ifeoluwa

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AA Rano filling station

Petrol, diesel prices decreased in August – NBS

The average price paid by consumers for petrol and diesel decreased by 2.5 and 0.07 per cent month on month respectively compared to the N148.2 and N197.62 recorded for the previous month. This was revealed in a National Bureau of Statistics, NBS report, released Friday. The average price of petrol…

A boat lays across US 1 after Hurricane Irma in Big Pine Key, Florida, U.S., September 14, 2017. REUTERS/Carlo Allegri

Hurricane Irma death toll reaches 82, 1.5 million without power

Hurricane Irma has caused a total of 82 deaths leaving 1.5 million homes and businesses in Florida without power in scorching heat, five days after the storm ravaged the South-east of the United States. A Reuters report showed that NextEra Energy Inc’s, NEE.N, FPL, Florida’s biggest electric company, Friday, said about 1.1…

ajaokuta steel

Nigeria finally retakes ownership of Ajaokuta steel, Itakpe mining Companies –  Fayemi

Nigeria has recovered ownership of Ajaokuta Steel Company, ASC, and National Iron Ore Mining Company Limited, NIOMCO, Itakpe, following the resolution of a protracted legal dispute. The Minister of Mines and Steel Development, Kayode Fayemi disclosed this on Thursday in Abuja at the maiden meeting of the National Council on Mining and…

National Bureau of Statistics building

Nigeria’s foreign trade increases by 7.7 per cent – NBS

The value of Nigeria’s total foreign trade in goods increased in the second quarter of 2017 by 7.7 per cent compared to the N5.3 billion recorded for the first quarter. This was revealed in a National Bureau of Statistics, NBS report, released Wednesday morning. The monthly external trade value stood at N1.86 trillion…

National Organising Secretary of the All Progressives Congress (APC), Sen Osita Izunaso receiving the report of the three-member APC Appeal Committee for the Party’s Anambra State Governorship Primaries from the Secretary of the Appeal Committee, Dr. Nosa Aladeselu at the APC National Secretariat on Tuesday in Abuja.

APC appeal panel submits findings on Anambra governorship primaries

The All Progressives Congress, APC, appeal panel set up to handle complaints emanating from the party’s Anambra State governorship primaries submitted its report, Tuesday, at the party’s national secretariat in Abuja.  The Anambra State governorship primaries had held on August 26. This information was disclosed in a statement sent to PREMIUM TIMES,…

Photo credit: www.foxnews.com-

Hurricane Irma wreaks havok in Florida

Weather forecasts have shown that the storm which hit Florida on Sunday morning at Category four is currently at the state of a tropical storm. Hurricane Irma, which killed at least 24 people in the Caribbean, has killed one in Florida, a man found dead in his pickup truck, which…

Hurricane Katia hits Mexico's Veracruz State. [Photo credit: The Hindu]

Hurricane Katia hits Mexico’s Veracruz State

A storm, Hurricane Katia, ‎hit the working-class beach resort of Tecolutla in Veracruz on the Mexican Gulf coast,the United States National Hurricane Center, NHC, said, Friday. NHC said the hurricane lost some strength before it landed about 115 miles (185 km) northwest of the port city of Veracruz as a…

Section of the Notore fertiliser plant

NSIA to revamp 20 fertilizer-blending plants by 2018

A total of 20 fertiliser-blending plants will be revamped by September 2018, the Nigeria Sovereign Investment Authority, NSIA has said.   Bloomberg reports show that the authority has revamped 11 fertiliser-blending plants this year, which delivered six million bags of fertiliser at 30 per cent below market prices. This is apparently towards the…

President Muhammadu Buhari

Eid-el-Kabir: Buhari, Atiku, Dogara, Ambode, Mark, others send goodwill messages

President Muhammadu Buhari has urged Nigerians to jettison their differences and push for unity as Muslims mark the celebration of this year’s Eid-El-Kabir. In a statement released by the State House on behalf of the president, Mr. Buhari also congratulated Nigerians who are currently in Saudi Arabia to participate in…

Buhari-Economy [photo credit: www.channelstv.com]

Buhari pleased with economic state of Nigeria

President Muhammadu Buhari says he is pleased with Nigeria's economic situation. The president received briefing from the Minister of Budget and National Planning, Udoma Udoma; the Minister of Finance, Kemi Adeosun, and the governor of the Central Bank of Nigeria, Godwin Emefiele. This was disclosed in a state house press…

Coalition of Northern Groups press conference

UPDATED: Northern youth coalition withdraws quit notice to Igbos

The Coalition of Northern Groups, CNG, that asked Igbos to leave Northern Nigeria on or before October 1 has suspended its quit notice. This was announced by the group’s spokesperson Abdulazeez Suleiman, Thursday, at a press briefing at the Transcorp Hilton hotel in Abuja. “We are pleased to announce the immediate…

President Buhari

INTERVIEW: Why Buhari did not discuss restructuring, healthcare, others in #PresidentialBroadcast – Femi Adesina

In this interview with SUNRISE DAILY, an interactive show on Channels Television, the presidential spokesperson, Femi Adesina, speaks on the President Muhammadu Buhari's  recent return from a protracted medical leave and numerous questions it raised in the polity.  The interview was held after the broadcast by the president on Monday…

Oil spill caused by damaged riser

Shell warns Nigerian protesters risks health hazard at occupied plant

Royal Dutch Shell has warned protesters from the Kula and Belema communities in Rivers State of the hazards they are exposing themselves to as a result of their siege at a Nigerian facility. Reports from AFP news agency indicates that hundreds of protesters from the two communities have occupied the…

Kinky Hair [Photo Credit: beingmelody.com]

Kinky natural hair: How to maintain it without worrying about cost

The natural hair has staged a comeback in Nigeria. Men and women are turning away from chemicals and embracing the beautiful kinky natural hair. The trend returned about three years ago but started to become the rave in 2016, buoyed by social media awareness campaigns, the prominence of natural hair…

Malala Yousafzai,  Pakistani advocate for girls education who was shot in the head by the Taliban in 2012, officially opens The Library of Birmingham in Birmingham, central England, on September 3, 2013. Pakistani activist Malala Yousafzai, shot in the head by a Taliban militant last October after campaigning for girls' right to education, gave an address as she officially opened the new Library of Birmingham.  AFP PHOTO / PAUL ELLIS

Malala gains admission into Oxford University

The Nobel Peace Prize winner, Malala Yousafzai, has gained a place at Oxford University after getting her A-level results. Miss Yousafzai, who lives in Birmingham, confirmed the news in a tweet congratulating all students getting their results, Thursday. “So excited to go to Oxford!! Well done to all A-level students…

The entrance of Wuse Market

#ResumeOrResign: Wuse market reopens after attack on Charly boy, others

The Wuse market in Abuja which was closed after violent protests on Tuesday has been reopened. According to a trader who spoke with PREMIUM TIMES, the market was re-opened at 8 a.m., Wednesday, instead of the usual opening time of 7:30 a.m. with a lot of police officers on standby carrying out security checks.…

NIGERIA-OIL-ENVIRONMENT-CRIME

Chevron, ExxonMobil, 10 others top NEITI compliance ranking

Fourteen companies and government agencies have led the pack among organisations that participated in a ranking conducted by the Nigeria Extractive Industries Transparency Initiative, NEITI, to select firms that fully complied with the guidelines for submission of information and data in the 2015 audit templates. The top companies with a…

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Abuja market shut down amid clashes over Buhari’s absence

The attempt by protesters at the popular Wuse Market in Abuja to urge President Muhammadu Buhari to return to Nigeria or resign on Tuesday resulted in the breakout of an inter-tribal clash. Early Tuesday, members of the movement, #ResumeOrResign, led by popular musician, Charles Oputa, popularly called Charly Boy, were…

IMG_20170815_133832

PHOTO NEWS: Popular Abuja Wuse market deserted after attack on Charly Boy, other #ResumeOrResign protesters

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EFCC operative

EFCC ‘recovers N329 billion debts from nine oil marketers’

The Economic and Financial Crimes Commission, EFCC, said it recovered over N329 billion from nine major oil markets, being debts owed the Nigerian National Petroleum Commission, NNPC, for supply of refined petroleum products. The EFCC's Head of Operations in the North West, Hamisu Dan-Musa, said this in Kano on Tuesday…

Acting President Yemi Osinbajo; Chief of Staff Abba Kyari; Head of Civil Service; Mrs. Winifred Oyo-Ita during the Federal Executive Council Meeting held at the Council Chamber of the State House in Abuja. 26th April 2017. Photo by: Novo Isioro

Economists react to Nigerian govt’s decision to grant tax breaks to 27 industries

Granting tax break to additional 27 industries and products in Nigeria is a right step towards economic recovery, some economists have said. They also described the move as an indication that Nigeria is on course out of economic recession and firmly towards growth. These were the views of some notable…

Acting President Yemi Osinbajo during the swearing ceremony of the new ministers (Alh. Shehu Hassan and Prof. Stephen Ocheni) at FEC meeting, State House, Abuja. 26th July 2017. Photos: NOVO ISIORO.

Nigeria approves 2018-2020 MTEF, sets oil benchmark at $45 per barrel

The Federal Executive Council, FEC, has approved the 2018-2020 Medium Term Expenditure Framework, MTEF and the Fiscal Strategy Paper, FSP. The Minister of Budget and National Planning, Udoma Udoma, told reporters in Abuja that the highlights of the MTEF showed government’s commitment to achieving seven per cent growth in the…

NNPC Headquarters, Abuja [Photo Credit: Thisday]

Our four major investments to increase Nigeria’s revenue by $30 billion – NNPC

The Nigerian National Petroleum corporation, NNPC, says its four most recent investments with key upstream joint venture partners can increase Nigeria's revenue by over $30 billion in the next decade. The Group Managing Director, GMD, of the Corporation, Maikanti Baru, disclosed this on Monday at the inauguration of the reconstituted…

Appointment of Acting CEO, Abhulime Ehiagwina

NTEL names new acting Chief Executive

The Nigeria Telecommunications Limited, NTEL, has a new acting Chief Executive Officer. He is Abhulime Ehiagwina. Mr. Ehiagwina succeeds the pioneer Managing Director/Chief Executive Officer of the telecom operator, Kamar Abass, who “stepped down from his role as CEO due to urgent personal and medical considerations.” The Director, External Affairs…

Google Headquarters [Photo Credit: Android Headlines]

Google to train 100,000 Nigerian software developers

The chief executive officer of Google Incorporated, Sundar Pichai, has said his firm would prepare 10 million Africans for 'jobs of the future' in the next five years. He said this in a company conference held in Lagos, Thursday. The pledge marked an extension of an initiative Google launched in…