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Lagos Free Zone targets additional $5bn investment

The Lagos Free Zone, which already has a committed investment of $2bn, is poised to attract an additional $5bn over the next four years. This was disclosed by the Chief Executive Officer, LFZ, Dinesh Rathi, at the corporate headquarters of the company in Ibeju-Lekki during the official visit of the Lagos State Governor, Babajide Sanwo-Olu,...

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Lagos gives Catholic mission four hectares of land

The Lagos State Government has handed over four hectares of land to the Catholic Archdiocese of Lagos for the construction of Bethlehem Girls College that was affected by Abule-Ado explosion. The Commissioner for Special Duties and lnter-Governmental Relations, Tayo Bamgbose-Martin, presented the land documents to the representatives of the Catholic Archdiocese of Lagos on behalf...

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LASG gives Catholic mission four hectares of land

The Lagos State Government has handed over four hectares of land to the Catholic Archdiocese of Lagos for the construction of Bethlehem Girls College that was affected by Abule-Ado explosion. The Commissioner for Special Duties and lnter-Governmental Relations, Tayo Bamgbose-Martin, presented the land documents to the representatives of the Catholic Archdiocese of Lagos on behalf...

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Halt $1.5bn refinery revamp, subject to national debate – Peterside

The Founder, Stanbic IBTC Bank Plc, Mr Atedo Peterside, has asked the federal government to halt plans of renovating the Port Harcourt refinery in Rivers State for $1.5bn. The Federal Executive Council had earlier on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn. The Minister...

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Facebook rallies after Zuckerberg downplays risk of Apple policy

Facebook Inc. shares rallied on Friday, with the stock extending a recent advance after Chief Executive Officer, Mark Zuckerberg, downplayed the risk that the social-media company could see as a result of an upcoming change to Apple Inc.’s privacy policies. “I’m confident that we’re gonna be able to manage through that situation,” he said in...

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Firm unveils app for Nigerian market

Roaddo, a digital ecosystem that connects buyers and sellers, has announced the launch of the Roaddo app. The company explained on Thursday at the unveiling in Lagos that the purpose of the app was to unlock market access to the sellers and service providers. The founder, Fred Adun, said the Roaddo app would also address...

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Firm unveils app for Nigerian market

Roaddo, a digital ecosystem that connects buyers and sellers, has announced the launch of the Roaddo app. The company explained on Thursday at the unveiling in Lagos that the purpose of the app was to unlock market access to the sellers and service providers. The founder, Fred Adun, said the Roaddo app would also address...

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Lekki port begins operations 2023, to generate 170,000 jobs

Commercial operations at the Lekki Deep Seaport in Lagos Free Zone will begin in the first quarter of 2023, the frontline investor handling the project, Tolaram Group, assured Governor Babajide Sanwo-Olu on Friday. According to a statement signed by the Chief Press Secretary to the governor, Gboyega Akosile, titled ‘Lekki deep seaport begins operations in...

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MTN launches SME engagement platform

MTN Nigeria has launched a unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners administer transactions with customers, potentially increasing their productivity significantly. According to a statement from the telco on Thursday, the app, developed in partnership with Ajua, an African start-up, offers innovative customer management solutions. It said following installation and...

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NECA calls for urgent action to curb unemployment

The Nigeria Employers Consultative Association has expressed concern at the growing unemployment rate as released by the National Bureau of Statistics. In a statement on Wednesday titled ‘NECA expresses concern at the escalating unemployment rate: calls for urgent action’, the Director-General, Dr Timothy Olawale, stated that the recently released data by the NBS were both...

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Nigeria’s cost of governance too high, says Otti

 A former Managing Director of the defunct Diamond Bank, Mr Alex Otti, has said the cost of governance in Nigeria is too high and unsustainable. Otti who was the 2019 governorship candidate of the All Progressives Grand Alliance in Abia State called for the restructuring of the country to streamline and tame the costs of...

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Vitafoam to launch campaign, new products

Vitafoam Nigeria Plc has said it will launch a campaign on the importance of sleep in addition to rolling out innovative products to boost its earnings. In a statement issued by the company’s management on Wednesday to mark this year’s World Sleep Day, the Group Managing Director, Taiwo Adeniyi said low level of sleep reduced...

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Post Assurance Brokers gets ISO certification

Post Assurance Brokers Limited has achieved International Standard Organisation 9001:2015 certification. A statement from the company titled ‘Post Assurance Brokers gets prestigious ISO 9001:2015 certification’, said the certification came after a thorough and transparent audit process carried out by DNV-GL, an international certifying body with headquarters in Norway. According to the firm, the ISO 9000 […] Read Full Story

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NCC concludes regulatory processes on e-waste

The Nigerian Communication Commission has said it is concluding processes to issue regulations on electronic waste. The Executive Vice Chairman of the NCC, Prof. Umar Danbatta, stated this during a press conference to commemorate the World Consumer Rights Day 2021 themed ‘Tackling plastic pollution’ in Abuja on Monday. [READ ALSO] AstraZeneca fear: Vaccination suffers setback, […] Read Full Story

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Innoson denies acceptance of crypto for car purchases

Innoson Vehicle Manufacturing has denied alleged partnership with Zugacoin Cryptocurrency for the use of crypto currencies in purchasing vehicles. The Head of Corporate Communications and Affairs, Innosen Group, Cornel Osigwe, debunked the allegations on Monday in a statement titled ‘Re: Nigerian Cryptocurrency to be used to buy Innoson vehicles’. He stated that the company did […] Read Full Story

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Subscribers insist on pay-as-you-go billing system

Subscribers under the aegis of the Association of Telephone, Cable TV and Internet Subscribers have insisted that cable television services providers should implement pay-as-you-go billing system. The National President, ATCIS, Sina Bilesanmi, while marking the year’s World Consumer/ Subscriber Rights Right Day in Port Harcourt on Monday, charged the Nigerian authorities to direct pay-tv operators […] Read Full Story

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USSD disconnection: Emefiele, Pantami, Danbatta meet banks, telcos today

Governor of Central Bank of Nigeria, Godwin Emefiele, Minister of Communications, Dr Isa Pantami, and the Executive Vice Chairman of the Nigeria Communications Commission, Prof Umar Danbatta, will on Monday meet banks and telecoms operators over threat by telcos to disconnect Unstructured Supplementary Service Data to banks today. The Federal government had directed Mobile Network […] Read Full Story

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SIMS Digital Centre opens Ajah branch

Temiloluwa O’Peters SIMS Digital Centre, the official representatives of Samsung, Royal, Panasonic and other international brands in Nigeria, has opened an ultramodern branch in Ajah, Lagos. A statement issued by the company on Sunday said the showroom was located at Lakeview Estate, Eleganza Complex, Lekki-Ajah Expressway, Lagos. According to the SIMS Executive Director, Corporate Services, […] Read Full Story

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Telcos to withdraw USSD services to banks

The Association of Licensed Telecommunications Operators of Nigeria has said they would disconnect Financial Service Providers from Unstructured Supplementary Service Data services from March 15, until they pay their over N42bn debt. The association announced this in a statement titled ‘Withdrawal of USSD services to financial service providers due to huge indebtedness to telecom network […] Read Full Story