Author: Ifetayo Adeniyi

Daddy Showkey performs to wounded soldiers in Kaduna on Christmas Day Daddy Showkey performes at 1 Division Nigerian Army in Kaduna on Christmas Day Daddy Showkey performs to wounded soldiers in Kaduna on Christmas Day The 1 Division of the Nigerian Army in Kaduna was a beehive of activities on Wednesday, as veteran Nigerian Dancehall musician, Daddy Showkey, serenaded wounded soldiers and their families with good music. The performance by the veteran gala singer was in commemoration of the Christmas celebration and organised by Tribute to Our Troops Foundation in collaboration with the Office of the Chief of Defense Staff…

Q3 2024, Nigeria receives $285m foreign capital from African investors –NBS National Bureau of Statistics Q3 2024, Nigeria receives $285m foreign capital from African investors –NBS The National Bureau of Statistics has disclosed that African investors, excluding those from Nigeria, contributed a notable $285.11m in foreign capital to Nigeria in the third quarter of 2024. This contribution accounted for 22.76 per cent of the total foreign capital inflow into the country, highlighting the significant role played by African nations in the capital importation landscape. An analysis of the latest capital importation report of the NBS noted a decline in Africa’s…

Power: FG budgets N1tn for special interventions, projects Adebayo Adelabu FG budgets N1tn for special interventions, projects. FG budgets N1tn for special interventions, projects. The Ministry of Power plans to allocate a significant portion of its N1.2tn 2025 budget towards financing a range of multilateral and bilateral loan projects to enhance electricity generation and distribution nationwide. It allocated N810bn to fulfil its funding obligations of the $1.74bn World Bank’s Power sector recovery and $2.62m Distribution Sector Recovery Programme loans to improve the technical and financial performance of electricity distribution companies. The DISREP programme seeks to install 3.2 million meters. These…

FELIZ NAVIDAD, NIGERIANS! WITH GLO TVCS. FELIZ NAVIDAD, NIGERIANS! WITH GLO TVCS. Celebratory seasons, such as Christmas and New Year, are times when corporate organisations churn out new television commercials (TVCs) to connect with their customers and share the fun, euphoria and uncommon conviviality of such seasons. One such organization which has over the years used this strategy to great effect is Nigeria’s top telecommunications brand, Globacom. The exciting commercials that the technology company keeps rolling out fan the delight and elation of the season of goodwill. The brand employs the occasion not only to promote brand awareness but to…

Greenwich Group ready to break new territories, celebrates 30th Anniversary L-R: Chairman of Greenwich Group, Kayode Falowo; Mrs. Dorothy Falowo; Governor of Ogun State, Dapo Abiodun; Deputy Governor, Financial System Stability of CBN, Phillip Ikeazor & Prof oluwatoyin Ashiru, Pro-chancellor & Chairman of Governing Council of Obabisi Onabanjo University, at an exclusive dinner to commemorate the 30th Anniversary of Greenwich Group held over the weekend at the Grand Ballroom, Oriental Hotel in Lagos. Greenwich Group ready to break new territories, celebrates 30th Anniversary. The Greenwich Group, a leading financial solutions provider in Nigeria, is celebrating 30 years of delivering innovative…

Access Holdings Plc Secures Full Regulatory Approvals for Recently Closed Rights Issue of Ordinary Shares Access Holdings Plc Secures Full Regulatory Approvals for Recently Closed Rights Issue of Ordinary Shares Access Holdings Plc (‘the Company’) today announces that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed Right Issue of 17,772,612,811 Ordinary Shares of 50 Kobo each at N19.75 Kobo per share (‘the Rights Issue’) and has raised the target amount of N351,009,103,017.25. This development has positioned the Company’s flagship subsidiary, Access Bank Plc (‘the Bank’)…

Adron Homes Celebrates Christmas with Customers, Reaffirms Commitment to Bridging Nigeria’s Housing Deficit Adron Homes Celebrates Christmas with Customers, Reaffirms Commitment to Bridging Nigeria’s Housing Deficit As the world embraces the joy and warmth of the Christmas season, Adron Homes and Properties, Nigeria’s foremost real estate company, has extended heartfelt greetings to its esteemed customers while reaffirming its commitment to addressing the nation’s housing challenges. In a message of gratitude and celebration, Adron Homes expressed deep appreciation to its customers for their trust and loyalty throughout 2024. The company highlighted its unwavering dedication to making incredible housing affordable for all…

SON DG, Dr. Ifeanyi, recognized with Doctoral Fellowship in Crisis Management Dr. Ifeanyi Okeke SON DG, Dr. Ifeanyi, recognized with Doctoral Fellowship in Crisis Management. The Director-General, Chief Executive of the Standards Organisation of Nigeria, Dr. Ifeanyi Okeke, has been awarded an Honorary Doctoral Fellowship by the Emergency, Crisis & Disaster Risk Management Institute. The award was presented during the maiden edition of the Nigeria Climate and Emergency Conference. Representing the SON DG at the event, the Group Head of Environment Standards, Dr. Ganiyat Adebayo, delivered a goodwill message, expressing gratitude to the organisers for the recognition. Okeke emphasised the…

2024 Report: FG Uses N8.73bn On Airport Power Generation Nnamdi Azikiwe International Airport, Abuja FG Uses N8.73bn On Airport Power Generation in 2024. The Federal Government of Nigeria spent N8.73bn on airport power infrastructure in 2024, primarily to ensure a consistent electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport, Abuja. This expenditure was highlighted in a report by BudgIT’s transparency platform, GovSpend. According to the report, significant payments were made to J. Marine Logistics Ltd for outsourced power supply. These included N5.67bn for power supply between March and September 2023, N2.19bn on 9 May 2024…

Presidential media chat: Boost To Naira And Stock Market Presidential media chat has become a booster to naira and stock market. Presidential media chat has become a booster to naira and stock market. Experts in Economic and finance have said President Bola Ahmed Tinubu’s Monday media chat showed admirable grasp and clarity of thoughts on the nation’s macroeconomic outlook. The financial markets reacted positively yesterday, in the first trading day after the presidential media chat. The naira firmed up, it appreciated by four basis points to N1,540.33 per dollar. At the stock market, the benchmark equities index rose by…