…Davido stated that he has no plans to apologise.3. Davido and Honourable Faleke trade words onlineDavido tells Faleke to refrain from mounting pressure on INEC during Osun election. >Davido made headlines after he called on House of Representatives member, Hon. James Faleke, to respect the wishes of the people of Osun…

Nigeria's FX demand dropped 35.23% in April, totalling $3.42 billion, according to CBN dataNaira appreciated by 1.38%, reaching N1,361.22 per dollar amid reduced FX trading activityNigeria recorded a stronger net FX inflow of $5.85 billion despite lower overall inflows in AprilPAY ATTENTION: Find it fast with our new s…

…need for greater adoption of alternative payment channels, particularly among farmers, traders, small businesses and operators in the informal sector. According to him, increased use of digital payment platforms would expand access to financial services, encourage participation in the formal economy and promote inclusi…

…comes as global crude oil markets remain under pressure. Brent crude has recently traded above $93 a barrel, driven by geopolitical tensions linked to Iran and disruptions around the Strait of Hormuz. Movements in international crude prices typically feed into the cost of refined products and can set a benchmark for do…

…to endure. For my late dad it was real and painful. “My grandfather would never want to trade the life of his son for a piece of land in Area K. He would rather have his son than the land he was given. “Our parents had several properties all over Owerre and beyond. They really did not need to farm on Area K. So out of…

…permanent bridge across the river has restricted movement and commerce, with farmers and traders forced to depend on boats to cross the river. The project, now nearing completion, is therefore being seen as more than a transportation infrastructure. It could become a major economic lifeline for one of Nigeria’s leading…

…fresh concerns about pump prices in the coming days.The increases come as Brent crude trades above $90 per barrel, with tensions around the Strait of Hormuz adding uncertainty to global crude supply.Some depots have already adjusted their prices. Soroman increased its petrol price by N15 to N1,195 per litre, while PIVO…

…and di£d in China market Bebe Jewelry, a popular businesswoman who operates out of Trade Fair Lagos, prayed for long life in the final video she shared before she passed. The businesswoman had travelled to China on business. She documented her trip and spoke about how stressful it was sourcing for goods in China. Sadly…

…framework pairs a non-discretionary component, under which Barclays independently trades between $50m and $60m worth of shares, alongside the expanded discretionary component allowing Airtel Africa to issue specific purchase instructions for up to $65m. The telecommunications firm reconfirmed that the sole objective of…

…market operators in Nigeria increasingly prioritise technology to automate legacy post-trade processes and enhance market participation. Unclaimed dividends have long remained a key structural issue within the Nigerian Exchange Limited ecosystem, largely due to paper-based registration, missing bank verification detail…

…Centre, Onikan, Lagos, within the jurisdiction of this Honourable court, did sell and trade in the sum of N850,000.00 and thereby committed an offence contrary to Section 21(4) of the Central Bank Nigeria Act. 2007 as amended and punishable under Section 21(10) of the same Act.'' The charge against Faith Chukwujeku rea…

…sparked discussions online after comparing the financial realities of Nigerian market traders with those of some corporate workers. The young woman, identified on X as @ChisomAgbafor, shared her observation about Nigerian market traders and questioned the common perception of who is considered financially poor. In a po…

Musicians Wande Coal and Davido trade words after Davido reveals why their unreleased song never dropped Nigerian music stars Wande Coal and Davido have exchanged words online after Davido spoke about a song they recorded together that was never officially released. Davido recently explained why his verse on Wande Coal…

…us encourage all political parties to understand that insecurity is not something to be traded with for the purpose of winning the hearts of citizens. The citizens are aware that we are in trouble. From Obasanjo, Yar’adua and Jonathan to Buhari and today. We need to be fair and just,” he said. Drawing from his experien…

…Thousand Naira) cash, and expensive jewelry, consistent with the proceeds of his illicit trade."A subsequent search of his luxury apartment on Banana Island, Ikoyi, led to the recovery of exotic vehicles.Marwa said investigations showed the cartel used false identities to conceal the true consignor of its shipments, re…

…who committed suicide allegedly using methods advised by ChatGPT. The US Federal Trade Commission has also launched an inquiry into AI chatbots that act as digital companions, focusing on potential risks to children and teenagers. Like social media companies, AI giants are facing growing regulatory pressure, with Congr…

…and West Texas Intermediate (WTI) at $79.95 per barrel. Nigeria's own Bonny Light crude traded at an average of $93.86 per barrel over the same period. The naira exchange rate used in the assessment stood at N1,362.53 per dollar, adding further pressure to the cost of sourcing foreign-refined products.Petroluemprice.ng…

…marks the strongest level recorded by the naira since April 22, 2026, when the dollar traded at N1,348.45 in the official market.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!The CBN recently removed restrictions that had prevented banks from accessing its SLF, also known as the disco…

…N1,410— N1,420 The data shared on the CBN’s official platform shows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,349.5372 per dollar and closed at N1,350 per dollar. The currency, which traded at an NFEM rate of N1,357.6088 on Friday, August 17, 2026, appreciated by at least N8.07 aft…

…from the economic opportunities inherent in the practice of reserving coastal shipping trade for indigenous operators, the uncontrolled foreign domination of trade in a country’s coastal waters portends grave national security implementation for that country.” The unreleased book reads in part: “The idea of countries c…

…of arrests and prosecutions is evidence of Nigeria’s commitment to tackling the illicit trade,” he stated. The visit was part of a broader UNODC mission to strengthen partnerships in Nigeria, engage development partners and review ongoing field operations. A major focus of the meeting was the introduction of the UNODC…

…more, we call on the general public: as much as we are Nigerians and we encourage trade in and out of the country, people must adhere to the laws of the land. You must declare the currency you are carrying. If you declare it, nobody will seize your currency," he said. by Linda Ikeji at 17/08/2026 6:59 PM | Share this S…

…losses linked to addiction, crime and social dislocation. The NDLEA boss also linked the trade in illicit drugs to Nigeria's broader security challenges, noting that drug trafficking helps fund organised crime, terrorism and violent extremism globally, and that by seizing and destroying such substances, the Agency is s…

…reported that the Nigerian government is set to empower market women, small-scale traders, and artisans with access to zero-interest loans of up to N100,000 through its upcoming programmes, MarketMoni and TraderMoni.MarketMoni will provide market women with interest-free loans to grow working capital, restock inventory…

…for the latest models.The business opportunity also stretches into repairs, accessories, trade-ins and refurbishment, creating several revenue streams around the same customer base, according to a BusinessDay report.5. Budget supermarketsInflation has fundamentally changed how Nigerians shop. Consumers are increasingly…