FarmCrowdy, Livestock247 Partner to Boost Trading

By Adedapo Adesanya Oil prices moderated in choppy trade on Monday as Russia relaxed its fuel ban amid a widening demand worry. Brent crude futures lost 2 cents during the session to trade at $93.29 per barrel, and the US West Texas Intermediate (WTI) crude depreciated by 35 cents to close at $89.68 per barrel. Last week, prices were down after a hawkish Federal Reserve rattled global financial markets and raised concerns that interest rates could stay higher for longer affecting oil demand. This snapped a three-week rally of more than 10 per cent after Saudi Arabia and Russia constrained

Forex trading is an exciting and money-making venture, whether you do it as a hobby or a full-time job. In this article, Traders Union (TU) experts will talk about becoming a full-time trader and its advantages and disadvantages. They will also explain how much you can earn. Main steps to become a full-time trader So how to become a full-time trader? There are different options. TU’s analysts will explain each one: Forex prop company Pros: Access to funding: you can get funding from the company to increase your capital. Zero risk: your risk is low because the company provides the

By Adedapo Adesanya A foreign oil company, Equinor ASA, has chosen a little-known Nigerian company, Chappal Energy, as the preferred buyer of its stake in one of the country’s largest deep-water oil fields, Agbami. According to a report by Bloomberg on Monday, the Norwegian energy giant is trying to sell its 20.2 per cent interest in the Agbami field – joining other international producers such as Shell Plc, Exxon Mobil Corporation and Eni SpA in looking to offload assets in Africa’s biggest crude producer, Nigeria. In January, Equinor launched the sale of its stake in an offshore Nigerian oilfield, joining

By Adedapo Adesanya The new leadership of the Central Bank of Nigeria (CBN) signalled no confidence to traders and investors as the Naira was further dealt a heavy blow at the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) arms of the foreign exchange (FX) market on Monday, September 25, though it maintained stability against the United States Dollar in the parallel market. In the official market, the Naira lost 3.41 per cent or N25.49 against the greenback to finish at N773.25/$1 compared with last Friday’s closing rate of N747.76/$1, as the value of forex transactions went down by 58.3

By Dipo Olowookere The appointment of Mr Emmanuel Egerton-Shyngle into the position of Commercial Director at Guinness Nigeria has been announced. The company, which made this known in a statement issued Friday, disclosed that Mr Egerton-Shyngle’s appointment takes effect from November 1, 2016. Guinness Nigeria produces premium alcoholic and non- alcoholic beverages such as Guinness Foreign Extra Stout and Orijin. Mr Egerton-Shyngle, as disclosed in the statement, will take over from Paul Costigan who will be moving into other roles within Diageo. Speaking on the development, Managing Director/CEO of Guinness Nigeria Plc, Mr Peter Ndegwa said, “I am really excited

By Aduragbemi Omiyale A digital freight matching platform that allows cargo owners and other registered users to have access to idle but closely available trucks to fulfil their various business needs has been launched by a Nigerian technology company, Trucks Transit Parks (TTP) Limited. The new digital product called Tafiyah, according to TTP, was designed to serve as an electronic marketplace for truck and cargo owners to conduct their businesses seamlessly. The Tafiyah app will accelerate the evacuation of cargoes from various locations around Nigeria, including warehouses, markets, product aggregation points, inland container depots, airports and seaports. The mobile application

By Modupe Gbadeyanka The Oyo State government has collaborated with Google to train 30,000 secondary school students on Digital Education across the 33 Local Government Areas and the 35 Local Development Council Areas (LCDAs) of the state. Commissioner for Information, Culture and Tourism, Mr Toye Arulogun, said on Wednesday that the initiative was in line with the OYSG Digital Advocacy Drive and consequently reiterated the vision of Governor Abiola Ajimobi to make Information and Communication Technology (ICT) the bedrock of learning. He stressed that the pilot sessions of the programme commenced on Thursday, February 16, 2017 at St. Patrick Grammar

By Aduragbemi Omiyale Commercial papers worth N100 billion are being offered for sale to high-net-worth and institutional investors by MTN Nigeria Communications Plc. The exercise is an offshoot of the N200 billion CP programme of the telecommunications leader in Africa and it is the third and fourth series. Subscription for the CP sale commenced on Thursday and would conclude next week, precisely on Wednesday, March 17, 2021, with the settlement date fixed for Friday, March 19, 2021. A notice obtained by Business Post indicated that the series III is with 180 days maturity at a coupon rate of 4.65 per

By Adedapo Adesanya The federal government has reiterated its commitment to bring women into the digital sector, which has reduced $1 trillion from the Gross Domestic Product (GDP) of low- and middle-income countries. The Minister of Women Affairs, Ms Pauline Tallen, made this disclosure ahead of an event in commemoration of the 2023 International Women’s Day (IWD). The event, which will be marked on Wednesday, March 8, is themed DigitALL: Innovation and technology for gender equality. According to her, bringing women and other marginalised groups into technology has greater potential for innovations that meet women’s needs and promote gender equality.

By Adedapo Adesanya The National Pension Commission (PenCom) says it is working with the Nigeria Mortgage Refinance Company (NMRC) on the implementation of a section of the Pension Reform Act (PRA) in order to push for home ownership for workers in the country ahead of retirement. This was made known by the Head, Research & Strategy Management Department of PenCom, Mr Umaru Farouk, during the webinar on Housing Finance Ecosystem: Matching the Demand and Supply and the Intervention, hosted by the Housing Development Advocacy Network (HDAN) in Abuja. He said the implementation of this section of PRA will allow contributors

By Modupe Gbadeyanka The National Agency for Food and Drug Administration and Control (NAFDAC) said its investigation has found out that the Fan Milk ‘Fan Yogo Gin and Ginger’ containing 12.5 percent alcohol is not in circulation in the country. There had been images of the said product on social media, which made the regulatory agency to swing into action. In a statement released on Thursday, the agency said the drink is not registered and its sale in the country would not be approved. NAFDAC said its team of investigators inspected the facility of Fan Milk Plc and confirmed that

By Dipo Olowookere What type of trip do you crave? Would you take a local trip across Nigeria, experience the beach by boat, climb Olumo rock, splash around in one of Nigeria’s beautiful waterfalls, or simply spend the day being pampered or at an event with friends? Or perhaps plan your dream holiday around the world; glacier walking in Iceland, running with the herd in the Serengeti, tasting tea in China or much, much, more? Nigeria and indeed Africa’s first Social Travel App, TrekBuyFlyTM satisfies all your travel, rip and group hangout wishes with one click. A simple swipe across