Ogun State, Nigeria, World News & Stories
31 posts.
Africa’s richest individuals posted a record rise in wealth in 2025, with the combined net worth of the continent’s billionaires exceeding $100 billion for the first time, according to Forbes. The latest ranking shows 22 African billionaires with a combined fortune of $105 billion, up from $82.4 billion shared by 20 individuals a year earlier.…
Tagged, ‘Celebration of economic potential’ the maiden edition of the Ogun waterside seafood festival is scheduled for December 15, 2022. The event, as reported by The Cable, will take place at the “scenic waterfront of Iwopin town”. The event, which is described as a celebration of Ogun state’s tourism and economic potential, is a “three-phase…
The Ogun State cargo airport will be ready for flight operations before the end of this year, 2022. With the runway almost completed, the airport will be ready to receive its first plane before December. This was revealed to the media by the state Commissioner for Information, Abdulwahab Odusile while taking a group of selected…
On Wednesday, the Board of Directors of TotalEnergies announced the appointment of Jean-Philippe Torres as the chairman of the company. TotalEnergies made the disclosure in a statement on the Nigerian Exchange Limited (NGX) website, signed by Company Secretary Bunmi Popoola-Mordi and seen by PREMIUM TIMES. The newly appointed chairman is a seasoned executive with hands-on…
The adoption of Basel 111 would strengthen Nigerian banks’ stressed capital level, improve capital quality (as risk levels are reduced with the exposure restriction) and maintain a strong liquidity position, says an investment banking and research group Afrinvest (West) Africa Ltd. The company in its newly released report on Nigerian banking sector stated that after…
The Lagos State Government says it has developed an electricity policy and strategic framework that is expected to drive development toward a future of secured and sustainable electricity supply. This was made known by head of Power Department, Lagos State Ministry of Energy and Mineral resources, Mr Hafeez Momoh on Wednesday at a two-day Nordic-…
The Ogun State Governor, Prince Dapo Abiodun has said that no government all over the world can provide the wherewithal for its citizenry, hence the need for public spirited and more private organisations to support the government towards improving the prosperity of its citizenry. Prince Dapo Abiodun disclosed this in Ota during the handing over…
Ogun Governor Prince Dapo Abiodun has assured that his administration will continueto put in place policies and programmes to develop and improve on the manufacturing sector as a catalyst to the economic growth of Ogun State. Prince Dapo Abiodun gave the assurance on Thursday at the 36th annual General meeting of the manufacturers Association of…
The Nigerian Breweries (NB) Plc has inaugurated a multi-billion naira ultra-modern automated Polyethylene Terephthalate PET) line at Ijebu Ode, Ogun State. The facility was built to further deepen availability of the brewer’s non-alcoholic product portfolio.The facility which is located along the outskirt of the city was a fresh investment amounting to N5 billion and will…
Nigeria’s debt is getting out of control and the country has to do something about it, the Governor of Kaduna State, Nasir El-Rufai, said on Thursday. He said the country’s domestic debt was getting to its debt ceiling as far as liquidity was concerned, adding that there was no need to pretend that Nigeria’s debt-to-Gross…
