...news, reports, issues... about Lagos
The complaints of five banks’ customers in 2023 increased by over 63.54 per cent to over 10 million from 6.12 million in the previous year. According to The PUNCH analysis of their audited financial results filed with the Nigerian Exchange Limited in recent weeks, more than half of the complaints came from the customers of one of […]
Barely one week after the new tariff regime which increased electricity tariff by 231 per cent for category A consumers, there are indications that the electricity supply capacity is grossly inadequate to meet the 20 hours per day minimum benchmark for the new tariff while accommodating another category of consumers. The 11 Electricity Distribution Companies, DisCos, […]
Foreign airlines have further slashed airfares on the Lagos-London route to compete with Air Peace, which recently commenced flight operations on the route. Air Peace started direct flights from Lagos to London on March 30, pegging its price for a round-trip economy ticket at N1.2m on a route that foreign airlines had charged as much […]
One of the passengers on the yellow bus involved in an accident around 11:45 am on Lagos’ Third Mainland Bridge on Wednesday has narrated her experience. The victim, who wished to be identified as Aproko Nurse, told FIJ that he boarded the bus on Allen Avenue, Ikeja, and it was en route to Lagos Island […]
Despite the recent electricity tariff hike from N66 per kilowatt-hour (kWh) to N225/kWh, Nigeria still stands among the countries with the cheapest electricity tariff in West Africa. On April 3, 2024, the Nigerian Electricity Regulatory Commission (NERC) announced an increase in the tariff payable by electricity customers under the Band A category (homes that enjoy up to […]
