Author: Ifetayo Adeniyi

EU collaborates Plateau on hydropower generation Hydropower plant EU collaborates Plateau on hydropower generation. To tackle the existing energy crisis, the European Union said on Monday that it is exploring the potential for small hydropower generation in partnership with the Plateau State government. This was disclosed by the Head of Green and Digital Economy at the EU Delegation in Nigeria and ECOWAS, Inga Stefanowicz, during the delegation’s visit to the state to assess the Assop falls, which is being speculated to have the potential to generate about 2MWp of electricity according to a statement issued by the Commission in Abuja.…

BUA Foods Reports Outstanding 2024FY Performance, Gain up by 145.3% BUA Foods Plc has announced its unaudited financial results for the fiscal year 2024, posting significant growth across all key performance indicators. Specifically, the company closed 2024 with a profit of N274.95 billion, about 145.3 per cent increase from N112.1 billion reported in 2023, while profit before tax stood at N289.07 billion in 2024, representing an increase of 167 per cent from N108.12 billion reported in 2023. The significant increase in profits further solidified BUA Foods’ position as a dominant player in Nigeria’s food manufacturing sector. The company’s revenue moved…

Wema Bank reveals 80th Anniversary Identity In preparation for its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity for its 80th anniversary celebration. Set for Friday, May 2nd, 2025, this grand anniversary would serve as the hallmark of Wema Bank’s 80-year journey of unmatched resilience, profound impact and notable transformation from being Nigeria’s oldest indigenous bank to becoming Nigeria’s foremost and leading innovative bank. Wema Bank’s impressive 80-year legacy has been one exemplified by immense growth, with the Bank evolving intelligently through the decades, embracing innovation to…

LAWMA Intensifies Enforcement, Waste Clean-up Across Lagos The Lagos Waste Management Authority (LAWMA) has strengthened its enforcement and clean-up operations across the state to curb indiscriminate waste disposal and maintain environmental sustainability. The agency’s Managing Director and Chief Executive Officer, Dr. Muyiwa Gbadegesin, emphasised LAWMA’s unwavering commitment to keeping Lagos clean, noting that the monitoring and enforcement team had been mobilised to ensure compliance with waste management laws of the state. He said, “LAWMA remains resolute in stamping out illegal waste disposal and environmental violations. Our Environmental Monitoring and Enforcement Anti-Cart Pushers Squad has been actively dislodging illegal waste operators…

Refusal of PDP for Anioma makes me dump them— Ned Nwoko Senator Prince Ned Nwoko Refusal of PDP for Anioma makes me dump them— Ned Nwoko The lawmaker representing Delta North in the National Assembly, Senator Ned Nwoko, has disclosed that he left the Peoples Democratic Party because Governor Sheriff Oborevwori and Ifeanyi Okowa did not give him space to function. Governor Sheriff Oborevwori’s aide, Mr. Fred Oghenesivbe, had accused Senator Nwoko of leaving the party over the fear of losing his PDP ticket in 2027. In a swift reaction, Nwoko disclosed on Monday that he had left the party…

Football legend, Didier Drogba visits Sanwo-Olu Sanwo-Olu and Drogba Football legend, Didier Drogba visits Sanwo-Olu The Lagos State Governor, Babajide Sanwo-Olu, welcomed African football icon and former Chelsea FC star Didier Drogba to the Lagos House, Marina, on Monday. The courtesy visit was part of an engagement between Team Drogba and representatives of the E1 Racing Team with the Lagos State Government. This was made known in a statement by the Senior Special Assistant to Sanwo-Olu on New Media, Jubril Gawat on X (formerly Twitter) on Monday. He wrote, “Between Governor #jidesanwoolu and African Football Legend, #ChelseaFC Legend, Didier Drogba…

Tinubu congratulates Tems, Wizkid, Davido, others on Grammy President Bola Tinubu Tinubu congratulates Tems, Wizkid, Davido, others on Grammy President Bola Tinubu has congratulated Nigerian music sensation Temilade Openiyi, popularly known as Tems, on winning the Best African Music Performance award at the 67th annual Grammy Awards held in Los Angeles on Sunday night. In a statement released on Monday, President Tinubu commended the singer for her unique artistry, which has brought pride to Nigeria on the global stage for the second time. The President also celebrated the rise of a new generation of young and multi-talented Nigerian musical artists…

IKENNA UKWA MEETS APC STAKEHOLDERS FROM ABIRIBA RESIDENT IN ABA Chief Hon Ikenna Nicolas Ukwa , the Senior Legislative Aide to The Senate President – Nigeria , yesterday Saturday 1st February 2025 met with APC stakeholders from Abiriba resident in Aba. The familiarization meeting, held at Panyu Hotel and Suites in Aba, aimed to strategize on strengthening the party and unifying its members for future election victories. Chief Ikenna Nicolas Ukwa while speaking emphasized the need to build connections and address key concerns within the party that will help it to move forward. He also expressed his willingness to offer…

NELFUND pays school fees for 192,906 students at N20bn Akintunde Sawyerr NELFUND pays school fees for 192,906 students at N20bn NELFUND pays school fees for 192,906 students at N20bn. The Nigerian Education Loan Fund has disbursed over N20 billion in institutional fees to tertiary institutions nationwide, benefiting 192,906 students, the Fund announced on Monday. In a statement released by its management in Abuja, NELFUND addressed widespread misconceptions about the total amount disbursed, clarifying that reports of N104 billion were inaccurate. “As of February 3, 2025, NELFUND has received a total of 364,042 student loan applications. So far, the Fund has…

SoftBank partners OpenAI on AI solutions for businesses SoftBank group Chairman and CEO Masayoshi Son　(L) and　OpenAI CEO Sam Altman attend a talk session in Tokyo on February 3, 2025 Japan’s SoftBank Group will form a joint venture with United States tech giant OpenAI to offer advanced Artificial Intelligence to businesses, the two companies announced on Monday. “A Memorandum of Understanding has just been formally signed between Softbank and OpenAI to establish a 50-50 joint venture,” SoftBank chief executive Masayoshi Son said as he outlined the services of a new AI product called Cristal. A joint statement by the firms said…