News
Bus Reforms Will Create 3,000 Jobs – LASG
Lagos State government has said no fewer than 3000 jobs would be created when the 13 bus terminals springing across the city finally comes on stream. This is as it disclosed that about 473 buses to flag-off operation of the bus reform would soon arriving the country.
Speaking over the weekend during a media tour to both the Ikeja and yet to be completed Oshodi Bus Terminals, Mr Ladi Lawanson, Lagos State Commissioner for Transportation said the bus terminals are part of Governor Akinwunmi Ambode’s gift to the 12 million masses of the state, who uses public transportation daily.
He said the terminals will put an end to insecurity, unreliability, accident and mugging associated with the current commercial bus regime in the state.
Lawanson said construction is ongoing in 13 different bus terminals all aimed at ensuring that more people embrace public transportation and that sanity returns to the roads.
He said: “We have Alapere Bus Shelter, Ilupeju Bus depot, Yaba Bus Terminal, Anthony Bus depot, Maryland Bus Terminal, Agege Bus Terminal, Ojota Bus Terminal, Oyingbo Bus Terminal, Tafawa Balewa Square Bus Terminal among other proposed corridors.
“These facilities will provide over 3000 jobs for youths and increase transport connections and inter modal connectivity in the state.
His colleague, Kehinde Bamigbetan, Commissioner for Information and Strategy said the idea is to cater for low and medium income residents who cannot afford to fuel their own cars every day.
“We are expecting over 800 buses that the government has procured to kick-start operation for the benefit of the residents,” he said.
He said the Ikeja Bus Terminal is a major transportation infrastructure constructed to improve efficiency, adding that 23 routes would be serviced from the terminal and while the facility would be servicing 400,000 passengers daily. It would reduce traffic congestion, occasioned by the present street loading and dropping off of passengers and reduce environmental pollution.
Bamigbetan said the Ikeja terminal has facility to cater for 100 buses daily, adding that the government hoped to take off with the Ikeja-Obalende route before June ending.
Also speaking, the Managing Director Planet Project Mr Biodun Otunola said the Ikeja Bus Terminal which sits on 10,000 square metres of land is more than a bus stop as “some ignorant critics have lately being ranting.”
He said the facility has a sheltered walkway, 13 ticketing booths, an ATM gallery, and a food court. Also, the facility has a functional Intelligent Transportation System (ITS) which makes routes and travel planning easy. The terminal is provides conveniences for both sexes and free wifi spot for the the use of commuters.
Otunola who also took the reporters on tour of the Oshodi Bus Terminal and Interchange said the iconic terminal on completion would be servicing 300,000 passenger traffic every day, which he said is projected to hit one million in the next five years.
He said each of the three wings five-floor terminals, which would be completed with a skywalk is the first of its kind in the world. “While Terminal One, is intercity transport, Terminal Two exclusively services intra city transportation , while Terminal Three would service Lagos Island, Ikorodu corridor. Each terminals is one five floors, has multi level car park, conveniences, six lifts and one escalator each, food court, a park and ride facility, cctv system, holding bay with capacity for 70 buses and a control centre.”
Otunola described what is going on in Lagos as revolutionary as it was the first time government is deliberately planning and providing world class facility to road transport users. He added that the facilities presently going on across the state would redefine the transportation system in the state.
He said the Oshodi interchange will be delivered by October this year.
The tour was led by the Commissioners for Transportation and Information and Strategy, Permanent Secretary in the Ministry of Transportation Mr Taiwo Olufemi Salaam, Mamaging Director of the Lagos State Bus Services Ltd., Mr Idowu Oguntola, MD Planet Projects Ltd., Mr Biodun Otunola, directors in the Ministry of Transportation, among others.
Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, a global standard for protecting payment card data.
The certification took effect on August 11, 2026, confirming that the bank’s systems for storing, processing and transmitting customers’ credit and debit card information meet stringent international security requirements.
PCI DSS certification is designed to reduce the risk of payment card data breaches and financial fraud while strengthening customer confidence in electronic payment systems.
The assessment covered key areas of Union Bank’s operations, including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.
Union Bank was assessed and certified under the Service Provider category.
The certification process lasted a full year and involved quarterly assessments, with support from departmental, business and functional heads across the bank. Digital security firm Digital Encode supported the process, while the final independent audit was conducted by CyberCube, an accredited Qualified Security Assessor.
Yetunde B. Oni, Managing Director and Chief Executive Officer of Union Bank, said the certification demonstrates the bank’s commitment to protecting customer information.
“The security of our customers’ information is central to everything we do at Union Bank. This certification reaffirms that our payment systems and processes meet a rigorous global standard, and it reflects the discipline of colleagues across the Bank who work every day to keep customer data safe.”
The renewal also ensures that Union Bank maintains continuous PCI DSS certification, in line with the Central Bank of Nigeria’s requirement for banks to sustain compliance without interruption.
New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.
In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages
Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
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