Ogun State, Nigeria, World News & Stories
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The former Governor of Ogun State and Senator representing Ogun East, Otunba Gbenga Daniel, has urged Governor Dapo Abiodun to revive and complete the Deep Seaport project initiated during his administration. Speaking during the BATOGD Midterm Community Assessment and Review (MIDCAR) tour in Ijebu East Local Government, Daniel said it would be in the state’s…
• National grid loses 1,000MW as strike cuts gas supply• Umahi urges oil workers to prioritise national interest• NECA, MAN condemn refinery dispute The standoff between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ended on Wednesday after marathon negotiations mediated by federal authorities. Under the agreement, the…
Nigeria’s Fragile but Steady Economic Recovery Nigeria’s economy, after years of turbulence, is showing slow but powerful signs of recovery, according to the Nigerian Economic Society (NES). Economists under the aegis of the NES noted that both Nigeria and other Sub-Saharan African countries are witnessing gradual economic growth following years of crises, although millions of…
The event slated for Wednesday, 9th July 2025 at Eko’ Hotel and Suites Victoria Island, according to the government, is in conjunction with the United Nations System in Nigeria, Lagos State Office of Sustainable Development Goals, Sterling Bank among others. Speaking at a press conference in Lagos, the Commissioner for Commerce, Cooperatives, Trade and Investment,…
OpenAI, the company behind ChatGPT, announced on Tuesday that Adebayo Ogunlesi, a private equity expert and CEO of Global Infrastructure Partners (GIP), has joined its board. Ogunlesi, 71, will provide advice on securing the infrastructure needed for advancing OpenAI’s artificial intelligence (AI) projects. GIP, founded in 2006, is a private equity firm specializing in infrastructure.…
Dapo Okubadejo, the Ogun State Commissioner for Finance and Chief Economic Adviser, announced that the State Government has started plans to automate transactions across all government Ministries, Departments, and Agencies. This step comes after the successful introduction of systems for billing and payments, land acquisition digitization, automated payment processes, and a Treasury Single Account (TSA),…
Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (PMS) from ₦990 to ₦970 per litre for marketers. The announcement was announced in a statement released by Anthony Chiejina, Group Chief Branding and Communications Officer. The statement read: “As the year comes to an end, this is our way of appreciating the good…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that eliminating the petrol subsidy and implementing market-driven foreign exchange pricing has saved the country $20 billion. Speaking at an event in Abuja celebrating Esther Walso-Jack’s first 100 days as Head of the Civil Service of the Federation, Edun explained the…
According to a report by the Nigerian Bureau of Statistics, about two out of three Nigerian families are going hungry, with some families skipping meals because they cannot afford enough food. The number of families that reported not having enough food to eat because of lack of money doubled to 62.4% in 2023 from 37%…
JUST IN: CAC extends POS registration deadline to Sept 5. The Nigerian business incorporation commission, the Corporate Affairs Commission (CAC) has announced its intention to extend the mandatory point-of-sale agent, super agent, and sole agent registration to September 5, 2024. The commission announced in a statement signed by its management and posted on its X…
