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Business
BPE, DisCos defer on free meter investment
Nigeria’s electricity distribution companies are locked in a dispute with the Bureau of Public Enterprises (BPE) over funding for the read more BPE, DisCos defer on free meter investment
Business Day -
Calls grow for rate cut as economy stabilises
…Six MPC members back hold The policy divide within the Central Bank of Nigeria’s Monetary Policy Committee (MPC) is expected read more Calls grow for rate cut as economy stabilises
Business Day -
PwC, BusinessDay to host CEO roundtable on Nigeria’s 2026 budget, outlook
PwC Nigeria, in partnership with BusinessDay, will host an executive roundtable on January 29 (today) to discuss Nigeria’s 2026 budget read more PwC, BusinessDay to host CEO roundtable on Nigeria’s 2026 budget, outlook
Business Day -
AFC advises FG on landmark N501bn power sector bond
The Federal Government has raised N501 billion from the domestic capital market under its Presidential Power Sector Financial Reforms Programme, read more AFC advises FG on landmark N501bn power sector bond
Business Day -
Adekunle Ojora, Otunba of Lagos, Lisa of Ife, dies at 93
The Ojora family announced the passing of Adekunle Ojora in a statement on Wednesday, saying he died early in the read more Adekunle Ojora, Otunba of Lagos, Lisa of Ife, dies at 93
Business Day -
Nigerian music industry risks billions in lost royalties amid copyright levy dispute
A brewing dispute over the disbursement of Nigeria’s private copying levy has pitted major record labels against the Nigerian Copyright read more Nigerian music industry risks billions in lost royalties amid copyright levy dispute
Business Day -
Fitch withdraws Afreximbank’s ratings, cuts credit assessment to junk
Fitch Ratings has withdrawn its ratings on the African Export-Import Bank (Afreximbank) for commercial reasons, saying it will no longer read more Fitch withdraws Afreximbank’s ratings, cuts credit assessment to junk
Business Day -
UCL: Chelsea fans stabbed by angry Napoli supporters in Italy
Two Chelsea fans have reportedly been stabbed in Italy by suspected Napoli supporters ahead of the Blues’ UEFA Champions League read more UCL: Chelsea fans stabbed by angry Napoli supporters in Italy
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Lagos Court Jails Two for N36.5m Theft
BY SUNDAY SAMUEL—Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, has  convicted and sentenced the duo of Obiesie Elyon Chukwugene and Afolabi Adebayo Olumuyiwa to one year imprisonment each for N36,570,000.00 ( Thirty Six Million, Five Hundred and Seventy Thousand Naira) theft. They were initially arraigned alongside a firm, D Velvetbox […] The post Lagos Court Jails Two for N36.5m Theft appeared first on Business Today NG.
Business Today -
Lagos Court Convicts Firm for ₦21m Theft
Justice Ismail Ijelu of the Lagos State High Court sitting in Ikeja, on Wednesday, January 28, 2026, convicted a company, Rahvet International Limited, for N21m fraud. The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, arraigned Rahvet International Limited, on January 28, 2026, on an amended one-count charge bordering on stealing, […] The post Lagos Court Convicts Firm for ₦21m Theft appeared first on Business Today NG.
Business Today -
Army Rescues Day-Old Baby, Arrests Suspected Traffickers in Calabar
The Headquarters 13 Brigade Nigerian Army, in collaboration with the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), arrested seven suspected human traffickers during an intelligence led operation in Calabar Municipality Local Government Area of Cross River State. The operation was conducted on Wednesday, 28 January 2026, following detailed and credible intelligence received […] The post Army Rescues Day-Old Baby, Arrests Suspected Traffickers in Calabar appeared first on Business Today NG.
Business Today -
Six arrested as police bust syndicate accused of diverting N7.7bn in airtime, data
The Nigeria Police Force has arrested six suspects over the alleged hacking of a telecommunications company’s systems, leading to the read more Six arrested as police bust syndicate accused of diverting N7.7bn in airtime, data
Business Day -
 
 
FG vows to reclaim Nigeria’s cocoa sovereignty at London forum
The Federal Government has pledged to reposition Nigeria among the world’s leading cocoa-producing nations as part of efforts to boost read more FG vows to reclaim Nigeria’s cocoa sovereignty at London forum
Business Day -
Zambia’s inflation falls to 3-year low, returns to single digits
Zambia’s annual inflation rate eased to single digits in January for the first time in three years, strengthening the case read more Zambia’s inflation falls to 3-year low, returns to single digits
Business Day -
Sarah Mullally confirmed as first female Archbishop of Canterbury
Sarah Mullally has been formally confirmed as the Archbishop of Canterbury, becoming the first woman to occupy the role since read more Sarah Mullally confirmed as first female Archbishop of Canterbury
Business Day -
NIGERIA IN BRIEF: Lagos demolition, Niger State IDB collaboration, Maura’s record high and other highlights today 
Demolitions in Lagos deepen class divide, fuel anger at state government  Recent demolition exercises across Lagos waterfront and inland communities read more NIGERIA IN BRIEF: Lagos demolition, Niger State IDB collaboration, Maura’s record high and other highlights today 
Business Day -
Police Arrest Six Over ₦7.7bn Telecoms Airtime, Data Fraud
BY NKECHI  NAECHE-ESEZOBOR—The Nigeria Police Force – National Cybercrime Centre (NPF–NCCC) on Wednesday dismantled a sophisticated cyber-enabled fraud syndicate. According to statement released by CSP Benjamin Hundeyin, Force Public Relations Officer via the force official X account, that the syndicate was responsible for the illegal diversion of a telecommunications company’s airtime and data resources, resulting […] The post Police Arrest Six Over ₦7.7bn Telecoms Airtime, Data Fraud appeared first on Business Today NG.
Business Today -
The top 5 sectors powering the Nigerian diaspora in Turkey
.…sectors include cargo and international shipping, textiles, teaching, etc After the financial crisis in 2001, Turkey enjoyed five years of read more The top 5 sectors powering the Nigerian diaspora in Turkey
Business Day -
APC accuses Adeleke of distorting LG allocation facts
‎The Osun State chapter of the All Progressives Congress (APC) is accusing Ademola Adeleke, the state governor, of deliberately distorting read more APC accuses Adeleke of distorting LG allocation facts
Business Day -
UNILAG, University of Birmingham partner to train clinicians in surgery
The University of Lagos (UNILAG), and university of Birmingham, in the United Kingdom (UK) have launched a surgery exchange and read more UNILAG, University of Birmingham partner to train clinicians in surgery
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Naira hits N1,400/$ two-year record as reforms gain traction
The naira on Tuesday climbed to a two-year high of N1,400 per dollar in the official foreign exchange (FX) market, read more Naira hits N1,400/$ two-year record as reforms gain traction
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Fubara, Rivers investors tackle ease of doing business to tap Africa’s $3trn market
The Rivers State government, in a bid to take advantage of the $3 trillion African market offered by the African read more Fubara, Rivers investors tackle ease of doing business to tap Africa’s $3trn market
Business Day -
NLC, TUC Back FCTA Workers, Say Strike Continues
BY NKECHI NAECHE-ESEZOBOR—The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Wednesday threw their weight behind workers of the Federal Capital Territory Administration (FCTA), who are currently at loggerheads with the Minister of the FCT, Nyesom Wike, urging them to defend their rights with courage and dignity. In a joint statement issued […] The post NLC, TUC Back FCTA Workers, Say Strike Continues appeared first on Business Today NG.
Business Today -
Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy
Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”). The facility was structured to support Aradel Energy’s strategic growth agenda, including the acquisition of an […] The post Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy appeared first on Business Today NG.
Business Today -
 
 
JAMB Denies Barring University Students from 2026 UTME, Direct Entry Registration
BY CLARA OBIDIKE —-The Joint Admissions and Matriculation Board (JAMB), on Tuesday denied report that candidates already in universities were banned from registering for the 2026 Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE). This is contained in a statement  released by its spokesperson, Dr Fabian Benjamin, the board  denied the report. Benjamin said […] The post JAMB Denies Barring University Students from 2026 UTME, Direct Entry Registration appeared first on Business Today NG.
Business Today -
ADC appoints Oyegun, Utomi, Bugaje, others, into manifesto committee 
The African Democratic Congress (ADC) on Wednesday constituted a ” 50-Member Wise Men and Women Policy and Manifesto Committee” chaired read more ADC appoints Oyegun, Utomi, Bugaje, others, into manifesto committee 
Business Day -
Nigeria records rising lassa fever cases, deaths in early 2026 – NCDC
Nigeria has recorded a steady rise in Lassa fever cases and deaths in the first weeks of 2026, according to read more Nigeria records rising lassa fever cases, deaths in early 2026 – NCDC
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Nigerian movie goers choose Nollywood title over fresh Hollywood releases
by Moyinoluwa Azeez Nollywood titles are still dominating cinema earnings despite new Hollywood releases for the previous weekend box office read more Nigerian movie goers choose Nollywood title over fresh Hollywood releases
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GAIA AFRICA Announces Final Call for 2025/2026 Member Season as Applications Close February 15
GAIA AFRICA, the continent’s premier private members’ club for women leaders, has entered the final weeks of its 2025/2026 Member read more GAIA AFRICA Announces Final Call for 2025/2026 Member Season as Applications Close February 15
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Nigerian filmmakers’ eye global spotlight at FIPADOC
Nigerian filmmakers are eyeing the global spotlight as a delegation of emerging Nigerian documentary filmmakers is currently in Biarritz to read more Nigerian filmmakers’ eye global spotlight at FIPADOC
Business Day -
Political rift deepens in Kano as appointees resign 
There is a major crack within the Kano State government following Governor Abba Yusuf’s resignation from the New Nigeria People’s read more Political rift deepens in Kano as appointees resign 
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INEC steps up preparations for Kano Assembly bye-elections
The Independent National Electoral Commission (INEC) says at least 10 political parties have so far submitted candidates for the forthcoming read more INEC steps up preparations for Kano Assembly bye-elections
Business Day -
PSC extends Police constable application deadline
…says over 400,000 Nigerians vie for 50,000 slots The Police Service Commission (PSC) and the Nigeria Police Force (NPF) have read more PSC extends Police constable application deadline
Business Day -
FG reaffirms commitment to data protection, digital trust as pillars of Nigeria’s economic growth
The Federal Government has reaffirmed its commitment to data protection and digital trust as key drivers of Nigeria’s digital transformation read more FG reaffirms commitment to data protection, digital trust as pillars of Nigeria’s economic growth
Business Day -
JAMB clarifies 2026 UTME rules, allows matriculated students to register
… warns against non-disclosure The Joint Admissions and Matriculation Board (JAMB) has clarified that candidates currently enrolled in tertiary institutions read more JAMB clarifies 2026 UTME rules, allows matriculated students to register
Business Day -
PenCom increases NSITF pensions by more than eleven folds
…pays N8.70bn arrears to 2,116 retirees The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 read more PenCom increases NSITF pensions by more than eleven folds
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