₦airaland Forum

Mariangeles:
What kind of business does your wife want to do?
Have you asked her that?

Good question 👍

The Federal High Court in Lagos has ordered the permanent forfeiture of $835,081.46 traced to the dollar wallet of SDQ Facilitators Limited in Leatherback, also known as Rexel Nigeria Limited.

SDQ is one of the users on the platform of Leatherback – a cross-border payment startup.

Justice Deinde Dipeolu granted the order following an ex parte application by the Economic and Financial Crimes Commission (EFCC).


The commission’s application by its counsel, Saadatu Yabo, was brought under Section 44 (2) (b) of the 1999 Constitution and Section 17 of the Advance Fee Fraud Act 2006.

EFCC’s investigating officer Abubakar Magaji said the sum was reasonably suspected to be the proceeds of an unlawful activity.


On December 10, 2024, the court granted an interim forfeiture order of the money and directed the EFCC to publish it so that any interested person would show cause within 14 days why the final forfeiture order of the money should not be made in favour of the Federal Government.


No one came forward, paving the way for the court to order the final forfeiture of the funds.

In a supporting affidavit, Magaji said he was one of the officers assigned to investigate the petitions against Mr. Adegboyega Agbede, SDQ Facilitators Limited and Rexel Nigeria Limited (Leatherback).

He said: “It was alleged in the petitions that the suspects obtained from the petitioners the cumulative sum of N136,951,378,633 under the false representation that they have $224,601,850.15 USD to sell to the petitioners.



“That upon the receipt of the petitioners’ N136, 951,378.633, the suspects refused to remit the dollar equivalent or refund the naira but instead diverted the funds to their personal use.

“That the petitions against the suspects – Mr. Adegboyega Agbede, LawalMuh’d Kazeem of SDQ Facilitators Limited and Rexel Nigeria Limited – bordered on fraudulent diversion and obtaining the total sum of $8,113,366 USD under false pretence from the petitioners.”

Mbappe has made history with his record-breaking goal against Atlético Madrid!!




In a thrilling Madrid derby, Kylian Mbappe has made history with his goal against Atlético Madrid.

The 26-year-old Frenchman secured a point for Real Madrid in the 1-1 draw, but more importantly, he became the youngest player in history to reach 500 career goal contributions.

Mbappe's impressive feat surpasses the records of football legends Cristiano Ronaldo, Lionel Messi, and Neymar.

At age 26, Neymar had attained 492 goals contribution, Messi's tally was at 486, while Ronaldo was a long way off at just 302.


With 23 goals across all competitions this season, Mbappe leads Real Madrid in scoring and trails only Barcelona's Robert Lewandowski (27 goals) in the Pichichi race.

The French captain's success is not limited to his time at Real Madrid. During his seven-year stint at Paris Saint-Germain, Mbappe scored an impressive 256 goals, establishing himself as one of the most prolific goal-scorers in the world.

As Real Madrid prepares for their Champions League knockout phase playoff tie against Manchester City, the team will rely heavily on Mbappe's exceptional skills.


With his recent form, including six goals in his last four La Liga appearances, Mbappe is poised to lead his team to victory.




https://www.instagram.com/p/DF18HdZtAxX/?utm_source=ig_embed&ig_rid=78d2b115-e608-42f1-a63c-35b8a7885298&ig_mid=D382E0CA-B707-474A-B50D-DB732C8897B3

Lonestar124:
As an intraday trader, Learn to book profit the moment you reach 20pips or set breakeven, your one hour timeframe setup is good, but your trade can be invalidated by 4hour or daily timeframe structure if you do not consider it before entry, that is your SL being hit, because many forex broker manipulate their traders with higher timeframe, that is why I always identify with higher timeframe ranging down from daily timeframe to 15mins timeframe where I took my entry, I did not stop there, I go further to monitor the trade with 5mins and 1mins timeframe to know when the trade is going against me and close it manually...They are many to learn on forex trading, and we are still learning it.. Peace!!!

Thanks for this, i am learning to book profits and i did on that Vix trade including the Bitcoin trade i took.

Besides, i am a SMC student so i always do my analysis from Higher Timeframes before taking my trades on Lower Timeframes.
I am a DayTrader and a bit of Swing trader so 1hr is my entry timeframe and sometimes 15mins.

I know a bit about manipulation so i always trade in alignment with higher timeframe.
I'm still a learner though so i hope to learn more from you.

[quote author=peanutbutterr post=134004081][/quote]Thank you Mr Investigator. Congratulations!!

LincolnOnyeabor:
I will get a screenshot of the various Deriv instruments and how volatile they are and I will send it you or rather quote you with it.

Okay that would be great

LincolnOnyeabor:
Well, not all vix pairs. There are some that are very volatile, others that have low volatility and still those who aren't that volatile.

Just keep showing up. It will make sense soonest

Tnks, i like the encouragement. It helps a lot even though I'm a female.

Trump only stated the actual fact and didn't throw anyone under the Bus.
The United states is not Nigeria even though Elon musk played a vital role in making trump win, he can't do whatever he likes without the approval of Trump or the FG.

Trump is the one in seat not Elon and unlike some past leaders of dis country, trump won't be controlled by anybody.

WondaBeauty:
This is just my view... I don't know were the sell will end but still a learner and just observing!!

I entered BTC shorts, hoping the market goes bearish and waiting for those liquidities to be taken out..


Pls I'm still an avid learner and dis is just a demo acct

I've already closed the trade though. The market reversed and I didn't put a stoploss so i had to cut my loss.

Went bearish on Bitcoin

LincolnOnyeabor:
Are you being serious right now boss

0.02 lot size on Vix 75 in Deriv on a $10 account and you're saying its good risk management?

You obviously don't know how some Deriv pairs work boss

I know that lot size was really risky cos from my research, Vix pairs are very volatile.

Kaesyrn:
Personal opinion - the lotsize used was proper for an equity of say $10 it shows you're trying to maintain good risk management although the only thing missing was your stoploss

Yeah, i forgot the stoploss out of FOMO of entering the trade but i will remember next time.
Promise..


You seem like a good synthetic trader, i guess i could learn a lot from you.

Eriokanmi:
Mexico isn't Canada. Mexico is like some african nations wallowing in poverty. They don't have a choice but dance to Trump's tunes..Trump has met his match. Canada is no small country and those who have been there would concur. You know what? Canada too goes to China like the usa does so, it's not as if they're benefiting substantially from the usa. Trump will be disgraced in the end. Imagine south africa telling Trump to mind his business. I read it here this evening. I see more jabs coming from other nations to him

He should just focus on making America great again, according to his slogan . Good luck to him

Go and check your news again

DaddyCoool:
So much for all that.
Canada has ALREADY surrendered b4 war even start😅

Trudeau also announced that Canada is implementing a "$1.3 billion border plan" to add new choppers, technology and personnel to border, as well as "increased resources to stop the flow of fentanyl".

"Nearly 10,000 frontline personnel are and will be working on protecting the border. In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering," he adds.

"I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million"

https://www.bbc.com/news/live/c8d90v1m6qvt

I saw this news too and i was surprised at his comment.

Kaesyrn:
Valid trade, been shorting this since last week.

Kudos to you for calling this one out!

Thanks for the words, hoping to learn more from you too


I already closed some of the trades actually and took some profits though. Also the lot sizes i used wasn't realistic like someone stated here so I closed them and left one with a TP target.

Its still selling..

DrAda:
Why is this news for crying out loud? If you are exchanging words with someone, is it really out of place to say heated words that include "Call your president".

Or am I missing out on something?

It is really out of place to say words like that which doesn't relate to the argument.
This has put a lot of people in trouble especially we females and not shocking, the 2 people involved in this are also females.

Gosh


Control your tongues during arguments.

Why didn't the Canadian president or Prime minister enter into a dialogue with Trump like the Mexican president did concerning this tariff issue or is there something we don't know?

The Donald Trump effect has now entered Africa.

What continent remains?

Xidget:
There many of them, if u Google "Best stockbrokers in Nigeria ", u will get list of them.

Though the most popular ones
MorganCapital
Atlasportfolio
Meristem
Investmentone
Cardinalstone

You can register with any broker online. Just Google

Thanks a lot..

I don't know if i should drop this here but criticisms are welcomed.

I'm bearish on VIX 75 index, reason is the market just hit a slightly strong resistance zone which i indicated with that yellow horizontal line there so i entered short.

Having some little profits now and still holding though..



This is just a demo account, still an avid learner.

Good afternoon guys & pro traders, are there any synthetic indices traders in the house?

mikeapollo:
Visit the website of the SEC https://sec.gov.ng and see/search for list of registered/approved securities brokers

Okay, thanks

My Eth Analysis....this is just a result of what i see

I stand to be corrected!!

Allsmilez999:
Great outlook!

Thanks.... still a newbie and a learner. Will appreciate more knowledge

Deadlytruth:
Stocks are not exactly same as forex currency pairs.

I know that and that's the reason for my question

Xidget:
Trove app has a demo account. But when you want to start investing real money, register with a licensed broker.

Okay i will check it out. Please how do I register with a licensed broker especially here in Nigeria?

How do I locate one?

This is just my view... I don't know were the sell will end but still a learner and just observing!!

helinues:
Doge and Xrp are not traditional coins. Exactly what I just talked about above.

All those new meme coins are scam. Not even the professionals can predict accurately their movements.

I am returning back to traditional coins like Sui, 1000flokki. Those are stable and easy to analyse

I'm not sure you understand the real meaning of traditional coins

SINisSIN:
PATIENCE will eventually win this market. From now till October, more than enough months for wonders to happen. If you sell now, na you loose.

That's what they want you to do. SELL and GIVE UP!

I feel the same way too

Please is there any stock trading app that gives a demo account for practice?

I really need to know

Please is there any stock trading app that gives a demo account for practice?

I really need to know