IMF: Africa's hard-won gains under pressure from Iran war
The IMF warns that Sub‑Saharan Africa's strong recovery in 2025 is under pressure as the Iran war reverses key economic gains.
finance
Africa's T+1 transition: Readiness must come before speed
As global markets accelerate settlement cycles; African exchanges face mounting pressure to follow. Yet the real challenge is not speed but preparedness, ensuring that shorter cycles reduce risk rather than expose operational weaknesses.
INEC chair to headline electoral reform dialogue ahead of 2027 polls
The Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan, will deliver a keynote address at a high-level stakeholders’ policy dialogue focused on critical issues shaping Nigeria’s electoral process. The event, organised by Abuja-based law firm Law Corridor, is scheduled f
BusinessDay 17th Apr 2026
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Repackaged expired products dominate Nigeria’s N34trn food market
In many Nigerian markets, food items are removed from branded packs and resold in nylon bags, buckets, and plastic cups. BusinessDay investigations found that many come from expired, near-expiry, or rejected factory stocks, fuelling a multi-billion-naira illegal trade that exposes consumers to healt
INEC moves Osun campaign deadline to August
Nigeria’s electoral commission (INEC) has announced a new deadline for political campaigning ahead of the Osun state governorship election, after the vote itself was pushed back by a week.The Independent National Electoral Commission (INEC) confirmed on Thursday that campaigns must now wrap up by mi
Otti proposes Five Star hotel in Umuahia
…Says his administration is building infrastructure to make Abia first choice for national, international conferences … Expresses readiness to partner with NIESV in the development of the state Governor Alex Otti of Abia has said that his administration is gradually putting in place the necessary in
Atiku, Babachir not suspended – ADC
The national leadership of the African Democratic Congress (ADC) has dismissed the purported suspension of former Vice President Atiku Abubakar and former Secretary to the Government of the Federation (SGF), Babachir Lawal, describing it as invalid and of no consequence. The party said the group beh
N30trn pension industry pivots to income, health access
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 suspends Xtratime service over new lending rules
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