Author: Ifetayo Adeniyi

Tech startups: DBN Summit 2024 supports, awards N20 million in total as seed money … summit was to bridge the gap between capital seekers and investors, thereby catalysing funding opportunities and fostering regenerative growth. The Development Bank of Nigeria (DBN) has further bolstered the growth of Micro, Small and Medium Enterprises (MSMEs) within the Nigeria’s innovation ecosystem. The growth is made possible by facilitating direct interface between investors-ready tech innovators and potential investors, thereby offering qualified techpreneurs opportunity to secure financing deals during the just-concluded annual flagship tech event, 2024 DBN Techpreneur Summit 3.0, held on Thursday, July 10, 2024,…

Important Things To Know About The Merger Of Providus-Unity Bank …“strengthen the stability of Nigeria’s financial system and avoid potential systemic risks”. The Central Bank of Nigeria recently approved the merger of Unity Bank and Providus Bank but with the condition of N700 billion loan from the CBN to aid the new banking entity. According to the circular by the CBN, the financial support would be necessary to “strengthen the stability of Nigeria’s financial system and avoid potential systemic risks”. The coming together of Providus and Unity appears to be the most unlikely marriage. Still, multiple sources interviewed by BusinessDay provided inside details into…

Borno Government Receives WHO Donations Of Medical And Nutrition Commodities “These essential commodities include life-saving medicines, nutritional supplements, and medical supplies for treating and preventing malnutrition and common childhood illnesses,” Dr Fortin said. To combat malnutrition, Malaria and other health challenges, the World Health Organisation (WHO), on Tuesday, donated Medical and Nutrition Commodities to the Borno State Government. The aim of the donation, according to WHO Country Representative, Dr Walter Kazadi Mulombo, is to reduce child mortality rates, combat malnutrition, and ensure children grow and thrive in a healthy environment. Mulombo who was represented by Dr Ann Fortin, the WHE…

Here’s Burna Boy as he launches football academy According to the academy’s official website, the initiative caters to young football enthusiasts in two age brackets: junior boys aged 4–15 and senior boys aged 16–21. Fans and friends have continued to celebrate Afrobeat star, Burna Boy as he launched his football academy in Lagos State. The Burna Boy Football Academy is reported to operate three days a week, with two-hour training sessions. In a now-trending video on social media, young players are seen training under the guidance of a coach. According to the academy’s official website, the initiative caters to young…

Nestle Golden Morn Inaugurates New Sustainable Packaging And Attractive Look Left to right: Omofasa Orhiunu, Category Manager Dairy; Shakiru Lawal, Country HR Manager; Victoria Uwadoka, Corporate Communications Public Affairs and Sustainability Lead and Boladale Odunlami, Commercial Manager, all of Nestle Nigeria Plc. During the Nestle’s Golden Morn New Package Launch in Lagos. Nestlé Nigeria’s iconic breakfast cereal, Golden Morn, proudly announces the launch of its new sustainable packaging, underscoring the brand’s dedication to providing nutritious food while championing environmental responsibility. This significant update reflects Golden Morn’s over three-decade legacy of nourishing Nigerian families and its forward-thinking approach to sustainability. Aligned…

To Promote Heart Health Among Business Owners, Hydrogen Launches ‘Healthy Heart, Healthy Business’ Initiative Hydrogen Payment Services Company Limited (Hydrogen), a leading payment services company, is excited to announce the commencement of its “Healthy Heart, Healthy Business” initiative, beginning on 30th July 2024. This significant initiative highlights Hydrogen’s commitment to promoting heart health awareness among business owners and professionals, focusing on the importance of managing high blood pressure (BP) and overall heart wellness. The initiative kicked off at the Hydrogen Head Office, Plot 1618 Danmole Street, Victoria Island, Lagos, where business owners and professionals were invited to participate in free…

Sponsorship:  Nigerian football signs N1.2bn deal with Premium Trust Bank Premium Trust Bank will pay Nigeria’s football-ruling body N300 million annually with a built-in clause for a 10% increase yearly. The Nigeria Football Federation (NFF) has secured a major sponsorship agreement with Premium Trust Bank, valued at N1.2 billion to boost football development in Nigeria. NFF President Ibrahim Musa Gusau revealed during a signing ceremony held in Abuja noting that the agreement will be four years during which Premium Trust Bank will pay Nigeria’s football-ruling body N300 million annually with a built-in clause for a 10% increase yearly. The partnership…

Here’s 7 quick facts about late popular gospel singer Aduke Gold The gospel music industry mourns the heart wrenching death of Aduke Gold, a promising and passionate gospel singer. Aduke Gold, whose real name was Aduke Ajayi, was celebrated for her soulful music and inspiring life story. This loss follows the recent death of another gospel artiste, Egbin Orun. Here are seven key facts about Aduke Gold: Musical Rise Despite the competitive gospel music industry, Aduke Gold made a name for herself with her uplifting songs. Her breakthrough single, “Nitori Ogo” (translated as “Because of Glory”), garnered huge fanbase. Early…

Barack Obama’s 2024 summer playlist: Nigerian singers Tems, Rema make the number Ex-president Barack Obama Former United States President Barack Obama has released his annual summer playlist, featuring 44 songs from various genres. This year, Nigerian artists Tems and Rema are the only Nigerians who made the list. Obama shared the playlist on X.com on Monday, saying, “With summer winding down, I wanted to share some songs that I’ve been listening to lately – and it wouldn’t be my playlist if it didn’t include an eclectic mix. I hope you find something new to listen to!” Tems and Rema’s inclusion…

Quadruplet family: Femi Otedola foundation shows up with donation of N5m The Femi Otedola Foundation has donated N5m to the family of Sodiq Olayode who recently welcomed quadruplets. This donation comes after an outpouring of support from Nigerians, who have raised over N19m for the family through online donations. The Olayode family’s story gained attention on social media after a colleague Oyeniran James, shared the family’s struggles on X.com in July. Tweeting as #jamysax, James revealed how Olayode lamented that the quadruplets used 105 diapers in six days. This sparked a wave of generosity, with Nigerians donating millions to support…