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Madagascar's richest man reportedly plans radio and TV stations in Nigeria in a $450m deal

The Lagos skyline seen from the water
Stock image: kopee15 / Wikimedia Commons, Public domain

Madagascar's wealthiest businessman is said to be planning radio and television stations in Nigeria, backed by a reported $450 million investment. Regulatory approvals and timelines were not stated.

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The Lagos skyline seen from the water
Stock image: kopee15 / Wikimedia Commons, Public domain

Senate passes bill raising penalties for oil polluters

The Senate has passed a bill to strengthen the National Oil Spill Detection and Response Agency, with heavier fines and criminal penalties for polluters. It now moves to the next stage of the legislative process.