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Home2017

Year: 2017

Issues/Policy

SHOCKING: Firms Indicted For Multi-Billion Subsidy Fraud To Lift Nigerian Crude In 2017 | PremiumTimes

January 12, 2017 Omoniyi Osadare 0

The list of companies released by the Nigerian National Petroleum Corporation for the 2017/2018 crude oil trade includes firms indicted and some facing criminal charges for fuel subsidy fraud, PREMIUM TIMES can report. The oil […]

Issues/Policy

Baale Oloode Sues Olubadan For Removal

January 12, 2017 Omoniyi Osadare 0

The Baale of Oloode in Oluyole Local Government of Oyo State, Chief Lukman Ilufemiloye Alao, has sued the Olubadan, Oba Saliu Akanmu Adetunji, for his removal from office. He is asking for N2million general damages […]

Economy

China Plans Fresh $40bn Investments in Nigeria

January 12, 2017 Omoniyi Osadare 0

The Chinese Foreign Affairs Minister, Wang Yi, has disclosed plans by the Chinese government to invest up to $40b in Nigeria as part of efforts aimed at deepening relations between the two countries. The amount, […]

Education

W’Bank: Nigeria’s Economy to Rebound, Grow by 1% in 2017

January 12, 2017 Omoniyi Osadare 0

The World Bank has predicted that the Nigerian economy would rebound from recession and grow by one per cent in 2017. The multilateral institution stated this in its January 2017 Global Economic Prospects report. Nigeria’s […]

Issues/Policy

FRC Has No Power To Fix Adeboye, Others’ Tenure – Reps

January 12, 2017 Omoniyi Osadare 0

The House of Representatives has ordered a “detailed” public hearing on the activities of the Financial Reporting Council of Nigeria, particularly the Council’s decision to fix the tenure of the leadership of religious organisations. The […]

Sport

We Won’t Break Bank To Keep Messi — Barca

January 12, 2017 Omoniyi Osadare 0

Barcelona won’t put their financial future at risk in negotiating a new contract for Lionel Messi, the club warned on Wednesday, in comments that will encourage his many suitors across Europe, AFP reports. Messi and […]

Nigeria

The Nigerian Church And Its Contradictions By Niran Adedokun

January 12, 2017 Omoniyi Osadare 0

I am hoping that the church in Nigeria does not see Monday’s sack of Mr. Jim Obazee as the Executive Secretary of the Financial Reporting Council of Nigeria as some sort of victory. I am […]

Economy

Is Government Doing Enough To Diversify The Economy? | Punch

January 12, 2017 Omoniyi Osadare 0

The Federal Government is trying hard to diversify the economy; but the summary is that whatever it has done and is currently doing, has yet to materialise. I am sure the results will soon show. […]

Video

SaharaReporters Founder, Sowore, Arrested In Lagos

January 12, 2017 Omoniyi Osadare 0

The Lagos State Police Command has arrested Omoyele Sowore, founder of New York, United States-based online medium, SaharaReporters, over a petition by a magazine publisher, Lekan Fatodu. Sowore was reportedly arrested on Wednesday after he […]

Issues/Policy

To Avoid Scandal, House Moves to Pass Budget Openly | ThisDayLive

January 11, 2017 Omoniyi Osadare 0

In a bid to avoid a repetition of budget fraud allegations which plagued the 2016 budget, the details of the 2017 N7.3 trillion budget would be debated and passed openly at plenary and during proceedings […]

Issues/Policy

Coup in the Senate: Lawan Replaces Ndume As Leader

January 11, 2017 Omoniyi Osadare 0

In a civilian equivalent of a coup d’ etat, the Senate tuesday removed Senator Ali Ndume as leader replacing him with Senator Ahmad Lawan. Senate President Bukola Saraki announced the removal of Ndume shortly after […]

Issues/Policy

Senior Lawyer Charged With Bribing Nigerian Judge With N30 Million, BMW | PremiumTimes

January 11, 2017 Omoniyi Osadare 0

Nigeria’s government on Wednesday arraigned a Senior Advocate of Nigeria, Joe Agi, alongside a judge of the Federal High Court, Adeniyi Ademola, and his wife, Olubowale. Mr. Ademola and his wife, a former Head of […]

Government

Fuel Scarcity Looms As NUPENG Commences Nationwide Strike

January 11, 2017 Omoniyi Osadare 0

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Wednesday began its three-day nationwide warning strike over unresolved labour issues with multinationals operating in the oil and gas industry. Rotimi Benjamin, the Vice-Chairman, […]

Issues/Policy

Emirates Cancels Flight After Snake Was Found In plane | Punch

January 11, 2017 Omoniyi Osadare 0

A Dubai-based airline, Emirates, on Monday said one of its flights from Muscat, Oman, to the UAE was cancelled the previous day after a snake was spotted slithering in the cargo hold. It added that […]

Issues/Policy

Boko Haram: Borno Governor Lambasts UNICEF, 126 Other ‘Nonperforming’ NGOs | PremiumTimes

January 11, 2017 Omoniyi Osadare 0

Governor Kashim Shettima of Borno has advised all “nonperforming” United Nations agencies, including UNICEF, and 126 other nongovernmental organisations to leave the state for alleged failure to justify the funds they claim to be expending […]

Security

EXCLUSIVE: Shake-up in Nigerian Army; Top Generals Redeployed

January 11, 2017 Omoniyi Osadare 1

The Nigerian Army has either appointed or redeployed no fewer than 14 officers to different military units across the country. The exercise, approved by the Chief of Army Staff, Tukur Buratai, on January 9, 2017, […]

Banking

Bankers As Crooks, By Bámidélé Adémólá-Olátéjú

January 11, 2017 Omoniyi Osadare 0

Unfortunately, the story will remain the same with the reluctant attitude towards the criminal prosecution of bankers and the banks themselves. It is unfortunate that legal safeguards cannot be maintained because the money the banks […]

Government

Ambode: Facing 2017 With Increased Vigour, By Niyi Anibaba

January 11, 2017 Omoniyi Osadare 0

Now that the 2017 budget has been signed into law, with the ambitious and plans embedded in it, there is no doubt that the governor and his team are ready to hit the ground running […]

Politics

Gambia: How Nigeria made Gambian Supreme Court give unfavourable judgement to Jammeh

January 11, 2017 Omoniyi Osadare 0

The action of the Nigerian chief justice influenced the decision of the Gambian Supreme Court not to entertain the SUIT by President Yahya Jammeh seeking to annul the result of an election he lost, PREMIUM […]

Business

Will The Stock Market Rebound In 2017? By Uchenna Uwaleke

January 11, 2017 Omoniyi Osadare 0

The Nigerian stock market performance in 2016 left little to cheer about as major indicators remained in the negative territory for much of last year reflecting the realities of a weak economy. While equities market […]

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