President Bola Ahmed Tinubu on Wednesday declared a national security emergency, directing the Nigerian Police Force and the Armed Forces to embark on accelerated recruitment to counter escalating security threats across the country.
In a statement released from the State House, Tinubu confirmed that the police would immediately recruit an additional 20,000 officers—expanding the total number of new intakes approved this year to 50,000. The president also authorised the temporary use of National Youth Service Corps (NYSC) camps as training centres to fast-track the preparation of new personnel.
“Given the evolving security situation, I have declared a nationwide security emergency and approved additional recruitment into the Armed Forces,” the statement read. “The police are to recruit 20,000 more officers, bringing the total intake to 50,000.”
Tinubu added that despite earlier approvals to upgrade police training facilities nationwide, police authorities are now permitted to convert NYSC camps into training depots where necessary. He also directed the re-training of officers withdrawn from VIP protection duties so they can be redeployed to high-risk regions.
The president empowered the Department of State Services (DSS) to mobilise and deploy trained forest guards to flush out violent groups operating within the nation’s forests, while also authorising the recruitment of more personnel for this specialised operation.
“This is a national emergency,” Tinubu said. “We are reinforcing our security deployment, particularly in areas most affected by violence. Every Nigerian must contribute to securing our country.”
Tinubu commended security agencies for recent rescue operations, including the recovery of 24 abducted schoolgirls in Kebbi State and 38 kidnapped worshippers in Kwara State. He also reaffirmed the government’s commitment to securing the release of students still held captive in Niger State and honoured soldiers killed in recent operations, including Brigadier-General Musa Uba.
The president urged lawmakers in the National Assembly to begin reviewing constitutional provisions to allow states to establish state police where necessary. He also encouraged local governments and religious institutions to strengthen security arrangements.
Tinubu emphasised the importance of the new Livestock Ministry in resolving longstanding clashes between farmers and herders. He appealed to herders to embrace ranching, abandon open grazing, and surrender illegal weapons.
“Ranching remains the sustainable model for livestock management and peaceful coexistence,” he said. “The Federal Government will work with states to implement long-term solutions.”
He further warned against establishing boarding schools in unprotected remote areas and advised religious centres to maintain close coordination with security agencies, especially in vulnerable communities.
The president closed by urging citizens to remain vigilant: “We must not give in to fear. Report suspicious activity and cooperate with security agencies. United, we will overcome these threats. May God bless Nigeria and protect our armed forces.”
Real Madrid ended a frustrating three-game stretch without victory in all competitions on Wednesday night after outlasting Olympiacos 4–3 in a thrilling Champions League encounter marked by a spectacular four-goal performance from Kylian Mbappé.
Olympiacos stunned the visitors early when Chiquinho struck from 20 yards, capping off a well-worked build-up that put the Greek side ahead in front of a lively home crowd. But the night soon belonged to Mbappé, who surged to the top of this season’s Champions League scoring chart with a dominant display.
Madrid equalised in the 22nd minute when Vinícius Júnior threaded a brilliant pass behind the Olympiacos backline, allowing Mbappé to sprint through and fire a low effort between the legs of goalkeeper Kostas Tzolakis. Two minutes later, the Frenchman rose to meet an Arda Güler cross, directing a pinpoint header into the far corner to complete the turnaround.
Mbappé sealed his hat-trick shortly afterward — the second fastest in Champions League history — racing clear of the defence and calmly rolling the ball beyond Tzolakis again. His trio of goals arrived within six minutes and 42 seconds, a feat only bettered by Mohamed Salah’s rapid hat-trick for Liverpool against Rangers in 2022.
Olympiacos received a lifeline early in the second half when substitute Mehdi Taremi, who had entered following Chiquinho’s injury, powered a header past stand-in goalkeeper Andriy Lunin in the 52nd minute. Lunin was deputising for Thibaut Courtois, who did not travel due to illness.
Before Wednesday, Madrid had never secured an away victory against any Greek opponent in seven attempts. That unwanted record fell when Mbappé added his fourth of the night, finishing off a flowing passage of play initiated by Vinícius down the left flank.
The goal lifted Mbappé to nine goals in just five Champions League appearances this season, placing him three ahead of Victor Osimhen in the scoring rankings.
Ayoub El Kaabi reduced the deficit again with nine minutes remaining, setting up a tense finish, but Real Madrid held firm to secure their fourth win from five Champions League outings and bounce back from defeat to Liverpool in their previous European fixture.
Arsenal maintained their flawless Champions League record on Wednesday after dispatching Bayern Munich 3–1 in a matchup between the Premier League and Bundesliga leaders at the Emirates Stadium.
The Gunners took firm control of the contest in the second half after Bayern’s 17-year-old rising talent Lennart Karl briefly pulled the visitors level. Goals from substitutes Noni Madueke and Gabriel Martinelli restored Arsenal’s advantage, with the latter capitalising on a costly mistake from Manuel Neuer.
Both teams entered the showdown with four wins from four, but Bayern held a slight edge at the top of the Champions League table. The early stages were tentative, yet the home side found their breakthrough in the 22nd minute when Jurrien Timber connected with a Bukayo Saka corner, steering his header past a scrambling Neuer. The goal underscored Arsenal’s growing reputation as one of Europe’s most dangerous teams from set plays.
Eberechi Eze — fresh from his hat-trick in Sunday’s 4–1 victory over Tottenham — should have doubled the advantage shortly after but failed to convert a clear opportunity, dragging his attempt wide.
Arsenal’s control was undone moments later as Bayern struck back in the 32nd minute. Joshua Kimmich delivered a sweeping diagonal pass that Serge Gnabry cushioned perfectly into the path of Karl, who finished confidently beyond goalkeeper David Raya.
The second half saw Arsenal reassert their authority. Neuer was called into action early, tipping a fierce Saka strike over the bar, before Karl broke forward on a dangerous run only to produce a tame finish comfortably gathered by Raya.
As the momentum shifted, Arsenal created chance after chance. Mikel Merino miscued a promising header from another Saka corner, while Neuer denied Cristhian Mosquera from point-blank range. Declan Rice then forced another save with a powerful effort, before Saka narrowly missed turning in the rebound.
The sustained pressure finally told with just over 20 minutes remaining. Dayot Upamecano played an errant pass straight into danger, allowing Riccardo Calafiori to pounce and send a cross into the box. Madueke reacted quickly, guiding the ball into the net to restore Arsenal’s lead.
Bayern then suffered a further setback when Eze lofted a long pass over the defence. Neuer, caught far outside his penalty area, was beaten by Martinelli’s superb first touch, leaving the Brazilian with a simple finish into an empty goal.
Arsenal supporters revelled in the moment, directing taunts at Bayern striker Harry Kane — once a fierce rival as a Tottenham star — with chants echoing throughout the stadium.
Both sides remain well positioned to secure top-eight finishes in the Champions League’s new 32-team league phase, which guarantees automatic progression to the round of 16.
Liverpool’s increasingly turbulent season descended even further on Wednesday night as PSV Eindhoven stormed to a commanding 4–1 victory at Anfield, deepening the crisis surrounding manager Arne Slot.
The Reds initially took the lead through Ivan Perišić’s early penalty, but even Dominik Szoboszlai’s equaliser failed to ignite a meaningful response as the hosts unravelled dramatically in the second half.
Guus Til and Couhaib Driouech — the latter scoring twice — inflicted another bruising defeat on Liverpool, who have now lost nine of their past 12 matches in all competitions. It is their worst run of form since the 1953–54 season, amplifying the pressure on Slot as boos rang around the stadium at full time.
Following a 3–0 home defeat to Nottingham Forest last weekend, Liverpool have now suffered three consecutive losses, conceding 10 goals across those fixtures. The Reds have dropped six of their past seven Premier League matches and sit 12th in the table — their first time in the bottom half in more than a decade.
The disappointment extends into Europe as well. Wednesday’s defeat was Liverpool’s second loss in five Champions League games and their first home setback in the competition’s opening phase in five years. They currently occupy 13th position in the league phase standings, with only the top eight guaranteed safe entry into the round of 16.
Slot, who admitted on Tuesday that he feels “guilty” over the team’s alarming decline, again appeared bereft of solutions. Empty seats began to appear well before the final whistle as supporters voiced their frustration at the dramatic downturn in performances.
Liverpool’s Fragile Mindset Exposed
Slot opted to leave British-record signing Alexander Isak on the bench after another goalless outing last weekend, though the decision did little to improve the side’s attacking sharpness. Liverpool also became the first English team to lose at home to PSV since 2008.
The hosts struggled badly across all departments: intensity, pressing, one-on-one duels, creativity, and defensive structure. Their predictable build-up repeatedly left them vulnerable to PSV’s counter-attacks.
Virgil van Dijk had urged teammates to show greater responsibility, but the captain was at fault as PSV took the lead in the sixth minute. Instead of clearing a corner, Van Dijk raised his arm and handled the ball. Despite his protests of being fouled, the decision stood, and Perišić converted from the spot in front of a stunned Kop.
Liverpool managed to draw level 10 minutes later when Cody Gakpo’s driving run ended with a shot parried by Matej Kovář, allowing Szoboszlai to guide the rebound home from 12 yards. Moments later, Van Dijk came close to redeeming himself, glancing a header against the crossbar from Mohamed Salah’s corner.
Kovář denied Hugo Ekitike before halftime, but Liverpool’s failure to score again proved costly. PSV retook the lead in the 56th minute when Mauro Júnior threaded a brilliant pass into the path of Til, who outpaced Milos Kerkez and fired clinically beyond Giorgi Mamardashvili.
Gakpo wasted a golden chance to equalise moments later, heading over from close range, adding to Liverpool’s growing list of missed opportunities.
The night worsened in the 73rd minute when Ibrahima Konaté misplayed a routine pass, gifting Ricardo Pepi a clear run at goal. His strike bounced off the post and fell perfectly for Driouech, who slotted into the empty net to make it 3–1.
Deep into stoppage time, Driouech sealed PSV’s emphatic victory when Sergiño Dest surged down the wing and squared for the winger to finish calmly — a moment that left Slot frozen in disbelief on the touchline.
Investors on the Nigerian Exchange (NGX) witnessed a sharp downturn on Wednesday, losing ₦444 billion in market value as renewed sell pressure pushed major indices into the red. The decline marked a significant setback in the equities market’s year-to-date performance as sentiment weakened across several key sectors.
The All-Share Index fell by 698.56 points — a 0.49% drop — closing at 143,064.57. Total market capitalisation also slipped to ₦90.99 trillion after heavy selloffs dragged down stock valuations.
The downturn was triggered largely by profit-taking activities in companies such as BUACEMENT, AIICO, STERLINGNG, IKEJAHOTEL, and CADBURY. Market analysts say investor caution has intensified following recent monetary policy actions by the Central Bank and rising global economic uncertainties.
Despite the market decline, trading activity accelerated, with transaction volume and value rising by 32.76% and 89.89%, respectively. In total, 738.35 million shares worth ₦35.54 billion were exchanged across 19,919 deals.
GTCO led the volume chart with 18.18% of all shares traded, followed closely by ACCESSCORP at 14.98%. FIRSTHOLDCO, UBA, and NB also ranked among the most actively traded stocks. The financial services sector dominated the value chart as well, accounting for over 32% of total market turnover.
On the gainers’ table, AIICO topped the list with a 10% increase, followed by NCR (+9.96%), IKEJAHOTEL (+9.41%), PRESTIGE (+7.38%), STERLINGNG (+6.85%), and MANSARD (+6.83%), among others.
However, 27 equities posted losses. LEARNAFRICA led the decliners with a 10% drop, followed by CADBURY (-9.92%), MEYER (-9.91%), UPDC (-8.83%), INTBREW (-8.33%), and MBENEFIT (-7.46%).
Market breadth ended positive with 28 gainers against 27 losers, even though the broader market closed lower.
Sectoral performance was mixed:
Insurance gained 2.66%
Banking edged up 0.24%
Oil & Gas rose 0.17%
Industrial Goods declined 2.03%
Consumer Goods dipped 1.33%
Analysts say the day’s decline reflects investor repositioning ahead of macroeconomic developments and corporate earnings releases.
The naira gained ground against the US dollar on Wednesday, appreciating to ₦1,442 in the official foreign exchange market as increased dollar availability supported international transaction flows.
Market analysts credit the rise to recent foreign exchange interventions by the Central Bank of Nigeria (CBN), which have enhanced liquidity and boosted confidence in the market. The local currency has now recorded its third consecutive day of appreciation.
At the parallel market, Bureau de Change (BDC) operators reported a steady influx of remittance-linked dollar supplies, further easing pressure on the naira and helping to stabilise demand.
Improved FX inflows from exporter proceeds and international oil companies also contributed to the strengthened market conditions. During the trading session, the official spot rate hit an intraday peak of ₦1,445.50 per dollar — roughly ₦10 stronger than the previous day’s high of ₦1,455.
Data from the official window showed that some deals were executed at an intraday low of ₦1,436.50, reflecting the abundance of liquidity in the system. Analysts noted that the broad improvement in supply enabled the market to absorb significant demand for foreign payments without triggering volatility.
The Central Bank reported that the naira appreciated 0.24% to close at ₦1,442.92/$ in the official market, while at the parallel market it strengthened by 0.08% to ₦1,473/$ — an indication of cooling demand pressures and recovering sentiment across both segments of the FX landscape.
Bitcoin climbed into the $90,000 zone amid a fresh cryptocurrency rally, supported by rising optimism after the state of Texas deepened its involvement with the world’s largest digital asset.
The flagship cryptocurrency advanced 2.70% within 24 hours to reach $90,170, according to live trading data, even though overall trading volume slipped 3.2% to $63.44 billion. Analysts attribute the upbeat sentiment to Texas’ recent acquisition of Bitcoin through BlackRock’s spot ETF, a move that allows the state to gain exposure without holding the asset directly.
Crypto experts note that the decision highlights growing state-level trust in regulated digital investment vehicles, signalling a shift toward incorporating Bitcoin into traditional financial strategies. The development reinforces Bitcoin’s standing as a macroeconomic asset, although some retail investors are beginning to rotate toward blockchain infrastructure innovations such as Bitcoin Hyper — a Layer 2 network leveraging Solana’s SVM to expand DeFi capabilities.
The renewed buying momentum follows earlier remarks from Texas State Senator Charles Schwertner, who in October suggested that Ethereum could be added to the state’s crypto reserves if it sustains a $500 billion market capitalization for at least 24 months. He argued that long-term stability would make its inclusion both practical and responsible.
Bitcoin’s latest upward movement pushed its market capitalization to $1.79 trillion as of Wednesday, according to data from CoinMarketCap. With the rebound, Bitcoin and several altcoins have helped lift the overall cryptocurrency market value back above the $3 trillion threshold after slipping below that level during intense selling pressure.
Overall market data shows the crypto ecosystem advanced 2.46% in the last 24 hours, trimming part of a steep 30-day decline of 18.12%. Analysts say the rebound followed a recovery from oversold territory, with the crypto RSI14 sitting at 31.89 near a critical Fibonacci support level of $3.09 trillion.
Despite the positive trajectory, Bitcoin liquidations jumped sharply, rising 288% in one day as $10.66 million in long positions were erased. Adding to market speculation, Kevin Hassett — a Coinbase advisor known for advocating swift monetary easing — is now viewed as the leading contender to succeed Jerome Powell as Federal Reserve Chair.
Market analysts suggest that Hassett’s potential appointment could pave the way for accelerated interest rate cuts in 2026, an outcome historically supportive of risk assets such as cryptocurrencies by weakening their correlation with tech stocks.
Meanwhile, traders caution that Bitcoin’s recent gains could face short-term resistance as 21Shares undertakes a shift in Bitcoin custody while transferring its ETP assets to Standard Chartered, a move that may trigger institutional sell-offs.
Stanbic IBTC Holdings has strengthened its push to develop Nigeria’s digital workforce with the graduation of 97 participants from the fourth cohort of its Digital Skills Empowerment Programme (DISEP 4.0) and the induction of 277 new learners into the DISEP 5.0 stream.
The ceremony, held on Monday at the Stanbic IBTC Tower, Victoria Island, Lagos, drew senior executives, technology advocates and ambitious young Nigerians seeking to build careers in an increasingly digital global economy.
Delivering the keynote address, Ms Nkemdilim Uwaje Begho, Non-Executive Director of Stanbic IBTC Holdings, charged the graduates to embrace lifelong learning, intentionality and professional visibility as they navigate the fast-evolving technology landscape.
Begho, a leading figure in Nigeria’s tech ecosystem, drew from her personal journey; growing up in a tech-oriented family and entering the male-dominated digital sector nearly two decades ago. She noted that while opportunities have improved, women remain significantly underrepresented.
“When I started my technology journey 18 years ago, I was usually the only woman in the room, Today, the doors are wider and the pathways clearer. You are extremely lucky—there are role models everywhere. So go and conquer. The road has been cleared for you.” she recalled.
She stressed that technology remains the only sector experiencing net global job growth, adding that skills in artificial intelligence, big data, cybersecurity, cloud computing, fintech, e-commerce, digital marketing and content creation will shape the future of work.
“You must learn like your life depends on it; Technology changes every day. If you don’t keep learning, you won’t be able to keep up.” She counselled.
Begho also urged the inductees to cultivate clear long-term career goals, expand their understanding of their preferred sectors, build strategic networks and strengthen their digital presence, especially on professional platforms like LinkedIn.
“Doing good work quietly is not enough. Visibility creates opportunity,” she said, warning against complacency and encouraging the young professionals to set goals bold enough to challenge them.
The IT Guru shared anecdotes from her career, including that of a former intern who rose rapidly through discipline and relentless self-learning despite lacking a university degree, and another young job seeker whose limited ambition hindered his prospects. “Your five-year goals should scare you. If they don’t, they are not big enough,” she added.
Earlier, Mr Chuma Nwokocha, Group Managing Director of Stanbic IBTC Holdings, reaffirmed the institution’s commitment to human capital development as a catalyst for national growth.
He explained that the DISEP initiative was conceived as a social investment programme aimed at equipping young Nigerians with market-relevant digital skills rather than generating financial returns for the bank.
“This programme is not about our bottom line; it is about impact, one way to grow Nigeria is to empower its people. We train and release talent into the wider economy because the country needs them.” He reiterated.
Nwokocha shared a personal encounter with a young Nigerian abroad, whom he encouraged to pursue a cybersecurity career—a decision that transformed the young man’s trajectory and eventually led him to author a book. Such stories, he said, underline the transformative power of digital literacy.
With 277 new entrants beginning their learning journey, Stanbic IBTC restated its commitment to widening access to technology training, equipping young people for global competitiveness and building a talent pool capable of driving Africa’s digital transformation.
For the 97 graduates of DISEP 4.0, Monday’s event marked the start of a new chapter powered by skill, ambition, and renewed opportunity.
Founders often look at Adekunle Gold’s recent rise and assume it is simply the music industry doing what it does. The truth is very different. His evolution is the result of clear decisions, structured execution, and long term brand thinking. These are the same principles founders and business builders can use to reposition their companies, attract better customers, and command higher value.
What follows is a founder focused breakdown of the real framework behind Adekunle Gold’s strategic transformation, written in a way that tackles both the method and the silent doubts many entrepreneurs carry when thinking about a rebrand.
1) Reinvent Without Losing Your Core Identity
The smartest rebrands begin with clarity, not aesthetics, and this is where Adekunle Gold excelled. He did not discard the emotional depth or the qualities his audience already trusted. Instead, he revisited the essence of what people valued in him, preserved those elements, and elevated how he expressed them. For founders, this means starting with a brand audit that identifies the strengths customers consistently praise. Those core strengths form the anchor. The reinvention happens in how they are presented through refined visuals, sharper messaging, and a clearer story about what your product means.
Many founders quietly fear that refreshing their brand might confuse customers or signal inconsistency, but customers rarely feel betrayed when the underlying promise remains intact. People simply want to recognise the soul of what they already love. A rebrand becomes risky only when a company abandons the essence that made it valuable in the first place. The smartest path is to maintain that signature element, communicate openly about the upgrade, and roll out updates gradually so the transition feels less like a leap and more like a natural evolution. When the core is preserved, the risk is dramatically reduced.
2) Use Visual Identity as a Business Signal Instead of Decoration
Adekunle Gold’s aesthetic transformation was not designed for vanity; it was designed as a signal. Visual identity is one of the fastest ways to communicate competence, ambition, and readiness for bigger opportunities. Long before customers experience your product, they judge your credibility through what they see. When AG started looking global, the market responded by treating him like a global act. Founders can achieve the same effect by elevating the polish of their brand assets, from product photos and typography to pitch decks, landing pages, packaging, and advertising.
The hesitation founders often feel is financial. “Is this worth the cost?” “Will this actually move the needle?” The truth is that visual excellence almost always increases conversion because it reduces perceived risk for customers. A refined identity makes buyers feel safer, partners more confident, and investors more willing to engage. Even small improvements can lead to measurable shifts in perception. The safest way to approach this is incrementally: redesign one page, commission one brand shoot, or refresh one customer facing asset. Use the results to guide the next step. Over time, these small improvements compound into a new level of authority.
3) Expand Your Audience With Intention Instead of Abandoning Your Base
Adekunle Gold’s rise is also a lesson in thoughtful audience expansion. He did not discard his Nigerian fans in order to reach a global audience; he simply told a bigger story that could accommodate more people. For founders, growth often stalls not because the product is weak but because the audience has become too narrow. Expansion requires understanding which new segment aligns naturally with your strengths, then gradually shaping your narrative so it resonates with that group without alienating the original customer base.
Founders frequently worry that broadening their audience might upset existing customers or stretch the product too thin. But expansion is not abandonment. It is evolution. By giving each audience segment its own messaging track and maintaining continuity for early supporters, you keep your foundation secure while attracting new layers of growth. The safest way to manage this shift is through testing: introduce new narratives in small campaigns, monitor customer churn, and run parallel communication for both segments. Expansion done slowly and deliberately becomes a source of strength rather than a threat.
4) Create a Predictable and Consistent Content Ecosystem
One of the underrated pillars of Adekunle Gold’s transformation was his visibility. He did not merely appear when a new single dropped; he built a reliable ecosystem of content that kept his audience connected to his journey. Consistency creates familiarity, and familiarity builds trust. For founders, this means moving away from sporadic posting and instead building a simple, sustainable content rhythm that reinforces your brand’s voice. Even a single weekly asset, repurposed across multiple platforms, can sustain a powerful presence.
The fear here is practical: “We don’t have enough time” or “We might say the wrong thing publicly.” But consistency does not require endless content or daily posting. It requires predictability. Moreover, transparency and clear correction can fix most mistakes far more easily than silence can. A structured 90 day content plan, one strong weekly format, and a clear owner for the process are enough to create momentum. Over time, this rhythm trains the audience to expect and trust your presence.
5) Replace Do It Yourself Overload With Structured Support
Perhaps the biggest lesson from Adekunle Gold’s evolution is that transformation accelerates when founders stop trying to do everything. AG’s shift became visible only when he built a team capable of executing his vision at a higher level. In business, the founder is often the bottleneck. Delegating critical brand functions such as design, writing, customer messaging, and advertising frees founders to think strategically instead of operating reactively.
Yet this is the area where founders hesitate the most. The concern is either financial pressure or fear that new collaborators may disrupt established culture. But support does not need to come from expensive full time hires. Fractional experts, short term contractors, and project based specialists can deliver outsized value with minimal risk. Starting with a three month engagement, defining clear expectations, and evaluating results through measurable KPIs makes delegation predictable rather than intimidating. When executed well, structured support does not dilute culture; it strengthens it by bringing clarity and discipline.
6) Sell Transformation Instead of Features
A powerful element of Adekunle Gold’s brand is that he sells a feeling, not just a product. His audience buys aspiration, confidence, and self expression. This approach is not limited to entertainment; it applies to business. Customers do not buy tools, apps, or services. They buy who they will become after using them. When founders shift their messaging from features to outcomes, their brand immediately resonates more deeply.
The worry is that emotional messaging may appear manipulative or exaggerated, but it is only misleading when unsupported. When emotional storytelling is grounded in real customer outcomes and measurable proof, it becomes one of the strongest ways to build trust. Clarity plus emotion equals credibility. By sharing honest stories, case studies with real numbers, and testimonials that reflect authentic transformation, founders communicate value in a way that aligns with human decision making.
7) Treat Rebranding as a Multi Year Story Instead of a One Time Event
Adekunle Gold’s rebrand worked because it unfolded in phases. Each era introduced new layers without overwhelming the audience. The same principle applies to businesses. A rebrand should not be treated as a one time event but as a multi year story with defined phases: one year for refining identity, another for audience expansion, another for partnerships and scale. This pacing protects resources and creates room for adaptation.
Founders often push back because they want immediate results, but long term planning does not eliminate short term wins. Each phase can produce quick improvements, such as higher conversions from a redesigned landing page or better lead quality from refreshed positioning. The long term narrative simply prevents reactive decisions and gives the brand space to grow responsibly. Quarterly reviews, clear KPIs, and flexible budgeting reduce uncertainty and keep the rebrand aligned with market reality.
A 90 Day Founder Friendly Starter Plan
Weeks 1 to 2: Audit and refresh your positioning. Update your home page or sales deck. Weeks 3 to 5: Do a brand shoot. Upgrade your key visuals. Launch a small campaign. Weeks 6 to 8: Begin a weekly content cadence. Repurpose each piece across platforms. Weeks 9 to 12: Engage a fractional expert. Track gains in conversions and lead quality.
Final Reassurance for Founders
Adekunle Gold’s rebrand was not magic. It was clarity, consistency, and the courage to evolve in public. That is the same formula available to any founder. Preserve your core identity, elevate your presentation, communicate predictably, expand deliberately, and support yourself with capable collaborators. Rebranding is not a reckless leap. It is a structured path to becoming the version of your brand that your next level of customers is already waiting for.
The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has disclosed that 221,996 applicants failed the final phase of its 2025 recruitment exercise—an online computer-based test (CBT)—despite completing earlier screening stages.
The recruitment drive covers four federal paramilitary agencies: the Nigeria Immigration Service (NIS), the Nigerian Correctional Service (NCoS), the Federal Fire Service (FFS), and the Nigeria Security and Civil Defence Corps (NSCDC).
According to figures released by the Board, more than 1.8 million applicants submitted entries between 14 July and 11 August 2025. Of these, 1,120,491 applications were deemed complete and progressed through the recruitment stages. The Board also recorded 432,935 incomplete submissions and disqualified 360,923 applications for various infractions.
The NIS accounted for the highest volume of submissions with 703,499 applications, followed by the NSCDC with 482,198. Other agencies recorded the following figures:
Nigerian Correctional Service: 406,491
Federal Fire Service: 165,212
CDCFIB Secretariat: 116,122
CBT Results and Candidate Performance
The nationwide online CBT, held between 12 and 19 November 2025, marked the third stage of the recruitment process. CDCFIB reported that 71.8% of shortlisted candidates sat for the examination, while 18.5% failed to appear. An additional 5.4% were flagged for violations during the test.
Performance data shows that most candidates scored between 61 and 80 points. The full breakdown is as follows:
0–40: 221,996 candidates
41–60: 229,155 candidates
61–80: 278,543 candidates
81–100: 142,697 candidates
State-by-State Participation
The Board noted strong national participation, with applications received from all 36 states and the Federal Capital Territory (FCT). Kogi, Kaduna, and Benue topped the list with the highest number of applicants, while Bayelsa, Rivers, and Lagos recorded the lowest.
Top 10 states with the highest applications:
Kogi – 116,378
Kaduna – 114,797
Benue – 110,776
Kano – 89,501
Niger – 78,916
Katsina – 77,598
Nasarawa – 75,995
Adamawa – 75,753
Oyo – 68,489
Plateau – 67,365
States with the lowest applications:
Bayelsa – 11,683
Rivers – 14,337
Lagos – 22,244
Ebonyi – 28,616
Delta – 29,316
FCT – 30,347
Ekiti – 31,154
Cross River – 31,742
Sokoto – 32,254
Edo – 32,363
Eligibility Standards
The 2025 recruitment exercise targeted Nigerian citizens aged 18 to 35 who meet specific physical, educational, and character requirements. Applicants were expected to possess at least five SSCE credits, maintain clean criminal records, and demonstrate sound physical and mental fitness. Higher qualifications in fields such as law, engineering, medicine, and technical disciplines were considered an added advantage.
The Dangote Group has announced a new strategic partnership with Honeywell International Inc. to accelerate the next phase of expansion of the Dangote Petroleum Refinery, with plans to increase processing capacity to 1.4 million barrels per day (bpd) by 2028.
The partnership, the company said, will deliver advanced technologies and specialised services aimed at transforming the Lekki-based refinery into the world’s largest integrated refining complex.
Under the agreement, Honeywell will provide a range of critical technologies — including specialised catalysts, processing equipment and proprietary systems — to enable the refinery to process a wider variety of crude grades more efficiently while improving product quality and operational reliability.
Honeywell, a global Fortune 100 industrial technology company, operates across sectors such as aviation, automotive, industrial automation and advanced materials. Its refining technology arm, Honeywell UOP, has been a key partner to Dangote since 2017, supplying catalyst regeneration units, high-performance column trays and heat-exchanger solutions used in the refinery’s core operations.
The Dangote Group also confirmed that it is expanding its petrochemical operations as part of the broader collaboration. Leveraging Honeywell’s Oleflex technology, the company will scale up its polypropylene production capacity to 2.4 million metric tonnes per annum.
Polypropylene is a critical industrial polymer used in packaging, consumer manufacturing, textiles and automotive components.
Fertiliser Capacity to Triple
Beyond refining and petrochemicals, the Group is advancing its fertiliser expansion agenda. Current urea production, which stands at 3 million metric tonnes annually from two production trains, will rise to 9 million metric tonnes with the addition of four new trains.
The expansion is expected to meet fast-growing demand for high-quality fertiliser across Nigeria, Africa and global markets, while strengthening the country’s agricultural value chain.
Strengthening Nigeria’s Energy Security
The Dangote Group reiterated its commitment to deepening Nigeria’s industrial capacity, boosting energy security and driving sustainable economic growth through long-term investments and global partnerships.
“Our mission is to deliver world-class industrial assets that position Nigeria as a competitive energy and manufacturing hub,” the company said, stressing that innovation and strategic collaboration remain central to its vision.
The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1465.00 per $1 on Wednesday, November 26th , 2025. The naira traded as high as 1441.00 to the dollar at the investors and exporters (I&E) window on Tuesday.
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1465 and buy at ₦1455 on Tuesday 25th November, 2025, according to sources at Bureau De Change (BDC).
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 Black Market Rate Today
Dollar to Naira (USD to NGN)
Black Market Exchange Rate Today
Selling Rate
₦1465
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The Nigeria Labour Congress (NLC) and the National Pension Commission (PenCom) have commenced strategic discussions to address persistent delays in pension payments and expand benefits under the Contributory Pension Scheme (CPS).
The dialogue, held in Abuja, is part of ongoing efforts by both institutions to improve the efficiency of the pension system, deepen collaboration, and restore confidence among contributors and retirees.
NLC President Joe Ajaero, who led the Labour delegation, described the engagement as a positive step toward resolving operational challenges and making the pension system more transparent and worker-friendly. He identified key issues undermining implementation, including the non-inauguration of a full PenCom Board, weak regulatory enforcement, and prolonged delays in retirees’ benefit payments.
Ajaero proposed the creation of a standing NLC–PenCom Committee to meet quarterly to review progress, address emerging issues, and serve as a rapid-response platform for workers’ grievances. He also urged decisive action against defaulting employers and inefficient Pension Fund Administrators (PFAs).
To improve pre-retirement access, Ajaero suggested increasing the allowable withdrawal from 25 percent to 50 percent for residential mortgage purposes and expanding eligibility to investments in agriculture, education, and healthcare. He emphasized the need to leverage technology and process improvements to ensure faster disbursement of lump-sum payments and monthly pensions.
: Nigeria’s CPS, established to provide social security for workers, has faced criticism for delayed payments, limited pre-retirement access, and gaps in coverage, especially for informal sector workers. Despite decades of operation, many retirees experience long waits before receiving benefits, and some employers have failed to remit contributions. Previous reforms have aimed to strengthen regulatory oversight, but challenges persist in governance, enforcement, and system efficiency.
Ajaero reaffirmed the NLC’s commitment to building a worker-centered pension system, stressing that contributors’ confidence is essential for the sustainability of the CPS. He expressed optimism that addressing governance, compliance, access, and efficiency issues would restore trust and improve welfare for Nigerian workers.
More than 60 former employees of Premium Pension Limited have filed a lawsuit at the National Industrial Court of Nigeria in Abuja, challenging their dismissal and alleging the company’s failure to pay their gratuities, exit packages, and other entitlements.
The claimants, led by Ibrahim Raji, Emmanuel Folorunsho, Mustapha Sulaiman, and Muhammed Ibrahim, are suing on behalf of themselves and 60 other former staff. They described their disengagement as unlawful, arbitrary, and carried out “with malice and bad faith,” arguing that Premium Pension failed to provide reasons for the terminations and has not settled their benefits despite repeated requests.
The former employees are seeking eight declaratory orders and nine monetary claims. They want the court to affirm that valid employment contracts existed until their dismissal and declare the terminations wrongful, illegal, and without proper notice or payment in lieu of notice. They are also demanding the payment of three months’ salary as stated in their disengagement letters, their exit and gratuity packages previously approved by the company’s board, and other entitlements without deductions for alleged liabilities.
According to the claimants, their disengagement letters, dated August 4, 2025, were backdated to July 29, 2025, with effect from August 1, 2025. They noted that they had resumed work in August and were therefore entitled to the annual education subsidy. They accused the company of backdating the letters deliberately to deny them earned benefits.
The former staff also claimed that Premium Pension refused to pay profit shares, performance, and productivity bonuses, despite prior payments to other departing staff. They said repeated attempts to resolve the matter through engagements with former Board Chairmen, including Alhaji Aliyu Abdurrahman Dikko, Ibrahim Alhassan Babayo, and Yunusa Yakubu, failed to yield results.
Premium Pension Limited, one of Nigeria’s leading pension fund administrators, operates under the Contributory Pension Scheme regulated by the National Pension Commission (PenCom). Disputes over unpaid benefits and delayed gratuities have occasionally arisen in the industry, highlighting ongoing challenges in enforcing pension and exit entitlements. The lawsuit underscores the growing concerns among employees and retirees regarding compliance with contractual and statutory obligations in Nigeria’s pension sector.
The claimants stated that Premium Pension’s actions have caused financial hardship and emotional distress for them and their dependents. They are seeking full legal redress and compensation for the alleged wrongful dismissals and unpaid entitlements.
salary of a woman. euro banknotes in hands on a green background. Income of women in European countries
The euro (EUR/USD) advanced on Tuesday, approaching $1.1557, its highest value since November 18, as global investors shifted away from the U.S. dollar following weaker-than-expected economic readings from the United States.
The dollar remained narrowly mixed against major G10 currencies amid delays in key economic releases and renewed anxiety surrounding potential political interference in U.S. financial agencies, including the Federal Reserve and the Bureau of Labor Statistics. These concerns contributed to declining confidence in the greenback.
Analysts at UBS noted that while they expect the dollar to weaken further in 2026 as U.S. real yields cool, any upward movement in the EUR/USD pair will likely stall around 1.20, with possible fluctuations on both sides. The firm’s baseline projection anticipates that interest rates and bond yields will continue to steer currency direction through 2026.
UBS also forecasts that the Federal Reserve will reduce its benchmark rate toward 3.00% in response to an anticipated economic slowdown and a softer labour market.
Market sentiment surrounding a potential December rate cut shifted sharply, with the probability now returning to around 80%, fuelled by increasingly dovish statements from several Fed officials. New York Fed President John Williams signalled that the central bank may soon adjust its policy stance, providing one of the clearest indications yet of a possible near-term easing.
Despite the shift in expectations, the dollar’s reaction remained subdued, although analysts say the currency appears vulnerable to downward pressure.
Fresh U.S. economic reports reinforced this outlook: retail sales for September rose below forecasts, while ADP’s latest employment data pointed to growing job losses in the four weeks ending November 8. Producer price inflation increased 0.3% month-on-month, aligning with market expectations.
These soft indicators, combined with dovish commentary from Federal Reserve members, strengthened consensus that the U.S. central bank is on track for its third rate cut of 2025 in December.
In contrast, the European Central Bank (ECB) is widely expected to maintain its benchmark rate throughout 2026, citing steady economic performance and inflation levels near the bank’s target.
Although ECB policymakers agree that the eurozone is “in a good place,” concerns persist over food and services inflation. Bundesbank President Joachim Nagel reiterated that vigilance remains essential.
The ECB left rates steady at 2.00% for the third consecutive meeting. With growth and inflation stabilising after earlier 200-basis-point rate cuts in the year, officials see little need for additional adjustments.
ECB President Christine Lagarde acknowledged a modest improvement in global stability, supported by the U.S.–China truce and selective rollback of U.S. tariffs, but warned that global uncertainty continues to cast a shadow over economic outlooks.
With the year drawing to an end, Nigeria’s financial sector is approaching one of its most defining turning points in more than ten years, as banks race against the clock to meet the Central Bank of Nigeria (CBN) recapitalisation mandate.
The apex bank’s compliance deadline has become a critical gauge of institutional strength, clearly highlighting the widening gap between institutions that are already on solid footing and those still struggling to align with the new capital regime.
At present, 16 banks have fully met the CBN’s capital requirements, signalling improved stability among top-tier players. However, several others face a more challenging road ahead, with compliance deadlines stretching into 2026. These banks may ultimately require mergers, strategic partnerships, asset conversion, or fresh capital injections to remain competitive when the new capital landscape takes full effect.
The divergence in readiness is already influencing investor choices on the Nigerian Exchange (NGX). Despite market fluctuations and sell pressure across several banking stocks, the industry index posted a modest 0.10% uptick on November 25, reflecting the sustained impact of the CBN’s hawkish monetary stance.
The tight policy environment—anchored on firm inflation control and disciplined liquidity management—has reinforced investor confidence in well-capitalised banks, even as weaker institutions face valuation strain.
As the recapitalisation drive reshapes the market, a new investment narrative is emerging: banks that have already secured compliance are beginning to trade at a stability premium, while those still navigating transitional risks present mixed opportunities that may reward investors capable of accurately interpreting market cycles.
Heading into 2025, Nigeria’s banking sector is undergoing a real-time transformation. Institutions that move swiftly, restructure early, and strengthen capital buffers are positioned not only to weather regulatory pressure but to define the next chapter of the country’s financial system. For investors, the message is direct — the banking sector is in motion, and timing could determine the scale of opportunity.
Nigeria generated a total of N2.06 trillion in Value Added Tax (VAT) during the second quarter of 2025, according to the latest VAT performance report released by the National Bureau of Statistics (NBS) on Tuesday in Abuja.
The report indicates that the Q2 figure reflects a slight 0.03% quarter-on-quarter decline from the N2.06 trillion recorded in the first quarter of 2025.
A breakdown of the Q2 data shows that local VAT collections amounted to N1.09 trillion, while foreign VAT inflows totalled N459.95 billion. Additionally, VAT on imports contributed N508.55 billion within the same period.
On sectoral performance, the bureau noted that real estate activities posted the fastest quarter-on-quarter expansion, rising 155.21%, followed by agriculture, forestry, and fishing activities, which increased by 23.64%. Information and communication also saw notable growth at 17.75%.
Conversely, human health and social work activities recorded the sharpest decline at –68.34%, while electricity, gas, steam, and air-conditioning supply declined by –45.20%. Water supply, sewerage, waste management, and remediation activities followed with a –29.36% contraction.
In terms of sectoral contributions to VAT in Q2 2025, manufacturing led with a 27.19% share, followed by information and communication at 20.76%, and mining and quarrying at 15.04%.
At the bottom of the chart were household activities as employers and producers of goods for own use, contributing 0.005%, alongside extraterritorial organisations at 0.02% and the water supply/waste management sector at 0.03%.
Despite the quarterly dip, VAT collections for Q2 2025 increased by 32.15% year-on-year when compared with the corresponding quarter of 2024.
The NBS also provided fresh clarity on Q1 2025 VAT performance, confirming that the first quarter of the year yielded N2.06 trillion, a 6.02% rise from the N1.95 trillion generated in Q4 2024.
During Q1, local payments stood at N1.10 trillion, foreign VAT payments were N454.76 billion, and import VAT totalled N507.00 billion.
Quarter-on-quarter analysis for Q1 showed electricity, gas, steam, and air-conditioning supply recording the strongest growth at 136.71%, followed by administrative and support services at 45.24%, and professional, scientific, and technical activities at 39.00%.
Extraterritorial organisations and bodies posted the weakest quarterly performance at –35.70%, while wholesale and retail trade, including motor vehicle repairs, recorded –14.51%, and real estate activities declined –11.54%.
Manufacturing (26.03%), information and communication (17.51%), and mining and quarrying (17.02%) emerged as the top three contributors in Q1 2025. Household activities as employers ranked lowest at 0.004%, with extraterritorial organisations at 0.02% and the water/waste management sector at 0.04%.
Overall, VAT revenue in Q1 2025 grew 44.24% year-on-year compared with Q1 2024.
The Nigerian naira registered notable gains in the official foreign exchange market as the Central Bank of Nigeria (CBN) intensified its FX interventions amid rising external reserves, bolstering investor confidence and easing pressure on the local currency.
The official exchange rate appreciated sharply following an additional round of FX injections, reflecting improved dollar availability for clearing eligible transactions. While the CBN did not officially publish the volume sold during the latest intervention, market sources confirmed that the Apex Bank supplied $150 million on Friday, pushing last week’s total FX support to $400 million.
According to updated figures released by the CBN, the official spot rate strengthened by 0.52%, closing at N1,446.32/$, an improvement from N1,453.84 the previous day.
Intraday charts showed the naira trading as high as N1,455 per dollar, a significant improvement from N1,462.50 quoted for international payments a day earlier. Some investment and commercial banks reported trades touching N1,441, marking the strongest intraday level.
The trading pattern suggested reduced pressure on the currency, echoing improved liquidity as the Central Bank maintains consistent intervention to stabilize the forex ecosystem.
However, the naira weakened in the parallel market, depreciating by 1.30% to N1,475/$, highlighting the persistent gap between the managed official window and the market-driven informal segment.
Meanwhile, Nigeria’s external reserves climbed to $44.459 billion as of Monday, supported by sustained inflows from crude oil sales, remittances, and other FX sources. Month-to-date, reserves have risen by $1.262 billion, up from $43.197 billion at the end of October.
Businessman working on laptop with PROPERTY MANAGEMENT inscription, new business concept
A real estate investor, Mr. China, has urged the governments of Rivers, Akwa Ibom and Abia states to jointly develop a regional economic triangle capable of rivaling — or surpassing — Lagos as Nigeria’s leading commercial hub.
The Managing Director of Housing and Construction Mayor Limited made the call at the end of a business tour in Akwa Ibom, stressing that the three states possess untapped assets which, if strategically integrated, could transform the economic landscape of the Gulf of Guinea region.
‘Only Region That Can Rival Lagos’
According to him, the proposed economic triangle holds unparalleled potential.
“The only place that can wrest economic power from Lagos is the Akwa Ibom–Abia–Rivers axis,” he said. “This corridor has more than Lagos if interconnected with smooth roads, functional ports, and fully unlocked blue economy opportunities. Not only can it compete with Lagos, but it can also outperform it.”
Mr. China, who is promoting the Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the corridor’s advantages include vast land assets, a thriving hydrocarbon base, and solid blue economy prospects.
Strategic Strengths of the Proposed Corridor
He explained that each state brings a unique economic strength that, when combined, would create a formidable regional powerhouse:
Aba, Abia State: The largest fabrication and manufacturing hub in West Africa, capable of supplying goods to the entire Gulf of Guinea.
Port Harcourt, Rivers State: A major access point to the Gulf of Guinea for off-taking manufactured goods, backed by river ports and existing industrial infrastructure.
Uyo, Akwa Ibom State: Hosts a deep seaport at Ibaka, an international airport, and expansive forest reserves to support large-scale agro-economy.
He noted that with river ports in Rivers State, the deep seaport in Akwa Ibom, and international airports in both states, Aba could focus on stable power supply and an industrial boom that would feed a rapidly expanding regional market.
The investor said a functional economic triangle would become a major trade node under the African Continental Free Trade Area (AfCFTA), attracting manufacturers from across Africa, creating thousands of jobs, and providing Nigeria with a second major commercial axis in West Africa — alongside Lagos.
He added that goods destined for Chad, Niger and Central African markets would be able to move either through Lagos or through the Ibaka–Port Harcourt corridor, giving Nigeria significant logistical leverage.
Governors Urged to Collaborate Beyond Politics
Mr. China called on the governors of the three states to put aside political differences and commit to a coordinated development plan.
He advocated an agreed list of interconnected projects — including highways, unified trade regulations, shared security architecture and investor-friendly concessions — to accelerate the corridor’s emergence.
He suggested the establishment of a dedicated commission to oversee the initiative, noting that traders from northern Nigeria were already using the Onne Port in Rivers State, a sign of the region’s growing commercial appeal.
The investor said residents of the three states are naturally industrious and peace-driven, adding that exposure to the opportunities within the triangle would significantly reduce violent tendencies and boost shared prosperity.
He maintained that the success of the project depends entirely on collaboration.
“One state alone cannot achieve this,” he said. “But a triad of the three states — working together, interconnected through ports, infrastructure and industrial parks — will create the biggest internally generated revenue base in Nigeria. The people will be the richest.”
He concluded that the envisioned economic triangle would serve as a major continental gateway, offering production capacity, certification systems, market access and efficient air and sea transport — all essential pillars of AfCFTA.
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a N4.24 trillion budget proposal for the 2026 fiscal year to the Lagos State House of Assembly, describing it as a strategic blueprint aimed at deepening inclusive economic growth across the state.
Presenting what he identified as his administration’s final full-year budget, the governor noted that the proposal builds on the gains of the 2025 Budget of Sustainability while aligning with the state’s long-term development vision. The 2026 spending plan has been christened “The Budget of Shared Prosperity.”
Sanwo-Olu explained that the proposal underscores his government’s commitment to reducing poverty, expanding opportunities, and ensuring that progress in Lagos is evenly distributed.
“Our intention is straightforward—the idea of shared prosperity should no longer be aspirational, but something residents feel tangibly in their daily lives,” he said.
The budget is structured around four pillars: people-centric development, modern infrastructure expansion, a competitive economy, and responsive governance, all anchored on the THEMES Plus Agenda.
The governor noted that Lagos remains Africa’s second-largest subnational economy after Cairo, a milestone he attributed to residents’ innovation, resilience, and the administration’s consistent reforms.
He highlighted major achievements recorded in 2025, including the hosting of Africa’s first E1 Electric Powerboat Grand Prix, winning hosting rights for the 2026 Creative Africa Nexus, and securing the 2027 Intra-African Trade Fair.
Sanwo-Olu also detailed progress across education, healthcare, transport, social welfare, agriculture, technology, and infrastructure. He noted the completion of more than 250 educational infrastructure projects, expansion of healthcare access, and broader coverage under the Lagos social protection register.
The state also completed several major road projects, enhanced water transport, and advanced new housing schemes. According to him, Lagos is now shifting from constructing infrastructure to creating an interconnected system that links roads, rail, waterways, power grids, and digital networks.
On economic development, the governor revealed that Lagos secured over N1 trillion in investment commitments in 2025 and signed a landmark MSME financing pact with the Bank of Industry. Additionally, the state unveiled the N500 billion Lagos Uptake Guarantee Fund to support food systems and ease household pressure.
He reiterated the administration’s focus on fiscal responsibility, transparency, and enhanced security, stating, “Good governance remains fundamental to development, and Lagosians must remain central in every decision.”
Commending the Lagos State House of Assembly for its collaboration, Sanwo-Olu said the 2026 budget will accelerate the state’s progress from stability to accelerated growth.
The proposed budget projects revenue of N3.99 trillion, with deficit financing of N243.33 billion. Internally Generated Revenue (IGR) is estimated at N3.12 trillion, while federal allocation stands at N874 billion.
Capital expenditure is set at N2.19 trillion, while recurrent expenditure amounts to N2.052 trillion, covering personnel, overhead costs, and debt servicing.
A breakdown shows allocations as follows:
General public services: N847.47 billion
Public order and safety: N147.040 billion
Economic affairs: N1.372 trillion
Environment: N235.957 billion
Housing: N123.760 billion
Health: N338.449 billion
Recreation: N54.682 billion
Education: N249.132 billion
Social protection: N70.024 billion
In 2025, the governor presented a budget of ₦3.37 trillion with ₦2.97 trillion revenue estimates.
