Business Archives - Page 18 of 20

Why Nigeria’s Workforce Crisis Isn’t Just About Skills — It’s About Broken Systems

January 18, 2026

Nigeria’s current workforce crisis is rooted not only in the skills gap but also in deeper systemic challenges within labour markets, education and industry structures, analysts and commentators say. The discussion has gained traction across policy and business circles amid concerns about unemployment, underemployment and economic competitiveness. A growing body of evidence shows that while...

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Holiday

January 17, 2026

President Bola Ahmed Tinubu has returned to Abuja after attending the 2026 Abu Dhabi Sustainability Week in the United Arab Emirates (UAE) and spending part of his annual leave in Paris, France, presidential aides said on Saturday, January 17, 2026. Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, confirmed the President’s return in a...

Nigeria’s ₦152trn Debt Rises Due to Forex Rate Changes and Reforms — Finance Minister

January 16, 2026

Nigeria’s total public debt stock rose to ₦152 trillion as at September 30, 2025, largely because of foreign exchange rate adjustments and accounting treatment of reforms, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said. Edun spoke on Monday, January 19, 2026, while explaining the latest debt figures to...

FG to Focus on Jobs, Food and Welfare Over GDP in 2026 — Edun

January 16, 2026

The Federal Government is set to change how it measures success in 2026, putting more emphasis on improving the lives of Nigerians and less on high‑level economic numbers such as gross domestic product (GDP), the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, said on Friday, January 16, 2026. Edun made...

January 16, 2026

The Nigerian Exchange Limited (NGX) has confirmed the listing of 3,156,869,665 additional ordinary shares of United Bank for Africa (UBA) Plc on its Daily Official List, a move that increases the bank’s capital base and deepens trading liquidity on Nigeria’s capital market, the bourse said on Thursday, January 15, 2026. The listing was formalised following...

NASENI Mobilises Civil Servants for Nigeria’s Industrial Future

January 15, 2026

The National Agency for Science and Engineering Infrastructure (NASENI) has begun an outreach roadshow to mobilise civil servants to join an Inter‑Agency Innovation Competition, officials said on Monday, January 12, 2026. The programme is part of efforts to tap into ideas within government that could help Nigeria’s long‑term industrial and technological development. The roadshow began...

FCTA to Seal and Revoke Defaulting Properties in Abuja Next Week

January 15, 2026

The Federal Capital Territory Administration (FCTA) has announced that it will start sealing off and revoking the titles of properties owned by people who have not paid key land fees in Abuja from next week, the administration said on Thursday, January 15, 2026. The action aims to make property owners pay ground rent, Certificate of...

FG Orders Banks and Fintechs to Remit 7.5% VAT on Electronic Service Fees

January 15, 2026

The Federal Government has directed all commercial banks, microfinance banks and financial technology companies (fintechs) to begin collecting and remitting a 7.5 per cent Value Added Tax (VAT) on certain electronic banking service fees, officials said on Thursday, January 15, 2026. Under the new rule, the 7.5% VAT will apply only to the service fees...

Dollar to Naira Exchange Rate Today, January 15, 2026

January 15, 2026

The Nigerian Naira began Thursday, January 15, 2026, with slight movements against the United States Dollar, trading at roughly ₦1,422.25 to ₦1,423.42 per dollar in the official Nigerian Foreign Exchange Market (NFEM), market data show. In the informal or “black market”, the dollar remained more expensive, with Bureau De Change operators reporting buying rates around...

Tariff-Free Trade: Nigeria, UAE Unlock Markets for 13,000+ Products

January 14, 2026

Nigeria and the United Arab Emirates (UAE) have signed a landmark Comprehensive Economic Partnership Agreement (CEPA) that will eliminate tariffs on more than 13,000 goods traded between the two countries, the Federal Ministry of Industry, Trade and Investment announced on Tuesday, January 13, 2026. Under the agreement, Nigeria will remove tariffs on 6,243 products imported...

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ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

June 3, 2026

An ISWAP commander killed during ongoing military operations in Nigeria’s North-East was among at least 50 terrorists neutralised by troops of Operation Hadin Kai, according to military authorities. The operation, which targeted Islamic State West Africa Province (ISWAP) fighters and other insurgents, was carried out as part of intensified efforts to dismantle terrorist networks operating...

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

June 2, 2026

Teachers in Enugu State on Tuesday joined a nationwide solidarity rally organised by the Nigeria Union of Teachers (NUT), marching to the Government House in Enugu to demand the immediate release of abducted Oyo pupils and their teachers. The demonstration followed a directive from the national leadership of the union after the abduction of dozens...

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

June 2, 2026

The Oyo lawmakers defection trend gained momentum on Tuesday as six members of the House of Representatives from Oyo State formally left the Peoples Democratic Party (PDP) for the Allied Peoples Movement (APM). The lawmakers announced their departure during plenary at the House of Representatives, citing the prolonged internal crisis and leadership disputes within the...

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ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

Enugu Teachers Besiege Government House, Demand Release of Abducted Oyo Pupils

Oyo Lawmakers Defection Deepens as Six Reps Dump PDP for APM

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Latest News

Why Nigeria’s Workforce Crisis Isn’t Just About Skills — It’s About Broken Systems

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Holiday

Nigeria’s ₦152trn Debt Rises Due to Forex Rate Changes and Reforms — Finance Minister

FG to Focus on Jobs, Food and Welfare Over GDP in 2026 — Edun

NASENI Mobilises Civil Servants for Nigeria’s Industrial Future

FCTA to Seal and Revoke Defaulting Properties in Abuja Next Week

FG Orders Banks and Fintechs to Remit 7.5% VAT on Electronic Service Fees

Dollar to Naira Exchange Rate Today, January 15, 2026

Tariff-Free Trade: Nigeria, UAE Unlock Markets for 13,000+ Products

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ISWAP Commander Killed as Troops Eliminate 50 Terrorists in North-East

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