Welcome to NowNowNaija! A remarkable act of kindness is bringing relief to new mothers in Lagos. Discover how one teen's generosity is making a big difference.
TOP STORY
Teen Clears Hospital Bills for Lagos Mothers

Fifteen-year-old Onate Oton-Efebo, a student from Ogun State, paid off the unpaid hospital bills of several mothers at Lagos Island Maternity Hospital. Motivated by a desire to help his community, he chose the hospital because of its service history and hopes his example inspires other young people.
This generous act means mothers who could not afford their medical bills can finally leave the hospital and care for their newborns without financial stress. It highlights how youth can actively support healthcare challenges in their communities. Mothers like Adeleye Zainab and Joy Francis now have one less worry, and this could inspire more support for vulnerable families during critical times. This story shows the power of kindness in making healthcare accessible.
Source: The Guardian
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Market Trends at a Glance
USD/NGN | 1432.75 | ▼ 0.84% |
GBP/NGN | 1923.23 | ▼ 1.32% |
EUR/NGN | 1673.25 | ▼ 1.30% |
Gold - Oz ($) | 4414.20 | ▲ 2.31% |
Brent Oil ($) | 60.62 | ▼ 0.21% |
BTC-USD | 92389.59 | ▲ 1.97% |
ETH-USD | 3161.79 | ▲ 1.15% |
USDT-USD | 1.00 | ▼ 0.05% |
BNB-USD | 891.88 | ▲ 1.51% |
SOL-USD | 135.38 | ▲ 1.56% |
Rates shown are as of 6:00 AM Lagos time.
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Politics and Economy
AGF Orders CAC to Reverse Abuja Firms’ Filing Changes

The Attorney-General of the Federation, Lateef Fagbemi, has directed the Corporate Affairs Commission to undo disputed shareholding changes involving Jonah Capital Nigeria Limited and Houses for Africa Nigeria Limited. This follows a review that cleared accused individuals of fraud and forgery related to River Park Estate ownership. The AGF also asked the police to investigate allegations of property destruction and intimidation in the area.
This decision affects those connected to property rights and business ownership in Abuja, ensuring their investments are protected amid previous legal uncertainties. It restores original company records, which stabilizes ownership and may boost investor confidence. For residents and investors in River Park Estate, this means a renewed chance to live without harassment while authorities continue investigating reported crimes. The directive signals stronger government oversight on regulatory bodies like the CAC when legal disputes occur.
Source: The Guardian
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What else is happening:
Senator Sunday Steve Karimi announced the National Assembly will soon enact laws supporting President Tinubu to recover trillions in local government funds in a major fiscal accountability push.
The Ogun State government, through the Nigeria for Women Project Scale-Up, has formed 2,000 Women Affinity Groups to empower women with greater financial access and social capital at the grassroots level.
An aide to Peter Obi denied any speculation about a negotiating running mate slot with Atiku Abubakar, confirming that Obi is focused on his 2027 presidential ambitions.
Tech and Business
Glo Strengthens Nigeria’s Telecoms for Future Demand

As Nigeria’s telecom sector enters 2026, Nigeria’s telecom sector faces growing pains with high subscriber numbers and uneven service quality. Globacom has taken a different approach by focusing on building durable infrastructure like fibre networks to ensure stability and better speeds, rather than just chasing bigger customer numbers.
This approach means you can expect more reliable connections and faster internet, even in less served areas. With better infrastructure in place, businesses can operate more efficiently and vital services like telemedicine and mobile banking work smoother. Globacom's affordable pricing also helps expand digital access to students, entrepreneurs, and rural communities, making connectivity a real tool for opportunity and inclusion across Nigeria.
Source: Independent NG
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Nigeria Faces Revenue Risks From Venezuela Oil Revival

Nigeria’s 2026 budget, based on oil at nearly $65 per barrel, faces threats as U.S. plans to boost Venezuelan crude output could flood the market. President Trump’s push to restore Venezuela’s oil sector may add millions of barrels to global supply, driving prices lower. This comes as oil prices already trade below Nigeria’s revised budget benchmark, putting revenue targets in question.
This means your community and government budgets could tighten if oil prices fall further. Nigeria depends heavily on oil revenue to fund public services and development, and lower prices may force spending cuts or more borrowing. With a projected $23.85 trillion budget deficit and debt servicing consuming much of public funds, a drop in oil revenue could affect everything from infrastructure projects to social programs. Nigerian exporters may also lose ground as Venezuela increases supply, intensifying competition for buyers.
Source: Business News Nigeria
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What else is happening:
itel partners with Pantone to introduce a limited-edition range of tech gadgets inspired by the 2026 Color of the Year, Cloud Dancer, offering Nigerian consumers fashionable technology options.
A surge on the Nigerian Exchange (NGX) saw a 51.2 percent gain last year, spotlighting ten companies that could define the business landscape and investor confidence in 2026.
Sahara Group supports the federal government’s infrastructure goals and anticipates more stability in Nigeria's energy sector after settling the bulk of its initial $600 million debt burden.
Entertainment and Culture
Falz and Liliane Maroune to Host AFRIMA 2026

Falz and French-Senegalese actress Liliane Maroune have been announced as hosts of the 9th All Africa Music Awards (AFRIMA), scheduled for January 7–11, 2026 in Lagos. Falz is the second Nigerian ever to host the awards, following 2Baba in 2014.
This event highlights Africa’s vibrant music and entertainment scene with Falz and Liliane representing contemporary African voices. For Nigerians and Africans, this increases visibility on the global stage and celebrates talent across generations. It also offers cultural pride and opportunities for young creatives to be inspired by established figures. Hosting AFRIMA in Lagos means heightened tourism and economic activity locally early in 2026.
Source: Info Stride
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The Social Feed:
Nollywood actress Destiny Etiko shares her hopes for greater opportunities in 2026 while expressing gratitude to fans, friends, and family who supported her throughout last year.
As friends and family gathered in London for the funeral of Anthony Joshua’s close friends, tributes and tears marked a poignant remembrance involving the Nigerian-British boxing star’s circle.
⚽ Sports
Super Eagles Poised for AFCON Quarter-Finals Battle

The Nigerian Super Eagles are confident as they prepare to face Mozambique in the 2025 AFCON round of 16. After sweeping their group with three wins, Nigeria aims to secure a spot in the quarter-finals with a strong tactical display despite keeping their lineup under wraps.
This match matters deeply to Nigerian football fans and the broader community as it represents a key step toward continental glory. Your support and enthusiasm can boost the team’s morale, especially facing a resilient Mozambique side that previously surprised favorites like Gabon. The performance of players like Ademola Lookman, recognized for his impact, highlights Nigeria’s potential. A strong defense and sharp attack here could inspire youth development and pride across the nation.
Source: Business News Nigeria
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Sports Spotlight:
Super Eagles coach Eric Chelle insists on sticking with his diamond formation as Nigeria prepares for an intense AFCON match against Mozambique, prioritizing high-tempo attacking play over defensive systems.
Calvin Bassey highlights the Super Eagles’ determination to keep clean sheets and reinforce defensive discipline in upcoming knockout AFCON matches, stressing the importance of a solid backline for Nigeria’s hopes.
Quote of the Day
“The trouble with Nigeria is simply and squarely a failure of leadership.”
— Chinua Achebe


