Tag: lagos

Tipoff leads anti-graft SWAT team to upscale Lagos pad, bundles of U.S. cash

Tipoff leads anti-graft SWAT team to upscale Lagos pad, bundles of U.S. cash

| April 20, 2017

(GIN)—Neatly-bound bundles of fresh U.S. dollars, Nigerian naira and British pounds totaling more than $50 million were recovered by an anti-graft “SWAT team” in a raid at the Osborne Towers, a luxury building in an upscale section of Lagos. The raid was orchestrated by the Economic and Financial Crimes Commission (EFCC) acting on a new […]

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Nigeria to shut down national airport, citing runway ‘overuse’

Nigeria to shut down national airport, citing runway ‘overuse’

| January 5, 2017

(GIN)—Aviation officials have ordered the shutdown of the nation’s nearly-new international airport at Abuja, the capital, after severe problems on the facility’s single runway were reported. The Nnamdi Azikiwe International Airport, named after Nigeria’s first president, offered direct flights to capitals of Africa and Europe. However, runway problems developed due to “overuse,” according to the […]

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World Bank in bid to put Lagos water in private hands

World Bank in bid to put Lagos water in private hands

| October 9, 2014

(GIN)—As Detroit fights to end a punishing wave of water shutoffs sparked by a payment crisis six years in the making, a bid by the World Bank could put Lagos, Nigeria, in similar straits. Word of a still hush-hush plan to sell off the Lagos water utility to profit-seeking owners reached the ears of Nigerian […]

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Gleaming new Eko Atlantic city leaves historic Lagos in dust

Gleaming new Eko Atlantic city leaves historic Lagos in dust

| January 30, 2014

As developers rush to complete a dream city hopes for a better future are growing dim for the sister city of Lagos, the largest city in Africa.

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