Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website. # 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. - [Air Peace expands African network with 4 new routes to boost trade, tourism, regional connectivity](https://businessamlive.com/air-peace-expands-african-network-with-4-new-routes-to-boost-trade-tourism-regional-connectivity/): Air Peace is set to deepen its footprint across West and Central Africa with the launch of scheduled flights from Lagos to Douala, Libreville, Bamako and Conakry from August 1, 2026, a move expected to strengthen regional trade links, support tourism flows and reinforce Lagos' growing position as a major aviation gateway on the continent. - [AfDB unveils $7bn plan to reshape Africa’s aviation financing model ](https://businessamlive.com/afdb-unveils-7bn-plan-to-reshape-africas-aviation-financing-model/): The African Development Bank (AfDB) is advancing a multi-billion-dollar aviation transformation framework aimed at overhauling aircraft financing models across Africa, with Nigeria positioned as the pilot market for a shift toward structured leasing, improved fleet access and reduced foreign exchange pressure on airlines. - [2026 world cup fuels over $13.9bn spending wave across host nations ](https://businessamlive.com/2026-world-cup-fuels-over-13-9bn-spending-wave-across-host-nations/): Analysts say the 2026 World Cup is evolving into more than a sporting event, functioning instead as a synchronised global demand shock across travel, media, digital infrastructure and consumer services. - [Why access to structured merchant financing matters for SME growth](https://businessamlive.com/why-access-to-structured-merchant-financing-matters-for-sme-growth/): By Seun Oyediran, Director, Merchant Lending - [YALI Network demands urgent action as worsening insecurity threatens education, human capital ](https://businessamlive.com/yali-network-demands-urgent-action-as-worsening-insecurity-threatens-education-human-capital/): The Young African Leaders Initiative (YALI) Network Nigeria has called for urgent measures to tackle rising insecurity and the abduction of children across the country.  - [Electronic payments boom triggers N134.48bn fraud losses in six years ](https://businessamlive.com/electronic-payments-boom-triggers-n134-48bn-fraud-losses-in-six-years/): Nigeria’s accelerated adoption of electronic payments has been one of the defining structural changes in its financial system over the past decade. Instant transfers, mobile wallets and fintech-driven payment platforms have significantly improved financial inclusion and reduced transaction costs. - [Nigeria’s financial inclusion drive hits credit wall as loan access remains low ](https://businessamlive.com/nigerias-financial-inclusion-drive-hits-credit-wall-as-loan-access-remains-low/): A growing disconnect is emerging between financial inclusion and credit access. Although more Nigerians are engaging with formal financial services than ever before, the ability to obtain loans through regulated financial institutions remains limited, raising questions about the depth and effectiveness of inclusion efforts.  - [Chief Wahala Officer: inDrive opens applications for new role in Lagos](https://businessamlive.com/chief-wahala-officer-indrive-opens-applications-for-new-role-in-lagos/): inDrive, a global mobility and urban services platform, has announced the opening of applications for the position of Chief Wahala Officer (CWO). This initiative is aimed at spotlighting the everyday transportation and delivery challenges faced by Lagos residents while celebrating the resilience, humour, and ingenuity with which they navigate these issues. - [Renewables account for 15% of global energy use despite record growth, REN21 Says](https://businessamlive.com/renewables-account-for-15-of-global-energy-use-despite-record-growth-ren21-says/): The inaugural Renewables-Based Economy (RBE) Tracker 2026 argues that measuring success through renewable power installations alone masks a deeper challenge: the world is adding clean energy capacity at unprecedented rates, yet fossil fuels continue to dominate the broader economy. - [Nigeria sees 19% gain in WEF’s energy index as SSA posts strongest improvement in 10 years](https://businessamlive.com/nigeria-sees-19-gain-in-wefs-energy-index-as-ssa-posts-strongest-improvement-in-10-years/): • But infrastructure falling, clean energy share down • Widening gap between regulatory ambition vs on-the-ground delivery Nigeria has scored more than 19 percent gain in the World Economic Forum (WEF) Energy Transition Index (ETI) over last 10 years, described as reflecting a genuine policy transformation even as sub-Saharan Africa (SSA) posted the strongest-improving region in the ETI 2026 published by the World Economic Forum (WEF) today. "Nigeria ranks 80th globally and remains Africa’s largest oil producer and the leading gas producer in West Africa, underlining the country's continued importance in shaping the region’s energy future. Nigeria's +19% ETI gain over the decade reflects a genuine policy transformation," the WEF report said. The research, carried out in partnership with Accenture indicates that the country was ranked 80th globally on the ETI, with the SSA recording the largest gains globally, emerging as one of only two regions to improve transition readiness this year. According to WEF, the SSA's ETI improvement was driven by stronger regulatory environments, rising investment, expanding energy access and gains in education and innovation. "While the region continues to face significant infrastructure and financing challenges, it is building momentum from a low base, the WEF report, which was made available to Business A.M., said. "Sub-Saharan Africa retained the highest average emissions score, though the region’s results remained broadly flat year on year," the WEF release said. However, the research warned that for the SSA to maintain the regional momentum, it will require continued investment in grids, interconnections and decentralized energy systems, alongside greater mobilization of blended finance. For Nigeria, despite making a +19% ETI gain the WEF said, the country's infrastructure were falling, and clean energy share is down over the decade, highlighting the widening gap between regulatory ambition and on-the-ground delivery. On the SSA region, Namibia and South Africa remain the region's leading performers, ranking 61st and 69th globally, respectively. South Africa continues to stand out for its role in critical minerals and efforts to mobilize transition investment. In particular, South Africa leads Sub-Saharan Africa on readiness, underpinned by strong regulation and top-10 financial investment flows, but persistent structural weaknesses in resilience, emissions and sustainability cap its overall progress. Kenya, an East African economic giant, was among the strongest improvers in the SSA region, supported by gains in innovation and investment capacity. The country's research and development spending doubled from 0.4 percent to 0.8 percent of GDP between 2022 and 2023, helping strengthen transition readiness. Also, Kenya’s gains were anchored by top-5 global emissions and resilience performance and surging clean energy investment in a near-zero fossil fuel subsidy environment. However a near-bottom energy equity ranking, declining policy stability, and falling renewable deployment define the critical gaps constraining a broader transition. It ranks 87th globally. - [Global energy transition stalls over 10 yrs, despite $3.3trn investment ](https://businessamlive.com/global-energy-transition-stalls-over-10-yrs-despite-3-3trn-investment/): • Nordic countries continue lead • Sweden, Finland, Denmark, Estonia, Norway top 5 of 60% nations with improved ETI scores • SSA make strongest gains Geopolitical tensions, supply disruptions and rising demand are driving fragmentation and slowing progress across the global energy transition landscape, despite record global investments of $3.3 trillion, according to the World Economic Forum's Energy Transition Index 2026, published today. The report, developed in collaboration with Accenture, finds that the global energy transition - defined as progress toward more sustainable, equitable and secure energy systems – has stalled despite record global investment of $3.3 trillion, including $2.3 trillion in clean energy. The WEF research points to a growing disconnect between capital deployment and transition readiness, which declined for the first time in over a decade, suggesting that investment alone is no longer enough to sustain momentum. According to the WEF report made available to Business a.m., the disruption in the Strait of Hormuz has intensified existing pressures identified in the Index, reinforcing the degree to which energy systems remain exposed to geopolitical shocks, with import-dependent emerging economies particularly affected. Additionally, supply risks and structural constraints are placing countries under increasing and uneven strain, with implications for affordability, resilience and long-term sustainability. Looking ahead, the response to the current crisis will help determine whether energy security and sustainability are treated as competing priorities or mutually reinforcing goals. Roberto Bocca, head of the centre for energy and materials at the World Economic Forum, said: “The energy transition is not reversing, but it is fracturing. “In a more volatile geoeconomic environment, security, affordability and resilience are central to sustaining progress. Closing the gap between ambition and delivery will require stronger foundations, including more diversified and resilient energy systems, faster infrastructure build-out, and capital that can reach markets where it is needed most,” Bocca stressed. The Energy Transition Index (ETI) benchmarks the performance of national energy systems across three core dimensions – security, sustainability and equity - and the readiness of the enabling environment to support the transition. Overall ETI scores remained largely unchanged year-on-year, reflecting a slowdown in global momentum. Declines in energy security and transition readiness – the policy, infrastructure, investment and innovation conditions needed to sustain long-term progress - offset gains elsewhere amid tighter financing conditions and infrastructure constraints. Despite growing headwinds, the WEF said 60 percent of countries improved their overall scores, although balanced progress is becoming more concentrated, with only one in four countries improving across all three dimensions. Muqsit Ashraf, global lead for industry and enterprise at Accenture, said, “The energy transition is entering a more disruptive and challenging phase, making enterprise resilience an increasingly important priority for business leaders”. Ashraf added that “Organizations that use technology and AI to improve adaptability, strengthen decision-making and respond more effectively to change will be better positioned to navigate uncertainty and sustain long-term growth”. Nordic countries continued to lead the ETI rankings, while Singapore was among the biggest climbers, rising 10 places in the Index, driven by new regulation and stronger political commitment. The advanced economies held 14 of the top 20 positions, but progress was uneven and largely stalled, with overall average scores rising by just 0.2 percent year-on-year. Six G20 economies ranked among the top 20: Germany (9th), France (10th), the United Kingdom (11th), China (14th), Brazil (17th) and the United States (19th). Among major economies, China continued to scale clean energy investment at record levels, India recorded one of the strongest gains in transition readiness, while the United States maintained strong energy security performance despite slipping modestly overall. At the regional level, Sub-Saharan Africa recorded the strongest gains, while Latin America weakened amid declining transition readiness. Brazil remained a regional leader, supported by its strong energy mix. Countries in the Middle East and North Africa also saw a notable decline, as weakening policy commitment and infrastructure investment weighed on progress, though Saudi Arabia stood out with gains driven by significant financial backing and renewable deployment. - [Cash dependency fuels Africa’s $330bn SME financing gap, report finds](https://businessamlive.com/cash-dependency-fuels-africas-330bn-sme-financing-gap-report-finds/): Africa's dependence on cash is imposing a multibillion-dollar drag on economic growth despite the continent becoming the world's largest mobile money market, according to a new report by Affinity Africa in collaboration with the Mo Ibrahim Foundation and Yale International Leadership Center. - [Nigeria’s Green Transition to create 10.5m jobs by 2050 – FSD report](https://businessamlive.com/nigerias-green-transition-to-create-10-5m-jobs-by-2050-fsd-report/): ·        Africa to see 84m green jobs by 2050 - [Economic carnage of misusing ex parte orders in Nigerian courts](https://businessamlive.com/economic-carnage-of-misusing-ex-parte-orders-in-nigerian-courts/): For many years, we have witnessed the widespread misuse of ex parte orders by certain judges in Nigerian courts. This trend has resulted in enormous damage to private businesses, carrying severe implications for the wider economy. - [Damn statistics! Show real impact of Nigeria’s economic reforms!](https://businessamlive.com/damn-statistics-show-real-impact-of-nigerias-economic-reforms/): These days, the media space in Nigeria is saturated with economic statistics showing that the country has literally arrived at its Eldorado, economically. Surprisingly, the figures being flaunted are given to portray a lot of intertemporal comparisons, showing that the current situation is the best in several years. - [Broken grid, massive market (5) Managing the risks in Nigeria’s electricity market](https://businessamlive.com/broken-grid-massive-market-5-managing-the-risks-in-nigerias-electricity-market/): Across this series, one argument has remained consistent: Nigeria’s electricity sector is not only a challenge — it is one of Africa’s most significant untapped commercial opportunities. That opportunity is real, but so are the risks. - [Oversight, accountability, and the future of South East Development Commission](https://businessamlive.com/oversight-accountability-and-the-future-of-south-east-development-commission/): The recent Senate oversight hearing involving the South East Development Commission (SEDC) has generated considerable public debate. Beyond the exchanges between members of the Senate Committee and representatives of the Commission, a broader conversation has emerged regarding accountability, transparency, and the future direction of one of Nigeria's newest regional development institutions. - [Study finds January births and “Carlos” most common among world cup players](https://businessamlive.com/study-finds-january-births-and-carlos-most-common-among-world-cup-players/): A large-scale historical analysis of World Cup participation has identified striking naming, birth-month and zodiac patterns among more than 9,000 players across 23 tournaments from 1930 to 2026, according to new research compiled by VegasInsider.com. - [The risk problem with investors treating African energy as one market](https://businessamlive.com/the-risk-problem-with-investors-treating-african-energy-as-one-market/): There is little doubt that Africa's energy sector represents one of the world's most significant long-term investment opportunities. However, discussions about African energy often imply a level of uniformity that simply does not exist. Investors may speak about "Africa" as a single market, but projects are ultimately developed within individual jurisdictions, each with distinct regulatory, political, financial and operational realities. - [Nigeria, others to benefit from Mauritius’ MCB $1bn Africa trade finance support](https://businessamlive.com/nigeria-others-to-benefit-from-mauritius-mcb-1bn-africa-trade-finance-support/): Nigeria and other African countries are to benefit from a $1 billion trade finance support scheme by Mauritius’ major bank, MCB over the next four years, according to a statement by the financial institution. - [CIS turns new chapter with first female president in 3 decades](https://businessamlive.com/cis-turns-new-chapter-with-first-female-president-in-3-decades/): Nigeria’s capital market is set to reach a historic milestone  as the Chartered Institute of Stockbrokers (CIS) prepares to inaugurate Fiona Ahimie as its first female president in the Institute’s three-decade history. - [CapitalSage expands global payments reach with Chimoney acquisition](https://businessamlive.com/capitalsage-expands-global-payments-reach-with-chimoney-acquisition/): The race to build globally connected financial infrastructure from Africa is gathering momentum as CapitalSage Vantage moves to expand its international footprint through the acquisition of Toronto-based payments infrastructure provider Chimoney. - [Flutterwave hits $3.2bn valuation as Ripple backs stablecoin expansion](https://businessamlive.com/flutterwave-hits-3-2bn-valuation-as-ripple-backs-stablecoin-expansion/): Flutterwave has secured a strategic investment from Ripple, a leading provider of blockchain-based enterprise solutions for traditional and digital finance,as part of its Series E fundraising round, pushing the fintech firm's valuation to $3.2 billion and strengthening its ambitions in the rapidly growing stablecoin payments market. - [Nigeria to launch digital postcode system in drive for security, service delivery](https://businessamlive.com/nigeria-to-launch-digital-postcode-system-in-drive-for-security-service-delivery/): The federal government is set to introduce a nationwide digital postcode system aimed at strengthening national security, improving emergency response, enhancing public service delivery, and supporting the growth of Nigeria's digital economy. - [Why philanthropy must step into Africa’s investment moment](https://businessamlive.com/why-philanthropy-must-step-into-africas-investment-moment/): Africa is moving from a narrative of aid to a narrative of investment. Not in slogans, but in the way leaders are framing the continent's future - at the Africa-France Summit in Nairobi, at the Africa CEO Forum in Kigali, and in the tone of every serious economic conversation happening across the continent right now. Global capital is beginning to respond: according to UNCTAD, foreign direct investment into Africa reached $97 billion in 2024, one of the strongest rebounds in recent years. Early indicators from the African Development Bank suggest that inflows in 2025 held broadly steady, likely in the $95–$105 billion range, supported by stronger macroeconomic performance across the continent. With Africa's GDP projected to grow 4.3 percent in 2026, a credible projection places FDI inflows in the $105–$115 billion range, barring major global shocks. - [The goals we cheer against South Africa, 2026 World Cup, and consequences of reputation](https://businessamlive.com/the-goals-we-cheer-against-south-africa-2026-world-cup-and-consequences-of-reputation/): The 2026 World Cup has begun, and so far, one of the tournament’s most intriguing stories has little to do with tactics, formations, or footballing ability. It raises a question many observers may struggle to answer: why are so many Africans cheering against South Africa? - [Nigeria emerges Africa’s largest stablecoin hub with $59bn inflows — IMF](https://businessamlive.com/nigeria-emerges-africas-largest-stablecoin-hub-with-59bn-inflows-imf/): Nigeria has emerged as the largest destination for stablecoin inflows in sub-Saharan Africa, with digital dollar-pegged assets increasingly becoming a preferred channel for cross-border payments, remittances and trade transactions, according to a new report by the International Monetary Fund (IMF). - [The Macallan bags bronze at 2026 Pitcher Awards for innovative beacon light box installation](https://businessamlive.com/the-macallan-bags-bronze-at-2026-pitcher-awards-for-innovative-beacon-light-box-installation/): The Macallan has been recognised at the 2026 Pitcher Awards, winning Bronze in the Outdoor Ambient & Installations category for The Beacon Light Box, a rotating illuminated billboard installation executed in Victoria Island, Lagos. - [Access Holdings appoints Sa’adu Jijji to lead ARM Pensions](https://businessamlive.com/access-holdings-appoints-saadu-jijji-to-lead-arm-pensions/): Access Holdings Plc has appointed Sa’adu A. Jijji as managing director and chief executive officer of Access ARM Pensions Limited, in a leadership change that reinforces the group’s ongoing push to strengthen executive capacity across its financial services subsidiaries. - [Dangote, AFC $600m deal targets Africa’s structural fertiliser deficit](https://businessamlive.com/dangote-afc-600m-deal-targets-africas-structural-fertiliser-deficit/): A longstanding structural weakness in Africa’s agricultural input supply chain has returned to prominence after a $600 million financing deal between the Africa Finance Corporation and the Dangote Group aimed at expanding fertiliser production capacity across key markets.  - [Africa bears brunt as global economy weathers Middle East shock, IMF says](https://businessamlive.com/africa-bears-brunt-as-global-economy-weathers-middle-east-shock-imf-says/): In its latest assessment of the global economy, the International Monetary Fund (IMF) said strong economic momentum in the United States and China, combined with continued investment in artificial intelligence and technology infrastructure, has helped cushion the impact of a prolonged energy supply shock triggered by the war. - [Core inflation emerges as key concern for Nigeria despite food price relief](https://businessamlive.com/core-inflation-emerges-as-key-concern-for-nigeria-despite-food-price-relief/): Nigeria's inflation outlook is showing mixed signals as easing food prices and improving supply conditions contrast with a resurgence of underlying price pressures, raising concerns about the durability of the country's disinflation trajectory.  - [Empty classrooms, full hearts: A behavioural look at leadership and life value](https://businessamlive.com/empty-classrooms-full-hearts-a-behavioural-look-at-leadership-and-life-value/): Children’s Day in Nigeria is supposed to be a day of colour — uniforms, parades, prizes, the noise of young people being celebrated simply for existing. This year, that noise was drowned out by a different sound: the silence of empty classrooms in Oyo State, where armed men stormed three schools, seized dozens of pupils and teachers, and left a community to grieve the killing of one of those teachers days later. A video has since circulated of another teacher, a gun to her head, forced to relay her captors’ demands to the world. - [AI won’t change what we value. It will expose what we value most.](https://businessamlive.com/ai-wont-change-what-we-value-it-will-expose-what-we-value-most/): The dominant conversation about artificial intelligence is surprisingly narrow. We debate productivity gains, job displacement, algorithmic bias, semiconductor shortages and regulatory frameworks. These are important questions, but they share a common assumption: that the primary story of AI is technological. It is not. The deeper story concerns value, specifically what societies, institutions and markets choose to value when intelligence is no longer scarce. - [Geopolitics: U.S.–Iran talks matter for African aviation](https://businessamlive.com/geopolitics-u-s-iran-talks-matter-for-african-aviation/): The fate of African aviation is being shaped not only in Lagos or Nairobi but in the tense corridors of Washington and Tehran. It may sound far-fetched, but the link is undeniable: when the United States and Iran clash or cooperate, the Strait of Hormuz trembles, oil markets react, and African airlines pay the price. Aviation is one of the most globally entangled industries, and Africa’s carriers — already fragile — are among the most exposed to geopolitical turbulence. - [Are you planning for the second half of the year?](https://businessamlive.com/are-you-planning-for-the-second-half-of-the-year/): You may not have received any of such emails or notifications, but it doesn’t mean you shouldn’t be planning for the second half of the year. As a matter of fact, you don’t need any messages from anyone to start planning. You can simply plan to increase your monthly savings by just a thousand Naira from five thousand to six thousand Naira. That’s as much as something worth achieving as a bank opening another branch in a different state. - [Celebration vs. warning signal in Nigeria’s capital importation surge](https://businessamlive.com/celebration-vs-warning-signal-in-nigerias-capital-importation-surge/): NIGERIA'S RECENT CAPITAL importation figures have generated considerable excitement among government officials, spokespersons, ruling party stalwarts, financial analysts and investors. According to data reported by official sources, capital inflows reached approximately $10 billion in the first quarter of 2026, the highest quarterly figure recorded in recent history. Since the commencement of the current administration, total capital importation has reportedly exceeded $47 billion. On the surface, these numbers appear to represent a remarkable vote of confidence in Africa's fourth largest economy. In a country that has struggled for years with foreign exchange shortages, declining investment confidence and capital flight, such inflows would ordinarily be welcomed as evidence that reforms are working. However, a closer examination of the composition of these inflows reveals a more complicated story. The key question is not merely how much capital is entering Nigeria, but what type of capital it is and what it means for short-term and long-term economic development. An important concern needs to be raised, which involves the distinction between short-term capital inflows and long-term productive investment. Both the achievements and the risks associated with recent capital inflows need to be shown in a balanced way to preserve the core concerns about low FDI and reliance on portfolio inflows, acknowledging government achievements and presenting a more balanced macroeconomic analysis suitable for business and policy considerations. - [On the xenophobia issues among African nationals](https://businessamlive.com/on-the-xenophobia-issues-among-african-nationals/): South Africa is one country on African soil that has come a long way, in terms of governance, international politics, economic and commercial activities; among many other exciting and gainful human engagements. Her history among nations has its down side in life-experiences that are very pathetic. It also has an interesting part that everyone who comes in contact with South Africa in legitimate dealings, would agree that the country is, indeed, a rare gift to the African continent. The country is very rich in solid mineral deposits like gold; and it is endowed with amazingly interesting climatic weather conditions all through the year, which is likened to what is obtainable in the northern hemisphere. This made the country (among many other factors) attractive to the early settlers from the European nations that began in 1652 when the Dutch East India Company established a base in Cape Town (then known as Cape of Good Hope); notable among them were the Portuguese, French, British, Germans, and Italians.  - [When South Africa’s fight at home echoes in Mexico stadium](https://businessamlive.com/when-south-africas-fight-at-home-echoes-in-mexico-stadium/): LATELY, SOUTH AFRICA has been in the news for the wrong reasons, chiefly the xenophobic attacks on migrant Africans of other nationalities and the pressure on these migrants to go back to their respective home countries and leave South Africa for native South Africans. Although this concept that has become an unofficial policy has gained greater momentum very recently, government officials and politicians tend to pretend that this is no problem. By their silence and tacit complicity, the hardline campaigners for the deportation of immigrant just appear bolder, now operating without deterrence as they have taken up the roles of police and Customs officials by openly asking individuals for their status documents and threatening them to leave irrespective of whether or not they are legal immigrants. They seem undeterred as they have set June 30, 2026 as their ultimatum for all African immigrants to leave South Africa. - [NAICOM pushes digital reform to close Africa’s $68bn insurance gap ](https://businessamlive.com/naicom-pushes-digital-reform-to-close-africas-68bn-insurance-gap/): The National Insurance Commission (NAICOM) has called for accelerated regulatory reforms and deeper digital transformation across Africa’s insurance industry, warning that the continent’s persistent protection gap can only be closed through innovation in distribution, stronger supervision frameworks, and improved consumer trust. - [Africa’s $3.4tn trade ambitions face insurance capacity challenge](https://businessamlive.com/africas-3-4tn-trade-ambitions-face-insurance-capacity-challenge/): As Africa intensifies efforts to create a single continental market under the African Continental Free Trade Area (AfCFTA), concerns are growing that the continent's insurance industry may lack the capacity needed to support the scale of trade, investment and infrastructure development envisioned under the agreement. - [N4trn power lifeline reopens old questions on sector reform failure](https://businessamlive.com/n4trn-power-lifeline-reopens-old-questions-on-sector-reform-failure/): A widening gap between electricity tariffs and actual power supply is intensifying pressure on Nigerian households and businesses, exposing the structural weaknesses of a sector where consumers increasingly pay premium prices for unreliable service while shouldering the additional burden of self-generated power. - [T2 suffers setback in Europe as network sees its roaming cut off](https://businessamlive.com/t2-suffers-setback-in-europe-as-network-sees-its-roaming-cut-off/): Nigerian mobile telecommunications operator, T2mobile, formerly known as 9mobile, is facing significant roaming connection setbacks across Europe after many of its subscribers who travelled out of Nigeria hoping to roam their lines found that the network has been cut off roaming by partners around the world. - [Koko bets on sports tourism to attract investment, boost local economy](https://businessamlive.com/koko-bets-on-sports-tourism-to-attract-investment-boost-local-economy/): Koko, the administrative headquarters of Warri North Local Government Area in Delta State, is positioning itself as an emerging sports tourism and recreation hub, as new investments in sporting infrastructure and event hosting are expected to stimulate local economic activity, attract visitors, and support small businesses. - [Accor, Marriott, Radisson, Hilton, global hospitality brands, grow Nigeria presence](https://businessamlive.com/accor-marriott-radisson-hilton-global-hospitality-brands-grow-nigeria-presence/): The Nigerian hospitality sector is attracting a fresh wave of international investment as global hotel brands accelerate expansion plans across the country, betting on rising corporate travel demand, urbanisation, and the long-term growth potential of Africa’s third largest economy despite persistent macroeconomic challenges. - [Nigeria set for MoMo upgrade as MTN partners Ant International ](https://businessamlive.com/nigeria-set-for-momo-upgrade-as-mtn-partners-ant-international/): MTN Group Fintech has entered into a partnership with Ant International to accelerate the transformation of its mobile money ecosystem, with Nigeria set to become one of the first markets to benefit from the initiative. - [AI, social platforms redefine Nigeria’s shopping experience ](https://businessamlive.com/ai-social-platforms-redefine-nigerias-shopping-experience/): A new study commissioned by Visa reveals that social commerce has firmly entered the mainstream in Nigeria, with 83 percent of consumers reporting that they have purchased products directly through social media platforms. The trend underscores how consumer shopping habits are rapidly shifting as technology reshapes the way people discover, evaluate and purchase products. - [6G rollout risks repeating 5G’s commercial struggles, report warns ](https://businessamlive.com/6g-rollout-risks-repeating-5gs-commercial-struggles-report-warns/): As telecom operators prepare for the arrival of sixth-generation (6G) mobile technology, a new report by Juniper Research warns that the industry's biggest challenge may not be deploying faster networks but ensuring they generate sustainable returns on investment. - [Raising Interest Rates Won’t Stabilize African Inflation](https://businessamlive.com/raising-interest-rates-wont-stabilize-african-inflation/): CAMBRIDGE—African economies began this year facing no shortage of challenges, including lower global demand for their goods and services, unpredictable tariffs and other trade barriers, post-pandemic debt overhangs, structural unemployment, and large net financial outflows. Then the United States and Israel launched their war on Iran, throwing the Middle East into turmoil, halting traffic through the Strait of Hormuz, and compounding inflationary pressures. Now, inflation has reached double-digit rates in some African countries. But the traditional monetary-policy prescription—higher interest rates—will not work to contain it, and might even make matters worse. - [Domestic competence as Africa’s most important development strategy](https://businessamlive.com/domestic-competence-as-africas-most-important-development-strategy/): Of course, factors as foreign aid, external investments, debt relief, and international partnerships are important in Africa's development. However, they often overshadow a more fundamental truth: development is primarily an internal process. Nations do not develop because resources are poured into them from outside. They develop because they cultivate the capabilities, institutions, and mindsets necessary to transform resources into prosperity. - [Nigeria’s reform paradox captured in latest IMF report](https://businessamlive.com/nigerias-reform-paradox-captured-in-latest-imf-report/): On June 9, 2026, the International Monetary Fund (IMF) released the outcome of its 2026 Article IV Consultation on Nigeria. The assessment was largely positive. The IMF Executive Board commended the economic reforms undertaken by the administration of President Bola Ahmed Tinubu over the past three years, highlighting improvements in macroeconomic stability, stronger foreign reserves, fiscal reforms, banking sector resilience, and enhanced capacity to withstand external shocks. Shortly thereafter, the federal government, through the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, welcomed the report as an independent validation of the administration's economic reform programme and a confirmation that Nigeria is moving in the right direction. - [Why Nigeria must build its own Generative AI](https://businessamlive.com/why-nigeria-must-build-its-own-generative-ai/): As the global race for Artificial Intelligence (AI) accelerates, Nigeria stands at a pivotal crossroads. In the bustling tech hubs of Yaba and the quiet research labs of Ibadan, a quiet realisation is taking root: the future of Nigerian innovation cannot be rented from Silicon Valley. To truly harness the power of the Fourth Industrial Revolution, Nigeria must build Generative AI that is ethical, localised, and —most importantly— indigenous. - [On ICMR, registrars and the Nigerian capital market](https://businessamlive.com/on-icmr-registrars-and-the-nigerian-capital-market/): During a brainstorming session organised by Central Securities Clearing System (CSCS) Plc ahead of the launch of its T+1 Settlement Cycle, I listened to a brilliant and passionate defence of the role of registrars by Dr. Catherine Nwosu, president of the Institute of Capital Market Registrars (ICMR). Her presentation strategically highlighted their enduring importance in Nigeria’s evolving capital market. Given how often their contributions are overlooked, her intervention was both timely and necessary. - [Resolving the failure of housing policies in Nigeria](https://businessamlive.com/resolving-the-failure-of-housing-policies-in-nigeria/): Housing policies in Nigeria encompass the legal and financial frameworks used by the government to manage housing deficits, regulate rent and provide affordable homes. Housing policies in Nigeria have repeatedly failed, not because of scarcity of ideas, but due to system-level breakdowns. The following are the actual factors driving the failure: - [South Africa to Black Africa: Yesterday’s gone, you didn’t save me to choke me today](https://businessamlive.com/south-africa-to-black-africa-yesterdays-gone-you-didnt-save-me-to-choke-me-today/): The ongoing World Cup in the USA, Mexico and Canada allowed South Africa to have a foretaste of the form and nature of their relationship with the rest of Africa, post xenophobia. Julius Malema made a post on Facebook, calling for the continent to support South Africa in its opening match against co-host, Mexico. At the time I came across the post, there were more than 4,500 comments. I took time to review the sentiments of the comments, and more than 098% of them were in support of a Mexican victory. - [Musk becomes world’s first trillionaire as SpaceX IPO propels fortune beyond $1trn](https://businessamlive.com/musk-becomes-worlds-first-trillionaire-as-spacex-ipo-propels-fortune-beyond-1trn/): Elon Musk, the billionaire entrepreneur behind SpaceX and Tesla, has become the first person in history to surpass the $1 trillion net worth threshold after the successful public listing of SpaceX triggered an unprecedented surge in his wealth. - [Fertiliser powers new chapter in Nigeria’s export diversification drive ](https://businessamlive.com/fertiliser-powers-new-chapter-in-nigerias-export-diversification-drive/): Nigeria's search for a viable non-oil export champion may have found an unlikely winner in fertiliser. While crude oil continues to underpin export earnings and fiscal revenues, recent trade figures reveal that urea is increasingly becoming a major contributor to foreign exchange inflows, providing a practical example of how industrial manufacturing can drive export diversification and economic value creation. - [Kila calls for Democracy Wall honouring 1,000 heroes of Nigeria’s democratic struggle ](https://businessamlive.com/kila-calls-for-democracy-wall-honouring-1000-heroes-of-nigerias-democratic-struggle/): Renowned political economist and public affairs analyst Anthony Kila has called for the construction of a monumental wall bearing the names of 1,000 individuals who played significant roles in Nigeria’s struggle for democracy. - [SpaceX makes historic Wall Street debut in record $75bn IPO](https://businessamlive.com/spacex-makes-historic-wall-street-debut-in-record-75bn-ipo/): SpaceX made its long-anticipated debut as a publicly traded company on Wall Street on Friday, following a record-breaking initial public offering that raised more than $75 billion and positioned the aerospace and technology group among the most valuable companies in global capital markets. - [LCCI, NASD rally SMEs on capital market access at Lagos forum](https://businessamlive.com/lcci-nasd-rally-smes-on-capital-market-access-at-lagos-forum/): This charge was made at a stakeholders’ forum in Lagos jointly organised by the Lagos Chamber of Commerce and Industry (LCCI) and NASD PLC , themed “Financing Growth: Propelling the Real Sector Through the Capital Market.” The forum brought together regulators, market operators, and entrepreneurs to explore pathways for improving SMEs’ access to growth capital. - [Dangote Refinery hits $39bn valuation as investors bet on Africa’s energy infrastructure](https://businessamlive.com/dangote-refinery-hits-39bn-valuation-as-investors-bet-on-africas-energy-infrastructure/): However, the Dangote Refinery transaction shows that well-structured, commercially operating industrial assets may now be capable of tapping global private liquidity pools directly. - [Airtel’s 2.4m-agent network widens access to financial services ](https://businessamlive.com/airtels-2-4m-agent-network-widens-access-to-financial-services/): Airtel Africa expanded its Airtel Money agent network to 2.4 million agents across its operations in 14 African countries during the 2025/26 financial year, underscoring the growing role of mobile money in extending financial services to underserved communities across the continent. - [NCC appoints Emiko as interim chair of Digital Bridge Institute board](https://businessamlive.com/ncc-appoints-emiko-as-interim-chair-of-digital-bridge-institute-board/): The Nigerian Communications Commission (NCC) has appointed Oforitsenere Emiko as interim chairman of the governing board of the Digital Bridge Institute (DBI), as part of efforts to reposition the institution to meet the evolving demands of Nigeria's digital economy. - [Access Holdings shifts focus to capital discipline amid N1.007trn profit](https://businessamlive.com/access-holdings-shifts-focus-to-capital-discipline-amid-n1-007trn-profit/): Access Holdings Plc has repositioned its growth narrative around capital discipline, earnings quality, and long-term value preservation, even as the group reported a Profit Before Tax of N1.007 trillion for the 2025 financial year. - [Zoho deepens technology independence with Nathu La launch ](https://businessamlive.com/zoho-deepens-technology-independence-with-nathu-la-launch/): Global technology company Zoho Corporation has taken a significant step towards technological self-reliance with the launch of Nathu La, its first designed-in-house server platform, marking a notable expansion beyond software into core computing infrastructure. - [3 infrastructure gaps Nigerian lenders can’t afford to ignore ](https://businessamlive.com/3-infrastructure-gaps-nigerian-lenders-cant-afford-to-ignore/): Digital transformation has modernised the front end of the credit process in Nigeria, streamlining customer journeys and shortening the path from application to disbursement. However, this progress has not reached the core of the credit process. While digital application flows are now standard, the underlying risk infrastructure remains underdeveloped. Following the withdrawal of the Central Bank of Nigeria's forbearance measures, the sector’s non-performing loan (NPL) ratio climbed to 8.03% - well above the 5% regulatory limit. - [Ultimate Mind Challenge reinforces investment in Nigeria’s future human capital](https://businessamlive.com/ultimate-mind-challenge-reinforces-investment-in-nigerias-future-human-capital/): The second edition of the Ultimate Mind Challenge (UMC) has concluded with outstanding performances from primary school pupils, reinforcing the importance of academic competitions in nurturing intellectual development, confidence, and leadership among young learners. - [20 records, one tournament: Why world cup 2026 could be football’s most historic edition](https://businessamlive.com/20-records-one-tournament-why-world-cup-2026-could-be-footballs-most-historic-edition/): The 2026 FIFA World Cup is shaping up to be more than a global sporting spectacle. It is emerging as a tournament that could redefine football history, reshape commercial narratives, and cement the legacies of some of the sport’s greatest players and nations. - [Glovo summit highlights AI’s growing role in commerce transformation](https://businessamlive.com/glovo-summit-highlights-ais-growing-role-in-commerce-transformation/): Industry leaders at the recently concluded Glovo Future of Commerce Summit 2.0 in Lagos said the next phase of business competitiveness will depend less on access to technology itself and more on how effectively organisations use artificial intelligence to solve operational challenges, improve decision-making, and unlock productivity gains. - [Hope Circle Foundation introduces Lagos School2School summit to safeguard teen digital futures](https://businessamlive.com/hope-circle-foundation-introduces-lagos-school2school-summit-to-safeguard-teen-digital-futures/): Hope Circle Foundation, an organisation poised with the mission of raising a generation of purposeful, empowered young Nigerians one community at a time, has successfully launched the maiden edition of the School2School Teens Summit - a youth-focused initiative designed to equip teenagers with the knowledge, confidence, and practical skills required to navigate today’s digital world responsibly.  - [How a regular savings culture can support long-term financial stability](https://businessamlive.com/how-a-regular-savings-culture-can-support-long-term-financial-stability/): For many Nigerians, the instinct to put money aside remains strong but without structure and strategy, those savings often fail to deliver real value and results. Money kept idle may offer liquidity and accessibility, but may not preserve value effectively over time. To achieve financial growth, saving must evolve from passive storage to intentional planning. - [Nigeria fails to make Africa’s top 5 militarised economies list](https://businessamlive.com/nigeria-fails-to-make-africas-top-5-militarised-economies-list/): Nigeria, despite budgeting $2.1 billion on defence (or N3.10 trillion) in 2025, amid mounting insecurity, is not among Africa’s five most militarised economies, which combined spent $33 billion on defence last year, according to a new report by the Stockholm International Peace Research Institute (SIPRI). - [Nigeria leans on long-term concessions to finance airport upgrades and expansion](https://businessamlive.com/nigeria-leans-on-long-term-concessions-to-finance-airport-upgrades-and-expansion/): The federal government is stepping up the implementation of public-private partnership (PPP) concessions across Nigeria’s aviation infrastructure, as it moves to deepen private sector participation in airport development and reduce dependence on public funding for major capital projects. - [Billionaire investor Tony Elumelu to take helm as Seplat chairman in 2027](https://businessamlive.com/billionaire-investor-tony-elumelu-to-take-helm-as-seplat-chairman-in-2027/): Seplat Energy Plc has announced a major boardroom transition that will see billionaire investor Tony Elumelu assume the role of Chairman in January 2027, marking one of the most closely watched leadership changes in Nigeria’s listed energy sector. - [IMF calls for reforms as Nigeria’s banking sector blunts impact of monetary easing](https://businessamlive.com/imf-calls-for-reforms-as-nigerias-banking-sector-blunts-impact-of-monetary-easing/): This assessment emerged from the International Monetary Fund’s (IMF) latest country report on Nigeria, which found that commercial banks react swiftly and disproportionately to interest rate increases by the Central Bank of Nigeria (CBN), but are slower in passing the benefits of lower rates to businesses and households. - [Food imports fall by N278bn as FX crunch bites](https://businessamlive.com/food-imports-fall-by-n278bn-as-fx-crunch-bites/): Nigeria’s food import bill is showing early signs of moderation as businesses increasingly adapt to higher foreign exchange costs and government-backed local sourcing initiatives, although the country remains heavily dependent on imported food and industrial raw materials to meet domestic demand. - [Aircraft leasing emerges as aviation sector’s primary financing tool](https://businessamlive.com/aircraft-leasing-emerges-as-aviation-sectors-primary-financing-tool/): Aircraft leasing, a financing structure where airlines operate aircraft owned by third-party leasing companies rather than purchasing them outright, has become the dominant model sustaining commercial aviation in Nigeria. - [Nigeria partners NFL, Browns to expand grassroots flag football nationwide](https://businessamlive.com/nigeria-partners-nfl-browns-to-expand-grassroots-flag-football-nationwide/): Nigeria has launched a nationwide grassroots flag football development initiative in partnership with the National Football League (NFL) and Browns Nigeria. - [FG expands NTB programme by N850 billion in revised Q2 2026 plan](https://businessamlive.com/fg-expands-ntb-programme-by-n850-billion-in-revised-q2-2026-plan/): The federal government has expanded its short-term domestic borrowing programme, as the Debt Management Office (DMO) increased Nigerian Treasury Bills (NTB) issuance for the second quarter of 2026 by about N850 billion. - [Could AI help Lagos untangle its never-ending traffic jam?](https://businessamlive.com/could-ai-help-lagos-untangle-its-never-ending-traffic-jam-2/): It is a daily ritual of frustration for millions: the endless honking, heat-soaked crawl across the Third Mainland Bridge or through the labyrinth of Ojuelegba. Lagos’s traffic is more than an inconvenience; it is a multi-billion naira drag on productivity, a public health hazard due to pollution, and a symbol of urban planning under extreme pressure. As the city’s population gallops towards 30 million, traditional solutions, more roads, more bridges, are reaching physical and financial limits. Enter a new hope: the cold, calculating intelligence of Artificial Intelligence, which promises to optimise the flow of the metropolis not by building anew, but by thinking smarter about what already exists. - [Remita leverages technology to simplify WAEC registration nationwide](https://businessamlive.com/remita-leverages-technology-to-simplify-waec-registration-nationwide/): With the registration window for the 2026 West African Senior School Certificate Examination (WASSCE) for private candidates now open, digital payments platform Remita is positioning itself at the centre of efforts to reduce barriers to educational access, highlighting the growing role of financial technology infrastructure in supporting Nigeria’s human capital development agenda. - [Julius Berger doubles EPS, proposes N6.8bn dividend as profit climbs 38.5%](https://businessamlive.com/julius-berger-doubles-eps-proposes-n6-8bn-dividend-as-profit-climbs-38-5/): Julius Berger Nigeria Plc is leveraging one of its strongest earnings performances in recent years to deepen shareholder returns, expand beyond Nigeria’s borders, and reposition itself for a broader West African growth trajectory. - [Promasidor Nigeria reaffirms commitment to dairy development at World Milk Day 2026](https://businessamlive.com/promasidor-nigeria-reaffirms-commitment-to-dairy-development-at-world-milk-day-2026/): Promasidor Nigeria Limited recently joined the Federal Ministry of Livestock Development, the Commercial Dairy Ranchers Association of Nigeria (CODARAN), development partners, and key stakeholders across the dairy value chain to commemorate World Milk Day 2026 in Abuja. - [CEVA Logistics, EFL Africa launch joint venture in Nigeria​](https://businessamlive.com/ceva-logistics-efl-africa-launch-joint-venture-in-nigeria/): CEVA Logistics, a global leader in 3PL logistics, and EFL Africa, a leading logistics company in Nigeria, announced today the formation of a joint venture in Nigeria—CEVA EFL Limited. This partnership marks a significant milestone in the shared ambition of both companies to expand their footprint and strengthen their presence in key global markets.​ - [Airline profits set to halve as fuel costs, Middle East crisis deepen industry turbulence](https://businessamlive.com/airline-profits-set-to-halve-as-fuel-costs-middle-east-crisis-deepen-industry-turbulence/): A rise in jet fuel prices, escalating geopolitical tensions in the Middle East, and persistent aircraft supply chain disruptions are combining to create one of the most challenging operating environments for the global aviation industry since the pandemic, threatening to slash airline profits by nearly half in 2026 despite record revenue projections. - [Global hotel expansion strengthens Nigeria’s economic diversification drive](https://businessamlive.com/global-hotel-expansion-strengthens-nigerias-economic-diversification-drive/): The Nigerian  hospitality sector is attracting a fresh wave of international investment as global hotel brands accelerate expansion plans across the country, betting on rising corporate travel demand, urbanisation, and the long-term growth potential of Africa’s largest economy despite persistent macroeconomic challenges. - [Broken grid, massive market (4) Remittances to megawatts: Financing growth without foreign lenders](https://businessamlive.com/remittances-to-megawatts-financing-growth-without-foreign-lenders/): Power infrastructure is built and repaid over decades, yet much of the financing available to the sector remains short-term. As Nigeria enters its next phase of energy development, the focus must shift from identifying projects to financing them intelligently. - [The N128bn MREIF’s impact on affordable housing in Nigeria](https://businessamlive.com/the-n128bn-mreifs-impact-on-affordable-housing-in-nigeria/): Nigeria’s housing sector faces a severe, multi-dimensional crisis marked by an estimated deficit of close to 15 million units. This critical shortage disproportionately affects low-income and majority of working-class citizens, resulting in widespread overcrowding, escalating rents and the proliferation of unplanned settlements (slums). In the Federal Capital Territory (FCT) alone, there are over 240 slums and squalid settlements requiring upgrade or total overhauling. The importance of adequate housing in the well-being of citizens cannot be overemphasised. Yet, procuring homes to live, strategise and raise a family is a Herculean task. Acquiring land and securing clear, legal titles remains a slow, expensive and bureaucratic process. - [The material foundation of African agency](https://businessamlive.com/the-material-foundation-of-african-agency/): Yaw Nsarkoh made a remark at a PLO Lumumba Foundation event that should have travelled far beyond the virtual room. He said "Pan‑Africanism cannot stand on metaphysical aspiration. It must rest on a material base." It is a statement that cuts through much of the sentimental language that often surrounds Pan‑Africanism. His intervention reflects a broader shift already visible across the continent and among external partners: Africa’s strategic moment should be shaped by the institutional, financial and industrial foundations that turn endowments into leverage. Even President Emmanuel Macron’s decision to describe himself as a Pan‑Africanist at the Africa–France Summit in Nairobi signals how central Africa has become to global strategic thinking. The vocabulary has travelled. The challenge now is for African countries to build the systems that make it consequential. - [The garden within has always been enough](https://businessamlive.com/the-garden-within-has-always-been-enough/): The garden within: A closing keynote at TUT - [Cabin crew: Heartbeat of the passenger experience](https://businessamlive.com/cabin-crew-heartbeat-of-the-passenger-experience/): On May 31, 2026, the global aviation community marked World Cabin Crew Day, also known as International Flight Attendant Day. While the occasion provided an opportunity to celebrate the men and women who serve passengers in the skies, it also highlighted a deeper truth: cabin crew are central to the safety, comfort, and overall experience of air travel. - [Bias, trust, accountability: Governance challenge at heart of AI](https://businessamlive.com/bias-trust-accountability-governance-challenge-at-heart-of-ai/): Bias in AI is often portrayed as a technical issue, but it is a governance issue. Algorithms do not operate in isolation. They learn from data, and data often reflects historical behaviours, societal inequalities and human assumptions. If these issues are not identified and addressed, AI systems can replicate and amplify them at scale. - [Flixora opens new front in battle for the creator economy](https://businessamlive.com/flixora-opens-new-front-in-battle-for-the-creator-economy/): A new digital streaming platform, Flixora, has entered the global entertainment market with a mission to make film distribution more accessible to independent creators, offering filmmakers a direct route to audiences while allowing them to retain a greater share of their earnings. - [How economic reforms are rewriting Nigeria’s food economy ](https://businessamlive.com/how-economic-reforms-are-rewriting-nigerias-food-economy/): Three years into President Bola Ahmed Tinubu’s administration, the agricultural sector of Africa’s most populous nation, finds itself undergoing what many stakeholders describe as a structural rupture rather than a cyclical downturn. Fuel subsidy removal, currency devaluation, rising input costs, import waivers, and persistent insecurity have converged into a complex set of shocks that are reshaping production incentives, collapsing price signals, and forcing a rethink among farmers and traders alike. The result is an agricultural economy caught between two competing realities. One consists of  government intervention aimed at stabilising food prices, while the other involves market forces that are increasingly discouraging domestic production. - [NCC opens telecom heritage to aspiring female innovators](https://businessamlive.com/ncc-opens-telecom-heritage-to-aspiring-female-innovators/): The Nigerian Communications Commission (NCC) has thrown its weight behind ongoing efforts to bridge Nigeria's gender gap in technology, commending initiatives by the Federal Ministry of Communications, Innovation and Digital Economy aimed at equipping young girls with digital skills and preparing them for future careers in the country's expanding technology ecosystem. - [France tipped for glory as AI cracks 2026 world cup using 1,200 data points](https://businessamlive.com/france-tipped-for-glory-as-ai-cracks-2026-world-cup-using-1200-data-points/): “Using advanced AI analysis, the outcome of the 2026 World Cup tournament was predicted based on key data, including recent national team form, World Cup history, squad market value, coach profiles and much more. After predicting the group stage, the round of 32 and the entire knockout stage, France was predicted to be the tournament’s overall winner,” the spokesperson said. - [The South African virus called Jacinta Ngobese-Zuma](https://businessamlive.com/the-south-african-virus-called-jacinta-ngobese-zuma/): Before moving forward, let's clarify an important point. Despite sharing the surname, Jacinta Ngobese-Zuma is not, based on publicly available information, related to former South African President Jacob Zuma. Outside South Africa, many people assume a family link upon seeing the name, but no such connection is known. The similarity extends only to the surname. Nonetheless, names are significant. Visibility and perception are also important, and in our age, perception frequently matters more than reality. - [Dangote’s ambition uplifts Nigeria’s position in global refined fuel league](https://businessamlive.com/dangotes-ambition-uplifts-nigerias-position-in-global-refined-fuel-league/): At the helm of this transformation is the Dangote Petroleum Refinery located in Lagos, Nigeria’s most populous and industrialised city. The refinery  is rapidly evolving from a domestic industrial project into a strategically significant global energy asset with influence extending far beyond Africa’s fourth largest economy. - [Trade, financial fragmentation costing global economy $307bn](https://businessamlive.com/trade-financial-fragmentation-costing-global-economy-307bn/): Geoeconomic fragmentation is imposing an annual cost of $213–$307 billion on the global economy, while adding 0.2–0.3 percentage points to global inflation, a new report by the World Economic Forum (WEF) has warned. - [How Measles Came Roaring Back](https://businessamlive.com/how-measles-came-roaring-back/): DHAKA—Once on the brink of elimination in many parts of the world, measles has made a troubling global comeback in recent years, with approximately 10.3 million cases in 2023, up 20% from 2022. While outbreaks have been concentrated in Africa, the Eastern Mediterranean, Southeast Asia, and the Western Pacific, high-income countries have also experienced a resurgence, with the United States reporting 1,983 confirmed cases this year alone. These experiences highlight a painful truth of public health: even the most successful immunization programs are vulnerable to erosion. ## Pages - [About Us](https://businessamlive.com/about-us/): BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world. - [Global financial, business and intelligence news from Business a.m. Nigeria](https://businessamlive.com/): Flutterwave has secured a strategic investment from Ripple, a leading provider of blockchain-based enterprise solutions for traditional and digital finance,as... - [Contact Us](https://businessamlive.com/contact-2/) - [Analysts Insights](https://businessamlive.com/analysts-insights-on-financial-trends/): Across Nigeria and much of Africa, a quiet revolution is underway. 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