- Advertisement -
Browsing Category
Business News
NARTO Withdrawal Of Service Cripples Tank Farm Operations In Lagos
By Roland Ekama
Sequel to the threats by the Nigerian Association of Road Transport Owners (NARTO) to withdraw their services nationwide , indications have emerged that the action is yielding positive results as tank farms surrounding…
Panic In US, Canada , As Used Car Shippers Close Shops Over Customs Duty Rate Hike In Nigeria
By Roland Ekama
Fairly used car dealers in the United States of America (USA) and Canada are gradually winding down their respective businesses over the incessant hike in Nigeria Customs ' duty rates, DAILYFOCUS NIGERIA findings have…
SIFAX Group Consortium To Collaborate With FG, LASG On Aviation Development
SIFAX Group and Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector.
SIFAX Group,…
RED LINE: China Railway Corporation To Deliver Additional Rolling Stocks In December
Lagos State Governor Mr. Babajide Sanwo-Olu, on Sunday visited the headquarters of China Railway Rolling Stock Corporation in Dalian, China to conclude transactional conversations with the top management of the company, on the purchase of…
FATAL ACCIDENT : LASTMA Nabs Truck Driver After Crushing Man To Death At Mile 12
Operatives of the Lagos State Traffic Management Authority (LASTMA) today apprehended an articulated truck driver after crushing a scavenger pushing wheelbarrow to death around Mile 12 market, Ikorodu Road, Lagos.
The Director, Public…
President Tinubu To Commission Red Line Rail Project In Lagos
Lagos State Governor, Mr. Babajide Sanwo-Olu has reiterated his administration’s commitment to the completion of the second phase of the blue line rail project and flag off the commercial operation of the red project.
The Governor, who…
JUST IN: CBN Injects $500m Into Forex Market
The Central Bank of Nigeria (CBN) has injected another $500 million into the market as part of efforts aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions,
Mrs. Hakama Sidi Ali, Acting Director…
Chinese Automobile Exports Surge By 4.91 Million Units In 2023
People Republic of China’s automobile export market has continued to soar higher even as it has reached 4.91 million units in 2023, increasing some 57.9 year-on-year.
With sharp rise in exports China is expected to become the world’s…
Naira Stabilises Against US Dollar At Parallel Market
The Naira , on Tuesday, stabilized against the United States dollar in the parallel market as it traded for N1,295/$1.
The Nigerian currency, it was gathered, closed at N1,295/$1, on Monday, and still stably maintained its value, on…
40 Foot Container Laden Truck Falls Off Ijora Bridge , As LASTMA Team Rescues Driver, Others
Operatives of the Lagos State Traffic Management Authority (LASTMA) on Sunday January 7 2024 rescued a seriously injured driver and a motor boy from an empty articulated 40ft flat bed truck that fell off from the high bridge inward Apapa.…