…Centre, Onikan, Lagos, within the jurisdiction of this Honourable court, did sell and trade in the sum of N850,000.00 and thereby committed an offence contrary to Section 21(4) of the Central Bank Nigeria Act. 2007 as amended and punishable under Section 21(10) of the same Act.'' The charge against Faith Chukwujeku rea…

…sparked discussions online after comparing the financial realities of Nigerian market traders with those of some corporate workers. The young woman, identified on X as @ChisomAgbafor, shared her observation about Nigerian market traders and questioned the common perception of who is considered financially poor. In a po…

Musicians Wande Coal and Davido trade words after Davido reveals why their unreleased song never dropped Nigerian music stars Wande Coal and Davido have exchanged words online after Davido spoke about a song they recorded together that was never officially released. Davido recently explained why his verse on Wande Coal…

…us encourage all political parties to understand that insecurity is not something to be traded with for the purpose of winning the hearts of citizens. The citizens are aware that we are in trouble. From Obasanjo, Yar’adua and Jonathan to Buhari and today. We need to be fair and just,” he said. Drawing from his experien…

…Thousand Naira) cash, and expensive jewelry, consistent with the proceeds of his illicit trade."A subsequent search of his luxury apartment on Banana Island, Ikoyi, led to the recovery of exotic vehicles.Marwa said investigations showed the cartel used false identities to conceal the true consignor of its shipments, re…

…who committed suicide allegedly using methods advised by ChatGPT. The US Federal Trade Commission has also launched an inquiry into AI chatbots that act as digital companions, focusing on potential risks to children and teenagers. Like social media companies, AI giants are facing growing regulatory pressure, with Congr…

…and West Texas Intermediate (WTI) at $79.95 per barrel. Nigeria's own Bonny Light crude traded at an average of $93.86 per barrel over the same period. The naira exchange rate used in the assessment stood at N1,362.53 per dollar, adding further pressure to the cost of sourcing foreign-refined products.Petroluemprice.ng…

…marks the strongest level recorded by the naira since April 22, 2026, when the dollar traded at N1,348.45 in the official market.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!The CBN recently removed restrictions that had prevented banks from accessing its SLF, also known as the disco…

…N1,410— N1,420 The data shared on the CBN’s official platform shows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,349.5372 per dollar and closed at N1,350 per dollar. The currency, which traded at an NFEM rate of N1,357.6088 on Friday, August 17, 2026, appreciated by at least N8.07 aft…

…from the economic opportunities inherent in the practice of reserving coastal shipping trade for indigenous operators, the uncontrolled foreign domination of trade in a country’s coastal waters portends grave national security implementation for that country.” The unreleased book reads in part: “The idea of countries c…

…of arrests and prosecutions is evidence of Nigeria’s commitment to tackling the illicit trade,” he stated. The visit was part of a broader UNODC mission to strengthen partnerships in Nigeria, engage development partners and review ongoing field operations. A major focus of the meeting was the introduction of the UNODC…

…more, we call on the general public: as much as we are Nigerians and we encourage trade in and out of the country, people must adhere to the laws of the land. You must declare the currency you are carrying. If you declare it, nobody will seize your currency," he said. by Linda Ikeji at 17/08/2026 6:59 PM | Share this S…

…losses linked to addiction, crime and social dislocation. The NDLEA boss also linked the trade in illicit drugs to Nigeria's broader security challenges, noting that drug trafficking helps fund organised crime, terrorism and violent extremism globally, and that by seizing and destroying such substances, the Agency is s…

…reported that the Nigerian government is set to empower market women, small-scale traders, and artisans with access to zero-interest loans of up to N100,000 through its upcoming programmes, MarketMoni and TraderMoni.MarketMoni will provide market women with interest-free loans to grow working capital, restock inventory…

…for the latest models.The business opportunity also stretches into repairs, accessories, trade-ins and refurbishment, creating several revenue streams around the same customer base, according to a BusinessDay report.5. Budget supermarketsInflation has fundamentally changed how Nigerians shop. Consumers are increasingly…

…limited to pockets of demand on the long end of the NTB curve, where the 12 August bill traded around 17.30 per cent. On the Open Market Operations (OMO) curve, selective interest emerged in the December maturities, with the 22 December and 29 December bills changing hands at 19.65 percent and 19.75 percent respectivel…

…has insisted that the All Progressives Congress, APC, defeat in Osun State is not a trade-off for Governor Ademola Adeleke’s support for President Bola Tinubu ahead of the 2027 presidential election. Adeleke won Saturday’s keenly contested governorship election after polling 511,067 votes. The APC’s governorship candid…

By Yinka Kolawole India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from $7.13 billion recorded in 2024–25, as economic ties between both countries deepen beyond oil and commodities into manufacturing, healthcare, energy, technology and job creation. The Indian High Commissioner to Niger…

…a state where commercial centres such as Onitsha and Nnewi host large concentrations of traders, manufacturers and other SMEs. Early use of the Smart Anambra platform indicates demand for digital government services. Agbata said that the platform recorded about 14,000 visits between 9 and 29 July, averaging roughly 700…

…their corporate clients regularly adjust foreign currency exposures based on immediate trade obligations and broader economic indicators. The overall contraction in market activity was primarily driven by a significant reduction in FX Spot transactions, which serve as the primary window for immediate foreign currency s…

…on Instagram!Naira Remains Stable in Black MarketIn the parallel market, the dollar traded at around N1,420, leaving a gap of 4.64% between the unofficial and official rates. That spread narrowed slightly from the 4.71% recorded in the prior period, suggesting both market segments remained broadly aligned.Trading volum…

…in 1965, is a 26-storey building that was financed from proceeds of the region’s cocoa trade. It was widely recognised as West Africa’s first skyscraper at the time of its completion and has remained a defining feature of the Ibadan skyline. According to a statement shared with Sunday Scoop, as part of the installation…

…Local Government Area, said the gesture would strengthen small businesses, improve traders’ access to capital and stimulate grassroots economic growth across the district. The governor, who commended the NSUBEB chairman for giving back to society, urged the beneficiaries to make judicious use of the funds by starting p…

Some petty traders around polling units in Ede and its environs recorded brisk sales on Saturday, attributing the increase in patronage to the large turnout of voters during the Osun governorship election. The traders, who spoke in separate interviews with the News Agency of Nigeria (NAN), said the election provided a…

…settling at N5.32. During Friday’s trading, market activity weakened, with total volume traded declining by 66.64 per cent to 1.41 billion shares, valued at N45.31 billion, across 39,134 deals. Fortis Global Insurance recorded the highest volume, with 874.08 million shares traded, accounting for 61.83 per cent of the t…