Click to read on our premium site. read more BusinessDay 15th Apr 2026

BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has announced that pension fund returns surpassed inflation as of March 2026, marking a significant milestone in restoring the real value of contributors’ savings. The Director-General of PenCom, Omolola Oloworaran, disclosed this during her welcome remarks at the first bi-annual roundtable discussion between PenCom and  the leadership of […] The post Pension Fund Returns Outpace Inflation in March 2026 — PenCom appeared first on Business Today NG.

Nigeria’s inflation is expected to rise in March ahead of its publication tomorrow, triggered by the escalating United States-Iran war, which has since rippled through global energy markets, analysts surveyed by BusinessDay said. The projected rise in prices will end the 11 consecutive months of declining inflationary pressures, placing authorities in a difficult position regarding […] read more Analysts see inflation rising as Iran war ripples through fuel, food

…cuts Nigeria’s growth to 4.1 percent in 2026 The International Monetary Fund (IMF) trimmed Nigeria’s 2026 growth outlook to 4.1 percent from 4.4 percent on Tuesday, warning that even a rally in oil prices won’t be enough to insulate the country from wider global volatility. While the IMF noted that higher crude revenues offer some […] read more Oil gains won’t shield Nigeria, IMF warns

The influx of new carriers into Nigeria’s aviation sector has triggered a surge in competition, keeping airfares stable across local destinations despite a sharp rise in the price of aviation fuel. A wave of new airlines has emerged in recent months, including Pioneer Airlines, backed by the Bayelsa State Government; Binani Airlines, owned by Senator […] read more Airfares hold steady as new airlines offset jet fuel price surge

Nigeria is accelerating a sweeping digital overhaul of its federal civil service, deploying artificial intelligence and expanding paperless operations in a bid to reduce bureaucratic delays and improve the country’s appeal to investors. Didi Esther Walson-Jack, head of the civil service of the federation, said the reforms are already reshaping how government interacts with businesses, […] read more Nigeria adopts AI-driven civil service overhaul to cut delays, lure investment

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000 […] read more Paddy rice price slump disrupts farming cycle

…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership […] read more David Mark leads ADC opposition charge for 2027, despite hurdles

Kola Ologbodiyan,A chieftain of the African Democratic Congress (ADC),  has said the 2027 general election will be a defining contest between Nigerians and President Bola Tinubu, dismissing the influence of money as a deciding factor in the race. Ologbodiyan made the assertion amid growing concerns by opposition parties that the current administration is attempting to […] read more Money won’t decide 2027, Nigerians will – Ologbodiyan

Africa’s oil market in 2026 reflects a paradox vast crude reserves but limited downstream strength. The continent holds roughly 7–8 percent of global proven oil reserves, yet captures only a fraction of refining value due to constrained capacity and chronically low utilisation, often below 50 percent Against that backdrop, a handful of large-scale refineries are […] read more 7 largest oil refineries in Africa in 2026

African leaders have intensified calls for a strategic shift away from aid dependence toward investment-driven growth, underscoring the need for the continent to harness its vast resources and strengthen economic integration to secure long-term prosperity.   Speaking at the 4th Edition of the African Heritage Awards in Accra, John Dramani Mahama, Ghana’s President, cautioned against […] read more Mahama, Adesina warn against aid reliance, back AfCFTA as catalyst for African growth

…as NRS commissions new 16-floor facility   In a bid to improve service delivery and sustain strong revenue growth, the Nigeria Revenue Service (NRS) has been urged to leverage technology, deepen efficiency, and strengthen compliance through trust and transparency.     Speaking at the commissioning of the new NRS headquarters in Abuja, Taiwo Oyedele, Minister […] read more NRS urged to leverage technology to sustain revenue growth, improve service delivery

Tensions in the Gulf have entered a dangerous new phase after the United States moved to block maritime traffic linked to Iranian ports, a step that could reshape global energy flows and push an already fragile ceasefire closer to collapse. According to the BBC, Washington has begun enforcing a naval blockade aimed specifically at ships […] read more Why the US is blockading Iranian ports, what it means for global trade

Israel and Lebanon have held their first direct diplomatic talks since 1993, in a rare and delicate effort to contain a conflict that has steadily intensified along their shared border. The meeting, mediated by Marco Rubio, US Secretary of State in Washington, brought together officials from two countries that do not maintain formal diplomatic relations. […] read more Israel, Lebanon hold first direct talks in over 30 years amid escalating conflict

Against the backdrop of public criticism of the ongoing tax reform policies, President Bola Tinubu, on Tuesday, charged the Nigeria Revenue Service NRS, to restore public confidence, trust and ensure fairness in the implementation of the nation’s tax system Tinubu gave the charge, while inaugurating the 16-storey Head Office Complex of the NRS in Abuja. […] read more Tinubu charges NRS to restore confidence, fairness in tax reforms implementation

The Federal House of Representatives has raised fresh alarm over the scale of devastation caused by years of violence in Plateau State, revealing that over 18,000 houses have been destroyed and about 80,000 persons displaced. This was revealed on Tuesday in Jos as Federal and Plateau State leaders, alongside key stakeholders, met in Jos for […] read more 80,000 displaced, 18,000 homes destroyed in Plateau, Reps raise alarm

Liverpool crashed out of the UEFA Champions League after a 2-0 quarter-final second-leg defeat to Paris Saint-Germain (PSG) at Anfield, sealing a 4-0 aggregate loss. Ousmane Dembele struck twice to send Luis Enrique’s PSG into the semi-finals, where they will face either Bayern Munich or Real Madrid. Read Also: Lookman strike sends Atletico into first […] read more Dembele double ends Liverpool’s Champions League hopes

Nigeria’s criminalisation of attempted suicide is worsening outcomes, fuelling stigma and deterring people from seeking help, mental health experts have warned, calling for an urgent review of existing laws. This was brought to the fore at a webinar organised by the National Task Force on the Decriminalisation of Attempted Suicide. The National Taskforce on Decriminalisation […] read more Nigeria’s attempted suicide laws worsening cases, experts warn

The Federal Government has defended the April 11 airstrike on the Jilli axis in Gubio Local Government Area of Borno State, describing it as an intelligence-led operation targeting an insurgent enclave, while ordering an investigation into the incident. In a statement issued Tuesday in Abuja, Mohammed Idris, minister of information and national orientation, said the […] read more FG defends intelligence-led strike on Borno terror hub, orders probe

Jude Bellingham has described Real Madrid’s UEFA Champions League quarter-final second leg against Bayern Munich as a season-defining encounter, with the Spanish giants facing the prospect of another trophy-less campaign. Madrid trail 2-1 from the first leg and must overturn the deficit in Munich to keep their hopes of silverware alive. Real Madrid: Champions League: […] read more Bellingham: Bayern clash will define Real Madrid’s season

Godswill Akpabio, Nigeria’s Senate President, has attributed the rise in insecurity to tactics employed by opposition political parties to distract the ruling party ahead of the 2027 general elections. Akpabio, who spoke at the inauguration of the Nigeria Revenue Service Headquarters in Abuja, on Tuesday, said that recent security incidents were politically motivated and designed […] read more Why insecurity is spiking across Nigeria -Akpabio

The Borno State Government has announced that it has spent N3 billion on establishing a quarry centre and procured 70 trucks to commence the reconstruction of rural roads across the state, which were destroyed by a decade-long Boko Haram conflict. Governor Babagana Zulum announced this during the flag-off and distribution of 35 brand-new Howo pickup […] read more Boko Haram: Borno spends N3bn to establish quarry, acquire trucks to reconstruct rural roads

The Development Bank of Nigeria (DBN) has strengthened its push for inclusive economic growth and small business development with the graduation of the first cohort of its Innovation Hub Acceleration Programme and the unveiling of a second batch of entrepreneurs in Kaduna State. The milestone event, held today Tuesday as a combined graduation and unveiling […] read more DBN graduates first Innovation Hub cohort, unveils new entrepreneurs in Kaduna

John Oyegun, a former National Chairman of the All Progressives Congress (APC), has said officials of the current administration will be held accountable for their actions if the African Democratic Congress (ADC) takes over power in 2027. Oyegun made the remarks on Tuesday at the national convention of the ADC led by David Mark in […] read more 2027: APC govt officials will face consequences after our victory — Oyegun

Planet Talk, a technology-driven platform, has expanded its footprint to Ireland in United States in its global growth journey and support for migrant communities. The expansion, described as a significant milestone, reinforces its commitment to making cross-border communication and family support more seamless and accessible ‎The expansion follows successful launch in France and Canada. In […] read more Planet Talk expands footprint to Ireland in global support for migrant communities

As Nigeria’s electric power sector continues to evolve, the Nigerian Electricity Regulatory Commission (NERC) has introduced the Mini-Grid Regulations, 2026 – a game-changing framework designed to accelerate electrification, foster innovation, and protect investments. To adequately take advantage of these changes, understanding these regulations is crucial for navigating opportunities and risks in mini-grid development, operation, and management. […] read more NERC’s April 2026 regulations: Unlocking Nigeria’s mini-grid revolution, what players should know

David Mark, the embattled National Chairman of the African Democratic Congress (ADC), has declared that the party will not back down in its quest to take power in 2027, insisting that the fight is about the survival of Nigeria’s democracy. Speaking on Tuesday at the party’s national convention in Abuja, Mark said the ADC remains […] read more 2027: We’ll not surrender — David Mark

Peter Obi, former presidential candidate, has raised alarm over Nigeria’s worsening socio-economic conditions, warning that the country risks further decline if urgent steps are not taken to address its challenges. Obi spoke on Tuesday at the national convention of the African Democratic Congress (ADC) led by David Mark in Abuja. The former Anambra State governor, […] read more 2027: Nigeria is on the brink — Peter Obi

The national convention of the African Democratic Congress (ADC), led by former Senate President David Mark, has expelled Nafiu Bala Gombe, and members of his faction over alleged anti-party activities. Gombe and his loyalists were expelled during the party’s convention held on Tuesday in Abuja, with party leaders accusing them of actions deemed detrimental to […] read more ADC convention expels Nafiu Gombe, others over ‘anti-party activities’

Nigeria is moving to tax company profits that are kept within the business rather than paid out to shareholders, ending a long-standing practice that allowed firms to defer tax by retaining earnings. The change means companies may now face tax on retained earnings even when no dividend is declared, as authorities are empowered to treat […] read more Nigeria targets retained earnings in fresh tax push

In line with commitment to driving innovation and supporting a more efficient and transparent capital market, the Central Securities Clearing System Plc (CSCS), has rolled out a range of new services aimed at improving investor experience, fostering inclusion, and strengthening market resilience. The new introductions which are Joint Accounts, Premium Investor Tiers, API Access, and […] The post CSCS Launches New Services to Boost Investor Experience in Capital Market appeared first on Business Today NG.

Nigeria is accelerating a sweeping digital overhaul of its federal civil service, deploying artificial intelligence and expanding paperless operations in a bid to reduce bureaucratic delays and improve the country’s appeal to investors. Didi Esther Walson-Jack, head of the civil service of the federation, said the reforms are already reshaping how government interacts with businesses, […] read more Nigeria’s AI-driven civil service overhaul aims to cut delays, lure investment

Nine months after signing a management deal with Roc Nation in July 2025, Ayra Starr’s streaming numbers remain among the strongest in Afrobeats. Yet recent chart performance shows a shift: consistent catalogue depth in Africa but softer peaks for new singles compared with her pre-deal breakout phase. As of April 10, 2026, Ayra Starr has […] read more Ayra Starr’s Roc Nation deal tests Afrobeats’ global reach

The National Pension Commission (PenCom) and the Trade Union Congress of Nigeria (TUC) are strengthening ties to drive a new phase of reforms aimed at improving retirement outcomes, expanding coverage, enforcing compliance, and ensuring Nigerian workers retire with dignity. Omolola Oloworaran, director general, PenCom in her welcome remarks at the First Bi-Annual Roundtable Discussion between […] read more PenCom, TUC deepen collaboration to secure dignified retirement for Nigerian workers

BY SUNDAY SAMUEL— Former Governor of Kaduna State, Mallam Nasir Ahmad El-Rufai, has pleaded not guilty to a nine-count charge filed against him by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged advance fee fraud and money laundering. El-Rufai made his plea on Monday during his arraignment before Justice Darius Khobo […] The post appeared first on Business Today NG.

A chieftain of the African Democratic Congress (ADC), Buba Galadima, has declared that the party is confident of defeating President Bola Ahmed Tinubu in the 2027 general election, regardless of the candidate it fields. Galadima made the remark at the party’s national convention in Abuja, held under the leadership of former Senate President David Mark. […] read more 2027: ADC will defeat Tinubu even with a ‘corpse’ candidate — Galadima