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EXPLAINER: Rug Pull Scam In Web3 and How To Avoid It

January 15, 2025 Omoniyi Osadare 0

In the largely unregulated expanse of web3, a decentralised internet ecosystem built on blockchain technology, which digital assets like cryptocurrencies are part of, a sinister phenomenon termed rug pulling has emerged. This scam has already […]

News

GHL: We Don’t Owe First Bank $225m

January 15, 2025 Omoniyi Osadare 0

In the past few days, the media has been flooded with various narratives on the oilfield dispute between General Hydrocarbons Ltd and the First Bank of Nigeria. General Hydrocarbons has provided clarifications on the matter. […]

News

Tinubu Appoints Adekaiyaoja As First Female Deputy DG of DSS

January 15, 2025 Omoniyi Osadare 0

President Bola Tinubu has approved the appointment of Folashade Adekaiyaoja as deputy director-general of the Department of State Services (DSS). Adekaiyaoja, who hails from Kogi state, is the first female operative of the DSS to […]

News

Road To $1tr Economy: Nigeria Toes EU’s Path, Integrates $146b Shadow Economy In GDP Plan

January 13, 2025 Omoniyi Osadare 0

Reminiscing Lagos abortion law controversy and Jonathan’s childbirth control, the country may be on a collision course with multiple religious and cultural institutions as well as humanitarian organisations in the coming months unless it prevails […]

News

How Jimmy Carter Stuck Out His Neck In Persuading Abacha To Release Me From Prison – Obasanjo

January 13, 2025 Omoniyi Osadare 0

Former Nigerian President, Chief Olusegun Obasanjo, on Sunday, recalled how late former U.S. President, Jimmy Carter stuck out his neck to save his life by seeking his release from prison under the late Head of […]

News

Telecom Tariff Hike: NCC, Stakeholders, Consumers Meet 2pm In Abuja

January 9, 2025 Omoniyi Osadare 0

The Nigerian Telecommunications Commission (NCC) has arranged a stakeholders meeting in Abuja over the issue of a 100 per cent hike from the service providers. The meeting is expected to bring groups and consumers of […]

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Nigeria’s Military Drops In Global Ranking For 3rd Consecutive Year

January 9, 2025 Omoniyi Osadare 0

Nigeria Armed Forces’ annual ranking in the 2024 Global Firepower (GFP) has dropped to 39th, marking the third consecutive decline after being ranked 36th in 2023 and 35th in 2022. The country’s army failed to […]

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Terrorists Attack Kebbi Community, Kill Two Police Officers, Rustle Cattle

January 8, 2025 Omoniyi Osadare 0

Terrorists invaded Natsini, a community in Argungun Local Government Area of Kebbi State, on Thursday night killing two police officers and rustling nearly 200 cattle. Hamza Shuaibu, a resident of the community, told PREMIUM TIMES […]

News

Opposition Kicks As FG Plans N55bn For Presidential Fleet Maintenance

January 8, 2025 Omoniyi Osadare 0

The Peoples Democratic Party and the Labour Party have kicked against the N55bn allocated in the 2025 budget for the maintenance of the presidential fleet. This is contained in the 2025 Appropriation Bill sent to […]

News

Chinese Bank Approves $254m Loan For Kano-Kaduna Railway Project

January 8, 2025 Omoniyi Osadare 0

The China Development Bank (CDB) has granted a loan of $254.76 million for the construction of the Kano-Kaduna railway project in Nigeria. In a statement on Tuesday, the bank said the funding is expected to […]

News

Northern Elders Calls For Suspension of Tax Reform Bills

January 5, 2025 Omoniyi Osadare 0

The Northern Elders’ Forum (NEF), on Saturday, raised concerns over the Federal Government’s proposed Tax Reform Bills, urging immediate suspension of their implementation. The forum criticised the government for failing to engage critical stakeholders and […]

News

Election Will Hold In ALL 20 LGAs, 37 LCDAs In 2025, Says Lagos APC Chair

January 2, 2025 Omoniyi Osadare 0

Cornelius Ojelabi, chairman of the All Progressives Congress (APC) in Lagos, says elections will hold in the existing 20 local governments and 37 local council development areas (LCDAs) in the state next year. The 37 […]

News

New Refineries: NNPCL May Cut Crude Supply To Dangote Plant

January 2, 2025 Omoniyi Osadare 0

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s oil output, […]

News

Nigeria-Niger Border Towns Live In Fear Over Brewing Row

January 2, 2025 Omoniyi Osadare 0

•Communities in border states plead for peaceful resolution, debunk Niger leader’s claim of French troops in Nigeria Some residents of communities in some states that share border with Niger Republic have expressed fears over the […]

News

States Spend More Than Earned, May Continue Reliance On FAAC Income

December 30, 2024 Omoniyi Osadare 0

Seven states recorded negative growth in their internally generated revenues (IGRs) last year just as 80 per cent of the earned income of 21 others came from the federation account in the face of rising […]

News

FG Workers Face Gloomy Christmas Over Delayed Dec Salaries

December 25, 2024 Omoniyi Osadare 0

Civil servants under the employment of the Federal Government are facing a low-key Christmas celebrations following the delay in payment of their December 2024 salaries. The PUNCH also learnt that federal workers suffered delayed salaries […]

News

Lagos Seals Coca-Cola, FrieslandCampina, Guinness Factories Over Regulatory Non-Compliance

December 25, 2024 Omoniyi Osadare 0

The Lagos State Water Regulatory Commission (LASWARCO) has sealed the factories belonging to Coca-Cola Hellenic Bottling Company, FrieslandCampina WAMCO, and Guinness Nigeria for extracting groundwater for commercial purposes without proper authorisation. Speaking on Tuesday in […]

News

TIMELINE: Immigration Recruitment Fiasco, Ilorin Sallah Tragedy — How Stampedes Have Led To Deaths In Nigeria

December 22, 2024 Omoniyi Osadare 0

Over the years, many Nigerians have tragically lost their lives in preventable stampedes. Shoddy planning, poor organisation, impatience, desperation, and other factors have contributed to these avoidable disasters in large gatherings. Innocent lives have been […]

News

Buhari Didn’t Remove Petrol Subsidy Because He’s a Friend of The Poor – Femi Adesina

December 19, 2024 Omoniyi Osadare 0

Femi Adesina, former spokesperson to ex-President Muhammadu Buhari, has stated that his principal refrained from removing the petrol subsidy during his administration out of concern for its impact on “ordinary” Nigerians. In a tribute marking […]

News

Dangote Refinery Reduces Petrol Price To ₦899.50 Per Litre

December 19, 2024 Omoniyi Osadare 0

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of its premium motor spirit (PMS), commonly known as petrol, to ₦899.50 per litre. Anthony Chiejina, Group Chief Branding and Communications Officer of the […]

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