EEDC Assures Customers More Power Supply from November

By Adedapo Adesanya The Nigerian Maritime Administration and Safety Agency (NIMASA) has been chosen as the best federal government agency in Digital Transformation. This recognition came from the Presidency through the Bureau of Public Service Reforms (BPSR). In a statement, it was disclosed that the Director-General of the maritime regulator, Mr Bashir Jamoh, has been nominated to receive the distinguished GovTech Trailblazers Award for his exemplary leadership. The BPSR explained that the nominees were picked from a nationwide nomination and online voting process initiated by the bureau, as well as a detailed analysis of the performance of all government MDAs

By Bliss Okperan The Sokoto State Election Petition Tribunal will on Saturday, September 30, 2023, deliver a judgement on the petition filed by the candidate of the Peoples Democratic Party (PDP) in the governorship election in the state, Mr Sa’idu Umar. Mr Umar challenged the victory of the Governor of Sokoto State, Mr Ahmed Aliyu, who contested the poll under the platform of the All Progressives Congress (APC). He said Mr Aliyu was not qualified to partake in the poll and also alleged electoral fraud during the March 18 governorship election. In a press release, the court stated that, “Take

By Bliss Okperan The Lagos State Waste Management Authority (LAWMA) has announced the immediate closure of the popular spare parts market, Ladipo Market, over an “unhygienic environment.” In a statement on Friday, the waste management agency said it shut down the market due to the unwholesome environmental practices by traders who refused to pay for waste services alongside the poor waste management. The Commissioner for Environment and Water Resources in Lagos, Mr Tokunbo Wahab, said the market would remain closed until the mandatory conditions of redress have been met by traders and market stakeholders. “It is imperative that markets in

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed marginally lower by 0.02 per cent on Monday on the back of a price depreciation in Central Securities Clearing Systems (CSCS) Plc. The stock, which was the only price loser yesterday, went down by 5 kobo or 0.29 per cent to sell at N16.95 per unit compared to the previous session’s N17.00 per unit. At the close of transactions, it reduced the market capitalisation of the OTC securities exchange by N250 million to N1.05 trillion from N1.06 trillion and sliced the NASD Unlisted Securities Index (NSI) by 0.19 points to

By Modupe Gbadeyanka ExxonMobil has provided not less than $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14. Of this amount, $250,000 will be contributed to the American Red Cross for ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. ExxonMobil’s affiliate ExxonMobil Moçambique Limitada will contribute another $50,000 to organizations operating in Mozambique that are assisting the government with disaster relief efforts. “We are deeply saddened by the impact of Cyclone Idai on Mozambique and surrounding countries,” said Darren W. Woods, ExxonMobil

By Modupe Gbadeyanka In order to avert outbreak of monkey pox in the metropolis, the Lagos State government, in collaboration with the Federal Ministry of Agriculture, the National Centre for Disease Control (NCDC) and African Field Epidemiology Network (AFENET), commenced a surveillance tour of livestock and bush meat markets to test animals for components of the disease. Over the weekend, Lagos State Commissioner for Agriculture, Mr Gbolahan Lawal, received members of the One Health Team of the National Centre for Disease Control, and noted that the exercise was aimed at preventing the outbreak of monkey pox disease in Lagos. Mr

By Dipo Olowookere Plans have been concluded by Chinese automaker, SAIC Motor Corporation Limited, to launch its first manufacturing plant of in Africa. This is part of the firm’s expansion drive into the African market. The new factory will be situated in Tunisia, a northern African nation. Recently, SAIC Motor signed an agreement with a Tunisian firm, Meninx Holding, for the setting up of the plant in the country to serve African and European markets. SAIC Motors noted that the new deal forms part of its strategic expansion agenda to become a leading player in the world automobile industry. In

By Dipo Olowookere Business Post has updated the list of dividends declared so far in 2020 by companies trading their shares on the Nigerian Stock Exchange (NSE). The list, like in the previous one, comprises the date the dividend was declared, the amount, qualification date, closure of register date and payment date. The names have been arranged in alphabetical order to aid quick cross-checking. We promise to regularly update the list as more companies announce their dividends.

By Dipo Olowookere Vice-President of India, Shri M Hamid Ansari, accompanied by Smt. Salma Ansari, is in Nigeria at the invitation of his Nigeria’s counterpart, Prof Yemi Osinbajo, India and Nigeria relations have traditionally been and friendly and the bilateral partnership was elevated to strategic partnership in 2007. India is Nigeria’s largest global trading partner and Nigeria is India’s largest trading partner in Africa with the bilateral trade amounting to $12.6 billion in 2015-16. India is also the largest buyer of crude oil from Nigeria (approximately 12% of the crude oil requirements are met through imports from Nigeria). Indian companies

**As 44% of Nigerians Have Access to Basic Sanitation Services By Modupe Gbadeyanka A report released on Tuesday by the federal government has revealed that 44 per cent of the population in Nigeria now have access to basic sanitation services in 2019. The survey, conducted in conjunction with the National Bureau of Statistics (NBS), UNICEF and the African Development Bank (AfDB), showed that this was an improvement from the 42 per cent recorded in 2018. However, UNICEF has advised Nigeria to make urgent investments in basic sanitation and this should include a partnership with the private sector, communities and young

By Dipo Olowookere The planned protest for Monday, August 5, 2019 organized by Publisher of Sahara Reporters, Mr Yele Sowore, has been described as criminal, treason, felony and an act of terrorism by the Nigeria Police Force. A statement signed by the spokesman of the NPF, Mr Frank Mba, warned organisers of the march to desist from going on with the demonstration or be prepared to face the full wrath of the law. In the early hours of Saturday, Mr Sowore was picked up by men of the Department for State Services (DSS) at his Ikeja, Lagos residence and taken