Author: Ifetayo Adeniyi

Nigeria’s economy to hit $1.85trn by 2029 says IMF Nigeria’s economy is expected to rise to at least $1.852 trillion in Purchasing Power Parity terms by 2029, data from the International Monetary Fund has shown. The Washington-based Fund’s prediction suggests a significant growth trajectory for the country’s economy over the next five years. Nigeria’s Gross Domestic Product in PPP terms has been on the increase, projected to rise from $1.36 trillion in 2023 to $1.852 trillion in 2029. The data shows a consistent growth trend, with a notable increase of 5.5 per cent expected in 2029. IMF also forecast Nigeria’s…

Entertainment: Lessons for Nigeria From Canada’s Booming Industry • Nigeria needs to combine infrastructure, leverage key online industries and promote cultural exports for the industry to experience explosive and blooming outcome from the globe. Nigeria will soon need to capitalize on the growing online entertainment industry in the country, as this could prove highly lucrative. Countries like Canada provide a good blueprint for the African nation to follow. Nigeria Needs to Build a Strong Infrastructure If you analyze Canada’s success and the way its entertainment industry managed to boom over a short period of time, a lot of it has…

Ayra Starr’s new album “the year I turned 21” hits 375 million streams Nigerian Afrobeats star, Ayra Starr has made a huge success with her latest album, “The Year I Turned 21,” amassing 375 million gross streams on its first day. This impressive achievement reveals her rising influence in the music industry and highlights her exceptional talent for creating songs that captivates her audience. “The Year I Turned 21,” a 15-track album, includes collaborations with renowned artistes such as Asake, Giveon, Coco Jones, Anitta, and Rvssian.

Tinubu commissions N21bn VP’s residence in Abuja The new VP residence commissioned by President Tinubu President Bola Tinubu has stated that the provision of suitable residence for the Vice-President was not merely a matter of convenience but a symbol of respect for the office and the individuals who occupy it. Tinubu spoke on Friday while commissioning the official residence of the Vice-President built at the cost of N21 billion, after 14 years after the contract for the building was awarded. Tinubu, represented by Vice-President Kashim Shettima, reaffirmed the unwavering dedication of his administration to the principles of accountability, transparency and…

Chelsea Signs Tosin Adarabioyo In Exciting Transfer Move, Dream Come True Chelsea Football Club has made a thrilling announcement, confirming the signing of talented center-back Tosin Adarabioyo from Fulham. The 26-year-old star has inked a four-year deal, set to join the Blues on July 1. Tosin expressed his excitement, saying: “Chelsea is a dream come true! Born just three miles from Stamford Bridge, I’m eager to contribute to the team’s success and help drive us forward”. Co-sporting directors Paul Winstanley and Laurence Stewart shared their delight, praising Tosin’s maturity, defensive skills, and Premier League experience. “We’re thrilled to welcome Tosin…

Airtel Africa CEO, Ogunsanya, Honoured with Lifetime Achievement Award Ogunsanya will be presented with his Lifetime Achievement Award at a special ceremony during the 9th ALM. The outgoing CEO of Airtel Africa, Segun Ogunsanya, has been named winner of the Lifetime Achievement Award in the 14th African Business Leadership Awards (ABLA) 2024. The awards are a flagship annual recognition event run by Africa Leadership Magazine (ALM), aimed at honouring exceptional corporate practice and outstanding achievers in Africa’s business landscape and private sector. The awards showcase Africa’s businesses and leaders, celebrating exemplary business leadership on the continent. Ogunsanya will be presented…

 NGO, firms begin one million trees campaign in Lagos, World Environmental Day The World Environmental Day theme for 2024 is Land Restoration, Desertification, and Drought Resilience – Our Land Our Future,” A Non Governmental Organization, One Million Tree Initiative, LG Electronics Inc, SMP Media Group, GSR 360 Ltd, CE Power Solutions, have collaborated on tree planting one million trees in Lagos. The exercise took place at Omole Housing Estate, phase 1 Ikeja. ‘Basically, this drive aims to create awareness and showcase the significant impact and successes of the One Million Tree Initiative in order to promote environmental sustainability. Where the…

Academic achievement as LASU’s best-graduating student gets N10m from Lagos State … said it was to encourage the 22-year-old student, who finished from the Department of Accounting Education in the Faculty of Education. Olaniyi Mubarak, the Best-Graduating Student (BGS) of the Lagos State University (LASU) 2022/2023, has been awarded a N10 million cash prize by the Lagos State Government. Babajide Sanwo-Olu, Governor of Lagos who announced the rewards at the 27th convocation ceremony of the university rewarded the student for finishing with a Cumulative Grade Point Average (CGPA) of 4.98 on a scale of 5.0. He said it was to…

Additional ICT Hub will be established in Ekiti by FG Approval- Shetima … said the project would be completed within 90 days. The Federal Government on Thursday announced plans to establish an Information Communication Technology (ICT) hub in Ekiti State in addition to the newly inaugurated MSME Clinics Garment Hub in a bid to further enhance economic growth in the state. The Vice President, Senator Kashim Shetima disclosed this in Ado Ekiti on Thursday while declaring open the 3rd Expanded National MSME Clinics at Adetiloye Hall, Trade Fair Complex, Ado- Ekiti. He said the project would be completed within 90…

100 Most Notable Africans Business and Leadership Summit 2024, Kigali, Rwanda The “100 Most Notable Africans Business and Leadership Summit 2024” is set to be a landmark event showcasing the remarkable achievements and potential of African business leaders and entrepreneurs. Organized by Davdan Peace and Advocacy Foundation in collaboration with American Management University, Peace Ambassador Agency Worldwide, 100 Most Notable Peace Icons Africa, and the Global Africa Trade Advisory Chamber, this summit promises to be a dynamic platform for fostering collaboration, innovation, and investment across the continent. Scheduled to take place from the 1st to the 4th of August in…