Author: Ifetayo Adeniyi

NNPC to use the 2023 final dividends to cover the cost of petrol subsidies NNPC informed the president that, due to the subsidy payments, it is currently unable to pay taxes and royalties. President Bola Tinubu has approved the Nigerian National Petroleum Company (NNPC) Limited to use the 2023 final dividends owed to the federation to cover the cost of petrol subsidies. In addition, the president has approved a halt on the payment of 2024 interim dividends to the federation to help boost NNPC’s cash flow. Also, NNPC informed the president that, due to the subsidy payments, it is currently…

In A Bid To Empower Youths for Global Competitiveness, NITDA Drives Nigeria’s Digital Transformation CWAI also notes that NITDA’s efforts will increase the dividends of democracy, as a educated and healthy youthful population can provide a boost to economic development. NITDA’s Director-General, Kashifu Inuwa Abdullahi, recently outlined the agency’s vision for Nigeria, emphasizing the importance of technological innovation in driving inclusive economic growth. This aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritizes digital literacy and talent cultivation as one of its eight key pillars. In a bid to establish Nigeria as a globally renowned center and hub…

Though threatened, I added over 1,000MW of electricity to the national grid capacity in one year – Adelabu “We have raised the electricity generated capacity from 4,000MW to 5,155MW recorded on the 8th of August, 2024. In the past, it took the country over 25 years to achieve 2,000MW of power and it took between 1984 and today to achieve additional 2,000MW. Minister of Power, Adebayo Adelabu on Sunday disclosed that he receives threat calls from unknown forces in the power industry who are not happy with his policies which he noted to have been yielding positive results. Adelabu while…

As PDP wipes clean in Bauchi LG election, winning all 20 chairmanship seats The council election which was marred by voter apathy and late arrival of materials in most polling units, produced winners in PDP. The ruling People’s Democratic Party (PDP) in Bauchi State has won all the 20 chairmanship seats in Saturday’s local government election. The declaration was made by the chairman of the Bauchí State Independent Electoral Commission (BASIEC), Alhaji Ahmed Makama, in his office on Saturday after exercise . According to him, “After a successful conduct of the exercise and diligent collation and compilation of the results,…

A total of N1.358 trillion shared in July – FG, States, LGs This is contained in a communique issued after the meeting for August on Friday in Abuja. The Federation Accounts Allocation Committee (FAAC) has shared N1.358 trillion among the federal government, states and local government councils (LGCs) for July. According to the communique, the N1.358 trillion total distributable fund comprised statutory revenue of N161.593 billion. It also comprised Value Added Tax (VAT) revenue of N582.307 billion and Electronic Money Transfer Levy (EMTL) revenue of N18.818 billion. Also included in the total distributable revenue is the Exchange Difference revenue of…

Buju Banton explains his Nigeria connection Buju Banton “Maroons are some of the Indigenous warriors on my Island. We fought the British relentlessly. We are called Blackmaroons. My generation originated from Nigeria. I am an Igbo man according to my bloodline. Mark Anthony Myrie, Jamaican dancehall legend, popularly known as Buju Banton, has given a rare insight into his connection with Nigeria. Appearing on the ‘Drink Champs’ podcast co-hosted by N.O.R.E and DJ EFN, Banton stated that his tribe, Maroons originated from the Igbo tribe of Nigeria. He lamented that their Indigenous land is now being threatened by the current…

Dr Adedeji Adeleke doles out N1bn to Cherubim and Seraphim Church Adedeji-Adeleke “We donate a sum of N1bn in honour of our late mum.” This huge donation was made to appreciate God during a thanksgiving service held at the church’s headquarters in Lagos on Sunday. Dr Adeleke Adedeji is the Founder and Pro-Chancellor, Adeleke University, Ede. Dr. Adedeji Adeleke, father of popular singer Davido, has donated N1bn to the Cherubim and Seraphim Church in honour of his late mother, Nnena Esther Adeleke. Adeleke gave the donation to the Centenary Endowment Fund on behalf of his late mother, saying, “We donate…

2-0 as Man City defeat Chelsea – EPL Haaland, Photo: AFP Manchester City was at its best to defeat Chelsea will with two nil. Two goals in either half from Erling Haaland and former Chelsea midfield maestro Mateo Kovacic was enough to give the premier league defending champions, Manchester City their first win. Manchester City’s Norwegian striker Erling Haaland celebrates scoring the team’s second goal. Kovacic’s goal in the 83rd minutes doused Chelsea’s hope of earning a point in their season opener. Manchester City secured their first three points in the new season at Stamford bridge defeating Chelsea 2-0.

If you need payment in dollars, here are things you engage yourself in In this article are eight innovative and practical ways to earn in dollars while living in Nigeria, opening doors to financial growth and global engagement. In today’s interconnected world, the boundaries of earning opportunities have expanded far beyond geographical locations. Nigeria, with its vibrant economy and tech-savvy population, has numerous ways to tap into international income streams, particularly in U.S. dollars. This shift is driven by the growth of digital platforms, global market access, and the rise of remote work. Whether you are a freelancer, entrepreneur, or…

AJEBO UNLEASHED 11.0 AJEBO UNLEASHED “OUT OF CONTROL” is the 11th edition of the show happening at the Prestigious Eko Hotel and Suit Ajebo takes a dive into the dramatic changes from The Gen X to Millenials and to the Gen Z. Things have truly spiralled out of control and AJEBO is set to talk about them. The concert is also set to feature artistes from Gen X, the Millenials and Gen Z. Tickets Reg – 7k Vip – 25k Gold Seat – 200k Premium Seat – 300k Gold Table – 2m Premium Table- 3m Select Your Ticket Option…