Author: Ifetayo Adeniyi

TETFUND research: FG approves N4bn for 158 projects Executive Secretary, TETFund, Sonny Echono … part of approved research works include Development of Sustainable Eco-Friendly Walling System. The Federal Government, on Tuesday, approved the award of N4.2bn grant for the funding of 158 research projects under the Tertiary Education Trust Fund National Research Fund 2024 Grant Cycle. The approval followed the report of the TETFund National Research Fund Screening and Monitoring Committee, which recommended the funding of the 158 research proposals after a rigorous screening exercise, which commenced with the receipt of 6,944 Concept Notes from various researchers. A statement signed…

Tinubu drives $1tn economy vision, signs insurance reform bill into law to boost financial sector Tinubu … reform to catalyse growth, create jobs. President Bola Ahmed Tinubu has signed into law the Nigerian Insurance Industry Reform Bill, 2025, a major legislative milestone aimed at overhauling the nation’s insurance sector and accelerating Nigeria’s progress toward a $1 trillion economy. The new law, now known as the Nigerian Insurance Industry Reform Act (NIIRA) 2025, repeals and consolidates outdated insurance legislation into a single, modern framework. It establishes comprehensive regulation and supervision of all insurance and reinsurance operations across the country. In a…

Remi Tinubu introduces N1bn empowerment programme for 500 women per state, FCT The First Lady, Senator Oluremi Tinubu * Tony Elumelu Foundation donated N1bn to the Renewed Hope Initiative. The First Lady, Oluremi Tinubu, has launched an Economic Empowerment programme for 18,500 women nationwide, for the purpose of giving assistance to 500 women from each state, including the Federal Capital Territory. She unveiled the programme in Minna on Tuesday, saying the programme was under the Renewed Hope Initiative in conjunction with the Tony Elumelu Foundation. Mrs Tinubu said the programme mainly for women traders and small-scale business owners, with each…

Otedola gives insight on how he once flourished with ladies enticement for deposits Femi Otedola Otedola gives insight on how he once flourished with ladies enticement for deposits Popular Billionaire businessman, Femi Otedola, has naratted how banks once sent “bewitching ladies” to secure his deposits and loans when his business empire was booming. He recently revealed how the financial institutions sent very pretty ladies to him to make their offers more convincing. Sharing in his forthcoming memoir, ‘Making It Big: Lessons from a Life in Business,’ published by FO Books and scheduled for release on August 18, 2025, Otedola broke…

Sowore speaks against Presidential Zoning Omoyele Sowore Former presidential candidate, Omoyele Sowore, has condemned the idea of rotational presidency in Nigeria. He recently revealed that the idea is counterproductive to national development, and Nigerians have been reacting. While speaking during an interview on Channels TV, Sowore said that the country needs leaders who are chosen for their competence, not out of regional bias. According to him, rotational presidency directly goes against merit and democratic values; therefore, it should not be encouraged in any way. He stated that if Nigeria gets a good president to uplift the nation, nobody will care…

NIESV Lagos Collaborates with Adron Homes to Advance Nigeria’s Real Estate Sector Sir Aare Adetola Emmanuelking KOF and ESV Tosin Kadiri The Chairman of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos State Branch, ESV Tosin Kadiri, led a high-powered delegation on a courtesy visit to the Chairman of Adron Group, Sir Aare Adetola Emmanuelking KOF, in a significant move toward fostering synergy between key players in the real estate sector. The visit, which took place at the Adron Homes Head Office, demonstrated the growing need for strategic partnerships to accelerate housing delivery and professional integration within Nigeria’s…

Harnessing Collective Power Takes Centre Stage at 2025 Young Leaders Connect Summit and Awards Johannesburg, South Africa, 5 August 2025 – The 5th Annual Young Leaders Connect (YLC) – IDEAL Leadership Summit and Awards returns on 29 August 2025 with fresh, bold conversations, and a powerful theme: Harnessing Collective Power. This year’s edition promises to be the most dynamic to date, bringing together South Africa’s trailblazing young women in leadership, entrepreneurship, policy, finance, and development for a full day of insight, recognition and connection. Once again hosted at the prestigious Standard Bank Global Leadership Centre, the summit marks the culmination…

NNPCL, marketers hike prices of petrol to N885/N955 litre NNPC Limited The pump price of Premium Motor Spirit (PMS), commonly known as petrol, has surged again to N955 per litre in parts of the country, including the Federal Capital Territory (FCT), amid rising international benchmark prices and adjustments by both the Nigerian National Petroleum Company Limited (NNPCL) and other marketers. Most filling stations in Abuja, yesterday, were dispensing petrol at N955, with NNPCL retail outlets and independent marketers already reflecting the new price. A few stations linked to the Dangote Refinery partnership, especially MRS, however, sold marginally lower at N885/litre,…

Stanbic IBTC shares steady at N101 Stanbic IBTC Holdings has reaffirmed its commitment to sustainable growth and delivering long-term value to shareholders, as its stock maintained a steady position at N101 per unit at the close of trading on Monday on the Nigerian Exchange Limited. The shares of Stanbic IBTC Holdings Plc crossed the N100 per unit milestone last Tuesday, thus becoming the second banking stock to achieve that three-digit share price feat. In a statement on Monday, the financial institution said that the increased investor confidence in its stocks reflects a broader enthusiasm surrounding the company’s robust fundamentals. The…

Microsoft, Google, Meta post $220bn Q2 revenue Technology giants Alphabet, Microsoft, and Meta raked in a combined revenue of $220.36bn in the second quarter of 2025, underlining the resilience of big tech and renewed investor confidence in artificial intelligence, cloud services, and digital advertising. Alphabet Inc., the parent company of Google, led the pack with $96.4bn, marking a 14 per cent year-on-year rise, driven by strong performance across Search, YouTube ads, subscriptions, and cloud services. Chief Executive Officer of Google, Sundar Pichai, described the period as “a standout quarter,” noting that AI is already transforming the company’s operations. “We are…