...news, reports, issues... about Lagos
Members of the Orilowo Perishable Food Market Association on Thursday protested at the Lagos State House of Assembly over the delay in approving the location of the market. Photos of the protest made available to PUNCH Metro showed members of the association holding placards bearing various inscriptions. The protesters demanded immediate approval for the Orilowo Perishable Food […]
Traders at the POWA (Police Officers’ Wives Association) market, Phase II Plaza, Computer Village, Lagos, have lamented demolition of their structures. The market was pulled down by police authorities on New Year day, at about 12:30 a.m., while many traders were away celebrating the holiday. The Guardian learnt that eviction notices had been posted on […]
Several beneficiaries have been jolted by the deductions of thousands of naira from their bank accounts without any notice from the banks. The loan was disbursed to households and Micro, Small and Medium Enterprises affected by the COVID-19 pandemic by the Central Bank of Nigeria through the commercial banks in 2021. The fund, which was […]
As Nigerians battle to feed in this depressed economy, there is also need to improvise to survive the effect of the economy in their businesses. Among many of the country’s economic problems is the epileptic power supply. While households are lamenting “crazy bills” Power Holding Company of Nigeria, PHCN expect them to pay for darkness, […]
Traders at the Police Officers’ Wives Association Shopping Complex in the Computer Village, Ikeja area of Lagos counted their losses following the demolition of the complex on Sunday. PUNCH Metro gathered that demolition took place in the early hours of Sunday with armed security operatives supervising the operation. The Chairman, Computer Dealer Association, in Computer Village, […]
The Corporate Affairs Commission (CAC) has extended the deadline for imposing penalties on companies that have failed to submit their annual returns from January 1, 2024, to April 1, 2024. This extension grants companies an additional four-month period to file their annual returns with the Commission. The CAC had previously warned that it would remove […]
Amid rising fraud cases, Nigerian banks have once again sent messages to customers to be vigilant during the festive season. In similar messages, the banks also provided steps on actions customers must take to avoid falling victim. Leadership reports that Nigerians have lost a whopping N51 billion savings to banking-related fraud between 2019 and July […]
Naira has been rated among the world’s worst performing currencies in 2023. This is according to Bloomberg in its latest report. It said the currency… Naira has been rated among the world’s worst performing currencies in 2023. This is according to Bloomberg in its latest report. It said the currency is poised for its worst […]
• ATMs go blank, PoS operators exploit customers• Nigerians lament as banks’ apps fail• DMBs carry over N200b USSD debt to 2024 as platform drags Added to the economic slowdown and cash crunch challenges that took the shine off the 2023 festive period, sluggish payment digital channels have compounded the woes of Yuletide. The challenge […]
• Traders rue low patronage as bag of rice hits N70,000• Shoppers settle for poor quality commodities Hopes of a fun-filled Yuletide celebrations, with plenty to eat and drink, appear to have been dashed for millions of Nigerians, following scarcity of cash and high cost of goods and services. Across Lagos and other parts of […]
