The MTN Group has announced plans to sell 575 million shares in MTN Nigeria. This is contained in a notice signed by the Company Secretary, Mrs Uto Ukpanah on Thursday in Lagos. The statement said the public offer would be by way of book build to institutional investors and fixed prices to retail investors. “Today Read More…
It is now illegal for receipts or documents to be issued without the stamp denotation of the Nigerian Postal Service (NIPOST). This was declared on Thursday when NIPOST officially launched the stamp denotation implementation for traders at the Alaba International Market, Ojo, in Lagos, according to a News Agency of Nigeria (NAN) report. Dr Ismail Read More…
A report by the News Agency of Nigeria (NAN) says the casualty figure at the collapsed 21-storey high-rise building at Gerrard Road, Ikoyi, now stands at 39. Among the dead, according to NAN quoting a reliable source, is MD/CEO Fourscore Homes, owner of the collapsed building, Femi Osibona. The report says the bodies retrieved from Read More…
In picture above: Lagos State Governor, Mr. Babajide Sanwo-Olu (second right), Commissioner for Special Duties & Inter-Government Relations, Engr. Tayo Bamgbose-Martins (right) and Director-General, Lagos State Emergency Management Agency (LASEMA), Dr. Femi Oke-Osanyintolu (left) during a revisit to the site of the Ikoyi building collapse, on Thursday, November 4, 2021. Credit: LASG The Lagos State Read More…
The chances of survivors being rescued grew slimmer as rescue work has now gone beyond the third day of the collapse of a high-rise building under construction with scores of people trapped in debris in the rich suburb of Ikoyi, Lagos. The collapsed building was one of three blocks that had been planned to be Read More…
In picture above: People react as they gather at the site of a collapsed building in Ikoyi, Lagos, Nigeria, November 1, 2021. REUTERS/Temilade Adelaja Various sources are citing increasing casualty figures as salvage work at the collapsed 21-storey highrise building continues. While the Lagos State government on Tuesday said 14 people were dead as at Read More…
A luxury residential highrise under construction in Ikoyi collapsed on Monday, and witnesses say that several workers were trapped under a pile of concrete rubble According to workers who escaped the collapse, it is possible that about 100 people were at work when the building came crashing down. Building collapses have become frequent in Lagos, Read More…
Oct 30 (Reuters) – Chelsea moved three points clear at the top of the Premier League after Manchester City lost 2-0 at home to Crystal Palace and Liverpool were held to a 2-2 draw by Brighton & Hove Albion on Saturday. Manchester United repaired some of the damage from their 5-0 hammering by Liverpool last Read More…
An official of the Lagos Metropolitan Area Transport Authority (LAMATA) has said that Lagos Blue rail lines will be operational by Dec. 31, 2022. News Agency of Nigeria (NAN) reports that the Railway Engineer of LAMATA, Mr Joseph Akinpelu, said this when he led 57 Students of Leisure and Tourism Management (LTM), Yaba College of Read More…
The 26th session of the United Nations Framework Convention on Climate Change Conference of the Parties, popularly known as COP26, takes place between 31st October and 12th November 2021 in Glasgow, Scotland. It is happening at a time when the world has just experienced one of the warmest years on record. The year 2020 reached Read More…