Tag "market"

    Oyedepo: Nigeria’s COVID-19 doesn’t go to markets… only churches

Oyedepo: Nigeria’s COVID-19 doesn’t go to markets… only churches

David Oyedepo, the presiding bishop of Living Faith Worldwide, says Nigeria is now fighting an anti-church virus, accounting for why churches remain closed while markets are allowed to operate. The clergyman spoke on Sunday while delivering a sermon on various topics, including the federal government's restriction on social gatherings which has prompted the continued shutdown of religious buildings, despite the gradual [...]

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    Shops destroyed in fire outbreak at Ibadan market

Shops destroyed in fire outbreak at Ibadan market

Goods worth millions of naira were burnt in an inferno that swept through Dugbe market in Ibadan, Oyo state capital, on Wednesday. According to NAN, the fire, which was said to have started around 2pm, was put out at about 4:05 pm by a combined team of fire fighters from the Oyo State Fire Service, Central Bank of Nigeria and Sweetco. Witnesses [...]

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    Coronavirus: Miyetti Allah asks members to shut cattle markets

Coronavirus: Miyetti Allah asks members to shut cattle markets

Bello Bodejo, national president of the Miyetti Allah Kautal, has asked members to shut down cattle markets across the country. According to the Sun newspaper, Bodejo said the decision was taken as a measure to curb the spread of coronavirus (COVID-19) in the country. He asked members of the association to remain in the bush until the pandemic is over. “Let my people [...]

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    Coronavirus: El-Rufai asks FG to suspend Abuja-Kaduna train services

Coronavirus: El-Rufai asks FG to suspend Abuja-Kaduna train services

The Kaduna state government has asked the federal government to stop the Abuja-Kaduna train services amid the outbreak of coronavirus. Speaking during a broadcast on Monday, Nasir el-Rufai, the governor, said this is to protect residents of the state from coronavirus (Covid-19). There are over 30 coronavirus cases in Nigeria but none in Kaduna. Hwoever, el-Rufai said his administration needs to be proactive. "We [...]

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    ‘Seven killed’, many injured as ‘bandits’ attack Kaduna market

‘Seven killed’, many injured as ‘bandits’ attack Kaduna market

Seven people were allegedly killed by suspected bandits in a market at Maro village, Kajuru local government area of Kaduna state on Wednesday. The incident was said to have happened about 6:00pm when the bandits invaded the market. The attack comes less than 24 hours after over 20 people, including a family of 13, were reportedly killed by bandits in an onslaught on Bakali village, [...]

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    270 shops destroyed as fire guts Terminus market in Jos

270 shops destroyed as fire guts Terminus market in Jos

The Terminus main market in Jos, Plateau state capital, was razed down by an inferno in the early hours of Saturday. Adie Undie, Plateau police commissioner, who confirmed the incident, said the fire started around 1:30am. Undie said the cause of the fire is yet to be ascertained. “This incident happened around 1:30.a.m and our men and that of the Department of Fire [...]

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    Group asks Okorocha to halt Owerri market demolition

Group asks Okorocha to halt Owerri market demolition

Space for Change, a non-governmental organisation, has asked Rochas Okorocha, Imo state governor, to halt the demolition of structures in Eke-Ukwu market, Owerri, the state capital. In a statement by Victoria Ibezim-Ohaeri, its executive director, the group said the governor gave the directive against a court order in favour of the traders. Okorocha had issued an evacuation order to the traders advising them [...]

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    FG asks states to relocate markets on highways

FG asks states to relocate markets on highways

Aminu Nabegu, permanent secretary special services, office of secretary to the government of the federation, has appealed to state governments to relocate markets on highways. Nabegu made the appeal on Friday when he visited Gombe state for a two-day quarterly federal and states administrators meeting. He said market along highways were at risk, and need to be relocated. “One of the issues in [...]

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    Benin-Lagos highway shutdown as market women protest

Benin-Lagos highway shutdown as market women protest

Protesters on Monday blocked the Uselu/Ugbowo section of the Benin-Lagos highway over plans by Egor local government area of Edo to relocate traders. The protesters, under the aegis of Uselu market women association, were resisting the directive to move to lock-up stores built by the council. The women, displaying placards, blocked both sides of the highway, preventing motorists from continuing with their trips. Some [...]

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    FXTM to discuss naira trends at world-class educational events in Nigeria

FXTM to discuss naira trends at world-class educational events in Nigeria

FXTM, a global, award-winning forex broker, is reinforcing its position as a leader in the provision of world-class education, with the announcement of an extensive series of educational and networking events for Nigerian traders. The educational events will be led by one of the world’s most highly respected FX experts, Andreas Thalassinos, with the program tailored specifically to the needs of [...]

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    Fire guts multimillion naira property in Sokoto market

Fire guts multimillion naira property in Sokoto market

A fire outbreak on Sunday night destroyed goods and properties worth millions of naira at the old market in Sokoto. The fire, which started around 10.00 pm lasted for about three hours before it was put off by firemen, traders and good Samaritans, including Aminu Tambuwal, the governor. The market, locally known as Kasuwar Dan-Jabalu, is reputed for selling clothing materials, foot [...]

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    Trading extended as interbank market pushes naira to 260/$1

Trading extended as interbank market pushes naira to 260/$1

Following the Central Bank of Nigeria (CBN) decision to let market forces drive the position of the naira, the interbank market pushed the local currency to as high as 264 against the greenback. According to Bloomberg, the interbank market rate opened around N253 to the dollar on Monday at the start of the new foreign exchange regime. At about 11:02am on Monday, [...]

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    Traders at Mile 12 market vow to live in peace

Traders at Mile 12 market vow to live in peace

Jubril Magaji, member, sukura yam sellers association of Nigeria, Mile 12 market, on Thursday said that peace had returned to the market and people in the area were determined to live together as brothers and sisters. [...]

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    Mile 12 traders beg Ambode to reopen closed market

Mile 12 traders beg Ambode to reopen closed market

Traders at Mile 12 market, Ketu, on Thursday pleaded with Akinwunmi Ambode, governor of Lagos state, to reopen the market which was shut following late week’s bloody clashes in the area. Haruna Mohammed, chairman of perishable traders association at the market, said the continued closure of the facility would further impoverish members. The market was shut on March 3 following violent clashes which, according [...]

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NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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