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Business
Ellah Lakes’ revenue jumps to record as palm oil operations begin
Ellah Lakes Plc reported its highest-ever revenue after beginning early commercial activity in its palm and livestock operations, as the Nigerian agro-industrial company transitions from asset development to production. Revenue rose to N146.66 million for the 17 months ended December 31, 2025, from N0.78 million in the prior 12-month period, driven largely by initial harvests […] read more Ellah Lakes’ revenue jumps to record as palm oil operations begin
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Meet Olayinka Adaramola, SUNU Assurances’ new technical chief
SUNU Assurances Nigeria Plc has appointed Olayinka Adaramola as executive director, Technical Operations, marking a key leadership transition as the company intensifies its focus on operational efficiency and technical depth. The appointment, effective April 1, 2026, follows the resignation of independent non-executive director, Olajumoke Bakare, and forms part of a broader board restructuring by the […] read more Meet Olayinka Adaramola, SUNU Assurances’ new technical chief
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Business activity to rise in the next six months as economy expands
Business activity in Nigeria is expected to strengthen over the next six months as firms anticipate improved economic conditions, according to the latest Business Expectations Survey (BES) released by the Central Bank of Nigeria (CBN). The report shows that businesses remain broadly optimistic about the macroeconomic environment, with the confidence index rising from 15.6 points […] read more Business activity to rise in the next six months as economy expands
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Marriage Memoirs – Part 2
DEAR GOOD HUSBAND What she is not saying to you! This letter is not for the man who checked out years ago. It is not for the one who withholds, who diminishes, who has made a quiet habit of making his partner feel small. That man requires a different conversation — one that begins not […] read more Marriage Memoirs – Part 2
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The leadership principles of Jesus (Part II)
In my last column, I started a review of the leadership principles of Jesus, especially as we celebrated Easter this month in commemoration of His death and resurrection. The below subjects were reviewed last week: Jesus started with a purpose, not with a plan. Jesus invested in people, and He stayed the course when it […] read more The leadership principles of Jesus (Part II)
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Building a fair, accessible Nollywood for all beyond piracy
Nigeria’s persistent piracy problem is often framed as a battle between law enforcement and illegal platforms. But that framing, while convenient, misses a deeper truth: piracy in Nigeria is not just a legal failure; it is a market failure. Until the nation addresses the underlying issues of cost, accessibility, and user experience, enforcement alone will […] read more Building a fair, accessible Nollywood for all beyond piracy
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WORLD IN BRIEF: China condemns US blockade, €1m Picasso won in raffle, Congo to take US deportees and other stories
China condemns US blockade of Iran’s ports as “dangerous escalation” China has sharply criticised the United States’ naval blockade of Iranian ports, describing the move as “irresponsible and dangerous” amid already fragile ceasefire conditions. Beijing’s foreign ministry warned that the blockade risks undermining stability in the Strait of Hormuz, where tensions have escalated since Iran […] read more WORLD IN BRIEF: China condemns US blockade, €1m Picasso won in raffle, Congo to take US deportees and other stories
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We are moving trust services to the heart of wealth, capital markets and asset protection – Imonieroh
Trust services are moving from the margins to the centre of how wealth is structured, protected and transferred in Nigeria. As capital markets deepen and client needs become more complex, trustees are playing a broader role across private wealth, infrastructure finance and financial inclusion. Rita Imonieroh, managing director, FCMB Trustees Limited, in this interview with […] read more We are moving trust services to the heart of wealth, capital markets and asset protection – Imonieroh
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Like insecurity, 2027 election drifting into Washington’s orbit
…A wake-up call for INEC to get it right In the last quarter of 2025, Nigeria’s long-running security crisis took an unusual turn. What had for years been a domestic emergency, defined by banditry, insurgency and communal clashes, suddenly found itself debated in the chambers of the United States Congress. Now, barely two years to […] read more Like insecurity, 2027 election drifting into Washington’s orbit
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BusinessDay 15th Apr 2026
Click to read on our premium site. read more BusinessDay 15th Apr 2026
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Pension Fund Returns Outpace Inflation in March 2026 — PenCom
BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has announced that pension fund returns surpassed inflation as of March 2026, marking a significant milestone in restoring the real value of contributors’ savings. The Director-General of PenCom, Omolola Oloworaran, disclosed this during her welcome remarks at the first bi-annual roundtable discussion between PenCom and  the leadership of […] The post Pension Fund Returns Outpace Inflation in March 2026 — PenCom appeared first on Business Today NG.
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Analysts see inflation rising as Iran war ripples through fuel, food
Nigeria’s inflation is expected to rise in March ahead of its publication tomorrow, triggered by the escalating United States-Iran war, which has since rippled through global energy markets, analysts surveyed by BusinessDay said. The projected rise in prices will end the 11 consecutive months of declining inflationary pressures, placing authorities in a difficult position regarding […] read more Analysts see inflation rising as Iran war ripples through fuel, food
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Oil gains won’t shield Nigeria, IMF warns
…cuts Nigeria’s growth to 4.1 percent in 2026 The International Monetary Fund (IMF) trimmed Nigeria’s 2026 growth outlook to 4.1 percent from 4.4 percent on Tuesday, warning that even a rally in oil prices won’t be enough to insulate the country from wider global volatility. While the IMF noted that higher crude revenues offer some […] read more Oil gains won’t shield Nigeria, IMF warns
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Airfares hold steady as new airlines offset jet fuel price surge
The influx of new carriers into Nigeria’s aviation sector has triggered a surge in competition, keeping airfares stable across local destinations despite a sharp rise in the price of aviation fuel. A wave of new airlines has emerged in recent months, including Pioneer Airlines, backed by the Bayelsa State Government; Binani Airlines, owned by Senator […] read more Airfares hold steady as new airlines offset jet fuel price surge
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Nigeria adopts AI-driven civil service overhaul to cut delays, lure investment
Nigeria is accelerating a sweeping digital overhaul of its federal civil service, deploying artificial intelligence and expanding paperless operations in a bid to reduce bureaucratic delays and improve the country’s appeal to investors. Didi Esther Walson-Jack, head of the civil service of the federation, said the reforms are already reshaping how government interacts with businesses, […] read more Nigeria adopts AI-driven civil service overhaul to cut delays, lure investment
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Paddy rice price slump disrupts farming cycle
…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000 […] read more Paddy rice price slump disrupts farming cycle
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David Mark leads ADC opposition charge for 2027, despite hurdles
…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership […] read more David Mark leads ADC opposition charge for 2027, despite hurdles
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Money won’t decide 2027, Nigerians will – Ologbodiyan
Kola Ologbodiyan,A chieftain of the African Democratic Congress (ADC),  has said the 2027 general election will be a defining contest between Nigerians and President Bola Tinubu, dismissing the influence of money as a deciding factor in the race. Ologbodiyan made the assertion amid growing concerns by opposition parties that the current administration is attempting to […] read more Money won’t decide 2027, Nigerians will – Ologbodiyan
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7 largest oil refineries in Africa in 2026
Africa’s oil market in 2026 reflects a paradox vast crude reserves but limited downstream strength. The continent holds roughly 7–8 percent of global proven oil reserves, yet captures only a fraction of refining value due to constrained capacity and chronically low utilisation, often below 50 percent Against that backdrop, a handful of large-scale refineries are […] read more 7 largest oil refineries in Africa in 2026
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Mahama, Adesina warn against aid reliance, back AfCFTA as catalyst for African growth
African leaders have intensified calls for a strategic shift away from aid dependence toward investment-driven growth, underscoring the need for the continent to harness its vast resources and strengthen economic integration to secure long-term prosperity.   Speaking at the 4th Edition of the African Heritage Awards in Accra, John Dramani Mahama, Ghana’s President, cautioned against […] read more Mahama, Adesina warn against aid reliance, back AfCFTA as catalyst for African growth
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NRS urged to leverage technology to sustain revenue growth, improve service delivery
…as NRS commissions new 16-floor facility   In a bid to improve service delivery and sustain strong revenue growth, the Nigeria Revenue Service (NRS) has been urged to leverage technology, deepen efficiency, and strengthen compliance through trust and transparency.     Speaking at the commissioning of the new NRS headquarters in Abuja, Taiwo Oyedele, Minister […] read more NRS urged to leverage technology to sustain revenue growth, improve service delivery
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Why the US is blockading Iranian ports, what it means for global trade
Tensions in the Gulf have entered a dangerous new phase after the United States moved to block maritime traffic linked to Iranian ports, a step that could reshape global energy flows and push an already fragile ceasefire closer to collapse. According to the BBC, Washington has begun enforcing a naval blockade aimed specifically at ships […] read more Why the US is blockading Iranian ports, what it means for global trade
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Israel, Lebanon hold first direct talks in over 30 years amid escalating conflict
Israel and Lebanon have held their first direct diplomatic talks since 1993, in a rare and delicate effort to contain a conflict that has steadily intensified along their shared border. The meeting, mediated by Marco Rubio, US Secretary of State in Washington, brought together officials from two countries that do not maintain formal diplomatic relations. […] read more Israel, Lebanon hold first direct talks in over 30 years amid escalating conflict
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Tinubu charges NRS to restore confidence, fairness in tax reforms implementation
Against the backdrop of public criticism of the ongoing tax reform policies, President Bola Tinubu, on Tuesday, charged the Nigeria Revenue Service NRS, to restore public confidence, trust and ensure fairness in the implementation of the nation’s tax system Tinubu gave the charge, while inaugurating the 16-storey Head Office Complex of the NRS in Abuja. […] read more Tinubu charges NRS to restore confidence, fairness in tax reforms implementation
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80,000 displaced, 18,000 homes destroyed in Plateau, Reps raise alarm
The Federal House of Representatives has raised fresh alarm over the scale of devastation caused by years of violence in Plateau State, revealing that over 18,000 houses have been destroyed and about 80,000 persons displaced. This was revealed on Tuesday in Jos as Federal and Plateau State leaders, alongside key stakeholders, met in Jos for […] read more 80,000 displaced, 18,000 homes destroyed in Plateau, Reps raise alarm
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Dembele double ends Liverpool’s Champions League hopes
Liverpool crashed out of the UEFA Champions League after a 2-0 quarter-final second-leg defeat to Paris Saint-Germain (PSG) at Anfield, sealing a 4-0 aggregate loss. Ousmane Dembele struck twice to send Luis Enrique’s PSG into the semi-finals, where they will face either Bayern Munich or Real Madrid. Read Also: Lookman strike sends Atletico into first […] read more Dembele double ends Liverpool’s Champions League hopes
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Nigeria’s attempted suicide laws worsening cases, experts warn
Nigeria’s criminalisation of attempted suicide is worsening outcomes, fuelling stigma and deterring people from seeking help, mental health experts have warned, calling for an urgent review of existing laws. This was brought to the fore at a webinar organised by the National Task Force on the Decriminalisation of Attempted Suicide. The National Taskforce on Decriminalisation […] read more Nigeria’s attempted suicide laws worsening cases, experts warn
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FG defends intelligence-led strike on Borno terror hub, orders probe
The Federal Government has defended the April 11 airstrike on the Jilli axis in Gubio Local Government Area of Borno State, describing it as an intelligence-led operation targeting an insurgent enclave, while ordering an investigation into the incident. In a statement issued Tuesday in Abuja, Mohammed Idris, minister of information and national orientation, said the […] read more FG defends intelligence-led strike on Borno terror hub, orders probe
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Bellingham: Bayern clash will define Real Madrid’s season
Jude Bellingham has described Real Madrid’s UEFA Champions League quarter-final second leg against Bayern Munich as a season-defining encounter, with the Spanish giants facing the prospect of another trophy-less campaign. Madrid trail 2-1 from the first leg and must overturn the deficit in Munich to keep their hopes of silverware alive. Real Madrid: Champions League: […] read more Bellingham: Bayern clash will define Real Madrid’s season
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Why insecurity is spiking across Nigeria -Akpabio
Godswill Akpabio, Nigeria’s Senate President, has attributed the rise in insecurity to tactics employed by opposition political parties to distract the ruling party ahead of the 2027 general elections. Akpabio, who spoke at the inauguration of the Nigeria Revenue Service Headquarters in Abuja, on Tuesday, said that recent security incidents were politically motivated and designed […] read more Why insecurity is spiking across Nigeria -Akpabio
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Boko Haram: Borno spends N3bn to establish quarry, acquire trucks to reconstruct rural roads
The Borno State Government has announced that it has spent N3 billion on establishing a quarry centre and procured 70 trucks to commence the reconstruction of rural roads across the state, which were destroyed by a decade-long Boko Haram conflict. Governor Babagana Zulum announced this during the flag-off and distribution of 35 brand-new Howo pickup […] read more Boko Haram: Borno spends N3bn to establish quarry, acquire trucks to reconstruct rural roads
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DBN graduates first Innovation Hub cohort, unveils new entrepreneurs in Kaduna
The Development Bank of Nigeria (DBN) has strengthened its push for inclusive economic growth and small business development with the graduation of the first cohort of its Innovation Hub Acceleration Programme and the unveiling of a second batch of entrepreneurs in Kaduna State. The milestone event, held today Tuesday as a combined graduation and unveiling […] read more DBN graduates first Innovation Hub cohort, unveils new entrepreneurs in Kaduna
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2027: APC govt officials will face consequences after our victory — Oyegun
John Oyegun, a former National Chairman of the All Progressives Congress (APC), has said officials of the current administration will be held accountable for their actions if the African Democratic Congress (ADC) takes over power in 2027. Oyegun made the remarks on Tuesday at the national convention of the ADC led by David Mark in […] read more 2027: APC govt officials will face consequences after our victory — Oyegun
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Planet Talk expands footprint to Ireland in global support for migrant communities
Planet Talk, a technology-driven platform, has expanded its footprint to Ireland in United States in its global growth journey and support for migrant communities. The expansion, described as a significant milestone, reinforces its commitment to making cross-border communication and family support more seamless and accessible ‎The expansion follows successful launch in France and Canada. In […] read more Planet Talk expands footprint to Ireland in global support for migrant communities
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NERC’s April 2026 regulations: Unlocking Nigeria’s mini-grid revolution, what players should know
As Nigeria’s electric power sector continues to evolve, the Nigerian Electricity Regulatory Commission (NERC) has introduced the Mini-Grid Regulations, 2026 – a game-changing framework designed to accelerate electrification, foster innovation, and protect investments. To adequately take advantage of these changes, understanding these regulations is crucial for navigating opportunities and risks in mini-grid development, operation, and management. […] read more NERC’s April 2026 regulations: Unlocking Nigeria’s mini-grid revolution, what players should know
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2027: We’ll not surrender — David Mark
David Mark, the embattled National Chairman of the African Democratic Congress (ADC), has declared that the party will not back down in its quest to take power in 2027, insisting that the fight is about the survival of Nigeria’s democracy. Speaking on Tuesday at the party’s national convention in Abuja, Mark said the ADC remains […] read more 2027: We’ll not surrender — David Mark
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