Super Blogger Linda Ikeji Speaks with Peace Hyde on Setbacks, Others

By Adedapo Adesanya  A Nigerian rapper, Oladipupo Olabode Oladimenji, popularly known as Oladips, has died at the age of 28. According to a statement posted on his Instagram page, he passed away at exactly 10:14 pm on Tuesday, November 14, 2023. In the late hours of yesterday, videos made the rounds on social media of the Lalakukulala crooner seeming to have collapsed as his friends surrounded him. Before the video started to circulate, Oladips had taken to his Instagram stories to cry out for help as he mentioned one of his friends, @onlyonelifetime, and asked where he was. The rapper complained

By Adedapo Adesanya The House of Representatives has summoned controversial singer, Mr Azeez Fashola, popularly known as Naira Marley, to appear before it as part of moves to secure proper compensation and royalties for late singer, Mr Ilerioluwa Aloba (Mohbad) for his musical works. The deceased died on September 12 at the age of 27 over unclear circumstances. Following his death, documented history from the singer showed he had historically been threatened and suffered violence after his split from Mr Fashola’s Marlian Music last year. This sparked outrage, leading to government and security agencies’ involvement. Through its Committee on Justice,

By Modupe Gbadeyanka A popular Nigerian movie actor, Mr Sylvester Made, has returned to Nigeria after he survived a fatal attack in Cameroon some days ago. The Nollywood star had travelled to the neighbouring country for a movie job when some hoodlums attacked a fun spot where he had gone after shooting a film in the Bamenda region of Cameroon on Monday, November 25, 2023. It was gathered that the attackers stormed the location where the actor had gone to have fun after the day’s job and were asking for a settlement for bringing the Nigerian into the country. A

Nollywood has numerous actors and actresses who wear different characters to entertain us in movies. The steady rise of Nollywood talents in recent years is remarkable, and this is down to the investment of platforms like Africa Magic in talent discovery and commissioning/licensing of movies and series that cast budding talents. In celebration of Africa Magic at 20, here is a list of renowned Nollywood telnets who rose to stardom on the Africa Magic platform: Tobi Bakre: He’s no doubt one of the hottest talents around at the moment. Tobi rose to stardom on one of Africa Magic’s reality TV

By Adedapo Adesanya FBNQuest, the investment banking and asset management business of FBN Holdings Plc, has urged private mid-cap companies to carefully explore the capital financing options available in the local financial markets. The firm noted that equity and quasi-equity capital are important sources of financing for mid-cap companies seeking investment for their current operations and expansion initiatives. Speaking at a parley organised for representatives of the financial media on Thursday, Mrs Ijeoma Agboti, Managing Director, FBNQuest Funds, said that the current economic headwinds facing mid-cap businesses place a demand on business leaders to carefully plan their capital needs with

By Modupe Gbadeyanka An employee of First Bank Nigeria Limited, Mr Philips Orumade, has been apprehended by operatives of the Economic and Financial Crimes Commission (EFCC). According to a statement issued by the anti-graft agency on Tuesday, Mr Orumade was picked up by its officials from the Benin Zonal Office in Lagos. The banker had been on the run after he allegedly stole over N18 million from the lender’s ATM gallery last year and disappeared into thin air. In the statement, the EFCC said the suspect precisely went away with about N18.9 million from the Aduwawa branch of First Bank

By Ahmed Rahma The federal government has been asked by a Professor of Petroleum Economics and Policy Research and Director of Energy Information Division of the Center for Energy Studies, Mr Wunmi Iledare, to immediately suspend tax and other royalty on gas. This call was made at an event organised by the Nigerian Association for Energy Economists (NAEE) in Abuja themed Energy and Petroleum in a Post Covid-19 Word. In his presentation, Mr Iledare stated that tax and other royalty must immediately be removed to open up the sector for massive investment that would unlock the gas potential. The expert,

By Dipo Olowookere One of the top five biggest Chinese automobile manufacturers, Guangzhou Automobile Company (GAC Motor), has secured the exclusive rights for the flagship Forbes Africa television show, My Worst Day with Peace Hyde. The partnership comes after the successful launch of the first season of the programme, which profiled some of the leading business moguls in Africa, including Aliko Dangote, Folorunsho Alakija, Tonye Cole, Herman Mashaba, Emir Sanusi Lamido Sanusi among many others. The TV show is aired on CNBC Africa and is very popular among the business-oriented people in Africa. Commenting on the deal, Head of CNBC

By Adedapo Adesanya Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Mr Bolaji Owasanoye, has said Nigeria is expecting another installment of $400 million as part of funds looted by late Head of State, General Sani Abacha. Over the years, the country has been recovering monies looted and hidden by the former head of state who died in 1998 from foreign accounts in 12 countries. “Nigeria is presently awaiting the return of about $400 million from in the US, which is part of Abacha loot,” the ICPC boss said at the 42nd annual conference of the

By Adedapo Adesanya The Special Adviser to the President on Industry, Trade and Investment, Mr John Uwajumogu, has said that the administration of Mr Bola Tinubu would be utilising the potential of Free Trade Zones (FTZs) to drive the country’s industrial aspirations. Mr Uwajumogu made this known at a stakeholders’ meeting organised by the Nigeria Economic Zones Association in collaboration with the Nigeria Export Processing Zones Authority (NEPZA) and Oil and Gas Free Zones Authority (OGFZA) to proffer solutions to challenges confronting the smooth operations of the sub-sector. He said, ”The smooth operations of the scheme will accelerate the growth

By Dipo Olowookere The ley trading indices of the Nigerian Exchange (NGX) were in the red territory on Tuesday, which was the first trading day of the new month, November. Business Post reports that local stocks depreciated by 0.21 per cent during the session, shrinking the year-to-date gain to 2.41 per cent at the close of transactions. Data showed that the All-Share Index (ASI) went down by 93.35 points to 43,745.73 points from 43,839.08 points as the market capitalisation depleted by N51 billion to close at N23.827 trillion, in contrast to the previous day’s N23.878 trillion. A total of 172.9

By Dipo Olowookere Investors who wish to buy the N50 billion series 2 bonds of Dangote Cement Plc can now begin to do so as the subscription has commenced. Recall that the board earlier in the week said it was going to the capital market to source funds for its expansion projects, refinancing of existing short-term debt and general corporate purposes, subject to “favourable market conditions.” Business Post reports that the board, now satisfied that the sale can go ahead, is offering the corporate debt instrument in three tenors of 5 years, 7 years and 10 years. The pricing range