Nigerian telecom operators are losing direct control of a lucrative revenue stream estimated at over N400 billion annually, as regulators move to restructure the fast-growing airtime and data lending market. The shift follows a directive by the Federal Competition and Consumer Protection Commission (FCCPC), which has approved five independent lenders to take over the service, […] read more Telcos lose grip on N400bn airtime lending market as FCCPC hands control to five lenders

International Breweries Plc, a member of ABInBev, has extended the Budweiser portfolio to consumers across Eastern Nigeria. In an event held recently in Asaba, the brand pulled out all the stops to introduce Budweiser Royale- a super-premium variant crafted for those who demand sophistication, smoothness, and a bold flavor profile. The launch, according to a […] read more International Breweries extends Budweiser portfolio to Eastern market

The Association of Medical Laboratory Scientists of Nigeria (AMLSN) has told the Federal Government to increase the budgetary allocation to the health sector in keeping with the World Health Organisation (WHO) standard and fund adequately, the medical laboratory services with a view to making tests affordable, reliable and accessible to the masses. This is as […] read more Increase allocation to health sector to meet WHO standard, AMLS tells FG

‎ ‎The Osun State Directorate of the National Orientation Agency (NOA) has called on residents to take proactive steps to prevent the spread of COVID-19 and other infectious diseases across the State. ‎Stephen Adebiyi, State Director of the Agency, made the call in a sensitisation message issued In a statement signed by Bunmi Olaseinde, the […] read more NOA urges Osun residents to adopt preventive measures against COVID-19

Shareholders of CWG Plc have approved a final dividend of 70 kobo per share for the financial year ended December 31, 2025, a 79 percent increase over the 39 kobo paid in the prior year, as the company outlined an ambitious growth agenda for the years ahead. The approval came at CWG’s 21st Annual General […] read more CWG eyes record $500m revenue as shareholders okay dividend payment

The Oyo State Government, through the Ministry of Environment and Natural Resources, has commemorated World Earth Day 2026 with a series of impactful initiatives aimed at promoting a cleaner, greener, and healthier environment. Ademola Aderinto, Commissioner for Environment and Natural Resources, speaking at the press conference, emphasised the importance of this year’s theme, “Our Power, […] read more Oyo govt plants trees, launches Walk for the Planet

…Reaffirms commitment to welfare The Management of the University of Medical Sciences (UNIMED), Ondo, has rolled out a palliative initiative to cushion the effects of the recent hike in fuel prices on staff of the institution. BusinessDay reports that the increased in fuel prices has posed significant challenges to the welfare and daily living conditions […] read more UNIMED provides fuel price relief palliative to staff in Ondo

The Edo State Government has banned the Ministries, Departments and Agencies of Government (MDAs) from revenue collection in the State, upholding the role of State Internal Revenue Service (EIRS) on revenue collection. John Odior, Executive Chairman of the Service, disclosed this on Wednesday during a meeting with Heads of MDAs and Permanent Secretaries in the […] read more Edo upholds Revenue Service’s role in revenue collection, bans MDAs

Mohammed Ajia Ibrahim, a renowned politician and philanthropist, has formally declared his intention to contest the Kwara Central Senatorial District seat at the National Assembly. He pledged to leverage his practical experience, academic training, and leadership qualities to address insecurity and other governance challenges, as well as stimulate economic development in Kwara State and Nigeria. […] read more I’ll deploy practical experience to tackle insecurity, drive economy – Kwara Aspirant

Introduction: Historical Context of the Restriction on Banking Services The financial strength of Nigerian banks, including their average capital adequacy ratios and credit discipline, is critical to the country’s financial stability.   In recent years, notable events such as the COVID-19 pandemic and the naira devaluation have occasioned major credit risks, necessitating both strict and flexible […] read more CBN’s directive on the restriction of banking services to non-performing obligors: A Review

Introduction Board succession planning rarely commands the same attention as CEO succession. It does not trigger headlines, activist campaigns, or emergency announcements – until something goes wrong. Yet time and again, moments of corporate stress reveal an uncomfortable truth: business continuity is deeply dependent on whether the Board itself is prepared for change. In an […] read more Succession planning in the boardroom and its impact on business continuity

For families seeking the best possible future for their children, citizenship at birth is far more than a legal technicality. It is a strategic advantage that can shape access to education, healthcare, and global opportunities for decades to come. Children born with citizenship immediately gain rights within their country of nationality, including access to public […] read more 7 countries that grant citizenship by birth in 2026

Iran blames US blockade for diplomatic deadlock as ceasefire holds Iranian officials have pointed squarely at Washington as the reason peace negotiations remain stalled, insisting that Tehran will not bow to what they have called American “bullying” while a naval blockade continues to strangle Iranian ports. Mohammad Bagher Ghalibaf, Iran’s parliament speaker and one of […] read more WORLD IN BRIEF: Iran blames US blockade for stalemate, US eyes Congo plan for Afghans; Sierra Leone signs shell deal and other stories

The federal government is considering granting domestic airlines discounts on debts owed to aviation agencies as part of emergency measures to ease the pressure of a deepening aviation fuel crisis, Minister of Aviation and Aerospace Development Festus Keyamo said on Wednesday. Keyamo made this disclosure after a high-level meeting in Abuja convened to address the […] read more FG to reduce debts for domestic airlines as as aviation fuel crisis deepens

For nearly a year, Nigeria’s macroeconomic narrative had been cautiously optimistic. Inflation had been trending downward, monetary tightening appeared to be working, and exchange rate reforms were gradually stabilising the naira. But March 2026 may prove to be a turning point. Data shows that headline inflation rose slightly from 15.06% in February to 15.38% in […] read more When Inflation Returns: External Shocks and Nigeria’s Fragile Price Stability

In sub-Saharan Africa, household air pollution claims over 800,000 lives yearly, with women and children bearing the greatest brunt. Nearly 80 percent of the population still relies on wood and charcoal for cooking, making clean cooking not just an energy intervention, but also one of the most immediate and high-impact climate and public health interventions […] read more Why government-backed authorisation is crucial for African clean cooking carbon finance

When the gap between Nigeria’s crypto-implied naira rate and the official exchange rate widened, policymakers reached for the obvious lever, crypto. Restrict it, and the pressure on the naira would ease. It didn’t. A recent Bank for International Settlements working paper, using data across 27 currencies, finds that stablecoin flows do affect foreign exchange markets. […] read more Why Nigeria’s Crypto ban added friction without stabilising the naira

Click to read on our premium read more BusinessDay 23rd Apr 2026

Click to read on our premium read more BusinessDay 23rd Apr 2026

When patients must choose between long waiting hours and unbearable medical bills, it is a clear sign that a healthcare system is failing the very people it was designed to protect. Across Nigeria today, this painful dilemma has become routine, a quiet crisis unfolding in hospital corridors, private clinics, and family homes. For millions, seeking […] read more When care becomes a choice between time and survival

The valuation of Premium Board stocks on the Nigerian Exchange Limited (NGX) has seen a massive surge recently, reaching an all-time high of N54.3 trillion. This formidable milestone represents a 38.8 percent share of the N140.5 trillion equities market capitalisation, signalling a period of robust expansion for the exchange’s most elite tier.  The momentum is primarily anchored by […] read more MTNN, Dangote Cement, Seplat drive premium stocks valuation to N54.3trn

…As rising debt service weighs on revenue Nigeria’s worsening debt profile is forcing renewed calls for stricter fiscal discipline and alternative financing strategies, as rising debt servicing costs continue to consume a significant share of government revenue and limit spending on critical development needs. With debt servicing projected at N15.81 trillion in the 2026 budget, […] read more Nigeria’s debt burden sparks calls for fiscal discipline

The Supreme Court on Wednesday reserved judgement in appeals arising from the protracted leadership crises in the African Democratic Congress (ADC) and the Peoples Democratic Party (PDP). A five-member panel of justices, led by Justice Mohammed Lawal Garba, said the date for the judgements would be communicated to all parties after counsel adopted their briefs […] read more Opposition parties risk 2027 election exclusion as court ruling drags

BY JUDE MADUEKE—Manchester City continued their late push for the Premier League title with a strong win at Turf Moor, moving to the top of the table while confirming relegation for Burnley. The champions, unbeaten in 11 matches, overturned a nine-point gap on Arsenal to lead on goal difference with five games left. Erling Haaland […] The post Haaland Fires City to Premier League Top Spot appeared first on Business Today NG.

Iran seized two vessels in the Strait of Hormuz on Wednesday, the first such action since the war began late February, raising fresh doubts about whether a fragile ceasefire between Tehran and Washington can hold. The Revolutionary Guards confirmed they had boarded and escorted the ships to Iranian shores for what they called maritime violations. […] read more Iran seizes ships as ceasefire hangs by a thread

American warships have fanned out across the Indian Ocean and Southeast Asian seas to intercept Iranian oil tankers, boarding and redirecting vessels loaded with millions of barrels of crude far from the war’s front lines, shipping and security sources told Reuters on Wednesday. At least three Iranian flagged tankers have been turned away from waters […] read more US forces hunt Iranian tankers across Asian waters

L-R: Olubunmi Akinremi, Independent Non-Executive Director; Ayodeji Adigun, Non-Executive Director; Agatha Obiekwugo, Non-Executive Director ; Azubike Emodi, Managing Director/Chief Executive Officer; Emmanuel Nnorom, Chairman, Board of Directors; Omomene Obanor, Company Secretary; Olukayode Odebiyi, Executive Director; Owen Omogiafo, Non-Executive Director; and Obong Idiong, Non-Executive Director, all of Afriland Properties Plc at the company’s 13th Annual General […] The post Afriland Properties Grows Revenue to ₦4.07bn, Assets Rise to ₦65bn appeared first on Business Today NG.

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, said the newly acquired 24 new coaches for the Red Line Rail by the Lagos State Government in China will enhance the multimodal transportation system and bring relief to commuters in the State. He disclosed that there were ongoing conversations to extend the Red Line further into […] The post Lagos Red Line Set to Transport 500,000+ Passengers Each Day appeared first on Business Today NG.

The Minister of Aviation and Aerospace Development of, on Wednesday revealed major steps taken by the Federal Government to ease the economic strain on airlines, amid growing worries about the high price of Jet A1 fuel and possible disruptions to flight services. He shared this update after holding a lengthy discussion with representatives from the […] The post Aviation Sector Gets Lifeline as FG Intervenes on Fuel Crisis appeared first on Business Today NG.

BY JUDE MADUEKE—Chelsea FC have parted ways with head coach Liam Rosenior after a poor sequence of performances, ending in a 3–0 loss to Brighton & Hove Albion. The team endured five straight Premier League losses without finding the net — their worst streak of this kind since 1912 — leading club officials to make […] The post Chelsea Part Ways with Rosenior After Heavy Brighton Defeat appeared first on Business Today NG.

Lagos State Governor,  Mr Babajide Sanwo-Olu, on Wednesday commended the performance of the Lagos State Internal Revenue Service (LIRS), describing it as a critical driver of the state’s economic growth, while calling for greater autonomy for tax agencies across the country. Sanwo-Olu spoke at the State House, Marina, while hosting members of the Joint Revenue […] The post Sanwo-Olu seeks autonomy for state tax agencies appeared first on Business Today NG.

Manchester City moved top of the Premier League table with a hard-fought 1-0 victory over Burnley at Turf Moor on Wednesday, edging ahead of Arsenal in the title race. The result also confirmed Burnley’s relegation, marking their third drop from the top flight in five seasons as they return to the Championship alongside Wolverhampton Wanderers. […] read more EPL: Man City go top with win over Burnley

Nigeria’s listed real estate investment fund, UPDC Real Estate Investment Trust, delivered a strong first-quarter performance, with profit growth rising by 36 percent, driven primarily by a sharp increase in rental income and a steady expansion of its asset base. According to its unaudited financial statement for the period ended March 31, 2026, the trust […] read more UPDC REIT grows Q1 profit by 36% as rental income rises

Despite remaining one of the world’s poorest nations and operating in one of Africa’s most complex environments, the Democratic Republic of the Congo (DRC) is on track to become the continent’s eighth-largest economy in 2026. BusinessDay analysis of GDP data across 53 African countries, based on estimates from the International Monetary Fund (IMF), shows the […] read more Rising DRC: How Congo is climbing into Africa’s largest 10 economies

Before Monday, April 20, 2026, barely anyone knew what LooPoint was. The few who had heard of it were undergraduate students at the University of Ibadan, who had perhaps used it to locate a nearby restroom on campus. But within days, LooPoint had gone from a campus tool to a viral idea—and its founders from […] read more How one tweet landed two UI Graduates a Lagos deal, and made their toilet app go viral

Ajibade Laolu-Adewale, chairman of the Committee of E-Business Industry Heads (CeBIH), has called for urgent coordination across Nigeria’s financial ecosystem, warning that rapid growth in digital payments risks being undermined by weak trust, poor interoperability, and fragmented intelligence systems. Speaking during his keynote address at the BusinessDay Fintech Summit 2026, Laolu-Adewale, who was represented by […] read more Nigeria must coordinate banks, fintechs, telcos for trusted digital economy