Tag: Nigeria

  • U-20 AFCON: Nigeria defeat Senegal to reach semi-finals

    U-20 AFCON: Nigeria defeat Senegal to reach semi-finals

    Nigeria held their nerve to secure a place in the semi-finals of the CAF U-20 Africa Cup of Nations in Egypt, defeating defending champions Senegal 3-1 on penalties.

    NAN reports that this was after a goalless draw in regulation and extra time at the Suez Canal Stadium on Monday.

    The West African giants renewed their fierce rivalry in a tense quarter-final that saw both sides create scoring chances, but ultimately fail to break the deadlock in 120 minutes of pulsating action.

    The Flying Eagles, unbeaten in the group stages, maintained their composure in the shootout with spot kicks expertly converted by Precious Benjamin, Emmanuel Chukwu and Israel Ayuma.

    Senegal, by contrast, faltered under pressure — Pierre Dorival’s, effort was saved, while Mame Mor Faye’s was denied, and Ousmane Konaté crashed his attempt off the crossbar.

    Seydi Diouck netted Senegal’s only penalty, but it was not enough to prevent the reigning champions from exiting the tournament.

    The result marks Nigeria’s eighth successive quarter-final win at the U-20 AFCON under the current format.

    They now advance to the semi-finals, where they will look to maintain their record of never losing a semi-final tie in this competition.

    Despite the final scoreline, both sides had moments where they could have clinched victory in open play.

    Nigeria’s Kparobo Arierhi and Divine Oliseh each forced saves from Senegal keeper Mouhamed Sissokho, while Senegal’s Cheikh Thiam came agonisingly close in the 42nd minute with a header that rattled the post.

    As the match wore on, fatigue set in but the determination from both camps never wavered.

    Nigeria’s tactical substitutions — including the introduction of Precious Benjamin and Rickson Mendos — added attacking impetus late on.

    Senegal, on their part, reshuffled to find a breakthrough with the likes of Seydi Diouck and Mame Mor Faye.

    Extra time saw Nigeria press with renewed energy.

    Tahir Maigana’s curling strike in the 106th minute drew a fine stop from Sissokho, while Israel Ayuma’s long-range effort two minutes later also required intervention.

    Yet, despite Nigeria’s dominance in the closing stages, the deadlock remained.

    Nigeria’s goalkeeper Ebenezer Harcourt, who had gone largely untested in the shootout, emerged as a quiet hero.

    His save against Mame Mor Faye’s spot kick proved pivotal in tilting the balance.

    Senegal, who came into the tie with a strong defensive record and ambitions to retain their crown, were ultimately undone by Nigeria’s discipline and precision in the decisive moments.

    The result also marked their first loss in a knockout match since 2017.

    In a post-match interview, Nigeria head coach Aliyu Zubairu praised his side’s resilience.

    “We prepared for all scenarios, including penalties.

    “I’m proud of the boys for executing under pressure,” he said.

    With this result, Nigeria also earned a spot in the U-20 World Cup, scheduled for Chile from Sept. 27 to Oct. 19.

    With this result, Nigeria move one step closer to a record-extending eighth U20 AFCON title, while Senegal will now reflect on what could have been after a hard-fought campaign.

    The victory also earned Nigeria a spot in the U-20 World Cup slated for Sept. 27 to Oct. 19. in Chile.

    The four semi-finalists from the on-going U-20 AFCON automatically qualifies to represent Africa at the FIFA U-20 World Cup in Chile.

  • Russia prepared to provide military assistance to Nigeria – DHQ

    Russia prepared to provide military assistance to Nigeria – DHQ

    The Minister of Defence of the Russian Federation, Andrey Belousov, has expressed the preparedness of Russia to provide the necessary military assistance to the Armed Forces of Nigeria.

    Belousov gave the assurance when the Chief of Defence Staff of Nigeria (CDS), Gen. Christopher Musa, paid him a courtesy visit in Moscow.

    This is contained in a statement by the Director, Defence Information, Brig.-Gen. Tukur Gusau, on Monday in Abuja.

    Gusau said the visit was aimed at reiterating Nigeria’s solidarity with the Federation on its 80th Victory Day Commemoration, in honour of Russian heroes who paid the ultimate price during World War II.

    He added that the visit was highly rewarding, as it enabled the CDS to reaffirm Nigeria’s commitment to military cooperation with the Russian Federation.

    According to him, it also provided an opportunity for the CDS to outline the operational needs of the Nigerian armed forces, which Russia could potentially support.

    “The Russian Defence Minister expressed appreciation for the visit and noted that, in line with the Military Technical cooperation, Russia was prepared to provide the necessary military assistance to the Armed Forces of Nigeria.

    “He also stated the outcomes of subsequent engagements, such as the meeting of the Intergovernmental Working Group and the Armed Forces of Nigeria,” Gusau said.

  • World Bank delivers verdict on Nigeria’s economy

    World Bank delivers verdict on Nigeria’s economy

    The World Bank says Nigeria’s economy is showing strong signs of improvement, thanks to the country’s commitment to far-reaching economic reforms.

    Taimur Samad, the Bank’s Acting Country Director for Nigeria, made the remark on Monday in Abuja while presenting the latest Nigeria Development Update (NDU) report titled “Building Momentum for Inclusive Growth.”

    He said key indicators—such as a stabilised exchange rate, rising foreign reserves, and strengthened fiscal conditions—signal positive progress.

    According to Samad, improved fiscal conditions were largely driven by a sharp rise in federation revenues, contributing to a brighter economic outlook.

    He noted that Nigeria’s economy grew by 4.6% year-on-year in the last quarter of 2024, bringing full-year growth to 3.4%—the highest since 2014, excluding the 2021–2022 post-pandemic rebound.

    “Also, the fiscal deficit narrowed significantly, from 5.4% of GDP in 2023 to 3.0% in 2024,” he said.

    “Federation revenues nearly doubled, rising from N16.8 trillion (7.2% of GDP) in 2023 to an estimated N31.9 trillion (11.5% of GDP) in 2024.”

    However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the importance of the Central Bank of Nigeria maintaining tight monetary policies to stabilise the economy.

    He projected that, if current efforts are sustained, inflation could ease to just over 22% on average by 2025—a significant step forward.

    The report also stressed that sustaining macro-fiscal reforms will be key to unlocking private sector growth and job creation.

    “Nevertheless, it is clear that continued momentum and deeper reforms are essential to drive inclusive growth and expand economic opportunities,” Samad added.

    Alex Sienaert, the World Bank’s Lead Economist for Nigeria, called for prudent management of revenue gains from fuel subsidy removal and warned against overly optimistic budget assumptions for 2025.

    He urged an expansion of the targeted cash transfer programme to support vulnerable Nigerians.

    Sienaert outlined further steps for macroeconomic stability: reducing the cost of governance, accelerating growth, and prioritising a private sector-led, public sector-supported development model.

    He emphasised the need to close infrastructure gaps—particularly in electricity and transportation—create a more competitive business environment, improve access to finance, and boost productivity in key sectors.

    ~The Nigeria Development Update (NDU) is a biannual World Bank publication that analyses Nigeria’s economic and social trends and outlines key medium-term development challenges.

  • Nigeria fully repays $3.4bn IMF loan – Minister

    Nigeria fully repays $3.4bn IMF loan – Minister

    Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion dollars COVID loan from the International Monetary Fund (IMF).

    The Minister said this while briefing State House Correspondents after the sixth Federal Executive Council (FEC) meeting on Monday.

    Idris addressed some scepticism regarding the repayment, stating, “We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full.”

    He explained that the loan was taken during the COVID-19 period, before the current administration, but that President Bola Tinubu viewed government as a continuum and directed that the country exited the debt.

    Idris emphasised that the move demonstrated Nigeria’s seriousness and capacity to meet its debt obligations, signalling to investors both domestically and internationally that Nigeria was responsible in managing its finances.

    Additionally, Idris announced that FEC had directed the Bureau for Public Procurement (BPP) to communicate the new procurement threshold for goods and services to Ministries, Departments, and Agencies (MDAs).

    He noted that the threshold had been in place for a long time and contributed to the number of approvals required from the council.

    He also stated that the council had directed all MDAs, especially the Ministry of Works, to collaborate more with the private sector on infrastructure development.

    “The government is saying that there is an increasing need for private sector participation in our economic growth,” Idris added.

  • Visa delay: Nigeria withdraws from World Relays in China

    Visa delay: Nigeria withdraws from World Relays in China

    Nigeria has withdrawn from the 2025 World Relays scheduled to take place in Guangzhou, China, citing delays in the issuance of visas to its athletes.

    The Athletics Federation of Nigeria (AFN) in a statement on Friday blamed China’s visa process for the withdrawal.

    The federation regretted that despite beginning the application process in February, “the embassy delayed till a last-minute visa issuance” making it impossible for the team to participate in the event.

    “With deep regret, we, the AFN, announce our withdrawal from the World Relays following unacceptable visa delays by Chinese authorities.

    “ Despite our diligent efforts processing documentation since February, our athletes have faced numerous obstacles .

    “This includes embassy embarrassment to last-minute visa issuance that made competition attendance physically impossible.

     “The impact has been severe.

    “It has wasted training preparations, significant financial losses, lost qualification opportunities, and devastating psychological effects on our athletes,” AFN noted.

    The federation also lamented various documentation requested by the embassy noting that there were “poorly communicated”.

     “Chinese authorities frustrated our participation by claiming they didn’t have contact with their own Embassy in Washington and Abuja, also providing incorrect invitation letters and changing the application portal twice.

    “ Their requirement for a special “Verification Letter of Invitation” was poorly communicated and inconsistently applied while they demanded police reports and even bank statements from all participating athletes, coaches and officials.

     “We stand by our decision to withdraw as it became clear our team wouldn’t receive fair treatment or opportunity to compete,” the federation said.

    Team Nigeria comprising nine women and eight men, were scheduled to compete in four events: the men’s and women’s 4x100m, mixed 4x100m, and mixed 4x400m relays.

    The tournament is slated for Saturday and Sunday.

  • Democracy failing to meet yearnings of citizens, Nigerians tell leaders

    Democracy failing to meet yearnings of citizens, Nigerians tell leaders

    …task Tinubu, political class on building pro-people legacies

    … Renew call for restoration of democratic governance in Rivers

    Nigerians have continued to raise concerns over the shortcomings of democratic practice in Nigeria, citing persistent cases of lack of accountability by leaders, human rights abuses, repression, and the shutting down of dissenting voices.

    The alarm was raised by participants during a radio programme, PUBLIC CONSCIENCE, produced by the Progressive Impact Organization for Community Development, PRIMORG, on Wednesday in Abuja.

    The Acting Director General of Shehu Musa Yar’Adua Foundation, Amara Nwankpa, decried what he described as the “obvious decline of democracy in Nigeria over the years.” He added that the failure of leadership to provide the basic needs of the masses has widened the level of distrust and created a disconnect between politicians and citizens.

    Nwankpa admonished the current crop of leaders to strive to make people-centred legacies, warning that they’ll be remembered by their works as power is transient.

    He tasked the judiciary with living up to their constitutional responsibilities, urging the National Judicial Institute (NJI) to take a very close look at the judiciary for reforms that will increase public trust in the third tier of government.

    “Afrobarometer has been measuring the satisfaction of democracy in Nigeria, and we have seen a decline in Nigeria from 86 percent in 2000, and now the latest survey shows that only 21 percent of Nigerians are satisfied with the performance of democracy in Nigeria.

    “When citizens look at what affects them the most, for instance, we are currently dealing with the high cost of living, very serious economic conditions, rising poverty, economic hardship, and citizens will expect that politicians should prioritize the things that most affect them. These are the kinds of soft sentimental issues that affect the confidence that citizens have in the democratic process.

    “Let me remind people in power that while they might be in charge of today, the citizens are in charge of the future. They should think about legacy. What they have is a legacy, and how Nigerians remember their time. So give us a good memory, give us something good to remember about you,” he asserted.

    On his part, the Executive Director of Alliance for Inclusive Development, AidAfrica, James Ugochukwu, stressed that Nigeria’s democracy remains immature against the expectations upon transition to civil rule.

    Ugochukwu faulted the manner in which democracy is practiced today, which he decried as flawed by electoral corruption involving vote trading, violence, rigging, and results manipulation. He lamented that in most cases, candidates emerge by undemocratic means other than following due process.

    “I can’t say our democracy has matured the way it’s supposed to be, given the kind of hope we were given when transitioning to democracy in 1999.

    “What we are having over time is ‘electocracy and selectocracy’ where the citizens are not made to recruit their leaders the way it’s meant to be.

    “From the primaries, the political parties select who they like through a flawed process and they push them to the citizens to choose, so we can’t actually say this is true democracy because in the primaries we have cases of vote buying in dollars, and at the end of the day somebody is picked, and it always ends in litigation.”

    Ugochukwu called on President Bola Tinubu to harken to the voices of Nigerians urging for the restoration of democratic governance in Rivers State, describing the declaration of a state of emergency in the oil-rich state in the first place as an aberration and a political decision rather than addressing the issues.

    He urged citizens not to grow weary in speaking out and demanding accountability while tasking the government to do its best to ensure democracy is further entrenched in the country.

    “To make democracy work it involves both the citizens and the government. The citizens should keep speaking up and holding the government accountable because if they don’t things will get worse than this,” Ugochukwu warned.

    Programme Coordinator, Social Development Integrated Centre, Isaac Botti while describing the democratic practice as “far from satisfactory”, blamed past and present leaders for not upholding the rule of law, low accountability, and intolerance of public criticisms.

    Botti maintained that citizens are facing hunger, poverty, human rights abuses, and repressions are creating grounds for disbelief in democracy.

    He asked the government of the day to be fair and respect the will of the populace while joining calls for the reinstatement of the suspended Governor Siminalayi Fubara of Rivers State and other elected officials immediately.

    “The government should respect the people and take another look at the Rivers decision. They should lead by the same instrument that got them into power. They should recognize that they did not get there on their own accord even though we all know that sometimes things are manipulated but then people still play a significant role. People should be respected and their will should not be subverted.

    “There are principles, and tenets that guide the practice of democracy in any clime and if you put some of these benchmark them against the reality of democracy in Nigeria, then it may justify the low rate of satisfaction we are having.

    “Oxfam report shows that between 2023 and now we have fewer rich people and more poorer people. There are over 133 million Nigerians in multi-dimensional poverty at the moment and this goes to tell you that democracy is not benefitting the people,” Botti said.

    Public Conscience is a syndicated weekly anti-corruption radio program, PRIMORG, that draws the government’s and citizens’ attention to corruption and integrity issues in Nigeria.

    The program runs in partnership with the MacArthur Foundation.

  • U-20 AFCON: Nigeria through to knockout stage after Kenya draw

    U-20 AFCON: Nigeria through to knockout stage after Kenya draw

    Nigeria booked their place in the quarter-finals of the CAF U20 Africa Cup of Nations (AFCON) with a hard-fought 2-2 draw against Kenya at the 30 June Stadium in Cairo on Wednesday.

    The result, coupled with Morocco’s 3-1 win over Tunisia in the simultaneous Group B fixture, means Nigeria finish second in the group with five points.

    While Kenya exit the tournament with just one point from three matches.

    Despite already being eliminated before kick-off, Kenya put up a spirited performance and twice took the lead, only to be pegged back each time by the more experienced Nigerians.

    Kevin Injehu gave the East Africans a dream start when he calmly slotted home a sixth-minute penalty.

    This was after Emmanuel Chukwu was penalised for a handball inside the box following a VAR review.

    Nigeria responded swiftly, and Kparobo Arierhi restored parity in the 13th minute with a composed finish from close range after latching onto Simon Cletus’ through ball.

    Both sides continued to create chances, and Kenya stunned the Nigerians again midway through the second half.

    This was when substitute William Gitama finished off a well-worked set-piece in the 68th minute to make it 2-1.

    But their joy was short-lived. Just five minutes later, captain Daniel Bameyi converted a penalty after Rickson Mendos was fouled in the area by Lawrence Ouma, drawing Nigeria level once more.

    Nigeria pushed for a winner in the closing stages, with Divine Oliseh and Tahir Maigana both going close, but Kenya’s defence held firm.

    The Flying Eagles who had kept two clean sheets in their previous games, were made to work harder than expected by a Kenyan side that showed attacking intent throughout the match.

    Kenya’s exit is confirmed after picking up only one point from three games, despite scoring in all three matches.

    With the group stage now concluded, Morocco top Group B with seven points, followed by Nigeria (5), Tunisia (3), and Kenya (1).

    Nigeria will now shift focus to the quarter-finals, where they will face a yet-to-be-confirmed opponent from another group.

    Group B Final Standings

    Pos. Team     MP     W

    1    Morocco   3       2

    2   Nigeria      3        1

    3   Tunisia      3        1

    4.  Kenya        3       0

  • Nigerian stock market soars by N307bn as Investor confidence hits new high

    Nigerian stock market soars by N307bn as Investor confidence hits new high

    The Nigerian stock market witnessed a major upswing on Wednesday, recording a remarkable N307 billion gain as investor enthusiasm sparked a buying frenzy across key sectors.

    Market capitalisation climbed by 0.45%, rising to N68.412 trillion from the previous day’s N68.105 trillion, while the All-Share Index (ASI) jumped 488.73 points to close at 108,849.83 marking the fourth consecutive day of gains.

    This rally was largely driven by strong interest in blue-chip stocks, particularly in the banking and consumer goods sectors. Top performers included GTCO, Fidelity Bank, Zenith Bank, Nigerian Breweries, and Tantalizer, all of which saw significant upward momentum.

    Market breadth tilted heavily in favour of gainers, with 52 stocks appreciating compared to just 17 losers. FG142027S1 led the gainers’ chart with a 22.75% increase to close at N120.00. UPDCREIT and Meyer Plc each rose by 10%, ending at N6.60 and N8.80 respectively, while Beta Glass and The Initiates Plc also posted strong gains of nearly 10%.

    However, a few stocks bucked the trend. Deap Capital Management dropped 10% to N1.08, while Veritas Kapital Assurance fell by 9.09% to N1.00. Linkage Assurance and Africa Prudential also recorded notable declines.

    Trading activity remained robust, with a total of 587.47 million shares exchanged in 17,496 deals, valued at N18.66 billion significantly higher than the previous session’s 475.46 million shares worth N13.9 billion.

    Guaranty Trust Holding Company dominated the trading volume, accounting for 98.64 million shares worth N6.57 billion. Tantalizer, Fidelity Bank, Zenith Bank, and Nigerian Breweries also recorded heavy trading, underscoring strong investor participation.

    With market sentiment remaining highly positive, analysts suggest the ongoing rally could signal a longer-term uptrend as investor confidence deepens.

     

  • The deepening crisis: A look into growing malnutrition rates as Nigeria surpasses war-torn Sudan

    The deepening crisis: A look into growing malnutrition rates as Nigeria surpasses war-torn Sudan

    Malnutrition remains a severe public health and development issue in Africa, causing the deaths of millions of children under the age of five each year.

    Nigeria, unfortunately, has emerged as the nation with the highest number of malnourished children in Africa, surpassing even war-torn Sudan, and is now ranked second globally in this tragic development.

    Malnutrition is the condition that develops when the body is deprived of vitamins, minerals and other nutrients it needs to maintain healthy tissues and organ function.

    The United Nations Children’s Fund (UNICEF) reports that approximately 600,000 children in Nigeria suffer from acute malnutrition, with half of these children on the brink of developing severe acute malnutrition, placing them at high risk of death.

    This dire situation has made Nigeria the epicenter of child malnutrition on the African continent, according to UNICEF’s chief of the nutrition section, Nemat Hajeebhoy.

    Several factors are contributing to this alarming rise in malnutrition in Nigeria. First, widespread food insecurity remains a significant problem, particularly in regions like the North-East, where recurring conflicts and climate-induced challenges have disrupted food production.

    Additionally, poverty is rampant, with the World Bank’s Africa’s Pulse report showing that Nigeria accounts for 19% of Sub-Saharan Africa’s extremely poor population.

    Many families cannot afford to provide adequate food for their children, and limited access to nutritious foods further exacerbates the problem. Poor maternal health, inadequate breastfeeding practices, and lack of access to clean water and sanitation also play critical roles in this crisis.

    The World Food Programme (WFP) has highlighted that Nigeria is home to the highest number of food-insecure people in Africa. This crisis has been worsened by ongoing shortages of essential nutrition and the lack of adequate infrastructure to ensure food security.

    The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has requested $300 million to help address this pressing issue, targeting urgent needs like food insecurity, poor nutrition, and inadequate sanitation.

    With the World Bank predicting that even more Nigerians will be pushed into poverty by 2027, the situation is becoming increasingly dire. The Nigerian government must take swift and decisive action to address the root causes of malnutrition and food insecurity.

    While international organizations continue to mobilize resources, the government must prioritize sustainable solutions that include improving access to nutritious food, investing in maternal and child healthcare, and enhancing infrastructure for clean water and sanitation. Without immediate and long-term action, Nigeria risks condemning an entire generation to compromised health and a bleak future.

  • Nigeria rated second worldwide with two million malnourished children-UNICEF

    Nigeria rated second worldwide with two million malnourished children-UNICEF

    The United Nations Children’s Fund has said Nigeria now stands as the country with the highest burden of malnourished children in Africa.

    The international agency disclosed this on its website on Tuesday, adding that only two out of every 10 children affected currently have access to treatment.

    It said with an estimated two million children in Nigeria suffering from severe acute malnutrition, the world’s most populous black nation has the second-highest number of stunted children in the world.

    “Nigeria has the second highest burden of stunted children in the world, with a national prevalence rate of 32 percent of children under five.

    An estimated two million children in Nigeria suffer from severe acute malnutrition (SAM), but only two out of every 10 children affected is currently reached with treatment.

    “Seven percent of women of childbearing age also suffer from acute malnutrition,” it said.

    UNICEF described malnutrition as a direct or underlying cause of 45 percent of all deaths of under-five children.

    It explained that exclusive breastfeeding rates had not improved significantly over the past decade, with only 17 percent of babies being exclusively breastfed during their first six months of life.

    “Just 18 percent of children aged six to 23 months are fed the minimum acceptable diet,” it added.

    It further explained that states in northern Nigeria were the most affected by the two forms of malnutrition – stunting and wasting.

    It also said that high rates of malnutrition posed significant public health and development challenges for the country.

    UNICEF added, “Stunting, in addition to an increased risk of death, is also linked to poor cognitive development, a lowered performance in education and low productivity in adulthood – all contributing to economic losses estimated to account for as much as 11 percent of gross domestic product (GDP).

    “We aim to ensure that women, children and adolescents, particularly in vulnerable and deprived areas, benefit from increased access to and use of quality services and information to prevent and treat malnutrition, including in emergencies.​”