Oando acquires 100% stake in Agip Nigeria
Oando Plc says it has reached an agreement with Eni, on the acquisition of a 100 percent stake in its subsidiary — Nigerian Agip Oil Company Limited (NAOC Ltd). According to a statement filed on the Nigerian bourse, the completion of the transaction is subject to ministerial consent and other required regulatory approvals. […]
Commissioner-nominees: Akin Abayomi included as Sanwo-Olu sends new list to Lagos assembly
Babajide Sanwo-Olu, governor of Lagos, has sent a second list of commissioner-nominees to the state house of assembly for screening and confirmation. Mudashiru Obasa, speaker of the house, announced the receipt of the nominees list at the plenary on Monday. On August 23, the state assembly declined to confirm 17 out of […]
Presidential election petition judgment to be broadcast live
Umar Bangari, the chief registrar of the court of appeal in Abuja, has disclosed that the judgment of the presidential election petition tribunal will be broadcast live on Wednesday, September 6. “In a bid to promote transparency and openness, these judgments will be televised live by interested Television Stations for the public to […]
Blue rail line operations, foreign trade report… 7 business stories to track this week
Here are the seven top business stories you need to track this week — September 4 to September 8. BLUE RAIL LINE TO COMMENCE OPERATIONS SEPT. 4 The blue line rail system is expected to commence operations on Monday, September 4, 2023, according to Lagos Metropolitan Area Transport Authority (LAMATA). Abimbola […]
Newspaper Headlines: State NLC, TUC ask workers to join two-day warning strike
Reports on the two-day warning strike declared by the Nigeria Labour Congress (NLC), dominate the cover pages of Nigerian newspapers. Source: Top Stories
ACS23: AfDB to launch $1bn climate adaptation initiative for African youths
Akinwumi Adesina, president of the African Development Bank (AfDB), says the organisation alongside the Global Center on Adaptation will launch a $1 billion climate adaptation initiative for African youths. Adesina made the announcement on Sunday at the African Climate Youth Assembly held ahead of the Africa Climate Summit in Nairobi, Kenya. He […]
FULL LIST: Asake clinches next rated, Rema wins best African artiste at 2023 Headies
Asake, the Amapiano singer, won the ‘Next Rated’ award at the 2023 Headies. The 16th edition of the biggest award ceremony that celebrates Afrobeats and African culture took place on Sunday at the Cobb Energy Performing Arts Center in Atlanta. The show, themed ‘Celebrating African Renaissance,’ saw artistes from across the continent […]
Adeboye: Glorious days of naira will soon return | There’s a God of miracles
Enoch Adeboye, general overseer of the Redeemed Christian Church of God (RCCG), says the country’s weakling naira will regain its value against the dollar. Adeboye spoke on Sunday while ministering during the church’s monthly thanksgiving service with the theme “Uncommon miracles”. The clergyman told the gathering about the value of the naira […]
Falana asks DSS to release detained Ogun LGA chair, advises Abiodun to sue for libel
Femi Falana, human rights lawyer, has called on the Department of State Services (DSS) to release Wale Adedayo, the suspended and detained chairman of Ijebu east LGA of Ogun state. Last week, Adedayo accused Dapo Abiodun, governor of Ogun, of hijacking funds meant for the LGAs in the state. Adedayo alleged that […]
FG to establish solid minerals corporation, targets 50% contribution to GDP
Dele Alake, minister of solid minerals, says the federal government will soon establish the Nigerian solid minerals corporation. Alake said the corporation will be similar to the Nigerian National Petroleum Company (NNPC) Limited. Addressing a press conference in Abuja on Sunday, Alake said the government is ready to take the “bull by […]