Tag: Business
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Effect of Global Oil Crisis
The war in Ukraine is setting into motion the first global energy crisis of its kind, and nations around the world should respond by reducing their use of oil and gas, the leader of a key international organization warned on Friday. The International Energy Agency, which was formed in the wake of the 1973 oil […]
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Who’s to blame for the rise in global gas prices
Gas prices around the world have soared in the weeks since Russia invaded Ukraine. But the fuel supply in many places hasn’t actually changed yet, so what’s causing the rise in prices?
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Six businesses that can earn you up to N30,000 daily
You will agree that your salary is never enough to get you through the month. You plan your budget well and then something unplanned comes up and you have to spend out of your planned budget and this shrinks your salary even further. We see how the cost of goods and services are taking a […]
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TECHNICAL ANALYSIS
TRADING SPOTLIGHT Every day we analyse market trends, select the most newsworthy assets, and prepare technical analysis on them—to help you reduce risks and get prepared. ALL XAUUSD EURUSD Keep XAUUSD in sight What happened earlier XAUUSD trades at 1,984.70. The pair dropped by more than 4% yesterday due to the UAE’s statement on increasing […]
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CBN said it has disbursed N368.79 billion to Households & SMEs
The Central Bank of Nigeria (CBN) said it has disbursed N368.79 billion to over 778,000 comprising of 648,052 households and about 130,000 Small and Medium Enterprises (SMEs). It also said 4,478,381 smallholder farmers who cultivated 5.2 million hectares of farmland across the country and created 12.5million direct and indirect jobs had received N948billiin under the Anchor Borrowers’ programme(ABP). CBN Director, Corporate Communications Department, Osita Nwanisobi, stayed these at […]
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BREAKING: Naira Falls Massively First Day Of March 2022 As FX Demand Surges
The dollar to the naira exchange rate at the parallel market better known as the black market depreciated on Monday to close at N580/$1, representing a 1.22% decline compared to $573/$1 recorded in the previous trading session, the same rate it opened the market with on Tuesday morning, March 1, 2022.
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