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Mutual Benefits Pays ₦13.6bn Claims Amid Industry Reforms
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc, said it paid a total of ₦13.6 billion in claims to policyholders across its General Insurance and Life business segments in the first quarter of 2026, spanning January to March. The impressive payout underscores the company’s enduring commitment to prompt claims settlement, financial strength and the fulfilment of its […] The post Mutual Benefits Pays ₦13.6bn Claims Amid Industry Reforms appeared first on Business Today NG.
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Ibukun Awosika quits Cadbury Nigeria board after nearly two decades
Renowned business leader Ibukun Awosika has resigned from the Board of Directors of Cadbury Nigeria Plc after nearly two decades read more Ibukun Awosika quits Cadbury Nigeria board after nearly two decades
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Kenya’s inflation hits 2-year high as Middle East war fuels price pressures
Kenya’s inflation rose to a two-year high in April and is set to climb further, as fuel supply disruptions linked read more Kenya’s inflation hits 2-year high as Middle East war fuels price pressures
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USSD charges stay despite failures- ALTON
Gbenga Adebayo, the chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), has defended controversial telecom charges, saying read more USSD charges stay despite failures- ALTON
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UACN profit rises more than 4-fold on revenue expansion
UAC of Nigeria Plc reported a more than fourfold increase in profit after tax to N13.64 billion for the period read more UACN profit rises more than 4-fold on revenue expansion
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Nigeria demands action as xenophobic attacks resurface in South Africa
The Nigerians in Diaspora Commission(NiDCOM) has called on authorities in South Africa to act swiftly against those behind a fresh read more Nigeria demands action as xenophobic attacks resurface in South Africa
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FG pushes data-driven genetics reform to reset livestock productivity
The federal government has stepped up efforts to overhaul Nigeria’s livestock sector, with a renewed push to build a coordinated, read more FG pushes data-driven genetics reform to reset livestock productivity
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Can Africa shape the outcome of Rubio’s Western revival?
At the 2026 Munich Security Conference, Marco Rubio, US Secretary of State, framed global politics as a defining choice. Echoing read more Can Africa shape the outcome of Rubio’s Western revival?
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Nigeria firms risk tax breaks loss as disclosure rules raise costs
Nigerian companies benefiting from tax incentives are facing stricter compliance requirements under new tax administration rules, fanning fears of losing read more Nigeria firms risk tax breaks loss as disclosure rules raise costs
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Nigeria’s most consequential years and the unfinished state still in search of itself
Nigeria is in the intensive care unit of a critical live-or-die uncertainty. Some deny it; many are indifferent; some are read more Nigeria’s most consequential years and the unfinished state still in search of itself
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Dangote raises petrol price by N75 to N1,275 per litre
The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit by N75 per litre, deepening concerns over a read more Dangote raises petrol price by N75 to N1,275 per litre
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Why Tanzania is the next target for Africa’s richest man as a refinery hub
East African countries are discussing plans to build a joint oil refinery at Tanga port in Tanzania as part of read more Why Tanzania is the next target for Africa’s richest man as a refinery hub
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Tinubu commends Cardoso’s reforms after recapitalisation ends
…Union Bank, Polaris, Keystone Banks on course President Bola Tinubu has praised Olayemi Cardoso for leading reforms at the Central read more Tinubu commends Cardoso’s reforms after recapitalisation ends
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Most African countries delay, withhold air accident reports – IATA
The International Air Transport Association (IATA) has disclosed that accident investigation reports in most African countries are delayed, incomplete, or read more Most African countries delay, withhold air accident reports – IATA
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Nigeria’s opposition landscape fragments ahead of 2027 elections
As Nigeria moves toward the 2027 general elections, major opposition parties — specifically the Peoples Democratic Party (PDP), African Democratic read more Nigeria’s opposition landscape fragments ahead of 2027 elections
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Nigeria emerges as catalyst for African aviation reform with historic 91.4% safety rating
Addis Ababa|| Global aviation bodies are hailing Nigeria’s record-breaking performance in the recent International Civil Aviation Organisation (ICAO) safety audit. read more Nigeria emerges as catalyst for African aviation reform with historic 91.4% safety rating
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Infinix NOTE 60 Ultra Signals a New Era for Premium Smartphones in Nigeria
Infinix has officially launched the NOTE 60 Ultra in Nigeria, reinforcing its strategic push into the premium smartphone segment through read more Infinix NOTE 60 Ultra Signals a New Era for Premium Smartphones in Nigeria
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Middle East conflict drives fertiliser shortage, threatens Africa’s food security
…Experts urge farmers to bulk purchase or build fertiliser reserves to cushion against global supply shocks. The ongoing conflict in read more Middle East conflict drives fertiliser shortage, threatens Africa’s food security
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NEPC scales up training, certifications to empower women exporters
…WTO urges financial discipline, visibility for women entrepreneurs The Nigerian Export Promotion Council (NEPC) has intensified efforts to empower women read more NEPC scales up training, certifications to empower women exporters
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From bednets to vaccines: Why Nigeria’s malaria fight stalls
  …As one child dies every two minutes from malaria Each rainy season in Nigeria brings a surge in malaria read more From bednets to vaccines: Why Nigeria’s malaria fight stalls
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Adidas Q1 profit jumps 16% to €705m amid volatile retail climate
German sportswear giant Adidas on Wednesday reported strong growth in the first quarter of 2026, with rising sales across key read more Adidas Q1 profit jumps 16% to €705m amid volatile retail climate
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46 ships to arrive Lagos ports with petroleum products, food, others – NPA
The Nigerian Ports Authority (NPA) says that 46 ships laden with petroleum products, food items and other goods are expected read more 46 ships to arrive Lagos ports with petroleum products, food, others – NPA
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Nigeria caps jet fuel prices to avert airline disruptions – Reuters
Nigeria’s government is capping jet fuel prices and allowing airlines to buy supplies on credit, according to a government document read more Nigeria caps jet fuel prices to avert airline disruptions – Reuters
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Radda empowers 1,169 Katsina youths with skills, starter packs
Mallam Dikko Umaru Radda, Katsina State Governor, has empowered not less than 1,169 youths with practical skills and starter packs read more Radda empowers 1,169 Katsina youths with skills, starter packs
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Ondo residents protest land grabbing
Residents and farmers at Ipinlerere Camp in Owena, Ayetoro area of Idanre Local Government Area of Ondo State, have staged read more Ondo residents protest land grabbing
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Mukhtar courts global investors on red meat value chain expansion
Idi Mukhtar Maiha, Minister of Livestock Development, on Monday, hosted a delegation from Omrantech Trading Company of Saudi Arabia and read more Mukhtar courts global investors on red meat value chain expansion
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Akpabio declares Ondo South seat vacant, orders fresh poll within 30 days
The Senate, on Tuesday, declared the seat of Senator Jimoh Ibrahim vacant. Ibrahim, who represented Ondo South Senatorial District, vacated read more Akpabio declares Ondo South seat vacant, orders fresh poll within 30 days
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German-backed Agric scheme unlocks N49.8bn for 72,000 farmers in North-West
A German-funded agricultural finance initiative has unlocked nearly N50 billion in credit for farmers and agribusinesses in North-West Nigeria, significantly read more German-backed Agric scheme unlocks N49.8bn for 72,000 farmers in North-West
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LP national convention: Nenadi Usman emerges first female national chairman in Nigeria
…as Asogwa emerges national publicity secretary The Labour Party has elected Senator Nenadi Usman as its National Chairman at the read more LP national convention: Nenadi Usman emerges first female national chairman in Nigeria
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Tegbe Foundation, partner train 60 youths in employability, entrepreneurial skills
  ​Ogbeni Labzy Alternative, in partnership with the Tegbe Foundation, has trained 60 young professionals in employability and entrepreneurial skills read more Tegbe Foundation, partner train 60 youths in employability, entrepreneurial skills
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Yilwatda to youths: Defend democracy, reject selfish political agendas
Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC), has called on Nigerian youths to take the lead in read more Yilwatda to youths: Defend democracy, reject selfish political agendas
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Ex-PSC chair asks ADC, Atiku to back Obi for 2027
Simon Okeke, former Chairman of the Police Service Commission, has appealed to the African Democratic Congress (ADC) and former Vice-President read more Ex-PSC chair asks ADC, Atiku to back Obi for 2027
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Datti Baba-Ahmed quits Labour Party for PRP, cites internal crisis and ideological drift
Datti Baba-Ahmed, the Labour Party’s vice-presidential candidate in the 2023 general elections, has announced his departure from the party, saying read more Datti Baba-Ahmed quits Labour Party for PRP, cites internal crisis and ideological drift
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Delta police officer arrested after video shows him shooting restrained suspect dead 
A video circulating on social media has shown a Delta state police officer shooting dead a restrained suspect at close read more Delta police officer arrested after video shows him shooting restrained suspect dead 
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MTN Nigeria to sell majority stake in MoMo PSB and Y’ello Digital for ₦95.5bn
MTN Nigeria has announced plans to sell a 60 per cent stake in each of its two fintech subsidiaries to read more MTN Nigeria to sell majority stake in MoMo PSB and Y’ello Digital for ₦95.5bn
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Six in 10 Nigerian university students involved in cybercrime – Olukoyede
Nigeria’s top anti-corruption official has sounded the alarm over what he calls a crisis hiding in plain sight: the majority read more Six in 10 Nigerian university students involved in cybercrime – Olukoyede
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