Town Gist Ng

The Managing Director of the Nigerian Export-Import Bank (NEXIM), Mr. Abubakar Abba Bello, will on Tuesday, September 2, 2025, at 9:00 AM, engage young entrepreneurs and business owners in a high-level discussion on wealth creation through non-oil export opportunities. The event, organized by the APC Youth Wing under the leadership of National Youth Leader Hon. Dayo Israel, will be streamed live online and aims to empower Nigerian youths to tap into the global non-oil export market and attract foreign exchange to boost the economy. According to Hon. Israel, “If we are to create more local jobs and attract foreign exchange into Nigeria, we must increase our non-oil export. We must equip entrepreneurs with access to funding and technical support so that Nigerian businesses can compete globally, especially leveraging AfCFTA opportunities.” The engagement will cover: Access to finance for SMEs and startups Agricultural value chain and export strategies Leveraging non-oil export for busines...

HAVAS Africa today announced the launch of HAVAS Red Nigeria, expanding the global merged media agency’s presence in West Africa and further strengthening its position across the continent. This follows HAVAS Red’s initial expansion into South Africa in October 2023, Côte d’Ivoire in April 2024, and Kenya in July 2025. HAVAS Red is the global PR, social and influencer agency micronetwork of HAVAS renowned for its merged media model that integrates earned, social, experiential and content to help brands and businesses meet the people and audiences they want to reach in meaningful ways. Launched in 2019, with today’s announcement regarding Nigeria, Red will have a presence in 23 markets including Australia, China, Côte d’Ivoire, France, Germany, Greece, Italy, Kenya, Middle East (U.A.E., Saudi Arabia and Oman), the Philippines, South Africa, Spain, U.K., Ukraine, U.S., and Vietnam. “Expanding into Nigeria is a pivotal step in our continued growth across Africa,” said James Wright, Global...

Ijebu, Nigeria – In a vibrant display of culture and tradition, Egbe Bobagunwa Diamond Obinrin Akile Ijebu, one of the recent accredited cultural groups in Ijebuland, marked a significant moment during the 2025 Ojude Oba festival with the official unveiling of Chief Mrs. Akorede Adunni Kuforiji as the Iya Egbe and Prince Animashaun as the Baba Egbe. The unveiling ceremony, which took place following a courtesy visit to the revered Paramount Ruler of Ijebuland, Oba Sikiru Adetona, the Awujale of Ijebuland, was a grand reflection of the group's deep respect for the Regberegbe cultural rites of Ijebuland. These two figures, now as Patron and Matron of Egbe Bobagunwa Diamond Obinrin, symbolize the finest qualities of the group: beauty, intelligence, and an unwavering love for their roots. With the leadership of Chief Mrs. Odutola Olasubomi Ajimuda, the Iyalode Egbe, expresses her pride in the unity and dedication of the young generation of Egbe members. "We are proud to unite as y...

Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline.   Both Emirates and dnata contributed record revenues in 2024-25, as the Group expanded its operations around the world to meet voracious customer demand for its high-quality products and services. For the financial year ended 31 March 2025, the Emirates Group reported a record profit before tax of US$ 6.2 billion), up 18% from last year and a record revenue of $ 39.6 billion. The level of cash assets also climbed to S$ 14.6 billion), up 13% from last year.   Emirates earns its place as the world’s most profitable airline, reporting a record profit before tax of $5.8 billion), up 20% from last year and a record revenue...

Metallurgists at AEM-Spetsstal (part of Rosatom’s Machine Building Division) have started shaping the first key components of the reactor vessel for Unit 6 of Hungary’s Paks II nuclear power plant (NPP). The heavy-duty steel parts — weighing around 600 tonnes — are being processed in St. Petersburg, Russia, as part of a major international clean energy initiative, using the latest Russian design. The forging process took place in the presence of representatives of the foreign customer. “The Paks II Nuclear Power Plant project is the largest nuclear investment in the European Union. With the construction of two new power units in Paks, we will be able to produce a significant amount of electricity in a sustainable manner for Hungary’s economy through the end of this century. The long-cycle equipment production is progressing steadily, thanks to significant efforts by Hungarian specialists – from design supervision to licensing and ongoing production monitoring. “A tangible result of thi...

  Renowned scholar and anthropologist, Franz Boas, in one of his scholarly works, gave a perspective of culture as a unique thing peculiar or specific to each group of people or society. He defined culture as "a unique set of practices, values, and beliefs that define a particular group or society, shaped by historical and environmental factors." Boas' perspective lays credence to the widely-held view that culture differs from one group of persons or society to another, and that the uniqueness of every culture represents the unique identity of the people of that particular culture. In Nigeria, like in many contemporary societies, the cultures of different people have evolved over time, and despite the influence of modernisation and the fast-rising popularity of pop culture,  many societies still maintain their unique culture and traditions.  The consciousness to give better media coverage and exposure to cultural festivals in Yorubaland started with the annual Osun Osogbo...

  A new era of wealth-building and financial empowerment is on the horizon as renowned financial expert and CEO of Alpha Oasis International Inc., Bose Odueke, prepares to launch her highly anticipated book, Steps to Your Personal Financial Freedom. The official unveiling and book launch will take place on March 8, 2025, at 2 PM EST (8 PM Nigeria time) in Mississauga, Ontario, Canada and virtually on Zoom via https://us06web.zoom.us/j/84716642324 (Meeting ID: 847 1664 2324). With financial security remaining a critical challenge for  adults and immigrants in Canada, Steps to Your Personal Financial Freedom provides a comprehensive roadmap to financial stability. Drawing from over four decades of experience in investment, financial planning, insurance brokerage, and tax consultancy across Nigeria, the UK, and Canada, Bose Odueke shares insightful strategies and real-life experiences to empower individuals in taking charge of their financial future. The book is designed to help ...