Author: Newsjaunts

In a landscape marked by volatility and uncertainty, OPay, one of Africa’s leading fintech companies, is navigating a complex financial environment as it reports significant growth alongside potential liabilities. Recent filings from Opera Limited, which holds a minority stake in OPay, reveal a mixed financial picture for the rapidly expanding digital payments firm. Key Financial Insights 1. Valuation and Stake Increase: OPay’s valuation has surged to approximately $2.75 billion, reflecting a notable increase from $2 billion in 2021. This growth is attributed to its expanding customer base and services, particularly in Nigeria and Egypt, where traditional banking access remains limited…

The excitement from President Tinubu’s historic visit to Anambra State recently is still reverberating across the region. It was a visit Governor Soludo maximised to the benefits of the State and region based on his strategic requests and Tinubu’s response. In a statement issued by the State’s Commissioner for Information, Law Mefor on Sunday 11th of May, 2025, the government and people of Anambra State expressed their profound appreciation to the President, for his historic State Visit to Anambra, on May 8, 2025. According to him, the visit marks a significant turning point in the quest for inclusive national development.…

Abbey Mortgage Bank Plc, a renowned financial institution in Nigeria will hold its 33rd Annual General Meeting (AGM) on Wednesday, May 28th, 2025.The virtual event is scheduled to hold by 11:00am and the details for participation will be made available on the Bank’s website and official communication channels in the coming days. This year’s AGM will provide an important platform for the Bank to engage with shareholders, present its audited financial statements for the year 2024, and also discuss key milestones, governance decisions, and strategic goals for the future.The AGM will also include the presentation of its financial report, dividend…

Barcelona host Real Madrid on Sunday in the fourth and final El Clásico of the season. The world’s biggest club game in league football, to be broadcast live on GOtv, will feature a resurgent Barcelona and an out-of-sorts Madrid.. Hansi Flick’s Barcelona have been one of Europe’s standout teams in 2025. Despite their dramatic 7–6 aggregate loss to Inter Milan in the Champions League semi-finals, they’ve stunned critics with a campaign powered not by star signings but by a resurgent La Masia. With just one key addition this season, Flick has relied on academy talents like Lamine Yamal, Fermín López…

Jamara Home, one of Nigeria’s leading destinations for electronics and home appliances, celebrates this year’s Mother’s Day with heartfelt appreciation and a variety of items to help customers honor the incredible women in their lives. From practical everyday solutions to thoughtful lifestyle upgrades, Jamara Home has in stock a wide selection of products to suit every type of mum because every mother deserves to be celebrated in a way that’s as special as she is. Rabi Jammal, Managing Director of Jamara Home, says: “We see mothers as the unsung heroes of our everyday lives. This celebration gives us an opportunity to express our…

Telecommunications and digital solutions company, Globacom, has said its Examination Preparatory Service was specifically designed to help students excel in Computer-Based examinations. Reacting to the poor performance of students in the 2025 Unified Tertiary Matriculation Examination (UTME) examination, the company explained that the Glo Examination Preparatory Service trains students on practical ways to excel in Computer-Based examinations such as Joint Admissions and Matriculation Board (JAMB), Junior and Senior West African Examination Council examinations as well as IELTS. The 2025 UTME results released by JAMB on May 5 had elicited widespread concerns as more than 1.5 million out of 1.9 million…

The Premier League continues this weekend with a full slate of fixtures that could dramatically reshape the race for European places. While champions Liverpool host second-placed Arsenal in Sunday’s showpiece match, the most consequential tie in terms of the top-five battle sees Newcastle United face Chelsea. All matches will be broadcast live on GOtv. The weekend kicks off with a block of simultaneous 3:00 pm fixtures. Fulham host Everton at Craven Cottage, Ipswich Town take on Brentford, Manchester City travel to bottom-placed Southampton, and Wolves welcome Brighton. City, currently third and on a four-game winning streak, will be expected to…

The Ogun State Governor; Prince Dapo Abiodun has commissioned Nigeria’s first large scale rapid diagnostic test (IVT) production facility and second of its kind in Sub-Sahran Africa. The company, CODIX BIO Limited, an In-vitro Diagnostic(IVD) factory is located along the Sagamu expressway, with scope of production that concentrates on the manufacturing test kits for HIV, Malaria, as well as Hepatitis B and C. The Governor, while speaking at the event on Friday expressed delight over the giant strides, adding that with capacity of the facility to produce about 147 million test kits annually, the factory marks the Dawn of a…

The countdown is on as the continent turns its eyes to Lagos for the grand finale of Africa’s biggest celebration of film and television, the 11th edition of the Africa Magic Viewers’ Choice Awards (AMVCA), taking place this Saturday, 10 May 2025. Organised by Africa Magic in association with MultiChoice, the AMVCAs have grown to become the continent’s most prestigious platform for recognising excellence in African film, television, and digital content. This year’s event is a four-day cultural and industry showcase that began on Wednesday, 7 May 2025, and continues to build momentum toward the main awards night. The festivities…

The Kwara State government has sought to partner the Economic and Financial Crimes Commission, EFCC in recognition of the Commission’s efforts at taming the scourge of internet fraud and other financial crimes in the state. The proposal was made on Wednesday, May 7, 2025 when the state’s Commissioner for Social Development, Hajia Mariam Nnafatima Imam, paid a working visit to the Director, Ilorin Zonal Directorate of the EFCC, Mr. Daniel Isei. Speaking at the event which focused on building partnership frameworks towards addressing the tide of internet fraud and other financial crimes in the state, Imam lauded the EFCC for…