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 1 of 37 1 2 3 11 ... LastLast
Results 1 to 10 of 365

Thread: Latest Nigerian News from Forex Forum Nigeria.

  1. #1
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Post Latest Nigerian News from Forex Forum Nigeria.

    Dear forum members,
    Me and my colleagues are going to provide you with the latest Nigerian News. Visit this section of forum to view daily Nigerian news to boost up your knowledge.

    Source: Nigeria-forex.com

  2. <a href="http://www.mt5.com/">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  3. The Following User Says Thank You to rasheed85 For This Useful Post:

    Chelpati rao (12-21-2016)

  4. #2
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Terminal Handling Charges at Seaports

    The Ghanian Ministry of Transport has directed that Terminal Handling Charges (THC) should not be charged by anybody as local charge at any of the country’s ports.

  5. The Following User Says Thank You to rasheed85 For This Useful Post:

    Chelpati rao (12-21-2016)

  6. #3
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Patience Jonathan writes Magu, says $31.4m was for her medical bills

    Former First Lady, Dame Patience Jonathan, has written a letter the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) explicating that the $31.4 million connected to the financial fraud levelled against Mr. Waripamo Dudafa by EFCC was for the payment of the medical bills she incurred in London in 2013.

  7. #4
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    7 big mistakes that led to economic recession of Nigeria.

    1. Inability of the previous administration to save for the rainy day.

    Minister of Finance, Dr. Ngozi Okonjo-Iweala, has blamed the country’s present economic situation on the zero political will of the immediate past government to save for the rainy day.

    2. The activities of militants and pipeline vandals.
    Pipeline vandalism has reduced the country’s oil production from 2 million to less than 800,000 barrels per day.

    3. Tightening of Foreign Exchange Transactions.
    The policy has made it difficult to acquire dollar to purchase foreign goods for local consumption. This has thrown thriving businesses into turmoil which led to massive sacking of workers and manufacturing slowdown.

    4. Unguarded Utterances During Foreign Trips.
    The utterances which the president made recently gave the impression that Nigerians are corrupt which may be one of the reasons foreign investors are hesitant about coming into Nigeria to invest.

    5. Elimination of some the policies made by previous administration.
    It is on record that even though the PDP-led governments were corrupt, they made some major strides in diversifying Nigeria’s economy. For example, agricultural export came to life under PDP.

    6. Budget signing delay hurting economy.
    The delay in signing the 2016 Appropriation Bill into law by President Buhari has worsened the economic crisis currently facing the nation.

    7. Nigeria’s over-dependence on foreign products.
    One of the factors that has led Nigeria into economic slavery is because it feeds on imported food, lives on foreign finished homes, clothe with imported garments.
    This factor has made Nigeria to spend more than it generates into the economy.

  8. #5
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Nigerian president Buhari to meet Obama over economy and security



    Nigeria President, Muhammadu Buhari will on Tuesday in New York, meet with president Barack Obama on the sidelines of the US leader’s final appearance at the Assembly session.

    The 71st UN-General session is expected to open on Monday.

    This will be Buhari’s second appearance since he came to power on May 29, 2015.
    Attached Images

  9. The Following User Says Thank You to rasheed85 For This Useful Post:

    Chelpati rao (12-21-2016)

  10. #6
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Sanusi urges Nigeria to stop importation of local goods

    – Emir Sanusi sya development of local industry is important

    – The emir of Kano says Nigeria must understand current economic situation

    – He expresses optimism in the future of the country

    Emir Muhammadu Sanusi of Kano has said that in order to create jobs and boost local industry, Nigeria must stop the importation of the things it has.

  11. #7
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Nigeria plans N4.72 trillion stimulus for troubled economy

    The Federal Government is considering an ambitious $15 billion (N4.72 trillion) fiscal stimulus plan to reflate and pull the economy from the current recession.

    Following the National Bureau of Statistics (NBS) recent official confirmation that Nigeria’s economy had slipped into one of the worst recessions in its history, the government convened a ministerial retreat last week to rally economists’ opinions on possible way out of the doldrums.

    One of the key resolutions at the retreat was a four- pronged funding plan to generate and inject massive foreign capital, estimated at between $10 and $15 billion (about N4.72 trillion – at N320 to the dollar) into the economy.

    The Minister of Budget and National Planning, Udoma Udoma, said the stimulus plan would be funded majorly through sale of some national assets, advance payment by joint venture operators for license renewals, infrastructure concessions, use of recovered funds etc, and long term, low interest loans to bridge funding gap.

    In line with the external borrowing plan approved recently to enable government borrow cheapest available monies to fund key ongoing projects, the Minister of Finance, Kemi Adeosun, said on Friday plans had been concluded to raise additional $1billion through Euro bond capital raise.

  12. #8
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    IBM to partner Nigerian firms on IT Infrastructure development


    A United States-based Multinational Technology Company, International Business Machines Corporation (IBM) has disclosed plans to partner with some Information Technology firms in Nigeria in the development of the sector.

    Senior Vice President IBM Systems, Tom Rosamilia in a brief chat with The Guardian at the ongoing 2016 Edge Conference in Las Vegas, USA, observed that Nigeria has a huge market considering its population adding that it is an interesting business market for the company which intends to partner with some firms in Lagos to develop the market.

    Rosamilia noted that Africa is a huge continent with diversities, stressing that the IT infrastructure gaps in the Continent presents a lot of potential for investors, adding that IBM opened a research laboratory in Nairobi, Kenya in order drive innovations in Africa and also use technological solutions there to create products for other markets.
    Attached Images

  13. #9
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Reviving Nigeria’s Economy: Experts set agenda for 22nd Nigerian Economic Summit

    The grave misdeed of too much dependence on sale of crude oil for revenue generation cannot be overemphasized, this is why, when oil prices fell from more than $100 a barrel to about $40, the naira lost more than a third of its value and is still falling.

    For the foreseeable future, signs abound that the price of oil will remain low, not only because of oversupply in the market but also as a result of several other indices, green technology is catching up both in cost and efficiency, also manufacturing, ICT, agriculture and other viable alternatives to oil are been embraced around the world as part of efforts to create a stable economy in order to withstand global uncertainty.

    As a huge consumption economy, Nigeria is definitely paying a costly priceof been unable to feed itself, resulting in undesirable economic growth, dwindling foreign reserves, stress in balance of payment and a constant mounting pressure on local currency exchange rate relative to major currencies.Commendably, discussions on diversification have been held at virtually all economic and business sessions in the last few years, with many conclusions on the need to consciously adopt the change in Nigeria alternative.

  14. Fb
  15. #10
    Supper Moderator
    ----
     
    rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85 is a glorious beacon of light rasheed85's Avatar
    Join Date
    Jul 2012
    Posts
    2,710
    Thanks
    123
    Thanked 432 Times in 262 Posts

    Stock market report for september 23rd, 2016.

    A turnover of 4.331 billion shares worth N16.803 billion in 16,797 deals were traded this week by investors
    on the floor of the Exchange in contrast to a total of 611.527 million shares valued at N5.495 billion that
    exchanged hands last week in 9,650 deals.

    The Financial Services Industry (measured by volume) led the activity chart with 4.177 billion shares valued
    at N9.788 billion traded in 9,805 deals; thus contributing 96.45% and 58.25% to the total equity turnover
    volume and value respectively. The Consumer Goods Industry followed with 65.533 million shares worth
    N5.017 billion in 2,855 deals. The third place was occupied by the Conglomerates Industry with a turnover
    of 31.751 million shares worth N125.102 million in 594 deals.

    Trading in the Top Three Equities namely – Great Nigerian Insurance Plc, FCMB Group Plc and Diamond
    Bank Plc (measured by volume) accounted for 3.299 billion shares worth N3.704 billion in 1,308 deals,
    contributing 76.18% and 22.04% to the total equity turnover volume and value respectively.

+ 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.