...news, reports, issues... about Lagos
The Organised Private Sector (OPSN) has decried the new tariff of N225/kwh for Band A electricity customers, saying that over 65 per cent of private business-es, especially manufacturing sec-tor and SMEs, may be forced to close down due to the high electricity tariff. The Association called for the suspension of new tariff implementation to enable […]
With reports of controversial DNA results among couples, Nigerians will no longer have reasons to send samples abroad as a DNA testing centre in Nigeria, Smart DNA, has expanded its operation in Lagos with the opening of a new office in the Lekki. The new facility is designed to better serve the growing demand for […]
The Federal Competition and Consumer Protection Commission (FCCPC) says it is taking steps to protect consumers regarding the continued rise in prices of goods and services, despite the recent appreciation of Naira against the dollar. The FCCPC, which described the situation as unacceptable, said it would not fold its hands while Nigerian consumers are being […]
For Adekunle William, chief executive officer of Dr Stitches Clothiers, the continuously rising energy costs are squeezing his business. High energy costs have tripled, forcing him to rely heavily on his generator, which is gulping down diesel at exorbitant prices, eating away his already thin profits. Adekunle is not alone in this challenging period. Across […]
Hope is in the air in the Nigerian property market that the pronouncement by Lagos State government, giving a three-month amnesty on unregistered existing structures in the state, will help to ease the country’s huge dead capital burden that, according to a PwC study, is close to $1trillion. The state governor, Babajide Sanwo-Olu, announced recently […]
