Ogun State, Nigeria, World News & Stories
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A member of the National Working Committee of the All Progressives Congress (APC), Tolu Bankole, has described Ogun State Governor Dapo Abiodun as the best leader the state has ever produced. Bankole said the Abiodun administration has transformed Ogun into Nigeria’s industrial hub through visionary policies, fiscal discipline and a calm, inclusive approach to governance.…
The Nigerian National Petroleum Company Limited (NNPC) has announced plans to increase its stake in the $20 billion Dangote Petroleum Refinery to 20 per cent. The move aims to boost Nigeria’s local refining capacity and strengthen its role in the downstream oil sector. Group Chief Executive Officer of NNPC, Bayo Ojulari, made this known at…
In another remarkable gesture of philanthropy, billionaire businessman and Chairman of First Bank Plc, Mr. Femi Otedola, has announced a ₦4 billion donation to fund the construction of an Electrical and Electronics Engineering block at Augustine University, Ilara-Epe, Lagos. Otedola, who also serves as the Chancellor of the institution, made the announcement during the university’s…
In a move that reverberated through Nigeria’s economic landscape, the Central Bank of Nigeria (CBN) recently announced the lifting of the ban on the importation of toothpicks and 42 other items. This decision, part of a broader policy shift, holds both promise and challenges for the nation. In this editorial, we delve into the historical…
The Central Bank of Nigeria (CBN) has lifted its ban on the importers of toothpick and 42 other items that were previously restricted by a 2015 Circular. Some of the other items that have been removed from the list of prohibited items include: The CBN announced that importers of these items are now allowed to…
BUA Cement Plc, a prominent cement manufacturer in Nigeria, has declared a reduction in the price of its cement to N3,500 per bag, starting from Monday, October 2. The management conveyed this information in a statement released on Sunday, October 1, emphasizing that the price reduction reflects the company’s commitment to stimulating growth in the…
Dapo Abiodun, the governor of Ogun State, inaugurated the state’s first fiber optic cable production plant on Thursday, saying the facility will help his administration’s digital economy infrastructure expand. Speaking at the opening of the Coleman Wire and Cable fibre optic firm, which is located along the Lagos-Ibadan Expressway, he expressed his excitement that the…
