Taiwo Oyedele, Minister of Fi­nance and Coordinating Min­ister of the Economy, has said Nigeria’s next major economic challenge is to translate gains from ongoing reforms into jobs, higher household incomes and improved living standards for citizens. Oyedele, who spoke at Cha­tham House in London, said while the country had recorded progress in economic stability, the ultimate measure of success would be whether Nigerians could afford food, businesses could thrive and young people could secure decent jobs. In a post on his official X han­dle, he said Nigeria’s economic re­form efforts must deliver tangible benefits to households and busi­nesses, stressing that macroeco­nomic stability should serve as a foundation for inclusive growth rather than an end in itself.

Lagos State governor, Babajide Sanwo-Olu, has acknowledged the support of President Bola Tinubu’s administration to the state but said the Federal Gov­ernment could do more, given Lagos’ historical significance and contribution to Nigeria’s economy. Sanwo-Olu spoke at the week­end during the Financial Times Africa Summit in London, where he was asked whether Tinubu, a former governor of Lagos State, was doing well for the state and what more he ex­pected from Abuja. Responding, the governor said the Federal Government had made significant contribu­tions to Lagos through infra­structure projects and reforms in the electricity sector, but stressed the need for greater support.

The Socio-Economic Rights and Accountability Project (SERAP) has instituted a lawsuit against the Federal Government at the ECOWAS Court of Justice over alleged financial irregularities involving more than N78.8 billion allocated to social intervention programmes. The suit concerns allegations of fund diversion, questionable spending and failure to account for the money involving the Ministry of Humanitarian Af­fairs and Poverty Reduction, the National Cash Transfer Office (NCTO) and the National Social Safety Nets Coordinating Office (NASSCO). SERAP is seeking account­ability over the handling of the public funds and the circumstanc­es surrounding the alleged finan­cial discrepancies.

The Nigeria Centre for Disease Control and Prevention (NCDC) says it has iden­tified two additional suspected cases of Ebola virus disease and expanded to 53 primary contacts following the con­firmed case in the Federal Capital Ter­ritory (FCT). It also has commenced a 21-day mon­itoring of people who may have been exposed to Nigeria’s confirmed case of Ebola disease in the FCT, as it intensifies efforts to prevent further transmission. The NCDC Director-Gener­al, Dr. Jide Idris, disclosed the increase in contacts being mon­itored during a press briefing on Sunday, explaining that health officials were identifying addi­tional people who might have been exposed to the patient and tracing secondary contacts to establish the extent of possible exposure.

Nigeria’s improving foreign reserves, elevated real interest rates and stronger oil prices have put the naira on the radar of international investors, but Deutsche Bank has identified mounting fiscal risks, particularly heavy government bond sales and anticipated spending ahead of the January elections, as the principal threat to the currency. The warning, according to a report by analysts at SBM Intelligence, high­lights a growing dilemma for Nigeria’s economic managers: while improved ex­ternal buffers and attractive yields could support further naira appreciation, the Federal Government’s substantial do­mestic borrowing requirements may undermine the very stability needed to sustain investor confidence.

Lagos State has intensified disease surveillance, airport preparedness and public health communication following con­firmation of an imported case of Ebola disease caused by the Bundibugyo virus in Abuja, while reassuring residents that no suspected case has been iden­tified in the state. The Lagos State Ministry of Health, through its Directorate of Epidemiology, Biosecurity and Global Health, said it was strengthening measures to prevent, detect and respond to potential public health threats, with particular attention to ear­ly detection and coordination among relevant agencies.

The Federal Government has disbursed ₦38.93 billion to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund. The disbursement covers 79 universities, 46 polytechnics and 41 colleges of education to support approved projects aimed at addressing infrastructure gaps and improving teaching and learning facilities across the institutions. Efe Ovuakporie, Head of Media, Federal Ministry of Finance, in a statement weekend, said the university component accounts for ₦28.5 billion for 79 institutions, while 46 polytechnics have allocations totalling ₦5.8 billion. The 41 colleges of education are allocated ₦4.7 billion.

The Anambra State Police Command has arrested one Chima Ofoeke, in connection with the suspected murder of 23-year-old Mmesoma Umeorini in Uga, Aguata Local Government Area of Anambra State. The arrest followed a report by Mmesoma’s mother to the Divisional Police Officer (DPO), Umuchu Division, that her daughter had been missing since 16th October 2026, despite efforts to establish her whereabouts.

A Lagos State High Court, last Thurs­day, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in favour of United Bank for Africa Plc. The bank alleged Vitol of wrongful release of cargoes of petroleum products which were consigned to the order of United Bank for Africa Plc in the Bills of Lading.