Naija News Feed
Business
Protecting What You Love: Sovereign Trust Brings Fire Safety to Market Community
BY NECHI NAECHE-ESEZOBOR—In a refreshing twist to Valentine’s Day celebrations, Sovereign Trust Insurance Plc chose to demonstrate love through action rather than tradition, bringing a life-saving fire safety initiative to traders at Saka Tinubu Market in Victoria Island, Lagos. Tagged “Protecting What You Love,” the initiative saw the underwriting firm partner with the Federal Fire […] The post Protecting What You Love: Sovereign Trust Brings Fire Safety to Market Community appeared first on Business Today NG.
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SEDC targets $200bn South-East economy, seeks Senate backing for N140bn 2026 budget
Mark Okoye, the Managing Director of the South East Development Commission (SEDC), on Tuesday unveiled an ambitious plan to grow read more SEDC targets $200bn South-East economy, seeks Senate backing for N140bn 2026 budget
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FG targets global tourists with new infrastructure push
The Federal Government has reaffirmed its commitment to repositioning Nigeria’s tourism sector with fresh infrastructure development and policy support aimed read more FG targets global tourists with new infrastructure push
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FG secures court approval to prosecute suspects linked to Bello Turji in absentia
The Federal Government has obtained the nod of the Federal High Court of Nigeria in Abuja to proceed with the read more FG secures court approval to prosecute suspects linked to Bello Turji in absentia
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Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum
BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved under the ongoing banking sector recapitalisation programme, as 20 banks have fully met the new minimum capital requirements. Speaking at the 304th Monetary Policy Committee (MPC) media briefing, Cardoso said the recapitalisation […] The post Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum appeared first on Business Today NG.
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The AI era is redefining what it means to be ‘technical’
Across Africa and beyond, technology has become a serious pathway to income mobility. From Lagos to Nairobi, Accra to Kigali, read more The AI era is redefining what it means to be ‘technical’
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Will artificial intelligence replace human workers?
Across global labour markets, artificial intelligence is no longer experimental. It is operational. Banks use it to screen transactions. Hospitals read more Will artificial intelligence replace human workers?
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Naira to exchange for 1000 to $1 in weeks – Tinubu
President Bola Tinubu on Tuesday, says the Naira will exchange at the rate of N1000 to one United States dollar, read more Naira to exchange for 1000 to $1 in weeks – Tinubu
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NECA hails CBN’s interest rate cut, wants more done to ease pressure on businesses
Adewale-Smatt Oyerinde, Director-General, Nigeria Employers’ Consultative Association (NECA), reacted to the recent decision of the Monetary Policy Committee (MPC) of read more NECA hails CBN’s interest rate cut, wants more done to ease pressure on businesses
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Payaza targets N50bn from Commercial Papers issuance
Payaza Africa Limited (Payaza) is currently shopping for about N50 billion through the issuance of Series 1 and 2 Commercial read more Payaza targets N50bn from Commercial Papers issuance
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12 takeaways from new Electoral Act
The Electoral Act, 2026 has finally come into force. Its enactment confirms the demise of the old order that never read more 12 takeaways from new Electoral Act
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Stock market snaps winning streak after MPC verdict
Nigeria’s stock market retreated on Tuesday by 0.92 percent after Monetary Policy Committee (MPC) verdict. Rising from its 304th meeting read more Stock market snaps winning streak after MPC verdict
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Pension data gaps delay family benefits
…as only 16% RSAs complete recapture When 57-year-old Taiwo left home for work each morning, he carried with him the read more Pension data gaps delay family benefits
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Export profits exemption now tied to forex repatriation
Nigerian exporters will now have to repatriate their foreign exchange earnings through official banking channels before qualifying for tax exemption read more Export profits exemption now tied to forex repatriation
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Mutual Benefits pays out N5.9bn claims in first month of 2026
Mutual Benefits Assurance Plc has paid out N5.94bn in claims to its policyholders in January 2026 alone, underlining its strong read more Mutual Benefits pays out N5.9bn claims in first month of 2026
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Africa Re GMD Karekezi emerges AAMFI chairman
Corneille Karekezi, group-managing director/CEO of African Reinsurance Corporation (Africa Re), has been named the chairperson of the Governing Council Alliance read more Africa Re GMD Karekezi emerges AAMFI chairman
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Trump receives security report on Nigeria 
Committees of the United States House of Representatives have formally presented a  report on Nigeria’s security and religious freedom situation read more Trump receives security report on Nigeria 
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How FG intends to tax freelancers, influencers and online sellers
Nigeria’s fiscal deficit is putting pressure on tax authorities to expand the country’s narrow revenue base, with freelancers, influencers and read more How FG intends to tax freelancers, influencers and online sellers
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Your pension as tax shield: How the new tax law affects your pension contributions
For many Nigerian employees, pension contributions appear on their monthly payslip as a routine statutory deduction. The figure is deducted read more Your pension as tax shield: How the new tax law affects your pension contributions
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Accion Microfinance Bank quotes N2.02bn Commercial Paper on FMDQ Exchange 
FMDQ Securities Exchange Limited has approved the quotation of Accion Microfinance Bank Limited’s N2.02 billion Series 1 Commercial Paper (CP) read more Accion Microfinance Bank quotes N2.02bn Commercial Paper on FMDQ Exchange 
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Nigeria’s fiscal problem is not size, but structure
Nigeria’s public finances are expanding rapidly at both federal and state levels. The Federal Government plans to spend N58.18 trillion read more Nigeria’s fiscal problem is not size, but structure
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Trump’s 10% tariffs take effect as trade confusion deepens
Fresh tariffs ordered by Donald Trump, United States president, have come into force at a lower rate than he publicly read more Trump’s 10% tariffs take effect as trade confusion deepens
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Yobe APC Chair commends Buni, Stakeholders over Peaceful Ward, LG Congresses
Alhaji Mohammed Gadaka, the Chairman of the All Progressives Congress in Yobe State, has commended Governor Mai Mala Buni for read more Yobe APC Chair commends Buni, Stakeholders over Peaceful Ward, LG Congresses
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Kano Assembly urges state govt to respond to US allegations against Kwankwaso
…demands road projects across LGAs The Kano State House of Assembly has called on the state government to formally engage read more Kano Assembly urges state govt to respond to US allegations against Kwankwaso
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Niger school rescue: FG denies ransom payment, debunks militant release allegations
The Federal Government has dismissed media reports alleging that it paid a huge ransom and released militant commanders to secure read more Niger school rescue: FG denies ransom payment, debunks militant release allegations
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Eterna beats forecast, posts highest profit in a decade
Eterna Plc posted its strongest annual profit growth in more than 10 years after booking a one-off debt gain and read more Eterna beats forecast, posts highest profit in a decade
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Regius Capital enters commercial paper market with N30billion Johnvents industries transaction
A Securities and Exchange Commission-licensed issuing house, Regius Capital Limited, has completed its first Commercial Paper transaction, participating as a read more Regius Capital enters commercial paper market with N30billion Johnvents industries transaction
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Tinubu’s petrodollar order faces legal, fiscal brickwall
When President Bola Tinubu signed Executive Order 9 directing that oil and gas revenues flow directly into the Federation Account, read more Tinubu’s petrodollar order faces legal, fiscal brickwall
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BREAKING: CBN bets on disinflation to deliver second rate cut in five months
The Central Bank of Nigeria (CBN) on Tuesday lowered its benchmark interest rate for the second time in five months, trimming the MPR... read more BREAKING: CBN bets on disinflation to deliver second rate cut in five months
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NDPHC bets on solar for Kano industrial clusters in race to fix energy woes
Nigeria’s Niger Delta Power Holding Company (NDPHC) is pushing into solar energy and dedicated industrial power supply as the state-owned read more NDPHC bets on solar for Kano industrial clusters in race to fix energy woes
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How Africa Fashion Week London 2026 reflects a new global reality for African fashion
For decades, African fashion has been described as “the next big thing.” But as Africa Fashion Week London (AFWL) prepares read more How Africa Fashion Week London 2026 reflects a new global reality for African fashion
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Shea butter ban drives 5% surge in local processing – Report
Nigeria’s push to restrict raw shea nut exports and promote local processing is beginning to show early signs of traction, read more Shea butter ban drives 5% surge in local processing – Report
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Banks can grow revenue through digital and risk pricing — Akin Adegoke
Nigeria’s banking sector faces a shifting outlook as a recent report by S&P Global projects tighter margins, higher capital requirements, read more Banks can grow revenue through digital and risk pricing — Akin Adegoke
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NBA: Wembanyama leads San Antonio Spurs past Pistons 114–103
Victor Wembanyama delivered a defensive masterclass as San Antonio Spurs overpowered the Detroit Pistons 114–103 on Monday in a bruising read more NBA: Wembanyama leads San Antonio Spurs past Pistons 114–103
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Why APC will win Osun governorship election — Oyintiloye
Olatunbosun Oyintiloye, Chieftain of the All Progressives Congress (APC) in Osun State, has expressed confidence that the party will emerge read more Why APC will win Osun governorship election — Oyintiloye
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Lagos hikes BRT fare by 13% on rising operational costs
Lagos commuters will begin to pay more, as the state government has increased fares on all Bus Reform Initiative (BRI) read more Lagos hikes BRT fare by 13% on rising operational costs
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