Author: Ifetayo Adeniyi
Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.
Transcorp Hotels posts ₦22.4b pre-tax profit, revenue up 49% in Q3 2025 Transcorp Hotels Plc Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has announced its unaudited results for the 3rd quarter ended September 30, 2025, recording outstanding performance across key metrics. The company delivered ₦72.31 billion in revenue, a 49% increase from ₦48.49 billion in Q3 2024, while Profit Before Tax (PBT) surged 36% to ₦22.4 billion from ₦16.44 billion in Q3 2024. Gross Profit Margin expanded to 76%, up from 71% in Q3 2024 — driven by operational efficiency and superior service delivery. This strong performance…
Felabration 2025: Rite Foods Reaffirms Commitment To Environmental Stewardship Rite Foods Limited, a leading food and beverage company in Nigeria, has reaffirmed its commitment to environmental stewardship anchored on collaboration. Speaking as a panelist at The Fela Debates 17 as part of activities marking the 2025 Felabration festival, themed “Water (No) Get Enemy: Sustaining Life, Art and Commerce Through the Blue Economy,” Mr. Ekuma Eze, Head of Corporate Affairs and Sustainability, emphasized that the solution to environmental challenges can only be surmounted through stakeholder collaboration involving government, private sector, Civil Society Organisations, and communities. Held on Monday at the NECA…
Benin Summit Group Rejoices with Oba Ewuare II on His Birthday and 9th Coronation Anniversary With hearts aglow in reverence and joy, the Benin Summit Group (BSG) has joined millions of Benin sons and daughters at home and abroad in celebrating His Royal Majesty, Omo N’Oba N’Edo, Uku Akpolokpolo, Oba Ewuare II, CFR, on the auspicious occasion of his birthday and the 9th anniversary of his glorious coronation upon the ancient and sacred throne of the Great Benin Kingdom. In a message signed by its Convener, Earl Osaro Onaiwu, the Group described His Majesty’s reign as a period marked by…
Access Holdings, FNBC Champion Africa’s Creative And Economic Future At Création Africa 2025 L-R: Adora Umeoji, Managing Director, Zenith Bank; Tunde Folawiyo, Chairman, Coronation Merchant Bank; Aigboje Aig-Imoukhuede, President, France Nigeria Business Council (FNBC) and Chairman, Access Holdings; Jean-Noël Barrot, French Minister for Europe and Foreign Affairs; Jean Haas, Secretary General, FNBC, and Innocent Ike, Group Managing Director/CEO, Access Holdings, at the ministerial luncheon on the sidelines of Creation Africa 2025 Forum, which held in Lagos …recently The Création Africa 2025 Forum concluded in Lagos after three days of high-level dialogue, exhibitions, and artistic showcases that celebrated Africa’s creative power…
Glo Powers Ofala 2025, Reward Subscribers With Huge Prizes Globacom on Saturday drove home its strong position as Nigeria’s biggest supporter of culture as it registered another superlative showing at this year’s edition of Ofala Festival. Held at the Ime Obi, Onitsha, this year’s festival featured the Iru Ofala on Friday and the Azu Ofala on Saturday. The two are the major ceremonies that make up the grand Ofala Festival, a time-honoured tradition of the people of Onitsha. The Iru Ofala was Obi’s first public appearance after spending weeks in spiritual retreat and communion with the ancestors, in propitiation for…
PTI prepares for adaptable modular refinery Petroleum Training Institute The Petroleum Training Institute has announced plans to unveil a more adaptable modular refinery as part of efforts to deepen local refining capacity and boost Nigeria’s self-reliance in oil and gas technology. The Principal and Chief Executive Officer of PTI, Samuel Onoji, disclosed this on Monday, at a world press conference in Abuja ahead of the 4th Biennial International Conference on Hydrocarbon Science and Technology scheduled for October 22–23, 2025, at the PTDF Towers, Central Business District. Onoji revealed that the institute is working with industry partners to develop homegrown…
Nigerian Business Leaders Eye Caribbean Markets as GUBA Awards Makes Historic Barbados Debut Nigerian entrepreneurs and investors are leading the charge toward a new era of Africa-Caribbean commerce as the GUBA Awards prepares to host its inaugural Caribbean edition in Barbados this November, with Nigerian business leaders comprising the overwhelming majority of early registrations. The three-day summit, scheduled for November 10-12, 2025, represents the 16th edition of the prestigious GUBA Awards and signals a pivotal moment for economic collaboration between Africa’s largest economy and the 15-member Caribbean Community (CARICOM). Held in partnership with the Office of the Prime Minister of…
Lagos shows readiness to pay residents for recyclable waste File photo: Lagos Commissioner for Environment and Water Resources, Tokunbo Wahab • Everyone would be paid in exchange for recyclable waste, The Lagos State Government is calling on residents to turn household waste into cash as part of a renewed push to deepen recycling and keep the city clean. The “Cash for Trash’’ is a long-standing initiative in Lagos under the state Environmental Protection Agency. The waste-to-wealth initiative was created to allow residents to get paid in exchange for recyclable waste, thereby reducing the impact of climate change on the state.…
In respect of late mother, Davido unveils new university hostel … says talent can open doors, purpose gives meaning to it. Nigerian afrobeats star David Adeleke, popularly known as Davido, has commissioned an hostel at Clifford University, Abia State, naming it after his late mother. The hostel, was unveiled during the school’s convocation ceremony, where Davido encouraged the graduates to ensure their lives has purpose. He also stated that although talent can open doors, purpose gives meaning to ones talent. “When I looked into their faces, I saw the same fire that built me — that hunger to be seen,…
FCMB, NCDMB, BoI roll out ₦15bn Loan Scheme for local oil, gas contractors MD of FCMB, Mrs. Yemisi Edun. First City Monument Bank (FCMB) has been named one of the Participating Financial Institutions (PFIs) for the newly remodelled Community Contractors Finance Scheme, a ₦15 billion initiative by the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Bank of Industry (BoI). The scheme aims to close the funding and skills gaps constraining indigenous contractors in the oil and gas sector. It provides loans of up to ₦100 million at a competitive 8% interest rate per annum, empowering qualified…