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‘NOLLYTAINMENT’ TO SHAKE UP NOLLYWOOD WITH NEW ECOSYSTEM

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Nollytainment is one entity that is set to change the perception of the public about the Nollywood industry both home and abroad. Those that have been following this thread would know that what is about to hit the Nollywood industry is like an unexpected storm that will bring not just a massive positive change but a turn around in Nollywood.

 

 

We would be right to say Nollytainment  is the breakthrough Nollywood has been expecting.

 

Nollytainment is like a company that houses several packages for the good of film makers, actors and actresses, directors and also the viewers.

 

 

Some of these packages include, Nollycoin, a new blockchain-powered platform and cryptocurrency which is developed by Nollytainment Limited.

 

 

 

According to the Convener , Ope Banwo, Nollycoin will tackle the lack of access to sustainable capital needed for the production of quality movies; the issues related to copyright infringement, intellectual property protection and piracy; structural problems regarding fair compensation for collaborators and other professionals; and the challenges of having a universal means of exchange for the purchase and sale of African movies.

 

 

Furthermore, we have Nollycloud . With NollyCloud App, mobile and Desktop users no longer need to use any part of their internet service data to download full length movies or access huge videos from the internet. This breakthrough technology completely bypasses regular internet service and the conventional WiFi . It uses a proprietary download access protocol that is independent of how much data a user has with his/her internet service.

 

 

In addition, users can now download heavy duty data of a full 2-hour or more movies within 1 minute or less! In order words a process that would typically take over 60 minutes, and several restart attempts, could now be accomplished in less than 60 seconds.

 

 

Others include :

 

 

  1. Nolly Cinemas (A Blockchain enabled screening of movies at cinemas complete with a blockchain Nolly box office that lets people purchase movie tickets using cryptocurrency: www.NollyBoxOffice.com).

 

  1. NollyFlix360 (An online Movie Streaming Platform that has been described by knowledgeable observers as a kind of Netflix on Steroids: www.NollyFlix360.com)

 

  1. NollyShopper (An Amazon styled Marketplace/Online Mall for buying and selling of entertainment products and services that will be open to all artistes and products creators to sell their products and services. This will be accessible at www.NollyShopper.com)

 

  1. Nolly Varsity (An online and offline training and certification academy for aspiring entertainers, industry technicians and support personnel: www.NollyVasity.com)

 

  1. Nolly Funder — (A special crowdfunding platform for movie producers www.NollyFunder.com). This will help qualifying producers raise funds for their projects through their fan base.

 

 

With Nollytainment, Nollywood has just gotten better than it has ever been

 

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Herbal Life Hikers Take On De Wildt Trails in Empower-Active Adventure!

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Herbal Life Hikers Take On De Wildt Trails in Empower-Active Adventure!

 

De Wildt, July 19, 2025 – The crisp morning air of De Wildt did little to deter a vibrant group of adventure-seekers who came out in full force for the “#Empower-Active! Let’s Have Some Fun! Let’s Go Hiking” event. Dressed in lime green and black, the enthusiastic hikers turned the trails into a vibrant wave of energy, unity, and wellness.

Organized by wellness coach Busi Jele—popularly known as Aunty BJ—and anchored by Neo Kgosana, the event was hosted under the banner of community wellness and empowerment. Kicking off at 7 a.m., participants set off with smiles, camaraderie, and a shared goal of physical rejuvenation and social connection.

“This is more than a hike,” said Aunty BJ. “It’s a movement to get people active, connected, and recharged—away from the stress of everyday life. We’re thrilled at the turnout and the energy everyone brought today.”

The event drew a diverse mix of nature lovers, fitness enthusiasts, and first-time hikers, all eager to embrace the outdoors. For a registration fee of R250, participants received a hike pack, entry access, and a refreshing post-hike snack—carefully curated to support health and vitality.

As hikers made their way through the picturesque De Wildt trails, laughter echoed through the hills, new friendships were forged, and many paused to soak in the breathtaking views and stillness of nature. The event’s theme colours, lime green and black, symbolized vitality and strength—perfectly capturing the spirit of the day.

With the success of this edition, there are growing calls for the hike to become a regular wellness fixture. For many attendees, today’s hike was not just a physical activity but a therapeutic experience—filled with joy, connection, and empowerment.

Herbal Life Hikers Take On De Wildt Trails in Empower-Active Adventure!

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FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

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FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

 

Lagos, 18 July 2025 – FirstBank, a leading financial institution and provider of financial inclusion services in West Africa, announces the achievement of ₦1 trillion in cumulative instant digital loan disbursements. This accomplishment further consolidates the Bank’s reputation for innovation, leadership in financial inclusion, and commitment to customer empowerment within.

Since its inaugural digital loan in August 2019, FirstBank has developed an unconventional and robust digital lending ecosystem designed with Artificial Intelligence and Machine Learning, to improve access to finance, especially to the high-risk customer segment. The Bank created a multi- channel loan disbursement service that requires no collaterals, zero documentation and is void of human interactions. Through its FirstAdvance, FirstCredit and AgentCredit products, 1.5 million unique borrowers enjoyed instant and secure access to credit. This is irrespective of whether they are salary earners, non-salary earners, or micro business owners. They also have the convenient options of accessing these loans through platforms such as *894# (FirstBank’s USSD service), FirstMobile, LitApp and the FirstMonie Agent App.

Regarding this milestone, Chuma Ezirim, Group Executive, e-Business & Retail Products at FirstBank, stated: “This success underscores our ongoing commitment to innovation and a customer-focused approach, which are central to FirstBank’s core values. Beyond achieving substantial figures, we remain dedicated to fostering opportunities for financial independence across Nigeria in particular, and in Africa at large.’’

He added, “We value the trust our customers place in us to support their financial aspirations. Our efforts to advance digital lending will persist, especially to the excluded and underserved customer segments, while effectively managing risks in the process.”

FirstBank currently disburses about N1 Billion daily in digital loans, demonstrating its commitment to fostering an inclusive, technology-driven future for Nigerians. By consistently investing in advanced technologies and developing customised financial solutions, the Bank seeks to improve the financial well-being of individuals and businesses across the nation.

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Group slams NMDPRA Boss Farouk’s Diversionary Newspapers Ads On $5.5 Million In Children’s Tuition Fees

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Group slams NMDPRA Boss Farouk's Diversionary Newspapers Ads On $5.5 Million In Children's Tuition Fees

…charges relevant agencies to open immediate investigation.

 

The Concerned Citizens Network of Nigeria (CCNN) has slammed Engineer Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), for his full-page newspaper advertisements published on July 11, 2025, as a “disgraceful charade” and “diversionary” designed to dodge accountability.

The group said the ads, appearing on page 12 of Thisday, page 17 of The Guardian, page 15 of Vanguard, page 3 of BusinessDay, and page 19 of Daily Trust, were unsigned and devoid of substance, failing to address explosive allegations that Ahmed spent over $5.5 million (approximately N8.25 billion) on his children’s secondary education abroad.

In a fiery press conference on Monday in Abuja, the CCNN, led by Dr. Emmanuel Agibi, demanded an immediate investigation, accusing Ahmed of insulting Nigerians’ intelligence with his evasive tactics.

The CCNN highlighted that Ahmed’s children—Faisal Farouk attended the Montreux school, Farouk Jr attended the Aiglon college, Ashraf Farouk attended the Institut Le Rosey while Farhana Farouk attended the La Garenne International School for six years each.

With annual tuition and upkeep exceeding $200,000 per school, the total cost for the four children is estimated at $5 million, or roughly $1.2 million per child over six years.

“The cost per child included annual tuition fees of approximately $130,000–$150,000 and an additional $50,000 for upkeep, flights, and other expenses. For each child, this amounts to roughly $180,000–$200,000 annually, or $1,080,000–$1,200,000 over six years,” the statement said.

“For four children, the total expenditure ranges from $4,320,000–$4,800,000. Even now, questions remain unanswered about the tertiary education of Ahmed’s children. Having completed their secondary education, Faisal, Farouk Jr., Ashraf, and Farhana are enrolled in prestigious universities abroad, where annual costs often exceed $70,000–$100,000 per student.

“Further compounding public outrage, Engr. Farouk Ahmed’s son recently graduated from Harvard University, where tuition and associated costs exceeded $152,000, with additional expenses in the range of $100,000. This extravagant expenditure, far beyond the gross earnings of a civil servant of his calibre, places an immense burden on Nigeria’s poor taxpayers, many of whom struggle to afford three meals a day or school uniforms for their children, particularly in the northern regions.

“Notably, Ahmed has never held employment outside his role with the Federal Government since leaving school, raising further questions about the source of his wealth. The opulence displayed in funding such elite education underscores a stark disconnect between Ahmed’s lifestyle and the economic realities faced by ordinary Nigerians.”

The group urged the Code of Conduct Bureau (CCB), Independent Corrupt Practices Commission (ICPC), and Economic and Financial Crimes Commission (EFCC) to investigate how a civil servant’s salary could fund such lavish expenditure.

“In a nation where over 10 million children, particularly in the north, lack access to basic education, this lavish spending by a public servant is not merely a matter of personal choice—it is a moral outrage,” the statement added.

“While countless Nigerian families struggle to afford primary schooling, Ahmed’s children attended secondary institutions costing more per term than the annual budgets of some federal colleges. This stark inequality represents an injustice that cannot be ignored.

“The absence of transparency regarding how these ongoing expenses are funded further fuels public suspicion. If Ahmed’s wealth can support such elite secondary and tertiary education, the public deserves to know the legitimate sources of these funds, especially given his role as a public servant accountable to Nigerian taxpayers.

“The CCNN’s allegations are grounded in rigorous evidence, stemming from a petition to the Attorney-General of the Federation after weeks of verification, fact-finding, and public record reviews.We question how a public official, whose salary is known and whose assets must be constitutionally declared, could finance such an extraordinary level of overseas education without a visible commercial empire or disclosed inheritance.

“The petition raises serious concerns about potential abuse of office, asset concealment, or diversion of public funds under Ahmed’s leadership at NMDPRA. Public response has been resolute, with peaceful protests by lawyers, students, and civic groups targeting the Attorney-General’s office, ICPC, EFCC, National Assembly, and NMDPRA headquarters. These demonstrations, supported by formal letters and placards, demanded a transparent investigation.

“The NMDPRA’s attempt to dismiss these voices as ‘faceless’ is a cynical effort to undermine lawful civic engagement, further eroding public trust. The NMDPRA’s statement conspicuously avoided addressing key issues: it did not deny the children’s attendance at the listed secondary schools, nor did it provide any breakdown of how tuition was funded.

“It offered no details on asset declarations, loans, business income, family inheritance, or blind trusts, relying instead on vague appeals to Ahmed’s ‘reputation’ and ‘integrity.’ In a democracy, such claims are insufficient when a public servant’s lifestyle appears misaligned with their declared income. The burden of proof rests with Ahmed, not the public.

“The CCB, ICPC, and EFCC have constitutional mandates to investigate cases of unexplained wealth, ensuring that public officials are held accountable. This case tests the credibility of President Bola Tinubu’s anti-corruption and transparency agenda. The CCNN is not calling for Ahmed’s immediate removal but for an open, independent investigation. If he is innocent, a transparent process will vindicate him.

“However, continued silence risks tarnishing both his reputation and the government’s reform efforts. Ignoring these allegations would be a grave miscalculation. The CCNN is submitting additional letters, pursuing legal action, and mobilising further protests to ensure accountability. Civic vigilance is not a nuisance—it is the cornerstone of a functioning democracy.

Group slams NMDPRA Boss Farouk's Diversionary Newspapers Ads On $5.5 Million In Children's Tuition Fees

“Engr. Farouk Ahmed must step forward, disclose his funding sources, and submit to a full inquiry. This is not persecution—it is the price of public trust. The CCB, ICPC, and EFCC must act swiftly to investigate these allegations, ensuring that justice and transparency prevail.”

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