Innovative and customer-centric telecommunication network, 9mobile, has rolled out a special hajj roaming offer for Nigerian pilgrims so that they can enjoy an affordable roaming experience for voice calls, SMS, and data while on pilgrimage in Mecca, Saudi Arabia.
The Hajj Special roaming offer, which is available till August 31, 2023, will enable 9mobile customers to enjoy massive, discounted charges on calls, data, and SMS transactions with an extra value of free incoming calls when roaming in Saudi Arabia (on the Zain network) during the Hajj period.
With the offer, voice calls (within Saudi Arabia & back to Nigeria) will cost as low N60 per minute tariff; SMS (within Saudi Arabia & back to Nigeria) will only cost N30 per SMS, and data will cost 5kobo per kilobyte (N0.005k/kb). The offer also grants free incoming calls of 200 Mins upon one-off or cumulative recharge of N5000.
Commenting on the special offer, Director of Product Innovation & Business Development at 9mobile, Kenechukwu Okonkwo said, “The Hajj offer was launched so that 9mobile customers who are performing this year’s Hajj can stay connected with their families, friends, and loved ones at pocket-friendly rates and avoid the hassles of acquiring a local SIM card for their short stay in the Holy Kingdom. The offer allows our esteemed customers to make calls to Nigeria and within Saudi Arabia, send text messages and browse the internet with their 9mobile SIMs at very affordable rates, with the added benefit of receiving calls from Nigeria free of charge. Customers must ensure that they roam on Zain, Saudi Arabia to enjoy these special roaming benefits.”
He reiterated 9mobile’s brand value of Quality, Innovation, and Customer-centricity as key to its service delivery, saying, “At 9mobile, we will continue to maintain our commitment to be there for our customers by keeping them seamlessly in touch with their loved ones via wholesome service delivery embedded in qualitative and innovative products and service offerings everywhere”.
9mobile continues to provide more value to its customers with new and exciting offers, which allows them to do more without incurring extra costs. This has been underscored by the telco’s recent massive investment in network modernization and upgrades, and the installation of new telecom sites to further boost service delivery, enhance the network experience, and to optimize market competitiveness.
The previous restrictions placed on domiciliary accounts of Nigerian deposit money bank (DMBs) customers have been relaxed as the apex bank issue further updates on foreign exchange (forex) transactions.
Following the Central Bank of Nigeria’s (CBN) new guidelines in the Foreign Exchange (FX) market recently released, the apex bank also announced further policy changes aimed to stabilise pressures in the economy.
According to the Director of Corporate Communications, Dr Isa AbdulMumin, these policy changes is to promote transparency, liquidity, and price discovery in the FX market.
AbdulMumin said this is to improve FX supply, discourage speculation, enhance customer confidence and ensure overall stability in the FX market. He said that in line with deliberations at an extraordinary Bankers’ Committee meeting held on June 16, the CBN provided further guidance to Deposit Money Banks (DMBs) as follows:
“All visible and invisible transactions (medicals, school fees, BTA/PTA, airline, and other remittances) are eligible for the Investors’ and Exporters’ (I & E) window. DMB ensures expeditious processing of all eligible hidden transactions on behalf of its clients using applicable tariffs at the I&E window.
“Ordinary account holders have unrestricted and unrestricted access to the funds in their account. Permanent account holders can make cash deposits up to $10,000 or equivalent per day by wire transfer. It’s allowed,” he said.
A CBN spokesperson said DMB has an obligation to provide benefits to CBN, including the “purpose” of such transactions. He added that as long as the DMB conducts proper Know Your Customer (KYC) due diligence, there will be no restrictions on cash deposits into the home account. “CBN will prioritize the orderly settlement of all FX forwards committed to maturity to further enhance market confidence,” he affirmed.
He added that Apex Bank will continue to engage with stakeholders and issue further guidance as it implements ongoing reforms.
The Sultan of Sokoto, Muhammad Sa’ad Abubakar, has declared June 28, 2023 to be Eid al-Adha.
Eid al-Adha celebrates Prophet Ibrahim’s willingness to sacrifice his son, Isma’il, to show his devotion to God.
The festival is the second most important religious event in Islam, after Eid al-Fitr, which commemorates the conclusion of Ramadan.
The sultan wished Muslims a happy Eid al-Adha in advance, according to a statement issued by the national moonsighting commission on Sunday evening.
“The Sultanate Council Sokoto has declared Monday 19/June/2023 as the first day of Zul-Hijjah 1444 AH. Accordingly, Wednesday 28/June/2023 will be the day of Eidul Adha 1444 AH,” the statement reads.
“His Eminence, the Sultan of Sokoto, Alhaji Muhammad Sa‘ad Abubakar, CFR, mni, wishes the entire Muslim Ummah happy Eidul Adha Mubarak in advance.”
During the “festival of sacrifice” known as Eid al-Adha, also known as Sallah, rams are slaughtered.
Due to ongoing repair work on the Lagos-Ibadan Expressway, the Federal Road Safety Corps (FRSC) has issued a new traffic detour.
“In continuation of the ongoing rehabilitation of the Lagos-Ibadan Expressway, the traffic has been diverted from linking the expressway at New Garage Lagos,” Corps Public Education Officer, Bisi Kazeem, in a statement on Sunday.
“Traffic from Isheri Olowora passing through River Valley Estate to link the expressway. Inward lagos have been diverted to pass through Babcock College, opposite Enyo filling station to link the expressway and drive into Lagos.”
Motorists might proceed via Ojodu and do a U-turn in front of FRSC Ojodu to connect the expressways at the BRT Bus-stop, according to a Corps spokeswoman.
“FRSC Corps Marshal, Dauda Ali Biu while directing the FRSC Commands along the corridor to ensure minimum hardship on behalf of commuters also enjoins the motoring public along the route to exercise maximum patience and cooperate with the law enforcement agencies along the said routes,” the statement concluded.
The Academic Staff Union of Universities (ASUU) has requested that President Bola Tinubu amend the recently passed Students Loans Act to grants for indigent students.
ASUU National President, Prof Emmanuel Osodeke said this on Channels Television’s program which was monitored by BizWatch Nigeria.
Osodeke said, “This would have been better if we are giving it to those set of students who are very poor, it should be called a grant, not a loan.
“It should be called a grant since it is coming from the Federation Account and not that (after) these people have access it and when they are graduating, they have heavy loads behind them and within two years, if they don’t pay, they go to jail.
“That’s why we’re talking about collective bargaining, you have views from all the sides.”
The loan, according to the ASUU President, is impractical. He stated that the debt is “unsustainable.”
Osodeke said, “The idea of student loan came in 1972 and it was in a bank established. People who took loans never paid, you can go and investigate. In 1994, 1993, the military enacted Decree 50 also set up a Students’ Loan Board.
“The National Assembly domesticated it in 2004 and within a year, it went off. The money disappeared. We want to see how this one will be different.”
According to him, over one million students attend Nigerian public universities, and the loan cannot sufficiently cover their tuition.
The loan terms, according to the ASUU President, are “not practicable,” and more than 90% of students will not meet the “stringent requirements” to receive and repay the loan.
He said, “We, as a union also did research of countries all over the world, of people who have benefited from this loan, they were committing suicide. Recently, (President Joe) Biden is trying to pay back the bank loans of some who borrowed in the US.
“It is better to look for alternative means of funding education than to encumbering students whose parents earn N30,000 a month with a loan.”
It was all glitz and glamour at the cocktail event to kick off the sixth edition of the Lagos Leather Fair, the event had in attendance key stakeholders, influencers, and the media. An amazing live band was in place to fill the room with beautiful sounds and masterful musical expressions.
The event also featured a beautiful spoken word rendition by Ms. Kemi Adedipe who kept the audience spell bound in a heartfelt poetry redition. The cocktail event also provided attendees the opportunity to connect with industry leaders, fashion enthusiasts, and other players in the leather industry. This was a great opportunity to build relationships, exchange ideas, and explore potential collaborations.
The cocktail event was more than just a social gathering. It also functioned as a private tour of the event, as the convener, Mrs. Femi Olayebi facilitated a tour of the exhibition area for a first-time view. This gave attendees an opportunity to have a sneak peek of what to expect at the fair and first purchase of any of the amazing wears from exhibitor stands.
At the cocktail event which was anchored by the spectacular on-air personality and broadcaster, Ms. Ronke Giwa, had in attendance representatives of the sponsors such as the MD CEO Remita, Mr Deremi Atanda and the Group Chief Marketing Officer Leadway Holdings, Mr. Labeodan who both gave remarks as to their excellence of the fair, their unwavering support of the leather sector and the made in Nigeria brand.
On the 17th and 18th of June 2023 at the Balmoral Convention Centre, Victoria Island, the fair will be featuring other exciting activities such as conversations, social media and marketing presentations using a case study review of different brands as well as workshops for upcoming designers. The fair will also feature established leather brands that will showcase their latest collections through unique presentations.
In conclusion, the Lagos Leather Fair 2023 kicked off on a high note with a leather cocktail event that was both entertaining and informative. The event provided a platform for attendees to have a first-hand experience of what to expect at the fair, connect with industry leaders, and explore potential collaborations.
We can’t wait to see what the Lagos Leather Fair 2023 has in store for us. Taking hints from the cocktail event it is sure to be something special!
MTN Nigeria is set to kick-off its 21 days of Y’ello Care in June 2023 and there is a lot to anticipate. This year, MTNers across the various regions in Nigeria will engage their communities in activities centred around the theme, Empowering Entrepreneurs to unlock Growth & Job Creation for Communities.
Here are seven things to anticipate during the 2023 edition of the Y’ello Care initiative;
· Trade Fair / Exhibition for 80 Entrepreneurs: This year, Y’ello Care will begin with a two-day trade fair that allows 80 entrepreneurs to sell their products to more than 1000 MTN employees at a discounted price. This is great exposure for the participating businesses.
· Zero-rated Virtual Training for 20,000 Entrepreneurs: There will also be free virtual training for 20,000 entrepreneurs, which will include discussions on company registration, financial literacy, how to activate a MoMo account, the use of social media for business growth, customer care skills and the MTN Enterprise Business solutions.
· Donation of empowerment equipment to 500 Women: In the NorthEast Region, 500 women will receive empowerment equipment to increase their production of soya bean, a legume popular planted in that area.
· Empowerment of 250 People With Disabilities (PWD’s): In the NorthEast Region, 250 people with disabilities will be empowered with N5,000 MoMo float to boost their business and digitise how they sell airtime.
· Y’ello Den Pitch-A-Thon: In Lagos, MTN will host the first-ever Y’ello Den Pitch-A-Thon for business owners, and five finalists will be selected to pitch their business expansion plans, with a chance to win financial and tech support from MTN Nigeria.
· Procurement of cassava pressing and grinding machines to rural women: In the SouthEast Region, women in rural communities will receive cassava pressing and grinding machines to increase production and eventual scaling of their business.
· Procurement of 15 Rechargeable barbing clippers to barbers: Youths across rural communities in the SouthEast Region will receive rechargeable barbing clippers to reduce the cost of running their barbing salon business.
Governor Godwin Obaseki of Edo State has said the nation spends about $500 billion (N300 billion) annually on the importation of dairy products, reiterating the need for the country to refocus on agriculture and production to drive economic growth and development.
The governor said this when he received a team from Heifer International, who were on a courtesy visit at the Government House, in Benin City.
He noted that his government is prioritizing agricultural production, sustaining investment in the sector to boost the state’s economy, tackle food insecurity and create wealth for citizens.
According to him, “We have a small State of about five million people, 70 percent of the people are under the age of 35 years, and need to make them know and understand that we don’t have the dollars to import food anymore as Nigeria spends about half a billion US dollars importing dairy products.
“Food and food security is very huge, particularly protein sufficiency for the mass of our people, especially children. We are a rich country with a rich and huge population and at some point in our history, we turned from agricultural production as we found crude oil and felt we have enough petrol, naira, and dollars to keep ourselves going forgetting that sometimes in our life we need to produce what we will eat.
“We became poor by exporting all we needed including food and food items. We spend billions of naira and dollars annually on the foods we can produce on our own.”
He continued: “My administration thrives on partnership. As a government, we see our role as one that enables things to happen. As enablers, we see our role as being able to mobilize resources, particularly human capacity, and knowledge, and direct them into areas of priority as we see.
“Interestingly, we have partners and we try to start something in the area of agriculture but have some difficulties and are making efforts to tackle them. We have gotten a commitment from our partners to make an investment in a modern farm from where we will propagate day-old chicks and get them into the market.
“It’s a long way to go and a lot of work but we are glad with the support and technology from the front end and understand that we need to go back the value chain and think of how to produce the grains, vitamins, feeds and all needed to grow the poultry business.”
Reeling from the gains of the government’s investment in agriculture, the governor said, “Last year, we put out 60,000 hectares of new farmland for estate farmers in oil palm which is under cultivation. For us, the lessons out there are to work with our partners to build the institution to train human capacity, extension workers, and farmers to help us understand what is going on, support the farmers and monitor what they are doing to guarantee their yield and help them make money and sustain their business.
“As a government, we are making the investment within the government, shaping our understanding and moving from an era in which government used to invest to the one where the government enables investment. It’s not an easy transition but as a government, we are continuing to make those investments and maintain the focus.
“Our relationship with Heifer International is the one we cherish. 79 years of existence and knowledge is not a small feat to achieve and we are excited you are here to see what we are doing and will do our best to utilize this opportunity of our partnership.”
Earlier, the leader of the delegation, Hilary Haddigan, while commending the government’s commitment to ensuring food security said, “We represent over 500 partners and donors that support our work. Our vision is to end poverty and care for the Earth while our mission is to support 10 million smallholder farmers.
“We have met with farmers in the State who are preparing to receive poultry products. We thank you for bringing happiness to the lives of smallholder farmers here in Edo State and would like to partner with your administration.”
According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate closed at ₦770.38.
This would mean that the Nigerian currency either gained or lose in value against the United States dollar, as the foreign exchange (forex) trading closed at N663.04 per $1 on Thursday, June 9.
How much is the dollarto naira at the black market today?
Going by sources at the Bureau De Change (BDC) in Lagos, the dollar to naira last traded between ₦745 and ₦750 in the black market in the state.
It is, however, pertinent to note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in forex to approach their respective bank
I make it bold to say that the most important day in a person’s life is his or her birthday! It is an important day when one’s personal flight touches down, marking the beginning of your journey on earth. However, some people choose not to celebrate their special day. Worse still, some do not even commit their birth dates to memory.
I used to belong in the former category! I never celebrated a birthday, not because of lack; I just didn’t care until I turned 40 years old. I can’t even claim that I set out intentionally to mark it. My wife organised a surprise parlour party in connivance with my friends.
My plan for my two-score birthday was very simple; to take a break from the hustle and grind, get some sleep, and reflect afterwards. I switched off my Nokia so no one could reach me. But my wife had a different plan, unbeknownst to me. She came to rouse me around 4 p.m. and pleaded that I should take my bath before coming to eat something in the dining room. You can’t imagine my shock when my friends started singing, “Happy birthday to you!” upon sighting me. It was a successful coup, and it tickled me a great deal. I still remember it fondly. I will be eternally grateful for her kindness and generosity.
Weddings are memorable occasions; one can hardly forget the joy he or she felt when they tied the nuptial knot. People will shower new couples with love and gifts. Yoruba weddings are arguably the most fun, with colourful Aso Ebi accompanied by lots to eat, drink, dance, and takeaway. However, only a few people remember their wedding anniversary the following year. It is not that people don’t care; the problem is that they need to be prompted. Couples can even decide to go their separate ways!
When you buy a property, a car, or even acquire a degree or promotion, people won’t wish you a happy anniversary the following year. It is a one-time activity, not like recurring birthdays. However, LinkedIn is the only social media app I know that remembers work anniversaries.
Some families mark the memorials of their loved ones on different scales. It is a cultural or status thing for Africans to celebrate the memorials of great personalities, sometimes with fanfare. However, it is not the same thing as marking a birthday because the celebrant is not alive to witness it.
During baby christenings and early birthdays, one is too young to comprehend what is going on. However, pictures and videos will convey the message much later.
It is important to commemorate and celebrate your momentous day as you grow in strength and stature. Your birthday is a reminder that you are alive, to show gratitude to the giver of life for His benevolence, and to enjoy yourself more than on a usual day. Birthdays bring you joy because people shower you with attention, love, fun, and gifts.
Men and women are different in the ways they celebrate their birthdays. A woman usually celebrates the entire week leading up to her birthday. She considers what to shop for, where to go, what hairstyle and outfit to wear, and which friend to celebrate with. But men usually do the opposite. A man wants to enjoy it with his friends without pomp.
Nowadays, the easiest way to mark a birthday is to go for photoshoots. It’s no wonder the photography business is booming. Just splash the pictures on your social media timelines during your day. People and well-wishers often celebrate birthdays on WhatsApp statuses. However, phone calls are the best way to celebrate with people; nothing beats hearing people’s best wishes; it is therapeutic.
I like marking my birthdays in small ways; I don’t like crowded things. These days, when people call or send me texts to wish me a happy birthday, I get emotional and teary-eyed with happiness. I often hear from people I haven’t spoken to or seen in years. In return for their kindness, I appreciate and show them gratitude for their affection and best wishes.
Facebook is one of the social media apps that sends birthday notifications if the user enables it; I like the medium for that. I am used to checking the app every morning, whenever I can, to know whose birthday is next. Outlook also sends birthday notifications the night before your contact’s birthday.
It is important to celebrate life. A birthday signifies a beginning and the joy of life. They are a clever way to make happy memories, reflect, and give us optimism for the future.
If it’s your birthday today, happy birthday!
By Segun Mcmedal
Segun McMedal is a public relations practitioner living in Lagos, Nigeria.
The Nigerian Stock Exchange (NGX) made a profit of 1.7 trillion last week as economic reforms boosted investor sentiment. Yields rose year-to-date as key market indicators rose on a stock-buying feast. Investors’ positions in banks, telecommunications giants and some other financial services firms increased in the market. However, there was a drop on Friday.
After that, the local stock exchange lost 106 billion yen in profit-taking sales. Compared to the week’s gains, the amount fell short of pushing down the major indices significantly. The market showed that the all-stock index rose 5.5%. In contrast, market returns improved from 9.1% to 15.12% as stockbrokers predicted further gains and foreign portfolio investors expected to return to local exchanges.
Average volume and value increased 143.3% and 69.1%, respectively, to 1.1 billion units and 15.5 billion pounds last week, according to a statement from brokerage Afrinvest. According to the newspaper, the top trading volume issues are UBA (684.8 million units), GTCO (462.7 million units), ACCESSCORP (327.5 million units), GTCO (14.7 billion ₦ billion), and ZENITH (9.9 billion ₦). ), UBA (₦). ) was 7.9 billion), led by the amount.
Afrinvest said all its sectors underwent positive performance, with five indexes up and one down. The bank stock index led the rally, gaining 12.6% with buying in ETI (up 22.2%) and Stanbic (up 15.6%). Similarly, the oil and gas index and the insurance index rose 11.9% and 9.0%, respectively.
This increase was driven by increases in counters such as TOTAL (+21.0%), SEPLAT (+10.0%), WAPIC (+40.4%), and SOVRENIN (+27.5%). MTNN (+9.6%), Airteraf (+7.8%), Guinness (+9.9%), Dansugar (+9.5%).
Taken together, Afrinvest Securities said these tickers helped boost the AFR ICT and Consumer Goods Indexes by 8.7% and 4.1%, respectively, on a weekly basis. In contrast, the Industrial Goods Index fell only -1.6% y/y on the back of a fall in buercement prices (-6.5%).
Investor sentiment, as measured by market width, improved to 1.0x from the previous week’s 0.3x as 76 stocks rose, 22 fell and 53 remained flat. This week, FTNCOCOA (+45.2%), UNITYBNK (+41.7%), WAPIC (+40.4%) increased the most, followed by JOHNHOLT (-17.9%), ABCTRANS (-12.8%), ELLAHLAK (-10.0%). was. Demoted.
Stockbrokers expect the uptrend to continue given the positive market sentiment and strategic positioning. Overall, the market capitalization of stocks increased by £1.7 trillion to his £32.1 trillion.
Nigeria's Crude Oil Export Drops by 240,000bpd over Trans Forcados Pipeline Closure
Nigeria’s oil production increased by 6.73 million barrels to 36.7 million barrels in May 2023, resulting in cumulative revenue of about N1.27 billion for the month under review.
Data obtained on Friday from the Organization of Petroleum Exporting Countries’ (OPEC)latest monthly oil market report for June 2023, showed that Nigeria’s crude oil production fell from a total of 29.97 million barrels. in April to 36.7 million barrels in May.
OPEC said crude production figures received by the global oil group, based on direct communication from Nigeria, showed that the country pumped 999,000 barrels of oil a day in April, but fell to a low. 1,184,000 barrels per day in May of this year.
Industry figures obtained by Statistica, a global statistics company, show the average cost of Brent, the international benchmark for crude, in April and May at $75 per barrel, respectively. and $80/barrel.
By producing a total of 29.97 million barrels of crude oil in April 2023, at an average price of $80 per barrel, Nigeria has earned about $2.4 billion (1.1 billion naira at exchange rates). The official exchange rate is 461 naira/USD, in April this year). In addition, by pumping 36.7 million barrels of crude oil in May, at an average cost of $75 a barrel, Nigeria’s oil revenue came in at around $2.75 billion, or 1.27. billion naira, based on the official exchange rate of 461 naira/barrel. $ as of May 2023.
However, it was observed that although the cumulative difference in Nigeria’s oil production for two months was more than 6 million barrels, the average cost of crude oil fell by about $80/barrel in April to around $80/bbl in April. $75/barrel in May.
Nigeria’s oil production has fluctuated since last year, with the country recording its lowest oil output of 0.937 million barrels per day in September 2022. The federal government and oil industry players say that this is due to the theft of large quantities of crude oil in oil-rich Nigeria. . The Nigerien Delta.
The situation has also resulted in huge revenue losses for the country, international oil companies operating in Nigeria, as well as local operators in the sector. But the country’s oil production began to improve after September, after concerted efforts by security officials and oil operators, with industry figures showing crude output at 1.014 million barrels per day. day in October.
This represents an increase of 0.077 mb/d from September production of 0.937 mb/d. In November, the country pumped 1.185 million barrels of crude oil, up 0.171 million barrels from the output produced in October.
The increase in production continued into December of last year, with Nigeria producing 1,253 mbd that month, representing a 0.05 mbd increase over November production. 2023 is about 23,000 bpd higher than crude oil production of 1.235 million bpd in December 2022. The momentum was maintained in February, with production of 1.31 million bpd. But volumes fell to 1.27 million bpd in March, ending Nigeria’s seven-month oil production streak. It dropped again in April to 0.998 mbd.
But the latest figures in OPEC’s June 2023 report show that Nigeria’s oil production increased in May, reaching 1.18 million bpd, a development that boosted the country’s oil revenues for the month. 5.
The federal government and other operators in the sector are currently trying to stem a drop in Nigeria’s oil production.
The Ijebu Boys Association, a non-profit, non-partisan social organization with members in Nigeria, Europe, and America, has received accolades and royal blessings from prominent thought leaders, royal fathers, and traditional chiefs from Ijebuland. This took place during the opening ceremony of the annual Ijebu Boys Association’s 3-Day Free Medical Outreach, held from June 8 to June 10, 2023, at De-Millennium Hall inside the Ijebu Ode Local Government Secretariat.
Among special guests of honour invited to the occasion is the Olorogun of Ijebuland, Chief (Dr.) Sonny Kuku, Master Consultant, Physician and Endocrinologist, Joint Chief Medical Director and Co-Chairman at the EKO Hospital (Ekocorp Plc). Others are Alhaji Babatunde Emilola Gazal, Executive Chairman, Ijebu Ode Local Government Council; Professor (Hon.) Bankole Okuwa, Political Analyst, Researcher, University Don and former HOD, Political Science at Olabisi Onabanjo University, and University of Arkansas, USA (2000-2007). The royal father of the day was the Ebumawe of Ago-Iwoye Kingdom, Oba (Dr) Abdul-Rasaq Adesina Adenugba Okoko-Danameji 1.
At the opening ceremony, Olorogun Kuku was full of praises, dancing, singing and praying for all the 54 members of the Ijebu Boys Association otherwise known as IJBOYS, for spending their hard-earned resources and time to sponsor the annual free medical outreach in Ijebu Ode.
In his words, “I heard this is the fourth edition, I didn’t know it was of this magnitude. You provided laboratory tests, virology tests, eye tests, and you are giving out expensive drugs, wheelchairs and walking aids free to patients; this is amazing. I am very proud of you, God bless you all”, he prayed. He went on to crack jokes saying “You have provided free medical treatment to about 2000 patients. If a thousand of that number came to Eko Hospital that would have given me a lot of income”. Dr Kuku made a personal unannounced financial donation to the association.
In his royal blessing, the Ebumawe of Ago-Iwoye Kingdom Oba (Dr) Abdul-Rasaq Adesina Adenugba Okoko-Danameji 1 sang a native praise worship song in honour of the Awujale of Ijebuland, Oba (Dr) Sikiru Kayode Adetona CFR. He now went on to pronounce royal blessings on the Ijebu Boys Association for not only taking care of the medical needs of the poor and needy in the society but also providing food for the over 2000 patients that came to benefit from the 3-Day event. He also blessed the medical team that supported the program.
Kabiyesi requested for a wheelchair for a particular physically challenged lady whom he used to see around Obanta Lodge in Ijebu Ode. Responding to the request the President of the association Mr. Olagbuyi Oduniyi took the microphone and announced that the wheelchair would be provided immediately. The lady in question, Ms Debby was invited and Oba Adenugba presented the wheelchair to her. Oba Adenugba called on governments at the state and local government levels to improve the health infrastructure in the state, increase the numbers of primary health care centers, and make healthcare accessible and affordable to the masses. He announced a financial donation to the program.
In his own remarks, Professor Bankole Okuwa thanked the association and called on other eminent citizens of Ijebuland to emulate what IJBOYS and the late Otunba Subomi Balogun have been doing in the area of medical intervention for the people of Ijebuland. Professor Bankole joined Ebumawe and Dr Sonny Kuku in announcing a financial donation to the course.
The executive chairman of the local government council Alhaji Babatunde Emilola Gazal also joined the chorus of praises on the Ijebu Boys Association. He stated that he is so impressed with the association that he had to make De-Millennium Hall available, free of charge to the association for the three-day outreach. Gazal promised to continue to support the Medical Outreach every year even after leaving office. He announced financial donation to the purse of the association.
The outreach attended to over 2000 patients, out of whom 600 eyeglasses were given out, 12 wheelchairs and 25 walking aids equipment were presented to lucky beneficiaries. Drugs worth over N4,000,000.00 were also freely issued to patients. Every patients that attended the outreach went home with a plate of sumptuous meals for the three days.
Beneficiaries at this year’s edition came from far and wide to the venue. According to the head of the medical team who is also a member of the IJBOYS, Pharmacist Olulanu Osiyale, “some of the beneficiaries came as far as Epe, Ikorodu, Agbowa in Lagos state. Some came from Sagamu, Abeokuta, Ijebu Igbo, Abigi in Ijebu Waterside, Ago Iwoye, Ososa among many other communities in Ogun state”. Pharm Osiyale explained further that the Ijebu Boys Association tasked themselves to raise funds to sponsor the medical outreach which he said started in 2019. The medical outreach, he said, has become the association’s signature project.
The Ijebu Boys Association was founded in 2017 as a non-profit, non-partisan social organization. It serves as a forum for the group of friends who grew up together in the 1970s and 1980s to gather, socialize, and promote the spirit of brotherhood while also working to further the human and physical development of Ijebu land through thought leadership, educational, economic, and social projects. The free medical outreach was launched in 2019 and is now a yearly program. This year’s edition is the fourth in the series.
For two years (2020 and 2021) while the covid restriction was in effect, the IJBOYS offered food palliatives to the elderly in a number of Ijebu Land towns and villages while they were unable to conduct their annual medical outreach.
L-R: Damilola Adeniyi, Corporate Affairs Manager, and Elizabeth Nnoko, Communications Manager, both of Olam Agri in Nigeria, holding the Sustainability Initiative of the Year Award received by Olam Agri for its Seeds for the Future (SFTF) initiative, at the African Food Awards 2023, held on Friday, June 16, 2023, in Nairobi, Kenya.
The Africa Food Awards recognises and celebrates the best companies and individuals in Africa’s rising food manufacturing, retail, academia, and food service sector. The awards celebrate excellence and encourage adopting world-class practices and technologies in Africa’s food manufacturing, retail, and service sectors.
As one of the winners of the Sustainability Initiative of the Year Award, the Olam Agri Seeds for the Future Initiative was launched as Olam Agri in Nigeria’s wheat value-chain social sustainability investment vehicle in 2021 and is driven by five key levers, which are supporting farmers and farming communities, enabling broader education & skill development for young people, empowering women (farmers & bakers), promoting health & nutrition, and reducing carbon emissions in business operations.
In 2022, the initiative announced an impressive first-year result of its multi-year research, seed trial and multiplication effort. It generated optimism that Nigeria is making strides toward increasing local wheat production levels. Now a full-fledged foundation, the initiative is extending its impact to other segments.
Francis Juma, the Founder and Chief Executive Officer of FW Africa, the organiser of the awards, said “After evaluation by our judging committee, Olam Agri’s sustainability investment through the Seeds for the Future Foundation met all criteria of reach, depth, and impact, and towers above the competition in the sustainability investment category and deserves to receive one of the Sustainability Initiative Award for the year 2023.”
He congratulated the business for its exceptional leadership and focused investment, which aim to drive impactful economic growth across operating markets.
Speaking on the award recognition, Ashish Pande, the Country Head of Olam Agri in Nigeria, explained, “We will keep scaling up investment in projects that positively impact farming communities, consumer health, the environment, and government’s economic growth agenda. The Seed for the Future Foundation is a major vehicle for driving our wider investment actions. The Sustainability Initiative of the Year Award recognition underscores our impact level.”
He thanked the award organiser for the recognition reiterating that the business would not rest on its oars. He maintained that it would keep investing in strengthening the Nigerian food production and processing segments.
Winners in the same category at the awards include Bio Food Products, Ngorongo Tea, Farmers Choice, EARBL, the Marindi Healthy Woman, and Broadway Bakery.
The Africa Food Awards took place during the Africa Food Industry Week, which consists of high-level events such as the Africa Sustainability Symposium, AFMASS Food Expo and the Africa Food Safety Summit, all held in Nairobi, Kenya.
L-R: Oluwakemi Nwogu, Group Head, Product Management, Interswitch; Elizabeth Okaome, Developer Relations Executive, Interswitch; Abdul Hafiz Ibrahim, Principal Software Architect, Interswitch; Obianuju Odukwe, Group Head of Technology, Interswitch and Idris Olubisi, Developer Advocate at the Developer Connect Series event held on Saturday, June 10, 2023 in Lagos.
Africa’s leading integrated payments and digital commerce company, Interswitch, has hosted developers and other tech ecosystem stakeholders to an insightful session in Lagos tagged ‘The Coded Meetup’ where the company presented a plethora of its cutting-edge APIs designed to strengthen the digital payment ecosystem in the country and beyond.
The Developer Connect Series is a catalyst for collaboration, innovation and growth within the Interswitch Developer Community. Attendees, consisting of seasoned Developers, Product Designers, Product Managers and those just starting their tech careers, enjoyed immersive learning, gained valuable insights and were awash with networking opportunities.
Participants were reintroduced to the Interswitch Developer Referral Program, designed to incentivize Developers, Product Managers, and Product Designers who refer partners, colleagues, or business owners to Quickteller Business. With the Interswitch Developer Referral Program, referrers earn 5% commission for 5 years (5 for 5) on transaction fees when clients referred register on Quickteller Business, integrate Interswitch Payment Gateway and consummate transactions. This initiative reinforces Interswitch’s commitment to empowering and rewarding its Developer Community.
During the event, Interswitch APIs and use-cases were showcased, unlocking a world of possibilities for seamlessly integrating payment solutions, value-added services and other financial services into their applications. By harnessing the power of Interswitch APIs, Developers can create transformative solutions and deliver unparalleled experiences to their customers.
Speaking at the event, Babafemi Ogungbamila, Chief Information Officer, Interswitch, said the company is at the forefront of driving the growth of the Developer Community not only in Nigeria, but also across Africa. He further stated with the current realities of the fintech ecosystem in Nigeria, opportunities abound for Developers to explore, design cutting-edge products, improve offerings and provide superior user experience to customers.
He said “At Interswitch, we remain committed to closing the gap in the payment ecosystem, this is why we organised The Developer Connect Series to empower and equip Developers with our APIs and enable them thrive”.
Oluwakemi Nwogu, Group Head, Product Management, Interswitch, said businesses are increasingly relying on APIs to improve their processes, enhance customer experience and drive innovation.
She reintroduced participants to the unique features of the Interswitch API Platform which was designed to help developers integrate seamlessly, noting that the platform is safe and secure.
“We believe that our API Platform will play a crucial role in facilitating digital transformation and provide an ecosystem that connects financial institutions, fintechs and innovators to service providers.
“The Interswitch API Platform currently carries an extensive catalog of Interswitch APIs and will extend to include a wide range of APIs from other reliable providers. The platform also has a user-friendly interface for developers to manage their API integration, analytics and support resources in one place.”
She urged the Developers, Product Designers and Product Managers to join the Interswitch Developer Community and leverage the community to innovate and collaborate.
Interswitch representatives and other industry experts spearheaded engaging discussions, shedding light on the latest industry advancements and emerging trends. These insightful conversations invigorated attendees, equipping them with forward-thinking perspectives and inspiring ideas to shape the future of digital payments, e-commerce and technology-driven solutions.
The event, which was held on Saturday, June 10, 2023, at GoMyCode Lagos, was a resounding success, gathering a diverse and dynamic community of tech developers and enthusiasts.
Right To Protein, an awareness campaign of the U.S. Soybean Export Council (USSEC) targeted at educating people about the importance of adequate protein consumption for better nutrition, health, and wellbeing, is set to hold its inaugural conference in Nigeria.
The Right To Protein Nigeria Conference themed, Right To Protein: Protein for a Sustainable Tomorrow, is slated to hold at Marriott Hotel, GRA, Ikeja, on Thursday, June 22, 2023, at 10.00AM and will be Live streamed on YouTube: @RightToProteinNigeria to a global audience.
Dr (Mrs.) Jummai Adamu Tutuwa, Director-General of the Federal Institute of Industrial Research, Oshodi (FIIRO) Lagos and an Associate Professor of Industrial Biochemistry will be the Special Guest of Honour.
Dr. Olubukola Omobuwa, a fellow of the West African College of Physicians and the current acting Head of the Department of Human Nutrition and Dietetics at the University of Osun (UNIOSUN), will do justice to the conference theme as the keynote speaker.
This will be followed by a highly engaging panel discussion session moderated by the cerebral Dr. Mrs Ifeoma Akeredolu. PhD, RD., Centre Coordinator, Yabatech UNESCO-UNEVOC Centre and Lecturer, Department of Nutrition and Dietetics, Yaba College of Technology, Lagos and will feature Kevin Roepke, Regional Director, South Asia and Sub Saharan Africa (SAASSA), USSEC.
Other members of the panel are Prof. Wasiu Afolabi, President, Nutrition Society of Nigeria (NSN) and a Professor of Community Nutrition in the Department of Nutrition and Dietetics and current Dean, College of Food Science and Human Ecology, Federal University of Agriculture Abeokuta, Ogun State, and Dr. Beatrice Oganah Ikujenyo (PhD), Associate Professor of Nutrition, Department of Home Economics, Lagos State University of Education, Oto-Ijanikin, Lagos.
The above panellists who are all key stakeholders in the nutrition sector, not just in Nigeria but from other parts of the world, will be discussing salient matters around nutrition, increasing protein consumption, its effect on productivity, impact on ensuring a sustainable future for Nigeria and Africa at large and ultimately, ensuring that everyone has an actual right to protein.
Announcing the agenda for the inaugural Right To Protein Nigeria Conference, Dr. Michael David, Country Team Lead, Nigeria and Sub-Saharan Africa, USSEC said that the conference is aimed at bringing together key stakeholders in the food, health, nutrition, academia, regulatory and soybean value chain to deepen discourse around protein consumption in Nigeria.
He further emphasized that the upcoming conference would focus on the need to encourage Nigerians to regularly consume proteins bearing in mind the invaluable impact protein has on the overall health of a person– eventually leading to a more productive workforce.
He said: “We are excited to be leading the narrative in changing Nigerians’ perception of protein consumption while also championing a behavioral shift towards optimizing consumption of a variety of protein sources including animal-based and plant-based protein, especially those options that can be easily accessed by and are relatively more affordable for most Nigerians.”
“This conference aims to underline our motive of bringing together experts and individuals passionate about nutrition to discuss the importance of adequate protein consumption for better nutrition, health, and wellbeing. Key learnings from the event will empower attendees with knowledge, evidence-based insights, and practical strategies needed to make informed choices regarding their protein intake, ultimately supporting their overall wellbeing,” said Dr. David.
Right to Protein campaign was launched in Lagos, Nigeria earlier this year in February with a media roundtable conference geared towards officially announcing the campaign as well as celebrating Nigeria’s inaugural Protein Day.
A 41-year-old manager of SEAP Micro-Finance Bank, Sola Ogungbe has reportedly committed suicide in his Iseyin home in Oyo State.
Ogungbe was said to have given loan facilities to some customers who defaulted in repayment.
A staff was said to have called Ogungbe’s wife on Wednesday afternoon because the former manager had not been reporting at work over the loan default crisis.
On getting home to report the call to her husband, the wife met his corpse.
A close friend of the deceased, who pleaded anonymity, said the deceased made a mistake by taking his life instead of discussing the issue with his friends.
He said: “The issue of suicide is becoming alarming, Sola made a great mistake by taking his own life because of debt, if he had shared this issue with his friends, maybe somebody would have come to his aid.
”Everyone is going through one thing or the other but our survival is anchored upon a communal living and friendship, tell people about your issues, you don’t even know who can help you.”
The body of the deceased has been taken to his hometown in Omu- Aran, Kwara State for burial.
Fatherhood encompasses more than just providing for a family; it involves imparting valuable life lessons to the next generation. One crucial area where fathers can have a lasting impact is in teaching their children about finance management. By instilling financial literacy and responsibility from a young age, fathers can equip their children with skills that will benefit them throughout their lives.
Explore the seven essential finance management lessons that fathers should teach their children;
The Importance of Saving
Teaching children the value of saving money is a fundamental lesson in finance management. Fathers can encourage their children to set aside a portion of their earnings or allowances regularly. By emphasizing the long-term benefits of saving, fathers can cultivate a habit of financial discipline early on.
Differentiating Between Needs and Wants
Helping children differentiate between needs and wants is crucial for developing smart spending habits. Fathers can guide their children to prioritize essential expenses while being mindful of unnecessary expenditures. This lesson teaches children to make thoughtful financial decisions and avoid impulsive buying.
Budgeting Skills
Teaching children how to create and follow a budget is an invaluable skill. Fathers can explain the concept of budgeting, assist their children in setting financial goals, and show them how to allocate funds for various expenses. This lesson will empower children to manage their finances effectively and avoid unnecessary debt.
Delayed Gratification
Fathers can teach their children about delayed gratification by encouraging them to save up for something they desire rather than seeking instant gratification through impulsive purchases. By instilling patience and discipline, fathers can help their children understand the long-term rewards of delayed gratification.
The Power of Investing
Introducing children to the concept of investing can foster a mindset of wealth creation. Fathers can explain simple investment strategies, such as saving in a high-interest savings account or investing in low-risk assets. Teaching children about the potential for growth through investments encourages them to think long-term and make informed financial decisions.
Responsible Credit Card Usage
As children grow older, fathers should educate them about responsible credit card usage. Explaining the importance of paying credit card bills on time, understanding interest rates, and avoiding unnecessary debt empowers children to use credit responsibly and maintain a healthy financial profile.
Giving Back and Philanthropy
Fathers should emphasize the significance of giving back to society and practicing philanthropy. Teaching children about charitable donations and the joy of helping others instills a sense of gratitude and empathy. It also highlights the importance of managing finances not only for personal gain but also for the betterment of the community.
Upshot
Fathers have a unique opportunity to shape their children’s financial futures by imparting essential finance management lessons. By teaching the importance of saving, differentiating between needs and wants, budgeting, delayed gratification, investing, responsible credit card usage, and giving back, fathers equip their children with lifelong skills and values. These lessons lay a solid foundation for financial independence, security, and responsible decision-making. As fathers take on the role of financial mentors, they contribute to building a generation of financially literate and empowered individuals.
The Nigerian Immigration Service (NIS) has introduced a ‘Trust Visa’ to encourage international investment in Nigeria.
The NIS, led by acting comptroller general Carol Wura-Ola Adepoju, launched the ‘Trust Visa,’ a new initiative to protect the interests of foreign investors entering the nation for business objectives.
According to Adepoju, the fundamental goal of this campaign is to prevent unscrupulous individuals acting as business people from taking advantage of international investors looking for partnerships with Nigerians.
The trust visa scheme also provides foreign investors involved in Nigerian partnerships with assurances of genuineness.
During her visit to Lagos’ Murtala Mohammed International Airport (MMIA), where the Visa-On-Arrival (VOA) lounge was inaugurated, she emphasized the importance of this effort in drawing more foreign direct investments to Nigeria.
Adepoju said “By implementing the trust visa system, the NIS aims to foster a secure and conducive environment for foreign investors, ensuring their confidence in engaging in business partnerships within Nigeria.”
“Because of the prevalence of international crime, especially the ones that are done online, when you have a lot of fictitious business offers, but some of them are afraid, they do not know the calibre of the people they are dealing with, you know sometimes you will need partners here.
“When investors obtain the necessary thrust visa, we will work closely with agencies such as the Department of State Services (DSS) and other security organisations responsible for safeguarding the country.
“If you are an investor seeking to partner with someone in Nigeria, we will provide you with a dossier and a security report on that person. This will enable us to determine their trustworthiness, and once we confirm their credibility, we assure you that your investment in partnership with them will be successful.”
The VOA facility, according to the acting CGIS, aims to ease the bureaucratic processes associated with getting a business visa. The number of international investors eager to come and invest in Nigeria is projected to rise as these procedures are simplified.
This enhanced user experience raises the country’s attractiveness as an investment destination and stimulates more foreign direct investment.
She said: “According to our records, a significant number of VOA visas were issued at the MMIA in 2022, totaling 55,644. Considering that these individuals are high-net-worth individuals (HNWIs), this figure holds significant economic importance.
“The renovation and expansion of the VOA lounges speak to the commitment of the Service and the Nation to welcoming High Business Network Investors willing to come for business purposes. Lagos being a centre of excellence requires a befitting reception for this calibre of investors”.
“By providing travellers with the convenience of having their visa processed in a comfortable space and in a timely manner upon arrival, the NIS is showing its commitment to ease of doing business and hostmanship, the art of making people welcome, which has become our brand signature”.
The biggest annual fair in West Africa is just few days away! For this year’s edition to be bigger than the previous editions, the Lagos Leather Fair (LLF) 2023 edition has secured major sponsorship deals from leading organisations including Bank of Industry (BOI), Providus Bank, Leadway Assurance, SystemSpecs, and Afrexim Bank.
The sponsorship deals between the LLF, and the sponsors are a positive development for the leather industry in Nigeria and Africa, and it has demonstrated the commitment of the sponsors to supporting the growth and development of the leather industry in Nigeria and Africa as a whole.
Set to hold on the 17th and 18th June, at the Balmoral Convention Center, Victoria Island, Lagos, the Lagos Leather Fair (LLF) 2023 edition will host major leather designers, manufacturers, and consumers of leather products from all over the world.
In showcasing the potential of leather industry in Nigeria and Africa, the LLF 2023 themed “Staying Ahead – Creativity | Collaboration | Commitment,” aims to inspire participants to push the boundaries of creativity, foster collaboration, and demonstrate an unwavering commitment to excellence.
The LLF 2023 through the introduction of the LLF Accelerator Programme, an innovative mentoring and development initiative is set to help businesses to grow and scale and become more competitive in the global market.
This year’s edition also promises to be an exciting event that will showcase the best of the leather industry in Nigeria and Africa. With the support of its sponsors and the introduction of the LLF Accelerator Programme, the exclusive master class, conversations, workshops, runway, and the award ceremony.
LLF 2023 is poised to make a lasting impact on the industry and inspire a new generation of leather enthusiasts. This programme will provide participants with the opportunity to learn from industry experts, receive guidance on business development, and access funding opportunities.
LLF 2023 is a great opportunity for aspiring designers to learn new skills, and network with other professionals from all over the world. The biggest Leather fair in West Africa is the best place to make your leathery dreams come true. If you’re interested in leather designs or if you’re simply looking for a creative and rewarding experience, then the Lagos Leather Fair is the place to be.
To be part of this amazing event, register here and to stay informed with real-time updates about #LLF2023 visit the website or Instagram Page.
