Year: 2024

Policemen, okada riders clash as Lagos enforces ban

A violent clash broke out around Grammar School in the Ojodu area of Lagos State on Tuesday when police officers enforcing a ban on motorcycles in the state clashed with some commercial motorcyclists popularly known as Okada riders. PUNCH Metro correspondent, who witnessed the clash on Tuesday morning, reported that some policemen from the Ojodu Divisional […]

NNPCL differs as marketers fear fuel queues spread

Oil marketers have expressed fears that there might be scarcity of petrol if the Nigerian National Petroleum Company Limited fails to make the product available to depot owners and other dealers. They said the long queues being experienced in filling stations and some parts of Ogun State might eventually spread to other parts of the […]

Lagos bizman granted N30m bail over alleged N10m fraud

A Federal High Court sitting in Lagos on Tuesday granted N30m bail to a businessman, Lanre Smith, accused of N10m fraud. Justice Ibrahim Kala granted the bail following a motion filed and argued by the defendant’s lawyer, Akin Apara. Apara who pleaded with the court to admit the defendant to bail on liberal terms stated […]

FG: Why Some Pharmaceutical Firms Left Nigeria

The federal government has explained that the exit of pharmaceuticals from Nigeria was due to the non-domestication of their products in the country. The Minister of State for Health and Social Welfare, Dr. Tunji Alausa, made this disclosure at a World Cancer Day symposium organised by Project Pink Blue with the theme: “Economy, Tax and […]

FCCPC fumes as loan apps violate regulation amid rising payment defaults

•Harassment, defamation not option for debt recovery, Commission warns The Federal Competition and Consumer Protection Commission (FCCPC) has expressed worries over continuous violation of its Limited Interim Regulatory/Registration Framework and Guidelines by online lenders popularly known as loan apps. FCCPC, in a statement signed by its Acting Executive Vice Chairman/Chief Executive Officer, Dr Adamu Abdullahi, […]

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