LAGOS STATE REMAINS THE ECONOMIC CAPITAL IN NIGERIA – NBS RECENT DATA
Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the equivalent of the combined internally generated revenues by 26 states of…
POULTRY FARMERS – CLOSURE OF HOTELS THREATENING OUR BUSINESS
Farmers in the poultry and fishery industries are lamenting the continued closure of hotels, drinking joints and other entertainment spots where their products are sold. They say the situation is…
EMEFIELE – THERE WILL BE NO FOREX FOR GOODS WITH LOCAL SUBSTITUTE
The Central Bank Governor, Mr Godwin Emefiele, has said that the CBN will not support the importation of items that can be produced in Nigeria with forex. As Nigeria continued…
NIGERIA SENATE BEGINS LOCAL CONTENT LAW AMENDMENT
The Senate on Tuesday passed for second reading the Nigerian Oil and Gas Industry Content Development Bill 2020. The red chamber said the amendments to the Nigerian Oil and Gas…
ABUJA, LAGOS AND P/HARCOURT AIRPORT FUMIGATED AS FAAN PLANS REOPENING
The Federal Airports Authority of Nigeria says it has commenced fumigation of International Airports in Lagos, Abuja, and Port Harcourt ahead of reopening of flight operations in Nigeria. General Manager,…
Zenith Insurance profit rises 16% to N3.7bn
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019, showing positive improvements on a year-on-year, YoY, basis with profit before tax rising…
Uber Lays Off 3,000 More Employees
Uber on Monday announced it is cutting a quarter of its global workforce and trimming investment to survive the financial hit to its business from the coronavirus pandemic. The San…
APPLE DETAILS ITS APPROACH TO SAFETY STORES, PLANS TO REOPEN
Apple’s head of retail Deidre O’Brien has posted a letter on the company’s website detailing how it plans to safely restart operations at its retail stores. Apple shut all of…
OPERATIONS IN BANK ADJUSTED AS LOCKDOWN EASES
Deposit Money Banks are adjusting their operations and introducing measures for customers to access the banking halls as the lockdown directives ease. While some have been sending lists of branches…
LAGOS IBADAN EXPRESS WAY 2021 DELIVERY DATE BLEAK
There are indications that the 2021 planned delivery date for the ongoing reconstruction of the Lagos-Ibadan Expressway will be shifted again, following the stoppage of work on the project after…















