Special Reports

At least N121 billion of the N242 billion federal lawmakers approved for the 2019 general elections will be drawn from funds meant to cater for poor Nigerians. The money is to be drawn from the N500 billion allocated to the Special Intervention Programme (SIP), a fund set aside for the social safety programmes of the Buhari administration. The decision to …

As the canoe snaked gently from the old wooden structures of Makoko into the lagoon, shirtless kids repairing fishing nets sat on a bench on the edge of Nigeria’s famous slum community. The Makoko water smelled decaying fishes and waste. A few metres away stood the Third Mainland Bridge, linking Lagos Island and the city’s mainland. The bridge, reputed as …

The bloody violence that erupted after Nigerian soldiers opened gunfire on Shiite protesters on the outskirts of Abuja Monday afternoon left at least 21 members of the Islamic Movement of Nigeria (IMN) dead, PREMIUM TIMES can report following an assessment of the aftermath. The fresh evidence collected by this newspaper throughout Tuesday questions the official account by the Nigerian Army …

When Mama Adekunle, as she is fondly called, heard the news of the birth of a child to her son, she did what most new grandmothers in Nigeria do – she rushed over to perform her traditional duty of taking care of the new mother and child. This duty includes passing knowledge to the new mother on how to bathe …

…Iyase of Benin calls home demolition an abomination in the land …I see fraud in this matter, says Donald Inwalomhe, an Activist and security expert Like every patriotic citizen in the Diaspora, his plan was to retire to his native land and contribute to the development of his dear nation, Nigeria. After many years in the United States of America, …

President Muhammadu Buhari, earlier this week, terminated a new defence procurement contract initiated by the members of his cabinet over allegations of fraud. The contract, signed off by the Federal Executive Council in December 2017, would have seen the contractor, HSLi, net $195 million in exchange for an undisclosed number of special mission aircraft, special mission helicopters and 12 fast …

Even as the Nigerian economy is struggling to maintain stability after managing a recovery last year from one of the worst recessions in its history, Nigeria appears to be sitting on a tinderbox that could wipe off a sizeable chunk of its foreign reserves, derail the 2018 budget and plunge the economy back into recession. Two arbitration awards totaling over …

MRS holdings Ltd, oil marketing company of Nigerian billionaire, Sayyu Dantata, and international oil giant, Chevron, are at the centre of a N360 billion [$1 billion] secretive oil deal that is raising fresh tax avoidance worries in Nigeria and across West Africa, new details from the Panama Papers reveal. Details of this tax scheme emerged out of fresh evaluation of …

It was the vibration of the ringing phone that jolted him from sleep. The room was dark and cozy. The air conditioner hanging on the wall worked silently to keep the room as cold as London where he returned from earlier in the morning. Outside, the sun was blazing as the power generator churned out alternating currents to keep the …

On Sunday, March 18 this year, the Israeli police arrested three senior officials of Israel Shipyard Limited on charges of bribing government officials in Nigeria. The company’s Vice President for Marketing, Oded Breier, was one of the suspects arrested. The next day, Samy Katsav, another senior Israeli defence businessman, was questioned by police in connection with the same bribery case. …