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Business

March, 2022

  • 17 March

    Davido to donate N20m to 20 business owners…send your biz idea now!

    Popular award-winning singer, David Adeleke, popularly known as Davido, has revealed his plans to donate N20m to 20 business owners. The Afro-pop singer announced this on his Twitter page on Wednesday, where he called on business owners to send their ideas to him. “Nigeria is hard right now. Let’s give N20m to 20 people on Friday. Send in your business ...

  • 16 March

    Motorists take note, toll payments returns at Lekki after 18 mths

    The Lekki Concession Company (LCC) has announced the commencement of toll operations at the Lekki-Ikoyi link bridge plaza in Lagos. LCC had suspended operations at the Lekki tollgate after the shooting of protesters during the #EndSARS protest on October 20, 2020. Some facilities at the toll plaza were also destroyed during the protest. In February 2021, the state judicial panel ...

  • 12 March

    FG shuts illegal online banks, freezes business accounts

    The Federal Competition Consumer Protection Commission, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force, on Friday, raided some illegal financial institutions operating on Opebi Road, Ikeja, Lagos. Among the financial institutions affected were, GoCash, Okash, EasyCredit, Kashkash, Speedy Choice, Easy Moni. The raid, the FCCPC said, ...

  • 11 March

    Lagos suspends NURTW from parks

    The Lagos State Government has been watching closely events in the National Union of Road Transport Workers Union (NURTW). There have been claims and counter claims over the control of the union. The Government has a duty to ensure the safety of lives and property of all Lagosians and visitors. Therefore, there is an urgent need to douse the unnecessary ...

  • 10 March

    6 Nigerian Airlines Form Alliance over challenges

    Six Nigeria airlines have launched the ‘Spring Alliance’ partnership to support each other operationally and provide succour for passengers and forestall delays or cancellations when any of the airlines involved are unable to operate a flight for any reason. The airlines, which include; Air Peace, Arik Air, Azman Air, United Nigeria Airline, Aero Contractors and Max Air signed the alliance ...

  • 8 March

    Passengers stranded as BRT suspends operation over Bamise’s murder

    Passengers were left stranded Tuesday morning at the various Bus Rapid Transit terminals across the state with no bus in sight. There are speculations the BRT has suspended operations for fear of attack following the death of 22-year-old Bamise Ayanwole, who was allegedly abducted and killed after boarding a BRT vehicle on Friday. At the Ikorodu BRT terminal, there were ...

  • 1 March

    It’s Official.. Pure Water Price Increased – Association

    The Association of Table Water Producers (ATWAP) says it has increased the price of a bag of sachet water from N150 to N200 with immediate effect due to rising production costs. The Oye-Ekiti and Ikole-Ekiti Zonal Chairman of the association, Tale Oguntoyinbo, announced this in a statement in Oye -Ekiti on Friday. Mr Oguntoyinbo said the price increment was necessary ...

  • 1 March

    Oil marketers wave aside
    NUPENG ultimatum as leaving substance for irrelevant

    Chairman, IPMAN Benin Depot, Mr Douglas Iyike, has said, while reacting to a directive issued by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) asking that the price should be reversed. The reason According to him, the increment is due to the hike in the ex-depot price of petrol which should be the area where NUPENG should direct ...

  • 1 March

    “Black markers so powerful, won’t allow fuel scarcity to disappear”

    The federal government may clamp down on black marketers of petroleum products soon, even as it tackles the scarcity of the product headlong. A source in the midstream and downstream regulatory authority has said that the activities of the black markers were worrisome and if serious actions and measures were not taken, the current scarcity won’t disappear as expected. He ...

  • 1 March

    NNPC, FG still urging for Patience.. ‘There’s Sufficient Stock of Petrol’

    NNPC Ltd. once again assures Nigerians that it has sufficient stock of petroleum products for distribution across the country, and is working assiduously with partners to ensure the product reaches every part of the country. NNPC is further intensifying efforts to resolve distribution hitches being experienced in some parts of the country due to logistics issues. To this effect, NNPC ...