News

The UN Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, says the food economy in the West Africa and Sahel sub-region is projected to reach 480 billion dollars in 2030. Schmale said this at the […]

Stakeholders in the downstream segment of the oil and gas sector as well as some members of the private sector have projected that the country’s spending on subsidy may exceed the N3 trillion appropriated for […]

Rising energy costs both in electricity and fuel segments, geopolitical tension and fiscal indiscipline have triggered fresh concern over fast-rising prices even as headline inflation rose marginally to 15.7 per cent in February, 0.1 per […]

Parents, undergraduates and other stakeholders have voiced their disappointment as the Academic Staff Union of Universities (ASUU) extended its ongoing strike by two months. The aggrieved teachers had on February 14 declared a one-month warning […]

The Central Bank of Nigeria (CBN) has commenced a grand plan to wean deposit money banks (DMBs) off the historical risk and cost of cash management, a new document issued by the regulator has revealed. […]

If the projection of the World Bank is anything to take seriously, Nigerian businesses may have lost nothing less than $232 billion (N96.4 trillion) in the last eight years that the Federal Government and operators […]

The Academic Staff Union of Universities (ASUU) has officially extended its ongoing warning strike by eight weeks. The decision was reached after a meeting of the union’s national executive council (NEC) on Monday morning at […]

The Lagos state police command says Williams Tadule, the dispatch rider allegedly caught with a 10-month-old child inside a delivery box did not kidnap the child. On Saturday, an undated video where a dispatch rider […]

Two four-year-olds, Wasiu Dauda and Alimeen Ibrahim, have been abducted in the Ijesha area of Lagos. Seun Funmilayo, a relative of one of the mothers of the victims, told PREMIUM TIMES on Saturday that the […]

Buba Marwa, chairman of the National Drug Law Enforcement Agency (NDLEA), has charged officers of the agency to avoid enticement from drug barons. According to a statement issued on Saturday by Femi Babafemi, NDLEA spokesman, […]

Zainab Ahmed, minister of finance, says the federal government has removed the subsidy on electricity tariff. She also hinted at government’s plans to remove subsidy on petrol. Ahmed said this at a virtual meeting of […]

The Federal Competition Consumer Protection Commission, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force, on Friday, raided some illegal financial institutions […]

Fawning, mediocre, comical, utterly unserious, and chronically thieving politicians. Boring, uncreative, cynical bureaucrats and scandalously sycophantic political aides in hypocrisy-draped corridors of power. Unscrupulous, notoriously unethical newspaper publishers and media barons who are also ruthless […]

Moscow on Friday said it was opening a criminal case against Meta for “calling for the murder” of Russians, saying the parent company of Facebook and Instagram had relaxed rules on violent messages aimed at […]

NEWLY installed Olubadan of Ibadanland, Oba (Dr) Olalekan Balogun, on Friday, assured that he would not let down the people of Ibadanland and Nigeria in general. The monarch made the pledge in his first public […]

Deposit Money Banks (DMBs) have announced temporary suspension of overseas Automated Teller Machine (ATM) card services and Point of Sale (PoS) transactions. The banks’ decision followed consistent dollar scarcity and challenges faced by manufacturers and […]