The Nigerian National Petroleum Company Limited (NNPCL) says foreign exchange illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), popularly known as petrol. These, it said, are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA). GISTSMATE MEDIA reports that the newest…
GISTSMATE MEDIA reports that Rich Homie Quan, a platinum-selling rapper from Atlanta, USA, is dead RHQ died Thursday in his Atlanta home, according to his family and a rep for the Fulton County morgue. Rich Homie Quan’s family tells TMZ Hip Hop they are shattered and heartbroken by his sudden death. No cause of death…
Vice President, Kashim Shettima, on Thursday summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. The Vice President also summoned the National Security Adviser, Nuhu Ribadu over the recent hike in the price of Premium Motor Spirit (PMS),…
The federal government has commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at subsidised rates of N40,000 per 50-kilogramme bag. “It is my pleasure to welcome you all to this historical, all-important and long-awaited inauguration of the sales of 30,000MT of federal government-milled rice to Nigerians at a subsidised rate of…
The federal government says it has reviewed the feeding allowance of all the inmates serving their respective terms in the Nigeria Correctional Service (NCoS) across the country by 50 per cent Daily Trust reports that the review came on the heels of a recent viral video which showed that inmates complained of poor feeding in…
A Magistrate Court sitting in Akure has ordered the remand of a 31-year-old Pastor of Cherubim and Seraphim Church, Victor Oluwasegun, to a correctional center for impregnating a 15- year old girl. The Pastor was said to have also impregnated five other young girls in the family way. Oluwasegun was said to have had unlawful…
The Senior Special Adviser to Ondo State Governor on Students Affairs, Hon Kelvin Solomon Olaolu has felicitated with George Adesola Asonja, Esq on occasion of his birthday. Director of Protocol to Ondo State Governor Hon. Olaolu described Asonja, the Director of Protocol to Ondo State Governor as a committed man, who has been very responsible…
North Korean leader Kim Jong Un has reportedly executed up to 30 officials following their alleged failure to prevent catastrophic flooding and landslides that caused around 1,000 deaths. According to South Korean media, Kim blamed the officials for the “unacceptable loss” of life and demanded strict punishment for those responsible. The executions reportedly took place…
The Lagos State Police Command said a 23-year-old Ayomide Adeleye, the suspected killer of Christiana Idowu, a 300-Level student of the Federal University of Agriculture, Abeokuta, Ogun State has been handed over to the Command by 9 Brigade Nigeria Army. The Command’s spokesman, SP Benjamin Hundeyin disclosed the transfer on Thursday via his verified X…
The police have confirmed the arrest of the operatives who allegedly extorted N3 million from a Nigerian man in Bayelsa State, South-south Nigeria. The Force spokesperson, Muyiwa Adejobi, disclosed this in a post on his X handle on Thursday. PREMIUM TIMES earlier reported how some police operatives allegedly extorted money from the man, Kelechi Isaac,…