Nigerian Cinemas Generate N603.59bn in Ticket Sales in August

By Modupe Gbadeyanka Eight nightclubs and event centres within Ikeja and Victoria Island have been sealed by the Lagos State government over safety violations. A statement by the Lagos State Safety Commission disclosed that the affected facilities were shut down to ensure the safety of lives and properties in the metropolis. A few facilities accused of contravening the state’s safety laws were Hot Box Night Club, Shades Night Club, Buzzbar, and CCX Lounge. The Director General of the agency, Mr Lanre Mojola, said the administration of Governor Babajide Sanwo-Olu has zero tolerance for violation of safety laws and will continually

Music is a universal language that people should be able to access at their fingertips without the hindrance of data costs or monthly subscriptions. That’s why Spotify has the Free tier, which offers the same quality listening experience that the platform is known for, but without the monthly subscription fee. Personalisation is at the heart of what we do at Spotify, curating music based on every user’s listening habits, so the more you listen, the more you are setting the tone. With playlists made just for you, whether you are on Spotify Premium or the Free Tier, here are some

By Dipo Olowookere A showbiz promoter, Mr Balogun Olamilekan Eletu, otherwise known as Sam Larry, is now in the custody of the Nigeria Police Force (NPF). The spokesman for the Lagos Command of the police, Mr Benjamin Hundeyin, confirmed this development in the wee hours of Friday. Sam Larry has been linked with the death of a fast-rising musician, Ilerioluwa Oladimeji Aloba, professionally known as Mohbad. The singer died in a controversial manner on September 12, 2023, and was also suspiciously buried in the Ikorodu area of Lagos. His death has generated global interest, with some people using his case

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 Adedapo Adesanya The COVID-19 pandemic has taught the world, especially the business community, a lot. With stay-at-home directives and social distancing protocols becoming the order of the day, employees and companies alike, all over the globe, are suffering the consequences. This means a business can no longer go on as it used to in the past and for some, the slowdown has turned into something more worrying. One of the biggest problems the pandemic has caused is employment insecurities. And while things are easing up, the conversation about the traditional work structure has been brought to question. Conversations are

By Aduragbemi Omiyale On Thursday, President Muhammadu Buhari appointed Major General Farouk Yahaya as the new Chief of Army Staff (COAS) after the death of Lt. General Ibrahim Attahiru last Friday in a plane crash in Kaduna. Before his appointment, much is not known about the new army chief by the general public and this post is to inform our readers about him. Mr Yahaya was born on January 5, 1966, in Sifawa, Bodinga Local Government Area of Sokoto State. He is a member of the 37 Regular Course of the prestigious Nigerian Defence Academy (NDA) and started his cadet

Turkish Airlines, flying to more countries than any other airline, was reported as the busiest operator in Europe last week after successfully restarting domestic and international passenger operations. On Wednesday, June 17, 2020, Turkish Airlines recorded 400 flights in Eurocontrol area; the highest number recorded in the area since Tuesday, March 24, 2020. The Pan-European civil-military organisation dedicated to supporting European aviation, Eurocontrol confirmed that Turkey’s national flag carrier operated 359 flights during the first week of June from its base at Istanbul Airport. On Sunday, June 14, three aircrafts took off simultaneously from Istanbul Airport’s third independent runway following

By Adedapo Adesanya The duo of NASD Plc and Aradel Holdings Plc weakened the NASD Over-the-Counter (OTC) Securities Exchange by 0.04 per cent on Thursday, September 21. The two price losers overpowered the sole price gainer, Central Securities Clearing Systems (CSCS) Plc, to drag down the NASD Unlisted Securities Index (NSI) by 0.34 points to 805.95 points from the 806.29 points it ended in the previous day, while the total value of the unlisted stock market was relatively flat at N1.139 trillion. At the trading day, NASD Plc shed N1.15 to end the session at N11.50 per unit versus the

A recent survey conducted by a leading audit company, KPMG Nigeria, has ranked Ecobank Nigeria among the top five banks with good customer experience in the Small and Medium Enterprises (SME) segment of the economy. The 2019 Nigeria banking industry customer experience survey report measured the performance of lenders in the country in terms of their relationship with their account holders and other users of financial services. From the results, despite lower levels of overall satisfaction for SMEs, Fidelity Bank and Ecobank made the greatest improvements with both banks moving up more than four places into the top five banks.

By Adedapo Adesanya President Muhammadu Buhari has been advised by the Socio-Economic Rights and Accountability Project (SERAP) to review and withdraw the pardon granted to former governors of Plateau and Taraba States, Mr Joshua Dariye and Mr Jolly Nyame, respectively, who were jailed by the court for corruption. SERAP is also urging him to “propose a constitutional amendment to the National Assembly to reform the provisions on the exercise of the prerogative of mercy to make the provisions more transparent, and consistent and compatible with Nigeria’s international anti-corruption obligations.” Last week, the National Council of State endorsed the presidential pardon

By Modupe Gbadeyanka As from Monday next week, banks in Nigeria will receive an additional $20 million every week from the Central Bank of Nigeria (CBN) to cushion the effect of Dollar scarcity in the country. According to a report by Business Day, the extra $20 million will be shared equally among the 20 banks in Nigeria. They would be expected to take the weekly additional Dollar allocation to sell to their customers in need of the foreign currency to pay medical fees, school fees and others. The acute shortage of Dollar in Nigeria has forced the local currency, the

By Dipo Olowookere The construction of three ultra-modern care centres for residents of Lagos, especially for old and elderly citizens, is being planned for by the state government. Commissioner for Youth and Social Development, Mrs Uzamat Akinbile-Yussuf, disclosed that, “Approval has been granted for the homes to be sited at Ajagun Street, opposite Imeke palace, Iworo-Ajido (Olorunda LCDA Badagry); Alimosho General Hospital Complex, LASU-Ojo Road, Igando; and Epe Recreational Complex, Hospital road, Epe.” Mrs Akinbile-Yussuf said the initiative was a way of providing an interactive platform for the aged residents as well as increase socialization among them, especially those who