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.

FG plans to put up super grid as backup for stable electricity Adebayo Adelabu Nigerian to expect power support soon. Mr Adebayo Adelabu, Minister of Power, says the Federal Government will soon establish super electricity grid as backup to the national grid that is experiencing incessant collapse. Adelabu said this while briefing State House correspondents after a meeting with President Bola Tinubu on Monday at the Presidential Villa, Abuja. According to him, if the national grid has a problem, the super grid will be an alternative route through which power will be transmitted. He added that regional grids would be…

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States committed to payment of  FG’s N70,000 minimum wage President Bola Tinubu States committed to payment of  FG’s N70,000 minimum wage enlisted. As President Bola Tinubu signed the new national minimum wage of N70,000 into law on Monday, 29 July 2024, up from the previous N30,000, many states have begun to express readiness to either adopt the new N70,000 wage benchmark or pay above the federal government. According to reports, 21 state governors have confirmed their readiness to pay state workers at least N70,000 monthly. Surprisingly, some states have exceeded the national benchmark by indicating their willingness to pay N80,000…

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FG urges state govs to Implement minimum wage now – Akume President Bola Tinubu Federal government shows commitment to the full implementation of the wage increase. The federal government has commended state governors who have begun implementing the new N70,000 minimum wage, urging those yet to do so to take immediate action. This initiative, emphasised as a priority for President Bola Tinubu’s administration, aims to address the rising cost of living across the country. Secretary to the Government of the Federation (SGF) George Akume, during a briefing at the Presidential Villa in Abuja on Monday, reiterated the government’s commitment to…

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Tinubu introduces National Lottery Trust Fund’s, strategy for transformation President Bola Tinubu … means to transform Fund. In a bid to bolster the operations of the National Lottery Trust Fund (NLTF), President Bola Tinubu has unveiled a comprehensive four-year strategic plan aimed at transforming the Fund and maximising its impact on various good causes across Nigeria. The event took place at the Aso Villa Banquet Hall on Monday, marking a pivotal milestone in the history of the NLTF. Speaking on behalf of the president, George Akume, the Secretary to the Government of the Federation (SGF), expressed confidence in the strategic…

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Polaris Bank remains best digital bank in Nigeria, claiming award for the fourth time Polaris Bank remains best digital bank in Nigeria, claiming award for the fourth time. Polaris Bank, Nigeria’s leading digital retail commercial bank, again at the weekend proved its digital dominance in the Nigerian banking industry, winning the most-coveted award as the best in digital banking and the entire ecosystem for micro, small and medium enterprises (MSMEs). At the Banks and Other Financial Institutions Awards (BAFI Awards), financial industry’s prestigious awards, Polaris Bank’s trailblazing digital banking platform, VULTe was adjudged the best as “Digital Bank of the…

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Telecoms FDI has grown 7-year high considering challenges Telecoms FDI has grown 7-year high considering challenges Foreign Direct Investment (FDI) in Nigeria’s telecom sector surged by 537.26 percent to a seven-year high of $304.99 million in the first half of 2024. However, industry experts have said this growth is insufficient to close the sector’s investment gaps or return it to profitability. According to the National Bureau of Statistics, telecom investments reached a seven-year high after plummeting to $98.37 million in H1 2018 from $319.96 million in H1 2017. Despite this, the sector has struggled with new economic challenges, particularly after…

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What You Need to Know About the Adron Homes Lemon Friday Promo The Lemon Friday Promo is Adron Homes and Properties’ most exciting and anticipated annual sales event! Every year, Adron Homes brings unbeatable deals and extraordinary benefits for people looking to invest in real estate. This year’s Lemon Friday Promo promises even bigger discounts, exclusive prizes, and unique opportunities to own land or property in premium locations. Here’s everything you need to know about the promo: 1. Incredible Discounts on All Properties The Adron Lemon Friday Promo offers massive discounts on all Adron properties, including residential estates, commercial plots,…

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Sanwo-Olu With One Day Governor AbdulAzeez, Cabinet Members, Advises Them To Concentrate On Future Ambition Abdulazeez Abdulrahmon and Babajide Sanwo-Olu Sanwo-Olu gives encouragement to One Day Governor AbdulAzeez and his Cabinet members to be determined to achieve greater heights in future goals. The Lagos State Governor, Mr. Babajide Sanwo-Olu and his wife, the First Lady of Lagos State, Dr. (Mrs.) Claudiana Ibijoke Sanwo-Olu, today received the One Day Governor and Overall Winner of the 20th Edition of the Spelling Bee Competition, Abdulazeez Abdulrahmon, at the Lagos State House, Marina. Abdulrahmon is a student of Oriwu Senior Model College, Ikorodu. The…

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IFC, CBN collaborate, sign deal to improve local currency financing Naira notes IFC and CBN have collaborated by signing a deal to improve local currency financing in Nigeria. The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy. This was according to a joint press statement from the IFC and the CBN on Monday. The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will provide naira-based…

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FG did not buy new jet for Tinubu –  Onanuga President Bola Tinubu Onanuga says Federal Government did not buy new jet for Tinubu. Presidential spokesman, Bayo Onanuga, has stated that the Federal Government did not buy a new official jet for President Bola Tinubu, contrary to claims on social media. On Sunday’s edition of Inside Sources on Channels Television, Onanuga stated that the government acquired a refurbished jet for the president, adding that the plane belongs to the country. Onanuga stated that some jets in the presidential fleet purchased under former President Olusegun Obasanjo are all in bad condition,…

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