Why Warren Buffett Made a U-turn Towards the Crypto Market

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 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

By Adedapo Adesanya The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised the alarm over alleged secret reintroduction of fuel subsidy payments by the federal government. In late May, after taking the oath of office, President Bola Tinubu announced the total removal of subsidy on petrol, which saw prices jump to over N600. The removal of fuel subsidy and the resulting increment in the pump of petrol by almost 300 per cent had quadrupled the inflation rate in the country and affected the purchasing power of Nigerians, especially the middle class and low-income earners. It was expected that as

**Releases Names Of Licenced Operators By Modupe Gbadeyanka Worried by activities of illegal International Money Transfer Operators (IMTOs) in the country and determined to safeguard the hard-earned money of citizens, the Central Bank of Nigeria (CBN) has threatened to block accounts of such companies operating with approval. To this effect, the Nigeria’s bankers’ bank has released names of companies registered and licenced to operate international money transfer in the country. The CBN, in a statement issued on Tuesday by the Acting Director, Corporate Communications, Mr Isaac Okorafor, disclosed it took this step due to “increasing patronage” of illegal money transfer

By Dipo Olowookere Latest figures released by the National Bureau of Statistics (NBS) have revealed that in the second quarter of 2018, the Pension Fund Asset under Management stood at N8.23 trillion as against N7.94 trillion in the first quarter of this year. The stats office further said the Pension Asset and RSA Membership Data for Q2 2018 reflected that 8,136,202 workers were registered under the pension scheme compared with 7,975,976 registered workers in Q1 2018. The data further showed that FGN Bonds has the highest weight percentage of 49.08 percent of the total pension fund assets. This was closely

By Ashemiriogwa Emmanuel In the past week, the Nigerian foreign exchange (FX) reserves expanded by $1.3 billion or 3.4 per cent from $39.6 billion on Thursday, October 14 to $40.9 billion on October 21, 2021. Observing the data obtained from the Central Bank of Nigeria (CBN) by Business Post, this is the first time in over two years that Nigeria’s FX reserves will get to such a high level. This, however, is coming as little or no surprise given that the country’s foreign savings account has in August 2021 been projected to cross the $40 billion mark in a matter

By Modupe Gbadeyanka Mr Andrew McCartney has been appointed by Bioventus as the Managing Director of International for Europe, Middle East and Africa (EMEA). Mr McCartney, who will be responsible for leading the company’s EMEA business and growing the Bioventus Active Healing Therapies portfolio within the region, will also have responsibility for the international headquarters office in Hoofddorp, The Netherlands. “We are very pleased Andrew is joining us to lead our growing business in EMEA,” said Tony Bihl, CEO of Bioventus. “His broad and deep experience of the European healthcare market, business management and marketing will help us accelerate our

By Cowry Asset Few days ago, AIICO Insurance released its half-year earnings, recording an impressive performance in the period under review. AIICO, which is one of the companies to reckon with in the insurance sector in Nigeria, recorded a 30 percent boost in its top line on the back of a 50 percent growth in its life business to N11.70 billion with fees and commission income increasing by 27.28 percent to N1.54 billion. However, these were offset majorly by higher claims expense (+54 percent to N14.2 billion) – claims ratio remained higher than industry average of – 44.30 percent –

By Adedapo Adesanya The Naira appreciated against the US dollar at the parallel market on Tuesday, June 9 as black market operators sold the American currency at N448. At the segment of the foreign exchange (forex) market on Monday, the traders had exchanged the Dollar at N450, indicating an appreciation of N2. At the same market window, the domestic currency closed flat against the Pound at N545/£1, but depreciated by N7 against the Euro to close at N480/€1 in contrast to the previously traded N473/€1. It was also a good outcome for the Naira at the Investors & Exporters (I&E)

By Dipo Olowookere The African Development Bank (AfDB) says it is scaling up its efforts to accelerate the pace of industrialization, supported by its presence in 38 countries and by timely and quality operations. The lender also said it was delivering on its goals and making good progress towards achieving its development and operational targets. These were made known by the 2018 Annual Development Effectiveness Review (ADER), which was released at the Bank’s Annual Meetings in Busan, Republic of Korea. Every year, ADER scrutinizes the Bank’s operational effectiveness and its organizational efficiency, using the Bank’s results measurement framework for 2016-2025.

By Modupe Gbadeyanka The parent company of the Ecobank Group, Ecobank Transnational Incorporated (ETI), has announced the co-option to its board of directors of Mrs Aichatou Agne Pouye. According to a statement issued by the lender, Mrs Pouye is a Senegalese national with over 30 years of experience in the private sector, public administration and international organisations. She has held leadership positions in many organisations both in private and public sectors where she demonstrated strong skills in areas such as people management, auditing and enterprise management, marketing of banking services, access to finance for SMEs, International Trade Negotiations & T