The Lagos State Government on Thursday urged the newly inaugurated Governing Council members of the State Cooperatives College to fulfill the aim of establishing the college by keeping to their oath of office. The Deputy Governor of Lagos State, Dr Obafemi Hamzat, made the remarks in his address to the 10th public office holders that Read More…
Business
NPA expects 20 ships with petroleum products, food items at Lagos port
The Nigerian Ports Authority (NPA) is expecting 20 ships laden with petroleum products, food items and other goods from June 23 to July 7. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos on Tuesday. According to NPA, Read More…
Lagos govt. introduces online verification for pensioners
The Lagos State Government on Tuesday announced the introduction of online verification exercise for pensioners of the state. The Commissioner for Establishments, Training and Pensions, Mrs Ajibola Ponnle, told newsmen in Ikeja on Tuesday. Ponnle said that the year 2020 edition of the state’s bi-annual verification exercise for its retired officials usually known as ”I Read More…
SON approves 168 new standards, national standardisation strategy
The Governing Council of the Standards Organisation of Nigeria (SON) has approved 168 new Standards for publication and dissemination to various sectors of the nation’s economy. This, it said, was in furtherance to the economic diversification policy of the Federal Government. In a virtual meeting headed by the Permanent Secretary, Federal Ministry of Industry, Trade Read More…
NSE moves 174.68m shares worth N2.01bn in bearish trading
Investors on the Nigerian Stock Exchange (NSE) on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals. This was in contrast with a turnover of 171.21 million shares worth N2.21 billion exchanged in 3315 deals on Thursday. A breakdown of the activity chart indicates that Mutual Benefits Insurance was the toast of Read More…
Economists harp on diversification of economy from oil
An Economist, Prof. Akpan Ekpo, has advised that the Federal Government to do more to restructure the economy through industrialisation in favour of production, so that the country would earn more foreign exchange. Ekpo, a Professor of Economics, University of Uyo, gave the advice on Thursday in Lagos at a webinar organised by the Centre Read More…
NLNG donates medical equipment to Lagos Govt
The Nigeria LNG Ltd. (NLNG) has donated medical equipment to the Lagos State Government as part of its contributions to the 30 million dollars Oil and Gas Industry Collaborative Initiative to fight the COVID-19 pandemic. Eyono Fatayi-Williams, General Manager, External Relations and Sustainable Development, NLNG, said in a statement that the donation was received by Read More…
Lagos adopts more measures to cushion COVID-19 effect on MSMEs
Gov. Babajide Sanwo-Olu of Lagos State says the state is adopting measures to absorb the shocking effects of COVID-19 pandemic on Micro, Small and Medium Enterprises (MSMEs) for business sustainability and growth. Sanwo-Olu made this known in a private sector interactive webinar organised by the Lagos Chamber of Commerce and Industry (LCCI) on Wednesday in Read More…
16 ships conveying petroleum products, others expected at Lagos ports
The Nigerian Ports Authority (NPA) on Wednesday said it was expecting 16 ships carrying petroleum products, food items and other goods from June 17 to July 5 at Lagos ports. The NPA said the ships would arrive with containers, frozen fish, general cargo, bulk wheat, frozen fish, bulk sugar, automobile gasoline, dual purpose kerosene and Read More…
Lagos state pays N1.16bn accrued pension to 368 retirees
The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the release of N1.157 billion for the payment of Accrued Pension Rights to 368 public service retirees for the month of May. Mr Babalola Obilana, Director-General, Lagos State Pension Commission (LASPEC), said this in a statement made available to the News Agency of Nigeria (NAN) on Read More…