Phone traders in Kano State have reportedly confronted Chinese nationals accused of selling mobile phones directly to customers, allegedly at prices lower than those offered by local retailers.In a viral video circulating on social media, the traders said they operate under an association and argued that the Chinese na…
…it said.According to the department, Lekki Deep Seaport handled $9.6 billion in trade in 2025 while operating at 50 per cent capacity, easing pressure on older facilities. However, cargo dwell times at Apapa and Tin Can Island ports continued to exceed 20 days because of manual examinations. "To address this, the gover…
…the student and worker categories initially targeted, now bringing journalists and trade professionals into the same vetting framework.For applicants from Nigeria and across Africa who fall under any of the affected categories, particularly those in the media or working as USMCA-eligible professionals, making social me…
The Dangote Group predicts that the naira will trade at N1,330 per dollar in the fourth quarter of 2026, with a full-year average of N1,385/$. Rising foreign reserves, foreign investment inflows and lower fuel imports due to increased domestic refining are expected to support the currency. The World Bank also identifie…
…that battery electric vehicle registrations across the European Union, European Free Trade Association countries and the United Kingdom rose 52.2% year-on-year in August.Registrations reached 243,207, compared with 159,794 a year earlier. Over the same period, petrol car registrations across those markets fell 23.5%.Th…
…representing a 25 per cent increase over the preceding year. It added that bilateral trade between Nigeria and the United States reached $14.8bn in 2025, reflecting continued commercial engagement between both countries despite the identified investment risks.
…They will make your skin glow, and they are anti-ageing too,” she said. Also plying her trade, an Instagram skincare vendor, Tony Onyegiri, described supplements as the most important part of skincare. “People buy a lot of skincare products but neglect supplements. Supplements are my number one skincare. It works inter…
…organised labour in the FCT, with the Academic Staff Union of Secondary Schools and the Trade Union Congress distancing themselves from the strike. The TUC, in a statement issued on Friday by its FCT Council Secretary, Sunday Joseph, directed its affiliate unions and members to disregard the NLC’s directive and report…
…said to have arrived in the village in large numbers, firing indiscriminately from their trademark motorcycles. This is the second attack on Bala-Tela between April this year and now. The first, which occurred on April 26, was deadlier, claiming 29 lives. Those killed in April were residents who had gathered to watch a…
…from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the dollar traded at N1,332.10, compared with N1,331.77 recorded on Wednesday.Naira falls against the dollar as official FX turnover rises sharply to $326.12 million. Photo: BloombergImagesThe movement represented a depreciation of 33 kobo, or app…
…welding, fabrication, machinery repair, food processing and other high-value technical trades as areas capable of equipping young people with practical skills for sustainable livelihoods. He also advocated the engagement of master vocational instructors from countries with advanced technical education systems to streng…
…international partnerships, deeper markets and practical channels for investment, trade and financial innovation.” In discussions with MAS, the CBN delegation “exchanged perspectives on financial-sector development, regulation, market connectivity and innovation,” identifying areas for continued engagement and potentia…
…have led to a deficit, ending a two-year run of surpluses, as Nigeria’s agricultural trade balance swung from a N740.27bn surplus in the first half of 2025 to a N56.13bn deficit in H1 2026, according to agriculture and trade experts. Recent foreign trade data from the National Bureau of Statistics showed that agricultu…
…persistent tensions in the Strait of Hormuz — a strategic chokepoint for the global oil trade — as well as hostilities between Yemen’s Iran-backed Houthis and Saudi Arabia. In a recent sign of those tensions, an oil tanker sailing off the north coast of Qatar reported being struck “by multiple projectiles,” causing an…
…whether the government pays cash or not."@akolawole11 raised concerns about cross-border trade, saying: "And smuggling will be massive to Cameroon and other neighbouring countries. We that the subsidy is meant for will not see fuel to buy in Nigeria."@jack_kevin26810 questioned enforcement, asking: "So after that how w…
…call at the launch of the NEPC-National Association of Nigerian Students (NANS) Student Trade, Entrepreneurship and Export Programme (STEP-X), themed, “From Campus to Global Market: Empowering Nigerian Students for Non-Oil Export and Global Entrepreneurship.” on Thursday. She said the initiative was designed to equip s…
…helped single parents returning to study construction, engineering, or a skilled trade.At the first presentation, Dad's old coworkers filled the back row.I handed the first check to a single mother who had left school after her son was born.She held it with both hands."Why did your father choose this?" she asked.I smil…
…a collapsing building can kill not only its owners and occupants but also tenants, traders, workers and passers-by. Ex-BCPG boss, Awobodu Why do buildings keep collapsing? For professionals in the built environment, the causes are well known and largely preventable. The Honorary Publicity Secretary of the Nigerian Inst…
…and substandard cables, saying weak enforcement is encouraging the growth of the illicit trade. The company’s Managing Director and Chief Executive Officer, George Onafowokan, made the call while responding to questions from journalists after a media tour of Coleman’s factories in Sagamu, Ogun State, recently. Onafowok…
A Facebook user has accused the Task Force in Bayelsa state of destroying a roadside trader's rice and stew at the market. The user, Kumo George Kumo claimed members of a task force team poured away the cooked rice and stew a roadside trader was selling from a wheelbarrow at Swali Market, Yenagoa, Bayelsa State.He said…
—Says govt can pay between N200,000, N400,000 By Johnbosco Agbakwuru ABUJA — THE Trade Union Congress of Nigeria (TUC) on Wednesday, urged the Federal Government to improve workers’ pay immediately, rather than waiting for the next review of the national minimum wage. Briefing journalists in Abuja after its National Ad…
…consumption should be priced according to what it costs to produce the fuel, not what it trades for on the global market.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!"The subsidy regime thing, this whole thing is a scam. I'm going to price petroleum products for local consumption at…
…on Instagram!The local currency also lost ground against the euro, shedding N5.87 to trade at N1,498.03 per euro, compared with N1,492.16 recorded the day before.In the parallel market, the naira held steady against the dollar, with the exchange rate remaining flat at N1,370 per dollar.Forex turnover rises sharplyTradi…
…said this on Tuesday at the CBN Special Day during the 21st Abuja International Trade Fair. “The Bank recently reset the Monetary Policy Rate from 26.5 per cent to 23 per cent and recalibrated the Standing Facilities Corridor to +50/-300 basis points around the MPR, to support productive activities without losing focus…
…Moscow accused Tokyo of breaching bilateral agreements by shunning the 1957 Russia-Japan Trade Treaty, which protects vessels and crews in matters relating to commercial shipping. “Tokyo’s unfriendly moves will not go unanswered,” the Vladimir Putin administration asserted, vowing to take proportionate countermeasures…