The 13th edition of the Africa CEO Forum, which opened in Kigali, Rwanda on Thursday and concluded on Friday, highlighted read more AFRICA FINANCE IN BREIF: Africa searches for capital in a volatile world

As Africa’s trade and entrepreneurship landscape continues to evolve under the African Continental Free Trade Area (AfCFTA), 234Finance has launched read more 234Finance launches Pan-African SME bootcamp for cross-border expansion

Michael Adeyemi, Tech entrepreneur  founder of Depth Technologies Limited, has cautioned that venture capital, while widely viewed as a catalyst read more Tech entrepreneur warns venture capital may be stifling African fintech resilience

Adewole Adebayo, the presidential candidate of the Social Democratic Party (SDP) for the 2027 general election,  has praised Bala Mohammed, read more Adebayo praises Bala Mohammed for defending democracy at SDP convention

Africa’s fashion and textile industry is no longer seen only as culture and tradition. It is becoming one of the read more Made-in-Africa Fashion, youth creativity take centre stage at IAF54 Exhibition

…enters Nigerian market Best Fibres Nigeria Limited has formally launched Tressa hair, a new premium synthetic hair brand, as it read more Tressa Hair to redefine standards in African hair extension

Nigeria has implemented a 30-day visa exemption policy for Rwandan Nationals entering the country for lawful activities. The development follows read more Nigeria implements 30-day visa-free entry for Rwandan nationals

Nigeria has secured its first sovereign credit rating upgrade in 14 years after S&P Global Ratings raised the country’s long-term read more S&P upgrades Nigeria after 14yrs in boost for investor confidence

S&P Global Ratings upgraded Nigeria’s sovereign credit rating by one notch on Friday, rewarding three years of difficult structural reforms read more Election-year inflation threatens Nigeria’s reform push, S&P says after upgrade

BY NKECHI NAECHE-ESEZOBOR—The National Bureau of Statistics (NBS), has said that Nigeria’s headline inflation rate increased to 15.69% in April 2026, when compared to 15.38% recorded in March. This was contained its Consumer Price Index (CPI) Report April 2026. According to NBS report Consumer costs continued to increase across key sectors of the economy, even […] The post Nigeria’s Inflation Rate Rises to 15.69% in April 2026 – NBS appeared first on Business Today NG.

BY NKECHI NAECHE-RSEZOBOR—The Nigeria Police Force has removed five officers from service and taken additional personnel into custody over allegations linked to abduction, armed theft, unlawful demands, and other serious violations in Rivers State. According to an official release by Force spokesperson Anthony Okon Placid, the action is part of a wider internal cleanup aimed […] The post How Internal Probe Exposed Alleged Abduction and Extortion Network Within Police Ranks appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—The Nigeria’s telecommunications industry is currently undergoing a major phase of expansion and modernization as service providers increase spending to address ongoing issues of weak network performance and rising customer complaints nationwide. The Nigerian Communications Commission (NCC) reported that Mobile Network Operators spent over N2.13 trillion in capital investment in 2025 alone on […] The post Operators Invest Over N2.13tn To Upgrade Networks Across Nigeria – NCC appeared first on Business Today NG.

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Friday,brought a social media personality, Okoro Blessing Nkiruka, popularly known as Blessing CEO, before the Federal High Court sitting in Ikoyi, Lagos, over alleged fraud involving N36 million. She was arraigned before Justice D. I. Dipeolu on a two-count charge bordering […] The post EFCC Arraigns Social Media Influencer Blessing CEO Over Alleged N36m Property Fraud in Lagos appeared first on Business Today NG.

BY SUNDAY SAMUEL—Two security personnel, James Sule (30) and Adamu Yau (25), have been sentenced to life imprisonment for the prolonged sexual abuse of a minor over several years in Abuja. The judgment was delivered by Justice S. M. Mayana of the Federal Capital Territory High Court 46, Apo, following prosecution by the National Agency […] The post How Two Security Guards Were Convicted for Long-Term Child Abuse in Abuja appeared first on Business Today NG.

The Central Bank of Nigeria has introduced the fourth edition of its Foreign Exchange Handbook as part of efforts aimed at improving openness, reinforcing regulatory discipline, and boosting trust in the country’s currency exchange system. At the official presentation, the Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the updated guide will […] The post CBN Introduces Revised Foreign Exchange Guide for Improved Market Efficiency appeared first on Business Today NG.

The Kano/Jigawa Customs Area Command of the Nigeria Customs Service (NCS) has intensified its crackdown on illicit cross-border cash movement following the interception of 461,600 United States dollars from two inbound passengers at the Mallam Aminu Kano International Airport. The development was contained in a statement signed by the Command’s Public Relations Officer, Chief Superintendent […] The post Kano/Jigawa Hands Over $461,600, Suspects to EFCC appeared first on Business Today NG.

The Federal Government has begun enforcement of a 30-day visa waiver arrangement for citizens of Rwanda, following a directive issued by President Bola Ahmed Tinubu. The policy, unveiled at the Africa CEO Forum in Kigali, forms part of a mutual travel agreement between Nigeria and Rwanda, under which both countries now enjoy simplified entry privileges […] The post FG Begins 30-Day Visa Waiver for Rwandan Citizens in New Travel Deal appeared first on Business Today NG.

Commissioner for Insurance/CEO, NAICOM, Olusegun Ayo Omosehin.   BY NKECHI NAECHE-ESEZOBOR—The Federal Government has inaugurated the Insurance Policyholders’ Protection Fund (IPPF) Committee as part of efforts to strengthen consumer protection, boost confidence in the insurance industry, and enhance financial system stability under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Speaking at the inauguration ceremony, […] The post FG Inaugurates Insurance Policyholders’ Protection Fund Committee Under NIIRA 2025 appeared first on Business Today NG.

Hundreds of women across Lagos have taken to the football pitch in recent months through the Aya Women’s Socca League, read more Aya Care boosts women’s football with Socca League Championship

Jaylon Properties has been named among the BusinessDay Top 100 Fastest Growing SMEs, a recognition that highlights the company’s growth read more Jaylon Properties named among BusinessDay Top 100 Fastest Growing SMEs

Jose Mourinho is reportedly on the verge of a dramatic return to the Santiago Bernabéu, 13 years after leaving Real read more Jose Mourinho in final negotiations for Real Madrid return

BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has approved a temporary regulatory concession allowing Pension Fund Administrators (PFAs) to invest pension assets in the upcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP). The approval, contained in a circular dated May 13, 2026, temporarily suspends key investment restrictions and signals a […] The post PenCom Suspends Key Restrictions To Allow PFAs Invest in Dangote Refinery IPO appeared first on Business Today NG.

Fresh intrigues and rising tension have gripped the ruling All Progressives Congress (APC) as the party begins its primaries today read more 2027: Intrigues, tension as APC begins primaries Saturday

…opens 2026 change of institution, course process for UTME candidates The Joint Admissions and Matriculation Board (JAMB) has announced the read more JAMB to begin printing 2026 UTME result slips May 18

The All Progressives Congress in Plateau State has expressed readiness for its party primaries scheduled to begin on Saturday, following read more We are ready for party primaries, Plateau APC declares

Northwest University Sokoto (NWUS) has unveiled the official cut-off marks for its undergraduate programmes for the 2026/2027 academic year. A read more Northwest University Sokoto announces 200 as admission cut-off mark for medicine, 150 for accounting, biology others

How small, local energy systems are solving a problem the national grid has struggled with for decades. In the quiet read more Outside the grid solutions to electrification challenges in underserved and unserved communities

Nigeria’s efforts at repositioning its Special Economic Zones scheme have received fresh global recognition following the re-election of Olufemi Ogunyemi, read more Nigeria’s special economic zones reforms earn global endorsement at WFZO congress

No fewer than 15 money lender firms have been sanctioned by the Lagos State Government for engaging in unethical practices read more Lagos cracks down on 15 money lending firms

Nigeria’s headline inflation rate rose to 15.69 percent in April 2026, up from 15.38 percent recorded in March 2026, a read more Nigeria’s April inflation rise to 15.69% clouds outlook for interest rate cuts

Diageo has reaffirmed its commitment to Africa’s creative sector with its sponsorship of the Africa Magic Viewers’ Choice Awards (AMVCA). read more Diageo doubles down on African creativity at AMVCA

Fresh fears have gripped residents of border communities in Kano State following another deadly bandit attack on Lakwaya town in read more Fresh bandit attack claims two lives in Kano border community

BlackRock Inc., the world’s largest money manager, says South Africa is approaching a critical infrastructure turning point that could unlock read more World’s largest money manager eyes deeper South Africa infrastructure investments amid reforms

Inflation pressures resurfaced across some of Africa’s biggest economies in April as the prolonged Iran conflict pushed global oil prices read more Iran war reignites inflation pressures across Africa’s biggest economies in April

…appoints Odukale chair of committee The Federal Government has inaugurated the Insurance Policyholders’ Protection Fund (IPPF) Committee in a major read more FG inaugurates insurance protection fund to safeguard policyholders

Donald Trump, United States president and Xi Jinping, the Chinese president wrapped up a closely watched summit in Beijing with read more Trump, Xi end Beijing talks without breakthrough trade deals