Update

News

Fuel Prices Surge 77% in One Year Despite Monthly Dip — NBS Report Reveals Regional Disparities and Inflation Drivers

The average retail price of Premium Motor Spirit (PMS), widely known as petrol, rose sharply to N1,239.33 per litre in April 2025, marking a 76.73% increase compared to N701.24 in…

Esther May 21, 2025

News

Breaking Barriers: SeedFi and Winich Farms Launch Produce-Backed Loans to Empower Nigerian Farmers

For decades, Nigerian farmers have formed the backbone of the nation’s economy feeding millions, sustaining local markets, and preserving generational livelihoods. Yet, they remain one of the most financially underserved…

Esther May 19, 2025

News

Nigeria Partners with China’s BAIC Motor to Pioneer Battery Swap Technology in Clean Energy Push

In a bold move to accelerate its clean energy transition, the Federal Government of Nigeria has initiated strategic talks with China’s BAIC Motor Corporation to explore the adoption of battery…

Esther May 19, 2025

News

Lagos Targets N3 Trillion Public-Private Investment to Combat Coastal Erosion

In a bold move to protect its 180km coastline from escalating coastal erosion, the Lagos State Government has unveiled plans to raise over N3 trillion through strategic public-private partnerships. The…

Esther May 19, 2025

News

Indonesia Raises Palm Oil Export Tax as Global Supply Tightens; Nigeria Accelerates Local Production Strategy

Indonesia, the world’s largest palm oil producer, has increased its export tax on crude palm oil (CPO) from 7.5% to 10% effective May 17. This policy move is designed to…

Esther May 19, 2025

News

OpenAI negotiates new funding with Microsoft after $57.9 billion raised 

Strategic talks may redefine equity, access, and the future of AI power balance Billionaire Sam Altman’s OpenAI and tech giant Microsoft are in advanced negotiations to overhaul the terms of…

Esther May 11, 2025

News

Despite economic uncertainties Nigeria’s pension fund sector maintained strong performance in April with Tangerine Apt Pensions leading the pack

Resilient Growth in Nigeria’s Pension Sector Amid Market Volatility Nigeria’s pension fund industry demonstrated commendable resilience in April 2025, delivering steady positive returns across all Retirement Savings Account (RSA) fund…

Esther May 8, 2025

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Nigeria Partners with FAO to Digitally Transform Agriculture and Boost Food Security

In a major step toward revolutionizing its agricultural sector, the Federal Government of Nigeria has officially endorsed the Digital Village Initiative (DVI) by the Food and Agriculture Organization (FAO). This…

Esther May 8, 2025

Update

Expert advises Nigerians to use passphrases for stronger online security

Mr. Moses Buba, a software expert, has advised Nigerians to adopt passphrases instead of passwords, warning that traditional passwords are no longer strong enough to protect internet users from cyber…

AyobamiBlog April 9, 2025

News

Telecom operators set up Working Group to protect infrastructure across Nigeria

Telecom companies in Nigeria have set up an Industry Working Group to drive the protection of their infrastructure across the country. This comes as a response to the rising cases…

AyobamiBlog March 30, 2025