NECA Faults Ban on Sachet Alcohol, Warns of Job Losses
Nigerian employers' body NECA criticizes the ban on sachet alcohol, warning it may worsen smuggling and cause massive job losses. They urge broader stakeholder talks.
Category : Search result: traders losses
Panic as fire guts Arena Market in Lagos
A devastating fire has razed sections of the Arena Market in Oshodi, Lagos, causing massive losses for traders. This comes just a week after the Balogun Market inferno. Read the full report.
Fire Guts Arena Market in Lagos, Traders in Panic
A devastating fire has destroyed goods worth millions of Naira at Arena Market in Lagos. Traders are counting losses as emergency services battle the blaze. Read full report.
Aba Traders Sell Clothes Using Head-Carried Mannequins
Traders in Aba were spotted using a unique sales method: carrying mannequins with displayed clothes on their heads. This innovative practice boosts visibility and mobility in crowded markets. Watch the video and see Nigerian ingenuity in action!
Nigerian Celebrities Who Died in 2025
A heartbreaking look back at the Nigerian stars from Nollywood, music, comedy, and journalism who passed away in 2025. Remembering their legacies and impact.
Nigeria's Forex Market Expands with Better Access & Liquidity
Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
Fire Destroys Sabuwar Lale Furniture Market in Kano
A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
Global Economic Losses from Disasters Down by a Third
Swiss Re reports a 33% drop in global economic losses from natural disasters to $220 billion in 2025, despite a record $40 billion LA wildfire. Insured losses fall 24%.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Cashew Export Ban Threatens Mass Job Losses in Nigeria
Kogi cashew stakeholders warn a proposed ban on raw nut exports could collapse farms, cause massive unemployment, and cripple the agro-export sector. They urge government investment instead.
Soft Drink Tax Hike Risks Jobs and Inflation, CPPE Warns
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Nigeria Loses $10bn Yearly to Post-Harvest Waste
Nigeria loses up to $10 billion annually from post-harvest losses, threatening food security and economic growth. Agritech CEO Segun Alabi calls for urgent action on storage and logistics.
Manufacturers Warn of Job Losses Over New Sugar Tax
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
Aba Traders Protest 'Unjustifiable' Levies Under Governor Otti
Aba traders face hardship as government operatives impose high levies and seal shops at night. APC chieftain Paul Ikonne condemns the actions as tyrannical. Read more.
Nigeria loses $10b annually to post-harvest waste
Nigeria loses an estimated $10 billion yearly due to post-harvest losses, threatening food security. Expert Segun Alabi calls for urgent action on storage, processing, and turning waste into wealth.
Traders Fair 2026 Set to Ignite Lagos Finance
Nigeria's largest trading event, Traders Fair 2026, is coming to Lagos on April 10, 2026. Join for expert seminars, networking, and a chance to win prizes. Register now!
IUX Brokerage Grows 68%, Enhances Client Protection
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
N2trn Industry Threatened by Sachet Alcohol Ban
FOBTOB warns Nigeria's N2 trillion beverage sector faces collapse from the sachet alcohol ban, threatening 5.5 million jobs. Urges Senate to reconsider.
Lagos launches N500bn food plan to boost production
Lagos State government unveils comprehensive agricultural transformation program targeting food security, price reduction, and post-harvest loss minimization through strategic initiatives.
FundingPips CEO Khaled A'yesh Launches Tradin Platform
Khaled A'yesh, CEO of FundingPips, launches Tradin brokerage platform designed for traders worldwide. Features instant withdrawals, tight spreads & superior execution. Read more about this trading innovation.
Lagos Traders Fair 2026 Returns on April 10
The 2026 Lagos Traders Fair offers free registration for seminars, exhibitions, and networking on April 10 at Lagos Continental Hotel. Connect with finance experts!
34.7 Million Nigerians Projected Food Insecure by 2026
A new report reveals 34.7 million Nigerians across 27 states will face food insecurity between June and August 2026. Farmers incur massive losses despite government interventions, threatening future food production.
Smart Nigerian Forex Traders Avoid Cash Settlements
Discover why Nigerian forex traders are protecting positions with risk management instead of cash settlements. Learn strategies for sustainable trading success in Nigeria's volatile market.
Manufacturers Challenge NAFDAC's Sachet Alcohol Ban
Nigerian manufacturers demand reversal of sachet alcohol ban, warning of massive job losses and economic damage. MAN argues ban contradicts existing policies.
N120m Lost in Kano Market Fire, 44 Shops Destroyed
Massive fire destroys Singa Market in Kano, gutting 44 shops and goods worth millions. Trader Alhaji Salisu Abdullahi loses N120 million. Read full details on the devastating incident.
Group Condemns NAFDAC's Sachet Alcohol Ban
Civil society group Stand Up Nigeria condemns NAFDAC's ban on sachet alcohol, warning of 500,000 job losses and ₦1.9 trillion economic damage. Read the full details.
Sachet Alcohol Ban Threatens 500,000 Nigerian Jobs
Manufacturers Association warns NAFDAC's December 31 ban on sachet and PET bottle alcohol could eliminate 500,000 jobs and N1.9 trillion investments. MAN urges Senate reconsideration.
N4.64 Trillion Wiped Out in Nigerian Stock Market Crash
Nigerian stock market plunges 5.01%, wiping N4.64 trillion off investor wealth in massive selloff. Key stocks including MTN Nigeria, BUA Cement crash by 10%.
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