Author: Ifetayo Adeniyi

Panache Ventures and Kora empower tech founders for VC funding in Africa On Thursday, 4th April 2024, Panache Ventures, Canada’s leading early-stage venture capital fund, alongside Kora, a pan-African payment gateway, hosted a transformative event at Afronaut in Lagos, Nigeria. The event aimed to foster connections and ideas in order to better prepare and position startups for venture capital (VC) funding. The event featured an esteemed lineup of speakers who shared their insights and experiences with the eager audience. Prashant Matta, General Partner at Panache Ventures, shared his knowledge as a key player in the Canadian VC scene, leading the…

Eid-el-Fitri: CAN felicitate with Muslims, preaches peace, unity Christian Association of Nigeria (CAN) has felicitated with Muslim faithful on the occasion of Eid-el-Fitri which marks the end of the Ramadan fasting. CAN President, Archbishop Daniel Okoh, in a message, on Tuesday, urged Muslim faithful to use the occasion to have a deep reflection and spiritual renewal, even as he preached for peace, unity and tolerance, among Nigerians irrespective of religion and trust. He said: “Eid-el-Fitri celebration holds significant importance not only for Muslim compatriots but for the entire nation. It serves as a reminder of the values of compassion,…

Football: Super Falcons qualify for 2024 Olympics after draw in South Africa Nigeria’s Super Falcons are through to the football event of the 2024 Olympic Games after a 0-0 draw in the second leg of qualifiers against South Africa in Pretoria. By the virtue of the 1-0 first leg victory in Abuja last Friday, Randy Waldrum’s ladies qualified with the same aggregate score line. Unlike in the first leg, the Falcons were pushed to the back foot by their hosts who were desperate for a break through. Goalkeeper, Chiamaka Nnadozie made some string of second half saves to keep the…

BUA Group CEO, Abdulsamad Rabiu Makes Over $7Billion from Sugar and Cement See video link: https://youtu.be/JgBh_gBZnGM

Festivity: Warri South Chairmanship Hopeful Dr Agbolaya felicitates Muslims as they celebrate Eid el-Fitr Warri South Chairmanship Hopeful Dr Agbolaya felicitates Muslims as they celebrate Eid el-Fitr Chairmanship hopeful for Warri South Local Government Council, Amb. Dr. Toyin Agbolaya JP congratulates Muslims brothers and sisters in Warri South as they celebrate 2024 Eid al-Fitr which is in commemoration of the end of the holy month of Ramadan observed by Muslims world wide. Dr. Agbolaya commended Muslims faithful in Warri South and in Delta State for their peaceful coexistence among their neighbours, pledging to always carry them along in scheme of…

News as Zenith Bank grows total assets to N20.4bn for the year ended 31 Dec., 2023 Zenith Bank Plc, says its total assets grew to N20.368 billion for the year ended Dec. 31, 2023. Mr Michael Otu, the Company Secretary of Zenith Bank, said this in the bank’s audited results for the year ended Dec. 31, 2023 sent to the Nigerian Exchange Ltd. (NGX) in Lagos. This represents an increase of 65.78 per cent when compared to N12.286 billion recorded in the same period of 2022. The bank’s Profit Before Tax (PBT) increased by 179.63 per cent in the year…

UNDP gives N200m support to boost Micro Small and Medium Enterprises in Bayelsa The United Nations Development Programme (UNDP) has offered a N200 million support to Micro Small and Medium Enterprises (MSMEs) in Bayelsa State. Leader of the UNDP team, Joyce Oboro, who presented a cheque to Governor Douye Diri at the Government House in Yenagoa on Monday, said the objective of the initiative, which was co-sponsored by the European Union, is to mitigate the effect of the current socio-economic challenges through the empowerment of medium and small businesses across various sectors. She said the components of the programme include…

Eid-el-Fitri: Make Clean Environment a Habit – LAWMA boss appeals to Lagos residents The Managing Director/CEO of the Lagos Waste Management Authority, LAWMA, Dr. Muyiwa Gbadegesin, has urged Lagos residents to make clean environment a permanent habit, that goes beyond occasions and festivities. He said this in a release by the agency where he congratulated the Muslim faithful on successfully completing the Ramadan fast, leading to the celebration of this year’s Eid-el-Fitri. Gbadegesin noted that personal hygiene and environmental cleanliness, formed integral teachings of Islam, that should become permanent features of our daily living beyond the Ramadan period. He said,…

Nigeria’s Rail Transport Generates Over N6bn In 2023, 8.5% Increase From 2022 The total revenue generated from Nigeria’s railway transport system stood at N6.07 billion in 2023. This is an 8.5 percent increase from N5.5 billion recorded in 2022. According to the National Bureau of Statistics (NBS) report on ‘rail transport data’, a total of N4.42 billion was generated from passengers in the period, N1.07 billion from goods/cargo and other income receipts stood at N565 million. A quarterly breakdown of the revenue showed that in the first quarter of the year, revenue from passengers was N768 million, revenue from goods/cargo…

Balancing Entrepreneurship with Lifestyle – Juwon People seldom regard personal stories about journeys to success. And quite a few are interested in the quiet style of an entrepreneur. Juwon Lawal Rasaq, founder and chief executive officer of Africent Group Of Companies Ltd, is a young mogul who, for many years before his rise on the business scene, focused his attention on self-development. His philosophy about life, from the inception, is, ‘if you can’t look to better yourself, how can you help others?’ That one point has been the catalyst for him in his business. Over the last few years, Juwon…