Naija News Feed
Business
Adams Oshiomhole Calls for Revocation of South African Firms’ Licences in Nigeria
BY SUNDAY SAMUEL—orenewed surge of xenophobic violence in South Africa, Senator Adams Oshiomhole has called on Nigeria’s Federal Government to take firm economic action in response. He proposed strong countermeasures, including cancelling the operating licences of South African companies doing business in Nigeria. Speaking during plenary, Oshiomhole argued that the country must move beyond sympathy […] The post Adams Oshiomhole Calls for Revocation of South African Firms’ Licences in Nigeria appeared first on Business Today NG.
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Bukayo Saka Fires Arsenal into Historic Champions League Final
BY JUDE MADUEKE—Arsenal secured their spot in the UEFA Champions League final with a hard-fought 1–0 win over Atletico Madrid, thanks to a decisive strike from Bukayo Saka. The North London club progressed 2–1 on aggregate after a 1–1 draw in the first leg in Spain. This victory sends Arsenal into the final of Europe’s […] The post Bukayo Saka Fires Arsenal into Historic Champions League Final appeared first on Business Today NG.
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After Delta killing, Police roll out new crackdown unit
Following the dismissal of officers linked to an alleged extra-judicial killing in Delta State, Olatunji Disu, Inspector-General of Police, has read more After Delta killing, Police roll out new crackdown unit
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Samsung Electronics redefines mid-tier value with Galaxy A57
Samsung Electronics is reshaping Nigeria’s upper mid-tier smartphone segment with the launch of its Galaxy A57, introducing flagship-level artificial intelligence read more Samsung Electronics redefines mid-tier value with Galaxy A57
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Nigeria mourns victims of deadly fireworks explosion in China
The Federal Government of Nigeria has expressed deep sorrow over a deadly fireworks explosion in China, which claimed at least read more Nigeria mourns victims of deadly fireworks explosion in China
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Everton fan arrested over alleged racist abuse during City clash
Merseyside Police have arrested an Everton fan during Monday’s Premier League clash with Manchester City over alleged racist abuse. The read more Everton fan arrested over alleged racist abuse during City clash
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Five APC governors target Senate seats for 2027 transition
The race for the 2027 general elections is gathering momentum as five outgoing governors of the All Progressives Congress (APC) read more Five APC governors target Senate seats for 2027 transition
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Arsenal edge Atletico to reach first Champions League final in 20 years
Arsenal reached the Champions League final for the first time in 20 years as Bukayo Saka’s first-half strike secured a read more Arsenal edge Atletico to reach first Champions League final in 20 years
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UBA, MoMo PSB to unlock financial access for Nigerians
United Bank for Africa (UBA), Redtech, and MoMo PSB is set to expand payment access for Nigerians by enabling seamless read more UBA, MoMo PSB to unlock financial access for Nigerians
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Tinubu courts global investors as Nigeria deepens reforms
President Bola Tinubu is looking to lure in scarce global capital as he met with investors Tuesday, stressing his commitment read more Tinubu courts global investors as Nigeria deepens reforms
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Kled AI blocks Nigeria after 95% fraud claim
…sparks data trust debate in global AI market A U.S.-based startup, Kled AI, has removed Nigeria from its platform after read more Kled AI blocks Nigeria after 95% fraud claim
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INEC resumes nationwide continuous voters registration
The Independent National Electoral Commission (INEC) has announced the resumption of the Continuous Voter Registration (CVR) exercise nationwide, marking the read more INEC resumes nationwide continuous voters registration
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Tinubu courts global investors in Paris as Nigeria records 11.2% dollar-term growth
​President Bola Tinubu is currently engaging global investors in Paris, France, where he has emphasised transparency, fiscal discipline, and the read more Tinubu courts global investors in Paris as Nigeria records 11.2% dollar-term growth
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Dangote Cement grows exports by 71.6% in Q1 2026 as capacity hits 55MTA
Dangote Cement Plc recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from read more Dangote Cement grows exports by 71.6% in Q1 2026 as capacity hits 55MTA
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11th Nass: Senate tightens rules, restricts leadership positions to ranking, returning members
The Senate has amended its Standing Orders, significantly narrowing eligibility for presiding and principal offices ahead of the 11th National read more 11th Nass: Senate tightens rules, restricts leadership positions to ranking, returning members
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Nigeria faces youth employment crisis as ILO calls for urgent skills strategy
A new report by the International Labour Organisation (ILO), titled Lifelong Learning and Skills for the Future, has revealed that read more Nigeria faces youth employment crisis as ILO calls for urgent skills strategy
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Life Arm Leads as emPLE Pays ₦7bn in Claims Across Key Sectors
BY NKECHI NAECHE-ESEZOBOR—emPLE Nigeria said it paid over ₦7 billion in claims to policyholders in 2025, underscoring its commitment to meeting obligations and supporting customers during times of need. The company disclosed this in a statement made available to BusinessTodayNG. A breakdown of the claims shows that the life business paid over ₦4.1 billion, while […] The post Life Arm Leads as emPLE Pays ₦7bn in Claims Across Key Sectors appeared first on Business Today NG.
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Multitrex Integrated Foods plans return to NGX
Multitrex Integrated Foods Plc, Nigeria’s cocoa processing powerhouse, is poised to resume trading on the Nigerian Exchange Limited (NGX) early read more Multitrex Integrated Foods plans return to NGX
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Reps approve N479.5bn NCC budget for 2026
​The House of Representatives has approved the sum of N479.5bn as the Nigerian Communications Commission’s (NCC) budget for 2026. ​The read more Reps approve N479.5bn NCC budget for 2026
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Alleged N10b Kogi Fraud: How Ali Bello Used BDC in Transferring Money to Cronies- Witness
The trial of Ali Bello, nephew of former Kogi State Governor, Yahaya Adoza Bello, resumed on Tuesday, May 5, 2026, before Justice James Omotosho of the Federal High Court, Abuja, with the 17th prosecution witness detailing how funds were allegedly routed through bureau de change (BDC) operators for transfers to associates. The witness, Ahmed Audu […] The post Alleged N10b Kogi Fraud: How Ali Bello Used BDC in Transferring Money to Cronies- Witness appeared first on Business Today NG.
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Troops Arrest Suspected Terrorists, Informant, Drug Peddlers; Rescue Victims,
BY SUNDAY SAMUEL—Troops of the Joint Task Force (North East), Operation HADIN KAI, have recorded a series of operational gains across the theatre, including the arrest of suspected terrorists and collaborators, rescue of kidnapped civilians, and recovery of explosive devices during coordinated missions. In one of the operations, troops stationed at Ngamdu while conducting engagements […] The post Troops Arrest Suspected Terrorists, Informant, Drug Peddlers; Rescue Victims, appeared first on Business Today NG.
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Red Cross to deepen humanitarian services in Nigeria with new response mechanism
Vice-President Kashim Shettima has welcomed plans by the International Committee of the Red Cross (ICRC) to expand humanitarian services in read more Red Cross to deepen humanitarian services in Nigeria with new response mechanism
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Troops Kill Two Terrorists in Zamfara Clearance Operation
BY SUNDAY SAMUEL—Troops of Sector 2 under the Operation FANSAN YAMMA have conducted coordinated clearance operations in parts of Zamfara State, as part of ongoing efforts to dismantle terrorist enclaves and restore security across affected communities. The operations, carried out in the early hours of 4 May 2026, targeted several locations including Maikwanuga in Talata […] The post Troops Kill Two Terrorists in Zamfara Clearance Operation appeared first on Business Today NG.
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Yar’adua was a servant leader, gentleman president – Jonathan
Former President Goodluck Jonathan has paid glowing tribute to his late predecessor, Umaru Musa Yar’Adua, describing him as a “servant read more Yar’adua was a servant leader, gentleman president – Jonathan
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FG integrates peacebuilding into climate adaptation plan to curb insecurity
The Federal Government has said it is integrating conflict sensitivity and peacebuilding frameworks into its National Adaptation Plan (NAP) as read more FG integrates peacebuilding into climate adaptation plan to curb insecurity
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INEC to Resume Nationwide Voter Registration May 11
BY NKECHI NAECHE-ESEZOBOR —The Independent National Electoral Commission, (INEC), has announced the resumption of the nationwide Continuous Voter Registration (CVR) exercise, with the third and final phase scheduled to commence on Monday, 11 May 2026. The Commission recalled that the second phase of the exercise was suspended on 17 April 2026 to enable a comprehensive […] The post INEC to Resume Nationwide Voter Registration May 11 appeared first on Business Today NG.
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Police Foil Kidnap Plot, Arrest Three in Nasarawa
BY SUNDAY  SAMUEL—The Nasarawa State Police Command has foiled a kidnapping plot and arrested three suspects in Karu Local Government Area, following a swift, intelligence-led operation. According to the Command, the case began on April 31, 2026, when a complaint was lodged at the State Criminal Investigation Department (SCID) over a ₦5 million ransom threat […] The post Police Foil Kidnap Plot, Arrest Three in Nasarawa appeared first on Business Today NG.
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Mutual Benefits Reinforces Governance, Tightens Compliance Framework
NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has reiterated its commitment to strong corporate governance, regulatory compliance and responsible business practices as it advances its transformation into a more resilient financial services institution. The insurer said it is intensifying efforts to strengthen internal systems, operational processes and oversight frameworks, in line with its strategic objective of embedding […] The post Mutual Benefits Reinforces Governance, Tightens Compliance Framework appeared first on Business Today NG.
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Peter Obi’s defection from ADC premeditated — Abdullahi
National Publicity Secretary of African Democratic Congress (ADC), Malam Bolaji Abdullahi, has described the recent defection of former Governors Peter read more Peter Obi’s defection from ADC premeditated — Abdullahi
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Senate defections: Umeh, Abaribe dump ADC, join new parties
Sen. Victor Umeh(ADC-Anambra) and Sen.Enyinnaya Abaribe (ADC-Abia) on Tuesday announced their defections from the African Democratic Congress (ADC) to different read more Senate defections: Umeh, Abaribe dump ADC, join new parties
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ADC group endorses Hayatu-Deen for 2027 presidential ticket
The ADC Vanguard Support Group (ADC VSG) has endorsed Mohammed Hayatu-Deen’s candidacy for the African Democratic Congress (ADC) presidential nomination read more ADC group endorses Hayatu-Deen for 2027 presidential ticket
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FSDH convenes investors, sets agenda for Nigeria’s investable future
FSDH Merchant Bank has taken a deliberate step to shape the direction of capital formation in Nigeria, convening its inaugural read more FSDH convenes investors, sets agenda for Nigeria’s investable future
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UAE’s OPEC exit intensifies pressure on Nigeria’s oil output capacity
The departure of Abu Dhabi ends more than five decades of membership and removes one of OPEC’s most capacity-rich producers. read more UAE’s OPEC exit intensifies pressure on Nigeria’s oil output capacity
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Mutual Benefits’ Asenuga, Ogunbiyi Honoured at NIA Awards
BY NKECHI NAECJE-ESEZOBOR—Mutual Benefits Assurance Plc has secured a major industry endorsement as two of its top executives were honoured at the 2026 Nigerian Insurers Association Awards & Recognition Ceremony, highlighting the company’s sustained influence in Nigeria’s insurance sector. The Managing Director, Olufemi Asenuga, was recognised for his contributions to the industry, particularly during his […] The post Mutual Benefits’ Asenuga, Ogunbiyi Honoured at NIA Awards appeared first on Business Today NG.
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Sovereign Trust Insurance Opens ₦5.02bn Rights Issue, Sets June 10 Deadline
BY NKECHI NAECJE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has announced  a ₦5.02 billion rights issue in a move aimed at bolstering its capital base and positioning the company for sustained growth within Nigeria’s competitive insurance landscape. According to details in the rights circular, the insurer is offering 2.51 billion ordinary shares of 50 kobo each at […] The post Sovereign Trust Insurance Opens ₦5.02bn Rights Issue, Sets June 10 Deadline appeared first on Business Today NG.
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Court faults EFCC, acquits Oyo-Ita, others in N570m fraud trial
The Federal High Court in Abuja, on Tuesday, acquitted Winifred Oyo-Ita, former Head of Service of the Federation, and eight read more Court faults EFCC, acquits Oyo-Ita, others in N570m fraud trial
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