...news, reports, issues... about Lagos
Following the appreciation recorded at the official end of the foreign exchange market on Tuesday, the value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange market (NAFEM) on Wednesday at N1,542.58 to the dollar. Compared with the N1,551.24 which it closed on Tuesday, the naira had appreciated […]
President Bola Tinubu on Thursday reiterated his commitment to the implementation of economic reforms necessary to facilitate business growth and create investment opportunities that support Nigeria’s growing population. “We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a […]
The Lagos State Domestic and Sexual Violence Agency, a sub department of the state Ministry of Justice, has warned against false domestic and sexual violence accusations by citizens. This was disclosed in an interview with PUNCH Metro on Thursday, by the Executive Secretary of the agency, Titilola Vivour-Adeniyi. Vivour-Adeniyi deplored false accusations and statements by complainants, warning […]
The Federal Government is to stop the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically so as to warrant a crash in price. It stated on Thursday that LPG producers in Nigeria and key stakeholders in the industry had been told to stop exporting the commodity […]
Governors on Thursday denied a claim by Senate President Godswill Akpabio that the Federal Government disbursed N1.08tn to states to address the food crisis in the country. During the inauguration of the renovated central mosque in the Iseyin area of Oyo State on Thursday, the state Governor, Seyi Makinde, said as the Vice-Chairman of the […]
•Say less than 20% of FX requirement available in banks •Concerns mount over crypto speculation as naira sustains free fall at parallel market, now N1920/$ •EFCC arrests BDC operators in Kano, Ibadan •ABCON blames FX volatility on market forces, liquidity challenges Emmanuel Addeh, James Emejo in Abuja, Dike Onwuamaeze, Nume Ekeghe in Lagos, Ahmad Sorondinki […]
Former Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa said Nigerians would be able to feed themselves once the issue of insecurity is fixed. Aondoakaa said this in an interview with Arise Television on Tuesday. He said, “The main issue now is that of security. Nigerians have the capacity to feed themselves. They […]
THERE were indications,weekend, that businesses and others might be losing over N100 billion monthly as containers and petrol tankers continue to stay permanently on Apapa roads and environs in Lagos, where Tin Can and Apapa ports, factories, bonded terminals and other corporate organisations carry out their operations.Our Correspondents, who monitored the situation, noticed that the […]
ABUJA —The Department of State Services, DSS, has asked organised labour to shelve its planned nationwide protest over high cost of living and sundry issues in the country in the interest of peace. But the Nigeria Labour Congress, NLC, yesterday dared the DSS to stop the protest, advising the secret police to face its of […]
The queues, The PUNCH gathered, started building up in some parts of Lagos on Tuesday. The queue was borne out of fear by Nigerians that premium motor spirit might become scarce as a result of the now-suspended NARTO strike. On Tuesday and Wednesday, Nigerians stormed filling stations to engage in panic buying. It was learnt that the […]
