Author: Ifetayo Adeniyi

Legend Stout, Adekunle Gold unite to celebrate Nigerian culture Adekunle Gold …showing commitment to Nigerian culture and artistic initiatives. Legend Extra Stout has partnered with singer and songwriter Adekunle Gold to celebrate Nigerian music, culture and artistry through a street carnival held in Lagos. According to a statement, the event, themed ‘Legend Extra Stout x Mainland BlockParty’, took place on Broad Street, Lagos Island, as part of the celebration of Gold’s sixth studio album, Fuji. The brand described the partnership as part of its commitment to supporting Nigerian culture and artistic expression. It said the carnival brought together fans to…

IMF names Africa’s fastest-growing economies exempting Nigeria International Monetary Fund …encouraged Africa to consolidate fiscal discipline, strengthen debt management, and deepen structural reforms. The International Monetary Fund has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda continue to lead the continent’s growth trajectory in the world. The IMF said the five countries are now among the world’s fastest-expanding economies, buoyed by sustained policy reforms, improved fiscal management, and investments in infrastructure and manufacturing. The Director of the IMF’s African Department, Abebe Selassie, disclosed this during the launch…

LiteFi partners with Renmoney to expand loan access for Nigerians Loan LiteFi has announced a new partnership with Renmoney to expand its lending capacity and bring more credit options to Nigerians. Through the partnership, Renmoney will fund LiteFi borrowers via an on-lending arrangement. This allows LiteFi to serve more customers and grow its loan book across different segments, including salary earners, self-employed, and SMEs. This partnership gives LiteFi the regulatory backing to extend its services to more households and businesses and meet the growing demand for credit of Nigerians. The collaboration is about scale and broadening LiteFi’s product range. Borrowers…

Veteran actress Mama Rainbow celebrates 60 years on stage, 83rd birthday Veteran Nollywood Actress, Idowu Philips, known as Mama Rainbow…Photo Credit: Instagram | mamarainbowofficial Veteran actress and Yoruba film legend, Idowu Phillips, popularly known as Mama Rainbow, has celebrated her 83rd birthday and 60 years on stage, thanking God, her family, and fans for their love and support through her six-decade career. The veteran actress marked the milestone on Thursday with a message shared on her Instagram page, where she reflected on her journey in the entertainment industry and the people who have supported her. “Today, I celebrate 83 years…

How Nigerian Star Tems Is Clearing A Path For African Women In Music In the latest episode of African Voices Changemakers, CNN’s Larry Madowo meets Grammy-winning artist Tems, who talks about her rise from Lagos to global stages and how she’s using her platform to empower women. Born Temilade Openiyi in Lagos, Tems rose from self-taught producer to global star, making history as the first Nigerian to debut at No. 1 on the Billboard Hot 100. She talks about her music, “I think for me personally, authenticity is everything to me. I feel like that’s the one thing I cannot…

Adopt-A-School Initiative: Stanbic IBTC Transforms Learning Environment At Chwelnyap Primary School, Plateau State L-R: Christopher John kyoroh, Local Government Chairman Jos North; Olushola Alerege, Head, Commercial Banking, North Central Suite, Stanbic IBTC Bank; Samuel Sunday Amura, Chairman, Plateau State Universal Basic Education Board at the handover ceremony of Chwenlnyap Primary School Plateau, forming part of the Stanbic IBTC’s Adopt-A-School initiative. Stanbic IBTC Holdings has completed the renovation and upgrade of Chwelnyap Primary School in Plateau State under its Adopt-A-School initiative, reaffirming its unwavering commitment to advancing educational excellence across Nigeria. The extensive renovation and infrastructure enhancement project underscores the institution’s…

Amupitan Confirmed As INEC Chairman – Senate Amupitan Confirmed As INEC Chairman – Senate The Senate, on Thursday afternoon, confirmed Professor Joash Amupitan as the new chairman of the Independent National Electoral Commission (INEC). The confirmation of Amupitan was done through a voice vote by the lawmakers after undergoing screening and answering questions posed by members of the Senate for almost two hours. President Bola Tinubu had nominated Amupitan for the chairmanship of INEC following the exit of Prof. Mahmood Yakubu about two weeks ago Amupitan, who was accompanied to the parliament by Kogi State governor, Ahmed Ododo, and others,…

Opay to spend N60m sponsoring 20 LASU students on scholarships LASU VC Vice-Chancellor, Prof. Ibiyemi Olatunji-Bello and Opay CEO Elizabeth Wang at the event. Photo: LASU Opay Digital Services Limited has signed a Memorandum of Understanding with Lagos State University to sponsor 20 students with scholarships worth ₦60 million over the next 10 years. This was contained in a statement shared on the school’s official WhatsApp channel on Wednesday. The initiative, facilitated under the auspices of the LASU-SDG in collaboration with the Lagos State University Directorate of Advancement, was formalised at a signing ceremony held on Monday at the university’s…

Nigeria records 6% trade surplus, economy on steady rebound – Cardoso CBN Governor, Olayemi Cardoso. Photo: CBN / X … surplus is expected to remain stable in the near term as policy reforms continue. The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday disclosed that Nigeria’s trade surplus has risen to six per cent of the nation’s Gross Domestic Product, attributing the improvement to ongoing macroeconomic reforms by the Bola Tinubu administration. Cardoso, who spoke at the G24 press briefing on the sidelines of the IMF/World Bank Annual Meetings in Washington, D.C., said the surplus is expected…

FG eyes 600,000 bpd crude increase from new investments The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has projected a boost of approximately 600,000 barrels per day in Nigeria’s crude oil production, driven by a surge in new investments in the upstream sector. It stated that the additional output would come from the 28 Field Development Plans approved so far in 2025, which are expected to deliver about 600,000 barrels of crude oil and over 2 billion standard cubic feet of gas per day. If realised, this would raise Nigeria’s daily crude production to about 1.89 million barrels,…