The Federal Government of Nigeria has officially launched a major national initiative known as the Nigeria National Laureate Annual Prize Programme. This programme is designed to recognise, reward and celebrate exceptional academic research produced by students in tertiary institutions. It aligns with the government’s broader goal of elevating the status of scholarly work and fostering a culture of research excellence across universities, polytechnics, and colleges of education. Purpose and Rationale The initiative stems from the Federal Government’s recognition that high‑quality research is a critical driver of national development. By financially incentivising outstanding academic work, the programme aims to: Elevate academic…
Author: Adejuyigbe Francis
The Lagos State Internal Revenue Service (LIRS), has announced an extension for the submission of individual annual income tax returns for the 2025 tax year. Taxpayers now have until April 14, 2026, to file their returns, instead of the earlier deadline of March 31, 2026. This extension represents a two‑week grace period designed to give taxpayers additional time to prepare, review, and submit accurate and complete tax returns. Background: Statutory Filing Requirement Under Lagos State tax laws, individuals earning income in the state are required to file an annual tax return covering the preceding year. The statutory deadline has traditionally…
The Government of Canada has introduced higher application fees for permanent residence and citizenship, a development that will impact Nigerians and other foreign nationals seeking residency. The adjustment, introduced by Immigration, Refugees and Citizenship Canada (IRCC), is part of a routine review aimed at aligning immigration costs with inflation and sustaining efficient service delivery. Effective Dates The revised fees will take effect in two phases: March 31, 2026 – New citizenship fee becomes effective April 30, 2026 – New permanent residence fees take effect According to IRCC, “applications received on or after April 30 will be subject to the new…
The West African Examinations Council (WAEC), has officially released the timetable for the 2026 West African Senior School Certificate Examination (WASSCE). This examination is a major standardised test taken by final-year secondary school students across West Africa, including Nigeria, Ghana, Sierra Leone, Liberia, and The Gambia. The timetable provides a comprehensive schedule of all examination subjects, dates, durations, and paper codes, enabling candidates to adequately prepare for the examination. Overview of the 2026 WASSCE Timetable Examination Type: WASSCE (School Candidates) Conducting Body: WAEC Exam Duration: Approximately 8–10 weeks Expected Period: April – June 2026 According to available reports, the 2026…
On March 25, 2026, at the United Nations General Assembly (UNGA), a resolution titled “Declaration of the Trafficking of Enslaved Africans and Racialised Chattel Enslavement of Africans as the Gravest Crime Against Humanity” was presented for adoption. The statement analysed here was delivered by Dan Negrea, representing the United States Mission to the United Nations. It explains why the United States voted against the resolution. The resolution itself seeks to: Recognise the transatlantic and related slave trades as crimes against humanity. Frame them as the gravest such crimes. Advance discussions around reparatory justice. Core Position of the United States The…
The Confederation of African Football (CAF), has announced a landmark decision to expand the Africa Cup of Nations (AFCON), from 24 to 28 teams. CAF President Patrice Motsepe revealed the development during a press conference following an executive committee meeting, emphasizing the organisation’s commitment to “world-class football with the best African players from all over the world returning to compete on the continent.” The expansion represents one of the most significant changes in AFCON’s history and reflects CAF’s strategic ambition to modernize African football, increase inclusivity, and enhance the tournament’s global appeal. AFCON Expansion: Historical Context AFCON has evolved steadily…
In a landmark move to transform Nigeria’s higher education and innovation ecosystem, the Federal Government disbursed ₦2.25 billion to 45 student innovators across tertiary institutions nationwide under the Student Venture Capital Grant (SVCG), initiative. The programme is designed to support student-led startups and breakthrough ideas, enabling young Nigerians to convert academic knowledge into scalable enterprises. Out of over 30,000 applicants, 65 were shortlisted, with 45 ultimately receiving funding—highlighting both the competitiveness and national interest in innovation-driven education. Event and Key Stakeholders The official cheque presentation ceremony took place at the UNDP Innovation Hub, underscoring the government’s collaboration with global development…
The Confederation of African Football (CAF), the apex governing body of football in Africa, has appointed Samson Adamu as its Acting General Secretary. The announcement, confirmed on March 29, 2026, marks a historic milestone for Nigerian football administration and signals a significant leadership transition within African football governance. Background of the Appointment Adamu’s appointment follows the resignation of Veron Mosengo-Omba, a Swiss-Congolese official who stepped down to pursue the presidency of the Congolese Football Federation (FECOFA). The decision to elevate Adamu was: Proposed by the CAF Executive Committee Ratified at the CAF Congress held in Cairo, Egypt This process underscores…
Former Arsenal midfielder, Lucas Torreira, recently made waves in football media by asserting that Victor Osimhen — currently starring for Galatasaray S.K. — is among the three best players in the world right now, a list he placed alongside Federico Valverde and Kylian Mbappé. By ranking Osimhen this highly, Torreira implied that he is surpassing other elite talents, including Yamal, Kane, and Haaland — all of whom are widely regarded as among the global elite in their respective roles. Victor Osimhen: Current Form and Performance Victor Osimhen has emerged as one of the most feared centre-forwards in world football, thanks…
Kuda, one of Nigeria’s leading digital-only banks, has laid off hundreds of employees as part of a company-wide restructuring effort announced in March 2026. The move signals a major strategic shift as the company transitions from rapid expansion to a more disciplined, efficiency-driven growth model. Overview of the Layoffs The layoffs were formally communicated on March 25, 2026, during a company-wide video call where senior executives informed staff that multiple roles across departments would be affected. Key highlights include: Hundreds of employees impacted across different units Cuts spanning several departments, with marketing particularly affected—nearly half the team reportedly laid off…
The Central Bank of Nigeria (CBN), has recently reduced interest rates on key Nigerian Treasury Bill (T‑Bill), maturities by 20 basis points (bps) — signaling a broader easing in money‑market funding costs and changing dynamics in Nigeria’s fixed‑income markets. Specifically: 364‑day (1‑year) T‑Bill rate cut: reduced by 20bps to 16.43%. 182‑day (6‑month) T‑Bill rate cut: trimmed by 20bps to 16.42%. 91‑day (3‑month) T‑Bill rate: held steady at 15.95%.These adjustments were reflected at the CBN’s March 25/26 primary auctions amid an oversubscribed market, strong investor demand, and abundant system liquidity. What Happened at the Auction? Auction Details The CBN offered ₦400…
On March 24, 2026, First Lady, Melania Trump, unveiled Fostering the Future Together, a transformative international initiative designed to empower children through technology and education. Convening 45 nations alongside leading technology innovators, the inaugural summit in Washington, D.C. set a powerful precedent for unified global action. Her message was clear and compelling: the future of the world depends on how effectively today’s leaders invest in the next generation. By elevating children above politics and borders, the initiative establishes a shared global responsibility to nurture talent, expand opportunity, and unlock human potential. From Vision to Action: A Results-Driven Coalition Unlike many…
