Naija News Feed
Business
Naira slides to 17- day low of N1,380.71/$ as liquidity slows
The naira weakened to a 17-day low of N1,380.71 per dollar in the official foreign exchange (FX) market as liquidity read more Naira slides to 17- day low of N1,380.71/$ as liquidity slows
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NCC Moves to Roll Out Affordable Smartphones in Nigeria
MATINS IBE(Abuja) —The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has announced the Commission’s intention to make low-cost smartphones available in the market. He explained that the initiative is designed to ensure wider access to mobile devices for Nigerians at more affordable rates. He made this known recently during a […] The post NCC Moves to Roll Out Affordable Smartphones in Nigeria appeared first on Business Today NG.
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How people, not procedures, power ND Western’s 39-million-hour safety record
As companies worldwide mark the World Day for Safety and Health at Work 2026, a quiet but consequential shift is read more How people, not procedures, power ND Western’s 39-million-hour safety record
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Sunu Assurances offers N9.34bn in new shares to existing investors
Sunu Assurances Nigeria Plc, a leading non-life insurer and member of the Pan-African Sunu Group, is offering 2,075,285,715 ordinary shares read more Sunu Assurances offers N9.34bn in new shares to existing investors
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FG says Abuja-Kano-Maradi rail will be delivered in December
…Rail project now at about 70% completion The Federal government has insisted that the $1.9 billion Abuja-Kano-Maradi rail project will read more FG says Abuja-Kano-Maradi rail will be delivered in December
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Osifo, Edo APC chieftain, picks N100m forms to challenge Tinubu
Stanley Osifo, a Chieftain of the All Progressives Congress (APC) in Edo State, has purchased the party’s N100 million Presidential read more Osifo, Edo APC chieftain, picks N100m forms to challenge Tinubu
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United Capital Group completes full recapitalisation of SEC-Regulated subsidiaries
United Capital Group has completed the recapitalisation of its Securities and Exchange Commission (SEC)-regulated subsidiaries, satisfying the revised minimum capital read more United Capital Group completes full recapitalisation of SEC-Regulated subsidiaries
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From Nigerian roots to global scale: LemFi commits £100M to UK
LemFi designates London as its headquarters and pledges major investment Building on the momentum of the UK-Nigeria State Visit and read more From Nigerian roots to global scale: LemFi commits £100M to UK
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Insecurity, serious challenge facing Nigeria – Olubadan
…says citizens must join hands with govt to fight menace Oba Rashidi Ladoja, the Olubadan of Ibadanland, has said that read more Insecurity, serious challenge facing Nigeria – Olubadan
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Third-Party Motor Insurance: Key Facts Every Driver Should Know
For many drivers in Nigeria, motor insurance is something they think about only when it is time to renew vehicle read more Third-Party Motor Insurance: Key Facts Every Driver Should Know
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ALTON calls for Umurgent regulatory resolution as Amairtime credit suspension threatens millions of Nigerians
…₦300bn–₦400bn market disruption deepens as industry warns of growing risk to investment climate The Association of Licensed Telecoms Operators of read more ALTON calls for Umurgent regulatory resolution as Amairtime credit suspension threatens millions of Nigerians
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NCC to Deploy External Auditors to Verify Operator Compliance on Customer Compensation
BY OR REPORTER —In a move aimed at tightening regulatory oversight and improving service delivery standards, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has announced plans to deploy independent audit professionals to assess whether telecom operators are adhering to consumer protection directives, particularly on compensation for poor-quality service. Maida […] The post NCC to Deploy External Auditors to Verify Operator Compliance on Customer Compensation appeared first on Business Today NG.
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Reps approve Tinubu’s $516m external loan request for Badagry-Sokoto highway
…as Tinubu picks APC’s N100m forms to seek re-election The House of Representatives has approved a $516.33 million external borrowing read more Reps approve Tinubu’s $516m external loan request for Badagry-Sokoto highway
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Reps demand extension of SIM re-allocation period over fraud, identity theft
The House of Representatives has asked the Nigerian Communications Commission (NCC) to extend the period before inactive SIM cards and read more Reps demand extension of SIM re-allocation period over fraud, identity theft
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Chizoma Okoli to exit Access Bank as deputy managing director
Access Holdings Plc has announced that Chizoma Okoli will retire from her role as deputy managing director of its subsidiary, read more Chizoma Okoli to exit Access Bank as deputy managing director
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Genoa’s Jeff Ekhator eyes Super Eagles switch
Jeff Ekhator has revealed his intention to switch international allegiance to Nigeria, offering a potential boost to play for the read more Genoa’s Jeff Ekhator eyes Super Eagles switch
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GTCO grows interest income to N458bn, profit falls by 15% in Q1
Guaranty Trust Holding Company Plc grew interest income to N458.46 billion for the first quarter ended March 31, 2026, from read more GTCO grows interest income to N458bn, profit falls by 15% in Q1
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Aminu Maida Calls for Stronger Parental Role in Protecting Kids Online
BY OUR REPORTER—Aminu Maida, Executive Vice-Chairman of the Nigerian Communications Commission (NCC), has outlined practical steps families can take to shield minors from unsafe material online, calling for stronger involvement from guardians and key stakeholders. Speaking during a media briefing in Abuja, he noted that while digital platforms continue to evolve worldwide, their cross-border reach […] The post Aminu Maida Calls for Stronger Parental Role in Protecting Kids Online appeared first on Business Today NG.
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Heirs Insurance Brokers Secures NDPC Certification, Signaling Strong Governance and Compliance Edge
BY NKECHI NAECHE-ESEZOBOR—Heirs Insurance Brokers Limited (HIB) has reinforced its reputation for strong corporate governance and regulatory compliance after securing the 2025 NDPC Audit Compliance Trust Mark from the Nigeria Data Protection Commission (NDPC), underscoring its commitment to best-in-class data protection standards in Nigeria’s evolving digital economy. The NDPC Trust Mark is an independent certification […] The post Heirs Insurance Brokers Secures NDPC Certification, Signaling Strong Governance and Compliance Edge appeared first on Business Today NG.
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GTCO shareholders laud highest dividend payout of N12.76 kobo for FY’25
The shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management of the financial institution for the highest read more GTCO shareholders laud highest dividend payout of N12.76 kobo for FY’25
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Infinity Trust grows profit by 56% as loan expansion lifts income
Infinity Trust Mortgage Bank Plc reported a strong first-quarter performance, with profit rising sharply on the back of increased lending read more Infinity Trust grows profit by 56% as loan expansion lifts income
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AltBank drives systemic reform for autism care in Nigeria
To catalyse long-overdue national action on autism inclusion, The Alternative Bank (AltBank), in partnership with the Private Sector Health Alliance read more AltBank drives systemic reform for autism care in Nigeria
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Satellite Data Powers New Era of Insurance Expansion in Nigeria
L-R Dr Usman Jankara (Deputy Commissioner Technical; National Insurance Commission), Dr Mathew Olumide Adepoju (Director General NASRDA), Mr Olusegun Ayo Omosehin (Commissioner for Insurance National Insurance Commission) and Mr Ekerete Ola Gam-Ikon (Deputy Commissioner Finance and Administration National Insurance Commission)   BY NKECHI NAECHE-ESEZOBOR—Nigeria’s insurance industry is set for a Satellite Data Powers New Era […] The post Satellite Data Powers New Era of Insurance Expansion in Nigeria appeared first on Business Today NG.
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STL Trustees establishes market leadership at 30, surpasses N2bn capital threshold
STL Trustees Limited has surpassed the N2 billion recapitalisation requirement prescribed for trusteeship companies by the Securities and Exchange Commission read more STL Trustees establishes market leadership at 30, surpasses N2bn capital threshold
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Meet Muttaqha Darma, Nigeria’s new housing minister
In Nigeria, politics has a way of catapulting people, men and women, from obscure corners to the public arena and read more Meet Muttaqha Darma, Nigeria’s new housing minister
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Downtown Lagos on the way as govt allocates land for commercial city
A new destination to be known as ‘Downtown Lagos’ is on the way as the Lagos State government recently allocated read more Downtown Lagos on the way as govt allocates land for commercial city
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Operator foresees growth in REITs market as more investors step in
UPDC Real Estate Investment Trust (REIT) is the most thriving investment trust in Nigeria today, controlling a sizeable share of read more Operator foresees growth in REITs market as more investors step in
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Vicky Haastrup wins Vanguard woman entrepreneur of the year
Vicky Haastrup, chief executive officer of ENL Consortium Limited and chairperson of the Seaport Terminal Operators of Nigeria (STOAN), was read more Vicky Haastrup wins Vanguard woman entrepreneur of the year
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Power sector reforms divide industry leaders as financing hurdles persist
Nigeria’s electricity market reforms came under intense scrutiny as operators across the power, gas, and renewable energy value chain warned read more Power sector reforms divide industry leaders as financing hurdles persist
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Security experts commends Mbah’s security investment, urge other states to emulate Enugu
Security personnel and experts drawn from various security and paramilitary agencies have hailed Enugu State Government’s heavy investment in security, read more Security experts commends Mbah’s security investment, urge other states to emulate Enugu
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At a glance: Possible presidential ticket in opposition coalition 2027 playbook
Nigeria’s opposition is once again testing the waters of coalition politics, but unity remains more aspirational than settled. The Ibadan read more At a glance: Possible presidential ticket in opposition coalition 2027 playbook
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Nigeria does not yet have what it takes to reintegrate terrorists
In April 2026, the Nigerian government announced the graduation of 744 “repentant” former terrorists under its deradicalisation and rehabilitation initiative read more Nigeria does not yet have what it takes to reintegrate terrorists
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Meet Obafemi Hamzat, Lagos deputy governor tipped as Sanwo-Olu’s possible successor
As conversations quietly intensify around who succeeds Babajide Sanwo-Olu, Lagos State governor, in 2027, one name has moved from the read more Meet Obafemi Hamzat, Lagos deputy governor tipped as Sanwo-Olu’s possible successor
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TerraHex rebrand signals Nigeria’s 18MW bitcoin-AI compute push
Terrahash’s rebrand to TerraHex Digital Assets Corp is signalling a bold push into Nigeria’s growing digital infrastructure space, with the read more TerraHex rebrand signals Nigeria’s 18MW bitcoin-AI compute push
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Nigeria targets SME export growth as TikTok, ICC roll out digital labs
Nigeria is positioning its small businesses for global trade as TikTok and the International Chamber of Commerce roll out the read more Nigeria targets SME export growth as TikTok, ICC roll out digital labs
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Debt boom lifts Africa startup funding to $600m in Q1 2026
African startups raised $600 million in the first quarter of 2026, a 27 percent increase from $470 million in Q1 read more Debt boom lifts Africa startup funding to $600m in Q1 2026
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