The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and Medium Enterprises (MSMEs), and cautions unsuspecting applicants against fraudsters. Mrs Mariam Katagum, the Minister of State for Industry, Trade and Investment, stated this at a news conference on the implementation process of the Survival Fund in on Thursday Read More…
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Featured posts
NSE market capitalisation gains N107bn Thursday
The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid gains by blue chips. Specifically, the market capitalisation inched higher by N107 billion or 0.79 per cent to close at N13.581 trillion from N13.474 trillion achieved on Wednesday. Also, the All-Share Index grew Read More…
Lagos to celebrate World Tourism Day Sept. 27
The Lagos State Government will celebrate this year’s World Tourism Day on Sunday via a zoom event which will be livestream on Facebook for residents of the state. Uzamat Akinbile-Yusuf, Commissioner for Tourism, Arts and Culture, told newsmen on Thursday that a smaller number would join dignitaries at the physical event taking place at Lagos Read More…
Chief Magistrates to inspect police custodies in new bill at Lagos Assembly
The Lagos State House of Assembly is considering the amendment of the Administration of Criminal Justice bill that will compel a Chief Magistrate to conduct monthly inspection of police stations or other places of detention. The Chairman, House Committee on Judiciary, Human Rights, Public Petitions and LASIEC, Mr Victor Akande, said this during the bll’s Read More…
Nadal faces tough path to French Open final
Rafael Nadal, who is seeking a record-extending 13th French Open title and a record-equalling 20th Grand Slam singles crown, was handed a relatively tough path to this year’s final. The draw for the Roland Garros event was made on Thursday. Nadal will take on Bulgaria’s Egor Gerasimov in the first round and faces a potential Read More…
NPA expects 19 ships with petroleum products, others at Lagos port
The Nigerian Ports Authority (NPA) says it is expecting 19 ships, laden with petroleum products, food items and other goods from Sept. 23 to Oct. 3. The NPA made this known in its “Shipping Position” publication in Lagos on Wednesday. According to the publication, the ships are being expected at the Lagos Port Complex. It Read More…
AFAP pledges to make Lagos food processing hub
The Association of Food and Agro Processors (AFAP) says it has evolved mechanisms to assist Small and Medium Enterprises (SMEs) drive Lagos State into a food processing hub for local and export markets. Mr Duro Kuteyi, National President of AFAP, made this known at the Lagos State MSME Exclusive Fair on Wednesday in Lagos. Kuteyi Read More…
Lagos Govt hands over 51 vehicles, 8 houses to judges
The Lagos State Government on Wednesday handed over 51 Sport Utility Vehicles (SUVs) and eight houses to judges of the State High Court. It would be second time in a year that official vehicles were given to members of the state’s judiciary. Last October, the governor gave out 50 official cars to magistrates to aid Read More…
COVID-19 : FG considers tax incentives for maritime sector
The Federal Ministry of Transportation is proposing tax incentives for the maritime industry to stimulate investment and boost activities, amid downturn caused by COVID-19 pandemic. The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, disclosed this in a statement in Lagos on Wednesday. Jamoh who conveyed the ministry’s position to Read More…
NSE market capitalisation sustains growth by N67bn
The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent. Speficially, the market capitalisation rose by N67 billion to close at N13.474 trillion against N13.407 trillion recorded on Tuesday. Also, the NSE All-Share Index inched higher by Read More…










