Chery, one of China’s leading automobile manufacturers, is considering an expansion into Nigeria’s commercial vehicle segment, in what could signal increased competition and investment in a market seen as critical to logistics and industrial growth.  This was disclosed by Kim Luo, country director, passenger cars at Chery International, during a recent business visit to Carloha […] read more Chery eyes Nigeria’s commercial vehicle market amid expansion plans 

The 2026 edition of RANKED, a widely referenced report on digital news media performance in Africa, will be unveiled on April 23 in Lagos, with early insights pointing to a structural shift in how media value is defined across the continent. Published by SquirrelPR and organised by Squirrel Media Technologies in partnership with KT Communication, […] read more RANKED 2026 signals shift from traffic to influence in African media

At first light in Kisii County, western Kenya, Esther lays out a batch of overripe bananas on a wooden table. A year ago, she would have sold what she could and thrown the rest away. Bruised fruit fetched little at the market; what didn’t sell by evening was a loss. Now, the same fruit is […] read more From fruit to factories: Africa’s banana bet on value

Alert Group has secured a national microfinance banking licence for its subsidiary, Alert Microfinance Bank (MfB), to widen its operations and strengthen financial inclusion across Nigeria. Olanrewaju Kazeem, group chief executive officer, Alert Group, disclosed this to journalists at a media parley in Lagos, where he outlined the group’s performance, strategy, and growth plans. Kazeem […] read more Alert Group secures MfB licence, targets N250bn assets

A leading political support group, the Progressive Movement for Peter Mbah, weekend held a mega rally in Enugu North Senatorial Zone, rallying grassroots support for Governor Peter Mbah and amplifying awareness of his administration’s developmental policies. The group, described as a structured and data-driven initiative, said it was focused on deepening public engagement, promoting the […] read more Group rallies grassroots for Governor Mbah in Enugu North zone

From  left:Nasir El-Rufai with his Lawyers BY SUNDAY SAMUEL—The Kaduna State High Court on Tuesday denied  to grant bail to former governor Nasir El-Rufai, stating that his influence might allow him to obstruct ongoing probes. According to Justice Darius Khobo,  the accusations of financial misconduct are serious enough to warrant keeping him in custody. He […] The post Court Orders Continued Detention of El-Rufai Amid Serious Allegations appeared first on Business Today NG.

The National Drug Law Enforcement Agency (NDLEA) has secured another significant win in its ongoing offensive against drug cartels as the Federal High Court, Port Harcourt, granted an interim forfeiture order for 17 containers laden with illicit opioids worth over N33.6 billion in street value. The containers, which were intercepted at the Port Harcourt Ports […] The post NDLEA Secures Forfeiture of N33.6 billion worth of opioids intercepted at Onne Port appeared first on Business Today NG.

Governor Umo Eno has expressed satisfaction with the quality and timely delivery of jobs by contractors handling various project in Akwa Ibom State. Speaking after project inspection in Uyo, the State capital , the governor pledged to ensure that projects are properly monitored and appropriately funded in line with the contract agreement. He explained that […] read more Eno lauds contractors over quality job delivery in Akwa Ibom

The Federal Capital Territory Administration (FCTA) has warned that the ongoing teachers’ strike could disrupt the conduct of the West African Examinations Council (WAEC) examinations, urging the Nigeria Union of Teachers, FCT Wing, to suspend the industrial action and return to negotiations. The appeal follows the commencement of an indefinite strike by primary and secondary […] read more FCTA warns of WAEC disruption, urges NUT to call off strike

San Antonio Spurs centre Victor Wembanyama has made history after being named the NBA Defensive Player of the Year with a unanimous vote. The 7ft 4in French international secured all 100 first-place votes, becoming the first unanimous winner in the award’s 43-year history. At 22, Wembanyama is also the youngest recipient of the honour since […] read more Victor Wembanyama sweeps 2026 NBA Player Award

…shareholders laud BUA’s Abdul Samad Rabiu’s corporate governance leadership One of Nigeria’s biggest conglomerates and industrial powerhouses, BUA Group, is expected to pay shareholders from its two major subsidiaries—BUA Foods and BUA Cement—a combined N842.64 billion in record dividend payments in its value creation push. That is a nearly threefold rise in one year as […] read more BUA Group to hand shareholders N842.64bn in record dividend payout

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Collaboration Previews the Upcoming Infinix NOTE 60 Ultra designed by Pininfarina At the Business of Design Week 2025, Infinix announced a landmark strategic partnership with Pininfarina, the iconic Italian design house with a 95-year legacy of shaping some of the world’s most celebrated automobiles, as well as groundbreaking products across sectors such as luxury lifestyle, […] read more Infinix and Pininfarina Announce Strategic Design Partnership to Elevate the Future of Premium Smartphones

Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, Temi Popoola, Group Managing Director and Chief Executive Officer of Nigerian Exchange Group said, citing recent transactions and structural reforms aimed at improving market function. “The true test of any market is not entry, but exit,” said Popoola, during […] read more Nigeria’s markets gain credibility as exit route for investors – Popoola

The recent decision by the Nigerian Exchange Limited (NGX) to expand its trading window – effective Monday, April 27, 2026 – marks a pivotal transition for the nation’s capital market. By moving the opening bell to 9:00 am and extending the closing gong to 4:00 pm, the Exchange is nearly doubling its daily activity window […] read more Six ways the market wins from NGX expanded trading window

Apple shares saw a modest pullback following the company’s announcement that Tim Cook will step down as CEO. The news broke on April 20, 2026, and John Ternus, Apple’s senior vice president of hardware engineering, will take over on September 1. Cook will move to executive chairman. The stock closed Monday at about $273 before […] read more Apple shares dip slightly as investors eye smooth CEO transition

Nigerian-born British boxer and former cruiserweight world champion Lawrence Okolie has failed an anti-doping test ahead of his scheduled bout against Tony Yoka this weekend. Okolie was due to face Yoka in Paris on Saturday as he continues his pursuit of a move into the heavyweight division. Queensberry Promotions confirmed the development in a statement on X […] read more Nigerian-born boxer Lawrence Okolie fails drug test

Adedayo Oketola, chief press secretary (CPS) to the Chairman of the Independent National Electoral Commission (INEC), has said that a purported X , formerly Twitter, account attributed to the Commission’s Chairman, Joash Ojo Amupitan, SAN, is fake and part of a coordinated disinformation campaign. In a statement issued in Abuja, Oketola disclosed that a comprehensive, […] read more X account saga: Forensic investigation revealed fabricated X account targeting INEC Chairman – CPS

The World Bank and IMF Spring Meetings wrapped up in Washington last week. Anyone who follows the world of development finance already knows the headlines. Official development assistance fell by nearly a quarter this year, the sharpest single-year drop in decades. The United States cut its aid budget by more than half. Germany, the United […] read more Africa’s turning point

I was genuinely thrilled to read Sunday Dare’s response to my recent commentary on the management of the economy. Setting aside a regrettable touch of incivility, his engagement could have served as a stellar contribution to the marketplace of ideas—the very essence of a functioning democracy. I know Sunday Dare well. For many years, he […] read more A rejoinder and a clarification: On Sunday Dare, economic reform, and the Nigerian public square

In the vibrant markets of Onitsha and the high-energy tech hubs of Lagos, there is a common sentiment among business owners: if the bank account isn’t overflowing, the taxman shouldn’t be calling. It is a logical assumption on the surface. After all, why should a company that is barely breaking even or, worse, running at […] read more The cost of silence

There is something deeply unsettling about how insecurity has been normalised in Nigeria, not just by the persistence of violence, but by the predictability of our leaders’ responses. Each time tragedy strikes, whether in Borno, Plateau, Benue, Zamfara, or Kebbi, the script is already written. The president dispatches a message or visits, the vice president […] read more Condolence diplomacy: When leadership becomes a ritual of mourning

We are living in an age where media is no longer scarce – it is ubiquitous. With the proliferation of smartphones, deeper internet penetration, and the explosion of streaming platforms, individuals are constantly consuming content – video, audio, short-form clips, commentary, and increasingly, satire. Communication is no longer confined to formal channels; it is continuous, […] read more An agenda for strategic communication

As anticipation builds across Nigeria, many candidates who sat for the 2026 Unified Tertiary Matriculation Examination (UTME), conducted by the Joint Admissions and Matriculation Board (JAMB) are now focused on one thing: accessing their results. With conversations trending online and concerns about delays, errors, or access issues resurfacing each year, knowing the right way to […] read more Step-by-step guide on how to check 2026 UTME results

There are bankers who build balance sheets, and there are institutional leaders who build meaning into the balance sheet. Oliver Alawuba belongs to the second category. His leadership of United Bank for Africa is not merely about supervising one of the continent’s most recognisable financial institutions; it is about deepening the architecture of a bank […] read more UBA Chief Charts Africa’s Financial Frontier

Chamber says London event has lost legitimacy over exclusion, local content concerns Pressure widens beyond summit organizers to firms still backing the platform The African Energy Chamber (AEC) has escalated its campaign against the 2026 Africa Energies Summit, declaring that its boycott of the London event will remain in force until the organizers make what […] read more AEC Hardens Boycott Against Africa Energies Summit

ExxonMobil has committed roughly $300 million, about 30 percent of the total cost, for its Usan infill development offshore Nigeria, positioning the project for a formal final investment decision even before the official sanction has been declared, the company’s top executive in the country said. Jagir Baxi, chairman and managing director of Esso Exploration and […] read more ExxonMobil commits 30% of $1 billion Usan infill cost ahead of formal sanction

Enhancing Financial Inclusion and Advancement (EFInA), in partnership with the Shared Agent Network Expansion Facilities (SANEF) and Proshare, convened the second edition of the Ask the Regulator Consumer Protection Townhall. The Townhall brought together regulators, industry leaders, and financial consumers to engage in a direct and practical conversation on consumer protection in Nigeria’s rapidly evolving […] read more EFInA, regulators host Townhall to tackle consumer risks in digital lending

FBI director sues The Atlantic over alleged false reporting Kash Patel, FBI Director has filed a defamation lawsuit against The Atlantic and one of its reporters, accusing the publication of spreading false claims about his conduct. The article in question alleged that Patel’s qdrinking habits and absences could pose a national security risk, citing anonymous […] read more WORLD IN BRIEF: FBI chief sues Atlantic, Starmer admits envoy error, Migrants disaster in Libya and other stories

Zenith Bank Plc has become the first Nigerian lender to surpass the N5 trillion market capitalisation mark, cementing its position as the country’s most valuable banking group. The development follows a recent rally in the bank’s shares, driven by strong earnings performance and investor optimism over its planned listing on the London Stock Exchange (LSE) […] read more Zenith becomes first Nigerian bank to cross N5tn market capitalisation

The progress of any financial system rests not only on vision but also on the technical rigour that sustains it. Pension systems in particular demand leaders who combine strategic foresight with analytical discipline, leaders capable of translating policy aspirations into operational excellence. It is therefore fitting that Ehis Uzenabor, Managing Director and Chief Executive Officer […] read more Ehis Uzenabor: Technical Leadership for the Next Chapter of Nigeria’s Pension Industry

by Sandra Alison At defining moments in the life of an industry, leadership becomes more than a position. It becomes a responsibility to shape trust, steward resources, and protect the future of millions of citizens. The election of Donald Onuoha, Chief Executive Officer of Fidelity Pension Managers Limited, as President of the Pension Fund Operators […] read more Donald Onuoha: Leadership for Trust, Stability, and Nation Building in Nigeria’s Pension Industry

APM Terminals Apapa and the Nigerian Ports Authority (NPA) found three truck drivers operating under the influence of alcohol after conducting breathalyser tests on 30 truck drivers at the entrance of the Apapa port. APM Terminals, Nigeria’s largest container terminal, began testing external truck drivers for drugs and alcohol, as substance abuse remains a persistent safety […] read more Three drunk truck drivers found at Apapa as terminal tightens safety controls

The federal government of Nigeria has banned the importation of 17 essential goods from countries outside the Economic Community of West African States (ECOWAS), confining supplies of poultry, cement, pharmaceuticals and processed foods exclusively to regional partners. “Import Prohibition list (Trade), applicable only to certain goods originating from non-ECOWAS Member States. It consists of 17 […] read more Full list of products under Nigeria’s non-ECOWAS import ban 

President Bola Ahmed Tinubu has endorsed a United States dollar 75 million participation by the Federal Government in fintech company Flutterwave, in a move seen as a boost for Nigeria’s digital economy space. The funding will be channelled via the Ministry of Finance Incorporated (MOFI) and forms part of Flutterwave’s plan to secure about $250 […] The post Tinubu Endorses $75m Flutterwave Deal to Boost Digital Economy appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR —Retired officers of the Nigeria Police Force on Monday took to the streets of Abuja to express dissatisfaction over what they described as poor post-service benefits and an unfavourable retirement structure. Operating under the umbrella of the Police Retired Officers Forum of Nigeria, the former officers held a peaceful march calling for […] The post Retired Police Officers Renew Call for Exit from CPS appeared first on Business Today NG.