Bitfinex hold their first community hangout in Nigeria - AfrobadooTV
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Bitfinex hold their first community hangout in Nigeria

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Bitfinex is one of the top and oldest trading platforms in the world. It is a trading platform for sophisticated and professional traders. After millions of secured transactions carried out on Bitfinex, communities have emerged from various parts of the world. These communities have expanded to multiple professionals helping each other grow on their crypto journey.
Time out in Bitfinex was created by and for the African community and it was graced with the attendance of two crypto industry leaders, Chuta Chimezie, the founder of Blockchain Nigeria User Group, and Linda I.A Obi founder of Techonomy.
The event began with a welcome and Introduction by Paolo Ardoino, the Chief Technology Officer for Bitfinex. Linda I.A Obi spoke on the inclusion and diversity of female representation in crypto-trading, crypto-trading techniques for beginners and advanced traders and she also shared the pros of trading with Bitfinex.
Chuta gave an insight on trading and blockchain in particular. He spoke about crypto in Africa and the need to position yourself rightly in the space by acquiring as many relevant skills as possible. Members of the community asked the speakers questions and were able to learn and gain a balanced view of the cryptocurrency industry as a whole and its future.
We are really excited that Bitfinex is finally coming to Africa.

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Inaugural flight: Green Africa begins operation in Ibadan Airport

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Green Africa Airline today, 12th of October, 2023 joins the league of other existing airlines operating in Ibadan airport.

The Founder and Chief Executive Officer, Babawande Afolabi officially announced the commencement of operation at the inaugural flight ceremony which was graced the deputy governor of Oyo state, some chieftains and some state house of assembly Honorables.

The airline is scheduled to operate throughout the week except on Wednesdays and will cover Ibadan, Lagos and Abuja.

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Storm Exchange Your Trusted Solution For Digital Currency Exchange

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Storm Exchange over the years have been confirmed to be one of the most reliable platforms to trade digital currency. The platform has also gained wide recognition due to their reliability and swiftness.

Udeogu Chinedu Paul, CEO Storm Exchange is from the Eastern hemisphere of Nigerian but his platform is known all over the world as of today.

Udeogu Chinedu Paul was born on the 1st of April, 1998 and attended Saint Paul primary school and later attended Ikwodiaku Primary school, Awka before later proceeding to Bishop Chrowther Seminary, Awka.

Speaking to newsmen about his journey to being a successful trader, he explains that his secret is simply fear of God. If you include fear of God in everything you do, success will eventually embrace you.

I have never doubted myself from day one, I have never had any plan to be dubious because I know it won’t end well.
The fuel of my success however, is swiftness, reliability and trustworthiness.

I always mention trustworthiness because what I am enjoying today mostly is referrals. My clients always refer me to their friends and family simply because of my level of trustworthiness.

Going forward, Paul sends a strong message to other trading platforms that the digital world is here to stay, it has rapidly evolved and the sky is wide enough for every trader to trade. He therefore, advises them to invest more in trustworthiness for it is the fuel to being a successful trader.

When Paul was asked where he would love to be in few years time, he said he is not stopping until he becomes the number one trader in the whole world. He plans to have the strongest platform in the whole world and prays that God grants his wishes.

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Stock market jumps to 15-year high after Emefiele’s suspension

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The Nigerian stock market rose to its highest level since July 2008 on Tuesday, the first day of trading after the suspension of the Central Bank Governor, Godwin Emefiele.

According to a report by Bloomberg, investors are betting on a currency devaluation and sent the main index of the Nigerian Exchange to above 57,437 points, which contrasted with a flat performance for MSCI’s main emerging equity benchmark.

 

The report stated that this move takes the country’s stocks’ year-to-date gains to 11.8 per cent, almost double the six per cent return on the MSCI index.

It noted that the rally, which followed increased gains on Nigerian dollar bonds on Monday, reflected optimism over the policy signals from the newly elected President, Bola Tinubu.

The head of research at Chapel Hill Denham, Tajudeen Ibrahim, stated, “An improvement in the economy will enhance the performance of companies operating in the market.”

Since resuming office, the new president has scrapped fuel subsidy and recently suspended the apex bank’s governor, Emefiele.

The NGX Banking Index has since risen by 8.5 per cent to 570.64, its biggest advance in more than eight years.

Ibrahim, added, “The exchange rate convergence is expected to lead to improvement in liquidity in the foreign currency market and will increase trading activities for the banks.”

Meanwhile, pressure is mounting on the naira to fall towards its market value. The currency has fallen to 474 per dollar, with traders betting on further depreciation.

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