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Customs Seizes Bullet-Proof Cars In Ikoyi, Lagos

Nigeria Customs Service, (NCS) has impounded some bullet-proof vehicles from a park in Ikoyi, Lagos. According to the Customs, the operation was based on intelligence reports and ownership of the vehicles remains a mystery as nobody has come forward to claim them. Mohammed Garba, the Customs...

TCN Explains Power Outage In Some Lagos Communities

The management of Transmission Company of Nigeria (TCN) has attributed the inadequate power supply in some communities in Lagos to upgrading of its transformers at Ejigbo and Alimosho transmission sub-stations. Mrs Celestina Osin, the Principal Manager (Public Affairs), TCN, Lagos Region, disclosed this in an...

Compulsory Insurance And Nigeria’s Economy

Insurance in Nigeria started gaining ground in the early part of the nineteenth century. The British Bank of West Africa started operating as an insurance agent in 1894, while the Royal exchange assurance of London was the first to set up a branch office...

2016 Viability Index: Lagos Generates More IGR than 30 States Combined

Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account Lagos Generates More IGR than 30 States Combined … Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa The Economic Confidential, the award winning...

‘Reforming Oil, Power, Mining, Aviation Sectors Key to Economic Recovery’

For the federal government to take the nation’s economy out of its recession and place it on a sustainable growth path,  there must policy reforms in  oil, power, mining, aviation sectors. The is the assertion  of analysts at Afrinvest (W.A) Limited, a Lagos based investment banking firm in its Economic and Financial...

Lagos to Sell Special Rice N13,000 for Xmas

Lagos State government is planning to sell special rice at N13,000 per 50kg bag for the Xmas and New Year Celebrations. The government said it would roll out Lake Rice on December 15, 2016 to Lagosians at fixed price of N13,000. Mr Sanni Okanlawan, Special Adviser...