-Oil prices fall after US crude reserve release The Organisation of Petroleum Exporting Countries (OPEC) yesterday confirmed that Nigeria’s oil output grew by a meagre 23,000 barrels per day in January, a significant decrease from the December 2022 production increase of about 55,000 bpd. The international oil cartel which stated this in its February Monthly […]
Tag: trade
Mr Mamman said the travail of educating young minds goes beyond the confines of the classroom. As Nigeria joined the world on Thursday to commemorate the 2023 World Teachers’ Day celebration, the substantive Education Minister and his Minister of State counterparts, Tair Mamman and Yusuf Sununu respectively, have emphasised the importance of continuous training and […]
Soul Musaka was just a troubled “Soul Jah Loved.” When it was confirmed that Zimdancehall star Soul Jah Love had died on this day two years ago, music fans were stunned. The gifted chanter succumbed to diabetes-related complications at Mbuya Dorcas Hospital aged 31, plunging the entertainment sector into mourning. Sauro, as the Highfield-bred lyricist […]
The popular and historic 525-year-old Kano dyeing pit situated in the ancient Kofar Mata area in Kano State is currently facing extinction. In a recent visit to the once fascinating, ever-busy dyeing pit, our correspondent observed that it is now in shambles. It was also observed that few people work as dyers in very few […]
The United Democratic Party has condemned President Barrow’s attempts at further constricting the democratic space of The Gambia and the deliberate attempts to stifle the Gambian citizens’ rights to freely and fairly choose who their representatives would be. This latest attempt at election interference by the Barrow administration is calculated to impose Barrow’s preferred albeit […]
Blockchain technology could offer best opportunity to attain optimal prices in carbon market. As Rwanda is set to launch a carbon market framework at the 28th UN Climate Conference (COP28) in December this year, players in the carbon market believe that the country could have “high-quality carbon credits” that could attract better prices. Carbon credits […]
My dear people of Kaduna State, 1. With just about 100 days before leaving office, and elections just round the corner, it was my intention to host another media chat to interact with the people of our state in the next few days. While I still hope to do so, I feel the need to […]
Religion is highly present in Ethiopia. It’s visible in churches and mosques, in clothing, and in public rituals. The country’s main religious communities are Orthodox Christians, Muslims and Protestants. It’s home to one of the world’s oldest churches and has the third-largest Muslim population in sub-Saharan Africa. Orthodox Christians account for about 43% of the […]
Ten states in the country have asked the Supreme Court to set aside the ban by President Muhammadu Buhari on use of the old N500 and N1,000 notes as legal tenders. The states, in suit No SC/CV/162/2023, filed on their behalf by Mr Abiodun Owonikoko (SAN), want the apex court to declare the president’s directives […]
Earlier this morning, thousands of Liberians turned out at various polling centers across the country to cast their votes in Liberia’s Presidential and Legislative Elections. Voting began earlier this morning at 8:00 AM in Monrovia and other parts of the country. So far, there has been no report of violence across the country. Our correspondents […]
State governors elected on the platform of the All Progressives Congress (APC) yesterday rose from a meeting with national chairman of the party, Abdullahi Adamu, insisting that President Muhammadu Buhari must comply with the order of the Supreme Court suspending the deadline for the naira swap policy. They also asked the attorney general of the […]
The International Monetary Fund, IMF, has raised alarm over the negative effects of high inflation on consumption of goods and services in the country, even as it downgraded its economic growth forecast for Nigeria to 2.9 percent from 3.3 percent. However, the Fund also projected that the recent reforms by the Federal Government, namely, fuel […]
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Tunisia: A Trojan Horse in Carthage
How did Kais Saied, a retired law professor, become a tyrant? Answer: with the support of the pro-democracy movement he now oppresses. Everyone knows the legend of the Trojan Horse: after years trying to storm the city of Troy, the Greeks pretended to withdraw their troops and gifted a beautiful wooden horse to the Trojans, […]
Debt relief plans are progressing slowly, much to the agony of developing countries. China has been widely blamed for the delayed global response. Beijing disagrees and puts the onus on the US and lenders backed by it. Hit by multiple crises such as the COVID-19 pandemic, the war in Ukraine and climate change, developing countries, […]
The Muhammadu Buhari-led Federal Government has, in recent years, prioritized the development of the Niger Delta region of the country. This is seen in the myriad of developmental projects littered across the area and executed through the Ministry of Niger Delta Affairs and the Niger Delta Development Commission (NDDC). Recently, during the 12th edition of […]
The appointment, announced in a statement by presidential spokesperson on Thursday, confirms PREMIUM TIMES exclusive report days earlier about Mr Tinubu’s plan to name Mr Olukoyede as the next EFCC in disregard for the law. President Bola Tinubu has appointed Olanipekun Olukoyede as the chairman of the Economic and Financial Crimes Commission (EFCC), in violation […]
Exactly three days to Nigeria’s presidential and National Assembly elections, the United Kingdom (UK), former President Goodluck Jonathan, and Archbishop of Canterbury, The Most Rev. Justin Welby, have appealed for free, fair, transparent, and peaceful polls. The appeals were contained in separate messages yesterday ahead of the elections coming up on Saturday. The calls came […]
History was yesterday recorded as President Bola Tinubu approved the appointment of Mr. Ola Olukoyede, the first Christian and southerner, to ever head the Economic and Financial Crimes Commission (EFCC) since the agency was set up in 2004. His appointment, which was approved for a renewable term of four years in the first instance, pending […]