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Can Ilorin restaurants help nourish Kwara economy?

Nigeria, April 10 -- As the car moved slowly through the Geri-Alimi intersection in Ilorin, I knew immediately the emirate city had moved past my imagination. It was in the last week of January, almos... Read More


IMF increases Nigeria's 2021 economic growth forecast

Nigeria, April 6 -- The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 to 2.5 per cent from its earlier projection of 1.5 per cent it announc... Read More


Access to land stifling agric development in Niger Delta, Group says

Nigeria, April 2 -- Access to arable land for agriculture is stifling the productivity of farmers in the Niger Delta region of the country, a group, Foundation for Partnership Initiative in the Niger ... Read More


What to know about Naira 'devaluation', Nigeria's unclear exchange rate policy

Nigeria, March 30 -- Over a week ago, Nigeria's finance minister, Zainab Ahmed, stirred controversies when she said that Nigeria had adopted a new flexible exchange rate policy for official transactio... Read More


JUST IN: Nigerian govt finally admits paying petrol subsidy, says can't continue

Nigeria, March 25 -- The federal government on Thursday admitted paying as much as N120 billion to subsidise the price of petrol monthly. The Minister of State for Petroleum Resources, Timipre Sylva,... Read More


MALABU SCANDAL: Dan Etete hails Italian verdict, says he has no case to answer in Nigeria

Nigeria, March 23 -- A former Nigerian oil minister, Dan Etete, has hailed the verdict of an Italian court that acquitted Shell, Eni and their managers in the Malabu scandal. PREMIUM TIMES reported h... Read More


CBN to announce lending rate as Nigeria economy faces stagflation

Nigeria, March 23 -- As the Nigerian economy faces stagflation amid rising unemployment, run-away inflation rate, high food prices and lower economic output, the Central Bank of Nigeria's Monetary Pol... Read More


Nigeria to spend N103 billion monthly on petrol subsidy

Nigeria, March 19 -- As it has become clear the Nigerian government has continued to subsidise the price of petrol, a PREMIUM TIMES analysis has shown the nation may be expending a whopping N102.5 bil... Read More


FAAN MD appointed into board of global aviation council

Nigeria, March 18 -- The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Rabiu Yadudu, has been appointed member of the World Governing Council of the Airports Council Internati... Read More


Malabu Scandal: Italian court acquits Shell, Eni managers

Nigeria, March 17 -- An Italian court has declared Shell, Eni and their managers all acquitted in the controversial Malabu scandal. PREMIUM TIMES gathered that they were all acquitted by the court on... Read More