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.
Elegbede Abiodun • Showing the governor’s readiness to make Kogi a prosperous state in Nigeria. The Managing Director/Chief Executive, Nigeria Export Processing Zones Authority (NEPZA), Dr. Olufemi Ogunyemi, yesterday issued the license of the newly approved Ajaokuta Free Trade Zone to the Governor of Kogi State, Alhaji Ahmed Usman Ododo. Speaking at the ceremony in Abuja, the governor said the recognistion will enable his administration to unlock the state’s vast mineral potential to better the lives of its people. He said the license was a fulfillment of his campaign promises to the people, describing it as both an asset and…
Gombe State and Sagamu Plant in Ogun State. Upon completion, Ashaka and Sagamu Plants’ total capacity will be 2MT and 3.5MT per annum respectively. After the expansion, the total capacity of Lafarge Africa will rise to 14.0MMT. Lolu Alade- Akinyemi concluded: ‘Lafarge Africa Plc will continue to explore the volume opportunities in our markets, while sustaining prudent cost optimization. Our sustainability-driven growth model remains at the core of our long-term value creation strategy, underpinned by the continued execution of our strategic priorities.’
Elegbede Abiodun Champion Breweries Plc, yesterday made public the successful completion of its acquisition of the Bullet brand portfolio from Sun Mark, marking a transformative milestone in the Company’s strategic expansion into a diversified, pan-African beverage platform. The acquisition, which was previously announced on 20 August 2025, gives Champion ownership of the Bullet brand assets, trademarks, formulations, and commercial rights globally through an asset carve-out structure. The assets are held in a newly incorporated entity in the Netherlands, in which Champion Breweries holds a majority interest, while Vinar N.V., the majority shareholder of Sun Mark, retains a minority stake. Bullet…
Manny Ita- At least 25 people have been confirmed dead following a series of coordinated attacks by gunmen across Adamawa State on Tuesday, marking one of the deadliest escalations of violence in the region this year. According to local government officials and community leaders, the primary assault occurred in Madagali Local Government Area, where insurgents riding motorcycles stormed a local market and opened fire, killing 21 civilians. Witnesses reported that the attackers looted food supplies and seized transport vehicles before fleeing the scene. Hours later, an ambush in the neighboring Hong Local Government Area resulted in the deaths of three…
Manny Ita – The Ministry of Finance Incorporated (MOFI) has officially commenced the electronic disbursement of dividends to eligible shareholders of the MOFI Real Estate Investment Fund (MREIF) today, February 27, 2026, following a record-breaking financial performance. The fund’s year-end audit for 2025 revealed a Net Asset Value (NAV) of ₦270.29 billion, marking a significant milestone in the federal government’s strategy to institutionalize and commercialize state-owned real estate assets. This payout follows the successful consolidation of high-yield commercial and residential properties into the fund’s portfolio, which has outperformed several private-sector benchmarks despite the prevailing high-interest-rate environment in Nigeria’s property market.…
Manny Ita – The National Information Technology Development Agency (NITDA) has concluded a specialized digital capacity-building initiative for the Federal Character Commission (FCC), equipping the agency with modern data tools and hardware to transition its oversight functions from manual processes to a digital, data-driven model. As part of the intervention, NITDA donated 35 high-end laptops to the Commission, aimed at enhancing the staff’s ability to monitor over 700 Ministries, Departments, and Agencies (MDAs) for compliance with the federal character principle. This move aligns with the Federal Government’s “Digital Literacy for All” (DL4All) program, which targets a 90% digital literacy rate…
Manny Ita – TikTok has officially named Nigeria as a central hub for global digital content trends in its newly released “Global Discover List 2026,” a selection of 50 creators recognized for their significant impact on culture and storytelling worldwide. The list, which highlights creators across five categories—Educators, Foodies, Icons, Innovators, and Originators—includes prominent Nigerian talent, signaling the country’s growing dominance in the short-form video ecosystem. Among the featured creators is Lagos-based medical practitioner Dr. Olawale Ogunlana, known on the platform as @doctorwalesmd, who was recognized in the “Educators” category for his work in simplifying complex medical information through engaging…
Manny Ita – The National Assembly Joint Committee on Health has officially recommended a ₦2.136 trillion allocation for the health sector in the 2026 fiscal year, specifically advocating for dedicated “take-off grants” to operationalize four newly established federal tertiary health institutions. During the submission of the harmonized budget report on Wednesday, the committee identified the Federal University Teaching Hospital, Lafia; the Federal University Teaching Hospital, Akure; the Federal University of Health Sciences Teaching Hospital, Otukpo; and the Federal University of Health Sciences Teaching Hospital, Ila-Orangun as the primary beneficiaries requiring urgent start-up funding. Senator Ipalibo Banigo, Chairperson of the Joint…
Manny Ita – The Africa Finance Corporation (AFC) has announced the renewal of its partnership with Ecobank Nigeria and Soto Gallery for the third consecutive year to host the +234 Art Fair, a major international exhibition scheduled to take place from March 5–8, 2026. The upcoming edition, themed “Inclusivity,” will be held at the Ecobank Pan-African Centre in Victoria Island, Lagos, serving as a strategic platform to spotlight 260 exhibitors and bridge the gap between Nigeria’s creative economy and the global finance community. The organizers stated that the 2026 theme reflects a deliberate commitment to expanding access within the creative…
Manny Ita – Foreign investment in Nigeria’s production and manufacturing sector recorded a sharp 54.11 percent decline during the first nine months of 2025, falling to $463.52 million from the $1.01 billion recorded in the corresponding period of 2024. According to data released by the National Bureau of Statistics (NBS) and corroborated by the Manufacturers Association of Nigeria (MAN), this significant downturn occurred despite a massive 131.96 percent surge in total capital importation into the country, which rose to $16.78 billion. Analysts report that the overwhelming majority of these new inflows—upwards of 80 percent—were directed toward short-term portfolio investments in…