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I’d like to start by expressing my gratitude for making the initial move to learn more about the stock market. There is a lot to learn about the stock market and a lot of information to process. The stock market…
Following the release of poor fourth-quarter forecasts and revenue and sales disappointments for its cloud division, Amazon (AMZN) shares plunged by over 20% in after-hours trading on Thursday. Following the bell, the e-commerce juggernaut released the following: Actual revenue was…
Investors of Airtel Africa Plc, one of the significant telecommunications company listed on the Nigerian Trade, again saw an enormous loss of about N609 billion yesterday, as the stock kept on merging its lead on the failures’ diagram because of…
The LUMI currency is the official currency of the African Diaspora Sub-Region. The currency is pegged by 4 grains of gold in equivalent of 0.2592 and solar energy. The official price of the LUMI digital currency as released by the…
CRYPTO: MicroStrategy has acquired 5,050 BTC the equivalent of $242.9m superceding El-Salvafor’s President’s 150 BTC MicroStrategy, a business intelligence company and corporate Bitcoin whale, has announced through its CEO, Michael Saylor, that it has acquired 5,050 BTC which translates to…
LUMI EXCHANGE: Fartfin digibank becomes first exchange platform to integrate AKL amongst it’s numerous currencies The newly created Eco-6 Regional Currency (the African Kingdom’s Lumi) may soon become a “sort for” currency in the African Continental market. As the promotion…
The big huddle may soon be put to rest with the introduction of the first Lumi currency exchange and transfer App by the Africa Royal Bank. Mr. Martin Wiseman who is the Managing Director of the bank unveiled the new…
Wednesday, 8th December 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1 at the official Investors and Exporters (I&E) window. Naira remained stable against the US dollar on Wednesday to close at N415.07/$1. This was the…
Naira, dollar, CBN, Exchange rate falls across forex markets despite improved dollar supply Thursday, 16th December 2021: The exchange rate between the naira and the US dollar closed at N415.05/$1 at the official Investors and Exporters (I&E) window. Naira depreciated…
It is no longer news that oil value shocks have adversely affected the country’s income throughout the long term. The lessening income from oil was compounded by the Covid pandemic, thus the supervisors of the economy needed to inventively consider…
Image Credit: investsmall.com Obviously, the idea of online commercial centers is turning out to be progressively well known, and everybody needs a piece. (adsbygoogle = window.adsbygoogle || []).push({}); A huge number of individuals across the globe make their cash from…
Central Bank of Nigeria’s building in the Central business district of Abuja. Image Credit: punchng.com Another report has said likely more grounded dollar request will persuade the Central Bank of Nigeria of the need to fix financial conditions likewise with…
Naira denominations, image credit: premiumtimesng.com A report by Bismarck Rewane’s Financial Derivatives Company (FDC) at the end of the week underlined that numerous strategies by the Central Bank of Nigeria (CBN) have neglected to overcome any barrier between the formally…
Image Credit: Vanguard News Internationally, 2021 ended up being a critical year for cryptographic forms of money. And keeping in mind that some leaved nothing to chance, Africa’s driving crypto trade Yellow Card Financial accomplished critical achievements which included: setting…
One Lumi Note The global economy is not stable, prices are not stable so is currency exchanges. The Eco-6 Lumi currency constantly on the rise in the past three months due to the surge in inflation rate and demand for…
Monday, 7th February 2022: The exchange rate between the naira and the US dollar closed at N416.5/$1 at the official Investors and Exporters (I&E) window. Naira depreciated further against the US dollar on Monday with a 0.04% fall to close…
