Friday 20 October 2023

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Nigeria's dollar woes leave record N452 billion forex loss across big consumer goods companies


The highest exchange loss, N123.8 billion, was posted by consumer goods powerhouse Nestle Nigeria, which also saw the sharpest deterioration year on year. Read More

I was occult member – Catholic priest


The cleric had alleged, among others, that some Catholic priests, believed to be acting on the instruction of the bishop, had stormed his adoration ground on 7 October and broke his gate, with the intention to dispossess him of the property.

Professor caught cheating in examination fails to make SAN final list


The Legal Practitioners and Privileges Committee (LPPC), last month, shortlisted Ms Daudu's name alongside 68 other lawyers for the prestigious SAN rank.

Rowdiness, stampede as 17,000 Nigerian workers struggle to enrol in IPPIS


When PREMIUM TIMES visited the Public Service Institute where the exercise took place on Thursday, many of them were seen struggling to complete the verification about a week before the end of the exercise.

Most Recent Stories

Tinubu sacks DGs of NTA FRCN, VON, others, names replacements


The president tasked the newly leadership agencies to innovate and create new opportunities for Nigerians to leverage upon through the effective reforms. Read More

I don't want to be remembered for easing int'l passport issuance processes — Nigerian Minister


The minister said this at the weekend in Lagos when he was hosted by his friends and old schoolmates during his stint at Obafemi Awolowo University.

How I manage Obasanjo Farms, my relationship with my dad – Olu Obasanjo


"When dealing with a first-generation company owner who is also a four-star-general who has ruled a country like Nigeria twice, you don't always win that battle most of the time; you lose 110% of the time...''

'Give us back our money,' angry passengers tell Air Peace


Some of the passengers were informed quietly by Air Peace officials that the flight had been further shifted to 11 a.m., PREMIUM TIMES learnt.

One killed, two wounded as gunmen attack correctional facility


According to spokesperson of the state Command of the Correctional Service, Affanga Etim, "When they came, they opened fire on the security team who also responded in like manner and in the process, an Assistant Superintendent of Correction was killed.

Annual Banking Report - Measuring Banks' Resilience
Videos
No crisis at Senate -Akpabio
Business

Tinubu appoints new MD/CEO for Bank of Industry


The president's approval of Mr Olusi's appointment follows the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Olukayode Pitan.

Otedola's Geregu Power reports 13% jump in nine-month profit amid soaring impairment loss


Mr Otedola, previously Nigeria's third-richest person and a multisector investor with interests in maritime, banking and oil & gas, holds the company's controlling stake.

Editorial cartoon of the day
Arts and Entertainment

Mr Ibu: Kanayo O Kanayo tackles Reno Omokri, Uche Maduagwu over 'insensitive' remarks


PREMIUM TIMES, on Wednesday, reported how the 62-year-old "Police Recruit" star opened up about his battle with "a strange and dangerous illness", explaining that his doctors have recommended the amputation of his legs.

New Yam Festival: Anambra to showcase best of masquerade, local delicacies


The commissioner said Anambra had a rich cultural heritage, including intangible ones like ceremonies such as the new yam festival, which is the most popular, generally held between August and November every year.

Opinion

Do we still need EFCC and ICPC for anti-graft war?, by Zainab Suleiman Okino


The pioneer EFCC chairman, Mallam Nuhu Ribadu, now National Security Adviser and appointed by President Olusegun Obasanjo was removed unceremoniously by President Umaru Yar'adua over his witch-hunting (read investigation) of friends of that government at that time. While in office, Ribadu was reporting to only the president as he "bypassed bureaucratic burdens within the security hierarchy and civil service". Expectedly such a powerful man could not have remained in office after jailing or caused to be jailed and putting corruption dent on many a politician including governors, con-artists, internet fraudsters, ministers and people with ill-gotten money generally.

'Two Global Wars and our Economic Plight', By Dakuku Peterside


The economic interlinkages of the global community are manifesting clearly as the Russia- Ukraine war ravages the economies of nations and is now further complicated by the hostilities between Hamas and Israel. The global economy would sink deeper in three significant ways. Israel- Hamas conflict will most likely engender a spike in energy costs. It would add to inflationary pressure already escalated by COVID-19 and the Russia- Ukraine war. And it may lead to a global recession. Bloomberg economists predict global growth may drop to 1.7% and, in the worst-case scenario, may lead to another recession.

Promoted

New NCC boss, Maida commits to Tinubu's vision on digital economy


The new telecom regulator paid tributes to former chief executives of the Commission for their laudable role in building a resilient telecoms industry

Lagos Free Zone wins Industrial Champion Category at the Global Free Zones of the Year 2023 Awards


The award is in recognition of the leading industrial ecosystem provided by LFZ as a Special Economic Zone for manufacturing in Africa

Craneburg restates commitment to timely completion of Eti-Osa-Epe expressway, seeks cooperation


The company, in a statement on Wednesday further stated that it shall continue to work with relevant government agencies to ensure minimal impact of the construction works on commuters.

Sports

Nigeria's Nnadozie celebrates historic Champions League feat with Paris FC


On her social media page, Nnadozie, in her characteristic manner, attributed the fantastic result to divine intervention, expressing gratitude for the clean sheet and their historic achievement.

Nasarawa United FC unveil new technical adviser


The new technical adviser promised to work with the club management, staff and players to enhance the development of the club and return it to the NPFL.

Fact Checker

False! No evidence supporting claim Weah was rushed to hospital over election shock


Claim: A Social Media show host named Prophet Key posted on Facebook that President Weah fell due to election pressure and was rushed to 14th Military Hospital a day after the Oct.10 elections.

Two dead in post-election violence in Konia, Lofa County


Verdict: True! The General Police Commander of Lofa County, Clement Barlatt, has confirmed to DUBAWA the deaths of two Konia, Zorzor District, Lofa County residents due to disagreement over election results.

Health

Nigeria records over 9,000 diphtheria infections


Out of the suspected cases, 9,478 were confirmed from 137 local government areas (LGAs) across 20 states including the Federal Capital Territory.

Cholera outbreak kills 12 in Ogun as govt threatens to seal houses without toilets


Cholera spreads through contaminated food and water, reappearing periodically in countries like Nigeria where people are unable to secure access to clean drinking water and ensure adequate sanitation.
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