Trevor Reed: Parents overjoyed at release of US Marine in Russia
The parents of a US Marine freed in a prisoner swap with Russia have spoken of their joy at his release. Trevor Reed had been held in a Russian jail since 2019. He was traded for Konstantin Yaroshenko, a Russian jailed on drug-smuggling charges. Speaking outside the Reed home in
Ukraine war: Putin warns against foreign intervention
Any country trying to intervene in the Ukraine war will face a “lightning-fast” response, Russian President Vladimir Putin has warned. “We have all the tools no-one can boast of… we will use them if necessary”, he said, in what is seen as a reference to ballistic missiles and nuclear arms.
Currency in circulation drops for third consecutive month
Quantity of currency in circulation in the country dropped by N4.59bn to N3.24 trillion in March from N3.25 trillion in February 2022. The Central Bank of Nigeria (CBN) disclosed this in its updated Money and Credit Statistics on its website on Tuesday. In January, the apex bank reported that there
FG targets 21 million jobs from investments
The Federal Government is planning to generate 21 million full-time jobs through massive investment in social infrastructure and services, the Minister of State, Finance, Budget and National Planning, Prince Clem Agba, said on Monday. According to him, the decision to generate the 21 million jobs was one of the outcomes
Buhari’s acclaimed praise singer, Rarara tackles President in new song
President Muhammadu Buhari’s acclaimed praise singer, Dauda Kahutu, popularly known as Rarara, has spoken against what he perceived as the shortcoming of the current administration in a new song. In the song, he led a group of other prominent Hausa singers under the 13-13 Kannywood. The news of the
Nigerian house of representatives lawmaker, Nse Ekpenyong, is dead
Nse Ekpenyong, Nigerian lawmaker representing Oron Federal Constituency of Akwa lbom State in the House of Representatives, is dead. Ekpenyong, 58, reportedly died on Saturday. The chairman of Mbo Local Government Area, where Ekpenyong hailed from, Asuqwo Eyo, confirmed the death to PREMIUM TIMES, but said the federal lawmaker was
Transcorp Power posts N74.3bn revenue as sector’s finances improve
Transcorp Power Limited, owner of the 972 megawatts capacity power plant in Ugheli, Delta State, has announced revenue growth of N74.3bn in 2021 following the recent improvements in the financial performance of Nigeria’s power sector. In the 2021 annual report and financial statement of Transcorp Group, the Group Chairman, Tony
Nigerian government reopens Idiroko, three other land borders
The Nigerian Government on Friday approved the reopening of four additional land borders shut three years ago as part of efforts to curtail smuggling and boost local production of rice. President Muhammadu Buhari had in August 2019 closed major borders as part of efforts to curtail smuggling and boost
Water pollution: Stakeholders urge Nigerian government, Osun state to stop illegal gold mining
The Nigerian Government and the Osun State Government have been urged to find a lasting solution to the water pollution and hazard illegal gold mining was causing to about two million residents of the state. The call was made at a stakeholders’ forum organised by the United States Consulate
Agents to shut down Lagos ports over 15% levy
The Association of Nigerian Licensed Customs Agents (ANLCA) says they will embark on a one-day warning strike on April 25, over the introduction of 15 per cent National Automotive Council (NAC) levy. Rilwan Amuni, Taskforce Chairman of ANLCA, said this in a circular obtained by the Adaeventsnews on Friday in