Demand And Supply Zone Trading: A Comprehensive Overview From Experts

By Bliss Okperan, Adedapo Adesanya  The cost of cooking a pot of jollof rice, one of the most consumed foods daily in Nigeria, has surged by 37.4 per cent, according to research carried out by Business Post. Using market data and the most recent food price watch by the National Bureau of Statistics (NBS), major food items in making the delicacy, including rice, groundnut oil, tomatoes, and onions, among others have recorded a massive increase within the past year, making it hard for the average Nigerian to survive. According to NBS, 1 kilogram of Rice cost N757.06 in 2023 as

By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has admitted that the country recorded a revenue drop of $1.4 billion between 2015 and 2019 after imposing foreign exchange (FX) restrictions for import of 43 items over eight years. The apex bank governor made this known on Friday while delivering his keynote address at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos. The apex bank head, during the preparation of his monetary policy thrust, cited available data saying, “Studies have shown that during the period when the

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded yet another positive week-on-week performance after stretching its gains by 1.44 per cent in Week 47. This expanded the portfolios of NASD investors by N17 billion in the week to N1.162 trillion from the N1.145 trillion recorded in Week 46, as the NASD Unlisted Security Index (NSI) increased by 12.16 points to 857.29 points from 845.13 points in the previous week. The trading week was with three price gainers and three losers, with Aradel Holdings Plc on top of the advancers’ chart after it grew by 10 per cent to finish

By Jerome-Mario Chijioke Utomi It is a pedestrian knowledge that the Delta State University, Abraka, Delta State, on Saturday, April 29, 3023, held its 15th convocation that produced 58 first-class graduands with Obuseh Emmanuel Ewere of Electrical/Electronic Engineering emerging the Overall Best Graduating Student with a C.G.P.A of 4.91. What is, however, newsy is that the week-long event, which was held with varying activities, has, more than anything else, revealed two separate but similar developments within the institution. First, the convocation ceremony provided guests made up of parents, media professionals, development professionals and critical stakeholders the opportunity to come in

By Dipo Olowookere Federal Government has said it was putting plans in place to ensure to avoid future accumulation of pension arrears. This information was made known by the Minister of Finance, Mrs Kemi Adeosun, on Wednesday in a statement issued by the Director of Information in the Ministry of Finance, Mr Salisu Dambatta. This was after the FG released the sum of N54 billion for the payment of pension arrears from 2013 till March 2017. “Despite conflicting demands for available cash, President Muhammadu Buhari has always expressed concern about the plight of workers and pensioners. “Consistent with this, we

By Aduragbemi Omiyale The ongoing Nigerian Idol Season 8 will take a new twist this weekend as 10 contestants will begin the race to clinch the coveted prize with the help of the voting public. Before now, the judges for the show, Simi, Obi Asika, and D’Banj, have had the final say on the thousands of budding singers that applied for the programme. But from this weekend, it would be the turn of the viewers to seal the fate of the contestants. The three judges picked 10 contestants from the 29 that made it to the final stage of Theatre

After Darkness Comes the Glorious Dawn My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. I am not going to talk in difficult terms by dwelling on economic jargon and concepts. I will speak in plain, clear language so that you know where I stand. More importantly, so that you see and hopefully will share my vision regarding the journey to a better, more productive economy for our beloved country. For

By Dipo Olowookere About 50,000 jobs have been created in the country following the signing of a Memorandum of Understanding (MoU) on the supply of phosphate between the Nigerian and the Moroccan government. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Kacalla Baru disclosed this on Thursday while receiving the National Coordinator of The New Partnership for African Development (NEPAD-Nigeria), Princess Gloria Akobundu, at the NNPC Towers. Dr Baru who noted that the MoU between the two countries was for the supply of phosphate to rejuvenate agriculture by making fertilizer available and affordable, confirmed that the

The enterprise is entering a new “post-digital” era, where success will be based on an organization’s ability to master a set of new technologies that can deliver personalized realities and experiences for customers, employees and business partners, according to Accenture Technology Vision 2019, the annual report from Accenture (NYSE: ACN) that predicts key technology trends that will redefine businesses over the next three years. According to this year’s report, “The Post-Digital Era is Upon Us — Are You Ready for What’s Next?,” the enterprise is at a turning point. Digital technologies enable companies to understand their customers with a new

By Dipo Olowookere On the Nigerian Stock Exchange (NSE) last week, Champion Breweries emerged as the best-performing equity, rising by 45.24 per cent to settle at N2.44 per share. The brewery company led the 35 appreciating equities on the exchange during the week. In the preceding week, there were only 14 price risers. Another performer was Regency Assurance, which gained 22.22 per cent to trade at 33 kobo per share, Smart Products Nigeria grew its value by 20.00 per cent to 24 kobo per share, Morison Industries appreciated by 19.70 per cent to 79 kobo per share, while Neimeth gained

Heritage Bank Plc has been applauded by the African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on the world’s stage. The 2019 African Freestyle Football Championship ended on a high note, with defending champion Abdul Titi Kone of Cote d’Ivoire emerging as the African Champion once again. This event marked the 2nd edition of the African Championship and the 3rd annual edition of the Nigerian Championship hosted by Feet ‘n’ Tricks International Limited. The final was a repeat of the