The Bank of Sierra Leone has announced that the grace period for exchanging old Leones has ended, meaning the pre-redenomination notes and coins are no longer legal tender as of January 1, 2024.
However, there’s still a window of opportunity to swap your old bills for the new ones. If you still have old Leones, don’t panic! You have until March 31st to exchange them for the new currency.
Individuals and businesses that are still in possession of the old Leone are encouraged to effect the change at any commercial bank between the 1st January 2024 and 31st March 2024. Most banks will be happy to exchange your old Leones for the new ones during the designated period.
If you can’t get to a commercial bank, you can also exchange your old Leones at the Bank of Sierra Leone or its designated agents.
After March 31st, the commercial banks may no longer accept old Leones. You can only exchange them at the Bank of Sierra Leone or its designated agents.
The redenomination of the Leone was introduced in July 2022 to address inflation and make the currency easier to use. The new Leones are worth 1,000 times the value of the old Leones.
Super Advertise, an online business platform operational in Sierra Leone from October 2023 to late December 2023, finds itself in a startling situation as it faces allegations of fraudulent activities. According to reports from the Gleaner Newspaper, Super Advertis is accused of defrauding Sierra Leoneans, amounting to over Le 9,000,000,000.00 ($369,000.00) through task commissions.
Adding complexity to the situation, Super Advertise asserts that Orange-SL, a prominent mobile operator, has frozen all its accounts. This move by Orange-SL not only raises concerns but also intensifies the dispute as the online promotion service platform accuses the mobile operator of obstructing its operations.
Responding swiftly to the serious accusations, Orange-SL issued a statement on January 3rd, 2024, vehemently refuting any involvement or contractual association with Super Advertise. Orange-SL clarified that there are no frozen accounts linked to the accused company on their Orange Money platform.
The conflicting narratives from Super Advertise and Orange-SL have created unease within the Sierra Leonean community. Authorities are now tasked with the challenging responsibility of uncovering the truth behind these allegations and assessing the extent of Super Advertise’s alleged fraudulent activities.
The reported defrauded amount of Le 9,000,000,000.00 ($369,000.00) adds financial distress to an already sensitive matter, prompting affected individuals to seek justice and accountability for their losses.
This unfolding saga underscores the risks associated with online platforms and emphasizes the importance of exercising due diligence in engaging in online transactions. It serves as a reminder for users to be cautious and prompts regulatory bodies to enhance oversight in the continually evolving landscape of online services in Sierra Leone.
The Financial Intelligence Unit (FIU), an institution dedicated to combating financial crime, has initiated an investigation, in collaboration with key stakeholders, into the suspected unlawful activities of Super Advertis.
This entity has been using various mobile money platforms in Sierra Leone to accumulate deposits from the public, falsely presenting itself as an investment opportunity.
Super Advertis stands accused of engaging in unlicensed and unregulated financial services, particularly utilizing mobile money agents to amass supposed investment funds.
This alleged scam, resembling a “PONZI SCHEME,” operates by reimbursing existing investors from contributions made by new investors, rather than generating legitimate profits from a lawful business. Investors are misled into believing that profits stem from genuine business operations, while they actually originate from new investors’ deposits.
Major mobile money service providers, including Orangemoney and Afrimoney, have implemented measures to limit access to the third-party accounts utilized by the suspected fraudsters. They are actively collaborating with relevant authorities in the ongoing investigations.
The FIU issues a cautionary advisory to the public, urging vigilance when encountering individuals or entities offering investment opportunities. It emphasizes the importance of conducting thorough due diligence, ensuring complete satisfaction regarding the legitimacy of any business before engaging in financial investments.
Safeguarding the public’s interests and preserving the integrity of financial systems remain paramount for the FIU. The unit assures the public of further updates as the investigation progresses.
Individuals are encouraged to promptly report any suspected dubious financial activities to the FIU or relevant authorities, contributing to efforts in combating fraudulent financial schemes.
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In a bid to address customer confusion, Elephant Bet Sierra Leone has issued a statement alerting its clientele that the hotline number ‘747’ is dedicated exclusively to Elephant Bet’s customer service and is not intended for any other purposes.
The company expressed concerns over Super Advertis allegedly directing their disgruntled customers to Elephant Bet’s designated customer support line. This misdirection has resulted in an inundation of calls to Elephant Bet from individuals seeking assistance related to Super Advertis, causing disruptions to their regular customer service operations.
“We’ve noticed an increasing number of discontented calls flooding our customer service line, attributing their grievances to Super Advertis,” a representative from Elephant Bet stated. “We want to unequivocally clarify to the public that Elephant Bet maintains no affiliation with Super Advertis. Our toll-free line, 747, is solely designated for addressing Elephant Bet’s customer concerns and cannot assist in matters pertaining to Super Advertis.”
The company urges its customers and the public to use the designated channels provided by Super Advertis for their inquiries or concerns related to their services.
Elephant Bet emphasized their commitment to providing seamless customer service solely for their own clientele and urged cooperation from all parties involved to prevent further confusion and inconvenience.
Newly introduced online business Company, Super Advertis has announced to customers that it will shut down in 2 – 3 days from today Tuesday 2nd January 2024.
This announcement was made on its website early today. According to the announcement, all funds of the company have been frozen by Orange, hence the reason for its shutdown.
The Company has directed its users and partners to go to Rakuten, which it stated is its other branch, to retrieve all their money.
It further directed that they contact the manager of Rakuten and send their account ID as well as their balance screenshots, to handle fund withdrawals.
The development comes a few days after mobile money giant, Orange disassociated itself of any partnership with Super Advertis saying it does not have any contractual dealings or in any way associated with the business/company.
Super Advertis company was introduced in Sierra Leone in 2023. The platform recruited online workers who were asked to complete daily tasks, with a daily income of 50-500 NLE. It also promised corresponding commissions by completing the increase in praise of the products on the platform.
The Management Orange Mobile Money Finance SL Ltd has issued a Disclaimer disassociating itself from Super Advertis.
According to the disclaimer, Orange Mobile Money Finance revealed that they are not in partnership with Super Advertis nor have any contractual dealings or in any way associated with the business/company.
The disclaimer states “It has come to our notice that a company/business called Super Advertis has been communicating with the general public through several media channels, requesting them to send/deposit undisclosed sums of money to them through several platforms including Orange Money for reasons/purpose that are unclear to us.
We would do not like to inform the general public that Orange Mobile Finance SL Ltd is not in partnership nor have any contractual dealings or in any way associated with Super Advertis. Any of our customers that transacts with the said company/business will be doing so at his/her own risk,”
Sierra Leone’s foremost betting company, Elephant Bet, is spreading joy among its customers this festive season with the unveiling of their newest offering: the “CASHBACK AVIATOR.”
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Boxing Day fixtures await, fresh from the over-eating and over-drinking of Christmas Day. Talking of hungover and bloated, our Boxing Day Premier League Week 19 Predictions are here.
Each week we provide a meandering look into the upcoming round of Premier League football, with not only our predictions for the upcoming Premier League fixtures but offer up a wide range of H2H and in-season stats and barely interesting facts.
There’s so much to go through we can barely contain it to just one long page, but it’s worth it for our Boxing Day Premier League Week 19 Predictions plus all the stats.
2023-24 Boxing Day Premier League Week 19 Fixtures 2023-24 Boxing Day Premier League Week 19 Predictions Here are our fearless predictions for the fixtures ahead, and tune in below for all the stats and barely interesting stats that go along with them.
Newcastle 2 Nottingham Forest 0 Sheffield Utd 0 Luton Town 0 Bournemouth 2 Fulham 0 Burnley 0 Liverpool 4 Man Utd 0 Aston Villa 1 Chelsea 3 Crystal Palace 0 Brentford 1 Man City 1 Brighton 2 Spurs 2 Arsenal 4 West Ham 0
2023-24 Boxing Day Premier League Week 19 Best Stats
NEW v NFO – Newcastle have won seven home league games in a row v Nottingham Forest.
SHU v LUT – Sheffield Utd are the only team not to beat a bottom six side this season. (D2 L1)
BUR v LIV – Liverpool have won five straight at Burnley.
MUN v AVL – No team has won three games this season against big clubs other than Aston Villa. Interestingly, their F/A v big six clubs this season is 4-4.
CHE v CRY – Chelsea have won 11 games in a row v Crystal Palace. And six in a row at home, without conceding in the last four home games.
EVE v MCI – Man City are undefeated in 12 games v Everton (W10 D2). Man City have won six straight at Everton.
ARS v WHU – Arsenal have won eight straight v West Ham at home.
Liverpool vs Arsenal prediction, odds, betting tips
The Premier League pits together the current top two sides in England this weekend, as Liverpool host Arsenal at Anfield just prior to the Christmas break.
One of the biggest fixtures of the season, this match will not only decide which side will top the table over the festive period but could also go a long way to deciding which team will win the Premier League title.
Arsenal enter this clash as the leader of the two in terms of position in the standings, a point ahead of their old rivals. The Gunners routinely beat Brighton 2-0 last time out, and will be looking to change their recent poor fortune at this ground having not won here in the league since September 2012.
But Liverpool are made of stern stuff and after a summer of change in terms of on-field personnel, they’re looking to win their second Premier League title this time around. So far this season, the Reds have lost just one of their 17 league matches though they did fail to make their chances pay as they were held 0-0 by fierce rivals Manchester United last time out in this competition.
Score prediction: Liverpool 2-1 Arsenal In this clash, we’re giving Liverpool the slight edge, mostly based on the fact that this match is taking place at Anfield. At this venue, Jurgen Klopp’s side are currently unbeaten in 49 of their last 50 home league outings (W38, D11) which leaves them well-placed for even more success here.
Odds
Liv win 2.42
Arsenal Win 2.77
Draw 3.61
Both teams to score Y / N Over / Under 2.5 goals
Liverpool vs Arsenal best bet Pick: Over 2.5 goals scored
Liverpool have looked imperious on home soil this season, scoring 21 times across eight Premier League matches at this venue which leaves them in a good position to add to that tally here. The Reds have also only conceded five times in the process but with Arsenal arriving in confident fashion, that could change here.
As for Arsenal, they haven’t scored too many on the road in the league this season — 13 goals in eight matches — but with the attacking quality that manager Mikel Arteta has at his disposal, they should find the back of the net this weekend.
They have struggled at Anfield of late though, failing to win any of their last ten league visits to this ground and in that time, the visitors have conceded 34 times which points to more goals being let in here by the Gunners.
In this top-of-the-table clash, two of the best performers this season will face off as Liverpool’s Mo Salah and Arsenal’s Bukayo Saka look to one up each other.
West Ham United vs Manchester United Predictions and Betting Tips: Hammer time for United
West Ham United vs Manchester United Predictions We share predictions and betting tips for Manchester United’s trip to the London Stadium on Saturday, including 2.62 odds for the margin of victory.
The London Stadium plays host to West Ham and Manchester United for their lunchtime kickoff on Saturday.
Both sides are next to each other on the Premier League table and the current form table, making for an enticing fixture ahead of Christmas.
West Ham United vs Manchester United Betting Tips
Odds;
West Ham- 2.56
Draw -3.60
Man utd- 2.62
Halftime/Full-time result – West Ham/ West Ham
West Ham to win by one goal
Manchester United have only won once in their last five games in all competitions, that 2-1 win against Chelsea, which seems like it was ages ago.
The Red Devils secured a point at Anfield last weekend to register their first draw of the campaign.
Some would argue that it was a great result for a team that’s been struggling recently with plenty of personnel missing.
Unhappy hunting in London
Of the last 12 Premier League games in London, Manchester United have won just two, both against Fulham.
The Red Devils have a poor record at West Ham in recent times, losing in three of their last six visits (D1, W2), both victories coming under the watch of Ole Gunnar Solskjaer.
West Ham are in a good patch of form, losing one in their last six league games, an anomaly 5-0 loss to Fulham a fortnight ago.
Even though they were convincingly beaten by Liverpool in the League Cup at Anfield on Wednesday night, they will want to dispatch those memories by getting over United.
The Hammers bagged three points the last time they hosted Man Utd and they can leapfrog the visitors on the table with a win on Saturday afternoon.
West Ham United vs Manchester United Betting Tip 1: Halftime/Full-time result – West Ham/ West Ham
He’s found the net in two of his last three league games and has a total of 10 goals this season, just four behind Golden Boot frontrunner, Erling Haaland.
His goals account for 34% of West Ham’s total this term and having scored against the likes of Liverpool, Aston Villa, and Tottenham, you wouldn’t bet against him finding the net on Saturday.
West Ham United vs Manchester United Betting Tip 2: Anytime goalscorer – Jarrod Bowen
West Ham to edge it; Manchester United have gone three league games in December without scoring, the most in a single month since January 2020 and they’ve drawn a blank in 11 games this calendar year.
Erik ten Hag’s troops average a goal per game on the road, which may not be enough to turn over West Ham.
Meanwhile, David Moyes’ men scored 15 times at the London Stadium, just three short of United’s entire tally this season.
Having won the corresponding fixture 1-0 in May this year, West Ham are in prime position to repeat that feat.
West Ham United vs Manchester United Betting Tip 3: West Ham to win by one goal
