The Academic Staff Union of Universities (ASUU) has announced its readiness to resume negotiations with the Federal Government, raising hopes for an end to the ongoing strike that has paralyzed activities in public universities.
ASUU President, Prof. Chris Piwuna, made this known on Monday during an interview on Channels Television, where he reaffirmed that the union remains open to dialogue as the only sustainable path to resolving the protracted crisis.
The union had, on Sunday, declared a two-week comprehensive strike, halting academic work nationwide over unresolved issues that have lingered for years.
While the government insists it has met ASUU’s major demands and branded the strike “unjustified,” it also threatened to enforce a “no work, no pay” policy against lecturers who refuse to return to work.
The Nigeria Labour Congress (NLC), however, condemned the government’s position, warning that such measures would stifle fair negotiation and undermine workers’ rights to collective bargaining.
Despite the tension, Piwuna revealed that the union had received positive signals from senior government officials indicating a willingness to return to the negotiation table.
“Earlier today, I got a call from Alhaji Yayale Ahmed, the chairman of the government’s negotiation team, expressing readiness to resume discussions. I also received a call from the Minister of State for Labour, who confirmed she’s been directed to step in and facilitate dialogue. ASUU is ready. We are prepared to engage and find lasting solutions,” he stated.
He added that the union expected formal communication from the Implementation and Labour Monitoring Committee by Tuesday, stressing that ASUU would immediately honour any invitation for talks. “My understanding is that between tonight and tomorrow, we will receive an official letter for a meeting. Once that happens, ASUU will be there. We are ready and willing to talk,” Piwuna affirmed.
The ASUU president also reiterated that the strike was a last resort, not a first option, emphasizing that the union’s ultimate goal was to restore stability and quality to Nigeria’s higher education system. “Strike is never our preferred choice. It’s always a last measure to demand what is right,” he said.
Responding to the Minister of Education’s recent claim that all issues with ASUU had been resolved, Piwuna questioned the logic behind new meeting invitations.
“If the government insists everything is settled, then why are they calling for another round of talks? Have the 2009 agreements been implemented? Are our colleagues in state universities like LASU and Kogi State University still not facing victimization?” he queried.
Piwuna concluded by stressing that both lecturers and students remain victims of government inaction, and ASUU’s struggle is aimed at saving public education from further decay.
Nigeria’s next presidential and governorship elections could be conducted in November 2026, as the National Assembly has proposed moving the polls six months earlier than usual.
The plan was unveiled on Monday during a public hearing jointly organized by the Senate and House Committees on Electoral Matters in Abuja. The proposal, contained in the Electoral Act (Amendment) Bill 2025, seeks to guarantee that all election petitions are resolved before the May 29, 2027 handover date.
According to the draft bill, “Elections into the office of the President and Governor of a State shall be held not later than 185 days before the expiration of the term of office of the last holder of the office.”
This amendment would effectively place the 2027 general elections around November 2026, approximately six months before the end of the current administration’s tenure.
Hon. Adebayo Balogun, Chairman of the House Committee on Electoral Matters, said the change aims to ensure that all litigations arising from elections are concluded before the swearing-in of elected officials.
He revealed that the National Assembly intends to amend Sections 285 and 139 of the 1999 Constitution to shorten timelines for election petitions—reducing tribunal verdicts from 180 to 90 days and appellate court rulings from 90 to 60 days. The entire judicial process, he noted, would not exceed 185 days.
Other key highlights of the proposal include early voting privileges for certain categories of Nigerians—such as security personnel, INEC staff, accredited journalists, and election observers—at least 14 days before the main polls.
The bill also proposes to make electronic transmission of results mandatory, with stiff penalties for officials who fail to comply.
Under the proposed Section 60(5), “The Presiding Officer shall transmit the results, including the total number of accredited voters, to the next level of collation both electronically and manually.”
Electoral officers who issue unstamped ballot papers or unsigned result sheets could face up to one year imprisonment or a ₦1 million fine.
Stakeholders, including representatives from the Independent National Electoral Commission (INEC) led by Prof. Abdullahi Zuru, expressed strong support for the bill, noting that electronic transmission would strengthen transparency and credibility in Nigeria’s electoral process.
In July, a related proposal to conduct all Nigerian elections on the same day in 2027 had drawn mixed reactions. While opposition parties such as the PDP, Labour Party, ADC, and NNPP backed the idea, the ruling APC rejected it, warning of logistical and political complications.
The initiative, driven by the House Committee on Constitution Review chaired by Deputy Speaker Benjamin Kalu, emerged from nationwide consultations across Nigeria’s six geopolitical zones.
If enacted, the amendment would mandate INEC to conduct presidential, governorship, National Assembly, and state assembly elections on the same day, a reform expected to reduce election costs and minimize post-election ripple effects.
The chicken moves forward one step. Then the multiplier turns green, or the chicken is roasted.
You can then choose whether you want to cash out (Cash Out) or move forward (Go).
This continues until you cash or lose.
Before you start playing, we always recommend reading the rules. This way, you’ll know exactly what you’re getting into. If you’re exploring non-GamStop casinos UK, it’s especially important to understand how these platforms operate. To help you get started, we’ve compiled a list of important statistics.
Minimum and maximum bet
Chicken Road has a very wide betting range. You can bet from €0.01 per round up to a maximum of €150 per round. This makes the game ideal for both low-rollers and high-rollers. Even with an account balance of €0.10, you can play at least ten games!
Volatility
Most games have either high or low volatility. This indicates the risk. When you play Chicken Road, you determine your own risk level. You can choose from four levels:
Easy
24
Low
1 in 25
Medium
22
Medium
3 out of 25
Hard
20
High
5 out of 25
Hardcore
15
Extremely high
10 out of 25
The harder the level, the more money you can earn per step. The multiplier is therefore higher, but the chance of a roasted chicken is also greater. We tried Chicken Road five times with hardcore volatility. We never got past the third step. So, you can win more money with high volatility, but the chance of an early crash is also high.
This is how much money you can win
Depending on the chosen volatility, each step yields a multiplier. The table below provides an overview of the different levels, steps, and corresponding multipliers. We’ve omitted some intermediate steps for clarity. The multiplier in bold represents the maximum win per level.
1
1.03x
1.12x
1.23x
1.63x
2
1.07x
1.28x
1.55x
2.80x
3
1.12x
1.47x
1.98x
4.95x
10
1.63x
4.96x
15.21x
890.19x
15
2.45x
15.99x
172.42x
2,542,251.93x
20
4.90x
182.51x
41,321.43x
n/a
22
6.61x
1,788.80x
n/a
n/a
24
19.44x
n/a
n/a
n/a
Pros and cons of Chicken Road
We discuss the main advantages and disadvantages of Chicken Road.
Advantages
Mega exciting game
Easy to understand
Determine the volatility yourself
RTP of 98%
Maximum win 2.5 million x the stake
Disadvantages
Fast off in high volatility
Strategies for Chicken Road
There’s no strategy that guarantees you a win on Chicken Road, or any other chicken game. It’s a shame, but understandable. After all, it’s still a casino game. You can, however, devise a strategy that makes playing more enjoyable for you. For example, one of the following strategies:
Start with low volatility to minimize the risk of loss. Cash in early. Try to gradually build your balance this way. Then, use only your winnings to continue playing with high volatility. This way, you can try to make a profit while limiting your risk.
Some chicken games offer you the option to cash out half. You can choose to cash out half after you’ve recouped your stake. This limits your risk. Keep in mind, however, that you might also crash sooner.
Helpful game tips for Chicken Road
Playing at a Chicken Road casino is incredibly exciting. The game almost always gives you the feeling that there’s just a little bit more to it. You have to learn to deal with that. To help you get started, we have compiled a list of helpful tips. These tips apply not only to Chicken Road, but also to other chicken game games with the same thrill.
Set a goal before you start. For example: If I have €5, I’ll cash out.
Use the auto cash-out feature. This way, you won’t have to wait longer than planned.
Keep a cool head. Don’t let other players or success stories get to you.
Play in short sessions. This way you stay sharp and avoid mistakes.
Try a few rounds without playing first. Get used to the rhythm of the game.
There are many casino games where the tension of “going or going” is central. Do you have nerves of steel? Or are you a “chicken” who cashes in way too fast? We’ll show you a few variations of these games that offer the same feeling as Chicken Road.
Aviator
Crash game
Multiplier rises until it crashes
Spaceman
Crash game
Option to partially cash out during space travel
Cash or Crash
Live game
After each green ball you choose whether to stop or continue to the next round
Money Train 3
Bonus Buy slot
Bonus games can pay out huge…or nothing
Crazy Time
Live game show
Additional rounds with risks
Other Chicken-themed games
Speaking of chickens, there are plenty more casino games featuring chickens. Anyone who thinks chickens have no business being in a casino has clearly never played one of these crazy slots. Most of the games aren’t too serious, but they do provide a healthy dose of casino excitement.
One of the most popular titles is Chicken Drop from Pragmatic Play . This colorful slot literally rains giant eggs that activate wilds or multipliers. We’ve listed a few games for you.
The Nigerian naira depreciated slightly against the US dollar on Monday, closing at ₦1,457.51 per dollar at the official foreign exchange (FX) market, representing a 0.16% decline from Friday’s rate.
The downward movement in the local currency came as dollar demand outpaced supply across trading platforms, reflecting renewed pressure in the FX market. Analysts attributed the slide to limited dollar liquidity despite earlier signs of stability last week.
Market data showed that the naira had earlier strengthened on the back of improved foreign inflows, with the local unit closing at ₦1,455.17/$ on Friday. That performance was largely supported by a combination of increased remittances, stronger oil receipts, and portfolio inflows that helped ease demand pressure.
Meanwhile, the Central Bank of Nigeria (CBN) reported an uptick in the nation’s external reserves, which rose to $42.589 billion. The growth in reserves has been attributed to sustained CBN interventions, robust oil export revenues, and rising foreign investments in Nigerian financial instruments.
Market observers believe the recent reserve build-up provides the apex bank with more leverage to manage short-term exchange rate volatility and maintain stability in the FX market over the coming weeks.
However, the commodities market showed weakness on Monday as crude oil prices slid following the Israel–Hamas ceasefire, which eased geopolitical risks and removed the conflict-driven risk premium from the market.
Brent crude futures settled at $64.90 per barrel, while West Texas Intermediate (WTI) dropped to $61.28 per barrel amid growing concerns of oversupply, especially with the Organization of the Petroleum Exporting Countries (OPEC) gradually rolling back production cuts.
Nigeria’s Bonny Light crude also fell by 4.66%, closing at $69.94 per barrel. Analysts have warned that sustained low oil prices could exert fiscal pressure on the government and reduce foreign exchange earnings, which remain critical to the stability of the naira.
In the near term, financial experts expect the naira to remain relatively stable, buoyed by steady FX inflows and CBN’s continued market interventions. Nonetheless, they cautioned that increasing import demand or weaker foreign inflows could slow the currency’s recovery momentum.
While oil prices may remain subdued due to elevated supply levels, a rebound in global demand could provide some relief for Nigeria’s external accounts and support confidence in the domestic currency. Still, volatility in the international oil market may keep investors on edge in the coming weeks.
The adoption of a single foreign exchange rate for public and private sector transactions by the Central Bank of Nigeria (CBN), FMDQ and banks has boosted monthly turnover by 94 per cent.
You know, forex trading has this magnetic pull—it’s like the stock market’s more global, round-the-clock cousin, where currencies dance to the tune of world events. Picture this: trillions of dollars swapping hands daily, from Tokyo’s early birds to New York’s night owls.
But if you’re a professional dipping your toes in, or an entrepreneur eyeing extra revenue streams, jumping in without a plan is like sailing without a compass. Chaos ensues. So, what should you really note when starting out? Let’s break it down, step by step, with a mix of hard facts and those gut-check moments that make trading feel alive.
Honestly, the forex market isn’t just about quick wins; it’s a marathon laced with sprints. Back in the day, only big banks played this game, but now, with apps and online platforms, anyone with a laptop can join. Yet, that accessibility hides some sharp edges. Did you know that over 70% of retail traders lose money? Yeah, sobering stat from regulators like the CFTC. But don’t let that scare you off—it’s more about preparation than luck.
First Things First: Grasp the Fundamentals
Before you even think about placing a trade, get cozy with the basics. Forex, short for foreign exchange, is all about buying one currency while selling another. Think EUR/USD—that’s euros against dollars. The value shifts based on economic news, interest rates, even geopolitical tensions. Remember when Brexit sent the pound tumbling? Events like that create ripples, or sometimes tsunamis, in the market.
Start simple: learn the lingo. Pips are the tiniest price moves, lots are your trade sizes, and leverage? That’s borrowed money from your broker to amp up positions—handy, but risky if markets turn sour. I like to compare it to using a credit card for investments; it magnifies gains but can wipe you out faster than a bad bet in Vegas.
And here’s a tip: don’t skip the economic calendar. Tools like those from Investing.com or Forex Factory highlight upcoming data releases—non-farm payrolls, anyone? These can swing pairs by hundreds of pips. As an executive scanning markets for business impacts, tying forex moves to your industry’s supply chains could give you an edge. For instance, if you’re in imports, a stronger dollar means cheaper goods abroad. Makes sense, right?
Check spreads and commissions—tight spreads mean less cost per trade. And demo accounts? Gold. Practice without real cash burning a hole in your pocket. Platforms like MetaTrader 4 or 5 are industry staples; they’re user-friendly with charts that make analyzing trends feel almost intuitive. But watch for hidden fees—swap rates for overnight positions can add up.
A quick digression: ever wondered why some brokers offer insane leverage, like 1:500? It’s tempting for big swings, but regulators cap it in places like Europe to protect folks. As an investor, balance that with your risk appetite. If you’re bootstrapping a startup, maybe stick to conservative levels to avoid sleepless nights.
Education isn’t optional; it’s your shield. Dive into free resources—Babypips.com has a killer beginner course that’s straightforward and fun. Books like “Trading in the Zone” by Mark Douglas tackle the mental side, which we’ll circle back to.
Develop a strategy. Are you a scalper, snagging quick pips, or a swing trader holding for days? Test on demos. Use technical analysis—moving averages, RSI for overbought signals—or fundamentals like GDP reports. Mix them for hybrid approaches. And journaling? Log every trade; it’s like a post-mortem for your decisions.
For academics or policymakers reading this, think of forex as a real-time economic lab. Trends here often foreshadow broader shifts—rising yen might signal global risk aversion. Students, simulate trades in class; it’s hands-on learning that beats textbooks.
The Art of Risk Management: Don’t Bet the Farm
Here’s the thing—risk management separates pros from amateurs. Never risk more than 1-2% of your capital per trade. Stop-loss orders? Non-negotiable; they cut losses automatically. Position sizing matters too—calculate based on account size and volatility.
Diversify pairs; don’t put all eggs in one basket like GBP/USD during elections. And leverage—use it wisely. High leverage is like driving a sports car on ice; exhilarating until it isn’t.
Emotional cues creep in here. That knot in your stomach when a trade goes south? Listen to it, but don’t let fear paralyze you. Set rules and stick to them. Investors know this from portfolio management—it’s all about preserving capital for the long haul.
Navigating the Psychological Maze
Trading psychology—ah, the underrated beast. Greed pushes you to overtrade; fear makes you exit winners too early. FOMO? Real in forex, especially with social media hype. Platforms like TradingView have communities, but beware echo chambers.
Build discipline. Meditate, exercise—sounds fluffy, but it sharpens focus. Journal emotions alongside trades. As an entrepreneur, treat trading like running a business: systematic, not impulsive.
A mild contradiction: some say trade emotionless, like a robot. But humans aren’t bots; channel emotions productively. Explain? Use them as signals—excitement might mean overconfidence, prompting a double-check.
Sidestepping Common Pitfalls
Newbies often chase losses, averaging down on losers. Bad idea; it compounds pain. Overtrading? Exhausting and costly. Ignore news at your peril—black swan events like COVID crashes blindside the unprepared.
And taxes—don’t forget them. In many places, forex gains are taxable. Consult pros; tools like TurboTax have guides.
Tie in current trends: with AI bots entering trading, like those from QuantConnect, beginners can automate strategies. But understand the code first; blind reliance is risky.
Wrapping It Up: Your Forex Journey Awaits
Starting forex trading? It’s thrilling, demanding, and potentially rewarding. Arm yourself with knowledge, a solid broker, ironclad risk rules, and mental fortitude. Whether you’re an executive hedging business risks or a curious student, approach it methodically.
Remember, success isn’t overnight—it’s built trade by trade. Start small, learn continuously, and who knows? You might just turn those currency fluctuations into your advantage. What’s your first move going to be?
The Chief Executive Officer of MTN Group, Ralph Mupita, has called on African nations to accelerate the adoption of artificial intelligence (AI) to prevent the continent from falling further behind in the global digital transformation race.
Speaking at the Kgalema Motlanthe Foundation Inclusive Growth Forum, Mupita warned that Africa risks creating a “digital underclass” if it fails to act swiftly to integrate AI across key sectors.
“We must be obsessed and paranoid about not being left behind,” he said, according to a statement published on MTN’s website.
The telecoms executive identified six critical areas where urgent intervention is required to ensure Africa benefits from the AI revolution.
1. Power and Energy Infrastructure
Mupita emphasised the urgent need for expanded electricity access to drive economic and digital growth. Citing data from the International Energy Agency (IEA), he noted that achieving Africa’s energy and climate-related goals by 2030 would require over $200 billion in annual investments.
2. Digital Infrastructure Development
With Africa accounting for less than 2 per cent of global data centre capacity, Mupita highlighted the continent’s significant infrastructure gap. The International Telecommunication Union (ITU) estimates that bridging this shortfall will require about $96 billion by 2030. He stressed that investments must extend beyond subsea cables and fibre networks to support AI-driven innovation.
3. Development of African Language Models
Africa’s linguistic diversity—boasting over 2,000 languages—remains largely unrepresented in mainstream large language models (LLMs), with fewer than two per cent currently supported. Mupita pointed to initiatives such as the Nigerian Atlas for Languages & AI at Scale, an open-source multilingual model designed to capture Nigeria’s linguistic diversity, as vital steps towards inclusive AI development.
4. Building Digital and AI Skills
Mupita underscored the importance of equipping Africa’s burgeoning youth population with relevant digital and AI competencies. With sub-Saharan Africa projected to create 230 million digital jobs by 2030, he urged policymakers and private sector leaders to ensure that new and augmented jobs surpass those displaced by automation.
“We must ensure that the jobs created through AI adoption exceed those displaced by technology—especially for the youth,” he said.
5. AI in Key Development Sectors
He further advocated for the application of AI in high-impact areas such as healthcare, education, and agriculture. By combining traditional AI with generative AI, Mupita said Africa could unlock immense economic and technological potential.
6. Strengthening Partnerships for AI Growth
Mupita concluded by calling for stronger collaboration between governments, private sector players, and civil society to drive policies, enhance data governance, and promote AI skills development.
“Turning Africa into a creator, not just a consumer, of AI requires immediate action and collective effort,” he said.
A lecturer at the Department of Social Work, University of Port Harcourt, Rivers State, Dr Blessing Ramsey-Soroghaye, has called for greater investment in health promotion and disease prevention programmes to tackle Nigeria’s persistently high rates of maternal deaths and other preventable health conditions among women.
Speaking in an interview, the women’s health and well-being researcher lamented that many Nigerian women continue to die from avoidable causes, largely due to poor access to quality healthcare and inadequate preventive interventions.
Dr Ramsey-Soroghaye highlighted that despite years of dialogue on improving maternal health, accessibility and affordability remain key obstacles preventing many women from utilising available healthcare services.
“For many Nigerians, especially women, the first response to illness is not to visit a hospital or primary health centre. Instead, some resort to self-medication, seek unprofessional advice from relatives, rely on religious options, or consult patent medicine vendors,” she said.
According to her, this pattern reflects deeper policy and systemic failures that expose women to heightened risks, particularly in cases of pregnancy-related complications, late detection of cancers, unmanaged hypertension, and neglected mental health conditions.
She noted that women, being the primary caregivers and bearing the reproductive burden, suffer disproportionately from the absence of a preventive healthcare model in Nigeria.
“Preventable complications from pregnancy, late detection of cancers, untreated hypertension, and ignored mental health issues continue to cut short lives and weaken families,” she added.
Dr Ramsey-Soroghaye advocated for a paradigm shift from a reactive health model—where interventions begin only after illness sets in—to a preventive and promotive model that focuses on early detection and education.
She urged the government to make health promotion a deliberate policy priority through stronger investments and community-driven programmes.
“Primary Healthcare Centres should be strengthened, services made accessible, and regular health outreaches and enlightenment campaigns carried out to educate women about available health promotion services,” she said.
The social work expert further recommended the integration of preventive services into existing maternal and child health programmes, ensuring women receive timely education and screening when they engage with the health system.
“When prevention is prioritised, the cost of care decreases, survival rates improve, and families become healthier. It also reduces the economic burden of disease, freeing up resources for national development,” she explained.
According to data from PUNCH Healthwise, Nigeria’s maternal mortality rate stands at 512 deaths per 100,000 live births, accounting for nearly 20 per cent of global maternal deaths.
Dr Ramsey-Soroghaye stressed that Nigeria could significantly reduce this figure if policymakers prioritised preventive measures and increased funding for community-based health promotion.
“Nigeria cannot afford to keep losing women to conditions that could have been prevented or managed early,” she warned. “Policymakers must act decisively—by funding outreach programmes, equipping primary health centres, and making preventive care accessible in every community.”
She concluded by urging collective commitment to prevention-focused health policies, saying:
“By leading this change, we protect women’s health and secure the well-being of households, communities, and the nation. Prevention must become our first point of action to save lives.”
The Nigerian Electricity Regulatory Commission (NERC) has announced plans to investigate the deaths of 38 electricity workers who lost their lives while on duty in the second quarter of 2025. The fatalities, all recorded within the operations of electricity distribution companies (DisCos), mark a troubling decline in the safety performance of Nigeria’s power sector.
According to the Commission’s Second Quarter 2025 Report, the Nigerian Electricity Supply Industry (NESI) witnessed a sharp rise in workplace accidents and fatalities compared to the previous quarter.
“Relative to 2025/Q1, the number of accidents increased from 31 to 60, fatalities rose from 12 to 38, and injuries increased from 14 to 19,” NERC stated.
The report revealed that while no casualties were recorded by the generation companies (GenCos) or the Transmission Company of Nigeria (TCN), all incidents occurred in the distribution segment of the electricity value chain.
“During the quarter, none of the GenCos and TCN recorded casualties, whereas all the DisCos recorded casualties. Out of the 57 total casualties, the licensees with the highest numbers were Ibadan (11), Kano (10), Benin (5), Eko (5), and Jos (5) DisCos,” the report noted.
These five distribution companies accounted for 63 per cent of all recorded casualties within the quarter.
NERC expressed concern that DisCos continue to present the greatest safety risks in the industry, maintaining a consistent pattern of workplace incidents over the last four quarters.
“As observed in previous quarters, DisCos continue to account for the majority of safety challenges in NESI. They were responsible for 100 per cent of casualties in Q2 2025, having accounted for 92.98 per cent, 93.33 per cent, and 100 per cent in Q3 and Q4 2024, and Q1 2025, respectively,” the regulator stated.
In line with Section 34(1)(e) of the Electricity Act 2023, NERC reiterated its commitment to ensuring safe and reliable electricity delivery. The Commission said it continually monitors health and safety compliance within the sector and mandates operators to submit monthly safety reports as part of their licensing obligations.
“The Commission monitors the health and safety performance of NESI. Licensees are required to submit monthly reports in accordance with their licence conditions. During the period, 102 out of 105 mandatory submissions were received,” the report added.
NERC pledged to enforce full compliance with safety reporting and apply sanctions against erring operators.
Although no deaths were recorded by the TCN, the transmission company reported 11 cases of asset damage resulting from explosions, fires, and vandalism.
“The Commission has initiated investigations into all reported accidents and will enforce appropriate actions where necessary,” NERC said.
Beyond enforcement, the regulator stated that it is working to instil a stronger safety culture across the industry.
“The Commission continues to closely monitor the implementation of licensees’ accident reduction strategies and organises initiatives such as the Health and Safety Managers’ Meeting to improve the overall safety performance of the NESI,” the report concluded.
The latest figures underscore growing concerns about workplace safety in Nigeria’s power sector, even as NERC intensifies efforts to improve regulatory compliance and safeguard workers’ lives.
The Federal Government has launched the National Digital Trustmark, a platform designed to provide verifiable certification and a badge of trust for e-commerce and other online platforms across Nigeria. The initiative was unveiled during a joint press briefing by the National Information Technology Development Agency (NITDA), Corporate Affairs Commission (CAC), Central Bank of Nigeria (CBN), and the Nigerian Communications Commission (NCC).
According to the government, the Trustmark aims to combat online fraud, identity theft, and scams, while promoting integrity, competitiveness, and public confidence in Nigeria’s digital business landscape. Director-General of NITDA, Malam Kashifu Inuwa, said the initiative became necessary due to global concerns over the online business practices of some Nigerians.
He explained that the Trustmark would help strengthen consumer confidence, promote fair competition, and align Nigerian businesses with international best practices.
“It is sad for Nigerians to be classified as scammers and fraudsters, especially in relation to how online businesses are conducted,” Inuwa said. “There are times citizens make payments for goods online only to be blocked afterward, or cases where items delivered do not match the advertised specifications.”
He noted that the Trustmark would serve as a security seal granted by NITDA to certified online and digital businesses. The seal, which can be displayed on company websites, letterheads, and official pages, would authenticate legitimate businesses registered and operating in Nigeria with at least one verifiable office address.
While participation is voluntary, Inuwa said certification would come with a fee determined by the company’s size and area of operation. The certification will be renewed annually to ensure transparency and accountability.
The initiative will be implemented in collaboration with the German Agency for International Cooperation (GIZ) and the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA). President of NACCIMA, Jani Ibrahim, described the launch as a significant step toward building a safer and more competitive digital economy. Represented by his Special Adviser on Digital Economy Trade Group, Suleiman Audu, he pledged the association’s commitment to ensuring smooth and efficient implementation of the initiative, free from bureaucratic obstacles.
Mr. Chinedu Albert, GIZ Nigeria Consultant and Public Policy Expert, also commended the development, noting that Nigeria’s e-commerce market, currently valued at $13 billion, represents just 0.55% of the $27 trillion global market.
“The Digital Trustmark directly addresses this challenge because it aligns with the African Continental Digital Trade Protocol, which requires member states to establish mutual trust mechanisms,” Albert said.
He added that the initiative would enhance the competitiveness of Nigerian MSMEs in global trade by ensuring greater trust, accountability, and transparency in online transactions.
Oil prices declined on Friday after Israel and Hamas agreed to the first phase of a U.S.-brokered ceasefire in Gaza, easing geopolitical tensions that had supported prices in recent months.
Brent crude traded at $64.66 per barrel at 9:42 a.m. local time (0642 GMT), down 0.5% from the previous close of $64.99, while U.S. benchmark West Texas Intermediate (WTI) slipped 0.5% to $60.82 from $61.16 in the prior session.
The ceasefire agreement, confirmed late Thursday, includes Israeli troop withdrawals, the reopening of the Rafah border crossing, the entry of humanitarian aid into Gaza, and the release of hundreds of Palestinian prisoners.
Hamas said it had received assurances from mediators and the U.S. that the Israeli offensive in Gaza had “fully ended.” In a pre-recorded speech, Hamas leader Khalil al-Hayya confirmed the agreement, saying, “We have received guarantees from our brothers, the mediators, and the U.S. administration, all confirming that the war has ended completely.”
Analysts said the truce eased fears of potential supply disruptions in the global oil market.
“This presents a major step toward ending the two-year war that raised the risk of supply disruptions in the oil market,” said Daniel Hynes, Senior Commodity Strategist at the Australia and New Zealand Banking Group.
He added that the market’s attention has now shifted back to the expected oil surplus as OPEC proceeds with the gradual unwinding of production cuts.
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, recently reaffirmed plans to increase production in November. Eight member nations agreed to raise output by 137,000 barrels per day, easing supply concerns and exerting further downward pressure on prices. The group’s next meeting is set for November 2.
However, losses were partially offset after the United States imposed fresh sanctions on more than 90 individuals, entities, and vessels accused of facilitating Iran’s petroleum and petrochemical exports through the UAE, India, China, Hong Kong, and Singapore.
The U.S. Treasury Department said over 50 individuals were designated for enabling billions of dollars’ worth of Iranian oil and liquefied petroleum gas (LPG) exports. The sanctions target several Asian-based networks, nearly two dozen “shadow fleet” vessels, a China-based crude oil terminal, and an independent refinery described as “key to Iran’s ability to export petroleum and petroleum products.”
The U.S. State Department also announced parallel sanctions against about 40 additional individuals and entities tied to Iran’s energy trade, including major petrochemical buyers and operators of shadow fleet tankers.
Treasury Secretary Scott Bessent said the action was part of efforts to choke off Tehran’s oil revenue and disrupt funding for groups threatening the U.S. and its allies.
“Treasury is degrading Iran’s cash flow by dismantling key elements of Iran’s energy export machine,” Bessent stated.
The Nigerian government plans to issue $2.3 billion in Eurobonds before the end of 2025 to support budgetary funding and carry out liability management operations, according to an update from CSL Stockbrokers.
The firm noted that a $1.1 billion Eurobond is due to mature in November, which may necessitate fresh borrowing to meet Nigeria’s external debt obligations.
According to CSL, the planned issuance would mark Nigeria’s return to the international debt market following the successful $2.2 billion Eurobond sale last December, which was nearly four times oversubscribed.
“This planned issuance aligns with our earlier view that Nigeria could return to the market before year-end to raise at least $2 billion,” CSL said.
In August, the firm’s analysts had projected that a potential U.S. Federal Reserve rate cut could encourage Nigeria to issue new Eurobonds.
“In terms of structure, we maintain that the authorities are likely to opt for a 10-year amortising Eurobond, taking advantage of the yield gap between the 2034s and 2038s on the curve,” the firm explained.
On pricing, CSL noted that market conditions remain favourable, with yields on Nigeria’s Eurobond curve declining by an average of 168 basis points year-to-date.
“We expect strong investor demand, supported by growing confidence in Nigeria’s economy following recent reform measures and the global trend towards lower interest rates, which continues to boost appetite for emerging market assets,” the firm added.
In addition to the planned Eurobond, reports indicate that Nigeria is considering a foreign Sukuk issuance valued at approximately $500 million.
CSL said this aligns with expectations that the government may accelerate the issuance of non-conventional instruments such as green or sustainable bonds — a growing trend among Sub-Saharan African sovereigns seeking access to ESG-linked financing at relatively lower costs.
The firm noted that such instruments typically attract dedicated pools of capital from global investors focused on sustainability and responsible investing, helping Nigeria diversify its funding sources while strengthening its ESG profile in the global debt market.
“We expect the planned issuances to support external reserve accretion, which has been on an upward trend in recent months, with the 30-day moving average rising to $42.6 billion as of October 7,” CSL said.
“The anticipated inflows should also enhance liquidity in the foreign exchange market, supporting both stability and continued appreciation of the naira. However, since the proceeds will likely be used for fiscal operations, the borrowings could add short-term pressure to the fiscal deficit,” it added.
The Academic Staff Union of Universities (ASUU) has dismissed the Federal Government’s last-minute appeal to suspend its planned warning strike, insisting that the industrial action will commence on October 13 as scheduled. ASUU President, Professor Chris Piwuna, announced this on Thursday during an interview on Channels Television’s The Morning Brief, where he accused the government of failing to address the union’s long-standing demands despite repeated opportunities to do so.
Piwuna criticized the Ministry of Education for what he described as its habitual delay in responding to critical issues affecting university lecturers.
“The problem we have with this government and this Ministry of Education is that they are slow in responding to our demands,” he said.
He explained that after a meeting held in Sokoto weeks ago, ASUU gave the government a three-week window to address its grievances. However, he noted that there was no communication from the government throughout that period.
“They gave us three weeks, we accepted the three weeks, but we never heard a word from them until the three weeks elapsed—not even the courtesy to say, ‘Oh gentlemen, we are running short on time; we’ll meet with you on another date,’” he added. On September 28, ASUU had issued a 14-day ultimatum to the Federal Government to meet its demands or face a two-week warning strike that could lead to a total shutdown of public universities.
Earlier this week, the Minister of Education, Dr. Tunji Alausa, said the government was in the final phase of discussions with ASUU and other university-based unions to resolve lingering issues, including staff welfare, funding for public universities, and the full implementation of the 2009 ASUU-FGN Agreement. Piwuna disclosed that the government only reached out two working days before the planned strike, appealing to the union to suspend its action.
“Yesterday, they appealed to us not to embark on action. Our 2009 agreement, which is still being renegotiated after eight years, remains undone. We have not concluded on it, and two working days before a strike action, you come to appeal to us. I think the appeal has come a little too late,” he said.
He maintained that the government’s consistent delays in implementing agreements on funding and welfare had forced the union into repeated industrial actions.
According to him, ASUU will proceed with its warning strike at the expiration of its ultimatum on Sunday unless the government takes concrete steps within the next 48 hours.
“Their ultimatum expires on Sunday, and after that, there will be a warning strike unless something substantial comes from the government. So, within the next 24 to 48 hours, we expect a meaningful response. Then we can go back to our members and ask, ‘Do you think this is sufficient for us to hold on?’ and we’ll act based on their decision,” he stated.
Piwuna further said the union has lost confidence in the government’s promises, accusing it of treating negotiations like a game.
“We have never trusted any government. Governments have never come through with what they promised us. The government sees our engagement like a football they need to dribble—you touch it, you pass it, you come back again,” he said.
He added that while ASUU is open to dialogue, the government must demonstrate genuine commitment to resolving the issues before it can regain the union’s trust.
Here we are, October 10, 2025 – World Mental Health Day. It’s that one day a year when the world pauses to shine a light on something we all deal with but rarely talk about openly: our mental health. In Nigeria, though, it’s not just a day; it’s a stark reminder of a crisis bubbling under the surface.
You know, the kind that affects everything from your morning commute in Lagos traffic to boardroom decisions in Abuja. With estimates suggesting that around 20 to 40 million Nigerians are grappling with mental health issues – that’s roughly one in five people – it’s no exaggeration to say this is a national emergency. Depression rates here are among the highest globally, and anxiety isn’t far behind. But why? And more importantly, what can we do about it?
As professionals, investors, and entrepreneurs, we often view the economy through spreadsheets and stock tickers. Yet, mental health is the invisible thread weaving through it all. A stressed workforce means lower productivity, higher absenteeism, and ultimately, a drag on GDP. Think about it: if your team’s mental state is frayed, how can innovation thrive? This isn’t just personal; it’s business. Let’s unpack how everyday life in Nigeria chips away at the average person’s psyche, and then shift gears to solutions that could turn things around.
The Daily Grind: Economic Hardships That Hit Harder Than You Think
Picture this: You’re an average Nigerian, maybe a mid-level executive in a bustling firm or an entrepreneur hustling in the informal sector. The naira fluctuates wildly, inflation bites into your savings, and unemployment hovers like a persistent cloud. Economic hardship tops the list of mental health saboteurs here. Poverty doesn’t just empty pockets; it fills minds with constant worry. Will the next meal come? How to pay school fees? These questions aren’t abstract – they’re daily battles for millions.
Take unemployment, for instance. With youth joblessness pushing 40% in some regions, it’s no wonder depression and anxiety spike. I remember chatting with a friend in finance who lost his gig during the last economic dip. “It’s not just the money,” he said. “It’s the feeling of being stuck, like you’re failing your family.” That resonates, doesn’t it? And it’s not isolated. The World Health Organization notes that financial stress correlates directly with higher rates of mental disorders. In Nigeria, where over half the population lives below the poverty line, this creates a vicious cycle: poor mental health leads to reduced work output, which worsens economic woes.
But here’s a mild contradiction to chew on – while poverty grinds people down, it’s also forging resilience in unexpected ways. Some folks channel that pressure into side hustles, like turning home baking into a small business. Still, without support, that grit can crack under the weight.
Honestly, it’s not all about money. Dive a bit deeper, and you’ll find social expectations adding fuel to the fire. In Nigerian culture, there’s this unspoken rule: Be strong, provide, succeed – no matter what. For men especially, admitting vulnerability feels like defeat. Women juggle careers, homes, and societal judgments on top of it. Cultural stigma around mental health? It’s real and rampant. Many view depression as a sign of weakness or even spiritual affliction, pushing people to suffer in silence rather than seek help.
Then there’s political instability and corruption, which erode trust and breed hopelessness. Remember the protests a few years back? That collective frustration didn’t vanish; it simmers, manifesting as chronic stress. Insecurity – from banditry in the north to urban crime – keeps folks on edge. A recent report highlighted how armed conflicts and disasters affect over 200 million school-aged kids worldwide, with Nigeria bearing a heavy share, leading to PTSD and anxiety among the young.
Education plays a role too. Our system, often rote and high-pressure, leaves students burned out before they even hit the job market. As an entrepreneur, I’ve seen bright talents dimmed by this. And let’s not forget brain drain – skilled pros fleeing for greener pastures, leaving behind a void that stresses the remaining workforce.
These factors ripple out, affecting businesses big time. Investors, think about it: A mentally strained population means unstable markets and hesitant consumers. Executives, your teams’ well-being directly ties to your bottom line. It’s like a faulty engine in a high-speed train – ignore it, and derailment follows.
The Overlooked Crises: Health Gaps and Environmental Stressors
Shifting a tad, consider the healthcare angle. Nigeria’s mental health care gap is massive – 85% of those needing help don’t get it. Limited facilities, few specialists, and that pesky stigma again. In catastrophes like floods or conflicts, mental health takes a backseat, yet trauma lingers long after. The theme for this year’s World Mental Health Day – “Access to Services: Mental Health in Catastrophes and Emergencies” – couldn’t be more spot-on for us.
Environmental factors sneak in too. Urban chaos in cities like Lagos, with noise, pollution, and overcrowding, amps up anxiety. Rural areas face isolation and poor infrastructure. It’s a nationwide issue, cutting across classes, but hitting the average Joe hardest.
You might wonder, is there light at the end? Absolutely. But it requires action from all corners.
Charting a Path Forward: Simple Steps That Make a Difference
Here’s the thing: Fixing this isn’t rocket science, but it demands collective will. Start with the basics for individuals. Regular exercise – a brisk walk in the park – can work wonders for mood. Mindfulness practices, like deep breathing or journaling, help manage stress. Eat balanced meals; sleep well. Sounds straightforward, right? Yet in our hustle culture, we often skip these.
Seeking help is key. Hotlines, apps like those from NGOs, or therapists via digital platforms are game-changers. Organizations like Nigerian Mental Health or the ICRC offer support groups and sessions on self-care. Break the silence – talk to a friend, family, or pro. Remember, it’s wisdom, not weakness.
For businesses and executives: Implement workplace programs. Flexible hours, EAPs (Employee Assistance Programs), and mental health days boost morale and productivity. Investors, back startups in mental health tech – the market’s projected to hit $15.83 million this year. It’s good ethics and smart economics.
On a broader scale, policymakers must step up. The National Mental Health Act is a start; now enforce it with funding for services, especially in emergencies. Integrate mental health into public health like Nigeria’s doing with NTDs and HIV programs. Advocacy, scholarships for mental health pros, and community education can bridge gaps.
Communities play a role too. Normalize conversations – host local talks, use social media to share stories. Tie in cultural elements; blend traditional healing with modern care for holistic approaches.
Wrapping this up, World Mental Health Day isn’t just a hashtag; it’s a call to rethink how we live and work in Nigeria. The affects – from economic strains to social stigmas – are profound, but so are the solutions within reach. As entrepreneurs and leaders, let’s lead by example: Prioritize mental health in our circles, advocate for policies, and foster environments where people thrive.
You know what? Small changes add up. Check in on a colleague today. Take that break you’ve been postponing. Together, we can shift from survival mode to true well-being. After all, a healthier mind means a stronger nation – economically and beyond. What’s your first step?
The Nigeria Customs Service (NCS), Seme Area Command, has intercepted contraband items valued at N1.99 billion, including hard drugs and expired flour imported from Egypt, during operations conducted between September 1 and October 9, 2025, along the Lagos–Abidjan Corridor.
Speaking during his maiden press briefing at the Command Headquarters in Seme, the Customs Area Controller, Comptroller Wale Adenuga, said the seizures included 10,000 bags of expired flour with a duty-paid value of N1.2 billion, concealed in five trucks.
Adenuga warned that the expired products posed serious public health risks, noting that their circulation could have caused widespread infections, food poisoning, and long-term health complications.
He added that the Command also intercepted 1,104 parcels of cannabis sativa, 120 packs of tramadol, and 169 bottles of codeine-based cough syrup, while two suspects have been handed over to the National Drug Law Enforcement Agency (NDLEA) for further investigation.
Other seized items include 2,043 bags of foreign parboiled rice (50kg each), 150 bales of second-hand clothing, and five used vehicles.
Describing smuggling as an act of economic sabotage, Adenuga emphasised that illicit trade undermines national security, deprives the government of vital revenue, and threatens legitimate businesses. “Resources lost to smuggling could have been channelled into supporting Small and Medium Enterprises and creating jobs for Nigerians,” he stated.
On export activities, the Area Controller disclosed that the Command facilitated non-oil exports totalling 53,989.46 metric tonnes with a Free on Board (FOB) value of N7.9 billion and a Nigerian Export Supervision Scheme (NESS) fee of N39.8 million. The exported goods, he said, comprised agricultural produce and manufactured products, reflecting growing confidence among exporters in the Seme border corridor under the ECOWAS Trade Liberalisation Scheme (ETLS).
Adenuga also revealed that the Command generated N1.5 billion in revenue for September 2025, representing a 182 per cent increase from the N531.4 million recorded in August. He attributed the improvement to enhanced operational efficiency, better inter-agency collaboration, and streamlined trade facilitation procedures.
“The Command is committed to maintaining a delicate balance between revenue generation, trade facilitation, and national security,” he said. “We are leveraging technology, intelligence sharing, and improved coordination to ensure effective border management.”
He commended the Nigerian Navy’s Forward Operating Base, Badagry, for its support in intercepting smuggled rice along the waterways, reinforcing the synergy among security agencies operating within the corridor.
The Seme Border, located in Badagry, Lagos State, is one of Nigeria’s busiest and most strategic land borders, linking the country to the Benin Republic and facilitating trade across the Lagos–Abidjan Corridor — a 1,028-kilometre highway that connects five West African nations and accounts for up to 70 per cent of subregional trade.
The Command’s renewed anti-smuggling drive follows the efforts of its immediate past Area Controller, Dr. Ben Oramalugo (Rtd), who also recorded several significant seizures, including rice, second-hand clothing, and cannabis sativa, during his tenure from February to September 2025.
Customs authorities have reiterated their commitment to sustaining the momentum against cross-border crimes while promoting legitimate trade and protecting public health.
The Nigerian Exchange (NGX) maintained its bullish momentum on Thursday, recording an impressive gain of ₦308 billion in market capitalisation as industrial and insurance stocks spearheaded a rally that extended the market’s winning streak to its tenth consecutive session.
Data from the NGX showed that the All-Share Index (ASI) climbed by 484.31 basis points, closing at 146,203.40 points, representing a 0.33% increase compared to the previous day.
The market capitalisation surged to ₦92.80 trillion, driven by sustained buying interest in mid- and large-cap stocks, particularly in the industrial goods and insurance sectors. However, market activity was mixed as trading volume dropped by 34.00%, while the total transaction value rose sharply by 101.47%.
According to a trading update by Atlass Portfolio Limited, investors exchanged approximately 346.99 million shares valued at ₦27.43 billion across 24,691 deals.
In volume terms, Fidelity Bank topped the chart, accounting for 12.21% of total trades, followed by Dangote Cement, Sterling Bank, Jaiz Bank, and Chams Holdings. In value terms, Dangote Cement (DANGCEM) dominated, representing 40.17% of total traded value.
On the gainers’ list, Caverton Offshore and Eunisell led the rally with a 10% price appreciation each, followed by Sunu Assurances (+9.90%), IMG (+9.10%), and Mecure Industries (+8.81%). Other top performers included Guinea Insurance (+5.63%) and Universal Insurance (+5.56%).
On the losing side, FTN Cocoa recorded the steepest decline of 6.67%, trailed by Fidelity Bank (-2.38%), Veritas Kapital (-1.90%), Cadbury Nigeria (-1.29%), Nascon (-1.04%), and BUA Cement (-0.62%).
Overall market breadth remained positive, with 32 gainers and 20 losers, signaling sustained investor confidence in equities with strong fundamentals.
Sectoral indices also reflected this positive sentiment: Banking (+0.26%), Insurance (+0.64%), Consumer Goods (+0.43%), and Industrial Goods (+0.67%) all posted gains, while the Oil & Gas and Commodities sectors closed flat.
Analysts noted that despite the lower trade volumes, the sharp rise in value indicates increased activity in large-cap equities, underscoring renewed investor appetite for blue-chip stocks amid stable market conditions.
The Department of State Services (DSS) has warned members of the public to beware of one Mr Barry Donald, a dismissed officer of the Service, who has allegedly been impersonating the agency to defraud unsuspecting individuals.
In a statement issued on Thursday via its official X handle, @OfficialDSSNG, the security agency disclosed that Mr Donald is no longer affiliated with the Service and has been involved in fraudulent activities using its name.
“The Department of State Services (DSS) hereby alerts members of the public of the activities of one Barry Donald, a dismissed staff. He is reportedly engaging in unscrupulous activities, including using the name of the Service to defraud unsuspecting members of the public,” the statement read.
The DSS urged Nigerians to exercise caution and refrain from any dealings with the said individual, stressing that the Service would not be liable for any transactions conducted with him.
It also advised citizens to channel all official enquiries, complaints, or requests through its verified contact points to avoid falling prey to fraudulent schemes.
“For requests, enquiries or complaints, the Service can be reached on 09088373515 or via email at dsspr@dss.gov.ng,” it stated.
Reaffirming its commitment to safeguarding citizens, the DSS encouraged the public to report any suspicious activities carried out under its name to the nearest DSS office or through its verified communication channels.
The University of Ibadan (UI) has reclaimed its position as Nigeria’s number-one university in the recently released Times Higher Education (THE) World University Rankings 2026, marking a significant leap in academic performance and global reputation.
The latest ranking, unveiled on THE’s official website on Thursday, placed UI within the 801–1000 global bracket, a major improvement that reestablishes its dominance in Nigeria’s higher education sector. The prestigious Oyo State institution last held the top spot in 2023 before slipping in subsequent years.
According to the 2026 report, THE assessed 2,191 universities across 115 countries, measuring performance across 18 key indicators under five core categories: teaching, research environment, research quality, industry engagement, and international outlook.
UI Climbs from Fourth to First in National Ranking
In the previous 2025 ranking, UI placed fourth among Nigerian universities. However, the 2026 assessment saw it surge to the top, displacing Covenant University, which dominated the rankings in both 2024 and 2025.
Following closely behind UI are the University of Lagos (UNILAG), Bayero University Kano (BUK), and Covenant University (CU), ranked second, third, and fourth nationally, respectively.
Global Trends and Nigerian Representation
The 2026 THE ranking reflects notable shifts in the global higher education landscape. The evaluation drew from over 174.9 million citations across 18.7 million research publications and included survey inputs from more than 108,000 scholars worldwide.
Each institution’s placement showcases its strengths across various dimensions. UNILAG, for instance, achieved the highest score in research quality among Nigerian universities, with a mark of 66.7 points, while BUK led in international outlook, highlighting its growing global collaborations. Meanwhile, Covenant University recorded the highest industry engagement score, underscoring its strong ties with private-sector partners and innovation-driven initiatives.
How Nigerian Universities Performed Globally
Out of 51 Nigerian universities featured in the 2026 list, only UI and UNILAG made it into the 801–1000 range, positioning them among the top-tier institutions globally.
BUK, CU, and Landmark University followed in the 1001–1200 band, while institutions such as Ahmadu Bello University (ABU), Federal University of Technology, Minna (FUTMinna), University of Ilorin (UNILORIN), University of Jos (UNIJOS), and University of Nigeria, Nsukka (UNN) placed between 1201–1500 globally.
Additionally, 14 universities were listed in the 1501+ category, while 27 institutions appeared as unranked participants in this year’s evaluation.
Full Nigerian University Ranking (2026)
801–1000: University of Ibadan, University of Lagos 1001–1200: Bayero University Kano, Covenant University, Landmark University 1201–1500: Ahmadu Bello University, Federal University of Technology Minna, University of Ilorin, University of Jos, University of Nigeria Nsukka 1501+: Babcock University, Delta State University Abraka, Ekiti State University, Federal University of Agriculture Abeokuta, Federal University of Technology Akure, Federal University of Technology Owerri, Federal University Oye-Ekiti, Ladoke Akintola University of Technology, Lagos State University, Nnamdi Azikiwe University, Obafemi Awolowo University, University of Benin, University of Calabar, University of Port Harcourt Unranked: Admiralty University of Nigeria, Akwa Ibom State University, Al-Hikmah University, Augustine University, Bamidele Olumilua University of Education Science and Technology, Bauchi State University Gadau, Bayelsa Medical University, Baze University, Bells University of Technology, Bowen University, Evangel University Akaeze, Federal University of Lafia, Federal University of Petroleum Resources Effurun, Fountain University, Godfrey Okoye University, Igbinedion University Okada, Kaduna State University, Lagos State University of Education, Lagos State University of Science and Technology, Lead City University, Maryam Abacha American University of Nigeria, Nasarawa State University Keffi, Redeemer’s University, Rivers State University, Thomas Adewumi University, University of Cross River State, University of Delta.
About the THE World University Rankings
The Times Higher Education World University Rankings is an internationally recognised benchmarking system for higher education institutions. It evaluates teaching excellence, research performance, and institutional influence using globally accepted academic data and metrics.
For inclusion in the 2026 ranking, universities must offer undergraduate programmes, demonstrate multidisciplinary research output, and have published at least 1,000 research papers between 2020 and 2024, averaging a minimum of 100 publications per year.
This year’s outcome not only highlights UI’s renewed academic excellence but also reaffirms Nigeria’s growing presence in the global higher education community.
The Lagos State Government has announced a 15-day closure of the Marine Bridge in Ijora, Apapa Local Government Area, to facilitate critical maintenance works. The announcement was made in a statement posted on the official X account of the Commissioner for Transportation, Hon. Oluwaseun Osiyemi.
According to the statement, the closure is necessary to enable the Federal Ministry of Works, in collaboration with the Lagos State Government, to repair the bridge’s underlying bearings and ensure structural stability.
“The Marine Bridge in Ijora, Apapa Local Government Area, will be closed for 15 days to allow for essential maintenance works. Motorists are advised to be patient and plan their journeys accordingly,” the statement read.
Maintenance schedule and traffic diversions
The project will be executed in two phases:
Phase I: From Saturday, October 11 to Saturday, October 18, 2025, focusing on the section from the foot of Marine Bridge along Lawani Oguntayo Road (near UBA), inbound Apapa and Costain. Motorists from Ijora Olopa to Apapa will be diverted through the Ijora Causeway Access Ramp near Omni Retail Company, proceed to Ijora 7up, turn left onto the Lilypond Access Ramp, and continue their journey.
Phase II: From Sunday, October 19 to Saturday, October 25, 2025, covering the stretch between Ijora Badia and Lilypond Access Ramp, inbound Apapa. Vehicles from Ijora Olopa to Apapa and Costain will be diverted 50 meters before the work zone into a contraflow with Costain-bound traffic and rejoin the main carriageway after 500 meters. Those heading from Apapa toward Costain, Lagos Island, or Ijora Olopa will also use a temporary contraflow near the work zone before resuming normal movement.
Additional road works in Lagos
The state government also cautioned motorists to expect traffic adjustments across Lagos as multiple road repairs will occur simultaneously.
Aside from the Marine Bridge closure, the Adeniji Adele Interchange–CMS corridor will undergo a six-week repair starting Sunday, October 12, 2025.
The Federal Ministry of Works will handle the project daily between 11:00 a.m. and 7:00 p.m. Only one lane will be closed at a time to ease congestion, while the other lanes remain open.
This phased approach is designed to minimize traffic disruption and maintain smoother movement throughout the repair period, which is expected to end on Sunday, November 23, 2025.
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 1485.00 per $1 on Friday, October 10th , 2025. The naira traded as high as 1463.00 to the dollar at the investors and exporters (I&E) window on Thursday.
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 ₦1500 and buy at ₦1485 on Thurday 9th October, 2025, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN)
Black Market Exchange Rate Today
Selling Rate
₦1500
Buying Rate
₦1485
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN)
CBN Rate Today
Highest Rate
₦1472
Lowest Rate
₦1463
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Interswitch, the leading African technology company focused on creating solutions that enable individuals and communities prosper across Africa, has reaffirmed its commitment to supporting creativity, technology, and innovation through its Gold Sponsorship of the Untitled Design Conference (UDC) 2025, held recently in Oregun, Ikeja, Lagos.
The Untitled Design Conference has grown to become one of the largest and most influential gatherings of design and technology professionals in Nigeria and beyond. This year’s edition provided a platform for learning, collaboration, and exchange of ideas on the future of design, user experience, and technology, highlighting how creativity continues to shape the digital ecosystem in Africa.
As a Gold Sponsor, Interswitch showcased two of its flagship solutions, the Interswitch Payment Gateway and Quickteller Business both designed to empower developers, businesses, and creators to build seamless and secure digital and payment experiences for web and mobile applications.
Through the Interswitch Payment Gateway, developers can integrate reliable, efficient, and scalable payment systems into their digital products. The company also spotlighted its 5-for-5 Program, which rewards developers and merchants with 5% earnings for 5 years when they refer others to the Interswitch Payment Gateway.
In addition, Quickteller Business was showcased as a powerful, no-code solution that enables designers and entrepreneurs to create intuitive storefronts to display their portfolios, generate invoices, and receive payments securely. With the support of Interswitch’s robust payment infrastructure, the platform accepts all major cards, including Verve, Amex, Discover, and UnionPay, offering convenience and inclusivity for both local and international clients.
A major highlight of the event was a presentation by Paul Otu, Divisional Head, Design & User Experience at Interswitch, titled “Resilience by Design.” In his session, he explored the process of building and sustaining design teams in the age of Artificial Intelligence, while emphasizing the importance of harnessing AI as a tool for creativity, innovation, and problem-solving.
He also spoke about creating possibilities across Africa through thoughtful design and collaboration, inspiring attendees to adopt resilience as a key principle in shaping digital experiences that are both human-centered and future-ready.
Interswitch’s participation at the Untitled Design Conference reinforced its position as a leading enabler of Africa’s growing digital and creative economy. The company used the platform to engage directly with professionals, share insights on product design and user experience, and highlight the role of payments in powering innovation across diverse industries.
The Untitled Design Conference remains one of the continent’s most vibrant design-focused events, bridging communities and inspiring new thinking at the intersection of art, technology, and business. With Interswitch’s sponsorship and participation, the 2025 edition further underscored the company’s leadership in driving innovation and enabling the growth of Africa’s creative economy.
