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BUSINESS

See the common terminologies used by gurus in forex trading

Forex trading is the biggest financial markets in the world. It is the short form of "Foreign Exchange". It is also known as currency exchange or simply "FX". Every profession in the world has it's own language and forex trading as well as other professions has it's own unique language and terminologies. The common terminologies used in FOREX TO GO LONG: This means to BUY. If a Trader tells you that he went Long on a Currency pair. He meant that, He Bought that currency pairs. TO GO SHORT: This means to SELL

  2 years ago ago
See the common terminologies used by gurus in forex trading

CRIME

Checkout this Forex Trader arrested by EFCC for not fulfilling Promised 35% Monthly ROI to a Client

The Kano State Economic and Financial Crimes Commission, EFCC has arrested a Foreign Exchange Trader for falling to fulfill his 35% promised Return on investment. Source:Google The Kano State Forex Trader identified as Mr. Abubakar Ibrahim who had failed to fulfill his promise to a client who invested 7.6 Million Naira expecting a 30-35% return in investment. His failure to keep to his promise prompted his arrest by the EFCC to help recover the invested amount. The commission who had arraigned the Suspect in

  2 years ago ago
Checkout this Forex Trader arrested by EFCC for not fulfilling Promised 35% Monthly ROI to a Client

BUSINESS

Secret to unlimited potential daily income through forex trading

It’s unfortunate that majority still considered Forex as scam. I had Forex about 10years ago but it”s unfortunate that nobody to put me through or mentor me then. It”s existence till now makes it legitimate, if you are still there to hesitate. The more information you have , the more money you are likely to make if you take action because information brings about transformation nothing else.What is Forex? It simply means Foreign Exchange. Do you know that as you buy food and sell and make your profit so

  2 years ago ago
Secret to unlimited potential daily income through forex trading

BUSINESS

Meet a 16 year self-taught Forex trader who turned £150 into more than £60,000 in less than a year.

Please follows us for more news and updates. Edward at his London home (Picture: SWNS) Edward Rocketts, who says he was just 16 when he spotted a Foreign Exchange Marketer boasting on Instagram about how much he was making and shows of his flash cars and designer clothes etc. when the 16 years collage boy Edward asked him for tips, he was told that without formal training never succeed. Edward, from Tottenham, London believes he is the UK's youngest #Forex trader and says he doesn't know any trader of his age

  2 years ago ago
Meet a 16 year self-taught Forex trader who turned £150 into more than £60,000 in less than a year.

ENTERTAINMENT

"Biggie, don't put me on same team as Maria, She has a negative energy and vibe" - Whitemoney says

Big Brother Naija Season 6 housemate, Whitemoney has expressed resentment at fellow housemate, Maria over her negative energy during team activities. This frustrations came after his team, Team Foreign Exchange Stout lost during yesterday's Guinness music presentation task, after scoring a total of 21 points, and taking second place, with Team Gold winning the task with 23 points.

  1 year ago ago

BUSINESS

5 Most Lucrative Skills For Student And Graduate

Year 2020 is full of lots of issues, like the outbreak of the Covid1-9, which have cause a break down in the world economy. In other to save our selves from abject poverty, here a top lucrative skills you can learn. 1. FOREX Forex is an acronym standing for Foreign Exchange. It is an online based market where currency pairs are exchanged. Anybody can trade FOREX. The gadget that it is mostly required are, phone,tablet and laptop and high speed internet. Forex traders make large profits.Although you may also

  2 years ago ago
5 Most Lucrative Skills For Student And Graduate

ECONOMY-FINANCE

Foreign Exchange: Naira makes strong start to the week

At the official market, the naira has a strong start to the week. The legal market for Nigerian currency is starting the week on a positive note, as the Central Bank of Nigeria (CBN) increases efforts to decrease the relevance of black-market traders. The exchange rate between the Naira and the US dollar is commencing the week at N412.88/$1 at the official Investors and Exporters window, according to data received from FMDQ securities.

  1 year ago ago
Foreign Exchange: Naira makes strong start to the week

ECONOMY-FINANCE

The CBN's Reduction To A 'Ban' Agency: Is It To Sustain The Economy or Empower Crony-Capitalists?

It is sad if not pitiful that the Central Bank of Nigeria (CBN) saddled with the responsibility of overseeing the nation's Fiscal and Monetary Intervention Affairs and Policy has been reduced to an agency whose primary assignment is banning certain products(Sugar, Wheat, etc.) from being traded in the Foreign Exchange (Fx) market and stifling the Naira. And for whom, if the question could be begged? In truth, the CBN argues that banning the said products and goods from being imported would charge the local production

  1 year ago ago
The CBN's Reduction To A 'Ban' Agency: Is It To Sustain The Economy or Empower Crony-Capitalists?

ECONOMY-FINANCE

At Last CBN Stops Forex Sales To BDC For Aiding Crimes, Illicit Flow Of Cash

The Central Bank of Nigeria (CBN) has finally clamped down on Bureau de Change (BDC) months after 400 of its operators were fingered in sponsoring the deadly Islamic terrorist group, Boko Haram. In April this year, the federal government confirmed the arrest of 400 BDC operators for funding Boko Haram but till date, nothing has been further heard of them and no report of their trial.

  1 year ago ago
At Last CBN Stops Forex Sales To BDC For Aiding Crimes, Illicit Flow Of Cash

ECONOMY-FINANCE

The N300M This Late 19-Year-Old Boy Lost To Forex Was Not His Entire Money, Read What Happened

People venture into things they do not have a grounded knowledge of and even if one is well informed, there are some risk factors associated with every business. The report of a 19-Year-Old student who committed suicide after losing N300M to Forex has been trending for hours now after Sahara Reporters made the official report. Forex which stand for Foreign Exchange is a risky thing to do which has zero tolerance for greed. The deceased is a Student of the Department of Agriculture, University of Ilorin (UNIILORIN)

  1 year ago ago
The N300M This Late 19-Year-Old Boy Lost To Forex Was Not His Entire Money, Read What Happened

ECONOMY-FINANCE

Reasons Why Nigerians Are Embracing Forex Trading

What is Forex Market?The Foreign Exchange market, also known as the Forex market, facilitates the buying and selling of currencies around the world.Like stocks, the end goal of Forex trading is to yield a net profit by buying low and selling high.The Foreign exchange market (Forex, FX, or Currency Market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.

  1 year ago ago
Reasons Why Nigerians Are Embracing Forex Trading

SOCIETY

EFCC traps 3.1million Saudi Riyal at Abuja Airport, detain suspects

Tension In Abuja Airport As Two Men Were Caught Doing This. EFCC traps 3.1million Saudi Riyal at Abuja Airport, detain suspects Two people were barbecued by agents of the Foreign Exchange Malpractices Section of the Economic and Financial Crimes Commission (EFCC) following their capture over the capture of 3,013,500 Saudi Riyal on Monday, February 1 at the Nnamdi Azikiwe International Airport, Abuja.  The cash, fixed in earthy colored envelopes and moved in prominently 'Ghana should go' sacks, was caught at

  1 year ago ago
EFCC traps 3.1million Saudi Riyal at Abuja Airport, detain suspects

BUSINESS

Are you looking for other streams of income?

One Secret of the Rich you may not know is that the do not work for money but instead they make money work for them. Another Secret is that they recognize the difference between assets and liabilities and they buy assets and sell liabilities. You may be looking for other streams of income but the best and sure stream of income is putting your money to work. Some people prefer working in a job that won't mind replacing them if they are sick and they have the constant fear of not pleasing the manager. The best

  2 years ago ago
Are you looking for other streams of income?

ECONOMY-FINANCE

8 Risks Most People Don't Know About Forex Trading and why it's confused with Scam

Before you go into foreign exchange (Forex) trading, have you thought about the risks involved? Most people loss money on the forex market because they don't know the basics and they blame it on people or the forex market for scamming them off their hard earned money. Because of all these, I have outlined 8 Risks most people don't know about the Forex Trading Market. But before I go into the main purpose of this article, let me explain the concept of Forex to people who don't know about it. Forex, or foreign

  1 year ago ago
8 Risks Most People Don't Know About Forex Trading and why it's confused with Scam

BUSINESS

Learn Forex online for 2 months, get a certificate and trade successfully.

Since the outbreak of the covid 19 pandemic, lots of businesses stopped and many lost their jobs. That has shown many people the need to have a 'plan B' gateway and the essentiality of online source of income which can hardly be influenced by a pandemic or lockdown. In our research we discovered that lots of people who have been successful online are traders in Foreign Exchange (Forex). Still yet, the problem that most people encounter in Forex is amateurism and lack of capital for trade. Today we will be dealing

  2 years ago ago
Learn Forex online for 2 months, get a certificate and trade successfully.

ECONOMY-FINANCE

Do you want to be a successful Forex Trader? See what you need to know.

Incase you don't know what forex means, it simply means Foreign Exchange. The "FOR" stands for foreign while the "EX" stands for Exchange. Information rules the world, believe me or not, the information you operate on determines your outcome. So it is in forex trading, the Information you plan and execute trading with determines how successful you will be in trading forex. So, What makes you a successful Forex Trader? Information makes you a successful Forex Trader. Quality Information, not junks. Note, what

  1 year ago ago
Do you want to be a successful Forex Trader? See what you need to know.

BUSINESS

Foreign Exchange Market Is Different From The Stock Market

The foreign trade market is otherwise called the FX market and the forex market. Exchanging that happens between two provinces with various monetary standards is the reason for the fx market and the foundation of the exchanging this market. The forex market is more than thirty years of age, set up in the mid 1970s. The forex market is one that did not depend on anybody business or putting resources into any one business, however the exchanging and selling of monetary standards.  The difference between the stock

  2 years ago ago
Foreign Exchange Market Is Different From The Stock Market

COVID

Invest in Real Sector: Olabinjo Advised Nigeria.

Skystone Capital and Investment Limited's Managing Director / Chief Executive Officer Mr Ola Olabinjo has asked Nigérians to seize the opportunity of conventional fixed-income securities provided by relatively low yields, and to divert their resources to the real sector to encourage job creation, drive double-digit returns on investments and boost economic activity. According to him, this will accelerate the revolution to revive the economy of Nigeria, which has been hit hard by the twin problem of exchange

  2 years ago ago
Invest in Real Sector: Olabinjo Advised Nigeria.

BUSINESS

Check Out 8 Things To Know Before Trading The FOREX Markets!

What Exactly Is FOREX? FOREX is basically, an acronym for 'Foreign Exchange'. The foreign exchange market, an international market with over $5 trillion dollars in daily trading volume, is a platform where financial assets like Currencies, Stocks, Metals, Energy are exchanged for the purpose of gaining profits within a given period of time, in a bid to make profits. For instance, to further explain Foreign Exchange is all about, if I deal on cars and I want to purchase 100 BMW cars from its company in Germany,

  2 years ago ago
Check Out 8 Things To Know Before Trading The FOREX Markets!

BUSINESS

Giving Up the Day Job to Become A Full-Time Trader?

And honestly? One of the most difficult obstacles I've had to overcome in all my life. At the start, the losses were huge and they were real! But through sheer determination and undying persistence, I seem to have made it through to the other side. Working from home and being my own boss as opposed to the traditional 9 to 5? Mmmm, I think I'm quite alright where I'm at now, thanks... Even though my academic background is in computing and IT, it all took a back seat when I first discovered Forex (Foreign Exchange)

  2 years ago ago
Giving Up the Day Job to Become A Full-Time Trader?