Business Archives - Page 21 of 23

Daily Lives of Agege Market Traders Reflect Resilience Amid Challenges

January 19, 2026

Agege Market, a major commercial hub in Lagos State, remains central to the daily lives and economic survival of thousands of traders, who navigate challenges and opportunities from dawn till dusk. Located near Pen Cinema in the Agege Local Government Area, the market serves as both a workplace and community centre for families across the...

Electricity Sector Debt Climbs 62.5%, Jeopardising FG’s N1.2trn Bond Plan

January 19, 2026

The Federal Government’s strategy to strengthen liquidity in the power sector through the issuance of a N1.23 trillion Power Sector Bond faces heightened risk as electricity sector debt rose 62.5% to N6.5 trillion by the end of 2025, up from N4 trillion at the beginning of the year. Industry data shows that the surge in...

Omotosho Takes the Wheel as New CEO of MultiChoice Nigeria

January 18, 2026

MultiChoice Nigeria has appointed Kemi Omotosho as its new Chief Executive Officer (CEO), marking a major leadership change at one of Nigeria’s most visible media businesses, the company said in a statement on Tuesday, January 13, 2026. The move comes as John Ugbe, the outgoing CEO, retires after nearly 15 years at the helm. Omotosho’s...

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...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

July 28, 2026

Former Edo State Governor and Senator Adams Oshiomhole has criticised the 2027 presidential ambition of Nigeria Democratic Congress (NDC) candidate Peter Obi, describing his promise to transform Nigeria within a single four-year term as unrealistic and driven by desperation. Speaking on Obi’s campaign promises, Oshiomhole questioned the former Anambra governor’s political consistency, arguing that his...

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

July 26, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal proceedings against the Nigerian National Petroleum Company Limited (NNPCL) over what it describes as the company’s failure to properly explain ₦211 trillion recorded in its 2023 audited financial statements. The lawsuit, filed before the Federal High Court in Abuja, challenges financial entries listed as “Sundry...

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

July 26, 2026

Security forces have intensified efforts to rescue the Zamfara LG chairman, Hon. Nura Umar Abdullahi, after suspected terrorists abducted him during an overnight attack on his residence in Bungudu Local Government Area of Zamfara State. The Joint Task Force (North West), operating under Operation Fansan Yamma, confirmed in a statement issued on Saturday that the...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

Kwankwaso Breaks Silence on Peter Obi’s One-Term Promise Ahead of 2027

Latest News

Daily Lives of Agege Market Traders Reflect Resilience Amid Challenges

Electricity Sector Debt Climbs 62.5%, Jeopardising FG’s N1.2trn Bond Plan

Omotosho Takes the Wheel as New CEO of MultiChoice Nigeria

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

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

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