…with the Federal Government on Tuesday (today), with the Nigeria Labour Congress and Trade Union Congress demanding concrete proposals on petrol prices, wage negotiations and other unresolved workers’ welfare issues amid the threat of nationwide industrial action. The talks, which follow an earlier meeting that ended w…
…timing of the attack compounded the tragedy. Binnari's weekly market draws farmers, traders and buyers from neighbouring settlements, making it one of the busiest days in the community's calendar. According to residents, the gunmen arrived in large numbers on motorcycles shortly after Friday congregational prayers and…
…could not unilaterally withdraw the EFCC petition, as demanded by the Ministry of Trade and Investment, because individual members had initiated it and the matter remained under investigation. She appealed to Oborevwori to direct the relevant authorities to release the funds, warning that the prolonged dispute had expo…
…anti-smuggling operation along Oyo Dam at Igbo-Ora, Ogun State, averting their illegal trade and potential harm to Nigeria's wildlife population. The Acting Comptroller, FOU Zone 'A', Deputy Comptroller of Customs Oladapo Afeni, disclosed this in a statement on Sunday, October 25, 2026. The interception occurred on Mon…
…cover.” His warning is moral: “You cannot destroy infrastructure, profit from illegal trade, and present yourself purely as an innocent victim. “You cannot demand millions in cleanup funds while harboring the very individuals who will re-break the pipes tomorrow.” He also punctured the IYC claim that surveillance by Ta…
…a strategic shipping corridor through which a substantial proportion of internationally traded oil normally passes.Further disruptions could increase shipping, insurance and crude procurement costs.Dangote, depot owners face fresh pricing pressureFor Nigeria, the international crude rally could translate into higher pe…
…State, thrived as a bustling civilian settlement inside a military formation, home to traders, residents and all manners of hustle. On October 12, bulldozers rolled in. The demolition followed expiration of a 24-hour eviction notice issued two days earlier to civilian occupants and traders. For years, the space ahad be…
…illegal occupation on the lower floors before the building was officially commissioned.Traders speak as 18-storey building collapsesOmar Ahmed, coordinator of the Eastleigh traders' committee, said the building had approximately twelve floors and was due to be opened formally in the near future. He said shops on the gr…
…tax assessments and the activities of unauthorised agents as challenges confronting traders. “In these spaces, the issues that shape perceptions of fairness are practical and everyday, evident through multiple levies on the same activity, collections without proper receipts, unclear assessment bases, and the presence o…
…in-depth knowledge of the Nigerian economy, stocks, and general market trends.The naira traded in opposite directions at Nigeria’s official and parallel foreign exchange markets on Thursday, October 22, 2026, gaining slightly against the US dollar at the official window while losing ground on the black market.In the pa…
…are not simply technical tools; they are strategic enablers of innovation, investment, trade and public trust,” she said. “By aligning around internationally recognised standards, we can help create the conditions for sustainable digital growth and unlock greater opportunities for businesses, governments and citizens.”…
…food quantity, forcing customers to cut budgets Meanwhile, farmers, agribusiness groups, traders and consumers have attributed several factors, including the high cost of transportation, delayed and uneven distribution of farm inputs, inadequate storage systems and insecurity in some farming communities, to the factors…
The Nigeria Labour Congress and the Trade Union Congress have threatened possible nationwide action over unresolved workers’ demands, following a meeting with the Federal Government that ended without an agreement on Thursday. Organised labour said its next move would depend on the outcome of another meeting scheduled…
…and meet every target we set.” BoI is working with the Federal Ministry of Industry, Trade and Investment on the National Industrial Finance Compact to attract more long-term capital into industry. It will also deploy the new EIB facilities into agriculture and local healthcare manufacturing, and grow its ICT portfolio…
…weakened at the black market to N1,377 per dollar on Thursday, compared with N1,375 traded on Wednesday.Meanwhile, the country's foreign reserves stood at $55.15 billion, according to the latest foreign exchange data from the apex bank.Recall that the naira depreciated against the dollar on Wednesday following a slight…
…Africa also recorded losses.Meanwhile, Cornerstone Insurance and International Breweries traded at N4.60 and N9.05, respectively, below their 52-week lows, according to the market report.Market sentiment remained negative, with 16 equities advancing against 22 decliners.NGX market summaryAll-Share Index: 244,956.94 poi…
…began in 2009, had trained young Nigerians in more than 35 technical and vocational trades across the six geopolitical zones, with 84 organisations participating in the programme. Oyerinde said, “Available project records indicate that approximately 90 per cent of graduates of this project have secured employment or es…
The Nigeria Labour Congress and the Trade Union Congress have warned of possible nationwide industrial action following unsuccessful talks with the Federal Government over workers’ demands. The unions said their next steps would depend on the outcome of another meeting scheduled for Tuesday, October 27, adding that the…
…would wish to be treated should extend beyond personal relationships to international trade, economic policies and legislation. Using Nigeria’s cocoa industry as an example, he questioned why a country that produces the agricultural commodity in commercial quantities must export it to developed economies for processing…
NPA warns cyberattacks could disrupt African ports, international trade and supply chains as maritime systems become more connectedNigeria’s port modernisation plan includes $1 billion for Apapa and Tin Can Island, alongside expanding digital platformsDantsoho urges African ports to share cyber intelligence, adopt comm…
…markets. Also speaking, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr. Chris Isokpunwu, called for sustained commitment to quality and conformity across the manufacturing sector. Isokpunwu said the 20th anniversary of MANCAP represented an important milestone in the development of Nige…
…China already have substantial commercial ties. Cardoso said CBN data showed significant trade-related payments from Nigeria to China, alongside comparatively limited export proceeds and investment flows into Nigeria. Broader financial-market participation would add an investment dimension to a relationship heavily sha…
Russia and Ukraine traded attacks overnight, with seven killed on the Ukrainian side, authorities said on Thursday, shortly after US President Donald Trump’s envoy held talks with Russian leader Vladimir Putin in Saint Petersburg. Trump sought to strike an optimistic tone after US envoy Steve Witkoff’s meeting with Put…
…at Ekiti Airport in January 2027, potentially opening new routes to market for farmers, traders and other businesses in the state.The airline also plans to introduce daily passenger flights into and out of Ekiti, although it has not announced a commencement date for the expanded passenger service.New Nigerian airport d…
…for prioritising major infrastructure projects expected to strengthen transportation, trade and economic development in Northern Nigeria. The governor made the commendation while representing the President at the commissioning of Section III of the Abuja–Kaduna–Zaria–Kano Expressway on Wednesday. “At this juncture, I h…