An 86-year-old man identified as Elder Okoro hawks mothballs popularly called (camphor ball) in Benin, Edo State. Speaking to a Facebook user Kola Edokpayi, on Friday September 18, the octogenerian said he makes the sum of #6,000 fortnighly from the sale. “Elder Okoro, 86 years old man happily hawking mothballs popularly called (camphor ball) in Benin. According to…
The Nigeria Labour Congress, NLC, has issued a two-week ultimatum to the federal government to reverse the recent hike in electricity tariff and the pump price of petrol or face a nationwide strike. The Labour Congress issued the ultimatum after its Central Working Committee meeting which held for several hours in Abuja today September 16.…
Oyo State Government through the Ministry of Youth and Sports organises A Day Training for Youths in Ibarapa ZoneEarly this year, the Nigerian Export Promotion Council held a stakeholders meeting in Abuja where States were encouraged to key into the new idea of introducing the Youth to Non-Oil Export Business, promote the initiative and replicate…
Niger Republic, a country that started commercial oil production in 2011, now exports petroleum products to Nigeria. For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries. According to Guardian, data obtained from the African Refiners & Distributors Association (ARA) revealed that strong…
In a bid to stimulate the economy, the Central Bank of Nigeria (CBN) has slashed the interest rate payable on monies deposited in savings accounts from the previous benchmark of around 3.75 per annum to around 1.25% per annum According to a circular issued to all banks, the rate cut is effective from today September 1, 2020.Analysts say…
The governing body in charge of London’s financial district is openly asking for opinions to help make decisions in bringing down statues and other landmarks with historic links to slavery and racism, as part of its response to the Black Lives Matter movement. The City of London Corporation which runs the area that is home to…
Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited, has denied reports of being jailed in the United Kingdom. Premiumtimes had on Wednesday, August 19, reported that Justice Butcher of England and Wales High Court had handed a 10-year sentence on the Nigerian oil mogul after he was found guilty of breaching multiple orders of the court…
The Nigerian embassy in Canada has been shut down following an attack launched against its staff. The comission in a statement shared on its official website, said it had devised a system in which citizens with emergency cases were attended to strictly by appointment that allowed a limited number of people into the chancery at a…
Ride-hailing operators in Lagos state will from August 27, start paying a levy of N20 known as road improvement fund on each trip their drivers make in a day. The agreement was reached on Friday August 14, after a three-hour meeting between the Lagos state government and e-hailing ride operators. In a statement signed by the Chief Press…
Tech giants Apple, Facebook and Microsoft are among 52 major companies that have denounced Trump’s restrictions on employment-based visas. Back in June, Trump signed into law a series of new restrictions on visas that prevents foreign workers from coming into the United States, saying the high unemployment caused by the Coronavirus pandemic was an opportunity…