Bassey Udo is PREMIUM TIMES' Business & Economy Editor. He has covered finance, energy, oil, gas & extractive industries for over a decade. He is a winner of the Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. Bassey is an alumnus of the U.S. International Visitors Leadership Programme. Twitter: @ba_udo

Posts by Bassey:

Bankers Committee plans cheaper funds for Nigerian SMEs

CBN assures that new lower denomination currencies would soon be in circulation for easier transactions. (more…)

EU, Sweden provide N17.9bn grant to ECOWAS

The EU wants to help restore normalcy to Mali. (more…)

Christopher Kolade, SURE-P boss, has not resigned- spokesperson

Mr. Kolade has not resigned, his spokesperson said to PREMIUM TIMES. (more…)

EU committed to balanced trade agreement with ECOWAS

EU says a balanced ECOWAS-EU partnership trade agreement would increase the economic ties between the two regions. (more…)

How Rusal crippled ALSCON with dubious N22billion loan

The Russian firm which should inject life into ALSCON is turning out to fritter its resources. (more…)

MEND claims it killed 15 police officers in Bayelsa boat attack

MEND appears to make good its threat to resume attacks. The Movement for the Emancipation of the Niger Delta, MEND, the umbrella body of armed groups in Nigeria’s Niger Delta said it was responsible for the deaths of police officers killed in a boat ambush in Bayelsa state. The police…

FIRS, JTB propose new tax regime for Nigeria

The new tax regime is fashioned to ensure that taxpayers in the informal sector are drawn into the tax system. (more…)

MEND threatens to resume attacks in Niger Delta on Friday

The militant group is angered by the jailing of Henry Okah in South Africa. (more…)

NCP inaugurates transition committees for 15 PHCN successor companies

The committees have been charged to ensure the smooth handover of successor companies. (more…)

ALSCON workers, host communities protest RUSAL’s sack of 475 Nigerians

The aggrieved workers accuse RUSAL of ignoring a MoU between them and the company. (more…)

Loans, grants sought by Nigeria top FEC agenda

The weekly FEC meeting will hold in Abua on Wednesday. (more…)

Jumoke Akinjide

FCTA to overhaul public healthcare facilities in Abuja

Abuja administration collaborates with a U.S. organization to enhance health care service. (more…)

Nigerian government may approve permanent voters’ card printing contract at FEC meeting

FEC, at its weekly meeting, will see to the approval of more contract awards. (more…)

BPE gives Korean firm deadline to pay N63.95bn for Egbin Power plant

The company had paid $28million, being the initial payment of 10 per cent of the bid price. (more…)

Atiku, El-Rufai in war of words over controversial Pentascope deal

Former Vice President, Atiku Abubakar and erstwhile minister of the Federal Capital Territory, Nasir El-Rufai, have resurrected the ghost of the  controversial Pentascope deal through which the federal government tried to privatize Nigeria's national telecoms carrier, the Nigerian Telecommunications Limited, NITEL. The two politicians have been throwing verbal missiles at each while…

14 basic facts to understand the ALSCON privatization controversy

The ALSCON privatisation controversy is still on. (more…)

Guinness Nigeria earns accolades for water provision

The Company was recognised at the 2013 Water Awards commemorating the World Water Day in Abuja. (more…)

Breaking News: Imo Deputy Governor impeached

The House of Assembly impeached the Deputy Governor. (more…)

Presidency keeps Nigerians guessing, says no immediate plans to remove petrol subsidy

Presidential spokesman reassures Nigerians. (more…)

World Bank approves $450mn for youth empowerment projects in Nigeria

Anambra, Ekiti, and Bauchi are three of the benefitting states. (more…)

BPE offers Omotosho Power Plant to Chinese investors

The Omotosho Power Plant will now be owned by the China Corporation. (more…)

Africa cannot achieve single currency soon- Sanusi

Mr. Sanusi said 90 per cent of the central bank governors in the region do not believe it would work. (more…)

Lagos ‘terrorists den’ belongs to Bayelsa Government, monarch says

Afenifere has asked the government to look into the traditional ruler's claim. (more…)


MEND threatens ‘hell’ over Okah’s jail as Keyamo condemns judgement

MEND described the sentence as the height of injustice to its region and people. (more…)

Mourinho hints at Chelsea return, rules out City, United

The Real Madrid manager spoke to SunSport. (more…)