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BoT takes over PDP after Supreme Court nullifies party leadership
Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has plunged into a fresh leadership crisis following a judgment by read more BoT takes over PDP after Supreme Court nullifies party leadership
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INEC fixes date for by-election as Jamila assumes office as National Commissioner
The Independent National Electoral Commission (INEC) has fixed Saturday, 20 June 2026, for the conduct of by-elections in six states read more INEC fixes date for by-election as Jamila assumes office as National Commissioner
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FEC resolves 20-year MM2 dispute, approves aircraft leasing contract, $2.9bn rail projects for Lagos, others
The Federal Executive Council (FEC), on Thursday, approved the resolution of the long-standing concession dispute surrounding the Murtala Muhammed Airport read more FEC resolves 20-year MM2 dispute, approves aircraft leasing contract, $2.9bn rail projects for Lagos, others
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Borno adopts Gubio as APC consensus governorship candidate
The political fracas between Kashim Shettima, Vice President, and Governor Babagana Zulum of Borno State has been put to rest read more Borno adopts Gubio as APC consensus governorship candidate
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WORLD IN BRIEF: Ukraine deepens strikes, Putin floats truce, US sanctions Kabila, Moody’s exits South Africa and other stories
Iran warns of ‘painful strikes’ as tensions with US escalate Iran has threatened a “long and painful” response if the read more WORLD IN BRIEF: Ukraine deepens strikes, Putin floats truce, US sanctions Kabila, Moody’s exits South Africa and other stories
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Stagnant wages leave Nigerian workers trailing peers 
Tunde Alabi, a fuel attendant in Lagos, earns the national minimum wage of N70,000 ($44) a month — an income read more Stagnant wages leave Nigerian workers trailing peers 
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BusinessDay 01st May 2026
read more BusinessDay 01st May 2026
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Nigeria ranks 6th globally in outsourcing
…Its labour cost competitiveness leads in Africa Nigeria has emerged as the world’s sixth most attractive destination for business process read more Nigeria ranks 6th globally in outsourcing
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Nigeria braces for fuel price surge as Brent crude tests $126
…Ex-depot price of diesel hits N1800/litre The global oil price has soared above $126 a barrel, its highest level since read more Nigeria braces for fuel price surge as Brent crude tests $126
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Jollof index: At N30,435, minimum wage earners can only cook two pots
A Nigerian worker earning the national minimum wage of N70,000 can only afford to cook just two pots of jollof read more Jollof index: At N30,435, minimum wage earners can only cook two pots
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Workers grapple with worst cost-of-living crisis in a generation
As Nigeria joins the global community to commemorate this year’s International Workers’ Day, the celebration is overshadowed by the worst read more Workers grapple with worst cost-of-living crisis in a generation
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University Workers’ Unions Announce Strike as Negotiations Stall
The Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) have announced an indefinite industrial action effective May 1, following a breakdown in talks with the Federal Government. In a letter dated April 30 and jointly signed by NASU General Secretary and SSANU President, Mohammed Ibrahim, […] The post University Workers’ Unions Announce Strike as Negotiations Stall appeared first on Business Today NG.
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INEC Receives New National Commissioner Jamila Manafa
NKECHI NAECJE-ESEZOBOR—The Independent National Electoral Commission (INEC) has formally received a newly appointed National Commissioner, Rear Admiral Jamila Abubakar Sadiq Manafa (rtd.), MNI, OFR, following her swearing-in by the President of the Federal Republic of Nigeria. INEC Chairman, Prof. Joash Amupitan, SAN, described the appointment as both timely and strategic, noting that it comes at […] The post INEC Receives New National Commissioner Jamila Manafa appeared first on Business Today NG.
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Iran will play at 2026 World Cup, says Infantino
FIFA President Gianni Infantino has reaffirmed that Iran will participate in the 2026 FIFA World Cup and play its scheduled read more Iran will play at 2026 World Cup, says Infantino
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Naira appreciates despite zero turnover
The naira strengthened slightly against the dollar in the official foreign exchange (FX) market on Thursday, despite zero turnover and read more Naira appreciates despite zero turnover
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Lafarge Africa Plc Posts N97.95bn Profit, Up 101% in Q1 2026
BY NKECHI NAECHE-ESEZOBOR—The Board of Directors of Lafarge Africa Plc has reported a strong financial performance­ for the first quarter of 2026, with Profit After Tax (PAT) rising to N97.95 billion—representing a 101 per cent increase from N48.64 billion recorded in the corresponding period of 2025. The company also recorded significant growth in revenue, with […] The post Lafarge Africa Plc Posts N97.95bn Profit, Up 101% in Q1 2026 appeared first on Business Today NG.
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Ethnocentrique drives 10,000 jobs as fashion future program closes pilot phase
Ethnocentrique has successfully concluded the second edition of The Fashion Games, a two-day market activation marking the end of the read more Ethnocentrique drives 10,000 jobs as fashion future program closes pilot phase
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Niger to establish carbon market office, eyes climate action leadership
The Niger State Government has reaffirmed its commitment to establishing the Niger State Carbon Market Office (NSCMO) as part of read more Niger to establish carbon market office, eyes climate action leadership
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Mercedes-Benz files legal action against Osimhen over €90,000 car debt
German carmaker Mercedes-Benz has reportedly initiated legal action against Nigerian striker Victor Osimhen over an alleged unpaid leasing debt of read more Mercedes-Benz files legal action against Osimhen over €90,000 car debt
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DBN announces N8.5bn dividend, MSME lending reaches N1.4tn, jobs hit 1.6m
The Development Bank of Nigeria (DBN) Plc has announced a total dividend payout of N8.5 billion to shareholders, as the read more DBN announces N8.5bn dividend, MSME lending reaches N1.4tn, jobs hit 1.6m
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Sovereign Trust Insurance Concludes Structuring for N5bn Rights Issue Ahead of Market Expansion
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a significant step in its recapitalisation programme in line with the Nigerian Insurance Industry Recapitalisation Act (NIIRA). The company disclosed this at a signing ceremony involving all transaction parties held at its corporate head office in […] The post Sovereign Trust Insurance Concludes Structuring for N5bn Rights Issue Ahead of Market Expansion appeared first on Business Today NG.
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Glo commends Nigerian Workers on May Day
Globacom, a digital solutions powerhouse, has paid tribute to Nigerian workers, whose steadfast industry and enduring commitment continue to propel read more Glo commends Nigerian Workers on May Day
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Otu flags off FG’s YEIDEP registration in Cross River
Governor Bassey Otu of Cross River State has flagged off a statewide registration drive for the Federal Government’s Youth Economic read more Otu flags off FG’s YEIDEP registration in Cross River
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Supreme Court ruling has resolved PDP factional disputes, party now united — Wike
Nyesom Wike, Minister of the Federal Capital Territory (FCT), says the People’s Democratic Party (PDP) is now united and free read more Supreme Court ruling has resolved PDP factional disputes, party now united — Wike
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PDP convention crisis splits Supreme Court justices, apex court voids Ibadan congress
…Supreme Court orders retrial in ADC leadership dispute, faults status quo order The Supreme Court, in a 3–2 split decision read more PDP convention crisis splits Supreme Court justices, apex court voids Ibadan congress
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Champion Breweries revenue surges 69% as Bullet acquisition marks new growth phase
Champion Breweries Plc has opened the 2026 financial year with one of the most transformative quarters in its 52-year history, read more Champion Breweries revenue surges 69% as Bullet acquisition marks new growth phase
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Ogun State Police Command Arrest Two Suspected Cattle Rustlers, Recover Stolen Cow
Nigeria Police Force, Ogun Command Arrests Two Suspected Cattle Rustlers, Recovers Stolen Cow, Knife and Operational Vehicle Operatives of the SWAT unit of the Nigeria Police Force, Ogun State Command, have arrested two suspected cattle rustlers and recovered a stolen cow valued at ₦1,700,000, a knife, and an operational vehicle used in the commission of […] The post Ogun State Police Command Arrest Two Suspected Cattle Rustlers, Recover Stolen Cow appeared first on Business Today NG.
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Tinubu Nominates Joseph Olasunkanmi Tegbe as Minister of Power
President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate. The nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution. The nomination follows the resignation of the former Minister, Adebayo Adelabu, who stepped down from office to pursue […] The post Tinubu Nominates Joseph Olasunkanmi Tegbe as Minister of Power appeared first on Business Today NG.
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APC Extends Deadline for Sale of Forms to May 4, Submission to May 5
The National Working Committee (NWC) of the All All Progressives Congress (APC) has approved an extension of the timelines for the sale of Expression of Interest and Nomination Forms, as well as the submission of completed forms for the 2027 general elections. The decision was reached at the NWC meeting held on Thursday at the […] The post APC Extends Deadline for Sale of Forms to May 4, Submission to May 5 appeared first on Business Today NG.
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Tinubu Names Rilwan Babalola Power Adviser, Sets Up Sector Reform Taskforce
BY NKECHI BAECHE-ESEZOBOR—President Bola Ahmed Tinubu, GCFR, has appointed Mr Rilwan Lanre Babalola as Special Adviser to the President on Power and as Chairman of the Presidential Task Force on Power Sector Reset and Restoration. The President has also redesignated the Office of the Special Adviser (Energy) as the Special Adviser (Oil & Gas) to […] The post Tinubu Names Rilwan Babalola Power Adviser, Sets Up Sector Reform Taskforce appeared first on Business Today NG.
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NNPCL Completes River Niger Crossing on OB3 Gas Pipeline
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in the expansion of Nigeria’s national gas transmission network. The successful crossing unlocks the full potential of the OB3 Pipeline, a strategic infrastructure designed […] The post NNPCL Completes River Niger Crossing on OB3 Gas Pipeline appeared first on Business Today NG.
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Photo News: Faces at the 2026 NIA Awards & Recognition in Lagos
From left: Ekerete Ola Gam-Ikon, Deputy Commissioner for Insurance (Finance & Administration) at the National Insurance Commission (NAICOM); Deputy Chairman of NIA,/ Managing Director/CE of Rex Insurance Limited, Ebelechukwu Nwachukwu and Chairman Nigerian Insurers Association, Kunle Ahmed and Deputy Chairman of NIA,/ Managing Director/CE of Rex Insurance Limited, Ebelechukwu Nwachukwu  at the event held today […] The post Photo News: Faces at the 2026 NIA Awards & Recognition in Lagos appeared first on Business Today NG.
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Ikeja Electric marks World Malaria Day with community health outreach
Ikeja Electric has reaffirmed its commitment to community health and wellbeing with targeted Corporate Social Responsibility (CSR) interventions in Abule-Egba read more Ikeja Electric marks World Malaria Day with community health outreach
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Tinubu appoints Rilwan Babalola as special adviser on power
President Bola Tinubu has appointed Rilwan Lanre Babalola as Special Adviser to the President on Power and as Chairman of read more Tinubu appoints Rilwan Babalola as special adviser on power
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Supreme Court returns ADC suit to trial court, sets aside status quo Ante Bellum order
The Supreme Court on Thursday directed parties involved in the leadership dispute within the African Democratic Congress (ADC) to return read more Supreme Court returns ADC suit to trial court, sets aside status quo Ante Bellum order
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APC extends sale of nomination forms to May 4
The All Progressives Congress (APC) has extended the sale of its expression of interest and nomination forms for the 2027 read more APC extends sale of nomination forms to May 4
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