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Articles by Rotimi Asher
BBA Motors Unveils Lagos Flagship Showroom, Delivers Nigeria’s First Zeekr 9X to D’banj
BBA Motors, a leading service provider for Chinese automotive brands in Nigeria, has opened a new intelligent flagship showroom in Lagos and introduced the Zeekr 9X luxury electric SUV to the Nigerian market. The event also witnessed the delivery of the first Zeekr 9X in Nigeria to popular music star D’banj, marking a major milestone in the company’s expansion and the entry of another premium electric vehicle into the country’s growing automotive market.
Dangote Refinery Fires Back: Price Cut Was Ours, Not From Suspended Import Tariff
OPEYEMI OLOTU Dangote Petroleum Refinery has debunked claims that the recent pump price reductions by oil marketers were triggered by the Federal Government’s suspension of the 15 per cent import tariff, describing the reports as “entirely false, deliberately misleading, and inconsistent with actual market dynamics.” In a strongly worded statement, the refinery said the real catalyst for the nationwide price adjustment was its own decision to slash Premium Motor Spirit (PMS) gantry and...
Why a Customer-Centric After-Sales Offer Matters More Than Ever
The recently concluded VerveLife 8.0 Grand Finale at the Eko Convention Centre, Victoria Island, Lagos, was a vibrant celebration of fitness, lifestyle, and entertainment. The two-part event drew over 10,000 participants for an unforgettable day of workouts, masterclasses, and experiences that reflected Nigeria’s growing wellness culture.
REA, Lagos Sign MoU To Power Lagos Varsity, Others
By Rotimi Asher, Lagos Rural Electrification Agency ,REA, and the Lagos State Government have signed a Memorandum of Understanding ,MoU, to deploy rooftop solar systems across public institutions, including the Lagos State University. According to both parties, the agreement, signed during the Lagos State Energy Summit, marks a significant milestone under the REA’s State-by-State Initiative.
Lagos Drivers Boycott inDrive Over ‘Unfair Pay, Safety Risks’
By Rotimi Asher, Lagos Amalgamated Union of App-Based Transporters of Nigeria ,AUATON, Lagos State Council, has directed its members to boycott inDrive, a ride-hailing platform, over alleged security risks and exploitative fare policies. Announcing the decision in Lagos on Wednesday, AUATON’s Public Relations Officer, Mr. Steven Iwindoye, accused inDrive of failing to protect its drivers and exposing them to robbery and murder.
LAWMA To Shut Down Dumpsites, Launches Waste-To-Energy Plants
By Rotimi Asher, Lagos Lagos State Government is set to establish waste-to-energy plants at strategic locations to enhance waste management and promote sustainable energy solutions. The Managing Director and Chief Executive Officer of the Lagos Waste Management Authority ,LAWMA, Dr. Muyiwa Gbadegesin, disclosed this in an interview with the News Agency of Nigeria ,NAN, in Lagos.
FEC Approves Upward Review Of Lagos Outer Marina Shore Contract
By Rotimi Asher, Lagos Federal Executive Council ,FEC, has approved an upward review of the shore protection project at Outer Marina, Lagos, increasing the contract sum from N144 billion to N176 billion. The revision was made to include critical infrastructure that was initially excluded, particularly facilities belonging to the Nigerian Navy.
Lagos 'll Establish Int'l Financial Centre To Drive Capital Market Growth
By Rotimi Asher Lagos State Government has finalized plans to establish an international financial centre in collaboration with EnterpriseNGR and other key stakeholders to drive capital market growth. This initiative aims to create an enabling environment for seamless trading, attract foreign investments, and enhance the competitiveness of Nigeria’s financial markets.
Tariff Hike: LCCI Cautions NPA, Seeks Phased Implementation
By Rotimi Asher, Lagos Lagos Chamber of Commerce and Industry ,LCCI, has expressed concerns over the Nigerian Ports Authority’s ,NPA, recent 15% increase in port tariffs, warning of the potential economic impact on businesses and inflation. The Chamber urged the NPA to consider a phased implementation of the tariff adjustment to mitigate adverse effects on the economy.
Lagos, Lafarge Partner On Conversion Of Waste To Alternative Fuel
By Rotimi Asher, Lagos Lagos State Government, through the Ministry of Environment and Water Resources, has signed a Memorandum of Understanding ,MoU, with Lafarge Africa PLC to use non-recyclable combustible waste as an alternative fuel. Under the partnership, Lafarge Africa will collect and treat non-recyclable waste from companies and dumpsites across the state, sending it to Lafarge’s Ewekoro Plant for processing and use as fuel.
Nestlé Invests Fresh N1.8bn In Milk Production
By Rotimi Asher, Lagos Nestlé Nigeria has launched a dairy demonstration farm in Paikon Kore, Federal Capital Territory, as part of its commitment to strengthening the local dairy industry. The company noted that the initiative, under the Nestlé Nigeria Livestock Development Project ,NLDP, aims to enhance milk production and improve pastoralists’ livelihoods through modern dairy farming practices.
Bolt Drivers Refute 50% Fare Cut Allegation In Lagos
… As Union threatens protest By Rotimi Asher, Lagos Lagos ride-hailing sector is under renewed scrutiny following claims by the Amalgamated Union of App-Based Transporters of Nigeria ,AUATON, that Bolt has implemented a 50% fare cut, significantly impacting drivers’ earnings. AUATON’s Lagos State Public Relations Officer, Steven Iwindoye, warned that a mass protest could follow if the alleged adjustment is not reversed.
AfDB Seeks Review Of Africa’s GDP Valuation To Reflect Natural Wealth
By Rotimi Asher, Lagos African nations are pushing for a recalibration of Gross Domestic Product ,GDP, calculations to better reflect their vast natural wealth, an initiative led by the African Development Bank ,AfDB. The proposal aims to improve debt metrics and ease borrowing pressures that have contributed to economic crises across the continent in recent decades.
LIRS Deployed Technology To Make Tax Compliance Easier, Cheaper
By Rotimi Asher, Lagos Lagos Internal Revenue Service ,LIRS, has revealed that it is leveraging technology to simplify tax compliance for individuals and businesses, making it more affordable and user-friendly. Abideen Akande, the Special Adviser to the Executive Chairman of LIRS, stated this while speaking as a guest on Business Incorporated on Channels Television, yesterday.
NIPOST, Lagos Government Mull Partnership To Boost E-commerce
By Rotimi Asher, Lagos Nigeria Postal Service, NIPOST, has said it is working on a close partnership with the Lagos State Government to boost e-commerce in the state. The Postmaster-General/Chief Executive Officer of NIPOST, Ms. Tola Odeyemi stated this on Wednesday during a courtesy visit to the State Governor, Mr. Babajide Sanwo-Olu.
Lagos Removes Shop Extensions Blocking Drainage In Island
By Rotimi Asher, Lagos Lagos State government has cleared illegal shop extensions obstructing drainage systems and a government-provided water tap in Lagos Island. The exercise was conducted by the Lagos State Building Control Agency ,LASBCA, led by its General Manager, Arc. Gbolahan Oki. This was disclosed in a statement issued by Adu Ademuyiwa, Director of Public Affairs at LASBCA, via the agency’s official X (formerly Twitter) account on Sunday.
Households, Businesses In Lagos Consume 15.6bn Litres Of Fuel Annually- Report
By Rotimi Asher, Lagos Households and businesses in Lagos consume a combined 15.6 billion litres of petrol yearly according to a new report. The report produced by Sustainable Energy for All ,SEforALL, in collaboration with the Lagos State Government, highlights progress in advancing the energy transition in Lagos State and across Nigeria.
Nigeria Records $2.35bn Monthly Net Inflow Into Foreign Reserves — Edun - Breaking News, Nigerian News and Top Stories From Aljazirah Nigeria Newspapers
By Rotimi Asher, Lagos Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the country now records about $2.35 billion as net inflow into the Central Bank foreign reserves. Edun made this statement while speaking at the Access Bank annual cooperate forum of 2024 in Lagos. The Minister said the increase in foreign reserve has contributed significantly to the stability of the naira in the foreign exchange market.
Lagos Mulls Partnership With Portuguese Firm For Lekki-Epe Int'l Airport
By Rotimi Asher, Lagos Lagos State Government has announced that it is exploring potential collaboration with Portuguese Construction Firm, Mota-Engil Consortium, for the construction of the proposed Lekki-Epe International Airport. This initiative is part of efforts to alleviate congestion at the Murtala Mohammed International Airport and improve infrastructure along the Lekki-Epe corridor.
Lagos Seals Lekki Fast Food Outlet Over Noise In Residential Area - Breaking News, Nigerian News and Top Stories From Aljazirah Nigeria Newspapers
By Rotimi Asher Lagos State Government has sealed Donald Fast Foods, located on Adebayo Doherty Street in Lekki Phase 1, due to noise pollution in the predominantly residential area. The closure, carried out by the Lagos State Environmental Protection Agency ,LASEPA, followed numerous complaints from residents about loud music and disturbances during late-night hours.
NNPC Begins PMS Lifting At Dangote Refinery - Breaking News, Nigerian News and Top Stories From Aljazirah Nigeria Newspapers
…Lagos Govt assures of traffic flow along Lekki-Ajah corridor By Rotimi Asher, Lagos Fleets of trucks belonging to Nigeria National Petroleum Corporation Limited, NNPCL, were seen loading Premium Motor Spirit, PMS, otherwise known as petrol at Dangote Refinery, located in Ibeju-Lekki, Lagos State, yesterday.
Indomie Boosts Community Health With New Equipment
By Rotimi Asher, Abuja Nigeria’s leading Instant Noodles brand, Indomie has donated medical equipment and supplies to Rauf Aregbesola Primary Health Centre, Alimosho, Lagos. The donation is part of Indomie’s broader mission of enhancing the quality of healthcare services and supporting the well-being of communities across Nigeria.
Oando’s Share Price Rises By 60.71% Amid Acquisition Deal
By Rotimi Asher, Lagos Oando Plc, one of the oil and gas companies listed on the Nigerian Exchange Group Plc, reported a substantial market gain of approximately N361.13bn at the close of weekly trading, emerging as the top performer of the week. This increase reflects a sustained demand for Oando’s shares, which concluded trading on Friday with a 60.71% rise, elevating its market capitalisation to N955.98bn.
Lagos Red Metro Rail Begins Passenger Operations After Six-week Trial
By Rotimi Asher, Lagos Lagos Rail Mass Transit ,LRMT, Red Line has commenced partial, invitational passenger operations following the successful completion of a six-week trial run. The initial phase will see trains running four trips daily between Oyingbo and Agbado in Ogun State, marking a significant milestone in Lagos State’s efforts to modernize its transportation system.
Honda Boss Makes Case for Nigeria’s Auto Policy, Seeks Govt Patronage for Honda HR-V
ROTIMI ASHER The Managing Director, Honda Automobile Western Limited, Takashi Nakajima, has appealed to the Federal Government of Nigeria to expedite action on legalizing the Nigeria Auto Industry Development Plan (NAIDP).
Coscharis Motors Unveils 2023 Ford Territory in Nigeria
ROTIMI ASHER Coscharis Motors, one of the leading companies in the Nigerian automotive sector, has launched the all-new Ford territory into the nation’s market. Unveiled on Thursday before the motoring press and other guests at the new Coscharis Ford Showroom in Victoria Island, Lagos, the compact SUV, comes with head turning styling. A five-seater SUV and one of the roomiest crossover compact SUVs in its class, Ford Territory shows off generous legroom, shoulder room and headroom.
Marketers Mull New Pump Price
…Price no longer feasible at N165 – IPMAN …As Lagos, Abuja worse hit By Cyril Ogar, Teddy Nwanunobi and Rotimi Asher, Lagos Nigerians are now paying more for petrol despite the official price still fixed at N162.50 and N165 per litre.Independent marketers, who started implementing a new price regime of between N170 to N190 at the weekend, insisted yesterday that it would be difficult for them to sell at the official pump price.
Sanwo-Olu Urges States To Cut Wastes, Excesses For Economic Stability - aljazirahnews
By Rotimi Asher Lagos State Governor Babajide Sanwo-Olu has advised state governments to cut down on waste and excessive spending. https://aljazirahnews.com/wp-content/uploads/2021/06/cbn-keep-the-naira-clean.gif According to the governor, the ultimate goals must be value for money and the enhancement of the quality and timeliness of service delivery. He spoke at the National Council on Finance and Economic Development, NACOFED, Conference held at Marriott Hotel, Ikeja.
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