Business

LAGOS CANCELS MONTHLY ENVIRONMENTAL SANITATION DAY

Lagos State Gov. Akinwumi Ambode LAGOS CANCELS MONTHLY ENVIRONMENTAL SANITATION DAY …Urges Residents To Comply With Environmental Laws The Lagos State Government on Wednesday terminated the monthly environmental sanitation exercise which hitherto held for three hours on the last Saturday of every month. The State Government, in a statement by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, said …

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Alleged Fraud: DSS arrests commissioner for insurance

Alleged Fraud: DSS arrests commissioner for insurance Operatives from the Department of State Security and the Nigerian Police Force on Wednesday arrested the Commissioner for Insurance, Alh Mohammed Kyari, over allegations of fraud and financial mismanagement. According to agency report, the operatives who were on joint operation were said to have arrived the headquarters of the National Insurance Commission where …

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Board, Management Synergy required to move NIMASA Forward – DG

Board, Management Synergy required to move NIMASA Forward – DG The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has noted that to achieve the Agency’s vision of becoming the leading maritime administration in Africa advancing Nigeria’s global maritime goals, it is important that there is no disconnect between policy formulation and policy implementation. …

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FG is Committed to Infrastructure Financing’—Adeosun

FG is Committed to Infrastructure Financing’—Adeosun The Minister of Finance, Mrs. Kemi Adeosun on Tuesday emphasised the importance critical infrastructure projects, especially in the areas of Rail and Power to the country’s economic development. She spoke during the visit of the Chinese Ambassador to Nigeria, Mr. Zhou Pingjian, to her office in Abuja. Adeosun described the commitment of the current …

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CBN retains monetary policy rate at 14%, amidst deepening recession

CBN retains monetary policy rate at 14%, amidst deepening recession The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr. Godwin Emefiele, who announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in Abuja, explained …

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Fire guts Erisco Foods warehouse, destroys N450m goods

Fire guts Erisco Foods warehouse, destroys N450m goods Goods worth about N450m were destroyed in a fire that gutted Erisco Foods Ltd warehouse in Lagos, the company’s General Manager, Mr. Tokunbo Agbede, said on Tuesday. According to agency report, Tokunbo made the disclosure at a news conference on in Lagos. Agbede said that the cause of the fire which happened about …

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