NEWS
Beneficiaries Of Subsidy Ready To Undermine Govt, Says VP Shettima

Vice President Kashim Shettima has said that those who lost out as a result of the removal of subsidy were determined to frustrate the government’s policies and programmes.
Shettima made this disclosure in Abuja on Tuesday, September 5, at the 16th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria (CIBN).
He said the Bola Ahmed Tinubu administration remains committed to its decisions, policies, and programmes and vowed that the removal of subsidy is irrevocable.
Addressing the audience, Shettima stated: “We know the consequences of unveiling a masquerade. We know the fuel scam industry is a very hugely loaded industry, they will make every effort to undermine us but as I said earlier the removal of fuel subsidy is irrevocable; truly we are in dire straits.”
On the outcomes of recent government policies and programmes especially the removal of subsidy, Shettima said: “I must announce with pride that our decisions are already yielding tangible results, with both state and federal governments now enjoying more substantial allocations.”
“These funds promise a direct and positive impact on the lives of our citizens. Without the serially unaccounted fuel subsidies, we can now redirect our savings towards more deserving causes”.
The vice president invited the banking community to join the government in rejuvenating the economy.
According to him, “We must now do what pessimists may regard as impossible: turning the economy around in record time. We seek your partnership in getting this done. We cannot take your support for granted.
“This journey towards economic rejuvenation is not one to be undertaken in isolation. It is a call to forge robust partnerships with strategic nations and multilateral organizations, for in unity, Nigeria can reposition itself as a formidable, globally competitive partner.”
Speaking further Shettima said: “We have promised to reposition consumer finance, and that can’t be done without you. We have promised to incentivise and finance value-addition to our agricultural and other products, and you are our ally in this. We need you because Nigeria teeters on the edge of a precarious balance of payments as we import more than we export.
“The future is already here, and this industry is a springboard for the success of our reforms and programmes. Whether in incorporating blockchain technology or expanding financial inclusion to deliver dividends of democracy to banking and unbanked citizens, Nigeria is here to occupy the high table in a fast-changing world”.
The government he said envisions “a future where no leader can resort to the tired excuse of ‘scarcity of funds’ to evade completion of projects or delayed salary payments. Nigeria is crafting a story where the welfare of our people takes precedence, and financial accountability reigns supreme.”
vice president said: “We have resolved to prioritise food security and ending poverty. We are prioritising economic growth and job creation. We are prioritising access to capital and improving security.
“We are prioritising improving the playing field on which people and particularly companies like yours operate. We are also prioritising the rule of law and the fight against corruption. Each agenda cannot be fully implemented without your cooperation.”
Earlier in his remarks, the president of the Chattered Institute of Bankers, Ken Opara said the event which has grown to become the largest gathering of banking and finance professionals in Africa, provides the platform for professionals to come together to drive the conversation on topical issues that are critical to the growth of the Nigerian economy.
He praised the reform initiatives of President Bola Tinubu, noting that “the reform initiatives such as subsidy removal, unifying the foreign exchange regime, investing in infrastructure, promoting agriculture, supporting SMEs and tax reforms, among others, if well implemented will unlock the economic potentials of the country.”
The chairman of the Body of Bank CEOs and Managing Director of Zenith Bank, Ebenezer Onyeagwu called for deliberate action from commercial banks and development banks in Nigeria to support small and medium-sized enterprises (SMEs) and promote economic growth.
Onyeagwu argued that commercial banks should not be solely responsible for financing and supporting SMEs, as this would not lead to progress and development. He suggested that “development banks should also share the risk and support SMEs, as a collective effort is needed to grow these businesses”.
The minister of Budget and Economic Planning, Abubakar Atiku Bagudu in his address said the government has resolved to make the annual budget plan-based and noted that the banking sector is well placed to contribute to national growth.
In his goodwill message, the acting Governor of the Central Bank of Nigeria (CBN) Folashodun Adebisi Shonubi lamented that the banking industry is not contributing enough to the nation’s Gross Domestic Product (GDP)
He stated: “When we look at economic contribution, we are fighting below our weight so can we promise them that instead of 3.6 percent we will be contributing a lot more than that and we will sit down and find what the drivers are that we can influence and we can do.”
Source:- The Nation

Entertainment
Gold Coast (Coast Omonofewho) Releases Promo Photos, Named Lascurt Hotels International Enterprise Ambassador


Rising artist Gold Coast (born Coast Omonofewho) has released a fresh set of promo photos as he continues to build momentum following the official drop of his single Thank You Lord. The new visuals arrive as the singer is also announced as the official Ambassador for Lascurt Hotels International Enterprise.
The promo photos showcase Gold Coast in a polished and confident light, capturing the energy and gratitude that define this chapter of his career. The images are expected to accompany ongoing promotions for Thank You Lord, which is now available on all major streaming platforms along with its official music video.

In a significant career development, Gold Coast has been named Ambassador for Lascurt Hotels International Enterprise. The partnership links the artist with a respected hospitality brand known for excellence and premium service. As ambassador, he will represent the group across key platforms and engagements.
“This season is full of blessings,” Gold Coast shared. “Releasing new promo photos, seeing Thank You Lord out in the world with its video, and stepping into the role of Lascurt Hotels International Enterprise Ambassador all feel like perfect timing. I’m grateful and ready for what’s next.”

The combination of new promo visuals, a freshly released single, and a high-profile ambassadorship positions Gold Coast (Coast Omonofewho) as a rising force to watch. Fans are encouraged to stream Thank You Lord, watch the official video, and follow his journey with Lascurt Hotels International Enterprise.
Stay connected to Gold Coast’s official channels for more updates and exclusive content.
Contact & Socials:
WhatsApp: 08140260839
X / Instagram / Facebook: @GOLDCOASTONTHIS
NEWS
FROM ENTRIES TO SPOTLIGHT: THE SOUNDOUT LIVE EDITION 2 JOURNEY


What began as an open call for emerging musical talent in Delta State has evolved into a competition that is now entering one of its most decisive stages. SOUNDOUT LIVE Edition 2 has moved from its initial launch, through the release of its official competition beat and the submission of entries, to the current voting phase, bringing participating artists closer to opportunities for recognition, exposure and career development.
Organised through a collaboration between SOUNDOUTTV and COBYL CITY LTD, the second edition was created to provide emerging artists with a platform to put their creativity and performance ability before a wider audience. With a prize package valued at over ₦900,000, the competition was positioned from the outset as more than a search for a winning performance; it was an opportunity for participating artists to gain exposure and access to professional development opportunities.
The journey took its first major creative turn on 1 August 2026 with the release of the official SOUNDOUT LIVE Edition 2 competition beat. Produced by Berry IV for COBYL CITY LTD, the beat became the common musical foundation for contestants, giving each participating artist the same starting point while leaving room for individual interpretation, delivery and creativity.
With the beat released, the competition moved from anticipation to participation. Artists were required to build their entries around the official instrumental, recording either a freestyle or an original song and presenting their performances according to the competition’s submission guidelines.

Entries were shared on social media while tagging SOUNDOUTTV and were also submitted through the designated official channel, giving contestants their first opportunity to place their work before the competition’s audience.
The initial submission deadline was set for 14 August 2026, but the submission window was subsequently extended to 18 August, allowing the competition to accommodate the continued flow of entries before moving into its next phase.
With the extended submission period concluded, SOUNDOUT LIVE Edition 2 has now progressed into its current voting stage, shifting the focus from entry submissions to audience participation.
Voting is being conducted through the official SOUNDOUT LIVE voting platform. Each individual voter may cast a maximum of 33 votes for a single contestant, while contestants may receive an unlimited total number of votes provided they come from different supporters and comply with the competition rule.
The current stage gives the audience an active role in the competition. Beyond watching the performances, supporters now have the opportunity to stand behind their preferred contestants and contribute to the momentum of their journey as the competition progresses. For the contestants, it is another opportunity to turn the work they have already put forward into meaningful audience engagement.
The entries are in, the performances have been heard, and the competition has reached the stage where the audience gets to have its say.
Whose performance caught your attention? Which contestant left an impression? Now is the time to stand behind the artist you believe deserves your support. Visit the official SOUNDOUT LIVE voting platform, cast your votes and make your voice count. The talent has taken the stage; now, let the fans decide.
NEWS
Focox AT Officially Signs with Lucky Lisiano Records in Landmark Deal That Redefines Artist Empowerment


In a move that is already sending shockwaves through the Afrobeats and global music communities, rising force Focox AT has officially signed with Lucky Lisiano Records (LLR). The contract is being widely described as one of the most artist-favorable deals ever put on paper — a rare, heavily enriched agreement that prioritizes the artist’s long-term ownership, creative control, and financial upside in ways rarely seen in modern label partnerships.
Based in Warri, Nigeria, Focox AT brings a distinctive sound and unfiltered energy that has been building momentum across the continent. Lucky Lisiano Records, headquartered in the United States, recognized the unique opportunity and moved decisively. The resulting partnership is being called “promising and unique” by both camps — a genuine bridge between Warri’s raw creative fire and LLR’s international infrastructure.

Under the new agreement, Focox AT will begin the partnership with two singles, followed by a full EP scheduled for release in the new year. Both artist and label have expressed strong excitement about the road ahead, describing the union as a true meeting of vision rather than a standard transactional signing.
There has also been growing talk of Lucky Lisiano Records establishing a physical headquarters in Nigeria, though no official timeline has been confirmed. Industry observers note that such a move would mark a significant expansion for the U.S.-based label and further solidify its commitment to African talent. With the first single expected August 14th 2026 and the EP locked in for mid 2027, both sides are already looking ahead. The consensus is clear: this partnership is built for impact. 2027 is shaping up to be a year of serious momentum.

About Focox AT
Focox AT is an emerging Nigerian artist from Warri whose music blends street authenticity with forward-leaning Afrobeats energy. His signing to Lucky Lisiano Records marks a major new chapter.
About Lucky Lisiano Records
Lucky Lisiano Records is a U.S.-based independent label focused on developing distinctive global talent with strong emphasis on artist-first partnerships.
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