SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has sued the federal government of Nigeria at the Federal High Court in Lagos over failure to probe over $15 billion oil revenue and N200 billion alleged budget to fix refineries between 2020 and 2021. The claims are contained in the 2021 report by[Read More…]
News
FCCPC approves more loan apps as company list grows to 211
The Federal Competition and Consumer Protection Commission (FCCPC) has registered and approved more digital money lenders, otherwise known as loan apps, bringing the list of approved companies to 211 at the end of October. The 211 companies comprise 172 that have received full approval from the Commission and 39 others[Read More…]
Lagos cancels 50% discount on public transport, reverses to old rate
The Lagos State Government has announced reversion to the old rates of public transport from Sunday. “The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday,” the Lagos Metropolitan Area Transport Authority said in a statement on Saturday. The statement informed commuters that starting[Read More…]
Court Grants SERAP Leave To Compel Tinubu To Reverse Electricity Tariff Hike
A Federal High Court sitting in Lagos has granted the prayers of the Incorporated Trustees of Socio-Economic Rights and Accountability Project (SERAP) against the President of the Federal Republic of Nigeria as a first respondent. Other Respondents in the suit numbered FHC/L/CS/99/2023 are the Attorney General of the Federation; Nigerian[Read More…]
CBN says high volume withdrawals causing cash scarcity in some locations
The Central Bank of Nigeria (CBN) says there is sufficient cash for economic activities after reports of scarcity in some locations. In a statement by Isa AbdulMumin, CBN director, corporate communications, the apex bank said the scarcity experienced in some locations was due to high volume withdrawals from its branches[Read More…]
SERAP Asserts Nigerians’ Constitutional Right To Privacy, Protection In 1999 Constitution
The Socio-Economic Rights and Accountability Project (SERAP) emphasized that Nigerians have the right to privacy and protection as guaranteed by the 1999 constitution, as amended. This assertion was made during a training workshop and interactive session on promoting citizens’ access to information, data, and digital rights in Nigeria. Dr. Olubunmi[Read More…]
2nd Cycling Lagos: Organisers postpone grand finale to Dec. 9
The Organisers of the 2nd Cycling Lagos event have announced postponement of the grand finale of the Cycling event scheduled for October 28 to Saturday December 9, 2023, to address some unforseen technical and logistics challenges. The Children edition of the Cycling Lagos event held at the Teslim Balogun Stadium[Read More…]
Isiaka, Marvelous, Others Win Gold at 2nd Cycling Lagos
Isiaka Ibrahim roared to victory in a sensational finishing during an under age 2nd Cycling Lagos Competition recently in Lagos to extend his dominance in Lagos State and Nigeria in general. Ibrahim, who won a gold and silver medals at the national youth championship recently in Delta State, cycled for[Read More…]
CHALLENGES of Housing Deficit Takes Center Stage at Knight Frank Conference
Issues around the challenges of acute housing deficit in Nigeria and beyond were the crux of discussion at this year’s Knight Frank Lagos Property Conference with the theme: Pragmatic Solution for Housing Delivery: Charting the Roadmap today in Lagos. In his welcome address, Frank Okosun, Senior Partner/CEO, Knight Frank Nigeria[Read More…]
HoR Urge SON To Curb Proliferation Of Substandard Steel In Nigeria
The House of Representatives has urged the Standard Organisation of Nigeria (SON) to check the proliferation of sub-standard steel production in Nigeria. It called on SON to commence massive enforcement of its mandate to prosecute anyone dealing in substandard steel products to face the law as enshrined in section (4)[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]