Saturday, February 23, 2019

Tag "lagos"

    Fidelity Bank begins Saturday banking services

Fidelity Bank begins Saturday banking services

Fidelity Bank has announced the commencement of Saturday banking services in select branch locations across the country.The bank said the initiative is in line with the its mission to make financial services easy and accessible, especially with its renewed effort to provide a new face of service in the industry.The Saturday banking services will be "effective immediately" and will be between 10am [...]

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    Lagos in total traffic lockdown

Lagos in total traffic lockdown

There was gridlock in different parts of Lagos on Monday following the return of heavy duty vehicles to major roads in the state.The government had restricted the movements of trucks within the metropolis to 9pm and 6am after an accident involving a truck led to the loss of three lives in the Ojuelegba area of the state earlier in the [...]

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    Tinubu, Elegushi, Ayorinde in Ambode’s 36-man cabinet

Tinubu, Elegushi, Ayorinde in Ambode’s 36-man cabinet

Akinwunmi Ambode, governor of Lagos state, on Monday presented the list of his cabinet members to the state house of assembly for screening.Ambode sought the approval of the assembly to have 36 persons in his team; 23 as commissioners and 13 as special advisers.Among the names sent to the assembly are those of six members who served in the immediate-past [...]

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    Pipeline vandals kill 7 DSS operatives in Lagos

Pipeline vandals kill 7 DSS operatives in Lagos

Seven operatives of the Department of State Services (DSS) were killed by pipeline vandals at the Ikorodu area of Lagos on Tuesday night.A source told TheCable that pipeline vandals laid ambush for the officers at the Isawo axis of the area and surrounded them as they got to the spot.The corpses of the officers were also said to be taken away [...]

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    Fair to boost local production of rice holds in Lagos

Fair to boost local production of rice holds in Lagos

Growth and Employment in States – Wholesale and Retail Sector (GEMS4), an organisation targeting the growth of small and medium enterprise, is set to hold a three-day fair for boosting rice production in Nigeria.According to the organisers, the fair with theme: ‘Growing business opportunities with Nigerian rice’, will provide a platform for the public to experience firsthand the quality of [...]

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    THE QUESTION: Are low-cost private schools the solution to Lagos’ education problems?

THE QUESTION: Are low-cost private schools the solution to Lagos’ education problems?

Lateef Jakande, the first civilian governor of Lagos state is regarded as an icon of good public education in the state, after the order of Obafemi Awolowo’s free education. As far back as 1979, Lagos state had an education deficiency that led Jakande to construct the much-maligned makeshift classrooms, which his critics branded “chicken pens”.Despite criticism, Jakande went on to build at [...]

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    13-year-old saxophonist plays for children living with cancer

13-year-old saxophonist plays for children living with cancer

Beyond his musical prowess as a saxophonist, 13-year-old Nigerian prodigy, TJ Emore, has taken his acts to new heights, gives hope to children living with cancer.Popularly known as TJ Sax, the soulful and skillful musical genius has shown that age does not matter when it comes to giving back to his society.This he does by lending his support to the [...]

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    Petrol tankers not affected by ban, says Lagos govt

Petrol tankers not affected by ban, says Lagos govt

The Lagos state government on Sunday clarified the law restricting trailers and articulated vehicles from plying the metropolis between 6 am and 9 pm.Oluseyi Whenu, a permanent secretary in the ministry of transport, gave the clarification, saying petrol tankers and long vehicles used in conveying passengers were allowed to travel at any time.“Section 2 of the traffic law ‎restricted movement [...]

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    Pastor charged with ‘raping’ teenager during deliverance

Pastor charged with ‘raping’ teenager during deliverance

A 40-year-old pastor, Abraham Akpan, was arraigned in an Ikeja magistrates' court on Friday over the defilement of a teenager.Akpan, a resident of 39, Hassan Ogunmola street in Ijaiye, a suburb of Lagos, was arraigned on a three-count charge bordering on rape.Jimah Iseghede, the prosecutor, told the court that Akpan committed the offence between August 27 and August 29 at [...]

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    NUPENG: Petrol tankers not affected by Lagos ban

NUPENG: Petrol tankers not affected by Lagos ban

The National Union of Petroleum and Natural Gas Workers (NUPENG) on Friday said petroleum tankers were not affected by the Lagos state government daytime operational restriction.Tokunbo Korodo, south-west chairman of the union, said petrol tankers could deliver products to any destination within the state at any time.“We are aware of this directive by the LASG but the law did not [...]

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    Trucks ban: Clearing agents threaten to shut Lagos ports

Trucks ban: Clearing agents threaten to shut Lagos ports

The Association of Nigerian Licensed Customs Agents (ANLCA) on Thursday threatened to shut down the Lagos ports over restriction order on movement of trucks.This is contained in a statement made available to reporters by Kayode Farinto, national publicity secretary of the association.The statement said the association might have no option than to collaborate with trailers drivers, ask its members to [...]

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    Adefuye to be buried Sept 18

Adefuye to be buried Sept 18

Adebowale Adefuye, who until his death on August 27 was Nigeria’s ambassador to the United States of America, will be buried at Ikoyi Vault and Gardens in Lagos on September 18.This was disclosed in a statement signed on behalf of his family by Babatunde Adefuye.According to the statement, the Christian wake keep will take place at Harbour Point, in Victoria [...]

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    After 2 crashes, Lagos restricts movement of trailers

After 2 crashes, Lagos restricts movement of trailers

Following two truck accidents in a space of three days, the Lagos state government is enforcing the road traffic law 2012 restricting trailers and long vehicles from plying the metropolis between 6am and 9pm.Oluseyi Whenu, permanent secretary at the ministry of transportation, disclosed this at a meeting with the leadership of the various transport unions in the state.He explained that the [...]

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    Nigeria one of the ‘hardest’ countries to do business

Nigeria one of the ‘hardest’ countries to do business

The World Bank Group (WBG) has ranked Nigeria as one of the hardest countries to do business in 2015, falling 23 places down the rankings when compared with the 2014 report.In a report by the bank, Nigeria ranked 170 of 189 countries on the ease-of-doing business index. It ranked 147 in 2014.While Eritea was at the bottom of the table as [...]

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    REVEALED: There are 9,100 dollar-millionaires in Lagos!

REVEALED: There are 9,100 dollar-millionaires in Lagos!

There are at least 9,100 dollar-millionaires in Lagos, West Africa’s commercial capital, with about 1,000 each in Abuja and Port Harcourt – two other major cities in Nigeria.According to a recent report on the financial strength of African cities, Lagos ranked number three on of the list of cities with the highest number of millionaires, behind Johannesburg and Cairo.The Afrasia [...]

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    ECOWAS to host anti-money laundering summit in Lagos

ECOWAS to host anti-money laundering summit in Lagos

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), a specialized institution of the Economic Community of West African States (ECOWAS), is set to host a three-day anti-money laundering workshop in Lagos.GIABA is also the Financial Action Task Force-Styled Regional Body (FSRB) responsible for combating the scourge of Money Laundering (ML) and Terrorist Financing (TF) in West Africa.The [...]

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Exchange Rates

February 22, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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