Author: Ifetayo Adeniyi

Telecommunication:Airtel mobile money announces going public in 2025 Airtel Africa has announced plans to take its mobile money arm public in 2025 and expand its services to other countries in Africa, beyond the fourteen countries where it currently operates. “We will list next year. We will continue to bring additional countries into the envelope. We are still a year from that IPO,” said Olusegun Ogunsanya, chief executive officer of Airtel. He, however, did not speak on the prospective stock exchange for the listing. Airtel Money, Airtel Africa’s fastest-growing arm, has a potential valuation of about $4 billion. This IPO move…

Ambassador of the Republic of Turkey pay courtesy visit to the First Lady of Nigeria in her office at the State House Abuja L-R Ambassador of Republic of Turkey to Nigeria Hidayet Bayraktar, First Lady of the Federal Republic of Nigeria Senator Oluremi Tinubu and the Deputy Head of Mission Mr Imdat Karakoc after their courtesy visit to the First Lady at the State House Abuja on Thursday 9th May, 2024. This was contained in a statement signed by Busola Kukoyi, Senior Special Adviser on Media to the First Lady of the Federal Republic of Nigeria, on Thursday 9th…

Owotuga Foundation donates 300-seater Lecture Theatre, Aiyedatiwa expresses satisfaction The Ondo State Governor, Lucky Aiyedatiwa, has hailed the Late Matthew Omodayo Owotuga Foundation on its recent donation of 300-seater lecture theatre at Olusegun Agagu University of Science and Technology (OAUSTECH) in Okitipupa, Ondo State. The donation, which is intended to immortalise late Matthew Omodayo Owotuga, stemmed from a deep-seated commitment to honoring his legacy of love for education and philanthropy. Governor Lucky Aiyedatiwa, who was represented by his Special Adviser on Education, Olawunmi Ilawole, expressed gratitude to the Owotuga family for their generous donation. Speaking on behalf of the family,…

Oil & Gas: FG paid Lagos N3.9bn as derivation for being oil producing state – LASG From left: Permanent Secretary Ministry of Energy and Mineral Resources, Engr(Mrs ) Sholabomi Shashore; Special Adviser to Governor on Mineral Resources, Engr. Abiola Olowu; Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye and Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during the Ministerial Press Briefing by the Ministry of Energy and Mineral Resources. Commemorate of First Year of Second Term in Office of Mr. Babajide Sanwo-Olu Governor of Lagos State, at Press Center, Alausa, Ikeja, Lagos.  The Lagos State Government says N3.911…

Processing fees: CBN extends suspension on cash deposits to Sept. 30 CBN Governor Olayemi Cardoso The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on deposits within some thresholds. This is according to a statement by Adetona Adedeji, acting Director, Banking Supervision Department on Wednesday in Abuja. Adedeji said the suspension of two per cent and three per cent previously charged on cash deposits above N500,000 for individuals and N3 million for corporates has now extended to Sept. 30. “Consequently, all financial institutions regulated by the CBN should continue to accept all cash deposits from…

Japan govt to confer national honour on Nigerian Prof. Ogbonna Prof . Chukwuma Ogbonna The Japanese government has identified a Nigerian, Prof . Chukwuma Ogbonna, as the recipient of a national honour. The award will be bestowed on Ogbonna at the forthcoming 2024 Spring Conferment of Decorations on foreign nationals. This is contained in a statement by Embassy of Japan on Wednesday in Abuja. The News Agency of Nigeria (NAN) reports that Ogbonna, a professor of microbiology, and a former Deputy Vice Chancellor at the University of Nigeria, Nsukka, is one of the recipients to receive the Order of the…

The Primacy of Truth (Part 2) He is wicked. He does not forgive. He lacks empathy; and a few more phrases that would not be appropriate in print are often deployed as cryptic language to express their frustration with Governor Godwin Obaseki who has refused to fleece the masses to fete the politically privileged. They prefer a free rein, a culture of impunity where there are absolutely no consequences for bad behavior because that culture serves the interest of a few with political access and relationship with power. But Rigoberta Menchú, the Guatemalan Indian human rights activist and 1992 Nobel…

Rotimi Wemi- Akinsola Bags Another Appointment; Becomes SSA On Agric And Forestry-Aiyedatiwa Governor Lucky Aiyedatiwa has added another responsibility to the office of the chairman of Ondo state on Agriculture and Food Security, Mr Rotimi Wemi- Akinsola. He has also doubles as the Senior Special Assistant to the Governor on Agriculture and Forestry. Recall that Governor Aiyedatiwa appointed Wemi-Akinsola to oversee agriculture and food security recently in order to close the gap between the farmers , community leaders and the government. Part of his term of reference also entails that he procure foodstuffs and sell to the people in order…

Discover Five quick facts about ‘The New Masquerade’ actress Madam Ovularia Madam Ovularia, the iconic ‘New Masquerade’ dies at 81. Veteran Nigerian actress Elizabeth Evoeme, famously known as Ovularia from the popular 80s TV show ‘The New Masquerade’, has died at 81, leaving behind a legacy that shaped the Nigerian TV industry. Here are five things to note about the iconic actress: Her Background: Born on December 1, 1942, in Calabar, Cross River State to a sea worker father. Elizabeth Evoeme gained nationwide recognition for her portrayal of Ovularia, the devoted wife of Chief Zebrudaya Okoroigwe Nwogbo, played by Chika…

Nollywood: Two biopics on the Nigerian Nobel laureate, Wole Soyinka, will hit cinemas soon As the taste of the Nollywood audience expands, helped by the rise of streaming platforms distributing this content to the world, creators in the space have begun to explore more niche but important stories. This year, two biopics on the Nigerian Nobel laureate, Wole Soyinka, will hit cinemas – The Man Died based on the author’s book of the same title in which Wale Ojo plays him, and Wole Soyinka, directed by Joshua Ojo with Adedimeji Lateef as Soyinka Bolanle Austen-Peters’s biopic Funmilayo Ransome-Kuti, based on…