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:

Sowore support group registers political party

#TakeItBack movement, a support group loyal to presidential hopeful and publisher of Sahara Reporters, Omoyele Sowore, has been announced as one of the newly registered political parties by the Independent National Electoral Commission (INEC). The movement is behind the new party named Africa Action Congress (AAC). It is one of…

Nigerians lineup to board BRT buses used to illustrate the story

Lagos third worst city to live – EIU report

Lagos, Nigeria’s commercial nerve center, is the third worst city to live in among 140 cities worldwide. The revelation is according to the Economist Intelligence Unit, EIU's 2018 ranking of the world's most liveable cities. The city was ranked 138th of the 140 countries ranked by the EIU. With a…

Godwin-Emefiele

CBN may increase interest rate — Deputy Governor

The Central Bank of Nigeria may tighten and increase its main interest rate if the nation’s inflation rate fails to decline. Deputy Governor of the CBN, Joseph Nnanna, said the apex bank is “in the mood” for tightening with regards to the monetary policy rate. Speaking on the sidelines of…

NSE suspends trading on Conoil shares

The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of Nigerian oil firm, Conoil Plc. The Nigerian bourse announced the suspension via a notice signed by the NSE's Head of Listings Regulation Department, Godstime Iwenekha. According to the notice, the suspension was due to the failure of…

Sokoto Airport used to illustrate the story,

FAAN condemns invasion of Sokoto runway by Buhari, Wammako’s supporters

The Federal Airports Authority of Nigeria, FAAN, has condemned the invasion of the runway of Sultan Abubakar III International Airport, Sokoto, by loyalists of former governor Aliyu Wammako in the state. The agency said politicians broke through the airport fence and invaded the airport in a bid to receive their…

Soyinka berates Obasanjo; warns ex-president about ‘hijacking propensity’

Nigeria's Nobel Laureate, Wole Soyinka, on Thursday threw shades at former President Olusegun Obasanjo over the retired general's 'hijacking propensity'. Mr Soyinka urged the ex-Nigerian leader to keep away from political movements put in place by patriots to restore Nigeria to the path of development. He said this at the…

Panama Papers

EXCLUSIVE: I moved to Nigeria from UK for tax reason – Indian Businessman

An Indian national and businessman has revealed that he left the United Kingdom to settle and do businesses in Nigeria because of tax reasons, a claim suggesting that Nigeria's tax system is either more business friendly or easier to manipulate. Sanjeev Raj Kapoor’s declarations were contained in the information he…

Oyo 2019: Ladoja meets Obasanjo, may join ADC

Barring last minute changes, former governor of Oyo State, Rashidi Ladoja, could leave the Peoples Democratic Party (PDP) for the African Democratic Congress (ADC) on Friday. The former governor and other loyalists held a meeting with former president Olusegun Obasanjo Wednesday afternoon, PREMIUM TIMES gathered, as part of the final…

UPDATED: Kwara Assembly Speaker, others defect to PDP

The Speaker, Kwara State House of Assembly, Ali Ahmad, has defected to the Peoples Democratic Party, PDP. Mr Ahmad defected alongside 22 other members of the 24-member Kwara State assembly on Wednesday. The only state lawmaker remaining in the APC is Saheed Popoola, representing Ojomu-Balogun Constituency in Offa Local Government…

Bukola Saraki

Saraki, Governor Ahmed dump APC

The Senate President, Bukola Saraki, has formally announced his departure from Nigeria's ruling party, the All Progressives Congress (APC). The Kwara State Governor, Abdulfatah Ahmed, made a similar announcement at about the same time. Mr Saraki made his announcement on his official social media handles. "I wish to inform Nigerians…

The Fire Service putting out the fire at the bank's headquarters

Fire engulfs Ecobank headquarters

The headquarters of Ecobank was on Tuesday engulfed by fire. The bank headquarters, where the incident occurred, is located in Victoria Island, Lagos. Details of the incident remain sketchy as at press time. Adesina Tiamiyu, General Manager of Lagos emergency agency, could not be immediately reached Tuesday morning. On its…

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org]

ANALYSIS: Nigerian bourse, investors’ confidence and the troubles of minority shareholders

In January, details emerged of a peace deal between businessman Dahiru Mangal and the management of Nigeria’s indigenous oil and gas firm, Oando Plc, led by its chief executive officer, Wale Tinubu. In a statement made public by the oil firm on January 22, Mr Mangal withdrew a petition to…

Oworonshoki Waterfront

SPECIAL REPORT: Lagos govt’s attitude to poor residents raised amidst Oworonshoki Waterfront project

Our vehicle snaked its ways gently out of the congested streets of Lagos Island, en route to Oworonshoki, before moving swiftly upon the asphalted layer of the Third Mainland Bridge, due for renovation before September. Soon, the vehicle approached Oworonshoki waterfront, located just on the edge of the mainland axis…

9mobile

Timeline for 9mobile acquisition extended

The Board of 9mobile on Thursday announced the extension of the timeline for closure of the acquisition process of the company. A statement by Boye Olusanya, the Chief Executive Officer of the company, said the timeline extension was considered necessary to enable parties involved in the sale process to finalise the requisite…

Boat Mishap

Five dead in Lagos boat mishap

At least five people died in a boat accident in Lagos Wednesday evening, PREMIUM TIMES has learnt. The incident happened at about 5.57 p.m. The general manager of the Lagos State Emergency Management Agency, Adesina Tiamiyu, who confirmed the deaths, said the cause of the incident was still unknown. PREMIUM…

Buhari’s minister in N993,000 hotel accommodation double payment mess – Report

The Minister of Trade and Investment, Okechukwu Enelamah, is enmeshed in a N993,000 accommodation allowance double payment mess, according to details of the annual report by the Auditor-General of the Federation for 2016. The controversial payment, the report revealed, was made to the minister after he was appointed by President…

Monsurat Sunmonu

I defected to ADC, not PDP, Senator says

The senator representing Oyo Central senatorial district in the Nigerian Senate, Monsurat Sunmonu, has explained why she defected from the ruling All Progressives Congress (APC). The senator, in an interview with PREMIUM TIMES, said she defected to the African Democratic Congress (ADC) and not the opposition Peoples Democratic Party (PDP).…

A group photo of President Buhari and Ministers

Buhari underfunds crucial audit office – Report

The Muhammadu Buhari administration has, compared to its predecessor, allocated less sums to the auditor-general’s office, which audits and reviews public accounts, an official document shows. The poor funding since Mr Buhari assumed office in 2015 is now hindering the auditor-general from performing his crucial role necessary for transparency and…

Vice-Chancellor, Technical University, (Tech-U), Ibadan, Oyo State, Ayobami Salami

INTERVIEW: We train students to think without the box – Tech-U Vice Chancellor

The Technical University, (Tech-U), Ibadan, Oyo State is an institution of learning which prides itself as the revolution the Nigerian university system has been waiting for. The university was commissioned in June 2017 and celebrated its anniversary last month. In this interview with PREMIUM TIMES’ Oladeinde Olawoyin, the Vice-Chancellor of…

Bank queue

#BankWars: Access, Sterling, other banks in entertaining ‘supremacy battle’

Five Nigerian banks are currently enmeshed in a Twitter supremacy battle that social media platform users said has brought an interesting dimension to brand and advertising in the nation's banking industry. For more than 48 hours since Friday, at least five of the nation's top banks have provided entertainment for…

A photograph showing Ekiti State Governor, Chief Ayodele Fayose on the ground after he was attacked with tear gas and beaten by security operatives

SATIRE SATURDAY: Isn’t Ekiti treasury in ‘severe pain’, already?

Penultimate Wednesday, about three days before the Ekiti gubernatorial election held, Ayodele Fayose, the garrulous governor of Ekiti State, broke the internet when clips of him shedding tears surfaced online. In the clip, which had gone viral before noon that Wednesday, the man who loved to be addressed as “Peter…

sawaba pic 1

INTERVIEW: How Wasiu Ayinde Marshal betrayed me – Iyanda Sawaba

Veteran Fuji musician, Isiaka Iyanda Sawaba, popularly known as “Easy Sawaba”, was in the 1970s and 1980s a force to reckon with in Fuji music. In this exclusive interview with PREMIUM TIMES’ Oladeinde Olawoyin, the musician narrates how the acclaimed king of Fuji music, Wasiu Ayinde Marshal, betrayed him after…

Entrance of a VIO Office at Anthony-Onigbongbo, Lagos

INVESTIGATION: Inside Nigeria’s drivers’ licence fraud and how officials dupe applicants (1)

“In Nigeria, with the right (amount of) money, anybody can drive,” the officer said in hushed tone, grinning, his hands in the pockets of his trouser as he led this reporter into the open space that is the compound of the WEMA-Apata office of the Federal Road Safety Corps (FRSC),…

More MDAs violate audit law under Buhari than previous govts – Nigeria’s Auditor-General

More ministries, departments and agencies (MDAs) have refused to submit their accounts for review since President Muhammadu Buhari assumed office, an official report shows. The poor compliance of MDAs to Nigerian laws on submission of accounts is worse in each of Mr Buhari’s first two years in office than any…

Former finance minister, Ngozi Okonjo-Iweala [Photo credit: Instagram]

Okonjo-Iweala appointed into Twitter board

A former Nigerian Minister of Finance, Ngozi Okonjo-Iweala, has been appointed into the board of social media giant, Twitter Inc. Mrs Okonjo-Iweala, who served in the administration of former President Goodluck Jonathan, was appointed alongside Robert Zoellick as new independent directors with immediate effect, Twitter said Thursday. According to the…