Ogun State has taken its investment pitch to the global stage, wooing international investors and development partners with its expanding industrial base, strategic infrastructure, agricultural potential and business-friendly reforms at a high-level side event on the margins of the 81st United Nations General Assembly (UNGA) in New York, United States. Representing the State at the…
By Kayode Akinmade For more than three decades, the Olokola Liquefied Natural Gas project remained largely a promise on paper. Now, renewed discussions between the Ogun State Government and the Nigerian National Petroleum Company Limited (NNPC) are placing the stalled project at the centre of a broader plan to transform the state’s coastline into an…
Ogun State and the Nigerian National Petroleum Company Limited (NNPC) have opened discussions on the revival of the long-delayed Olokola Liquefied Natural Gas (OKLNG) project in Ogun Waterside, adding a major energy component to the emerging $7 billion maritime and industrial development taking shape along the state’s coastline. The development comes barely a week after…
Ogun State Governor, Prince Dapo Abiodun, has disclosed that construction work on the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside Local Government Area will commence in November this year. Abiodun made the disclosure while addressing All Progressives Congress (APC) stakeholders in Ijebu East and…
Projects expected to attract more than $7bn in initial investment, create over 50,000 direct jobs The Ogun State Government and DP World MEA FZE have signed Memoranda of Understanding (MoUs) for the development of the Gateway Deep Sea Port and the Ogun State Blue Marine Special Economic Zone, with the projects expected to attract more…
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from 26.5 per cent to 23 per cent, in a major adjustment aimed at strengthening monetary policy transmission and aligning the country’s monetary framework with prevailing economic conditions. The decision was announced on Tuesday, September 22, 2026, by CBN Governor, Olayemi Cardoso, following…
Community Leaders say development of ancient site will boost tourism, jobs and Ogun economy Residents and Traditional Leaders of Ebute-Igbooro in Yewa North Local Government Area of Ogun State have appealed to the State Government to develop the ancient Oleyo Waterfall into a major cultural and tourism centre. The appeal was made on Wednesday during…
At least 47 job applicants have allegedly lost more than N51.8 million to fraudsters who promised them employment in the Cross River State Local Government Service. The applicants were reportedly defrauded during the now-cancelled 2024/2025 local government recruitment exercise in the state. Chairman of the Cross River State Local Government Service Commission, Barrister Eyo Nsa…
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, representing an 8.8 per cent reduction in the Country’s physical banking network, according to data from the Central Bank of Nigeria (CBN). Figures contained in the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number…
What happens when a young man’s biggest obstacle to becoming self-employed is not lack of skills, willingness to work or business ideas, but the absence of start-up capital? For some vulnerable Nigerians, the answer appears to be becoming increasingly disturbing: turning to the human body itself as a source of quick money. Reports of young…
