Best Copy Trade Broker in Nigeria 2022: A New Investment Option

In 2023, there are over 500 binary options brokers worldwide, each with its unique offerings and trading platforms. Many people, especially beginners, wonder how to choose the best one. Traders Union (TU) experts have conducted a thorough analysis to help traders make the right choice, excluding unreliable brokers. The result is the Top 5 Best Binary Brokers for 2023, all licensed, offering a wide range of trading options, and ensuring favorable conditions for traders. This list aims to save time and protect traders from potential scams. Top binary options platforms Traders Union analysts regularly update the binary options trading platform

By Adedapo Adesanya The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised the alarm over alleged secret reintroduction of fuel subsidy payments by the federal government. In late May, after taking the oath of office, President Bola Tinubu announced the total removal of subsidy on petrol, which saw prices jump to over N600. The removal of fuel subsidy and the resulting increment in the pump of petrol by almost 300 per cent had quadrupled the inflation rate in the country and affected the purchasing power of Nigerians, especially the middle class and low-income earners. It was expected that as

For maritime businesses, the stakes are high, and the seas can be unpredictable. Whether you own a shipping fleet, operate a fishing company, or oversee marine logistics, safeguarding your assets with the right marine insurance is prudent. It’s also essential for the sustainability of your enterprise. Here are some tips for how to find the best marine insurance provider. By following these strategic steps, you can ensure your business remains afloat, even in the face of unforeseen challenges. 1. Assess Your Maritime Needs The first crucial step towards securing the ideal marine insurance provider is a comprehensive assessment of your

By Adedapo Adesanya Brent crude futures surged by 2.8 per cent or $2.59 on Wednesday to the highest settlement in 2023 at $96.55 per barrel after a steep drop in crude stocks in the United States compounded worries of tighter global supplies. The price of the US West Texas Intermediate crude futures (WTI) climbed by 3.6 per cent or $3.29 to $93.68 as the Energy Information Administration (EIA) reported a crude oil inventory draw of 2.2 million barrels for the week to September 22 in the country. In the preceding week, the agency posted an inventory draw of 2.1 million

By Modupe Gbadeyanka Lagos State Governor, Mr Akinwunmi Ambode, has come under sharp criticisms over a report by an online newspaper, Premium Times, alleging that his administration has not been transparent with taxes of residents. Those who reacted to the piece said they find it hard to believe that the state government force residents of the state to pay their taxes and threaten to punish them if they fail to comply, but government do not see mandatory to explain how the funds were used. “In Nigeria, govt compels you to pay up ur taxes, yet cannot be transparent as to

By Dipo Olowookere The minimum operating capital of insurance companies operating in Nigeria has again come to the fore following an announcement made yesterday by the industry’s regulator, the National Insurance Commission (NAICOM). The regulatory agency said it was raising the minimum paid-up share capital of insurance and reinsurance firms so as to make the sector stronger and better. In a circular to all insurance and reinsurance companies signed by NAICOM’s Director, Policy and Regulation Directorate, Mr Pius Agboola, on behalf of the Commissioner for Insurance, Mr Mohammed Kari, it was said that the new capital regime would take effect

By Dipo Olowookere The management of one of the leading insurers in Nigeria, African Alliance Insurance Plc, has reiterated its commitment to continue to uphold its integrity and maintain the highest level of corporate governance as well as satisfying both its shareholders and customers. In a statement issued on Wednesday in Lagos, Managing Director of African Alliance Insurance, Mrs Funmi Omo, disclosed that in 2017 alone, the insurance firm paid N8.69 billion in claims settlement, a 32.5 percent increase from the N6.56 billion paid in 2016. According to her, the company also recorded a gross premium income of N6.29 billion

By Investors Hub Asian markets moved mostly lower on Thursday, with investors treading cautiously after the U.S. Federal Reserve raised interest rates by 25 basis points and hinted at another rate hike this year and a few more in 2019. Japanese stocks moved to the downside, snapping an 8-day winning streak amid profit taking. The benchmark Nikkei 225 Index slumped 237.05 points or 1 percent to 23,796.74. Fanuc, Tokyo Electron and Nitori Holdings posted sharp losses, while a few stocks from the automobile sector moved higher on reports the U.S. is unlikely to impose further tariffs on Japanese automotive products

By Jerome-Mario Chijioke Utomi Recently, precisely on Monday, August 23, 2022, the GbaramatuVoice newspaper, in what has become an annual ritual of the sort, announced for the awareness of the general public, details of programmes lined up to mark its forthcoming 7th Anniversary Lecture/Awards, scheduled for Tuesday, August 30, 2021, by 10:00 am, at the Transcorp Hilton Hotel, Federal Capital Territory (FCT), Abuja. Also in that release, the news organization told the world that the anniversary lecture, which has as a central theme Oil politics, securing national assets, dependency and diversification, will have as keynote speaker, Timipre Sylva, the Minister

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed the final trading day of the week in the negative territory as it fell 0.5 per cent drop on Friday, August 11. The NASD market capitalisation, as a result, dropped N5.52 billion to close at N1.090 trillion, in contrast to the N1.095 trillion it quoted at the previous session. Similarly, the NASD Unlisted Securities Index (NSI) depreciated by 3.99 points to end the day at 788.07 points as against 792.06 points it recorded at the previous session. The fall witnessed by the NASD OTC Securities Exchange was instigated by a

By Adedapo Adesanya The federal government has disclosed that the reconstruction and rehabilitation of Port Harcourt – Maiduguri narrow gauge railway is to commence in 2021. The Minister of Transportation, Mr Rotimi Amaechi, disclosed this during the 2021 budget defence of the ministry’s estimates before the joint committees of the Senate and House of Representatives held in Abuja on Friday. Mr Amaechi said that the rehabilitation of the gauge was part of priority projects of the national government to achieve intermodal transportation to enhance economic growth. He also mentioned the construction of the central railway from Itakpe to Abuja and

By Dipo Olowookere African member governments and other shareholders of African Trade Insurance Agency (ATI) will earn their first dividend this year after the agency declared a profit of $9.9 million in the 2017 financial year. The dividend payment came after the General Assembly of ATI approved it at the Annual General Meeting (AGM) held in Abidjan, where the company also announced its record-breaking 2017 financial results for the sixth consecutive year. ATI has earmarked an initial $2.5 million in payments to its shareholders which include 14 African member governments. The company’s CEO, Mr George Otieno, noted that, “We have