Author: Ifetayo Adeniyi

Sanwo-Olu commissions footwear factory in Lagos Babajide Sanwo-Olu Sanwo-Olu commissions footwear factory in Lagos The Lagos State Governor, Babajide Sanwo-Olu, is set to commission the largest safety footwear manufacturing factory in Nigeria, owned by Yikodeen Company Limited, marking a significant boost to local production and industrial growth. In a statement on Monday, it was noted that Yikodeen Company Limited is set to officially unveil its ultra-modern, expanded manufacturing facility in Lagos. It stated, “The commissioning ceremony, scheduled for June 24, 2025, will be chaired by the Executive Governor of Lagos State, Babajide Sanwo-Olu, and will feature the attendance of other…

Osimhen prefers  £200k weekly, against £300k – Fabrizio Victor Osimhen Osimhen prefers  £200k weekly, against £300k – Fabrizio Victor Osimhen is willing to accept a weekly wage of just under £200,000 at Manchester United, contrary to reports suggesting he wants £300,000 per week, according to transfer expert Fabrizio Romano. The clarification comes amid speculation that INEOS are reluctant to meet the Nigerian striker’s supposed wage demands as they look to trim United’s bloated wage bill. Romano told Givemesport that reports of Osimhen demanding around £300,000 per week are “wide of the mark” and that the Napoli striker is prepared to…

Trump announces Israel, Iran agree to complete ceasefire U.S. President Donald Trump Trump announces Israel, Iran agree to complete ceasefire According to late-night development, U.S. President Donald Trump announced a “complete and total” ceasefire agreement between Iran and Israel, following nearly two weeks of escalating hostilities that have drawn international concern. Posting on social media shortly after 11 p.m. local time, Trump stated that both countries had agreed to halt military operations, with the ceasefire set to begin “in approximately six hours” after each side has wound down its current offensive actions. He went on to declare the conflict the…

MyTax Nigeria introduces digital tool to simplify tax compliance MyTax Nigeria introduces digital tool to simplify tax compliance As conversations around tax reform and digital transformation continue to grow in Nigeria, a new web-based platform has been introduced to simplify the often confusing terrain of tax management for millions of Nigerians. Known as MyTax Nigeria, the platform offers a range of tools and resources designed to help individuals and businesses better understand and manage their tax obligations. The platform is designed to support a wide spectrum of users—from employed professionals to freelancers and entrepreneurs—by offering information on tax registration, compliance,…

Opay unveils N1.2bn scholarship for 20 students, partners UNIUYO UNIUYO gate Opay unveils N1.2bn scholarship for 20 students, partners UNIUYO Twenty outstanding students of the University of Uyo, Akwa Ibom State, will be selected to benefit from Opay’s N1.2bn 10-year scholarship programme for Nigerian Universities Each of the recipient will receive a total of N300,000 to augment their needs in school. This was disclosed at the signing of the Memorandum of Understanding between the Opay and management led by the head of Partnerships at Opay, Ikponmwosa Odiase and the University of Uyo management on Monday. Speaking during the ceremony, Odiase…

Fidelity Bank Uplifts Old People’s Home With Essential Items Donation L-R: Member, Nexus 2025 Inductee Class, Grace Bamigboje; Caregiver, Old People’s Home, Mrs Kebbi Orinowu; and Products Marketing Partner, Fidelity Bank Plc, Tolulope Rojaiye; at the Fidelity Helping Hands Programme Donation to Old People’s Home, Yaba, Lagos State recently. Fidelity Bank Uplifts Old People’s Home With Essential Items Donation Leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to corporate social responsibility with the donation of food and essential items to the Old People’s Home in Yaba, Lagos. The donation was made possible through the generosity of the bank’s…

CIO & C-Suite Awards Africa 2025 Expands Across 15 African Countries, Calling for Nominations Celebrating Icons of African Innovation CIO & C-Suite Awards Africa 2025 Expands Across 15 African Countries, Calling for Nominations The CIO & C-Suite Awards Africa is proud to announce the official Call for Nominations for its 2025 edition, now expanded to include participation from 15 African countries. This prestigious platform continues to celebrate visionary leaders driving innovation, transformation, and impact across sectors through the strategic use of technology and enterprise leadership. Now in its 6th year, the Awards have evolved into a truly pan-African initiative that…

Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning and Collaboration for Career Success Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning and Collaboration for Career Success Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, OON, has encouraged women professionals to embrace continuous learning, courage, and collaboration as key habits for achieving long-term career success and breaking through professional barriers. She gave the charge during a Women’s Roundtable hosted by the bank over the weekend at the Fidelity SME Hub in Gbagada, Lagos. Themed “Mentorship with Dr. Nneka Onyeali-Ikpe”, the event drew female professionals…

As POS agents handle N223tn, ATM usage drops As POS agents handle N223tn, ATM usage drops. Q1 As POS agents handle N223tn, ATM usage drops Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023. This is according to data from the Central Bank of Nigeria’s quarterly statistical bulletin, which shows a continued migration from Automated Teller Machines to Point of Sale platforms for financial transactions across the country. The total number of POS transactions rose from 9.85 billion in 2023 to 13.08 billion in 2024, indicating a 32.7 per…

FPI inflow, Naira strengthens for CBN intervention Naira notes FPI inflow, Naira strengthens for CBN intervention. The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corporate demand pressures. Analysts also alluded the development to the resilience of the naira to foreign exchange inflows from foreign portfolio investors. Cordros Capital Limited, in an investor’s note, revealed that FPIs brought in dollars to participate in the Open Market Operation auction by the CBN. The CBN conducted an OMO auction…