Author: Ifetayo Adeniyi
Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.
Debt Challenge: Nigeria, Egypt Lead List As African Countries Repay $90bn In 2026 Nigeria, Egypt, South Africa and Angola are at the forefront of Africa’s mounting sovereign debt challenge in 2026, with external repayments on track to breach $90 billion, S&P Global Ratings warns in its African Sovereign Ratings Outlook 2026. It said it could raise Nigeria’s ratings if the country’s economic momentum continues. S&P revised Nigeria’s outlook to Positive from Stable and affirmed its ‘B-/B’ Ratings in November last year. In its latest report, it said, “We could raise our ratings over the next 12 months if Nigeria’s…
Polaris Bank Marks World Cancer Day with Free Breast Cancer Screening for 100 Women Nationwide In commemoration of World Cancer Day, slated for February 4, 2026, Polaris Bank has reaffirmed its commitment to community health and social impact with the launch of a nationwide free breast cancer screening initiative in partnership with its NGO partner, Care Organization and Public Enlightenment (C.O.P.E). The initiative is designed to promote awareness, screening, early detection, and preventive care, reinforcing the Bank’s belief that access to health services is a critical foundation for individual and economic wellbeing. As part of this year’s World Cancer Day…
Manny Ita – Redtech Ltd., the fintech subsidiary of Tony Elumelu’s Heirs Holdings, is considering a $100 million capital raise to fund an ambitious pan-African expansion strategy. The company’s leadership confirmed the potential fundraising move on Wednesday, following a year of exponential growth that saw the firm process approximately ₦30 trillion ($20.6 billion) in transactions throughout 2025. This figure represents a 100% increase over the previous year’s performance, signaling the startup’s rapid transition from a captive service provider for Heirs Holdings into a dominant force in the broader Nigerian digital payments landscape. Chief Executive Officer Emmanuel Ojo stated that the…
Manny Ita Ghana’s inflation rate fell sharply to 3.8 per cent year-on-year in January 2025, down from 5.4 per cent in December, marking the 13th consecutive month of decline and reinforcing signs of improving price stability in the West African economy. The Ghana Statistical Service attributed the slowdown primarily to easing food prices. Government Statistician Alhassan Iddrisu said the January outcome reflects a broad-based moderation in price pressures. “The sustained decline signals that Ghana is firmly on a path towards price stability,” he said, noting that food inflation fell to 3.9 per cent and was the single largest contributor…
Manny Ita Nigerian international footballer Ademola Lookman has revealed his top three Nigerian music artists, naming Davido, Burna Boy, and Wizkid as his favorites. The Atletico Madrid winger made the disclosure in a recent interview following his transfer from Atalanta to the Spanish club. “My top Nigerian artists have to be Wizkid, Burna Boy and Davido,” Lookman said, highlighting the influence and global appeal of their music. He emphasized that he enjoys the work of all three stars, who are among the leading figures in contemporary Afrobeats. The player’s choice reflects the international recognition of the trio. Wizkid has…
Manny Ita Leaders of the Celestial Church of Christ have condemned a viral video showing media personality James Brown wearing a female sutana during a prayer session at a parish. In the clip, which circulated widely on social media, James Brown was seen receiving prayers while dressed in a garment typically worn by female worshippers. The Celestial Reality Check, a verified CCC Facebook page, clarified that James Brown’s visit was not for deliverance but for prayers for success and blessings. The statement explained that the pastor overseeing the parish, Prophet Eze Timothy of CCC Orisun Iye Parish, Ogun State,…
Manny Ita Arsenal defender Jurrien Timber has said winning the Carabao Cup could act as a springboard for the club to achieve further success this season. The north London side booked their place in next month’s final after defeating Chelsea at the Emirates, ending a six-year wait for a trophy. Arsenal have enjoyed a strong campaign, sitting six points clear in the Premier League and advancing to the knockout stages of the Champions League following an unbeaten group phase. The team will also face League One side Wigan in the fourth round of the FA Cup next Sunday. Timber…
Manny Ita Nigerian fintech operators have outlined specific expectations from the Central Bank of Nigeria (CBN) as the regulator seeks to shape the next phase of oversight for one of the country’s fastest-growing sectors. On Monday, the CBN released its first Fintech Report titled Shaping the Future of Fintech in Nigeria: Innovation, Inclusion and Integrity, which drew on stakeholder surveys, closed-door workshops, and roundtables held with fintech operators across the country. The report provides rare insight into how industry players assess regulation, infrastructure, and the operating environment. Feedback from operators reflects a sector at a crossroads. While about half…
Manny Ita The Federal Government has approved a digital system for fish import licensing as part of efforts to regulate imports and boost domestic fish production in Nigeria. The approval, disclosed in a statement signed by Bolaji Akinola, Special Adviser to the Minister of Marine and Blue Economy, was announced on Tuesday. The reform, endorsed by the Minister of Marine and Blue Economy, Adegboyega Oyetola, is aimed at modernising fisheries administration, increasing transparency, and supporting local aquaculture production. “The Honourable Minister of Marine and Blue Economy, His Excellency Dr Adegboyega Oyetola, CON, has approved the digitisation of Nigeria’s fish…
Manny Ita International Breweries Plc recorded a profit before tax of N85.1 billion in the 2025 financial year, marking a significant recovery from the N111.8 billion loss posted in 2024. The company’s latest financial statements, filed with the Nigerian Exchange, show that full-year sales rose to N620.1 billion, representing a 26.83 percent year-on-year increase. Gross profit grew to N204.4 billion, up 55.65 percent from the previous year, while operating profit rebounded to N73.7 billion, compared with an operating loss of N91.07 billion in 2024. Finance income increased to N18.08 billion, a 29.07 percent rise, and finance costs fell sharply…