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Nigerian Treasury Bill Yields Rise Ahead of Inflation Data

By
Boluwatife Oshadiya
-

By Boluwatife Oshadiya | August 17, 2026

Key Points

  • Treasury bill benchmark yield rises 30 basis points week-on-week to 18.53%
  • Investors subscribe ₦4.41 trillion for ₦700 billion Treasury bill offer
  • 364-day bill stop rate climbs 24 basis points to 17.59% ahead of inflation data

Main Story

Nigerian Treasury bill yields rose last week as fixed-income investors repositioned portfolios ahead of the latest inflation data and fresh primary market supply.

The secondary Treasury bill market closed with a bearish bias, with yields rising across short-, medium- and long-term maturities. The average benchmark yield increased by 30 basis points week-on-week to 18.53%.

Investor positioning was influenced by expectations surrounding the inflation report and recent developments in the primary market. Analysts expect headline inflation to moderate further, citing macroeconomic changes including exchange-rate stability.

At the Central Bank of Nigeria (CBN) Treasury bill auction, investors submitted ₦4.414 trillion in subscriptions for ₦700 billion offered across the 91-day, 182-day and 364-day tenors. Total allotments reached ₦1.46 trillion, more than twice the initial offer.

Demand was strongest for the 364-day instrument, which attracted ₦4.19 trillion in subscriptions and received ₦1.26 trillion in allotments. Its stop rate consequently increased by 24 basis points to 17.59%.

The stop rates for the 91-day and 182-day bills remained unchanged at 16.30% and 16.50%, respectively.

Trading data showed yields increased by eight basis points in the short segment, 55 basis points in the mid segment and 45 basis points in the long segment on Friday.

The strong demand for the longer-dated bill indicates continued investor appetite for higher-duration instruments, although the increased stop rate suggests investors are demanding additional compensation for duration and reinvestment risks.

Activity in the Open Market Operations (OMO) bills segment also improved following the CBN’s revised participation framework.

What’s Being Said

Market participants are positioning around the inflation outlook, while the strong subscription levels at the Treasury bill auction point to sustained demand for Nigerian government securities. Analysts cited in the market report expect inflation to moderate further, partly supported by exchange-rate stability.

What’s Next

The release of the latest Consumer Price Index (CPI) data is expected to provide a clearer direction for fixed-income investors.

Investors will also monitor pricing at subsequent Treasury bill auctions to assess whether the repricing seen in the 364-day tenor will extend across the curve.

Bottom Line

The Bottom Line: Nigerian fixed-income investors remain willing to commit substantial funds to Treasury bills, but the rise in longer-tenor yields shows that demand is increasingly being matched by higher return expectations. The inflation print will be important in determining whether the recent upward repricing becomes a broader market trend.

Alake warns illegal miners against working abandoned pits

BREAKING: Edo Assembly Speaker Blessing Agbebaku resigns amid impeachment move

By
Ibe Wada
-

Key points

  • Edo State House of Assembly Speaker, Blessing Agbebaku, has resigned.
  • His resignation came amid moves by some lawmakers to impeach him.
  • His media aide, Ivy Adodo-Ebojele, confirmed the development on Facebook.
  • The circumstances surrounding his resignation have not been fully disclosed.
  • The resignation has triggered a fresh leadership crisis in the Edo Assembly.
  • Lawmakers are expected to determine a new Speaker.

Main Story

The Speaker of the Edo State House of Assembly, Blessing Agbebaku, has resigned from his position amid moves by some lawmakers to impeach him.

Agbebaku stepped down on Monday, according to a confirmation by his media aide, Ivy Adodo-Ebojele.

Adodo-Ebojele announced the development on Facebook, stating: “EDO ASSEMBLY SPEAKER RT HON CHIEF BLESSING AGBEBAKU RESIGNS.”

She added that further details on the circumstances surrounding the Speaker’s resignation would be made public later.

Agbebaku’s resignation has plunged the Edo State House of Assembly into a fresh leadership crisis, with lawmakers expected to begin moves to select his successor.

The development comes amid reported disagreements within the Assembly and attempts by some lawmakers to remove the Speaker from office.

Further details on the reasons for his resignation and the next steps by the lawmakers are expected to emerge.

The Issues

The circumstances behind Agbebaku’s resignation remain unclear.

The reported impeachment move suggests divisions among lawmakers.

The Assembly must now address the leadership vacuum created by the Speaker’s departure.

The process of selecting a new Speaker could further expose existing political divisions within the legislature.

The stability and effectiveness of the Assembly may depend on how quickly the leadership crisis is resolved.

What’s Being Said

Ivy Adodo-Ebojele, Media Aide to Blessing Agbebaku:

She confirmed the Speaker’s resignation and said further details about the circumstances surrounding his exit would be made public.

Blessing Agbebaku:

No direct statement from the former Speaker was contained in the initial report.

What’s Next

Members of the Edo State House of Assembly are expected to determine a new Speaker following Agbebaku’s resignation. Further developments are also expected regarding the reported impeachment moves and the circumstances that led to his departure.

Bottom Line

Blessing Agbebaku’s resignation has created a fresh leadership vacuum in the Edo State House of Assembly, coming at a time when some lawmakers were reportedly pushing for his impeachment. Attention will now shift to the Assembly’s choice of a new Speaker and whether the change will resolve or deepen the ongoing political tensions.

2026 World Wrestling championships: NWF sets up training camp in US

2026 World Wrestling championships: NWF sets up training camp in US

By
Ibe Wada
-
NWF President Bashir Adeniyi

Key points

  • The Nigerian Wrestling Federation (NWF) plans to establish a training camp at Iowa State University in the US.
  • The camp is part of preparations for the 2026 World Wrestling Championships in Astana, Kazakhstan.
  • The championships are scheduled for October 24 to November 1, 2026.
  • Nigerian wrestlers based in the US, including athletes studying there, are expected to participate.
  • Home-based wrestlers with valid US visas will also join the camp.
  • The programme will provide an opportunity to identify Nigerian-born wrestlers and emerging talents eligible to represent Nigeria.
  • Women’s Wrestling coach Purity Akuh welcomed the initiative, saying it would expose athletes to world-class facilities, coaches and competition.

Main Story

The Nigerian Wrestling Federation (NWF) has announced plans to establish a training camp at Iowa State University in the United States as part of preparations for the 2026 World Wrestling Championships in Astana, Kazakhstan.

The federation disclosed this in a statement issued in Abuja, saying its President, Bashir Adeniyi, had approved the establishment of the camp ahead of the championships scheduled for October 24 to November 1.

According to the NWF, the initiative is designed to bring together Nigerian wrestlers based in different parts of the US to train collectively and improve their preparation for the global competition.

Some of Nigeria’s top wrestlers currently studying in the US are expected to benefit from the programme, while home-based athletes with valid US visas will also participate.

The federation said the camp would not be restricted to established national team athletes, as new talents willing to join the national wrestling team would also be given an opportunity to participate.

It added that Nigerian-born athletes living in the US who are eligible and willing to represent the country would be allowed to join the programme. The initiative is expected to help the federation identify and integrate talented wrestlers of Nigerian descent into the national team structure.

Reacting to the development, Nigeria’s Women’s Wrestling coach, Purity Akuh, commended the federation for establishing the camp.

Akuh said the initiative would expose Nigerian wrestlers to world-class facilities, high-level competition and experienced athletes and coaches, which could improve their preparation ahead of the World Championships.

The Issues

  • Adequate preparation is critical for Nigeria’s wrestlers ahead of a major international championship.
  • Nigerian athletes based abroad may require structured platforms to remain connected to the national team.
  • Access to high-quality training facilities and international coaching can improve athletes’ competitiveness.
  • Identifying Nigerian-born talent abroad could strengthen the depth of the national wrestling team.
  • The federation will need to ensure that athletes selected for the camp receive adequate logistical and technical support.

What’s Being Said

Bashir Adeniyi, NWF President:

Adeniyi approved the establishment of the Iowa training camp as part of the federation’s preparations for the World Wrestling Championships in Kazakhstan.

Purity Akuh, Nigeria Women’s Wrestling Coach:

Akuh welcomed the initiative, saying the camp would expose Nigerian wrestlers to world-class facilities, high-level competition and some of the best athletes and coaches in the sport.

What’s Next

The NWF is expected to finalise arrangements for the Iowa training camp and bring together eligible Nigerian wrestlers based in the US alongside selected home-based athletes.

The camp will also provide an opportunity to scout Nigerian-born wrestlers who could strengthen the national team ahead of the October 24–November 1 World Championships in Astana.

Bottom Line

The proposed Iowa training camp represents a strategic move by the NWF to strengthen Nigeria’s preparation for the 2026 World Wrestling Championships while creating a pathway for Nigerian wrestlers in the US and emerging talents to contribute to the national team.

Tinubu says refinery reforms will deliver sustainable operations

Meta, FG launch AI academy with $5,000 startup funding

By
Boluwatife Oshadiya
-
$MMTLP: FINRA Silent As Investors Demand Action

By Boluwatife Oshadiya | August 17, 2026

Key Points

  • Meta partners with the Federal Government to launch AI Academy Nigeria under the 3MTT and NCAIR programmes
  • Ten startups will be shortlisted for an AI Startup Pitchathon, with two winners receiving $5,000 each and $2,000 in Meta advertising credits
  • The programme will offer AI skills development, a six-week developer bootcamp and opportunities for Nigerian startups to pitch internationally

Main Story

Meta has partnered with the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), 3 Million Technical Talent (3MTT), the National Centre for Artificial Intelligence and Robotics (NCAIR) and Robotics and Artificial Intelligence Nigeria (RAIN) to launch AI Academy Nigeria.

According to a statement issued by the partners on Monday, the initiative is designed to strengthen Nigeria’s artificial intelligence talent pipeline and support the development of the country’s AI innovation ecosystem.

The programme will provide developers, startups, students and early-career professionals with practical AI training, technical learning and startup support.

AI Academy Nigeria will operate through three tracks: AI Skills Development, an AI Startup Pitchathon and a six-week Developer Bootcamp. The programme is intended to move participants beyond theoretical knowledge by supporting the development of functional AI products and solutions.

The AI Startup Pitchathon will target early-stage Nigerian startups using Meta’s AI technologies to develop solutions to real-world problems. Applications close on August 21, 2026, with 10 startups expected to be shortlisted to pitch at GITEX Nigeria on September 3.

The two winning startups will each receive $5,000 in cash funding and $2,000 in Meta advertising credits. They will also receive an all-expenses-paid opportunity to represent Nigeria at Meta’s AI Summit in Istanbul, Türkiye, scheduled for November 23–24, 2026.

What’s Being Said

“Through this partnership, we are equipping developers, entrepreneurs, and young professionals with practical AI skills while creating pathways for innovation and globally competitive startups,” Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy, said.

Tijani said the initiative reflects the government’s commitment to developing Nigeria’s AI ecosystem through public-private partnerships and positioning the country as a leader in Africa’s digital economy.

“Nigeria is home to some of Africa’s most dynamic AI talent. What many founders and developers need is greater access to practical training, funding and platforms to build impactful solutions,” Sade Dada, Head of Public Policy, Anglophone West Africa at Meta, said.

Dr. Olushola Ayoola, Founder and Chief Executive Officer of RAIN, said the partnership demonstrates the importance of coordination between government, technology companies and local innovation organisations in expanding Nigeria’s AI capabilities.

What’s Next

  • Applications for the AI Startup Pitchathon close on August 21, 2026
  • Ten startups will be shortlisted to pitch at GITEX Nigeria on September 3, 2026
  • The two winning startups will represent Nigeria at Meta’s AI Summit in Istanbul on November 23–24, 2026

The Bottom Line:

AI Academy Nigeria moves the conversation around artificial intelligence from skills acquisition towards commercialisation by combining training, startup exposure, funding and international market access. For Nigeria, the effectiveness of the initiative will ultimately depend on whether participants can convert these opportunities into sustainable products, businesses and globally competitive AI solutions.

Navy disrupts three illegal refineries, recovers 85,000 litres of AGO in Rivers

Leadway unveils lifetime insurance plan for multi-generational families

By
Kehinde Victor
-

Key Points

  • Leadway Assurance has introduced a whole-of-life insurance product for families.
  • The plan covers policyholders and eligible dependants while providing living benefits.
  • Policyholders may access part of their cover for critical illness and major life goals.
  • Leadway says the product responds to changing family structures and financial responsibilities.

Main Story

Leadway Assurance has launched the Leadway Lifetime Plan, a whole-of-life insurance product designed to provide financial protection for families across generations.

Executive Director, Technical and Operations, Leadway Assurance, Olufunmilayo Amanwa, unveiled the product in Lagos.

Amanwa said the plan was developed in response to the growing financial responsibilities of Nigerians who support children, spouses, ageing parents and other relatives.

She said the traditional nuclear family structure no longer reflected the financial realities of many households, with some individuals supporting several generations simultaneously.

According to her, the new product combines lifelong protection with benefits that policyholders can access during their lifetime.

Amanwa said eligible policyholders and their spouses could, after five years of full premium payments and subject to the policy terms, access up to 50 per cent of their current sum assured following diagnosis of a covered critical illness.

She said the benefit was intended to provide financial support when serious illness places pressure on household income and savings.

The plan also allows eligible policyholders to access up to 50 per cent of the policy value for significant life goals after the premium payment period plus five years, subject to applicable conditions.

Mrs Rosetta Aryeetey, Head of Life Underwriting and Life Business at Leadway Assurance, said the product was developed after the company examined the changing needs of its customers.

She said customers increasingly required insurance products that could provide financial support during their lifetime rather than only paying benefits after death.

Aryeetey said the plan combines multi-life protection, living benefits, long-term value and flexibility to address different stages of customers’ financial lives.

She also highlighted the Escalation of Sum Assured option, which allows policyholders to increase their benefits by a fixed percentage as their financial needs change.

According to her, the feature enables customers to adjust their protection as their financial circumstances evolve.

Aryeetey said the Lifetime Plan differs from Leadway’s existing Family Benefit Plan because it combines multi-generational protection with financial benefits accessible during the policyholder’s lifetime.

She said the product was part of Leadway’s efforts to help families strengthen financial resilience and maintain stability while planning for the future.

The Issues

The product targets Nigerians with financial responsibilities extending beyond their immediate households and seeks to provide protection for multiple generations.

What’s Being Said

“The Leadway Lifetime Plan was built around this reality. It gives policyholders a way to extend continuous protection to the extended family.” – Olufunmilayo Amanwa, Executive Director, Technical and Operations, Leadway Assurance.

“The starting point for the Leadway Lifetime Plan was the customer. We looked closely at how families are structured today, how financial responsibilities are shared and the challenges customers face when they are responsible for several generations at the same time.” – Rosetta Aryeetey, Head, Life Underwriting and Life Business, Leadway Assurance.

What’s Next

Leadway Assurance will offer the Lifetime Plan as part of its life insurance solutions, with features allowing eligible customers to access benefits during their lifetime and adjust their level of protection.

Bottom Line

Leadway says the Lifetime Plan is designed to match the changing financial realities of Nigerian families by combining long-term protection with benefits that policyholders can use during their lifetime.

NUPRC explores crude, gas swap to cut costs, boost supply

PTAD pays N3.8bn pension arrears to 30,356 DBS retirees

By
Kehinde Victor
-

Key Points

  • PTAD says N3.8 billion in pension arrears has been paid to 30,356 DBS pensioners.
  • The payments followed a review of outstanding pension entitlements.
  • Beneficiaries are drawn from three pension departments under PTAD.
  • The directorate says it remains committed to timely and transparent payments.

Main Story

The Pension Transitional Arrangement Directorate (PTAD) has paid N3.8 billion in outstanding pension arrears to 30,356 pensioners under the Defined Benefit Scheme (DBS).

PTAD Head of Corporate Communications, Olugbenga Ajayi, disclosed this in a statement on Friday in Abuja.

He said the beneficiaries were pensioners under the Parastatals Pension Department (PaPD), Defunct and Transferred Agencies Pension Department (DTAPD), and Tertiary, Education and Health Pension Department (TEHPD).

According to Ajayi, the payments followed the Back-End Computation (BEC) Review Exercise carried out by PTAD.

He said the exercise was designed to review pension computations and resolve complaints concerning outstanding entitlements owed to DBS pensioners.

Ajayi said the latest payment reflected the directorate’s efforts to clear verified pension obligations and improve the welfare of pensioners under its mandate.

He quoted PTAD Executive Secretary, Tolulope Odunaiya, as appreciating the beneficiaries for their cooperation during the review exercise.

Odunaiya also reaffirmed PTAD’s commitment to ensuring that verified pension entitlements were paid in a timely, transparent and accountable manner.

She said the payment was consistent with the commitment of President Bola Tinubu’s administration to addressing pension-related challenges and strengthening pension administration under the DBS.

The Issues

The payment follows PTAD’s review of pension computations and outstanding entitlements arising from complaints by DBS pensioners.

What’s Being Said

“The payment reflects the commitment of the present administration to addressing pension-related issues and strengthening pension administration under the Defined Benefit Scheme.” – Tolulope Odunaiya, Executive Secretary, PTAD.

What’s Next

PTAD says it will continue efforts to ensure timely and transparent payment of verified pension entitlements under the DBS.

Bottom Line

The N3.8 billion payment is part of PTAD’s efforts to settle verified pension arrears and address outstanding obligations to DBS pensioners.

Week 8 Pool Result for Sat 22, Aug 2026, UK 2026/2027

CIS urges insurers to turn fresh capital into lasting value

By
Kehinde Victor
-
CIS Investors Market

Key Points

  • CIS says recapitalisation should mark a new phase for insurance companies.
  • Insurers are advised to pursue profitable business instead of rapid expansion.
  • Investors should focus on financial performance and other fundamentals.
  • Stronger balance sheets should support innovation and wider insurance coverage.

Main Story

The Chartered Institute of Stockbrokers (CIS) has urged insurance companies that recently completed recapitalisation to focus on building sustainable businesses rather than rushing to expand.

Dr Benneth Eze, Head of Research and Development at CIS, gave the advice in an interview with the News Agency of Nigeria (NAN) in Lagos.

Eze said the additional capital should be deployed carefully to protect shareholders’ funds and strengthen the long-term performance of the companies.

He said insurers needed to place greater emphasis on disciplined underwriting, efficient claims management, sound operations and returns that reflected the risks taken.

Rather than measuring success by the amount of business written, Eze said companies should concentrate on securing profitable business that could support sustainable growth.

He also urged boards and management teams to be transparent with shareholders about how the new funds were being invested and the returns expected from them.

According to him, investors should not assume that a successful recapitalisation automatically makes an insurance company a good investment.

He advised them to examine factors including earnings quality, return on equity, solvency, asset quality, liquidity, underwriting results, corporate governance, dividend sustainability and valuation.

Eze said insurance companies should also use the stronger capital base to improve their technology, workforce, data capabilities and distribution networks.

He noted that the real assessment of the recapitalisation would come from the companies’ financial performance over the next few reporting periods.

He said insurers would need to demonstrate that the new capital was translating into stronger underwriting results, sustainable profits, competitive returns and improved claims management.

Eze also encouraged companies to use their financial strength to develop insurance products that address the actual risks faced by households and businesses.

The Issues

The recapitalisation has strengthened insurers’ capital positions, but the next challenge is ensuring that the funds generate sustainable returns rather than simply supporting larger business volumes.

What’s Being Said

“My advice to recapitalised insurance firms would be simple: do not treat recapitalisation as the destination; treat it as the beginning of the next phase of the industry.” – Dr Benneth Eze, Head of Research and Development, CIS.

“Regulatory compliance is only the minimum standard.” – Dr Benneth Eze, Head of Research and Development, CIS.

What’s Next

Insurance companies are expected to demonstrate through future financial results whether the additional capital is improving profitability, underwriting performance, returns and claims outcomes.

Bottom Line

CIS says the true measure of recapitalisation will be whether insurers can convert stronger capital positions into profitable, well-managed businesses that deliver lasting value to shareholders and greater protection to customers.

Navy disrupts three illegal refineries, recovers 85,000 litres of AGO in Rivers

Week 8 Pool Result for Sat 22, Aug 2026, UK 2026/2027

By
Boluwatife Oshadiya
-
Week 8 Pool Fixtures for Sat 27 Aug 2022 – UK 2022/2023

Week 8 pool results 2026: Football pools results, live football pool result today, pool result today saturday matches, pool results and live score pool result today. We publish half-time results first of its kind.

Week 8 Pool Results 2026: Football pools results for this week 8 2026 are published on this website immediately after full-time confirmation of live score results. We also publish the outcome of postponed matches by the football pools panel at half-time as decided by the football pools. This week’s Week 8 pool Results are made available in partnership with Bizwatch Nigeria.

WEEK: 8; SEASON: UK 2026/2027; DATE: 22-August-2026
№Football Pools ResultsHTFTStatus
1Hull CityMan United-:--:-EKO
2EvertonCrystal P.-:--:-Saturday
3IpswichSunderland-:--:-Saturday
4NottinghamLeeds Utd.-:--:-Saturday
5BrentfordTottenham-:--:-LKO
6BirminghamBristol C.-:--:-EKO
7LincolnPortsmouth-:--:-EKO
8MillwallNorwich-:--:-EKO
9BlackburnMiddlesbro-:--:-Saturday
10DerbyCardiff-:--:-Saturday
11PrestonWolves-:--:-Saturday
12Q.P.R.Bolton-:--:-Saturday
13SouthamptonStoke-:--:-Saturday
14SwanseaSheff Utd.-:--:-Saturday
15West HamCharlton-:--:-Saturday
16WrexhamWatford-:--:-Saturday
17DoncasterBarnsley-:--:-EKO
18LutonNotts Co.-:--:-EKO
19A. WimbledonReading-:--:-Saturday
20BromleyCambridge U.-:--:-Saturday
21LeicesterBurton A.-:--:-Saturday
22Milton K.D.Huddersfield-:--:-Saturday
23PeterboroMansfield-:--:-Saturday
24StevenageOxford Utd.-:--:-Saturday
25StockportBlackpool-:--:-Saturday
26Wigan A.Leyton O.-:--:-Saturday
27WycombePlymouth-:--:-Saturday
28Bristol R.Newport Co.-:--:-EKO
29Salford C.Chesterfield-:--:-EKO
30WalsallGrimsby-:--:-EKO
31ColchesterOldham-:--:-Saturday
32CreweNorthampton-:--:-Saturday
33ExeterAccrington-:--:-Saturday
34FleetwoodGillingham-:--:-Saturday
35Port ValeTranmere-:--:-Saturday
36RochdaleCrawley-:--:-Saturday
37RotherhamYork City-:--:-Saturday
38ShrewsburyBarnet-:--:-Saturday
39SwindonCheltenham-:--:-Saturday
40Ath BilbaoSevilla-:--:-LKO
41ValenciaCelta Vigo-:--:-LKO
42EspanyolReal Madrid-:--:-LKO
43InterMonza-:--:-LKO
44UdineseComo-:--:-LKO
45GenoaSSC Napoli-:--:-LKO
46ParmaCagliari-:--:-LKO
47HibernianKilmarnock-:--:-Saturday
48MotherwellAberdeen-:--:-Saturday
49Dundee Utd.Dundee FC-:--:-LKO
Week 10 Football Pools Fixtures: Saturday September 5 2026

Week 7 Pool Result for Sat 15, Aug 2026, UK 2026/2027

By
Boluwatife Oshadiya
-
Week 7 Pool Fixtures for Sat 20 Aug 2022 – UK 2022/2023

Week 7 pool results 2026: Football pools results, live football pool result today, pool result today saturday matches, pool results and live score pool result today. We publish half-time results first of its kind.

Week 7 Pool Results 2026: Football pools results for this week 7 2026 are published on this website immediately after full-time confirmation of live score results. We also publish the outcome of postponed matches by the football pools panel at half-time as decided by the football pools. This week’s Week 7 pool Results are made available in partnership with Bizwatch Nigeria.

WEEK: 7; SEASON: UK 2026/2027; DATE: 15-August-2026
№Football Pools ResultsHTFTStatus
1Bristol C.Millwall0-:-10-:-2Away
2CharltonDerby0-:-12-:-1Home
3MiddlesbroLincoln0-:-12-:-1Home
4NorwichWest Brom0-:-01-:-2Away
5PortsmouthQ.P.R.1-:-31-:-3Away
6StokeSwansea1-:-11-:-2Away
7Sheff Utd.Birmingham0-:-00-:-0noScoreDraw
8WatfordSouthampton2-:-02-:-1Home
9BurnleyWest Ham0-:-12-:-2ScoreDraw
10BarnsleyBromley0-:-00-:-1Away
11BlackpoolWycombe0-:-11-:-1ScoreDraw
12Bradford C.Peterboro0-:-02-:-0Home
13Burton A.Stevenage0-:-01-:-1ScoreDraw
14Cambridge U.Wigan A.2-:-03-:-2Home
15HuddersfieldA.Wimbledon2-:-03-:-0Home
16Leyton O.Sheff Wed.1-:-11-:-2Away
17MansfieldDoncaster1-:-02-:-1Home
18PlymouthStockport0-:-21-:-3Away
19Dep. AlavesGetafe0-:-03-:-0Home
20SevillaR. Vallecano0-:-12-:-1Home
21R. SantanderVillarreal2-:-22-:-2ScoreDraw
22EspanyolLevante2-:-03-:-0Home
23Celta VigoOsasunaVoidPPHome
24Academico V.Santa Clara0-:-10-:-1Away
25Rio AveFC Porto0-:-10-:-2Away
26FamalicaoMaritimo1-:-11-:-2Away
27NacionalEstoril0-:-02-:-0Home
28BragaGil VicenteVoidPPHome
29Casa Pia ACBenficaVoidPPAway
30FC UtrechtAZ Alkmaar0-:-11-:-4Away
31ExcelsiorPSV0-:-11-:-2Away
32FC TwentePEC Zwolle1-:-13-:-1Home
33FeyenoordG.A. Eagles2-:-02-:-2ScoreDraw
34AjaxHeerenveen2-:-12-:-2ScoreDraw
35Union SGZ. Waregem0-:-00-:-0noScoreDraw
36GenkWesterlo2-:-23-:-2Home
37OH LeuvenClub Brugge0-:-10-:-3Away
38SK BeverenAnderlecht1-:-01-:-0Home
39RAAL LouviereGent1-:-11-:-2Away
40KV MechelenSt’d Liege1-:-23-:-3ScoreDraw
41A. LustenauWolfsberger2-:-12-:-1Home
42HartbergAustria Wien0-:-10-:-2Away
43WSG TirolSalzburg0-:-20-:-3Away
44Rapid WienGrazer AK5-:-08-:-0Home
45KasimpasaTrabzonspor0-:-11-:-1ScoreDraw
46KonyasporRizespor0-:-00-:-1Away
47GenclerbirligiFenerbahce1-:-12-:-1Home
48I. BasaksehirKocaelispor1-:-02-:-0Home
49BesiktasEyupspor1-:-01-:-0Home
Week 10 Football Pools Fixtures: Saturday September 5 2026

NUPRC explores crude, gas swap to cut costs, boost supply

By
Kehinde Victor
-

Key Points

  • NUPRC is consulting stakeholders on a domestic crude and gas swap arrangement.
  • The proposed system is expected to reduce logistics costs and improve product availability.
  • Local refiners received 53.7 million barrels of crude in Q2 2026.
  • NMDPRA supports strategic reserves to strengthen energy security and price stability.

Main Story

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is working with industry stakeholders on a proposed domestic crude oil and gas swap arrangement aimed at reducing costs and improving product availability.

NUPRC Chief Executive, Oritsemeyiwa Eyesan, disclosed this during a courtesy visit to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Abuja.

Eyesan said the arrangement was still being discussed with stakeholders and would be implemented after the necessary modalities had been agreed.

She said the proposed mechanism could also improve compliance with the Domestic Crude Supply Obligation (DCSO) and Domestic Gas Supply Obligation, with coordination involving the Gas Aggregation Company Nigeria Limited (GACN).

Recent NUPRC figures showed that domestic crude deliveries to local refineries had improved significantly.

Local refiners received 53.7 million barrels of crude between April and June, representing 97.4 per cent performance for the second quarter of 2026.

Despite the improvement, Nigeria continues to import crude oil, prompting discussions on how domestic supply arrangements can be made more efficient.

Eyesan explained that a swap system could allow producers and off-takers to exchange supply obligations based on their locations instead of transporting crude over long distances.

She said discussions on applying the arrangement specifically to crude oil were still at an early stage.

Eyesan also pledged closer cooperation between NUPRC and NMDPRA to improve the performance of the petroleum sector.

The Issues

Although domestic crude supply to local refiners has improved, the continued need for crude imports has raised questions about the efficiency and cost of existing supply arrangements.

What’s Being Said

“How the swap works is that I have an obligation somewhere and I am close to an export facility. Somebody else has an obligation inland and his own facility is close to a domestic off-taker. So, instead of trying to move from one end to the other, we just agree on a swap arrangement and there is a mechanism for them netting off.” – Oritsemeyiwa Eyesan, NUPRC Chief Executive.

What’s Next

NUPRC is expected to continue consultations with industry stakeholders and finalise the framework for the proposed swap arrangement.

Bottom Line

The proposed crude and gas swap could help reduce supply and transportation costs while improving compliance with domestic supply obligations and the availability of petroleum products.

Tinubu says refinery reforms will deliver sustainable operations

Navy disrupts three illegal refineries, recovers 85,000 litres of AGO in Rivers

By
Kehinde Victor
-

Key Points

  • Navy troops disrupted three illegal refining sites in Egbema, Rivers.
  • About 85,000 litres of suspected illegally refined AGO were recovered.
  • The operation followed intelligence on renewed illegal refining activities.
  • Navy says sustained operations are limiting the reactivation of illegal refining sites.

Main Story

The Nigerian Navy has shut down three illegal refining sites in Rivers State and recovered about 85,000 litres of products suspected to be illegally refined Automotive Gas Oil (AGO).

The operation was carried out by personnel of Nigerian Navy Ship (NNS) PATHFINDER under Operation DELTA SENTINEL in the Egbema area of Ogba-Egbema-Ndoni Local Government Area.

Director of Naval Information, Capt. Abiodun Folorunsho, disclosed this in an operational report issued on Sunday in Abuja.

He said the operation followed intelligence indicating that criminal groups were continuing illegal refining activities in the area.

According to him, the naval team found three refining locations containing eight dugout pits, sacks and reservoirs holding the suspected illegally refined products.

The recovered materials and the affected sites were dealt with in line with established procedures for tackling crude oil theft and illegal refining.

The latest operation came about two weeks after NNS PATHFINDER also disrupted two illegal refining sites in the area on Aug. 3.

Folorunsho said the repeated operations were aimed at preventing illegal refining operators from rebuilding facilities and establishing new footholds in the area.

He said continued pressure on the networks had contributed to a reduction in the reactivation of previously disrupted illegal refining sites.

The Issues

Illegal refining and crude oil theft remain a challenge to Nigeria’s oil industry, with security agencies continuing operations to dismantle illicit production facilities and petroleum supply networks.

What’s Being Said

“The repeated disruption of illegal refining activities in the area reflects the navy’s sustained efforts to prevent criminal elements from regaining operational footholds and rebuilding illicit refining infrastructure.” – Capt. Abiodun Folorunsho, Director of Naval Information.

What’s Next

The Navy said it would continue operations against illegal refining networks while protecting critical oil and gas infrastructure and national economic assets.

Bottom Line

The latest operation is part of sustained naval efforts to disrupt illegal petroleum production in Rivers and prevent operators from rebuilding refining sites after previous facilities have been dismantled.

Tinubu says refinery reforms will deliver sustainable operations

China-Egypt lab drives solar technology development in Africa

By
Kehinde Victor
-
China Records Drop In Birth Rate

Key Points

  • Joint laboratory is supporting solar research and photovoltaic technology development in Egypt.
  • Egypt produced its first locally made half-cut solar cell in 2023.
  • The facility has developed solar applications for electricity, water pumping and purification.
  • Partners plan to turn the laboratory into a regional renewable energy innovation centre.

Main Story

A China-Egypt research partnership is helping to expand photovoltaic technology development and local solar manufacturing in Egypt.

The China-Egypt Belt and Road Joint Laboratory on Renewable Energy, located on Karaman Island in Sohag, southern Egypt, brings together researchers from both countries to develop and test solar technologies.

The facility operates in cooperation with Egypt’s Academy of Scientific Research and Technology (ASRT) and has established research and production capabilities covering several stages of photovoltaic development.

One of its major achievements came in October 2023, when Egypt produced its first locally manufactured half-cut solar cell. The country followed this with its first locally produced high-efficiency half-cell solar module the following month.

Mohamed Zahran, an ASRT professor, attributed the breakthroughs partly to the laboratory’s support for research and local production.

The laboratory has equipment for photovoltaic manufacturing and testing, alongside facilities designed to support research under desert conditions.

The partnership combines Egypt’s strong solar resource with China’s experience in photovoltaic technology, equipment and supply chains. Egypt receives about 3,000 hours of full sunshine annually, creating favourable conditions for solar power development.

Researchers have also used the facility to develop demonstration projects covering both grid-connected and off-grid solar systems. Other applications include solar-powered water pumping and water purification.

Aref Eliwa, an ASRT professor, said the laboratory had created a platform for scientists from both countries to work jointly on technologies suited to Egypt’s environmental conditions.

The collaboration has also focused on technical challenges affecting solar-cell performance, including issues associated with high-resistance dense-grid cells.

According to the researchers, the work has contributed to improving cell efficiency and developing photovoltaic products better suited to local solar conditions.

The partners are now looking to expand the laboratory beyond research and testing by developing it into a regional renewable energy innovation centre.

The planned expansion will cover joint research, technology demonstrations, technical training and the promotion of renewable energy solutions.

The Issues

Egypt is seeking to expand its domestic solar technology capabilities while adapting photovoltaic products to its environmental conditions. The China-Egypt partnership provides technical expertise and research infrastructure to support that effort.

What’s Being Said

“The joint lab is the core driver behind these achievements, providing comprehensive support for our technological breakthroughs and independent production.” – Mohamed Zahran, professor at the Academy of Scientific Research and Technology.

“Through the invaluable platform of the joint lab, scientists from China and Egypt can carry out deep cooperation and drive joint innovation.” – Aref Eliwa, professor at the Academy of Scientific Research and Technology.

What’s Next

The partners plan to develop the laboratory into a regional renewable energy innovation centre, with expanded research, technology demonstration, training and renewable energy activities.

Bottom Line

The China-Egypt laboratory is moving beyond solar research into local technology development and manufacturing, with plans to use the facility as a platform for renewable energy innovation across Egypt and potentially the wider African market.

FGNPC backs STEM camp to build future power sector talent

Tinubu says refinery reforms will deliver sustainable operations

By
Kehinde Victor
-

Key Points

  • Tinubu says government-owned refineries are being restructured for commercial viability.
  • He says CNG expansion must translate into lower costs for Nigerians.
  • NUPENG raises concerns over the casualisation of oil and gas workers.
  • Tinubu says subsidy savings are supporting infrastructure and economic reforms.

Main Story

President Bola Tinubu has said the Federal Government is working to make its refineries economically viable as part of broader reforms in the petroleum sector.

Tinubu spoke on Thursday at the Presidential Villa, Abuja, while meeting a delegation from the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), led by its President, Sulaimon Oladiti.

The president said the government was reviewing the financial and operational structure of the refineries to ensure that their return to production would translate into lasting economic value.

He said simply getting the facilities running would not be enough, stressing that their operations must eventually justify the resources committed to them.

Tinubu said his administration had inherited longstanding problems in the sector and had taken responsibility for addressing them.

He also discussed the government’s Compressed Natural Gas (CNG) programme, saying its expansion was intended to ease transportation costs and improve the country’s energy security.

The president, however, expressed concern that the financial benefits of the programme were not reaching commuters quickly enough.

He said transport operators benefiting from cheaper CNG should pass the gains on to passengers.

Tinubu also credited economic reforms, including the removal of fuel subsidy, with creating fiscal space for government investment in infrastructure.

He cited the Lagos-Ibadan Expressway, Abuja-Kaduna-Kano Road and Sokoto-Badagry Highway among projects receiving funding following the reforms.

The president appealed for continued public support and patience, arguing that the benefits of the reforms would require time to fully emerge.

Oladiti, in his remarks, raised concerns about the employment practices of some oil and gas companies, particularly the use of casual workers in the upstream sector.

He said NUPENG had raised the matter with some companies without achieving the desired outcome and asked Tinubu to intervene.

The union leader also welcomed the efforts to restore the refineries and called for the rehabilitation of depots operated by the Nigerian Pipelines and Storage Company.

The Issues

The government is attempting to balance refinery rehabilitation with the need to ensure that the facilities eventually operate without continued dependence on public funds.

What’s Being Said

“The refineries that you mentioned are going to come back to work.” – President Bola Tinubu.

“Whatever benefit that is coming from CNG is going into the pockets of truck owners. It is not spreading as fast as I would like it, but it should spread.” – President Bola Tinubu.

What’s Next

The government is expected to continue work on the refinery reforms and expand the CNG programme, while NUPENG is seeking action against casualisation in the oil and gas industry.

Bottom Line

Tinubu said the government’s priority was not merely to restart the refineries but to put them on a stronger economic footing so they can operate sustainably.

Police arrest man for allegedly setting wife ablaze in Kogi

Week 10 Football Pools Fixtures: Saturday September 5 2026

By
Boluwatife Oshadiya
-
Week 10 Pool Fixture for Saturday 3 September 2022 – UK 2022/2023 Season

Now you can find the Week 10 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 10 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

Pool Fixtures For This Week: 10; SEASON: UK 2026/2027
№Advance Pool FixturesStatus
1
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4
5
6
7
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10
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14
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18
19
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Dollar To Naira Exchange Rate Today, August 17th, 2026

Week 9 Football Pools Fixtures: Saturday August 29 2026

By
Boluwatife Oshadiya
-
Week 9 Pool Fixtures for Sat 3 Sept 2022 – UK 2022/2023

Now you can find the Week 9 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 9 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

WEEK: 9; SEASON: UK 2026/2027; DATE: 29-08-2026
№Pools FixturesStatus
1LiverpoolNottinghamEKO
2BournemouthEvertonSaturday
3CoventryHull CitySaturday
4TottenhamNewcastleLKO
5DerbySwanseaEKO
6MiddlesbroWest BromEKO
7WolvesStokeEKO
8BlackburnQ.P.R.Saturday
9BoltonLincolnSaturday
10Bristol CityPortsmouthSaturday
11CardiffSheff UnitedSaturday
12CharltonPrestonSaturday
13NorwichBurnleySaturday
14SouthamptonMillwallSaturday
15WatfordWest HamSaturday
16BlackpoolPeterboroEKO
17Milton K.D.LeicesterEKO
18Cambridge U.HuddersfieldSaturday
19Leyton O.BarnsleySaturday
20Notts CountyBurton A.Saturday
21PlymouthBradford C.Saturday
22Sheff Wed.BromleySaturday
23StevenageDoncasterSaturday
24StockportWycombeSaturday
25BarnetCheltenhamEKO
26Port ValeCreweEKO
27RotherhamChesterfieldEKO
28ColchesterRochdaleSaturday
29CrawleyBristol R.Saturday
30GillinghamNorthamptonSaturday
31GrimsbyFleetwoodSaturday
32Newport Co.TranmereSaturday
33OldhamSwindonSaturday
34ShrewsburySalford CitySaturday
35WalsallAccringtonSaturday
36York CityExeter CitySaturday
37CelticFalkirkSaturday
38Dundee FCHibernianSaturday
39HeartsSt. J’StoneSaturday
40KilmarnockDundee Utd.Saturday
41St. MirrenMotherwellSaturday
42LevanteReal BetisLKO
43R. SociedadEspanyolLKO
44SevillaAtl MadridLKO
45FC KoelnHoffenheimEKO
46Mainz 05PaderbornEKO
47RB LeipzigBorussia MGEKO
48Union BerlinE. FrankfurtEKO
49B. DortmundHamburger SVLKO
Dollar To Naira Exchange Rate Today, August 17th, 2026

Refinery rehabilitation must deliver profit, accountability, says Iledare

By
Kehinde Victor
-

Key Points

  • Wumi Iledare says refinery revival should be judged by commercial performance, not just production.
  • He wants clear targets and timelines for Port Harcourt, Warri and Kaduna refineries.
  • He says crude supply must be reliable and competitively priced.
  • Iledare warns that poor planning could lead to another costly rehabilitation cycle.

Main Story

Petroleum economist Prof. Wumi Iledare has urged the Federal Government to ensure that the rehabilitation of the country’s state-owned refineries is backed by a commercially viable operating plan.

Iledare said returning the Port Harcourt, Warri and Kaduna refineries to production would have little value if the facilities continued to depend on government funding without generating sufficient returns.

He spoke with the News Agency of Nigeria (NAN) on Sunday in Lagos, following President Bola Tinubu’s recent assurance that the government was working to restore the refineries to sustainable operations.

Tinubu had said on Aug. 13 that the facilities were undergoing restructuring and technical assessments as part of efforts to make them productive and profitable.

Iledare said the government should set specific deadlines and measurable targets for the facilities rather than treating the resumption of production as the end goal.

He also called for public disclosure of key information, including the amount being invested, expected production levels and the milestones against which the rehabilitation programme would be assessed.

According to him, the refineries require professional management and sufficient funds for maintenance if they are to remain operational after rehabilitation.

He said their business structure should also give managers enough operational independence while ensuring that performance is regularly assessed.

Iledare identified crude availability and pricing as another major issue that would determine whether the refineries could remain commercially viable.

He said the government needed to establish predictable arrangements for supplying crude to the facilities and ensure that the cost of the feedstock did not undermine their ability to compete.

The petroleum economist said production figures alone would not provide an adequate assessment of the refineries.

He said factors such as operating expenses, the quantity and quality of refined products, capacity utilisation and profit margins should form part of the evaluation.

Iledare also stressed the need to determine whether the refineries could compete effectively with other sources of petroleum products once they resume operations.

He warned that failure to address these issues could leave the country repeating a familiar pattern in which refineries undergo rehabilitation, operate for a period, shut down and require further public funding.

The Issues

The government faces the challenge of ensuring that billions of naira committed to refinery rehabilitation translate into sustainable and commercially viable operations.

What’s Being Said

“Politics must not trump economics.” – Prof. Wumi Iledare, Professor Emeritus of Petroleum Economics and Policy Research, Louisiana State University.

“The real policy test is whether they can function efficiently, competitively, sustainably and profitably without becoming a recurring burden on the public purse.” – Prof. Wumi Iledare.

What’s Next

The government is expected to proceed with the restructuring and technical assessment of the state-owned refineries while establishing the framework for their future operations.

Bottom Line

Iledare said the success of the refinery programme should ultimately be measured by whether the facilities can operate efficiently, compete in the market and justify the capital invested in them, rather than simply by whether they resume production.

Tinubu celebrates Babangida at 85, hails his national contributions

Dollar To Naira Exchange Rate Today, August 17th, 2026

By
Boluwatife Oshadiya
-
Stears Africa FX Monitor Predicts Continued Naira Volatility

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 1360 per $1 on Monday, August 17th 2026. The naira traded as high as 1356 to the dollar at the investors and exporters (I&E) window on Sunday. This is brought to you by Bizwatch Nigeria.

How much is a dollar to naira today in the black market?

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 ₦1420 and buy at ₦1407 on Saturday 15th  August, 2026, 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₦1420
Buying Rate₦1407

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)CBN Rate Today
Highest Rate₦1360
Lowest Rate₦1356

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

Tinubu Celebrates Babangida at 85, praises his legacy

FGNPC backs STEM camp to build future power sector talent

By
Kehinde Victor
-

Key Points

  • FGNPC supported the Visiola Foundation’s 2026 STEM Summer Camp.
  • Students developed renewable energy prototypes during the programme.
  • FGNPC says early STEM investment is important to Nigeria’s energy transition.
  • The company says partnerships are needed to strengthen technical capacity in the power sector.

Main Story

The FGN Power Company (FGNPC) has reaffirmed its commitment to developing technical capacity and encouraging innovation in Nigeria’s electricity sector through its support for the Visiola Foundation’s 2026 Science, Technology, Engineering and Mathematics (STEM) Summer Camp.

The week-long programme, which ended with a closing competition in Abuja, exposed participating students to practical applications of STEM and renewable energy.

Participants designed and built renewable energy prototypes before presenting their projects to a panel of judges.

FGNPC Managing Director, Kenny Anuwe, served as Chief Judge at the closing competition and assessed the projects based on technical understanding, presentation, creativity, usefulness and potential impact.

Anuwe said developing young Nigerians was essential to building the technical workforce required to transform the power sector.

He said FGNPC could not drive the development of the sector alone and would continue to work with public and private organisations involved in capacity building.

The company said its support for the camp was consistent with its broader efforts to develop engineers and other professionals needed in the electricity industry.

Anuwe also highlighted FGNPC’s Siemens Energy Education & Development and Power Training Institute workstreams, which focus on strengthening engineers’ skills in areas including power system simulation, network studies and system planning.

He said the participation of private companies, non-governmental organisations and financiers remained important to addressing challenges in the power sector.

The company said the students were assessed on their ability to identify renewable energy challenges, develop functional solutions and explain the technology behind their prototypes.

It added that the programme aligned with its objective of developing future engineers, scientists, innovators and energy professionals.

FGNPC said early investment in STEM education would help create a pipeline of talent capable of contributing to Nigeria’s energy transition and the development of a more reliable and efficient power sector.

The Issues

Nigeria’s power sector requires stronger technical capacity and a pipeline of skilled professionals capable of supporting infrastructure development, innovation and the energy transition.

What’s Being Said

“The Federal Government cannot build the power sector alone; it requires the support of key public and private sector partners.” – Kenny Anuwe, Managing Director, FGN Power Company.

“This is why we remain open to partnerships with organisations such as the Visiola Foundation, which help expand capacity-building opportunities.” – Kenny Anuwe, Managing Director, FGN Power Company.

What’s Next

FGNPC said it would continue collaborating with organisations such as the Visiola Foundation on initiatives that strengthen technical capacity and expose young Nigerians to practical STEM applications.

Bottom Line

FGNPC says early investment in STEM education and stronger partnerships can help build the technical talent needed for Nigeria’s energy transition and the long-term development of the power sector.

Alake warns illegal miners against working abandoned pits

Tinubu celebrates Babangida at 85, praises his legacy

By
Annette Ikponmwonba
-
Babaginda Applaud's FG's Effort
Babaginda Applaud's FG's Effort, Fight Against Coronavirus

Annette Ikponmwonba | August 17, 2026

Key Points

  • President Bola Tinubu congratulates Ibrahim Babangida on his 85th birthday
  • Tinubu credits Babangida with lasting contributions to Nigeria
  • The president says Babangida continues to contribute to national discourse

Main Story

President Bola Tinubu has congratulated former military Head of State, retired Gen. Ibrahim Babangida, on his 85th birthday, describing him as an outstanding Nigerian leader, Tinubu said Babangida’s military career culminated in his emergence as Nigeria’s leader following the 1985 coup, according to a statement issued by Presidential Spokesperson Bayo Onanuga on Monday in Abuja.

The president said Babangida’s eight year rule left enduring marks on Nigeria’s political, economic and geographical landscape.

“Like him or not, former President Babangida impacted Nigeria in ways no other leader has. His eight-year reign left enduring marks on our political, economic, and geographic landscape,” Tinubu said.

Tinubu also credited the former military leader with expanding the Nigerian economy, establishing infrastructure and creating agencies and institutions that continued to serve national interests.

The president said Babangida’s decisions also contributed to the creation and continued existence of several states in the federation.

“But for his foresight, wisdom, and sense of equity and fairness, many states in the federation might not exist today,” Tinubu said.

He added that Babangida’s contributions to national development would keep his name and legacy prominent in Nigeria’s history.

What’s Being Said

Tinubu described Babangida as an outstanding Nigerian leader and praised his continued contribution to national discourse after leaving public office.

“Even in retirement, living a quiet life at my Minna Hilltop residence in Niger State, General Babangida continues to offer valuable counsel and guidance to the nation. His advice and wise counsel remain an inspiration to younger generations.” — President Bola Tinubu.

What’s Next

  • Babangida is expected to continue his private life and engagement with national discourse from his Minna residence
  • Tinubu wished the former military leader continued good health, strength and many more years of service to Nigeria

The Bottom Line:

Tinubu’s birthday message places Babangida’s eight-year military rule within a broader assessment of his influence on Nigeria’s political, economic and institutional development. It also highlights the former leader’s continued relevance to national discourse decades after leaving public office.

Barcelona agree €75m Rodri deal with Manchester City

Police arrest man for allegedly setting wife ablaze in Kogi

By
Kehinde Victor
-

Key Points

  • Police arrested 33-year-old Jacob Irewa over the alleged attack on his wife.
  • The victim sustained injuries and is receiving treatment in a Lokoja hospital.
  • Police say the suspect admitted to setting his wife on fire.
  • The suspect is expected to face an attempted culpable homicide charge after investigation.

Main Story

The Kogi Police Command has arrested a 33-year-old man, Jacob Irewa, over the alleged attempt to set his wife ablaze during a domestic dispute in Lokoja.

The incident occurred on Friday, Aug. 14, at Oworo Estate, Felele, according to the Police Public Relations Officer, ASP Afusat Saliu.

Saliu said the victim, Mrs Berida Irawo, sustained injuries and was taken to Honey Gold Hospital in Felele for treatment.

She said the B Division Surveillance Team, Felele, responded to a distress call and arrested Irewa at the scene.

According to the police, the dispute reportedly started after Irawo burnt some of her husband’s clothes without his consent.

The disagreement allegedly escalated when Irewa threatened his wife, took petrol from his motorcycle and set her on fire.

Saliu said the suspect admitted during questioning that he had set his wife ablaze.

She said investigators had commenced a comprehensive probe to establish the circumstances of the incident and gather additional evidence.

The police said Irewa would be charged with attempted culpable homicide after the investigation is concluded.

The Issues

The incident has raised concerns over domestic violence and the escalation of marital disputes into life-threatening attacks.

What’s Being Said

“The command will not condone any action capable of endangering lives. We encourage citizens to seek peaceful and legal means of settling disagreements.” – CP Naziru Kankarofi, Kogi Commissioner of Police.

What’s Next

Police said investigations would continue before the suspect is charged with attempted culpable homicide.

Bottom Line

The Kogi Police Command has vowed to pursue the case while urging residents to report domestic abuse early to prevent disputes from escalating into violence.

Tinubu celebrates Babangida at 85, hails his national contributions
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