The crash in the naira exchange rate from N199=$1 by December 2015 to almost N500=$1 in January 2017 was popularly attributed to the erosion of Nigeria’s foreign reserves from a lofty perch of about $60bn […]
As we move towards the 2019 presidential election, there is trouble with our national finances, being the source of revenue to fund the federal and state budgets. This trouble has reached a critical stage that […]
As 57 council vice chairmen back Sanwo-Olu LAGOS—Barely 24 hours after the Governor’s Advisory Council, GAC, directed that Lagos State governor, Akinwunmi Ambode, and other gubernatorial aspirants should face primaries, Ambode’s aides and civil society […]
The Nigeria Labour Congress (NLC) is not ruling out strike to reopen stalled negotiations on its demand for better wages, NLC president, Ayuba Wabba, told The Guardian in an exclusive interview yesterday. “If it becomes […]
Reports that banks in the country have been reducing their loan portfolio to businesses should not be taken lightly by the power elite and those who have responsibility to manage the economy. Businessmen and intending […]
Nigeria is an intriguing nation. A 58- year adult nation that is still crawling like a toddler, while most of its mates are running on sure feet. Many people including political, traditional and religious leaders […]
The godfather is angry. Angry with the ‘son’ he made; made from the ashes of a civil service career. And he must have a pound of political flesh. His anger, long quietly expressed, has come […]
I lost a friend Oluwasegun Kokumo Agagu, five years ago. To honour his memory, I attended his fifth memorial lecture at the Civic Centre, Ozumba Mbadiwe, Victoria Island, Lagos, on Thursday, September 13. The lecture […]
UPDATE [7:31AM, September 20, 2018]: Barely 24 hours after this story was published, the Minister of State on Aviation, Hadi Sirika took to Twitter to announce the indefinite suspension of the Nigeria Air project. I […]
The truth is that we have a terrible record of loan repayment. With such embedded cultural profligacy, there is no way we will pay back our loans. If we incurred loans all through the 1970s, […]
It is difficult to see how the CBN’s Monetary Policy Committee (MPC) can continue to hold out against an interest rate hike. If not at this week’s meeting, then very soon, the CBN’s benchmark rate […]
The first thing that strikes one after reading the report is that the writer downplays positive developments in the Nigerian economy. Every time that the data points to improvements in the Nigerian economy, the writer […]
A Nigerian senator, Ben-Murray Bruce, has showered praises on pop star, David Adeleke, popularly known as Davido, for the support shown to his uncle, Ademola Adeleke, during Saturday’s election in the State. Mr Adeleke, a […]
Family members of some of the passengers who were kidnapped after boarding a bus belonging to God Is Good Transport on Saturday narrated how they secured their release. The family members who spoke to PREMIUM […]
“… the fault, dear Brutus, is not in our stars, but in ourselves.” Shakespeare Another election cycle is upon us and my heart bleeds for my beloved Adamawa State. My heart bleeds because the politicians, […]
Nigeria like the Ostrich is yet to understand that lost opportunities are lost opportunities indeed…Ena E. Orugbo. The world was dazzled by the grandeur of Singapore as Kim Jong-Un, Leader of North Korea took a […]
Chimamanda Ngozi Adichie, Nigerian author, has expressed how saddened she felt about the backlash her question to Hillary Clinton, an American politician, generated on social media, particularly among Nigerians. Speaking to a group of young […]
On Tuesday, President Muhammadu Buhari will speak at the 73rd United Nations General Assembly in New York, his fourth and perhaps final appearance. What will he tell world leaders? Briefing the press about preparations, Foreign […]
As a dispassionate observer of the travails of Mrs. Adeosun over the past weeks and based on the contents of her letter of resignation made public by the Presidency, one could not but be emotionally […]
My take is that Adeosun’s resignation is a great development for our country… The fact that Shittu’s claim is alien to the NYSC Act makes it necessary that he should also tow the path of […]
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