The Exchange witnessed low activities last week. In the open market, Soybean was down by 11% w-o-w followed by Paddy rice and Ginger with a respective share of 4.52 and 4.58 following early harvest for commodities.
The Gross Domestic Product (GDP) can be derived as the value of all goods and services available for final uses and export. GDP at market prices includes net taxes on products; taxes are subtracted to obtain basic price GDP.
The 27th Nigerian economic summit scheduled for October 25th and 26th, 2021, will feature a lively debate on the best strategy for 'National Poverty Reduction'. Mrs. Aisha Waziri Ahmed, a member of the technical committee for the summit, disclosed this in a conversation on preparations for the event.
Proshare foundation, as part of its agenda of women empowerment in collaboration with the Redeemed Christian Church of God, Victory Chapel, Magodo, Lagos, organized a training workshop for 30 female entrepreneurs. It was an opportunity for capacity-building and knowledge-sharing for the women to upscale their businesses.
Proshare, a digital financial information hub focused on bridging the information gap between investors and markets through the development and deployment of credible, reliable and timely news, data, research " analysis, is set to host stakeholders during its Virtual Online Trading Webinar scheduled to hold on November 03, 2021, from 10am WAT.
Over the last three quarters of 2021, global Central Banks have been pressed to form a counterbalance to the gradual loss of monetary control in their domestic economies as blockchain-based cryptocurrencies went on the ascendency as a means of payment and settlement. Nevertheless, with global Central Banks designing and deploying Central Bank Digital Currencies (CBDCs), things are pivoting in new directions but with additional uncertainty.