Business and economic news
MDGIF commissioned a CNG refuelling station at Obafemi Awolowo University and said it is supporting 20 similar projects in federal universities to expand cleaner transport and domestic gas use.
Women in Energy Network praised NEXIM’s intervention fund but said stronger contract pipelines are needed for women-led firms to fully access available financing in Nigeria’s oil and gas value chain.
Niger State Governor Mohammed Umar Bago says households and businesses should adopt alternative energy options, stating the state cannot guarantee reliable grid electricity and has moved key public institutions off the national grid.
RCCG Lagos Province 20 will host its 2026 Economic Summit in Lekki on March 21, bringing together Bismarck Rewane and other experts to discuss wealth creation, SME growth and tax policy.
Australian High Commissioner Leilani Bin-Juda urged stronger support for Nigerian artisanal women miners during a visit to NIWIMNRO in Abuja, citing harsh field conditions and the need for measurable impact data.
ECOWAS warned that prolonged Gulf hostilities could raise fuel and food costs, weaken currencies and disrupt supply chains across West Africa, urging restraint and diplomacy to avoid wider economic shocks.
Jobberman Nigeria has asked employers to adopt inclusive hiring practices and improve workplace performance systems, after the Lagos edition of its HR Fusion programme organised with the Mastercard Foundation...
KPMG has appointed Tola Adeyemi as Chief Executive Officer of KPMG One Africa and named Professor Olayinka David-West and Dr George Njenga as independent members of its Africa Governance Council, with the changes taking effect in March 2026. The firm said the
The Bureau of Public Procurement says all federal contractors must submit bids electronically from March 2, 2026, as part of reforms aimed at transparency, accountability and stronger procurement outcomes.
ECOWAS and the African Development Bank Group have begun operational rollout of the Abidjan-Lagos Corridor authority after inducting its board, with Nigeria among five countries backing the treaty and project financing push.
The Nigerian equities market gained N24.4 trillion between January and February 2026 as stronger company results, pension-fund policy changes and improving macro signals pushed investors from low-yield bonds into stocks.
Inflation and food prices have eased, but many Nigerians say stagnant wages, higher rent and transport costs continue to outweigh macroeconomic improvements.
