Business RoundUp

Just as stakeholders were settling into the news about the share deal between ExxonMobil, and Seplat Energy, the news about Nigerian National Petroleum Company (NNPC) Limited’s alleged objection via its Right of First Refusal (RFR) on the sale of the assets filtered in. As the country seeks improved production in the oil and gas sector,…

The year 2021 was packed with exciting developments and meaningful circumstances in world affairs—its economy, politics, and policies—impacting the financial sector as a whole. With the help of its analytics team, the international Forex broker OctaFX compiled a basic rundown to deliver some of the more critical, vital events which it deemed especially important. The…

  OctaFX Copytrading is a popular service that allows its customers to profit by copying orders from professional traders, also known as Master Traders. The service recently introduced major changes to its copying settings—users can now copy the Master Traders’ orders in equal, double, triple, or any other desired volume. The new year means new…

Much speculation has been uttered about the expiration date of the current crypto bull market, driven by bitcoin. International Forex broker OctaFX summarises what has happened so far and highlights the fresh innovations to pay attention to. Firstly, let’s ascertain the state of the market with some basic, recent statistics. The date 10 November 2021…

Some crypto myths need swift dismantling since they paint an unnecessarily vague and even plainly wrong picture of this emerging industry. In the course of serious adoption by more and more legacy financial institutions and rising retail influx, one might suspect most myths are gone with the wind. Not yet—but soon, promises international Forex broker…

Why do you need the best cryptocurrency trading platform? The answer is very simple, to increase your profit. You always think that a higher return means more profit, but what if you are not able to take advantage of it? How much profit can you actually make? Even though there are many platforms in the…

To avoid a decline in domestic gas utilisation as a result of various challenges in the value chain, operators in the gas value chain, under the aegis of the Nigeria Liquefied Petroleum Gas Association

  Since the inception of the internet and the advancements in the financial sector, trading has progressed significantly. The fintech department is seeing daily updates, which leads to better execution, low latency, and access to markets at traders' fingertips. Previously trading was only limited to top institutions and investors, but now online trading platforms have…

Microfinance entails providing small loans to financially deprived people and helping small businesses, communities, households, and individuals establish or develop income-generating ventures. Although there is an ongoing debate on microfinance’s effectiveness in poverty reduction, substantial evidence suggests its numerous positive impacts. Thus, it helps the financially underprivileged populations and local economies.   The idea behind micro…

Starting a business in Nigeria is not easy, especially if you don't know what you want to do. Here are the fastest-growing Nigerian businesses, from snail farming to petroleum products trading. After reading this list, you will know how to take the first step toward a successful and highly profitable business.  The pandemic has not…

Bitcoin and cryptocurrencies have become particularly popular in 2020 and 2021, with their market capitalization soaring. As a result, many private and even institutional investors today are looking to explore the world of crypto investment. Depending on where you are in the world, these approaches will vary. Africa and Europe are two distinctly different worlds…

Recent findings by McKinsey shows that many organizations are experiencing one or more failure modes as part of their cloud journey. The reason for these failures were attributed to lack of flexibility and cost optimisation benefits despite migrating to public cloud platforms, and chaotic on-premise cloud environments leading to security risks. As organizations continue to…