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BusinessDay 2nd Feb 2026
read more BusinessDay 2nd Feb 2026
Business Day -
Nigeria’s rusty affair with Ajaokuta Steel leaves billions wasted 
Nigeria has spent N46.62 billion on its flagship Ajaokuta Steel Company over the past decade, even as the facility has read more Nigeria’s rusty affair with Ajaokuta Steel leaves billions wasted 
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Oil revenue reels as NNPC remittance to FAAC drops by 86%
…Zero dividend in one year Nigeria’s oil revenue fell sharply in 2025, owing to the Nigerian National Petroleum Company’s (NNPC) read more Oil revenue reels as NNPC remittance to FAAC drops by 86%
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Big 10 brokers shaping Nigeria’s stock market
…account for N7.4trn deals in 2025, representing 61.82%     In 2025, just 10 brokers dominated trading on Nigerian Exchange Limited, exerting read more Big 10 brokers shaping Nigeria’s stock market
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N1trn metro rail to restore Kano’s competitive edge
Kano State is moving to reclaim its position as the North’s economic nerve centre with a proposed N1 trillion metropolitan read more N1trn metro rail to restore Kano’s competitive edge
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Kaduna church attack: 80 worshippers escape, 86 still held
The village head of Kurmin Wali, Ishaku Dan’azumi, has said 80 worshippers abducted during the January church attacks have escaped, read more Kaduna church attack: 80 worshippers escape, 86 still held
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Remember politicians in your prayers — we’re Nigeria’s problem: Peter Obi
Peter Obi, presidential candidate of the Labour Party in the 2023 election, has called on Nigerians to pray for their read more Remember politicians in your prayers — we’re Nigeria’s problem: Peter Obi
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Tyla bags second Grammy win ahead of Arya Starr, Burna Boy, Davido
Tyla, South African amapiano-pop sensation, has secured her second Grammy win in Best African Music Performance for ‘PUSH 2 START’ read more Tyla bags second Grammy win ahead of Arya Starr, Burna Boy, Davido
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Arsenal pocket $2.3m prize in FIFA Women’s Champions Cup
Arsenal beat Corinthians 3–2 to win the inaugural FIFA Women’s Champions Cup, claiming a record $2.3 million prize, the largest read more Arsenal pocket $2.3m prize in FIFA Women’s Champions Cup
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Atletico Madrid confirm €40m deal to sign Ademola Lookman
Atletico Madrid have confirmed they have reached an agreement with Atalanta to sign Nigerian winger Ademola Lookman. In a statement read more Atletico Madrid confirm €40m deal to sign Ademola Lookman
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Nigeria loses 225,000 bpd as Shell begins major maintenance on Bonga oil platform
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has launched a maintenance program on its Bonga floating oil platform, a read more Nigeria loses 225,000 bpd as Shell begins major maintenance on Bonga oil platform
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‘Sinners’ strikes gold at 2026 Grammys with dual wins
Ryan Coogler’s supernatural thriller ‘Sinners’ continued its remarkable awards season dominance on Sunday night, securing two major victories at the read more ‘Sinners’ strikes gold at 2026 Grammys with dual wins
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Frank Onyeka nears deadline-day transfer to Coventry City
Super Eagles and Brentford midfielder Frank Onyeka is set to complete a loan move to English Championship leaders Coventry City read more Frank Onyeka nears deadline-day transfer to Coventry City
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NDDC commissions 9.4km road, joins fight for better health in oil region
… Gets applause for burial support of deputy governor The Niger Delta Development Commission (NDDC) seems to push harder toward read more NDDC commissions 9.4km road, joins fight for better health in oil region
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FG to arraign Benue killing suspects Monday
The Federal Government has announced that suspects arrested in connection with the recent killings in Yelwata community, Benue State, will read more FG to arraign Benue killing suspects Monday
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27 states escaped economic collapse through Tinubu’s reforms — Minister 
Mohammed Idris, minister of information and national orientation, has credited policy reforms introduced by President Bola Tinubu with preventing economic read more 27 states escaped economic collapse through Tinubu’s reforms — Minister 
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EPL: Solanke scorpion kick stalls Man City as Tottenham draw 2-2
Dominic Solanke’s scorpion kick dealt a blow to Manchester City’s Premier League title chase as Tottenham Hotspur fought back from read more EPL: Solanke scorpion kick stalls Man City as Tottenham draw 2-2
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Odogwu bids farewell to Royal Exchange Plc
Kenny Ezenwani Odogwu has stepped down as Group Chairman of Royal Exchange Plc, owners of Rex Insurance Ltd and its read more Odogwu bids farewell to Royal Exchange Plc
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First Holdco reports weakest profit in 8yrs after one-time impairment hit  
First HoldCo Plc, Nigeria’s oldest financial services holding company, has posted its weakest full-year profit in eight years after taking read more First Holdco reports weakest profit in 8yrs after one-time impairment hit  
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Mbappe’s 100th-minute penalty lifts Real Madrid past Rayo Vallecano
Kylian Mbappe scored a dramatic 100th-minute penalty to seal a hard-fought 2-1 victory for Real Madrid over nine-man Rayo Vallecano read more Mbappe’s 100th-minute penalty lifts Real Madrid past Rayo Vallecano
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How Fela Kuti became Africa’s first Grammy Lifetime Achievement honouree
For much of his life, Fela Anikulapo Kuti has existed outside formal systems of global recognition. This was not due read more How Fela Kuti became Africa’s first Grammy Lifetime Achievement honouree
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The good, the bad and the ugly of political numbers
While some numbers give joy, raise hope and enliven, some others raise apprehension, breed rancour and even lead to many read more The good, the bad and the ugly of political numbers
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How Anyanwu drives Nigeria’s tech ecosystem through mentorship, innovation
Chimaobi Stanley Anyanwu, founder of Owllup and Nigerian Tech and Innovation Awards (NTIA), has emerged as a key figure in read more How Anyanwu drives Nigeria’s tech ecosystem through mentorship, innovation
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Varsity dons bemoan weak political opposition in Nigeria
…Charge Nigerians to demand accountability from democratic institutions University lecturers have bemoaned weak political opposition in Nigeria, saying that the read more Varsity dons bemoan weak political opposition in Nigeria
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Okomu Oil nearly doubles full-year profit on sales growth
Net profit at Okomu Oil almost doubled in the full year of 2025, supported by a rising sales volume and read more Okomu Oil nearly doubles full-year profit on sales growth
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Presco’s profit soars to a record high despite weaker Q4
Presco Plc, Nigeria’s largest listed palm oil producer, posted a record full-year profit in 2025, shrugging off a softer fourth read more Presco’s profit soars to a record high despite weaker Q4
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Foreign buyers face fresh financial strain in London market
For Nigerian offshore investors, the London property market is a worthwhile destination as the market has started stabilising. But there read more Foreign buyers face fresh financial strain in London market
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EPL: Sesko scores a late winner as Man United edge Fulham 3–2
Manchester United interim manager Michael Carrick extended his perfect start as Benjamin Šeško’s stoppage-time strike sealed a 3–2 Premier League read more EPL: Sesko scores a late winner as Man United edge Fulham 3–2
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Architect bets on emerging designs crashing house prices soon
An architect, Olugbenga Lana, has said that based on new housing designs now coming into the building industry, chances are read more Architect bets on emerging designs crashing house prices soon
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Anambra reopens Onitsha Main Market after one-week closure
The Anambra State government, has directed traders in Onitsha Main Market to return to business effective Monday, following the expiration read more Anambra reopens Onitsha Main Market after one-week closure
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Arthur Steven CEO sees Dangote IPOs supercharging market for 45.9% return 
Olatunde Amolegbe, managing director of Arthur Steven Asset Management Limited and former president of Chartered Institute of Stockbrokers (CIS) has read more Arthur Steven CEO sees Dangote IPOs supercharging market for 45.9% return 
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Basketball Africa League 6th season tips off Friday March 27
Season six of the Basketball Africa League (BAL) will tip off on Friday, March 27, at the SunBet Arena in read more Basketball Africa League 6th season tips off Friday March 27
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Why Nigeria’s SMEs do not need more loans but fair credit – Oluwapelumi
Akinwande Oluwapelumi, is co-director at GOPOD Finance Solutions Limited, the parent company of Relpay, where he leads operations, financial strategy read more Why Nigeria’s SMEs do not need more loans but fair credit – Oluwapelumi
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NBA, Abu Dhabi deepen collaboration on global basketball academy in UAE
The National Basketball Association (NBA) and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced read more NBA, Abu Dhabi deepen collaboration on global basketball academy in UAE
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Alcaraz beats Djokovic to win historic Australian Open, pockets $2.79m prize money
Carlos Alcaraz beat Novak Djokovic on Sunday to claim his maiden Australian Open title and become the youngest man in read more Alcaraz beats Djokovic to win historic Australian Open, pockets $2.79m prize money
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ADC accuses APC of forcing civil servant to do e-registration
The African Democratic Congress (ADC) has raised the alarm over reports that civil servants across several states are being coerced read more ADC accuses APC of forcing civil servant to do e-registration
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