Floors
Lagos marks 70 houses for demolition, 20 on the Island
The Lagos State Building Control Agency (LASBCA) said it is set to demolish 70 distressed buildings in the state. Twenty of the buildings are on Lagos Island. The agency made this known after bulldozing a partially collapsed house at 19 Church Street on the Island. LASBCA spokesman, Mr Gbadeyan Abdulraheem, said the General Manager of the agency Mr Gbolahan Oki, supervised the demolition. Oki said it has became an urgency to immediately remove the dilapidated and distressed building, which were no longer fit for human habitation, to prevent collapse. He said many defective buildings had been marked for removal in a bid to end the era of building collapses. Oki noted that his team had earlier visited the distressed buildings to get an on the spot assessment and asked the residents to reloca...
AKA: I’m not a suspect in my fiancée’s murder investigation
Superstar South African rapper, Kiernan Forbes, has stated that he is not a suspect in the ongoing investigation into the death of his fiancée, Nellie Tembe, by the South African Police. Fondly referred to as Anele, it was reported that the rapper’s fiancée fell from one of the upper floors of the hotel to the intersection of Loop and Bloom streets in the Cape Town central business districts. AKA and Anele had gotten engaged in February this year. In March, he paid ‘lobola’ to her family, describing her as ‘the love of his life’ when he announced their engagement on social media. The rap artiste revealed that some people whom he and his late fiancée trusted with their deepest troubles now use them as weapons against him. He said, “It is a sad day when I find myself having to speak to the n...
Ekiti reduces stake in Wema Bank
Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019. But in a notification to the Nigerian Stock Exchange (NSE), signed by the Company Secretary of Wema Bank Plc, Johnson Lebile, the bank said Ekiti State Government sold 666.670 million shares at 65 kobo per share on the floors of the NSE, amounting to N433.336 million. According to the bank, the transaction took place between March 3 and 4, 2021. With the transaction, Ekiti State now holds about 524.1 million shares. Neem Tree Limited remains the majority shar...
Fire guts goods worth over N35 million in Aba
A late evening fire outbreak on Thursday gutted a three-storey building at No 74 Jubille Road, Aba, Abia, destroying goods worth more than N35 million. The fire also gutted a makeshift warehouse at the back of the three-storey building with Motorcycle spare parts and also burnt the contents of rooms on three floors at the back of the main building. Newsmen visited the scene of the incident and reports that the three-storey building, other adjoining blocks with their wares were not spared by the inferno. Mr Donatus Ezenwaka, a victim and Motorcycle Spare Parts dealer at the building told newsmen on Friday that he was called back at about 11 pm to his shop by a neighbour because the building was on fire. “I came and it was as told me and there was a crowd around here. “They said the fire beg...
