15 h. ago Onitsha market fire: Soludo sympathises with victims, orders probe

Tribune Online Onitsha market fire: Soludo sympathises with victims, orders probe Anambra State Governor, Charles Soludo has lamented the fire incident that occurred on Friday at Ifejika Street, Sokoto Road, Onitsha, where shops and goods worth millions of naira were burnt. The Governor, in a statement by his press secretary, Christian Aburime extended his sympathies to the affected traders and property owners impacted by the incident. […] Onitsha market fire: Soludo sympathises with victims, orders probe Tribune Online

Events

69 h. ago Naira gains against dollar in official market, trades at N1,536.82

The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria website showed that the Naira gained N1.84. This represents a 0.11 per cent increase compared to the N1,538.66 per dollar recorded on Thursday. The gain followed four days of slight depreciation between Monday Read More

Politics

3 d. ago Naira ends week with N30 gain in black market as liquidity improves

The naira gained N30 in the black market at the end of the week, while it closed flat at the read more Naira ends week with N30 gain in black market as liquidity improves

Politics

3 d. ago Senate moves to block sale of Lafarge Cement to Chinese firm

From Adesuwa Tsan, Abuja The Senate has directed the Bureau of Public Procurement (BPE), to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. The move according to the Senate, is to protect national security and economic sovereignty. It also mandated its Committees on Capital Market, Trade and Investment and Securities […] The post Senate moves to block sale of Lafarge Cement to Chinese firm appeared first on The Sun Nigeria.

Politics

3 d. ago Traders protest spare parts’ market demolition at Lagos Assembly

Hundreds of shop owners and market leaders from the Owode Onirin Motor Spare Parts Market stormed the Lagos State House of Assembly on Thursday, demanding an immediate halt to the ongoing demolition of their market. The protesters, who marched from the Lagos State Fire Service headquarters, displayed placards with messages such as, “Sanwo-Olu, call LASBCA Read More

Politics

4 d. ago Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns

From Adesuwa Tsan, Abuja   In a bid to protect national security and economic sovereignty, the Senate has directed the Bureau of Public Procurement to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. It also mandated its Committees on Capital Market, Trade and Investment and Securities and Exchange Commission to […] The post Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns appeared first on The Sun Nigeria.

Economics

4 d. ago AfCFTA: Nigeria Moves To Expand Digital Trade, Courts Global Partners

The federal government has reaffirmed its commitment to accelerating digital trade under the African Continental Free Trade Area (AfCFTA), urging global partners to support its efforts in expanding market access and economic growth. Speaking on Thursday at the World Trade Organisation (WTO) Aid for Trade Session in Geneva, Switzerland, Special Assistant to the President on […]

Politics

4 d. ago Traders who protested against NAFDAC in Onitsha not our members — Ogbo

Tribune Online Traders who protested against NAFDAC in Onitsha not our members — Ogbo-Ogwu market leadership The market leadership maintained that those protesting against NAFDAC's sensitisation and enforcement exercise were not genuine traders of Ogbo-Ogwu Drug Market. Traders who protested against NAFDAC in Onitsha not our members — Ogbo-Ogwu market leadership Tribune Online

Politics

5 d. ago “Open Our Market, We Don’t Sell Fake, Expired Products” – Proresting Anambra Drug Traders Tell NAFDAC

Some angry traders at the Ogbo-Ogwu Bridgehead Drug Market in Onitsha, Anambra State, have called on National Agency for Food, Drug Administration, and Control to open their shops. The traders, under the aegis of Concerned and Genuine Members of Ogbo-Ogwu Drug Market, protested on Tuesday over continuous closure of the popular market. They lamented that […] The post “Open Our Market, We Don’t Sell Fake, Expired Products” – Proresting Anambra Drug Traders Tell NAFDAC appeared first on Information Nigeria.

Politics

5 d. ago NAFDAC crackdown: 5 dead feared, others hospitalised in Onitsha drug market

No fewer than five traders of the drug market in Onitsha, Anambra State have been reported dead and several other read more NAFDAC crackdown: 5 dead feared, others hospitalised in Onitsha drug market

Politics

5 d. ago PICTORIAL: Anambra drug traders protest market closure by NAFDAC

Traders at the Ogbo-Ogwu Bridgehead Drug Market in Onitsha, Anambra State, on Tuesday protested the continuous closure of their shops by the National Agency for Food, Drug Administration, and Control. The traders, under the aegis of Concerned and Genuine Members of Ogbo-Ogwu Drug Market, lamented that the development has brought untold hardship and financial burdens Read More

Politics

7 d. ago Naira gains as CBN accounts for 39.85% of dollar inflows in NFEM

The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted read more Naira gains as CBN accounts for 39.85% of dollar inflows in NFEM

Politics

2 w. ago Alesinloye market fire: 90 traders, not 500 affected —victims

Tribune Online Alesinloye market fire: 90 traders, not 500 affected —victims The Oyo State government has directed victims of Tuesday’s fire incident at Alesinloye Market, Ibadan, to cooperate with the Oyo State Emergency Management Agency (Oyo SEMA) for a full enumeration and verification of the victims. The state deputy governor, Bayo Lawal, made the appeal on Friday when he hosted the plastic and cooler sellers from […] Alesinloye market fire: 90 traders, not 500 affected —victims Tribune Online

Events

2 w. ago Fire ravages Aleshinloye market, Oyo governor offers support

From Taiwo Oluwadare, Ibadan A devastating fire engulfed the renowned Aleshinloye Market in Ibadan, Oyo State, late Tuesday night, destroying goods worth millions of naira. The inferno, which started around 9 p.m., ravaged the Plastic Merchants section of the market, reducing hundreds of shops to ashes and severely impacting traders. Firefighters from both government and […] The post Fire ravages Aleshinloye market, Oyo governor offers support appeared first on The Sun Nigeria.

Politics

2 w. ago CHSR, traders call for investigation into demolished shops in Owode Onirin

Tribune Online CHSR, traders call for investigation into demolished shops in Owode Onirin The Centre for Human and Socio-Economic Rights (CHSR) and traders at the Owode-Onirin Motor Spare Parts market in Lagos State have called on the Lagos State Government to investigate the demolition of over 500 shops by officials of the Lagos State Building Control Agency (LABSCA). CHSR, traders call for investigation into demolished shops in Owode Onirin Tribune Online

Politics

3 w. ago Access Holdings, Universal Insurance top most actively traded stocks

Access Holdings, Universal Insurance and eight others have emerged as the top most actively traded stocks as the financial services read more Access Holdings, Universal Insurance top most actively traded stocks

Politics

3 w. ago Naira reverses gains, depreciates at official, parallel markets

In the past week, the naira reversed some of the gains it had made in recent times as it depreciated against the United States dollar at both the parallel and official markets. At the close of trading in the past week, the naira weakened by 1.66 per cent week-on-week, closing at 1,517.24/$ from 1,492.49/$ the Read More

Politics

3 w. ago Nigeria’s GDP is growing, but is the economy truly progressing?

Nigeria’s economy appears to be turning a corner. GDP is rising, inflation is cooling, the naira is gaining ground, and read more Nigeria’s GDP is growing, but is the economy truly progressing?

Politics

3 w. ago Naira pressure resumes as dollar trades at 1,525 on black market

The naira on Wednesday witnessed some pressure across the foreign exchange (FX) market following an increase in demand for the read more Naira pressure resumes as dollar trades at 1,525 on black market

Politics

4 w. ago Naira defies pressure, ends February below N1,500 per dollar

Naira closed February 2025 with an 8.5 per cent gain month-on-month on the parallel market to settle at 1,490/$, while it closed at 1,500/$ on the official market, indicating a 1.7 per cent m/m decline. According to the Afrinvest Monthly Market Report, the foreign reserve dipped by 3.2 per cent month-on-month. As of Thursday, it Read More

Politics