Spacefinish gives an inside – Spacefinish gives an inside…

Spacefinish gives an inside – In today’s dynamic business…

In today’s dynamic business landscape, workspace strategy has emerged as a powerful catalyst for transforming business growth. Forward-thinking businesses recognize the immense potential of aligning their workspaces meticulously with their overarching business goals. Today, this strategic alignment has become the cornerstone, propelling companies toward unparalleled success, Spacefinish is helping companies achieve this alignment.

Leading payment technology company Flutterwave, partnered with Spacefinish & Campus HQ to embark on a transformative journey. Their mission: to leverage the power of workspace design to foster business growth, build trust, strategic partnerships, and brand shift in line with global ambitions.

Flutterwave, sought to elevate their Unicorn status in line with their journey to becoming an IPO company. They took a bold step relocating Headquarters to the renowned Kings Tower building, reflecting a seamless integration of brand values and future aspirations including preparations for an imminent IPO.

Spacefinish is a global leading workspace strategy company which specialises in the design and build of commercial office spaces. Dedicated to driving business growth and innovation, Spacefinish approaches its projects with a human-centred focus. So far the company has partnered with business giants such as Google, Meta, X (formerly Twitter), PwC, Union Bank, Kingmakers, Mastercard and more.

Spacefinish’s workspace strategy expertise ensures that every aspect of this Headquarters embodies Flutterwave’s brand commitment to forging partnerships within the financial ecosystem, product innovation and stakeholder engagement setting the stage for continued growth and expansion.

Inside the New Flutterwave Headquarters | Powered by Spacefinish x Campus HQ

But this partnership extends beyond aesthetics to strategic considerations of driving tangible business outcomes leveraging the workspace. The deliberate relocation of senior executive and product teams to the new HQ underscores Spacefinish’s focus on fostering synergy. By bringing key decision-makers closer together, Spacefinish enhances collaboration, accelerates decision-making processes and drives strategic initiatives critical to Flutterwave’s success.

In a LinkedIn post by the Remi Dada, CEO/Founder Spacefinish & Campus HQ; he said;

“It’s been a tremendous journey for the Spacefinish & The Campus HQ team since we embarked on a groundbreaking partnership with one of Africa’s unicorns, Flutterwave to design its executive headquarters – to elevate their journey toward global expansion and IPO readiness.”

As Flutterwave’s new Headquarters in Kings Tower opens its doors, it stands as a beacon of innovation. Through the lens of Spacefinish’s expertise, this partnership showcases the potential of strategic workspace planning to drive business growth, foster innovation, and inspire the next generation of leaders.

About Spacefinish

Spacefinish is a global leading workspace strategy firm dedicated to transforming environments into strategic assets that drive business growth and innovation. With a focus on design thinking and data-driven insights, Spacefinish empowers enterprise companies and Fortune 100s to create spaces that foster stakeholder engagement, brand realignment and drive business growth. For more information, visit our website.

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Nigerian forex traders guide – Nigerian forex traders guide…

Nigerian forex traders guide – Nigerians looking to make…

Nigerians looking to make a profit from the forex market can do so by trading Forex. But trading forex isn’t risk-free, and when leverage is on the table, it can be even more challenging. A double edged sword: leverage can make profits — and losses — bigger. Leverage ratios are things that you have to know, and you have to have sound risk management strategies in order to be successful long term in forex.If you are trading forex leverage, then you need to look for the best forex broker in Nigeria. Through a trusted broker traders gain access to educational resources, competitive leverage options as well as risk management tools that help traders make informed decisions to achieve their goals. As such, platforms like HFM present Nigerian traders with a secure and user friendly environment that facilitates trading for beginner and professional traders alike.

What does leverage mean in forex trading?

For the rest of the trade in the forex market, leverage enables the traders to trade with a larger position even with a smaller amount of capital. It’s essentially a loan by a broker to boost your market exposure.

Example:

If a trader has $1,000 in their account and uses a leverage ratio of 1:If they’re able to safely repeat this process 100 times over, they can control a position worth $100,000. Potential profits are magnified and so are potential losses, based on how the market will go.

Common leverage ratios in forex

A typical broker provides different leverage ratios to suit individual styles of trading and levels of tolerance for risk. These ratios can range from 1:10 for the most conservative traders up to 1:500 for the ones willing to take greater risks. And so, Nigerian forex traders should know to decide on a leverage level that will go hand in hand with their trading experience and also their trading objective.Low Leverage (1:10 to 1:50): For beginners, who want to preserve capital first.Moderate Leverage (1:100 is Ideal for intermediate traders who desire a better risk to reward ratio).High Leverage (1:300 Best for those with some experience and a higher risk tolerance (and well defined strategies) (300 to 1:500).

The risks of high leverage

Leverage increases a trader’s potential but also their risk. Here are some of the key dangers associated with high leverage:

• Amplified Losses: Like all powers of leverage, it makes large gains — but also large losses. A trader’s account can be quickly depleted by a small adverse market movement.

• Margin Calls: Also, if the market goes against a leveraged position, the broker may call for a margin (deposit more money with your broker or close your position).

• Emotional Stress: Volatility in a trader’s account increases when he or she has high leverage, and a trader has to make emotional decisions and imTuro247newz.com trades.

Strategies of managing risk as Nigerian forex traders

It all boils down to risk management, which is very crucial, even more so when you are using leverage. Here’s how Nigerian traders can safeguard their capital and mitigate risks:

1. Set a Risk-Reward Ratio: This is defined in trading terms as a risk re w r d ratio, simply meaning how much capital a trader is willing to risk for the possibility of a profit. A common ratio is 1:there are 3 where the potential reward is three times the amount at risk. It ensures that at least some of the traded gains will compensate for the losses of other trades, so the overall strategy is profitable.

2. Calculate Position Sizes: Position sizing is the factor determining the amount of capital to put on one trade. Traders can use a position size calculator to make sure that they don’t have more than a set percentage of their account exposed on any trade—usually 1% to 2%.

3. Diversify Trades: Traders should, therefore, diversify their portfolio rather than all their capital held in a single currency pair. This distributes the risks from the platform onto multiple trades, minimizing the effect of any negative movements in one pair.

4. Avoid Overleveraging: High leverage sounds attractive but you should use it carefully. Don’t jump into leverage you can’t afford, and remember that leverage means amplified losses. Even though forex trading is no new thing, there is still a significant amount of debate and confusion about what to look for when choosing a broker. Choosing the right forex bro­ker to compromise returns becomes possible. A forex broker in Nigeria that employs the best method has all these available on the table for the trader to use to achieve success.

Key features to look for

• Regulation and Security: When you find a regulated broker, you know your funds are safe, and trading is always transparent.

• Flexible Leverage Options: The good broker is supposed to give you leverage options… determined for different trading styles so the trader can choose the one they deem fit for them.

• Risk Management Tools: Margin calculators, stop loss orders and market alerts are too complex for basic traders but risk management tools that do exist are advanced and assist in managing risk.

• Educational Resources: The broker offers traders webinars and tutorials and provides market analysis in order to enable traders to make informed choices.

• Competitive Spreads and Low Fees: The trading costs, in general, and the high frequency trading cost, in particular, are part of the overall profitability.

Continuous learning is important

Leverage and risk management is not a fixed thing, but a changing one the more the trader learns and reacts to market conditions. Therefore, Nigerian forex traders who desire to refine and increase their performance of strategies ought to learn continuously.

Tips for ongoing improvement

Keep a watchful eye on market trends, and economic events that adjust currency movement. Try working with those new strategies in demo accounts prior to working with them in live markets. Work with trading communities to gain from what others experienced in their trading. Leverage is a powerful, double edged sword that can greatly increase profits or can lose you all your hard earned money. Knowing the leverage ratio and how to effectively manage your risk as a Nigerian forex trader is the first step to consistency. 

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Our reforms support strong, – Our reforms support strong,…

Our reforms support strong, – The Governor of the…

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the bank’s reforms align with efforts to establish a stronger and more resilient African financial architecture.

Cardoso said this on Saturday in Abuja during his remarks at the 5th African Union Extraordinary Session of the Specialised Technical Committee (STC) on Finance, Monetary Affairs, and Economic Integration.

He listed some of the reforms as the transition to a unified exchange rate framework, removal of fuel subsidies, and recapitalisation of deposit money banks.

According to him, in alignment with efforts to build a stronger and more resilient African financial architecture, the CBN had implemented significant reforms aimed at fostering stability, resilience, and growth.

“Notably, the bank had transitioned to a unified exchange rate framework, enhancing transparency and boosting investor confidence in Nigeria’s foreign exchange markets.

“In the financial sector, the ongoing recapitalisation of banks has strengthened the industry’s capacity to withstand economic shocks and support sustainable credit growth.

“Additionally, the removal of fuel subsidies has created fiscal space for strategic investments, while targeted policies to enhance diaspora remittances have contributed to an improved external reserve position,” he said.

The CBN governor said that these measures underscored Nigeria’s commitment to building a robust financial system and aligning with regional aspirations.

He said that the extraordinary meeting was convened under the theme, “Building a Stronger and Resilient Africa Financial Architecture”.

He said that the meeting underscored the unwavering commitment to realising the ambitions of the “Abuja Treaty” and the African Union’s “Agenda 2063”.

“Central to these pursuits is the establishment of the African Monetary Institute (AMI), a landmark institution that will serve as the cornerstone of Africa’s financial and economic integration.

“There is also the operationalisation of the African Financing Stability Mechanism (AFSM), which is essential for fostering financial resilience within our continent.

“The establishment of AMI will mark a significant milestone in Africa’s journey toward a common currency., while the AFSM represents a proactive approach to safeguarding financial stability in an increasingly uncertain global economic landscape,” he said.

Also speaking, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, commended the Africa Union Commission for its exemplary organisation and facilitation of the “all-important meeting”.

Edun, who was represented by Aisha Umar, the Director of Special Duties at the Federal Ministry of Finance, said that the theme of the ministerial dialogue underscored the importance of Africa working collectively in a more coordinated manner.

He said that such continental cooperation would help in shaping up its economies in a way that African countries would not be dependent on aid from international partners.

“It emphasises that only through collective endeavours can we navigate through the challenging times that face us.

“Already, the painstaking and robust interventions undertaken by our team of experts in fulfilling the mandate we gave to the STC is a clear manifestation of the African spirit of solidarity,” Edun said.

He said that in the past few years, Africa‘s economy has experienced significant challenges.

He listed such challenges to include poverty and inequality, dependence on aid, global competitiveness, periodic debt crises, small sizes of economies, and climate change.

“We can overcome these challenges collectively by building a strong economy and using reforms to strengthen the economic management systems of our continent,” he said.

The News Agency of Nigeria (NAN) reports that Dr Hanan Morsy, Deputy Executive Secretary and Chief Economist of the United Nations Economic Commission for Africa, was also present at the meeting.

Others are Prof. Kevin Urama, Chief Economist, of African Development Bank; Dr George Elombi, Executive Vice President, African Export-Import Bank, and Amb. Albert Muchanga, Commissioner for Economic Development, African Union.

There was also Neal Rijkenberg, First Vice-Chairperson, of the Bureau of the STC, and Minister of Finance, Kingdom of Eswatini.

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