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Don’t Vote Old People Into Office – Prof. Soyinka To Youths

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Application For Soyinka Award For Investigative Journalism Begins

Nobel Laureate, Prof. Wole Soyinka yesterday asked Nigerian youths to mobilize themselves and vote out old people from government in the 2019 general elections.

Soyinka, who spoke with reporters after the convocation lecture he delivered at Elizade University, Ilara- Mokin in Ifedore Local Government Area of Ondo State, said the era of voting old people into government should be over in the country.

Speaking after the convocation lecture titled, “Tending the tree of Commencement”, Soyinka said the youth, who formed the bulk of voters, should not make the mistake of allowing old men to take leadership of the country again.

In veiled reference to President Muhammadu Buhari who would be 76 during the next presidential election, Soyinka said: “All I can just tell you is this; don’t make the mistake of following those who failed you before; those who are pretending that they have nothing to do with the disaster that has overtaken Nigeria.

“They are very quick to smell failure, they are very quick to shout it; but then, they exculpate themselves, whereas they are the founding malfeasance of the Nigerian condition: that is what I am warning youths against. Mobilize, get your representatives and stop bothering geriatrics like myself.”

Soyinka, in the second convocation lecture, lamented the scrapping of History in the schools in the country and the fact that many people have forgotten their historical background. Among the trees of commencement, Soyinka said is Leah Shuiab, one of the students kidnapped in Government Girls’ Science and Technical College in Dapchi, Yobe State.
He said the girl was able to maintain her firmness like Nelson and Winnie Mandela who chose to remain in prison despite the offer by the government of South Africa. In his remark, the Chairman of the convocation lecture, Prof. Ayo Banjo, said the country must pay attention to the training of teachers, lamenting the fate of teachers in the country.

The Elizade University would, today, graduate 105 students in 31 programmes covering five different faculties. All the degrees of the university, the Registrar of the institution, Chief Omololu Adegbenro said, have the blessing of regulatory bodies and the National Universities Commission (NUC).
According to him, 16 of the graduating students bagged first class while 50 of them got second class upper while the rest 39 students got second class lower division.The first class graduands, he said, would be given automatic employment.

EVENTS

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

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Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

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MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

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Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

Check here for more updates.

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BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

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Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

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