Bigi Begins Promo for Movie Lovers in Lagos, Abuja

By Modupe Gbadeyanka A veteran Nigerian actor, Mr John Okafor, popularly known as Mr Ibu, has lost one of his legs to amputation, his family has confirmed. Doctors treating the movie star cut off the leg to quicken his recovery after undergoing seven successful surgeries. His family recently appealed for support from Nigerians over the deteriorating health of the superstar. Several persons heeded the call, enabling him to get the required medical care from doctors. In an update on Monday, his family thanked Nigerians for standing by him, disclosing that one of his legs had been amputated by the doctors.

By Dipo Olowookere The Nigerian and African music ecosystem will continue to receive the massive support of Spotify, Ms Jocelyne Muhutu-Remy, the Sub-Saharan African Managing Director of the audio streaming platform, which has recorded about 15 billion streams, has assured. Ms Muhutu-Remy gave this assurance at the event organised by the company last Thursday and Friday in Lagos to celebrate Afrobeats, a genre of music from Africa currently gaining global attention. Spotify held #SpotifyPodcastsLagos on Thursday and #SpotifyAfrobeats on Friday at La Madison Place in Lekki, Lagos, to showcase and celebrate the rich culture of Afrobeats and the remarkable achievements

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

Today, more and more people want to see their heritage come to life. They want their stories told and their experiences reflected on screen. With a growing appetite for African content, businesses have a great opportunity to invest in local productions – and consequently local people. The desire for local content and the drive to consume content allows broadcasters to improve the skills of local production crews, invest in better equipment and facilities, and highlight local talent on- and off-screen, and also adjacent industries. In Nigeria, for instance, MultiChoice plays a pivotal role in empowering talent and driving economic development.

By Adedapo Adesanya The World Bank and the African Development Bank (AfDB) have provided $550 million for the Rural Electrification Agency (REA) to support the implementation of its off-grid solution projects. This was disclosed by Mr Ahmed Abubakar on behalf of REA in Abuja. He noted that out of the amount, $213 million was for the mini-grid components of both lenders while $75 million was for standalone solar home systems component of the World Bank. It was further explained that $205 million was for Energizing Education Programme (EEP) Phases II and III components of both institutions, while $20 million is

By Aduragbemi Omiyale In recognition of its excellence in public relations and stakeholder engagement practices, the Nigerian Stock Exchange (NSE) has been honoured with an award by the Lagos chapter of the Nigerian Institute of Public Relations (NIPR). On Saturday, December 19, 2020, the institute held the annual Lagos Public Relations Industry Gala and Awards (LaPRIGA Awards) at the Shell Hall, MUSON Centre, Onikan, and the exchange was given the Best Regulatory Information Management award. Chairman of the Selection Panel of LaPRIGA Awards 2020, Mr Muyiwa Akintunde, explained that the NSE has distinguished itself as an organisation with a good

By Modupe Gbadeyanka There are very strong indications that the planned listing of Airtel Africa Plc shares on the Nigerian Stock Exchange (NSE) will broadly boost performance of the market this week. In the past days, the local stock market has been bleeding and like its rival did about two months ago, analysts are of the view that Airtel will make life better for investors. The company is planning to begin trading of 3.758 billion units of its shares on the stock exchange at N363 each from tomorrow. Commenting on the expectations, analysts at United Capital Research said, “This week,

By Modupe Gbadeyanka Ogun State Governor, Mr Ibikunle Amosun, on Wednesday, presented severance allowance cheques to political office holders who served during the administration of former Governor, Otunba Gbenga Daniel, between 2007 and 2011 as well as those who served during his first term of office between 2011 and 2015. While addressing the beneficiaries at the Arcade ground, Governor’s office, Oke Mosan, Abeokuta, the Governor said, “it does not matter which political party or administration you have served, what matters is that you have served the state diligently.” Governor Amosun disclosed that in order to accommodate all former political appointees,

By Adedapo Adesanya A gas explosion that rocked the Baruwa community in the Alimosho Local Government Area of Lagos State in the early hours of Thursday has so far claimed the lives of eight persons. The explosion, which reportedly emanated from a gas outlet known as Best Roof Cooking Gas, occurred around 5.45 am today. Giving details, the Director-General, Lagos State Emergency Management Agency (LASEMA), Mr Olufemi Oke-Osanyintolu, said the agency’s emergency response unit had been deployed in the area, adding that the explosion razed houses, shops and a primary school. He said, “The explosion occurred and the agency activated

By Adedapo Adesanya  The value of a Naira to one United States Dollar at the black market segment of the foreign exchange (forex) market in Nigeria depreciated by 100 kobo or N1 on Friday. Business Post reports that at the parallel market yesterday, the Nigerian Naira was exchanged at N362 per Dollar, different from the N361 to a Dollar it was traded at the previous session on the eve of Christmas. However, the value of the local currency against the two other major foreign currencies at the same market window remained unchanged at the close of transactions. The Naira was

By Modupe Gbadeyanka The federal government has expressed satisfaction with the 5.01 per cent growth in the gross domestic product (GDP) for the second quarter of 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said this shows that the Nigerian economy was on the solid path to recovery. Mrs Ahmed, while speaking at an Executive Intelligence Management Course 14 of the National Institute for Security Studies (NISS), Bwari, Abuja, said the administration of Mr Muhammadu Buhari has shown a strong commitment to sustainable development, governance and security despite the nation’s limited revenues. At the event themed

By Dipo Olowookere Two firms shut down last month in Zurak, Wase Local Government Area of Plateau State have been accused by the Federal Government of being involved in illegal mining activities to the tune of N100 billion. Minister of Mines and steel Development, Dr Kayode Fayemi, during a meeting with staff of the ministry in Abuja recently, said the two illegal mining companies, Solid Unit Limited and Geotess Nigeria Limited, had illegally taken out minerals worth over N100 billion, in the past few years they have been involved in illegal activities in the area. During a raid on August