Bassey Udo, Business & Economy Editor, PREMIUM TIMES, is a 2005 graduate of Communication Arts, University of Uyo & holder of the 1999 Masters of International Law & Diplomacy degree, University of Lagos. Udo, a serial award winning investigative finance, energy, oil, gas & extractive industries reporter, was the Co-winners of the 2013 Wole Soyinka Award for Investigative Journalism; a runner –up certificate for the 2014 edition & special recognition for impact reporting in the 2015 edition of the award. He is Thomson Reuters Foundation ‘Wealth of Nations’ Award recipient for Business Reporting & Distinguished Alumnus, U.S. International Visitors Leadership Programme (IVLP) 2017.

Posts by Bassey:

Timipriye sylva house efcc sealed

Bayelsa discrediting Sylva to cover poor performance – group

Some Niger Delta elders say Timipre Sylva was a good leader. (more…)

FEC approves three new federal universities for Yobe, Kebbi, Zamfara

The target is to have at least one federal university in every State in Nigeria. (more…)


Bank customers get Feb 1 deadline to comply with money laundering law

Most businesses in Nigeria are designated non-financial institutions and will have to register with the Special Control Unit Against Money Laundering. (more…)

Jonathan to assess performance of four ministers today

Deliberations at Wednesday's meeting of the Executive Council of the Federation, otherwise known as FEC, are likely to centre on the appraisal of  how well four ministers have delivered on their mandates. The exercise, which commenced late last year with presentations from two ministers - Stella Oduah of the Ministry…

Nigeria set to pay N94bn subsidy to 23 petrol marketers

Finance Minister refuted allegations that her ministry is blocking verified payment to marketers. (more…)

President Goodluck Jonathan

President Jonathan lies again, TCN faults power generation claims

“Now, we are generating more than 5,000MW,” another false statement by President Jonathan? (more…)

Obasanjo, Gusau, Imoke, six others behind ALSCON privatisation imbroglio

The ALSCON controversy cannot be explained without mentioning the nine names (more…)

ANALYSIS: UC RUSAL’s serial fraud, lawlessness in ALSCON

UC RUSAL has brazenly disobeyed Nigeria’s legal system to the chagrin of Nigerians. (more…)

Russian firm, UC RUSAL, defies Supreme Court’s order on ALSCON

The Russian firm said it could not accommodate the inspection team set up by the government on ALSCON. (more…)

Government grants foreign scholarships to 101 First class graduates

The federal government awarded scholarships to first class students that will see them study abroad. (more…)

Nigerian-American consortium, BFIG, wins 8-year legal battle to recover ALSCON from Russian firm, UC Rusal

The Supreme Court on Friday ruled that BFIGroup, the Nigerian-American consortium that emerged the preferred bidder for the Aluminium Smelter Company of Nigeria (ALSCON, Ikot Abasi, Akwa Ibom State, in 2004, but was disqualified in controversial circumstances by the Bureau of Public Enterprises (BPE), was the valid winner of the…

At Democracy Day church service, Jonathan, ministers, decline to say "amen" to prayer against corruption

President Goodluck Jonathan, governors, ministers and top government officials on Sunday failed to demonstrate public commitment to the fight against corruption. At the interdenominational church service held at the Ecumenical Centre, Abuja, to commemorate the 2012 National Democracy Day, the guest preacher and immediate past Prelate of the Anglican Church…