Author: Newsjaunts

Nigeria’s diversification drive has gathered momentum in recent years as government initiatives push to reduce dependence on crude oil and strengthen non-oil sectors as engines of growth. From the Central Bank of Nigeria’s RT200 programme to incentives offered by the Nigerian Export Promotion Council (NEPC), the country has implemented policies designed to encourage exporters, boost foreign exchange inflows, and integrate local enterprises into global value chains. Complementing these efforts, Fidelity Bank Plc has steadily positioned itself as one of the private-sector leaders advancing the country’s non-oil export agenda. Through its flagship initiative—the Fidelity Nigeria International Trade & Creative Connect (FNITCC),…

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Several lucky Nigerians on Monday received huge cash prizes in Globacom’s Jolly Product Cash Award presentation ceremonies held simultaneously in different cities across the country. The events featured winners from different categories, Jolly Life lottery, Jolly Wheel, Jolly Win, and Jolly Trivia. The star prize of ₦1 million went to Sunday Efenure, a 69-year-old technician from Edo State who won through the Jolly Wheel promo. Efenure who received his cheque in Lagos confessed that he almost ignored the news of his win, fearing it was a scam. “With the rate of scams in the country, I didn’t believe it at first. My wife encouraged…

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The People’s Democratic Party (PDP) has suffered another setback in Ogun State as Honourable Akinde Kehinde Olaniyi, a prominent chieftain and former chairmanship candidate for Yewa North Local Government in the 2021 local government elections, formally announced his resignation from the party. Speaking during a media briefing held at his country home in Ijoun, Yewa North, Hon. Akinde expressed deep disappointment with the current state of the PDP, both at the national, State and local government levels. “The one-time noble party I cherished so much has become a shadow of itself,” he said. “Right from the national level manipulative division…

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Lagos, Nigeria: Number one Best Workplace in Banking in Nigeria and recognised as Africa’s most agile company, Sterling Bank Limited celebrated the first anniversary of SeaBaas, the revolutionary core banking system designed and built in Africa. In just twelve months since its go-live, SeaBaas has processed over 2 billion transactions, reduced processing times by about 60%, and driven a 66% surge in customer adoption, setting new benchmarks for scale, efficiency, and reliability in financial technology. Since launch, the platform has powered Sterling’s digital ecosystem, OneBank,SterlingPro, Switch, Specta, and more, while enabling fintech integrations, agentbanking networks, and third-party solutions. With zero…

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Nasarawa State improved their medals’ achievements at the ongoing 9th National Youth Games holding in Asaba, the Delta State Capital, to six after recording some mind-blowing successes on Tuesday. Sidi Ibrahim won the State’s first gold medal after defeating twenty-one other States to emerge champion in the Boys’ Junior Stable Ford Golf event. The prodigy had won Team Nasarawa a bronze medal in the Eclectic Golf event the previous day, and looks poised to make it a second gold medal and three medals in total by a single athlete when he faces off against his opponents from other States on…

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Nestlé Waters has unveiled the Nestlé Water Quality Advocacy campaign; a bold initiative aimed at raising national awareness on the need for quality water across Nigeria. This campaign was developed in collaboration with the Organised Private Sector in Water, Sanitation, and Hygiene (OPS-WASH). Nestlé Waters and OPS-WASH have committed to taking the advocacy for quality water to all segments of society, from policymakers and businesses to schools, and grassroots communities, with the intent to close the knowledge gap around the invisible threats posed by contaminated water. The launch event in Abuja brought together key stakeholders to emphasise the critical importance of…

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The Ogun State chapter of the Sports Writers Association of Nigeria (SWAN) has appointed seasoned broadcast journalist, Bayo Adegboyega, as Chairman of the Local Organising Committee (LOC) for the 2025 SWAN Security Cup, scheduled to take place in October at the MKO Abiola Sports Arena. Other members are Lekan Atanda, Joke Adeleye, Babajide Adewumi, Kayode Sodamola while Seun Odunlami will serve as the Secretary. Announcing the appointments, Chairman of Ogun SWAN, Comrade Michael Azeez Ogunsiji, stated that Adegboyega’s selection was based on his wealth of experience in both media and sports management. He highlighted that Adegboyega has been with the…

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Dangote Group has issued a formal condolence message following the death of Ruth Otabor, who sustained injuries in a recent road accident involving one of the company’s trucks in Auchi, Edo State. “We are deeply saddened by the passing of Ruth Otabor,” the statement read. “On behalf of the entire Dangote Group, we extend our heartfelt condolences to her family, friends, and loved ones at this difficult time.” According to the company, Otabor had been receiving medical support since the incident, with all financial and medical costs covered by Dangote officials and insurance partners. “Arrangements had been made for her…

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