News

PROF OSIBANJO AND FOLA TALK ON THE DEATH OF AYO FASANMI

Nigeria and, the Yoruba people especially has lost a gem in the name of Senator Ayo Fasanmi who passed away lately at a ripe old age. Known as a cultural icon in the Yoruba space. The Vice President, Prof Osibanjo has been surprised on his demise.

In the words of the Vice President, he said”We received the news of the passing of Senator Ayo Fasanmi, with deep sadness and grief.”

“A founding leader of Afenifere, a true patriot, a forthright servant of, and interlocutor for the common man. He was a man of deep conviction who remained loyal to the end to compatriots and colleagues from the Action Group (AG) to the All Progressives Congress (APC)”, he also added.

In conclusion,the Vice President said “We thank God for giving him to us for 94 years, his legacy and consistent egalitarian beliefs, social justice and action will live on.”

According to his profile in Wikipedia,He was born in 1925 at Iye Ekiti, a local government area of Ekiti State, southwestern Nigeria. He attended St Paul’s primary school, Ebutte Metta and Government School, Ibadan before he proceeded to the Pharmacy School of Yaba where he received a diploma certificate in pharmacy.He practiced as a pharmacist at Oshogbo briefly before he joined the Nigerian politics.

“Life expectancy in Nigeria is 53 years; that is an upward movement from 49. If someone has lived up to 94, it is a good thing and we take solace in the fact that Baba lived a good life. Baba was a councillor, a member of the House of Representatives, a senator and an aspiring governorship candidate in the old Ondo State. We cannot, but give glory to God for his passing, which was very easy. He was not sick for long. He passed on peacefully” Fola Fasanmi, the last child of the demise Ayo .

ANTHONY EMEKA NWOSU

Leave a Comment

Your email address will not be published.

You may also like

Business Economy Technology Technology Trends

BorderlessTek Launches Lifeline for Underprivileged Nigerian Children Through Coding

post-image

 

In a powerful intervention against digital exclusion, a UK-based Nigerian tech entrepreneur, Wale Atekoja, is rewriting the future of disadvantaged children in Lagos, one line of code at a time.

His organization, Borderless Tek, has launched the Kids Coding Partnership — a grassroots tech education program designed to equip underprivileged schoolchildren in communities like Ikorodu and Yaba with foundational coding and software development skills, completely free of charge.

This is not just another CSR initiative. It’s a deliberate human-centered response to the growing digital divide that continues to marginalize low-income Nigerian children from the technology revolution sweeping the globe.

“We’ve been teaching Black kids in Europe how to code, but what about those back home?” says Wale Atekoja, better known as @AtexXeta on social media. “We’re not targeting the privileged. We’re starting with the forgotten — the children who have never touched a laptop.”

 

The first three-month cohort of the program is scheduled…

Read More
Business Economy

NITDA Boss Hosts Gambian Minister at GITEX Africa, Discusses Strategic Tech Collaboration

post-image

The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has welcomed the Gambian Minister of Communications and Digital Economy, Hon. Lamin Jabbi, Esq., to the Nigerian Pavilion at the ongoing GITEX Africa in Marrakech.

The high-level meeting focused on deepening bilateral collaboration in the digital economy space, with particular emphasis on revitalising the Gambian tech ecosystem and fostering regional innovation. Discussions also covered plans for the Gambian delegation’s active participation in GITEX Nigeria, slated for September 2025.

Highlighting the need to boost digital trade between Nigeria and Gambia, Abdullahi stressed the importance of fostering closer ties among tech startups, innovation hubs, and venture capitalists across both countries. He further encouraged the adoption of supportive policy frameworks—such as tax holidays for startups in Gambia—as a catalyst for driving innovation, attracting investment, and strengthening cross-border partnerships in West Africa’s digital economy.

Read More
Business Culture Economy News

Southeast Nigeria Leads in Self-Made Billionaires, Not Ritualists – Hon. Obi-West Utchaychukwuo Declares

post-image

A renowned radio personality and social commentator, Hon. Obi-West Utchaychukwuo, has sparked conversation on social media with his bold statement debunking the myth surrounding wealthy individuals from Southeast Nigeria. According to Utchaychukwuo, the wealth of Igbo businessmen is not rooted in ritual practices but in hard work, smart networking, and deep business acumen.

In a recent statement shared online, Utchaychukwuo noted that the southeastern region of Nigeria, predominantly occupied by the Igbo ethnic group, is home to the highest number of self-made billionaires in the country. “These are not people who looted public funds,” he emphasized, “but entrepreneurs who have built legitimate empires.”

He pointed to events such as the high-profile burial ceremony of Obi Cubana’s mother, which drew nationwide attention due to the extravagant displays of wealth. While some questioned the sources of the funds, Utchaychukwuo clarified that many of those in attendance were top importers, exporters, and sole distributors…

Read More
Business Culture Economy

Regional Poverty Risk in Nigeria: North Central Households Most Vulnerable in 2023 — Report

post-image

 

A new report has shed light on the economic vulnerability of Nigerian households, showing significant disparities in poverty risk across the country’s six geopolitical zones. The data, compiled by the Global Multidimensional Poverty Index (GMPI) in collaboration with the Oxford Poverty and Human Development Initiative (OPHI) and published by Statisense, highlights the percentage of households in each region that are considered vulnerable to poverty in 2023.

According to the report, the North Central zone tops the list with 22.58% of households identified as being at risk of falling below the poverty line. This is closely followed by the North East, where 21.47% of households are vulnerable, reflecting the ongoing socio-economic challenges and insecurity that have plagued the region.

In the South South, often regarded as Nigeria’s oil-rich zone, 19.44% of households remain vulnerable to poverty. Despite the region’s resource wealth, many communities continue to struggle with underdevelopment and economic instability.

The South…

Read More
Business Economy Finance Fintech Investments

Nigeria’s Top Banks Record Historic Profits, Asset Growth in 2024 – Zenith, GTBank Lead in Earnings and Returns

post-image

Nigeria’s leading tier-1 banks, commonly referred to as FUGAZ – comprising First Bank, UBA, GTBank, Access Holdings, and Zenith Bank – have reported their full-year 2024 financial results, revealing a year of significant profitability, robust asset growth, and varied levels of return on assets (RoA). The figures reflect strong resilience and performance amidst economic headwinds and changing monetary dynamics in the country.

Zenith Bank and GTBank Cross ₦1 Trillion Profit Mark

In what has been described as a historic performance, both Zenith Bank and Guaranty Trust Bank (GTBank) surpassed the ₦1 trillion milestone in Profit After Tax (PAT) – a first for many in the Nigerian financial sector. Zenith Bank led the chart with ₦1.03 trillion in PAT, closely followed by GTBank with ₦1.02 trillion. This milestone signals strong cost management, increased interest income, and operational efficiency.

UBA, which has significantly expanded its footprint across Africa and other global markets, also posted…

Read More
Announcements Business Economy Education Environment Health

South East Leads in Milk Consumption as Experts Call for Wider Dairy Access Across Nigeria

post-image

 

By Anthony Nwosu – Lagos

The South East region of Nigeria has emerged as the leading zone in milk consumption, with a record 54.7% of households reportedly consuming milk and dairy products regularly. This is according to the latest 2023/2024 data released by Statisense using figures from the National Bureau of Statistics (NBS), the General Household Survey (GHS), and the Living Standards Measurement Study (LSMS).

The national average of milk consumption stands at 41.5%, with other zones falling behind the South East. The South South region follows closely at 50.1%, while the South West records 48.3%. However, the figures drop significantly in the North: North West (37.6%), North Central (29.4%), and North East (23.3%).

Health and nutrition experts say these numbers reflect the socio-economic imbalance in Nigeria, where access to nutritious foods like milk is often dictated by purchasing power and awareness.

Milk: A Nutritional Necessity

“Milk is not just a beverage—it’s a nutritional…

Read More
Business Culture Economy

Nigeria’s Cross River State second to commence construction of its Special Agro-Industrial Processing Zone

post-image

Nigeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country’s Vice President Kashim Shettima and African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina broke ground at the project site on Thursday 10 April.

 

The SAPZ aims to tackle food insecurity, enhance local production, and position Nigeria as a food export leader by leveraging Cross River’s ports and research assets to boost global trade, reduce food imports, and drive prosperity through the agro-industrialization of crops like cocoa and cassava.

The groundbreaking in Cross River follows that of Kaduna (http://apo-opa.co/42Mquvu) which took place few days earlier. Six other states – Kano, Kwara, Imo, Ogun, Oyo, and the Federal Capital Territory – are included in Phase 1 of the $538 million SAPZ program, with plans to expand to the remaining 28 states this year pending the African…

Read More
Agriculture Announcements Business

Boifiok Unveils Vision to Disrupt Africa’s Food Supply Chain Through Group Buying and Digital Innovation

post-image

 Boifiok, a fast-rising player in Africa’s agri-tech and e-commerce space, has announced bold plans to revolutionize the continent’s food supply chain by leveraging digital group buying solutions. The company aims to make food more affordable for millions of urban households while accelerating growth for local vendors.

Speaking at a recent industry event, a spokesperson for Boifiok emphasized the urgent need to address food affordability across sub-Saharan Africa, where rapid urbanization has intensified economic pressure on households.

“We are improving food affordability through group buying,” the spokesperson stated. “In sub-Saharan Africa alone, rapid urbanization has presented both opportunities and challenges. Macroeconomic instability and the absence of a digital group-buying platform have led to inconsistent food prices, straining family budgets.”

Boifiok’s digital model aims to connect urban households directly with affordable groceries while empowering vendors…

Read More