Business Economy Top Story

FEC approves N13.08trn budget proposal for 2021, transmits to NASS Thursday

Reading Time: 4 minutes Image Credits: GTBANK, Premium Times. The Federal Executive Council (FEC) on Wednesday in Abuja approved budgetary proposal of N13.08trillion for 2021 fiscal year. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, made this known when she briefed State House correspondents on the outcome of the Council meeting. She explained that the total Read More…

Business Featured SMEs

NBC, others empower youths with business league

Reading Time: 4 minutes Image Credits: The Irish Times. The Chief Executive Officer, Nigerian Bottling Company Limited (NBC), Mr Matthieu Seguin, on Wednesday said the organisation remained passionate about the growth of Nigerian youth, especially given the current challenges posed by the COVID-19 pandemic. Seguin made this known in a statement issued in Lagos, on his endorsement, alongside other Read More…

Crime Featured Metro Rape

Acquit me, man accused of raping two LASU students begs judge

Reading Time: 2 minutes Image Credits: Getty Images, Facebook. Afeez Ogunbowale, a suspended student of the Lagos State University (LASU) accused of raping two students of the institution, has appealed to the judge presiding over his case to discharge and acquit him. The News Agency of Nigeria (NAN) reports that Ogunbowale made the appeal to Justice Oluwatoyin Taiwo after Read More…

Infrastructure Metro Top Story

Eko bridge will be reopened in October – Controller of Works

Reading Time: 2 minutes Image Credits: NAN. The Federal Controller of Works in Lagos, Mr Olukayode Popoola, says the ongoing emergency rehabilitation of the Eko Bridge linking Alaka is almost completed and will be ready for use in October. Popoola told the News Agency of Nigeria (NAN) while inspecting the bridge in Lagos on Wednesday that the new bearings Read More…

Corruption Crime Featured Metro

EFCC opens evidence in trial of former Lagos Speaker Ikuforiji

Reading Time: 4 minutes Image Credits: Shutterstock. The Economic and Financial Crimes Commission (EFCC) on Wednesday called its first witness in the money laundering trial of former Speaker Adeyemi Ikuforiji of the Lagos State House of Assembly. Ikuforiji is charged with N338.8 million money laundering. He is facing trial alongside his former Personal Assistant, Oyebode Atoyebi, on 54-count bordering Read More…

Crime Featured Metro Rape

“Man I accommodated defiled my daughter” – witness tells court

Reading Time: 3 minutes Image Credits: FORBES. An investment banker (name withheld) on Wednesday narrated to an Ikeja Domestic Violence and Sexual Offences Court how a man he accommodated in his apartment allegedly defiled his eight-year-old daughter. The banker testified  as the first prosecution witness in the trial of one Evanus Onyebuchi for defilement. The witness was led in Read More…

COVID19 Health Nigeria Top Story

Latest COVID-19 stats indicate it’s not over yet

Reading Time: < 1 minutes Image Credits: REUTERS, George Osodi/Bloomberg. Latest statistics from the Nigerian Centre for Disease Control (NCDC) indicate that there is no cause for celebration just yet, even as the federal and state governments have relaxed all movement restrictions. On Sunday night, the NCDC announced that there were 126 new confirmed cases and 2 deaths recorded in Read More…

Featured Metro Society

Oba Oniru wants LASG to recognize “Isese Day”

Reading Time: 3 minutes Image Credits: NAN. Oba Gbolahan Lawal, the Oniru of Iruland on Lagos Island, has urged Lagos State Government to recognize “Isese Day,” set aside for the celebration of traditional religion, for global tourists attraction. Lawal made the call on Sunday during the commemoration of the World Tourism Day, held virtually and physically at Lagos Theatre, Read More…

Business Economy Featured Labour

LCCI backs subsidy removal, appeals to NLC on industrial action

Reading Time: 3 minutes Image Credits: REUTERS. The Lagos Chamber of Commerce and Industry (LCCI), has said that a reversal of the current reforms on subsidy of Premium Motor Spirit (PMS) would exacerbate the challenges of the already faltering Nigerian economy. Dr Muda Yusuf, Director-General LCCI made the assertion in a statement to newsmen on Sunday in Lagos. Yusuf Read More…

Business Economy Featured

After 6-year hiatus, EHINGBETI returns November 10

Reading Time: 3 minutes Image Credits: DERRICK CEYRAC/AFP/Getty Images, The Guardian Nigeria. Lagos State Government on Sunday unveiled plans for the 2020 Lagos Economic Summit, popularly known as EHINGBETI. Mr Sam Egube, Lagos State Commissioner for Economic Planning and Budget, said at a media interaction  in Lagos that the summit had been resuscitated by Gov. Babajide Sanwo-Olu for enhanced Read More…