Power Minister Blames Fire Outbreak for National Grid Collapse

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 Modupe Gbadeyanka The 12-year-old boy with missing intestines, Adebola Akin-Bright, who has been receiving treatment at the Lagos State University Teaching Hospital (LASUTH), Ikeja, has died. Adebola died on Tuesday evening, according to reports. He was to be flown abroad for an intestine transplant to get him back to normal before he breathed his last today. Adebola had surgery at a private hospital in the Alimosho area of the state known as Obitoks Medical Centre, but it was later discovered that his intestines were missing. The Lagos State House of Assembly had on Tuesday asked Governor Babajide Sanwo-Olu to

By Bliss Okperan A news report filtering in indicates that a part of the Supreme Court complex in Abuja has been gutted by fire. The incident, according to what Business Post gathered, happened on Monday morning. It was said that offices of three justices were affected by the inferno, whose cause is yet unknown at the time of filing this report. Details later…

By Adedapo Adesanya President Bola Tinubu on Monday asked South African companies to consider investing in the Nigerian solid minerals development sector, promising them a conducive environment. Mr Tinubu made this call when he held talks with his South African counterpart, Mr Cyril Ramaphosa, in New York City ahead of the United Nations General Assembly (UNGA). According to a statement by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, the Nigerian leader advanced his economic development diplomatic drive for investment attraction during the engagement. He told Mr Ramaphosa that, “South African mining industries have a

By Adedapo Adesanya Portuguese giants, Benfica Football Club, has promised to support sports development in Nigeria in order to further strengthen the relationship between the two countries. This came as Vice Presidents of the club, Mr Manuel Debrito and Mr Jose Gandarez praised the laudable ideas of Nigeria’s Sports Minister, Mr Sunday Dare, who paid a visit to the club. Mr Dare was in Portugal alongside President Muhammadu Buhari to discuss ways to continually develop sports in the country. The Minister was given an official tour of Benfica’s facilities, including the enormous 65,000-capacity Estádio da Luz home ground of the

By Sodeinde Temidayo David The House of Representatives has mandated its committee on sports to investigate the immediate and remote cause of the failed doping test in order to prevent the future occurrence of such an incident. The House also called for an investigation into the activities of the Federal Ministry of Sports and Youth Development on failed doping tests by Nigerian athletes at the recently concluded Olympic Games in Tokyo, Japan. In competitive sports, doping is the alleged use of banned athletic performance-enhancing drugs by athletic competitors or to illegally improve athletic performance in competitions. Nigeria is set to

By Adedapo Adesanya A bill to impose death penalty on hate speech offenders in Nigeria has passed the first reading at the Senate. The bill, tagged National Commission For the Prohibition of Hate Speeches, was sponsored by the Deputy Chief Whip of the Senate, Mr Abdullahi Aliu Sabi (APC, Niger State). A part of the motion said a death penalty should be imposed on “any person found guilty of any form of hate speech that results in the death of another person.” The upper chamber of the National Assembly had previously abandoned the bill last year, following public outcry. But

By Adedapo Adesanya The Meta-owned instant messaging app, WhatsApp, will get a new feature called Communities that will allow users to participate in larger discussion groups. The groups aim to serve as a more feature-rich replacement for people’s larger group chats with added support for tools like file-sharing, 32-person group calls, emoji reactions, as well as admin tools and moderation controls, among other things. WhatsApp will also empower group admins to delete unwanted messages from the group chat for everyone. “Communities on WhatsApp will enable people to bring together separate groups under one umbrella with a structure that works for

By Modupe Gbadeyanka All is not set for the fifth edition of the flagship capacity-building programme of Wema Bank Plc small and medium-sized enterprises (SMEs) in Nigeria, Wema SME Business School. The lender disclosed that the programme, Wema Bank Business School 5.0., will hold in Benin City, Edo State, from May 22 to 26, 2023. The initiative is to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business. The latest edition will feature training and lectures on various aspects of business management and entrepreneurship, facilitated by subject matter experts and experienced

By Aduragbemi Omiyale The founder and chief executive of Herconomy, Ms Ife Durosinmi-Etti, has shared the difficulties she faced when raising funds for her business. In a chat with CNN recently, the entrepreneur disclosed that it was quite challenging because women in the tech ecosystem struggle with getting the attention of investors, unlike their male counterparts. “What I’ve noticed in the tech space is that women are over-mentored and underfunded. We need to do more to fund more women and ensure that their businesses actually grow from small businesses to big businesses,” she stated. Ms Durosinmi-Etti, however, concluded that, “While

By Adedapo Adesanya The tumultuous 2022 year for the crypto market did not spare crypto mining companies, which lost billions of dollars to the tune of $5.2 billion in their stock values. According to data presented by BitcoinCasinos.com and sent to Business Post, the world’s five largest crypto mining companies have collectively lost $5.2 billion in market cap year-over-year. Known as the crypto winter, trading volume slumped, and crypto prices drowned in the aftermath of one of the most brutal years for the crypto industry. Crypto mining stocks, represented by the Amplify Transformational Data Sharing ETF (BLOK), dramatically underperformed the