Lagos – Page 30 – City Business News

October 25, 2016 No Responses

NPA to restructure Ikorodu Lighter Terminal for Agric Export

The Nigerian Ports Authority (NPA) is to restructure Ikorodu Lighter Terminal as part of measures to ensure its effective utilization. Inspecting operations at the Terminal, NPA’s Board chairman, Emmanuel Adesoye, described the facility as a “Gold Mine”, adding that the...

October 13, 2016 No Responses

CBN faults report on Banks, caution against exceeding $50,000 annual limit on overseas withdrawal

No Nigerian Bank is in crisis, the Bankers Committee said on Wednesday after its 329thmeeting in Lagos. Briefing Journalists after the meeting, the Director, Banking Supervision of CBN, Tokunbo Martins described negative reports on the state of Nigerian Ba...

October 11, 2016 No Responses

Stallion Nissan Donates car to Lagos State Security Trust Fund

Nissan in collaboration with Stallion Group has donated a brand new Nissan Almera car to the Lagos State Security Trust Fund. According to the company, the donation is in praise of the organisation’s efforts in mitigating violent crimes in...

October 11, 2016 No Responses

LCCI Photo News

From left – Deputy President, Lagos Chamber of Commerce and Industry (LCCI), Chief Babatunde Paul Ruwase, FCA; Mrs Omowunmi Gbadamosi, Country Director in Nigeria, Center for International Private Enterprise (CIPE); Managing Director, CIPE, Mr Andrew...

October 7, 2016 No Responses

TinCan Island Port generates N25.6B in September

For the Month of September 2016, TinCan Islan Port command of Nigerian Customs Service (NCS) generated N25.6 Billion revenue. A press statement issued by the Public Relation Officer, UCHE EJESIEME, explained that Various strategic plans aimed at enhanc...

September 27, 2016 No Responses

Lagos Trade Fair targets 500,000 visitors

Not less than 500,000 visitors are expected at the 2016 Lagos Trade Fair organized by the Lagos Chamber of Commerce and Industry (LCCI). The Chairman, Trade Promotion Board, Mr Sola Oyetayo in a statement sent to www.citybusinessnews.com said the...

September 20, 2016 No Responses

‘Oil discovery in Lagos, good development for Dangote refinery’

The recent discovery of oil in Lagos in commercial quantity has been described as a good omen for the development of the oil and gas industry which Dangote refinery will benefit from. Speaking in his office in Lagos during a...

September 16, 2016 No Responses

Motorists, commuters groan on Lagos-Ibadan Expressway

Motorists and commuters playing the Lagos-Ibadan Expressway have continued to groan over the slow-pace of work on the stretch of the road with most of them spending several hours for a journey that was supposed to last for 15minutes, ...

September 15, 2016 No Responses

Lagos, NPA to tackle Apapa gridlock

The Nigerian Ports Authority (NPA) in collaboration with the Lagos State Government is to commence decongestion of traffic gridlock along Seaports’ access roads in Apapa in the next few weeks. Speaking with Journalists after a meeting with Lagos State...

September 9, 2016 No Responses

N500b bond: Lagos to access N60b in 2016

The Lagos State Bond will span over a period of three to five years, the State Governor, Akinwunmi Ambode has said. According to the Governor, for the current appropriation year, the state can only draw N60 billion from the...

September 9, 2016 No Responses

‘We will not abdicate our roles in maritime sector to anybody’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated that the Agency is capable of carrying out its regulatory functions and will not abdicate its mandate to anybody. Dr. Peterside made this...

September 5, 2016 No Responses

Tincan Island Port generates N26.2 Billion in August

For the Month of August 2016, the Nigeria Customs Service (NCS), Tincan Island Command generated N26.2 Billion revenue. According to the command, the figure represents a positive signal “going by the indices of the previous month”. It will...

September 3, 2016 No Responses

Apapa Customs generates N35Billion in August

For the month of August, 2016, the Apapa Command of Nigeria Customs Service (NCS) generated N34.9 Billion revenue, about N8 Billion higher than the N27 Billion realised in July. According to the command, the collection is the highest monthly...

September 1, 2016 No Responses

Airtel, Nestle CEOs list modalities for improved GDP

The critical role of private sector in the development of Nigeria’s economy took the centre stage on Wednesday at the second edition of Nigerian Stock Exchange (NSE) Chief Executive Officers (CEOs) roundtable discussions in Lagos. Some Chief Executive Off...