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Business
FG Approves Kogi–Hunan Free Trade Zone, Sets Stage For Ajaokuta Economic City Launch
The Federal Government has approved the establishment of the Kogi–Hunan Free Trade Zone, marking a major step toward the development and eventual launch of the Ajaokuta Economic City.  The approval follows a strategic partnership between the Kogi State Government, led by Governor Ahmed Usman Ododo, and the Zhuzhou Municipal Government of Hunan Province, China, under […] The post FG Approves Kogi–Hunan Free Trade Zone, Sets Stage For Ajaokuta Economic City Launch first appeared on Business Today NG.
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Niger State Receives 100 Rescued Schoolchildren Kidnapped
BY JOE ADEBOWALE—The Niger State Government has received 100 schoolchildren who were abducted last month from St. Mary’s Catholic Primary and Secondary School, Papiri, in Agwara Local Government Area. The children regained their freedom 17 days after the attack, which had left families, community members and the government in deep distress. While the release has […] The post Niger State Receives 100 Rescued Schoolchildren Kidnapped first appeared on Business Today NG.
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Alleged N76bn, $31.5m Fraud: How Former AMCON MD Ahmed Kuru Diverted N4.9bn From Defunct Arik Air – EFCC Investigator
SUNDAY SAMUEL—A prosecution witness on Monday, December 8, 2025, told Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, how former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and others allegedly diverted N4.9 billion belonging to the now-defunct Arik Air Limited to establish a new airline, NG […] The post Alleged N76bn, $31.5m Fraud: How Former AMCON MD Ahmed Kuru Diverted N4.9bn From Defunct Arik Air – EFCC Investigator first appeared on Business Today NG.
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Olukoyede Shines at NEAPS
BY SUNDAY SAMUE—The Executive Chairman of the Economic and Financial Crimes Commission, EFCC,  Mr. Ola Olukoyede was on Sunday,  December 7,  2025,  honoured with   Nigeria Excellence Awards in Public Service (NEAPS) The Award, an initiative of the Office of the Secretary to the Government of the Federation in collaboration with The Best Strategic Media, […] The post Olukoyede Shines at NEAPS first appeared on Business Today NG.
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Tinubu Hails Rescue Of 100 Niger Students, Orders Swift Release of Remaining Hostages
President Bola Tinubu has commended the security agencies for their tireless efforts in securing the freedom of the 100 students of Papiri Catholic School in Niger State. While expressing his joy over the safe return of the students, President Tinubu equally charged the security agencies to ensure the swift release of the remaining 115 students […] The post Tinubu Hails Rescue Of 100 Niger Students, Orders Swift Release of Remaining Hostages first appeared on Business Today NG.
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Nigeria’s $11bn logistics market draws TY Park interest
TY Logistics Park FZE has opened West Africa’s first Grade-A contract logistics facility in Nigeria’s Lekki Free Zone, betting that read more Nigeria’s $11bn logistics market draws TY Park interest
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Enugu Appeal Court Sets Aside Judgment Clearing Man Accused of N2.9m Land Fraud
The Enugu State Division of Court of Appeal has set aside judgment of the Federal High Court sitting in Independence Layout, Enugu which discharged and acquitted one Henry Ugwuede for offences bordering on land scam. Ugwuede was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC before Justice R. O. […] The post Enugu Appeal Court Sets Aside Judgment Clearing Man Accused of N2.9m Land Fraud first appeared on Business Today NG.
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Naira maintains stability as external reserves cross $45bn mark
The naira on Monday maintained its stability across segments of the foreign exchange (FX) market as Nigeria’s external reserves... read more Naira maintains stability as external reserves cross $45bn mark
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Club Brugge sack manager ahead of UCL showdown with Arsenal
Belgian giants Club Brugge have sacked head coach Nicky Hayen just two days before their crucial UEFA Champions League clash read more Club Brugge sack manager ahead of UCL showdown with Arsenal
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Alonso charges Real Madrid to bounce back against Man City
Xabi Alonso says Real Madrid must “turn the page quickly” as they prepare for Tuesday’s crucial UEFA Champions League matchday six read more Alonso charges Real Madrid to bounce back against Man City
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GCR upgrades NEM Insurance to AA+ (NG) with stable outlook
GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national scale financial strength rating to AA+ (NG) from AA(NG), with the read more GCR upgrades NEM Insurance to AA+ (NG) with stable outlook
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Excellent embryos, zero pregnancy: Nigerian fertility specialist reveals why IVF fails
Dr Victor Ajayi, a leading fertility specialist at Nordica Fertility Centre, has disclosed that pregnancy is never guaranteed even when read more Excellent embryos, zero pregnancy: Nigerian fertility specialist reveals why IVF fails
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Rooney slams Salah for unpleasant Liverpool comments
Former Manchester United striker Wayne Rooney has criticised Mohamed Salah for his recent public outburst over his reduced playing time read more Rooney slams Salah for unpleasant Liverpool comments
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FSL Insurance Brokers mobile, web App to transform digital access in Nigeria
FSL Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has officially launched “FSL Insure”, a new mobile and read more FSL Insurance Brokers mobile, web App to transform digital access in Nigeria
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52 years after, FG rolls out comprehensive NYSC reform to drive skills, digital innovation
The Federal Government has unveiled a reform framework for the National Youth Service Corps (NYSC), marking the most comprehensive overhaul read more 52 years after, FG rolls out comprehensive NYSC reform to drive skills, digital innovation
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Salah dropped from Liverpool squad for Inter Milan UCL clash
Embattled Egyptian forward Mohamed Salah has been left out of Liverpool’s squad for Tuesday’s UEFA Champions League fixture against Serie read more Salah dropped from Liverpool squad for Inter Milan UCL clash
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NBS begins 2025 survey in Kaduna to boost women, children’s welfare
The National Bureau of Statistics (NBS) has commenced the 2025 Multiple Indicator Cluster Survey (MICS) and National Immunisation Coverage Survey read more NBS begins 2025 survey in Kaduna to boost women, children’s welfare
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GCR Upgrades NEM Insurance to AA+ as Strong Capitalisation Boosts Profile
GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national scale financial strength rating to AA+(NG) from AA(NG), with the outlook maintained as Stable. The renowned agency said the rating upgrade reflects the sustained strengthening in NEM Insurance Plc’s (NEM or the insurer) competitive position within the non-life insurance segment, supported by a sound financial profile […] The post GCR Upgrades NEM Insurance to AA+ as Strong Capitalisation Boosts Profile first appeared on Business Today NG.
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Africa’s mining value addition gets boost as Comfort Ogaji wins women in mining award
Africa’s push for mining value addition received a major boost in December as Comfort Asokoro Ogaji, Executive Director of Women read more Africa’s mining value addition gets boost as Comfort Ogaji wins women in mining award
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Kaduna Seeks $200m Chinese Partnership To Boost Poultry Production
The Kaduna State Government is stepping up efforts to secure a $200 million investment partnership with leading Chinese agribusiness firms as part of its drive to expand poultry production and strengthen the state’s agricultural value chain.  During the visit the Governor toured key agricultural and livestock facilities, including CP Foods Layers and Eggs Ltd., a […] The post Kaduna Seeks $200m Chinese Partnership To Boost Poultry Production first appeared on Business Today NG.
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Tinubu Commends Nigeria’s Armed Forces For Protecting Democracy In Benin Republic
President Bola Ahmed Tinubu has commended the gallantry of Nigeria’s military on Sunday for responding swiftly to the request by the Government of Benin Republic to save its 35-year-old democracy from coup plotters who struck at dawn today. Acting on two separate requests from the Government of Benin, President Tinubu first ordered Nigerian Air Force […] The post Tinubu Commends Nigeria’s Armed Forces For Protecting Democracy In Benin Republic first appeared on Business Today NG.
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Tax Reforms Strengthen Economic Competitiveness: What you need to know about Nigeria’s Tax Administration Act that goes into force in January 2026.
BY DR. TOPE FASUA—In recent weeks, a wave of commentary has suggested that Nigeria’s new tax regime may scare away investors, trigger capital flight, or damage business competitiveness. These concerns, although understandable in an environment where fiscal reforms attract intense public scrutiny, are largely misplaced. The 2025 tax reforms, anchored by the new Nigeria Tax […] The post Tax Reforms Strengthen Economic Competitiveness: What you need to know about Nigeria’s Tax Administration Act that goes into force in January 2026. first appeared on Business Today NG.
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Tax Reforms Gains: Debunking Misconceptions (2)
Furthermore, the definition of Covered Taxes for the 15% Effective Tax Rate includes companies’ income tax, petroleum profits tax, hydrocarbon tax, development levy, and priority sector tax credits. This broad definition ensures that companies are given credit for the full range of their fiscal contributions, preventing double taxation. Consequently, the 15% Effective Tax Rate is […] The post Tax Reforms Gains: Debunking Misconceptions (2) first appeared on Business Today NG.
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Detty December: Budget before you spend
There is a phrase we know all too well: “Cash or transfer?” Another is “Savings or current?” They remind you read more Detty December: Budget before you spend
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FG Launches ‘My Nigeria, My Responsibility’ Campaign, Calls For Patriotism Through Action And Accountability
The Federal Government has launched a nationwide citizenship movement designed to transform patriotism from mere emotion into everyday action, responsibility, and nation-building. The initiative, titled “My Nigeria, My Responsibility,” was officially flagged off today at the State House, Abuja, by the Honourable Minister of Information and National Orientation, Mohammed Idris,, who represented President Bola Ahmed […] The post FG Launches ‘My Nigeria, My Responsibility’ Campaign, Calls For Patriotism Through Action And Accountability first appeared on Business Today NG.
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Optimus AI Labs debuts banking-focused AI suite, as CBN tightens compliance rules
Lagos-based Optimus AI Labs has launched a new suite of artificial-intelligence tools designed specifically for banks, fintechs, and microfinance institutions. read more Optimus AI Labs debuts banking-focused AI suite, as CBN tightens compliance rules
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SEC Announces New Market-Efficiency Measures, Confirms Shift To T+1 Settlement Cycle
The Securities and Exchange Commission (SEC), on Monday announced a series of wide-ranging reforms aimed at strengthening market efficiency, deepening investor confidence, and accelerating the digital transformation of Nigeria’s capital market. SEC Director-General, Dr. Emomotimi Agama, unveiled the initiatives during the second Capital Market Committee (CMC) meeting for 2025, where he also confirmed Nigeria’s move […] The post SEC Announces New Market-Efficiency Measures, Confirms Shift To T+1 Settlement Cycle first appeared on Business Today NG.
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Building Africa’s data future: Inside the mind of Oliseamaka Chiedu
Africa is in the midst of a digital transformation wave. Startups are scaling across borders, fintech platforms now serve millions, read more Building Africa’s data future: Inside the mind of Oliseamaka Chiedu
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Insurance brokers’ role in Africa’s new economy
Africa’s economic growth is accelerating, but so are the risks. While the continent is projected to have over 1.7 billion read more Insurance brokers’ role in Africa’s new economy
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Nigeria’s monetary reforms: What the CBN has done—And what comes next in 2026
Nigeria is entering a rare moment of macroeconomic clarity. After years of turbulence marked by FX scarcity, policy inconsistency, and read more Nigeria’s monetary reforms: What the CBN has done—And what comes next in 2026
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Nigeria activates plans for T+1 settlement as SEC unveils broad market reforms
The Securities and Exchange Commission (SEC) has disclosed a series of wide-ranging reforms aimed at strengthening market efficiency, deepening investor read more Nigeria activates plans for T+1 settlement as SEC unveils broad market reforms
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Jigawa pension board disburses ₦71.86bn to 728 retirees, beneficiaries
The Jigawa State and Local Governments Contributory Pension Scheme Board has commenced the disbursement of ₦71,856,875,526.27 as terminal and death read more Jigawa pension board disburses ₦71.86bn to 728 retirees, beneficiaries
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Chowdeck crosses 2 million users on expansion across Nigeria, Ghana
Chowdeck, the fast-growing, Y Combinator–backed food delivery startup, has announced that it has crossed 2 million registered users following a read more Chowdeck crosses 2 million users on expansion across Nigeria, Ghana
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Gov Bala’s good governance award well deserved – PDP chieftain, Wakil
Godiya Iliya Wakil (GIWA), a chieftain of the Peoples Democratic Party (PDP) in Bauchi State, on Sunday described Governor Bala read more Gov Bala’s good governance award well deserved – PDP chieftain, Wakil
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Nigeria vs Egypt pre-AFCON friendly moved to December 16
The much-anticipated international friendly between the Super Eagles of Nigeria and the Pharaohs of Egypt has been shifted from December read more Nigeria vs Egypt pre-AFCON friendly moved to December 16
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Plateau, world bank train civil servants to drive PPP-led economic growth
The Plateau State Government, in collaboration with the World Bank, on Monday commenced a five-day capacity-building boot camp on Public-Private read more Plateau, world bank train civil servants to drive PPP-led economic growth
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