Author: Ifetayo Adeniyi

Leadership: Rwanda to host ‘100 most notable African leadership’ summit • Rwanda to host ‘100 most notable African leadership’ summit The 100 Most Notable African Leadership and Business Summit 2024, organized by 100 Most Notable Peace Icons Africa and Davdan Peace and Advocacy Foundation. The summit will cover sustainable development, digital transformation, investment opportunities, and policy frameworks. Amb Dr. Kingsley Amafibe emphasises that the event aims to celebrate Africa’s achievements and foster new opportunities. The 100 Most Notable African Leadership and Business Summit 2024, organized by 100 Most Notable Peace Icons Africa and Davdan Peace and Advocacy Foundation, will take…

Collaboration as BUA Foods, ASR Africa donate N10m, foodstuffs to widows to mark the 2024 International Widows’ Day BUA Foods in collaboration with Abdul Samad Rabiu Initiative for Africa has donated some of its products and N10m as a grant to widows in Lagos to mark the 2024 International Widows’ Day. The N10m grant and products were distributed at the International Women Society’s Widows Feast and Empowerment programme in Lagos. In a statement from the company on Tuesday, ASR Africa, supported by BUA Foods, donated foodstuffs comprising IRS Pasta, IRS semolina, and BUA Rice and N10m to bring relief to…

Sports: Football legend, Ruud Gullit reacts after Dutch fans did ‘blackface’ in an attempt to dress up as him at 2024 Euro Football legend, Ruud Gullit reacts after Dutch fans did  Football legend, Ruud Gullit has reacted after a group of Dutch fans dressed up as him during the Netherlands’ 2-1 win over Poland. The group of fans faced severe backlash for the ‘blackface’ as they tried to imitate Gullit in the stands for their country’s opening Euro 2024 fixture. Football legend, Ruud Gullit reacts after Dutch fans did  They had painted their faces black, wore dreadlocks similar to his…

Most awarded African artist in 2024, Rema wins big at 2024 ASCAP London Music Awards ‘Calm Down’, a global hit by Nigerian music sensation, Divine Ikubor, popularly known as Rema has won some trophies at the 2024 ASCAP London Music Awards. While the Afrobeats powerhouse was dazzling at the Louis Vuitton’s Men’s Spring-Summer Show during Fashion Week in Paris on Tuesday, ‘Calm Down’ snagged the coveted Song of the Year and Top Streaming Song awards. The song’s co-writers and co-producers, Michael Hunter popularly known as London, and Andre Vibez were also credited as winners. The wins bring Rema’s American Society…

Nigeria’s 6th largest bank, Fidelity Bank Plc will open its public offer and Rights Issue, Thursday June 20 According to an article on the Businessday website and authored by Iheanyi Nwachukwu, the bank is raising a total of up to N127.100billion by way of a Rights Issue to existing shareholders and a Public Offer (the Combined Offer). Under the Rights Issue, 3.2 billion ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares held as of January 5, 2024, at N9.25 per share. For the Public Offer, 10…

FG to send its first civilian to Space – Adepoju The Federal Government of Nigeria has announced plans to send its first citizen into space. The Director General of the National Space Research and Development Agency (NASRDA), Mathew Adepoju, disclosed this during a press conference held in Abuja on Wednesday, June 19. Adepoju revealed that Nigeria has entered into a Memorandum of Understanding (MoU) with the Space Exploration and Research Agency (SERA) to facilitate this ambitious project. He emphasised that this collaboration signifies a major milestone in Nigeria’s 25th anniversary of space exploration, positioning the nation among countries actively engaged…

The justification for Anioma State and inclusion of Onicha-Ado The lawmaker representing Delta North Senatorial District, Senator Ned Nwoko is presenting a bill for the creation of Anioma state. This this is to correct historical oversight and to balance representation in the Southeast and geopolitical distribution of states in Nigeria. This I believe is not just urgent but compelling and long overdue. Senator Ned pointed out the obvious thus; ‘the South East geopolitical zone currently has five states, unlike its counterparts, except for the North West, which has seven states. This disparity results in an imbalance of representation and resources,…

Opportunities in Africa as Microsoft identifies potentials  for global workforce of the future A whitepaper produced by Microsoft and a collective of industry experts from across the continent has disclosed that Africa has a unique opportunity to influence what the future of work looks like in these early days as large language learning models (LLMs) are evolving, and even as the environment for applications is still new. According to the AI and the Future of Work in Africa report, nearly one billion people in Africa are currently under the age of 35 with the continent projected to be home to…

As New CKD Plant Opens In Lagos, Dangote Sinotruk Targets 60% Local Content The President of the Dangote Group, Alhaji Aliko Dangote, has reaffirmed the readiness of one of his companies, Dangote Sinotruk West Africa Ltd (DSWAL), to further raise the level of local content in its vehicles to up to 60 per cent when Ajaokuta Steel Company comes on stream. Alhaji Dangote spoke during the recent commissioning of DSWAL’s completely knocked down (CKD) plant in Lagos. Welcoming the Senate President, Godswill Akpabio, Gov. Babajide Sanwo-Olu of Lagos, the Deputy Senate President, Jibril Barao, Senators and other guests to the…

As NERC accepts 450MW deal to avert Zungeru plant shutdown The Nigerian Electricity Regulatory Commission has approved a deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. The directive, said to have been issued further to the Commission’s Order No. NERC/2024/044 on the “Transmission System Dispatch Operation, Cross- Border Supply and Related Matters” and in the overriding public interest of ensuring continuous improvement in the supply of electricity to Nigerians, was to ensure grid stability and to prevent shutdown of the newly completed Zungeru hydropower plant pending when it gets off-takers. The NERC,…