“The survey used quantitative method to elicit responses from the consumers, and also focused on such demographics as gender – Male 50%, Female 50%; Social Class: AB 15%, C1 C2 40%, DE 45%; Age: 18-25, 30%, 26-35, 30%, 36-50, 25%, 51+ 15%” The Pan-African conglomerate, Dangote Industries Limited (DIL) and its Africa’s leading cement manufacturer subsidiary, Dangote Cement Plc have been adjudged the Largest Corporate Bond lodgment on FMDQ in the gold category and the 2022 Most Trusted Brand of the Year respectively. On the back of the Largest Corporate Bond lodgment on the FMDQ award came recognition with the…
Author: Abdallah el-Kurebe
“We must strengthen our synergy in the realisation of our quest to leave a legacy that will take Nasarawa state to the promise land” Nasarawa state governor, Abdullahi Sule has presented a budget of N148.9 billion for the 2023 fiscal year to the State House of Assembly for approval. Sule, while laying the appropriation bill tagged “Budget of Economic Consolidation and Continuity” before the assembly on Tuesday in Lafia, said his administration would continue to ensure transparency, accountability and rule of law for the development of the state. The governor explained that N90.56 billion representing 60.8 per cent of the…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, increased the country’s Monetary Policy Rate (MPR) by 100 basis points to 16.5 per cent from 15.5 per cent. Announcing the committee’s decision at the end of its two-day meeting on Tuesday, the CBN Governor, Mr Godwin Emefiele, said the MPC also decided to hold all other parameters constant. The Assymetric Corridor of +100/-700 basis points around the MPR was, thus, retained, the Cash Reserve Ratio (CRR) was retained at 32.5 per cent and Liquidity Ratio of 30 per cent was also retained. According to Emefiele,…
“The budget is anchored on the following key assumptions: crude oil price benchmark of $70/barrel, national crude oil production estimate of 1.5 million barrels per day, currency exchange rate of N435.67 to the dollar, national Gross Domestic Product growth rate of 10%, an inflation rate of 13.1% and state economic growth projection of between of between 4.5% and 5%” Rivers state governor, Nyesom Wike on Tuesday, presented N550,666,987,238 2023 appropriation bill to the State House of Assembly. According to the budget, the proposed recurrent expenditure is to the tune of N175,249,692,497, or roughly 31% of the total budget. The governor…
“The majority of members of Assembly voted for me but few of them who felt perhaps I did not follow the directive of the former governor, Dr Fayemi thought that they would make the state ungovernable for even the administration” At the Ekiti State House of Assembly, 17 out of the 25 lawmakers on Monday, impeached the speaker, Gboyega Aribisogan. They also suspended him indefinitely and elected Olubunmi Adelugba as the new speaker. It could be recalled that the leadership of the Assembly has been in crisis since the death of former speaker, Funminiyi Afuye who died at the Ekiti State…
The Editor-in-Chief of PREMIUM TIMES, Musikilu Mojeed will on 1 December, 2022, release his debut book to the Nigerian public. The book, The Letterman: Inside the ‘Secret’ Letters of former Nigerian President, Olusegun Obasanjo, published by PREMIUM TIMES Books, will be unveiled at a ceremony in Abuja, after which it will be available in bookshops. The Letterman, a 25-chapter narrative non-fiction, curates some of the most significant and historical letters written and received by former President Obasanjo, which compellingly tell the story of his life, as defined by and is defining of the story of his country, Nigeria and the larger African continent. A…
The Police Command in Lagos says it has arrested a 27 year-old woman, Miss Esther Paul for allegedly stabbing her boyfriend, one Sadiq Dahiru to death. The command’s spokesman, SP Benjamin Hundeyin confirmed the arrest on Sunday. Hundeyin said that the arrest was made on Sunday after Mr Kazeem Obafunso, the step father of the victim, reported the case to Ilasan Police Division. He said the report revealed that the 21 -year old victim was stabbed to death at about 1.00 a.m. The police spokesman said that a patrol team from the station was deployed to the scene at Oba…
Vice President Yemi Osinbajo, on Sunday, departed Abuja for Ottawa on the first high level visit to Canada since 2000 when former President Olusegun Obasanjo visited the North American nation. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, who disclosed this in a statement, said the visit would deepen diplomatic ties between Nigeria and Canada. Osinbajo will meet the Canadian Deputy Prime Minister, Chrystia Freeland, and other top parliamentarians and members of the Canadian government in Ottawa, on Monday. During the 3-day visit, issues and events around educational collaboration, technology, creative industry…
As a result of this policy, alcoholic beverages such as beer are only available in fan zones after 7 pm and in officially licensed entertainment venues It is officially confirmed that Qatari government has banned the sale of beer in eight stadiums that will be used as venues for the 2022 World Cup matches on Friday, 18 November. The ban shocked many football fans as it was issued just two days before the opening match. The policy prohibiting the sale of alcoholic beverages within the stadium’s perimeter has been confirmed by FIFA. As a result of this policy, alcoholic beverages…
The Director General of Peoples Democratic Party (PDP) Campaign Council in Sokoto state and former Minister of Transport, Yusuf Suleiman has said that the remained the best party to provide good governance for Nigerians and citizens of Sokoto state. Suleiman stated this at a stakeholders’ consultative meeting with members from Wurno and Gada local government areas on Saturday in Sokoto. According to him, while the PDP will continue with the right policies in the state and Nigeria as well as proffer the best solutions to address the present challenges in the country, the antecedents of the party over the years…