Flour Mills of Nigeria (FMN) has commissioned the solar-powered clean water plant financed for the Gbaji-Yeke Community, Badagry, Lagos. The milestone was achieved in partnership with the Lagos State Government under One Community At A Time project (OCAAT), which aims at addressing the specific needs of grassroots communities and providing sustainable solutions.Speaking at the commissioning ceremony, Group HR and Services Director FMN, Wale Adediran, expressed enthusiasm at the project and its transformative impact on the Gbaji-Yeke Community, noting that the initiative exemplifies the company’s commitment to community development, sustainable practices and positively impacting the lives of Nigerians.“Access to clean water…
Author: Elvis Eromosele
Flutterwave, Africa’s leading payments technology company, has announced a strategic partnership with Audiomack, music-streaming and discovery platform. This collaboration enables Audiomack to provide premium music experiences and unlock new features for its customers and artistes for a fee. With a strong presence in almost all 54 countries on the African continent, Audiomack has become the go-to platform for artists, tastemakers, labels, and fans seeking to explore and share music from diverse African cultures. Since its inception in 2012, Audiomack has been committed to supporting the African music scene, opening a Lagos office, and expanding its reach in 2021 in key…
Google for Startups (GfS) has announced the 25 African-based startups selected for this year’s $4 million Black Founders Fund. The Black Founders Fund, now in its third year, aims to help tackle systemic racial inequality in venture capital (VC) funding by providing equity-free grants and mentoring to early-stage Black-led high-growth businesses across Europe and Africa. The selected cohort of 40 startups from Europe and Africa, includes 25 African startups that embody the diverse entrepreneurial spirit across the African continent. Startups led or co-founded by women make up 72 per cent of the group, highlighting the role women play in shaping…
The naira devaluation by the Central Bank of Nigeria (CBN) has reduced the wealth of Africa’s richest man, Aliko Dangote and his countryman, Abdulsamad Rabiu, by $5.85 billion. On Thursday, Bloomberg Billionaire Index disclosed that the net worth of Dangote, the founder of Dangote Group, the majority shareholder of Dangote Cement and Dangote Sugar, lost $3.12 billion. Dangote’s estimated wealth fell from $20.92 billion to $17.8 billion, as the value of his cement and food businesses was affected by the unification of the multiple exchange rates. Similarly, Rabiu, the founder of BUA Group, majority shareholder of BUA Cement and BUA…
Investing in the Nigerian property market presents an incredible opportunity to everyone, especially diaspora buyers who desire to own property back home. To go bare about this, navigating this venture from abroad comes with unique challenges. From unfamiliarity with the local market to communication barriers and legal concerns, diaspora buyers often face obstacles that can hinder their property investment journey. In this blog post, we will explore the common challenges faced by Nigerians abroad when investing in Nigerian real estate and introduce Qshelter Limited, your go-to solution for a hassle-free home buying experience and seamless shelter solutions. As a trusted…
The Family of Late Sir Michael Enudi Okoli, has announced the burial arrangement of their late mother, Lady Catherine Ifeyinwa Okoli (Nee Ezeyim) who died on Thursday, April 27, 2023 at the age of 79 years. A statement jointly signed by Ven. (Arc.) Chuks Okoli and Emmanuel Osita Okoli confirm that the Funeral Rites for their mother will hold on Friday and Saturday, June 23 and 24, 2023 respectively, beginning with a Service of Songs at St. Augustine’s Anglican Church, Federal Housing Estate, Trans-Nkisi, Onitsha on 23rd June., followed by the Funeral Service on 24th June at the Basilica of…
By Elvis Eromosele Nigeria, one of Africa’s largest economies, has a longstanding history of grappling with currency stability and foreign exchange challenges. Over the year, the Nigerian government has employed various measures to manage its currency, the naira, including pegging it to a specific exchange rate. This naturally created two exchange rates, the official and the black market. The disparity between the two provided an avenue for people with access to dollars to buy at the official rate and resell at the black market. Many millionaires and a few billionaires were created through this distorted system. Floating the exchange rate…
Hi There! You can now download the hit single “Mere anyi ebere” for free. The song is an outcry for God’s unfailing mercy has been released by Worship Leader, Sister Elizabeth Ndubisi Eromosele. The song is based on the Bible passage that it’s by God’s mercy that we are not consumed, his compassion never fails. The steadfast love of the Lord never ceases. “Mere anyi ebere” encourages us to approach God’s throne of grace with confidence, so that we may receive mercy and find grace to help us in our time of need. You will agree with me that This…
Elvis Eromosele Payment is an important driver of commerce and socio-economic development. The evolution of payment is today revolutionizing society. Across the African continent, technology intertwines with tradition forging a path toward financial inclusion. As digital payment infrastructure expands, businesses flourish and communities thrive. The once-insurmountable challenges of accessing financial services are being overcome, opening doors of opportunity for individuals and enterprises alike. From the bustling streets of Nairobi to the vibrant cities of Johannesburg, and the ancient wonders of Egypt to the thriving markets of Nigeria, a transformative wave is sweeping across Africa. In this digital age, the continent…
Enthusiasm is a positive and passionate state of mind characterized by excitement, energy, and fervour. It is the genuine and infectious enthusiasm that individuals bring to their actions, work, and interactions with others. Enthusiasm is important for several reasons: Motivation and Drive: Enthusiasm serves as a powerful motivator that propels individuals to take action and pursue their goals with vigor. It fuels their drive and determination to overcome obstacles and achieve success. Positive Attitude: Enthusiasm cultivates a positive attitude and outlook on life. It helps individuals maintain optimism, even in the face of challenges, and encourages a proactive and solution-oriented…