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Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts

Saturday, April 19, 2025

Stakeholders push for payment integration to drive global trade at Nigerian Fintech Week



 By Businessday

Stakeholders in Nigeria’s fintech ecosystem have underscored the urgent need for deeper payment integrations to drive financial inclusion and cross-border transactions. This call to action was made at the Nigerian Fintech Week, a premier industry event attended by government officials, fintech leaders, and corporate executives, known for fostering discussions that shape the future of financial technology in Africa and beyond.

Speakers at the event included Aminu Maida, CEO, Nigerian Communications Commission; Wayne Eyong, PalmPay; Mike Odusami, Maxut Consulting; DeRemi Atanda, Managing Director, Remita; Jimoh Ehi Okoh, Solutions Architect, Huawei; and Ugochukwu Onwuta, Senior Product Manager, AZA Finance. As a leading voice in payment technology, Onwuta emphasised the growing need for seamless cross-border payment solutions, highlighting their critical role in global trade.

“Cross-border payments are the lifeblood of international commerce,” Onwuta stated during his address. “The industry is ripe for disruption due to evolving customer expectations, rapid technological advancements, and the push for greater financial inclusion.”

He stressed that financial institutions must prioritise interoperability, ensuring payment systems across different jurisdictions can communicate effectively. “For digital payments to be more reliable and hassle-free, we must move beyond siloed systems and focus on improving existing integrations,” he added.

 

 

The Case for Interaction and Collaboration.

During his speech, Onwuta discussed the urgent need for collaboration across payment infrastructures, reinforcing key themes from his recent publications. He advocated for the adoption of unified compliance frameworks to streamline regulatory requirements and enable smoother, more efficient transactions across borders.

His insights resonated with industry professionals, regulators, and technology experts in attendance, all of whom engaged in discussions on regulatory challenges, fintech innovation, and the evolution of digital payments.

“The future of payments will be shaped by collaboration,” Onwuta noted. “New market entrants will challenge incumbents to innovate, fostering a more dynamic and inclusive financial ecosystem.”

 

Shaping the Future of Fintech

The 7th Nigerian Fintech Week which was held in October 2024 explored strategies for harnessing generative AI, fostering economic inclusion, and shifting from revenue-driven models to sustainable, profitability-focused fintech businesses through smart regulation and innovation.

Onwuta closed his session with a forward-looking statement:

“Achieving true collaboration requires collective commitment from all stakeholders. Only by working together can we build a truly inclusive, efficient, and resilient global financial system—one that serves individuals, businesses, and entire economies alike.”

 

His thought leadership at the event reinforced his reputation as an influential figure in the fintech space, further cementing his role in shaping the future of global payment technologies.

 

Sunday, April 6, 2025

Tariff-Fueled Market Meltdown Continues as US Stock, Bitcoin, Crude Oil Prices Also Fall Sharply

 


By investopedia

 

U.S. stock futures fell sharply on Sunday evening as the Trump administration showed no signs of backing off from a wide-ranging plan to impose tariffs.

Futures tied to the Dow Jones Industrial Average were recently down 2.2%, pointing to a decline of more than 800 points at Monday's open, while futures linked to the S&P 500 and Nasdaq fell 2.7% and 3.4%, respectively. Dow futures had been down more than 1,600 points at one point Sunday evening,

 

The major indexes are coming off their worst week since the early days of the Covid pandemic in March 2020, after stocks plunged on Thursday and Friday following President Trump's announcement of sweeping tariffs on U.S. trading partners. The benchmark S&P 500 declined 10.5% over the last two days of the week, while the Dow shed nearly 4,000 points.

White House officials provided no indication over the weekend that the president would consider scaling back on the tariffs. The so-called reciprocal tariffs that Trump announced on Wednesday— which include new levies of 20% on imports from the European Union, 26% on Japanese imports, and 34% on imports from China—are due to take effect on Wednesday.

The Trump administration, which has also indicated more sector-specific tariffs are coming, says the measures are needed to restore competitive balance and bring manufacturing and jobs back to the U.S. However, the speed and depth of the policies announced in recent weeks—and the prospect that countries will retaliate, as China did on Friday—have heightened concerns among economists and investors that the economy could slide into a recession.

Speaking Friday, Federal Reserve Chair Jerome Powell said that the tariffs announced last week were higher than expected and raise the risks both of inflation rising and economic growth slowing. Powell said the Fed is awaiting greater clarity on the impact of Trump's policies before considering adjustments to interest rates.

 

Asian stocks also tumbled to kick off their week amid fears of the consequences of a trade war, with Hong Kong's Hang Seng index down 9%, while Japan's Nikkei 225 dropped 6% and South Korea's Kospi index and Australia's S&P ASX 200 each fell more than 4%.

Bitcoin was also down sharply Sunday, tracking the move lower in equities as investors abandon risky assets. The digital currency was at $78,700 recently, down from an earlier high on Sunday of nearly $84,000 and trading at its lowest levels since early November.

 

Crude oil prices also retreated amid the growing concerns about slowing global demand. West Texas Intermediate futures, the U.S. crude oil benchmark, fell 2.6% to $60.40 per barrel, after falling as low as $59.38, their lowest level since last April.

Wednesday, March 5, 2025

NOSDRA D-G commends Total Energies efforts to protect oil facilities

 

 


Chief Chukwuemeka Woke, the Director-General, National Oil Spill Detection and Response Agency (NOSDRA) has commended Total Energies for its proactive steps towards ensuring effective surveillance and protection of oil facilities. Woke stated this at the Port Harcourt International Airport, Omagwa, on Tuesday, while inspecting a West African Surveillance Platform (WASP) workshop for Total Energies' personnel.

 WASP, an industry cooperative,  is an oil spill surveillance service for West and Central Africa, providing support such as oil spill consultancy, equipment hire, and wildlife services. The event is part of a four-day Total Upstream Company of Nigeria's 2025 Large Scale Exercise aimed at activating the National Oil Spill Contingency plan.

 The NOSDRA helmsman commended Total Energies for taking steps towards training its personnel on how to ensure adequate surveillance and security of oil facilities. "This gesture is commendable, it will equip your personnel to ensure effective surveillance and protection of oil installations,'' he said.

 He expressed the commitment of NOSDRA towards speedy detection of spill and swift response. "We shall continue to actively collaborate with operators and other stakeholders to ensure effective delivery of our mandate

 

 "We shall continue to be proactive by ensuring speedy detection where there is spill, and to respond accordingly,'' he said

Sunday, February 9, 2025

Viral Ex-Hawker Dr H2O Seeks Second Chance After Losing ₦15M Aquafina Investment

 


Wisdom Alfred, widely known as Dr H2O, has appealed to Nigerians for another opportunity after losing a ₦15 million business investment from bottled water brand Aquafina.

Dr H2O rose to fame in 2023 when a video of him creatively hawking bottled water went viral, capturing social media’s attention. Impressed by his determination, Aquafina backed his business with ₦15 million worth of equipment and capital, including machines, a generator, and a freezer valued at ₦8 million.

In a recent video, he admitted to mismanaging the funds due to a lack of experience, explaining that it was his first time handling such a significant amount. Acknowledging his mistakes, he expressed deep regret and asked for forgiveness.

Dr H2O now seeks a second chance, emphasizing that errors are part of the learning process and pledging to do better if given another opportunity.

Friday, October 11, 2024

Zenith Bank Boosts Customers Online Experience With Revamped Digital Channels

 


By Olusahola Adekunle

 

Zenith Bank, one of Nigeria's foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This restoration follows temporary disruptions caused by a routine upgrade of the bank's technology infrastructure, which aimed to optimize service delivery but impacted e-channel services recently.

In a post shared on Thursday through its social media platforms, the leading lender confirmed that all services across its electronic channels have been fully reinstated. Reiterating its commitment to providing quality digital services, the bank assured customers of exceptional service with its newly enhanced technology infrastructure, designed to deliver seamless and innovative financial solutions.

The announcement stated: "We are pleased to inform you that access to our digital channels has been restored, allowing you to perform transactions conveniently via your preferred platform. We appreciate your patience during the IT infrastructure upgrade and sincerely apologize for any inconveniences you experienced.

Rest assured, we are dedicated to providing you with exceptional service, and the new IT infrastructure we have implemented will enable us to do so moving forward.

Thank you for choosing to bank with us."

 

*Important Reminder*

Zenith Bank will NEVER call, SMS, or email you requesting your card details, PIN, token codes, mobile/internet banking login details, or any other account-related information.  We will also NEVER ask you to click on a link to update your bank information or activate your account. If you receive such messages, please DO NOT respond.

Friday, October 4, 2024

Zenith Bank Enhances E-Channel Services for Customers


 

By Olusahola Adekunle

Zenith Bank, one of Nigeria's leading financial institutions, has restored improved services across its electronic transaction channels, ensuring customers have seamless access to banking services. In a statement released on Thursday via its X handle, the bank confirmed that customers can now conveniently conduct transactions across various platforms following a recent upgrade. These enhancements follow temporary glitches caused by routine IT maintenance aimed at optimizing service delivery.

Zenith Bank reiterated its commitment to providing improved services and highlighted the various channels available for customer transactions, including:

 

- Zenith Bank Debit, Credit, and Prepaid Cards

- Automated Teller Machines (ATMs)

- Point of Sale (POS) Terminals

- Zenith Bank Mobile App

- Internet Banking Platform

- Zenith Agents nationwide for agent banking

 

Customers are also encouraged to visit any of the bank's branches across the country for in-person transactions. Zenith Bank reassured further improvements in service delivery following the IT infrastructure upgrade. Customers with bulk payments and salary requests are encouraged to present payment mandates at any Zenith Bank branch nationwide for expedited processing. Zenith Bank remains dedicated to enhancing customer experience and ensuring reliable banking services across all platforms.

 

For further inquiries, customers can contact Zenith Direct at +234 201 278 7000, 0700ZENITHBANK, or 0904 085 7000. Alternatively, they can send an email to zenithdirect@zenithbank.com.

Thursday, October 3, 2024

Infrastructure Upgrade: Zenith Bank Apologizes for Disruptions, Assures Customers on Improved Services




 By Olusahola Adekunle

Nigeria's leading financial institution, Zenith Bank, has reassured its customers of improved services following recent infrastructure upgrades. In a message posted on Thursday, the bank apologised for the service disruptions experienced across its e-channels during the upgrade period.

The bank clarified that the glitches were a result of routine information and technology maintenance, which is essential for optimizing service delivery. Zenith Bank emphasized its commitment to ensuring 100% uptime, stating that it takes this responsibility "very personally" and continuously allocates resources to maintain uninterrupted service availability.

In the statement, the bank expressed its sincere apologies for any inconvenience caused to customers during the upgrade process, highlighting that the information technology enhancements are designed to improve the quality of service for its esteemed clientele.

 

The message reads in part:

Dear Valued Customer,

We sincerely apologies for the service disruptions you experienced recently on our banking channels. This was due to an information Technology upgrade aimed at improving the quality of service we provide. We have made significant progress with the upgrade and you can now perform transactions conveniently with the following Zenith bank Channels:

Your Zenith Bank Debit Card

The Zenith Bank Mobile App

The Zenith bank Internet Banking Platform

Zenith Agents nationwide (Agent Banking)

You can also visit any of our branches nationwide to perform your transactions

Please direct all enquiries to Zenith Direct on +234 201 278 7000,

0700ZENITHBANK, 0904 085 7000 Or via email at Zenithdirect@zenithbank.com

 

Thank you for banking with us

Thursday, September 26, 2024

NOSDRA and SDN Express Joint Commitment to Enhance Environmental Stewardship in Nigeria's Oil and Gas Sector

 


By Nwaorgu Faustinus

The National Oil Spill Detection Response Agency (NOSDRA) and Stakeholder Democracy Network (SDN), a non-governmental organization with its headquarters in the United Kingdom have expressed their firm commitment to consolidate on the gains of their ongoing partnership in the interest of clean and sustainable environmental management in Nigeria’s petroleum industry. This assurance was given on Wednesday when the Executive Director of SDN, Adam Heal, and his team paid a courtesy visit to the Director-General/Chief Executive of NOSDRA, Engr. Chukwuemeka Woke, in the Agency’s Headquarters in Abuja.



The DG/CE, who appreciated the congratulatory message from the Executive Director of SDN on his appointment, went down memory lane to recollect the long-standing working relationship with the NGO since 2013, which, he said, led to the support of the organisation in the formulation of the state-of-the-art and innovative tools for tackling pollution in the petroleum industry, including Nigerian Oil Spill Monitor, National Gas Flare Tracker and the inchoate Methane Tracker. Woke acknowledged that the tool shave helped in improving transparency and accountability  in the  oil and gas pollutions industry.



The DG/CE assured that his appointment would add value to NOSDRA and he would not be found wanting in this regard, adding that the Agency was irrevocably committed to sustaining the partnership with SDN in order to improve environmental management in the country’s petroleum industry. Woke hoped the prototype Methane Tracker designed by SDN will vastly contribute to tracking methane emissions in the oil and gas sector.


He stressed that NOSDRA had a clear mandate to ensure a clean and secure environment in the nation’s petroleum industry with the support of the NGO.  While felicitating with SDN on the 20th anniversary of its operation in Nigeria, the DG/CE assured the NGO of NOSDRA’s willingness to support and enhance its works in the country.  Earlier in his address, the Executive Director of SDN disclosed that the organization had been operating in Nigeria for the past 20years, providing monitoring and policy advisory work in Nigeria and economic diversification in the oil-bearing Niger Delta region.



He stated that NOSDRA had been a reliable partner with SDN for over a decade and with such collaborations, his NGO had collaboration with the Agency to develop valuable and innovative geospatial tools viz: Nigerian Oil Spill Monitor and National Gas Flare Tracker, which are being deployed for oil and gas pollution tracking and reporting respectively. He mentioned other areas of support to the Agency to include involvement in the Ogoni   clean-up being handled by Hydrocarbon Pollution Remediation Project (HYPREP) in the area of testing soil and water samples.


Mr. Heal, while commending the DG/CE for his new vision for NOSDRA aimed at catapulting the growth and development of the Agency to new heights, said he was looking forward to more years of fruitful partnership between the two organizations.


Wednesday, September 4, 2024

NOSDRA DG tasks oil firms on regulations compliance, says nobody is above law

 



By Nwaorgu Faustinus

 

The Director General and CEO of the National Oil Spill Detection and Response Agency (NOSDRA), Engineer Chukwuemeka Woke has put oil companies on notice, tasking them to comply with environmental regulations or face the full force of the law.

Speaking during a familiarization visit to the Port Harcourt Zonal headquarters in Rivers State on Monday, Woke, while reacting to some of the challenges faced by the Agency in the Zone said as an agency established by Act of law, NOSDRA represents the Federal Government and has a sacred mandate to regulate the oil industry's environmental impact and will not tolerate any form of non-compliance or disregard for regulations.

He added that no oil company is above the law, saying: "We will hold every operator accountable for their actions, and ensure that they adhere to the strictest standards of environmental responsibility."

He assured that his leadership will not be compromised by vested interests or industry pressure, or be cowed, saying he is committed to upholding the law and ensuring that all oil industry operators, including International Oil Companies (IOCs), comply with NOSDRA's regulations.

He said: "Having said that, let me address the issue raised by the head of the NOSDRA reference laboratory, I want to assure you that I am not the kind of DG that any oil company would take for a ride.

"Any oil industry, be it IOCs, or anybody must comply with the regulations of NOSDRA. NOSDRA is not just a private company but an establishment by an Act of law and so we represent the Federal Government and we are to regulate the operations of the oil industry as it relates to oil and gas pollution and spillage and so nobody, no oil company is above the law.

"If they want to think they can reach me, I am not the type of DG that they would reach. So let the message go very clearly now, we must do the needful, they must grant you access to take samples and we must get the results. Be rest assured that you are protected as long as you are committed to your work."

 

The DG also addressed the staff of the agency and assured them of his commitment to taking the agency to the next level. Engineer Woke was conducted around the office by the Zonal Director, Engineer Ime Ekanem and the head of the NOSDRA reference laboratory, Dr Kenneth Aroh where he visited the Analytical Session Lab; Microbiological lab, Ecotoxicology lab and the Web-Chemistry lab.

He expressed gratitude to the staff for their dedication to work and promised improvements in equipment and staff welfare. "I have come to see things for myself, and I assure you that there will be improvements," he said. "But I need your commitment to work because your productivity output is what I will be appraised with at the Ministry of Environment."

Engineer Woke emphasized that he is the one who will appraise staff performance and determine promotions. "When you come for your promotion exams, I am the one who will say yes or no," he stated. He also reminded staff that outside the agency, he is not the boss, but the Minister of Environment is, saying: "So, it is your work that will speak for me," he added.

Engineer Woke concluded by saying that his "real brothers" are those who are committed to their work, and he looks forward to seeing their productivity. This visit marks Engineer Woke's first visit to any Zonal office since assuming office, and he chose Port Harcourt, his constituency, as his first.

Saturday, August 31, 2024

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Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report

 



By Forexlive

 

It was tough to tie the fundamentals to the market moves on 30/08/2024 , as is often the case at month end. Tokyo CPI was hot earlier and US PCE was a tad cool and normally that's the recipe for a USD/JPY decline but it was just the opposite as the pair climbed 116 pips in a steady rally that started in Europe and never eased.

That was part of broad bids in the US dollar that were supported somewhat by rising Treasury yields. However the 30 pip decline in the Australian dollar certainly went against the rip in equities.

The Canadian dollar was particularly volatile and rallied initially on a strong GDP number. However the details of that report showed no growth in June and July plus the vast majority of the growth in the quarter was driven by government spending. That led to a rethink, particularly following the drop in oil prices. All told, there were four 30-pip straight line moves in USD/CAD trading to round out a lively month. That will give North Americans plenty to digest over the long weekend.

The euro finishes the month above 1.10, which is a nice victory but a cent-and-a-half from Monday's high of 1.1201. It declined in four of the five days this week in a setback after three weeks of strong gains. Similarly, cable fell for the third consecutive day and showed few signs of life in month end trade.

On net, the US dollar rebound balances the market heading into what's going to be a lively September.

Thursday, August 29, 2024

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Thursday, August 22, 2024

NIGERIA BANK SHARE IS THE WORST NIGHTMARE



Financial markets can be volatile, and banking stocks, in particular, may be affected by various factors, including economic instability, regulatory changes, and global financial trends. Nigerian bank shares underperforming are a significant concern for investors and the broader economy. Several factors could be contributing to this situation:

1. Economic Challenges

  • Inflation and Currency Devaluation: Nigeria has been grappling with high inflation rates and a weakening naira. These factors erode the value of assets and reduce consumer spending power, which can negatively impact banks' profitability.
  • Economic Slowdown: Nigeria's economy is heavily reliant on oil exports. Fluctuations in global oil prices, combined with reduced production levels, can lead to economic slowdowns, affecting all sectors, including banking.

2. Regulatory Pressures

  • Central Bank Policies: The Central Bank of Nigeria (CBN) often implements stringent monetary policies, such as higher reserve requirements or interest rate adjustments, which can squeeze banks' margins.
  • Regulatory Compliance Costs: Increased regulation, especially around anti-money laundering and capital adequacy, can raise operational costs for banks, reducing their profitability.

3. Sector-Specific Issues

  • Rising Non-Performing Loans (NPLs): Economic challenges often lead to higher default rates among borrowers. Banks with significant exposure to bad loans may face reduced earnings or even losses.
  • Liquidity Issues: Banks may also face liquidity problems if they are unable to access funding or if they hold significant amounts of illiquid assets.

4. Investor Sentiment

  • Lack of Confidence: If investors lose confidence in the banking sector due to any of the above factors, it can lead to a sell-off in bank shares, further driving down prices.
  • Global Market Trends: Negative global economic trends or market sentiment can also spill over into Nigerian markets, affecting bank shares.

5. Competition and Innovation

  • Fintech Disruption: The rise of Fintech companies offering alternative banking solutions could be eroding traditional banks' market share, impacting their long-term growth prospects.

Potential Implications

  • Lower Returns: Investors might see lower returns on their investments in Nigerian banks.
  • Capital Flight: Continued underperformance might lead to capital flight, where investors move their money to more stable or profitable markets.
  • Banking Sector Consolidation: Smaller or weaker banks might be forced to merge or be acquired to survive in a challenging environment.

Understanding these dynamics is crucial for anyone involved in the market, whether you're an investor, a bank customer, or part of the financial sector.



Many Nigeria Lack Confidence in buying Bank Share or Stock. This  lack of confidence in Nigerian bank shares among investors is a significant issue that can have far-reaching consequences. For Nigerian banks to regain investor confidence, they might need to focus on improving transparency, addressing NPLs, ensuring sound corporate governance, and adapting to changing market conditions, including the rise of Fintech competition. Additionally, consistent and supportive regulatory policies can help create a more stable environment for investment.

 

Some Nigerians experience about Nigeria banking Shares

 

My N2.8 Million Banking Stocks Now Worth Less Than Toilet Roll by KnowAl

My N2.8 million banking stock is now worth N300,000 at the last valuation exercise I carried out about 5 months ago, before  I was banned and advised by my doctor to stop such exercise because of the irregular palpitation I get each time I am engrossed in the analysis and permutations.

With the recent sackings and removals of the top dogs in our supposedly capitalised and credit crunch resistant banks,  my already depleted stocks have finally taken that dreaded upper-cut.

Pastor Matthew Ashimolowo

"I would mention banks, there's nothing they can do. I bought for 36 million Naira First Bank at 36 Naira per share, it fell to 12 Naira. I lost that. I went and borrowed 60 million Naira in 2005 or 2006 from Sterling Bank to buy Skye Bank shares, it fell from 14 Naira to 2.50 Naira; washed away. Sterling Bank showed up in our office with 4 policemen to come and collect their money. I had to look for that money within 2-3 months.

The same Skye Bank who loaned me money when we were building a house, showed up in our church. Their risk manager came with about 10 staff to our service. I bought GTB for something like 18 Naira, GTB fell to 3.60 Naira."

-

 

 

Sunday, August 11, 2024

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.45%

 


By Investing.com

 

U.K. equities were higher at the close on Friday, as gains in the Mining, Industrial Metals And Mining and Pharmaceuticals And Biotech sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.45% to hit a new 3-month high.

The biggest gainers of the session on the Investing.com United Kingdom 100 were DCC plc (LON:DCC), which rose 2.29% or 104.00 points to trade at 4,641.00 at the close. Flutter Entertainment PLC (LON:FLTRF) added 2.23% or 325.00 points to end at 14,930.00 and Burberry Group PLC (LON:BRBY) was up 2.18% or 46.00 points to 2,158.00 in late trade.

 

Biggest losers included Hikma Pharmaceuticals PLC (LON:HIK), which lost 1.53% or 32.00 points to trade at 2,063.00 in late trade. BT Group PLC (LON:BT) declined 1.47% or 1.75 points to end at 117.00 and Segro Plc (LON:SGRO) shed 1.36% or 10.20 points to 739.20.

Advancing stocks outnumbered falling ones by 890 to 761 and 462 ended unchanged on the London Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.74% or 14.35 to $1,947.15 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.51% or 0.46 to hit $90.62 a barrel, while the November Brent oil contract rose 0.03% or 0.03 to trade at $93.73 a barrel.

GBP/USD was unchanged 0.10% to 1.24, while EUR/GBP unchanged 0.38% to 0.86.

The US Dollar Index Futures was down 0.17% at 104.87.

Friday, August 2, 2024

How to Open WhatsApp TV (WhatsApp status view) money Making avenue.

 

https://www.highratecpm.com/pr8d3ccgqs?key=7f0b1f84725c68d1dd0c122cd3030e9b

By Solomon Akpofure

Today, WhatsApp TV (WhatsApp status view) is money Making avenue. This guide is for you. Get ready for some serious gist and practical tips. Most people spent all day chatting with friends and family on WhatsApp. While others are thinking on how to turn their phone into a money-making machine.

You can run your own WhatsApp TV (WhatsApp status view). For those who might not know, WhatsApp TV is like having your own TV station, but on WhatsApp. You’ll be posting funny videos, news, gossip, and anything that will keep your audience glued to their phones.

This venture is not for the faint-hearted; it requires dedication and hard work. But if you have the passion and determination, you can definitely make it.

How to Open WhatsApp TV (WhatsApp status view)

1. Know Your Niche

you need to decide what type of content you want to show on your WhatsAppTV (WhatsApp status view). Do you want to focus on entertainment, sports, fashion, gossip, or even motivational talks? Choose something you are knowledgeable about and can maintain consistently.

if you are a lover of  gist and entertainment, that might be your calling. If you’re into fashion, start with that. Just ensure you can deliver steady content to your audience because consistency is power to maintain your WhatsApp TV (WhatsApp status view) business.

2. Create a Unique Name

Your WhatsApp TV needs a catchy name that stands out. Don’t just pick any random name. Make it unique and memorable. Something that people will see and remember instantly.

For instance, if your name is John and you want to focus on sports, you could name it “John’s Sports TV.” Simple, memorable, and straight to the point.

3. Set Up Your Business Profile

WhatsApp Business is your best friend for this journey. It has many features that will help you manage your WhatsApp TV effectively. Download it if you haven’t already, and set up your profile with your unique name, logo, and a short description of what your TV is about.

4. Build Your Contacts List for WhatsApp TV (WhatsApp status view)

You need people to watch your WhatsApp TV. Share your WhatsApp TV link with your friends and family, and then extend to your social media followers on Facebook, Twitter, Instagram so that people can see it. Where there is No contacts, No views.

You can also join groups related to your niche and promote your WhatsApp TV there. But don’t spam people. Make sure you add value with your posts.

Now, let me introduce you to a fantastic Facebook group.

 Geesolo Save for save WhatsApp status viewing.

This Facebook group can help you build your contacts list effortlessly. You can use it to gather contacts who might be interested in your niche.

Just join the Facebook group and post your WhatsApp number in this format https://wa.me/2349110121801 or +2349110121801 and watch people follow you.

.

5. Create Compelling Content

Content is king. You need to create content that will make people look forward to your posts. If you’re doing videos, make sure they are sharp and interesting. If it’s text, make sure it’s engaging and funny.

Try to mix your content. Do some videos, some text updates, and sometimes, even memes. Nigerians love memes, so use them well.

6. Schedule Your Posts

Don’t just post randomly. You need to have a schedule. Decide how many times you will post each day and stick to it. It could be morning, afternoon, and night. Just make sure your posts are regular.

People expect consistency. If you post today and disappear tomorrow, your audience will get tired and leave. Don’t let that happen!

7. Engage with Your Audience

This point cannot be overstressed. Engage with your audience. Reply to their messages, do giveaways sometimes, and ask for their opinions. Make them feel like part of your WhatsApp TV.

If someone sends you a message, reply to them. If they comment on your post, acknowledge it. This helps build loyalty and trust.

8. Monetize Your WhatsApp TV

How do you make money from this? Well, when you have a large audience, businesses will start to notice you. They will want to advertise with you, and that’s where the money starts to roll in.

You can charge for ads, do sponsored posts, and even sell your own products. But please, don’t overdo it. Make sure the ads are not too many to avoid overwhelming your audience.

9. Stay Updated

The world is constantly changing, and so are social media trends. Stay updated with what’s happening in your niche. If it’s fashion, know the latest trends. If it’s sports, stay updated with the latest scores and news. This will help you remain relevant, and your audience will always look forward to your posts.

10. Collaborate with Influencers

No one is an island! Sometimes, you need a little help from people who already have a large following. Collaborate with influencers in your niche. They can help you reach more people and grow your audience faster. Just make sure the collaboration is mutually beneficial.

11. Analyze and Improve

Always monitor your progress. Use analytics tools to see what’s working and what’s not. WhatsApp Business has some basic analytics, but you can also use external tools for more detailed insights.

Check which type of content gets the most engagement, what times your audience is most active, and what they like the most. Use this information to improve your content and strategy.

Conclusion

Guy, it’s not a small feat! Opening and running a successful WhatsApp TV requires dedication, but with hard work, consistency, and a smart approach, you can achieve it. Remember, start with what you know, build your contacts list with tools like Geesolo Save for save WhatsApp status viewing. and always engage with your audience.

Consistency is what will keep you in the game. Post regularly, engage with your audience, and continuously improve your content. Before you know it, you’ll be cashing out, and your WhatsApp TV will become the talk of the town.

 

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