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Business
SPL underscores strategic importance of Utorogu Gas Processing Plant
SPL Utorogu Limited, an indigenous energy company focused on the development and operation of gas infrastructure assets in Nigeria, successfully held the official groundbreaking ceremony of its gas processing plant project in Utorogu, Delta State on Tuesday. The milestone event marked a significant step in Nigeria’s journey toward enhanced gas utilisation, energy security, and economic […] read more SPL underscores strategic importance of Utorogu Gas Processing Plant
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Kenya looks to space-age playbook as Artemis II inspires $1.5bn sovereign wealth fund push
Kenya’s push to establish a sovereign wealth fund is drawing inspiration from space exploration, as policymakers frame long-term economic planning through the lens of generational ambition following the launch of Artemis II. The recent mission, which marked the first crewed journey around the moon in more than five decades, has reignited global conversations about how […] read more Kenya looks to space-age playbook as Artemis II inspires $1.5bn sovereign wealth fund push
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Our governance strength is independently validated by dual AA credit ratings from Agusto & Co. and GCR Ratings, a powerful testament to our financial soundness and commitment to investor protection – Orga
Kai Orga, Managing Director of ARM investment Managers, in this interview with BusinessDay, breaks down the transition of mutual funds from a niche financial product to the cornestone of Nigerian wealth creation, and how ARM is navigating a high-interest-rate environment to deliver value, amongst others. Excerpts: In an era of persistent double-digit inflation, how has […] read more Our governance strength is independently validated by dual AA credit ratings from Agusto & Co. and GCR Ratings, a powerful testament to our financial soundness and commitment to investor protection – Orga
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Mutual funds offer structured risk management, most times, inflation-beating returns, and diversification that is unmatched by savings accounts-Owolabi
Toyin Owolabi, Managing Director, FSDH Asset Management in this exclusive interview with BusinessDay, unpacks the FSDH Edge that fueled their 2025 performance, their 2026 outlook for a stabilizing economy, and why the democratization of investing through their digital platforms is the ultimate catalyst for inclusive wealth creation in Nigeria.Excerps: Your flagship Coral Funds have historically […] read more Mutual funds offer structured risk management, most times, inflation-beating returns, and diversification that is unmatched by savings accounts-Owolabi
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Stricter nutrition standards set to reshape Nigeria’s food industry
Nigeria’s fast-moving consumer goods (FMCG) sector is bracing for a significant shift as tighter nutrition standards and a new health certification push begin to reshape competition, placing pressure on manufacturers while exposing regulatory gaps in the country’s vast informal food market. The Nigerian Heart Foundation (NHF) is intensifying efforts to promote healthier diets through its […] read more Stricter nutrition standards set to reshape Nigeria’s food industry
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Ayorinde Ejioye joins Forbes Business Council
Ayorinde Ejioye, chief operating officer of Gidi Real Estate Investment Limited, has been admitted into the Forbes Business Council, a global network of senior executives and business leaders. Ejioye’s selection followed a review process assessing professional achievement, leadership track record, and measurable impact on business performance. The Council typically admits individuals with demonstrated influence across […] read more Ayorinde Ejioye joins Forbes Business Council
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Leadership changes hand at PenOp as Donald Onuoha becomes president
The Pension Fund Operators Association of Nigeria (PenOp) has announced the election of Donald Onuoha as its new president and the chairman of its Executive Committee. Donald Onuoha is currently the managing director/CEO, Fidelity Pension Managers Limited. He was elected by members of the Association to lead its Executive Committee and provide strategic direction for […] read more Leadership changes hand at PenOp as Donald Onuoha becomes president
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Army overrun IPOB/ESN camps, foils bomb plot, recovers N2m ransom 
Troops of the Nigerian Army have intensified operations across the South-East, overrunning suspected strongholds of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN). The troop also dismantled a kidnapping syndicate, recovering improvised explosive devices (IEDs) and ransom cash. The coordinated offensives, conducted under Operation Eastern Sanity with support […] read more Army overrun IPOB/ESN camps, foils bomb plot, recovers N2m ransom 
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PenOp appoints Anthonia Ifeanyi Okoro as CEO
Pension Fund Operators Association of Nigeria has announced the appointment of Anthonia Ifeanyi Okoro as its chief executive officer, effective 30th March 2026. She succeeds Oguche Agudah who led the organisation for 6 years with dedication and impact. Anthonia brings to the role a wealth of cross-sector experience spanning both the public and private sectors, […] read more PenOp appoints Anthonia Ifeanyi Okoro as CEO
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FG backs Flour Mills’ Sunti Estate as Nigeria pushes to cut sugar imports
John Owan Enoh, the minister of state for industry, trade, and investment, has identified the Sunti Golden Sugar Estate operated by Flour Mills of Nigeria Plc as a working example of Nigeria’s push to achieve domestic sugar production and reduce imports. Speaking during a visit to the estate in Mokwa, Niger State, the minister said […] read more FG backs Flour Mills’ Sunti Estate as Nigeria pushes to cut sugar imports
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Coscharis Motors, Asia Star move to expand e-mobility in Nigeria
Coscharis Motors has partnered with Asia Star, a leading Chinese electric vehicle (EV) bus manufacturer, to drive cleaner and sustainable mobility solutions across the country. The partnership follows the deployment of Asia Star electric buses to Abia State, with officials from the Chinese firm recently visiting Coscharis’ facilities in Lagos to deepen operational alignment and […] read more Coscharis Motors, Asia Star move to expand e-mobility in Nigeria
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Fixing UTME at scale: What JAMB must do before the 2026 exams
Every year, Nigeria conducts one of the largest standardised examinations in the world. Close to two million candidates sit the Unified Tertiary Matriculation Examination (UTME), simultaneously across hundreds of computer-based testing centres nationwide. By sheer logistical scale alone, it is an impressive undertaking. By engineering standard, it is a system operating well beyond its design […] read more Fixing UTME at scale: What JAMB must do before the 2026 exams
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Concrete nation: How cement is powering Nigeria’s Go Local industrial future
At first light in Obajana, Kogi State, the ground trembles slightly as trucks roll out in long, deliberate convoys. Each one is loaded with cement – grey powder that will become roads, bridges, homes, and, increasingly, the backbone of Nigeria’s industrial ambition. For the drivers, it is routine. For the engineers, it is output. But […] read more Concrete nation: How cement is powering Nigeria’s Go Local industrial future
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SEC sets N7.5bn capital floor to shield investors in FTZE public offerings
Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is means a free zone enterprise, established in a free trade zone and licensed by a Free Zone Authority. The SEC has set a N7.5 billion minimum capital requirement […] read more SEC sets N7.5bn capital floor to shield investors in FTZE public offerings
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Deploy your ‘soft power’ against gender-based violence, Ford Foundation tasks ECOWAS First Ladies
The Ford Foundation has called on First Ladies across the ECOWAS region to deploy their influence more strategically in tackling gender-based violence (GBV). The Foundation described the First Ladies’ “soft power” as a critical driver of social change and institutional accountability. The call was made by ChiChi Aniagolu, West Africa Regional director of the Ford […] read more Deploy your ‘soft power’ against gender-based violence, Ford Foundation tasks ECOWAS First Ladies
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Group urges presidential intervention in developer, diaspora investors case
A group of concerned Nigerians has urged urgent presidential intervention in the case involving Winhomes Global Services Limited and diaspora investors affected by the Lagos–Calabar Coastal Road project. The group, known as Human Rights Writers Association of Nigeria (HURIWA), has raised concerns over what it has described as a troubling and prolonged case of alleged […] read more Group urges presidential intervention in developer, diaspora investors case
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Nigeria’s 10x taxpayer surge faces unproven compliance test
The expansion of Nigeria’s taxpayer base from 10-million to 100-million marks a significant structural shift. However, the critical question is whether this surge will translate into real revenue or remain largely a paper exercise. Analysts argue that the success of the drive rests not on the size of the register, but on the ability of […] read more Nigeria’s 10x taxpayer surge faces unproven compliance test
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YouTube Music tests split ‘Now Playing’ redesign to simplify playback experience
YouTube Music is rolling out a refreshed ‘Now Playing’ interface that introduces a split layout aimed at making playback controls and queue management more intuitive. The update builds on earlier redesign efforts by separating key elements of the listening experience into clearer sections. Users will now see a more structured interface that prioritises the currently […] read more YouTube Music tests split ‘Now Playing’ redesign to simplify playback experience
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Africa’s Forex Market in 2026: Key Trends Every Trader Should Watch
The forex market across Africa is witnessing more participants and more regulatory attention than it did just a few years ago. This growth is part of a bigger picture: Sub-Saharan Africa is expected to expand by 4.3% in 2026, while global forex turnover already hit an estimated $9.6 trillion daily in April 2025. However, there’s […] read more Africa’s Forex Market in 2026: Key Trends Every Trader Should Watch
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Reps asks CBN to halt payment to ZTE over ‘vague’ $460m CCTV project
The House of Representatives Ad-Hoc Committee probing the $460 million Closed Circuit Television (CCTV) surveillance project has directed the Central Bank of Nigeria to suspend any further disbursements to ZTE Corporation pending satisfactory explanations on the execution of the contract. The resolution was adopted on Tuesday after lawmakers expressed frustration over what they described as […] read more Reps asks CBN to halt payment to ZTE over ‘vague’ $460m CCTV project
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Pentecostal Fellowship dabbles in politics, to elect Rivers’ christians not party
…Resolve may shatter godfathers’ plans – Analyst The Christian Community in Rivers State, conservatively placed at 70% of the State’s nine million population, has vowed to vote massively for Christians during the 2027 General Elections, irrespective of political party affiliations. BusinessDay notes that the Christians dominate Rivers State by as much as 70%, analysts say, […] read more Pentecostal Fellowship dabbles in politics, to elect Rivers’ christians not party
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Non-completion of facilities delays commencement of international flight operations in Akwa Ibom
The non completion of facilities at the Victor Attah International Airport (VAIA) in Uyo, Akwa Ibom State has stalled the proposed commencement of international flight operations earlier scheduled for April 1, 2026, BusinessDay’s investigation has shown. The Airport had secured approval from the Federal Government for international flights after Festus Keyamo, Minister of Aviation and […] read more Non-completion of facilities delays commencement of international flight operations in Akwa Ibom
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MTN reaffirms commitment to youth, sports development
…as 3,250 athletes feature in 2026 Season 4 MTN Champs in Ibadan MTN has reaffirmed its commitment to youth and sports development in the country, just as about 3,250 athletes from over 250 secondary schools and 325 athletic clubs set to compete in the Ibadan leg of the 2026 Season 4 MTN Champs, MTN Nigeria, […] read more MTN reaffirms commitment to youth, sports development
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Experts push for budget law to fix Nigeria’s planning-implementation gap
Experts have called for the urgent passage of a what they termed a “comprehensive organic” budget law to address Nigeria’s persistent failure to translate development plans into effective budget implementation. Speaking at a National Policy Dialogue on effective budgeting on Tuesday orgnaised by the Joint National Assembly Committees on National Planning and Economic Development, Ben […] read more Experts push for budget law to fix Nigeria’s planning-implementation gap
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Stay away from plitics, focus on your duties, Bala tells traditional chiefs
Governor Bala Mohammed of Bauchi State has warned traditional leaders to stay away from partisan politics and focus on their responsibilities and duties. The governor gave the warning during the distribution of the 156 new vehicles to the traditional leaders across the State, which was held at the Rilwanu Suleiman Adamu square, inside government house. […] read more Stay away from plitics, focus on your duties, Bala tells traditional chiefs
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Two arraigned in Warri for demanding levy from property developer
Two young men were on Monday arraigned before a Magistrate Court in Warri, Delta State, over unlawful demand for payment of development fee popularly known as “deve” from Fred Aghedo, a property developer. The arraignment, followed renewed crackdown on illegal levies in the state, as the state government directed that anyone cought demanding “deve” from […] read more Two arraigned in Warri for demanding levy from property developer
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PenOp Elects Donald Onuoha as President, Unveils New Executive
BY NKECHI NAECHE-ESEZOBOR—The Pension Fund Operators Association of Nigeria (PenOp) has announced the election of Mr. Donald Onuoha as its new President and Chairman of its Executive. Donald is currently the Managing Director/Chief Executive Officer of Fidelity Pension Managers Limited. He was elected by members of the Association to lead its Executive Committee and provide […] The post PenOp Elects Donald Onuoha as President, Unveils New Executive appeared first on Business Today NG.
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2027 Election Insights: Which economic policy will decide your 2027 vote?
With 2027 on the horizon, voters are looking beyond promises to policies that deliver measurable impact. Across households and businesses, the pressure points are clear: rising living costs, inconsistent electricity, and gaps in essential services continue to shape everyday decisions. At the same time, debates around subsidies, tax reforms, and public investment are becoming more […] read more 2027 Election Insights: Which economic policy will decide your 2027 vote?
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PenOp Confirms Appointment Of Anthonia Ifeanyi Okoro as CEO
BY NKECHI NAECHE-ESEZOBOR—The Pension Fund Operators Association of Nigeria (PenOp) has confirmed the appointment of Anthonia Ifeanyi Okoro as its Chief Executive Officer, effective 30th March 2026. Okoro, who has served in an acting capacity since her appointment last year, was formally confirmed by the pension operators as CEO. She succeeds Oguche Agudah, who led […] The post PenOp Confirms Appointment Of Anthonia Ifeanyi Okoro as CEO appeared first on Business Today NG.
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Mile 2: Emerging transport hub where motorists groan, vehicles bleed
For motorists on the Lagos-Badagry Expressway heading from the Agbara-Badagry axis towards Orile, Apapa, and Lagos Island, Mile 2 has become a sore point where they groan and their vehicles bleed as they navigate ditches and gullies. A visit to Mile 2 shows a vibrant enclave where the Lagos State government is in action, building […] read more Mile 2: Emerging transport hub where motorists groan, vehicles bleed
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3,000 residents to benefit from Enugu social Intervention programme
Enugu State Government has launched a fresh phase of its social intervention programme under the Nigeria Community Action for Resilience and Economic Stimulus, with about 3,000 residents in rural communities set to benefit. The initiative, being implemented through the State Community and Social Development Agency, is aimed at improving grassroots living standards through targeted support […] read more 3,000 residents to benefit from Enugu social Intervention programme
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Kwara North APC rallies support for Tinubu’s re-election, seeks governorship slot
Leaders and stakeholders from Kwara North Senatorial District, on Tuesday, declared their support for the second-term bid of President Bola Ahmed Tinubu. A peaceful rally held at the Metropolitan Square, Ilorin, the stakeholders said the President had performed creditably and deserves another term in office. Addressing the gathering, on behalf of leaders and stakeholders from […] read more Kwara North APC rallies support for Tinubu’s re-election, seeks governorship slot
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No girl should miss school due to menstruation – Katsina First Lady
Zulaihat Dikko Radda, the First Lady of Katsina State, has declared that no girl in the State should miss school because of menstruation, as she intensified efforts to promote menstrual hygiene and girls’ education. She made this known on Tuesday during the nationwide distribution of sanitary pads to schoolgirls in Katsina under the Renewed Hope […] read more No girl should miss school due to menstruation – Katsina First Lady
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United Nigeria Airlines announces flight disruptions after bird strike grounds aircraft
United Nigeria Airlines has grounded one of its aircraft after a bird strike occured while landing from Mallam Aminu Kano International Airport, Kano to Nnamdi Azikiwe International Airport, Abuja scheduled for 18:15 hours on Tuesday, 14 April, 2026. The flight UN0579 involved one of its operating CRJ-900 aircraft. Read also: Airfares hold steady as new airlines […] read more United Nigeria Airlines announces flight disruptions after bird strike grounds aircraft
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Ellah Lakes’ revenue jumps to record as palm oil operations begin
Ellah Lakes Plc reported its highest-ever revenue after beginning early commercial activity in its palm and livestock operations, as the Nigerian agro-industrial company transitions from asset development to production. Revenue rose to N146.66 million for the 17 months ended December 31, 2025, from N0.78 million in the prior 12-month period, driven largely by initial harvests […] read more Ellah Lakes’ revenue jumps to record as palm oil operations begin
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Meet Olayinka Adaramola, SUNU Assurances’ new technical chief
SUNU Assurances Nigeria Plc has appointed Olayinka Adaramola as executive director, Technical Operations, marking a key leadership transition as the company intensifies its focus on operational efficiency and technical depth. The appointment, effective April 1, 2026, follows the resignation of independent non-executive director, Olajumoke Bakare, and forms part of a broader board restructuring by the […] read more Meet Olayinka Adaramola, SUNU Assurances’ new technical chief
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