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 meeting between the Lagos State Parking Authority and ARCA Payment Ltd., the General Manager of LASPA, Mrs Adebisi Adelabu, stated…
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…
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…
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 bank
Operations of illegal lending apps led to the intervention of the FCCPC’s approval of lending apps legally…
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…
Polaris Bank has offered free entry to local and international airport lounges to its customers.
In a statement on Thursday, the bank said that its customers who open its Polaris Select Plus Account would get free entry to local and international airport lounges across the…
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 efficient use of the international wing airport and there was a need to demolish them to pave the way for the expansion of…
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…
World Bank has said developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges.
As such, the Washington-based lender called on policymakers to create an environment conducive for investment and devoid of…
United Bank for Africa on Thursday said it recorded N201bn profit before tax in its 2022 financial period.
The bank disclosed this in a statement on its audited financial results for the full year ended December 31, 2022, titled, ‘Full year 2022: UBA delivers strong results as profit hits N201bn’.
It stated that, “Despite the highly challenging global economic and business environment, UBA…