NSE: Stock Market Sinks Further with N48.4b Loss

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 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

In the fast-paced world of Forex trading, having the right tools is crucial. Traders Union (TU) experts are here to guide you through Forex trading in 2023, focusing on the MetaTrader 5 (MT5) platform. They will discuss the top MT5 indicators, and different indicator types, and compare MT5 Forex Brokers. Additionally, they will explore the pros and cons of the MT5 platform. With this information, you will be well-prepared to excel in Forex trading. Meaning of Forex indicators Forex trading is complex, and success depends on many factors, with Forex indicators being a key one. TU’s analysts emphasized the importance

By Adedapo Adesanya A 0.54 per cent growth was recorded by the NASD Over-the-Counter (OTC) Securities Exchange on Monday, September 25, after the duo of FrieslandCampina WAMCO Nigeria Plc and Central Securities Clearing System (CSCS) Plc witnessed improvements in the share prices. The milk producer gained N1.39 during the session to end at N73.59 per unit compared with last Friday’s value of N72.20 per unit, while the Nigerian depository company grew by 70 Kobo to sell at N18.20 per share versus N17.50 per share. At the close of transactions, the total value of the unlisted securities market jumped by N6.21

By Dipo Olowookere Keystone Bank Limited has denied having in its custody any illegally hidden money belonging to the Federal Government of Nigeria or any of its agencies. The lender made this clarification following an allegation made against the bank by a controversial lawmaker from Kogi State. Senator Dino Melaye, representing Kogi West Senatorial district at the National Assembly, had accused Keystone Bank of colluding with the Nigeria National Petroleum Corporation (NNPC) to conceal about $137 million and thereafter illegally withdrew $4 million. But Keystone Bank, in a statement issued on Tuesday by its General Counsel & Company Secretary, Dr

By Ebitonye Akpodigha Former spokesman to the immediate past President Goodluck Jonathan, Mr Reuben Abati, has been apprehended by the Economic and Financial Crimes Commission (EFCC). Mr Abati, a journalist, was arrested by the anti-graft agency on Monday. He is being questioned over his alleged role in the embezzlement of over $2.1 billion meant for the purchase of arms to fight terrorism in the north eastern part of Nigeria by the last administration. Mr Abati was accused of receiving part of the said money from former National Security Adviser (NSA), Mr Sambo Dasuki, who is now being tried by the

By FBNQuest If you are looking to invest some money that you intend to use in the not-so-distant future, then you face the challenge of the delicate balance between making a decent return on your investment and ensuring that you can get all of it back when you need it. In seeking a place to invest or save your cash for the short term, your priority should be for you to get your money back at a particular time. This is crucial because you often need to have the money in a specific time to meet obligations such as a

By Adedapo Adesanya President Muhammadu Buhari has approved the immediate payment of withheld February and March 2020 salaries of lecturers in federal universities. Business Post had earlier reported that the federal government was holding salaries of the university dons for failure to registered for the Integrated Payroll and Personnel Information (IPPIS) platform. This had led to a back and forth between the Association of the Staff Union of Universities (ASUU) and federal government. Now, the federal government is making a U-Turn from its earlier decision, directing that the withheld funds be released to the beneficiaries, according to the Minister of

By Dipo Olowookere On Sunday, August 27, 2017, sponsor of The Voice Nigeria, The Voice Nigeria, in partnership with DStv, hosted a star-studded executive screening of the first Live Show in Lagos after the successful session of the battle rounds. The live screening, which was anchored by Ozzy Agu, had in attendance season one finalists: Patrick, Cornel, Viveeyan, Chike and Bassey who performed the popular ‘Till the World Hears Your Voice’; bringing back the memory of the first edition. The night also saw comedic acts from Funny Bone and Akpororo. The live show kicked off with an electrifying performance by

By Modupe Gbadeyanka Ekiti State Governor, Mr Ayodele Fayose, on Sunday afternoon, visited a former Governor of the state, Mr Segun Oni. During the visit, the Governor reportedly had lunch at his host’s residence in Ifaki-Ekiti. After the visit, both politicians came out and appeared very excited being together. Mr Fayose described his host as a brother and friend, noting that he was not at loggerheads with him as some would have imagined. Both of them belong to opposing political parties. While Mr Fayose is of the Peoples Democratic Party (PDP), Mr Oni is with the ruling All Progressives Congress

Cross-border securities transactions across African capital markets have received a significant boost as Nigerian Exchange Limited (NGX) and Pan African Payments Settlement System (PAPSS) signed a Memorandum of Understanding (MOU) to integrate cross-border securities payments system in the capital markets. The MoU, signed in a virtual ceremony on Tuesday, February 28, saw attendance from notable individuals, including the President of Afreximbank, Professor Benedict Oramah; the Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda; and Chairman of NGX, Mr Abubakar Mahmoud, among others. The CEO of NGX, Mr Temi Popoola, while giving his remarks, said that integrating PAPSS