Poverty in Nigeria deepened sharply to 63 per cent in 2025, affecting an estimated 140 million people, even as inflation began to slow, highlighting a widening gap between macroeconomic gains and the lived realities of households, according to the World Bank. The alarming figure was disclosed in the Bank’s latest Nigeria Development Update (April 2026), […] read more Nigeria’s poverty crisis deepens as 140 million struggle despite easing inflation

Mutual Benefits Assurance Plc is ramping up efforts to reshape how individuals and households manage money, positioning structured financial planning as a catalyst for stronger savings discipline across Nigeria. The insurer is promoting tailored financial frameworks that encourage long-term goal setting, risk protection, and consistent contributions, an approach it says can help bridge the country’s […] read more Mutual Benefits bets on structured planning to deepen Nigeria’s savings culture

The Nigeria Sovereign Investment Authority (NSIA) is strengthening its climate finance strategy following its accreditation as a Direct Access Entity of the Green Climate Fund (GCF). In a statement, the authority said that this will enable them to access and utilise climate funding directly, which means they won’t need to rely on intermediaries and will […] read more NSIA expands climate finance push with GCF accreditation

The developer of Winhomes Global Services Limited, Stella Okengwu has rejected fraud allegations against her by David Umahi, Nigeria’s minister of works. The developer also takes exception to Umahi’s questioning of the source of her project funding, and also for doubting the legitimacy of her investment. Okengwu, in a statement in Lagos, fired back at […] read more Developer rejects minister’s fraud allegation, source of project funding

A coordinated push to scale investment, deepen mechanisation, and strengthen agricultural value chains is gaining momentum as the Federal Government, Japan, and development partners move to reposition Nigeria’s agriculture sector for productivity-led growth. At the Sasakawa Africa Association, 2026 Annual Stakeholders’ Workshop, tagged  ‘SAA@40’,  held in Abuja, on Thursday, stakeholders outlined a transition from project-based […] read more FG, Japan, global partners ramp up investments push to scale Nigeria’s agric transformation

There are lives that flicker like a candle in the wind, and there are lives that glow and ascend like constellations, steady, bright, and eternal in their influence. Bishop Eyoanwan Bassey Otu typifies and embodies, unmistakably the latter. At 62, she stands not merely as a woman of years, but as a cathedral of grace, […] read more Bishop Eyoanwan Bassey Otu @ 62: Celebrating an enduring flame of grace and compassion

FIFA has omitted Nigerian referees from its list of match officials for the 2026 FIFA World Cup, announcing a total of 52 referees, 88 assistant referees and 30 video match officials for the tournament. The competition, scheduled to run from June 11 to July 19 across the United States, Canada and Mexico, will be the […] read more FIFA names 170 officials for 2026 World Cup, omits Nigerian referees

A controversial remark by Wole Oke, the Director General of the Osun All Progressives Congress (APC) governorship campaign, has sparked widespread backlash ahead of the August 15, 2026 election, with opposition figures and concerned citizens condemning what they describe as a veiled threat against voters not aligned with Bola Tinubu and the APC. The backlash […] read more “Bear the consequences”: Outrage trails APC campaign chief’s threat ahead of Osun poll

Nigerian investment platform Risevest has suspended a senior executive after old social media posts containing ethnic slurs against Yoruba women resurfaced online, sparking public outrage and raising fresh questions about accountability in the country’s tech sector. The posts, shared widely on X, date back to around 2013 and were made from an account identified as […] read more Risevest suspends executive over ethnic slur posts

The Nigeria Police Force has debunked a viral video alleging an ongoing terrorist attack in Abuja, describing the claim as entirely false and a calculated attempt to incite panic among residents of the nation’s capital. In a statement issued on Friday by Anthony Placid, Force Public Relations Officer, the police said there was no record […] read more Police arrest suspect over fake Abuja terror alert

OPay has positioned itself to gain market share after Nigeria’s central bank tightened rules for agent banking, forcing Point of Sale (PoS) operators to work with only one financial institution. The new guidelines, introduced April 1 by the Central Bank of Nigeria, require agents to operate dedicated settlement accounts, comply with transaction limits, and use […] read more OPay eyes gains as Nigeria tightens PoS rules

Nigeria’s worsening security crisis has taken a troubling international turn, with Peter Obi, former presidential candidate of the Labour Party, warning that the United States’ decision to evacuate non-essential embassy staff in Abuja signals a “bad omen” that must be treated as a national emergency. The alarm follows a travel advisory issued on April 8 […] read more US Embassy evacuation signals ‘bad omen’ for Nigeria – Peter Obi

On the 25th of March 2026, at the plenary session of the United Nations General Assembly, Ghana’s President John Mahama moved a well-intended motion declaring that slave trade was ‘the gravest crime against humanity’ 25th March is the annual International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade, established through […] read more President Mahama, Slavery, and the Pity-Party

Operatives of the Economic and Financial Crimes Commission (EFCC) have dismantled a suspected internet fraud training hub, popularly referred to as a “Yahoo Academy”, in the Federal Capital Territory, arresting 31 individuals in a coordinated sting operation. The raid, carried out on Thursday, targeted a facility located in Becki Estate, Karu, on the outskirts of […] read more EFCC uncovers ‘Yahoo Academy’ in Abuja, arrests 31 in major crackdown 

Africa’s internet freedom landscape remains uneven and below global leaders, with no country on the continent reaching the highest tier of openness, according to a new study by Cloudwards. The report, which assessed 171 countries across five measures, including access to social media, political content, and VPN legality, shows that Africa’s best performers, including Cape […] read more Africa’s internet freedom lags global leaders, study shows

The Lenten season this year came straight after Ramadan, and expectedly, after these two important lengths of days, we are all supposed to be better persons. If you were quarrelsome before the Lenten period and Ramadan, fasting both from food and from the habit should make you less angry, more sedate and more accommodating. Lent […] read more As Lent ends, 2026, it triggers the memory of my loss on Easter Monday 2025

AI is no longer adjacent to strategy—it is how strategy is executed. It is influencing pricing, credit decisions, supply chains, hiring, and customer engagement at scale. Yet across boardrooms, a critical gap persists – strategy is being approved, but the systems executing it are not being governed with the same rigour. This is not a […] read more AI without accountability is strategy without control

Kigali, the capital city of Rwanda, has truly risen, as well as its hospitality offerings. The city, which is truly the “Land of a Thousand Hills”, and often referred to as the “Singapore of Africa” for its cleanliness, safety, and rapid economic growth, has more to offer as a choice tourism destination in East Africa […] read more Radisson Blu: Kigali’s sought-after address for Nigerian travellers

Emeka Emuwa, Chairman of the Board of Verod Holdings and a titan of African banking, has been named a recipient of the Citi Distinguished Alumni Award in Leadership, an elite recognition reserved for a select few across the Middle East and Africa who have demonstrated extraordinary leadership and institutional impact. In its over 40 years […] read more Emeka Emuwa becomes second Nigerian to receive Citibank’s distinguished alumni award

Fidelity Bank Plc’s journey to crossing the N500 billion capital threshold was not a single transaction but a two-year capital strategy that combined retail participation with targeted institutional funding. This ultimately lifted its regulatory capital to about N564.5 billion, well above the Central Bank of Nigeria (CBN) requirement for international banks, positioning it among early […] read more How Fidelity Bank raised more than N500bn to meet CBN’s capital rules

Africa’s healthcare crisis is no longer just about access; it is increasingly about ownership. From imported drugs that may not suit local populations to a steady outflow of trained doctors and a limited base of African-led research, the continent remains heavily dependent on external systems to solve its most pressing health challenges. But that model, […] read more Why Africa must build its own drugs, doctors and data — AKUH CEO

Guinea Insurance Plc is projecting a resilient second quarter, with forecasts showing significant profit growth driven by robust underwriting performance and strategic investment income. According to the company’s forecasted income statement for the quarter ending June 30, 2026, insurance revenue is expected to hit N4.41 billion, while insurance service expenses stand at N1.61 billion. After […] read more Guinea Insurance forecasts strong Q2 growth amid investment push

In a public primary school on the outskirts of Kano, a 10-year-old pupil confidently recites the alphabet but struggles to read a simple sentence. He has been in school for four years. On paper, he is “enrolled”. In reality, he is not learning. This paradox lies at the heart of Nigeria’s education crisis and raises […] read more Can Nigeria trust its education data?

…targets 4,000‑kilometre rail network across 20 states Federal Government, on Thursday, inaugurated a multi‑agency technical committee to review the $200 billion Integrated Gas, Power and high‑Speed Rail Project. George Akume? Secretary to the Government of the Federation (SGF), while speaking at the inauguration, said the mega‑deal must be thoroughly vetted to safeguard national interests, ensure […] read more FG sets up committee to scrutinise $200bn gas, power, rail project

The Federal Government has reassured the public that Nigeria remains stable and fully functional, despite a recent advisory issued by the United States. The advisory, which authorised the voluntary departure of non-emergency personnel from the US Embassy in Abuja, has sparked public discussion, prompting clarifications from Nigerian authorities. The government described the advisory as a […] read more FG responds to US security advisory, says Nigeria remains safe and functional

Melania Trump denies Epstein links in rare White House address Melania Trump, US first Lady, has publicly denied any connection to disgraced financier Jeffrey Epstein in a rare address from the White House, pushing back against years of speculation surrounding his network of high-profile contacts. The first lady said she was neither a victim of […] read more WORLD IN BRIEF: Melania Trump denies Epstein links, Khamenei claims war ‘victory’, Pope Leo heads to Africa and other stories

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When Adebayo Adelabu took office as Nigeria’s Minister of Power in August 2023, he promised that the country would reach 6,000 megawatts of electricity generation by the end of that year. He stated that the lights would come on. Nigerians, used to broken promises from a sector that has disappointed every administration for decades, waited. […] read more Blackout persists as Adelabu’s 6,000MW target misses three deadlines 

Nigerian poultry are increasingly opting to ditch commercial feed suppliers and switch to homemade blends, thereby cutting costs and boosting margins in a sector that has been battered by high input prices. Despite a 62.5 percent plunge in maize and soybean costs – key inputs in poultry feed formulations – millers slashed prices by only […] read more Poultry farmers ditch pricey feeds for homemade blends

A wave of coordinated violence has once again swept across Nigeria’s northern landscape, claiming the life of a high-ranking military officer in Borno State and leaving a trail of carnage in a rural Kebbi community. The dual-theatre offensive underscores the persistent volatility of the security situation as insurgents intensify their strikes against both state forces […] read more Terrorists kill Army general, 24 others in renewed attacks on Kebbi, Borno

The security climate in Nigeria has taken a troubling turn as the United States Department of State authorised the departure of non-emergency government employees and their families from Abuja, citing an imminent and heightened risk of terrorist attacks. This move, which transitions the embassy’s status to a partial evacuation, coincides with a sweeping updated travel […] read more US raises alarm on Nigeria, flags 23 states high risk

BY NKECHI NAECHE-ESEZOBOR—The U.S. Embassy in Abuja has announced the suspension of visa appointment services, advising applicants to monitor their email for updates on rescheduled dates. However, visa processing operations at the U.S. Consulate General in Lagos remain unaffected and continue as normal. Services for American citizens are also still available, particularly in emergency situations […] The post U.S. Embassy Abuja Pauses Visa Processing Amid Security Concerns appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—-The African Export-Import Bank (Afreximbank) has disclosed that it successfully raised over $800 million in international capital markets in 2025, despite earlier concerns flagged by global credit rating agencies. In a statement released on Thursday detailing its 2025 financial performance, the bank said the funds were mobilised through Samurai bonds issued in Japan […] The post Afreximbank Returns to International Markets, Raises Over $800m appeared first on Business Today NG.

The Presidency on Thursday addressed the controversy trailing President Bola Tinubu’s approval of a ₦3.3 trillion repayment plan for verified legacy debts owed to power generation companies (GenCos) between February 2015 and March 2025. The Presidency explained that President Bola Ahmed Tinubu approved the repayment arrangement under the Presidential Power Sector Financial Reforms Programme after […] The post Presidency Clears Air on Tinubu’s ₦3.3tn GenCos Debt Plan appeared first on Business Today NG.

  President Bola Tinubu has expressed deep sadness over the loss of the brave soldiers of the 29 Task Force Brigade, Operation HADIN KAI, who died in a coordinated terrorist attack on their camp in Benisheikh, Borno State. The President also expressed heartfelt condolences to the military and the families of the soldiers, urging them […] The post Benisheikh Attack: Tinubu Hails Fallen Troops as Heroes appeared first on Business Today NG.

Fresh insights from Canada are fuelling debate among educators and policymakers, advocating reforms that expand access to diverse learning options within the K–12 system. A new poll conducted for SecondStreet.org by Leger shows that 53% of Canadians believe the K–12 system has gone in the wrong direction over the past 20 years. Only about one […] read more Rethinking K-12 education: Research pushes for change, choice