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BusinessDay Nigeria Apr 3, 2026

Nigeria 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...
New Business Ethiopia Apr 3, 2026

Climate, Seasons, and Travel Timing in Ethiopia: Environmental Patterns, Practical Implications

BY BEHAK – Understanding travel conditions in Ethiopia requires a perspective that goes beyond simple seasonal categorization. The country’s climate is shaped by a combination of altitude, regional geography, and rainfall patterns that vary significantly across relatively short distances. Fo...
New Business Ethiopia Apr 3, 2026

As Situation Deteriorates in Eastern Congo, Only 30 Percent Funding for Humanitarian Responses Achieved

As the humanitarian situation continues to deteriorate in eastern part of Democratic Republic of Congo (DRC), 30 people were reportedly Killed on Wednesday and out of the $1.4 billion humanitarian appeal only 30 percent funded, said the UN Secretary General’s Spokesman, Stéphane Dujarric. “...
New Business Ethiopia Apr 3, 2026

Ethiopia Domestic Medical Supplies Production Covers 42 Percent Need

Domestic medical supplies production now covers 42 percent of Ethiopia’s need says, Ministry of Health of Ethiopia. According to Minister of Health Dr. Mekdes Daba, the contribution and increase domestic production of medical supplies from 8% to 42%, has helped Ethiopia reduce foreign currency...
New Business Ethiopia Apr 3, 2026

Ethiopia Plans to Cover 21.8 Million Hectares of Land with Seeds

The Ministry of Agriculture of Ethiopia says the country has planned to cover 21.8 million hectares of land with different seeds this Meher farming season The Meher season is Ethiopia’s main agricultural season, producing 85–95% of the country’s food crops, with planting in May-July and harves...
New Business Ethiopia Apr 3, 2026

US Warns Its Citizens Not to Travel to Many Regions of Ethiopia

The Unite States Embassy in Addis Ababa, warned its citizens to reconsider travel to Ethiopia due to unrest, crime, kidnapping, terrorism, landmines, communications disruptions, and exit bans. The advisory listed most of the regions of Ethiopia including the capital Addis Ababa as risky while some a...
BusinessDay Nigeria Apr 2, 2026

NSIA cites US tariffs, FX revaluation as profit falls 91% to N161bn

..says Fund resilient despite headwinds The Nigeria Sovereign Investment Authority (NSIA) has attributed the sharp 91 percent decline in its 2025 profit to N161 billion to a combination of foreign exchange revaluation effects and temporary U.S. tariff shocks, stressing that its core operating perfor...
BusinessDay Nigeria Apr 2, 2026

CBN sets up payments service providers’ committee as transactions top N1 quadrillion

…To launch new Payments System Vision within next month   The Central Bank of Nigeria (CBN) has inaugurated a Payments Service Providers Committee as digital transactions in the country surged past N1 quadrillion, underscoring the scale and growing importance of the ecosystem to the broader e...
BusinessDay Nigeria Apr 2, 2026

FG to install over 5000 digital cameras in Jos, assist family of victims

President Bola Tinubu on Thursday in Jos, Plateau State, promised succour for families of the recent killings at Rukuba town, promising to immediately install over 5000 digital cameras to monitor the activities of criminals in the city. Tinubu stated this at an interactive session with a cross secti...
BusinessDay Nigeria Apr 2, 2026

Jos killings: Tinubu orders 5,000 CCTV cameras, vows justice

President Bola Ahmed Tinubu has directed the deployment of 5,000 Closed-Circuit Television cameras CCTV, to Plateau state to strengthen security and communication following the Angwan Rukuba attack in Jos North Local Government Area that left 28 people dead. The directive formed part of measures ann...
BusinessDay Nigeria Apr 2, 2026

Sule unveils Nasarawa Investment Summit 2026

Governor Abdullahi Sule of Nasarawa State has unveiled the 2026 Nasarawa Investment Summit, announcing plans for a “Lafia Declaration” aimed at institutionalising reforms and providing a clear development pathway for the state capital, which he noted lacks a comprehensive master plan. Speaking a...
Capital Ethiopia Apr 2, 2026

Gov’t raises fuel prices by 16.6% as subsidy burden reaches 272 billion birr

Ethiopia has implemented a fresh round of fuel price increases, citing mounting fiscal pressure from global oil market disruptions and a rapidly growing subsidy burden. The Ministry of Trade and Regional Integration announced that, effective April 1, 2026, the price of white diesel has risen by 16.6...
Capital Ethiopia Apr 2, 2026

Ethiopia, China ink deal for RMB trade settlements

To strengthen Ethiopia’s financial resilience and further enhance economic ties with China—the country’s leading trade partner—the National Bank of Ethiopia (NBE) has unveiled a new initiative aimed at significantly increasing its foreign exchange reserves of the Chinese Yuan (RMB). ...
TechAfrica News Apr 2, 2026

Senegal Issues Warning Over Illegal Wi-Fi Networks Using Starlink

Autorité de Régulation des Télécommunications et des Postes (ARTP)  has issued a public warning against the illegal operation of so-called “community Wi-Fi” networks across Senegal, .........
BusinessDay Nigeria Apr 2, 2026

Skyway Aviation FY’25 profit more than doubles to N11.73bn

Skyway Aviation Handling Company Plc delivered a robust financial performance for the year ended December 31, 2025, with profit after tax (PAT) more than doubling to N11.73 billion, underscoring strong operational momentum and improved efficiency across its business lines. The company’s audited re...
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