Metro

Vacate Distress Buildings, Lagos Urges Occupants As Another House Collapses

Lagos State Government has urged occupants of marked distressed buildings across the State to immediately vacate them pending the arrival of the demolition team of Lagos State Building Control Agency (LASBCA). Commissioner for Physical Planning and Urban Development, Prince Rotimi Ogunleye, made the appeal on Monday following the collapse of a distressed three-storey building located on 50, Kakawa Street, Campos, Lagos …

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NASCON Posts N4.4bn Profits; To Pay 100k Dividend

The Management of NASCON Allied Industries (formerly National Salt Company), a member of the Dangote Group over the weekend released its financials for the year ended December 31, 2018 with a revenue of N25.8 billion and a profit after tax of N4.4 billion.

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Lagos To House Victims Of Collapsed Buildings

Lagos State Government has said it will house no fewer than 500 victims of collapsed and demolished buildings on Lagos Island at its Relief/Resettlement Centre Igando in Alimosho Local Government Area. Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan, made this known over the weekend while touring the Resettlement Centre, stating that Governor Akinwumi Ambode had approved that those affected as a result …

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Nigeria, Others Get $40b As Global FDI Falls To $1.2tr

Global foreign direct investment (FDI) fell by nearly a fifth in 2018, to an estimated $1.2 trillion from $1.47 trillion in 2017, according to the latest UNCTAD Global Investment Trends Monitor released on Monday, with Nigeria and Angola experiencing weak performance.

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UBA Hinges Future Performance On Cost Efficiency, Improved Asset Quality

UBA House (1)

Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and priorities for the 2019 financial year and beyond.

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