Akande-Sadipe Mourns Olubadan

By Precious Olisa Three Nigerian women entrepreneurs have been selected among 24 finalists for the 2023 African Women Innovation and Entrepreneurship Forum (AWIEF) awards. The Nigerians are the CEO of Bridge Merchant Enterprise (Agri Entrepreneur Award), Ms Chinwendu Nweke; the CEO of Clean Technology Hub (Energy Entrepreneur Award), Ms Ifeoma Malo; and the co-founder/CEO of D-Olivette Global Enterprise, (Social Entrepreneur Award), Ms Damilola Aminat Adeyemi. Launched in 2017, the annual AWIEF Awards is an initiative to recognise, honour, and celebrate women entrepreneurs and business owners in Africa across various industry sectors for their achievements and contribution to the continent’s inclusive

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Adedapo Adesanya The federal government has declared Monday, October 2, 2023, a public holiday to celebrate Nigeria’s 63rd Independence Day, which falls on Sunday, October 1. The Minister of Interior, Mr Olubunmi Tunji-Ojo, made this known in a statement signed by the ministry’s Permanent Secretary, Mrs Oluwatoyin Akinlade, in Abuja on Thursday. Mr Olubunmi acknowledged the global socio-economic hardship, noting that Nigeria is not excluded. He, however, reasserted the government’s commitment to tackling the issues facing the country to reassure Nigerians. “It is today a known fact that difficult Socio-Economic and Security challenges are global, and Nigeria is not

By Dipo Olowookere Candidates of the two major political parties in the November 2016 presidential election in the United States will go head-to-head in a TV debate on Monday night. This would be the first time both are going face-to-face on the same stage. Outcome of the debate may likely have a huge impact on gaining votes from the electorates. Democrat Hillary Clinton and Republican Donald Trump will be at the Hofstra University in New York for the all-important battle. It is estimated that they would be watched by 100 million viewers. Observers believe it is still a tight race

From time to time, when talking about the huge sums that some teams pay for signing different players, the Financial Fair Play is mentioned. The best Nigeria bet with 1xbet bookmaker allows its members to wager on all matches from the most important football teams. In short, these are a set of rules introduced in 2009 by UEFA. The idea of them is that football teams don’t spend more money than what they earn. Prior to the introduction of these rules, there were many teams that constantly had money injected by their billionaire owners. This meant that, while the team

By Adedapo Adesanya The Naira appreciated against the United States Dollar in the various segments of the foreign exchange (forex) on Thursday despite the current cash crunch not easing. In the parallel market window of the market, the Nigerian Naira gained N3 against the greenback to settle at N765/$1, in contrast to the previous day’s rate of N768/$1. Also, in the Peer-2-Peer (P2P) arm, the local currency appreciated against the American currency by N1 during the session to close at N770/$1 versus Wednesday’s value of N771/$1. In the Investors and Exporters (I&E) segment, the domestic currency garnered 27 Kobo or

The Cannes Lions International Festival of Creativity has announced the final names of the 2019 jury members, representing a diverse mix of disciplines from across the global industry. One of the persons chosen was Steve Babaeko, a media executive from Nigeria, who is the owner of X2M Ideas Limited. In 2019, 48% of jury members are female, up from 46% in 2018, 43% in 2017 and 40% in 2016. The Cannes Lions juries will be represented by world class specialists from over 50 countries, with first-time jury members hailing from Jordan and Morocco this year. In 2019, the juries are

By Adedapo Adesanya Nearly N2 trillion bad loans were cancelled by commercial and merchant banks in four years after the 2016 economic recession in Nigeria, a report by Agusto&Co has claimed. The credit rating agency in the report titled 2020 Banking Industry Report said in the last four years after the economic crisis, the Nigerian banking industry has written off a minimum of N1.9 trillion of impaired loans from its loan portfolio. The firm noted that the write-offs were driven by the weak macroeconomic climate and the introduction of the international financial reporting standards 9 (IFRS 9) accounting standard in

By Ebitonye Akpodigha Minister of Information and Culture, Mr Lai Mohammed, has appealed to commentators and analysts to refrain from making statements that can jeopardize the release of the Chibok girls who are still in captivity. The Minister made the appeal on Sunday in Abuja at a special thanksgiving Church Service and reunion of the 21 girls with their families. “They are many reckless analysts and commentators who are not helping the situation. We still have many of our children in captivity. Therefore we have to be careful with the kind of comments that we make. We must not make

By Adedapo Adesanya CitiTrust Holdings Plc was the hero at the National Association of Securities Dealers (NASD) Over-the-Counter (OTC) Securities Exchange on Thursday, July 7. The stock price of the financial services company went up by 50 Kobo to sell at N8.00 per unit compared with the preceding session’s N7.50 per unit and this lifted the NASD OTC by 0.02 per cent. As a result, the market capitalisation gained N200 million to close the day at N1.016 trillion as the NASD Unlisted Securities Index (NSI) went up by 0.16 points to wrap the session at 772.07 points compared with 771.91