Should Nigerians Worry about Faceless Money Apps? Tech Business

The opposition, a squabbling troupe of PDP and Labour Party players, lacks the script to challenge the dominance of the ruling party, bickering like market women over a shared stall. Nigeria’s youth, 60% of our 230 million souls, are a restless force, their rebellion only a matter of when and not if could ignite this nation aflame if governance doesn’t shift. The Federal Government says it has secured a $134 million loan facility from the African Development Bank (AfDB) to support farmers in boosting seed and grain production across the country. It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall. TechEconomy gathered that some money apps like Chipper, Carbon, and even Flutterwave are all found wanting when it comes to having an immediate reversal of funds on a failed transaction. Many have similar frustrating experiences as Samuel when dealing with these platforms where you can deposit funds.

Trading Justice: Fakeout to Breakout

Then the GOXI Welfare, which is a plan designed for staffs, family, and association members’ to have access to medical treatments expenses in the event of accident or permanent disability. Our mission is to empower businesses with actionable insights through comprehensive data analysis and strategic research, with a focus on innovation and excellence. Once you’ve cleaned up your iPhone, it’s never a bad idea to take pictures of it before sending it in. Take note of the imperfections that you’re aware of, and keep them handy in case you hear reports indicating further damage.

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.

Improve your potential of achieving wealth goals with our portfolio approach

As already mentioned the good old days trading could be done only at the physical place. The next advancement was to trade via a computer (whether desktop or laptop) that made things easier. As you might have already guessed, mobile trading refers to having access to online trading platforms on your smartphone and trading any time whether it’s stocks, commodities, crypto or CFDs. Launched in 2017, Pocket Option boasts a team of professional traders, IT, and FinTech experts. The broker offers access to trade various assets, including currency pairs, commodities, stocks, cryptocurrencies, and indices, providing clients access to over 100 global trading options.

Brokers Similar to Pocket Option

Another trader who did not want her name mentioned alleged that in addition to ‘settling’ the area boys, they had to pay officials of Kick Against Indiscipline (KAI), now known as Lagos State Environmental Safety Corps, too. And if you are so unlucky that they take your wares to their office, you pay N20,000 or more, depending on the quantity of the seized goods. “We settle them but they sometimes randomly raid this area and take our goods away,” she said.

Trading Justice: Market Showdown

The idea is to find a trader with a successful track record and begin copying their trade as it is a good option for those who lack the time or experience to invest by themselves. Copy trading is just like following the footsteps or strategy of an intelligent student to get good grades yourself. We can choose assets that interest us and use the software to perform transactions. Many Nigerian traders start on mobile apps, then migrate to MT4 as they get more confident. The platform is powerful but well-structured—meaning you can go at your own pace without feeling overwhelmed.

Kenya-Nigeria Trade Mission strengthens business ties in landmark visit

Besides his primary assignments in ISRA, he taught Shariah Rules in Financial Transactions to Chartered Islamic Finance Professional (CIFP) Masters online Students of International Centre for Education in Islamic Finance (INCEIF), Malaysia. He also taught MBA and BBA Students different Islamic Banking and Finance Subjects at University College of Bahrain. 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.

Supporting Dads: Flexible jobs help Nigerian men attend antenatal care

• Operating in more than 95 countries, Pocket Option prioritizes high-quality customer service, continuous improvement of trading technologies, and financial innovations.
• He stated that the consortium is expected to establish 1,000 agro centres with service providers across the country.
• Before choosing a brokerage app, investors need to weigh their options and consider the benefits and breaches of each one.
• He added that even when roadside traders were handled strictly by constituted authorities, residents would be the first to tackle the government that the traders were being deprived of their livelihood.
• This is as while the increase in the number of deals indicates active participation, the reduced liquidity could, in the long run, impact market efficiency and price discovery.

Speaking on the increase in its customer base she stated that Pocket now has a 2 million user base and it’s likely to reach 5 million users before the end of the year. According to Eweniyi, Big brother affords us a massive platform to build up our user base and attract more merchants because the reality Tv show was so commercial, Abeg was able to achieve that. Pocket (formally Abeg) has emerged as the headline sponsor in the season 7 “level up” edition for the second time to boost its brand to the enabling market. EyeSyte Pan-Tilt-Zoom (PTZ) security camera comes with a range of benefits over fixed security cameras.

This is another downside of the technology in trading is the difficulty of detaching yourself from the news and changes. Many traders are glued to their screen (whether laptop, desktop or mobile) for hours and hours. The best traders are those that spend quality time online and place their investments efficiently and carry on with the rest of their day. We can’t stretch the importance of having discipline enough – without discipline, you’ll spend more time on trading platforms and apps which is going to have an impact on your mental health. Copy trading platforms are user friendly making it accessible to people with varying knowledge of trading requiring even those with no prior knowledge about trading, making it a great option for inexperienced traders. Novice traders can also participate in the financial market with limited knowledge by simply copying the trade or investment options of more experienced traders.

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.

Trading Justice: Clarity in Complexity

Copy trading provides an avenue to garner knowledge by simply observing the strategies and decision making process of successful investors. These need to have at least two years of experience working in the financial sector, must own at least €500,000 in assets, and have at least ten open trades per quarter with at least €150 investments each. The stock market contains many complex trading options that surpass the simple buying and selling of individual stocks. These asset derivates offer us exciting all or nothing investments and allow us to profit from negative market movements as well as rising values.

Trading Justice: Rates, Robots, & Reality Checks

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. These apps automatically play videos as you scroll through your feed, which can consume a lot of data.

Pocket Option offers a demo account for testing purposes and apprentices so they can master the trading craft and help minimize risk. The facility provides a library of technical indicators, signals, and charts that can help stakeholders identify trends in the market and decide how to open or close their positions. The brokerage app also presents cashback and other benefits for a minimum-risk trading experience. Some programs allow investors to develop and implement trading approaches in a demo account before tackling the real-world stock market. Because of this innovation, shareholders can trade risk-free and polish their deals with virtual money.

Binance executive Tigran Gambaryan’s healthcare journey in Nigeria: What the records show

I have used this severally in the past year and have found it very convenient. It works so well, you can use it to pay for just about anything provided there is a P.O.S machine available for you to swipe. 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.

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

The CBN in a bid to defend the Naira against dollar took on this drastic measure. In fact, they also put a limit to how much Bureau De Change buy and sell Forex and who they sell to or buy from. Thankfully, these pressures and widening depreciation of the Naira is mostly in the parallel market. Had, Victor known about this he would have opted for one or some of the following options.

It also includes features like savings challenges and educational content, which makes it a good pick for Pocket Option Nigeria people just starting their personal finance journey. The app is clear, informative, and friendly to users who want global exposure but aren’t ready to pick individual assets without help. Monthly updates explain where your money is going and how the market is moving. ”The programme will also provide support to 150,000 rice farmers under the second phase to cover all the 37 states, including the FCT, with an expected output of about 450,000 metric tonnes,” he said.

• Whether you’re streaming your favourite shows, scrolling through social media, or downloading large files, the 9mobile data plan covers you.
• It works so well, you can use it to pay for just about anything provided there is a P.O.S machine available for you to swipe.
• Our current system, stitched into the 1999 Constitution, is a tailor’s nightmare, ill-fitting for a nation of 250+ ethnic groups and rich communal traditions.
• For Mama Nkechi, who sells vegetables near the Commercial Avenue end of Oyingbo, every space is paid for at the roadside market.
• Corruption festers unabated in this administration with whispers of an APC “rigging super-structure” ala INEC, security forces and the courts cast shadows over electoral integrity.
• However, be ready to incur huge exchange rate cost and quite frankly you have no one else to blame.
• Is actually a complete-fledged education membership and evaluate the platform as opposed to dangers and you may assets.

INVESTIGATION: How Chinese, Nigerian firms destroy miners’ hopes in Benue

Copy trading allows investors to diversify their portfolios by following multiple traders across different asset classes. This diversification in turn helps reduce risk and impact of market volatility on overall returns. Copy trading simply involves a trader copying the footsteps of another trader. In other words, copy trading usually involves less experienced traders copying the same trade of more skilled or experienced traders. An asset list tells you which assets you can use to base your binary option trade on. Make sure the assets you are interested in are part of your broker’s service.

Most popular tools for online trading, such as MetaTrader 4 and 5, have sleek mobile versions. 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. Today, when the economy is effectively put on hold due to COVID-19, its appeal is even stronger.

• MTN offers truly unlimited broadband plans through FibreX, delivering seamless, high-speed connectivity without limits.
• 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.
• 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!
• 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.
• You can download the Blackmagic Camera Control app for your iPad or use third-party apps such as Bluetooth+ or tRigger on your iOS and Android devices.
• The trading turnover rate was over $500 billion, with at least 100,000 active users, each contributing an average monthly income of $850.
• 24/7 access to medical experts equipped to give you quality healthcare at your convenience.

How To Convert Bitcoin To Naira With Breet App

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. Online brokers and brokerage apps safeguard your financial information as you journey into the market system and perform your trades, hoping for gains, so knowing how to choose the best one is crucial. It is an educational platform which enriches by learning from experienced traders. It provides learning opportunities for both novice and even experienced traders.

“I sell electronics, but do you know that some guys too hawk small electronic gadgets? Before customers call at my shop, they would have patronised these street traders. That is one of the problems facing those of us who are shop owners here in Oyingbo. Secondly, how can someone verify that the money these traders pay ends up in government purse?

Saving is often the first step before investing, and PiggyVest helps build that habit. It allows users to automate savings, set lock-in periods, and earn interest that beats most traditional banks. Through FXTM Trader, it is easy to keep track of price dynamics, and adjust positions accordingly. Mr Kyari said that a ginger master plan was developed to facilitate self-sufficiency and promote exports for foreign exchange earnings. 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.

They have however charted their different paths to the different destinations. “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.

The strict regulations in Nigeria make obtaining a license challenging for scammers. It is essential to be aware of the risks involved when working with unregulated brokers. Maybe it’s Exness for forex and gold exposure, PiggyVest for savings discipline, and MT4 to level up your trade execution.