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Canada To Cut Immigration By 20% In 2025

October 25, 2024 Omoniyi Osadare 0

Canada has announced reductions in targets for permanent resident admissions over the next three years as part of plans to cut immigration. Prime Minister Justin Trudeau has repeatedly affirmed that the move is Canada’s efforts […]

News

‘We Are Relieved’ — Binance Reacts As Gambaryan Leaves Nigeria

October 25, 2024 Omoniyi Osadare 0

Richard Teng, the chief executive officer of Binance, a cryptocurrency exchange, says the company is relieved that Tigran Gambaryan, its head of financial crime compliance, has been released from prison by the Nigerian government. In […]

News

No Deadline On Circulation of Old Naira Notes, Says CBN

October 25, 2024 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on December 31, 2024. In a statement on X on Thursday, Sidi Ali, […]

News

Cabinet Reshuffle: Presidency Defends Tinubu As FG Slashes Ministers’ Vehicles, Aides

October 25, 2024 Omoniyi Osadare 0

President Bola Tinubu’s cabinet reshuffle on Wednesday, which had Ogun State reportedly producing four ministers, the highest by a state in the cabinet, has sparked reactions across the country. In a significant cabinet shakeup during […]

News

Oyetola, Adeleke Tango Over Osun’s Bridge Quality

October 24, 2024 Omoniyi Osadare 0

OSOGBO – Former Osun State Governor, Adegboyega Oyetola and his successor, Ademola Adeleke have again locked horns over the integrity of the flyover constructed at Olaiya in the State capital by the former. Governor Adeleke […]

News

Wike: How I Revoked Julius Berger Land After Dinner With The MD

October 22, 2024 Omoniyi Osadare 0

Nyesom Wike, the minister of the federal capital territory (FCT), says he revoked the title of an abandoned land allocated to Julius Berger Nigeria Plc to construct quarters for judges in Abuja. Wike spoke in […]

News

Bobrisky Arrested At Seme Border Trying To Flee Nigeria, Says NIS

October 22, 2024 Omoniyi Osadare 0

The Nigeria Immigration Service (NIS) has confirmed the arrest of crossdresser Bobrisky at the Seme border. Seme border is a settlement in Nigeria on the border with Benin. It is a thirty-minute drive from Badagry […]

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Fuel Import: We’re Settling Out of Court With NNPC, Others — Dangote

October 22, 2024 Omoniyi Osadare 0

ABUJA—Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum […]

News

Fuel Import: Marketers Differ As Dangote Sues NNPCL, Five Others

October 22, 2024 Omoniyi Osadare 0

ABUJA—Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum […]

News

Nigeria Exits Global Watchlist For Non-Compliance As Aviation Sector Rating Rises To 75.5%

October 18, 2024 Omoniyi Osadare 0

Festus Keyamo, minister of aviation and aerospace development, says Nigeria’s score on the Cape Town Convention (CTC) compliance index has been increased from 70.5 percent to 75.5 percent. The CTC compliance index monitors and assesses […]

News

Dangote Doubles Wealth To $27.8bn, Now Only African On World’s Top 100 Richest Persons’ List

October 18, 2024 Omoniyi Osadare 0

Aliko Dangote, the president of the Dangote Industries Limited (DIL), has doubled his wealth to a record $27.8 billion, following the operationalisation of his multibillion-dollar oil refinery. According to the Bloomberg Billionaires Index, Dangote’s net […]

News

NERC: FG Incurred N380bn Electricity Subsidy Bill In Q2 2024 — Down By 40%

October 12, 2024 Omoniyi Osadare 0

Nigerian Electricity Regulatory Commission (NERC) says the federal government incurred an electricity subsidy obligation of N380 billion in the second quarter (Q2) of 2024. The NERC, in its quarterly report released on Friday, said the […]

News

Wike, Bauchi Gov’s Face-off Splits PDP

October 12, 2024 Omoniyi Osadare 0

The crisis rocking the Peoples Democratic Party, which relates to issues in Rivers State and the conflict between the Minister of Federal Capital Territory, Nyesom Wike, and the Bauchi State Governor, Bala Mohammed, has factionalised […]

News

Dangote To Start Crude Production Soon -Report

October 12, 2024 Omoniyi Osadare 0

Amid feedstock challenges, the Dangote Group, owners of the Dangote Refinery, will soon commence crude oil production. According to reports by S&P Global Commodity Insights, the Dangote Group is looking to start production at its […]

News

Access Bank, GTB Hints At ‘Minimal’ Service Disruptions Over Planned System Upgrade

October 10, 2024 Omoniyi Osadare 0

Access Bank says it has rescheduled its system upgrade earlier slated for October 12, noting that customers may experience “minimal” service disruptions. In a notice to customers on Wednesday, the bank said a new date […]

News

‘Nigerians Are Getting Poorer’ — NLC Asks FG To Reverse Petrol Price Hike

October 10, 2024 Omoniyi Osadare 0

The Nigeria Labour Congress (NLC) has asked the federal government to reverse the petrol price hike. On Wednesday, the Nigerian National Petroleum Company (NNPC) Limited increased the price of petrol across its retail outlets. In […]

News

Turkish Airlines Plane Makes Emergency Landing In New York As Pilot Dies Mid-Flight

October 10, 2024 Omoniyi Osadare 0

A Turkish Airlines plane heading to Istanbul made an emergency landing in New York after the captain died on board. The plane took off from Seattle on Wednesday but was forced to divert after İlçehin […]

News

NCC: Starlink Didn’t Get Approval For Subscription Price Hike — We’ll Enforce Law

October 9, 2024 Omoniyi Osadare 0

The Nigerian Communications Commission (NCC) says Starlink, a satellite internet service, did not get regulatory approval before hiking its prices. On October 1, Starlink, owned by Elon Musk, the world’s richest man, announced an increase […]

News

PREMIUMTIMES EXCLUSIVE: What Petrol May Cost Across Nigeria As NNPC Quits Off-Taker Role

October 9, 2024 Omoniyi Osadare 0

Nigerians will soon face an increase in petrol prices due to the Nigerian National Petroleum Company Limited (NNPC Ltd) decision to terminate its exclusive purchase agreement with Dangote Refinery, PREMIUM TIMES has learnt. According to […]

News

Report: Dangote Refinery To Get 400,000 BPD of Nigerian Crude Between October and November

October 8, 2024 Omoniyi Osadare 0

The Dangote Petroleum Refinery is due to receive up to 400,000 barrels per day (bpd) of Nigerian crude over the next two months. According to a Bloomberg report on Monday, the refinery is slated to […]

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