Author: Ifetayo Adeniyi

Lagos commended for groundbreaking developments – Mr. Ndiama Diop Sanwo-Olu “…for the successful efforts and vision in transforming the transportation landscape of Lagos, which has become a model for a modern city.” Lagos State Governor Babajide Sanwo-Olu has received praises from the World Bank for the significant transformation witnessed in the state over the past five years. The global financial institution lauded the state’s progress in enhancing the quality of life for residents and its commitment to upgrading infrastructure to boost socio-economic development. The commendation was delivered by the World Bank’s Country Director for Nigeria, Mr. Ndiama Diop, during a…

Promise Land Festival: Asake, Rema, Omah Lay to headline in Australia Rema, Omah Lay, Asake At Promise Land Festival, Asake, Rema, Omah Lay to headline in Australia The Nigerian music stars, Rema, Asake and Omah Lay will be headlining the 2024 Promise Land festival in Australia. They will join other international singers to thrill the audience at the Promise Land Festival set for October 4, 5 and 6 2024, at Gold Coast. Rema is billed to perform at the international festival on October 5th alongside American singers, Jorja Smith, Fiji and Miguel. While Omah Lay and Asake will perform on…

To recognize prominent Nigerians, Tinubu approves  2024 national honours award President Bola Tinubu Tinubu approves  2024 national honours award President Bola Tinubu has approved the commencement of the 2024 National Honours Award to recognize Nigerians and friends of the country who have made significant contributions to national development. The Minister of Special Duties and Intergovernmental Affairs, Zaphaniah Jisalo, made this known on Tuesday at a meeting with senior staff of the ministry in Abuja. The minister explained that the 2024 National Honours will also acknowledge Nigerians who have excelled in various fields of endeavours. He emphasised that the nomination and…

Edun said financial sector has grown by 30% in H1 of 2024 Olawale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said that the financial sector grew by over 30 per cent in the first half of 2024. The Minister represented by the Managing Director of Ministry of Finance Incorporated, Dr. Armstrong Takang, at the 17th Annual Banking and Finance Conference held in Abuja on Tuesday, noted that the growth indicated a strong recovery from the contractions observed in 2021, further contributing to Nigeria’s economic stability. “The financial sector continues to demonstrate resilience, rebounding…

Nigeria, China partner on Brass Methanol Project, costing $3.3bn Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo The $3.3 bn Brass Methanol Project is expected to play a crucial role in Nigeria’s industrialisation drive, marking another significant partnership between Nigeria and China in the development of key infrastructure. Nigeria’s Brass Methanol Project is set for liftoff as key agreements are finalised with Chinese investors, boosting the country’s petrochemical industry. This was revealed in a statement issued by the Spokesman for the Minister of State Petroleum Resources (Gas), Louis Ibah, on Tuesday. According to the statement, Brass Fertilizer Petrochemical Company…

Fidelity Bank Plc Donates Maternity Kits to Pregnant Women in Yaba Fidelity Bank Plc, a leading financial institution, has donated maternity kits to pregnant women in Aiyetoro, Yaba Local Council Development Area (LCDA) of Lagos State. This donation is part of the bank’s Corporate Social Responsibility (CSR) efforts under the Fidelity Helping Hands Program (FHHP). The initiative, spearheaded by the Crestcore Inductees Class, underscores the bank’s dedication to supporting local communities. Through FHHP, Fidelity Bank Plc’s staff identify impactful projects in their communities and raise funds to support them. The bank’s management matches these contributions, amplifying their reach and impact.…

US, Nigeria host over 200 stakeholders on “Global Inclusivity and AI in Africa” in Lagos US, Nigeria host over 200 stakeholders on “Global Inclusivity and AI in Africa” in Lagos The U.S. Department of State and Nigerian Federal Ministry of Communications, Innovation and Digital Economy will be engaging participants on the opportunities and challenges in the responsible development, deployment and use of artificial intelligence (AI) in Africa. This comes as the two countries are going to convene more than 200 stakeholders, including senior officials from the United States and Africa, private sector executives, civil society members, and academia for a…

Super Eagles, Rwanda had goalless match – 2025 AFCON Qualifier Super Eagles of Nigeria Super Eagles, Rwanda had goalless match on Tuesday 10th 2024 for AFCON 2025 qualifier. The Super Eagles of Nigeria could not score against Rwanda as they were held to a goalless draw in their second match of the 2025 Africa Cup of Nations (AFCON) qualifying campaign at the Amahoro National Stadium in Kigali on Tuesday. Though having dominance, Nigeria was unable to break down Rwanda’s solid defense, with the home side’s goalkeeper making crucial saves to keep the game level. From an astounding 3-0 victory over…

Sterling Bank Migrates To Africa’s First Indigenous Core Banking System Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by Peerless, marks the completion of a new banking system announced to customers in August 2024. This strategic move positions Nigeria as a leader in digital banking, driven by local talent and cutting-edge technology. Leveraging advanced data analytics and artificial intelligence, the system promises to enhance customer experience and operational efficiency, providing smarter, faster financial services. Speaking on the achievement, Abubakar…

In order to curtail mobile phone theft, NCC introduces NCC-DMS … initiative is expected to drastically reduce the incentive for phone theft, as stolen devices will become essentially useless. In a significant move to combat the rising cases of mobile phone theft across Nigeria, the Nigerian Communications Commission (NCC) has unveiled the Device Management System (NCC-DMS), a comprehensive Central Equipment Identity Register (CEIR) aimed at curbing the menace. The device, which is part of the NCC’s broader efforts to enhance digital security and protect consumers, will help track and disable stolen mobile phones, making them unusable to criminals. The Commission…