Nigeria’s External Reserves add $244m in seven days to cross $40bn
Nigeria’s external reserves increased by $244 million ( $244,727, 958) from $39,832,802,155 on November 1, to $40,077,530,113 on November 7. The external reserves stood at $39.07 billion as of September 19, 2024, an increase of 17.4 percent compared with US$33.28 billion in the corresponding period of 2023. That was 8 months of import cover for…
Texas Tech Freeze: Governor Abbott Halts New H1B Applications Pending Fraud Investigation
In a move that has sent shockwaves through the “Silicon Hills” of Austin and the broader American tech industry, Texas Governor Greg Abbott announced an immediate freeze on all new H1B visa applications within the state. The executive order, signed on February 2, 2026, suspends the processing of new foreign worker certifications until a comprehensive…
Carlos Alcaraz Completes Career Grand Slam with Australian Open Triumph
On the night of February 1, 2026, the Rod Laver Arena bore witness to a piece of sporting history that many believed would take a generation to replicate. At just 22 years old, Carlos Alcaraz defeated the legendary Novak Djokovic in a grueling five-set thriller to claim his first Australian Open title, officially becoming the…
Amapiano 1, Afrobeats 0: Tyla’s Grammy Win Sparks Heated Debate Across Nigeria
The 68th Annual Grammy Awards, held on the night of February 1, 2026, was supposed to be a night of coronation for Nigerian music. With the global explosion of Afrobeats reaching unprecedented heights over the last year, fans from Lagos to London were prepared to see a “Green-White-Green” sweep of the Best African Music Performance category. Instead,…
Nigerian Army Neutralizes Top Boko Haram Commander in High-Stakes Raid
In a significant victory for Nigeria’s counter-insurgency efforts, the Nigerian Army confirmed on February 1, 2026, the successful neutralization of a high-ranking Boko Haram commander during a daring night operation in the heart of Borno State. The operation, which also resulted in the death of ten other insurgents, is being hailed as one of the…
A $46 Billion Bulwark: Nigeria’s Foreign Reserves Hit 7-Year High as Economic Reforms Gain Momentum
In a week that has already seen Nigeria projected to become Africa’s largest economy, a fresh set of data from the Central Bank of Nigeria (CBN) has provided the “hard math” to back up the optimism. On January 27, 2026, the CBN confirmed that Nigeria’s gross foreign exchange reserves have surged to $46 billion—the highest level…
The Kano Earthquake: Governor Abba Yusuf Dumps NNPP as APC Rolls Out the Red Carpet
In a move that has sent shockwaves through the Nigerian political landscape, the Governor of Kano State, Abba Kabir Yusuf—popularly known as “Abba Gida-Gida”—formally announced his resignation from the New Nigeria People’s Party (NNPP) on January 27, 2026. This exit marks a seismic shift in the politics of Northern Nigeria and signals the potential end…
IMF Projects Nigeria Will Overtake South Africa as Africa’s Economic Powerhouse in 2026
The narrative of “Africa Rising” has found a new focal point this week, and it is centered squarely on Nigeria. In a landmark report released on February 1, 2026, the International Monetary Fund (IMF) delivered a projection that has sent shockwaves through the continent’s financial hubs: Nigeria is officially on track to overtake South Africa…
The Week of Darkness: Nigeria’s National Grid Collapsed Twice in 72 Hours
For the average Nigerian, the hum of a generator is a familiar, albeit frustrating, background noise. However, during the week of January 27 to February 2, 2026, that hum became a desperate roar as the national power grid suffered a catastrophic double failure, leaving a nation of over 200 million people in total darkness twice…
Paystack Co-Founder Ezra Olubi Suspended Amid Allegations of Abuse and Misconduct
Ezra Olubi, the co-founder and Chief Technology Officer of African fintech giant Paystack, has been suspended from all duties following a firestorm of allegations of sexual misconduct, emotional abuse, and the resurfacing of a trove of disturbing past social media posts. The company, owned by U.S. payments leader Stripe, announced the suspension on Friday, November…
Wike in Heated Showdown with Military Officers Over Disputed Abuja Land
A tense and widely circulated confrontation erupted in Abuja on Tuesday between the Minister of the Federal Capital Territory (FCT), Nyesom Wike, and armed military personnel over a disputed parcel of land, bringing the minister’s campaign against illegal developments to a dramatic head. The incident, captured in a viral video, occurred on November 11, 2025,…
