Tuesday, 22 September 2026
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Nigerian newspapers review: 22 firms on NGX face debt exposure of N21.3trn

Nigerian newspapers review: 22 firms on NGX face debt exposure of N21.3trn

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with about 22 companies listed on the Nigerian Exchange Limited (NGX) carrying varying levels of debt, totalling N21.3 trillion in the second quarter of 2026, as they seek to finance their operations and generate profits.
Another headline features the Nigeria Labour Congress (NLC) and civil servants, under the Joint National Public Service Negotiating Council (JNPSNC) Trade Union Side, demanding a new minimum wage of N500,000 and reduction of petrol price to N500 per litre to address the worsening economic hardship facing workers and their dependents.
Vanguard also reports that the Minister of the Fed...

Source: Vanguard News

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