Economy
Devaluation of the naira and dodgy roads are crippling hides and skins trade
The devaluation of the naira and the appalling condition of major routes have taken their toll on hides and skins traders who are struggling to keep their businesses afloat – […]
Redesigning Nigeria’s currency now is not the right time – economist
Nigeria’s economy is critical at this stage and by redesigning the country’s currency it will just mean traders will be at risk of facing further losses. This was the view […]
Exorbitant cost of living drives market traders to shut up shop
The exorbitant cost of living, lack of purchasing power and poor patronage, as well as the hike in the prices of all commodities, have forced some traders at the Maiduguri […]
Incense no longer the sweet smell of success
For more than a thousand years incense, popularly called “Ka’aji” in Kanuri and also known as “Turaren Wuta”, has been used by the Kanuri and Shuwa Arab people – and […]
We are not thieves
Steel traders – popularly known as Ajaokuta – say people look down on them and think they are thieves. Umar Muhammed, a trader, told RNI that he was worried about […]
Cybercrime escalating in the time of COVID-19
Beware! The prevalence of cybercrime in the time of the COVID-19 pandemic is escalating – and it’s mostly affecting young people who think they are tech savvy. Some are targets […]
Buhari in France for African Finance Summit
Nigeria’s President Muhammadu Buhari is in Paris attending the four-day African Finance Summit, hosted by French President Emmanuel Macron. The summit is expected to focus on reviewing the African economy, […]
Northern traders have had enough of vicious attacks in the south
Businesses will go downhill fast if attacks on northern traders in the southern part of the country continue. Export and import traders in Maiduguri said they had had enough of […]
Border closures might have been counterproductive, say analysts
When Nigeria closed its land borders with Benin, Cameroon, Chad and Niger in August 2019, the aim was to curb the escalation in the trade of illicit drugs and to […]
Children learn to keep the wolf from the door
The unemployment rate in Nigeria has risen to 33.3%, up from 27.1% in the second quarter of 2020, according to a report published by the National Bureau of Statistics. A […]
