ayodejiadegboyega

Posts by ayodejiadegboyega:

Turkish Airlines

Turkish Airlines ‘to upgrade’ aircraft amidst Nigerian govt sanctions

The Turkish Airlines has promised to upgrade its Nigerian fleet to larger carriers following a sanction by the Nigerian government, aviation authorities said on Saturday. Sam Adurogboye, the Nigerian Civil Aviation Authority spokesperson, said in a statement that the airline's decision came following a meeting between its executives and the…

Turkish Airlines

Nigeria suspends Turkish Airlines from its airports

The federal government has suspended the operations of Turkish Airlines in Nigeria due to the airline's perceived poor treatment of passengers. The directive, which was given through the Nigeria Civil Aviation Authority, will continue "if no remedial action is carried out by the airline." According to a letter by the…

High tension electric powerlines

Nationwide Outage: Why electricity workers went on strike — Official

The National Union of Electricity Employees has explained why its members embarked on a one-day strike that threw Nigeria into a blackout on Wednesday. The union said at the centre of its dispute with the federal government are non-payment of the entitlement of workers of the defunct Power Holding Company…

Former Lagos state governor, Babatunde Fashola

Nigerian govt spending much on fuel subsidy; should increase VAT — Fashola

The Minister of Works and Housing, Babatunde Fashola, says the federal government still owes contractors working on federal road projects up to N306 billion, defending why the government should raise VAT and borrow more. Mr Fashola was speaking against the background of a report by Daily Trust on Monday that…

Former Lagos state governor, Babatunde Fashola

FG to prioritise 80 out of 524 ongoing road projects – Fashola

The Minister of Works and Housing, Babatunde Fashola, has said 80 out of 524 ongoing road and bridge projects across the nation will be prioritised. Mr Fashola said the 80 projects which are scheduled for completion in the 2020-2021 fiscal year is expected to improve the ease of doing business…

UPDATED: Staff strength of Nigerian banks reduce by 2,929 in three months

Even as the Nigerian government continued to promise to reduce unemployment, the workforce of Deposit Money Banks in the country reduced by 2,929 workers in the third quarter of 2019, the National Bureau of Statistics reports. The figure is contained in a report on 'Selected Banking Sector Data: Sectoral Breakdown…

MTN

South Africa orders MTN, others to reduce data cost

South Africa's Competition Commission has ordered telecoms service providers in the country to reduce data cost. After its findings that the data price is "excessively high" in a market dominated by MTN and Vodacom, the commission gave a two-month ultimatum or the telcos face prosecution. According to a report on…

Governor Bello Matawalle of Zamfara State [Photo: NAN]

Repeal of Pension Law: CISLAC lauds Zamfara lawmakers

The Civil Society Legislative Advocacy Centre (CISLAC) has commended the Zamfara State House of Assembly for abolishing the pension law for former heads of the executive and legislative arms of the state government. The repealed law stipulated payment of pension and other entitlements for former governors, their deputies, former speakers,…

World Bank

Ease Of Doing Business: Land administration still major problem in Nigeria – World Bank

The World Bank on Wednesday said land administration in Nigeria remains a critical problem that should be checked in order to improve the country's ease of doing business ranking. In a release "Doing Business 2020; Catalysing private sector investment in the states,'' the bank said transferring property in Nigeria requires…

Nigeria’s Information minister, Lai Mohammed,

Border Closure: Nigerian government seizes items worth N3.5 billion – Minister

The Nigerian government said it has seized items valued at N3.5 billion naira and arrested 296 illegal immigrants since it closed the country's borders early this year. It listed the seized items as 38,743 units of 50kg bags of foreign parboiled rice, 514 vehicles, 1,012 drums filled with petrol, 5,400…

L-R, Erasmus Morah, Country Director UNAIDS, Dr. Ibrahim Atta, Director Special Duties NACA, Senator Yahaya Ibrahim Oloriegbe, Chairman Senate Committee on Health, Dr. Aliyu Gumel Gambo, Director General NACA, and Senator Chukwuka Utazi, Chairman Senate Committee on AIDS, Tuberculosis and Malaria during World AIDS Day 2019 and Official launch of the Undetectable Equals Untransmittable Campaign in Nigeria, at NAF Conference Centre Jahi, Abuja.

Antiretroviral Therapy: Viral load suppression protects patients from transmitting HIV through sex – Officials

HIV-positive people who have suppressed their viral load through antiretroviral therapy (ART) can now enjoy unprotected sex without the fear of infecting their partners, health officials have confirmed. They said daily usage of ART does not only help an HIV positive patient achieve and maintain an undetectable viral load, it…

Dangote Cement’s director resigns

Dangote Cement Plc Friday announced the resignation of Fideli Madavo, a Non-Executive Director from its board. According to a regulatory filing with the Nigerian Stock Exchange, the resignation took effect on November 21, 2019. Although the reason for the resignation was not highlighted, the board and the management of the…

MTN

MTN Nigeria appoints new Executive Director, Chief Financial Officer

MTN Nigeria Communication PLC on Friday announced the appointment of Modupe Kadri as its new Executive Director and Chief Financial Officer (CFO). The new appointment is to take effect from March 1, 2020. Mr Kadri replaces Adekunle Awobodu as CFO. Mr Awobodu's intended departure was announced in July 2019. The…

Access Bank

Access Bank appoints two new directors

Access Bank PLC on Friday announced the appointment of Okey Nwuke as a Non-Executive Director and Ifeyinwa Osime as an Independent Non-Executive Director following the approval of the CBN. The bank made the announcement through a corporate disclosure on the Nigerian Stock Exchange. It had earlier announced the appointment of…

NNPC petrol station used to tell the story.

Nigerians paid more for kerosene, less for petrol in October – NBS

The National Bureau of Statistics said the average price paid by consumers for kerosene increased in October while the cost of petrol), cooking gas and diesel decreased. According to a report on its website, consumers paid an average of N324.7 per liter of kerosene in October 2019, reflecting an increase…

Access Bank

Access Bank appoints new chairman

Access Bank PLC on Monday announced the appointment of its new chairman as its incumbent chairman, Mosun Belo-Olusuga, prepares to retire in January 8, 2020. Mrs Belo-Olusuga’s retirement follows her completion of the maximum 12-year term limit allowed by the Central Bank of Nigeria's Code of Corporate Governance for Banks…

Naira notes

Nigeria inflation rose again in October

The National Bureau of Statistics (NBS) on Monday said the consumer price index (CPI), which measures inflation, stood at 11.61 per cent in October. The NBS disclosed this in its latest inflation report posted on its website. This is 0.36 percentage points higher than the rate recorded in September 2019…

APC National Secretariat in Abuja

APC praises security agencies for Kogi, Bayelsa elections marred by violence, vote-buying, others

The All Progressives Congress (APC) has reacted to the violence-ridden governorship elections in Kogi and Bayelsa State. Both states held their governorship elections on Saturday. A senatorial election was also held in the Kogi West senatorial district. Based on the official results announced so far for the elections, the APC…

Sen. Dino Melaye, Kogi West [Photo: Pulse]

KogiDecides: Dino Melaye rejects results

The candidate of the PDP in the Kogi West Senatorial District rerun election, Dino Melaye, has condemned the results, calling it ‘fictitious’. Mr Melaye, who was earlier elected to serve in the Senate in February 2019, had the election challenged by his closest rival, Smart Adeyemi of the APC. PREMIUM…

Natasha Akpoti (Photo Credit: This Day)

SDP’s Natasha Akpoti wants cancellation of election in Kogi Central

The candidate of the Social Democratic Party (SDP) in Saturday's governorship election in Kogi State, Natasha Akpoti, has called for the cancellation of the election in Kogi Central Senatorial District and some parts of the state capital, Lokoja. The incumbent governor who is a candidate of APC, Yahaya Bello, and…

10:26am. PU 19, Adanoi's compound, Ihima, Okehi LG, Kogi state. Voting going on.Natasha's is present casting her vote

SDP’s Natasha Akpoti wants cancellation of election in Kogi Central

The candidate of the Social Democratic Party (SDP) in Saturday's governorship election in Kogi State, Natasha Akpoti, has called for the cancellation of the election in Kogi Central Senatorial District and some parts of the state capital, Lokoja. The incumbent governor who is a candidate of APC, Yahaya Bello, and…

8:10am (Upogoro/Odenku Ward, Unit 11) INEC officials just arrived the polling unit. Governor Yahaya Bello is expected to cast his vote in this polling unit.

#KogiDecides: 30 missing INEC staff found

The 30 missing ad-hoc staff of the electoral commission, INEC, who were reported missing have been found. PREMIUM TIMES reported how the ad-hoc staff were declared missing around 1 a.m. on Sunday during the final collation of results in Olamaboro local government. An INEC spokesperson confirmed Sunday afternoon that they…

President Muhammadu Buhari [Photo: Presidency]

Two-thirds of Nigeria’s mineral export in 2017 went to China – NEITI

About two-thirds of Nigeria's mineral exports in 2017 went to China, a recent report on solid minerals shows. The audit report by the Nigeria Extractive Industries Transparency Initiative (NEITI) also showed that three of the 26 minerals exported in 2017 accounted for 73.81 per cent of total exports. The three…

EFCC Chairman, Ibrahim Magu

Nigeria recovers over N200 billion, convicts 890 people in 2019 anti-corruption war – Officials

The federal government has made over N200 billion from final forfeiture cases in 2019, the Attorney General of the Federation, Abubakar Malami, said while highlighting the successes of the government's anti-corruption war. At the same event, the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, said…

Oloibiri Oil Field

Total planning to sell $750 million stake in major Nigerian oil block

Total is seeking to sell its 12.5 per cent stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources have said. The plan is reportedly an effort to adjust the energy company’s Africa portfolio amid a broad expansion. Reuters reports that the stake in Oil…