Nigerian Newspapers: Top 10 Business Stories Today

Top 10 Stories From Nigerian Newspapers Today, January 18, 2023

1 year ago
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Here we present to you the top 10 stories from across Nigerian newspapers today, Wednesday, 18th January 2023, on business and economy, politics and entertainment.

1. Naira Redesign: Governors To Hold Talks With CBN Boss

Following the dust raised by the policies recently introduced by the Central Bank of Nigeria (CBN), such as Naira redesign and cash withdrawal, Nigeria Governors’ Forum (NGF) and CBN Governor, Godwin Emefiele, are to hold a virtual discussion on the way forward.

According to a statement by the NGF’s spokesman, Abdulrazaque Bello-Barkindo, the virtual engagement is scheduled for Thursday, 19th January 2023.

2. We Need Quality Education To Address Religious Intolerance In Nigeria – Buhari

President Muhammadu Buhari has emphasised the need for access to quality education to enable the citizens to gain a proper understanding of the world around them and be able to address issues of religious Intolerance which often breeds crisis. Read more.

3. G-5 Governors: We’re Concluding Talks on Presidential Candidate To Support – Wike

Rivers State Governor, Nyesom Wike has said he and his political allies will soon conclude talks on their preferred presidential candidate for the February 25 election.

4. Nothing Can Stop 2023 Elections -INEC

Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has once again declared that the Commission is ready to conduct the 2023 general elections.

Prof. Yakubu stated this on Tuesday during his appearance at the Royal Institute of International Affairs (Chatham House) in London where he spoke on ‘Nigeria’s 2023 Elections: Preparations and Priorities for Electoral Integrity and Inclusion.’ Read more.

5. Nigeria Govt To End Oild Bloc Licensing In April 

The Nigerian government has said the ongoing licensing for seven deep offshore open oil blocs, which commenced on 3rd January, would end in April 2023.

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) chief executive officer, Mr Gbenga Komolafe, confirmed the timeline at a pre-bid conference in Lagos.

6. Nigeria Has Strong External Reserves To Withstand Global Recession – FG

Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated that Nigeria has enough foreign exchange reserves to withstand a global recession in 2023.

The Minister stated this on Tuesday during an interview with Arise News Channel on the sidelines of the World Economic Forum (WEF) in Davos.

7. Debt: DMO Set to Raise N1.2trn Via Bonds In Q1’23

Nigeria’s Office (DMO) has said it will propose to raise N1.2 trillion through FGN bonds in the first quarter of the year 2023.

This was disclosed in the DMO’s FGN Bonds issuance calendar for Q1 2023.

8. Atiku, Tinubu, and Obi Clash Over the 2023 Presidency 

Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar; All Progressives Congress (APC), Asiwaju Bola Tinubu; and that of Labour Party (LP), Mr Peter Obi, on Tuesday engaged in verbal clashes over the same-faith ticket for the 2023 poll.

The candidates spoke at their separate campaign outings.

While Atiku and Obi’s campaigns opposed the Muslim-Muslim ticket of the APC, describing it as divisive and a disaster, the APC countered that the track records of its candidates and the solution-driven and all-inclusive progressive programmes they have for Nigerians would prevail.

The APC criticised how Atiku emerged as the presidential candidate of the PDP saying that it was contrary to the North-South power-sharing arrangement and that he is not a unifier but a divider.

Atiku on his part while speaking in Jos at the 2023 extraordinary General Church Council (GCC) of the Evangelical Church Winning All (ECWA), assured Christians of protection of their rights under his presidency. Read more.

9. We’re Borrowing To Fund Fuel Subsidy – Nigerian Govt

The Federal Government has said it sometimes borrows funds to import petrol as the country continues to incur rising fuel subsidy bills.

10. Nigeria Govt Gives CONUA, NAMDA, Full Powers To Operate As Trade Unions

Nigeria’s Federal Ministry of Labour and Employment has empowered the Congress of University Academics (CONUA) and the National Association of Medical Doctors in Academics (NAMDA) to fully operate as trade unions in the education sector.

The Minister of Labour and Employment, Senator Chris Ngige issued the labour Unions copies of their certificate of registration on Tuesday in Abuja

Ngige noted that the registration of the two unions followed due process and urged security and other relevant agencies to accord them their rights and privileges.

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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