Author: Ifetayo Adeniyi

CiA, Carbon Direct, Present Comprehensive Carbon Credit Management To Africa CSR-in-Action, a sustainability and ESG consultancy with global multi-stakeholder convening expertise, has entered into a strategic collaboration with Carbon Direct Inc., a leading science-based carbon management firm, to accelerate Africa’s transition to a low-carbon pathway. The new collaboration, under a Memorandum of Understanding, will provide African businesses, investors, and governments with access to advanced carbon accounting, reporting, and risk management support, as well as tools in line with and beyond international frameworks such as the GRI, TCFD, and ISSB. Importantly, it will extend beyond strategy to support practical implementation, helping…

NUPENG, Dangote sign MoU, calls off strike action * Workers allowed to unionize without victimization. The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG has announced the suspension of its nationwide strike. The suspension followed an agreement reached on Tuesday with the management of Dangote Refinery and Petrochemicals on the contentious issue of workers’ unionisation. Several fuel stations across the country were shut down on Tuesday following the two-day industrial action by members of NUPENG. The strike followed allegations against the Dangote Group, stating that the company denied its employees the right to join recognised labour unions. At a…

Nigeria’s Entertainment Industry, A Significant Contributor To Nigeria’s Economy Through music, movies, comedy, video content, and fashion, entertainment has grown into a powerful sector and channel for exporting Nigeria’s cultural identity globally by nearly 91%. Nollywood produces over 2,500 movies yearly and contributes over ₦154 billion to Nigeria’s GDP. As of 2024, the industry contributes significantly to Nigeria’s economy, projected to grow from $9 billion in 2023 to $13.6 billion by 2028, with a compound annual growth rate (CAGR) of 8.6%. The industry employs over 4.2 million people and is expected to add 2.6 million more jobs by the end…

NIWA puts stop to unlicensed boat operations for safety of Nigeria waterway The National Inland Waterways Authority has declared an immediate ban on all loading activities from unauthorised points across the country to curb boat accidents and improve safety on Nigeria’s inland waterways. While speaking during a press briefing in Abuja on Tuesday, the Managing Director of the National Inland Waterways Authority, Bola Oyebamiji, announced the new directives, saying, “NIWA has placed an immediate ban on loading activities from all unauthorised loading points across the country. No commercial passenger boat shall be allowed to load from any point other than…

World Cup Qualifier: Nigeria draws with S’Africa at 1-1 score A view of Nigeria’s William Troost-Ekong scoring an own goal [Siphiwe Sibeko/Reuters] Nigeria draws with S’Africa at 1-1 score Nigeria’s Super Eagles were held to a 1-1 draw by South Africa’s Bafana Bafana at the Free State Stadium in Bloemfontein on Tuesday, with the two sides adding a point in their World Cup qualifying group. As the match began, South Africa took advantage of their own soil by pressing aggressively against the Eagles. Nigeria had their first corner in the 10th minute after Ademola Lookman delivered a precise cross from…

Oluremi Tinubu disburses ₦47m, gives laptops to 47 scholarship students … beneficiaries disciplines range from medicine, law etc “… awarded ₦4 billion worth of scholarships to 8,535.” First Lady Oluremi Tinubu, on Monday disbursed ₦47 million and laptops to 47 beneficiaries of the Renewed Hope Initiative (RHI) scholarship scheme, underscoring her commitment to supporting education and empowering young Nigerians across diverse fields of study. Each of the recipients, drawn from tertiary institutions nationwide, received ₦1 million and a laptop to aid their academic pursuits. The students cut across various academic levels — five in 400 level, 39 in 300 level,…

Fidelity Bank Extends Food Bank Initiative To Anambra, Gives Essential Food Items To 2,000 Residents L-R: Chairman, Awka South Local Government Area, Chinedu Okafor; Chancellor, Catholic Diocese of Awka, Reverend Charles Ndubuisi; Regional Bank Head, Awka, Fidelity Bank Plc, Dr. Nosa Orumwense; and Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank Plc, Victoria Abuka; at the Fidelity Food Bank distribution event held in Awka, Anambra State recently. Leading financial institution, Fidelity Bank Plc, has extended its flagship Corporate Social Responsibility (CSR) program, the Fidelity Food Bank Initiative, to Anambra State, providing essential food supplies to over 2,000 vulnerable residents in…

Idahosa inspects Iguobazuwa General Hospital, assures of government collaboration to boost healthcare Edo State deputy governor, Hon. Dennis Idahosa on Tuesday assured of Sen. Monday Okpebholo led administration collaboration with critical stakeholders to boost health care in the state. The deputy governor gave this assurance during an on the spot assessment of the General host Iguobazuwa in Ovia South West local government area of Edo. Idahosa who noted that the revitalisation of the state’s health care sector is part of the SHINE agenda of the governor, expressed satisfaction with the level of work at the hospital. While reiterating the commitment…

FG says 5% fuel surcharge, not to strain Nigerians Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele According to the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, he said the proposed fuel surcharge is meant to generate a dedicated fund for Nigeria’s deteriorating roads, not to add extra challenge to households. Oyedele acknowledged public worries that recent tax reforms could worsen inflation but argued that improved road infrastructure is essential to lowering the cost of moving goods and people. He clarified this while speaking on Channels Television’s Morning Brief…

Fuel still available despite Tanker drivers’ strike – Dangote Refinery Dangote refinery * Claims Dangote’s new drivers were being hired without becoming part of union. A spokesman for Dangote refinery said on Tuesday that the country would not see a petrol shortage despite ongoing strike by a union representing fuel tanker drivers. The strike, which began Monday and has since drawn support from other unions in Nigeria and abroad, comes as the refinery, the largest in Africa, is hiring its own drivers to deliver gasoline to retailers. “There is no fuel shortage, everything is going on,” a refinery spokesman, Anthony…