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# Business A.M
## Posts
- [Sahara Group boosts environmental sustainability, economic empowerment with recycling hub](https://businessamlive.com/sahara-group-boosts-environmental-sustainability-economic-empowerment-with-recycling-hub/): Sahara Group Foundation, the corporate social impact arm of Sahara Group, has commissioned its 16th Sahara Go-Recycling Hub in Lekki, Lagos State, reaffirming its commitment to sustainable waste management, environmental protection, and community empowerment.
- [The burden of a virus](https://businessamlive.com/the-burden-of-a-virus/): By Godwin Nnanna, Special Correspondent, in New York
- [States generate N986.2 billion IGR in 9-month, rise by 16.8%](https://businessamlive.com/states-generate-n986-2-billion-igr-in-9-month-rise-by-16-8/): States in Nigeria generated the total sum of N986.2 billion Internally Generated Revenue (IGR) between January and September 2019. The latest IGR data released by the National Bureau of Statistics (NBS) disclosed.
- [Nigeria Daily Street Market Exchange Rate (December 20th 2019)](https://businessamlive.com/nigeria-daily-parallel-market-exchange-rate-december-13th-2019/): This is a daily compilation of the price of the Naira against three major currencies in the world; USD, GBP and EUR with the tracker dated back to 20th December 2019. The volatility in the street markets seems to be minimum in the last 24 hours.
- [Cocoa loses ground as chocolate demand cools](https://businessamlive.com/cocoa-loses-ground-as-chocolate-demand-cools/): Cocoa futures closed lower on Friday, weighed down by softening demand indicators in key consumer markets, even as underlying supply risks and geopolitical tensions offered some support.
- [APPO pushes regional energy hubs to unlock Africa-wide investment scale](https://businessamlive.com/appo-pushes-regional-energy-hubs-to-unlock-africa-wide-investment-scale/): African Petroleum Producers Organization (APPO) is promoting the development of regional energy hubs across the continent, aiming to remove trade barriers and strengthen infrastructure interconnections ― from pipelines to refining and distribution networks, Farid Ghezali, APPO secretary-general, said.
- [NCC accelerates network upgrade drive as telcos plan site expansion ](https://businessamlive.com/ncc-accelerates-network-upgrade-drive-as-telcos-plan-site-expansion/): The Nigerian Communications Commission (NCC) has said telecom operators have committed to upgrading about 12,000 network sites in 2026 as part of efforts to improve service quality across the country.
- [Non-Life drives Nigeria’s insurance growth as market hits N2.30trn ](https://businessamlive.com/non-life-drives-nigerias-insurance-growth-as-market-hits-n2-30trn/): Non-Life insurance drives expansion
- [Seplat Energy’s shares top N10,000 as company wins governance, brand awards](https://businessamlive.com/seplat-energys-shares-top-n10000-as-company-wins-governance-brand-awards/): Seplat Energy Plc, Nigeria’s leading indigenous energy producer, listed in Lagos and London bourses, has become the first company on the Nigerian Exchange Group to cross the N10,000-per-share level, with the stock rising to about N10,450, a move analysts say reflects strong institutional demand and confidence in the company’s expanded asset base and earnings outlook.
- [Credit crunch leaves millions of farmers trapped in low productivity cycle ](https://businessamlive.com/credit-crunch-leaves-millions-of-farmers-trapped-in-low-productivity-cycle/): Nigeria’s ambition to secure its food future is increasingly constrained by limited access to finance. Despite sustained policy attention on infrastructure, mechanisation, and climate resilience, stakeholders across the agricultural value chain now agree that without a functional and inclusive financing architecture, meaningful sectoral transformation will remain elusive. 
- [AI powers $4.7bn productivity boost in Nigeria’s digital economy ](https://businessamlive.com/ai-powers-4-7bn-productivity-boost-in-nigerias-digital-economy/): Nigeria’s digital economy is entering a decisive new phase; one in which artificial intelligence is no longer a futuristic add-on but an embedded layer of labour reshaping productivity, skills formation, and income potential across sectors to the tune of about $4.7 billion in annual productivity gains. Recent data released by Google shows that millions of Nigerians are now deploying Search and AI tools not just for information, but as functional co-workers, augmenting their capacity to learn, create, and compete in a global marketplace.
- [3 lessons Nigerian marketers can learn from top YouTube creators](https://businessamlive.com/3-lessons-nigerian-marketers-can-learn-from-top-youtube-creators/): The Nigerian digital landscape is evolving rapidly. Across the country, YouTube creators have become the new mainstream entertainment. They command millions of views, shape modern culture, and heavily influence purchasing decisions.
- [Unilever’s CEO: Going for broke with marketing levers on social media influencers](https://businessamlive.com/unilevers-ceo-going-for-broke-with-marketing-levers-on-social-media-influencers/): Fernando Fernandez is the shrewd former Unilever chief financial officer (CFO) who has become the multinational company’s global chief executive officer (CEO), and is now attempting to run a global marketing strategy for the company that would see the jobs of marketing directors and chief finance officers on a huge frying pan, and he is determined to make a meal of them.
- [US soldier charged over $400,000 insider bets on Maduro operation](https://businessamlive.com/us-soldier-charged-over-400000-insider-bets-on-maduro-operation/): US soldier under the special forces operative has been arrested and charged with insider trading after allegedly using classified information to place bets on a covert military operation targeting Venezuelan leader Nicolás Maduro, in a case raising fresh concerns over the intersection of national security and the fast-growing prediction markets industry.
- [From Lagos nightlife to Web3 innovation: The quiet rise of “Locomotive” and his vision for Nigerian youths](https://businessamlive.com/from-lagos-nightlife-to-web3-innovation-the-quiet-rise-of-locomotive-and-his-vision-for-nigerian-youths/): Locomotive is the founder of Stuph Chain LLC and the visionary behind Dogemeatpay, a yet-to-launch payment solution designed to redefine how creatives transact globally. With a background in electrical engineering and deep expertise in Web3, he represents a new generation of African techpreneurs building infrastructure, not just visibility.
- [Aliko Dangote unveils new refinery project in Tanzania](https://businessamlive.com/aliko-dangote-unveils-new-refinery-project-in-tanzania/): Aliko Dangote is accelerating his push to reshape Africa’s energy landscape, unveiling plans to build a new oil refinery in Tanzania that will mirror the scale and capacity of his flagship facility in Lagos.
- [NELFUND warns of fake 2026 portal targeting student loan applicants](https://businessamlive.com/nelfund-warns-of-fake-2026-portal-targeting-student-loan-applicants/): Nigerian Education Loan Fund (NELFUND) has issued a fresh warning to students and the general public over a rise in fraudulent schemes targeting its interest-free student loan programme, following the circulation of a fake 2026 registration portal.
- [WestJet increases checked bag fees amid rising fuel costs](https://businessamlive.com/westjet-raises-fees-as-jet-fuel-shock-hits-airlines/): WestJet has increased checked baggage fees for passengers, marking its third price hike in as many years as airlines face rising operating costs driven by global fuel pressures.
- [CBN allots N894bn in T-Bills auction as demand hits N2.36trn](https://businessamlive.com/cbn-allots-n894bn-in-t-bills-auction-as-demand-hits-n2-36trn/): The Central Bank of Nigeria (CBN) ramped up liquidity mop-up at its Treasury Bills Primary Market Auction on Wednesday, April 22, 2026, allotting N894.17 billion amid overwhelming investor demand and unchanged stop rates across maturities.
- [Unilever Nigeria records 26% revenue growth to N59.2bn in Q1 2026](https://businessamlive.com/unilever-nigeria-records-26-revenue-growth-to-n59-2bn-in-q1-2026/): Unilever Nigeria Plc has delivered a strong start to the 2026 financial year, posting a 26 percent increase in revenue to N59.2 billion for the first quarter ended March 31, 2026, compared to N46.9 billion in the corresponding period of 2025.
- [When Orkney meets Lagos: What whisky and Nigerian creativity have in common](https://businessamlive.com/when-orkney-meets-lagos-what-whisky-and-nigerian-creativity-have-in-common/): At the same time, a quieter shift is happening in how Nigerians drink. Single malt Scotch whisky, once considered a niche interest, is finding a new generation of consumers who are curious, educated and willing to spend on quality they can understand and articulate. They are not buying labels; they are buying stories.
- [The successful failure of Vice President JD Vance](https://businessamlive.com/the-successful-failure-of-vice-president-jd-vance/): It is, if you will permit me, the story of Mr JD Vance, the current Vice President of the USA.
- [African airports: From expansion to profitability in  a volatile 2026](https://businessamlive.com/african-airports-from-expansion-to-profitability-in-a-volatile-2026/): After a strong rebound in 2025, the outlook for airports in 2026 is markedly more uncertain. Global economic fragility, currency volatility, geopolitical tensions, and shifting travel demand are reshaping aviation priorities. For African airports, where structural vulnerabilities already exist, the strategic pivot from indiscriminate route expansion to protecting high-density, profitable connections is not just prudent — it is essential. The question is not whether this strategy can work in Africa, but how effectively it can be implemented within the continent’s unique operating environment.
- [Nigeria’s economic future requires true multimodal transport system](https://businessamlive.com/nigerias-economic-future-requires-true-multimodal-transport-system/): “We need a first-class transportation system.” – Dan Lipinski
- [Unilever’s CEO:Going for broke with marketing levers on social media influencers](https://businessamlive.com/unilevers-ceogoing-for-broke-with-marketing-levers-on-social-media-influencers/): Fernando Fernandez is the shrewd former Unilever chief financial officer (CFO) who has become the multinational company’s global chief executive officer (CEO), and is now attempting to run a global marketing strategy for the company that would see the jobs of marketing directors and chief finance officers on a huge frying pan, and he is determined to make a meal of them.
- [The threatening global food crisis on Hormuz closure](https://businessamlive.com/the-threatening-global-food-crisis-on-hormuz-closure/): Global food security obviously, seems to be heading for a raw deal, and drifting to the edge of a precipice, as the closure of the Strait of Hormuz has persisted since the Iran war in the Gulf region erupted on 28th of February, 2026. The closure has actually disrupted the seamless flow of the global energy supply chain, by as much as 30 percent reduction in global fertilizer trade, with the critical energy supplies for fertiliser production. The looming fertiliser crisis is the aftermath of this triggered supply shock on volume of fertilizer exports, which amounted to about 1.33 million tons of nitrogen-intensive fertiliser in the first month; of daily passage of energy (LNG) carriers and oil tankers that have suddenly scaled down, by as much as a fifth of a normal daily traffic. Global agribusiness is already experiencing identified hiccups along the value chain of global food production systems. One therefore needs to imagine what becomes of the future and the fate of humankind in terms of global food scarcity, if the Iran war and tension around this waterway chokepoint lingers. Obviously, the threat of global food supplies shortages and food crisis would throw the entire globe into a state of acute hunger; with $3.5 trillion equivalent to 3.15 percent of global GDP at risk in a prolonged closure of the Strait of Hormuz.
- [Reintegration without justice: Nigeria’s dangerous security gamble](https://businessamlive.com/reintegration-without-justice-nigerias-dangerous-security-gamble/): The scale and composition of this cohort are significant. The 744 individuals are reported to include a mix of low-level fighters, logistics supporters, and individuals conscripted or coerced into insurgent networks, primarily from Borno, Yobe, and Adamawa States, with a small number of foreign nationals linked to cross-border insurgent activity in the Lake Chad Basin. Their participation in Operation Safe Corridor followed screening by security agencies to determine eligibility, typically excluding those considered to have committed grave atrocities. Over the course of rehabilitation, participants underwent deradicalisation anchored in religious re-education, psychosocial therapy to address trauma and extremist conditioning, and vocational training designed to support economic reintegration. The underlying assumption is that economic agency, combined with ideological disengagement, reduces the likelihood of recidivism.
- [Lessons from fire-foraging birds for fintech innovation in Nigeria](https://businessamlive.com/lessons-from-fire-foraging-birds-for-fintech-innovation-in-nigeria/): Fintech innovation the savannahs of Northern Australia, raptors have been observed doing something remarkable. They pick up burning twigs from active bushfires and drop them in unburnt areas to flush out prey. This behaviour often described as fire-foraging is not about destruction for its own sake. It is a calculated exploitation of a chaotic event to create opportunity. At first glance, this may seem far removed from the structured, regulated world of financial technology. Yet, on closer reflection, the analogy is striking and instructive. Nigeria’s fintech ecosystem, one of the most dynamic in Africa, can draw powerful lessons from this unlikely source about innovation, adaptability, and responsibility in a fast-evolving landscape.
- [Equity and depth question in Nigeria’s health insurance coverage](https://businessamlive.com/equity-and-depth-question-in-nigerias-health-insurance-coverage/): Nigeria’s health insurance system has reached a critical inflection point, one defined not by a lack of progress, but by the limits of that progress. As of Q4 2025, total enrollment exceeds 21.7 million people, up from approximately 16.83 million in Q2 of the same year. On paper, this reflects momentum, institutional commitment, and growing awareness. In reality, however, it reveals a deeper structural paradox: Nigeria has achieved expansion, but not inclusion; scale, but not depth.
- [Designed for the world that is coming](https://businessamlive.com/designed-for-the-world-that-is-coming/): I have spent five decades watching the world accelerate. Health systems stretched to their seams. Economies reordering themselves around algorithms. Technology, evolving faster than the human nervous system can absorb. And leadership — that ancient, irreplaceable art — being tested in real time, in full public view, with no script and no net.
- [‘Déjà Vu’: This oil windfall must tackle our electricity crisis](https://businessamlive.com/deja-vu-this-oil-windfall-must-tackle-our-electricity-crisis/): “Déjà Vu” is a French phrase meaning “already seen.” More colloquially, it translates to “here we go again” or “we have seen this movie before.”
- [European Spring: A decade and half after Arab Spring (2)](https://businessamlive.com/european-spring-a-decade-and-half-after-arab-spring-2/): Intricate politics involving power tussles between the European Union (EU) leadership and various nations' leadership are unfolding in some interesting forms. Of particular interest are hot button issues that are emotionally charged, posing tough choices for politicians and serving as bones of contention between the EU politicians and those leading specific countries. Dramatic rancour about migration and demographics in Europe, North America and elsewhere is unfolding in somehow bewildering ways. Beyond Europe, the unfolding events will have global ramifications, the aftermath of which might turn round to further harm the region in the long run. For this reason, attention to Western Europe is considered of great significance in the sense that, already, the countries making up the entire EU seem to be going through some internal turmoil, with consequences far beyond their borders.
- [The first alibi: Corruption](https://businessamlive.com/the-first-alibi-corruption/): It is partially true. That is not what makes it dangerous. What makes it dangerous is what its own logic implies. If corruption is the problem, the solution is cheap — far cheaper than what it has cost to keep the problem going for fifty years.
- [Nigeria’s revert to colonial times in UK’s Coventry University deal](https://businessamlive.com/nigerias-revert-to-colonial-times-in-uks-coventry-university-deal/): A casual consideration of this initiative makes it look plausible and worthwhile; but a deeper analysis exposes it as a direct indictment of the entire higher education system in Nigeria. The move shows that no existing Nigerian university offers “world-class” education as the Coventry University campus would soon offer in Nigeria. It also means that even if Nigerian universities do offer “world class” education, the tag of ‘UK’ to degrees makes the holders (more) employable in the market place.
- [Africa’s development needs leaders like Adesina who can deliver](https://businessamlive.com/africas-development-needs-leaders-like-adesina-who-can-deliver/): Last week Saturday in Accra, Ghana, a cross section of Africa’s political, business and diplomatic community gathered to honour Dr Akinwumi A. Adesina, the immediate past President of the African Development Bank as he received the African Lifetime Achievement Award organised by The Heritage Times. The room brought together, His Excellency President John Mahama of the Republic of Ghana, the former President of Botswana, His Excellency Dr. Seretse Khama Ian Khama, continental business leaders, development partners, family, friends and colleagues who have seen his work across different chapters of public service. The evening was more than a ceremony. It was a reminder of what principled leadership can achieve on a continent where development outcomes often depend on the strength of institutions and the people who lead them.
- [The Digital Ledger: Can Generative AI formalise Nigeria’s informal economy?](https://businessamlive.com/the-digital-ledger-can-generative-ai-formalise-nigerias-informal-economy/): Yet, for all its vibrancy, this sector exists in a shadow. It is an economy built on cash, memory, and "gentleman’s agreements." For the average trader, this lack of formal structure is a ceiling. Without records, there is no credit; without data, there is no growth. However, the rise of Generative AI (GenAI) is starting to offer a bridge between the chaotic hustle of the marketplace and the structured world of formal finance.
- [Commonwealth universities leaders’ conference  postponed on security concerns](https://businessamlive.com/commonwealth-universities-leaders-conference-postponed-on-security-concerns/): Organisers of the forthcoming Commonwealth Universities Leaders Conference, initially scheduled to take place from April 23 to 24 in Abuja, have announced that the event will be rescheduled due to security concerns.
- [The new centre of market resilience](https://businessamlive.com/the-new-centre-of-market-resilience/): Investors trading across Africa require custody services and internationally experienced custodians to protect their portfolios and process their transactions securely. These services are essential for developing capital markets. As more investors buy assets throughout Africa, they require custodians with a global presence who can leverage local service capabilities.
- [Apple rethinks standard iPhone as cost pressures mount](https://businessamlive.com/apple-rethinks-standard-iphone-as-cost-pressures-mount/): Apple Inc. is reportedly preparing a notable restructuring of its upcoming iPhone lineup, with new supply chain leaks indicating that the standard iPhone 18 will be repositioned closer to the company’s more affordable “e” series in both specifications and production design.
- [Bitcoin rallies toward $78,000 as US-Iran ceasefire boosts risk appetite](https://businessamlive.com/bitcoin-rallies-toward-78000-as-us-iran-ceasefire-boosts-risk-appetite/): Bitcoin rose close to the $78,000 mark after renewed geopolitical calm eased investor concerns, reinforcing the cryptocurrency’s growing role as both a risk asset and a macro hedge in global markets.
- [Wema Bank secures national licence future with N264.7bn capital base](https://businessamlive.com/wema-bank-secures-national-licence-future-with-n264-7bn-capital-base/): Wema Bank Plc has cemented its position among Nigeria’s top-tier lenders after surpassing the Central Bank of Nigeria’s (CBN) revised capital requirements, completing its recapitalisation exercise well ahead of schedule and strengthening its capacity for nationwide expansion.
- [Nigerian Breweries rebuilds financial stability after N141bn debt reduction](https://businessamlive.com/nigerian-breweries-rebuilds-financial-stability-after-n141bn-debt-reduction/): Nigeria’s largest brewer, Nigerian Breweries Plc, is driving toward balance sheet strength and capital discipline as the cornerstone of its recovery strategy, signaling a shift from expansion-led growth to financial resilience following a N141bn debt reduction, according to its financials.
- [Lagos Free Zone, CEVA launch W/Africa’s global logistics warehouse](https://businessamlive.com/lagos-free-zone-ceva-launch-w-africas-global-logistics-warehouse/): Lagos Free Zone, home to the multi-billion naira Lekki Deep Sea Port, and CEVA Logistics, a world reference in third-party logistics, have signed a joint venture (JV) agreement, establishing the first global logistics leader-operated warehouse within the Lagos Free Zone.
- [Argentina tops global stablecoin readiness amid currency pressures](https://businessamlive.com/argentina-tops-global-stablecoin-readiness-amid-currency-pressures/): Argentina has emerged as the world’s most prepared economy for the adoption of stablecoins, highlighting a growing shift toward digital currencies as a hedge against macroeconomic instability, according to a new April 2026 report.
- [High-spending Swiss consumers drive global luxury boom](https://businessamlive.com/high-spending-swiss-consumers-drive-global-luxury-boom/): Global demand for luxury goods is being increasingly driven by high-spending consumers in Switzerland and Hong Kong, even as digital engagement and younger buyers redefine how premium brands are discovered and purchased.
- [Global players show African credit appetite with Liquid Tech’s $660m bond deal](https://businessamlive.com/global-players-show-african-credit-appetite-with-liquid-techs-660m-bond-deal/): Fitch Ratings upgraded Liquid Intelligent Technologies ahead of launch. Moody’s has placed the issuer on Review for Upgrade. The convergence of two agency actions reinforces our improved financial profile and will be noted by investors who track African credit closely, according to Hardy Pemhiwa, group chief executive officer of Liquid Tech.
- [Nigerians making contributions to the UK’s tech ecosystem](https://businessamlive.com/nigerians-making-contributions-to-the-uks-tech-ecosystem-2/): A growing wave of Nigerian technology professionals is contributing to the UK’s evolving tech and start-up ecosystem, with increasing visibility across sectors such as artificial intelligence, fintech, and digital infrastructure.
- [US retail sales surge 1.7% in March as soaring gas prices drive spending spike](https://businessamlive.com/us-retail-sales-surge-1-7-in-march-as-soaring-gas-prices-drive-spending-spike/): US retail sales surge 1.7% in March as soaring gas prices drive spending spike
- [Apple names John Ternus as next CEO, Tim Cook to become executive chairman](https://businessamlive.com/apple-names-john-ternus-as-next-ceo-tim-cook-to-become-executive-chairman/): Apple Inc. has announced a major leadership transition, naming John Ternus as its next chief executive officer, with effect from September 1, 2026, as long-serving CEO Tim Cook prepares to step into a new role as executive chairman of the company’s board.
- [Tinubu picks Oyedele as finance minister in lean cabinet shake-up](https://businessamlive.com/tinubu-picks-oyedele-as-finance-minister-in-lean-cabinet-shake-up/): President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council (FEC), elevating Taiwo Oyedele to the role of minister of finance and coordinating minister of the economy in a move widely seen as a strategic recalibration of the administration’s economic management team.
- [Nigeria leads Africa’s AI charge as 4 startups join Google Accelerator](https://businessamlive.com/nigeria-leads-africas-ai-charge-as-4-startups-join-google-accelerator/): Nigeria’s technology ecosystem has recorded a significant milestone as four homegrown startups; Bani, MasteryHive AI, Regxta, and Termi, earned places in the 10th cohort of the Google for Startups Accelerator Africa, underscoring the country’s growing dominance in the continent’s innovation landscape.
- [NiRA raises concerns over Nigeria’s reliance on foreign domains](https://businessamlive.com/nira-raises-concerns-over-nigerias-reliance-on-foreign-domains/): The Nigeria Internet Registration Association (NiRA) has expressed concern over Nigeria’s increasing dependence on foreign domain names, warning that the trend could weaken the country’s control over its digital identity and limit economic benefits from its growing online ecosystem.
- [Amazon, Anthropic deepen AI collaboration in massive cloud deal ](https://businessamlive.com/amazon-anthropic-deepen-ai-collaboration-in-massive-cloud-deal/): Amazon has announced plans to invest up to $25 billion more in Anthropic, an artificial intelligence company, in a major expansion of their strategic partnership that also includes a long-term cloud computing commitment expected to exceed $100 billion over the next decade.
- [Online scam exposure rises across META despite high user confidence ](https://businessamlive.com/online-scam-exposure-rises-across-meta-despite-high-user-confidence/): A growing disconnect between perceived digital awareness and actual vulnerability is exposing millions of users in the Middle East, Turkiye and Africa (META) region to online scams, according to a recent survey by Kaspersky.
- [VASPA unveils framework to formalise Nigeria’s $92bn crypto market ](https://businessamlive.com/vaspa-unveils-framework-to-formalise-nigerias-92bn-crypto-market/): The Virtual Asset Service Providers Association (VASPA) has introduced a new regulatory framework aimed at integrating Nigeria’s rapidly growing virtual asset market into the formal financial system, in a move that could reshape oversight, taxation, and participation in the sector.
- [WATRA flags cable risks to West Africa’s $100bn digital market ](https://businessamlive.com/watra-flags-cable-risks-to-west-africas-100bn-digital-market/): The West African Telecommunications Regulators Assembly (WATRA) has raised concerns over growing vulnerabilities in West Africa’s digital infrastructure, warning that recurring submarine cable disruptions and weak resilience frameworks could threaten the region’s fast-expanding digital economy, now estimated at over $100 billion.
- [ZIGChain, Beehive advance tokenised SME lending model](https://businessamlive.com/zigchain-beehive-advance-tokenised-sme-lending-model/): ZIGChain has entered a partnership with Beehive to explore the tokenisation of private credit opportunities, marking a significant step toward bringing regulated investment products on-chain in the Middle East.
- [Nigeria’s crude exports hit 55.39m barrels amid Dangote supply shortfall](https://businessamlive.com/nigerias-crude-exports-hit-55-39m-barrels-amid-dangote-supply-shortfall/): Nigeria exported 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery struggles with inadequate domestic feedstock supply.
- [UK state pension compared globally: Why Britons should consider ISAs, SIPPs, and private investments](https://businessamlive.com/uk-state-pension-compared-globally-why-britons-should-consider-isas-sipps-and-private-investments/): Mark Hartley examines how the UK State Pension stacks up against global peers, highlighting why relying solely on it may not be enough for a comfortable retirement and why Britons should explore additional savings and investment options.
- [Private equity finds exit path in Nigeria’s capital market](https://businessamlive.com/private-equity-finds-exit-path-in-nigerias-capital-market/): Nigeria’s capital market is emerging as a more credible exit route for institutional investors, according to Temi Popoola, who cited recent high-value transactions and ongoing structural reforms as key drivers of improved market functionality.
- [NGX market cap hits N140.44trn as banking stocks lead bullish rally](https://businessamlive.com/ngx-market-cap-hits-n140-44trn-as-banking-stocks-lead-bullish-rally/): The market capitalisation of the Nigerian Exchange (NGX) climbed to N140.44 trillion on Monday, April 20, as equities extended gains amid renewed investor positioning ahead of dividend season.
- [Nigeria backs Flutterwave listing with $75m sovereign investment](https://businessamlive.com/nigeria-backs-flutterwave-listing-with-75m-sovereign-investment/): The federal government is set to invest $75 million in the planned $250 million initial public offering (IPO) of Flutterwave, marking a significant step in its strategy to deepen participation in Nigeria’s technology sector and strengthen domestic capital markets.
- [NCC, CBN launch TIRMS portal to strengthen digital identity security](https://businessamlive.com/ncc-cbn-launch-tirms-portal-to-strengthen-digital-identity-security/): The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to leverage the potentials of the telecommunications and financial sectors.
- [The digital imperative for women-led businesses in Nigeria](https://businessamlive.com/the-digital-imperative-for-women-led-businesses-in-nigeria/): Nigeria is targeting an ambitious $1 trillion economy by 2030. To achieve this, women-led businesses must transition from mere passive observers to primary growth drivers at the heart of the economy, and strategic participants in their respective industries. 
- [Which commodity is best for trading?: A beginner’s guide to smart investment](https://businessamlive.com/which-commodity-is-best-for-trading-a-beginners-guide-to-smart-investment/): Commodity trading is a cornerstone of financial trading, offering investors opportunities to make a profit from price movements in essential goods such as precious metals, oil, and agricultural products. As the year 2026 progresses, the increasing economic shifts and technological advancements are reshaping how people trade commodities.
- [Flood insurance payouts can be delivered in weeks, not years ](https://businessamlive.com/flood-insurance-payouts-can-be-delivered-in-weeks-not-years/): In this interview, Mike Bennett, head of Government Solutions, North America at ICEYE, a space technology company providing global satellite monitoring solutions through advanced synthetic aperture radar (SAR) imaging, speaks with Business a.m’s Joy Agwunobi on how satellite-based flood observation is redefining how payouts are activated, reducing delays associated with traditional claims processes, and shaping the case for wider adoption of parametric insurance in high-risk, low-coverage markets like Nigeria. Excerpts:
- [NAICOM, UNDP deepen push for insurance-led economic stability ](https://businessamlive.com/naicom-undp-deepen-push-for-insurance-led-economic-stability/): This direction was reinforced during a recent high-level engagement between the National Insurance Commission (NAICOM) and the United Nations Development Programme (UNDP), where both institutions reviewed opportunities to strengthen insurance as a tool for national development. Central to the discussions was how the industry can better respond to climate-related risks while also widening access to insurance protection for more Nigerians.
- [Systemic risk driving capital away from long-term investment – WEF ](https://businessamlive.com/systemic-risk-driving-capital-away-from-long-term-investment-wef/): The World Economic Forum (WEF) has warned that systemic risk is increasingly becoming a defining force behind global economic growth, describing it as a “hidden tax” that quietly raises costs, discourages innovation and weakens resilience across economies.
- [Parents, children in Nigeria least supportive of under-16s social media ban](https://businessamlive.com/parents-children-in-nigeria-least-supportive-of-under-16s-social-media-ban/): Further detail shows that 41 percent of Nigeria’s Gen Z, regarded as the first true digital natives, support a social media ban for under-16s, compared to 51 percent globally. 
- [Nigeria’s pension system traps N30bn as oversight weakens](https://businessamlive.com/nigerias-pension-system-traps-n30bn-as-oversight-weakens/): Thousands of Nigerian workers face uncertainty over their retirement savings as nearly N30 billion in pension contributions remains uncredited to their accounts. The N29.84 billion backlog, already deducted from salaries, is stalled within the system due to data mismatches, employer reporting gaps, and weak coordination across pension administrators.
- [Oil, banking stocks power N8.67trn gain in Nigerian stock market ](https://businessamlive.com/oil-banking-stocks-power-n8-67trn-gain-in-nigerian-stock-market/): Nigeria’s stock market extended its bullish momentum last week, adding N8.67 trillion in investor wealth as sustained demand for oil and gas, banking, and consumer stocks drove one of the strongest weekly performances in recent months on the Nigerian Exchange (NGX).
- [Importers face margin squeeze as Nigeria raises tariffs up to 70%-CPPE](https://businessamlive.com/importers-face-margin-squeeze-as-nigeria-raises-tariffs-up-to-70-cppe/): Nigeria’s 2026 fiscal policy framework is being interpreted as a decisive shift toward domestic production and industrialisation, according to the Centre for the Promotion of Private Enterprise (CPPE). However, the organisation warns that the transition may impose significant adjustment pressures on businesses heavily reliant on imports.
- [The Macallan targets Nigeria’s luxury spirits market with new collection design ](https://businessamlive.com/the-macallan-targets-nigerias-luxury-spirits-market-with-new-collection-design/): The Macallan, world-renowned single-malt Scotch whisky, introduced a new chapter in its visual identity on Friday April 17, 2026, with the unveiling of its redesigned Double Cask and Sherry Oak Collections through the Timeless Collection launch in Lagos. The evening marked the brand's transition from its existing packaging to a striking new visual identity, representing a brand evolution moment that reinforces The Macallan's craftsmanship, progress and premium positioning, while preserving the liquid that has defined the brand for generations.
- [CIS honours Jumbee Group chair, Adeniji with honourary fellowship for market impact ](https://businessamlive.com/cis-honours-jumbee-group-chair-adeniji-with-honourary-fellowship-for-market-impact/): The Chartered Institute of Stockbrokers (CIS) has conferred its Honorary Fellowship on Abiodun Adeniji, group chairman and chief executive of Jumbee Group, in recognition of what it described as his outstanding contributions to Nigeria’s financial markets and broader economic development.
- [Nigerian Breweries rebuilds profitability amid Nigeria’s consumer downturn ](https://businessamlive.com/nigerian-breweries-rebuilds-profitability-amid-nigerias-consumer-downturn/): Nigerian Breweries plc has returned to profitability, supported by cost-cutting measures and balance sheet improvements, even as consumer demand remains under pressure. The company expects growth to strengthen in 2026, although current gains are largely driven by internal adjustments. 
- [The new arms race: Why AI security is becoming the next big market](https://businessamlive.com/the-new-arms-race-why-ai-security-is-becoming-the-next-big-market/): Healthcare offers another sharp illustration. AI is being used to support diagnostics, triage patients, and optimise treatment pathways. These systems operate on highly sensitive data and, more importantly, influence life-critical decisions. A manipulated model could misclassify a condition or delay an intervention. The consequence is not just reputational damage but clinical harm. Here, AI security intersects directly with patient safety. Expect to see a new class of assurance frameworks emerge, blending cybersecurity, clinical governance, and algorithmic accountability.
- [Jensen Huang defends chip sales to China in heated debate, warns against losing AI influence](https://businessamlive.com/nvidia-ceo-jensen-huang-clashes-on-u-s-china-chip-sales-downplays-ai-security-fears/): Nvidia CEO Jensen Huang sparked a heated debate during a recent podcast appearance with Dwarkesh Patel, where the two discussed whether the United States should continue selling advanced AI chips to China.
- [Oil tumbles as traders unwind risk premium after Hormuz reopening ](https://businessamlive.com/oil-tumbles-as-traders-unwind-risk-premium-after-hormuz-reopening/): Global oil prices plunged on Friday after Iran and the United States moved to temporarily reopen the Strait of Hormuz, removing restrictions on one of the world’s most critical energy shipping chokepoints and triggering a rapid unwind of risk premiums that had driven crude higher in recent months.
- [Gold steadies, extends weekly gain on easing geopolitical risk ](https://businessamlive.com/gold-steadies-extends-weekly-gain-on-easing-geopolitical-risk/): Gold prices held steady on Friday, extending a fourth consecutive weekly gain as easing geopolitical tensions between the United States and Iran tempered inflation expectations and shifted interest rate outlooks in global financial markets.
- [Cocoa drops on bearish demand, surplus outlook ](https://businessamlive.com/cocoa-drops-on-bearish-demand-surplus-outlook/): Global cocoa prices fell for a second consecutive session on Friday, extending a selloff driven by weakening demand signals across major consumption regions and rising indications of ample global supply, reinforcing concerns that the market may be entering a sustained correction phase after recent highs.
- [Airtime credit services caught in regulatory shift toward digital lending oversight ](https://businessamlive.com/airtime-credit-services-caught-in-regulatory-shift-toward-digital-lending-oversight/): Nigeria’s consumer protection watchdog has stepped in to dispel mounting confusion over the status of airtime and data advance services, following recent suspensions by major telecom operators that triggered widespread speculation of a regulatory crackdown.
- [How trust-based digital interactions became a $20bn global fraud target ](https://businessamlive.com/how-trust-based-digital-interactions-became-a-20bn-global-fraud-target/): Global financial losses from cybercrime climbed to $20.877 billion in 2025, underscoring the accelerating scale and sophistication of digital threats, according to the latest report released by the Federal Bureau of Investigation (FBI).
- [Nigeria’s sunflower boom risks becoming another raw commodity trap](https://businessamlive.com/nigerias-sunflower-boom-risks-becoming-another-raw-commodity-trap/): A high-stakes transition is underway in the sunflower sector, where rising production is beginning to outpace the systems required to convert output into real economic value. What is emerging is not a supply problem, but a structural one on how to bridge the gap between farm-level gains and industrial-scale returns.
- [Inside the $5m tax blunder: How a flagged case slipped through the cracks at the Canada Revenue Agency](https://businessamlive.com/inside-the-5m-tax-blunder-how-a-flagged-case-slipped-through-the-cracks-at-the-canada-revenue-agency/): A costly internal breakdown at the Canada Revenue Agency is raising fresh concerns about the risks of automation in public finance, after court records revealed the agency issued nearly $5 million to a taxpayer based on what it later deemed an invalid filing.
- [Nigerian investors, stakeholders advocate ISSB adoption to unlock $31.5bn financing gap ](https://businessamlive.com/nigerian-investors-stakeholders-advocate-issb-adoption-to-unlock-31-5bn-financing-gap/): This agenda gained fresh momentum at a three-day IFRS Sustainability Reporting capacity-building workshop in Lagos, convened by the Impact Investors Foundation (IIF) and the Corporate Reporting Academy (CRA). The event brought together regulators, corporates, and development actors to accelerate Nigeria’s readiness for the adoption of the International Sustainability Standards Board (ISSB) framework.
- [Dangote plans refinery IPO to fund $40bn expansion drive ](https://businessamlive.com/dangote-plans-refinery-ipo-to-fund-40bn-expansion-drive/): A landmark capital markets transaction is taking shape in Africa’s energy sector as Aliko Dangote prepares to open up a portion of his flagship refinery business to public investors, in a move that could redefine how large-scale industrial assets on the continent are financed.
- [How Tony Elumelu made $367m from Seplat in 100 days ](https://businessamlive.com/how-tony-elumelu-made-367m-from-seplat-in-100-days/): A carefully timed equity investment in Nigeria’s oil and gas sector has delivered strong returns for Tony Elumelu, whose firm Heirs Holdings acquired a 20.07 per cent stake in Seplat Energy PLC in late 2025. The investment has since gained around $367 million in value within 100 days, reflecting renewed confidence in upstream energy assets. 
- [Manufacturers warn fuel import policy could hurt industrial growth ](https://businessamlive.com/manufacturers-warn-fuel-import-policy-could-hurt-industrial-growth/): Manufacturers are intensifying calls for a shift away from fuel import liberalisation, warning that short-term interventions in the downstream petroleum market could undermine long-term industrial competitiveness and deepen structural weaknesses in the economy.
- [FairMoney identifies financial survival tips for Nigerian freelancers](https://businessamlive.com/fairmoney-identifies-financial-survival-tips-for-nigerian-freelancers/): In a new advisory, Margaret Banasko, head of marketing at FairMoney Microfinance Bank, says survival in today’s environment depends less on income growth and more on disciplined savings and cost management.
- [Fuel price cuts may hurt oil firms, COMAC warns as government absorbs costs](https://businessamlive.com/fuel-price-cuts-may-hurt-oil-firms-comac-warns-as-government-absorbs-costs/): The Chamber of Oil Marketing Companies (COMAC) has expressed concern over the government’s recent fuel price intervention, cautioning that the policy could put significant financial pressure on oil marketing companies (OMCs).
- [OPay transfer dispute emerges after N100,000 sent to wrong account](https://businessamlive.com/opay-transfer-dispute-emerges-after-n100000-sent-to-wrong-account/): A growing wave of disputed digital transfers in Nigeria’s fast-expanding fintech ecosystem is raising fresh concerns about consumer protection, dispute resolution frameworks, and the operational safeguards within mobile money platforms.
- [UK travel firm collapse: Regen Central Ltd cancels all bookings after entering liquidation](https://businessamlive.com/uk-travel-firm-collapse-regen-central-ltd-cancels-all-bookings-after-entering-liquidation/): All bookings made through UK-based travel agency Regen Central Ltd have been cancelled after the company officially entered liquidation and ceased trading.
- [Google blocks 8.3bn ads in AI-led safety drive](https://businessamlive.com/google-blocks-8-3bn-ads-in-ai-led-safety-drive/): Google has unveiled its 2025 Ads Safety Report, signaling a decisive escalation in the use of generative artificial intelligence to police the global digital advertising ecosystem, with significant implications for Nigeria’s fast-expanding online economy.
- [Zoho Nigeria champions digital innovation at Guardian woman festival](https://businessamlive.com/zoho-nigeria-champions-digital-innovation-at-guardian-woman-festival/): Zoho Nigeria has intensified its push for inclusive digital transformation through a strategic partnership with Guardian Newspapers at the recently concluded Guardian Woman Festival, a month-long initiative spotlighting the economic and social contributions of women while advancing conversations around digital empowerment.
- [Guinness Nigeria’s N2 dividend offers boost to investors after strong Q1](https://businessamlive.com/guinness-nigerias-n2-dividend-offers-boost-to-investors-after-strong-q1/): Guinness Nigeria Plc has announced an interim dividend of ₦2.00 per ordinary share for the quarter ended March 31, 2026, underscoring a strong earnings rebound and signalling renewed commitment to shareholder value amid improving financial performance.
- [Global South launches borrowers’ platform to strengthen debt negotiation power](https://businessamlive.com/global-south-launches-borrowers-platform-to-strengthen-debt-negotiation-power/): Finance ministers and central bank governors from across the Global South are convening in Washington this week during the IMF-World Bank Spring Meetings to formally launch a new Borrowers’ Platform; an initiative they aim to use to amplify the collective voice of debtor nations and reshape the architecture of sovereign debt negotiations in what could mark a turning point in global financial governance. 
- [Olam Agri bets $50m on soy value chain](https://businessamlive.com/olam-agri-bets-50m-on-soy-value-chain/): Olam Agri has stepped up its investment in Nigeria’s food and agriculture value chain with the commissioning of a $50 million soybean crushing plant and feed milling facility in Ilorin, Kwara State, alongside the launch of a new consumer edible oil brand aimed at capturing growing demand for healthier cooking products.
- [Safe-haven gold loses shine amid rate, war signals](https://businessamlive.com/safe-haven-gold-loses-shine-amid-rate-war-signals/): Gold prices edged lower in Asian trading on Wednesday, retreating from a one-month high as investors recalibrated positions amid shifting expectations around U.S.-Iran diplomacy and the trajectory of U.S. interest rates.
- [Oil falls as diplomacy trumps conflict fears](https://businessamlive.com/oil-falls-as-diplomacy-trumps-conflict-fears/): Global oil prices declined for a second consecutive session on Wednesday as renewed expectations of diplomatic engagement between the United States and Iran softened fears of prolonged supply disruption from the Middle East, even as physical constraints in the region persist.
- [Moniepoint, ALX deepen women’s enterprise with skills-led financial inclusion drive](https://businessamlive.com/moniepoint-alx-deepen-womens-enterprise-with-skills-led-financial-inclusion-drive/): Tosin Eniolorunda, group chief executive of Moniepoint Inc., is intensifying efforts to reposition financial inclusion beyond access to capital, with a renewed focus on enterprise capability and financial literacy among women entrepreneurs.
- [IEA, IMF, World Bank warn Middle East war could deepen global energy crisis](https://businessamlive.com/iea-imf-world-bank-warn-middle-east-war-could-deepen-global-energy-crisis/): The International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have raised fresh concerns over the worsening economic consequences of the ongoing war in the Middle East, warning that the conflict is triggering a far-reaching shock to global energy markets and the broader world economy.
- [Access Bank retains most valuable brand crown](https://businessamlive.com/access-bank-retains-most-valuable-brand-crown/): Access Bank Plc has maintained its position as Nigeria’s most valuable brand for the fifth consecutive year, underscoring the lender’s resilience and move towards regional expansion despite macroeconomic headwinds.
- [Crude reserves: Nigeria, Africa’s irony of poverty](https://businessamlive.com/crude-reserves-nigeria-africas-irony-of-poverty/): Nigeria and Africa’s crude oil business posts a relativity of poverty and income. The continent, with crude oil reserves estimated to be approximately 125 billion barrels (bbl) representing 7-8 percent of global total reserves, yet it’s oil market “sits at the intersection of scale and structural inefficiency”, according to a recent analysis.
- [You can’t scale trust if you can’t see risk](https://businessamlive.com/you-cant-scale-trust-if-you-cant-see-risk/): Trust is often spoken about in boardrooms as if it were an output, something that emerges from doing the right things consistently over time. It appears in strategy documents and investor communications as both a differentiator and an aspiration. Yet in businesses built on digital infrastructure, particularly in financial services, trust is less an outcome and more a function of design. It is created, or undermined, by the systems that support how an organisation operates at scale.

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