The Corporate Affairs Commission on Monday announced the closure of the manual process for company registration in five states and the Federal Capital Territory. The announcement was made by the Registrar-General, CAC, Mr. Bello Mahmud, during a media briefing held at the commission’s headquarters in Abuja. Mahmud, who gave the states as Enugu, Kaduna, Kano, […]
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Lagos State government disbursed ₦11.75 billion to retirees last year. Commissioner for Establishment, Training and Pensions Dr. Akintola Benson Oke said yesterday the amount was paid into the Retirement Saving Account (RSA) of 2,886 retirees. He said 1,291 were from local governments and SUBEB; 697 from TEPO; 887 from mainstream service and 11 from parastatals.
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Lagos’ target to create one million jobs in two years in achievable, participants at the maiden Alimosho Economic Summit agreed in Lagos yesterday, ROBERT EGBE, who was at the summit reports Lagos State is on track to creating one million jobs by 2019, Executive Secretary Lagos State Employment Trust Fund (LSETF) Akintunde Oyebode said yesterday. […]
Read More The Lagos State government yesterday said it has redeemed the N57.5 billion Bond. The Bond was the second under the state’s initial N275billion Programme, which was launched on December 31, 2008. At the time of its issuance, the Bond was the first sub-national issuance to be undertaken by way of a book build. In accordance […]
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Thirty three ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos from April 24 to May 15. The Nigerian Ports Authority (NPA) made the announcement in its publication, “Shipping Position,’’ in Lagos on Monday. It was said that the ships contained buck wheat, […]
Read More The Lagos State Government has said it is planning to invest N20bn in providing more houses under the rent-to-own scheme. “The state government plans to invest a fresh N20bn in the provision of affordable housing for the residents of the state who are in need of accommodation,” the Commissioner for Housing, Mr. Gbolahan Lawal, said. […]
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The center of excellence of the nation has said it plans to build about 3000 megawatts (Mw) of electricity power plant that would boost the state’s economy. The State Governor, Akinwunmi Ambode who spoke during the Oil and Gas Trainers’ Association of Nigeria (OGTAN) 2017 Inauguration of its National Executive Council members in Lagos, said […]
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Federal High Court in Lagos on Thursday ordered the temporary forfeiture of the sum of 43million dollars, 27,800 pounds and N23 million to the Federal Government. The money was recovered by the Economic and Financial Crimes Commission (EFCC) from an apartment in the Ikoyi area of Lagos on Wednesday. The EFCC had in an ex […]
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Gunmen have shot dead four policemen, an army captain and a civilian in an attack on a community outside Nigeria’s commercial hub of Lagos, police said on Monday. The gunmen invaded Owutu-Ishawo in Ikorodu early on Sunday and kidnapped residents after looting their homes and shops. “Around 1:00am on Sunday, the police received a distress […]
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The Lagos State Government has agreed to inject the sum of N1bn into the Lagos Building Investment Company for it to meet the minimum capital required by the law to remain in operation as a primary mortgage bank. The Managing Director and Chief Executive Officer, LBIC, Folasade Folivi, disclosed this to our correspondent on Friday […]
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As the world yesterday marked this year’s World Health Day with the theme: “Let’s Talk Depression”, the Lagos State Government has raised the alarm over increasing rate of suicide in the state, lamenting that the current recession has made the situation to be worse. To this end, there are plans to commence treatment of depression […]
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The national leader of the All Progressives Congress, Asiwaju Bola Tinubu, on Wednesday said the Lagos State Governor, Akinwunmi Ambode, inherited a burden of debt from previous administrations. Tinubu, who was a two-term governor of the state between 1999 and 2007, said he was worried about how Ambode would handle the debt. He however, stated that […]
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