MOEX Consult

Today's Business News:
OSINBAJO URGES ODU’A GROUP TO INVEST IN TECHNOLOGY

Vice President Yemi Osinbajo on Tuesday charged the Odu’a Investment Company to explore new investment in technology, as a means of strengthening future operations.

~Businessday

Today's Business News:
CHIP WARS: HOW NIGERIA CAN TAP $1trn INDUSTRY

The use of the majority of silica sand deposits in construction and the gaps in human capital development means Nigeria will be totally missing in the chip war between the United States and China in 2023.

~Businessday

Today's Business News:
NIGERIA'S OIL PRODUCTION DROPS BY 23% IN THREE YEARS

Nigeria, Africa’s largest economy saw its crude oil production spiral by 23 percent from 2020 to 2022, the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed.

~Businessday

Today's Business News:
NAIRA SEEN STRENGTHENING TO N680 PER DOLLAR IN 2023

The value of Nigeria’s currency, naira, is projected to strengthen to N680 per dollar this year, according to Bismarck Rewane, managing director/chief executive officer of Financial Derivatives Company Limited.

~Businessday

Today's Business Tip:

The Day You Start Taking Marketing Serious, That's The Day You Start Taking Your Business Serious.

~MOEXConsult

Today's Business News:
10 BIGGEST STOCKBROKERS BY VALUE IN 2022.

Cardinalstone Securities Limited, Stanbic IBTC Stockbrokers Limited, APT Securities and Funds, and seven other firms have emerged as the top-performing stockbroking firms in Nigeria, having traded shares worth 66.02 percent of the value of transactions on the trading floor of the Nigerian Exchange Limited (NGX) in 2022.

~Businessday

TODAY'S BUSINESS TIP:

Don’t Risk More Than You Can Afford To Lose.

~MOEXConsult

SEC SEALS OVER 40 ILLEGAL SCHEME OPERATORS:

The Securities and Exchange Commission (SEC) said it sealed a total of 40 illegal investment schemes last year even as it expressed concern over the persistent proliferation of operators in the capital market.

~TheGuardian

Today's Business Tip:
Always keep track of your profit and loss, the line between profit and loss is so thin that you might never know when you start losing.