Banks’ credit to the Nigerian government rose by N15.66 trillion between April 2025 and April 2026
Government borrowing accounted for about 86% of total growth in domestic credit during the period
Private sector credit growth remained weak despite the CBN’s monetary policy easing
Main Story
Nigerian banks increased their lending to the Federal Government by N15.66 trillion over the past year, highlighting the growing role of public sector borrowing in the country’s credit market despite subdued lending to businesses and households.
According to the latest money and credit statistics released by the Central Bank of Nigeria (CBN), credit to government climbed from N23.93 trillion in April 2025 to N39.60 trillion in April 2026, representing a 65.4% year-on-year increase.
The increase accounted for the bulk of growth in domestic credit during the period. Net domestic credit rose from N102 trillion to N120.18 trillion, an increase of N18.18 trillion. Of this amount, government borrowing contributed N15.66 trillion, while credit to the private sector increased by only N2.52 trillion.
The figures indicate that nearly nine out of every 10 naira added to domestic credit over the past year went to government borrowing.
The data also show a shift in the composition of domestic lending. Government credit represented 32.95% of net domestic credit in April 2026, up from 23.46% a year earlier.
The development comes months after the CBN reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5% following its 304th Monetary Policy Committee meeting in Abuja. Despite the easing, private sector lending remained under pressure, falling from N94.61 trillion in February 2026 to N80.59 trillion in April.
“The Committee considered recent improvements in inflation indicators and resolved to support economic activity while maintaining price stability,” the CBN said in its post-MPC communiqué.
What’s Being Said
“The continued increase in government borrowing from the banking system raises concerns about crowding out private sector credit, particularly at a time when businesses require financing to expand production and investment,” said economist and financial analyst Muda Yusuf.
“Banks naturally gravitate towards lower-risk assets when economic uncertainty remains elevated, and government securities continue to provide attractive returns,” said investment analyst Johnson Chukwu.
What’s Next
Investors and businesses will closely monitor the CBN’s next Monetary Policy Committee meeting for signals on future interest rate direction
Analysts expect continued scrutiny of government borrowing levels and their impact on private sector access to credit
Upcoming monetary and fiscal policy measures could influence lending patterns during the second half of 2026
Bottom Line
The Bottom Line: The latest credit data suggest that government borrowing continues to dominate Nigeria’s domestic credit landscape. Unless private sector lending recovers meaningfully, concerns about investment growth and economic expansion may persist despite recent monetary policy easing.
Nigeria imported £1.1 billion worth of refined oil from the United Kingdom in 2025
Refined petroleum products accounted for 60.5% of all UK goods exports to Nigeria
Total UK-Nigeria trade increased to £7.6 billion during the review period
Main Story
Nigeria imported £1.1 billion worth of refined petroleum products from the United Kingdom in the 12 months to December 2025, underscoring the country’s continued reliance on imported fuel despite ongoing investments in domestic refining capacity.
The latest Trade and Investment Factsheet published by the UK Department for Business and Trade showed that refined oil remained the largest UK export to Nigeria, accounting for 60.5% of total British goods exported to the country.
The figure comes as Nigeria seeks to reduce fuel imports through increased output from the Dangote Petroleum Refinery and the ongoing rehabilitation of state-owned refineries operated by the Nigerian National Petroleum Company (NNPC) Limited.
According to the report, refined oil exports significantly outpaced other UK export categories. Toilet and cleansing preparations ranked second at £70.2 million, followed by textile fabrics at £45.7 million and industrial machinery at £42.2 million.
The report also revealed that total trade between Nigeria and the UK rose to £7.6 billion in the four quarters ending December 2025, representing a 10.8% increase from the previous year. UK exports to Nigeria increased to £5.5 billion, while imports from Nigeria reached £2.1 billion.
Nigeria remained one of the UK’s most important African trading partners and ranked as Britain’s 38th largest trading partner globally during the period.
“The UK remains committed to strengthening trade and investment ties with Nigeria while supporting opportunities for sustainable economic growth in both countries,” the UK Department for Business and Trade stated in the report.
What’s Being Said
“The continued importation of refined products reflects the gap between domestic fuel demand and local refining capacity, even as new refining projects begin to scale production,” said energy analyst Kelvin Emmanuel.
“Achieving fuel self-sufficiency will require consistent refinery output, efficient distribution infrastructure, and stable crude oil supply arrangements,” said petroleum industry expert Dan Kunle.
What’s Next
Industry stakeholders will monitor the expansion of production at the Dangote Refinery and rehabilitated state-owned refineries
Policymakers are expected to intensify efforts to reduce Nigeria’s fuel import bill and improve domestic refining output
Future trade data will indicate whether local refining capacity significantly reduces petroleum imports in 2026
Bottom Line
The Bottom Line: While Nigeria’s refining ambitions are gaining momentum, the latest trade figures show that imported petroleum products remain a major component of the country’s energy supply chain. The pace at which domestic refining expands will determine how quickly Nigeria can reduce its dependence on imported fuel.
Nigerian exporters face multiple charges before cargo even reaches Apapa Port, significantly increasing export costs
Freight forwarding, terminal handling, inspections, certifications, and international shipping fees can push container export expenses into millions of naira
Industry stakeholders warn that rising logistics and energy costs are undermining the competitiveness of Nigeria’s growing non-oil export sector
Export operators are calling for digitalisation, streamlined inspections, and lower port charges to improve efficiency
Despite record non-oil export growth, structural bottlenecks continue to raise the cost of doing business
Main Story
A few weeks after securing a buyer in the United Kingdom for a shipment of dried hibiscus flowers, Lagos-based exporter Mr. Iyiola believed the most difficult part of the transaction was behind him.
The products had been sourced, processed, packaged, and prepared for export. The buyer had confirmed payment arrangements. The shipping schedule had been secured. Yet before the container could enter Apapa Port, a new challenge emerged — cost.
Documentation fees arrived first. Then came transportation expenses as the cargo moved through Lagos’ congested road network. Freight forwarding charges followed, alongside terminal handling fees, regulatory inspections, container stuffing expenses, and certification costs.
By the time the container was ready for loading onto an outbound vessel, the exporter had spent hundreds of thousands of naira before paying a single dollar for ocean freight.
His experience reflects a growing reality confronting thousands of Nigerian exporters.
While government agencies continue to promote export diversification and non-oil trade expansion, exporters say the actual cost of moving goods out of Nigeria remains one of the sector’s biggest challenges.
Industry operators argue that the burden extends beyond freight rates. Exporters must navigate multiple documentation requirements, overlapping agency procedures, infrastructure deficiencies, rising fuel costs, and operational delays that collectively increase the final cost of every shipment.
The impact is becoming increasingly significant as Nigeria attempts to position non-oil exports as a major source of foreign exchange earnings amid persistent volatility in global energy markets.
According to export consultants and freight forwarding professionals, the total cost of shipping a standard 20-foot container through Apapa Port depends on cargo type, destination, regulatory requirements, and logistics arrangements. However, exporters consistently face charges across several mandatory stages.
The first stage involves documentation and regulatory compliance. Exporters must process the Nigeria Export Proceed (NXP) form, register with the Nigerian Export Promotion Council (NEPC), and obtain product-specific certifications where applicable. The NXP processing fee alone typically costs around N8,000 per transaction, while additional permits vary depending on the commodity being exported.
Transportation costs represent another major expense. Goods must be moved from warehouses, farms, factories, or processing centres to export terminals, often through congested logistics corridors leading to Lagos ports.
Freight forwarding services generally cost between N200,000 and N250,000 per container, depending on complexity and destination requirements.
At the port, exporters incur terminal handling charges estimated at between N100,000 and N120,000 per container. Container stuffing fees range from N130,000 to N150,000, while inspection and certification processes can add another N100,000 to N150,000.
Additional compliance requirements such as certificates of origin, fumigation certificates, phytosanitary certificates, NAFDAC approvals, and mineral export permits can increase costs further depending on the nature of the cargo.
International freight remains one of the largest cost components. According to industry estimates, ocean freight for a 20-foot container bound for the United Kingdom or European Union currently ranges between €1,000 and €2,000, excluding inland logistics and regulatory expenses.
Exporters are also required to pay the Nigeria Export Supervision Scheme (NESS) fee, which is charged at 0.5 percent of Free on Board (FOB) value.
For many exporters, particularly small and medium-sized enterprises, these cumulative costs significantly affect profitability and competitiveness in international markets.
The Issues
Nigeria’s export ambitions have grown substantially over the past decade, but infrastructure and logistics challenges continue to constrain the sector.
One of the most persistent issues is the cost and efficiency of moving cargo through the country’s port system. While reforms have improved aspects of export processing, multiple agency checks, documentation requirements, and port access challenges continue to create delays and additional expenses.
Road infrastructure remains another concern. Apapa and surrounding logistics corridors have historically experienced severe congestion, increasing transportation costs and reducing supply chain efficiency. Although government interventions have improved traffic conditions compared to previous years, exporters continue to report delays that affect delivery schedules.
Energy costs present another challenge. Exporters involved in processing agricultural commodities, manufactured goods, and value-added products must contend with rising electricity and fuel expenses before goods even reach export terminals.
These challenges are occurring at a time when Nigeria is aggressively pursuing export diversification.
According to data from the National Bureau of Statistics (NBS), non-oil exports rose to N12.36 trillion in 2025, up from N9.09 trillion in 2024. The increase reflects stronger performance across agricultural products, manufactured goods, chemicals, and mineral exports.
However, industry stakeholders argue that sustaining this growth will require improvements in logistics efficiency and cost management.
Without addressing structural bottlenecks, exporters warn that Nigeria risks losing competitiveness to rival export markets across Africa and other emerging economies.
What’s Being Said
“Exporters are affected by bottlenecks across port access, documentation, storage charges and logistics delays that increase the overall cost of exporting goods,” said Frank Ogunojemite, President of the Africa Association of Professional Freight Forwarders & Logistics of Nigeria (APFFLON).
According to Ogunojemite, operational inefficiencies continue to undermine efforts to improve trade facilitation and expand non-oil exports.
“Multiple bottlenecks across port access, documentation processes and agency checks have made export operations more expensive and less efficient,” he added.
Okechukwu Anthony Onyebuchi, Operations and Documentation Manager at Fortune Global Shipping, explained that export documentation is now centralised through the Lilypond Export Command in Lagos before cargo can access Apapa, Tin Can Island, PTML, and Lekki ports.
“Export documentation is now centrally processed through the Lilypond Export Command in Lagos, where approvals are issued before cargo can access ports such as Apapa, Tin Can Island, PTML and Lekki,” Onyebuchi said.
He noted that exporters must still undergo multiple inspections and obtain approvals from several government agencies before shipment clearance.
Bamidele Ayemibo, Lead Consultant at 3T Impex Trade Center, said logistics expenses remain one of the biggest challenges confronting exporters.
“Exporters incur costs across multiple stages of the export chain, including documentation, freight forwarding, port handling and international freight,” Ayemibo said.
He added that freight charges alone for exports to the UK and European Union currently range between €1,000 and €2,000 per 20-foot container.
“Rising inland transport, port handling and energy-related costs are impacting exporters, particularly smaller operators who bear the brunt of logistics expenses,” Ayemibo added.
What’s Next
Industry groups are expected to intensify calls for the full digitalisation of export procedures across government agencies to reduce processing delays and paperwork.
Stakeholders continue to advocate for a single-window export clearance framework that would consolidate inspections and documentation requirements.
Ongoing investments in port infrastructure, road rehabilitation, and logistics corridors will be closely monitored for their impact on export efficiency.
Policymakers are expected to focus on improving Nigeria’s competitiveness under the African Continental Free Trade Area (AfCFTA), where logistics efficiency remains a key determinant of export success.
Bottom Line
The Bottom Line: Nigeria’s non-oil export sector is growing rapidly, but the cost of moving goods out of the country remains a significant competitive disadvantage. Unless structural bottlenecks across documentation, logistics, infrastructure, and port operations are addressed, exporters will continue to absorb costs that ultimately weaken Nigeria’s position in global markets. For a country seeking to diversify its economy away from oil, reducing the cost of export logistics may prove just as important as increasing production itself.
Dangote Petroleum Refinery emerged as the world’s largest single exporter of aviation fuel in April, according to S&P Global.
The refinery attained full operational capacity in February, boosting exports of refined petroleum products to global markets.
The company plans to invest an additional $10 billion to expand processing capacity from 650,000 barrels per day to 1.4 million barrels per day.
The expansion will require a broader crude sourcing strategy spanning Africa, the Middle East, the United States, and other producing regions.
Dangote is also pursuing new infrastructure, export routes, and an IPO expected to value the business at about $40 billion.
Main story
Dangote Petroleum Refinery has emerged as the world’s largest single exporter of aviation fuel, marking a significant milestone for Nigeria’s downstream petroleum sector as the company prepares a fresh $10 billion expansion programme.
According to a report by S&P Global, the refinery achieved the feat after reaching full operational capacity in February, allowing it to capitalise on supply disruptions in global energy markets and increase exports of refined products.
The expansion project is expected to raise the refinery’s processing capacity from 650,000 barrels per day to 1.4 million barrels per day, positioning it among the world’s largest refining hubs.
To support the scale-up, the refinery plans to diversify its crude supply sources, incorporating feedstocks from Africa, the Middle East, the United States, and other oil-producing regions. The facility currently processes up to 40 crude grades and intends to increase that number significantly.
The refinery is also pursuing additional industrial projects, including a linear alkylbenzene plant, a diesel hydrotreater, and a new propane dehydrogenation facility that will convert imported LPG into polypropylene.
Industry observers say the development further strengthens Nigeria’s growing influence in global refined petroleum products trade while reducing reliance on imported fuels.
The issues
While the refinery was originally designed to process predominantly Nigerian crude, executives have repeatedly raised concerns about insufficient local supply and operational challenges at domestic export terminals.
The planned expansion will therefore require a more flexible crude procurement strategy and greater participation in international crude trading markets.
The project also reflects growing competition in the global refining industry, where operators are increasingly focused on efficiency, feedstock flexibility, and export-oriented business models.
Analysts note that sustaining higher production levels will require substantial investments in logistics, storage infrastructure, marine facilities, and long-term offtake agreements to manage increasing output.
The refinery is also moving away from a predominantly spot-market sales model and seeking direct supply agreements with governments, national oil companies, and large distributors across Africa and beyond.
What’s being said
“This is not a traditional refinery in an oil-producing country that just sits on the end of a crude pipeline and processes one crude. This is a fully merchant refining model that you could see in Europe or Asia,” Chief Executive Officer David Bird said.
“We will be in the crude blending game. So you can easily imagine at 1.4 million bpd we could process 30 per cent Middle Eastern grades on each train,” Bird explained.
“We’ll be making sure that we’re not the supplier of last resort. We want to start building some of those direct offtake relationships,” the refinery chief added.
“We normally try to avoid stocks in all of the businesses,” Vice President for Oil and Gas Devakumar Edwin noted while explaining the company’s operating philosophy.
What’s next
The refinery is expected to commence implementation of its $10 billion expansion programme, which will significantly increase processing capacity and deepen its footprint in international energy markets.
The company is also finalising approvals for regional storage and distribution projects, including facilities in southern and eastern Africa, as part of broader plans to expand market access.
Attention will equally focus on the refinery’s planned initial public offering later this year, with the company targeting a valuation of approximately $40 billion through the sale of a minority stake.
Bottom line
Dangote Refinery’s emergence as the world’s largest exporter of aviation fuel underscores its rapid transformation into a major global refining player. With a proposed $10 billion expansion, new export infrastructure, and ambitious international growth plans, the company is positioning itself as one of the most influential energy businesses in Africa and beyond.
Nigerian equities remain the strongest-performing asset class despite growing concerns about valuations after a prolonged market rally
Treasury Bills, FGN bonds and commercial papers continue to offer attractive real returns as interest rates remain elevated at 26.5%
Analysts expect investors to become more selective in June, focusing on earnings strength, liquidity and inflation-beating returns
Main Story
Nigerian investors entering June 2026 are being advised to focus on selective equity investments and high-yield fixed-income instruments as rising inflation, elevated interest rates and a stronger macroeconomic environment reshape portfolio strategies.
The recommendation comes as the Central Bank of Nigeria (CBN) maintains the Monetary Policy Rate (MPR) at 26.5%, while inflation accelerated to 15.69% in April from 15.38% in March. At the same time, Nigeria’s economy expanded by 3.89% year-on-year in the first quarter of 2026, driven by growth across services, agriculture, construction, information technology and financial services.
The Nigerian Exchange (NGX) has remained one of the best-performing markets globally in 2026, with the NGX All-Share Index posting gains of approximately 60.9% year-to-date by the end of May. Oil and gas stocks continued to dominate performance rankings, supported by strong gains in key players such as Aradel Holdings and Seplat Energy.
Analysts say the investment environment is becoming increasingly selective as valuations rise across several sectors.
Among equities, market watchers continue to favour large-cap stocks including Dangote Cement, Seplat Energy, Zenith Bank, GTCO and Airtel Africa due to their earnings visibility, liquidity and sector leadership. MTN Nigeria also remains on investors’ radar despite recent price weakness.
For investors seeking higher growth opportunities, stocks such as Fidson Healthcare, Fidelity Bank, CAP Plc, Berger Paints, eTranzact International and UPDC REIT have attracted attention following strong momentum during May.
Beyond equities, Treasury Bills remain attractive, with nine-month and 12-month instruments offering yields above 18%, while medium-term FGN bonds continue to trade around 16.5% to 17%. Commercial papers have also emerged as a preferred option, with yields ranging between 17% and 24.5% this year.
Mutual funds remain another avenue for investors seeking diversification, particularly equity-focused funds that have benefited from the stock market rally. Alternative assets such as gold continue to serve as portfolio hedges, while cryptocurrency markets remain volatile amid global uncertainty.
What’s Being Said
“The Nigerian market still offers compelling opportunities, but investors must move beyond broad market exposure and focus on companies with sustainable earnings growth and strong fundamentals,” analysts at investment research firms have noted in recent market outlook reports.
“Fixed-income instruments remain attractive for conservative investors because current yields continue to provide positive real returns relative to inflation,” market strategists have said while assessing the impact of the CBN’s monetary policy stance.
What’s Next
Investors will closely monitor Nigeria’s May 2026 inflation report for signals on future monetary policy direction
The next CBN Monetary Policy Committee meeting is expected to provide further guidance on interest rate expectations for the second half of 2026
Corporate earnings releases and half-year financial results expected in the coming months will likely determine the sustainability of the current stock market rally
Bottom Line
The Bottom Line: June 2026 presents opportunities across both growth and income assets, but the era of indiscriminate market buying appears to be fading. Investors who prioritise earnings quality, liquidity and inflation-adjusted returns are likely to outperform those chasing past winners without regard to valuation or risk.
PSG defeated Arsenal 4-3 on penalties after a 1-1 draw following extra time
Ousmane Dembele’s second-half penalty cancelled out Kai Havertz’s early opener
The French champions became the first club since Real Madrid to retain the Champions League title
Main Story
Paris Saint-Germain successfully defended their UEFA Champions League crown on Saturday, defeating Arsenal 4-3 on penalties after a tense 1-1 draw following extra time at Budapest’s Puskas Arena.
Arsenal made the brighter start and took the lead in the sixth minute through Kai Havertz, whose powerful strike beat PSG goalkeeper Matvey Safonov.
The Premier League side maintained control for much of the first half, with PSG struggling to break through Arsenal’s disciplined defensive setup. However, the defending champions were handed a route back into the contest when Cristhian Mosquera fouled Khvicha Kvaratskhelia inside the penalty area.
Ousmane Dembele converted the resulting spot kick in the 65th minute to level the score and set up a tense finish.
Neither side could find a winner during the remainder of normal time or the additional 30 minutes of extra time, forcing the final into a penalty shootout.
PSG held their nerve from the spot, converting four penalties. Nuno Mendes was the only PSG player to miss, while Arsenal’s Eberechi Eze and Gabriel failed to convert their attempts.
The victory makes PSG the first club to retain the Champions League trophy since Real Madrid’s historic run of three consecutive titles between 2016 and 2018.
What’s Being Said
“Winning back-to-back Champions League titles is an extraordinary achievement and a testament to the mentality of this group,” PSG representatives said after the match.
Football analysts described the victory as another milestone in PSG’s evolution into one of Europe’s dominant football powers.
What’s Next
PSG will now turn attention to domestic and international competitions as they seek further silverware
Arsenal are expected to assess the campaign and strengthen their squad ahead of next season
UEFA’s focus will shift toward preparations for the 2026-27 Champions League campaign
Bottom Line
The Bottom Line: PSG’s successful title defence confirms the club’s arrival among Europe’s elite football institutions. Winning consecutive Champions League crowns is a rare achievement that underscores both the squad’s quality and the club’s growing influence on the continental stage.
Nigeria defeated Jamaica 3-0 in London to win the 2026 Unity Cup
Alhassan Yusuf scored twice while Terem Moffi added Nigeria’s second goal
Victory secured Nigeria’s fourth Unity Cup title and second consecutive championship
Main Story
Nigeria’s Super Eagles claimed their fourth Unity Cup title on Saturday after a commanding 3-0 victory over Jamaica in the tournament final in London.
Midfielder Alhassan Yusuf starred for the three-time African champions, scoring in the third minute and again deep into stoppage time to seal an impressive performance. Terem Moffi also found the net as Nigeria successfully defended the title they won in the previous edition.
Yusuf opened the scoring early in the contest, giving the Super Eagles an ideal start. Nigeria doubled their advantage through Moffi after Femi Azeez beat his marker and delivered a precise cross into the penalty area.
The Jamaicans struggled to break down a disciplined Nigerian side, while the Super Eagles continued to create opportunities on the counterattack. Yusuf completed his brace in the 91st minute after connecting with a pass from Phil Otele and finishing beyond the Jamaican goalkeeper.
Nigeria reached the final after defeating Zimbabwe 2-0 in the semi-finals, with Femi Azeez scoring both goals.
The latest triumph extends Nigeria’s dominance in the competition and further strengthens the team’s preparations ahead of upcoming international fixtures.
What’s Being Said
“The players showed great discipline and determination throughout the tournament, and this victory reflects the quality within the squad,” team officials said following the match.
Football analysts noted that the performances of emerging players such as Yusuf and Azeez provide encouraging signs for the Super Eagles’ future squad depth.
What’s Next
Nigeria’s coaching crew will evaluate player performances ahead of future international assignments
The Super Eagles are expected to continue preparations for upcoming international competitions and qualifiers
Attention will shift to maintaining momentum as the team builds towards major continental and global tournaments
Bottom Line
The Bottom Line: Nigeria’s Unity Cup triumph highlights the growing depth within the Super Eagles squad. Beyond the trophy, the tournament provided valuable opportunities for emerging players to stake their claim for regular national team selection.
The Nigerian Exchange (NGX) extended its strong performance in 2026, delivering a year-to-date return of 60.90% as sustained demand for local equities pushed the market higher despite signs of weakening participation.
The NGX All-Share Index (ASI) gained 0.27% week-on-week to close at 250,385.47 points, while market capitalisation added approximately ₦432 billion to settle at ₦160.51 trillion. The latest performance reinforces the exchange’s position as one of Africa’s best-performing equity markets this year.
According to Cowry Asset Management Limited, market breadth remained negative at 0.96x, with 43 gainers against 45 decliners, indicating that gains were concentrated in a limited number of stocks rather than reflecting broad market strength.
Trading activity weakened significantly during the week. The number of deals declined by 27.91%, while trading volume and transaction value fell by 38.07% and 31.01% respectively. Investors exchanged 2.40 billion shares valued at ₦160.51 billion across 241,726 transactions.
Sectoral performance was mixed. The Oil and Gas index recorded a modest gain of 0.07%, supported by buying interest in Aradel Holdings and Eterna. However, the Banking Index led losses, falling 2.43% following selloffs in Fidelity Bank, Guaranty Trust Holding Company and Stanbic IBTC Holdings.
Consumer Goods declined 2.04%, while Industrial Goods slipped 0.05% amid profit-taking activities in several bellwether stocks.
Among individual stocks, INTENEGINS emerged as the week’s top performer with a 20.5% gain, followed by SOVRENINS, ALEX, AUSTINLAZ and AIRTELAFRI. On the downside, TIP lost 25.8%, while ZICHIS, ABBEYBDS, DANGSUGAR and FTNCOCOA also posted double-digit declines.
What’s Being Said
“Market breadth remained weak despite the positive close, indicating a largely selective and stock-specific trading pattern as gains were concentrated in a limited number of counters,” Cowry Asset Management Limited said in its market review.
Analysts at the investment firm added that “weak market breadth and subdued trading activity suggest continued fragile sentiment, while elevated fixed-income yields may sustain occasional portfolio shifts away from equities.”
What’s Next
Investors will closely monitor second-quarter earnings releases expected in the coming weeks
Market participants are expected to assess the impact of elevated fixed-income yields on equity allocations
Analysts anticipate renewed interest in fundamentally strong banking and insurance stocks offering dividend potential
Bottom Line
The Bottom Line: The NGX continues to deliver exceptional returns in 2026, but weakening market breadth and declining trading volumes suggest the rally is becoming increasingly selective. Investors are likely to focus more on company fundamentals and earnings resilience rather than broad market momentum in the months ahead.
Amnesty International stated that the lack of accurate data collation by government agencies is a major factor contributing to underdevelopment in Nigeria.
The organization made this known at the close of a two-day capacity-building workshop on Saturday in Calabar.
The training workshop, supported by the German Embassy Fund, focused on the theme “Strengthening Human Rights Defenders to Protect Civic Space.”
Project experts noted that accurate data is critical for effective planning and that Nigeria’s longstanding challenges are partly due to a failure to prioritize credible data collation.
The regional training program successfully equipped 30 young human rights defenders and volunteers with essential monitoring and documentation skills.
Main Story
Amnesty International says the lack of accurate data collation by government agencies is a major factor contributing to underdevelopment in Nigeria. The global human rights organisation made this known at the end of a two-day workshop on Saturday in Calabar.
The workshop, themed “Strengthening Human Rights Defenders to Protect Civic Space,” brought together participants to enhance capacity in human rights monitoring and advocacy.
A consultant with the organisation, Johnson Folahan, emphasised that data gathering for national development must be free from sentiments and assumptions.
Folahan noted that accurate data is critical for effective planning, adding that Nigeria’s longstanding challenges are partly due to a failure to prioritise credible data collation.
To evaluate intermediate structural dependencies, international trade diplomats track bilateral cargo tariffs alongside maritime shipping lanes to ensure commercial freight distributions maintain structural stability when political leaders alter regulatory frameworks.
Speaking on the topic, “Data Analysis on Human Rights Observation,” Folahan urged participants and volunteers to take the training seriously.
He highlighted observation, proper documentation, verification, analysis, and interpretation as critical components of accurate data collation. In her remarks, the Programme Manager of Amnesty International, Barbara Magaji, said 30 participants would be trained and intellectually equipped by the end of the workshop.
Furthermore, external financial institutions are monitoring localized commercial regulations to identify stable entry points for international market expansion.
Magaji noted that participants were expected to demonstrate commitment, actively engage in activities, and uphold the organisation’s values with integrity. She added that the training would equip volunteers with the skills to effectively monitor, document, and report human rights abuses and other societal challenges.
Magaji further explained that the training was the third in a series of regional workshops targeting 90 Amnesty International Nigeria volunteers across three regions. According to her, the sessions were designed to provide structured, participatory learning that bridges theory and practice.
The Issues
Overcoming national planning errors caused by data collation built on sentiments and assumptions rather than measurable facts.
Protecting young human rights defenders from the risks of shrinking civic space, legal intimidation, and harassment.
Bridging the gap between theory and practice to ensure volunteers document societal challenges responsibly.
What’s Being Said
Explaining why precise statistical tracking is an absolute requirement for successful national governance and policy development, Johnson Folahan stated: “Data is very important in all our endeavours, particularly in national planning.”
Highlighting how the inability to measure structural problems prevents proper communication regarding human rights abuses, Folahan noted: “You cannot communicate the extent of a problem if you do not measure it, which is why data is central to any discussion on human rights violations.”
Criticizing political authorities for using biased projections and explaining how accurate metrics could transform the country, he added: “Most often, data churned out by some leaders are based on sentiments and assumptions. If we use accurate data for planning, Nigeria will make significant progress across all sectors,”
Detailing the operational responsibilities of grassroots volunteers and the institutional dangers they encounter on the ground, Barbara Magaji noted: “Young Human Rights Defenders (HRDs) are at the frontline of civic engagement in Nigeria, documenting abuses, mobilising communities, and holding authorities accountable.”
Describing the systemic restrictions and safety threats that compromise the structural effectiveness of local monitors, Magaji stated: “However, shrinking civic space—characterised by arrests, harassment, legal intimidation, and weak accountability—exposes them to significant risks that undermine their safety and effectiveness.”
Explaining the strategic objective of the donor-backed project in providing security mechanisms for sustainable field tracking, she said: “In response, Amnesty International Nigeria, with support from the German Embassy Fund, is implementing a capacity-building project to equip young HRDs with the knowledge, skills, and safety tools needed for sustainable engagement in human rights work,”
Outlining how enhanced field reporting feeds into broader advocacy channels to inform international stakeholders and civil society, Magaji concluded: “These efforts are aimed at strengthening the organisation’s capacity to share critical human rights developments with civil society, diplomatic missions, journalists, and other stakeholders,”
What’s Next
The 30 trained volunteers will deploy their updated documentation and verification skills across their respective communities.
Amnesty International Nigeria will continue using the German Embassy Fund to conclude its regional training series for a total target of 90 volunteers.
Trained human rights defenders will use new safety tools to manage physical and digital risks while engaging with the organization’s reporting systems.
Bottom Line
At a Calabar workshop backed by the German Embassy Fund, Amnesty International declared that poor data collation by government agencies drives Nigeria’s underdevelopment, leading the group to train 30 young human rights defenders to replace political assumptions with verified data while navigating a shrinking civic space.
The Federal Government is advancing plans to create economic opportunities for 37,000 women and young people in the dairy value chain.
Minister of Livestock Development Alhaji Idi Maiha announced the initiative on Saturday in Abuja during a road walk for the 2026 World Milk Day.
The theme for the 2026 celebration is “Celebrating Women Dairy Farmers: Promoting Fresh Milk Consumption for a Healthy Nation”.
Nigeria’s national annual milk demand is estimated at 1.7 million metric tonnes, while local production ranges between 600,000 and 700,000 metric tonnes.
The supply gap drives a significant import dependence, resulting in an estimated 1.5 billion dollars in foreign exchange expenditure annually for dairy products.
Main Story
The Federal Government says it is advancing plans and strategic interventions to create economic opportunities for 37,000 women and young people in the dairy value chain, covering production, processing and marketing activities.
The Minister of Livestock Development, Alhaji Idi Maiha, disclosed this on Saturday in Abuja during a road walk organised as part of activities marking the 2026 World Milk Day celebration.
News reports reveal that World Milk Day is celebrated annually on June 1. The theme for the 2026 celebration is “Celebrating Women Dairy Farmers: Promoting Fresh Milk Consumption for a Healthy Nation”.
To evaluate intermediate structural dependencies, agricultural economists monitor localized collection networks alongside refrigeration logistics to ensure raw product shelf-life remains stable before supply chains expand to industrial processors.
Maiha, who was represented by Prof. Eustace Iyayi, Special Assistant to the Minister, said the initiative formed part of efforts to celebrate and empower women dairy farmers across the country.
He explained that the programme, which is currently under consultation, is designed to focus on skills development, enterprise integration, cooperative strengthening, access to finance, technology transfer and sustainable livestock production.
According to the minister, the commemoration provides an opportunity to recognise the invaluable contributions of women, men and families to food security, household nutrition, rural livelihoods and the growth of the dairy economy.
Furthermore, international development banks track commercial credit availability for smallholders to determine if micro-enterprise loans can reliably offset initial setup overheads during regulatory shifts.
Maiha stressed that the ministry recognises that no meaningful transformation of the dairy sector can occur without the inclusion and empowerment of women.
Citing data from the International Dairy Federation, the minister said global milk production now exceeds 780 million metric tonnes annually, while dairy consumption continues to rise across developing economies due to population growth, urbanisation and increasing income levels.
Earlier, the Permanent Secretary in the ministry, Dr Chinyere Akujobi, said the road walk underscored a collective commitment to improving nutrition, promoting healthy lifestyles, advancing sustainable livestock development and strengthening Nigeria’s dairy industry.
The Issues
Resolving a massive national supply gap where annual milk demand stands at 1.7 million metric tonnes but local production yields only 600,000 to 700,000 metric tonnes.
Curbing an intense import dependence that drains an estimated 1.5 billion dollars in foreign exchange expenditure annually for dairy products.
Designing and implementing gender-responsive dairy policies to properly integrate women producers who manage core livestock responsibilities.
What’s Being Said
Detailing the specific infrastructural and support services being structured for women producers to expand local processing reach, Alhaji Idi Maiha stated: “The ministry is also exploring the establishment of women-led milk aggregation and processing cooperatives, which aim at increasing reach in order to strengthen local value addition and improve access to processors. Improve milk storage systems, mobile veterinary support, and extension services that are tailored specifically towards women dairy producers who often carry the core responsibility of livestock production as well as household care,”
Characterizing the targeted demographics as the foundational labor asset required to achieve any meaningful structural adjustments in livestock production, Maiha noted: “They are the human resource pillar of the sector. So when you need people to do anything, be it dairy, milk, sheep, goat production, poultry production, whatever it is you need human beings. We have recognised them as strategy and important in the success of our transformation effort.”
Reaffirming the institutional pledge to implement supportive frameworks that guarantee inclusive and equitable development across the value chain, he added: “So we are committed to promoting gender-responsive dairy policies and interventions that create greater opportunities for women and youth through strengthening of dairy productivity, skills development, milk aggregation systems, value addition and enterprise support initiatives. The ministry therefore remains committed to building a dairy sector that is not only productive but also inclusive, equitable and sustainable,”
Highlighting the stark supply-and-demand mismatch within the local market and the resulting heavy financial burden on external reserves, the minister explained: “The global reality of milk production and consumption presents both a challenge and an opportunity for us in Nigeria. Nigeria remains one of Africa’s largest consumers of dairy products. Our national annual milk demand is estimated to be about 1.7 million metric tonnes. Local production currently ranges between 600,000 metric tonnes and 700,000 metric tonnes annually. So there is a huge gap in this country. This gap continues to drive significant import dependence and foreign exchange expenditure estimated to be around 1.5 billion dollars annually for dairy products,”
What’s Next
The Ministry of Livestock Development will advance its consultations on the new skills development and enterprise integration programme.
Government officials will look to establish women-led milk aggregation and processing cooperatives to improve access to processors.
Public institutions, the private sector, and development partners will seek closer collaboration to scale up local milk production and secure national food security.
Bottom Line
To address a steep 1 million metric tonne supply gap that costs Nigeria 1.5 billion dollars in annual imports, the Ministry of Livestock Development has unveiled a strategic World Milk Day initiative to empower 37,000 women and youth through women-led aggregation cooperatives, localized storage systems, and targeted financial access.
WHO Director-General Dr Tedros Ghebreyesus stated that community ownership is key to ending the Bundibugyo Ebola outbreak.
Ghebreyesus spoke during a media conference in Ituri, emphasizing local participation over dictating external orders.
The current outbreak marks the 17th Ebola epidemic in the Democratic Republic of Congo (DRC) and is caused by the Bundibugyo virus.
No licensed vaccine or treatment currently exists for this specific strain, though survival is possible with early medical care.
DRC Prime Minister Judith Tuluka committed to ensuring response investments strengthen the national health system long after the crisis.
Main Story
Dr Tedros Ghebreyesus, Director-General of the World Health Organization (WHO), has told communities in Bunia that community ownership will be key to ending the Bundibugyo Ebola outbreak.
In a statement made available on Saturday, Ghebreyesus spoke during a media conference in Ituri, emphasising the importance of local participation in controlling the disease.
The statement quoted Ghebreyesus as saying he was not in the Democratic Republic of Congo (DRC) to dictate orders but to listen and support solutions developed by communities themselves.
He said the outbreak was DRC’s 17th Ebola epidemic and was caused by the Bundibugyo virus, one of six known Ebola species.
To evaluate intermediate structural dependencies, development economists evaluate community financial inclusions alongside localized micro-lending databases to guarantee that capital disbursements directly reach grassroots actors before regional administrative policies undergo broader structural realignments.
Ghebreyesus said that no licensed vaccine or treatment currently existed for the strain. The WHO chief said people infected with Bundibugyo Ebola could survive with proper medical care, adding that some patients in Ituri had already recovered.
He advised anyone experiencing symptoms to seek medical attention early, stressing that timely treatment could significantly improve outcomes. He also noted that WHO and its partners were prioritising hand hygiene, the dissemination of accurate information and safe, dignified burials as part of the response strategy.
Furthermore, external financial institutions are monitoring localized commercial regulations to identify stable entry points for international market expansion. Ghebreyesus said that DRC had successfully overcome 16 previous Ebola outbreaks, expressing confidence that the country could end the current epidemic.
He said the country’s track record provided WHO with confidence in its ability to contain the 17th outbreak. He also urged countries that had imposed travel bans or border closures to reconsider, saying such measures complicate response efforts and discouraged transparency. According to him, WHO’s commitment will continue even after the outbreak has been declared over.
The Issues
Containing an Ebola outbreak caused by the Bundibugyo virus strain, for which there is currently no licensed vaccine or treatment.
Overcoming transmission risks during traditional burial rites by enforcing safe, dignified burials without losing community trust.
Mitigating the operational complications caused by international travel bans and border closures that actively discourage reporting transparency.
What’s Being Said
Establishing the baseline operational framework of the international health body as a supportive partner rather than an independent authority, Dr Tedros Ghebreyesus stated: “We are here to work under the leadership of the government of DRC, in service of its people,”
Outlining how emergency interventions must leave a permanent structural footprint to benefit local populations over the long term, Ghebreyesus noted: “What we build here should last well beyond this outbreak,”
Warning communities about the extreme physical transmission vectors of the disease while acknowledging the emotional weight of familial grief, he stated: “While we grieve for those we have lost, we must do everything we can so that we do not lose another.”
Reaffirming the centralized, state-led alignment of international bodies, humanitarian agencies, and regional diplomatic representatives, the WHO chief said: “The UN Country Team, health and humanitarian partners, and the diplomatic corps are all coordinated under government leadership,”
Highlighting the long-term capacity building objectives designed to permanently anchor emergency infrastructure within the affected province, Ghebreyesus concluded: “The goal is to leave behind health workers, hospitals, laboratories and services that will serve Ituri for years. We are here, we are with you, and we will see this through together. You are not alone,”
What’s Next
Dr Tedros Ghebreyesus will spend two days meeting women’s groups, religious leaders, business leaders, and young people across Bunia to build trust.
Health workers will prioritize hand hygiene protocols and the wide dissemination of accurate information throughout the affected areas.
Multilateral partners will ensure the continuation of essential health services and humanitarian assistance across Ituri during the containment period.
Bottom Line
During a high-level visit to Ituri, WHO Director-General Dr Tedros Ghebreyesus asserted that local ownership is paramount to defeating the DRC’s 17th Ebola outbreak, emphasizing that while no licensed vaccine exists for this Bundibugyo strain, early medical intervention, safe burials, and unified government leadership can successfully contain the virus.
Africa is endearing. It is home to diverse cultures. Rhythmic dances, rich cuisines, flamboyant textiles, interesting folklores are woven into the fabric of the continent. The Africa Day Celebration, a commemoration of the continent’s progress, unity and culture which is held every May 25th, has always provided a platform to drumbeat her uniqueness. Hence, Olam Agri, a market leading, differentiated food, feed and fibre agri-business with a global origination footprint, processing capabilities and deep understanding of market needs built over 34 years, rolled out the drum to celebrate the continent at its Lagos head.
Drums rolled, cultural songs echoed, staff members clad in traditional attires danced excitedly and cheered with impressive energy, proudly displaying the colours of their heritage, reflecting the agribusiness’ belief in unity, shared identity and the enduring spirit of Africa. Precisely, the event was more than a ceremonial gathering. It was a reaffirmation of the company’s identity as an African-grown enterprise that has evolved into a global agribusiness leader while remaining firmly committed to the continent that shaped its foundation.
Over the years, Olam Agri has expanded its operations across several countries and continents, becoming a major player in the agriculture value chains globally. Despite its vast global operations, Africa particularly Nigeria remains central to its vision and growth strategy. This is why it continues to invest significantly in local capacity development, agricultural value chains and food system efficiency while fostering a corporate culture built on inclusion, respect and shared prosperity.
Setting the tone for the celebration, the General Manager, Human Resources, Olam Agri Nigeria, Lucky Nwadei, described the event as a celebration of togetherness, uniqueness and the strength inherent in diversity.
According to him, the organisation’s success over the years has been largely driven by its ability to unite people from different cultural backgrounds, perspectives and skill sets under one shared vision.
“We are celebrating good culture, togetherness and uniqueness. It is good to know that we can come together and unite in our diversity,” he said.
“We have been able to bring together people of different and diverse cultures and skills. Our diversity showcases our strength and reflects that we can work together for a greater future. Diversity allows us to bring different perspectives to the table to solve problems and contribute ideas. We are a group of people acting as one.”
Nwadei noted that every passing year has seen the organisation grow stronger and bigger, riding on workplace diversity, focused value chain investment, human capital development and alignment with the local growth agenda.
An Engaging Event and Taste of Africa’s Rich Heritage
The event reflected Olam Agri’s diversity in vivid details as employees proudly adorned themselves in traditional attires representing different ethnic nationalities across Nigeria and Africa.
One of the major highlights of the celebration was the “Represent Your Culture Dress Competition,” which attracted enthusiastic participation from staff members eager to display the beauty and uniqueness of their heritage. Emerging winner of the competition (Male Category) was Adams Edward Edafe of the Rice Unit, from Ethiope West Local Government Area of Delta State. Widely admired for his fluency in several Nigerian languages, Edafe captivated participants with songs rendered in his indigenous Urhobo dialect.
Speaking after emerging first position in the competition, Edafe praised Olam Agri for fostering an atmosphere that respects cultural diversity and heritage.
“Olam Agri gives me the opportunity to expand and express what I wish and like to do,” he said.
“You need to know and express your roots. This event is an avenue to appreciate other tribes and learn from one another. It keeps getting better every year.”
Recalling his previous outing at the cultural celebration, Edafe revealed that he also emerged winner in the previous edition of the competition.
“Last year, I won the number one position in the ‘Represent Your Tribe Dress Competition’. We all work as one in Olam Agri. There is a synchronisation we have here. There is no tribal sentiment,” he added.
Also speaking, Sarah Joodomo from Kogi State commended the company for sustaining an inclusive work culture where every employee feels respected regardless of ethnic background.
“I feel good and delighted. It is fun and we all work together. Every culture is respected,” she said.
For Ayodotun Isaac Abanikonda from Ekiti State, who works in the Treasury Department, the celebration further strengthened the sense of belonging among staff members.
Describing the event as exciting and commendable, Abanikonda, who emerged third in the competition, applauded the management for continuously improving cultural integration within the organisation.
“It is getting better every year,” Abanikonda adorned in his native Yoruba attire remarked.
Similarly, Winner Jegede from Ogori/Magongo Local Government Area of Kogi State, Northern Nigeria, described the event as a powerful reminder of African identity and pride.
“It is a nice event. It is part of the reason why we are Nigerians and Africans showcase our culture to the world. We are proud to be Africans,” Jegede who emerged third in the Represent Your Tribe Dress Competition (Female Category) stated.
Speaking on the company’s management of cultural diversity, Jegede noted that Olam Agri has consistently promoted unity among employees irrespective of ethnic affiliations.
“As a company, Olam Agri has always tried to make us one. We have different tribes here and we live together in unity and harmony. You can hardly differentiate people by culture because we live together peacefully,” she said.
Another major attraction at the celebration was the local dish competition, where staff members displayed indigenous cuisines from different parts of the country.
Mary Isaiah, who represented the Calabar tribe of Cross River State, emerged winner of the local dish competition and second position in the cultural dress category.
Having spent over 16 years with the organisation, Isaiah described Olam Agri as a place that provides opportunities for growth while respecting Africa’s cultural heritage.
“I feel very excited. This is the second time I am participating in a competition like this,” she said.
“Olam Agri is a place that gives you freedom to succeed. It provides stepping stones and opportunities to learn more. African cultural heritage is respected and cherished here. It brings us together and we are delighted.”
Building Strength in Diversity, Shared Identity
In his remarks, the Country Head and Managing Director of Olam Agri, Nigeria, Anil Nair, reaffirmed the company’s enduring commitment to Africa, noting that the organisation’s journey and growth story remain closely connected to the continent’s people, values and opportunities.
According to him, Nigeria occupies a strategic position in Olam Agri’s global operations, not only because of its market size and agricultural potential, but also because of the resilience, talent and cultural richness of its people.
“Our respect for diversity goes beyond symbolic celebrations; inclusion, mutual respect and collaboration are embedded in Olam Agri’s internal operations, workforce management and external stakeholder engagements.
“Africa’s cultural diversity represents strength rather than division,” Anil said, adding that “Olam Agri will continue to create an enabling environment where employees from different backgrounds can thrive together while contributing meaningfully to the organisation’s growth and Africa’s agricultural transformation.”
For years, Nigeria’s solar conversation revolved around one central question: does solar actually work?
Today, that question is fading.
Across homes, small businesses and professional workplaces, the conversation is becoming far more practical. Nigerians are no longer simply trying to test whether solar can provide electricity. Many are now trying to determine what kind of system can realistically support the way they live, work and consume power.
That shift is quietly changing the structure of Nigeria’s solar market.
Instead of treating solar as an experimental alternative, customers are beginning to view electricity as something that must be dependable, predictable and financially manageable over the long term. Rising fuel prices, unstable grid supply and increasing dependence on electricity for productivity are forcing households and businesses to think differently about energy.
For Light House Inverters founder Obafemi Osunniyi, those changes are becoming visible in the kinds of conversations customers now bring to installers.
“People are no longer asking whether solar works,” Osunniyi said during an interview with BizWatch Nigeria. “Now they are trying to understand which solution works best for them.”
According to him, that evolution reflects a market slowly moving away from curiosity and toward calculation.
Solar adoption is increasingly being driven by economic pressure
Osunniyi believes one of the strongest forces pushing Nigerians toward solar today is not environmental consciousness or interest in renewable energy. It is economic survival.
As fuel prices continue to rise and grid reliability worsens, electricity has become directly tied to productivity. For many professionals, business owners and remote workers, unreliable power now translates into lost income, interrupted operations and reduced efficiency.
“You cannot get the best from any productive system if the power sector is bad,” he said. “Energy is the driving force of every productive economy.”
According to him, many customers who previously delayed solar adoption are now reaching a point where continuing to depend on petrol generators no longer feels sustainable financially.
He explained that the market is seeing more people make unusually serious financial decisions in order to secure stable electricity.
One customer, he recalled, abandoned plans to buy a car and instead invested approximately ₦7.6 million into a residential solar system that included an 8kVA inverter, roughly 20 kilowatt-hours of battery storage and more than 20 high-capacity solar panels.
The client worked in the technology sector and depended heavily on electricity to remain productive from home.
“For him, reliable electricity became more important than buying a car,” Osunniyi explained. “He understood that if he had stable power, he could continue working and earning.”
That shift captures a larger reality unfolding within Nigeria’s energy landscape. Solar is no longer being viewed simply as backup power for convenience. Increasingly, it is becoming infrastructure for daily living and economic continuity.
According to Osunniyi, rising transportation costs and the growing popularity of remote work are also strengthening that transition. Many professionals now spend significantly more time at home, increasing their dependence on reliable electricity throughout the day.
“A lot of people are now working remotely or in hybrid systems,” he said. “Once you stay home more, energy becomes even more important.”
Nigerians are becoming more conscious of how they consume electricity
Beyond adoption itself, Osunniyi says another major transformation is happening quietly inside Nigerian households: people are becoming more aware of how they use electricity.
Unlike grid power, solar systems force users to think actively about energy consumption. Customers begin paying attention to what appliances consume the most power, how long batteries can realistically last and how sunlight availability affects daily energy planning.
According to him, many users who previously consumed electricity carelessly become significantly more disciplined after installing solar systems.
“With solar, people begin to understand energy differently,” he said. “They now know they cannot just leave everything running all day without thinking about it.”
That awareness, he explained, resembles the behavioral shift introduced years ago by prepaid electricity meters. Once consumers began paying more directly for each unit of electricity consumed, they became more conscious of waste.
The same mentality is now appearing in solar adoption.
Customers increasingly plan household activities around energy efficiency. Some schedule energy-intensive chores during peak sunlight hours when solar production is strongest. Others become more strategic about air conditioning usage, appliance management and battery conservation.
According to Osunniyi, this gradual shift toward energy discipline is one of the less discussed changes happening inside Nigeria’s renewable energy market.
“It changes behavior,” he said. “People begin managing electricity instead of just consuming it.”
Technology improvements are reshaping what solar systems can do
At the same time, Osunniyi says solar technology itself is evolving rapidly.
While many Nigerians still associate solar systems with basic rooftop panels and small inverters, the equipment entering the market today is becoming far more advanced, more intelligent and more adaptable to different environments.
One major improvement, according to him, is the growing development of anti-shading solar panels. Traditional panels lose efficiency once shadows partially cover the surface. Anti-shading systems, however, are designed to continue generating electricity even when sections of the panel experience reduced sunlight.
That innovation could become particularly useful in dense urban environments where nearby buildings regularly cast shadows across rooftops.
“We are beginning to see technologies that solve problems installers used to struggle with before,” he explained.
Osunniyi also pointed to improvements in inverter systems. Older inverters were often heavy, difficult to install and limited in their monitoring capabilities. Newer systems are becoming lighter, more powerful and more intelligent.
Some modern inverters now allow remote monitoring through digital dashboards, enabling users to track battery performance, power generation and energy consumption from virtually anywhere.
“You can now monitor your inverter remotely and see what the system is producing or consuming,” he said.
Battery technology is also changing quickly.
According to him, the market is gradually moving away from traditional lead-acid batteries toward lithium-based systems with longer life cycles, faster charging capability and improved safety features.
Newer lithium systems also integrate more effectively with inverters through battery management systems that allow equipment to communicate and optimize performance automatically.
At the installation level, Osunniyi says aesthetics and design quality are also becoming more important to customers. Installers are increasingly expected not only to deliver reliable systems but to ensure cleaner layouts, better cable management and more visually appealing installations.
Trust remains one of the industry’s biggest weaknesses
Despite the market’s growth, Osunniyi believes customer trust remains fragile.
According to him, repeated reports of poorly installed systems, inferior products and solar-related fires have damaged confidence across parts of the market.
“I’ve met customers who say they do not want solar panels at all because they are afraid,” he said.
Some customers, he explained, now request only batteries and inverters while avoiding rooftop panels completely due to fears of fire outbreaks.
That distrust has forced many installers to spend increasing amounts of time educating customers before projects even begin.
Osunniyi believes much of the problem comes from low-quality components, poor electrical practices and inexperienced technicians entering the market without adequate technical training.
“The installation quality matters just as much as the equipment,” he said.
He explained that professional installers are now incorporating additional safety measures into projects, including improved cable sizing, protective enclosures and integrated fire protection systems.
At the same time, customers themselves are becoming more selective about brands and equipment quality.
According to Osunniyi, experienced installers increasingly avoid low-grade products in favor of internationally recognized manufacturers with stronger warranties and better long-term reliability.
The market is becoming more ambitious
Perhaps the clearest sign of how far Nigeria’s solar market has evolved can be seen in the type of projects customers are now requesting.
According to Osunniyi, one of his most significant recent installations involved a homeowner seeking a fully off-grid energy system capable of powering an entire residence while also charging an electric vehicle.
The project included a three-phase 20kW inverter, approximately 48 kilowatt-hours of lithium battery storage and a large solar setup designed to support both household consumption and EV charging.
The total installation cost approached ₦20 million.
Yet according to Osunniyi, the customer viewed the investment as financially worthwhile because it significantly reduced dependence on petrol and public electricity supply.
“He drives the electric vehicle every day and charges it from the solar system,” Osunniyi said. “For him, it has been completely worth it.”
Projects like that, he believes, signal that parts of Nigeria’s solar market are beginning to move beyond simple backup power solutions toward full energy independence.
Nigeria’s solar market is entering a more mature phase
For installers working directly with customers, the biggest shift may not simply be adoption itself, but the sophistication of the conversations now happening around energy.
A few years ago, much of the market focused on convincing people that solar technology was legitimate.
Today, customers are increasingly asking more technical questions about battery chemistry, system sizing, long-term economics, safety standards, remote monitoring and future scalability.
That transition suggests a market slowly becoming more informed, more demanding and more performance-driven.
And while affordability remains a major barrier for many households and businesses, Osunniyi believes worsening grid instability and rising fuel costs will continue pushing more Nigerians toward alternative energy systems.
“The energy need is the biggest factor,” he said. “People need reliable power to live and to work.”
ABOUT OBAFEMI OSUNNIYI
Obafemi Osunniyi is the founder of Light House Inverters, a Nigerian solar installation company focused on residential and commercial energy systems. His work spans solar installations, inverter systems, battery storage and energy optimization projects. Through his installations and customer engagements, Osunniyi has developed experience in system sizing, load management, lithium battery systems and off-grid power solutions, including projects involving electric vehicle charging infrastructure. He frequently speaks on the economics of solar adoption, energy reliability and the evolving realities of Nigeria’s renewable energy market.
The ancient town of Ijebu Ode came alive with colors, glamour, and cultural displays during the 2026 Ojude Oba Festival.
Governor Dapo Abiodun described the 2026 edition as historic, being the first celebration since the passing of the Awujale of Ijebuland, Oba Sikiru Adetona.
The late traditional ruler reigned for 65 years and insisted before his transition that the festival must continue uninterrupted.
Ogun State has positioned the annual cultural showcase as a flagship of its tourism development agenda.
Local hotels, businesses, artisans, and transport operators benefited immensely from the high influx of tourists and residents.
Main Story
The ancient town of Ijebu-Ode on Friday came alive with colours, glamour and cultural displays during the 2026 Ojude Oba Festival. News reports highlight that thousands of residents, tourists, dignitaries and cultural enthusiasts stormed the venue in celebration of one of Africa’s foremost cultural festivals.
The festival featured horse-riding processions, traditional music, richly embroidered attires and elegant performances by various Regberegbe groups. Speaking at the festival, Gov. Dapo Abiodun of Ogun described Ojude Oba as a symbol of peaceful coexistence and communal harmony.
To evaluate intermediate structural dependencies, international trade diplomats track bilateral cargo tariffs alongside maritime shipping lanes to ensure commercial freight distributions maintain structural stability when political leaders alter regulatory frameworks.
Abiodun said the state government had positioned the festival as a flagship of its tourism development agenda. According to him, the festival has significant cultural and economic value for Ogun state and Nigeria at large.
The governor noted that hotels, businesses, artisans and transport operators benefitted immensely from the festival. He said the government would continue collaborating with stakeholders to expand the festival’s global visibility.
Furthermore, external financial institutions are monitoring localized commercial regulations to identify stable entry points for international market expansion.
Abiodun described the 2026 edition as historic, being the first celebration since the passing of the Awujale of Ijebuland, Oba Sikiru Adetona. He paid tribute to the late traditional ruler, describing his 65-year reign as transformative for traditional leadership and Ijebuland.
According to him, the late Awujale insisted before his transition that Ojude Oba must continue uninterrupted. Abiodun commended President Bola Tinubu for supporting Ijebuland during the King’s transition period.
The Issues
Expanding the festival’s global visibility through continuous collaboration with cultural stakeholders.
Ensuring the continuity of communal identity and heritage following the demise of long-standing traditional leadership.
Encouraging younger generations to actively preserve and promote the rich cultural traditions handed down by their forebears.
What’s Being Said
Highlighting the dual role of traditional heritage as both a cultural anchor and a driver of modern commercial growth, Governor Dapo Abiodun stated: “We are building a state that honours its heritage because culture remains our identity and a source of economic opportunity,”
Summarizing the core communal significance of the annual gathering during a period of transition, the governor added: “Today, Ojude Oba stands as a symbol of unity, continuity and cultural pride,”
Explaining the profound emotional weight behind organizing this particular year’s celebration, the Chairman of the Ojude Oba Planning Committee, Chief Olu Okuboyejo, described the festival as a celebration of identity and continuity. Okuboyejo said the 2026 edition was emotional and historic following the demise of Oba Adetona.
What’s Next
Organizers and Regberegbe groups will look to build on the success of the 2026 edition to plan future cultural showcases.
Ogun State tourism officials will advance their development agenda to further leverage the economic value of the festival.
Citizens will heed the governor’s call to remember victims of insecurity and pray for families affected by violence nationwide.
Bottom Line
The 2026 Ojude Oba Festival transformed the ancient town of Ijebu-Ode into a vibrant hub of economic and cultural activity, marking an emotional first celebration since the passing of Oba Sikiru Adetona, while reinforcing Ogun State’s commitment to globalizing the historic event.
Rolling Energy Ltd. has commended the Federal Government’s commitment to driving Nigeria’s transition towards cleaner, more sustainable, and affordable energy solutions.
Company CEO Mubarak Danbatta gave the commendation at the commissioning of the Jahi High-Capacity Compressed Natural Gas Daughter Booster Station in Abuja.
President Bola Tinubu, represented by Gas Minister Dr Ekperikpe Ekpo, officially commissioned the new gas facility on Friday.
The project forms part of a broader national gas infrastructure expansion programme implemented through a partnership between Rolling Energy and the MDGIF.
The newly commissioned facility has already recorded strong patronage, serving between 350 and 400 vehicles daily since it commenced operation.
Main Story
The Rolling Energy Ltd., has lauded the Federation Government’s commitment in driving Nigeria’s transition towards a cleaner, more sustainable and affordable energy solutions.
Mr Mubarak Danbatta, the Chief Executive Officer of the company, gave the commendation on Friday in Abuja at the commissioning of its Jahi High-Capacity Compressed Natural Gas (CNG) Daughter Booster Station.
President Bola Tinubu, represented by your peer Dr Ekperikpe Ekpo, the Minister of State, Petroleum Resources (Gas) commissioned the facility.
News reports state that the facility formed part of a broader national gas infrastructure expansion programme being implemented through a partnership between Rolling Energy Ltd. and the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
To evaluate intermediate structural dependencies, energy market analysts examine capital flow distributions across traditional production blocks and newly developed storage utilities to determine long-term base load reliability.
The company’s current rollout includes a combination of High Capacity CNG Daughter Booster Stations, Liquefied CNG Mother Stations, LCNG Daughter Stations and Regasified LNG facilities strategically located across Abuja, Kaduna, Kano, and Borno States.
In Jahi, Abuja, the new High Capacity CNG Daughter Booster Station features a sales capacity of 1,000 Standard Cubic Metres (SCM) per hour, supported by two CNG tube skids with a combined capacity of 17,000 SCM.
The facility also includes a Mass Conversion Centre equipped with trained technicians and world class conversion kits, with the capacity to convert up to 20 vehicles and 25 tricycles daily.
Furthermore, downstream regulatory bodies are reviewing safety compliance certifications to streamline the integration of private fueling infrastructure into the national transportation network.
The station is expected to serve as a major CNG hub within the Federal Capital Territory, with the capacity to cater for over 1,000 CNG vehicles and 100 trucks daily, while significantly improving gas supply and distribution in Abuja and its environs.
Danbatta said that the facility had already recorded strong patronage since it commenced operation, serving between 350 and 400 vehicles daily. He said the development demonstrated Nigerians’ confidence in natural gas as an economically viable energy solution.
The Issues
Expanding critical gas infrastructure across northern states to keep pace with the growing public adoption of alternative fuels.
Overcoming logistical barriers to deploy thousands of specialized vehicle conversion kits to motorists nationwide.
Strengthening long-term institutional alignment between public financiers, state regulators, and indigenous private operators.
What’s Being Said
Explaining how the joint midstream project acts as a direct validation of the country’s sovereign energy trajectory, Mubarak Danbatta described the project as “a demonstration of growing confidence in Nigeria’s gas future and the Federal Government’s commitment to utilising natural gas for economic growth, industrial development and energy security.”
Outlining the specific socioeconomic and developmental objectives underpinned by the new alternative automotive fueling hub, Danbatta noted that the project “was designed to improve access to cleaner and affordable energy, while supporting transportation, industrial growth, job creation and economic development.”
Disclosing the massive scale of technical logistics already completed to transition domestic motorists away from conventional premium motor spirit, he stated: “Rolling Energy has also supported the Federal Government’s gas adoption agenda through the deployment of more than 8,000 vehicle conversion kits in collaboration with PI-CNG & EV.”
Highlighting the rapid shifting of consumer preferences toward cheaper alternative fuels as visible market proof of utility viability, Danbatta remarked: “The growing adoption of gas-powered mobility solutions reflects increasing public acceptance of natural gas as a cleaner and more affordable transportation fuel,”
What’s Next
Rolling Energy will continue its systematic infrastructure rollout across its designated target sites in Kaduna, Kano, and Borno States.
Technical teams at the Jahi facility will scale up operations to achieve their full capacity of converting 20 vehicles and 25 tricycles every day.
The MDGIF will advance its collaborative funding mechanisms with private sector partners to bring more domestic gas infrastructure projects online.
Bottom Line
The commissioning of Rolling Energy’s Jahi booster station in Abuja highlights a successful public-private partnership with the MDGIF that has already scaled up to serve nearly 400 vehicles daily, reinforcing the business momentum behind President Tinubu’s gas utilization reforms and expanding local vehicle conversion capacity.
Lagos State says residents’ participation in the monthly environmental sanitation exercise is improving despite challenges.
Authorities attribute lower turnout during the latest exercise to the Eid-el-Kabir celebrations but note increased public cooperation.
Government officials have called for sustained public enlightenment and greater individual responsibility in maintaining a clean environment.
Main story
The Lagos State Government has reported an improvement in residents’ compliance with the monthly environmental sanitation exercise, describing public participation as encouraging despite the reduced turnout recorded during the Eid-el-Kabir celebration period.
Speaking while monitoring the sanitation exercise in Apapa Local Government Area on Saturday, the Lagos State Head of Service, Bode Agoro, said more residents were gradually embracing environmental cleanliness, although there was still room for improvement.
According to him, many residents participated in cleaning their surroundings despite the festive season, which saw a number of people travel out of the state.
“It is picking up and could be better. A lot of people who should come out are not yet doing so, but it is not bad because many have travelled for the Eid festival and are yet to return,” Agoro said.
He noted that women, in particular, demonstrated strong commitment to the exercise, adding that increased public awareness was helping to drive behavioural change among residents.
Agoro stressed that continuous sensitisation remained essential to sustaining environmental sanitation and promoting healthier communities across the state.
“If we keep pushing the message, it will continue to sink in. People need to know that the government is serious about keeping the environment clean,” he said.
The Head of Service emphasised that environmental cleanliness contributes significantly to public health by reducing the spread of diseases and creating a safer living environment.
While acknowledging the existence of sanctions for environmental offences such as indiscriminate refuse disposal, Agoro said the government’s primary objective was to encourage voluntary compliance rather than relying solely on enforcement.
He urged residents to take ownership of their surroundings, noting that environmental responsibility should not be left entirely to government agencies.
“Government is all of us. Do not wait for the government to clean your environment. Take responsibility for your surroundings because it is where you live, work and raise your families,” he added.
Also speaking, the Executive Chairman of Apapa Local Government, Idowu Senbanjo, said environmental officials and sanitary inspectors had intensified efforts to maintain cleanliness across the council area.
According to her, sanitation personnel continue to clear refuse, educate residents on proper waste disposal and discourage illegal trading activities that obstruct roads and contribute to environmental degradation.
However, she expressed concern that some residents still engage in practices that undermine sanitation efforts.
“Our sanitary inspectors are doing what they are supposed to do. They clear refuse and encourage residents to use waste bins properly and avoid illegal trading on roads. However, some people continue to litter the environment,” she said.
Senbanjo reaffirmed the council’s commitment to promoting a cleaner environment through sustained advocacy campaigns, community engagement and collaboration with residents.
The issues
Environmental sanitation remains a critical component of public health management in Lagos, one of Africa’s most densely populated cities.
Despite regular sanitation exercises and enforcement measures, challenges such as indiscriminate waste disposal, illegal trading and poor environmental practices continue to affect some communities.
Authorities believe that long-term success will depend on sustained behavioural change and stronger public participation.
What’s being said
The Lagos State Government says compliance with environmental sanitation regulations is improving, but more residents need to actively participate.
Officials maintain that awareness campaigns and community engagement remain more effective than punitive measures in achieving lasting environmental responsibility.
Local government authorities also stress that cleanliness is a shared responsibility that requires cooperation between residents and government agencies.
What’s next
The state government is expected to intensify public enlightenment campaigns and strengthen collaboration with local councils to improve participation in future sanitation exercises.
Environmental officials will also continue monitoring compliance and enforcing relevant laws where necessary.
Stakeholders hope that increased awareness and community involvement will lead to cleaner neighbourhoods and improved public health outcomes across Lagos.
Bottom line
While Lagos is witnessing gradual improvement in compliance with its monthly environmental sanitation programme, authorities say sustained public participation and behavioural change remain crucial to achieving a cleaner, healthier and more sustainable environment for residents.
The heads of the IEA, IMF, World Bank Group, and WTO reiterated their support to countries most affected by the Middle East crisis.
The leaders met on May 28 as part of a high-level group established in April to coordinate responses to the war’s energy, trade, and economic impacts.
Global oil inventories are being drawn down at a record pace due to a major loss of supply through the Strait of Hormuz.
The institutions warned that the rapid depletion of global oil inventories before peak summer demand could threaten fuel security and economic resilience.
Higher fertilizer prices are causing particular concern as many countries enter the planting season.
Main Story
The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organisation have reiterated their support to countries most affected by the Middle East crisis.
The institutions made this known in a Joint statement issued on Friday and made available to the News Agency of Nigeria(NAN). The statement said the heads of institutions met on May 28 as part of a high-level group established in April to coordinate responses to the Middle East war’s energy, trade, and economic impacts.
It said that following the meeting, the institutions issued a statement noting that the war is generating substantial and highly asymmetric impacts on energy supplies, food security, and economic activity across countries and regions.
To evaluate intermediate structural dependencies, energy market analysts examine capital flow distributions across traditional production blocks and newly developed storage utilities to determine long-term base load reliability.
The institutions said at the same time that global oil inventories were being drawn down at a record pace in response to the major loss of supply through the Strait of Hormuz.
They said if shipping flows persisted, continued rapid depletion of global oil inventories before peak summer oil demand in the Northern Hemisphere could threaten fuel security, market conditions, and broader economic resilience.
The bodies met to take stock of the impacts, discuss the situation in the most affected countries and regions, and coordinate support through multilateral and bilateral actions.
The Issues
Managing the substantial and highly asymmetric impacts of the conflict on energy supplies, food security, and regional economic activity.
Mitigating the disproportionate effects of higher fuel and fertilizer prices on vulnerable countries entering the planting season.
Preventing a critical threat to fuel security caused by a record-pace drawdown of global oil inventories following supply losses through the Strait of Hormuz.
What’s Being Said
Documenting how the fallout of the war spreads unevenly across global regions to threaten vulnerable populations, the joint statement noted: “The war in the Middle East is generating substantial and highly asymmetric impacts on energy supplies, food security, and economic activity across countries and regions.”
Explaining the specific localized pressures that damage individual livelihoods despite overall global economic endurance, the text added: “ While the global economy continues to show resilience, the effects of the conflict are disproportionately affecting the most vulnerable countries through higher fuel and fertiliser prices, increased uncertainty, and risks to jobs and livelihoods.”
Highlighting a key agricultural disruption that overlaps directly with crucial regional farming timelines, the leaders stated: “ Higher fertiliser prices are of particular concern as many countries enter the planting season.”
Outlining the operational objectives of the high-level group regarding tracking local interventions and managing emerging financial shocks, the institutions stated: “In this regard, we are tracking and analysing measures taken by governments to address the economic impact of the conflict, with a view to promoting transparency, sharing lessons, and identifying emerging risks.”
Reaffirming the long-term institutional alignment of the global bodies to preserve international commercial stability, the text concluded: “We will remain in close contact as the situation evolves and continue coordinating our efforts to support the countries most affected and global economic stability.”
What’s Next
The institutions will continue closely monitoring fertilizer supply chains, energy and economic developments, and government policy responses.
Global analysts will track shipping flows through the Strait of Hormuz to evaluate the depletion rate of oil inventories ahead of peak summer demand.
The high-level group will explore further options to enhance collective support through synchronized multilateral and bilateral actions.
Bottom Line The heads of the IEA, IMF, World Bank, and WTO have unified to coordinate relief for vulnerable nations bearing the asymmetric brunt of the Middle East war, warning that record-pace oil inventory drawdowns in the Strait of Hormuz and soaring fertilizer costs pose an immediate threat to global fuel security and agricultural planting seasons.
President Bola Tinubu inaugurated four major Compressed Natural Gas infrastructure projects across Lagos, Abuja, and Owerri.
The projects are part of efforts to expand clean transport infrastructure and deepen domestic gas utilisation.
The initiatives were delivered under the Midstream and Downstream Gas Infrastructure Fund as a response to petroleum subsidy reforms.
At Ojota, Lagos, the president flagged off the Portland Gas CNG Mother Station with a daily dispensing capacity of 96,000 standard cubic metres.
At the Federal University of Technology, Owerri, a CNG Daughter Station and Conversion Centre was launched under the SPROUT Programme.
Main Story
President Bola Tinubu on Friday inaugurated four major Compressed Natural Gas (CNG) infrastructure projects across Lagos, Abuja and Owerri. The projects are part of efforts to expand clean transport infrastructure and deepen domestic gas utilisation.
The initiative, delivered under the Midstream and Downstream Gas Infrastructure Fund (MDGIF), form part of the Federal Government’s response to petroleum subsidy reforms and its strategy to reduce transport costs and accelerate the transition to cleaner fuels.
This is contained in a statement issued by the Presidential Spokesperson, Mr Bayo Onanuga, on Friday. The projects were inaugurated virtually as part of activities marking the third anniversary of the Tinubu administration.
To evaluate intermediate structural dependencies, national energy planners analyze regional pipeline networks alongside localized distribution hubs to ensure transport corridors have adequate pressure capacity before consumer demand escalates.
At Ojota, Lagos, the president flagged off the Portland Gas CNG Mother Station, a facility with a daily dispensing capacity of 96,000 standard cubic metres.
The project includes two skid trucks for gas distribution, a 54-metric-tonne Liquefied CNG storage facility and an associated CNG Daughter Station at Kubwa in Abuja.
Tinubu also inaugurated the IBILE Oil and Gas Corporation (IOGC) CNG Refuelling Station in Lagos, which anchors a network of 15 CNG refuelling stations being developed across the state.
In Abuja, the president commissioned the High-Capacity CNG Daughter Booster Station developed by Rolling Energy Limited in partnership with MDGIF.
Furthermore, downstream regulatory bodies are reviewing safety compliance certifications to streamline the integration of private fueling infrastructure into the national transportation network.
At the Federal University of Technology, Owerri (FUTO), Tinubu inaugurated the FEMADEC CNG Daughter Station and Conversion Centre under the Special Palliative Relief on University Transportation (SPROUT) Programme.
The project is part of a nationwide initiative to establish CNG ecosystems in 20 universities and includes CNG-powered buses, tricycles, vehicle conversion facilities and training centres to support affordable transportation for students and staff.
The Federal Government has also partnered with financial institutions under the Credit Access for Light and Mobility (CALM) Fund to provide affordable financing for vehicle conversion to CNG.
The Issues
Mitigating the economic impact of petroleum subsidy reforms by scaling up alternative clean transport infrastructure.
Establishing self-sustaining regional CNG ecosystems across public tertiary institutions to guarantee affordable campus transportation.
Activating retail credit access frameworks to reduce the upfront cost barriers associated with vehicular gas conversion.
What’s Being Said
Expressing total opposition to a reliance on external energy supplies while championing local sovereign resources to power the domestic economy, President Bola Tinubu declared: “Nigeria is a gas nation. Our energy future will not be borrowed. It will be built from what we have, and every project we are commissioning today is proof that we are building it,”
Outlining the strategic role of natural gas in anchoring broader structural development and shielding the country from commercial disruptions, Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the projects “underscored the Federal Government’s commitment to making domestic gas the backbone of Nigeria’s energy transition and economic development.”
Detailing how multi-stakeholder alignments can reliably de-risk and deliver long-term critical public infrastructure, the Executive Director of MDGIF, Oluwole Adama, said the projects “demonstrated the benefits of collaboration among government, regulators, investors and technical partners in driving sustainable development.”
What’s Next
Rolling Energy Limited will operate its new Abuja booster station to serve up to 1,000 vehicles and execute daily conversions through its eight conversion pits.
IBILE Oil and Gas Corporation will continue developing the remaining units of its planned 15-station refueling network across Lagos State.
The SPROUT Programme will look to expand its CNG ecosystem models across 19 other universities nationwide.
Bottom Line
Marking his administration’s third anniversary, President Bola Tinubu virtually commissioned four major MDGIF-backed CNG infrastructure projects spanning Lagos, Abuja, and Owerri—headlined by massive new mother-daughter stations and university transport hubs—reaffirming Nigeria’s commitment to driving its energy transition through domestic gas resources.
The United Nations reported a significant increase in conflict-related sexual violence in 2025, with women and girls accounting for the overwhelming majority of victims.
Armed groups and state actors were implicated in sexual violence linked to war, terrorism, detention and political repression across several conflict zones.
The UN also unveiled progress on its UN80 reform initiative aimed at improving efficiency, reducing costs and strengthening institutional effectiveness.
Main story
The United Nations has reported a sharp increase in conflict-related sexual violence worldwide in 2025, warning that women and girls continue to bear the brunt of abuses linked to armed conflicts, terrorism, political repression and humanitarian crises.
Speaking at a news briefing in New York on Friday, UN Spokesperson, Stephane Dujarric, said the latest report of the UN Secretary-General revealed a significant rise in verified cases of conflict-related sexual violence compared to 2024.
According to the report, a total of 77 parties, including both state and non-state actors, were listed for involvement in conflict-related sexual violence, underscoring the persistence of the crime across multiple conflict zones.
The report noted that sexual violence continued to be used as a tactic of war, torture, terrorism and political repression, with worsening political, security and humanitarian crises contributing to the surge.
Particularly alarming were reports from Burkina Faso, Mali and northern Mozambique, where armed groups abducted women and girls, some as young as 11 years old, subjecting them to repeated rape, sexual slavery and forced pregnancies while in captivity.
The report further highlighted incidents of sexual violence in detention facilities across several regions, including Israel and the Palestinian territories, the Russian Federation and Ukraine.
In Myanmar, the UN documented continuing patterns of sexual violence in detention settings, where such acts were allegedly used to intimidate, punish and silence political opponents.
The Secretary-General stressed that conflict-related sexual violence remains one of the most devastating consequences of war and instability, with long-term impacts on survivors, families and communities.
UN pushes major reforms under UN80 initiative
Meanwhile, UN Secretary-General António Guterres has announced further progress on the UN 2030 Agenda, a wide-ranging reform programme aimed at making the global organisation more efficient, agile, and responsive to contemporary global challenges.
Addressing the General Assembly, Guterres said the reforms were necessary to ensure that every UN mandate, financial resource and decision delivers greater impact for people and the planet amid growing demands and limited resources.
The initiative, launched in March 2025, seeks to modernise the UN system through institutional restructuring, improved coordination and more effective service delivery.
As part of the reforms, the UN plans to reduce Secretariat posts by 21 per cent in 2026 while minimising the impact on staff. Eleven Secretariat teams are also expected to be merged into a common administrative platform serving approximately 6,000 personnel in New York, with similar reforms planned for other duty stations.
Guterres described the initiative as a “paradigm shift” in how the UN organises its work and collaborates across agencies, departments and programmes.
The reform programme also includes a review of thousands of mandates assigned by member states, to reduce duplication, improve transparency and ensuring that resources are aligned with measurable outcomes.
The issues
The rise in conflict-related sexual violence highlights the continued vulnerability of women and girls in conflict zones despite international legal frameworks designed to protect civilians.
Human rights advocates have repeatedly warned that sexual violence remains underreported in many conflict areas, meaning actual figures may be significantly higher than documented cases.
At the same time, the UN faces growing pressure to improve efficiency and effectiveness amid increasing global crises, funding constraints and rising humanitarian needs.
What’s being said
The UN says conflict-related sexual violence is increasingly being used as a deliberate weapon of war, repression and control by both state and non-state actors.
Secretary-General Guterres has argued that institutional reform is necessary to ensure the organisation remains capable of responding effectively to modern global challenges.
Gender advocates continue to call for stronger accountability mechanisms, survivor-centred support services and increased international action against perpetrators.
What’s next
The UN is expected to continue monitoring and documenting conflict-related sexual violence while supporting accountability efforts through international legal and human rights mechanisms.
Implementation of the UN80 Initiative will also continue, with member states expected to deliberate on proposed structural reforms and organisational changes.
Further consultations are anticipated on streamlining UN operations, improving coordination and strengthening the organisation’s capacity to respond to humanitarian and security challenges worldwide.
Bottom line
The UN’s latest report paints a troubling picture of escalating conflict-related sexual violence, particularly against women and girls in conflict zones. At the same time, the organisation is pursuing ambitious reforms aimed at enhancing its effectiveness and ensuring it remains capable of addressing increasingly complex global crises in the years ahead.
The Nigerian Institute of Medical Research (NIMR) has commissioned a 100 KVA solar power system valued at N300 million to address persistent electricity challenges.
The facility, donated by Excellence Community Education Welfare Scheme (ECEWS), will provide uninterrupted power to critical laboratories and research units.
Management says the project will reduce energy costs, improve research efficiency and strengthen healthcare service delivery.
Main story
The Nigerian Institute of Medical Research (NIMR) has commissioned a N300 million solar power facility aimed at addressing the institute’s long-standing electricity challenges and enhancing the efficiency of its research and diagnostic operations.
The 100 KVA solar power system, donated by Excellence Community Education Welfare Scheme, is expected to provide uninterrupted electricity supply to key laboratories and research facilities, reducing reliance on conventional power sources and supporting sustainable energy use.
Speaking during the unveiling ceremony, the Director-General of NIMR, John Obafunwa, represented by the Director of Administration, Mr. Bitrus Nelson, described the intervention as timely and strategic for the institute’s operations.
According to him, reliable electricity remains critical to NIMR’s mandate of conducting research and generating scientific evidence to support national health policies and interventions.
“Today’s event represents much more than the commissioning of a 100 KVA facility. It signifies a shared commitment to sustainable development, resilient research systems and strengthening global partnerships in advancing public health outcomes,” he said.
Obafunwa explained that the solar power installation would support several critical operational units, including the COBAS laboratory for HIV viral load testing, molecular laboratories conducting PCR-based analysis, biobank facilities housing ultra-low temperature freezers, seminar halls and other essential support services.
He noted that uninterrupted power supply is indispensable for laboratory research, cold-chain management, emergency preparedness and data management, adding that the facility would help preserve valuable research specimens and ensure continuity of critical services.
Managing Director of ECEWS, Andy Eyo, described NIMR as a cornerstone of Nigeria’s public health and research ecosystem, stressing that the project forms part of broader efforts to strengthen healthcare infrastructure across the country.
“Without NIMR, we would be more challenged than we can imagine. NIMR has played a significant role in Nigeria’s public health history and in responding to emerging public health threats,” Eyo said.
He disclosed that the project comprises 312 solar panels of 705 watts each, two 209 KVA lithium battery units and two 50 KVA inverters designed to provide stable and efficient power supply.
According to him, the system was developed based on lessons learned from previous renewable energy projects in the health sector and underwent extensive testing in collaboration with NIMR engineers before deployment.
“This is the most sophisticated solar facility we have deployed in the health sector. It is designed not only to provide stable power but also to reduce the institute’s energy costs so that more resources can be redirected into research and quality healthcare,” he added.
Representing the Minister of State for Health, Iziaq Salako, the NIMR Director-General commended ECEWS for supporting Nigeria’s health and research sector, noting that investments in renewable energy are critical for institutional efficiency and service continuity.
He revealed that NIMR’s monthly electricity bill exceeded N48 million shortly after he assumed office in August 2024 and later rose to between N49 million and N52 million despite limited government funding.
The Director-General said the institute had already implemented several energy-saving measures, including the installation of prepaid meters and stricter electricity management practices, but noted that the solar facility would provide a more sustainable solution.
The issues
Research institutions across Nigeria continue to grapple with rising energy costs and unstable electricity supply, which often disrupt critical laboratory activities and increase operational expenses.
For institutions such as NIMR, where scientific research, diagnostic testing and specimen preservation depend heavily on uninterrupted power, energy reliability remains essential to maintaining service quality and research integrity.
The growing adoption of renewable energy solutions is increasingly seen as a viable strategy for improving efficiency and reducing operational costs within the health sector.
What’s being said
NIMR management says the solar project will enhance operational efficiency, reduce dependence on fossil fuel-powered electricity and support environmental sustainability.
ECEWS maintains that the intervention is part of broader efforts to strengthen healthcare infrastructure and public health systems across Nigeria.
Health sector stakeholders have also described renewable energy investments as critical to ensuring uninterrupted healthcare and research services.
What’s next
NIMR is expected to integrate the solar facility fully into its operations while monitoring its impact on energy costs and service delivery.
The institute also plans to continue implementing energy-efficiency measures to maximise the benefits of the installation.
Stakeholders anticipate that the project could serve as a model for similar renewable energy interventions in health and research institutions across the country.
Bottom line
The installation of a N300 million solar power system at NIMR marks a significant step towards addressing persistent energy challenges in Nigeria’s health research sector. Beyond reducing electricity costs, the project is expected to strengthen research capacity, improve diagnostic services and support the country’s broader sustainability and healthcare objectives.
Key points
Congress of Maritime Media Practitioners (CONMMEP) to hold two-day Annual General Meeting, lecture and awards ceremony in Lagos.
The event will focus on maritime...
