Business

]]> In the last week of March, Africa’s financial landscape has entered a more cautious phase as escalating Middle East tensions ripple across global markets—triggering oil price shocks, complicating inflation trajectories, and testing capital flows. From central banks pausing rate cuts to investors reassessing risk exposure, policymakers and institutions across the continent are recalibrating strategies […]

]]> The African Export-Import Bank (Afreximbank) will place industrialisation at the centre of Africa’s growth strategy when it convenes its 33rd Annual Meetings in El Alamein, Egypt, as the continent seeks to reduce external dependence amid rising global uncertainty. The meetings, themed “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty,” come against a backdrop of […]

]]> Lagos will host the maiden edition of HVACR Nigeria from April 7–9, 2026, as stakeholders gather to explore opportunities in the country’s growing heating, ventilation, air conditioning, and refrigeration (HVACR) market. The exhibition, organised by dmg events and endorsed by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) and ASHRAE Region-at-Large (RAL), will take place […]

]]> A surge in food prices across Nigeria is morphing into a public health emergency, as double-digit inflation on essential proteins forces families to ration meals, compromising the development of millions of children. The cost of staples including beef, eggs, and milk has skyrocketed, eroding purchasing power in an economy where only 2.4 percent of […]

]]> Lagos State governor Babajide Sanwo-Olu on Thursday inaugurated Irele Tower, the first commercial building in the Lagos Free Zone, as activity gathers pace around the Lekki industrial corridor. The nine-storey development is a shift from core industrial infrastructure to commercial real estate within the zone due to rising investor demand driven by the operationalisation […]

]]> The wheeling and dealing associated with the Nigerian brand of politics have begun. While some are wailing over their bruised noses, others are rejoicing triumphantly. In the estimation of some Nigerians, ours is a game that is won and lost long before the umpire’s whistle goes for its commencement. Joash Amupitan to the rescue? […]

]]> The Court of Arbitration for Sport (CAS) has confirmed receipt of an appeal filed by Senegal seeking to overturn the decision by the Confederation of African Football (CAF) to strip them of the 2025 Africa Cup of Nations (AFCON) title. In a statement, CAS said the appeal, lodged by the Senegalese Football Federation, aims […]

]]> As the March 31 tax filing deadline looms, Nigeria’s new tax system is facing a major stress test, and early signs point to widespread confusion among taxpayers. Individuals, freelancers, and small business owners are trying to understand what they need to do to stay compliant. “Filing tax returns is a constitutional requirement, not a […]

]]> Binance Holdings Limited on Tuesday said it is exploring a resolution of the tax evasion charges filed against it by the Federal Government, signalling a pause in the trial. Sunday Agaji, the company’s counsel disclosed this before Emeka Nwite of the Federal High Court in Abuja. Moses Ideho, counsel to the government a deputy […]

]]> Nigeria’s foreign-exchange inflows rose for a third consecutive month in February, driven by strong offshore investor participation, even as the naira came under renewed pressure amid rising demand and declining external reserves. Data from FMDQ showed total FX inflows into the market climbed 45 percent month on month to $4.4 billion, underscoring improving liquidity […]