Economy
Christmas Shopping Tips For Everyone In Nigeria
By Nkem Ndem
The Christmas bells are starting to ring and there is already merriment in the air as Nigerians are always eager to welcome the yuletide season, recession or not. As much as we love the Christmas parties, rice, chicken, and bottomless glasses of red wine, though, Christmas can be stressful financially as when you add it all up, it actually turns out to be a super expensive time of year.
With that said, it doesn’t always have to be. There are ways to avoid spending your naira on the less important parts of the festive season. Jumia Travel shares 5 tips for saving money and staying sane while navigating holiday shopping madness.
Plan for affordability, not desirability
Yes, you want the best for yourself this Christmas, however, you need to put your account balance in mind. Before you start planning, ask yourself: How much can I afford to spend this holiday season? Make a list, keep a budget in mind and set realistic spending limits. It is actually easier to mark out the specifics when you have a rough idea of the total amount you want to spend.
Grab bargains
It is Christmas, almost every store or shop will have end-of-year sales where the costs of several items are discounted. Take advantage of this and pick the items you need for a lesser price than you normally would have purchased them for. Also, you can decide to plan ahead for next year’s Christmas and buy Christmas end-of-sales items for even less by January. Gift wraps, Christmas cards, decorations and plastic tree have heavy discounts hit in January.
Refrain from impulse buying
Christmas shopping on impulse is dangerous. It is very easy to get carried away or swept up in the holiday spirit when everything in the shopping centre has Christmas cheer written all over them and there are also so many discounted items. Do not fall into that trap. Try to remember that the fact that some of these items are super cheap does not mean they are essential to you. No matter what you do, do not stray from the items you have marked out on your list.
Look to buy online
Nigerians have fully embraced e-commerce now and so, a majority of sales will be done online this season. Save yourself the cost and stress of actually walking into the store and hauling a cart and do all your shopping online. There is absolutely no denying you could probably find whatever you are shopping for, cheaper online. Try Jumia online store for clothes, perfume, even food e.t.c – it is the same products, only cheaper.
Start shopping now
Don’t wait until the first week of December to start buying holiday gifts, start now! It might seem early, but by buying a few things everyday or weekend between now and actual week of Christmas, you will be able to keep on top of your finances and keep tabs on what you are buying, without it coming as a huge shock to you all at once.
Nkem Ndem is a PR Associate at Jumia Travel.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn