ABUJA —The Federal Government said, yesterday, that 55 well-placed Nigerians stole a whopping N1.34 trillion between 2006 and 2013, an amount that would have been enough to provide significant developmental projects across the country. Minister […]
Hollywood heavyweight Spike Lee says he will boycott this year’s Oscar awards because of a continued lack of racial diversity in the list of nominees. By Tuesday, the prominent filmmaker and director Lee along with […]
China’s economic growth ebbed to a 25-year low in 2015 as trade and consumer spending weakened, deepening a downturn that has fueled anxiety abroad over its impact on an uncertain global outlook. The world’s second-largest […]
Consumer goods giant Unilever has reported a sharp fall in full year profit for 2015, which it said was “a challenging year”. The firm, which makes a vast array of consumer products including Ben & […]
A few days ago, I had visited an area of Lagos known for its population density, chaos and filth– a fertile ground for breeding rodents which health experts have said are the carriers of the […]
Two companies linked to Doyin Okupe, a former media aide to President Goodluck Jonathan, got at least N1.6 billion off the former National Security Adviser, Sambo Dasuki, in three shady cyber security contracts, PREMIUM TIMES […]
The Lagos State chapter of the Nigerian Union of Journalists (NUJ) has filed a N500 million criminal suit against the Nigerian Customs Service, NCS, over the brutal assault on one Yomi Olomofe, a journalist at […]
When word came from somewhere in the Senate the other day that the entire 2016 Budget – all N6.08 trillion of it – had gone missing, disappeared, vanished, millions of Nigerians looking up to it […]
In 1984, the late Gani Fawehinmi, SAM, SAN, spectacularly broke ranks with his legal commune. That clan dotted on “due process” — no crime! — and distanced itself from the post-2nd Republic corruption trials, before […]
The refusal of ex-militant, Mr. Government Ekpemupolo, popularly known as Tompolo, to honour the invitation of the Economic and Financial Crimes Commission as well as the summons of the court is an affront on the […]
Merely by the strength of the forces arrayed against the naira at the moment, it seems a matter of time before the currency is taken to the Golgotha. It’s the morbid season hence the swooning […]
The people were led to believe, and soon appeared to have believed, that the Peoples Democratic Party was the only party in town or the only party that mattered. Before long, the PDP deluded itself […]
W hen it rains, it pours. The price of crude oil plunged below $30 last week, plumbing to a low last seen in December 2003. On Saturday, the United States and the European Union lifted […]
Here’s hoping that Dambazau will ditch his ‘bigmanism’, make necessary adjustments, sit up and get the job done, unlike his predecessors who made a mess of their office. Let me state for the record, that […]
William the Bastard (or more courtly, William the Conqueror: ruled 1066-1087), was the first Norman king of England. Though dubbed “illegitimate” because he was sired by the unmarried Robert I, Duke of Normandy, after a […]
THERE were other jobs Nigerians did – Traffic Wardens, shop assistance – (all demanding standing for no less than eight hours), car washers, taking care of the elderly in old people’s homes, the post offices […]
THE sharp fall in oil prices and low foreign exchange reserves have put the Central Bank’s foreign exchange management under great strain and made hard and tough choices inevitable. The apex bank which gets 90 […]
Nigeria’s inflation rate accelerated to a three-year high in December as food prices rose in Africa’s biggest economy and oil producer. The consumer price index increased by 9.6 percent on an annualized basis, compared with […]
Fifty-five people who were government ministers, state governors, public officials, bankers and businessmen stole 1.34 trillion naira ($6.8 billion) from Nigeria’s public purse over a seven-year period, the information minister said on Monday. Endemic corruption […]
Nigeria’s Minister of Information and Culture, Lai Mohammed, has stated that 55 Nigerians have stolen over N1.34 trillion from the country’s treasury from 2006 to 2013. Speaking at a press conference on Monday in Abuja, […]
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