The Federal Government is currently considering two major options for the rehabilitation of the aging Carter Bridge in Lagos: a complete replacement of the bridge with a modern cable-stayed structure …
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- EconomyGOVERNMENTInfrastructureTransportation & Logisitics
- BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
- ELECTRICITYEnvironmentInfrastructureNigeria
Storm Damages IBEDC Infrastructure, 40 Ibadan Communities
About 40 communities in Ibadan, Oyo State, have been thrown into darkness after a windstorm destroyed major electricity infrastructure belonging to the Ibadan Electricity Distribution Company (IBEDC). This marks the …
At least ten Nigerian states have collectively raised their domestic debt stock by ₦417.7 billion within a year, despite receiving increased monthly revenue from the Federation Account Allocation Committee (FAAC), …
- EconomyGOVERNMENTSecurityTransportation & LogisiticsTravel & Tourism
Despite Piracy Drop, Shipowners Still Spend Up to $8,000 Daily on Security Escorts in Nigerian Waters
Maritime industry stakeholders have raised concerns over the high cost of marine security in Nigeria, revealing that shipowners still spend between $5,000 and $8,000 daily to hire private security vessels, …
- BusinessDangote IndustriesEconomyEnergyMarketsNigeriaOil & Gas
Petrol Prices Drop Below N900 Across South-West
Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …
- EconomyEnergyGOVERNMENTInfrastructureInternational RelationsNigeriaTechnology
FG Unveils $150,000 Solar Testing Centre to Tackle Substandard Products
The Federal Government has commissioned Nigeria’s first Mini-grid Simulation and Standardisation Centre, a $150,000 facility aimed at regulating the quality of solar components and promoting local manufacturing of renewable energy …
The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …
- DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
- BusinessEconomyEnvironmentFinance & ServicesLeadershipNewsNigeria
Unilever Nigeria Appoints Ibrahim Sodipe as Executive Director
Unilever Nigeria Plc has appointed Ibrahim Sodipe as its new Executive Director, effective July 1, 2025. The company announced this appointment in a statement released to the Nigerian Exchange Limited, …