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Top events to look out for this December

The year is gradually coming to an end. This period offers us that opportunity to take stock of your activities during the year and also set targets for the coming year 2019.

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Conert in Lagos

The year is gradually coming to an end. This period offers us that opportunity to take stock of your activities during the year and also set targets for the coming year 2019.

At Nairametrics, we have decided to provide our esteem readers a list of events and activities to relax and unwind this December.

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Please note that some of these events are not free, kindly check for the Ticket prices.

The 2018 Experience Concert

Acclaimed to be the largest gospel event in Africa and probably in the world. The annual musical concert has over the years attracted top gospel artistes from around the world. The theme for this year’s edition is ‘Jesus our Peace’. It will hold today, December 7 at the popular Tafa Balewa Square Onikan, Lagos.

Simi Live in Lagos Concert

Singer and Songwriter, Simi is set to treat her numerous fans to a wonderful time this December. This is coming off her sold-out show in London. This year Simi Live in Lagos will hold on 9th December at the Balmoral Convention Centre, Federal Palace Hotel, Victorial Island.

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Omo Better Concert

Popular street hip hop sensation, Small Doctor, has assembled many stars to perform at his Omo Better concert.The hip hop sensation fondly called ‘King of Mainland’ by his numerous fans was recently released by the police after been arrested for being in possession of illegal firearms. The event will hold at the 10,000 capacity Agege Stadium same hood he started from.  It will hold on the Sunday December 9.

Adekunle Gold Live

It is a Tripple Gold Dates for the Urban highlife and alternative artiste, Adekunle Gold, as he has announced a three-day (December 13 – 15, 2018) live performance in December to the delight of fans at the iconic cultural centre, Terra Kulture Victoria Island Lagos.

The show will end what has indeed been a remarkable year for the singer following the release of his critically acclaimed album ‘About 30’ and a sold out Indigo Arena show in London.

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The live set will provide fans with the opportunity to catch Adekunle Gold and the 79th Element Band providing professional music experience which will focus on undiluted music artistry, stage production, and showmanship.

King Coal Live in Concert

One of Nigeria’s most talented vocalists and CEO of Black Diamond, Wande Coal, has announced his first headline concert in Lagos this Christmas. The concert tagged ‘King Coal in Concert’ is sponsored by Bet9ja.

The ‘King Coal in Concert’ is scheduled to hold on Friday, 14th December 2018 at the Eko Convention Centre, Eko hotels. The ‘Turkey Nla’ and ‘So Mi So’ crooner will treat his numerous fans to a night of musical bliss.

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Daystar Christmas Carol Service

This is unarguable the best Christmas carol service in Lagos. The annual carol service is organised by the Daystar Christian Centre, Oregun, Lagos. The carol service has continued to evolve by bringing new dynamics into their acts and shaping culture using contemporary songs. The carol service is scheduled for 9th December 2018 and the venue is the Church Premises, Daystar Christian Centre, Oregun, Lagos.

The Calabar International Carnival

This is the most elaborate festival in Nigeria. It is a weeklong event and the next thing to the yearly Rio de Janeiro carnival of Brazil. Calabar festival is a celebration of creativity and culture, that blends with both the traditional and modern lifestyle of the people in Cross River State.

The 2018 edition of the carnival will host more than 30 countries as well as 25 states from Nigeria. The annual event has become the melting point of Africa’s hospitality due to its diverse tourism events and sites, the green environment and the warm hospitality of the people.

The 2018 Port-Harcourt Carnival

The 2018 Rivers State cultural carnival will hold as usual in December in Port Harcourt city. The unique feature of Port Harcourt carnival is that it is a combination of the contemporary Caribbean-style carnival and cultural carnival. There is always an influx of people in the capital city of Rivers State during this unique festival that takes place in December. This year’s event will hold from 4th to 21st December 2018.

Mayor of Lagos concert

Mayorkun is set to take Lagos by storm with the second edition of his ”Mayor of Lagos” concert in Lagos. The self acclaimed “Mayor of Lagos” will be churning out hit singles like CheChe’, ‘Odo Remix’, ‘Bobo’, ‘Posh’ and more this year; ending the year on a very high note with the final stop on this 3-legged Nigerian tour. The venue of the event is the Balmoral convention centre, Federal palace hotel, Victoria Island and the date is December 14, 2018.

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Wizkid Live in Abuja

For Fun Lovers in the FCT, famous Nigerian hip hop artist, Wizkid is set to hold live concert at the Transcorp Hilton hotel, Abuja. The date is December 16. Also after a sold-out show at the same location last year, Wizkid is back at the prestigious Eko Convention Centre Hall for an all exclusive performance to his VIP fans and followers. The Star Boy will be performing with a full live band to an average of 5,000 exclusively VIP guests on December 19, 2018.

The Wizkid Made In Lagos concert will hold on December 23, 2018 at the Eko Atlantic City, Lagos.

Olamide Live in Concert

Multiple award winning hit maker, “Street King” and YBNL boss, Olamide is back at the Eko hotel this year for the fifth edition of his annual show, “O.L.I.C”. This year’s edition will take place on the 23rd of December at the Eko hotel & suites, Victoria Island Lagos. Last year’s edition took place at the National Stadium, Surulere, the artiste is back on the Island to give fans a whole new concert experience once again.

Flytime Music Festival 2018

Nigeria’s foremost entertainment company, Flytime Promotions, is set to bring Lagos to a standstill this December with the annual Rhythm Unplugged concert followed by an array of other events. The event is set to kick-off on December 21-23  with performances from both local and international artistes such as Davido, Bobby Brown, Bell Biv Devoe, D’banj, Tiwa Savage, Burna Boy and many more. The venue is Eko convention centre, Eko hotel & suites, Victoria Island Lagos.

Burna Boy Live

Burna has enjoyed a very successful year and Lagos fans are eager to catch him performing live. Burna Boy is back this year on Boxing Day, December 26 at the Eko convention centre, Eko hotel & suites, Victoria Island Lagos, and is ready to reward his fans with an amazing concert, performing the “Outside” album and some of his record hit releases.

Grown and Sexy concert

Lovers of R’n’B are in for a swell night on the 29th of December as veterans in the R’n’B genre here in Nigeria will be serenading guests with heart melting songs to celebrate the season of love. The Venue is the Eko convention centre, Eko hotel & suites, VI Lagos.

Patricia

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via [email protected]

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Coronavirus

COVID-19 Update in Nigeria

On the 6th of July 2020, 575 new confirmed cases and 9 deaths were recorded in Nigeria bringing the total confirmed cases recorded in the country to 29,286.

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The spread of novel Corona Virus Disease (COVID-19) in Nigeria continue to record significant increase as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 29,286 confirmed cases.

On the 6th of July 2020, 575 new confirmed cases and 9 deaths were recorded in Nigeria, having carried out a total daily test of 1,831 samples across the country.

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To date, 29,286 cases have been confirmed, 11,828 cases have been discharged and 654 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 152,952 tests have been carried out as of July 6th, 2020 compared to 151,121 tests a day earlier.

COVID-19 Case Updates- 6th July 2020

  • Total Number of Cases – 29,286
  • Total Number Discharged – 11,828
  • Total Deaths – 654
  • Total Tests Carried out – 152,952

According to the NCDC, the 575 new cases were reported from 20 states- Lagos (123), FCT (100), Delta (58), Edo (52), Ogun (42), Katsina (24), Bayelsa (23), Rivers (22), Borno (19), Plateau (18), Ondo (18), Oyo (17), Kwara (15), Osun (13), Enugu (9), Nasarawa  (7), Abia (6), Cross River (5), Kaduna (3), Ekiti (1).

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 11,367, followed by Abuja (2,281), Oyo (1,530), Edo (1,435), Delta (1,285), Kano (1,268), Rivers (1,205), Ogun (1,047),  Kaduna (868), Katsina (628), Borno (547), Gombe (520), Bauchi (516), Ebonyi (503), Ondo (474), Plateau (454), Abia (391), Enugu (381), Imo (352), Jigawa (318).

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Kwara state has recorded 284 cases, Bayelsa (268), Nasarawa (232), Osun (178), Sokoto (153),  Niger (122), Akwa Ibom (112), Adamawa (99), Benue (97), Kebbi (84), Zamfara (76), Anambra (73), Yobe (61), Ekiti (45), Taraba (22), while Kogi state has recorded 5 cases.

 

READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government

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Lock Down and Curfew

In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.

The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.

On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020.

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READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous

DateConfirmed caseNew casesTotal deathsNew deathsTotal recoveryActive casesCritical cases
July 6, 202029286575654911828168047
July 5, 2020287115446451111665164017
July 4, 202028167603634611462160717
July 3, 2020275644546281211069158677
July 2, 2020271106266161310801156937
July 1, 2020264847906031310152157297
June 30, 202025694561590179746153587
June 29, 20202513356657389402151587
June 28, 20202486749056579007149957
June 27, 20202407777955848625148947
June 26, 20202329868455458253144917
June 25, 20202261459454977822142437
June 24, 20202202064954297613138657
June 23, 20202137145253387338135007
June 22, 20202091967552577109132857
June 21, 202020242436518126879128477
June 20, 202019808661506196718125847
June 19, 202019147667487126581120797
June 18, 20201848074547566307116987
June 17, 202017735587469145967112997
June 16, 202017148490455315623110707
June 15, 20201665857342445349108857
June 14, 202016085403420135220104457
June 13, 20201568250140785101101747
June 12, 20201518162739912489198917
June 11, 2020145546813875449496737
June 10, 20201387340938217435191407
June 9, 2020134646633654420688937
June 8, 2020128013153617404084007
June 7, 20201248626035412395981737
June 6, 2020122333893429382680657
June 5, 20201184432833310369678157
June 4, 2020115163503238353576467
June 3, 2020111663483151332975227
June 2, 20201081924131415323972667
June 1, 20201057841629912312271579
May 31, 20201016230728714300768687
May 30, 2020985555327312285667267
May 29, 202093023872612269763447
May 28, 202089151822595259260647
May 27, 202087333892545250159787
May 26, 2020834427624916238557107
May 25, 202080682292337231155247
May 24, 202078393132265226353607
May 23, 202075262652210217451317
May 22, 2020726124522110200750337
May 21, 2020701633921111190748987
May 20, 202066772842008184046377
May 19, 202064012261921173444757
May 18, 202061752161919164443407
May 17, 202059593881826159441837
May 16, 202056211761765147239737
May 15, 202054452881713132039544
May 14, 202051621931683118038154
May 13, 202049711841646107037374
May 12, 20204787146158695936704
May 11, 202046412421521090235894
May 10, 202043992481421777834794
May 9, 202041512391271174532784
May 8, 202039123861181067931154
May 7, 20203526381108460128184
May 6, 20203145195104553425071
May 5, 2020295014899548123704
May 4, 2020280224594641722912
May 3, 2020255817088240020702
May 2, 20202388220861735119522
May 1, 20202170238691035117512
April 30, 2020193220459731715562
April 29, 2020172819652730713692
April 28, 2020153219545425512322
April 27, 20201337644102559942
April 26, 20201273914152399942
April 25, 20201182873632229252
April 24, 202010951143312088552
April 23, 20209811083231977532
April 22, 2020873912931976482
April 21, 20207821172631975602
April 20, 2020665382311884662
April 19, 2020627862221704362
April 18, 2020541482021663562
April 17, 2020493511841593172
April 16, 2020442351311522772
April 15, 2020407341211282672
April 14, 202037330111992632
April 13, 202034320100912422
April 12, 20203235100852282
April 11, 202031813103702382
April 10, 20203051770582402
April 9, 20202881471512302
April 8, 20202742260442262
April 7, 20202541661442042
April 6, 2020238650351982
April 5, 20202321851331942
April 4, 2020214540251850
April 3, 20202092542251800
April 2, 20201841020201620
April 1, 2020174352091630
March 31, 202013982091280
March 30, 2020131202181210
March 29, 2020111221031070
March 28, 20208919103850
March 27, 2020705103660
March 26, 20206514102620
March 25, 2020517102480
March 24, 2020444102410
March 23, 20204010112370
March 22, 2020308002280
March 21, 20202210001210
March 20, 2020124001110
March 19, 20208000170
March 18, 20208500170
March 17, 20203100030
March 16, 20202000020
March 15, 20202000020
March 14, 20202000020
March 13, 20202000020
March 12, 20202000020
March 11, 20202000020
March 10, 20202000020
March 9, 20202100020
March 8, 20201000010
March 7, 20201000010
March 6, 20201000010
March 5, 20201000010
March 4, 20201000010
March 3, 20201000010
March 2, 20201000010
March 1, 20201000010
February 29, 20201000010
February 28, 20201100010

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FG to shut Third Mainland Bridge for 6 months  

The Third Mainland Bridge is the longest of three bridges connecting Lagos Island to the mainland. 

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The FederalThird Mainland Bridge, Housing: Tackling Nigeria’s huge housing deficit, Nigerian roads are not that terrible, Fashola says 

The Federal Government has announced plans to shut down the Third Mainland Bridge for maintenance work from July 24, 2020. 

This was disclosed by the Federal Controller of Works in Lagos, Mr Olukayode Popoola, during an interaction with the News Agency of Nigeria (NAN) on Monday July 6, 2020. 

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In the conversation, Popoola said that consultations were on for another phase of repair works to commence on the Third Mainland Bridge. He told the News Agency of Nigeria that the consultations were towards developing a perfect traffic management architecture that will be very efficient and effective. 

According to PopoolaWe want to do maintenance work on Third Mainland Bridge very soon. Most likely on the 24th. We may close it from 24th of July.’’ 

READ ALSO: Update: FG increases fuel price to N143.80 per litre

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“We are still working out the modalities and when we perfect the traffic management plan we will move to site. Everything being expected for the repairs of the bridge arrived the country that is why we want to start the repairs now,’’ 

The 11.8km bridge which has gone through series of rehabilitation works was last closed for repairs in August 2018 for 3 days of investigative maintenance check. 

Thereafter, some components needed for completion of repairs were sourced abroad because they were not available locally. 

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Meanwhile, a monitored report from Channels suggests that the closure might last for a period of 6 months.

READ ALSO: Nigeria to raise N163.32 billion through road concessions programme

There has been reports of some worn-out joints of the bridge, which has raised some serious safety concerns for the users of the bridge. The federal government will be working with the Lagos State Traffic Management Agency (LASTMA) on how best traffic during this period. 

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The Third Mainland Bridge is the longest of three bridges connecting Lagos Island to the mainland. 

The bridge starts from Oworonshoki which is linked to the Apapa-Oshodi Expressway and the Lagos-Ibadan Expressway and ends at the Adeniji Adele Interchange on Lagos Island. 

It was opened for use 1990 and was the longest in Africa until 1996 when The 6th October Bridge in Cairo was completed. 

 

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Patricia
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Around the World

FRC orders the Big Four to separate auditing from consulting services

The Big Four firms now reportedly generate the largest portions of their revenues from consultancy services.

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Big Four

The world’s four biggest audit firms —KPMG, PwC, Ernst & Young, and Deloitte — have been directed by the Financial Reporting Council (FRC) to plan towards separating their audit services from their consulting services.

The deadline for compliance with this directive is June 2024.

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A statement that was published on the FRC website said this directive is ‘world-leading’. The statement also explained why it became imperative to separate the firms’ operations towards ensuring that they deliver the uttermost quality audit services for the good of public interest.

By the time the operational separation officially takes effect starting from June 2024, FRC said it would be expecting the following outcomes:

  • That audit practice governance would prioritise audit quality and protect auditors from influences from the rest of the firm that may try to divert their focus away from audit quality.
  • That the total amount of profits distributed to the partners in the audit practice does not persistently exceed the contribution to profits of the audit practice.
  • The culture of the audit practice prioritises high-quality audit by encouraging ethical behaviour, openness, teamwork, challenge and professional scepticism/judgement.
  • Auditors act in the public interest and work for the benefit of shareholders of audited entities and wider society.

While commenting on this development, FRC’s Chief Executive Officer, Sir Jon Thompson, said the FRC is committed to reforms on how corporate finances are reported. Further aspects of the reform package will be introduced over time, he said.

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“Operational separation of audit practices is one element of the FRC’s strategy to improve the quality and effectiveness of corporate reporting and audit in the United Kingdom following the Kingman, CMA and Brydon reviews. Today the FRC has delivered a major step in the reform of the audit sector by setting principles for operational separation of audit practices from the rest of the firm. The FRC remains fully committed to the broad suite of reform measures on corporate reporting and audit reform and will introduce further aspects of the reform package over time,” Thompson stated.

Do note that the FRC reached this decision after engaging in extensive discussions with the Big Four. It was also agreed that the audit firms will submit an implementation plan to the FRC latest by October 23rd, 2020.

Recall that it was just last week when Nairametrics reported how the Big Four earned the sum of N7.53 billion as audit fees from Nigeria’s most capitalized firms in 2019. Interestingly, these firms now reportedly generate the largest portions of their revenues from consultancy services. As a matter of fact, only about 20% of their revenues now come from auditing fees.

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Patricia
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