The Lagos State Government has assured stakeholders of the Computer Village, Ikeja, that the proposed relocation of the market to the ICT and Business Park, Katangowa, Agbado Oke-Odo, will benefit both government and traders. Speaking at a stakeholders’ engagement held at the Computer Village market square, Otigba Street, Ikeja, the Permanent Secretary, Office of Urban […]
Lagos State Governor, Babajide Sanwo-Olu has launched a N10 billion matched funding jointly provided by the State Government and the Bank of Industry (BOI), to empower Micro, Small and Medium Enterprises (MSMEs) and enable them to expand their businesses. Governor Sanwo-Olu led the State’s Team at the formal signing of the Memorandum of Understanding (MOU) […]
U.S. President Donald Trump has announced a sweeping trade policy overhaul, imposing a baseline 10% tariff on all imports while introducing country-specific reciprocal tariffs. LAGOS EYE NEWS reports that under the new measures, Nigerian exports to the U.S. will now face a 14% tariff, a response to what the U.S. government claims is a 27% […]
The southern African country of Lesotho has attracted a tariff rate of 50% on its exports to the US. These are mainly on textiles and diamonds. Lesotho’s US exports are equivalent to 10% of its GDP, meaning Trump’s new tariffs will potentially hit the tiny mountainous nation hard. Lesotho currently enjoys duty-free access to the […]
Mr Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria (MAN), recently completed a comprehensive tour of the Khanz Group and its diverse subsidiaries, praising the company’s commitment to innovation and sustainable manufacturing. Khanz Group, operating under the name Fas Agro, has evolved significantly since its inception in 1989 as a producer of woven […]
In a groundbreaking initiative, Sterling Bank has announced the elimination of bank transfer fees for local online transactions, making it the first major Nigerian bank to take such a step. The policy, which took effect immediately upon its announcement on April 1, initially sparked widespread skepticism, with many assuming it was an April Fools’ Day […]
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