Kehinde Ogunyale

Freelance Investigative and Data Journalist

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How Insecurity, Poverty Threatened Education In Nigeria

“I’ve never felt this much pain in my life — it’s unimaginable .At first, they were demanding 800 million naira from the families of the kidnapped students … then they started killing the students to show they were serious,” Ojotun, whose 18 year-old sister was among students kidnapped in Greenfield University, Kaduna, had explained.  He […]Read More

Foreign Stock Investors Withdraw N99.94bn

Foreign investors from the Nigerian stock market pulled out a total of N99.94bn in the first four months of 2021. According to data from the Nigerian Exchange Limited, the foreign portfolio investors injected N78.31bn into the market from January to April. Foreign portfolio investment outflow includes sales transactions or liquidation of portfolio investments through the […]Read More

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Nigeria Losses More To #TwitterBan (Part 1)

The Nigerian Government on June 4 announced – through the Ministry of Information and Culture– indefinitely suspended Twitter’s operations in the country. “The Federal Government has suspended, indefinitely, the operations of the microblogging and social networking service, Twitter, in Nigeria,” the statements reads This suspension came after Twitter deleted a tweet by President Muhammadu Buhari […]Read More

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ANALYSIS: Nigeria’s Insecurity Threatens Agricultural Growth

Nigeria’s agricultural sector might begin to plunge in its growth owing to recurrent insecurity challenges emanating from different parts of the country. The impact of these insecurity challenges, just like the COVID-19 pandemic, are beginning to deny farmers and traders access to grow crops and make sales respectively. The Nigerian Economic Summit Group has said […]Read More

Africa’s COVID-19 Cases Surpass 4.83million

The Africa Centres for Disease Control and Prevention has said the number of confirmed COVID-19 cases in Africa reached 4.8 million as of May 30, 2021. The Africa CDC– the specialised healthcare agency of the African Union– said the death toll from the pandemic stands at 130,451 while 4,365,227 patients have recovered across the continent. […]Read More

FG Receives 75 Bids For 12 Roads Concession

No fewer than 75 firms have submitted bids to serve as concessionaires for 12 federal roads mapped out for concession by the Federal Government of Nigeria. Bid documents submitted by the companies as well as the names of the firms were officially announced at the headquarters of the Federal Ministry of Works and Housing in […]Read More

FG Revenue Agencies Remit N1.54tr In Q1

The Revenue Mobilisation Allocation and Fiscal Commission has disclosed that a total of N1.54 trillion revenue was remitted by the revenue-generating agencies of the federal government of Nigeria. In a statement by the RMAFC, the revenue was remitted into the federation account in the first quarter of 2021. The Chairman of the Commission, Engr. Elias […]Read More

41% Family Businesses To Decline In Sales Growth

Findings by PricewaterhouseCoopers global family business survey for 2021 has revealed that about 41 percent of family businesses in Nigeria are expected to decline in sales growth in the year. The survey examined the views of 2,801 family business leaders and decision-makers across 87 territories. The report is targeted at building on PwC’s long-time involvement […]Read More

NNPC: Trading Surplus Rises To N39.85bn

The Nigerian National Petroleum Corporation has announced a N39.85bn trading surplus for February 2021, representing a 314.24 percent increase from the N9.62bn surplus it recorded in January. Trading surplus or trading deficit is derived after deduction of the expenditure from the revenue for the period under review. NNPC disclosed this in its February 2021 edition […]Read More

Pension Assets Rise To N12.4trn

The total pension fund assets of the Contributory Pension Scheme increased by 0.8 percent Month-on-Month, to N12.4 trillion in April 2021. This is according to the unaudited report on pension funds industry portfolio for the period ended 30 April 2021 released by the National Pension Commission PenCom. The data showed that the funds rose to […]Read More