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Reconciliation still possible after PDP factional convention — Gbenga Hashim
A presidential aspirant on the platform of the People’s Democratic Party (PDP), Gbenga Hashim, has said that reconciliation within the party was still achievable despite the recent National Convention held in Abuja, by a faction backed by Nyesom Wike. While reacting to developments after the convention, Hashim maintained that the PDP cannot afford to sideline […] read more Reconciliation still possible after PDP factional convention — Gbenga Hashim
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If I were President Tinubu…
It’s Lonely at the Top. This is the title of a book I once read, written by Dominic Hudson. It is a thought-provoking exploration of success, leadership, and the profound solitude that often accompanies standing out. With a narrative that questions what it means to create and connect, Hudson delves into how even the extraordinary […] read more If I were President Tinubu…
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Nigeria tightens vehicle importations with mandatory pre-shipment certification
The Nigeria government has made safety certification a mandatory prerequisite for all vehicle importations, moving from a post-entry inspection to pre-shipment verification. Under the Standards Organisation of Nigeria–National Automotive Design and Development Council Vehicle Conformity Assessment Programme (VehCAP) announced Tuesday, all new and used vehicles must obtain pre-shipment certification before they can be approved for […] read more Nigeria tightens vehicle importations with mandatory pre-shipment certification
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CBN says banks stronger after N4.65trn recapitalisation drive
…Flags ongoing cases for some lenders, as 33 meet capital requirements The Central Bank of Nigeria (CBN) on Wednesday said the country’s banking sector has emerged stronger following the conclusion of a 24-month recapitalisation programme that saw lenders raise a combined N4.65 trillion in new capital. The exercise, which began in March 2024, drew participation […] read more CBN says banks stronger after N4.65trn recapitalisation drive
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OMO demand moderates as CBN sells N2.6trn
The demand for the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) bills remained strong at the latest auctions but it slowed from recent highs, as the apex bank sold about N2.6 trillion. This shows that liquidity in the system is easing but remains strong enough to sustain demand, signalling a shift from excess […] read more OMO demand moderates as CBN sells N2.6trn
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CBN faces a tightrope of policy choices
Nigeria’s Central Bank could face a potential tightening dilemma, where every choice carries a measurable cost, driven by a policy trilemma that requires balancing inflation control, economic growth, and currency stability as global shocks intensify. What had seemed like a steady disinflation path over the past 11 months risks disruption if fuel prices continue to […] read more CBN faces a tightrope of policy choices
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33 banks raise N4.65trn to meet new capital thresholds
Nigerian banks raised a total of N4.65 trillion in fresh capital over a two-year recapitalisation drive, with 33 lenders meeting revised minimum requirements set by the Central Bank of Nigeria (CBN), according to a statement released on Wednesday, a day after the exercise ended. The programme, launched in March 2024, drew strong participation from both […] read more 33 banks raise N4.65trn to meet new capital thresholds
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Akinyemi former Group Deputy Managing Director of UBA joins Transcorp Hotels board
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp), has appointed Muyiwa Akinyemi as an Independent Non-Executive Director to its Board of Directors, with effect from April 1, 2026. Akinyemi recently served as Group Deputy Managing Director of United Bank for Africa (UBA) Plc, with oversight for the bank’s Nigeria-wide business operations, comprising […] read more Akinyemi former Group Deputy Managing Director of UBA joins Transcorp Hotels board
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FG introduces “no certification, no entry” rule for imported vehicles
#import read more FG introduces “no certification, no entry” rule for imported vehicles
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Russian military plane crash kills 29 in Crimea
A Russian military transport aircraft has crashed in occupied Crimea, killing all 29 people on board, according to the BBC, citing Russia’s defence ministry. The Soviet era Antonov An-26 went down during what officials described as a routine flight over the peninsula on Tuesday. Contact with the aircraft was lost at about 18:00 local time, […] read more Russian military plane crash kills 29 in Crimea
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CSCS optimises investor onboarding services to improve market access, efficiency
The Central Securities Clearing System Plc (CSCS) has enhanced its investor onboarding processes aimed at improving efficiency, strengthening service delivery, and enhancing the overall experience for participants in the Nigerian capital market. CSCS serves as the Central Depository for Equities, Commercial Papers, Corporate Bonds, Sub-National Bonds, certain Sovereign Bonds (such as the FGN Sukuk and […] read more CSCS optimises investor onboarding services to improve market access, efficiency
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Why value-chain financing is key to Africa’s agricultural growth
Africa’s agricultural transformation may hinge less on how much funding is available and more on how intelligently it is deployed across the value chain. This was stated by industry leaders at a recent BusinessDay Future of Agriculture Conference, held on Wednesday, March 25, 2026. During the event, stakeholders argued that fragmented financing continues to weaken […] read more Why value-chain financing is key to Africa’s agricultural growth
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Police launch 2026 National Police Day with sanitation drive in Abuja
The Federal Capital Territory Police Command on Monday flagged off activities marking the 2026 National Police Day celebration with a community sanitation exercise and free medical outreach in Area 1, Abuja, as part of efforts to strengthen public trust and promote community wellbeing. The initiative, led by Ahmed Muhammad, Commissioner of Police,  commenced in the early […] read more Police launch 2026 National Police Day with sanitation drive in Abuja
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SoundCloud launches ‘Follower Exclusive Releases’ to reward loyal fans
SoundCloud has introduced a new tool allowing artists to release music exclusively to their followers first, either temporarily or permanently, giving creators a direct way to engage their most dedicated supporters before wider distribution. The feature, available to Artist Pro subscribers and dubbed ‘Follower Exclusive Releases,’ enables artists to gate tracks behind a simple follow. […] read more SoundCloud launches ‘Follower Exclusive Releases’ to reward loyal fans
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Nigeria bets on satellites, startup partnerships to unlock $1.5bn digital economy growth
Nigeria is pushing closer cooperation between government agencies and startups to unlock new growth in its digital and space economy, as the country plans new satellites and expands broadband infrastructure to support innovation and economic development.   Nigeria is increasingly looking to space technology and digital startups as new engines of growth, especially as connectivity, […] read more Nigeria bets on satellites, startup partnerships to unlock $1.5bn digital economy growth
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Konga unveils nationwide deals to capture Easter holiday demand
Konga has launched a nationwide Easter shopping campaign with deep discounts across electronics, household goods and fast-moving consumer products, in a push to capture rising seasonal demand from price-conscious Nigerian consumers. The campaign, called Easter Homecoming, started on April 1 and is designed to attract shoppers preparing for Easter celebrations and family visits. The company […] read more Konga unveils nationwide deals to capture Easter holiday demand
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A timeline of how Senegal’s AFCON victory turned into a continental standoff
It should have ended in Rabat. A goal in extra time, a trophy lift, and another chapter closed at the 2025 Africa Cup of Nations final. Instead, weeks later, the story is still unfolding, this time in statements, appeals, and symbolic acts—drawing in the Confederation of African Football and, potentially, the Court of Arbitration for […] read more A timeline of how Senegal’s AFCON victory turned into a continental standoff
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Ajogwu unveils “The Purpose of the Corporation” at the 2026 KENNA – Lagos Business School (LBS) Public Lecture
The 2026 LBS-KENNA Public Lecture held on March 31, 2026, convened a cross-section of Africa’s corporate leaders. Bringing together preeminent scholars, board chairmen, executives, legal practitioners, and policymakers, the event centred on a powerful question: what is the true purpose of the corporation? At the heart of the Public Lecture was the presentation of “The Purpose […] read more Ajogwu unveils “The Purpose of the Corporation” at the 2026 KENNA – Lagos Business School (LBS) Public Lecture
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NBA-SLP emphasizes need to restore confidence in the profession …. to hold annual annual conference in Lagos; set to unveil lawyers’ digital directory
The Nigerian Bar Association Section on Legal Practice (NBA-SLP) underscored the urgent need to rebuild ethical standards within the legal profession, noting that the declining perceptions of integrity among lawyers must be deliberately reversed. Speaking at a pre-conference briefing ahead of its 2026 annual conference, chairman of the NBA-SLP, Folashade Alli, stated that there was […] read more NBA-SLP emphasizes need to restore confidence in the profession …. to hold annual annual conference in Lagos; set to unveil lawyers’ digital directory
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Kaspersky warns of new phishing technique exploiting trusted platforms
Kaspersky, a cybersecurity firm, has raised concerns over a new and increasingly sophisticated phishing technique that leverages trusted digital platforms to deceive users and steal sensitive information which highlights a growing shift in cybercriminal tactics in 2026. According to Kaspersky researchers, attackers are now abusing legitimate services such as task management and notification systems to […] read more Kaspersky warns of new phishing technique exploiting trusted platforms
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Android phone prices surge in April as manufacturers pass costs to consumers
Global smartphone manufacturers are rolling out a fresh wave of price increases this April, with multiple Android brands raising the cost of both new releases and older models amid mounting pressure from rising component prices. According to a report by Gizchina, the price adjustments are not limited to upcoming devices as existing models already on the […] read more Android phone prices surge in April as manufacturers pass costs to consumers
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NGX banking stocks rises by 22.7%YTD as Jaiz Bank, Zenith stocks rally
Nigeria’s banking stocks extended their bullish run in the first quarter of 2026, rising by 22.7 percent year-to-date (YTD), driven by strong investor appetite for fundamentally sound lenders during the sector recapitalisation and earnings expectations. Market data from the Nigerian Exchange (NGX) indicated that the increases were primarily driven by strong performances from tier 1 […] read more NGX banking stocks rises by 22.7%YTD as Jaiz Bank, Zenith stocks rally
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FG unveils National laureate plans to reward top research with N20m
The federal government has unveiled the Nigeria National Laureate Program, a new initiative designed to recognise and reward outstanding academic research and innovation in tertiary institutions with top prizes of up to N20 million for exceptional scholarly work. Announcing the initiative, Maruf Olatunji Alausa, the minister of education, described the program as a strategic national […] read more FG unveils National laureate plans to reward top research with N20m
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Baobab Microfinance unveils new head office, pushes for growth
Baobab Microfinance Bank is expanding its presence in Lagos with a new head office along Ikorodu road, as part of its commitment and growth strategy. The new office reflects the bank’s strategic focus on strengthening its internal capacity while enhancing the quality and efficiency of services delivered to its customers across the country. Positioned in […] read more Baobab Microfinance unveils new head office, pushes for growth
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South Africa’s R8bn MVNO boom shows path to revive Nigeria’s 44 idle licenses
South Africa’s mobile virtual network operator (MVNO) market has grown into an industry worth more than R8 billion, offering a glimpse of what Nigeria could achieve if its own virtual operators finally move from paper licenses to live networks. Nigeria has issued 46 MVNO licenses since 2023, but only two are active, leaving more than […] read more South Africa’s R8bn MVNO boom shows path to revive Nigeria’s 44 idle licenses
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Middle East conflict sends Nigerian business costs soaring
Rising tensions involving the United States, Israel, and Iran are already hitting Nigerian businesses, pushing up costs for energy, raw materials, and foreign exchange. Firms that rely on imported inputs are seeing price spikes that threaten both production and profit margins. Patrick Ajah, managing director of May & Baker Nigeria Plc, said the impact is […] read more Middle East conflict sends Nigerian business costs soaring
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Cascador bets on real-economy startups with $5m capital pipeline
Cascador is doubling down on Africa’s real-economy businesses, opening applications for its 2026 ScaleUp programme as it prepares a capital pipeline of up to $5 million a year to support growth-stage startups in sectors such as agriculture, manufacturing, logistics and healthcare. The Africa-focused platform said the initiative will select 12 founders with proven traction and […] read more Cascador bets on real-economy startups with $5m capital pipeline
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CBN tests new supervisory model for crypto market after FATF exit
Nigeria’s central bank has begun testing a new supervisory approach for the country’s fast-growing cryptocurrency market months after the country was removed from a global financial watchdog’s grey list, in a move that signals tighter oversight of digital asset activity. In a directive dated March 31, the Central Bank of Nigeria said it has launched […] read more CBN tests new supervisory model for crypto market after FATF exit
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2026 World Cup: Full List of all 48 qualified teams confirmed
Excitement is building ahead of the expanded 2026 FIFA World Cup, set to be co-hosted by the United States, Mexico and Canada, with the tournament featuring 48 nations for the first time in history. The full lineup of participating teams has now been confirmed following the conclusion of European and intercontinental play-offs, which determined the […] read more 2026 World Cup: Full List of all 48 qualified teams confirmed
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Bank, Fintechs face scrutiny as CBN sets June deadline on AML systems
Nigerian banks, fintechs and payment operators are under fresh regulatory pressure after the Central Bank of Nigeria (CBN) ordered all financial institutions to submit detailed plans for upgrading their anti-money laundering systems by June 10, 2026, in a move that signals tighter scrutiny of compliance frameworks across the industry.     In a directive signed […] read more Bank, Fintechs face scrutiny as CBN sets June deadline on AML systems
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Pension industry mulls investment portfolio to cater for national projects
The nation’s pension industry through the Pension Industry Leadership Council (PILC) is proposing an investment portfolio that will invest in national and government projects. To be called the ‘Nigerian Pension Industry Investment Portfolio, the goal is to create a fund capable of investing in national and government projects. Omolola Oloworaran, director general of the National […] read more Pension industry mulls investment portfolio to cater for national projects
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Tension grips Jos as traders flee shops amid fresh panic
Tension mounted across major settlements in Jos, the capital of Plateau State on Wednesday as traders abruptly shut their shops and fled, following a sudden wave of panic whose cause remained unclear at press time. Witnesses said the situation escalated quickly, with people seen running in different directions, triggering fear among business owners and residents […] read more Tension grips Jos as traders flee shops amid fresh panic
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PenCom Begins Health Insurance for Low-Income CPS Retirees This Week
BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has announced the commencement of health insurance coverage for the first set of low-income retirees under the Contributory Pension Scheme (CPS), with beneficiaries expected to begin receiving coverage this week. The initiative, described as a major welfare milestone, is aimed at providing critical medical support for vulnerable retirees […] The post PenCom Begins Health Insurance for Low-Income CPS Retirees This Week appeared first on Business Today NG.
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Pension Defaulters Face Public Naming as PenCom Steps Up Enforcements
BY NKECHI NAECHE-ESEZOBOR —The National Pension Commission (PenCom) has stepped up enforcement measures against employers who fail to remit pension contributions, signalling a more aggressive compliance stance across both the public and private sectors. The Commission disclosed plans to collaborate with regulatory bodies and anti-corruption agencies to ensure full remittance, while also considering stricter sanctions, […] The post Pension Defaulters Face Public Naming as PenCom Steps Up Enforcements appeared first on Business Today NG.
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Lagos Taxpayers Get Two-Week Extension for Annual Returns Filing
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.
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More Revenue For Nigeria As NNPC Exports 950,000 Barrels Cawthorne Blend Crude
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.
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