Author: Ifetayo Adeniyi

FG shares 11 websites for Nigerians to register for initiatives “Nigerians have at least eleven different initiatives created by the federal government to apply and register for these eleven key initiatives,” Idris. These key initiatives span various sectors, including education, transportation, business, housing, and skills acquisition, among others The Minister of Information and National Orientation, Mohammed Idris, announced that Nigerians can access at least eleven different initiatives established by the Federal Government. Idris made this disclosure in a Wednesday noon post on X, using the hashtag #HMMohammedIdris. He also shared a two-minute and 52-second video on his page. He posted,…

Agbolayah Charts a New Course for Community Development in Delta State The Special Adviser to Governor of Delta State on Community Development, Amb. Dr. Toyin Agbolayah convened his first meeting with Senior Special Assistants (SSA), Special Assistants (SA), and Executive Assistants (EA) on Community Development. This meeting marked the official start of his tenure as the newly appointed Special Adviser to the Delta State Government. Amb. Dr. Toyin Agbolayah began the meeting by expressing his sincere appreciation to the Governor of Delta State for entrusting him with the crucial role of Special Adviser. He pledged to execute his duties with…

FG is not under any contractual obligation with Zhongshan company – Bayo Onanuga A Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited,  making claim to take over offshore assets of the Federal Government of Nigeria through subterfuge has reached the presidency. Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga clearly stated that, “The Federal Government is not under any contractual obligation with the company. The case in which Zhongshan tries to use every unorthodox means to strip our offshore assets is between the company and the Ogun State Government”. “The Federal Government is fully aware of…

Education sector will thrive through LG autonomy – Shettima “I want to assure Nigerians that the ongoing reforms initiated by President Bola Tinubu will address inadequacies and ideologies frustrating universal education in the country,” he averred. The Vice President, Kashim Shettima, has backed the recent Supreme Court judgement which granted full financial autonomy to local government councils, noting that the move will enhance the nation’s universal basic education system. The vice president, who warned against abuse of LG autonomy, stated this at the public presentation of a book titled ‘Navigating the Politics of Universal Education Policies in Nigeria’, written by…

AEW2024: UTM Offshore CEO, Julius Rone, Others To Speak At Cape Town Rone will provide a project update on the planned FLNG facility, detailing the role floating liquefaction plays in Africa and the project’s impact on the Nigerian energy industry. The Chief Executive Officer of UTM Offshore, Mr. Julius Rone, will join others from across the globe to speak at the African Energy Week, AEW, taking place in Cape Town, South Africa. The event, slated for November 4-8, has as theme: “Invest in African Energy conference.” Rone will provide a project update on the planned FLNG facility, detailing the role…

Nigeria Youth League Cup: 30 Teams Set To Rival “It is a youth development programme with the mission of providing world-class football experience, and competition for teenagers and young adults between the ages of 16 and 19,” he said. Not fewer than 30 youth teams are set to participate in the maiden edition of the Nigeria Youth League Cup (NYLC). The president of NYLC, Robinson Adakosa, disclosed this at a news conference on Thursday in Abuja. Adakosa said the league has received support from the Sports Ministry, the Nigeria Football Federation, and the Nigeria Premier Football League. He said that…

Bloomberg: Dangote refinery is transforming Nigeria Into an Oil Market Juggernaut In a finely balanced oil market, Nigeria has suddenly reemerged as a key player. During the past few weeks, actions by the country’s massive Dangote refinery have moved prices, with purchases of US barrels initially boosting the crude futures curve before a decision to sell them sent oil tumbling. Once fully operational, the plant outside Lagos will be able to process 650,000 barrels a day, rivaling the largest sites in the US and more than 50% larger than Europe’s biggest refinery. A look at International Energy Agency data this…

For bond hybrid roadshow in Lagos, FG set for $500m … plans to issue $500 million in domestic, foreign currency-denominated bonds in August. The Nigerian government is set for domestic US dollar bond hybrid roadshow in Lagos. This was disclosed by the Debt Management Office (DMO) during the launch of the domestic dollar bond in Lagos on Wednesday. FGN Bonds are typically long-term investments ranging from 3 to 50 years issued by the Debt Management Office (DMO) on behalf of the Federal Government of Nigeria (FGN). Investors earn interest on bonds semi-annually or quarterly. The Federal Government of Nigeria had…

For smooth payments, Mastercard, Scale roll out features to help fintech companies The collaboration will evolve into a technology proposition, enabling any tech company to acquire the Mastercard issuing capability through Scale. Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across the Middle East and Africa. In a statement, Mastercard said the partnership will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers (PSPs) and telcos face when launching payment programs — enabling them to focus on their core business and launch new products and…

Gas pipeline project: Nigeria, Equatorial Guinea signed an agreement The signing of the agreement will open up new opportunities for gas exploration and employment. President Bola Tinubu and the President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo signed an agreement on the Gulf of Guinea pipeline project. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, in a statement on Thursday said the agreement signed on Wednesday evening in Malabo further affirms partnership for mutual development. The agreement, according to the statement, covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural…