April 2026 – Page 42

30 teams advance in the Nigerian Engineering Olympiad

08.04.2026

Thirty innovation teams have emerged in the Nigerian Engineering Olympiad, an initiative designed to bridge the gap between theoretical engineering education and industrial application in the country. The organisers announced that the teams advanced to the regional phase of the national competition after emerging from an initial pool of 375 submissions, with five projects selected...

NCC orders telcos to compensate subscribers for poor service

08.04.2026

The Nigerian Communications Commission has directed mobile network operators to compensate subscribers affected by prolonged or repeated poor quality of service, under a new framework that takes effect from April 2026. The commission said the move was aimed at ensuring accountability in the telecommunications sector. Telcos are now required to identify affected subscribers and provide...

World Bank Predicts 3.1% Inflation Rise for Nigeria

08.04.2026

The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points to Nigeria’s headline inflation, as rising fuel costs ripple through the economy. The bank highlighted the widening gap between locally refined petrol and imported fuel as a key factor driving inflationary pressures in the downstream...

Investors eye Africa’s $350bn digital market at GITEX

08.04.2026

Global investors are eyeing Africa’s $350bn digital market as they converge on Marrakech for the fourth edition of GITEX Africa Morocco, which opened on Tuesday. The event brings together more than 1,450 exhibitors and over 800 startups from 145 countries in what organisers describe as the continent’s largest technology and digital economy gathering. The three-day...

Global shocks reshape Nigeria’s fiscal strategy, says minist

08.04.2026

Nigeria’s fiscal decisions are increasingly shaped by global shocks, requiring data-driven policies and swift interventions to manage economic uncertainty, Minister of State for Finance Taiwo Oyedele said. Speaking at a dinner hosted in his honour by the Association of Chartered Certified Accountants Nigeria, Oyedele said recent disruptions, including the COVID-19 pandemic, the Russia-Ukraine war and...

Closing the Support Gap for Autistic Children in Nigeria

08.04.2026

Stakeholders, educators and parents gathered in Lagos for the 2026 Autism Acceptance Conference, where advocates called for stronger support systems and greater inclusion for children living on the autism spectrum, highlighting persistent gaps between policy discussions and everyday realities faced by families. The conference, organised recently by the Bethel Xafe Autism Foundation to coincide with...

Ouranos Technologies Strengthens Board for African Expansion

08.04.2026

Ouranos Technologies Limited has strengthened its corporate governance structure with the appointment of senior industry professionals to its Board of Directors as the enterprise technology firm positions itself for regional expansion and deeper participation in Africa’s digital transformation market. According to a statement on Tuesday, the company announced the appointment of Mr Tajudeen Ahmed as...

Business

Zenith Bank Profit Hits N1.26tn, Proposes N10 Dividend

08.04.2026

Zenith Bank Plc has announced its audited financial results for the year ended 31 December 2025, reporting a profit before tax of N1.26tn. This performance follows a high base of N1.33tn recorded in the 2024 financial year. Despite the slight moderation in pre-tax earnings, the group’s profit after tax rose marginally to N1.04tn in 2025,...

Access Bank CEO Praises Ogun State Investment Policies

08.04.2026

The Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, has lauded the Ogun State Government for implementing “investor-friendly” policies that have transformed the state into a premier destination for high-impact capital and long-term developmental partnerships. Leading a delegation of senior bank executives on a visit to Governor Dapo Abiodun, Ogbonna noted that the state’s...

Sterling Bank Tackles Women’s Credit Barriers with N500bn

08.04.2026

Sterling Bank, through its OneWoman initiative, has intensified its efforts to dismantle the structural and systemic hurdles preventing female entrepreneurs from accessing formal credit, pledging a massive N500bn in funding by 2030. During the “Funding Her Future” Breakfast Dialogue held in Lagos, the bank convened a diverse assembly of development finance institutions, ecosystem leaders, and...