Bus Stop Parliament

High interest rates drive up investments in Mutual Funds

High interest rates drive up investments in Mutual Funds

monetary policy reform and increased participation of Nigerians in the diversification of their income stream have boosted investment in the Mutual Funds with the Net Asset Value, NAV, rising by 40.2%  in the seven  months ended July 2023.
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Do people really possess power to make others disappear?

Do people really possess power to make others disappear?

Wonder of wonders! We claim to have all these powers in Africa and yet we are so poor and backward,” said Steve. Didn’t you hear about what happened last Wednesday at Ijaiye where a woman called two children to come help her read a text message on her cell phone.

Is prostitution a business?

Is prostitution a business?

“No, I don’t believe that. To prove that point, the report said that those arrested included daughters of serving senators and state assembly members, and one of the customers is a driver of a General in the Nigerian Army. So tell me, was it poverty that drove them into this?” asked Tosin.

Woman, 84, arrested for selling babies – Reports

Woman, 84, arrested for selling babies – Reports

“O boy, read it out loud please,” a number of commuters pleaded with Iyke who said tongue-in-cheek: “You guys should not disturb me. After all you saw the vendor or do you think the papers are for decoration? They are for sale, so go and buy your own,” thereupon he began to read the story aloud to the hearing of all.

Street parties and traffic jams in Lagos

Street parties and traffic jams in Lagos

The notorious weekend traffic jams in the Lagos metropolis seems to be subtly creeping back after a forced absence. Traffic along the Egbeda – Iyana-Ipaja axis in the Alimosho area stretched for over one kilometre and nobody seemed to know the cause. Restless commuters were urging the driver to make a detour and rejoin the main route later so as to avoid the heavy traffic and save time and fuel.

Noise pollution and the consequences

Noise pollution and the consequences

Wednesday was yet another black day for the building industry in Lagos. An uncompleted storey building at Adenike Street, off New market in the popular Oniru Estate, Victoria Island suddenly came crumbling.

Reps split over N15.1bn quarterly allocation — Reports

Reps split over N15.1bn quarterly allocation — Reports

“To meet the new demand, they will need N15.1billion as against the current N10. 044 billion,” replied Mark.
“So we’ve got all this money in Nigeria and yet our roads are bad, the power situation is getting worse, industries are shutting down, the unemployment market is swelling, our pensioners are not finding it easy, neither are the workers; yet our so-called representatives are there representing their pockets,” noted Ugo, visibly angry.

Rotational presidency: Good or bad ?

Rotational presidency: Good or bad ?

ONE of the most vexing issues in Nigerian politics today is rotational presidency and the parliamentarians decided to bare their minds on the issue.

IBB and his 2011 ambition

IBB and his 2011 ambition

“What is with this IBB of a man? Why is he fighting tooth and nail to get back to Aso Rock?” asked Tony this Monday evening as the commuter bus moved slowly along the Ogba – Ikeja road. He was reacting to a statement by a commuter, Mr Laz who said that IBB will be the next president if we are not careful.

When The Blues eclipsed Red Devils

When The Blues eclipsed Red Devils

The atmosphere was electric, as it was expected to be. After all the two biggest clubs in the English Premiership and the archrivals for the league shield for the 2009/2010 season were each engaged in a final match that would determine who emerged winner. The commercial viewing centre was filled to capacity with fans or supporters of both clubs who boastfully praised and cheered their team of choice at the top of their voices.