Ask ten Nigerians which trading platform is best and you’ll get twelve answers, a few WhatsApp forwards and at least one cousin who “made money last year.” Trading has exploded in popularity from Lagos to Abuja to Port Harcourt, driven by smartphones, a young population and, frankly, the desire to protect savings from…

…presented Nigeria with an opportunity to emerge as a major regional refining and trading hub.However, Clark said growing domestic refining capacity had not eliminated West Africa’s refined-products deficit, with the region continuing to import diesel and, to some extent, gasoline, particularly through the Lomé trading…

…0.06% to close at N1,330.47 per dollar, compared with N1,331.33 recorded in the previous trading session.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!During Tuesday’s trading, the dollar exchanged within a range of N1,327.50 to N1,331.50, reflecting relatively stable conditions in th…

…years. He stated: “The foreign exchange market needed clearer prices and more reliable trading arrangements, but those changes would be difficult to sustain without tighter control of liquidity. We also needed stronger banks capable of operating through the adjustment. That was the thinking behind the reforms that foll…

…growth of the livestock sector as Nigeria seeks to expand production and exports. “No trading partner will take any piece of meat from you if you don’t have a system capable of tracing livestock and livestock products through the value chain,” she said.See more Punch stories on Google.Add Punch on Google Akujobi stress…

…operating or advertising such services to the public.SEC releases new rules for forex tradingEarlier, Legit.ng reported that the Securities and Exchange Commission (SEC) has proposed sweeping new rules to govern online foreign exchange and Contracts for Difference (CFD) trading in Nigeria, covering everything from how…

…over being accused of stealing. The exchange soon became heated, with both housemates trading words before Keivo reportedly threw the first punch, triggering a physical altercation. Other housemates immediately intervened in an attempt to separate the pair as the situation intensified. Biggie subsequently ordered all t…

…system, saying technology should be deployed to organise the region’s enormous trading and entrepreneurial ecosystem. For the diaspora, Moghalu advocated a comprehensive registration system, arguing that Ndigbo could not effectively mobilise people whose numbers and skills were unknown. “You cannot mobilise an asset yo…

…understand capitalism simply as personal accumulation of money. This partly explains why trading, rent-seeking, and briefcase “contracts” remain the predominant forms of ‘business’ activities. Most crucially, we seem to think that the primary purpose of money is to spend it on luxury: mansions, expensive cars, private…

…in Abuja, the Managing Director and Chief Executive Officer of Nigerian Bulk Electricity Trading Plc, NBET, Mr. Akinola Odeyemi, said the latest transaction represented a significant milestone in the Federal Government’s efforts to address longstanding financial challenges confronting the Nigerian Electricity Supply In…

…for the overwhelming share of the country’s merchandise trade during the quarter. Trading activities handled by other Nigerian ports are Port Harcourt Area-1 with N1.17 trillion exports and N229.77 billion imports, totalling about N1.4 trillion, while Onne facility accounted for N802.72 billion exports and N1.20 trilli…

…in.The increases coincide with elevated international crude oil prices. Brent crude was trading at around $107.92 per barrel before moving to $108.21, adding further pressure on the cost of petroleum products and replacement supplies.Motorists face higher fuel costs as petrol prices rise to N1,380 in Lagos and N1,430 i…

NASD Plc is repositioning its business beyond traditional securities trading as it seeks to convert a sharp expansion in market activity into stronger earnings and sustainable long-term value for shareholders. The post NASD eyes new revenue streams as trading surges 371 percent appeared first on Tribune Online.

…landing cost of N1,311 per litre. Bent crude, the benchmark for Nigeria’s oil, was trading at about 107.92 dollars per barrel, and now to 108.21 dollars per barrel. The increase has intensify pressure on downstream operators and triggered further adjustments in petrol prices across the FCT. The implication is that moto…

…official channels, a policy shift that has contributed to improved liquidity conditions. Trading in the naira-pound pair has entered a narrower range, with the pound hovering around the N1,800 level. Technical support for the naira sits at N1,780 per pound, while resistance is seen around N1,840, with a stronger barrie…

…busiest oil transit routes.The international benchmark surged roughly 5% in a single trading session after the United States struck Iranian targets near the strategic waterway. Washington said the action came in response to Iran's alleged attempts to mine the strait and a separate attack on a US military base.Nigerian…

…a daily routine, especially during peak hours when commuters troop to Watt Market for trading, while other drivers are publicly harassed if they fail to comply. “They block the road every evening. If you don’t pay N200 or N500, they will delay you or threaten to impound your vehicle,” one taxi driver said. “It is worse…

…of this economy will be the Northern part of Nigeria, because they will now be trading with countries, trading with Niger, trading with Chad, trading with Burkina Faso, trading with Southern Sudan, trading with Northern Cameroon, trading with Central African Republic... The North is the next business destination of Nig…

…each gained 0.87 per cent, while the Industrial Goods sector appreciated 0.71 per cent. Trading activity strengthened during the session, although the number of transactions declined. Total volume traded increased by 7.44 per cent to 651.32 million shares, while transaction value rose 5.35 per cent to N40.77 billion. A…

…of this economy will be the Northern part of Nigeria, because they will now be trading with countries, trading with Niger, trading with Chad, trading with Burkina Faso, trading with Southern Sudan, trading with Northern Cameroon, trading with Central African Republic… The North is the next business destination of Niger…

ASI gains 0.81 percent on FTSE Russell reclassification catalyst TRADING activity on the Nigerian Exchange Limited (NGX) contracted sharply, last week, with equity volume falling by 3.74 billion shares, or 59.8 percent week-on-week, even as the benchmark index recovered on renewed buying interest in selected large-cap…

…exchange market, strengthening further as increased dollar supply continued to support trading conditions.Good news for importers, dealers and others as naira sustains gains against the USD. ImagesData published by the Central Bank of Nigeria (CBN) showed that the Naira gained N1.29 from Thursday’s closing rate of N1,3…

…why it withheld information about investigative records linked to allegations of drug trading against Nigerian President Bola Tinubu.An ex parte in camera declaration is a written statement presented only to a judge, without being shared publicly.

…Niger, Benin Republic. “And you close all those borders. All our young men who are doing trading between these countries, they carry goods across, they do this and that, all what we call transborder trade is a legitimate business,” Atiku said. He said many young people who previously operated businesses with capital ru…

…requirement that anyone looking to run a food business in the country must meet before tradingThe rule applies regardless of where the business operates, including from a home, a van, or a market stallThe government also detailed a full list of responsibilities that food business owners must comply with once they begin…