Nigerian Newspapers: Top 10 Business Stories Today

Top 10 stories From Nigerian Newspapers Today, January 16, 2023

1 year ago
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Here are the top 10 stories from Nigerian daily newspapers for today, January 16, 2023, on Politics, business, entertainment, and economy.

1. Armed Forces Remembrance Day: We‘ll Continue Defending Democracy – Irabor

As Nigeria prepares for another general election which is 39 days from now, the Armed Forces have pledged to continue defending the nation’s democracy.

Chief of Defense Staff, General Lucky Irabor, on Sunday during the Armed Forces Remembrance Day celebration debunked rumours of a possibility of the military taking over power, saying that the institution would continue to defend democracy in the country. Read more.

2. Bandit Burn Catholic Priest to Death

Criminals locally known as ‘Bandits’ on Sunday, 15th January 2023, burnt alive Rev. Fr, Isaac Achi, of Saint Peter and Paul Catholic Church, in Kafin Koro Community, Niger State. Read more.

3. 53 Years After Civil War: Let’s Join Forces To Rebuild Nigeria – Obi

Presidential candidate of the Labour Party, Mr Peter Obi, has urged Nigerians to put behind, events of the Biafra civil war and join hands to tackle the challenges of poverty and insecurity, and ultimately rebuild the nation.

Obi stated this in his remarks on the occasion of the Armed Forces Remembrance Day celebration held Sunday, 15th January 2023. Read more.  

4. Edo Train Attack: Security Operatives Rescue 12 Victims, 2 Still Held

Security operatives in a crack operation have rescued 12 persons that were among those abducted during an attack at a train station in Igueben, Edo State recently.

Edo State Governor, Mr Godwin Obaseki visited the 12 victims on Sunday where he consoled them over the incident and hailed the security operatives for their gallant and heroic acts that to the successful rescue operation. He equally called for an investigation of allegations of negligence on the part of Nigeria Railway Corporation staff.  Read more.

5. Organised Private sector Decry Persistent rising costs

Perturbed by the rising costs of things in Nigeria, the Organised Private Sector (OPS), has listed about fourteen areas of concerns that the outgoing administration is leaving behind which would plague businesses this year.

Some of these issues include inflationary pressures, rising public debt, soaring energy costs, multiple taxes, foreign exchange scarcity, exchange rate volatility, supply chain disruptions, funding gaps, poor infrastructure, and seaports challenges.

6. Nepal Declares National Mourning As 68 Die in  Plane Crash

The government of Nepal has declared a national day of mourning for the victims of the plane crash that occurred in the Asian nation on Sunday.

Sixty-eight passengers onboard were confirmed dead in the unfortunate incident which is considered the country’s worst air disaster in three decades. Read more.

7. COVID-19: NCDC Records 42 New Cases 

Following the resurgence of COVID-19 resurgence in China, the Nigerian Centre for Disease Control (NCDC) has recorded 42 new cases in two weeks, with Lagos State recording 27 cases. Read more.

8. Ukraine War: Nigeria Emerges Highest Exporter of Fertiliser

As the war between Russia and Ukraine continues to rage for almost one year now, Nigeria has emerged as the highest exporter of urea/fertilisers in 2022, netting over $4.820 billion from about 214 non-oil products it exported last year.

9. Despite CBN Directive, Bank ATMs Not Dispensing Enough New Naira Notes

Despite the directive from the Central Bank of Nigeria (CBN) mandating commercial banks to start loading new naira notes in their automated teller machines (ATMs), checks revealed that the banks are still dispensing old notes in most ATMs.

There are indications that the banks do not have an adequate quantity of the new Naira notes to circulate. Read more

10. Google Launches Portal for 2023 Elections

Global Internet search engine giant, Google, has launched a portal, called the ‘Nigeria Elections Trends Hub,’ to serve as a platform for Nigerians to search and discover trending information related to the upcoming general elections in the country.

This adds to other tech innovations deployed so far by different groups to enable the electorate to actively engage in the electoral process.

Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.


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