Author: Ifetayo Adeniyi

Nigeria’s 3rd richest man Mike Adenuga has lost almost half of his wealth, here’s why Mike Adenuga Nigerian billionaire Mike Adenuga experiences a significant decrease in net worth, falling to $3.6 billion from the previous $6.3 billion reported by Forbes.  Factors contributing to the decline include the country’s exchange rate unification directive and the impact on his privately owned companies, such as Conoil and Globacom. Adenuga’s success stems from his ventures in the telecom and oil production industries, with Globacom becoming one of Nigeria’s largest telecom firms and Conoil operating oil blocks in the Niger Delta. Nigeria’s Mike Adenuga, the…

Host Community Lauds Kennedy Okonkwo’s CSR Programmes Dr Kennedy Okonkwo, the founder and Group Managing Director of Nedcomoaks Limited and Victoria Crest Homes, leading real estate companies in Africa all under the mother company Nedcomoaks Group was on June 7, 2023, remembered and lauded for his good deeds by his host community. There could have been no better words to use in describing the real estate guru than the one used by the Majority Leader of Lagos State House of Assembly Hon Noheem Babatundr Adams. The lawmaker loudly described Dr Kennedy Okonkwo as the “Transformer of Ogombo”. According to the…

Explainer: Guidelines to actualise Guinness World Record dream Guinness World Records, known from its establishment in 1955 until 1999 as The Guinness Book of Records and previously in the United States editions as The Guinness Book of World Records, is a British reference book for world records of human extreme achievements published annually. On June 13, 2023, Guinness World Record officially recognised 27-year-old, Hilda Bassey, popularly known as Hilda Baci as the record holder for the longest cooking marathon by an individual. Following her big feat many Nigerians have become motivated to break a Guinness World Record. Unfortunately, many don’t…

Hollywood set for first shutdown strike since 1960 Hollywood actors were poised to go on strike Thursday, joining writers in the first industry-wide shutdown in 63 years after last-ditch talks failed, with nearly all film and television production likely to grind to a halt. The Screen Actors Guild (SAG-AFTRA), which represents 160,000 performers including A-list stars, said negotiations late Wednesday had ended without a deal on their demands over dwindling pay and the threat posed by artificial intelligence. Its negotiators have unanimously recommended a strike to its national committee, who are expected to vote on Thursday morning. The vote opens…

Remi Tinubu donates ₦‎250k each to Abuja families affected by flooding 57 affected families received their donations at a ceremony in Abuja. A total of 57 families received donations from the first lady [Presidency] The first lady, Remi Tinubu, has donated ₦‎250,000 to each household affected by the June 23, 2023 flooding incident at the TradeMore Estate in Lugbe, Abuja. The donation was processed through the former senator’s Renewed Hope Initiative (RHI), a pet project she’s promised to use to better the lives of Nigerians. 57 affected families received their donations at a ceremony in the capital city on Thursday,…

Adron Homes Extend Tentacles, Launches Snowfall Park and Gardens Estate in Jos In a bid to extend its tentacles by building cities and communities creating a soft landing for low-income earners to become homeowners across the country; leading Real estate firm, Adron Home and Properties has launched a new estate named Snowfall Park and Gardens Estate in Jos; Plateau State in the North Central Region of Nigeria. During the grand opening of the estate by the Group Managing Director of Adron Homes; Aare Adetola Emmanuel-King, he divulged that Adron Home is not relenting in his oars in taking over the…

President Tinubu To Pay 12 Million Nigerians N8,000 Monthly For Six Months President Bola Ahmed Tinubu has said 12m families will get N8, 000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal. In a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Tuesday, Tinubu said it was support to enable poor and vulnerable Nigerians cope with the cost of meeting basic needs. The letter was for approval of additional financing for the national social safety net programme scaled up by the National Assembly.…

LAWMA ORGANISES MEDICAL CHECKS FOR SWEEPERS The Lagos Waste Management Authority (LAWMA) has organised a free medical screening, for over 1000 sanitation workers (street sweepers) at the Authority’s headquarters, Ijora Olopa. Speaking at the event, the Acting Managing Director of LAWMA, Mr. Kunle Adebiyi, noted that the exercise was a testament to the commitment of Governor Babajide Sanwo-Olu’s administration, to prioritise the wellness of LAWMA sweepers. He said, “Your well-being is our priority. Whatever happens to your health, will affect us in one way or the other. Therefore, we don’t want any ill-health to befall you. Today, your blood pressure,…

Soyinka remains Nigeria’s pride – Sanwo-Olu Soyinka chides ‘Obidients’ movement over attacks on him Professor Wole Soyinka Governor Babajide Sanwo-Olu of Lagos State has said that literary giant and Nobel Laureate, Prof. Oluwole Soyinka, remains Nigeria’s pride, as he clocks 89 years. Soyinka, a 1986 Nobel Prize in Literature winner and the first sub-Saharan African to be honoured in that category, clocks 89 on Thursday, July 13. Sanwo-Olu, in a congratulatory message on Wednesday by his Chief Press Secretary, Mr Gboyega Akosile, described Soyinka as ”a quintessential scholar and literary icon”. He said that Soyinka had used his position and…

I’m partly Nigerian – American singer, Swae Lee reveals American singer and one half of the hip hop duo, Rae Sremmurd, Swae Lee has revealed that he is partly a Nigerian. The rapper made this known via his Twitter account while clarifying why he attached the Nigerian flag to a tweet announcing he was jumping on the South African genre, Amapiano wave. Swae Lee had taken to Twitter to announce he would be experimenting with the trending South African genre, Amapiano, but added a Nigerian flag to the tweet which didn’t sit down well with South Africans. “Wait till y’all…