Search found 26 matches

by Bola
Thu Oct 02, 2025 10:33 am
Forum: Financial News and Analysis
Topic: Asian Markets Rally While Africa Eyes Oil Reforms
Replies: 2
Views: 414

Re: Asian Markets Rally While Africa Eyes Oil Reforms

They've said “oil reform” for years. nothing changes. Same faces, same corruption. I don't think this time is different.
by Bola
Thu Oct 02, 2025 10:32 am
Forum: Financial News and Analysis
Topic: London Stock Exchange Signs AI Deal with Databricks
Replies: 2
Views: 275

Re: London Stock Exchange Signs AI Deal with Databricks

I don't trust it that much. One little bug can cost you billions. There is nothing wrong with using AI. They are fine but anything related to money still needs human eyes.
by Bola
Thu Oct 02, 2025 10:31 am
Forum: Financial News and Analysis
Topic: Nigeria’s Economy Grows 4.23% in Q2 2025
Replies: 2
Views: 242

Re: Nigeria’s Economy Grows 4.23% in Q2 2025

Growth on paper, it's not growth in pocket. Food is still double the price, and transportation is too high. I really don't know where they are seeing the 4% because I can’t feel it personally.
by Bola
Thu Oct 02, 2025 10:29 am
Forum: Financial News and Analysis
Topic: Nigeria Central Bank Cuts Interest Rate for First Time Since 2020
Replies: 2
Views: 278

Re: Nigeria Central Bank Cuts Interest Rate for First Time Since 2020

hmm not sure. banks hardly ever pass the cut down quickly. They'll find a way to keep charging us the same as they always do. Let's wait and see what happens next.
by Bola
Wed Aug 20, 2025 5:06 am
Forum: Commodities and Futures
Topic: Which commodity trading is best for beginners?
Replies: 2
Views: 386

Re: Which commodity trading is best for beginners?



For a beginner, trading commodities is often best done through gold and silver or agricultural products like corn. They are heavily traded and less volatile, making them easier to learn and trade.

I think the novices should perhaps start with commodity that are linked to ETFs rather than ...
by Bola
Wed Aug 20, 2025 5:05 am
Forum: Commodities and Futures
Topic: What is the fastest selling commodity in the world?
Replies: 2
Views: 405

Re: What is the fastest selling commodity in the world?



As far as I know, Crude oil is the fastest selling commodity on earth and that is because it is used for energy production, transportation, and manufacturing. High demand for it globally earns it a top position among the most heavily traded commodity each day.

Another fast selling commodity in ...
by Bola
Wed Aug 20, 2025 5:04 am
Forum: Commodities and Futures
Topic: What is the easiest commodity to day trade?
Replies: 2
Views: 405

Re: What is the easiest commodity to day trade?



The simplest commodity to day trade is gold due to its high liquidity, relatively predictable price movement, and high market participation and that is why it create opportunities for intraday trading.

Silver is also liked by so many traders due to the fact that it responds fast to market news ...
by Bola
Wed Aug 20, 2025 5:01 am
Forum: Commodities and Futures
Topic: What is a hot commodity right now?
Replies: 2
Views: 372

Re: What is a hot commodity right now?


There are times when a hot commodity takes on a different meaning as dictated by market trends, but lithium has been very much in demand in recent years due to its prime role in electric vehicle batteries, making it important in the energy and technology sectors.


The other hot commodity is ...
by Bola
Wed Aug 20, 2025 4:57 am
Forum: Commodities and Futures
Topic: Which commodity is most profitable?
Replies: 2
Views: 361

Re: Which commodity is most profitable?



Commodities will always depend on market conditions. So, that is what determines if it's the most profitable or not, but oil and gold have been performing well in the market for decades. High demand gives room for rapid increase in prices, thereby providing huge profit potentials to traders ...
by Bola
Sat Aug 16, 2025 9:36 am
Forum: General Insurance
Topic: What Is Insurance? Your Safety Net Explained in Plain English
Replies: 2
Views: 814

Re: What Is Insurance? Your Safety Net Explained in Plain English

Exactly. Insurance is equivalent to an umbrella that you do not always require but when the rain comes, you will be happy you had one.