Month: July 2022

How to Sell With SquadPOS

As the world moves toward more mobile POS and contactless payment options, we saw the need to create an affordable and reliable payment solution that all kinds of businesses can take advantage of — whether micro, small or large. Therefore, SquadPOS was created — to make receiving payments quicker, easier, and more reliable, so that…

LCFE, Heritage Bank, Others Unlock N445trn Commodities Ecosystem for Economic Industrialization

Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a crude oil dependent economy to other critical economic sectors. This was revealed at the historic Commissioning Ceremony and Official Launch of Lagos Commodities & Futures…

Innoson Vehicles Sues Imo State Government over N2.5B Debt

Nigeria’s indigenous vehicle manufacturing company, Innoson Vehicles Manufacturing (IVM) has filed an over N2.5B lawsuit against the Imo State Government under the headship of Senator Hope Uzodinma over its failure to pay or service the debt of N2,547,666,435.00 (Two Billion, Five Hundred and Forty-Seven Million, Six Hundred and Sixty-Six Thousand, Four Hundred and Thirty-Five Naira).…

Economy: Dangote Petrochemical Plant to Position Nigeria as Polypropylene Hub in Africa

  The Dangote’s $2 billion Petrochemical Plant located in Lagos when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko Dangote. The 900,000 metric tons per annum capacity Plant, which is being built alongside the 650,000 barrels…

NDLEA Arrests 8 Over Lagos, Abuja, Enugu Airports Cocaine Busts

At least two ladies and six men have been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA, over attempts to import hundreds of cocaine pellets into Nigeria and export thousands of Tramadol 255mg tablets among other illicit drugs to Europe through the Nnamdi Azikiwe International Airport, NAIA, Abuja; Akanu Ibiam International Airport,…

Nigeria’s Unity Beyond 2023, My Priority, Buhari Tells APC Stakeholders

President Muhammadu Buhari Friday in Abuja told stakeholders of the All Progressives Congress (APC) that the unity, security and prosperity of the country would matter most to him, beyond his days in office as President. The President expressed delight that the party is on towards that eventuality. He thanked the delegation led by the National…

Duchess Hospital Ikeja Is Very Affordable, Costs N5000 to See A Doctor – CEO

The Chief Executive Officer of Duchess International Hospital, Dr Adetokunbo Shitta-Bey has stated  that the Duchess Hospital’s main priority is access to affordable world-class healthcare hence with as little as N5000 you can register as a patient and see a doctor for consultation. Speaking as a guest on Arise TV The Morning Show this week…

Dangote Industries Completes Issuance Of ₦187.6bn Series 1 Fixed Rate Senior Unsecured Bond

Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified and fully integrated conglomerate in Nigeria and Africa, is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”), which is the largest corporate bond ever issued in the history of the Nigerian capital market This landmark transaction…