Author: Ifetayo Adeniyi

Dangote Refinery May Test-Run Anytime This Week Dangote refinery inches closer to the commencement of test run anytime this week following the receipt of a sixth crude oil cargo yesterday, a development that may eventually begin the billowing from the 650,000 barrels per day (bpd) plant into operation following its inauguration last May. The refinery was built at a cost of $19.5 billion by the President, Dangote Industries Limited (DIL), Aliko Dangote. The commencement of the test run leading to the start of full refining operation, will make Nigeria, which currently imports most of its fuel, self-sufficient and able…

SMEFest2024: Jasper SME Hub Set To Host Emmanuel Olujobi Jasper SME Hub, a startup accelerator and business school, is set to host small business owners at the annual SMEFest, reputed as one of the largest gathering of small business owners coming together to learn, connect with investors and build frameworks to boost Africa’s SME GDP. The Founder, Emmanuel Olujobi has noted that “the SME sector as one of the largest single contributors to the GDP of Nigeria, needs greater attention and support. This is why we are committed to supporting the growth of 100,000 SMEs by 2025, through our Programmes,…

AFEL announces winners of its inaugural Economic Impact Challenge In event that celebrates intellect, innovation, and a commitment to shaping Africa’s economic future, Africa’s Future Economic Leaders (AFEL) proudly announced the exceptional winners of its inaugural Economic Impact Challenge. This challenge, held from October to December 2023, not only recognises the importance of youth-driven solutions but also highlights AFEL’s dedication to promoting economic awareness and innovation across the African continent. AFEL’s Economic Impact Challenge, according to the organisers, is aimed to encourage research, creativity, and active participation among economics and law students, with a focus on enhancing their knowledge and…

LAMATA will unveil its Rail Mass Transit Red Line by March The Lagos State Government has assured that its Rail Mass Transit Red Line is on course for the planned unveiling in March with all of its infrastructure nearing completion. Giving an update in a video obtained by The PUNCH on Monday, the Managing Director, Lagos Metropolitan Area Transport Authority, Mrs Abimbola Akinajo, said the agency was “confident and comfortable that we will meet the deadline that Mr Governor has given us.” Akinajo said the tracks for the rail system were 95 per cent completed while the eight train stations…

Visa-free regimes to bolster African tourism growth in 2024 African countries are set to record an increase in tourism numbers in 2024, as more countries continue to open their borders to other African countries by abolishing visa requirements. In 2023, most African countries made significant strides to liberalize their visa regimes, with Rwanda and Kenya being the latest to completely remove visa requirements for all African travellers, joining Gambia, Benin, and Seychelles. Kenya’s transition towards a visa-free regime saw the country’s Immigration Department receive almost ten thousand applications for the new Electronic Travel Authorization (ETA) allowing foreign nationals…

Mr Eazi Shares How 2face and Jamaican Dancehall star Inspired him Oluwatosin Oluwole Ajibade, a celebrity singer and entrepreneur, popularly known as Mr Eazi, has revealed how his senior colleague, 2face Idibia and Jamaican dancehall star, Beenie Man inspired his catchphrase, ‘Zagadat’. He said his catchphrase “Zagadat” was inspired by lyrics from 2Face’s ‘Nfana Ibaga’ remix featuring Beenie Man. Speaking in an interview with Capital Xtra, UK, Mr Eazi explained that he couldn’t have copyright issues with the slang because he didn’t say it the same way it was said in the song. He said: “Big shout out to Beenie…

Gov Sule Shows Finesse In Tennis Match While Complimenting The Wedding Of His Personal Coach Gov Sule Shows Finesse In Tennis Match While Complimenting The Wedding Of His Personal Coach Executive Governor of Nasarawa State, Engr. Abdullahi Sule, showed clash and finesse in a testimonial tennis match in commemoration of the wedding fatiha of Usman Shuaibu Enwo, his personal Tennis Coach. The Governor who won the game by 6-4 at the Project Quarters’ Tennis Court, Lafia, on Sunday, congratulated the latest groom on his successful wedding to his heartthrob, Halima Iliyasu, on Saturday, at Kpanza village, Farin Ruwa Development…

UBA Joins Elite Group As It Surpasses N1tn Market Capitalisation Mark Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the close of trading on Monday, the Bank’s market capitalization hit N1,022,562,698,843, making it the 3rd most capitalized financial institution in Nigeria, a remarkable lift from N283.8bn at the beginning of the 2023. The Bank has 34,199,421,366 shares in issue, UBA’s N1tn market capitalisation mark comes amidst the bank’s share being named as the highest…

Davido enlists his must-have: Bible, Jewelry,Toiletries… In a recent interview with British GQ, Nigerian singer Davido has revealed a lineup of essentials he simply cannot live without. Among his must-have, the artiste emphasized the significance of his wallet, headphones, jewelry collection, popcorn stash, sneakers, bible, sunglasses, and toiletries bag. Davido attributed great value to his jewelry, considering it an integral part of his identity and also, was too expensive for him not to wear. He also expressed attachment to sneakers, a passion that led to his previous collaboration with Puma. Davido‘s affection for popcorn took center stage, particularly during movie…

A theme song for AFCON, ‘Let’s Do It Again,’ is out- Majeeed Nigerian Afropop singer and songwriter Ekeh Chiaka Joseph, popularly known as Majeed, has released the Super Eagles theme song for the 2024 African Cup of Nations (AFCON). Majeed The new track titled ‘Let’s Do It Again’ was announced via the social media pages of the Super Eagles on Saturday evening. ‘Let’s Do It Again’ was also released alongside its official video. The video features clips from the Super Eagles celebration after winning the 2013 AFCON in South Africa. The music video was directed by AbdulRasaq Babalola while…