TotalEnergies exits Bonga Oilfield, sells stake to Shell for $510 million
French oil giant TotalEnergies has announced that its Nigerian subsidiary has agreed to sell its non-operated 12.5% interest in the OML118 Production...
Lagos spent N8.5 billion on festivals, events in one year – Commissioner
The Lagos State Government has revealed that it spent about N8.5 billion to sponsor over 143 festivals and events within...
Lagos gives traders, mechanics under Marine Bridge 48-hour ultimatum to vacate
The Lagos State Government has given a 48-hour ultimatum to motor boys, their drivers, traders and operators of mechanic workshops...
Why I invested N320bn in First Bank – Otedola credits Tinubu, Cardoso reforms
Chairman of First Holdco Plc, Femi Otedola, has credited President Bola Tinubu’s economic reforms and the Central Bank of Nigeria’s...
Dangote partners international firm to export Polypropylene beyond Africa
Dangote Refinery and Petrochemicals has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote...
Lagos clarifies ban on single-use plastic, says sachet water, PET bottles not affected
The Lagos State Government has clarified that its state-wide ban on Single Use Plastics (SUPs) does not include PET bottles,...
Shell reports 122% rise in oil spills in Nigeria in 2024
Shell Plc has revealed that its Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), the operator of the SPDC joint venture,...
NDLEA intercepts N3.2 billion opioids in Lagos, Port Harcourt ports
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted opioids worth over N3.2 billion in separate raids at Apapa...
CBN Recapitalization: 95% of BDC operators risk shutdown by June 2025
There has been a lot of anxiety in the sector recently as the fate of most of the licensed Bureau...
Lagos insists property owners, developers, residents must obtain planning permits for all building projects
The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA) has insisted that property owners, developers, and...
