Part 1 showed that Nigeria’s power problem is not generation but deliverability. Installed capacity has grown, yet available capacity has declined because transmission remains the binding constraint. This article examines three precedents showing that transmission can attract private capital and outlines five conditions Nigeria must put in place to make it bankable. Nigeria’s telecoms privatisation […] read more From liquidity to deliverability: The case for bankable transmission investment in Nigeria

The Nigerian economy has long been tied to the fortunes of oil. With crude oil revenue accounting for more than 70% of export earnings, it remains the backbone of government revenue and a key driver of foreign reserves. Oil windfalls have historically shielded Nigeria from external shocks. During the 2008 global financial crisis, for example, […] read more Crisis and opportunity: How Iran’s war shapes Nigeria’s economy

The United States military announced on Sunday that it would begin a blockade of all maritime traffic entering and leaving Iranian ports and coastal areas from Monday morning, after weekend negotiations in Islamabad failed to produce a deal to end six weeks of war, throwing a fragile ceasefire into serious doubt. The talks, which ran […] read more US announces blockade of Iranian ports after Islamabad talks collapse

What I find troubling is the number of hostile reports on the Internet regarding Old Boys of King’s College who have been sent to jail. The search results for “Old boys of King’s College who have been sent to jail” mainly returned information regarding a 2017 incident when the 1997 set alumni of King’s College […] read more President Bola Ahmed Tinubu And The King’s College tie (PART II)

US–Iran talks collapse as tensions escalate over Hormuz High-stakes negotiations between the United States and Iran have ended without agreement, exposing deep divisions over Tehran’s nuclear programme and control of the Strait of Hormuz. Mohammad Bagher Ghalibaf, Iran’s chief negotiator, blamed Washington for the breakdown, saying Tehran had presented “forward-looking” proposals but failed to secure […] read more WORLD IN BRIEF: US–Iran talks fail, Haiti stampede kills dozens, Guelleh wins sixth term and other stories

In today’s Nigeria, falling ill is no longer just a health crisis; it is a financial catastrophe waiting to happen. For millions of citizens, a hospital visit can wipe out savings, derail livelihoods, and plunge entire families into debt. At a time of economic hardship, rising inflation, and shrinking incomes, the persistence of out-of-pocket medical […] read more Ending the burden of out-of-pocket healthcare

BY NKECHI NAECHE-ESEZOBOR—-Heirs Insurance Group and United Capital Plc have hosted the Yoga and Money Meet Up, an exclusive wellness and financial empowerment event for ambitious women. The event, held in Lagos, offered a curated experience that combined guided yoga and stress management sessions with expert-led conversations on insurance, investment, and asset protection. It reinforced […] The post Heirs Insurance and United Capital Empower Women Through Yoga, Finance Meet-Up appeared first on Business Today NG.

Unitrust Insurance Company Limited has reported a strong financial performance for the first quarter of 2026, posting significant year-on-year growth in both premium income and claims settlement, a development that further strengthens its reputation as a dependable and customer-focused insurer. The company recorded a Gross Written Premium (GWP) of ₦9.93 billion in Q1 2026, representing […] The post Unitrust Insurance Posts 27.8% Premium Growth in Q1 2026 as Claims Payment Rises 77% appeared first on Business Today NG.

The rusted derrick still stands as a monument to Nigeria’s energy sector, a subtle reminder of the day in 1956 when Shell geologists discovered the first commercial crude oil in this tiny village surrounded by mangroves, changing the course of Africa’s most populous economy for generations. For decades, billions of dollars’ worth of crude flowed […] read more In Nigeria’s oil birthplace, solar power sparks a new economy

Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing. read more Large firms risks sanctions as June e-invoicing deadline nears

The Nigerian equities market has turbocharged, adding N1.36 trillion to its market capitalisation within just 72 hours. This rally was ignited by FTSE Russell’s decision to upgrade Nigeria from “Unclassified” back to “Frontier Market” status, a move that effectively restored the nation’s standing on the global investment map within a three-day window following the announcement. […] read more FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours 

Nigeria’s pharmaceutical companies relied heavily on short-term bank loans to fund operations, expansion, and working capital. That model is now under strain as rising interest rates and currency pressures make debt increasingly difficult to sustain. By the second quarter of 2026, a structural shift is taking hold, with firms beginning to restructure their balance sheets […] read more High borrowing costs push drugmakers to restructure

Nigeria is turning to cheaper transport alternatives such as Compressed Natural Gas (CNG), but limited access, conversion costs, and infrastructure gaps slow adoption, limiting its impact on surging transport costs. As fuel prices continue to rise, increasing transportation costs, talks around transitioning to CNG for mobility are gaining traction to mitigate the effects of the […] read more High fuel prices spur CNG, yet barriers slow adoption

…marks first anniversary The Institute of Chartered Accountants of Nigeria (ICAN) Aviation Chapter plans to launch a N500 million endowment fund designed to provide sustainable funding for its activities. Part of the fund will be invested to generate returns that can support the chapter’s operations, as well as develop facilities for training, research and professional […] read more ICAN aviation Chapter mulls N500m endowment fund to boost research, training, others 

Troops of Operation Hadin Kai have arrested a 15-year-old suspect linked to the attack that killed Brigadier General Oseni Braimah, commander of the 29 Task Force Brigade, and three soldiers in Borno State last week. The suspect, identified only as Tijjani, was apprehended on Sunday in Ngamdu while allegedly on his way to collect logistics […] read more Army arrests teenage suspect linked to killing of brigadier general in Borno

Nigeria’s military has defended its airstrike on Jilli market along the Borno-Yobe border, describing the operation as a precision strike on a terrorist logistics enclave, pushing back against Amnesty International’s allegation that the attack killed 100 people, many of them civilians. The strike, carried out on 11th April along the Bindul-Jilli axis in Gubio LGA […] read more Military defends airstrike on Jilli market, says it targeted ISWAP logistics hub

The Nigerian Air Force (NAF) has sustained its offensive against terrorist elements in Borno State, carrying out a series of precision follow-up air strikes targeting fleeing insurgents and regrouping cells in the Jilli axis. The operation, executed on Saturday, was conducted by the Air Component of Operation HADIN KAI as part of ongoing counter-terrorism efforts […] read more NAF intensifies air strikes on terrorist hideouts in Borno, targets fleeing insurgents in Jilli axis

The Nigerian Air Traffic Controllers’ Association (NATCA) has said it is considering a nationwide flow control following serious concerns raised about the decadence state of Communication, Navigation and Surveillance (CNS) infrastructure in Nigeria. Flow control is a technique used to balance traffic demand with system capacity by regulating the rate of aircraft entering congested airspace […] read more Air traffic controllers threaten nationwide flow control over poor infrastructure

The Complaint Response Unit of the Nigerian Police Force has confirmed that officers captured in a widely circulated video harassing young men have been identified and will face disciplinary measures, as public outrage continues to mount over the incident. In a statement issued on Saturday, the unit responded to the viral footage shared on X, […] read more Police identify officers in viral harassment video, promise disciplinary action

The National Sports Commission (NSC) has celebrated the qualification of Nigeria’s relay teams across all entered events ahead of the World Relays Championships scheduled for May in Gaborone, Botswana. NSC Director General, Bukola Olopade, described the achievement as a significant milestone for Nigerian athletics, highlighting the impact of strategic collaboration with the Athletics Federation of […] read more Nigeria secures full relay qualification for World Relays Championships

The Lagos State Internal Revenue Service (LIRS) wishes to express its sincere appreciation to esteemed taxpayers for their continued compliance and commitment to the filing of their individual annual income tax returns. Following the earlier extension granted to April 14, 2026, the Agency has observed a significant increase in traffic on its eTax platform as […] The post LIRS Extends Annual Income Tax Return Filing Deadline to April 21 appeared first on Business Today NG.

Tottenham Hotspur slumped deeper into relegation trouble after a 1-0 defeat to Sunderland in Roberto De Zerbi’s first game in charge. The Italian, appointed following the brief tenure of Igor Tudor, could not halt Spurs’ losing streak, with the club now winless in 14 Premier League matches and still without a victory in 2026. Despite […] read more De Zerbi’s Spurs debut ends in defeat as relegation fears deepen

Nigeria’s education sector has taken a significant leap forward with the debut of the Learner Identification Number to transform learning system in the country, as the first phase brings 1.9 million candidates into a unified digital identity system. The federal government launched the nationwide Learner Identification Number (LIN), a digital system assigning every student a […] read more Nigeria debuts Learner ID, first phase reaches 1.9m candidates

Jannik Sinner defeated Carlos Alcaraz in straight sets to win the Monte Carlo Masters and reclaim the world number one ranking. The Italian prevailed 7-6 (7/5), 6-3 to secure his third ATP 1000 title of the year, following his “Sunshine Double” triumphs at Indian Wells and Miami. At 24, Sinner joins Novak Djokovic and Rafael […] read more Sinner beats Alcaraz to win Monte Carlo Masters and reclaim World No.1

Humour is emerging as a practical tool to improve productivity and sustainability within Nigeria’s environmental advocacy space, as organisations explore new ways to address burnout and workforce fatigue. This shift was highlighted at an “eco-comedy” live event hosted by the Health of Mother Earth Foundation (HOMEF) and Environmental Rights Action in Benin City, where stakeholders […] read more Nigerian NGOs turn to comedy to boost productivity

High Court No. 6 in Birnin-Kudu, Jigawa State has, in a landmark ruling that underscores “zero-tolerance” stance on gender-based violence sentenced Bashir Umar to life imprisonment for the rape of nine-year-old Khadija Isah. The judgment, delivered Wednesday by Justice Musa Ubale, concludes a case that has gripped the state since early 2025. The court found […] read more Jigawa court sentences man who raped 9-year-old to life imprisonment 

Nigeria is positioning the North Central region as a major mining growth hub following a strategic partnership between the Ministry of Solid Minerals Development and the North Central Development Commission. This is aimed at unlocking value across the mineral value chain, a statement by Lara Owoeye-Wise, special assistant on media to the minister of Solid […] read more FG, NCDC target $2bn mining growth in North Central

…For driving continent towards a future of excellence, innovation, prosperity The Co-founder of AB Haske Foundation and Governorship aspirant in Adamawa State, Abdulrahman Haske, alongside two other distinguished Nigerians have emerged recipients of various award categories at this year’s edition of the African Heritage Awards (AHA). The annual award ceremony for 2025 edition, which took […] read more Abdulrahman Haske, Adesina, Walson-Jack, others bag African Heritage Awards

The David Mark-led National Working Committee (NWC) of the African Democratic Congress (ADC) has announced May 12, 2026, for the inauguration of its newly elected state executives and chairmen. This followed the conclusion of its congresses ahead of the April 14, 2026 national convention. The NWC has vowed to continue with the party’s internal processes […] read more ADC sets May 12 for inauguration of new state executives

The Federal Government, through the Equipment Leasing Registration Authority (ELRA), has partnered Century Information Systems Ltd (CIS) and the National Commercial Tricycle and Motorcycle Owners and Riders Association of Nigeria (NATOMORAS) to introduce a structured leasing model. According to a statement signed by Adebola Sunday, Head, Media, and Corporate Communication of ELRA, the leasing model […] read more FG, partners roll out structured leasing scheme for okada, tricycle operators

A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has dismissed what he described as smear campaign against the party, insisting it will not stop the APC from winning the August 15 governorship election in the state. BusinessDay reports that Osun State is currently governed by Ademola Adeleke, who is seeking […] read more Osun gov’ship: APC unfazed by smear campaign, will secure victory — Oyintiloye

Blessing Umoh, a top professional in fraud prevention and compliance, has urged a stronger compliance systems, smarter fraud prevention, and ethical leadership in digital finance. Umoh exclusively told BusinessDay that the greatest challenge currently facing financial institutions is keeping pace with the sophistication of financial crime. According to her, fraud has evolved beyond traditional methods […] read more Expert calls for ethical digital finance leadership

By Max Amuchie What exactly is Nigeria’s security crisis—and how should it be understood? In this edition of The Sunday Stew, MAX AMUCHIE offers a defining formulation: The Insecurity Triad, a system in which kidnapping, banditry, and terrorism converge across money, land, and mind. A nation does not collapse all at once. It erodes—layer by […] read more The Insecurity Triad: Money, land and mind — The Capstone

Nigeria’s pharmaceutical sector is recording measurable gains under the leadership of Mojisola Adeyeye, as reforms driven by the head of the National Agency for Food and Drug Administration and Control (NAFDAC) push local drug manufacturing and elevate the country’s global regulatory standing. Industry stakeholders at the commissioning of Sam Pharmaceutical Limited, say Adeyeye’s flagship “5+5” […] read more Adeyeye’s reforms lift Nigeria pharma output to 50%, secure global regulatory ranking

The Nigerian Institute of Medical Research (NIMR) has defended the retirement of four of its directors, saying the move was in line with a federal government directive and existing public service rules, amid rising tensions with unionised researchers. The institute’s clarification comes after members of the Academic Staff Union of Research Institutions (ASURI) at NIMR […] read more NIMR defends directors’ exit as rule-driven, says union strike ‘misplaced’

The Kano State Government has issued a stern warning against fraud in its women empowerment programme, declaring that anyone who attempts to exploit beneficiaries of its N50,000 monthly support scheme will face arrest and prosecution. Governor Abba Kabir Yusuf gave the warning on Saturday at the Government House in Kano while disbursing N50,000 each to […] read more Kano disburses N50,000 each to 6,680 Women, vows zero tolerance for fraud