Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investment

Zenith Bank Delivers Strong Q1 2024 Performance

Advertisements Advertisements Advertisements Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in…

AfDB, Invest in Africa launch MicroGREEN Project for jobs

Advertisements Advertisements Advertisements The African Development Bank (AfDB.org) and Invest in Africa have jointly launched the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal. Titled “Strengthening Women, Youth and People with Disabilities’ Micro…

Zenith Bank’s subsidiary in synergy with AfCFTA to drive SmartAfCFTA

Advertisements Advertisements Advertisements A wholly owned subsidiary of Zenith Bank Plc, Zenpay Limited, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the…

Fidelity Bank Plc Posts 120.1% jump in PBT

Advertisements Advertisements Advertisements Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released…

Nigeria seals deal to set up Export Development in Africa (FEDA)

Advertisements Advertisements Advertisements The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank). Nigeria joins the ranks of countries…

ACCESSCORP result reveals stellar diluted EPS growth

Advertisements Advertisements Advertisements Access Holdings Plc (ACCESSCORP) released its Q1-24 unaudited financials after trading hours on Tuesday (30 April), revealing a stellar diluted EPS growth (+118.6% y/y to NGN4.35 I Q1-23: NGN1.99). The rise in the Holdco’s earnings was supported…

NGX Group Optimizes Operations, Releases Stellar Q1 ’24 numbers

Advertisements Advertisements Advertisements The Nigerian Exchange Group Plc (NGX Group) has unveiled stellar Q1 2024 results, signaling a promising trajectory for the company. The Group reported an impressive N2 billion in Profit before Tax, bolstered by robust growth in operating…

NGX Holds 63rd AGM as Shareholders approve key resolutions

Advertisements Advertisements Advertisements Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, convened its 63rd annual general meeting at the Nigerian Exchange Group House on Monday, April 29, 2024. During the gathering, the Group concluded…

How Stakeholders Nodded to Zenith Bank’s Holdco Structure

Advertisements Advertisements Advertisements Shareholders of Zenith Bank Plc have unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday,…

Tinubu appoints veteran Banker, Ovia Chairman of NELFund

Advertisements Advertisements Advertisements President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFund). This was announced in a…

Energy

Seplat Energy Wins Daily Independent’s Indigenous Oil & Gas Company of the Year

Advertisements Advertisements Advertisements … Also Emerges as The Industry’s Sustainable Energy Company for 2023 Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has clinched the Daily Independent Newspaper’s Indigenous…

Tree4Life Project: NEPL/Seplat JV, Edo Seal Reforestation Agreement

Advertisements Advertisements Advertisements The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a…

NCDMB Pockets N450m Interim Dividend from Waltersmith Refinery

Advertisements Advertisements Advertisements The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that it had received an interim dividend payment of N450 million out the N1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment represents NCDMB’s…

FG’s Executive Orders Driving Much Needed Gains in Oil Sector—Seplat Energy

Advertisements Advertisements Advertisements Indigenous leading independent energy company, Seplat Energy PLC, listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the three months ended 31 March 2024, declaring US 3 Cents dividend…

Chevron staff explains role of Public Relations in Crisis Management at UNN

Advertisements Advertisements Advertisements Result-oriented Public Relations strategies have been identified as essential for maintaining stakeholder trust, managing crises, and ensuring long-term success of corporate organizations. Mr. Victor Anyaegbudike, Manager Communications, Chevron Nigeria and Mid-Africa Business Unit gave this indication while…

Just in: Dangote crashes diesel, Aviation fuel prices further to N940, N980

Advertisements Advertisements Advertisements Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to…

Seplat Energy wins Energy Times’ Corporate Governance Company of the Year

Advertisements Advertisements Advertisements Energy Times Newspaper has named leading indigenous oil and gas giant, Seplat Energy as the Corporate Governance Company for 2023 business year. Seplat Energy, which is Nigeria’s leading indigenous energy player, was recognised for its effective corporate…

NNPC Chief, Mele Kyari Bags Energy Times’ GCEO of the Year Award

Advertisements Advertisements Advertisements The Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award in recognition of his commitment to accountability, transparency, and performance excellence. Chief Corporate Communications Officer…

NCDMB Lauds SNEPCO, Bayelsa Govt, over Digital Library at NDU

Advertisements Advertisements Advertisements The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended Shell Nigeria Exploration and Production Company (SNEPCo) and the Bayelsa State Government for the completion and inauguration of a Learning Centre…

Just in: NNPC Ltd, First E&P Hit 20,000bpd Production at OML 85

Advertisements Advertisements Advertisements The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field….

ICT

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ICT

Konga begins free same day deliveries on Starlink, Apple, Samsung nationwide

Advertisements Advertisements Advertisements Nigeria’s only authorised shop-in-shop for Starlink Internet kits, Konga, is offering its customers free same day delivery across all major cities in the country. With prices of Starlink Internet kits slashed by 50%, Konga is delivering additional…

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ICT

May Day: Glo salutes resilience of Nigerian workers

Advertisements Advertisements Advertisements On the occasion of 2024 May Day celebration, digital telecommunications solutions provider, Globacom, has saluted the resilient spirit of Nigerian workers, urging them to rededicate themselves to excellence so as to take Nigeria to the next level….

ICT

MTN Nigeria Plc reports loss per share of NGN18.63 in Q1

Advertisements Advertisements Advertisements MTN Nigeria Communications Plc (MTNN) released its Q1-24 unaudited results Monday, reporting a loss per share of NGN18.63 (vs EPS of NGN5.13 in Q1-23). The dip in earnings was underpinned by the marked expansion in net FX…

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ICT

Konga Tech Month Goes Live today, May 1

Advertisements Advertisements Advertisements Konga, the only authorized distributor and official store for Apple, HP, Samsung, Starlink and many other tech products announces the highly anticipated Konga Tech Month starting from Wednesday, May 1, until Friday, May 31, 2024. This good…

ICT

Reduce costs of production via infrastructure sharing, NCC tells MNOs

Advertisements Advertisements Advertisements The management of the Nigerian Communications Commission (NCC) has once again, called on Main Network Operators MNOs, who are leading members of ALTON and ATON to reduce their rising operational costs by sharing infrastructures. NNC made the…

ICT

Google Developer Groups Lagos Partners SeerBit, GoMyCode on Hackathon

Advertisements Advertisements Advertisements The Google Developer Groups Lagos (GDGLagos) has announced a regional edition of the global #BuildWithAI hackathon, in partnership with SeerBit, Africa’s most trusted payment solutions provider and GOMYCODE. This hackathon, taking place on Saturday, April 27th and…

ICT

Aminu Maida has kept his promises—Minister

Advertisements Advertisements Advertisements Federal Government through the Ministry of Communications, Innovation, and Digital Economy has lauded the management of the Nigerian Communications Commission NCC led by the Executive Vice Chairman/CEO, Dr. Aminu Maida for focusing on ensuring quality of telecom…

ICT

Chioma Ekeh: Africa’s lead female tech icon @ 60

Advertisements Advertisements Advertisements The story has often been told in tech circles of how a relatively unknown Nigerian female student became a sensation of sorts among the international student population back in the early 80s in India owing to the…

ICT

ALTON, ATCON Seek FG’s Solution to Telecoms Industry Challenges

Advertisements Advertisements Advertisements The Association of Licensed Telecom Operators of Nigeria (ALTON) and The Association of Telecommunication Companies of Nigeria (ATCON), representing Mobile Network Operators and telecommunication companies in Nigeria, are calling upon the government to take decisive action in…

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ICT

Glo-sponsored African Voices Changemakers features star singer, Simi

Advertisements Advertisements Advertisements Delectable songstress, composer and actor, Simisola Bolatito Kosoko popularly known by her stage name, Simi, will this weekend feature on African Voices Changemakers, CNN magazine programme sponsored by telecommunications company, Globacom. Simi will treat viewers to the…

Industry

Dangote Cement committed to Capacity Building for Host Communities

Advertisements Advertisements Advertisements The management of Dangote Cement Plc., Ibese Plant has assured that it would continue to complement the efforts of the Ogun State Government in the development of its host communities through capacity building for the people, especially…

Aliko Dangote Foundation charges leaders on malnutrition, hunger in Nigeria

Advertisements Advertisements Advertisements The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event organized by the National Council on Nutrition…

Uzodinmma to build 200 room bed Five Star Marriot Hotel in Owerri

Advertisements Advertisements Advertisements Governor Hope Uzodimma has sealed a deal with development partners on the building of 200 room Five Star hotel to be called Imo Marriot in Owerri. The hotel which will be ready in 24 months is a…

FG, Uni-Abuja to grow Research, in Dev. Hardwares via DICON

Advertisements Advertisements Advertisements The Minister of Defence, Mohammed Badaru Abubakar, has charged the University of Abuja to partner with the Ministry of Defence through the Defence Industries Corporation of Nigeria (DICON) in the local production of defence equipment. The Minister…

Allegation that Arthur Eze habours Fulani Herdsmen in Enugu-Agidi laughable—Otunabo

Advertisements Advertisements Advertisements Frontline investor and stakeholder in Nigeria’s largest International Centre for Commerce (ICC), the Balogun Business Association (BBA) in Lagos Trade Fair complex, Obguefi Emma Otunabo has included his voice to the rising clean bill of health being…

Minister Plans Intelligence Sharing with US to fight insecurity

Advertisements Advertisements Advertisements The Minister of State for Defence, Dr. Bello Muhammed Matawalle, has harped on more intelligence sharing between Nigeria and the United States of America in order to fight banditry and terrorism in Nigeria. The Minister opined this…

Dangote Targets 700,000MT of Refined Sugar in Four years to drive backward integration

Advertisements Advertisements Advertisements Leading indigenous manufacturing giant, Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of…

Lafarge Africa Plc reports 65.2% y/y decline in EPS to NGN0.32 in Q1

Advertisements Advertisements Advertisements Lafarge Africa Plc (LAFARGE) released its Q1-24 unaudited financials yesterday (29 April), reporting a marked 65.2% y/y decline in EPS to NGN0.32 (Q1-23: NGN0.93). The notable drop in earnings was driven mostly by the net FX losses…

BUA Cement Plc reports EPS decline of 33.0% y/y to NGN0.53in Q1

Advertisements Advertisements Advertisements BUA Cement Plc (BUACEMENT) released its Q1-24 unaudited financials yesterday (29 April), reporting an EPS decline of 33.0% y/y to NGN0.53 in Q1-24 (Q1-23: NGN0.79). Despite the stellar revenue growth (+51.5% y/y), the combined impact of higher…

Our Truck not involved in the Okene accident, says Dangote Cement

Advertisements Advertisements Advertisements Contrary of earlier speculations, Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness…

SME’s

Heritage Bank, FAMO assist 300 private school teachers, SMEs

Advertisements Advertisements Advertisements As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and…

Create favourable tax policies for SMEs—Elumelu tells FG

Advertisements Advertisements Advertisements Leading Africapitalism crusader and chairman of United Bank for Africa (UBA), Tony Elumelu has called on the Federal and State government to create favourable tax policies and regime for Small and Medium Enterprises (SMEs) so that startups…

Just in: TEF gives outgoing CEO, Ms Parminder Vir Nigerian name, ‘Amaka’

Advertisements Advertisements Advertisements The outgoing Chief Executive Officer of Tony Elumelu Foundation (TEF), Ms Parminder Vir (OBE), today was officially given a Nigerian name of Igbo background, ‘Amaka’ (which means ‘is good’) shortly after her opening goodwill message at the…

Kenyan President, Kenyatta hails Elumelu’s TEF for committing $100m on youths’ dev

Advertisements Advertisements Advertisements Just as his entrepreneurial mentorship tour of East African region rounds up in Kenya, the Kenya’s President, Uhuru Kenyatta, has commended Nigeria’s entrepreneur and philanthropist, Tony Elumelu, for committing $100 million using his Tony Elumelu Foundation (TEF)…

Chevron recognized for sustained support for small businesses in Nigeria

Advertisements Advertisements Advertisements Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, was recently at the4th edition of the Sub-Sahara Africa Upstream Oil and Gas summit and exhibition held in Abuja from Tuesday April 11 to Friday April 13,…

TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme

Advertisements Advertisements Advertisements The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th ‎cycle selection was made out of…

TEF, Red Cross seal fresh deal to change the fortune of 200 entrepreneurs

Advertisements Advertisements Advertisements In line with its key policy of driving Africapitalism, the Tony Elumelu Foundation (TEF) and the International Committee of the Red Cross have signed a Memorandum of Understanding to empower 200 entrepreneurs from Nigeria’s North-East and Niger…

Compliments of the season from Business Hilights Publications Group

Advertisements Advertisements Advertisements We wish everbody a happy Chirstmas and prsoperous new year. Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a…

FG warns N-Power applicants not to give bribe as physical checks begins

Advertisements Advertisements Advertisements Just as the federal government yesterday kicked off physical verification exercise at all the 774 Local Government Areas, the federal government has warned against either giving or taking bribe to disrupt due process. The Physical Verification stage…

Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu

Advertisements Advertisements Advertisements Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The…

Transport

Olomu Takes Over Leadership At Apapa Customs Command

Advertisements Advertisements Advertisements The new CAC of Apapa Command of the Nigeria Customs Service, Dr. Babatunde Olomu  has officially taken over from the outgoing officer, Comptroller Babajide Jaiyeoba. Whereas the outgoing Controller who gave details of his almost eight months…

PH to Aba by Rail begins with excitement at low cost

Advertisements Advertisements Advertisements Following The Inaugural Train Ride Between Port Harcourt, Rivers State and Aba, Abia State. This means that the Eastern Narrow Gauge Railway is set for use as a means of transportation. Train Fares Range From #800 second…

Nigerian Customs, NESP in synergy to facilitate International trade

Advertisements Advertisements Advertisements Nigeria Customs Service (NCS) has, in conjunction with the Nigerian Energy Support Programme (NESP), launched an auspicious scheme aimed at enhancing trade facilitation and creating a more transparent business environment for the Service’s stakeholders in trade space,…

Can Nigeria Really Gain from that AP Moller’s $600m Investment?

Advertisements Advertisements Advertisements Whereas the global leader in containerized seaport business, AP Moller-Maersk plans to invest $600 million in its port in Nigeria, everybody, even the Federal Government are expressing happiness. But have we sat down to analyse what the…

Customs Visits Family of Stampede Victims with Support items

Advertisements Advertisements Advertisements The Nigeria Customs Service (NCS) has reached out to the family of Susan Odulaja, one of the victims of the tragic stampede that occurred during the sale of 25kg bags of rice in Lagos on February 23,…

Inter-Agency Collaboration Yields Fruitful Results in Anti-Smuggling Efforts

Advertisements Advertisements Advertisements The Nigeria Customs Service, Kano/Jigawa Area Command, in collaboration with other security agencies, has made a significant seizure at the Mallam Aminu Kano International Airport. At approximately 01:00hrs today, a passenger arriving from Cairo via Ethiopian Airlines…

ASPMDA, FRSC in Synergy to keep Nigeria moving

Advertisements Advertisements Advertisements A new partnership is emerging between the largest auto spare parts complex in Africa, ASPMDA and the Federal Roads Safety Commission (FRSC). This stemmed from the courtesy visit of the Lagos State Sector Commander, Mr. Babatunde Fafinloye…

Shippers’ Council to publish list of registered Port Operators

Advertisements Advertisements Advertisements The management of Nigerian Shippers’ Council (NSC) has made it clear that the ongoing portal registration of all classes or Port operators has come to stay. The Council also said “We have the power also to stop…

Shippers’ Council to sanction non-registered Port operators henceforth—ES

Advertisements Advertisements Advertisements The Nigerian Shippers’ Council NSC, the Seaport Economic Regulator has given indications that it would begin to sanction operators and service providers, who fail to comply with extant regulations. One of the most important regulations is registering…

How Comp. Imam handed over to Babandede at Area 2 Command, Onne

Advertisements Advertisements Advertisements It was a grand occasion in Area 2 Command of the Nigeria Customs Service today Friday 19 April 2024, as the Command held a sensational Handing and Taking over Parade in honour of the Out-going Customs Area…

Photo News

Joy as two sons of Rtd Master Warrant Officer Okoro become Generals

Advertisements Advertisements Advertisements In an extreme rarity, a Nigerian octogenarian father, is alive to see two of his sons rising to become Generals, and Brigade Commanders, in the same Army he retired from, as a Master Warrant Officer. The two…

Trade Fair Stakeholder’s Boss, Ilechukwu, others join MFM Praise Event

Advertisements Advertisements Advertisements The Mountain of Fire Ministries (MFM) FESTAC Regional Headquarters (FESTAC Mega Axis) and host, Open Air Prophetic Praise 2023, tagged ‘Sacrifice of Praise’ held at the Lagos Trade Fair Mini complex Stadium, Badagry Expressway on Friday, November…

Minister receives Defence Attaché of the Embassy of Ukraine

Advertisements Advertisements Advertisements The Honourable Minister of Defence, Mohammed Badaru Abubakar CON mni, received in audience, the Defence Attaché of the Embassy of Ukraine in Nigeria, Andrii Vasyliev, at Ship House, Abuja.

Pete Edochie, Wife, Barr. Josephine celebrate 54th wedding party

Advertisements Advertisements Advertisements Old war horse in entertainment and veteran Nigerian actor, Pete Edochie, and his wife, Josphine, celebrate 54th wedding anniversary. The couple was married on October 2, 1969. Happy anniversary from all of at Business Hilights.

The real Jay-Jay before Austin; Emma Okocha (Emma Jay-Jay)

Advertisements Advertisements Advertisements All Nigerian football family histories are strategically unique from family to family in all ramifications. In present day Ogwashiukwu Delta State, Emma Okocha is a Nigerian former footballer who played as a midfielder for Enugu Rangers, VfB…

Mrs Azuwike goes home Friday, Sept. 22 in Aboh Mbaise

Advertisements Advertisements Advertisements The family of Late Mr Dominic Umunnawike Azuwike of Umugaa Amaoluru Nguru, Aboh Mbaise LGA, Imo State announces the transition to eternal glory of her beloved mother, grandmother, sister in-law and mother in-law, LATE MRS ANNA ADA…

Just in: All 6 Ivory Coast stadia very ready for AFCON 2023

Advertisements Advertisements Advertisements As all qualified African nations emerged weekend, so also, all 6 stadiums for the upcoming AFCON 2023 to be played in 2024 are completely roofed. This is so unlike many African stadiums where you’ll find just the…

CRFFN pays NPA working visit in Lagos

Advertisements Advertisements Advertisements Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko (5th left), the Acting Registrar/CEO of Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Uromta Chinyere (6th left), Executive Director, Finance & Admin. Adenrele S….

Just in: VP, Ganduje reconcile Okorocha, Uzodinma in Abuja

Advertisements Advertisements Advertisements After all the political showdown between current Imo State Governor, Senator Hope Uzodinma and former Governor, Owelle Rochas Okorocha, truce seems underway as photo of the two appear with Vice President Kashim Shettima and APC national chairman,…

Meet victorious Head coach of DTigress, Rena Wakama!

Advertisements Advertisements Advertisements Meet the 31-year-old Head coach of DTigress, Rena Wakama! Rena was born in North Carolina to parents who are from Rivers state, Nigeria. She led the Nigerian team to win the women’s Afrobasket championship by defeating Senegal…

Pub Admin

Allegation that Arthur Eze habours Fulani Herdsmen in Enugu-Agidi laughable—Otunabo

Advertisements Advertisements Advertisements Frontline investor and stakeholder in Nigeria’s largest International Centre for Commerce (ICC), the Balogun Business Association (BBA) in Lagos Trade Fair complex, Obguefi Emma Otunabo has included his voice to the rising clean bill of health being…

Kingsley Adonu, S Mobile Boss now UNN SUG Patron

Advertisements Advertisements Advertisements The Founder and Chief Executive Officer of S Mobile Group, Mr. Kingsley Adonu has been appointed as patron by the executive council, Students Union Government (SUG), University of Nigeria Nsukka (UNN). In a letter dated March 29,…

Uzodimma, partners seals deal on Growth of Imo Oil & Gas Free Zone

Advertisements Advertisements Advertisements Governor Hope Uzodimma has sealed development deals with four development partners on how to boost the economic profile of Imo State, open the South East to the outside world and create employment for the teeming youths. Recall…

International Raelian Movement Seeks UN Action on World Happiness Day

Advertisements Advertisements Advertisements Today, March 20, is marked globally as World Happiness Day. Accordingly, the International Raelian Movement (IRM) urges the United Nations to take decisive measures address rising suicide rates and global conflicts, alleviate psychological distress, and foster worldwide…

Where’s Dr Dayo Mobereola, new DG of NIMASA 7 days on?

Advertisements Advertisements Advertisements By Citizen Innocent Orok Today 19th March, 2024 makes a week (7 days), since President Bola Ahmed Tinubu, through  Chief Ajuri Ngelale, his Special Adviser on Media and Publicity announced the appointment of Dr Dayo Mobereola as…

Okuama Attack on military unacceptable—Defence Ministers

Advertisements Advertisements Advertisements The Minister of Defence, Muhammed Badaru Abubabar and the Minister of state for Defence Dr Muhammed Bello Matawalle, has condemned in its totality the heinous attack on the Military personnel during a rescue mission of the 181…

Niger Junta Mute As Tinubu Reopens Niger Land, Air Borders, Lifts Sanctions

Advertisements Advertisements Advertisements President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country with immediate effect. However, the Junta-led Military government is yet…

Ajaero returns Tinubu’s Jab, says “Were not after your job”

Advertisements Advertisements Advertisements In an official response to the recent statements attributed to President Bola Ahmed Tinubu during the commissioning of the Lagos Red-Line Railway Project on the Nigeria Labour Congress (NLC), the President of NLC, Comrade Joe Ajaer has…

Hardship: LASG cuts off 25% fares, directs workers to come trice weekly

Advertisements Advertisements Advertisements Mr. Babajide Sanwo-Olu of Lagos State has proposed a 25% discount on rates for government-owned transportation programmes. The governor also announced that civil servants from levels 1-14 will begin working three days a week as part of…

FG voids self on not setting up Price Control Board as it pegs cement price

Advertisements Advertisements Advertisements Less than one week after the President Bola Tinubu announced that his government will not support setting up of Price Control Board for commodities, the same administration and major cement manufacturers have pegged the price of 50kg…

Markets

Lagos Trade Fair Standstill for Offorkansi Birthday

Advertisements Advertisements Advertisements It was excitement galore as the largest auto market in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA) celebrated the birthday of one of its giants and pillars, High Chief Dr. DC Offorkansi, former president…

Sanctions await importers of fake products in Trade Fair complex—ED/CEO

Advertisements Advertisements Advertisements The Executive Director and Chief Executive Officer of Lagos International Trade Fair Complex Management, Barr. Vera Ndanusa has made it clear that going forward, any dealer or importer of substandard product into the complex by any means…

(Special Report): Reviewing Emechebe’s 1st Year In Office As ASPMDA President

Advertisements Advertisements Advertisements Following a successful general election conducted under the presidency of Sir Sunny Igboanuzue in the Auto Spare Parts & Machinery Dealers Association (ASPMDA), Lagos International Trade Fair complex in December 2022, the government of Hon. Ngozi Emechebe…

Chief Dr. Okeke, Mandilas President now Fellow of ICSP Nigeria

Advertisements Advertisements Advertisements President of the Mandilas International Trade Centre (MITC), Lagos International Trade Fair complex, Chief Dr. Anthony Amaechi Okeke (Ezekweche Aguleri), has been inducted into the prestigious Fellowship of the Institute of Certified Sales Professionals (ICSP) in Nigeria….

Ndanusa continues to repair Ring-road at Lagos Int’l Trade Fair complex

Advertisements Advertisements Advertisements The current Executive Director of Lagos International Trade Fair Complex, Barr. Vera Ndanusa has stepped up palliative repairs on the major road in the complex to grow ease of doing business. Driving through the ring-road on Monday,…

IGP restores Emechebe Administration in ASPMDA after 45 days lock-out

Advertisements Advertisements Advertisements After 45 days of lock-out of office, it was jubilation on Friday, March 1, 2024 at the largest auto market in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA), Lagos International Trade Fair complex as…

Excitements as TECNO’s AFCON Viewing Party Fetes Fan Engagement

Advertisements Advertisements Advertisements More facts, sights and sounds of the just concluded AFCON have continued to roll in from the TECNO world after all. This time, in a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash…

Fidelity Bank Floats TSF in Lagos Trade Fair complex to grow businesses

Advertisements Advertisements Advertisements Nigeria’s leading retail banking giant, Fidelity Bank Plc., has announced the introduction of a special business promotion scheme, Trader Support Facility (TSF), tailored for business owners in Lagos International Trade Fair complex and member of Association of…

APT President, Ilechukwu rolls out 2024 targets of his administration

Advertisements Advertisements Advertisements The President of the Association of Progressive Traders (APT), Lagos International Trade Fair Complex, Chief Eric Ifeanyichukwu Ilechukwu on Thursday, February 15, 2024, gave a rundown of the plans of his government for the year 2024. Addressing…

APT in Lagos Trade Fair Marks 17th Anniversary in Praises, Thanksgiving

Advertisements Advertisements Advertisements The Association of Progressive Traders (APT), one of the leading business groups in the Lagos International Trade Fair Complex on Thursday, February 15, 2024, mark her 17th year of migrating from Idumota in Lagos Island to the…