Saturday, September 26, 2026English edition
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Country risk, from the local press

Nigeria · Country watch

Scrap Dealers Strike, Kwara Solar Grid, Naira Stable

Scrap dealers announce a strike over industry issues; a new solar grid boosts Kwara's economy; the Naira remains stable in forex markets.

· · 9 sources

The picture Stable

Business conditions in Nigeria remain stable with the Naira's stability and new energy projects in Kwara. However, the upcoming scrap dealers' strike may disrupt manufacturing supply chains.

In this briefing Federal Government of Nigeria · National Association of Scrap and Waste Dealers Employers of Nigeria · Naira

Regulation

  • energy
  • public-sector

FG commissions 581kWp solar mini-grid in Kwara

The Federal Government has inaugurated a 581kWp solar mini-grid in Oke-Oyi, Kwara State, aiming to provide electricity to 13,000 residents and stimulate local businesses, Punch reports. The initiative is part of a broader effort to expand energy access in off-grid communities, thereby enhancing economic activities in these areas. The project is expected to improve the quality of life for residents and support small and medium-sized enterprises by providing reliable power.

Impact Small businesses and residents in Oke-Oyi, Kwara, gain reliable power, boosting local commerce.

Sources: Punch ↗, Business Day ↗

Disruption

  • manufacturing
  • logistics

Scrap dealers to strike from October 1 over trade issues

The National Association of Scrap and Waste Dealers Employers of Nigeria (NASWDEN) has announced a nationwide strike starting October 1 due to irregularities in the scrap metal trade, according to Daily Trust. The strike may last until October 15 or continue indefinitely if no resolution is reached with steel producers. Scrap metals are crucial for the manufacturing sector, and the strike could disrupt supply chains and production schedules across the country.

Impact Manufacturers relying on scrap metal face supply disruptions starting October 1.

Sources: Daily Trust ↗, Vanguard Nigeria ↗

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

Naira remains stable in forex markets on September 25

The Nigerian Naira maintained relative stability against the US Dollar across both official and informal foreign exchange windows on September 25, 2026, Vanguard Nigeria reports. The stability is attributed to balanced supply and demand dynamics, which have continued to anchor market performance. This development is crucial for importers and exporters who rely on predictable exchange rates for planning and budgeting.

Impact Importers and exporters benefit from stable exchange rates, aiding financial planning.

Sources: Vanguard Nigeria ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Nigeria

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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