Business – Page 9 – Green Horizon News

IMF Upgrades Nigeria’s 2026 Growth Outlook to 4.4 Percent

January 19, 2026

The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2026 upward to 4.4 percent, signalling strengthened prospects for the country’s economy. The revision was disclosed in the IMF’s January 2026 World Economic Outlook (WEO) Update, titled Global Economy: Steady amid Divergent Forces. According to the IMF, Nigeria’s economy is expected to maintain...

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...

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

February 26, 2026

The Nigeria Customs Service has clarified that its Unified Customs Management System, known as B’Odogwu, does not in any way generate, substitute for, or alter foreign exchange rates used in cargo clearance valuation. The statement was made by the National Public Relations Officer of the Nigeria Customs Service, Abdullahi Maiwada, in a press release on...

Nigeria Revamps Air Cargo to Boost Non‑Oil Exports

February 26, 2026

Efforts to strengthen Nigeria’s non‑oil export capacity are taking shape through reforms in the air cargo sector that focus on infrastructure, logistics efficiency and revenue processes, industry sources say. Nigeria’s non‑oil export sector has long faced logistical challenges that limit the competitiveness of agricultural and other export goods. The Federal Airports Authority of Nigeria has...

Gov Aiyedatiwa vs Ondo NASS Members: Tension Over 2027 Return Tickets Intensifies

February 26, 2026

The reported cold war between Ondo State Governor Lucky Aiyedatiwa and the state’s National Assembly members over return tickets ahead of the 2027 general elections deepened, a party source said. The development was disclosed in Akure amid ongoing political activities in Ondo State. The disagreement centres on the prospects of sitting federal lawmakers from the...

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

Nigeria Revamps Air Cargo to Boost Non‑Oil Exports

Gov Aiyedatiwa vs Ondo NASS Members: Tension Over 2027 Return Tickets Intensifies

Makinde, Kwankwaso Hold Closed-Door Meeting in Ibadan

Latest News

IMF Upgrades Nigeria’s 2026 Growth Outlook to 4.4 Percent

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

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Nigeria Customs Denies Reports of Exchange Rate Manipulation on B’Odogwu

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