…life of the people revolves around farming, fishing, livestock rearing and cross border trade. Read Also: Death toll in Taraba bandits’ attack now 50 From the early hours, residents and traders from neighbouring communities were busy going about their daily activities. Farmers brought their produce to market, food sell…
…naira in seized and destroyed goods lies a more disturbing reality: the human cost of a trade that preys on consumers, undermines medical treatment, drains family resources and puts lives at risk. Health experts have therefore raised the alarm that harmful substances in counterfeit medicines, drinks and food products c…
…promptly. He identified children, older persons, pregnant women, outdoor workers, street traders, construction workers, waste handlers and people with underlying health conditions as particularly vulnerable. Wahab urged families, employers, schools and community leaders to pay special attention to these groups and ensu…
…premium.EBOB, also known as Eurobob, is a widely used benchmark for gasoline blendstock traded in European physical and derivatives markets.Under the arrangement, petrol prices are linked to the benchmark, with additional premiums determined by commercial agreements.Exchange rates and other applicable costs can also in…
…systems and lower production costs to take advantage of the African Continental Free Trade Area, which offers access to a wider continental market. Feese said the recommendations followed consultations on mining, the blue economy, power, oil and gas, and industrial competitiveness. She urged businesses and other stakeh…
…products market adjusts to increased domestic production and changing international trade flows. Maher-Bonnett said the Dangote refinery is operating at a high rate, with steady petrol output, reducing the attractiveness of importing some petroleum products from Europe into West Africa. “Dangote’s 700,000 bpd Lekki ref…
…caused by the road, saying some businesses had been locked up despite the difficulty traders faced in attracting customers. “People open their shops, but customers hardly come because of the state of the road. Despite this situation, officials still come to lock up their businesses over shop permits,” he said. Similarl…
…coverage from payroll-based participation to broader population inclusion, targeting traders, farmers, transport operators and other informal workers.Through the Personal Pension Plan (PPP) and accredited pension agents, PenCom intends to reach previously underserved Nigerians.She emphasised that the target involves th…
…and constructive national conversation,” he stated. He urged professionals engaging traders to recognise the pressures confronting businesses and advised those interacting with young graduates to acknowledge employment challenges while encouraging entrepreneurship and innovation.Make PUNCH part of your everyday experie…
…57 and 60 people dead. The attack occurred on October 23, 2026, when residents and traders gathered at the community market, according to a motion moved on Thursday by Mohammed Audu, who represents Karim Lamido, Lau and Ardo Kola Federal Constituency. Audu told the House that the assailants opened fire on the market, k…
…skin without reliable information about their composition. NAFDAC has urged consumers, traders and religious organisations to verify the sources of products they purchase and exercise caution when confronted with suspicious packaging or unusually presented goods. The agency also called on Nigerians to report suspected…
…automatically be treated as sales revenue or business profit.He cited an example of a trader receiving a ₦500,000 loan, noting that the amount should not be classified as ₦500,000 in business sales or profit when properly documented.The clarification is particularly important for small business owners who regularly rec…
…did the government consult before coming up with such a plan? Did it consult the trade union movement; the organised representatives of Nigerian workers? Did it consult the civil society organisations that represent the people it governs? “There is no workable solution that can proceed from a government whose policy me…
…for the payment. While the government approved the intervention from November, the Trade Union Congress rejected the allowance and demanded an immediate salary increase for workers and implementation of outstanding agreements with health workers. Read here: https://punchng.com/states-hold-n264bn-ubec-funds-as-schools-s…
…local-currency settlement, and the role of financial technology in expanding bilateral trade. He highlighted how Nigeria’s removal from the FATF grey list, improved FX stability, and growing foreign reserves are rebuilding institutional confidence and opening opportunities for African businesses."A few years ago, if yo…
…Online brings you some of the major stories making headlines in Nigeria and beyond. The Trade Union Congress rejected the Federal Government’s proposed N70,000 allowance, demanding permanent salary increases, while the United Kingdom raised the amount international students must show as proof of funds for visa applicat…
The Trade Union Congress of Nigeria has rejected the Federal Government’s proposed N70,000 wage award, demanding an immediate salary increase for workers and the implementation of outstanding agreements with health workers under the Joint Health Sector Unions. The congress said temporary wage awards were inadequate to…
…and follow the instructions to submit it. The platform verifies the card and, if the trade is approved, pays you in naira at the applicable rate and under the terms.For many Nigerians, gift card trading offers a way to convert cards they cannot easily use into money they can spend locally.Several platforms offer gift c…
…and safety standards to protect factory workers and prevent workplace accidents in free trade zones.The Administrative Manager of NEPZA, Mr Steven Makanjuola, gave the assurance on Tuesday during a press conference at the Ogun–Guangdong Free Trade Zone, OGFTZ, in Igbesa, Ado-Odo/Ota Local Government Area of Ogun State.…
…1,487.21% to 5.23 billion shares, with First HoldCo accounting for 4.87 billion shares tradedPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the…
…businesses to take advantage of opportunities under the African Continental Free Trade Area, saying the country’s industrial future depended partly on its ability to compete in regional and international markets. While expressing confidence in Nigeria’s economic prospects, Rabiu said the country needed to convert its n…
…from multiple parties behind the president's re-election bid.The two politicians have traded tensions over how the coalition operates, particularly in states like Imo where the APC and PDP are expected to contest seats against each other in 2027. Wike has maintained that coalition members' support for Tinubu does not p…
…The BUA chairman urged Nigeria to take advantage of the African Continental Free Trade Area through improved transport infrastructure, efficient ports, payment systems and easier cross-border movement. He proposed a new economic accord anchored on policy stability, productive investment, human capital development, long…
…CBN dollar rate changes amid fresh pressureAccording to the apex bank, the dollar traded between ₦1,359 and ₦1,380 during Monday's session at the Nigerian Foreign Exchange Market (NFEM).The trading range marked an improvement from the previous week's intraday high of ₦1,395, although the naira remained under pres…
…of Budget and Economic Planning, Senator Abubakar Bagudu; the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole; the Minister of Livestock Development, Idi Mukhtar Maiha; the Minister of State for Budget and Economic Planning, Dr. Doris Uzoka-Anite; and business leaders from across Nigeria and beyond, amon…