Business Today NG https://businesstodayng.com/ The Hub of News Reporting Thu, 12 Feb 2026 19:51:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Film Classification Jumps Sharply as NFVCB Clears 102 Titles in January https://businesstodayng.com/film-classification-jumps-sharply-as-nfvcb-clears-102-titles-in-january/ Thu, 12 Feb 2026 19:47:50 +0000 https://businesstodayng.com/?p=61060 Nigeria’s film industry recorded a significant rise in regulatory activity in January, as the National Film and Video Censors Board (NFVCB) classified 102 films for distribution and exhibition — a 161.5 per cent increase from the 39 titles cleared in December 2025. In a statement issued in Lagos, the Board described the figure as a […]

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Nigeria’s film industry recorded a significant rise in regulatory activity in January, as the National Film and Video Censors Board (NFVCB) classified 102 films for distribution and exhibition — a 161.5 per cent increase from the 39 titles cleared in December 2025.

In a statement issued in Lagos, the Board described the figure as a sharp uptick in classification exercises, reflecting heightened production output and stricter compliance efforts across the industry. English-language films accounted for the majority of the approvals, alongside entries in indigenous languages and foreign productions.

The Boardin a statement by its Director, Corporate Affairs, Ogbonna Onwumere, on Thursday in Lagos said that the figure represented a sharp rise in film classification activities compared to the previous month.

He said that a breakdown by language showed that English-language productions accounted for the largest share, with 86 films.

According to him, other classifications include eight Igbo films, three Yoruba films, three Hausa films and two Hindi films.

He added that the distribution highlighted the dominance of English-language productions in the Nigerian film market, while also reflecting contributions from indigenous languages and foreign content.

”Analysis by the rating categories also revealed that three films were classified as G (General Viewing), four as PG (Parental Guidance), four as 12A, 64 as 15, and 27 as 18,’’ he said.

The NFVCB corporate affairs director further said that the outcome indicated a significant number of films falling within the 15 and 18 categories, underscoring its commitment to age-appropriate content.

He emphasised the need to safeguard young audiences from potentially harmful material.

He appreciated stakeholders across the film value chain, while reiterating the NFVCB resolve to ensure compliance with film classification, particularly for content distributed online.

”We shall commence the issuance of take down order on films not classified by the board. The implication of the demand notice is that all films not classified on the channel will also be taken down,” he said.

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Flooding on Coastal Highway Not Construction Failure, Says FG https://businesstodayng.com/61057-2/ Thu, 12 Feb 2026 19:40:29 +0000 https://businesstodayng.com/?p=61057 The Federal Government on Thursday dismissed claims that the recent flooding on a section of the Lagos-Calabar Coastal Highway was caused by construction defects, attributing the incident instead to vandalism and indiscriminate dumping of refuse. Addressing journalists in Lagos, the Federal Controller of Works in the state, Mr. Olufemi Dare, said the highway’s drainage infrastructure […]

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The Federal Government on Thursday dismissed claims that the recent flooding on a section of the Lagos-Calabar Coastal Highway was caused by construction defects, attributing the incident instead to vandalism and indiscriminate dumping of refuse.

Addressing journalists in Lagos, the Federal Controller of Works in the state, Mr. Olufemi Dare, said the highway’s drainage infrastructure was properly designed and remains structurally sound.

He explained that the flooding followed the removal of manhole covers by vandals and the blockage of underground drainage channels with waste, which prevented storm water from flowing freely after Tuesday’s rainfall.

lHe said that videos circulating on social media suggesting that the flooding was due to construction defects were misleading.

He noted that the highway was designed with an underground drainage system, including 1.2m diameter pipes capable of channelling storm water from one end of the road to the other.

According to him, the drainage system has reinforced concrete manhole covers strong enough to withstand vehicular and human traffic.

“What we have here is not a construction error. It is man-made. Vandals remove the concrete manhole covers, break them and take away the iron reinforcements to sell.

“After removing the covers, some people dump refuse inside the manholes, thereby blocking the drainage system.

“When rain falls, the water cannot pass through, and it results in  flooding,” he said.

Dare said the vandalism was widespread, noting that manhole covers had been removed from Eko Atlantic through the entire stretch of the road.

He added that about 50 steel sections of the see-through fence on the corridor were stolen overnight, while seven steel traffic signs were also recently removed.

He described the development as unfortunate, adding that the coastal highway was a major investment by the Federal Government and must be protected.

The controller said that officials of the Hitech Construction Company, the contractor, worked until about 10 p.m. on Tuesday to clear refuse from the blocked drainage to restore free flow of water.

On security, Dare said the Commissioner of Police in Lagos State had deployed a large number of personnel to the corridor.

He said that efforts were ongoing to clear shanties and illegal structures around the Rainoil and Marwa Junction axis, which were identified as areas where hoodlums operated.

According to him, security agencies, including a task force and the National Drug Law Enforcement Agency, will intensify operations in the area to address criminal activities.

He also reiterated that commercial motorcycling remained banned on the  highway, warning that vehicles driving against traffic risked arrest.

“If we do not take drastic steps, we will not move forward. Coastal highway is a super highway, and such violations will not be tolerated,” he said.

Dare noted that the road was still under construction and was temporarily opened in December by the Minister of Works, Sen. David Umahi, to ease traffic during the Yuletide season.

He noted that the drainage system was designed to channel water into designated canals approved by the Lagos State Government.

Meanwhile, the controller announced that the annual Access Bank Marathon would hold on the Coastal Highway on Saturday.

He said the road would be completely closed to traffic from midnight on Friday until 12:30 p.m. on Saturday.

“There will be total closure. All access points will be blocked. Motorists are advised to plan ahead,” he said.

Dare added that the minister of works would visit the project site on Friday to assess the situation and give further directives.

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Safer Campuses Ahead as NDLEA Moves to Curb Drug Abuse Among Youths https://businesstodayng.com/safer-campuses-ahead-as-ndlea-moves-to-curb-drug-abuse-among-youths/ Thu, 12 Feb 2026 19:25:00 +0000 https://businesstodayng.com/?p=61055 In a renewed effort to safeguard the future of young Nigerians, the National Drug Law Enforcement Agency (NDLEA) has introduced a digital Drug Integrity Test for tertiary institutions across the country. The initiative, designed as an early detection and support mechanism rather than a punitive measure, seeks to address growing concerns over drug abuse among […]

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In a renewed effort to safeguard the future of young Nigerians, the National Drug Law Enforcement Agency (NDLEA) has introduced a digital Drug Integrity Test for tertiary institutions across the country.

The initiative, designed as an early detection and support mechanism rather than a punitive measure, seeks to address growing concerns over drug abuse among students while promoting healthier, safer learning environments.

Backed by resolutions of the 68th National Council on Education, the programme aims to strengthen student wellbeing through counselling, rehabilitation support, and a transparent digital certification system aligned with global best practices.

The evidence-based, non-punitive test is designed to detect early drug use, support counselling and rehabilitation, and promote campus-wide wellbeing, to be implemented via a centralised digital platform ensuring transparency, secure certification, and real-time monitoring.

The agency says drug abuse is increasingly disrupting learning, damaging young people’s health and placing many students at risk of dropping out of school.
Several foreign embassies now recognise the certification as part of visa requirements, placing Nigerian institutions on a globally accepted standard.

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EFCC Arrests Three for Suspected Naira Mutilation in Maiduguri https://businesstodayng.com/efcc-arrests-three-for-suspected-naira-mutilation-in-maiduguri/ Thu, 12 Feb 2026 19:14:21 +0000 https://businesstodayng.com/?p=61053 The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,  have arrested three individuals over alleged Naira mutilation. The suspects are: Adam Muhammad, Muhammad Muhammad and Bashir Musa. Adam, Muhammad and Musa were arrested following a viral video circulated on social media platforms where they were seen cleaning mucus from their nose using […]

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The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,  have arrested three individuals over alleged Naira mutilation.

The suspects are: Adam Muhammad, Muhammad Muhammad and Bashir Musa.

Adam, Muhammad and Musa were arrested following a viral video circulated on social media platforms where they were seen cleaning mucus from their nose using N500 Naira note.

Following the release of the video, the Commission traced the trio and arrested them in the Maiduguri metropolis area.

The suspects are currently under investigation at the Maiduguri detention facility while investigation is ongoing.

The suspects will be charged to court upon conclusion of investigations.

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Oyo Police Arrest 24-Year-Old Man Over Alleged Rape and Threat to Life in Iganna https://businesstodayng.com/oyo-police-arrest-24-year-old-man-over-alleged-rape-and-threat-to-life-in-iganna/ Thu, 12 Feb 2026 18:55:31 +0000 https://businesstodayng.com/?p=61051 BY SUNDAY SAMUEL—The Oyo State Police Command has arrested a 24-year-old man, Ogunwande Sodiq, over an alleged case of rape and threat to life in the Iganna area of the state. The arrest followed a report by the father of the 18-year-old survivor, who alleged that the suspect unlawfully broke into his daughter’s room, threatened […]

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BY SUNDAY SAMUEL—The Oyo State Police Command has arrested a 24-year-old man, Ogunwande Sodiq, over an alleged case of rape and threat to life in the Iganna area of the state.

The arrest followed a report by the father of the 18-year-old survivor, who alleged that the suspect unlawfully broke into his daughter’s room, threatened her with a knife, and forcefully assaulted her.

Police authorities say the suspect is currently in custody as investigations continue, with assurances that justice will be pursued in line with the law.

Following the report, the survivor was promptly rescued and taken to a medical facility, where she received appropriate medical care as well as socio-psychological evaluation and support. The prompt medical attention ensured her safety and well-being while the police initiated immediate action to apprehend the suspect.

Subsequently, the suspect was arrested and taken into custody. He has confessed to the crime and is cooperating with the police, facilitating the ongoing investigation. To preserve the integrity of evidence, detectives from Iganna Division visited the scene, took photographs, and recovered exhibits, including a knife and the affected bedsheet, which were secured as evidence.

In view of the sensitive nature of the case, the Commissioner of Police, Oyo State Command, has directed that the matter be transferred to the Command Gender Desk, Ibadan, for discreet and thorough investigation, ensuring due process and careful handling. The suspect will be formally charged to court upon conclusion of the investigation.

The Commissioner of Police condemned in strong terms the act of sexual violence and threat to life, describing it as heinous, barbaric, and unacceptable. He assured that the suspect will face the full weight of the law, while reaffirming the Command’s unwavering commitment to the protection of lives and dignity, particularly those of women and other vulnerable persons.

The Command further urges the public to remain vigilant and to promptly report cases of sexual violence and other criminal acts to the nearest police station, reinforcing the partnership between the police and the community in safeguarding lives.

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Osun to Benefit from 200% Investment Growth by Romulus Mining, Says Adeleke https://businesstodayng.com/osun-to-benefit-from-200-investment-growth-by-romulus-mining-says-adeleke/ Wed, 11 Feb 2026 20:58:06 +0000 https://businesstodayng.com/?p=61049 Osun State Governor, Senator Ademola Adeleke has commended Romulus Mining for its growing footprint in the State, acknowledging the company’s commitment to expand its investment in Osun State from $50 million to $150 million over the next three years, a 200% growth. Romulus Mining is an African-focused mining and exploration company operating in Nigeria, with a portfolio of […]

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Osun State Governor, Senator Ademola Adeleke has commended Romulus Mining for its growing footprint in the State, acknowledging the company’s commitment to expand its investment in Osun State from $50 million to $150 million over the next three years, a 200% growth.

Romulus Mining is an African-focused mining and exploration company operating in Nigeria, with a portfolio of critical minerals, precious metals, and industrial resources.

The Governor who was said to have spoked in Cape Town, South Africa, at a high-level dinner hosted by Romulus Mining on the sidelines of the Mining Indaba  called on local and foreign investors to harness the State’s vast solid minerals potential, assuring them of policy stability, enhanced security and a significantly improved ease of doing business environment.

At the forum, Governor Adeleke was said to have outlined Osun State’s strategic roadmap to position mining as a key driver of economic diversification, job creation and sustainable internally generated revenue.

Governor Adeleke disclosed that his administration has implemented far-reaching regulatory reforms to attract credible and long-term investors, noting that state-level permitting and approval processes have been streamlined, cutting timelines by over 50 per cent.

He added that comprehensive geological resource mapping has been completed, providing investors with reliable, bankable data to support informed investment decisions.

The Governor highlighted that Osun State is richly endowed with commercially viable deposits of gold, lead, zinc, quartz and feldspar, supported by 19 active mining licences operated under the State’s investment framework.

He further noted that the government has strengthened security architecture around mining corridors while expanding public-private partnerships to promote local processing and value addition.

Adeleke also revealed that the state is formalising artisanal and small-scale mining through targeted training programmes, access to finance and the deployment of modern mining technology, aimed at improving productivity, safety and regulatory compliance.

“Osun State is open for mining business. The government is not just a regulator; we are a committed partner focused on delivering predictable policies, secure operations and sustainable returns for investors,” the Governor said.

The event was attended by the Honourable Minister of Solid Minerals Development, the Honourable Minister of Information, and His Royal Majesty, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, underscoring the strong collaboration between federal, state and traditional institutions in advancing Nigeria’s mining sector.

This 

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Ex-Acting AGF Admits Authorizing N868.4m Release to Private Companies https://businesstodayng.com/ex-acting-agf-admits-authorizing-n868-4m-release-to-private-companies/ Wed, 11 Feb 2026 20:46:34 +0000 https://businesstodayng.com/?p=61047 A former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku on Tuesday, February 10, 2026 admitted before Justice James Omotosho of the Federal High Court sitting in Abuja,  that he confessed in his statements at the Independent Corrupt Practices and Other Related Offences Commission, ICPC, that funds were transferred to four companies from the […]

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A former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku on Tuesday, February 10, 2026 admitted before Justice James Omotosho of the Federal High Court sitting in Abuja,  that he confessed in his statements at the Independent Corrupt Practices and Other Related Offences Commission, ICPC, that funds were transferred to four companies from the Ministry of Defence, where he was formerly the Director of Finance for what he described simply as “classified purposes.”
This admission sharply contradicts his testimony in the previous proceeding in the court where he disputed allegations linking him with any dealings with the said companies, namely, Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge and Arafura Transnational Afro Limited. He had then claimed that he only heard about the companies as they were mentioned in court.
Under cross examination by prosecution counsel, Ekele Iheanacho, SAN, on Tuesday, the defendant was shown his statement in ICPC, dated February 2, 2025, where he admitted in writing that funds were transferred to the four companies from the Ministry of Defence, under him as the Director of Finance for classified security purposes which are not to be disclosed.
Further in the cross-examination, the prosecution counsel maintained in his submission that evidence before the court showed that the funds paid to these four companies by the Ministry of Defence were not for lawful transactions as there is no proof whatsoever to show that they were used for security purposes.
While claiming that he bought the property he lives in, directly by himself and from legitimate earnings, the defendant/witness curiously identified in the same breath a cheque of N64 million issued by a company, Mdavi Limited in favour of City Gate Homes for the acquisition of the residence.
The Economic and Financial Crimes Commission, EFCC, is prosecuting Nwabuoku on amended nine-count charge, bordering on money laundering to the tune of N868, 465,000 (Eight Hundred and Sixty-eight Million, Four Hundred and Sixty-five Thousand Naira)
Justice Omotosho adjourned the matter till February 27, 2026 for adoption of written addresses.

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Wike: Airport to Kuje Road 76% Completed, Set for June Commissioning https://businesstodayng.com/wike-airport-to-kuje-road-76-completed-set-for-june-commissioning/ Wed, 11 Feb 2026 20:24:09 +0000 https://businesstodayng.com/?p=61043 NECHI NAECHE-ESEZOBOR—The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has announced that the ongoing dualisation of the Airport Road to Kuje has reached 76 per cent completion and is on track for commissioning in June. He gave the update today after inspecting the project, expressing satisfaction with the pace of work and confirming […]

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NECHI NAECHE-ESEZOBOR—The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has announced that the ongoing dualisation of the Airport Road to Kuje has reached 76 per cent completion and is on track for commissioning in June.

He gave the update today after inspecting the project, expressing satisfaction with the pace of work and confirming that the road will be inaugurated as part of activities marking President Bola Tinubu’s third year in office.

According to the minister, the Airport–Kuje stretch, being handled by Arab Contractors, has reached 76 per cent completion. He described the project as a critical infrastructure that will significantly improve mobility within the FCT.

Expressing satisfaction with the pace of work, Wike said the Airport–Kuje–Gwagwalada corridor would be ready for inauguration by June.

“I’m quite impressed. The Airport to Kuje road is very key for us,” he said.

He recalled his previous visit to the Kuje–Gwagwalada axis, where he stopped near a mosque under construction and commended the contractors for their performance.

“Like the contractors have said, God willing, by the first week of June or before the end of June, we would have inaugurated this project. It’s a very important project so that you don’t need to go through the airport if you are going to Gwagwalada or coming from Gwagwalada to town. We are very happy with what we have seen,” Wike added.

The new road is expected to serve as a major alternative route for motorists, reducing travel time and easing persistent traffic congestion along the airport corridor.

Providing further updates, Wike said the Kuje–Gwagwalada stretch has reached nearly 65 per cent completion.

“If you take from Airport to Kuje, it is over 70 per cent, and here from Kuje to Gwagwalada, it’s almost 65 per cent. I believe they will meet up,” he stated.

The project is expected to benefit residents of Kuje, Gwagwalada and neighbouring communities, as part of the FCT Administration’s efforts to open up satellite towns and decongest the city centre. With the June deadline approaching, attention is now on the contractors to deliver the project on schedule.

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Court Sentences Reckless One-Way Driver to Jail in Lagos https://businesstodayng.com/court-sentences-reckless-one-way-driver-to-jail-in-lagos/ Wed, 11 Feb 2026 19:14:45 +0000 https://businesstodayng.com/?p=61041 BY NKECHI NAECHE-ESEZOBOR—Magistrate Court in Ojodu-Abiodun, Lagos, has sentenced a traffic offender to two months’ imprisonment without the option of fine for driving against the flow of traffic along the Lagos–Ibadan Expressway. The conviction followed a special enforcement operation by the Federal Road Safety Corps (FRSC) targeting persistent one-way violations along the Kara–Opic axis of […]

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BY NKECHI NAECHE-ESEZOBOR—Magistrate Court in Ojodu-Abiodun, Lagos, has sentenced a traffic offender to two months’ imprisonment without the option of fine for driving against the flow of traffic along the Lagos–Ibadan Expressway.

The conviction followed a special enforcement operation by the Federal Road Safety Corps (FRSC) targeting persistent one-way violations along the Kara–Opic axis of the corridor.

a statement signed by the Corps Public Education Officer, Segun Ogungbemide, the conviction, which was handed down by the Ojodu-Abiodun Magistrate District Court, stemmed from a coordinated enforcement operation launched on 10th February, 2026, to address the persistent and dangerous practice of motorists driving against the flow of traffic along the Kara–Opic axis of the expressway.

The illegal act had escalated due to ongoing bridge expansion joint construction works on both the inward and outward sections of the corridor.

The FRSC Corps Marshal, Shehu Mohammed says the corps will continue to maintain zero tolerance for traffic violations that endanger lives. He assured the motoring public that sustained enforcement operations will continue along critical corridors nationwide.

 

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Police Arrest Suspect Over IED Explosion at Bayelsa Secretariat https://businesstodayng.com/police-arrest-suspect-over-ied-explosion-at-bayelsa-secretariat/ Wed, 11 Feb 2026 19:03:18 +0000 https://businesstodayng.com/?p=61039 The Bayelsa State Police Command has arrested a 60-year-old man suspected of detonating an improvised explosive device (IED) on Wednesday at the State Secretariat Complex in Yenagoa. The Commissioner of Police, Iyamah Daniel Edebor, immediately led the Explosive Ordnance Disposal (EOD) Unit, the Special Drone Unit, and other tactical teams to the scene following reports […]

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The Bayelsa State Police Command has arrested a 60-year-old man suspected of detonating an improvised explosive device (IED) on Wednesday at the State Secretariat Complex in Yenagoa.

The Commissioner of Police, Iyamah Daniel Edebor, immediately led the Explosive Ordnance Disposal (EOD) Unit, the Special Drone Unit, and other tactical teams to the scene following reports of the explosion.

On arrival, operatives swiftly secured the area, contained the situation, and cordoned off the complex. During a thorough search, another unexploded IED was discovered and safely defused. Police confirmed that no lives were lost and no property was damaged in the incident.

The suspect, identified as Pentecost Elijah from Southern Ijaw Local Government Area of Bayelsa State, was arrested at the scene. According to the police, he is currently undergoing interrogation at the State Criminal Investigation Department (SCID) and will be charged to court upon conclusion of investigations.

The Police Public Relations Officer, Musa Mohammed, stated that the situation is under control and normalcy has been restored. He urged members of the public to remain calm and continue with their lawful activities.

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