…has been in business since 1977, and his career has followed three phases. He began as a trader, that is, essentially as a middleman between those who produce and those who consume. He then transitioned to the “accumulation through production” phase in the early 2000s as a leading beneficiary of the government’s privat…
…being rushed to the hospital.Police stated that business rivalry within the alcohol trade is being investigated as a potential motive. Nearby in Khayelitsha, police are investigating a separate quadruple murder after four men were fatally shot on Saturday evening.These incidents highlight a surge in mass violence acros…
…A illicit drug. The suspect, who claimed he was into car decoration business at the Trade Fair Complex, Ojo area of Lagos before he relocated to Portugal in May 2023, said he returned to Nigeria recently to get married on 13th September 2026. He said he resorted to the criminal trade to offset expenses incurred during…
…Nigerian kitchens.Onion sellers announce new prices as scarcity hits. / ContributorImagesTraders say a bag of onions now costs between ₦150,000 and ₦250,000, depending on its size and variety, compared with ₦50,000 to ₦70,000 in May.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!The in…
…recorded, the explosion affected nearby buildings and businesses, leaving residents and traders in the area shaken. According to multiple eyewitnesses, the incident began when a vehicle reportedly suffered brake failure, lost control and rammed into the gas station, causing damage to the facility and triggering a leak…
…N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring the overwhelming dominance of the nation’s commercial capital as the country’s principal trade gateway. The latest Foreign Trade in Goods Statistics released by the National B…
…ransom. The economic consequences spread beyond the victims Farmers abandon their farms. Traders stop travelling to affected communities. Construction workers become targets. Residents flee. Thus, every ransom payment may secure an individual release while simultaneously strengthening a system that makes the next abduc…
…Obi said digital technology had become central to communication, education, trade, access to public and financial services, and productivity, but noted that persons with disabilities continued to face barriers, including inaccessible digital products, the high cost of devices and connectivity, inadequate digital skills…
…would improve the livelihoods of Nigerian youths. On her part, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said her ministry was committed to ensuring that Nigerians benefited from opportunities available both within and outside the country. Oduwole said the DTA complemented the National Talent E…
…Dr Tunji Alausa, gave the assurance on Monday after a high-level meeting with the Trade Union Congress, TUC, and other stakeholders, even as he announced that the implementation of the arrangement for the King’s College Old Boys Association to continue managing the institution would proceed. The development came as the…
…food and other daily essentials.Former Secretary-General of the Organisation of African Trade Union Unity, Owei Lakemfa, urged the government to shield Nigerians from sharp swings in global oil prices, DailyTrust reports.The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPM…
…in Kachia Local Government Area, Musa expressed concern over the activities of livestock traders. He stressed that MACBAN was not accusing traders or livestock owners at the market of criminal activities but called for stronger regulation to prevent the market from becoming an outlet for stolen animals. The chairman ad…
…he said. Mr Owei Lakemfa, the former Secretary-General of the Organisation of African Trade Union Unity (OATUU), said Nigeria must shield consumers from the impact of global oil price fluctuations. Lakemfa said that the country should strengthen its economic planning and regulatory framework to d this. According to him…
…or incitement to discrimination, hostility or violence.” Public Outrage Chima Okonkwo, a trader in the nation’s capital said; “What we are seeing from these politicians is pure desperation. They are no longer asking for our votes; they are telling us that our lives don’t matter if we disagree with them. When a governor…
You are an Iraqi based in London, United Kingdom, how did you learn to speak Yoruba? I trade at Woolwich Market. That is where I work and where I started meeting many Nigerian customers, especially Yoruba people. Many of the Nigerians I met at the market spoke Yoruba when they came to buy things from me. At first, I di…
…largest industrial projects, as the refinery moves towards becoming a publicly traded company. Located in Ibeju-Lekki, Lagos, the Dangote refinery currently has a capacity of 700,000 barrels per day. The facility is also undergoing an expansion expected to increase its capacity to 1.4 million barrels per day. “The refi…
…Prices Still Below Landing CostDespite the higher import benchmark, PMS continues to trade below the landing cost figure at several points in the supply chain. PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Market data from Petroleumprice.ng showed that Integrated, Ascon and Sahara dep…
…ambitions of desperate politicians. That relationship should be built around security, trade, investment, development and the mutual interests of both countries, not opposition-sponsored campaigns designed to influence Washington against Nigeria."Agbese said opposition politicians had the right to criticise the Federal…
…tankers and smuggling operations becoming increasingly expensive. The country’s trade has fallen by between 25 and 35 per cent, with imports hit harder than exports, Iranian President Masoud Pezeshkian said. The United Arab Emirates has also disrupted a major channel for Iranian commerce, announcing on 19 August that a…
The Vice President of the World Trade Centre Abuja, Karim Ahmed, has said that Nigeria exported 281 non-oil products to 120 countries in 2025 Ahmed said the exports generated $6.1bn, describing the figure as the country’s highest formally documented non-oil export performance. He disclosed this at the Premier Export La…
…once personal matters became entangled with the professional. Both artists have traded barbs online on multiple occasions, and footage of their earlier confrontations has continued to circulate widely on social media.Blaqbonez had not publicly responded to the latest round of allegations at the time of these posts.Here…
…sellers but also covered tomato sellers, roasted plantain sellers, pepper and vegetable traders. The First Lady also announced a N100m intervention for 2,000 petty traders in Jigawa State, with each beneficiary receiving N50,000 to recapitalise their businesses. President Bola Tinubu subsequently joined the conversatio…
…oil and gas, energy, FMCG, manufacturing, construction, and infrastructure companies, trade commissioners and diplomatic representatives, as well as international development partners. Governor Lawal spoke on how states compete for increasingly selective private capital and what distinguishes an economic opportunity fr…
…planting such varieties. The complaint is genuine, even if it reflects ordinary breeding trade-offs rather than sabotage. Where is government in all this? Not absent. The Federal Ministry of Agriculture and Food Security, through the National Agricultural Seeds Council, flagged off a Renewed Hope Seed Support Programme…
…followed a recent assessment of the hub by the Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, and the Director-General of the Industrial Training Fund, Afiz Ogun, on Saturday. The assessment found that the facility already had infrastructure, production spaces and machinery ca…