Tag Archives: Lagos

Dangote Group is set to complete its $2bn petrochemical plant in Lagos which when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country. Dangote Group President, Aliko Dangote, said this at the 2022 Zenith Bank International Trade Seminar on Non-oil Export recently in Lagos. He said the refinery and ...

A business group known as Univasa has launched Verify and Pay, an innovative digital payment system to reshape the Lagos yellow taxi transport system in Nigeria and ease the payment system. The platform was launched recently at the Lagos State Taxi Driver and Cab Operators Association, (LSTDCOA) Oshodi, Lagos. The event was graced by the President of LSTDCOA, Mr. Otunba ...

The Lagos State Governor, Babajide Sanwo-Olu, is seeking private sector support to achieve $10 billion from agriculture by 2025. This was the focus of the five-year roadmap to develop the agricultural value chains where Lagos State has competitive and comparative advantages. Addressing reporters during the flag off of the Y2021 Agricultural Value Chains Enterprise Activation Programme in Lagos, Sanwo-Olu said ...

The Lagos chapter of the National Union of Road Transport Workers, locally called agberos, generates about N123.08bn annually, which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a statistical report by the International Centre for Investigative Report has shown. The data, which was released on Thursday, showed that the money was realised through levies on ...

The Nigeria Customs Service (NCS) generated N1,0003,752,951,735.55 revenue from January to June, 2021. Its Public Relations Officer, Deputy Comptroller, Mr. Joseph Attah broke the news to reporters in Abuja, He said the figure is N290,204,555,900.62 higher than the N713, 548,395,834.93 raked in at the corresponding period of 2020. According to him, the NCS attained the feat because of “resolute pursuit ...

Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have decided to collaborate to  to make more loans available to micro, small and medium enterprises (MSMEs). This was disclosed by the Executive Director, Commercial Banking, Ecobank Nigeria, Mrs Carol Oyedeji Acccording to her, the collaboration was in tandem with the bank’s empowerment and entrepreneurship policies aimed at reducing unemployment ...

The price of Uber service has increased in Lagos via the rate of its economy option (UberX) by 13% in Lagos from May 11, 2021. The statement was made the ride firm via e-mail sent to its drivers to educate them on the motive behind the hike. It stated, “At Uber, we remain committed to providing a reliable earning opportunity ...

A foremost real estate company in Nigeria, Masters Reality has petioned the Federal Criminal Investigation and Intelligence Bureau, FCID at Alagbon in Lagos over the illegal demolition of the company’s property located at Iju Road, Agege. It was gathered that the demolition exercise happened at the early hours of Friday March 5th. It should be noted that this alleged illegal ...

Truck drivers on bridges around Apapa area of Lagos were on Monday forced to make U-turn after the Nigerian Navy commenced enforcement of the quit order. The military and state government had last Wednesday issued a 48-hour ultimatum to truck drivers to vacate all bridges in the state, citing security and safety concerns. Although some of the drivers immediately adhered ...

Indigenous shipowners have expressed optimism in the much expected $11 billion Dangote Refinery and Petrochemical Plant in Ibeju-Lekki, Lagos, which they said raises fresh hope of survival for them. They are also optimistic that the expect freights from the refinery to other parts of the country and abroad would be handled by Nigerian vessels in line with local content policy ...