Welcome to NowNowNaija! — Courts expand, debts clear, and power money flows as Nigeria reshapes justice, trade, and infrastructure. Behind reforms, grid failures, labour tensions, and political maneuvering expose fragile systems racing to meet rising public expectations nationwide pressure.
TOP STORY
Tinubu Proposes 200 New Judges to Expand Courts

President Bola Tinubu has urged the Senate to approve 200 additional judges for the Court of Appeal and Federal High Court to handle increasing caseloads. His proposal includes raising appellate justices from 70 to 110 and Federal High Court judges from 70 to 90, amid rising legal demands linked to terrorism, taxation, and new federal issues.
This move will help speed up court cases and reduce delays that many Nigerians experience in the justice system. By expanding judicial capacity, it aims to handle complex cases more efficiently, which could improve access to timely justice across the country. For you, this means a potential reduction in backlog and faster resolutions in legal matters affecting governance, security, and businesses. These changes also signal a modernization of court processes with new technology provisions to improve transparency.
Source: This Day Live
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Market Trends at a Glance
USD/NGN | 1405.43 | ▼ 0.51% |
GBP/NGN | 1939.82 | ▲ 0.38% |
EUR/NGN | 1686.00 | ▲ 0.73% |
Gold - Oz ($) | 5233.80 | ▲ 3.03% |
Brent Oil ($) | 66.87 | ▲ 1.95% |
BTC-USD | 88867.17 | ▲ 0.68% |
ETH-USD | 2994.02 | ▲ 2.31% |
USDT-USD | 1.00 | ▼ 0.04% |
BNB-USD | 897.09 | ▲ 2.09% |
SOL-USD | 126.58 | ▲ 1.97% |
Rates shown are as of 6:00 AM Lagos time.
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Politics and Economy
Turkiye Targets $5 Billion Trade with Nigeria

President Recep Tayyip Erdogan of Turkiye has announced plans to boost trade with Nigeria to $5 billion. During a visit with President Bola Tinubu, the two countries agreed to establish a Joint Economy and Trade Committee to support Turkish investment and deepen cooperation. They also signed nine agreements covering defense, education, and media relations.
This agreement opens the door for expanded business opportunities and increased foreign investment in Nigeria, which could create jobs and stimulate economic growth. Turkish support in counterterrorism efforts could also strengthen Nigeria’s security landscape. For everyday Nigerians, these developments may lead to better trade access and improved public services tied to the bilateral cooperation.
Source: This Day Live
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What else is happening:
President Tinubu’s request for Senate confirmation of Oyewole as Supreme Court justice could reshape the country’s highest court and reflects executive influence on crucial judicial appointments.
The Manufacturers Association of Nigeria and labour unions strongly oppose NAFDAC’s actions on sachet drinks, warning that regulatory crackdowns are harming local businesses and workers’ livelihoods.
The federal government has warned it will no longer tolerate employers or organizations that compromise workers’ safety in pursuit of profit, emphasizing its commitment to protecting the well-being of Nigerian employees.
Tech and Business
Facebook Empowers African Creators at Lagos Summit

Facebook will highlight its latest creator tools at the 2026 African Creators Summit in Lagos, scheduled for January 29 at the Federal Palace Hotel. The event gathers creators, storytellers, and digital entrepreneurs to explore new ways to grow audiences, monetize content, and foster community engagement across Africa.
If you’re a content creator or digital entrepreneur in Nigeria, Facebook's showcase offers fresh tools and opportunities to grow your audience and earn from your creativity. By focusing on connection and community, the summit aims to strengthen the continent’s creator economy, opening doors to global exposure and stronger engagement. This can expand your reach beyond Nigeria and provide meaningful ways to monetize different types of content. Attending or following the summit could help you tap into this evolving digital ecosystem.
Source: Punch
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FG Issues N501bn Bond to Boost Power Sector Liquidity

The federal government successfully issued a N501 billion bond to clear legacy debts for power generation companies, with full subscription from key investors. Five generation firms have signed settlement agreements totaling N827 billion, aiming to improve liquidity and encourage capacity expansion. Despite this financial progress, Nigeria’s national grid suffered a second collapse this year, causing widespread blackouts.
This bond issuance means more reliable power could be on the horizon for Nigerian homes and businesses, as it frees up funds for power companies to stabilize operations and invest in expansion. However, recent grid failures remind you that power reliability is still fragile, causing interruptions that affect daily life and business productivity. The government’s focus on clearing debts and reforming the electricity market aims to create a more stable and investable sector, which could help reduce costly outages and support economic growth over time.
Source: This Day Live
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What else is happening:
UBA is rolling out a digital platform that allows instant account opening online, supporting both domestic and Diaspora customers and driving banking sector digital transformation across Nigeria.
A US-based CEO warns that government hurdles are delaying $100 million automotive investment intended to clear abandoned cars in Nigeria, highlighting the impact of regulatory challenges on tech-enabled infrastructure projects.
Entertainment and Culture
Quickteller Launches All-Night Music Experience in Lagos

Quickteller has introduced InsomniaQ, a unique 12-hour music and cultural event designed to energize Lagos’ December nightlife. Set for December 21-22, 2025, this celebration highlights African music, creativity, and storytelling through an immersive all-night festival.
This event lets you tap into Lagos’ vibrant December energy with non-stop music and culture, creating new spaces for African artists and fans to connect deeply. Whether you love music, art, or just celebrating African creativity, InsomniaQ promises an unforgettable night that reflects your city’s pulse. It also signals Quickteller’s growing role beyond payments, fostering local culture and entertainment.
Source: Punch
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The Social Feed:
Victoria Beckham expresses deep gratitude for her fashion award in Paris, turning a heartfelt moment with her family into a celebration of recognition and resilience amid rumors of internal disputes.
Edo State secures multiple recognitions at the National Teachers Summit, highlighting the impact of educational reforms and rewards for outstanding educators at a high-profile Abuja event.
⚽ Sports
Osimhen Leads Nigerian Stars in Crucial UCL Matches

Victor Osimhen and other Nigerian footballers face must-win final group games to keep their teams alive in the UEFA Champions League. Galatasaray’s survival hinges on a tough match against Manchester City, while Ademola Lookman and others also seek to secure playoff spots for their clubs.
This is a high-stakes moment for Nigerian football fans watching their stars battle on Europe’s biggest stage. Osimhen’s performance could define Galatasaray’s entire campaign, while Lookman, Onyedika, Onyemaechi, Tella, and Ilenikhena have their own clubs' hopes on the line. Success in these games boosts Nigeria’s profile in global football and inspires youth hoping to follow in their footsteps.
Source: Punch
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Sports Spotlight:
Porto and Besiktas are both monitoring Terem Moffi's uncertain future at OGC Nice, indicating ongoing European interest in Nigerian strikers during the transfer window.
Atalanta has dropped their asking price for Ademola Lookman to €35 million, attracting top clubs like Atlético Madrid and Napoli as the forward continues to draw attention on the continent.
The Nigeria Super Falcons are set to compete in a pre-WAFCON tournament in Abidjan against Ghana, Senegal, and hosts Ivory Coast, sharpening their preparations ahead of the continental showpiece.
Quote of the Day
“When the law fails the people, the people will eventually question the law.”
— Nigerian proverb

