Author: Ifetayo Adeniyi
Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.
A sum of $52bn obtained from Afreximbank, largest in Africa The President of Afeximbank, Prof. Benedict Oramah A sum of $52bn obtained from Afreximbank, largest in Africa Nigeria has acquired a cumulative disbursement of approximately $52bn from the African Export-Import Bank, making it the largest beneficiary of the bank’s trade and development financing across Africa. The President and Chairman of the Board of Directors of Afreximbank, Prof Benedict Oramah, said this on Tuesday at the Afreximbank Annual Meetings 2025 Signing Ceremony in Abuja. Oramah said, “Being the largest recipient of the bank’s trade and development finance, Nigeria has attracted a…
NIN announced as requirement for accessing social services George Akume NIN announced as requirement for accessing social services NIN announced as requirement for accessing social services. Secretary to the Government of the Federation, Senator George Akume, has declared that Nigerians will now require the National Identification Number to access social services. He further emphasised that the poor and vulnerable populations will need the NIN to benefit from palliatives. Senator Akume made the statement while opening an Inter-Ministerial retreat on the Nigeria Digital Identification for Development (ID4D) Project at the Radisson Blu Hotel, Ikeja, Lagos. Represented by Prof. Babatunde Bolaji, the…
Dangote refinery drops diesel price to N1,020 per litre DANGOTE REFINERY Dangote refinery drops diesel price to N1,020 per litre Dangote refinery drops diesel price to N1,020 per litre. Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price. On Tuesday, the company said the reduction was to better serve its customers and Nigerians in general. Recall that when it began diesel production in January 2024, the refinery reduced the price of diesel more than three times, from an initial N1,700 per litre…
Africa Energy Bank chooses March to begin operations – Lokpobiri Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri Africa Energy Bank chooses March to begin operations – Lokpobiri Africa Energy Bank has deemed it fit to start its operations in March 2025, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated. Lokpobiri stated this yesterday at the opening of the Sub-Saharan Africa International Petroleum Conference organised by the Petroleum Technology Association of Nigeria. According to him, the building hosting the bank is receiving finishing touches in Abuja, the Federal Capital Territory. He said Africa’s…
AGF at final stage of direct payment system for LG allocations Minister of Information and National Orientation, Mohammed Idris AGF at final stage of direct payment system for LG allocations. The Federal Government has acknowledged delays in the implementation of direct funding for local governments, assuring Nigerians that efforts are underway to resolve the bottlenecks. The Minister of Information and National Orientation, Mohammed Idris, stated this at the pre-ministerial press briefing on Tuesday in Abuja. Months after the Supreme Court in July last year granted full financial autonomy to the 774 local government areas, their allocations are still being paid…
Pitch Awards to launch 11th edition, nominees Feb 20 Pitch awards Pitch Awards to launch 11th edition, nominees Feb 20 The nominees for the 11th edition of the Nigeria Pitch Awards will be launched at a press conference in Lagos on February 20. Nigeria Pitch Awards President Shina Philips said the list of nominees had been compiled following a nationwide voting process by sports editors between November 25, 2024 and January 18, 2025. “Voting for the 11th edition of the Nigeria Pitch Awards was done by sports editors spread across the nation. All votes cast were collated and verified by…
Cambridge recognizes Nigerian Onyemechalu’s Project on Biafra Heritage Cambridge recognizes Nigerian Onyemechalu’s Project on Biafra Heritage Nigeria, PhD student at the University of Cambridge’s Department of Archaeology, Stanley Onyemechalu, has been recognised for his Legacies of Biafra Heritage Project. According to an article published by the department on Monday, Onyemechalu was recently named runner-up in the Early Career Researcher category at the Cambridge Awards for Research Impact and Engagement. His project reportedly engaged both young and old in Enugu, south-eastern Nigeria, through creative artistic expressions. L-R: Stanley Jachike Onyemechalu, Dr Tamsin O’Connell and Dr Nik Petek-Sargeant | Image: Cambridge Chronicles…
Customs, 4% FOB charge on imports, suspended Customs, 4% FOB charge on imports, suspended The Nigerian Customs Service has suspended the implementation of the widely criticised four per cent Free-on-Board value on imports. A statement signed by the Customs National Public Relations Officer, Abdullahi Maiwada, disclosed the latest development on Tuesday in Abuja. The amount, as stipulated in Section 18(1)(a) of the Nigeria Customs Service Act 2023, has already raised concerns among businesses struggling with high operating costs. Maiwada said the suspension presents an opportunity to review the service’s revenue framework holistically. The statement read, “The Nigeria Customs Service hereby…
BUA Cement gives donation of medical supplies to 16 Sokoto communities totalling N35m BUA Group • BUA Cement gives donation of medical supplies to 16 Sokoto communities totalling N35m. As part of its Corporate Social Responsibilities, BUA Cement, a leading cement manufacturer in Africa, has donated medical supplies worth N35 million to 16 host communities in the Wamakko Local Government Area of Sokoto State. During the official handover ceremony on Tuesday, BUA Cement’s Managing Director and Chief Executive Officer, Yusuf Binji, represented by the Director of Administration and Corporate Services, Sada Suleiman, stressed the company’s commitment to ensuring hospitals and…
MTN applies 50% tariff hike, updates data prices MTN applies 50% tariff hike, updates data prices MTN, Nigeria’s largest telecom operator, has started the implementation of a 50 per cent tariff increase approved by the Nigerian Communications Commission in January. This adjustment, which is evident in the updated prices of data plans, leaves call and SMS rates unaffected for the time being. A senior executive from MTN, who doesn’t want to be mentioned, confirmed the development in a conversation with our correspondent on Tuesday. “Yes, we’ve started updating our price lists. “However, this process is gradual, and we haven’t completed…