Lagos State Governor, Babajide Sanwo-Olu, has commissioned the Onikan multi-level car park to tackle the perennial traffic jam in Lagos Island. The Chief Press Secretary to the Governor, Gboyega Akosile, disclosed this in a statement issued on Wednesday, noting that the facility was conceived in June 2013 when the incumbent Lagos State Deputy Governor, Dr. […]
Author: umunna
UN urges Nigeria to implement EndSARS panel’s recommendations
The United Nations has called on the Federal Government to implement the recommendation of the Judicial Panel of Inquiry and Restitution set up to investigate issues surrounding the #EndSARS Protests of 2020. UN Resident and Humanitarian Coordinator in Nigeria, Edward Kallon said in a statement in Abuja on Wednesday, that the submission of the report […]
Evergrande chairman has sold $1.1 billion worth of his personal assets to prop up the company, Chinese state media reports
Evergrande chairman Xu Jiayin has sold more than 7 billion yuan ($1.1 billion) worth of personal assets to prop up his embattled company, Chinese state media reported this week. Xu has sold several houses in Hong Kong, Guangzhou and Shenzhen, as well as some private jets, the state-owned China Business News reported Tuesday, citing anonymous […]
NCF, TotalEnergies step up school tree planting campaign in Abuja
The Nigerian Conservation Foundation (NCF) has partnered with TotalEnergies to plant trees and clean up school environment in Abuja. The News Agency of Nigeria (NAN) reports that the tree planting and clean-up exercise took place at Government Secondary School (GSS), Tudun Wada in the Federal Capital Territory. Muhammed Boyin, an official of NCF stated that […]
Nord Stream 2: Gas prices soar after setback for Russian pipeline
UK and EU wholesale gas prices have risen by 17% after Germany’s energy regulator suspended approval of the controversial Nord Stream 2 natural gas pipeline from Russia to Germany. It said the pipeline’s operating company needed to be compliant with German law before it would certify the €10bn (£8.4bn) project. Critics fear the pipeline will […]
Shell plans to move headquarters to the UK
Royal Dutch Shell has announced a plan to move its headquarters to the UK as part of proposals to simplify the company’s structure. The oil giant will ask shareholders to vote on shifting its tax residence from the Netherlands to the UK. It also wants to do away with its dual share structure in favour […]
Google: US technology giant to invest $740m in Australia
Google has announced that it will invest A$1bn ($740m, £550m) in Australia over the next five years. It is the US technology giant’s largest investment in the country to date. Google says the money will be used to build a research hub, increase its cloud computing capacity and fund partnerships with local organisations. The move […]
Lekki toll gate: Army ‘killed unarmed, defenseless protesters’ – Lagos panel
The Lagos State Judicial Panel of Inquiry on Restitution for victims of SARS-related abuses and other matters has concluded that the Nigerian Army shot and killed unarmed protesters at the Lekki Toll Gate on October 20, 2020. The Panel’s findings were disclosed in its report obtained by Channels Television on Monday. According to the Panel, […]
Biden signs ‘once-in-a-generation’ $1tn infrastructure bill into law
US President Joe Biden has signed into law a $1.2tn (£894bn) spending bill, marking a legislative achievement for his administration. “Today, we are finally getting this done,” the Democrat told lawmakers from both major parties in a bill signing ceremony at the White House on Monday. The bill caused a rift in Mr Biden’s party […]
Nigeria seeks more collaborations with China for mutual benefit
Nigeria’s ruling party, the All Progressive Congress (APC) has sought more collaboration with the Communist Party of China for the mutual benefit of both countries. Mr John Akpanudoedehe, National Secretary, Caretaker Committee of the APC, said this on Monday, at a meeting between the two political parties in Abuja. According to him, as a ruling […]