Author: Ifetayo Adeniyi

Otedola, 4th Richest Person, On Forbes Billionaires’ List Billionaire investor Femi Otedola is currently ranked as the fourth richest individual in Nigeria with a valuation of $1.1 billion. According to the Forbes Billionaire Index seen on Thursday, Jan. 11, Otedola, who fell below the billion-dollar mark in 2017, returned to the list this year to occupy the fourth position. The surge in his wealth is attributed to his ownership of over 70% of Geregu Power, a power generation business. Otedola strategically sold down his Geregu stake from over 95% during 2022 and 2023, bringing in institutional investors such as the…

Cote d’Ivoire Organises AFCON 2023 With Over US $1b Amb. Kalilou Traore, the ambassador of Côte d’Ivoire to Nigeria, has said his country spent more than US $1 billion to put in place the ongoing African Cup of Nations (AFCON) competition. Traore made this known during an interview on sideline of the official unveiling ceremony of the ‘AFCON Village’ on Saturday night in Abuja, saying the AFCON village was set up in partnership with Continental Hotels. He said the facility will transmit live matches till the end of the tournament, which kicked off in Cote d’Ivoire with 24 countries seeking…

A Popular Nigerian Singer Leaves Music Scene Oche Gabriel Amanyi, popularly known as Terry G, has announced his retirement from music. Announcing this in a video message shared via his Instagram page on Saturday, Terry G explained that he is quitting music because his career was no longer a successful one. He appreciated his fans for their support over the years, stressing that his decision might hurt them but it was for his best interest. He said,“A big thank you to my fans for staying through with me all these years. I really appreciate you all. It been amazing years…

LASEPA: The Consumption of Ponmo Needs Reduction for Environmental Health Purpose The Lagos State Environmental Protection Agency has urged ‘ponmo’ lovers in the state to consider reducing their consumption to keep the air quality of the state clean and healthy. Speaking exclusively with our correspondent on Friday, the General Manager of the environmental agency, Babatunde Ajayi. disclosed that burning of cow skin in different areas of the state releases carbon emissions into the air which are very harmful to humans. Ponmo is made by burning cow skin. This involves burning the cow skin for an extended time on fire before…

LASEPA: The Consumption of Ponmo Needs Reduction for Environmental Health The Lagos State Environmental Protection Agency has urged ‘ponmo’ lovers in the state to consider reducing their consumption to keep the air quality of the state clean and healthy. Speaking exclusively with our correspondent on Friday, the General Manager of the environmental agency, Babatunde Ajayi. disclosed that burning of cow skin in different areas of the state releases carbon emissions into the air which are very harmful to humans. Ponmo is made by burning cow skin. This involves burning the cow skin for an extended time on fire before it…

Sharon Ooja kicks off new year with gifts of not less than 400 bibles Nollywood actress Sharon Ooja Egwurube, known for her role in EbonyLife Films’ blockbuster, Òlòtūré, has kicked off the new year on a religious note. To encourage bible study and devotion to God, the award-winning actress announced her plans to give over 400 Bibles to some of her fans and followers on social media. The actress had earlier announced that she had bought and signed 100 bibles waiting for pickup by her lucky fan. However, Sharon was shocked when some donors decided to join her by donating…

James Brown narrated the reason behind his dropout from the university The cross-dresser James Chukwueze Obialor, popularly known as James Brown, has revealed why he dropped out of a university in the United Kingdom. Brown made headlines last year after announcing that he had been admitted into a British university. However, reports emerged on social media that the crossdresser only went to the UK for a visit but claimed he was studying there. Reacting via a video message shared on his Instagram page, James Brown claimed that he dropped out of the British university because he couldn’t afford the fees.…

Music stars: Davido, 9ice, CDQ, others with DJs set the atmosphere electrifying at BWUFEST Afrobeats star, Davido showcased his unparalleled musical prowess at the second edition of the Beer With Us Festival (BWUFEST). 9ice The event was held recently at Landmark Beach, Oniru, Lagos. The event, which was hosted by AY, and organised by Achievas Entertainment, attracted over 15,000 attendees. Riding high on the success of his album, ‘Timeless,’ Davido captivated the audience with his signature tunes, leaving them clamouring for more at this vibrant and colourful gathering. The event also featured stellar performances from Skales, 9ice, CDQ, Nasboi,…

Creative Industry: President Tinubu appoints CEOs for Agencies … By Elegbede Abiodun Tola, Ali Nuhu, Husseini  President Bola Tinubu has appointed 11 new Chief Executive Officers (CEOs) for agencies under the Federal Ministry of Art, Culture, and Creative Economy. This is contained in a statement issued by presidential spokesman, Ajuri Ngelale on Friday. In the statement, popular Kannywood actor, producer and director, Ali Nuhu has been made the Managing Director, Nigerian Film Corporation. Also, Shaibu Husseini, a Nigerian journalist, performing artist, Cultural administrator, PR and Media Expert and film curator, has been appointed the Director-General, National Films and Censors Board.…

AI and Marketing Industry Are Keys To Communications Ecosystem This Year The advancement of Artificial Intelligence and actualisation of the marketing industry reform are among the major factors that will impact the marketing communications ecosystem in 2024, writes Raheem Akingbolu Lekan Fadolapo Last year, conversations around marketing technology, advancement of Artificial Intelligence and the industry reform topped the chat in many fora, where issues related to the future of marketing in Nigeria were discussed. Under what was tagged ‘Intelligent Advertising’, many local and international scholars tried to unravel how AI-powered ads will reshape the market in the years ahead.…