News

Lagos Deploys Technology In Parks

Published

3 years ago

April 5, 2023

Editor

In a bid to facilitate a seamless parking experience across the metropolis, the Lagos State Government has partnered ARCA Payment Ltd. to develop a parking payment application that will enhance coordinated parking operations.

Revealing this development at a partnership meeting between the Lagos State Parking Authority and ARCA Payment Ltd., the General Manager of LASPA, Mrs Adebisi Adelabu, stated that the partnership was to improve the overall parking system by ensuring a seamless transaction process for permits, registration, inquiry among others.

According to her, this is a commitment towards integrating technological solutions into the authority’s parking management system, which will provide a user-friendly system while building an accurate database to manage parking proceedings for the state.

She noted that the authority had adopted innovative ways in providing lasting solutions to parking challenges for a safe and secured environment, adding that the ultimate aim was to give Lagosians the best and most suitable parking experience.

Adelabu explained that the initiative guarantees a stress-free process for end-users of the authority’s services, emphasising the effect on reconciliation and revenue assurance for the government.

The general manager emphasised that the authority had been committed to supporting various organisations and business entities to identify and proffer long-term solutions to their parking challenges as it had observed that most organisations operating in the state lack adequate parking space, which contributed to indiscriminate parking.

While describing the various interventions introduced to reduce indiscriminate parking across the state, she averred that the government had commenced the installation of signage and lane markings in phases across the state to guide motorists and pedestrians on available parking lots.

She urged the public to support the LASPA’s efforts towards improving the parking system of the state, noting that enforcement of parking regulations had significantly reduced road mishaps and traffic congestion across the metropolis.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

4 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

6 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.