The dark millions behind Federal School of Statistics’ unaccredited courses

Yousuph Adebayo
26 Min Read

In this report, BusinessDay Investigations exposes how the Federal School of Statistics (FSS), Ibadan, Oyo State, violated multiple National Board for Technical Education (NBTE) regulations through admission of hundreds of students for uncaccredited ptrogrammes. YOUSUPH ADEBAYO writes. When Kunle Olayode received his admission letter from…

Top Stories

Nigeria Eurobonds extend losses as yields climb

The escalation in the Middle East conflict over the last week has led to sell-offs in Nigeria’s eurobonds, driving average yields to 7.17 percent on Friday last week from 6.98…

4 Min Read

Poor power supply worsens pain of higher fuel prices

When Emmanuel Adeyemi opened his cold-storage and logistics business in Lagos five years ago, he budgeted for fuel as a minor line item, a backup for when the national grid…

7 Min Read

Naira defies rising oil prices as petrocurrency status fades

The naira, long considered one of Africa’s petrocurrencies, has depreciated against the US dollar over the last 15 trading sessions, despite rising oil prices fueled by the ongoing conflict between…

7 Min Read

Dangote slashes PMS price by N100, declares fuel scarcity “gone for good”

The management of Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known…

4 Min Read
Petrol imports hit nine-year low on Dangote output boost

Nigeria’s dependence on imported petrol fell sharply in February 2026,…

4 Min Read
BusinessDay, Fernhill Digital launch ‘She Means Business’ to spotlight women driving Africa’s economy

BusinessDay Media Limited has partnered with Fernhill Digital to launch…

3 Min Read
2025 Oil slump drives Nigeria’s trade surplus to lowest in two years

Nigeria’s trade surplus fell to its lowest level in about…

2 Min Read
Nigeria’s petrol imports hit nine-year low as Dangote ramps up production

Nigeria’s dependence on imported petrol fell sharply in February, dropping…

4 Min Read
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Editoral

Nigeria’s mortgage reality and Singapore’s housing scheme

Nigeria’s housing deficit is no longer a statistic whispered in policy circles but a visible national emergency. With an estimated housing shortfall of between 17 and 20 million units, according…

7 Min Read

Food inflation and the failure to diversify

For a country that boasts over 70 million hectares of arable land, more than 200 million citizens, vast sunshine belts, solid minerals in commercial quantities, and a youthful population eager…

7 Min Read

NNPC-Dangote alliance: Why partnership, not rivalry, is Nigeria’s energy salvation

In an era defined by fierce global competition, economic nationalism, and energy insecurity, no nation can afford institutional rivalry within strategic sectors. Collaboration has become the new cache of competitiveness.…

8 Min Read

How leadership failure keeps a nation of promise running in circles

Nigeria remains one of the world’s most enduring paradoxes: a nation of immense promise, over 210 million people, vast natural endowments, and extraordinary cultural vitality, but persistently caught in cycles…

6 Min Read

NNPC reform begins — But transparency alone is not enough

Nigeria’s oil wealth has long existed within an uncomfortable contradiction. The country remains one of the world’s major crude producers, yet public revenues rarely mirror production realities. For decades, Nigerians…

7 Min Read

Leadership capacity, not age, is Nigeria’s problem

In recent years, especially since the 2020 #EndSARS protests, a familiar argument has resurfaced in Nigeria’s political discussion: that the country’s governance crisis is largely the result of the recycling…

7 Min Read
Middle East war: Another global crisis Nigeria must not waste

The escalating war in the Middle East, now disrupting global…

7 Min Read
In 1992, Nigeria was a different country

It was in the twilight of military rule. The economy…

8 Min Read
Secure the vote before trust collapses

Nigeria’s democracy is approaching a defining test, not of electoral…

15 Min Read
Tinubu’s executive order and the test of fiscal transparency

Nigeria’s oil wealth has long been defined by a troubling…

8 Min Read

Today's E-paper

Analysis

Looking for the Next Crypto to Explode? ZKP’s $17M Head Start Could Flip the Script on Pi and Worldcoin

If you’re hunting for the next crypto to explode or figuring out the best crypto…

7 Min Read

AFRICANA Founder’s Note

Africana was never meant to be just a brand. From the very beginning, it was…

3 Min Read

Finding your flow: The art of reclaiming your energy in a burnt-out world

We live in an age of extraordinary connectivity, yet a profound epidemic of depletion. We…

5 Min Read

Podcast

Explainers

Pocket Option vs. Other Trading Platforms: Where’s the Best Place to Start?

Choosing your first trading platform can be quite overwhelming. There are hundreds of options, and most of them can feel similar from the outside looking in. It's hard to know…

6 Min Read

The Liberty Army UK: How Bishop Chris Kwakpovwe Is Turning Faith Into Food, Hope, and Healing

What began as a faith-driven vision has grown into one of the UK’s quietly impactful humanitarian movements. The Liberty Army UK, founded and led by Nigerian prophet, publisher, and trained…

3 Min Read

BlockDAG Records Massive Buying At $0.001 in January – What’s Driving The Viral Presale in 2026 As Launch Nears

Crypto markets are polite only during presales. They give you time, fixed pricing, and the illusion that tomorrow will look like today. But that courtesy ends abruptly when the countdown…

6 Min Read

Zero Knowledge Proof’s 190M Coins Daily Allocation in Phase II Creates Vertical Growth Opportunity Beyond SOL and AVAX

Global markets hover around a $3.23 trillion cap, but volatility keeps growth limited. Solana targets $150 while Avalanche stays near $14, yet both networks face maturity and saturation. Do these…

5 Min Read

Olu of Warri hosts Commonwealth Chief, harps on traditional leadership

The Olu of Warri Kingdom, Ogiame Atuwatse III, has underscored the growing role of African traditional institutions in global development discourse. The monarch made the observation when he played host…

4 Min Read
Explaining CBN’s electronic FX matching system

The Central Bank of Nigeria, CBN, has introduced the Electronic…

3 Min Read
Pocket Option vs. Other Trading Platforms: Where’s the Best Place to Start?

Choosing your first trading platform can be quite overwhelming. There…

6 Min Read
Tongits na Sikat sa Pilipinas: Why This Card Game Endures Across Generations

Table of Contents Overview of Tongits na Sikat sa Pilipinas…

11 Min Read
Pocket Option vs. Other Trading Platforms: Where’s the Best Place to Start?

Choosing your first trading platform can be quite overwhelming. There are hundreds…

6 Min Read
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Partner Content

Nigeria’s National Single Window Faces Its Real Test: Execution

Nigeria’s decision to establish a National Single Window (NSW) for trade is long overdue. The current training across the country…

8 Min Read

Why 9th Marketplace Is Redefining the Future of Online Shopping in Africa

Some marketplaces simply list products. And then some platforms rethink what online shopping should look like. 9th Marketplace falls into…

9 Min Read

The ATBU Years: How University Life Prepared Kashifu Inuwa Abdullahi for a Career in National Digital Transformation

When conversations turn to Nigeria’s digital transformation, Kashifu Inuwa Abdullahi is often mentioned in the context of policy leadership and…

5 Min Read

Execution Excellence: Finceptive Settles ₦3 Billion Series 1 Commercial Paper at Maturity

Finceptive Limited has completed the redemption of its Series 1 Commercial Paper, a milestone that underscores the intrinsic quality of…

3 Min Read

Leks Sports NG and Landmark Africa Group in 25-Year Partnership for $50m Escola Park Sports City

LAGOS, NIGERIA — Leks Sports NG, a premier sports talent development firm, is partnering with Landmark Africa Group, Nigeria’s leading…

4 Min Read

Fembol Group Awards Over ₦5million in Grants to Student Entrepreneurs

Fembol Group has concluded the Fembol Student Grant Pitch Day, a flagship Corporate Social Responsibility (CSR) initiative designed to support…

2 Min Read

Amazon Prime’s Surge In New Zealand Points to Massive Digital Shift

The way Kiwis enjoy entertainment is clearly changing. The days of being tied to a traditional telly schedule, or "appointment…

4 Min Read

7 landmark solar and storage projects redefining how Nigeria powers itself in 2025

Nigeria’s energy transition in 2025 is no longer being defined by incremental megawatts added to the national grid. Instead, it…

6 Min Read

Sponsored

Opera Mini launches Locked Mode for PIN-protected browsing

Global browser innovator Opera today announced a significant privacy enhancement…

CardinalStone Wins Broker of the Year and Equity Trader of the Year at NGX Made of Africa Awards

Lagos, Nigeria – February 2026 – CardinalStone Securities has capped…

Company Innovation Pipeline: Transforming your venture through innovation

In the dynamic realm of business, strategic innovation transcends mere…

Celebrating a Trailblazer: Lanre Ojuola’s Induction as Fellow of the Chartered Insurance Institute of Nigeria

The name Lanre Ojuola resonates with excellence, innovation, and transformative…

Tide Legal Partners Launches as New Full-Service Law Firm with Client-Centric Approach

Former Famsville Founding Partner Woye Famojuro Establishes Independent Practice Focused…

Events and Conference

Event
SME 100 Awards
Lagos Nigeria
Saturday, 31 January 2026
Attend
Event
Legal Dinner Night 2025
Lagos Nigeria
Friday, 30 January 2026
Attend
Event
BAFI Dinner Night
Lagos Nigeria
Thursday, 5 February 2026
Attend

Interviews

Biden speaks on legacy, Ukraine, and Trump’s first 100 days

In exclusive BBC interview, Biden defends his record, warns of global instability, and calls Trump's foreign policy "modern-day appeasement" In…

7 Min Read

What makes Lisa Suites different from other apartment complexes in Abuja – Mshelia

Barka Umaru Mshelia is the chief executive officer (CEO) of Mshel Homes, a real estate company. In this interview with…

6 Min Read

Corporate Trustees eye increased role as debt capital market expands

As the debt capital expands with new bond issuances and greater risks, corporate trustees are considering an increased role in…

4 Min Read

I am no longer running for office in Nigeria — Kingsley Moghalu

  Kingsley Moghalu is a lawyer, political economist, and former deputy governor of the Central Bank of Nigeria. In an…

23 Min Read

Exit interviews

Welcome to the end of a glorious week. Trust it was a panicles week and that the weekend is going…

7 Min Read

CareerLife Nigeria trains 100 graduates on overcoming interview phobia

CareerLife Nigeria has trained 100 graduates on tips to overcome interview phobia during the fifth edition of its Employability Fitness…

3 Min Read

Hiring the best (2)

Continuing the conversation of last week. When we hire the wrong candidate, it is costly and can even spoil the…

6 Min Read

Interviewing for a dream job, tips by HR experts

Getting a job in Nigeria keeps getting tough as opportunities in the labor market are shrinking, leading to an all-time…

6 Min Read
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Technology

TECNO taps AI features on Camon 50 Series

TECNO Mobile, a smartphone manufacturer, has unveiled plans to deepen its push into artificial intelligence-powered…

2 Min Read

AI-driven fraud surges across Africa’s fintech sector – Ecofin Agency

AI-driven fraud is increasing across Africa’s financial tech sector, raising concerns among regulators and industry…

2 Min Read

SEC warns fintechs of rising risks as digital finance expands

The Securities and Exchange Commission Nigeria (SEC) has cautioned fintech operators that while technology can…

4 Min Read

Nigeria’s telephony subscriptions hit 182m as teledensity crosses 84% – NCC

Nigeria’s telecommunications sector continued its steady expansion in early 2026, with total active telephony subscriptions…

4 Min Read

World News

More News
Lebanon seeks talks with Israel as president criticises Hezbollah
5 Min Read

Lebanon’s president has called for direct negotiations with Israel as part of a proposal aimed at ending the latest escalation…

WORLD IN BRIEF: Teacher killed in student prank, G7 moves to stabilise oil markets, Ghana urges Commonwealth to condemn peacekeeper attack and other stories
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US teacher killed after student prank turns tragic A high school teacher in the US state of Georgia died after…

How US-Iran war impacts global travel, tourism
8 Min Read

Thousands of flights have been cancelled and millions of passengers stranded around the world following strikes on Iran by the…

Iran says over 1,200 killed as US and Israeli strikes hit cities and oil sites
4 Min Read

Iran has said more than 1,200 people have been killed since United States and Israeli strikes began across the country,…

WORLD IN BRIEF: Iran war costs US $5.6bn, Airfares rise globally, 140 US troops wounded and other stories

US says Iran war cost $5.6bn in first two days The administration of Donald Trump has told US congressional committees that the first two days of military strikes against Iran cost about $5.6 billion in munitions, according to a source familiar with…

5 Min Read
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