Monday, September 24, 2018

Tag "lagos"

    Lagos reduces debt by $20m but retains highest foreign debt portfolio

Lagos reduces debt by $20m but retains highest foreign debt portfolio

Lagos has retained its position as the state with the highest foreign debt in the country, with a foreign debt put at $1.45 billion as at June 30.This is according to a report by the Debt Management Office (DMO), on Wednesday in Abuja, titled: States, Federal Capital Territory (FCT) and Federal Governments’ External Debt Stock as at June 30, 2018.According [...]

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    VIDEO: Police parade 57 ‘homosexuals’ arrested in Lagos

VIDEO: Police parade 57 ‘homosexuals’ arrested in Lagos

The Lagos police command have paraded 57 persons suspected to be involved in homosexual activities in the Egbeda area of the state.Edgal Imohimi, Lagos commissioner of police, confirmed the arrest to reporters during a news conference.He said the suspects were picked up on Sunday at 2am while they were performing "gay-initiation" for newly recruited members.Below is a video of the [...]

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    Lagos PDP chairman defects to APC with over ‘10,000 members’

Lagos PDP chairman defects to APC with over ‘10,000 members’

Moshood Salvador, chairman of the Peoples Democratic Party (PDP) in Lagos state, has defected to the All Progressives Congress (APC) with "over 10,000 members" of the opposition party.He announced his defection to journalists at his residence in the Surulere area of the state on Monday.Salvador said he was no longer comfortable with "greedy leaders who are fond of telling lies [...]

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    Buhari’s former supporter begins ‘trek from Lagos to Abuja’, says APC is dead

Buhari’s former supporter begins ‘trek from Lagos to Abuja’, says APC is dead

Muhammad Mukaila, one of the supporters of President Muhammadu Buhari who reportedly trekked a long distance to celebrate the emergence of the president in 2015, has expressed regrets over his action.Speaking with journalists in Lagos on Thursday, Mukaila said he wished he had not embarked on the long trek three years ago.He also announced the commencement of "Anger Trek" from [...]

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    PHOTOS: Osinbajo storms Bariga on Sallah day

PHOTOS: Osinbajo storms Bariga on Sallah day

Vice-President Yemi Osinbajo held a townhall meeting in the Bariga area of Lagos state on Tuesday. Osinbajo was accompanied by Anthony Adefuye, a former senator, alongside Abdusalau Ahmed, chairman Bariga local council development area.Here are pictures.[...]

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    When the worst of the best is better than the rest

When the worst of the best is better than the rest

BY KEHINDE BAMIGBETAN The set theory is a commonsensical heritage of arithmetics. By defining a selection from a universe as a set, it makes value judgments that could relate to the mass. The Economist Intelligence Unit, the research arm of the highly prestigious Economist news magazine experiments with the set theory every year. To execute its livability survey, it selects 140 [...]

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    Third mainland bridge to be closed after Eid-el-Kabir

Third mainland bridge to be closed after Eid-el-Kabir

The Lagos state government says the third mainland bridge will be shut down for four days.Ade Akinsanya, Lagos commissioner for works and infrastructure, said the closure will begin from August 23 to 26 for investigative maintenance test to be carried out.The bridge will be closed a day after 2018 Eid-el-Kabir celebration.Sina Thorpe, deputy director, public affairs division of the works ministry, [...]

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    Report: Lagos is world’s fourth cheapest city to live in

Report: Lagos is world’s fourth cheapest city to live in

Lagos, Nigeria's economic capital, is the fourth cheapest city in the world.The Economist Intelligence Unit on Wednesday, 2018 Worldwide Cost of Living report released on Wednesday, Lagos ranked 130 of the 133 cities surveyed.In a separate report released on Tuesday, EIU had ranked Lagos as the third worst city to live in the world.Explaining the correlation between both reports, EIU [...]

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    Lagos APC adopts direct primary for 2019 elections

Lagos APC adopts direct primary for 2019 elections

Aspirants vying for various elective positions under the All Progressives Congress (APC) in Lagos will face direct primary.Bola Tinubu, national leader of the party, announced this at a stakeholders’ meeting held at the party’s secretariat on Acme Road, Ogba, Lagos, on Tuesday.He said the party would immediately commence the process of registering new members, while the old members who had [...]

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    I’ll win Nigeria Open in future, says youngest player at ITTF Challenge

I’ll win Nigeria Open in future, says youngest player at ITTF Challenge

Musa Mustapha, nine, the youngest player at the ongoing Nigeria Open, says he will win the tournament in the future.Musa alongside his brother, Mustapha, 10, played their first international tournament on Wednesday in the U-21 men’s singles.The youngest players at the Nigeria Open 2018 hail from Borno state.Despite being overpowered by their older opponents in both their two group matches, the [...]

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    Conference of speakers elects Obasa as chairman

Conference of speakers elects Obasa as chairman

The Conference of Speakers of State Legislatures of Nigeria has elected Mudashiru Obasa, speaker of the Lagos house of assembly, as its new chairman.The conference elected new executives at its 2018 second quarter conference held between August 3 and August 5, in Ikeja, Lagos.Obasa takes over from Isamaila Kamba, his Kebbi state counterpart.Reading the communiqué at the end of the [...]

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    PHOTOS: Osinbajo, Ambode meet maritime stakeholders in Apapa

PHOTOS: Osinbajo, Ambode meet maritime stakeholders in Apapa

Vice-President Yemi Osinbajo and Akinwunmi Ambode, Lagos state governor, on Thursday met with maritime unions and stakeholders to find a lasting solution to the longing gridlock on Apapa-Oshodi expressway.Osinbajo had ordered the evacuation of trucks from the Apapa expressway.The vice-president inspected the state of the road after meeting with stakeholders and maritime unions in order to find a lasting solution to [...]

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    Police parade teenager who ‘faked her kidnap’

Police parade teenager who ‘faked her kidnap’

The Lagos state police command on Monday paraded some suspects, including Dorcas Adilewa, a 19-year-old girl who allegedly faked her kidnap to defraud her father.Imohimi Edgal, the state commissioner of police, said Adilewa planned with one Ifeoluwa Ogunbanjo, her friend, who allegedly provided her with a phone.According to Edgal, Adilewa called her father, Adilewa Taiwo, demanding N600,000 ransom while claiming that [...]

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    Vulnerability and the art of conversation: Between a SARS arrest and a street fight

Vulnerability and the art of conversation: Between a SARS arrest and a street fight

BY TOYE SOKUNBILagos is often depicted as a lawless city of faceless crimes on the front pages. And don't get me wrong, Lagos is scary. But that's because everything is transactional, so everyday interactions seem to be plagued with the potential for gain and the fear of loss.What the news won’t tell you is that the possibility of getting [...]

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    Police sack four SARS operatives for robbery, abduction

Police sack four SARS operatives for robbery, abduction

Four policemen attached to the special anti-robbery squad (SARS), Ikeja, Lagos state, have been dismissed over alleged robbery and other crimes.Adamu Ibrahim, the assistant inspector-general in charge of zone 2 command, approved their dismissal.According to Dolapo Badmus, the zone’s spokesperson, the dismissed officers are Adeoye Adekunle, Adekitan Adebowale, Agbi Lucky and Odighe Hehosa.She said the policemen were also charged to [...]

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    Lagos PDP chieftain shot dead during party meeting

Lagos PDP chieftain shot dead during party meeting

Borishade Adeniyi, a Peoples Democratic Party (PDP) cheiftain in Lagos, was on Saturday shot dead during a meeting of party members.Chike Oti, Lagos command police spokesman, confirmed the incident in a statement on Sunday.Oti said the shooting occurred at Igbosuku village, Eti-Osa LGA, where the meeting held.According to Oti, a fracas broke out between the factions loyal to Moshood Salvador, a [...]

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Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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