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Amidst the upcoming Eid-El-Kabir festival, ram sellers in Badagry, Lagos State, are grappling with sluggish sales as costs increase to as much as N750,000 for a large ram. This is according to a report by […]

The International Monetary Fund (IMF) has explained why it advised Nigeria to remove fuel subsidies, adding that the subsidy regime was robbing the poor for the rich. The Director of the African Department of the […]

The National Bureau of Statistics (NBS) said the average price of 5kg of cooking gas increased from N4,115.32 recorded in August 2023 to N4,189.96 in September 2023. This is contained in the Bureau’s “Cooking Gas […]

Steady free-fall of the naira value to dollar has registered new odd records in the air transport sector, with aviation fuel now almost N1000/litre and operators cum travel agencies in a pricing dilemma. Across both […]

The Lagos State Government, on Friday, announced that the ever-busy Third Mainland Bridge will be closed for two consecutive Sundays. The closure commences from Sunday 17th and Sunday 24th September, 2023, 7.00am to 7.00pm each […]

The Federal Government on Thursday tackled Edo State Governor Godwin Obaseki over his comments that the removal of fuel subsidy and foreign exchange reforms of the President Bola Tinubu’s administration has led to increased hardship […]

The national dailies are swamped with reports on the ministerial list unveiled by the national assembly on Thursday. On the international scene, the ongoing coup in the Republic of Niger has elicited reactions from institutions and […]

Twitter Inc., the micro-blogging platform, has unveiled a new logo, ending the use of the famous blue bird symbol in the 17-years history of the company. The new logo is a white ‘X’ symbol on […]

Enough is Enough (EiE) Nigeria, a civil society organisation, will engage citizens on the impact of petrol subsidy removal in its next Twitter Space conversation. EiE’s ‘Thursday Talks’ is a monthly conversation on Twitter with […]

For over eight years, since I started writing a weekly column in this newspaper in 2014, I repeatedly called for the abolition of the fuel subsidy. It distorted the economy and fed massive corruption. So, […]

The Department of Security Services (DSS) has charged the suspended Governor of the Central Bank of Nigeria (CBN) to court Godwin Emefiele. DSS spokesman Peter Afunanya confirmed that the decision to charge Emefiele was in […]

The Federal Government met with officials of Deposit Money Banks and other related institutions in Abuja, on Tuesday, to plan for the production of functional three-in-one identity cards for older citizens across the country. Speaking […]

Here are the seven top business stories you need to track this week — June 26 to July 30. ELECTRICITY TARIFF HIKE The federal government recently announced a possible increase in electricity tariff by 40 […]

The removal of petroleum subsidy must not worsen poverty in Nigeria, Isa Sanusi, acting director for Amnesty International Nigeria, has said. Mr Sanusi disclosed this in a statement sent to PREMIUM TIMES Thursday afternoon. He […]

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said subsidy removal is very important to Nigeria economy. IPMAN spokesperson Yakubu Suleiman on Channels Television’s Sunrise Dailyprogramme on Wednesday said the move is the only […]

Alhaji Bello Matawalle, outgoing governor of Zamfara state, recently filed a petition in the Court of Public Opinion regarding his face-off with the Economic and Financial Crimes Commission (EFCC) and its chairman, Mr Abdulrasheed Bawa. […]

The Nigeria Immigration Service (NIS) has named the policies of the Central Bank of Nigeria (CBN) as one of the reasons for the scarcity of passport booklets In the country. The Comptroller-General of NIS, Idris […]