Author: Ifetayo Adeniyi
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.
GTCO raises GTBank’s Paid-Up Capital to ₦504 Billion Guaranty Trust Holding Company Plc (NGX: GTCO;LSE: GTCO), today announced that it has increased its investment in its wholly owned Banking subsidiary, Guaranty Trust Bank Limited (“GTBank”) to ₦504 billion through a rights issue subscription for 6,994,050,290 ordinary shares of fifty kobo each made by GTBank for a total consideration of ₦365,850,403,572.67, thus increasing GTBank’s paid-up share capital from ₦138,186,703,485.78 to ₦504,037,107,058.45. This Capital Injection ensures GTBank’s compliance with the new minimum capital requirement for commercial banks with international authorisation stipulated by the CBN. The Capital Injection was funded by the two-phased…
FIRSTBANK’S ₦1 TRILLION DIGITAL LOAN DISBURSEMENT MILESTONE AND THE NEW ERA OF INCLUSIVE LENDING IN NIGERIA Segun Alebiosu, MD/CEO, FirstBank For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the script. With the launch of its digital lending model, the bank eliminated collateral requirements and slashed approval times from weeks to under five minutes. Loans now flow through multiple channels including…
Glo Appreciates Nigerians for 22 Years of Unwavering Patronage, Support Telecommunications giant, Globacom, has expressed appreciation to its customers across the country and beyond for their loyalty and trust over the past 22 years since it commenced operation in the country. In a thank you message to its customers, Globacom said, “22 years of Glo is a story of resilience and strength, and through every storm, you, our loyal subscribers, have powered our network. With every connection, you have fuelled our growth”. Since roll out of services on August 29, 2003, Globacom has consistently championed groundbreaking innovations and interventions in…
FG hikes passport price to N100000, N200000, says timely delivery necessary FILE: Nigerian passports The Federal Government, on Thursday, defended the upward review of Nigerian passport fees to N100,000 and N200,000, saying it was necessary to sustain quality, curb corruption, and ensure timely delivery of travel documents. The Nigeria Immigration Service, in a statement signed by its Public Relations Officer, ACI AS Akinlabi, on Thursday, announced that from September 1, 2025, applications made within Nigeria will attract new fees of N100,000 for the 32-page, five-year validity passport and N200,000 for the 64-page, 10-year validity passport. “The review which only…
NCC Boosts Cybersecurity Measures For Telecom Infrastructure L-R: President, International Youth Parliament, Hon. Promise Digos; Chief Executive Officer, Megamore Wireless Limited, Amin Dayekh; Executive Commissioner, Technical Services, Nigerian Communications Commission (NCC), Abraham Oshadami; Head, Cybersecurity and Internet Governance Department, NCC, Babagana Digima; Chief Executive Officer, Cybernover, Dr. Kazeem Durodoye at the 2nd Cyber Security Stakeholder Workshop Hosted by the Nigerian Communications Commission in Abuja on Wednesday (27th August 2025). … provides a platform to consolidate understanding of proposed cybersecurity framework. The Nigerian Communications Commission (NCC) is firming up a cybersecurity framework for securing digital infrastructure and enhancing online safety for…
LAWMA completes annual Summer School Programme The Lagos Waste Management Authority (LAWMA), has successfully concluded the 2025 edition of its annual Summer School Programme organised through LAWMA Academy. The three-week intensive session, held at LAWMA’s headquarters Ijora-Olopa, brought together pupils from schools across Lagos to learn, innovate, and engage in sustainability-focused activities. This year’s programme, themed ‘Saving the planet one step at a time’, featured a rich blend of classroom lessons, practical demonstrations and field trips, aimed at deepening participants’ understanding of waste management and environmental sustainability. Pupils took part in recycling and upcycling workshops, creating centre tables and frames…
Nigeria-China Strategic Partnership: Guangxi People’s Congress Delegation Pays Visit A high-level delegation of the Guangxi People’s Congress of China, led by Zhang Xiaoqin, Vice Chairman of the Standing Committee, has paid a courtesy visit to the Nigeria-China Strategic Partnership (NCSP) in Abuja. The team was accompanied by the Head of Mission of the Chinese Embassy in Nigeria, Mr. Zhou Hongyou. While welcoming the delegation, the Director-General of NCSP reassured Nigeria’s commitment to the One-China Principle and highlighted the country’s long-standing relations with China, recently elevated to a Comprehensive Strategic Partnership at FOCAC 2024. He outlined NCSP’s mandate, which includes monitoring…
Stanbic IBTC Bank Celebrates Fourth Monthly Draw; Rewards 70 Lucky Winners In Reward4Saving Promo 4.0 L-R: Marian Odidika, Manager, Customer Value Proposition, Stanbic IBTC Bank; Ebinum Roseline Abosede, winner; Oluwakemi Zollner, Head, Sales Lagos Mainland, Stanbic IBTC Bank; Eromonsele Agboighale, winner; and Titilayo Philip-Adetunji, Principal Standard Officer, Federal Competition and Consumer Protection Commission (FCCPC), during the Reward4Saving Promo 4.0 July cheque presentation, held recently in Lagos. Stanbic IBTC Bank has reaffirmed its dedication to fostering a sustainable savings culture in Nigeria through the successful hosting of the fourth monthly draw in its Reward4Saving Promo – Season 4. The event took…
Sandisk® Launches WD Blue® SN5100 NVMe™ SSD With Faster Speeds For Creators And Professionals Sandisk launched the WD Blue® SN5100 NVMe™ SSD, designed for creators and professionals looking to speed up demanding AI-enabled workflows and content creation projects. The new PCIe® Gen 4.0 drive features speeds nearly 30% faster than the prior generation1. Users can now power through their projects in no time, including editing, rendering, and file transfers of high-resolution videos, images, and other large assets. Engineered with SANDISK® BiCS8 QLC NAND technology, the WD Blue SN5100 NVMe SSD makes working with 4K and 8K video and massive project…
Dangote Group, Ethiopia Sign Agreement To Build $2.5bn Fertiliser Plant L-R: CEO, Ethiopian Investment Holdings, Dr Brook Taye; Ethiopian Prime Minister, HE Abiy Ahmed Ali; President/CE, Dangote Group, Aliko Dangote and CEO, Dangote Fertilisers Ltd, Vishwajit Sinha at the signing of a $2.5 billion fertiliser plant agreement in Addis Ababa. Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group today announced the signing of a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will hold a 40% equity stake…