...news, reports, issues... about Lagos
Oruku Caroline, a Lagos State-based widow, has narrated how N2,133,922.42 was fraudulently withdrawn from her Ecobank account by unknown persons. Oruku, 76, told FIJ that the incident happened on March 3, 2023, after she authorised two cheque withdrawals on the account. “On the day of the incident, I issued two cheque instructions to the Ecobank branch […]
Two motorcyclists, on Monday, lost their lives during an exchange of gunfire with policemen who prevented an attack on the Ipaja Division of the Lagos State Police Command. PUNCH Metro gathered that the policemen embarked on the enforcement of the existing ban on motorcycle operations in the state when the motorcyclists revolted against the action. During […]
LAGOS — President of the Nigeria Labour Congress, NLC, Mr. Joe Ajaero, and Managing Director of Financial Derivatives Company, Mr. Bismarck Rewane, at this year’s annual Vanguard Economic Discourse, traded words over Organised Labour’s N615,000 minimum wage demand which has been reduced to N497,000. While Mr Rewane contended that the minimum wage being demanded by […]
Nigerians are turning to locally-used vehicles as soaring prices make imported cars unaffordable in a country grappling with the worst cost-of-living crisis in decades. Multiple car dealers told BusinessDay that demand for locally-used cars has surged because the naira devaluation has made importation more expensive. The naira has weakened by as much as 639 percent […]
Residents and motorists commuting between the Mainland and Island experienced tales of woes on Saturday and Sunday following the closure of the Gbagada-Oworonshoki Expressway axis due to President Bola Tinubu’s scheduled commissioning of some major Federal Government road projects in the state. Motorists, who were stranded for several hours since the closure on Saturday, lamented […]
Director-General of Nigeria Employers’ Consultative Association (NECA), Mr. Adewale-Smatt Oyerinde, has urged representatives of organised labour to embrace the proposed N57,000 new minimum wage or be prepared to serve as the undertaker of organised business by insisting on N400,000 as minimum wage.The N400,000 placed on the negotiation table by organised labour represents 1,233 percentage increase […]
Nigerians are consuming content on the internet at an unprecedented pace, with monthly usage up by more than 501.99 percent since 2019. This surge has been fueled by the growing appetite for streaming services and other online activities, accessible primarily through smartphones. According to data from the Nigerian Communication Commission (NCC), monthly internet usage grew […]
International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers. Also, another group of customers categorised as bilateral power consumers did not remit about N7.61bn to the Nigerian power sector […]
Nigerians have now come to terms with the various disruptions in the nation’s economy and are focused on immediate solutions for survival. This has been the lot of many businesses, and even the ice sellers are not left out. Many people who deal in selling raw frozen food products have either embraced smoking, frying or […]
The House of Representatives on Wednesday urged the Federal Ministry of Health to issue a directive for provision of free medical treatment for pregnant women during and after delivery in public healthcare institutions across the country. The house mandated its committee on healthcare services and healthcare institutions to invite the Minister of Health “to propose […]
