Okada ban: Port users stranded, ride bicycles, as operators desert Apapa
Okada ban: Port users stranded, ride bicycles, as operators desert Apapa • Lagos advises schools on security Hundreds of port users were yesterday stranded and left with no choice than to trek kilometers from Apapa to Tin Can Island Ports amongst other long distances to meet up with their business engagements as the ban on Okada operators kicked off in six local government areas of the state. A visit to the two seaports in Lagos by our reporter saw operatives of the Nigeria Police Force patrolling the two ports as motorcyclists flouting the…
Lekki Port ready to take delivery of STS cranes, RTG equipment
Lekki Port ready to take delivery of STS cranes, RTG equipment As completion of the Lekki Deep Sea Port draws closer, the management of Port said it is set to take delivery of three new-generation Ship to Shore (STS) Cranes and 10 Rubber Tyred Gantries (RTG) from Shanghai, China ahead of the start of port operations. The Ship to Shore (STS) cranes will be able to service the largest container vessels currently sailing the oceans, which can carry more than 18,000 twenty-foot equivalent units (TEUs). The specifications of the STS cranes include …
APC Presidential Primary: Confusion, Horse-Trading Among Govs
APC Presidential Primary: Confusion, Horse-Trading Among Govs Chieftains of the ruling All Progressives Congress (APC) are in frenzy over the choice of the party’s presidential flag bearer as major stakeholders engage in horse-trading ahead of the national convention of the party slated for June 6, 7 and 8. President Muhammadu Buhari while addressing a meeting of the Progressives Governors Forum (PGF) on Tuesday had asked the 22 governors of the party to support his bid to pick his own successor. “In keeping with the established internal polic…
OGSG TO SUPPLEMENT LGAs’ MAY 2022 ALLOCATION WITH OVER N392M
OGSG TO SUPPLEMENT LGAs’ MAY 2022 ALLOCATION WITH OVER N 392M Ogun State Government will supplement Local Government Allocation from the Federal Government with a sum of N 392,498,944.60, to meet up with the first line charges for the month of May, 2022. Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo, while presenting the summary of the allocation said N 3,179,278,635.45 was to be shared among the 20 Council Areas in the State. Okubadejo, represented by the Permanent Secretary and Accountant…
Wema Bank Among Best Five Banks in Q1 2022
Wema Bank Among Best Five Banks in Q1 2022 The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in real GDP. This is also evidenced by the performance of the twelve commercial banks listed on the Nigerian Exchange (NGX). Wema Bank proved its mettle in the key metrics of total assets growth, customer deposit growth, profit after tax growth, loan book growth, return on average equity and cost to income ratio. According to a special report on the financial performa…
Enugu Agog as Bayelsa and Rivers win Milo Basketball Championship
Enugu Agog as Bayelsa and Rivers win Milo Basketball Championship Teams from Bayelsa and Rivers States set Enugu – the coal city – agog on Friday May 27, 2022, when they emerged champions in the girls and boys categoriesrespectively at the Equatorial Conference of the 22nd Milo Secondary Schools Basketball Championship. St. Jude’s Girls Secondary School, Amarata, Bayelsa State defeated Our Lady of Lourdes Secondary School, Azu-Ebonyi, Ebonyi State 43 to 6 in a one-sided match, while in a nail-biting encounter, the boys from King Amachree Aca…
EXCITEMENT IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN
EXCITEMENT IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, but that it demonstrated the fact that the recovery is real. For the shareholders of the Nigerian banking behemoth, First Ba…
.gif)
Social Plugin