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BusinessDay Nigeria Apr 5, 2026

Nigeria unlocks N3.3trn to rescue power sector from decade of debt

…15 power plants sign settlement deal President Bola Tinubu has approved a N3.3 trillion settlement plan to clear power sector debts accumulated over more than ten years, in what his administration is casting as the most decisive intervention yet in a grid that has long frustrated households a...
BusinessDay Nigeria Apr 5, 2026

Banks face April deadline in new capital stress regime

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central Bank of Nigeria (CBN) to submit Board-approved Risk-Based Capital (RBC) stress test reports, marking a tougher phase of oversight after the industry’s recapitalisation exercise. The directive, issued March 6, 20...
BusinessDay Nigeria Apr 5, 2026

Ouranos rebuilds boardroom to capture Africa’s enterprise tech spend

Ouranos Technologies Ltd. has reshaped its board, bringing in senior executives from banking, insurance and logistics as it positions to capture rising demand for enterprise technology services across Africa. The Lagos-based firm appointed Tajudeen Ahmed as chairman, alongside Omokunbi Adeoti and Ol...
BusinessDay Nigeria Apr 5, 2026

Fatal Easter attack in Kaduna leaves seven dead

Panic gripped Ariko community in Kachia Local Government Area of Kaduna State on Sunday after suspected terrorists attacked two churches during Easter celebrations, killing at least seven worshippers and abducting several others. The early-morning assault targeted the First ECWA Church and St. Augus...
BusinessDay Nigeria Apr 5, 2026

2027: Buhari’s son’s endorsement triggers political firestorm

The controversial endorsement of Yusuf Buhari, son of the late former President Muhammadu Buhari, for the House of Representatives seat in the Daura/Sandamu/Mai’adua Federal Constituency ahead of the 2027 elections has ignited a political firestorm within the All Progressives Congress (APC) in Kat...
BusinessDay Nigeria Apr 5, 2026

ADC crisis: Bigwigs weigh options as primaries near 

….NDC, ADP may emerge as alternative platforms Rising tensions between the African Democratic Congress (ADC) and the Independent National Electoral Commission (INEC) have thrown the party into uncertainty just weeks before the commencement of primaries for the 2027 general elections. INEC recently...
BusinessDay Nigeria Apr 5, 2026

Gunmen strike Kaduna churches during Easter, kill seven, kidnap others

Panic gripped Ariko community in Kachia Local Government Area of Kaduna State on Sunday after suspected terrorists attacked two churches during Easter celebrations, killing at least seven worshippers and abducting several others. The early-morning assault targeted the First ECWA Church and St. Augus...
BusinessDay Nigeria Apr 5, 2026

Arc-Lights Foundation, educators share insights on future of AI, robotics, STEM education

Globally, Artificial Intelligence, Robotics and STEM education now represent the future of human capital growth and is fast becoming a major contributor to the enhancement of learning, employment opportunities and economic advancement. To strengthen this new move, Arc-Lights Foundation through its i...
BusinessDay Nigeria Apr 5, 2026

Lagos LuxuryByFeyi Fashion Showroom, Feyiartistery Art Gallery’s pre-launch opening in Ikoyi

Lagos LuxuryByFeyi Fashion Showroom and Feyiartistery Art Gallery’s have recently hosted an exclusive pre-launch in Ikoyi area of Lagos. The pre-launch showcased the fashion brand SS26’s campaign, ‘Circular Economy: Now or Never’. This phrase (Now or Never) appears on every piece in ...
BusinessDay Nigeria Apr 4, 2026

2027: I’ll back whoever emerges ADC presidential candidate – Atiku

Former Vice-President Atiku Abubakar, a presidential aspirant of the African Democratic Congress (ADC), has reaffirmed his commitment to party unity, pledging to support whoever emerges as the party’s flagbearer for the 2027 presidential election. Atiku made the declaration amid growing tensions b...
BusinessDay Nigeria Apr 4, 2026

Crowds line Kano streets as Yusuf returns after Abuja APC convention 

Thousands of residents thronged major streets in Kano on Saturday to welcome Governor Abba Kabir Yusuf in a massive show of support, as the state’s political atmosphere continues to shift following the recent defection of Rabiu Musa Kwankwaso to the African Democratic Congress (ADC). From Aminu Ka...
BusinessDay Nigeria Apr 4, 2026

Boko Haram kills four policemen in multiple attacks on Borno communities 

The Borno State Police Command has confirmed that five persons were killed including four policemen during repelled coordinated attacks on two Borno town on Saturday. It was contained in a statement issued by Nahum Kenneth Daso, Police Public Relations Officer Borno State Command to newsmen in Maidu...
BusinessDay Nigeria Apr 4, 2026

Tinubu commissions N73bn Customs Complex in Ogun State

President Bola Tinubu on Saturday commissioned the new Federal Operations Unit (FOU), Zone A headquarters of the Nigeria Customs Service in Iperu, Ogun State. According to Bashir Adeniyi, the comptroller general of Customs, the facility required an initial N73 billion investment and is an upgrade fo...
BusinessDay Nigeria Apr 4, 2026

Resident Doctors declare indefinite strike nationwide over pay dispute

The Nigerian Association of Resident Doctors (NARD) has announced an indefinite nationwide strike set to begin at 12:00 a.m. on Tuesday, April 7, 2026, citing what it described as the federal government’s plan to halt the implementation of the revised Professional Allowance Table (PAT), a key comp...
BusinessDay Nigeria Apr 4, 2026

Defensible AI: The line between innovation and liability in the boardroom

Africa’s digital economy is not waiting for perfect governance. AI is already underwriting credit decisions, optimising logistics, shaping customer interactions, and influencing public services. The question before boards is no longer whether AI creates value. It is whether the organisation can de...
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