Headlines
What is a Bitcoin exchange?

These digital asset exchanges are the most popular for acquiring new BTC due to their user-friendliness and availability. In simpler terms, a Bitcoin exchange is a digital marketplace where traders and buyers can buy and sell this digital money using conventional currency or other altcoins. A Bitcoin exchange is an online platform that acts as an intermediary between buyers and sellers of this virtual money.
The process of acquiring new Bitcoins from a Bitcoin exchange such as Quantum AI follows a few basic steps, which include;
Creating an account on the exchange
Validate your identity by linking your bank account or a credit card and uploading your identification.
Right after you have approved, you can now make your purchase of a new BTC, and this digital money is transferred to your account once the transaction is complete.
Furthermore, most exchanges lately offer ways to set up recurring purchases, making it easier to set up daily, weekly or yearly investments in manageable denominations. It is a reasonably painless way to grow your Bitcoin holdings. Before investing with crypto exchanges like Quantum AI check did Elon Musk invest in Quantum AI
On the other hand, Bitcoin exchanges are vulnerable to hacks and other security issues. If you leave your Bitcoin on the exchange platform, it is not yours until you withdraw it to a wallet you control. If somebody hacks the crypto exchange or you lose the funds due to mismanagement, you may lose your digital money.
As a result, most of these digital money users deposit their funds via bank transfers into the exchange, purchase their electronic money and then eventually withdraw it to a safe wallet that allows them to hold their private keys.
Moreover, Bitcoin exchanges are subject to Know Your Customer (KYC) and AML regulations. Therefore, you will be required to submit some of your personal information and documentation as proof of who you are.
Decentralized Exchanges
Decentralized Bitcoin exchanges are digital platforms that operate without a central authority. These exchanges, in return, allow peer-to-peer trading of these electronic currencies without an exchange authority to facilitate the transactions. A decentralized Bitcoin exchange has several, including;
It helps most of these digital money users feel that decentralized exchanges better match the decentralized structures of most digital currencies themselves.
The majority of decentralized exchanges also require less personal information from their members than other types of exchanges
There are few chances or issues of hacks if the users transfer assets directly to other users, therefore, eradicating the need to transfer assets to the exchange.
Moreover, decentralized exchanges may be less susceptible to price manipulation and fraudulent trading activities.
Decentralized trading exchanges must maintain fundamental user interest in trading volume and liquidity. Furthermore, not all decentralized exchanges have achieved these essential baseline qualities. Users of a decentralized exchange may have less recourse if they are all the victims of fraud than those who use the crypto exchanges with centralized authorities.
Special Considerations When Selecting a Bitcoin Exchange
When considering which exchange they can work with, find out the fees incurred in every transaction. All Bitcoin exchanges have transaction fees applied to each completed buy and sell order carried out within the exchange.
Digital money users should also consider the Bitcoin wallets they will use to store private keys for authorizing transactions and accessing the user’s Bitcoin addresses.
The Bottom Line
A Bitcoin exchange is a business that enables customers to trade this and other cryptocurrencies for fiat money or other virtual currencies. Today, the world has various crypto exchanges, but almost all serve the same purpose of facilitating crypto trading. Nevertheless, research the platform you use to ensure the safety of your funds and seamless trading.
Headlines
NNPC Foundation Trains Over 3,000 Southwest Farmers in Climate-Smart Agriculture

In a bid to promote food security and sustainable agricultural practices, the NNPC Foundation has successfully trained more than 3,000 farmers in the South-West geopolitical zone on climate-smart and modern farming techniques.
The training, which concluded on Friday in Ikorodu, Lagos, marked the end of the Southwest phase of the foundation’s pilot programme aimed at empowering local farmers and boosting agro-productivity.
Speaking at the closing ceremony, Managing Director of the NNPC Foundation, Mrs. Emmanuella Arukwe, described the initiative as a milestone in the lives of thousands of farmers.
“Today marks the formal conclusion of the first phase of a national journey that speaks to resilience, food security, and economic empowerment,” Arukwe said.
“What began as a bold decision to support small holder farmers has translated into tangible action across three geopolitical zones (South-East, South-South, and South-West) in Southern Nigeria.”
She disclosed that a total of 3,860 vulnerable farmers across 10 locations in the three regions were trained in sustainable farming practices that improve productivity and market access.
“This achievement is not just a number, but a milestone in the lives of real people and real communities. We were able to strengthen farmers’ capacity to adapt to climate change,” she added.
“Through the training, we were able to improve access to markets, promote inclusive agriculture and especially gender representation. We also trained them on enhancing food production through sustainable techniques.”
Arukwe noted that the programme would now move to the North-West, North-Central, and North-East zones as part of its next phase, saying the foundation is committed to supporting livelihoods nationwide.
“This is only Phase One. We will now turn our focus to the North-West, North-Central, and North-East zones. What we have achieved in the South will inform and strengthen our next steps,” she said.
“The NNPC Foundation will continue this mission, to support livelihoods, build resilience, and empower the hands that feed our families and beyond.
We have decided that most times you get a lot of requests from people asking us to give them palliatives and all kinds of things to help them.
But we think it is much better to teach people to fish than just give them fish so they can continue,” Arukwe explained.
Chairman of Ikorodu Local Government, Mr. Wasiu Adesina, while commending the initiative, urged the beneficiaries to apply the knowledge gained to boost productivity and profitability.
“As we all know, agriculture is the bedrock of any nation. Without agriculture, there will not be a nation, because there will be no food to eat,” Adesina stated.
“It is the farmers that produce our food, and it is important that we train our farmers with new techniques in agriculture, and that is exactly what the NNPC Foundation is doing.
“To the farmers, you have to take advantage of this training and face the farming squarely. In some great countries like the United States and the United Kingdom, farmers are the most richest people in those countries.
“This is because they make a lot of money from farming. We need to inculcate that habit in Nigeria and develop ideas in farming. Even after my tenure, I am going back to farming, so, maybe I will ask the NNPC Foundation to train me so that I also join you to be a farmer.”
He appealed to the foundation to provide further empowerment for the trained farmers to help them kickstart their agricultural ventures.
“If the farmers have land for farming, I believe the foundation will provide financial aid to keep their farms running,” Adesina added.
Also speaking at the event, the Lagos State Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, represented by the Director of Fisheries, Mrs. Osunkoya Daisi, lauded the Foundation’s efforts in bolstering the state’s food security.
“On behalf of the Lagos State Government, we would like to express our sincere appreciation to NNPC Foundation for training our farmers and for training all the farmers all over the country,” she said.
“Definitely, the training will help improve food production. We can see the impact of climate change effects in agriculture. I am sure farmers have been equipped with climate-smart agriculture techniques to improve production.”
The NNPC Foundation Ltd/Gte is the Corporate Social Responsibility (CSR) arm of the Nigerian National Petroleum Company (NNPC) Limited. It was incorporated in February 2023 to manage the company’s CSR initiatives and enhance Nigeria’s socio-economic development.
Education
NUC grants ESUT full accreditation for Law, 7 other programmes

The National Universities Commission, (NUC), has given full accreditation to the Enugu State University of Science and Technology (ESUT), for her Law programme.
According to the Public Relations Officer of ESUT, Mr Ikechukwu Ani, this is contained in a letter addressed to the institution’s Vice Chancellor, Prof. Aloysius Okolie, on Wednesday in Enugu by the NUC.
Ani said that in the letter, the Executive Secretary of NUC, Prof. Abdullahi Ribadu said the report was contained in the result of the October/November 2024 accreditation of academic programmes in Nigerian universities.
Ani disclosed that other programmes in the institution accredited by the NUC include Master of Science in Business Management; Education Computer Science; Education Physics and Agricultural Engineering.
Other accredited programmes he said were Quantity Surveying; Urban and Regional Planning; and Applied Microbiology.
He said that the letter quoted Section 10 (1) of the Education National Minimum Standard and Establishment of Institutions, Act CAP E3, Laws of the Federation of Nigeria 2004 as empowering the NUC to lay down minimum academic standards for all academic programmes taught in Nigerian universities.
He said the session also empowers the NUC to accredit such programmes.
Crime
Court remands 2 over alleged attempted murder

An Ikeja Magistrates’ Court, Lagos, on Wednesday, remanded two persons, Olaitan Fasasi and Kehinde Tobiloba in a correctional facility over alleged attempted murder.
Fasasi, 40, and Tobiloba, 26, whose addresses were not provided, are being charged with conspiracy, attempted murder and membership of a secret society.
The Magistrate, Mr L.A Owolabi, did not take the plea of the defendants for want of jurisdiction.
Owolabi directed the police to forward the case file to the Director of Public Prosecution for legal advice.
He thereafter adjourned the case until May 31 for mention.
The Prosecutor, Josephine Ikhayere, told the court that the defendants committed the offences at about 5.02p.m on Feb. 15, at Mushin, Lagos.
She said that Fasasi, Tobiloba and others now at large, attempted to commit murder by shooting at a resident, Alfred Ademola.
“They armed themselves with a locally made gun. They belong to Eiye Confraternity, a group proscribed by law,”, she said.
Ikhayere said that the offences contravened Sections 230(1) and 411 of the Criminal Law of Lagos State, 2012.
He said that the actions of the defendants also contravened Section 2(3)(a)(b)(c)(d) of the unlawful societies and Cultism Law of Lagos State Law.
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