Filthy environment: Lagos shuts popular Mile-12, Owode Onirin Markets
As part of the ongoing zero tolerance against environmental infractions, Lagos State Government has sealed up the popular Mile-12 and Owode Onirin Markets along Ikorodu Road in Kosofe Local Government Area, LGA.
Fuel price hike: Sanwo-Olu blames marketers, sues for calm
Lagos State Governor, Babajide Sanwo-Olu, has blamed the resurgence of fuel queues in the state to fuel marketers which he said were taking undue advantage of Nigerians by hiking fuel prices.
Lagos to enforce law prohibiting parking on roads
Gov. Babajide Sanwo-Olu of Lagos State has warned trailer/container owners against parking on roads to avoid prosecution.
My second term ‘ll be much better, more effective – Sanwo-Olu promises
…holds valedictory exco meeting By Olasunkanmi Akoni Lagos State Governor, Babajide Sanwo-Olu on Friday promised to work harder in the interest of the people of the state during his second term in office better than his first term. Meanwhile, Sanwo-Olu, held a valedictory cabinet meeting to end his first tenure ahead of the May 29, […]
What did Sanwo-Olu come to Lagos with?
By Ochereome Nnanna The first story is about a young Nigerian 45 years ago, and you see the coincidence in the story, 45 years ago, a young Nigerian came to Lagos all the way from another mega-city, Kano, who saw the prosperity, and diversity of our country, who came with nothing but in 45 years […]
Sanwo-Olu launches innovation hubs to curtail ‘Japa’ syndrome
Balogun, a lawyer, started out as a civil servant in Justice ministry before veering into banking, first pitching with the Nigerian Industrial Development Bank in the late 1960s before joining the Icon Securities, the front runner of investment banking in Nigeria.
In 1977, Balogun blazed the trail by founding the first indigenous private investment banking outfit, City Securities Limited, which later metamorphosed into First City Merchant Bank (FCMB) Limited in 1982 as Nigeria’s first indigenous privately owned bank.
By the turn of the decade, in the 1990s, the bank had emerged a clear leader in investment banking in Nigeria despite the licensing of several others as well as other foreign and Federal Government owned investment banking institutions.
Today the bank has offices across the country and with a holding structure owning FCMB (UK) Limited amongst several subsidiaries.
According to the spokespersons for the FCMB Group, the family will soon make official announcement on the passage of the banking czar. They urged the media and the general public to be cautious in dishing out information on the situation
