Ogun State, Nigeria, World News & Stories
Category
242 posts in this category.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been appointed by the World Bank as the Chairman of the African Governors’ Forum. A statement on the Ministry of Finance’s X page, the ministry noted that Edun’s appointment makes it the first of such for Nigeria. The statement reads, “The appointment…
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…
The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, has refuted the circulating allegations suggesting that the federal government might be subsidizing fuel imports to stabilize prices amidst fluctuations in foreign exchange rates. During his meeting with President Bola Tinubu at the Presidential Villa, Kyari maintained that market dynamics, driven…
The Small and Medium Enterprises Development Agency, acting on behalf of the Federal Government, is presently gathering precise data pertaining to businesses that qualify to access the N200 billion relief fund set aside by the Tinubu-led administration for small and medium-sized enterprises. The agency has emphasized its commitment to updating and refining the existing data…
Mowe Community in Ifo Local Government of Ogun State is lamenting the Ogun State Government’s act of giving only one bag of rice to over 200 houses to share as subsidy palliative. The Chairman of the Mowe Community Development Association (CDA) in Ogun State, Timothy Agboola, expressed dissatisfaction with the portion of palliative aid provided…
The Nigerian National Petroleum Company Limited (NNPCL) has issued a statement firmly stating that there are no immediate plans to raise the prices of Premium Motor Spirit (commonly known as petrol) in the country. Amidst recent speculation and concerns about possible price increases, the management of NNPCL sought to reassure the public regarding the cost…
A Lagos court has declared Awujale and Oloja the rightful owners of disputed land in Epe Justice Sharafa Olaitan, who presided over a Lagos State High Court in Epe, has ruled that the Iposu Chieftaincy Family does not rightfully own a large piece of land measuring 1,168.141 hectares (2,886.534 acres) in Epe. This land includes…
In a bid to bolster economic development and foster international partnerships, Governor Dapo Abiodun of Ogun State, Nigeria, welcomed a delegation from the United States Consulate General in Nigeria led by Mr. Will Stevens, the Consul General. The meeting took place at the governor’s office in Oke-Mosan, Abeokuta, today, Wednesday, October 4, 2023. During the…
The Nigeria Labour Congress (NLC) has expressed its belief that the new minimum wage should be negotiated to be either N100,000 or N200,000, given the increasing cost of living in the country. Both the NLC and the Trade Union Congress (TUC) had initially planned to commence a strike on Tuesday, October 4, in response to…
