Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Sanwo-Olu Hails Maiden Lagos Shopping Festival

LR: Chief Bisoye Fagade, DG/CEO, National Institute for Hospitality and Tourism (NIHOTOUR), representing the Minister for Tourism, Arts, Culture and Creative Economy; Mrs. Toke Benson-Awoyinka, Lagos State Commissioner for Tourism, Arts & Culture; Mr. Israel Jaiye Opayemi, MD/CEO, Chain Reactions Africa Ltd and organisers of Festival; Mr. Babajide Sanwo-Olu, Governor of Lagos State; Mr. Idris Aregbe, Special Adviser to the Governor on Tourism, Arts and Culture; Mrs. Abimbola Salu-Hundeyin, Secretary to the State Government; Mr. Gbenga Omotoso, Lagos State Commissioner for Information and Strategy, and Gbenga Adeyinka, ace comedian, at the opening of the Lagos Shopping Festival 2024 at the Mobolaji Johnson Arena, Onikan Stadium, Lagos Monday 23rd, December 2024.

The Lagos State Governor, Mr. Babajide Sanwo-Olu has lauded the much-anticipated Lagos Shopping Festival (LSF), which was rounded off at the iconic Mobolaji Johnson Arena, Onikan, at 4am on Boxing Day, Thursday, December 26.

The Governor, who was full of praise for the organisers, one of Africa’s leading Public Relations Consulting firms, Chain Reactions Africa Ltd, commended them for giving Lagos State another pillar upon which a solid festival economy is being erected.

Said Sanwo-Olu: “We are gradually building a festival economy for our great State. This idea of a 72-hour shopping festival is another strategic pillar on which the full edifice of a festival economy at Yuletide can rest.”

The Governor noted with satisfaction how thousands of young people were gainfully engaged within the event management and commercial value chain of the Lagos Shopping Festival around design, set-up of the stage set, the sound system, the lighting system, crowd control, the volunteer network, ambience branding, and exhibition booth installation, to mention but a few.

He thanked officials of Lagos Traffic Management Authority (LASTMA), the security and safety agencies who worked round the clock at the first-of-its-kind festival in Africa, pointing out that the fact that the 72-hour non-stop shopping and entertainment event was concluded without any hitch or medical emergency was a testament to the excellent organisational skills of the organisers and the roles of the State agencies as enablers.

The Governor said this maiden edition was about strategic scaling and optimisation of small businesses, connecting shoppers with Micro, Small, and Medium-sized Enterprises (MSMEs).

The Governor also thanked some of the leading brands – Tolaram Group, Guinness Nigeria, Zenith Bank, and First Bank – for rallying corporate sponsorship for the successful hosting of the maiden edition of the festival.

 

Gbenga Omotoso

Honourable Commissioner for Information & Strategy

Lagos State

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Leadway Assurance: LOLA Virtual Assistant to Optimise Customer Engagement

In its mission to elevate premium service provision through...

$12.1tr: Price Tag for Paris Climate Change Deal in 25 Years

If the world is serious about halting the worst...

Stanbic IBTC Bank Records 69% LDR, N855bn Loan Growth by Sept 2021

In its circular, BSD/DIR/GEN/LAB/12/070, to banks dated January 07,...

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

Access Bank Opens Application for Womenpreneur Pitch-a-Ton 2025 Program

L – R: Nene Kunle-Ogunlusi, Group Head, Women Banking; Chozoba...

NLNG, CORA Showcase The Nigeria Prize for Literature Longlist of 11 Playwrights

Andy Odeh, NLNG’s GM External Relations & Sustainable Development...

Nigeria Expects 600 Delegates at 47th AIO Confab from Sept 4

Mrs. Ebelechukwu Nwachukwu Chairperson Local Organising Committee (LOC) 47th AIO Conference &...

Africa Bribery Case: U.S. Firm, Och-Ziff to Pay $412m Fine

Leading US hedge fund, Och-Ziff has been ordered to...
Exit mobile version