Author: Ifetayo Adeniyi

AfCFTA, Dangote Refinery opens opportunity for shipping business Dangote Refinery is positioning Nigeria for the AfCFTA, which is also creating new trade opportunities between Nigeria and African countries. New business opportunities are opening up for indigenous and international shipping companies following the commencement of the $20 billion Dangote Refinery and the implementation of the African Continental Free Trade Area (AfCFTA). The refinery and its petrochemical industry now produce fertilizer and refined petroleum products such as diesel shipped to other African countries as export cargo, thereby changing the dynamics of shipping in Nigeria from being solely import-oriented to include export. In…

Prominent Nigerian politicians made themselves available at Davido’s wedding Ex-President Olusegun Obasanjo and former Governor Emmanuel Udom of Akwa Ibom State attended Davido and Chioma’s wedding. [X, Formerly Twitter] The wedding was a spectacle of opulence, with an array of luxurious decorations, and gourmet cuisin. Former Nigerian President Olusegun Obasanjo and several prominent politicians were seen attending the high-profile wedding of Nigerian music star Davido and his longtime partner, Chioma Rowland. The lavish ceremony in Lagos attracted a mix of celebrities, dignitaries, and political figures, making it one of the most talked-about events of the year. Olusegun Obasanjo, known for…

Health Care: American Hospital Dubai To Establish Presence In Nigeria, 8 Other African Countries The American Hospital Dubai (AHD) has concluded plans to establish offices in Nigeria and eight other African countries, in an effort to end medical tourism in the continent. The AHD offices in Nigeria, which will contain a representative office, diagnostic centre and a hospital, will be located in Lagos, Abuja and possibly, Port Harcourt, Rivers State. Addressing journalists in Port Harcourt on Monday, a prominent investor, Prince Tonye Princewill, listed the eight African countries to include Ghana, Kenya, Zimbabwe, Zambia, South Africa, Ethiopia, Tanzania and Angola.…

FBN Holdings: Otedola buys additional 2.22% shares as stakes Nigerian billionaire Femi Otedola, the Chairman of FBN Holdings, has acquired an additional 2.22 per cent stake in First Bank. This was disclosed in a corporate filing on the Nigerian Exchange Group on Monday. With this latest purchase, Otedola’s shareholding in the bank has increased to 11.63 per cent, solidifying his position as the largest shareholder. This is coming four days after he regained his position as the majority shareholder of First Bank after acquiring N18.9 billion worth of the group’s shares on the Nigerian Exchange on Thursday. Otedola acquired 316,506,776…

Group Awards International Scholarships To 100 Nigerian Students A group committed to mentoring and empowering young African students in fulfilling their dreams of pursuing graduate studies through access to fully-funded scholarships in world-class foreign universities, i-Scholar Initiative (iSI), has announced the names of 100 Nigerians who will benefit from its annual scholarship programme. In a statement issued by the organisation’s Executive Secretary, Dr. Olufemi Fajolu, it noted that the release of the list followed a rigorous selection process coordinated by iSI’s operations Vice President, Mrs. Hanatu Banjoko. He stated, “The awards offered by iSI will pay for standardised tests such…

Olu of Warri Host 10th Colourful ‘Ghigho Aghofen’ Ceremony It was yet another colourful event at the 10th edition of the ‘Ghigho Aghofen’ ceremony as the people of Orugbo in their numbers marched into the palace of the Olu of Warri, Ogiame Atuwatse III, in a celebration of transfer of stewardship over the palace. The occasion featured colourful cultural displayed by the Itsekiri witnessed the attendance of Efurokpe community and other Itsekiri communities of Ethiope-West Local Government Area who had kept watch since 16th March, to the venerable Orugbo community, in the creeks of Warri South Local Government Area, the…

Wakanow Group Unveils Cutting-Edge Travel and Financial Solutions, Introduces Kalabash54.com, Roomde.com L-R: Group CEO, Wakanow, Bayo Adedeji ; CEO, Wakanow Rest of Africa, Sodie Osei-Bonsu; CEO, Wakanow Nigeria Group,Adenike Macaulay and CEO Kalabash54, Ladi Ojuri, during the Wakanow Unpacked, a Wakanow tech expo, held in Lagos. Wakanow Group, a leading technology-driven travel and fintech conglomerate in Africa, has introduced a range of innovative products aimed at revolution the travel and finance industries while the customer experience. The announcement was made during the Wakanow Unpacked event held in Lagos state, Nigeria on June 20, 2024. Bayo Adedeji, Group CEO (GCEO) of…

Digital drives growth: Nigerian media market to hit $433.20 million in 2024 SAT Chief Executive Officer Farai Muvuti Nigeria’s publishing media market is projected to reach $433.20 million in 2024 The digital segment is expected to reach $258.20 million in 2024 User penetration is estimated to reach 13.8% by 2029 The Southern African Times is expanding its operations into Nigeria A report cited by the Southern African Times (SAT) has indicated that Nigeria’s publishing media organisations will rake in $433.20 million before the end of 2024. The report also projected that the digital segment of the market would hit US$258.20…

Abuja Film Village: AICL seeks partnership with AGN To fully realise the vision of Abuja Film Village, the Group Managing Director and Chief Executive, Abuja Investments Company Limited (AICL), Ambassador Maureen Tamuno recently hosted the Actors Guild of Nigeria (AGN) and notable Nollywood stakeholders to a collaboration meeting. While welcoming the AGN delegation led by its President, Emeka Rollas, Tamuno expressed gratitude for the visit and emphasized AICL’s commitment to supporting the creative industry as a pivotal part of Abuja’s development strategy. She highlighted the importance of the partnership with AGN in boosting the cultural and economic landscape of Abuja.…

Katsina Emerges Best State Health Insurance Agency Award 2024 The Katsina State Contributory Healthcare Management Agency (KTSCHMA) has been awarded the “Best State Health Insurance Agency of the Year 2024” at the National Healthcare Excellence Awards held in Lagos. This marks the second consecutive win by Katsina State, following the previous triumph in 2022. Katsina State was nominated alongside other notable states including Lagos, Adamawa, Kano, and Anambra. Katsina State’s emergence as the winner is a testament to the uninterrupted commitment of the Executive Governor of Katsina State, Malam Dikko Umaru Radda led administration to the health and well-being of…