Wednesday, August 4

Month: May 2018

Uncategorized

Nigerian Army uncover container load of arms, ammunition in Ogun

The Nigerian Army on Wednesday uncovered a container-load of arms near Igunwa Road, Balogun village, in Ogun State. Eyes Of Lagos confirmed the development, reporting that as at the time of filing in this report, only army and civil defence officers are being allowed to take charge of the situation. It is still unconfirmed who the owners of the container are and the destination they were headed when they were intercepted by the army.
Uncategorized

NSE market capitalisation drops to N13 trillion region on Nestle loss

The market capitalisation of the Nigerian Stock Exchange on Wednesday dropped to N13 trillion mark following loss recorded by Nestle and other highly capitalised stocks. The News Agency of Nigeria reports that the market capitalisation shed N153 billion or 1.08 per cent to close at N13.984 trillion, compared to N14.137 trillion achieved on Monday. Also, the All-Share Index declined further to 38,000 points region barely one week of dropping to 39,000 marks. Eyes Of Lagos  reports that the index which opened at 39,028.51 lost 422.1 points or 1.08 per cent to close at 38,606.41. Alhaji Rasheed Yussuf, the former president of Association of Stock Broking Houses of Nigeria, attributed the persistent lull in the stock market to exit of portfolio investors due to political situation....
Uncategorized

INEC receives 166,575 PVCs in Lagos, distributes over 4,000

The Independent National Electoral Commission (INEC) in Lagos State, on Wednesday, said it received 166, 575 Permanent Voter Cards (PVCs) of new registrants and distributed over 4,000 PVCs in a week. Sam Olumekun, the INEC Resident Electoral Commissioner in the state, told journalists after a meeting with the Inter Agency Committee on Election Security in preparation for 2019 elections. Eyes Of Lagos  reports that representatives of various security agencies, including Police, Department of State Security (DSS), the Nigerian Army and the Nigerian Air Force were at the closed door meeting. Others were the Nigerian Immigration Service, Nigerian Prison Service, Federal Road Safety Commission (FRSC), the Nigerian Security and Civil Defence Corps, (NSCDC) the National Drug Law Enforc...
Uncategorized

Maritime Workers Blame Federal Government For Attacks On Vessels

Irked by unabated attacks on vessels at berth by sea robbers, the apex maritime union body in the nation’s seaports, Maritime Workers Union of Nigeria (MWUN), has blamed the federal government for the attacks. Speaking to journalists in Lagos, president-general of the MWUN, Com. Adewale Adeyanju, lamented that the termination of tally clerks and onboard security men contracts from the respective stevedoring companies indirectly contributed to the incessant attacks. Eyes Of Lagos  recall that the federal government through the minister of Transportation, Rotimi Amaechi, had in 2016 approved the termination of relationship with stevedoring contractors handling a set of dockworkers known as tally clerks and onboard security. According to the NPA, the stevedoring companies’ contract...
Uncategorized

PayChoice Emerges CBN’s Best e-Payment Gateway Provider

The Central Bank of Nigeria (CBN) has declared PayChoice, a payment solutions servicer provider (PSSP) as the best payment and collection infrastructure gateway provider for the year. Eyes Of Lagos gathered that, The PayChoice gateway beat other 10 competing PSSPs to emerge tops in the Cashless Driver: PSSP category in the CBN Electronic Payments Incentive Scheme (EPIS) Efficiency Awards which held on Thursday night in Lagos. PayChoice began operations in August 2016. Managing director/CEO of Upperlink, Segun Akano speaking after receiving the award said by leveraging on the integration to the national switch and the company’s vast experience in deploying bespoke software solutions, the firm has created a payment and collection platform which allows “for easy, fast and safe payments of...
Uncategorized

N1.64bn Fraud: Ex-Taraba Gov, Nyame, Bags 28-year Jail Term

A high court of the Federal Capital Territory yesterday sentenced former Taraba State governor, Jolly Nyame, to 28 years in prison.Eyes Of Lagos gathered that,  According to the court headed by Justice Adebukola Banjoko, the former governor is to serve 14 years for criminal breach of trust, two years for criminal misappropriation, seven years for gratification and five years for obtaining by dishonesty. Nyame, whose trial began on July 13, 2007 was charged to the court located in Gudu with 41-count by the Economic and Financial Crimes Commission (EFCC) for criminal misappropriation, diversion of public funds and breach of public trust. In a ruling which lasted more than 4 hours, Justice Banjoko found Nyame guilty of counts 1, 2, 6, 8,10, 12, 14, 16, 18, 20, 27, 29, 30, 31, 33 and ...
Uncategorized

N3.2bn Fraud: Uzor Kalu Urges Court To Dismiss Charges

A former Abia State governor, Dr. Orji Uzor Kalu, yesterday, asked Justice Mohammed Idris of a Federal High Court in Lagos to dismiss an alleged N3.2 billion fraud filed against him by the Economic and Financial Crimes Commission (EFCC). Eyes Of Lagos gathered that,  The former governor, who made this application in a no case submission, is arguing that the anti-graft agency had failed to link him to the offence. Also during the proceedings, the EFCC informed the court that it has filed an amended 39 charges against Kalu. The commission is prosecuting Kalu, his commissioner for Finance, Udeh Jones Udeogu, and his company, Slok Nigeria Limited on an amended 34 count charge of N3.2 billion fraud. They were alleged to have used the following banks to perpetrate the alleged fraud, Mann...
Uncategorized

I Want To Be Africa’s Biggest Philanthropist – Dangote

Africa’s richest man and chairman of Dangote Group, Alhaji Aliko Dangote, has said that he would like to be known as the biggest philanthropist on the continent. Eyes Of Lagos gathered that,  Dangote stated this yesterday, in Lafia while disbursing N130 million micro grant to 13,000 vulnerable and less privileged women in Nasarawa State. “I do not only want to be known as Africa’s richest man but the biggest philanthropist in Africa. I will continue to use my resources and my voice to help shape a better Nigeria and Africa as a whole,” he said. Dangote said he started the foundation in 1993 to improve the lives of the less fortunate and make a positive difference in the growth of Nigeria. He said the four major goals of the foundation were health and nutrition, education, economic e...
Uncategorized

Surulere Group Says No To Hon. Gbajabimiala’s Fifth Term Bid

Weeks after popular political commentator and radio show host, Jimi Disu said that his younger cousin and lawmaker representing Surulere Federal Constituency I in the House of Representatives, Hon. Femi Gbajabiamila must not run for office for the fifth term, a political group in Surulere community has also spoken against the ambition of the lawmaker. Eyes Of Lagos gathered that, The group, Surulere Unites, expressed its thought on the ambition of the lawmaker via a gigantic banner placed in the heart of Surulere community, Lagos Mainland, with an inscription which says “we say a big no to 5th term for Hon. Femi Gbajabiamila.” Meanwhile, the group endorsed Lagos State Governor, Mr. Akinwunmi Ambode to run for a second term in office. Also, Surulere Unites backed Senator Oluremi Tinu...
Uncategorized

Eko Disco Threatens Three Months Blackout As Ebute Metta Residents Protest Estimated Billings

Residents of Ebute Metta community, Lagos Mainland, has been thrown into total darkness just after they protested estimated and unjustified billing by disco company, Electricity Distribution Company, that services the area. Eyes Of Lagos gathered that, According to the residents, the blackout in the area which started on Thursday, May 24, 2018, was a deliberate hardship brought on the community by the disco company. A resident, Andu Usman, who spoke to Eyes Of Lagos said: “The blackout has been witnessed since last Thursday simply because residents protested unjustified bills that were served around. “I can assure you there is no technical fault that could have been responsible for the blackout. The simple reason was that people protested against the unjustifiable estimated bi...