Nigeria’s national football team, the Super Eagles, have secured a spot in the playoffs for the 2026 FIFA World Cup following a decisive 3-1 victory over Cameroon in their final group stage match. Goals from Victor Osimhen and Ademola Lookman sealed the win in front of a packed stadium in Abuja. Coach Jose Peseiro expressed optimism, stating, 'This team has the potential to go all the way.' The qualification has sparked nationwide celebrations, with fans hopeful for a strong performance in the upcoming playoff rounds.
BBC Verify is conducting live investigations into government clampdowns on illegal workers in various countries and the spread of misinformation surrounding protests in Ukraine. The team of fact-checkers and specialists is working to verify videos and combat disinformation, providing real-time updates on these critical issues affecting public policy and international relations.
Market leaders, regulators, and government officials in Nigeria have called for unified action to strengthen the country’s capital market. They emphasized the importance of accelerating capital formation as a key driver of national economic growth. Discussions focused on policy reforms, investor confidence, and innovative financial instruments to enhance market performance and attract investment.
Nigeria’s Gross Domestic Product (GDP) has been rebased to ₦205 trillion, according to an official announcement. This recalibration reflects updated economic data and methodologies to provide a more accurate representation of the nation’s economic output. The rebasing exercise is expected to influence policy decisions, foreign investment perceptions, and fiscal planning. Detailed breakdowns of sectoral contributions or comparisons with previous figures were not included in the initial report, but further analysis is anticipated from economic experts.
In the wake of the Electricity Act, there is growing tension between power generation companies (Gencos) and distribution companies (Discos) as several Nigerian states have started implementing tariff cuts. This move has sparked debates over the sustainability of the power sector, with Gencos and Discos expressing concerns about revenue losses and the potential impact on service delivery. Industry stakeholders are calling for dialogue to balance consumer relief with the financial health of the sector.
Nigeria’s inflation rate soared to 34.19% in June 2025, according to the latest report from the National Bureau of Statistics (NBS). This marks a significant increase from the previous month, driven by rising food prices, transportation costs, and energy tariffs. The NBS report indicates that food inflation alone stood at 40.87%, exacerbating the cost-of-living crisis. Economist Dr. Tunde Adeyemi commented, 'Without urgent intervention, this trend could spiral into hyperinflation.' The Central Bank of Nigeria is under pressure to implement measures to stabilize the economy, with analysts predicting a potential interest rate hike in the coming weeks.
The Lagos State Government has unveiled plans to establish a new technology hub in Yaba, aimed at fostering innovation and supporting startups. The hub, expected to be operational by mid-2026, will provide co-working spaces, funding opportunities, and mentorship for young entrepreneurs. Governor Babajide Sanwo-Olu stated, 'Lagos is committed to becoming Africa’s tech capital, and this hub is a step in that direction.' The project is estimated to cost N5 billion and will create over 2,000 direct and indirect jobs. Partnerships with global tech giants are also in the pipeline to ensure sustainability.
Shamsuddeen Usman, a former Minister of National Planning, has accused elected officials of betraying public trust, which he says is a major factor stalling Nigeria’s progress. Speaking at a policy forum in Abuja, Usman highlighted corruption, mismanagement, and lack of accountability as key issues. He stated, 'When leaders prioritize personal gain over public good, development becomes impossible.' He urged citizens to demand transparency and hold leaders accountable through active participation in governance. The forum, attended by over 200 stakeholders, also discussed strategies for improving trust between the government and the populace ahead of future elections.
The race for the 2027 presidential election in Nigeria has begun within the Peoples Democratic Party (PDP) following the exit of former Vice President Atiku Abubakar from the contest. Party insiders reveal intense lobbying and strategic alignments among potential candidates. Key figures are reportedly reaching out to stakeholders across the six geopolitical zones to secure support. A party chieftain, who spoke on condition of anonymity, stated, 'The field is open now, and it’s a fierce battle for relevance and endorsements.' The development comes as the PDP seeks to reposition itself after recent electoral losses. Analysts suggest that zoning and regional balance will play critical roles in determining the eventual flagbearer. Meetings are ongoing in Abuja and other major cities to strategize ahead of party primaries.
Tensions in the Middle East have escalated following recent military actions and diplomatic failures, raising concerns over a broader regional conflict. Key international players are urging de-escalation while humanitarian groups warn of the dire consequences for civilians. The situation remains fluid with ongoing negotiations for a ceasefire.