By Raymond Akorede NERC says Benin, Togo and Niger owe Nigeria over ₦25bn for electricity, while Ajaokuta Steel and its host community owe over ₦1.03bn. Nigeria’s power sector revenue challenges deepened in the third quarter of 2025 as unpaid obligations from both domestic and international customers persisted, according to the Nigerian Electricity Regulatory Commission (NERC)….
By Darasimi Kikelomo ILO employment services in Jordan’s Zaatari camp are helping Syrian refugees access training, secure jobs, and rebuild stable livelihoods through decent work. For thousands of Syrian refugees in Jordan’s Zaatari Refugee Camp, displacement brought years of uncertainty, hardship, and dependence on humanitarian aid. Today, for some, access to decent work is beginning…
By Darasimi Kikelomo The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently review Nigeria’s tax laws, fully constitute the PENCOM Board, and deepen engagement with organised labour, warning that exclusionary policymaking undermines democracy and worsens hardship for workers and the poor. NLC President Joe Ajaero made the call in Abuja on…
By Raymond Akorede First Bank of Nigeria Limited has outlined resilience, policy consistency, and private-sector leadership as central pillars for Nigeria’s economic progress in 2026, following deliberations at its 2026 Economic Outlook Forum held in Lagos. According to Premium Times, which reported the event on 7 January 2026, the forum brought together economists, bankers, policymakers,…
By Darasimi Kikelomo Nigeria’s recent slowdown in inflation has opened a narrow but critical economic window for policymakers, businesses, and households entering 2026, although economists caution that the gains remain fragile and highly dependent on sustained reforms. According to an analysis published by BusinessDay on 7 January 2026, Nigeria’s inflation trajectory has begun to moderate…
By Raymond Akorede Ecobank Nigeria Limited has completed the early repayment of bondholders who validly tendered their notes under its $300 million Eurobond programme, ahead of the bond’s February 2026 maturity. The bank disclosed this in a statement issued on Tuesday, confirming the successful conclusion of its liability management exercise designed to optimise its balance…
By Darasimi Kikelomo Real estate industry leaders in Nigeria say provisions within the newly enacted 2026 tax reform are expected to strengthen investment flows and stimulate demand for housing and commercial properties. News Agency of Nigeria Under the revised tax regime, pension contributions, health insurance premiums, and National Housing Fund contributions remain deductible, lowering taxable…
By Glory John The King’s Baton Relay for the 2026 Commonwealth Games has commenced its global tour, delivering a symbolic message of unity and competition to Commonwealth member nations ahead of the multi-sport event. Launched in Glasgow, Scotland, on 10 March 2025, the relay will traverse continents including the Caribbean, Africa, Asia, Oceania, and Europe…
By Glory John The International Labour Organization (ILO) on 6 January 2026 issued a media advisory announcing it will publish its “Employment and Social Trends 2026” report on 14 January 2026 at 08:00 Geneva/CET (07:00 GMT), with materials available to accredited media under strict embargo. International Labour Organization The ILO said the report will deliver…
By Darasimi Kikelomo The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently review workers’ wages, strengthen security across the country, and prioritise policies that directly improve citizens’ welfare in 2026. The labour centre warned that organised labour would oppose any policies or actions that further impoverish Nigerians, stressing that workers’ patience…
