Author: New Daily Prime

Wale Edun, the Minister of Finance and coordinating minister for the economy, announced that the Nigerian National Petroleum Company (NNPC) Limited is set to begin settling its $6 billion debt to suppliers. This announcement was made during a meeting with investors in Washington, DC, on Wednesday. Edun addressed concerns about the financial obligations of NNPC, noting that while the government removed petrol subsidies on May 29, 2023, issues related to foreign exchange subsidies still impacted the company. “Although the subsidy was no longer on the balance sheet of the government, it did rear its head in terms of foreign exchange…

Nigeria’s First Lady, Oluremi Tinubu, has made a personal donation of 40 million Naira to support the victims of the devastating tanker explosion in Majiya village, Jigawa State. The explosion, which occurred last week, resulted in significant loss of life and property, leaving many families in urgent need of assistance. Alongside the financial contribution, Mrs. Tinubu also delivered essential food supplies to the affected families. Her gesture comes as part of a broader effort to provide immediate relief and support to those impacted by this tragic incident. During a visit to the site of the explosion, Mrs. Tinubu expressed her…

A new study published by the Microsoft has delivered a surprising finding that may make you think twice about your breakfast choices or consuming eggs. Researchers from the University of South Australia have discovered a potential link between daily egg consumption and an increased risk of developing type 2 diabetes. This study, which followed 8,545 Chinese adults participant found that those who consumed roughly one egg per day (approximately 57 grams) had up to a 60% higher risk of developing the disease compared to those who ate fewer eggs. This news comes as a surprise to many, as eggs have…

A new dramatic episode in the ongoing tension between Manchester City and Premier League unfolded today at the League’s head office in London on Wednesday. City fans protested outside the head office following a meeting between the clubs and the League executives. The meeting was held to address frictions following a tribunal ruling on the league’s associated party transaction rules.A vehicle outside the league’s office at Paddington carried a huge screen showing the crests of Arsenal, Liverpool, Manchester United and Tottenham with the inscription “Richard’s Masters” in subtle reference to the league’s Chief Executive Richard Masters. These had been the…

Big Brother Naija season 9 runner-up Wanni Danbaki stated that although she did not win the main prize, she believes she won. Wanni and her twin sister, Handi, began the competition together; however, Handi was eliminated in week eight. On the final day, October 6, The Nation reported that Wanni finished second to champion Kellyrae. Wanni expressed pleasure with her successes in an interview with Pulse, describing her aims as brand promotion, personal improvement, and lasting friendships. Wanni considers her Big Brother Naija trip a success, as she feels fulfilled. “For me, I feel like I won the show, because…

Nigerian renowned comedian Ali Baba described his interaction with former military commander Gen Sani Abacha as a “near-death experience”. He revealed this during the Leadership Podcast with Stephen Akintayo. According to him, the incident occurred during Abacha’s administration at a gathering in Abuja where Ali Baba was supposed to introduce the Akwa Ibom cultural group. “The first close encounter I had with death was with Sani Abacha. When Abacha was President, Ernest Shonekan had been removed so I went to do an event in Abuja and it was time for the Akwa ibom cultural group to perform. At the time,…

Vinicius Jr earned an ovation from Madrid fans at the Bernabeu on Tuesday with an outstanding performance as the club came from behind to beat Dortmund 5-2 in the Champions League. The Brazilian completed a hat-trick as Madrid rallied in the second half to turn around a 2-0 deficit. The hat trick couldn’t have come at a more auspicious time as the Ballon d’Or award ceremony comes up on Monday 28 October and Vinicius is a leading contender.Madrid manager Carlo Ancelotti tipped the Brazilian forward for the award again following his exhilarating performance on Tuesday, describing him as “an extraordinary…

A major international airport serving the UK’s second-largest city was evacuated and all flights were suspended for several hours on Wednesday because of a bomb threat. West Midlands Police in central England ordered the partial closure of Birmingham Airport after receiving reports of a suspicious vehicle. Airport authorities advised passengers not to travel while those already awaiting flights were forced to leave terminals on foot with their luggage. “Whilst we apologise for any inconvenience and disruption, the safety and security of everyone at the airport was our number one priority,” a statement read. West Midlands Police said the evacuation was a…

Donald Trump’s campaign has accused British Prime Minister Keir Starmer’s Labour Party of “blatant foreign interference” in the U.S. presidential campaign after some volunteers travelled to help campaign for Kamala Harriss. The Republican candidate’s camp has filed a complaint with the Federal Election Commission in Washington, calling for an investigation into what it termed illegal contributions from Labour to the Harris campaign. British political volunteers have long travelled to the U.S. ahead of elections, with activists of the centre-left Labour Party typically supporting the Democrats, its sister party, and Conservatives backing the Republicans. British officials, who asked not to be named,…

Governor Nasir Idris of Niger State on Wednesday approved 75,000 naira as a new minimum wage for the state civil servants. Confirming the development, the chairman of the Nigerian Labour Congress in the state, Murtala Usman, stated this while speaking with our correspondents. “Mr Governor has shown that he is with the workers in the state. We proposed three tables for him. “We proposed 72,000, 73,000, and 75,000 naira and he decided to go for the 75,000 naira, which shows he is for the workers. “To crown it all, he also said the payment starts this month of October, salaries…