The Lagos State Government has announced lifting the ban on activities of the Road Transport Employers’ Association of Nigeria (RTEAN) within the state, signalling a new phase in the transport sector’s dynamics. According to Mr. Sola Giwa, the Special Adviser to the Governor on Transportation, the decision reflects the government’s commitment to fostering peace and Read More…
Day: 19 February 2024
Haziness and cloudiness predicted over Lagos from Monday to Wednesday
The Nigerian Meteorological Agency (NiMet) has issued a weather forecast indicating haziness and cloudiness across Nigeria from Monday to Wednesday, with particular implications for Lagos and surrounding areas. According to NiMet’s weather outlook released on Sunday in Abuja, moderate dust haze with a horizontal visibility range of 2km to 5km is expected over the northern Read More…
LASG pushes against soaring food prices, residents expectant
Residents of Lagos State are expecting the government to take proactive measures to tackle the escalating costs of food items and consumables in the region. This is exactly what the Lagos State Government has chosen to do. In a recent announcement during the conclusion of a two-day retreat at Orchid Hotels in Lekki, Ms. Abisola Read More…
LASG orders closure of Mandilas Market for cleanup
The Lagos State Government has taken decisive action to close Mandilas Market for two days, aiming to ensure compliance with its directive for the removal of illegal make-shift structures along road setbacks within and around the market area. The closure notice was issued following a joint inspection and enforcement exercise conducted by the Lagos State Read More…
Federal High Court Discharges Sowore and Bakare of Treason Charges
Omoyele Sowore and Olawale Bakare have been discharged of alleged treasonable felony charges by the Federal High Court, Abuja. This decision follows the withdrawal of the charges by the Attorney-General of the Federation (AGF), Mr Lateef Fagbemi, SAN. Justice Emeka Nwite, in his ruling, announced the discharge of the defendants, stating, “In view of the Read More…
Defence Minister reiterates ban on unauthorised camouflage use
Dr. Bello Matawalle, the Minister of State for Defence, has reaffirmed the prohibition on the unauthorised use of camouflage uniforms across the country, citing the prevailing security situation as the basis for the directive. Matawalle stressed that only the Armed Forces and the Police are permitted to use camouflage uniforms during joint operations. He underscored Read More…
Protests erupt in Ibadan over economic hardships, Seyi Tinubu encourages endurance
A wave of protest swept through Ibadan, the capital of Oyo State, on Monday, as citizens expressed their frustrations over the economic challenges stemming from the policies of President Bola Tinubu. The demonstrators, predominantly youths, took to the streets, blocking major thoroughfares to highlight the escalating cost of living nationwide. They demanded urgent government action Read More…
EU launches investigation into TikTok over alleged breach of online content rules
The European Union has initiated an investigation into ByteDance’s TikTok to determine whether the social media platform violated online content regulations aimed at safeguarding children and ensuring transparent advertising, announced EU industry chief Thierry Breton on Monday. Breton stated, “Today we open an investigation into TikTok over a suspected breach of transparency & obligations to Read More…
NACCIMA urges Finance Minister on transparent financial strategy and tax relief for private sector growth
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Minister of Finance, Mr. Olawale Edun, to prioritise transparent financial strategies and tax relief to foster private sector development. Mr. Dele Oye, the National President of NACCIMA, conveyed this message during a statement issued on Saturday in Lagos following Read More…
Financial services sector dominates trading activities on NGX equity market
The financial services sector took the lead in trading activities on the equity market of the Nigerian Exchange Ltd. (NGX) during the week, as investors engaged in transactions totalling 1.6 billion shares valued at N36.50 billion across 42,546 deals. According to the NGX weekly market report, this week’s turnover contrasted with the previous week’s figures Read More…