Vanessa Obioha reports that the music reality TV show The Voice Nigeria is gaining traction both on the traditional and digital media, thereby putting the vocal talents in the global spotlight
Since it premiered its third season in March, The Voice Nigeria has gained traction both in digital and traditional media. The combined views of its blind auditions episodes on YouTube have garnered over three million views. This is not in addition to the talents and coaches’ interview clips. On average, the reality TV show records 500,000 views on YouTube, according to its PR company, Seid.
Having the episodes on a digital platform like YouTube helps put the participating talents in the global spotlight. Usually, the episodes get aired on selected TV channels first. In this case, Africa Magic Channels on DStv, Views TV, and Wazobia TV are the dedicated TV channels that air the singing competition. The episodes are then uploaded on YouTube for fans to either catch up or relive moments. YouT
By Nume Ekeghe, Emma Okonji and Nosa Alekhuogie
United Bank for Africa (UBA) Plc Group Chairman and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has called for urgent reforms in the power sector to boost economic activities.
Elumelu, who is also the Chairman of Transnational Corporation of Nigeria, also urged the federal government to invest more in electricity supply in order to create an avenue for innovation and economic development.
He spoke yesterday during an interview on ‘The Morning Show,’ a programme of ARISE NEWS Channel, the broadcasting arm of THISDAY Newspapers and lauded the Central Bank of Nigeria (CBN) for its foreign exchange management strategy as well as efforts to unify exchange rates.
By Goddy Egene
Shareholders have advised the Securities and Exchange Commission (SEC), the Nigerian Exchange Regulation Limited (NGX REGCO), and other regulators in the financial sector to strengthen their disclosure requirements for quoted companies.
The shareholders said this following recent revelation by the Central Bank of Nigeria (CBN) that First Bank Nigeria Limited, which is a subsidiary of FBN Holdings Plc, had been enjoying forbearance since 2016. And this forbearance was not disclosed in the audited financial statements submitted to the NGX REGCO.
Speaking to THISDAY, the National Coordinator, Pragmatic Shareholders Association of Nigeria (PSAN), Mrs. Bisi Bakare, said it was shocking to know that FBN Holdings, which is one of the leading firms listed on the stock exchange, had been submitting its annual reports without disclosing the forbearance it had been enjoying from CBN.
Diaspora remittances: ‘Naira for dollar scheme’ to the rescue Mustapha Temidayo
The Central Bank of Nigeria’s (CBN’s) ‘Naira for Dollar Scheme’, aimed at promoting diaspora remittances will be ending this Saturday. The two-month campaign, which started on March 8, has seen many diaspora remittances recipients get rewarded with N5 for every dollar received. The policy creates opportunity for banks to utilise their products and investments’ vehicles to attract foreign capital from Nigerians in the diaspora.The campaign has led to significant increase foreign reserves and boosted dollar liquidity in the economy, writes COLLINS NWEZE.
Not many people considered the possibility of being rewarded for receiving dollar inflow from the diaspora.
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The Honeywell Group has said that it is servicing loan facilities obtained from First Bank of Nigeria Limited and other financial institutions across the country.
The company in a statement on Sunday said like most companies, it utilises its own equity and borrows from banks and other financial institutions to carry out its operations.
The company is reacting to the recent furore over the board composition of First Bank and credit facility obtained from the bank.
PREMIUM TIMES reported how the Central Bank of Nigeria (CBN) expressed concern that First Bank “has not complied with regulatory directives to divest its interest in