Business
Why Nollycoin Stands out as A Winning ICO Project That Will Provide Long Term Value by Ope Banwo
This article discusses how to cut through the ICO Crowdsale hype and how to purchase real ICOs of value in the fledgling crypto revolution.
In a world driven by hype and FOMO [Fear Of Missing Out], it is becoming clearer every day that a diligent crypto enthusiast needs to have a litmus test for picking a token to support in a world where genuine viable projects are hard to find and good projects with long term prospects are even harder to distinguish from money grabbing ‘shitcoins’.
With the recent developments where most new cryptos are hitting record lows, and new ICO Projects not living up to their hypes after the Crowdsale , it is now common for disappointed ‘investors’ to go around blaming the ICO promoters on Social Media, rather than blame themselves for not doing the proper due diligence to pick a most probable post-crowdsale winner before purchasing a token during its ICO.
From my extensive observation, it appeared that most crypto buyers simply bought coins during an ICO based on the FOMO (Fear of Missing Out) created by the masters of the hype behind those coins. Many simply bought without understanding the post-ICO purpose of the coin, or what the token was supposed to do after the Crowdsale. When nothing happened after the ICO, as is often the case now for many ICOs, they would then jump on social media to scream bloody murder.
Recently, myself and my team just finished a tour of Africa and some parts of Usa to promote the Nollycoin ICO. We organized and sponsored different conferences, did live AMA (Ask Me Anything) press meetings, and held lots one-on-one meetings with Crypto whales, little investors, and crypto millionaire wannabes of every color.
Through it all, one thing that amazed me beyond all else was that MOST token holders had NO CLUE about the underlying business or project behind the token sales they participated in.
Even stranger in my observation, was the Amazing fact that many could not tell you the value proposition of the project, its objectives or the plan of the company to disrupt the marketplace and grab a chunk of the buyers in their industry. They simply bought the ICO because several telegram or Facebook Pages they visited kept telling them to ‘Buy. Hodl and buy more’. Most simply acted on herd instinct rather than objective deliberation.
Now, if most of the people I met were just teenagers or people without education, I would not have been so surprised at the level of ignorance of many of the crypto ‘investors’ I met. On the contrary, many of those I met were college graduates and people of some means. Yet less than 10% of them could readily articulate why they bought a coin in expectation that it would increase in value over time. Everywhere I went, very few in the crowd could tell me the name, experience and capability of the corporate managers of the company selling the coins.
The only thing most of them could point out was that the coins were recommended by ‘respected’ influencers when facts have proved that most of them were paid chills to create FOMO and respectability for otherwise useless shitcoins.
Beyond the so-called bogus influencers, all many crypto buyers knew was that the names of the team leaders were Russian, Chinese or Korean though they knew absolutely nothing about them. It was as if all you needed to have a successful ICO was to list names of people from Korea or China or Russia that no one could even verify with a simple google search.
While I agree there are certainly many things to consider deciding whether the tokens of a project would increase in value over time, I think the acid test, and the most immediate evaluation criteria, should be the utility of the coin itself outside of what would happen in the crypto exchanges.
Though most crypto token owners I met didn’t even know it, the reality is that if you bought a token from most ICOs, you were not really ‘investing’ in that company. You would not be buying shares of the company and you were not buying any security from the company.
And at best, what you were doing when you bought tokens during most ICOs was ‘donating’ to a project in exchange to being given a utility token or coin that legally had no real value beyond the business ecosystem controlled by the issuing company.
In order words, apart from your hope that the price of the tokens would ‘moon’ or rise to make you a millionaire, there is not much else you could do with the token other than enjoying the utility attached to it by the ICO company, if any.
Since no one could really predict for sure how a Crypto would perform on a crypto exchange when it finally got there, and most recent experience have shown that the prices of most tokens would most likely nose dive in the first few weeks of hitting an exchange (due to large sell offs by speculators ), it would make some sense for you to look at what other value or utility you could derive from your token, beyond the expected ‘mooning’ on the exchange.
As the crypto revolution continued to rev, morph and adapt to different developments in the market place, the only way to ensure your money is not being thrown into the gutter is to be sure that you could still use those tokens to get excellent value and benefits even if you could sell it for profits immediately on an exchange.
In making this determination you must ask yourself this primary question: What is value, product or service that the company selling the token with generate that will give me enough value for my cash to make this purchase worth my while?
In a world of crashing prices of tokens at different exchanges, the more opportunities you have to derive real life utilization with a token outside of the expected listing on the crypto exchange, the better the chances that you would not end up being frustrated or stranded with tokens that are useless to you.
So, you must ask over and over: IF this coin never traded on an exchange, would I still be happy that I supported the vision? If this token lost 70% of its value on an exchange, can I still use it and get value for my money elsewhere with it?
If you could not answer these questions positively after reviewing the WHITEPAPER and investing the claims of the company, then you should think twice before buying that coin.
Take a current ICO like Nollycoin which is the token powering a Blockchain enabled movie distribution ecosystem. The promoters of the coin have created different utility scenarios for buyers of the coin to ensure that no matter what happens to Nollycoin on the crypto exchange, their backers and token hodlers will keep smiling.
Some of the great utility attached to the Nollycoin token in the Nollytainment ecosystem include
• Ability to use Nollycoin tokens to watch exclusive movies at the cinemas and movie houses
• Ability to use the Nollycoin tokens to access 1,000s of movies on their Netflix-on-steroids blockchain Movie distribution.
• Ability to use Nollycoin tokens to purchase products and services at the NollyMall which is like an Amazon platform for entertainment-based products.
• Ability to use the Nollycoin tokens to pay for school fees at the NOLLY Academy platform and partner companies
As you can see, beyond the normal expectation that the tokens may be listed on a crypto exchange platform, you can use the Nollycoins right now to get tremendous value for ‘investing’ in the vision of Nollytainment by supporting their project. For more on information on Nollycoins and its amazing utility for purchases go to ico.Nollycoin.com.
Dr Ope Banwo is the Founder/Ceo of Nollytainment Inc, promoters of the Nollycoin ICO, he is a crypto enthusiast, author and trainer
FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan
For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream.
But that narrative is quietly changing. Thanks to FirstBank.
The N1 Trillion Intervention Reshaping Access
In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.
Backed by the Federal Government’s N1trillion mortgage fund, the initiative is designed to empower Nigerians with affordable, long-term credit to own their homes.
9.75% Interest Rate in a 30% Lending Environment
MREIF is priced at 9.75% per annum, dramatically lower than prevailing commercial loan rates. Eligible Nigerians can access up to N100 million and repay within 20 years. This translates into significantly more manageable monthly repayments and greater long-term financial stability.
Built for Salary Earners, Entrepreneurs and the Diaspora
The MREIF mortgage facility has been structured to be inclusive. It is available to salary account holders, business owners and diaspora customers. Whether you are a young professional aiming to exit the rent cycle, an entrepreneur building generational stability, or you’re a Nigerian abroad looking to secure assets locally, the product opens a pathway that has historically been out of reach for many.
Taking the First Step
For those who have been waiting for the right time, this is definitely it. The question is no longer whether homeownership is possible. The real question is: will you act before the window narrows?
Visit https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ and in no time you could be the latest homeowner in town.
Alpha Morgan Bank Deepens Presence in Abuja with New Branch in Utako
Marking another milestone in its expansion drive, Alpha Morgan Bank has opened a new branch in Utako, Abuja, reinforcing its strategy of building closer institutional ties within key business communities and bringing its financial expertise closer to individuals, and enterprises driving the city’s growth.
The new branch, located at Plot 1121 Obafemi Awolowo Way, Utako, Abuja is strategically positioned to serve individuals, entrepreneurs, and corporate clients within Utako and surrounding districts.
The expansion follows the Bank’s recently concluded Economic Review Webinar held in February 2026, as the bank continues to position as a thought-leader in the financial services industry.
Speaking on the opening, Ade Buraimo, Managing Director of Alpha Morgan Bank, said the move underscores the Bank’s commitment to accessibility and service excellence.
“Proximity matters in banking. As communities grow and commercial activity expands, financial institutions also evolve to meet customers where they are. The Utako Branch allows us to deliver our services to people in that community efficiently while maintaining the high standards our customers expect,”
The Utako location will provide a full suite of retail and corporate banking services, including account opening, deposits, transfers, business banking solutions, and financial advisory support.
Customers and members of the public are invited to visit the new Utako Branch to experience the Bank’s approach to satisfying banking.
Dangote Refinery Prioritises Domestic Supply Amid Global Energy Turbulence
By George Omagbemi Sylvester | Published by SaharaWeeklyNG
“Nigeria insulated from international fuel shocks as Dangote Petroleum commits to uninterrupted local delivery.”
Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to prioritising the domestic market, pledging to shield Nigerians from the ripple effects of ongoing global energy disruptions. The assurance, delivered in Lagos on 5 March 2026, comes as international refinery operations experience shutdowns or reduced output due to escalating Middle East geopolitical tensions, which have sent crude oil and petroleum product prices soaring worldwide.
“Our mandate remains clear: Nigeria’s local market takes precedence. In times of global supply shocks, we will continue to ensure that domestic availability of petrol, diesel, and kerosene is uninterrupted,” said Mr. Folorunsho Alakija, spokesperson for Dangote Petroleum Refinery.
The refinery’s declaration arrives amid mounting concerns over fuel scarcity, triggered by export restrictions imposed by major international producers, including China, and shipping delays that have further tightened global petroleum supply chains. Industry analysts have hailed the domestic focus as a critical buffer against volatility that could otherwise push Nigeria into deeper energy insecurity.
Domestic Shield Against Global Disruption
Dangote Refinery, Africa’s largest oil processing facility, has leveraged its multi-million-barrel refining capacity to mitigate Nigeria’s historical dependence on imported petroleum products. The company emphasised that prioritising local supply provides a strategic advantage in insulating the nation from international market shocks.
“Our refinery’s scale allows Nigeria to withstand short-term external disruptions. We have the infrastructure and capacity to meet local demand even when global supply chains falter,” explained Mr. Chijioke Okonkwo, Operations Director at Dangote Refinery.
The proactive approach is particularly significant as several international refineries have either reduced throughput or temporarily halted operations, causing a global scarcity of refined products. Experts warn that without domestic cushioning, fuel prices in Nigeria could have surged sharply, exacerbating inflationary pressures in a fragile economy.
Managing Costs While Prioritising Supply
In response to rising procurement costs for crude oil amid the international crisis, Dangote Refinery introduced a modest ₦100 per litre increase in the ex-depot price of Premium Motor Spirit (PMS), absorbing roughly 20 percent of the cost escalation to lessen the impact on consumers.
“We are balancing operational sustainability with affordability. While global prices have risen sharply, we have chosen to absorb a significant portion to protect Nigerian households and businesses,” noted Mr. Emmanuel Adeyemi, Chief Finance Officer.
This pricing strategy underscores the refinery’s dual focus: ensuring uninterrupted supply while cushioning the public from abrupt spikes that could destabilize economic activity. Industry observers have lauded the approach as pragmatic, considering the volatility in international oil markets.
Strategic Distribution Initiatives
Beyond refining, Dangote Petroleum has initiated Compressed Natural Gas (CNG) powered trucks to enhance nationwide distribution efficiency. The initiative seeks to reduce logistics costs and carbon emissions while ensuring a more reliable delivery network to petrol stations across urban and rural areas.
“Logistics is a critical part of the energy supply chain. By deploying CNG-powered trucks, we reduce dependency on expensive diesel, lower delivery costs, and improve supply reliability across the country,” explained Ms. Funke Adedoyin, Head of Logistics Operations.
This strategic move reflects a broader commitment to modernising Nigeria’s petroleum distribution infrastructure, reducing bottlenecks that have historically contributed to scarcity at retail outlets.
Implications for National Energy Security
Nigeria has historically struggled with fuel imports to meet domestic demand, making the country vulnerable to international market fluctuations. Dangote Refinery’s prioritisation of local supply mitigates this vulnerability by leveraging home-grown refining capacity, which allows for timely access to petroleum products and less reliance on foreign shipments.
“With Dangote Refinery leading local prioritisation, Nigeria is less exposed to global fuel shocks. The country is moving towards self-reliance in petroleum product supply,” commented Dr. Halima Suleiman, energy sector analyst.
Experts note that sustained operations at the refinery not only enhance energy security but also preserve foreign exchange, reduce import bills, and stabilise domestic market prices.
Corporate Social Responsibility and Market Stability
The refinery’s commitment is part of a broader corporate responsibility framework. Dangote Petroleum continues to engage with government agencies and regulatory bodies, ensuring that domestic supply is coordinated with Nigeria’s Petroleum Product Pricing and Regulatory Agency (PPPRA) to prevent panic buying and market distortions.
“We are in constant consultation with the government to ensure that our supply strategies align with national economic priorities,” said Mr. Alakija.
Such collaboration helps avert artificial shortages, stabilises pump prices, and maintains confidence in the domestic fuel market. Analysts argue that this approach exemplifies how private sector capabilities can complement governmental policies to enhance national resilience.
Navigating Global Uncertainties
The refinery operates in a complex global environment, where geopolitical crises, shipping constraints, and crude oil volatility can trigger disruptions. Dangote Petroleum’s domestic-first approach positions Nigeria to weather such crises more effectively.
“Global uncertainties are unavoidable, but our infrastructure and strategy ensure that Nigerians remain insulated from immediate shocks,” said Mr. Okonkwo.
This emphasis on resilience aligns with global best practices, where national refining capacity is leveraged to protect local markets from international supply disruptions.
Stakeholder Reactions
The government, civil society, and industry stakeholders have welcomed Dangote Petroleum’s strategy. Officials from the Federal Ministry of Petroleum Resources noted that prioritising local supply aligns with Nigeria’s energy security policies and reduces the burden of foreign exchange expenditures on crude imports.
“Dangote Refinery is demonstrating leadership. Its domestic prioritisation ensures that the Nigerian economy remains insulated during turbulent global markets,” said Dr. Tunji Olumide, Special Adviser on Energy.
Consumers have also expressed cautious optimism. Retail operators and commuters reported steadier fuel availability in Lagos and other cities, though concerns remain about sustained pricing and distribution efficiency.
The Road Ahead
While Dangote Refinery’s strategy provides immediate relief, experts argue that long-term stability requires further investments in alternative energy, diversified refining infrastructure, and strategic reserves. This ensures that Nigeria can withstand global shocks without relying excessively on imports or temporary supply adjustments.
“Short-term measures like prioritising local supply are critical, but long-term energy security demands diversification, renewables adoption, and consistent policy implementation,” said Dr. Suleiman.
The refinery is exploring additional initiatives, including expanding storage capacity, upgrading pipeline networks, and adopting technology-driven monitoring systems to ensure supply continuity across the country.
Final Take
By prioritising domestic fuel supply amid global market turbulence, Dangote Petroleum Refinery and Petrochemicals has demonstrated its role as a stabilising force in Nigeria’s energy sector. Through strategic logistics, modest pricing adjustments, and engagement with government regulators, the refinery is insulating the nation from international shocks while maintaining operational sustainability.
“Our responsibility extends beyond profitability; it’s about ensuring Nigerians have reliable access to essential fuel. We take that mandate seriously,” concluded Mr. Adeyemi.
The refinery’s actions offer a blueprint for how large-scale domestic capacity can protect national economies in times of global energy instability, underscoring the critical intersection of private sector resilience, public policy, and national energy security.
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