In a move that has sent ripples through the corridors of power and the financial markets alike, President Bola Ahmed Tinubu has fundamentally recalibrated the leadership of Nigeria’s economy. The departure of Wale Edun as minister of finance and coordinating minister of the economy marks the most consequential change in a cabinet reshuffle aimed at […] read more Like Uzoka-Anite, Tinubu’s latest cabinet reshuffle came without notice for Edun

The African Democratic Congress (ADC) and the Peoples Democratic Party (PDP) are set for a decisive moment today as the Supreme Court delivers rulings on separate appeals arising from their internal leadership disputes. The judgements are expected to significantly shape the political landscape ahead of the 2027 general elections. Read also: Taiwo Oyedele faces tough economic […] read more Nigeria’s top opposition parties await decisive Supreme Court ruling today

The Nigeria Centre for Disease Control and Prevention (NCDC) has reported one confirmed case of COVID-19 in Cross River State, noting that there is currently no evidence of wider transmission. In a release, the health authority disclosed that the affected individual has been placed in isolation and is in stable condition, receiving care in accordance […] The post NCDC Confirms Isolated COVID-19 Case in Cross River, Says No Sign of Spread appeared first on Business Today NG.

BY SUNDAY SAMUEL—The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured the conviction of a dismissed staff member of the National Examinations Council (NECO), Abdulwahab Sule, for offences bordering on certificate forgery and related corrupt practices. The conviction was delivered by the High Court of Niger State sitting in Minna, presided over […] The post ICPC Secures 24-Year Jail Term for Dismissed NECO Staff Over Certificate Forgery appeared first on Business Today NG.

The Central Bank of Nigeria (CBN), on Tuesday   warned members of the public about the circulation of fraudulent messages, emails, and online communications falsely claiming to originate from the apex bank. In a statement, the CBN said the misleading messages are designed to spread false information about its leadership, licensing, and policy issues, while […] The post CBN Alerts Public to Fake Messages, Fraudulent Links appeared first on Business Today NG.

Africa is entering a more complex phase, shaped by rising geopolitical tensions, shifting capital flows, and uneven growth across key markets. From currency pressures in East Africa to record valuations in Nigeria’s banking sector and renewed momentum in frontier economies, the continent is navigating both opportunity and risk in an increasingly volatile global environment. Global […] read more AFRICA FINANCE IN BRIEF: Oil risks intensify, bank rallies, growth shifts

Ecobank Transnational Incorporated is in advanced talks with Bank of China to launch a direct local-currency-to-yuan settlement platform by year-end, as trade ties between Africa and China deepen. The proposed platform would allow businesses to settle transactions directly in Chinese yuan, bypassing the US dollar and reducing conversion costs that have long weighed on African […] read more Ecobank, Bank of China eye yuan settlement platform to cut dollar dependence

Nigeria’s cosmetics import bill, estimated at over $1.1 billion, is intensifying calls for stronger local manufacturing and value addition in the sector, as policymakers and industry experts push for reduced dependence on imports. This was revealed at the media parley hosted by Nnanyelugo Ike-Muonso, director general, Raw Materials Research and Development Council, RRMRDC,in Abuja on […] read more Nigeria spends over $1.1bn on cosmetics as import bill fuels local manufacturing push

Children aged 17 and below in the UK are set to be permanently barred from buying cigarettes after Parliament approved new anti-smoking laws in what ministers describe as the most significant public health reform in a generation. According to the BBC, both the House of Commons and the House of Lords have now agreed on […] read more Children under 18 to face lifetime cigarette ban in UK

The federal government says 1,256,791 children have received the malaria vaccine across four states as the country works through challenges linked to the vaccine’s four-dose schedule. The federal Government, in October 2024 received the first batch of 864,200 doses of the R21/Matrix-M malaria vaccine from Gavi, the Vaccine Alliance. Muyi Aina, executive diretor/CEO of the […] read more Over 1.2m children have received malaria vaccine across four states, says FG

Rising cancer cases in Nigeria, especially among women, are not just a growing health concern but a reflection of population growth, longer life expectancy, improved detection, and shifting lifestyles, experts say. According to data from the International Agency for Research on Cancer (IARC), Nigeria recorded about 127,763 new cancer cases in 2022, with women accounting […] read more Why cancer cases are rising among women in Nigeria

BY NKECHI NAECHE-ESEZOBOR—Ahead of ongoing recapitalization in the financial sectors, the  Federal Competition and Consumer Protection Commission, FCCPC, has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations relating to mergers, acquisitions and other business combinations under the Federal Competition and Consumer Protection Act, 2018. The Commission reiterated that, under […] The post FCCPC Warns Against Violation of Merger and Acquisition Process appeared first on Business Today NG.

The Raw Materials Research and Development Council, RMRDC yesterday, unveiled the pilot phase of the Nigerian Information Statistical Systems for Raw Materials Integrated Raw Materials, known as NISSRAMP. The upgraded platform was created  to address longstanding data gaps across the raw materials value chain. Speaking at the unveiling in Abuja on Tuesday, Nnanyelugo Ike-Muonso, director-general and […] read more RMRDC rolls out new platform to boost raw materials, manufacturing data

…offers a three-year warranty and flexible payments In a bid to reshape how students learn and teachers deliver lessons, Teesas Education has unveiled interactive boards that promise to bring greater engagement, collaboration, and digital integration into Nigerian classrooms. Osayi Izedonmwen, chairman/founder at Teesas Education, speaking at the launch held in Lekki-Lagos, said, “Teesas Education is […] read more Teesas Education rolls out smart boards to power digital classrooms in Nigeria  

President Bola Tinubu has appointed Taiwo Oyedele as Nigeria’s minister of finance, replacing Wale Edun in a cabinet reshuffle that brings a career technocrat to the centre of the country’s economic management. The appointment completes a rapid transition for Oyedele, who moved from leading Nigeria’s tax reform efforts to serving briefly as minister of state […] read more Meet Taiwo Oyedele, the tax reform strategist now Nigeria’s finance chief

The Nigeria Centre for Disease Control and Prevention (NCDC) has confirmed a fresh COVID-19 case in Cross River State, involving a 53-year-old Chinese national. The agency in a terse statement on Tuesday said it was working closely with the state authorities on the development. “The NCDC is aware of this and are working closely with […] read more NCDC confirms fresh COVID-19 case in Cross River

The Nigeria Police Force has begun proceedings of its Force Disciplinary Committee (FDC) to examine unresolved misconduct cases involving 167 senior officers accused of violating professional ethics and other associated infractions. The session, currently taking place at the Force Headquarters in Abuja, is part of continued measures to boost internal oversight, enforce discipline, and maintain […] The post Police Begin Review of 167 Senior Officers Over Disciplinary Cases appeared first on Business Today NG.

Pep Guardiola has eased concerns over Rodri’s fitness, insisting the midfielder is unlikely to miss the remainder of the Premier League season, though he will sit out Manchester City’s trip to Burnley on Wednesday. The 2024 Ballon d’Or winner played a key role in City’s crucial 2-1 victory over Arsenal but was forced off late […] read more Guardiola provides Rodri injury update ahead of Burnley fixture

…Let public feel positive effect of tax paid – Olubadan Oyo State Government has approved the establishment of the Sports School in Ibadan principally for the development and empowerment of talented youths. Temitope Obideyi, Chairman, Ex-Ibadan footballers Association (EIPFA) disclosed this when the Association paid a courtesy visit and presentation of award of recognition to […] read more Oyo govt to establish sports school in Ibadan

…Holds security meeting with Ifelodun LG Council Kwara State Governor Abdulrahman Abdulrazaq on Tuesday visited the six soldiers who were recently injured in a counterterrorism operation in Kaiama, Kaiama Local Government, commending them for their gallantry and resilience. Three brave soldiers paid a supreme price during the fierce encounter in which several of the terrorists […] read more Abdulrazaq visits injured soldiers, pledges N90m support for affected families

The Nigerian Guild of Editors (NGE) has raised the alarm over what it described as a growing threat to press freedom following the Nigerian Broadcasting Commission’s (NBC) warning that broadcast presenters could face sanctions for allegedly presenting personal opinions as facts or “bullying” guests on air. In a statement on Tuesday signed by its President, […] read more Editors warn against assault on press freedom

Isaacs Kekemeke, the National Vice Chairman (South West) of All Progressives Congress (APC), has stated that he is running to represent Ondo South Senatorial District in the forthcoming general elections in order to provide fair, fearless and quality representation. According to him, his legislative agenda would prioritise the needs and aspirations of the people of […] read more Why I’m contesting to represent Ondo South in Senate — Kekemeke

BY NKECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has announced that v will officially close on May 13, 2026, marking the end date for eligible shareholders to participate in the capital raising exercise. The offer is part of the company’s strategy to strengthen its financial base, boost underwriting capacity, and support its expansion plans within Nigeria’s insurance sector. […] The post Lasaco Assurance’s ₦18.47bn Rights Issue Closes May 13 appeared first on Business Today NG.

Former Minister of Finance and Co-ordinating Minister of the economy Wale Edun has thanked the President for giving him the opportunity to serve Nigeria. Edun who was removed Tuesday said, “I wish to thank His Excellency, President Bola Ahmed Tinubu, GCFR for the opportunityto serve our country from the outset of his administration in May […] read more Edun thanks Tinubu for chance to serve Nigeria, says proud of record

Nasir El-Rufai, former Kaduna State governor, is to remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) until June, after the Kaduna State High Court on Tuesday declined to rule on his bail application. Presiding judge, Justice Darius Khobo, instead adjourned the ruling on the bail request and ordered […] read more El-Rufai to remain in ICPC custody till June

The Kingdom of Saudi Arabia has expressed interest in strengthening cooperation with the Federal Capital Territory (FCT) across key sectors including security, economic development, and green city initiatives. Saudi Arabia’s Ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, made the appeal on Tuesday during a visit to Nyesom Wike, FCT Minister in Abuja. Al-Balawi commended the […] read more Saudi Arabia seeks FCT partnership on green cities, security, economic development

WhatsApp, a Meta-owned messaging platform, is currently testing a new premium subscription service known as ‘WhatsApp Plus’, introducing a range of features that will not be available to regular users on the free version. The optional plan, currently rolling out to a limited number of Android beta users, reveals a shift in WhatsApp’s long-standing free-to-use […] read more WhatsApp’s premium pivot divides free, paid users

The Economic and Financial Crimes Commission (EFCC) has warned Nigerians about a surge in criminal activities involving individuals impersonating its operatives and staging fake enforcement operations. In a statement released on Tuesday, the Commission said it had uncovered multiple schemes by fraudsters aimed at tarnishing its image and exploiting unsuspecting members of the public. The […] read more EFCC raises alarm over rising impersonation, fake sting operations

When PalmPay launched in 2019, it entered a crowded financial space already dominated by traditional banks, emerging fintech startups, and a strong cash-based culture. Six years later, the company says it has grown to over 35 million users. But in Nigeria’s fast-changing digital finance sector, large user numbers alone do not tell the full story. […] read more How PalmPay embedded itself in daily transactions of 35m Nigerians

Snappcode Academy has partnered with ZedCrest Wealth to train 1,000 creatives in financial and investment literacy, in a move aimed at addressing the growing gap between income generation and long-term wealth creation in Nigeria’s fast-rising creator economy. The initiative targets content creators, filmmakers, designers, and other digital entrepreneurs who are earning more through platforms like […] read more Snappcode, ZedCrest move to close wealth gap as 1,000 creatives get financial literacy boost

Afretrade, a pan-African trade and cultural enterprise, has launched a continent-wide roadshow aimed at discovering and promoting African creatives and startups, as part of efforts to position them for global opportunities. The initiative, unveiled in Lagos, comes ahead of the Afretrade Entrepreneur Festival (TAEF) scheduled to hold in June, and has already attracted over 300 […] read more Afretrade Targets global market with Pan-African talent hunt, $10,000 grant push for startups, creatives

The Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX RegCo) have convened the 3rd edition of the Corporate Reporting Awards, recognising listed companies on Nigerian Exchange (NGX) for excellence in financial reporting, corporate governance, and sustainability disclosures for the 2024 financial year. Covering companies on the NGX 30 Index, the awards […] read more ICAN, NGX RegCo recognise companies excellence in financial reporting, corporate governance, sustainability disclosures

The suspects   BY SUNDAY SAMUEL—Troops of the Nigerian Army have arrested a suspected high-profile militant commander, identified as “Calamity,” alongside four other individuals during a pre-dawn operation in Ebonyi State. The raid, carried out under ongoing security operations in the South-East, targeted a hideout linked to members of the proscribed Indigenous People of Biafra […] The post Troops Arrest Notorious IPOB/ESN Commander ‘Calamity’ in Ebonyi Raid appeared first on Business Today NG.

BY SUNDAY SAMUEL—Justice Joyce Abdulmalik of the Federal High Court, Maitama, Abuja, on Tuesday, April 21, 2026, warned counsel appearing before her against engaging in conduct capable of stalling proceedings, threatening to invoke the court’s contempt powers where necessary. The warning came during proceedings in a matter involving the Economic and Financial Crimes Commission, EFCC […] The post Malami: Court Warns Counsel, Threatens Contempt Over Unruly Conduct appeared first on Business Today NG.

BY SUNDAY SAMUEL—Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission EFCC, Ikoyi, Lagos  have commenced an investigation of a suspected fake lawyer, John Anoruo, for possession of a forged seal of the Nigerian Bar Association, NBA. Anoruo, who operates a legal and educational consultancy in the Ikorodu area of Lagos, […] The post Fake Lawyer in EFCC Net Over Alleged Forged Bar Association Seal appeared first on Business Today NG.

The conviction of a suspected internet fraud recruiter in Benin City has shed light on how a group of 17 young men arrested by security operatives became the turning point in a major investigation. The breakthrough came after the suspects, initially apprehended in connection with an alleged cybercrime training camp, reportedly provided information that helped […] The post How 17 Arrested Boys Led to EFCC Breakthrough in Fraud Case appeared first on Business Today NG.