Nigeria’s central bank surprisingly delivered its biggest single interest-rate cut on record, slashing the benchmark by 350 basis points to read more CBN slashes rate in record cut as benchmark catches up with market

…records 350bps cut, second-largest single rate reduction in continent this year Nigeria has improved slightly in Africa’s interest-rate ranking, moving read more Nigeria moves to Africa’s third-highest interest rate despite bumper cut

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s lead underwriter, Mutual Benefits Assurance Plc has protected a Gross Written Premium of ₦96.82 billion for the twelve months ending 31 December 2026. According to notice released on the exchange, for dealing members and investors, the company’s insurance revenue, is projected to stand at ₦89.42 billion. The company’s general business is expected […] The post General Business to Drive 72% of Mutual Benefits’ Assurance Projected ₦96.82bn GWP appeared first on Business Today NG.

SUNU Assurances Nigeria Plc has announced the appointment of Mr. Michael Uchenna Chukwu as an Independent Non-Executive Director on the Board of the Company effective September 2026. This is contained in a in a notice to Nigerian Exchange Limited (NGX) and its esteemed shareholders released recently. Chukwu is a  Chartered Accountant and a private equity […] The post SUNU Assurances Nigeria Boosts Board With Michael Chukwu, Founder of Assetswise Capital appeared first on Business Today NG.

….As CBN slashes MPR to 23%, lowest level in 31 months ….Recalibrates standing facilities corridor to +50/-300 basis points around read more Cardoso says monetary policy reset to improve transmission, not ease stance

BY  OUR  REPORTERS—Following a new seven-day flood alert advisory (NFA-2026-2022) issued over the weekend by the Nigerian Hydrological Services Agency (NIHSA), which affects Lagos and 14 other states, the Lagos State Government has directed the immediate evacuation of residents living in low-lying and flood-prone communities to prevent loss of lives and damage to property. In […] The post Lagos Orders Residents In Flood-Prone Areas To Relocate To Higher Ground, Issues New Alert appeared first on Business Today NG.

The Guild of Corporate Online Publishers (GOCOP) has announced four panellists for its 10th annual conference, scheduled to hold on Thursday, October 8, 2026, in Lagos. The panellists are Dr Abayomi Shogunle, Commissioner of Police, Election Planning, Monitoring and Evaluation, Force Headquarters, Abuja; Prof Tayo Popoola, Head of the Department of Mass Communication, University of […] The post Shogunle, Popoola, Sydney-Jack, Arogundade to Headline GOCOP’s October Conference appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—-Agusto & Co. has upgraded the long-term credit rating of Mutual Benefits Assurance Plc from ‘Bbb+’ to ‘A-’, with a stable outlook in a major endorsement of the company’s strengthened financial position, robust capitalisation, improved underwriting performance and growing profitability. The reputable rating agency also assigned the company a short-term rating of ‘A1’, […] The post Mutual Benefits Assurance Bags ‘A-’ Rating as Agusto & Co. Hails Improved Profitability appeared first on Business Today NG.

Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on Monday, September 21, 2026 at the Federal High Court in Abuja presided over by Justice Obiora Egwuatu with a witness revealing how Jaja diverted state funds to a private company. Jaja is facing prosecution by the Economic and Financial Crimes Commission, EFCC ,  […] The post How Bauchi Accountant-General Transferred State Funds to PrivateCompany – Witness appeared first on Business Today NG.