Tag "Ikoyi"

    ‘Two shot’ in robbery attack around a bank in Ikoyi

‘Two shot’ in robbery attack around a bank in Ikoyi

Two persons, including a policeman, were reportedly shot during an armed robbery attack near a bank in Falomo, Ikoyi axis of Lagos state, on Thursday afternoon.Some social media users narrated their experiences during the the incident which occurred around 12pm.The suspects, who were said to have escaped with a bike, reportedly took advantage of the traffic situation.TheCable could not reach [...]

0 comment Read Full Article
    Four rescued as two-storey building collapses in Ikoyi

Four rescued as two-storey building collapses in Ikoyi

Four construction workers have been rescued from the rubble of a two-storey building that collapsed at Glover's Court in Ikoyi on Friday.According to Femi Oke-Osanyintolu, director-general of the Lagos State Emergency Management Agency (LASEMA), the building which is still under construction collapsed around 4:10pm."It is a two-storey building under construction. LASEMA already activated the Lagos Emergency Response Plan for all [...]

0 comment Read Full Article
    UNDERCOVER INVESTIGATION (II): Drug abuse, sodomy, bribery, pimping… The cash-and-carry operations of Ikoyi Prisons

UNDERCOVER INVESTIGATION (II): Drug abuse, sodomy, bribery, pimping… The cash-and-carry operations of Ikoyi Prisons

Investigative journalist ‘FISAYO SOYOMBO spent two weeks in detention — five days in a Police cell and eight as an inmate in Ikoyi Prison — to track corruption in Nigeria’s criminal justice system, beginning from the moment of arrest by the Police to the point of release by the prison. To experience the workings of the system in its raw [...]

11 comments Read Full Article
    Lere Olayinka: Fayose has thrown a challenge… Buhari’s men should follow suit

Lere Olayinka: Fayose has thrown a challenge… Buhari’s men should follow suit

Lere Olayinka, spokesman of Ayodele Fayose, former governor of Ekiti state, says his principal has thrown a challenge to President Muhammadu Buhari’s men by submitting himself for investigation by the Economic and Financial Crimes Commission (EFCC).Olayinka made the remark at the federal high court, Ikoyi, where Fayose is facing trial for alleged money laundering and charges bordering on financial misappropriation.The [...]

0 comment Read Full Article
    Orji Kalu’s ‘medical trip to Germany’ stalls N3.2bn ‘fraud’ trial

Orji Kalu’s ‘medical trip to Germany’ stalls N3.2bn ‘fraud’ trial

A federal high court in Lagos state has adjourned the trial of Orji Uzor Kalu, a former governor of Abia state, till September 20 and 21 due to his absence in court.Goddy Uche, Kalu's counsel, attributed his absence to a trip to Germany for a medical surgery.Led by Awa Kalu, the defence, had on May 28 filed a no-case submission [...]

0 comment Read Full Article
    AccorHotels expands presence in Nigeria, launches two flagship brands

AccorHotels expands presence in Nigeria, launches two flagship brands

AccorHotels, a French hospitality company, has announced the launch of two of its flagship brands in Nigeria.The multinational company said it has signed agreements with TomHawksworth Limited, a property and real estate developer for the building of MGallery and Pullman – both located in Ikoyi, Lagos.Olivier Granet, chief executive officer,  AccorHotels, Middle East and Africa (MEA)  said both brands were [...]

0 comment Read Full Article
    From next week, motorists plying Lekki toll gate, Ikoyi link bridge will pay more

From next week, motorists plying Lekki toll gate, Ikoyi link bridge will pay more

The Lekki Concession Company Limited (LCC) says from February 1, 2018, motorists using the toll gate at the Victoria Island end of the Lekki-Epe expressway and Lekki-Ikoyi link bridge would have to pay more money.Currently, cars are levied N120, sport utility vehicles (SUVs) N150 and commercial buses N80 at the toll gate, while cars pay N250 and SUVs, N300 at [...]

0 comment Read Full Article
    Lai on Ikoyi cash controversy: We have authentic, fake whistleblowers… it’s so complex

Lai on Ikoyi cash controversy: We have authentic, fake whistleblowers… it’s so complex

The federal government has not been able to pay the five percent commission of the monies recovered from an apartment in Ikoyi, Lagos because of the existence of several claimants.Lai Mohammed, minister of information and culture, said the situation is very complex because "we have the authentic and fake whistleblowers".Vanguard quoted the minister as saying this during a visit to [...]

2 comments Read Full Article
    Drama as nine ‘whistleblowers’ lay claim to five percent of Ikoyi cash

Drama as nine ‘whistleblowers’ lay claim to five percent of Ikoyi cash

At least nine individuals are currently laying claim to the commission entitled to the person responsible for the information which led to the recovery of N13 billion from an apartment in Ikoyi, Lagos.The Economic and Financial Crimes Commission (EFCC) recovered the money in April, following a tip-off.Under the whistleblower policy, the individual who gives information is entitled to between 2.5 [...]

0 comment Read Full Article
    Ikoyi whistleblower now a millionaire, says Magu

Ikoyi whistleblower now a millionaire, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the “young man” who blew the whistle on the massive stash of money recovered from an apartment in Ikoyi, Lagos, is now a millionaire.In April, operatives of the anti-graft agency broke into a four-bedroom apartment on Osborne Towers, Ikoyi, and pulled out $43 million, £27,800 and N23 [...]

0 comment Read Full Article
    Man dives into lagoon in Lagos

Man dives into lagoon in Lagos

Rescue officials are currently combing the water in search of an unidentified man who plunged into the lagoon from the Lekki-Ikoyi Link bridge in Lagos state.A witness told TheCable that the incident happened around 11am."We were standing here when the man coming from the Lekki end of the bridge dropped his belongings and dived into the lagoon," he said."It happened so fast. [...]

0 comment Read Full Article
    SERAP demands identities of the real owners of Ikoyi cash

SERAP demands identities of the real owners of Ikoyi cash

[...]

0 comment Read Full Article
    EFCC ‘discovers $43.4m, £27,800 and N23.2m’ inside empty apartment

EFCC ‘discovers $43.4m, £27,800 and N23.2m’ inside empty apartment

The Economic and Financial Crimes Commission (EFCC) says it has discovered $43.4m, £27,800 and N23.2m in a house in Ikoyi, Lagos.The anti-graft agency said its operatives found the cash pile during a sting operation on Wednesday.The cash pile stashed in the apartment include dollars, pounds and naira, said the EFCC.A statement released by the EFCC said the stash was discovered in [...]

0 comment Read Full Article
    Ikoyi 800-capacity prisons now accommodate 2,358 inmates, says controller

Ikoyi 800-capacity prisons now accommodate 2,358 inmates, says controller

For the umpteenth time, the intractable problem of overcrowding in Lagos prisons came to the fore on Tuesday when the state prison authority said about 2, 358 inmates now use the Ikoyi 800-capacity facility.Tinuoye Olumide, the controller, disclosed this during a visit by Olufinmilayo Atilade, the chief judge of Lagos state, to the prison built in 1955.“There are so far [...]

0 comment Read Full Article
    4,000 passports awaiting collection at Ikoyi office, says immigration

4,000 passports awaiting collection at Ikoyi office, says immigration

  The Nigeria immigration service (NIS) says 4,000 passports are yet to be collected at the Ikoyi passport office in Lagos.Kayode Eniolorunda, passport control officer (PCO) in Ikoyi, said this on Saturday during an interaction with Crime Reporters Association of Nigeria (CRAN).He said there were more than 4,000 passport applications in the office without follow-up by their owners.Eniolorunda made the disclosure [...]

0 comment Read Full Article
    Soldier ‘kills, buries’ cobbler in Lagos

Soldier ‘kills, buries’ cobbler in Lagos

Dan Baba, a soldier from Giwa barracks in the Ikoyi area of Lagos, has allegedly killed and buried Kabiru Rabe, a cobbler, operating still in Ikoyi.Acording to NAN, the deceased family has petitioned the army and police authorities to demand for investigation into the killing.The petition said to be signed by one Kabiru Lawal, claimed that the soldier was in [...]

0 comment Read Full Article
Advertisement
Advertisement
Advertisement

Advertisement

Exchange Rates

December 05, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement