In a fresh attempt to deepen its market share, Xiaomi, one of the leading mobile phone brands in Nigeria has launched new Redmi Note 10 5G into Nigerian market. Speaking on this development in a statement made available to newsmen recently in Lagos, Mr. Somoye Habeeb, Marketing Director, Xiaomi said,[Read More…]
Author: Godwin Anyebe
BREAKING: Farouk Lawan Bags 7-Year Jail Term For Bribery
A Federal Capital Territory (FCT) High Court has sentenced Hon Farouk Lawan, a former member of the House of Representatives, to seven years imprisonment over the fuel subsidy scandal. Lawan was found guilty of soliciting bribe from billionaire businessman, Femi Otedola, during the probe of fuel subsidy in 2012. He[Read More…]
BREAKING: Lagos council Chairman, Olufunmi Olatunji is dead
The Chairman of Eti-Osa East Local Council Development Area in Lagos State, Hon. Olufunmi Rafiu Olatunji is dead. DAILY POST gathered the council boss died on Monday night after battling with health challenges. His media team, while confirming the unfortunate demise on Facebook, revealed that he would be buried today[Read More…]
FG has spent $5bn in fighting poverty – Sadiya Farouq
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said the Federal Government has spent over $5bn since 2016 to fight poverty in the country. The minister said this during the presentation of letters of engagement and electronic tablets to 248 monitors of the National Social[Read More…]
Brand Value: Ronaldo’s Tacit De-marketing of Coca-Cola
The gesture made by popular Portuguese soccer star, Cristiano Ronaldo, during a press conference heralding the match between Portugal and Hungary at the ongoing EURO 2020, has continued to generate debate among brand analysts and stakeholders. At a press conference last Monday, prior to Portugal’s game against Hungary, the superstar[Read More…]
Solid minerals revenue grows by 15% to N79.96bn, says NEITI
Revenue from the solid minerals sector grew by 15 percent to hit N79.96 billion in 2019, an audit report by the Nigeria Extractive Industries Transparency Initiative, NEITI, has revealed. The 2019 audit report of the solid minerals sector released by NEITI on Sunday stated that revenue from the sector in[Read More…]
Fashola: Why Nigeria Needs To Continue Borrowing
The Minister of Works and Housing, Babatunde Fashola, has justified the loans obtained by the Federal Government, saying the country needs to borrow for development. Critics of the current administration have at different times accused President Muhammadu Buhari of mortgaging the future of Nigerians, especially the younger generation. But speaking[Read More…]
Kebbi Attack: Governor Bagudu vows to lead search and rescue operations in forest
The Kebbi State Governor, Abubakar Bagudu, has vowed to lead a search and rescue mission into the forest where over 100 students kidnapped on Thursday from Federal Government College, Birnin Yauri, are believed to be held by their kidnappers. PREMIUM TIMES reported that bandits abducted a large number of students[Read More…]
Fayemi: Ethnic Bigotry Fueling Insecurity, Secessionist Agitation
Ekiti State Governor, Dr. Kayode Fayemi has blamed security challenges nationwide on the growing embers of ethnic and religious bigotry that has become prevalent in the country. He made these remarks during a colloquium commemorating the June 12 1993 election in Ado Ekiti on Friday, blaming insecurity and separatist agitation[Read More…]
ECOWAS to launch single currency in 2027
The Economic Community of West African States (ECOWAS) on Saturday dusted up its plan to launch a single currency for member nations. The union agreed on a new road map to launch ECO in 2027, six years away. The previous plan was truncated by the coronavirus pandemic. The president of[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]