The Central Bank of Nigeria (CBN) is “reasonably optimistic” the naira will settle at around 250 to the US dollar, Reuters reports. However, the bank projects that there will be an initial period of weakness […]
Musiliu Obanikoro served as Nigeria’s Minister of State for Foreign Affairs in the immediate-past administration of Goodluck Jonathan. In this exclusive interview with PREMIUM TIMES’ Samuel Ogundipe, Mr. Obanikoro, a one-term senator and former Minister […]
The Central Bank of Nigeria said it is targeting a total of one million jobs through its Youth Entrepreneurship Development Programme. The Director, Development Finance Department, CBN, Mr Mudashiru Olaitan, said this on Thursday while […]
The United States government has raised serious allegations of sexual misconduct and attempted rape against Nigerian lawmakers. The U.S. ambassador to Nigeria, James Entwistle, made the allegation in a letter sent to the Speaker of […]
The Central Bank of Nigeria (CBN) has finally released the guidelines of the new foreign exchange policy earlier announced on Wednesday. Godwin Emefiele, the CBN governor, announced the new policy on Wednesday, releasing the naira […]
The Bunyadi restaurant, London’s first and only naked restaurant, on Saturday opened its doors to its first customers. Prior to the opening, the restaurant boasted of a waiting list of 46,000 customers.
If you remember Sir Rider Haggard’s novel, you will remember the eponymous protagonist, a most beautiful, wilful monarch, “She,” who must always be obeyed. Well, diminutive Dr. Chris Ngige, the Minister of Labour and Employment, […]
In the sleepy town of Ibeshe in Ikorodu, Lagos, women have become endangered species. No woman is safe in the community. Whether young or old; married or spinster, they have become game for a man […]
The Peoples Democratic Party currently cuts the image of the most abominable slice of the Nigerian politician. Incurably selfish, egoistic and deficient in graciousness, top members of the PDP had in the past couple of […]
The federal government has announced that it is giving the financially insolvent states fresh bailout loans of N90 billion. It will be the third time in less than a year that the Buhari APC federal […]
I overheard a lady saying to her colleague that she prefers Jonathan’s corruption to Buhari’s change. Needless to say I was sad and felt very bad that this lady does not understand what the present […]
It is a testimony to his stature that, ahead of his 70th birthday today, Professor Femi Osofisan was early in the year named as the winner of the 2016 Thalia Prize of the International Association of […]
It has been said from times immemorial that the truth is bitter. In terms of the cause of poor electricity supply ravaging the nation nowadays, that fact was brought home vividly by a statement issued […]
Although the struggle to halt the ecological degradation and wanton appropriation of the oil resources of the Niger Delta has resulted in the gristly end of agitators like Isaac Boro and Ken Saro-Wiwa at the […]
June 8, 1998. It was the day the tyrant fell, cut down by the great leveler; humbled by the eternal satirical truth that cannot be hindered by the flourish of the bayonet or dissuaded by […]
The Nigeria Labour Congress (NLC) yesterday threatened to shut the six banks that sacked their workers. The umbrella union gave the affected banks two weeks’ ultimatum to recall the sacked workers and allow unionisation. The […]
The leadership crisis rocking the Peoples Democratic Party (PDP) escalated yesterday as an army of angry youths stormed the party’s headquarters. Armed with placards and leafy tree branches, the youths, who arrived at the secretariat […]
The trial of businessman, Chief Raymond Dokpesi, and his firm, Daar Holding and Investment Limited, was again stalled before a Federal High Court in Abuja on Wednesday due to the absence of the prosecuting counsel, […]
Business and social activities came to a halt at Owerri, the Imo State capital, on Wednesday as hundreds of aged retirees defied the early morning downpour to protest against the non-payment of their pensions. The […]
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