Unremitted $250m: Nigerian Lawmakers Give Oil Firms 2 Weeks Ultimatum

Nigeria’s lower legislative chamber’s (House of Representatives) Committee on Oil and Gas on Thursday gave 10 indigenous oil companies in the country two weeks to remit 250 million dollars oil royalty to Federal Government’s coffers. Jerigbe Agom, the Chairman of the committee, gave the ultimatum at the ongoing sitting over unremitted funds in the industry….

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Luxurious Sedan, Kia Stinger set to make Nigeria Debut

Kia Motors Nigeria is set to introduce the revolutionary and uniquely built luxurious sedan, Kia Stinger to the market in 2018. As contained in a statement released on Tuesday, the company’s decision was buoyed by the brand’s continued offering of what it describes as best-in-class premium sedans. “The appealing style of Kia Stinger,” it states,…

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Lagos-Ibadan rail line to be completed in 2018

… As Amaechi, Ambode Agree on demolition of Jibowu, Costain Bridges in Lagos [dropcap]T[/dropcap]he Nigeria’s Minister of Transportation, Rotimi Amaechi, has said that the Lagos-Ibadan standard gauge rail line would be completed in December 2018 and set for commissioning in Jan 2019. Amaechi said this during the end of the year news briefing and inspection…

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Lagos-Nigeria’s Tourism Sector Gets Backing of Private Sector

…As Sponsors Queue Up For One Lagos Fiesta [dropcap]T[/dropcap]he drive by the Lagos State Government to create a private sector driven tourism economy has earned the full confidence of multinational companies, notable entrepreneurs’ business owners and managers alike across the State. This was the general consensus at a stakeholders review meeting held with sponsors of…

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