read more BusinessDay 25th Feb 2026

Nigeria’s stock market rally is boosting the fortunes of the country’s richest industrialists, with Aliko Dangote and Abdulsamad Rabiu recording read more Dangote, Rabiu lead Africa’s billionaire gains in 2026

Nigeria’s push to rebuild its palm oil industry through backward integration is facing its most serious test in more than read more Palm oil growers cry foul as imports eat into profits

For decades, the Nigerian National Petroleum Company (NNPC) operated as something far more than Africa’s largest state oil producer. It read more Tinubu’s revenue squeeze forces NNPC to sink or swim

President Bola Tinubu, has appointed Tunji- Disu, as the acting Inspector-General of Police, following his acceptance of Kayode Egbetokun’s resignation read more Why Tinubu swapped Egbetokun for Disu as Police IG

MEA Energy Limited, on Tuesday launched its first retail station in Bwari, Abuja. This inaugural outlet serves as the flagship read more MEA Energy unveils retail station in FCT, plans 250,000 stations nationwide 

Career growth for corporate women in Nigeria is no longer seen as endurance, but a series of deliberate, well-negotiated choices read more Female corporate leaders speak on the importance of mentorship for career growth

Adegboyega Oyetola, Minister of Marine and Blue Economy on Monday received State Directors of the City Boy Movement (CBM) from read more Oyetola partners City Boy Movement to deepen youth awareness on maritime opportunities

The European Union has approved a €22 million grant to support Nigeria’s fibre-optic expansion drive under the Federal Government’s Project read more EU commits €22m to power Nigeria’s 90,000km fibre rollout project

In the displacement settlements of Borno State, a new kind of resilience is taking root. Falamta Bukar Modusulumori, a 42-year-old read more Nigerians turn displacement challenges into opportunities

Cavista Technologies has revealed that Lagos State University(LASU)’s Team ByteBros has emerged as the overall winner in its hackathon on read more Cavista Technologies crowns LASU’s ByteBros on hackathon’s tech solution

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector performance. Governor Olayemi Cardoso highlighted that foreign reserves have reached a 13-year high of $50 billion, providing a significant boost to the economy. However, the CBN warned that unchecked pre-election spending could […] The post Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn appeared first on Business Today NG.

The High Court of the Federal Capital Territory has struck out the forgery charge brought against Prof. Mike Ozekhome, SAN, in connection with a London property dispute involving the late former FCT Minister, General Jeremiah Useni. Justice Peter Kekemeke gave the order following the withdrawal of the charge by the federal government. The prosecution, represented […] The post High Court Clears Ozekhome of London Property Forgery Allegations appeared first on Business Today NG.

The Federal Government of Nigeria  on Tuesday   dismissed as false and baseless claims that it paid a ransom to secure the release of schoolchildren abducted from St. Mary’s Boarding School in Niger State. In a statement, the Minister of Information and National Orientation, Mohammed Idris, emphasized that no ransom was paid and no militant […] The post FG Denies Paying Ransom for St. Mary’s Schoolchildren Abduction appeared first on Business Today NG.

Kaspersky Threat Research, a Cybersecurity firm, has uncovered a growing malware threat known as RenEngine, a malicious software loader being read more Kaspersky warns of Malware RenEngine spread through pirated games, software

Mexico’s President, Claudia Sheinbaum, has assured global football fans that there is “no risk” to the 2026 FIFA World Cup read more 2026 World Cup: Mexico assures fans of safety after cartel violence

The Nigerian government is deepening bilateral ties with the Republic of Sweden, with a strategic focus on transforming infrastructure, energy, read more Nigeria, Sweden strengthen bilateral ties, eye ‘bankable’ deals in energy, digital economy

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps to 26.50% (Previous: 27.00%) Retain the asymmetric corridor around the MPR at +50bps/-450bps Retain the CRR for Deposit Money Banks at 45.0%, and  Merchant Banks at 16.0% Retain the 75.0% CRR on non-Treasury Single Account (TSA) public sector deposits Retain liquidity […] The post MPC Reduces MPR by 50bps to 26.50% appeared first on Business Today NG.

…says rate cut boosts investor confidence, but structural rigidities remain The Centre for the Promotion of Private Enterprise (CPPE) has read more CPPE applauds CBN’s 26.5% MPR cut, says growth gains hinge on fiscal discipline ….says rate cut boosts investor confidence, but structural rigidities remain

BY SUNDAY SAMUEL—The Inspector-General of Police, Kayode Egbetokun, has resigned his position, citing pressing family considerations. President Ahmed Tinubu has accepted the resignation and expressed appreciation for Egbetokun’s decades of distinguished service and dedication to strengthening Nigeria’s internal security architecture. In line with the Police Act 2020, the President has appointed Assistant Inspector-General of Police […] The post IGP Kayode Egbetokun Resigns; AIG Tunji Disu Appointed Acting Police Chief appeared first on Business Today NG.

Cyril Ramaphosa, South Africa president has thanked Russian president Vladimir Putin for helping to secure the return of 17 South read more Ramaphosa thanks Putin as 17 lured South Africans return from Russia-Ukraine war

The Central Bank of Nigeria (CBN) trimmed its benchmark interest rate by 50 basis points to 26.5 per cent on read more CBN’s cautious cut to 26.5% seen lowering borrowing costs, backing naira

In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 read more Dangote Refinery to supply 65m litres of petrol daily

Olatunji Rilwan Disu, popularly known as Tunji Disu, has been appointed Acting Inspector General of Police (IGP), succeeding Kayode Egbetokun, read more Meet Tunji Disu, newly appointed acting Inspector General of Police

…says with 430 operators, fintech sector now ‘systemically important’ The Central Bank of Nigeria (CBN) is actively developing a comprehensive read more CBN accelerates work on digital assets regulatory framework

Enhancing Financial Inclusion and Advancement (EFInA), through its Inclusion for All (I4All) Initiative and in partnership with Shared Agent Network read more EFInA mobilises local voices to expand financial access in Katsina

The Federal Government of Nigeria on Wednesday responded to a joint report on Christian persecution in the country submitted to the White House by the U.S. House Foreign Affairs Committee and the House Appropriations Committee. In its statement, the government denied any state policy of religious persecution, emphasizing that ongoing violence in parts of Nigeria—including […] The post FG Denies Religious Persecution, Responds to U.S. Congressional Report appeared first on Business Today NG.

BY SUNDAY SAMUEL—The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC). Ikoyi, Lagos, on Wednesday, arraigned a former Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria Edetanle, before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, over alleged $385,000 and ₦165,438,000.00 fraud. Edetanle was arraigned […] The post EFCC Charges Former Railway Corporation MD with Money Laundering appeared first on Business Today NG.

BY SUNDAY SAMUEL—Justice Maryam Sabo of the Kano State High Court has sentenced Ebonine Rita Uzoamaka to seven years’ imprisonment for defrauding a businessman of ₦5.6 million under the false pretence of supplying baking powder. The conviction followed her prosecution on a five-count charge bordering on dishonest misappropriation and obtaining money by false pretence, after […] The post Woman Bags 7-Year Jail Term Over ₦5.6m Baking Powder Scam appeared first on Business Today NG.

Kayode Egbetokun is the Inspector-General of Police of Nigeria, appointed on June 19, 2023. On Tuesday, news broke that he read more What you didn’t know about Kayode Egbetokun

Olatunji Rilwan Disu, popularly known as Tunji Disu, is the Acting Inspector General of Police of Nigeria, appointed in February read more What to know about appointed Tunji Disu, newly appointed IGP

BY NECHI NAECHE-ESEZOBOR—In a refreshing twist to Valentine’s Day celebrations, Sovereign Trust Insurance Plc chose to demonstrate love through action rather than tradition, bringing a life-saving fire safety initiative to traders at Saka Tinubu Market in Victoria Island, Lagos. Tagged “Protecting What You Love,” the initiative saw the underwriting firm partner with the Federal Fire […] The post Protecting What You Love: Sovereign Trust Brings Fire Safety to Market Community appeared first on Business Today NG.

Mark Okoye, the Managing Director of the South East Development Commission (SEDC), on Tuesday unveiled an ambitious plan to grow read more SEDC targets $200bn South-East economy, seeks Senate backing for N140bn 2026 budget

The Federal Government has reaffirmed its commitment to repositioning Nigeria’s tourism sector with fresh infrastructure development and policy support aimed read more FG targets global tourists with new infrastructure push

The Federal Government has obtained the nod of the Federal High Court of Nigeria in Abuja to proceed with the read more FG secures court approval to prosecute suspects linked to Bello Turji in absentia

BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved under the ongoing banking sector recapitalisation programme, as 20 banks have fully met the new minimum capital requirements. Speaking at the 304th Monetary Policy Committee (MPC) media briefing, Cardoso said the recapitalisation […] The post Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum appeared first on Business Today NG.