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Category: Local

DHQ Releases Names, Photos Of Soldiers Killed In Delta Attack
Local

DHQ Releases Names, Photos Of Soldiers Killed In Delta Attack

The Nigerian Army commander, three officers, and 12 soldiers who tragically lost their lives during an attack in a Delta…

byayotilewaMarch 19, 2024March 19, 2024
Why the Internet blackout is a suspicious occurrence
Local

Why the Internet blackout is a suspicious occurrence

The recent internet outage that affected several major trading blocs in Africa, including Ghana, Nigeria, South Africa, Liberia, and Côte…

byayotilewaMarch 19, 2024March 19, 2024
Exclusive: Tinubu begins plan to clean up cabinet
Local

Exclusive: Tinubu begins plan to clean up cabinet

President Bola Tinubu is set to launch a three-step approach for assessing his Ministers and heads of Ministries, Departments, and…

byayotilewaMarch 19, 2024April 4, 2024
Nigeria at wits’ end as oil thieves overrun surveillance
Local

Nigeria at wits’ end as oil thieves overrun surveillance

Nigeria, Africa’s largest oil producer, is facing a critical challenge in curbing crude oil theft, with sophisticated criminal networks surpassing…

byayotilewaMarch 18, 2024March 18, 2024
Senate warns against supplementary budget, excess loans
Local

Senate warns against supplementary budget, excess loans

The Nigerian Senate has cautioned the executive against enlarging the budget size through a supplementary budget, urging instead the utilization…

byayotilewaMarch 18, 2024March 18, 2024
Notore appoints chairman after three years
BusinessLocal

Notore appoints chairman after three years

Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of directors, succeeding…

byayotilewaMarch 18, 2024March 18, 2024
Headline: Nigerian Exchange Gains N2.12tn as Investors Anticipate Dividend Season
BusinessLocalTrade

Headline: Nigerian Exchange Gains N2.12tn as Investors Anticipate Dividend Season

The Nigerian Exchange witnessed another positive week, with investors positioning themselves ahead of the dividend-paying season, resulting in a gain…

byayotilewaMarch 18, 2024March 18, 2024
FG eyes $1bn W’Bank loans for IDPs, agric
FinanceLocal

FG eyes $1bn W’Bank loans for IDPs, agric

The Federal Government of Nigeria is in discussions with the World Bank to secure loans totaling over $1bn aimed at…

byayotilewaMarch 18, 2024March 18, 2024
Controversy Trails Bird Flu Outbreak In Kebbi
Local

Controversy Trails Bird Flu Outbreak In Kebbi

Since the declaration of the avian influenza outbreak in Kebbi State over a month ago, a dispute between poultry farmers…

byayotilewaMarch 18, 2024March 18, 2024
Meta, Boeing, GE Vernova join US business delegation to Vietnam this week
Local

Meta, Boeing, GE Vernova join US business delegation to Vietnam this week

A sizable US business delegation, including Meta, Boeing, and wind energy firm GE Vernova, is currently visiting Vietnam, underscoring sustained…

byayotilewaMarch 18, 2024March 18, 2024
FG begins training of inmates, each to get N500,000 after exercise
Local

FG begins training of inmates, each to get N500,000 after exercise

The federal government has initiated vocational training programs for inmates across 241 custodial facilities throughout Nigeria. Abiola Arogundade, the Senior…

byayotilewaMarch 14, 2024March 14, 2024
Why Launch Of Student Loan Scheme Was Postponed – FG
Local

Why Launch Of Student Loan Scheme Was Postponed – FG

The Federal Government has provided clarity regarding the postponement of the launch of the student loan scheme. Sonny Echono, the…

byayotilewaMarch 14, 2024March 14, 2024
Food processors invest N23.8bn in Nigeria to cut import bill
BusinessCommoditiesLocal

Food processors invest N23.8bn in Nigeria to cut import bill

Despite facing challenges of slow economic growth and high business costs, Nigeria has secured N23.8 billion in investments from food…

byayotilewaMarch 14, 2024March 14, 2024
Economist Forecasts Lower Interest Rates in Nigeria by 2026
BusinessLocal

Economist Forecasts Lower Interest Rates in Nigeria by 2026

According to the Economist Intelligence Unit (EIU), Nigeria’s Monetary Policy Rate (MPR) is expected to drop to 12.5 percent by…

byayotilewaMarch 14, 2024March 14, 2024
Fintechs raise interest rates as digital lenders plan hike
BusinessLocal

Fintechs raise interest rates as digital lenders plan hike

Following the Central Bank of Nigeria’s (CBN) decision to increase the monetary policy rate (MPR) to 22.75 percent in February…

byayotilewaMarch 14, 2024March 14, 2024
Reps summon Dangote, BUA, others over cement price hike
BusinessLocal

Reps summon Dangote, BUA, others over cement price hike

The Nigerian House of Representatives has decided to call upon major cement manufacturers like Dangote Cement and BUA Cement to…

byayotilewaMarch 14, 2024March 14, 2024
Heirs Technology Appoints Obong Idiong as CEO
LocalTechnology

Heirs Technology Appoints Obong Idiong as CEO

Heirs Technology, a subsidiary of Heirs Holdings, has named Obong Idiong as its new Chief Executive Officer. Idiong previously served…

byayotilewaMarch 14, 2024March 14, 2024
Navy acquires patrol vessels to boost maritime security
Local

Navy acquires patrol vessels to boost maritime security

The Nigerian Navy has announced the acquisition of two advanced offshore patrol vessels from Dearsan Shipyard in Turkey, aimed at…

byayotilewaMarch 14, 2024March 14, 2024
Foreign direct investments withdrawal will continue in Nigeria – EIU
investmentLocal

Foreign direct investments withdrawal will continue in Nigeria – EIU

The Economist Intelligence Unit (EIU) has issued a report stating that indigenous oil companies acquiring assets from international oil companies…

byayotilewaMarch 14, 2024March 14, 2024
CBN provides N100bn fertilisers to boost food production
Local

CBN provides N100bn fertilisers to boost food production

The Central Bank of Nigeria (CBN) has handed over fertilizers worth N100 billion to the Federal Ministry of Agriculture and…

byayotilewaMarch 14, 2024March 14, 2024
FG Postpones Launch of  Students Loan Indefinitely
Local

FG Postpones Launch of Students Loan Indefinitely

The Federal Government has announced the indefinite postponement of the launch of the Nigerian Students Loan Scheme. Akintunde Sawyer, the…

byayotilewaMarch 13, 2024March 13, 2024
Bode Abifarin Steps Down as COO of Flutterwave
Local

Bode Abifarin Steps Down as COO of Flutterwave

Bode Abifarin has announced her resignation from her role as Chief Operating Officer (COO) at Flutterwave, a leading fintech startup.…

byayotilewaMarch 13, 2024March 13, 2024
Airbnb Bans Security Cameras in Guest Homes
Local

Airbnb Bans Security Cameras in Guest Homes

Airbnb has announced a significant policy change, banning the use of indoor security cameras in guest homes globally. The decision…

byayotilewaMarch 13, 2024March 13, 2024
Sokoto Allocates N6.7 Billion for Ramadan Feeding Programme
Local

Sokoto Allocates N6.7 Billion for Ramadan Feeding Programme

The Sokoto State government has announced plans to allocate N6.7 billion towards its Ramadan feeding programme, aimed at supporting the…

byayotilewaMarch 13, 2024March 13, 2024
Saudi Aramco’s Dividend Payouts Exceed Nigeria’s Budget
investmentLocal

Saudi Aramco’s Dividend Payouts Exceed Nigeria’s Budget

Saudi Aramco, the majority state-owned oil firm of Saudi Arabia, announced a significant dividend payout of $97.8 billion in 2023,…

byayotilewaMarch 13, 2024March 13, 2024
$1.2 million trade facility to boost Nigeria’s export capacity
LocalTrade

$1.2 million trade facility to boost Nigeria’s export capacity

The World Trade Organization (WTO), in collaboration with the International Finance Corporation (IFC), has launched a N1.9 billion ($1.2 million)…

byayotilewaMarch 13, 2024March 13, 2024
Foreign Investor Eyes LivingTrust Mortgage Bank
investmentLocal

Foreign Investor Eyes LivingTrust Mortgage Bank

LivingTrust Mortgage Bank Plc is set to receive a significant boost with a foreign investor eyeing a 7% stake in…

byayotilewaMarch 13, 2024March 13, 2024
Tinubu submits FCTA 2024 budget to Reps
Local

Tinubu submits FCTA 2024 budget to Reps

President Bola Tinubu has presented the 2024 budget proposal for the Federal Capital Territory Administration (FCTA) to the House of…

byayotilewaMarch 13, 2024March 13, 2024
Nigeria will secure Gulf of Guinea, Tinubu tells Equatorial Guinea president
Local

Nigeria will secure Gulf of Guinea, Tinubu tells Equatorial Guinea president

President Bola Tinubu reaffirmed his administration’s commitment to securing the Gulf of Guinea during a meeting with the Special Envoy…

byayotilewaMarch 13, 2024March 13, 2024
Unity Bank, SkillPaddy train 1,000 female software engineers
BusinessLocal

Unity Bank, SkillPaddy train 1,000 female software engineers

Unity Bank Plc has collaborated with the tech platform, SkillPaddy, to launch the ‘Count Her In’ tech programme aimed at…

byayotilewaMarch 13, 2024March 13, 2024

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