A strong currency remains one of the clearest signals of macroeconomic discipline, investor confidence and external stability. Across Africa, only a handful of economies have managed to sustain relatively firm exchange rates against the United States dollar, often reflecting tighter monetary policy, export strength, or managed currency regimes. In early March, the naira was stable […] read more 7 African countries with the strongest currencies/$ as of March 2026

Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress (APC), has cautioned the David Mark-led leadership of the African Democratic Congress (ADC) against dragging President Bola Tinubu into the party’s internal crisis. Oyintiloye described the allegations linking Tinubu to the ADC’s troubles as “disturbing and inaccurate,” urging the embattled leadership to be honest with Nigerians […] read more Leave Tinubu out of your woes, APC chieftain tells ADC

Europe, like Nigeria, has a housing crisis and a construction industry that can’t keep up. But, unlike Nigeria, Europe has, to a considerable extent, adopted a new construction method after governments have exhausted most quick solutions, and the construction industry is struggling to modernise. In Nigeria, supply efforts are too little to meet demand. Europe […] read more Lessons for Nigeria from Europe on solution to housing crisis

Investment interest has continued to swell in Eko Atlantic City, with many investors flocking to the city and joining the league of residential and office tower developers. The latest arrival in the city is Veritasi Homes and Properties, which, in collaboration with Cooperative Investment and Thrift Society Limited (COOPLAG), recently turned the sod to build […] read more More investment interest in Eko Atlantic as developer turns sod for 22-floor tower

The Rural Electrification Agency (REA) has recorded another milestone in its funding disbursement efforts to support renewable energy projects across the country. In this latest round, N7.95 billion was disbursed to Havenhill to finance critical equipment for four mini-grid power projects across Taraba, Kwara, and Kogi States. Similarly, N1.056 billion was released to Faraday & […] read more REA disburses N9bn for mini-grids in Taraba, Kwara, Kogi, Niger

Every morning for eleven years, Chukwuemeka Duru started his day the same way by yanking a pull cord on a 45-kilowatt diesel generator behind his Mobil filling station on Lagos-Ibadan Expressway, bracing himself for the roar and the fumes. Last October, he yanked it for the last time. A 72-panel solar array now sits on […] read more Nigeria’s petrol stations are ditching diesel, solar is moving in

Nigeria and 13 other African countries are set to benefit from a $11.3m renewable energy financing initiative approved by the African Development Bank, aimed at expanding electricity access to underserved and fragile communities across the continent., The bank said the facility, designed to support Peace Renewable Energy Certificate (P-REC) mini-grid projects, will provide power to […] read more Nigeria, others to benefit from AfDB’s $11.3m energy fund

Schneider Electric is positioning itself at the intersection of two of the world’s most pressing industrial challenges: feeding the insatiable power appetite of AI workloads and doing so without overwhelming fragile electricity grids as artificial intelligence rewrites the economics of computing. The French energy management giant is pushing an integrated vision for what it calls […] read more Schneider Electric bets big on AI-era data centres as power demands surge

Flight operations at the Nnamdi Azikiwe International Airport (NAIA), Abuja, faced significant disruption on Monday as a technical failure in the domestic terminal’s baggage screening equipment forced a shift in standard processing procedures. The glitch, which has impacted the speed of baggage check-in and aircraft loading, prompted an immediate operational “pivot” by airport management to […] read more Technical glitch delays baggage processing at Abuja airport

As Nigeria intensifies its efforts to modernise its education sector, the Tertiary Education Trust Fund’s (TETFund) endorsement of the Blackboard Learn Learning Management System (LMS) marks a pivotal shift toward scalable digital learning. The decision reflects a broader commitment to standardising e-learning tools and improving their accessibility, quality, and resilience across higher education. TETFund recently […] read more Blackboard LMS wins TETFund’s nod in Nigeria’s digital learning expansion

From Street Football to Global Stage In the vibrant football culture of Lagos, where the game thrives on every available patch of ground, a remarkable new talent is beginning to capture attention in Europe: eight-year-old Samson Azeez, fondly known as “Kekere.” His journey from playing barefoot in local neighbourhoods to featuring in an international tournament […] read more From Lagos to Europe: Nigeria’s ‘Kekere’ Azeez making football waves

Accion Microfinance Bank is stepping up efforts to deepen financial inclusion among women, partnering with GirlLearn Africa to equip female entrepreneurs with digital and financial skills seen as critical to growth. The lender hosted a conference in Lagos on March 27 themed “Driving Women’s Digital & Financial Empowerment,” bringing together business leaders, professionals and customers […] read more Accion MfB targets women-led growth with digital, financial inclusion drive

…digital transformation, wealth management, regional diversification drive earnings Kenyan banks delivered record earnings in 2025 despite a rate-cutting cycle, highlighting the sector’s resilience and shifting revenue model. The combined after-tax profit of 11 listed lenders attributed to shareholders rose by 15.7 percent to KSh280.4 billion ($2.16 billion) from KSh242.3 billion ($1.86 billion) in 2024, according […] read more Kenyan banks see record $2.16bn profit despite rate cuts

A new grassroots initiative in Lagos is putting power directly into homes while teaching Nigerians how to better understand and manage it. The new electricity support programme is taking root as Pawa Play Digital Limited, in partnership with Kosofe Local Government Area, launches a token-based intervention aimed at easing energy access for vulnerable households and […] read more Power for All: Pawa Up Naija Lights Homes, Drives Energy Literacy in Lagos Pilot

There are musicians who become famous, and there are musicians who become eras. Bobby Benson belongs firmly to the second category. To write about him is not simply to revisit the career of a gifted Nigerian bandleader, singer and entertainer. It is to enter the noisy, stylish, fast-changing world of urban Nigeria in the decades […] read more Bobby Benson and the sound of early Lagos

Josplay is using a new partnership with Sony Music Entertainment to push a different kind of streaming technology, one built on cultural context rather than global scale. The deal brings more than 4,000 African and Lusophone recordings into Josplay’s catalog, including titles distributed by The Orchard. But beyond content, the agreement highlights a deeper shift […] read more Josplay, Sony Music Entertainment, partner to fix African music discovery

Nigerian companies are spending about $850 million annually on foreign cloud services, embedding the country’s fast-growing digital economy into infrastructure located thousands of kilometres away and increasingly exposed to geopolitical risk. That risk came into sharp focus in March 2026, when Iranian drone strikes hit AWS facilities in the UAE and Bahrain. Though, Nigeria recorded […] read more Nigeria’s $850m foreign cloud bet leaves fintechs exposed to global shocks

There are business leaders who master a sector, and there are rarer figures who learn how to build systems that outlive them. Aigboje Aig-Imoukhuede belongs firmly in the second category. In banking, investment, philanthropy and now cultural advocacy, he has built a public identity around one enduring idea: institutions matter. Not just profitable institutions. Not […] read more The discipline of building what truly endure

Galatasaray have received a major boost with Victor Osimhen closing in on a return from injury after fears his season could be cut short. The Nigerian striker is recovering well from a fractured right forearm sustained in mid-March 2026 and has already resumed gym work following successful surgery in Istanbul. Read Also: Osimhen effect boosts […] read more Galatasaray boost as Victor Osimhen nears injury comeback

The Katsina State Police Command has confirmed bandits’ attack in Matazu local government area of the State as one officer and two other people died. DSP Abubakar Sadiq, the Command Public Relations Officer, confirmed the attack in Katsina on Monday saying police in the area also foiled further assault. “On April 5th, 2026, suspected armed […] read more Policeman, two others killed as bandits attack Matazu, Katsina

Nigerian Breweries PLC, foremost beverage manufacturing firm in the Country has instituted an entrenuership scheme tagged, “Nwa Boi Life Experience”. The scheme, which is aimed at developing new generation of successful beer merchants, was developed from the popular Igbo apprenticeship system, know as Igba Boi. Addressing the press on Sunday at the Enyimba International Stadium, […] read more Nigerian Breweries to empower 30 entrepreneurs in Life Nwa Boi Experience

A large-scale child health intervention in northern Nigeria has reached 15.76 million children in just over two years, underscoring both the potential of mass public health campaigns and the challenge of sustaining them without long-term domestic funding. The Safety and Antimicrobial Resistance of Mass Administration of Azithromycin in Nigeria (SARMAAN) Project, an evidence-based programme targeting […] read more Nigeria’s child survival drive reaches 15.8m as sustainability questions loom

…Says exercise targeted at Alli, Oyo senator …We want tradition, modern governance to deliver progress to Oyo – Makinde Save Oyo Movement (SOM), a Group in Ibadan, the Oyo State capital, has accused Governor Seyi Makinde of wasting billions of State funds on irrelevant ventures, “especially the recent coronation of high chiefs in Ibadan, on […] read more Group accuses Makinde of ‘wasting’ over N1.5bn on chiefs’ coronation

The Nigeria Data Protection Commission (NDPC) has commenced an investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Bank and other entities, underscoring heightened regulatory scrutiny in Nigeria’s digital payments ecosystem. In a statement issued on Sunday by Babatunde Bamigboye, Head of Legal, Enforcement and Regulations, the Commission disclosed that a Notice […] read more NDPC probes Remita, Sterling Bank over alleged data breach 

…Fears of opposition capture grow The deepening crisis within the People’s Democratic Party (PDP) has taken a more troubling turn, as optimistic presidential aspirant and founding member, Gbenga Hashim, is now weighing the option of exiting the party amid the collapse of reconciliation efforts and growing fear of opposition capture. What began as an internal […] read more Gbenga Hashim weighs PDP exit as reconciliation efforts collapse

Edo State Governor Monday Okpebholo has said that his Administration will establish another 100 Megawatts (MW) of electricity in the Edo Central Senatorial District. Governor Okpebholo said the establishment of the 100MW of electricity would make it 200 mega watts of electricity to be established in the State by his Administration. He disclosed this while […] read more Okpebholo decentralises power generation, boosts electricity in Edo by 100MW

As part of key resolutions reached at its State Executive Council meeting last week Thursday, the Akwa Ibom State Government has approved 39 development projects and adopted a comprehensive policy framework for senior citizens. Presided over by Umo Eno, the State Governor, the meeting focused on accelerating the delivery of the administration’s ARISE Agenda, while […] read more Eno approves 39 development projects in Akwa Ibom 

…Intercepts bandits’ female drug supplier with Colorado …Nabs pastor, wife for drug trafficking Operatives of the National Drug Law Enforcement Agency (NDLEA) have successfully dismantled a drug trafficking syndicate, that conceal cocaine in tins of palm kernel extract Femi Babafemi, NDLEA Director of Media and Advocacy, stated this in a statement on Sunday. Babafemi revealed […] read more NDLEA uncovers cocaine in palm kernel oil cans, arrests kingpin

At least 14 people killed in Israeli strikes across Lebanon Hezbollah said it fired rockets into Israel in response to the United States-Israeli war on Iran, while Israeli forces have also launched a ground incursion into southern Lebanon. On Sunday, Hezbollah claimed it targeted an Israeli warship with a cruise missile approximately 126km off the […] read more WORLD IN BRIEF: Israeli strike kills 14 in Lebanon, Trump threatens ‘hell’ for Iran, Traoré slams democracy and other stories

The ongoing United States-Israel-Iran war which started on February 28, 2026 has been described in its impact on global supply of oil and gas as “unprecedented in its immediate scope.” The International Energy Agency’s early assessment of the current crisis has established that its impact is greater than the combined effect of the 1973 Arab […] read more The war in Iran and its ripple effects on international energy markets

The ongoing United States-Israel-Iran war which started on February 28, 2026 has been described in its impact on global supply of oil and gas as “unprecedented in its immediate scope.” The International Energy Agency’s early assessment of the current crisis has established that its impact is greater than the combined effect of the 1973 Arab […] read more The war in Iran and its ripple effects on international energy markets

The war in the Middle East may be geographically distant, but its economic consequences are now embedded in the daily realities of Nigerians. Ruth Tene Natsa looks into its impact on everyday Nigerians as they navigate the unstable and irregular oil price fluctuation…. In Abuja, the effects are stark and immediate. Commuters are paying nearly […] read more Collateral damage: how the Middle East war is deepening Nigeria’s transport and food crises

The war in the Middle East may be geographically distant, but its economic consequences are now embedded in the daily realities of Nigerians. Ruth Tene Natsa looks into its impact on everyday Nigerians as they navigate the unstable and irregular oil price fluctuation…. In Abuja, the effects are stark and immediate. Commuters are paying nearly […] read more Collateral damage: how the Middle East war is deepening Nigeria’s transport and food crises

He also said the Federal Ministry of Communications, Innovation and Digital Economy noted recent developments in the Nigerian telecommunications sector regarding the acquisition of IHS towers by MTN Group. “Over the past two years, under the leadership of President Bola Ahmed Tinubu, this administration has taken deliberate steps to stabilise and strengthen the telecommunications sector […] read more President Bola Ahmed Tinubu and The King’s College tie (Continuation)

The global AI power crisis and Nigeria’s gas flaring epidemic are not two problems. They are one. Every day, Nigeria burns approximately 192 million standard cubic feet of natural gas – gas with no buyer, no pipe, and no use. It simply flares into the atmosphere. The World Bank confirmed in 2025 that Nigeria recorded […] read more Nigeria is flaring the answer to the world’s biggest tech problem

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central Bank of Nigeria (CBN) to submit Board-approved Risk-Based Capital (RBC) stress test reports, marking a tougher phase of oversight after the industry’s recapitalisation exercise. The directive, issued March 6, 2026, requires banks to assess how their capital positions would hold […] read more Banks face April deadline in new capital stress regime