The Lagos state ban targets plastic materials below 40 microns, because they pose major environmental threats, clog the drainage channels and pollute the ecosystem.
Economy
Most viewed
Popular
-
Trump says will 'take a look' at deporting Musk
-
FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
-
FG invites Nigerians to apply for N50k for their business, releases link
-
French league launches own channel to broadcast Ligue 1
-
UK releases new salary requirements for skilled worker visas
Economy Latest News
Galeries Lafayette owner Ginette Moulin dies aged 98
The majority owner of the emblematic Parisian department store Galeries Lafayette, Ginette Moulin, has died aged 98, the company told AFP Tuesday. She was "a committed benefactor and a patron of artists who believed in the power of culture and creativity," the Galeries Lafayette said about her Tuesday.
BP pledges strategic 'reset' as profit tumbles
Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy. Faced with lower oil and gas prices, Shell also reported a drop to its annual net profits for 2024 last month. ajb/bcp/lth
Gucci owner Kering's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
EU leaders vow 'firm' response to US tariffs
EU chief Ursula von der Leyen vowed on Tuesday to retaliate firmly against US President Donald Trump's decision to impose tariffs on steel and aluminium imports. "I deeply regret the US decision to impose tariffs on European steel and aluminium exports," European Commission president von der Leyen said in a statement.
New Zealand rethinks opposition to deep-sea mining
New Zealand is considering withdrawing its support for an international ban on deep-sea mining, the country's resources minister told AFP on Tuesday. "We're talking about this with our foreign affairs minister," he told AFP in an interview.
Speculators lose big as naira remains stable, CBN releases new FX rates
The naira's rally in the official and parallel markets has seen speculators losing over N10,000 as they rush to offload their foreign exchange holdings.
World leaders seek elusive AI common ground at Paris summit
World leaders were set to hold formal talks in Paris on Tuesday on artificial intelligence (AI), seeking elusive common ground on a technology subject to a global race for promised economic benefits.
Asian markets swing as tariff uncertainty looms large
Asian markets were mixed Tuesday following the previous day's global rally as traders keep a nervous eye on Donald Trump's next moves after he signed off on 25 percent tariffs for steel and alumium imports, having warned of more measures to come.
“Streamline Export processes”: Exporters lament how bottlenecks led to loss of $10 million in 5 days
Barely a week after the integration of the CBN Export Proceeds System, Exporters cry out that the system has failed to live up to expectations, leading to losses
Economy
Load more