Abandoned N449m: Suspect in EFCC custody, threatens to reveal owner if…

Bid by the Economic and Financial Crimes Commission (EFCC) to unmask the owners of the abandoned N449, 000,860 which was abandoned in a shop in Lagos, may have started yielding dividends as a suspect, believed to be Bureau De Change (BDC) operator and who is in the know of the abandoned money has threatened to ‘reveal the real identity’ of the owners of the money. The suspect, who is alleged to be a BDC operator, also debunked media reports that the recovered money had been stashed in the shop for…

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ICE SUITES AND APARTMENT: Enticing with serenading luxuries

Lagos has continued to welcome new hotels to its hospitality sector with one of the newest additions being Ice Suites and Apartments located on Gbemisola Adenubi area of Ago – Okota (Grandmate) area of the state. The hotel’s location is fast turning into the business and entertainment district of Ago Palace Way, enjoying a serene and peaceful ambience of some sorts while the hotel’s enchanting presence certainly is an inviting attraction in the neighbourhood with its opulence easily one of its unique appeals. But beyond those attributions is the fact…

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EASTER TREAT: Plantain salad

With the Easter festivity getting to a crescendo, it will be nice to experiment with something new and out of the ordinary by treating your family members and guests to a rare delicacy, Plantain Salad from Kauna Kitchen: Ingredients: (Salad) • Two large ripe plantains • Half of a small red onion (optional) • One bell pepper (red, yellow, or orange) • One medium cucumber • Half cup canned sweet corn • Two tablespoons finely chopped fresh herb (parsley, coriander, or basil) • Salad Dressing • Three tablespoons olive oil…

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US stocks struggle amid pick up in volatility

US stocks tumbled yesterday as volatility measures continued to climb. Havens, including gold and Treasuries, edged higher, but oil fell slightly after a government report showed stockpiles dropped from record levels while production increased. The S&P 500 Index was down 0.45 per cent at 2343.29 in New York, while the Dow Jones Industrial Average fell 0.30 per cent to 20,571.37. The Chicago Board Options Exchange SPX Volatility Index, better known as the VIX, rose four a fourth consecutive day, gaining 5.6 per cent. The index has increased more than 23…

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How sustainable’s FAAN’s ‘new’ airport infrastructure renewal?

The Federal Government had, in 2012/2013, embarked on ambitious airport remodelling project, which raised so much hope but little in delivery. The Lagos airport is, however, wearing new look now and becoming passenger friendly. But, how sustainable are these quick fixes? WOLE SHADARE asks Previous challenges In 2014, none of Nigeria’s over 24 airports met the criteria to be selected amongst the top aerodromes in Africa. As a matter of fact, Port-Harcourt International Airport was selected as the worst airport in the country. The verdict came as shock to a…

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$500m Lagos, Abuja terminals opens August – FAAN

      … to shut down old terminal for repairs, relocates airlines, others     The Federal Government through the Federal Airports Authority of Nigeria (FAAN) has concluded to close down the Murtala Muhammed International Airport, Lagos terminal for total rehabilitation of the 39 year old facility by relocating flight operations to the new multi-million dollar ultra-modern terminal beside it. This is coming as the Federal Government plans to commission the new terminal August this year as the Chinese contractors, China Civil Engineering Construction Company (CCECC) are speeding up work on…

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Luxury cooling units

The weather has been hellish lately, literally. Between the hot weather and the brief rains that come to extract more heat from the ground, we do not stand a chance. However, all is not lost, certainly not! Have you looked around you in homes, churches, wvent centres and more? The air conditioning units are getting even more sophisticated. That is plenty good news to us who cannot stand the heat. Conditioners that are wall units to the standing floor systems all the way to those that actually look like they…

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Cooling fruit salad

This weather is not for the faint hearted, to say the least. Temperatures keep rising and heating up, even with the rains. Besides the weather, we have no way to cool down. There is paltry electric supply and no petrol to power our generators. The best way to counter this near hopeless situation is to enjoy a lovely bowl of fruit salad at breakfast, lunch or dinner. If you ration your potions well enough, who says you can’t have your salad at every mealtime? The kids would especially love this.…

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