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...
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CBN CUTS INTEREST RATE TO 26.5%, FOREIGN RESERVES HIT 13-YEAR HIGH. (PHOTO).

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 CBN Cuts Interest Rate to 26.5%, Foreign Reserves Hit 13-Year High


Nigeria’s Central Bank started 2026 with a careful step, cutting the key interest rate to 26.5 percent while keeping other measures like the Cash Reserve Ratio and liquidity steady - a sign of cautious steering of the financial system.


Governor Olayemi Cardoso pointed to falling inflation, stronger banks, and foreign reserves hitting a 13-year high of 50 billion dollars, giving the economy a solid boost.


But the CBN warned that pre-election spending could undo progress if not checked.

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