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Sterling Bank partners Sterling Court on Housing Provision

sterling bank

In its bid to reduce the widening housing deficit in the country, Sterling Court Development, a Pubic Private Partnership Development initiative in collaboration with Lagos State Government through Agboyi-Ketu Local Council Development Area, in financial partnership with Sterling Bank Plc, is set to offer a solution to the acute housing shortage being experienced in the nation particularly in Lagos State ...

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Three Dead, Several others Injured in Lagos Multiple Accidents

multiple accidents

Three people have been killed and 19 others injured in a multiple accidents at Berger area of Lagos, Southwest Nigeria. General Manager, LASEMA, Adesina Tiamiyu confirmed that three people died from the multiple accidents. He said the accident occurred at Kara Bridge, inward Mowe and that the multiple accidents involved 16 vehicles. Tiamiyu added that 19 people were injured and ...

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ToLet acquires Jumia House in Nigeria


In what is likely the most interesting acquisition deal in the history of Nigerian internet startups, online property classifieds platform, ToLet just recently announced its acquisition of Jumia House for an undisclosed amount. Why is the acquisition interesting? It is barely a year ago since ToLet raised just over a million dollars in its Series A funding round. Jumia House ...

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Dangote Foundation donates N100million Mosque in Abuja

Dangote foundation

Dangote Foundation has donated a mosque worth N100 million to the Federation of Muslim Women’s Association in Nigeria (FOMWAN) in Abuja. Mr Anthony Chiejina, Chief Corporate Communication Officer, Dangote Group, made this known on Wednesday in a statement made available to the News Agency of Nigeria (NAN) in Abuja. He said that the foundation took over the building of the ...

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Hospitality Business Booms Ahead of Anambra Elections

anambra elections

The massive deployment of security personnel and personnel of other organisations for the Nov.18 Governorship election in Anambra has led to boom in hospitality business in Awka and its environs. The News Agency of Nigeria (NAN) correspondent who visited some hotels, Anambra Police Command headquarters and the Independent National Electoral Commission (INEC) Awka on Wednesday, reports increased human activities. Most ...

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Dangote Noodles Sell Plants to Rivals

Dangote noodles

A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on yesterday. De United said it had signed an agreement with the firm to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a statement from ...

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Rivers Lawmaker calls for patience on Ogoni clean-up

Ogoni clean-up

An APC lawmaker representing Eleme Constituency in the Rivers Assembly, Hon. Josiah Olu has enjoined pressure groups agitating against the delayed Ogoni clean-up to be patient with the Federal Government. Olu made the appeal in an interview with the News Agency of Nigeria (NAN) on Tuesday in Port Harcourt. He said that the Ogoni clean-up required extensive planning, scientific analysis, ...

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Whistle blower will run mad if we pay him N860 million naira all at once – Presidency

whistle blower

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has revealed why the Federal is hesitant to pay the whistle-blower who exposed the N13 billion found in an Ikoyi, Lagos apartment, by the Economic and Financial Crimes Commission. Sagay said the Federal Government does not want the whistle-blower to run mad at the sight of the huge sum ...

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BAUCHI-GOMBE ROAD: House of Reps express displeasure towards contractors

Bauchi-Gombe road

The House of Representatives Committee on Works, has expressed displeasure over the poor performance by the contractors handling a section of Bauchi-Gombe road. Mr Israel Ajibola, team leader of the committee, currently on inspection of road projects in the North-East region, spoke in an interview with the News Agency of Nigeria (NAN), on Sunday in Bauchi. Ajibola, who had earlier ...

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MFM FC Director explains why Agege stadium was chosen for CAF

Agege stadium

The Director of MFM FC of Lagos, Emmanuel Adeyemi on Monday said that the club chose to play its continental matches at Agege Stadium because it has a “fortress” of fans no team will survive. Adeyemi said that though the club could play its matches anywhere in Lagos, it remained in Agege to maintain its affinity with their supporters. “MFM ...

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