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Dolly Parton, country music icon dies at 80

By
Kehinde Victor
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Key Points

  • Country music singer and songwriter Dolly Parton has died at 80, her family says.
  • Parton sold more than 100 million records and won 11 Grammy Awards.
  • Her career spanned music, film, television, business and philanthropy.

Main Story

Dolly Parton, the celebrated American country music singer, songwriter and actress whose career spanned nearly six decades, has died at the age of 80.

Parton died peacefully in Nashville on Tuesday, according to her family. Her publicist did not disclose a cause of death.

The singer had recently told People magazine that she was dealing with unspecified health issues but intended to continue working.

Parton began writing songs as a child, with her first known composition, “Little Tiny Tasseltop,” written when she was about six years old about a corncob doll.

She went on to become one of the best-selling female recording artists in history, selling more than 100 million records and winning 11 Grammy Awards, including a Lifetime Achievement Award.

Her best-known songs included “Jolene,” “Coat of Many Colors” and “I Will Always Love You”, the latter of which became a global hit after being recorded by Whitney Houston.

Parton also built a career outside music, appearing in films including “9 to 5”, “Steel Magnolias” and “The Best Little Whorehouse in Texas”. She also hosted a television variety show and established Dollywood, a theme park in Tennessee.

Her songwriting catalogue was extensive, with Parton estimated to have written about 3,000 songs during her lifetime, although she recorded roughly 450 of them.

The Issues

Parton’s influence extended beyond entertainment. Her childhood poverty and upbringing in rural Tennessee became recurring themes in her music and public identity.

She also used her wealth and public profile to support causes including education, literacy and medical research.

During the COVID-19 pandemic, she donated $1 million to vaccine research at Vanderbilt University, becoming an early financial supporter of research connected to Moderna’s vaccine development.

Her literacy programme provided books to preschool children in the United States and several other countries, while she also supported scholarships for students in her home county in Tennessee.

Parton’s career also demonstrated how artists could build businesses and cultural institutions around their personal brands, with Dollywood becoming a major tourist attraction in Tennessee.

What’s Being Said

“By her example, we believed anything was possible. She never saw a door she couldn’t open, and the doors she opened made and changed history.” — Bryan Seaver, Parton’s nephew

“I loved that little doll. I expressed myself and my feelings through writing – I’m sure what I was thinking was, ‘Well, Tasseltop has to have a song about her.’” — Dolly Parton

“Mama had this haunting voice, and Lord you would feel it.” — Dolly Parton

“I thought she was beautiful. But everybody said, ‘She’s trash!’” — Dolly Parton

“I look one way and am another.” — Dolly Parton

“I love to write poetic songs and sing flowery words. I like to make you see something visually, so I want to paint a picture. And I love to come up with clever lines, not just like a songwriter, but like a poet.” — Dolly Parton

“I feel like I’m closest to God when I write.” — Dolly Parton

“At the end of the day, I hope that I will be remembered as a good songwriter. The songs are my legacy.” — Dolly Parton

What’s Next

Parton’s death is expected to prompt renewed attention to her extensive music catalogue, film work, business ventures and philanthropic legacy.

Her influence will also continue through the artists who recorded her songs and the institutions and programmes she established during her lifetime.

Bottom Line

Dolly Parton’s career extended far beyond her success as a country singer. From a childhood in rural Tennessee, she became an internationally recognised songwriter, performer, actress and entrepreneur whose music reached audiences across generations. Her combination of songwriting, business and philanthropy established a legacy that extended well beyond the stage.

Moniepoint winds down UK remittance business MonieWorld

Moniepoint winds down UK remittance business MonieWorld

By
Ibe Wada
-

Key points

  • Moniepoint Inc. is transitioning its UK-based remittance product, MonieWorld.
  • The fintech group says it is redirecting capital, technology and operational resources towards its core African markets.
  • MonieWorld recorded a 70 per cent increase in monthly transaction volume among UK-based diaspora users.
  • Affected employees will undergo role changes or redeployment, while customers will receive updates and support during the transition.

Main Story

Moniepoint Inc. has announced plans to transition its UK-based remittance business, MonieWorld, as the fintech group redirects capital and resources towards its core financial platform and primary African markets.

The company disclosed the decision in a statement on Tuesday, saying it followed a review of its portfolio and long-term strategic priorities.

MonieWorld was launched in April 2025 by Moniepoint GB to enable Nigerians and other members of the African diaspora in the United Kingdom to send money directly to Nigerian bank accounts.

The company said the platform gained early traction, recording a 70 per cent increase in monthly transaction volume among UK-based diaspora users making payments through bank cards, Apple Pay and Google Pay.

However, Moniepoint said it had decided to redirect the technical, capital and operational infrastructure developed through the product towards its primary markets in Africa.

The Issues

The decision highlights the significant cost and complexity associated with expanding financial technology services into highly regulated international markets.

Moniepoint’s UK expansion involved substantial investment in regulatory compliance, technology infrastructure and staffing before the launch of MonieWorld.

The transition also raises questions about the future of the group’s broader diaspora-focused strategy, particularly as the company had previously indicated plans to introduce additional products aimed at strengthening financial connections between Africa and the United Kingdom.

For employees and customers, the immediate focus will be on managing the transition, including role changes, redeployment and the completion or resolution of transactions still in progress.

What’s Being Said

Moniepoint said its UK operations began with the incorporation of Moniepoint GB in February 2024.

The company subsequently invested about £1.2 million in administrative costs, technology infrastructure and compliance staffing required to operate in the UK’s regulated financial market.

It also secured a $2.5 million equity deposit to acquire Bancom Europe Ltd, an Electronic Money Institution authorised by the UK Financial Conduct Authority, in July 2025.

“These foundation investments enabled the launch of MonieWorld in April 2025, which quickly gained traction including recording a 70% increase in monthly transaction volume among the UK diaspora using cards, Apple Pay, and Google Pay,” the company said.

“Having validated its cross-border infrastructure and delivered value to thousands of diaspora users, the Group is now redirecting this technical, capital, and operational architecture toward its primary African markets.”

Get Up to Speed

Moniepoint GB launched MonieWorld as its first product in April 2025, allowing UK residents to send money directly to Nigerian bank accounts through a MonieWorld account, British bank cards, Apple Pay and Google Pay.

The company had indicated that additional products would follow as part of a broader ambition to serve the African diaspora community and strengthen financial links between Africa and the UK.

For the 2024 financial year, Moniepoint GB reported a $1.2 million loss, which Moniepoint Inc. said reflected administrative and infrastructure expenses associated with establishing the UK operation.

The company also invested $2.5 million as an equity deposit for its acquisition of Bancom, a UK electronic money firm.

What’s Next

Moniepoint said the transition would take place over the coming weeks.

The process will involve changes to roles and the redeployment of employees, with affected workers already informed and supported.

Customers will continue to receive updates on timelines, next steps and support relating to funds or transactions that remain in progress.

The company is expected to redirect the infrastructure, expertise and resources developed through its UK operations towards expanding and strengthening its financial services across African markets.

What You Should Know

While winding down its UK remittance product, Moniepoint continues to maintain a significant presence in Nigeria’s financial technology and banking sector.

Moniepoint Microfinance Bank processed transactions worth N412 trillion and disbursed more than N1 trillion in loans in 2025, according to figures reported by Nairametrics.

The loan disbursements were largely targeted at small and medium-sized businesses, including provision stores, supermarkets and building materials traders.

Monnify, the group’s web payment gateway, also processed transactions worth N25 trillion during the same period, driven by growing business-to-business and online payment activity.

Bottom Line

Moniepoint’s decision to transition MonieWorld represents a strategic retreat from its UK remittance expansion, despite the product’s early growth. The fintech group is instead concentrating its capital, technology and operational capacity on Africa, where its core banking and payments businesses continue to record significant transaction volumes.

Investment in youths key to tackling unemployment—Adebutu

Investment in youths key to tackling unemployment—Adebutu

By
Ibe Wada
-

Key points

  • PDP’s 2027 Ogun governorship candidate, Ladi Adebutu, calls for greater investment in young people.
  • He advocates vocational training, entrepreneurship, mentorship and affordable financing to tackle unemployment.
  • About 100 young people benefited from empowerment and educational support at the Agbaletu Progressive Movement’s fifth anniversary.
  • The organisation says it has supported more than 100 people to access university education over the years.

Main Story

The 2027 Ogun State governorship candidate of the Peoples Democratic Party (PDP), Ladi Adebutu, has called for increased investment in vocational training, entrepreneurship and affordable financing for young Nigerians as part of efforts to tackle unemployment and stimulate economic growth.

Adebutu spoke on Tuesday at the fifth anniversary of the Agbaletu Progressive Movement, held at the Olusegun Obasanjo Presidential Library in Abeokuta, where young people benefited from vocational training and educational support.

He said government, individuals and philanthropic organisations must work together to provide young people with practical skills, mentorship and access to capital, stressing that such interventions were essential to helping them establish and sustain viable businesses.

According to him, affordable and accessible funding remains critical for young entrepreneurs and small business owners seeking to start, expand and maintain their enterprises.

“One practical example is empowering young people to become entrepreneurs by supporting their business ideas and helping them turn those ideas into sustainable businesses,” Adebutu said.

The Issues

Nigeria continues to grapple with youth unemployment and the challenge of creating sufficient opportunities for its growing young population. While formal education remains important, stakeholders increasingly argue that academic qualifications alone may not adequately prepare young people for the realities of the labour market.

Access to affordable capital also remains a major challenge for aspiring entrepreneurs, particularly young people and small business owners who may lack the collateral or financial history required to secure conventional loans.

The challenge, therefore, extends beyond skills acquisition to creating an enabling environment where young entrepreneurs can access financing, mentorship, capacity building and markets for their businesses.

What’s Being Said

Adebutu said investment in young people was fundamental to economic development and job creation.

“Capital is particularly important in this regard. We must ensure that affordable and accessible funding is available to young entrepreneurs and small business owners so they can start, expand, and sustain their businesses,” he said.

“If we are serious about growing the economy, creating jobs, and reducing unemployment, we must invest in our young people and create an environment where viable businesses can thrive.”

Also speaking, the wife of the PDP governorship candidate and Life Matron of the Agbaletu Progressive Movement, Mrs Adenike Adebutu, urged parents to encourage their children and wards to acquire vocational skills alongside formal education.

“Education and vocational skills can go hand in hand. Learning a skill such as tailoring, catering, hairdressing, ICT, or any other practical vocation does not diminish the value of formal education,” she said.

She added that practical skills could provide additional opportunities for young people to become productive and independent.

The President and Founder of the movement, Samson Oguntoyinbo, said the organisation had assisted more than 100 people to access university education and supported others through NECO and WAEC programmes over the years.

He said the organisation was training 150 people as part of activities marking its anniversary, with about 50 beneficiaries graduating from vocational programmes covering tailoring, carving, baking, hairdressing and other entrepreneurial skills.

What’s Next

The beneficiaries of the vocational and educational programmes are expected to apply their newly acquired skills towards becoming self-reliant and economically productive.

Oguntoyinbo said the movement would continue its educational, vocational and healthcare interventions, which have included health outreach programmes and the provision of medications to members of the community.

The call by Adebutu and other stakeholders also places renewed attention on the role of government, private individuals and philanthropic organisations in expanding opportunities for young Nigerians through skills development, mentorship and access to finance.

Bottom Line

The message from the Agbaletu Progressive Movement’s fifth anniversary was clear: tackling unemployment requires more than creating white-collar jobs. Greater investment in vocational skills, entrepreneurship, mentorship and affordable financing could help more young Nigerians build sustainable livelihoods, create businesses and contribute to economic growth.

Customs Lilypond Export Command witnesses leadership transition as Ariyibi retires, Salako assumes acting role

From everyday payments to extraordinary rewards with Verve

By
Ibe Wada
-

You may not remember what you purchased last Friday. It could have been fuel on your way to work, lunch between meetings, groceries for the weekend, or even a late-night online purchase you decided to indulge in.

For many of us, everyday transactions are simple and routine: We tap, pay, and move on. But what if those everyday purchases could deliver more value in return?

That is the proposition behind this year’s Verve Goodlife 7.0 National Consumer Promotion, designed to transform everyday spending into opportunities to enjoy cashback and exciting rewards.

As part of this year’s promotion, Verve has increased its cashback reward to 15%, offering qualifying cardholders even greater value on eligible transactions. In addition, cardholders can now earn cashback every day of the week, providing more opportunities to benefit from their everyday spending.

Each eligible participant is entitled to one cashback reward per day, irrespective of the number of qualifying transactions made on that day. This means that every day presents a new opportunity to spend, earn, and enjoy more value with Verve.

And cashback is only one part of the value on offer. Cardholders also stand the chance to win an exciting array of prizes and lifestyle experiences, including ₦1million in school-fee support, spa vouchers, a weekend staycation at a premium hotel, VerveLife VIP tickets, and the ultimate grand prize – a brand-new car.

With an impressive lineup of partners, including Google Play, Chowdeck, Glovo, The Place, BuyPower, Quickteller, and Medplus, the promotion seamlessly integrates rewards into the everyday purchases and payments cardholders already make.

Whether you are ordering dinner, purchasing groceries, settling your electricity bill, refuelling your vehicle, or completing a payment online, your Verve card can transform an ordinary transaction into an opportunity to enjoy something extra.

The Verve Goodlife 7.0 National Consumer Promotion is not about spending more; it is about deriving greater value from the spending you already do. Simply continue with your everyday lifestyle and choose to pay with your Verve card. You could earn up to 15% cashback once every day, while also standing a chance to win exceptional.

When you choose Verve for your everyday purchases, each payment becomes an opportunity to unlock greater value, enjoy exciting rewards, and make every day a little more rewarding.

For more information about the Verve National Goodlife 7.0 Consumer Promotion, visit Verve’s official page – myverveworld.com.

Dangote Refinery secures $1bn backing ahead of IPO

Customs Lilypond Export Command witnesses leadership transition as Ariyibi retires, Salako assumes acting role

By
Ibe Wada
-

Key points

  • Comptroller Samuel Olusanya Ariyibi has retired from the Nigeria Customs Service.
  • He formally handed over leadership of the Lilypond Export Command to Deputy Comptroller Olusola O. Salako.
  • Salako will serve as Acting Customs Area Controller.
  • The incoming Acting CAC has pledged to advance trade facilitation, regulatory compliance and stakeholder engagement.

Main Story

The Nigeria Customs Service (NCS), Lilypond Export Command, has witnessed a leadership transition following the retirement of its outgoing Customs Area Controller, Comptroller Samuel Olusanya Ariyibi, and the assumption of office by Deputy Comptroller Olusola O. Salako as Acting Customs Area Controller.

The formal handing-over and taking-over ceremony, conducted in line with established administrative procedures of the Service, marked the end of Ariyibi’s tenure at the Command and the beginning of a new leadership phase.

In his farewell remarks, Ariyibi expressed appreciation to the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, the management of the Service, officers and men of the Command and other stakeholders for their support and cooperation throughout his tenure.

He attributed the achievements recorded by the Command during his administration to teamwork, professionalism, discipline, dedication and effective collaboration among officers and stakeholders.

Ariyibi, who retired after what the Command described as a distinguished and meritorious career, urged officers and men to extend the same level of cooperation and commitment to the new Acting CAC.

He also encouraged them to sustain the operational standards and gains achieved during his tenure, expressing confidence that the new leadership would build on the existing foundation and further advance the mandate of the Lilypond Export Command.

The Issues

The leadership transition comes at a time when the Command is expected to sustain operational efficiency while continuing to support Nigeria’s export drive. Maintaining institutional continuity, discipline among personnel and strong collaboration with stakeholders will be critical to preserving existing gains.

The new leadership will also face the responsibility of advancing key Customs mandates, including trade facilitation, regulatory compliance and efforts to curb smuggling, while ensuring that the Command continues to contribute effectively to national economic development.

What’s Being Said

Outgoing Customs Area Controller, Comptroller Samuel Olusanya Ariyibi, credited the Command’s achievements to collective effort, noting that teamwork, discipline, professionalism and cooperation were central to the progress recorded during his tenure.

He urged officers and men of the Command to support his successor and remain committed to sustaining the operational standards already established.

Meanwhile, the Acting Customs Area Controller, Deputy Comptroller Olusola O. Salako, commended Ariyibi for his dedicated and meritorious service to the Nigeria Customs Service and his contributions to the development of the Lilypond Export Command.

Salako pledged to provide “purposeful, responsive and professional leadership” while advancing the core mandates of the Service, particularly in trade facilitation, regulatory compliance, anti-smuggling operations and stakeholder engagement.

He also called on officers, men and stakeholders to continue to demonstrate cooperation, discipline and professionalism in support of the Command’s strategic objectives.

What’s Next

As Salako assumes office in an acting capacity, attention will shift to how the new leadership consolidates on the achievements of the previous administration and strengthens the Command’s role in facilitating exports and supporting national economic development.

The Command is expected to continue working with relevant stakeholders to improve operational effectiveness and advance the broader objectives of the Nigeria Customs Service.

Bottom Line

The retirement of Comptroller Ariyibi marks the end of one chapter at the Lilypond Export Command, while the appointment of Deputy Comptroller Salako as Acting CAC signals the beginning of another. The key challenge for the new leadership will be sustaining existing gains while strengthening the Command’s contribution to trade facilitation, regulatory compliance and Nigeria’s economic growth.

Kabod Digital Marketing Academy trains Nigerians for opportunities in the digital economy

Kabod Digital Marketing Academy trains Nigerians for opportunities in the digital economy

By
Ibe Wada
-

Kabod Digital Marketing Academy has trained more than 400 Nigerians in practical digital marketing skills since 2021, as it seeks to bridge the gap between the growing use of digital platforms and the shortage of professionals capable of deploying them to achieve measurable business results.

The academy, founded by Emmanuel Egaga, said its training model was designed to move beyond theoretical learning by equipping participants with practical experience in areas such as paid advertising, search engine optimisation (SEO), analytics, content strategy, and digital marketing planning.

Egaga said the academy was established after identifying a major gap in Nigeria’s digital economy; while interest in digital marketing was growing, many graduates, entrepreneurs and businesses lacked the practical skills required to use digital platforms professionally.

“We saw businesses spending significant sums on digital advertising without the internal capability to evaluate what they were purchasing. We saw graduates with marketing degrees who could not set up a Meta Ads campaign or conduct a basic SEO audit,” he said.

According to him, the academy was created to produce practitioners who can work with live campaigns, analytics dashboards and real client briefs rather than simply understand digital marketing terminology.

Since its establishment, Kabod Digital Marketing Academy has trained more than 400 participants through physical and online cohorts, with its programme exposing students to professional tools including Google Analytics, Google Search Console, Meta Business Suite and Google Ads.

Participants are also trained to conduct SEO audits on live websites, develop live landing pages, develop content strategies based on audience research, launch paid advertising campaigns with targeting and conversion tracking, and develop comprehensive digital marketing plans.

Egaga said the practical nature of the training had helped participants pursue different career and business opportunities, including securing professional marketing roles, building freelance careers and improving the digital operations of their businesses.

The academy said at least three of its former students have gone on to establish their own businesses, with two currently running social media and digital marketing agencies, while another operates an e-commerce brand. Others have gotten well-paying jobs both locally and internationally.

“The programme provides the preparation. What graduates build with it is genuinely their own,” he said.

He identified paid advertising, SEO and analytics as among the digital marketing skills currently in high demand, as businesses increasingly move beyond simply maintaining a social media presence to demanding measurable commercial results from their digital investments.

He reiterated that businesses are seeking professionals who can properly structure and optimise Meta and Google advertising campaigns, improve organic search visibility and interpret digital data to support informed business decisions.

“The market has an oversupply of people who can manage content calendars and an undersupply of people who can connect content activity to revenue outcomes,” Egaga said.

He added that Kabod Digital Marketing Academy regularly updates its curriculum to reflect changes in digital platforms, tools, algorithms and industry practices, drawing from its experience within the digital marketing ecosystem.

Egaga acknowledged that quality digital-skills training could provide young Nigerians with one of the most accessible pathways into the emerging digital economy, particularly because digital marketing skills can be applied across geographical boundaries.

“A trained Nigerian digital marketer can serve a client in Lagos, a client in Nairobi, or a client in London from the same laptop,” he said.

He stressed, however, that digital skills training should not be presented as a complete solution to Nigeria’s unemployment challenge, warning against low-quality programmes that issue certificates without providing sufficient practical competence.

As part of its next phase of training, Kabod Digital Marketing Academy has opened registration for its September 2026 cohort. The September cohort is open to fresh graduates, working professionals, entrepreneurs, business owners and other individuals seeking to acquire practical digital marketing skills.

Interested participants can obtain further information and register through Kabod Digital Marketing Academy’s website, kabodglobalresources.com/digital-marketing-training-program, or contact the academy on +234 814 767 3078 or +234 802 757 4876.

The Headies unveils nominations for 18th edition in Toronto

The Headies unveils nominations for 18th edition in Toronto

By
Kehinde Victor
-
See Full Winners List Of The Headies Award 2021

Key Points

  • The Headies has announced 213 nominations across 35 categories for its 18th edition.
  • Fola leads the nominations with 10 nods, followed by Omah Lay with eight and Mavo and Wizkid with seven each.
  • Awilo Longomba will receive the Headies Hall of Fame Award, while Cecil Hammond will receive the Special Recognition Award.

Main Story

The Headies has released the nominations for its 18th edition, with the African entertainment awards scheduled to take place on Oct. 25 in Toronto, Canada.

The organisers announced the nominations in a statement issued on Tuesday in Lagos.

According to the News Agency of Nigeria (NAN), the 2026 edition features 213 nominations across 35 categories, covering artistes and music projects released between Aug. 1, 2024 and April 30, 2026.

Fola emerged as the leading nominee with 10 nominations following the release of his debut album, Catharsis. His nominations include Album of the Year, Next Rated, Songwriter of the Year and Best Male Artiste.

Omah Lay follows with eight nominations, while Mavo and Wizkid each received seven.

Asake and Davido secured six nominations apiece, while Ayra Starr and Tiwa Savage led the female nominees with five nominations each.

Breakout artiste Kunmie also received five nominations, including Song of the Year for his single, “Arike”.

Adekunle Gold, Odumodublvck and Shoday also earned five nominations each.

Davido and Omah Lay’s “With You” emerged as the most-nominated song, appearing in six categories. They include Recording of the Year, Music Video, Best Collaboration, Afrobeats Single, Viewers’ Choice and Song of the Year.

The Next Rated category features Fido, Fola, Llona, Mavo, Shoday and Zaylevelten.

The Rookie of the Year category includes Amma, Danpapa GTA, FirstKlaz, Kidd Carder, NO11, Priesst and OG Abbah.

Nominees for Album of the Year include Fola’s Catharsis, Omah Lay’s Clarity of Mind, Erigga’s G.O.A.T, Wizkid’s Morayo, Burna Boy’s No Sign of Weakness, Odumodublvck’s The Machine is Coming and Tiwa Savage’s This is Personal.

The organisers said alternative music artistes also secured places in the general categories, while the regional awards have been expanded to cover 16 African countries.

The 2026 edition will also recognise artistes beyond the continent through categories including International Artiste of the Year and Best Canadian/African Diaspora Artiste.

Legendary Congolese musician Awilo Longomba is expected to receive the Headies Hall of Fame Award, while Cecil Hammond will be honoured with the Special Recognition Award for his contribution to African entertainment.

The Issues

The 18th Headies reflects the growing scope of African music recognition, with the organisers expanding the regional categories to 16 African countries and introducing awards that recognise artistes in the international and African diaspora space.

The nomination list also highlights strong competition among established Nigerian artistes and emerging acts, with Fola leading the overall nominations and Kunmie among the breakout artistes receiving multiple nods.

The inclusion of alternative artistes in general categories further broadens the genres represented in the awards.

What’s Being Said

The 2026 edition has 213 nominations across 35 categories, recognising artistes and music projects released between Aug. 1, 2024 and April 30, 2026.

— The Headies organisers

Artistes in the alternative genre also featured prominently in the general categories, while the regional awards had been extended to 16 African countries.

— The Headies organisers

What’s Next

The 18th Headies will hold on Oct. 25 in Toronto, Canada.

The ceremony will recognise winners across 35 categories and honour Awilo Longomba with the Headies Hall of Fame Award and Cecil Hammond with the Special Recognition Award.

Bottom Line

Fola leads a competitive 18th Headies nomination list with 10 nods, while Omah Lay, Mavo, Wizkid, Asake, Davido and other established and emerging artistes feature prominently as the awards expand their recognition across Africa and the diaspora.

Alia: No part of Benue will be surrendered to herders

Slovakia to raise minimum wage to €972 in 2027

By
Kehinde Victor
-

Key Points

  • Slovakia will increase its monthly minimum wage from €915 in 2026 to €972 in 2027.
  • Labour Minister Erik Tomas says the new rate will bring the minimum wage closer to €1,000.
  • About 160,000 workers are expected to be affected when all minimum-wage levels linked to job difficulty are considered.

Main Story

Slovakia will raise its monthly minimum wage to €972 in 2027 from €915 in 2026, Labour Minister Erik Tomas has announced.

Tomas disclosed the increase on Tuesday following a meeting of the country’s tripartite council.

He said the new rate would bring Slovakia’s minimum wage closer to the €1,000 threshold.

The minister also projected that the minimum wage could rise further to €1,016 in 2028, taking it above €1,000.

The increase will also affect additional payments for night and weekend work because those payments are linked to the minimum wage.

Under Slovak law, the minimum wage is determined annually for the following calendar year and applies to both monthly and hourly earnings.

The law provides that the minimum wage should be equivalent to 60 per cent of the average nominal salary recorded two years earlier.

Data from the Slovak Statistics Office showed that the country’s average nominal salary was €1,620 in 2025.

Tomas said about 120,000 employees were receiving the basic minimum wage in 2026.

However, when the six minimum-wage levels based on job difficulty are included, the number of workers affected by the increase rises to about 160,000.

The figure represents approximately six per cent of Slovakia’s workforce.

The Issues

The planned increase will raise the statutory earnings floor for workers in Slovakia and move the basic minimum wage closer to the €1,000 mark.

Because several employment-related payments are calculated using the minimum wage, the increase will also raise compensation for eligible night and weekend work.

The number of workers affected is expected to be broader than those currently earning the basic minimum wage, with the different rates based on job difficulty bringing the total to about 160,000 employees.

What’s Being Said

“The increase would bring the minimum wage closer to the 1,000-euro threshold.”

— Erik Tomas, Labour Minister

“The minimum wage could rise to 1,016 euros in 2028, exceeding the 1,000-euro mark.”

— Erik Tomas, Labour Minister

What’s Next

Slovakia will implement the €972 monthly minimum wage in 2027 under its annual statutory wage-setting framework.

The minimum wage is projected to rise again to €1,016 in 2028 if the current calculation mechanism produces the estimated rate.

Bottom Line

Slovakia’s minimum monthly wage will rise by €57 in 2027, taking it to €972 and bringing the statutory pay floor closer to €1,000, with about 160,000 workers expected to benefit across the different minimum-wage levels.

Interswitch Reinforces Infrastructure-Led Approach to Africa’s Fintech Growth at The Borderless Experience 2026 in Lagos

Alia: No part of Benue will be surrendered to herders

By
Kehinde Victor
-

Key Points

  • Gov. Hyacinth Alia says his administration will protect Benue’s ancestral lands and defeat insecurity.
  • The governor reaffirmed his commitment to protecting lives and property and commended President Bola Tinubu for strengthening security in the state.
  • Stakeholders in Sankera, Kwande and Jechira called for unity and continued support for the administration ahead of the 2027 elections.

Main Story

Gov. Hyacinth Alia has vowed to protect Benue’s territory, declaring that no part of the state will be handed over to herders.

The governor made the declaration on Monday during his statewide thank-you tour, where he met traditional rulers, religious leaders, political actors and other stakeholders in the Katsina-Ala/Ukum/Logo and Kwande/Ushongo Jechira federal constituencies.

Alia said his administration remained determined to tackle insecurity and safeguard the ancestral lands of Benue communities.

He also praised President Bola Tinubu for steps taken to strengthen the state’s security architecture, particularly the establishment and location of the Nigerian Army 5 Division in Benue.

The governor said traditional rulers would remain important partners in efforts to maintain peace, settle disputes and mobilise communities for development.

At Sankera, the Tor Sankera, HRH David Sevav, asked the state government to intensify efforts to restore peace in the area.

He also appealed for the rehabilitation of the waterworks and greater inclusion of Sankera indigenes in government appointments.

Alia later held engagements with traditional rulers, religious leaders and political stakeholders in Kwande, where he urged the various groups to maintain unity and work together for the state’s development.

He recognised the contribution of traditional rulers to peacebuilding and dispute resolution, while urging religious leaders to continue promoting peaceful coexistence.

The governor also called on political leaders to place the interests of Benue above personal and political differences.

At Jechira, Alia similarly met with traditional, religious and political stakeholders and stressed the need for discipline, unity and collective participation in the state’s development.

Former Gov. Gabriel Suswam, who joined the governor at Sankera, commended the administration for its performance, particularly its infrastructure projects.

Suswam also expressed support for the re-election of Alia and Tinubu and called on stakeholders to remain united.

The member representing Sankera Federal Constituency, Mr Solomon Wombo, urged political leaders to strengthen grassroots mobilisation and maintain unity in support of the administration.

The APC State Chairman, Mr Benjamin Omale, appreciated stakeholders in Sankera, Kwande and Jechira for their support and urged them to sustain it ahead of the 2027 elections.

An APC leader in Kwande, Mr Moses Ternenge, also declared support for Alia, Tinubu and the party’s candidates in the 2027 elections.

The Issues

The governor’s declaration comes against the backdrop of insecurity and disputes over land and community safety in Benue.

Alia’s remarks also place security and protection of ancestral lands at the centre of his administration’s engagement with traditional, religious and political stakeholders.

The governor’s thank-you tour also has a political dimension, with stakeholders in the areas expressing support for his administration and the APC ahead of the 2027 elections.

What’s Being Said

“No part of the state will be surrendered to herders.”

— Hyacinth Alia, Governor of Benue

The governor said his administration would defeat insecurity and protect the people’s ancestral lands.

— Hyacinth Alia, Governor of Benue

The Tor Sankera appealed for the restoration of peace, the resuscitation of the waterworks and increased opportunities for Sankera indigenes in government appointments.

— David Sevav, Tor Sankera

Suswam commended the administration’s performance, particularly its ongoing infrastructural projects, and expressed support for the re-election of Alia and Tinubu.

— Gabriel Suswam, Former Governor of Benue

The member representing Sankera Federal Constituency called for political unity and grassroots mobilisation in support of the administration.

— Solomon Wombo, Member Representing Sankera Federal Constituency

The APC State Chairman thanked stakeholders across Sankera, Kwande and Jechira for their support and urged them to sustain it ahead of the 2027 elections.

— Benjamin Omale, APC State Chairman

What’s Next

The Alia administration is expected to continue its engagement with traditional, religious and political stakeholders as it seeks to strengthen cooperation on security and development.

Stakeholders in the affected constituencies are also expected to sustain mobilisation and support for the APC ahead of the 2027 elections.

Bottom Line

Alia says his administration will not surrender any part of Benue to herders and will continue efforts to protect lives, property and ancestral lands, while stakeholders across Sankera, Kwande and Jechira have called for unity and expressed support for the administration ahead of 2027.

Akpabio says Tinubu inherited economy ‘in shambles’

Akpabio says Tinubu inherited economy ‘in shambles’

By
Kehinde Victor
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FG Working To Recover Over $4bn Owed NDDC - Akpabio

Key Points

  • Senate President Godswill Akpabio says President Bola Tinubu inherited an economy in shambles but has improved it through economic reengineering.
  • Akpabio says the APC will campaign on the administration’s achievements ahead of the 2027 general election.
  • He also defended the 10th National Assembly and highlighted its contributions to education through TETFund and NELFUND.

Main Story

President of the Senate, Godswill Akpabio, says President Bola Tinubu inherited an economy in shambles but has transformed the situation through what he described as innovative thinking and economic reengineering.

Akpabio said the All Progressives Congress (APC) would have enough achievements to present to Nigerians when it begins its nationwide campaign for the 2027 general election, expressing confidence that Tinubu would secure a second term.

The Senate President spoke on Monday in Uyo, Akwa Ibom State, while receiving members of the Senate Committee on Tertiary Institutions, Tertiary Education Trust Fund (TETFund) and Nigerian Education Loan Fund (NELFUND), led by its chairman, Senator Mohammed Dandutse.

In a statement issued by his Special Assistant on Media, Jackson Udom, on Tuesday, Akpabio said the Tinubu administration had recorded significant progress since assuming office despite the difficult economic situation it inherited.

He said 27 states were unable to pay salaries and pensions when Tinubu assumed office, but that the situation had changed under the administration.

Akpabio said the administration’s achievements would become major campaign issues ahead of the 2027 elections, adding that Nigerians would judge the government based on its record.

He said Tinubu had demonstrated an ability to introduce innovative solutions to Nigeria’s economic and developmental challenges.

Akpabio challenged opposition politicians seeking to defeat Tinubu in 2027 to present their own records in public office for comparison with the achievements of the present administration.

He maintained that opposition politicians were aware of the administration’s achievements in the economy, agriculture, security, education and fiscal policy but were unwilling to acknowledge them because of their political interests.

The Senate President also defended the performance of the 10th National Assembly, saying the Senate under his leadership had made significant contributions to national development.

He commended members of the committee for continuing their legislative and oversight responsibilities despite the Senate’s annual vacation.

Akpabio also cautioned against relying on information circulated on social media, urging politicians and Nigerians to focus on verifiable facts and achievements.

The Senate President further assured senators who would not return to the 11th National Assembly that their loyalty to the APC and the Tinubu administration would not go unrecognised.

Earlier, Dandutse said the committee’s visit was part of its constitutional responsibility and an opportunity to pay homage to Akpabio as a leader.

He commended the 10th National Assembly for legislation that he said had produced tangible benefits for Nigerians, particularly in the education sector.

Dandutse said the committee was in Akwa Ibom State to conduct sensitisation and oversight activities on infrastructure projects executed through TETFund.

He described education as critical to Nigeria’s development and said sustained investment in the sector was necessary for national progress.

The Issues

Akpabio’s remarks place the economic performance of the Tinubu administration at the centre of the APC’s preparations for the 2027 general election.

His comments also highlight the political contest expected ahead of the election, with the Senate President challenging opposition politicians to present their records for comparison with those of the current administration.

The visit by the TETFund and NELFUND committee also focused attention on the role of the National Assembly in education legislation, oversight and infrastructure development.

What’s Being Said

“The current president has done a lot for Nigerians. He met an economy in shambles. When he came in, 27 states could not pay salaries and pensions, but today, the story has changed because of his reengineering and thinking out of the box.”

— Godswill Akpabio, President of the Senate

“In 2027, Nigerians will separate the shafts from the grains and re-elect President Tinubu for a second term in office.”

— Godswill Akpabio, President of the Senate

“We have a president who thinks outside the box, bringing about innovation. We will have something to tell Nigerians about the unprecedented achievements of Mr President at the campaign grounds.”

— Godswill Akpabio, President of the Senate

“Someone who is challenging him cannot even tell us what he did when he was governor. I can tell you what I did when I was the governor of my state. We will tell them a lot.”

— Godswill Akpabio, President of the Senate

“Those in the opposition know too well the achievements of this government in the area of the economy, agriculture, security, education and fiscal policy, but because they are in the opposition, they won’t say it.”

— Godswill Akpabio, President of the Senate

“The 10th Senate under my leadership has made giant strides and we are very proud of it. We will continue to collaborate with the Executive arm of government to achieve more for Nigerians.”

— Godswill Akpabio, President of the Senate

“We don’t need to listen to the social media because it is garbage in, garbage out.”

— Godswill Akpabio, President of the Senate

“We are here today for a very important constitutional responsibility and to pay homage to our leader, the Senate President of the Federal Republic of Nigeria.”

— Mohammed Dandutse, Chairman, Senate Committee on Tertiary Institutions, TETFund and NELFUND

“Under your leadership, we have enacted the law that is benefiting the Nigerian masses. Nigerian parents are happy because of NELFUND and TETFund.”

— Mohammed Dandutse, Chairman, Senate Committee on Tertiary Institutions, TETFund and NELFUND

“We are in Akwa Ibom State on sensitisation and oversight on all of the infrastructures executed by TETFund.”

— Mohammed Dandutse, Chairman, Senate Committee on Tertiary Institutions, TETFund and NELFUND

“This law is fundamental to the success story of the development of Nigeria, because education is key to success.”

— Mohammed Dandutse, Chairman, Senate Committee on Tertiary Institutions, TETFund and NELFUND

What’s Next

The APC is expected to present the Tinubu administration’s record as part of its campaign ahead of the 2027 general election.

The Senate committee is also expected to continue its sensitisation and oversight activities on TETFund-funded infrastructure projects.

Bottom Line

Akpabio says the Tinubu administration’s economic and developmental record will provide the APC with a strong basis for its 2027 campaign, while the Senate President and the TETFund and NELFUND committee highlighted the National Assembly’s role in supporting government programmes and education development.

Lagos pensioners begin warning protest over unpaid liabilities

Interswitch Reinforces Infrastructure-Led Approach to Africa’s Fintech Growth at The Borderless Experience 2026 in Lagos

By
Partners Posts
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Interswitch Group reinforced its commitment to building the infrastructure required to enable sustainable financial innovation across Africa at The Borderless Experience 2026, organised by Condia and held in Lagos on Friday, August 21, 2026.

Speaking during a fireside conversation on the future of African fintech, Akeem Lawal, Managing Director, Payment Processing & Switching, Interswitch Purepay, highlighted the critical role of collaboration between fintechs, commercial banks, infrastructure providers and regulators in building a financial ecosystem that can scale without compromising trust, compliance or resilience.

In a conversation with Kemi Okusanya, CEO, Zest, moderated by Benjamin Dada, Founder & Publisher, Condia, Lawal emphasised that fintechs cannot – and should not – be expected to solve the challenges of financial innovation alone.

“I don’t think the fintechs can solve it alone,” he noted, underscoring the need for commercial banks and infrastructure providers to create the compliant and transparent layers that enable fintechs to focus on innovation.

For Interswitch, this represents a fundamental principle of Africa’s digital financial evolution: innovation is only as powerful as the infrastructure that supports it.

As fintechs continue to transform how individuals and businesses access and move money, trusted infrastructure providers have a critical role to play in enabling secure, compliant and resilient financial ecosystems. The collaboration between innovators, established financial institutions, infrastructure providers and regulators will therefore be essential to ensuring that Africa’s fintech revolution is not only rapid, but sustainable.

Lawal’s contribution at The Borderless Experience reflects Interswitch’s broader thought leadership on the future of payments and financial infrastructure across Africa -advocating for an ecosystem where innovation and infrastructure advance together.

In terms of what comes next for cross-border and contactless payments, he opined that trust remains the larger obstacle, since customers tapping a card without entering a PIN often assume the transaction is less secure than it actually is.

He concluded by emphasizing that “The future of fintech is not simply about building revolutionary products. It is about building the infrastructure that allows that revolution to endure.”

PenCom reports 143,248 new pension accounts in Q1 2026

PenCom reports 143,248 new pension accounts in Q1 2026

By
Kehinde Victor
-

Key Points

  • Cumulative Retirement Savings Account registrations rose by 143,248 to 11.18 million in Q1 2026.
  • The five leading PFAs accounted for 54.41 per cent of new registrations, with Stanbic IBTC Pension Managers leading.
  • Nigerians below 40 accounted for 75.31 per cent of new registrations, while women represented 44.08 per cent.

Main Story

The National Pension Commission (PenCom) says cumulative Retirement Savings Account (RSA) registrations under the Contributory Pension Scheme (CPS) rose by 143,248 in the first quarter of 2026.

PenCom disclosed this in its Q1 2026 report, stating that cumulative RSA registrations increased from 11,040,227 at the end of Q4 2025 to 11,183,475 by the end of Q1 2026.

The commission said the increase followed the opening of 143,248 new accounts during the quarter, compared with 114,864 accounts opened in Q4 2025.

It attributed the growth to improved digital onboarding and sustained public sensitisation.

“Cumulative RSA registrations rose from 11,040,227 at the end of Q4 2025 to 11,183,475 at the end of Q1 2026, on the back of 143,248 new accounts opened during the quarter.

“The quarterly cadence is materially stronger than the 114,864 opened in Q4, and reflects both improved digital onboarding and sustained public sensitisation.” — PenCom

According to the report, active pension membership represents about 12.1 per cent of Nigeria’s estimated 92 million labour force, indicating significant room for expansion, particularly in the informal sector.

The five leading Pension Fund Administrators (PFAs) accounted for 54.41 per cent of new RSA registrations during the quarter, down from 62.11 per cent in Q4 2025.

Stanbic IBTC Pension Managers led with 25,024 new registrations, representing 17.47 per cent of the total.

AccessARM followed with 10.63 per cent, FCMB Pensions with 10.15 per cent, TangerineAPT with 9.65 per cent and Trustfund with 6.73 per cent.

PenCom said the figures pointed to intensifying competition among mid-tier PFAs, noting that TangerineAPT’s emergence among the top five indicated continued competition in the market.

On gender distribution, the commission said female registrations accounted for 44.08 per cent of new contributors in Q1, while males accounted for 55.92 per cent.

It said the figures reflected a continued narrowing of the gender gap in pension enrolment, driven by increasing female participation in the workforce and sustained sensitisation efforts aimed at wider inclusion.

The report also revealed that Nigerians below the age of 40 accounted for 75.31 per cent of new RSA registrations during the quarter.

PenCom described the youthful contributor base as a major long-term strength of the pension system, noting that these contributors had retirement horizons extending beyond 2055.

It said investment policies should take the youthful profile of contributors into account because long investment horizons provide room for greater risk-bearing capacity.

The Issues

The growth in RSA registrations indicates continued expansion of Nigeria’s contributory pension system, but PenCom said coverage remains limited relative to the country’s labour force.

With active pension membership representing about 12.1 per cent of an estimated 92 million workers, the informal sector remains a major area for expanding pension coverage.

The age profile of new contributors also presents an opportunity for the pension industry, as the large share of contributors below 40 gives pension funds long investment horizons.

The narrowing gender gap further points to increased participation by women in the pension system.

What’s Being Said

“The quarterly cadence is materially stronger than the 114,864 opened in Q4, and reflects both improved digital onboarding and sustained public sensitisation.”

— PenCom

“Investment policies should take the youthful profile of contributors into account, noting that long investment horizons provided room for greater risk-bearing capacity.”

— PenCom

“Pension reform would only succeed when it reached more Nigerians in both the formal and informal sectors.”

— PenCom

What’s Next

PenCom is expected to continue efforts to expand pension coverage, particularly among workers in the informal sector.

PFAs will also compete for new contributors as digital onboarding and public sensitisation continue to support RSA registrations.

The youthful contributor base could also influence how pension funds approach investment strategies over longer periods.

Bottom Line

Nigeria’s pension system added 143,248 new RSA registrations in Q1 2026, taking cumulative registrations to 11.18 million. While the growth indicates stronger enrolment, PenCom says the relatively small share of workers covered shows that expanding pension participation, particularly in the informal sector, remains a major priority.

Iran blacklists 45 tankers over Strait of Hormuz rules

Lagos pensioners begin warning protest over unpaid liabilities

By
Kehinde Victor
-

Key Points

  • NUP Lagos State Council has begun a warning protest in Badagry over unpaid pension liabilities.
  • The union is demanding pension increases, payment of outstanding arrears and settlement of liabilities owed retirees.
  • The union warned that a larger protest would begin on Aug. 31 if the government fails to address its demands.

Main Story

The Nigerian Union of Pensioners (NUP), Lagos State Council, on Monday began a warning protest in Badagry over unpaid pension liabilities and what it described as poor welfare for retirees.

The union said the action was aimed at drawing the Lagos State Government’s attention to the hardship faced by pensioners and demanding improved welfare.

Mr Olufemi Olarewaju, NUP Lagos chairman, disclosed this through Mr Abdulmalik Abiodun, chairman of the union’s Badagry zone.

Olarewaju said the protest was also intended to compel the state government to increase pensions and settle outstanding liabilities owed retirees.

He said President Bola Tinubu had approved N758 billion for pension increases for federal pensioners, which was paid in November 2025.

According to him, the Lagos State Government under Mr Babajide Sanwo-Olu had promised to implement the increase for Lagos State pensioners in May 2025.

Olarewaju said Sanwo-Olu received the federal pensioners’ implementation template in January 2026 and referred it to the Lagos State Pension Commission (LASPEC).

He said pensioners had yet to receive the payment despite pressure from the union.

The NUP chairman said the union subsequently issued an ultimatum demanding that pensioners’ accounts with various pension fund administrators be credited by Aug. 19.

He said the ultimatum expired without action from the state government, prompting the warning protest.

Olarewaju warned that a larger protest would begin on Aug. 31, with pensioners expected to converge on the Lagos State Government Secretariat in Alausa and the Lagos State House of Assembly.

He said the pensioners would remain at the locations until the government addressed their demands.

The union also called on Sanwo-Olu to settle outstanding pension liabilities and release funds to retirees who exited service from 2024.

Olarewaju said the affected retirees had their files cleared by LASPEC but remained unpaid.

He identified two categories of pensioners affected by the demands: those under the Defined Benefit Scheme (DBS) and those under the Contributory Pension Scheme (CPS).

According to him, DBS pensioners were owed 57 months of arrears arising from the implementation of the 2019 new minimum wage.

He said CPS pensioners were demanding payment of the 15 per cent minimum wage adjustment of 2010, the 33 per cent consequential adjustment from 2019 and a N32,000 wage award owed from January 2024.

The union is also demanding the movement of pensioners in parastatals to the mainstream public service to ease payment.

Olarewaju alleged that more than 2,000 pensioners had died over the past decade while waiting for their entitlements from the Lagos State Government.

He also said a Level 17 pensioner earns less than N60,000 monthly, which he described as unacceptable.

The Issues

The protest centres on the union’s demand for the implementation of pension increases and payment of outstanding liabilities owed to Lagos State pensioners.

The union says pensioners under both the Defined Benefit Scheme and Contributory Pension Scheme have outstanding adjustments and wage-related payments that remain unpaid.

It is also demanding the settlement of liabilities owed to retirees who left service from 2024 and the transfer of pensioners in parastatals to the mainstream public service.

What’s Being Said

“Since then, no pensioner has been paid, in spite of pressure from the union.”

— Olufemi Olarewaju, NUP Lagos Chairman

“The ultimatum lapsed on Wednesday without action from the state government.”

— Olufemi Olarewaju, NUP Lagos Chairman

“Pensioners in Lagos State will storm the seat of government in Alausa and the Lagos State House of Assembly.”

— Olufemi Olarewaju, NUP Lagos Chairman

“Those under the DBS are owed 57 months’ arrears of consequential adjustment arising from implementation of the 2019 new minimum wage.”

— Olufemi Olarewaju, NUP Lagos Chairman

“We are also clamouring for the movement of pensioners in parastatals to the mainstream public service for ease of payment.”

— Olufemi Olarewaju, NUP Lagos Chairman

“Pensioners in Lagos State deserve better treatment than what we are going through.”

— Olufemi Olarewaju, NUP Lagos Chairman

What’s Next

The NUP has warned that a larger protest will begin on Aug. 31 if the Lagos State Government does not address its demands.

The union said pensioners would converge on the Lagos State Government Secretariat in Alausa and the Lagos State House of Assembly and remain there until their demands were addressed.

Bottom Line

Lagos pensioners have begun a warning protest over unpaid pension liabilities, arrears and adjustments, with the NUP threatening a larger demonstration on Aug. 31 if the state government does not respond to its demands.

Iran blacklists 45 tankers over Strait of Hormuz rules

Nigerian Navy inaugurates school projects in Bayelsa community

By
Kehinde Victor
-

Key Points

  • The Nigerian Navy has inaugurated a rehabilitated eight-classroom block and other facilities at Group School 1, Igbainwari Community, Bayelsa.
  • The intervention includes a library, solar-powered industrial borehole, drainage system, toilets and electrification.
  • The Navy said the project was part of its civil-military cooperation and commitment to supporting host communities.

Main Story

The Nigerian Navy has inaugurated a rehabilitated eight-classroom block, library, headmaster’s office and solar-powered industrial borehole at Group School 1, Igbainwari Community in Kolokuma/Opokuma Local Government Area of Bayelsa.

Other projects inaugurated under the Chief of Naval Staff’s Special Intervention Quick Impact Project Scheme included a drainage system, construction of toilets and electrification of the school.

Inaugurating the projects on Monday, Vice Adm. Idi Abbas, Chief of Naval Staff, represented by Rear Adm. Suleiman Ibrahim, Flag Officer Commanding the Central Naval Command, Yenagoa, said civil-military cooperation initiatives contributed to national development.

He said the projects aligned with the Federal Government’s Renewed Hope Agenda and reflected the Navy’s commitment to supporting local communities beyond its core security responsibilities.

Abbas said improving schools was important to the development of the education sector, particularly in rural communities.

He said the renovation would improve the lives of residents and encourage them to protect facilities in their communities.

Rear Adm. Ebiobowei Zipele, the project facilitator and an indigene of the community, described the intervention as part of the Navy’s corporate social responsibility to its host communities.

He said the Chief of Naval Staff Quick Impact Project Scheme was conceived to give back to communities that had supported the Navy over the years and strengthen the relationship between security agencies and the communities they protect.

Zipele said the renovated school would provide a more conducive environment for learning, while the solar-powered borehole would improve access to water.

He added that the drainage system was constructed to address perennial flooding experienced in the school during the rainy season.

The Special Guest of Honour, Rear Adm. Olugbenga Oladipo, commended the Chief of Naval Staff for the intervention and said it would benefit both the students and the wider community.

He urged residents to provide the Navy and other security agencies with information about developments within their areas.

The Headmistress of the school, Mrs Roseline Odoguw, also commended the project facilitator and the Chief of Naval Staff for the intervention.

The Issues

The intervention addresses some of the infrastructure challenges affecting the rural school, including inadequate learning facilities, access to water, drainage and electricity.

The provision of a solar-powered borehole and drainage system is also intended to improve the school environment by providing water and reducing the impact of perennial flooding.

The project forms part of the Navy’s wider civil-military cooperation efforts aimed at strengthening its relationship with host communities.

What’s Being Said

“Civil-military cooperation initiatives like the project contributed to national development.”

— Vice Adm. Idi Abbas, Chief of Naval Staff

“The idea behind the project, though simple, yet profound, was to give back to the communities that have supported the Nigerian Navy over the years, thereby strengthening the bond between security agents and the people they protect.”

— Rear Adm. Ebiobowei Zipele, Project Facilitator

“The installation of solar powered borehole and the construction of a drainage system in the school were executed to provide access to good pipe borne water as well as the combat of perennial flooding experienced in the school during raining season.”

— Rear Adm. Ebiobowei Zipele, Project Facilitator

What’s Next

The Nigerian Navy is expected to continue using its Special Intervention Quick Impact Project Scheme to support host communities through infrastructure and other civil-military cooperation initiatives.

The Igbainwari community is also expected to support the protection and maintenance of the newly rehabilitated school facilities.

Bottom Line

The Nigerian Navy’s intervention has provided Group School 1 in Igbainwari with upgraded classrooms, water, drainage, sanitation and electricity facilities, while reinforcing the Navy’s civil-military cooperation efforts in its host communities.

Libya refers oil smuggling reports to prosecutor for investigation

Iran blacklists 45 tankers over Strait of Hormuz rules

By
Kehinde Victor
-

Key Points

  • Iran has blacklisted 45 tankers for allegedly violating its rules governing transit through the Strait of Hormuz.
  • The vessels could face fines, detention and cargo confiscation, according to the Persian Gulf Strait Authority.
  • The development comes amid heightened tensions between Iran and the United States over shipping and energy flows through the strategic waterway.

Main Story

Iran has blacklisted 45 tankers for allegedly violating its rules governing transit through the Strait of Hormuz and warned that vessels involved in cargo transfers with the affected ships could also face action.

The Persian Gulf Strait Authority, a newly established body responsible for managing the strategic waterway, announced the blacklist in a post on X.

It said the affected vessels could face fines, detention and confiscation of their cargo.

The authority said the blacklist included very large crude carriers, liquefied natural gas (LNG) tankers, liquefied petroleum gas (LPG) carriers and clean-product vessels, among others.

It did not specify the rules allegedly breached by the vessels.

However, Tehran had previously maintained that shipowners should obtain clearance before transiting the strait and pay for security and related services.

The development comes days after the United States warned Iran of what it described as “the toughest sanctions in history”, prompting Tehran to say its response to any new US threats would be “devastating”.

The United States has also imposed a naval blockade on Iran-related shipping, further increasing tensions around the Strait of Hormuz, one of the world’s most important energy transit routes.

Before the conflict involving Iran disrupted tanker movements, the Gulf accounted for about 20 per cent of global daily crude oil and liquefied natural gas supplies.

US-coordinated efforts to move tankers through the Strait of Hormuz and transfer cargoes to waiting supertankers outside the waterway have helped restore part of the disrupted export volumes.

US Secretary of Energy Chris Wright said on X on Friday that the seven-day average volume of oil leaving the strait had risen to more than eight million barrels per day.

The Issues

The blacklist adds another layer of risk for shipping companies operating through the Strait of Hormuz, where Iran is asserting new transit requirements while the United States maintains pressure on Iran-related shipping.

The threat of fines, detention and cargo confiscation could increase uncertainty for tanker operators and companies involved in cargo transfers.

The waterway remains strategically important to global energy markets because of the large volume of crude oil and LNG that normally passes through it.

What’s Being Said

“Make no mistake, thanks to the U.S. Navy, oil is flowing through the Strait of Hormuz.”

— Chris Wright, US Secretary of Energy

“The toughest sanctions in history.”

— United States, referring to its threatened sanctions against Iran

“Devastating.”

— Tehran, describing its potential response to new US threats

What’s Next

Iran is expected to enforce the restrictions against vessels on its blacklist, while shipping companies will have to assess the risks associated with transit and cargo transfers through the Strait of Hormuz.

US efforts to maintain oil flows through the waterway will also remain important as tensions between Washington and Tehran continue.

Bottom Line

Iran’s blacklisting of 45 tankers increases pressure on shipping operators using the Strait of Hormuz at a time of heightened confrontation with the United States. With the waterway carrying a significant share of global energy supplies, further restrictions or disruptions could have wider implications for oil and gas markets.

India targets $44bn space economy by 2033

Zambia closes top courts as election challenge deadline nears

By
Kehinde Victor
-

Key Points

  • Zambia’s highest courts were closed on Monday, preventing access to the premises on the final day for challenging the presidential election.
  • Opposition leader Brian Mundubile had indicated plans to challenge President Hakainde Hichilema’s victory in the Aug. 13 election.
  • Zambian law requires election petitions to be filed within seven days of the official declaration of results.

Main Story

Zambian authorities on Monday closed the country’s highest courts, preventing access to the premises on the final day for the opposition to file a legal challenge to the disputed presidential election.

A memorandum issued by the judiciary’s chief administrator directed staff not to report for work, citing security concerns.

“For security reasons, all members of staff are advised not to report for work today.”

— Judiciary’s chief administrator

Police spokesperson Godfrey Chilabi said security assessments were ongoing but declined to provide further details.

Efforts to obtain a response from a judiciary spokesperson were unsuccessful.

The closure came as opposition leader Brian Mundubile was expected to file a petition before the Constitutional Court challenging the outcome of the Aug. 13 presidential election, which he lost to President Hakainde Hichilema.

Mundubile had indicated during the past week that he intended to contest the result.

Under Zambian law, presidential election challenges must be filed within seven days of the official announcement of the results, making the early hours of Tuesday the deadline.

The closure of the courts therefore comes at a critical point for the opposition, which could lose the opportunity to challenge the election result if it is unable to access the appropriate court within the stipulated period.

The Issues

The court closure has raised concerns because it coincides with the final day for filing an election petition against the presidential result.

While the judiciary cited security reasons for ordering staff to stay away, the police said security assessments were still ongoing and did not provide further details.

The timing of the closure could affect the opposition’s ability to meet the legal deadline for challenging the election outcome.

What’s Being Said

“For security reasons, all members of staff are advised not to report for work today.”

— Judiciary’s chief administrator

“Security assessments were ongoing.”

— Godfrey Chilabi, Police spokesperson

What’s Next

The deadline for filing a legal challenge to the presidential election falls in the early hours of Tuesday under Zambia’s seven-day rule.

The opposition’s next steps will determine whether Mundubile is able to formally challenge the election result before the deadline.

Bottom Line

Zambia’s highest courts were closed on the final day for challenging the Aug. 13 presidential election, creating uncertainty over whether opposition leader Brian Mundubile can file his planned petition against President Hakainde Hichilema’s victory within the legal deadline.

China, Ethiopia sign 33 trade deals worth over $330m

India targets $44bn space economy by 2033

By
Kehinde Victor
-

Key Points

  • India is targeting a fivefold expansion of its space economy to nearly $44 billion by 2033.
  • The country’s space economy is currently valued at about $8.4 billion, with reforms opening the sector to greater private participation.
  • India has completed 100 launches and placed 548 satellites into orbit, with 460 launched in the past decade.

Main Story

India is targeting a fivefold expansion of its space economy to nearly $44 billion by 2033 as the country seeks to turn advances in space science into high-skilled jobs and innovative applications.

Union Minister Gajendra Singh Shekhawat said India’s space economy was currently valued at about $8.4 billion, with significant potential to reach nearly $44 billion over the next decade.

Shekhawat made the disclosure at National Space Day celebrations in Ahmedabad, where he said the sector’s growth should be measured not only by its economic value but also by the technological capabilities being developed domestically.

He said reforms introduced in 2020 had created new opportunities for private participation in satellite manufacturing, launch services and space applications, while retaining the central role of the national space programme.

Petroleum and Natural Gas Minister Hardeep Singh Puri highlighted India’s recent progress in space exploration, saying the country had completed 100 launches and placed 548 satellites into orbit.

Puri said about 460 of the satellites were launched during the past decade, reflecting India’s expanding capabilities and growing role in the global space industry.

India also became the fourth country to achieve a controlled lunar landing and the first to reach the Moon’s southern polar region through its Chandrayaan-3 mission.

The mission’s lander and rover subsequently conducted scientific experiments examining the lunar surface, including temperature, seismic activity, the plasma environment and elemental composition.

The data generated from the mission is expected to support further research into the Moon and its environment.

Officials, however, said the rapid expansion of space activities would require greater attention to space debris, cybersecurity, data security and the responsible use of artificial intelligence.

The government expects increased participation in satellite systems, launch technology, space applications and data services to contribute to India’s technological advancement and wider economic development.

The Issues

India’s target would require the country to increase the value of its space economy by more than five times within the next decade.

The government is seeking to achieve this through domestic technological development and greater private-sector participation in areas including satellite manufacturing, launch services and space applications.

At the same time, the expansion of space activities is creating new challenges around space debris, cybersecurity, data security and the use of artificial intelligence.

What’s Being Said

“The sector’s growth should not be measured solely by economic value but also by technological capabilities developed domestically.”

— Gajendra Singh Shekhawat, Union Minister

“India had completed 100 launches and placed 548 satellites into orbit.”

— Hardeep Singh Puri, Petroleum and Natural Gas Minister

What’s Next

The government is expected to continue expanding opportunities for private companies in satellite manufacturing, launch services and space applications as it works towards its $44 billion target.

Further development of satellite systems, launch technology, space applications and data services will also form part of the country’s efforts to expand the sector and its contribution to the wider economy.

Bottom Line

India wants to grow its space economy from about $8.4 billion to nearly $44 billion by 2033. The country is relying on technological development, private-sector participation and expanding space applications to turn its growing space capabilities into a larger contributor to economic growth.

Bauchi seeks resumption of oil exploration at Kolmani project

China, Ethiopia sign 33 trade deals worth over $330m

By
Kehinde Victor
-

Key Points

  • China and Ethiopia have signed 33 trade and cooperation agreements valued at more than $330 million.
  • The agreements seek to expand Ethiopian exports to the Chinese market and create new business opportunities.
  • Ethiopian exports to China reached $369 million in the 2025/2026 Ethiopian financial year, according to the country’s Ministry of Trade and Regional Integration.

Main Story

China and Ethiopia have signed 33 trade and cooperation agreements worth more than $330 million as both countries seek to expand Ethiopian exports to the Chinese market and deepen bilateral economic ties.

The agreements were announced at a trade promotion event in Addis Ababa focused on improving market access for Ethiopian products and creating new opportunities for businesses from both countries.

More than 200 representatives participated in discussions on market opportunities, supply chains and potential trade partnerships, with emphasis on strengthening commercial cooperation.

Ethiopian exports to China reached $369 million in the 2025/2026 Ethiopian financial year, according to data from the Ministry of Trade and Regional Integration.

The figure represents an average annual growth rate of 92 per cent over the past five years, indicating increased demand for Ethiopian products in the Chinese market.

The latest agreements come as China seeks to increase imports from Ethiopia and promote a more balanced flow of goods between the two economies.

Chinese officials highlighted measures aimed at reducing market-access costs for Ethiopian exporters, including expanded zero-tariff treatment for eligible products entering the Chinese market.

The measure is expected to improve the competitiveness of Ethiopian goods in China and encourage investment in sectors where Ethiopia has significant production and export potential.

Ethiopian officials said improved access to the Chinese consumer market could help increase production, modernise agriculture and strengthen the country’s manufacturing capacity.

The initiative also seeks to connect exporters and importers directly, allowing businesses from both countries to exchange market information and develop new supply-chain arrangements.

The two countries are also looking to use stronger trade links to attract investment and support industrial development in Ethiopia, particularly in sectors with export potential.

The agreements build on the longstanding commercial relationship between China and Ethiopia, with both governments seeking to expand cooperation beyond traditional trade flows into investment and supply-chain partnerships.

The Issues

The agreements come as Ethiopia seeks to increase the value and volume of its exports while gaining greater access to one of the world’s largest consumer markets.

For China, increasing imports from Ethiopia could support its broader effort to expand trade with countries around the world and promote a more balanced flow of goods.

The success of the agreements will depend on whether improved market access translates into higher production, stronger export capacity and sustained investment in Ethiopia.

What’s Being Said

“China and Ethiopia have signed 33 trade and cooperation agreements worth more than 330 million U.S. dollars.”

— Trade promotion event in Addis Ababa

“Stronger access to China’s consumer market could support efforts to increase production, modernise agriculture and develop the country’s manufacturing capacity.”

— Ethiopian officials

What’s Next

Businesses from both countries are expected to build on the agreements by developing new trade, investment and supply-chain partnerships.

Ethiopia will also seek to expand production in sectors with export potential and take advantage of improved access to the Chinese market.

Bottom Line

China and Ethiopia are deepening their commercial relationship through 33 agreements valued at more than $330 million. With Ethiopian exports to China already rising rapidly, both sides are seeking to turn stronger market access into increased trade, investment and industrial development.

Army foils terrorist attack in Niger, rescues eight abductees in Borno

Army foils terrorist attack in Niger, rescues eight abductees in Borno

By
Kehinde Victor
-

Key Points

  • Nigerian Army troops repelled a terrorist attack in Niger State and recovered weapons, motorcycles and communication equipment.
  • Eight abductees, including three women and five children, escaped from terrorist camps in Borno and were rescued by troops.
  • Troops also arrested suspected gunrunners, terrorist couriers and other suspects across Zamfara, Kogi and Taraba.

Main Story

Nigerian Army troops have foiled a terrorist attack in Niger State and rescued eight people who escaped from terrorist camps in Borno State, while also arresting suspected gunrunners and terrorist couriers in separate operations across the country.

An operational report made available to the News Agency of Nigeria (NAN) on Monday said troops recovered weapons, motorcycles, mobile phones and other items during the operations.

Troops of Operation Savannah Shield repelled a terrorist attack on their location at Dekara in Borgu Local Government Area of Niger State on Aug. 23.

The troops recovered an AK-47 rifle loaded with four rounds of 7.62mm special ammunition, six motorcycles and 49 mobile phones. They also recovered nine batteries and 10 memory cards during the operation.

The report said drone footage showed two injured terrorists being evacuated on motorcycles into the Kainji Lake National Park, while troops maintained their presence in the area to prevent the terrorists from regrouping.

In Borno State, troops of the 82 Division Task Force Battalion intercepted eight abductees, comprising three women and five children, around Ngoshe in Gwoza Local Government Area.

The victims told troops that they had been abducted from Ngoshe and Agapaluwa but escaped from terrorist camps because of shortages of basic necessities.

They were handed over to the Ngoshe Internally Displaced Persons camp authorities and community leaders for further action.

Troops of the 151 Task Force Battalion also intercepted a male escapee at Banki Junction in Bama Local Government Area.

The man said he had been abducted by JAS terrorists while working on his farm at Kirawa in Gwoza and escaped during clashes between JAS and ISWAP fighters.

A woman and her child were also intercepted at a checkpoint in Bama after escaping from a JAS camp at Kayola Village during clashes with ISWAP terrorists.

In Zamfara State, troops arrested three suspected gunrunners during a snap check along the Kaura Namoda-Shinkafi Road in Kaura Namoda Local Government Area.

The troops recovered an AK-103-2 rifle loaded with 30 rounds of 7.62mm special ammunition concealed in a bag of millet.

The suspects allegedly intended to deliver the weapon to a recipient identified as Tijjani Goguwa at Yar-Galadima in Maru Local Government Area.

In Kogi State, troops of the 12 Brigade arrested a suspected terrorist and a suspected terrorist courier around Okene.

One of the suspects was allegedly involved in kidnapping activities along the Okene-Auchi road and surrounding areas.

Troops recovered two mobile phones, a power bank, palm oil, cow meat, clothes and N901,080 from the suspects.

The Army also reported the arrest of a suspected gunrunner along the Bantaje-Wukari Road in Wukari Local Government Area of Taraba State.

In the Federal Capital Territory, Army Headquarters Garrison troops, working with Operation SWEEP, raided Karshi, Jeje, Kurape and Nyanya, where several illegal shanties and structures were destroyed.

In Plateau State, troops recovered rustled cattle in Quan’Pan Local Government Area after using drone surveillance to track the movement of the suspected criminals.

In Kaduna State, troops responding to a kidnapping incident involving an adult male and the wife of a Hakimi in Sanga Local Government Area found no suspects at the reported hideout.

The report said the kidnappers had killed two residents who confronted them while they were fleeing with the victims. Efforts to rescue the abducted persons were continuing.

In Bayelsa State, troops of the Joint Task Force South South, Operation Delta Safe, intercepted a tugboat and barge carrying 10,400 bags of suspected illegally mined ilmenite sand, commonly known as black sand.

Five suspects were arrested during the operation at Bassambiri Community in Nembe Local Government Area and handed over to the Nigeria Police for further investigation.

The Issues

The operations highlight the range of security threats confronting communities across different parts of the country, including terrorism, kidnapping, arms trafficking, cattle rustling and illegal mining.

The rescue of the Borno victims also points to the conditions within terrorist camps, with the Army reporting that shortages of basic necessities contributed to the escape of some abductees.

The recovery of firearms and ammunition in Niger and Zamfara also underscores the continued movement of weapons and suspected gunrunning networks linked to criminal activities.

What’s Being Said

“Preliminary investigation revealed that the victims had been abducted from Ngoshe and Agapaluwa and escaped from terrorist camps due to shortages of basic necessities.”

— Nigerian Army operational report

“The suspects allegedly intended to deliver the weapon to a recipient identified as Tijjani Goguwa at Yar-Galadima in Maru Local Government Area.”

— Nigerian Army operational report

What’s Next

The rescued abductees have been handed over to the Ngoshe IDP camp authorities and community leadership for further action.

The suspects arrested in Zamfara, Kogi, Taraba and Bayelsa are expected to face further investigation by the relevant security and law enforcement agencies.

Troops are also continuing operations in areas where terrorists and kidnappers remain active, including the Kainji Lake National Park and Sanga Local Government Area.

Bottom Line

The Nigerian Army reported a series of operations across the country that disrupted terrorist and criminal activities, including the foiling of an attack in Niger State and the rescue of eight people who escaped terrorist camps in Borno. The operations also resulted in weapons recoveries and arrests linked to suspected arms trafficking, terrorism and other crimes.

FCTA, UNICEF urge area councils to take ownership of nutrition programmes

Libya refers oil smuggling reports to prosecutor for investigation

By
Kehinde Victor
-
154 Nigerians Deported From Libya

Key Points

  • Libya’s Presidential Council has referred UN reports on alleged oil smuggling and illegal exports to the Prosecutor General.
  • The reports allege illegal crude oil and petroleum product exports, fuel smuggling and diversion of fuel from designated channels.
  • The council called for an independent investigation into companies, individuals, contracts, revenues and assets linked to the alleged activities.

Main Story

Libya’s Presidential Council Chairman, Mohamed al-Menfi, has referred reports by the United Nations Security Council’s Panel of Experts on alleged oil smuggling and illegal exports to the country’s Prosecutor General, Al-Siddiq Al-Sour, for investigation.

The reports contain allegations of illegal exports of crude oil and petroleum products, fuel smuggling and the diversion of fuel from designated distribution channels, according to local media reports.

They also contain information on entities and networks allegedly benefiting from proceeds generated through the activities.

Al-Menfi called for a comprehensive and independent judicial investigation into the allegations, with particular attention to Arkenu Chemicals Company and related entities and individuals that may have committed criminal offences.

The Presidential Council also requested investigations into contracts and other arrangements identified in the UN reports, including the quantities of oil involved, revenues generated and the individuals or entities that benefited from them.

The council wants investigators to determine whether proceeds from the alleged activities entered Libya’s official financial channels.

It also called for the tracing of related funds and assets located both inside and outside Libya and urged authorities to activate international judicial cooperation mechanisms where necessary.

The Presidential Council further stressed the need to preserve evidence and protect witnesses, experts and whistleblowers involved in the investigations.

The Issues

The referral places allegations contained in the UN Security Council experts’ reports before Libya’s judicial authorities for further investigation.

The allegations cover both the movement of crude oil and petroleum products and the financial proceeds linked to the activities.

A key issue for investigators will be determining the beneficiaries of the alleged transactions and whether proceeds were channelled through Libya’s official financial system.

What’s Being Said

“The reports issued by the UN Security Council’s Panel of Experts contain allegations of illegal exports of crude oil and petroleum products, fuel smuggling and the diversion of fuel from designated channels.”

— Local media reports

“The Presidential Council called for a comprehensive and independent judicial investigation, particularly into Arkenu Chemicals Company and related entities and individuals for possible criminal offences.”

— Libya’s Presidential Council

What’s Next

The Prosecutor General is expected to investigate the allegations contained in the UN reports, including the contracts, quantities of oil involved, revenues generated and alleged beneficiaries.

Authorities may also pursue the tracing of related funds and assets inside and outside Libya and seek international judicial cooperation where required.

Bottom Line

Libya has moved to subject UN allegations of oil smuggling and illegal exports to a formal judicial investigation. The investigation will focus not only on the alleged movement of petroleum products but also on the financial networks, contracts, beneficiaries and assets connected to the reported activities.

Bauchi seeks resumption of oil exploration at Kolmani project
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