Author: Ifetayo Adeniyi

Nigeria, Chinese investors partner to inject $1bn into sugar industry The Vice President of SINOMACH, Li Xiao Yu (L), with the Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin (R), during the signing ceremony. Nigeria, Chinese investors partner to inject $1bn into sugar industry The National Sugar Development Council has signed a Memorandum of Understanding with Chinese conglomerate, SINOMACH, for a sugarcane cultivation and processing project that aims to produce up to one million metric tonnes of sugar annually in Nigeria. According to a statement on Sunday, the agreement, a product of the Nigeria-China Strategic Partnership…

Wole Soyinka registers displeasure on Eedris Abdulkareem’s ban Eedris Abdulkareem Courtesy of an artist operating in a different genre – the cartoon – who sent me his recent graphic comment on the event, I learnt recently of a return to the culture of censorship with the banning of the product of a music artist, Eedris Abdulkareem. My position is that such a progressive move by the government and its agencies does not go far enough. It is not only the allegedly offensive record that should be banned – the musician himself should be proscribed. Next, PMAN, or whatever…

Tinubu rejoices with Tunde Folawiyo at 65 President Bola Tinubu Tinubu rejoices with Tunde Folawiyo at 65 * Tinubu praises his effort in job creation and attracting capitals. President Bola Tinubu has congratulated the Chairman and CEO of Yinka Folawiyo Group, Mr Tijani Folawiyo, on his 65th birthday. In a tribute by the President released on Sunday, Tinubu described Folawiyo as “a beacon of Nigeria’s entrepreneurial excellence and a steadfast advocate for national progress.” This was contained in a statement signed by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga. The President commended the business mogul for his contributions…

Nigerian gas sector has attracted beyond $5bn in investments in 2024 Nigerian gas sector has attracted beyond $5bn in investments in 2024 * Investment stand as testament to growing global confidence. The Nigerian Gas Association (NGA) says the gas sector has attracted more than five billion dollars in new investments as at 2024. Mr Akachukwu Nwokedi, President of the NGA, disclosed this during a news conference on Saturday in Lagos, ahead of the 29th World Gas Conference (WGC 2025) scheduled for May 19 to May 23 in Beijing, China. He said that the investments meant that there had been growing…

Soft drinks market: Nigeria ranks top in Africa Soft drinks Soft drinks market: Nigeria ranks top in Africa Soft drinks market: Nigeria ranks top in Africa. Nigeria’s soft drinks and beverage market continues to show strong growth potential, making it the leading consumer of soft drinks in Sub-Saharan Africa, according to the German Mechanical Engineering Industry Association. The VDMA disclosed during a press conference held in Lagos ahead of drinktec 2025, that Nigeria consumed over 53 billion litres of soft drinks in 2024, placing it well ahead of other African countries such as Ghana and South Africa. Despite challenges such…

Lisabi Festival: Culture, glamour on display at ‘Ègbáliganza’ Lisabi Festival: Culture, glamour on display at ‘Ègbáliganza’ *Dignitaries gather to celebrate. Abeokuta, the ancient city cuddled in the heart of Ogun State, pulsed with renewed energy last weekend as it played host to the 2025 edition of the Lisabi Festival, themed ‘Ègbáliganza’. More than a celebration, the festival was a stylish statement of identity, pride, and economic possibility. At the heart of Ègbáliganza is Lisabi Agbongbo Akala, who is said to be a fearless Egba warrior that led a legendary revolt against the oppressive Oyo Empire in the 18th century. As…

Fitch upgrades Nigeria’s credit based on policy reforms of the presidency Fitch upgrades Nigeria’s credit based on policy reforms of the presidency * Upgrade shows confidence in the government’s commitment to policy reforms Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’, from ‘B-‘ with a stable outlook. According to the rating commentary issued late Friday, “The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.…

Gabon engages in first presidential election after 2023 coup Campaign billboard of Gabon’s Junta chief Brice Oligui Nguema Gabon engages in first presidential election after 2023 coup Gabonese voters began casting ballots on Saturday in a presidential election with eight candidates that is widely expected to make junta chief Brice Oligui Nguema the oil-rich central African country’s first elected leader since his 2023 coup. Oligui, the general who led the August 30, 2023, putsch that ended 55 years of iron-fisted dynastic rule by the Bongo family, who were accused of looting Gabon’s wealth, has been leading in opinion polls. Snaking…

Kizz Daniel Addresses Fans To Quit Persistent Online Begging Kizz Daniel Kizz Daniel Addresses Fans To Quit Persistent Online Begging Popular Nigerian music star Oluwatobiloba Daniel Anidugbe, widely known as Kizz Daniel, has openly addressed a growing concern among his fanbase. Kizz Daniel Addresses Fans To Quit Persistent Online Begging. The singer recently took to his official X handle to voice his frustration over repeated requests for money from his fans, who are fondly called the Vaddicts. In what seemed like a firm yet heartfelt message, Kizz Daniel urged his followers to put an end to the constant financial pleas…

Annie Idibia, Amidst Marital Controversy, Responds To 2Baba’s Lover’s Aunt Annie Idibia, Amidst Marital Controversy, Responds To 2Baba’s Lover’s Aunt. Nollywood actress Annie Macaulay Idibia has stirred reactions online after a surprise show of love from an unlikely unexpected source Omosedei Gabriella Igbinedion, the daughter of the Esama of Benin. With this, another gesture has been added to the twist to her ongoing separation from music icon, 2Baba. Annie recently shared a series of glamorous photos and videos to tease her major comeback. Her post sparked attention across social media as fans assumed she was trying to reclaim her space…