Lagos sets December 31 deadline for residents to obtain health insurance

The Lagos State Government has set December 31, 2026, as the deadline for residents to obtain health insurance, warning that enforcement of the compulsory coverage policy will begin on January 1, 2027.

Governor Babajide Sanwo-Olu announced the deadline on Tuesday while launching the enforcement of mandatory health insurance under Executive Order EO/BOS/01 of 2024.

According to a statement issued by the Office of the Special Adviser to the Governor on Media and Publicity, Sanwo-Olu also introduced the Lagos Private Health Plans to provide insurance coverage for salaried employees and corporate organisations.

The new plans are expected to complement the existing Ilera Eko scheme, which caters to vulnerable residents and people working in the informal sector.

“Governor Sanwo-Olu gave every resident until 31 December 2026 to obtain insurance cover, with enforcement commencing on 1 January 2027,” the statement said.

Speaking at an event in Victoria Island attended by government officials, healthcare professionals and stakeholders from the public and private sectors, the governor said the policy was designed to ensure that all Lagos residents could access quality medical services without facing financial difficulties.

He explained that the executive order was not merely intended to compel enrolment but to guarantee wider access to healthcare through insurance coverage.

“The ultimate objective of the Executive Order went beyond enforcement. It was to ensure that every Lagos resident was covered by health insurance and could access quality healthcare services without suffering financial hardship,” he said.

The statement added that individuals, employers and workers were all required to participate in the social health insurance system, with the executive order outlining specific responsibilities for residents, businesses and the government.

He explained that while Ilera Eko was designed for vulnerable groups and informal-sector workers, the newly introduced private health plans would cater to salaried employees and employers.

The governor also urged employers to treat workers’ healthcare as an essential business expense, just like pension contributions and other statutory employment obligations.

On emergency treatment, Sanwo-Olu stressed that healthcare providers must not deny patients urgent medical attention because they lacked money or insurance coverage. He said patients must first be stabilised before payment or insurance issues were considered.

He disclosed that 21 health maintenance organisations had agreed to participate in the new plans, describing the arrangement as a collaboration between the government and private-sector operators to widen insurance coverage and improve healthcare delivery.

Sanwo-Olu also appealed to medical professionals considering leaving Nigeria to reconsider, arguing that improved healthcare financing could help strengthen the sector and create a more sustainable environment for practitioners.

Speaking at the event, the Lagos State Commissioner for Health, Prof. Akin Abayomi, said the rising cost of healthcare had been driven partly by advances in medical technology, including artificial intelligence, robotics and modern diagnostic equipment.

He emphasised the need for an inclusive and sustainable health insurance system to shield residents from escalating medical bills while ensuring access to quality services.

Abayomi described the initiative as a significant change in healthcare financing, noting that the heavy reliance on out-of-pocket payments placed considerable pressure on households and healthcare facilities.

Earlier, the Chairman of the Lagos State Health Management Agency, LASHMA, Dr Adebayo Adedewe, disclosed that the state government had raised its Health Equity Fund from N1bn to N3bn to extend insurance coverage to more than 500,000 vulnerable residents unable to afford the required premiums.

He said the agency would continue to increase enrolment, intensify public awareness and ensure that the policy translated into accessible healthcare services across the state.

Adedewe added that LASHMA had expanded its community engagement efforts through radio campaigns, billboards, digital advocacy and partnerships with traditional rulers, market associations, transport unions and other grassroots organisations.

TotalEnergies Completes $800 Million Divestment Deal In Nigeria

TotalEnergies says its subsidiary TotalEnergies EP Nigeria has completed the divestment of its 10 per cent non-operated interest in the Renaissance JV licenses to Vaaris for an aggregate amount of US$ 800 million.

TotalEnergies, however retains full economic interest in the three gas licenses of the Renaissance JV (OML 23, OML 28 and OML 77), which currently account for 50 per cent of Nigeria LNG gas supply.

TotalEnergies has been present in Nigeria for more than 60 years and employs today more than 1,800 people across different business segments.

Nigeria is one of the main contributing countries to TotalEnergies’ hydrocarbon production with 188,000 boe/d produced in 2025.

TotalEnergies also operates an extensive distribution network which includes about 540 service stations in the country.

In all its operations, TotalEnergies is particularly attentive to the socio-economic development of the country and is committed to working with local communities.

The Company a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity.

FirstBank Partners Google Pay To Expand Digital Payment Options for Cardholders

 FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced the integration of Google Pay for eligible cardholders, enabling access to the global digital wallet platform. This milestone reinforces the Bank’s commitment to delivering secure, convenient, and innovative payment solutions that meet the evolving needs of today’s digitally connected customers.

The integration allows eligible FirstBank cardholders to add their cards to Google Pay and make seamless, contactless payments using compatible devices at supported payment terminals worldwide. Customers can also enjoy the convenience of faster checkout experiences while benefiting from the robust security features built into Google Pay.

As consumer adoption of digital payment technologies continues to grow, FirstBank remains at the forefront of innovation by providing solutions that simplify everyday banking and empower customers with greater flexibility in how they transact locally and internationally.

Speaking on the development, Abednego Ugwueke, Group Head, e-Business and Retail Products, FirstBank, said: “At FirstBank, we are constantly evolving our digital capabilities to deliver banking experiences that are simple, secure and aligned with the lifestyle of our customers. The integration of Google Pay is another significant step in our digital transformation journey, providing eligible cardholders with a seamless and globally accepted payment solution that enables them to make purchases with confidence wherever Google Pay is accepted. As Nigeria’s leading financial institution, we remain committed to bringing world-class innovations to our customers, connecting them to the best global payment technologies while ensuring the security, convenience and reliability they have come to expect from FirstBank.”

The launch of Google Pay complements FirstBank’s robust suite of digital banking channels and payment solutions, including LIT App, FirstMobile, FirstOnline, FirstDirect, and its wide range of payment cards. It also underscores the Bank’s continued investment in technology-driven solutions designed to enhance customer experience and drive financial inclusion.

By enabling Google Pay for eligible cardholders, FirstBank further strengthens its position as a leader in digital banking innovation, providing customers with more ways to make secure, convenient and contactless payments while supporting the transition to a digitally empowered economy.

NGX Group Posts ₦20.6 Billion Nine-Month Profit as Digital Access Boosts Transaction Revenue

 Nigerian Exchange Group Plc (NGX) has reported a profit before tax of ₦20.6 billion for the nine months ended 30 September 2026, representing an increase of 83.3% from ₦11.2 billion recorded in the corresponding period of 2025.
Profit after tax rose by 86.4% to ₦14.7 billion, compared with ₦7.9 billion in the prior-year period. The nine-month result already exceeds the Group’s full-year 2025 profit after tax of ₦10.5 billion by 40%, with the final quarter of 2026 still to be reported.

Financial Performance
Gross earnings increased by 64.8% to ₦29.6 billion from ₦17.9 billion, while revenue rose 79.8% to ₦27.3 billion from ₦15.2 billion.
Transaction fees, the Group’s largest revenue line, more than doubled to ₦20.7 billion from ₦9.7 billion, an increase of 112.4%. Listing fees rose 24.4% to ₦3.7 billion from ₦3.0 billion.
Operating expenses increased by 56.8% to ₦14.7 billion from ₦9.4 billion. However, because total income grew faster than operating costs, operating profit rose 73.5% to ₦14.9 billion from ₦8.6 billion. The cost-to-income ratio improved to 49.7% from 52.3%, a reduction of 2.6 percentage points.
Earnings per share stood at ₦5.33 for the period, reflecting the enlarged share base following the 1-for-3 bonus issue approved by shareholders in April 2026. The 2025 comparative earnings per share was restated at ₦2.68.

Digital Participation Drives Growth
The Group attributed the strong increase in transaction revenue to higher trading volumes and a broader investor base, particularly the growing number of retail investors accessing the market through digital self-service channels.
These channels now support activities ranging from account opening to order execution on platforms connected to the Exchange. NGX Group said the expansion of digital access has enabled more Nigerians to participate in the capital market more frequently.
Listing fee growth reflected continued capital-raising activity and new admissions to the market.

Investor Wealth Creation
The results coincided with significant value creation across the Nigerian equity market. As at 30 September 2026, the NGX All-Share Index had gained 61.43% year-to-date.
Equity market capitalisation increased by 64.12%, rising from ₦99.38 trillion at the end of December 2025 to ₦163.10 trillion. This represents an increase of ₦63.72 trillion in the value of listed equities held by retail investors, pension funds, and institutional investors.
Investment in Capacity and Infrastructure
NGX Group said its cost growth reflected deliberate investment ahead of the next phase of market development.

Key areas of investment include

People – strengthening capabilities in technology, market surveillance, product development, and investor engagement.
Market infrastructure- upgrading physical and operational facilities to support market resilience and continuity.
Market development- investor education, issuer engagement, and African partnerships aimed at broadening the Exchange’s reach.

The Group said these investments support its technology roadmap, including platform modernisation, data services, and expanded digital access. Management expects these initiatives to generate further operating leverage as trading volumes scale.

Strategic Investments and Balance Sheet
Share of profit from equity-accounted investees increased by 69.6% to ₦5.7 billion from ₦3.4 billion, driven primarily by Central Securities Clearing System Plc (CSCS).
As at 30 September 2026, NGX Group’s total assets stood at ₦79.1 billion, while shareholders’ equity was ₦61.1 billion.
Shareholders received ₦8.2 billion in dividends during the period, an increase of 86.7%, in addition to the 1-for-3 bonus issue approved in April 2026.

The Group Chairman, Alhaji (Dr.) Umaru Kwairanga, said the results demonstrated the capacity of a well-governed and strategically focused market institution to deliver as Nigeria’s capital market deepens.
“Our priority as a board has been to ensure that the capital market grows in terms of products, listed companies and investor participation, and that the growth is matched by disciplined cost allocation to investments that strengthen the market’s foundations,” he said.
“We are focused on returning optimal value to our shareholders through consistent robust dividends and bonus issues in tandem with the market and the company’s growth.”
Group Managing Director and Chief Executive Officer, Temi Popoola, said increasing digital participation had more than doubled transaction revenue and created tangible wealth for investors.
“More Nigerians are investing, and more of them are doing it digitally,” he said. “We are investing ahead of that curve, in our people, our infrastructure and our technology roadmap, so that the market can absorb the next wave of investors efficiently and securely.”
He added that the Group’s priorities for the remainder of the year and beyond include scaling its platforms, deepening market data and digital access, and expanding partnerships across Africa.
We shamed them in Kaduna, Tinubu welcomed in north – Presidency fires at ADC, others

 We shamed them in Kaduna, Tinubu welcomed in north - Presidency fires at ADC, others Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said the All Progressives Congress, APC, presidential campaign in Kaduna State has shamed the president’s critics.

Onanuga said the campaign had exposed what he termed “bad belle” opposition leaders who were against Tinubu.

Posting on X, Onanuga said the campaign showed that critics were wrong in saying Tinubu isn’t accepted anywhere in the North.

He wrote: “Unforgettable moments from the start of the APC presidential campaign in Kaduna.

“The show of support bothers the ‘bad belle’ ADC opposition leaders, who spread the false idea that President Tinubu wouldn’t be welcome in any part of northern Nigeria.

“Kaduna put them to shame. Thanks, Governor Uba Sani, for the colorful show.

The APC campaign in Kaduna over the weekend received mixed reactions from Nigerians.

Some Nigerians claimed the people in the crowd at the campaign event were paid to be there.

2027: Shettima Attacks Atiku, Peter Obi over fuel subsidy, Nigeria’s economy

2027: Shettima Attacks Atiku, Peter Obi over fuel subsidy, Nigeria’s economyNigeria’s Vice President, Kashim Shettima, has launched a fresh attack on the presidential candidates of the African Democratic Congress, ADC, Atiku Abubakar, and the Nigeria Democratic Congress, NDC, Peter Obi, ahead of the 2027 presidential election.

Shettima, who spoke at the opening ceremony of the 32nd Nigerian Economic Summit in Abuja on Monday, said Atiku and Obi lacked the capacity to manage Nigeria’s economy.

Speaking specifically about fuel subsidy, Shettima said Nigeria had served as “Father Christmas” to other African countries during the petrol subsidy era.

According to him, the disparity between fuel prices in Nigeria and those in other African countries, including Benin Republic, Niger and Cameroon, was significant during the subsidy era.

“The comparison is wide. Nigeria was Father Christmas for other African countries,” he said.

Shettima argued that Atiku’s proposal on fuel subsidy showed that he lacked the skills required to govern Nigeria’s economy.

“So he doesn’t have the skill set to govern a modern economy. That’s a painful truth,” he said.

Speaking about Peter Obi, Shettima said the former Anambra State governor focused on statistics but had little to offer beyond them.

“I respect Peter Obi for having the courage to say he’s not going to restore the petrol subsidy, but beyond spouting some statistics, Mr Peter Obi has absolutely nothing to offer,” he said.

Kebbi Head of Service threatens sanctions over violation of official working hours

Malami ShekareThe Kebbi State Head of Service, Malami Shekare, has warned civil servants against habitual lateness, threatening disciplinary action against workers who fail to observe official working hours.

Shekare issued the warning on Monday during a monitoring exercise at the state secretariat in Birnin Kebbi, where he inspected workers’ arrival times alongside some permanent secretaries.

He expressed displeasure over the failure of some workers, including senior officers, to report to work at the stipulated time.

The Head of Service said punctuality was a basic obligation for all public servants, regardless of rank or position.

He warned that the government would not tolerate indiscipline that undermined productivity and effective service delivery.

Shekare urged workers to comply with official working hours and public service regulations, stressing that no officer would be exempt from disciplinary action because of seniority or position.

Turkey: Osimhen savours Galatasaray’s derby win over Fenerbahçe

OsimhenVictor Osimhen has celebrated Galatasaray’s hard-earned derby victory over Fenerbahçe,

Okan Buruk’s side defeated Fenerbahçe 2-1 in a thrilling intercontinental derby at the RAMS Park on Monday night.

Osimhen was the hero for the defending champions, grabbing a brace in the first half to help them secure an important victory.

Fenerbahçe reduced the deficit through İrfan Kahveci in the second half, but the hosts held firm to win the game.

Osimhen reckoned the win is crucial to Galatasaray’s title ambition.

“Winning derbies is crucial for becoming champions. We managed to win this big derby and get three points. We are happy because of the team, the performance, and the fans,” Osimhen told the club’s official website.

The 27-year-old has so far registered seven goals and three assists in eight appearances across all competitions for the Yellow and Reds this season.

Chief of Naval Staff praises security agencies , govt for maintaining peace in Abia

IMG 20261027 WA0004The Chief of Naval Staff, Vice Admiral Idi Abbas has praised security agencies in Abia State for their collaboration in crime fighting and maintenance of peace in Abia State.

He stated this on Monday at Owerrinta, Abia State during the commissioning of internal roads and operational facilities at Nigerian Navy College of Accounts and Finance.

Represented by the Flag Officer Commanding, Naval Training Command, Rear Admiral Ebiobowei Zipele, the Chief of the Naval Staff also thanked the Abia State government for its support to the Nigerian Navy and other security agencies.

Abbas pointed out that the collaboration between the Navy and the State government was vital to operational efficiency of Navy personnel serving in the State.

He stressed the importance of adequate security arrangements to protect the proposed Azumini Seaport project in Ukwa East LGA of Abia.

Abbas urged the College management to maintain the facilities and charged personnel to uphold discipline, accountability and integrity, adding that resources entrusted to the Navy belonged to the Nigerian people and must be managed responsibly.

In his speech , Governor Alex Otti appreciated the Nigerian Navy for its contributions to education, healthcare and community development, and expressed hope that the Navy would expand its educational activities in the state to include secondary and vocational institutions.

He stressed that investment in human capital equips the young people and reduces their involvement in criminal activities.

2027: Police assure Nigerians of adequate security during general elections ‎

‎2027: Police assure Nigerians of adequate security during general elections ‎The Nigeria Police Force has reaffirmed its commitment to ensuring adequate security for Nigerians to exercise their voting rights freely and peacefully during the 2027 general elections.

‎

‎The Jigawa State Commissioner of Police, CP Tijjani Murtala, gave the assurance while flagging off a five-day training programme on election security management for police officers at the Manpower Development Institute, Dutse.

‎

‎He said the training was aimed at equipping officers with the necessary skills and knowledge to discharge their responsibilities professionally and effectively during the elections.

‎

‎According to him, security remains a critical foundation for credible, free and fair elections, stressing the need for police personnel to ensure the safety of voters, electoral officials and other stakeholders throughout the electoral process.

‎

‎The commissioner urged participating officers to demonstrate professionalism, neutrality and respect for human rights while carrying out their election duties.

‎

‎He said the training, organised by the Jigawa State Police Command in collaboration with the Nigeria Police Trust Fund, is part of a nationwide programme themed “Role of Police Officers in Strengthening Electoral Security.”

‎

‎Speaking at the event, the Executive Secretary of the Nigeria Police Trust Fund, represented by Ibrahim Muhammad, said the initiative demonstrated the Fund’s commitment to strengthening the operational capacity and preparedness of police personnel ahead of the elections.

‎

‎Also speaking, the Managing Consultant, Umar Danladi Muhammad, said the training would equip officers with the knowledge required to maintain neutrality, professionalism and accountability throughout the electoral process.

‎

‎He explained that the programme would focus on election security management, conflict prevention, protection of fundamental human rights and the lawful handling of election-related incidents.

‎The programme was officially launched by the Inspector-General of Police, Olatunji Rilwan Disu, on October 22, 2026.