Business
How ESG in Nigerian Business Is Driving Sustainable Transformation
ESG in Nigerian business gains momentum as NECA empowers 52 firms through training to embed sustainability, social impact and governance into core strategy
ESG in Nigerian business is no longer a futuristic goal — it has become a vital standard for competitiveness and resilience.
Also read: UK Investment in Africa Surges as Nigeria Attracts New Business Amid US Trade Decline
Recognising this, the Nigeria Employers’ Consultative Association (NECA) is taking decisive action to support businesses in embracing sustainability.
On 8–9 July in Lagos, NECA hosted a Training of Trainers (ToT) session under the ILO ACT/EMP’s LEADER Programme, which stands for Leading Employers in Action for Social and Environmental Responsibility.
The training, conducted in partnership with the ITCILO, was tailored to meet the unique needs of Nigerian enterprises navigating Environmental, Social and Governance (ESG) compliance.
A total of 20 NECA staff and partners participated in the capacity-building workshop. They will now serve as key resource persons for expanding ESG practices across various industries.
Following this, NECA organised a two-day step-down training from 10–11 July.
Representatives from 52 companies — ranging from multinational corporations to small and medium enterprises — gathered to enhance their ESG knowledge, exchange ideas, and build strategies to integrate sustainability into their daily operations.
“ESG is no longer an option, and NECA is committed to championing it and demonstrating leadership in sustainable business practices,” said Mr Adewale-Smatt Oyerinde, NECA’s Director-General.
Participants explored practical applications of ESG principles, including environmental stewardship, ethical labour practices, inclusive growth, and transparent governance structures.
The training provided actionable frameworks for aligning business goals with global sustainability standards while addressing local challenges.
The initiative reflects NECA’s commitment to creating a responsible and competitive private sector that thrives not just on profit, but on purpose and accountability.
Also read: Lagos SMEs Export Readiness Programme Empowers Businesses for Global Trade
ESG in Nigerian business is gaining traction — and thanks to leadership from organisations like NECA, more companies are now equipped to rise to the challenge of sustainability with clarity and confidence.
Business
ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026
New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.
Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.
The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.
The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.
ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.
“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”
Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.
“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”
With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.
Business
UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026
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