The Lagos State House of Assembly has approved Governor Babajide Sanwo-Olu’s request of N85 billion special dispensation for bond redemption as well as N85 billion for bridge loan for a quarter. This is in pursuant to the approval of Bonds,…
For failing in their obligations to their policyholders, the Nigerian Insurers Association (NIA) has finally wielded the big stick, expelling Standard Alliance Insurance and two others from its membership. The other two are Industrial and General Insurance Company limited (IGI)…
Lagos State governor, Babajide Sanwo-Olu on Wednesday said that his adminstration would bridge the gap of the shortage of potable water supply upon the completion of the Adiyan II plant. Sanwo-Olu made the remark in a message to the 2021…
By Kayode Tokede Aggressive profit-taking by Investors on the Nigerian Exchange Limited (NGX) between Monday and Wednesday down the equities market by N440billion in three days, Nigerian NewsDirect findings have revealed. Analysts have expressed that insecurity in the country, hike…
The Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export Import Bank (NEXIM) have signed an agreement on $30million Capital and Capacity building Fund for the oil and gas sector servicing. The Executive Secretary of NCDMB, Mr Simbi…
…approves team to engage Twitter over suspension …as ECOWAS Court stops FG from imposing sanctions The Senate on Tuesday received President Muhammadu Buhari’s request for the approval of the 2021 Supplementary Appropriation Bill of N895.8 billion. President of the Senate, Ahmad…
The Senate has mandated six of its Committees to engage the Minister of Finance, Zainab Shamsuna Ahmed, on the Federal Government’s elapsed Economic Recovery and Growth Plan (ERGP) between 2017 and 2020. The Committees are: National Planning; Banking, Insurance and…
The Ogun State Government has revealed that the upcoming 2021 Investment Summit will focus on Infrastructure, Power, Transportation, Agriculture and Education among others, to maximise the vast economic potentials and broaden the state capital base. Commissioner for Budget and Planning…
Gloria Akudoro, Abuja The Association of Professional Bodies of Nigeria (APBN), has tasked the Federal Government to ensure full implementation of the African Continental Free Trade Agreement (AFCFTA) deal do as to accelerate Intra-African trade of goods and services within…
…Governor approves premium insurance cover on passengers using state-owned ferries …we now have capacity to move 710 commuters per trip — LAGFERRY MD The growing interest in water transportation by residents of Lagos State has received an encouraging response from…
