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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 […]

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 […]

News

Naira Weakens To 1,523/$ At Official Market

July 9, 2024 Omoniyi Osadare 0

The naira depreciated at both the official and parallel markets on Monday. At the official, Nigerian Autonomous Foreign Exchange Market, the naira dropped to 1,523.85 per dollar, depreciation from the previous close of 1,509.67 to […]

News

Court Restrains Rivers Chief Judge From Accepting Impeachment Notice Against Fubara

July 9, 2024 Omoniyi Osadare 0

A high court in Rivers state has issued an interim order restraining Simone Chibuzor-Amadi, chief judge of Rivers state, from acting on any resolution or document seeking the impeachment of Siminalayi Fubara, governor of the […]

News

FG Suspends Food Imports Duty, Partners States On Farming

July 9, 2024 Omoniyi Osadare 0

The Federal Government, on Monday, announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising inflation which had impoverished many Nigerians. The government also expressed its decision to […]

News

Zenith Bank Clinches Best Commercial Bank In Nigeria, Retains Best Corporate Governance Award At World Finance 2024 Awards

July 9, 2024 Omoniyi Osadare 0

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, […]

News

21 LGAs in 10 States, Federal Capital Territory Submerged In Flood — FG

July 5, 2024 Omoniyi Osadare 0

ABUJA – THE Federal Government said yesterday no fewer than 21 local government areas in 10 states and the Federal Capital Territory, FCT, have been submerged by flood as a result of torrential rainfall in […]

Business

Nigeria Introduces 7.5% VAT On Crypto Transactions

July 5, 2024 Omoniyi Osadare 0

KuCoin, a cryptocurrency exchange, says it will commence collection of a 7.5 percent value-added tax (VAT) on transaction fees for users in Nigeria. The company said a regulatory update in Nigeria led to KuCoin’s decision […]

News

Keir Starmer To Become Next PM As Labour Wins UK’s General Election

July 5, 2024 Omoniyi Osadare 0

Keir Starmer, the Labour Party candidate, has won the UK general election and will become the next prime minister of the country. Labour has been declared official winner of the poll after reaching the required […]

News

I Take Responsibility, Says Sunak On Party’s Loss

July 5, 2024 Omoniyi Osadare 0

Rishi Sunak, outgoing prime minister of the UK, has apologised to the Conservative Party after Labour won the general election by a landslide. Sunak conceded defeat as the networks called the election for Keir Starmer […]

News

NCAA Suspends 10 Private Jet Operators Over ‘Failure To Undergo Recertification Process’

July 5, 2024 Omoniyi Osadare 0

The Nigerian Civil Aviation Authority (NCAA) says 10 private jet operators have been suspended over failure to undergo a recertification process. On March 14, the NCAA threatened to revoke the operating licences of private jet […]

News

PremiumTimes ANALYSIS: How Nigeria’s House of Reps Fared Under Tajudeen Abbas In One Year

July 2, 2024 Omoniyi Osadare 0

Legislative Agenda: How has the House fared? To properly assess the 10th House of Representatives at the end of its first year, it may be helpful to use the legislative agenda it adopted in November, […]

News

ICYMI: Meta To Start Paying Nigerian Content Creators On Facebook

July 2, 2024 Omoniyi Osadare 0

Speaking on Monday, Meta said the features — which include Facebook in-stream ads and Facebook ads on reels — will allow creators to earn money for creating original videos and building communities. Meta said starting […]

Health

People With Tattoos May End Up With Blood Cancers – Experts

July 2, 2024 Omoniyi Osadare 0

Oncologists and Haematologists have cautioned Nigerians against the new trend of getting tattoos, warning that the art, which is a type of body modification has been linked to an increased risk of blood cancers, particularly […]

News

Dangote Fuel: Marketers Fear High-Priced Petrol Ahead of Supply

July 2, 2024 Omoniyi Osadare 0

As Premium Motor Spirit also known as petrol from the Dangote Petrochemical Refinery hits the local market in two to three weeks, petroleum marketers have expressed the fear that the product’s price may be higher […]

News

Economic Crisis: Slump In Port Operations Puts 40,000 Jobs At Risk — Investigation

July 2, 2024 Omoniyi Osadare 0

LAGOS — A drastic drop in vessel calls into the nation’s ports has plunged operations in the maritime sector into a major crisis as businesses continue to nosedive, following the forex crisis and inflation currently […]

News

NOUN Admission Seekers Now Mandated To Register With JAMB

July 2, 2024 Omoniyi Osadare 0

Individuals seeking to get admitted to the Nigerian Open University of Nigeria and other open distance learning centres are now mandated to register via the Joint Admissions and Matriculations Board, The PUNCH gathered on Monday. […]

News

Konga ex-CEO’s Death: Househelp Reveals Last Conversation With Deceased

July 2, 2024 Omoniyi Osadare 0

LAGOS—The maid of the former Chief Executive Officer of Nigerian e-commerce giant, Konga, the late Nick Imudia (names withheld), has disclosed the last conversation she had with her boss before news of his death was […]

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