...news, reports, issues... about Lagos
Prices of essential food items have gone up by at least 30 per cent between December and April in at least eight states, according to surveys by our correspondents. The development has made consumers groan, saying the hikes in the prices of goods have affected their budgets. Prices of food items have continued to soar […]
President Bola Ahmed Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme for workers across the country. Consumer credit serves is the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as […]
Lagos State Governor, Babajide Sanwo-Olu, has flagged off the “Eko Cares” Initiative, a social intervention programme aimed at lessening the burden on residents amid economic hardship. A total of 300,000 households are expected to benefit from the inaugural programme. Beneficiaries are cut across 20 Local Government Areas, and 37 Local Council Development Areas, LCDAs, of the state. […]
Experts and stakeholders in the aviation sector have described the order by Festus Keyamo, minister of aviation and aerospace development, on the suspension of Dana Air as unprofessional and an interference on safety processes and procedures. In a letter by Emmanuel Meribole, Permanent Secretary, the ministry of aviation and aerospace development to the NCAA, he noted that […]
The naira weakened for a fourth straight day at the official market (NAFEM) on Wednesday, sliding to a low of N1,308 per US dollar, according to data by the FMDQ Securities Exchange, as dollar supply thinned. The naira also fell on the black market despite the CBN’s dollar sales to BDCs on Monday. A dollar sold for N1,350/$ in […]
