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“For instance, the state government is currently cleaning up Ikoyi and Victoria Island. When officials of the government try to arrest these traders, the residents in that axis would quickly open their gates for them to run in and hide. And the next thing the residents would ask you is ‘what is it now, don’t you want them to survive? What do you want them to eat with their families when there is no job.’ It’s not as if government is not doing anything, but many times, residents are the first to attack the government when there are moves to enforce the ban on street trading.

However, the downside is, whether you make profits or suffer losses, you still owe fees, this further eats deep into your pocket . To trade, we need a good broker and some background knowledge on trading and the assets of our choice, to make informed decisions. You can also explore investment options inside the app once your savings routine is established. From simple plans to fixed-income products, PiggyVest is ideal for beginners who want structure without sacrificing flexibility.

Should Nigerians Worry about Faceless Money Apps?

Check their website or app regularly for special deals and data boosts that can add fuel to your nocturnal internet fire. The program is currently available for Windows, iOS, and Android devices, encapsulating flexibility for various investors. Stakeholders may seek guidance on the agency’s Telegram and utilize its comprehensive tutorials for tips and tricks on trading in the stock market. Traders can use the app’s social trading aspect, which enables them to copy the successful trading techniques of experts in the field.

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Also included are justice sector reform, support to free and fair elections and regional cooperation.
For beginners, Exness offers straightforward onboarding, demo accounts, and an intuitive dashboard.
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.
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.
You had to literally go to the stock exchange market (a physical place) to be able to trade.

There should be a law stating that fintechs and other money apps operators should have effective communication channels, not chatbots that respond and attend to customers’ plight. Despite some of these disruptions, resolving issues of failed transactions, withdrawals, and prompt customer service remains a dilemma. An excruciating experience that no customer whose funds are trapped shouldn’t experience. No doubt, these startups have disrupted traditional banking methods—anyone can open up a financial wallet or bank account without necessarily visiting any physical shop or leaving their houses. Samuel deposited $150 on Pocket Option through a bank transfer ($50) and through Binance, the largest crypto exchange platform ($100) to start trading. In his contribution, Honourable Rasheed Makinde, representing Ifako-Ijaye Constituency 2, admitted that the Okokomaiko area needed desperate measures in curbing excesses of the road traders, commercial bus drivers and okada riders.

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That’s right but for the last few years you can trade online via a mobile app. The vast majority of online trading platforms have their own mobile apps that are compatible with Android and iPhone, so whichever the operating system of your mobile phone is, you can install such apps on your phone and trade on the go. Before choosing a brokerage app, investors need to weigh their options and consider the benefits and breaches of each one. These financial platforms store sensitive data, so you must be careful about which one you select. Pocket Option is viable for settling into the investment world with a safe trading experience. For investors that are interested in trading forex and options, this broker is particularly useful.

Trading Justice 575: Understanding Market Corrections

Therefore, I see the N100 I am mandated to pay as part of the cost of doing my business. And in a way, the money will still be borne by the buyers,” a seller of smoked fish, said in a chat with Saturday Tribune. A couple of traders at the Agege Railway area of Lagos claimed that the payment of “a token” of N100 per day was nothing compared to the amount of money they would have had to pay for the same amount of space under normal circumstances. They said they were, therefore, okay with the arrangement and they were not really bothered about whom the collectors remit the money to.

Time in the market

It was 4th of October 2021 when Facebook (along with WhatsApp) went down for more than 7 hours. If this has happened to such a tech giant, any other online platform can witness a similar incident. Visit eateries, BRT buses, or even your friendly neighbour’s hotspot during the day to handle tasks like email, social media checks, or light browsing. The FinTech and IT specialists behind Pocket Option are passionate about implementing features and listening to their customers’ suggestions.

Data Plans

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.

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As such, a lot of online purchases that you need to make locally or when abroad can be done from the comfort of your hotel room using your laptop. For example, I purchased an item from an online platform for $10.17 and was charged the Naira equivalent of N1,619.70 which translates to an exchange rate of N159.2/$1. Apart from saving from exchange rate cost you also save time and convenience. Areas of mutual interest and concern for intensified dialogue include peace and security, migration, good governance and democracy, human rights, trade, and regional integration, among others.

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.

Access the University

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. Instead of reacting emotionally to the market, you’re following logic, backed by your own analysis.

Follow these tips and also you’ll have the ability to properly log into Wallet Option to initiate benefiting from locations international. Pocket Choice is the leading online trade system that gives binary possibilities, Forex, cryptocurrencies, brings, merchandise and you can indicator trading. With complex charting products, versatile expiry times, and lower lowest trades, Wallet Option provides an user-friendly and show-rich trading feel.

The Minister further revealed that the government had commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at a subsidized rate of N40,000 per 50-kilogramme bag, with the exercise set to take place across the country. He stated that the consortium is expected to establish 1,000 agro centres with service providers across the country. At Premium Times, we firmly believe in the importance of high-quality journalism. 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. This is to say that many of the poster states in the East Asia like Malaysia, Singapore, and emerging powers like China and India and other BRICS countries were in the same league with Nigeria a few decades ago.

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It also offers highly customizable charts and trading signals to assist you in your experience. You may opt to use the demo account to give the online investment platform a try. With Quotex, you’re able to invest in forex, commodities, and some indices. Your obtained’t have to wait miss the new deposit or detachment procedure as done. The working platform’s program is as intuitive you could and you will recalls their past procedures.It is worth listing that Pouch Alternative have an incredibly beautiful framework and you may affiliate-amicable interface.

Trading Justice 576: Market Maelstrom

But scrapping the Senate saves billions yearly, and regional parliaments also cost less than State Assemblies. Long-term, regions funding themselves, think Enugu’s tech or Kano’s trade could slash federal spending, while fair elections and less corruption save even more. This model’s sweat today could mean plenty tomorrow, making it leaner than our current bloated system.Dr. Olisa Agbakoba, a legal luminary, shares this vision, proposing a Consociational Democracy with cooperative federalism and rotational presidency. His model, lighter on specifics, avoids the cost of regional parliaments and PR but lacks the teeth of anti-defection laws or independent commissions to cage opportunists.

Law and jurisdiction

“250,000 hectares of land will be cultivated with an expected output of about 750,000 metric tonnes of wheat, which is to be added to the food reserve to reduce dependence on the importation of the product and also increase domestic consumption. 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. Olaopa also highlighted developments in the maritime sector which according to him, has shown significant growth with increased revenues accruing to the national treasury. Noting that efforts to improve maritime security and safety had yielded significant positive results, he said that the upgrade of ports infrastructure including Apapa and Tin Can Island ports had translated to commendable operational efficiency. Nigerians will need to start pondering if it is worth dealing with faceless apps that could collect public funds with nothing to hold on to in the case of fraud or other issues.

Copy trading allows investors to diversify their portfolios by following multiple traders across different asset classes. This diversification in turn helps reduce best forex trading app by Olymp Trade 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.

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.

He said that the consortium was expected to set up 1000 agro centres with service providers across the country.
The EU also supported Nigeria by providing food and basic items to those most in need and to people with disabilities.
Because of this innovation, shareholders can trade risk-free and polish their deals with virtual money.
At the onset of the pandemic in Nigeria, the EU rapidly mobilised €50 million to help the country’s national response.
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It takes around a minute to start this process through the setup windows on a new iPhone.

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Business Post reports that at the close of trades, a total of 39 stocks ended on the gainers’ table and 28 stocks finished on the losers’ chart, indicating a positive market breadth index and bullish investor sentiment. Further, the industrial goods space appreciated by 0.95 per cent, the energy index rose by 0.41 per cent, the banking counter improved by 0.30 per cent, the commodity space soared by 0.29 per cent, and the insurance sector advanced by 0.11 per cent. Pocket Option does not possess regulation in Nigeria, but it has established a positive reputation and reliability among traders. While it may lack a Nigerian financial license, many traders in Nigeria still choose to work with the broker due to its attractive conditions. However, caution should be exercised when dealing with unregulated companies. Every trader eventually needs a good charting tool, and TradingView is one of the most widely used platforms for that.

It allows one display progress, look at analysis, in addition to set up automated trading purchases copy of your own extremely winning traders.
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The Robinhood app also has an education section where you can learn more about trading from the latest tactics to strategies top traders implement in their trading.
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That’s right but for the last few years you can trade online via a mobile app.
The transaction amount and also the made money are instantly put in your account equilibrium.
The Nigerian Exchange (NGX) Limited was further strengthened during the trading day by 0.27 per cent as appetite for Nigerian stocks increased.
P.O.S Machines – For frequent shoppers abroad, the era of paying for your purchases via cash may soon be over as most shops, malls, hotels etc. all accept Nigerian Debit or Naira cards (Mater Card/Visa).

The lawmaker urged relevant agencies, particularly LASTMA, to ensure free flow of traffic in the area. 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. 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. For Mama Nkechi, who sells vegetables near the Commercial Avenue end of Oyingbo, every space is paid for at the roadside market.

Trading Justice 537: Smells like Rotation

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.

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.