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WORLD IN BRIEF: SpaceX Targets $75bn IPO at $135 a Share, Israel-Lebanon Ceasefire Holds and other stories
SpaceX targets $75bn IPO at $135 per share Elon Musk’s SpaceX plans to price its initial public offering at $135 read more WORLD IN BRIEF: SpaceX Targets $75bn IPO at $135 a Share, Israel-Lebanon Ceasefire Holds and other stories
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Leadway Begins Fourth Edition of Pages to Places Literacy Outreach Across Six States
BY NKECHI NAECHE-ESEZOBOR—-Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has announced the commencement of the fourth edition of its flagship “Pages to Places” school outreach initiative. Scheduled to begin on June 3, 2026, the intervention will be rolled out across public primary schools in six key locations: Lagos, Warri, Ekiti, Port Harcourt, Kaduna, and […] The post Leadway Begins Fourth Edition of Pages to Places Literacy Outreach Across Six States appeared first on Business Today NG.
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NAICOM Appoints Ernst & Young as Consulting Actuary for Risk-Based Capital Framework
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has appointed global professional services firm Ernst & Young (EY) as the consulting actuary for the finalization and implementation of Nigeria’s Risk-Based Capital (RBC) framework. The appointment was formalized during a working meeting between NAICOM and EY in Abuja, marking a key milestone in the commission’s ongoing RBC […] The post NAICOM Appoints Ernst & Young as Consulting Actuary for Risk-Based Capital Framework appeared first on Business Today NG.
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1.36 مليار دينار استثمارات أجنبية مباشرة إلى الكويت خلال 5 سنوات
الكويت- بزنس ريبورت الإخباري|| واصلت الكويت تعزيز موقعها على خريطة الاستثمار الإقليمي، بعدما استقطبت تدفقات استثمار أجنبي مباشر بلغت نحو 1.36 مليار دينار خلال الفترة الممتدة من 2021 إلى 2025، مدعومة بحزمة من الإصلاحات التشريعية والتنظيمية والمبادرات الحكومية الهادفة إلى تحسين بيئة الأعمال وجذب رؤوس الأموال الأجنبية. وتعكس هذه التدفقات استمرار ثقة المستثمرين الدوليين في […] The post 1.36 مليار دينار استثمارات أجنبية مباشرة إلى الكويت خلال 5 سنوات appeared first on Business News Report.
BNreport.com -
الاقتصاد غير النفطي السعودي يستعيد زخمه في مايو
الرياض- بزنس ريبورت الإخباري|| واصل القطاع الخاص غير النفطي في السعودية إظهار مرونته خلال مايو، مسجلا أقوى وتيرة نمو منذ ثلاثة أشهر، مدعوما بتحسن مستويات الإنتاج وزيادة الطلب المحلي، في مؤشر على قدرة الاقتصاد على الحفاظ على زخمه رغم التحديات الإقليمية واضطرابات التجارة وسلاسل الإمداد. وأظهرت بيانات مؤشر مديري المشتريات الصادر عن بنك الرياض ارتفاع […] The post الاقتصاد غير النفطي السعودي يستعيد زخمه في مايو appeared first on Business News Report.
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Baywood Boss Backs NAICOM’s Digital Innovation
BY NKECHI NAECHE-ESEZOBOR—The Founder and Executive Chairman of Baywood Holdings Limited, Emperor Chris Baywood Ibe, has praised the National Insurance Commission (NAICOM) for encouraging innovation and digital growth within the country’s financial services sector. Speaking in Lagos, the Baywood  founder, noted that the regulator’s forward-thinking approach recognizes digital ecosystems as the primary pathway to deepening […] The post Baywood Boss Backs NAICOM’s Digital Innovation appeared first on Business Today NG.
Business Today -
دو الإماراتية تطلق صندوقا استثماريا بقيمة 50 مليون دولار
أبوظبي- بزنس ريبورت الإخباري|| أعلنت شركة “دو الإماراتية”، المزود الرائد لخدمات الاتصالات والحلول الرقمية في دولة الإمارات، إطلاق صندوقها الاستثماري المؤسسي الجديد “du Ventures” بقيمة 50 مليون دولار. ويأتي ذلك بالشراكة مع شركة “شروق” الاستثمارية المتخصصة في قطاع التكنولوجيا، في خطوة تستهدف دعم الشركات الناشئة وتسريع وتيرة الابتكار الرقمي في الإمارات والمنطقة. ويعكس إطلاق الصندوق […] The post دو الإماراتية تطلق صندوقا استثماريا بقيمة 50 مليون دولار appeared first on Business News Report.
BNreport.com -
AXA Mansard Director Omowunmi Adewusi Wins HR Expo Africa Lifetime Achievement Award
BY NKECHI NAECHE-ESEZOBOR—The General Counsel and Human Resources Director of AXA Mansard Insurance Plc, Omowunmi Mabel Adewusi, has been honoured with the Lifetime Achievement Award at the HR Expo Africa in recognition of her outstanding contributions to the human resources profession and her enduring impact on organisational development and people management. According to HR Expo […] The post AXA Mansard Director Omowunmi Adewusi Wins HR Expo Africa Lifetime Achievement Award appeared first on Business Today NG.
Business Today -
SanlamAllianz Nigeria Celebrates Education Policyholders at Rivers State Event
BY NKECHI NAECHE-ESEZOBOR—SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and SanlamAllianz General Insurance, successfully hosted the 3rd Edition of its annual Children’s Day Funfair at Garden City Amusement Park, Port Harcourt, Rivers State. The vibrant event brought together children and families for a memorable day of fun, learning, and celebration, specifically honoring clients who hold the […] The post SanlamAllianz Nigeria Celebrates Education Policyholders at Rivers State Event appeared first on Business Today NG.
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Lagos Communities Get Child Protection Boost via AXA Mansard, DSVA Alliance
BY NKECHI NAECHE-ESEZOBOR—Six communities across Lagos State are set to benefit from an intensive child protection and abuse prevention campaign following a strategic alliance between AXA Mansard Insurance Plc and the Lagos State Domestic and Sexual Violence Agency (DSVA). The joint initiative aims to deep-cleanse grassroots communities of ignorance surrounding child abuse by launching door-to-door […] The post Lagos Communities Get Child Protection Boost via AXA Mansard, DSVA Alliance appeared first on Business Today NG.
Business Today -
How CBI Partnering InsurTech Plans to Put Insurance Policies Right on Your Smartphone
BY NKECHI NAECHE-ESEZOBOR—Buying and managing insurance policies in Nigeria is about to get as simple as sending a text message, thanks to a new digital initiative aimed at putting complete insurance coverage directly onto smartphones. CBI Partnering Insurtech Limited, a newly licensed web aggregator and subsidiary of Baywood Holdings Limited, has unveiled an app-driven, web-based […] The post How CBI Partnering InsurTech Plans to Put Insurance Policies Right on Your Smartphone appeared first on Business Today NG.
Business Today -
NCC Says New Data Tools Will Hold Network Operators Accountable
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), recently shared how the country is helping to shape global telecom rules at a major international meeting in Ankara, Türkiye. During the global event, the commission showed off its new reforms aimed at improving transparency, accountability, and the governance of the digital market. This annual […] The post NCC Says New Data Tools Will Hold Network Operators Accountable appeared first on Business Today NG.
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Nigeria Launches New Committee to Accelerate IPv6 Adoption,Reappoints Rudman to Lead Push
BY NKECHI NAECHE -ESEZOBOR—The Nigerian Communications Commission (NCC) has officially inaugurated a new committee dedicated to fast-tracking the countrywide migration to Internet Protocol version 6 (IPv6). The establishment of this specialized board, which took place during an industry event in Ikeja, Lagos, marks a decisive regulatory effort to modernize the nation’s digital infrastructure and secure […] The post Nigeria Launches New Committee to Accelerate IPv6 Adoption,Reappoints Rudman to Lead Push appeared first on Business Today NG.
Business Today -
NAICOM Boss Leads Insurance Team to Abia for Strategic Alliance
NKECHI NAECHE-ESEZOBOR—The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission, NAICOM, Olusegun Ayo Omosehin, yesterday led a high-level delegation of insurance industry leaders to Abia State as part of efforts to strengthen collaboration between the insurance sector and the state government. The delegation paid a courtesy visit to Governor Alex Otti […] The post NAICOM Boss Leads Insurance Team to Abia for Strategic Alliance appeared first on Business Today NG.
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Kwara Police Hunt Suspects Over Deadly Mob Violence in Ilesha Baruba
BY SUNDAY SAMUEL—The Kwara State Police Command strongly condemns the gruesome acts of mob violence, arson, and extra-judicial killings that occurred in Ilesha Baruba, Baruten Local Government Area of the State, on 30th May, 2026. Investigations revealed that a violent altercation occurred between an unidentified Fulani man and an Islamic scholar, Alh Mohammed Ilyasu, during […] The post Kwara Police Hunt Suspects Over Deadly Mob Violence in Ilesha Baruba appeared first on Business Today NG.
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Tinubu Commends Nigerian Navy at 70th Anniversary Fleet Review
President Bola Ahmed Tinubu, on Monday, commended the Nigerian Navy for its seven decades of commitment and sacrifice in safeguarding Nigeria’s maritime domain and protecting the nation’s economic interests. He spoke at the 2026 International Fleet Review held at the Eko Atlantic Waterfront, Lagos, as part of events to commemorate the Navy’s 70th Anniversary.  President […] The post Tinubu Commends Nigerian Navy at 70th Anniversary Fleet Review appeared first on Business Today NG.
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Viral Ikorodu Arms Arrest Video Misleading, Lagos Police Clarify
BY SUNDAY SAMUEL—The Lagos State Police Command has debunked a viral video circulating on social media which purportedly shows the recent arrest of Fulani men allegedly found with arms and ammunition in Ikorodu, describing the footage as old and misleading. In a statement issued on Saturday, the Police Public Relations Officer, SP Abimbola Adebisi, said […] The post Viral Ikorodu Arms Arrest Video Misleading, Lagos Police Clarify appeared first on Business Today NG.
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Ogun Police Arrest Security Guard for Alleged Theft of Company Spare Parts
BY SUNDAY SAMUEL—Operatives of Owode-Egba Division of the Ogun State Police Command have arrested a 32-year-old security guard, Friday Ayuba, for allegedly stealing motor spare parts belonging to his employer at Ita-Asu Village, via Owode-Egba. The arrest followed a report received at the Division on 30th May 2026 at about 6:00pm from the manager of […] The post Ogun Police Arrest Security Guard for Alleged Theft of Company Spare Parts appeared first on Business Today NG.
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IGP Disu Approves Promotion of 17,952 Junior Police Officers Nationwide
The Inspector-General of Police, IGP Olatunji Rilwan Disu, has approved the promotion of 17,952 junior police officers across various ranks in the Nigeria Police Force as part of ongoing efforts to enhance personnel welfare, boost morale, and reward diligence, professionalism, and dedication to duty. The promotion exercise, which cuts across Commands and Formations nationwide, comprises […] The post IGP Disu Approves Promotion of 17,952 Junior Police Officers Nationwide appeared first on Business Today NG.
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NDLEA uncovers illicit drug consignments in water purifier machines from Europe
Operatives of the National Drug Law Enforcement Agency (NDLEA) have uncovered consignments of high potency illicit drugs concealed in water purifier machines shipped to Lagos from Netherlands. The illicit drug consignments, mainly: ketamine weighing 3kilograms and 199 grams of MDMA (Ecstasy) pills which were carefully hidden in the water purifier machines, were discovered and seized […] The post NDLEA uncovers illicit drug consignments in water purifier machines from Europe appeared first on Business Today NG.
Business Today -
IGP Approves Promotion of 17,952 Junior Police Officers Nationwide
BY SUNDAY SAMUEL—-The Inspector-General of Police, IGP Olatunji Rilwan Disu, has approved the promotion of 17,952 junior police officers across various ranks in the Nigeria Police Force as part of ongoing efforts to enhance personnel welfare, boost morale, and reward diligence, professionalism, and dedication to duty. The promotion exercise, which cuts across Commands and Formations […] The post IGP Approves Promotion of 17,952 Junior Police Officers Nationwide appeared first on Business Today NG.
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From Hurdles to Growth: Inside the NCC’s Push for a Connected Nigeria
BY NKECHI NAECHE-ESEZOBOR—When Dr. Aminu Maida took the helm at the Nigerian Communications Commission (NCC) in October 2023, he stepped into a challenging landscape marked by soaring operational costs and stubborn infrastructure gaps. Yet, over the past few years, the commission has successfully turned these hurdles into stepping stones, steering Nigeria’s telecommunications sector toward a […] The post From Hurdles to Growth: Inside the NCC’s Push for a Connected Nigeria appeared first on Business Today NG.
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Tinubu Defends Fuel Subsidy Removal, Cites Economic Recovery
President Bola Tinubu has said that the removal of fuel subsidy was a necessary decision that helped Nigeria avoid a major financial crisis and paved the way for economic recovery. He made the statement on Friday while hosting state governors who visited him to celebrate Eid-el-Kabir and the third anniversary of his administration. Tinubu acknowledged […] The post Tinubu Defends Fuel Subsidy Removal, Cites Economic Recovery appeared first on Business Today NG.
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ICJ Affirms Right to Strike as Global Landmark Victory, Sparks Debate Between Labor and NECA
BY NKECHI NAECHE-ESEZOBOR—The organized labor movement on Monday hailed a recent ruling by the International Court of Justice (ICJ) confirming that the right to strike is implicit in Convention 87 as a landmark victory for workers worldwide. However, the ruling has sparked a fresh domestic debate, with labor representatives strongly criticizing the Nigeria Employers’ Consultative […] The post ICJ Affirms Right to Strike as Global Landmark Victory, Sparks Debate Between Labor and NECA appeared first on Business Today NG.
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AIICO Deepens Fight Against Malaria Through Community Outreach
AIICO Insurance Plc has reiterated its dedication to enhancing healthcare standards and fostering lasting social progress through its involvement in a widespread malaria awareness campaign held in Ibadan, Oyo State, to mark World Malaria Day 2026. The intervention was designed to combat the continued spread of malaria by equipping residents with vital information, preventive support, […] The post AIICO Deepens Fight Against Malaria Through Community Outreach appeared first on Business Today NG.
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Viral Footage of Abused Children Not Related to Oyo Incident — Police
SUNDAY SAMUEL—The Nigeria Police Force has refuted claims linking a widely shared video showing mistreated children to the recent kidnapping of pupils and teachers in Oyo State, stating that the footage is deceptive and has no connection to the case. This clarification was made in a statement posted on the official X account of the […] The post Viral Footage of Abused Children Not Related to Oyo Incident — Police appeared first on Business Today NG.
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Police Seize Pump-Action Rifle During Stop-and-Search Operation
The Delta State Police Command has confirmed the arrest of two men suspected of involvement in armed robbery, following the seizure of a pump-action firearm, a live round of ammunition, and other suspicious items during a security check at the Second Niger Bridge. This was made known in a statement released on Friday, May 29, […] The post Police Seize Pump-Action Rifle During Stop-and-Search Operation appeared first on Business Today NG.
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PDP Rejects Alleged Plot to Disrupt Presidential Ratification Convention
The Peoples Democratic Party (PDP) has vowed not to yield to any form of pressure or interference regarding its forthcoming convention for confirming its presidential flagbearer, following a disagreement linked to the Minister of the Federal Capital Territory, Nyesom Wike. In a statement released on Friday, the opposition party claimed that officials of the A […] The post PDP Rejects Alleged Plot to Disrupt Presidential Ratification Convention appeared first on Business Today NG.
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Mutual Benefits Assurance Reports ₦80bn Revenue, Expands Assets to ₦176bn
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has released its audited financial results for the year ended December 31, 2025, reporting a 19.6 per cent growth in insurance revenue to ₦80.05 billion from ₦66.92 billion recorded in 2024. Profit before tax climbed to ₦17.41 billion, representing a 47.5 per cent increase from ₦11.80 billion in the […] The post Mutual Benefits Assurance Reports ₦80bn Revenue, Expands Assets to ₦176bn appeared first on Business Today NG.
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NEM Insurance Strengthens Policyholder Trust with N45.91bn Claims Payment
BY NKECHI NAECHE-ESEZOBOR—NEM Insurance Plc has further reinforced confidence among its policyholders following the payment of N45.91 billion in claims during the 2025 financial year. The figure, disclosed in the company’s audited results for the year ended December 31, 2025, highlights the insurer’s continued commitment to meeting obligations promptly and maintaining strong operational credibility within […] The post NEM Insurance Strengthens Policyholder Trust with N45.91bn Claims Payment appeared first on Business Today NG.
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Almond Insurance Awards Opens Nominations for 2026 #REEMERGENCE Edition
BY NKECHI NAECHE-ESEZOBOR—Almond Productions Limited, the organizers of the annual Almond Insurance Industry Awards, has opened nominations for the 2026 awards ceremony, themed #REEMERGENCE. The event is scheduled to take place on Friday, November 6, at The Stable Event Place, Bode Thomas, Surulere, Lagos. According to the organizers, the #REEMERGENCE theme highlights the commencement of […] The post Almond Insurance Awards Opens Nominations for 2026 #REEMERGENCE Edition appeared first on Business Today NG.
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Discovery Health Rebrands, Retains Leadway Partnership
BY NKECHI NAECHE -ESEZOBOR—Discovery Health has rebranded its employer health insurance arm, Vitality Health International (Africa), as Discovery Health – Global Health Solutions, marking a strategic expansion of its healthcare offerings across Africa. The company said the transition reflects the evolution of its integrated health insurance and wellness solutions while maintaining continuity for existing clients. […] The post Discovery Health Rebrands, Retains Leadway Partnership appeared first on Business Today NG.
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Alexx Ekubo to Be Buried June 18 in Abia
By  JUSTICE SANYA—The family of late Nollywood actor Alexx Ekubo has announced plans for his funeral as tributes continue to pour in from fans, colleagues and loved ones following his death. In a statement issued by Mazi Alex Oji Ekubo Okwaraeke on behalf of the family, the deceased was described as a loving, cheerful and […] The post Alexx Ekubo to Be Buried June 18 in Abia appeared first on Business Today NG.
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Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has launched a ₦5.02 billion Rights Issue aimed primarily at strengthening its capital base and positioning the company for future growth in line with evolving regulatory requirements in the Nigerian insurance industry. The company’s Managing Director and Chief Executive Officer, Dr. Lucas Durojaiye, said the capital raise is […] The post Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer appeared first on Business Today NG.
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NAICOM Licenses Nigeria’s First Insurtech Firm
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), on Monday granted an operational licence to CBI Partnering Insurtech Ltd, making it the first fully licensed insurtech company in Nigeria. The approval marks a major milestone in the ongoing digital transformation of Nigeria’s insurance industry and reflects NAICOM’s growing support for technology-driven insurance solutions aimed at improving […] The post NAICOM Licenses Nigeria’s First Insurtech Firm appeared first on Business Today NG.
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JAMB Announces Date for 2026 UTME Mop-Up Test
The Joint Admissions and Matriculation Board (JAMB) has fixed Saturday, June 13, 2026, for the conduct of the mop-up Unified Tertiary Matriculation Examination (UTME) for candidates who missed the main examination despite successfully completing biometric clearance. This was contained in a statement issued by JAMB’s Public Communication Advisor, Fabian Benjamin. The board explained that the […] The post JAMB Announces Date for 2026 UTME Mop-Up Test appeared first on Business Today NG.
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