China’s economy enters deflation with July’s consumer prices drop, the first in over two years.
China’s economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. Analysts said this increases pressure on the government to revive demand in the world’s second largest economy. China’s gross domestic […]
Ghana opposition party demands central bank governor’s resignation in 3 weeks
The main opposition party in Ghana has given a 3-week ultimatum to the country’s central bank governor and his deputy to resign. The National Democratic Congress accuses Ernest Addison of “recklessness” and mismanaging the bank – with the bank accused of illegally printing money and spending over $8.6m on travel expenses. In the fiscal year 2022, the Bank of […]
Presidential Committee: 63 Government Ministries, including Customs, to halt direct revenue collection.
The Presidential Committee on Tax Policy and Fiscal Reforms has revealed that the NIGERIA CUSTOMS SERVICE and 62 other Ministries of the Federal Government will stop direct collection of revenue. Chairman of the Committee, Taiwo Oyedele, in an interview today said the Federal Inland Revenue Service (FIRS) will now collect revenue for the MDAs. The Arewa Youth Consultative […]
Nigerian doctors on strike call off scheduled protest following discussions with Senate leaders.
The Nigerian Association of Resident Doctors (NARD) has put on hold their scheduled daily nationwide protest following a closed-door meeting with key Senate officials on Tuesday. NARD President, Emeka Orji, confirmed this development to PREMIUM TIMES on Wednesday morning. An announcement from the office of the Senate President, Godswill Akpabio, had also hinted at the […]
Tinubu appoints a 400-level University of Ibadan student to the Tax Reforms Committee.
President Bola Ahmed Tinubu has chosen Orire Agbaje, a 400-level student at the University of Ibadan, to be a member of the Presidential Committee on Fiscal Policy and Tax Reforms. The committee’s inauguration took place on Tuesday in Abuja. In a tweet on Tuesday, the presidency revealed, “Among those inaugurated by President as members of […]
Negotiations between Bayern Munich and Tottenham are ongoing.
Negotiations between Bayern Munich and Tottenham are ongoing, despitethe latest and ‘final’ offer for Harry Kane being rejected.Tottenham tested Bayern’s resolve after the German champions made it clear itwas their final offer.Reports allege neither side has walked away completely from the negotiations.Kane was due to be discussed at a meeting of Bayern Munich’s executives onMonday […]
First Lady Hosts D’Tigress, hails team as placing Nigeria on global map of excellence.
The First Lady, Senator Oluremi Tinubu, has hosted the female nationalbasketball team, D’tigress of Nigeria, to a reception at the State House, Abuja.Mrs Tinubu, according to a release issued late yesterday by her media adviser,Bisola Kukoyi, described their performance on the basketball court as atestament of hard work, discipline and commitment to excellence and this […]
Ukraine’s security service says a woman has been ARRESTED over a Russian plot to kill President Volodymyr Zelensky.
The service said she had tried to find out the itinerary ahead of his visit to flood-hit Mykolaiv back in June.Ukraine regularly accuses local residents who support Russia of passinginformation to help Moscow’s military.Zelensky had confirmed he had been informed about the arrest, saying the headof the SBU had updated him about the “fight against […]
Ecowas breaks post-Niger-deadline silence, to reconvene on Thursday.
West African’s regional bloc Ecowas says it will hold a summit in Nigeria’scapital, Abuja, on Thursday to discuss the crisis in Niger following a militarycoup.Ecowas had given the coup leaders seven days to reinstate the elected presidentor face the possibility of military intervention.However the deadline passed on Sunday with no change to the situation.A delegation […]
On August 6, 2023, the Nigerian Air Force Special Forces rescued seven kidnapped individuals, including six females and one male.
The Nigerian Air Force (NAF), says its Special Forces on night patrol on August 6,2023, near Birnin Gwari in Kaduna state, rescued 7 kidnapped victims comprising 6females and a male.A statement by NAF spokesperson, Air Commodore Edward Gabkwet, said thefemale victims on interrogation disclosed that they were kidnapped from Paikoro inNiger state, while the male […]
