First 2018 FGN Bond Auction Records 136% Subscription

Forex trading in Malaysia has been legal and regulated by the central bank, Bank Negara Malaysia (BNM), since 2012. While Malaysia’s growing economy attracts financial companies, traders need to beware of scammers who target beginners seeking quick profits. Traders Union (TU) experts provide a Forex scammer list for Malaysia and discuss types of Forex scams. Blacklist of Forex scam brokers in Malaysia BNM, the country’s financial regulator, maintains a list of nearly 400 companies involved in Forex trading scams in Malaysia. These companies are regularly updated as they engage in fraudulent activities, such as using manipulated software, blocking withdrawals, and

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange improved by 0.12 per cent on Wednesday, September 20, with the unlisted securities index expanding by 1.00 points to end the day at 806.29 points as against the 805.29 points it recorded at the previous session. During the trading day, the market capitalisation of the alternative stock exchange increased by N1.42 billion to close at N1.139 trillion compared with Tuesday’s closing value of N1.138 trillion. It was observed that the bulls overcame the bears on Wednesday, with the bourse closing with three price gainers and two price losers. Aradel Holdings Plc

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has postponed the Monetary Policy Committee (MPC) meeting scheduled to hold next week. In a statement, the apex bank noted that the MPC meeting, which was supposed to take place on Monday, September 25 and Tuesday, September 26, 2023, has been postponed until further notice. This is coming less than a week after President Bola Tinubu nominated Mr Olayemi Michael Cardoso to take over the role from Mr Folashodun Shonubi, who is filling the role following the ousting of Mr Godwin Emefiele, who is currently held in the custody of the

By Modupe Gbadeyanka A former Minister of Finance, Mrs Kemi Adeosun, has received a favourable judgement at a court sitting in Abuja, the capital of Nigeria. Recall that in 2018, Mrs Adeosun resigned as a federal minister following controversies over the National Youth Service Corps (NYSC) certificate she presented to the National Assembly when she was to be screened for the job. It was alleged that the document she submitted was forged. She had also used the same item to hold a political position in Ogun State, where she served as the Commissioner for Finance under the administration of former

By Dipo Olowookere In the discharge of his mandate as the Economic Community of West African States (ECOWAS) mediator for The Gambia, President Muhammadu Buhari has activated the process for the execution of his task. One of the outcomes of the just-concluded ECOWAS Summit held on December 17, 2016 in Abuja was the decision to designate President Muhammadu Buhari as the Mediator for The Gambia with Mr John Mahama, the out- going President of Ghana as Co-Mediator. The Summit also gave the terms of reference to include ensuring the safety of the President-Elect, Mr Adama Barrow, the political leaders and

By Dipo Olowookere On Friday, November 16, 2018 the Lagos Chamber of Commerce and Industry (LCCI) will hold a roundtable on Nigeria’s debt sustainability. The Nigerian Debt Profile has been generating some concerns in recent time. In this connection, the Lagos Chamber of Commerce and Industry is putting together the forum to discuss the issue. On that day, experts, resource persons and analysts will gather at 1, Idowu Taylor Street, Victoria Island, Lagos from 9.00am – 2.00pm to dissect the issue. A statement issued by LCCI explained that the forum provides opportunity for stakeholders to deliberate on Nigeria’s Debt Issues

By Kestér Kenn Klomegâh The Republic of Côte d’Ivoire has abandoned its import substitution policy and other economic measures, including the budgetary allocation for modernizing local agriculture and support for boosting domestic agricultural production. It, however, boasts around 64.8 per cent of arable and agricultural land, which largely remains uncultivated. Arguably, Côte d’Ivoire, located on the Gulf of Guinea (Atlantic Ocean), could support its fishing industry by spending adequate funds on acquiring simple fishing equipment for local people and even start its own large-scale fish ponds but instead plans to increase fish imports into the country. It was gathered that

By Modupe Gbadeyanka Those who have seen the impressive Enabling Success short film by Union Bank might not be surprised to learn it emerged the “most viewed Nigerian Ad’ in a recent review by advert critic, LivewithLynda. The TV commercial hit 3 million views on YouTube a few days ago, less than 5 months after its 2018 Independence Day release. By crossing the 3 million viewership mark, the commercial now stands as the most watched Nigerian advert on Youtube. It’s interesting to note that these figures do not include the millions of views it has also gathered across different social

By Dipo Olowookere Africa’s leading telecom company, MTN Group, has granted access to third-parties to its Mobile Money Access Programming Interface (API) in Uganda. With this, developers can now access, create products that ease payment options and leverage the 10M of MTN clients registered on Mobile Money. An Open API platform enables developers and programmers to get free access to MTN mobile money proprietary software platform. MTN Mobile Money is the most widely used mobile money platform in Uganda. General Manager of Mobile Financial Services at MTN Uganda, Ms Elsa Muzzolini, stated that, “This is an exciting development for the

By Ahmed Rahma Google’s Nest unit is expanding into health technology with a feature that tracks sleep patterns, offering a potential new revenue stream but also raising privacy concerns. The company unveiled the second-generation model of its Nest Hub smart display in a blog post on Tuesday, and this time it comes with a function called Sleep Sensing that monitors the breathing and movement of a person sleeping next to the screen without a camera or needing to wear a device in bed. The system also detects disturbances such as coughing and snoring, along with light and temperature changes using

By Ahmed Rahma No fewer than 2.3 million persons living in Nigeria have registered for COVID-19 vaccination in less than 24 hours, the National Primary Health Care Development Agency (NPHCDA) has disclosed. On Tuesday, Nigeria received nearly 4 million doses of the Oxford/AstraZeneca COVID-19 jabs to be given to less than 2 million people in two doses each. Before the arrival of the vaccines, there were insinuations in some quarters that the jabs were meant to achieve other ulterior motives, with people discouraged from being vaccinated. But on Wednesday, NPHCDA dispelled fears that people may not want to be vaccinated