March 2026 – Page 68

Global trade moves 500 billion tonnes virtual water – Report

25.03.2026

Global trade transports an estimated 500 billion tonnes of virtual water every year, the hidden water embedded in goods such as food, textiles and industrial products, indicating the growing link between international commerce and water sustainability, according to a new World Bank report. The report explains that virtual water refers to the large volumes of...

ValueJet Launches Daily Lagos to Accra Flight Route

25.03.2026

Nigerian carrier, ValueJet, has announced concluding plans to commence direct flight operations between Lagos and Accra, with its inaugural service scheduled for 30 March, as part of efforts to deepen regional connectivity across West Africa. The airline disclosed that daily flights on the Lagos–Accra–Lagos route will depart from the new terminal at Murtala Muhammed International...

DLM Capital starts N30bn SBCN plan with first payout

25.03.2026

DLM Capital Group has officially moved from proof-of-concept to proven execution, announcing the successful disbursement of the first principal and coupon payments on its Sovereign Bond-Backed Composite Notes. The payment marks a decisive turning point for the N30bn programme, which seeks to blend the high-yield opportunities of corporate structuring with the rock-solid security of sovereign...

Nigeria’s financial reforms gain global recognition

25.03.2026

Nigeria’s financial sector reforms are attracting international recognition, reflecting improving policy credibility, enhanced transparency, and gradual macroeconomic stabilisation amid ongoing efforts to restore economic balance, JIDE AJIA reports The Central Bank of Nigeria secured a major global endorsement last week after it was named Central Bank of the Year 2026 by the Central Banking Awards...

Essential Soft Skills Every Business Leader Needs

25.03.2026

Soft skills like communication, leadership, and adaptability are essential for driving business success and strong workplace relationships, JUSTICE OKAMGBA reports. People over technology Businesses are increasingly finding that success depends less on technology or capital than on people. The ability to communicate, collaborate, adapt, and lead, commonly described as ‘soft skills’, is becoming a key...

Smarter Water Systems Can Create 245 Million Jobs: W’Bank

25.03.2026

Smarter management of water resources across the global food system could help feed a projected population of 10 billion people by 2050 while creating nearly 245 million long-term jobs, many of them in sub-Saharan Africa, according to a new report released by the World Bank Group. The report, titled Nourish and Flourish: Water Solutions to...

Nigeria awards $6m contracts for broadband rollout

25.03.2026

Nigeria has opened more than $6m in contracts under the Building Resilient Digital Infrastructure for Growth Project, a World Bank-backed initiative to accelerate broadband rollout and strengthen the country’s digital economy. This means the government has officially invited companies to submit bids or proposals for the projects. Firms will be evaluated on experience, technical capability,...

ILO expands social protection to over 100 million people

25.03.2026

The International Labour Organization’s Global Flagship Programme on Building Social Protection Floors for All has extended social protection to more than 100 million people worldwide since its launch in 2016. The programme provides technical assistance to governments to strengthen national social protection systems, ensuring coverage throughout the life cycle and supporting just transitions in the...

Nigeria Needs $100bn for Power Sector Investments

25.03.2026

The Federal Government has disclosed that Nigeria requires over $100bn in combined government and private sector investments across the power sector value chain to achieve a reliable, round-the-clock electricity supply. Speaking at a press conference in Abuja on Thursday to inform the public on developments and achievements in the power sector under the current administration,...

Zenith Bank appoints Kennedy Okwudili to its board

25.03.2026

Zenith Bank Plc has appointed Kennedy Onuwa Okwudili as an executive director, strengthening its executive management team as part of its leadership succession strategy. The bank disclosed in a corporate notice that the appointment will take effect from 1 May 2026 and reflects its long-standing tradition of grooming leaders internally to sustain operational continuity and...