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Business
Aiyedatiwa unveils plans for state-owned beach resort, woos investors
Ondo State Governor, Lucky Aiyedatiwa, has intensified efforts to attract private investment into the state’s coastal tourism sector, declaring that his administration is targeting between five and ten investors to transform the Araromi coastline into a vibrant leisure destination. The Governor revealed this on Monday during the Araromi seaside carnival in Ilaje Local Government Area, […] read more Aiyedatiwa unveils plans for state-owned beach resort, woos investors
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Firms partner to provide flexible workspaces for SMEs across Nigeria 
.....office spaces to cost N100,000 per month read more Firms partner to provide flexible workspaces for SMEs across Nigeria 
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صندوق النقد: اقتصادات الخليج قادرة على احتواء تداعيات الحرب
عواصم- بزنس ريبورت الإخباري|| قالت مديرة صندوق النقد الدولي، كريستالينا غورغييفا، إن اقتصادات دول مجلس التعاون الخليجي تمتلك القدرة على امتصاص تداعيات الحرب مع إيران، رغم تأثرها المباشر وغير المباشر بها، وذلك بفضل التقدم الذي أحرزته في مسارات التنويع الاقتصادي وبناء مؤسسات أكثر قوة ومرونة. وأضافت غورغييفا، خلال مؤتمر صحفي عقد قبيل انطلاق اجتماعات الربيع […] The post صندوق النقد: اقتصادات الخليج قادرة على احتواء تداعيات الحرب appeared first on Business News Report.
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Nigeria’s manufacturing investment plunges 46% in 2025
Nigeria’s capital importation into the manufacturing sector has suffered a sharp decline in 2025, underscoring the country’s worsening business environment and investor sentiment towards the industry. Foreign investments in the sector declined 46 percent from $1.43 billion in 2024 to $773 million in 2025, according to data from the National Bureau of Statistics (NBS). The […] read more Nigeria’s manufacturing investment plunges 46% in 2025
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Yusuf, Shekarau hold closed-door talks amid Kano’s shifting political landscape
Abba Kabir Yusuf, the governor of Kano State, on Monday held a closed-door meeting with former governor Ibrahim Shekarau at the Government House in Kano, in a development that has stirred fresh political speculation in the state. Though details of the meeting were not made public as of press time, sources within the Government House […] read more Yusuf, Shekarau hold closed-door talks amid Kano’s shifting political landscape
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AI is replacing smartphones faster than you think
For more than a decade, the smartphone has occupied a position of extraordinary dominance in our daily lives. It has reshaped the way we speak to one another, how we work, how we travel, how we shop, and how we make sense of a world that seems to move faster with every passing year. To […] read more AI is replacing smartphones faster than you think
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“إنماء القابضة” القطرية تقر توزيع أرباح نقدية بنسبة 4.5%
الدوحة- بزنس ريبورت الإخباري|| أقرت الجمعية العامة العادية وغير العادية لشركة إنماء القابضة القطرية، خلال اجتماعها، توزيع أرباح نقدية على المساهمين بنسبة 4.5% من رأس المال عن السنة المالية المنتهية في 31 ديسمبر 2025. كما وافقت الجمعية على عدد من البنود التنظيمية والإدارية، أبرزها تعديل بعض مواد النظام الأساسي للشركة بما يتوافق مع لائحة حوكمة […] The post “إنماء القابضة” القطرية تقر توزيع أرباح نقدية بنسبة 4.5% appeared first on Business News Report.
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بن داود السعودية تستحوذ على 51% من “فازا الغذائية”
الرياض- بزنس ريبورت الإخباري|| أعلنت شركة بن داود القابضة توقيع اتفاقية بيع وشراء حصص بتاريخ 6 أبريل 2026 للاستحواذ على 51% من شركة فازا الغذائية السعودية، في صفقة بلغت قيمتها 217.9 مليون ريال. وقالت الشركة، في بيان منشور على تداول السعودية، إن الاتفاقية تم توقيعها مع كل من فيصل عبدالله العميقان وعبدالوهاب سليمان الدخيل وعبدالعزيز […] The post بن داود السعودية تستحوذ على 51% من “فازا الغذائية” appeared first on Business News Report.
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NAICOM, CIIN, NCRIB Push Youth Engagement to Expand Insurance Market
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has advocated for increased participation of young people in the insurance and pension industries to boost sector growth and maintain relevance in an increasingly dynamic economy. The appeal was given by the Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr. Olusegun Omosehin, while addressing participants at […] The post NAICOM, CIIN, NCRIB Push Youth Engagement to Expand Insurance Market appeared first on Business Today NG.
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JAMB insists UTME holds as scheduled, Plateau flags security concerns
The Joint Admissions and Matriculation Board (JAMB) has reaffirmed that the Unified Tertiary Matriculation Examination (UTME) will proceed as scheduled. The board made this announcement via its official X handle @JAMBHQ, in a statement signed by its director of media and protocol. “Our attention has been drawn to the malicious press release, stating that the […] read more JAMB insists UTME holds as scheduled, Plateau flags security concerns
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Four dead as Plateau killings intensify despite Tinubu’s visit
At least four persons, including three farmers and a herder, have been killed in fresh attacks in Barkin Ladi and Riyom Local Government Areas of Plateau State. The incidents occurred days after President Bola Ahmed Tinubu visited the state following the Anguwan Rukuba killings. Leaders of the Berom Youth Moulders Association (BYM) and the Miyetti […] read more Four dead as Plateau killings intensify despite Tinubu’s visit
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Rising costs, power shortages weaken Nigeria’s business activity — NESG
Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined to 101.2 points in March, down from […] read more Rising costs, power shortages weaken Nigeria’s business activity — NESG
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Consolidated Hallmark Holdings Commits Over ₦40m to Education as 13th Annual Essay Competition Opens
L-R: Rukevwe Falana, Company Secretary and Group Head Legal & Compliance Services, Consolidated Hallmark Holdings Plc; Tope Ilesanmi, MD/CEO, CHI Life Assurance Limited; Oladotun Adeogun, MD/CEO, Hallmark Health Services Limited; Eddie Efekoha, Group Chief Executive Officer, Consolidated Hallmark Holdings Plc; Mary Adeyanju, MD/CEO, Consolidated Hallmark Insurance Limited; and Babatunde Daramola, Group Chief Financial Officer, Consolidated Hallmark […] The post Consolidated Hallmark Holdings Commits Over ₦40m to Education as 13th Annual Essay Competition Opens appeared first on Business Today NG.
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WORLD IN BRIEF: Trump floats Hormuz tolls, UK reviews Kanye West entry, Eritrean players abscond and other stories
Trump floats Strait of Hormuz toll plan amid Iran war Donald Trump, US President, has suggested Washington could impose tolls on ships passing through the Strait of Hormuz after the war with Iran, arguing the United States should benefit from securing the vital route. Speaking to reporters, Trump dismissed the idea of Iran collecting transit […] read more WORLD IN BRIEF: Trump floats Hormuz tolls, UK reviews Kanye West entry, Eritrean players abscond and other stories
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Appraisal of what exactly?
In many of our client engagements, when the subject of performance management comes up, the conversation quickly narrows to appraisals – ratings, scores, and the familiar end-of-year ritual that often leaves managers and employees frustrated. Then, they want the quick fix of training for line managers on how to conduct appraisals without paying attention to […] read more Appraisal of what exactly?
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Why Nigerians deserve protection, not pressure
As the saying goes, “If there is too much dirt in the soup, even the blind will see it.” Today, the global economic order has been shaken by the far-reaching consequences of the Russia-Ukraine War and the escalating tensions in the Middle East involving the US-Israel-Iran conflict. These conflicts have disrupted energy supplies, inflated global […] read more Why Nigerians deserve protection, not pressure
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Between pressure and purpose
There is a particular kind of moment that does not announce itself loudly. It does not come with headlines or declarations. It does not signal urgency in the way we are used to responding. Instead, it feels like a pause. A space between what has been heavy… and what is yet to come. That is […] read more Between pressure and purpose
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BusinessDay 07th Apr 2026
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The politics of survival: How Nigerian politicians govern for relevance, not results
In Nigeria, governance is rarely about what works. It is about what lasts — politically. Long before policies are evaluated, before budgets are fully implemented, before citizens feel any measurable improvement, a quieter calculation is already underway inside the political class: Will this decision secure my relevance? Relevance — not results — has become the […] read more The politics of survival: How Nigerian politicians govern for relevance, not results
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Nigeria’s silent currency redenomination
There has been no proclamation by the Central Bank of Nigeria, no parliamentary debate, and no introduction of a new monetary unit. Across markets, transport routes and neighbourhood shops, the naira has effectively undergone a silent redenomination. The smallest denominations (N5, N10, N20 and N50) have largely disappeared from everyday transactions, pushed out not by […] read more Nigeria’s silent currency redenomination
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Capital is not cash: Understanding the CBN’s recent banks recapitalization
The recapitalization of Nigeria’s banking system is a rare policy moment that is simultaneously technical, misunderstood, and profoundly consequential. To many outside the financial system, the directive by the Central Bank of Nigeria seemed almost literal: banks were told to “raise capital,” and so the public imagined vaults filling with cash, stacked somewhere under central […] read more Capital is not cash: Understanding the CBN’s recent banks recapitalization
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Transcorp, Egbin, Geregu, five others sign N3.3trn power debt bailout
…Other GenCos hold back Eight of Nigeria’s largest power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc, have signed onto President Bola Tinubu’s N3.3 trillion debt settlement programme, a deal aimed at restoring liquidity to an electricity sector that has lurched from one financial crisis to the next for nearly a decade. […] read more Transcorp, Egbin, Geregu, five others sign N3.3trn power debt bailout
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Renewed IED attacks cut off border communities in Niger State
Suspected terrorists have intensified efforts to isolate border communities in Niger State, detonating an improvised explosive device (IED) along the Babanna axis of Borgu Local Government Area on Sunday, leaving at least four people feared dead. The blast struck a strategic bridge that had been attacked barely two weeks earlier, reinforcing fears of a coordinated […] read more Renewed IED attacks cut off border communities in Niger State
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Russia, Lagos collaborate to improve research, vocational education
Ekaterina Alexeevna Shuvalova, the deputy vice-rector for Youth Policy, Social Work, and International Relations at MGIMO University, in Russia has revealed that Russia is actively offering scholarships to Nigerian students, foster research, innovation and vocational studies. She noted this during a courtesy visit by the Russian delegation to the Abimbola Salu-Hundeyin, secretary to the Lagos […] read more Russia, Lagos collaborate to improve research, vocational education
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Education real problem beyond algorithm – Gomes
Ben Gomes, Google head of learning, has emphasised that the most fundamental element of education is a human quality that no algorithm can currently replicate. In a shift from the prevailing industry focus on automated tools, Gomes identifies motivation as the primary hurdle in modern learning—a problem he believes artificial intelligence is unequipped to solve. […] read more Education real problem beyond algorithm – Gomes
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INEC setting ‘landmines’ to exclude us from elections – ADC
The African Democratic Congress (ADC) has accused the Independent National Electoral Commission (INEC) of deploying what it described as “administrative landmines” aimed at preventing the party from fielding candidates in forthcoming elections. In a press statement issued on Monday and signed by Bolaji Abdullahi, its national publicity secretary, the party said INEC’s decision to stop […] read more INEC setting ‘landmines’ to exclude us from elections – ADC
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Nigeria’s agric investment surges 224%
Nigeria’s agricultural sector has seen a significant surge in investment, rising 224 percent in one year amid escalating insecurity in the country. Data from the National Bureau of Statistics (NBS) capital importation report showed that foreign direct investment (FDI) in the agric sector hit $167.3 million in 2025, up 224 percent from $51.7 million in […] read more Nigeria’s agric investment surges 224%
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Nigerian business economy under fresh pressure as US-Iran war fires on
In January, Salewa Tokunbo, a Lagos trader who is into frozen food items, was confident that whatever she stocked from her wholesale suppliers would be rushed by customers. Prices were fair, and the business environment was good. But nothing prepared Tokunbo for the impacts of the United States and Iran war that began on February […] read more Nigerian business economy under fresh pressure as US-Iran war fires on
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Production costs, insecurity force farmers to retreat as planting season approaches
As the rainy season approaches, farmers across parts of Nigeria have raised fresh concerns over escalating production costs, warning that the trend could deepen food insecurity and worsen economic hardship for millions of households. In separate interviews, farmers lamented the persistent increase in the costs of agricultural inputs and transportation. They described the situation as […] read more Production costs, insecurity force farmers to retreat as planting season approaches
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Otedola hails Tinubu’s policies, says, there is hope for Nigeria
Billionaire businessman, Femi Otedola has revealed that despite current challenges, the country stands to gain from the ongoing reforms, embarked upon by President Bola Tinubu. Otedola posted this  on his verified X handle on Monday, where he disclosed that he discussed  Nigeria’s economic challenges with the President at his Ikoyi residence on Easter Sunday The meeting was […] read more Otedola hails Tinubu’s policies, says, there is hope for Nigeria
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Spiro expands electric mobility in Ogun with 1,000 bikes
Spiro, Africa’s leading provider of electric mobility solutions and battery swapping technology, has expanded its operations in Ogun State with the deployment of 1,000 new electric bikes to boost sustainable transportation across Nigeria. The fleet was officially inaugurated recently at the Gateway International Airport by President Bola Ahmed Tinubu and Prince Dapo Abiodun, Governor of […] read more Spiro expands electric mobility in Ogun with 1,000 bikes
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Nigeria tops Africa in food waste, EU sounds alarm
Nigeria tops Africa in food waste, losing an estimated 38 million tonnes annually, a situation the European Union has described as “alarming” due to its implications for food security, the economy, and the environment. Speaking in Abuja during the commemoration of International Day of Zero Waste on March 30, Zissimos Vergos, the EU’s deputy ambassador […] read more Nigeria tops Africa in food waste, EU sounds alarm
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Canada implements stricter hiring rules for low-wage foreign workers
Canadian employers are now required to extend vacancies for low-wage jobs, prioritising their citizens, which is expected to create few opportunities for foreign workers. These employers seeking to hire employees are now required to advertise low-wage vacancies for a minimum of eight continuous weeks before submitting a Labour Market Impact Assessment (LMIA) application. This update […] read more Canada implements stricter hiring rules for low-wage foreign workers
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Citihoms partners Enugu to train senior civil servants on fiscal oversight
Citihoms Finance Company partnered with the Government of Enugu State to host a three-day capacity-building workshop aimed at strengthening fiscal management and institutional accountability within the state’s civil service. The program, organised through the Office of the Head of Service and held from March 23 to 25, brought together directors and deputy directors of the […] read more Citihoms partners Enugu to train senior civil servants on fiscal oversight
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Bernardo Silva to leave Man City after nine trophy-laden years
Manchester City’s midfield maestro Bernardo Silva will depart the Etihad Stadium at the end of the 2025/26 season, assistant manager Pep Lijnders confirmed. The 31-year-old Portugal international, who has become a symbol of the club’s dominance under Pep Guardiola, will leave as a free agent when his contract expires this June. Read Also: Bernardo Silva […] read more Bernardo Silva to leave Man City after nine trophy-laden years
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From participation to power: Rethinking women’s leadership in Nigeria’s nonprofit sector
Women are powering Nigeria’s progress – but not leading it in equal measure. As Nigeria’s National and State Houses of Assembly get ready to consider the Reserved Seat for Women Bill that would improve women’s representation in government, it is worth asking the question: why do similar gaps exist in critical sectors, in particular, the […] read more From participation to power: Rethinking women’s leadership in Nigeria’s nonprofit sector
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