The Devastating Consequences of Local Government Maladministration in Nigeria

By Shamsudeen Abubakar Makolo



24th August 2024 - Nigeria, a country with vast resources and potential, is facing a daunting challenges that is linked to the devastating consequences of local government maladministration. For decades, the mismanagement and ineptitude of local government administration have hindered economic development, exacerbated poverty, and undermined the quality of life for millions of citizens. The recent supreme court judgment on local government autonomy offers a glimmer of hope for reform, but the journey ahead will require collective effort and commitment. As a concerned citizen and advocate for good governance, I am compelled to highlight the severe consequences of local government maladministration in Nigeria and urge immediate action to revitalize local economies, restore public trust, and ensure a brighter future for all citizens.

Nigeria's economy and citizenry have suffered greatly due to the mismanagement and ineptitude of local government administration. This has led to a surge in rural-urban migration, leaving villages deserted and fueling irregular and unsafe migration across international borders.

Local government maladministration has hindered economic development, leading to a lack of investment, infrastructure decay, and reduced economic opportunities. In fact, it's estimated that Nigeria has lost over ₦100 billion in revenue due to inefficient tax and revenue collection. Inefficient collection of taxes and revenues has resulted in significant financial losses, further exacerbating economic stagnation.

Poor delivery of essential services like healthcare, education, and sanitation has negatively impacted citizens' quality of life. According to a report by UNICEF, Nigeria's infant mortality rate is 69 deaths per 1,000 live births, one of the highest rates in the world. Inadequate healthcare and education have resulted in poor health outcomes and a lack of skilled workforce.

The exodus of people from rural areas to cities has led to overcrowding, strain on resources, and increased poverty. In fact, it's estimated that over 50,000 people migrate from rural areas to cities every year in search of better opportunities. Once-thriving villages now lie empty, as residents seek better opportunities in urban centers. Desperate citizens risk their lives migrating internationally, often falling prey to human traffickers and exploitation.

Maladministration has widened the poverty gap, leaving vulnerable populations without access to basic necessities of life. According to a World Bank report, the poverty rate is estimated to have reached 38.9% in 2023, with an estimated 87 million Nigerians living below the poverty line — the world’s second-largest poor population after India. Frustration and desperation have led to increased social unrest, crime, and insecurity.

To address these devastating consequences, the recent supreme court judgment on local government autonomy must be fully implemented, followed by reforms in local government administration by implementing effective governance structures, transparency, and accountability. Invest in rural development by providing infrastructure, economic opportunities, and essential services to revitalize rural areas. Address migration drivers by tackling poverty, inequality, and lack of opportunities through initiatives like job creation, vocational training, and social protection schemes.

Citizen participation and engagement are crucial for sustainable change. Therefore, I urge all Nigerians to take ownership of the reform process and demand accountability from their local leaders.

Nigeria's future depends on addressing the devastating consequences of local government maladministration. It is imperative to take immediate action to revitalize local economies, restore public trust, and ensure a brighter future for all citizens. Together, we can make a difference and create a better Nigeria.

Recommendations:

1. Implement the supreme court judgment on local government autonomy
2. Reform local government administration to ensure effective governance, transparency, and accountability
3. Invest in rural development to revitalize rural areas
4. Address migration drivers through initiatives like job creation, vocational training, and social protection schemes
5. Encourage citizen participation and engagement in the reform process

By working together, we can create a better future for Nigeria and ensure that local government maladministration is a thing of the past.

By Faleye Oluwatosin


Nigeria, Africa's most populous country, has been grappling with significant socioeconomic challenges that affect a broad spectrum of its citizens. The hardships stem from multiple factors, including economic instability, high unemployment rates, inflation, corruption, and inadequate infrastructure. These issues have created a cycle of poverty and frustration among the populace.

Key Issues Contributing to Hardship

Economic Instability:

Inflation: Nigeria has been experiencing persistent inflation, leading to a sharp increase in the cost of living. Essentials like food, fuel, and healthcare have become more expensive, straining household budgets.


Currency Devaluation: The Nigerian Naira has weakened against major foreign currencies, making imports more costly and increasing the burden on consumers.

High Unemployment Rates: With a large youth population, the lack of job opportunities is a critical issue. Many young Nigerians are either unemployed or underemployed, leading to widespread frustration and a sense of hopelessness.

Insecurity:

Terrorism and Insurgency: Regions like the Northeast have been plagued by Boko Haram insurgency, leading to loss of lives, displacement, and economic disruption.

Banditry and Kidnappings: Other parts of the country, particularly in the Northwest and Southeast, face challenges from bandits and kidnappers, which has further destabilized communities and discouraged investment.

Corruption:

Mismanagement of Resources: Corruption at various levels of government has led to the misallocation and embezzlement of public funds, hindering development projects and essential services.

Lack of Transparency and Accountability: The absence of effective checks and balances has allowed corrupt practices to flourish, exacerbating economic inequalities.

Infrastructure Deficit:

Poor Roads and Transportation: Inadequate road networks and poor transportation infrastructure have hampered economic activities and increased the cost of doing business.

Electricity Shortages: Persistent power outages and an unreliable electricity supply have stifled industrial growth and increased operational costs for businesses.

Health and Education: The healthcare system is underfunded and overwhelmed, while the education sector suffers from poor funding, inadequate facilities, and low-quality teaching.

Social Inequality:

Wealth Disparity: A significant gap exists between the wealthy and the poor, with a small elite controlling much of the country's resources while a large portion of the population lives in poverty.

Gender Inequality: Women in Nigeria often face systemic barriers in accessing education, healthcare, and economic opportunities, contributing to broader social inequalities.


Way Out: Potential Solutions

Economic Reforms:

Diversification: Nigeria's economy is heavily reliant on oil. Diversifying into agriculture, manufacturing, and technology can create jobs and reduce vulnerability to global oil price fluctuations.

Support for SMEs: Small and medium-sized enterprises (SMEs) are the backbone of any economy. Providing access to finance, reducing regulatory burdens, and offering technical support can help these businesses thrive.

Monetary Policies: Implementing policies that stabilize the currency and control inflation is crucial to restoring purchasing power and economic stability.

Improving Security

Strengthening Security Forces: Investing in training, equipment, and intelligence for the police and military can help combat terrorism, banditry, and kidnappings more effectively.

Community Policing: Engaging local communities in security efforts can improve trust and cooperation, leading to better crime prevention and resolution.

Fighting Corruption:

Institutional Reforms: Strengthening institutions like the judiciary, anti-corruption agencies, and law enforcement can enhance transparency and accountability.

Public Awareness and Engagement: Educating the public about the impact of corruption and encouraging citizen participation in governance can help hold leaders accountable.

Infrastructure Development

Public-Private Partnerships (PPP): Collaborating with the private sector to fund and manage infrastructure projects can accelerate development in areas like transportation, energy, and telecommunications.

Renewable Energy Investment: Investing in solar, wind, and hydroelectric power can help address the electricity deficit and reduce reliance on fossil fuels.

Social Welfare Programs

Education and Skill Development: Expanding access to quality education and vocational training can empower the youth and reduce unemployment.

Healthcare Access: Improving healthcare infrastructure, particularly in rural areas, and implementing universal health coverage can enhance the quality of life.

Poverty Alleviation Programs: Direct cash transfers, food security programs, and affordable housing initiatives can provide immediate relief to those most affected by poverty.

Promoting Social Equity

Gender Equality Initiatives: Ensuring equal access to education, healthcare, and economic opportunities for women can foster a more inclusive society.


Reducing Wealth Disparity: Progressive taxation, social safety nets, and fair wage policies can help bridge the gap between the rich and the poor.


Conclusion
Addressing the hardships in Nigeria requires a multi-faceted approach that involves economic reform, infrastructure development, security enhancement, anti-corruption measures, and social welfare programs. While these challenges are significant, with concerted efforts from the government, private sector, and civil society, Nigeria can create a more stable and prosperous future for its citizens.




Faleye Oluwatosin Simon

Journalist from Lagos

By Shamsudeen Abubakar Makolo


Abuja, Nigeria - In 1999, during President Olusegun Obasanjo's presidency the State and Local Government Joint Account was introduced using the 1999 constitution, a system that inadvertently enabled the misappropriation of local government funds. This move compromised the integrity of the local government structure, intended to be the third tier of government. The consequences were far-reaching, leading to a decline in local governance and public service delivery.

The Consequences of Joint Account

The joint account system allowed state governments to exercise significant control over local government funds, creating an environment ripe for corruption and mismanagement. This led to:

1. Misappropriation of Funds: Local government revenues were siphoned off, depriving communities of essential public services and infrastructure. For instance, in 2019, a report by the Nigerian Audit Office revealed that over N10 billion was misappropriated from local government funds in a single state.

2. Decay of Local Governance: The third tier of government, meant to be closest to the people, became ineffective, and local governments struggled to fulfill their constitutional responsibilities. As a result, many local governments failed to provide basic services such as healthcare, education, and sanitation.

3. Inequitable Development: The concentration of power and resources at the state level exacerbated regional disparities, hindering balanced national development. For example, some states received significantly more funding than others, leading to unequal distribution of resources.

4. Lack of Transparency: The joint account system made it difficult to track how funds were being used, leading to a lack of transparency and accountability. This was evident in the numerous cases of corruption and embezzlement that went undetected for years.

5. Inefficient Service Delivery: The joint account system led to inefficient service delivery, as local governments were unable to respond effectively to community needs. This resulted in poor road networks, inadequate healthcare facilities, and substandard education.

6. Underdevelopment: The joint account system hindered local economic development, as funds meant for development projects were misappropriated or misused. This led to underdevelopment in many local areas, with communities lacking basic infrastructure and amenities.

The end for all of these and more is in sight as the present administration has made it a cardinal priority so as to ensure that the people who are the actual owner of sovereignty and common wealth can have significant access.

A Breakthrough: Supreme Court Judgment

In a landmark ruling by Justice Emmanuel Agim (JSC) the lead judge of the 7 member panel on the 11th of July 2024, the Supreme Court has granted local governments full autonomy, liberating them from the shackles of state control. This judgment marks a significant milestone in Nigeria's quest for effective local governance.

The Supreme Court's decision will:

1. Empower Local Governments: Local governments can now manage their finances, make independent decisions, and respond to community needs.

2. Foster Grassroots Development: Autonomy will enable local governments to drive development initiatives, tailoring solutions to local contexts.

3. Enhance Accountability: With control over their finances, local governments will be more accountable to their constituents, promoting transparency and good governance.

President Tinubu's Commitment

President Bola Tinubu's administration has demonstrated a commitment to strengthening local governance. The Supreme Court's judgment aligns with his vision for a more decentralized and effective system of government.

A New Era for Local Governance

The granting of full autonomy to local governments marks a new chapter in Nigeria's political history. As local governments assume their rightful place as the third tier of government, citizens can expect improved public service delivery, enhanced accountability, and more inclusive development. The journey to autonomy has been long, but the promise of a brighter future for local governance in Nigeria has finally been realized.

In Conclusion

The Supreme Court's landmark ruling granting local governments full autonomy is a significant milestone in Nigeria's quest for effective local governance. By empowering local governments to manage their finances and make independent decisions, this ruling paves the way for improved public service delivery, grassroots development, and enhanced accountability. As Nigeria embarks on this new era of local governance, citizens can expect a more decentralized and effective system of government, where their voices are heard and their needs are prioritized. With President Tinubu's administration committed to strengthening local governance, the future of Nigeria's local governments looks brighter than ever.

Cash "Aye-ko-ooto" Onadele: A Roaring African Voice Calling for Change through the Arts

By Bolaji Israel

The arts and their promoters have long served as powerful voices for inspiring and enforcing radical changes across social, political, economic, and cultural landscapes.

Nigeria, and Africa more broadly, has suffered from poor leadership characterised by corruption, nepotism, widespread poverty, stunted development, inequality, loss of identity, erosion of cultural values, and a troubling craving for foreign lifestyles, among other social maladies.

These issues have marred the promising trajectory of a nation with over 200 million people, rich in both natural and human resources, especially since the onset of its current fourth democratic era in 1999.

One of the literary voices leveraging the power of the arts—particularly drama—to inspire change in Nigeria and Africa is Cash Akinyemi Onadele, also known as Aye-ko-Ooto. He is a prolific writer and a culture-aware philosopher, poet, and playwright.

His passion for literature was nurtured by his childhood experiences with his farmer grandparents, who filled his early years with captivating stories. This foundation sparked his interest in literature, and despite earning a Master’s degree in Agronomy, he ultimately found his voice in the realm of the arts.

Onadele firmly believes that the erosion of cultural identity has distorted the mindset of many Nigerians, leading them to embrace foreign influences—revised histories, religions, lifestyles, foods, music, and addictions—instead of the indigenous practices that have proven their worth for centuries before European colonisation.

Through his art, he passionately calls on Africans to return to their roots and heritage as a critical first step towards achieving comprehensive social and economic development. He asserts that a lost mind, devoid of identity, cannot effectively contribute to nation-building.

Despite spending considerable time in Europe and America gaining valuable experience and writing extensively, Onadele has remained true to his African roots, a theme that permeates his impressive body of literary work, which includes over 109 collections of plays, poetry, and prose.

His latest play, "Eni Ogun" (The Noble Warrior), produced with the support of the business sector led by FirstBank, was performed in July across Lagos and Ogun States at iconic venues such as the Muson Centre in Lagos Island and the June 12 Cultural Centre in Abeokuta, in celebration of Prof. Wole Soyinka’s 90th birthday.

Through the play, Aye-ko-ooto not only celebrates Soyinka’s artistic exploits but also tackles critical issues of leadership, identity crisis, culture, values, class, history, and corruption in Nigeria through the lens of history, aligning with Soyinka's radical ideologies.

The protagonist—a representation of Professor Soyinka—is the young and charismatic Oluwole Lowo, a noble prince and warrior who, despite his preference for a private life of hunting, teaching, and romance with his intended, Olasope, becomes the conscience of society, catalysing a seismic shift in leadership and community dynamics.

Set in the colonial era of 1884/1885, the fictional play delves into themes of colonial invasion and subjugation, love, leadership, cultural beliefs, religion, and corruption.

Onadele weaponises the protagonist’s struggles as a potent catalyst for the community’s collective demand for positive change, ultimately leading to the natives’ triumph over their oppressors.

The over two-hour play, an adaptation from the drama emerges as a clarion call for Nigerians and Africans to unite, shed foreign identities and practices, rediscover true histories and heritage, embrace indigenous customs and cultures, advocate for responsible leadership, and strive for an egalitarian society characterised by development.

In an interview with THECONSCIENCE NG, the playwright unveiled the philosophy underpinning the play: “Every soul has a shell,” inspired by Wole Soyinka’s play, “Death and the King’s Horseman” (1975).

He stated, “I distilled the essence of this quote and wrapped literature around it to explore the persona. The story is rich and layered. My aim was to celebrate a dramatist with a drama. I sought the deeper meaning of the quote, combining romantic comedy with beautiful literature, all interwoven with the story of our people.”

Aye-ko-Ooto elaborated on the underlying philosophy: “Every soul has a birthplace, representing identity; every soul is nurtured, reflecting culture; every soul is loved, embodying passion; and every soul has a noble purpose tied to tribal citizenship. When faced with adversity, every soul must summon the courage of character. Ultimately, every soul carries a message, and that message is your inheritance.

“The essence is clear: if you fail to find your identity, neglect your citizenship, and do not stand up for your values in troubled times, you leave your children without an inheritance.”

Onadele described Wole Soyinka as an enigma—a literary cult hero, cultural icon, champion of freedom, and an unwavering advocate for justice, who also holds a deep affection for children. He shared a personal connection with Soyinka, emphasizing the playwright’s commitment to preserving cultural artifacts as an undeniable ambassador of culture.

To promote the Yoruba language and culture, Aye-ko-Ooto intentionally wrote parts of the play in Yoruba, encouraging European audiences to engage more deeply with the language.

In response to the alarming decline in cultural awareness and identity among young Nigerians, the playwright urged the government to embrace ethnography—a principle that prioritizes narratives rooted in African stories. He advocated for increased funding, including prizes and grants, for works celebrating African culture over those with foreign plots.

He called on well-meaning Nigerians to treat artists and their promoters with respect, rather than viewing them as beggars, while encouraging greater support for the arts based on merit.

Onadele, who also has a background in Artificial Intelligence (AI) from his time in Europe, recalls how being exposed at an early age to the works of renowned Nigerian author of Yorùbá heritage, Chief Daniel Olorunfẹmi Fágúnwa (commonly known as D. O. Fágúnwà), inspired his own interest in writing. For him, the Yoruba native voice adds authenticity to storytelling.

According to Onadele, who has built the world’s largest library of individual poetry produced by any single author, every success story has humble beginnings.

Earlier this year, Aye-ko-Ooto was in his element at the Lagos Book and Art Festival (LABAF), dubbed Africa’s largest cultural picnic, where he conducted a two-day mentorship session with undergraduate students from the Creative Arts Department at the University of Lagos on the first day at Kongi’s Harvest Gallery, Freedom Park, Lagos.

Onadele also hosted another mentorship programme for pupils from various public primary schools.

The prolific writer engaged young people on the value of literature while unveiling an endowment for literary prizes in both Yoruba and English languages. It was a rich, educational, and inspiring experience for participating students, as Onadele shared insights from his journey as a writer, despite having a BSc. and MSc. in Agronomy.

Through Adubiifa Network Company (ANC), a multi-media literary, theatre, and movie company, he employs performance theatre as a means to drive change.

His productions have gained recognition from major players like the Wole Soyinka International Cultural Exchange (WSICE) and the Centre for Black and African Arts and Civilization (CBAAC).

Onadele’s name continues to resonate in the literary space, where calls for major shifts and changes in Nigeria keeps growing louder.

By Shamsudeen Abubakar Makolo
12th August 2024

Abuja, Nigeria – Nigeria, a nation renowned for its rich cultural heritage and abundant natural resources, has been plagued by corruption, perpetuated by those in positions of power and influence. From religious leaders to traditional rulers, family heads, and politicians, the cancer of corruption has spread far and wide, crippling the nation's progress.

Religious leaders, once esteemed for their moral guidance, have fallen prey to the temptations of wealth and power. Many now exploit their pulpits to accumulate wealth rather than preach righteousness. Their flamboyant lifestyles, often financed by their congregations, are a stark contrast to the poverty and suffering of their followers.

Traditional leaders, custodians of Nigeria's cultural heritage, have also fallen prey to corruption. Some use their positions to extort money from their subjects, while others collude with corrupt government officials to embezzle funds meant for community development.

Family heads, once pillars of discipline and integrity, now prioritize material wealth over moral values. The emphasis on wealth and status has led to a breakdown in family structures, as younger generations are encouraged to pursue riches at all costs.

Politicians, elected to serve the people, have become notorious for their extravagant lifestyles. Embezzlement, nepotism, and cronyism are rampant, with many using public funds to finance their lavish lifestyles. The disconnect between the ruling elite and the masses is staggering, as politicians flaunt their wealth while the majority struggle to survive.

The consequences of corruption are far-reaching. Nigeria's economy suffers, infrastructure crumbles, and essential services like healthcare and education are neglected. The future of the nation is mortgaged to the greed of its leaders.

To break free from this cycle of corruption, Nigerians must demand accountability from their leaders. Collective action is needed to create a culture of transparency, where leaders are held responsible for their actions. Only then can Nigeria hope to reclaim its lost glory and build a brighter future for all.







By Shamsudeen Abubakar Makolo
12th August 2024

Amo Byng Nig Limited, a leading producer of poultry feed and concentrates, has commenced a strategic partnership with the Kwara State Government to bolster local soybean production, addressing the current shortage that is impacting poultry feed production across Nigeria. This collaboration was formally launched on July 16, 2024, and marks a significant step towards revitalizing the soybean industry.

The soybean shortage has led to increased feed production costs for poultry farming, as much of Nigeria's soybeans are being exported. In response, Amo Byng Nig Ltd. is stepping in to support local farmers by providing essential farming inputs and committing to purchase the soybean at harvest. This initiative aims to stimulate local production, improve raw material availability, and reduce production costs.

As part of this pilot program, Amo Byng Nig Ltd. has equipped 300 farmers with inputs to cultivate soybean across 1,500 hectares in the Kaiama Local Government Area of Kwara State. The program encompasses four communities within the local government area. In support of this initiative, the Kwara State Government has allocated tractors to assist farmers with land preparation, enhancing the efficiency and effectiveness of the farming process.

Dr. Ayoola Oduntan, Group Managing Director of Amo Byng Nig Ltd., emphasized the importance of the partnership: “Addressing the soybean shortage is crucial for the poultry industry, as it directly impacts feed production. This partnership is vital for providing farmers with the necessary inputs and ensuring the purchase of their harvest. Our goal is to stimulate local production and alleviate the raw material shortage.”

Dr. Ayoola Belgore, Managing Director of Amo Byng Nig Ltd., highlighted the broader vision of the initiative: “While this pilot program marks a significant step forward, our vision extends beyond this initial phase. We are committed to expanding its reach and bringing its benefits to other states in the near future.”

Mr. Adedamola Adeyeye, Head of Business at Amo Byng Nig Ltd., underscored the comprehensive support provided to farmers: “Alongside providing essential inputs, we are dedicated to offering technical support and training throughout the production period to ensure farmers are well-equipped for success.”

Mrs. Oloruntoyosi Thomas, Kwara State Commissioner for Agriculture and Rural Development, showed appreciation to the company and reaffirmed the state government’s commitment to supporting the project and local farmers.

The event also saw the presence of key stakeholders including Mrs. Funke Sokoya, Permanent Secretary, Kwara State Ministry of Agriculture, Mr. Shuib Alawaye, Coordinator of Farmers Group, and Mr. Solomon Olawoyin, Kwara State Chairman of the Soybean Growers Association.

This partnership represents a significant advancement in agricultural collaboration and holds promise for revitalizing soybean production in Nigeria, paving the way for a more sustainable and cost-effective poultry feed industry.

CGC Adeniyi Reactivates Over Decade-Old CMAA With US Customs & Border Protection

...Aims to Promote Better Service Delivery to Nigerians Through Global Partnerships

The Comptroller-General of Customs (CGC) Bashir Adewale Adeniyi, On Thursday, July 18, 2024, took a significant step in strengthening global partnerships by participating in a bilateral meeting with U.S. Customs and Border Protection (CBP) in Washington, D.C. The meeting focused on reviving the over-decade-old Customs Mutual Assistance Agreement (CMAA) to enhance service delivery through global collaborations and data-driven decision-making to improve national security and effectively combat cross-border crimes.

Adeniyi emphasised that Customs officials have been actively addressing the challenges of cross-border crimes, including drug trafficking, arms smuggling, and money laundering while ensuring national security.

He highlighted the successful interception of illegal items, such as drugs and weapons, at major ports and airports in Nigeria.“Reviving the CMAA will bolster the Nigeria Customs Service's capacity to protect the nation's borders and enhance service delivery, paving the way for a more secure and prosperous future for all Nigerians”, he added.

He also stressed the need for increased capacity building to tackle Intellectual Property Rights (IPR) enforcement and opiate issues. "Our efforts at the ports and airports have yielded significant results, but there is still much to be done in capacity building and enforcement," he said.

Adeniyi underscored the importance of a Center for Advanced Cargo and Passenger Data Analysis to mitigate risks. He pointed out the success of prosecuting wildlife criminals and discussed the need for such a centre to enhance cargo and passenger security.

Additionally, he advocates for an advanced command and control centre to address security concerns. “A dedicated targeting data fusion centre will significantly improve our ability to manage risks and enhance security measures,” Adeniyi explained.

The meeting also covered the challenges of commercial air cargo security and potential partnerships with U.S. government agencies. Adeniyi highlighted the importance of future operations, including CBP's global targeting advisory directors and their capabilities in information sharing on cargo and passenger sides. “By customising our approaches and collaborating globally, we can address the complexities of air cargo security more effectively,” he remarked.

In his reaction, James Collins, Assistant Commissioner of the Office of International Affairs at U.S. Customs and Border Protection, emphasised data integration, partnerships, and targeted efforts to address transnational criminal groups exploiting seams and boundaries. “Integration of data and international cooperation is crucial in countering transnational threats”.

James Collins also highlighted the importance of collaboration and information sharing in border security and intelligence gathering. He emphasised investing in capacity building, train-the-trainer programs, and targeted training to address gaps in border security. Collins stressed the need for secure channels for sharing intelligence and building partnerships with international organisations to sustain efforts in combating illicit trade and traffic. “Continuous training and secure intelligence sharing are vital to our success in maintaining border security,” Collins noted.

Key action items identified include establishing specific channels for continued intelligence sharing between Nigeria Customs and CBP, exploring operational partnerships between Nigeria Customs units and networks like CBP to coordinate cross-border responses, leveraging INTERPOL programs and collaborating with other West and Central African countries on transnational crimes.

The meeting concluded with a presentation on Artificial Intelligence by Sunil Madhugri from the Office of Information and Technology, U.S. Customs and Border Protection, highlighting the future of technology in enhancing customs operations and security. “Artificial intelligence will play a pivotal role in our strategy to modernise and secure our borders,” Madhugri said.

In a related event, CGC Bashir Adewale Adeniyi visited the Nigerian Embassy in the USA, where he was received by Mr. Rabiu Lawal, Charge d'Affaires a.i, and his team. The CGC appreciated them for their warm reception and their tireless efforts for all the Nigerians in the diaspora.

At this year's largest Youth World Cup, the 2024 Gothia Cup, Hon. Ayoola Lawal, the former National Chairman of All Progressives Scandinavia, made a notable appearance to cheer on the Nigerian teams. His presence added a touch of distinction to the event, highlighting the importance of international youth sports competitions.

In his address, Hon. Lawal lauded the teams for their remarkable performance and particularly acknowledged the exceptional efforts of the coaching team led by Mr. Adegun Shola.

"We had four Nigerian teams at this year's largest Youth World Cup. The semifinal of the under-17 boys, where two Nigerian teams faced each other, was essentially the final of the competition. It was a highlight of the event and well attended," he remarked. This statement underscored the high level of talent and competition displayed by the young Nigerian athletes.

Hon. Lawal also expressed his optimism for the future, hoping that a female team from Nigeria will participate in the next edition of the Youth World Cup. His vision emphasizes the importance of inclusivity and the development of female athletes in international sports. Additionally, he commended the Nigeria Eagles team in the under-16 boys category for their impressive performance, recognizing their dedication and skill.

Adding to the chorus of praise, Mr. Kelvin Baniye, the Global President of the Green Light International Organisation in Sweden, also celebrated the Nigerian teams. He highlighted their commendable performance and their role in making Nigeria proud on an international stage.

The event was a testament to the strength and potential of Nigerian youth in sports, showcasing their talents and fostering a spirit of unity and excellence. The accolades from prominent figures like Hon. Ayoola Lawal and Mr. Kelvin Baniye underscore the significant impact of these young athletes and their contribution to Nigeria's reputation in the global sports arena.

Gothenburg, Sweden – Sporting Lagos, a leading football academy from Lagos, Nigeria, has secured a place in the final of the prestigious Gothia Cup 2024 in the Under-17 boys category.

The Gothia Cup, often referred to as the Youth World Cup, is an annual tournament in Gothenburg, Sweden, drawing youth teams from around the world.

Throughout the tournament, Sporting Lagos demonstrated outstanding performance, netting 15 goals while allowing only 7.

The team's success is attributed to the strategic guidance of Coach Adegun John, who has expressed confidence in their ability to clinch the cup.

"Our team is well-prepared and determined to bring the trophy back to Lagos. We are ready to face FC Tokyo in the final," Coach John remarked.

The journey to the final was marked by intense competition. One of the most notable matches was a thrilling 5-4 victory against fellow Nigerian team Beyond Limit, which secured Sporting Lagos's place in the final.

The decisive match against FC Tokyo from Japan is scheduled to take place at the renowned Gamla Ullevi Stadium in Gothenburg.

The Gothia Cup is a key event in the youth football calendar, celebrated for its diverse participation and the cultural exchange it promotes among young athletes.

Sporting Lagos's achievement in reaching the final underscores the rising prominence of Nigerian football on the global stage.

As the final match approaches, all eyes are on Sporting Lagos, with hopes high for a historic victory that would further elevate Nigerian football.

Aare Adetola EmmanuelKing Congratulates Ogun State First Lady, Mrs. Bamidele Abiodun, on Her 57th Birthday


The chairman/CEO Adron Group, Aare Adetola EmmanuelKing, has extended warm felicitations to Her Excellency, Mrs. Bamidele Abiodun, the First Lady of Ogun State, on the occasion of her 57th birthday.

In his congratulatory message, Aare EmmanuelKing lauded Mrs. Abiodun’s unwavering dedication to the welfare of women and children in Ogun State, highlighting her numerous philanthropic activities and her pivotal role in community development. He commended her compassionate efforts in advocating for the rights and welfare of the less privileged, which have significantly impacted the lives of many.

“Your Excellency, your exemplary life and steadfast dedication to the betterment of Ogun State and its people have been a beacon of inspiration to many. Your leadership and passion have not only complemented the vision of His Excellency, Prince Dapo Abiodun, but have also played a crucial role in the continuous progress and transformation of Ogun State,” Aare EmmanuelKing stated.

He further praised Mrs. Abiodun for her support of initiatives aimed at enhancing health and education in the state, acknowledging her contributions to fostering a better and more inclusive society. Aare EmmanuelKing expressed his prayers for her continued good health, happiness, and the fulfillment of all her aspirations.

As Mrs. Abiodun celebrates this significant milestone, Aare EmmanuelKing joined her family, friends, and well-wishers in celebrating her remarkable achievements and contributions to Ogun State. He wished her a joyous birthday filled with peace, prosperity, and continued success.

Adron Homes and Properties Ltd., under the leadership of Aare Adetola EmmanuelKing, remains committed to supporting the growth and development of Ogun State and looks forward to continuing its collaboration with the government in achieving these goals.

Promasidor Nigeria Appoints Eno Udoma-Eniang as Corporate Affairs & Ikun Dairy Farm (IDF) Director



Promasidor Nigeria Limited is pleased to announce the appointment of Dr. Eno Udoma-Eniang as its Corporate Affairs & IDF Director, effective July 8th, 2024.



Eno joins Promasidor Nigeria from Emerging Markets Telecommunications Services Limited (9Mobile), where she held several leadership roles, the last of which was Head of Government and Legislative Affairs, promoting a favourable positioning and protection for the organization's corporate, regulatory, and policy interests.



She brings over three decades of extensive multinational and multi-jurisdictional experience, in broad multi-functional roles spanning legal practice, social responsibility, corporate and regulatory affairs, and commercial legal management, to the Promasidor team. Her career cuts across Law Practice, Banking, and Telecommunications sectors, having worked in top-notch law firms including, Udo Udoma & Belo Osagie (Nigeria), Bentsi Enchill, Letsa & Ankomah (Accra, Ghana), UBA Trustees and Econet Wireless Nigeria (Now Airtel Nigeria).



Eno’s proven track record in Leadership, Stakeholder Management, Communications, Corporate Governance, and Advocacy makes her an invaluable addition to Promasidor Nigeria leadership team.

Eno Chaired the Legal & Regulatory Committee of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and currently serves as the 2nd Vice Chairman of the Committee of Legal Advisers & Company Secretaries of the Nigeria Employers Consultative Association (NECA).



Dr Eno Udoma-Eniang is a lawyer and holds a B.L from both the Nigerian Law School and Ghana School of Law, an MBA in Consultancy Management from the University of Wales, Cardiff, and an Executive MBA and DBA from EMAS Business School, Eurasia. She is a Chartered Mediator and Conciliator (ChMC), a Chartered Secretary and Administrator, a Member of the Financial Reporting Council of Nigeria, and an Associate Member of the International Management Academy (IMA).



About Promasidor

Promasidor was founded in 1979 by Robert Rose, who left the United Kingdom in 1957 to pursue his African dream in Zimbabwe. Since then, Promasidor has expanded its presence to several African countries. Promasidor Nigeria commenced operations in 1993 and has achieved remarkable growth over the years.



Promasidor Nigeria is a leading manufacturer of high-quality products such as Cowbell Milk, Loya Milk, Miksi Milk, Kremela,1 Cowbell Chocolate, Cowbell Evaporated Milk, Cowbell Coffee, Cowbell Strawberry, Top Tea, and Onga food Seasoning.



The company is committed to maintaining high corporate governance and social responsibility standards. Promasidor Nigeria ensures its obligations to consumers, suppliers, employees, and communities are met with respect, integrity, and openness.

Bigi Carbonated Soft Drink, produced by Rite Foods Limited, celebrates Chima Udoye from Anambra State as the Nigerian Idol Season 9 champion! Chima won after a nail-biting finale against talented finalists Lammy and Chioma on July 14th, 2024.

Bigi's involvement in Nigerian Idol Season 9 went beyond being a sponsor. From the very beginning, Bigi brought refreshing excitement to the show. Fans were treated to a surprise at the Ikeja City Mall (ICM) with a dynamic Flash Mob, setting the tone for a season filled with energy.

The top 10 contestants were welcomed with a special touch as Bigi surprised them with personalized gift boxes filled with customized merchandise, a sweet reminder of their journey. Bigi also spread joy throughout Lagos with the “Bigi Random Acts of Kindness” initiative. The top 4 contestants hit the streets, surprising unsuspecting Lagosians with gifts and putting smiles on their faces.

Bigi continued to weave heartwarming moments throughout the season. The top 4 contestants experienced a delightful surprise when Bigi reunited them with their loved ones during the second-to-last live show. The emotional reunion fuelled their passion and created unforgettable memories. To top it all off, Bigi hosted a luxurious candlelight dinner in the show's final week, allowing the top 4 and their loved ones to share a special evening filled with delicious food, music, and celebration.

Past Nigerian Idol winners, Progress Chukwuyem (Season 7) and Victory Gbakara (Season , graced the stage with their performances, proving the lasting success stories born from Nigerian Idol. The Bigi Idol winner, Precieberry delivered a memorable performance of Jon Ogah's “Uncle Suru” with Progress. Victory entertained the audience with a self-written song, “The Best Years of Your Life”, showing his unique talent.

Chima battled it out against fellow finalists Lammy and Chioma in a grand finale held on July 14th, 2024. The energetic competition showed the immense musical talent in Nigeria, culminating in Chima's well-deserved win.

The show host IK Osakioduwa kept the audience on the edge of their seats before announcing Chima as the winner. The news was met with jubilation from Chima's fans, marking a fitting end to a season filled with exceptional talent and powered by the refreshing taste of Bigi.

As the winner of Nigerian Idol Season 9, Chima walks away with an incredible prize package fit for a star: a whopping ₦30,000,000 cash prize, a brand-new Sports Utility Vehicle to cruise around in style, a music deal complete with a music video to launch his career, a DSTV Explora with a one-year premium subscription for endless entertainment, and a refreshing one-year supply of Bigi beverages to keep him cool every moment of his journey. Nigerian Idol Season 9 was a resounding success, and Chima Udoye is poised for a bright future in the music industry.

Bigi Celebrates Nigerian Idol Winner, Chima Udoye, in Uplifting Visit to Rite Foods Limited

Bigi, the award-winning carbonated soft drink brand from Rite Foods Limited, hosted a celebratory visit for Chima Udoye, the recent winner of Nigerian Idol Season 9, a musical reality show sponsored by the company.

Just two days after his victory at the grand finale, Chima, along with fellow finalists Lammy and Chioma, were welcomed to Rite Foods' headquarters in Lagos on July 16th, 2024.

Mr. Seleem Adegunwa, Rite Foods' Managing Director and Chief Executive Officer, congratulated Chima on his achievement. He commended Chima's perseverance and talent, emphasizing that this victory is just the beginning of a successful musical career.

He also emphasized that Rite Foods’ sponsorship of Nigerian Idol reflects Bigi's commitment to innovation, excellence, and empowering young Nigerians. For four consecutive seasons (Seasons 6, 7, 8, and 9), Bigi has provided a platform for talented singers like Chima, Kingdom Kroseide, Progress Chukwuyem, and Victory Gbakara to chase their dreams and win life-changing prizes.

Biola Aransiola, Brand Manager, Bigi, applauded the finalists’ dedication and exceptional performances throughout the competition. She pointed out the synergy between Bigi and the talented contestants. Bigi's range of 13 award-winning flavors, produced in a world-class facility, are known for their refreshing taste.  This dedication to quality resonates with the high standards exhibited by the Nigerian Idol contestants.

Chima expressed his sincere appreciation to Bigi for sponsoring Nigerian Idol Season 9, a platform that propelled him into the spotlight. He recognized Bigi's commitment to consumers and their dedication to empowering young Nigerians. Chima revealed himself to be a loyal fan, particularly enjoying Bigi Apple for its refreshing taste and unique qualities that set it apart from competitors.

Filled with gratitude, Chima, Lammy, and Chioma joined together to sing a song for Mr. Adegunwa and Rite Foods’ significant contribution to the entertainment industry through initiatives like Nigerian Idol, which nurtures and discovers young talents.

This celebratory thank-you tour solidified the strong bond between Bigi and Nigerian Idol, highlighting their shared passion for empowering young Nigerians and fostering a vibrant entertainment scene in Nigeria.

The wait is over! Chima Udoye has been crowned the Nigerian Idol Season 9 winner, fuelled by the refreshing Bigi Carbonated Soft Drinks from Rite Foods Limited. Chima takes home a life-changing prize package, including a whopping ₦30,000,000 (Thirty Million Naira), a brand-new SUV, a recording contract with a music video, and a DSTV Explora with a one-year premium subscription and a one-year supply of Bigi drinks.

The competition was fierce, with ten talented contestants vying for the coveted title. Chima consistently impressed the judges (9ice, Omawumi, and Ric Hassani) with his vocal mastery, soulful delivery, and effortless stage presence. His performances kept viewers on the edge of their seats, week after week.

The grand finale was a night to remember, with a magnificent rendition of John Legend's “The Glory” performed by the host, IK, and the top 10 contestants. This performance set the tone for an evening filled with intense competition, electrifying guest performances by Chike and Simi, and show-stopping sets from the top three finalists: Chima, Chioma, and Lammy.

Chima’s silky smooth voice and impeccable control shone through his rendition of Michael Bublé's “Feeling Good,” offering a touch of classic soul to the competition. Lammy delivered a heartfelt performance of Sam Smith's “Pray,” mesmerizing the crowd with his emotional depth. Chioma brought the house down with her powerful performance of Katy Perry's “Roar,” exhibiting her dynamic stage presence.

Chima, known for his electrifying stage charisma and unmatched vocal depth, consistently left the judges – 9ice, Omawumi, and Ric Hassani – speechless throughout the competition. During the finale, Omawumi commented that Chima's journey on the show was a testament to his ability to push beyond boundaries and compete against himself.

The audience was also treated to captivating performances by guest artists. Simi performed her new hit, “Borrow Me Your Baby,” from her recently released album “Lost and Found.” Chike delivered a powerful rendition of his song “Man Not God,” while Omawumi joined the top 10 contestants for a heart-stopping performance of her song “Thank God.”

Chima's win marks the end of an unforgettable season of Nigerian Idol. Throughout the competition, Bigi provided unbeatable refreshments across its range of flavours to contestants and viewers alike. With his talent, dedication, and Bigi magic, Chima is ready to embark on a successful music career.

MICDEE, a leading provider of innovative workspace solutions, proudly announces the successful completion of a high-profile project for MTN. This milestone marks a significant achievement in our ongoing commitment to delivering exceptional workspace solutions tailored to the unique needs of our clients.

Our recent project for MTN underscores MICDEE's dedication to excellence and innovation in workspace design and execution. By transforming MTN's office space, we have not only met but exceeded our client's expectations, setting new standards in the industry.

MICDEE's client-cantered project management style has been pivotal in achieving this success. Our indigenous company, led by Architect Michael Awonowo, prides itself on understanding and meeting the specific requirements of each client, ensuring every project reflects their unique vision and operational needs.

Architect Michael Awonowo, Chief Executive of MICDEE Designs, remarked, "Our strategic communication efforts are designed to drive brand visibility and attract new business opportunities. By showcasing our innovative solutions and the successful outcomes of our projects, we aim to position MICDEE as the go-to provider for workspace transformation in Nigeria and beyond."

We extend our gratitude to MTN for their trust and collaboration. Their support has been instrumental in our success, and we look forward to continuing our partnership in future endeavours.

For more information and to view our portfolio, visit our website at micdee.co. Follow us on social media to stay updated on our latest projects and innovations.

MICDEE is a premier workspace solutions provider dedicated to creating functional, aesthetic, and innovative work environments. With a team of experienced professionals and a client-centric approach, MICDEE delivers bespoke solutions that enhance productivity and foster creativity. For more information about MICDEE and our services, please visit our website at micdee.co.



 

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Amo Farm Sieberer Hatchery Limited Celebrates and Supports Coronation of Alaawe of Awe, Oba Cornelius Abiola Taiwo Oladokun III



Amo Farm Sieberer Hatchery Ltd., a leader in Nigeria's agricultural sector, commemorated and supported the coronation of the new Alaawe of Awe, Oba Cornelius Abiola Taiwo Oladokun III, reaffirming its commitment to the community. The coronation took place on July 5, 2024, at St. Joseph Grammar School, Awe, Oyo State.

Awe, Oyo State, where approximately 70% of Amo Farm’s - national operations are based, holds a special place in the company's ethos. Over the years, Awe has been a pivotal location for operations and a cherished home where the company has flourished. Amo Farm Sieberer Hatchery is the primary employer in Awe, making substantial contributions to local employment and economic vitality, and has consistently engaged in various Corporate Social Responsibility (CSR) initiatives, including establishing a computer school to empower local youths.

Before the coronation ceremony, Amo Farm demonstrated its enduring support by presenting gifts to the newly crowned Alaawe. This gesture symbolized the company’s appreciation and commitment to Awe's prosperity under its new monarch. The presentation was led by key members of the company’s leadership team, including Dr. Anand Burra, Managing Director of Amo Farm Sieberer Hatchery; Dr. Agboola Belgore, Managing Director of Amo Byng; Mr. Emmanuel Oloruntoba, Director of Supply Chain; and Mr. Victor Alabi, HR and Admin Manager.

Additionally, Dr. Ayoola Oduntan, Group Managing Director of Amo Farm Sieberer Hatchery Limited, paid a congratulatory visit to the Alaawe, emphasizing the significance of Awe to the company's operations. "Awe holds a special place in our national operations, and the support and partnership we share are deeply valued," remarked Dr. Oduntan. "I extend heartfelt congratulations to you, and I pray for a prosperous and harmonious reign ahead. I look forward to continuing our journey of mutual respect, growth, and development for the benefit of all."

In response, Oba Oladokun expressed gratitude for Dr. Oduntan's visit and highlighted the positive impact of Amo Farm Sieberer Hatchery on Awe and its people. "Amo Farm has brought significant benefits and positive developments to Awe and its people, and for this, we are sincerely appreciative," said the Alaawe, who extended prayers for the continued success and prosperity of Amo Farm.

On the coronation day, Amo Farm demonstrated its support by participating in the thanksgiving service at Christ Baptist Church, Awe. The company served the guests at the event with Chicken products from its subsidiary company natnudO Foods.

The highlight of the coronation ceremony was the presentation of the staff of office to Oba Oladokun by the Deputy Governor of Oyo State, Barrister Abdul-Raheem Adebayo Lawal, representing His Excellency, Governor Seyi Makinde.

Amo Farm remains steadfast in its commitment to Awe and looks forward to continuing its fruitful partnership with the Alaawe and the community at large. The company is dedicated to contributing positively to the growth and prosperity of Awe and its people.

In line with the United Nations' initiative to highlight population-related issues on World Population Day, it is crucial to emphasize the significance of investing in data collection to understand population dynamics, tailor solutions, and drive progress. Nations worldwide are encouraged to develop policies that enhance the standard of living for their citizens.

In this global context, real estate plays a pivotal role, especially in Nigeria, which boasts a burgeoning population of over 200 million people. Adron Homes and Properties stands out as a key player in addressing the housing needs of this rapidly growing population by creating thriving communities.

1. Affordability: Making Property Ownership Accessible

Adron Homes understands that affordability is a significant barrier to property ownership. To tackle this, the company offers flexible payment plans and discount options, making it easier for individuals to choose from various locations and products and pay over a convenient time frame.

2. Top Locations: Where You Want to Be

In the world of real estate, "location is king." Adron Homes offers properties in strategic locations across Nigeria, including Ibeju-Lekki, Epe, Badagry, Shimawa, Atan-Ota, Ikorodu, Shagamu, Papalanto, Ijebu Ode, Abeokuta, Ibadan, Ado Ekiti, Osun, Jos, Abuja, Nasarawa, and Niger. Whether you prefer the excitement of urban areas or the tranquility of the suburbs, Adron Homes has something for everyone.

3. Housing Product Diversity: Tailored Solutions

Adron Homes provides a range of housing products to meet diverse needs:
Oremi Housing Series: This series promotes communal living and offers affordable housing options.
VIDCO Plot Series: Catering to all income levels, this series allows individuals to build modern, affordable, and cost-effective structures on smaller plots ranging from 135 sqm to 150 sqm.

4. Reliability: More Than A Decade of Trust

With over 12 years of experience, Adron Homes has established itself as a reliable real estate provider. Buyers can trust Adron Homes to handle all documentation, eliminate encumbrances, and navigate real estate complexities, ensuring a smooth and secure property purchase process.

Invest Now: The Population Boom and Housing Deficit

According to the National Bureau of Statistics, Nigeria's population was estimated at 216,783,381 in 2022, with a housing deficit of approximately 28 million houses. This underscores the urgency and magnitude of the opportunities available. Adron Homes invites investors to seize these real estate opportunities, secure their future, and contribute to the development of thriving communities across Nigeria.


Adron Homes is committed to unlocking real estate opportunities amidst Nigeria's population growth. By offering affordable, well-located, and diverse housing options, the company is bridging the housing gap and fostering community development. The best time to invest in real estate is now, and Adron Homes is here to guide you every step of the way.

Nigerian Idol Season 9 witnessed a dramatic twist in its semi-final episode, with a surprise song selection, a judge's save, and a heart-warming reunion courtesy of the Bigi brand. This past Sunday's episode saw intense competition and emotional moments as the remaining contestants battled for a spot in the finale.

In the last episode, Ric Hassani, Omawumi, and 9ice chose songs for the remaining finalists - Mira Clear, Lammy, Chioma, and Chima. This exciting twist added a strategic element, as contestants had to determine which judge picked their song. Ric Hassani won, choosing the most songs and earning a game-changing advantage: the power to save an eliminated contestant.

The competition heated up with stunning performances. Chioma captivated with Jodie's "Kuchi Kuchi," while Chima's soulful delivery of "Not the Girl" by Dare Art Alade left the judges in awe, a performance that proved he is ready for the spotlight.  Even though Mira Clear was ultimately eliminated, her passionate rendition of Omawumi's "If You Ask Me" earned her a standing ovation from the judges. Lammy's heartfelt interpretation of "African Queen" by Tuface.

Thanks to Bigi's heart-warming surprise, the contestants were reunited with their beloved parents live on stage. The emotional moment visibly boosted their spirits and brought smiles to the faces of everyone watching.

The remaining Top 3, Chima, Lammy, and Chioma, returned for a second round with the musical group 121Selah.  Each contestant delivered another powerful performance, with Chima's amazing delivery of Stevie Wonder's "As", Chioma showing her range with Jennifer Hudson's "One Night Only," and Lammy's uplifting performance of Alexander Burke's "Hallelujah."

The exciting evening show closed with the beautiful rendition of 121 Selah's "Let Me In".

With the grand finale coming up next Sunday, who will be crowned the next Nigerian Idol? Tune in to catch every moment of the finale on Sunday by 7 pm on Africa Magic Showcase and Africa Magic Family.

Australia’s Fair Work Commission has announced a minimum wage increase to $915.90 per week for workers. The Australian government said the minimum wage rise took effect on July 1, 2024. This represents a 3.75 percent rise in the National Minimum Wage, amounting to $24.10 per hour.

The increase is expected to bolster compensation amid economic shifts and inflation, benefiting both local workers and international work visa applicants. For employers, meeting or exceeding these wage standards enhances their ability to attract and sponsor skilled overseas workers.

This adjustment is particularly pivotal for occupations covered by Modern Awards, which dictate industry-specific minimum pay rates and conditions. The last minimum wage increase by the Australian government was announced in July 2023.

Meanwhile, in Nigeria, the government and workers under the aegis of organized labour failed to agree on a minimum wage after the statutory five years expired in April 2024. The Nigerian government agreed to pay N62,000 as a new minimum wage, which is a 100 percent increase compared to the current N30,000 minimum wage. However, Nigerian workers proposed a new minimum wage of N250,000. Consequently, President Bola Ahmed Tinubu stepped down the new minimum wage proposal by its tripartite committee to allow for further discussion.

Bigi, the beloved beverage brand known for its exciting twists on Nigerian Idol, hosted a truly special evening for the show's top 4 contestants. Held at the Safron Hotel in Ikeja GRA, the Bigi Candlelight Dinner celebrated the contestants’ achievements and brought a delightful surprise!

This season, Bigi took a heartfelt approach by inviting the contestants' parents and loved ones to share in the celebration, creating an intimate and memorable evening. Adding to the excitement, past contestants from the last two seasons made surprise appearances, elevating the event to new heights. Special guests included Progress Chukwuyem, the winner of Season 7; Victory Gbakara, the winner of Season 8; and other notable contestants like Precious Mac and Ose Daniel.

Biola Aransiola, Brand Manager of Bigi, welcomed the contestants and their families with a heartfelt speech. She expressed her gratitude for their presence and highlighted the dinner as Bigi's way of giving back to the contestants, acknowledging their contributions to the show and the brand. “This dinner is our way of giving back to you because you have given so much to the people”, she said.

Progress Chukwuyem, the winner of Season 7, delivered an inspiring speech, urging the contestants to remain dedicated and proactive in their careers. “Keep putting in the extra work after the show and be very intentional about your craft. Go after what you want and don't wait for anyone to give it to you. Nigerian Idol makes you famous, not successful,” he advised.

Victory Gbakara, winner of Season 8, echoed Progress's sentiments, emphasizing the importance of leveraging the platform and popularity gained from Nigerian Idol. He encouraged the contestants to continue showcasing their talents beyond the show.

Precious Mac, second runner-up of Season 8, congratulated the contestants on their achievements and encouraged them to persevere in their musical journeys. “Don't give up, you have come this far, and the journey ahead is just as exciting,” she said.

The night culminated with a closing remark from Mr. Yinka Adebayo, Executive Director, MediaReach OMD. The Bigi Candlelight Dinner stands as a testament to Bigi’s unwavering commitment to supporting Nigerian Idol contestants and fostering a spirit of community within the show.

This heart-warming event is sure to be a highlight of the season, showing Bigi’s dedication to the show and its talented contestants.

Lagos, Nigeria – The leader of INRI Evangelical Spiritual Church, Oke Afa, Lagos, Primate Elijah Ayodele, has stated that Nigeria's problems extend beyond spirituality and prayers.

During the unveiling of his 30th annual prophecy book, "Warnings To the Nations" (WTN), on Saturday, 6th of July, 2024, Primate Ayodele emphasized that mere lip service and reliance on prayers will not resolve the country's issues, predicting severe predicaments ahead if proactive measures are not taken.

"A million pastors can't pray for Nigeria to work. Prayer is not the solution, but we must be ready to take proactive measures," Ayodele asserted.

In his prophecy book, Ayodele foresees a political coup against President Tinubu as 2027 approaches and urges the President to prioritize his health. He claims that Nigeria's security challenges are man-made and predicts an eventual division of the country, initiated by the Northerners, without a bloodbath.

Ayodele also highlighted internal conflicts within the People's Democratic Party (PDP), predicting its dissolution before 2027 if Wike's influence and fight for survival are not addressed. He stated that Atiku Abubakar cannot secure victory for the PDP and warned that Peter Obi's presidency would bring more misfortune to Nigeria.

Regarding the upcoming gubernatorial election in Ondo State, Ayodele declared that PDP's candidate, Agboola Ajayi, is wasting his time and resources, asserting that he will not win the November 2024 election.

The Nigerian Idol Season 9 top 4 contestants delivered unforgettable performances on Sunday, June 30, 2024, in a thrilling episode of Nigeria's premier music reality show. Still, the night ended on a bittersweet note as contestant Maio was eliminated.

Chioma, Chima, Mira Clear, and Lammy electrified the audience with their dual performance, taking on Nigerian hits and international R&B classics. The evening's excitement peaked with the guest appearance of Nigerian hip-hop artist M.I Abaga, who joined the judging panel.

Chioma's rendition of Chike's “Hard to Find” showed her exceptional vocal skills and commanding stage presence. Her fierce interpretation of Rihanna's “Man Down” further cemented her as a frontrunner in the competition.

His distinct warm tone on Wizkid’s “Essence” impressed Chima and demonstrated remarkable vocal range with Chaka Khan's challenging “Through the Fire.” His consistent performances throughout the season have made him a fan favorite.

Mira Clear's soulful performance of Fave’s “Baby Riddim” and emotional delivery of Beyoncé's “Broken Hearted Girl” earned high praise for her emotional depth and versatility.

Lammy took viewers on a nostalgic journey with Styl-Plus’s “Olufunmi” before delivering a touching performance of John Legend's “Ordinary People,” which entertained both the judges and the audience.

As the fun-filled Nigerian Idol Season 9 sponsored by the Bigi carbonated soft drink of Rite Foods Limited continues, viewers can have themselves thrilled by watching it every Sunday by 7 pm on Africa Magic Family GOtv (channel 2), Africa Magic Showcase DStv (channel 151), and Africa Magic Family Dstv (channel 154).

…To collaborate on LBS Agribusiness Management and Greener HOPE Agricultural Productivity Programme  


In continuation of the efforts of the leadership of the ORIGIN Tech Group to engender a more cordial relationship between the towns and the gowns, and other various layers of ORIGIN Tech stakeholders, the Chairman of ORIGIN Tech Group, Prince Samuel Joseph Samuel played host to the members of the Executive Education of the Lagos Business School (LBS)-Pan-Atlantic University during a courtesy visit led by its Director of Business Education, Mr. Victor Banjo, mni as well as Mr. Olatayo Folayan, Business Development Manager and Mr. Afolabi Oyewunmi, Relationship Manager, respectively.

The LBS Director of Executive Education and his delegates were warmly received by the Chairman of ORIGIN Tech Group as well as the Executive Vice Chairman, Sir Kunle Ball, the Executive Director of Corporate Services, Mr. Sesan Ayeni, and the Group Head of Corporate Communications and Strategy, Mr. Adebayo Awoniyi-Adeoshun.

In his address, the LBS Director of Executive Education stated that the visit was quite profound as it provides huge opportunities that is mutually beneficial and rewarding for both institutions in the areas of knowledge sharing, human capital development, and national productivity considering the collaborations that is inherent for both organizations as it concerns the LBS Agric-Business Management Programme of the LBS and the Greener HOPE Agricultural Productivity Project that is been championed by ORIGIN Tech Group in partnership with the Federal Government of Nigeria under the leadership of President Bola Ahmed Tinubu, GCFR. This, the Director of Executive Education noted shows the kind of visionary leadership of both the President of the Federal Republic and the Chairman of ORIGIN.

“I must say that you are a visionary leader because you aren’t doing this to take glory or show off. This is impressive and what you have done today has demonstrated the kind of leader the emerging African renaissance needs” he said.

The Director of Executive Education further noted that LBS is enthusiastic about the expression of interest to collaborate on areas of mutual interests especially the LBS Agri-Business Management Programme and the Greener HOPE Productivity Project and will continue to show immense support towards any activity driven by ORIGIN Tech Group.

In his response, the Chairman of ORIGIN Tech Group expressed his gratitude for the visit and promised to reciprocate the same in due course.

The Chairman concluded by commending the LBS State for the various knowledge advancements in Africa which is evident in the quality of its alumnus noting that these portends the solutions for a truly advanced Africa, especially in the areas of national productivity and human progress that can compete with the developed economies across the world.

PHOTO CAPTION:

L – R: Afolabi Oyewunmi, Relationship Manager, LBS Executive Education, Sir Kunle Ball, Executive Vice Chairman, Prince S J Samuel, Chairman, ORIGIN Tech Group, Victor Banjo, mni, Director, Executive Education, LBS, Mr. Sesan Ayeni, ED, Corporate Services, Adebayo Awoniyi-Adeoshun, Group Head, Corporate Communications and Strategy, both of ORIGIN Tech Group and Olatayo Folayan, Business Development Manager, LBS during the Business visit of Lagos Business School to ORIGIN Tech Group

The excitement continues for Nigerian Idol Season 9, proudly sponsored by Bigi, the refreshing carbonated soft drink from Rite Foods Limited! This past Sunday's live show unveiled the top 5 contestants – Chima, Maio, Chioma, Mira Clear, and Lammy – battle it out to become Nigeria's next singing idol.

Throughout the live show, Bigi kept viewers cool and refreshed with its delicious flavors during intense moments. Bigi's variety of tasty flavours, and fun personality, perfectly complement the high performances that have become synonymous with Nigerian Idol.

The latest episode was spiced up by the arrival of guest judges, Ice Prince, the iconic Nigerian rapper, singer, and songwriter, and Dr. Kaffy, the world-renowned choreographer. Their presence added a new layer of excitement to the “show-stopping performances” delivered by the contestants. Adding to the excitement, guest judge Ice Prince, the award-winning Nigerian rapper, singer, and songwriter, coincidentally matched Bigi Cola's signature color with his fiery red blazer and pants.

The show opened with a harmonious group performance from the top 6 contestants singing John Legend’s ‘Preach’. Lammy brought the party atmosphere with a lively rendition of the Black-Eyed Peas’ party anthem “I Gotta Feeling”, proving he can command the stage and keep the audience’s feet tapping. Mira Clear captivated the audience with her powerful vocals and confident stage presence during her rendition of Beyoncé’s “End of Time.” 9ice applauded the singing, stating that her miracle was becoming clear.

Chima stole the spotlight with a show-stopping performance of Dua Lipa's “Don't Start Now.” His energetic dance moves, infectious confidence, and powerful vocals had the audience cheering him on. Chioma channeled her inner diva with a fierce performance of Beyoncé’s empowering anthem “Run the World (Girls).” Her commanding stage presence and powerhouse vocals left no doubt that she's a force to be reckoned with. Maio closed with a bang, taking a different route, mesmerizing viewers with his smooth vocals and stage presence during his rendition of Davido's latest afrobeat smash, “Unavailable.”

In a heartfelt performance, Stevie delivered a soulful rendition of Ne-Yo's “Closer” despite his elimination being announced earlier in the show. His smooth vocals and emotional connection to the song left a lasting impression, highlighting his talent as a singer-songwriter.

Tune in every Sunday at 7:00 PM on Africa Magic Family GOtv (channel 2), Africa Magic Showcase DStv (channel 151), and Africa Magic Family Dstv (channel 154) to see who will be the next contestant to leave and who will take a step closer to becoming Nigeria's next Idol! Stay refreshed with a Bigi drink while you watch the drama unfold!

"Kids Say the Darndest Things" Makes a Triumphant Return for the Series in Africa with Paramount Global and What Media Group Partnership



The family favorite, "Kids Say the Darndest Things", is back for its third season, bringing more laughs, more surprises, and more heartwarming moments. This season marks a groundbreaking partnership between the iconic show and two entertainment powerhouses: Paramount Global Content Distribution and What Media Group. With the broadcast platform being The What Network and the production partner Mansa Studios, the show is set to deliver its unique blend of humor and authenticity to audiences.

The collaborative force behind the new season aims to enhance the viewer experience by delivering a world-class production of the Paramount Global Content Distribution series alongside the local expertise of What Media Group. This format licensing deal is not just a commitment to quality entertainment but a celebration of African children and their unique voices and perspectives.

“We are thrilled to be working with What Media Group to bring the Kids Say the Darndest Things format to audiences across Africa,” says Lauren Marriott, SVP, of Content Partnerships and Brand Strategy, Paramount Global Content Distribution. “Opening up the show across the African continent will allow kids and parents alike to watch this hilarious reimagined format together as a family.”

CEO of WHAT MEDIA GROUP, Chichi Nwoko, echoed this enthusiasm, emphasizing the show's commitment to celebrating the diversity and originality of African Kids: "With the support of Paramount, we're setting the stage for a season like no other. We're dedicated to maintaining the show’s essence, where the candidness of our young stars takes center stage. In the past, the show focussed on Kids from Nigeria, but this year we are excited to open it up to kids from across the African Continent. We aim to keep the content fresh, engaging, and true to the experiences of today’s connected and vibrant generation."Prepare to be amused, amazed, and moved as "Kids Say the Darndest Things Africa" brings the unfiltered brilliance and humor of Africa's children to the forefront, in what promises to be the most memorable season yet.

The new season promises a diverse cast of children from across Africa, sharing their spontaneous and often hilarious insights on life. In keeping with the show’s tradition, these young stars are not professional actors, and they are not rehearsed. This ensures that their responses remain genuine and unpredictable as we never know what they will say.

As "Kids Say the Darndest Things Africa" prepares for its return, the production team is hard at work, setting the groundwork for a season that promises to captivate, entertain, and inspire. Casting calls will be announced shortly, inviting children aged 4 to 11 from all over Africa to share their unique perspectives.

The U.S. version of “Kids Say the Darndest Things” is produced by CBS Studios in association with Anvil 1893 Entertainment and She Ready Productions. The format rights are licensed by Paramount Global Content Distribution.

Stay tuned for more information on auditions, premiere dates, and exclusive behind-the-scenes content as we embark on another unforgettable journey with Africa's youngest and brightest stars.

RealtorMax Extends 50% Promo, Sets for Land Allocation at Luxurious Estate, Aje: The Wealthy Residence"

RealtorMax Limited, a fast growing real estate firm in Lagos, has announced that subscribers to the luxurious Aje: The Wealthy Residence Estate in the Ibeju Lekki area of Lagos will receive their land allocation on Saturday, June 29.

Dr Micheal Adeyemi, the Chief Executive Officer of RealtorMax, revealed that all necessary documents will also be presented to the subscribers, allowing them to begin construction immediately and fulfill their dream of owning a home in this prestigious estate.

Adeyemi stressed that prompt allocation of property to paid up subscribers as well as fulfilment of all promises made to customers irrespective of unforseen development is one of the key reasons the firm has gained the loyalty of customers and continued to thrive.

He said: "On Saturday June 29, we shall be allocating plots of lands to all our paid up subscribers for Aje: The Wealthy Residence Estate. All necessarily documents would also be presented to help them begin construction of their choice homes on the land. We pride ourself on and take delight in delivering all promises made to clients including prompt property allocation which we are demonstrating again and which has gained us full trust of the people and helped us grow quite rapidly in the industry."

Aje: The Wealthy Residence Estate is located in the fastest-growing community of Lagos, known as the "NEW LAGOS," in the Ibeju Lekki, ilamija axis on the Lekki Epe expressway. The area has seen significant infrastructure development and has become a hub for businesses and housing. With key projects such as Alaro City, the Lekki Free Trade Zone, the newly commissioned International Airport, 2 Lekki Seaports, Dangote Refinery, and Pan Atlantic University, the Ibeju Lekki axis has become a sought-after location for luxury living and business.

The estate itself is situated on a vast expanse of dry land, offering a serene environment with a sea view and eco-friendly features powered by green energy. Upon completion, the estate will be equipped with top-notch luxury facilities, including a sea view, green zones, and a perimeter fence with a gatehouse. The carefully planned amenities, reminiscent of those found in top global cities, aim to provide exquisite luxury and comfortable living for esteemed subscribers.

To further ease the burden of payment on Nigerians who desire to own a portion of our well sought after property, RealtorMax is currently running a 50% promotion on all plot sizes in the estate. Prospective buyers have the opportunity to purchase a 500SQM plot for N16 million naira instead of the original price of N32 million naira, and a 300SQM plot for N9.6 million naira instead of N19.2 million naira. This promotional offer will last until the end of July.

In addition to the discounted prices, subscribers of Aje: The Wealthy Residence Estate will enjoy a range of amenities to enhance comfort and convenience. These amenities include a game and recreation center, children's playground, 24-hour power supply, mini football field, basketball court, tennis court, green areas, an artificial lake, a swimming pool, a gym, a spa and wellness center, an emergency clinic, a fire service center, an estate maintenance center, a concrete road network, street lights with security CCTV cameras, a full WIFI network, a shopping mall, a pharmacy, a library, a bakery, a farm market, an eatery, and fast food. The estate also offers short-term apartment rentals for guests.

The Aje: The Wealthy Residence Estate offers three categories of buildings: Silver, Gold, and Platinum. The Silver plan includes a 300SQM plot with a 4-bedroom duplex and a bq, as well as ample parking lots. The Gold plan offers a 500SQM plot with a 5-bedroom duplex, a bq, a private swimming pool, and ample parking lots. The Platinum plan boasts a 1000SQM plot with a 6-bedroom duplex, a bq, a private swimming pool, a private cinema, a private gym, and ample parking lots.

Upon completion of payment, subscribers will receive a Receipt of Purchase, Contract of Sales, Certificate of Allocation, Copy of Government Allocation Document, and estate layout plan. To ease the financial burden, customers have the option of paying in installments, allowing for a more flexible payment timeline.

Dr Mike Adeyemi emphasized RealtorMax's commitment to helping Nigerians build their dream homes, whether they seek luxury or affordable housing options. The company aims to bridge the housing deficit in the country and empower individuals to own their own homes in desirable locations like Aje: The Wealthy Residence Estate.

Fidelity Bank Plc started its N127.1 billion combined rights and public offers to a rousing support from the investing public as key capital market stakeholders recalled the symbolic importance of Fidelity Banks impressive growths and investor-friendly disposition over the years.

From the Nigerian Exchange (NGX) to stockbrokers, investors and customers; the N127.1 billion combined rights and public offer received unreserved recommendations, with industry thought leaders citing the performance of Fidelity Bank in its core banking operations and as a quoted company at the stock market.

They said Fidelity Banks N127.1 billion combined rights and public offer was the right way for the nations banking recapitalisation exercise to start as the bank, which has the highest corporate governance rating and an average annual capital gain of more than 100 per cent at the stock market, has strong appeal to the investing public.

Fidelity Bank is offering a rights issue of 3.2 billion ordinary shares of 50 kobo each at N9.25 per share. The bank is also simultaneously offering 10 billion ordinary shares of 50 kobo each to the general investing public at N9.75 per share.

The acceptance and application lists for the rights issue and public offer, which opened on Thursday, June 20, 2024, are scheduled to close on Monday, July 29, 2024. The rights issue has been pre-allotted on the basis of one new ordinary share for every 10 existing ordinary shares held as at the close of business on Friday, January 05, 2024.

The Doyen of Stockbrokers, the oldest practicing stockbroker, Alhaji Rasheed Yussuff, said Fidelity Bank has good records going for it with its history of impressive growth and profitability and dividend payments.

According to him, the bank is known to the market as a good investment, with evident records of impressive returns and corporate responsibility.

Yussuff, who was already a leading stockbroker and managing director of Trust Yields Securities Limited in 2004-2005 when Fidelity Bank launched its initial public offering (IPO) and listed its shares at the stock market, said the bank has been hitting all positive records that should encourage investors to buy more into it.

Referencing the banks impressive returns, Yussuff, who has more than five decades in the capital market and was principal dealing clerk for ICON Limited/ICON Stockbrokers in 1976, particularly noted that Fidelity Bank has been paying good dividends.

Chairman, Association of Securities Dealing Houses of Nigeria (ASHON), Mr Sam Onukwue, who recalled the founding days of Fidelity Bank in 1987, said he had watched Fidelity Bank sustained commendable growth trajectory over the years.

He said the bank has shown exceptional growth and resilience, rising from being a private merchant in 1987 to becoming one of the largest, publicly quoted commercial banks in Nigeria. Fidelity Bank is one of the seven Nigerian banks with international banking licences.

Onukwue, who is also managing director of Mega Equities Limited, said Fidelity Banks history of performance underlines the strength of its management, noting that the bank has proven to be able to keep investors trust.

Chairman, Nigerian Exchange (NGX), Mr. Ahonsi Unuigbe said the combined offer marked a pivotal moment for the bank and the financial services sector.

This is a testament to Fidelity Banks unwavering commitment to strengthening its own capital base and ensuring sustainable growth through amazing roles played by all of the professional parties to this transaction, Unuigbe, an investment banker and former director at Standard Bank, said.

He said the new banking recapitalisation is aimed at bolstering the resilience and stability of the nations financial institutions.

According to him, the ongoing recapitalisation has set robust minimum capital requirements that will ensure Nigerian banks are not only more solvent, but also capable of supporting the growth and development of the economy.

Acting Chief Executive Officer, Nigerian Exchange (NGX), Mr. Jude Chiemeka, commended Fidelity Bank for its performance and willingness to avail the investing public of every relevant information.

He assured that the NGX remains committed to supporting companies like Fidelity Bank in its quests to deepen the capital markets and fostering an environment conducive to sustainable growth and innovation.

Founder, KAM Holding, Dr Kamoru Yusuf, said Fidelity Bank has shown to be an exceptional bank with focus on the development of Nigerian economy and companies.

He said investing in Fidelity Bank will be an investment in the growth of Nigerian economy and companies like KAM Holding, the nations largest wholly indigenous metal and steel production company.

Yusuf, whose group has metamorphosed into a global business conglomerate operating in three countries across two continents, confirmed that KAM Holding has benefited immensely from financial supports from Fidelity Bank.

Yusuf, who was physically present at a session at the NGX to present facts behind the offer to the investing public, underlined the relationship between increased capital for a business-focussed bank like Fidelity Bank and the overall development of the Nigerian economy.

Addressing the investing public at the NGX, Managing Director, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, reiterated the commitment of the bank to delivering impressive returns to shareholders and supporting the growth of the Nigerian economy.

She explained that the new capital raising by Fidelity Bank was driven by its proactive business expansion plan having secured shareholders approval to raise new equity funds as early as August 2023. The Central Bank of Nigeria (CBN)s directive on new minimum capital was released in March 2024.

The offer will increase our capacity to support our customers and their businesses. In summary, this capital raise will help our customers to grow, their businesses to thrive, and their economy to prosper, Onyeali-Ikpe said.

She assured that with its groundswell of supports from enthusiastic shareholders, customers and stakeholders, the bank is on course to achieving the N500 billion new minimum capital base, which will clearly confirm the bank, beyond any doubt, as one of the biggest banks in Nigeria.

Onyeali-Ikpe noted that being the first bank to launch offer out of the many banks in Nigeria after the CBN directive, Fidelity Bank has shown again to be a pace-setter.

According to her, Fidelity Bank seeks the CBN recapitalization directive as a significant opportunity for a stronger and more resilient banking industry.

We have embraced the challenge as a catalyst to propel us, towards a long-term vision of becoming a market leader across every product that we offer and segment that we sell, not just in Nigeria, but as an international bank, Onyeali-Ikpe said.

She said the proceeds from the N127.10 billion capital raising exercise would be instrumental in achieving its strategic growth plan.

She highlighted that the funds, firstly, would be deployed to drive, business growth and regional expansion.

We will strategically expand our footprints within and outside Nigeria to serve as a broader customer base and to unlock new market opportunities.

Secondly, we will have what we call technological transformation. We are committed to leveraging proprietary technology to improve operational efficiency and deliver exceptional customer service.

Thirdly, we intend to diversify and grow. By investing in information technology (IT) infrastructure and product distribution channels, we will aim to diversify our earnings base through digitalization and business expansion, Onyeali-Ikpe said.

She said the management recognised the importance of investors and are committed to delivering value to them as well.
Our track record of accelerated growth and consistent dividend payment is a testament to this, Onyeali-Ikpe said.

A recent review had shown that Fidelity Bank outperformed all major market indices for measuring returns at the Nigerian stock market, with the banks average annual return over the past five years twice the average return by the overall market and almost four times of average return in the banking sector.

A review of official trading reports at the Nigerian stock market showed that investors in Fidelity Bank have earned more than 507 per cent in capital gains over the past five years, between May 31, 2019 and May 31, 2024
Fidelity Banks share price rose by 507.14 per cent over the period, representing average annual capital gain of 101.43 per cent. This significantly exceeds all other major return benchmarks, including the banking sector.

With 507 per cent capital gain in five years and average annual gain of more than 100 per cent, the return analysis implies that investment in Fidelity Bank is more attractive than other class of assets, including fixed-income securities such as government and corporate bonds; real estate investment and mutual funds among others.

These returns underscore Fidelity Banks immense value as a stock for all times, helping investors to hedge against inflation while preserving significant long-term value.

The high divisible nature of shares investment and high free float of Fidelity Bank, which makes the banks shares easily available, underline the bank as a most attractive investment option for all cadres of investors- small, medium and high networth; retail and institutional investors.

The All Share Index (ASI) - the common, value-based index that tracks all share prices at the Nigerian Exchange (NGX), which is widely regarded as Nigerias benchmark for equities market, recorded a five-year return of 219.61 per cent, an average annual return of 43.9 per cent.

Contrary to the significantly above average performance of Fidelity Bank, the NGX Banking Index-which tracks the banking sector, doubled by 120.53 per cent over the five-year period, representing average annual return of 24.11 per cent, more than 77 percentage points below Fidelity Banks average return.

Two other major price indices- the NGX 30 Index and NGX Main Board Index, recorded five-year cumulative return of 185.73 per cent and 265.6 per cent respectively, representing average annual gain of 37.15 per cent and 53.1 per cent respectively.

The NGX 30 Index tracks share prices of the 30 largest companies at the stock market while the NGX Main Board Index represents the largest and most diversified group of listed companies at the stock exchange. Fidelity Bank is quoted on the main board, like most other major banks and companies at the stock market.

The average annual return of 101.43 per cent underlines that Fidelity Bank provides substantial return for investors, even where such investors had borrowed money at the ruling interest rate and the invested fund was adjusted for impact of inflation rate.

Nigerias inflation rate peaked at a high of 33.69 per cent in April 2024 while the Central Bank of Nigeria (CBN)s Monetary Policy Committee (MPC) recently increased the Monetary Policy Rate (MPR), otherwise known as benchmark interest rate, to 26.25 per cent.
Fidelity Banks share price, which closed May 31, 2019 at N1.68 per share, rose successively to N10.20 per share by the end of May 2024.

The ASI had, during the period, rose from its opening index of 31,069.37 points to close weekend at 99,300.38 points. The NGX Banking Index rose from 361.57 points to 797.37 points. The NGX 30 Index, which opened the period at 1,286.68 points, closed the period at 3,676.44 points. The NGX Main Board Index appreciated from 1,267.54 points to close weekend at 4,634.31 points.

The refreshing taste of Nigeria, Bigi, brought another dramatic live show which kept the viewers on the edge of their seats with a suspenseful elimination twist. The show on Sunday showed the top six contestants performing in the show demonstrating their dexterity.

This week's show, themed “Experience the Feels,” saw the top six contestants deliver stunning performances in a celebration of Dads and love. The show featured electrifying performances and heart-warming dedications, with the talented singers vying to stay in the competition with their powerful vocals.

Adding to the excitement, renowned record producer, singer, and songwriter Pheelz, known for hits like "Finesse" and "Electricity," joined the judges' panel alongside musical superstar Davido.

In a heart-stopping twist, host IK deviated from tradition by calling contestants forward individually, announcing them as "safe." This suspenseful approach kept the audience guessing until Lady Ruth's emotional exit from the show was revealed. Despite her exit from the show, Lady Ruth leaves a winner, taking home a whopping N500,000 for winning a competition and a studio session with Pheelz.

The remaining six contestants showed off their talent, captivating viewers with electrifying performances. Lammy took audiences down memory lane with a powerful rendition of Michael Jackson's “Speechless,” while Chioma delivered a stunning performance of Sinach's “Way Maker,” with comments from Ric Hassani, Omawumi encouraging her to continue in the same stride, with her incredible performance

Maio thrilled the crowd with his rendition of “Papa” by Johnny Drille earning praise from Ric Hassani, Omawumi and Pheelz. Mira Clear's "Ain't No Mountain High Enough" by Marvin Gaye and Tammi Terrell was also sensational, as Omawumi could not hide her feelings, letting her know that she has the vocal talent to make it to the end of the contest, should she continue amazingly in the contest.

Impressively, Stevie's rendition of "I Want It That Way" by Backstreet Boys earned him words of encouragement from the judges. Chima sang "Hello" by Lionel Richie in a soulful way that led to a buzz of positive comments across social media and a standing ovation.

Bigi kept the audience refreshed throughout the show's exciting moments. Bigi is proud to support these talented singers this season as they chase their dreams of musical stardom.

Who will be eliminated next? The suspense continues as fans eagerly await to see who will be saved by votes. Tune in every Sunday at 7:00 PM on Africa Magic Family GOTV (Channel 2), Africa Magic Showcase DSTV (Channel 151), and Africa Magic DSTV (Channel 154). Get ready for more incredible performances and unforgettable moments, all brought to you by Bigi, the refreshing taste of Nigeria!

Rite Foods Limited, Nigeria's leading food and beverage company says its partnership with the Ojude Oba Festival is a testament to its commitment to promoting and preserving the rich cultural heritage of its communities.

The Ojude Oba Festival is an annual cultural display of the array and various dances, troops, and gallantry of the Ijebu people – at the King's Court. This year's edition themed: "Ojude Oba: Peace, Unity and Harmony, Our Gifts" was celebrated on Tuesday, 18th June 2024. The Festival which spans about two centuries fosters unity and peaceful co-existence in Ijebu-land.

At the Ijebu Ode Pavilion where the festival was held, the Company's Head of Corporate Affairs and Sustainability, Mr. Ekuma Eze, said that the continuous sponsorship of the cultural event stems from Rite Foods' commitment to promoting the age-long tradition and legacies that have been bequeathed to the Ijebu people and the ties that unite them.

"Rite Foods Limited will continually support worthy initiatives, like the Ojude Oba Festival, that represents cherished norms and values of the Ijebu nation, a collective endeavor of their tradition and cultural activities that bind them together. With a world-class factory at Ososa, in Ijebu-land, with many contributions to the development of the area, the company is committed to enriching the lives of the people in many ways, as demonstrated with the Ojude Oba sponsorship", he said.

Eze added, "We are excited to be in the vanguard of preserving the identity and civilization of the Ijebu people, and to refresh participants at the Ojude Oba festival with our array of unique brands comprising the 13 variants of the Bigi Carbonated Soft Drink, the Bigi Premium drinking water, the high-quality Sosa Fruit Drink with its five variants, the number one Fearless Energy Drink, as well as Rite Spicy Beef and Bigi Beef Sausage Rolls that are produced with the state-of-the-art infrastructure and modern technology."

While addressing the mammoth crowd at the Festival, Governor Dapo Abiodun of Ogun State, said, "The festival is a bond that unites Ijebu people and will always be held as it is one of the traditions that dates back two centuries ago, and a reflection of the cultural ideals that advances the development of Ijebu-land, hence his administration's support to its observance."

This year's edition lived up to billings. The highlight was the age-grade "Regberegbe" parade that saw about 90 Age Grade performances both male and female march out vivaciously showing off their culture with music, dance, and bright outfits to pay homage to the Awujale of Ijebuland, and 25 families of warlords, showcasing their dexterity in a peaceful and orderly manner that depicts their experience in warfare.

The Royal Father of the day, His Royal Majesty, Oba (Dr) Sikiru Kayọde Adetọna, CFR, J.P, stated that the event which attracts the sons and daughters of Ijebu-land across the country, and in the diaspora, also boosts the tourism potentials of the land, as foreigners throng Ijebu-Ode annually to witness it, and help tell the good story of the area abroad.

It was an exhilarating night of humour and good music at the Funny Bone Live comedy show, tagged "Aina’s Son." The audience was thrilled and entertained in equal measure as the evening featured side-splitting humour from top comedians across the country, as well as performances by renowned musicians.


Held at the prestigious Eko Hotels and Suites on Sunday, the event was sponsored by Optiva Capital Partners, Africa’s premier wealth management and investment immigration giant. This marks the second time in two years that Optiva Capital has demonstrated its immense commitment to bolstering the arts and entertainment industry, especially during these challenging times.
Dr. Jane Kimemia, CEO of Optiva Capital Partners, expressed her enthusiasm for the sponsorship, stating, "At Optiva Capital Partners, we recognize the vital role that the arts and entertainment industry play in enriching our lives and bringing people together. By sponsoring the Funny Bone Comedy Show, we aim to support and uplift the talented individuals and the industry dedicated to creating joy and laughter. This is our way of giving back and ensuring that the vibrancy of live entertainment continues to thrive."



Also lending her voice, the Executive Director Business Development Optiva Capital Partners Mrs. Amaka Okeke-Lawal noted “Sponsorships like the one provided by Optiva Capital for the Funny Bone Live comedy show are crucial for the survival and growth of the arts and entertainment industry. Optiva Capital’s support helped in achieving the high-quality performances that the audience experienced in this edition. Beyond covering production costs, such sponsorships are essential for offering platforms that discover and promote new and emerging talents, giving them the opportunity to showcase their skills to a broader audience.”


The host of the show, the multi-talented and award winning artist and comedian Stanley Chibunna, also known as Funny Bone, was introduced on stage by Ebuka Obi-Uchendu. Funny Bone delivered a series of well-structured jokes that resonated with the audience. In addition to a roster of comedians such as Real Warri Pickin and MC Larry J, music greats like Olamide, Phyno, and Peruzzi thrilled the audience, who sang along to their songs and danced. The show also attracted celebrities like Nollywood’s Wale Ojo, popular music manager Sunday Are, Emeka Okonkwo, popularly known as E-Money, and Pascal Chibuike Okechukwu also known as Cubana Chief Priest.


Optiva Capital Partners is Africa's largest provider of investment immigration and residency services. In addition, to offering specialist solutions in investment advisory, international real estate, and insurance services. Optiva Capital Partners is renowned for its positive impact in the arts and entertainment industry. Giving support to other entertainment shows and movies such as Ali Baba’s January 1st Concert, Pencil Unbroken Show, Áfàméfùnà and Kiss of Death.