Sterling Bank crowns 2022 with impressive 29% net profit growth

Sterling Bank has reported a growth of 28.5 per cent in its profit after tax for 2022. One of Africa’s fastest growing companies and Nigeria’s leading commercial bank, its profits grew to N19.3 billion for the year ended 31 December…

Germany ‘mega strike’: Public transport network halted over pay

Germany’s transport network is at a near standstill as the country experiences one of its largest strikes in decades. Staff at airports, ports, railways, buses and subways walked out shortly after midnight for a 24-hour stoppage. Two of the Germany’s…

NRC transports 693,224 passengers on Lagos/Ibadan standard gauge

The Nigerian Railway Corporation (NRC) has said that it recorded 693,224 passengers travelling on the Lagos/Ibadan Standard Gauge train between January 2021 and December 2022. The Lagos District Manager, NRC, Mr Augustin Arisa, made the disclosure in an interview with…

LASG again warns truck operators against recklessness

The Lagos State Government has condemned the incessant truck accidents happening within the state and warned owners and drivers of articulated vehicles against recklessness. The Permanent Secretary Ministry of Transportation, Mr Abdulhafiz Toriola, said in a statement on Wednesday, in…

Transportation Minister pledges support to NPA’s initiatives on staff welfare

The Minister of Transportation, Mu’azu Jaji Sambo, has pledged the support of the Ministry to the Nigerian Ports Authority (NPA) on its initiatives on staff welfare. Sambo made the pledged at the 2022 Year Long Service/Merit Award of the Nigerian…

How Blue Light Rail will benefit Lagos, by Sanwo-Olu

Lagos State yesterday made history, following the completion of infrastructure work of the Blue Rail Line Project. Governor Babajide Sanwo-Olu, who took the first ride, along with Deputy Governor Obafemi Hamzat, House of Assembly Speaker Mudashiru Obasa and other government…

Lagos moves to tackle tanker crashes

The Lagos State Government has said regulations have been put in place to guide the transportation of petroleum products on roads in the state. The Commissioner for Energy and Mineral Resources, Mr Olalere Odusote, disclosed this in a statement on…

Trump halts work at string of departments after $5bn border wall demand rejected (Independent)

The US government has been forced into a partial shutdown after Democrats refused to meet Donald Trump’s demands for five billion dollars to start erecting a wall on the Mexico border. The White House halted work at a string of…

Danfo ban and the future of transportation in Lagos

One day soon Lagos residents will wake up to discover that the popular yellow Danfo bus will be no more. In its place the Lagos State government plans to put bigger, cleaner and more efficient buses on the road. These…

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