…Extends implementation date by 7 days …Drivers now to pay N20 for Road Improvement Fund on each trip The Lagos State government has announced a 20 per cent reduction in the operational license fee for e-hailing firms and taxi companies. Last week, the West African Pilot News reported that the State government ordered e-hailing firms with less than 1,000 drivers to pay N10 million licence fee, while firms with more than 1,000 drivers pay N25...

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), on Sunday announced a single seizure of contrabands with Duty Paid Value (DPV) of N10 billion. The Customs Area Controller (CAC), Usman Yahaya in a statement in Lagos, said that the seizure made in one day was at Ido, Eruwa Road in Ibadan. The statement was signed by the Public Relations Officer of the Unit, Peter Duniya. According to him, the contraband...

The management of First City Monument Bank (FCMB) has debunked claims of alleged deposit of N573 million into the account of an associate of the suspended chairman of the EFCC, Ibrahim Magu. Mr Magu who was suspended last month by President Muhammadu Buhari is currently under investigation for alleged corruption during his tenure as the acting chairman of the anti-corruption agency. Stories that the FCMB managing director, Adam Nuru, allegedly telling the panel that N573...