Letshego raises EduLoan ceiling to ?50m, accelerates digital banking push

Letshego Microfinance Bank Nigeria has raised the maximum amount available under its EduLoan facility to ?50 million, positioning the product as a larger financing option for school owners preparing for the September academic term.

The move comes as education operators face rising costs across staffing, infrastructure, learning materials and day-to-day operations. For school owners, access to financing is often less about securing a single large investment than managing cash flow around predictable but uneven spending cycles. Letshego says the enhanced facility responds to this need by offering repayment tenures aligned with school operators’ cash-flow patterns, alongside competitive interest rates.

‘Empowering education is empowering the future of Nigeria,’ said Beth Nyaga, interim chief executive officer, Letshego Microfinance Bank Nigeria.

The expanded facility also reflects the bank’s attempt to deepen its role among entrepreneurs operating in the education sector. More than 9,000 customers currently use Letshego’s financial solutions, while the bank says further tailored lending products are in development.

An immediate question is whether a larger credit facility will translate into broader access to finance for viable education businesses. Its significance will ultimately be measured not by the size of the loan ceiling, but by how effectively school owners use the funding to strengthen their operations and manage the financial pressures associated with running schools.

From larger loans to a broader banking proposition

The EduLoan expansion is part of a wider product development programme. Letshego is preparing additional tailored loan products and working towards the rollout of a new debit card, giving customers more options beyond credit.

At the same time, the bank has upgraded its LetsGo mobile banking application, with improvements focused on security, accessibility and transaction speed. The application now supports biometric login and is available on the iOS App Store, expanding access for customers using Apple devices.

Customers also retain access to Letshego’s other digital channels, including LetsGo USSD, NQR Scan-to-Pay and Pay-with-Transfer.

The significance of the digital upgrade lies in the shift from simply offering financial products to improving how customers access and use them. For a microfinance bank serving entrepreneurs and individuals, convenience, reliability and security are increasingly part of the product itself.

Nyaga said the upgrades were informed by findings from the bank’s mid-year 2026 customer survey, which identified areas where customers wanted improvements in their banking experience.

Letshego’s next test is execution. The bank will need to convert the higher EduLoan capacity into meaningful lending to education operators while ensuring repayment structures remain sustainable for borrowers. It will also need to turn increased digital functionality into higher adoption, more frequent engagement and stronger customer retention.

The combination of larger productive lending, new financial products and a more accessible digital platform points to a broader strategy: deepen relationships with existing customers while expanding Letshego’s reach among entrepreneurs who need financing and banking services built around the realities of their businesses.

Over 5,000 fibre cuts threaten Nigeria’s digital economy in six months

More than 5,000 fibre-optic cables were damaged across Nigeria in the first six months of 2026, with road construction, excavation and other civil works posing a growing risk to the country’s digital services and economic activity.

Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), disclosed this on Tuesday in Abuja at a stakeholder workshop on protecting fibre-optic cables during road construction, rehabilitation and other civil works.

Maida said the scale of the damage showed the cost of poor coordination among telecommunications operators, construction companies and government agencies before excavation and other infrastructure work begins.

‘A damaged fibre cable is therefore not simply a cost to an operator; it is a cost to Nigerians and to the wider economy,’ Maida said.

Fibre infrastructure supports many parts of the Nigerian economy, including banking, government services, education, healthcare, commerce, security and emergency communications.

Maida said many fibre cuts happened because contractors started excavation without knowing where underground telecommunications cables were located.

He said the problem was not mainly about blaming contractors or telecom operators but about the lack of a system for coordinating projects that use the same space.

‘When road construction and telecommunications infrastructure share the same physical space, coordination cannot be optional,’ he said.

A single fibre cut can affect more than the telecommunications company whose cable is damaged. It can disrupt businesses and consumers that depend on internet and phone services.

Failed calls, loss of internet access, disrupted digital payments, interrupted public services and lost business can all add to the economic cost.

Maida referred to the telecommunications disruption in February 2024 as an example of how fibre damage can become a national problem.

Fibre cuts during the incident caused an almost network-wide outage for one operator, leaving millions unable to make calls, send messages or access the internet for several hours.

The disruption also pushed subscribers to other networks, putting additional pressure on their infrastructure. This showed how a problem on one network can affect the wider telecommunications system.

To reduce fibre damage, the permanent secretaries of the Federal Ministry of Works and the Federal Ministry of Communications, Innovation and Digital Economy have set up a Standing Committee on the Protection of Fibre Optic Cables.

The committee is expected to develop ways for government agencies, contractors and telecommunications companies to coordinate before, during and after road construction and other civil works.

The Office of the National Security Adviser has also joined the committee to provide oversight of telecommunications infrastructure.

Maida said the workshop was part of the committee’s work and was designed to help construction companies, engineers, contractors and site supervisors understand the risks of working around fibre cables.

Telecommunications infrastructure has been classified as Critical National Information Infrastructure because of its importance to the economy and national security.

Maida said the classification was not intended to stop legitimate construction work but to ensure proper planning and responsibility.

He urged telecommunications operators to keep accurate records of their fibre routes and share the information with relevant stakeholders. He also asked contractors to check for underground infrastructure before starting excavation.

Government agencies, he said, should ensure that information about existing infrastructure is shared on time and that coordination is included in the planning of public projects.

Nadungu Gagare, Permanent Secretary of the Federal Ministry of Communications, Innovation and Digital Economy, represented at the workshop by Stanley Musa, director of telecoms and postal services, said fibre cuts were affecting investments in broadband infrastructure.

Gagare said the damage disrupts services, increases operating costs and affects people and businesses that depend on reliable connectivity.

He said the Ministry was working with relevant institutions to improve compliance with right-of-way rules, increase information sharing and coordinate infrastructure projects.

Gagare also said the Ministry had submitted a memorandum to the National Economic Council on harmonising right-of-way charges and how the policy would be implemented.

The Council approved the memorandum and directed the ministry to develop standards and guidelines for the harmonised right-of-way policy, including the ‘dig once’ initiative.

The initiative is intended to ensure that infrastructure projects are coordinated so that roads and other public infrastructure do not have to be repeatedly dug up for separate projects.

A multi-stakeholder committee has also been set up to develop national standards, identify routes and propose a system for managing shared infrastructure.

Rafiu Olarinre Adeladan, Permanent Secretary of the Federal Ministry of Works, said the growing overlap between road construction and telecommunications infrastructure made early coordination necessary.

Excavation, drainage works, road reconstruction, utility relocation and other activities can damage underground fibre cables when contractors do not have enough information about existing infrastructure.

Adeladan called for better mapping and marking of fibre routes and early communication among contractors, consultants, government agencies and telecommunications operators.

He said the Ministry of Works would continue to work with the NCC, Office of the National Security Adviser and other stakeholders to ensure that road construction does not damage the infrastructure that supports the digital economy.

‘Our objective should be clear: to build roads without breaking our connectivity,’ Adeladan said.

For the Office of the National Security Adviser, the issue goes beyond telecommunications and business.

Effiom Ewa, Director of Critical National Assets and Infrastructure Protection at the ONSA, said damage to fibre infrastructure could affect government services, economic activity and the daily lives of millions of Nigerians.

He said protecting the infrastructure was a shared responsibility involving government agencies, private organisations, contractors and telecommunications operators.

Ewa warned that because fibre-optic infrastructure has been classified as Critical National Information Infrastructure, negligence or interference that causes damage could be an offence under Nigerian law.

He urged stakeholders to follow the required procedures when carrying out construction, maintenance and other activities around telecommunications infrastructure.

For the NCC, the goal is to make infrastructure coordination a normal part of project planning rather than something addressed after damage occurs.

Maida said every fibre cut prevented could keep a business transaction going, maintain access to public services and support communication, security and emergency response.

‘Every fibre cut we prevent is more than an engineering success,’ he said. ‘It is a call that connects, a payment that goes through, a lesson that continues, a public service that remains available.’

SEC fixes 5pm T+1 settlement deadline for equities, commodities

The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first business day after a transaction (T+1) as the settlement deadline for equities and commodities traded and settled through the Central Securities Clearing System (CSCS).

The Commission made this clarification in a circular issued on Wednesday to capital market operators and other market participants as part of the implementation of the T+1 settlement cycle in the Nigerian capital market.

According to the SEC, all transactions in the affected securities must be fully paid by 5:00 p.m. T+1 to ensure compliance with the standard Delivery versus Payment (DvP) settlement procedure.

It warned that where a broker/dealer’s trading account is not adequately funded to meet its settlement obligation within the prescribed period, the default would be managed in line with the CSCS Default Management Procedure and the applicable transaction settlement guidelines of the relevant exchange.

The Commission also clarified that foreign portfolio investors are not required to prefund their accounts for trades in the Nigerian capital market.

However, it said capital market operators facilitating transactions on behalf of foreign portfolio investors must establish and maintain appropriate controls and processes to ensure timely funding and completion of settlements within the prescribed timeframe.

The clarification follows earlier SEC circulars on the implementation of the T+2 settlement cycle for equities transactions, issued on June 3, 2025, and the transition to the T+1 settlement cycle, issued on May 15, 2026.

The T+1 cycle means that eligible securities transactions are settled one business day after the trade date, reducing the period between execution and final settlement.

The SEC said the transition represents a significant milestone in its efforts to build a more efficient, resilient and internationally aligned trading and post-trade environment.

It added that the shorter settlement cycle would improve settlement efficiency, reduce counterparty risk, enhance liquidity and strengthen the competitiveness of the Nigerian capital market.

According to the Commission, the reforms would ultimately improve the attractiveness of the Nigerian market to both domestic and international investors.

Nigeria rewrites deepwater rules in race to lure fresh $50bn oil capital

Nigeria is tearing up two decades of ad hoc dealmaking in its offshore oil patch, betting that a single, rules-based framework will do what years of one-off negotiations could not and pull as much as $50 billion into deepwater fields that have sat untouched since the price crash of the 2010s.

President Bola Tinubu approved the new regime on August 11, replacing the project-by-project haggling that has defined Nigeria’s relationship with international oil companies since the country’s last major deepwater sanction.

The mechanism, formalised as the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, sets fixed eligibility criteria and implementation timelines that apply across the sector rather than being negotiated field by field.

The shift matters because Nigeria has spent the better part of ten years losing capital to rivals. Angola, Namibia and Mozambique have all courted the same pool of supermajors chasing pre-salt and ultra-deepwater prospects, while Nigeria’s output slid from a peak above 2 million barrels a day to closer to 1.6 million.

Executives at Shell, ExxonMobil and TotalEnergies have long complained that Nigeria’s fiscal terms shifted too often to justify multibillion-dollar, multi-decade commitments.

The first project expected to move under the new order is Bonga South West, the roughly $10 billion deepwater development Shell has weighed sanctioning for nearly 20 years. Shell’s own public estimates for the full Bonga Southwest-Aparo complex have run as high as $20 billion, a gap that underscores how fluid the numbers remain this early in the process.

Wael Sawan, chief executive officer at Shell, raised the project directly with Tinubu earlier this year, an exchange the presidency said became the catalyst for building a framework that could apply well beyond one field.

‘The countries that attract long-term investment are not necessarily those with the greatest natural resources,’ Tinubu said in a statement released by his office. ‘They are the ones that provide the greatest certainty.’

Tinubu said this reform reflects his determination to build an investment environment defined by clear rules, strong institutions and enduring partnerships.

‘We are creating the conditions for capital to flow, for Nigerian businesses to grow, for our people to prosper and for our natural resources to deliver lasting national value,’ Tinubu said.

Experts said approving an incentive is not the same as securing a final investment decision, and Shell’s board still has to sign off on Bonga South West’s economics, project design and partner alignment before steel gets ordered.

Nigeria has been here before. Fiscal incentives unveiled in 2024 and cost-efficiency credits introduced in 2025 were both pitched as the reform that would unlock stalled projects, and the deepwater pipeline mostly stayed where it was.

Government officials are framing this order as different in kind, not just degree, because it is meant to function as standing policy rather than a bespoke concession tied to one company’s leverage.

The framework also leans on Nigeria’s long-standing local content push, as projects that qualify will be required to maximise work done inside the country, especially where it is commercially and technically feasible.

‘Projects qualifying under the framework will maximise execution within Nigeria wherever commercially and technically feasible, strengthening domestic engineering, fabrication, marine logistics, technical services and project management,’ said Olu Arowolo-Verheijen, the President’s special adviser on oil and gas.

She added, ‘The objective is not only to increase investment and production, but also to create skilled jobs, deepen local supply chains and position Nigeria as Africa’s regional hub for deep offshore project execution.’

Nigeria has cast this as a way to grow a domestic deepwater services industry that has largely watched contracts go to yards in Singapore, South Korea and the Gulf.

The order was drafted through what the presidency described as an extensive inter-agency process, pulling in the Federal Ministry of Justice, the Federal Ministry of Finance, the Federal Ministry of Petroleum Resources, the Nigeria Revenue Service, NNPC Limited, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian Content Development and Monitoring Board, investing partners and other industry stakeholders whose collaboration, technical expertise and commitment helped shape the framework.

North America, Europe lead sharp rise in global youth unemployment of 67 million without jobs – ILO

A report by the International Labour Organisation (ILO) reveals that 67 million young people are without jobs, triggering a fresh unemployment crisis.

In a departure from historical trends, some of the sharpest spikes in youth unemployment occurred in higher-income economies. For instance North America saw its youth unemployment rate climb from 8.3 percent in 2023 to 9.8 percent in 2025. Across Northern, Southern, and Western Europe, the rate hovered at 15 per cent, with nearly 70 per cent of countries reporting weakened entry-level job opportunities.

The report titled The Global Employment Trends for Youth 2026: Back to the Future reveals that the global youth unemployment rate rose to 12.4 percent in 2025, leaving approximately 67 million young people aged 15 to 24 without work.

Concurrently, the proportion of youth not in employment, education, or training (NEET) ticked upward to 20 per cent, affecting more than 257 million young individuals worldwide, driven by stagnant economic growth, persistent geopolitical tensions, and rapid technological disruption.

A major contributor to this squeeze in developed markets is the steady erosion of middle-skilled jobs. Traditional entry-level roles-such as administrative positions, service and sales roles, manufacturing jobs, and select technical occupations-are shrinking.

Conversely, developing economies face a structural shortfall in quality job creation. While nominal youth unemployment rates in lower-income regions often appear low, they mask widespread economic insecurity. Millions of young people, unable to afford to remain idle, are forced into low-quality, informal work. Nearly nine out of ten young workers aged 15 to 29 in low- and lower-middle-income countries operate in the informal sector, devoid of income stability or social protection.

Sub-Saharan Africa remains under severe demographic stress, struggling to generate formal employment fast enough to match its expanding youth population. Meanwhile, the Arab States and Northern Africa continue to record the highest youth unemployment rates globally, standing at 26.2 percent and 22.6 percent respectively, with over a third of young people classified as NEET in both regions.

Technological shifts, particularly the rise of artificial intelligence, are accelerating these labour market disruptions. The ILO estimates that 6.1 percent of jobs held by young people aged 15 to 29 are highly exposed to AI-driven automation. Many of these positions overlap with the declining middle-skilled administrative roles that historically served as career stepping stones.

‘A generation that cannot find decent work cannot build its future with confidence,’ said Gilbert F. Houngbo, ILO director-general. ‘When young people are locked out of quality employment, countries lose talent, productivity, and social cohesion. Creating decent jobs for young people is not just a social imperative; it is one of the smartest investments a country can make.’

While demand grows for high-skilled technical roles in science, healthcare, and engineering, bridging the gap requires targeted policy interventions. Sukti Dasgupta, director of the ILO’s Employment, Skills and Sustainable Enterprises Department, warned against underestimating the speed of technological adoption, emphasising that labour policies, social safety nets, and lifelong learning frameworks must be upgraded so technology works for young job seekers rather than displacing them.

To mitigate these systemic risks, the ILO calls on global policymakers to implement human-centred AI governance, expand vocational training and apprenticeships, strengthen employment services targeting young women, and deploy supportive macroeconomic policies aimed directly at formal job creation.

From policy to action: Closing the ESG gap

ESG has become a familiar acronym in Nigerian boardrooms. Policies have been written, sustainability committees established, and glossy reports published. Yet the real question is no longer whether organisations have ESG strategies; it is whether those strategies are changing how they produce, hire, procure, govern, and create value.

The gap between policy and action remains one of the greatest sustainability risks facing African businesses.

An old African proverb says, ‘Wisdom is like a baobab tree; no one person can embrace it.’ ESG implementation requires collective action across finance, operations, human resources, procurement, and leadership. A policy sitting on a shelf is like a seed never planted; it carries potential but produces no shade, fruit, or resilience.

The World Health Organisation has repeatedly demonstrated the economic cost of environmental degradation and poor occupational health, linking air pollution, unsafe workplaces, and climate-related disasters to rising health expenditures and productivity losses. This is why relevant UN SDGs are no longer viewed as abstract global aspirations but as practical business imperatives.

Nigerian businesses can move from talk to transformation through

1. Translation of ESG commitments into measurable operational targets. Many companies announce ambitions such as ‘reduce emissions’ or ‘support communities’, but few define annual milestones, responsible executives, timelines, and budgets. Seplat Energy’s Tree4Life initiative provides a useful example. Beyond the public commitment to reforestation, the programme has involved structured planting targets, community engagement, monitoring processes, and alignment with international carbon methodologies. The lesson is simple: ESG becomes credible when it is embedded in operational planning, not treated as corporate philanthropy.

2. Connecting ESG to core business risks and opportunities. Nigerian manufacturers facing rising energy costs can no longer view renewable energy as a public relations exercise. Companies such as BUA Foods and Dangote Cement have increasingly invested in energy efficiency and alternative energy solutions because operational sustainability improves competitiveness. In Kenya, Safaricom’s M-PESA ecosystem demonstrates how social inclusion can become a profitable business model by expanding financial access to millions previously excluded from formal banking.

3. Building ESG accountability into governance structures. One recurring weakness in Nigerian companies is that sustainability teams often operate without decision-making authority. Global best practice increasingly places ESG oversight at board level, with executive compensation linked to sustainability performance. The International Sustainability Standards Board (ISSB) and IFRS S1 and S2 frameworks reinforce this direction by requiring organisations to disclose sustainability-related risks and opportunities with the same rigour applied to financial reporting.

A real-life example comes from Nigerian Breweries, which has invested significantly in water stewardship across several brewery locations. Water efficiency is not merely an environmental initiative for a beverage company; it is a business continuity strategy. By treating water as a strategic asset, the company demonstrates how ESG action can protect long-term enterprise value.

4. Using procurement as a transformation tool. Large Nigerian corporations have enormous influence over thousands of suppliers. Requiring vendors to meet basic standards on labour practices, environmental management, health and safety, and ethical conduct can create ripple effects across entire value chains. South Africa’s mining sector, despite its challenges, has shown that supplier development programmes tied to social and environmental standards can stimulate broader economic inclusion.

The ancient parable of the wise and foolish builders is instructive here. One built on sand; the other on rock. When storms came, only the structure with a strong foundation endured. Climate shocks, regulatory changes, investor scrutiny, and social unrest are the storms confronting modern businesses. ESG policies are the architectural drawings; operational execution is the foundation.

Technology also has a critical role. Digital ESG platforms, data dashboards, satellite monitoring for environmental projects, and automated compliance tracking can help organisations move from anecdotal reporting to evidence-based management. What gets measured gets managed, and what gets managed gets improved.

However, implementation will require courage. Some actions may increase short-term costs: cleaner technologies, workforce training, safer facilities, or stronger governance controls. Yet the cost of inaction is far greater. Floods in Lagos, drought pressures affecting agriculture, energy insecurity, and community conflicts in extractive regions already demonstrate that sustainability failures have direct financial consequences.

For Nigerian businesses, the ESG conversation must now enter a new phase. The era of aspirational statements is giving way to the era of demonstrable outcomes. Investors are asking harder questions, regulators are strengthening expectations, customers are becoming more conscious, and younger employees increasingly want to work for organisations whose values are visible in practice.

Closing the ESG gap is not about producing thicker sustainability reports. It is about creating businesses that are healthier for people, safer for communities, more resilient to climate risks, and better governed for long-term prosperity.

The future will not reward the companies that spoke most eloquently about ESG. It will reward those that operationalised it with discipline, transparency, and measurable impact. In Africa’s defining decade, execution and not intention will separate sustainability leaders from sustainability spectators.

Beyond ‘Wahala’: What inDrive’s campaign teaches about winning consumers in a tough economy

Nigeria’s economy has become one of resilience, adaptation and relentless survival. Businesses are battling inflation, exchange rate volatility, rising operational costs and shrinking consumer purchasing power. Consumers, on the other hand, are making difficult choices every day, cutting discretionary spending and demanding greater value for every naira spent.

In such an environment, traditional advertising that merely promises affordability, quality or speed no longer commands the attention it once did. Consumers have become increasingly sceptical of some marketing claims. They now gravitate toward brands that genuinely understand their daily realities and communicate with authenticity.

It is against this backdrop that inDrive Nigeria’s ‘Chief Wahala Officer’ (CWO) campaign deserves attention, not merely as a clever marketing act, but as a broader lesson on how brands can remain relevant in one of Africa’s most challenging consumer markets.

The campaign demonstrates that successful marketing in today’s Nigeria is no longer solely about selling products. It is increasingly about building emotional relevance through shared experiences.

Marketing in an economy defined by pressure

Few economies demand creativity from businesses as much as Nigeria’s. Persistent inflation has reduced disposable incomes. Transport costs remain among the highest household expenditure, particularly in major commercial centres such as Lagos, Abuja and Port Harcourt. Businesses are simultaneously coping with rising fuel prices, elevated logistics costs, expensive financing due to high interest rates and weakened consumer demand. Every additional cost eventually finds its way into the prices consumers pay.

Consequently, Nigerians have become far more intentional about where they spend their money. Brand loyalty is no longer automatic. Consumers are willing to switch platforms if they perceive better value, improved customer service or a stronger emotional connection.

This changing environment means companies must compete not only on price but also on trust, empathy, and authenticity. That is precisely where the CWO campaign found its strength.

Turning everyday frustration into customer insight

At first glance, the vacancy appeared funny. Applicants were invited to compete for the fictional position of CWO, with one major requirement being several years of surviving Lagos traffic and understanding Lagos Wahala.

Yet, beneath the humour was an intelligent business strategy. Rather than commissioning another customer satisfaction survey or organising expensive focus groups, inDrive transformed customer research into entertainment. Thousands of Nigerians voluntarily shared their daily transportation frustrations (traffic gridlock, ride cancellations, delayed deliveries, confusing pricing, and commuter stress).

In effect, consumers became both storytellers and researchers. The company received valuable real-time consumer insights while simultaneously strengthening public engagement with its brand.

For businesses operating under severe marketing budget constraints, a growing reality in Nigeria’s current economic climate, this represents an efficient approach to customer intelligence. Instead of paying heavily to understand consumers, companies can create platforms where consumers willingly tell their own stories.

The power of speaking the customer’s language

Perhaps the campaign’s greatest achievement was its use of the word ‘wahala.’ To outsiders, the word translates to problem or trouble. To Nigerians, wahala, represents something much deeper. It reflects the accumulated frustrations of daily life (traffic congestion, electricity shortages, transportation delays, poor customer service, inflation, unreliable infrastructure, and countless unpredictable disruptions).

By building its campaign around this universally understood expression, inDrive did something many multinational brands struggle to achieve – it localised a global brand without losing its international identity.

Many companies still approach Nigerian marketing by adapting campaigns originally designed elsewhere, merely changing faces while retaining foreign messaging. The result often feels artificial. Consumers quickly recognise when brands are merely speaking to them rather than speaking like them. inDrive instead adopted the language consumers already use among themselves. That authenticity significantly increased credibility.

Why authenticity matters more during economic hardship

Economic hardship fundamentally changes consumer thinking. People become less interested in aspirational advertising and more interested in practical value. When households face financial pressure, they naturally question every purchase decision, and promises of perfection often generate suspicion rather than confidence. Whereas what consumers increasingly appreciate is honesty.

Rather than pretending transportation in Lagos is effortless, the campaign openly acknowledged that moving around the city is difficult, with traffic remaining unpredictable; drivers sometimes cancel, and deliveries encounter delays, and these realities are not unique to one platform but are part of urban Nigerian life.

By acknowledging these frustrations rather than denying them, the campaign builds trust before offering solutions, marking a subtle but significant shift from conventional advertising. Consumers tend to believe brands that acknowledge imperfections more readily than those that claim flawless performance.

Celebrity endorsement with strategic purpose

The appointment of actress and content creator KieKie as Chief Wahala Officer stood out because her personality naturally aligned with the campaign. Her public image revolves around humour, quick thinking, and navigating everyday Nigerian situations with confidence.

Rather than forcing a celebrity into an unrelated campaign, inDrive selected someone whose personality already reflected the campaign’s central idea, an important lesson for Nigerian businesses.

A lesson in customer-centred innovation

Another strength of the campaign lies in how closely the marketing reflected the actual product. Many campaigns generate excitement but disappoint consumers because the experience fails to live up to the promise, and inDrive avoided that trap.

The frustrations highlighted during the campaign correspond directly with features already available on the platform, including negotiated fares, driver selection, courier options, route flexibility, tracking capabilities, and customer support – an alignment that matters, as marketing creates expectations and product delivery sustains reputation.

What Nigerian businesses can learn

The broader implications extend far beyond ride-hailing. Banks, insurance firms, telecoms, manufacturers, fintech startups, healthcare providers and even government agencies face similar credibility challenges.

Consumers increasingly expect organisations to demonstrate a genuine understanding of their realities, and rather than rely on polished corporate language, companies should spend more time listening. Instead of focusing exclusively on product features, businesses should identify the emotional experiences surrounding those products.

Beyond marketing, toward meaningful connection

The Chief Wahala Officer campaign ultimately reflects a broader truth about Nigeria’s business landscape. In difficult economic times, empathy has become a competitive asset.

Consumers no longer expect companies to eliminate every challenge overnight. What they increasingly value is recognition that those challenges exist and that genuine efforts are being made to address them.

For Nigerian businesses seeking sustainable growth amid economic uncertainty, the message is clear. Winning consumers today requires more than competitive pricing or catchy slogans. It requires listening before speaking, acknowledging before promising, and delivering consistently after making commitments.

The most successful brands of the coming decade will not necessarily be those with the largest advertising budgets. They will be those who understand Nigeria’s realities deeply enough to convert everyday struggles into opportunities for meaningful engagement, lasting trust, and shared value.

Your next brand influencer may already be on the payroll- Report

A 2026 study examining LinkedIn found that content posted directly by employees generally resonates more strongly with social media users than content published through official brand pages, suggesting that a company’s next brand influencer may already be among its employees.

The study by Sociallyin, a social media marketing agency based in the United States (US), notes that this presents a new opportunity for businesses to turn employees into credible brand ambassadors. It also highlights the growing interest in employee-generated content as companies seek to transform their workforce into knowledgeable and trusted brand advocates.

The research describes employees as gatekeepers because corporate content can only reach their personal networks after they decide that it is worth sharing. As a result, employees have considerable influence over which company messages travel beyond the organisation’s immediate audience.

In other words, companies which spend heavily on external influencers to win consumer trust, may be overlooking a valuable group of potential advocates within their own workforce.

The study found that 54 percent of marketers currently work primarily with micro- and nano-influencers, while 40 percent of influencer marketing budgets are directed towards micro-influencers.

This shift reflects the growing preference for human-led content, as consumers increasingly respond to smaller creators who offer specialised knowledge, relatable perspectives and highly engaged communities.

Employees could become the next brand advocates

For businesses, however, the next step may be to look beyond influencers altogether.

Employees already possess something that many external creators have to spend months building: first-hand knowledge of the company, its products, customers and culture. Their professional and personal networks can also take corporate messages beyond the audience that follows the company’s official social media accounts.

Keith Kakadia, founder and chief executive of Sociallyin, said employees can provide practical knowledge that is difficult for a corporate account to reproduce.

‘An employee can explain how a product was built, answer a question customers regularly ask, or show what the work looks like behind the scenes,’ he said. ‘That first-hand perspective gives people something more useful than another polished brand announcement.’

An employee’s expertise matters more than social media following

The value of employee influencers, therefore, is not necessarily determined by the size of their following. A product manager explaining a new feature, a recruiter discussing workplace culture or a customer-service employee addressing a recurring customer problem may generate more meaningful engagement than a celebrity with millions of followers.

Authenticity is central to this model. Employees are most valuable as creators when they communicate in their own voices rather than reproduce carefully scripted corporate messages.

Employee advocacy creates an HR challenge

But the growing role of employee creators also creates an important human resources challenge.

Companies cannot treat employee advocacy as a cost-free extension of influencer marketing. Creating content requires time, judgement and creativity, and businesses must establish whether participation is voluntary, part of an employee’s existing responsibilities or additional work that should attract recognition or compensation.

‘Posting for the company can look informal, but it still takes time, judgment, and creative effort,’ Kakadia said. ‘HR needs to be clear about whether content creation is voluntary, part of the job, or additional work that deserves recognition.’

Creator expectations are changing

This is particularly important as the broader creator economy becomes more professionalised. Sociallyin found that 79 percent of creators want to be treated as professionals during brand negotiations, while 63 percent prefer long-term partnerships. The same expectations are likely to emerge among employees who build reputations as corporate creators.

For businesses, effective employee-creator programmes will therefore require more than asking workers to share company posts.

Participation should remain voluntary, while employees should understand what is expected of them and whether content creation forms part of their paid responsibilities. Companies must also establish clear rules around confidentiality, intellectual property, disclosure and what happens to content when an employee leaves.

At the same time, employees should retain enough freedom to communicate naturally. Excessive corporate control could destroy the authenticity that makes employee-generated content attractive in the first place.

Trust and recognition will determine success

The strongest programmes are likely to be those that recognise employees not as free distribution channels, but as professionals whose expertise and reputations add value to the company.

‘Employee advocacy works when people feel trusted and valued,’ Kakadia said. ‘Clear rules protect the company, but they also protect the employees whose knowledge and reputation are helping the brand grow.’

As trust in polished corporate advertising weakens and audiences increasingly seek real voices, companies may not need to look far for their next influential brand ambassador. In many cases, the person capable of telling the most convincing story about the business is already sitting inside it.

Police bar Amotekun, vigilance groups from Osun governorship election security

The Nigeria Police Force (NPF) has barred the Western Nigeria Security Network, popularly known as Amotekun, vigilance groups, hunters’ associations and other non-state security outfits from participating in security operations for the August 15 Osun State governorship election.

The police said only accredited and authorised security agencies would be permitted to undertake election-related security duties, warning political parties, candidates and their supporters against engaging, arming or deploying non-state security groups during the poll.

Ani Iniedu, Force Public Relations Officer, disclosed this in a statement on Wednesday as the police intensified preparations for the governorship election.

According to the statement, the directive covers Amotekun, the Joint Civilian Task Force, hunters’ associations, community-based security groups, neighbourhood watch organisations and other similar outfits.

He said the groups would have no role in escorting election materials, guarding polling units, mounting checkpoints, carrying firearms or performing any other election-security function.

The police spokesperson said the restriction was part of measures designed to prevent intimidation, violence and other forms of disruption during the election.

The Police warned political parties, governorship candidates, their supporters and residents of the state against acts capable of undermining the peaceful conduct of the election.

It said the police would not tolerate electoral violence, intimidation, thuggery or any attempt by individuals or groups to interfere with voters, election officials or the electoral process.

It specifically listed ballot snatching, voter intimidation, vote-buying and clashes between supporters of rival political parties among offences that would attract decisive security action.

According to Forces, individuals who commit or sponsor such offences will be arrested and prosecuted, irrespective of their political affiliation, social status or connections.

‘Political parties, candidates, and the public are warned against engaging, arming, or deploying any non-state security outfit for election-related purposes,’ the statement said.

The police further warned that members of unauthorised security outfits who participate in election-related activities, as well as their sponsors, would be arrested and dealt with in accordance with the law.

The Force also reiterated its prohibition on the possession or use of firearms, dangerous weapons and other offensive materials around polling units and collation centres.

It said the only exception would be firearms lawfully carried by accredited security personnel deployed for election duties.

The police said election security operations would be handled by authorised federal security and law-enforcement agencies, including the Nigeria Police Force, Department of State Services (DSS), Nigeria Security and Civil Defence Corps (NSCDC), Nigeria Immigration Service (NIS), Nigeria Correctional Service (NCS) and the Federal Road Safety Corps (FRSC).

The deployment, the Force said, is aimed at ensuring that voters are able to exercise their franchise without fear or intimidation, while also protecting election personnel, materials and facilities.

The police warned that anyone found in possession of election materials without lawful authority, or involved in inciting violence or disrupting the electoral process, would be arrested and prosecuted.

It also cautioned political actors against using security groups outside the officially recognised election-security architecture to gain an advantage or intimidate opponents.

The Force urged residents to remain peaceful and cooperate with authorised security personnel throughout the election period, stressing that political differences must not be allowed to degenerate into violence.

The Osun governorship election is scheduled for Saturday, August 15, with the police expected to deploy personnel across the state to secure polling units, collation centres and other critical locations.

The NPF said it remained committed to providing a secure environment for the election and ensuring that all participants operate within the provisions of the law.

Unions liable for passenger claims after selective picketing, as losses top N2bn – Air Peace COO

Aviation labour unions that singled out Air Peace for a violent and disruptive terminal blockade on Tuesday will be held legally and financially responsible for passenger compensation and any resulting lawsuits, Oluwatoyin Olajide, the airline’s Chief Operating Officer, declared during a press conference on Wednesday.

Speaking at the airline’s headquarters in Lagos following the Tuesday selective picketing of Air Peace operations in Lagos and Abuja, Olajide explained that because the picketing constituted an unexpected and uncontrollable external disruption beyond the carrier’s operational control, it falls under the legal principle of force majeure (‘superior force’).

Under aviation regulations and standard conditions of carrier, force majeure relieves airlines from liability to pay direct compensation for flight cancellations or delays caused by third-party disruptions.

However, Olajide emphasised that should aggrieved passengers choose to seek legal redress in court, the financial liability must fall squarely on the unions that instigated the blockade.

‘Legally, passengers are not entitled to compensation from Air Peace because what happened was entirely out of the scope of the airline’s operations,’ Olajide told reporters. ‘However, if passengers insist on compensation through legal channels, then the unions that caused this disruption will have to bear the brunt.’

The coordinated action by the National Union of Air Transport Employees (NUATE) and the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) forced the cancellation of more than 70 daily flights, leaving thousands of travelers stranded nationwide and inflicting direct financial damage estimated at over N2 billion on Air Peace.

While union leaders cited two primary grievances-unpaid 5 percent Ticket Sales Charge (TSC) debts to the Nigeria Civil Aviation Authority (NCAA) and restrictions on worker unionization-Air Peace management raised sharp questions over why it was exclusively targeted when virtually all domestic operators share similar debt structures and non-unionized workforces.

Olajide referenced official statements by Chris Najomo, Director General of Civil Aviation, who confirmed that domestic carriers are currently adhering to a structured repayment plan agreed upon with the NCAA to clear historical TSC arrears accumulated during the US-Iran fuel price crisis.

‘If the issue of TSC indebtedness is industry-wide, why was Air Peace singled out for violent and disruptive picketing?’ Olajide questioned.

‘It is quite disturbing and curious that union members were captured on video urging passengers not to fly Air Peace again, but rather to use other airlines-the very same airlines that owe debts to the NCAA and are equally not unionized. The Federal Government must investigate this.’

Beyond the financial fallout, she disclosed that the blockade involved physical violence against its workers, including a female staff member who was left bleeding and bruised while trying to access the terminal.

The COO revealed that Tuesday’s action directly violated a subsisting Federal High Court Judgment obtained on April 26, 2024, by Air Peace employees against the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), NUATE, and the Inspector General of Police.

The court ruling explicitly declared it unlawful and unconstitutional for labor unions to coerce Air Peace staff or attempt to force union membership upon them against their will. It also granted a Perpetual Injunction restraining unions from harassing workers or disrupting Air Peace’s operations, while ordering law enforcement agencies to enforce the protection.

Under Section 40 of the 1999 Constitution of Nigeria, trade union membership is strictly voluntary. According to the airline, over 98 percent of Nigerian airline workers are non-unionized, and Air Peace staff have repeatedly voted against forming or joining a union.

The COO further cautioned that blocking access to controlled terminal zones constitutes an Act of Unlawful Interference under International Civil Aviation Organization (ICAO) rules and Nigerian Civil Aviation Regulations (NCARs).

Olajide warned that individuals identified in security video footage could face international severe consequences, including inclusion on global ‘no-fly’ lists or arrest abroad under international aviation safety conventions.

‘Airports are sensitive national assets, and such violence should never be allowed to occur with impunity,’ Olajide stated. ‘This incident has caused deep concern among our international partners and aircraft lessors, raising legitimate questions about confidence in Nigeria’s aviation business environment.’

Air Peace called on the federal government, the NCAA, and law enforcement agencies to launch an immediate, independent investigation using available video evidence to prosecute those responsible for the breach.