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Super Eagles camp in Polokwane, South Africa, came alive on Tuesday as 18 players reported for duty ahead of Nigeria’s crucial 2026 FIFA World Cup qualifier against Lesotho on Friday.

Head coach Eric Chelle and his backroom staff had arrived earlier on Monday to officially open camp at The Ranch Hotel, with preparations set to intensify ahead of the Group C clash.

The team held its first full training session on Tuesday evening at the Peter Mokaba Stadium, the venue for Friday’s encounter.

Among the early arrivals are captain William Troost-Ekong, Victor Osimhen, Ademola Lookman, Alex Iwobi, Calvin Bassey, Samuel Chukwueze, Wilfred Ndidi, Moses Simon, Terem Moffi, and Frank Onyeka.

Others who have checked in include Tolu Arokodare, Chrisantus Uche, Semi Ajayi, Bruno Onyemaechi, Stanley Nwabali, Adebayo Adeleye, Amas Obasogie, and Benjamin Frederick.

Meanwhile, Zaidu Sanusi, Alhassan Yusuf Abdullahi, Akor Adams, and Olakunle Olusegun are expected to join the camp in the coming hours.

Nigeria will take on Lesotho in Matchday 9 of the 2026 FIFA World Cup qualifying series on Friday, October 10, 2025, at the New Peter Mokaba Stadium in Polokwane.

The Super Eagles currently sit third in Group C with 11 points, three behind leaders Benin Republic and South Africa.

A win in Polokwane is crucial to reigniting Nigeria’s qualification hopes for the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada, and Mexico.

Muhammad Sanusi, a former governor of the Central Bank of Nigeria (CBN) has cautioned against loosening of monetary policy, warning that a reduction in interest rates at this time could jeopardise economic stability and reverse recent gains in the fight against inflation.

Speaking during a plenary session at the ongoing Nigeria Economic Summit on Tuesday, Sanusi described the recent reduction in Monetary Policy Rate to 27% by the Central Bank of Nigeria (CBN) as premature and send wrong signals. He urged the apex bank to maintain a tight monetary policy to ensure economic stability.

‘Yesterday, I heard a few things at this summit that disturbed me a bit. One of the things I didn’t like was this aspect that we need to have interest rates come down.

‘When the MPC reduced MPR, I called members and said, as far as I am concerned, it was premature. I think it would be a very dangerous thing at this time for this summit to send a signal that we should loosen money. We do not need to send that signal now. So let us encourage the central bank to hold the line,’ he urged.

The former CBN governor warned that any loosening of monetary policy at this point could reverse the gains the country has achieved in exchange rate stability, inflation control, and reserve accumulation.

‘Stability is fundamental in money. Without it, we can’t have growth. Without it, we can’t have development. We created a central bank for stable exchange rates, for building our reserves, for stability and bringing inflation down. The only way to achieve this was by tightening money and raising interest rates,’ he stressed.

Sanusi further noted that the Nigerian economy had shown promising signs, growing by 3% in the first quarter and 4% in the second quarter of 2025, which accoridng to him surpases population growth for the first time in several years.

‘This is the first time in what, eight years that this economy is growing faster than the population. That’s amazing’, Sanusi said, but warned against complacency.

‘So it’s fantastic. But it’s not the time to blink. It’s not the time to walk back,’ he added.

Sanusi also said curbing inflation remains one of beat approaches in uplifting the poor.

Nigeria’s agricultural sector recorded steady growth during the 2025 wet season, with increased production across major food crops and a general decline in market prices, according to the latest Agricultural Performance Survey (APS) conducted by the National Agricultural Extension and Research Liaison Services (NAERLS), Ahmadu Bello University, Zaria.

The survey, released in collaboration with the Federal Ministry of Agriculture and Food Security (FMAFS) and 22 partner agencies on Tuesday in Abuja, shows that rice, maize, sorghum, millet, cowpea, yam, and cassava all posted higher outputs compared to 2024.

‘The 2025 APS confirms steady growth in Nigerian agriculture, driven by expanded cultivated areas, improved practices, and farmer resilience across major producing states,’said Yusuf Sani Ahmad, Executive Director, NAERLS.

The study also found that food prices fell sharply across all six geopolitical zones, with maize, rice, and sorghum prices dropping by more than 50 percent nationally, reflecting improved food availability.

However, the sector continues to face challenges from climate shocks, flooding, and rising input costs. Fertilizer prices rose by nearly 20 percent on average, while floods in Niger, Jigawa, and several southern states destroyed crops and infrastructure.

Despite these setbacks, the report highlights improved mechanization data, with over 1,600 functional tractors recorded nationwide and new datasets from a Farm Family Census and Tractor Census introduced to enhance planning.

The livestock and fisheries sub-sectors showed mixed performance. Poultry and pig farmers faced outbreaks of Newcastle Disease and African Swine Fever, while fish production fell in some northern zones due to insecurity and flooding.

In his remarks during the report presentation, Abubakar Kyari, minister of agriculture and food security, said the findings would help government refine its policies to boost food and nutrition security.

‘This report provides the evidence base we need to plan smarter, support our farmers better, and achieve national food sufficiency,’ the Minister stated.

According to the Minister, the 2025 APS recorded increased production of rice, maize, sorghum, millet, cowpea, yam, and cassava compared to 2024 levels, alongside a ‘significant drop in food prices across all zones.’ He attributed the improvement to cumulative government efforts in boosting input supply, mechanization, and farmer support systems, despite challenges such as erratic rainfall, flooding, and pest outbreaks.

Kyari, however, cautioned that rising input costs, particularly for fertilizer and fuel, as well as uneven mechanization coverage and persistent postharvest losses, remain serious constraints to productivity.

He also highlighted livestock disease outbreaks and a decline in fisheries production in some regions as areas requiring urgent intervention.

‘The APS findings present both encouraging progress and critical challenges,’ the Minister said. ‘As a Ministry, we view these findings not merely as statistics but as a compass for future action.’

The report concluded with key recommendations, including the institutionalisation of a Dry Season Agricultural Survey, scaling up climate-smart agriculture, ensuring affordable farm inputs, expanding mechanization, and strengthening extension and veterinary systems.

‘Nigeria’s farmers have shown remarkable resilience,’ Ahmad added. ‘Our task now is to build on these gains and make agriculture more adaptive, efficient, and data-driven.’

Godswill Akpabio, the Senate President, has commended President Bola Tinubu’s economic management, declaring that no state government in Nigeria is currently borrowing to pay workers’ salaries, a development he credited to the administration’s fiscal discipline and economic reforms.

Akpabio remarked on Tuesday in his welcome-back speech while addressing lawmakers during the resumption of plenary after a long recess.

He said, ‘I can confidently say that through the engineering of President Bola Tinubu and his team, no state government today is borrowing to pay salaries.

‘So, for this, we say kudos to the administration.’

The Senate President praised what he described as the ‘sound economic engineering’ of the Tinubu administration, noting that the fiscal reforms have strengthened revenue generation and restored investor confidence in key sectors of the economy.

He said the upper chamber would continue to support policies that improve the lives of Nigerians while maintaining its independence and oversight role over the executive arm.

‘The Senate will lend its strength to every policy that raises our people, but where policies imperil them, we shall not hesitate to speak on their behalf,’ he said.

Akpabio, however, reminded his colleagues that their return to plenary came at a time when citizens were grappling with insecurity, high cost of living, and hunger, stressing that Nigerians expected tangible results, not rhetoric.

‘Over 33 million Nigerians face acute food insecurity, a crisis demanding urgent legislative action on agriculture, irrigation, rural roads, and mechanisation.

‘Hunger cannot be defeated with words; it requires policy, budget, and will,’ he declared.

The Senate President further urged senators to rededicate themselves to the service of the nation, warning against the growing culture of political showmanship.

‘Leadership is not a carnival, and governance is not a stage for theatrics.

‘Let no one mistake the nation’s destiny for a costume drama, nor confuse applause with achievement,’ he cautioned.

Akpabio also called for stronger collaboration between the legislature and executive to tackle the nation’s challenges, including insecurity, power instability, and infrastructure decay.

He emphasised the need to reform the Constitution, deepen democracy, and ensure that public funds are used for the people’s welfare, not private gain.

‘Our relations with the Executive shall remain frank and firm, neither obsequious nor obstructive,’ he noted.

‘We must continue to uphold the independence of this Senate, the dignity of this chamber, and the majesty of the Constitution which governs us all.’

As the Senate resumes its legislative duties, Akpabio charged his colleagues to make the 10th Senate a symbol of integrity and transformation.

‘Let this Senate be remembered as an instrument of national transformation, a citadel of democracy, and a beacon of hope,’ he said.

Shea nut prices in Nigeria are stabilising after a brief dip following the federal government’s ban on raw exports. Prices, which fell sharply in the days immediately after the announcement, have steadily rebounded as domestic processors step in to absorb supply. Today, average prices are approaching pre-ban levels, signaling growing confidence in the policy.

Market data shows that shea nut prices in Nigeria are stabilising after a brief dip following the federal government’s ban on raw exports. Before the policy was announced, prices averaged around N850 per kilogram. In the days immediately following the announcement, prices fell sharply to about N570 per kilogram as traders and middlemen adjusted to the new market realities. However, by mid-September, prices had rebounded to N710 and N800 per kilogram towards the end of September, indicating renewed confidence and an emerging balance between supply and demand. As of today, the average market price for shea nuts stands at approximately N1,000 per kilogram, reflecting both recovery and growing stability.

The policy is anchored in the Renewed Hope Agenda and reflects President Bola Ahmed Tinubu’s Nigeria First policy, which prioritises domestic value addition as the pathway to growth. Though the country supplies more than a third of the world’s shea, it captures less than one percent of the $6.5bn global market because raw nuts have historically been exported with minimal processing. By securing raw material for over 20 local plants – many of which had been operating below 30 percent capacity – the ban is strengthening industries, safeguarding jobs, and boosting economic resilience.

‘This policy gives us the stability we’ve long needed to plan, invest, and expand,’ said Sadiq Kassim, PRO Nigeria Agribusiness Group (NABG). ‘Before now, the unregulated export of raw nuts drove unpredictable price swings and squeezed processors out of the market. With the ban in place, raw materials are staying in-country, market prices are becoming more stable, and we can run our factories closer to full capacity. This means better income for rural women, steady demand for farmers, and a stronger foundation for Nigeria’s shea value chain.’

This direction aligns with the 30% percent Value Addition Bill, championed by the Raw Materials Research and Development Council (RMRDC) and passed by the Senate in July 2025. Now awaiting concurrence in the House of Representatives and Presidential assent, the bill mandates that no raw material of Nigerian origin be exported without at least 30 percent domestic processing.

Nnanyelugo Martin Ike-Muonso, professor and director-general of RMRDC, said: ‘Without an incentive structure to build capacity across our value chains, inefficiencies persist, prices rise, and opportunities are lost. This is why we are championing the 30 percent value addition bill before export-to protect local industries, create jobs, and put Nigeria first.’

Olaolu Ajide, a local buying agent (LBA) in Ibadan, commended the government’s decision to ban the exportation of shea nuts. He said, ‘Stopping the exportation of raw shea nuts has a positive effect on the economy. The government must enforce the ban to ensure the local industries can grow and expand the value chain to create more jobs for our people.’

The Federal Ministry of Industry, Trade and Investment is leading follow-up engagements with processors, traders, and farmer groups to ensure smooth execution. To complement this, the Presidential Food Systems Coordinating Unit (PFSCU) will support by facilitating a rapid assessment next month across the five key shea-producing states and among processors and traders.

Plans are underway for a potential Anthony Joshua vs Martin Bakole heavyweight blockbuster fight in Nigeria in 2026, as top Nigerian promoter Dr. Ezekiel Adamu pushes to bring one of the sport’s biggest events to Africa.

Following his IBF world heavyweight title defeat to Daniel Dubois at Wembley Stadium in September 2024, former two-time world champion Anthony Joshua is gearing up for a comeback and Nigeria could be the stage for his next big fight.

Adamu Confirms Talks with Anthony Joshua’s Camp

Dr. Adamu, the CEO of Balmoral Group Promotions, who recently staged the successful ‘Chaos in the Ring’ boxing event in Lagos in partnership with Amir Khan, confirmed that discussions are already underway to bring Joshua home for a landmark bout.

‘It was an amazing success, a new opening for boxing in Africa,’ Adamu told Sky Sports.

‘The reception has been great from the locals, the boxing world, and the government as well.’

Adamu revealed that talks are ongoing to secure Anthony Joshua’s fight in the first quarter of 2026.

‘We’ve had a preliminary conversation, and we’ll keep going,’ Adamu said.

‘We all know AJ has always said he wants to fight in Africa before the end of his career, and we believe Nigeria is the best story. With over 250 million people and a strong economy, Nigeria is the heartbeat of Africa, and we’re ready to make it happen.’

Adamu also acknowledged Bakole as one of several possible opponents being considered.

‘He’s definitely an option,’ he said. ‘There are a lot of names on the table for this particular fight, but we want something that will excite the world and bring real sporting energy to Africa, especially Nigeria.’

Bakole Keen to Face Anthony Joshua in ‘Rumble in the Jungle II’

One of the frontrunners to face Joshua is Congolese heavyweight Martin Bakole, a former sparring partner of the British-Nigerian star. Bakole, who has shared the ring with Joshua in training camps, is eager to make the fight happen.

‘I’d take the fight with Anthony Joshua in a heartbeat,’ Bakole told Sky Sports. ‘We’re both African fighters, and now we’re seeing boxing return to Africa. If we get in the ring, I’ll knock him out, even in front of his home crowd in Nigeria. This would be the Rumble in the Jungle II.’

The Federal Government has reconstituted and inaugurated the Mahmud Yayale Ahmed Federal Government Tertiary Institutions Expanded Negotiation Committee to accelerate ongoing discussions with academic and non-academic unions across universities, polytechnics, and colleges of education.

Speaking at the meeting, Maruf Tunji Alausa, Minister of Education, said the new committee was designed to harmonize all negotiation processes under one coordinated framework that reflects institutional memory and sector-wide inclusiveness.

According to a statement signed by Boriowo Folasade, Director, Press and Public Relations, the minister was joined by Mohammed Maigari Dingyadi, Minister of Labour and Employment, and Suwaiba Sai’d Ahmed, Minister of State for Education.

Alausa explained that, unlike previous fragmented negotiations , the expanded committee will engage all unions collectively to achieve a comprehensive and sustainable agreement. ‘The membership of the committee has been carefully chosen to represent the full spectrum of the education sector, ensuring that no group is left behind,’ he said.

The Minister disclosed that the committee has been provided with a well-equipped and functional secretariat to enable it to carry out its mandate effectively, adding that its inaugural meeting will hold at 2 p.m Tuesday 7th of October. He urged all academic and non-academic unions to cooperate fully and respond promptly to the committee’s engagements.

According to him, President Bola Ahmed Tinubu has given full political backing to the process, with a clear directive that all negotiations be concluded swiftly, fairly, and in the spirit of mutual respect. ‘President Tinubu’s mandate is that all our children must be in school. This is renewed hope in action,’ Alausa emphasised.

He expressed appreciation to all unions for their patience and commitment as the government works toward a final and comprehensive agreement.

In his remarks, the Minister of Labour and Employment, commended the Ministers of Education for their exemplary leadership and inclusive approach in the ongoing negotiation process. He emphasised that true and lasting peace can only be achieved when all stakeholders are involved, noting that excluding any party would only breed division and undermine collective progress.

He further urged members of the expanded committee to act as impartial reconciliators, upholding justice, fairness, and stability while mediating between employers and employees. The Minister reminded them that their early participation will ensure effective implementation of the final agreements, fostering transparency and mutual understanding.

He called for dedication to the process and continuous engagement with all parties, acknowledging both the limitations of government and the legitimate concerns of workers. Reaffirming President Bola Ahmed Tinubu’s commitment to fair and lasting resolutions, he stressed that dialogue, consultation, and open communication remain vital to preventing future industrial actions and ensuring sustained peace and progress in the education sector.

Responding on behalf of the committee, Mahmud Yayale Ahmed, the chairman, expressed gratitude to the Federal Government for the confidence reposed in them to steer such a crucial national assignment.

He assured that the committee will approach its task with openness, inclusiveness, and integrity, listening to all stakeholders, fostering trust, and working toward agreements that promote industrial harmony and strengthen the nation’s tertiary institutions.

He pledged that the committee will not only negotiate but also ensure that the recommendations and agreements reached are practical, realistic, and capable of sustaining long-term peace and productivity within the education sector.

Lucky Iraboro, the former chief of defence staff (CDS), has described the March 2022 Abuja-Kaduna train terrorist attack as the most difficult and emotionally draining experience of his military career.

Speaking on Politics Today, a Channels Television programme, on Monday, the retired general said the incident tested the limits of Nigeria’s security architecture and demanded the full weight of his experience as the nation’s top defence officer.

‘For me, during the time I was CDS, the security situation around the country was most troubling.

‘I think the most challenging was the incident involving the train abduction, which added to the dynamics of the challenges we were facing at the time. All the experiences one had prior to that time were deployed to ensure those who were abducted were rescued’, Irabor said.

The former defence chief recalled how the Defence Headquarters had to mobilise extensive resources, coordinate multiple security agencies, and devise complex rescue operations to secure the release of passengers kidnapped during the train attack.

Irabor said the experience not only tested the nation’s resolve but also deepened his appreciation for the courage of troops confronting insecurity in different parts of the country.

The March 28, 2022 attack shocked the nation when terrorists bombed the rail tracks and opened fire on passengers travelling from Abuja to Kaduna.

Dozens were killed, several others sustained injuries, and at least 61 passengers were abducted.

The victims were eventually released in batches, with the last group regaining freedom about seven months later.

Beyond the train attack, the retired general highlighted ongoing counter-insurgency efforts in the North-East and protection of oil infrastructure in the Niger Delta as other major priorities during his tenure.

‘Beyond that, the North-East operation was deep in my mind. Having served a greater part of my career there, I felt a need to return to ensure that operations were conducted effectively without losing our teams,’ he said.

He also stressed that safeguarding oil production was vital to sustaining the country’s economic stability.

Reflecting on life after active service, Irabor said retirement has offered him the freedom to pursue personal passions and intellectual work.

He noted that his experiences in uniform inspired his book, Scars: Nigeria’s Journey and the Boko Haram Conundrum, which explores the country’s prolonged struggle with terrorism.

The 2022 train attack triggered widespread outrage and renewed calls for stronger intelligence coordination and enhanced railway security.

Two years later, in January 2024, the Nigeria Police Force announced the arrest of one Ibrahim Abdullahi, also known as ‘Mande,’ the alleged mastermind of the attack.

According to then police spokesperson Olumuyiwa Adejobi, Abdullahi was arrested by the anti-kidnapping unit of the Kadu Chna State Criminal Investigation Department (SCID) and confessed to leading a notorious kidnapping syndicate that had terrorised the Kaduna-Abuja highway.

Irabor served as Nigeria’s Chief of Defence Staff from January 2021 to June 2023 under the administration of former President Muhammadu Buhari.

The Foreign Exchange (FX) market, now reaching nearly $10 trillion in daily turnover, is the world’s largest and most liquid financial market, but remains vulnerable to shocks, according to a new report by the International Monetary Fund (IMF).

This warning was published in a blog post entitled ‘Economic Uncertainty Can Test the Resilience of the Foreign Exchange Market’, co-authored by Andrea Deghi, Mahvash S. Qureshi, and Tomohiro Tsuruga, all experts in the IMF’s Monetary and Capital Markets Department.

The IMF emphasised that the FX market underpins global trade and finance, but its structure is evolving. Nonbank financial institutions (NBFIs) are playing an increasingly central role in managing currency risk and accessing foreign funding.

Due to its centrality in the international financial system, the FX market is highly sensitive to macroeconomic changes and policy uncertainty. The IMF’s analysis, featured in the Global Financial Stability Report, shows that rising global uncertainty typically boosts investor demand for safe-haven assets like the US dollar, leading to increased volatility and liquidity strains.

For instance, during the March 2020 COVID-19 shock, dollar purchases by non-US residents surged by 24 percentage points in response to heightened financial uncertainty, measured through expected swings in US stock prices. This spike in safe-haven demand was particularly strong among NBFIs, whose activity can support liquidity during normal times but may amplify fragility during stress episodes.

Periods of uncertainty often trigger sharp currency swings, wider bid-ask spreads, and rising hedging and funding costs. These dynamics are captured using the ‘cross-currency basis,’ a key stress indicator that reflects the cost of currency swaps. The impact tends to be more severe in emerging markets, which often lack deep dollar liquidity and robust financial infrastructure.

Recent geopolitical and policy shifts such as evolving trade tensions and supply chain changes have further tested market resilience. Following US tariff announcements in April, for example, nonresident demand for dollars increased, though less dramatically than during earlier shocks. Cross-country trading patterns also diverged, with some economies shifting to net dollar selling. Notably, hedging demand from nonresident NBFIs remained strong and persistent, signaling evolving market responses.

Stress in FX markets doesn’t remain contained. Rising funding and hedging costs can spill over to other asset classes, affecting yields and risk premiums in equities and bonds. These conditions can also strain financial institutions’ intermediation capacity, tightening overall financial conditions and increasing systemic risks.

Such spillover effects are particularly intense in economies with high macro-financial vulnerabilities, such as elevated public debt or significant foreign currency exposures across financial institutions.

Beyond economic shocks, FX markets are also vulnerable to operational disruptions, including cyberattacks, system outages, and settlement risks, the failure of one party to fulfill its side of a currency trade. The IMF notes that even short outages on trading platforms can severely impair market liquidity. Settlement risk is especially pronounced in emerging and developing markets that lack access to mechanisms like real-time simultaneous settlement systems.

Despite its deep liquidity, the FX market remains exposed to multiple forms of stress. The IMF calls on policymakers to strengthen market surveillance and address systemic risks more proactively. Enhanced stress testing and scenario analysis are critical for identifying vulnerabilities, especially in funding channels.

Authorities should also close existing data gaps, ensure adequate capital and liquidity buffers in financial institutions, and establish strong crisis management frameworks for swift responses to shocks.

Operational resilience must also improve, the IMF urges, through greater investment in cybersecurity and contingency planning to protect critical market infrastructure. Broader adoption of simultaneous settlement systems could reduce settlement risk. Additionally, modernising trading platforms can help lower transaction costs, reduce volatility, and enhance reliability.

By advancing comprehensive surveillance, strengthening institutional safeguards, and embracing digital innovation, the FX market can be better positioned to support global financial stability.

Polkadot news is turning heads as its community backs a new algorithmic stablecoin proposal, while Solana (SOL) price analysis highlights potential gains from ETF approvals and network upgrades. Yet, among these top crypto assets, one project continues to capture mainstream attention: BlockDAG. The Layer 1 hybrid blockchain-DAG network has extended its dominance through global visibility and institutional traction.

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Polkadot’s Push into Stablecoin Expansion

Recent Polkadot news reveals an ambitious step toward ecosystem expansion with the community’s approval of pUSD, a DOT-backed algorithmic stablecoin. This proposal, supported by the Polkadot Treasury and parachain teams, marks a crucial move to stabilize on-chain liquidity and expand cross-chain interoperability. Analysts believe the introduction of pUSD could reframe DOT’s utility, allowing developers to integrate stable assets directly into decentralized applications.

Currently, DOT hovers near $6, reflecting investor patience as the stablecoin framework unfolds. The move signals a new era for Polkadot’s ecosystem, potentially positioning it alongside leading DeFi infrastructures. However, DOT’s future trajectory still depends on execution timelines and adoption rates. While it remains a top crypto asset for long-term holders, momentum investors might find BlockDAG’s tangible ecosystem growth-anchored by real-world integrations and visibility-more immediately rewarding than Polkadot’s governance-driven roadmap.

Solana’s Price Analysis: ETF Talks Fuel Institutional Hopes

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BlockDAG’s CLAIM Bonus Powers Institutional Trust

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