Author: Ifetayo Adeniyi

Economy: With Dangote Refinery, Diesel Prices Will Fall Below N1,000 The Managing Director of Financial Derivatives Company Limited, Bismark Rewane, says with the commencement of diesel production at the Dangote Refinery, the price of diesel per litre will fall below N1,000 from the current price of N1,500. Rewane was a guest on Channels Television’s News At 10 during the week where he reviewed the recent hike in interest rates by the Central Bank of Nigeria (CBN). Excerpts: Last month, the interest was raised to 22.75% but now the latest is 24.75%. Are we tightening or choking the economy? That’s the…

Partnership: Hilton Windhoek boosts international partners of AYTIS 2024 …surfacing of speaker Conveners of Africa Youth in Tourism Innovation are thrilled to announce that Hilton, Windhoek, an international iconic hospitality brand, has become a strategic partner for 2024 Africa Youth In Tourism Innovation Summit. Hosted by Africa Tourism Partners and The Ministry of Environment, Forestry and Tourism Namibia, in collaboration with UN Tourism, AfCFTA, Namibia Tourism Board, NIPDB, NEPAD and BDO, the 2024 Africa Youth in Tourism Innovation Summit is scheduled to take place from May 28 to 31, 2024 in Windhoek, Namibia. Partnering with global brands is evidence that…

Finance: Mastercard, Zenith Bank introduce new payment cards to accelerate financial inclusion Mastercard in collaboration with Zenith Bank has announced the launch of two payment cards to help accelerate the country’s financial inclusion, catering to the unique needs of multiple market segments in Nigeria. Called the Mastercard Naija Card and the World Elite Credit Card, designed to address the diverse financial needs of Nigerians. The Naija Card is part of Mastercard’s financial inclusion strategy that aims to provide affordable banking solutions to consumers who have been historically excluded from traditional financial services. According to brand, the product will enable financial…

Nigeria: How Nigeria’s passport power, human development are shaping migration trends Nigeria, the most populous country in Africa, has experienced a significant issue in recent years. The country has observed an exodus of its manpower, citizens seeking better opportunities and higher chances of success outside its borders. This imbroglio is common on the tongues of countrymen as ‘japa‘, a Yoruba indigenous word meaning “escape.” The decision to leave Nigeria is multifaceted but not far-fetched. As thriving economies continue to advance, they increasingly become attractive to residents of developing and underdeveloped nations who are running out of time. A 2019…

Entertainment: I’m still living my dream as actress –Carol King Carol King could be described as the queen of soap operas. She has featured in many television series, including Edge of Paradise, I Need to Know, Everyday People, and lots more. The veteran actress was one of the celebrities at the recent event to announce the 20th edition of the Africa Magic Viewers’ Choice Awards (AMVCA) in Lagos. In this interview with Sunday Sun, she spoke about life as an actress and went down memory lane to talk about her inspiraions in the industry. What’s the secret of your staying…

Osimhen highest-paid player in Serie A Mbappe, De Bruyne, Kane, De Jong top their leagues Super Eagles striker, Victor Osimhen, is the highest-paid footballer in Serie A with his recent Napoli contract and bonuses seeing him rise above Juventus forward in the Italian topflight earnings chart, PUNCH Sports Extra reports. Osimhen, who joined Napoli from Lille in 2020, signed a new contract in December that earns him a monthly salary of £1.29m, almost doubling his previous earnings. Paris Saint-Germain forward, Kylian Mbappe, is the best-paid player with an eye watering monthly take home of £5.15 million. Osimhen’s new salary was…

As dignitaries, celebrities grace Airpeace Lagos to London flight, inaugural Distinguished guests joined Allen Onyema, the Chief Executive Officer of Air Peace on Saturday, March 30, 2024, for the inaugural direct flight from Lagos to London. The historic flight took off from the Murtala Muhammed International Airport, Lagos, and landed at London, United Kingdom’s Gatwick Airport. A video shared online captured the moment Air Peace’s Boeing 777 aircraft touched down in London, marking a significant milestone for the airline. Upon arrival, the Nigerian community in the UK and officials from The Nigerian High Commission UK, led by Ambassador Sarafa Isola,…

Nigerian billionaire nears the $2 billion mark after falling below the billionaire status Nigerian businessman Femi Otedola, after falling below the $1 billion has seen his net worth jump to $1.7 billion. The Head of the First Bank of Nigeria Holdings Plc (FBN Holdings), and the CEO of the top power-generating firm, Geregu Power, has seen his net worth fluctuate over the years. Forbes notes that he fell off the billionaire list in 2017, but has been back on since the start of 2024. Nigerian billionaire Femi Otedola nears the $2 billion mark falling below $1 billion for almost a…

FIRST LADY OLUREMI TINUBU HOSTS FORMER FIRST LADIES, GOVERNOR’S WIVES, OTHERS AT IFTAR The task of getting the nation fully back on track is a collective responsibility. This was the opinion of the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu at an Iftar she hosted at the state House Abuja. She expressed optimism that the nation will be greater. “Mr. President will do all it takes to make the nation better, that even when we live here, we will go back to a better Nigeria”. “We all have tasks to do to get this nation back…

FIRST LADY OLUREMI TINUBU HOSTS FORMER FIRST LADIES, GOVERNOR’S WIVES, OTHERS AT IFTAR The task of getting the nation fully back on track is a collective responsibility. This was the opinion of the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu at an Iftar she hosted at the state House Abuja. She expressed optimism that the nation will be greater. “Mr. President will do all it takes to make the nation better, that even when we live here, we will go back to a better Nigeria”. “We all have tasks to do to get this nation back…