Month: November 2017

Vantage Capital Invests $12.5m in Nigerian Property Frim, Purple Capital

South African company, Vantage Capital, which is Africa’s largest mezzanine fund manager, has announced investing the sum of $12.5 million in prominent Nigerian real estate company and financial service provider, Purple Capital. Purple Capital is the developer of the iconic 6,000m² Maryland Mall, a neighbourhood shopping centre in the Ikeja district of Lagos. The newly…

Ecobank Drags Ex-Union Bank MD’s Hubby, Victor Osibodu, to Court Over N8.7b Debt

Owner of multi-billion Vigeo Holdings and husband of Funke Osibodu, one-time Managing Director of Ecobank and Union Bank Plc, Victor Gbolade Osibodu, has been taken to court by pan African financial institution, Ecobank, over a debt running into N8.7 billion. According to reports, a Federal High Court sitting in Lagos issued an order restraining the…

Alaafin Describes Gani Adams ‘Symbol of Yoruba Unity’

Paramount Yoruba traditional ruler, the Alaafin of Oyo, Oba Lamidi Adeyemi, on Saturday solicited support for the Aare Ona Kakanfo designate, Dr Gani Adams whom he described as the symbol of Yoruba unity. According to the monarch, the Oodua Peoples’ Congress, OPC, chieftain has done his own bit in addressing the division among the Yoruba…

Biafra and Kanu: Foretelling the Possible End, By Omoshola Deji

Nigerian ethnic groups are enduring the pains, rather than enjoying the gains of unity. From 1960 to date, successive governments, both the militarily imposed and the democratically elected, has declared Nigeria’s unity non-negotiable. Double-edged, the willingness to retain a united Nigeria is contrasted by the unwillingness to allow the nationalities negotiate their terms of cohabitation.…

Anambra Governorship Election: Kudos To IGP Ibrahim Idris, By Adewole Kehinde

The governorship election that took place on Saturday 18th November, 2017 in Anambra State was a huge feat when you talk of the security arrangement put in place. The Inspector General of Police, IGP Ibrahim K. Idris had visited Anambra State on Wednesday 8th November, 2017 ahead of governorship election to seek the cooperation of…

7 Popular Swallows Eaten By Nigerians

A popular traditional food in Nigeria is Swallow. It is so described because rather than chewing it, you have to swallow. So, Swallow is a Nigerian food eaten with different kinds of soup. To truly enjoy swallow, you should use your hands to eat it. Jumia Food, Nigeria’s No.1 food ordering platform, highlight 7 popular swallows eaten by Nigerians.…