Author: Ifetayo Adeniyi

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…

Apostle Suleman Lectures on Sex And Dangers of Pornography Servant of God and General Overseer of the Omega Fire Ministries (OFM) worldwide, Apostle Johnson Suleman, has warned Christians of the danger of watching pornography. Indulging in pornography is a form of sexual immorality, he warns, adding that, anyone indulging in pornography is not pure in heart. “And only the pure in heart will see God.” According to the firebrand Gospel preacher, the dangers of watching pornography are many. “It sponsors so many evils. If indulging in pornography is immediately pleasurable, that pleasure is brief. It leaves you feeling empty, unsatisfied,…

WIGWE, ECONOMIC DIPLOMACY AND NIGERIA-FRANCE RELATIONS At a ceremony on Wednesday, May 10, 2023, in Paris, France, Dr. Herbert Wigwe, Group CEO of Access Corporation and Pan-African investor, took over from pioneer President, Abdul Samad Rabiu, Chairman of BUA Group, as the President of the France-Nigeria Business Council (FNBC). Beyond the personal accolades that should go to him, Wigwe’s evolving tenure as President of the FNBC provides a strategic opportunity for some mutually beneficial economic and political outcomes for Nigeria, and France, when viewed from an economic diplomacy perspective. The FNBC was inaugurated in June 2021 by French President Emmanuel…

Chinese Strengthens Bilateral Relationship With Nigeria As Three Warships arrive A Chinese Navy Escort Task Group (ETG) 162, comprising MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU, arrived Nigeria on Sunday, July 2, to strengthen bilateral relationship between the two countries. The MSL Destroyer NANNING made the port call at Nigerian Port Authority (NPA) Berth 21, while the other two ships remained at anchorage. Addressing reporters after the ship which had over 700 occupants arrived Nigeria, Chinese Ambassador to Nigeria, Mr Chi Jian Chun said the visitation scheduled for July 2 to 6, would enhance maritime security within…

Elon Musk Wishes America Happy Indepence Day The wealthiest person in the world, Elon Musk, has wished America a happy independence day, as the Fourth of July, is a federal holiday in the United States commemorating the Declaration of Independence, which was ratified by the Second Continental Congress on July 4, 1776, establishing the United States of America. The Founding Father delegates of the Second Continental Congress declared that the Thirteen Colonies were no longer subject (and subordinate) to the monarch of Britain, King George III, and were now united, free, and independent states. The Congress voted to approve independence…

Chinese Strengthens Bilateral Relationship With Nigeria As Three Warships arrive A Chinese Navy Escort Task Group (ETG) 162, comprising MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU, arrived Nigeria on Sunday, July 2, to strengthen bilateral relationship between the two countries. The MSL Destroyer NANNING made the port call at Nigerian Port Authority (NPA) Berth 21, while the other two ships remained at anchorage. Addressing reporters after the ship which had over 700 occupants arrived Nigeria, Chinese Ambassador to Nigeria, Mr Chi Jian Chun said the visitation scheduled for July 2 to 6, would enhance maritime security…

CBN, Bill Gates partner to boost financial inclusion Central Bank of Nigeria (CBN) Share The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) have finalised plans to drive financial inclusion in the country. During the discussions, Folashodun Shonubi, CBN’s Acting Governor reiterated the commitment of the apex bank to continually partner with BMGF and other development partners, according to a statement from the apex bank last week. Shonubi said in that statement that such partnership would be to explore innovative solutions for driving access to finance.“Though much progress had been made in various aspects of…

I imbibed giving spirit from my parents –Sunky O, luxury and experiential lifestyle guru Sunkanmi Ojulari, popularly known as Sunky O, is a leading personality in luxury and experiential lifestyle. His company is one of the foremost entertainment and premium lifestyle brands with base in Lagos. He has established a strong network with celebrities, young corporate and high-profile individuals for vibrant guest listing and lifestyle services. He is the founder and chief executive officer of The Sunky O Lifestyle Company (TSOLC), a premium entertainment and lifestyle outfit, designed to create, develop, maintain and improve on brands. He is also a…

Gospel music, my call from God –Minstrel Akan For gospel artiste, Christopher Akan aka Minstrel Akan, music is a call from God and he has decided never to look back. Minstrel Akan has performed in various churches in Nigeria and Ghana. His 13-track debut album, Praise Jesus, which was released in 2019, has received global attention. According to him, Praise Jesus is a praise and worship tune, which inspires faith and hope in God. “I discovered my musical talent at the age of 15, which made me to join the church choir of Assemblies of God Amore, where I honed…