Author: Ifetayo Adeniyi

Nigeria, now major crude supplier to Senegal refinery — Report Crude oil … while Senegal depends on Nigeria for crude products, it relies on Russia for the finished ones. Nigeria has emerged as a key crude supplier to the 30,000-barrels-per-day Dakar Refinery in Senegal, even as the country celebrated its entry into the league of oil-producing nations last year. Senegal began pumping oil in mid-2024 from the Sangomar field, which produces around 100,000 barrels per day of medium sour crude (31° API, 1.0 per cent sulphur), according to a report by industry analyst Kpler. The report stated that virtually all…

AfroNation presents headliners ahead of 2026 festival The annual three-day music festival, AfroNation, has announced its headlining artists for the 2026 edition of the festival. AfroNation, on Instagram, revealed that Nigerian artists Asake, Olamide and Wizkid will be headlining the event alongside South Africa’s Tyla. This announcement stirred excitement amongst fans as previous editions have proved to be memorable experiences for fans with performances from Burna Boy, Davido, Ayra Starr, Megan Thee Stallion and so many others. The festival is set to unite the African diaspora with a celebration of dance, food, fashion, music, in Portugal in 2026.

FIFA U20 World Cup: Flying Eagles thrashed Saudi Arabia 3-2 Flying Eagles Megastarmagazine – Flying Eagles of Nigeria thrashed Saudi Arabia 3-2 in an interesting group F encounter in Talca on Friday morning to earn three points and brighten their chances of reaching the Round of 16 at the ongoing 24th FIFA U-20 World Cup finals holding in Chile. Midfielder Nasiru Salihu scored Nigeria’s first goal of the tournament by converting in the 10th minute, but the Asians were back on level terms in the 21st minute through Amar Alyuhaybi. Relentlessly, the seven-time African champions went in front again as…

How Stanbic IBTC is Harnesses the Transformative Potential of Technology-driven Environmental Solutions As Nigeria grapples with the dual challenges of economic growth and climate resilience, the country’s financial sector is pioneering innovative solutions that could reshape how Africa approaches sustainable development. A quiet revolution has started at the recently concluded Stanbic IBTC Sustainable Finance Summit 2.0, held in partnership with the Lagos Business School Sustainability Centre, which offered a compelling glimpse into this transformation. The event, themed “Financing Resilience: Digital Innovation and AI for Climate Smart Communities,” brought together over one thousand participants from across Nigeria’s financial, technology, and policy…

Polaris Bank, NCF expand tree planting drive to Lagos, Ogun, Kaduna Polaris Bank, in partnership with the Nigeria Conservation Foundation (NCF), has extended its nationwide tree planting campaign to three key locations: the Lekki Conservation Centre in Lagos state, the Federal University of Agriculture, Abeokuta (FUNAAB), Ogun state, and Sardauna College, Kaduna state. The initiative, first launched in 2024 during the Bank’s World Environment Day commemoration, is part of the bank’s broader commitment to combating climate change, reducing carbon emissions and promoting sustainable environmental practices across Nigeria. The Lagos edition, which held at the iconic Lekki Conservation Centre, was attended…

For investments, Nigeria set to unveil 105 innovations in London The National Board for Technology Incubation said Nigeria is ready to showcase 105 innovations in London that will attract foreign investments and provide solutions to some challenges facing humans. The Director-General of NBTI, Dr Kazeem Raji, made this known during a world press conference on the Grand Finale of NextGen Innovation Challenge 2025 on Thursday in Abuja. “On Thursday, Oct. 9, in the city of London, 105 of Nigeria’s most outstanding innovators, selected from over 3,000 ground-breaking entries, will converge at the Hilton London Paddington. “They will pitch revolutionary solutions…

Oyo partners Kunle Afolayan’s KAP Academy to present filmmaking residency File: Kunle Afolayan The Oyo State Government has collaborated with the KAP Film & Television Academy, founded by filmmaker Kunle Afolayan, to launch a 10-day intensive filmmaking residency programme. The residency, themed “Emerging Stories,” will run from October 6 to 15 at the KAP Film Village & Resort in Igbojaye, Oyo State, the production site of Netflix’s Aníkúlápó. According to the statement, the programme will feature hands-on training in screenwriting, directing, cinematography, editing and film business. Participants will be mentored by veteran figures in Nigerian cinema, including Afolayan, Tunde Kelani…

Stanbic IBTC Holdings PLC Announces the appointment of a substantive Group Chief Executive The Board of Stanbic IBTC Holdings PLC (the “Company”) is pleased to announce the appointment of Mr. Chukwuma (Chuma) Nwokocha as the substantive Group Chief Executive, with effect from 02 October 2025, following the receipt of all required regulatory approvals. Mr. Nwokocha’s appointment follows the completion of Dr Adekunle Adedeji’s tenure as Acting Chief Executive, during which time the Board undertook a formal appointment process in accordance with regulatory requirements. Dr Adedeji will continue in his role as Executive Director/Chief Finance and Value Management Officer of…

Wema Bank Expands SME Empowerment to Ghana with NBC Trade Fair As part of its commitment to supporting female entrepreneurs through inter-Africa trade, Wema Bank is extending the reach of women-led businesses with the NBC Trade Fair across Nigeria and beyond. The bank is now set to make a bold move with the Ghana edition, scheduled to hold on October 4th and 5th, 2025, at The Palms Convention Center, Accra. For the first time, the Wema X NBC trade fair will be bringing together a dynamic mix of fashion, food, skincare, and lifestyle vendors to create a vibrant marketplace in…

Tinubu Congratulates Kresta Laurel On 35th Anniversary, Says ‘Your Longevity Is A Reward For Your Resilience’ • Kresta Laurel Limited is a major player in elevators and escalators. President Bola Tinubu has come out to congratulate the management and staff of Kresta Laurel Limited on the 35th anniversary of the leading indigenous elevator company. He recently hailed the company for its longevity and enterprise discipline over the years. In a press statement issued by his Special Adviser on Information & Strategy, Bayo Onanuga, Tinubu stated that the company has lasted many decades because of its effective business practices, sheer determination…