market pulse – BusinessDay Television

“They Destroyed Everything” | The Heartbreaking Reality of Balogun Market Demolitions

Is "Made in Nigeria" finally better than imported goods? Join Amanda Amos- Igbuwe as she explores the incredible craftsmanship in Balogun Market, from luxury Adire to leather stronger than ...China's—only to find a shocking scene of destruction.

In this episode of Market Pulse, Amanda and the BusinessDayTV team dive deep into the heart of Nigeria's creative economy. We speak with local artisans, leather makers, and textile moguls who are defying the dollar rate to produce world-class products. However, the story takes a dark turn as we uncover the sudden demolition of shops at Lagos Marina (beside UBA Head Office). Traders who just renewed their 15-year leases share their heartbreaking stories of losing millions in a single day.

[TIMESTAMPS]
[00:20] Why Nigerians are finally going local
[01:40] Nigerian Leather vs. Foreign Brands: The durability test
[03:26] Inside Balogun Market: Adire, Lace, and Luxury Fabrics
[06:55] The unique vibe of wearing Adire and handmade styles
[08:43] Why Nigerian leather is "stronger than China"
[11:38] The Dollar Rate Crisis: How it’s affecting local production
[16:32] BREAKING: The Marina shop demolitions (Shocking footage)
[20:57] Traders speak out: "We are legal taxpayers, why destroy us?"
[24:21] Appeal to Governor Sanwo-Olu: What happens next?

#MadeInNigeria #BalogunMarket #LagosNews #BusinessDay #NigeriaEconomy #LagosDemolition #NigerianFashion #SanwoOluShow More

“They Destroyed Everything” | The Heartbreaking Reality of Balogun Market Demolitions

Is "Made in Nigeria" finally better than imported goods? Join Amanda ...

₦1,000,000 for ONE Cow? The Harsh Reality of Lagos Food Markets in 2026

In this episode of Market Pulse, Amanda Amos-Igbuwe visits the iconic ...

Why Nigerians Are Ditching New Appliances for Tokunbo in 2026 | Market Pulse

In this episode of Market Pulse, Amanda Amos-Igbuwe speaks with ...

An Inside Look at the Gadgets Industry: A Visit to Computer Village, Lagos

Gadget prices in Lagos, Nigeria, have skyrocketed, forcing customers ...

Naira's Skincare Crisis: How Inflation Killed Profit & Boosted FAKE Creams in Nigeria!

Welcome to a special edition of Market Pulse, where Anchor Amanda ...

Welcome to a special edition of Market Pulse, where Anchor Amanda Amos-Igbuwe investigates the volatile business of beauty in Nigeria. The skincare sector, now a projected $14 BILLION market, is ...being redefined by economic pressure. We speak directly with seasoned traders like Unique Mercy and Obby Success about the daily struggle to keep shelves stocked with authentic products.

Here’s what you will learn in this exclusive report:

The FX War: How the unstable Naira-to-Dollar exchange rate is destroying profit margins and quadrupling the startup capital needed for new entrepreneurs .

The Fake Product Epidemic: Learn the harsh truth about counterfeits and why customers are increasingly vulnerable to dangerous skin treatments. 67% of consumers flag fakes as their biggest concern—our traders show you how to spot them.

Global vs. Local: An overview of the most in-demand products, from Korean serums and US exfoliants to local Nigerian skincare brands like Skin Magnet and Lemon F.

The Shift in Beauty: Why the demand is moving from bleaching to toning, brightening, and essential sun protection (SPF) for a healthier, natural glow [05:24].

Advice for New Entrepreneurs: Critical advice on surviving the market, navigating NAFDAC, and building a trusted customer base.

TIME STAMPS

[00:28] Welcome to Market Plus: Skincare is for everyone.

[01:40] The Crisis of Counterfeit Products and Loss of Trust.

The Shocking Rise in Startup Capital (₦2M to ₦10M).

[05:24] Toning vs. Brightening vs. Bleaching: Products Explained.

[06:22] A Veteran Trader on Importing Challenges and Exploding Prices.

[08:14] The Global Brands Nigerian Consumers Seek (UK, US, Thailand).

[10:04] Major Regulatory Hurdles and NAFDAC Challenges.

#nigeria #skincare

[11:21] Obby Success on Importation Costs and Dollar Rate Volatility.

[16:30] Why You Need a Skincare Expert and How to Dictate Skin Type.

[19:00] Price Scout: What is the Cheapest and Most Expensive Cream?

[21:03] Step-by-Step: The Essential Skincare Routine (Cleanser, Serum, Sunscreen).Show More

Real Struggles of the Nigerian Home and Kitchen Utensils Business

Can Nigerian traders survive a failing economy? In this episode of ...

Nigeria's Inflation Crisis : An Inside Look at the Yaba Okrika Market

Nigerians are struggling with a skyrocketing cost of living, and the ...

Cost of Living Crisis: Nigerian Traders lament on Hardship

Welcome to a raw and unfiltered look into the lives of Nigerian market ...