Author: Ifetayo Adeniyi

Ogun stimulates economy as Abiodun rolls out N1bn grants to MSMEs operators Going by the aftermath effects of COVID-19 which paralysed economic activities globally, with series of lockdown and restrictions, the Ogun State Government has finally rolled out N1 billion grants meant to stimulate economy through grants disbursement to thousands of Micro, Small and Medium-scale Enterprises (MSMEs) operating in the State. The N1 billion grants disbursement which is part of the economic stimulus introduced by Governor Dapo Abiodun in conjunction with the Federal Government and World Bank, started last week with the screening and assessment of over 1,500 operators of…

Photos: Embaló, Guinea-Bissau president visits Tinubu Umaro Sissoco Embaló, the President of Guinea-Bissau visits President Bola Tinubu today in Lagos. Tinubu in a tweet stated his delight in receiving the President of Guinea-Bissau, who is also the Chairman of the Authority of ECOWAS Heads of State and Government. “I was delighted to receive His Excellency, President Umaro Sissoco Embaló, the President of Guinea-Bissau and Chairman of the Authority of ECOWAS Heads of State and Government.” Tinubu tweeted “We enjoyed a pleasant lunch together and discussed several issues of mutual interest.” “I look forward to a collaborative and productive relationship with…

Exploring the resilience of the creator economy amid economic downturns in Africa   Exploring the resilience of the creator economy amid economic downturns in Africa In an era dominated by social media and digital platforms, the creator economy has emerged as a force to be reckoned with. From influencers and YouTubers to podcasters and bloggers, a new wave of individuals has harnessed the power of content creation to establish lucrative careers, build passionate communities, and generate substantial income streams. But as the global economy grapples with the uncertainties of recessions and economic downturns, with inflation hitting its highest point…

Exploring the resilience of the creator economy amid economic downturns in Africa Exploring the resilience of the creator economy amid economic downturns in Africa Exploring the resilience of the creator economy amid economic downturns in Africa In an era dominated by social media and digital platforms, the creator economy has emerged as a force to be reckoned with. From influencers and YouTubers to podcasters and bloggers, a new wave of individuals has harnessed the power of content creation to establish lucrative careers, build passionate communities, and generate substantial income streams. But as the global economy grapples with the uncertainties of…

Mohbad spreads the Street gospel with ‘Blessed’ It was Anne Frank who said that beauty remains even in misfortune, and for Mohbad, this statement resonates strongly. After a bitter public split with Marlian Record under whose management he rocketed to fame, Mohbad had to rebuild the rubbles of his career and set forth on his own to reconnect with the listeners he had previously dazzled with an array of hit songs. Mohbad efforts to find his voice after the infamous split from his former imprint has culminated in the release of two singles ‘Ask About Me’ where he reiterated…

SuperSport Brings Premier League Trophy to Lagos As part of the English Premier League’s 30th anniversary celebrations, SuperSport, the official broadcast rights owners of the League in Africa, is bringing the prestigious Premier League trophy to Nigeria. The trophy will be paraded at a media event in Lagos today ahead of the official unveiling of the PL Greatest Africa 11. PL’s greatest African XI, as voted by football fans across Africa, will be unveiled at a Gala Night in Lagos, tomorrow. The glamorous event will be hosted by 1997 African Footballer of the Year, Victor Ikpeba and former Bafana Bafana…

ELON MUSK AND THE NEW TWITTER TEMPLATE Musk navigates unknown waters to carve a new image for Twitter, writes Sonny Aragba-Akpore Despite a lingering struggle to attract advertisers to the new Twitter, Elon Musk appears unruffled. The exit of Head of Safety, Ella Irwin and the appointment of new Chief Executive, Linda Yaccacino with an impressive resume may have only compounded the crisis at the blogging platform. Musk, believed to be the richest man in the world, has had his hands on too many pies and the Twitter pie appears one bitter pill to swallow. Early last week, Musk limited…

Bashir Jamoh: The Man Who Broke CVFF Jinx He was not there in 1985 when one-time Minister of Transport, late Major General Ibrahim Gumel, decided to liquidate the Nigerian National Shipping Line (NNSL). With that singular decision, the country’s classification as a ship owning nation, a status that had been sustained since 1959, disappeared overnight. Nigeria’s ownership of a national carrier that at a time had about 21 sea-going vessels evaporated over night. Today, he is pioneering and assiduously driving the building of another indigenous fleet of vessels. But he is avoiding the missteps of the past. Unlike in the…

New PoS charges seen boosting other payment channels usage The queue on the bank premises was too long because only one of three ATM terminals was dispensing cash. He left the queue for the Point of Sale (PoS) operator across the road. The new unified price list for Point of Sales (PoS) transactions in Lagos state may increase the use of other payment channels, according to experts. The price list which comes with an upward review of prices creates an additional cost for cash-strapped Nigerians dealing with high inflationary pressures at the highest level in 17 years. Some of the…

How Nigeria can turn brain drain to gain When Bill Gates, Microsoft’s co-founder, visited Nigeria last month, he said the current migration of young Nigerian professionals was good and healthy for the economy. According to Gates, the rapid surge in immigration has significant benefits, as it contributes to the development of world-class skills and the capacity to repatriate much-needed foreign exchange to grow the local economy. Peter Obi, the presidential candidate of the Labour Party in the 2023 election, corroborated Gates’ statement, saying that the country’s brain drain today will be its brain gain tomorrow. “Nigerians leaving the country may…