February 2026 – Page 141

Governance & Private Sector Focus Key to Osun’s Welfare

06.02.2026

A renewed focus on governance, private sector mobilisation, growth, innovation hubs and cultural preservation would improve the lives and welfare of Osun State citizens, according to the Osun Development Association. Members of the ODA affirmed these development indices, following a keynote address by the Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, on priorities...

CAPPA urges ban of junk food ads targeting children

06.02.2026

The Corporate Accountability and Public Participation Africa has called on policymakers to ban the marketing of ultra-processed foods and sugar-sweetened beverages to children, warning that companies deliberately flooded the 2025 festive season with emotionally charged promotions to drive consumption of unhealthy products. CAPPA made the call on Wednesday in Lagos while presenting findings from an...

Nigeria’s 2026 Budget for 7,841 Idle Industries Survey

06.02.2026

The government plans to allocate N12.18m to evaluate nearly 8,000 dormant industries, a move that has raised concerns among stakeholders and reignited calls for privatisation, writes ARINZE NWAFOR With the Federal Government setting aside N12.18m in the 2026 budget for a continuous nationwide survey of 7,841 moribund industries, stakeholders have again questioned the state’s involvement...

Segun Shonubi honoured by Lagos Country Club

06.02.2026

The Lagos Country Club has honoured Segun Shonubi with its 2025 Outstanding Resource Person Award, recognising his contributions to the club and his wider professional impact. According to a statement, the club presented the award at its 2026 New Year’s Party, where the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, represented the Governor...

Aradel’s profit climbs 55% from associate earnings growth

06.02.2026

Aradel Holdings Plc posted a 55 per cent increase in profit after tax, reaching N401.2bn in its unaudited full-year 2025 results. This profit growth was primarily driven by a 523 per cent surge in earnings from associate companies, which followed major merger and acquisition transactions during the year. Speaking during a call with journalists, the...

Transcorp, DMO, MTN Win Big at 2025 NGX Awards

06.02.2026

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel Hill Denham and MTN Nigeria Communications were among the recipients at the 2025 Made of Africa Awards hosted by Nigerian Exchange Group, recognising institutions driving performance across Nigeria’s capital markets. The awards, according to a statement from the NGX Group Plc on Thursday, honour brokers, issuing...

Regulatory discipline key for Nigeria’s oil m

06.02.2026

TotalEnergies Marketing Nigeria Plc has warned that Nigeria’s deregulated downstream petroleum market will fail to deliver long-term value unless it is backed by firm regulatory discipline, consistent policies and strict safety enforcement. The oil major stated that the absence of these fundamentals, rather than a lack of capital, was responsible for the exit of most...

NCC and NDPC Sign MoU to Enforce Data Privacy in Nigeria

06.02.2026

The Nigerian Communications Commission and the Nigeria Data Protection Commission have signed a memorandum of understanding to deepen cooperation on data privacy and protection enforcement in the telecommunications sector, as regulators intensify efforts to safeguard Nigerians’ personal information in a rapidly digitising economy. The MoU was signed on Thursday at the NCC headquarters in Abuja,...

Dangote Warns Coastal Logistics May Push Petrol to N1,000

06.02.2026

Dangote Refinery has outlined its fuel production and distribution operations, warning that reliance on coastal logistics could significantly increase petrol prices if the additional costs are transferred to consumers. In a statement on its official X account on Thursday titled “Six things to know about Dangote Refinery fuel production and distribution”, the company said its...

NeoLife empowers Nigerian distributors with South Africa tri

06.02.2026

NeoLife, a global nutrition and wellness direct-selling company, has announced a fully sponsored leadership and business development trip to Johannesburg, South Africa, for 40 of its top Nigerian distributors, underscoring its commitment to building leadership capacity within its network. The event, part of the company’s long-standing Presidential Pursuit programme, is scheduled for February 12, 2026,...