Yearly Certification of Lagos Drivers Compulsory—LASDRI Boss

By Bliss Okperan Users of ride-hailing mobile applications like Uber, Bolt, LagRide and others may have to submit their National Identification Number (NIN) for registration before using the services if the demands of the Amalgamated Union of App-based Transporters of Nigeria are granted by the federal government. The group has asked the government to force the ride-hailing companies to capture the NIN of passengers before ordering a ride. The drivers made this request because of the incessant killing of their colleagues by hoodlums across the country. In a statement made available to journalists, the ride-hailing drivers said if this demand

By Adedapo Adesanya Ride-hailing service, inDrive, has announced an investment of over seven million Rand to acquire top-notch car seat covers across Africa to create comfort for its customers. The mobility and urban service headquartered in California, USA, has distributed this to drivers in one of its crucial market, South Africa. inDrive, has seen extensive distributions in major cities like Johannesburg, Pretoria, and Durban. According to a statement seen by Business Post, this underscores the company’s unwavering commitment to the drivers and passengers that constitute the backbone of the gig economy. “The local driver community has greeted this initiative with

By Aduragbemi Omiyale The Chairperson and Managing Director of Volkswagen Group South Africa (VWSA), Ms Martina Biene, has been elected as the new president of the African Association of Automotive Manufacturers (AAAM). She was chosen to take over the leadership of the organisation, established in November 2015, from Mr Mike Whitfield, who has been president since July 2020. AAAM is the only African body focusing on the expansion and deepening of the automotive industry across the continent, by working with governments to shape policies that will attract investors to unlock the economic potential of the continent and align a global

By Adedapo Adesanya Five Nigerian transport startups have emerged from Seedstars and Lab of Tomorrow (LoT) 17, an innovative programme aimed at transforming Nigeria’s transport and e-commerce sectors. These are CargoLink, Efotainer, MonieMove, SHAPP, and Trade Tracka. These selected startups will bring fresh ideas for overhauling intercity and last-mile transport services for people and goods in Nigeria. In a statement seen by Business Post, LoT 17 focused on Nigeria, where the booming e-commerce and logistics sectors are poised for technological innovation. However, challenges remain, especially in terms of transportation quality and the sector’s largely informal nature. The programme, thus, targeted

By Dipo Olowookere For collaborating to develop a technological solution posed to provide Nigerians with easier access to National Health Insurance, a group of nine teenage students has been named winners of the InterswitchSPAK 1.0 Innovation Challenge, qualifying them for the InterswitchSPAK 1.0 Founder’s Award. Winners of the challenge, Team Neptune, comprises nine SS2 kids, were mentored by the trio of Princess Edo-Osagie, Inalegwu Alogwu and Abiodun Adebisi.  They were tasked to propose a solution that promotes an all-inclusive health insurance scheme in Nigeria, leveraging technology. The nine-man team’s health solution, which incorporated the current National Health Insurance Scheme (NHIS),

By Dipo Olowookere One of the leading oil firms in the country, Oando Plc, will on Friday, July 27, 2018, hold its 41st Annual General Meeting (AGM). The yearly meeting is slated to take place at the prestigious Eko Hotels and Suites, Victoria Island, Lagos, by 10am. During the event, shareholders of the company will receive the audited financial statements of Oando for the year ended December 31, 2017 and the Reports of the Directors, Auditors and Audit Committee thereon. According to a notice released by Oando, the shareholders would also be expected to re-appoint Ernst & Young as Auditors

By Modupe Gbadeyanka Nigeria’s National Pension Committee (PenCom) boss, Mrs Chinelo Anohu-Amazu, has disclosed that despite how people downgrade Africa, the continent was still very attractive to foreign investors. Mrs Anohu-Amazu said, “There is a lot of talk around retrenching from Africa but I’m not seeing this at all,” pointing out that, “Look at what the International Finance Corporation (IFC) are doing in the region for instance. If you look at the amount of money they are putting into Africa, I wouldn’t say this meant that investment was scaling back at all.” Her remarks come at a time when private

By Dipo Olowookere Not less than 100 fire servicemen have been recruited by the Lagos State Fire Service to boost effective service delivery and extend operational coverage. The recruits are presently undergoing training at the Lagos State Fire Service Training School in Ikeja, the state capital. Director of Fire Service, Mr Rasak Fadipe, during an unscheduled visit to the training school, urged the newly recruited officers to bring to useful advantage their diverse experiences and knowledge to the betterment of the service. Mr Fadipe stated that the newly employed have joined a disciplined service which is sensitive to emerging challenges

The football season is nearing its logical conclusion. That is why it is now especially important to track livescore confrontations from different parts of the world. The fact is that the position of teams in the tournament tables may ultimately depend on the outcome of each confrontation. One of the main intrigues of the remainder of the season is the fight for the victory in the Champions League. The new Eurocup format gives beginners more chances to enter the next stage of the competition. However, this doesn’t mean at all that the recognized favourites intend to voluntarily give their titles

By Modupe Gbadeyanka On Wednesday, October 25, 2017, the Debt Management Office (DMO) raised a total of N121.3 billion from the bond market. This was N21.3 billion more than the debt office had wanted to raise from the exercise, N100 billion. Data released by the DMO after the auction revealed that the five and 10-year debt notes were sold at a flat rate of 15 percent. Business Post gathered that the 5-year paper, which matures on July 15, 2021, was allotted N3 billion at 15 percent, while the 10-year note was sold for N97 billion at 15 percent also. Before

By Adedapo Adesanya MultiChoice Group, the owners of DStv, has announced a joint venture with Rapyd and General Catalyst to develop an integrated payment platform for Africa called Moment. In a statement, the company said Moment would offer expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment, according to Multichoice, will also offer additional options for consumers to spend and save money more wisely. “The aim is to transform the African payments landscape by making digital payments more accessible and

By Dipo Olowookere A passenger with Air Peace identified as Mr Christopher Aniagboso got more than he bargained for on Monday when he was de-boarded by the airline over claims that he could not communicate in English during safety briefing. During safety briefing for passengers in the over-wing exit seats, the passenger asked the cabin crew to translate the briefing to him in Igbo language and not English as is the standard, claiming Igbo language is his preferred choice of communication. However, the cabin crew declined Mr Aniagboso’s request and when he refused the offer by his co-passengers on the