Month: March 2024

Nigeria ranks 102nd happiest country in the world

The World Happiness Report released on Wednesday ranked Nigeria as the 102nd happiest nation in the world out of 143 countries. This shows that the country has slid by 7 positions over the last year as it ranked 95th in the 2023 edition of the same report. Nigeria came behind countries like Iran and Azerbaijan, which […]

‘Bricklayer shot dead, body taken away by land grabbers in Lagos’

A mother of three, Mrs. Joke Kolapo has narrated how her husband Sodiq, a bricklayer, was shot and killed by a gang allegedly working for a notorious land grabber, popularly known as Ibile in Ibeju-Lekki, Epe division of Lagos State. She spoke at a news conference held on Tuesday in Lagos where activists under the […]

Pedestrians worry over damaged bridge railings in Lagos

Pedestrians using the Falomo-Ikoyi link bridge in the Eti-Osa Local Government Area of Lagos State have expressed fear over using the pedestrian section of the bridge owing to its damaged railings. The pedestrians expressed their concerns while speaking with PUNCH Metro on Monday. Our correspondent, who monitored activities around the bridge on Monday, observed that some parts […]

Subsea cable: Services successfully restored – MTN

Bayobab Group, a subsidiary of MTN Group, has announced the successful restoration of its services following subsea cable disruptions. The telecom operator disclosed this in a statement on Tuesday. It said that despite the challenges occasioned by the cable disruptions, its subsidiary demonstrated its capabilities by swiftly recovering over 3 Terabits per second (Tbps) of […]

CBN intervention funds: Lagos state borrowed N196 billion for rail projects

The Lagos state government borrowed around N196 billion via the Central Bank of Nigeria (CBN) intervention funds for the Redline and Blueline rail projects across the state. This is contained in the CBN development finance report detailing the intervention disbursement by the apex bank in the last four years. According to the report, Lagos state […]

Save A Soul Initiative Gives Humanitarian Award To Yahya

LAGOS- Save A Soul Initiative, a non-governmental organization, has given an award to Mr. Babatunde Yahya in recognition of his humanitarian service to Lagos residents and other Nigerians.  Speaking at event at the event, the founder of the initiative, Mr James Nwakamma, said that the organisation gives out awards to people who have provided humanitarian service […]

Power Distribution Companies borrow N273.24 billion from CBN to purchase meters, others

The eleven Electricity Distribution Companies (DisCos) in Nigeria obtained a credit facility totalling N273.34 billion from the Central Bank of Nigeria which was allocated to purchase 414,000 meters and enhance their distribution capacity nationwide. This is contained in a report from CBN covering a detailed assessment of the N10.3 trillion developmental finance between 2015 to […]

Dangote says manufacturers must focus on consumers’ rights

In these days of artificial intelligence, AI, where consumers are faced with information overload on many products and services which may turn out to be false or less than what is promised, the Group Executive Director, Commercial Operations at Dangote Industries Limited (DIL), Hajia Fatima Aliko Dangote, has said the consumers have the right to know […]

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