The decision by Donald Trump to impose a naval blockade on Iran marks a dramatic escalation in U.S. strategy in the Middle East. Framed as a show of strength following the collapse of negotiations in Islamabad, the move is intended to choke Iran’s oil exports and force political concessions. Yet beneath the surface, the blockade […] read more Why Trump’s naval blockade of Iran is likely to fail amid market shock, military limits, and weak allied backing

Pep Guardiola insists Manchester City’s crucial 2-1 victory over Arsenal has only given his side “hope” in the Premier League title race, stressing there is still plenty to play for before the end of the season. City now sit three points behind the leaders with a game in hand and could go top for the […] read more Guardiola: Premier League title not won yet

Mikel Arteta remains confident Arsenal can end their 22-year wait for the Premier League title despite a 2-1 defeat to Manchester City on Sunday. The Gunners still hold a three-point lead at the top of the table, but Man City have a game in hand. Read Also: Man City boost title hopes with 2-1 win […] read more Arteta confident Arsenal will end title drought despite City defeat

War is first a human tragedy, but markets do not read history through grief. They read it through orders, contracts, fuel prices, insurance premiums, shipping delays and government budgets. That is the uncomfortable starting point for any serious discussion of the economics of war. SIPRI estimates that global military expenditure rose to $2.718 trillion in […] read more The Economics of War: Who Profits, Who Pays

US seizes Iranian vessel as Tehran rejects renewed peace talks The United States has escalated its confrontation with Iran after Donald Trump, US president, confirmed that US forces seized an Iranian-flagged cargo ship attempting to breach Washington’s naval blockade. Trump said the vessel was intercepted and disabled, with US forces now in full control and […] read more World in Brief: US seizes Iran ship, Canada warns on reliance, Kenya seeks bailout and other stories

The inability of Nigeria to meet its OPEC assigned quota of 1.5 million barrels per day (mbd) has remained a major challenge to the Federal Government because of its huge implications for the fiscal sustainability of the annual budget, which for the most part has been based on a benchmark far above the OPEC quota. […] read more Nigeria’s perennial challenge of meeting its OPEC 1.5 million barrels per day quota

Lately, there have been widespread reports of revenue leakages and misdemeanours cutting across different segments of the global economy. Ironically, these developments have taken on a more troubling dimension, often manifesting in various forms of unethical and unlawful practices such as looting, embezzlement, theft of public property, payment of ghost workers, over-invoicing, under-invoicing, mismanagement of […] read more Internal Auditing: Panacea for addressing revenue leakages and promoting accountability

When the first coup d’état occurred on 15th January 1966, seven of the casualties were old boys of Barewa College: · Alhaji (Sir) Ahmadu Bello, Premier of the North · Alhaji (Sir) Abubakar Tafawa Balewa, Prime Minister · Brigadier Zakariya Maimalari, a senior army officer · Colonel Kur Mohammed, the Chief of Army Staff · […] read more President Bola Ahmed Tinubu and The King’s College tie (Continuation From Satire I)

Hardly anyone should shed tears for the People’s Democratic Party, PDP, and the African Democratic Congress, ADC. Both parties are guilty of what lawyers call contributory negligence, being part-architects of their own misfortune. Their internal contradictions, genetic predispositions and inherent inability to cohere are simply being exploited by their ruthless enemy, the ruling All Progressives […] read more 2027: INEC, the judiciary can kill off Nigeria’s frail democracy

The latest opposition by the Academic Staff Union of Universities (ASUU) to the proposed establishment of a Nigerian campus of Coventry University is not just disappointing; it is deeply misplaced. At a time when Nigeria’s higher education system is in urgent need of innovation, global integration, and credible alternatives, such resistance reflects a troubling pattern, […] read more When protectionism masquerades as patriotism

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The Nigerian stock market is currently charging toward a historic N140 trillion valuation, catalysed by a massive buy signal from the international investment community. This bullish momentum follows the pivotal April 7 announcement of Nigeria’s reclassification from “unclassified” back to Frontier Market status, a move that has already seen equities market capitalisation surge by approximately […] read more Stocks surge to N140trn as global investors pile back into Nigeria

Nigeria is fundamentally reimagining its revenue strategy, moving away from a traditional reliance on import and export duties in favour of a consumption-based tax system. Under the new 2026 Fiscal Policy Measures and Tariff Amendments, the Federal Government is slashing duties on essential commodities and industrial inputs while simultaneously hiking excise taxes on luxury and […] read more FG shifts tax burden from imports to consumption

Nigeria’s largest listed companies are facing an energy crisis that is changing the business landscape in the continent’s most populated market, a BusinessDay analysis has found. Data from the Nigerian Exchange Group shows that 10 of the top 30 firms saw their combined energy costs more than double, rising 108 percent to N7.98 billion in […] read more Two-fold energy cost jump strains corporates

Nigeria’s voice entered one of the most prestigious policy rooms in London when Dipo Oladehinde, head of the energy desk at BusinessDay, joined a Chatham House roundtable, representing Nigeria’s perspective on how the current Gulf crisis could either finally accelerate the global shift away from fossil fuels or whether a short-term oil windfall would once […] read more BusinessDay’s journalist takes Nigeria’s solar movement to Chatham House

BY SUNDAY SAMUEL—Nasarawa State Police Command  attached to Karshi Divisional Headquarters have arrested one Pastor Asonye Isaiah, 37, of Rock of Love and Adoration Ground, Old Karsh I, Abuja, for allegedly defiling a 16-year-old girl in Nasarawa State. According to statement released by SP Ramhan Nansel, Police Public Relations Officer, via the commands official X […] The post Pastor Arrested Over Alleged Defilement of Minor in Karshi appeared first on Business Today NG.

Kelechi Iheanacho expressed his excitement after delivering a match-winning performance to help Celtic secure a place in the Scottish Cup final. The Nigerian forward came on with just seven minutes remaining in regulation time during the semi-final clash against St Mirren, but made a decisive impact in extra time. Iheanacho scored twice as the Hoops […] read more Iheanacho delighted after brace sends Celtic into Cup final

Atilola Mofifun and Zara Adegoke emerged as standout winners in the U-16 and U-12 categories at the second edition of the Tennista Foundation Junior Tennis Tournament. The three-day event, held on clay courts at the Lagos Country Club, brought together promising young players from across the country, all showcasing their talent and competitive spirit. Read […] read more Mofifun, Adegoke crowned Champions at Tennista junior tennis tournament

BY NKECHI NAECHE-ESEZOBOR—The Federal Ministry of Finance has dismissed recent media reports alleging that large portions of Nigeria’s federation revenue are being diverted or concealed, describing such claims as a misinterpretation of the latest Nigeria Development Update by the World Bank. In a statement issued on Sunday, the ministry said the reports wrongly portrayed deductions […] The post FG Rejects Claims of Hidden Spending, Says World Bank Report Misinterpreted appeared first on Business Today NG.

AC Milan and Juventus strengthened their push for UEFA Champions League qualification with crucial victories over Hellas Verona and Bologna on Sunday. Adrien Rabiot scored the only goal as Milan edged Verona 1-0, giving the second-placed side an eight-point cushion over fifth-placed Como and sixth-placed AS Roma. The French midfielder struck his sixth league goal […] read more Milan, Juventus boost Champions League hopes with key wins

Harry Kane netted his 32nd goal of the season as Bayern Munich cruised to a 4-2 home victory over VfB Stuttgart to secure a record-extending 35th Bundesliga title. Raphael Guerreiro, Nicolas Jackson and Alphonso Davies were also on target for Bayern, while Chris Fuehrich and Chema Andres replied for Stuttgart. Defeat for Borussia Dortmund at […] read more Bayern Munich clinch record 35th Bundesliga title

Manchester City reignited their Premier League title hopes with a 2-1 victory over Arsenal at the Etihad Stadium, moving within three points of the leaders with a game in hand. Pep Guardiola’s side now have momentum firmly in their favour, while Arsenal’s bid to end a 22-year wait for the title is beginning to unravel […] read more Man City boost title hopes with 2-1 win over Arsenal

As part of its corporate social responsibility, Pipeline Infrastructure Nigeria Limited (PINL), a surveillance firm, has awarded scholarships to 600 students across its host communities on the Trans Niger Pipeline (TNP) in Bayelsa State. The surveillance firm disclosed the awards at its April stakeholders’ meeting on Thursday in Yenagoa, Bayelsa State, while expressing delight at […] read more PINL awards 600 scholarships to Bayelsa students

Tunji Alausa, minister of Education, has commended Ahmed Usman Ododo, Kogi State governor, for allocating over 30 percent annual budget to education, surpassing the UNESCO recommendation of 26 percent. Alausa gave the commendation on Monday at the inauguration of two newly constructed GYB Model Science Secondary Schools in Nagazi, Adavi, and in Okebukun, Kabba-Bunu local […] read more Education Minister inaugurates model science schools in Kogi, commends Ododo

Sundry Markets Limited has said that its recently held MSME Fair-Retail Ready 1.0 was aimed at empowering entrepreneurs with funding and industry insights. The Fair, it said, brought together key stakeholders across Nigeria’s business ecosystem to support and empower micro, small, and medium enterprises (MSMEs) operating within the retail value chain. The one‑day fair served […] read more Sundry Markets’ MSME fair aims to empower entrepreneurs with funding, industry insights

Umuahia, the Abia State capital, was a behive of activity, as the Nigerian Institution of Estate Surveyors and Valuers (NIESV) held its 56th Annual Conference in the city. About 2000 members of NIESV from the 36 states of the country and Abuja, the federal capital, and 302 new members (inductees) converged on Umuahia from April […] read more Abia seeks stronger partnership with NIESV to deepen real estate sector

Artificial Intelligence (AI) has rapidly moved from the fringes of research labs into the centre of global economic and policy conversations. In Nigeria, as across much of Africa, the discourse around AI is increasingly defined by two competing forces: fear and hype. On one hand, there is anxiety about job losses, loss of control, and […] read more Artificial Intelligence: Separating fear from hype and misconception

Air conditioners (ACs) account for over 40 percent of household electricity in use, much of which is wasted due to outdated technology. Given Nigeria’s tropical climate, there is a strong relationship between the country’s climate conditions and the demand for Heating, Ventilation, Air Conditioning, and Refrigeration (HVACR) systems. These conditions position Nigeria as the largest […] read more Expert’s perspective on climate change, heating, ventilation, air conditioning, and refrigeration systems

…Says Ezeilo has shown that human rights/women’s rights are not just a theory; but promise of safety and dignity for those most vulnerable. Jane Ansah, the vice president of Malawi, has described Ngozi Ezeilo, a professor and United Nation’s Special Rapporteur on Trafficking in Persons, as a tireless champion of human rights and dignity and […] read more Malawi Vice President extols Ezeilo at 60

The African Democratic Congress (ADC) has criticised the Tinubu administration’s plan to reintegrate nearly 800 former terrorists into communities, describing it as a sign the government is “soft on terror” and lacks a clear security strategy. In a statement by Bolaji Abdullahi, its National Publicity Secretary, on Sunday, the party argued that portraying insurgents as […] read more ADC faults terrorists reintegration plan

Amidst growing concerns over the increase in drug trafficking, National Drug Law Enforcement Agency (NDLEA) operatives recently uncovered new methods in narcotics smuggling, discovering 12 large parcels of cocaine concealed in the false bottoms of food flasks. Femi Babafemi, NDLEA Media and Advocacy Director, said in a statement on Sunday that the consignment was heading […] read more NDLEA intercepts cocaine concealed in food flasks at Lagos airport

The Independent National Electoral Commission (INEC) on Wednesday charged political parties to always respect the commission as people’s servants. Masud Hassan, leader of INEC delegation, stated this while delivering a keynote address to ADP national, zonal and states officials for the commission’s annual verification exercises for political parties, held at the ADP National headquarters, Abuja. […] read more INEC inspects ADP National Secretariat, urges parties to respect commission as people’s servants

The National Chairman of the Action Democratic Party (ADP), Sani Yabagi Yusuf has said that the Nigerian constitution had given too much power in the hand of a single individual which places good governance in jeopardy. He said that any other person in President Bola Ahmed Tinubu shoes would do same under current constitution. He […] read more 2027: Nigeria constitutional system not Tinubu is faulty – ADP National Chairman, Yabagi

As Osun State approaches its August 15, 2026 governorship election, the conversation is gradually shifting from personality to proposition. Elections in Nigeria have long thrived on charisma, symbolism, and emotional connection. Yet, beneath that familiar terrain, there is a quieter but increasingly persistent question: who is best equipped to manage the complexities of governance in […] read more Structure, stability, and statecraft: Why Oyebamiji fits Osun’s next chapter

African Export-Import Bank (Afreximbank) has signed a hosting agreement with the Government of St Kitts and Nevis for the fifth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2026). The signing of the host agreement highlights a shared resolve to deepen Afri-Caribbean partnerships and enhance trade and economic ties. ACTIF2026 will take place from July […] read more Afreximbank, St Kitts and Nevis sign ACTIF 2026 hosting agreement

The Lagos State chapter of the Nigerian Medical Association (NMA) has removed its chairman following an emergency general meeting (EGM), with the Congress insisting the decision was taken in strict compliance with the association’s constitution. The leadership change, ratified at what the association describes as its highest decision making organ, marks a significant shift within […] read more Lagos NMA congress removes chairman, cites constitutional compliance in leadership transition