FIRST BANK OF NIGERIA PLC v. ALEXANDER .N. OZOKWERE SUPREME COURT OF NIGERIA (ONNOGHEN; MUNTAKA-COOMASSIE; NGWUTA; ARIWOOLA; KEKERE-EKUN, JJ.SC) FACTS Cyprian Ozokwere, the deceased brother of Alexander N. Ozokwere (the Respondent), sometime in 1982 placed an order for the supply of motor spare parts valued at $186,990 from Goodfit Trading Company Limited (Goodfit), payable under […] read more Money paid to an agent under a failed contract must be refunded upon demand before remittance to the principal

Introduction On 13 February 2026, His Excellency, Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria, pursuant to sections 3(1), (4), and (5) of the Petroleum Industry Act 2021 (the “PIA”) and section 5 of the Constitution of the Federal Republic of Nigeria 1999, issued the Presidential Executive Order to Safeguard Federation Oil […] read more Analysis of the Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 (Part One)

Watching Crown of Blood, a Yoruba reimagining of Shakespeare’s Macbeth, I found myself thinking about its implications for education. Written by Oladipo Agboluaje and directed by Mojisola Kareem, the production reworks Shakespeare’s tragedy within the cultural and historical world of nineteenth-century Yorubaland. I find myself thinking more strongly now about the educational possibility such a […] read more How ‘Crown of Blood’ opens Shakespeare to African students

Atletico Madrid seized control of their UEFA Champions League quarter-final tie with a commanding 2-0 first-leg victory over 10-man Barcelona on Wednesday. Goals from Julian Alvarez and Alexander Sorloth punished Barcelona after defender Pau Cubarsi was sent off for bringing down Giuliano Simeone when through on goal. Alvarez curled home the resulting free-kick before Sorloth […] read more Champions League: Atletico Madrid stun Barcelona at Camp Nou

The Director General of the National Agency for Food and Drug Administration and Control NAFDAC, Prof Mojisola Adeyeye has cautioned Nigerians against excessive sodium intake to avoid diet-related non-communicable diseases such as hypertension, cardiovascular diseases, and stroke which she said are on the rise globally and within Nigeria. Prof Adeyeye gave the admonition at a […] The post NAFDAC Warns Nigerians Against Excessive Salt Intake, Moves to Regulate Sodium in Packaged Foods appeared first on Business Today NG.

In an era defined by geopolitical tension and complex negotiations, diplomats in Abuja are turning to sports to strengthen international relations. This was as diplomats and representatives of international organisations converged in Nigeria’s capital for the 8th Diplomatic Games Week, using sport as a platform to deepen cooperation and foster global camaraderie. The event, organised […] read more How diplomatic games  strengthen global ties 

…joins six African peers in pausing rate cuts Kenya’s central bank held its benchmark interest rate at 8.75 percent on Wednesday, pausing an easing cycle that has run for nearly two years as global uncertainty linked to the Middle East conflict clouds the inflation outlook. The decision by the Central Bank of Kenya (CBK) was […] read more Kenya halts nearly two years of easing rate cycle amid uncertainty over Iran war

South Africa’s financial markets rebounded sharply as investors returned to risk assets following a ceasefire in the Middle East, which eased fears of global energy disruptions, according to African Economy. The rand surged as much as 2.6 percent against the dollar—its strongest intraday gain since late 2023—after ranking among the worst-performing emerging-market currencies during the […] read more South African rand posts biggest gain since 2023 on Middle East ceasefire

Google and UpSkill Universe have relaunched the Hustle Academy programme with a broader focus on equipping Africans with practical artificial intelligence (AI) skills, opening the initiative to individuals beyond small business owners for the first time. Originally launched in 2022 as a bootcamp-style training programme for entrepreneurs, Hustle Academy was designed to strengthen small and […] read more Google, UpSkill expand hustle academy to deliver free AI training

The Russian Federation has intensified efforts to deepen educational ties with Nigeria, showcasing opportunities at the Moscow State Institute of International Relations (MGIMO) during a presentation held at its embassy in Abuja. Speaking at the event organised to mark MGIMO Day in Nigeria, Andrey Podelyshev, Russia’s Ambassador to Nigeria, described the institution as a world-class […] read more Russia woos Nigerian students with global career pathways

Trump signals possible NATO withdrawal amid Iran war fallout Donald Trump, US president is reportedly considering withdrawing the United States from NATO, deepening uncertainty over the future of the transatlantic alliance. The White House framed the US-Israel war on Iran as a test NATO had failed, citing allies’ reluctance to join offensive operations. Press secretary […] read more WORLD IN BRIEF: Trump weighs NATO exit, Cameroonians killed in Ukraine war and other stories

Sterling Bank Plc is stepping up efforts to close Nigeria’s estimated $42 billion financing gap for women-led businesses, using its OneWoman initiative to expand access to capital, skills, and networks in a move aimed at unlocking broader economic growth. The bank, through its women-focused platform OneWoman, convened entrepreneurs, development finance institutions, and ecosystem leaders at […] read more Sterling Bank targets $42bn gender finance gap with OneWoman push

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The ongoing recapitalisation programme triggered by the Nigerian Insurance Industry Reform Act has begun to reshape the structure of the sector in ways that were perhaps inevitable but also deeply revealing. While some operators insist they have met the new capital thresholds, a growing number are quietly restructuring their businesses (selling portfolios, shedding licences and […] read more Insurance reform must strengthen the sector, not shrink it

The opposition parties in Nigeria are lamenting. Being Africans, they see so much correlation with their challenges in the adage, “if an evil bird cries in the night and a child dies in the morning, the cause of the death is not far-fetched.” It would seem that a brood of descendants of Balaam has invaded […] read more Of 2027, descendants of Balaam, donkey, and sword-wielding angel

The Mayor of Housing is a very busy man, hard to track down, as he is meeting with the busiest men and women and on call with industry leaders in most state capitals and countries. On this Easter Sunday, however, My-ACE China, the Mayor of Housing, was traced to Plot 11 Miracle Estate, Girl School […] read more A day with the ‘tiny priests’ of the Priesthood Orphanage

…Deep study reveals how to take RSU to top 10 Nigerian universities …Focus to be on research, innovation, and entrepreneurship The Rivers State University (RSU), Nkpolu-Oroworukwo, Port Harcourt, formerly the University of Science and Technology (UST), has unveiled a new vision that may require N110bn in the next five years. The vision is aimed at […] read more Rivers State University targets N110bn in 5-year strategic development plan

The Nigerian equities market has entered a new era of expansion, propelled by a return of global institutional confidence. Leading the charge are heavyweights such as Seplat, GTCO, and Zenith Bank, whose recent rallies have pushed the Nigerian Exchange (NGX) to historic heights. The catalyst for the 0.28 percent surge on Wednesday is a perfect […] read more FTSE frontier upgrade ignites Seplat, GTCO, Zenith rally

…Dangote reduces petrol to N1,200 Nigerian motorists bracing for another round of fuel price hikes may finally catch a break as Brent, the benchmark for Nigerian crude, plunged more than 15 percent to below $95 per barrel on Wednesday. This development followed President Donald Trump’s announcement of a conditional two-week ceasefire agreement with Iran, sending […] read more Lower petrol prices imminent as global oil prices plunge 15%

…raises doubts about credibility despite increased INEC funding The federal government’s decision to set aside N135.22bn in the 2026 budget for post-election litigation has triggered sharp reactions from political stakeholders and analysts, who warn that the provision not only places an additional burden on public finances but also reflects a lingering lack of confidence in […] read more Experts link N135bn litigation to weak electoral integrity

From right: Managing Director/Chief Executive Officer of Unitrust Insurance Company Limited, Adedayo Arowojolu, receiving appreciation award plague from Dr Julius Odede, Head of Lagos Operations at National Insurance Commission,( NAICOM), at the just concluded 2026 BusinessToday Annual Conference and Exhibition on Insurance and Pensions held in Lagos , with the Convener of the conference, Mrs. […] The post Unitrust CEO Arowojolu Advocates Youth-Driven Transformation in Insurance appeared first on Business Today NG.

The naira on Wednesday rebounded in the official foreign exchange market, reversing the previous day’s losses even as Nigeria’s external reserves declined by $1.08 billion amid slowing inflows linked to Middle East tensions. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated by N14.84 to close at N1,371.82 per dollar, a gain […] read more Naira rebounds amid $1.08bn loss in reserves

Wema Bank Plc audited full year (FY) 2025 results show 116 percent growth in Profit Before Tax (PBT) to N221.85billion as against the N102.51billion recorded in FY 2024. Wema Bank has met regulatory requirements for Commercial Bank with National Authorisation. The bank will pay dividend per share of N1.25 for the year ended December 31, […] read more Wema Bank sustains strong profitability momentum with PBT growth of 116% to N221.85bn 

Operatives of  the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,  have arrested  one Osagie Destiny Etinosa for alleged N11 million fraud. The suspect, who was arrested through an open source intelligence, had been parading himself on Instagram account @ officialking _ etto. as a football agent who specialises in linking footballers […] The post EFCC Arrests Football Agent for Alleged N11m Fraud appeared first on Business Today NG.

President Bola Ahmed Tinubu spoke proudly of his vision for sustained development of Lagos — the State he governed for eight years during which he laid the foundation for its modernisation. The President inaugurated the newly constructed Ojota-Opebi Link Bridge, a project envisioned by the then Governor Tinubu administration in 2002 but now delivered by […] The post Tinubu Inaugurates Ojota-Opebi Link Bridge, Commends Lagos Development appeared first on Business Today NG.

Pipeline vandals in the Niger Delta have upgraded their operations, deploying surveillance cameras and advanced weaponry to evade security agencies. Warrendi Enisuoh, Tantita Security Service executive director of operations and technical services, disclosed these developments on Wednesday. Speaking at a parliamentary roundtable on pipeline security organised by the joint House and Senate committees on petroleum, […] read more Vandals deploy missiles and CCTV in Niger Delta oil war

Dozens of protesters stormed the National Assembly on Wednesday, as lawmakers ramped up discussions on crude oil theft and pipeline protection in Nigeria’s oil-rich Niger Delta. Operating under the Coalition of Civil Society for Economic Protection, the demonstrators marched to the legislative complex, chanting solidarity songs and holding placards with messages such as “Oil Thieves […] read more Protesters storm N’Assembly, demand stronger pipeline security amid oil theft debate

A group known as Make A Difference Initiative (MADI) has formally petitioned the Senate over what it describes as a violation of the Investment and Securities Act 2025 in the appointment of the Chairman of the Investment and Securities Tribunal. The petition, addressed to Senate President Godswill Akpabio and signed by Lemmy Ughegbe, MADI’s Executive […] read more Group drags Akume to Senate over conflicting presidential appointment

The crisis rocking the African Democratic Congress (ADC) appears to be widening across states, as the Kogi State chapter has asked party members to ignore a directive purportedly suspending the ongoing congresses. The directive was contained in a statement issued on Wednesday by the party’s publicity secretary in the state, Abdumalik Suleiman. According to Suleiman, […] read more ADC crisis spreads as Kogi chapter rejects suspension of congresses

President Bola Ahmed Tinubu, represented by Godswill Akpabio, president of the Nigerian Senate, on Wednesday, inaugurated critical infrastructure projects delivered by the Lagos State government, including the 5.04km Opebi-Mende Link Bridge, built to ease traffic flow around Ojota, Mende, Opebi, and Allen Avenue in Ikeja. The bridge comprises 2.01km of road, 2.80km of bridge and […] read more Akpabio steps in for Tinubu, inaugurates projects in Lagos

The Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) has called on Governor Abba Kabir Yusuf to consult the Organised Private Sector before appointing a new Commissioner for the Ministry of Commerce and Investment, stressing that the position is critical to Kano’s economic revival. Speaking on Wednesday during the First Quarter Council Meeting and […] read more KACCIMA urges Yusuf to appoint private sector expert as Commerce Commissioner

Just how much should investors worry about high oil prices? Amid the ongoing Middle East conflict, it is not surprising that investors are focused on energy prices, given that these remain the main channel to global financial markets. Many have been surprised, though, by the uneven impact across different markets. For example, many Asian equities […] read more Why USD 100 oil isn’t the economy killer it used to be

By Oluchi Okafor, Brand and Communications Manager, EFInA  Nigeria’s fintech story is often told through the lenses of scale and speed. Agent networks reach every ward, and payments settle in seconds; signals of technical sophistication. Yet there is a fundamental design flaw in that almost all digital financial services in Nigeria operate exclusively in English, […] read more Local Language Interfaces: A Critical Innovation Gap in Nigerian Fintech

By Dr Oluwatomi Eromosele, Research Lead, EFInA and Chioma Nwaiwu, Research Officer, EFInA Nigeria’s financial inclusion story reflects hard-won progress, yet a persistent divide remains. The A2F 2023 Survey shows formal inclusion reached 64% in 2023, up from 56% in 2020 and nearing the National Financial Inclusion Strategy’s 65% target for 2024. Yet these national […] read more Nigeria’s Urban-Rural Dichotomy and the ATM Infrastructure Challenge

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has intensified efforts to strengthen Nigeria’s private sector through international trade partnerships, skills development programmes and policy engagement aimed at improving business competitiveness. Speaking at the association’s First Quarterly Council Meeting held in Kano on Wednesday, Jani Ibrahim, NACCIMA National President, said the […] read more NACCIMA pushes global trade partnerships, skills development to boost Nigeria’s private sector

Atiku Abubakar, a former vice-president; David Mark, national chairman of the African Democratic Congress (ADC); and Rotimi Amaechi, former minister of transportation, on Wednesday spearheaded a protest tagged “Occupy INEC” in Abuja. Peter Obi, the Labour Party’s presidential candidate in the 2023 election; Rauf Aregbesola, former governor of Osun State; Rabiu Kwankwaso, former governor of […] read more Atiku, Obi, Amaechi, others lead “Save Our Democracy” protest against INEC