...news, reports, issues... about Lagos
The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the directive to register with the Corporate Affairs Commission after July 7, 2024. […]
The Corporate Affairs Commission (CAC) has given Nigeria’s 1.9 million PoS agents a deadline of two months to onboard and register its agents and merchants with the commission as part of plans to improve transparency and reduce fraud in the financial space. Daily Trust reports that CAC announcement is coming on the heels of the […]
The Naira on Tuesday crashed at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N62.36. This represents a 4.60 percent loss when compared to the previous trading date […]
The Oxford-AstraZeneca COVID-19 vaccine is being withdrawn worldwide due to concerns over a rare and dangerous side effect. This development came months after the pharmaceutical giant admitted for the first time in court documents that the vaccine can cause a rare and dangerous side effect, The Telegraph reports. The company disclosed this in a statement […]
Operatives of the Lagos State Police Command have arrested a fake medical doctor practising in the Ikorodu area of the state, with a forged certificate from Obafemi Awolowo University, Ile-Ife, Osun State. According to a video by the TVC posted on Tuesday, the police said they discovered about 200 patient cards with the fake medical […]
The Lagos State government has disclosed that agricultural sector contributes over N7 trillion annually to its Gross Domestic Product, GDP, due to its food sustainability and security system policy. The state Commissioner for Agriculture, Ms. Abisola Olusanya, made the disclosure, yesterday, during a ministerial press briefing to mark the first year of the second term […]
Some victims have narrated how the officials of the Lagos State task force threatened to kill them in Osun Forest after they were allegedly arrested in the Marina area of the state and later dumped at the forest in Ilesha, Osun State, on Saturday. The state government had vowed to clamp down on miscreants across […]
The Nigeria Electricity Regulatory Commission (NERC) has announced a reduction in tariff for Band A electricity customers, following a review which will happen monthly and takes into consideration the movement in exchange rates and other factors. The new electricity tariff review by NERC could push the market closer to cost-reflective tariffs that guarantee commercial returns, analysts say. […]
Gbenga Oluwafemi, suspected landlord renting out 86 apartments under Dolphin Estate Bridge, Ikoyi, has denied receiving N250,000 per annum as rent for the underbridge apartment. In a video posted by News Central on its X handle, Oluwafemi, who is popular as “Mopol,” stated that there’s no estate chairman in Dolphin Estate who wouldn’t recognise him. […]
ABUJA — Against the backdrop of continued shortages and queues at petrol stations, pump prices are now settling at higher ranges across independent marketers and some major marketers. Vanguard findings in Lagos and Abuja also show that gaps between prices at major marketers’ filling stations and those of independent marketers are widening with major marketers maintaining […]
