In a major step towards improving mobility and urban order, the Lagos State Government has launched a 24-hour traffic management and enforcement operation, while also reclaiming key transport corridors in Apapa, Coastain, and Ijora from environmental degradation and illegal occupation. The initiative, driven by the Lagos State Traffic Management Authority (LASTMA), marks a new phase in the state’s commitment to ensuring free vehicular flow and safety across the metropolis. Speaking during the official inauguration, Sola Giwa, Special Adviser to the Governor on Transportation, Honourable, said the round-the-clock operational framework is part of Governor Babajide Sanwo-Olu’s broader vision to sustain mobility…
Author: Elvis Eromosele
Aliko Dangote, Chairman of the Dangote Petroleum Refinery, has announced plans to sell between five per cent and 10 per cent of the company’s shares on the Nigerian Exchange (NGX) Limited within the next year. The move aligns the refinery’s strategy with other listed Dangote Group companies, such as Dangote Cement. Share Sale and Ownership Structure Listing Timeline: The share sale is expected to happen over the next year, with the shares to be released gradually based on investor interest and market conditions. Target Ownership: Dangote stated that the group plans to retain 65 per cent to 70 per cent…
Cadbury Nigeria Plc, a subsidiary of Mondelēz International, one of the world’s largest snacking companies, has paid glowing tribute to Dr. Christopher Kolade, a former Managing Director and later Chairman of the Company, who passed away recently at the age of 92. This announcement was contained in a statement issued by the Company. According to the statement, Cadbury Nigeria described Dr. Kolade, who was the Company’s first indigenous Managing Director, as an accomplished corporate colossus, a distinguished diplomat, and an intellectual giant that nurtured many business leaders. The Chairman, Cadbury Nigeria, Mr. Adedotun Sulaiman, said: “The Board, Management and Staff…
Nigerian billionaire Aliko Dangote has announced ambitious plans to double the capacity of the $20 billion Dangote Oil Refinery to 1.4 million barrels per day (b/d). This expansion would make the Lagos facility the largest single-train refinery in the world, surpassing India’s 1.36 million b/d Jamnagar refinery. Expansion Details and Financing Current Capacity: The existing Dangote Refinery and Petrochemicals complex has a capacity of 650,000 b/d. The site was reportedly designed with space to accommodate a second refining system, allowing for seamless expansion. Petrochemical Growth: The new investment will not only boost refining but also support petrochemical ventures, including the production of linear alkylbenzene…
The Tertiary Education Trust Fund (TETFund) is set to roll out an electric campus transportation scheme across 12 pilot tertiary institutions starting in November 2025. TETFund Executive Secretary Sonny Echono announced the initiative, which is designed to ease mobility risks and high costs faced by students, particularly those who live off-campus. Key Details of the Transport Scheme Pilot Launch: The electric student shuttle service will begin in selected institutions next month (November 2025}. Sustainability: The vehicles will have dedicated charging stations set up on each campus. Management: The scheme will be managed by students themselves to promote both accountability and sustainability.…
Across Nigeria’s bustling cities and growing peri-urban communities, the signs of progress are everywhere – expanding markets, rising consumption, and a youthful population driving demand. Yet this growth brings with it a familiar challenge: plastic waste. From busy Lagos streets to the creeks of the Niger Delta, discarded packaging often clogs drains, litters markets, and seeps into waterways, threatening livelihoods and ecosystems alike. Nigeria generates an estimated 2.5 million tonnes of plastic waste each year, with less than 10% effectively recycled. Across West Africa, more than 80% of plastic waste remains mismanaged, posing risks to public health, biodiversity, and coastal…
By Michael Owhoko, Ph.D The quality of a country’s healthcare system is a mirror image of its leaders’ commitment to citizens’ health. Countries like Singapore, Japan, South Korea and Switzerland are among the world’s top countries with best healthcare for citizens, driven majorly by robust funding and well-structured policy programme. Leaders in these countries do not go to foreign countries for medical tourism, as they have absolute confidence in the delivery capacity of the healthcare system. But in Nigeria, the healthcare system is fraught with dysfunctionality, forcing elasticity of reliability southward. Poor health facilities, unprofessionalism, unethical standards, weak regulatory agencies,…
Veritasi Homes has launched Arámidẹ́, an ambitious 1,000-unit, solar-powered housing project designed to make homeownership attainable for Nigeria’s middle-class earners and young professionals. The project, whose name means “My Own Has Arrived” in Yoruba, begins with the first phase of 26 three-bedroom bungalows in Aiyetoro, Ibeju-Lekki, Lagos. Sustainability and Affordability The Arámidẹ́ initiative directly addresses Nigeria’s housing deficit by focusing on affordability and energy independence: Sustainability: Every three-bedroom bungalow with a boys’ quarter is solar-ready, aiming to combat unstable power supply and reduce future utility costs. The homes feature eco-conscious finishes and are constructed using recyclable materials. Flexible Financing: Veritasi…
MTN Nigeria will temporarily disrupt services across parts of Adamawa, Borno, and Kano States this Saturday for a scheduled two-hour network maintenance exercise. The maintenance is set for Saturday, October 25, 2025, between 6:00 a.m. and 8:00 a.m., and will affect 101 network sites across 15 Local Government Areas. All 2G, 3G, 4G, and enterprise connections in the affected areas will be unavailable during this window. Why the Maintenance is Necessary MTN states the work is a crucial part of a long-term effort to improve service reliability and strengthen its fiber infrastructure in Northern Nigeria. The planned activity involves replacing…
Amazon Web Services (AWS), the world’s leading cloud computing provider, suffered a major operational outage on Monday in its US East Coast region, causing widespread disruptions for popular global web services and applications. Widespread Impact The outage, which began early Monday, affected numerous high-profile platforms that rely on AWS’s infrastructure for computing power, data storage, and networking. Services reporting disruptions included: Social & Media: Snapchat, Zoom, Peloton, Signal, and Slack. Gaming: Roblox, Fortnite, and the PlayStation Network. Business & Finance: Canva, Duolingo, Coinbase, and data services for the London Stock Exchange Group. Several companies, including AI search engine Perplexity and…