How Lagos Police rescued kidnapped Fouani MD, 4 others in midnight raid

Police authorities in Lagos State has said the Managing Director of Fouani Company, an LG and Hisense subsidiary, Mohamed Fouani, kidnapped alongside two Lebanese, the boat captain and his assistant, were rescued in a midnight raid. The five were rescued late on Monday night, in Orugbo Iddo area of Lagos, by the state Marine Police, […]

DStv, GOtv prices remain unchanged — MultiChoice

Multichoice, the parent company of DStv and GOtv, has refuted the claim that their subscription packages in Nigeria has been reduced. According to a source in the company, only decoder prices were reduced but subscription prices remained unchanged. “We only reduced our decoder prices and not subscription prices,” the source said. “The DStv Zapper was […]

Western multinationals fleeing Nigeria are being replaced by Asian and Turkish firms

As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, London-based Diageo Plc sold its controlling stake in Guinness Nigeria Plc to Singapore’s Tolaram Group Inc. The Fouani Group, a local firm, operates a diaper and sanitary pad plant in a complex where Cincinnati-based Procter & […]

Cost of Living: Households reduce consumption expenditure

At the backdrop of the escalating cost of living crises, the National Bureau of Statistics, NBS, has released the long awaited ‘Gross Domestic Product (GDP) Report by Expenditure and Income Approach’, the first since second half of 2023, H2’23, showing negative shift in household consumption expenditure. The report covering third quarter and fourth quarter 2023, indicated that Nigerian households […]

Minimum wage: Nigerian workers deserve reasonable adjustments – Fashola

Former Minister of Works, Babatunde Fashola said workers in Nigeria deserve reasonable adjustments to cope with the rising cost of living in the country. Fashola stated this in a piece titled, ‘Minimum Wage Review – My Take Away’. He stated, “When cost of living rises as they have now, the lowest and the highest income […]

Police smash syndicate behind fake JAMB websites, admission letters

The Police have arrested three suspects identified as Leonard Mpama, Ibang Ernest Jerome and Eshiet Odotukana Benson alleged to be the masterminds of forgery, system Interference and schemes operating phishing websites to defraud candidates taking the Joint Admission and Matriculation Board (JAMB) examinations. The suspects who were the alleged masterminds of fake websites for JAMB […]

Report reckless BRT drivers, LAMATA tells passengers

The Managing Director of the Lagos Metropolitan Area Transport Authority, Abimbola Akinajo, has encouraged passengers to report reckless drivers of state-owned buses. Akinajo, who said LAMATA had zero tolerance for misbehaviour among its drivers, said two had been jailed for defrauding passengers. The LAMATA MD stressed that payment of cash for bus fare had been […]

Consult us before submitting new minimum wage figure to NASS, Labour tells Tinubu

…says labour will demand wage arrears for workers To maintain industrial peace in the country, the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), have called on the President, Bola Tinubu, not to present any figure regarding the minimum wage bill to the National Assembly without consulting the organised labour and members […]

I faked my kidnap to extort money from my mother —27yr-old-lady

A Secondary School drop-out, Ruth Livinus, arrested for faking their kidnap, revealed yesterday that she did it to extort money from her widowed mother to establish a hairdressing salon. The 27-year-old lady was arrested alongside her live-in-lover, Isaac Gabriel, whom she alleged sold the idea to her. Parading the lovers alongside 21 other suspects arrested […]

Minimum wage: We’ll pay what we can afford — Tinubu

•Promises to send Executive Bill to N’Assembly •Says fall at Eagle Square, is ’idobale’ for democracy PRESIDENT Bola Tinubu on Wednesday night said that he would approve what is affordable as the new minimum wage, alerting the National Assembly to expect his memorandum on the final settlement. President Tinubu, who spoke during the 25th Democracy […]

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