photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 53 of 53 FirstFirst ... 3 43 51 52 53
Results 521 to 526 of 526
Thread: World News from Forex Forum Nigeria.
  1. #521
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    Over 800,000 traders now beneficiaries of Tradermoni – Osinbajo

    Vice President Yemi Osinbajo has revealed that a total of 809,000 traders are currently beneficiaries of the Federal Government’s N10,000 interest free loans to traders, otherwise known as Tradermoni.

    Osinbajo made the disclosure as he witnessed the disbursement of the loans to petty traders in Ketu, Bariga and Oshodi markets in Lagos yesterday.

    According to the vice president, the Buhari administration’s TraderMoni scheme, which has so far given N10,000 collateral and interest-free loans to 809,000 beneficiaries of TraderMoni, over 1.1 million Nigerians – market women, traders, artisans, farmers – are currently beneficiaries of the Government Enterprise and Empowerment Programme (GEEP), which comprises FarmerMoni, MarketMoni and TraderMoni.

    “Under the TraderMoni scheme, beneficiaries can get access to a higher facility ranging from N15,000 to N100,000 when they repay N10,000 within the stipulated time period,” Osinbajo said.

    The Executive Director of Bank of Industry, Mrs. Toyin Adeniji, explained that while FarmerMoni loans start at N300,000 and are for farmers in farming clusters, via farm aggregators, MarketMoni is a six-month interest-free credit of between N50,000 and N300,000 for small businesses – medium-scale traders, market women, artisans, and youth in market associations – under the auspices of their cooperative societies.

    The Chief Operating Officer, GEEP, Uzoma Nwagba said the scheme aimed at assisting petty traders across the country expand their trades.

    He said the initiative is about including those at the grassroots, and uplifting Nigerians at the bottom of the pyramid, considering the contribution of petty traders to economic development.

    One of the beneficiary traders, Bola Okanlawon, who sells fruits, appreciated the Federal Government’s gesture which, she said, will assist her to procure more fruits and re-package for her customers. “I’m happy to be a beneficiary of the loan. Now, I can re-package for my customers and make more sales,” she said.

  2. <a href="">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  3. #522
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    UK watchdog proposes review of 150,000 loan insurance complaints

    Banks in Britain should review 150,000 rejected complaints about payment protection insurance (PPI), the Financial Conduct Authority proposed on Wednesday.

    Banks have paid out more than 32 billion pounds ($42.13 billion) in compensation for complaints about mis-selling PPI in Britain’s costliest consumer scandal, with Royal Bank of Scotland (RBS.L) setting aside another 200 million pounds last month.

    The FCA has already set a deadline of Aug. 29 next year for compensation claims, using an animatronic head of actor Arnold Schwarzenegger in advertisments to urge people to claim.

    The watchdog issued final guidance on Wednesday on how banks should apply a Supreme Court ruling that said a bank’s failure to disclose at point of sale a large commission payable out of the PPI premium could be unfair.

    This has forced banks to also deal with complaints about the high level of commission they earned from some PPI sales

    “The proposed mailings will help certain consumers who have previously complained about regular premium PPI but been rejected to engage with our campaign and consider whether they want to make a new complaint about undisclosed commission before the deadline,” the FCA said in a statement.

    The FCA had already said that banks should assess whether they had properly disclosed commission at point of sale.

    It clarified on Wednesday that banks should also assess whether the commission was properly disclosed during the lifetime of the product and remind customers about the 2019 claims deadline.

  4. #523
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    Respect our choices, China's Xi says ahead of Trump G20 meeting

    China wants to resolve problems with the United States through talks but it must respect China’s choice of development path and interests, President Xi Jinping said on Thursday ahead of a meeting with the U.S. leader in Argentina.

    China and the United States have put tariffs on hundreds of billions of dollars of each other’s goods and U.S. President Donald Trump has threatened to set tariffs on the remainder of China’s $500 billion-plus exports to the United States if their blistering trade dispute cannot be resolved.

    Trump’s administration has also accused China of interfering in U.S. politics, charges China strongly denies, and the two have sparred over the disputed South China Sea and self-ruled Taiwan, which China claims.

    Still, Trump and Xi plan to meet on the sidelines of a G20 summit, which is being held in Argentina at the end of November and early December, for high-stakes talks as the two countries try tentatively to get ties back on track.

    Meeting former U.S. Secretary of State Henry Kissinger in Beijing, Xi said he and Trump would have a “deep exchange of views” in Argentina, the official Xinhua news agency reported.

    China and the United States should correctly judge each other’s strategic intentions, and while China wanted to resolve problems via talks, the United States should respect China’s choice of development path and legitimate interests, Xi added.

    Xi said attention should be paid to “the increase in negative voices related to China in the United States”, without elaborating.

    Speaking earlier, the Chinese government’s top diplomat, State Councillor Wang Yi, said Xi and Trump reached an important consensus on the healthy and stable development of bilateral ties in a telephone call last week.Their meeting at the G20 summit would be of “great significance” in resolving bilateral problems, Wang said.

    “That will be of great significance for both sides to manage differences effectively and resolve issues in a practical way,” Wang told reporters.

    Wang said China stood ready to work with the United States to remove disruptions, build trust and prepare fully for the meeting.

    “We believe that meeting will help chart the course for China-U.S. relations,” he said, following talks with Australian Foreign Minister Marise Payne.

    Wang added that the more complex the situation is, the more important it is for both sides to remain “level-headed”.

    Relations between the two countries have warmed since the Xi-Trump telephone call, laying the ground for their G20 meeting.

    In a further sign of improving ties, Chinese Politburo member Yang Jiechi and Defence Minister Wei Fenghe are set to hold a security and diplomatic dialogue with U.S. officials in Washington on Friday.

    Meeting U.S. national security adviser John Bolton in Washington ahead of those talks, Yang said on Wednesday that the two sides should “properly manage differences and carefully prepare to ensure positive results in the Argentina meeting”, China’s Foreign Ministry said in a statement.

    “China is committed to working with the U.S. to achieve a no-confrontational, conflict-free, mutually respectful co-operation in which both sides win,” added Yang, who heads the ruling Communist Party’s foreign affairs commission and outranks Wang.

    However, speaking in Singapore at a forum on Wednesday, former U.S. Treasury Secretary Henry Paulson said there was a risk of an economic “Iron Curtain” falling between China and the United States unless China carried out reforms and that some people in the United States would like to “divorce” China.

    Beijing can help avoid this happening by ending practices like forced technology transfers, and providing better protection for intellectual property, and by also genuinely allowing market forces to drive key decisions.

    “If China doesn’t move quickly, I suspect the calls for divorce will intensify,” Paulson said.

  5. #524
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    FTSE falls as Fed stalls election rally; miners sink on weak prices

    UK shares fell on Friday, ending two days of gains and taking their lead from weaker U.S. and Asian markets overnight after a hawkish Federal Reserve statement renewed worries about an imminent interest rate hike and weak metals prices weighed.

    The FTSE 100 .FTSE was down 0.6 percent by 1027 GMT, while the domestically focussed mid-cap index was 0.5 percent lower as negative sentiment on Wall Street and in Asia spilled over across European bourses.

    The blue-chip index was on track though for a small gains on the week as it continued to recoup ground lost in October.

    As the pace of earnings releases slows, investors focussed on news that U.S. Federal Reserve held interest rates as widely expected but indicated it was set for another rate hike in December despite worries about the U.S.-China trade war and political uncertainty.

    “Stock markets are lower this morning as fears persist about further interest rate hikes from the Federal Reserve,” said David Madden, market analyst at CMC Markets UK.

    Falling base and precious metal prices as the dollar strengthened and lingering worries about Chinese demand pushed mining stocks to the bottom of the bourse. Anglo American (AAL.L), Antofagasta (ANTO.L), Glencore (GLEN.L) and BHP Billiton (BLT.L) were all down more than 3 percent.

    The sector .FTNMX1770 was down 2.5 percent, the worst performing industry and on track for its worst day in a month. Weaker oil prices also dragged.

    SSE (SSE.L) shares fell 3 percent to their lowest in nearly two months after the energy supplier said it was renegotiating terms with Innogy (IGY.DE) on a proposed retail energy tie-up, reigniting concerns about the outlook for the UK retail market.

    Informa topped the leader board, up 2.7 percent, after confirming it’s on track to meet full-year targets and reported 3.9 percent sales growth in the first ten months of the year.

    AA (AAAA.L) was the second-biggest faller on the mid-cap, down 6 percent after Credit Suisse downgraded the stock.

  6. #525
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    Euro zone growth slowdown is a return to normal - ECB

    Euro zone growth is merely returning to normal after an exceptional 2017 and the slowdown is primarily due to weaker external demand, European Central Bank Vice President Luis de Guindos said on Monday.

    He added that negative market spillovers from Italy’s recent budget tussle were so far limited, and argued that Rome’s main problem was not high spending but weak growth, which can only be addressed through longer term, structural reforms.

  7. Sonata 19
  8. #526
    My charts talk to me!
    ----
     
    sweetfriends will become famous soon enough sweetfriends's Avatar
    Join Date
    Aug 2017
    Posts
    994
    Accumulated bonus
    770.86 USD
    Thanks
    5
    Thanked 50 Times in 47 Posts

    Vodafone lifts FTSE as trade optimism buoys markets

    The UK’s top share index rose on Tuesday helped by a rally in Vodafone (VOD.L) shares after the mobile operator announced further cost cuts and plans to lift cash flow.

    The FTSE 100 .FTSE index rose 0.2 percent by 1018 GMT, moving in line with other European equity markets which found support in hopes of progress in the U.S.-China trade dispute.

    The broader pan-European STOXX 600 was up 0.3 percent.

    Vodafone shares rose 6.8 percent to the top of the FTSE 100 after its new CEO Nick Read said he would reduce operating costs by 1.2 billion euros by 2021 and review its tower assets to drive higher returns.

    The group showed it was operating generally in line with analysts forecasts and said it would freeze the dividend until it reduced its debt pile, easing worries over a possible cut.

    “The reason why the share price is up today is upgraded guidance for free cash flow... Essentially it is the pot of money that is used to pay back debt and pay the dividend,” said Helal Miah, analyst at The Share Centre.

    “Having a bigger pot of money raises hopes that the dividend isn’t going to be cut,” he said.

    Gains in banks also helped drive the FTSE 100 higher with shares in HSBC (HSBA.L) and Lloyds (LLOY.L) trading up 0.7 and 0.6 percent respectively, while a fall in oil stocks on falling crude prices weighed.

    Elsewhere the focus was still on earning updates.

    Credit data company Experian (EXPN.L) said it expected full-year organic revenue to come in at the top end of its previous forecast, driven mainly by strength in its North American business. That sent its shares up 4.5 percent.

    Turnaround specialist Melrose (MRON.L) rose more than 4 percent after the said trading was in line with 2018 expectations.

    Among mid-caps, BTG (BTG.L) gained 8.8 percent after the healthcare service provider announced better-than-expected revenues and a positive outlook, while FirstGroup (FGP.L) also rose 8.8 percent after the transport group appointed a new finance chief and posted first-half results boosted by strong demand for bus travel across the United States and Britain.

    Some updates, however, disappointed. Housebuilder Taylor Wimpey (TW.L) fell 2.1 percent after a mixed trading statement.

    “Trading through the second half has been strong with sales rates around 8 percent ahead of the prior year. However, operating from a lower number of sites combined with a more cautious outlook for next year sees us trim our full-year 2019 volume expectations,” said Peel Hunt analysts in a note.

    Mid-cap discounter B&M (BMEB.L) tumbled 7.6 percent as underlying sales growth at the main B&M stores slowed in the second quarter.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.