…edges up to 4.4% in March Kenya’s inflation rose for the first time in three months in March 2026, as higher food and energy-related costs began to reflect spillovers from escalating tensions in the Middle East. Data released by the Kenya National Bureau of Statistics on Tuesday showed annual inflation ticked up to 4.4 percent […] read more Kenya’s inflation rises for first time in three months amid Middle East crisis

Nearly two decades after the 2004 recapitalisation that reshaped Nigeria’s banking sector and cut the number of banks from 89 to 25, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, signalled another round in November 2023. By March 2024, the policy was formalised, with a 24-month compliance window from April 1, 2024 to March 31, […] read more CBN recapitalisation: Timeline showing how banks raised over N4.6tn

Nigeria’s wellness industry is growing, but it is still largely unstructured and undervalued. For Tolu Eletu, Founder and Wellness Director of Neubelle Med and Wellness Centre, this gap is both a challenge and an opportunity. “My dream is for the Nigerian wellness industry to become a respected and recognised profession,” she says. “I want people […] read more From Passion to Enterprise: How Tolu Eletu Is Shaping Nigeria’s Wellness Industry

Partnership between one of Britain’s leading schools and Rendeavour, Africa’s new city developer, confirmed by the UK Government as a landmark education investment; admissions open mid-April 2026 ahead of a 2027 school opening London, 25 March 2026 – Wellington College International Lagos was formally introduced to a distinguished London audience last week as the UK […] read more Wellington College International Lagos Welcomed in London Amid Historic UK–Nigeria State Visit

…seen rising to $107bn in 2025 African banking revenues have neared the $100 billion mark for the first time, with returns on equity outpacing the global average, McKinsey said, highlighting the sector’s growing economic importance and concentration in a handful of markets. In a new report, the global consulting firm said banking revenues across the […] read more African banks beat global peers on returns as revenues hit $99bn — McKinsey

The African Export-Import Bank (Afreximbank) said Tuesday it has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE. Afreximbank and Access Bank were appointed co-mandated lead arrangers for the five-year facility to consolidate existing financing, optimise its capital structure, and align with the refinery’s operational status […] read more Afreximbank leads $4bn Dangote Refinery loan with $2.5bn Commitment

Truecaller has crossed 500 million users globally. The Stockholm-headquartered company, listed on Nasdaq Stockholm, now sits at the centre of a quiet but profound shift in how people interact over the phone. What was once a basic utility, answering a call, has become a calculated decision, increasingly mediated by technology. Truecaller’s latest figures underline this […] read more Truecaller hits 500 million users as trust becomes the new currency of communication

With the deadline for political appointees seeking elective offices expiring today, anticipation has intensified over a wave of resignations ahead of the 2027 general election. The directive has fuelled widespread speculation within government circles, as top officials weigh their political ambitions against their current roles. Already, the Minister of Foreign Affairs, Yusuf Tuggar, and the […] read more Resignation deadline triggers cabinet members’ exits ahead of 2027 election

OneHealth Pharmacy, a foremost online pharmacy network in Nigeria, has launchd OneHealth ClinIQ Clinical Excellence Programme, a free, four-week blended training programme designed to equip frontline health professionals with the clinical framework they need to operate at the highest level of community-based care. Oladotun Ola-Egbinola, the Public Relations Manager said in a statement that the […] read more OneHealth unveils Free Clinical Excellence programme for frontline health professionals in Nigeria

Proceedings in the case involving Nasir El-Rufai, former Kaduna State governor, resumed on Tuesday at the Kaduna State High Court. The hearing took place four days after the burial of his mother, bringing renewed focus to the high-profile legal battle. Nasir El-Rufai arrived in court for his arraignment by the Independent Corrupt Practices and Other […] read more El-Rufai returns to court after mother’s burial for ICPC arraignment

The federal government has unveiled plans to improve energy access in the education sector, with Wale Edun, the minister of finance and coordinating minister of Nigeria’s economy, disclosing an initiative to power 50 tertiary institutions using off-grid solar solutions. Edun disclosed while speaking with journalists during the formalisation of the country engagement framework partnership agreement […] read more FG to power 50 tertiary institutions with off-grid solar — Edun

Despite being the world’s largest cassava producer, Nigeria is among the top global importers of ethanol, a cassava by-product. The country has failed to capitalize on its cassava production, as it spends millions of dollars yearly importing ethanol and other derivatives, thereby putting pressure on Nigeria’s foreign exchange reserves and creating thousands of jobs that […] read more Why Nigeria should stop importing ethanol its cassava produces

Lagos, Nigeria – March 2026 — Zedcrest Group, a leading financial services company, has taken a significant step in its strategic expansion with its Board’s approval of Ademola Akogun’s appointment as Managing Director, Investment Banking. This milestone follows the successful acquisition of the company’s Issuing House license, marking a pivotal expansion of its capabilities. With […] read more Zedcrest Appoints Ademola Akogun as Managing Director, Investment Banking

The Nigerian Education Loan Fund has addressed what it described as misinformation circulating about the monthly upkeep allowance for student beneficiaries under its scheme.   In a statement issued on Monday, the Fund clarified that the approved monthly stipend remains N20,000, contrary to reports suggesting an increase to N25,000.   The statement was signed by […] read more NELFUND refutes claims of upkeep allowance hike, maintains N20,000 monthly payment

The Nigerian Marine Environment Protection Association (NIMEPA), alongside its volunteers, has removed about 100 kilogrammes of waste from the shoreline of Atican Beach in Lagos. The cleanup exercise, the first organised by the association, focused on addressing the growing presence of non-degradable waste along Nigeria’s coastlines. Items collected included plastics, cans, food packaging and cigarette […] read more NIMEPA cleanup highlights waste crisis on Lagos shoreline

At 3:00 PM on Tuesday, March 24, 2026, the blueprint for the built environment in Nigeria underwent a fundamental shift. At 15a Emma Abimbola Cole Street, Lekki Phase 1, a landmark strategic alliance with Legrand, the global specialist in electrical and digital building infrastructure, became official. A partnership and structural move to combine architectural lighting […] read more Precise Lighting and Legrand Strike Alliance, A Bid to Redefine the Premium Space

A youth-led civic initiative, Polihive, has launched a digital platform aimed at helping young Nigerians verify information and take part in the electoral process. The platform, available at polihive.org, was introduced ahead of ongoing electoral activities. It seeks to address the role of digital media in shaping political views, especially among younger citizens. Users can […] read more Polihive platform helps youth verify information, participate in elections

Keji Giwa, founder of Digital Landlords, has presented a new development concept for the Okunde Bluewater Tourism Zone in Lagos, outlining a plan to reshape the city’s coastline into what he calls “Eko Miami”. The proposal sets out a model that links real estate, tourism and investment into a single system. Giwa said the concept […] read more Keji Giwa unveils “Eko Miami” as new Lagos coastal development plan

Nasiru Gawuna, former deputy governor of Kano State and the All Progressives Congress governorship candidate in the state’s 2023 election, has resigned from the party, citing a personal and voluntary decision to leave. In a resignation letter dated 29th March 2026 and addressed to the APC chairman in Gawuna ward, Nassarawa LGA, he formally ended […] read more Former Kano deputy governor Gawuna quits APC

The Lagos State Internal Revenue Service has extended the deadline for individual annual income tax returns by two weeks to 14th April, giving taxpayers additional time beyond the statutory 31st March cutoff to complete accurate filings. Executive Chairman Ayodele Subair, quoted in a statement signed by head of corporate communications Monsurat Amasa-Oyelude on Monday, said […] read more LIRS extends income tax filing deadline to April 14

Air Canada chief to step down after language row over condolence message Michael Rousseau, Air Canada’s chief executive will retire later this year following backlash over an English-only condolence message after a fatal air collision in New York. The incident, which killed two pilots including Quebec native Antoine Forest, triggered criticism from politicians and the […] read more WORLD IN BRIEF: Air Canada CEO to step down after language backlash, Spain blocks US war flights, Egypt holds rates amid Iran-driven inflation fears and other stories

In many of the environments I work in, across governments, partners, and institutions, there is a truth that is becoming increasingly difficult to ignore. Good ideas do not move on merit alone. They move when the conditions around them are right. This is not always comfortable to admit, particularly for those of us who have […] read more Why alignment moves systems more than ideas

Nigeria’s decades-long ambition to revive the Ajaokuta Steel Company faces renewed scrutiny as the federal government advances a £746 million export finance deal with the UK. The pact, signed by President Bola Ahmed Tinubu, aims to modernise Lagos’s busiest seaports, but stakeholders say it primarily strengthens Britain’s steel industry. The deal includes a £70 million […] read more Ajaokuta’s uncertain future: Nigeria’s steel ambition amid UK deal

There is a familiar proverb that captures Nigeria’s current cinema reality. It is like allowing someone else to eat your lunch while you remain hungry. The latest box-office figures from Nigeria’s cinema industry reveal an uncomfortable truth that foreign studios are feasting on a market built largely by Nigerian creativity, culture and audience demand. In […] read more Rethinking Nollywood’s place in Nigeria’s cinema economy

The landscape of work in Nigeria has undergone a radical transformation over the last few years. In high-brow neighbourhoods from Lekki to Maitama, a new generation of professionals is redefining the traditional career path. These are the digital nomads and remote specialists—individuals who physically reside in Nigeria but provide services to employers in San Francisco, […] read more The borderless pay cheque

Every morning in Lagos, before traffic fully awakens, another economy is already at work. It does not wear suits. It does not hold board meetings. It does not trend on economic panels. But it moves – quietly, urgently – through the streets of Agege, Ajah, Mushin, Surulere, and Ikorodu. It is the economy of waste. […] read more Green hustles: The new economy of waste recycling in Lagos

read more BusinessDay 31st Mar 2026

For many years, China Peters, a Benue State farmer, cultivated yams and cassava on a large acre of land that provided his family with a livelihood. After several planting seasons enjoying peace and calm in his community, calamity struck when attacks over land ownership and insurgency made him and other farmers abandon their farms, forcing […] read more Land conflicts force farmers off fields, hamper food security

Nigeria’s banks are now bigger than ever, thanks to the sweeping recapitalisation drive by the Central Bank of Nigeria (CBN), which has reshaped balance sheets and strengthened buffers across the industry. But while the capital-raising cycle has enabled 32 lenders to raise as much as N4.61 trillion, according to official figures, analysts worry whether larger […] read more Nigeria’s bigger banks face credit test as recapitalisation ends

…CBN cites systemic risk in Union Bank’s case Union Bank of Nigeria Plc has been plunged into a deepening governance crisis after a court ruling overturned regulatory intervention, setting off a high-stakes legal battle that now pits investor rights against financial stability concerns in Africa’s most populous nation. The Central Bank of Nigeria (CBN) has […] read more Union Bank caught in board tussle as recapitalisation ends

…To take effect April 1 Nigeria’s fast-growing solar power sector is facing a new constraint as China moves to dismantle the export subsidies that once made renewable hardware historically cheap. For years, developers and households across Africa’s most populous country benefited from a flood of low-cost Chinese solar modules, which underpinned everything from rooftop installations […] read more Nigeria’s solar boom hits cost wall as China ends export subsidies

Fresh anxieties regarding Nigeria’s intelligence capabilities and security framework have surfaced following a tragic massacre in Jos North Local Government Area. Despite early warnings originating from neighbouring regions in Plateau State, the assault claimed at least 28 lives, with the death toll expected to rise as more information emerges. Only days before this tragedy, inhabitants […] read more Jos massacre exposes gap in intelligence gathering

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Individual annual tax returns by two weeks, from April 1 to April 14, 2026. In a statement issued on Monday, the Executive Chairman of LIRS, Dr. Ayodele Subair, explained that the statutory deadline for filing of individual annual tax returns is […] The post Lagos Taxpayers Get Two-Week Extension for Annual Returns Filing appeared first on Business Today NG.

Nigeria’s revenue is set to witness a boost as the Nigerian National Petroleum Company (NNPC) Limited has recorded a significant milestone with the introduction and lifting of 950,000 barrels of Cawthorne Blend crude into the global market.  The feat was a atement by the Sahara Group on Monday, as the company said it welcomed the […] The post More Revenue For Nigeria As NNPC Exports 950,000 Barrels Cawthorne Blend Crude appeared first on Business Today NG.

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has stepped down from his position in the administration of President Bola Ahmed Tinubu, citing appreciation for the opportunity to serve. In his resignation letter, Tuggar commended the government’s “4D Foreign Policy Strategy” and acknowledged the support of ministry staff and the diplomatic community during his […] The post Foreign Minister Yusuf Tuggar Steps Down from Tinubu’s Cabinet appeared first on Business Today NG.

Lionel Messi will lead the line for Argentina in a high-profile friendly against Zambia on Tuesday, March 31, 2026. Head coach Lionel Scaloni confirmed that the 38-year-old will lead a full-strength side after starting from the bench in Friday’s underwhelming 2–1 win over Mauritania. Read Also: Lionel Messi: The Greatest Footballer Of All Time “Messi […] read more Messi to start for Argentina in World Cup send-off against Zambia