Lagos
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Zenith Bank Plc has announced the appointment of as its Group Managing Director/Chief Executive Officer (CEO), effective June 1, 2024, pending approval by the Central Bank of Nigeria (CBN). The appointment was disclosed in a statement released to the Nigerian Exchange Limited (NGX) and signed by Michael Osilama Otu, the Company Secretary of Zenith Bank […]
Nigeria’s Lagos State opened a second light-rail line to ease gridlock in the nation’s commercial hub and most populous city that’s notorious for traffic jams. President Bola Tinubu on Thursday inaugurated the 37-kilometer (23-mile) Red Line, which stretches from the northern suburb of Agbado down to the coastal area of Oyingbo, near the city’s central business district […]
The Lagos State government is gearing up for a major infrastructure push in 2024, allocating a whopping 550.68 billion naira to develop and maintain critical projects across the state. This ambitious plan, announced by Commissioner of Economic Planning and Budget Ope George, represents 24.28% of the entire budget and reflects a strong commitment to improving […]
The Central Bank of Nigeria’s (CBN) controversial plan to relocate some departments to its Lagos office is gaining momentum, with 1,500 staff members scheduled to begin working there this Friday. While the bank touts increased staff safety, boosted productivity, and decongestion as key motivators, the move has sparked heated debate. Proponents, aligned with the new […]
In a significant move to curb rampant real estate fraud, the Lagos State Real Estate Regulatory Authority (LASRERA) and the Economic and Financial Crimes Commission (EFCC) have joined forces. This groundbreaking collaboration was announced after a courtesy visit by Lagos State Housing Special Adviser Barakat Odunuga-Bakare and her team to the EFCC Lagos Zonal Command. […]
Lagos, Nigeria: The massive Dangote Petroleum Refinery has received its fourth shipment of one million barrels of Bonny Light crude oil, fueling anticipation for its imminent launch. The Nigerian National Petroleum Corporation Limited (NNPC) delivered the crucial supply, with the $20 billion refinery expecting a fifth shipment shortly. This marks a significant development, adding to […]
Lagos State Governor, Babajide Sanwo-Olu has restated the commitment of his administration to scale up funding to build capacity of Artisans, and Tradesmen in the state. Speaking at the 14th Tradesmen and Artisans Day with the theme Collaboration and Networking: the Path to Artisanal Growth and Development.” Governor Sanwo-Olu said that the event is designed […]
Prepare for three days of non-stop excitement as Lagos throws a colossal year-end party! The Greater Lagos Fiesta is back, bigger and brighter than ever, welcoming over 25,000 revelers from December 29th, 2023, to January 1st, 2024. And guess what? Your safety is a top priority. Speaking at a press conference, the Lagos State Commissioner […]
Lagos State Governor, Babajide Sanwo-Olu has called for the support of local and international investors to partner MSMEs and scale up products and services in order to break into AFCFTA and global market. He said with the collaboration, there will be a reasonable return on investment for small businesses in Lagos and Nigeria. Speaking at […]
Lagos State Governor Babajide Sanwo-Olu has declared that the much-anticipated Opebi-Mende-Ojota Link Bridge and its connecting arterial roads will be ready for public use by the second quarter of 2024. Governor Sanwo-Olu made this announcement during a recent inspection tour of the ongoing project, addressing journalists at the Odo Iya Alaro area. He revealed that […]
