Olawoyin Oladeinde

Oladeinde Olawoyin reports Business & Economy, Development and Lagos Metro at Premium Times. A First Class graduate of Mass Communication from the University of Ilorin, Ilorin, he was nominated in the journalism category of The Future Awards Africa in 2017. Aside maintaining a column titled ‘SATURDAY SATIRE’, he also writes art and culture pieces on weekends. You may connect with Oladeinde on twitter (@Ola_deinde), Facebook (Oladeinde Olawoyin)

Posts by Olawoyin Oladeinde:

Google Headquarters [Photo Credit: Android Headlines]

Google launches $2 million empowerment initiative for Nigerians

Google has announced the launch of the Google Impact Challenge (GIC) Nigeria 2018 initiative aimed at empowering Nigerian citizens to execute projects that would impact the community. The initiative was launched at the Civic Center, Victoria Island, Lagos, on Wednesday. According to Google Country Marketing Manager, Affiong Osuchukwu, the company…

Muhammadu Buhari talking

Again, Buhari lauds late kleptocrat dictator, Sani Abacha

President Muhammadu Buhari on Tuesday lauded a former Nigerian military dictator, Sani Abacha. Mr Buhari, who served under the late Mr Abacha as head of the Petroleum Trust Fund, (PTF), said the late dictator contributed to the infrastructural development of the nation. This is not the first time Mr Buhari…

Gov. Ambode and Wife used to illustrate the story.

Beware of fraudster claiming to represent me – Ambode’s wife

Bolanle Ambode, wife of the Governor of Lagos State, Akinwunmi Ambode, on Tuesday distanced herself from the alleged criminal activities of a certain individual posing as her representative to extort money from unsuspecting members of the public. Mrs. Ambode, in a statement signed by the Assistant Director, Public Affairs, Folashade…

Why Nigeria must borrow to fund budget, capital projects – Official

The Director-General of the Debt Management Office (DMO), Patience Oniha, on Monday said the Nigerian government must take loans to fund the budget and capital projects. Mrs Oniha spoke at the International Monetary Fund (IMF) Regional Economic Outlook for Africa themed “Domestic Revenue Mobilisation and Private Investment.” According to the…

Kwara APC: Lai Mohammed faction files suit against Saraki’s

A faction of the ruling All Progressives Congress (APC) in Kwara State has filed a suit against the group loyal to Senate President, Bukola Saraki. The faction, believed to be peopled by loyalists of the Minister of Information and Culture, Lai Mohammed, is challenging Mr Saraki-led group over the outcome…

United Arab Emirates (UAE) on map

UAE approves 100 percent foreign ownership of businesses

The United Arab Emirates cabinet on Sunday approved steps that would allow for 100 per cent ownership of UAE-based businesses by foreign investors. According to the state news agency, WAM, the decision would be implemented by year end. The decision is part of a wider change to the system that…

Lagos APC: I am not plotting to displace Tinubu – Banire

The National Legal Adviser of the ruling All Progressives Congress, APC, Muiz Banire, on Sunday said there is no rift between him and a national leader of the party, Bola Tinubu. A statement issued by Mr Banire on Sunday said reports insinuating that he is plotting to displace Mr Tinubu…

Aliko-Dangote-1062x598

I want to be Africa’s biggest philanthropist – Dangote

Nigerian businessman and philanthropist, Aliko Dangote, has said that he wants to be known as the biggest philanthropist in Africa. In a statement released on Sunday, Mr Dangote said the desire to impact more in people was the motivation for the establishment and running of the Aliko Dangote Foundation. The…

Ikeja Hotels

NSE lifts suspension on Ikeja Hotels

The Nigerian Stock Exchange (NSE) has lifted an 18-month suspension placed on trading in the shares of Ikeja Hotels Plc. The suspension was placed on the company's shares on November 10, 2016. A ‘Facts Behind the Restructuring’ document released by Tinuade Awe, NSE Executive Director, Regulation, said trading would commence…

FILE PHOTO: President Muhammadu Buhari,and Vice President Yemi Osinbajo (middle) and other party leaders, pose for snapshot after a meeting with APC governors.

Nigeria’s ruling APC in crises; factional congresses held across states

Nigeria’s ruling party, APC, held its state congress in several states on Saturday. The congresses were to elect new leaders for the party in Nigeria’s 36 states and Abuja. The congresses at several states, however, show a party that is unable to resolve its differences as parallel congresses were held…

UPDATED: Lagos APC faction challenges Tinubu, holds parallel congress

A faction of the All Progressives Congress (APC) in Lagos State is holding a parallel congress in the state. The faction, led by Fouad Oki, is challenging the other faction of the party led by a former governor of the state, Bola Tinubu. Mr Oki, until recently a loyalist of…

Bola Tinubu

Lagos APC faction challenges Tinubu, holds parallel congress

A faction of the All Progressives Congress (APC) in Lagos State is holding a parallel congress in the state. The faction, led by Fouad Oki, is challenging the other faction of the party led by a former governor of the state, Bola Tinubu. Mr Oki, until recently a loyalist of…

Kwara State governor, Abdulfatah Ahmed

Cultists moved from Kwara did not implicate Saraki — Govt

The Kwara State Ministry of Justice has said that suspected cultists arrested and interrogated by the police in Ilorin, the state capital, and recommended for trial by the Director of Public Prosecutions (DPP) never indicted anybody in their statements. The state's chief prosecutor, Jimoh Mumini, said the claim was not…

prayer ground

12 things Muslims should do more during Ramadan

There are things scholars enjoin Muslims to avoid in the Holy month of Ramadan. But there are numerous other acts they are advised to do more to maximize the blessings of the holy month. Here are 12 of those things: 1. Read the Holy Quran Muslims are enjoined to dedicate more time…

Police on patrol

Police debunk report of bank robbery in Ilorin

The Nigerian Police on Friday denied reports that robbers invaded a bank in Ilorin, the capital of Kwara State. An Assistant Commissioner of Police and the head of Nigerian Police Public Complaint Rapid Response Unit (PCRRU), Abayomi Shogunle, made this known in a tweet on Friday. Some internet users had…

Stella Oduah

AMCON takes possession of asset of Nigerian senator, Stella Oduah

The Asset Management Corporation of Nigeria (AMCON) on Friday took over the asset of Sea Petroleum & Gas Limited and its affiliated companies. The company is promoted by former Minister of Aviation and Nigerian senator, Stella Oduah. A statement by Jude Nwauzor, AMCON spokesperson, said the organisation took possession of…

Femi Otedola

Otedola denies Lagos governorship ambition

Nigerian billionaire and chairman of Forte Oil, Femi Otedola, has debunked claims that he is planning to contest as Lagos State governor in 2019. Mr Otedola, who recently joined social networking platform, Twitter, made this known in a tweet on his official handle, @realFemiOtedola. He was welcomed to Twitter by…

prayer ground

10 things Muslims should avoid during Ramadan

Ramadan, the ninth month of Islam, is here and Muslims across the globe are enjoined to adhere to the rules that guide fasting in the glorious month. Scholars have opined that there are some acts that must be avoided in the holy month. While Islam preaches that every Muslim must…

Shell-and-Eni

Malabu Scandal: Trial of Shell, Eni, officials adjourned in Italy

The trial of top executives from oil majors, Eni and Shell, over alleged corruption in the controversial Malabu scandal has been adjourned. The trial kicked off on Monday with a brief procedural hearing and a decision to re-adjourn to June 20. The Milan court said it would assess requests from…

gas-pipeline-653x365

Trans-Forcados oil pipeline shut down — Report

Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil has been shut down. Reuters reported Wednesday that the pipeline was shut for repairs to inspect a leak. Quoting an unnamed source, the report said the pipeline, which transports about 200,000 to 240,000 barrels of crude per day, was shut about…

JUST IN: Otodo-Gbame residents beseige RCCG headquarters, want Adeboye to plead with Osinbajo

Evicted residents of Otodo-Gbame waterfront communities on Tuesday besieged the headquarters of the Redeemed Christian Church of God, RCCG, in Oyingbo. The evicted residents, who came via boats said they were out to present a letter to the General Overseer of the Church, Enoch Adeboye, intimating him about their plights.…

Other Otodogbame Out of School kids and their parents

Otodo-Gbame: How eviction forced children out of school; rendered parents poor (II)

------------------------------------------------------------------------------------------------------ In the second part of this report detailing how Otodo-Gbame evictees are living in pain in crowded Lagos slums, PREMIUM TIMES’ Oladeinde Olawoyin, who visited the communities, reports that many children have been evicted from school as their parents wallow in abject poverty. --------------------------------------------------------------------------------------------------------- More than five minutes after we arrived…

File photo of Hon. Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN(middle), the Minister of State in the Ministry, Hon. Mustapha Baba Shehuri (left) and Deputy Managing Director, Ibadan Electricity Distribution Company Plc (IBEDC) , Engr. John Ayodele (left) inspecting the IBEDC’s Control Room during the 12th Monthly Meeting with Sectoral Participants in the Power Sector hosted by IBEDC Plc at the Olorunsogo Injection Substation, Akanran, Lagos-Ibadan Expressway, Ibadan, Oyo State on Monday 13th, February 2017.

Fashola tasks power distribution companies to be proactive ahead rainy season

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, on Monday urged power distribution companies to be proactive in their operations ahead of the rainy season. Mr. Fashola said the progress stakeholders are making in the power industry would require them to increase their commitment to further improving service. The…

Codeine is one of the drus being abused by young people

Codeine: Emzor to support treatment, rehabilitation of drug addicts

The management of Emzor Pharmaceutical Company on Sunday said it would support the Nigerian government in the rehabilitation and treatment of persons affected by drug addiction. The company also expressed delight at the decision of the National Agency for Food and Drug Administration Control, (NAFDAC), to re-open the company's production…

Okonjo-Iweala tackles ‘mischief makers’ over incorrect quotes from new book

A former Nigerian Minister of Finance, Ngozi Okonjo-Iweala, has disowned a viral quote purportedly contained in her new book, 'Fighting Corruption is Dangerous.' The former minister said that she never wrote about "Yesterday's scavengers" being "Today's saints" at any point in her new book. Mrs Okonjo-Iweala was reacting to quotes…