Sanwo-Olu Suspends LASBCA GM Over Ikoyi Building Collapse

By Adedapo Adesanya Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) following the signing of a fresh arrangement. The agreement was signed in the presence of the Managing Director of Tata International Limited, Mr Anand Sen, by the Managing Director of Tata Africa Holdings Pty Ltd, Mr Len Brand. This move will help Tata International build on its existing relationship in the country since 2006 when it established operations in Nigeria. “As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to

By Adedapo Adesanya  The Kwara State Government has announced the signing of a Memorandum of Understanding (MoU) with IHS Nigeria for the development of a technology innovation facility in the state. In a statement released by the government’s spokesperson, Mr Rafiu Ajakaye, it was said that Mr AbdulRahman AbdulRazaq, the governor of the state, signed the MoU alongside IHS Nigeria CEO, Mr Mohamad Darwish, at a brief ceremony attended by several officials in Ilorin, Kwara State on Saturday, November 18, 2023. The project tagged Ilorin Innovation Hub is part of the state government’s efforts to stimulate and deepen the alignment

By Modupe Gbadeyanka The Programme Coordinator for Media and Policy at the Social and Economic Justice Advocacy (SEJA), Mr Jerome-Mario Utomi, has challenged the Lagos State government to lead the movement against environmental injustice. Mr Utomi, while speaking on Tuesday as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, the Netherlands, also advised the government to stop being the coach and captain during environmental conversations. At the panel discussion themed “The role of multi-stakeholder engagement in achieving environmental justice, he noted engagement and collaboration have been overused by those in the position of

By Bliss Okperan The Deputy Governor of Edo State, Mr Philip Shaibu, has announced his interest in the governorship election slated for 2024. Mr Shaibu, who fell out with former Governor Adams Oshiomhole to pitch his tenth with Governor Godwin Obaseki, declared his interest in the number one office of the state on Monday. In a televised announcement, the former student union leader said he intends to govern the state because of his desire to transform the Heartbeat of the Nation. According to him, his past records will make it easy for him to clinch the sole ticket of the

By Adedapo Adesanya Nigeria’s positive economic policy developments in the last couple of months have attracted the attention of one of the world’s leading ratings agency, Standard and Poor’s, stylised as S&P. One of S&P Global’s top sovereign rating analysts, Mr Gill, said that Nigeria, Africa’s largest economy as well as Kenya were seeing positive responses but added that South Africa was a slow-moving story of steadily rising debt to GDP. Nigeria is a country that S&P is now “watching closely,” Mr Gill said at the firm’s emerging market conference in London, the United Kingdom, on Tuesday. “It’s on a

By Dipo Olowookere A regular session of the Intergovernmental Russian-Nigerian Joint Commission on economic, scientific and technical cooperation will be held in Abuja on November 11, 2016, Business Post has learnt. The Russian Side of the Commission will be led by the Minister of Agriculture, Mr Alexander Tkachev, while the Nigerian Side will be headed by the Minister of Foreign Affairs, Mr Geoffrey Onyeama. In the course of the visit to Abuja, Mr Tkachev will have meetings with the Nigerian leadership, in the Ministry of Foreign Affairs and the Ministry of Agriculture and Rural Development, ECOWAS Commission, with prominent Nigerian

By Ahmed Rahma An energy company, Ikeja Electric (IE) Plc has charged one Mr Saheed Olanrewaju, also known as Usama, to court for allegedly stabbing one of its employees, Mr Popoola Olakunle, on the head. It was said that the suspect attacked the electricity distribution company’s staff while carrying out his lawful duty of duty at Oladeroun area, New Oko-Oba in Fagba area Lagos last week. While arraigning Usman in court on Friday, it was disclosed that the accused person resides on 12, Abiodun Street, Iju-Ishaga in Fagba. On Tuesday, March 16, Usama, with the assistance of the traditional ruler’s

By Modupe Gbadeyanka A group has picked holes in the protests against the former Governor of Delta State, Mr Emmanuel Uduaghan, saying it is the handiwork of political mischief makers. The group, under the aegis of Action Youths for Good Governance (AYGG), said these protests were geared towards the 2019 general elections. Mr Uduaghan has recently become a major target of his political enemies, who are scared of his popularity in the oil-rich state, especially with his giant strides as Governor of Delta State. Earlier, the AYGG had alerted members of the public, especially residents of the state, of efforts

By Jerome-Mario Utomi To buttress the imperatives of Corporate Social Responsibility (CSR) practice to the nation, Barrister Babatunde Raji Fashola (SAN), the former Governor of Lagos State and now the Minister for Housing and Works, while commissioning the Ajose Adeogun Street, a road executed by Zenith Bank, in September 2008, remarked as follows that, “We recognize that the engine of growth and development for any developing nation today lies in the ability to strategically cultivate and harness private as well as public sector effort, thereby opening up vistas of opportunities for the public-private partnerships that will contribute not only to

By Adedapo Adesanya Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested two ladies and six men over attempts to import hundreds of cocaine pellets into Nigeria and export thousands of Tramadol 255mg tablets among other illicit drugs to Europe and Dubai. According to the NDLEA in its weekly statement, the suspects were apprehended at the Nnamdi Azikiwe International Airport (NAIA), Abuja; Akanu Ibiam International Airport (AIIA), Enugu, and Murtala Muhammed International Airport (MMIA), Lagos. According to the NDLEA spokesperson, Mr Femi Babafemi, the streaks of arrests and seizures began on Sunday, July 17, 2022, when a 52-year-old

By Adedapo Adesanya FMDQ Securities Exchange achieved a 13.7 per cent growth in its turnover in its Fixed Income and Currency (FIC) operations in the month of July. Data from the exchange said the turnover for the month rose to N18.7 trillion from N16.5 trillion achieved in June 2020. Giving a breakdown, a report from FMDQ indicated that open market operations (OMO), money market transactions and unsecured placements remained the highest contributors to the FIC markets in the month under review. Specifically, they all accounted for 60.2 per cent of the total FIC market turnover against 55.4 per cent posted

World’s largest thin-film solar power solution company, Hanergy Thin Film Power Group, showcased its path-breaking solar-power products, at the 22nd edition of The Solar Show Africa 2019, Africa’s largest and longest running power and electricity show that lasted from March 26-27. As part of the two-day exhibition and conference held at Sandton Convention Centre, Johannesburg, Hanergy showcased a series of its most promising solar solutions, such as HanTile, HanWall, HanBrick, Humbrella, HanPack, HanPaper, Solibro Slide-In mounting system, GSE & MiaSolé Flex modules, presenting solar-powered solutions for industries, and residential individuals. The show welcomed over 8000 attendees and hosted a mecca