Business and economic news
Nigeria has become the first African market to adopt a T+1 settlement cycle, allowing trades to settle one business day after execution. The SEC says this move boosts efficiency and aligns the country with global financial standards.
Heads of the World Bank, IMF, WTO, and IEA met in Washington D.C. to assess the Middle East conflict, warning it disproportionately affects vulnerable nations through rising fuel and fertilizer costs.
VFD Group Plc shareholders approved a 25-kobo dividend per share and re-elected key directors at the 10th AGM in Lagos, backing the firm's expansion strategy across five major verticals.
Stakeholders gathered at the Nestle for Good Summit in Lagos to discuss practical solutions for improving nutrition, strengthening communities, and building sustainable food systems in Nigeria.
Growtech West Africa will debut in Lagos in January 2027, bringing agribusiness professionals, exhibitors and speakers together around regional food security and agricultural investment.
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 Bank’s IWD 2026 programme in Lagos brought public officials, entertainers and development partners together around women’s 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 Nigeria’s energy infrastructure.
