Latest News

A coordinated cyberattack on July 5, 2025, disrupted financial systems across Europe, North America, and parts of Africa, including Nigeria’s banking sector. The attack, attributed to a sophisticated hacking group, caused temporary outages in online banking and payment platforms. Cybersecurity experts warn of potential data breaches affecting millions of users. Nigerian banks have assured customers that their funds are safe, but the incident has reignited calls for stronger digital infrastructure. International authorities are collaborating to trace the perpetrators, with early reports suggesting state-sponsored involvement. The economic impact is still being assessed, but markets remain jittery.

A significant oil spill was reported on July 4, 2025, off the coast of Delta State, threatening marine life and local fishing communities. The spill, attributed to a ruptured pipeline operated by a multinational oil company, has spread over 50 kilometers, according to preliminary assessments by the Nigerian Maritime Administration and Safety Agency (NIMASA). Environmental activists have condemned the incident, accusing oil companies of negligence and calling for stricter regulations. The government has vowed to hold the responsible parties accountable, while cleanup efforts are underway. Local leaders fear long-term damage to livelihoods and ecosystems.

Heavy rainfall over the past week has caused severe flooding in the Niger Delta, displacing over 10,000 residents in Bayelsa and Rivers states as of July 5, 2025. Homes, farmlands, and businesses have been submerged, with local authorities struggling to provide adequate relief. The National Emergency Management Agency (NEMA) has deployed teams to distribute food and medical supplies, but affected communities lament slow response times. Environmentalists warn that climate change and poor urban planning exacerbate such disasters, urging the government to invest in sustainable infrastructure. Humanitarian organizations are calling for urgent international aid to support recovery efforts.

Nollywood actress and filmmaker Funke Akindele has set a new box office record with her latest movie, 'A Tribe Called Judah,' which grossed over N1.2 billion in its first week of release on July 3, 2025. The film, a comedy-drama about family and resilience, has been hailed as a cultural milestone for Nigerian cinema. Akindele expressed gratitude to fans for their support, noting that the success reflects the growing global appetite for African stories. Industry experts predict that this achievement will inspire more investment in Nollywood, though challenges like piracy and distribution remain significant hurdles.

Lagos-based fintech startup PayFlex announced on July 5, 2025, that it has secured $10 million in Series A funding from international investors. The company, which provides digital payment solutions for small businesses, plans to use the funds to expand its operations across West Africa. CEO Adebayo Ogun stated that the investment will help bridge the financial inclusion gap in Nigeria, where many SMEs struggle with access to credit. Industry analysts view this as a positive development for Nigeria’s burgeoning tech ecosystem, though challenges like regulatory hurdles and infrastructure deficits remain. PayFlex aims to onboard 50,000 new merchants by the end of 2025.

Nollywood actress, Funke Akindele, has won the Best Actress award at the 2025 African Film Festival in London on July 3, 2025, for her role in the blockbuster movie 'A Tribe Called Judah.' The award recognizes her outstanding performance and contribution to African cinema. Funke dedicated the award to her fans and fellow filmmakers, emphasizing the importance of storytelling in promoting African culture. Her win has been celebrated widely in Nigeria, with many describing it as a proud moment for Nollywood on the global stage.

The United Nations declared a humanitarian crisis in a conflict-ridden region of the Middle East on July 4, 2025, following months of escalating violence. Over 2 million people have been displaced, with urgent needs for food, shelter, and medical aid. The UN has called for immediate international support and a ceasefire to allow aid delivery. Nigeria, as a member of the UN, has pledged to contribute to peacekeeping efforts in the region. The crisis has sparked global concern over the growing refugee crisis and its broader geopolitical implications.

A Lagos-based fintech startup, PayEase, has secured $10 million in Series A funding from international investors on July 4, 2025. The funding round was led by a US-based venture capital firm, with participation from local investors. PayEase aims to revolutionize digital payments in Nigeria by providing seamless solutions for small and medium enterprises. The CEO, Adeoluwa Johnson, stated that the funds would be used to expand operations across West Africa and improve their technological infrastructure. This development is seen as a boost to Nigeria's growing tech ecosystem, which has attracted significant foreign investment in recent years.

A bandit attack in a remote village in Katsina State, Northern Nigeria, has left 15 people dead and several others injured on July 3, 2025. The attackers, armed with sophisticated weapons, stormed the village in the early hours, looting homes and setting properties ablaze. Security forces have been deployed to the area to restore calm and apprehend the perpetrators. The state governor has condemned the attack, promising to intensify efforts to tackle insecurity in the region. This incident adds to the growing concerns over escalating banditry and kidnappings in Northern Nigeria.

Nigeria’s Super Eagles have secured their spot in the playoffs for the 2026 FIFA World Cup after a thrilling 2-1 victory over South Africa in a qualifier match held in Uyo. Goals from Victor Osimhen and Kelechi Iheanacho sealed the win, sparking celebrations across the country. Coach Jose Peseiro praised the team’s resilience and determination, stating that the victory is a testament to their hard work. Fans are optimistic about Nigeria’s chances of qualifying for the tournament, which will be co-hosted by the USA, Canada, and Mexico.