Court of Appeal Accepts Lagos’ Request to Join VAT War

Traders Union (TU) experts know that supply and demand rules control all markets. When traders trade, they usually use technical signals to find out if there is more supply or demand. In this guide, the analysts will delve into the world of supply and demand zones and explore their significance in trading. But before you dive in, it’s crucial to grasp the fundamentals. What you should know about supply and demand zones The guidance from TU’s analysts provides insight into the crucial aspects of demand and supply zone trading. It is important to understand these zones: Supply Zone – this

Traders Union (TU) recently took an interest in ChatGPT, a chatbot by OpenAI. Think of ChatGPT as a super-smart robot friend who loves to chat about almost anything! It’s famous for giving detailed answers to loads of questions. But, like every friend, it might get things wrong sometimes. There’s a free version everyone can chat with, and a fancier version called ChatGPT Plus for those who want more. Some even call it the “ChatGPT trading bot” because of its extensive knowledge about trading. ChatGPT’s trading capabilities Without a doubt, ChatGPT has carved a niche for itself in the automated trading

By Adedapo Adesanya The Naira appreciated against the US Dollar in the Investors and Exporters (I&E), the Peer-to-Peer (P2P), and the black market arms of the foreign exchange (forex) market on Friday, September 29, as a turbulent third quarter ended. In the official segment, the local currency improved its value against the greenback by 2.6 per cent or N20.04 to close at N755.27/$1, in contrast to the preceding day’s N775.31/$1 amid a drop in the supply of FX into the system by 11.6 per cent or $16.73 million to $127.82 million from the $144.55 million published on Thursday. In the

By Investors Hub Asian stocks closed broadly higher for the second straight day on Friday as Chinese trade data beat expectations and the U.S. Congress passed a stopgap spending bill to keep the government funded until December 22nd. Media reports also suggested that Britain and Ireland were close to a Brexit deal. Chinese shares ended on a positive note after data from the General Administration of Customs showed the country’s exports grew at a faster than expected pace in November. Chinese exports advanced 12.3 percent year-over-year in dollar terms, well above the 5.9 percent increase economists had forecast. Imports surged

By Ebitonye Akpodigha The trial of a former Governor of Plateau State, Mr Joshua Dariye, before Justice Adebukola Banjoko of the FCT High Court sitting in Gudu, Abuja was stalled on Thursday, October 20, 2016, as Dariye’s counsel, Mr Nantok Joshua, asked for an adjournment to enable the defence produce a ruling purportedly delivered by a Kaduna State High Court, which it intended to tender and build on with its next witnesses. The ruling, according to Mr Joshua, deals with the ecological funds, which is the crux of the case, couldn’t be tendered because the Registrar of the Kaduna State

By Dipo Olowookere President Muhammadu Buhari has been advised to urgently constitute a board for the Securities and Exchange Commission (SEC). This appeal was made by the Executive Chairman of the Centre for Anti-Corruption and Open Leadership (CACOL), Mr Debo Adeniran. Making this plea in the petition to President Buhari, the CACOL boss said the non-constitution of the board violates “the extant laws establishing SEC.” He said the board will help to enhance operations of the capital market regulator and ensure no Director General of SEC abuses his office. “That Your Excellency should take immediate steps to constitute a Board

By Dipo Olowookere Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) and Chairman of the Board of Trustees of Hamdan Bin Mohammed Award for Innovation in Project Management, Mattar Al Tayer, has announced the opening of registration for the inaugural edition of the Hamdan Bin Mohammed Award for Innovation in Project Management (HBM AIPM). The Award with total prize money of about $550,000, aims to identify, reward, encourage, promote and enable innovation in project management by compiling an innovative project management methodology, creating a database for best practices and business models

By Dipo Olowookere This year, approximately 300,000 babies around the world will be born with sickle cell disease (SCD), an inherited, chronic blood disorder which can cause severe pain, stroke, organ failure, and other complications, including death. The United Nations has designated SCD as a global public health problem. While simple public health measures such as newborn screening, vaccinations, and early interventions have been proven to greatly improve childhood survival in several countries, including the United States, SCD continues to be a major global public health issue. It remains a major killer of infants and children in the developing world,

By Adedapo Adesanya The Nigerian Communications Commission (NCC) has stated that the telecoms sector should expect fresh guidelines and regulations on indigenous content, among others. The Executive Vice-Chairman/Chief Executive Officer of the agency, Mr Umar Garba Danbatta, made this disclosure while speaking at the maiden edition of the Policy Implementation Assisted Forum (Piafo-001) on the National Policy for Promotion of Indigenous Content in the Nigerian telecommunications sector last Friday. Mr Dambatta said “with the constitution of the NODITS, the industry should expect new guidelines and regulations bothering on indigenous content, local manufacturing of telecom equipment, outsourcing of services, construction and

By Dipo Olowookere The Nigerian Senate on Wednesday approved the request by President Muhammadu Buhari to raise Eurobonds worth $2.786 billion. The proposed external borrowing is mainly to fund part of the 2018 budget signed into law in June 2018 by the President. Last week, Mr Buhari, in a letter to the National Assembly, had requested the resolutions of the parliament to approve the borrowing. At the plenary today, the Senate said President Buhari can go ahead with the external borrowing through the issuance of the Eurobond. This was after Chairman of the Senate Committee on Local and Foreign Debts,

By Modupe Gbadeyanka The International Monetary Fund (IMF) team and the Togolese authorities have agreed on a programme supported by the bank’s Extended Credit Facility (ECF) arrangement. The agreed economic program supported by the ECF arrangement aims to improve the living conditions for the population and to maintain a stable macroeconomic environment that is compatible with public debt sustainability The team, led by Cemile Sancak, visited Lomé, the country’s capital, from January 5-18, 2017 to carry out discussions with the Togolese authorities on a program supported by the IMF’s ECF arrangement. After the visit, Ms Sancak noted that, “The IMF