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. Twitter: @Ola_deinde

Posts by Olawoyin Oladeinde:

Shell-and-Eni

Malabu Scandal: Drama as Eni officials decline to give evidence

The controversial Malabu scandal took a dramatic turn Wednesday in Italy as defendants of oil giant Eni said they will not appear in court to give evidence on charges filed against them. PREMIUM TIMES gathered that the exception is former Eni manager, Vincenzo Armanna, who accused his fellow managers of…

Sudan on map

SUDAN: NLC calls on international community to stop carnage

The Nigeria Labour Congress (NLC) has called on the global community to unite and stop the ongoing carnage by the military in Sudan before it escalates into more killings. The NLC in a statement sent to PREMIUM TIMES also called for global action against the military junta to check the…

Democracy Day at the Eagle Square, Abuja

Democracy Day: Jonathan, Obasanjo, other former leaders absent

Former Nigerian heads of state and presidents were absent at the venue of the 2019 Democracy Day celebrations on Wednesday. The former leaders including Yakubu Gowon, Olusegun Obasanjo, Goodluck Jonathan, among others, were absent at the event which held at the Eagles' Square in Abuja. Former military leaders Ibrahim Babangida…

Nigeria’s Nobel Laureate, Wole Soyinka speaks on June 12 as Democracy Day

Reducing June 12 to Yoruba project lamentable — Soyinka

Nigeria's Nobel Laureate, Wole Soyinka, has said that it is lamentable that the June 12 democratic struggle has been reduced to an ethnic project "championed by the Yoruba people". Mr Soyinka made this known in a statement sent to PREMIUM TIMES ahead of Wednesday's commemoration of the June 12 Democracy…

Former President Olusegun Obasanjo

Buhari govt driving Nigeria towards disaster, instability — Obasanjo

Former President Olusegun Obasanjo has said that the President Muhammadu Buhari-led government is driving Nigeria towards "disaster and instability". Mr Obasanjo said this in an exclusive interview with PREMIUM TIMES at his Ibogun Olaogun ancestral home in Ifo Local Government Area of Ogun State, last month. The interview is part…

Oando-PLC [Photo Credit: www.oandoplc.com]

SEC directs Oando to suspend AGM

The Securities and Exchange Commission (SEC) on Monday directed Oando Plc to suspend its scheduled Annual General Meeting. The capital market regulator made the announcement in a statement on Monday. “The Securities and Exchange Commission hereby notifies the public that further to the ex-parte order of the Federal High Court,…

First Bank ATM used to illustrate the story.

How Nigeria’s financial inclusion targets, SDGs have fared so far

In 2008, a survey conducted in Nigeria by a development finance organisation, the Enhancing Financial Innovation and Access, revealed that about 53.0 per cent of adults were excluded from financial services. The development, which painted a rather poor picture of Nigeria's financial inclusion drive, generated reactions among stakeholders in the…

Nigerian senate chambers where senators attend plenary

SATIRE SATURDAY: Why Saraki-led Senate is the best since 1999

The Bukola Saraki-led eight Senate had its valedictory session earlier in the week. Every Nigerian who watched the session must have been intrigued by the spectacle as senators after senators took turns to speak about their experience and contributions. A day after the session, I watched the clip as our…

Pius Adesanmi

Pius Adesanmi’s mother, daughter sue Boeing over Ethiopian Airlines crash

Family members of the late Nigerian writer killed in the tragic Ethiopian Airlines crash, Pius Adesanmi, have filed a new lawsuit against the Boeing Company. Lawyers Nomaan Husain of Husain Law + Associates, Floyd Wisner of The Wisner Law Firm, and Omar Khawaja of The Law Offices of Omar Khawaja,…

Oando-PLC [Photo Credit: www.oandoplc.com]

Oando crisis deepens as two directors resign

Two non-executive directors of Nigerian Oil firm Oando Plc have resigned. The two directors are Sena Anthony and Oghogho Akpata. This newspaper understands that their resignations took effect on June 3. Their resignation details are contained in the notice sent to the Nigerian Stock Exchange (NSE) on Friday. "Oando PLC…

Nigerian oil company, Oando. [Photo credit: Guardian Newspaper]

Police storm Oando, barricade office

Some officials of the Nigerian Police Force on Monday stormed the head office of Nigeria's oil and gas firm, Oando Plc. PREMIUM TIMES gathered that about a dozen police officers were sighted at the company's head office at Ozumba Mbadiwe Avenue, Victoria Island, Lagos, on Monday. The development comes in…

SATIRE SATURDAY: President Buhari must retain ALL his ministers—-except Buhari

President Muhammadu Buhari did not surprise a few of us last Wednesday when he failed to deliver an inauguration speech as envisaged. It indeed would have been a rude surprise if, at that occasion, the president inspired hope and allayed the fears of Nigerians, many already battered by poverty and…

A tired "Baba" heading home after work on the farm.

SPECIAL REPORT: Inside the world of Nigeria’s financially excluded farmers

Moses Ezekiel wobbled out of the forest on his old, rickety motorcycle. Dressed in African wax fabric, Mr Ezekiel looked exhausted and tired. The time was few minutes past 12 on a Sunday afternoon in the autumn of May. The midday sun shone brightly, burning the skin with mild intensity.…

President Muhammadu Buhari at a Federal Executive Council meeting

SATIRE SATURDAY: Is President Buhari really funny?

President Muhammadu Buhari is a likable human. The near-general consensus of those who have met him is that the man exudes a certain child-like atmosphere of innocence and simplicity that endears him to many people in informal conversations. That, for me, is quite perceptible even from the very few television…

Babatunde Omidina aka Baba Suwe. [Photo: Punch]

CELLULOID: Baba Suwe’s metamorphosis

Is Baba Suwe the most gifted comedian of his generation? Cheeky poser, the response would be as fluid as Babatunde Omidina's own approach to comedy. In a recent interview, Mr Latin (Bolaji Amusan) described Baba Suwe as the greatest and most gifted comedian of his generation. A rather intriguing description;…

Tony O Elumelu

Elumelu urges investment in young Africans

The Chairman of Heirs Holding and founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, on Thursday enjoined leaders from across the world to train and invest in young Africans to engender economic growth. Mr Elumelu spoke Thursday at the Tech for Good Summit 2019, which held in France. The…

Former President Goodluck Jonathan

SATIRE SATURDAY: Shall we now beg Goodluck Jonathan for forgiveness?

Two weeks ago, I was in Ibogun-Olaogun, former President Olusegun Obasanjo's ancestral village, for an interview with the retired general. The conversation is meant to be part of a special publication by this newspaper, set for release in commemoration of Nigeria's 20-year democratic journey later this month. Of course, having…

MTN Nigeria office

MTN Nigeria admitted into NSE Premium Board

The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc. Details of the listing showed that the shares were introduced at N90 per share on the Nigerian bourse's Premium Board Thursday. MTN Nigeria, a part of the MTN Group,…

Stanbic IBTC Bank fined N2 billion for violating CBN guidelines, other offences

The management of Stanbic IBTC was fined about N2 billion for violating the guidelines of the Central Bank of Nigeria, CBN, and committing other sundry offences in 2018. Details of the fines are contained in the bank's financial statement for the year ended December 2018. The group said it was…

Akinwunmi Ambode

I’m wiser now – Ambode

The Lagos State Governor, Akinwunmi Ambode, has said that having spent almost four years running the affairs of Lagos, he is "wiser" now. Mr Ambode said this while fielding questions from state house correspondents during his visit to President Muhammadu Buhari in Abuja. The governor said he visited Abuja on…

Former President Goodluck Jonathan

Malabu Scandal: Jonathan replies Nigerian govt, speaks on role

A former Nigerian president, Goodluck Jonathan, has repeated his claim that he did nothing wrong when his government brokered the controversial Malabu oil deal. A statement by Ikechukwu Eze, media adviser to the former president, described the allegation Mr Jonathan acted corruptly and may have received bribes as "recycled falsehood…

President Muhammadu Buhari departs the country for official events. [PHOTO CREDIT: Official Twitter handle of the Presidency]

Lawyer sues Buhari over UK “private visit”

A Lagos-based human rights lawyer, Inibehe Effiong, has sued President Muhammadu Buhari for not handing over power to Vice-President Yemi Osinbajo when he travelled to London on a private visit two weeks ago. The case, with suit number FHC/L/CS/763/2019, was filed before a Federal High Court in Lagos. Also named…

First Bank ATM used to illustrate the story.

How bank charges hinder financial inclusion in Nigeria

Arbitrary charges effected on Automated Teller Machine, ATM, cards and other services rendered by banks have been identified as a possible factor that may hinder Nigeria's financial inclusion drive. Random respondents who spoke with PREMIUM TIMES on Monday said other charges like those on withdrawal limits also discourage customers, especially…

A banking hall [Photo credit: Nigerian Times]

How to promote digital savings, financial inclusion – World Bank Group

The World Bank Group has identified three policy considerations as critical factors for the growth of digital savings and the promotion of financial inclusion across the world. A new report by the bank listed the policies to include conscious efforts to enable banking institutions to pursue digital savings partnerships with…

Shell-and-Eni

Malabu Scandal: Nigerian govt demands $3.5 billion from Eni, Shell

The Nigerian government is seeking about $3.5 billion in damages from oil giants Eni and Shell over the controversial Malabu oil deal, PREMIUM TIMES has gathered. The new claim is contained in a London court filing by the Nigerian government against the two oil multinationals and other parties involved in…