ayodejiadegboyega

Posts by ayodejiadegboyega:

French TV acquires IROKO TV’s ROK studios

A French premium television channel, Canal+, has acquired ROK Studios, a Nigerian film production company. Owned by Vivendi SA, a French mass media conglomerate headquartered in Paris, Canal+ acquired the studio a bid to reach a larger base of African consumers on the continent and internationally. Founded by a Nigerian…

Oyo State Governor, Seyi Makinde (Seyi Makinde on LinkedIn)

Makinde, Oyo governor, makes asset public, declares N48 billion

Governor Seyi Makinde of Oyo State has published his asset declaration document showing he has in excess of N48 billion in both cash and properties. The governor complied with Nigeria’s code of conduct law that mandates senior public office holders to file their asset details while assuming and exiting office.…

Makinde establishes anti-corruption agency in Oyo

The Oyo State Governor, Seyi Makinde, on Wednesday forwarded the Oyo State Anti-Corruption bill, 2019 to the state House of Assembly for legislative action. The governor said his decision to set up an anti-graft body is in fulfilment of his campaign promise. According to a statement by his chief press…

Oyo State Governor, Seyi Makinde (Photo Credit: Seyi Makinde on LinkedIn)

Oyo govt bans illegal fees collection in public schools

The Oyo state governor, Seyi Makinde, has banned illegal fees in all primary and secondary schools owned by the state government. The governor had first given the order in his inaugural speech on May 29th, 2019. The order was confirmed on Tuesday by a circular released by the Head of…

Dr. Maikanti Baru

Buhari committed to growing Nigeria’s oil reserves – Baru

The outgoing Group Managing Director of the NNPC, Maikanti Baru, said President Muhammadu Buhari is committed to the exploration of the various inland basins across Nigeria to grow the country's hydrocarbon reserves. According to a release by the corporation’s spokesperson, Ndu Ughamadu, Mr Baru said this on Saturday during an…

Femi Gbajabiamila

Again, House Of Reps promises to prioritise passage of PIGB

The speaker of the House of Representatives, Femi Gbajiabiamila, has said the ninth assembly will give priority to the passage of the Petroleum Industry Governance Bill (PIGB) in order to consolidate and reposition the oil and gas industry for the benefit of all Nigerians. Mr Gbajiabiamila made the commitment during…

Babatunde Fowler, FIRS Chairman

How new national tax system will boost revenue, grow businesses – FIRS

The new national Taxpayer Identification Number (TIN) registration system and consolidated tax database will ensure value addition to tax revenue administration and facilitate the ease of doing business, the Federal Inland Revenue Service (FIRS) has said. The system, which consolidates individual and corporate taxpayers’ records, provides a unique identity to…

President Muhammadu Buhari

Buhari outlines own vision of Intra-African trade

President Muhammadu Buhari on Thursday outlined his vision of what intra-African trade should be. Mr Buhari spoke while receiving a report of a committee he set up to review the African Continental Free Trade Area (AfCFTA). The president has been criticised by many for his refusal to sign the AfCFTA…

NPA Managing Director, Hadiza Bala Usman

Aisha Buhari, NPA boss call for gender equality in maritime sector

Nigeria's first lady, Aisha Buhari, on Tuesday joined participants at a seafarers conference to call for more women participation in the maritime sector. Mrs Buhari, who was represented by the wife of the vice president, Dolapo Osinbajo, spoke at the Nigerian Maritime Administration and Safety Agency (NIMASA) celebration of the…

Governor Fayemi of Ekiti State and chairman of Nigerian Governors Forum.

Nigerian Governors review engagements with World Bank

The Nigeria Governors’ Forum (NGF) on Wednesday met with World Bank officials to review the bank's engagements in the country and at state levels. NGF Chairman and Governor of Ekiti State, Kayode Fayemi, disclosed this while addressing reporters after the meeting that was held in Abuja. Mr Fayemi said that…

FRSC Corps Marshal verifying a tricycle License

Number Plates: No Going Back On Clampdown – FRSC

The Federal Road Safety Corps (FRSC), has said there is no going back on its decision to clamp down on motorcycles and tricycles without number plates and their drivers without the class “A” driver’s license. The Corps Marshal, Boboye Oyeyemi, had earlier given the order in accordance with the provisions…

NIPOST Lekki Post Office [Photo: The Guardian NG]

NIPOST to be unbundled to six new firms – Ex-minister

Nigeria is planning to restructure and commercialise the operations of its postal service, NIPOST, an ex-minister has said. The government also plans to establish micro-finance banks in all the 774 local government areas of the country through NIPOST. Adebayo Shittu, ex-minister of communications, said the microfinance bank is one of…

Ponzi Scheme, MMM, is back

Over a year after the popular Ponzi scheme, Mavrodi Mundial Moneybox (MMM) crashed in Nigeria dashing the hope of over three million Nigerians, the scheme is back The scheme is now labeled MMM cooperation and it promises up to 50 percent return on any amount invested in it. This is 20 percent more than…

Shea Butter nuts [Photo: the-ibenefits.com]

Nigerian shea dealers pledge to build processing plants

Dealers in the Nigerian shea industry have said they are now engaged in the process of building a number of shea processing factories, with a financial commitment estimated at about $30 million. The Director Nigeria Agribusiness Register, Roland Oroh, said this on Thursday at his organisation’s monthly Agribusiness Networking (AgNet)…

A Mast used to illustrate the story [Photo: techislet.com]

NCAA Begins Demolition of Telecoms Masts

The Nigerian Civil Aviation Authority (NCAA) has said it would immediately commence the demolition of one of Africa’s fastest growing telecommunications companies, Globacom Nigeria Limited, in different locations within Nigeria. The authority had earlier threatened to demolish over 7,000 telecommunications mast and towers, saying they blatantly failed to obtain the…

NNPC to resume oil search in Chad Basin

Two years after it halted oil exploration in the Lake Chad Basin due to Boko Haram attack, the Nigerian National Petroleum Corporation (NNPC) says it would resume the search as soon as it received security clearance. The outgoing Group Managing Director of the Corporation, Maikanti Baru, said this on Wednesday…

Unijos school gate used to illustrate the story. (IPPIS)

FG to enrol federal universities on IPPIS platform

The federal government says it has concluded arrangements to enrol the federal universities in Nigeria on the Integrated Personnel and Payroll Information System (IPPIS) platform. This, it said, will promote probity, transparency, and accountability in government expenditure and also achieve the desired objectives of governance in centralising payroll system The…

National Identity: FG sets five-year target to provide identification for Nigerians

The Federal Government says it is determined to provide a lifelong unique identification for every individual physically residing in Nigeria and Nigerians in the diaspora within the next five years. The Director-General of the National Identity Management Commission (NIMC), Aliyu Aziz, said this on Wednesday while speaking at the Fifth…

Godwin Emefiele

Nigeria has N2.1billion currency in circulation as at end of April – Emefiele

The governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the currency in circulation in Nigeria increased from N1.956.22 billion in April 2018 to N2.158.70 billion at the end of April. This he said may suggest an increase in economic activities and the potential to improve economic…

Engr. Aliyu Aziz, DG of NIMC

NIMC joins secure Identity Alliance

The National Identity Management Commission (NIMC) has joined the Secure Identity Alliance (SIA), as an Advisory Observer. SIA is the global identity and secure digital services advisory body which promotes legal trusted identity for all. The announcement was made on Monday at the 5th ID4Africa opening ceremony in Johannesburg, South…

NIMC logo

NIMC staff perfect examples of ‘corporate beggars” — Union

The chairman of the Association of Senior Civil Servant of Nigeria, National Identity Management Commission (NIMC) unit, Lucky Asekokha, has said the staff of NIMC are among the worst paid federal workers. In a statement to PREMIUM TIMES, Mr Asekokha said the staff, who operate the National Identity Database (NIDB)…

FRSC Officials 2

June 12 Celebration: FRSC announces alternative routes in FCT

The Federal Road Safety Corps (FRSC) has listed traffic diversion points in the Federal Capital Territory in order to ensure a free flow of traffic during the forthcoming June 12 Democracy Day celebration. In a release signed by the corps spokesperson, Bisi Kazeem, the corps urged Nigerians ''to embrace safety…

Raw beans used to illustrate the story

Nigeria’s foreign trade up by 2.50% in 2019 – NBS

The National Bureau of Statistics (NBS) said the country recorded a total trade value of N8.2 billion for the first quarter of 2019, representing a growth of 2.50 per cent when compared to the previous quarter, (fourth quarter, 2018). The NBS said this in its Foreign Trade in Goods Statistics…

Tony O Elumelu

BUK to honour Tony Elumelu with an Honorary Doctorate Degree

The Bayero University, Kano, is set to honour philanthropist and entrepreneur, Tony Elumelu, for his immense contributions to human development at the university’s forthcoming 35th convocation. According to the institution’s Vice-Chancellor, Muhammad Bello, the honour is in recognition of Mr Elumelu’s contribution to the country as an economist, an entrepreneur,…

Securities and Exchange Commission (SEC)

Nigerians complain as ‘Loom’ Ponzi scheme ‘slows down’

Barely a few weeks after it took over the social media, targeting young Nigerians to participate in a pyramid scheme, Loom, a Ponzi scheme has slowed down, as fewer people now reportedly invest in it. Probably garnering lessons from the bitter experience millions of Nigerians had when another Ponzi scheme,…