The Tinubu Stakeholders Forum (TSF) has hailed the successful raising of N100 billion by the MOFI Real Estate Investment Fund (MREIF) through its fully subscribed Series 2 issuance. In a statement signed by its Chairman, Ahmad Sajoh and Secretary, Afolabi…
HEDA Sues to Halt Shell’s Onshore Asset Transfer, Citing Legal and Environmental Violations
A lawsuit has been filed at the Federal High Court in Lagos to stop the transfer of an oil mining license from Shell Petroleum Development Company Limited (SPDC) to Renaissance African Energy Company Limited. The legal action, initiated by the…
Diphteria Outbreak: Lagos Records 10 Confirmed Cases In Three Months
… Health Authorities Intensify Response Efforts … Public Urged to Maintain Hygiene During Festive Period … Government Partners WHO, UNICEF to Curb Spread Lagos State has recorded 10 confirmed cases of diphtheria between January 1 and March 27, 2025, as…
XENERGI Reaffirms Commitment to Due Process Amid Unwarranted Land Encroachment Claims
Xenergi Limited has categorically refuted claims suggesting its involvement in land encroachment or community disruption, as recently circulated in various media reports due to a statement issued by Axxela Limited. In a statement signed by Egoyibo Ekpeti of its Corporate…
Trans-Niger Pipeline Explosion Threatens Nigeria’s Earnings and OPEC Quota
A massive explosion on the Trans-Niger Pipeline (TNP), a key crude oil transportation route in Nigeria, is expected to have severe implications for the country’s oil export earnings and its already struggling OPEC quota in the coming months. The blast,…
Dangote Set To Establish 18 MMT/PA Cement Factory in Ogun, Plans Investment in OKFTZ
Africa’s leading industrialist and President of Dangote Group, Alhaji Aliko Dangote, has announced that upon the completion of his cement plants in Ogun State, the total capacity will reach 18 million metric tons per annum, making Ogun the highest cement-producing…
Umuseti Community Reaffirms Ownership of Land Purchased by Axxela, Dismisses Claims by Emu Ebendo
The Umuseti Community in Utagba-Ogbe, Kwale, hereby issue a formal response to recent claims by some protesters from the Emu Ebendo community regarding the ownership of a parcel of land purchased by Axxela Company. High Chief Emmanuel Akpe, spokesperson for…
FG Approves Modular Refinery for Abia State
The Abia State Governor, Dr Alex Otti has disclosed that the Federal government has approved a modular refinery for Abia State, which will be cited inside the Abia Industrial and Innovative Park, AIIP. The Executive Governor disclosed this on Tuesday…
Diphtheria Scare: Lagos Govt Rolls Out Emergency Vaccination at King’s College Annexe
…Officials Inspect School Facilities, Urge Calm Among Parents …Students, Staff to Receive Vaccination as Part of Containment Efforts In a swift response to the recent diphtheria outbreak at King’s College Annexe, Victoria Island, the Lagos State Government has commenced an…
IFC Awards EDGE Green Building Certification to Access Bank Nigeria
Access Bank PLC, a leading African bank, has received the IFC EDGE (Excellence in Design for Greater Efficiencies) Green Building Certification for its banking headquarters, called Access Tower, located in Oniru, Victoria Island, Lagos. The EDGE Green Building certification program,…
