5 Reasons Not to Miss Davido #30BillionConcert in Lagos

By Modupe Gbadeyanka A foremost pay-tv service provider in Africa, MultiChoice, has raised an alarm that its over $85 million investments in local content through Africa Magic are under threat from piracy. The Africa Magic channel airs movies produced by local filmmakers across the continent. MultiChoice said it pumped that amount of money into domestic content over the last few years to create opportunities for young creators to earn a living from their work and for Africa to tell its authentic stories. It noted that this was done through the production and acquisition of films promoting the African culture, but

From the battle of power and dominance in Slum King to the thrilling heists and betrayals in Chronicles and the heartwarming tales of friendship and ambition in Moments, the new series on Africa Magic Showcase has everyone in a chokehold with their compelling stories. To make this entertainment extravaganza even more exciting, MultiChoice in celebration of Africa Magic’s 20th anniversary is providing GOtv Supa subscribers unrestricted access to GOtv Supa+ throughout November. Here are some of the shows to watch out for. Slum King: Edafe, who has spent 15 years in prison and is now facing a death sentence following

By Modupe Gbadeyanka A new report released by Spotify has revealed that Burna Boy is the most streamed African artist in Sub-Saharan Africa (SSA) on the platform in 2023, though he is behind Drake, a Canadian rapper, who emerged as the most streamed in the region under review. In the Spotify Wrapped 2023 unveiled on Thursday, it was disclosed that Burna Boy, who has won the coveted Grammy, maintained the position for the second year in a row. Spotify Wrapped 2023 is an annual data-led review of how people listen to music and podcasts on the popular platform. Asake, Davido

Nollywood has numerous actors and actresses who wear different characters to entertain us in movies. The steady rise of Nollywood talents in recent years is remarkable, and this is down to the investment of platforms like Africa Magic in talent discovery and commissioning/licensing of movies and series that cast budding talents. In celebration of Africa Magic at 20, here is a list of renowned Nollywood telnets who rose to stardom on the Africa Magic platform: Tobi Bakre: He’s no doubt one of the hottest talents around at the moment. Tobi rose to stardom on one of Africa Magic’s reality TV

By Dipo Olowookere The management of Fidelity Bank Plc has explained why it has not yet filed its Audited Financial Statements (AFS) for the half year ended June 30, 2018 as required by extant Rules of the Nigerian Stock Exchange (NSE). In a statement issued on Friday, August 31, 2018, and signed by the Company Secretary, Mr Ezinwa Unuigboje, the lender said the accounts are being delayed because the audit of the financial statements is still ongoing. Fidelity Bank said it hopes to release the financial statements on or before Sunday, September 30, 2018. “This is to inform our esteemed

**Says “Nigeria Ready for Business, Global Competition” By Dipo Olowookere Senate President, Mr Bukola Saraki, has disclosed that efforts were being made by the National Assembly (NASS), especially the Senate, to reform some obsolete laws dragging the growth of the Nigerian economy backward. Mr Saraki, speaking in Lagos last Sunday at the 11th Annual Business Law Conference of the Nigerian Bar Association (NBA) Section on Business Law, said this move was necessary to prepare the country’s economy for global market. He noted that at the resumption of the 8th NASS, which clocked two this month, the state of the Nigerian

Discussions around food and nutrition security took centre stage at the just concluded Senior Policy Seminar hosted by the African Economic Research Consortium (AERC), in partnership with the Central Bank of Nigeria (CBN). The two-day conference, which held from March 9 to 10, 2020 and was supported by the Bill and Melinda Gates Foundation, had the theme Agriculture and Food Policies for Better Nutrition Outcomes in Africa. Prof. Njunguna Ndung’u, the Executive Director of AERC, in his opening address, emphasised that the seminar focused on Agriculture, Food Security and Nutrition Outcomes in Africa because agriculture is the main stay of

By Modupe Gbadeyanka The 24th China Yiwu International Commodities (Standardization) Fair (Yiwu Fair), formerly China Yiwu International Commodities Fair, will be held in Yiwu City of Eastern China’s Zhejiang Province on October 21-25, 2018, organisers have said. Yiwu Fair is China’s biggest and most influential daily necessities expo and one of the three export expos organized by China’s Ministry of Commerce. Starting this year, Yiwu Fair will focus on enhancing international exchange and cooperation on standardization, helping export Chinese standards and introduce international standards. In 2017, Yiwu Fair innovatively combined the theme of standardization with the fair and launched a

By Adeniyi Ogunfowoke Today, most banks offer online banking, and you can pay your bills, transfer money, and access a record of your checking account transactions, all from your web browser. Banking from the comfort of your sofa makes everything you do with your finances a bit easier. You can access your banking information anywhere that you have access to the Internet, on your computer or mobile device. Interestingly, banks are not the only players leverage on the internet for banking transactions. Fintech companies have come on board to expand the payment options of customers. Quick payment confirmation It is

By Dipo Olowookere The Central Bank of Nigeria (CBN) has announced N5 billion as the minimum capital requirement for national microfinance bank in the country. In a circular released and signed by the CBN Director of Financial Policy and Regulation Department, Mr Kevin Amugo, it was disclosed that the capital base for unit microfinance bank is N200 million, while for state microfinance bank is N1 billion. According to the circular, “the new minimum capital requirement takes immediate effect for new applications while existing microfinance banks shall be required to FULLY comply with effect from April 01, 2020.” The CBN explained

Leading business talk show on the number one business magazine platform, Forbes Africa My Worst Day with Peace Hyde, is set to launch its third instalment and this time, the program has a line-up of powerhouse business tycoons from the global business world. The show, which is renowned for interviewing the African continents billionaires and millionaires on their most challenging day ever in business, has raised the bar by venturing into global business world to assemble a league of some of the richest and most successful African American moguls. Reprising her role as creator, producer and host of the show

By Dipo Olowookere Some aggrieved customers descended on Managing Director of a bank in Enugu after facing several difficulties in withdrawing their money in the financial institution. If not for the prompt intervention of the police, the bank boss would have been lynched by the angry customers, who were ready for a showdown. The News Agency of Nigeria (NAN) reports that the incident happened at about 5pm on Wednesday at the De-Dome Event Centre in New Haven, Enugu, where Mr Kingsley Ubenyi, who is the MD of Kesley Mega Micro-Finance Bank, tried to explain why the customers have not been