Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh capital following the conclusion of the Central Bank of Nigeria’s (CBN) 24-month recapitalisation programme. The exercise, which began in March 2024, was designed to strengthen the banking sector’s resilience, improve capital adequacy, and enhance the capacity of financial institutions to support economic growth […] The post Nigerian Banks Raise ₦4.65 Trillion as CBN Ends Recapitalisation Drive appeared first on Business Today NG.

Javier Pastore, the agent representing Enzo Fernandez, has criticised Chelsea’s decision to suspend the Argentinian midfielder following recent comments about his future. Chelsea manager Liam Rosenior confirmed during a pre-match press conference that Fernández will miss the club’s next two fixtures, an FA Cup quarter-final against Port Vale and a Premier League clash with Manchester […] read more Enzo Fernandez’s agent slams Chelsea suspension as ‘unfair’

Nigeria’s fixed broadband market has exploded in the past 13 months, but almost all the growth has come from one company. According to the latest Nigerian Communications Commission data, total fixed subscribers jumped from 14,053 in January 2025 to 124,590 by February 2026, a 787 percent surge. MTN Fixed, operating as FibreX, now accounts for […] read more Fixed fibre boom driven solely by MTN as rivals stagnate

The Movement for Credible Elections (MCE) has accused the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) of undermining Nigeria’s democratic process, warning that the 2027 general election is under serious threat. The position was made known on Thursday at a press conference in Victoria Island, Lagos, addressed by Pat Utomi, […] read more 2027: Utomi, MCE alleges plan to exclude opposition

Enzo Fernandez has been dropped from the Chelsea squad for their next two matches following comments about his future that have unsettled the club. The Argentina international spoke to journalists while on international duty and refused to rule out a potential move to Real Madrid, fuelling speculation he could leave Stamford Bridge after more than […] read more Chelsea drop Enzo Fernandez after Real Madrid comments spark controversy

A broad coalition of political stakeholders and residents in Surulere has advised the Chief of Staff to the President, Femi Gbajabiamila, against any attempt to impose Desmond Elliot for a fourth term as member representing Surulere Constituency I in the Lagos State House of Assembly. The group, under the aegis of the Surulere Accountability Front […] read more Fresh crisis brews in Surulere as residents resist Elliot’s continued stay in Assembly

Nigeria’s naira closed a shortened trading week largely unchanged in the official market, even as the country’s external reserves extended a 13-day decline, underscoring persistent pressure on foreign-exchange buffers despite firmer oil prices and continued Central Bank support. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated slightly by N3.09 to N1,380.79 […] read more Naira ends week flat as reserves post 13-day losing streak

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Friday announced her intention to appoint Zeine Zeidane as director of the African Department (AFR). Zeidane will succeed Abebe Aemro Selassie, who will retire from the Fund on May 1, 2026. “I have informed the Executive Board of my intention to appoint Zeine Zeidane […] read more IMF’s MD appoints Zeine Zeidane as director of African department

Côte d’Ivoire is fast-tracking fund domiciliation reforms to become the West African Economic and Monetary Union’s (WAEMU) private capital hub. Policymakers and investors at an Abidjan roundtable have urged pension fund mobilisation and Ohada alignment to unlock billions in domestic flows, according to AMF-Umoa’s Mahamadi Balima. The push came at a high-level roundtable held at […] read more Côte d’Ivoire fast-tracks reforms to become WAEMU private capital hub

China and Pakistan have jointly proposed a five-point initiative aimed at restoring peace and stability in the Gulf and Middle East, calling for an immediate ceasefire, urgent dialogue, and strengthened protection for civilians and critical infrastructure. The proposal emerged after talks in Beijing between Wang Yi, Chinese Foreign Minister and Ishaq Dar, Pakistan’s Deputy Prime […] read more China, Pakistan unveil five-point peace plan for Gulf, Middle East stability

Halter, an agricultural technology company known for its virtual fencing and livestock management systems, is ramping up its expansion efforts as farmers adopt digital tools to improve productivity and reduce costs. The New Zealand-based startup builds solar-powered smart collars for cattle that use GPS, sound, and vibration cues to guide animal movement without the need […] read more Halter builds Agritech tool that keeps livestock from wandering away without physical fence

David Mark, a former Senate President and Chairman of the African Democratic Congress (ADC), has accused Nigeria’s electoral body of undermining democracy and aiding what he described as a deliberate attempt to weaken opposition ahead of the 2027 general elections. Speaking at a world press conference in Abuja, Mark said the Independent National Electoral Commission […] read more Mark accuses INEC of undermining democracy, demands chairman’s removal

Olumide Shoyombo, veteran investor and entrepreneur says many startups fail for the same reasons marriages break down. Speaking on The Echo Podcast hosted by Olushola Olaleye, the investor offered a blunt assessment of the human factors which include lack of trust, poor communication and misaligned expectations, undermining startups, He argued that founder relationships, not just […] read more Shoyombo on the Echo Podcast : Why startup partnerships fail like bad marriages

Nigeria’s leadership crisis is no longer defined by a lack of talent but by a failure to prepare those who rise to power, according to policymakers and governance experts who say the country is producing ambitious leaders without the grounding to sustain influence. That concern framed discussions around “Leading at 27: How Young Leaders Can […] read more Young leaders unprepared for power, experts warn as leadership debate deepens

…Nigeria shows model’s resilience with 13 hotels Since its entry into the African hospitality market in the year 2000 with Radisson Blu in Cape Town, South Africa, the Radisson Hotel Group has hugely impacted the continent’s hospitality industry, amid skills upgrade, world-class infrastructure and sustained growth. This year, which is barely the group’s two decades […] read more Radisson Hotel Group surpasses 100 hotels in Africa, on track with 2030 ambition

The leadership of the All Progressives Congress (APC) is set to make a high-level visit to former Kano State governor Ibrahim Shekarau in a fresh political move aimed at strengthening the party’s influence in Kano ahead of the 2027 general elections. Party sources at the APC national secretariat confided to BusinessDay, that the visit, scheduled […] read more APC targets former Kano Governor Shekarau,  plans high-level visit to him

Youths in Ondo State have commended, the Minister of Youth Development, Ayodele Olawande, for his ongoing humanitarian efforts in the state, particularly the expansion of the renewable energy streetlight project that is reshaping urban and rural communities of the state. The youths under the aegis of the Coalition of Ondo Emerging Leaders (COEL) emphasised that […] read more Coalition commends youth minister’s humanitarian drive, leadership model

After more than 40 days in detention, social media critic Abubakar Adamu has been granted bail by the Federal High Court in Kaduna today Friday, bringing a temporary reprieve in a case that has ignited nationwide debate over freedom of expression. Adamu was arrested by Nigeria’s Department of State Services (DSS) following a controversial social […] read more Adamu granted bail after 40 days In DSS custody, sparks free speech debate

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central Bank of Nigeria (CBN) to submit Board-approved Risk-Based Capital (RBC) stress test reports, marking a tougher phase of oversight after the industry’s recapitalisation exercise. The directive, issued March 6, 2026 requires banks to assess how their capital positions would hold […] read more Nigeria banks face April deadline in new capital stress regime

Every brand with a social media presence has seen it: a frustrated customer, a public complaint, and a comment thread that grows uncomfortably long. What happens next reveals far more about a brand’s communication culture than any carefully crafted press release ever could. When a customer voices a complaint about a product or service on […] read more What resilient brands do differently with social media backlash

Wema Bank has won the SME Financier of the Year and Best SME Lending Product – Digital Bank awards at the Global SME Banking Innovation Awards 2026, in recognition of its contributions to expanding access to finance for small and medium-sized enterprises. The awards, presented on March 12, 2026, celebrate financial institutions demonstrating innovation, institutional […] read more Wema Bank emerges winner at Global SME Banking Innovation Awards

The Bauchi State Government has successfully evacuated 64 students of the University of Jos (UNIJOS) back to the state. The operation follows increasing security concerns in Plateau State. Hadiza Abdulkadir Kango, Higher Education and Regional Integration Commissioner, confirmed that the students arrived safely in Bauchi in the early hours of Friday. Kango explained that she […] read more Bauchi State Government evacuates 64 UNIJOS students

In the early vision of satellite internet pioneer SpaceX, Starlink was designed to bridge the digital divide—bringing fast, reliable connectivity to remote communities long excluded from the global economy. From isolated villages in sub-Saharan Africa to maritime routes and disaster zones, the promise was simple: internet access anywhere, anytime. But in the Sahel—a vast, unstable […] read more Digital frontlines: How Starlink became a strategic asset in the Sahel conflict

The Presidency has attributed President Bola Tinubu’s engagement with Plateau elders at the Jos airport on Thursday, to the President’s long engagements with the Chadian leader, Idriss Derby in Abuja earlier and the absence of night flights navigational aids, at the Jos airport. Bayo Onanuga, the special adviser to the President on Information and Strategy, […] read more Why Tinubu met Plateau elders at Jos airport – Presidency

President Bola Ahmed Tinubu, GCFR, has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). He replaces Ahmed Galadima Aminu, who recently resigned to participate in the 2027 governorship election in Adamawa State. President Tinubu has also renewed Engineer Sule Ahmed Abdulaziz’s appointment as the Managing Director/Chief Executive […] The post Tinubu Names New PTDF Executive Secretary, Extends TCN CEO’s Tenure appeared first on Business Today NG.

Clerical and administrative roles, have traditionally been "pathway jobs" that offer stable employment but could be lost by AI-driven automation read more AI automation erasing pathway jobs in developing countries

Quite apart from being an assembly of Nigeria’s most confused and desperate politicians, the African Democratic Congress (ADC) has distinguished itself as a peddler of rabid conspiracy theories about what the All Progressives Congress (APC) is or is not doing to undermine the party. The ADC is a party that never was. By design, it […] The post APC to ADC: You Are the Architect of Your Own Fate appeared first on Business Today NG.

Lasaco Assurance Plc has announced a rights issue of 9,236,321,546 ordinary shares as part of efforts to reinforce its capital base and support future growth. This was disclosed by the company during a signing ceremony that took place at its Head office in Lagos, following the approval by the Nigerian Exchange Group (NGX) and the […] The post Lasaco Assurance Launches N18.47bn Rights Issue April appeared first on Business Today NG.

In 2014, with no job offer in sight after graduation, Victoria Mamza, founder of Wangarau Foods, made a decision that would define her path. She chose to build something of her own. What started as a small idea in her kitchen has since grown into a recognised food processing and distribution business now employing over […] read more How Wangarau Foods grew from a kitchen startup

BY NKECHI NAECHE-ESEZOBOR—Mutual Aid Specialist (MAIDS) Micro-Insurance Limited has taken a bold step to reshape Nigeria’s insurance landscape with the launch of its Blockchain Hybrid Mutual Insurance (BLOHMI) model, the first of its kind in the country. Unveiled in Yaba, the innovation leverages blockchain technology to deliver transparent, community-driven, and affordable insurance solutions tailored to […] The post Blockchain Meets Insurance as MAIDS Unveils New Coverage Platform appeared first on Business Today NG.

Global food prices climbed in March to their highest level since September 2025, as rising energy costs tied to the escalating U.S.-Iran conflict pushed up production and transport expenses, the Food and Agriculture Organisation said Friday. The FAO Food Price Index, which tracks changes in a set of globally traded food commodities, rose by 2.4 […] read more Global food prices rise in March as US-Iran war raises energy costs – FAO

The Australian government has announced a minimum salary threshold of AUD 76,515 for foreign workers seeking employment- sponsored visas. This raises the bar for most skilled migration categories. Current projections suggest Australia will face a shortage of 250,000 workers in technology, finance, and business roles by 2030. To meet the needs of the decade, the […] read more Foreign workers in Australia must now earn minimum AUD 76,515 for sponsorship 

Egypt held its benchmark interest rates steady, joining a growing list of African economies that have paused monetary easing as escalating Middle East tensions weaken currencies and push up energy costs. The Central Bank of Egypt left its deposit rate unchanged at 19 percent and lending rate at 20 percent on Friday, marking a pause […] read more Egypt joins African peers in holding rates as Middle East war fuels inflation

Kashim Shettima, the vice president of Nigeria will on Tuesday, April 7, formally flag-off of Nigeria’s first University Innovation Pods (UNIPOD) at the University of Lagos (UNILAG), Akoka. The University Innovation Pods is an initiative of the United Nations Development no Programme (UNDP) in partnership with the federal government of Nigeria, which is aimed to […] read more Shettima to flag-off Nigeria’s first UNIPOD at UNILAG

The German government has announced a major change to its student visa application process in Nigeria, directing all applicants to a dedicated visa application centre in Lekki, Lagos. In a notice shared via its official X handle on Tuesday, the German Embassy in Nigeria stated that student visa applications will no longer be submitted at […] read more Germany moves Nigerian student visa processing to Lagos centre

Lagos State Transport Union Leaders have announced that no commercial vehicle will load at the various parks and garages between the hours of 6.30 am and 8.30 am on the last Saturday of every month. Transporters noted in a statement signed by Kunle Adeshina, director of public affairs, on Wednesday, while pledging their commitment and […] read more Lagos transport unions stops commercial vehicles from moving during monthly sanitation exercise