…OCSC said removing the subsidy could place additional pressure on households, workers, traders, farmers, artisans and businesses already facing increased costs of food, transportation, housing and business operations. The coalition made the call in its Independence Day statement marking Nigeria’s 66th Independence Anni…
…reductions to global geopolitical developments, saying disruptions in international trade had resulted in large quantities of steel-related materials being purchased cheaply from some countries and imported into Nigeria. Soja also raised concerns over the establishment of dump sites by foreign companies, alleging that…
…CAN said there could be no meaningful prosperity if Nigerians were unable to farm, trade or travel without fear. “There can be no meaningful prosperity where citizens cannot farm, trade, travel or sleep peacefully because of fear,” the association said. The Christian body also turned its attention to the 2027 political…
…platform where energy, maritime transport, manufacturing, logistics and international trade reinforce one another. Receiving NNPC officials in Abeokuta on Wednesday, Governor Dapo Abiodun said the renewed engagement on OGLNG could provide an important energy foundation for the industrial development expected around the…
…in smarter ways, we would unlock opportunity at scale, transforming how we live, work, trade and thrive. Over the years, we’ve moved from enabling ATM and card transactions to powering a broad digital commerce ecosystem: across payments, Verve, Quickteller, and our enterprise solutions, serving individuals, SMEs, large…
…to determine the allegations against the five suspects. The post Borno ADC, police trade claims over ‘Tinubu Must Go’ arrests appeared first on Vanguard News.
…X handle that Uzoka-Anite’s extensive background in public policy, economic management, trade, and fiscal administration positions her to address the structural factors driving fiscal sustainability and market trust. The discussions will center on what African economies, particularly Nigeria, must execute to attain and…
…competitiveness following the successful completion of the second edition of its Export Trade Academy in Lagos. The two-day intensive program equipped over 500 business owners, exporters, commodity aggregators, trade associations, and regulatory professionals with the critical knowledge, skills, and strategic resources…
…the East-West Road, rail modernisation and port reforms would dramatically improve trade routes and the economy. He added that the government is expanding mortgage finance to boost housing and jobs. On agriculture, Akume said the World Bank has approved a $500 million credit for the Nigeria Sustainable Agricultural Val…
…Africa supply and demand centre,” Clark said.The shift is already reflected in regional trade flows. S&P Global reported in June that West African clean-product imports fell 23 per cent month-on-month in May 2026, from 997,000 barrels per day in April to 765,000 b/d, as the ramp-up of the Dangote refinery reduced the r…
…official rate to about N45Rising external reserves and oil prices support the naira, but traders will watch whether gains can continuePAY 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 ov…
…Assembly high-level week. USAFRICA Business Week®️, convened by Pacetas Agency, a trade and investment advisory firm, is a U.S.–Africa business and policy engagement platform held in New York during United Nations General Assembly week. Executive Director, Gbenga Omotayo, said the platform is designed to serve as a gat…
…affected several communities, forcing residents to abandon their homes while farmers, traders, and business owners have suffered significant losses. In some areas, roads and bridges were washed away, cutting off communities and disrupting transportation, while schools and health facilities were also affected. This came…
…industrial phosphate, among others. The event was chaired by the Minister of Industry, Trade and Investment, Mrs Olajumoke Omoniyi Oduwole The governor, represented by the Commissioner for Environment and Natural Resources, AbdurRahman Muhammad Tumbido, explained that the increasing global demand for responsibly source…
…and traceability, laboratory capacity, certification and compliance with international trade requirements. Speaking during the engagement, the Permanent Secretary of the ministry, Chinyere Akujobi, said animal identification and traceability would be critical to the growth of the livestock sector as Nigeria seeks to ex…
…its origins to the precolonial era, when fertile land drew farming communities and traders long before colonial rule reshaped itA single date in 1976 changed the status of Ikeja forever, setting it on the path to becoming one of Nigeria's most significant urban centresPAY ATTENTION: Mark Legit.ng as a preferred source,…
…controversy surrounding the recent US-Nigeria minerals deal. The Minister of Industry, Trade and Investment, Jumoke Oduwole, said in an interview on Arise Television on Tuesday that Nigeria has sufficient minerals that the US wants, dismissing claims of secrecy surrounding the deal. However, reacting to the development…
…counterterrorism, maritime and border security, military professionalisation and defence trade. In April 2022, the US State Department approved a possible Foreign Military Sale to Nigeria involving 12 AH-1Z attack helicopters and related equipment at an estimated cost of $997m. The package included 28 T700-GE-401C engi…
GistReel The naira traded at ₦1,321.44 to the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, September 29, 2026, while the greenback changed hands for as much as ₦1,385 in the parallel market. In the parallel market, currency dealers were buying the dollar at around ₦1,375 and selling it at approx…
…on the currency.Ghana’s cedi has also faced pressure. Reuters reported that the currency traded around GH¢11.50 per dollar on September 17, up from about GH¢11.45 a week earlier.Demand for foreign currency from the energy and services sectors reportedly exceeded available supply, although gold-related inflows and centr…
…informal apprenticeship in Nigeria and across West Africa, when does learning a trade become child labour? Apprenticeship has a long history in Nigeria, including the Igbo apprenticeship system, commonly known as Igba-Boi. The model, which developed in south-eastern Nigeria, has been widely studied as a form of inform…
…the international financial architecture itself, pointing to debt burdens, unfair trade structures and what he called discriminatory credit ratings affecting African economies. For Nigeria, this part of the speech deserves serious attention. Nigeria is Africa’s largest economy by nominal GDP in many international compa…
…alone. Nigeria should keep practical channels open for intelligence, border management, trade, and humanitarian access. Political disagreement need not prevent cooperation that protects ordinary people. Rebuilding trust will demand patience, not a display of regional authority from a distant podium. At home, soldiers a…
…bonded warehouse and terminal operators, shipping lines and airline operators, free trade zone operators, excise traders and transporters. The Service directed Command PROs to work closely with Customs Area Controllers and relevant operational units to ensure effective mobilisation during the survey period. It said, “C…
…practical cooperation in Nigeria’s manufacturing upgrading, agricultural transformation, trade liberalization, green development and digital trade. “It provides a long-term, stable and predictable institutional framework for trade and investment between our two countries,” she said. Yuqing, who arrived Lagos in 2023 as…