Analyzing the Impact of Copy Trading on Investment Returns

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all. Help us maintain free and accessible news for all with a small donation. This is to say that many of the poster states in the East Asia like Malaysia, Singapore, and emerging powers like China and India and other BRICS countries were in the same league with Nigeria a few decades ago.

• Launched in 2017, Pocket Option boasts a team of professional traders, IT, and FinTech experts.
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• The FCT minister said the equipment represents a significant step forward in the FCT Administration’s broader plan to improve access to quality medical care.
• This ensures opposition voices, from LP, NPP to PDP, resonate even in APC strongholds, curbing the defection fever that grips politicians seeking electoral lifelines.
• Traders can use the app’s social trading aspect, which enables them to copy the successful trading techniques of experts in the field.
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However, Pocket Option be ready to incur huge exchange rate cost and quite frankly you have no one else to blame. Online Payment Platforms – Our local Naira debit cards (Master & Visa) can also be used to make payments for online purchases. As such, a lot of online purchases that you need to make locally or when abroad can be done from the comfort of your hotel room  using your laptop. For example, I purchased an item from an online platform for $10.17 and was charged the Naira equivalent of N1,619.70 which translates to an exchange rate of N159.2/$1. Apart from saving from exchange rate cost you also save time and convenience. In his opening address, the Minister commended the vision of President Muhammadu Buhari for promoting Nigeria’s embrace of clean energy mobility as a response to the threat of climate change and global warming.

Besides the traditional development cooperation with the government, the EU has put in place new instruments of engagement with the private sector aimed at creating jobs, growing an inclusive economy and generating wealth and prosperity. Apple has announced some nice incentives for those who want to trade in their old iPhones for new ones, as well as several retailers and carriers. With new iPhone 11 Pro phones now starting at $999, as much credit as you can get will help offset the cost. So if you’re thinking about upgrading, follow the guidelines above to help budget your new purchase this year. It was 4th of October 2021 when Facebook (along with WhatsApp) went down for more than 7 hours.

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The combination of high dynamic range, great low light performance, and Blackmagic RAW gives you feature film images with precise skin tones and gorgeous organic colors. You get advanced features such as 4K or 6K models, large 5″ LCD for easy focus, SD card and CFast media, external USB‑C media disk recording, EF or MFT lens mounts, and more! DaVinci Resolve Studio is also included for editing, color correction, audio post, and VFX. He emphasised that the ministry’s presidential priority under the Renewed Hope Agenda was to boost agriculture to achieve food security, enhance infrastructure, and improve transportation as growth enablers. The minister further said that the government had commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at subsidised rates of N40,000 per 50-kilogramme bag, adding that the exercise would be carried out across the country.

The commissioner stated that his ministry was now more determined to implement the state government’s policy of keeping its environment clean and safe enough to attract investors and boost the economy of the state. Another trader who did not want her name mentioned alleged that in addition to ‘settling’ the area boys, they had to pay officials of Kick Against Indiscipline (KAI), now known as Lagos State Environmental Safety Corps, too. And if you are so unlucky that they take your wares to their office, you pay N20,000 or more, depending on the quantity of the seized goods. “We settle them but they sometimes randomly raid this area and take our goods away,” she said. “If I rent a store, I will pay for electricity, television and radio licences, security and other charges. Some of the people who have stores also join us in the evening to display their wares.

If you now have an enrollment it’s always best to cancel it by deleting your bank account or even the app alone. Payment for Imports by Small Businesses – Small time importers of unregulated items can also access the interbank market for dollar purchases to the maximum of $250,000 per annum. All you need to do is to fill a eForm M and support it with a proforma invoice from your suppliers abroad. $250,000 translates to about $20,830 monthly and should be just about enough to support small business who frequently import items. As above, you need not pay using the black market rate as you are also able to access the interbank market and at the interbank rate.

People third-people businesses from “On the web agent” or “On line trade” type, do not have the right to explore information for the web site in addition to one distorted creating away from “Infinite Exchange LLC”. In case of citation, they’ll be sued prior to regulations of rational property security. Automating your own Pocket Choice trades can offer several advantages, in addition to getting rid of the necessity for guide admission and you can probably boosting change results. It allows one display progress, look at analysis, in addition to set up automated trading purchases copy of your own extremely winning traders.

• The campaign was to introduce traders to the various insurance packages created by the company to help them protect and grow their businesses.
• Therefore if you want to change traditional property otherwise new digital of those, generous possibilities occur.
• Just after verification of the suggestions provided, your account get a confirmed status, and after that you will be able to use the Pouch Choice provides on their fullest extent.
• Playing with brief position types, development sturdy trade tips, and you may implementing sensible exposure administration principles can boost the cash potential.
• And if you are so unlucky that they take your wares to their office, you pay N20,000 or more, depending on the quantity of the seized goods.
• These apps run on both iOS and Android, and they provide a smooth user experience.
• Although many of these traders sell their merchandise by the road, the spaces they occupy are not free.
• His major area of research is Nonlinear Structural Stability and Vibration Analysis of Shells and Spatial Structures.

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They have however charted their different paths to the different destinations. “Honestly, I used to complain about Flutterwave support, but they seem even much better. In the absence of any support, users storm their Instagram and Twitter pages asking for help.

He added that even when roadside traders were handled strictly by constituted authorities, residents would be the first to tackle the government that the traders were being deprived of their livelihood. He stated that towards this end, operatives of the Lagos Environmental Sanitation Corps have been drafted to markets and the adjoining streets with standing instructions to arrest any street trader found within the vicinity. As encapsulated is a 21st Century media brand that gives a voice to the totality of Nigerian populace and Africa by extension irrespective of class, ethnicity, religion or background. Our News analysis, documentaries, features and entire programming presents an avant-garde depository of hi-tech digital product that inform, educate, enrich and empower our esteemed and uniquely diverse audience. VOP MEDIA is a People’s first unbiased media platform creating equality of representation, opinion and fairness in political, economic and diverse conversations.

Every day, and for traders coming back to the streets and roadsides after 4.00 p.m. To hawk, we will investigate and come out with appropriate response,” Alabi said. Her agency is saddled with the responsibility of ensuring compliance with the ban on street trading in the state. A shop owner just behind the many street traders, Kelechi Anyanwu, bemoaned the presence of the street traders and its negative impact on his business. The situation is virtually the same at the Iyana Ipaja under bridge area of the Lagos-Abeokuta Expressway where roadside traders are also known to pay between N50 and N100 per day. Hawkers in the market, who have no specific spots, it was gathered, pay N50 to collectors while those who trade in specific spots pay N100.

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• The product is designed to grow with the customer and ensure financial inclusion.
• But I really don’t care so long as they allow me to do my business after paying them,” Ola added.
• You get advanced features such as 4K or 6K models, large 5″ LCD for easy focus, SD card and CFast media, external USB‑C media disk recording, EF or MFT lens mounts, and more!
• “The programme will also provide support to 150,000 rice farmers under the second phase to cover all 37 states, including the FCT, with an expected output of about 450,000 metric tonnes,” he said.
• Users may open and close positions, keep track of trends, and manage financial transactions – all through a single product.
• You had to literally go to the stock exchange market (a physical place) to be able to trade.
• Get into your account current email address, and you’ll getting emailed a reset link to do another password.
• It provides learning opportunities for both novice and even experienced traders.
• On the other hand, in a worst-case scenario, you can visit the bank and get your issue resolved.

Mr Kyari said that a ginger master plan was developed to facilitate self-sufficiency and promote exports for foreign exchange earnings. Nigeria continues to record poor health indices -among the worst in Sub-Saharan Africa – including low life expectancy, high maternal and infant mortality rates, and a high prevalence of infectious diseases. He stated that the consortium is expected to establish 1,000 agro centres with service providers across the country.

• A verification e-post might possibly be taken to your age-post address, please click on the connect.
• There are apps asking you to do a number of high-risk trades before cashing out, and the odds are you will lose a part of your money.
• Browse on the Profile to get in all of the individual and you may address advice and publish ID file and address facts documents.
• You don’t value the importance of great customer service until you need to use it.
• He also said that the ministry carried out the fortification of crops with vitamin A micronutrients to enrich the content and health value of food commodities.
• Copy trading is just like following the footsteps or strategy of an intelligent student to get good grades yourself.

These are some of the critical elements of the application that give it a global regard in the stake realm. Because brokerage firms are a type of financial institution, it is imperative that your data is highly secure and that other investors have had a pleasant experience with the facility. You need to know if the broker has financial accountability as a core value and the necessary licenses to conduct economic services. Abubakar Muhammad Musa is currently a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients. His work covers retail banking, corporate banking and project finance deals.

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Knowing the ins and outs of a broker can help you decide whether you should invest in it, as your choice will affect your overall trading experience. Tap into our global network & resources to analyse the financial markets around the world to identify investment opportunities. Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. The overall investment returns can be affected by performance Fees as different platforms may charge a fee for the mirroring service which they offer. The length of time in which the investment was made also determines investment returns.

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Kyari said that a ginger master plan was developed to facilitate self-sufficiency and promote exports for foreign exchange earnings. He said that the consortium was expected to set up 1000 agro centres with service providers across the country. The awareness didn’t only boost Abeg but also the PiggyVest platform which paid out over N242 billion to over 3.5 million customers in 2021, said Somto Ifuezue, chief executive officer and co-founder at PiggyVest. Payporte was the major sponsor of the 2017 ‘See Gobe’ and 2018 ‘Double Wahala’ editions of the show. Bet9ja signed a $5 million sponsorship deal to take over as headline sponsor of the 2019 ‘pepper dem edition. Betway followed the trend in the 2020 ‘Lockdown’ edition with a $1.5 million investment.

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Thankfully, these pressures and widening depreciation of the Naira is mostly in the parallel market. Had, Victor known about this he would have opted for one or some of the following options. NASCON is offering its salt packs, seasonings, and stew mix to customers at the trade fair. The salt pack which is designed to endear the product to its teeming customers still comes in packs of 250g, 500g and 1kg. The design is to make the product more accessible and affordable for consumers and other end users. Efe Isiorho, business development manager, GOXI Micro Insurance explained that traders can now have their goods insured with as low as N500 under the GOXI Ma Business insurance package.

In the end, scammers disguise themselves as support and rip them off completely. Many of Nigeria’s fintechs seem to have everything automated, which makes them questionable. On the other hand, in a worst-case scenario, you can visit the bank and get your issue resolved. Many years ago, traditional banks required you to come to the bank and carry out a KYC (Know Your Customer). When Saturday Tribune put a call through to the spokesperson of the Lagos Environmental Sanitation Corps, Mrs Ramat Alabi, she promised to investigate if trading persisted by the sides of Lagos roads.

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PTA is for holiday makers and is $4,000 per quarter and $16,000 per annum and can also be purchased at the official inter bank rate. The campaign was to introduce traders to the various insurance packages created by the company to help them protect and grow their businesses. GOXI Micro Insurance Company, a foremost Micro insurance company has stormed Lagos markets with “We Dey Ur Back” campaign to support MSMES in their business.

Our ‘Today, Tomorrow, and Forever’ approach helps you meet your near term needs, as well as grow your wealth for the decades ahead. Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur. During the programme, Abubakar conducted research relating to product structuring and market development. We are dedicated to ensuring adherence to Non-Interest Banking principles through the appointment of an Advisory Committee of Experts (ACE).

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I am of the opinion that paying them this money is a small price to pay for the opportunity to sell your wares,” a tomato seller told Saturday Tribune. With professional, high fidelity audio recording built in you’ll never have to carry around a separate sound recorder again. Both Blackmagic Pocket Cinema Camera models feature a mini XLR input with 48 volts of phantom power for connecting professional microphones such as lapel mics and booms. The four built-in microphones have an extremely low noise floor and are shock and wind-resistant, allowing you to capture great sound in any location. There’s also a 3.5mm audio input for connecting video camera-style microphones, along with a built-in speaker for playback and a 3.5mm headphone jack.

Especially high-risk methods like trading binary options require experience to be successful long-term. “I sell electronics, but do you know that some guys too hawk small electronic gadgets? Before customers call at my shop, they would have patronised these street traders. That is one of the problems facing those of us who are shop owners here in Oyingbo. Secondly, how can someone verify that the money these traders pay ends up in government purse? Do they get counted to know how much money is expected to be raked in daily?

He added that the ministry also implemented a crop fortification programme, enriching food commodities with vitamin A micronutrients to enhance their nutritional value and health benefits. The Minister also disclosed that, in response to the outbreak of ginger blight disease in parts of the country, the ministry launched an initiative to tackle the attack by disbursing N1.6 billion to support affected ginger farmers in Kaduna and Plateau States. He emphasized that under the Renewed Hope Agenda, the ministry’s presidential priority is to boost agriculture in order to achieve food security, while also enhancing infrastructure and improving transportation as key growth enablers. He explained that injecting 30,000 metric tonnes, equivalent to 1,000 trucks of 30MT each of this essential staple into Nigeria’s food supply is expected to not only reduce the price of rice but also drive down the cost of other close food substitutes.

It also works together with MetaTrader 5, which provides your a wide range of equipment for investigation research as well as automatic trading. Along with standard on the web trade, that it agent will bring entry to imaginative offerings including societal trade, where you are able to pursue and duplicate effective buyers. What’s more, it operates exciting trading tournaments having real money honors.The fresh investors compete using trial membership to help you winnings perks.

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Nigerians may need to start pondering how risky it is to deal with faceless money apps that could collect public funds with nothing to hold on to in the case of fraud or issues. “Every trader pays a compulsory fee of N100 for a space which actually is very small. But I don’t see how this is a problem, because as a trader, one shouldn’t expect to have a selling space, irrespective of the size, free. Therefore, I see the N100 I am mandated to pay as part of the cost of doing my business.

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Anyone familiar with the original product will find its portable version easy to navigate. He added that in response to a Presidential directive, the ministry released to the National Emergency Management Agency, NEMA, 42,000 metric tonnes of assorted food commodities from the Federal Government Strategic Food Reserve for distribution. ”The programme will also provide support to 150,000 rice farmers under the second phase to cover all the 37 states, including the FCT, with an expected output of about 450,000 metric tonnes,” he said. We hold that a vibrant health sector is a pillar of national development. It directly influences life expectancy, productivity, and overall national well-being.

Look out for the best deals and take advantage of those free Wi-Fi hotspots whenever possible. With a little smart planning, you can surf the web like a king or queen without burning a hole in your pocket. If your night plan for 9mobile offers multiple data allocations, use them strategically. Smaller portions might be ideal for early nights while reserving the more significant chunk for weekend marathon sessions. Planning your data usage like a true boss helps stretch those precious gigabytes further. Don’t wait till midnight with a dead phone battery and a rumbling stomach.

Triple G led the losers’ chart with a sharp decline of 10.00 per cent, followed closely by MRS (-9.97%), Chellarams (-9.96%), UACN Property REIT (-9.95%), and IMG (-9.91%). The depreciation of these stocks, alongside others such as Custodian (-9.63%), VFDGroup (-9.32%), Dangsugar (-2.56%), and GTCO (-2.29%), indicated the market’s discerning nature, where even amidst a broader rally, certain companies face selling pressure. Conversely, the Insurance sector experienced a  decline of 1.06 per cent. The Consumer Goods sector, recorded a loss of 0.75 per cent, while the Oil & Gas sector also edged down by 0.09 per cent, despite the strong showing of individual oil and gas companies like Aradel. The Nigerian equities market showcased remarkable resilience, commencing the trading week on a decidedly bullish note, propelling the All-Share Index (ASI) to a new historic high of 109,968.48 points.