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Home2024July

Month: July 2024

News

NBS: Petrol Price Increased To N750.17 Per Litre In June — Up By 37% In One Year

July 18, 2024 Omoniyi Osadare 0

The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased to N750.17 in June — up from the N545.83 recorded in the same month last year. This signifies […]

News

Diesel Price Increased To N1,462 Per Litre In June, Says NBS

July 18, 2024 Omoniyi Osadare 0

The National Bureau of Statistics (NBS) says the average price of automotive gas oil (AGO), also known as diesel, was N1,462.98 per litre in June. In its automotive gas oil (diesel) price watch for June […]

News

FG, States, LGs Share N1.4trn For June

July 18, 2024 Omoniyi Osadare 0

The distributable revenue comprised statutory revenue of N 142.5 billion, distributable Value Added Tax (VAT) revenue of N523.973 billion, Electronic Money Transfer Levy (EMTL) revenue of N15.692 billion, Exchange Difference revenue of N472.192 billion and […]

News

Minimum Wage: Labour Threatens 30-day Strike, Alleges Plan To Decentralise Talks

July 17, 2024 Omoniyi Osadare 0

The Nigeria Labour Congress, on Tuesday, threatened to shut down the country for a month in protest against plans by the National Assembly to deregulate the national minimum wage. NLC’s threat came as the nation […]

Editorial

Punch: Bribery Still Thriving in Nigeria

July 17, 2024 Omoniyi Osadare 0

A new report by the National Bureau of Statistics and the UNODC on corruption in Nigeria cements the country’s soiled reputation as a place of sleaze. Entitled ‘Corruption in Nigeria: Patterns and Trends,’ it revealed […]

News

FG’s Policies Crippling Businesses — NECA, MAN, NACCIMA

July 17, 2024 Omoniyi Osadare 0

LAGOS — The Nigeria Employers’ Consultative Association, NECA, Manufacturers Association of Nigeria, MAN, and the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture, NACCIMA, have blamed hastily implemented government policy shifts without corresponding […]

News

Applicants Decry N640,000 UAE Visa Fee Hike

July 17, 2024 Omoniyi Osadare 0

Following the lifting of the visa ban on Nigeria, the United Arab Emirates Government has increased its visa fee by over 300 per cent, which has been condemned by air travellers in the country. Expressing […]

News

Lokpobiri To Abacha’s Son: I Won’t Join Issues With Your Family — Oil Blocks Belong To FG

July 15, 2024 Omoniyi Osadare 0

Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria has sovereign rights over the oil prospecting licence (OPL) 245 oil block. Speaking at a press briefing on July 12, Lokpobiri said all oil […]

News

PREMIUMTIMES EXCLUSIVE: National Assembly Pressured Nigerian Govt To Sign Samoa Agreement

July 15, 2024 Omoniyi Osadare 0

The National Assembly lobbied the Nigerian government to sign the Samoa Agreement, PREMIUM TIMES can report. This newspaper obtained a letter from the National Assembly to the Minister of Budget and National Planning, Atiku Bagudu, […]

World

FBI Names Man Who Tried To Kill Trump

July 15, 2024 Omoniyi Osadare 0

The US Federal Bureau of Investigation (FBI) has named the man who shot ex-President Donald Trump as Matthew Crooks. Mr Crooks, 20, was shot dead after he shot at the Republican presidential nominee during a […]

News

Why LG Autonomy Can’t Work — Fayose

July 15, 2024 Omoniyi Osadare 0

Former Ekiti State Governor, Ayo Fayose, has expressed concern over Thursday’s Supreme Court judgment affirming local governments’ right to receive monthly allocations directly from the federation account. The chieftain of the Peoples Democratic Party emphasised […]

Politics

APC Begins Moves To De-Marginalise Igbos – Ganduje

July 15, 2024 Omoniyi Osadare 0

The National Chairman of the All Progressives Congress (APC), Alhaji Abdulahi Ganduje, has said the party has initiated moves to de-marginalise Igbos to place them in the limelight of national politics. Ganduje asserted on Sunday […]

News

Trump Assassination Attempt: Tinubu, World Leaders Call Shooting Distasteful

July 15, 2024 Omoniyi Osadare 0

President Bola Ahmed Tinubu joined other world leaders yesterday to condemn the assassination attempt on former US president Donald Trump at an election rally. Tinubu, in a statement on his verified X handle, described the […]

News

Autonomy: Don’t Become Appendages of FG, Afenifere Warns LGs

July 15, 2024 Omoniyi Osadare 0

THE pan-Yoruba socio-cultural organization, Afenifere, yesterday, advised the 774 local government areas across the country not to make themselves appendages of the Federal Government as a result of the financial autonomy granted them by the […]

News

Consumer Spending Down As Nigerians Remain Gloomy On Economy

July 15, 2024 Omoniyi Osadare 0

The increasing weight of unfavourable economic condition owing to weakening purchasing power has moved Nigerians into a state of hopelessness over the direction of the economy. Also, the widespread cut in spending by Nigerians in […]

News

Amidst Criticism, Nigeria Police Suspend Enforcement of e-CMR on Vehicle Owners

July 15, 2024 Omoniyi Osadare 0

The Nigerian police have announced the suspension of the enforcement of the controversial e-CMR on vehicle owners. The police had earlier announced that the enforcement would commence on 29th July which would have led to […]

Editorial

EDITORIAL: Lessons From Kenya’s Tax Hike Uprising

July 15, 2024 Omoniyi Osadare 0

A raft of fiscal reforms by President William Ruto of Kenya, aimed at increasing the country’s revenue to address its mounting fiscal challenges, has got the East African nation rumbling since last month. A Finance […]

Editorial

Guardian (NG): Tinubu’s Economic Stimulus Package

July 9, 2024 Omoniyi Osadare 0

President Bola Tinubu moved in a big way with his Economic Stabilisation Programme, ESP, last week Thursday, July 4, 2024, applying a massive N2 trillion jab into the veins of our sagging economy, with a […]

News

Why FG Plans To Relocate Correctional Centres – Minister

July 9, 2024 Omoniyi Osadare 0

Minister of Interior, Olubunmi Tunji-Ojo, says the federal government is considering relocating some correctional facilities from their present locations in urban areas. He said this was because urbanisation has eaten deep into the setbacks that […]

News

NGX Suspends Unity Bank, Seven Others’ Shares

July 9, 2024 Omoniyi Osadare 0

NGX Regulation, the regulatory arm of the NGX Group, has suspended trading in the shares of eight companies for default in filing their relevant accounts for 2023. In a market bulletin on Monday, the Head […]

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