The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a positive carry as it pays inte...
A commodity is any good that is identical (or very similar) from any producer, i.e. producers have to compete on price. They are usually used in production of other goods or services.The most common t...
Nigerians have been suffering from one adversity after another since the pandemic broke out in 2020: from lockdown and its economic consequences to the EndSARS protest to a full-fledged recession �...
One of the most popular automotive brands has quickly risen to the top over the past decade. Tesla is an electric vehicle titan and jumped on top early. Now, every other automaker is attempting to cat...
Becoming a successful investor can be extremely difficult but there are things to know before investing in any stock.It may appear simple to take your money and put it in various investment options. E...
Limit Down is a term used in commodities trading to refer to the maximum amount by which the price of a commodity is allowed to fall in one trading day. If the limit is hit, then t...
Limit Up is a term used in commodities trading to refer to the maximum amount by which the price of a commodity is allowed to increase in one trading day. If the limit is hit, then...
Ardova PLC (“Ardova” or the “Company”) has notified the Nigerian Exchange Limited (“NGX”) that Ignite Investments & Commodities Limited has approached the Board of Directors of the Com...
Moody's Downgrade Nine Major Nigerian BanksMoody's Investors Service, a global rating agency, has granted lower ratings to nine Nigerian banks. This development follows a recent downgrade of Nigeria's...
Are you interested in learning more about the 100 Dollars to Naira exchange rate and other aspects of foreign currency exchange? If that’s the case, then you are the right place. In this article, we...