Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investment

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…

NGX Group GMD, Temi Popoola Elected Chairman of CSCS

Advertisements Advertisements Advertisements The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar N. Onyema, OON, who…

ASPMDA MfB awaiting final approval from CBN—President

Advertisements Advertisements Advertisements President of Auto Spare parts and Machinery Dealers Association (ASPMDA), Lagos International Trade Fair complex, Hon. Ngozi Emechebe has revealed that all is getting set for the effective take off of ASMPMDA Microfinance Bank (MfB). Speaking to…

NGX Group hits Strategic Investment in Ethiopian Securities Exchange

Advertisements Advertisements Advertisements Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that have injected capital…

Access Bank’s www.901.ng to drive seamless offline banking

Advertisements Advertisements Advertisements Africa’s leading financial giant, Access Bank Plc, has unveiled choice innovative offline banking platform; www.901.ng structured to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions. Industry observers say with this innovative…

Energy

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…

NCDMB Pockets $1m Return on Investment from NEDOGAS

Advertisements Advertisements Advertisements The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment (ROI) on one of the Board’s strategic investments….

Thermal power to dominate generation mix of Russia—Report

Advertisements Advertisements Advertisements Russia has been slow in the adoption of renewable sources for power generation due to the availability of cheap conventional energy sources. In 2023, annual generation through thermal power sources held a share of 59.5% in the…

NNPC Chief Explains Role of Gas in deepening growth, Industrial Dev.

Advertisements Advertisements Advertisements The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Mr. Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development in Nigeria. Kyari, who…

FG Jerks Up Electricity Tariff From N68/KwH To N225 for some users

Advertisements Advertisements Advertisements The Nigerian Electricity Regulatory Commission (NERC), has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This is a 300 percent hike and takes effect from April 1, 2024. However, it will be…

Respite underway as Dangote Refinery Begins Supplies to Nigerian Market

Advertisements Advertisements Advertisements The 650,000 mega Dangote Refinery started supplying petroleum products to the local market yesterday, a company executive and fuel marketing associations told Reuters. Seen as a major step in the country’s quest for energy independence, the refinery,…

Sargas hits another milestone, delivers 5 tons LPG Skid in Owerri

Advertisements Advertisements Advertisements Leading energy giant, majoring on skid gas deliveries, Sargas Energy has completed the delivery of a 5tons (5000kg) LPG skid unit to Dezurik Gas in Owerri, Imo State. *The N17.5m delivery came at the following seamless terms…

Community, People Empowerment Critical to Energy Sector Stability—Seplat

Advertisements Advertisements Advertisements Leading Nigerian independent energy company, Seplat Energy Plc, has averred that the execution of corporate social investment (CSI) programmes in oil and gas producing communities as well as empowerment of their people is capable of promoting stability…

ICT

ICT

NCC Boss, Other Scholars Review Ibietan’s Work on Cyberpolitics

Advertisements Advertisements Advertisements *NCC EVC, Aminu Maida Takes First Shot Cyberpolitics and the Re-engineering of Political Communication in Africa Without any doubt, the Internet and its associated technologies and tools, including software applications, have created some of the most radical…

ICT

NCC, Korean tech Sector captains eye establishing IAC

Advertisements Advertisements Advertisements The Nigerian Communications Commission (NCC) recently received a delegation from South Korea which is on a visit to explore collaborative efforts in implementing the Information Access Centre (IAC). The delegation led by prominent figures in South Korea’s…

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ICT

Konga unveils Infinix Brand Week with Attractive Deals

Advertisements Advertisements Advertisements Nigeria’s leading composite e-commerce group, Konga, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts…

ICT

Just in: Nigeria Startup Portal now open for labeling

Advertisements Advertisements Advertisements Launched by the Honourable Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, the Startup Support and Engagement Portal is part of the Nigeria Startup Act (NSA 2022), aimed at fostering the growth of startups and…

ICT

More facts emerge on why E-commerce is thriving in South Africa

Advertisements Advertisements Advertisements South Africa’s ecommerce sector is expected to exceed USD21 billion by 2025, with more than one billion transactions per year. This is largely due to the proliferation of smart devices and the expansion of internet connectivity which…

ICT

New CAMON Device to Redefine Mobile Content Creation

Advertisements Advertisements Advertisements TECNO is gearing up to launch the next CAMON series device, which promises to be the next evolution in mobile photography. The CAMON lineup has always been known for its innovation in capturing and sharing cherished moments….

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ICT

Rush for Starlink Satellite Internet kits continue as Konga slashes prices by 50%.

Advertisements Advertisements Advertisements Konga’s latest addition to its family of technology products, Starlink Satellite Internet Kits, has been met with overwhelming customer demand. The company is Starlink’s only authorised Shop-In-Shop eCommerce partner in Nigeria and provides immediate warranties on all…

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ICT

Glo urges Muslims to show love, steadfastness at Eid

Advertisements Advertisements Advertisements Nigeria’s digital solutions provider, Globacom, has lauded Muslims in Nigeria for keeping faith with the injunction on fasting in the month of Ramadan. “It is a month of sacrifice, abstinence, and, above all, love,” the company disclosed…

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ICT

Promo: Konga slashes Starlink Satellite Kits Price by 50%

Advertisements Advertisements Advertisements Nigeria’s leading composite eCommerce group and the only official Starlink Shop-in-shop eCommerce partner, Konga, is offering customers a 50% discount on satellite kits for a limited period subject to stock availability. Konga Group Chief Operating Officer, Dave…

ICT

NDLF: NITDA, GIZ/DTC Engage Stakeholders in Lagos

Advertisements Advertisements Advertisements Determined to bridge the digital divide and empower Nigerians with essential digital skills, the National Information Technology Development Agency (NITDA), in partnership with the GIZ/DTC, held a Stakeholder Awareness on the National Digital Literacy Framework (NDLF) in…

Industry

Defence Minister calls for synergy in conflict resolution operations

Advertisements Advertisements Advertisements The Minister of Defence, H E. Muhammed Badaru Abubakar, CON, MNI has advocated for synergy of Operations amongst all the security forces of the nation in combating modern conflicts saying that no modern conflict can be successfully…

Kebbi Hands-over 10 Hectares of Land to NASENI for AMEDI

Advertisements Advertisements Advertisements The Kebbi State Government has handed over ten hectares of land to the National Agency for Science and Engineering Infrastructure (NASENI) for the establishment of Agricultural Machinery Development Institute (AMEDI) today in Birni Kebbi. This was in…

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…

Relief for industries as Dangote crashes Diesel price to N1,000 per litre

Advertisements Advertisements Advertisements Dangote Petroleum Refinery has announced further reduction of the price of diesel to from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre…

NASENI, NIPSS in synergy to drive Digital Economy, Job Creation

Advertisements Advertisements Advertisements The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for…

NDYC Hails Minister Bello Matawalle as an Exemplary Leader

Advertisements Advertisements Advertisements The Niger Delta Youth Congress (NDYC) extends its heartfelt commendation to His Excellency Bello Matawalle, the Minister of State for Defense, for his outstanding performance and dedication to duty within the administration of President Bola Ahmed Tinubu….

Dangote has added immense value to Nigeria’s Economy ― Jideonwo, ECCIMA President

Advertisements Advertisements Advertisements … We’ll keep pushing new boundaries to satisfy our consumers ― Dangote The president of Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Sir Odeiga Jideonwo, has commended the Dangote Group, led by its President, Aliko…

Trade Fair ED, Ndanusa Felicitates with Muslims on Successful Eid

Advertisements Advertisements Advertisements The Executive Director and Chief Executive Officer, Lagos International Trade Fair Management Board, Barr Vera Ndanusa has felicitated with Muslims in Nigeria on the successful completion of Ramadan fasting. Eid-el-Fitr: Lagos Trade Fair CEO, Ndanusa, felicitates Muslims,…

ASPMDA Eye Clinic Opens for Public Service Delivery

Advertisements Advertisements Advertisements In line with his desire for good health for every member of ASPMDA and customers coming to the plaza for their genuine auto spare parts, the President, Hon. Ngozi Emechebe has announced the official opening of the…

Tinubu Visit: Qatar’s Baladna to establish powdered milk farm in Algeria

Advertisements Advertisements Advertisements Qatari food company Baldana is signing an agreement with the Algerian government to establish a farm to produce powdered milk in the North African country, a source familiar with the matter told Doha News. This is coming…

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

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…

IMO Chief Scribe, Dominguez Felicitates with NIMASA DG, Mobereola

Advertisements Advertisements Advertisements The Secretary General of the International Maritime Organisation (IMO) Arsenio Dominguez has congratulated the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola on his appointment by President Bola Ahmed Tinubu GCFR….

After London, We’re Heading to New York, Houston—Air Peace Boss

Advertisements Advertisements Advertisements The Chief Executive Officer (CEO) of Air Peace Airlines, Allen Onyema said the airline is ready to take Abuja-London flight and is planning to begin flights to New York and Houston by the end of 2024…” This…

Customs grosses revenue in Q1 to N1.34tn

Advertisements Advertisements Advertisements The Nigeria Customs Service (NCS) on Wednesday revealed that it generated a total of N1.34trillion in the first quarter of 2024. Comptroller General of Customs, Adewale Adeniyi, who disclosed this during a press briefing in Abuja averred…

Mrs. Olajide; The Star Woman Behind Air Peace Milestones

Advertisements Advertisements Advertisements This is Oluwatoyin Olajide; she is the second-most powerful person in Air Peace after Allen Onyema, who is the Chairman of Air Peace. She runs and is in charge of the daily day-to-day activities of Air Peace…

Onyema and Okonkwo: Two Brothers in friendly competition?

Advertisements Advertisements Advertisements Air Peace Chairman, Barr. Allen Onyema, was spotted at Murtala Mohammed International Airport, Lagos, proudly wearing the cap of United Nigeria Airlines, his supposed competitor in the aviation industry! A commendable display of maturity and goodwill. The…

The AirPeace and Isiagu Crew Uniform

Advertisements Advertisements Advertisements By Fred Chukwuelobe A needless controversy has been ignited by some tribal irredentist!sts over the beautiful Isiagu uniform adorned by the beautiful crew of our high flying airline – AirPeace – as they launched the maiden Lagos-London…

Submarine Shuttle Service Begins Between Oahu and Maui

Advertisements Advertisements Advertisements In an innovative step towards revolutionizing inter-island travel in Hawaii, SubSea Transit Inc. has launched an unprecedented submarine shuttle service between Oahu and Maui. This groundbreaking initiative offers travelers a unique and cost-effective alternative to traditional air…

Konga Travels Begins Canadian Visa Services for professionals, Students

Advertisements Advertisements Advertisements Leading provider of travel services in Nigeria, Konga Travels and Tours, has announced the launch of its Canadian visa assistance services through strategic partnership with a licensed Canadian immigration company.  Konga Travels is now equipped and in…

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…