General
Nigeria’s Economy Will Suffer Setbacks in 2020—Prophet Iginla
By Modupe Gbadeyanka
**South Africa to Experience Boom
Abuja-based cleric, Prophet Joshua Iginla, has predicted that Nigeria’s economy will suffer setbacks in 2020. The seer made this disclosure in his New Year 44 prophetic release made available to Business Post on Sunday.
Prophet Iginla, who is one of the leading prophetic voices in the country, said in the message that he sees “a lot of hardship,” noting that, “It will take God’s intervention to see what we desire to see.”
The Shepherd in charge of Champions Royal Assembly, who is noted for his accurate predictions in the past, also strongly warned local authorities on the issue of Biafra agitation, which he said if not handled carefully, could cause huge international embarrassment for the country.
Below are his 44 prophetic release.
1) The government of the day will do her best to see how to improve the life of the common man, but I see a lot of battles.
2) The economy will suffer a lot of setbacks. I am not a prophet of doom, but I see a lot of hardship. It will take God’s intervention to see what we desire to see.
3) God’s hand is upon Nigeria. We are passing through a process and we are still in incubation period. It will take time for us to see that which we desire as a nation.
4) We have to pray because of what I saw. I hope we don’t experience a reoccurrence of what we have been delivered from in the past.
5) I see another kind of terrorism that is not good and it’s coming from the region we least expect in this county.
6) We have to pray for the security of families and lives in 2020. What I mean is a resurface of other kinds of attacks that are not too good. The God that we serve will deliver us in Jesus name.
7) I see a mighty protest that will erupt this year from an angle we least expect. It’s going to be very strong. It’s a massive protest and I see a counter protest to this massive protest. We have to pray strongly that God in his infinite mercy should help and keep Nigeria safe in the midst of these storms.
8) The government of the day will try all her best to handle a lot of things, but we have to pray for our leaders for them not to be overwhelmed by these battles.
9) We have to pray for a serving Governor to complete his tenure because of a health issue he is currently battling with.
10a) I am not a prophet of doom, but I must tell you the truth. We have not seen the end of the Biafra agitation. This year, it will take another turn and continue to grow like that.
10b) Still on the Biafra movement, it would not die. From 2020 to 2022, we will see a dimension that will be very strategic. A lot of you will ask me why is he always talking about Biafra. It’s because of what I am seeing. It won’t die at all. This battle will carry another dimension internationally and not locally and the young man at the centre of this thing will wax stronger with international presence. I see other people putting hands on his shoulder. If we don’t pray and do the needful with our Igbo brothers, there is going to be a time that things will fall apart. The only way to solve this is to do justice. I see a strong strategic battle so that a nation will not come out of a nation. I saw a wild lion and many other lions with the same features around him. Those in government should pray very well. There is going to be a lot of international embarrassment for Governors, Ministers, Senators and others. Some clothes will be torn and some beaten, it’s going to be bad. Let’s just pray and do the needful.
11) I see a nation coming out of a nation. I don’t know when and I don’t know how. We have to pray for the unity of this country.
12) There is going to be a time that even the military and police will not be able to stop the anger of some people. I pray that wisdom will be given to the government of the day to handle some situations and the grievances of some people in the part of this country.
13) The body of Christ in Nigeria will see an extreme tremendous and painful persecutions. It will come from quarters that we least expect. Brothers will betray brothers. In the midst of this storm, we pray for the body of Christ in Nigeria to be one in Jesus name.
14) Before the end of the tenure of this ruling party, there is going to be disaffection, disunity and I see a party splitting out of a party.
15) I see power brokers not being able to hold themselves because of ambitions. It’s going to be very tough.
16) This year is the year that the political seed of confusion will be petted. We have to pray for those great leaders that we have. In this nation to have a single mind as we run.
Is there hope for Nigeria? Yes!
17) I see a new Nigeria rising up but it’s going to be in God’s own way.
18) Political grandfathers will not be able to ascertain or solve the puzzle of Nigeria.
19) In the midst of this year and next year, we will know our bearing and many confused politicians will see the light and know that this is the hand of God. People will know that God loves Nigeria and not a man that loves Nigeria.
20) Nigeria should pray about the airspace because of unpleasant attack.
GHANA
21) Top politicians in Ghana will face a lot of battles.
22) That is, many of them will go to jail.
23) There will be a lot of trials for the President of Ghana. He has to be very careful because I see some expensive mistakes that might come from some cabals who are loyal to him and that can be an expensive media attack so that they don’t truncate his second term ambition.
24) The former president of Ghana, I foresee an attack and I pray the Lord will deliver him from that. I meant an attack and it’s not even spiritual but physical before the election. We should pray to avert this and I declared it will be averted in Jesus name.
25) Thus, we will be fasting for that between January 8 and 9, 2020.
26) Togo re-election! I see an election that will come and the opposition will not be satisfied with, but it will be peaceful. It’s the after effect of the election we should pray about.
27) The person sitting on the throne will still be there. The other private things, I have already said that to him.
28) Let’s us pray because I see a lot of confusion after the election. We have to pray for the nation of Togo. All my concern is peace.
29) South Africa is going to experience a boom in their economy.
30) And there is going to be a lot of downpour this year.
31) And there is going to be restoration of lost glory when it comes to issues of legacies that have been laid down by ruling forefathers.
32) I see a lot of restoration that will come.
33) South Africa will experience boom of prosperity but there will still be xenophobic attack. We pray it will not resurface again this year in Jesus name.
34) We have to pray for peace for Malawi.
35) We should pray not to have a rerun in their election.
36) I see a lot of battles after the court declaration which we have to pray about.
37) Malawi is God’s own nation and the hand of God is upon that nation. The truth is Malawi is about to experience a new dispensation of glory and there is no mortal man that can stop it. But before that, I see a lot that we have to pray about and Malawians have to pray. We prophesy peace even after the court declaration in Jesus name.
38) The great president of Gabon should be careful because there are lots of people around him who wish him dead. He meant well for the nation of Gabon. We have to pray for him.
39) I have set forth the 3rd and 4th of January, 2020 for fasting and prayer for him. God will preserve him but we have to pray for him strongly. I see the candle light burning but God will keep him.
40) The nation of Kenya has to pray very well in terms of their security. I see mischievous people with mischievous plan trying to cause bomb blasts at sensitive places. We will put that in prayer from 10th-11th of January 2020.
41) There is going to be a strong protest in the nation of Cameroon against the leadership and this can be very bad. I saw an aggression that can cause a blood bath. It’s not a conventional protest but a very strong one. I am not a prophet of doom. God revealed to redeem. We are praying that this should be reversed in Jesus name.
42) President Trump will go through all the saga. It will be tough but he will come out of it and it will make him very popular.
43) The ruling party in Ghana should not underestimate the former president contesting on the platform of opposition. There is a star on his head.
44) Zambia. I see the economy of Zambia growing stronger and better than it has ever experienced. You can call it a miracle or wonder but it will further make the president popular. I see a strong spiritual revival that will move through the land because of the cry of the brethren.
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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