Demolitions in Lagos deepen class divide, fuel anger at state government
Recent demolition exercises across Lagos waterfront and inland communities have triggered widespread public anger and reinforced perceptions of a widening class divide, according to a new sentiment report on the January clearances in Makoko, Oworonshoki and surrounding areas.
The SBM Intelligence report found that 82 per cent of public discourse was negative, driven largely by distrust, perceptions of selective enforcement and a development agenda seen as favouring elite interests over social welfare.
Nigeria’s Niger State to work with Islamic Development Bank on $163 million solar project
Nigeria’s Niger State government is partnering with the Islamic Development Bank on a $163 million, 100-megawatt solar project to boost power supply across the state.
Governor Umaru Mohammed Bago said the initiative will support agriculture, agro-processing, and industrial growth while creating jobs and increasing state revenue.
Naira hits record N1,401.22/$ since EFEMS
The naira strengthened to a record N1,401.22 per dollar on Tuesday at Nigeria’s official FX market, its highest level since the launch of the Electronic Foreign Exchange Matching System (EFEMS).
The Central Bank of Nigeria (CBN) data showed a 1.26% gain, up N17.73 from Monday’s N1,418.95, with bids reaching N1,400 per dollar.
Meanwhile, the parallel market remained stable, closing at N1,485 per dollar.
How incessant grid collapse frustrates Nigerian businesses
Nigeria’s electricity grid collapsed again on Tuesday morning, plunging the country into nationwide darkness for the second time in 2026 and raising fresh concerns over the reliability of the power system and its impact on business costs.
Checks at 11:15 a.m. showed all distribution companies recorded zero load, underscoring persistent challenges from weak infrastructure and generation shortfalls that continue to disrupt homes and businesses.
Bandits kill three policemen, injure two in Katsina
Three police officers were killed and two others injured on Tuesday after suspected bandits ambushed a patrol team in Bakori Local Government Area of Katsina State. The Katsina State Police Command confirmed the incident in a statement on Wednesday by its spokesperson, DSP Abubakar Sadiq, who said the attack occurred at about 12:44 p.m. along the Guga–Bakori axis while officers were on routine anti-crime patrol.
According to the police, the patrol team was suddenly confronted by armed hoodlums who opened fire, leading to a gun battle in which three officers lost their lives. The injured officers were taken to a medical facility for treatment, while security forces have launched a manhunt for the attackers and reinforced patrols in the area, as residents were urged to remain calm and cooperate with law enforcement.
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