ayodejiadegboyega

Posts by ayodejiadegboyega:

Tony Elumelu Foundation. [PHOTO CREDIT: Official website of the Tony Elumelu Foundation]

Tony Elumelu Foundation shortlists 5,240 Young Africans for business training

In partnership with the United Nations Development Programme, the Tony Elumelu Foundation has announced the selection of 5,240 young African entrepreneurs to receive business training. The UNDP partnered with the TEF in July to ultimately empower 100,000 young persons in Africa. This was announced at the African Union (AU) Summit…

Nigeria’s Information minister, Lai Mohammed,

Nigerian govt moves to ‘regulate’ online broadcasting

The minister of information and culture, Lai Mohammed, on Thursday said the National Broadcasting Commission will soon publish new regulations to guide online broadcasters in Nigeria. The minister said this while inaugurating a seven-member committee on the Implementation of Reforms in the National Broadcasting Commission. Mr Mohammed said the reforms…

President Muhammadu Buhari speaking

Buhari calls for collective efforts to tackle insecurity in Gulf of Guinea

President Muhammadu Buhari has asked for the collective efforts of stakeholders in the maritime sector to rid the Nigerian waters of emerging security threats. The president made this call on Monday at the first-ever Global Maritime Security Conference in Abuja. The event aims to facilitate a clearer understanding of the…

Vice President Yemi Osinbajo (R), inspecting food items at the Utako Market, during the launch of TraderMoni in Abuja on Thursday (6/9/18). 04819/6/9/2018/Ibrahim Sumaila/JAU/NAN

Osinbajo not involved in disbursement of funds for Social Investment Programmes – Official

The National Social Investment Office (NSIO) has said that contrary to rumours, the office of Vice President was not involved in financial transactions or the disbursement of funds for the National Social Investment Programmes (N-SIPs) A statement by the NSIO Communications Manager, Justice Bibiye, said that the Ministry of Budget…

From L-R: The Sub-Sahara Africa portfolio lead and programme director for the ACT, British Council, Bob Arnot, the Head of the European Union Delegation to Nigeria and ECOWAS, Ketil Karisen; Research/Project consultant, Hafsat Mustafa and the National Programme Manager, Damilare Babalola.

EU to support Nigerian CSOs with N4.5billion

The European Union has announced a 13.5million euros package for civil society organisations in Nigeria under the British Council's Agents for Citizen-driven Transformation (ACT) programme. The ACT programme is designed as a response strategy to the EU’s identified need to invest and engage more with CSOs in Nigeria as required…

President Muhammadu Buhari says the Economic Advisory Council will meet him periodically.

ANALYSIS: New taxes, charges Buhari govt has imposed on Nigerians since 2015

Since coming to office in 2015, the Buhari administration has introduced policies that have resulted in Nigerians paying more for some services. The administration has set its is policy thrust around reviving the economy, fighting corruption and combating insecurity. Though it has achieved some and fallen short of most of…

African Development Bank

ADB fund to invest $500,000 in Nigeria’s sustainable energy

A multi-donor trust fund managed by the African Development Bank (ADB), Sustainable Energy Fund for Africa (SEFA), has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF). This new private equity fund is developed by All On, a Nigerian impact investment firm…

A private filling station used to illustrate the story.

Average price for kerosene, diesel, petrol rose in August – NBS

The average prices paid by consumers for kerosene, Automotive Gas Oil (diesel) and Premium Motor Spirit (petrol) increased in August, the Nigeria Bureau of Statistics has said. It also said the cost of Liquefied Petroleum Gas (Cooking Gas) dropped. According to a report on its website, the average price paid…

Lekki Free Trade Zone (FTZs) used to illustrate the story on industrial parks

Buhari Approves Seven New Industrial Parks – Official

President Muhammadu Buhari has given approval for the establishment of seven new industrial parks to support the Nigerian Industrial Revolution plan, an official said on Thursday. The Acting Managing Director, Nigeria Exports Processing Zones Authority (NEPZA), Terhemba Nongo, said the parks would be located in each of the country’s six…

Nigeria’s inflation reduces again

Nigeria's Headline Inflation slowed for the third consecutive month in August. The headline inflation reduced from 11.08 per cent in July to 11.02 per cent in August. Food Inflation reduced from 13.39 per cent in July to 13.17 per cent in August while Core Inflation reduced from 8.80 per cent…

MTN-logo

MTN’s MoMo Agent plans to aid financial inclusion in Nigeria

A subsidiary of MTN Nigeria, Y’ello Digital Financial Services, last month launched its super-agent network service named ‘MoMo Agent.' The launch held in Abuja after the firm had successfully been awarded a Super-Agent License by the Central Bank of Nigeria (CBN). With the fintech strategy, the company joins the ongoing…

Aliko Dangote

Dangote firm optimistic FG’s import restriction will aid operations

Dangote Tomato Processing plant has said it will be counting on the federal government's restriction of food imports to sustain operations after being idle for six months. Bloombeg reports that the six months 'idleness' was after it (firm) initially resumed operations from an almost three-year shut down due to lack…

Former Vice President Atiku Abubakar

Atiku should apologise to Nigerians instead of appealing tribunal judgment – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, has asked the PDP and its presidential candidate in the last elections, Atiku Abubakar to apologize to Nigerians for willfully distracting the Buhari administration with a “frivolous election petition”, instead of appealing the ruling of the Presidential Election Petition Tribunal. On Wednesday,…

Seme Border used to illustrate the story.

Nigeria gives condition to reopen borders with neighbours

Hameed Ali, the Comptroller General, Nigeria Customs Service (NCS), says Nigeria’s borders will remain closed until the country and its neighbours agree on existing ECOWAS protocol on movement. Mr Ali stated this on Wednesday at Maigatari/Niger border, Maigatari Local Government Area of Jigawa while fielding questions from journalists. “But there…

PRESIDENT BUHARI PRESIDES OVER MEDIAN FEC MEETING 1A&B. President Muhammadu Buhari during the Federal Executive Council (FEC) Meeting held at the Council Chambers, State House Abuja. PHOTO; SUNDAY AGHAEZE. SEPT 11 20192

Buhari, ministers approve increase in Nigeria’s VAT

The Federal Executive Council on Wednesday approved an increase in the Value Added Tax (VAT) payable in Nigeria. The Minister of Finance, Zainab Ahmed, announced the approval while briefing journalists after the FEC meeting presided by President Muhammadu Buhari. Mrs Ahmed said the VAT was increased from the current 5…

Nigeria_Airways_jpg

National Carrier Still Priority For FG – Minister

The Minister of Aviation, Hadi Sirika, has said the establishment of the National Carrier, Maintenance, Repair and Overhaul (MRO) facilities and implementation of other components of the Aviation Roadmap remain top priorities of the federal government. Mr Sirika said this at a meeting in his office with members of the…

New ECOWAS Chairman sets agenda for his tenure

The President of Niger, Issoufou Mahamadou, has listed issues he will focus on as the Chair of the Economic Community of West African States (ECOWAS). On the priority list are the promotion of regional peace and security, consolidation of democratic institutions and economic integration of the ECOWAS states, particularly infrastructure…

L-R: Kaduna State governor Nasiru El-Rufai, Emir of Kano State HRH Sanusi Lamido and, Governor of Ekiti state Kayode Fayemi in South Africa. [PHOTO CREDIT: Twitter.com]

Why Fayemi, El-Rufai, Emir Sanusi were in South Africa

The Governor of Ekiti State, Kayode Fayemi, has denied that he was in South Africa to attend the World Economic Forum (WEF), holding in Cape Town, South Africa. Mr Fayemi confirmed that he visited South Africa, but went to Stellensbosch at the invitation of Nigerian journalist, Dele Olojede. PREMIUM TIMES…

APC National Chairman, Adams Oshiomole Photo: DailyPost

Xenophobia: Oshiomhole advises Nigerians to boycott MTN, other South African businesses

The National Chairman of Nigeria's ruling party, APC, Adams Oshiomhole, has urged Nigerians to boycott South African goods and services to protest the killings of Nigerians and other nationals living in that country. Mr Oshiomhole gave the advice at a news conference in Abuja on Thursday. He recalled that over…

Nigeria’s Information minister, Lai Mohammed,

Xenophobia: Nigerian govt. warns against fake news

The Minister of Information and Culture, Lai Mohammed, has said videos being circulated purportedly showing how Nigerians are being killed in South Africa are fake and misleading. The minister said not only are those videos inflaming passion, they are also complicating the efforts of the government to calm frayed nerves…

R-L Muhammadu Buhari and Cyril Ramaphosa

Xenophobia: We’ll not cave in to South Africa, Nigerian govt vows

The Nigerian government said on Wednesday that it had drawn 'a red line' with South Africa over the xenophobic attacks on Nigerians in the country. The Minister of Foreign Affairs, Geoffery Onyeama, who spoke to journalists after meeting with President Muhammadu Buhari in Abuja, also said Nigeria would not 'cave…

Nigerian Police officers used to illustrate the story

Poor funding hindering Nigerian police performance – CLEEN Foundation

Poor funding has greatly inhibited the performance of the Nigeria Police Force, a non-governmental organisation, CLEEN Foundation, has said. The Executive Director of the foundation, Benson Olugbuo, stated this while listing the challenges that brought about the enactment of the Nigeria Police Trust Fund Act. Mr Olugbuo spoke on Wednesday…

Shoprite Retail Outlet

Xenophobia: Stop attacking South African businesses, Nigerian govt urges citizens

The Nigerian government has appealed to its citizens to stop attacking South African businesses in the West African country. Some South African businesses, including retail store, Shoprite; clothing store, PEP; and telecoms firm, MTN, were attacked in various parts of Nigeria on Tuesday. The attacks are believed to be in…

Lagos-Ibadan Expressway under construction as FRSC announces temporary closure.

Lagos-Ibadan Expressway to be partially closed

The Lagos State Traffic Management Authority has announced that some sections of the Lagos-Ibadan expressway will be partially closed from September 2 to October 31 for the commencement of rehabilitation works on the expressway. LASTMA made this known on Sunday through a traffic advisory. The closure of the expressway was…

Lagos-Ibadan Expressway under construction as FRSC announces temporary closure.

Lagos-Ibadan Expressway to be partially closed

The Lagos State Traffic Management Authority has announced that some sections of the Lagos-Ibadan expressway will be partially closed from September 2 to October 31 for the commencement of rehabilitation works on the expressway. LASTMA made this known on Sunday through a traffic advisory. The closure of the expressway was…