Author: Ifetayo Adeniyi

FCMB aims fresh equity capital for expansion FCMB Group Plc has made public plans to raise equity capital to strengthen its financial base and support its regional and international expansion strategy. The development was filed recently with the Nigerian Exchange and communicated to stakeholders, including the investing public. According to the company, the Board of Directors, acting on approval granted by shareholders at an Extraordinary General Meeting held on December 19, 2024, has resolved to undertake an Offer for Subscription. The proceeds from the offer will be remitted as equity into First City Monument Bank Limited. “FCMB Group Plc hereby…

Jamara Home Presents “Life Reload Promo” to Elevate Back-to-School and Back-to-Work Shopping Jamara Home, Nigeria’s leading wholesale and retail hub for electronics and home appliances, has announced the launch of its latest consumer initiative, the “Life Reload Promo.” Designed to deliver an exceptional shopping experience as pupils and students return to school and many people resume work after the holiday break, the campaign underscores Jamara Home’s firm commitment to consumer satisfaction and value. Running from Monday, August 25 to Monday, September 15, 2025, the Life Reload Promo offers shoppers unbeatable discounts and a seamless experience both online at jamarahome.com and…

Nigeria, Brazil partner to restore direct flights between the two nations Tinubu, Keyamo at the signing Nigeria and Brazil on Monday signed a new Bilateral Air Services Agreement (BASA) to strengthen direct air connectivity between the two countries. The Minister of Aviation and Aerospace Development, Festus Keyamo, declared the development in a statement after the signing ceremony in Brasilia, the Brazilian capital on Monday. According to Keyamo, the agreement was signed alongside his Brazilian counterpart, the Minister of Ports and Airports, Silvio Costa Filho, in the presence of President Bola Ahmed Tinubu and Brazilian President Luiz Inácio Lula da…

Falcons captain Ajibade moves to French giants PSG Ajibade Paris Saint-Germain (PSG) have secured the signature of Super Falcons Captain Rasheedat Ajibade on a permanent deal, following her departure from Atlético Madrid earlier this summer. According to a Daily Post report, the Nigerian international inked a two-year contract with the French giants, with an option to extend for a third year. The report says she has already joined her new teammates in training ahead of the upcoming season. Ajibade, who left Atlético Madrid in June after her contract expired, will now link up with fellow Nigerian star Jennifer Echegini at…

Davido congratulates father on purchase of new private jet Davido congratulates father on purchase of new private jet Nigerian businessman Deji Adeleke, has made a shocking purchase worth $75 million. The billionaire’s son and afrobeats artist, Davido, announced his on his X page. He revealed that his father, Deji Adeleke, just purchased a new private jet to add to the fleet. This purchase comes barely a year after the billionaire purchased his second private jet. While showcasing the new jet, Davido congratulated his father. “Congrats Daddy! Number 3! You dey worry! Congrats to the dynasty,” he wrote.

Teachers’ registration: FG introduces digital portal for recognition Tunji Alausa … teachers will be licenced for credibility. The Federal Government, through the Teachers Registration Council of Nigeria and the United Kingdom-funded Partnership for Learning for All in Nigeria, on Monday unveiled the TRCN portal to strengthen the Nigerian teaching workforce. Speaking at the launch in Abuja, the Minister of State for Education, Prof. Suwaiba Ahmad, noted that the launch of the portal will not only lead to the digitisation of records, she noted that it will also provide a credible database of Nigerian teachers. She said, “Today, we are not…

Lafarge introduces Nigeria’s first low-carbon ready-mix concrete Lafarge Africa Plc has announced the launch of a new product into the market, EcoCrete, Nigeria’s first low-carbon Ready-mix concrete. EcoCrete delivers a minimum of 20% reduction in CO₂ emissions compared to conventional CEM I concrete, while maintaining the same high performance and reliability. Lafarge’s Abuja Ready-Mix (RMX) plant has been fully converted to 100% EcoCrete production, marking the first phase of this groundbreaking rollout. The Group Managing Director/Chief Executive Officer, Lafarge Africa Plc, Lolu Alade-Akinyemi said that the introduction of EcoCrete expands the company’s portfolio of sustainable solutions, reinforcing its commitment to…

Atiku Abubakar declares intention to run for presidency in 2027 Atiku Abubakar Against the rumour that he may backout of the 2027 presidential contest, former Vice President Atiku Abubakar said he remains in the race. Atiku was quoted to have said at the weekend his commitment to the evolution of a better Nigeria outweighs his quest to be President. Prof Ola Olateju of the Achievers University, Owo, Ondo State, who represented Atiku at the defection of some political figures to the African Democratic Congress, (ADC), in Lagos at the weekend, suggested that Atiku was not keen about occupying Aso Rock…

President Tinubu in Brazil, meets Lula in Brasilia as state visit commences … meets Lula in Brasilia as state visit commences. President Luiz Inácio Lula da Silva of Brazil on Monday welcomed President Bola Ahmed Tinubu at the Planalto Palace, Brasilia, with a full military honours parade to formally welcome him on his first official state visit to the South American country. The colourful ceremony, held in front of Brazil’s seat of power, signalled the beginning of high-level engagements between the two leaders aimed at strengthening bilateral ties and opening fresh areas of cooperation. President Tinubu, who arrived in Brasilia…

Polaris Bank Partners NCF On Tree-Planting … thus making environment healthy for living. Digital Literacy: Polaris Bank Partners NYSC, NerdzFactory To Build Capacity Of 5,000 Corps Members Polaris Bank has partnered with the Nigeria Conservation Foundation (NCF) to launch a tree-planting initiative in Rivers State. The exercise, held at Bodo City Girls Secondary School in Gokana Local Government Area, is part of efforts to combat carbon emissions and promote sustainable environmental practices. Speaking at the event, Polaris Bank’s Divisional Head for South-South, Mr. Raphael Abiaziem, was represented by Mr. Ejike Aroh, Business Development Manager of the Garrison Branch, who underscored…