Welcome to NowNowNaija! A foiled coup rattles Nigeria’s military as markets slide, alliances shift with Turkey, telcos pour billions into networks, and culture clashes over legacy ignite debate—revealing a nation balancing security, growth, identity, and fragile confidence.
TOP STORY
Colonel Ma’aji Led Funding in Foiled Coup Plot

Colonel Mohammed Ma’aji has been identified as a key figure in a failed coup attempt against President Bola Tinubu’s government. Military investigators say he coordinated the plot and was responsible for transferring funds to co-conspirators. Since arrests began in late September 2025, 16 officers have been detained in connection with the case.
This story highlights ongoing security challenges within Nigeria’s military and government. For you, it means the leadership is actively addressing threats to stability, but also that the threat of unrest still exists. The reshuffling of top military leaders shows steps to restore order and confidence in the armed forces. Staying informed about these developments is important for understanding national security and its impact on daily life.
Source: Naija News
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Market Trends at a Glance
USD/NGN | 1382.67 | ▼ 0.81% |
GBP/NGN | 1902.52 | ▼ 1.31% |
EUR/NGN | 1647.97 | ▼ 1.21% |
Gold - Oz ($) | 5242.10 | ▼ 1.12% |
Brent Oil ($) | 68.47 | ▲ 0.10% |
BTC-USD | 82738.95 | ▼ 7.23% |
ETH-USD | 2745.95 | ▼ 8.67% |
USDT-USD | 1.00 | ▼ 0.05% |
BNB-USD | 846.93 | ▼ 6.04% |
SOL-USD | 114.56 | ▼ 8.44% |
Rates shown are as of 6:00 AM Lagos time.
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Politics and Economy
Nigeria and Turkey Forge Expansive Strategic Partnership

President Tinubu and Turkish President Erdoğan signed nine key bilateral agreements covering defense, education, media, and trade. These pacts aim to deepen cooperation through joint military training, academic partnerships, and economic integration via a new Joint Economic and Trade Committee (JETCO). Turkey has set a $5 billion trade volume goal with Nigeria, signaling a major shift in Nigeria’s foreign and economic relations.
This expanded partnership could bring new security capabilities and economic opportunities to Nigeria, helping address internal threats while diversifying trade beyond traditional partners. The deal’s success hinges on converting diplomatic agreements into tangible benefits like improved security infrastructure and job creation. For Nigerians, this means potential growth in industries linked to these sectors and exposure to new markets, but also a need to balance foreign partnerships with national autonomy carefully.
Source: The Nation Newspaper
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What else is happening:
Peter Obi calls on youth to take responsibility for their future while pledging ₦30 million support to Dominican University in Ibadan, highlighting the importance of education and youth empowerment.
A Federal High Court in Abuja grants Yahaya Bello permission to travel for Umrah in Makkah despite facing allegations of N80.2 billion fraud, raising questions about legal privileges and accountability.
A coalition of Muslim women organisations urges authorities to enforce constitutional rights and end discrimination against hijab-wearing women after numerous hijab rights violations in schools, airports, and other public institutions.
Tech and Business
Telcos to Invest N1.4tn for Network Expansion

Nigerian telecom operators plan to increase their spending beyond N1.4 trillion in 2026 to expand network coverage and capacity nationwide. This investment follows over 2,850 new network sites deployed in 2025, boosting city and rural connectivity and supporting 5G rollout. The Nigerian Communications Commission reports steady improvements in download speeds and network performance as a result.
This surge in investment means better and more reliable mobile and internet services for millions of Nigerians, especially outside urban centers. With faster speeds and wider coverage, you can expect improved access to online education, business opportunities, and digital communication. The focus on closing rural gaps will help reduce inequalities in connectivity, making smartphones and data more useful across the country. However, some challenges like uneven 5G access remain, so continued funding and regulatory efforts will be crucial throughout 2026.
Source: Punch
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Nigeria’s External Reserves Set to Reach $51 Billion

Nigeria’s external reserves recently crossed $46 billion, marking the highest level in eight years. This growth is driven by stronger foreign exchange inflows, higher oil revenues, and renewed investor confidence following forex reforms by the Central Bank of Nigeria (CBN). Experts predict reserves could hit $51 billion by the end of 2026, bolstered by multiple currency inflow channels and improved currency stability.
For you, this steady build-up in reserves means better protection for the naira’s value and greater economic stability. It lowers the risk of sudden currency shocks and helps reduce costs on imported goods. The sustained growth supports job security and could ease inflation as local refining increases, cutting reliance on imports. Investors are gaining confidence, potentially leading to more opportunities and a healthier financial sector in Nigeria.
Source: The Nation Newspaper
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What else is happening:
The Federal Government approves a ₦1 trillion Kano Metropolitan Rail Service, aiming to transform urban mobility and stimulate development in one of Nigeria's largest cities.
Lagos State partners with MTN for the Obalende park project, engaging stakeholders to create a world-class PPP transport hub designed to ease daily commuting challenges.
Entertainment and Culture
Fela, Wizkid Clash Reveals Legacy’s Complex Burden

The recent public feud between Seun Kuti and Wizkid highlights the challenges of managing cultural legacy across generations. Seun criticized comparisons between his father Fela Kuti, a political Afrobeat icon, and Wizkid, a global Afrobeats star. This clash goes beyond ego, touching on the different contexts and meanings of greatness in Nigerian music history.
This dispute affects how you see Nigeria’s musical heritage and cultural identity. It shows the tension between honoring past icons like Fela while embracing modern stars like Wizkid who shape Afrobeats today. For younger Nigerians, it raises questions about respecting history without limiting innovation. The debate also reminds us that legacy is more than fame — it carries responsibility and demands careful stewardship. Understanding these dynamics can deepen your appreciation of Nigeria’s evolving music scene.
Source: Punch
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The Social Feed:
Judith Audu Productions collaborates with multiple studios to introduce the new musical film EVI, featuring a compelling cast and bringing renewed attention to Nigerian storytelling and cinema.
Airo Uche recently hosted an experience session for his new single, uniting music, nature, and community at Grillz by Waterside and sparking conversations around innovative performance events.
⚽ Sports
Pinnick Confident Nigeria Would Make 2026 World Cup

Amaju Pinnick, former Nigeria Football Federation president, claims the Super Eagles would have qualified for the 2026 FIFA World Cup if he were still leading Nigerian football. He reflected on Nigeria's success in qualifying for 2018 and expressed surprise over missing the 2022 tournament despite the expanded African slots for the 2026 event.
This statement speaks to Nigerian fans and communities who have felt the sting of missing recent World Cup participation. Pinnick’s confidence highlights ongoing hopes for Nigerian football’s resurgence and qualification prospects going forward, which could boost national pride and inspire youth engagement in the sport. His reflections also underline the importance of strong leadership in securing Nigeria’s competitive place globally.
Source: Punch
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Sports Spotlight:
Zamfara State shows renewed commitment to sports as Governor Lawal meets Super Eagles coach Éric Chelle, emphasizing youth engagement and new stadium plans that could boost local development.
Nigerian striker Terem Moffi secures a high-profile loan move to Porto from Nice, offering him a fresh opportunity in European football with an option to buy at the end of the season.
Nigeria’s national handball team, the Golden Arrows, keeps World Cup qualification hopes alive after edging out Guinea 30-28, setting up a critical showdown for the 2027 IHF tournament.
Quote of the Day
“No one can fight corruption for Nigerians except Nigerians. Everyone has to be committed from the top to the bottom to fight it.”
— Ngozi Okonjo‑Iweala

