Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria Plc, on Tuesday in Lagos, secured shareholders approval for its   proposed N40 billion Rights Issue. Speaking at the Extra-Ordinary General Meeting (EGM), Babatunde Savage, Chairman, Guinness Nigeria Plc, said: “Guinness Nigeria has been in this country for over...
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NSC donates Toyota Hilux van to Marine Police Command

NSC donates Toyota Hilux van to Marine Police Command

The Nigerian Shippers’ Council (NSC) has donated a Toyota Hilux patrol van to the Marine Police Command to aid their operations at the ports. The Executive Secretary and Chief Executive Officer of the Council, Mr. Hassan Bello, while handing the...
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FG releases N72b for Lagos/Ibadan rail project

FG releases N72b for Lagos/Ibadan rail project

As part of its commitment to the Lagos-Ibadan rail development project, the Federal Government has released N72 billion of its counterpart funding. Minister of Transportation, Rotimi Amaechi who disclosed the development on Monday explained that Chinese partne...
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WFTU President arrives in Nigeria, to interact with trade union leaders

WFTU President arrives in Nigeria, to interact with trade union leaders

The President of World Federation of Trade Unions (WFTU), Comrade Mzwandile Michael Makwayiba  arrived in Lagos, Nigeria  on Monday on a three day working visit. On Tuesday, 24th January, Makwayiba is scheduled to meet with Nigerian affiliates and other lead...
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NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

The Nigeria Liquefied Natural Gas (NLNG) at the weekend successfully discharged 13,000 tonnes of LPG to Lagos Jetty as part of measures to curtail reported scarcity across the country.   A statement issued by NLNG’s General Manager (External Relations), Kud...
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Dangote Truck Assembly Plant debuts in Lagos, targets neighbouring countries, 3,000 jobs, 10,000 units per year

Dangote Truck Assembly Plant debuts in Lagos, targets neighbouring countries, 3,000 jobs, 10,000 units per year

Foremost entrepreneur, Aliko Dangote, has taken advantage of the ongoing scarcity of Foreign Exchange (FOREX) in Nigeria to establish multi-million dollar truck assembly plant in Lagos State. The project is expected to generate 3,000 jobs. According to Dangote...
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NPA boss visits widow of  LASTMA officer, tasks Police on Killers

NPA boss visits widow of LASTMA officer, tasks Police on Killers

The Managing Director of the Nigerian Ports Authourity (NPA), Ms Hadiza Bala Usman has appealed to the Nigeria Police to intensify efforts to arrest killers of an official of the Lagos State Transport Management Authority (LASTMA), Mr. Surajudeen Bakare. The.....
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FG to overhaul Third Mainland Bridge, 49 others

FG to overhaul Third Mainland Bridge, 49 others

(NAN)  Nigeria is planning to overhaul about 50 bridges nationwide, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Mr. Fashola unveiled the plan when he was inspecting the rehabilitation of Lagos Ring Road Bridge Abutment and Approach....
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Lagos issues N47billion bond

Lagos issues N47billion bond

Lagos State has issued N47 billion Series 1 Bond maturing in December, 2023 under its N500 billion Third Debt Issuance Programme. Speaking during the signing ceremony held at the Lagos House, Ikeja,on Friday, the State Governor, Akinwunmi Ambode explained that...
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NSE Photo News

NSE Photo News

(L-R) shows Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, NSE; Professor Wole Soyinka and Ms. Tinuade Awe, General Counsel/ Head of Regulation, NSE at the Cl...
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‘No plastic rice in Nigeria’

‘No plastic rice in Nigeria’

The National Agency for Food and Drug Administration and Control (NAFDAC) has explained that laboratory result of the suspected fake rice showed that the product was not plastic but rice contaminated with micro organisms. The Acting Director General, NAFDAC, Y...
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Ambode tasks youth on N25b ETF

Ambode tasks youth on N25b ETF

Governor of Lagos State,  Mr. Akinwunmi Ambode has advised  the youths and entrepreneurs in the State to take full advantage of the N25billion Employment Trust Fund (ETF) initiative of his administration to grow their businesses. The Governor who spoke in...
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Lagos to host Cashless Africa Expo

Lagos to host Cashless Africa Expo

Digital disruption is shifting the balance stay of power in financial services and influencing the way, millions of people bank their money, make payments, remittances and more, in a continent where mobile phone penetration exceed bank accounts and bank cards....
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Anxiety as Customs intercepts 102 bags of plastic rice

Anxiety as Customs intercepts 102 bags of plastic rice

(NAN) The Nigeria Customs Service (FOU), Federal Operations Unit (FOU), Ikeja, has seized 102 bags of plastic rice branded “Beat Tomato Rice’’ with no date of manufacture. The Customs Area Controller of  F.O.U. Comptroller Mohammed Haruna,stated this in...
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