Business
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Power Sector Crisis Deepens as FG Pays Just 4% of 2025 Electricity Subsidy
GenCos struggle, gas supply drops, and outages worsen as N1.85tn funding gap cripples Nigeria’s power market…… Nigeria’s electricity sector is…
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CBN Unveils Tough AI-Driven AML Rules, Giving Banks 18 Months to Comply
Nigeria sets global pace in financial crime detection as new framework targets institutions and executives over system failures….. The Central…
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Middle East Conflict Threatens Africa’s Growth Outlook — AfDB
Prolonged crisis could shave up to 1.5% off growth as rising oil prices, debt pressures, and weak investment weigh on…
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NGX Slams Five Brokerages with N291m Fines Over Market Manipulation
Regulator tightens grip on trading abuses as crackdown signals shift to tougher enforcement under new market rules…… The Nigerian Exchange…
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Nigeria Seeks $22bn Boost to Close Gas Infrastructure Gap
Regulator urges World Bank support as country shifts focus from planning to execution in ‘Decade of Gas’ agenda….. Nigeria is…
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Nigeria to Lead Continental Talks on Tax Reform, Illicit Financial Flows
Key African policymakers gather as pressure mounts to boost revenue and curb capital leakages across the continent…… Nigeria is set…
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LIRS Extends Tax Filing Deadline to April 14
Lagos taxpayers get extra time as agency pushes for error-free, fully digital submissions…… The Lagos State Internal Revenue Service has…
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Nigeria Faces $14bn Annual Infrastructure Gap, Seeks Fresh Investment Push
Government deepens partnership with Islamic Development Bank to fund roads, energy, and social development projects…. Nigeria is grappling with an…
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Oil Slips, Stocks Climb as Trump Signals Possible Pivot on Iran Conflict
Markets rally on hints of de-escalation, but threats against Iran’s oil infrastructure keep investors on edge…. Oil prices edged lower…
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African Airlines Lead Global Air Cargo Boom with 21% Surge in Demand
Strong trade flows and rising shipments position Africa as fastest-growing cargo market in 2026….. African airlines have emerged as the…
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