Business Oil & Gas Top Story

NNPC, other national oil firms set to squander $400 billion on moribund projects

National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails to meet the Paris climate goals, a non-governmental organisation said on Tuesday. In a new report called Risky Bet, the Natural Resource Governance Institute (NRGI) estimated that NOCs Read More…

Metro Top Story

Lagos set for showdown as protesters mobilise for #OccupyLekkiTollGate on Saturday

Following the decision by the Lagos State Judicial Panel of Inquiry and Restitution for Victims of SARS Related Abuses & Lekki Toll Gate Incident (#EndSARS panel) to release the Lekki Toll Gate for reopening, Lagos is in for another tense moment as youths are now mobilising to hold a rally on the morning of Saturday, Read More…

COVID19 Health Nigeria Top Story

Nigeria yet to detect South African virus variant, to stick with AstraZeneca vaccine

Nigeria has not yet found the South African variant of COVID-19 in its population and will continue with plans to distribute the AstraZeneca vaccine, the head of the country’s primary healthcare agency said on Monday. On Sunday, South Africa said it would put its use of the AstraZeneca shot on hold after research showed it Read More…

Business Top Story Trade

Final WTO talks under way on selecting new leader, delegates say

World Trade Organization members are conducting final consultations this week on selecting a new director-general (DG) and are widely expected to endorse Nigeria’s candidate at their next formal meeting, delegates said on Monday. Washington backed Nigerian former finance minister Ngozi Okonjo-Iweala on Friday, reversing its previous opposition and prompting her to express optimism about her Read More…

Business Commodities Inflation Top Story

Analysis: Food price spikes see inflation rear its head in Nigeria and emerging markets

For Cleanne Brito Machado, like millions of people in developing countries around the world, shopping for staple foods such as rice, beans, oil or potatoes now means making hard choices. “The shopping cart is getting much smaller and we’re paying much more,” said the 41-year old, who works as a maid in Brazil’s capital Brasilia. Read More…

Sports Top Story

We’re going to Edo 2021 with our best – Lagos Sports Commission

The Director-General, Lagos State Sports Commission, Oluwatoyin Gafaar, says the team going for the 20th edition of National Sports Festival (NSF) in Edo will be based on the merit and not numbers. Gafaar stated this in a statement issued on Sunday by the commission’s Director of Public Relations, Mrs Titi Oshodi-Oke, after a zoom meeting Read More…

Culture & Arts Entertainment Top Story

Ik Osakioduwa named host, Nigerian Idol season 6 – Organisers

The Organisers of Music Talent Reality Show ‘Nigerian Idol Season 6’ have unveiled Nigerian TV/ Radio Personality Ik Osakioduwa as the host of the show. The popular music talent reality show ‘Nigerian Idol’ is back for its sixth season after nearly six-year hiatus. The organiser took to its Instagram page @nigeriaidol to make the announcement Read More…

Legal Metro Top Story

Parents now liable for children’s participation in cultism

New bill passed by Lagos State House of Assembly holds parents responsible for their children’s cult activities The Lagos State House of Assembly has passed the Unlawful Societies and Cultism (Prohibition) Bill 2020. The house passed the bill during the plenary session on Monday through a voice vote conducted by the Speaker, Mudashiru Obasa. Obasa Read More…

COVID19 Health Metro Top Story

It’s a ravaging scourge as Lagos crosses the 1,000 COVID-19 daily infection mark

Nigeria sets a new daily record of 1,883 Lagos State registered the highest number of COVID-19 infections nationwide on Saturday with 1,040 infections, taking the total number of infected people in the state to 48,919. The Nigeria Centre for Disease Control (NCDC) has confirmed 1,883 new cases of coronavirus (COVID-19) infections, bringing the total number Read More…