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NNPC signs 10 years deal to supply gas to Dangote Refinery to boost local production  

The Nigerian National Petroleum Company (NNPC) Limited has signed a 10-year gas supply agreement with Dangote Refinery, marking a significant boost for local production and industrial growth in Nigeria. The…

AyobamiBlog November 14, 2024
News

EFCC linked frequent national grid collapse to corrupt contractors in power sector

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has attributed the frequent collapse of Nigeria’s national grid to corrupt practices by contractors. Olukoyede made…

AyobamiBlog November 13, 2024
Entertainment

MultiChoice Nigeria Loses 243,000 DStv, Gotv, Subscribers In Six Months Over Inflation, Price Hikes

MultiChoice attributed this decline to Nigeria’s high inflation rate, which exceeds 30%, driven by the rising costs of food, electricity, and fuel, causing many customers to disconnect. The South African…

AyobamiBlog November 13, 2024
News

Lagos State requires $14bn to $33bn investment to meet energy needs

The Lagos State Government has projected an investment requirement of $14 billion to $33 billion to address its energy generation needs by 2030. This was disclosed by Mr. Kamaldeen Balogun,…

AyobamiBlog November 12, 2024
News

Russian navy warship equipped with hypersonic cruise missiles has conducted drills in the English Channel, Russian news agencies have reported.

The ship – the Project 22350 frigate Admiral Golovko – passed through the channel to carry out tasks in the Atlantic Ocean, according to state news agency TASS. It is…

AyobamiBlog November 12, 2024
Breaking News

Nigerian Petroleum Marketers, IPMAN Agree With Dangote Refinery To Lift Fuel Directly

This is coming after the union secured an agreement with Dangote Group on Monday according to IPMAN National President, Abubakar Garima. The members of the Independent Petroleum Marketers Association of…

AyobamiBlog November 11, 2024
News

Presidency directs N5.4 trillion subsidy savings toward nationwide development initiatives

The Nigerian Presidency announced that an estimated N5.4 trillion in savings from subsidy removal in 2024 is being directed towards infrastructure and social intervention programs aimed at benefiting all tiers…

AyobamiBlog November 11, 2024
News

NLC issues ultimatum to state governments to implement new minimum wage by December 1

The Nigeria Labour Congress (NLC) has issued a December 1 ultimatum for all state governments to implement the new national minimum wage, citing the worsening economic situation faced by Nigerian…

AyobamiBlog November 11, 2024
News

Lagos govt commences demolition of shanties, illegal structures on Bourdillon Road, Ikoyi Lagos

The Lagos State Government has commenced the clearing and demolition of shanties and illegal structures around NIPOST on Bourdillon Road, Ikoyi, as part of its ongoing urban regeneration initiative. The…

AyobamiBlog November 11, 2024
News

Equatorial Guinea sex tape scandal: The story behind the Baltasar Ebang Engonga leak

Baltasar Ebang Engonga was detained on suspicion of corruption before the videos were leaked. What the rest of the world sees as a sex tape scandal could in fact be…

AyobamiBlog November 10, 2024