Business

Fendini Group CEO, Prince Laja Adeoye, Honored at 9th City People Real Estate Awards 2024

Published

2 years ago

November 25, 2024

385 Views

The Chief Executive Officer of Fendini Group, Prince Laja Adeoye, was recently recognized for his innovative and remarkable contributions and performance to Nigeria’s housing development at the 9th City People Real Estate Awards, 2024 edition.

The event which took place on Sunday, at the ASSO Hall, Maryland in Lagos, had in attendance the la creme of real Estate Industry, including the Pastor Ashimolowo’s Makarios Estate group.

According to Seye Kehinde, the publisher of City People Magazine and convener of the awards, this prestigious recognition honors individuals who have made significant strides in Nigeria’s real estate industry.

Prince Laja Adeoye’s leadership at Fendini Group has been instrumental in developing Rayfield Gardens City Estate, a 400-unit luxury and bespoke housing scheme in partnership with the Oyo State Government, located in Christopher Adebayo Alao Akala GRA Monatan Ibadan, the estate boasts a completed Supermall, duplexes, and ongoing development projects, including an uptown hotel, banking hall, schools, event hall, and hospital.

Upon completion, Rayfield Gardens City Estate promises to be Oyo State’s choicest destination for luxury properties.

Prince Laja Adeoye, while addressing journalists, noted that the Federal Government should create more enabling environment for Real Estate developers, through creation of more infrastructures, easy access to land and title and partnership with building materials manufacturers.

The Federal Government,just as they do for the manufacturing sectors they need to provide funding succour for Real Estate developers as well, because most of the challenges leading to high prices in the real Estate products, has to do with cost of funds, inflation, and regulatory policies.

He dedicated the award to God Almighty, his family, the Oyo State Government led by Governor Seyi Makinde, his team, and loyal subscribers. He encouraged the youth to pursue their passions and never give up, despite daunting challenges.

This recognition solidifies Fendini Group’s position as a leader in Nigeria’s real estate industry, and Prince Laja Adeoye’s commitment to delivering exceptional luxury living experiences.

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Exchange Rates Today Friday, 12 June

Black Market Rates
US Dollar (USD) ₦1,397
Great British Pound (GBP) ₦1,850

Published

3 days ago

June 12, 2026

OCHEFA

46 Views

Official CBN Exchange Rates

US Dollar (USD) ₦1,363. 83

Great British Pound (GBP) ₦1,821. 25

EURO (EUR) ₦1,572. 90

SWISS FRANC (CHF) ₦1,706. 49

JAPANESE YEN (JPN) ₦8.50

CHINESE YUAN (CNY) ₦201.20

West African CFA (XOF) ₦2.40

West African Unit Account (WAUA) ₦1,857. 45

SAUDI RIYAL (SAR) ₦363. 29

SOUTH AFRICAN RAND (ZAR) ₦82.61

Black Market Rates

US Dollar (USD) Buy ₦1,397 Sell ₦1,405

Great British Pound (GBP) Buy ₦1,850 Sell: ₦1,870

EURO (EUR) Buy ₦1,587 Sell ₦1, 607

Canadian Dollar (CAD) Buy ₦1,030 Sell ₦1,100

South African Rand (ZAR) Buy ₦75 Sell ₦90

UAE Dirham Buy ₦350 Sell ₦370

Chinese Yuan Buy ₦180 Sell ₦200

Ghana Cedi (GHS) Buy ₦95 Sell ₦110

West African CFA Buy ₦2, 380 Sell ₦2, 460

Central African CFA Buy ₦2, 220 Sell 2,300

Australian Dollar Buy ₦800 Sell ₦900

Business

Airtel launches data calculator to counter depletion complaints

Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said that the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.

Published

4 days ago

June 11, 2026

OCHEFA

60 Views

Airtel Nigeria has launched the Airtel Web Data Calculator, a new digital tool designed to help customers estimate and better understand their internet data consumption based on real-life usage patterns.

Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.

Speaking on the launch, Oladokun Oye, Customer Experience Director, Airtel Nigeria, said that the initiative reflects Airtel’s commitment to customer empowerment and service transparency.

“As Nigerians become increasingly dependent on digital services for work, education, entertainment and communication, it is important that customers have clear visibility into how their data is consumed.

The Airtel Web Data Calculator was developed to help our customers understand their usage patterns better, make informed choices, and enjoy greater confidence in their digital experience,” he said.

Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.

“The future of telecommunications will be defined not only by network investments but also by how effectively operators help customers understand and manage their digital lives. The Airtel Web Data Calculator represents a practical innovation that places more information and control directly in the hands of our customers.” He said.

Business

Kingsley Moghalu chairs Bluecode Africa subsidiary in Nigeria

Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.

Published

4 days ago

June 11, 2026

OCHEFA

62 Views

Bluecode Africa, the European payments infrastructure operator backed by leading US and European institutional investors, has named Prof Kingsley Chiedu Moghalu as Chairman of the Advisory Board of its Nigerian subsidiary, Bluecode Payments Nigeria Limited as the company formally enters the Nigerian market.

The appointment was jointly announced by Chris Pirkner, Founder of Bluecode, and Odin Krismayr, Managing Director of Bluecode Africa, who described it as a foundational governance decision for the company’s Nigerian and continental operations.

Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.

He led the team that introduced the unique-identifier Bank Verification Number (BVN), enrolling 50 million banking users, simplifying Know Your Customer (KYC) procedures, and doubled Nigeria’s financial inclusion rate from 33 to 60 per cent.