Olawoyin Oladeinde

Posts by Olawoyin Oladeinde:

President Muhammadu Buhari at his office

Nigerians praying for Buhari’s recovery – Femi Adesina

The spokesperson to President Muhammadu Buhari, Femi Adesina, has said that Nigerians are praying for the full recovery of the president. Mr. Adesina, who said this on Friday, noted that those calling for the resignation of the president are merely expressing their opinions. He spoke during an interactive session with…

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Women are more vulnerable to depression – Psychiatrist

A Consultant Psychiatrist at the Federal Neuropsychiatric Hospital, Lagos, Taiwo Oduguwa, has said that more women are affected by depression than men. Mrs. Oduguwa made this known during the annual Ummahat Day organised by the Sisters’ Circle of the Muslim Students’ Society of Nigeria, Lagos State Area Unit. The programme,…

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I did not betray anyone’s confidence in my new book – Olusegun Adeniyi

A former presidential spokesperson, Olusegun Adeniyi, has said that he never betrayed the confidence of all parties interviewed in his new book, Against The Run of Play. Mr. Adeniyi said this, Friday morning, while delivering his speech at the launch of the book, holding at Victoria Island, Lagos. The book,…

Lagos State governor, Akinwumi Ambode

Lagos is Nigeria’s most indebted state with highest domestic, foreign debts

Lagos State, which has the highest domestic debt among all 36 states, also has the highest foreign debt as at December 31, 2016, according to official figures. Other states with high foreign debts include Kaduna, Edo, Cross River and Ogun, the Debt Management Office, DMO, said. A document obtained from…

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Trailer crushes okada rider to death in Lagos

A commercial motorcyclist was, Thursday, crushed to death by a heavy duty truck in Lagos. The incident occurred at about 9.25 a.m. around Daleko area along the Mushin-Isolo Road, Lagos, PREMIUM TIMES gathered. A witness account has it that the passenger on the motorcycle, popularly called okada, was dragged from…

Richard Quest beats NSE closing gong

Richard Quest beats NSE closing gong

Renown business journalist, Richard Quest, Thursday, beat the closing gong at the Nigeria Stock Exchange, NSE. The event, which held at the 9th floor of the Exchange House, began at exactly 2:25 p.m. Mr. Quest, CNN International anchor and reporter, who arrived Lagos earlier in the week, is in Nigeria…

Trailer crushes Okada rider to death in Lagos

Trailer crushes okada rider to death in Lagos

A commercial motorcyclist was, Thursday, crushed to death by a heavy duty truck in Lagos. The incident occurred at about 9.25 a.m. around Daleko area along the Mushin-Isolo Road, Lagos, PREMIUM TIMES gathered. A witness account has it that the passenger on the motorcycle, popularly called okada, was dragged from…

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Building collapses in Lagos

A part of an uncompleted building collapsed on Thursday afternoon in Lagos, PREMIUM TIMES can report. Sources said the incident occurred at NICON Town Estate, off Admiralty way, Lekki. PREMIUM TIMES gathered that some of the people around the building when it collapsed sustained various degrees of injuries. When contacted,…

Murtala Muhammed International Airport, Lagos

‎NCAA cautions pilots, airlines on severe thunderstorms

The Nigerian Civil Aviation Authority, NCAA, Wednesday, cautioned pilots, airline operators and Air Traffic Controllers on the danger associated with severe thunderstorms. A statement signed by Sam Adurogboye, NCAA spokesperson, said the caution is based on the year 2017 Seasonal Rainfall Prediction, SRP, by the Nigerian Meteorological Agency, NiMet. These…

Journalist interviewing someone

Again, Nigeria’s ranking drops on international press freedom index

Amid growing concern over press freedom, Nigeria yet again recorded a fall on the international press freedom index on Wednesday. According to the Press Freedom Index, released Wednesday by Reporters Without Borders, RWB, Nigeria ranked 122 out of 180 countries examined. Norway, the report said, remains the country with the…

Godwin Emefiele

Nigeria should be out of recession by third quarter – CBN Governor

With the various economic policies put in place by the Nigerian government, the country should be out of recession by the third quarter of the year, an official has said. The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, made this known after meeting with the leadership of…

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Filling station on fire‎ in Lagos

A Total filling station at Ikosi-ketu area of Lagos is currently being razed by fire, PREMIUM TIMES can report. Sources who spoke with this newspaper said the fire started in the early hours of Wednesday. When contacted, an official of the Lagos emergency agency confirmed the incident. "Our men are…

electric cables

Discos need N100 billion to improve electricity supply – Official

The Association of Electricity Distribution Companies, ANED, says it needs the N100 billion subsidy promised it by the Nigerian government to improve the nation's power situation. In a statement on Monday by Sunny Oduntan, the executive director of the association, ANED urged the government to inject funds into the transmission…

Man who fell into the well

Man rescued alive from 160ft well

Tragedy was averted Tuesday morning when a 45-year old man was evacuated from a well. PREMIUM TIMES gathered that the incident occurred around 6.35 a.m. at No. 38 Kujore Street Ojota, Lagos. Sources said the man, whose name is still unknown as at press time, was found inside the 160ft…

Nigerian Warship (Photo:THISDAYLIVE)

‎Buhari pledges to rid Nigerian waters of pirates

President Muhammadu Buhari has reiterated the commitment of the Nigerian government to rid the nation's waters of pirates and their nefarious activities. Mr. Buhari made this known at a workshop organised by the Association of African Maritime Administrations (AAMA) for the Heads of Maritime Administrations. According to a communique issued…

Charles Soludo

‎Eliminate multiple exchange rates, Soludo tells Central Bank of Nigeria

A former Governor of the Central Bank of Nigeria, CBN, Chukwuma Soludo, has charged the apex bank to reduce the difference between the official and parallel market exchange rates of the Naira to between three to five per cent. Mr. Soludo, who spoke as a guest at an Economic Discourse…

Tanker Explosion in Lagos

Tanker explodes in Lagos

A 33,000 litres tanker fully laden with diesel has crashed on a car in Lagos, leading to a fire outbreak. Sources said the tanker crashed on the BMW Car with registration number (LSD 462 CZ) while driving inward Ladipo area, Oshodi-Apapa expressway, Lagos. PREMIUM TIMES gathered that the tanker, with…

Nigerian Police

Police rescue man found with human parts from angry mob

A suspected ritualist was, Sunday, caught with human parts at Adewole area of Ilorin, the Kwara State capital. PREMIUM TIMES gathered that the yet-to-be-identified man, suspected to be a dealer in human parts, was beaten by an angry mob on being caught. Sources said police officers from the Adewole Police…

Minister of Power, Works & Housing, Mr Babatunde Fashola, SAN (2nd right),Zonal Director North -West, Engr.Busari Olalekan (2nd left), Federal Controller of Works, Kaduna, Engr. Saad Tukur (left), Director Highways, Construction and Rehabilitation, Engr. Femi Oguntominiyi, (right) and others during the Minister's inspection tour of the ongoing Emergency Repairs of Kaduna - Abuja Expressway, Kaduna on Friday 10th, February 2017.

Nigerian govt vows to tackle inflation of project costs in construction sector

The Nigerian government says it is worried over inflation of project costs for pecuniary gains in the construction sector. Babatunde Fashola, Nigeria's Minister of Power , Works and Housing, stated this at the 2017 National Project Cost Reduction Summit organised by the Quantity Surveyors Registration Board of Nigeria. The event,…

Lagos outstanding students

Lagos MSSN honours outstanding students, lambasts state govt

In a bid to encourage academic excellence among students, the Muslim Students’ Society of Nigeria, MSSN, Lagos State Area Unit, has honoured some outstanding students from selected tertiary institutions in the state. The award ceremony was organised to reward students that bagged first class and distinction grades from the University…

Minister of Finance, Kemi Adeosun

Nigeria needs aggressive tax revenue generation to drive growth, says Adeosun

The Minister of Finance, Kemi Adeosun, says Nigeria needs to focus on aggressive tax revenue generation to drive economic growth. A statement signed by Festus Akanbi, Mrs. Adeosun's media aide, said the minister gave the advice during a Finance Ministers ’ meeting convened by the G 24 Group at the…

Sunday Folayan [Photo Credit: THISDAYLIVE]

Only 80,000 internet users adopted Nigeria’s top level domain, NIRA official laments

The Nigeria Internet Registration Association (NIRA) has lamented the poor adoption of the nation's domain, dotng, among Nigerians. Sunday Folayan, President of the association, noted that only 80,000 dotng (.ng) domain names have been registered so far in Nigeria. Mr. Folayan announced the figure during the “NIRA 2017 .ng Awards,…

Dipo Famakinwa [Photo Credit: dawncommission.org]

Ajimobi, Amosun, others mourn Famakinwa

Tributes have continued to pour in for the late Dipo Famakinwa, Director General of the Development Agenda for Western Nigeria (DAWN). Mr. Famakinwa died on Friday morning. Oyo State Governor, Abiola Ajimobi, described the death of the late DAWN official as a loss too much to bear. According to a…

Godwin Emefiele, CBN Governor

CBN to sanction banks hindering SMEs’ access to forex

The Central Bank of Nigeria (CBN) on Friday said it would sanction banks denying Small and Medium Enterprises, SMEs, access to foreign exchange (Forex) from the newly instituted SMEs Forex Window. The apex bank's Acting Director, Corporate Communications, Isaac Okorafor, who disclosed this Friday, said appropriate sanctions are spelt out…

Godwin Emefiele, CBN Governor

CBN rejects IMF’s call on Nigeria to float local currency

The Central Bank of Nigeria (CBN) on Friday rejected calls by the International Monetary Fund (IMF) on Nigeria to float the Naira. CBN's Acting Director, Corporate Communications, Isaac Okorafor, who said this on the sideline of the ongoing IMF/ World Bank Spring Meetings in Washington DC, noted that the Nigerian…