General
Lagos Joins Eight Other Cities to Improve Air Quality
By Adedapo Adesanya
Lagos State has signed the C40 Clean Air Cities Declaration alongside Abidjan, Accra, Addis Ababa, Dakar, Ekurhuleni, Freetown, Johannesburg, Nairobi, and Tshwane to improve air quality.
Governor Babajide Sanwu-Olu in a statement revealed that he was committed to improving air quality for its citizens, adding that it is the responsibility of every citizen to maintain it because together it can be achieved.
He explained that he was happy to join the mayors and governors of nine other African cities in making an unprecedented, ambitious commitment to improve air quality with the signing of the C40 Clean Air Cities Declaration.
“The need to breathe clean air is more important than the licence to pollute it.
“Lagos has committed to improving air quality and I appeal to the responsibility of every citizen because together we can,” he said.
The statement also revealed that by signing the C40 Clean Air Cities Declaration, the governor of Lagos State recognises that breathing clean air is a human right, and commits to working toward safer air quality.
Mr Sadiq Khan, the Chair of C40 Cities and Mayor of London, in his remarks, said that: “With COP27 being held in Africa later this year, I am delighted to welcome 10 new African signatories to the C40 Clean Air Cities Declaration.
“As Chair, I am determined to do more to support cities in the global south, who are on the frontline facing the worst consequences of climate change.”
Mr Khan also said he was focussing C40’s resources to help cities around the world accelerate their efforts to tackle climate emergencies, reduce toxic air pollution, and address inequalities.
He lamented that the world was at a crossroads, adding that efforts must be made to allow cities around the world to become greener, fairer, and more prosperous for all.
On his part, Mr Michael Bloomberg, United Nations Special Envoy for Climate Ambition and Solutions, President of the C40 Board and 108th Mayor of New York City, in his remarks noted that many of the world’s fastest-growing cities are in Africa.
“We believe that the ten mayors can help show cities everywhere how to protect public health, fight climate change, and expand economic opportunity all at the same time.
Mr Bloomberg also added that cities play a vital role in the fight against climate change.
“This new commitment is an important step to help build momentum and highlight Africa’s leadership in the lead-up to COP27 in Egypt later this year,” Bloomberg said.
The statement read in part: “Under the Clean Air Cities Declaration, Lagos is improving public transport as a key component of Lago’s strategy to reduce air pollution.
“The city will expand the bus rapid transit (BRT) network, installing new terminal hubs and lines allowing for additional users and trips.”
“A low-emission bus pilot, replacement of older vehicles by 2025, and improved fuel quality standards will reduce public transport pollution.”
“Improved walking and cycling infrastructure by 2025 will increase active mobility, further reducing demand for private transport.”
“Other actions include rehabilitating three illegal waste dumping sites, increasing the uptake of LPG for cooking, and promoting solar photovoltaic systems on buildings.”
It read: “Air pollution has become the second largest cause of death on the African continent, due in part to rapid urbanisation and industrialisation.
“Approximately 1.1 million deaths per year have been linked to air pollution across Africa, according to a Global Burden of Disease Study.”
“Approximately 59 million people across the ten African cities stand to benefit from cleaner air and improved health through commitments that are estimated to prevent as many as 10,000,”
“Early deaths linked to air pollution exposure, as well as more than 300,000 hospitalisations, resulted in US$ 9.4 billion in annual savings from averted deaths and hospitalisations.
“If Lagos reduces its PM2.5 concentration to 35 μg/m3 (World Health Organisation (WHO) Interim Target 3) by 2030, it could prevent 2,800 deaths and 155,000 hospitalisations per year.”
“This would save $2.3 billion annually (from avoided deaths and hospitalisations).”
According to it, if Lagos reduces its NO2 concentration to 10ppb (WHO Air Quality Guideline), it will prevent 2,300 asthma incidences per year.
“This will save U.S.$ 200 million annually in related healthcare costs.
“Swift, unprecedented and collaborative action is needed to address the sources of pollution that are harming our health and heating our planet,” the statement read
General
Excitement as Nigeria Exits EU’s High-Risk Financial List
By Adedapo Adesanya
The European Union (EU) has officially removed Nigeria from its list of High-Risk Third Country Jurisdictions.
This decision follows Nigeria’s successful exit from the Financial Action Task Force (FATF) “grey list” in late 2025, signaling international recognition of the country’s improved anti-money laundering and counter-terrorism financing (AML/CFT) frameworks.
The development is expected to ease trade, payments and investment flows between the country and Europe
The European Commission confirmed that Nigeria, alongside South Africa, Burkina Faso, Mali, Mozambique and Tanzania, had strengthened its AML/CFT regimes and no longer posed “strategic deficiencies” under EU assessment standards.
The commission noted that the affected countries had implemented reforms that brought their financial systems in line with international standards set by the FATF.
Reacting to the development, the Minister of State for Finance, Mrs Doris Uzoka-Anite, described Nigeria’s removal from the list as a major boost to investor confidence.
On a post on X on Thursday, she wrote, “Big win for Nigeria! Removed from EU’s financial ‘high-risk’ list!Congrats to President @officialABAT on this achievement. As Minister of State for Finance, I’m proud of this boost to trade and investor confidence.”
Being on the EU’s high-risk list previously meant that transactions with European partners required enhanced due diligence, stricter documentation, and additional oversight.
Nigerian businesses and banks faced increased scrutiny, which slowed cross-border trade and complicated investment flows.
The lifting of enhanced due diligence requirements is scheduled to take effect on January 29, 2026, following confirmation by the Commission confirmed that Nigeria has addressed strategic deficiencies and strengthened its financial governance through critical legislative reforms, such as the Money Laundering (Prevention and Prohibition) Act.
The development could have a series of positive impact including the provision of several immediate and long-term benefits as well as reduction of compliance costs.
As a result, EU financial institutions will no longer be legally required to apply “enhanced due diligence” to transactions involving Nigeria, which previously involved more intrusive checks and rigorous documentation.
It will also enhance smoother cross-border trade by simplifying trade and payment flows between Nigeria and European partners, reducing the complexity and time required for transactions.
Nigerian officials, including the Minister of State for Finance, have highlighted this as a “major boost” to investor confidence, positioning Nigeria as a more credible destination for international capital.
General
Dangote Cement Distributors, Customers Share N15bn Gifts, Cash at Awards Nite
By Aduragbemi Omiyale
Cash and gifts worth about N15 billion were given out to distributors and customers of Dangote Cement Plc at a ceremony organised to reward their continued loyalty, resilience, and outstanding performance.
At the event, held recently at Eko Convention Centre, Lagos, the chairman of president of Dangote Industries Limited, Mr Aliko Dangote, described the distributors as the heartbeat of the organisation and thanked them for their dedication in ensuring the Dangote products reach communities nationwide.
Business Post reports that the 2026 Distributors’ Awards Night, held under the theme, Partner for Growth, recipients received an impressive array of gifts, including cash prizes, containers of cement, high-end SUVs, and CNG-powered trucks.
Mr Dangote used the occasion to reiterate the company’s Vision 2030 strategy, aimed at transforming Dangote Group into a $100 billion enterprise by 2030.
The plan, he explained, focuses on industrial expansion, cross-border investments, and building Africa’s self-sufficiency in sectors such as energy, manufacturing, and infrastructure.
“Your tireless work in the field, your alluring commitment to our products and your direct engagement with our customers are what turn our vision and strategies into tangible results,” he posited.
“Vision 2030, an integral aspect of our Africa First project, was borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits – people who dream big, work hard, and never stop believing in what is possible,” he added.
On his part, chairman of the board of Dangote Cement, Mr Emmanuel Ikazoboh, highlighted the critical role of distributor partnerships in ensuring the company’s products reach every corner of the country.
“Tonight, we are giving out about ₦9 billion in cash to our distributors. For some of you, it will be a double celebration, as you may receive two alerts in recognition of both your volume and growth results,” he disclosed.
“In addition to the cash prizes, we have prepared other exciting gifts, including CNG-powered trucks, high-end cars, and more, to show our appreciation for your commitment and outstanding performance,” he added.
The board chairman further outlined the company’s plans to start the year strong by supporting its distributor partners, stressing the importance of supply chain efficiency and profitability as key pillars for growth.
Mr Ikazoboh also noted that the company has invested in new CNG-powered trucks, as the company’s target at the end of 2027 is to have all its trucks CNG-powered, supporting both logistics efficiency and empowering customers.
“We have made significant investments in new Compressed Natural Gas (CNG)-powered trucks. This initiative not only empowers our customers but also emphasises our dedication to corporate responsibility and global sustainability guidelines. These rewards reflect our promise to support customers and champion sustainable business practices,” he stated.
General
Navy Launches Operation Delta Sentinel to Achieve 2.5mb/d Oil Output
By Adedapo Adesanya
The Nigerian Navy has launched Operation Delta Sentinel, a new maritime security initiative designed to curb crude oil theft, secure critical oil assets and support the federal government’s ambition to ramp up crude production to 2.5 million barrels per day by 2027.
The operation, which replaces Operation Delta Sanity II, was formally unveiled at the Nigerian Navy Ship (NNS) Pathfinder Jetty in Port Harcourt, marking a renewed push to stabilise the Niger Delta and protect Nigeria’s oil-dependent economy.
Speaking at the launch, Commander Task Group 26.1, Operation Delta Sentinel, Rear Admiral Suleiman Ibrahim, said the initiative was aligned with the Federal Government’s drive to boost oil exploration and production under the Project 1 Million Barrels Per Day initiative of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
“The transformation from Operation Delta Sanity II to Operation Delta Sentinel is necessitated, among other considerations, by the Federal Government drive to increase oil exploration and production,” he said, adding that, “It is further anticipated that oil production would be about 2.5 million barrels per day by 2027.”
Rear Admiral Ibrahim, who is also the Flag Officer Commanding, Central Naval Command, said Operation Delta Sentinel would run for an initial one-year period, subject to 90-day renewable mandates, and would focus on denying criminal networks access to Nigeria’s maritime and oil infrastructure.
“Our objective is clear and unambiguous: to deny criminal elements freedom of action, protect critical national oil assets, support legitimate economic activities and contribute to enduring peace and stability in the Niger Delta,” he stated.
He explained that the operation would rely heavily on intelligence-driven missions, enhanced inter-agency collaboration and advanced surveillance tools, including Maritime Domain Awareness infrastructure, new maritime platforms, and manned and unmanned air assets.
“Our approach will be deliberate, innovative and technology-enabled. These capabilities will enable us to optimise asset utilisation, improve situational awareness and maintain a proactive operational posture,” he added.
The Navy said early indicators already show progress, noting that crude oil losses have dropped by about 90 per cent, from 102,900 barrels per day in 2021 to 9,600 barrels per day as of September 25.
Earlier, Flag Officer Commanding, Eastern Naval Command, Rear Admiral Chiedozie Okehie, highlighted the achievements of Operation Delta Sanity II, which was launched on December 30, 2024, to combat crude oil theft, illegal bunkering and pipeline vandalism.
“Operation Delta Sanity II lived up to expectations and made measurable contributions to national security and economic stability,” the Naval commander said.
According to him, between January 1 and December 31, 2025, the operation led to the arrest of 203 suspects, the deactivation of 324 illegal refining sites, and the seizure of stolen petroleum products valued at over N3.65 billion.
“An estimated 3.78 million litres of stolen crude oil, over 1.09 million litres of illegally refined AGO, 86,210 litres of PMS and 74,300 litres of kerosene were seized and appropriately handled,” he disclosed.
Rear Admiral Okehie added that the Navy’s operations, supported by collaboration with regulators, security agencies, oil industry stakeholders and host communities, contributed to a significant decline in crude oil losses, with NUPRC reporting the lowest loss levels since 2009 in September 2025.
With Operation Delta Sentinel now in force, the Navy said it is positioning itself as a key enabler of Nigeria’s oil production growth, investor confidence and long-term stability in the Niger Delta.
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