Instruments such as the Relative Strength Index (RSI) and Stochastic Oscillator, which measure the speed and change of price movements, can help you navigate the waves of a non-Trending market. Trend analysis holds a significant place in Forex trading, especially when navigating through a sideways market. For you, being able to identify this type of market condition is essential because the usual strategies that work in trending markets won’t work. If you want to buy or sell shares of a stock immediately, you can do so by placing a market order. With a market order, you agree to take whatever…
Author: Editor Francis
President Bola Tinubu has officially appointed Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for an initial four-year term, subject to Senate confirmation and renewable thereafter. This decision follows the suspension of the former head of the anti-graft agency, Mr. Abdulrasheed Bawa, nearly four months ago. The announcement was made through a statement by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. The statement, titled ‘President Tinubu Appoints New EFCC Chairman and Secretary of the Commission,’ indicates that Olukoyede, a seasoned lawyer with more than 22 years of experience in regulatory…
Make lots of trades, using different holding periods and strategies, and then analyze the results for obvious flaws. Many discount brokerages allow investors to buy fractional shares in a company with as little as $100 or less. Thus, if a share of a company’s stock is trading at $200, $100 will buy you half a share. A consumer discretionary stock (for example, luxury items), on the other hand, may suffer as consumers cut back on optional purchases when the economy falters.This can be somewhat difficult as big losses can be harder to swallow.There are several brokers to choose from, each…
The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has issued an appeal to President Bola Tinubu, requesting the withdrawal of all charges against Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB). This appeal follows the recent release of Sunday Adeyemo, popularly known as Sunday Igboho, a prominent Yoruba Nation activist, from Beninese prisons. In a statement released on Wednesday, Ohanaeze, represented by its Secretary General, Mazi Okechukwu Isiguzoro, praised President Patrice Talon of the Benin Republic for the successful release of Sunday Igboho, which came about through the intervention of Yoruba leaders and political figures. Ohanaeze now encourages…
In a recent development, starting from November 2023, the salaries of federal civil servants who have failed to verify their details or register in the Integrated Payroll and Personnel Information System will be suspended. This action comes after a one-month grace period issued by the Head of Civil Service of the Federation. Notably, back in August 2023, the Office of the Accountant General of the Federation temporarily halted the salaries of non-compliant civil servants. This information was disclosed by sources well-versed in the matter and shared with the newsmen on Wednesday. GOVIMA learned about this through PUNCH “A grace period…
President Bola Tinubu has made swift changes in leadership, relieving Chief Executive Officers of three agencies within the Federal Ministry of Communications, Innovations, and Digital Economy. The changes come into effect immediately. The affected CEOs are Professor Umar Garba Danbatta of the Nigerian Communications Commission, Sunday Adepoju of the Nigerian Postal Service, and Tukur Funtua of the Nigerian Communications Satellite Limited. This announcement was made via a statement issued by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, under the title, ‘President Tinubu Appoints New Leadership Across the Communications, Innovation, and Digital Economy Sectors.’ The newly appointed CEOs…
Allegations that Nigeria’s President, Bola Ahmed Tinubu, submitted forged academic certificates to the country’s electoral commission have been debunked by the BBC’s Global Disinformation Team. Following the release of Tinubu’s academic records by Chicago State University (CSU), which were sought through a legal case initiated by his political rival Atiku Abubakar, social media claims of forgery went viral. The BBC investigation refuted these allegations, highlighting the discrepancies in birth dates and secondary school attendance but attributing them to potential human error. The investigation revealed that the diploma submitted by Tinubu to the Independent National Electoral Commission was consistent with CSU’s…
Niger’s military rulers following the coup have issued a statement, as reported by AFP on Wednesday, calling for the United Nations coordinator in the West African nation to depart Niger within 72 hours. The foreign ministry said in the statement dated Tuesday that the government had ordered Louise Aubin, the UN’s resident and humanitarian coordinator, “to take all necessary measures to leave Niamey within 72 hours”. It pointed to “obstacles” which it said were presented by UN Secretary-General Antonio Guterres “with a view to thwarting the full and complete participation of Niger” at last month’s UN General Assembly. The military…
The Labour Party’s presidential candidate for the 2023 elections, Peter Obi, has called on President Bola Tinubu to provide clear details regarding his educational history and name changes. Obi made this request during a press conference in Abuja, emphasising the need for transparency. “Mr. Tinubu should tell the nation his true name, the school he attended, where he served, and the certificate he obtained. He must do this task once and now,” stated Obi. This call follows a recent United States court order requiring Chicago State University to release Tinubu’s academic records in response to a request by the presidential…
Similar to Nigeria, the governor of the Central Bank of Burundi was arrested and is being prosecuted in particular for “passive corruption” and “misappropriation of public property”, according to a press release published Tuesday by the Ministry of Justice. Dieudonné Murengerantwari, who was dismissed on Sunday, is being prosecuted “for undermining the proper functioning of the national economy, passive corruption, money laundering, and misappropriation of public property” , according to the press release signed by the Attorney General, Léonard Manirakiza, which specifies that “this characterization of the facts remains provisional”. Dieudonné Murengerantwari is currently “undergoing interrogations”, according to the press…
The federal government has introduced the operational guidelines for the National Health Insurance Authority (NHIA), a significant step following the enactment of the new NHIA Act in 2022. During the launch of the guidelines in Abuja on Tuesday, Prof. Muhammad Ali Pate, the Coordinating Minister of Health and Social Welfare, emphasised the transformative impact of the NHIA Act and its accompanying operational guidelines on the advancement of health insurance in Nigeria. Prof. Pate highlighted the pivotal role these guidelines would play in ensuring greater coverage of Nigerians, particularly the most vulnerable segments of the population. The objective is to make…
The Ketu Advancement Forum, a community group in Ogun State, has made an appeal to the National Assembly for their support in expediting the consideration and passage of a bill proposing the establishment of the Federal College of Geological and Cement Studies in the Yewa North area of the state. In a letter of appreciation addressed to Senator Solomon Adeola, the representative of Ogun West Senatorial Constituency and sponsor of the bill, the group conveyed their gratitude for his role in sponsoring the bill. They highlighted that the bill had recently passed its first reading in the Senate and underscored…