The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.The CIBN announced this appointment on its website…
Lagos Insists On Propper Documentation For Housing Transactions
In a bid to eradicate fraud in the transfer of Homeownership and protect the interest of allottees in case of loss of Homeownership documents, the Permanent Secretary, Ministry of Housing, Engr. Abdulhafis Toriola has advised members of the public that…
Edo Extends Free Bus Service To November
The Edo State Governor, Mr. Godwin Obaseki, has approved the extension of the free bus scheme implemented by the state government for another five months. With the extension, the scheme will run until November 11, 2024. The free transport scheme…
Access Holdings Secures Approval For N351b Rights Issue
Access Holdings Plc has received approval from the Securities and Exchange Commission (SEC) for the commencement of its N351 billion Rights Issue. A statement issued on Sunday explained that the approval marks a significant milestone in the Group’s previously announced…
LASTMA Impounds 9,370 Vehicles, Records 256 Casualties In Six Months
Between January and June 2024, the Lagos State Traffic Management Authority (LASTMA) impounded 9,370 vehicles for alleged traffic violations. The General Manager of LASTMA, Mr. Olalekan Bakare-Oki revealed this at the weekend during a meeting with relevant stakeholders in the…
NDLEA Arrests Couple, Recovers N2.1b Drug In Lagos
The National Drug Law Enforcement Agency (NDLEA) has raided the Lagos base of a high-profile cocaine syndicate where large consignments of the class A drug meant for export and local distribution were recovered. According to the NDLEA, the syndicate is…
Lagos Clampdown On Illegal Motor Parks, Impounds 84 Vehicles
The Lagos State Taskforce has carried out an enforcement exercise at Adeniji-Adele and adjoining routes to rid the axis of traffic gridlock and criminal activities caused by illegal operators of bus parks and bus stops along the axis. The Chairman…
Edun: ECOWAS Single Currency Will Boost W’African Economy
Nigeria is committed to the implementation of a single currency for the Economic Community of West African States (ECOWAS), Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister said the single-currency ECO would foster…
Excitement As Chery Showroom Debuts At Ikeja City Mall
It was another day of celebration as Carloha Nigeria, the sole importer and franchise holder of Chery unveiled the Chery ultra-modern and smart showroom inside Ikeja City Mall in Lagos.At the colourful event were customers, partners and stakeholders in the…
FG To Investors: Unlock Potential In Nigeria’s Non-Oil Sector
Citing attractive investment returns in Nigeria, Vice President Kashim Shettima has called for a significant shift from dependence on oil to other critical sectors The Vice President identified agriculture, manufacturing, renewable energy and digital innovation, among other sectors as potential…
Suspected Armed Rubbers Shoot FRSC Personnel
Gunmen suspected to be armed robbers on Friday attacked personnel of the Federal Road Safety Corps (FRSC), simply identified as Abu, who was coming from a bank and heading towards his house at Zango in Lokoja, Kogi State. Abu was disposed…
Shippers’ Council Holds Maritime Seminar For Judges July 9-11
The Nigerian Shippers’ Council (NSC), Federal Ministry of Marine and Blue Economy in collaboration with the National Judicial Institute (NJI) is set to host the 17th edition of the International Maritime Seminar for Judges under the distinguished chairmanship of Senator…
Tolaram Appoints Adesuwa Ladoja As CEO Lagos Free Zone
The Board of Directors, Tolaram Group has appointed Adesuwa Ladoja as the Managing Director/Chief Executive Officer (CEO) of the Lagos Free Zone (LFZ) Company, one of its subsidiaries.Tolaram in a statement explained that the appointment is effective July 1, 2024.Ladoja…
FG Inaugurates Economic Team
President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants…