Author: Newsjaunts

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)…

Nigeria’s diversification drive has gathered momentum in recent years as government initiatives push to reduce dependence on crude oil and strengthen non-oil sectors as engines of growth. From the Central Bank of Nigeria’s RT200 programme to incentives offered by the Nigerian Export Promotion Council (NEPC), the country has implemented policies designed to encourage exporters, boost foreign exchange inflows, and integrate local enterprises into global value chains. Complementing these efforts, Fidelity Bank Plc has steadily positioned itself as one of the private-sector leaders advancing the country’s non-oil export agenda. Through its flagship initiative—the Fidelity Nigeria International Trade & Creative Connect (FNITCC),…

Several lucky Nigerians on Monday received huge cash prizes in Globacom’s Jolly Product Cash Award presentation ceremonies held simultaneously in different cities across the country. The events featured winners from different categories, Jolly Life lottery, Jolly Wheel, Jolly Win, and Jolly Trivia. The star prize of ₦1 million went to Sunday Efenure, a 69-year-old technician from Edo State who won through the Jolly Wheel promo. Efenure who received his cheque in Lagos confessed that he almost ignored the news of his win, fearing it was a scam. “With the rate of scams in the country, I didn’t believe it at first. My wife encouraged…

…We’ve never seen such a governor–Olu of Itori

The People’s Democratic Party (PDP) has suffered another setback in Ogun State as Honourable Akinde Kehinde Olaniyi, a prominent chieftain and former chairmanship candidate for Yewa North Local Government in the 2021 local government elections, formally announced his resignation from the party. Speaking during a media briefing held at his country home in Ijoun, Yewa North, Hon. Akinde expressed deep disappointment with the current state of the PDP, both at the national, State and local government levels. “The one-time noble party I cherished so much has become a shadow of itself,” he said. “Right from the national level manipulative division…