Saturday 19 August 2023

MORNING DIGEST: Premium Times Daily Newsletter

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SPECIAL REPORT: Inside the failure of Nigeria's Anchor Borrowers Programme for farmers


The CBN says only N503 billion or 52.39 of loans it disbursed under the Anchor Borrowers' Programme (ABP) had been repaid as the few gains of the scheme are being eroded by multiple factors Read More

Like Buhari, Tinubu likely to head petroleum ministry


The president, however, did not assign any ministerial nominees to head the ministries of gas resources and petroleum resources. Although he has not directly stated that he intends to hold the office of petroleum minister, the failure to appoint someone for the position indicates that President Tinubu seeks to hold the office.

Tribunal reserves judgements on petitions challenging Ebonyi governor's election


The Ebonyi State Election Governorship Election Petition Tribunal reserved judgement after lawyers representing the parties to the case presented their closing arguments on Friday.

APC governors, Ganduje meet, strategise on Bayelsa, Imo, Kogi governorship elections


Mr Adamu faced allegations of mismanagement of the funds for the execution of the Osun State election in 2022 where the party lost to the opposition Peoples Democratic Party (PDP).
Most Recent Stories

NLNG Plant still operating despite Force Majeure – Official


NLNG said that the Force Majeure, caused by the unavailability of major liquids evacuation pipelines, was due to acts of sabotage and vandalism. Read More

Forum charges federal govt to impose 20 per cent tax on sugary beverages


High levels of sugar consumption had increased the population of obese people and also the incidence of Type 2 diabetes, cardiovascular diseases, cancer, renal problems and other non-communicable diseases, the forum said.

Peter Obi expresses sadness over death of 36 soldiers due to helicopter mishap


Mr Obi said the death of the soldiers, reportedly killed in a terrorist ambush in Niger, and the ill-fated military helicopter, on a rescue mission, in the same state was unfortunate and disheartening.

Job Racketeering: We didn't indict JAMB – Reps panel clarifies


"I want to say it here that as a matter of fact, do not take any report of indictment against anybody serious. This committee has not indicted the Registrar of JAMB and we have not indicted any institution."

Lagos declares Isese Day public holiday


The Isese Day, has been set aside in Lagos to celebrate the indigenous Yoruba culture and traditions as well as the preservation of the Yoruba heritage.
Annual Banking Report - Measuring Banks' Resilience
Videos
Niger Coup: ECOWAS Parliament wants more dialogue, supports sanctions
Business

Naira gains on I&E window, slips at black market


According to the market data collated by PREMIUM TIMES, the naira closed at N739.52 to a dollar as against N740.67 it was exchanged for in the previous session on Thursday.

FrieslandCampina Nigeria expects no early recovery after weakening naira shot forex expense to N18.6bn


At N18.6 billion, foreign currency costs ate up what was posted in gross profit, throwing its bottom line into a loss of N11.6 billion, the first time in five years or more.
Editorial cartoon of the day
Arts and Entertainment

How I survived spiritual attack that almost killed me – Chinwetalu Agu


''But if you go to Prophet Ugo, he will bring his holy oil to treat you. If you say it's here, he'll get the oil, rub here, rub it this way, and hold and feel it. If he feels the pin in your body, he'll pull it''.

Six ways to make money watching Big Brother Naija


Why must you be one of those just watching when you can also make money off the show? If that piqued your interest and you are wondering how to turn a show you watch into a money-making venture, read this article.
Opinion

Tinubu and the Buhari playbook: Is it time to lose hope?, By Toyin Falola


The failures and underwhelming performances weighed heavily on Tinubu's campaign prospects. As much as he tried — sometimes hinting at not being APC's anointed candidate and facing as much opposition from his party cabals as any average Nigerian — Tinubu could not fully distance himself from the failures of the Buhari government. And maybe he should not have done that. To remedy his image, his campaign strategists brought Nigerians the promise of "Renewed Hope". Buhari rode in on an abundance of hope for change and good, but the eight years he spent at the helm sapped Nigerians of their hope.

PBAT's policy package: Understanding the difficulties of take off, By Jibrin Ibrahim


The question then becomes: why was this bloated and largely incompetent cabinet appointed? The answer, very clearly, lies in the first paragraph of this article. All eyes are on the judiciary. Should the outcome not favour the ruling party, it has a real need of the political striking force assembled as a cabinet to address whatever the outcome is. In order words, the country will remain in a political campaign mode, and governance has been pushed to the side-lines.

Promoted

Meet the BSN Nigeria Alumni 1st Vice President


An educational consultant of high repute with over 25 years of cognate experience consulting for private schools in and outside Nigeria, Mr Nelson Ayodele, the first Vice President Business School of Netherlands Alumni Association, is a motivational speaker, life coach and counsellor.

Uburu Health links UNTH, LUTH, Stanford in skin disease diagnosing A.I for Africans globally


The collaboration amongst the three institutions would see the utilization of existing classified skin lesion datasets, first from the University of Nigeria Teaching Hospital (UNTH) and the Lagos University Teaching Hospital (LUTH), in validating and training an A.I model.

NCDMB proffers guideposts for sustainable local content practice in Africa


Speaking as the preeminent local content advocate in Africa, the NCDMB boss gave an overview of key parameters that are critical to in-country value addition and growth of the sector on a sustainable basis.

Sports

Goal Machine: Awoniyi celebrates new Premier League record


After emerging as Nottingham Forest's first goal scorer of the new campaign in the away game at the Emirates last weekend against Arsenal, Awoniyi set the tone on Friday night again.

CAF Women's Champions League: Six football clubs arrive Benin


Nigerien side AS Garde Nationale will not take part in the tournament because of the coup in the country.

Fact Checker

Claim 37-year-old South African woman gave birth to decuplets, false


VERDICT: FALSE. The Guinness World Record (GWR) currently recognises a Malian woman, Halima Cisse, who delivered nonuplets in 2021 in Casablanca, Morocco. Multiple media reports highlight controversies surrounding the birth of decuplets by Ms Sithole, dismissing every iota of truth.

MISLEADING! Lauren James faces two-match ban, not tournament ban


VERDICT: MISLEADING. Credible news outlets report that the England international has been suspended for only two matches in the ongoing Women's World Cup tournament.

Health

Why we suspended strike – NARD


The members of NARD embarked on an industrial action on 26 July following the failure of the Nigerian government to meet their demands.

FGM responsible for increased deaths in some African countries — Report


The study shows that FGM remains legal in five of the 28 countries where it is most practised.
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