The Nigerian government said it has finalised the processes to implement an executive order eliminating Value Added Tax (VAT) and excise duties on pharmaceutical products and medical devices. This was announced Wednesday in a statement posted on X and signed by the Head of Information and Public Relations at the Federal Ministry of Health and

Adedeji Sanusi was staying over at a friend’s house in Ilorin, Kwara State, north-central Nigeria, in 2015 when the police burst open the door to arrest his host in connection with an armed robbery case – an offence punishable with death in Nigeria. Mr Sanusi was arrested alongside his host. His explanation that he was

Amidst the Wednesday’s upward review in petrol pump price, some filling stations in the nation’s capital, Abuja, are currently selling petrol cheaper than those of the Nigeria National Petroleum Company Limited (NNPC Ltd), signaling a shift in the country’s fuel market dynamics. Earlier on Wednesday, PREMIUM TIMES reported that petrol pump prices rose to N998 and N1,030

Covenant University (CU) has again been listed as Nigeria’s overall best university in Times Higher Education (THE) 2025 Rankings. In the 2025 rankings, the Ahmadu Bello University, Zaria came second, displacing the University of Ibadan which occupied the position for the 2024 rankings. The Times Higher Education World Rankings is a comprehensive global ranking of

The Nigeria Labour Congress has decried the recent hike in the price of Premium Motor Spirit popularly known as petrol nationwide. The union also demanded an immediate reversal of the hike while accusing the government of only focusing on fuel price increments. The NLC in a statement signed by its president, Joe Ajaero, on Wednesday,

Major oil marketers are to begin the direct purchase of Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery between Thursday and next week as the Nigerian National Petroleum Company Limited pulls out as sole off-taker of the product from the $20bn plant. Multiple sources from NNPC and the Major Energies Marketers Association

Covenant University has once again secured the top spot in the Times Higher Education World University Rankings 2024. The ranking, which evaluates universities across various performance metrics, placed the Ota-based institution ahead of other leading Nigerian universities, reaffirming its position as a leader in higher education. The rankings, which surveyed 1,907 universities across 108 countries,

The Federal Government has hinted at the termination of the Reynolds Construction Company Osun-Ogbomosho road contract over an 18-year delay in the completion of the project. The Minister of Works, David Umahi, disclosed this on Tuesday during a joint inspection of the Lagos-Calabar Coastal Highway, Lagos-Ota Expressway and Lagos-Sagamu road. He said, “The Osun-Ogbomoso road

The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed the approval of an airstrip for Canaanland, the property known to be sitting the Living Faith Church in the Ota area of Ogun State. Founder of the Church, also known as Winners Chapel, David Oyedepo, was seen in a short video celebrating the development,

The President of Dangote Group, Aliko Dangote, has said that Nigeria needs to stop mortgaging crude oil to ensure the availability of feedstock for local refineries. Dangote, who spoke at a summit organised by the Crude Oil Refinery Owners Association of Nigeria in Lagos, said it was unfortunate that while countries like Norway are putting