Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investment

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…

Hydrogen Hosts Catalyst Workshop, Lists Business Models for Fintech Startups

Advertisements Advertisements Advertisements …Plans Webinar to Foster Sustainable Growth in African Businesses As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company…

NPA awaits joint-ministerial approval for CitiBank’s $700m Ports repair loan

Advertisements Advertisements Advertisements Following the signing of the Mandate Letter to secure a $700m CitiBank loan to be funded by the UK Export Finance, UKEF between the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, and the bank on…

Hydrogen, CCHub Partner to Encourage Fintech Startup Success

Advertisements Advertisements Advertisements Leading Fintech startup, Hydrogen Payment Services Limited (Hydrogen), has teamed up with Co-creation Hub (CcHub) to host an insightful event themed, ‘Adapting Fintech Business Models to Economic Climes’. The event, set to take place today, Thursday, April…

Fidelity Bank Posts 131.5% jump in PBT of ‘23FY

Advertisements Advertisements Advertisements Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results issued to the Nigerian Exchange (NGX) recently, the bank…

Nigeria inflation jumps again to 33.20%

Advertisements Advertisements Advertisements The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to 33.20% y/y in March (February: +31.70% y/y). A deeper dive into the data shows that…

How Zenith Bank ended 2023 on Tripple-digit topline, bottom-line growth

Advertisements Advertisements Advertisements Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According…

Zenith Bank’s 2023FY results show strong performance

Advertisements Advertisements Advertisements Zenith Bank Plc (ZENITHBANK) released its 2023FY results this evening, which showed that the bank maintained its strong performance throughout the year to record a stellar financial performance. The bank recorded a 125.4% y/y growth in gross…

Energy

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….

Again, Chevron decries circulation of false recruitment information

Advertisements Advertisements Advertisements Leading oil and gas exploration giant, Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Company Limited (NNPCL) and CNL Joint Venture, is aware of the circulation of false recruitment information in some media and online…

ICT

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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…

ICT

NITDA, USAID to Partner in Tackling Food Insecurity

Advertisements Advertisements Advertisements With over 70 million arable land enough to feed not just Nigeria but Africa, the Director General, National Information Technology Development Agency (NITDA) has said that the Agency is willing to partner with the United States Agency…

Industry

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…

Dangote Cement export of clinker, cement jump by 87.2%

Advertisements Advertisements Advertisements The Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at…

HURIWA detests Reported Terror Attack, Defends Matawalle

Advertisements Advertisements Advertisements The Human Rights Writers Association of Nigeria (HURIWA) has vehemently condemned the widely reported despicable act of terrorism that recently struck Maradun town, the headquarters of Maradun L. G. A of Zamfara State, and the hometown of…

Defence Ministers Meet African Union Peace & Security Council

Advertisements Advertisements Advertisements … Discuss Cooperation on Counter-terrorism The Ministers  of Defence, Mohammed Badaru Abubakar and Dr. Bello Muhammed Matawalle, had audience with Ambassadors from the African Union  Peace and Security Council led by the Ambassador of Gambia to the…

Matawalle: Loyalty In Govt Appointment A Constitutional Imperative

Advertisements Advertisements Advertisements By Comrd. Emmanuel Onwubike Dwelling on the concept of loyalty, Mosher defines it as the faithfulness of a subordinate to his superior in the framework of an organization – his willingness to support and carry out the…

Q1: Dangote Cement Sales Soars as volume rises by 26.1% to 4.6MT

Advertisements Advertisements Advertisements Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume increased, by 26.1 percent to 4.6Mt in the first quarter of…

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

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…

EU Proposes ‘Getaway Corridor’ Project to Combat Illicit Trafficking

Advertisements Advertisements Advertisements In a bid to tackle the rampant issue of illicit trafficking and smuggling across borders, the European Union (EU) unveiled a groundbreaking initiative aimed at enhancing law enforcement and trade facilitation at the Nigeria Customs Service Headquarters…

How Wada handed over leadership of Customs FOU Zone B Kaduna to Shuaibu

Advertisements Advertisements Advertisements Comptroller Dalha Wada Chedi has handed over the mantle of leadership of the Federal Operations Unit Zone ‘B’ Kaduna to Comptroller Ahmadu Bello Shuaibu on 17 April 2024 at the Unit’s Headquarters in Kaduna in a colourful…

NPA awaits joint-ministerial approval for CitiBank’s $700m Ports repair loan

Advertisements Advertisements Advertisements Following the signing of the Mandate Letter to secure a $700m CitiBank loan to be funded by the UK Export Finance, UKEF between the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, and the bank on…

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

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…

Editorial: NAGAFF Petition and that Maiwada’s rebuttal without relevant facts

Advertisements Advertisements Advertisements Whereas it has been the strategy of several government agencies accused of corruption to hurriedly jump into the media with humongous claims of anti-corruption character, transparency, accountability, and adherence to the rule of law in all financial…

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…