Ogun State, Nigeria, World News & Stories
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242 posts in this category.
Residents of Ijagun Road in Ijebu Ode have appealed to the Ibadan Electricity Distribution Company (IBEDC) to urgently replace the vandalized electricity cable that has plunged the community into a two-week blackout. Officials of the Ijagun Road Community Development Association (CDA), who met with the IBEDC Business Manager, Abdul-Ahmed Yinusa, in Ijebu Ode on Tuesday…
A Senior Advocate of Nigeria and constitutional law expert, Prof. Sebastine Hon, has criticized the actions of Naval Officer A.M. Yerima during his clash with the Minister of the Federal Capital Territory, Nyesom Wike. He described the officer’s behavior as a violation of the law. In a Facebook post on Wednesday, Hon said Yerima had…
Petroleum marketers in Nigeria may soon stop importing petrol after the Dangote Petroleum Refinery cut its ex-depot price by ₦49 per litre last Friday. This price reduction has changed the competition in the fuel market, with major and independent marketers admitting that Dangote’s new pricing makes importing petrol less profitable. The refinery now sells petrol…
Nine of Nigeria’s leading banks reported a combined profit after tax (PAT) of N4.115 trillion for the nine months ending September 2025, marking a 1.5 per cent decline from the N4.176 trillion recorded during the same period in 2024. The banks are Access Holdings, Ecobank Transnational, GT Holdings, FBN Holdings, Sterling Holdings, Stanbic IBTC Holdings,…
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…
Dangote Refinery to Expand Capacity from 650,000 to 1.4 Million Barrels Per Day The Dangote Refinery is set for a major expansion that will boost its capacity from 650,000 barrels per day (bpd) to 1.4 million bpd — a move that will make it the largest refinery in the world, surpassing India’s Jamnagar Refinery. Announcing…
The Ogun State House of Assembly Committee on Agriculture, led by Hon. Waliu Owode, has called on former Commissioner for Agriculture, Adeola Odedina, the Chairman and Secretary of the National Cassava Growers Association, the Association’s immediate past executives, Mr. Ilori and Mr. Segun Adewunmi, as well as the Project Manager of the Anchor Borrowers Programme,…
The head of the Nigerian Society of Engineers (NSE) in Abeokuta, Engr. Olumayowa Ayodeji Idowu, received the Young Professional Excellence Award for Leadership from the Federation of African Engineering Organisations (FAEO). The award was given by FAEO President, Engr. Refilwe Buthelezi, at the 11th UNESCO–Africa Engineering Week and 9th African Engineering Conference in Kampala, Uganda,…
In a move aimed at expanding access to renewable energy and strengthening local production, the Ogun State Government has entered into a Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA) and Renew Power Limited for the establishment of a 500-megawatt Solar Photovoltaic (PV) Manufacturing Plant in the state. The agreement, signed earlier this…
