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Caverton explains delay in filing FY’25 results before regulatory due date
Caverton Offshore Support Group Plc has notified its shareholders, the investing public, and other stakeholders that it was unable to file its Audited Financial Statements for the year ended December 31, 2025 on or before the regulatory due date of March 31, 2026, as required by applicable rules of the Nigerian Exchange Limited (NGX). Caverton […] read more Caverton explains delay in filing FY’25 results before regulatory due date
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Dangote Group eyes 1.4 million bpd in $40bn Afreximbank deal
The Dangote Group is targeting at least $40 billion in investments to fund a five-year plan to expand its fertiliser and oil refining operations, according to a recent statement by the African Export-Import Bank (Afreximbank). The statement disclosed that Dangote Group’s Vision 2030, aimed at supercharging the group for long-term success, outlines a two-phase program […] read more Dangote Group eyes 1.4 million bpd in $40bn Afreximbank deal
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International Breweries posts first profit in 7-yrs on booming sales
International Breweries Plc has reported its first profit in seven years in 2025, helped by a sharp rise in sales and a largely stable naira, according to the company’s audited financial results filed with the Nigerian Exchange on Friday. The AB InBev-controlled company reported a net profit of N51 billion for the year ended December […] read more International Breweries posts first profit in 7-yrs on booming sales
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NIS suspends border commanders over alleged extortion on Lagos–Seme corridor
Kemi Nandap, Comptroller General of the Service,  ordered the immediate suspension of comptrollers in charge of the affected commands.  The action, according to the agency, is aimed at ensuring a transparent and unhindered probe into the allegations. The directive was disclosed in a statement issued by Akinsola Akinlabi, Service Public Relations Officer, ,who said the Comptroller […] read more NIS suspends border commanders over alleged extortion on Lagos–Seme corridor
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Rosenior stands firm on Enzo Fernández omission for Man City clash
Chelsea manager Liam Rosenior has confirmed that Enzo Fernandez will remain sidelined for Sunday’s Premier League clash against Manchester City, despite the midfielder issuing an apology over recent comments about his future. The Argentina international, who has been linked with a move to Real Madrid, sparked speculation during the international break after revealing on a […] read more Rosenior stands firm on Enzo Fernández omission for Man City clash
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Abu Dhabi to host World Bank-IMF 2029 Annual Meetings
The 2029 Annual Meetings of the World Bank Group and International Monetary Fund will take place in Abu Dhabi, United Arab Emirates, in October 2029, as decided in a vote by the Boards of Governors of the two institutions. The last time the Annual Meetings were held in the UAE was in 2003, when they […] read more Abu Dhabi to host World Bank-IMF 2029 Annual Meetings
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Int’l students in Canada no longer need separate study, work permit
International students in Canada no longer need a separate study and work permit, as the country is making it easier for international students to study and gain work experience at the same time. The change, which took effect on April 1, 2026, forms part of a broader package of reforms announced by Immigration, Refugees and […] read more Int’l students in Canada no longer need separate study, work permit
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Top 10 Nigeria’s mutual funds that delivered strongest returns in Q1
In the first quarter of 2026, smaller equity mutual funds outperformed Nigeria’s biggest fund managers, reporting returns of up to 52 percent as investors’ gains were boosted by the general stock market rally. Away from daily NGX volatility, mutual funds are emerging as a strong alternative for equity exposure. The majority of equity funds saw […] read more Top 10 Nigeria’s mutual funds that delivered strongest returns in Q1
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Hungry for health: How Nigeria’s food environment is failing its children
On the streets of many Nigerian cities, the pattern is unmistakable. Children clutch brightly coloured sachet drinks on their way to school. Small kiosks overflow with fried snacks, sugary beverages, and highly processed foods sold for a few naira. Meanwhile, fruits, vegetables, and other nutritious options are often scarce, more expensive, or completely absent from […] read more Hungry for health: How Nigeria’s food environment is failing its children
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VALR taps Onafriq Network to unlock crypto access to Africa’s unbanked
Crypto exchange VALR has partnered payments network Onafriq to expand access to digital assets for millions of unbanked Africans, allowing users to fund crypto accounts directly through mobile money in local currencies and bypass traditional banking barriers. The integration allows users to fund crypto accounts using local currencies via mobile wallets, removing one of the […] read more VALR taps Onafriq Network to unlock crypto access to Africa’s unbanked
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Doherty declares Lagos governorship bid, slams inequality, governance gaps
Public policy advocate Funso Doherty has declared his intention to run for governor of Lagos State, delivering a strong critique of inequality, governance failures, and what he described as decades of entrenched political dominance. Speaking at Freedom Park in Lagos Island on Friday, Doherty said his decision to enter the race was driven by a […] read more Doherty declares Lagos governorship bid, slams inequality, governance gaps
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Large firms risks sanctions as June e-invoicing deadline nears
Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing. read more Large firms risks sanctions as June e-invoicing deadline nears
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E-invoicing forces Nigerian firms into real-time transparency
Nigeria’s push to implement e-invoicing is forcing businesses to rethink not just how they file taxes but also how they record revenue... read more E-invoicing forces Nigerian firms into real-time transparency
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Firms partner to expand AI access for students, teachers across Africa
In a move to accelerate artificial intelligence (AI) adoption and digital inclusion across the continent, InnoPower Africa and Luma Learn AI. read more Firms partner to expand AI access for students, teachers across Africa
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EFCC boss tasks media on ethics, seeks balanced reportage of anti-corruption war
Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has urged Nigerian media organisations. read more EFCC boss tasks media on ethics, seeks balanced reportage of anti-corruption war
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Oil shock exposes Nigeria’s import trap as local tech manufacturing gains urgency
Nigeria’s exposure to global shocks is once again in focus after rising tensions in the Middle East pushed oil prices above $100 per barrel, driving up fuel costs locally despite the country’s status as a major crude producer. The disruption linked to the Strait of Hormuz has highlighted a long-standing weakness in Africa’s largest economy: […] read more Oil shock exposes Nigeria’s import trap as local tech manufacturing gains urgency
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2027: Adeoye launches “Àtuntọ Èkó 1.0,” targets Lagos revival
Laja Adeoye, a leading governorship aspirant of the Peoples Democratic Party (PDP) for the 2027 elections in Lagos State, has officially launched his comprehensive policy document ahead of the 2027 elections. The document is titled **#BetterLagosAgenda2027**,alternatively termed “Àtuntọ Èkó 1.0 (Re-Engineering Lagos for Inclusive Prosperity)”. In a statement announcing the launch, Adeoye’s team described Àtuntọ […] read more 2027: Adeoye launches “Àtuntọ Èkó 1.0,” targets Lagos revival
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VIDEO: 416 abducted Ngoshe residents beg Tinubu, Trump for rescue in Boko Haram video
A faction of the Boko Haram insurgent group has released a video showing 416 people abducted from Ngoshe, a community in the Gwoza local government area of Borno State, more than a month ago. In the footage, obtained by Business Day on Thursday night, the group provided “proof of life”, interviewing victims while surrounded by […] read more VIDEO: 416 abducted Ngoshe residents beg Tinubu, Trump for rescue in Boko Haram video
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Liquid C2 launches Africa’s first Google cloud-powered experience centre to accelerate AI adoption
Liquid C2, a business of Cassava Technologies, a global technology leader, has launched Africa’s first Partner Experience Centre powered by Google Cloud in Johannesburg, South Africa. The state-of-the-art facility is designed to empower partners and resellers to move beyond traditional distribution, providing the immersive, hands-on environment needed to architect and deploy cloud and AI solutions […] read more Liquid C2 launches Africa’s first Google cloud-powered experience centre to accelerate AI adoption
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Qoray expands EV charging network with new station in Lagos
In a significant step towards strengthening Nigeria’s electric vehicle (EV) infrastructure, Qoray has opened a new charging station at Federal Palace Hotel & Casino in Victoria Island, Lagos. Qoray is a clean technology company focused on delivering distributed clean energy and electric mobility solutions to the last mile. It believes that as electric mobility gains […] read more Qoray expands EV charging network with new station in Lagos
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JAMB directs candidates to print 2026 UTME slips ahead of April exams
The Joint Admissions and Matriculation Board (JAMB) has directed all candidates registered for the 2026 Unified Tertiary Matriculation Examination (UTME) to begin printing their examination notification slips ahead of the commencement of the exercise on April 16. In a statement issued on Thursday, Fabian Benjamin, JAMB’s spokesperson, said the notification slip contains vital details such […] read more JAMB directs candidates to print 2026 UTME slips ahead of April exams
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Kwara South indigenes hinge support for guber aspirants on measurable impact
…commend Abubakar Sulaiman’s transformative interventions Indigenes of Kwara South say their support for anyone seeking to govern Kwara State will depend on measurable impact, adding that such a person must demonstrate genuine unifying leadership across the North, Central, and South senatorial districts. For many in that region, leadership is not defined by recent visibility but […] read more Kwara South indigenes hinge support for guber aspirants on measurable impact
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AXA Mansard strengthens funding support for women-led businesses
AXA Mansard is stepping up efforts to close the financing gap faced by female entrepreneurs, rolling out targeted funding and support initiatives aimed at women-led businesses. The move underscores a broader push within Nigeria’s financial services sector to unlock the economic potential of women-owned enterprises, which remain underserved despite their growing contribution to job creation […] read more AXA Mansard strengthens funding support for women-led businesses
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ILO calls for workers’ social protection on growing vulnerability
A new report by the International Labour Organisation (ILO) has called for urgent and decisive action to strengthen social protection systems worldwide, warning that millions of workers remain exposed due to gaps in coverage, inadequate benefits, and weak financing in an increasingly volatile global economy. The report, ‘Universal social protection in changing labour markets: Protecting […] read more ILO calls for workers’ social protection on growing vulnerability
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Nigeria’s poverty crisis deepens as 140 million struggle despite easing inflation
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
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Mutual Benefits bets on structured planning to deepen Nigeria’s savings culture
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
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NSIA expands climate finance push with GCF accreditation
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
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Developer rejects minister’s fraud allegation, source of project funding
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
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FG, Japan, global partners ramp up investments push to scale Nigeria’s agric transformation
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
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Bishop Eyoanwan Bassey Otu @ 62: Celebrating an enduring flame of grace and compassion
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
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FIFA names 170 officials for 2026 World Cup, omits Nigerian referees
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
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“Bear the consequences”: Outrage trails APC campaign chief’s threat ahead of Osun poll
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
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Risevest suspends executive over ethnic slur posts
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
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Police arrest suspect over fake Abuja terror alert
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
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U.S. Embassy Abuja Pauses Visa Processing Amid Security Concerns
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.
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Afreximbank Returns to International Markets, Raises Over $800m
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.
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