LAMATA reveals cause of delays on Lagos light rail project
The Lagos Metropolitan Area Transport Authority (LAMATA), on Tuesday revealed that issues bordering on Right of Way (RoW) recovery and the relocation of services were responsible for the slow pace of work on the Light Rail Project on the ongoing…
Sponsored Post: Transport infrastructure driving boost in Africa’s cross border trade
By Standard Bank Africa could soon be the largest free-trade area in the world. This is if the African Union’s Continental Free Trade Area (CTFA) stays on track to be operational by the end of this year. Once up and…
NPA hosts Lagos Safety Commission again, seals intermodal understanding
The Management of Nigerian Ports Authority (NPA) on Tuesday, hosted for the second time in two months, Executive members of Lagos State Safety Commission (LSSC) at Marina, Lagos. Both organizations engaged in an interactive session over effective safety of lives…
Oil marketers may begin importation soon as CBN eases forex, port charges
After months of out of business by oil marketing companies due to harsh access to forex, the Central Bank of Nigeria (CBN), on Tuesday, eased issued bordering on payment for port charges to the Nigerian Ports Authority (NPA). This it…
Akufo-Addo worried on growing power crisis, says Ghana loses 2% of GDP yearly
Following a new report released by the Institute for Social Statistics and Economic Research (ISSER) on electricity crisis, Ghanaian President, Nana Addo Dankwa Akufo-Addo has expressed worry that the nation lost $680 million in 2014 alone equivalent to two per…
Shell denies neglect of Kula, Belema towns, restates commitment to GMoU
Pioneer International Oil Company (IOC), the Shell Petroleum Development Company of Nigeria Ltd. operated Joint Venture (SPDC JV), has debunked allegations of neglect of communities in Kula kingdom, and Belema in Rivers State, insisting that it had implemented a Global…
NNPC, marketers douse fears of fuel price hike
To douse fears of possible increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, the Nigerian National Petroleum Corporation (NNPC) and marketers in the downstream oil sector have said there are no plans for that…
Adenuga thanks Nigerians, assures nationwide 4G data services as Glo turns 14
Founder and chairman of Globacom, Dr. Mike Adenuga Jnr., in Lagos on Monday thanked all Nigerians and business partners for assisting him to drive the vision and dream he enacted and launched in 2003 which he said has today, become…
Niger State: Dangote to pump $450m in 3-year commercial farming drive
Barely one week after sealing a multibillion naira deal with government of Kano State in building solar power plant to run industries, leading African industrialist and President, Dangote Group, Alhaji Aliko Dangote, on Monday revealed new investment plan worth $450m…
Ibadan on fire as EFCC nabs over 100 undergraduates for internet frauds
A scenario that can be interpreted to mean that Ibadan, the Oyo State capital may have taken over Lagos in terms of internet frauds and associated crimes has emerged. On Monday, the Ibadan office of the Economic and Financial Crimes…
