How to Invest in US Stocks in South Africa: A Comprehensive Guide From TU Experts

By Aduragbemi Omiyale The Vice President, Mr Kashim Shettima, has said Nigeria is in dire need of foreign direct investment (FDI) more than ever before, tasking domestic and foreign investors to make Nigeria their investment hub because efforts are being made to formulate business-friendly policies. Mr Shettima, while speaking when he hosted the management of First Surat Group, as well as top management of MTN Nigeria at the presidential villa in Abuja, charged MTN Nigeria to facilitate and spearhead digital mobile money and digital education. He assured that President Bola Tinubu was willing to partner with various stakeholders in the

By Adedapo Adesanya The new Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said he would adopt an evidence-based monetary policy as he assumed office upon confirmation by the Nigerian Senate on Tuesday. He said the new leadership of CBN would “adopt an evidence-based monetary policy and shall not be making decisions based on a whim.” The Godswill Akpabio-led Senate confirmed the nomination of Mr Cardoso’s nomination as well as that of the four Deputy Governors of CBN nominated by President Bola Tinubu. The four deputy governors whose appointments were confirmed by the Senate are Mrs

By Dipo Olowookere The domestic currency had a breather in the peer-to-peer (P2P) and the parallel market segments of the foreign exchange (FX) market on Wednesday, with its value strengthening against the Dollar at the two windows. This was supported by the ease in the forex demand pressure during the trading session, which had the official market, the Investors and Exporters (I&E) arm of the market, non-operational yesterday due to the public holiday observed in the country for Eid el Maulud. Many customers who may have needed FX for their transactions stayed back to enjoy the work-free day, easing off

By Aduragbemi Omiyale A new Code of Conduct for Approved Persons of Trading License Holders, otherwise known as stockbrokers, has been introduced by the Nigerian Exchange (NGX) Regulation Limited (NGX RegCo). It was disclosed that the ethical guideline was designed to ensure professionals dealing with the trading of shares at NGX Limited follow high standards. Furthermore, it highlights the expected standards and values that Approved Persons must display at all times when conducting their businesses at all times. The idea of the code of conduct for stockbrokers, according to the regulator, is to deepen the market and foster professionalism, integrity,

By Adeniyi Ogunfowoke Entrepreneurs are very busy. They are always on the go and will no doubt welcome and appreciate creative ways to save time. Not to worry, technology is the perfect tool to save time. So, instead of wasting time on a particular task, you can use these timesaving methods with technology shared by Jumia Travel to help you save time. E-mail/Instant Messaging Communicating with clients has been made easy as you can use either emails or instant messaging services like WhatsApp or BBM. Use email for formal communication with not very familiar clients while instant messaging can be

By Modupe Gbadeyanka The National Identity Management Commission (NIMC) has highlighted some benefits of the National identification Number (NIM), urging Nigerians to register to obtain the number. In a post yesterday, the agency said obtaining the NIM come with different profits, including being able to easily get the international passport, driver’s licence, amongst other. NIMC said the National Identification Number is a unique, biometrically linked 11 digit number assigned to an individual upon successful enrolment. It said the NIN is also a valid means of identification which can be verified on its verification portal. Commenting on why the National Identification

From the highly anticipated Level Up Big Brother Season 7 reunion to the love-seeking adventure of What Will People Say? and electrifying Nigerian Idol performances, here’s a recap of some of our favourite television programmes that aired over the weekend and during the course of the week on GOtv: Big Brother Naija Reunion The Level Up reunion of Big Brother Season 7 commenced on Monday, June 19th. The reunion began with a recap of the housemates’ trip to South Africa earlier this year, sponsored by MultiChoice and Pepsi Nigeria. During the trip, the housemates enjoyed activities such as wine tasting,

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned from the Eid el-Fitr holidays with a 1.78 per cent growth on Friday. The closing of the unlisted securities market in the positive territory was boosted by the upward movement in the prices of four securities admitted on the NASD Exchange. The four companies which spurred the growth were Central Securities Clearing Systems (CSCS) Plc, FrieslandCampina WAMCO Nigeria Plc, Nipco Plc and Niger Delta Exploration and Production (NDEP) Plc. CSCS Plc gained N1.51 or 8.6 per cent during the session to close at N17.65 per unit as against N16.14 per

By Dipo Olowookere One of the reasons policyholders love to do business with African Alliance Insurance Plc is because the company is reputed for paying claims promptly. In the first 40 days of the 2021 business year, the underwriting firm has already paid claims in excess of N967 million. A breakdown of the payments, according to a statement issued by the Brand, Media and Communications Manager of African Alliance, Mr Bankole Banjo, about N148.2 million was paid to 155 individual life customers, N307.5 million to 141 group life claimants, N124.1 million to 168 Takaful claimants, while N387.3 million was given

By Adedapo Adesanya The United Nations has issued an alert over the deteriorating situation for millions of mainly women and children in northeast Nigeria who continue to be affected by protracted armed conflict, just as the country enters the lean season. The body said that well over 8 million people are in need of assistance in Borno, Adamawa and Yobe (BAY) States and an estimated 600,000 face emergency levels of food insecurity because of extremist violence centred around the Lake Chad region, that’s now in its 12th year. The UN’s top relief official to Nigeria, Mr Matthias Schmale revealed that

By Dipo Olowookere A member of the Nigeria Union of Teachers (NUT), Mr Oladimeji Raji, has been appointed to the board of the Oyo State Universal Basic Education Board. Mr Raji, the current Treasurer of the NUT, is an experienced educationist as he has served in the Oyo State teaching service for 30 years. He has also served at Progressive Day School II, Aladorin, Ibadan, the state capital. His appointment to the board, according to a statement from Oyo SUBEB, was approved by the Oyo State Government. The Executive Chairman of the agency, Dr Nureni Adeniran, speaking when he hosted

A sound and competent banking sector is essential for a stable macroeconomic environment; therefore, the importance of commercial banks in a country cannot be overemphasized. This is because they occupy key positions in a country’s financial system and are essential agents that would lead to the growth of any economy. They also provide the bulk of money supply as well as the primary means of facilitating the flow of credit and so it is submitted that the economic well-being of a nation is a function of advancement and development of her banking industry. As a result, the banking sector in