Browsing: Business

The Secure Anchorage Area contract is officially suspended, the Minister of Transportation, Rotimi Amaechi, said on Monday.

In an effort to comprehensively tackle insecurity on Nigeria’s territorial waters and exclusive economic zone, the Federal Government says it is set to deploy its integrated maritime security infrastructure.

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as investors’ sentiment remained weak.

Primero Transport Services Limited, operators of Bus Rapid Transit in Lagos, says it has rolled out more than 300 buses to cushion the effect of the Lagos State Government’s ban on commercial motorcycles (Okada) and tricycles (Keke) operation in some parts of the state.

The riders were at the seat of Government in Alausa over the February 1, 2020 enforcement of the ban on the operations of commercial motorcycles, popularly called Okada, and tricycle, also known as Keke Marwa

The sealing of the secretariat was made known by the Chairman of the NLC in Rivers State, Beatrice Itubo

The Nigerian Airspace Management Agency has given a 30-day final demand notice to debtor airlines, both private and state owned, to settle all outstanding debts owed to the agency.

Speaking at the FirstBank SMEConnect Business Clinic, held in Lagos on Thursday, the Group Head, Lagos Island 1, First Bank of Nigeria Limited, Olufunke Smith, stated that the business clinic provides an opportunity for SMEs to understand how to develop their business plans and run their businesses.

Ibadan Electricity Distribution Company’s Business Hub at Monatan, Oyo State has been robbed and one person killed.

The Lagos State Governor, Babajide Sanwo-Olu, on Sunday expressed shock over the fire that razed down seven buildings on Martins street on Lagos Island, saying it was a sad development for the State to experience another fire under an absolutely avoidable circumstance.

The Federal Government on Sunday says it has adopted modalities to review concession of silos leased to private firms in the country.

The Cross River State Ministry of the Environment says it has commenced enforcement of the ban on roadside trading, illegal motor parks and other adverse environmental activities in the state.

The Nigeria Deposit Insurance Corporation says it will on February 3 commence claims verification for depositors of the three Micro Finance Banks and Primary Mortgage Banks recently closed by the Central Bank of Nigeria.

The Ogun State Governor, Prince Dapo Abiodun, has reiterated his administration’s commitment to reduce employment in the state while ensuring that individuals and companies that choose to set up agro companies in the State continue to excel.

The firm made this disclosure at an event which held at its new headquarters in Lagos to herald the new season of its business operations

The Managing Director, Lagos Ferry Services, Abdoulbaq Ladi-Balogun, made this known in Ikeja on Saturday at a news conference on the commercial launch of operations of LAGFERRY.

Ferdinand Nwonye, Ministry of Foreign Affairs’ spokesperson, announced this in a statement on Saturday in Abuja.

Some operators of commercial motorcycles (Okada) and tricycles, Keke NAPEP, in Lagos said the ban on their operations by Governpr Babajide Sanwo-Olu would deprive them of their daily bread.

They did so in compliance with an order of the Lagos State Government that took effect from Saturday, banning them from plying the major highways and bridges.

The Chief Head of BEDC in the state, Abel Enechaziam, disclosed this in a statement made available to newsmen on Saturday in Benin.