US Companies Spend N3.23 Billion on Visas for Nigerian Specialists

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February 1, 2026

Figures cited by The Punch show that American firms invested over N3.23 billion in the 2024 fiscal year to secure H-1B specialty worker visas for 880 Nigerian professionals. This data, released on February 1st, 2026, underscores the high demand for Nigerian talent in sectors such as technology, healthcare, and engineering within the United States.

Reporting by BusinessDay indicates that this trend reflects a growing “brain gain” for the US but a “brain drain” for Nigeria’s domestic economy. The report mentions that many of these professionals are being recruited by top Silicon Valley firms and major medical centers. “The cost of these visas shows how much US employers value the skill sets coming out of Nigeria,” a migration expert was quoted as saying.

In an update published by The Sun, it was revealed that the Nigerian government is currently in diplomatic talks with Washington to ease visa restrictions and create a more formal framework for professional exchange. The paper quoted a Diaspora Affairs official who noted: “While we celebrate the success of our citizens abroad, our priority is to create an environment where these specialists feel incentivized to return and invest their skills at home.”

Echotitbits take: This story highlights the duality of the Nigerian diaspora. While the N3.23bn spent by US firms shows the global competitiveness of Nigerian talent, it also points to a massive gap in the local banking and tech sectors that struggle to retain top-tier specialists. Watch for new “Return-to-Nigeria” incentives in the 2026 mid-year economic review.

Source: The Punch — https://punchng.com/us-firms-spent-n3bn-on-permits-for-nigerian-workers-report/, February 1, 2026

Photo credit: The Punch

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Wike Asserts Authority in Rivers State Amid Lingering Political Crisis

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Bob Echols’s

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February 1, 2026

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In an update published by The Punch on February 1st, 2026, the Minister of the Federal Capital Territory, Nyesom Wike, has declared that he remains the dominant political force in Rivers State. Speaking at a civic reception in his honor, Wike assured his supporters that they could “sleep with both eyes closed” because his camp remains firmly in control of the state’s political structure despite his role in Abuja.

According to Vanguard News, Wike’s comments have reignited the cold war between his loyalists and the administration of Governor Siminalayi Fubara. The report highlights that Wike used the event to showcase his influence, including his role in recommending top officials for federal appointments. “I have always said that appreciation is the currency of loyalty, and we will continue to reward those who stand with us,” Wike reportedly told the crowd.

Reporting by Daily Post indicates that the political atmosphere in Port Harcourt remains tense following the Minister’s pronouncements. The outlet quoted a local activist who warned: “The continued power struggle between the FCT Minister and the Governor is distracting from governance and could lead to further instability in the Niger Delta region.”

Echotitbits take: The Rivers crisis is no longer just a state matter; it is a significant government policy and security headache for the presidency. Wike’s “I am in charge” stance suggests that no reconciliation is in sight, which could impact the 2027 presidential calculations for the South-South region.

Source: The Punch — https://punchng.com/rivers-crisis-were-in-charge-says-wike/, February 1, 2026

Photo credit: The Punch

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NNPP Dismisses Rumors of Kwankwaso’s Defection to Ruling Party

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Bob Echols’s

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February 1, 2026

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According to Daily Post reporting on February 1st, 2026, the New Nigeria Peoples Party (NNPP) has officially debunked viral reports claiming that its national leader, Rabiu Musa Kwankwaso, is in talks to join the All Progressives Congress (APC). The party described the rumors as “mischievous fabrications” intended to create disharmony among opposition forces ahead of the 2027 electoral cycle.

Reporting by Leadership News confirms that the NNPP leadership held an emergency meeting in Abuja to address the speculation. The party’s spokesperson clarified that Kwankwaso has not met with President Tinubu for political negotiations since 2024. “Our leader remains committed to the NNPP’s ideology and is focused on building a formidable alternative for Nigerians,” the spokesperson said in a direct quote.

In an update published by The Nation, it was suggested that the rumors were fueled by recent defections of other high-profile opposition members to the APC. However, the paper quoted an NNPP chieftain who insisted: “Kwankwaso is a man of principle; he will not be intimidated or lured into a party that he has consistently criticized for its economic policies.”

Echotitbits take: This denial is a classic move in the Nigerian political “chess game.” While the NNPP is currently holding its ground, the ongoing realignment of governors—including the rumored exit of Abba Yusuf—suggests that Kwankwaso may soon find himself politically isolated if he doesn’t secure a new alliance.

Source: The Punch — https://punchng.com/kwankwaso-never-discussed-defection-with-apc-nnpp/, February 1, 2026

Photo credit: The Punch

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Nigerian Music Giants Lead Global Charge at 2026 Grammy Awards

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Bob Echols’s

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February 1, 2026

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Reporting by The Guardian indicates that the 68th Grammy Awards, taking place this Sunday, February 1st, 2026, features a record number of Nigerian nominees, highlighting the country’s continued dominance in the global entertainment industry. Leading the pack is Burna Boy with two nominations, while Davido, Ayra Starr, and Wizkid also vie for major prizes in the Global Music categories.

In an update published by ThisDay, the significance of these nominations is described as a “cultural export triumph” for Nigeria. The publication notes that the inclusion of younger artists like Omah Lay alongside veterans shows the depth of the Afrobeats genre. “Nigerian music is no longer a sub-genre; it is the global standard for pop culture in 2026,” an industry critic told the newspaper.

According to Daily Post, fans across Lagos and Abuja have organized viewing parties to celebrate what many expect to be a historic night for African music. The outlet quoted a music producer who noted: “Winning or not, having five of our own on that stage simultaneously proves that the ‘Afrobeats to the World’ movement has reached its zenith.”

Echotitbits take: Entertainment is one of Nigeria’s most successful “soft power” exports. Beyond the glamour, these nominations represent significant foreign exchange earnings and tourism potential. Watch how the government leverages this global visibility to boost the “Creative Economy” ministry’s initiatives.

Source: Channels TV – https://www.channelstv.com/2026/01/31/nigeria-dominates-68th-grammy-africa-nominations-with-five-superstars-eyeing-major-wins/, February 1, 2026

Photo credit: Channels TV

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National VAT Collections Hit Record N8.61 Trillion as Tax Reforms Yield Fruit

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Bob Echols’s

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February 1, 2026

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Figures cited by The Punch show that Nigeria’s Value Added Tax (VAT) revenue experienced a historic surge, reaching N8.61 trillion for the 2025 fiscal year. This performance, reported on February 1st, 2026, is being attributed to the aggressive automation of tax collection systems and the broadening of the tax base to include more informal sector participants and digital service providers.

In a report by The Sun, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, noted that the focus has shifted from increasing tax rates to improving the efficiency of collection. “The 2025 figures are a testament to what happens when you simplify the tax code and eliminate multiple levies that previously stifled small businesses,” Oyedele was quoted as saying.

According to Vanguard News, the Federal Inland Revenue Service (FIRS) has surpassed its revised targets, providing the government with much-needed fiscal space to service debts and fund infrastructure. The report quoted a financial analyst who stated: “While the revenue growth is impressive, the government must now ensure that these funds are transparently utilized to mitigate the impact of inflation on the average citizen.”

Echotitbits take: This taxation milestone suggests that the government’s fiscal reforms are finally gaining traction. For businesses, the “tax harmonization” agenda is the real story to watch; if the government successfully collapses hundreds of taxes into a few single digits, it could trigger a significant boom in the SME sector by 2027.

Source: The Punch – https://punchng.com/vat-collections-surged-to-n8-61tn-in-2025/, February 1, 2026

Photo credit: The Punch

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Intelligence Agencies Uncover Major Conspiracy Against Presidential Administration

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Bob Echols’s

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February 1, 2026

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In an update published by Premium Times on February 1st, 2026, Nigerian security forces have concluded an extensive investigation into a suspected coup plot aimed at toppling the current administration. A total of 40 suspects, including high-ranking military officers and several civilians, have been identified and detained for their alleged roles in reconnaissance, funding, and the spread of anti-government propaganda.

Figures cited by Channels TV indicate that the suspects were allegedly planning to seize strategic locations such as the Presidential Villa and the Nnamdi Azikiwe International Airport. The report clarifies that the Defence Headquarters has already forwarded the case files to the appropriate superior authorities for court-martial proceedings. “We remain committed to the sanctity of our democracy and will ensure that any element attempting to truncate it faces the full weight of the law,” a military source told the outlet.

Reporting by The Nation further validates the development, revealing that some of the suspects were tracked through encrypted communication channels. The publication quoted a senior SSS official who said, “The level of sophistication in the planning was alarming, but our intelligence apparatus was three steps ahead to ensure stability.”

Echotitbits take: The revelation of a coup plot involving “high-ranking officers” is a serious security concern that underscores internal tensions within the defense architecture. While the government has successfully neutralized the threat, the focus now shifts to the transparency of the trials and whether this will lead to a wider shake-up of the military top brass.

Source: Legit.ng – https://www.legit.ng/entertainment/celebrities/1694779-popular-nollywood-actor-reportedly-implicated-alleged-plot-tinubu-arrested/, February 1, 2026

Photo credit: Legit.ng

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Federal Government Seals Major Electric Vehicle Deal with South Korean Partners

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February 1, 2026

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According to The Guardian reporting on February 1st, 2026, the Nigerian government has officially entered into a strategic Memorandum of Understanding with South Korea’s Asia Economic Development Committee (AEDC) to pioneer domestic electric vehicle (EV) manufacturing. The agreement, signed by John Enoh, the Minister of State for Industry, Trade, and Investment, outlines a comprehensive roadmap for establishing assembly plants and a robust national charging network.

Reporting by Daily Trust confirms that the initiative is part of a broader “Green Industrialization” agenda aimed at reducing the nation’s carbon footprint and dependence on fossil fuels. The publication notes that the National Automotive Design and Development Council (NADDC) has already identified potential sites in Lagos and Kaduna for the first phase of the rollout. “This partnership marks a definitive shift from importation to domestic production, positioning Nigeria as a hub for green technology in West Africa,” a Ministry spokesperson stated.

In an update published by The Cable, it was highlighted that the South Korean partners are committing an initial investment of $250 million toward technical training and infrastructure. The outlet quoted AEDC representative, Kim Sung-ho, who remarked: “Our goal is to integrate Nigerian ingenuity with Korean technology to create affordable, sustainable transport solutions for the African market.”

Echotitbits take: This move is a significant pivot toward international economics and sustainable industrialization. By partnering with South Korea, Nigeria is not just looking at environmental benefits but also job creation in the high-tech sector. Watch for the legislative framework that will likely provide tax incentives for early adopters of EVs in the coming months.

Source: NigeriaInfo – https://www.nigeriainfo.fm/news/homepagelagos/nigeria-south-korea-sign-deal-to-launch-electric-vehicle-plant/, February 1, 2026

Photo credit: NigeriaInfo

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Mercy Aigbe Sparks Social Media Frenzy with On-Stage Kiss

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January 31, 2026

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A report by The Punch reveals that Nollywood actress Mercy Aigbe has become the center of a social media debate following an on-stage kiss that raised eyebrows among fans. The incident, which occurred during a high-profile movie premiere event, has divided opinions, with some calling it a harmless promotional stunt and others questioning its appropriateness given her marital status. Aigbe is currently promoting her role in the new film Everything Is New Again.

Legit.ng confirmed the viral moment, quoting social media reactions: “Mercy Aigbe knows how to keep the cameras on her, but this might be crossing the line for some.” Naija News also noted: “The actress’s on-stage antics have once again put her at the top of trending topics.”

Echotitbits take:

In the “Funke Akindele era” of aggressive marketing, Mercy Aigbe is clearly using the “shock and awe” tactic to drive interest in her latest project. Whether it’s scripted or spontaneous, it’s working—her name is everywhere. Expect this to translate into high opening-weekend numbers for her film.

Source: Legit.ng — https://www.legit.ng/entertainment/celebrities/1694767-mercy-aigbe-kisses-young-man-movie-premiere-video-leaves-talking/ January 31, 2026

Photo Credit: Legit.ng

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Nicki Minaj Sparks Fan Debate Over “Trump Gold Card” Post

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Bob Echols’s

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January 31, 2026

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According to TMZ, rap queen Nicki Minaj has caused a rift within her “Barbz” fanbase after flaunting a $1 million “Trump Gold Card” on social media. The post, which Minaj claimed was a gift, has sparked intense political debate on TikTok and X, with some fans defending her right to associate with whoever she wants, while others are calling for a boycott. The controversy comes as Minaj continues to dominate the charts with her latest singles.

TVC News validated the story, quoting: “Nicki Minaj thanks Trump for the ‘free’ gold card… sparking online reactions.” The Source also reported on the fallout, stating: “Trump is breaking up the Barbz as fans argue over the rapper’s recent political leanings.”

Echotitbits take:

Nicki Minaj has always been a “disruptor,” but leaning into political iconography is a risky move in a highly polarized US climate. However, her core fanbase is notoriously loyal; this “controversy” likely won’t hurt her streaming numbers and might actually keep her name in the headlines longer than a standard album promo would.

Source: New Republic — https://newrepublic.com/post/205861/nicki-minaj-donald-trump-gold-card-citizenship January 30, 2026

Photo Credit: New Republic

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Maxey and Embiid Combine for 77 Points in 76ers Thriller

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January 31, 2026

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According to ABS-CBN Sports, the Philadelphia 76ers edged out a 113-111 victory over the Sacramento Kings, led by a massive 77-point combined effort from Joel Embiid and Tyrese Maxey. Maxey, 25, scored 40 points for the fifth time this season and delivered the game-winning layup with just five seconds remaining. The win keeps the 76ers in the hunt for the top seed in the Eastern Conference.

The Times of India highlighted Maxey’s rising stardom, quoting: “Maxey… has frequently outshone his more established teammates this year.” NBA.com verified the stats, noting: “Cameroonian veteran Embiid poured in 37 points but chose to trust his younger teammate for the decisive final play.”

Echotitbits take:

The “Embiid-Maxey” era is officially in full swing. By passing the ball to Maxey for the final shot, Embiid is signaling a changing of the guard—or at least a partnership of equals. Maxey is no longer just a “third option”; he is a legitimate All-NBA talent who can carry a franchise.

Source: NBA — https://www.nba.com/watch/video/maxey-embiid-combine-for-77-points?plsrc=nba&game-highlights=0022500680 January 31, 2026

Photo Credit: NBA

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