Caleb Obiowo, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Wed, 09 Jul 2025 17:06:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Caleb Obiowo, Author at Nairametrics 32 32 201037849 Police to restrict movement on Lagos roads, waterways from 3am–3pm on July 12 for LG elections  https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/ https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/#respond Wed, 09 Jul 2025 17:06:32 +0000 https://nairametrics.com/?p=518814 The Lagos State Police Command has announced a total restriction of vehicular movement across all roads and waterways in the state from 3:00 a.m. to 3:00 p.m. on Saturday, July 12, 2025, ahead of the upcoming Local Government Elections in the 20 LGAs and 37 LCDAs. 

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]]> https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/feed/ 0 518814 Lagos Govt attributes city flash floods to high tides from Atlantic Ocean, Lagos Lagoon  https://nairametrics.com/2025/07/09/lagos-govt-attributes-city-flash-floods-to-high-tides-from-atlantic-ocean-lagos-lagoon/ https://nairametrics.com/2025/07/09/lagos-govt-attributes-city-flash-floods-to-high-tides-from-atlantic-ocean-lagos-lagoon/#respond Wed, 09 Jul 2025 07:33:58 +0000 https://nairametrics.com/?p=518771 The Lagos State Government has attributed the flash flooding witnessed across parts of the city to a natural phenomenon known as tidal lock-up, caused by high tide levels from the Atlantic Ocean and the Lagos Lagoon.  

The post Lagos Govt attributes city flash floods to high tides from Atlantic Ocean, Lagos Lagoon  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/09/lagos-govt-attributes-city-flash-floods-to-high-tides-from-atlantic-ocean-lagos-lagoon/feed/ 0 518771 EFCC begins probe after Customs arrests man with undeclared $420,900, £5,825 at Kano airport  https://nairametrics.com/2025/07/08/efcc-begins-probe-after-customs-arrests-man-with-undeclared-420900-5825-at-kano-airport/ https://nairametrics.com/2025/07/08/efcc-begins-probe-after-customs-arrests-man-with-undeclared-420900-5825-at-kano-airport/#respond Tue, 08 Jul 2025 18:04:17 +0000 https://nairametrics.com/?p=518738 The Economic and Financial Crimes Commission (EFCC) has commenced an investigation following the arrest of one Ahmad Salisu by the Nigeria Customs Service (NCS) at Mallam Aminu Kano International Airport, over an alleged attempt to smuggle undeclared foreign currency totalling $420,900, £5,825, CFA3,946,500 and Cameroonian CFA224,000. 

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]]> https://nairametrics.com/2025/07/08/efcc-begins-probe-after-customs-arrests-man-with-undeclared-420900-5825-at-kano-airport/feed/ 0 518738 FG opens Abuja passport office for senior officials to reduce processing delays  https://nairametrics.com/2025/07/08/fg-opens-abuja-passport-office-for-senior-officials-to-reduce-processing-delays/ https://nairametrics.com/2025/07/08/fg-opens-abuja-passport-office-for-senior-officials-to-reduce-processing-delays/#respond Tue, 08 Jul 2025 17:37:38 +0000 https://nairametrics.com/?p=518734 The Federal Government has inaugurated a new passport front office in Abuja, specifically designed to fast-track passport processing for senior public officials and tackle persistent delays in access. 

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]]> https://nairametrics.com/2025/07/08/fg-opens-abuja-passport-office-for-senior-officials-to-reduce-processing-delays/feed/ 0 518734 British International Investment committed over £1.09 billion to African firms in 2024 – Report https://nairametrics.com/2025/07/08/british-international-investment-committed-over-1-09-billion-to-african-firms-in-2024-report/ https://nairametrics.com/2025/07/08/british-international-investment-committed-over-1-09-billion-to-african-firms-in-2024-report/#respond Tue, 08 Jul 2025 14:12:26 +0000 https://nairametrics.com/?p=518717 British International Investment (BII), the UK’s development finance institution, announced it increased funding to African firms by 40% in 2024, reaching £1.09 billion, up from £725 million in 2023. 

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]]> https://nairametrics.com/2025/07/08/british-international-investment-committed-over-1-09-billion-to-african-firms-in-2024-report/feed/ 0 518717 NCAA grants approval for Enugu Air to operate via XEJet pending AOC completion  https://nairametrics.com/2025/07/08/ncaa-grants-approval-for-enugu-air-to-operate-via-xejet-pending-aoc-completion/ https://nairametrics.com/2025/07/08/ncaa-grants-approval-for-enugu-air-to-operate-via-xejet-pending-aoc-completion/#respond Tue, 08 Jul 2025 05:59:46 +0000 https://nairametrics.com/?p=518680 The Nigerian Civil Aviation Authority (NCAA) has granted interim authorisation for Enugu Air to commence domestic flight operations through a partnership with XEJet, pending the completion of its Air Operator Certificate (AOC) process.  

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]]> https://nairametrics.com/2025/07/08/ncaa-grants-approval-for-enugu-air-to-operate-via-xejet-pending-aoc-completion/feed/ 0 518680 Nigeria rules out nuclear weapons pursuit, says focus is on addressing poverty and climate change  https://nairametrics.com/2025/07/07/nigeria-rules-out-nuclear-weapons-pursuit-says-focus-is-on-addressing-poverty-and-climate-change/ https://nairametrics.com/2025/07/07/nigeria-rules-out-nuclear-weapons-pursuit-says-focus-is-on-addressing-poverty-and-climate-change/#comments Mon, 07 Jul 2025 18:04:12 +0000 https://nairametrics.com/?p=518664 Nigeria has ruled out any intention of developing nuclear weapons, emphasising that its national priorities remain addressing poverty and the effects of climate change across sub-Saharan Africa. 

The post Nigeria rules out nuclear weapons pursuit, says focus is on addressing poverty and climate change  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/07/nigeria-rules-out-nuclear-weapons-pursuit-says-focus-is-on-addressing-poverty-and-climate-change/feed/ 1 518664 Top 10 African countries with the highest international airfare charges in 2024 https://nairametrics.com/2025/07/07/top-10-african-countries-with-the-highest-international-airfare-charges-in-2024/ https://nairametrics.com/2025/07/07/top-10-african-countries-with-the-highest-international-airfare-charges-in-2024/#respond Mon, 07 Jul 2025 13:29:26 +0000 https://nairametrics.com/?p=518631 Air travellers departing from African countries continued to face some of the highest charges globally in 2024, with a growing number of levies embedded in international ticket prices.

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]]> https://nairametrics.com/2025/07/07/top-10-african-countries-with-the-highest-international-airfare-charges-in-2024/feed/ 0 518631 Nigeria places 3rd in Africa for highest air ticket charges in 2024 – New Report https://nairametrics.com/2025/07/06/nigeria-places-3rd-in-africa-for-highest-air-ticket-charges-in-2024-new-report/ https://nairametrics.com/2025/07/06/nigeria-places-3rd-in-africa-for-highest-air-ticket-charges-in-2024-new-report/#comments Sun, 06 Jul 2025 18:59:01 +0000 https://nairametrics.com/?p=518593 Passengers departing from West Africa paid the highest air ticket taxes and charges in Africa in 2024, both for international and regional flights, according to a new report by the African Airlines Association (AFRAA). 

The post Nigeria places 3rd in Africa for highest air ticket charges in 2024 – New Report appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/06/nigeria-places-3rd-in-africa-for-highest-air-ticket-charges-in-2024-new-report/feed/ 1 518593 Lagos luxury neighbourhoods match global prices, lack services – Report  https://nairametrics.com/2025/07/05/lagos-luxury-neighbourhoods-match-global-prices-lack-services-report/ https://nairametrics.com/2025/07/05/lagos-luxury-neighbourhoods-match-global-prices-lack-services-report/#respond Sat, 05 Jul 2025 10:00:39 +0000 https://nairametrics.com/?p=518517 A new report has shown that luxury neighbourhoods in Lagos command property prices on par with global cities like London, Dubai, and Johannesburg, yet continue to grapple with basic infrastructure and service deficiencies, a new report has shown. 

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]]> https://nairametrics.com/2025/07/05/lagos-luxury-neighbourhoods-match-global-prices-lack-services-report/feed/ 0 518517 FG approves N17 billion for repair of fire-damaged Iddo Bridge after cost review  https://nairametrics.com/2025/07/05/fg-approves-n17-billion-for-repair-of-fire-damaged-iddo-bridge-after-cost-review/ https://nairametrics.com/2025/07/05/fg-approves-n17-billion-for-repair-of-fire-damaged-iddo-bridge-after-cost-review/#respond Sat, 05 Jul 2025 08:51:11 +0000 https://nairametrics.com/?p=518512 The Federal Government has approved N17 billion for the rehabilitation of the fire-damaged Iddo Bridge in Lagos, following a downward review from the initial N27 billion proposal due to cost-efficiency concerns and project scope. 

The post FG approves N17 billion for repair of fire-damaged Iddo Bridge after cost review  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/05/fg-approves-n17-billion-for-repair-of-fire-damaged-iddo-bridge-after-cost-review/feed/ 0 518512 FG reviews proposal to replace Carter Bridge with N320 billion cable-stayed option  https://nairametrics.com/2025/07/05/fg-reviews-proposal-to-replace-carter-bridge-with-n320-billion-cable-stayed-option/ https://nairametrics.com/2025/07/05/fg-reviews-proposal-to-replace-carter-bridge-with-n320-billion-cable-stayed-option/#respond Sat, 05 Jul 2025 06:26:22 +0000 https://nairametrics.com/?p=518505 The Federal Government is reviewing a proposal to replace the ageing Carter Bridge in Lagos with a N320 billion cable-stayed structure, considered a more durable and cost-effective alternative to the N380 billion required for full-scale repairs.  

The post FG reviews proposal to replace Carter Bridge with N320 billion cable-stayed option  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/05/fg-reviews-proposal-to-replace-carter-bridge-with-n320-billion-cable-stayed-option/feed/ 0 518505 Nigerian Railway Corporation to resume Kano–Minna train services before end of 2025  https://nairametrics.com/2025/07/05/nigerian-railway-corporation-to-resume-kano-minna-train-services-before-end-of-2025/ https://nairametrics.com/2025/07/05/nigerian-railway-corporation-to-resume-kano-minna-train-services-before-end-of-2025/#respond Sat, 05 Jul 2025 05:51:12 +0000 https://nairametrics.com/?p=518501 The Nigerian Railway Corporation (NRC) has announced plans to resume train services along the Kano–Minna corridor before the end of 2025, as part of efforts to revitalise rail transport and boost economic activity across Northern Nigeria. 

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]]> https://nairametrics.com/2025/07/05/nigerian-railway-corporation-to-resume-kano-minna-train-services-before-end-of-2025/feed/ 0 518501 Inside Lagos’ effort to stay ahead of truck congestion on the Lekki-Epe corridor  https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/ https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/#respond Fri, 04 Jul 2025 09:56:39 +0000 https://nairametrics.com/?p=518449 To prevent a major future traffic crisis similar to the one that plagued Apapa and Tin Can ports a few years ago, the Lagos State Government reintroduced its electronic call-up system on June 16, 2025, after suspending it in March. 

The post Inside Lagos’ effort to stay ahead of truck congestion on the Lekki-Epe corridor  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/feed/ 0 518449 Tin Can Customs Command generates N747 billion in H1 2025, up 29.85% from last year https://nairametrics.com/2025/07/03/tin-can-customs-command-generates-n747-billion-in-h1-2025-up-29-85-from-last-year/ https://nairametrics.com/2025/07/03/tin-can-customs-command-generates-n747-billion-in-h1-2025-up-29-85-from-last-year/#comments Thu, 03 Jul 2025 20:14:23 +0000 https://nairametrics.com/?p=518427 The Nigeria Customs Service (NCS), Tin Can Island Port Command, said it generated N747.07 billion in revenue between January and June 2025, marking a 29.85% increase compared to the N575.36 billion it recorded during the same period in 2024. 

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]]> https://nairametrics.com/2025/07/03/tin-can-customs-command-generates-n747-billion-in-h1-2025-up-29-85-from-last-year/feed/ 1 518427 ECOWAS development bank approves $100 million for 47.7km stretch of Lagos-Calabar project  https://nairametrics.com/2025/07/03/ecowas-development-bank-approves-100-million-for-47-7km-stretch-of-lagos-calabar-project/ https://nairametrics.com/2025/07/03/ecowas-development-bank-approves-100-million-for-47-7km-stretch-of-lagos-calabar-project/#respond Thu, 03 Jul 2025 14:16:03 +0000 https://nairametrics.com/?p=518414 The ECOWAS Bank for Investment and Development (EBID) has approved $100 million in funding for the construction of a 47.7-kilometre stretch of Nigeria’s Lagos-Calabar Coastal Highway. This segment, designated as Section 1, Phase 1 of the project, starts from Ahmadu Bello Way in Lagos. Construction began in March 2024 and is being executed by Hitech Construction […]

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]]> https://nairametrics.com/2025/07/03/ecowas-development-bank-approves-100-million-for-47-7km-stretch-of-lagos-calabar-project/feed/ 0 518414 Lagos Govt seals Purple Mall, launches probe into fatal fall from parking deck  https://nairametrics.com/2025/07/03/lagos-govt-seals-purple-mall-launches-probe-into-fatal-fall-from-parking-deck/ https://nairametrics.com/2025/07/03/lagos-govt-seals-purple-mall-launches-probe-into-fatal-fall-from-parking-deck/#respond Thu, 03 Jul 2025 10:32:39 +0000 https://nairametrics.com/?p=518401 The Lagos State Government has sealed Purple Mall in Lekki and launched a probe into the fatal fall of a car from its multistorey parking deck that claimed the life of a young Nigerian. 

The post Lagos Govt seals Purple Mall, launches probe into fatal fall from parking deck  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/03/lagos-govt-seals-purple-mall-launches-probe-into-fatal-fall-from-parking-deck/feed/ 0 518401 Lagos Govt suspends BRT lane enforcement on Eko Bridge, Odo Iya-Alaro  https://nairametrics.com/2025/07/03/lagos-govt-suspends-brt-lane-enforcement-on-eko-bridge-odo-iya-alaro/ https://nairametrics.com/2025/07/03/lagos-govt-suspends-brt-lane-enforcement-on-eko-bridge-odo-iya-alaro/#respond Thu, 03 Jul 2025 06:13:55 +0000 https://nairametrics.com/?p=518381 The Lagos State Government has temporarily suspended enforcement of Bus Rapid Transit (BRT) lane restrictions on the Eko Bridge and Odo Iya-Alaro corridors to ease traffic congestion caused by ongoing repairs on the Ifako Bridge. 

The post Lagos Govt suspends BRT lane enforcement on Eko Bridge, Odo Iya-Alaro  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/03/lagos-govt-suspends-brt-lane-enforcement-on-eko-bridge-odo-iya-alaro/feed/ 0 518381 Lagos launches clean cookstove initiative with N10,000 monthly stipend  https://nairametrics.com/2025/07/02/lagos-launches-clean-cookstove-initiative-with-n10000-monthly-stipend/ https://nairametrics.com/2025/07/02/lagos-launches-clean-cookstove-initiative-with-n10000-monthly-stipend/#respond Wed, 02 Jul 2025 17:07:25 +0000 https://nairametrics.com/?p=518362 Lagos State has launched its clean cookstove project, pledging beneficiaries a monthly stipend of N10,000 for 15 years to enhance energy access and mitigate environmental impact. 

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]]> https://nairametrics.com/2025/07/02/lagos-launches-clean-cookstove-initiative-with-n10000-monthly-stipend/feed/ 0 518362 Enugu Govt announces commencement of Enugu Air commercial flights on Monday  https://nairametrics.com/2025/07/02/enugu-govt-announces-commencement-of-enugu-air-commercial-flights-on-monday/ https://nairametrics.com/2025/07/02/enugu-govt-announces-commencement-of-enugu-air-commercial-flights-on-monday/#respond Wed, 02 Jul 2025 14:19:42 +0000 https://nairametrics.com/?p=518350 The Enugu State Government has announced that its state-owned airline, Enugu Air, will begin commercial operations on Monday, July 7, 2025. 

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]]> https://nairametrics.com/2025/07/02/enugu-govt-announces-commencement-of-enugu-air-commercial-flights-on-monday/feed/ 0 518350