Welcome to NowNowNaija! A major court ruling targets properties linked to a former justice minister, underlining Nigeria's fight against corruption.

TOP STORY

The Federal High Court in Abuja has ordered the interim forfeiture of 57 properties linked to Abubakar Malami, Nigeria’s former Minister of Justice, suspecting them as proceeds of unlawful activities. The assets, worth over N231 billion, are spread across Abuja, Kebbi, Kano, and Kaduna States. Malami's team has expressed concerns about plans to rearrest him shortly after bail is granted.

This ruling signals increased government efforts to recover ill-gotten gains and uphold accountability at high levels. For everyday Nigerians, it reflects a tightening grip on corruption that could promote fairer governance. However, the tension over Malami's potential rearrest raises questions about judicial process and citizens' rights that may impact public trust. Keeping a close watch on how authorities handle this case will be important for justice and legal integrity.

Source: Leadership
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Rates shown are as of 6:00 AM Lagos time.

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Two weeks after US airstrikes targeted an Islamist group in north-west Nigeria, uncertainties persist about the specific group hit and the operation’s effects. The strikes focused on Lakurawa, a local militant group enforcing strict sharia, but the number of casualties and broader outcomes remain unclear.

This military action highlights ongoing security challenges in Nigeria, especially in areas where government presence is weak. For many Nigerians, it underscores the fragility of local safety and the complexity of conflicts involving various armed groups. The strikes may have limited direct impact on daily life but reflect the persistent governance gaps that allow militant groups to thrive. It also signals potential shifts in how external forces engage with Nigeria’s security issues, affecting regional stability.

Source: The Guardian
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What else is happening:

A new Boston Consulting Group report shows that AI-driven cyberattacks are hitting African companies hard, but many struggle to upgrade defenses quickly enough. Nearly 60% of businesses faced AI-powered attacks last year, yet few have deployed strong AI-enabled security tools or increased budgets for protection.

This growing gap means your company or institution could be vulnerable to sophisticated cyber threats like deepfake fraud and AI-enhanced ransomware. Without stronger AI defenses and more cybersecurity talent, critical services—especially in healthcare and government—face increased disruption and financial losses. The report urges businesses to prioritize AI-powered security and for leaders to make cybersecurity a board-level focus to better protect your data and systems.

Source: This Day Live
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Mediterranean Shipping Company (MSC), the largest shipping firm serving Nigerian ports, has increased its local import fees starting January 2026. Fees for 20-foot containers rose from ₦45,000 to ₦58,500 and for 40-foot containers from ₦72,000 to ₦93,600, alongside higher port charges. Importers warn these hikes will push prices up for Nigerian consumers and disrupt import planning.

This increase means imported goods could become more expensive, affecting everyday products like electronics, food, and clothing. Nigerian households may see higher retail prices as importers now pay more in shipping and port fees. Businesses relying on timely shipments may face delays and rising costs due to longer container stays and additional charges. The changes could also slow down import processing, making some shipments vulnerable to abandonment or auction. Overall, this puts extra financial pressure on consumers already managing inflation and cash flow challenges.

Source: Business News Nigeria
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What else is happening:

Lagos welcomed 16 top African artists for the 9th All Africa Music Awards, a week-long event celebrating music excellence. The event features concerts, live broadcasts, and industry gatherings across the city, emphasizing culture’s economic role.

This event puts Lagos at the heart of Africa's vibrant music scene, creating opportunities for artists, producers, and creative entrepreneurs. For residents and visitors, it means a boost in tourism and entertainment options, plus new jobs in the creative sector. The focus on culture as a growth driver highlights how music and arts can contribute to economic development and youth empowerment in Nigeria.

Source: The Guardian
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The Social Feed:

Algeria’s coach Vladimir Petkovic is gearing up for a challenging quarter-final against Nigeria in the 2025 Africa Cup of Nations. Both teams topped their groups, with Nigeria showing the tournament's strongest attack and Algeria boasting the best defense. The match is set for Stade de Marrakech and promises intense competition.

This quarter-final match will bring pride and excitement to Nigerian football fans and communities, highlighting the Super Eagles’ powerful offense. You can expect a thrilling game that reflects Nigeria’s status as a top African football nation. The outcome could inspire young players nationwide, while stirring local support and boosting national morale. Prepare for a nail-biting event that unites fans around the sport and raises the stakes for future tournaments.

Source: The Nation Newspaper
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Sports Spotlight:

Quote of the Day

“No society can remain free unless the rule of law is respected.”

— Muhammadu Buhari