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Business
Nigeria moves toward automatic tax assessment as enforcement intensifies
Nigeria is shifting from a self-assessment tax regime to an automated system in which authorities validate returns against independently sourced read more Nigeria moves toward automatic tax assessment as enforcement intensifies
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Lafarge Africa Hits ₦1.1tn Revenue as PBT Soars 170% to ₦411bn in 2025
Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of N1.1 trillion in 2025, representing a 53% surge from N696.8 billion recorded in the corresponding period of 2024. Following a review of the results, the company recorded an increase in Profit […] The post Lafarge Africa Hits ₦1.1tn Revenue as PBT Soars 170% to ₦411bn in 2025 appeared first on Business Today NG.
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Health Ministry: NAFDAC Has Sole Authority to Enforce Sachet Alcohol Prohibition
The Federal Ministry of Health and Social Welfare has told the Federal High Court that the National Agency for Food and Drug Administration and Control (NAFDAC) is legally empowered to enforce the ban on the production and sale of alcoholic beverages packaged in sachets, PET bottles, and glass containers below 200 millilitres. In a counter-affidavit […] The post Health Ministry: NAFDAC Has Sole Authority to Enforce Sachet Alcohol Prohibition appeared first on Business Today NG.
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Lagos to Host Largest Commonwealth Investors’ Summit in June
In June, Lagos State will host the largest gathering of foreign investors from Commonwealth member countries. This follows the formalisation of a strategic partnership between the State Government and the Commonwealth Enterprise and Investment Council (CWEIC), on Thursday. Governor Babajide Sanwo-Olu and CWEIC Chief Executive Officer, Mrs. Samantha Cohen, signed Memorandum of Understanding at a […] The post Lagos to Host Largest Commonwealth Investors’ Summit in June appeared first on Business Today NG.
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MTN Nigeria rebounds to N1.1tn profit as FX gains, data surge lift revenue 55%
MTN Nigeria has staged a remarkable comeback, swinging to a massive N1.1 trillion profit after tax in 2025 after suffering read more MTN Nigeria rebounds to N1.1tn profit as FX gains, data surge lift revenue 55%
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FCCPC probes local airlines over sharp December fare spikes
The Federal Competition and Consumer Protection Commission (FCCPC) has uncovered patterns of alleged price manipulation by some domestic airlines following read more FCCPC probes local airlines over sharp December fare spikes
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AltBank Joins IIFM to Align Nigeria’s Non-Interest Banking with Global Standards
The Alternative Bank (AltBank) has joined the International Islamic Financial Market (IIFM), a global standard-setter for Islamic finance documentation and market guidance. This move puts AltBank on the same playbook used across key Islamic finance markets, strengthening how Shari’ah-compliant transactions are documented, executed, and trusted. AltBank will begin by aligning its interbank liquidity documentation with […] The post AltBank Joins IIFM to Align Nigeria’s Non-Interest Banking with Global Standards appeared first on Business Today NG.
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Galatasaray bank N85bn Champions League windfall after round of 16 heroics
Turkish giants Galatasaray have secured a financial windfall of over N85 billion (€53.5 million) following their dramatic progression to the read more Galatasaray bank N85bn Champions League windfall after round of 16 heroics
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TeamApt, Awabah partner to expand micropensions access for Nigeria’s informal workers
TeamApt Ltd., a subsidiary of Moniepoint Inc., has partnered with Awabah to deepen access to micropensions for millions of Nigerians read more TeamApt, Awabah partner to expand micropensions access for Nigeria’s informal workers
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US tariff risk seen spurring African shift from dollar
Volatile US tariff policy is accelerating efforts across Africa to reduce reliance on the dollar in trade settlements, with companies read more US tariff risk seen spurring African shift from dollar
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Naira stability, reserve growth sustainable – Lemo
Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria (CBN), has said the recent stability of the Naira read more Naira stability, reserve growth sustainable – Lemo
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Insecurity a threat to democracy — Sulaiman, NILDS DG
Abubakar Sulaiman, the Director General of the National Institute for Legislative and Democratic Studies (NILDS), has cautioned that Nigeria’s persistent read more Insecurity a threat to democracy — Sulaiman, NILDS DG
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Reprisal attack suspected as gunmen kill four, injure five in Kebbi Mosque
Four worshippers were killed and five others injured when suspected Lakurawa terrorists attacked a mosque in Dadinkowa village, Maiyama Local read more Reprisal attack suspected as gunmen kill four, injure five in Kebbi Mosque
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Nigeria strengthens cyber justice framework to tackle rising digital crime
The Federal Government is stepping up efforts to strengthen Nigeria’s cyber justice ecosystem, moving from dialogue to concrete, technology-driven interventions. read more Nigeria strengthens cyber justice framework to tackle rising digital crime
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Tinubu to amend PIA after revenue Executive Order – Sena
…Lawmakers push for return to old contractor payment model, …call for sack of CAC registrar The Senate Committee on Finance read more Tinubu to amend PIA after revenue Executive Order – Sena
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WAFCON 2026: Super Falcons arrive in Yaoundé for Cameroon friendlies
Captain Rasheedat Ajibade and 16 other players have arrived in Yaoundé as the Super Falcons intensify preparations for two international read more WAFCON 2026: Super Falcons arrive in Yaoundé for Cameroon friendlies
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Why 2025 budget performance is lagging – Edun
Wale Edun, minister of finance and coordinating minister of the economy has attributed the poor release of capital funds under read more Why 2025 budget performance is lagging – Edun
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NBC reaffirms 2006 boundary framework, backs resumption of Edo/Kogi demarcation
The National Boundary Commission (NBC) has reaffirmed key technical and legal positions supporting Edo State’s push for the peaceful and read more NBC reaffirms 2006 boundary framework, backs resumption of Edo/Kogi demarcation
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NSIA ramps up infrastructure investments in push for Tinubu’s $1tn economy
Nigeria Sovereign Investment Authority (NSIA) is expanding investments in infrastructure, healthcare and energy as it seeks to catalyse private capital read more NSIA ramps up infrastructure investments in push for Tinubu’s $1tn economy
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Cristiano Ronaldo acquires 25% stake in Spanish Club UD Almería
Cristiano Ronaldo has expanded his footprint in global football ownership after acquiring a 25 per cent stake in Spanish second-division read more Cristiano Ronaldo acquires 25% stake in Spanish Club UD Almería
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Schneider Electric to host energy summit in Abu Dhabi
Schneider Electric  will convene its second annual Innovation Summit Middle East & Africa in Abu Dhabi on April 28–29, gathering read more Schneider Electric to host energy summit in Abu Dhabi
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Discipline, governance key in new insurance landscape – AIICO CEO
As Nigeria’s insurance industry adjusts to its most sweeping regulatory overhaul in more than two decades, Babatunde Fajemirokun, managing director/CEO read more Discipline, governance key in new insurance landscape – AIICO CEO
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Seedbank project fuel ginger price rally, three years after blight
….As prices surged from N1000/kg of dry split ginger in 2022, to N13000/kg in 2026, a 1200 percent increase Despite read more Seedbank project fuel ginger price rally, three years after blight
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From €75m to €150m: How Victor Osimhen’s market value doubled at Galatasaray
Victor Osimhen’s market valuation has reportedly surged from €75 million to €150 million, effectively doubling Galatasaray’s investment, according to club read more From €75m to €150m: How Victor Osimhen’s market value doubled at Galatasaray
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Meets ex-NNPC GM, the jailed lawyer who played both sides of an oil deal
Paulinus Okoronkwo ran a modest law practice out of Koreatown, Los Angeles, handling immigration paperwork, family disputes, and personal injury read more Meets ex-NNPC GM, the jailed lawyer who played both sides of an oil deal
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AXA Mansard rolls out care packages, support in customer outreach
The Valentine’s season this year carried an unexpected but welcome warmth for some customers of AXA Mansard Insurance Plc, as read more AXA Mansard rolls out care packages, support in customer outreach
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FG urged to appoint professional leader within COEASU
The Colleges of Education Academic Staff Union (COEASU) has called for sustained leadership stability within the nation’s colleges of education, read more FG urged to appoint professional leader within COEASU
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Africa Stablecoin Network backs CBN on payment reform
The Africa Stablecoin Network (ASN) has supported the Central Bank of Nigeria’s push to modernise cross-border payments, urging regulators to read more Africa Stablecoin Network backs CBN on payment reform
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NEWS IN BRIEF: Youth homeownership stalled by affordable housing shortage; Tinubu urges Senators to include State Police in constitution amendment; Ramadan, Lent, and 2027 election date shift; Nigeria awaits FIFA’s decision on 2026 World Cup fate.
Affordable housing shortage stalls youth homeownership dreams, when growth outpaces design Homeownership is slipping out of reach for many young read more NEWS IN BRIEF: Youth homeownership stalled by affordable housing shortage; Tinubu urges Senators to include State Police in constitution amendment; Ramadan, Lent, and 2027 election date shift; Nigeria awaits FIFA’s decision on 2026 World Cup fate.
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FG taps $1.39trn textile sector as flagship pilot for Nigeria’s industrial transformation drive
The federal government has designated the Cotton, Textile, and Garment (CTG) sector as the flagship pilot for its new industrial read more FG taps $1.39trn textile sector as flagship pilot for Nigeria’s industrial transformation drive
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Transcorp profit surges 44% to N136bn, share price up 21.15% YtD
…crosses N1trn total assets milestone first time in history Transnational Corporation Plc has released its audited Full Year 2025 results read more Transcorp profit surges 44% to N136bn, share price up 21.15% YtD
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Institute of project managers urges schools, agencies to embrace project management as core profession
The Chartered Institute of Project Managers of Nigeria (CIPMN) has called for greater recognition of project management as a core read more Institute of project managers urges schools, agencies to embrace project management as core profession
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Colleges of Education Academic Staff Union advocates leadership continuity
The Colleges of Education Academic Staff Union has called for sustained leadership stability within the nation’s colleges of education... read more Colleges of Education Academic Staff Union advocates leadership continuity
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Eyesan targets enhanced transparency, digital transformation at NUPRC
…says Commission to go paperless in 60 days   Oritsemeyiwa Eyesan, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission read more Eyesan targets enhanced transparency, digital transformation at NUPRC
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Police arrest two suspects over robbery, murder, recover stolen vehicle 
Operatives of the Federal Capital Territory Police Command have arrested two suspected members of an armed robbery gang allegedly... read more Police arrest two suspects over robbery, murder, recover stolen vehicle 
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EFCC raises alarm over real estate money laundering
Ola Olukoyede, Executive Chairman of EFCC, has warned real estate and property managers across the country against facilitating... read more EFCC raises alarm over real estate money laundering
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