…enhancing market transparency, improving operational efficiency, modernising post-trade infrastructure and aligning Nigeria's market with international standards. According to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, the Commission's reform agenda is focused on building…
…figures from the official market indicate that the local currency has continued to trade within a narrow range in recent days, as traders and investors closely monitor foreign exchange liquidity and the level of demand for the US dollar. Meanwhile, activity in the parallel market, commonly referred to as the black mark…
…She said: "Solid minerals contribute less than one percent of Nigeria's GDP. The trade statistics tell the same story: in 2025, solid mineral exports of about ₦354 billion amounted to roughly 0.4 per cent of our total exports, and about three per cent of our non-oil exports, against the nearly five per cent of exports…
…and is registered with the Nigerian Copyright Commission (NCC). Conversely, he describes trademarks as protections for characters, as well as original elements such as costume design and musical scores. Keeping ownership means the original creators can license the remake and earn fees. They can choose partners and set…
…Kontrol revolves around confidence, romance, and enjoying life’s finest moments. The duo trade catchy verses and memorable hooks with ease, delivering a record that’s packed with charisma, melody, and undeniable replay value. With Kontrol, Timaya and Duncan Mighty remind listeners why they remain two of Nigeria’s most…
…the Ghana-South Africa Bi-National Commission, a platform where both governments discuss trade, investment, security, diplomacy and other areas of cooperation. Although Ghanaian officials described the trip as a state visit, South Africa insists it was a bilateral commission meeting that had been planned months in adva…
…and rehabilitation." Mani said the operation targeted syndicates involved in the illicit trade and supply of protected primates within the Kano axis, adding that the success of the raid demonstrated the value of intelligence-driven operations and collaboration with conservation partners. "Investigations are actively on…
…on Thursday, the union said it fully recognises the right of every registered trade union to pursue legitimate industrial options in defence of its members, in line with the Trade Union Act (2005), as amended. “CONUA has taken note of the position of the National Association of Medical and Dental Academics (NAMDA) on t…
…particularly the private sector of both countries, which will then deepen commercial, trade, and economic relations between our two countries," he said. Enikanolaiye added that this would further elevate Nigeria-Liberia diplomatic relations and advance the welfare, prosperity, peace, and security of people within the t…
…report, "Nigeria is supported by improved macroeconomic stability and favorable terms-of-trade effects, though higher prices for essentials are expected to further aggravate poverty and food insecurity." The Fund noted that while growth in sub-Saharan Africa is expected to remain broadly stable, performance will vary s…
President Trump tells US officials to cut off all trade with Spain over NATO U.S. President Donald Trump on Wednesday ordered an immediate halt to all trade with NATO ally Spain, over what he called a lack of contributions to defense spending. "Spain is a wasted cause. We don't want to do any trade business with Spain…
The Nigerian naira traded at approximately ₦1,373.99 per United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Thursday, July 9, 2026, according to the latest available market data. Data from the official foreign exchange market showed the naira continuing to trade within a relatively stable r…
The United States and Iran traded strikes on Thursday for the second day running as Washington and Tehran battled over the strategic Strait of Hormuz. The vital oil and gas corridor is a key point of contention in the Middle East war, with Tehran insisting on control of the strait despite it being open to free passage…
…welcomed back to her market with an emotional celebration after giving birth, as fellow traders gathered to congratulate her and meet her newborn in a heartwarming moment that has delighted many Nigerians online. A viral video showed the woman carrying her baby wrapped in a blanket while smiling colleagues surrounded h…
…This represented a 0.24 per cent loss compared with Tuesday, when the local currency traded at N1,375.74. The Naira, which opened the trading week on Monday with a gain of N1.92 at the official market, recorded its first loss of N7.47 on Tuesday. The Naira had earlier experienced weeklong appreciation before dipping on…
…duly issued banknotes and supporting the smooth circulation of cash nationwide.It urged traders, transport operators, businesses and all users of cash to accept every banknote legally issued by the Central Bank of Nigeria. The CBN also advised members of the public seeking further clarification to contact the bank thro…
…ability to continue attacking international commerce flowing through the international trade corridor”, it said. Tehran’s reply came quickly, with the Guards saying they hit dozens of US military facilities in Kuwait and Bahrain, where an AFP journalist heard blasts. Early on Wednesday, Bahrain’s interior ministry and…
…Nigeria (SWAN) to rally regulators, policymakers and other stakeholders against illicit trade have come at a critical time. Counterfeit wines and spirits, smuggled products, and illegal distilleries have become an increasingly serious threat to one of Africa’s largest consumer markets, exposing weaknesses in border con…
…not only to strengthen East Africa's energy security but also to deepen regional trade in refined petroleum products, reduce import dependence and stimulate industrialisation across the region. Africa possesses abundant crude oil reserves but has historically lacked sufficient refining infrastructure to process its pro…
GistReel The Nigerian naira traded at ₦1,372.96 per United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, July 8, 2026, according to official market data. At the parallel market, commonly referred to as the black market, the dollar exchanged at approximately ₦1,400 per dollar for buying and…
…wouldn't have been successful. "I will tell you what worked. It is what the uncles, the traders who barely went to school, told me. They told me go left at all time and never right. The father who told me to forget theories and know when to be ruthless, conform or stand my grounds and what books to read. "Some of the w…
…of the party. The PUNCH reports that the ruling Accord and the opposition APC usually trade blame whenever violence is recorded in any part of the state. The Independent National Electoral Commission fixed August 15, 2026, for the governorship election in the state. The incumbent governor, Ademola Adeleke, is contestin…
…about development to practical actions that drive industrial growth, expand trade, create jobs, add value, and improve the living standards of its people. According to him, a structured financial backing and reliable infrastructure are essential for building the continent. "The conscience and the future of Africa depen…
…and has since urged its citizens against travelling to Japan as well as tightened trade restrictions on some Japanese firms. AFP
…imports, and 3.08 percent IDEC and other items. The Customs boss added that global trade disruptions arising from the Russia-Ukraine war also affected imports, particularly wheat shipments from the region. Adeniyi told lawmakers that the NCS has a revenue target of N11.074 trillion for the 2026 fiscal year. He said the…