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Patience Ozokwor warns parents against shielding children from struggle

By Annette Ikponmwonba | September 3, 2026

Key Points

  • Veteran Nollywood actress Patience Ozokwor has warned parents against completely shielding their children from hardship and hard work.
  • The actress said protecting children from every form of struggle could negatively affect their ability to cope with life.
  • Ozokwor recalled asking her son to leave home and work for himself rather than relying on her property.
  • She attributed the success of her children to the discipline and work ethic with which she raised them.
  • The actress said parents should allow their children to experience responsibility and the realities of life.
  • Ozokwor also recently discussed her early marriage and the challenges she experienced as a young bride.

Main Story

Veteran Nollywood actress Patience Ozokwor has advised parents against completely shielding their children from hardship, arguing that exposing young people to responsibility and hard work can help prepare them for life, Ozokwor, popularly known as Mama G, made the remarks during a recent interview with media personality Femi Baba.

According to the actress, one of the biggest mistakes parents can make is attempting to ensure that their children never experience the difficulties they encountered while growing up, She argued that excessive protection could prevent children from developing the resilience, discipline and independence needed to navigate life after their parents are no longer able to provide for them.

“The fastest way to ruin a child’s life is to say you don’t want them to suffer the way you did,” Ozokwor said, The actress recalled an experience involving one of her sons, whom she said she asked to leave home and establish himself rather than depend on her possessions, “I told my son, ‘My house isn’t yours. Go and work for your own,’” she said, Ozokwor explained that she deliberately raised her children with discipline and an understanding of hard work, adding that she believes those values have contributed to their wellbeing and success.

The Issues

Ozokwor’s comments centre on the balance between parental support and allowing children to develop independence, While parents naturally seek to protect their children from hardship, the actress argued that completely removing challenges from their lives could leave them unprepared for adulthood.

She also warned about the possibility of family disputes over inherited property when children grow up without developing the ability to provide for themselves, Her position is that parents should provide guidance and opportunities for their children while also teaching them responsibility, discipline and the value of earning their own achievements.

What’s Being Said

Ozokwor said parents should not use love as a reason to prevent their children from experiencing every form of struggle, She warned that children who are overly dependent on their parents could face difficulties when those parents are no longer available to provide financial support, The actress also reflected on her own life experiences, including her early marriage and the challenges she faced as a young bride.

Ozokwor previously revealed that she was married at the age of 19, describing the early years of her marriage as difficult because she was not prepared for the responsibilities that came with it, Despite those challenges, she said her children eventually became a major source of happiness and purpose in her life.

What’s Next

Ozokwor is expected to continue sharing her experiences and perspectives on family, parenting and life through public appearances and interviews, Her latest comments are likely to generate further discussion among parents and young Nigerians about the role of financial support, discipline and hardship in raising independent adults.

Bottom Line

Patience Ozokwor believes that protecting children from every form of hardship can ultimately work against them by preventing them from developing independence and resilience, Her advice to parents is not necessarily to deny their children support, but to ensure that support does not become permanent dependence. For Ozokwor, discipline, responsibility and hard work are essential values for preparing children to stand on their own.

11-year-old boy circumcised by schoolmates in South Africa

By Annette Ikponmwonba | September 3, 2026

Key Points

  • An 11-year-old Grade 5 pupil in South Africa was allegedly forcibly circumcised by four older schoolmates.
  • The incident reportedly occurred during break time at Sinqobile Primary School in Soshanguve, north of Pretoria.
  • The alleged attackers were reportedly four Grade 7 pupils who held the boy down in a school toilet.
  • The victim was allegedly threatened against telling anyone about the incident.
  • The boy was taken to a doctor after his mother noticed he was in severe pain.
  • South African police are investigating the matter as assault with intent to cause grievous bodily harm.
  • No arrests had been made at the time of the report.
  • The incident has renewed concerns about unsafe circumcision practices and illegal initiation schools in South Africa.

Main Story

An 11-year-old boy was allegedly dragged into a school toilet and forcibly circumcised by four older pupils in South Africa, according to a report by the Daily Mail, The Grade 5 pupil was reportedly attacked during break time at Sinqobile Primary School in Soshanguve, north of Pretoria, by four Grade 7 pupils who allegedly held him down and cut off his foreskin.

The boys reportedly threatened the victim with violence if he disclosed what had happened, The child returned home after the alleged attack without immediately telling his family. His mother later noticed that he was walking unusually and became concerned after he complained of severe pain.

The mother subsequently discovered that her son had suffered an injury to his genital area and took him to a doctor, According to the report, the boy eventually told his mother that four older pupils had attacked him inside the school toilet, The mother said the pupils pinned her son down, tied a red ribbon around his penis and cut off his foreskin, She said she had opened a criminal case over the incident.

The Issues

The alleged incident has raised serious concerns about child safety in schools and the protection of pupils from violence and abuse, The victim was reportedly attacked by older pupils during school hours, with the alleged assault taking place inside school premises, The incident also raises questions about supervision during break periods and the measures schools have in place to prevent bullying, assault and other forms of violence against children.

The case comes amid wider concerns in South Africa about unsafe circumcision practices connected to some traditional initiation schools, Traditional initiation, known as Ulwaluko, is a rite of passage into manhood among some South African communities. While legally recognised initiation schools operate under regulations, illegal initiation centres have been associated with untrained practitioners, unsafe procedures, serious injuries and deaths.

What’s Being Said

South African Police Service spokesman Captain Tintswalo Sibeko confirmed that the matter was under investigation, He said the Family Violence, Child Protection and Sexual Offences Unit was investigating the case as assault with intent to cause grievous bodily harm, “Our family violence, child protection and sexual offences unit are investigating and no arrests have been made at this stage,” Sibeko stated.

The Gauteng Department of Education also confirmed that the police were investigating the incident and said the outcome of the investigation would determine what action would be taken by the department, The school’s Deputy Principal, George Mahlangu, described the incident as disturbing, stressing that schools should provide safe environments for children, The boy was reportedly taken back to the school by police to identify the alleged attackers, while his mother expressed concerns about sending him back to classes.

What’s Next

The police investigation is expected to determine the circumstances surrounding the alleged assault and identify those responsible, Authorities will also have to determine whether disciplinary or other measures are warranted against the pupils allegedly involved, The boy’s medical recovery and psychological wellbeing will remain important considerations following the alleged attack, The wider concerns surrounding unsafe traditional circumcision practices are also likely to remain a focus for South African authorities, particularly during initiation seasons.

Bottom Line

The alleged forced circumcision of an 11-year-old pupil by older schoolmates has raised serious concerns about child safety, school supervision and violence against children in South Africa, With the police investigating the incident and no arrests reported at the time of publication, the circumstances surrounding the alleged attack remain subject to investigation. The case also highlights the broader risks associated with unsafe circumcision practices and the need for effective protection of children.

Olympic champion Davis Woodhall survives car crash

By Annette Ikponmwonba | September 3, 2026

Key Points

  • Olympic long jump champion Tara Davis Woodhall survived a serious head-on car collision while travelling to training.
  • The 27 year-old American suffered what she described as a severe concussion.
  • Both vehicles involved in the crash were written off.
  • Davis-Woodhall said she was fortunate to escape without major injuries.
  • The athlete is working with her medical team to recover and determine whether she can compete at the World Athletics Ultimate Championships.
  • The inaugural championships begin in Budapest on September 11, 2026.
  • Davis-Woodhall won Olympic gold in the women’s long jump at Paris 2024 and the world title in Tokyo the following year.

Main Story

Olympic long jump champion Tara Davis Woodhall has described herself as “lucky and blessed to be alive” after surviving a serious car crash while travelling to training, The 27 year-old American was involved in what she described as a “very scary” head-on collision last week, resulting in a severe concussion.

Davis Woodhall said she was fortunate to escape the accident without major injuries, although both vehicles involved in the collision were written off, “Luckily I walked away without any major injuries,” Davis Woodhall said in a social media post on Thursday, She added that she was working with her team and doctors to recover but remained uncertain about whether she would be fit to compete at the Ultimate Championships the following week.

“At this point I’m working with my team and doctors to get healthy, but I’m not sure if I will be ready to compete at Ultimate Championships next week. More updates to come,” she said, The accident has disrupted the athlete’s preparations at a crucial point in her season, with Davis Woodhall saying she had reached the peak of her training.

The Issues

The crash comes at a particularly difficult point in Davis Woodhall’s preparations for the inaugural World Athletics Ultimate Championships in Budapest, The American athlete said she had been performing at the highest level of her preparation, describing herself as faster and stronger than ever.

“It’s really unfortunate timing, I am at the peak of my training right now,” she said, “I’m as fast as I’ve ever been. I’m as strong as I’ve ever been. So this decision is very difficult for me. I don’t know where I am right now, Her severe concussion means her participation in the upcoming competition remains uncertain, with her medical team expected to assess her recovery before a final decision is made.

What’s Being Said

Davis Woodhall has not ruled out competing at the World Athletics Ultimate Championships, which are scheduled to begin in Budapest on September 11, The three-day event will feature Olympic, world and Diamond League champions, as well as leading performers from the year, The winner of each event is set to receive a top prize of £111,000.

Despite the setback, Davis-Woodhall said the experience had reinforced the importance of life beyond athletics, Her immediate priority is now recovery and determining whether her condition will allow her to return to competition safely.

What’s Next

Davis Woodhall will continue working with her doctors and support team as she recovers from the concussion, A decision on her participation at the World Athletics Ultimate Championships is expected to depend on her medical progress and whether she is cleared to compete, The athlete’s recovery will be closely watched given her status as one of the leading long jumpers in the world.

Bottom Line

Tara Davis Woodhall survived a serious head-on collision that left both vehicles written off but escaped without major physical injuries, although she suffered a severe concussion, The crash has put her participation at the World Athletics Ultimate Championships in doubt just as she reaches the peak of her training. For now, the Olympic and world champion’s priority is recovery, with her competitive return dependent on medical clearance.

Pound holds ₦1.35 as investors await Fed, BoE signals

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • Sterling is holding around $1.35 against the US dollar as a softer greenback supports the pound
  • Markets are assessing the potential impact of Federal Reserve Chair Kevin Warsh’s hawkish inflation stance on US interest rates
  • Bank of England Governor Andrew Bailey is due to speak on September 4, ahead of the next UK monetary policy decision on September 17

Main Story

The British pound is holding around $1.35 against the US dollar as a weaker greenback provides support, while investors assess monetary-policy signals from the Federal Reserve and Bank of England.

Reuters reported on September 3 that sterling was up about 0.1% at $1.35 after falling to a three-week low of $1.348. The move came as the dollar weakened alongside a rally in the Japanese yen, while easing oil prices reduced some pressure on global markets.

The pound’s immediate outlook remains closely linked to expectations for US interest rates. Federal Reserve Chair Kevin Warsh recently signalled that the central bank could raise rates if inflation does not show sufficient progress towards its 2% target. Markets have subsequently increased their expectations of a September rate hike.

Current market pricing places the probability of a September Federal Reserve rate increase at roughly 65%, according to Reuters’ report on the latest Federal Reserve Beige Book and market expectations.

“We will have work to do if we are not confident that underlying inflation is clearly heading towards 2%,” Warsh said at the Jackson Hole symposium, signalling that persistent inflation could warrant tighter monetary policy.

In the UK, sterling is also responding to expectations surrounding the Bank of England. The central bank’s latest scheduled events show Governor Andrew Bailey is due to deliver a keynote speech on September 4, while the next Monetary Policy Summary and minutes are scheduled for September 17.

The competing monetary-policy outlooks leave sterling sensitive to both US inflation and employment data and UK economic indicators.

What’s Being Said

Reuters reported that sterling has benefited from a softer dollar, while markets are increasingly pricing additional Bank of England rate increases as geopolitical developments keep energy prices elevated.

At the Federal Reserve, Warsh has maintained that persistent inflation could require additional policy tightening, increasing the importance of incoming US data before the September meeting.

What’s Next

  • Federal Reserve policymakers will meet on September 15–16, with markets focused on whether the central bank raises interest rates
  • Bank of England Governor Andrew Bailey is scheduled to speak on September 4, while the next UK monetary-policy decision and minutes are due September 17

Bottom Line:

Sterling’s hold around $1.35 reflects a balance between dollar weakness and rising expectations for tighter monetary policy on both sides of the Atlantic. The next US and UK policy signals will determine whether the pound can break higher or retreats from the $1.35 level.

Money market rates tighten as OMO, T-bills drain liquidity

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • CBN settlements for Treasury bills and Open Market Operations reduced system liquidity despite a ₦2.48 trillion inflow from OMO maturities
  • Interbank surplus fell from ₦4.35 trillion to ₦3.57 trillion while average funding cost rose eight basis points week-on-week to 22.13%
  • Overnight lending rate climbed 15 basis points to 22.25% as banks accessed ₦15.80 billion through the Standing Lending Facility

Main Story

Nigeria’s money market tightened as Central Bank of Nigeria (CBN) Treasury bill and Open Market Operation (OMO) settlements absorbed liquidity, pushing the system surplus down to ₦3.57 trillion.

According to Cowry Asset Limited, the liquidity position moderated from an opening surplus of ₦4.35 trillion after Treasury bill sales generated ₦1.45 trillion in debits and OMO settlements accounted for another ₦2.60 trillion.

The CBN had conducted a midweek Treasury bill auction before carrying out an OMO auction the following day, sterilising about ₦2.5 trillion through the allotment of OMO bills. The combined settlements placed pressure on short-term funding conditions.

The outflows were partly offset by approximately ₦2.48 trillion in OMO maturities, leaving the banking system with a sizeable liquidity surplus of ₦3.57 trillion, Cowry Asset said.

Despite the surplus, average funding costs increased eight basis points week-on-week to 22.13%. The overnight lending rate also rose 15 basis points to 22.25% at the close of trading, while the Open Repo Rate remained at 22.00%.

Financial-system liquidity opened at ₦4.07 trillion and reached an intraday peak of ₦6.81 trillion, supported by OMO maturities and bank placements at the CBN’s Standing Deposit Facility window.

Some banks nevertheless required additional short-term funding, borrowing ₦15.80 billion through the Standing Lending Facility, according to Cowry Asset.

“The outflows were partly offset by approximately ₦2.48 trillion in OMO maturities,” Cowry Asset Limited said in its market assessment.

What’s Being Said

Cowry Asset’s assessment indicates that the market remains liquid in absolute terms, but the simultaneous settlement of government securities has increased the cost of accessing very short-term funds.

The pattern suggests that liquidity management, rather than an outright shortage of funds, is currently driving movements in overnight rates.

What’s Next

  • Banks will monitor further CBN liquidity operations and upcoming Treasury bill and OMO maturities
  • Money-market participants will watch whether the ₦3.57 trillion surplus translates into lower overnight funding costs in subsequent sessions

Bottom Line:

The money market remains comfortably liquid, but CBN sterilisation is beginning to transmit into higher short-term funding costs. The key market signal is whether continued OMO and Treasury bill activity can sustain the tightening without materially constraining bank liquidity.a

Naira strengthens to ₦1,800 per pound, strongest in seven months

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • Naira strengthened to around ₦1,800 per pound in the official market, its strongest level against sterling since late February
  • GBP/NGN has retreated from the ₦1,840–₦1,850 area as volatility eased and two-way foreign exchange flows increased
  • Market participants are watching CBN liquidity measures and Bank of England policy expectations for the next direction of the currency pair

Main Story

The naira has strengthened to around ₦1,800 against the British pound in Nigeria’s official foreign exchange market, marking its strongest level against sterling in about seven months.

Market data showed the GBP/NGN pair trading around the ₦1,800 level after moving within a broader ₦1,800–₦1,850 range in recent weeks. Recent sessions have also shown narrower trading ranges as volatility moderated.

Historical market data showed GBP/NGN closing around ₦1,799.65 on September 2, while the pair traded between approximately ₦1,798 and ₦1,800 during the session.

The latest movement represents a notable improvement from late August, when the pair was trading above ₦1,810 and briefly moved towards ₦1,840. Central Bank of Nigeria historical data also placed the September 2 mid-rate at about ₦1,790.48.

Technical levels identified by market analysts place initial resistance around ₦1,840, with a stronger resistance zone between ₦1,880 and ₦1,900. Support is concentrated around ₦1,780, with a deeper technical floor near ₦1,750.

The recent appreciation reflects a combination of improved foreign exchange liquidity and reduced volatility in the official market. The CBN has continued to focus on market-based price discovery and liquidity management as part of its foreign exchange reforms.

“The immediate outlook for the pair suggests further range-bound consolidation in the coming weeks,” market analysis published by Nairametrics said.

What’s Being Said

Market analysis indicates that the naira’s recent gains are occurring alongside tighter trading ranges and more balanced foreign exchange flows. Nairametrics expects the pair to remain relatively contained unless a significant external shock alters oil revenues, foreign exchange supply or Bank of England expectations.

What’s Next

  • Traders will monitor CBN foreign exchange liquidity and official-market pricing for signs of whether the naira can sustain its recent gains
  • The next major directional test is whether GBP/NGN can remain below ₦1,840 while defending support around ₦1,780

Bottom Line:

The naira’s move towards ₦1,800 per pound signals improved short-term stability rather than a decisive change in the currency’s longer-term trajectory. Sustaining the gain will depend on continued foreign exchange liquidity and whether external pressures push sterling higher.

NYSC sets date for foreign-trained graduates’ physical verification

Nysc

By Annette Ikponmwonba | September 3, 2026

Key Points

  • NYSC has scheduled physical verification for foreign-trained Nigerian graduates participating in the 2026 Batch ‘C’ Stream I service year.
  • The exercise will run from Tuesday, September 8, to Saturday, September 12, 2026.
  • Nine verification centres have been designated across Nigeria.
  • Prospective corps members must report according to the date, time and venue stated on their verification slips.
  • Applicants are required to present the original credentials and travel documents submitted during online registration.
  • Medical graduates must also present professional licences, registration certificates and other relevant documents.
  • NYSC said only candidates who are physically verified and cleared will be deployed, exempted or excluded from national service.

Main Story

The National Youth Service Corps (NYSC) has announced nine centres for the physical verification of credentials and travel documents of foreign-trained Nigerian graduates participating in the 2026 Batch ‘C’ Stream I service year, The NYSC disclosed this in a post on its X handle on Thursday, stating that the verification exercise will take place from Tuesday, September 8, to Saturday, September 12, 2026.

The exercise is specifically for prospective corps members whose credentials and travel documents are yet to undergo physical verification, The scheme urged affected candidates to report strictly on the date, time and venue indicated on their verification slips to ensure an orderly process and prevent overcrowding at the designated centres, The nine centres are located in Enugu, Bauchi, the Federal Capital Territory, Kano, Lagos, Osun, Rivers, Sokoto and Adamawa.

The designated centres are:

  • Enugu: NYSC Secretariat, 2 Abakaliki Road, GRA, Enugu.
  • Bauchi: Shadawanka Military Barracks, Bauchi.
  • FCT: NYSC Orientation Camp, Kubwa, Abuja.
  • Kano: Bukavu Military Barracks, Fagge, Airport Road, Kano.
  • Lagos: NYSC Orientation Camp, Iyanapaja, Lagos.
  • Osun: NYSC Secretariat, New Ikirun Road, Osogbo.
  • Rivers: NYSC Secretariat, 40 Ikwerre Road, Port Harcourt.
  • Sokoto: Eagle Officers’ Mess, Giginya Cantonment, Gusau Road, Sokoto.
  • Adamawa: NYSC Secretariat, Federal Secretariat Complex, Yola.

The Issues

The physical verification is a mandatory requirement for eligible foreign-trained Nigerian graduates seeking to participate in the national service programme, According to the NYSC, prospective corps members are required to present the original versions of all credentials and travel documents uploaded, or expected to be uploaded, during the online registration process.

Medical graduates face additional documentation requirements. They are expected to upload their professional licences, registration certificates and other relevant documents issued by their professional bodies and present the original copies during physical verification, The NYSC has also directed prospective corps members to submit original copies of Evaluation Letters issued by the Federal Ministry of Education at the NYSC Headquarters in Abuja and upload acknowledged copies online, The requirements are intended to ensure that the credentials and documents used to qualify candidates for national service are properly authenticated.

What’s Being Said

The NYSC urged prospective corps members to comply strictly with the dates, times and venues indicated on their verification slips, The scheme warned that only prospective corps members who are physically seen with their credentials, verified and cleared will be considered for deployment, exemption or exclusion from national service, The warning underscores the importance of completing the physical verification process for foreign-trained graduates whose documents have not yet been verified.

What’s Next

The physical verification exercise will commence on September 8 and continue until September 12, 2026, across the nine designated centres, Affected prospective corps members are expected to attend with their original credentials, travel documents and any additional professional documents required for their category, Candidates should also ensure that their documentation is consistent with the information submitted during online registration to avoid delays or complications during verification.

Bottom Line

The NYSC has set September 8–12, 2026, for the physical verification of foreign-trained Nigerian graduates participating in the 2026 Batch ‘C’ Stream I service year, With verification serving as a condition for deployment, exemption or exclusion from national service, affected graduates must attend their designated centres with the required original documents and comply with the instructions on their verification slips.

Private sector credit rises to n83.43tn despite high rates

"FG Is Committed To Improving The Economy" - National Planning Minister

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • Private sector credit rose to N83.43 trillion in July 2026, up 8.74% from N76.72 trillion a year earlier
  • Lending increased by N2.84 trillion between April and July, although monthly growth slowed sharply in July
  • Credit expanded despite the Central Bank of Nigeria maintaining its Monetary Policy Rate at 26.50%

Main Story

Nigeria’s private sector credit rose to N83.43 trillion in July 2026 as bank lending continued to expand despite the Central Bank of Nigeria’s tight monetary policy stance. Latest CBN data showed that private sector credit increased by N171.8 billion, or 0.21%, between June and July, following a much stronger N2.22 trillion increase in the previous month.

The July balance was N6.70 trillion higher than the N76.72 trillion recorded in July 2025, representing an annual increase of 8.74%. Between April and July, private sector credit rose from N80.59 trillion to N83.43 trillion, a 3.52% increase.

The increase came while the CBN kept its Monetary Policy Rate at 26.50%, as policymakers continued to focus on inflation control and macroeconomic stability.

The latest data also showed weaker government borrowing. Net domestic credit fell by N5.94 trillion, or 4.82%, to N117.35 trillion in July from N123.29 trillion in June, while credit to government declined from N40.03 trillion to N33.92 trillion.

However, the CBN data do not provide a sector-by-sector breakdown of the July increase, making it difficult to determine how much of the additional lending went to manufacturing, agriculture, trade, real estate or other activities.

What’s Being Said

“The real test lies in how well the banking system supports investment, enterprise, job creation and economic transformation,” said Muda Yusuf, Chief Executive Officer, Centre for the Promotion of Private Enterprise.

The CPPE has separately warned that Nigeria’s real sector continues to face prohibitive lending rates, short loan tenors, stringent collateral requirements and limited access to patient capital.

What’s Next

The direction of private sector credit will be closely watched in subsequent CBN data, particularly as banks operate under a still-high 26.50% policy rate.

The composition of new lending will also matter, as stronger credit growth will have a greater economic impact if financing reaches productive sectors and supports investment and expansion.

Bottom Line

The Bottom Line: The rise in private sector credit shows that demand for financing remains resilient, but the sharp slowdown in July suggests that high borrowing costs may still be limiting the pace of expansion. The key issue is increasingly not just how much banks lend, but where the credit goes and at what cost.

Nigeria eurobond yields climb to 8.2% on long-term debt

DMO Set To Auction N150bn Bond On FG's Behalf

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • Nigeria’s 15 outstanding Eurobonds traded at yields between 5.625% and 8.156% at the end of August
  • The September 2051 Eurobond recorded the highest yield at 8.156%, reflecting a stronger premium on long-term sovereign debt
  • Several existing bonds traded above face value, indicating continued demand despite elevated risk premiums

Main Story

Nigeria’s Eurobond yields rose as high as 8.156% on August 31, 2026, signalling that investors continue to demand higher returns for holding the country’s longer-dated dollar debt. Data published by the Debt Management Office (DMO), with market information sourced from Bloomberg, showed that yields across Nigeria’s 15 outstanding Eurobond issues ranged from 5.625% to 8.156%.

The highest yield was recorded on the 8.25% $1.25 billion Eurobond due in September 2051, which closed at $100.983 with a yield of 8.156%. The January 2049 bond yielded 8.076%, while the January 2046 issue recorded 8.058%.

Shorter-dated securities traded at significantly lower yields. The November 2027 Eurobond yielded 5.625%, while the September 2028 bond recorded 5.924%, highlighting the premium attached to longer-term Nigerian sovereign exposure.

Several securities also traded above their $100 face value. The December 2034 bond closed at $119.428 and yielded 7.211%, while the June 2031 bond traded at $112.391 with a yield of 6.553%.

The higher market prices mean investors buying these securities in the secondary market receive yields below the coupons attached to the bonds when they were originally issued.

What’s Being Said

“When a bond trades above its face value, its effective yield falls below its coupon rate, while bonds trading below par generally offer higher effective yields,” said Yetunde Oriji, a Lagos-based fixed income analyst.

What’s Next

Investors will continue to monitor movements in Nigeria’s longer-dated Eurobonds for changes in sovereign risk pricing and demand for external debt.

The yield curve will also remain important if the Federal Government considers returning to the international debt market, as elevated long-term yields could increase the cost of new borrowing and refinancing.

Bottom Line

The Bottom Line: Nigeria’s Eurobond market is showing a split signal: several existing bonds remain attractive enough to trade above par, but investors still demand a significantly higher return for taking longer-term sovereign risk. That combination could keep future external borrowing expensive even as demand for some outstanding securities remains firm.

Tinubu’s FBI report campaign damaging Nigeria’s image – reps spokesman

By Annette Ikponmwonba | September 3, 2026

Key Points

  • House of Representatives Deputy Spokesperson Philip Agbese has criticised opposition campaigns over alleged United States government documents concerning President Bola Ahmed Tinubu.
  • Agbese said the campaign could damage Nigeria’s international reputation and affect ordinary Nigerians abroad.
  • He accused opposition politicians of taking domestic political disagreements into foreign political circles.
  • The lawmaker urged the Trump administration to scrutinise the credibility and motives of those lobbying Washington over the allegations.
  • Agbese said allegations against Tinubu should be assessed based on appropriate legal and evidentiary standards.
  • He warned that negative portrayals of Nigeria could affect investment, business relationships, immigration decisions and opportunities for Nigerians abroad.
  • The lawmaker called for political disputes to be pursued through Nigeria’s democratic and judicial institutions.

Main Story

The Deputy Spokesperson of the House of Representatives, Philip Agbese, has criticised the campaign by opposition politicians over alleged United States government documents concerning President Bola Ahmed Tinubu, describing the move as damaging to Nigeria’s international image, Agbese made the comments while speaking to journalists in Abuja on Wednesday evening, arguing that political disagreements should not be pursued at the expense of Nigeria’s reputation and the interests of its citizens abroad.

The development follows a campaign reportedly being spearheaded by a Washington-based lobbying firm seeking to draw the attention of officials in the Donald Trump administration and members of the United States Congress to allegations concerning Tinubu, Speaking on behalf of concerned lawmakers and civil society groups, Agbese said the circulation of old documents and unproven allegations in foreign political circles could have consequences extending beyond the political figures involved.

According to him, Nigerians who travel, study, work, conduct business or seek opportunities abroad could ultimately be affected by the manner in which Nigeria and its leadership are portrayed internationally, “This has gone beyond politics. When desperate politicians begin to export their political battles and package Nigeria as a country whose leadership is allegedly built around criminality, they are not hurting President Tinubu alone,” Agbese said.

“They are damaging the image of every Nigerian who travels, studies, works, does business or seeks opportunities abroad., Agbese acknowledged the right of opposition politicians to criticise the administration and challenge government policies but argued that foreign governments and institutions should not be turned into instruments for resolving Nigeria’s domestic political disputes.

The Issues

The controversy centres on the use of alleged United States government records and lobbying efforts in political arguments concerning Tinubu as Nigeria approaches the 2027 general elections, Agbese questioned the use of decades-old documents from a civil forfeiture proceeding to define Nigeria’s current political leadership, particularly when the documents are being promoted in an electoral context.

He argued that allegations should not repeatedly be presented as established facts without being subjected to appropriate legal and evidentiary standards, The lawmaker also raised concerns about the possible wider consequences of portraying Nigeria negatively before foreign governments and institutions, He warned that such campaigns could potentially influence perceptions of Nigerians seeking international business partnerships, employment, education, investment and immigration opportunities.

What’s Being Said

Agbese urged President Trump and his administration to carefully scrutinise the credibility and motives of individuals presenting themselves as advocates for Nigeria before acting on information supplied through political lobbying, “We call on President Trump and his administration to ignore elements whose new responsibility appears to be blackmailing the Federal Government of Nigeria and, by extension, the Nigerian people who are earnestly earning a living abroad,” he said.

Agbese argued that the relationship between Nigeria and the United States extends beyond domestic political contests and should instead focus on areas such as security, trade, investment and development, “America and Nigeria have a relationship that is far bigger than the ambitions of desperate politicians,” he said.

He maintained that Nigeria’s international reputation should not become collateral damage in domestic political competition, “We must stop treating Nigeria’s international reputation as collateral damage in our political contests,” Agbese said.

What’s Next

Agbese said the House of Representatives would continue to defend Nigeria’s national interest while encouraging political actors to resolve their disagreements through democratic and judicial institutions within the country, He urged politicians seeking to challenge Tinubu’s administration to focus on government policies, governance and the electoral process rather than efforts to mobilise foreign governments against Nigeria, The controversy is likely to remain part of the broader political debate ahead of the 2027 elections, particularly as Nigerian political actors increasingly engage international institutions and policymakers.

Bottom Line

Philip Agbese has framed the campaign over alleged US documents concerning President Tinubu as an issue that extends beyond partisan politics, warning that negative portrayals of Nigeria could have consequences for ordinary Nigerians, His comments reflect the Federal Government-aligned position that domestic political disputes should not be internationalised in ways that could undermine Nigeria’s diplomatic, economic and social interests, However, allegations concerning public officials remain matters that should be assessed on the basis of verifiable evidence and applicable legal standards, rather than political claims from either side.

Egbin power begins 11th annual scholarship programme

By Annette Ikponmwonba | September 3, 2026

Key Points

  • Egbin Power has commenced the 11th edition of its annual scholarship programme.
  • More than 250 students from the company’s host communities participated in the 2026 pre-test exercise.
  • The programme provides free quality education opportunities for outstanding primary and secondary school students.
  • The 2026 edition will include an education fair, boot camp, mentorship sessions and playgroup activities.
  • The initiative is designed to improve academic performance while developing students’ confidence, discipline and leadership skills.
  • Egbin Power said the programme aligns with Sustainable Development Goal 4 on inclusive and equitable quality education.
  • The company also implements CSR initiatives covering healthcare, youth empowerment, infrastructure and human capital development.

Main Story

Egbin Power has commenced the 11th edition of its annual scholarship programme, with more than 250 students from its host communities participating in the 2026 pre-test exercise, The power generation company said the scholarship programme is designed to provide free quality education to outstanding students selected from primary and secondary schools across its host communities.

The initiative, which Egbin Power described as part of its Personal Corporate Social Responsibility programme, is aimed at improving access to quality education and creating opportunities for young people within the communities where it operates, The company said the scholarship programme aligns with Sustainable Development Goal 4, which promotes inclusive and equitable quality education and lifelong learning opportunities.

The 2026 edition will feature an education fair, boot camp, mentorship sessions and playgroup activities. These activities are intended to support participants beyond academic performance by helping them develop life skills, discipline, confidence and leadership qualities, The Chief Executive Officer of Egbin Power, Mokhtar Bounour, said the company considers education a key driver of sustainable development and remains committed to investing in young people within its host communities.

According to Bounour, the scholarship programme represents a deliberate investment in the future of the communities surrounding the company’s operations, He said Egbin Power’s responsibility extends beyond electricity generation to creating opportunities and helping young people realise their potential.

The Issues

Access to quality education remains an important component of community development, particularly for young people in communities hosting major industrial and power-sector operations, For Egbin Power, supporting education provides an opportunity to contribute to human capital development while strengthening its relationship with host communities.

The scholarship programme also reflects a broader shift in corporate social responsibility, with companies increasingly investing in initiatives intended to create long-term social and economic value rather than focusing solely on short-term community interventions, By combining academic support with mentorship, leadership development and life-skills activities, Egbin Power is seeking to provide beneficiaries with broader tools for personal and professional development.

What’s Being Said

Bounour said Egbin Power remains committed to accelerating development within its host communities through sustainable interventions, “Education is one of the most powerful and sustainable ways to create that impact, and our scholarship programme is a deliberate investment in the future of our communities,” he said.

He added that the company believes its responsibility goes beyond generating electricity and includes generating opportunities, nurturing potential and enabling young people to pursue their ambitions, “The legacy we want to build is one of lasting value, where quality education becomes a foundation for individual progress, stronger communities and a better society,” Bounour stated.

What’s Next

The selected students will participate in the various activities planned under the 2026 scholarship programme, including the education fair, boot camp and mentorship sessions, Egbin Power is also expected to continue implementing other community-focused initiatives in healthcare, youth empowerment, community infrastructure and human capital development, The company said these interventions form part of its broader commitment to supporting sustainable development in its host communities.

Bottom Line

Egbin Power’s 11th annual scholarship programme extends the company’s community investment beyond its core electricity-generation business, with more than 250 students participating in the 2026 selection process, By combining educational support with mentorship and leadership development, the programme is designed to strengthen opportunities for young people and contribute to long-term human capital development in Egbin Power’s host communities.

Dollar To Naira Exchange Rate Today, September 3rd, 2026

Dollar To Naira Exchange Rate Today (Tue. May 31, 2022)

The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange,the official forex trading portal, showed that the naira closed at 1343 per $1 on Thursday, Septermber 3rd 2026. The naira traded as high as 1320 to the dollar at the investors and exporters (I&E) window on Wednesday. This is brought to you by Bizwatch Nigeria.

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

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1403 and buy at ₦1395 on Wednesday 2nd, 2026, according to sources at Bureau De Change (BDC).

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

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)Black Market Exchange Rate Today
Selling Rate₦1405
Buying Rate₦1398

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)CBN Rate Today
Highest Rate₦1329
Lowest Rate₦1326

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

Apapa terminal records 6% export growth in H1 2026

APM Terminals Apapa Introduces Berthing Window For Better Port Services

By Annette Ikponmwonba | September 3, 2026

Key Points

  • APM Terminals Apapa recorded a 6% increase in export volumes in the first half of 2026.
  • The terminal said the growth reflects the resilience of Nigerian exporters and improvements in export operations.
  • Dedicated export lanes have been introduced to speed up cargo access to the terminal.
  • Rail connectivity between Lagos and Moniya in Ibadan operates three times weekly, providing an alternative to road transportation.
  • The terminal also handles export cargo through the Ebute Metta rail corridor.
  • APM Terminals Apapa said its Exporters Forum is helping stakeholders identify and address challenges across the export value chain.
  • Major export commodities handled at the terminal include soybeans, cashew nuts, cocoa, hibiscus flowers and solid minerals.

Main Story

APM Terminals Apapa recorded a 6% increase in export volumes in the first half of 2026, reinforcing its commitment to supporting Nigeria’s non-oil export sector and improving access for local exporters to international markets, The terminal disclosed this in a statement, attributing the growth to the resilience of Nigerian exporters and a series of operational and service improvements introduced to facilitate export trade.

The Managing Director of APM Terminals Apapa, Kamal Alhraishat, said exports through the terminal had maintained a positive growth trajectory over the past five years, “Over the last five years, exports through our terminal have maintained a positive growth trajectory. The terminal recorded a six per cent increase in export volumes in the first half of 2026,” Alhraishat said.

He explained that the increase reflected both the ability of Nigerian exporters to withstand operational challenges and targeted improvements implemented by the terminal to simplify cargo movement and improve access to global markets, Among the measures introduced are dedicated export lanes at the terminal gate, which are designed to accelerate access for export cargo.

Alhraishat also highlighted the terminal’s rail connectivity as another measure aimed at improving the efficiency and predictability of cargo transportation, According to him, the rail connection between Lagos and Moniya in Ibadan operates three times a week, giving exporters an alternative to road transportation and reducing their exposure to traffic congestion along the Apapa corridor and interstate routes, The terminal also handles export cargo through the Ebute Metta rail corridor, allowing goods from different parts of Lagos to reach the port while helping exporters reduce road congestion and transit times.

The Issues

Nigeria has continued to push for greater diversification of its export earnings away from crude oil, making efficient port infrastructure and logistics increasingly important to the growth of the non-oil export sector, For exporters, delays in moving agricultural and other time-sensitive products to ports can increase costs, affect product quality and reduce competitiveness in international markets.

APM Terminals said improving cargo movement is therefore critical to ensuring Nigerian products reach global markets efficiently, The Head of Commercial at APM Terminals Apapa, Kayode Olufemi-Daniel, noted that time is particularly important for agricultural exports because delays along the supply chain can affect the quality of products and, in some cases, make them unsuitable for export, This makes reliable transportation, efficient port processes and effective coordination between exporters and government agencies critical to Nigeria’s export ambitions.

What’s Being Said

Alhraishat said the terminal’s objective goes beyond container handling, stressing that its operations are designed to make Nigerian exports faster and more competitive internationally, He said dedicated export lanes and rail connectivity were part of efforts to achieve this objective.

The terminal is also using its Exporters Forum, now in its third year, to bring together exporters, government agencies, shipping lines, logistics companies and other stakeholders, According to Alhraishat, the forum is designed to move beyond discussions by turning stakeholder feedback into practical measures that can improve efficiency across the export value chain.

Olufemi-Daniel said the initiative aligns with the Federal Government’s objective of developing an export-led economy, He added that APM Terminals Apapa would continue working with customers, government agencies and industry partners to identify opportunities for reducing delays and strengthening Nigeria’s export ecosystem.

What’s Next

APM Terminals Apapa is expected to continue expanding operational measures aimed at facilitating export cargo movement, including the use of dedicated export lanes and rail transportation, The terminal will also continue its engagement with exporters and other stakeholders through the Exporters Forum as it seeks practical solutions to challenges affecting the export value chain, The effectiveness of these measures will be important as Nigeria seeks to increase non-oil exports, reduce logistics bottlenecks and improve the competitiveness of locally produced goods in international markets.

Bottom Line

The 6% increase in export volumes at APM Terminals Apapa in H1 2026 signals continued activity in Nigeria’s non-oil export sector, while highlighting the importance of efficient logistics infrastructure, With exporters handling commodities such as soybeans, cashew nuts, cocoa, hibiscus flowers and solid minerals, improvements in port access, rail connectivity and cargo processing could help reduce logistics costs and strengthen Nigeria’s position in global markets.

Week 13 Football Pools Fixtures: Saturday September 26 2026

Week 13 Pool Fixtures for Sat 1 Oct 2022 – UK 2022/2023

Now you can find the Week 13 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 13 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

Key Details for Week 13 Fixtures:

  • Season: UK Football Pools 2026/2027
  • Match Date: Saturday, September 26, 2026
  • Coupon Category: Advance Pool Fixtures
Pool Fixtures For This Week: 13; SEASON: UK 2026/2027
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Naira strengthens to ₦1,329 as dollar demand eases

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • Naira strengthens to ₦1,329.43/$ at the official Nigerian foreign exchange market
  • Currency records its strongest official level since May 29, 2024
  • External reserves reach $53.806 billion as foreign exchange conditions improve

Main Story

The naira strengthened to ₦1,329.43 per US dollar at Nigeria’s official foreign exchange market on Tuesday, September 1, 2026, extending its recent appreciation and reaching its strongest level in more than two years.

Central Bank of Nigeria (CBN) data showed the currency gained ₦6.50, or 0.49%, from ₦1,335.50/$ on the previous trading day. The September 1 close was the naira’s strongest official level since May 29, 2024, when it closed at ₦1,329.65/$, according to market reporting based on CBN data.

The currency traded within a range of ₦1,327 to ₦1,335.50/$ during the session, while the weighted average official rate settled at ₦1,329.43/$.

The latest appreciation extends a recovery that has gathered pace since mid-August. The naira strengthened from ₦1,358.25/$ on August 14 to ₦1,349.99/$ on August 24, ₦1,343/$ on August 26 and ₦1,337/$ on August 28 before closing at ₦1,335.50/$ on August 31.

Nigeria’s external position has also improved. Gross external reserves rose to $53.806 billion at the end of August, providing a larger foreign exchange buffer for the economy, according to figures reported from CBN data.

Foreign exchange activity, however, remains closely watched. CBN data showed interbank turnover of $139.454 million on September 1, while market participants continued to monitor the spread between official and parallel-market quotations.

The latest move comes as the naira continues to recover from the higher levels recorded earlier in August and as stronger external reserves support confidence in Nigeria’s foreign exchange position.

What’s Being Said

“The latest closing rate is the strongest level recorded by the naira since May 29, 2024.” Nairametrics, citing Central Bank of Nigeria data and its market database.

The improvement has been linked by market observers to stronger foreign exchange liquidity and the rebuilding of Nigeria’s external reserves, although the gap between the official market and parallel-market rates remains a factor to watch.

What’s Next

The market will continue to track daily CBN foreign exchange data for evidence that the naira’s appreciation is being sustained.

Investors and businesses will also watch external reserves, dollar supply, foreign exchange turnover and demand for imported goods for signs of whether current stability can persist.

Bottom Line

The Bottom Line: The naira’s move below ₦1,330/$ is a significant improvement in the official market and is supported by stronger external reserves. Sustaining the gains, however, will depend on whether improved dollar liquidity and reserves continue to translate into deeper and more stable foreign exchange conditions.

NGX index dips 0.03% as investors shed ₦41bn

Stock Exchange Closes Trading Week With N30bn Gain

By Boluwatife Oshadiya | September 3, 2026

Key Points

  • NGX All-Share Index falls 0.03% to 246,019.17 points after four consecutive sessions of gains
  • Market capitalisation declines by ₦40.99 billion to ₦158.91 trillion
  • NASCON, Beta Glass and Academy lead losses while Tripple Gee, Sovereign Insurance and Oando advance

Main Story

The Nigerian Exchange (NGX) closed lower on Wednesday, September 2, 2026, as losses in heavyweight stocks outweighed gains elsewhere, ending a four-session rally.

The NGX All-Share Index (ASI) fell 63.46 points, or 0.03%, to close at 246,019.17 points, while the market’s year-to-date return moderated to 58.10%. Market capitalisation also declined by ₦40.99 billion to ₦158.91 trillion, according to market data reported by Proshare and Capital Bancorp.

The decline was driven by losses in major stocks, with NASCON falling 10.00%, Beta Glass dropping 9.99%, Academy Press declining 9.76% and Computer Warehouse Group losing 9.35%. Access Holdings, United Bank for Africa, Fidelity Bank and Stanbic IBTC were also among the large-cap counters that declined.

The broader market remained relatively balanced. Proshare reported 34 advancing stocks against 29 decliners, while other market reports put the session at 33 gainers and 29–30 decliners. Tripple Gee led the gainers with a 10.00% rise, followed by Sovereign Trust Insurance at 9.71% and Oando at 9.43%.

Trading activity weakened from the previous session. Market data showed 426.66 million shares traded in 41,391 deals valued at ₦28.27 billion, compared with 651.24 million shares worth ₦40.75 billion across 43,674 deals on Tuesday.

Access Holdings topped the volume chart with about 33.22 million shares, while Aradel Holdings led by value with approximately ₦4.14 billion in transactions.

Sector performance was mixed, with insurance recording the strongest gain of 2.72%, followed by oil and gas at 0.26% and industrial goods at 0.23%. Banking declined 0.59%, while consumer goods fell 0.21%.

What’s Being Said

“With valuations already reflecting a significant re-rating in several large-cap stocks, sustained advances will depend less on general sentiment and more on earnings quality, dividend capacity, corporate actions and the availability of liquidity to support current prices.” Proshare Research.

Market research from Capital Bancorp similarly showed that the September 2 session was marked by strong individual-stock movements despite the marginal decline in the benchmark index.

What’s Next

Investors will be watching whether the recent rally resumes after the midweek pause, particularly as buying interest continues to rotate between sectors and individual stocks.

Attention is also likely to remain on the upcoming FTSE Russell reclassification event scheduled for September 21, which could influence investor positioning and foreign participation in Nigerian equities.

Bottom Line

The Bottom Line: Wednesday’s decline was marginal, but the heavy losses in several large-cap stocks show that profit-taking remains a significant force beneath the market’s strong year-to-date performance. The next sessions will reveal whether the pullback is a temporary consolidation or the beginning of a broader shift in investor positioning.

Week 12 Football Pools Fixtures: Saturday September 19 2026

Week 12 Pool Fixtures for Sat 24 Sept 2022 – UK 2022/2023

Now you can find the Week 12 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 12 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

  • Season: UK Football Pools 2026/2027
  • Match Date: Saturday, September 19, 2026
  • Coupon Category: Advance Pool Fixtures
Pool Fixtures For This Week: 12; SEASON: UK 2026/2027
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Davido blasts Erigga over family wealth debate

Davido Distributes ₦250m To 292 Orphanages, See Full List

By Annette Ikponmwonba | September 3, 2026

Key Points

  • Afrobeats star Davido has criticised rapper Erigga following a disagreement over family wealth and success in the music industry.
  • Erigga praised musicians who built their careers without financial support from wealthy families.
  • Davido argued that artistes from wealthy backgrounds also deserve recognition when they work hard to achieve success.
  • The singer accused Erigga of promoting what he described as “useless motivation.”
  • Davido maintained that coming from a wealthy family does not eliminate the effort required to reach the top of the entertainment industry.

Main Story

Afrobeats star David Adeleke, popularly known as Davido, has criticised Nigerian rapper Erhiga Agarivbie, better known as Erigga, following a disagreement over the role of family wealth in the success of musicians, The disagreement began after Erigga shared a post on his X account praising artistes who did not come from wealthy families and had to work their way up to build successful careers.

Erigga wrote “Shoutout to all the musicians who don’t come from family money and had to grind for every single dollar they earn, Davido responded by arguing that musicians who grew up with financial support from their families should also be recognised when they put in the work required to establish successful careers.

The singer maintained that coming from a financially privileged background should not automatically diminish the hard work, talent and determination required to reach the top of the entertainment industry, Davido said family wealth could provide opportunities, but it does not necessarily guarantee long-term success in a highly competitive music industry.

The Issues

The exchange between the two artistes centres on a broader debate about privilege, family wealth and merit within Nigeria’s entertainment industry, Erigga’s post highlighted the struggles of musicians who have had to build their careers without financial backing from their families. Davido, however, challenged the implication that musicians from wealthy backgrounds should receive less recognition for their achievements.

The disagreement also reflects different perspectives on what constitutes success in the entertainment industry, particularly where access to resources and opportunities can influence an artiste’s early career, While financial support may provide advantages such as access to better equipment, connections and promotional opportunities, maintaining a successful career still requires talent, consistency and audience acceptance.

What’s Being Said

Davido responded to Erigga in a strongly worded post, questioning the value of motivational messages that focus exclusively on artistes who came from disadvantaged backgrounds, He wrote “No be we say make your pops no guard o. Shoutout to the ones that came from family money and still grind to the top. Comot here with that your useless motivation … imbecile.”

Davido further suggested that he intended to continue building his wealth and eventually leave the music industry behind, arguing that success should not be judged negatively because an artiste had access to family wealth, “GO MAKE MY BILLIONS … then that shit gonna be boring AF. Deep down who like poverty? Nonsense,” he added.

What’s Next

The exchange has the potential to generate further discussion among Nigerian music fans about privilege, wealth and the different paths artistes take to achieve success, It remains to be seen whether Erigga will respond directly to Davido’s comments or whether the disagreement will remain a social media exchange.

Bottom Line

Davido and Erigga’s disagreement has reignited the debate over whether musicians from wealthy families should receive the same recognition as those who build their careers without family financial support, While Erigga celebrated artistes who had to overcome financial limitations, Davido argued that family wealth does not eliminate the effort required to reach and remain at the top of the music industry.

Week 11 Football Pools Fixtures: Saturday September 12 2026

Week 11 Pool Fixtures for Sat 17 Sept 2022 – UK 2022/2023

Now you can find the Week 11 pool fixtures 2026: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.

Find all the Week 11 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).

Key Details for Week 11 Fixtures:

  • Season: UK Football Pools 2026/2027
  • Match Date: Saturday, September 12, 2026
  • Coupon Category: Advance Pool Fixtures
WEEK: 11; SEASON: UK 2026/2027; DATE: 12-09-2026
№Pools FixturesStatus
1BournemouthBrentfordSaturday
2Aston VillaNottinghamSaturday
3ChelseaHull CitySaturday
4Crystal P.IpswichSaturday
5LiverpoolFulhamSaturday
6TottenhamEvertonLKO
7SunderlandArsenalLKO
8BoltonCardiffEKO
9DerbyBirminghamEKO
10West BromQ.P.R.EKO
11BlackburnMillwallSaturday
12CharltonPortsmouthSaturday
13MiddlesbroNorwichSaturday
14PrestonLincolnSaturday
15SouthamptonBristol C.Saturday
16SwanseaBurnleySaturday
17WatfordStokeSaturday
18Leyton O.WycombeEKO
19Notts Co.Bradford C.EKO
20A. WimbledonDoncasterSaturday
21BlackpoolBromleySaturday
22Cambridge U.ReadingSaturday
23MansfieldHuddersfieldSaturday
24Milton K.D.PeterboroSaturday
25Oxford Utd.Burton A.Saturday
26PlymouthBarnsleySaturday
27Sheff Wed.Wigan A.Saturday
28StockportLeicesterSaturday
29CrawleyCheltenhamEKO
30GrimsbyBristol R.EKO
31BarnetAccringtonSaturday
32ColchesterCreweSaturday
33GillinghamTranmereSaturday
34Newport Co.FleetwoodSaturday
35OldhamChesterfieldSaturday
36Port ValeExeterSaturday
37RotherhamSalford C.Saturday
38ShrewsburyNorthamptonSaturday
39WalsallRochdaleSaturday
40York CitySwindonSaturday
41Ayr UnitedInvernessSaturday
42DunfermlineQueen’s PkSaturday
43RaithArbroathSaturday
44AirdrieAlloaSaturday
45E. KilbridePeterheadSaturday
46MontroseC. RangersSaturday
47Queen O’SthEast FifeSaturday
48AnnanElgin CitySaturday
49EdinburghStirling A.Saturday

Lagos targets 400MW power, 6,000km fibre network

Badagry To Become A Tourism, Industrial Hub - Sanwo-Olu

Key Points

  • Lagos targets 200MW to 400MW of state-procured electricity capacity by 2030.
  • State plans to expand its fibre network from 3,000km to 6,000km.
  • Government seeks to attract technology companies, data centres and regional headquarters.

Main Story

Lagos State is targeting up to 400 megawatts of state-procured electricity and a 6,000-kilometre fibre network as it strengthens infrastructure for digital businesses and technology investment.

Gov. Babajide Sanwo-Olu disclosed this on Wednesday at the opening of the two-day GITEX Nigeria Tech Expo and Future Economy Conference 2026 in Lagos.

The governor, represented by his Deputy, Dr Obafemi Hamzat, said reliable electricity, extensive fibre infrastructure and clear regulations were necessary to sustain Lagos’ digital growth.

“Power remains our greatest constraint on productivity, and I will be direct about this: power in Lagos is not solved,” Sanwo-Olu said.

He said the state had enacted the Lagos State Electricity Law and established the Lagos State Electricity Regulatory Commission to strengthen electricity regulation.

Lagos has also licensed independent operators in off-grid generation, embedded generation, independent distribution, metering and mini-grids, while signing power purchase agreements with independent power producers to increase electricity supply.

Sanwo-Olu said the state was working to raise state-procured electricity capacity from less than 60MW to between 200MW and 400MW.

The government is targeting 97.5 per cent electricity availability by 2030 and plans to reduce market losses to below 10 per cent. It also intends to establish 24-hour electricity franchise zones and achieve full metering.

“An investor who is told the truth about a market is an investor who stays in it,” he said.

The Issues

Lagos’ digital economy depends on infrastructure that can support businesses beyond internet access alone.

The state’s electricity targets are aimed at addressing supply constraints, while the proposed fibre expansion is intended to improve broadband access and reduce the cost of network deployment for technology companies.

Sanwo-Olu said Lagos had deployed about 3,000km of fibre between 2019 and 2025 and was working towards a unified 6,000km network.

Under the state’s open-access duct system and “dig once” policy, telecommunications operators would be able to lease existing duct capacity instead of repeatedly excavating roads to extend their networks.

The approach is also intended to allow new technology companies to access connectivity without bearing the full cost of building fibre infrastructure.

What’s Being Said

“With Nigeria’s growing pool of technology talent and innovative enterprises, the initiative is expected to help to convert digital innovation into commercial value, strengthen regional supply chains and accelerate the emergence of a truly integrated African digital market.” – Wamkele Mene, Secretary-General, AfCFTA Secretariat.

“Lagos had moved beyond potential, with its startup ecosystem now highly rated and ranked first in Africa for Artificial Intelligence activities, creativity and funding.” – Trixie LohMirmand, Chief Executive Officer, GITEX Global.

“The next challenge is converting the momentum into global competitiveness by connecting talent to markets, startups to customers, innovation to capital and Nigerian ambition to global markets.” – Trixie LohMirmand, Chief Executive Officer, GITEX Global.

What’s Next

The state plans to extend its duct network along critical economic corridors and continue attracting investment through the Lagos State Infrastructure Management Agency.

It is also redesigning government services through the Lagos State Digital Service Platform, including a review of how files move across ministries, departments and agencies.

Sanwo-Olu said the Lagos Innovation Bill and a dedicated innovation fund would strengthen support for research commercialisation and incubation.

He urged technology companies to establish engineering operations, data centres, regional headquarters and training pipelines in Lagos, while positioning the state as a launchpad into African and global markets.

Bottom Line

Lagos is combining electricity reform with expanded fibre infrastructure as it seeks to support a larger digital economy. The state is targeting up to 400MW of procured power capacity and a 6,000km fibre network while seeking more technology investment.