Saturday, November 17, 2018

Tag "lagos"

    NIPOST revokes licence of ABC Transport courier service

NIPOST revokes licence of ABC Transport courier service

The courier regulatory department (CRD) of the Nigerian Postal Service (NIPOST) has revoked the operational licence of Associated Bus Company (ABC) Transport and thirteen other courier companies.Simon Emeje, senior assistant post-master general of NIPOST, told journalists in Lagos that the operational licences were revoked for non-renewal for the period of four years running.He listed the remaining companies as Arrowhead Courier [...]

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    Ambode scraps ministries, fires LSDPC director

Ambode scraps ministries, fires LSDPC director

Akinwunmi Ambode, governor of Lagos state, on Friday abolished some ministries in the state and relieved Taofeek Oki of his duties as the managing director of the Lagos state development and property corporation (LSDPC).He also scrapped all parastatal monitoring offices (PMO) and ordered that all the ministries assigned with the responsibility of superintending over some parastatals and boards to henceforth [...]

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    Naira depreciates against major currencies

Naira depreciates against major currencies

The naira at the parallel market depreciated against three international currencies at the close of trading for the week.A survey carried out by NAN in Lagos on Friday showed that the Nigerian currency depreciated by N1 or 0.45 per cent against the dollar due to high demand.It sold for N221 against the dollar from the N220, which was the rate [...]

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    REVEALED: Zamfara, state with the least IGR

REVEALED: Zamfara, state with the least IGR

The National Bureau of Statistics (NBS) has published the Internally Generated Revenue (IGR) of states in the federation, with Lagos emerging the most viable state with a 2014 IGR of N275,163,978,675.95 and Zamfara the least viable with N3,149,630,553.98.In distant second is Rivers State with N89,112,448,347.58, which is N186 billion less than the Lagos figure, while Delta state was third, generating [...]

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    Family loses 3 children to inferno in Lagos

Family loses 3 children to inferno in Lagos

Three children of the same parents died in an inferno that destroyed their three-room-self-contain apartment in Egbeda-Akowonjo area of Lagos state, on Saturday night.The incident caused by a candle-lit occurred around 10 pm at 20, Fakoya street Vulcaniser bus stop, Egbeda Akowonjo.It left the three kids, identified as: Ifeoma, 9; Emeka, 7; and Udeoma, 3 dead.Razak Fadipe, director of Lagos state [...]

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    Obasa emerges speaker of Lagos assembly

Obasa emerges speaker of Lagos assembly

Mudashiru Obasa, the lawmaker representing Agege constituency 1 in the Lagos state house of assembly, has emerged speaker of the assembly.Obasa was elected on Monday during the inauguration of the eighth assembly.Olanrewaju Oshun of Mainland constituency 2 moved the motion for his nomination, which was seconded by Sola Giwa of Lagos Island constituency 2.A fourth-term lawmaker, Obasa was chairman of [...]

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    30 houses razed in another tanker explosion

30 houses razed in another tanker explosion

Three days after a 33, 000 litre capacity tanker loaded with fuel skidded off a bridge at the Iyano-Ipaja area of Lagos, burning residential buildings, shops and vehicles, a similar incident has occurred at Idimu, a few kilometers from Iyano-Ipaja.Witnesses said the latest incident happened around 1am but that men of the state fire service were able to contain the situation [...]

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    120 escape death mid-air in ‘faulty’ Aero aircraft

120 escape death mid-air in ‘faulty’ Aero aircraft

About 120 passengers aboard Aero Contractor Airline Flight 180 from Lagos to Kaduna escaped death late Friday when the plane developed technical fault mid-air.The aircraft suddenly lost altitude 20 minutes after departure, forcing it to wobble in the air for over one hour before eventually diverting to Abuja.“The plane lost altitude 20 minutes after take off. No more oxygen and [...]

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    Choirmaster arraigned for ‘raping’ female chorister

Choirmaster arraigned for ‘raping’ female chorister

Adewale Babalola, a choirmaster at Christ Our Light Glory Church, Sanya in Surulere Lagos, was arraigned before a Yaba chief magistrates' court in Lagos on Thursday for allegedly having unlawful carnal knowledge of a 16-year-old chorister in his church.According to Godwin Anyanwu, the prosecutor, the accused committed the offence on December 2, 2014 at 11, Maxwell Ijeh street, Aguda, still in [...]

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    Lagos assembly postpones inauguration

Lagos assembly postpones inauguration

The Lagos state house of assembly has postponed the inauguration of the 8th assembly earlier scheduled for Thursday.Bose Lambo, the assembly’s head of information, disclosed this on Wednesday, saying the shift was “due to unforeseen circumstances”.Lambo said the event would now hold on Monday, June 8."All inconveniences are highly regretted please," she said in a statement.The 7th assembly held a [...]

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    Court orders NDLEA out of Kashamu’s residence

Court orders NDLEA out of Kashamu’s residence

A federal high court in Lagos has ordered the National Drug Law Enforcement Agency (NDLEA) out of the residence of Buruji Kashamu, the senator-elect of Ogun east district.NDLEA stormed the private residence of Kashamu in the Lekki area of Lagos in the early hours of Saturday with the intention of arresting him based "on a formal request of extradition from [...]

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    Tribunal to hear Agbaje’s petition on May 26

Tribunal to hear Agbaje’s petition on May 26

The Lagos state governorship election petition tribunal has fixed May 26 to begin hearing in the petition filed by Jimi Agbaje, candidate of the Peoples Democratic Party (PDP), in the April 11 election in the state.Agbaje had petitioned the tribunal to challenge the declaration of Akinwunmi Ambode of the All Progressives Congress (APC) as the winner.The date was fixed by [...]

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    NOI: Governors got N2.92tr from ECA in 4 years

NOI: Governors got N2.92tr from ECA in 4 years

Five days after Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy, promised that the ministry would publish details of the excess crude account (ECA) for the last four years, the information has been made public.Paul Nwabuikwu, her special adviser on communications, released a statement late Sunday, revealing that the federal and state governments shared a total of [...]

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    Ambode releases official portrait

Ambode releases official portrait

Akinwunmi Ambode, the governor-elect of Lagos state, released his official portrait (pictured) four days ahead of his swearing-in ceremony.He said from May 29, he wants to be addressed simply as Akinwunmi Ambode, the governor of Lagos state.“He, hereby, puts it on record that from May 29, 2015, he wishes to be addressed as Mr. Akinwunmi Ambode, the governor of Lagos [...]

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    Army court-martials 579 officers in Abuja, Lagos

Army court-martials 579 officers in Abuja, Lagos

A total of 579 officers of the Nigerian army have been court-martialled for sundry offences at the army headquarters garrison and 81 division in Lagos.Sani Usman, acting director of army public relations, confirmed this to journalists in Abuja on Wednesday.“There are currently two separate court martials going on at the army headquarters garrison and 81 division, Nigerian army, with a [...]

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    APC’s ‘PhD victory’ over PDP in the 8th assembly

APC’s ‘PhD victory’ over PDP in the 8th assembly

On April 29, which is exactly a month to the inauguration of the new government, Muhammadu Buhari, Nigeria’s president-elect, attended the induction of the new members of the eighth assembly and used that opportunity to seek the support of the legislators.While the leadership of the APC is still strategising on how to produce the parliament's leaders, TheCable examines the makeup [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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