Author: Ifetayo Adeniyi

Rodri shines as 2024 Ballon d’Or winner Rodri wins 2024 Ballon d’Or Rodri shines as 2024 Ballon d’Or winner. In a sparkling ceremony in Paris, Rodri, Manchester City’s midfield maestro, claimed the 2024 Ballon d’Or, crowning a year marked by both club and international triumphs. His contributions were pivotal, leading Manchester City to the Premier League title and Spain to Euro 2024 victory, cementing his place as one of the finest players in the game. On crutches due to a recent ACL injury, Rodri was assisted onto the stage by Didier Drogba, where he raised the prestigious trophy, visibly moved.…

Transcorp reduces total shares by 75% to maximize shareholders value … to maximize shareholders value. Corporation Plc has announced the successful completion of its share capital reconstruction, reducing its total issued shares by 75 per cent from N40.6bn to N10.2bn. The President of the group, Owen Omogiafo, disclosed this in a statement on Monday. Omogiafo noted that this strategic move is designed to maximize long-term shareholder value while maintaining the total value of shareholders’ investments unchanged. The share reconstruction involved consolidating shares at a ratio of 1 to 4, effectively streamlining the company’s capital structure. “This share reconstruction is in…

Dangote invested more than $280m to support Tinubu’s CNG initiative Dangote Dangote has shown its support to the initiative of federal government on CNG. Dangote Cement Plc said it has made investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure in a demonstration of its support for President Bola Tinubu’s administration’s energy transition plans. The group said this in a statement on Sunday while noting that President Tinubu’s CNG Initiative aimed to provide cheaper and cleaner fuelling alternatives for all Nigerians, The statement noted that President Tinubu, whose commitment to CNG deployment and clean energy is unmatched…

Sterling Bank shows commitment to SME’s growth at 2024 Start to Scale Summit Sterling Bank logo Still ready to give assistance. Sterling Bank, in collaboration with key partners, reaffirmed its commitment to supporting the growth of Small and Medium Enterprises at the 2024 Start to Scale Summit. The annual event, organised by The Business Hub, gathered entrepreneurs, industry experts, and corporate leaders in Lagos for a day focused on advancing Nigeria’s SME sector. Themed “Growing Against All Odds,” the summit provided a platform for aspiring and established business owners to connect, learn, and gain insights on navigating Nigeria’s complex economic…

Finally, Actress Wofai Fada weds partner in registry ceremony Wofai Fada and Taiwo Cole Finally, Actress Wofai Fada weds partner in registry ceremony. Nigerian actress and comedian Wofai Fada has officially married her partner, Taiwo Cole. Wofai announced the news in a post on her Instagram account on Sunday. Sharing photos from their civil ceremony at the Ikoyi Registry, the comedian wrote, “Every love story is beautiful, but ours is my favourite. Legally hitched. @taiwo.cole.7 #TWOforever. #MrsCole. #2 of 3, and forever to go.” This legal wedding follows months of public controversy after videos from their traditional wedding in Calabar,…

FG plans to put up super grid as backup for stable electricity Adebayo Adelabu Nigerian to expect power support soon. Mr Adebayo Adelabu, Minister of Power, says the Federal Government will soon establish super electricity grid as backup to the national grid that is experiencing incessant collapse. Adelabu said this while briefing State House correspondents after a meeting with President Bola Tinubu on Monday at the Presidential Villa, Abuja. According to him, if the national grid has a problem, the super grid will be an alternative route through which power will be transmitted. He added that regional grids would be…

States committed to payment of  FG’s N70,000 minimum wage President Bola Tinubu States committed to payment of  FG’s N70,000 minimum wage enlisted. As President Bola Tinubu signed the new national minimum wage of N70,000 into law on Monday, 29 July 2024, up from the previous N30,000, many states have begun to express readiness to either adopt the new N70,000 wage benchmark or pay above the federal government. According to reports, 21 state governors have confirmed their readiness to pay state workers at least N70,000 monthly. Surprisingly, some states have exceeded the national benchmark by indicating their willingness to pay N80,000…

FG urges state govs to Implement minimum wage now – Akume President Bola Tinubu Federal government shows commitment to the full implementation of the wage increase. The federal government has commended state governors who have begun implementing the new N70,000 minimum wage, urging those yet to do so to take immediate action. This initiative, emphasised as a priority for President Bola Tinubu’s administration, aims to address the rising cost of living across the country. Secretary to the Government of the Federation (SGF) George Akume, during a briefing at the Presidential Villa in Abuja on Monday, reiterated the government’s commitment to…

Tinubu introduces National Lottery Trust Fund’s, strategy for transformation President Bola Tinubu … means to transform Fund. In a bid to bolster the operations of the National Lottery Trust Fund (NLTF), President Bola Tinubu has unveiled a comprehensive four-year strategic plan aimed at transforming the Fund and maximising its impact on various good causes across Nigeria. The event took place at the Aso Villa Banquet Hall on Monday, marking a pivotal milestone in the history of the NLTF. Speaking on behalf of the president, George Akume, the Secretary to the Government of the Federation (SGF), expressed confidence in the strategic…

Polaris Bank remains best digital bank in Nigeria, claiming award for the fourth time Polaris Bank remains best digital bank in Nigeria, claiming award for the fourth time. Polaris Bank, Nigeria’s leading digital retail commercial bank, again at the weekend proved its digital dominance in the Nigerian banking industry, winning the most-coveted award as the best in digital banking and the entire ecosystem for micro, small and medium enterprises (MSMEs). At the Banks and Other Financial Institutions Awards (BAFI Awards), financial industry’s prestigious awards, Polaris Bank’s trailblazing digital banking platform, VULTe was adjudged the best as “Digital Bank of the…