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Naira Day NG, https://nairaday. ng, Lagos (2026)

04/12/2025

Tinubu Sends 65 Ambassadorial Nominees to Senate for Confirmation

President Bola Ahmed Tinubu has forwarded a fresh list of 65 ambassador-designates to the Senate for screening and confirmation, marking one of the most sweeping diplomatic nominations since he assumed office.

The newly released list features several prominent Nigerians, including:

Sulu-Gambari Ahmed

Sen. Grace Bent

Sen. Ita Enang
alongside 62 other nominees drawn from across the federation.

According to Presidency sources, the nominations aim to “strengthen Nigeria’s foreign representation, deepen international partnerships, and reposition the nation’s diplomatic agenda.”

The Senate is expected to begin the screening process soon, with analysts predicting intense scrutiny of political balance, professional competence, and geopolitical considerations.

If confirmed, the new ambassadors will represent Nigeria in various missions around the world and are expected to drive Tinubu’s foreign policy objectives, including economic diplomacy, security cooperation, and diaspora engagement.

Nigeria’s global mission map may look very different in the coming weeks.

03/12/2025

NCDMB Launches $100 Million Equity Fund to Boost Local Oil Producers

In a bold move to strengthen Nigeria’s oil and gas sector, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a groundbreaking $100 million equity investment fund dedicated to supporting local upstream petroleum producers.

The fund, introduced as part of the Board’s ongoing drive to promote indigenous participation, aims to provide financial backing for Nigerian-owned companies engaged in exploration, development, and production activities. According to the NCDMB, the initiative is designed to bridge funding gaps, reduce dependence on foreign capital, and accelerate growth within the country’s energy value chain.

Executive Secretary of the NCDMB highlighted that the equity fund will prioritize companies with strong technical capacity, viable assets, and long-term growth potential. He emphasized that boosting local oil production is critical for strengthening national revenue, creating jobs, and stabilizing the energy sector.

Industry experts have lauded the move as a strategic step toward achieving energy security and deepening Nigerian participation in the oil and gas industry.

The fund is now open for qualified indigenous producers seeking to scale operations and contribute to Nigeria’s crude output.

02/12/2025

Market Shake-Up: Portfolio Realignment Opens Golden Window as Stocks Hit 5-Year Low

The Nigerian equities market has entered a new phase of volatility as widespread portfolio realignments, cautious investor sentiment, and sectoral repositioning pushed major stocks to their lowest levels in five years.

Analysts say the downturn though unsettling for many investors has created a rare window of opportunity for strategic buyers seeking undervalued assets with strong long-term fundamentals.

Market watchers note that institutional investors are rebalancing their portfolios ahead of year-end reports, contributing to sell pressure across several blue-chip counters. Despite this, financial experts insist that the current dip could mark the beginning of a major rebound cycle, especially as macroeconomic indicators show signs of stabilizing.

Retail investors are advised to stay alert, conduct proper research, and take advantage of discounted stock prices before the market begins its expected recovery phase.

28/11/2025

EFCC Summons Former AGF Malami as Fresh Probe Heats Up

The Economic and Financial Crimes Commission (EFCC) has summoned former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, over an undisclosed investigation currently gaining national attention.

According to insider sources, the anti-graft agency is seeking clarifications on key matters linked to Malami’s time in office. While details remain confidential, the summons signals a major development in ongoing efforts to review past government dealings.

Malami is expected to appear before EFCC investigators in the coming days as the probe enters a crucial stage. The public awaits more information as the story continues to unfold.

28/11/2025

FCTA Cracks Down: Abuja Property Owners Face Tough Enforcement Over Unpaid Charges

The Federal Capital Territory Administration (FCTA) has commenced a strict enforcement drive targeting property owners across Abuja who have failed to settle their outstanding statutory charges. According to officials, the operation aims to boost compliance, enhance revenue generation, and ensure proper urban management within the FCT.
Enforcement teams have already begun visiting estates, commercial buildings, and private properties to serve notices, seal defaulters’ premises, and demand immediate payment. The FCTA says the exercise is necessary to maintain essential services and infrastructure development in the capital city.
Property owners are urged to clear their debts promptly to avoid sanctions, legal action, or disruption of business activities. The administration emphasized that the enforcement will continue until full compliance is achieved.

27/11/2025

Experts Reveal Essential Tools Young Innovators Need to Thrive in Today’s Fast-Changing World

Industry leaders and innovation experts have highlighted the critical resources young innovators must secure to excel in today’s rapidly evolving global landscape. Speaking at a recent youth development forum, the experts stressed that access to mentorship, digital tools, funding opportunities, and collaborative networks are the core drivers of sustainable innovation.

According to them, young creators must not only harness their creativity but also leverage technology, continuous learning, and strategic partnerships to bring their ideas to life. They emphasized the need for supportive ecosystems that encourage experimentation, skill-building, and real-world problem-solving.

The experts further urged governments and private organizations to invest in innovation hubs, training programs, and grants that empower talented youths to scale their breakthroughs. With the right support, they noted, Africa’s next generation of innovators is poised to compete on the global stage.

26/11/2025

Kano Deputy Governor Calls on Media to Protect Peace & National Stability

Kano State Deputy Governor has urged journalists and media organisations to prioritise national unity and stability in their reporting. He emphasized that responsible journalism remains a powerful tool in preventing misinformation and promoting peace across the country.

26/11/2025

Nigeria Feels the Heat: The Hidden Costs of the Resident Doctors’ Strike

Nigeria is grappling with mounting pressure as the Resident Doctors’ strike continues to expose deep cracks in the nation’s healthcare system. With hospitals overwhelmed and patients stranded, the impact goes far beyond delayed treatments it threatens lives, stretches families financially, and widens the country’s healthcare inequality.
Experts warn that unless urgent action is taken, the long-term damage could be far greater than the immediate disruption.

25/11/2025

Army Intensifies Crackdown, Destroys 7 Illegal Refineries in Niger Delta

The Nigerian Army has intensified its ongoing operations against oil theft, announcing the deactivation of seven illegal refineries in different parts of the Niger Delta.
According to officials, the raids were carried out during a series of coordinated operations aimed at curbing crude oil sabotage and protecting national assets.

Troops also seized equipment used for illegal refining and disrupted multiple camps linked to oil thieves. The Army says the operation will continue until economic sabotage in the region is fully stamped out.

24/11/2025

WAEC Stands Firm: 2026 WASSCE to Hold as Full Computer-Based Test

The West African Examinations Council (WAEC) has reaffirmed that the 2026 West African Senior School Certificate Examination (WASSCE) will be conducted strictly as a computer-based test (CBT). This confirmation was made by Amos Dangut, Head of the Nigeria National Office, after the 63rd Nigeria National Council meeting in Umuahia, Abia State.
This comes despite earlier remarks by Binta Abdulkadir, Chairperson of WAEC Nigeria National Committee, suggesting that CB-WASSCE would begin fully in 2027. Dangut, however, clarified that WAEC has not received any formal communication altering its original plan.
“As we speak, we are only hearing that there is a discourse at the National Assembly. We have searched and found no formal communication,” he said, emphasizing that only official directives not media reports can change the timeline.
WAEC maintains its commitment to modernising assessment and preparing candidates for a digital future.

24/11/2025

Ezekwesili Slams ‘Cancerous Corruption’ as Root of Nigeria’s Worsening Insecurity, Mass Abductions”

Former Minister of Education and co-convener of the Bring Back Our Girls Movement, Oby Ezekwesili, has blamed Nigeria’s deepening insecurity and the recurring mass abductions of schoolchildren on what she calls “cancerous, systemic corruption” crippling the nation’s institutions.
In a post shared via her X handle on Monday, Ezekwesili said corruption had eaten deep into Nigeria’s foundational values, leaving vital institutions including the military and judiciary “terribly compromised and incapable of delivering on their mandate.”
According to her, “Endemic corruption gradually ate up the very values on which they were founded and rendered them the impotent institutions we now know.”
She warned that the alarming rise in attacks and kidnappings reflects the full consequence of decades of ignored good governance. Ezekwesili described the repeated assaults on schools as clear “proof of state collapse in its most basic duty the protection of our greatest human asset: our children.”
Ten years after the Chibok schoolgirls’ abduction, she argued, the Federal Government can no longer plead ignorance or inexperience.
“What we have is deliberate negligence, and deliberate negligence is a crime,” she said.
Ezekwesili added that any administration that fails to rescue abducted children or secure schools “accepts that it governs without legitimacy.”
Her post ended with a pointed conclusion: “Enough said.”

21/11/2025

Bandits Strike Again: Students, Staff Abducted in Deadly Raid on Niger Catholic School

A wave of fear swept through Niger State late last night as armed bandits stormed a Catholic school, abducting several students and staff. The attackers reportedly invaded the premises in the early hours, firing into the air and causing panic before whisking their victims away. Security agencies have launched a manhunt, while families plead for swift intervention.

Naira Day NG

04/12/2025

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