Despite significant government financial involvement, the country's textile and apparel industry has performed poorly, which has angered some observers who have accused industry participants of mismanaging cash.
Forex trading is considered one of the most profitable financial businesses. There are various types of brokers allowed us to choose from. In today’s article, we will explain the difference between the Straight Through Processing (STP) forex broker and Electronic Communications Network (ECN) forex broker. By comparing the difference, we expect the traders can have a better understanding of different types of brokers and which types of brokers they should choose from.
5 Reasons to Use a VPS in Forex Trading Here are five reasons why you should consider trading using a VPS rather than directly on your PC.
To accelerate growth and deepen financial inclusion in Nigeria, it is imperative for players in the financial service industry including banks, telcos and fintechs to collaborate to provide innovative solutions and unique offerings to customers. Akeem Lawal, Managing Director, Interswitch Purepay made this known during the Nigerian Fintech Forum held recently at the Civic Center, Victoria Island, Lagos.
Do you know the difference between a legitimate forex broker and illegal fundraising? There are many circumstances wherein scammers disguise themselves as forex broker, but in reality, they are just looking to scheme and cheat their trading clients.
Young and successful forex trader Jason Noah is headquartered in Pretoria, South Africa. He is the creator of the FX teaching facility Forex Kings. He joins the lengthy list of young Mzansi billionaires who become wealthy through the well-known internet commerce.
Aliko Dangote, the founder of the Dangote Group and the richest man in Africa, saw his wealth estimate moderated amid stock sell-offs record on Dangote Cement.
Travel brochures in Sheboygan, Wisconsin, tout the town’s beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave out a feature of the landscape: a coal-fired power plant on the shore that will remain open until mid 2025 instead of closing this year as planned.
Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros ($485 million), as the release of previous impairments offset rising costs.
The lull before U.S. inflation data affords a moment to reflect on a darkening geopolitical backdrop.
The Italian CONSOB issued a warning against Broker Capitals on August 1th!!!
Sterling strengthened against a slightly weaker dollar on Tuesday, with the outlook for UK interest rates in focus after a Bank of England official flagged a further increase.
Russia’s imports from Western countries collapsed due to sanctions, and the country does not need dollars or euros that cannot be used to buy Western goods.
Ukraine says it has reached the required quorum for holders of the country’s GDP warrants to vote on Wednesday over a consent solicitation that proposes changes to the securities, according to a regulatory filling on Tuesday.
Argentina’s central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country’s high inflation, market participants told Reuters on Tuesday.
Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve’s plans for future monetary tightening.
The GBP/USD currency pair rallied initially on Tuesday but gave back gains in the same general vicinity where we had seen selling pressure on Monday. Furthermore, the 50-Day EMA sits just above these two shooting stars, so it suggests the me that we are going to continue to see plenty of selling pressure overall.
The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will be required to rein it in.
Rising inflation, shortage of foreign exchange and overall harsh operating environment have continued to assail the operations of the Consumer Goods sub-sector (CGS) just as the bottom-line of the sector’s listed equities, in last few months remained subdued, with gloomy outlook.
The event will teach us the main features of the WikiFX App as well as its benefits to traders.