Ayodeji Adegboyega

Nigeria

Journalist at Premium Times

Aquarius|| Journalist @premiumtimesng || O-(need a blood donor?)

Featured in: Favicon

premiumtimesng.com Favicon

allafrica.com Favicon

nairaland.com Favicon

icirnigeria.org Favicon

newsrescue.com Favicon

htsyndication.com Favicon

desertherald.com Favicon

newsdigest.ng

Articles

NSIA to exit fertiliser scheme after growing blending plants

6 days ago | premiumtimesng.com | Ayodeji Adegboyega

The Nigeria Sovereign Investment Authority (NSIA) has announced it will exit the Presidential Fertiliser Initiative (PFI) this year, following an eight-year intervention that grew the number of fertiliser blending plants from just four in 2017 to 90 this year. The Managing Director and Chief Executive Officer of the Authority, Aminu Umar-Sadiq disclosed this at the NSIA’s 2024 Earnings Presentation and media engagement on Wednesday.
HT Syndication: NSIA to exit fertiliser scheme after growing blending plants

6 days ago | htsyndication.com | Ayodeji Adegboyega

Nigeria, April 18 -- The Nigeria Sovereign Investment Authority (NSIA) has announced it will exit the Presidential Fertiliser Initiative (PFI) this year, following an eight-year intervention that grew the number of fertiliser blending plants from just four in 2017 to 90 this year. The Managing Director and Chief Executive Officer of the Authority, Aminu Umar-Sadiq disclosed this at the NSIA's 2024 Earnings Presentation and media engagement on Wednesday.
US tariff hike could hurt Nigeria’s export earnings, industrial growth - MAN

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

The Manufacturers Association of Nigeria (MAN) has warned that the 14 per cent tariff on Nigerian exports imposed by the United States could hurt the country’s manufacturing sector, reduce export earnings, and derail efforts to grow the economy. In a statement issued on Tuesday, signed by the Director General, Segun Ajayi-Kadir, MAN said the policy would affect agro-processed goods, chemical and pharmaceutical products, and other value-added exports.
Bank recapitalisation crucial for $1 trillion economy target - CBN

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

The Central Bank of Nigeria has reiterated that the ongoing banking sector recapitalisation is essential for Nigeria’s ambition to become a $1 trillion economy, describing the programme as a strategic response to evolving economic realities and global financial shifts.
FCCPC raids Abuja market, seals shops over fake foreign rice brands

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

Officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday raided several shops in Utako Market, Abuja, sealing stores allegedly engaged in rebagging local rice as foreign brands. The operation was carried out with support from security operatives. It targeted retailers selling popular brands including Royal Stallion and Mama Gold, which, according to the commission, have not been officially imported into Nigeria for years.
HT Syndication: FCCPC raids Abuja market, seals shops over fake foreign rice brands

1 week ago | htsyndication.com | Ayodeji Adegboyega

Nigeria, April 16 -- Officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday raided several shops in Utako Market, Abuja, sealing stores allegedly engaged in rebagging local rice as foreign brands. The operation was carried out with support from security operatives. It targeted retailers selling popular brands including Royal Stallion and Mama Gold, which, according to the commission, have not been officially imported into Nigeria for years.
HT Syndication: Bank recapitalisation crucial for $1 trillion economy target - CBN

1 week ago | htsyndication.com | Ayodeji Adegboyega

Nigeria, April 16 -- The Central Bank of Nigeria has reiterated that the ongoing banking sector recapitalisation is essential for Nigeria's ambition to become a $1 trillion economy, describing the programme as a strategic response to evolving economic realities and global financial shifts.
SPECIAL REPORT: Inside the excessive bank charges killing Nigerians

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her younger brother at Kogi State University. Recently, she transferred N5,000 via her mobile banking app and was charged a N10 transfer fee. When her brother withdrew the money from an ATM outside his bank’s network, he lost an additional N100 in withdrawal fees. Had he used a POS agent, the cost could have been even higher, ranging from N300 to N500, depending on location.
HT Syndication: SPECIAL REPORT: Inside the excessive bank charges killing Nigerians

1 week ago | htsyndication.com | Ayodeji Adegboyega

Nigeria, April 15 -- Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her younger brother at Kogi State University. Recently, she transferred N5,000 via her mobile banking app and was charged a N10 transfer fee. When her brother withdrew the money from an ATM outside his bank's network, he lost an additional N100 in withdrawal fees. Had he used a POS agent, the cost could have been even higher, ranging from N300 to N500, depending on location.
N5.51 trillion committed to real sector, PenCom tells IMF delegation

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

The National Pension Commission (PenCom) has disclosed that the Nigerian pension industry has committed a total of N5.51 trillion to asset classes that support long-term financing for real sector growth. This investment, according to a statement by the commission, spans infrastructure, private equity, real estate, and subnational infrastructure initiatives. It forms part of the industry’s efforts to stimulate economic development and deepen the domestic capital market.