Business Oil & Gas Top Story

Dangote refinery 97% completed – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says that the Dangote Petroleum Refinery is 97% completed. In a statement released on Thursday in Lagos and signed by Mr Anthony Chiejina, Group Chief Branding and Communication Officer, Dangote Industry Ltd., NMDPRA Chief Executive Mr Farouk Ahmed made the announcement. When the Dangote refinery’s representatives Read More…

Crime Nigeria Terrorism Top Story

Appeal Court frees Nnamdi Kanu, says extradition to Nigeria illegal

The three-man panel led by Justice Jummai Hanatu said Kanu had no case to answer anymore since the Federal High Court had no jurisdiction to try the case in the first place. The Court of Appeal sitting in Abuja has discharged all charges against the proscribed Indigenous People of Biafra, IPOB leader Nnamdi Kanu. The Read More…

REUTERS/Viktoriia Lakezina
Russia Top Story Ukraine World

Russia bombs Ukraine towns, threatens escalation

Officials said Russian missiles hit more than 40 Ukrainian cities and towns on Thursday, as NATO allies gathering in Brussels outlined measures to bolster up Europe’s air defences after committing more military aid to Kyiv. The new pronouncements prompted Moscow to reiterate its warning that Western powers’ assistance made them a “direct party to the Read More…

Metro Politics Top Story

2023: Sanwo-Olu launches campaign for 2nd term

Lagos State Governor, Babajide Sanwo-Olu, stated on Wednesday that he would commence his campaign for re-election in 2023. At the conclusion of the eighth Ehingbeti Lagos Economic Summit on Victoria Island, Sanwo-Olu made this announcement while outlining his accomplishments and goals for the state of Lagos. He said that he was still the best candidate Read More…

REUTERS/Lisa Leutner/File Photo
Business Oil & Gas Top Story

OPEC reduces 2022 and 2023 oil demand growth forecasts due to slowing economy

For the fourth time since April, the Organisation of Petroleum Exporting Countries (OPEC) has lowered its estimate for how much oil the world will need in 2022. This was due to weaker economies, the return of China’s COVID-19 control measures, and high inflation. In a monthly report, OPEC predicted a 2.7% increase in oil demand Read More…

Budget Business Debt Economy Policy Top Story

2023 Appropriation Bill passes second reading as Reps kick against subsidy, debt profile

The House of Representatives passed the 2023 appropriation bill for second reading despite opposition from members about the nation’s high debt level and ongoing fuel subsidy payments. The two problems, according to the House, are the main causes that are harming the country’s economy. The breakdown of the budget was read to the House at Read More…

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Metro Politics Top Story

Lagos 2023: PDP’s gubernatorial candidate reveals strategy as INEC lifts states’ campaign prohibition

Dr. Abdul-Azeez Adediran, popularly known as “Jandor,” the PDP gubernatorial candidate for Lagos State, released a seven-point plan of action for the state on Wednesday. The programme, tagged “WEALTHY”, comprises Works, Housing & Road Infrastructure; Education; Aquaculture & Ease of Doing Business; Law, Order & Security; Tourism, Transport & Traffic Management; Health & Environment; and Read More…

Business Economy Infrastructure Investment Top Story

Lagos to become Africa’s model mega city by 2052 – Sanwo-Olu

The governor of Lagos State, Babajide Sanwo-Olu, says that there is a plan to make Lagos the model megacity for all of Africa by 2052. At the 9th Ehingbeti Lagos Economic Summit, which took place on Victoria Island on Tuesday, Sanwo-Olu revealed this. He said that the government had put in a lot of work Read More…