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Chams Holdings records N20m profit

Chams Holdings Plc, one of the firms with the highest capital gains for investors on the Nigerian Exchange Limited in 2023, has returned to the green zone as it recorded a N20.22m profit at the end of the year. ....

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Smart city project: Lagos to install 2,000 'intelligent' cameras


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The Lagos State government has announced plans to install 2,000 ‘intelligent’ cameras in strategic locations across the city as part of its efforts at enhancing the smart city status.
Disclosing this at a media roundtable, tagged ‘Facts Behind The Figures on Y2021 Appropriation Budget’, held recently in Lagos, the state’s Commissioner for Economic Planning and Budget, Honourable Samuel Egube, stated that the cameras, with number plate and facial recognition capabilities, would go a long way in enhancing security and traffic management in the state, as well as help the state government in its revenue-generating drive.
The Commissioner described the state’s decision to come up with an ambitious budget size of N1.164 trillion, this year, as a reflection of its determination to rise above the challenges that had plagued its development indices in the past eleven months. ....

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