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Why African migrants must stop chasing employment abroad —Dr. Olorunsheyi

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The Co-founder of Pertinence Group, Dr Sunday Olorunsheyi, has urged African migrants to stop seeking jobs and start their own business, which is more beneficial to them.

According to him, It is much more beneficial to Africa as your continent if you seek to start your own business abroad rather than hoping to land an employment after migration.

The business mogul, who lives and works in both Canada and Nigeria, made the assertion during the Nigeria-Canada trade summit hosted by Glocapro in Lagos earlier this month at the Eko hotel and Suites.

Olorunsheyi, joined by other distinguished speakers, started by raising concerns about the prevalent trend of African migrants seeking employment rather than venturing into entrepreneurship in Canada.

He emphasised the significance of representation in decision-making spheres and urged Africans to seize opportunities for economic empowerment.

He said, “It is the people who are starting businesses in Canada that are controlling the economy and influencing policies, and our people are not well represented. Like I said, if you are not sitting at the table, it means you are part of the menu.”

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Co-convener, Mr. Babajide Shiwoku also echoed the opinion, hammering on economic empowerment among Africans in Canada, and citing the need for African businesses to capitalise on the growing Afro-Caribbean population in the North American country.

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“We see foreign businesses come into Nigeria and Africa generally, they make profits and take it back to their home country. So why can’t we have top businesses from Africa that can establish business in foreign countries, make profit from there and bring it home as well,” he stated

Another keynote speaker, a Canadian immigration consultant, Mr. Mehal Singh shared his personal journey of transitioning from a student to a successful entrepreneur in Canada. He advocated for perseverance and diligence in pursuing business endeavours rather than settling for mere employment.

The other speakers at the event were Prof. Pat Utomi, a renowned professor of political economics; and Mr. Niyi Adesanya, a respected leadership and management consultant; who both made strong points about taking advantage of a working environment to better the cause of the African continent.

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Utomi spoke on the significance of leveraging the diverse institutions and values of foreign countries to instigate positive change within Nigeria.

He said, “I usually say that Nigeria in spite of all the frightening things you hear today, will rise again; and the anchor of that rise would be the Nigerian diaspora. If you look at the 20th century, Japan rose following the Meiji Restoration on the back of ideas from the Japanese diaspora majorly from Germany. India rising, China rising, all came largely from their diaspora,” he stated.

“We who are here in Nigeria, given the kind of corruption that we have allowed to eat into our psyche are not going to build a good society. Look, in my view, there are a number of things that’d be responsible for a great nation, one are your institutions and the other are your values. Those two are in complete collapse in Nigeria today. But those Nigerians who live in Canada, who live in the United States, who are living different values, they’ll bring the salvation we seek.”

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On his own delivery, Adesanya talked about the essence of sustainability in business, emphasising the importance of creating transgenerational wealth. He elucidated on the four levels of business success, stressing the necessity of a conducive environment for achieving enduring prosperity.

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“There are four levels to achieving sustainability in your business, first is getting rich, second is staying rich, third is being sane in the midst of riches, and the final level is attaining transgenerational wealth. One factor that is common to all levels is having a conducive and empowering environment,” he said.

The summit concluded with a resolve to further explore and harness the potential of Nigeria-Canada trade relations, with Glocapro announcing plans to host the Canada version of the summit in September 2024.

The event witnessed the presence of influential figures across diverse sectors, including business, technology, manufacturing, and professional services, with Television host, Mrs. Tope Mark-Odigie, gracing the occasion as the moderator.

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2027: Jonathan’s running mate picked as campaign posters hit internet

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The likelihood of former President Goodluck Ebele Jonathan entering the presidential race in 2027 is becoming increasingly apparent, particularly given the recent developments surrounding his potential candidacy.

Reports suggest that Jonathan is discreetly meeting with key political figures across the country, which adds to the anticipation surrounding his possible return to politics. Click link to continue reading.

READ ALSO  2025: Nigeria Missed Out As Ghana Other Meet Top 10 African Countries With Stable Power Supply Emerge

 

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2025: Nigeria Missed Out As Ghana Other Meet Top 10 African Countries With Stable Power Supply Emerge

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BREAKING: Tinubu appoints 9 new INEC resident commissioners

More questions have been raised over the incompetence of the power sector in the country as Nigeria as many African countries making significant strides in enhancing their power supply stability by investing in modern electricity transmission networks, advanced grid infrastructures, renewable energy sources, and natural gas.

Their diversification prevents disruption in their electricity distribution. Foreign collaboration and smart technology are also some of the positive factors that support these countries’ power sector. …click link for full list here 

READ ALSO  DOLLAR CRUSHED AGAIN: See Dollar to Naira black market exchange rate

John Mahama Ghana President-Elect

The Nigerian Electricity Regulatory Commission, NERC, has given the go-ahead to raise the electricity tarrifs for customers in the Band A category.

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DOLLAR CRUSHED AGAIN: See Dollar to Naira black market exchange rate

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10 best ways to earn dollars in Nigeria

The Dollar to Naira exchange rate in the black market continues to highlight Nigeria’s forex supply challenges, with many individuals and businesses relying on the parallel market for transactions.

CBN maintains tighter controls and a lower rate at official windows, limited access and allocation restrictions force most importers, businesses, and students abroad to turn to the parallel market, where prices reflect actual demand and supply pressures. Click link to continue reading.

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5 things to know about Nigeria's $3.4 billion IMF loan repayment by Tinubu

CBN retains interest rate at 27.5% — third time in 2025

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th September 2025

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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for yesterday 10th September, below. You can swap your dollar for Naira at these rates.

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1545 yesterday 10th September 2025, according to sources at Bureau De Change (BDC).CLICK LINK TO CONTINUE READING

READ ALSO  2027: Jonathan's running mate picked as campaign posters hit internet

Aboki BDC

Yemi Cardoso CBN Governor

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1525
Selling Rate N1535

Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate N1510
Lowest Rate N1506

READ ALSO  DOLLAR CRUSHED AGAIN: See Dollar to Naira black market exchange rate

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

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“Nigeria Only Belongs To Hausa and Yoruba” – Fayose Declared; Netizens React

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BREAKING: Tinubu appoints 9 new INEC resident commissioners

Isaac Fayose, younger brother of former Ekiti State Governor Ayo Fayose, has sparked nationwide controversy after declaring that Nigeria belongs only to the Hausa and Yoruba ethnic groups.

In a viral video making the rounds on social media, Fayose dismissed the long-standing belief that Nigeria’s unity rests on a tripod of Hausa, Igbo, and Yoruba.

He claimed that the Igbos have been marginalized and not counted among the country’s dominant groups.

He stated: “They said Nigeria belongs to Hausa, Igbo, and Yoruba, but that’s a lie… take out that Igbo, stop including them because it’s a lie.”

The remarks have triggered widespread backlash, with many Nigerians accusing him of promoting ethnic hatred and fueling disunity.

Others, however, agreed with his statement, describing it as “an honest truth” about Nigeria’s politics.

READ ALSO  DOLLAR CRUSHED AGAIN: See Dollar to Naira black market exchange rate

Netizens Reactions…

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@olaoluwasunnyman reacted: “Honest truth.”

@chefnoka said: “History will never forget you, brother. I’m not Igbo, but I love the way you speak and stand for the truth. We need it to move this nation forward.”

@newbilliy commented: “I’m Yoruba but an Igbo President will make Nigeria great. I love Igbo people and their business mindset.”

@beautyjunctiongh wrote: “God bless you, my brother, for saying the truth.”

@benedictoguama asked: “Where is Jonathan from?”

@daveiyke_donnegro stated: “@isaacfayoseoriginal_ God bless you Sir for speaking the truth. I wish other Nigerians can shun tribalism and unite for the progress of Nigeria. Tribalism us a tool against Nigerians and the unity of Nigeria. Politicians have weaponized tribalism which enables them thrive in continued political and socioeconomic incompetence.”

@realtundr4 added: “I agree with what you said, sir, but look at it, does igbo really have d right candidate? Obi is just chameleon to me he’s not real, neither do they have the leadership experience as our current president @officialasiwajubat, the one and only politician that have ever created more millionaires and successful individual in the whole nation. Make we leave hatred, JAGABAN na baba.”

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@wellingtonisgreat commented: “@wellingtonisgreat said: “Nigeria belongs to everybody not hausa, yoruba, igbo, Benin have not been president before let us go? You dey talk anyhow.”

READ ALSO  Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th September 2025

@richeart4u said: “Those that have been president, were they given free or charge? Was there a law that stopped Igbo man from being a president? How do people become a president? Or do you mean Igbo have never been allowed to contest for presidency? Same things goes to women too, why are women not hugely represented in all positions even presidency? No one is stopping anyone from becoming anything, you just have to change your strategy and alignment. You can’t be doing same thing over the years and not get the desired result and still want to stick to that failed pattern to achieve a new result. Igbo people and their candidate must be encompassing. Hausa has been aligning more to Igbo people to get whatever position they wanted and why are they not returning the favour hugely? Align to anyone that can boost your change of winning and be well accommodating and understanding the power of choices and politicking. I might be wrong 0000. Na ma small knowledge I take respond oooo.”

READ ALSO  2027: Jonathan's running mate picked as campaign posters hit internet
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TRENDING VIDEO: Health minister collapsed during press conference

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Health challenges affect everyone, regardless of their social status or position in society.

These issues can arise unexpectedly and often catch individuals off guard, emphasizing the importance of proactive health measures and proper care.

This reality serves as a crucial lesson for political stakeholders and those in public office.

Elisabet Lann, the new swedish health minister, made a dramatic debut as she collapsed on her first day on the job during a press conference.

READ ALSO  2025: Nigeria Missed Out As Ghana Other Meet Top 10 African Countries With Stable Power Supply Emerge

As reported by The Straits Times, Lann had joined Prime Minister Ulf Kristersson and other political colleagues at the media briefing on Tuesday, September 9, the same day she was appointed to the role following the sudden resignation of her predecessor.

CNN also noted the scary moment.

Videos, which have gone viral on social media, show Lann swaying while officials are taking questions from reporters.

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Following the collapse, Ebba Busch, the deputy prime minister of Sweden, was seen assisting Lann, who was later able to stand and address the media.

READ ALSO  DOLLAR CRUSHED AGAIN: See Dollar to Naira black market exchange rate

Lann told reporters, according to Swedish daily Aftonbladet.

“This wasn’t really a normal Tuesday, and this is what can happen when you have low blood sugar.”

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