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Commodities Notes Trade

NPA expects 14 ships with petroleum products, others at Lagos port

PICTURE ABOVE CREDIT: FINANCIAL TIMES The Nigerian Ports Authority (NPA) says it is expecting 14 ships laden with petroleum products, food items and other goods from Saturday to July 25. 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 Read More…

Agriculture Notes

Tree Planting Day: LASG to plant coconut seedlings, fruit crops

The Lagos State Government says it will plant coconut seedlings and other fruit-bearing trees during the state 2020 Tree Planting Day, on July 14. Mr Dapo Olakulehin, General Manager of Lagos State Coconut Development Authority (LASCODA), made this known to newsmen on Friday in Lagos. Olakulehin said the exercise would be carried out in collaboration Read More…

COVID19 Health Notes

COVID-19: Lagos Govt advises residents to take responsibility

PICTURE ABOVE CREDIT: LASG The Lagos State Government has advised residents to take responsibility by wearing face masks in public places to reduce the spread of COVID-19 disease. Prof. Akin Abayomi, the State Commissioner for Health, gave the advice through his Twitter handle on Friday. Abayomi said that residents should always wear face masks when Read More…

Banking Notes Politics

NEXIM bank does not fund political activities — management

PICTURE ABOVE CREDIT: NEXIM Bank The Nigerian Export-Import Bank (NEXIM), on Friday said that it does not fund political activities under any guise, but only grant loans to support export-oriented projects in the country. Ms Lohya Mamven, Corporate Communications Department, NEXIM Bank said this in a statement issued in Abuja. Mamven said that the explanation Read More…

Banking Notes Utilities

Union Bank to provide potable water to 6 geo-political zones in Nigeria

Union Bank of Nigeria (UBN), said on Friday that it would provide potable water to the six geo-political zones in the country as part of its support and Corporate Social Responsibility to Nigerians. Mrs Ogochukwu Ekezie-Ekaidem, Head, Strategic Corporate Communications and Marketing, UBN, made the disclosure at a Virtual Media briefing organised for Financial Correspondents Read More…

Notes Trade

Move cargo through barges to decongest ports – SIFAX urges

Capt. Ibraheem Olugbade, Executive Director, SIFAX Off Dock, has urged stakeholders in the maritime sector to adopt cargo movement through barge to off dock to decongest Lagos ports. Olugbade gave the advice in a statement signed by Mr Muyiwa Akande, Corporate Affairs Manager, SIFAX Group, in Lagos on Friday. According to Olugbade, the challenges of Read More…

Crime Notes Professional malpractice

Fatal plastic surgery: Court adjourns trial of Lagos surgeon

A Federal High Court in Lagos on Thursday adjourned the trial of a Lagos-based surgeon, Dr Anuoluwapo Adepoju, charged with evasion from investigation into an alleged failed plastic surgery. The defendant is charged alongside her clinic, MedContour Services Ltd., on five counts bordering on refusal to honour an invitation for investigation and failure to produce Read More…

Notes Planning

Finance Minister consults NASS leadership on 2021-2023 MTEF/FSP

Minister of Finance, Budget $ National Planning, Zainab Ahmed on Thursday met with the leadership of the National Assembly on plans to submit the 2021 to 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later in July. The Minister, while briefing principal officers of the Senate and House of Representatives led by the Read More…

Notes Power

DisCos advocate CBN-funded massive roll-out of meters to address power challenge

Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday in Abuja that the massive roll-out of meters would assist in the full take off of the proposed Service Reflective Tariff (SRT). Mr Sunday Oduntan, Executive Director, Research and Read More…