Day: February 25, 2024

Lagos police arrest eight suspected robbers on wanted list

Operatives of the Lagos State Police Command have arrested eight suspected armed robbers on its wanted list. The spokesperson for the command, SP Benjamin Hundeyin, disclosed this in a statement on Saturday. Hundeyin stated that the suspects, who belonged to two syndicates, were arrested after weeks of discreet and intense investigation. The police spokesman alleged […]

Traders in massive food diversion to Niger Republic, Cameroon, others

Amid the free fall of the naira to the United States dollar, traders who deal in grains have devised a way to sell their wares to neighbouring countries for higher profits, Sunday PUNCH has learnt. Many of them, who spoke to our correspondents, claimed that they preferred to sell their wares to the countries because they […]

How cement price may worsen housing deficit

The rising cost of building materials is triggering abandoned projects, posing significant threats to the construction sector, and exacerbating the existing housing deficit gap, JOSEPHINE OGUNDEJI writes The recent surge in cement prices has reverberated throughout the real estate market, sparking an unexpected increase in property abandonment. Cement, as a fundamental building material, has seen its prices skyrocket […]

Labour mum as FG says planned protest violation of court order

The Attorney-General and Minister of Justice,  Lateef Fagbemi, (SAN) has urged the Nigeria Labour Congress to shelve their proposed nationwide protest. On February 16, the NLC announced a nationwide protest scheduled for February 27 and 28, in response to the economic challenges facing the country. This decision followed the conclusion of a 14-day ultimatum issued to […]

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