Nigerian Gen Z Accounts for 55% of Total Hip-Hop Streams on Spotify

By Modupe Gbadeyanka Fun seekers at the BK Arena in Kigali, Kenya, on Saturday, August 19, 2023, will not forget in a hurry the excitement they felt seeing their favourite African music stars perform in their presence. Several musicians from 16 countries converged on the venue to put smiles on the faces of their fans at an event hosted by Spotify in partnership with Giants of Africa for the inaugural Giants of Africa Festival. It was in celebration of the non-profit’s 20-year anniversary, and the week-long festival did not fall beyond expectations. The event used music and basketball to educate

By Modupe Gbadeyanka A Nigerian musician, Ilerioluwa Oladimeji Aloba, otherwise known as Mohbad, has reportedly died at age 27. The death of the fast-rising Afrobeats star was announced on Tuesday, with his colleagues in the music industry reacting to the news of his demise. The deceased was formerly signed by Marlian Records, owned by popular and controversial Nigerian street-hop artist, Naira Marley. He left the entertainment outfit in 2022 after some controversies regarding how he was allegedly treated badly. Before his death, he had hit singles like KPK (Ko Por Ke), Ponmo, and Feel Good. At the time of filing

By Adedapo Adesanya Nigerian music star, David “Davido” Adeleke, has announced that 424 orphanages have benefited from his philanthropic efforts to the tune of N237 million. In a message shared on his social media pages and seen by Business Post on Thursday, the Unavailable crooner said, “I am proud to announce that my foundation, The David Adeleke Foundation (DAF), has donated the sum of N237,000,000.00 (Two Hundred and Thirty-Seven Million Naira) to orphanages throughout Nigeria. “The distribution of donation funds was led by the chair of the DAF Disbursement Committee, Mrs Titi Adebayo, with the foundation successfully distributing funds to

By Modupe Gbadeyanka Winner of Nigerian Idol Season 8 Winner, Victory Gbakara, and the runner-up, Precious Mac, were recently at the Lagos office of Bigi, one of the sponsors of the music talent show, which brought them to limelight. During the visit, the duo expressed gratitude to Bigi, a brand from the stables of Rite Foods, commending them also for quenching the thirsts of their consumers. “I have experienced them and tasted most of their products and they are 100 per cent,” Precious Mac said. On July 16, 2023, Victory Gbakara defeated Precious Mac to become the Season 8 winner

By Dipo Olowookere The hunger for treasury bills in Nigeria seems to be waning as the Central Bank of Nigeria (CBN) is offering the investment tool at an unattractive rate of 4.90 per cent, significantly below the country’s inflation rate of 15.40 per cent. It is common knowledge that investing in any financial asset not yielding a return on investment of more than the inflation rate is a bad investment. While some investment tools in the fixed income market like bonds and commercial papers are witnessing a rise in yields lately, the T-bills space is expressing the opposite and this

By Aduragbemi Omiyale The board of the Nigerian Exchange (NGX) Group Plc has been rejigged for better performance and efficiency, with the appointment of Mr Umaru Kwairanga as the new chairman. Mr Kwairanga was appointed to the position at a board of directors meeting on Wednesday, October 5, 2022, in Lagos. He will replace Mr Abimbola Ogunbanjo, who announced his retirement as chairman of the organisation at the 61st Annual General Meeting (AGM) of the group last month. After his announcement, a non-executive director of NGX Group, Mr Ikpobe Apollos, was elected as the acting chairman on Friday, September 30,

By Modupe Gbadeyanka The Council of Nigerian Institution of Estate Surveyors and Valuers has been urged to regulate values and rates of land across the country. This appeal was made by the Minister of Power, Works and Housing, Mr Babatunde Fashola, at the Ministry’s headquarters in Abuja when he received members of the Council. The delegation visited the Minister to discuss critical issues that bothers on property development and provision of professional services by Estate Surveyors and Valuers. Mr Fashola noted that if the suggestion is accepted, it will bring an end to reoccurrence of disputes that often lead to

By Adedapo Adesanya President Bola Tinubu has said Nigeria is ready for business in the oil sector, stressing that he is ready to tackle all the issues relating to businesses in the country. He stated this in New York on Monday while playing host to a delegation consisting of the global leadership of an oil and gas transnational giant, ExxonMobil. According to a Tuesday statement by the presidential spokesman, Mr Ajuri Ngelale, the country is no longer settling for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates. “Nigeria has never been more ready for

Since the inception of different football websites, staying updated with every single happening of the game has become much easier and quicker for football fans. There are a number of websites that will help you to get live scorecards, match statistics, league tables as well as upcoming fixtures just in a single click. However, the problem is that usually a single website offers a single feature only. You will hardly find a website that offers all these features in a single place. Isn’t it? Well, then there is a surprise for you because today we are going to talk about

As part of activities to celebrate the 3rd edition of its Corporate Responsibility & Sustainability Week, which ran from 1st – 5th July, 2019, FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has launched a SPARK initiative. SPARK represents ‘Start Performing Acts of Random Kindness’ and was created to empower people within the business communities and create a positive multiplier effect that can impact the nation. It was learned that the initiative was put together in line with the company’s commitment to foster social impact and sustainable development in Nigeria. During the CR &

**Denies maltreating her By Dipo Olowookere One of the lenders in Nigeria, Diamond Bank Plc, has refuted reports making the rounds that it treated harshly a woman recently defrauded of her pension funds domiciled with the bank. A consumers’ activist, Mrs Sola Salako Ajulo, who is also the President/Founder of Consumer Advocacy Foundation of Nigeria (CAFON), had posted on her Facebook wall that a pensioner, Mrs Comfort Ashaye, was allegedly chased away by a Diamond Bank Manager in Ikeja, Lagos after she had gone to lay complaint of her accumulated pension of N572,000 which developed wings from her account. But