Transportation

Lagos-Ibadan Expressway Completed April 30, Drainage Delayed, Oyo Section - FG

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April 6, 2023
The Minister of Works and Housing Mr Babatunde Fashola, has said the Lagos-Ibadan and Abuja-Kano Expressways will be completed by April 30. The minister gave the assurance at the pre-inspection of the completed Loko-oweto Bridge in Nasarawa State on Wednesday. Fashola said, “I want to appeal to commuters on that road for continuous patience and understanding: it is a difficult project to execute…
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Transportation

Lagos brings technology to the park.

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April 5, 2023
In a bid to facilitate a seamless parking experience across the metropolis, the Lagos State Government has partnered ARCA Payment Ltd. to develop a parking payment application that will enhance coordinated parking operations. Revealing this development at a partnership…
Economy

Second Niger Bridge to be opened May 15 – Fashola

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April 5, 2023
The Federal Government has said the second Niger bridge will be fully open to vehicular movement on May 15. The Minister of Works and Housing Babatunde Fashola revealed this on Tuesday while inspecting and confirming the completion of the Loko-Oweto Bridge and link roads between Benue and Nasarawa States. Speaking with journalists, the minister explained that the N336bn legacy project of Major…
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Banking

The UBA Foundation empowers women in technology.

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April 5, 2023
UBA Foundation, the corporate social responsibility arm of United Bank for Africa Plc, says it has joined the rest of the world to celebrate women in the month of March, with various activities aimed at empowering young women and promoting gender equality. Specifically, the…
Banking

Full List of Approved Loan Applications in Nigeria

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April 5, 2023
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission. The 173 loan apps, only 119 have full approvals while 54 currently have conditional approvals while it bars illegal online…
Energy

Shareholders protested Oando's delisting and share buyback plan.

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April 4, 2023
Some shareholders have expressed concerns over Oando Plc’s plan to delist from the capital market and acquire the shares of minority shareholders. Oando in a corporate notice on Thursday informed the Nigerian Exchange Limited of its latest plans. The company’s core investor, Ocean and Oil Development Partners Limited, proposed to acquire the shares of its minority shareholders at the rate of…
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Aviation

FG to demolish Lagos airport jet hangars

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April 3, 2023
Barring any last-minute change of heart, the Federal Government will in the next one or two weeks begin the demolition of multibillion-naira private jet hangars located at the Murtala Muhammed International Lagos. The Federal Government said the hangars were obstructing the…
Markets

NSIA grows net assets by 10% to N1tn

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April 1, 2023
The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial year. This was disclosed in its audited results for the 2022 financial year, which was released on Thursday. The highlights of NSIA’s activities and performance during the period under review also showed that it…
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