UTC opens N100 million food court in Victoria Island, Lagos

UTC Nigeria Plc recently opened an ultra modern food court in Victoria Island, Lagos, its second so far in Lagos. According to the organization’s corporate affairs manager, “the idea is to have the total lifestyle and entertainment under one roof and meant for a discerning clientele that focuses on quality, and healthy foods.” The food court […]

President Jonathan reassures Nigerians; “I’m slow to avoid mistakes” he says…thoughts?

Speaking recently on his leadership style amidst the crisis facing Nigeria, President Goodluck Jonathan explained the reasoning behind his perceived slow leadership. “When I’m challenged I think more; I don’t rush to take decisions. I listen more to people. That is why, at times, it looks as if I’m slow. I also know that when […]

Cashless Nigeria – Lagos goes cashless; launches pilot to usher in a cashless Nigeria

Lagos State officially went cashless as of Sunday, January 1st, 2012. The state was selected as the pilot location for moving Nigeria towards more electronic based transactions. The pilot will be spread out to other key states across the country as from June. Speaking on the cashless policy, Mr. Mahmoud Umar, Director, Currency Operations Department at the Central […]

Fuel subsidy in Nigeria: Nigerian Government officially removes fuel subsidy; thoughts?

The Federal Government of Nigeria has officially removed the country’s subsidy on fuel. The announcement was made by the Petroleum Products Pricing Regulatory Agency (PPPRA). Following the announcement,  petrol will now sell for N141. Read the statement released by PPRA below. “Following extensive consultation with stakeholders across the nation, the Petroleum Products Pricing Regulatory Agency […]