Business Hilights

Tracking Nigeria's Headline Business News Online

Chief Daniel Offorkansi

Fidelity Bank chief visits Trade fair complex, consoles traders over Abule Ado blast effects

…As Union Bank, First Bank, others shut down operations Union Bank branch at Balogun Business Association (BBA) and First Bank branch inside Association Progressive Traders (APT) were amongst worst hit structures at the massive Lagos International trade fair complex, Badagry…

BBA 2020 Presidential hopeful, Ezeako congratulates Award winners

Current Treasurer of Balogun Business Association (BBA) and the association’s 2020 Presidential candidate, Ozo Chief John Ezeako, has congratulated all award winners at the recent Crown Award ceremony held at Golden Tulip Hotels, FESTAC, Lagos. In an interview in his…

Lagos Trade Fair businesses lose N1bn daily to Badagry Expressway—Offorkansi

Worsening state of Lagos-Badagry Expressway has started affecting business activities at the Lagos International trade Fair complex along the international highway. Recall that the complex houses over 12 trading groups, making it the largest commercial centre across the continent. Some…

NASS tours Lagos Trade Fair Complex, shocked on quantum of investments

House of Representatives Joint Committee on Public Petition and Commerce Thursday toured the Lagos International trade Fair Complex along Lagos-Badagry Expressway and openly expressed shocks on the quantum private sector investment contrary to trending claims that the complex is underdeveloped….

Lagos Trade Fair investors reject re-concession plot, seek takeover of remaining 25%

Following recent move by the Bureau of Public Enterprises (BPE), through the National Council on Privatisation (NCP) to re-concession the Lagos International Trade fair complex on Badagry Expressway, consortium of traders currently occupying the complex on different long lease agreements…

ASPMDA sends SOS to FG, Ambode on tankers’ traffic hell along Badagry highway

President of Auto Spare and Machinery Dealers’ Association (ASPMDA), Chief Daniel Offorkansi on Wednesday, lamented the huge loss incurred by his members to the hellish traffic gridlocks experienced daily along Lagos-Badagry Expressway. Addressing journalists in his office after conduction newsmen…

ASPMDA new Constitution’ll drive investments in local manufacturing—Offorkansi

President of Auto Spare parts & Machinery Dealers’ Association (ASPMDA), Chief Daniel Offorkansi, has revealed that newly registered 2016 Constitution (As amended) will open up the plaza for more foreign and indigenous investments especially in local manufacturing of spare parts….

Excitements in ASPMDA as CAC registers new Constitution 32 years after

Jubilation rented the air at the Auto Spare Parts & Machinery Dealers’ Association (ASPMDA) General Meeting on Wednesday as the President; Chief Daniel Offorkansi broke the cheerful news of the successful registration of ASPMDA 2016 Constitution to become the operating…

Lagos importers’ case for demurrage waiver over Wharf road closure, valid—BH Analysis

Background: Relying on the report commissioned by Akintola Williams Deloitte on impacts of bad port access roads and mainly Wharf road since they became impassible over the years, importers and Nigerian shippers sent as much as N668.5 million daily on…