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Business

CNG: FG introduces fuel at N230 per litre

In a strategic move to reduce fuel costs and provide Nigerians with an affordable alternative to petrol and diesel, President Bola Tinubu has facilitated the availability of Compressed Natural Gas (CNG) for vehicles at N230 per litre. This initiative offers a cheaper and cleaner alternative to petrol, which currently sells for over N900 per litre, […]

News

More economic hardship still coming – Primate Ayodele

The leader of INRI Evangelical Church, Primate Ayodele has advised President Bola Tinubu to change his approach towards economic hardship as he still foresees more economic crises for Nigeria.   In a statement signed by his media aide, Osho Oluwatosin, the prophet commended President Tinubu for his intervention in the Naira devaluation issue but maintained that the […]

News

Tinubu Administration Plans to Trim Presidential Air Fleet, Sells Three Aircraft to Cut Costs

The Tinubu Administration has announced its intention to offload three aircraft from the Presidential Air Fleet (PAF). This strategic decision comes against the backdrop of mounting concerns over the escalating maintenance expenses associated with the fleet. Currently housing ten aircraft, including six jets and four helicopters, the proposed divestment would see the fleet downsized to […]

Crime

Breaking: Detained Binance Executive Escapes Custody in Nigeria

Mr. Anjarwalla, one of the Binance executives detained in Nigeria for alleged tax evasion and other offenses, has reportedly escaped from lawful custody, according to sources familiar with the matter as reported by PREMIUM TIMES. Escaping a day after the Nigerian government levied a four-count criminal charge against him, Tigran Gambaryan, and Binance, Nadeem Anjarwalla, […]

News

Niger State Governor Backs Obi’s Criticism of Ukraine’s Food Donation to Nigeria

At the Leadership Award ceremony held at Transcorp Hilton, Abuja, on Tuesday, the Niger State Governor, Mohammed Umar Bago, voiced his support for Peter Obi’s condemnation of Nigeria’s acceptance of food donations from war-torn Ukraine. Both Bago and Obi were honored at the event. In a video circulating on Timeless Update, Governor Bago echoed Obi’s […]

News

Obanikoro Suggests FG May Be Covering Dollar-Naira Gap in Petrol Price

Former Minister of State for Defence, Senator Musiliu Obanikoro, has suggested that the Federal Government (FG) might be bridging the widening Dollar-Naira gap in determining the final price of Premium Motor Spirit (PMS), commonly known as petrol. In an interview with Channels Television’s Sunrise Daily on Wednesday, Obanikoro shared his insights on the recent surge […]

News

Customs Seizes 120 Trucks Smuggling Food Items to Neighbouring Countries

The Nigerian Customs Service, under the leadership of Comptroller General Bashir Adewale Adeniyi, has intercepted a staggering 120 trucks attempting to smuggle food items out of Nigeria. Addressing a sectoral debate organized by the House of Representatives, Comptroller General Adeniyi disclosed that President Tinubu has directed the seized trucks to be redirected to local markets […]

News

Peter Obi Laments as War-Torn Ukraine Donates Food Aid to Nigeria

Former presidential candidate of the Labour Party in Nigeria’s 2023 general election, Mr. Peter Obi, expressed dismay yesterday over Nigeria’s reliance on food donations from war-torn Ukraine, highlighting it as a stark reflection of government failures. In response to Ukraine’s recent donation of 25,000 tonnes of wheat to alleviate food shortages in Nigeria’s northeastern region, […]

News

Former Governor Yuguda Reveals Nigeria Still Paying Fuel Subsidy

Former Bauchi State Governor, Isa Yuguda, disclosed in an interview on Channels Television’s Politics Today that the federal government continues to pay subsidies on petroleum products, contradicting President Bola Tinubu’s earlier announcement of its removal. President Tinubu had declared the end of fuel subsidy in his inaugural speech, emphasizing that the 2023 Budget did not […]

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