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Kenny Ogungbe quits as MD of Raypower FM as Ambrose Somide replaces him

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The Board of Directors of DAAR Communications Plc at its 73rd Board Meeting held on Friday confirmed Dr. Ambrose Olutayo Somide as the new Managing Director of the Radio Services-Strategic Business Unit of DAAR Communications Plc conglomerate, which includes both RayPower FM and FAAJI FM.
Somide’s appointment is sequel to the voluntary retirement by the erstwhile Managing Director, Dr. Kenny Ogungbe, who is now the Managing Director/CEO of KENNIS FM, the new radio station that has been granted operational licence by the National Broadcasting Commission.
Somide before his appointment, which takes affect from April 1, 2017, was the Director, Radio Services.
He was the Coordinating Officer for FAAJI 106.5FM amongst several other duties.
Somide is an alumnus of the University of Ife, now Obafemi Awolowo University, where he studied Urban and Regional Planning and graduated in 1991.
He started his broadcasting career in 1983 with the then Radio Nigeria, Abeokuta as a News Assistant.
In 1984, he joined the Ogun State Property Development Corporation, where he worked as a Survey Assistant-in-Training before proceeding to the University.
Upon graduation and after the National Youth Service, he joined the Ogun State Broadcasting Corporation (OGBC 2) as a Programme Presenter.
Upon the deregulation of the broadcasting sector, he joined DAAR Communications Plc radio station, RayPower FM, in 1993 as one of the pioneer staff as the first Head of Presentation and rose through the ranks to the position of the Assistant General Manger – Programme Services.
In 1988, he midwived the establishment of RayPower 2 106.5FM, an all talk radio station, which was a broadcast partnership between DAAR Communications Plc and the BBC, London.
In 2000, he rose to the position of the General Manager of Radio Services.
Between 2000 and 2008, he was into private practice as the Chief Executive Officer of a Broadcast Media Consultancy Firm – ATSOM Media.
The firm specialized in content management, content production, radio and television jingles and commercial (TVC) production, capacity development, content provider trainer and events compeering.
In 2008, he rejoined DAAR Communications Plc to again establish the first fully indigenous television station – FAAJI TV (Yoruba Language Channel) on Daarsat, the satellite television station.
In 2012, Somide once again midwived the establishment of FAAJI FM a Yoruba/Pidgin Language Radio Station as the Director of Radio Services, with the responsibility of Content Development, Programming and Presentation format for the new station, FAAJI FM, including other presentation and administrative duties on RayPower FM.
Somide has attended several courses and training programmes in broadcasting – FRCN Training School – Lagos in 1983; Tomson Foundation London’s Investigative Journalism Training in IITA, Ibadan in 1996; Advanced Management Techniques in BBC, London in 1998; Voice of America/USIS Basic Managers Training in 2000; Advanced Media Managers Training in the University of Tennesse, USA in 2000 and Rotary Club Exchange Programme in Norway in 2000.
To his credit are some award winning programmes that he presented/produced: Kileroyin (Radio Nigeria 1983), E ma Bubble (OGBC2), Minijojo (RayPower since 1994 to Date) and AIT Network (1996 to Date), Bournvita Breakfast Special (RayPower), Souls of Jazz (OGBC/RayPower), Guinness Power Jazz (OGBC/RayPower), Ultimate Morning Show (RayPower), Factfile (RayPower), Soul Serenade (RayPower), Brosumers Smooth Lounge (Rock City FM), Oskedemi (Radio Lagos/LTV), Koleladun (OGBC 2), Oro to nlo (FAAJI, Daarsat/Africa Independent Television)Ultimate Morning Show (RayPower Network) Factfile (Ray Power Network)
For his outstanding contributions to the broadcast media, he has been decorated with some awards: AMEN Award for Best Duo on Radio in 1988, Merit Award, Jaycee Club, Abeokuta in 1988, Most Popular on Air Personality (TV) 2012, Celebrity Media Award, Best Radio Presenter National (Male)2013, Nigeria Broadcasters Awards, Special Recognition Award City People Award 2013, Award of Excellence 2013 by the Institute of Certified Communications 2013, Honoured as the Ekerin Atoloye, Oke-Odo, Asero, Abeokuta.
Somide in 2013 was awarded Honorary Doctorate Degree in Electronic Media Administration and Management by the Institute of Graphoanalysts of Nigeria, Onigraffiks-OPEN University.
He was one time the Chairman of the Lagos Branch of Freelance and Independent Broadcasters Association of Nigeria and the National President from 2008 to 2012.
He is a lover of Jazz, traditional African music.
He loves reading and travelling.
He is happily married and blessed with three boys.

Business

Precision and Heritage: How Fifi Stitches Is Rewriting African Fashion Narratives

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Precision and Heritage: How Fifi Stitches Is Rewriting African Fashion Narratives

 

 

A Nigerian-born designer is gradually carving out a cross-continental footprint in contemporary fashion, blending African textile heritage with British technical discipline.

 

Esther Fiyinfoluwa Adeosun, Founder and Creative Director of Fifi Stitches, is gaining recognition for structured womenswear and bridal couture that reinterprets traditional fabrics through architectural tailoring and precision construction.

 

Born in Ibadan, Oyo State, Adeosun’s fashion journey began at home, seated beside her mother’s sewing machine. What started as childhood curiosity, sometimes jamming the machine just to understand its mechanics—evolved into a disciplined design practice now operating between Nigeria and the United Kingdom.

 

During an interview with journalists the fifi Stitches once mentioned “I was fascinated by how flat fabric could transform into something structured and meaningful”.

 

In her Story , early designs made for her family, though imperfectly finished, were worn with pride—an encouragement that laid the foundation for her professional confidence.

 

Today, Fifi Stitches is recognised for sculpted bodices, controlled tailoring, corsetry construction, and the contemporary reinterpretation of Ankara, Aso Oke, and Adire textiles.

 

The brand challenges the long-held perception that African fabrics belong solely in ceremonial contexts, instead positioning them within global luxury and modern design spaces.

 

Adeosun’s training reflects this dual perspective. She studied Fashion Design and Entrepreneurship at the Institute for Entrepreneurship and Development Studies, Obafemi Awolowo University, and earned a Diploma in Fashion Design through Alison Online.

 

In the UK, she undertook industry-focused technical training with Fashion-Enter Ltd and gained fashion business exposure through Fashion Capital UK.

 

Her technical expertise spans pattern drafting, draping, garment technology, structured tailoring, corsetry, and bespoke fittings—skills she describes as central to credibility in fashion. “Precision builds trust,” she says. “A designer must understand construction as deeply as creativity.”

 

Fifi Stitches has showcased collections at the Suffolk Fashion Show, Liverpool Fashion Show – FB Fashion Ball, Red Carpet Fashion Event in London, and through editorial features in London Runway Magazine.

 

The brand has also received coverage in The Guardian Nigeria and Vanguard Allure, expanding its visibility across markets.

Beyond couture, Adeosun integrates community impact into her practice.

 

She has facilitated garment construction workshops, draping sessions, and introductory training programmes for women and emerging creatives, promoting fashion as both artistic expression and vocational empowerment.

 

 

Fifi Stcithes Boss operates between Nigeria and the UK, in order to continue to shape her brand identity.

 

 

According to her “Nigeria provides cultural richness and expressive textile traditions, while the UK offers structured production systems, sustainability conversations, and institutional frameworks”.

 

Looking ahead, Adeosun said she plan to establish a fully structured fashion house spanning Africa and the UK, develop scalable production partnerships, launch capsule collections, and expand independent editorial visibility.

 

Her broader ambition is clear: to position African textile craftsmanship within global contemporary design conversations—through structure, discipline, and technical excellence.

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GTCO Launches “Take on Squad” Hackathon 3.0, Opens Call for Applications 

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GTCO Launches “Take on Squad” Hackathon 3.0, Opens Call for Applications 

 

 

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-world challenges across Africa.

Now in its third edition, the Hackathon brings together developers, designers and entrepreneurs across Nigeria in a collaborative environment to build practical solutions across key sectors including financial services, healthcare, commerce and digital inclusion. Under the theme “Smart Systems: The Intelligent Economy,” participants are challenged to design and build intelligent, data-driven solutions that transform how communities engage with money.

Applications are now open, and interested teams can find full guidelines and registration details on the official portal at https://squadco.com/hackathon.

Speaking on the initiative, Eduophon Japhet, Managing Director of HabariPay, stated: “Today’s dynamic, digitally driven world demands continuous innovation, which is shaping how economies grow, how businesses scale, and how societies evolve. Through “Take on Squad” Hackathon, we are deliberately investing in the ideas and talent that will define the future. Our objective is not simply to encourage innovation, but to enable its translation into scalable solutions that deliver real and measurable impact. This reflects GTCO’s role as a financial services platform that connects capital, capability, and creativity to drive sustainable progress.”

The social coding event remains a cornerstone of HabariPay’s mission to foster creativity and problem-solving among emerging tech talents. Competing teams will leverage Squad’s advanced APIs to create scalable digital tools that address everyday challenges faced by businesses and individuals.

Through initiatives such as this, GTCO continues to position itself at the intersection of finance, technology and enterprise, actively shaping the future of digital transformation in Africa.

 

About HabariPay

HabariPay Ltd is the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa with direct and indirect investments in a network of operating entities located in 10 countries across Africa and the United Kingdom.

Licensed by the Central Bank of Nigeria (CBN), our goal is to support SMEs, micro merchants, large corporations and other fintechs (Tech Stars) with the tools they need to thrive in an evolving digital economy and expand beyond their current market reach. HabariPay’s solutions include Squad, a full-scale digital payments toolkit to make in-person and online payments simpler, HabariPay Storefront, an e-commerce website to facilitate online purchases, Value-Added Services to help merchants access cost-effective and flexible airtime and data bundles to run their businesses, as well as a switching infrastructure that enables tech-focused businesses to optimise cost and make transactions more efficient.

HabariPay’s contributions to Accelerating Digital Acceptance in Africa have not gone unnoticed–it received Mastercard’s Innovative Mobile Payment Solution Award at TIA 2022 for its innovative payment solution, SquadPOS.

About Squad

Squad is a complete digital payments solution that is reliable, secure, and affordable, making receiving in-person and online payments simpler and convenient.

Thousands of merchants currently leverage Squad’s payment solutions for their daily business operations. Squad’s current products and service offerings include SquadPOS, Squad Payment Links, Squad Virtual Accounts, USSD, and E-Commerce Storefront.

Find out more at www.squadco.com.

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Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings

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Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings

 

 

LAGOS — A new electric-powered tricycle with an expanded passenger capacity has been introduced into Nigeria’s urban transport sector, offering operators a potentially more profitable and eco-friendly alternative to conventional petrol-driven “keke.”

 

The newly launched 8-seater electric tricycle, now available in Lagos with plans for nationwide distribution, features a dual-row seating arrangement capable of accommodating up to eight passengers per trip—significantly higher than the standard three-passenger configuration common across the country.

 

 

Promoters of the innovation say the increased capacity is designed to boost daily earnings for operators, particularly amid persistent fluctuations in fuel prices. By running entirely on electric power, the vehicle eliminates dependence on petrol, reducing operating costs and shielding drivers from fuel price volatility.

 

 

According to the distributors, the tricycle is equipped with a durable battery system capable of covering extended distances on a single charge, making it suitable for commercial operations across high-traffic routes, residential estates, campuses, and marketplaces.

 

“The concept is straightforward—enable drivers to earn more while spending less,” a company representative stated. “With higher passenger capacity and zero fuel requirements, operators can maximise each trip without the burden of daily fuel expenses.”

 

Beyond its cost-saving potential, the electric keke is also said to require less maintenance than traditional models, offering additional long-term savings. Its quieter and smoother operation is expected to enhance passenger comfort and overall commuting experience.
Industry analysts note that the introduction of electric mobility solutions reflects a growing shift toward cleaner and more sustainable transportation alternatives in Nigeria, particularly in densely populated urban centres such as Lagos.

 

 

The distributors added that the product is currently available under a limited promotional offer, with delivery options across the country.

 

For inquiries and purchase: 📞 08153432071
📞 08035889103
Office Address:
📍 Plot 9, Block 113, Beulah Plaza,
Lekki–Epe Expressway,
Lekki Phase 1, Lagos

 

As transportation costs continue to rise and environmental concerns gain prominence, innovations like the electric 8-seater keke may signal an emerging transition toward more efficient and sustainable mobility solutions nationwide.

 

Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings

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