Nigeria’s pension industry with total assets standing at about N30 trillion at the end of March 2026 is embracing a new phase of reform that prioritises income adequacy, healthcare access and broader inclusion. Speaking at the BusinessDay 2026 Pension Conference in Lagos, Omolola Oloworaran, direc
MTN Nigeria Communications Plc has temporarily suspended its airtime and data credit advance service, Xtratime, as it moves to comply with new regulatory requirements governing digital lending in the country. The suspension, which began on April 12 2026, was disclosed to the public on the Nigerian E
A country that cannot protect its foot soldiers does not hold out any promise of safety to ordinary citizens. That is the hard truth Nigeria must confront now. The untimely felling of Oseni Omoh Braimah, commander of the 29 Task Force Brigade, Maiduguri, in a coordinated attack on a military base in
The fighters of the Islamic State of West African Province, ISWAP, have killed at least four soldiers and one civilian in a fresh attack in Askira Uba Local Government Area of Borno state on Wednesday. BusinessDay gathered that the incident occurred around 12noon on Wednesday in the Mussa community
The United Arab Emirates (UAE) is intensifying efforts to strengthen trade corridors and enhance logistics coordination as Nigeria continues to expand its trade footprint. This move holds significant relevance for Nigeria and other key African markets reliant on seamless cargo flows and strategic tr
African banking systems could come under fresh pressure if a prolonged Iran conflict drives oil prices sharply higher, with implications for inflation, currencies, and sovereign creditworthiness across the continent, according to Fitch Ratings. In a new report by the global rating agency, Fitch warn
The ECOWAS Bank for Investment and Development has unveiled a new five-year strategy focused on growth, resilience and optimisation, alongside a pledge to scale up investments across West Africa and deepen regional integration.
The International Finance Corporation and Citigroup have agreed on a 1.6 billion rand borrowing facility to expand local currency financing in South Africa, according to Reuters. The deal is aimed at helping businesses access funding in rand rather than foreign currencies, reducing the risks that co
The national chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has stated that the minister of the Federal Capital territory, (FCT) Nyesom Wike, is free to join the party. Yilwatda made the remarks during a media chat on Wednesday night. He stated that the party does not compel indi
Atiku Abubakar, former vice president, has declared he is willing to step aside for Peter Obi or any other candidate that emerges from a proposed opposition coalition ahead of the 2027 presidential election, signaling a potential shift toward unity among Nigeria’s fragmented opposition. Speaking in