News
Lagos Gears for Mobile explosion @ Yudala Zero Gravity Concert
The cosmopolitan city of Lagos, Nigeria’s entertainment and commercial nerve-centre, is set to witness an evening of mega praise, divine upliftment and powerful exhortations to God, as Yudala Zero Gravity Rock Gospel Concert takes centre-stage on Sunday, November 20th.
The event, which kicks off at the Federal Palace Hotel, Victoria Island, Lagos from 3pm, sees the return of the Yudala Zero Gravity train to Lagos after a whirlwind two months featuring major stops in Abuja and Enugu.
Among the dignitaries expected to grace the event are captains of industries, representatives of Corporate Nigeria, Managing Directors (MDs)/Chief Executive Officers (CEOs) of major financial institutions and other establishments as well as representatives of partner organizations on Yudala Zero Gravity 2016 including Hewlett Packard, Access Bank, Airtel, Stanbic Bank, InnJoo Mobile, Kia Motors, Zinox, Lenovo, among others. Media partners Trace TV, MTV Base, Senior Editors/Correspondents from the Print Media, various radio stations and online media partners are also expected.
A host of heavyweight Gospel artistes – most of whom have disclosed their readiness to make it an evening of unforgettable praise – have already been confirmed to perform at the mega concert. The list includes multi-award winning artistes Frank Edward, Sammie Okposo, Buchi, Chioma Jesus, Sola Allyson, Tope Alabi, Joe Praise, Gozie Okeke (Akanchawa), Chinyere Udoma and fast-rising UK-based Urban Contemporary Gospel star, Enkay, among others.
Attendees of the Yudala Zero Gravity Rock Gospel Concert are also in for a rewarding time, with the Wisdom Sales powered by Yudala at the venue which offers many a chance to get a taste of the unbeatable Black Friday prices and discounts on offer by the e-commerce outfit.
Furthermore, Yudala has also partnered with a host of premium brands and Original Equipment Manufacturers (OEMs) to give away loads of freebies and other exciting prizes to many lucky attendees.
Interestingly, free Wi-Fi has also been provided for all at the Federal Palace Hotel open ground, venue of the Yudala Zero Gravity Rock Gospel Concert in partnership with foremost telecommunications outfit, Airtel.
Beginning with a Contemporary Music Concert in Lagos on October 2nd 2016 at the Landmark Centre which featured A-list artistes Olamide, Zoro, Naeto C, Sound Sultan and David Grey, among others, Yudala had taken the action to Abuja, the nation’s capital, on the weekend of October 21st and 22nd, with a Contemporary Music Concert on Friday October 21st at the Sheraton Hotel headlined by Phyno and which featured the official launch of YUBOSS – a wealth creation platform set up by Yudala in partnership with Access Bank and Airtel and which only recently received a N1.5b support from the Leo Stan Ekeh Foundation.
This was followed on Saturday October 22nd with a Rock Gospel at the same venue – which had the likes of Samsong, Chioma Jesus, Solomon Lange, Steve Crown and Chris Morgan, among others – elevating the crowd with a festival of divine praise.
From there, the Yudala Zero Gravity train had moved on to Enugu on the weekend of Saturday November 5th, with a Contemporary Music Concert at an over-crowded Michael Okpara Square featuring a plethora of mega stars including Flavour, Mr. RAW, Zoro, Naeto C, Humblesmith and David Grey, among others. The next day, Sunday November 6th was the turn of the likes of Prince Gozie Okeke, Chioma Jesus, Sammie Okposo, Frank Edward, Buchi, Chinyere Udoma, Steve Crown, Able C and Enkay, among others to thrill the crowd at the Rock Gospel Concert hosted at the same venue.
The Yudala Zero Gravity Mega Music Concerts represent a major outlet for Yudala to bond closely with her customers, with the Rock Gospel concerts validating the ethical approach to the business of e-commerce espoused by Yudala, which has seen it widely renowned as the undisputed choice for genuine products in the sector.
Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.
The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.
The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.
Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.
“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.
Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.
It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.
The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.
The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.
Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.
L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.
Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.
As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.
Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.
He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.
Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.
In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.
Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).
He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.
Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.
“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.
“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”
Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.
“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”
Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.
It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.
Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.
Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.
The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.
The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the Enhancing Niger Northeastern Connectivity Project,” according to a press release issued by the multilateral development bank.
The statement said that the project aims to enhance connectivity and road safety along the Zinder-Agadez Road section and improve access to basic socioeconomic infrastructure for selected communities in that road section.
However, according to the statement: “UNASEL and Mr. Mamu presented false experience documents in a prequalification application to qualify for a contract under the project. This was a fraudulent practice under the World Bank’s sanctions framework.”
“The debarments make UNASEL and Mr. Mamu ineligible to participate in projects and operations financed by Bank Group institutions. The debarments are part of two settlement agreements under which UNASEL and Mr. Mamu admit culpability for the underlying sanctionable practices,” it added.
The statement further said: “Per the Bank Group Sanctioning Guidelines, the settlement agreements provide for a reduced period of debarment in light of UNASEL and Mr. Mamu’s cooperation.
As a condition for release from sanction under the terms of the settlement agreements, UNASEL and Mr. Mamu commit to developing and implementing integrity compliance measures that reflect the relevant principles set out in the Bank Group Integrity Compliance Guidelines, and Mr. Mamu further agrees to complete corporate ethics training.
UNASEL and Mr. Mamu also commit to continue to fully cooperate with the Bank Group’s Integrity Vice Presidency.
“The debarments of UNA SEL and Mr. Mamu qualify for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.”
Affordable, Flexible Streaming Platforms May Kill PAYtv – Report
FG Suspends NAICOM’s N680m Insurance Recapitalisation Fees
FG Taps Indian, Chinese Technologies to Tackle $2.5Bn in Food Losses
MTN Nigeria Clocks 25, Connects over 90m People
Subscribers to Seek Legal Redress if Poor Quality of Service Continue in September
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor
NBC Tasks Broadcasting Stations over 2028 DSO Global Deadline
NBC Scraps Annual Digital Access Fee on DSO
Glo Sponsored African Voices to Feature Netflix’s “The Polygamist” Stars
E-Business2 days agoX Replaces Revenue Sharing wit New Creator Rewards Programme
Telecom2 days agoMTN Alerts Subscribers over Fake 25GB Anniversary MTN Data Giveaway
E-Financial2 days agoInterswitch, Temenos Commit to Advancing Nigeria’s Digital Banking Technology
General News2 days agoFake Agency: ICPC Indicts NITDA, Others over Inadequate Due Diligence
E-Financial2 days agoFG Spent N3.1 Trillion on Domestic Debt Servicing in Q1- DMO
General News2 days agoUNESCO Taps Oguamanam,Nigerian Scholar to Advisory Body on Science, Tech Ethics
General News2 days agoTax Reform Built on Taxing Prosperity, Not Poverty– Adedeji
Broadcasting2 days agoAwba-Ofemili Unveils 2026 Health Campaign, Offers Free Medical Screening