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Economy

The Best Strategies for Crypto Poker

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crypto poker

Poker is not only an incredibly popular game these days but it can also be quite difficult to get into. Sure it’s gambling but it’s based more on skill than on luck and getting those wins when you’ve just begun playing is certainly not easy. It’s of course expected to lose more games than you win when you’re just starting out but considering that you’re playing with money it’s still best to try and win. That’s why we’ll be covering some of the best strategies for winning in crypto poker. Of course these strategies will work pretty similarly both on bitcoin poker sites and in casinos so even if you go to play poker in person they should still be useful to you.

Play only the strongest hands

While it may be obvious not to play awful hands, a lot of players tend to play their hand even if it’s of middling strength. Generally, you’ll see the most success if you play only a small percentage of hands and of course only the strongest ones. This limits your losses and if you’re playing a poker type that has penalties for too many played hands then it allows you to avoid those repercussions.

The exact place where you should draw the line between playing the hand and folding is up for debate and depends on a lot of factors, but where the line is drawn isn’t nearly as important as just drawing it and playing with only very good hands. If you watch high-tier poker players you’ll notice that unless they’re going for some specific strategy they’ll generally fold if they don’t have a hand that statistically has a high win chance.

Know when to bluff

This isn’t exactly a strategy but it’s necessary for many actual strategies to be viable at a decent level of play. It’s important to understand that bluffing with nothing is a horrible idea most of the time and that bad bluffs can certainly lose you games. That’s why knowing what hands are good for bluffs and which aren’t is so important.

Being able to quickly make the choice of whether bluffing is worth it or not is invaluable for more complex strategies, so if you wish to dive deeper into poker and learn such things then you’ll definitely need to start with learning when to bluff and when to simply fold with a mediocre hand. Believe us, you’ll thank yourself for it down the line.

Skip bluffing altogether

If you’re bad at bluffing or simply don’t know when to do it then there’s a perfectly viable strategy for you, just don’t do it, ever. Playing poker without bluffing is a surprisingly effective strategy and we recommend that everyone tries it at least once because it can be a nice change of pace if you’re used to bluffing often.

It is a low-risk strategy that can often lead to people trying to call your bluffs when there is none and getting burned because of it. Oftentimes people think that because you haven’t bluffed the last 5 times that you may do it the 6th so this strategy can be a passive trap to catch people who are used to the usual way that people play poker. It’s a strategy that newer players can utilize to great effect simply by not trying bluffing which is what you should do anyway if you don’t fully understand it yet.

Always look at the odds

This is something that may take a while to get used to but it’s important to look at the odds of certain things happening. For example, if you need a specific card to complete a powerful hand and they make up about a quarter of the remaining cards then you have about a one in four chance of getting it which may be worth the risk depending on the situation.

Understanding some of these things and the probability that makes up poker is incredibly important, and while it may not be easy to learn it’s something that you will be using for as long as you keep playing. It will never be useless knowledge to you so it’s definitely worth trying to figure out and making use of it if you intend to play the game for an extended period of time.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Economy

NASD Bourse Edges Up 0.23% as NSI Nears 3,970 Points

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NASD OTC Bourse

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange further appreciated by 0.23 per cent on Thursday, April 23, with the Unlisted Security Index (NSI) adding 8.99 points to close at 3,969.96 points against the previous day’s 3,968 points.

The rise in the share price of Central Securities Clearing System (CSCS) Plc by N2.86 to N69.34 per unit from N66.48 per unit raised the market capitalisation of the NASD bourse by N5.38 billion to N2.380 trillion from N2.375 trillion.

Yesterday, there were two price losers, led by Food Concepts Plc, which lost 29 Kobo to sell at N2.65 per share versus N2.94 per share, while UBN Property Plc dipped by 22 Kobo to N2.03 per unit from N2.25 per unit.

During the session, the volume of securities traded declined by 97.9 per cent to 451,522 units from 21.5 million units on Wednesday, the value of securities depreciated by 52.32 per cent to N23.6 million from N49.5 million, and the number of deals depreciated by 3.6 per cent to 27 deals from 28 deals.

At the close of business, Great Nigeria Insurance (GNI) Plc remained the most active stock by value on a year-to-date basis with 3.4 billion units valued at N8.4 billion, followed by CSCS Plc with 59.5 million units exchanged for N4.0 billion, and Okitipupa Plc with 27.8 million units traded for N1.9 billion.

GNI Plc also closed the day as the most traded stock by volume on a year-to-date basis with 3.4 billion units worth N8.4 billion, trailed by Resourcery Plc with 1.1 billion units transacted for N415.7 million, and Infrastructure Guarantee Credit Plc with 400 million units sold for N1.2 billion.

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Economy

Naira Weakens to N1,353/$ at Official Market

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Naira appreciates

By Adedapo Adesanya

Fresh foreign exchange (forex) demand pressure saw the Naira depreciate against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, April 22, by N5.46 or 0.4 per cent to trade at N1,353.91/$1 compared with the preceding day’s value of N1,348.45/$1.

It was the same outcome for the local currency in the official market after it depreciated against the Pound Sterling by N4.13 to close at N1,825.88/£1, in contrast to the preceding session’s N1,821.75/£1, and against the Euro, it dropped 72 Kobo to finish at N1,582.72/€1 versus N1,582.00/€1.

But the Nigerian Naira appreciated against the US Dollar at the GTBank FX desk by N2 during the session to quote at N1,361/$1 compared with Wednesday’s closing price of N1,361/$1, and at the parallel market, it closed flat at N1,375/$1.

FX Pressure came as data showed that NFEM interbank turnover was N28.117 million, lower than the N66.084 million recorded the previous day.

Concerns over liquidity pressures, policy transparency, and confidence in Nigeria’s FX market continue to grip the market while the country’s foreign reserve declines further, even as the Central Bank of Nigeria (CBN) recently said that the recent decline in Nigeria’s external reserves should not be a cause for concern.

Global developments also played a significant role, as rising geopolitical tensions boosted demand for the US Dollar, further weakening emerging market currencies, including the Naira.

As for the cryptocurrency market, there was a mixed outcome as traders reacted to rising geopolitical tensions from the Iran war and fresh inflation data from Japan.

Japanese inflation ticked higher in March, stoking expectations that the Bank of Japan may soon signal rate hikes, which could strengthen the yen and unsettle global risk assets.

The Iran conflict has disrupted oil flows through the Strait of Hormuz, raising energy costs and inflation risks worldwide and potentially complicating efforts by the Federal Reserve to cut interest rates.

Ethereum (ETH) declined by 1.8 per cent to $2,316.53, Bitcoin (BTC) lost 0.6 per cent to sell at $77,935.53, Solana (SOL) fell by 0.5 per cent to $85.67, and Binance Coin (BNB) dropped 0.4 per cent to sell for $634.85.

However, Dogecoin (DOGE) appreciated by 1.4 per cent to $0.0976, Ripple (XRP) grew by 0.7 per cent to $1.43, Cardano (ADA) expanded by 0.6 per cent to $0.2493, and TRON (TRX) improved by 0.2 per cent to $0.3279, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) traded flat at $1.00 each.

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Economy

NB Plc’s Strong Recovery, Improved Profitability Excite Shareholders

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Nigerian Breweries NB Plc shareholders

By Aduragbemi Omiyale

The resilience shown by Nigerian Breweries Plc in the 2025 fiscal year, despite a volatile macroeconomic environment, which consumed several businesses, has not got without notice.

Shareholders of the brewery giant applauded the board and management for the strong recovery and improved profitability recorded in the year.

At the company’s 80th Annual General Meeting (AGM) on Wednesday, April 22, 2026, in Lagos, they attributed these achievements to disciplined cost management and a significant reduction in finance expenses.

“We are proud of how the company has withstood the ups and downs of a challenging environment. The return to profitability and the reversal of the negative cash position recorded in the previous two financial years are commendable,” a member of the Noble Shareholders Association, Mr Owolabi Opeyemi, said at the gathering.

Also, the immediate past Secretary of the Independent Shareholders Association of Nigeria (ISAN), Mr Eke Emmanuel, noted that the company’s resilience reflects strong leadership and a sound strategic direction.

“It is good news that we have been here for 80 years. There is no reason why we will not be here for the next 80 years with what we have achieved. To return to this level of profitability and cash position shows the Board has done an enormous amount of work,” he said.

Addressing investors at the AGM, the board chairman, Mrs Juliet Anammah, expressed confidence that the company is firmly on a recovery path following the net losses recorded in the past two years due to macroeconomic pressures and fiscal reforms.

She thanked shareholders for their continued support and reaffirmed that the company will build on its 2025 performance as it accelerates growth ambitions.

 “We have a solid foundation built over eight decades, anchored on a strong portfolio of brands, an extensive nationwide sales and supply chain network, ongoing digital transformation, and most importantly, our people. These strengths remain critical to sustaining our leadership position,” the former chief executive of Jumia Nigeria said.

Ms Anammah also addressed the company’s dividend position, noting that the decision not to declare a dividend reflects the need to rebuild retained earnings impacted by prior macroeconomic shocks, particularly foreign exchange-related losses.

“We recognise the importance of dividend payments to our shareholders and sincerely appreciate your continued understanding. While we are not declaring a dividend at this time due to negative retained earnings, we are working diligently to restore the company’s financial position and return to dividend payments as soon as it is sustainable to do so,” she added.

She further noted that the board remains vigilant to external risks, including the Middle East crisis and broader macroeconomic challenges, which may impact the pace of improvement in the 2026 financial year.

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