NFM Weekly Digest: News Shaping the Week

Favour Etinosa

Photo source: Dreamstime
Photo source: Dreamstime
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Summary

This week, Mo Abudu was honoured by TIME, the UK Supreme Court ruled on gender and legal definitions, Nigerians were scammed by the CBEX Ponzi scheme, a harmful rape-related myth was debunked, and Nigeria advanced African trade by submitting its ECOWAS Tariff Offer.

Catch up on the top stories making headlines this week from global recognitions to landmark rulings and national economic moves.

  1. Mo Abudu Named Among TIME’s 100 Most Influential People of 2025

Mo Abudu, Nigerian filmmaker and CEO of EbonyLife Group, has been named among Time Magazine’s ‘100 Most Influential People of 2025.’ The annual list recognises individuals making extraordinary impacts across industries and cultures, further solidifying Abudu’s status as a global force in media and storytelling.

  1. Transgender Males Not Women– UK Supreme Court Rules

In a landmark judgment, the UK Supreme Court ruled that transgender males, even those with a Gender Recognition Certificate are not legally women under the Equality Act 2010. The decision clarifies that “woman” and “sex” refer exclusively to biological sex, legally permitting single-sex services to exclude trans males.

  1. All You Need to Know About CBEX Ponzi Scheme That Scammed Nigerians

The collapse of CBEX has left thousands of Nigerians financially devastated. Like previous Ponzi schemes, CBEX lured victims with promises of unrealistic returns. This incident underlines the urgent need for stronger financial literacy, tighter regulations, and a collective skepticism toward too-good-to-be-true offers.

  1.  Contrary to X user claim, 54% of women don’t ejaculate during rape

A viral claim stating that “54% of women ejaculate during rape” is both scientifically inaccurate and harmful. No peer-reviewed research supports this statistic, and framing such misinformation perpetuates victim-blaming narratives that silence and shame survivors.

  1. Nigeria Strengthens African Trade Leadership with ECOWAS Tariff

Nigeria has submitted its ECOWAS Tariff Offer at the AfCFTA Council of Ministers meeting in Kinshasa. The offer includes zero duties on 90% of goods traded across Africa. Minister Jumoke Oduwole hailed the move as a strategic step for economic growth and continental trade expansion.

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