AutomobileMarket

OPEC reveals Nigeria loses N101bn on oil

Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in the preceding month of June, data from the Organisation of Petroleum Exporting Countries showed on Thursday. In its latest Monthly Oil Market Report for August 2022, OPEC stated that crude oil production figures based on direct communication indicated that Nigeria’s output…
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Travel & Tourism

Federal Govt to develop Lagos Trade Fair Complex

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has assured of the government’s commitment to ensuring that the Lagos International Trade Fair Complex (LITFC) was  developed into a world-class trading centre. He gave the assurance in Lagos at the…
Brands & People

Leadway Health has launched its telemedicine

Leadway Health has launched its telemedicine feature for better access to healthcare. Managing Director/Chief Executive Officer, Leadway Health Limited, Dr. Tokunbo Alli, stated that the feature on the Leadway Health App is available for downlo on the iOS App Store and Google Play Store, adding that it provides real-time, convenient access and delivery of healthcare via customers’ mobile…
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Brands & People

Old Mutual introduces education plan for children

The Nigerian subsidiary of Old Mutual Limited (OML) has launched an Education Protection Plan (EPP or EduSure) that assists parents and guardians secure learning for their children or wards The company said EduSure helps parents and guardians to save for the education of…
Real Estate

Fraudulent developers defraud house seekers in Lagos

A 34-year-old software developer, Abiodun Oguntade, who now lives in Mende, Maryland, recently fell prey to the antics of a fraudulent property developer. Oguntade stated that the developer took advantage of his naivety to swindle him of a N300,000 down payment for a…
Blockchain

LIRS launches whistleblowing initiative to promote ethical standards

The initiative, which was done in partnership with Deloitte Nigeria, was launched on Friday, August 5, 2022, in Ikeja. The Whistle-blowing facility which is referred to as the ‘Deloitte Tip-Offs Anonymous’ is designed to ensure that concerns about wrongdoings within the LIRS can be raised by any stakeholder without fear of intimidation. Speaking at the launch, the Chairman of the agency…
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Real Estate

Three years advance rent deadly to economy – Fashola

The Minister of Works and Housing, Babatunde Fashola, on Thursday declared that the collection of two to three years’ rent in advance by property owners was causing more harm than good to Nigeria’s economy. Fashola, who intensified the push for monthly rent payments across the country, charged state governments to look at ways to make the payment of rent easier and more comfortable for both…
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