Author: Ifetayo Adeniyi

Fintech, Moniepoint rises to Africa’s  unicorn status, raises $110m Fintech, Moniepoint rises to Africa’s  unicorn status, raises $110m Moniepoint rises to Africa’s unicorn status as it raises $110m. Moniepoint has raised $110 million in equity financing, achieving unicorn status in the process. Its series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. Other new investors include Google’s Africa Investment Fund and Verod Capital. Global impact firm, Lightrock, an existing investor, also participated in the funding round. According to the fintech, the capital raised will be used to accelerate its growth across Africa and build…

Biden expresses satisfaction with  Tinubu for release of Binance executive Joe Biden Biden gives thanks to President Tinubu for release of Tigran Gambaryan Tigran Gambaryan’s release prompted a congratulatory call between Biden and Tinubu. Joe Biden, President of the United States has thanked his Nigerian counterpart, President Bola Tinubu for the recent withdrawal of criminal charges against Tigran Gambaryan, the Head of Financial Crimes Compliance at Binance. In what looks like a significant diplomatic exchange, the two leaders held a 30-minute phone conversation on Tuesday afternoon, during which they discussed various issues of mutual interest. Gambaryan, a US citizen, was…

Alake asks for improved solid minerals trade between Nigeria and UAE Alake asks for improved solid minerals trade between Nigeria and UAE. The Minister of Solid Minerals Development, Dele Alake has made a case for enhanced trade relations between Nigeria and the United Arab Emirates (UAE) with an emphasis on solid minerals. Speaking while receiving in audience the UAE Ambassador to Nigeria, Ambassador Salem Shaeed Al Shamsi, in his office, Alake reflected on the historical significance of the over 50-year robust relationship between the two nations, emphasising the need to deepen these ties through expanded trade in the mining sector.…

Speaker Obasa extends congratulatory message to Oba Akiolu @ 81 Mudashiru Obasa and Oba Akiolu Speaker Obasa extends congratulatory message to Oba Akiolu @ 81. The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated His Majesty, Oba Rilwan Akiolu of Lagos as he marks his 81st birthday on Tuesday. In a statement by his media office, Speaker Obasa, the Baa’sofin of Lagos, said at 81, the revered monarch remains committed to excellent community and public service with results that keep promoting the growth and progress of Lagos. Dr. Obasa extolled the Eleko’s virtues, said…

DAVIDO (Social Impact Leader of the Decade) MIKE ADENUGA (Megastar Man of the Decade) ALHAJI ALIKO DANGOTE (Megastar Man of the Decade)  STEPHEN AKINTAYO (Serial Entrepreneur of the Decade) TENIOLA APATA (Creative Industry Innovator of the Decade)

RCCG Pastor denies allegation of homosexuality, says ‘I have never had sex with any male.’ Ayorinde AdeBello RCCG Pastor denies allegation of homosexuality, says ‘I have never had sex with any male.’ Ayorinde AdeBello, a pastor suspended by the Redeemed Christian Church of God (RCCG), has vehemently denied allegations of h0m0×~lity. The allegations led to his suspension, along with another pastor, as announced in an RCCG memo dated October 28, 2024. The memo, signed by Sunday Akande, RCCG’s national overseer, ordered a thorough investigation into the allegations and temporarily relieved the accused individuals of their responsibilities within the church. Akande…

Olori Atuwatse III, Queen Consort of Warri, Awarded Freedom of the City of London, in line with well-known  Figures like Nelson Mandela, Princess Diana, Winston Churchill Olori Atuwatse III, Queen Consort of Warri, Awarded Freedom of the City of London In an illustrious ceremony held at Guildhall, Olori Atuwatse III, a transformational female leader, philanthropist, and advocate for sustainable development across Africa, has been awarded the Freedom of the City of London. This is one of the United Kingdom’s most esteemed civic recognitions—a rare honour that celebrates her transformative leadership and her commitment to amplifying Africa’s authentic narratives on the…

Lagos unveils 330 centres for screening of diabetes, hypertension Lagos unveils 330 centres for screening of diabetes and hypertension. In a significant effort to address the health risks associated with hypertension and diabetes, the Lagos State Government has launched its “Know Your Numbers, Control Your Numbers” campaign, providing screening services at 330 designated sites across the state. This health initiative aims to heighten public awareness and encourage regular blood pressure and blood sugar screenings, targeting the growing prevalence of these silent yet life-threatening conditions. This campaign forms part of the national ’10 Million Project,’ a programme initiated by the…

Rodri shines as 2024 Ballon d’Or winner Rodri wins 2024 Ballon d’Or Rodri shines as 2024 Ballon d’Or winner. In a sparkling ceremony in Paris, Rodri, Manchester City’s midfield maestro, claimed the 2024 Ballon d’Or, crowning a year marked by both club and international triumphs. His contributions were pivotal, leading Manchester City to the Premier League title and Spain to Euro 2024 victory, cementing his place as one of the finest players in the game. On crutches due to a recent ACL injury, Rodri was assisted onto the stage by Didier Drogba, where he raised the prestigious trophy, visibly moved.…

Transcorp reduces total shares by 75% to maximize shareholders value … to maximize shareholders value. Corporation Plc has announced the successful completion of its share capital reconstruction, reducing its total issued shares by 75 per cent from N40.6bn to N10.2bn. The President of the group, Owen Omogiafo, disclosed this in a statement on Monday. Omogiafo noted that this strategic move is designed to maximize long-term shareholder value while maintaining the total value of shareholders’ investments unchanged. The share reconstruction involved consolidating shares at a ratio of 1 to 4, effectively streamlining the company’s capital structure. “This share reconstruction is in…