In an exciting development, global markets are witnessing a surge in unicorns—companies valued at $1 billion or more—and Nigeria is no exception. Among the latest to join this prestigious group is Moniepoint, a leading Nigerian fintech, which recently attained unicorn status following a successful $110 million Series C funding round. This brings the total number of unicorns in Africa to eight, with Moniepoint joining the ranks of high-profile tech giants…

French President Emmanuel Macron has said that his Nigerian counterpart, Asiwaju Bola Ahmed Tinubu is on a mission to transform Nigeria like he did when he was governor of Lagos State. Tinubu, his wife, Oluremi and some top government officials and people from the business world have been in France on a state visit since Wednesday. The French leader spoke at a dinner in Paris on Thursday. Special adviser to…

President Bola Tinubu has reaffirmed his commitment to reforms aimed at repositioning Nigeria and Africa for global economic relevance, asserting that the continent’s future is intertwined with transformative leadership. He made this statement during a State Dinner organised in his honour by French President Emmanuel Macron at the Palais des Elysée in Paris on Thursday night. President Tinubu, accompanied by First Lady Oluremi Tinubu, top Nigerian officials, and prominent businessmen,…

“Up NEPA” is a Nigerian expression passed down generations, succinctly capturing the irony of erratic electricity supply in an energy-rich country.If you hear the phrase anywhere in Africa’s most populous nation, it can only mean one thing — that the familiar torment of a power outage has ended, at least for the time being.This acronym for the defunct National Electric Power Authority found its way into a 2024 documentary of…

International buyers of Ghana’s cocoa have made at least half a billion dollars of upfront payments to state marketing board Cocobod, according to Reuters’ calculations, in a dash to secure supplies and avoid another season of heavy losses.An abrupt overhaul of the three-decade-old marketing system in the world’s No.2 cocoa grower has thrust traders and processors into a vastly expanded role in financing and bringing in the crop.Previously, Cocobod would…

Bode George, a former deputy national chairman (south) of the Peoples Democratic Party (PDP), says Bayo Onanuga, the presidential spokesperson, will face repercussions for insulting former President Olusegun Obasanjo. BACKGROUNDObasanjo, speaking at the Chinua Achebe leadership forum at Yale University in the US on November 16, said the 2023 general election was a “travesty”.The former president said Nigeria’s failing state status is evident due to “widespread corruption, poor leadership, and…

Sheer hypocrisy is what makes Chief Olusegun Obasanjo to accuse today’s INEC of malpractices when the same INEC under him in 2007 organised what was popularly adjudged the worst election in Nigeria’s history through Professor Maurice Iwu (Wuruwuru). So much that the beneficiary of the ill-gotten mandate, President Umar Yar’Adua, openly admitted the glaring irregularities and, as his own atonement, instituted the Uwais Panel to come up with electoral reforms.

Bird strike is a collision between an aircraft and a bird or other wildlife, such as bats or small animals. It can pose a significant threat to aviation safety. Causes of bird strikes include birds attracted to airport surroundings by things such as food, waste and water; and habitat encroachment whereby airports built near wetlands. Others are weather conditions which includes like storms, turbulence and aircraft flight path. The effects…

The Nigerian Senate is expected to approve President Bola Tinubu’s $2.2 billion loan request today, Wednesday, November 20, as part of the government’s strategy to address the N9.7 trillion deficit in the 2024 fiscal year budget. The loan is a crucial component of the external borrowing plan tied to the N28.7 trillion budget proposal for the upcoming year. President Tinubu formally submitted the loan request to the Senate and House…

Vivacious Nigerian Disc Jockey, Florence Otedola, popularly known as DJ Cuppy, recently took to social media to humorously declare herself “wife material. The 32-year-old entertainer highlighted her hardworking and dilligence virtues by sharing a photo of herself doing laundry on the social media. In the post on X (formerly Twitter), she wrote, “Wifey material: doing laundry and trying not to break hearts at the same time.”Beyond her lighthearted remark, DJ…

There appears to be some confusion among some on the communications and media structure in the Presidency, and on who exactly is at the top of the ladder. Rightly so too, given the overlap in the designations of the Special Advisers and (Senior) Special Assistants tasked with managing the media, communications and orientation function(s) for and on behalf of the President. It needs not be so. But the confusion didn’t…

The outlets and network of insurgency groups, invariably thrives on paddles of uninterrupted proliferation of smuggling of resources for survival. This is but the centre of gravity of a more than a decade old insurgency campaign in the Northeast. The network of proliferation and smuggling are tied to established strongholds, links and machinery of motions like couriers and spies who live by means to evade detection. Despite means to curtail…