115 abandoned skyscrapers, others in VI, Ikoyi may be auctioned—LASG
Lagos State government has compiled a list of more than 115 abandoned properties in Ikoyi and Victoria Island. This is to find out from the owners plans they have for them or government may either demolish them for safety reasons…
28 Ships to berth with petroleum products, food items in Lagos this week—NPA
Shipping position sited by our correspondent yesterday showed that 28 ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Oct. 17 to Nov. 5. NPA said that…
N1tn social housing scheme underway, says FG
The Federal Government has said it is working out modalities with the private sector to raise N1 trillion for the financing of housing mortgages for low-income earners. This will ride on the back of social housing programme of the present…
Business HiLight launches business news website
A new online news channel, Business HiLights, www.businesshilights.com.ng, has been unveiled in Lagos. A product of Business HiLight Limited, the news gateway was floated by a group of veteran business journalists who have reported key sector of the economy over…
Samsung working with relevant bodies to resolve Galaxy Note7 crisis
Samsung Electronics has said it is working with relevant regulatory bodies to investigate the recently reported cases involving the Galaxy Note7. In a statement yesterday, it noted that “For the benefit of consumers’ safety, we stopped sales and exchanges of…
Digital Start-ups may threaten 78% businesses in future, says Dell
Latest research reports released by technology giant, Dell indicate danger for business leaders over the possibility of digital start-ups taking their positions within the next few years. According to the report published yesterday, Dell said “78% of businesses believe digital…
GTB, 2 others suspend ATM card usage abroad
Fresh angle has emerged on the frustrating scenario caused by the scarcity of dollar in Nigeria. Friday, some commercial banks announced the suspension of overseas Automated Teller Machine (ATM) card services and online transactions denominated in foreign currencies. Standard Chartered…
Dangote acquires gas firm in the Netherlands to boost yield
The management of Dangote Industries Limited on Sunday announced that it had completed the acquisition of Twister BV, a company in the Netherlands, as part of its strategy to meet Nigeria’s gas needs. A statement by Dangote, explained that Twister…
