Nigeria is increasingly liberalizing its financial services sector away from a total dependence on banks to include providers with different business models and distribution channels. The latest step in that evolution is the granting of ‘payment service bank’ licenses to Read more…
Month: May 2022
The US has assisted Kiev’s forces in killing Russian generals by sharing intelligence on their location inside Ukraine, the New York Times reported on Thursday, citing senior American officials. Washington reportedly provided Kiev with information on Russia’s mobile military headquarters, Read more…
Many people were, Friday night, feared killed when an explosion rocked an illegal crude oil refinery in Abaezi forest, Ohaji-Egbema Local Government Area of Imo State. PREMIUM TIMES learnt that several persons were also seriously injured and six vehicles razed in Read more…
The Anambra State Governor, Prof. Chukwuma Soludo, on Wednesday, declared a state of emergency on insecurity and infrastructure in the state. Soludo assured the people that he would make the state an industrialisation hub. The governor stated this in Awka, Read more…
The Nigerian Communications Commission (NCC) has confirmed issuance of final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December 13, 2021. Read more…
The outlawed separatist group, Indigenous People of Biafra (IPOB), has reacted to the beheading of a military couple in Imo State, denying involvement in the murder. IPOB in a statement on Wednesday signed by its spokesperson, Emma Powerful, disclosed that Read more…
From Isaac Ojo Aspirants who are hoping to represent different constituencies in the National Assembly and Anambra State House of Assembly in the Peoples Democratic Party (PDP) on Wednesday expressed fear that the party may not produce candidates in the Read more…
As President Muhammadu Buhari begins a two-day visit to Ebonyi State, South-east of Nigeria on Thursday, a pro-separatist group in the region, the Movement for the Actualisation of the Sovereign State of Biafra (MASSOB), has demanded the immediate release of Nnamdi Kanu Read more…
Foundation members of the All Progressives Congress (APC) in Ebonyi State, have appealed to the National Working Committee (NWC) of the party to direct the use of the Direct Primary method in electing the party’s flag bearers ahead of the Read more…
Protesters, numbering thousands, on Wednesday, stormed the national secretariat of the All Progressives Congress (APC) to demand that the ruling party should zone its presidential tickets to the southern part of the country. Speaking on behalf of the protesters yesterday Read more…
Four oil reservoir tanks are ablaze after Ukrainian forces allegedly shelled the city of Makeyevka in the Donetsk Republic, local authorities reported on Wednesday. According to the territorial defense forces of the Donetsk People’s Republic (DPR), one person was killed Read more…
Since the beginning of Russia’s invasion of Ukraine, Pope Francis has floated the idea that he wants to take a trip to Kyiv to try to broker a ceasefire. But now he says he would prefer to go to Moscow to try to talk Read more…