Kuda offers digital-first banking with zero-fee transfers, smart budget tracking, and built-in savings tools. It offers a dollar-based investment platform where you can choose between managed portfolios or handpick U.S. stocks. You fund your account in naira, and it’s automatically converted to dollars. And once you’re comfortable, MT4 lets you explore automated strategies, time-based entries, and deep backtesting using historical data. For traders who take the craft seriously, these features turn guesswork into systems.
Download it today and cut your teeth on trading with a demo account and whenever you feel ready, make your first deposit with the payment of your choice (Skrill, Bank Card and more). On top of all, you can withdraw your money seamlessly making the whole experience pleasant and smooth. The European Securities and Markets Authority (ESMA) has banned the sale and marketing of binary options as a trading method for private investors. Those who want to keep trading with regulated services must choose brokers licensed by foreign regulators, for example the Australian Securities and Investments Commission (ASIC). Users may open and close positions, keep track of trends, and manage financial transactions – all through a single product. Essentially, global markets are now in your pocket, with profitable trades just a few taps away.
So, next time you’re online, remember that being budget-savvy doesn’t mean compromising your online experience. Look out for the best deals and take advantage of those free Wi-Fi hotspots whenever possible. With a little smart planning, you can surf the web like a king or queen without burning a hole in your pocket. If you’re concerned about your phone’s data usage, there are a few ways to optimize the app settings to save data. Firstly, you can turn off auto-play videos on social media and messaging apps.
- You may also get your money back if the market doesn’t move (go high or low).
- If your night plan for 9mobile offers multiple data allocations, use them strategically.
- However, 24 years later, while a few countries have made notable progress, many remain below the 10 per cent benchmark, with some allocating far less.
- The newspaper is a public trust dedicated to the pursuit of truth and reason covering a range of issues from breaking news to politics, business, the markets, the arts, sports and community to the crossroads of people and society.
- Before choosing a brokerage app, investors need to weigh their options and consider the benefits and breaches of each one.
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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.
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The depreciation of these stocks, alongside others such as Custodian (-9.63%), VFDGroup (-9.32%), Dangsugar (-2.56%), and GTCO (-2.29%), indicated the market’s discerning nature, where even amidst a broader rally, certain companies face selling pressure. Conversely, the Insurance sector experienced a decline of 1.06 per cent. The Consumer Goods sector, recorded a loss of 0.75 per cent, while the Oil & Gas sector also edged down by 0.09 per cent, despite the strong showing of individual oil and gas companies like Aradel. 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.
Trading Justice 492: Ark Dogs
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. 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.
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The selective accumulation of quality assets served as the primary catalyst for the N583 billion gain in investor wealth. 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.
- FutureMe Investment is a profit-bearing account designed to grow as children and young adults grow.
- The campaign was to introduce traders to the various insurance packages created by the company to help them protect and grow their businesses.
- My Consensual Federal Democracy builds on his ideas, adding precision to tackle rigging and betrayal, though its complexity raises the stakes.
- His major area of research is Nonlinear Structural Stability and Vibration Analysis of Shells and Spatial Structures.
- With its convenient debit card, students can easily access their funds without the hassle of carrying cash.
- Investing can be scary to the novice and a challenge to the experienced investor, and knowing the right online broker to work with is another task.
Beyond Borders: How Ogun’s healthcare crisis pushes Nigerians to neighbouring country
The design is to make the product more accessible and affordable for consumers and other end users. Efe Isiorho, business development manager, GOXI Micro Insurance explained that traders can now have their goods insured with as low as N500 under the GOXI Ma Business insurance package. It’s much better to go for a mobile app that provides such customer service even if you don’t need to use it that much. 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.
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An expert-buyer usually follows the cash government legislation and constantly analyzes and you may finds out the best techniques to fit the present day business situation. Put financing for the exchange balance with the extremely safe deposit method. People usage of material of the webpages need to be passed by an official member away from “Infinite Trading LLC”, and you can have a relationship to the original money. People third-people businesses from “On the web agent” or “On line trade” type, do not have the right to explore information for the web site in addition to one distorted creating away from “Infinite Exchange LLC”. In case of citation, they’ll be sued prior to regulations of rational property security. 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.
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He noted that the Federal Government had declared a state of emergency on food production to ensure all Nigerians have easy access to quality and nutritious food at affordable prices. He said that Cross River was leading 16 other states in wheat production, adding that more than 3000 wheat farmers have been listed to benefit from the support to grow the grain. He noted that the federal government had declared an emergency on food production to enable all Nigerians get easy access to quality and nutritional food at affordable rates. The situation is virtually the same at the Iyana Ipaja under bridge area of the Lagos-Abeokuta Expressway where roadside traders are also known to pay between N50 and N100 per day. Hawkers in the market, who have no specific spots, it was gathered, pay N50 to collectors while those who trade in specific Pocket Option Nigeria spots pay N100.
- Nigeria continues to record poor health indices -among the worst in Sub-Saharan Africa – including low life expectancy, high maternal and infant mortality rates, and a high prevalence of infectious diseases.
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- So whether you’re starting from scratch or already knee-deep in charts and candlesticks, here’s a list of some of the top mobile and desktop apps Nigerians are using to grow their money and understand the markets.
- For the beginning, getting used to the basic binary trading is the best choice.
- We focus on providing resources that help small businesses and retail investors make better investing decisions.
- Apple has announced some nice incentives for those who want to trade in their old iPhones for new ones, as well as several retailers and carriers.
Trading Justice: The Aftermath
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. “Honestly, I used to complain about Flutterwave support, but they seem even much better. In the absence of any support, users storm their Instagram and Twitter pages asking for help. In the end, scammers disguise themselves as support and rip them off completely. Many of Nigeria’s fintechs seem to have everything automated, which makes them questionable.
- PTA is for holiday makers and is $4,000 per quarter and $16,000 per annum and can also be purchased at the official inter bank rate.
- Many have similar frustrating experiences as Samuel when dealing with these platforms where you can deposit funds.
- Copy trading is just like following the footsteps or strategy of an intelligent student to get good grades yourself.
- Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.
- For now, the Nigerian equities market appears to be operating in a volatile range, albeit with an upward trajectory, driven by a targeted and confident investor base.
- Currently, the limit here is $5,000 per quarter or $20,000 per annum and rather than buying it at the parallel market rate of say N170 to the dollar you pay about N161 (the interbank rate) for it.
The brokerage app also presents cashback and other benefits for a minimum-risk trading experience. With only a $50 minimum investment amount and a $1 base trade amount, stockholders can employ more than 100 kinds of assets for trading, including currency pairs, stocks, commodities, and popular cryptocurrencies like Bitcoin. They can use over 50 payment methods to receive their funds and experience a commission-free deposit and withdrawal. The trading turnover rate was over $500 billion, with at least 100,000 active users, each contributing an average monthly income of $850.
Top Mobile and Desktop Apps for Nigerians Interested in Finance and Investing
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. Speaker Mudashiru Obasa, gave the directive after intense debate on the unwholesome attitude of the traders, commercial bus drivers and okada riders. To correct the anomaly, the lawmakers directed relevant government agencies to, as a matter of urgency, take measures to eradicate the trading activities on the LASU-Iyana Iba-Alaba-Volkswagen-Okokomaiko Road with a view to ending gridlocks in the axis. With 2 models, you can choose between EF or MFT lenses, making Blackmagic Design Pocket Cinema Camera 6K Uk Used compatible with the largest range and most popular lenses in the world. The 6K model features an EF lens mount so you can use lenses you already own from other cameras such as DSLR, URSA Mini Pro, or even the original Blackmagic Cinema Camera! You can use commonly available photographic lenses that provide incredible creative choice and wonderful feature film quality lens effects.
WAEC/NECO: Nigerian govt vows full shift to CBT by 2026 – Minister
Samuel deposited $150 on Pocket Option through a bank transfer ($50) and through Binance, the largest crypto exchange platform ($100) to start trading. IQcent is a user-friendly online trading platform that was developed especially for beginners. The platform has over 400 assets with trade expiry dates ranging from 60 seconds to several hours to several months. Your payouts will depend on the type of trade you choose and the time frame. You can deposit a minimum amount of $5, or you can start with a free demo account. Think of a laptop backpack as your reliable everyday bag that carries not just your laptop but everything else.
Trading Justice 595: Bump in the Road
On the other hand, in a worst-case scenario, you can visit the bank and get your issue resolved. Laptop backpacks cost more upfront (₦15,000+), especially if you want waterproofing, anti-theft zippers, and many compartments. They have room for your laptop, passport, headphones, charger, and light sweater.
During a recent plenary session, the lawmakers took turn to condemn the growing menace of street trading in different parts of the state, including the Alaba and Okokomaiko areas, where gridlocks are often encountered. “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. This view was shared by another trader, identified simply as Ola, who was one of the numerous bread sellers that converge on the Agege Railway line area every evening. Although many of these traders sell their merchandise by the road, the spaces they occupy are not free.
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.
What started as a small agency with only a handful of customers exploded to incorporate over 10 million registered years in just two years. These are some of the critical elements of the application that give it a global regard in the stake realm. Standard Chartered Money Insights is a podcast series created to bring you the latest market views on-the-go. Join experts from Standard Chartered Bank as we deep dive into the global insights and financial analysis that matter to help you make better financial decisions.This podcast channel and its contents are being distributed for general information only. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person or class of persons and it has not been prepared for any particular person or class of persons. Opinions, projections and estimates are solely those of SCB at the date of the podcast content and subject to change without notice.
Does technology make trading easier?
The primary driver for this increased spending, according to the CEO, is “addressing the quality of service issues” to meet both regulator and public expectations. 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.
We would like to keep refining our services to serve you better and keep you connected at all times. This survey makes you a part of the decision making process, we would appreciate your feedback. Plus, download your favourite shows and music over Wi-Fi whenever possible. You might be tight on budget, but you don’t want to miss out on trends, you want to keep up with those tutorials on YouTube, or you can’t afford to lose touch with your buddies. With just N400, you can choose a chat pak, video pak or social pak, lasting 30 days.
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. Exness, the world-renowned broker, has a mobile app with an intuitive dashboard where you can trade stocks, metals, commodities and more with built-in lines and candle charts that make the trading analysis smooth and easy – all done with only a few clicks.
- While it may lack a Nigerian financial license, many traders in Nigeria still choose to work with the broker due to its attractive conditions.
- Stick around, in this comprehensive article, we’re going to talk about how the advancement of technology has shaped trading to its current form.
- That’s a major leap for anyone shifting from casual user to committed trader.
- Copy trading saves a lot of time that would be used in conducting research as it eliminates the need to do extensive market research and analysis since trades are executed based on expert traders.
- If your mirror trader experiences a huge emotional setback during market downturns, their decisions may affect the investment returns negatively.
These apps run on both iOS and Android, and they provide a smooth user experience. Brokerage firms also release their unique software – for instance, FXTM Trader. In recent years, online trading in the country has grown exponentially. Today, when the economy is effectively put on hold due to COVID-19, its appeal is even stronger. With massive layoffs and wage cuts, consumers are turning to remote ways of working.
There are many trading apps out there and it’s not easy to find the one that suits your needs. For this reason, we tested many different apps and found three decent apps that stand out. Since you’ll be using this mobile app on a daily basis it’s wise to select one that is user-friendly, easy to navigate with intuitive design with the fewest clicks possible. Let’s get real, who wants to use a mobile app on a daily basis that is almost impossible to navigate? You don’t want to think to yourself ‘How did I get to the main dashboard? Let’s go over a bunch of key aspects that you should take into account to choose the right trading mobile app for you.
Through trading apps, currencies, stocks, and derivatives may be bought and sold with ease. He also noted that Cross River is leading 16 other states in wheat production, with over 3,000 wheat farmers already listed to benefit from the government’s support to cultivate the grain. Nigerians may need to start pondering how risky it is to deal with faceless money apps that could collect public funds with nothing to hold on to in the case of fraud or issues.
With its convenient debit card, students can easily access their funds without the hassle of carrying cash. While copy trading stands out as a solid option, whether it is the right strategy or not depends on your goals, tolerance level and other factors. However, it is important to note that copy trading doesn’t guarantee success. Investors should choose based on the trader’s past performance for maybe a year.
He charged students of the university and Nigerian youths in general to take advantage of the charging station as an opportunity to become a part of the new chapter of electric mobility and clean energy in Nigeria. NASCON is offering its salt packs, seasonings, and stew mix to customers at the trade fair. The salt pack which is designed to endear the product to its teeming customers still comes in packs of 250g, 500g and 1kg.
Just like the other tips mentioned above, you will also be charged the prevailing interbank rate at the time of transaction. BTA/PTA – Business Travel Allowance (BTA) and Personal Travel allowances (PTA)are both official forms for individuals to purchase forex from through the banks. Currently, the limit here is $5,000 per quarter or $20,000 per annum and rather than buying it at the parallel market rate of say N170 to the dollar you pay about N161 (the interbank rate) for it. PTA is for holiday makers and is $4,000 per quarter and $16,000 per annum and can also be purchased at the official inter bank rate. 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.