Author: Ifetayo Adeniyi

10 Things You Need to Know As a First-Time Property Buyer and Why Adron Homes is the Best Investment Choice Embarking on the journey of purchasing your first property can be both exciting and overwhelming, especially in a dynamic market like Nigeria’s. To help first-time buyers navigate this complex landscape, we’ve compiled ten essential tips that will guide you through the process and highlight why Adron Homes and Properties Ltd. stands out as the ideal investment choice. 1. Understanding the Market Dynamics The Nigerian real estate market is characterized by regional variations and evolving trends. It’s crucial to research and…

Old Students of Ife gather to celebrate Soyinka Ife caucus celebrates  Some old students of the Theatre and Arts Department of the University of Ile-Ife, now Obafemi Awolowo University, Île-Ife, who were taught and mentored by Nobel Laureate Prof Wole Soyinka, have celebrated him. They described him as a global icon who has not only made impact in Nigeria but all over the world. The old students under the aegis of Ife Caucus were effusively eulogised him as they gathered in his Abeokuta, Ogun State to celebrate their former lecturer who recently turned 90. Chief Peter Fatomilola, an old student…

NUJ award: Rep Ogene honoured, urges media to hold public office-holders accountable Isiguzo stated that Hon Victor Afam Ogene as a professional journalist has made sterling contributions towards improving the country, and, said the award presented to him was to showcase him to the youths for emulation and to challenge him to do more. The member representing Ogbaru federal constituency of Anambra state in the National Assembly, Hon. Victor Afam Ogene has tasked media professionals on forcing public office-holders to give account of their office. Ogene who is the chairman of the House Committee on Renewable Energy, and, Labour Party…

BUA Foods makes progress, grows profit to N130bn The financial report indicated that the company’s revenue rose by 110 per cent to N672.3bn against N320.9bn posted in 2023, driven primarily by strong performance in its sugar, flour, and pasta divisions. BUA Foods Plc has recorded a 38 per cent growth in its profit after tax to N130bn at the end of June 2024, compared to N95.18bn in the same period of 2023 despite the macroeconomic headwinds. This was indicated in its financial results for the half-year filed with the Nigerian Exchange Limited recently. The financial report indicated that the company’s…

As Shell Posts $6.3bn Profit, Hope Rises For Nigerian Investments There are high hopes that Nigeria will be among the beneficiaries as Shell mulls massive gas and Liquefied Natural Gas (LNG) investments after an impressive financial performance for the second quarter of 2024. This is given the stupendous gas and LNG potential in the country. According to publications by Energy Connects and Blakeway, Nigeria is the world’s sixthlargest LNG exporter, with a six per cent market share in 2022. It produces an annual capacity of 22.5 million tonnes with plans for further expansion. The Commission’s Chief Executive, the Nigerian Upstream…

Dangote refinery production: Nigeria’s Economic outlook for 2024-25 depends on its growth … the advantage of selling to the refinery in naira is to avoid putting pressure on the refinery to source foreign currency to purchase. Dr Chijioke Ekechukwu, an Economic Expert has said that most of the economic projections and outlook for 2024 and 2025 were hinged on the production from Dangote Refinery. Ekechukwu underscored the need to support and encourage the refinery and ensure its optimal production in the interest of forex availability, and growth of the nation’s foreign reserve and economy. Ekechukwu, the Managing Director of Dignity…

Olympics quarterfinals: D’Tigress beat Canada 79-70 to qualify D’Tigress [Credit: X | D’Tigress] … the D’Tigress intensified their attack and led by 55-46 before capping their historic performance with a 79-70 win at the end of the game. The Nigerian senior female basketball team, D’Tigress, on Sunday, beat their Canadian opponents by 79-70 to reach their first-ever quarterfinals of the Olympic games. The Nigerian side made history in their last Group B match of the Women’s Basketball Tournament at the Paris 2024 Olympics at the Pierre Mauroy Stadium, France. The game was at a stalemate with both sides sharing 18…

Favour Ofili proceeds to 200 metres semi-final qualification, Paris Olympics Favour Ofili Ofili stormed to a season’s best of 22.24 seconds to win heat 6 of the event. Nigeria’s Favour Ofili has qualified for the women’s 200 metres semi-final at the Paris 2024 Olympics. She booked her place in the semi-finals ahead of Great Britain’s Dina Asher-Smith and Gambia’s Gina Bass-Bittaye. The 21-year-old Ofili was denied participation in the 100-metre race at the ongoing Olympics in Paris due to administrative failures by the Athletics Federation of Nigeria and the Nigerian Olympic Committee. She expressed her frustration in a series of…

Ladoja, the new Olubadan, will wear a beaded crown Rashidi Ladoja “By the grace of God, I will become Olubadan.” The Otun Olubadan of Ibadanland, High Chief Rashidi Ladoja, has stated that he will become the Olubadan of Ibadan, expressing gratitude for God’s mercy. Ladoja, the most senior of the High Chiefs and next in line to become Olubadan, stated this on Sunday while appearing on ‘Agbami Oselu,’ a radio programme on Fresh FM in Ibadan. The former Governor of Oyo State also declared his intention to become a beaded crown monarch in Ibadanland, as stipulated by his status in…

Tinubu’s broadcast: Nigeria’s revenue hit N9.1trn in first six months of 2024 President Bola Tinubu said his administration has more than doubled the country’s revenue in the first half of 2024, raising it to N9.1 trillion. He attributed it to his administration’s ability to block revenue leakages and waste. Tinubu said this during a broadcast that was widely televised on Sunday. “On the fiscal side, aggregate government revenues have more than doubled, hitting over 9.1 trillion Naira in the first half of 2024 compared to the first half of 2023 due to our efforts at blocking leakages, introducing automation and…