Author: The Nation

  • NERC upgrades 60 more EKEDC Feeders to Band A

    NERC upgrades 60 more EKEDC Feeders to Band A

    • Firm complies with tariff cut

    The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of 60 additional feeders of Eko Electricity Distribution Company (EKEDC), bringing the total feeders in the utility’s Band A to 134.

     The upgrade follows a review of the feeders in line with their capabilities to give the customers classified under the feeder at least 20 hours of power supply daily.

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    In a statement, the General Manager, Corporate Communications of EKEDC, Babatunde Lasaki, said the company reiterated its capacity to accommodate more feeders in the Band A category subject to the commission’s approval. He further stated the EKEDC’s commitment to improving its services by leveraging technology and improving turnaround time on fault resolution.

  • CBN extends suspension of cash deposit charges

    CBN extends suspension of cash deposit charges

    The Central Bank of Nigeria (CBN) has extended the suspension of charges on cash deposits above certain thresholds.

    The new directive, effective immediately, will see Nigerians continuing to deposit cash without incurring processing fees until September 30th, 2024.

    This announcement comes after a brief period of confusion. On May 1st, banks resumed charging processing fees on cash deposits, in response to the CBN’s “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued in December 2019.

    These fees were two per cent for individual accounts exceeding N500,000 and three per cent for corporate accounts exceeding N3 million.

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    The CBN, in a new circular signed by Adetona Adedeji, Director of Banking Supervision, referred to a previous suspension of these charges implemented in December 2023 and officially extended that suspension until the end of the third quarter of 2024.

    The latest circular reads: “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates as contained in the “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued on December 20, 2019.

  • The Alternative Bank, TotalEnergies partner on financial accessibility

    The Alternative Bank, TotalEnergies partner on financial accessibility

    The Alternative Bank and TotalEnergies have struck a partnership that aims at bringing vital banking services directly to underserved communities nationwide.

    The innovative partnership is pioneering ‘Branch in a Box’ initiative, with mini-branches that will be strategically located within select TotalEnergies stations across the country, offering enhanced accessibility and convenience for customers seeking essential financial services.

    The ‘Branch in a Box’ initiative addresses the challenges faced by remote communities, with limited access to vital financial services.

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    Director, Products & Innovation, The Alternative Bank, Mohammed Bashir Yunusa, lauded the initiative as innovative and timely, emphasising its role in alleviating the difficulties associated with accessing financial services.

    According to him, the ‘Branch in a Box’ provides convenient, accessible banking services within trusted and familiar locations, staffed with well-trained customer service personnel to assist everyone.”

    The ‘Branch in a Box’ functions like traditional branches, offering a comprehensive range of banking services, including account opening, cash withdrawal and deposit, fund transfers, card pick-up, access to interest-free credit, and more.

    The inaugural batch of ‘Branch in a Box’ locations welcomes customers at TotalEnergies stations in Ojuelegba, Yaba, Fadeyi, Oshodi, and Ojota Lagos, with a nationwide rollout scheduled in the coming weeks.

    Expressing enthusiasm about the collaboration, Yunusa remarked: “The Alternative Bank and TotalEnergies have a shared commitment to fueling financial inclusion and supporting the communities they serve.’’

  • ‘African Steel Company not shut’

    ‘African Steel Company not shut’

    The Management, African Steel Limited has debunked recent media reports that the Standards Organisation of Nigeria shut down the Ikorodu Steel Factory for standard infractions, describing the story as untrue.

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    In a statement signed by the factory director, Ravi Sharma,  it  attributes the report to the handiwork of some competitors who thrive in gaining advantage through unfair business practices, stating  that SON team recently visited the premises of African Steel Ikorodu as their regular oversight visit, they took inventory of already manufactured steel products and took samples for further regulatory processes with proper documentation.

  • Budget friendly tips for May

    Budget friendly tips for May

    No matter how you see, the first day of May usually set the pulse for the fifth month of the year. Even though May Day, which is the International Workers’ Day, also known as Labour Day in some countries, is used to celebrate the working classes, there is something about it that spells “work…work…work.

    But wait… let’s pause, breathe in and out and relax. Find time each week this month to kick off your shoes, go barefoot and relax, especially if one is in a paid employment.

     Given its pulse, let’s journey into this month while exploring at pocket friendly tips, health & wellbeing, as well as empowerment (business/workplace), etc.

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    Let’s begin with some pocket friendly tips for eating healthy in May. I read a couple of articles on it and decided to share Khadijat Okanlawon’s “Eating Healthy on a Budget: A Nigerian Foodie’s Guide to Affordable Nutrition”. She says: “We all know that jollof rice and pounded yam are delicious, but sometimes eating healthy in Nigeria can seem like an expensive dream.”

     With the recent hike in the price of fuel, transport fare, among other things, every woman must put on the coat of an economist along with that of a homemaker in order to success navigate this new month. Not to worry, Okanlawon has five tips that would keep you afloat the times:

    •Market Adventures: Instead of going for the fancy imported stuff, explore your local market for fresh, seasonal fruits and veggies.

    • Embrace Our Flavors: It’s not only fun but often more affordable than eating out.

    • Plan the Naija Way: In Nigeria, we love our soups and stews, so why not plan your soup pot for the week? It’s cost-effective and ensures you have a tasty and nutritious meal every day.

    •Snack like a Pro: Nigerian snacks are legendary, but they don’t have to break the bank. Opt for affordable, healthy options

    •Laugh and Learn: In a land where we appreciate humor in everything, why not make cooking an adventure?

    In the end she says: “Eating healthy in Nigeria doesn’t have to drain your wallet… We can enjoy our traditional dishes while staying nutritious and budget-friendly.” For further reading, visit:  https://medium.com/@okanlawonkhadijaat

  • Abacha…Life is too short

    Abacha…Life is too short

    ‘My Sister. There is something about the delicious Abacha that not only wakes a sister’s taste bud but turns a very boring evening to a sweet and savoury one,” Christabel was saying last Saturday as Ada and Tamara were dishing out plates of the Abacha delicacy from Igboland, popularly called “African salad.”

    Although we weren’t celebrating anything in particular, we were celebrating ourselves. This was coming after a post by Christabel on May Day, urging us that while we run around to make ends meet we should also learn to celebrate ourselves and every moment life throws at us.

    Taking the bull by the horn, Ada then announced on our group chat that she’d be marking a unique anniversary on May 4.

    “Ehen Ada! What are we celebrating sef… I know it’s not your wedding anniversary…,” Mummy Fawaz asked as she took the plate of Abacha filled with assorted meat from Tamara.

    “It’s not, but May 4 has a special place in my calendar. It’s the anniversary of the first date I and Daddy Ifeanyi ever went on. I remember the day like yesterday. And fast forward to the future, it was also the day I first got the news that I was pregnant after waiting for five years. And as Christabel mentioned, it’s important to recall those moments that marked a turning point in our life. Life is too short and that’s why I’m celebrating this day. Incidentally, this is the first time I’m intentionally marking the day,” Ada responded. And her face lit up with a smile as Ifeanyi, the son in question, walked in with two packs of chilled canned malt.

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    We all smiled too as he greeted us and handed the malt to his mother who asked that they be shared immediately. I wanted to ask Lola if it was necessary to get Ada a gift and noticed her eyes were following the malt in Ifeanyi’s hand and shoved her on the side before she got caught staring. But the move made Lola mad and she yelled, “Evelyn, what is it na? Is it a crime to look?” and as she saw Mummy Ibukun strolling pass to nowhere in particular, she called out to the celebrator, “Abeg, Ada, I hope the malt is just for us, members of the women’s corner o. We don’t want trespassers to come and short our rations o.”

    “Loollaa,” we all shouted.

    “Abeeggi! I know why I’m saying it o. Because some troublemakers should not be seen where there is peace…,” Lola stressed. And seeing she was about to unearth the bad blood between her and her next door neighbor, Mummy Ibukun, Christabel stepped in to make light of the situation.

    “Lola…Lola… Lola the fighter. When would you and Mummy Ibukun stop behaving like children? Abeg, you people should not bring your family problem to spoil the mood. Mummy Ibukun, come and join us na.”

     “Thank you, our amiable Vice Chairlady. I didn’t know you all were here. I’d wanted to see Tinu, but her children said she was here. That’s why I came.”

    “So why were you walking past us like a monitoring spirit,” Lola asked.

    “Lola that’s enough. Can you both go pass whatever grudges you’ve had? Life is too short to be malicious. So what would you advise your children, if they are the ones behaving like this,” I retorted, tired of Lola’s misbehaviour.

    “Back to our gist jare. Ada, I didn’t know you also waited before getting pregnant. I waited for seven years too before having the twins. It’s truly worth celebrating,” Mummy Fawaz said and turned the conversation to Ada again.

    “Nobody would believe both of you ladies went through such. I celebrate you all as I celebrate myself too. I celebrate your stories, your victories and more… You must both tell us the full story someday,” Tinu said while calling for a toast.

  • Tola ‘the sickle cell warrior’ turns pain to passion

    Tola ‘the sickle cell warrior’ turns pain to passion

    Some may call her a survivor. But she dubs herself a ‘warrior’. After a near-death experience, she turned her pain into a passion. Meet United Kingdom-based property lawyer Tola Olatunji, the sickle cell ‘warrior’, who is currently in Nigeria to inspire and empower people living with the condition.EVELYN OSAGIE writes on her pain-to- passion story and more

    Tola Olatunji is a fighter. And it is not because she is a lawyer. Tola has had to brace up against the challenge of living with sickle cell anaemia to become an accomplished lawyer, mother, founder of Rock Bottom Sickle Cell Initiative and author of Rock Bottom. Rock Bottom is a memoir inspired by her personal experience as a sickle cell survivor, especially from her last crisis which was further complicated in the wake of the COVID-19 pandemic. Bedridden for three months, the author escaped death only by the skin of her teeth.

    Her beginning

    Tola, originally from Benin City, Nigeria, now resides in the United Kingdom where she works as a property lawyer. Growing up with sickle cell and three siblings, two of whom are sickle cell warriors, Tola has witnessed firsthand the challenges of living with the disease. 

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    Hear her: “It’s a constant fight daily. Fighting it daily is not easy. You have to wake up every day to fight. It means having to choose each day not to allow the pain to keep you down.  For instance, growing up in Benin, I don’t remember being in class at all during my primary school days. I was always sick. I don’t remember attending any sort of exams; I was always doing my exams at home. And I was always in and out of hospital a lot. To have come this far with care and support of my family, I can say I’m God’s favourite child. But you must say ‘no, it won’t stop me today’, each and every day.”

    And having to fight and win each day, like Tola does, is no mean feat. Little wonder then that she dubs herself a ‘warrior’.

    “I took my drugs, fought against it and I am here. When one is constantly fighting, it means one is a warrior,” she said.

    After a near-death experience that left her believing she might never walk again, Tola had to relearn how to walk, a journey that profoundly impacted her perspective on life. “It was during the COVID-19 pandemic. I was in law school then. It was very difficult. I had COVID and bedridden for three months. I had to learn the things that my body can take.”

    Her inspiration

    Motivated by her struggles, Tola felt compelled to share her story by writing Rock Bottom, thereby offering encouragement to others facing similar hardships.

    And while recognising the lack of sickle cell foundations in her hometown of Benin City, she saw an opportunity to raise awareness and provide support to those in need by establishing Rock Bottom Sickle Cell Initiative.

    Last Saturday, May 4, she formally unveiled the book and her non-profit to a selected audience at the Horatio Marquee, Akhionbare Street, GRA, Benin City, by 10am. Partnering with Edo State Centre for Women and Youth Development on unveiling of her initiative, the event was attended by dignitaries led by Edo State’s First Lady Betsy Obaseki, who was the special guest of honour.

    Her foundation

    Her non-profit focuses on providing supports for sickle cell warriors. Through her dedication and passion, Tola strives to touch lives and make a difference in the lives of sickle cell warriors, ensuring they are not limited by their condition. Her mission, she says, is not only to educate others about sickle cell disease but also to build a community where warriors feel understood and empowered.

    “I want to reach out to a lot of warriors. I created the foundation to help people like me. That experience made me think there are a lot of people going through the same. We don’t have to live a limited lifestyle because of sickle cell. We have to live our full lives. There are people living their full lives. My siblings and I are doing well.”

    Tola says she believes in collective effort in making a difference in the lives of people with sickle cell. Besides her collaboration with Edo State, she is also working with others, such Dr. Suchitra Kataria, the Singapore-based specialist behind the “My Sickle Care” App. Such a move demonstrates a commitment to leveraging technology for better access to diagnoses and care worldwide. Their joint efforts in SCD education and counseling with the government and UNICEF in parts of India highlight a global approach to tackling the challenges of sickle cell disease.

    According to her, the support of the First Lady underscored the importance of community engagement and government involvement in addressing sickle cell disease. By facilitating connections between stakeholders and contributing to efforts to reduce the prevalence of the disease, “Her Excellency’s collaboration would strengthen the foundation’s impact at a local level. With such partnerships in place, Rock Bottom Sickle Cell Initiative is poised to make significant strides in its mission to support sickle cell warriors and raise awareness about the disease”.

    Her book

    Tola’s courage knows no bounds. Tola’s journey is a testament to the power of resilience and the impact one person can have in creating positive change. Despite the pain and challenges she faced, she bravely chronicled her journey in her book, Rock Bottom, inviting readers to experience her trials and triumphs alongside her. Sharing such deeply personal experience requires immense bravery, but Tola’s determination to inspire and uplift others drove her to relive her most difficult moments.

    The book raises awareness by offering eye-opening tips on sickle cell anemia, inspiring warriors of the disease and enlightening the public that being a victim of sickle cell isn’t a death sentence.

    “In this tell-all book, Tola lays bare the struggles of sickle cell warriors, the UK medical system, the importance of family and friends and how much is hidden in the details of what is required to recover from a near-death experience” says one of the blurbs.

    In a media chat with reporters in Lagos, Tola spoke of the inspiration behind the book and the reason for having the launch in Benin — she was born and bred in the ancient city.

    “So, I wrote the book because I wanted to tell my story. I decided to write the book while I was recovering from hospital. So they had discharged me and I thought, you know what?, it’s good to tell my story because it was a life- changing experience for me, and maybe somebody’s going through the same experience. This was in 2022, a few months after I got out of hospital”, the property lawyer said.

  • Postcards, Bridgerton: Season 3 tops fresh Netflix titles in May

    Postcards, Bridgerton: Season 3 tops fresh Netflix titles in May

    Postcards, a series that follows a Nigerian single mother’s journey to India for a medical checkup, where she will end up touching the lives of everyone she meets, takes front seat on Netflix for the month of May.

    The series is joined by the highly anticipated Bridgerton: Season 3.

    In the series, a wallflower with a double life finds her light amid secrets and surprises, as a new crop of debutantes yearn to become the brightest of the ball.another series.

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    The two titles lead a long list of new titles making their entry on the global streaming platform.

    Other series scheduled for the month of May on the streaming platform, according to a statement, include Beautiful Rebel, Super Rich in Korea, a Netflix Series exploring the lavish lives of multi-billionaires living in Korea, The Final: Attack, The Ultimatum: South Africa, Blood of Zeus: Season 2, Princess Power: Season 3, Tyler Perry’s The Single Moms Club, Ashley Madison: Sex, Lies & Scandal, Rachel Feinstein: Big Guy, My Oni Girl, How to Ruin Love: The Proposal.

    Other local titles currently streaming on the platform are Strained, Áfàméfùnà: An Nwa Boi Story, Merry Men 3: Nemesis, Adire,  and Dinner.’

  • Korea centre to promote collaboration of KPop, Afrobeat

    Korea centre to promote collaboration of KPop, Afrobeat

    The Korean Cultural Centre at the weekend announced plans to promote collaboration of Korean Pop (KPop) and Nigerian Afrobeat.

     This, the cultural events and communications officer of Korean Cultural Centre in Nigeria, Jennifer Ezeonyeasi said, is aimed at cultural integration and promoting both genres of music across Nigeria and Korea and further marketing the two brands worldwide.

      Ezeonyeasi, who spoke at the KPop Hurray Concert in Abuja at the weekend, said: “We are hoping for collaboration between KPop and Nigerian music especially the afrobeat, which will promote both genres and give mileage in both countries and make the two music industries really big.

     “We are hoping for future collaborations with the little activities we are doing now.

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     We have the intention of taking it round the country. In 2021, we had a KPop Dance Academy in Port Harcourt, we are looking at doing those kinds of things often. When we figure out communities with a large following of KPop we would definitely take some of these shows to them. Like now we have a strong KPop community in Kaduna, we are planning to go there.”

     She revealed that the essence of the KPop Hurray Concert in Abuja was to gather all the past winners of KPop concerts and those that have made it to the final stage of each of the KPop from the years past.

     She noted that: “Most of the time when we have the competition everyone goes their way until the next year. We brought all the past winners and top performers together to create bonding and networking.

    “We are trying to build an active KPop community in Abuja and by extension all over Nigeria. In Abuja we intend to create a strong network for enthusiasts and in the process we are going to have a form of exchange, like we are having afrobeat fusion into KPop, with this kind of exchanges, we believe KPop would further be accepted by Nigerians.”

  • Personality, storytelling stand me out, says Ugo Ugoccie

    Personality, storytelling stand me out, says Ugo Ugoccie

    Musician, Favour Ugochi Anosike aka Ugoccie has said that her personality and infusion of storytelling into her music stands her out from the multitude of artists on the music scene.

     In a recent chat with The Nation, Ugoccie emphasised that her distinctive personality and storytelling approach in music set her apart from other artists.

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     Ugoccie highlighted the uniqueness of her music style, attributing it to her individuality and storytelling technique. “I think what sets me apart is my style. The way that I do my music, the way I infuse storytelling and my personality as well, I think I have a persona to the music that I do,” she explained.

     Addressing her challenges, Ugoccie mentioned facing scepticism regarding her choice to pursue indigenous music as a woman. She shared, “It would be people who think doing music indigenously as a woman doesn’t suit you, how do you think people are going to welcome it. I think it’s people thinking that there’s a language barrier for me and also doing music as an independent artist that is not under the backing of any label.”

     Despite these obstacles, Ugoccie remains undeterred saying challenges as stepping stones.