Nigerian CEOs Express Record Optimism for 2026 Economic GrowthI

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February 6, 2026

In a report published by ThisDay, a survey conducted by PwC Nigeria reveals that 91% of Nigerian Chief Executive Officers expect the country’s economy to improve significantly in 2026. This surge in confidence, up from 64% in the previous year, is attributed to the stabilizing impact of disciplined monetary reforms and the successful transfer of several oil and gas assets to indigenous operators.

The optimistic outlook was echoed in reports by The Sun and Vanguard, which analyzed the impact of these sentiments on the capital market. The Sun reported that “business leaders are now pivoting from survival mode to growth strategies,” while Vanguard quoted a leading economist saying, “The 2026 horizon looks bright if the current fiscal discipline is maintained.”

Despite the optimism, the survey also flagged rising cyber risks as a major threat to corporate stability. CEOs noted that as operations become more digitized, the exposure to high-level data breaches has increased, necessitating greater investment in national cybersecurity infrastructure.

Echotitbits take: High CEO confidence is a leading indicator of increased capital expenditure and job creation. However, the government must address the “cyber risk” warning mentioned by these leaders to ensure that the digital economy doesn’t become a new bottleneck for growth.

Source: ThisDay — https://www.thisdaylive.com/2026/02/02/pwc-nigeria-91-ceos-expect-nigeria-economic-growth-in-2026/, February 6, 2026

Photo credit: ThisDay

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Senate Faces Public Backlash Over Controversial Electoral Act Amendments

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Bob Echols’s

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February 6, 2026

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Reporting by Leadership indicates a growing wave of public anger directed at the Nigerian Senate following the passage of the Electoral Act Amendment Bill 2026. Senator Victor Umeh, representing Anambra Central, admitted during a television appearance that lawmakers have been subjected to insults because the version of the bill passed—specifically regarding the electronic transmission of results—did not reflect the expectations of the citizenry.

The legislative tension was further highlighted by Daily Trust and Sahara Reporters, both of whom documented the disconnect between the Senate’s “transmission” versus “transfer” terminology. Daily Trust noted that “voters feel betrayed by the lack of real-time upload requirements,” while Sahara Reporters quoted Senator Umeh saying, “We have to take the insult because we have disappointed the people with the news they got.”

The controversy centers on whether the Independent National Electoral Commission (INEC) is mandated or merely permitted to use electronic means to transmit results. Civil society organizations have already begun mobilizing for a protest, demanding a further review of the bill before it receives presidential assent.

Echotitbits take: The “transmission vs. transfer” debate is more than semantics; it is the frontline of Nigeria’s democratic transparency. Expect legal challenges to follow if the President signs the bill without clarifying these controversial clauses.

Source: Vanguard — https://www.vanguardngr.com/2026/02/electoral-act-senate-passes-bill-rejects-mandatory-electronic-transmission-of-results/, February 6, 2026

Photo credit: Vanguard

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Federal Government Deploys Army Battalion to Kwara Following Deadly Attack

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Bob Echols’s

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February 6, 2026

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According to The Punch reporting, President Bola Tinubu has ordered the immediate deployment of an army battalion to Kaiama Local Government Area in Kwara State following a brutal attack that left over 160 residents dead. The new military command will spearhead “Operation Savannah Shield,” a targeted offensive designed to track down the gunmen who targeted innocent villagers in what the President described as a “cowardly and beastly” campaign of terror.

The security crisis was also covered by Daily Post and Tribune Online, which provided updates on the humanitarian response. Daily Post confirmed that “relief materials are already being moved to the affected communities,” while Tribune Online quoted Governor AbdulRahman AbdulRazaq saying, “We will not rest until the perpetrators of this massacre are brought to justice.”

The U.S. government has reportedly condemned the killings and expressed support for the Nigerian government’s security deployment. Security experts remain concerned about the vulnerability of border communities in Kwara and have called for permanent military outposts in the region to prevent future incursions by bandits.

Echotitbits take: The rapid deployment of “Operation Savannah Shield” shows a proactive stance, but the 10-hour delay reported by locals before troops arrived indicates a massive gap in early-warning systems. The focus must shift from reactive deployment to proactive intelligence gathering.

Source: Channels TV – https://www.channelstv.com/2026/02/05/kwara-attack-tinubu-orders-deployment-of-troops-condemns-incident/, February 6, 2026

Photo credit: Channels TV

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Trump Recognizes Nigeria’s First Lady at National Prayer Breakfast in Washington

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Bob Echols’s

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February 6, 2026

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In an update published by Channels TV, United States President Donald Trump publicly acknowledged Nigeria’s First Lady, Senator Oluremi Tinubu, during the National Prayer Breakfast held in Washington, D.C. Trump paused his address to highlight her dual role as a high-ranking political figure and a Christian pastor, describing her as a woman of profound influence and spirituality within the African continent.

The event was further detailed by The Nation and ThisDay, which both noted the significance of the diplomatic gesture. The Nation reported that “the recognition underscores the growing interpersonal diplomacy between the Trump administration and the Tinubu presidency,” while ThisDay included a short quote from a diplomat at the event: “It was a rare moment of personal recognition that signals strong bilateral rapport.”

The First Lady’s presence at the annual gathering, which brings together world leaders and clergy, is seen as part of Nigeria’s ongoing efforts to strengthen ties with the U.S. government. Analysts believe such high-level interactions could pave the way for deeper cooperation on faith-based initiatives and social welfare programs between the two nations.

Echotitbits take: This public shout-out from Trump is more than just a courtesy; it signals a “soft power” win for Nigeria. It positions the First Lady as a key bridge between the two administrations, particularly in areas of religious and social cooperation.

Source: Vanguard – https://www.vanguardngr.com/2026/02/us-president-acknowledges-nigerias-first-lady-as-respected-woman/, February 6, 2026

Photo credit: Vanguard

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Naira Maintains Stability Against Dollar Amid Low Speculative Demand

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Bob Echols’s

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February 6, 2026

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Figures cited by Vanguard show that the Nigerian Naira opened at ₦1,367.10 per dollar in the official window this Friday, maintaining a steady course below the ₦1,400 threshold. Financial analysts attribute this relative calm to the Central Bank of Nigeria’s (CBN) consistent market interventions and a transparent electronic trading framework that has significantly dampened the activities of currency speculators.

The currency’s performance was also tracked by BusinessDay and The Cable, which both reported a narrowing gap between the official and parallel markets. BusinessDay observed that “the absence of aggressive hoarding has stabilized retail demand,” while The Cable quoted a BDC operator in Abuja saying, “The market is no longer as volatile as it was last year; supply is more predictable now.”

Market experts suggest that the current stability is a result of a 15.15% moderating inflation rate and the CBN’s decision to maintain the Monetary Policy Rate at 27.00%. This high-interest-rate environment has continued to attract foreign portfolio investment, providing the necessary liquidity to support the local currency.

Echotitbits take: The Naira’s stability is a win for the CBN’s orthodox monetary policies. However, for this to be sustainable in the long term, Nigeria needs to significantly diversify its export base to move beyond total reliance on oil-driven forex inflows.

Source: Legit.ng – https://www.legit.ng/business-economy/economy/1695016-dollar-stumbles-year-naira-opens-month-a-surprise-surge/, February 6, 2026

Photo credit: Legit.ng

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Anti-Graft Commission Initiates Investigation into Ex-Minister’s Alleged Certificate Forgery

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Bob Echols’s

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February 6, 2026

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According to Premium Times reporting, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has officially launched a probe into allegations that Uche Nnaji, the former Minister of Innovation, Science and Technology, submitted falsified academic and NYSC records. The investigation follows a detailed exposé indicating that the former cabinet member allegedly presented forged documents to both the Senate and President Bola Tinubu during his 2023 clearance process, a scandal that ultimately led to his resignation late last year.

The development has been mirrored in reports by AllAfrica and The Gazette Nigeria, which confirm that investigators are currently verifying the authenticity of the degree certificates with the respective institutions. AllAfrica noted that “the former minister could face criminal prosecution if the ICPC investigation confirms the forgery,” while The Gazette quoted a source stating, “This is a matter of institutional integrity that cannot be swept under the carpet.”

Legal experts suggest that the outcome of this probe could set a significant precedent for political appointees in the current administration. The ICPC is reportedly under pressure to ensure a transparent process, given the high-profile nature of the suspect and the gravity of the accusations involving the nation’s highest legislative body.

Echotitbits take: This investigation serves as a litmus test for Nigeria’s anti-corruption agencies. If handled decisively, it could deter future political aspirants from misrepresenting their qualifications; however, any perceived foot-dragging will likely be viewed as a lack of political will to hold former high-ranking officials accountable.

Source: Premium Times – https://www.premiumtimesng.com/news/top-news/826505-certificate-forgery-premium-times-to-sue-ex-minister-nnajis-spokesperson-over-false-bribery-allegation.html , February 6, 2026

Photo credit: Premium Times

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“30-Day Rant” Challenge Sparks Viral Political Discourse on Nigerian TikTok

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Bob Echols’s

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February 5, 2026

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A TikTok video by @TheJohnOlonade has ignited a massive “30-Day Rant” challenge across Nigeria, where creators are using the platform to voice frustrations regarding the current economic climate and government policies. The trend has quickly shifted from lifestyle venting to a significant political movement, with thousands of users participating daily.

The challenge involves creators filming short, unfiltered clips highlighting specific issues like inflation, infrastructure, and security. What started as a social media experiment has now caught the attention of mainstream media and political commentators, as the hashtag dominates the “For You” pages of millions of Nigerians.

BBC News noted the trend’s impact, quoting a participant who said, “Our phones are now our placards.” Sahara Reporters also validated the movement, reporting that “the dissent is no longer just in the streets; it’s on phone screens in every living room,” citing the viral nature of the challenge as a new form of digital protest.

Echotitbits take: This is “Digital Activism 2.0.” Unlike previous movements, this is decentralized and relies on the TikTok algorithm to maintain momentum. While the government has previously warned content creators against violating certain rights, the sheer volume of this trend makes it difficult to suppress, marking a shift in how the Nigerian youth engage with politics ahead of local elections.

Source: Tiktok — https://www.tiktok.com/@justicecrack/video/7483815984713764102 February 5, 2026

Photo Credit: RollingStone

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Omotola Jalade Ekeinde Finally Shuts Down Decades-Old Rivalry with Genevieve Nnaji

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Bob Echols’s

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February 5, 2026

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In a post shared by @realomosexy on Instagram, Nollywood icon Omotola Jalade Ekeinde has addressed the legendary “rivalry” between her and Genevieve Nnaji. Speaking candidly, Omotola dismissed the feud as a creation of the media and overzealous fans, insisting that there has never been any real conflict between the two “Queens of Nollywood.”

She emphasized that while they were competitive in their crafts, they always held mutual respect for one another. This statement comes as a response to recent social media debates comparing their career trajectories and “legacy” status in the evolving Nigerian film industry.

Punch Newspapers reported on the clarification, quoting Omotola: “The rivalry was created by people who wanted to see us fight, but we were busy building our empires.” Vanguard News also covered the story, highlighting a quote where she noted, “I won’t dance to promote a movie if it feels forced,” further asserting her mature approach to industry trends.

Echotitbits take: This is a masterclass in legacy management. By addressing this now, Omotola is effectively “retiring” a narrative that has followed her for 20 years. It positions her as a stateswoman of the industry, likely clearing the way for her upcoming projects where she seeks to be seen as a mentor rather than a competitor.

Source: The Nation — https://thenationonlineng.net/omotola-clarifies-alleged-feud-with-genevieve-nnaji/ February 5, 2026

Photo Credit: The Nation

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Jesse Lingard Eyed for Shock European Return to Join Robin van Persie at Feyenoord

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Bob Echols’s

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February 5, 2026

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According to a report from GiveMeSport, former Manchester United star Jesse Lingard is being linked with a surprise move to the Eredivisie to join Feyenoord. Lingard, currently a free agent after his contract with FC Seoul ended in January 2026, is reportedly keen on a return to Europe. The move would see him reunite with his former United teammate, Robin van Persie, who is currently managing the Dutch side.

At 33, Lingard is said to have “plenty in the tank” and is attracting interest from several clubs in Italy and England. However, the opportunity to play under Van Persie, despite the manager’s recent struggles and pressure from Feyenoord fans, remains a leading option for the English midfielder.

Sky Sports verified the transfer buzz in its “Transfer Centre LIVE” blog, stating that “Feyenoord are reportedly keen on signing Lingard” to add quality to their squad. The Daily Mail also confirmed the interest, quoting sources that suggest Lingard is “evaluating offers from Genoa and West Ham” but finds the Dutch project intriguing.

Echotitbits take: This move feels like a classic “redemption arc” for Lingard. While the Eredivisie is less physically demanding than the Premier League, it offers a high-visibility platform for him to prove he can still compete at a high level in Europe. For Van Persie, bringing in a familiar face could be the tactical gamble needed to save his managerial tenure.

Source: GiveMeSport — https://www.givemesport.com/jesse-lingard-linked-feyenoord-could-reunite-robin-van-persie/ February 5, 2026

Photo Credit: GiveMeSport

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Tonto Dikeh Ends Decade-Long Feud, Reunites Son with Father Olakunle Churchill

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Bob Echols’s

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February 5, 2026

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In a viral video shared by @tontolet on Instagram, Nollywood actress Tonto Dikeh has shocked fans by facilitating a reunion between her son, King Andre, and his father, Olakunle Churchill. This move comes after nearly ten years of bitter public legal battles, accusations, and social media mudslinging that had become a staple of Nigerian celebrity gossip.

The footage shows a rare moment of domestic peace, suggesting that both parents have decided to prioritize their son’s emotional well-being over their past grievances. Tonto, who has been vocal about her journey into “Christian leadership” and politics, seems to be practicing the peace she frequently preaches to her followers.

Punch Newspapers confirmed the reunion, noting that the video has garnered thousands of comments from fans praising Tonto’s growth. The outlet quoted a source close to the family saying, “This is the healing the boy needs.” TVC News also highlighted the development, quoting Churchill’s brief response: “God is the greatest, peace is priceless.”

Echotitbits take: This is a landmark moment in Nigerian pop culture. Given the intensity of their past animosity, this reconciliation is highly credible and signifies a major personal shift for Dikeh. It likely serves as a strategic move to soften her public image as she moves further into the political and advocacy space.

Source: Punch Newspapers — https://punchng.com/video-tonto-dikeh-reunites-son-with-churchill-after-decade-long-split/ February 5, 2026

Photo Credit: Punch Newspapers

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