Concerns as refuse takes over drainage in Lagos

Motorists and traders have raised concerns about the illegal dumping of refuse into a drainage opposite Adebola Idowu Street in the Kosofe Local Government Area of the state. Our correspondent, who visited the area on Thursday, observed that the canal was clogged with refuse consisting mostly of disposable Styrofoam and plastics. It was also observed […]

Lagos-Calabar Highway: FG panel to pay compensation in 10 days

The Federal Government on Thursday inaugurated a compensation verification committee saddled with the responsibility of reviewing, evaluating and compensating landowners affected by the construction of the N15tn Lagos-Calabar Coastal Highway. The Minister of Works, David Umahi, who inaugurated the panel, also directed the committee to complete all verification and begin remuneration in 10 days ending […]

Teacher To Perform Community Service For Dealing In Drug

Justice Yelim Bogoro of the Federal High Court in Lagos has imposed a three-month community service sentence on a 57-year-old teacher, Oteka Azikiwe, for unlawfully dealing in various banned substances. Justice Bogoro also ordered Azikiwe to pay an additional fine of N800,000 after he pleaded guilty to a three-count charge of unlawful dealing in illicit […]

Job losses has Nigerians turn to pensions for lifeline

Pension savings have become an immediate lifeline for Nigerians as rising unemployment forced more people to draw on their balances for day-to-day expenses. This development has seen workers in both the public and private sectors who lost their jobs fall back on pension savings to survive current economic hardships. Data from the National Pension Commission shows that at the […]

Electricity Tariff: Concerns As Private Sector Fears 65% Business Closures

The Organised Private Sector (OPSN) has decried the new tariff of N225/kwh for Band A electricity customers, saying that over 65 per cent of private business-es, especially manufacturing sec-tor and SMEs, may be forced to close down due to the high electricity tariff. The Association called for the suspension of new tariff implementation to enable […]

SMART DNA expands operations in Lagos

With reports of controversial DNA results among couples, Nigerians will no longer have reasons to send samples abroad as a DNA testing centre in Nigeria, Smart DNA, has expanded its operation in Lagos with the opening of a new office in the Lekki. The new facility is designed to better serve the growing demand for […]

FCCPC deploys operators to market over rising prices on food stuff

The Federal Competition and Consumer Protection Commission (FCCPC) says it is taking steps to protect consumers regarding the continued rise in prices of goods and services, despite the recent appreciation of Naira against the dollar.  The FCCPC, which described the situation as unacceptable, said it would not fold its hands while Nigerian consumers are being […]

Small businesses struggling to survive as energy bills rise

For Adekunle William, chief executive officer of Dr Stitches Clothiers, the continuously rising energy costs are squeezing his business. High energy costs have tripled, forcing him to rely heavily on his generator, which is gulping down diesel at exorbitant prices, eating away his already thin profits. Adekunle is not alone in this challenging period. Across […]

Lagos amnesty on unregistered properties seen easing dead capital burden

Hope is in the air in the Nigerian property market that the pronouncement by Lagos State government, giving a three-month amnesty on unregistered existing structures in the state, will help to ease the country’s huge dead capital burden that, according to a PwC study, is close to $1trillion. The state governor, Babajide Sanwo-Olu, announced recently […]

Lagos govt to extend Blue Rail Line to Ogun

The Lagos State Government has said the ongoing construction of the Blue Line Phase 2 project being handled by China Civil Engineering Construction Corporation (CCECC) may be extended to Agbara in Ogun State. Mr Olasukanmi Okusaga, the Director of Rail Transport, Lagos Metropolitan Area Transportation Authority (LAMATA), stated this on Tuesday in Lagos. He added […]

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