Lagos – Page 27 – City Business News

January 16, 2017 No Responses

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, the plant...

January 16, 2017 No Responses

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.....

January 4, 2017 No Responses

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....

December 31, 2016 No Responses

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...

December 31, 2016 No Responses

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...

December 30, 2016 No Responses

‘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...

December 26, 2016 No Responses

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...

December 22, 2016 No Responses

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....

December 21, 2016 No Responses

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...

December 21, 2016 No Responses

Promote efficient service delivery, NPA boss tells staff

The Manging Director of Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman has urged the staff of the agency to redirect themselves towards efficient service delivery to the nation. NPA, Ms Usman said, will always promote productivity and enthrone accountabi...

December 20, 2016 No Responses

LCCI financial services group gets new chairman

The Financial Services Group (FSG) of the Lagos Chamber of Commerce and Industry (LCCI) has elected Mrs. Mojisola Bakare, to steer the ship of the group and take charge of its affairs for the next two years. This followed the...

December 19, 2016 No Responses

PTML, Nigeria’s largest RORO terminal seeks support for ban on importation of vehicles through land border

The Managing Director of PTML Terminal, Mr. Ascanio Russo has thrown his weight behind the ban on importation of vehicles through the land borders imposed recently by the Federal Government. PTML is the leading dedicated Roll-On-Roll-Off (RORO) terminal in Nig...

December 17, 2016 No Responses

Auto Journalists honour Hyundai Elantra with two awards

The All-new Hyundai Elantra and Hyundai Elantra Sport have been awarded the best new small car title and the best new sports/performance car title by the Automobile Journalists Association of Canada (AJAC). First introduced in 1991, the Elantra compact s...

December 16, 2016 No Responses

NIMASA DG tasks NUJ on balanced reports

The Director General of Nigerian Maritime Adminstration and Safety Agency (NIMASA), Dr Dakuku Peterside has charged the Lagos Council of Nigeria Union of Journalists (NUJ) to ensure balance while reporting national affairs. According to Dakuku, the role of ...