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Align with global standards in tackling illicit funds – CBN to banks

Central Bank of Nigeria (CBN) has called on financial institutions to strengthen their compliance frameworks and align with global banking standards to combat illicit financial flows and maintain the integrity…

AyobamiBlog March 3, 2025

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Trump Administration Orders Mass Layoff of 1,600 USAID Employees in the U.S.

The Trump administration has announced a significant reduction in the workforce of the U.S. Agency for International Development (USAID), initiating the termination of approximately 1,600 U.S.-based employees. This move is…

AyobamiBlog February 24, 2025

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FG and Olam Agri Discuss Strategic Investments to Enhance Nigeria’s Agribusiness Sector

Olam Agri, a prominent agribusiness company, has engaged in discussions with the Federal Government to explore strategic investments aimed at boosting Nigeria’s agricultural sector. In a recent meeting with the…

AyobamiBlog February 24, 2025

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Billionaire Aliko Dangote Reflects on $23 Billion Refinery Project: “The Biggest Risk of My Life”

Africa’s richest man, Aliko Dangote, has opened up about the monumental challenges and risks he faced during the construction of the Dangote Refinery, a project that has significantly transformed Nigeria’s…

AyobamiBlog February 18, 2025

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Lagos State cancels remote work for public servants from March 31, 2025

The Lagos State Government has announced the termination of the remote work policy for public servants, a measure initially introduced to mitigate the impact of fuel subsidy removal. The Head…

AyobamiBlog February 12, 2025

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Over 65% of prison inmates in Nigeria are awaiting trial – NBA president

The President of the Nigerian Bar Association (NBA), Chief Afam Osigwe, has disclosed that over 65 per cent of inmates in the 244 correctional centres across Nigeria are awaiting trial.…

AyobamiBlog February 7, 2025

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Kano Gov launches N400 million community fund to boost crop production, combat poverty

Governor Abba Yusuf of Kano State has launched a N400 million community revolving fund to boost the production of assorted crops. Yusuf presented the cheques to the beneficiaries on Thursday…

AyobamiBlog February 7, 2025

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PoS transactions surge to 18 trillion in 2024 as fintechs expand terminal deployment

The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to N18 trillion in 2024, hitting an all-time yearly record. This is according to data obtained from…

AyobamiBlog February 4, 2025

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Telcom tariffs increase should not be more than 60% – Bosun Tijani

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has said that the planned increment in telecommunications tariffs to be approved by the Nigerian Communications Commission (NCC) should…

AyobamiBlog January 16, 2025

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NIPOST seeks partnership with Lagos government to boost e-commerce in Nigeria

The Nigeria Postal Service (NIPOST) has said it is working on a close partnership with the Lagos State Government to boost e-commerce in the state. The Postmaster-General/Chief Executive Officer of…

AyobamiBlog January 9, 2025