Parallel Congress

Explore the “Parallel Congress” where we imagine what politics would look like if it were driven by citizens!

[Parallel Congress @ParallelCo_]

Ecobank and Veef have launched InnovateX 2026, inviting Nigerian youth aged 16–25 to compete for ₦20 million in prizes, mentorship and business support for innovative projects across technology, science, fintech and the creative economy. #Nigeria

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Delta Air Lines has launched a limited-time loyalty offer with American Express, allowing eligible new Delta SkyMiles Reserve cardholders to earn two round-trip Comfort+ certificates and 50,000 bonus SkyMiles after spending $10,000 in their first six months. #USA

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Nigeria’s Education Minister Tunji Alausa says deploying off-grid solar power in educational institutions can improve learning conditions, strengthen academic stability and support research by reducing reliance on the unreliable national grid. #NigeriaJobs

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Schools, churches and transport unions across the country are strengthening security measures, including surveillance cameras, improved fencing, escape routes and increased vigilance, to help protect communities and prevent attacks. #Nigeria

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Nigeria’s Securities and Exchange Commission has approved Dangote Petroleum Refinery and Petrochemicals FZE to commence its IPO, with the proposed offer of 4.1 billion shares at ₦525 each potentially raising about ₦2.15 trillion. #Nigeria

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Nigeria’s Lagos State Government plans to rebuild two major junctions around the Ikoyi axis, in Parkview and Banana Island, with the projects expected to be completed within six months to ease traffic congestion and improve movement. #Nigeria

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Nigeria’s domestic LPG supply rose to 5,332 tonnes per day in July 2026 from 5,100 in June, with NLNG/SEPNU the largest supplier at 2,031 tonnes daily, followed by other processing plants and Dangote Refinery. #Nigeria

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Nigeria’s Federal Workers Forum has urged President Bola Tinubu and the National Assembly to immediately review federal civil servants’ salaries and raise the minimum wage from ₦70,000 to ₦300,000. #Nigeria

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Nigeria’s Energy Minister Joseph Tigbe has called for electricity grids to receive the same strategic attention as fuel supplies in global energy security planning, citing growing geopolitical risks. #Nigeria

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Nigeria’s port congestion and procedural inefficiencies are adding up to 30% to the final cost of imported goods, threatening the country’s ambition to become a regional maritime hub. #Nigeria

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Nigeria’s real GDP grew by 4.43% in Q2 2026, up from 4.23% a year earlier, as services remained the largest contributor to economic output. However, economists warned that energy shortages, weak infrastructure and limited credit continue to weigh on industry.

#Nigeria

[Parallel Congress @ParallelCo_]

Nigeria’s Chartered Institute of Bankers will hold its 19th annual Banking and Finance Conference in Abuja on September 8–9, 2026, seeking actionable policy frameworks to strengthen the financial sector amid ongoing macroeconomic challenges.

#Nigeria

[Parallel Congress @ParallelCo_]

Nigeria’s SMEDAN and global tech firm Zoho have partnered to accelerate digital adoption among MSMEs, with Zoho providing up to ₦20 billion in wallet credits for 25,000 eligible businesses to access its cloud applications.

#Nigeria

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Nigeria’s foreign exchange usage surged 74% year-on-year to $16.2 billion in Q1 2026, driven mainly by invisible transactions, which doubled to $11.4 billion.

#Nigeria

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Nigeria’s Manufacturers Association urged Lagos State to adopt a unified tax law aligned with new tax reforms, saying a single system for tax assessment and payment would reduce compliance costs and eliminate duplication.

#Nigeria

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MultiChoice Talent Factory has launched 13 advanced regional training programmes for Nigeria’s film and TV professionals, marking eight years of investment in the country’s creative industry.

#Nigeria

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Nigeria’s Education Minister Tunji Alausa praised Rural Electrification Agency CEO Abba Aliyu for his “transformational leadership,” citing the agency’s achievements and proactive approach over the past two years.

#Nigeria

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Moody’s changed Nigeria’s credit outlook from stable to positive while affirming its long-term foreign- and local-currency ratings at B3, citing stronger economic growth, improved external finances, rising reserves and better FX market performance.

#Nigeria

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Nigeria’s NDPHC has recovered abandoned power equipment worth billions of naira from seaports nationwide, preventing major financial losses and preserving critical assets for future power infrastructure projects.

#Nigeria

[Parallel Congress @ParallelCo_]

Nigeria’s local refineries, led by Dangote Refinery, supplied nearly three-quarters of the country’s petrol in the first seven months of 2026, delivering about 7.41 billion litres—up sharply from 4.27 billion litres in the same period of 2025.

#Nigeria