...news, reports, issues... about Lagos
No one will notice, but under the Dolphin Bridge in Ikoyi area of Lagos, 86 rooms have been constructed housing hundreds of Lagosians illegally. Tenant in each room paid N250,000 as rent annually. Officials of the Lagos State Ministry of the Environment began demolition of the illegal structures on Tuesday and Wednesday. Kunle Rotimi-Akodu, Special […]
ABUJA – The organised labour, yesterday, gave the Federal Government, May 31, the deadline to conclude the minimum wage negotiation or face a nationwide industrial action. This came as President Bola Tinubu, promised that his administration was working on a new minimum and living wage to improve the welfare of workers in the country. The […]
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN. This is contained in a report by the Nigerian Interbank Settlement System, NIBSS, which also indicated that […]
The naira yesterday, sustained its gain at the parallel market, and for the first time in one week gains also at the official window. At the Nigerian Autonomous Foreign Exchange (NAFEM) window, naira recorded gains as it closed at N1,390.96/$1 a N28.15 appreciation compared to N1,419.11/$1 it closed on Monday. By the end of trading […]
his was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In this graphic, we ranked the top 20 countries by their amount of debt to China. These figures are as of 2022, and come from the World Bank (accessed via Yahoo Finance). The […]
The federal government last night approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. The announcement was made on the eve of May Day, or Labour Day, which is celebrated worldwide to recognise and honour the achievements and contributions of the working class. The announcement […]
About ten people have been reportedly injured in Ajegunle, Olodi Apapa, area of Lagos in a gas explosion. Gbenga Omotosho, the Lagos State commissioner for information and strategy, who confirmed the incident via his social media page, said some gas cylinders were being off-loaded into a shop on Tuesday evening when the explosion occured. “A routine offloading of gas […]
Commuters are now paying a hefty price to move from home to workplace as the persisting scarcity of fuel balloons Nigerians’ daily transport fares, putting pressure on already stressed wallets. With the petrol scarcity, many commercial drivers rely on black market sellers to source the fuel needed for their daily transport business. This explains why […]
