Thursday, September 24, 2026

 


🇳🇬 Nigeria - top stories


Markets: The naira strengthened. Dollar quoted at ₦1,328 at the NFEM official market vs ₦1,331 on Tuesday, and about ₦1,375 in parallel market vs ₦1,383. Turnover jumped 181.5% to $279.2m, and external reserves stood at $54.674bn as of Sept 17. 


Politics on front pages:

Wike-APC Governors' feud splits 31 Govs into camps - growing disagreement between FCT Minister Nyesom Wike and APC governors.

Fresh debate over single-term presidency - ex presidential candidate says six years without checks will worsen corruption.

President Tinubu says $800m Ima Gas Project shows reforms paying off.


Business & Law:

Gambia orders Nigerian banks to localise staff: Central Bank of The Gambia directed subsidiaries of Access, GTBank, FirstBank, Ecobank and Zenith to replace non-Gambian staff with Gambian nationals by Dec 31, 2026 in a Sept 16 circular. 

Nigeria wins big arbitration: Tribunal dismissed $400m claim by Sunrise Power over the long-delayed 3,050MW Mambilla hydropower project. Ruling removes major legal obstacle after nearly 20 years of delay. 


🌍 World - UNGA Week dominates


New York is in full UN General Assembly (UNGA 81) mode:


UN chief warning: Antonio Guterres said world has "entered an age of reckless disruption and relentless human suffering" with UN principles "under siege". Day 2 focus was Ukraine war and African push for Security Council reform. 

Iran: President Pezeshkian's defiant message to Trump at UNGA - Iran will "never bend the knee" while defending nuclear rights. 

US-India: Jaishankar meets Rubio at UNGA, raises India's concerns over Russian Sanction Act. 

US-China: Trump welcomes Xi to Washington looking for trade win, Xi says Beijing and Washington should be "partners, not rivals". 

Ukraine: Zelenskyy warns India and 46 nations over citizens joining Russia's war: "Don't let Putin drag you". 


Other world flashes:

Ethiopia: Tigray regional government says its fighters have entered defensive war against federal troops after seizing main airport. 

Weather: Hurricane Polo intensified to Category 5 off Mexico's Pacific coast with 165-180 mph winds. 

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