FG secures $134 million AfDB loan facility to boost seed and grain production for farmers

Trade with Pocket Option

It offers a clean, easy-to-use interface and supports both traditional currency pairs and commodity trading. Investing, saving, and trading aren’t just for finance majors or the super wealthy anymore. With smartphones in nearly every pocket and reliable apps a tap away, more Nigerians are learning how to take control of their finances—on their terms.

“If I rent a store, I will pay for electricity, television and radio licences, security and other charges. Some of Pocket Option demo account for Nigerian traders the people who have stores also join us in the evening to display their wares. But here, I only pay daily for my space and not exposed to other charges,” she said.

Natasha’s lawyers allege bias over unaddressed petitions

During the programme, Abubakar conducted research relating to product structuring and market development. We are dedicated to ensuring adherence to Non-Interest Banking principles through the appointment of an Advisory Committee of Experts (ACE). The ACE is tasked with the review and approval of all our products and processes after ensuring full compliance with NIB principles. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. As unreal as it may sound, the emotional state of the trader can affect or influence their decision-making process.

Our ‘Today, Tomorrow, and Forever’ approach helps you meet your near term needs, as well as grow your wealth for the decades ahead. Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur.

Bid farewell to the Senate, that ₦300 billion-a-year palace of political pageantry, and retain a leaner House of Representatives elected via proportional representation (PR), with seats reflecting parties’ national vote shares (a 5% threshold to curb chaos). This ensures opposition voices, from LP, NPP to PDP, resonate even in APC strongholds, curbing the defection fever that grips politicians seeking electoral lifelines. The 36 State Assemblies, often governors’ rubber stamps, give way to eight regional parliaments, each wielding devolved powers to manage and control taxation, education and policing. This new model incorporates a rotational presidency, cycling through six geopolitical zones every six years, pairs with a National Executive Council (NEC) of elected regional representatives, inspired by Switzerland’s power-sharing, to douse ethnic tensions. Traditional rulers to serve as non-voting advisors in regional parliaments and a National Council, grounding governance in our cultural heritage, much like Ghana’s House of Chiefs.

Naira holds steady at N1,602/$1 in official market

The Minister further revealed that the government had commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at a subsidized rate of N40,000 per 50-kilogramme bag, with the exercise set to take place across the country. He stated that the consortium is expected to establish 1,000 agro centres with service providers across the country. At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all. Help us maintain free and accessible news for all with a small donation. This is to say that many of the poster states in the East Asia like Malaysia, Singapore, and emerging powers like China and India and other BRICS countries were in the same league with Nigeria a few decades ago.

Trading Justice 531: What is Day Trading

This way, the amount you win or lose can be calculated beforehand, and you can estimate and control risks easily. The significant difference between binary trading and other trading options is the unique ability to profit from assets that are losing value. The more intentional your system is, the more likely you’ll stick with it and grow over time. You can automate your investments and choose from curated portfolios based on your risk level.

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But scrapping the Senate saves billions yearly, and regional parliaments also cost less than State Assemblies. Long-term, regions funding themselves, think Enugu’s tech or Kano’s trade could slash federal spending, while fair elections and less corruption save even more. This model’s sweat today could mean plenty tomorrow, making it leaner than our current bloated system.Dr. Olisa Agbakoba, a legal luminary, shares this vision, proposing a Consociational Democracy with cooperative federalism and rotational presidency. His model, lighter on specifics, avoids the cost of regional parliaments and PR but lacks the teeth of anti-defection laws or independent commissions to cage opportunists.

FG defends borrowing plan, claims 10 states involved

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The good news is you can avert them by reading online what other users have to say. It’s vital to choose an app that doesn’t ask tricky questions and provide a smooth withdrawal experience. Trading is becoming popular over the years and it’s not a surprise that there is endless content on the subject. If you attempt to watch and go over the material, the odds are that you’ll get overwhelmed as you’ll find many conflicting ideas. As already mentioned there are plenty of options out there and do shady activities that might mislead you to lose your money. It’s wise to not make compromises and choose only a trustworthy and reputable broker to open your account with and trade.

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Additionally, you may study charts and trends to implement a trading strategy better. The market’s strong performance, analysts observed, underscores a prevailing appetite for fundamentally strong assets, as selective buying interest in blue-chip and mid-cap stocks drove gains. While overall trading activity was mixed, with a drop in volume and value, there was a notable increase in the number of deals which rose by 22.55 per cent for the day. Monday’s performance proved to be a reflection of a strategic and deliberate approach by investors, who had during the previous week lost N201 billion as reported by Business a.m. Abubakar Muhammad Musa is currently a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients.

Tinubu reaffirms Nigeria’s commitment to ECOWAS

To hawk, we will investigate and come out with appropriate response,” Alabi said. Her agency is saddled with the responsibility of ensuring compliance with the ban on street trading in the state. A shop owner just behind the many street traders, Kelechi Anyanwu, bemoaned the presence of the street traders and its negative impact on his business.

Bought With Products

If not, the kit will be mailed to you separately or delivered by a courier as soon as your new item ships or is picked up. A trade-in kit will be shipped to you or made available at a specified location if you live in the Asia-Pacific area. Let’s go over the positives and negatives of technology in trading and how it shaped it the way it is today. Whether you’re streaming videos, browsing the web, or catching up with friends on social media, you can do it all without worrying about exceeding your data limit or incurring additional charges.

  • With more than a hundred offered deposit actions, trading will get fast and you can comfy.
  • Make use of the “Think of Me” selection for easier accessFor reduced logins the next time, see the package near to “Consider Myself” before pressing the fresh Log in key.
  • A noteworthy firm will allow access to valuable tools and game plans to assist you in your trades.
  • It’s one of the most trusted platforms in the world for retail forex and CFD traders.
  • Despite some of these disruptions, resolving issues of failed transactions, withdrawals, and prompt customer service remains a dilemma.

Data Privacy and Protection

But hold up, before you dive headfirst into YouTube tutorials and endless TikTok scrolls, let’s unlock the true potential of those precious night bytes. Knowing the ins and outs of a broker can help you decide whether you should invest in it, as your choice will affect your overall trading experience. FutureMe Flex is a unique account designed to bank Nigerian students from 15 – 26 years old in tertiary institutions. The product is designed to grow with the customer and ensure financial inclusion. Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. The overall investment returns can be affected by performance Fees as different platforms may charge a fee for the mirroring service which they offer.

Make sure you meticulously configure the new setup and pick the proper signs to optimize the exchange procedures. That have automation, you’ll save hard work if you are probably boosting your earnings. Term verification is actually a basic dependence on monetary functions companies. Pouch Option is a trading and investing platform that’s well-known for the capability to generate quick investments, use of an array of property, cutting-edge research equipment and you can easier put/detachment. P.O.S Machines – For frequent shoppers abroad, the era of paying for your purchases via cash may soon be over as most shops, malls, hotels etc. all accept Nigerian Debit or Naira cards (Mater Card/Visa). Rather than pay with cash, all you do is just swipe your cards at the available P.O.S machines and you get debited in Naira at your local bank here in Nigeria.

The bulls extended their stay on Customs Street on Wednesday on the back of sustained bargain-hunting by the market participants. Aside from Pocket Option, several other brokers in Nigeria hold licenses from the country’s jurisdiction. To make an informed decision, it’s essential to compare Pocket Option with these competitors. TU analysts have prepared a comparison of licensed brokers operating in Nigeria’s market. While the company holds a certificate from the International Financial Market Relations Regulation Center (IFMRRC), it lacks a financial license from Nigeria.

  • Novice traders can also participate in the financial market with limited knowledge by simply copying the trade or investment options of more experienced traders.
  • Many years ago, traditional banks required you to come to the bank and carry out a KYC (Know Your Customer).
  • While it may lack a Nigerian financial license, many traders in Nigeria still choose to work with the broker due to its attractive conditions.
  • As usual he called his guy at a popular hotel on the island for $10,000 on the day he was traveling.
  • There should be a law stating that fintechs and other money apps operators should have effective communication channels, not chatbots that respond and attend to customers’ plight.
  • Firstly, you can turn off auto-play videos on social media and messaging apps.

Holders of diverse portfolios need access to diverse tools, and it may also be provided through an app. Such assets include assorted CFDs (e.g., on stocks, commodities, market indices, etc), binary options, stocks of tech giants, etc. But the government has continued to warn violators of the state’s environmental laws to desist from doing so or incur the wrath of law enforcement agencies. The Commissioner for the Environment, Dr Babatunde Adejare, recently pointed out that the state’s environmental laws did not permit anyone to convert roads, medians, set-backs and walkways into markets. “It is regrettable that some illegal traders have not heeded the enlightenment and advocacy messages of public affairs and advocacy teams of the ministry,” he said. With any binary options online platform app, you have only two outcomes.

Improve your potential of achieving wealth goals with our portfolio approach

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In December 2024, President Bola Ahmed Tinubu presented the proposed 2025 national budget, earmarking N2.48 trillion for health – just 5.2 percent of the total budget. This has raised serious concerns about the government’s commitment to revitalising the sector. According to him, the dismantling of the official development aid agency in the US and similar anti-aid measures in parts of Europe signify the end of old development models.

Africa’s Cross-Border Payments to Hit $1tr by 2035, Facing $5bn in Annual Inefficiencies

Automating your own Pocket Choice trades can offer several advantages, in addition to getting rid of the necessity for guide admission and you can probably boosting change results. It allows one display progress, look at analysis, in addition to set up automated trading purchases copy of your own extremely winning traders. The transaction amount and also the made money are instantly put in your account equilibrium. It is always better to over confirmation after you register your account. The exchange rate in Nigeria is has been in the news recently as the Naira faces major depreciation against the dollar. Most blame this to the recent CBN policy of replacing the WDAS for the RDAS in Nigeria.

He added that in response to a Presidential directive, the ministry released to the National Emergency Management Agency (NEMA) 42,000 metric tonnes of assorted food commodities from the Federal Government Strategic Food Reserve for distribution. He emphasised that the ministry’s presidential priority under the Renewed Hope Agenda was to boost agriculture to achieve food security, enhance infrastructure, and improve transportation as growth enablers. EyeSyte Smart DoorBell gives you a close up view of visitors who approach your door, enabling you to see them and have two-way conversation from the comfort of your mobile phone, whether you are home or not. His major area of research is Nonlinear Structural Stability and Vibration Analysis of Shells and Spatial Structures. He has supervised ten (10) Ph. D candidates, and over one hundred (100) M.Sc./M.Phil candidates. He has over seventy (70) publications in reputable national and international journals as well as referred conference proceedings.

Trading Justice 454: Tyler Craig on Market Volatility

If you are, for example, interested in trading binary options, we recommend going for a broker that focuses on this trading method. Also, be sure to read the reviews of the brokers you are interested in because this way you can get a good impression and it will help you to decide. If you want to know more about Pocket Option, you will be able to learn from other people’s experiences. This type of trading offers minimum deposits and big withdrawals in a short time.

Investors should choose based on the trader’s past performance for maybe a year. Choosing a trader who has traded for long with consistent results might result in making a profit. Before we do anything, we should analyze the market and calculate how much of our budget to use, so we can make informed decisions and avoid bankruptcy. The chief executive of the telco, Mr Karl Toriola, while speaking on Arise TV earlier this month, said the management has concluded plans to double investments in upgrading the company’s network infrastructure in the country. Besides the ranking of licensed brokers operating in Nigeria’s market, Traders Union website also features many other rankings such as Best Trading Apps in different countries.

  • To hawk, we will investigate and come out with appropriate response,” Alabi said.
  • If you’re concerned about your phone’s data usage, there are a few ways to optimize the app settings to save data.
  • Mr Kyari said that a ginger master plan was developed to facilitate self-sufficiency and promote exports for foreign exchange earnings.
  • By following the new tips in depth in this post, you’ll be able to set up the mandatory application and start automated trading.
  • You fund your account in naira, and it’s automatically converted to dollars.
  • It also includes features like savings challenges and educational content, which makes it a good pick for people just starting their personal finance journey.
  • So choosing the right broker who can offer high payoff rates becomes crucial.

Pocket Option Regulation in Nigeria

The commissioner stated that his ministry was now more determined to implement the state government’s policy of keeping its environment clean and safe enough to attract investors and boost the economy of the state. “We pay N100 every day, and usually, after doing so, we will be left alone. I am of the opinion that paying them this money is a small price to pay for the opportunity to sell your wares,” a tomato seller told Saturday Tribune.

Trading Justice 517: Peter Grant on Metals

Inside the MT4, visit “Tools” and pick “Possibilities.” Under the “Professional Advisors” case, ensure that the needed configurations try seemed. Nairametrics is Nigeria’s top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. A friend was going traveling out of the country for the Xmas holiday with his family.

Opting for a trading platform that goes down might put your personal details at risk. One of the reasons that trading mobile apps go down is because they might have been hacked meaning that swindlers will access your bank account details. There are so many incidents with people that lost their money because they trusted a shady mobile app that looked trustworthy at the start. Before you go ahead and install a trading app on your phone, it’s wise to do research.

The Nigerian equities market showcased remarkable resilience, commencing the trading week on a decidedly bullish note, propelling the All-Share Index (ASI) to a new historic high of 109,968.48 points. This fresh rally, buoyed by robust investor confidence, injected N593 billion into market capitalisation, pushing its valuation to an unprecedented N69.34 trillion. Pocketpal is a customised student allowance account with a debit card which secondary school students can use to transact within and outside the school; it can also serve the dual purpose of a school ID Card. He also serves as a director of Alkhabeer Capital in Jeddah and Chairman of Alkhabeer (DIFC). He is a member of the international advisory board of the Securities Commission of Malaysia, a published author, and an active speaker on Islamic finance. Formerly, Abubakar worked as a Researcher in different units at International Shariah Research Academy for Islamic Finance (ISRA) in Kuala Lumpur, Malaysia.

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