Author: Ifetayo Adeniyi

Gas Fund’s Interventions At N430bn, Speed Up N1.6trn Investments Gas infrastructure The Midstream and Downstream Gas Infrastructure Fund (MDGIF) said its interventions in Nigeria’s gas sector had risen to more than N430 billion and have catalysed approximately N1.6 trillion in total investments. The executive director of the MDGIF, Oluwole Adama, made this known on the sidelines of the official commissioning of the Rolling Energy High-Capacity CNG Station by President Bola Tinubu. Recall that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had, in November 2025, revealed that the MDGIF had committed over N287 billion to gas infrastructure development across…

Idi Mukhtar Maiha The federal government has announced plans to empower 37,000 women and youths under a new livestock initiative as part of efforts to strengthen Nigeria’s dairy industry and increase local milk production. Minister of Livestock Development, Idi Mukhtar Maiha, disclosed this during the 2026 World Milk Day press briefing after a road walk in Abuja yesterday. Represented by his senior special assistant, Prof. Eustace Iyayi, the minister said the government was strengthening gender-responsive policies and expanding opportunities for women and young people across the dairy value chain. He said the proposed Women and Youth in Livestock Empowerment Initiative…

Elegbede Abiodun … total transactions rose by 3.35 per cent month-on-month from N1.744 trillion recorded in March 2026. Domestic and foreign portfolio investments on the Nigerian Exchange Limited (NGX) climbed to N1.803 trillion in April 2026, reflecting sustained investor confidence in the equities market despite a moderation in foreign participation. According to the latest Domestic and Foreign Portfolio Investment Report released by NGX Regulation Limited, total transactions increased by 3.35 per cent month-on-month from N1.744 trillion recorded in March 2026. The report also highlighted a significant year-on-year improvement in market activity, with total transactions soaring by 274.05 per cent to…

Amusan Elegbede Abiodun … crossed the finish line in 12.28 seconds, Devynne Charlton book second place in 12.40 seconds. Nigerian sprint hurdles sensation, Tobi Amusan, continued her impressive return to form on Sunday, storming to victory in the women’s 100m hurdles at the Rabat Diamond League in Morocco. The African and world record holder delivered a dominant performance, crossing the finish line in 12.28 seconds. This effort equalled her season’s best and established a new meeting record, with a legal wind reading of +1.2m/s. Amusan finished comfortably ahead of Devynne Charlton of the Bahamas, who secured second place in 12.40…

Leading financial institution, Fidelity Bank Plc, is set to launch a strategic engagement platform aimed at promoting the growth and sustainability of small and medium enterprises across Nigeria. Known as the Fidelity Quarterly Business Forum, the initiative is designed to bring together SME business leaders, founders, policymakers and industry experts to discuss business opportunities, economic trends, innovation and sustainable growth strategies. Speaking on the initiative, Ugochi Osinigwe, Divisional Head, Small and Medium-scale Enterprises, Fidelity Bank Plc, said the forum reflects the bank’s commitment to delivering a wide range of initiatives that support the growth of small businesses in Nigeria. “Our…

Kanyinsola Ajayi The run elevated Ajayi to the top of the global rankings for 2026. Kanyinsola Ajayi clocked a stunning 9.84 seconds in the men’s 100m at the NCAA East Regional on Friday, breaking the national record and setting a new benchmark in Nigerian sprinting as the fastest man. The 21-year-old Auburn University athlete produced the performance of his life to win his heat, qualify for the NCAA Championships, and erase a record that had stood for nearly two decades. His time of 9.84s (0.4m/s) eclipsed the previous Nigerian national record of 9.85s set by Olusoji Fasuba in 2006, a…

“Chosen, Blessed and Forever. My very special gift from God.” Says BBO. Gospel music minister Bakare Boluwatife Oluwatobi also known as BBO has got married to fellow singer Tolamise Taiwo Priscilla in a ceremony well-attended by family members and close associates. The couple tied the knot on Saturday, May 30, in a church ceremony where they exchanged marital vows. The ‘Amin’ crooner early Saturday caused a buzz on social media platforms stirring celebration after he finally showed off Tolamise as fiancée. BBO has kept his relationship a closely guarded secret. This is the first time the singer would ever showcase…

External Reserves Improve Reaching $49.34bn, Naira Keeps Stable Market Condition ~ CBN • Nigeria spent approximately $2.34 billion on food imports in 2025, according to the latest data released by the CBN. Nigeria’s external reserves have continued their upward trajectory, rising to $49.34 billion as the naira remained largely stable against the United States dollar, reinforcing investor confidence in the country’s foreign exchange market reforms and external sector outlook, according to the latest data released by the Central Bank of Nigeria (CBN). This is just as the apex bank revealed that Nigeria spent approximately $2.34 billion on food imports in…

• Nigeria have claimed all four editions of the Unity Cup since its inception, having previously lifted the trophy in 2002, 2004, 2025, and now 2026. With all eyes on Budapest and the Champions League final, there was a trophy to be won in south London, the Unity Cup, and the Super Eagles of Nigeria retained their crown with a comfortable win at The Valley yesterday. The final, played at The Valley in Charlton, London, saw the three-time African champions extend their dominant record in the competition, defeating the Reggae Boyz in a repeat of last year’s final. Alhassan Yusuf’s…

Femi’s debut on the main roster was at Royal Rumble. In the latest episode of CNN’s African Voices, Larry Madowo sits down with Nigerian pro wrestler, Oba Femi, to discuss his journey from track-and-field athlete to WWE. Femi tells Madowo about how WWE messaged him on Instagram, asking him to try out, “I’m guessing they saw the package, they saw the size, they saw some of my throwing videos, I showcase some sort of intensity during my throwing, so I’m sure that’s what drew them to the market.” The name ‘Oba Femi’ came about when entering the wrestling scene. He…