SILVERBIRD SUCCESSFULLY HOSTS INAUGURAL FOOD BATTLE COMPETITION, ANNOUNCES WINNERS WITH CIMPLE FOODS’ SUPPORT
Silverbird Group, a leading name in entertainment and media, successfully hosted the much-anticipated Silverbird's World of Records (SWORD) Food Battle at the Silverbird Galleria. The electrifying competition brought together talented contestants, cheering audiences, and a memorable showcase of food, stamina, and excitement. The Food Battle crowned Abia Emmanuel Chukwuebuka as the 1st place winner, who earned a grand cash prize...
SCOA Nigeria Rejects Criticism of CEO Massad Boulos’ Appointment to Trump Administration
SCOA Nigeria Plc has issued a strong rebuttal against recent media reports criticizing the appointment of its Managing Director/Chief Executive Officer, Mr. Massad Boulos, as a Senior Adviser on Arab and Middle East Affairs to the President-elect. The company dismissed these criticisms as “baseless and misguided,” labeling them a smear campaign driven by those unfamiliar with Boulos's extensive business...
Dangote Refinery Fuels Export Growth, Attracts Japanese Investment
The Dangote Refinery is making significant strides in the global energy market, with recent exports of Premium Motor Spirit (petrol) to neighboring countries like Cameroon, Angola, Ghana, and South Africa. This news, coupled with the growing demand for its diesel and jet fuel, solidifies the refinery's position as a key player in the international energy landscape. The refinery's success...
CBN Slams N150m Fine on Banks for Funding Currency Hawkers
The Central Bank of Nigeria (CBN) has issued a strong warning to Deposit Money Banks (DMBs), announcing a hefty fine of N150 million per branch for facilitating the illegal flow of mint naira notes to currency hawkers. This move underscores the apex bank's determination to combat the commodification of the naira and ensure the smooth and efficient distribution of...
IMF Chief Commends Nigeria’s Economic Reforms
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Nigeria's recent economic reforms under the leadership of President Bola Tinubu. Following a meeting at the G20 Summit in Brazil, Georgieva expressed her admiration for the country's decisive actions to stimulate growth and create jobs. In a statement on X, Georgieva emphasized the IMF's strong support for Nigeria's ongoing economic...
NITDA and TikTok Partner to Foster Online Safety in Nigeria
The National Information Technology Development Agency (NITDA) and TikTok have joined forces to promote online safety and digital well-being in Nigeria. The partnership, under NITDA's "Safer Together" initiative, aims to educate and empower Nigerians to navigate the digital landscape responsibly. As Nigeria continues to embrace technological advancements, the need for robust online safety measures has become increasingly important. The rapid...
VerveLife Continues to Empower Youth Through Wellness and Community Building
VerveLife, Africa's premier wellness program, has further solidified its position as a leading advocate for healthy living and community engagement. The seventh edition of the program has successfully expanded its reach across Nigeria and other African countries, focusing on empowering the youth through wellness initiatives. Interswitch Group, the parent company of Verve, has been instrumental in driving this initiative. Mitchell...
Zenith Bank Powers Innovation: N77.5m in Prizes Awarded at Tech Fair
Zenith Bank has once again demonstrated its commitment to fostering innovation and empowering young talents. The bank's fourth annual Tech Fair, themed "Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI," concluded with the awarding of N77.5 million in prize money to 10 talented contestants. JumpnPass emerged as the overall winner, securing a grand prize...
Interswitch Highlights Border Restrictions as Hurdle to African Digital Growth
Akeem Lawal, Managing Director for Payment Processing and Switching at Interswitch, has identified rigid border systems and currency disparities as major obstacles hindering the growth of digital technology and businesses across Africa. Speaking at the Interswitch Techconnect 4.0 conference in Lagos, Lawal emphasized that these barriers limit cross-border transactions and impede the seamless flow of goods and services. He expressed...
Government’s Economic Reforms Set Stage for Industrialization and Job Creation
Finance Minister Wale Edun has announced that Nigeria's macroeconomic environment is now stable and investor-friendly, thanks to the government's recent economic reforms. These reforms, which include the removal of fuel subsidies and the unification of the foreign exchange market, are aimed at stimulating economic growth and attracting foreign investment. Edun emphasized that these measures have not only stabilized the economy...
