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Should you choose SuperForex as your broker in Nigeria?
SuperForex continues its expansion into the African region steadily. In the last couple of months the company’s presence in Nigeria has become particularly strong as SuperForex remains committed to developing the financial trading industry…
Local market rebounds as investors gain N59.8bn
The Nigerian equities market shrugged off previous day loss as the index gain 0.4 per cent, on Thursday, even as the social unrest in the country eased.Against this backdrop, the All-Share Index(ASI) of the Nigerian Stock Exchange (NSE)…
Diaspora remittances to Nigeria down by 40 per cent ― IMF
The International Monetary Fund (IMF) has said that migrant remittances to Nigeria fell by 40 per cent in the second quarter of the year due to COVID-19 pandemic and the consequent economic slowdown.This was contained in IMF’s African…
Stock market rises marginally by 0.03 per cent
Trading on the Nigerian Stock Exchange (NSE) was slightly positive, on Tuesday, as the local bourse index rose marginally by 0.03 per cent amid renewed bullish activity.Thus, the All-Share Index notched a marginal gain but closed…
#EndSARS: Nigeria’s economy lost N700bn in 12 days ― LCCI
The on-going agitations against police brutality have begun to take its tolls on individuals and businesses, as the nation’s economy is said to have suffered an estimated N700billion loss, in the first twelve days of the protests.This…
Local equities market opens week flat
The domestic equities market opened the week with mixed sentiments, as gains from large capitalised stocks were unable to lift the market on Monday.Trading on the Nigerian Stock Exchange (NSE) resumed the week flattish as the All Share…
Hope PSBank appoints Abubakar as board Chairman
Hope PSBank, Nigeria’s premier Digital-first Bank and a subsidiary of Unified Payments has announced key appointments for the bank.The board has approved the appointments of Alhaji Shehu Abubakar as Chairman and Ayotunde Kuponiyi as…
FirstBank says tweet saying it prevented staff from joining #EndSARS protest is false
The management of the largest bank in Nigeria, FirstBank has denied that it prevented its staff from joining the ongoing #EndSARS protests in the country.According to FirstBank, “Our attention has been drawn to the tweet making the…
Is Lai Mohammed Right to Say that Nigeria Can Become the Entertainment Capital of Africa?
The entertainment and media industry in Africa is growing and becoming more widely recognized on the world stage. Events like the MTV Africa Music Awards and the African Entertainment Awards have brought attention to rising stars in the…
Nigeria’s food inflation rises, as world celebrates 2020 World Food Day
Nigeria's food inflation rises, as the world celebrates the 2020 World Food Day today, Nigeria's food inflation recorded a rise from 0.66 per cent to 16.66 per cent.As contained in a Consumer Price Index (CPI) report for September 2020,…