Author: For Now News

The Lagos State Consumer Protection Agency (LASCOPA) says it is committed to protecting consumer rights and improving service delivery through its monthly Stakeholders’ Parley with Eko Electricity Distribution Company (EKEDC) and Ikeja Electric, an initiative that has positively impacted more than 10,000 Lagos residents. As part of its consumer protection mandate, the Agency has facilitated the recovery of over ₦200 million in credit adjustments for electricity consumers through the intervention of EKEDC and Ikeja Electric, further demonstrating its dedication to ensuring fairness, accountability, and consumer satisfaction in electricity service delivery. The monthly Stakeholders’ Parley provides a unique platform for electricity…

The Central Bank of Nigeria, CBN, has withdrawn the operating licences of 46 microfinance banks nationwide for failing to meet regulatory requirements, in its latest bid to sanitise the sub-sector. The apex bank announced the action on Wednesday in a statement signed by its Acting Director of Corporate Communications, Hakama Sidi-Ali. According to the CBN, the revocation took effect from July 1, 2026, with the approval of Governor Olayemi Cardoso. The action was carried out under Sections 12 and 13 of the Banks and Other Financial Institutions Act, BOFIA, 2020. The affected banks were found to have breached key licensing…

The Lagos State Government says it is set to address the growing challenges posed by abandoned buildings and the consequential security and environmental menace through a coordinated inter-agency approach. The State government’s major aim is to ensure availability of more habitable housing units, strengthen public safety, promote sustainable urban development and make certain the implementation of existing laws on abandoned properties across the State. To advance this objective, the Lagos State Ministry of Housing, convened an inter-agency stakeholders’ meeting at the Ministry’s Conference Room at Alausa Secretariat, Ikeja. The meeting brought together heads of Ministries, Departments and Agencies (MDAs) with…

The Lagos State Government and the Federal Government has flagged-off the Adopt-a-School: Snacks for Thought – PBAT FEEDS initiative, a public-private partnership aimed at providing nutritious breakfast meals for primary school pupils to improve school attendance, concentration and academic performance. The initiative, under the Renewed Hope National Home-Grown School Feeding Programme, was flagged off at Lagos Island East Local Council Development Area (LCDA), with the Lagos State Government reaffirming its commitment to partnering with the Federal Government, corporate organisations, development partners and well-meaning Nigerians to improve the welfare of schoolchildren. Speaking at the launch, Governor Babajide Sanwo-Olu, represented by the…

The Nigerian Railway Corporation, NRC, has formally issued a Permanent Operating Licence to the Lagos State Government for the Lagos Rail Mass Transit, LRMT, Red Line, ending over a century of sole federal control of railway operations in Nigeria. Managing Director of the NRC, Doctor Kayode Opeifa, presented the licence to the Lagos Metropolitan Area Transport Authority, LAMATA, at a signing ceremony in Lagos. “For 128 years, since 1898, the NRC has remained the sole developer and operator of railway services across Nigeria,” Opeifa said. “Today, we formally change that narrative not by abdicating our statutory roles, but by expanding…

The Federal Government has banned the operation of commercial motorcycles and tricycles on the Lagos-Calabar Coastal Highway as part of measures aimed at protecting the newly completed infrastructure from misuse and premature deterioration. The directive, which takes effect this week, was announced by the Federal Controller Ministry of Works in Lagos State, Olufemi Dare. Dare said the decision formed part of the ministry’s efforts to preserve the integrity of the superhighway and ensure its long-term sustainability. “The restriction is introduced to protect the newly constructed superhighway from misuse and deterioration,” he said. In addition to the ban, the ministry also…

Lagos State Governor, Babajide Sanwo-Olu, has commended security agencies for the massive onslaught against criminal networks in Lagos and Ogun States, following the success of the joint crackdown, Operation Kosaye. The coordinated operation has delivered significant results in the last phase which included 88 suspects arrested, 4 suspects killed in a gun duel with operatives, 5 kidnapped victims rescued as well as a cache of arms and ammunition recovered. Reacting to the development, Governor Sanwo-Olu praised the commitment of security personnel and reaffirmed his administration’s determination to sustain efforts aimed at protecting lives and property. “We will continue to work…

Zamba Pledges Greater Drive Towards Universal Health Coverage in Lagos. Lagos State Health Management Agency (LASHMA) has maintained its leadership in Nigeria’s health insurance sector again after clinching the 2026 Nigerian Healthcare Excellence Award (NHEA) for State Government Health Insurance of the Year, marking the Agency’s third victory in the prestigious category in recognition of its outstanding health insurance service delivery. Receiving the award at the 12th Nigerian Healthcare Excellence Awards held on Friday 26th June, at Eko Hotel and Suites, Victoria Island, the Permanent Secretary of LASHMA, Doctor Emmanuella Zamba, described the honour as a testament to the Agency’s…

Nigeria has recorded its strongest ever performance in the 2026 Times Higher Education (THE) World University Rankings, with 24 universities earning global recognition. The milestone makes Nigeria the most represented country in Sub-Saharan Africa in this year’s rankings, according to the Minister of Education, Maruf Tunji Alausa. In a statement shared on X, Alausa said the number of ranked Nigerian universities increased from 21 in previous years to 24 in the 2026 edition. He added that 17 of the ranked institutions are federal universities, describing the result as evidence that ongoing reforms are strengthening the country’s public higher education system.…

Leading engineering and construction company, Julius Berger Nigeria PLC, has once again demonstrated its reputation for quality delivery by securing two prestigious awards that highlight its outstanding performance in the industry. The company received the Road Construction Company of the Year Award at the Multi-Modal Transportation Safety Conference in Nigeria organised by Transport Day Newspaper. Same day, the Nigerian Society of Engineers (NSE) honoured Julius Berger with an Award of Excellence in recognition of its significant contributions to the advancement of engineering practice and infrastructure development in Nigeria. At the Transport Day conference attended by major stakeholders in the transportation…