Biden proposes $33bn to help Ukraine in war
Mr. Biden said it was “critical” for US lawmakers to approve the deal, which he said would help Ukraine defend itself. The proposal includes more than $20bn in military aid, $8.5bn in economic aid, and $3bn in humanitarian aid. “It’s not cheap,” Mr Biden said on Thursday. “But caving to
Court remands woman accused of employment fraud in Kaduna
The Kaduna Zonal Command of the EFCC on Thursday, April 28, arraigned one Salamatu Isah (aka Uwar Marayun Matasan Arewa) before Justice Darius Khobo of the State High Court, Kaduna on a one-count charge bordering on obtaining by false pretence. Salamatu, who is standing trial on multiple fraud charges, is
International airlines shun new Lagos terminal over space constraints
International airlines operating in Nigeria are not using the new terminal at the Murtala Muhammed International Airport (MMIA), Lagos, launched over one month ago because of space constraints. While Air Peace, the largest domestic airline in Nigeria last week commenced regional and international flight operations from the new terminal, the
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