Music Star Mr Eazi Partners Decagon to Help Aspiring Software Engineers

By Dipo Olowookere A fast-rising music act in Nigeria, Divine Ikubor, professionally known as Rema, has achieved a remarkable milestone with his hit single, Calm Down. The smash-hit song has recorded one billion streams on the prominent audio streaming platform, Spotify, joining the prestigious Billions Club of the company, the first African artist-led track to achieve such. “It’s a blessing,” Rema enthused, emphasising that, “It’s not just a big win for me, my team and my family; it’s also a big one for the culture.” The singer, who disclosed in March that he abandoned his admission to the University of

By Modupe Gbadeyanka More encomiums have continued to pour in for fast-rising musician, Asake, who was named as the winner of the Album of the Year award at the 16th edition of The Headies. The singer also clinched the coveted Next Rated Award at the event, which took place on Sunday, September 3, 2023, in Atlanta, the United States of America (USA). The headline sponsor of the Headies, Airtel Nigeria, while reacting to the award won by Asake, said it was glad to be associated with him, stressing that his quick rise to fame was commendable. “Considering the amazing quality

By Modupe Gbadeyanka To immortalise iconic figures in the Nigerian movie industry fondly called Nollywood, a US-based entertainment outfit, Nollytainment Incorporated, is creating an NFT Collection through Nollywood Superstars NFT Collection. A statement from the organisation said three superstars in the industry have been pencilled down for this and they are Kate Henshaw, Richard Mofe Damijo (RMD), and Odulade Adekola. It was disclosed that the NFT Collection would be unveiled on Sunday, October 1, 2023, a day set aside to celebrate Nigeria’s independence. On that day, 1,000 of these exquisite Nollywood super digital NFTs will be distributed for free to

By Modupe Gbadeyanka A popular Nigerian actor, Bolanle Ninolowo, has announced an end to his marriage, citing “an irreconcilable marriage dissolution” as the reason for the action. The actor, who asked for privacy and prayers from his fans “during this process as we heal and move on with our independent lives,” said he made efforts to keep the union intact, particularly because of his children.” However, he said since the centre could no longer hold, “my wife and I decided to go our separate ways,” though they will “jointly” take care of their children, who said they both “love most.”

By Aduragbemi Omiyale The Department of State Services (DSS) on Tuesday, July 25, 2023, arraigned the suspended Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, as promised. He was charged with illegal possession of a firearm by the country’s intelligence gathering agency at a Federal High Court sitting in Lagos. When the charges were read to him, the banker pleaded not guilty. Mr Emefiele was arrested by the secret police last month after he was removed from office by President Bola Tinubu. He was flown to Abuja and kept in custody until the court gave the DSS

By Adedapo Adesanya On Thursday, the National Bureau of Statistics (NBS) announced that inflation in Nigeria surged to a 49-month high as it rose to 18.17 per cent from 17.33 per cent recorded in February 2021. The last time Nigeria recorded an inflation rate higher than 18.17 per cent was in January 2017, when headline inflation stood at 18.72 per cent. In the report released by the NBS yesterday, the inflation numbers for last month were 0.82 per cent higher than the February figures. On a month-on-month basis, the headline index increased by 1.56 per cent in March 2021, this

By Modupe Gbadeyanka President Muhammadu Buhari has approved the increment in the pensioners’ pay from next month, the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Ms Chioma Ejikeme, confirmed during a press briefing on Friday. She explained the approval for the consequential adjustment to pension benefits was given by the presidency in line with the implementation of the new minimum wage. Business Post recalls that on April 18, 2019, Mr Buhari signed the new national minimum wage into law and this increased the lowest pay for workers in the country from N18,000 to N30,000. The development caused pensioners

By Adedapo Adesanya Airtel has advocated support from the Nigerian Communications Commission (NCC) for Small and Medium Enterprises (SMEs) to stimulate economic recovery in the post-COVID-19 era. This came as the commission reaffirmed its commitment to ensuring accelerated licensing of new spectrum that would usher in new technologies which include 5G, broadband satellite services, high altitude platform services, and others. This assertion came at a virtual webinar organised by the Nigerian-British Chamber of Commerce (NBCC) tagged Nigeria’s Telecommunication Industry-Post COVID. Speaking at the event, Mr Segun Ogunsanya, the Managing Director of Airtel, in his presentation, said that the SMEs were

By Adedapo Adesanya The National Pension Commission (PenCom) has revealed that Pension Fund Administrators (PFAs) and their Pension Fund Custodians (PFCs) counterpart recorded a net profit of about N83.9 billion in 2019. A breakdown indicated that Standard IBTC Pension Managers Limited recorded a large chunk of the profit, raking in N49.4 billion in the year under review, indicating 58.9 per cent. It was trailed by Zenith Pension Custodian Limited, which had N6.0 billion (6.8 per cent); First Pension Custodian Limited, which recorded N4.3 billion (4.8 per cent); Leadway Pension Limited, which attained N3.3 billion (3.9 per cent); ARM Pension Fund

By Dipo Olowookere The presidency has been charged to, as a matter of urgent public importance, resolve its issues with the Senate over the confirmation of members of some boards and agencies, including that of the Monetary Policy Council (MPC). This Monday, the council could not meet to make decisions on monetary policies for the country, a thing observers said was dangerous to the economy. Since this Monday, the Nigerian Stock Exchange (NSE) has closed in the red zone, with some analysts attributing this to the gradual loss of investors’ confidence in the economy as a result of cancellation of

Fast-growing brand management firm, Brannd Hub, has announced a price-cut on services it renders to small businesses, start-ups, and individuals. The company explained that it took this move so as to help SMEs get the best out of their limited budgets with regards to their branding needs. The firm pointed out that the price review would not affect its quality branding services. According to co-founder of the company, Mr Peter Adelakun, this great offer is being put in place to help small businesses and start-ups make the best business decisions with their limited budgets with regards to their brand name