Indian quick-commerce platform Zepto announced on Thursday that it has raised $450 million, pushing its valuation to $7 billion. Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto specializes in ultra-fast grocery delivery, promising delivery times as short as 10 minutes. The company operates over 250 “dark stores” across major Indian cities, enabling quick …
Veteran Nollywood actress, Idowu Phillips, fondly known as Mama Rainbow, has celebrated her 83rd birthday and 60 years on stage, marking a remarkable milestone in Nigeria’s entertainment history. The iconic actress took to Instagram on Thursday, October 16, to express profound gratitude to God, her family, fans, and colleagues for their unwavering love and support …
Popular Nigerian disc jockey Nonso Temisan Ajufo, better known as DJ Big N, has raised concerns about what he calls the worst decline in Afrobeats’ global influence in two decades. Speaking in a recent interview, the Mavin Records DJ blamed both artists and record executives for the slump. He said many have sacrificed quality and …
The United Nations has issued a stark warning that Sudan’s cholera outbreak is worsening rapidly, as ongoing fighting and displacement cripple the country’s health system. According to the Federal Ministry of Health, Sudan has recorded 120,496 cases and 3,368 deaths since the outbreak began in mid-2024. The World Health Organisation (WHO) said on Wednesday that …
As the world marks World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” Nigeria faces a stark reality. Once renowned for its rich culinary heritage and fertile farmlands, the nation now grapples with import dependency, ultra-processed diets, rising food inflation, and fragile agricultural systems. This is more …
The presidential candidate of the Labour Party in the 2023 election, Peter Obi, the African Democratic Congress (ADC), and Senator Seriake Dickson of Bayelsa West have condemned the increasing wave of defections by governors and lawmakers, particularly from the Peoples Democratic Party (PDP), to the All Progressives Congress (APC). The criticism follows the defection of …
Senior Vice Chairman and Editor-in-Chief of the Leadership Media Group, Azubuike Azu Ishiekwene, has urged Nigerian media organisations to embrace innovation, invest in talent, and use data-driven strategies to remain profitable in the changing media landscape. He made the call on Wednesday October 15, at a panel session during the launch ‘Pinnacle Dialogue’, a flagship …
Sudan’s oil industry has suffered a 94% collapse since South Sudan’s independence in 2011. Finance Minister Gibril Ibrahim said the country’s output dropped from 500,000 barrels per day to just 30,000 barrels in a decade and half. Ibrahim revealed the figures during the Russian Energy Week Forum in Moscow, where delegates from 84 countries gathered …
In a high-stake session at the National Assembly on Thursday, Professor Joash Ojo Amupitan, the newly appointed chairman of the Independent National Electoral Commission (INEC), faced intense scrutiny from senators as he sought confirmation. The hearing, held before a Senate Committee of the Whole, featured probing questions about his past affiliations, plans for electoral reform, …
To address funding gaps for the over 40 million small businesses, the Securities and Exchange Commission (SEC) said it has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to improve access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The …
