BY NKECHI NAECHE-ESEZOBOR—Fortis Global Insurance Plc has commenced the reconstruction of its share capital following the receipt of all required regulatory approvals, a move that will see the company consolidate its issued shares on a one-for-four basis. In a notice to shareholders, the investing public, and the Nigerian Exchange (NGX), the insurer disclosed that the […] The post Fortis Global Insurance Begins Share Capital Reconstruction, Suspends Trading for Two Weeks appeared first on Business Today NG.

BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement, marking a significant milestone in the Company’s capital-raising programme and long-term growth strategy. The signing ceremony, held at the Company’s headquarters in Lagos, brought together members of the Board of Directors, Management, […] The post Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base appeared first on Business Today NG.

BY SUNDAY SAMUEL—Troops of the Nigerian Army conducting Operation CLEAN SWEEP III have rescued four kidnapped victims during a sustained offensive against the criminal network of notorious bandit leader Kachalla Muhammadu Fulani in Katsina State. The rescue operation was carried out on Tuesday, June 16, 2026, when troops of the 17 Brigade Strike Group/Quick Response […] The post Troops Free Four Abductees as Army Intensifies Hunt for Notorious Bandit Leader in Katsina appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has reaffirmed its commitment to the growth of small and medium-sized enterprises(SMEs) and the nation’s creative economy through its sponsorship of the Lagos Leather Fair (LLF) for the fourth consecutive year. The ninth edition of the Lagos Leather Fair is scheduled to take place on […] The post Leadway Backs Lagos Leather Fair for Fourth Consecutive Year to Boost SMEs and Creative Industry appeared first on Business Today NG.

Nigeria’s booming Afrobeats industry risks losing the economic value of its global success unless the country fixes deep structural problems read more Nigeria’s Afrobeats boom at risk without industry reform, experts warn

Nigeria will shed more than half of its federal revenue into debt servicing by 2026, threatening to cripple funding for read more IMF warns Nigeria will spend over half its revenue on debt servicing

Leaders of the Group of Seven have pledged to strengthen Ukraine’s air defences and intensify economic pressure on Russia, including read more G7 vows stronger air defence support for Ukraine, tougher sanctions on Russia

BY JAMES NWACHUKWU—The Joint Admissions and Matriculation Board (JAMB), on Tuesday released the results of the recently conducted 2026 Unified Tertiary Matriculation Examination (UTME) Mop-Up Exercise. According to statement posted by JAMB’s Public Communication Advisor, Fabian Benjamin, that Candidates who participated in the examination can check their results through the Board’s established result-checking channels. Following […] The post JAMB Releases 2026 UTME Mop-Up Results, Sets Date for Result Printing appeared first on Business Today NG.