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Asake’s ‘Lonely At The Top’ Is 2023 Most Searched Afrobeat Song

Asake has undeniably solidified his presence with a commanding mainstream run in 2023. His track ‘Lonely At The Top’ not only secured its position as the most searched song but also propelled Asake to the top of the list of the most searched artists in the country.

‘Lonely At The Top,’ a standout track from Asake’s ‘Work of Art,’ achieved remarkable commercial success. Its unique sonic diversity, departing from the conventional blend of Amapiano and Afrobeats that Asake is known for, contributed to its widespread appeal.

 

The single’s ascent to the number one spot on TurnTable Official Top 100 is a testament to its popularity, where it held the position for an unprecedented 12 weeks, surpassing the previous record set by Omah Lay’s ‘Godly’ at 11 weeks.

 

Omah Lay’s ‘Reason’ secured the second spot on the list, a reflection of its immense popularity throughout 2023. Ending the year among the top 10 songs on major streaming platforms in Nigeria, ‘Reason’ demonstrated Omah Lay’s enduring influence in the music industry.

 

Kizz Daniel’s ‘My G’ and Spyro’s ‘Who’s Your Guy’ claimed the third and fourth positions, respectively, showcasing the diverse range of musical preferences among Nigerian audiences. King Promise’s ‘Terminator’ rounded off the top five, solidifying its place among the most sought-after tracks of the year.

 

The complete list of the Top 10 most searched songs in Nigeria for 2023 is as follows:

 

Asake – Lonely At The Top

 

Omah Lay – Reason

 

Kizz Daniel – My G

 

Spyro – Who’s Your Guy

 

King Promise – Terminator

 

Ayra Starr – Sability

 

Ruger – Asiwaju

 

Boy Spyce – Carry Me Go

 

Kcee – Ojapiano

 

Kizz Daniel – Rich Till I Die

 

Asake’s dominance in the search trends reaffirms his status as a musical powerhouse, leaving an indelible mark on the Nigerian music scene in 2023.

 

 

Nigeria’s banking sector maintains robustness, reassures the Central Bank

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The Central Bank of Nigeria (CBN) asserts the resilience of Nigerian banks, as confirmed by Mrs. Sidi Ali, the Acting Director of the Corporate Communications Department.

She clarified that media reports suggesting some banks failed the CBN’s Capital Adequacy Ratio (CAR) for international authorization are inaccurate.

Emphasizing the industry’s strength, she pointed to key financial indicators within regulatory thresholds, as outlined in the CBN’s latest Economic Report of 2023.

The CBN is actively collaborating with stakeholders to bolster confidence in the Nigerian financial sector, urging the public to dismiss reports of banks failing CAR stress tests, as they did not originate from the CBN.

 

A Night of Glamour and Triumph: “A Tribe Called Judah” Premiere Transforms Lagos

A Night of Glamour and Triumph: “A Tribe Called Judah” Premiere Transforms Lagos

Lagos witnessed an unprecedented spectacle last night as acclaimed filmmaker, Funke Akindele, unveiled her latest cinematic masterpiece, “A Tribe Called Judah.” The entire city was swept up in the whirlwind of excitement as the event unfolded on a magical island, a fitting backdrop to showcase the mesmerizing world created within the film.

 

The premiere boasted a star-studded affair, with a constellation of celebrities gracing the occasion adorned in an array of captivating costumes, each a testament to artistic expression and creativity. Among the illustrious guests were esteemed colleagues Odunlade Adekola, Nse Ikpe Etim, Timini Egbuson, Fathia Balogun, Efe Irele, Deyemi Okanlawon, Mr. Macaroni, Lizzy J, Mercy Eke, Kiekie, and host of several celebrities from the entertainment industry.

 

For Funke Akindele, the film carries a deeply personal sentiment as she dedicated it to her late mother. She penned the storyline during her mother’s lifetime, yet fate didn’t allow her to witness the fruition of this cinematic marvel.

 

The audience was treated to an enthralling experience, evoking profound emotions and garnering resounding testimonies. Filmmaker Tunde Olaoye couldn’t help but commend the film, praising Akindele as an exceptional filmmaker who has elevated herself to the echelons of Nigerian contemporary cinema. He described “A Tribe Called Judah” as a visual symphony, seamlessly blending spectacle and emotions, akin to the crescendo of a flawless opera—a tale that leaves no heart untouched.

 

In the wake of the premiere’s enchantment, anticipation builds for the nationwide release of “A Tribe Called Judah” from December 15, 2023, promising audiences an exhilarating holiday escapade. Akindele’s latest creation guarantees a captivating and unforgettable cinematic journey, inviting viewers to immerse themselves in a narrative crafted with finesse and emotion—assuring a cinematic experience that’s truly worth every penny.

 

Congratulations resonate across the industry to the remarkable cast and crew who have collectively sculpted this extraordinary piece of cinematic brilliance.

 

Written By Adesina Kasali

Ondo turmoil: Alleged N50 million scam involving Akeredolu’s wife surfaces

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*OSOPADEC Board member writes Deputy Governor

The Deputy Governor of Ondo State (H.E Lucky Orimisan Ayédatiwa)
Governor’s Office,
Alagbaka, Akure

ILLEGAL SPONSORING OF FOWOSO SUMMIT WITH #50MILION OF OSOPADEC FUND

I write to inform you about some fraudulent activities going on within the board of Ondo State Oil Producing Areas Development COMMISSION (OSOPADEC) which must be addressed with immediate effect.

It was confirmed that the just concluded FOWOSO SUMMIT organised by the wife of the Governor of Ondo State, Mrs. Betty Akeredolu, was illegally sponsored by the Chairman of OSOPADEC, ELDER SAM EREJUWA, with the whopping sum of fifty million naira (N50,000 000). This dastard act was carried out on the detriment of the poor people of the Oil Producing Areas who were denied good amenities of life.
It’s unfortunate and at the same time worrisome that the money which was supposed to have been used for the development of the State is being stolen by some power mongers in a mischievous way. This is not acceptable and must be investigated thoroughly.

I, therefore, urge you to treat this issue with the urgency it deserves while an appropriate action should be taken to address it.

Hon. Akinrotoye Olafusi Kehinde

OPay addresses the security of customers’ funds in response to the CBN’s directive for banks to sever fund transfer channels with fintech platforms

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Fintech powerhouse Opay has responded to the recent directive from the Nigeria Inter-Bank Settlement System (NIBSS), instructing banks in the country to remove non-deposit-taking financial institutions from their NIP fund transfer channels.

The directive, which highlighted violations of Central Bank of Nigeria (CBN) guidelines, specifically targeted entities like Switching Companies, Payment Solution Service Providers, and Super Agents.

Naija News previously reported on NIBSS’s warning, emphasizing that these non-deposit-taking entities were not permitted to receive inflows due to their licensing restrictions.

In a statement posted on Opay’s official platform, the fintech giant clarified that it remains unaffected by the NIBSS directive.

The statement reassured users, stating, “We wish to state that Opay is not affected by the recent circular published by NIBSS.

The focus is on payment service solution providers, switches, and super agents.

Opay is a Mobile Money Operator (MMO) licensed by the CBN and insured by the NDIC. Your funds are safe and secure with Opay.

 

FG eliminates VAT and customs duty obligations on imported cooking gas in Nigeria, aiming to boost accessibility and affordability

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The Federal Government, in a letter dated November 28, 2023, and signed by Wale Edun, the Minister of Finance, has decided to eliminate customs duty and value-added tax (VAT) on the importation of liquefied petroleum gas (LPG), commonly known as cooking gas, and its associated equipment.

This move is geared towards reducing the overall cost of cooking gas nationwide.

The decision aligns with President Bola Tinubu’s commitment to enhancing the investment climate, meeting local LPG demand, lowering market prices, and encouraging cleaner cooking practices.

The directive specifies that LPG importation with HS Codes 2711.12.00.00, 2711.13.00.00, and 2711.19.00.00 will be exempt from Import Duty and VAT, resulting in a 0% duty rate and 0% VAT rate, effective immediately.

The Ministry of Finance has instructed the Nigerian Customs Service to comply with the presidential directive, dated July 29, 2022, and retract all debit notes issued to petroleum marketers who imported LPG using specific codes from August 26, 2019, to the present.

Furthermore, the Ministry has extended the exemption from VAT and duty payments to various items, including LPG cylinders, LPG cascades, gas leak detectors, steel pipes, steel valves and fittings, LPG dispensers, gas generators, and LPG trucks.

This decision follows concerns raised by Ekperikpe Ekpo, the Minister for Petroleum Resources (Gas), regarding the rising cost of cooking gas and its impact on citizens.

Notably, a team has been assembled to address the challenges associated with ensuring an adequate and affordable supply of cooking gas to Nigerians. As of December 8, residents in Abuja were paying an average of N11,800 to refill their 12.5kg gas cylinders.

It’s crucial to note that 40% of the country’s cooking gas is sourced from the Nigerian Liquefied Natural Gas (NLNG) Limited, while the remaining 60% is imported, with its pricing influenced by the Naira’s strength against the Dollar, currently at N1200 for a single dollar on the black market as of December 9.

Take Your Gaming Experience to New Heights with the Infinix HOT 40 Series: Redefining Power and Performance

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Infinix has officially revealed the HOT 40 series, comprising the HOT 40 Pro, HOT 40, and HOT 40i models, catering to gamers across various budgets and elevating their mobile entertainment experience. This new series boasts substantial enhancements in processor, display, camera capabilities, and software. While maintaining its leadership in fast charging, it continues to deliver a swift and enjoyable experience in mobile gaming and entertainment.

According to Summer Yao, the HOT Series Product Director at Infinix, the HOT 40 SERIES stands out with outstanding performance, groundbreaking features, and a visually striking design, embodying Infinix’s commitment to providing a high-quality experience at a reasonable price.

The Pinnacle of Smartphone Gaming & Entertainment

The HOT 40 SERIES is crafted for exceptional performance in everyday tasks, gaming, and entertainment. The HOT 40 Pro features an improved 5000mAh long-lasting battery with the exclusive Power Marathon solution. The Ultra Power Saving mode allows users to enjoy up to 2 hours of calling time when the battery is as low as 5%.

With 33W Enduring FastCharge technology and real-time temperature monitoring, the HOT 40 Pro ensures a quick charge from 20% to 75% in just 35 minutes, ensuring safety and prolonged battery life for up to 4 years.

Designed for mobile gaming enthusiasts, the HOT 40 Pro is equipped with the MediaTek Helio G99 octa-core 6nm gaming processor, offering a 1200Hz instantaneous touch sampling rate — eight times more precise than standard screens. Supported by a Hard-Gyroscope sensor and Infinix’s XBOOST Gaming Engine, it provides a seamless and immersive gaming experience.

Unparalleled Speed & Performance

Featuring a flagship 120Hz FHD+ screen, the HOT 40 Pro delivers a silky-smooth experience.

The introduction of the Magic Ring keeps users informed about face lock status, charging status, and voice calls.

With up to 16GB of expandable memory, the HOT 40 Pro doubles the performance of physical 8GB memory, enabling faster loading times and supporting up to 18 applications to be opened simultaneously. Packed with Infinix’s groundbreaking Metamaterial Antenna, it offers faster and more reliable signal performance.

The HOT 40 Pro’s enhanced camera capabilities include a 108MP main camera with the HM6 sensor, a 2MP macro lens, and a 32MP AI-enhanced front camera. Various modes enhance the photography and videography experience, including Professional Portrait Mode, Sky Remap, and Dual View Video.

In terms of design, the HOT 40 SERIES stands out with a dazzling design featuring a layer of sparkling crystals against a starry texture, available in Horizon Gold, Starlit Black, Palm Blue, and the newly introduced Starfall Green.

The HOT 40 SERIES is available at all Infinix authorized retail outlets nationwide. For updates on pricing and other HOT40-related news, follow Infinix Nigeria on Instagram, Facebook, X, and TikTok. Visit Infinix Mobility’s website for more details: [Infinix Mobility](http://www.infinixmobility.com/).

About Infinix:

Infinix Mobility, founded in 2013, is a rapidly emerging technology brand designing, manufacturing, and marketing a growing portfolio of smart devices worldwide under the Infinix brand.

Targeting today’s youth with first-class technology, Infinix creates trendy, powerful, and attainably priced smart devices, bringing the latest technology to users around the world at a time when they need it at a price they want.

For more information, please visit: [Infinix Mobility](http://www.infinixmobility.com/)

Coinbase and OKB encounter formidable competition as Pullix.io emerges as a new player in the cryptocurrency arena

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Coinbase and OKB rank among the largest global cryptocurrency exchanges, with Coinbase dominating the U.S. market and OKB leading in Asia.

However, a formidable new contender, Pullix.io, has entered the arena, posing a significant challenge to these industry giants.

Explore the distinctive offerings of Pullix.io and understand why analysts foresee a staggering 100x surge in its native token, $PLX, by 2024.

Unveiling Pullix:
Pullix emerges as a cutting-edge platform that seamlessly integrates online trading, cryptocurrency transactions, and heightened anonymity.

Its core mission revolves around democratizing access to financial markets, empowering individuals with newfound financial freedom.

Distinguishing Features of Pullix.io:
What sets Pullix.io apart in its competition against industry leaders like Coinbase and OKB is its unique fusion of innovative tokenomics, user-centric features, and a steadfast commitment to overcoming traditional challenges in online trading.

Pullix.io exhibits prowess in addressing common issues afflicting online brokers, such as sluggish performance, high transaction fees, and limited liquidity.

Leveraging state-of-the-art blockchain technology, Pullix.io provides transparent and secure transactions, rapid trading, and reduced fees.

A standout attribute of Pullix.io lies in its unwavering dedication to regulatory compliance. By adhering to legal standards and obtaining necessary licenses, the platform instills confidence among users and broadens its appeal across diverse jurisdictions.

The Power of PLX Token on Pullix.io:
At the heart of the Pullix.io ecosystem, the PLX token serves as the primary medium for all transactions. Beyond its anticipated value surge with Pullix’s mainstream adoption, holding PLX offers exclusive benefits. PLX holders gain access to unique features, staking income rewards, and promotional offers on the platform.

Moreover, a portion of daily earnings from the brokerage is earmarked for buying back PLX tokens from the open market. These acquired tokens are then allocated by permanently removing half through burning, reducing the overall $PLX supply and potentially increasing its value. The remaining half is distributed as rewards to users staking their PLX tokens.

Early Investment Opportunity:
During the initial presale stage, PLX tokens are available at $0.04, but this price escalates as more tokens are sold during the time-limited event. Early investors stand to reap greater rewards and potential value appreciation.

With its emphasis on accessibility, community engagement, regulatory compliance, and the promising growth of the PLX token, Pullix.io is poised to make a significant mark in the crypto landscape. This presents an enticing opportunity for early investors to participate and potentially enjoy substantial returns in the long run.

For more details on Pullix’s presale, visit [Pullix](#). Join the Pullix communities for updates and discussions.

Bujeti, a Nigerian startup supported by Y Combinator, secures a $2 million seed funding round to amplify its growth and broaden its range of offerings

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In February 2022, Cossi Achille Arouko (CEO) and Samy Paul Chiba (COO) established an innovative fintech.

During Arouko’s tenure as the tech lead at Paystack, observing how BILL Spend & Expense managed expenses for Paystack’s employees sparked the idea for Bujeti.

Arouko expressed, “Seeing platforms like Divvy [Now BILL Spend & Expense] tackle expense management globally inspired us to address this need in the African market.”

Bujeti’s platform aims to empower African businesses by facilitating the issuance of cards to employees while maintaining spending control.

The Nigerian startup provides a seamless, integrated accounting and expense solution catering to various industries like logistics, healthcare, agriculture, and construction.

They oversee the issuance of corporate cards, simplifying spending processes for employees and contractors.

Businesses on Bujeti’s platform can exercise control over expenses through restrictions, spending limits, and approval flows for all stakeholders, including executives, staff, contractors, and vendors.

The company is actively working on a multi-currency feature to manage finances for businesses operating across different countries.

Notable competitors include Duplo, Flex Finance, Allawee, and Boya, another YC-backed fintech startup.

According to the CEO, Bujeti has successfully onboarded approximately 1,000 businesses across Africa, including Mono, Spleet, and Eden Life, in just the past two months.

Looking ahead, Bujeti plans to utilize its recent investment to expand services, fuel growth, and strengthen its market presence.

Additionally, the company is in the process of developing features such as credit lines for SMBs and introducing new products tailored for enterprises.

 

The chairman of Nigerian Breweries has stepped down, and the company has appointed a successor

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Nigerian Breweries Plc has announced a restructuring of its board of directors, marked by the resignation of Chairman Mr. Asue Ighodalo.

The company’s secretary, Mr. Uaboi Agbebaku, conveyed this information to the Nigerian Exchange Ltd on Friday in Lagos.

Agbebaku revealed that Ighodalo, citing a commitment to public service, tendered his resignation effective December 31, 2023, adhering to corporate governance standards.

Ighodalo expressed mixed emotions, characterizing his decision as a painful sacrifice to fully dedicate himself to this new endeavor.

In his words, “It is with heartfelt regret that I announce my resignation as the Chairman of the Board of Nigerian Breweries Plc effective Dec. 31, 2023.

After extensive deliberations, I have decided to offer myself for public service to our dear country.

It is my pride to have been part of such a formidable organization well-positioned to meet the opportunities and challenges in Nigeria’s ever-changing business environment.”

Furthermore, Agbebaku disclosed the appointment of Sijbe Hiemstra, the longest-serving director, as the interim chairman from January 1, 2024, until the selection of a permanent chairman.

He also announced the conclusion of Ndidi Nwuneli’s tenure as an independent non-executive director and the appointment of Stella Ojekwe-Onyejeli as a Non-Executive Director, effective January 1, 2023.

Ojekwe-Onyejeli brings a wealth of knowledge and experience in risk management, having served on the boards of Coronation Insurance Plc and Rand Merchant Bank, among others.