Barring any last minute change, indication is high that fuel scarcity is imminent as Independent Petroleum Marketers Association of Nigeria (IPMAN) issued a two-week warning strike over alleged extortion by Depot owners and officials of Department of Petroleum Resources (DPR) at various depots across Lagos State. The oil marketers said it may also shut down all its over 2000 member filling …

Read More »

Over the years, Pastor Simeon Afolabi, the serving Overseer of First Love Assembly, Lagos has carried out massive campaigns among pastors and heads of ministries across Nigeria with his Ministers’ Conference through his partnering organization, the Revival Promotion Partners. Afolabi who recently unveiled three books which are manuals for ministers of the gospel who must get it right, in this …

Read More »

Zenith Bank Plc said on Tuesday it would seek shareholder approval next month to raise 100 billion naira ($318 million) via a combination of share or bond sale and global depository receipts. The lender also said it would seek approval to increase its share capital to 40 billion naira from 20 billion naira at the shareholders’ meeting on March 22. …

Read More »

UNICEF said women and unaccompanied child migrants rely on people smugglers to get to Europe, often under a “pay as you go system”, leaving them vulnerable to exploitation, trafficking and violence, including prostitution and rape. Smugglers typically demand thousands of dollars from migrants for a risky journey across the desert before cramming them onto ill-equipped boats for a perilous crossing …

Read More »

South Africa’s Nedbank booked a $293 million writedown on the value of its west African associate Ecobank on Tuesday, and reported its slowest growth in annual profit since 2009. Ecobank’s operations in central and west Africa have been exposed to economies pressured by the sharp slide in commodity prices and unfavourable currency swings. The writedown reduces Ecobank’s carrying value to …

Read More »

The National Bureau of Statistics on Tuesday released the Gross Domestic Product growth rate for the country with the economy recording a contraction of -1.3 per cent in growth rate in the fourth quarter of 2016. The NBS in the report explained that in real terms, the economy recorded a decline of N240.8bn from N18.53trn in the fourth of 2015 …

Read More »

The Vice President of Dangote Group, Alhaji Sani Dangote on Monday in Lagos implored relevant Government agencies within and outside the Seaports to facilitate unhindered movement for all trucks conveying perishable items. Speaking at the Nigeria Agricultural Export Zero Reject Forum in Lagos, Dangote emphasis need for Nigeria as a country to tackle and overcome logistics challenges at Seaports and Airports. To …

Read More »

As activities lined up for the celebration of Lagos State 50thanniversary  gather momentum, a group named Team Nigeria has presented a seven-feet anniversary T-Shirt tagged ‘Eko Shirt’ to the Lagos State Government. Speaking at the unveiling of the Tee-shirt, the Commissioner for the Ministry of Local Government and Community Affairs, Hon. Muslim Folami, commended the initiative and described it as …

Read More »

Wife of Lagos State Governor, Mrs. Bolanle Ambode (3rd left), presenting hair making equipments to a beneficiary, Mrs. Adenike Oyewola (2nd right) while the Commissioner for Women Affairs & Poverty Alleviation, Mrs. Lola Akanda (2nd left), her counterpart for Youth & Social Development, Pharm. (Mrs) Uzamat Akinbile-Yusuf (left) and Permanent Secretary, Ministry of Women Affairs & Poverty Alleviation, Mrs. Abiola Liadi (right) watch …

Read More »

Advertisement

Read More »