Author: Ifetayo Adeniyi

Entrepreneurship: FG to award MSMEs with houses, cars, cash during the MSME Week celebrations The Federal Government of Nigeria has introduced a new initiative for the 2024 MSME Week celebrations to acknowledge and incentivize innovative and resilient entrepreneurs who have demonstrated exceptional success in their ventures. Temitola Adekunle-Johnson, Senior Special Assistant on Job Creation and MSMEs, announced this saying that distinguished entrepreneurs will be rewarded with houses, cars, and cash prizes during the 2024 MSMEs Week celebrations. The federal government created a national MSME clinic to offer a platform for businesses to showcase their products, secure investments, and improve in…

UI Muslim Community honours Prof Abdul by naming Ultra Modern Civic Centre after him Ultra Modern Civic Centre renamed after Prof Abdul The University of Ibadan Muslim Community (UIMC) has honoured the late Prof Musa Oladipupo Ajilogba Abdul, the first indigenous member of the academic staff of the Department of Arabic and Islamic Studies, by renaming its Ultra Modern Civic Center after him. According to a statement signed by the Publicity Secretary of the Community, Prof. Ismail Azeez, the posthumous honour was in recognition of the late Prof Abdul’s legacy and immense contributions to the growth of Islam in the…

Cleaner transportation awaits Lagos as it is set to roll out 2,000 CNG buses, 231 EVs this year … Lagos with cleaner means of journeying is realizable Lagos residents can look forward to cleaner means of transportation within the state, as the government says it plans to roll out 2,000 compressed natural gas (CNG) buses before December, and 231 electric vehicles (EVs), by June 2024. Oluwaseun Osiyemi, the state commissioner for transportation, who disclosed this at the commencement of the 2024 ministerial briefing in Ikeja on Tuesday, said the government was partnering with private firms under a PPP arrangement to…

For Research And Development, Inuwa Congratulates Gombe’s B.Y. Abubakar For Winning 2024 HLF Excellence Award Gombe State Governor, Muhammadu Inuwa Yahaya has congratulated an illustrious son of Gombe and member of the State’s Special Honourary Advisory Council, Professor Baba Yusuf Abubakar for winning the 2024 Hallmark of Labour Foundation’s Award of Excellence for his outstanding contributions to research, innovation and value-chain development. Governor Inuwa described the honour as well-deserved, considering the immense contributions of the awardee towards the development of the state and the entire nation. “This outstanding award is indeed a recognition of your positive contributions. Your achievements remind…

Ositade, Nigerian teenager wins 14 scholarships, Canada, Qatar, Harvard, others worth $3.5m Oluwafemi Ositade, a 17-year-old Nigerian student has secured 14 scholarships worth $3.5 million to Ivy League universities around the world. He received offers from top universities in the United States, Canada and Qatar, including Harvard worth $375,572 and Duke University worth $373,796, following his perfect SAT score of 800 in Maths and an impressive 760 in English. Ositade completed his secondary education at The Ambassadors College, Ota, Ogun state with a perfect CGPA of 4.0/4.0, and achieved a score of 358 at the Unified Tertiary Matriculation Examination (UTME)…

Telecommunication: Cable cuts cost $23m in 2023 in blow to internet quality Frequent fibre optic cable cuts, leading to a loss of at least $23m last year, are increasingly causing internet outages and impacting telecom service quality in Nigeria. In February, millions of MTN Nigeria customers could not make calls or connect to the internet for about four hours because of multiple fibre cuts. These cuts are becoming increasingly common, disrupting internet speeds, access, and reliability. In 2023, the House of Representatives raised concerns about the country’s deteriorating telecom quality. “Nigerians lose valuable business hours and finances due to poor…

Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games Former Nigerian Football Star Endorses Adron Games as Platform for Sporting Talent Former Nigerian football icon, Daniel Amokachi, has voiced his enthusiasm for the upcoming 2024 edition of the Adron Games, marking his participation in the prestigious event. Amokachi praised the tournament as a miniature National Sports Festival, highlighting its ability to unite athletes from all corners of the country. Expressing his delight, Amokachi remarked, “It’s an honor to be part of the Adron Games 2024. The event serves as a showcase for the abundance of sporting…

NNPC, Joint Venture Partners Donate 2,300-Seater Library to N’Delta University The Nigerian National Petroleum Company Limited (NNPC) and its Joint Venture partners in OML 18, have donated a 2,300-seater digital library to the Niger Delta University, Wilberforce Island, Amassoma, Bayelsa State. The partners include: The Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Exploration and Production Company (SNEPCo), Total Energies EP Nigeria Ltd, Nigerian Agip Exploration Ltd, and Esso Exploration and Production Nigeria (Deepwater) Ltd. The digital library, a two-storey complex equipped with cutting-edge Information Technology amenities, according to a statement from the NNPC, include 100 computer systems, e-learning…

The reason behind the dropping of prices of different brands of essential building material The cement market, in the last couple of weeks, has seen a significant turnaround with prices tumbling from between N10,000 and N15,000 per 50kg bag to between N7,000 and N8,000. The sudden rise in the prices of cement and other major building materials in February this year introduced upsets in the construction industry, especially in real estate, where many developers were forced to abandon building sites. A recent market survey conducted by BusinessDay in different locations across the country confirmed a price drop, ranging between N7,000…

FG disburses N200bn intervention fund for MSMEs, manufacturers The Federal Government has announced the launch of the N200bn Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises and manufacturers in Nigeria. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announcement in a post on her X formerly Twitter page on Monday. Uzoka-Anite said that following the ongoing disbursements targeted at supporting one million nano businesses across the country, the government has decided to include both MSMEs and manufacturers in the initiative. Earlier in an interview, The PUNCH reported that the Federal Government announced the commencement of…