Author: Ifetayo Adeniyi

Growth in foreign investment in Nigeria as inflows triples to $3.38b in Q1 On the flip side, capital importation into Nigeria recorded 198 percent year-on-year growth from $1.13 billion in the first quarter of 2023. Foreign investment inflows to Nigeria grew to $3.38 billion in the first quarter of 2024, a 210.16 percent increase from $1.09 billion in the fourth quarter of 2023, according to the latest capital importation report on the National Bureau of Statistics (NBS). On the flip side, capital importation into Nigeria recorded 198 percent year-on-year growth from $1.13 billion in the first quarter of 2023.…

Meta begins in-stream ads as monetisation move thickens in Nigeria Meta has begun in-stream advertisements for creators on its platforms in Nigeria. In-stream ads allow creators to run advertisements in their new or existing videos, including live content. Meta automatically identifies natural breaks in videos to place ads or will enable creators to choose their placements. According to the tech giant’s website, earnings depend on advertisers and the number of video views. In-stream and live ads include pre-roll ads, which play before the video; mid-roll ads, which break into the video; and image ads, which are static ads that appear…

Sujimoto’s $225 Million iconic Leonardo Project Set to Break 45 Year Old Record and reward investors with high ROI In 1979, Nigeria recorded a monumental history when the iconic NECOM tower, the country’s majornational asset, which has stood for the past 45 years, was ordained as the tallest building in West Africa ata stage where Cocoa House ceased to remain the final height of architectural progress.The 106-metre imposing skyscraper at the epicentre of Ikoyi, housing the headquarters of the famed NITELbuilding, which is today looming in scarcity of electricity and unavailability of sustainability, is set to pavethe way, handing over…

Joshua Ojo: “How I had accident while filming Wole Soyinka’s biopic” Hospitalized and facing the threat of amputation, Ojo underwent multiple surgeries and endured a lengthy recovery process, during which communication with the cast and crew proved challenging. Joshua Ojo, the producer of Wole Soyinka’s biopic, has shared his remarkable journey creating the film, which faced numerous challenges. In an interview with Legit.ng, Ojo recounted the extensive efforts and setbacks involved. The production spanned over a year, largely due to the meticulous process of recreating historical settings based on photos and footage provided by Wole Soyinka himself. However, their…

Things to know about Aisha Maikudi, 41-year-old UNIABUJA’s acting VC The Senate of the University of Abuja has appointed Aisha Maikudi, the institution’s youngest Professor of Law, as the acting Vice Chancellor. Maikudi, a Professor of International Law, currently serves as the Deputy Vice Chancellor for Academics. Here are ten things to know about UNIABUJA’s acting VC, Aisha Maikudi: She currently holds the position of Deputy Vice Chancellor for Academics. Maikudi has been appointed as the acting Vice Chancellor, effective after the current Vice Chancellor’s tenure ends on June 30, 2024. She earned her Bachelor’s Degree in LLB from the…

Burna Boy sells out London stadium for second time Burna Boy Grammy award-winning Nigerian singer, Damini Ogulu, popularly known as Burna Boy, has sold out the 80,000-capacity stadium in London for the second time. With this feat on Saturday night, Burna Boy becomes the first African artiste to solo-headline a UK stadium twice. This historic milestone underscores his status as one of Africa’s most prominent global music icons. Nigerians have celebrated Burna Boy’s achievement with awe and pride, highlighting his international recognition and performance prowess. The self-acclaimed African Giant gave an electrifying performance during his ‘I Told Them’ world tour.…

Solemnization: Tunde Bakare’s Son Weds Deola Sagoe’s Daughter In a dazzling ceremony that blended elegance with cultural heritage, Teni Sagoe, the creative force behind Clan Fashion Label and daughter of renowned designer, Deola Sagoe, tied the knot in a very intimate ceremony to Seyi Bakare, the second son of Pastor Tunde Bakare penultimate week. The union not only marked the coming together of two influential families but also symbolized the merging of creative and spiritual legacies, resonating deeply within Nigeria’s social and cultural spheres. The wedding, a very private affair, was a grand one nonetheless, attended by notable figures from…

Important Steps To Secure Your PalmPay Account In today’s digital age, securing your financial transactions and personal information is more important than ever. According to the 2023 NIBSS Annual Fraud Landscape report, incidents of “Fraud loss via Internet Banking increased by 325% between 2022 and 2023, with Mobile, Web and POS being the most exploited channels by fraudsters in the country.” At PalmPay, we prioritise the security of our users’ accounts, ensuring that your financial activities are safe and secure. But we also require you to be informed on the right steps and actions to take to secure your account.…

PEBEC: Marine & Blue Economy Ministry is best in ease-of-doing-business Shettima noted that PEBEC is an “enabler for the MDAs in government. Our role requires a unified and collaborative effort across the council and MDAs, and we cannot afford to look away. The Ministry of Marine and Blue Economy, with the agencies under it, was on Friday described as the overall best performing ministry in the Ease-of-Doing-Business ranking. This was revealed at the town hall meeting conveyed by the Special Adviser to the President on Presidential Enabling Business Environment Council (PEBEC) and Investment, Dr Jumoke Oduwole. According to her, the…

In Akwa-Ibom, Tinubu’s housing initiative to create 6,500 jobs “The value chain effect of construction work on this site is significant and creates a positive economic impact,” Dangiwa said. The Federal Government disclosed on Friday that its 250-Housing Unit Renewed Hope Estate in Akwa Ibom State would create jobs for over 6,500 people in different trades across the state. Minister of Housing and Urban Development, Ahmed Dangiwa, stated this in Uyo during the ground-breaking ceremony of the 250 housing units in Ukpenekim, Uruan Local Government Area of the state. The mnister said that the value chain effect of construction work…