According to Vice President Yemi Osinbajo, the agricultural value chain rather than the extractive industry is where Nigeria finds its wealth. This opinion was expressed by Osinbajo on Friday in Abuja during the inauguration of the Olam Agri initiative Seeds for Future Foundation and Education Grant. Leading agricultural company Olam Agri concentrates on fast-growing consumer Read More…
Day: 21 October 2022
Lagos government invents first environment-friendly vulcanising machine in the world
In order to protect citizens’ health and life, the Lagos State Government claims to have developed the first multipurpose solar-powered vulcanising apparatus in the world. In an interview with the News Agency of Nigeria (NAN) in Lagos, Mr. Daisi Oso, the general manager of the Lagos State Planning and Environmental Monitoring Agency (LASPEMA), stated this. Read More…
Shoprite reopens Lekki Mall after #EndSARS incident
After a 24-month closure, Retail Supermarket Nigeria Ltd (RSNL), the company that owns Shoprite in Nigeria, has announced the start of business at its location in Circle Mall, Jakande, Lekki. The announcement was made by Mr. Hubertus Rick, the Chief Executive Officer of RSNL, at the Circle Mall’s reopening celebration on Friday in Lagos. Following Read More…
Championing rule of law at home and criminality abroad
Only a quarter of the eight million Palestinian people live in Palestine; one million in Gaza, 750,000 in the occupied West Bank and 250,000 inside Israel. The rest, or over six million, are forced to live outside with at least three million of them classified as stateless persons with no legal rights. Yet these Palestinians Read More…
39-year-old woman jailed for alleged N8.9 million fraud
Deborah Tella, who is 39 years old, was charged at an Ikeja Magistrate’s Court on Friday. She is accused of stealing N8.9 million from her employer’s business. The defendant was prosecuted for fraud and theft. She worked as an administrative support officer for a company and lived at 8, Akinwunmi Street, Egbe, Ikotun in Lagos Read More…
Shell resumes crude oil export operations at Forcados Oil Terminal
After a few days of pipeline repair work, Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal. This was confirmed to the News Agency of Nigeria (NAN) by the SPDC’s Media Relations Manager, Mrs. Abimbola Essien-Nelson, on Friday in Lagos. By the end of October, when the continuing crucial Read More…
EKEDC will reduce estimated billings through aggressive metering
To close the metering gap in its operating network, Eko Electricity Distribution Company (EKEDC) says it has started aggressive metering under the Meter Asset Provider (MAP) and National Mass Metering Programme (NMMP) Schemes. Mr. Godwin Idemudia, General Manager, Media Communications, EKEDC, disclosed this to journalists on Friday. Idemudia said that the plan gave the company Read More…
Estate agent charged for bilking clients of N4m
Olasukanmi Adebanjo, a 40-year-old estate agent, was charged on Friday in a Lagos courtroom for allegedly defrauding two people looking for housing out of N4 million. Adebanjo, who resides in Magodo Phase II, Lagos, was accused of fraud and theft by the police. He entered a not-guilty plea to the charge. According to the prosecutor, Read More…
CBN sells Polaris Bank to Strategic Capital Investment
The sale of Polaris Bank to a new core investor, Strategic Capital Investment Ltd. (SCIL), has been made public by the Central Bank of Nigeria (CBN). A statement signed by Mr. Osita Nwanisobi, Director, Corporate Communications, and posted on the CBN website on Thursday said that the sale was completed after SPA signed a Share Read More…
Lagos is a choice place to invest in real estate — LASG
Lagos State is a top destination for real estate investors and investees, according to Mrs. Toke Benson-Awoyinka, special adviser to Lagos State Governor Babajide Sanwo-Olu on housing. This was said by Benson-Awoyinka during a presentation at the Second Edition Stakeholders Summit of the Real Estate Developers Association of Nigeria (REDAN), Lagos State Chapter, which took Read More…