…shut terrorism financing out of the formal financial system.Investors lose N438bn after tradingMeanwhile, at the trading floor of the Nigerian Exchange, earlier, Legit.ng reported that the market closed negatively for the second consecutive session on Thursday, August 26.Data showed that the market downturn was driven…

…recorded in the prior period, suggesting both market segments remained broadly aligned.Trading volumes in the interbank market picked up on Friday, with total turnover rising 9.12% week-on-week to $1 billion, up from $919 million on the same day the previous week. The number of deals also jumped, from 639 on Thursday t…

…focused on lawful observation of the electoral process rather than intimidation or vote trading. It urged contestants to “abstain from vote buying and discourage polling agents and supporters from vote trading at the polling units." The observers also warned against attempts to undermine the post-election process throu…

…of electoral offences across the polling units observed, including 103 cases of vote trading, 85 cases of exposure of ballot papers, 31 cases of obstruction of voters, 38 cases of campaigning at polling units, 28 cases of inducement of polling and security officials, 14 cases of voter impersonation, 12 cases of multipl…

…in the Nigerian Exchange Limited, NGX, recorded a massive loss of N3.8 trillion in four trading sessions, ending the week on a bearish note after the management paid a visit to President Bola Ahmed Tinubu. Data from the NGX showed that from Tuesday to Friday, the Nigerian stock market continued its decline, shedding a…

…Dapo Abiodun, and his predecessor, Gbenga Daniel, has deepened, with both camps trading fresh claims over political loyalty ahead of the 2027 general elections. Abiodun on Thursday accused Daniel of appearing to have moved away from the mainstream of the All Progressives Congress with a stylish support for the candidat…

…digital customs experience at the centre of efforts to create a more seamless African trading system. With AfCFTA seeking to deepen intra-African trade through the removal of trade barriers and harmonisation of procedures, the deployment of a common customs modernisation model could become a critical component of the c…

…points, driven by broad gains across most sectorsFinancial Services stocks led trading activity, accounting for over 67% of total turnover volume during the weekNCR (Nigeria) Plc topped the gainers list with a 60.79% price jump, while Ikeja Hotel led the decliners with a 12.38% dropPAY ATTENTION: Find it fast with our…

…the poll. The political atmosphere in Osun has also been tense, with the two major camps trading allegations over violence, intimidation and the arrest of their supporters. Adeleke and his campaign team have repeatedly accused the Oyetola-led APC of intimidating Accord Party members, following reported arrests and raid…

…park. We have decided that we will always make provisions before prohibiting roadside trading. What people fail to realise is that these traders use part of their little profit to send their children to school. So, we have done this project to ease their burden.” In his welcome address, Akintayo appreciated the governo…

…Transnational Highway of environmental infractions, illegal motor parks, roadside trading and other unlawful activities. The commissioner said investigations revealed that suspected hoodlums had deliberately removed key structural materials from the bridge, posing a threat to public safety. "Investigations revealed tha…

…a note after Friday’s data. “I expect intense negotiations between China and (its) major trading partners in coming months on what can be done to make trade more balanced,” he added. Imports increased 27.5 percent in July, extending this year’s strong performance even as main indicators of domestic demand have remained…

…as a major milestone in Africa’s quest to establish an integrated, technology-driven trading system. He said the project would provide the digital infrastructure needed to implement AfCFTA protocols on customs harmonisation and trade facilitation, enabling customs administrations across the continent to improve efficie…

…Area: AnaochaKnown for: Agriculture and commerceEconomic strength: Farming and tradingAdazi Ani is in Anaocha LGA of Anambra State along Nnewi/Agulu Road. The town borders Neni and Adazi Enu in Anaocha LGA, and Nnokwa, Alor, and Oraukwu towns in Idemili South LGA. The ten villages of Adazi Ani town are divided into thr…

…That cooled investor sentiment, with Spotify shares down 2.6 percent in opening trading on the New York Stock Exchange. Spotify registered 300 million paying subscribers in the quarter, as opposed to people who listen free but with ads — seven million more than in the previous quarter and one million more than expected…

…of the Non-Resident Bank Verification Number (NRBVN), the B-Match foreign exchange trading platform, the Nigeria Payments System Vision 2028 and the introduction of the Nigerian Overnight Financing Rate benchmark. Reaffirming the bank’s commitment, Sidi Ali said the CBN would continue to pursue monetary and price stabi…

…of the Nigeria Tax Act. This applies to profits from activities such as crypto trading, exchange operations, custody services, wallet administration, token issuance, mining, staking, DeFi activities and other virtual asset-related businesses. Determine the asset's cost in US dollars at the time it was acquired. Determi…

…This means the naira gained N3.39 against the dollar on Monday compared to the close of trading last week. Meanwhile, at the black market, the naira remained unchanged at N1,425 per dollar on Monday, the same exchange rate recorded on Friday. The development comes as the country’s foreign reserves stood at $51.92 billi…

…said. Following Trump’s announcement, global oil prices fell on Monday morning in Asia trading. Brent crude oil was down by 4.5% at $83.98 (£62.26), while US-traded oil was 4.6% lower at $80.74 (£59.85). Energy prices have fluctuated since the conflict started on 28 February as traders reacted to disruptions to shippin…

…Dubai-based Al Ghurair Group. He helped transform the family business from traditional trading into one of the UAE's leading industrial and real estate conglomerates.Saif oversaw the group's expansion into real estate, manufacturing, and banking. He developed landmark projects such as Al Ghurair Centre, Dubai's first s…

The Nigerian Exchange closed the trading week in the red, with the All-Share Index dropping 0.84% to 245,283.68 pointsMarket breadth turned negative as 56 stocks recorded losses against only 33 that posted gains during the weekTrading activity surged to over N404 billion worth of shares changing hands, well above the p…

…stressing that his mother’s determination to support the household through petty trading made a lasting impact on his life. “Standing here today as the Minister of Defence, my mother sold akamu. It is with that akamu that my mother supported me to where I am today.” He added that his mother also sold akara alongside ak…

…against the US dollar during the month. The naira closed at N1,368.22/$1 on the final trading day of July, representing a 0.3% improvement from N1,372.41/$1 recorded at the beginning of the month.Despite the monthly gain, the currency weakened slightly every week, losing N6.13 compared with the previous week's official…

…in their first celebrity boxing meeting in December 2023, and both men had spent weeks trading insults on social media ahead of their return clash.For Portable, the stakes were even higher. He had already suffered a celebrity boxing defeat earlier in the year at the hands of content creator Carter Efe, making Friday's…

…trade still takes place under WTO rules, underscoring the resilience of the multilateral trading system. According to her, countries are increasingly pursuing bilateral and regional trade agreements that extend beyond tariffs to cover broader economic cooperation. Okonjo-Iweala urged African countries to seize emerging…