A reflection on 2021 Mandela Day

July 18, 2021 Blueprint 0

Yesterday, Nigeria joined the rest of the world to mark this year’s Nelson Mandela International Day, also known as Mandela Day. The theme of this year’s celebration is “One Hand Can Feed Another”. The theme prioritises action against hunger and continuing fight against poverty. The Nelson Mandela Foundation calls on all Nelson Mandela Day Global Network to help alleviate hunger Read More

Breaking: Ex-South African President, Jacob Zuma, surrenders to Police

July 8, 2021 BBC 0

South Africa’s former President Jacob Zuma has handed himself in to police to begin serving a 15-month jail sentence for contempt of court. He was admitted to Estcourt Correctional Centre in his home province of KwaZulu-Natal on Wednesday. Police had warned that they were prepared to arrest him if he did not hand himself in by midnight. Zuma, 79, was Read More

Access Bank South Africa sees success amidst tough competition

June 29, 2021 Blessing Anaro 0

Nigeria’s Access Bank PLC faces tough competition from incumbents as it ramps up operations in South Africa, but it could find success in niche markets. On May 27, Access renamed its recently acquired unit Grobank Ltd. as Access Bank South Africa Ltd. At a press conference to mark the rebranding, the unit’s managing director, Bennie van Rooy, said the bank Read More

Corruption: Ex-President Jacob Zuma to spend 15-months in prison

June 29, 2021 Bode Olagoke 0

Jacob Zuma, former president of South Africa, was found guilty of contempt of court on Tuesday, and sentenced to 15 months in jail. South Africa’s Constitutional Court gave the sentence after Zuma failed to appear at the inquiry led by Deputy Chief Justice Raymond Zondo in February. The inquiry is examining allegations of high-level graft during Zuma’s period in power Read More

Dangote to export fertilizer to U.S, Brazil next month

June 22, 2021 Blessing Anaro 0

Nigerian billionaire Aliko Dangote’s new fertiliser plant near Lagos will export its first shipment in late June or early July, to Louisiana, while the majority of exports from the plant are expected to go to Brazil, Dangote said on Tuesday. The new plant at the Lekki Free Zone in Lagos State, designed to manufacture 3 million tonnes of urea per Read More

Again, UAE imposes travel ban on Nigerians

June 22, 2021 Suleiman Idris 0

Barely forty-eight hours after the United Arab Emirates (UAE) announced the lifting of the hitherto imposed travel ban on the trio of Nigeria, India and South Africa, the Middle East nation on Monday morning rescind the decision when it disclosed that contrary to its earlier pronouncements, all exit and entry flights to and from the cities of Lagos and Abuja Read More

Covid-19: Foundation to honour Buhari, Weah, other African leaders

June 18, 2021 Uko Etim 0

The Global Peace Foundation International through its International Organising Council for African Leadership has concluded plans to honour African presidents who played critical roles in curbing Covid-19 pandemic on the continent. The Ntisong Ibibio III, Imperial Majesty, Dr. Essien Ekidem, disclosed this Friday in Uyo, while briefing newsmen on the forthcoming African Leadership Icon Awards to be held in Nigeria, Read More

Breaking: Zambia ‘s first President, Kenneth Kaunda, is dead

June 17, 2021 Al Jazeera 0

Kaunda, who ruled Zambia from 1964 to 1991, died at a hospital in Lusaka where he was being treated for pneumonia. Kenneth Kaunda, Zambia’s founding president and liberation hero, has died at a military hospital in Lusaka where he was being treated for pneumonia, his son, Kambarage, said on Thursday. He was 97. Kaunda ruled Zambia from 1964, when the Read More

NASS moves to legalise Indian hemp

May 17, 2021 Barnabas Olabisi 0

Enlightenment on the need for Nigeria to join other countries in Africa to legalise Indian Hemp, popularly called “Marijuana” continues, even as the House of Representatives concluded arrangements to organise a two – day stakeholders roundtable on the benefits of the plant. The date for the stakeholders forum, which will attract participants among scientists, medical and pharmaceutical professionals, farmers, insurance Read More

Harith launches multi-billion naira infrastructure top up fund

May 6, 2021 Suleiman Idris 0

Africa infrastructure investors, Harith General Partners, has announced the launch of $200 million (about N76.1 billion naira) capital raise in a follow-up fund to its Pan African Infrastructure Development Fund (PAIDF) 2, which it said is open to existing and new investors. The PAIDF 2 Infrastructure Top Up Fund is a shorter term vehicle (5-to-6 years) that is being established Read More

MTN takes advantage of low yields, issues N100bn fixed rate bond

May 6, 2021 Blessing Anaro 0

MTN Nigeria has issued a N100 billion ($263 million) fixed rate bond in the first quarter of 2021, due in seven years, under a N200 billion bond programme to refinance existing debt and support network expansion. Yields in Nigeria are at historic lows after the central bank cut rates twice last year to lower borrowing costs for the government, creating Read More

UFC to fight in Africa in 2022 in honour of Kanaru Usman

April 26, 2021 Bode Olagoke 0

As Nigerian born African champion, Kanaru Usman knocked out Jorge Masvidal to retain world MMA title as the world welterweight champion in the early hours of Sunday 25th April 2021 (WAT), the Ultimate Fighting Championship (UFC) is set to stage the 2022 champions fight in Africa in honour of the current champion.  Following Kamaru Usman’s electrifying title defense, at the weekend, the Read More

Ghana edges out Nigeria in FDI earnings for 2020

April 22, 2021 Segun Odunewu 0

Just as global foreign direct investment (FDI) collapsed in 2020, falling 42 per cent from $1.5 trillion in 2019 to an estimated $859 billion, latest UNCTAD Investment Trends Monitor showed that Ghana edged out Nigeria in value of earnings by $.1bn. Otherwise, whereas Ghana received a total of 279 FDI projects valued at $2.7 billion in 2020 despite the COVID-19 Read More

New dawn at Streamcent as Adrian Ogun takes charge

April 16, 2021 Blueprint 0

Streamcent, a digital platform that streams sports and entertainment videos and live shows, recently announced the appointment of Dr. Adrian Ogun as its chairman. In this report CHIZOBA OGBECHE examines Ogun’s pedigree and the implication of his appointment. Sports and entertainment streaming digital platform, Streamcent, has a characteristic of an African perspective, but with world-wide appeal hence the appointment of Read More

PDP lacks credentials to govern Nigeria again- APC

April 15, 2021 Bode Olagoke 0

The ruling All Progressives Congress (APC) has said that the opposition Peoples Democratic Party (PDP) lacks the needed credentials that it takes to be considered as a governance option. Reacting to PDP statement that APC led administration “misrule” was responsible for Twitter’s decision to cite its African operations in Ghana, the Secretary of the Caretaker Extra-Ordinary Convention Planning Committee (CECPC) Read More

Access Bank takes top spot as Nigeria’s biggest bank by asset

April 1, 2021 Blueprint 0

An appreciation of N1.537 trillion or 21.6 percent within one year has ramped up the asset value of Access Bank Plc to N8.680 trillion, making it Nigeria’s biggest lender in that rating category. Jim Ovia-led Zenith Bank hogged the prime spot for 37 days since February 23, when the release of its audited financial statement for 2020 put its asset Read More

Nigeria can win AFCON – Egbayelo

April 1, 2021 Akeem Busari 0

… Calls for early preparations Nigeria’s qualification for next year’s AFCON slated to hold in Cameroun has continued to elicit excitements among lovers of Nigerian football at home and diaspora. Speaking from his base in Tokyo, Japan, sportspreneur and president of Iganmu FC, Abayomi Egbayelo expressed his happiness on the feat achieved by Super Eagles who defeated Lesotho 3-0 in Read More

Access Bank invests $60m to acquire South Africa’s bank

April 1, 2021 Blessing Anaro 0

Access Bank, Nigeria’s biggest lender has invested around $60 million to acquire a stake in South Africa’s Grobank, its chief executive said on Tuesday, to become the first Nigerian lender to venture into South Africa. Access Bank thus becomes the first Nigeria bank to venture into South Africa. Access invested both equity and debt in the South African bank, part Read More

AWF finally returns

March 26, 2021 Blueprint 0

In a statement on Friday, the forum announced that Nnorom Azuonye, James Murua and Michal Musiałowski will be on the debut edition of AWFLinkUp via Zoom, on March 28, 2021 from 4-6pm Nigerian time. Azuonye is a dramatic artist, poet, interviewer, literary editor and publisher based in London. He is also founding administrator, Sentinel Writing & Publishing Company, editor of Read More

COVID-19: Group clears air on Oxford/AstraZeneca vaccine, urges citizens to support NPCDA’s efforts

March 25, 2021 Editor 0

The National Vanguard for Covd-19 Vaccine Administration and Advocacy says there is no need for panic over the Oxford/AstraZeneca vaccine, assuring Nigerians that it is safe and effective for the cure of the coronavirus.  The group, which gave this assurance at a press conference on Thursday in Abuja, noted that the benefits of the vaccine outweigh the risk or any Read More

Tata Int’l Nigeria introduces 5-year warranty on commercial vehicle range

March 18, 2021 Ahmid Lawal 0

Tata International-Nigeria has introduced a best-in-class standard warranty of five years on its entire medium, heavy and extra heavy commercial vehicle range. The five-year warranty is the first-of-its-kind in Pan Africa applies to the full range of Tata trucks and buses as well as Daewoo trucks in all 12 markets in which Tata International Africa operates.In a statement, the CEO Read More

Stock market continues in free fall, down to N20.2trn

March 14, 2021 Blessing Anaro 0

The domestic equities market last week extended bearish sentiment, as investors took profit from high valued stocks despite impressive performance from earnings releases. Accordingly, the Nigerian Stick Exchange (NSE) All Share Index (ASI) fell 1.7 per cent week-on-week (w/w) to settle at 38,648.48 points. Similarly, Year-to-Date (YTD) loss worsened to -4.0 per cent while market capitalisation declined ₦357.4bn w/w to Read More

Nigeria lagging behind in $11trn digital economy – NITDA

March 13, 2021 Taiye Odewale 0

As far as digital economy in the world is concerned, which is valued at $11trillion, Nigeria despite its huge population and potentials, is lagging behind, according to the Director General of National Information Technology Development Agency ( NITDA), Mallam Kashifu Inuwa. This is as the Senate has urged the agency to fast track the process of making the country an Read More