In a significant move, Nigeria’s central bank announced on Thursday its intention to intermittently intervene in the country’s foreign exchange market to enhance liquidity. This decision coincides with the ending of an eight-year ban on 43 previously restricted items from accessing foreign exchange on the official market. The ban had encompassed items such as rice, Read More…
The Lagos State Government has implemented measures to combat the skyrocketing prices of building materials, with the aim of expediting ongoing construction projects and promoting the delivery of affordable housing. Mr. Moruf Akinderu-Fatai, the Commissioner for Housing, expressed his concerns during a site inspection of three estates under construction in Eti-Osa Local Government. He lamented Read More…
As Nigerians gear up for the weekend, the Nigerian Meteorological Agency (NiMet) offers a detailed weather outlook, with the coastal city of Lagos expected to face the potential impact of thunderstorms. From Friday to Sunday, atmospheric conditions across the nation are expected to be dynamic. Friday The forecast for Friday indicates dust haze over the Read More…
Eko Electricity Distribution Company (EKEDC) has announced its commitment to refund all customers who paid for meters through the Meter Asset Provider (MAP) scheme. The refund will be made in the form of a credit token within a span of six months. This assurance was given by Dr. Tinuade Sanda, the Chief Executive Officer of Read More…
Transfer speculations are heating up in the world of football, with Barcelona reportedly considering a move for Arsenal’s 31-year-old midfielder, Jorginho, who also represents Italy. As the Catalan club mulls over its options, the football world waits in anticipation of potential player movements. In a different corner of the Premier League, England defender Harry Maguire, Read More…
In a dramatic turn of events, Israel’s Prime Minister, Benjamin Netanyahu, issued a stern warning, declaring “every Hamas member was ‘a dead man’” during the first meeting of the nation’s emergency government. His statement came alongside that of the opposition figure, Benny Gantz, who characterised the situation as “a time for war.” The escalating crisis Read More…
A major political storm has erupted as the Labour Party’s (LP) presidential candidate, Peter Obi, took centre stage in the ongoing controversy surrounding President Bola Tinubu’s alleged identity crisis. Obi’s call for transparency on President Tinubu’s identity has set the stage for a heated debate in the political arena, prompting a swift and robust response Read More…
Governor Babajide Sanwo-Olu has reiterated his administration’s dedication to increased investment in infrastructure development to foster economic growth and progress. He made this declaration during a courtesy visit from the management of the Securities and Exchange Commission, led by its Director-General, Mr. Lamido Yuguda, at Alausa, Lagos. Represented by his deputy, Dr. Obafemi Hamzat, Governor Read More…
Police authorities in Lagos State have apprehended a group of fraudsters who have been using a devious scheme to deceive unsuspecting passengers by pretending to argue about a stash of dollars in their vehicle’s trunk. The Lagos State Police spokesperson, SP Benjamin Hundeyin, confirmed the arrest of the three suspects, consisting of two men and Read More…
The Lagos Chapter of the Association of Professional Women Engineers of Nigeria (APWEN) has marked the International Day of the Girl Child by imparting STEM (Science, Technology, Engineering, and Mathematics) skills to 200 girls from 15 secondary schools in Lagos. The students engaged in hands-on STEM activities, including working with paper circuits and learning how Read More…
