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Business
Why states must rethink governance before it is too late
In any rational system, a surge in revenue should translate into relief for citizens (better roads, functional hospitals, quality schools, and a visible improvement in living standards). But in Nigeria today, the opposite seems to be unfolding. At a time when allocations from the Federation Account Allocation Committee (FAAC) have risen by an astonishing 161 […] read more Why states must rethink governance before it is too late
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Infinix NOTE 60 Ultra Ushers in New Premium Era
Thanks to powerful partnerships with industry leaders, NOTE 60 Ultra represents Infinix’s boldest entry in the flagship tier. Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship which debuted in Barcelona during Mobile World Congress 2026. Co-developed with Italian automotive and design […] read more Infinix NOTE 60 Ultra Ushers in New Premium Era
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ARAMI: Celebrating fine dining, fine art in one space
If you are a lover of fine dining, particularly in a tranquil setting such as a rooftop, there is a deal for you. ARAMI, a new restaurant in town, amid stylish and world-class culinary offerings, has opened its doors to satiate your taste buds and passion. Owned by the L’Ori Hospitality Group, which also operates […] read more ARAMI: Celebrating fine dining, fine art in one space
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Learning from India’s state electricity market reforms
Nigeria’s electricity sector is at a defining moment. With the Electricity Act 2023, the country has begun decentralising power—allowing states to generate, distribute, and regulate electricity within their borders. This reform holds immense promise. But it also carries significant risk. The experience of India, which began a similar journey over two decades ago, shows that […] read more Learning from India’s state electricity market reforms
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World Cup: Italy’s sports minister rejects proposal to replace Iran
Italy’s sports minister Andrea Abodi has dismissed suggestions that the Azzurri could replace Iran at the 2026 FIFA World Cup, describing the idea as “not appropriate” and firmly ruling out any administrative route back into the tournament. Read Also: 2026 World Cup: Trump envoy urges FIFA to swap Iran for Italy The proposal emerged after […] read more World Cup: Italy’s sports minister rejects proposal to replace Iran
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S&P says Middle East war to hit African states’ credit ratings
The risk to African economies from the Middle East conflict is likely to worsen if the war drags on, given that many are net importers of oil, fuel and fertilisers, S&P Global said on Wednesday. In an assessment of the continent’s exposure to the crisis, the ratings agency said higher fuel and fertiliser import costs […] read more S&P says Middle East war to hit African states’ credit ratings
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FATE Foundation trains 256,277 entrepreneurs in 26 years
FATE Foundation has trained 256,277 entrepreneurs in Nigeria over 26 years, cementing its role at the forefront of enterprise development in Africa’s most populous nation. The non-profit has graduated 8,945 entrepreneurs from its flagship programmes since 1999, while reaching 247,332 more through short courses, self-paced learning and digital tools. Its podcasts and online platforms have […] read more FATE Foundation trains 256,277 entrepreneurs in 26 years
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Dangote Refinery exports 1.1bn litres of aviation fuel to Europe, supplies 95% of Nigeria’s Jet A1 – AON
The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide, while also exporting 1.1 billion litres of aviation fuel to Europe between March and […] read more Dangote Refinery exports 1.1bn litres of aviation fuel to Europe, supplies 95% of Nigeria’s Jet A1 – AON
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ADC lawmakers challenge Tinubu over $516m infrastructure loan
The African Democratic Congress (ADC) Legislators’ Forum has strongly condemned the move by President Bola Tinubu to secure Senate approval for an additional external loan of $516,333,070. The funds are intended for the Sokoto–Badagry Super Highway project. Forum members described the request as alarming and emblematic of an administration that has made reckless borrowing its […] read more ADC lawmakers challenge Tinubu over $516m infrastructure loan
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Due Diligence before Partnerships: Protecting your African expansion investments from costly risks
Dangers associated with investing in the African Market Space Foreign direct investment into Africa surged 75% to reach $97 billion in 2024, with North Africa alone growing 277% according to UNCTAD’s World Investment Report. Yet this optimism masks persistent risks that separate successful expansions from costly failures. In Sub-Saharan African regions, trust in public systems […] read more Due Diligence before Partnerships: Protecting your African expansion investments from costly risks
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The Founder Who Decided That African Businesses Deserved Better Systems
A conversation with Emmanuella Amah-Victor, founder of Ella’s Administrative Consult, as the company marks its third anniversary and relaunches with renewed purpose. Q: Before we get into the business – who is Emmanuella Amah-Victor, and what shaped the way you think about work?  A: I have always been someone who notices what is not working […] read more The Founder Who Decided That African Businesses Deserved Better Systems
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How to File a Motor Insurance Claim
BY NKECHI NAECHE-ESEZOBOR—Filing your motor insurance claim doesn’t have to be difficult if you follow the steps below: 1 Notification The first thing to do is inform your insurance company as soon as an incident occurs. Let them know what happened and whether you were at fault or not. The longer you delay reporting, the […] The post How to File a Motor Insurance Claim appeared first on Business Today NG.
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WORLD IN BRIEF: East Africa plans refinery with Dangote, UK jails HIV offender, Meta cuts jobs for AI push and other stories
Iran rejects Trump rift claim, insists on unity Iranian leaders have dismissed claims by Donald Trump, the US president, that there is a split within Tehran’s leadership, insisting the country remains united. President Masoud Pezeshkian, Abbas Araghchi, foreign minister and Mohammad Bagher Ghalibaf, parliament speaker, all rejected the assertion, issuing coordinated statements alongside the Supreme […] read more WORLD IN BRIEF: East Africa plans refinery with Dangote, UK jails HIV offender, Meta cuts jobs for AI push and other stories
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BusinessDay 24th Apr 2026
Click to read on our premium site read more BusinessDay 24th Apr 2026
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Why Nollywood can’t afford lifetime royalties to actors
The debate over lifetime royalties in Nollywood is currently hitting a wall of hard math. While the sentiment points toward a more dignified future for performers, the economic architecture of Nigerian cinema remains ill-equipped to sustain such a burden. The discourse highlights the structural fragility of one of Africa’s largest film industries. Unlike the billion-dollar […] read more Why Nollywood can’t afford lifetime royalties to actors
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The untold story of cancer survivors and life after treatment
…Three lives, three different journeys, one shared struggle A cancer diagnosis is not just a medical event; it is an existential disruption that ripples far beyond the physical body. Data published in the Journal of Oncology, Navigation and Survivorship reveals a sobering reality: more than 78 percent of Nigerian cancer patients experience significant psychological distress […] read more The untold story of cancer survivors and life after treatment
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Investors bet on state-led power deals over national grid
Investors eyeing Nigeria’s long-troubled power sector are increasingly bypassing broad national grid exposure in favour of state-led electricity deals with identifiable demand, contracted off-takers and clearer governance, a quiet but consequential shift in how Africa’s most populous country finances its energy future. The pivot, documented in a PwC report published this month following the firm’s […] read more Investors bet on state-led power deals over national grid
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The Quiet Architect of Influence: Celebrating Tunde Sarafadeen Rahman at 60
Few careers illustrate the power of journalism in shaping a nation’s conscience as vividly as that of Tunde Sarafadeen Rahman. Over four decades, his journey from newsroom reporter to presidential aide reflects a rare blend of intellectual discipline, strategic communication and unwavering commitment to the public good. Rahman’s story is not merely about professional advancement. […] read more The Quiet Architect of Influence: Celebrating Tunde Sarafadeen Rahman at 60
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Former Kaduna Governor Nasir El-Rufai Docked for Alleged Illegal Surveillance
The Department of State Services has arraigned former Kaduna State governor Nasir El-Rufai over alleged breaches of cybercrime laws. The Federal Government filed a five-count amended charge accusing El-Rufai of unlawfully intercepting and tapping the telephone communications of the National Security Adviser, Nuhu Ribadu, in violation of Nigeria’s cybercrime regulations. According to court documents, the […] The post Former Kaduna Governor Nasir El-Rufai Docked for Alleged Illegal Surveillance appeared first on Business Today NG.
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NCC targets 12,000 base station upgrades to improve telecom services
The Nigerian Communications Commission (NCC) says operators will upgrade 12,000 base stations in 2026 and begin compensating subscribers for poor telecom service. The Executive Vice-Chairman of NCC, Dr Aminu Maida, said this during a breakfast meeting with the media on Thursday in Lagos. Maida said the planned infrastructure expansion marked a major step in addressing […] The post NCC targets 12,000 base station upgrades to improve telecom services appeared first on Business Today NG.
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Tinubu expresses solidarity with Gulf states amid Iran war attacks
President Bola Tinubu has conveyed Nigeria’s solidarity with Gulf countries affected by attacks in the US-Israel war with Iran, describing the crisis as a threat to global peace that demands collective resolve. Tinubu made the remarks on Thursday at the State House in Abuja while receiving letters of credence from seven ambassadors and two high […] read more Tinubu expresses solidarity with Gulf states amid Iran war attacks
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Why More Nigerians Are Buying Dividend-Paying Stocks on i-invest
Every dividend season, a familiar pattern emerges in the Nigerian stock market: prices climb, conversations spark, and investors who were once on the sidelines suddenly rush back in. Shareholders of some of the companies listed on the Nigerian Exchange (NGX) are set to receive a combined dividend payout of N3.2 trillion for the 2025 financial […] read more Why More Nigerians Are Buying Dividend-Paying Stocks on i-invest
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Tinubu Meets APC Governors in Private Talks at Presidential Villa
President Bola Ahmed Tinubu on Thursday convened a private session with state governors affiliated with the All Progressives Congress (APC) at the Presidential Villa in Abuja. Initially slated for 4 p.m. in the Council Chamber, those present included the Chairman of the Progressive Governors’ Forum, Hope Uzodimma, along with Inuwa Yahaya, Babagana Zulum, Hyacinth Alia, […] The post Tinubu Meets APC Governors in Private Talks at Presidential Villa appeared first on Business Today NG.
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Court Jails Fraudster 37 years for N29m Procurement Fraud in Damaturu
Court Jails Fraudster 37 years for N29m Procurement Fraud in Damaturu Justice Lawu Lawan of the Yobe State High Court, Damaturu on Thursday 23, April 2026 convicted and sentenced one Abubakar Sadiq Abubakar to 37 years imprisonment. The defendant was arraigned by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on a […] The post Court Jails Fraudster 37 years for N29m Procurement Fraud in Damaturu appeared first on Business Today NG.
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VP Shettima Demands Expansion Of PPP Pipeline To Meet Nigeria’s Economic Ambitions
The Federal Government has reaffirmed its commitment to unlocking the full value of national assets and attracting global capital. This is just as the Vice President, Senator Kashim Shettima @officialSKSM , has called for an aggressive expansion of public-private partnerships to drive Nigeria’s economic ambitions. Speaking on Thursday during the first 2026 meeting of the […] The post VP Shettima Demands Expansion Of PPP Pipeline To Meet Nigeria’s Economic Ambitions appeared first on Business Today NG.
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Shettima calls for aggressive PPP expansion to drive $1trn-economy target
…NCP says efforts on to bridge 5.6 million metering gap, end estimated billing ….Says 1,437,000 metres already procured Kashim Shettima, the vice president on Thursday called for an aggressive expansion of public-private partnerships (PPPs) to drive Nigeria’s economic ambitions, as the federal government reaffirms its commitment to unlocking the value of national assets. Speaking during […] read more Shettima calls for aggressive PPP expansion to drive $1trn-economy target
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Tinubu congratulates Oreofe, 2026 African spelling bee champion
President Bola Tinubu on Thursday, congratulated 14-year-old Adeolu Oluwadamilola Oreofe for winning the 2026 African Spelling Bee competition in the Junior Category of the event held recently in Harare, Zimbabwe. Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a statement , that ” Oreofe, a student of St. Lawrence Metropolitan […] read more Tinubu congratulates Oreofe, 2026 African spelling bee champion
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Gathering on 100 5-aside tourney off to flying start at National Stadium
The 5-aside tournament at The Gathering on 100 got off to an exciting start with knockout fixtures delivering goals, intensity and early statements at the National Stadium, Surulere. With the competition opening in a knockout format, teams approached their first games with urgency, knowing any slip could mean an early exit. That intensity was evident, […] read more Gathering on 100 5-aside tourney off to flying start at National Stadium
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Inclusion Is a Design Choice: Rethinking Women’s Leadership and Governance in Nigeria
For years the debate on women’s leadership in Nigeria has been framed as a pipeline problem. The claim has been that there are not enough qualified women to take on leadership roles across business, government and politics. That argument no longer stands. Nigerian women today are among the most educated competent and globally exposed on […] read more Inclusion Is a Design Choice: Rethinking Women’s Leadership and Governance in Nigeria
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14m Nigerians, with 400,000 Ondo residents affected by illicit drug use — NDLEA
Buba Marwa, Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), has said that over 14 million Nigerians, including about 400,000 residents of Ondo State, are affected by the illicit drug use. Marwa, a retired Brigadier-General, who said this recently during the destruction of about 83.35 tonnes of assorted illicit drugs at the […] read more 14m Nigerians, with 400,000 Ondo residents affected by illicit drug use — NDLEA
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The Bull Symbolism in Mike Adenuga Metaphor :A Tribute to Mr. Chairman @ 73
BY L. E. Ibeayoka—At seventy-three, the Bull still stands—unbowed, unhurried, unbroken—like an ancient force of nature that time itself has learned to respect rather than resist. The sun has not dimmed his radiance, nor has the passage of years corroded the architectural brilliance of his vision. Dr. Mike Adenuga Jr., GCON, enters this season of […] The post The Bull Symbolism in Mike Adenuga Metaphor :A Tribute to Mr. Chairman @ 73 appeared first on Business Today NG.
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How Appeal Court removed Ondo monarch over illegal appointment
The Court of Appeal sitting in Akure has affirmed the judgment of the Ondo State High Court which removed Babajide Lawrence Oluwole as the Olu-Oke of Oke-Igbo in Ile-Oluji/Oke-Igbo Local Government Area. Oluwole was appointed in 2018 by the Ondo State Government, succeeding Timothy Fasawe. However, his emergence was challenged by the Aare Kugbaigbe Ruling […] read more How Appeal Court removed Ondo monarch over illegal appointment
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Queiroz: Ghana World Cup role biggest challenge of my career
Carlos Queiroz said that leading the Black Stars of Ghana at the 2026 World Cup will be “the biggest challenge” of his career. The appointment of Queiroz, who managed Iran at the 2022 World Cup and had a stint with Real Madrid, has generated excitement among Ghanaian fans, highlighting the expectations surrounding a team aiming […] read more Queiroz: Ghana World Cup role biggest challenge of my career
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NCC Launches Nigeria IPv6 Council to Boost Digital Future
BY  NKECHI NAECHE-ESEZOBOR—The Nigerian Communications Commission NCC) has established the Nigeria IPv6 Council to promote faster adoption of Internet Protocol version 6 and improve the country’s digital strength, security, and independence. At the launch in Lagos, the NCC’s Executive Vice Chairman, Aminu Maida, described the move as a major step forward in Nigeria’s technological development. […] The post NCC Launches Nigeria IPv6 Council to Boost Digital Future appeared first on Business Today NG.
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Agriculture Ministry inaugurates new civil service leadership to boost food security
The Federal Ministry of Agriculture and Food Security has inaugurated a new executive committee of the Association of Senior Civil Servants of Nigeria (ASCSN), FMAFS chapter. This move underscores the link between improved staff welfare, institutional efficiency, and Nigeria’s food security targets. The ministry positioned the leadership transition as part of broader internal reforms aimed […] read more Agriculture Ministry inaugurates new civil service leadership to boost food security
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Dangote Refinery supplies 95% of Nigeria’s aviation fuel, AON says
…exports 1.1bn litres to Europe The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical support for the country’s aviation sector, stating that the facility currently supplies more than 95 percent of Jet A1 fuel consumed nationwide. Obiora Okonkwo, AON spokesperson, disclosed this during a television interview, noting […] read more Dangote Refinery supplies 95% of Nigeria’s aviation fuel, AON says
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