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Economics at businessday.ng

Sunday, Mar 15

23

App-based drivers call for structural reforms as operational costs rise

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The leadership of the Amalgamated Union of App-Based Transporters of Nigeria (AUATON) has called for structural reforms on the Bolt

20

Nigeria’s plastic recycling sector valued at $10bn, says GCIEP

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Nigeria’s plastic recycling sector represents an estimated $10 billion market, highlighting the scale of opportunity within the country’s broader waste-to-value

18

Zenith Bank targets affluent clients with new Visa Signature Card

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Zenith Bank Plc has introduced a Visa Signature Card aimed at deepening its engagement with affluent customers, as the lender

17

Production Sharing Contracts profits hit increase by 665% as Executive Order 9 ends NNPC retention

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The implementation of Executive Order 9 has signaled a boost for Nigeria’s revenue generation drive, as the Federation Account recorded

Top 10 countries with the highest solar power capacity in the world

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The global solar power market is entering a new phase of expansion as countries accelerate investments in renewable energy. Valued

16

Togo seeks more electricity imports from Nigeria

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Togo has expressed interest in increasing electricity imports from Nigeria through the Niger Delta Power Holding Company to meet rising

12

Businesses must view security as a strategic investment rather than just a call centre – Proton MD

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Adekunmi Odebunmi is the managing director of Proton Security Services Limited, a leading integrated security company in Nigeria. He is

10

Experts call for 35% female representation in NSE’s top 30, publish gender pay gap reports

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….recommends formalisation of the “care economy” Findings from the Reykjavik 2025-2026 Index for Leadership report has outlined several urgent

CBN relaxes dormant account rules with affidavit requirement removal

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The Central Bank of Nigeria (CBN) has removed the requirement for customers to present affidavits when reactivating dormant bank accounts,

09

The Electoral Act 2026: progress, gaps, and the legal landscape for 2027

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Introduction On 18 February 2026, President Bola Ahmed Tinubu signed the Electoral Act 2026 into law. The Act repeals and

Climate change: Abia tops Nigerian sustainability financing programme

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…Moves to access climate finance, attract green investments to state Abia State has emerged top at the Nigerian Sustainability Financing

06

Abia is open for business, Otti declares at business roundtable

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Alex OttI, governor of Abia State, has declared that the state is open for business for serious-minded entrepreneurs and investors.

CBN: FX reserves consolidate gains as oil prices rally bolsters fiscal revenues, growth prospects

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With Brent crude trading above $99 per barrel—above Nigeria’s 2026 federal budget benchmark of $64.85—the price rally would largely bolster

Financial inclusion must be built on infrastructure, says PalmPay MD

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As Nigeria’s fintech sector continues to evolve, infrastructure is becoming as critical as innovation, says Chika Nwosu, managing director of

05

Global mobility: How Africans can navigate the new era of citizenship, access and opportunity – Nechi

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As the global landscape of migration and citizenship undergoes a profound reset, Africans are increasingly confronted with a critical question: read more Global mobility: How Africans can navigate the new era of citizenship, access and…

Saturday, Mar 14

20

No passenger was abandoned on Abuja-London flight air return – Air Peace

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Air Peace has clarified that on it’s recent Abuja-London (Heathrow) flight air return incident, no passenger was abandoned or left

11

Women-dominated sectors rank low on gender equity – Report

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A new report has revealed that sectors dominated by women continue to lag in perceptions of gender equity, despite growing

10

Naira gains N27 in weekly trade as external reserves cross $50bn

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The naira strengthened against the dollar in the official market during the week, supported by rising external reserves and improved

01

Nigeria’s import lifeline faces shock as strait of Hormouz closure disrupts global trade

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The closure of the Strait of Hormuz amid the escalating conflict involving the United States, Israel and Iran is casting

AFRICA FINANCE IN BRIEF: Bank earnings rise, gold surges, inflation risks return

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Africa’s economic outlook continues to shift as stronger bank earnings, improving growth in key economies and rising commodity prices reshape

Friday, Mar 13

22

CBN tightens BVN rules with fraud watchlist, phone number limits

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The Central Bank of Nigeria (CBN) has introduced new amendments to the regulatory framework guiding Bank Verification Number (BVN) operations,

18

Dangote restores petrol price to N1,175 as depots halt sales

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Dangote Petroleum Refinery has restored its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per

16

Shell’s Nigeria deepwater return lifts output hopes as Bonga restarts ahead of schedule

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Shell’s Nigerian deepwater subsidiary has resumed production at the Bonga field, one of sub-Saharan Africa’s most significant offshore oil developments,

Sycamore Opens ₦3 Billion Commercial Paper Offer to Investors Under ₦20 Billion Programme; Early Subscriptions Underway

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Lagos, Nigeria — March 11, 2026 Sycamore Integrated Solutions Limited has officially opened subscriptions for its ₦3 billion Series 1

15

CBN bars large loan defaulters from new credit, banking guarantees

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The Central Bank of Nigeria (CBN) has directed banks to restrict access to certain banking services for large-ticket obligors with

Nigeria insurers target new growth as NAICOM pushes claims, bonds

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Nigeria’s insurance industry is positioning for a new phase of growth as the regulator pushes stronger claims settlement, mandatory insurance

Intra-Africa trade boost seen unlocking shared prosperity

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African leaders, financiers, and businesses are being urged to join forces and accelerate intra-continental trade, unlocking shared prosperity across the

NDPC warns content creators over filming Nigerians without consent

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Nigeria’s data protection regulator has warned social media content creators against filming and posting images or videos of unsuspecting members

14

Blockchain, CBDCs, real-time rails to reshape future of cross-border payments

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Blockchain, stablecoins and central bank digital currencies are expected to transform cross-border payments by helping businesses...

Accion Microfinance Bank partners GirlLearn Africa to host digital empowerment conference for women

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Accion Microfinance Bank has partnered with GirlLearn Africa to host a digital conference to strengthen women’s participation in the digital