Olympic champion Usain Bolt wants to get back more than $12.7 million that went missing from his account with a Jamaican investment firm. Bolt’s lawyer says Bolt is ready to go to court if that is what it takes to get the money back. Bolt was alerted last week that his account balance at Kingston-based Read More…
Day: 19 January 2023
Investors, Exporters window: Naira gains 0.05%
Wednesday’s exchange rate for the naira against the dollar in the Investors and Exporters window was 461.25 naira per dollar. When compared to the value of 461.50 that it was traded for on Tuesday, this figure reflected an increase of 0.05 per cent in value. On Wednesday, the open indicative rate finished at a value Read More…
Banks must collect redesigned notes or face CBN sanctions
Godwin Emefiele, the Governor of the Central Bank, has urged commercial banks to go to apex bank locations all around the nation to obtain the new naira notes. Emefiele conveyed the decision on Wednesday in Lagos when the apex bank visited Computer Village, Ikeja, as part of its awareness-raising tour about the acceptance of the Read More…
LP ends Lagos turmoil with new caretaker committee
A new 25-person Caretaker Committee was established by the National Leadership of the Labour Party (LP) on Wednesday to oversee party operations in Lagos State. The committee will succeed the Caretaker Committee that was previously in place. While Mr. Akingbade Oyelekan, the LP National Legal Adviser, was inaugurating the committee at the party’s secretariat in Read More…
1,682 emergencies recorded in 2022 in Lagos
The Lagos State Emergency Management Agency (LASEMA) said on Wednesday that from January to December 2022, they responded to 1,682 incidents. This was contained in a statement from Lagos by Dr. Olufemi Oke-Osanyintolu, who is the Permanent Secretary of LASEMA. Oke-Osanyintolu said that the collected data showed that there were new patterns in emergency situations Read More…
New York gun restrictions survive U.S. Supreme Court review
The United States Supreme Court denied a lawsuit by a group of New York weapons retailers against a slew of Democratic-backed gun-control legislation enacted by the state last year, which the firms claimed damaged their bottom lines. The justices dismissed the dealers’ request to stay the legislation, some of which placed gun safety standards on Read More…
Church of England bishops refuse to allow same-sex marriages
The Church of England will refuse to allow same-sex couples to marry in its churches, according to plans unveiled on Wednesday, in which the centuries-old organisation stated that marriage is between a man and a woman. Bishops, one of the three parts of the Church’s governing body called the General Synod, came up with the Read More…