BizWatchNigeria.Ng

Otti mourns Okonjo-Iweala’s mother, Kamene, at 96

Emmanuella Opara — Mon, 26 Oct 2026 10:47:00 +0000

By Emmanuella Opara | October 26th 2026 KEY POINTS MAIN STORY Abia State Governor Alex Otti has mourned the death of Kamene Okonjo, mother of the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, describing her passing as a personal loss to him and the people of Abia State. Kamene died at the […]

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Lagos strengthens Ebola surveillance assures residents no case reported

Grace Johnson — Mon, 26 Oct 2026 10:42:32 +0000

Key Points Main Story The Lagos State Government has assured residents that it is strengthening measures to prevent and respond to potential Ebola infections, following the confirmation of an imported case of the Bundibugyo strain of Ebola virus disease in Abuja. The Commissioner for Health, Professor Akin Abayomi, gave the assurance in a statement on […]

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How El Niño may affect Nigerians, other facts

Annette Ikponmwonba — Mon, 26 Oct 2026 10:42:01 +0000

By Annette Ikponmwonba | October 26, 2026 Key Points · NiMet says a strong El Niño event, which it calls a “super El Niño,” began developing in 2026 and is expected to dominate global climate patterns from August to October · Wetter-than-normal conditions are forecast in parts of the north, including Sokoto, Kebbi, Zamfara, Katsina, […]

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NAF logs 2,900 sorties, consumes 10 million litres of fuel in security operations

Emmanuella Opara — Mon, 26 Oct 2026 10:20:28 +0000

By Emmanuella Opara | October 26th 2026 KEY POINTS MAIN STORY The Nigerian Air Force (NAF) recorded more than 6,100 flying hours and over 2,900 sorties in support of Nigeria’s national security operations between November 2025 and September 2026, consuming nearly 10 million litres of aviation fuel. The figures were disclosed by the Director of […]

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FBI- six most wanted fraudsters captured, $17bn seized

Annette Ikponmwonba — Mon, 26 Oct 2026 10:20:07 +0000

By Annette Ikponmwonba | October 26, 2026 Key Points · FBI Director Kash Patel says six of the bureau’s most-wanted fraudsters have been captured across four continents · The six fugitives collectively spent more than 4,000 days on the run, and fraud cases tied to the list involved more than $2bn · Operation Blackout, the […]

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Fulani leaders demand ranches, 30% agricultural budget for livestock sector

Emmanuella Opara — Mon, 26 Oct 2026 10:02:55 +0000

By Emmanuella Opara | October 26th 2026 KEY POINTS MAIN STORY Fulani leaders under the Confederation of Pastoralists have called on President Bola Tinubu and the National Assembly to allocate at least 30 per cent of the agricultural budget to the Federal Ministry of Livestock Development and establish pilot ranches across Nigeria’s six geopolitical zones. […]

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Banking system liquidity rises to ₦6.94 trillion as rates diverge

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:52:48 +0000

By Boluwatife Oshadiya October 26, 2026 Key Points Main Story Nigeria’s banking system liquidity surplus rose to ₦6.94 trillion by Friday’s close, from ₦6.28 trillion a week earlier, even as interbank funding rates moved in different directions, according to Cowry Asset Management Limited. The increase followed substantial inflows from matured financial instruments. The supplied market […]

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Nigeria’s DMO offers ₦800 billion in treasury bills Wednesday

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:52:44 +0000

By Boluwatife Oshadiya October 26, 2026 Key Points Main Story Nigeria’s money market is preparing for an ₦800 billion Treasury bills auction scheduled for Wednesday, with investors assessing short-term government securities against abundant banking-system liquidity and expectations of lower yields. The supplied market report puts system liquidity at approximately ₦7 trillion at Friday’s close. It […]

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2027, Only Nigerians, not algorithms will decide election results — INEC

Annette Ikponmwonba — Mon, 26 Oct 2026 09:48:57 +0000

By Annette Ikponmwonba | October 26, 2026 Key Points · INEC has assured Nigerians that artificial intelligence will not determine the outcome of the 2027 general election · INEC Chairman Prof. Joash Amupitan made the statement at the AI and Democracy Forum 2026 in Abuja · He said AI-driven geospatial analysis and predictive modelling can […]

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Bauchi pays ₦5.2bn in gratuities to retirees, begins 2015 payments Monday

Kehinde Victor — Mon, 26 Oct 2026 09:26:16 +0000

KEY POINTS MAIN STORY The Bauchi State Government has disbursed ₦5.2 billion in gratuities to workers who retired from state and local government service between 2012 and 2014, with payments to those who retired in 2015 scheduled to begin on Monday. Ibrahim Inuwa, Executive Secretary of the Bauchi State Contributory Pension Commission, disclosed this on […]

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Nigeria’s Ebola patient flown to Switzerland after showing signs of improvement

Grace Johnson — Mon, 26 Oct 2026 09:23:10 +0000

Key Points Main Story Nigeria has evacuated its confirmed Ebola patient to Switzerland for further medical care, as health authorities continue efforts to prevent the virus from spreading. The Minister of Health and Social Welfare, Professor Muhammad Ali Pate, confirmed that the 42-year-old woman departed Abuja on Monday, October 26, 2026, alongside her husband, who […]

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Bitcoin falls below $80,000 as investors turn cautious ahead of Fed meeting

Kehinde Victor — Mon, 26 Oct 2026 09:22:29 +0000

KEY POINTS MAIN STORY Bitcoin fell below $80,000 on Monday as investors grew cautious ahead of a US Federal Reserve meeting and questioned whether heavy spending on artificial intelligence could deliver the returns expected by technology companies. The largest cryptocurrency dropped as much as 1.4 per cent to below $79,300 before recovering some losses to […]

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Eko Power cancels ₦112,606 charge against solar customer, rules out disconnection

Kehinde Victor — Mon, 26 Oct 2026 09:14:39 +0000

KEY POINTS MAIN STORY Eko Power Ltd. has cancelled a ₦112,606 charge issued to a customer who installed a solar power system at his property, saying customers will not be penalised or disconnected for reducing their reliance on electricity supplied through the national grid. Abiola Aloba, General Manager of the company’s Corporate Communication Unit, disclosed […]

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Banks, interswitch push phone taps to cut payment friction

Annette Ikponmwonba — Mon, 26 Oct 2026 09:14:06 +0000

By Annette Ikponmwonba | October 26, 2026 Key Points · Interswitch and its banking partners are pushing tokenised card payments as a faster and more secure alternative to bank transfers and physical cards · The plans were outlined at an Interswitch tokenisation documentary press briefing in Lagos at the weekend · Customers would pay by […]

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Dangote cement reaches ₦18 trillion valuation before london listing

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:03:24 +0000

By Boluwatife Oshadiya | October 26, 2026 Key Points Main Story Dangote Cement Plc’s reported market value approached ₦18 trillion ahead of its planned November listing on the London Stock Exchange (LSE), as investors bought the company’s shares late in the week. The shares closed at ₦1,111 on Friday, according to the supplied market report, […]

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Top 7 Nigeria’s most expensive weddings that defined an era of excess

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:02:37 +0000

By Boluwatife Oshadiya | October 26, 2026 Key Points Main Story Nigeria’s wedding industry has never looked quite like this. Between 2021 and 2026, a succession of high-profile ceremonies — staged across private jets, international capitals, and billion-naira venues — has redrawn what it means to celebrate in the country’s elite circles. At the very […]

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Nigerian stock market loses ₦206 billion in weekly decline

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:02:34 +0000

By Boluwatife Oshadiya | October 26, 2026 Key Points Main Story The Nigerian Exchange (NGX) lost about ₦206 billion in market value during the week as the All-Share Index fell 0.97% to 247,222.27 points, reducing market capitalisation to ₦160.52 trillion. The decline moderated the market’s year-to-date return to 58.87%, according to the figures provided in […]

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Interswitch TechConnect 6.0 Advances Conversations on Scalable Digital Infrastructure in Ibadan

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:02:29 +0000

By Boluwatife Oshadiya | October 26, 2026 Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has convened government, financial services, technology and business stakeholders in Ibadan for the latest edition of TechConnect 6.0, its flagship industry engagement series. Building on the conversations initiated in Imo State and Abuja, the Ibadan edition focused […]

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Quickteller Insomniaq 2.0 Set to Spotlight African Music and Culture, Building on a Historic Debut

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:02:27 +0000

By Boluwatife Oshadiya | October 26, 2026 Quickteller, Africa’s leading digital payments platform powered by Interswitch Group, has officially announced the return of its landmark 6-hour overnight music marathon, Quickteller InsomniaQ 2.0. Scheduled to take place on Saturday, November 28th 2026, at the Landmark Event Centre, VI, the dynamic music and culture experience is designed […]

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Naira falls to ₦1,361 as pre-election dollar demand builds

Boluwatife Oshadiya — Mon, 26 Oct 2026 09:02:24 +0000

By Boluwatife Oshadiya | October 26, 2026 Key Points Main Story The naira weakened to ₦1,361.8394 per US dollar at the Nigerian Foreign Exchange Market (NFEM), as market participants anticipated increased demand for foreign currency ahead of the 2027 general election and year-end payments. Central Bank of Nigeria (CBN) data put the opening rate for […]

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