Author: Ifetayo Adeniyi

New flight route between  Nigeria, Algeria to begin in April Minister of Aviation and Aerospace Development, Festus Keyamo New flight route between  Nigeria, Algeria to begin in April Both Nigeria and Algeria are set to strengthen their aviation ties with the launch of a new flight route under the Bilateral Air Service Agreement, scheduled to commence in April 2024. The Special Adviser on Media and Communications to the Ministry of Aviation and Aerospace Development, Tunde Moshood, confirmed this in a statement released on Tuesday. According to the statement, “The Honourable Minister of Aviation and Aerospace Development, Festus Keyamo SAN, received…

Sanwo-Olu launches Red Line bus terminal with fare reduction of 30% Sanwo-Olu at the unveiling on Tuesday Sanwo-Olu launches Red Line bus terminal with fare reduction of 30%. Lagos State Governor, Babajide Sanwo-Olu, has inaugurated the newly completed Abule Egba Bus Terminal in the Orile-Agege Local Council Development Area, a project designed to improve mass transportation and connectivity within the state. This was just as he announced a 30 per cent reduction in the fare price of the Red Line rail service. The governor made this known in a statement on his verified X handle on Tuesday. The statement noted…

FG opens first NDLEA barracks in Adamawa FG opens first NDLEA barracks in Adamawa The Federal Government on Tuesday, inaugurated barracks for the National Drug Law Enforcement Agency in Adamawa State. The barracks is the first for the anti-drug agency since its establishment. According to a statement by the agency’s spokesman, Femi Babafemi, he said the barracks would provide office and residential accommodation for officers, men and women of the anti-narcotics body. NDLEA, Femi Babafemi Babafemi stated that during the inauguration, the Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, said the facility was an…

Nigerian Press In Dire Need Of Government Bailout Amid Economic Downturn – Media Expert,  Ifetayo Media Expert, Ifetayo Adeniyi Nigerian Press In Dire Need Of Government Bailout Amid Economic Downturn – Media Expert,  Ifetayo • Highlights Media role and need for assistance. • Unveils Reigh Advertising and Megastar Media Communications Office in Abuja Media expert Adeniyi Ifetayo has urged the Nigerian government to establish a bailout fund for struggling media organizations as the country faces continued economic challenges. Speaking at the launch of Reigh Advertising and Megastar Media Communications Office in Abuja, Ifetayo emphasized the critical role media plays in…

CBN requests banks details of dormant accounts, unclaimed balances publication Yemi Cardoso CBN requests banks details of dormant accounts, unclaimed balances publication The Central Bank of Nigeria (CBN) has instructed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their official websites. According to CBN, a dormant account refers to a bank account that has remained inactive for at least one year. The directive was outlined in a circular issued on Monday, titled “Guidelines on Management of Dormant Account, Accounts, Unclaimed Balances and Other Financial Assets in Banks and Other…

FG partners stakeholders to strengthen MSMEs growth, sets up C’ttee to enhance financing FG partners stakeholders to strengthen MSMEs growth, sets up C’ttee to enhance financing The Federal Government on Tuesday declared that it is working in collaboration with other stakeholders to ensure growth in Nigeria’s Micro, Small and Medium Enterprises (MSMEs) sector. To this end, the National Council on Micro, Small and Medium Enterprises, MSMEs, has set up a committee to interface with the Central Bank of Nigeria to enhance the financing of small businesses in the country. This was part of decisions taken at the first meeting of…

NIHOTOUR Nigeria, South African High Commission Strengthen Partnership on Hospitality, Tourism, and Cultural Exchange The National Institute for Hospitality and Tourism (NIHOTOUR) has taken a significant step towards strengthening the bilateral relations between Nigeria and South Africa in the areas of hospitality, tourism, and travel. This follows a strategic visit by Professor Bobby J. Monroe The Consul General of the Republic of South Africa in Lagos Nigeria to NIHOTOUR headquarters abuja, where he engaged with the Director General/CEO of NIHOTOUR, Aare (Dr.) Abisoye Fagade, FIMC, on fostering deeper collaborations between Nigeria and South Africa. Speaking during the meeting, Aare Abisoye…

Olori Atuwatse III To Empower 1000 Girls in ‘Set4Lyf’ Programme Olori Atuwatse III To Empower 1000 Girls in ‘Set4Lyf’ Programme. To help female students navigate life beyond secondary education, Olori Atuwatse III, Queen Consort of Warri Kingdom has  initiated an empowerment program tagged ‘Set4Lyf’ -a six-month intensive training program for girls in Warri, Delta State. The programme, an initiative of Olori Atuwatse III through her foundation, Royal Iwẹrẹ Foundation, in collaboration with Junior Achievement Nigeria, was flagged off on Monday, February 17, at the Palace of the Olu of Warri. The Set4Lyf Project targets over 1000 female students in…

Nigerian film bureaucrats, practitioners to meet with Netflix’s executives in Amsterdam Nigerian film bureaucrats, practitioners to meet with Netflix’s executives in Amsterdam The delegation’s engagement with Netflix is expected to yield positive outcomes for the Nigerian film industry and pave the way for future collaborations. Minister Mussawa and leader of the Delegation, Dr Husseini, ED/CEO, Censors Board In accordance with Netflix’s recent decision to stop commissioning original content from Nigeria, the federal government has dispatched a delegation of Nigerian film workers to meet with the streaming platform’s executives at its corporate headquarters in Amsterdam. Led by the Executive Director/CEO of…

Cardoso has asked for Stronger Economic bond with Middle East, Diaspora while in Riyadh Governor of Central Bank of Nigeria, Mr. Olayemi Cardoso Cardoso has asked for Stronger Economic bond with Middle East, Diaspora while in Riyadh • Improving remittance flows and strengthen the country’s financial sector. • Just 15.4% of FX demand accessed at official window. Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in the region. Cardoso made the call during a meeting with Assistant Governor for Monetary Affairs, Saudi Arabia…