LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...

NIGERIA’S INFLATION RATE DROPS FOR 6TH CONSECUTIVE TIME. (PHOTO).


 Nigeria’s inflation rate drops for 6th consecutive time


Nigeria’s headline inflation dropped to 18.02 per cent in September 2025, down from 20.12 per cent in August.


This is the sixth consecutive headline inflation drop in Nigeria this year.


National Bureau of Statistics, NBS, disclosed this in its Consumer Price Index and Inflation Data released on Tuesday.


NBS data showed that the country’s inflation declined by 0.72 per cent on a month-on-month basis.


The CPI data noted that the food inflation rate was -1.57 per cent month-on-month.


“In September 2025, the headline inflation rate eased to 18.02 per cent relative to the August 2025 inflation rate of 20.12 per cent.


“The MoM headline inflation rate in September 2025 was 0.72 per cent.


“The food inflation rate was -1.57 per cent MoM,” the NBS stated.


The development comes as Chief Executive Officer of Financial Derivatives Company, Bismark Rewane, in his latest analysis, said Nigeria’s inflation would moderate to 18 per cent in November 2025.


However, the recent hike in the prices of fuel and cooking gas could impact subsequent inflation figures and the cost of living for Nigerians.

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