Business and economic news
Legal and fiscal questions are growing over Executive Order 9, 2026, and how it aligns with constitutional remittance duties and the Petroleum Industry Act.
Amstel Malta has signed Nigerian football star Asisat Oshoala as brand ambassador, linking the deal to its Be Your Best positioning and women-focused March messaging.
NIPR praised SMDF Executive Secretary Fatima Shinkafi during an Abuja visit, highlighting women mentorship, sector reforms and a $1.3 billion FDI milestone tied to mining development efforts.
SanlamAllianz Nigeria says it paid N77 billion in claims in 2025, with both life and general insurance units reporting higher payouts alongside strong premium growth.
Wema Bankâs IWD 2026 programme in Lagos brought public officials, entertainers and development partners together around womenâs economic inclusion, mentorship and institutional support.
Property investment company Platter said its co-ownership model lets multiple investors buy documented stakes in rental assets in Lagos and Abuja while professional managers handle tenants, rent collection and maintenance.
NAPTIN has concluded a five-day high-voltage cable termination programme in Afam for Desicon engineers, targeting safer operations and stronger technical capacity across Nigeriaâs energy infrastructure.
AEDC and NEDC said they will deepen collaboration with Niger State on mini-grids and hybrid systems after a solar programme extended electricity access to more than 180 communities.
NestlĂŠ Nigeria moved from a N164.60 billion loss to N104.97 billion profit in 2025, but analysts say margin pressure, high debt costs and a thin equity base still require close monitoring.
In the first part of a new series, Kola Owolabi says entrepreneurs should start with paying customers, not loans, arguing that early sales reduce risk and create stronger, more sustainable Nigerian businesses.
TCN says more than $1.3 billion in donor-funded transmission projects are underway nationwide, with major investments from the World Bank, AFD, AfDB and JICA, alongside digital upgrades to strengthen grid operations.
CORAN says modular refineries can deliver over 10% of Nigeria's diesel demand if crude feedstock improves and naira-for-crude incentives are extended to local modular operators.
