February 2026 – Page 18

Unilever renovates Ogun school with modern facilities

27.02.2026

Unilever Nigeria Plc has upgraded facilities at Local Government Primary School, Elero-Igbesa, in Ogun State, renovating classroom blocks, installing modern toilets, and providing solar power to improve learning conditions. According to a statement, the company partnered with GEP to execute the project, which it handed over on Wednesday, 18 February 2026. The intervention included refurbished...

Modular Refineries in Nigeria: Low Diesel Supply Exposed

27.02.2026

Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s monthly fact sheets. According to the data, only three modular facilities—Waltersmith, Edo Refinery, and Aradel—were operational during...

Experts Launch WelFAS Wellness App in Nigeria

27.02.2026

Stakeholders in Nigeria’s healthcare and technology ecosystem have unveiled WelFAS, an artificial intelligence-powered wellness application designed to tackle lifestyle-related diseases and expand access to preventive healthcare services. Launched under the theme ‘Safe, Smart, Sustainable: The Future of Total Wellness & Fitness Transformation in Nigeria’, the app is the brainchild of Cynosure WelFAS Limited and integrates...

TMR Global opens Mowe office to boost local economy

27.02.2026

TMR Global Resources Nigeria Ltd has opened its Nigerian branch in Mowe, Ogun State, with a pledge to boost the local economy through affordable services and job creation across energy, real estate, legal services and car dealerships. Speaking at the official opening on Wednesday in Ogun State, the Chief Executive Officer, Afolalu Ariyo, said the...

Standard Chartered posts $10m loss from Africa divestment

27.02.2026

Standard Chartered has reported a $10m loss on its divestment from its operations in Cameroon and the Gambia. This was indicated in its financial statement for 2025. The PUNCH reports that Nigeria’s Access Bank Plc and Standard Chartered Bank entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon,...

Nigeria’s Fashion Industry: Surviving, Not Thriving

27.02.2026

The Managing Director of Zara Eniola Limited, Zara Oladega, has said Nigeria’s fashion industry is merely surviving rather than thriving despite its enormous potential, describing the sector’s contribution to the nation’s Gross Domestic Product as disappointing when compared with global standards. Oladega said this while reacting to the Federal Government’s disclosure that the fashion industry...

Stakeholders push for green value chains in West Africa

27.02.2026

Agriculture and agribusiness stakeholders have intensified calls for sustainable practices across West Africa’s agricultural ecosystem, urging actors to green the entire value chain to boost resilience, competitiveness and global relevance. The push took centre stage at the 2026 edition of the Green Agric West Africa Expo, held in Lagos on Wednesday, where participants from Nigeria,...

Nigeria’s Shea Nut Export Ban: Stakeholders Urge Licensing

27.02.2026

Agribusiness and shea nut stakeholders have called for a structured licensing regime that will restrict farmgate purchases to certified agents, as President Bola Tinubu extends the ban on raw shea nut exports for another year. President Tinubu, on Wednesday, approved the extension of the ban from 26 February 2026 to 25 February 2027 to deepen...

NIWA Lagos boss Sarat Braimah bags Nelson Mandela Award

27.02.2026

The Lagos Area Manager of the National Inland Waterways Authority, Sarat Braimah, has been conferred with the Nelson Mandela Pan-African Leadership Award by the Stay Africa Youth Development Initiative in recognition of her hard work and dedication to national service. According to a statement on Wednesday, the Accra, Ghana-based organisation, led by its President, Dominic...

NDPHC seeks gradual electricity subsidies removal in Nigeria

27.02.2026

The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Jennifer Adighije, has urged the Federal Government to remove electricity subsidies for all customers and implement fully cost-reflective tariffs to restore financial stability in Nigeria’s power sector. Adighije made the call in a statement made available to our correspondent in Lagos....