Ikeja, 05, Nigeria

Equity market sustains dip with N171bn loss

The Nigerian equity market continued to bleed for the second consecutive day this week as it lost N171 billion on Tuesday. The All Share Index and market capitalisation declined by 0.30 per cent to settle at 97,830.65 points and N55.55tn, respectively. This b…

2024-07-31 00:22

Naira abuse: Bobrisky to regain freedom August 5

Controversial cross-dresser, Idris Okuneye, popularly known as Bobrisky, will, on August 5, 2024, regain freedom from the Kirikiri Correctional Centre, after spending six months in incarceration for abusing the naira by spraying it at parties. This was disclo…

2024-07-30 23:50

Hunger protest: No bad governance in Nigeria, says Tinubu’s aide

The Senior Presidential Media Aide, Tunde Rahman, said on Tuesday that there is no bad governance in Nigeria. Rahman stated this at the Second Lateef Jakande Annual Memorial Lecture at Radisson Blu, Ikeja, Lagos. “They tagged the protest ‘End Bad Governance,’…

2024-07-30 12:00

Hardship protest: Security agencies begin massive soldiers, police deployment

The military and the  Police have commenced a massive nationwide deployment of soldiers and police personnel ahead of the August 1 #EndBadGovernance protest planned by some youths and civil society groups. Findings by The PUNCH on Monday also indicate that th…

2024-07-30 01:00

Road transport unions’ extortions worsen travellers’ woes

Despite the removal of petrol subsidy leading to higher fares, transport unions and police extortions have added more burden on travellers in Ogun and Lagos States, OLASUNKANMI AKINLOTAN writes Motorists are charged over 200 per cent more than necessary fee o…

2024-07-30 00:37

Sanwo-Olu, minister to grace Jakande memorial lecture

The Minister of Information and National Orientation, Alhaji Mohammed Idris; Governor Babajide Sanwo-Olu of Lagos State, and a former Ogun State governor, Chief Olusegun Osoba, will grace the second Alhaji Lateef Jakande Annual Memorial Lecture on Tuesday in …

2024-07-29 00:21

Brazil-based baron, freight agent jailed 16 years for drug trafficking

The Federal High Court in Lagos on Friday sentenced a Brazil-based Nigerian drug baron, Christian Anyanwu, to 16 years imprisonment for trafficking 1.40 kilograms of methamphetamine. The court also convicted a 35-year-old freight agent, Omolara Salako, for he…

2024-07-28 23:51

NDLEA recovers cocaine hidden in bizman’s sandals at Lagos airport

Operatives of the National Drug Law Enforcement Agency have recovered parcels of cocaine weighing 1.20 kilograms from a  Spain-based businessman, Francis Akajiobi, at the Murtala Muhammed International Airport, Ikeja, Lagos State. Akajiobi, a 50-year-old man,…

2024-07-28 23:36

Police release detained Lagos October 1 protesters on bail

A group of protesters arrested on Wednesday at the Gani Fawehinmi Freedom Park in the Ojota area of Lagos State have been released on bail. The state Police Public Relations Officer, Benjamin Hundeyin, confirmed this in a statement on Friday. He said the Comm…

2024-10-04 13:20