Author: Ifetayo Adeniyi

First flyover in Ile-Ife flagged-off at N14.9b The Osun State Governor, Ademola Adeleke, on Tuesday, performed the official flag-off for the construction of the first flyover in Ile-Ife, cited at Lagere Junction as being executed at a cost of N14.9 billion. The governor at the event, attended by the Ooni of Ife, Oba Adeyeye Ogunwusi, and top officials of his administration, said the project awarded to Messrs. Sammya Nigeria Limited would be completed within 12 months. Speaking further at the event, Adeleke disclosed that rehabilitation work has commenced on 55.86km of local government roads across Ife land at the cost…

Fostering collaboration, Stanbic IBTC Breakfast Session highlights investment potential in Nigeria’s energy sector Stanbic IBTC Bank, a leading financial institution in Nigeria, recently hosted its pivotal Energy and Infrastructure Breakfast Session in Lagos. This event marked a significant milestone in the country’s dialogue on sustainable energy, drawing together a distinguished assembly of industry leaders, policymakers and experts. Dr. Demola Sogunle, Chief Executive of Stanbic IBTC Holdings, delivered a keynote address, offering insights into the organisation’s overarching vision and mission. He emphasised that the bank is committed to unlocking Nigeria’s vast energy potential through targeted financing interventions; fostering stakeholder collaboration and…

CBN Releases The 16 Items Exempted From 0.5% Cybersecurity Levy The Central Bank of Nigeria (CBN) has exempted 16 items from the 0.5 per cent Cybersecurity levy on all electronic transactions. CBN directed banks to begin charging 0.5% cybersecurity levy on transactionsas part of efforts to contain the rising cybercrime threats in the financial system. Economic Confidential reports that the deducted funds will be remitted to the National Cybersecurity Fund (NCF), which shall be administered by the Office of the National Security Adviser (ONSA). A circular released by the apex bank on Monday directed all commercial, merchant, non-interest and payment…

Aliko Dangote Foundation, WEF Announce 2024 Class of Dangote Fellows Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows. ADF and WEF, in a release, said, “With great excitement and anticipation, ADF and WEF announce this year’s cohort, a group of visionary leaders poised to make impactful contributions to global development, innovation, and leadership. The WEF YGL Dangote Fellowship, a partnership between the Aliko Dangote Foundation…

Technology Advancement As Both Finland And Nigeria Collaborate To Unlock Unexplore Opportunities With Innovation In a move to bolster collaboration in innovation and digital technology, Finland and Nigeria have embarked on a promising journey towards forging strategic partnerships. The recent visit of HE Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, to Helsinki signifies a significant milestone in this joint endeavor. Ambassador Leena Pylvanaine, representing Finland in Nigeria, expressed her enthusiasm in hosting Dr. Tijani, recognizing the shared interests and vast potential for cooperation between the two countries. She emphasized Nigeria’s reputation as the innovation hub…

Napoli’s Osimhen shows respect to fellow Nigerian players with non extravagant goal celebration Finding the net supposed to have been a thing of laud celebration as Osimhen scored his much needed goal in this competition. Nigeria international, Victor Osimhen, made waves once again, not for his usual feats or transfer speculations, but for a gesture that spoke volumes about sportsmanship. In a clash between Napoli and Udinese at the Bluenergy Stadium, Osimhen’s performance stood out. The match showcased a trio of Super Eagles stars: Udinese boasted the likes of Maduka Okoye and Isaac Success, while Osimhen spearheaded Napoli’s attack. Despite…

Oladunjoye Emerges Opomulero Akoroyin Oodua Publisher of Tunes News Magazine and Senior Consultant on Media to Ogun State Governor, Tunde Oladunjoye, has been named as Opomulero Akoroyin (Pillar of Journalism), by a thriving Yoruba news medium, Boseri. In a letter dated May 3, 2024, and jointly signed by Johnson Akinpelu and Segun Ayinde, Publisher and Secretary respectively, Oladunjoye was informed that “After thorough appraisal of your personality and sample of public opinion on your person, we are glad to inform you that we have honoured you as OPOMULERO AKOROYIN. The letter reads in part: “BOSERI Newspapers is a media outfit…

Multiple solutions expected as Enlumi launches new product in business management platform Lumi Business to help businesses streamline key operations Enlumi, headquartered in Lagos has announced the launch of its B2B product—Lumi Business. The platform offers a comprehensive array of solutions, including but not limited to Point of Sale, Inventory Management, Accounting, Expense Management, Loyalty Management and analytics. As a retail business in Nigeria it’s long been believed that having a modern payment collection device is enough to run the business and the rest is left to chance, instinct, or clunky, outdated softwares and tools. However, to thrive in the…

Africa ranks second-highest on Global Payments Innovation Jury 2024 Africa has been ranked as the region with the second-highest innovation in payments, according to the Global Payments Innovation Jury 2024 by Interswitch Group. The Middle East was ranked alongside Africa because it has invested heavily in payment technologies. “Africa remains somewhat of an enigma, retaining its second-place ranking from previous studies despite challenging economics in many markets and a relative lack of investment funding for companies needing to scale. “The ranking is a tribute to the resourcefulness of the continent’s entrepreneurs operating in innovating in often difficult conditions,” Interswitch Group…

Sport as Osimhen set to pocket N188m bonus in Napoli’s clash against Udinese Napoli striker, Victor Osimhen, stands to pocket €125,000 (approximately N188 million) bonus if he scores in Napoli’s clash against Udinese on Monday night. Despite a season marred by injuries and his participation in the 2023 Africa Cup of Nations in Ivory Coast, the 25-year-old Super Eagles forward has exhibited remarkable prowess, tallying an impressive 14 goals in 22 Serie A appearances for the reigning champions. With 14 goals and three assists to his name, Osimhen boasts an enviable record, averaging a goal contribution every two hours…