Chairman, Senate Committee on Industry, Senator Tokunbo Abiru has commended Dangote Sinotruk West Africa for its impressive commitment to Nigeria’s economic development through investment in a vehicle assembly plant in the country. According to him, with Dangote Sinotruk West Africa, Nigeria’s path to self-reliance in vehicle assembling has begun. “We want to encourage the company…
The Lagos State Government has commenced the decontamination exercise of 35 major bird markets in the State to prevent Avian Influenza and other poultry diseases. Speaking on the exercise, the Commissioner for Agriculture, Ms. Abisola Olusanya noted that the decontamination is, among other things, to serve as a proactive and preventive measure against the outbreak…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded more customers in its ongoing Reward4Saving Promo Season 2, with 70 Nigerians from different regions winning ₦100,000 each in its monthly draws, which held recently in Lagos State. The Reward4Saving promo is a nationwide campaign aimed at rewarding customers with cash prizes monthly and…
As heavy rainfall intensifies, leading to flash floods in some parts, Lagos State Government on Tuesday renewed its warning to owners of all structures on drainage alignments and setbacks to relocate to higher grounds. A statement released by the Commissioner for the Environment and Water Resources, Tunji Bello, said many of such buildings have already…
Mr. Farouk Gumel, Chairman, Board of Directors, Union Bank of Nigeria delivered the keynote address that formed part of the theme for the 15th Annual Banking and Finance Conference year’s conference tagged Repositioning the Financial Services Industry for an Evolving Global Context. The two-day event, hosted by the Chartered Institute of Bankers of Nigeria (CIBN),…
Heritage Bank Plc has announced the appointment of Akinola George-Taylor as its acting Managing Director. Following the receipt of the approval of the Board of Directors of Heritage Bank and the Central Bank of Nigeria, the Bank is poised for its next phase of transformation. The new Ag. Managing Director will be overseeing all Heritage’s…
In a renewed effort to rid the Dangote Group of unscrupulous drivers who engaged in illegal haulage activities and others who constituted themselves into menace to other road users, the company’s drivers’ Patrol team, has made several arrests of drivers, and handed them over to relevant authorities. Dangote’s management, it would be recalled, recently solicited…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in the corresponding…
Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, has tendered his resignation letter on Monday. This is coming after the collapse of a storey building in Oniru area of the state on Sunday morning. The State Commissioner for Information and Strategy, Mr Gbenga Omotoso, made this known in a statement, saying…