N43.4bn – The Akwa Ibom State chapter of the All Progressives Congress on Sunday said Governor Udom Emmanuel’s poor leadership was responsible for the state’s failure to benefit from the N43.4bn World Bank grant obtained by the Federal Government. The chapter of the People’s Democratic Party however dismissed this claim. In a statement signed by […]
Buisness
COVID-19: Evacuation of 700 Nigerians in US begins May 10
COVID-19 – Evacuation of Nigerians stranded in the United States due to the novel coronavirus will begin on May 10, the Consulate of Nigeria in New York has announced. It said 700 Nigerians have registered with the missions in the US for the evacuation, which would be done in batches. The Consul-General, Mr Benaoyagha Okoyen, […]
COVID-19 – Central Bank of the UAE package supports economy
COVID-19 – The UAE Central Bank recently more than doubled the size of the stimulus package for the economy, to deal with the current crisis, while also allowing banks and finance companies to extend the deferment of both principal and interest repayments until the end of the year. The reserve requirement for demand deposit has […]
Crude Oil – Nigeria optimistic of a price rebound
Crude Oil – Despite the slide of the crude oil reference price for Bonny Light to about $12 per barrel last week, Nigeria remains optimistic the situation at the international oil market would still rebound. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, in an interview with PREMIUM TIMES on Saturday in […]
Covid-19: Mahmood Ahmadu and other KT’s partners Sends Hope
Covid-19: Messages of hope from Mahmood Ahmadu and other KT’s partners Whilst the Covid-19 situation appears to be doom and gloom, one should always have hope that there is light at the end of the tunnel. All it takes is for a cure or approved treatment to come out. Businesses should get very tight control […]
Oil Price – Saudi Arabia, Russia agree to slash production
Oil Price – Saudi Arabia and Russia Thursday ended their oil war that has shaken the global oil markets and negatively affected many oil-reliant economies, including Nigeria. The world’s two largest oil exporters came to a resolution at an expanded Organisation of Petroleum Exporting Countries (OPEC) emergency meeting which was held through a video conference. Both countries […]
Coronavirus – How we’ll help Nigeria fund 2020 budget – FIRS
Coronavirus Coronavirus – The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, recently fielded questions from some journalists in Abuja. In the interview, the graduate of Bayero and Ahmadu Bello Universities gave insights into the challenges he has faced so far in office and the measures taken to overcome them. He also outlines plans to harness […]
Nollywood Actors Survive By Using Sugar Daddies – Wale Adenuga
Nollywood – Wale Adenuga has described the film industry in Nigeria as unprofitable, adding that things are not going on well as expected with the sector. Adenuga, who is the chairman of Pefti Film Institute, disclosed this over the weekend in Ibadan while speaking with newsmen. He said the Federal Government had done its best by providing loans for […]
Emergency Call Centre – FG Launches National Broadband Plan
Emergency Call Centre – LAGOS – President Muhammadu Buhari yesterday unveiled the new National Broadband Plan (2020-2025). The President also commissioned three other projects executed by the Ministry of Communications and Digital Economy and agencies under it. According to Dr Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy, “The plan, essentially, is intended to […]
Nollywood movies’ storylines not responsible for wave of crime
Nollywood – Mr Ejezie Rowland, National President, Actors Guild of Nigeria (AGN), says storylines of Nollywood movies are not responsible for the wave of crime in the country. Rowland, who made the remark in an interview with News Agency of Nigeria (NAN) on Friday in Abuja, was reacting to a report quoting works and housing […]