Day: December 29, 2023

Depreciation: Naira Set For Worst Year Since 1999 – Report

Naira has been rated among the world’s worst performing currencies in 2023. This is according to Bloomberg in its latest report. It said the currency… Naira has been rated among the world’s worst performing currencies in 2023. This is according to Bloomberg in its latest report. It said the currency is poised for its worst […]

Plan your movement: Lagos announces closure of two flyovers

The Lagos State Government has announced a 2-night traffic diversion from 12:00 midnight till 5:00 am at Alaka inward Stadium Flyover Bridge and Ojuelegba Flyover Bridge by the Fire Station. A statement issued by Oluwaseun Osiyemi said the closure begins from Friday 29th to Saturday 30th December, 2023 for the installation of truck barriers. He said consequently, […]

Prerogative Of Mercy: Sanwo-Olu Approves Release Of 246 Inmates.

…And Commuttal Of 39 Death Row Inmates To Life Imprisonment. Governor Babajide Sanwo-olu on the recommendation of the Advisory Council on the Prerogative of Mercy has approved the release of 246 inmates from various correctional facilities across the State and the commuttal of 39 inmates on death row to life imprisonment. The Governor signed the […]

FG to close section of Third Mainland Bridge for repairs Jan 9

The Federal Government, yesterday, announced a planned closure of the Iyana Oworonshoki-Adeniji Adele section of the Third Mainland Bridge from 11:00 a.m. on Tuesday, January 9, 2024. The 11.8km bridge, the longest of three connecting Lagos Island to the Mainland, has been undergoing comprehensive rehabilitation. The bridge starts from Oworonshoki, links the Apapa-Oshodi Expressway and […]

Fresh worries as 20 electricity plants face hurdles

Performance cripples to 33% as only 7 plants in good condition Over 20 of the 27 electricity plants on the Nigerian electricity grid are in shambles as some of the plants are producing only about 0.2 per cent of their installed capacity. The Nigerian Electricity Regulatory Commission (NERC) in its third quarter report for the year […]

TCN receives new transformers to boost power supply to Lagos

The Transmission Company of Nigeria, TCN, has disclosed that it has received seven new power transformers at its Akangba 330/132kV transmission Substation in Lagos to improve supply to the area. TCN in a statement by its General Manager, Public Affairs, Ndidi Mbah explained that transformers with capacities ranging from 60MVA to 100MVA and their accessories are […]

Why report on Mohbad’s death probe not out – Police

The Lagos State Police Command has said it will not do guesswork in the investigation of the death of singer Ilerioluwa Aloba popularly known as Mohbad. The state Police Public Relations Officer, Benjamin Hundeyin, in an interview with our correspondent on Thursday, reiterated that the command had not received the report of the autopsy conducted […]

Two siblings drown celebrating Christmas at Lagos beach

A 26-year-old Femi Adegboyega and 23-year-old Ibukun Adegboyega drowned while swimming at the Ibeshe Beach in the Amuwo-Odofin area of Lagos State. PUNCH Metro gathered that the incident happened on Christmas Day at about 6:00pm. It was also gathered that the deceased were swimming with their friends before the disaster and that they were siblings who […]

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