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Welcome to NowNowNaija! Get ready for a festive December like no other as Nigerian Breweries launches a nationwide Christmas celebration. Discover how this grand event will light up cities and bring communities together.

TOP STORY

Nigerian Breweries Launches 'A Legendary Christmas' Nationwide

Nigerian Breweries Plc has kicked off its 2025 Christmas campaign called ‘A Legendary Christmas,’ marking the start of Detty December festivities. The celebration will light up six cities with extensive street lighting and bring exciting events through seven of its popular beer brands.

This campaign means a vibrant December for communities across Nigeria, with illuminated streets stretching over 13 kilometers that enrich festive moods city-wide. Families and nightlife enthusiasts alike will enjoy diverse experiences, from family-friendly events to energetic cultural showcases. With an estimated economic impact of over ₦100 billion, this celebration supports local businesses and creates entertainment hubs, making your city a lively hotspot during the holiday season.

Source: The Nation Newspaper
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Market Trends at a Glance

USD/NGN

1446.92

▼ 0.05%

GBP/NGN

1929.05

▼ 0.20%

EUR/NGN

1684.32

▲ 0.05%

Gold - Oz ($)

4227.70

▲ 0.38%

Brent Oil ($)

63.42

▲ 0.25%

BTC-USD

89731.41

▼ 2.62%

ETH-USD

3038.39

▼ 3.06%

USDT-USD

1.00

▼ 0.01%

BNB-USD

884.91

▼ 1.68%

SOL-USD

133.27

▼ 4.13%

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

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Politics and Economy

Rivers Lawmakers' Defection Sparks Political Turmoil

Seventeen lawmakers in Rivers State, led by the Speaker Martins Amaewhule, have defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Governor Siminalayi Fubara has not commented, while Minister Nyesom Wike insists he remains with PDP. The lawmakers cited deep divisions within the PDP as the reason for their move.

This defection could deepen political instability in Rivers State, affecting governance and local development. For communities relying on state leadership, the rift may delay approvals like commissioner appointments, which are crucial to running government efficiently. It signals shifting loyalties that might influence upcoming elections and the balance of power, impacting daily political and economic affairs. Citizens should stay informed as these changes could affect regional budgets and public services.

Source: This Day Live
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What else is happening:

  • Stakeholders are urging lawmakers to pass the Special Seats Bill to secure constitutionally guaranteed seats and boost women's political representation nationwide.

  • Muslim Rights Concern warns that a perceived US push to outlaw Shari’ah law would polarise communities and threaten fragile national cohesion if tensions escalate.

Tech and Business

Glo Launches Nationwide Faster, Greener Network

Globacom has significantly upgraded its network across Nigeria by acquiring new spectrum and expanding LTE sites. The enhancements boost speed, coverage, and reliability, enabling millions to connect seamlessly for streaming, work, and communications. The company also improved its fiber backbone and adopted greener power solutions to support this growth sustainably.

This network upgrade means you can enjoy smoother video calls, faster downloads, and uninterrupted banking transactions across cities and rural areas alike. More LTE sites and stronger fiber connections reduce common frustrations like dropped calls and slow loads, making daily digital activities easier. Glo’s shift to hybrid power also promises better service stability with less environmental impact, supporting Nigeria’s digital economy as it grows.

Source: Tribune
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FG to Review Capital Gains Tax in New Policy

The Nigerian government is set to reassess the new Capital Gains Tax (CGT) law following concerns from investors and the public. The National Tax Policy Implementation Committee pledged a fair and transparent process, promising wide consultations before the January 2026 rollout. The CGT change would increase levies on Nigerian shares but consultations may lead to adjustments.

This review means you could see changes in how capital gains tax affects your investments, especially on stocks. The government aims to avoid disrupting markets or unfairly taxing individual accounts, so ongoing consultation might ease current investor worries. For Nigerians and foreign investors alike, this approach could protect your portfolio value and maintain confidence in the stock market amid new tax rules expected early next year.

Source: This Day Live
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What else is happening:

  • Dr. Onyinye Asogwa is promoting human-centred AI learning designs that could transform STEM education by improving adaptive curricula and teacher training nationwide.

  • The MOL x SYMS partnership will fuse lifestyle and devices, boosting local manufacturing, brand visibility, and youth consumer engagement across Nigeria.

  • A new Sophos ransomware report warns manufacturers are stopping encryptions but facing rising data theft and extortion-only campaigns that threaten supply chains.

Entertainment and Culture

Wizkid’s G.O.A.T Concert Set to Electrify TBS

Afrobeats superstar Wizkid will headline the highly anticipated Greatest Of All Time (G.O.A.T) Experience Concert at Tafawa Balewa Square on December 28. The show promises an unforgettable night of music, culture, and energetic performances marking his journey from local star to global icon.

This concert is a major cultural event for Lagos and fans across Nigeria, offering a rare chance to see Wizkid reconnect with the city that shaped his career. It will also boost local entertainment and tourism during the festive season. For music lovers and concertgoers, it means an exciting, immersive live experience packed with hits and surprises, celebrating one of Africa's biggest musical exports.

Source: The Guardian
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The Social Feed:

  • Filmmaker Femi Adebayo is reinventing Nollywood with big-budget epics and international ambitions, reshaping industry standards and audience expectations.

  • Rising star Ekunrawo teams with Tanzanian sensation Jux to release a new Afro-R&B single expected to expand cross-border streaming and fan reach.

Sports

CitySports Launches 1000 Boots Project for Youth

CitySports Foundation has started the 1000 Boots Project in Lagos to support young footballers across Nigeria and Africa. This initiative provides quality football boots, leadership training, and sports development opportunities for underserved children. The first event is scheduled for December 23, 2025, at the National Stadium in Lagos, featuring more than 2,000 participants and a community AFCON game viewing.

This project directly benefits young aspiring footballers by giving them essential equipment and leadership skills, boosting their confidence and sense of dignity. It also creates a supportive community space where youth can connect, develop talents, and access mentorship. For families and local communities, it means more organized opportunities for children to engage positively in sports, promoting healthy lifestyles and future career paths within football. The initiative aligns with a broader vision to empower millions of youth across Africa by 2035, inspiring hope and progress through sports.

Source: The Guardian
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Sports Spotlight:

  • Rising lightweight Saddam’s trash talk has intensified interest ahead of GOtv Boxing Night 34, boosting local boxing excitement and ticket demand.

  • William Troost-Ekong says failing to win the AFCON Trophy remains his biggest regret as he reflects on international retirement.

  • Supporters have rallied online urging Victor Osimhen to become the next Super Eagles' leader, fueling the Eagles' captain debate.

Quote of the Day

Alone, we can do so little; together, we can do so much. — Helen Keller

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