Nigeria Digest: Key Developments on August 1, 2025

The Independent National Electoral Commission (INEC) will begin the nationwide Continuous Voter Registration (CVR) with online pre-registration on August 18, 2025. INEC announced that online voter pre-registration will be accessible through its official portal, cvr.inecnigeria.org, and in-person registration will start a week later on August 25.

Enugu PDP stakeholders pledged their allegiance to the party and Governor Mbah, stating they would remain in the PDP regardless of the governor's future political decisions.

Leaders of a political coalition in Cross River State have vowed to unseat the All Progressives Congress (APC) in the 2027 elections, aiming to secure the future of the nation for generations to come.

President Tinubu urged social media influencers to promote national unity and verify information before sharing, during a summit on digital media's role in development.

An immediate past Director with the Federal Capital Territory Administration (FCTA) has been arrested by the police on allegations of fraud.

Five fraudsters were sentenced in Gombe State court for obtaining money under false pretenses; they were convicted of impersonation and cheating and ordered to repay over ₦2.9 million to their victims.

A Lagos court issued a temporary forfeiture order on a property owned by suspects allegedly involved in a N986 million fraud, pending further investigation by the Economic and Financial Crimes Commission (EFCC).

A 38-year-old Muslim prophet, Azeez Aboderin, was sentenced to two years in prison for fraudulently taking money from a woman under false pretenses.

Elvis Nosakhare, a Nigerian national residing in the United Kingdom, was sentenced to six years in prison for sexually assaulting the underage daughter of his girlfriend.

Two individuals, Abubakar Rabiu Wada (alias Sadiq Gali) and Abba Mohammed, were convicted and sentenced in a Borno State court for fraud and unlawful possession of 13 ATM cards, respectively.

Tola Ore, a Nigerian banker, was caught for using a remote-control device to attempt to steal £1.25 million from her bank in the UK.

The introduction of a 5% fuel surcharge in Nigeria is facing criticism from various sectors who argue that it will unfairly burden Nigerians and worsen the already high cost of living.

The Nigerian stock market experienced a significant surge in market capitalization in July 2025, driven by positive macroeconomic indicators, strong corporate earnings, and potential interim dividend payouts.

FCMB Group reported a ₦79.3 billion profit before tax for the first half of 2025, attributed to improved net interest income, asset yields, and growth in digital revenues.

Ecobank Group saw its profit before tax grow by 40% to ₦620.23 billion in the first half of 2025, driven by impressive revenue growth, disciplined cost management, and operational efficiency.

The Federal Government aims to increase crude oil production by 810,000 barrels per day from deepwater fields through a new cluster development initiative, with major discoveries like Bonga and Agbami leading the effort.

Nigerian nurses have suspended their nationwide strike following a closed-door meeting with the Health Minister, after the government addressed their concerns.

Five people were killed and five injured in two separate accidents on the Lekki-Epe Expressway, involving a van crashing into construction equipment.

Police in Delta State arrested a notorious kidnapper, Chiadiji Collins, and recovered an AK-47 rifle, disrupting criminal activities in the region.

Troops seized petroleum products worth N1.3 billion and arrested 285 oil thieves in July, as part of efforts to combat illegal activities.

The Federal Government approved N712 billion for the rehabilitation and modernization of Lagos Airport's Terminal One, expected to enhance aviation infrastructure.

Jigawa University secured N1 billion to establish an Innovation Hub, featuring labs and workshops to promote technological advancement and entrepreneurship.

Nigerian egusi seeds made history as the first African item launched into space aboard a SpaceX mission to the International Space Station.