Author: Ifetayo Adeniyi

Manny Ita  – Veteran Nollywood actor Kanayo O. Kanayo has launched a strong advocacy campaign calling for the introduction of lifetime streaming royalties for actors in Nigeria’s film industry, challenging the long-standing practice of one-time payments. Kanayo, a respected figure in Nollywood with decades of experience, criticised the current compensation structure, where actors receive a single upfront fee regardless of how successful or widely distributed a film becomes. He argued that with the rise of digital platforms and global streaming services, actors deserve to benefit continuously from the commercial success of their work. The actor emphasised that the traditional model…

Manny Ita  – President Bola Ahmed Tinubu has approved the renewal of the tenure of Engr. Sule Ahmed Abdulaziz as the Managing Director and Chief Executive Officer of the Transmission Company of Nigeria (TCN), granting him a final term in office. The decision is part of efforts by the Federal Government to ensure stability and continuity in Nigeria’s power sector, particularly at a time when reforms and infrastructure upgrades are ongoing across the electricity value chain. Engr. Abdulaziz, who has overseen the transmission arm of the power sector, is expected to consolidate on existing achievements, including grid expansion projects, improved…

Manny Ita  – The Nigerians in Diaspora Commission (NiDCOM) has announced that the 2026 edition of the Nigerian Diaspora Economic Conference (NAIDEC) will be held in Canada, in a move aimed at strengthening economic ties between Nigeria and its global diaspora community. According to the commission, the conference—Nigerian Diaspora Economic Conference (NAIDEC) 2026—will focus on unlocking investment opportunities in key sectors such as financial technology and renewable energy. The event is expected to bring together Nigerian professionals, entrepreneurs, policymakers, and investors based abroad to explore avenues for collaboration and economic participation in Nigeria’s development. NiDCOM stated that the choice of…

Manny Ita  – Several of Nigeria’s leading financial technology firms have unveiled ambitious expansion plans in the United Kingdom, signalling growing international confidence in the country’s fintech ecosystem and its global competitiveness. Among the أبرز movers, Moniepoint and Kuda Bank have announced plans to significantly scale up their operations in London, with both companies set to double their UK-based workforce within the year. The move is expected to create new jobs across engineering, compliance, customer experience, and business development functions, reinforcing London’s role as a strategic hub for African fintechs expanding into global markets. In a parallel development, LemFi disclosed…

Manny Ita  – The Federal Government has announced the appointment of Professor Shu’aibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology Development Fund (PTDF), marking a significant leadership change in the country’s oil and gas capacity development agency. Professor Aliyu takes over from Ahmed Galadima Aminu, whose tenure at the helm of the organisation has come to an end. The appointment, approved by President Bola Ahmed Tinubu, is part of ongoing efforts to strengthen institutional effectiveness and reposition key government agencies for improved performance. The PTDF plays a critical role in developing indigenous human capacity and technological…

Keyamo Says that the system would ensure proper identification of all domestic air travellers. The Federal Government has approved the deployment of a contactless biometric passenger verification system, known as VPASS, across Nigeria’s domestic airports as part of efforts to strengthen aviation security, enhance data integrity, and improve revenue generation. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this through a statement signed by the Director, Press and Public Affairs at the ministry, Chindaya Adamu on Thursday. Keyamo said the initiative was designed to address data inconsistencies and unauthorised boarding practices in the aviation sector. He said, “The…

Elegbede Abiodun The Lagos State Government, the World Bank and First City Monument Bank (FCMB) are advancing the Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) programme. This $500 million initiative is designed to strengthen the systems behind basic education and primary healthcare in Nigeria. Supported by the federal government and operating across all 36 states and the Federal Capital Territory, the programme focuses on improving resource management and outcome measurement. Funding is tied not to plans, but to verified progress. For Lagos, the shift is already taking shape. At a public presentation on the state’s progress in implementation, Governor…

United Bank for Africa (UBA) Elegbede Abiodun The bank’s graduate training programme is designed to tutor future leaders through a rigorous process. United Bank for Africa (UBA) has graduated 720 young professionals under its Graduate Management Accelerated Programme (GMAP), demanding them to embrace discipline, resilience and excellence, as they transition into the workforce. The charge was made yesterday at the combined graduation ceremony of Cohorts 19 and 20 of the GMAP. Cohort 19 comprised 306 participants, including representatives from other African countries, while Cohort 20 had 414 Nigerians, bringing the total number of graduates to 720. The UBA Group Chairman,…

Manny Ita  – Vice President Kashim Shettima has stated that Nigeria is gradually regaining its economic footing after a turbulent period marked by fiscal strain, inflationary pressures, and currency instability. Speaking at a public engagement on economic reforms, he emphasized that the country has “moved back from the economic brink” and is now on a path toward stability. He credited the progress to a series of bold policy decisions undertaken by the administration of Bola Ahmed Tinubu, including fuel subsidy removal, foreign exchange unification, and efforts to improve revenue generation. According to Shettima, while these reforms initially triggered hardship for…

Manny Ita  – The National Agency for Food and Drug Administration and Control (NAFDAC) has intensified enforcement of sodium regulations in processed foods as part of a broader strategy to address the growing burden of Hypertension in Nigeria. The agency says excessive salt consumption remains a major contributor to rising cases of high blood pressure, which is increasingly affecting both urban and rural populations. As part of the renewed crackdown, NAFDAC is strengthening inspections of food manufacturers and importers to ensure compliance with approved sodium limits. The agency is also reviewing labeling practices to make sure consumers are clearly informed…