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NGX remains preferred listing platform for capital raising
Capital market stakeholders have commended Nigerian Exchange Limited (NGX) for providing a vibrant listing platform for government and corporates to meet their business objectives. This was stated during the NGX CEO Roundtable held on Thursday. The event, themed, “Creating the Enabling Ecosystem for Accessing Capital from the Nigerian Capital Markets” brought together key stakeholders in the capital market ecosystem to…
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LASG presents 10 cars, trip to Dubai, cash prizes to outstanding civil servants
Lagos State government has presented brand new cars, cash gifts in dollars and a return ticket to Dubai to ten civil servants for their outstanding service.The presentation, which took place at Lagos Continental Hotel is in celebration of the year 2022 Outstanding Public Servants. Governor Babajide Sanwo-Olu at the event said Lagos public service has continued to raise the bar and rise up to expectations.He…
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Tinubu hails former APC Vice Chairman, Etta, at 60
Presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu has congratulated former National Vice Chairman (South-South) of the party, Chief Hilliard Etta, on his 60th birthday. Tinubu in a statement signed by his spokesman Tunde Rahman, said Etta has paid his dues and contributed immensely to the country and the party. “I specially congratulate APC former National Vice…
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British Airways to cancel 1,500 flights in coming weeks
British Airways will cancel about 1,500 extra flights within the coming weeks because it struggles to deal with the disruption and employees shortages which have hit the journey trade this summer season. The airline on Tuesday mentioned it will minimize its summer season flight schedule addition as a result of the aviation sector going through “the most challenging period in…
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N66.4m fraud: Court threatens to revoke alleged fraudsters’ bail
A Federal High Court in Lagos has vowed to revoke the bail granted two defendants, Seun Awosanya and Amaechi Osita, if they failed and refused to appear before the it to continue with their trial on an alleged N66,450, million fraud. Justice Abimbola Awogboro issued the threat, at Monday’s resumed hearing of the fraud charges against the two defendants. The…
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Sallah: Nigerians groan as prices of ram, other items soars
Fuel scarcity, inflation and the parlous state of the economy have driven up prices of rams, cows and other items few days to this year’s Sallah celebrationIn most places visited by WesternPost correspondent in Lagos, prices of most items have gone up by between 60 percent to 100 percent, compared to last year.Consequently, traders are complaining of low patronage because…
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LASG shuts Redeemers School indefinitely over death of 5 year-old boy
Lagos State government has shut the Redeemers Nursery and Primary School, Ogba 0ver the death of a five years old boy. The government, in a statement by the Commissioner for Education, Mrs. Folashade Adefisayo, said the school will remain closed, pending an administrative investigation of its operations and procedures as well as the conduct of its officials – in line…
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Sanwo-Olu has invested more on water transportation, says LAGFERY boss
Managing Director, Lagos State Ferry Services (LAGFERRY), Abdoulbaq Ladi Balogun, on Monday said Governor Babajide Sanwo-Olu has invested more on water transportation in Lagos State. Balogun made this known during a media parley with newsmen in his office at Mile 2 Terminal, Amuwo-Odofin. “This administration has shown greater dedication and genuine commitment to ensuring viable alternatives to road transportation and decongest…
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SWAT drags octogenarian landlord to court for illegal entry, unlawful damage
Operatives of the Special Weapons and Tactical Team (SWAT) of the Nigeria Police, have arrested an 81-year-old landlord in Badore area of Ajah, Lagos, Noah Owolola for alleged illegal entry into another man’s property. Owolola was accused of unlawful entry into a property belonging to one Alhaji Opeyemi Abodurin to remove the roofing on his building. Police alleged that the…
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Group gives N6 million grants to 50 Lagos young entrepreneurs
Focus Initiative Concern (FIC), a group passionate about human development, has disbursed N6 million grants to 50 young entrepreneurs in Lagos, as a way to motivate and boost their businesses. The 50 beneficiaries of the gesture by the non-governmental organisation were selected from different sectors ranging from sports, music, and fashion among others. Aside from assisting the youths with funds,…
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