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Welcome to NowNowNaija — Today’s briefing covers rising insecurity in Northern Nigeria, shifts in markets and regulation, key political undercurrents, tech and business developments, and the cultural and sporting moments shaping the national conversation.

TOP STORY

Northern Leaders Urged to End Worsening Insecurity

The Rebuild Arewa Initiative for Development (RAID) has called on Northern Nigeria’s leaders to act immediately against escalating insecurity. At a Sardauna Memorial Day event, RAID highlighted that denial and piecemeal responses have failed to address the crisis effectively.

This growing insecurity directly affects your safety, community stability, and economic prospects in Northern Nigeria. Without decisive leadership, the violence and unrest could disrupt daily life and stall development efforts. The group’s call signals this issue must be a top priority, urging action to restore peace and security that benefits everyone in the region.

Source: Leadership
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Market Trends at a Glance

USD/NGN

1416.16

▼ 0.39%

GBP/NGN

1895.16

▼ 0.85%

EUR/NGN

1643.06

▼ 0.70%

Gold - Oz ($)

4601.10

▼ 0.33%

Brent Oil ($)

64.01

▲ 0.39%

BTC-USD

95250.98

▼ 0.31%

ETH-USD

3289.99

▼ 0.82%

USDT-USD

1.00

▼ 0.01%

BNB-USD

938.02

▲ 0.77%

SOL-USD

143.91

▲ 1.11%

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

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Politics and Economy

Unhealed Scars From Nigeria’s 1966 Coup Shape Politics

On January 15, 1966, a military coup led to the deaths of key northern Nigerian leaders and officers, deeply impacting the country's political landscape. This event is seen as the root of ongoing mistrust, regional tensions, and rivalries that have shaped Nigeria's history, including the civil war and state reorganization.

The effects of the 1966 coup still ripple through Nigeria’s politics today, influencing how communities interact and trust each other. For many, the memories remain vivid, especially for families of the victims like those of Lt Col James Yakubu Pam and Sir Ahmadu Bello. Understanding this history helps explain current regional divisions and political challenges, reminding Nigerians why reconciliation efforts continue to be vital for national unity.

Source: Daily Trust
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What else is happening:

  • Political debates intensify after the recent Kano realignment, as local figures and parties in the state scramble to redefine allegiances ahead of looming political contests.

  • The Lagos APC describes the recent defection of Atiku’s son as a political earthquake, signaling shifting alliances that could impact the party’s strategy in future elections.

Tech and Business

Galaxy Backbone Marks 20 Years Driving Nigeria’s Digital Growth

Galaxy Backbone Limited, the Federal Government’s main ICT infrastructure provider, is celebrating 20 years of supporting Nigeria’s digital transformation. Since 2006, it has built key platforms enabling government agencies to shift from paper-based to integrated digital systems. The anniversary in June 2026 highlights Galaxy Backbone’s role in enhancing government efficiency, connectivity, and public service delivery nationwide.

This milestone means the government is better connected and technology-driven, which can improve how you receive public services. Expanded data centers, secure connections, and cloud platforms powered by Galaxy Backbone support thousands of users across Nigeria, making processes faster and more transparent. Going forward, investments in infrastructure and cybersecurity promise more reliable digital access, helping businesses, officials, and citizens benefit from a smarter, more efficient public sector.

Source: Leadership
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SEC Raises Capital Requirements for Market Operators

The Securities and Exchange Commission (SEC) has revised minimum capital thresholds for various capital market operators, including fintech firms and virtual asset providers, with a compliance deadline set for June 2027. Key increases include broker-dealers’ capital rising from N300 million to N2 billion and issuing houses with underwriting now requiring N7 billion.

This update means capital market players must significantly boost their financial cushions by mid-2027 to continue operating. For investors, this could increase market stability and reduce risks of sudden failures. Smaller firms may need to merge or seek partnerships to meet the new standards, likely reshaping Nigeria’s financial sector landscape. The move aims to foster liquidity, deepen the market, and align with Nigeria’s broader economic growth goals.

Source: This Day LIve
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What else is happening:

  • The Otovwodo Flyover project in Ughelli, Delta State, is showcased as proof of Julius Berger Nigeria’s leadership in engineering capacity and impact on local infrastructure advancement.

  • Oriiz Onuwaje examines the intersection of Nigeria's sculptural heritage and artificial intelligence systems through Ifè portraits, exploring political narratives and cultural dimensions in digital representation.

  • NCC’s regulatory approach is shaping Nigeria’s digital economy, focusing especially on competition and consistent innovation in the telecom sector featuring the influence of Globacom.

Entertainment and Culture

Wizkid and Asake Unite on New Single ‘Jogodo’

Wizkid and Asake have teamed up for a new single called ‘Jogodo’ to usher in 2026. This song is a lead track for their upcoming joint EP, ‘REAL, Vol. 1,’ set for release on January 23. The collaboration blends Wizkid’s smooth global sound with Asake’s street-inspired vibe, promising a unique mix.

This collaboration highlights the growing strength and diversity of Afrobeats, offering fans a rich combination of styles that respects African culture and friendship. As the EP drops later this month, it may influence the soundscape of Nigerian music and inspire more artists to work together. You can expect fresh tunes that celebrate cultural pride and creative synergy.

Source: The Nation Newspaper
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The Social Feed:

  • Wizkid’s latest major record deal is stirring speculation in the Nigerian music industry, as details remain under wraps but fans anticipate big moves from the ‘Essence’ singer in 2026.

  • The Nigerian stage production Fela and the Kalakuta Queens makes a triumphant return, celebrating Fela’s timeless music and drawing large crowds who honor Afrobeat’s cultural legacy.

Sports

Super Eagles Face Egypt for AFCON Bronze in Casablanca

After falling to Morocco in a tense semi-final decided by penalties, Nigeria's Super Eagles will compete against Egypt for the third-place bronze medal at the 2025 Africa Cup of Nations. The match takes place at Stade Mohamed V in Casablanca, with both teams aiming to add to their rich AFCON medal history.

This bronze match offers a chance for Nigerian fans to celebrate their team’s resilience despite missing out on the final. With Nigeria unbeaten in regulation time and boasting 14 goals this tournament, supporters can feel proud of their Super Eagles’ performance. Winning the bronze would extend Nigeria’s record as the team with the most AFCON third-place finishes. The game also fuels national pride and keeps football passion alive while players like Victor Osimhen chase their first AFCON gold. The outcome matters not just for the medals, but for the country’s football legacy and future spirit.

Source: Business News Nigeria
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Sports Spotlight:

  • Senegal's national team refuse to train ahead of the AFCON 2025 final in Morocco, raising concerns about transparency and fairness in African football tournaments.

  • Super Eagles captain Wilfred Ndidi reveals that coach Eric Chelle now wants every player to emulate Victor Osimhen's performance standard for improved results at AFCON 2025.

  • Rafiu Durosinmi makes an instant impact in Italy as the Nigerian forward scores a late equaliser and earns Man of the Match on his Pisa debut, highlighting Nigerian talent abroad.

Quote of the Day

“The test of a society is not what it says, but what it tolerates.”

— Chimamanda Ngozi Adichie

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