Diamond Celebrities

Pirates have kidnapped 12 crew members from a Swiss cargo vessel in Nigerian waters. Massoel Shipping said its vessel, MV Glarus, was carrying wheat from Lagos to Port Harcourt when it was attacked on Saturday. “The pirate gang boarded the Glarus by means of long ladders and cut the razor wire on deck,” the firm […]

The US ambassador to the UN has urged Iran to “look in the mirror” for the causes of an attack on a military parade that killed 25 on Saturday. Nikki Haley said Iranian President Hassan Rouhani had “oppressed his people for a long time”. She was responding to Mr Rouhani’s fierce criticism of the US, […]

President Muhammadu Buhari will depart for New York today, to participate in the 73rd Session of United Nations General Assembly (UNGA73) which officially opened Tuesday, his office has said. A statement by presidential spokesman, Femi Adesina, gives details of Mr Buhari’s engagement at the UN event. Part of the statement is below: “The theme for […]

Anthony Joshua, British boxer, has beaten his mandatory challenger, Russia’s Alexander Povetkin by a knockout in the seventh round, to keep hold of the WBA, (Super) IBF, WBO and IBO belts. Joshua born by Nigerian parents, beat the Russian at the Wembley Stadium on Saturday night, to hand the Russian, his first knockout defeat in […]

Denys Gauer, outgoing French ambassador to Nigeria, says he does not believe that foreigners are involved in the killings across the country. The French’s envoy position contradicts that of President Muhammadu Buhari. Buhari had said that the killings are as a result of the influx of mercenaries from the Sahel region. “It has always been […]

The British Deputy High Commissioner in Nigeria, Laure Beaufils, has, over the weekend, disclosed that the UK government will spend about 47. 4 million pounds on Deepening Democracy in Nigeria Programme Phase 2 (DDiN2), saying that the DDiNs is a programme funded under the Department for International Development (DFID), arm of the Commission and is geared towards […]

Nigeria’s foreign debt currently stands at $22.08 billion according to the National Bureau of Statistics (NBS). The bureau puts domestic debt at N3.48 billion. The NBS in the Nigerian Domestic and Foreign Debt Q2 2018 report released in Abuja shows that $10.88billion of the debt is multilateral and $274.98 million is bilateral. Multilateral debts are debts owed by developing countries […]

The Central Bank of Nigeria (CBN) on Friday announced the takeover of Skye Bank by a bridge bank, Polaris. Here, Premium Times brings you 10 basic things to know about the entire process and future expectations: 1. Skye bank’s operating licence has been withdrawn The Central Bank of Nigeria has withdrawn the licence of the […]

The Central Bank of Nigeria (CBN) on Friday announced the takeover of Skye Bank. The apex bank also withdrew the operating licence of the bank. Godwin Emefiele, CBN governor, said in consultation with the Nigerian Deposit Insurance Corporation (NDIC), the CBN decided to establish a bridge bank, Polaris Bank, to assume the assets and liabilities […]

A woman opened fire with a handgun on Thursday at the warehouse where she worked in the eastern US state of Maryland, killing three people and wounding another three in the country’s latest mass shooting, police said. The suspect — a 26-year-old who was not identified — died after shooting herself in the head, Harford […]

The president of Senate, Bukola Saraki, on Thursday said the All Progressives Congress (APC) led by President Muhammadu Buhari lacks the vision, capacity and patience required to develop Nigeria. According to a statement by Fidelis Soriwei, the spokesperson of the governor of Bayelsa State, Mr Saraki made the comment when he led his campaign team […]

Another minister serving in President Muhammadu Buhari’s cabinet has been found to have skipped the mandatory national youth service scheme, an offence that may see him lose his position and earn him jail term. The Minister of Communications, Adebayo Shittu, failed to participate in the NYSC scheme despite graduating from the then University of Ife […]

The Federal Government has approved the mandatory use of the National Identification Number (NIN) from January 1, 2019. This was disclosed at the Federal Executive Council meeting following the implementation of a strategic roadmap for “Digital Identity Ecosystem” in Nigeria. The digital identity Ecosystem is a framework that leverages on the existing capabilities and infrastructure […]

The Nigerian government on Wednesday announced immediate suspension of its widely publicised national carrier, two months after it was unveiled at an international air show. Hadi Sirika, Nigeria’s aviation minister, made the announcement shortly after the cabinet meeting on Wednesday afternoon. He later posted the announcement on Twitter. “I regret to announce that the Federal […]

A controversial new study has been published that claims that they have DATA to prove, that African American men are prone to cheat on their wives. In addition to gender and age, the study shows that the infidelity rate changes based on a number of other demographic and social factors. The study claims to find […]

The federal government has boasted that it has moved 10.073million Nigerians from poverty to prosperity. The minister of Budget and National Planning, Sen. Udoma Udo Udoma made the claim Tuesday while speaking on arrangements for the 24th Nigerian Economic Summit (NES#24) held at the conference room of the ministry in Abuja. He said federal government […]

South Africa’s highest court has legalised the use of cannabis by adults in private places. Pro-marijuana activists cheered in the public gallery and chanted “Weed are free now” when the Constitutional Court gave its landmark ruling. In a unanimous ruling, judges also legalised the growing of marijuana for private consumption. South Africa’s government had opposed […]

Senate President Bukola Saraki says though Nigerians voted for President Muhammadu Buhari in 2015, a cabal is now in charge of the country. Saraki who is one of the presidential aspirants of the Peoples Democratic Party (PDP), said this when he visited members of the party in Oyo state, to solicit support ahead of the primary […]