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Economy

Trading Made Easy With Ripple

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trade with Ripple

There are a lot of factors that determine your choice of currency when trading. For instance, if you want to know how to trade with Ripple, you must know the essential factors that affect the price of Ripple.

Key Factors Affecting the Ripple Price

Just like every other currency, the price of ripple is influenced by demand and supply, yet there are a couple of things that make ripple different from other currencies. These unique factors influence how participants respond to demand and supply.

Ripple Supply

Ripple Coin is pre-minted with 100 million of it at the time of launching; unlike Bitcoin, that can be mined. There are over 45 million Ripple coins in supply. The remaining fraction of the launched coin is released periodically based on the decision of the company executives. The target for investors and traders is to track the release and circulation of ripple coins to take advantage of it.

Adoption

The adoption of ripple coins by notable financial institutions significantly impacts its demand. Nobody wants to stake their money on just any investment. The adoption of ripple coins by reputable institutions endorses its authenticity and creates an environment for making informed decisions for traders.

The Crypto Market

The Crypto Market decides the fate of most currencies. The direction of the majority in the crypto market impacts its rise and fall in price. Once a currency is perceived to have potential in the market, it appreciates. This is applicable to ripple coins.

Competition

The Crypto World is a world of competition. The price of any currency is influenced by:

  • its circumference of usage;
  • adoption by financial institutions.

The ripple cost will continue to rise as long as it maintains the top tier based on the abovementioned factors.

Exchange Listing

A coin can be potentially promising, but it cannot be appreciated until it achieves a listing on a notable exchange. Achieving a listing is one of the essential things for any coin. On the other hand, delisting can wreck the price of any coin. Ripple coin thrives on this advantage as well.

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Economy

SEC Postpones Q2 2026 Pre-registration Training, Examination for CMOs

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capital market operators

By Aduragbemi Omiyale

The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.

Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.

This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.

The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.

In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.

“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.

“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.

“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.

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Economy

Fidson Lists Additional 600 million Shares on Stock Exchange

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By Aduragbemi Omiyale

One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.

The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.

The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.

They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.

Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.

“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.

“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”

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Economy

FG Approves Payments to 1,240 Contractors to Ease Liquidity Pressure

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FG contractors protest

By Modupe Gbadeyanka

This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.

This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.

This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.

The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.

In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.

It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.

The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.

“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.

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