…stressing that illicit drugs weaken the labour force, raise healthcare costs, discourage investment and drain public resources that should go into education, healthcare and infrastructure. He added that every consignment intercepted by the Agency saves the country billions of naira in potential losses linked to addicti…
…Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Nigeria’s cash-access landscape is changing as the Central Bank of Nigeria (CBN) tightens its rules around ATM withdrawals and agent banking, even as fresh data show PoS transaction volumes f…
…feed!Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Google’s Android 17 update is officially here, but millions of Android users are still waiting to see it appear on their devices.As of August 17, 2026, Google’s Pixel phones lead the rol…
…Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Nigeria’s economic recovery may be improving some headline indicators, but millions of households are still grappling with high living costs. Food, transportation, electricity, housing and ot…
…a broader search for relatively high-yielding, government-backed securities with defined investment horizons amid elevated money-market rates. Repeated oversubscription at OMO auctions and the substantial amounts allotted by the CBN highlight the depth of demand. For investors, the appeal lies in the ability to lock in…
…“Produce Nigeria” will focus on productivity through industrialisation, innovation, investment promotion, digital transformation and competitive value chains in agriculture, manufacturing and services. Under “Invest Nigeria,” participants will discuss investments in human capital and systems to reduce poverty, improve…
…Monument Realty, which grew into a prominent privately held real estate development and investment firm in the Washington, D.C., area.Darby’s fortune is estimated at $50 million, largely built through his investments in real estate, including office buildings, residential complexes, and large mixed-use developments.His…
…feed!Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.DRC becomes launchpad for a new era of mobile connectivity as Airtel customers begin connecting directly to satellites without a dishAirtel Africa and Elon Musk’s SpaceX-owned Starlink h…
…imports and more than 90 per cent in some medicine categories. She put Indian investment in pharmaceutical manufacturing in Nigeria at about $4 billion, reflecting growing efforts to produce medicines locally rather than rely mainly on imported finished products. The trend is expected to support skilled employment, str…
…on the refineries, Kunle urged Tinubu to open up several sectors of the economy to investment rather than concentrating government resources on the old plants. He said, “He has power to open up the upstream of the oil and gas industry for himself and all his associated friends, and all businessmen in Nigeria that want…
…country, but will be connected to the rest of the world at large,” he said. He said the investment was justified by the economic contributions of riverine communities, stressing that improved connectivity would help unlock their economic potential. “These are communities based in the area that is giving so much to our…
…more than 4,000 abandoned mine pits across Plateau State as potential sites for new investments in energy, tourism and fishery, following decades of mining activities. The Minister of Solid Minerals Development, Dele Alake, said the government was seeking private investors willing to partner with it to transform the ab…
…opportunity and the belief that education and empowerment remained among the greatest investments any society could make. He said the 500-seater centre was equipped with brand-new laptops for each seat, as well as a Local Area Network and other accessories required for computer-based tests. According to him, the centre…
The National Sugar Development Council has said it is mobilising a $1bn investment pipeline to accelerate Nigeria’s drive towards sugar self-sufficiency. The council said the initiative was anchored on a $1bn engineering, procurement and construction-plus-finance partnership with SINOMACH of China and a N10bn Sugar Pro…
…initiative transitions from annual grants to multi-year funding for sustainable social investmentPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.The NNPC Limited/FIRST Ex…
…activities covered maritime services, fishing, finance, real estate and international investments. Through companies including Fairgate Group Limited, Fairgate Estates Limited, Fairgate Investments Limited and Madandola Group, the late businessman built a substantial business empire with interests within and outside Ni…
…to comply with the SEC directive face fines, suspension or licence revocation under the Investments and Securities Act 2025PAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian…
…and distribution, fund industrial parks and logistics corridors and de-risk private investment through guarantees and blended finance. “This directly attacks energy costs in food processing, logistics failures in agro-processing and chemicals, and foreign exchange demand caused by imports.” The lender also believes tha…
…of the installation, Group Managing Director and Chief Executive Officer of Odu’a Investment Company Limited, Abdulrahman Yinusa, described it as a new chapter in the history of Cocoa House. He said, “For over six decades, Cocoa House has been the most visible testament to the vision of our founding fathers; the progre…
SEC has launched an initiative to help families recover unclaimed dividends and dormant investment accounts of deceased investorsAn awareness clinic educates beneficiaries on probate processes and documentation needed for asset recovery. The SEC said that Limited awareness hinders recovery; proper estate planning is cr…
…spend huge sums to secure electoral mandates could subsequently attempt to recover their investments through access to public resources. “When a mandate is purchased, governance becomes an investment recovery project. The politician who spends billions buying votes will naturally seek ways of recovering that money from…
…state government’s commitment to fostering industrial growth and attracting high-value investments for the collective benefit of the people. Abiodun said, “There is no doubt that as a responsible government, our administration has always recognised the roles of our royal fathers in advancing peace and driving rapid dev…
…applicants will join a four-week intensive programme covering business fundamentals, investment readiness, pitch preparation and one-on-one mentorship, according to Business Day.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Only the top-performing founders at the end of the cohort wil…
…Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.The price of liquefied petroleum gas (LPG), popularly known as cooking gas, has recorded fresh reductions at some major Nigerian depots, with Dangote Refinery and 11 Plc leading the latest do…
…Director of the National Hospital, Abuja, Dr. Jafaru Alunua Momoh, called for increased investment in teaching hospitals and expanded capacity for healthcare workforce training. Momoh said inadequate capacity and poor participation by some institutions in workforce placement programmes had contributed to challenges in…