Day: April 17, 2024

Lagos govt to extend Blue Rail Line to Ogun

The Lagos State Government has said the ongoing construction of the Blue Line Phase 2 project being handled by China Civil Engineering Construction Corporation (CCECC) may be extended to Agbara in Ogun State. Mr Olasukanmi Okusaga, the Director of Rail Transport, Lagos Metropolitan Area Transportation Authority (LAMATA), stated this on Tuesday in Lagos. He added […]

Poor remuneration: Pitiable condition of private school teachers

As the nation faces an economic crunch and the purchasing power of citizens decreases, some teachers in private schools are simply in pitiable condition. No thanks to the poor remuneration they are being paid. Most affected are teachers in semi-urban areas and low-cost schools. With a monthly salary of between N20,000 and N30,000 and the continual depreciation […]

Lagos drops from 4th to 5th among wealthiest cities in Africa

Lagos, the most populous city in Africa has been ranked 5th among 20 wealthiest cities in the continent with 4,200 millionaires, Africa Wealth Report 2024, by Henley & Partners, shows. The industrial hub of Nigeria dropped from the fourth spot it was in 2023 with 5,400 millionaires, leading to 1,200 people now out of the millionaire radar. Top […]

Garri, millet, cassava drive food inflation to record high

The rise in the prices of garri, millet, and yam, dried fish sardines and ‘akpu uncooked fermented’ pushed food inflation to a record high of 40.01 percent in March. This was revealed in the latest Consumer Price Index report by the National Bureau of Statistics (NBS). Others are mudfish dried, palm oil, vegetable oil, beef feet, beef […]

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