Niger state Governor, Umaru Mohammed Bago, has presented an estimate of N1.031 trillion as the budget proposal for 2026, describing the budget as the ‘Budget of Consolidation’.
Making the presentation at the Niger State House of Assembly on Friday evening, Bago said that the budget will sustain the foundation for a resilient, inclusive, and sustainable future of the state.
“As we navigate the challenges of a rapidly evolving global economy, our commitment to ensuring economic growth, social equity, and environmental sustainability remains steadfast. This budget reflects our shared vision and trust to people facing us. It is a plan that seeks to build on the past gains while addressing the present needs of our dear state.”
According to the Governor, the 2026 budget is N1,031,941,335,895.00 with a recurrent expenditure of N270,296,631,403.00, representing 26.19 per cent, and capital expenditure of N761,644,704,492.00, representing 73.81 per cent.
He stated that the 2026 project is anchored on fiscal discipline, strategic investment, and targeted interventions aimed at expanding economic opportunities for our citizens, adding that the focus will be mostly on wealth and job creation, agricultural infrastructure, and rural infrastructure consolidation.
“The budget is geared towards completing ongoing infrastructural development projects across the state. The 2026 project reflects the cost our citizens have placed on us, views on our past achievements, while addressing today’s pressing needs, as well as the inflationary pressures of fluctuating revenues. Our administration has continued to manage resources prudently, pursue broad-oriented projects and policies, and deliver tangible results over the last two years,” he said.
The governor pledged that all road projects across the state would be concluded before the end of 2026, while the administration will continue to strengthen the existing security architecture across the state and partner with the federal government and federal institutions to collaborate and bring new forms of security infrastructure.
The Speaker of the Niger state House of Assembly, Honorable Abdulmalik SarkinDaji, said that the Assembly will give the budget accelerated attention, assuring that the budget screening will be done within a week.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country is targeting $2 billion in investment through permits issued to 28 companies for access to flare gas.
NUPRC Chief Executive Officer, Gbenga Komolafe, made the disclosure on Friday at the “Permit to Access Gas Flare Issuance Ceremony” in Abuja, noting that the program is expected to generate more than 100,000 direct and indirect jobs.
“The program is expected to attract up to $2 billion in investment. More than 100,000 direct and indirect jobs are projected to be created,” Komolafe said.
He added that the initiative could produce about 170,000 metric tons of LPG annually, providing clean energy to roughly 1.4 million households, and unlock enough gas to generate around 3,000 MW of electricity.
Komolafe explained that structures such as the NGFCP forum and the College of Awardees have been established to support project implementation, knowledge sharing, and change management. The Commission has also engaged international financiers and technology partners to back the program.
He stated that NUPRC conducted extensive due diligence on all permit recipients, validating both technical feasibility and financial capability to ensure the commercial and operational soundness of approved projects.
The CEO recalled that 49 flare sites were auctioned, with 42 million cubic feet awarded. The captured flare gas, estimated at 250–300 million standard cubic feet, will help eliminate approximately 6 million tons of CO2 emissions annually.
Komolafe highlighted that the Nigerian Gas Flare Commercialization Programme (NGFCP), relaunched in September 2022, aims to transform flare gas from an environmental liability into an economic asset, driving industrial growth and enhancing environmental credentials.
“By allocating flare gas to competent third-party developers, NUPRC activated a globally unique model where waste flare gas becomes valuable, turning environmental challenges into investment opportunities,” he said, describing it as part of the “new Nigeria Energy Story” written collaboratively with stakeholders.
He further noted that the program aligns with Nigeria’s Energy Transition Plan, supporting the country’s move toward a cleaner, more resilient energy system.
“NGFCP is therefore not merely a policy initiative. It is a pillar in our quest to eliminate routine flaring, reduce emissions, and enhance Nigeria’s global credibility in energy transition commitments,” Komolafe concluded.
The Presidency, through the Office of the Senior Special Assistant to the President on Food Security, in collaboration with the UNESCO REF and the Police Officers’ Wives Association (POWA) Lagos State Chapter, has launched a bespoke Urban Agriculture Training Programme in Lagos State.
Speaking during the formal inauguration of the initiative, senior special assistant to the President on Food Security, Yejide Ogundipe, reaffirmed the programme’s alignment with the President Bola Ahmed Tinubu, Renewed Hope Agenda.
Ogundipe stressed that women farmers must be recognised as vital contributors to Nigeria’s food security.
She noted that the initiative is designed to strengthen the Lagos State agricultural food system while empowering women through innovation, sustainability, and financial inclusion.
The programme, themed “Seed of Empowerment: Growing Women in Lagos,” equips women with tools, knowledge, and opportunities to thrive in urban farming.
According to her, the initiative aligns with the National Agricultural Technology Innovation Policy (NATIP) and connects directly with the ₦500 billion Offtake Guarantee Fund under the Produce for Lagos Programme, launched earlier in July 2025.
Participants are guaranteed a steady income every two to three weeks, ensuring that empowerment translates into tangible financial stability for households.
Organisers announced plans to expand the bespoke programme in 2026, targeting at least 120,000 women across all local governments and LCDAs in Lagos State.
Also speaking, the President of UNESCO REF, Abdulsalami Ladigbolu‑Oranmiyan, said that the bespoke programme is not charity but empowerment.
He said, “Philanthropy provides immediate relief, but capacity building empowers individuals to achieve financial freedom and long‑term sustainability. What we are launching today is designed to transform lives and communities.
“Beyond Lagos, the mission is envisioned to be taken across the federation, ensuring that women in every state of Nigeria benefit from sustainable agricultural empowerment and contribute to strengthening the national food system.”
Chairperson Lagos State POWA, Mrs. Risqat Jimoh, highlighted the importance of women’s empowerment at both local and national levels, noting that the initiative strengthens families, communities, and the food system of Lagos.
She said, “Each participant would receive a Tier 2 certificate, which not only recognizes training but also guarantees subsidised entry for their children into future agricultural programmes.
“To ensure participants can immediately apply their training, each woman received varieties of seeds to kickstart their learning and farming practice. This practical support guarantees that the programme moves beyond theory into real, hands-on empowerment, enabling participants to begin cultivating produce right away.”
A participant and beneficiary of the programme, Aisha Abiola Sanni, described the programme as “an alternative means for financial income.”
She explained that, as a youth corps member, the opportunity positions her to save and prepare for completing her service year and future plans.
The bespoke initiative is supported by partners including NIHORT (National Horticultural Research Institute), IAR&T (Institute of Agriculture Research and Training), The Lichfield, Op3n Labs USA, Women’s Space USA, and others, under UNESCO REF’s flagship Strategic Intervention Programme – Alpha Category 2 Framework.
Organisers noted that financial stability in households is one of the strongest deterrents to crime, positioning the programme as both an economic and social intervention.
It also serves as a CSR model for corporate partners interested in investing in women’s empowerment and food security.
A prominent bloc within the All Progressives Congress (APC) in Ondo State, APC Aborigines, has expressed strong confidence that President Bola Ahmed Tinubu will win re-election in 2027, citing what it described as his “enviable achievements” since assuming office.
The group made the declaration on Friday during the inauguration of its Local Government and Wards’ Coordinating Committees for the Tinubu 2027 Progress project held across Owo and Akoko South-West Local Government Areas of the state.
Speaking at the event, the convener of the group and ambassador-designate, Chief Sola Iji, said President Tinubu has demonstrated uncommon courage and sincerity in implementing reforms aimed at repositioning Nigeria for long-term economic growth.
Iji noted that despite the temporary pains associated with the administration’s economic reforms, Nigerians are beginning to witness signs of gradual recovery – especially in agriculture, infrastructure renewal, security operations, and social investment programmes.
He said the newly inaugurated coordinators are expected to immediately begin community-level mobilisation to canvass support for the President’s second-term bid, insisting that the mission “must be achieved with every vigour.”
“As you are inaugurated today as members of the Local Government and Wards’ Coordinating Committees, your immediate task is to join forces with other stakeholders of the party in your area and ensure the maximum delivery of votes for President Tinubu in the 2027 presidential poll.
“This is our primary mission as a political group, and we must all see to its actualisation in the interest of our party and the country, considering the enviable achievements of Mr President in the last two and a half years,” he said.
Iji added that the APC Aborigines have begun mobilisation across all 18 local government areas of the state ahead of the 2027 general election, boasting a structure that includes ten coordinating members in each ward and five canvassers in every polling unit.
Also speaking, Chairman of the Local Council Development Areas (LCDA), Barr. Eniola Ajipe urged the committee members to embrace the task ahead and work in harmony with other party stakeholders to ensure the President’s return to the office.
He appealed to Nigerians to remain patient as the administration continued to roll out policies aimed at stabilising the economy and strengthening national security.
The Chairman of Akoko South-West Local Government, Hon. Ayo Ajana commended the Aborigines for their longstanding loyalty and charged committee members in his council area to work diligently to deliver one of the highest vote margins for President Tinubu in the state.
In their separate remarks, the local government coordinators for Owo and Akoko South-West, Dr. Folasade Ogunoye-Fabuluje and Barr. Bisi Ayeni assured the leadership of their readiness to deliver a strong outing for the group in the 2027 presidential election.
They also reaffirmed their commitment to strengthening the APC’s grassroots structures while supporting ongoing efforts of the Ondo State Government under Governor Lucky Aiyedatiwa in aligning with President Tinubu’s Renewed Hope Agenda.
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has expressed profound sadness over the passing of Bayelsa State Deputy Governor, Lawrence Ewhrudjakpo.
In a statement issued on Sunday and signed by his special adviser on media and communications, Nneamaka Okafor, Senator Lokpobiri described the loss as significant for Bayelsa State, the Niger Delta region, and the nation.
He praised the late deputy governor as a dedicated public servant whose career reflected loyalty, integrity, and a strong commitment to the development of Bayelsa State.
“From his years as Commissioner to his service in the Senate and later as Deputy Governor, Senator Ewhrudjakpo gave his all to the progress of our State,” the Minister said.
Senator Lokpobiri noted that the Deputy Governor’s contributions to governance “remain etched in the history of Bayelsa,” adding that his passing is “a collective tragedy felt far beyond his immediate family.”
He extended condolences to Governor Douye Diri, the widow, Barr. (Mrs.) Beatrice Ewhrudjakpo, their children, the wider Ewhrudjakpo family, the Ofoni community, and the people of Bayelsa State.
The Minister prayed for comfort for the bereaved and for eternal rest for the late Deputy Governor. “May God console the family and grant his soul eternal rest,” he said.
One trader asked on Reddit which prop firms are legit and worth joining. He was particularly interested in fair profit splits, a transparent evaluation process, good trading conditions, and reliable payouts. In the comments, one user shared that it is so hard to find information on prop firms, and the comment received many upvotes.
If anything, the lesson here is that many traders want to be funded but they are stuck at finding the right prop firm in Nigeria to work with. That is why we created this post where you will get to know the top options according to our research. And we will start with the list straightaway.
Our TOP 5 Prop Trading Firms in Nigeria
OneFunded – Best for Traders of all experience levels who benefit from a pressure-free environment with no time limits, low-cost entry options, and flexible withdrawal policies.
FTMO – Best for Experienced, disciplined traders (and serious aspiring traders) who can meet strict risk and profit objectives and are eyeing a pathway into an institutional-style career.
FundedNext – Best for Traders who are aggressive and have high-conviction but want flexible rules, permissive news and algo trading.
TopStep – Best for Futures-focused traders who value deep CME/NYMEX market access.
The Funded Trader – Best for Experienced, risk-tolerant traders who want large, highly customizable account sizes with aggressive profit targets, flexible strategies, and gamified community features.
Where Traders Go Wrong When Choosing a Prop Firm
Granted, prop firms are one of the best things, if not the best thing, to happen to retail traders. Anyone with the right set of skills can get their hands on massive liquidity to trade as much as they like but within set guidelines. However, one analysis shows that an overwhelming majority, 80% to 95%, of all traders fail prop firm evaluations. Another analysis, by Blue Edge Forex, puts the figure at 98%. Both of these analyses cite several mistakes traders make, some of which we will cover below:
Overvaluing High Profit Splits
You may have noticed that most prop firms prominently display potential profit splits on their homepage. And if you’re looking for offers of up to 100%, you will most certainly find them, but this could be a trap. Such massive offers place the cart miles before the horse. This is because the most generous split in the world is worth zero if the firm’s rules make it statistically improbable for you to ever get a payout. So, chasing high splits may lead you to overlook the stringent conditions that come with them, ultimately undermining your career.
The real cost of a high-profit split usually includes:
Extremely aggressive profit targets
Tighter drawdown rules
Reduced flexibility
As such, your primary goal should not be to negotiate a split on profits you haven’t earned yet. Instead, focus on passing the evaluation and maintaining a funded account. A 50% split of real, withdrawable profits is infinitely more valuable than a 100% split of theoretical profits locked behind an impossible challenge.
Miscalculating Total Cost to First Payout
It’s tempting to look at a firm’s evaluation fee and think that’s the total investment. Nothing can be further from the truth. The evaluation fee, which is like the entry ticket, is only the beginning. The full capital required to succeed, which includes the very high likelihood of needing multiple attempts, is the true cost.
Your initial fee often just buys you a single attempt at passing the challenge. The industry’s high failure rate means most traders will need several. Each reset or re-take costs more money, turning the “affordable” fee into a massive total outlay before you ever see a cent of profit.
To get a better sense of the cost, first break it down to your first successful payout. This should include:
Evaluation fees: This is the base price for a one-time attempt at a specific account size.
Reset/retry fees: This is a multiplier you’re likely to miss because if you fail close to the target, it becomes a recurring cost.
Scaling plan costs: This is akin to a performance task. Some firms require you to pay a fee to scale your account to a larger size after proving profitability.
Time: This is the most overlooked factor. Weeks or months spent in repeated evaluations without income is an opportunity cost. And your capital is locked in challenges, not growing in a funded account.
It might be sensible to have a budget for failure. If you have a $300 evaluation fee, you should realistically have $900-$1,200 set aside to cover multiple resets. This proactiveness ensures that you’re ready to take on the next attempt until you break above the ground.
Not Checking Reputation and Payout Behavior
You’re assured of a miserable experience if you choose a prop firm based solely on its advertised rules and prices. This wouldn’t be any different from doing business with a stranger based on their promise to pay you later. Your entire effort hinges on one final, critical step: the firm reliably sending you your money.
And, a firm’s reputation is not about social media popularity. Neither is it about how much certain influencers and celebrities shove it in your face. It is instead about a verifiable track record of financial integrity. The issue is that harmful payout practices often only surface after traders have already invested months of work and paid multiple fees.
To that end, some of the red flags you should watch out for include:
Suddenly citing vague clauses in the Terms of Service to deny a payout for a trade they previously allowed.
Extending withdrawal processing times indefinitely under the guise of additional compliance checks.
Enforcing minor, often overlooked rules with extreme precision only when a trader requests a large withdrawal.
Silent treatment, generic responses, or unexplained technical glitches when you make withdrawal requests.
In fewer words, a firm with a sterling, verified payout history is always the superior choice. How do you evaluate this? Search beyond the front page, look for reviews such as this, and see what other traders are saying on platforms like Reddit.
1. OneFunded
Funding Model: Evaluation
Tradeable Instruments: Stocks (US and EU), forex, cryptocurrencies, global indices, and metals.
Trading Platforms: CTrader, TradeLocker, MT5 soon
Payouts: Processed on a 14-day cycle and weekly with add-ons, withdrawable through crypto and bank transfer
OneFunded is a UK-registered prop trading firm whose philosophy centers on two pillars: to provide structure for skilled traders and to support them to excel. The company emphasizes performance over speed, which is evidenced by their no deadlines policy for challenges. In fact, they state in their vision that they aim to build traders’ confidence by providing the necessary tools and a platform that mirrors real-market conditions.
To that end, OneFunded provides flexible challenge formats to cater to traders of all experience levels. You can choose between 1-Step and 2-Step challenges to show your mettle. There is also a special evaluation, 1F Limited Challenge, which is a two-step evaluation but with enhanced risk management and flexibility. And once you advance past evaluation and get a virtual funded account, you can manage up to $200,000 worth of virtual funds and get up to 90% of the profit splits.
OneFunded Challenge Rules
1-Step Challenge
2-Step Challenge
1F Limited
Account Sizes
$2k – $200k
$2k – $200k
$2k – $25k
Profit Targets
10%
Phase 1: 8% Phase 2: 5%
Phase 1: 7% Phase 2: 4%
Max Daily Drawdown
4%
5%
5%
Max Total Drawdown
6%
10%
11%
Minimum Trading Days
5 Days
3 Days
2 Days
Trading Period
Unlimited
Unlimited
Unlimited
Payout Timeline
Bi-weekly / Weekly
Bi-weekly / Weekly
Bi-weekly / Weekly
Fee Refund
100% with first payout
100% with first payout
100% with first payout
Leverage
Up to 1:100
Up to 1:100
Up to 1:100
2. FTMO
Funding Model: Evaluation
Tradeable Instruments: All the instruments and assets that are available in your trading platform.
Payouts: Processed on a 14-day cycle, withdrawable through crypto, regular bank wire transfer, Skrill, instant transfer via Mastercard Send and Visa Direct
FTMO is one of the largest proprietary trading companies in the world. Founded in the Czech Republic in 2015, the firm runs one of the longest-operating and most widely recognized evaluation programs in the retail prop space. It offers simulated accounts up to $200,000 and rewards up to 90% of generated demo profits. Traders who meet specific requirements can have their FTMO account increased by 25%, and this initial balance can go up to $2 million.
FTMO describes itself as a modern prop trading firm and that it has created more than 240,000 professional traders. To get the FTMO Account, you have to complete a multi-step evaluation process; it starts with Challenge, then Verification, and finally the FTMO Account. Optionally, the firm can transition you to Supreme Status, where you enjoy $1 million in maximum allocations, immediate payout, and immediate payouts.
FTMO Challenge/Funded Account Rules
FTMO Challenge (Step 1)
Verification (Step 2)
FTMO Account (Live Stage)
Supreme Status (Premium Tier)
Objective
Prove profitability under strict risk rules to qualify for Verification
Confirm consistency with an easier profit target but the same risk limits
Trade sustainably under the same risk framework and receive regular rewards
Reward top 1% traders with elite conditions, capital, and potential institutional transition
Profit target
$1,000
$500
Any positive profit can be paid out if the rules are met
No additional profit target beyond the FTMO Account
Max daily loss
5% of the initial balance (closed + floating).
5% of initial balance
5% of initial balance
No maximum daily loss limit
Max total loss
10% of the initial balance over the phase.
10% of the initial balance.
10% of the initial balance.
Overall loss limit still applies at the account level; daily cap removed.
Minimum trading days/activity
4 days
4 days
No minimum per payout cycle
Must remain active, process required payouts, and avoid account failure for at least 4 months and 3 qualifying payouts in Prime.
Trading period
Unlimited
Unlimited
Unlimited
Unlimited
Platforms supported
MT4, MT5, cTrader, DXtrade
MT4, MT5, cTrader, DXtrade
MT4, MT5, cTrader, DXtrade
MT4, MT5, cTrader, DXtrade
Payout/reward schedule
None (evaluation only).
None (evaluation only).
Bi-weekly rewards by default; base split is 80%, scalable to 90% via scaling
Immediate payouts
Evaluation/account fees
€89
Free
Refund
No separate “fee”; requires having an active $400k FTMO Account (e.g., 2×$200k merge or single $400k from Prime).
Scaling & capital
Not applicable.
Not applicable.
25% balance increase every 4 months if criteria met, up to $2,000,000 and 90% reward share.
Maximum capital allocation extended to $1,000,000 per Supreme framework plus option to join Quantlane with institutional desk and salary.
3. FundedNext
Funding Model: Hybrid (Evaluation and Instant)
Tradeable Instruments: Forex, indices, and commodities
Trading Platforms: CTrader, MetaTrader 4, MetaTrader 5, TradingView for analysis
Payouts: Processed on a 21-day cycle when starting and then 14 days if you meet the eligibility criteria. You can withdraw via RiseWorks, Confirmo, USDC, and USDT.
FundedNext describes itself as a futures and a CFDs prop firm as it offers programs in these two areas. It provides traders with simulated accounts, whose funding can go up to $300,000, and they can keep up to 95% of the revenue on successful trades. And like OneFunded, there are no time limits on this company’s challenges.
The prop firm’s mission is to empower promising traders anywhere in the world and to that end, it promises to help them master the markets. This is made possible by a wide selection of educational resources under the FundedNext Academy umbrella. And the challenge phase is structured in a way that allows mastery. That is, those who choose the CFDs market will tackle the Stellar Challenge, while those under the FundedNext Futures category face the Legacy Challenge. There is also Stellar Instant under FundedNext CFDs and Rapid Challenge under FundedNext Futures, which allow traders to access near instant funding.
FundedNext Challenge/Funded Account Rules
Stellar Challenge (CFDs – 1-Step/2-Step/Lite)
Stellar Instant (CFDs – Instant Funding)
Legacy Challenge (Futures)
Rapid Challenge (Futures – Instant Funding)
Rules
Profit target for 1-Step 8% phase 1 and P2 5%; 10% for 1-Step; and for Lite, 8% for P1 and 4% for P2.Maximum daily loss: 5% for 2-Step, 3% for 1-Step, and 4% for Lite.Maximum overall loss: 2-Step 10%, 1-Step 6%, and Lite 8%.Minimum trading days: 2-Step 5, 1-Step 2, and Lite 5First reward: 21 days for 2-Step and Lite, and 5 days for 1-Step.
No evaluation; buy an instant funded CFD account and trade immediately
1-step evaluation using a trailing max loss calculated from highest end-of-day balance. Traders must respect overall loss and consistency rules to pass
Same as Legacy Challenge but with slightly different terms i.e., higher profit targets, higher reset fees, and a buffer is required.
Profit share structure
Traders in Challenge accounts receive 15% reward, except in Lite where there is no reward.
Tiered split: lower tiers start near 70% and rise to 90% on higher tiers; profits counted per tier with scaling as account grows
The reward starts at 80% and can rise to 90%.
The reward starts at 80% and can rise to 90%.
Allowed strategies (incl. news)
Discretionary, swing, intraday, algo, and news trading allowed on Stellar 1-Step, 2-Step, and Lite, provided overall and daily drawdown rules are respected.
Similar flexibility but if you leverage news trading, a news profit split rule will apply and the applicable trade types include market execution and pending orders only.
Standard futures rule-set applies (no exploiting system flaws, no cross-firm hedging, etc.)
Traders must follow general futures rules (no hedging, no system abuse).
Account sizes
From $6k to $200k for 1-Step and 2-Step, and $5k to $200k for Lite.
$2k to $20k
Traders start with $25k and scale to $50k, then $100k
Traders start with $25k and scale to $50k, then $100k
Payouts: You are eligible for payout after 5 winning days; a winning day equals $150 or more in profit; only Express and Live funded accounts are eligible.
TopStep is an American futures‑only prop firm that has been funding traders for over 12 years. The program is built on the Trading Combine product, which evaluates performance on CME Group exchanges (CME, CBOT, COMEX, NYMEX) before granting Express and Live funded accounts.
The Trading Combine is TopStep’s evaluation program; it is designed as the entry program. Traders pay a monthly subscription and trade under defined profit targets, maximum loss limits, and contract size caps. They can also choose between a Standard path ($49 subscription + $129 activation) and a “No Activation Fee” path; the latter removes the one‑time activation fee for Express funding and is marketed to traders confident they can pass in one or two attempts.
Once traders meet the Combine objectives and observe all risk parameters, they can be graduated in as little as two days into an Express Funded Account. The firm offers multiple account sizes, allows up to five Express funded accounts per trader, and uses a simple payout policy that requires five winning days of at least $150. Payouts are processed daily and deducted instantly from the account so traders can continue without interruption.
TopStep provides its proprietary TopStepX platform, which integrates TradingView charts, a Tilt psych indicator, and built‑in trade copier. It also includes a live TopStepTV feed and commission‑free trading in the Combine program. Traders also get benefits like real‑time performance tracking, “Reset Bank” (earning a reset with each rebill), Coach T analytics, and free group coaching. Plenty of education courses are also available, and you can be part of an active Discord and Facebook community.
TopStep Challenge/Funded Account Rules
Trading Combine
Express Funded Account
Live Funded Account
Account sizes
$50k, $100k, $150k
$50k, $100k, $150k
$50k, $100k, $150k
Profit targets
$3,000 for $50k account $6,000 for $100k account $9,000 for $150k account
No new profit target
No new profit target
Drawdown/loss rules
No daily loss limit on TopStepX Combines from August 25, 2024, onwards. Maximum loss limits: $50K account ($2,000), $100K account ($3,000), $150K account ($4,500) Maximum loss limits are calculated end of day, enforced intraday, and based on net P&L
Same rules as in Combines apply.
Live accounts use a defined trailing or static max loss per product and per account.
Qualification timelines
Can be completed in as little as 2 trading days if the profit and consistency targets are met; there is no hard maximum duration, so traders can take longer if needed.
No fixed time requirement; traders continue trading until they either get called up to Live or violate risk rules.
You qualify for Live trading once you take 5 payouts in an Express account.
Payout rules
No payouts in the Combine
Traders can request payouts after achieving five non-consecutive winning days of at least $150 net PNL per day; each payout from an Express account is capped at about $5,000, and payouts are processed daily with instant deduction from the account.
Same as in Express account, except that traders can request a payout daily and withdraw up to 100% of the account balance.
Multiple accounts
Traders may run multiple Combines concurrently if they pay for each subscription and manage risk separately for each.
Traders can hold up to five Express Funded Accounts simultaneously, each tied to its own passed Combine
Payouts: First reward eligibility varies across challenge types, i.e., 21 days after first trade date in Standard challenges and 2 days for Royal Pro. You can withdraw payouts via RiseWorks, USDC, and Ethereum.
The Funded Trader (TFT) is a prop firm that grew popular by offering massive funding to traders. It also presents itself as a community for traders, and is run by traders, founded after the team’s not-so-great experience with other firms. You can become a part of this community in three phases. Phase 1 is the challenge stage, where you must meet specific objectives and on successful completion, you graduate to the next level. Phase 2 is the verification stage, where you must execute successful trades in a simulated environment. Once the firm verifies your results and finds that you’re skilled, they promote you to Phase 3, where you now become a funded trader.
You can choose challenges with one, two, or three phases. And each challenge type has several account types. For example, the 1-Step has Knight, Knight Pro, and Classic account types. You should know that TFT is a pure evaluation firm. That is to say that clients, such as you, pay an upfront fee to enter a challenge, trade in a simulated environment with dynamic execution. And, if they pass all objectives, the traders are eligible for a funded simulated account with a profit split on generated PNL.
TFT requires KYC/AML verification before issuing funded accounts or processing payouts. Our researchers found that the average verification period is under 12 hours, though individuals from select countries, including Cuba, Iran, North Korea, Syria, and certain regions of Ukraine, are ineligible.
TFT Challenge Rules
1-Step Challenges
2-Step Challenges
3-Step Challenges
Account types
Knight, Knight Pro, Classic
Royal, Royal Pro, Classic
Dragon
Trading platform
Match-Trader for Beginners cTrader for Advanced Platform 5 for Advanced
Match-Trader for Beginners cTrader for Advanced Platform 5 for Advanced
Match-Trader for Beginners cTrader for Advanced Platform 5 for Advanced
Balance selection
$5k, $10k, $25k, $50k, $100k, $200k
$5k, $10k, $25k, $50k, $100k, $200k
$5k, $10k, $25k, $50k, $100k
Add-ons
None
14-day withdrawals
None
Price
$549
$1,100
$299
Daily drawdown
6,000 (3%)
10,000 (5%)
5,000 (5%)
Maximum drawdown
10,000 (10%)
20,000 (10%)
10,000 (10%)
Profit target
20,000 (10%)
16,000 (8%)
8,000 (8%)
Conclusion
If anything is clear from this list is that most prop firms target everyone looking for funding opportunities. But, only a few programs are, in an actual sense, suitable for traders of all definitions. And this also means that if not careful, some traders may end up working with firms whose culture and structure are incompatible with their skills. Which makes this a good time to address some of the mistakes traders make when choosing a prop firm.
The Federal Competition and Consumer Protection Commission (FCCPC) has expanded the scope of its ongoing investigation into the pricing templates used by some airlines on selected domestic routes, amid growing concerns over alleged coordinated airfare manipulation as the festive season approaches.
In a statement signed by the Director of Corporate Affairs, Ondaje Ijagwu, the Commission said recent public outcry suggests possible exploitation in ticket pricing on routes within the South-East and South-South regions.
Ijagwu noted that the expanded investigation focuses on operators on the affected routes. He recalled that earlier in the year, Air Peace instituted legal action seeking to prevent the Commission from probing its pricing model after widespread complaints triggered an initial inquiry.
“The ongoing inquiry is without prejudice to the case instituted against the Commission by Air Peace,” the statement said.
Clarifying the Commission’s mandate, FCCPC Executive Vice Chairman/CEO, Tunji Bello, stressed that while the FCCPC is not a price control board, it is statutorily empowered to protect consumers against exploitation.
“For the avoidance of doubt, we are not a price control board, but the FCCPA 2018 empowers us to check the exploitation of consumers. When we receive petitions or see cogent evidence, we will not stand by and watch Nigerian consumers being exploited under any guise,” he stated.
Bello emphasised that the Commission will act where evidence suggests that consumer welfare or market competitiveness is threatened.
He referenced Section 17(b) of the FCCPA, which mandates the Commission to monitor economic activities to identify anti-competitive, anti-consumer protection, and restrictive practices capable of harming consumers. He also cited Section 17(e), empowering the Commission to conduct investigations deemed necessary.
“Although the Commission is not a price control body, fair pricing is a core objective of the FCCPA,” he added. “The Act provides a comprehensive framework that protects consumers from excessive, opaque, misleading, or collusive pricing practices while promoting competitive markets where prices are determined through fair market dynamics.”
According to the FCCPC, given the unusual spike in airfares, the Commission is deepening its review of pricing patterns, the basis for the increases reported by passengers, and any conduct that may undermine fair competition.
The Commission affirmed that where evidence of a breach is established, it will apply the appropriate enforcement actions.
The newly inaugurated chairman of the Nigeria Union of Journalists (NUJ), Oyo State Council, Comrade Akeem Abas, has announced that journalists in the state will begin a series of Artificial Intelligence (AI) training sessions by mid-January 2026.
The initiative is designed to equip media professionals with modern digital skills and enhance newsroom productivity.
Abas disclosed this on Thursday morning while featuring on a live programme on New Frontier Television, a cable station owned by the Nigerian Baptist Convention.
He said the council is committed to repositioning journalism practice in the state through exposure to emerging technologies.
In a statement by the Secretary of the Council, Dayo Adu, the NUJ chairman explained that the forthcoming training would cover AI tools for content creation, data analysis, fact-checking, multimedia enhancement, and audience engagement.
According to him, acquiring such skills has become necessary as journalism continues to evolve globally, as it would ensure relevance on the job while exposing them to explore alternative income
He added that the Oyo NUJ leadership has already perfected its discussions with technology experts that will facilitate the training series, noting that the programme would run in batches to ensure that every chapel in the council benefits.
Abas also reiterated his administration’s resolve to prioritise professional development, welfare, and inclusiveness among journalists in the state, adding that the union would continue to embrace innovative ideas that can elevate standards and strengthen credibility within the media space.
The chairman assured members that more capacity-building programmes would be introduced in the coming months, expressing optimism that the AI training would set the tone for a transformative year for journalists in Oyo State.
…secures 226 convictions, destroys 60.2 hectares of Cannabis Sativa farms
The National Drugs Law Enforcement Agency (NDLEA), Delta State Command, has revealed that the command confiscated illicit drugs worth over N3,000,000,000 (Three Billion Naira only) in the state.
The State Commander, NDLEA, Halilu Hamidu, made the revelation on Friday at the Command’s headquarters in Ogwashi-Uku during a press conference to highlight the end-of-year performance report and an overview of drug situation in the state.
Giving breakdown of the drug seizures — exhbits and weights, Commander Hamidu said 1,750 Kg of Cannabis Sativa; 310.6 grams of Cannabis Sativa seeds; 224.65 grams of Cocaine; 32.3 grams of Heroin 32.3 grams; 800.8 grams of Methamphetamine and 311.9 Kg of Tramadol were impounded.
Other seizures were Swinol/Rohypnol
9.04 Kg; Diazapam, 20.01 Kg; Exol
166 Kg; Molly, 2.1Kg; Hypnox
6.1 Kg and Cocodamol, 13 grams, amounting to total dry exhibits of 2,265 kg.
Also, Codeine 657.5 litres, Mixture of Cannabis Sativa and Gin, 50.3 litres, Pentazocine, 6.6 litres and Diazepam Injection 0.07 litres, resulting in total of 714.4 litres.
He further said that the Command had secured 226 convictions with 189 pending cases from January 2025 till 12th December, 2025 both at the Federal High Court Asaba and Warri respectively.
Hamidu said, “Through intensified field operations, the Command located and destroyed 10.2 hectares of Cannabis Sativa farm at Emu-Obiogo Community in Ndokwa West Local Government Area of Delta State. 50 hectares of Cannabis Sativa farm destroyed at Innam-Abbi in Ndokwa West LGA, Delta State on February 27, 2025 significantly disrupting cultivation and distribution channels.
The Commander further said that on the 6th of December, 2025, operatives acting on intelligence, proactively raided a warehouse at Oko Market, Asaba, where a large quantity of illicit substances was stored for distribution. According to him, the recovered items included Tramadol, Rohypnol, Hypnox, Diazepam, Exol-5, Codeine, and other dangerous drugs, all in significant quantities.
He averred that the total street value of these substances is estimated at ₦150,000,000.00 (B150m), saying this discovery is deeply alarming, especially at a time when families and communities are preparing for the festive season.
He said the circulation of such drugs poses a severe threat to the safety, health, and wellbeing of the youths, the markets, and the State at large, noting that if left unchecked, that single warehouse could have fueled addiction, crime, and tragedy across Delta State and beyond.
Hamidu assured the public that the Command is vigorously pursuing all leads to identify, track, and arrest those responsible for storing and trafficking these substances.
He said their actions during this Yuletide season reflect their unwavering commitment to keep Delta State safe, stable, and secure, no matter the challenges before them.
Commander Hamidu noted, “The Command, in partnership with the State Drug Control Committee (SDCC), has strengthened youth-focused drug education by establishing War Against Drug Abuse (WADA) clubs in secondary schools across Delta State.
“These clubs serve as safe learning spaces where students are empowered with practical knowledge, guidance, and support to resist drug use. They help young people build confidence, make better decisions, and understand the long-term consequences of substance abuse in simple, relatable terms.
“Our sensitisation efforts also reached the NYSC Orientation Camp, tertiary institutions, religious organisations, workplaces, and various community gatherings.
“In each engagement, we meet people where they are: families, youths, workers, and community leaders helping them understand the risks of drug abuse and how to protect those they care about. These outreach activities continue to strengthen community awareness, encourage collective responsibility, and build a more informed and resilient Delta State.
“Between January 2025 and the present date, the Command’s Drug Demand Reduction Unit provided counselling services to 704 individuals struggling with drug dependency (480 males and 224 females). Additionally, 14 clients were admitted for counselling and rehabilitation.”
Hamidu acknowledged the indispensable support received from the Delta State Government, the military, sister law enforcement agencies, traditional institutions, religious bodies, educational institutions, media partners, youth associations, NGOs and civil society organisations, saying their partnership remains fundamental to the progress they have made.
He stated, “The Command remains firmly committed to strengthening its operations throughout Delta State. Our focus is to work hand in hand with all relevant stakeholders to build an environment where drugs are harder to access, harder to distribute, and far less attractive to potential users.
“By reducing both the demand for drugs and the supply channels that feed abuse, we aim to protect our communities and support healthier, more productive lives for our people.
“This drive is fully aligned with the vision of the current administration and directly supports the successful implementation of the M.O.R.E Agenda. With continued cooperation from governmental bodies, security agencies, traditional institutions, and community groups, the State can move closer to achieving lasting safety and social stability.
“Furthermore, under the strong leadership and national direction of the Chairman/Chief Executive of the NDLEA, Brigadier General Mohammed Buba Marwa (rtd.), the fight against drug abuse and trafficking continues to gain momentum.
“His commitment and strategic guidance have strengthened our operations nationwide, and the Delta State Command stands ready to intensify the battle even further in line with his vision for a drug-free Nigeria.
A country’s road infrastructure is a good sign of its development, playing a crucial role in shaping economic productivity, safety standards, and the overall travel experience.
The quality of roads has far-reaching implications, influencing everything from the efficiency of transportation networks to the safety of citizens and visitors.
As such, investing in road infrastructure is essential for fostering economic growth, improving living standards, and enhancing the overall quality of life.
The top 10 countries with the best road infrastructure in the world have set a high standard for transportation networks.
Based on the latest globally referenced Road Quality Index data, these countries have built systems that support efficient transportation, reduce travel time, and enhance mobility for residents and visitors alike.
Here are the top countries with exceptional road infrastructure, setting a benchmark for others, based on global rankings.
1. Singapore: Singapore’s roads are a marvel of engineering and planning, with clean, well-marked, and well-maintained roads that make traffic flow easily.
2. Netherlands: The Dutch prioritise road quality, with top-tier engineering, drainage systems, and cycling infrastructure that makes the country a great place to explore.
3. Switzerland: Switzerland’s roads are precise, reliable, and built to last, with smooth highways year-round, even in snowy mountains.
4. Hong Kong: Hong Kong’s roads are efficient and organised, making the most of limited land, and surprisingly well-planned for a busy city.
5. Japan: Japan’s roads reflect the country’s love for order, with clean surfaces, sharp markings, and good lighting, making driving safe and intuitive.
6. Austria: Austria’s roads are well-kept and dependable, even in snowy and sloping areas, making driving a pleasure.
7. Portugal: Portugal’s modern and pleasant roads have been upgraded over the years, making it a joy to explore by car.
8. United Arab Emirates: The UAE’s roads are wide, smooth, and well-lit, built with long-term quality in mind, reflecting the country’s commitment to infrastructure.
9. South Korea: South Korea blends good infrastructure with technology, making driving smooth and intuitive, with clear signs and well-planned routes.
10. Oman: Oman’s desert roads are beautiful and well-maintained, making long drives feel relaxing and enjoyable, perfect for a road trip adventure.
