General News
Risk of a no-deal Brexit dangerously underpriced

By Lukman Otunuga, Research Analyst at FXTM,
The British Pound performed unexpectedly well during the first quarter of 2019 despite the chronic uncertainty, growing confusion and chaos revolving around Brexit.
Much of the positivity seen in the Pound has been encouraged by expectations that the United Kingdom is heading for a softer Brexit, a potential second referendum or, as some optimists would like to believe, no Brexit at all.
Investors guilty of complacency regarding no-deal Brexit risks
Given that at time of writing there have been multiple defeats and rejections of UK Prime Minister Theresa May’s Brexit deal, and that the latest headline from the EU Commission is that a no-deal Brexit on April 12 is “likely”, the upside in recent months for the Pound has been a mystery for most traders.
Market participants need to be aware of the risks over market complacency with Brexit uncertainty, because investors do not look like they are positioned at all for no-deal Brexit risks, or a disorderly Brexit.
In the event that United Kingdom politicians are able to miraculously agree between themselves a new Brexit agreement before the April 12 deadline at time of writing, further upside in the GBPUSD is likely limited to between 1.34 and 1.36.
However, the unexpected occurring and the risk of traders getting nervous on the edge of their seats over a no-deal Brexit holds the potential to suddenly send the GBPUSD to 1.25, if not lower.
Brexit uncertainty to remain the name of the game
The third rejection by the House of Commons on Theresa May’s Brexit deal has created another element of uncertainty and confusion at a critical period where investors are scrambling for clarity on Brexit. The United Kingdom now only has until April 12 to come up with an alternative plan, otherwise fears of a no-deal Brexit are set to rise in the foreign exchange markets. Will there be a second referendum, a general election, or even perhaps a longer delay to Brexit? Or, will the UK end up crashing out of the European Union without a deal in place? Where we go from here remains an open question, and this endless uncertainty should weigh on sentiment for the Sterling.
GBPUSD searching for catalyst to make next major move
In regards to the technical picture, the GBPUSD is trading within a range on the monthly timeframe, with support found at 1.3000 and resistance at 1.3300. Although prices have breached the bearish channel, the downside is likely to resume if a monthly close below 1.3000 is achieved. Sustained weakness below this level would likely threaten opening a path towards 1.2820 and 1.2700, respectively.
In the event of a no-deal Brexit, the Sterling has the potential to tumble towards 1.2400, possibly even lower if investors panic.
The weekly timeframe paints a similar picture to the monthly timeframe that 1.30 is a critical level for the Pound. For bullish sentiment to jump firmly back into the game, a decisive monthly close above 1.3350 would be encouraging for potential buyers. Such a move would likely open the doors towards 1.3470 and 1.3630.
General News
FG Launches NERD to Combat Certificate Fraud

Federal government has taken a significant step to enhance the integrity of Nigeria’s education system by deploying the Nigeria Education Repository and Data Bank (NERD), a national digital platform that secures, digitizes, and authenticates academic records across all tertiary institutions.

Forgery
Maruf Tunji Alausa, minister of Education, unveiled the initiative during the National Capacity Building Programme for institutional representatives, underscoring NERD’s importance as a critical national infrastructure for safeguarding academic credentials and strengthening education data governance.
“NERD is essential to our reform agenda under the leadership of President Bola Ahmed Tinubu,” Alausa stated.
“It ensures reliable digital preservation and verification of academic records, which is vital for maintaining the credibility of our education system.”
According to Alausa, in the brief span of four months since its implementation, NERD has made remarkable progress, successfully preserving nearly 100,000 digital student submissions and integrating over 250 tertiary institutions.
The platform has also enrolled more than 133,000 students and 6,800 lecturers, significantly enhancing the academic record-keeping process.
Alausa highlighted that the initiative is a proactive measure against certificate fraud, noting recent investigations that revealed cases involving fraudulent foreign credentials procured from unaccredited institutions.
This underscores the urgency of protecting the integrity of academic qualifications in Nigeria.
Furthermore, the Ministry announced that participation in the NERD system will soon become a prerequisite for either participation in or exemption from the National Youth Service Corps scheme, reinforcing the initiative’s impact on the educational landscape.
The Federal Government remains committed to building a transparent, digitally verifiable, and globally respected education system, ensuring that the integrity of academic records is upheld across the nation.
General News
Goodnews Naija Launches ‘Building in Nigeria’ Series on Entrepreneurs, Real Sector Builders

Goodnews Naija Podcast, a digital platform dedicated to highlighting positive, uplifting stories and innovations from Nigeria, has launched Building in Nigeria, a documentary-style series aimed at spotlighting entrepreneurs and businesses contributing to economic activity and job creation across the country.

The series explores the realities of running and scaling businesses in Nigeria, featuring founders, operators, and innovators across sectors including manufacturing, services, agriculture, and sustainability.
Through interviews and on-ground visuals from workshops, markets, factories, and small offices, the programme examines the operational discipline, challenges, and execution processes required to build viable enterprises in a complex business environment.
Damilola Kehinde, host of the series, said the programme focuses on entrepreneurs whose contributions to economic progress often receive limited visibility.
According to the producer, Memunat Oladepo, the series seeks to move beyond surface narratives by providing practical insights into how Nigerian businesses are started, sustained, and grown despite infrastructure gaps, funding constraints, and market volatility.
The organisers said Building in Nigeria is targeted at entrepreneurs, investors, and policy-interested audiences seeking grounded perspectives on enterprise development in the country.
The first season is scheduled to premiere on March 11, 2026, across Goodnews Naija’s YouTube channel, social media platforms, and podcast platforms, where it recorded over 24 hours of viewership within the first day of release.
General News
FCCPC Bans Lagos ‘No Refund’ Policy, Vows Fines and Shutdowns for Traders

Federal Competition and Consumer Protection Commission (FCCPC) has warned Lagos traders against enforcing the unlawful “no return, no refund” policy, declaring it illegal under the Federal Competition and Consumer Protection Act (FCCPA) 2018.

FCCPC
Dr Olubunmi Otti, FCCPC Southwest Zonal Coordinator, issued the directive during the inauguration of new executives of the Phone and Allied Products Dealers Association (PAPDA) on Wednesday, stressing consumer education as the strongest defence against market exploitation.
“There is no such thing as ‘no return, no refund’. If a product does not fulfil its intended purpose, the consumer has the right to return it,” Otti declared, adding the commission mediates complaints for refunds, replacements, or exchanges.
Non-compliant businesses face fines, product withdrawals, seizures, prosecutions, or shutdowns. Otti noted thousands of monthly complaints via the FCCPC portal in the Southwest alone, with sensitisation expanding to Alaba Market and Trade Fair Complex.
She urged consumers: “When your rights are violated, do not just say, ‘You give it to God.’ Bring your complaints to the FCCPC. The law empowers us to protect you,” while calling for traders’ collective responsibility to ensure quality products and services.
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