LFZ
12 Feb
The Federal Government on Wednesday commended the International Finance Corporation (IFC) for its continued confidence in President Bola Tinubu-led Nigeria’s economy. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, explained that President Tinubu made the commendation following IFC’s $50 million equity investment in the Lagos Free Zone, a…
10 Feb
The International Finance Corporation (IFC) has announced an equity investment of up to $50 million in Lagos Free Zone Company to support the development and expansion of Nigeria’s first deepsea port-based, private special economic zone, the Lagos Free Zone.
22 Jan
Lagos Free Zone (LFZ), the first privately-owned zone in Nigeria, has called for collaboration with the Deputy High Commission of Canada to facilitate foreign direct investment (FDI) to the zone.
19 Dec
Lagos Free Zone (LFZ), the first privately-owned free zone in Nigeria, has emerged as the best infrastructure development company in Nigeria at the 2024 SERAS Africa Sustainability/CSR Awards ceremony held in Lagos.
13 Nov
The management of Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki Freeport Terminal (LFT), and the Lagos Free Zone (LFZ) have launched the services of three additional shipping lines at the Lekki Deep Seaport to boost cargo volumes and attract more foreign direct investment (FDI) to the zone, benefiting the Nigerian economy .
Latest
14 mins ago
The Executive Secretary of the Country Coordinating Mechanism (CCM) of the Global Fund, Ibrahim Tajudeen, has said that the funding cut by the United States government is already impacting TB case finding in 18 states. Ibrahim explained that the US government contributes $22 million annually to TB case finding in these states, adding that the…
38 mins ago
In Nigeria, cardiovascular diseases account for 11% of all non-communicable disease-related deaths (Minister of State for Health, 2023). Yet, 8% of premature deaths from heart disease and stroke can be prevented through lifestyle changes, including diet and exercise (Dr. Kingsley Kola Akinroye, Nigerian Heart Foundation). For over a decade, Power Oil has led the charge…
51 mins ago
In recent days, Nigeria has been gripped by the unfolding story of Ushie Rita Uguamaye, a National Youth Service Corps (NYSC) member serving in Lagos, who courageously voiced her concerns over the nation's escalating economic hardships. In a video shared widely on social media, Ms. Uguamaye criticized government policies she believes have exacerbated the rising…
1 hour ago
President Bola Ahmed Tinubu’s declaration of a state of emergency in Rivers State and the suspension of Governor Siminalayi Fubara have sparked mixed reactions across the country. The Nigerian Bar Association (NBA), legal experts, stakeholders, the Peoples Democratic Party (PDP), Atiku Abubakar, Femi Fani-Kayode, Ijaw Youths, and others have voiced their opinions, with many criticizing…
1 hour ago
The Rivers State House of Assembly has announced its support for the Sole Administrator appointed by President Bola Ahmed Tinubu, following the declaration of a state of emergency in the state. The lawmakers, who lauded the development, said the President's decision to take control of the state's affairs was due to the governor's alleged malfeasance…
1 hour ago
Gov. Abba Yusuf of Kano State has awarded 18 Hajj seats, 18 Certificates of Occupancy, and ₦12 million to winners of the 39th National Qur’anic Recitation Competition. This is confirmed in a statement by his spokesperson, Sunusi Dawakin Tofa, in Kano on Tuesday. The governor reaffirmed his commitment to promoting Islamic learning and rewarding excellence…
1 hour ago
Former presidential candidate, Peter Obi, has called President Bola Tinubu’s “unilateral decision” to remove Governor Siminalayi Fubara of Rivers State from office for six months an “unconstitutional and reckless move.” Yesterday, President Tinubu declared a state of emergency in Rivers State and suspended Fubara, his deputy, and all elected members of the state assembly. Reacting…
1 hour ago
Governors elected on the platform of the Peoples Democratic Party (PDP) have condemned the state of emergency in Rivers State, particularly the suspension of Governor Siminalayi Fubara and other democratic structures. The governors described as unacceptable President Bola Tinubu's alleged political bias in favour of the Federal Capital Territory (FCT) minister, Nyesom Wike, in the…
1 hour ago
Dr. Fara Dagogo, former House of Representatives member, (Degema, Bonny, Federal Constituency), has described the declaration of a State of Emergency in Rivers State by President Bola Tinubu as a slap on the Constitution. Dagogo made the remark on Tuesday while in a statement issued to newsmen in Port Harcourt while reacting to the emergence…
1 hour ago
Ahead of the 2027 poll, pro-democracy activists have cautioned against the repeat of a situation whereby nine million voters played the decisive role in the election of President Bola Ahmed Tinubu in the 2023 presidential poll. Dr. Otive Igbuzor, who spoke on Tuesday in Abuja at a political dialogue on election credibility thresholds in Nigeria,…