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Lagos, South Africa and New York
Saturday, July 11, 2020

2018 holds better deal for Lagos residents, investors- Ambode

…Approves N28.5m Grants, Vehicles To Community Development Committees …As 3900 CDAs Endorse Gov For Second Term Lagos State Governor, Mr Akinwunmi Ambode on Thursday joined in the celebration of the grand finale of 2017 Community Day, assuring that the year 2018 would be better for residents...

FG sets aside N5bn for local miners

The Federal Government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development. The Minister of Mines and Mineral Resources, Dr. Kayode Fayemi, disclosed this on Saturday when he inspected...

LAGOS EMERGES OVERALL BEST STATE IN ICT DEVELOPMENT

...Bags Three Other Awards Lagos State Government beat 35 other States of the Federation to emerge as the best overall performing State in ICT Development and also best State in E-Government Implementation in Nigeria. Lagos also bagged top awards as the Best State in ICT Infrastructure...

CBN Spends N6bn to Establish Business School in ABU, Zaria

About N6 billion has been spent by the Central Bank of Nigeria (CBN) for the establishment of the Business School of the Ahmadu Bello University (ABU), Zaria. Vice Chancellor of the University, Prof. Ibrahim Garba, disclosed this on Saturday at the 40th convocation ceremony of...

Elumelu: Nigerian govt must desist from tax reforms that stifle businesses

Chairman of Heirs Holdings, Mr. Tony Elumelu has picked holes on ongoing restructuring of government regulations and taxation around private businesses in Nigeria, saying efforts should be made to avoid reforms capable of stifling struggling startups and old businesses. Speaking at the Lagos Business School...

US donates $45.5m to Rehabilitation Efforts in North-east

The United States Government has said it will contribute an additional $45.5 million to rehabilitation efforts in the North-east. US Deputy Secretary of State, John Sullivan, said this at the Nigeria-U.S. Bi-National Commission (BNC) meeting in Abuja on Monday. Mr. Sullivan said the support would help...

Ambode seeks investors partnership on Okokomaiko-Seme border road project

…Says Work Ongoing To Give Lagosians 24/7 Power Supply By 2018 Lagos State Governor, Mr Akinwunmi Ambode has expressed the readiness of the State Government to partner with any investor willing to key into his administration’s massive infrastructural renewal drive in critical sectors, saying...

Reps ask FG to fund Lagos-Ibadan Express Road, Second Niger Bridge projects

The House of Representatives has called on the Federal Government to urgently decide on how to fund and execute the Lagos-Ibadan Road and the second Niger Bridge projects. The Lawmakers expressed concern on the confusion surrounding if the projects are to be fully funded by...

Delta approves N7.04bn for construction of Ayakoromo bridge

The Delta State Executive Council has approved N7.04bn (about 22.7 million dollars) for the implementation of two major projects, the establishment of an Agro-Industrial Park at Aboh Ogwashi-Uku in Aniocha South Local Government Area. The money is also to be spent on the construction of...

ExxonMobil, NCDMB invests $975m, N61.18bn to support Nigeria’s local content operators

There are indications that local content would be enhanced in Nigeria’s oil and gas industry as ExxonMobil and the Nigerian Content Development and Monitoring Board (NCDMB) have provided $975 million and N61.18 billion respectively to support indigenous operators. The funds are expected to enable indigenous...
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