News

News

President Tinubu Launches NEIF to Tackle Nigeria’s Infrastructure Challenges

President Bola Tinubu on Tuesday, announced the establishment of the National Engineering and Innovation Fund (NEIF) to accelerate the provision of grants and resources to engineers and technologists working to…

AyobamiBlog November 20, 2024

News

Band A customers lament decline in electricity supply after frequent national grid collapse 

The recent national grid collapse in the past week resulted in widespread power outages across Nigeria, significantly affecting Band A customers who previously enjoyed a minimum of 20 hours of…

AyobamiBlog November 19, 2024

News

MTN Nigeria raises N75.18 billion in oversubscribed commercial paper issuance

MTN Nigeria Communications PLC has formally notified the Nigerian Exchange (NGX) and the investing public of the successful completion of its Series 11 and Series 12 commercial paper issuances, raising…

AyobamiBlog November 19, 2024

News

Indian’s Prime Minister honoured with Nigeria’s 2nd highest National award

Nigeria has conferred its second-highest national honour, the Grand Commander of the Order of the Niger (GCON), on Indian Prime Minister Narendra Modi. The award, presented by President Bola Ahmed…

AyobamiBlog November 17, 2024

News

Lagos govt seals Ikeja GRA restaurant for loud music, infractions

The Lagos State Government has sealed Ile Iyan, a popular restaurant offering Nigerian dishes in Ikeja GRA, over allegations of noise pollution and environmental infractions. Officials from the Lagos State…

AyobamiBlog November 16, 2024

News

Deji Adeyanju Blasts FCT Minister Wike: Stop Grabbing People’s Land

Human rights lawyer, Deji Adeyanju, has slammed the Minister of Federal Capital Territory (FCT), Nyesom Wike, asking him to “stop grabbing people’s land” and giving them to his cronies. Adeyanju…

AyobamiBlog November 16, 2024

News

Nigeria plans to issue $1.7 billion Eurobond to fund 2024 budget

The Federal Government has announced plans to raise approximately $1.7 billion through the issuance of Eurobonds to help finance the revenue shortfalls of the 2024 budget. The Minister of Finance…

AyobamiBlog November 15, 2024

News

Lagos govt revokes state-allocated housing units left vacant for more than two years

The Lagos State Government has announced the revocation of state-allocated housing units left unoccupied for over two years. This decision is part of efforts to ensure equitable distribution of housing…

AyobamiBlog November 14, 2024

Gist

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