Lagos Announces Traffic Diversion along Marina

[dropcap]T[/dropcap]he Lagos State Government has announced that there will be diversion of traffic along the outer Marina between 6a.m and 2p.m on Sunday 9th July to allow the Lagos Metropolitan Area Transport Authority (LAMATA) install some equipment for the Light Rail project. A release by the State Commissioner for Information and Strategy, Mr. Steve Ayorinde,…

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Man Paddles Canoe on Flooded Lagos Road

[dropcap]T[/dropcap]oday (Saturday) a man was seen paddling a canoe on the flooded Ahmadu Bello Way, Victoria Island in Lagos The symbolism around the Galleria shows how terribly bad the Lagos flood was today. In a warning, foreshadowing the Saturday flood, the Lagos State government called on residents to observe extreme caution on the roads as…

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Unsold: Nigerian Crude Oil Waits For Buyers

[dropcap]N[/dropcap]igerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply glut is a sign that an expected second-half rebalancing of the global market is getting off to a slow start. An increase in production in Nigeria and Libya, where conflict…

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Oil Block Sale Scandal: Nigeria Parliament Summons Ex-President Jonathan

[dropcap]N[/dropcap]igeria’s lower house of parliament called on Wednesday for ex- president Goodluck Jonathan to testify in an inquiry into the contested sale of an oil block during his tenure, the investigating committee said. Investigations into the $1.3 billion sale in 2011 of oil prospecting licence (OPL) 245, which could harbour more than 9 billion barrels…

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