Naija News Feed
Business
Wanted Drug Kingpin ‘Kanmo-Kanmo’ Arrested 12 years after Murder of 3 NDLEA Officers
Operatives of the National Drug Law Enforcement Agency have successfully apprehended a long-wanted drug kingpin, Lekan Jimoh, popularly known as “Kanmo-kanmo”, ending a 12-year manhunt following his involvement in the brutal killing of three NDLEA officers. ​Kanmo-Kanmo, who is notorious for drug trafficking, evading arrest and mobilizing armed thugs against security agents was on Friday […] The post Wanted Drug Kingpin ‘Kanmo-Kanmo’ Arrested 12 years after Murder of 3 NDLEA Officers appeared first on Business Today NG.
Business Today -
President Tinubu congratulates Super Eagles on AFCON Bronze Medal
President Bola Tinubu congratulates the Nigerian national team, Super Eagles, for Saturday’s bronze medal victory at the 2025 African Cup of Nations. The President commends the Super Eagles for putting behind them the disappointment of the semi-final loss to host nation Morocco last Wednesday. The Super Eagles overpowered Egypt, defeating the seven-time AFCON winner, in […] The post President Tinubu congratulates Super Eagles on AFCON Bronze Medal appeared first on Business Today NG.
Business Today -
Tinubu Returns To Nigeria After Abu Dhabi Sustainability Summit
President Bola Ahmed Tinubu returns to Nigeria today after he and some of his ministers participated in the 2026 Abu Dhabi Sustainability Week (ADSW2026). On the sidelines of the summit, Nigeria signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE). The agreement aims to deepen economic cooperation, boost bilateral trade and […] The post Tinubu Returns To Nigeria After Abu Dhabi Sustainability Summit appeared first on Business Today NG.
Business Today -
SEC Raises Capital Base for Operators, Sets June 30, 2027 Deadline
BY NKECHI NAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has announced minimum capital requirements for all categories of regulated capital market operators The commission disclosed this yesterday in a circular posted via its official website that the review is informed by the need to strengthen market resilience, enhance investor protection, align capital adequacy with the evolving […] The post SEC Raises Capital Base for Operators, Sets June 30, 2027 Deadline appeared first on Business Today NG.
Business Today -
Ownership Shift at Mutual Benefits Assurance as Ogunbiyi Reduces Stake
BY NKECHI NAECHE-ESEZOBOR—Chairman Mutual Benefits Assurance Plc,  Dr. Akinade Akanmu Ogunbiyi,has reduced its stake in the company following the sale of 850,000 ordinary shares. The company disclosed this in an insider dealing notification to Nigerian Exchange Group and investing public on Friday. The transaction, according to the company’s notice was executed in line with regulatory […] The post Ownership Shift at Mutual Benefits Assurance as Ogunbiyi Reduces Stake appeared first on Business Today NG.
Business Today -
Lassa Fever Killed 215 Nigerians in 2025 — NCDC
The Nigeria Nigerian Centre for Disease Control and  Prevention(NCDC), says Lassa fever  claimed 215 lives across the country in 2025, with the case fatality rate (CFR) rising to 18.7 per cent, compared with 16.3 per cent recorded in the same period in 2024. The agency disclosed this in its Lassa Fever Situation Report for Epidemiological […] The post Lassa Fever Killed 215 Nigerians in 2025 — NCDC appeared first on Business Today NG.
Business Today -
Nigeria’s CPI Shows Moderation as Inflation Falls to 15.15%
BY GABRIEL MICHEAL—Nigeria’s headline inflation eased to 15.15 per cent in December 2025, signaling slowing price pressures and early signs of economic stabilisation, the National Bureau of Statistics (NBS) reported on Thursday. The CPI rose to 131.2 in December from 130.5 in November, while month-on-month inflation slowed to 0.54 per cent from 1.22 per cent. […] The post Nigeria’s CPI Shows Moderation as Inflation Falls to 15.15% appeared first on Business Today NG.
Business Today -
Nigeria Exits EU AML/CFT High-Risk Countries List
BY NKECHI NAECHE-ESEZOBOR—Nigeria has been removed from the European Union’s list of high-risk third countries for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), according to minister of State for Finance, Dr Doris Uzoka-Anite. In a post on X on Thursday, she wrote, “Big win for Nigeria! Removed from EU’s financial ‘high-risk’ list!Congrats to […] The post Nigeria Exits EU AML/CFT High-Risk Countries List appeared first on Business Today NG.
Business Today -
NIS Updates Passport Tracking Amid Complaints Over Delays
BY NKECHI NAECHE-ESEZOBOR—The Nigeria Immigration Service (NIS) announced on Thursday said it has upgraded its passport tracking system to improve efficiency and enhance service delivery to applicants. The service made the announcement via its official X account today followed rising public clamour over delays in passport issuance and collection. According to the Service, it observed […] The post NIS Updates Passport Tracking Amid Complaints Over Delays appeared first on Business Today NG.
Business Today -
How 1 Child’s Death Has Put Nigeria On Trial
By Ebuka Ukoh Nigeria has opened a probe into the death of Chimamanda Ngozi Adichie’s infant son, who was three months shy of two years. The Lagos State Government, in whose jurisdiction the death occurred on January 6, 2026, states that it is investigating the incident at Euracare Hospital. The Lagos governor has offered condolences, […] The post How 1 Child’s Death Has Put Nigeria On Trial appeared first on Business Today NG.
Business Today -
Alaafin of Oyo Counters Gov Makinde Over Chairmanship of Oyo State Council of Obas
The Alaafin of Oyo, Oba Engineer Abimbola Akeem Owoade I, on Thursday has bf claims by Governor Seyi Makinde that he consulted with the three traditional rulers of the state—including the Alaafin, the Olubadan of Ibadan, and the Soun of Ogbomoso—on the rotational chairmanship of the Oyo State Council of Obas and Chiefs. According to […] The post Alaafin of Oyo Counters Gov Makinde Over Chairmanship of Oyo State Council of Obas appeared first on Business Today NG.
Business Today -
Troops Neutralise Criminals, Rescue Kidnapped Victim in Kaduna
BY SUNDAY SAMUEL —Troops of Joint Task Force Operation ENDURING PEACE (JTF OPEP) on Operation PEACE SHIELD have consistently achieved positive operational results against criminal elements in the Joint Operations Area (JOA). These successes include neutralizing criminals, rescuing kidnapped victims and recovering arms and ammunition. These achievements were recorded in a series of operations conducted […] The post Troops Neutralise Criminals, Rescue Kidnapped Victim in Kaduna appeared first on Business Today NG.
Business Today -
 
 
Budget Office Clarifies NEDC Allocation, Dismisses ₦246bn Salary Claims
Budget Office Corrects False Narrative on NEDC Allocation The Budget Office of the Federation has dismissed claims that the North East Development Commission (NEDC) operates a ₦246 billion salaries budget, describing the assertion as misleading and based on a misinterpretation of the Federal Government’s budgeting framework under the Medium-Term Expenditure Framework (MTEF). According to to […] The post Budget Office Clarifies NEDC Allocation, Dismisses ₦246bn Salary Claims appeared first on Business Today NG.
Business Today -
EFCC Tenders More Bank Records in Yahaya Bello’s ₦10.4bn Trial
The trial of former Kogi State Governor, Yahaya Adoza Bello before Justice Maryanne Anineh of the Federal Capital Territory, FCT,  High Court, Maitama, Abuja continued on Thursday, January 15, 2026 with the Economic and Financial Crimes Commission, EFCC tendering more bank records as evidence. The EFCC is prosecuting Bello, alongside Umar Shuaibu Oricha and Abdulsalami […] The post EFCC Tenders More Bank Records in Yahaya Bello’s ₦10.4bn Trial appeared first on Business Today NG.
Business Today -
EFCC Tenders More Bank Records in Yahaya Bello’s ₦10.4bn Trial
The Economic and Financial Crimes Commission (EFCC) on Thursday, January 15, 2026, tendered additional bank records before the Federal Capital Territory High Court, Maitama, Abuja, as the trial of former Kogi State Governor, Yahaya Adoza Bello, over an alleged ₦10.4 billion money laundering and criminal breach of trust continued before Justice Maryanne Anineh. The EFCC […] The post EFCC Tenders More Bank Records in Yahaya Bello’s ₦10.4bn Trial appeared first on Business Today NG.
Business Today -
Court Orders Interim Forfeiture of $150,000 Linked to Vetifly Global Boss
BY SUNDAY SAMUEL—The Economic and Financial Crimes Commission (EFCC) has secured an interim forfeiture order from the Federal High Court sitting in Ikoyi, Lagos, for the sum of $150,000 allegedly linked to Emmanuel Okoh, a director of Vetifly Global Inc., over an ongoing investigation into an alleged investment fraud involving $1.5 million. Justice Yellim Bogoro, […] The post Court Orders Interim Forfeiture of $150,000 Linked to Vetifly Global Boss appeared first on Business Today NG.
Business Today -
LG Lights Up Lagos with Festival of Colours Celebrating Innovation and Lifestyle
LG Electronics Nigeria transformed Ikeja City Mall into a vibrant hub of technology and lifestyle celebration on December 6 and 7 with the LG Festival of Colours. This dynamic two-day event brought together families, tech enthusiasts, and lifestyle lovers for an immersive experience where innovation met fun. The festival turned the mall into a colourful […] The post LG Lights Up Lagos with Festival of Colours Celebrating Innovation and Lifestyle appeared first on Business Today NG.
Business Today -
FG, ASUU to Unveil Landmark Agreement
The Federal Government of Nigeria (FG) and the Academic Staff Union of Universities (ASUU) are set to formalise a landmark signed agreement aimed at strengthening industrial harmony, improving teaching and learning conditions, and advancing sustainable development within the Nigerian university system. The Official Unveiling Ceremony for the Signed Agreement is scheduled to hold on Wednesday, […] The post FG, ASUU to Unveil Landmark Agreement appeared first on Business Today NG.
Business Today -
US Freezes Immigrant Visa Processing for 75 Nations
The United States on Wednesday announced that it is suspending the processing of immigrant visas from 75 countries, President Donald Trump’s latest move restricting entry for foreigners seeking to live in America. A State Department spokesperson said, “The State Department is pausing immigrant visa processing for 75 countries.” The State Department said the move is […] The post US Freezes Immigrant Visa Processing for 75 Nations appeared first on Business Today NG.
Business Today -
Sanwo-Olu Calls for Stronger PPPs to Boost SMEs, Revitalise Lagos CBDs
Gov. Babajide Sanwo-Olu has emphasised the need for stronger public-private partnerships, streamlined regulations and modern solutions to empower Small and Medium Enterprises  (SMEs) and attract global investors and  drive the growth of Central Business Districts (CBDs) in Lagos. Sanwo-Olu made the call at a CBD Stakeholders Summit with the theme: “Rebranding and Revitalising Lagos CBDs: […] The post Sanwo-Olu Calls for Stronger PPPs to Boost SMEs, Revitalise Lagos CBDs appeared first on Business Today NG.
Business Today -
Dangote Refinery to Expand Capacity to 1.4m bpd Within Three Years
Dangote Petroleum Refinery has launched an expansion programme to more than double capacity from 650,000 barrels per day to 1.4 million within three years. The Managing Director and Chief Executive Officer, Mr David Bird, disclosed this on Wednesday during an interactive media session in Lagos. Bird said the expansion would use a “roofless replication” model, […] The post Dangote Refinery to Expand Capacity to 1.4m bpd Within Three Years appeared first on Business Today NG.
Business Today -
SEC, Police to Collaborate in Fight Against Illegal Schemes
The Securities and Exchange Commission (SEC) and the Nigeria Police Force (NPF) have pledged to strengthen their collaboration in combating illegal investment schemes, cryptocurrency fraud, and other financial crimes. The commitment was made during a between the Director General of the SEC, Dr. Emomotimi Agama and the  Inspector General of Police Kayode Egbetokun in Abuja […] The post SEC, Police to Collaborate in Fight Against Illegal Schemes appeared first on Business Today NG.
Business Today -
Meet Nike Nihinlola, Acting Managing Director of STACO Insurance Plc
BY NKECHI NAECHE-ESEZOBOR—Staco Insurance Plc has appointed Nike Nihinlola  as its acting Managing Director, following the demise of Dr Olawale Banmore, former Managing Director. According to statement released  by the company, her appointment has received approval of the board of directors and awaits regulatory body – National Insurance Commission (NAICOM) confirmation.  Nike is an accomplished insurance […] The post Meet Nike Nihinlola, Acting Managing Director of STACO Insurance Plc appeared first on Business Today NG.
Business Today -
Nigeria, EU Target Agriculture, Digital Economy in Expanded Partnership
Nigeria and the European Union have agreed to expand their strategic partnership, with a renewed focus on agriculture, the digital economy, and green innovation as key drivers of sustainable growth. The decision was reached during a high-level engagement between senior officials from both sides, as part of preparations for a major ministerial meeting scheduled to […] The post Nigeria, EU Target Agriculture, Digital Economy in Expanded Partnership appeared first on Business Today NG.
Business Today -
 
 
AFCON 2025: Nigeria Is Proud of You,’ Information Minister Tells Super Eagles
Ahead of AFCON semifinals  match between Nigeria Super Eagles and  Morocco, the Minister of Information and National Orientation has commended the Super Eagles for their inspiring performance, assuring the team of the unwavering support of Nigerians. He described their display of resilience, discipline, and national pride as a source of inspiration to the country, adding […] The post AFCON 2025: Nigeria Is Proud of You,’ Information Minister Tells Super Eagles appeared first on Business Today NG.
Business Today -
How Universal Insurance’s Shop Insure Cover Is Protecting Traders
BY NKECHI NAECHE-ESEZOBOR—Obinna, a petty trader at Balogun Market in Lagos, had just returned home after a long day at market. Later that evening, at about 9:00 p.m., he received a phone call that would change his life. He was told that his shop—along with several others in the market—was on fire. At first, Obinna […] The post How Universal Insurance’s Shop Insure Cover Is Protecting Traders appeared first on Business Today NG.
Business Today -
Nigeria: NCC to Launch Independent Study on Telecom Competition
The Nigerian Communications Commission (NCC) is finalizing plans to launch an independent and comprehensive assessment of competition in the country’s telecommunications sector, barring any last-minute changes. According to a statement by the Commission’s Head of Public Affairs, Nnenna Ukoha, the study is being conducted in line with Section 92 of the Nigerian Communications Act (NCA) […] The post Nigeria: NCC to Launch Independent Study on Telecom Competition appeared first on Business Today NG.
Business Today -
The Kneel on EFCC’s Neck, By Reuben Abati
The knee on his neck” reminds us of the case of the American citizen, George Floyd, who was murdered in Minneapolis, Minnesota on May 25, 2020, by a policeman, Derek Chauvin, a white police officer who pressed his knee on Floyd’s neck for 9 minutes, 29 seconds. Floyd’s last words were: “I can’t breathe.” He […] The post The Kneel on EFCC’s Neck, By Reuben Abati appeared first on Business Today NG.
Business Today -
MultiChoice Nigeria Appoints Kemi Omotosho as New CEO
MultiChoice Nigeria on Tuesday announced the appointment of Kemi Omotosho as its new chief executive officer (CEO). This the company said it takes effect  from January 2026, According to statement released by the company today, that  Ugbe is stepping down after a long tenure during which he led the business through major industry and market […] The post MultiChoice Nigeria Appoints Kemi Omotosho as New CEO appeared first on Business Today NG.
Business Today -
U.S. Boosts Nigerian Security Forces with Military Supplies
The United States has supplied Nigerian security forces with military resources to enhance security efforts nationwide. This was posted by United States Africa Command (AFRICOM) via its official X on Tuesday “U.S. forces delivered critical military supplies to our Nigerian partners in Abuja. This delivery supports Nigeria’s ongoing operations and emphasizes our shared security partnership.” […] The post U.S. Boosts Nigerian Security Forces with Military Supplies appeared first on Business Today NG.
Business Today -
Nigerian Navy Seeks Stronger Collaboration with NIMASA on Hydrography
The Nigerian Navy has called for increased collaboration with the Nigerian Maritime Administration and Safety Agency, NIMASA in the area of hydrography to sustain improved safety of navigation in Nigerian waters. The Flag Officer Commanding, Western Naval Command (FOC-WNC), Rear Admiral Abdullahi Mustapha, made this call during a familiarization visit to NIMASA Headquarters, where he […] The post Nigerian Navy Seeks Stronger Collaboration with NIMASA on Hydrography appeared first on Business Today NG.
Business Today -
Trump Threatens Nations Doing Business with Iran with 25% Tariff on U.S. Trade
President Donald Trump said any country doing business with Iran would face a tariff rate of 25 per cent on any trade with the U.S.. Trump’s threat is coming as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years. “Effective immediately, any Country doing business with […] The post Trump Threatens Nations Doing Business with Iran with 25% Tariff on U.S. Trade appeared first on Business Today NG.
Business Today -
Alleged $9.7m Terrorism Financing: Judge Returns Bauchi Commissioner’s Case File for Reassignment
Justice Emeka Nwite of the Federal High Court Abuja, On Tuesday, 13 January, 2026, gave an order returning the case file of the Bauchi Commissioner for Finance, Yakubu Adamu to the Chief Judge of the Federal High Court,  Justice John Tsoho,  for reassignment to a substantive judge to handle the matter. While giving the order […] The post Alleged $9.7m Terrorism Financing: Judge Returns Bauchi Commissioner’s Case File for Reassignment appeared first on Business Today NG.
Business Today -
Nigeria-UAE CEPA: What it Means for Nigeria
Today marks a historic milestone in Nigeria’s trade relations. The Federal Republic of Nigeria and the United Arab Emirates signed a Comprehensive Economic Partnership Agreement CEPA that will transform economic ties between our two nations and deliver tangible benefits for Nigerian businesses, professionals, and workers. This Agreement is the product of focused and determined negotiations […] The post Nigeria-UAE CEPA: What it Means for Nigeria appeared first on Business Today NG.
Business Today -
Nigeria, UAE Deepen Economic Ties with Investopia, CEPA Agreement
BY JAMES MADU—Nigeria and the United Arab Emirates have moved to deepen economic ties with the announcement of Investopia Lagos and the signing of a Comprehensive Economic Partnership Agreement (CEPA), initiatives aimed at accelerating investment, expanding trade, and strengthening cooperation across key sectors, including renewable energy, infrastructure, logistics, and digital trade. President Bola Tinubu made […] The post Nigeria, UAE Deepen Economic Ties with Investopia, CEPA Agreement appeared first on Business Today NG.
Business Today -
EFCC Hands over Recovered N802.4m to First Bank
The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has handed over the sum of N802,420,000( Eight Hundred and Two Million,  Four Hundred and Twenty Thousand Naira only)  to First Bank Nigeria Plc. The money was recovered from a suspect, Ojo Eghosa Kingsley who took unlawful possession of over N1.3 billion belonging […] The post EFCC Hands over Recovered N802.4m to First Bank appeared first on Business Today NG.
Business Today -