Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, 4 March, 2025, said the State Government is fully committed to fostering a market-driven, innovation-led financial sector. He said the Lagos State Government, through the Lagos International Financial Centre (LIFC), which is being established in collaboration with EnterpriseNGR and other key stakeholders, will create an enabling environment that supports seamless trading, attracts foreign investment, and enhance the competitiveness of the financial markets. Governor Sanwo-Olu spoke during an important meeting with licensed exchanges and key stakeholders on the Lagos International Financial Centre (LIFC) project, held at Lagos House, Marina, on Tuesday. The high-level…
Author: Abimbola Ogunaike
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Shell has called for the development of infrastructure to promote the growth of domestic gas and monetisation of the resource. “The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,” Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo said at a panel session at the just concluded Nigeria International Energy Summit (NIES) in Abuja. Ralph described infrastructure as the bedrock of a thriving gas industry, citing the Escravos – Lagos Pipeline System (ELPS) which feeds the domestic gas market as an example. He said: “If we can fully implement…
Omowunmi Aloba, the widow of singer Mohbad, has revealed why she can’t forgive the nurse who injected her late husband. Omowunmi, made the revelation in her latest interview with Arise Television, noted that the nurse has been out there clubbing and enjoying her life while “I have been held hostage. I can’t move freely, and my son has not even experienced the joy of childhood. And the same nurse, who will decide to get married someday, could leave me in the hands of war to devour me. “One thing is, I can’t even forgive that nurse because she made me a widow…
The Bauchi State Police Command on Monday, 3 March, 2024 disclosed that the death toll from Sunday’s tragic stampede at an alms-giving event in the state has risen to seven. Initially, four people were reported dead after being trapped while attempting to receive alms at Shafa Holdings Company Plc on Jos Road, Bauchi. However, the Bauchi State Police Command Public Relations Officer, SP Ahmed Wakil, later confirmed that three more women had succumbed to their injuries. The incident occurred around 10:20 a.m. during the company’s annual Zakat (almsgiving) exercise meant to assist the less privileged. Two of the additional victims…
Worried by the rising tide of Chinese involvement in financial crimes in Nigeria, the Ambassador of People’s Republic China to Nigeria, His Excellency, Yu Dunhai has broached the possibility of collaboration between a Chinese working group with the Economic and Financial Crimes Commission, EFCC in tackling cybercrime. Dunhai mooted the proposal in Abuja on Tuesday, March 4, 2025 when he led a delegation of Chinese Embassy officials on a visit to the Executive Chairman of EFCC, Mr. Ola Olukoyede at the Commission’s corporate headquarters. “The Chinese government is ready to send out a working group to come here to Nigeria to work with your…
The Rivers State Independent Electoral Commission (RSIEC) has announced plans to conduct fresh local government elections following a directive from Governor Siminalayi Fubara.This comes after the Supreme Court declared the previous election, held on October 5, 2024, invalid. In response to the ruling, Governor Fubara ordered the Heads of Local Government Administration (HLGAs) to take over the administration of the 23 local government councils in the state until new elections are held The governor also directed RSIEC to begin preparations for the polls, which will determine new leadership across the local governments. Justice Adolphus Enebeli (Rtd) As part of the…
Ogun State Governor, Prince Dapo Abiodun, has issued a stern warning to commercial vehicle operators within the state, urging them to refrain from transporting flammable materials in their vehicles to ensure the safety of passengers. This caution follows a tragic incident involving a commercial vehicle on the Abeokuta-Sagamu Interchange Expressway near the Muhammadu Buhari Estate. The accident claimed the lives of 16 individuals. The vehicle, a white Mazda bus with registration number KJA949YJ, was reportedly carrying a filled gas cylinder, which exploded, leading to a fire outbreak. The governor, in a statement in Abeokuta on Tuesday evening by his Special…
In a significant move to enhance the working and living conditions of personnel with the view to achieving optimal productivity in the areas of safety and security of critical national assets and infrastructure, the Commandant General, Nigeria Security and Civil Defence Corps, Dr Ahmed Audi has handed over keys and award letters of over a hundred housing units to personnel. Audi, while distributing the keys and letters to the beneficiaries who are Cooperative Members; reiterated his commitment to an all inclusive welfare package for personnel to enhance effective livelihood and sustainability. He appreciated the fact that though housing deficit is…
Eleven member states of Economic Community of West African States (ECOWAS) are in Abuja for the 13th edition of the Subregion’s African Wrestling Tournament which begins on Thursday, 8th March 2025, to 10th Saturday March 2025. Addressing a press conference in Abuja on Tuesday, 4 March, 2025, the Director of the ECOWAS Youth and Sports Development Centre (EYSDC), Francis Chucks Njoaguani, said the tournament is part of activities to mark ECIWAS 50th anniversary. Njoaguani, who is also the ECOWAS Resident Representative in Burkina Faso, said among the 12 current members of the ECOWAS, only Cape Verde failed to show interest…
Ogun State Governor, Prince Dapo Abiodun has mourned the demise of Chief Mrs. Adenike Ebun Oyagbola, the first female minister of cabinet rank in Nigeria. Chief Oyagbola died at the age of 94 on Friday, 28 February, 2025. Abiodun, in a condolence message on Saturday, said the life of the deceased politician exemplified shrewdness, courage, humility, and a strong will and passion for service. The Governor added that the late Iyalode of Yewaland had built an enviable path for African women to follow in the quest for gender equality and active participation of women in politics. He, therefore, prayed for…