Lagos Metropolitan

07/04/2024

Saudi Arabia commits to overhaul Nigeria’s oil refineries in landmark agreement
In a groundbreaking development, Saudi Arabia has pledged a significant in the comprehensive overhaul of Nigeria's ageing oil refineries. The commitment was sealed during a bilateral meeting between Nigerian President Bola Tinubu and Saudi Crown Prince Mohammed bin Salman on the fringes of the Saudi-Africa summit in Riyadh.

Under President Tinubu's ambitious reforms, aimed at enhancing the ease of doing business, has embarked on a transformative journey, scrapping a popular petrol subsidy

In a groundbreaking development, Saudi Arabia has pledged a significant investment in the comprehensive overhaul of Nigeria’s ageing oil refineries. The commitment was sealed during a bilater…

05/04/2024

Late drama as Chelsea’s Palmer seals hat-trick to overturn Manchester United in Premier League
In a madcap showdown on Thursday, stunned Manchester United with a last-gasp comeback, securing a thrilling 4-3 victory at Stamford Bridge. Cole Palmer emerged as the hero of the night, clinching a hat-trick and turning the game on its head when it seemed the Reds were on course for an unlikely triumph.

Chelsea's top scorer, Palmer, proved instrumental with two crucial goals deep into added time, rescuing the Blues from the brink of a 3-2 defeat at home. Mauricio Pochettino, Chelsea's coach, hailed Palmer's

In a madcap showdown on Thursday, Chelsea stunned Manchester United with a last-gasp comeback, securing a thrilling 4-3 victory at Stamford Bridge. Cole Palmer emerged as the hero of the night, cli…

05/04/2024

In a madcap showdown on Thursday, Chelsea stunned Manchester United with a last-gasp comeback, securing a thrilling 4-3 victory at Stamford Bridge. Cole Palmer emerged as the hero of the night, clinching a hat-trick and turning the game on its head when it seemed the Reds were on course for an unlikely triumph. Chelsea's top scorer, Palmer, proved instrumental with two crucial goals deep into added time, rescuing the Blues from the brink of a 3-2 defeat at home....

In a madcap showdown on Thursday, Chelsea stunned Manchester United with a last-gasp comeback, securing a thrilling 4-3 victory at Stamford Bridge. Cole Palmer emerged as the hero of the night, cli…

05/04/2024

CSOs mount allegations of unethical practices against Chief Justice Ariwoola, decry worsened image of Nigeria’s
Civil Society Organisations Jointly Petition for Urgent Reform

A coalition of civil society organisations (CSOs) has sounded the alarm, urging immediate action to salvage Nigeria's beleaguered judiciary. In a scathing letter addressed to His Lordship, Chief Justice Olukayode Ariwoola, the CSOs have raised grave concerns about the erosion of ethical standards within the Nigerian legal system.

The CSOs, whose work is anchored in the rule of law and the integrity of Nigeria’s justice system, have expressed their collective distress over the current state of affairs. Their joint petition highlights

Civil Society Organisations Jointly Petition for Urgent Reform A coalition of civil society organisations (CSOs) has sounded the alarm, urging immediate action to salvage Nigeria’s beleaguere…

05/04/2024

Civil Society Organisations Jointly Petition for Urgent Reform A coalition of civil society organisations (CSOs) has sounded the alarm, urging immediate action to salvage Nigeria's beleaguered judiciary. In a scathing letter addressed to His Lordship, Chief Justice Olukayode Ariwoola, the CSOs have raised grave concerns about the erosion of ethical standards within the Nigerian legal system. The CSOs, whose work is anchored in the rule of law and the integrity of Nigeria’s justice system, have expressed their collective distress over the current state of affairs....

Civil Society Organisations Jointly Petition for Urgent Reform A coalition of civil society organisations (CSOs) has sounded the alarm, urging immediate action to salvage Nigeria’s beleaguere…

05/04/2024

Lagos State Government graduates 200 artisans in Master Craftsman Training Programme
The Lagos State government conducted a graduation ceremony for 200 artisans under its Master Craftsman Training Programme, aimed at addressing the shortage of skilled middle-level workers in the construction sector. Governor Babajide Sanwo-Olu, who was represented by Mr. Akinyemi Ajigbotafe, the Lagos State Commissioner for Wealth Creation and Employment, emphasised the significance of this initiative in closing the skills gap in the construction industry.

Governor Sanwo-Olu noted that this training would empower artisans and craftsmen, ultimately contributing to the provision of sustainable, decent, and affordable housing projects in the state. He stated that this

The Lagos State government conducted a graduation ceremony for 200 artisans under its Master Craftsman Training Programme, aimed at addressing the shortage of skilled middle-level workers in the co…

04/04/2024

NPFL Match Day 28 recap: Akwa United stumbles, and Shooting Stars secure wins
On a bustling Wednesday in the Nigeria Premier Football League (NPFL), host team Akwa United faced a stunning setback as they fell 0-1 to visitors Doma United FC of Gombe at the Godswill Akpabio International Stadium, Uyo. Despite controlling much of the game, Akwa United's overconfidence proved costly as Emmanuel Jesam's lone goal in the 10th minute sealed their fate.

Reflecting on the loss, Akwa United's Coach, Muhammed Babaganaru, attributed the to his team's complacency, stating, "Maybe the boys underrated Doma United players or they were overconfident in the game, that’s what really affected us today." Despite the

On a bustling Wednesday in the Nigeria Premier Football League (NPFL), host team Akwa United faced a stunning setback as they fell 0-1 to visitors Doma United FC of Gombe at the Godswill Akpabio In…

04/04/2024

“Ajakaju (Beast of Two Worlds)” triumphs: N101.2 million box office gross in 5 days
Eniola Ajao, the talented actress and producer, has struck gold with her debut cinema venture, "Ajakaju (Beast of Two Worlds)". The epic film, released nationwide on Friday, March 29, has taken the Nigerian box office by storm, amassing an impressive N101.2 million within a mere five days.

FilmOne Entertainment, the film distribution powerhouse, proudly announced the film's remarkable success via their Instagram handle, . In a celebratory post, they declared, "The Beast has conquered!!! 🎊🎊 Ajakaju: Beast of Two Worlds is

Eniola Ajao, the talented actress and producer, has struck gold with her debut cinema venture, “Ajakaju (Beast of Two Worlds)”. The epic film, released nationwide on Friday, March 29, h…

04/04/2024

Eniola Ajao, the talented actress and producer, has struck gold with her debut cinema venture, "Ajakaju (Beast of Two Worlds)". The epic film, released nationwide on Friday, March 29, has taken the Nigerian box office by storm, amassing an impressive N101.2 million within a mere five days. FilmOne Entertainment, the film distribution powerhouse, proudly announced the film's remarkable success via their Instagram handle, ....

Eniola Ajao, the talented actress and producer, has struck gold with her debut cinema venture, “Ajakaju (Beast of Two Worlds)”. The epic film, released nationwide on Friday, March 29, h…

04/04/2024

Binance executive arraigned in court for tax evasion and money laundering
In a high-stakes courtroom drama, one of the top from Binance, the world’s largest exchange, stood before an Abuja court to confront serious allegations. Tigran Gambaryan, Binance’s head of financial crime compliance, faced charges of tax evasion and money laundering alongside his colleague, Nadeem Anjarwalla, the regional manager for Africa.

The Economic and Financial Crimes Commission (EFCC) accused Gambaryan and Anjarwalla of orchestrating a complex financial web. They allegedly engaged in four counts of tax evasion and

04/04/2024

In a high-stakes courtroom drama, one of the top executives from Binance, the world’s largest cryptocurrency exchange, stood before an Abuja court to confront serious allegations. Tigran Gambaryan, Binance’s head of financial crime compliance, faced charges of tax evasion and money laundering alongside his colleague, Nadeem Anjarwalla, the regional manager for Africa. The Economic and Financial Crimes Commission (EFCC) accused Gambaryan and Anjarwalla of orchestrating a complex financial web....

In a high-stakes courtroom drama, one of the top executives from Binance, the world’s largest cryptocurrency exchange, stood before an Abuja court to confront serious allegations. Tigran Gambaryan,…

04/04/2024

Bobrisky faces for allegedly spraying Naira notes
Operatives from the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have launched an investigation into the activities of Idris Okuneye, popularly known as Bobrisky. The controversial social media personality is accused of spraying Naira notes at a high-profile event.

The EFCC's interest in was sparked by a video report showing him flaunting wads of new Naira notes during the of the movie "Ajakaju", produced by actress and producer Eniola Ajao. The lavish display of currency took place at the Film One Circle

Operatives from the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have launched an investigation into the activities of Idris Okuneye, popularly known as Bobrisky. The …

04/04/2024

Operatives from the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have launched an investigation into the activities of Idris Okuneye, popularly known as Bobrisky. The controversial social media personality is accused of spraying Naira notes at a high-profile event. The EFCC's interest in Bobrisky was sparked by a video report showing him flaunting wads of new Naira notes during the premiere of the movie "Ajakaju", produced by Nollywood actress and producer Eniola Ajao....

Operatives from the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have launched an investigation into the activities of Idris Okuneye, popularly known as Bobrisky. The …

04/04/2024

Corporate financial reports and strategic plans unveiled by Transcorp, Unilever, and Nigerian Breweries
Transnational Corporation Plc (Transcorp) has reported a significant increase in its gross profit for the year ended Dec. 31, 2023, indicating positive growth in its financial performance.

According to Mr. Tony Elumelu, Chairman Board of Directors, Transcorp, the company's gross profit surged by 66.0 per cent to N109.1 billion, compared to N65.77 billion in the previous year. Elumelu emphasised, "The company's profit for the year went up by 93 per cent to N32.5 billion," highlighting a strong financial trajectory.

Meanwhile, Nigeria Plc disclosed a

Transnational Corporation Plc (Transcorp) has reported a significant increase in its gross profit for the year ended Dec. 31, 2023, indicating positive growth in its financial performance. Accordin…

04/04/2024

Tier-one bank sell-offs contribute to NGX market indices
Sell-offs in the shares of tier-one banks on Thursday played a significant role in a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices, reflecting a cautious sentiment among investors.

Highlighting the market movement, a market analyst stated, "Losses in the share prices of FBN Holdings, Access Corporation, Guaranty Trust Holding Company (GTCO), Zenith Bank, and StanbicIBTC Bank, among others, dragged down the market performance."

This downward trend resulted in a decrease of N190 billion or 0.32 per cent in market capitalisation, with the market opening at

Sell-offs in the shares of tier-one banks on Thursday played a significant role in a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices, reflecting a cautious sentiment among …

04/04/2024

Arsenal seizes Premier League summit, Man City victorious against Aston Villa
Arsenal surged to the top of the Premier League standings after securing a confident 2-0 win against relegation-threatened Luton Town on Wednesday, despite fielding a revamped lineup.

Captain Martin Odegaard broke the deadlock in the 24th minute, capitalising on Emile Smith Rowe's industrious play. A stroke of halftime saw an own goal by Daiki Hashioka, following a dynamic effort from Smith Rowe, firmly establishing Arsenal's dominance.

Mikel Arteta, Arsenal's manager, expressed his satisfaction, stating, "Very happy. It was a really difficult game and credit to Luton, they are a very good side and make

Arsenal surged to the top of the Premier League standings after securing a confident 2-0 win against relegation-threatened Luton Town on Wednesday, despite fielding a revamped lineup. Captain Marti…

03/04/2024

Woman arrested for assaulting official over expressway crossing
The Lagos State Environmental Sanitation Corps (LAGESC), commonly known as KAI, has confirmed the apprehension of a woman accused of assaulting one of its officials for enforcing regulations regarding expressway crossings.

According to the Agency’s spokesperson, Mr. Lukman Ajayi, the arrest occurred on Tuesday around 12:45 p.m. at Ile-Epo along the Ikeja/Iyana-Ipaja expressway, where the woman was found crossing the 10-lane road.

Ajayi stated, "Despite the availability of a pedestrian bridge in the vicinity, the woman opted to disregard the state's regulations." He informed that

The Lagos State Environmental Sanitation Corps (LAGESC), commonly known as KAI, has confirmed the apprehension of a woman accused of assaulting one of its officials for enforcing regulations regard…

03/04/2024

Taiwan Struck by Strongest in 25 Years: Nine Lives Lost, 50 Missing
In a upheaval that reverberated across the island, was jolted by its most powerful earthquake in a quarter-century. The temblor, measuring 7.2 magnitude, claimed nine lives and left more than 900 injured. As the earth convulsed, 50 workers, en route to a hotel nestled within a national park, vanished without a trace.

In the mountainous, sparsely populated county of Hualien, some buildings now stand at precarious angles, their foundations tested by the relentless force of nature. The epicentre of this seismic fury lay just offshore, striking at approximately 8 a.m. (0000 GMT). The aftermath was catastrophic, triggering massive landslides that scarred the

In a seismic upheaval that reverberated across the island, Taiwan was jolted by its most powerful earthquake in a quarter-century. The temblor, measuring 7.2 magnitude, claimed nine lives and left …

03/04/2024

NERC approves electricity tariff hike for Band A customers, downgrades non-compliant Areas
The Nigerian Electricity Regulatory Commission (NERC) has given the green light for an increase in electricity tariffs, impacting Band A customers who currently receive 20 hours of power supply daily. Mr. Musliu Oseni, Vice Chairman of NERC, announced this decision during a press conference held in Abuja on Wednesday.

Oseni highlighted that Band A customers constitute 15 percent of the nation's 12 million electricity consumers. He stated, "The approved tariff adjustment will raise the electricity tariff for Band A customers from N68/KWh to N225/KWh." He clarified that this hike would solely affect customers enjoying the highest

The Nigerian Electricity Regulatory Commission (NERC) has given the green light for an increase in electricity tariffs, impacting Band A customers who currently receive 20 hours of power supply dai…

03/04/2024

Lagos Police bust kidnapping syndicate, victims
The police in Lagos have apprehended three suspected kidnappers in a daring raid on their hideout in the area, confirming the swift operation that led to their arrest.

According to the Zonal Public Relations Officer (ZPRO), SP. Umma Ayuba, the suspects identified as Samuel Kwasi, 64, Monday Unachukwu, 24, and Freeman Ekpebo, 23, were nabbed by operatives of the Zone 2 Police Command, Onikan, Lagos.

Ayuba stated, "The raid on the kidnappers' den at Ijanikin resulted in the rescue of two victims who had been held captive by the syndicate." She revealed that the suspects had demanded a

The police in Lagos have apprehended three suspected kidnappers in a daring raid on their hideout in the Ijanikin area, confirming the swift operation that led to their arrest. According to the Zon…

03/04/2024

Tragedy strikes: Deputy Commissioner of Police commits ***de in Oyo
In a heartbreaking turn of events, Deputy Commissioner of Police (DCP) Gbolahan Oyedemi, a dedicated officer serving with the Force Criminal and Department (FCID) in Alagbon, Lagos State, has allegedly taken his own life. The incident occurred in his private house in his hometown of Ogbomoso, Oyo State, during the Easter break.

DCP Oyedemi, who had previously served as the Aide de Camp (ADC) to the late former Governor of Oyo State, Adebayo Alao-Akala, during his 11-month tenure in 2006, was known for his commitment to duty and professionalism. His sudden demise has left colleagues and family members in shock.

According to a source close to the family,

In a heartbreaking turn of events, Deputy Commissioner of Police (DCP) Gbolahan Oyedemi, a dedicated officer serving with the Force Criminal and Investigation Department (FCID) in Alagbon, Lagos St…

03/04/2024

Lagos State Government denies involvement in Computer Village
The Lagos State Government firmly distanced itself from the demolition at Computer Village in Ikeja, clarifying that the action was unrelated to their jurisdiction.

Speaking on the matter, Commissioner for Information & Strategy, Mr. Gbenga Omotoso, emphasised that the structure in question belonged to the Police Officers Wives Association (POWA), which had authorised its demolition.

In a statement released on Sunday in Lagos, Omotoso dismissed the spreading that linked the Lagos State Government to the demolition as the work of opportunistic ethnic chauvinists.

He underscored their attempt to

The Lagos State Government firmly distanced itself from the demolition at Computer Village in Ikeja, clarifying that the action was unrelated to their jurisdiction. Speaking on the matter, Commissi…

02/04/2024

Mixed fortunes visit Nigerian Companies: Transcorp Power reports surge, Cadbury Nigeria posts loss, Geregu Power pays
Three major Nigerian companies, Transcorp Power Plc, Cadbury Nigeria Plc, and Geregu Power Plc, have released their end-of-year reports, revealing a mix of financial outcomes for the year ended Dec. 31, 2023.

Transcorp Power Plc reported a significant surge in profit before tax (PBT), with Mr Stanley Chikwendu, Group Company Secretary, confirming a profit of N453 billion, marking an 85% increase compared to N439 billion in 2022. Chikwendu attributed the growth to the company's strong operational capabilities and effective business

Three major Nigerian companies, Transcorp Power Plc, Cadbury Nigeria Plc, and Geregu Power Plc, have released their end-of-year reports, revealing a mix of financial outcomes for the year ended Dec…

02/04/2024

Stock market decline after Easter break, market capitalisation drops
The Nigerian Exchange Ltd. (NGX) witnessed a decline in the value of transactions on Tuesday, following the Easter break, with market activities showing a decrease in trade turnover compared to the previous session.

According to analysis, a total of 545.49 million shares valued at N14.61 billion were exchanged in 12,747 deals, marking a 13.81% decrease from the 623.08 million shares valued at N16.95 billion traded on the previous trading day.

Leading the activity chart in volume and value was Guaranty Trust Holding Company (GTCO), with 84.65 million shares traded at a value of N4.48 billion. Access Corporation

The Nigerian Exchange Ltd. (NGX) witnessed a decline in the value of transactions on Tuesday, following the Easter break, with market activities showing a decrease in trade turnover compared to the…

02/04/2024

to cut electricity subsidies for high-end consumers, sparking fresh concerns
Nigeria plans to axe electricity subsidies for a select group of consumers in a bid to rein in ballooning public finances, the presidency announced on Tuesday. This move follows a series of reforms undertaken by President Bola Tinubu aimed at stimulating economic growth.

"With the huge subsidy burden and high cost of gas … the current electricity tariff is not realistic," said presidential spokesperson Bayo Onanuga. The government currently spends a staggering 3.3 trillion naira ($2.6 billion) annually on electricity subsidies, with only 450 billion naira budgeted for 2024.

The will target 15% of consumers – those responsible for 40% of

Nigeria plans to axe electricity subsidies for a select group of consumers in a bid to rein in ballooning public finances, the presidency announced on Tuesday. This move follows a series of reforms…

02/04/2024

Fatal in claims pedestrian’s life, triggers rescue operation
Tragedy struck in Lagos on Tuesday when a collision involving three commercial vehicles resulted in the death of a male pedestrian. The accident, which occurred at Ketu by Demurin Junction inward Kosofe, Lagos, at approximately 6:45 a.m., involved a Toyota Hiace Bus and two Volkswagen commercial buses.

Confirming the incident, Mr. Adebayo Taofiq, Director of the Public Affairs and Enlightenment Department at the Lagos State Traffic Management Authority (LASTMA), stated, "The multiple fatal accident occurred at Ketu, by Demurin Junction inward Kosofe, Lagos, around 6.45 a.m."

Amidst the chaos, personnel swiftly intervened, rescuing a

Tragedy struck in Lagos on Tuesday when a collision involving three commercial vehicles resulted in the death of a male pedestrian. The accident, which occurred at Ketu by Demurin Junction inward K…

02/04/2024

Tragedy strikes: Aid workers’ lives lost in airstrike
In a heart-wrenching incident, an Israeli airstrike claimed the lives of seven aid workers associated with the World Central Kitchen (WCK) in Gaza. The unfolded during a humanitarian mission, leaving the international community in shock and prompting urgent calls for answers and justice.

The airstrike, which occurred on a WCK convoy, resulted in the deaths of individuals from various nationalities, including citizens of Australia, Britain, and Poland, as well as Palestinians and a dual citizen of the United States and Canada. These dedicated aid workers had been travelling in two armoured cars, clearly marked with the charity's logo when tragedy

In a heart-wrenching incident, an Israeli airstrike claimed the lives of seven aid workers associated with the World Central Kitchen (WCK) in Gaza. The tragedy unfolded during a humanitarian missio…

02/04/2024

Senegal’s Bassirou Diomaye Faye sworn in as President, vows and
In a historic moment for Senegal, opposition candidate Bassirou Diomaye Faye, once imprisoned for his political beliefs, was inaugurated as the nation's youngest president at the age of 44. Faye's ascension to power symbolises a new chapter for the West African nation, marked by promises of stability and economic advancement.

Following a landslide victory in the first round of voting, Faye emphasised the electorate's desire for change, stating, "The results of the election showed a profound desire for change." His ceremony, attended by a host of regional leaders, underscored the significance of this transition of power.

In a historic moment for Senegal, opposition candidate Bassirou Diomaye Faye, once imprisoned for his political beliefs, was inaugurated as the nation’s youngest president at the age of 44. F…