Editorial Staff Indices trading provides traders with an opportunity to participate in the performance of a basket of stocks, representing a specific sector or the overall market. The popularity of indices trading has grown significantly over the years due to its potential for diversification and exposure to broad market trends. Let’s explore 5 popular indices trading strategies … Read more
Form A applicant is now required to submit valid three years Tax Clearance Certificates (TCCs). The new directive is from the Central Bank of Nigeria (CBN). In a message sent to one of our writers, the message reads: “Effective Thursday, 01 June 2023, customers initiating Form A requests will be required to provide a valid … Read more
In a bid to wipe out multiple exchange rates in Nigeria’s foreign exchange, the Central Bank of Nigeria has reportedly devalued the naira from NGN461.6 to NGN631. On Wednesday, May 31, 2023, the US dollar exchanged for N461.6 at the Importers and Exporters (I&E) window. The new exchange rate takes immediate effect, according to a report … Read more
There was confusion across Nigeria on Wednesday, May 31, 2023, over the removal of payment of subsidy on Premium Motor Spirit also known as Petrol. In his inauguration speech on May 29, 2023, President Bola Ahmed Tinubu bluntly said, “Petrol subsidy is gone”. Tinubu’s “petrol subsidy is gone” declaration forced petrol marketers across the country … Read more
A legislature that has two houses or chambers is known as bicameralism. Simply put a legislature that has Upper and Lower Chambers. The name such lawmaking chambers are called may vary from country to country. For instance, the U.S law-making body is called the Congress which has two houses: the House of Representatives and the … Read more
A legislature that consists of one chamber, house or assembly is politically known as a unicameral legislature. Legislation that is made or a bill that is read,. deliberated upon, and passed by the assembly is the final. It doesn’t go to any other house. The unicameral system is the most popular at the state or … Read more
From June 20, 2023, when President Bola Tinubu made his first foreign trip to Paris to date, he has embarked on at least 18 trips outside the shore of Nigeria. Like former President Muhammadu Buhari, who embarked on over 100 international trips during his reign, here is President Bola Tinubu’s foreign travel history from May … Read more
Also known as the branches or organs of government, the legislature, executive, and judiciary make up a democratic government. Individually, their functions define what a democratic country is. I say this because a military government doesn’t have what can be called a legislature, the military makes and execute the law, and usually dictate to the … Read more
Government is an enforcer of the laws of a country irrespective of those involved: extremely rich or poor. Government law is binding on everyone. A member of a landlord association who doesn’t want to obey the rules of the association may decide to sell off his building or leave the community, but the law of … Read more
There are 49 state polytechnics in Nigeria. The first and oldest state-owned polytechnic in Nigeria is the Institute of Management and Technology popularly known as IMT located in Enugu which was established in 1965. Management of state polytechnics in Nigeria As stated in our previous post, ownership of polytechnic lies in federal, state, and private hands. Management of … Read more