Value of Unlisted Securities Jumps by 2.05% in One Week

By Adedapo Adesanya The International Monetary Fund (IMF) has reaffirmed its support for the removal of fuel subsidy and the exchange rate unification of the administration of President Bola Tinubu, insisting that the policies are good for Nigeria’s economy. A representative of the global lender, Mr Ari Aisen, while featuring on Channels TV on Tuesday, maintained that the two policies must remain for Nigeria to reach macroeconomic stability. “After the position that needs to be well managed to avoid potential reversal, policies of subsidizing fuel, and controlling exchange rate will lead to a much better outlook for the Nigerian economy,”

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

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

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 Modupe Gbadeyanka Plans have been concluded to distribute no fewer than 10,000 tractors and inputs to farmers in the 774 Local Government Areas of the federation under a soft loan scheme of the federal government. At the palace of Emir of Dutse, Mr Muhammadu Sanusi, over the weekend, Minister of Agriculture and Rural Development, Mr Muhammad Sabo Nanono, said the tractors, fertilisers, chemicals and other inputs would be disbursed to the beneficiaries to boost agricultural mechanisation in the country. He explained that each of the councils would be allocated tractors worth N150 million each and inputs as soft loan

By Sodeinde Temidayo David Transactions at the Investors and Exporters (I&E) window of the foreign exchange (forex) market last week depreciated by 6.5 per cent or $55.2 million to $795.95 million (approximately $796 million) from the previous week’s $851.1 million. The data harvested from FMDQ Securities Exchange, which tracks transactions on the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX), indicated that the FX market segment was relatively quiet in the week. The forex market in Nigeria has been undergoing a tough period because of a liquidity crisis, though it seems to be moderating in the past few days, especially due

By Dipo Olowookere Arsenal star, Alex Iwobi, came from the bench to qualify Nigeria for the 2018 FIFA World Cup taking place in Russia. The footballer, who dumped England to play for Nigeria, scored the only goal of the match against Zambia at the Godswin Akpabio International Stadium in Uyo, Akwa Ibom. The Super Eagles had only needed a win to seal a spot in the 32-nation competition next summer in Russia. Coach of the Nigerian team, Gernot Rohr, brought in Iwobi in the second half of the match and he made a huge impact moments later. With Saturday’s win,

By Modupe Gbadeyanka Barely 24 hours after Rivers State Governor, Mr Nyesom Wike, declared that he will be running for a second term in office, in 2019, another aspirant, Mr Soalabo West, has also announced his willingness to contest for governorship on the same Peoples’ Democratic Party (PDP) platform. Mr West, an energy and maritime lawyer of the Kalabari ethnic extraction, says his willingness to vie for the 2019 governorship election via the PDP “is anchored on a new paradigm to make Rivers State great again.” He stated that the circumstances that threw up Mr Wike in 2015 have been

When looking for an online trading platform, you’ve likely come across finq.com. Making the right choice in a sea of online brokers is critical for your trading success. Traders Union compiled the Finq.com review to guide you in navigating the complex world of online trading. To help you make an informed decision, this finq.com review presents an in-depth analysis of the platform’s features, performance, and offerings. What is Finq.com? According to TU experts, finq.com is a trading platform managed by Dilna Investments Ltd and regulated by the FSA of Seychelles under license number SD007. Finq.com provides access to CFD trading

By Adedapo Adesanya The Federal High Court In Abuja has ordered the arrest of a British national, Mr James Nolan, for jumping bail. Justice Ahmed Mohammed gave the order after Mr Nolan, a director in the Process and Industrial Development Limited (P&ID), failed to appear for trial. Mr Nolan is being tried by the Economic and Financial Crimes Commission (EFCC) along with Lurgi Consult Limited and others in a money laundering case to the tune of $9.6 billion. In his ruling, Justice Mohammed said Briton had broken the terms of his bail conditions offered him by the court. He, therefore,

By Dipo Olowookere Teachers and pupils of LEA Primary School in Karon Magiji, Abuja could not hide their excitement when a newly built block of classrooms was recently handed over to them by the Nigerian Bottling Company (NBC) Limited. This is because the tastefully furnished classrooms will enable the pupils to learn in a decent environment and boost the morale of the teachers to impart quality knowledge on the children. Before the foremost Consumer Packaged Goods company built the classrooms, pupils in the school have had to share a desk or write on their laps, making learning pretty difficult for

Ecobank Nigeria has started the remodelling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cosy experience to customers and other stakeholders of the bank who visit the branches. Speaking on the branch transformation exercise, Mrs Titi Olarinde, Head, Branch Network, Ecobank Nigeria Limited said it is a deliberate and strategic decision of the bank to ensure that customers transact seamlessly in an environment where they are happy to come to every day whilst providing the best banking experience for them and our