Fintech

Lagos Signs Memorandum of Understanding on IGR FinTech Development

The Lagos State Government through the Ministry of Physical Planning and Urban Development has signed a Memorandum of Understanding with eTransact to curb unregulated development, manage setbacks and open spaces, and improve the beautification of the state’s environment. According to the collaborating partners, the Ministry of Physical Planning and Urban Development and eTransact will deploy an…
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Energy

Addax workers start strike, oil production sheds 22,000bpd

Workers of Addax Petroleum Development Nigeria have embarked on strike in protest against anti-labour practices by the firm, causing possible reduction in Nigeria’s crude oil production by 22,000 barrels per day. Addax, owned by China’s Sinopec Group, has four Oil Mining…