Lagos State Governor, Mr Babajide Sanwo-Olu has reversed the amendment of the Land Use Charge effected by the administration of his predecessor, Mr Akinwunmi Ambode in 2018. Specifically, the government cancelled the 2018 land use charge and reverted to pre-2018 land use charges. The decision was announced today at …

FMN (Flour Mills of Nigeria PLC) the largest Agro-Allied and food group on the Continent of Africa, recently announced its audited financial performance for the 2019/2020. The report released on the 3rd August to the Nigerian Stock Exchange, highlights a number of remarkable achievements despite the prevailing economic headwinds and …

Acts as Facility Agent Bank for Nigerian Commercial Banks in the $1.5 Billion Facility to Boost Nigerian Oil Production and Government Revenue Lagos, 05 August 2020…// The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks …

The downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC) has fixed the ex-depot price of premium motor spirit, known as petrol, at N138.62 per litre. PPMC disclosed this in a memo signed by its Manager, Sales, Mohammed Bello, in Abuja on Tuesday. The ex-depot …

A stray bullet from the gun of a suspected cultist has killed a four-month-old baby while in the warm arms of his mother in Awka, capital of Anambra State. It was gathered that the mother of the baby, identified as Mrs. Okoro, boarded a tricycle (Keke Napep) from Eke Awka …

Seventeen of the 24 members of Edo State House of Assembly are backing the governorship candidate of the All Progressives Congress (APC), Pastor Osagie Ize-Iyamu. Deputy Speaker Yekini Idiaye, who represents Akoko-Edo Constituency I, and four other members also pledged support for Ize-Iyamu. Idiaye was on Monday joined by Emmanuel Agbaje (Akoko-Edo Constituency …

With the spike experienced in the South-West region of the nation amounting to 12,405 cases, South-South with 4,704, North-West with 2,405, South-East with 1,432 and North-East with 1,075 in the month of July, the COVID-19 is seemingly taking a hold of the nation. The Presidential Task Force Chairman, Boss Mustapha …

 First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2020 edition of its annual FinTech Summit is scheduled to hold on Thursday, 6 August 2020 by 12.00 noon. The event will be virtually held via Zoom Meetings.   The 2020 edition of the summit, …

The Africa’s largest food retailer, Shoprite is making plans to exit the Nigerian market after posting continuous losses from its operations in the west African countries. Shoprite said it was planning to discontinue its operations in Nigeria in a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday …