NDLEA Intercepts 1.9million Tablets of Tramadol, Codeine at Lagos Airport

Operatives of the National Drug Enforcement Agency, NDLEA, have seized over 1.9 million tablets of Tramadol and Codeine imported into the country from Pakistan and United Kingdom through the Murtala Muhammed International Airport, MMIA, Ikeja Lagos. A statement released by Femi Babafemi, Spokesman of the NDLEA stated that of the total seizures, 40 cartons of…

Eko Bridge Fire Outbreak: Lagos Gives Squatters 48 Hours’ Notice to Vacate Area

Following Wednesday morning fire incident that engulfed some makeshift shops and containers under the Eko Bridge at Oke Arin, Apongbon, thereby affecting some parts of the bridge, the Lagos State Government has issued a 48 hours’ notice to squatters under the Bridge to vacate the area. The Special Adviser to the Governor on Central Business…

Fintechs & Merchants Laud Fidelity Bank for New Digital Payment Solution

Leading Nigerian bank, Fidelity Bank Plc, has been commended for simplifying digital payments and the customer journey following the recent launch of PayGatePlus, a one-stop solution for payments that caters essentially for all business categories within the financial ecosystem. Powered by OnePipe, PayGatePlus is a next-generation embedded finance platform which enables organisations in any sector…

Stanbic IBTC Tasks Nigerian Investors to Tap into AfCFTA to Boost Intra-Africa Trade

Stanbic IBTC Bank PLC, a subsidiary of Standard Bank Group, has urged Nigerian investors and business owners to harness and maximise the business opportunities that are inherent in the African Continental Free Trade Area (AfCFTA) agreement. This will help boost intra-Africa trade beyond the current level of 17 per cent as well as promote industrialisation…

Buhari impressed with Dangote’s $2.5bn Fertiliser plant, Says Nigeria to Witness Agric Boom

President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalisation has been a focal point of his administration’s economic policy. The new plant, which he commissioned in the…

New Electoral Act: Senate to Discuss Court’s Judgment Wednesday

The Senate, will tomorrow, Wednesday, March 23, 2022, consider a motion to discuss the recent judgment by a Federal High Court sitting in Umuahia, nullifying the provisions of Section 84(12) of the newly amended Electoral Act 2022 passed by the National Assembly. Justice Evelyn Anyadike, in a judgment, held that the Section of the Act…

Heritage Bank Plc, Lagos Commodities and Futures Exchange (LCFE) and other participating financial institutions explored opportunities on export revenue from the Commodities Ecosystem as part of its supports to the Central Bank of Nigeria’s (CBN) to raise $200billion in foreign exchange repatriation from the non-oil exports over the next three to five years. At a…

Buhari Summons Imo Governor, Power Minister, Economic Adviser

President Muhammadu Buhari on Monday summoned Imo State Governor, Hope Uzodinma and the Minister of Power, Abubakar Aliyu, as well as the Chief Economic Adviser, Prof Doyin Salami, to a meeting at the Presidential Villa on Monday afternoon. Senior Special Assistant to the President on Media & Publicity, Garba Shehu made this known in a…

Father of 4 Arrested With 20.75kg Black Liquid Cocaine in Makeup Mascara

Operatives of the National Drug Law Enforcement Agency, NDLEA have arrested Okeke Adolphus Anayochukwu, a 52-year-old father of four children who claims to be a businessman, with black liquid cocaine at the Nnamdi Azikiwe International Airport, NAIA. A statement by Femi Babafemi, Director, Media and Advocacy said Okeke was arrested with 20.75 kilograms of the…

Fuel Crisis: APC is Kneeling on the Necks of Nigerians, Says PDP

The Peoples Democratic Party (PDP) has cautioned the All Progressives Congress (APC) administration that its unrelenting culture of arrogance, impunity and criminal pillaging of the national resources is akin to kneeling on the necks of Nigerians. The opposition party warned that there is a limit to what the people could bear under an administration that…