Author: Ifetayo Adeniyi

Nigeria, other Africa nations digital payments to hit $1.5tn – Report Nigeria, other Africa nations digital payments to hit $1.5tn The digital payments economy in Nigeria and other African countries is projected to hit $1.5tn by the end of this decade, driven by improved internet penetration and financial inclusion rate. This estimate was indicated in the Mastercard-commissioned report by Genesis Analytics. According to the report, Africa’s digital transformation is underpinned by rapid advancements in internet penetration and financial inclusion, two of the fastest-growing enablers of digital payments across the continent. Internet penetration in Africa is projected to grow at a…

Senate has confirmed CBN director, NCoS CG National Assembly Complex Senate has confirmed CBN director, NCoS CG The Senate, on Tuesday, officially confirmed the appointments of Prof Melvin D. Ayogu as a member of the Central Bank of Nigeria Board of Directors and Sylvester Nwakuche as the substantive Controller-General of the Nigerian Correctional Service. Ayogu, an indigene of Enugu State and a professor of Economics at the University of Cape Town, South Africa, was confirmed following a review by the Senate Committee on Banking, Insurance, and Other Financial Institutions, led by Tokunbo Abiru. The report was submitted to the Senate…

Inconsistency, absence of coherence have negatively affected our policy implementation – SGF George Akume Inconsistency, absence of coherence have negatively affected our policy implementation Inconsistency, absence of coherence have negatively affected our policy implementation. The Secretary to the Government of the Federation, George Akume, has identified inconsistency and lack of coherence as major obstacles to effective policy management in Nigeria. Akume warned that fragmentation across government institutions is slowing down national progress. Speaking at the validation session for the Draft National Policy Development and Management Framework on Tuesday, Akume noted that duplication and misalignment of policies among ministries, departments, and…

Ekiti federal varsity: Tinubu names pro-chancellor, governing council members President Bola Tinubu  Tinubu names pro-chancellor, governing council members President Bola Tinubu announced the appointment of the Pro-Chancellor, Governing Council members, and Principal Officers of the new Federal University of Technology and Environmental Sciences in Iyin Ekiti, Ekiti State. “Senator Binta Garba has been appointed Pro-Chancellor and Chairperson of the Governing Council,” Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, disclosed in a statement on Tuesday. The statement is titled ‘President Tinubu appoints governing council and principal officers of Federal University Iyin Ekiti; names new Pro-Chancellor for Federal…

Nigeria, Spain enhance bilateral relations, both sign MoU Minister of Foreign Affairs, Yusuf Tuggar Nigeria, Spain enhance bilateral relations, both sign MoU Nigeria and Spain have signed a Memorandum of Understanding targeted at establishing political consultations and advancing areas of mutual interest between the two nations. The Minister of Foreign Affairs, Yusuf Tuggar, and the Minister of Foreign Affairs, European Union and Cooperation of the Kingdom of Spain, José Albares, signed the MoU on Tuesday. This was contained in a joint statement by both ministers and issued by the Embassy of Spain in Abuja. The agreement is a key milestone…

Bill for one-day general elections passes second reading House of Representatives Bill for one-day general elections passes second reading. The House of Representatives on Tuesday passed for second reading a bill seeking to adjust the 1999 Constitution to accommodate presidential, governorship, National Assembly, state assembly, and local government elections to be held on the same day. Being sponsored by Imo lawmaker Ikenga Ugochinyere and 35 others, the bill was presented during plenary by House Leader Prof. Julius Ihonvbere. The bill proposes an amendment to Section 116 of the Constitution by inserting a new subsection (3), which states that: “All elections…

World Athletics gives consent to swab test to determine female gender World Athletics World Athletics gives consent to swab test to determine female gender * As swab test would stand to protect women’s sports. World Athletics said on Tuesday it had approved the introduction of a cheek swab test to determine if an athlete is biologically female. Sebastian Coe, the president of the international track and field federation, said the test, whose introduction was given the green light by the World Athletics Council, was a “really important” way of protecting the female category. “It’s important to do it because…

Dangote: US imports 2 million barrels of jet fuel from refinery Dangote Refinery Dangote: US imports 2 million barrels of jet fuel from refinery * Dangote refinery is a point of pride for Nigeria for achieving United States standard. The United States imported over two million barrels of aviation fuel from the Dangote refinery in March. The refinery confirmed this in a statement on Tuesday, saying this attests to the “unparalleled quality” of the refinery’s products and the trust that the international community places in the Dangote refinery. Quoting data from ship-tracking service Kpler, it was said that six vessels…

Oyo collaborates with NIMC, NASSCO on social register accuracy Prof Musbau Babatunde Oyo collaborates with NIMC, NASSCO on social register accuracy The Oyo State government has come to terms with the National Identity Management Commission and the National Social Safety-Net Coordinating Office, to enhance the accuracy of the National Social Register. The Commissioner for Budget and Economic Planning, Prof Musbau Babatunde, stated this in Oyo town on Tuesday at a three-day step-down training for field personnel. According to him, the initiative which commenced on Thursday, aims at improving social intervention programmes in Oyo State. He explained that the field personnel…

NLC, TUC disagree with Rivers emergency rule Fubara NLC, TUC disagree with Rivers emergency rule Organized Labour in Rivers State has expressed deep concern over the state of emergency declaration in Rivers State by President Bola Ahmed Tinubu on March 18, 2025’ Labour strongly condemn the “baseless” declaration of state of emergency and suspension of the Executive Governor, Deputy Governor, and House of Assembly members who were elected by in Rivers people. It said that the state of emergency has impacted the local government workers who are yet to receive their salaries, as a result, are exposed to avoidable economic…