Town Gist Ng

    Chairman of Abeokuta North Local Government Area, Hon. (Dr.) Lanre Oyegbola-Sodipo, has been conferred with the prestigious "Local Government Chairman of the Year" Award at the South West Investment  Summit and Advancement Awards.   This esteemed recognition is a testament to his transformative leadership, good governance, and impactful developmental projects that have significantly improved the lives of the people in Abeokuta North. The award  also honours the shining example of his unwavering commitment to delivering dividends of democracy to the people of Abeokuta North.   The formal investiture ceremony, held on Monday 3, November 2025, at the Oriental Hotel, Victoria Island, Lagos,  brought together top government officials, business and thought leaders, political leaders, and stakeholders to celebrate Dr. Oyegbola-Sodipo's outstanding achievements.   "Receiving this award is a great honour, not just for me, but for the people of Abeokuta...

The First ever World Public Assembly has redefined a pnew model of development is the "economy of life." The Assembly became the center of global dialogue. Over 4,000 participants from more than 150 countries: politicians and diplomats, entrepreneurs and cultural figures, writers and scientists, representatives of educational organizations, religious and social movements gathered to discuss the future of humanity. The central idea of the World Public Assembly was to build a "New World of Conscious Unity", a world where the main value is man. The main vectors of international dialogue and partnership have been formed. Award "For Service to Humanity": A Symbol of Gratitude of Nations On the International Day of Peace, September 21, a historic event took place — for the first time, the Public Recognition Award "For Service to Humanity" was presented. Its first laureates are representatives of Russia, Jordan, Tajikistan, Kazakhstan, Angola, India and...

The Managing Director of the Nigerian Export-Import Bank (NEXIM), Mr. Abubakar Abba Bello, will on Tuesday, September 2, 2025, at 9:00 AM, engage young entrepreneurs and business owners in a high-level discussion on wealth creation through non-oil export opportunities. The event, organized by the APC Youth Wing under the leadership of National Youth Leader Hon. Dayo Israel, will be streamed live online and aims to empower Nigerian youths to tap into the global non-oil export market and attract foreign exchange to boost the economy. According to Hon. Israel, “If we are to create more local jobs and attract foreign exchange into Nigeria, we must increase our non-oil export. We must equip entrepreneurs with access to funding and technical support so that Nigerian businesses can compete globally, especially leveraging AfCFTA opportunities.” The engagement will cover: Access to finance for SMEs and startups Agricultural value chain and export strategies Leveraging non-oil export for busines...

HAVAS Africa today announced the launch of HAVAS Red Nigeria, expanding the global merged media agency’s presence in West Africa and further strengthening its position across the continent. This follows HAVAS Red’s initial expansion into South Africa in October 2023, Côte d’Ivoire in April 2024, and Kenya in July 2025. HAVAS Red is the global PR, social and influencer agency micronetwork of HAVAS renowned for its merged media model that integrates earned, social, experiential and content to help brands and businesses meet the people and audiences they want to reach in meaningful ways. Launched in 2019, with today’s announcement regarding Nigeria, Red will have a presence in 23 markets including Australia, China, Côte d’Ivoire, France, Germany, Greece, Italy, Kenya, Middle East (U.A.E., Saudi Arabia and Oman), the Philippines, South Africa, Spain, U.K., Ukraine, U.S., and Vietnam. “Expanding into Nigeria is a pivotal step in our continued growth across Africa,” said James Wright, Global...

Ijebu, Nigeria – In a vibrant display of culture and tradition, Egbe Bobagunwa Diamond Obinrin Akile Ijebu, one of the recent accredited cultural groups in Ijebuland, marked a significant moment during the 2025 Ojude Oba festival with the official unveiling of Chief Mrs. Akorede Adunni Kuforiji as the Iya Egbe and Prince Animashaun as the Baba Egbe. The unveiling ceremony, which took place following a courtesy visit to the revered Paramount Ruler of Ijebuland, Oba Sikiru Adetona, the Awujale of Ijebuland, was a grand reflection of the group's deep respect for the Regberegbe cultural rites of Ijebuland. These two figures, now as Patron and Matron of Egbe Bobagunwa Diamond Obinrin, symbolize the finest qualities of the group: beauty, intelligence, and an unwavering love for their roots. With the leadership of Chief Mrs. Odutola Olasubomi Ajimuda, the Iyalode Egbe, expresses her pride in the unity and dedication of the young generation of Egbe members. "We are proud to unite as y...

Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline.   Both Emirates and dnata contributed record revenues in 2024-25, as the Group expanded its operations around the world to meet voracious customer demand for its high-quality products and services. For the financial year ended 31 March 2025, the Emirates Group reported a record profit before tax of US$ 6.2 billion), up 18% from last year and a record revenue of $ 39.6 billion. The level of cash assets also climbed to S$ 14.6 billion), up 13% from last year.   Emirates earns its place as the world’s most profitable airline, reporting a record profit before tax of $5.8 billion), up 20% from last year and a record revenue...

Metallurgists at AEM-Spetsstal (part of Rosatom’s Machine Building Division) have started shaping the first key components of the reactor vessel for Unit 6 of Hungary’s Paks II nuclear power plant (NPP). The heavy-duty steel parts — weighing around 600 tonnes — are being processed in St. Petersburg, Russia, as part of a major international clean energy initiative, using the latest Russian design. The forging process took place in the presence of representatives of the foreign customer. “The Paks II Nuclear Power Plant project is the largest nuclear investment in the European Union. With the construction of two new power units in Paks, we will be able to produce a significant amount of electricity in a sustainable manner for Hungary’s economy through the end of this century. The long-cycle equipment production is progressing steadily, thanks to significant efforts by Hungarian specialists – from design supervision to licensing and ongoing production monitoring. “A tangible result of thi...