NGX Group Flies NASD Bourse into Bullish Zone by 0.12%

By Adedapo Adesanya The cryptocurrency market witnessed an uptick on Wednesday, with Bitcoin (BTC) managing to stay above the $26,000 level even as the US Dollar index rose to a new year-to-date high. Data obtained by Business Post showed that the most valued crypto, BTC, posted a 0.7 per cent appreciation during the midweek session to trade at $26,408.37 in the last 24 hours. On the part of the second-most valued digital coin, Ethereum (ETH), it remained in the $1,600 mark and it improved its value yesterday by 1.6 per cent to sell at $1,610.94. At the trading session, the US

By Dipo Olowookere No fewer than 15 Nigerian Small and Medium-sized Businesses (SMBs) will share the N75 million set aside by a tech giant, Google, in the 2023 edition of Hustle Academy Fund. The initiative was introduced in 2022 to provide equity-free funds to small business owners to scale up their operations and support entrepreneurial growth in Nigeria. Entries for the exercise opened on Thursday, September 28 and will close on Thursday, October 12, 2023, and to be eligible, businesses must be Nigerian-founded, operating within Nigeria for 1-5 years, and have a clear and scalable business plan. They should have

In 2023, there are over 500 binary options brokers worldwide, each with its unique offerings and trading platforms. Many people, especially beginners, wonder how to choose the best one. Traders Union (TU) experts have conducted a thorough analysis to help traders make the right choice, excluding unreliable brokers. The result is the Top 5 Best Binary Brokers for 2023, all licensed, offering a wide range of trading options, and ensuring favorable conditions for traders. This list aims to save time and protect traders from potential scams. Top binary options platforms Traders Union analysts regularly update the binary options trading platform

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

By Investors Hub European stocks have given up early gains to turn mostly lower on Tuesday as investors gear up for the US earnings season and looked ahead to testimony from Fed chair Janet Yellen this week for clues on the timing of the next U.S. rate hike. While the German DAX Index is up by 0.2 percent, the French CAC 40 Index is down by 0.3 percent and the U.K.’s FTSE 100 Index is down by 0.8 percent. Adecco shares have come under pressure after analysts at Deutsche Bank cut their rating on the Swiss staffing firm. Pearson shares

By Modupe Gbadeyanka Pan-African financial institution, United Bank for Africa (UBA) Plc, has announced that it would conduct a service maintenance in the wee hours of Sunday, May 5, 2019. The exercise, according to a notice sent to the bank’s customers on Saturday, May 04, 2019, will last one and half hours. Business Post gathered that the service maintenance is mainly “an infrastructure upgrade” aimed to enable the lender serve its customers better and seamlessly. As a result of this exercise, some services rendered by the bank will be impacted during this maintenance period. However, few of them like its

By Modupe Gbadeyanka The United States Embassy in Addis Ababa, Ethiopia, has announced commencing registration for the 2019 Diversity Visa (DV) Program. A statement from the embassy disclosed that registration for the exercise, which Ethiopian citizens are among those eligible to participate, will open at 7pm local time (GMT +3) on Tuesday, October 3, 2017 and will close at 7pm local time (GMT +3) on Tuesday, November 7, 2017. Each year, the United States administers the Diversity Visa Immigrant Program from countries with historically low rates of immigration to the United States. For the 2019 program, 50,000 DVs will be

By Adedapo Adesanya Africa’s most valued startup, Flutterwave, has announced it is entering the Indian market after it signed a partnership with IndusInd Bank Limited, a leading financial institution in India, on the sidelines of the G20 summit in the South Asian country. According to the co-founder and CEO of the company, Mr Olugbenga Agboola, the agreement will enable Flutterwave, worth about $3 billion, to expand its remittance product into the country banking on IndusInd Bank’s 35 million customers across the country, including individuals, large corporations, and various government entities. “The Indian expansion for Flutterwave will be the first African

Back in the day, billionaire Warren Buffett said that cryptocurrencies were ‘rat poison’ because he saw that the asset had ‘no unique value at all’. He has turned around from this opinion because he has dumped his stocks in VISA and Mastercard and he invested $1 billion in Nubank which is a crypto-friendly bank. This is a huge U-turn for Buffett because he is known as one of the biggest critics of the crypto market. Now that he has made some business moves to that point, you can expect that he will continue to invest in crypto-related projects soon. This

By Dipo Olowookere Amidst reactions to the recent attack on a military base in Metele, Borno State, by the Boko Haram insurgents, which led to the death of unspecified number of Nigerian soldiers, a group known as Coalition of Civil Society Groups against Terrorism in Nigeria has condemned the attack on the military base by the insurgents. In a statement issued by the group, it also called for caution, especially from politicians who are already exploiting the unfortunate incident, to score political points. In the statement issued in Lagos on Saturday and jointly signed by its Convener and Registrar, Comrade

By Ashemiriogwa Emmanuel Digital commodities trading platform, ComX, is set to hold a webinar to squarely discuss the concept of alternative investments and the inclusion of youths and women across the country in such investment opportunities. The program, which is themed Alternative Investments: Driving Youth and Women Inclusion, is scheduled to hold on Thursday, September 30, 2021, by 3:30 pm prompt. The virtual event, which requires registration here, will focus on the participation of women and youths in trading agricultural assets and other alternative investment opportunities on the ComX platform. Launched by the leading commodities market player in Nigeria, AFEX,

By Modupe Gbadeyanka Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Baru, has disclosed that as part of strategies to shore up the nation’s reserve base, the state-owned firm will reinvigorate exploratory activities in the seven hydrocarbon basins in the country. Speaking on Thursday when he received Governor Ibrahim Geidam of Yobe State at the NNPC Towers in Abuja, Mr Baru said, “We are on target and we are looking at the prospect of the whole basins of Niger Delta, Chad, Anambra, Benue Trough, Benin, Sokoto and Bida. We are focused on delivering on these basins