Author: Ifetayo Adeniyi

Sterling HoldCo moves ahead in recapitalisation Sterling HoldCo moves ahead in recapitalisation Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank of Nigeria (CBN) recognising an additional N75 billion in its capital raise. This approval represents the final leg of the capital injection that was achieved through a private placement in September 2024. Building on the private placement’s success, Sterling launched a Rights Issue in October 2024, structured to provide existing shareholders the exclusive opportunity to deepen their stakes in the company and share in its growth story. The Rights Issue received significant…

Never Forget: Akeredolu’s mausoleum unveiled by family in Owo Akeredolu’s mausoleum unveiled by family in Owo Akeredolu’s mausoleum unveiled by family in Owo The family of the late former Governor of Ondo State, Arakunrin Oluwarotimi Akeredolu, has unveiled his mausoleum in his hometown, Owo. Akeredolu’s mausoleum unveiled by family in Owo Sharing photos of the structure on Facebook on Friday, Babajide Akeredolu wrote, “The Oluwarotimi O. Akeredolu Mausoleum & Memorial Park. Happy to share this with the public now. Grateful for the opportunity the family gave me to go to town on putting this place together. Akeredolu’s mausoleum unveiled by…

Aiyedatiwa names court complex after ex-gov, immortalises Akeredolu Akeredolu and Aiyedatiwa Aiyedatiwa names court complex after ex-gov, immortalises Akeredolu Ondo State Governor, Lucky Aiyedatiwa has immortalised his predecessor, Rotimi Akeredolu as he announced that the new High Court complex to be constructed in the state would be named after the departed ex-governor. Aiyedatiwa became the Ekiti governor after Akeredolu’s death on December 27, 2023. Speaking during the flag-off ceremony for the construction of the new high court complex also called the Judiciary Village in Akure, the state capital, on Friday, Aiyedatiwa described the project as a historic milestone for…

AARE ADETOLA EMMANUELKING SHINES BRIGHT AS THE REMO DAY “MAN OF STEEZE” The Gateway Stadium, Sagamu was aglow yesterday, the 27th of December, 2024, as the maiden edition of Remo Day culminated in a grand rally celebrating the unity, culture, and progress of Remoland. Hosted by the revered Akarigbo of Remoland, the event brought together dignitaries from across the nation, including the Chief of Staff to the President of Nigeria, Hon Femi Gbajabiamila, the esteemed Governor of Ogun State, Prince Dapo Abiodun (MFR) and the first lady of the state, The Ewusi of Makun, HRH Oba Timothy Oyesola Akinsanya, ORUNAGBA…

Allen Onyeama, Air Peace Chairman, accepts his airline staff violate regulations – NCAA claims Allen Onyeama, Air Peace Chairman, accepts his airline staff violate regulations – NCAA claims The Chairman of Air Peace, Allen Onyeama, on Friday, publicly admitted that staff of his airline sometimes violate regulations, the Nigeria Civil Aviation Authority (NCAA) has claimed. According to NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu, via a post on X, Onyeama made the admittance while accepting enforcement actions taken against his airline by the regulatory agency. According to Achimugu, Onyeama said he had instructed his airline’s staff to…

100 most influential Africans in 2024: Dangote, Lookman, Tinubu’s nephew and others inclusive In 2024, Africa continues to make its relevance globally with individuals from various sectors driving innovation, development, and progress. 100 most influential Africans in 2024 The New African magazine, in a press release on Friday, unveiled its list of the 100 Most Influential Africans of 2024, spotlighting individuals who have made significant impacts across politics, business, science, sports, and civil society. The 2024 list features prominent figures like Wale Tinubu, nephew of Nigeria’s President Bola Tinubu; Africa’s richest man, Aliko Dangote; and Nigerian football star Ademola Lookman,…

Abuja traders rejoice as business booms during Christmas FCT trader Abuja traders rejoice as business booms during Christmas Despite widespread concerns over economic hardship, some business owners in the Bwari Area Council of the FCT reported significant profits during the Christmas celebrations. In separate interviews with the News Agency of Nigeria on Friday, the business owners attributed their success to high patronage and an impressive turnout at their establishments. Mrs Bosede Bamidele, the owner of a restaurant and bar, told NAN that the Christmas period brought one of the highest customer turnouts she had experienced in recent times. Bamidele revealed…

300 SMEs, 500 indigents in Imo get Tinubu’s support group empowerment President Bola Tinubu 300 SMEs, 500 indigents in Imo get Tinubu’s support group empowerment A support group for President Bola Tinubu, South East Renewed Hope Agenda, on Friday empowered over 300 Small and Medium Enterprises in Imo State. The National Coordinator of the group, Belusochukwu Enwere, said in Owerri, the state capital, that the aim of the programme was to uplift enterprising Nigerians by supporting their skills and businesses to drive economic growth. He said, “The programme seeks to empower thousands of youths and women across the South East…

Just in 2 weeks, “Everybody Loves Jenifa” breaks box office records with N783m Just in 2 weeks, “Everybody Loves Jenifa” breaks box office records with N783m. Multi-award winning actress and filmmaker Funke Akindele is celebrating a major milestone as her latest film, “Everybody Loves Jenifa,” breaks box office records. The movie has grossed N783 million in just two weeks, becoming the highest-grossing Nollywood film of 2024. It has also achieved the largest single-day gross of all time with N107 million. Akindele’s film is currently showing in cinemas nationwide and internationally, including in the UK, US, New Zealand, Australia, and Canada.…

Tyla, South African star, thrills as she celebrates Christmas in Nigeria Tyla Tyla, South African star, thrills as she celebrates Christmas in Nigeria South African sensation Tyla has expressed her excitement about celebrating Christmas in Nigeria this year. The music star arrived in the country just before the holiday and has been living it up, attending numerous parties and embracing the vibrant Nigerian festive scene. Tyla, South African star, thrills as she celebrates Christmas in Nigeria. In a recent interview with The Beat FM 99.9, Tyla shared that her decision to visit Nigeria was inspired by watching videos of…