Lagos Archives — Page 16 of 29

November 13, 2017 No Responses

Lagos to shut headquarters of banks, others November 20

The Lagos State Government on Sunday said it would begin to shut the corporate headquarters of organisations that had defaulted in remitting statutory taxes to the government from November 20, 2017. The Commissioner for Finance, Mr Akinyemi Ashade, who made...

November 11, 2017 No Responses

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By citybusinessnews@yahoo.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system. Bala Usman made the remark a...

November 9, 2017 No Responses

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained N43 billion or 0.34 per cent to close at N12.853 trillion. Also, the...

November 6, 2017 No Responses

Lagos to unveil more waterways security

Lagos State Governor, Akinwunmi Ambode on Sunday inaugurated three executive boats procured strictly for official use by the state government. The governor said during the inauguration at the Caverton Jetty on Victoria Island that the government had made sev...

November 5, 2017 No Responses

NAJA names Ade-Ojo icon of auto industry

A foremost industrialist and automobile business legend, Chief Michael Ade-Ojo, is set to be honoured as an icon of the Nigeria’s auto industry by the Nigerian Auto Journalists Association. Ade-Ojo, who is the founder of Elizade Nigeria Limited and Chairman....

November 2, 2017 No Responses

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com – The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice. Briefing Journalists on ...

October 31, 2017 No Responses

Hyundai begins 30-day free service in Nigeria

By citybusinessnews@yahoo.com – Hyundai Motors Nigeria Limited (HMNL) on Monday announced a comprehensive 30-day discounted service campaign, beginning from 01 November 2017 for owners and fleet managers of Hyundai cars including Hyundai Comme...

October 28, 2017 No Responses

Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days

For the week ended October 27, 2017, trading in the shares of United Bank for Africa (UBA) Plc, Access Bank Plc and FBN Holdings Plc accounted for 515.058 million shares worth N4.458 billion in 3,088 deals. Trading in the shares on the...

October 28, 2017 No Responses

SIFAX Group Photo News

L-R: Mike Owope, Executive Director, Finance, SIFAX Group; Engr. Chidi Izuwah, Acting Director-General, Infrastructure Concession Regulatory Commission (ICRC); Dr. Taiwo Afolabi (MON), Group Executive Vice Chairman/CEO, SIFAX Group; Mrs. Folashade Afolabi, Wif...

October 25, 2017 No Responses

Investors stake N303m on UBA shares

By citybusinessnews@yahoo.com – The slidding mood on the floor of the Nigerian Stock Exchange (NSE) came under control on Tuesday as the All-Share Index gained 118.89 points or 0.33 per cent to close at 36,531.62, compared with 36,412.73 recorde...

October 23, 2017 No Responses

How to tackle Apapa gridlock through holding bays, by FRSC

The Lagos State Sector Command, Federal Road Safety Corps (FRSC) says a permanent solution to the Apapa gridlock is the establishment of holding bays to accommodate trucks and articulated vehicles before loading. The Sector Commander, Mr Hyginus Omeje, who sai...

October 21, 2017 No Responses

SIFAX Group Photo News

L-R: Dr. Fola Rogers-Saliu, Executive Director, Human Resources and Administration, SIFAX Group; Mr. Kehinde Sunmonu, Special Duty Manager, SIFAX Group; Dr. (Mrs.) Oby Ezekwesili, former Minister of Education and former Vice President of the World Bank (Africa...

October 20, 2017 No Responses

Fashola implore stakeholders on Apapa gridlock

The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday in Lagos called for the collaboration of all stakeholders to tackle traffick gridlock, port congestion and other problems in Apapa and its environs. Fashola made the call at...

October 19, 2017 No Responses

Total Nigeria, Flour Mills, others maintain slidding profile as NSE’s market capitalisation drops further by N10b

Total Nigeria Plc on Wednesday recorded the highest loss for the day dropping by N7.59 to close at N245.41 per share. At the end of the day’s transaction on the floor of Nigerian Stock Exchange (NSE), Flour Mills followed with...