Yuguda Advocates Effective Dispute Resolution Mechanism for Capital Market

By Adedapo Adesanya Crude oil prices settled gained almost one per cent higher on Tuesday as expectations of tighter supply outweighed worries that an uncertain economic outlook would hurt demand. Brent crude futures rose by 67 cents or 0.7 per cent to $93.96 per barrel and the US West Texas Intermediate (WTI) crude futures increased by 71 cents or 0.8 per cent to $90.39 per barrel. Oil supply remains tight as Russia and Saudi Arabia have extended production cuts to the end of the year. Market analysts noted that oil supply is expected to underwhelm demand in the foreseeable future

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 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

By Dipo Olowookere The board of Unity Bank Plc has announced Monday, December 17, 2018 as date for its 12th Annual General Meeting (AGM). The event is scheduled to take place at 11am at the Ibom Hotel & Golf Resort, Nwaniba Road, Akwa Ibom State. According to a statement issued by the lender, during the meeting, shareholders will receive the audited accounts for the year ended December 31, 2017 together with the reports of the Directors, Auditors and Audit Committee. Also on the agenda at the AGM is the election and re-election of some directors of the financial institution as

By Adedapo Adesanya The board of Central Securities Clearing Systems (CSCS) Plc, has proposed the payment of 74 kobo as a final dividend to its shareholders for the 2021 financial year. Business Post understands that the dividend indicates a 43 kobo or 36.8 per cent lower than the N1.17 dividend declared for the preceding fiscal year. The cash payment proposal was disclosed by the company in a notice to the NASD Over-the-Counter (OTC) Securities Exchange, where it trades its securities on Monday. The payment will be subject to the approval of shareholders at the Annual General Meeting (AGM) of the

By Nneka Okumazie Any country is as developed as what knowledge is worth to them; knowledge in areas of necessity to have a leading edge in the world. Knowledge is one of the character constituents for development. Some people and countries rate themselves on things they can afford that to do well mean to have those things when it was the knowledge that brought them about. Some people also think that knowledge, individually, is along things like certifications, when those are still commonly available and obtainable, having advantages in restricted terms. Character multiplies whatever a country has, but a lack

By FSDH Research Certain key events, both at the global level and in Nigeria, will influence economic and business activities in 2019. FSDH Research examines a few of these events and discusses the implications for businesses and investments in Nigeria. The expected hike in interest rates in major advanced countries will lead to an increase in global yields and may put pressure on currency in Nigeria. There are strong indications that the US Federal Reserve, Bank of England and European Central Bank will increase interest rates in 2019. The expected increase in the interest rate in the international market may

By Modupe Gbadeyanka A total of 228 entries have been received from applicants for the Fall Armyworm Tech Prize, which aims to find digital solutions to identify, track and protect crops from the pest, which has devastated agricultural produce across the continent. According to Nesta, which made the announcement on behalf of Feed the Future, over 80 percent of the entries came from Africa. Nesta said 25 of the entries came from Nigeria, 52 from Uganda, 22 from Ghana and 21 from Kenya. Also, 23 applications were received from the United States. Bhavik Doshi, Research and Impact Coordinator for Nesta

By Modupe Gbadeyanka The campaign to raise awareness for menstrual hygiene among females has been intensified by Procter & Gamble (P&G). Poor menstrual hygiene caused by a lack of education, persisting taboos and stigma, limited access to hygienic menstrual products and poor sanitation infrastructure undermines the educational opportunities, health, and overall social status of females around the world. As a result, millions of women and girls are kept from reaching their full potential. According to UNICEF, one in 10 girls miss school for about 48 days in a year due to a lack of access to sanitary pads. In Nigeria,

By Timi Olubiyi, PhD The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from nano, kiosk, and micro-businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business centre

  By Ebitonye Akpodigha Lagos State Commissioner for Information and Strategy, Mr Steve Ayorinde, has refuted an allegation made by candidate of the Peoples Democratic Party (PDP) in Edo State, Pastor Osagie Ize-Iyamu that the Lagos State Governor, Mr Akinwunmi Ambode, was in the Edo State for the governorship election held on Wednesday. In a statement issued by Mr Ayorinde, he described the allegations by the PDP candidate as reckless and disgraceful. According to the Commissioner, Mr Ambode was not in the state for the poll with his Kaduna State counterpart, Mallam Nasir El Rufai, as alleged. He said the