Author: Ifetayo Adeniyi
Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.
Ecobank Nigeria has reassured of its commitment to driving the growth of Small and Medium Enterprises and promoting local industries as the fifth edition of the Ecobank Adire Lagos Experience concluded successfully on Sunday, 14 June 2026. The four-day international exhibition, which took place at the Ecobank Pan African Centre on Victoria Island, Lagos, served as a vibrant hub celebrating Nigeria’s rich cultural heritage and indigenous fashion. The massive event drew over 30,000 visitors, including shoppers, exhibitors, industry stakeholders, and cultural enthusiasts. Hundreds of local exhibitors took advantage of the fair to showcase a diverse array of Adire fabrics, footwear,…
File: FirstBank logo First Bank of Nigeria Limited has crossed a significant digital lending threshold, recording a historic N1bn single-day disbursement on its flagship salary-backed digital loan product, FirstAdvance. The financial institution announced on Monday that the breakthrough underscores a sharp increase in consumer reliance on automated, short-term credit lines to navigate immediate cash flow pressures without traditional collateral bottlenecks. The bank noted that the rapid scaling of its credit product reflects deep institutional trust in its digital platforms and the effectiveness of its integrated service delivery model across West Africa. Speaking on the development, the Group Executive, eBusiness and…
Edo Queens, Enabulele Celebrate NWFL Premiership Victory The All Progressives Congress (APC) House of Representatives candidate for Owen Federal Constituency, Hon. Andrew Ijegbai, has congratulated Edo Queens Football Club on their emergence as champions of the Nigeria Women Football League (NWFL) Premiership. Ijegbai described the victory as well deserved, noting that the team’s success was a product of hard work, commitment, discipline, and determination. He added that the achievement represents another remarkable milestone following the club’s historic first league title win in 2024. Edo Queens secured the 2026 NWFL Premiership title on Sunday after playing out a goalless draw against…
Alternative Bank Northern Nigeria’s education gap will not close through speeches alone. Schools need trained teachers, better learning tools, functioning payment systems, and funding to keep classrooms open. The Alternative Bank (‘AltBank’) took that message to the maiden All Northern Schools Conference (ANSC) 2026 in Kano, where it reaffirmed its commitment to advancing education, financial inclusion, and human capital development across the region. The three-day conference convened school owners, education leaders, policymakers, regulators, traditional rulers, and development partners from across the 19 Northern states, under the theme ‘Repositioning Northern Schools for Innovation, Sustainability and Impact.’ Convened by Dr Hadiza Nuhu…
• Roosevelt Ogbonna, described the launch as “not a ceremonial occasion, but a structural one.” The Central Bank of Nigeria (CBN) has launched the Nigerian Overnight Financing Rate (NOFR), a transaction-based benchmark designed to enhance transparency, strengthen monetary policy effectiveness and align the country’s financial system with global best practices. While speaking at the launch, which was attended by regulators, bankers, market operators and development partners, the CBN Governor, Yemi Cardoso, described the initiative as a critical reform that would reinforce the resilience, efficiency and credibility of Nigeria’s financial services sector. According to Cardoso, benchmark interest rates form the backbone…
With the continuous improvement of the paradigm, the Dantsoho-led management of the Nigerian Ports Authority (NPA) has received global acknowledgement as the World Bank named Nigeria’s Tin Can Island Port and Lagos Port in Apapa among the world’s top 20 most improved container ports over the last five years. In its Container Port Performance Index (CPPI) for 2025, the World Bank listed Tincan Island Ports Complex and Apapa Port Complexes in the category of Top 20 Port Improvement. The CPPI report, which is the sixth edition, evaluates container port performance based on vessel turnaround time and operational efficiency using global…
CBN The CBN directed all regulated entities to submit monthly market share returns and stated that “all affected financial institutions are required to take necessary measures to achieve full compliance not later than December 31, 2026.” The Central Bank of Nigeria, CBN, has directed banks, fintechs and other operators in the payments ecosystem to store all payment transaction data generated in Nigeria within the country, while also introducing measures to curb excessive market dominance in the industry. The apex bank disclosed this in a circular dated June 15, 2026, titled, “Introduction of Market Structure Requirements, Data Localisation, Ultimate Beneficial Ownership…
Pipeline Infrastructure Nigeria’s Trans Niger Operations Help Drive Nigeria’s 80% Oil Production Recovery Nigeria’s crude oil and condensate production has risen by approximately 80 per cent since May 2023, and the integrity of the Trans Niger Pipeline (TNP), one of the country’s principal crude evacuation channels, has been central to the gain. Pipeline Infrastructure Nigeria Limited (PINL), the wholly Nigerian infrastructure company responsible for the corridor, recorded zero infractions on the line in its May stakeholder engagement. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed the production figure at the Petroleum Ministry’s retreat in Abuja. Output that…
Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani Nigeria Will Need Digital Postcode for Transformation of Commerce, Security, Reduce Delivery Costs The Federal Government has said Nigeria’s Digital Alphanumeric Postcode System, scheduled for launch this year, will transform commerce, strengthen security and significantly reduce delivery costs nationwide. Speaking at the National Digital Alphanumeric Postcode System workshop in Abuja, Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, described the initiative as critical national infrastructure designed to address Nigeria’s long-standing challenge of poor addressing systems. He stated: “You can’t really get many things done without a digital…
Dangote refinery. Photo: Dangote Dangote Petroleum Refinery has dropped the gantry price of Premium Motor Spirit (petrol) by N75 per litre. According to a circular to fuel marketers on Monday, the refinery said the adjustment followed the de-escalation of the tension in the Middle East, which had impacted energy prices in the past three months. “Following the de-escalation of tensions in the Middle East, which has impacted energy prices. We wish to inform you that we have reviewed our premium motor spirit gantry/coastal price,” the circular stated. It added that the new gantry price is now N1,175 per litre, down…