Author: Newsjaunts

The global music business has welcomed a fresh contender as TMoney Atlanta & L’america Recording Label, under Rehoboth Global Services Limited, officially launched operations in Lagos with the unveiling of its first artist, Oladele Samson Oluwaseun, better known as Samygin. Unlike the typical debut of a record label, the management emphasized that the new company is entering with a disruptive mindset—seeking to merge business acumen with creative innovation in order to position African music more competitively on the world stage. According to the label’s Chairman, TMoney Atlanta & L’america is designed to be more than a management outfit. “Our vision…

Ogun State Governor, Prince Dapo Abiodun, has told the international community that Ogun State is actively breaking trade barriers through bold initiatives designed to attract investment and deepen trade. Governor Dapo Abiodun stated this while participating in a high-level panel session titled “Investment Showcase: Unveiling Opportunities from Select African & Caribbean Sub-Sovereigns” at the ongoing IATF25 in Algiers, Algeria. Reaffirming Ogun State’s position as Nigeria’s leading investment destination, Governor Abiodun highlighted the pivotal role of subnationals in driving the success of the African Continental Free Trade Area (AfCFTA). He noted that despite Africa’s enormous potential, intra-continental trade still accounts for…

The Big Game is imminent. You were planning to watch it at your local restaurant, but you left the planning too late. Now, kick-off approaches, and you don’t want to miss the match. You send a quick text to a friend: “What was the name of that pirate site you used?” They send the address, and you log on. After closing half a dozen pop-up ads and filling a couple of dialogue boxes, you manage to open a blurry, low-res window showing the game. It’s glitchy, and the sound is out of sync with the images, but it’s just about…

Vice President Senator Kashim Shettima has called on the African Union (AU), African Development Bank (AfDB), and Afreximbank to support the efforts of the Chartered Risk Management Institute of Nigeria (CRMI) in tackling the growing wave of global risks confronting Africa. Speaking at the 24th International Conference of CRMI in Lagos, the Vice President, represented by the Technical Adviser to the President on Economic and Financial Inclusion, Dr. Nurudeen Zauro, emphasized the need for strengthened continental collaboration in addressing risks ranging from climate change and cybersecurity to pandemics, terrorism, and disruptive technologies. “For over two decades, the Institute has been…

Leading financial institution, Fidelity Bank Plc, has announced that Lagos State Governor – Mr. Babajide Sanwo-Olu- will lead the Lagos State delegation to the 2025 Fidelity Nigeria International Trade & Creative Connect (FNITCC). In a press statement issued to journalists over the weekend, the tier one lender stated that Governor Sanwo-Olu will use the FNITCC platform to highlight Lagos State’s unique positioning as the largest economy on the African continent and explore possible areas of sister city partnership with the City of Atlanta as well as Georgia State. “Lagos is a city of enterprise, creativity, and boundless opportunity. At FNITCC…

In a dramatic turn of events, Hon. Abdulmumin Jibrin Kofa, member representing Kiru/Bebeji Federal Constituency in the House of Representatives, has officially announced his departure from the New Nigeria People’s Party (NNPP), following what he described as a “rude shock” expulsion. “It came as a surprise and a rude shock, my sudden expulsion from the NNPP,” Jibrin declared in a statement released on Saturday, September 6, 2025. He expressed dismay over the party’s decision, which he believes was triggered by interviews he granted in English and Hausa. “I strongly believe the contents of the interview… should not warrant such heavy…

JMG Limited, a leading provider of integrated electromechanical solutions in Nigeria, extends warm greetings to Muslim Faithful on the celebration of the Eid-el-Maulud festival, commemorating the birth of Prophet Muhammad, the leader of the Islamic Faith, urging them to reflect on his teachings for peaceful co-existence. The Group General Manager, Rabi Jammal, noted that the Eid-el-Maulud is a period of sober reflection on the life, kindness, compassion, and teachings of Prophet Mohammed (SAW). He encouraged Islamic faithful to embrace solutions such as JMG’s solar power offerings, which are designed to enhance their comfort and overall well-being He emphasized that JMG’s…

Nigeria’s path to the 2026 FIFA World Cup hangs by a thread. With only four games remaining, the Super Eagles sit six points behind group leaders South Africa, leaving them as Africa’s biggest heavyweight in danger of missing out on the global showpiece. Anything less than maximum points in the coming days could spell elimination. Rwanda First, Then the Ultimate Clash The first hurdle comes on Saturday at 5 pm, when Nigeria host Rwanda at the Godswill Akpabio Stadium. The Amavubi currently sit second in the group on eight points and will be no pushovers. For Nigeria, this is a must-win. Drop points…

The European Union (EU) Delegation to Nigeria and ECOWAS, in collaboration with the Zuma International Film Festival, has launched the 2025 edition of the EU Short Film Competition, targeting emerging filmmakers in the country. The competition aims at enriching participants’ knowledge in modern filmography and exposing them to emerging trends in the industry. A press release issued by the EU Delegation to Nigeria and ECOWAS said the top ten entries in the competition would be screened at the festival. The overall top entry will receive a cash prize of N1.5m (one million, five hundred thousand naira) for the winner; N750,…

2024 marked a turning point for African startups. While total disclosed funding fell to $2.2 billion – down 25% from the $2.9 billion raised in 2023 – the numbers alone don’t tell the full story. Beneath the slowdown lies a deeper transformation: a shift from chasing valuation milestones to building operationally resilient businesses that solve fundamental problems. The funding contraction mirrored global trends, as higher interest rates and tighter capital allocation reshaped venture capital markets. Yet Africa’s downturn was not purely negative. In the second half of 2024, the ecosystem saw renewed momentum from large-scale rounds, notably from Moniepoint (Nigeria)…