Nigeria’s revenue is set to witness a boost as the Nigerian National Petroleum Company (NNPC) Limited has recorded a significant milestone with the introduction and lifting of 950,000 barrels of Cawthorne Blend crude into the global market.  The feat was a atement by the Sahara Group on Monday, as the company said it welcomed the […] The post More Revenue For Nigeria As NNPC Exports 950,000 Barrels Cawthorne Blend Crude appeared first on Business Today NG.

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has stepped down from his position in the administration of President Bola Ahmed Tinubu, citing appreciation for the opportunity to serve. In his resignation letter, Tuggar commended the government’s “4D Foreign Policy Strategy” and acknowledged the support of ministry staff and the diplomatic community during his […] The post Foreign Minister Yusuf Tuggar Steps Down from Tinubu’s Cabinet appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu on Monday appointed Sen. Dr. Ibrahim Ida as the new Chairman of the Corporate Affairs Commission (CAC) and confirmed Bala Mohammed Bello as his Special Adviser on Political Economy. In addition, the President nominated seven individuals to fill vacant commissioner positions at the National Population Commission, pending confirmation by […] The post Ibrahim Ida Becomes CAC Chairman, Bala Bello Confirmed Special Adviser in Tinubu’s Latest Appointments appeared first on Business Today NG.

The Ilorin Zonal Directorate of the EFCC has arrested a company representative, Kofoworola Motunrayo Kolawole, over an alleged fraud to the tune of N993,247,796.70 (Nine Hundred and Ninety-Three Million, Two Hundred and Forty-Seven Thousand, Seven Hundred and Ninety-Six Naira, Seventy Kobo). The arrest of Kolawole, 37, was sequel to a petition submitted to the Commission […] The post Company Representative Arrested in N993 Million Foreign Exchange Fraud • EFCC Cracks Down on Ilorin Firm Over appeared first on Business Today NG.

A Lagos State High Court in Ikeja has sentenced businessman Olumuyiwa Teniola Idowu and his company, Tennyvans Nigeria Limited, to a total of 30 years imprisonment over a six-count charge involving the theft of $62,500 and €36,020, as well as failure to declare assets. Justice Ismail Ijelu, who delivered the judgment on Monday, also ordered […] The post Lagos Court Sentences Businessman, Firm to 30 Years for $62,500 and €36,020 Fraud appeared first on Business Today NG.

Tottenham Hotspur are reportedly in advanced talks with Roberto De Zerbi to become their new head coach following the departure of Igor Tudor. Multiple reports indicate that while De Zerbi had initially preferred to wait until the end of the season, Spurs have intensified efforts to secure his immediate appointment. Talks between both parties are […] read more De Zerbi in advanced talks for Tottenham job

The Super Eagles of Nigeria have suffered a significant setback ahead of their international friendly against Jordan, as first-choice goalkeeper Maduka Okoye has been ruled out due to a thigh injury sustained during Monday’s training session in Antalya. The 26-year-old Udinese shot-stopper, who put in an impressive performance during Nigeria’s 2–1 victory over Iran last […] read more Super Eagles Blow: Maduka Okoye ruled out of Jordan friendly

Audi Abubakar,  Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC), , has approved the nationwide deployment of advanced tactical equipment as part of a renewed strategy to strengthen security operations and safeguard critical national infrastructure. The rollout was unveiled during the corps’ annual strategic meeting held in Abuja, with heads of formations from […] read more NSCDC deploys drones nationwide to boost security operations

African Export-Import Bank (Afreximbank) has secured a $2 billion equivalent three-year dual-tranche syndicated term loan, underscoring strong investor appetite and confidence in the lender’s credit profile. The facility, concluded on March 9, 2026, comprises $1.73 billion under a U.S. dollar tranche and €228 million under a euro tranche. Proceeds will be used to refinance existing […] read more Afreximbank raises $2bn in oversubscribed syndicated loan

The naira weakened slightly against the dollar in the official foreign exchange (FX) market on Monday, even as Nigeria’s external reserves extended their recent decline to 10 consecutive days.   Data from the Central Bank of Nigeria (CBN) showed the currency depreciated by N3 to N1,383.58 per dollar, compared with N1,380.58 recorded on Friday, representing […] read more Naira slips as reserves decline 10 days straight

Nigeria has formalised a country engagement framework partnership agreement with the Islamic Development Bank (IsDB) for 2026 to 2028. The agreement aligns with national development plans and the priorities enshrined in the ‘Renewed Hope Agenda’. Anasse Aissami, director-general of the country programme at the IsDB, speaking at the signing ceremony in Lagos today, said the […] read more Nigeria signs strategic IsDB partnership to accelerate $1trn economy goal

The Super Eagles of Nigeria are aiming to maintain their perfect record in Turkey as they battle Jordan in an international friendly in Antalya on Tuesday. Eric Chelle’s side heads into the encounter on the back of a 2–1 victory over Iran in Antalya on Friday, with goals from Moses Simon and Akor Adams securing […] read more Nigeria vs Jordan: Super Eagles target another win in Antalya

The Maritime Workers’ Union of Nigeria (MWUN) has asked the Federal Government to urgently restore the engagement of tally clerks and on-board gangway security men across ports and jetties, as their absence continues to fuel economic and security mayhem. In a petition signed by Oniha Erazua, its secretary-general and addressed to Adegboyega Oyetola the minister […] read more Maritime workers flag missing tally clerks, vessel attacks at Nigeria’s ports

…appoints seven NPC commissioners, others President Bola Tinubu has appointed Ibrahim Ida as Chairman of the Corporate Affairs Commission CAC. The President also nominated seven people to fill vacant commissioner positions at the National Population Commission. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, said Ida who holds an […] read more Tinubu appoints Ida as new CAC chairman

BUA Foods Plc has announced for approval a N28 dividend per ordinary share of 50 kobo, amounting to N504 billion, after the food manufacturer hits record profit in 2025. This marks the continuity of the consumer goods dividend policy that it has maintained for the past four years, despite economic headwinds that have held many […] read more BUA Foods plans record N504bn dividend payout after nearly doubling profit

Nigerian Exchange Limited (NGX) joined the global community in commemorating Global Money Week 2026, reaffirming its commitment to advancing financial literacy and equipping the next generation of investors. This year’s theme, “Smart Money Talks,” highlights the critical role of informed financial decision-making among young people. As part of its week-long programme, NGX hosted over 200 […] read more Global Money Week 2026: NGX amplifies youth financial literacy with ‘Smart Money Talks’

Key Highlights Revenue: ₦1.77 trillion (+16% YoY) Proposed Dividend Payout: ₦28 per share (+115% YoY) Profit After Tax: ₦518.4 billion (+95% YoY) Total Assets: ₦1.39 trillion (+27% YoY) Lagos, Nigeria – Monday, March 30, 2026: Nigeria’s leading food manufacturing company, BUA Foods Plc has announced its audited financial results for the year ended December 31, […] read more BUA Foods Posts ₦1.77 Trillion Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

When a single infected USB drive can shut down an oil refinery, cybersecurity stops being a technology problem and starts being an economic one. Schneider Electric is making that argument, loudly, across Sub-Saharan Africa. The French industrial giant is pushing deeper into the continent’s operational technology security market as African energy, mining, and power companies […] read more Schneider Electric bets on Africa’s industrial security gap

The ongoing conflict in the Middle East has triggered severe disruptions across global oil and gas supply chains, with damage to key infrastructure pushing estimated repair costs to at least $25 billion, according to Rystad Energy. The disruption spans liquefied natural gas (LNG) trains, refineries, fuel terminals and gas-to-liquids facilities, with costs expected to rise […] read more Middle East war drives $25bn energy damage – Rystad Energy

Global investment in data centres surged to $770 billion in 2025, overtaking capital expenditure in upstream oil and gas and underscoring a structural shift in global energy and infrastructure markets, according to Rystad Energy. The scale of spending also eclipsed solar photovoltaic (PV) investments, which had been the fastest-growing segment in energy supply over the […] read more Data centre boom overtakes oil, solar investments as capex hits $770bn

A coalition of development finance actors convened in Lagos last week to formally unveil a new debt fund designed to funnel long-term capital into Nigeria’s off-grid renewable energy sector, an industry that has long struggled to attract patient financing from conventional lenders. The Renewable Energy Blended Facility, or REBF, is a $20 million impact fund […] read more Nigeria’s renewable energy sector gets $20m blended finance push

For the first time, Africa’s most powerful infrastructure financiers, fund managers, investors and industry leaders will convene in Nairobi, with a bold mandate to unlock domestic capital and turn the continent’s industrial ambitions into a tangible, job-creating reality.   Hosted by the Africa Finance Corporation (AFC), in partnership with the Government of Kenya, the inaugural […] read more AFC summit targets domestic capital to drive Africa’s industrial push

Nigeria possesses several institutions dedicated to labour and employment. Yet, the consensus among experts is that these bodies are often more “decorative” than functional, hampered by inconsistent funding and a lack of transparency. The digital divide further complicates access to these schemes. Many programmes require online applications, a significant barrier for the millions of unemployed […] read more Nigeria’s labour institutions are inconsistently funded, lack transparency – Analyst

Funso Doherty, a former Lagos gubernatorial candidate, has resigned his membership of the Peoples Democratic Party (PDP), citing recent developments within the party and concerns over its direction. In a statement dated March 28, 2026, Doherty said his decision followed weeks of unfolding events, particularly a Court of Appeal ruling affecting the party’s leadership structure. […] read more Funso Doherty resigns from PDP over unresolved internal crisis

The Airport Police Command has intercepted a 14-year-old male, identified as Eke Miracle, in connection with a stowaway attempt at the Murtala Muhammed International Airport (MMIA), Lagos on Monday, March 30, 2026. The minor was discovered on the airport tarmac while attempting to unlawfully gain access beneath an aircraft, an act which constitutes a serious […] read more 14-year-old intercepted in stowaway attempt at Lagos airport

The Lagos State Police Command has officially commenced activities for the 2026 National Police Day with a community sanitation exercise across its 14 Area Commands and a free medical outreach at Computer Village, Ikeja, offering residents access to health checks, medical counseling, screenings, and free medication as part of its commitment to community service and […] The post Lagos State Police Launch National Police Day with Free Health Services in Ikeja appeared first on Business Today NG.

Half a century after the oil shocks of the 1970s, the pattern is returning with striking familiarity. Then, as now, geopolitical conflict disrupted energy supply, oil prices surged, and inflation spread rapidly across economies. The 1973 embargo and the 1979 Iranian Revolution showed how quickly energy markets could destabilize growth. Today’s crisis echoes that history, […] read more Why today’s oil shock feels familiar and more dangerous

The Leader of the Senate, Opeyemi Bamidele, has disclosed that the National Assembly has begun work on a decentralised policing framework designed to emphasise accountability and curb abuse by the political class. ​Bamidele, who also serves as vice-chairman of the Senate Committee on the Review of the 1999 Constitution, said the parliament “is committed to […] read more New policing structure to prioritise human rights, transparency – Bamidele

The National Emergency Management Agency (NEMA) and other agencies have repatriated about 1,230 stranded Nigerian migrants from Niamey to Kano State. ​In a letter addressed to immigration, customs and police authorities in both countries, the Nigerian Embassy in Niger disclosed that the returnees were being transported in vehicles operated by Rimbo Transport Voyageurs. The mission […] read more NEMA repatriates 1,230 stranded Nigerian migrants from Niger Republic

Former Vice President Atiku Abubakar has refuted claims that he has exited active politics, insisting the reports are false and aimed at misleading Nigerians and weakening the rising influence of the African Democratic Congress (ADC). In a statement on Monday by his media aide, Paul Ibe, Atiku described as “entirely false and deliberately misleading” reports […] read more 2027: I haven’t stepped down for anyone — Atiku

John Chukwu was not merely a performer. He was a cultural pathfinder whose work helped redefine what comedy could look and sound like in Nigeria. Long before stand-up comedy became a polished commercial industry with arena shows, corporate endorsements and household stars, Chukwu had already carved out a place for himself as one of the […] read more Before the boom, there was John Chukwu

Leadway Assurance, Nigeria’s leading insurance services provider, will participate in the Africa Climate Insurance Symposium 2026, scheduled for March 31 to April 1, 2026, in Frankfurt, Germany, to advance climate risk solutions for Africa. The symposium aims to kick off an annual cycle of such eventsbringing together a unique community operating in the area ofAgricultural […] The post Leadway to Showcase Climate Risk Solutions at Africa Climate Insurance Symposium 2026 appeared first on Business Today NG.

Vice President Kashim Shettima on Monday, visited former Kaduna State Governor, Nasir El-Rufai at the Abuja residence. BusinessDay gathered that Vice President Shettima was at the residence to personally offer his condolences following the passing of the former governor’s mother, Hajiya Umma El-Rufai. Hajiya Umma passed away in Cairo, Egypt, on Friday last week after […] read more Shettima visits El-Rufai, condoles with him over mother’s death

Nigeria is making a play for a bigger slice of the $2 trillion global creative economy, with the Louis Awode Foundation (LAF) partnering The Archers to boost opportunities for young people and underserved communities. Africa’s creative sector is gaining traction, worth an estimated $59 billion and supporting millions of jobs, including over four million in […] read more LAF, Archers partner to boost Nigeria’s creative sector

It was a moment of pride and celebration as Zenith Bank Plc partnered with the Ford Foundation to honour 19 remarkable Nigerian women, described as unsung “Sheros”, with the inaugural Woman of Power Award. The event took place on Saturday, 28 March 2026, at The Civic Centre, Victoria Island, Lagos. Themed “Celebrating Resilience, Leadership, and […] read more Zenith Bank and Ford Foundation honour unsung ‘sheros’ with inaugural woman of power award

The logistics sector is evolving, and the operators shaping its future are those who positioned themselves early. Sunbeth Shipping and Logistics is one of them, having grown from an export-focused operator into a full-spectrum logistics provider in seven years. The firm is looking to tap the African Continental Free Trade Area (AfCFTA) for its expansion […] read more Sunbeth Shipping seeks to ride on AfCFTA to expand across Africa