Author: Ifetayo Adeniyi

Minimum Wage Bill was signed into law by Tinubu President Bola Tinubu The Bill became an Act as Tinubu signed it at 2 p.m. at the Council Chamber of the Presidential Villa. President Bola Tinubu has on Monday, signed the new Minimum Wage Bill into law. The senate and the House of Representatives had speedily passed the Bill into law last week after they received it from the President. This was after the Federal Government and the Organised Labour had agreed on N70,000 as the minimum wage. The Bill became an Act as Tinubu signed it at 2 p.m. at…

August 1 protest: Phone line blockages not in connection — Telcos The Association of Licensed Telecommunication Operators of Nigeria has stated that the recent disconnection of SIM cards by mobile operators is unrelated to the planned national protest. A nationwide protest is set to commence on August 1 to draw attention to the country’s economic challenges and demand improved living conditions. The statement, obtained by The PUNCH on Monday, clarified that the disconnections are part of a scheduled exercise to align National Identification Numbers with SIM registration records, set to conclude on July 31, 2024. Initially planned for April…

Dangote petrol: Marketers await August Roll Out, only NNPC can manage the pricing deal …Other independent and major marketers have ceased importing due to their inability to obtain the US dollars needed for PMS imports. As the anticipation for petrol from the Dangote Refinery builds, independent marketers express scepticism, indicating that only the Nigerian National Petroleum Corporation (NNPC) can manage the pricing deal currently in play. The comments come amid widespread speculation about the potential impact of Dangote Refinery on Nigeria’s petroleum market, especially as Aliko Dangote, President of Dangote Industries Limited, had earlier announced that the refinery was set…

Arsenal’s interest in striker Victor Osimhen comes alive Victor Osimhen – Forbes … While Arsenal were previously deterred by the high price tag, they are now reportedly willing to return to the negotiating table. Arsenal have renewed their interest in signing Nigerian striker Victor Osimhen from Napoli this summer, according to Corriere dello Sport. The Nigeria international has been heavily linked with a move away from Serie A, and Napoli president Aurelio De Laurentiis has been steadfast in his valuation of Osimhen, insisting on the €130 million release clause. While Arsenal were previously deterred by the high price tag, they…

Nigeria’s D’Tigress Defeats Australia With 75-62, Achieving Olympic Breakthrough …victory marks the team’s first Olympic win in 20 years In a thrilling upset, Nigeria’s D’Tigress made history at the 2024 Paris Olympics, defeating third-ranked Australia 75-62 in the women’s basketball event. This monumental victory marks the team’s first Olympic win in 20 years and only their second overall. Team led by Coach Rena Wakama, the determined D’Tigress showed their mettle against a formidable opponent, proving their worth on the global stage. This triumph is a testament to the team’s hard work and dedication, and a source of pride for Nigerian…

Fidelity Bank MD, Nneka Onyeali-Ikpe, With Outstanding Performance, Clocks 60 Born in Anambra state on July 28, 1964, Nneka joined Fidelity Bank as an Executive Director in 2015 and was appointed Managing Director/CEO of the Bank in January 2021. There is tremendous excitement in the air as the first female Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe clocked 60 years on Sunday July 28, given her outstanding performance in the nation’s financial services sector that had earned her respect amongst banks’ top CEOs. Besides leading the bank to close the 2023 financial year with…

Access Bank Emerges Winner of Euromoney Awards for Excellence 2024 “… we are driven by a purpose to not only meet the financial needs of our customers, but also to make a lasting positive impact,” – Access Bank. Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank and Ghana’s Best Bank for ESG. These accolades highlight the Bank’s outstanding performance and commitment to sustainable practices across its operations in Africa. For over two decades, Access Bank has consistently demonstrated its ability to innovate and provide tailored solutions that meet the needs of…

Alex Iwobi releases debut single, joins Nigerian music industry I’ve always loved music, I am not going to lie – Iwobi Former Arsenal midfielder, Alex Iwobi, has released his debut single titled, ‘Don’t Shoot’, produced by the Nigeria International with fellow footballers Chuba Akpom and Medy Elito. The Fulham player said although his main focus would continue to be football, making music gives him the freedom of being someone else. He described music as a certain way of just expressing yourself and letting oneself be. The track’s lyrics, according to Iwobi, was aimed at encouraging young people to pursue their…

Dangote to buy crude from NNPC, payment in Naira – President Tinubu “…Federal Executive Council today adopted a proposal by President Tinubu to sell crude to Dangote Refinery and other upcoming refineries in Naira.” The face-off between NNPC Limited and Dangote Refinery may have come to an end as President Bola Tinubu orders that crude should be sold to the refinery in naira. This was disclosed on Monday by the President’s Special Adviser, Information and Strategy, Bayo Onanuga, on his X handle. Onanuga said the decision was taken at the Federal Executive Council meeting to ensure the stability of the…

Energize Music Enters Strategic Partnership with Orchard to Revolutionize Family and Gospel Music In the vibrant heart of Lagos, Energize Music’s new headquarters is a hive of creativity and innovation. This studio and creative hub represents the label’s commitment to becoming a formidable player in the global music industry. With ventures into TV, film, podcasts, gaming, and social media, Energize Music is more than a record label—it’s a multimedia powerhouse. CEO and founder Tochukwu Macfoy, known as Dr. FOY, encapsulates this vision, stating, “This is the label of the future.” A landmark moment for Energize Music is its strategic alliance…