In the first quarter of 2026, smaller equity mutual funds outperformed Nigeria’s biggest fund managers, reporting returns of up to 52 percent as investors’ gains were boosted by the general stock market rally. Away from daily NGX volatility, mutual funds are emerging as a strong alternative for equity exposure. The majority of equity funds saw […] read more Top 10 Nigeria’s mutual funds that delivered strongest returns in Q1

On the streets of many Nigerian cities, the pattern is unmistakable. Children clutch brightly coloured sachet drinks on their way to school. Small kiosks overflow with fried snacks, sugary beverages, and highly processed foods sold for a few naira. Meanwhile, fruits, vegetables, and other nutritious options are often scarce, more expensive, or completely absent from […] read more Hungry for health: How Nigeria’s food environment is failing its children

Crypto exchange VALR has partnered payments network Onafriq to expand access to digital assets for millions of unbanked Africans, allowing users to fund crypto accounts directly through mobile money in local currencies and bypass traditional banking barriers. The integration allows users to fund crypto accounts using local currencies via mobile wallets, removing one of the […] read more VALR taps Onafriq Network to unlock crypto access to Africa’s unbanked

Public policy advocate Funso Doherty has declared his intention to run for governor of Lagos State, delivering a strong critique of inequality, governance failures, and what he described as decades of entrenched political dominance. Speaking at Freedom Park in Lagos Island on Friday, Doherty said his decision to enter the race was driven by a […] read more Doherty declares Lagos governorship bid, slams inequality, governance gaps

Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing. read more Large firms risks sanctions as June e-invoicing deadline nears

Nigeria’s push to implement e-invoicing is forcing businesses to rethink not just how they file taxes but also how they record revenue... read more E-invoicing forces Nigerian firms into real-time transparency

In a move to accelerate artificial intelligence (AI) adoption and digital inclusion across the continent, InnoPower Africa and Luma Learn AI. read more Firms partner to expand AI access for students, teachers across Africa

Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has urged Nigerian media organisations. read more EFCC boss tasks media on ethics, seeks balanced reportage of anti-corruption war

Nigeria’s exposure to global shocks is once again in focus after rising tensions in the Middle East pushed oil prices above $100 per barrel, driving up fuel costs locally despite the country’s status as a major crude producer. The disruption linked to the Strait of Hormuz has highlighted a long-standing weakness in Africa’s largest economy: […] read more Oil shock exposes Nigeria’s import trap as local tech manufacturing gains urgency

Laja Adeoye, a leading governorship aspirant of the Peoples Democratic Party (PDP) for the 2027 elections in Lagos State, has officially launched his comprehensive policy document ahead of the 2027 elections. The document is titled **#BetterLagosAgenda2027**,alternatively termed “Àtuntọ Èkó 1.0 (Re-Engineering Lagos for Inclusive Prosperity)”. In a statement announcing the launch, Adeoye’s team described Àtuntọ […] read more 2027: Adeoye launches “Àtuntọ Èkó 1.0,” targets Lagos revival

A faction of the Boko Haram insurgent group has released a video showing 416 people abducted from Ngoshe, a community in the Gwoza local government area of Borno State, more than a month ago. In the footage, obtained by Business Day on Thursday night, the group provided “proof of life”, interviewing victims while surrounded by […] read more VIDEO: 416 abducted Ngoshe residents beg Tinubu, Trump for rescue in Boko Haram video

Liquid C2, a business of Cassava Technologies, a global technology leader, has launched Africa’s first Partner Experience Centre powered by Google Cloud in Johannesburg, South Africa. The state-of-the-art facility is designed to empower partners and resellers to move beyond traditional distribution, providing the immersive, hands-on environment needed to architect and deploy cloud and AI solutions […] read more Liquid C2 launches Africa’s first Google cloud-powered experience centre to accelerate AI adoption

In a significant step towards strengthening Nigeria’s electric vehicle (EV) infrastructure, Qoray has opened a new charging station at Federal Palace Hotel & Casino in Victoria Island, Lagos. Qoray is a clean technology company focused on delivering distributed clean energy and electric mobility solutions to the last mile. It believes that as electric mobility gains […] read more Qoray expands EV charging network with new station in Lagos

The Joint Admissions and Matriculation Board (JAMB) has directed all candidates registered for the 2026 Unified Tertiary Matriculation Examination (UTME) to begin printing their examination notification slips ahead of the commencement of the exercise on April 16. In a statement issued on Thursday, Fabian Benjamin, JAMB’s spokesperson, said the notification slip contains vital details such […] read more JAMB directs candidates to print 2026 UTME slips ahead of April exams

…commend Abubakar Sulaiman’s transformative interventions Indigenes of Kwara South say their support for anyone seeking to govern Kwara State will depend on measurable impact, adding that such a person must demonstrate genuine unifying leadership across the North, Central, and South senatorial districts. For many in that region, leadership is not defined by recent visibility but […] read more Kwara South indigenes hinge support for guber aspirants on measurable impact

AXA Mansard is stepping up efforts to close the financing gap faced by female entrepreneurs, rolling out targeted funding and support initiatives aimed at women-led businesses. The move underscores a broader push within Nigeria’s financial services sector to unlock the economic potential of women-owned enterprises, which remain underserved despite their growing contribution to job creation […] read more AXA Mansard strengthens funding support for women-led businesses

A new report by the International Labour Organisation (ILO) has called for urgent and decisive action to strengthen social protection systems worldwide, warning that millions of workers remain exposed due to gaps in coverage, inadequate benefits, and weak financing in an increasingly volatile global economy. The report, ‘Universal social protection in changing labour markets: Protecting […] read more ILO calls for workers’ social protection on growing vulnerability

Poverty in Nigeria deepened sharply to 63 per cent in 2025, affecting an estimated 140 million people, even as inflation began to slow, highlighting a widening gap between macroeconomic gains and the lived realities of households, according to the World Bank. The alarming figure was disclosed in the Bank’s latest Nigeria Development Update (April 2026), […] read more Nigeria’s poverty crisis deepens as 140 million struggle despite easing inflation

Mutual Benefits Assurance Plc is ramping up efforts to reshape how individuals and households manage money, positioning structured financial planning as a catalyst for stronger savings discipline across Nigeria. The insurer is promoting tailored financial frameworks that encourage long-term goal setting, risk protection, and consistent contributions, an approach it says can help bridge the country’s […] read more Mutual Benefits bets on structured planning to deepen Nigeria’s savings culture

The Nigeria Sovereign Investment Authority (NSIA) is strengthening its climate finance strategy following its accreditation as a Direct Access Entity of the Green Climate Fund (GCF). In a statement, the authority said that this will enable them to access and utilise climate funding directly, which means they won’t need to rely on intermediaries and will […] read more NSIA expands climate finance push with GCF accreditation

The developer of Winhomes Global Services Limited, Stella Okengwu has rejected fraud allegations against her by David Umahi, Nigeria’s minister of works. The developer also takes exception to Umahi’s questioning of the source of her project funding, and also for doubting the legitimacy of her investment. Okengwu, in a statement in Lagos, fired back at […] read more Developer rejects minister’s fraud allegation, source of project funding

A coordinated push to scale investment, deepen mechanisation, and strengthen agricultural value chains is gaining momentum as the Federal Government, Japan, and development partners move to reposition Nigeria’s agriculture sector for productivity-led growth. At the Sasakawa Africa Association, 2026 Annual Stakeholders’ Workshop, tagged  ‘SAA@40’,  held in Abuja, on Thursday, stakeholders outlined a transition from project-based […] read more FG, Japan, global partners ramp up investments push to scale Nigeria’s agric transformation

There are lives that flicker like a candle in the wind, and there are lives that glow and ascend like constellations, steady, bright, and eternal in their influence. Bishop Eyoanwan Bassey Otu typifies and embodies, unmistakably the latter. At 62, she stands not merely as a woman of years, but as a cathedral of grace, […] read more Bishop Eyoanwan Bassey Otu @ 62: Celebrating an enduring flame of grace and compassion

FIFA has omitted Nigerian referees from its list of match officials for the 2026 FIFA World Cup, announcing a total of 52 referees, 88 assistant referees and 30 video match officials for the tournament. The competition, scheduled to run from June 11 to July 19 across the United States, Canada and Mexico, will be the […] read more FIFA names 170 officials for 2026 World Cup, omits Nigerian referees

A controversial remark by Wole Oke, the Director General of the Osun All Progressives Congress (APC) governorship campaign, has sparked widespread backlash ahead of the August 15, 2026 election, with opposition figures and concerned citizens condemning what they describe as a veiled threat against voters not aligned with Bola Tinubu and the APC. The backlash […] read more “Bear the consequences”: Outrage trails APC campaign chief’s threat ahead of Osun poll

Nigerian investment platform Risevest has suspended a senior executive after old social media posts containing ethnic slurs against Yoruba women resurfaced online, sparking public outrage and raising fresh questions about accountability in the country’s tech sector. The posts, shared widely on X, date back to around 2013 and were made from an account identified as […] read more Risevest suspends executive over ethnic slur posts

The Nigeria Police Force has debunked a viral video alleging an ongoing terrorist attack in Abuja, describing the claim as entirely false and a calculated attempt to incite panic among residents of the nation’s capital. In a statement issued on Friday by Anthony Placid, Force Public Relations Officer, the police said there was no record […] read more Police arrest suspect over fake Abuja terror alert

OPay has positioned itself to gain market share after Nigeria’s central bank tightened rules for agent banking, forcing Point of Sale (PoS) operators to work with only one financial institution. The new guidelines, introduced April 1 by the Central Bank of Nigeria, require agents to operate dedicated settlement accounts, comply with transaction limits, and use […] read more OPay eyes gains as Nigeria tightens PoS rules

Nigeria’s worsening security crisis has taken a troubling international turn, with Peter Obi, former presidential candidate of the Labour Party, warning that the United States’ decision to evacuate non-essential embassy staff in Abuja signals a “bad omen” that must be treated as a national emergency. The alarm follows a travel advisory issued on April 8 […] read more US Embassy evacuation signals ‘bad omen’ for Nigeria – Peter Obi

On the 25th of March 2026, at the plenary session of the United Nations General Assembly, Ghana’s President John Mahama moved a well-intended motion declaring that slave trade was ‘the gravest crime against humanity’ 25th March is the annual International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade, established through […] read more President Mahama, Slavery, and the Pity-Party

Operatives of the Economic and Financial Crimes Commission (EFCC) have dismantled a suspected internet fraud training hub, popularly referred to as a “Yahoo Academy”, in the Federal Capital Territory, arresting 31 individuals in a coordinated sting operation. The raid, carried out on Thursday, targeted a facility located in Becki Estate, Karu, on the outskirts of […] read more EFCC uncovers ‘Yahoo Academy’ in Abuja, arrests 31 in major crackdown 

Africa’s internet freedom landscape remains uneven and below global leaders, with no country on the continent reaching the highest tier of openness, according to a new study by Cloudwards. The report, which assessed 171 countries across five measures, including access to social media, political content, and VPN legality, shows that Africa’s best performers, including Cape […] read more Africa’s internet freedom lags global leaders, study shows

The Lenten season this year came straight after Ramadan, and expectedly, after these two important lengths of days, we are all supposed to be better persons. If you were quarrelsome before the Lenten period and Ramadan, fasting both from food and from the habit should make you less angry, more sedate and more accommodating. Lent […] read more As Lent ends, 2026, it triggers the memory of my loss on Easter Monday 2025

AI is no longer adjacent to strategy—it is how strategy is executed. It is influencing pricing, credit decisions, supply chains, hiring, and customer engagement at scale. Yet across boardrooms, a critical gap persists – strategy is being approved, but the systems executing it are not being governed with the same rigour. This is not a […] read more AI without accountability is strategy without control

Kigali, the capital city of Rwanda, has truly risen, as well as its hospitality offerings. The city, which is truly the “Land of a Thousand Hills”, and often referred to as the “Singapore of Africa” for its cleanliness, safety, and rapid economic growth, has more to offer as a choice tourism destination in East Africa […] read more Radisson Blu: Kigali’s sought-after address for Nigerian travellers

Emeka Emuwa, Chairman of the Board of Verod Holdings and a titan of African banking, has been named a recipient of the Citi Distinguished Alumni Award in Leadership, an elite recognition reserved for a select few across the Middle East and Africa who have demonstrated extraordinary leadership and institutional impact. In its over 40 years […] read more Emeka Emuwa becomes second Nigerian to receive Citibank’s distinguished alumni award