The Federal Government has initiated the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas (CNG) in Ibadan, Oyo State, and Zaria, Kaduna State. In Ibadan, around 100 commercial vehicles were converted to CNG at three locations: Mobil filling station on the Ibadan-Lagos expressway, Automation Auto Gas in Podo Industrial Village, and […]
By Nurudeen Adebayo The Lagos State Government has closed Donald’s, a restaurant owned by celebrity bartender Cubana Chief Priest, citing persistent noise pollution and environmental violations. The closure followed repeated warnings to the establishment, which reportedly failed to comply with state regulations. The Lagos State Environmental Protection Agency (LASEPA) led the enforcement operation. In a […]
The Lagos State Government has conceived a total package of comprehensive traffic management strategies to be implemented to guarantee uninterrupted traffic flow along the Lekki-Ajah corridor, given Dangote Refinery’s commencement of the distribution of refined petrol from Sunday, 15th September 2024. The Special Adviser to […]
The loading of the first batch of petrol commenced on Sunday at the Dangote Refinery, marking a significant milestone in Nigeria’s domestic fuel production. The announcement was made via the refinery’s official X account, @DangoteGroup, accompanied by video evidence. The company stated, “HAPPENING NOW: First set […]
Kehinde Adeleye The Lagos State Government has reappointed leading Payment Service Bank, Moneymaster for the second phase of the ‘Ounje Eko’ Food Discount Market, which commences across the state on September 1, 2024’. A food price discount initiative packaged by the Lagos State Government to bring succor to residents of the state, […]
Oyetola, Ambrose-Medebem others roll out initiatives to attract, retain investments Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday reiterated his administration’s commitment to continuously create an enabling environment for both local and foreign businesses to thrive in the State. He said the Lagos State Government will continue to implement policies and initiatives that […]
By Nurudeen Adebayo OPay, Nigeria’s leading mobile money platform, has unveiled a suite of robust security enhancements to ensure the safety of users’ funds. As a licensed Mobile Money Operator (MMO) by the Central Bank of Nigeria (CBN), OPay adheres to the highest regulatory standards. Additionally, user deposits are protected by the Nigeria Deposit […]
By Rasaq Adebayo Wema Bank has announced its full Year 2023 Audited financial statement, recording profit before tax growth of 196 per cent from N14.75bn to N43.59 billion. The bank also proposed a dividend per share of 50 kobo; up from 30 kobo in 2022 and deposit growth of 60 per cent to N1,860.57bn from […]
By Felix Kuyinu Chairman, Lagos State Chapter of Nigerian Association of Small Scale Industrialists, NASSI, Gertrude Akhimien, has decried the recent removal of electricity subsidy by the Federal Government of Nigeria, stating that the occurrence of poor power supply in the country has caused businesses being shut down. The NASSI Chairman reckoned that over 30 […]
By Mohammed Adekola Lagos State has formed an alliance with Africa Import & Export Solutions Limited and Export and Sell USA (AIES/E&S) to provide Micro, Small, and Medium-Sized Enterprises (MSMEs) with training on the procedures and opportunities associated with exporting to the United States of America. The recent training session, themed “Export to Wealth,” convened […]
