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Afreximbank wins two top prizes at African Banker Awards 2023

Cairo, May 26, 2023 – The African Export-Import Bank (Afreximbank) has won two of the most prestigious prizes at the African Banker Awards 2023 ceremony held in Sharm El Sheikh, Egypt.   Afreximbank won the African Bank of the Year award and the DFI of the Year award. The organisers of the awards, held on the sidelines of the Annual Meetings of the African Development Bank, said that the awards to Afreximbank were in recognition of the Bank’s growing leadership within Africa’s financial services sector. They said that the African Bank …

Entertainment General News

Singer Tina Turner dies at 83

Lagos, May 24, 2023 – Tina Turner, one of rock’s great vocalists and most charismatic performers, has died aged 83, her spokespersons have confirmed. In a statement, they said: “Tina Turner, the ‘Queen of Rock’n Roll’ has died peacefully today at the age of 83 after a long illness in her home in Kusnacht near Zurich, Switzerland. “With her, the world loses a music legend and a role model.” The US-born star was one of the best-loved female rock singers, known for her on-stage presence and a string of hits including …

Tech

Artificial intelligence expert warns of dangers of the field

Lagos, May 2, 2023 – Geoffrey Hinton, a scientist regarded as the godfather of artificial intelligence (AI), has quit his job at Google over fears of growing dangers from innovations in the field. Hinton announced his resignation in a statement shared with the New York Times on Monday, saying he now regrets his work. In 2012, Hinton and two of his graduate students at the University of Toronto created the technology that became the intellectual foundation for AI systems. Commenting on recent advancements in the field, Hinton said tech companies …

Entertainment Travel

Ibom Air receives IATA safety certification

Uyo, April 12, 2023 – One of Nigeria’s local airliner, Ibom Air, on Wednesday received its first IATA Operational Safety Audit certification since it started operation four years ago. The airliner announced that the Operational Safety Audit Certificate was formally presented to it on Wednesday, April 12, 2023. Ibom Air Chief Executive, Mfon Udom, led other  management team to receive the certificate at the Ibom Air headquarters in Uyo, the Akwa-Ibom state from IATA representatives Dr. Samson Fatokun, and Jennifer Aisha Yeates. The International Air Transport Association (IATA) established the …

Entertainment Travel

Arik Air founder barred from airline’s premises in spite court order

Lagos, April 12, 2023 – The Chairman and Founder of Arik Airline, Chief Johnson Arumemi-Ikhide, has cried foul over his inability to access the company’s premises on the directive of the receiver/manager in spite of a court order. The company has been under receivership since 2017 when AMCON appointed Kamilu Omokhide as the receiver manager after taking over the airline. Arumemi said he had obtained a recent court order to permit the directors and shareholders of Arik Air to freely access their offices, premises, facilities, and staff necessary for executing …

Entertainment Vogue

Khosi wins Big Brother Titan reality show

Johannesburg, April 2, 2022 -Khosi has won the $100,000 grand prize winner in the Big Brother Titans reality TV show which ended on Sunday. Kanaga Jnr and Tsatsii emerged as the first and second runners-up, respectively. Khosi, 25, is from KwaZulu-Natal, but she lives in Johannesburg South Africa. The journalist had said during the premiering of the show that ‘talkative’ and ‘open-mindedness’ suit her profession The ‘Ziyakhala Wahala’ edition premiered on January 15, 2023 brought housemates from Nigeria and South Africa under one roof. BBTitans was held in South Africa …

Internet Travel

FG approves N44.2bn for free internet services at 20 airports

Abuja, March 30, 2023- The Federal Government has approved N24.2 billon for the provision of free internet services at 20 airports across the country. The free internet services will also be extended to some higher institutions and markets to support small and medium-scale enterprises. About 43 higher institutions will benefit from the project. This was announced by the Minister of Communications and Digital Economy, Prof. Is Pantanmi, on Wednesday after the Federal Executive Council meeting in Abuja. He said the National Communications Commission (NCC) would spearhead the delivery of the …

Tech

European Commission directs its members staff to delete TiKToK app

Lagos, Feb. 23, 2023 – The European Union’s executive organ, the European Commission, has directed its members of staff to delete the social media app, TikTok, from their corporate devices. In an email sent on Thursday, the Commission informed staff members of its decision “to suspend the TikTok application on corporate devices and personal devices enrolled in the Commission mobile device service.” Staff members were given till March 15, to delete the video-sharing app from affected devices. The news was confirmed in a release by the commission where it was …

Entertainment Travel

Transcorp Hotels appoints new non-executive director

Abuja, Feb. 19, 2023 – Udechukwu Obi Osakwe has been appointed a non-executive director of the leading hospitality brand, Transcorp Hotels Plc, effective February 17, 2023, subject to the approval of shareholders. Osakwe’s appointment comes following the retirement of Mr. Alexander Adeyemi from the board after serving for close to four years. Osakwe brings to the board his extensive experience in Finance and Management Consulting, having held critical roles across the public and development sectors. He is an experienced Chartered Accountant, Finance Director, and strong finance professional with a demonstrated history …

Tech

African countries should stop energy subsidies – AfDB

Lagos, Jan. 20, 2023 -The African Development Bank (AfDB) has advised African countries to stop subsidies on energy consumption to release more resources to bridge the deficit in production. It said that energy subsidies was one of the reasons why Africa countries were experiencing energy insecurity. Energy insecurity means energy deficit when the amount of energy consumed is greater than the amount of energy produced. The AfDB gave this advice in its 2023 African’s Macroeconomic and Performance Outlook report which was released on Thursday, January 19, 2023. In the report, the …