Stanbic IBTC Pensions Sponsors 2019 Art X Lagos

By Adedapo Adesanya  With Detty December around the corner, which means concert season, Livewire Concerts, an international entertainment company based in Nigeria, is launching its first edition of shows headlined by women on December 17, 2023. Themed A Night of Queens, the concert will have an all-female lineup featuring musical heavyweights such as Tiwa Savage, Teni, Simi, Waje, Niniola, Yemi Alade, and more, showcasing the incredible talent and diversity of Nigeria’s female music scene. In a statement shared with Business Post, the organisers said the concert promises a diverse musical medley, showcasing the unique styles and sounds that have made

By Ncebakazi Manzi The rise of Afrobeats over the past decade or so has been nothing short of remarkable. From the streets of Nigeria and Ghana, it has become a global phenomenon, with some of the world’s biggest artists collaborating with Afrobeats icons and emerging artists alike. In a sign of how rapid the ascent of Afrobeats has been, Spotify recently held events in Nigeria celebrating 13 billion streams of the genre. The growth of Afrobeats is unlikely to slow down anytime soon either, especially as streaming continues to grow across Africa. According to research firm Statista, the continent’s streaming

By Africa Magic 20 years, 7 channels and about N622.5 billion in investment in local content development. In 2003 we began our journey of telling authentic Nigerian stories with the launch of Africa Magic. We were intent on creating a platform where the everyday Nigerian could see themselves represented in relatable stories reflecting our cultures and life in Nigeria, told ‘by us, for us’ – the Naija way. Now, we celebrate an iconic milestone – celebrating 20 years of creating and telling original Nigerian stories, producing and licensing over 25,000 hours of authentic Nigerian content. Africa Magic launched as a

By Bliss Okperan The Edo State Governor, Mr Godwin Obaseki, has wished Afrobeats singer, Divine Ikubor, popularly known as Rema, a speedy recovery. In a message via his X (formerly Twitter) handle on Thursday, the Governor said the people of Edo State, where the singer hails from, are proud of him and remain behind him every step of the way. “We are extremely proud of you and remain behind you every step of the way,” a part of his post read. Mr Obaseki said the remarkable achievements of the artiste “over the years fill us with immense pride and joy.”

**Says GDP Still Below 3% Population Growth By Modupe Gbadeyanka The Lagos Chamber of Commerce and Industry (LCCI) has described the growth path of the Nigerian economy as still weak, vulnerable and fragile. This was made known in reaction to the release of the Gross Domestic Product (GDP) figures of the Africa’s largest economy for the fourth quarter of 2018 by the National Bureau of Statistics (NBS) earlier this week. The stats office said in Q4 of last year, the nation’s economy grew by 2.4 percent in contrast to the 1.8 percent recorded in the third quarter of the year.

By Adedapo Adesanya Nigeria’s demand for Premium Motor Spirit (PMS), otherwise known as petrol, from Europe fell by almost 30 per cent as a result of the scrapping of fuel subsidy by President Bola Tinubu. This is according to data provided by Kpler, a data and analytics firm that tracks energy information. President Bola Tinubu, in his inauguration speech on May 29, 2023, announced an end to fuel subsidy, which gulped N4.3 trillion alone in 2022. The removal of the fuel subsidy to the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has led to a 35 per cent drop in

By Adedapo Adesanya A non-governmental organisation, Feed Me, has started an initiative of sharing food items on a monthly basis to the vulnerable and the less-privileged in the society. Mrs Oluwatunmise Mafe, the convener of the NGO, said in a statement that FeedMe and its partners would provide monthly food supplies to families in various communities in Lagos to alleviate their needs and enhance their nutritional level “Our plan for the next two years is to provide 100 families with food items like rice, beans, garri, semovita, vegetable oil and seasoning that will last them for a month. “The strategy

By Modupe Gbadeyanka Authorities of the Redeemed Christian Church of God (RCCG) have announced that the annual fast observed by the mission will commence next week. In a notice to church members, it was disclosed that this year’s edition will hold for only 49 days. According to the notice, the annual religious rituals will kick off from Friday, January 11, 2019 and end on Thursday, February 28, 2019. It was emphasised that the main prayer points for this year’s fast are for Nigeria; mercy, RCCG and divine insurance. “The annual RCCG Fast starts on Friday, January 11, 2019 and ends

By Adedapo Adesanya Nigeria’s female basketball team known as D’Tigress on Sunday defeated Senegal 60-55 to win the 2019 women’s Afrobasket title they won two years ago. The final match played at the at the Dakar Arena, Senegal saw about 15,000 fans watch the Nigerian ladies overpower the tournament host Senegal to win back-to-back titles. The result means D’Tigress became the first team to retain FIBA Women’s AfroBasket title back-to-back since Angola followed up their 2011 triumph with another in 2013. On their way to the final, Nigeria eased past Mali, 79-58, in Friday’s first semifinal, while Senegal defeated Mozambique

By Dipo Olowookere The series of customer fora organised by First City Monument Bank (FCMB) Limited on export trade has been described as laudable and an impressive initiative as it will go a long way to assist the growth of businesses and activities of the government, particularly in its bid to diversify the nation’s economy through the Zero-oil strategy. The commendation came from the Emir of Kano, Alhaji Muhammed Sanusi II, Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr Olusegun Awolowo and other stakeholders who attended the customer forum of the Bank held in Kano on

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By Dipo Olowookere The Federal Government has refuted a claim by the Ekiti State Govrnor, Mr Ayodele Fayose, that the Federal Ministry of Finance has withheld statutory allocation due to his state. The Governor was at the Ministry’s office in Abuja few days ago to demand for the allocation, alleging that his findings show that Ekiti State was the only state in the federation yet to receive the money. Reacting to the issue, the Ministry, in a statement signed by its Director of Information, Mr Salisu Na’inna Dambatta, pointed out that the Ekiti State government has failed to comply with