Business

FG approves partial settlement of N150bn contractors’ debt

  • 26th March 2026

Nigeria’s banks maintain strong liquidity despite CBN N2.36tn

  • 26th March 2026

NUPRC approves major offshore project targeting hydrocarbon development

  • 26th March 2026

AfCFTA picks Nigeria to pioneer simplified trade framework

  • 26th March 2026

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Capital importation hit $23.21bn in 2025, says NBS

Finance

FG lifts ban on fuel imports amid supply concerns

featured Oil and Gas

Power supply to improve gradually in two weeks —

Electricity featured
CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

CBN cuts treasury bill rates amid ₦8trn liquidity

Finance

Tag: Africa

Aviation

IATA forecasts boom in African air passenger demand

The International Air Transport Association released its Long Term Demand Projections for air travel, showing that global air passenger demand is expected to more than double by 2050 and intra-Africa air travel would lead global growth through the period. The pace of growth will be uneven across regions, reflecting differences in demographics, market maturity, economic […]

Opinion

CBN gov urges stronger African cooperation on cross-border risks

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has urged African financial regulators to strengthen cooperation in managing cross-border risks. Cardoso also restated the CBN’s commitment to entrenching robust corporate governance in Nigeria’s financial system. He spoke at the 4th Annual IMF/AFRITAC West 2 High-Level Executive Forum for Financial Sector Regulation and […]

featured Opinion

Nigeria, Africa will pay heavy price if Iran war continues – Dangote

Foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil volatility could have far-reaching consequences for Nigeria and African economies. Dangote spoke on Monday in Lagos after a courtesy visit and Eid-el-Fitr homage to President Bola Tinubu. He said the visit was to extend Sallah greetings, reconnect with the president after some […]

Oil and Gas

Dangote Refinery exports 456,000 tonnes of fuel to Africa

The Dangote Petroleum Refinery has ramped up its regional footprint with the export of 12 cargoes of refined petroleum products totalling 456,000 tonnes to five African countries. This occurs amid a growing fuel supply crisis triggered by geopolitical tensions in the Middle East. The cargoes, sold through international traders on a Free on Board basis, […]

featured Oil and Gas

US-Israel-Iran war leaves Africa with weeks of fuel reserves — Report

The escalating conflict in the Middle East, particularly the war involving Iran, has severely disrupted global energy shipments through the Strait of Hormuz, placing Africa’s fuel supply chain under intense pressure. Many African countries are now operating with only weeks of refined petroleum products in reserve as traditional import routes face major constraints. The International […]

Business

Access Bank boss urges deeper collaboration to boost intra-African trade

The Group Managing Director of Access Bank Plc, Mr. Roosevelt Ogbonna, has urged African policymakers, financiers and businesses to strengthen collaboration. He said this is essential to speed up intra-African trade and unlock the continent’s full economic potential. Ogbonna made the call yesterday while welcoming participants to the Africa Trade Conference 2026 in Cape Town, […]

featured Life Style

Dangote retains Africa’s richest spot with $28.5bn fortune

Nigeria’s business magnate Aliko Dangote has once again secured his position as Africa’s wealthiest individual. He tops the Forbes 2026 Africa Billionaires ranking with an estimated net worth of $28.5 billion. Over the past year, the continent’s richest figures collectively gained more than $20 billion. The latest Forbes list, released on Monday, highlights Africa’s 23-member […]

Telecommunications

MTN Zambia completes Africa’s first Starlink direct-to-cell satellite test

MTN Zambia has completed Africa’s first field test of Starlink’s Direct-to-Cell technology. The trial successfully sent both a data session and a mobile money transaction through satellites. This achievement could significantly extend network coverage to remote parts of the country. The telecom operator stated that the trial used MTN’s spectrum alongside Starlink’s satellite constellation. This […]

Alibaba to raise HK$12bn in exchangeable bonds
Business featured

Alibaba offers $1.5m grants to African entrepreneurs

Alibaba Philanthropy and the Jack Ma Foundation have announced $1.5 million in grants for African entrepreneurs creating innovative solutions to the continent’s major challenges. This forms part of the launch of the 8th edition of Africa’s Business Heroes. The 2026 edition carries the theme ‘Defining Africa’s Future Today’. It targets entrepreneurs working in climate-smart agriculture, […]

Economy featured

Nigeria tops Africa stock markets with 34.4% dollar gains

Nigeria is officially the best-performing stock market in Africa right now, riding on the back of a strong naira, foreign investor appetite, and a bull market run to become the continent’s top performer in 2026. BusinessDay analysis of the data from African Markets, a real-time market intelligence platform, showed the benchmark index gained 34.4 per […]

News

WAEC rolls out DigiCert digital certificates across five nations

The West African Examinations Council has announced the full implementation of its Digital Certificate Services System, known as WAEC DigiCert, across its five member countries: Gambia, Ghana, Liberia, Nigeria, and Sierra Leone. The announcement came in a statement issued by Demianus Ojijeogu, Head of Public Affairs at WAEC Headquarters in Accra, Ghana, on behalf of […]

Business

Wimbart launches PR service for early-stage African startups

Wimbart, an award-winning public relations agency specialising in business and technology sectors across Africa and emerging markets, has launched Wimbart Lite, a dedicated service designed specifically for pre-seed and early-stage startups. The new division will be led by Maria Adediran, Associate Director and founding team member, who has been appointed as Head of Wimbart Lite, […]

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