…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…

…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…