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…
Author: metro-admin2
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…
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…
Awoniyi scores classy header in Union Berlin stalemate at Stuttgart
The Liverpool loanee scored his third goal of the season as the Iron Ones picked a point against the Reds Taiwo Awoniyi found the net as Union Berlin played out a 2-2 draw with VfB Stuttgart in Tuesday’s Bundesliga outing. The Iron Ones seem to be heading for a famous away win at the Mercedes-Benz Read More…
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…
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…
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…
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…
FC Barcelona to face PSG in Champions League last 16
Barcelona will face Paris St. Germain (PSG) and former striker Neymar while title holders Bayern Munich are up against Italy’s Lazio in the last 16 of the Champions League after UEFA’s draw was held on Monday. The draw took place at UEFA headquarters in Nyon, Switzerland. The clash of Lionel Messi and FC Barcelona with Read More…
NSE bounces back with 1.73% growth
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss Read More…