Featured Metro Real Estate

Residents, traders express shock over demolition of FESTAC Town market

Some Festac Town residents and traders in Lagos State on Tuesday expressed shock and anger over the demolition of the Oyinlola Market popularly called ”23 Road Market” by government. They said the demolition showed the state government’s “insensitivity” to the plights of the people, especially as the Coronavirus (COVID-19) had brought untold hardship to them. Read More…

Business Economy Inflation Top Story

Lagos Chamber explains mounting inflation

The Lagos Chamber of Commerce and Industry (LCCI) says the mounting  inflationary pressure reported in the November 2020  was expected, given the prevailing economic conditions and escalating cost environment. Dr Muda Yusuf, Director-General, LCCI made the assertion in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. NAN reports that the Read More…

Business Featured Stocks

NSE market capitalisation inches higher by N199bn due to bargain hunting

The Nigerian equities on Tuesday,  extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close at N18.410 trillion compared with N18.211 trillion achieved on Monday. Also, the All-Share Index gained Read More…

Featured Football Sports

National Sports Festival postponed again to Valentine’s Day 2021

The National Council on Sports (NCS) has approved the postponement of the National Sports Festival (NSF) again from Jan. to Feb. 14 – 28, 2021 in Edo State, the Permanent Secretary, Ministry of Youth and Sports Development, Mr Gabriel Aduda, announced in Abuja. The Council, under the chairmanship of the Minister of Youth and Sports Read More…

Metro Society Top Story

Lagos Govt to begin sale of LAKE rice at lower price before Christmas

The Lagos State Government says it will begin the sales of rice before Christmas celebration to residents in collaboration with Kebbi Government and Central Bank of Nigeria (CBN). The Commissioner for Agriculture, Ms Abisola Olusanya, told newsmen on Monday in Lagos that about 100,000 bags of 50 kg were being expected for sales at N20,000 Read More…

Featured Metro Society

Ahead Yuletide, Lagos State disinfects 33 live bird markets

The Lagos State Government on Monday began a five-day pre-festive disinfection and decontamination of 33 live bird markets across the state. The Commissioner for Agriculture, Ms Abisola Olusanya, kicked off the exercise at the Awolowo Live Bird Market, Mushin Local Government Area of the state. Olusanya noted that the exercise was aimed at preventing the Read More…

Business Metro Real Estate Top Story

Investment in real estate ‘ll reduce unemployment – Lagos Govt

Mrs Toke Benson-Awoyinka, the Special Adviser to Gov. Babajide Sanwo-Olu of Lagos State on Housing, says investments in real estate sector can guarantee mass employment for Nigerians and enhance economic growth. Benson-Awoyinka said on Monday in a statement that the Lagos State Real Estate Regulatory Authority (LASRERA) had not relented in its efforts to unearth various opportunities Read More…