General News
Showmax’s The Real Housewives of Lagos to Premiere Across Africa & UK
The long-awaited reality show, The Real Housewives of Lagos, will premiere exclusively on Showmax on Friday, April 8, 2022.
The show will stream on the platform throughout Africa, the United Kingdom and other international markets such as Andorra, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Indonesia, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Monaco, Netherlands, New Zealand, Norway, Portugal, San Marino, Spain, Sweden and Switzerland.
Showmax will release new episodes of the show, which follows the opulent lives of six of the most glamorous women in Lagos, Nigeria, every Friday. These women include Carolyna Hutchings, Laura Ikeji, Chioma Ikokwu, Toyin Lawani-Adebayo Iyabo Ojo and Mariam Timmer. They all have a few things in common – they are very successful, business-minded, fashion-loving and highly opinionated ladies.
In true Lagos style, they will be serving up all the high fashion, luxury, drama, and power moves that the franchise is known and loved for globally.
Speaking about the show’s premiere, Candice Fangueiro, Head of Content: Showmax Africa, said, “We are really excited about the viewers finally getting to see this amazing show we’ve been working on for so many months.
The women have shared what their lives are truly like beyond what their fans and followers will typically see on social media.
The show will take each viewer on an emotional rollercoaster as they get immersed in the lives of the women, their relationships and their different journeys. Fans of the show in the United Kingdom will be able to stream the reality show exclusively on Showmax.”
RHOLagos will be the first Nigerian instalment of the award-winning franchise, which is distributed internationally by NBCUniversal Formats, part of Universal International Studios, a division of Universal Studio Group. It also marks the 16th international version of The Real Housewives format and the third African adaptation, following the success of The Real Housewives of Johannesburg and Durban on Showmax.
If the trailers and conversations on social media around the show are anything to go by, RHOLagos will be a drama-fest worthy of being called one of the most remarkable reality series the country has ever seen. Fans have gone agog on social media with excitement about the show, but they’ll finally be able to see it when it drops exclusively on Showmax this Friday at 7 am WAT.
For more information about the show and all things Showmax, visit www.showmax.com.
Innovative financial institution and pioneer of Africa’s first fully digital bank, Wema Bank, has reaffirmed its commitment to advancing women’s empowerment by partnering with the SheCan Conference for the fifth consecutive year.
The collaboration has announced it would empower women with N2 million grant during the 6th edition of SheCan 6.0. conference, that will be held on July 18, 2025, at Balmoral, Federal Palace Hotel, Lagos.
The event is expected to host over 7,000 women under the theme “SheCan Do More.”
Announcing this partnership, Wema Bank through its women-focused platform, SARA by Wema, said it will be awarding ₦2 million in business grants to support women entrepreneurs within the SARA Community.
This grant is to support small and medium businesses within the SARA Community to scale up their business.
Ayodele Olojede, Head, Retail and SME Banking at Wema Bank, said, “Wema Bank is committed to empowering women entrepreneurs by providing the financial backing, tools, training, and networks they need to scale sustainably. Year after year, we’ve seen the incredible ripple effect that access, and opportunity can create in the lives of women and their communities.
“Through SARA by Wema, our goal is to create an environment where Nigerian women can dream bigger, build stronger, and lead the economy with confidence. This partnership with SheCan is a statement of belief in the power of women to transform society.”
“This year’s partnership represents more than sponsorship; it is a tangible investment in helping Nigerian women build sustainable businesses, scale their impact, and contribute meaningfully to economic growth.
“Eligible applicants must be women-led businesses with active Wema Bank accounts and must be registered members of the SARA Community.
“Interested participants are required to submit a written pitch of no more than two pages, detailing their business and founder story, the problem being solved, target audience and competitive advantage, proposed use of the grant, and the expected outcomes and community impact. Entries must also include the applicant’s Wema Bank account number, full name, and the email address used to join the SARA Community.”
Justice D.I. Dipeolu of the Federal High Court in Ikoyi, Lagos, has convicted two companies, FARM360 Limited and MCBHADMOS Trans-Atlantic Trade Limited, for illegal capital market operations.
The Economic and Financial Crimes Commission (EFCC) disclosed that the companies were arraigned on June 16 by the Lagos Zonal Directorate 2 of the EFCC on a five-count charge for operating collective investment schemes without valid licences from either the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC).
The charges allege that between 2021 and 2022, the firms collected approximately N80 million from several investors but failed to refund the money or pay accrued interest. One of the counts stated that the companies operated without a valid licence to conduct investment management, violating Section 57 of the Banks and Other Financial Institutions Act 2020.
The companies pleaded not guilty, but EFCC investigator Nnadikwu Izuchukwu Collins presented evidence that included a petition from investors who claimed the firms promised high returns through agricultural and forex trading investments. The petition revealed the group invested a total of N93 million.
Investigations showed neither FARM360 nor MCBHADMOS held the necessary licences from the SEC or CBN. A Fidelity Bank statement revealed that the N80 million received was used for personal purposes. The directors of both companies remain at large, with efforts underway to apprehend them.
The prosecution submitted bank statements, the investor petition, and official correspondence with the CAC, CBN, and SEC as evidence, all of which were admitted by Justice Dipeolu.
The court convicted both companies on all counts and imposed fines of N5 million per count.
In a related case, the court also convicted Quintessential Investment Company Limited for similar illegal capital market activities, following its arraignment on two counts of operating collective investment schemes without CBN approval.
Burna Boy, Grammy-winning Nigerian artist, has publicly distanced himself from a meme coin circulating online that falsely uses his name and image for promotion.
Burna Boy
In a statement shared via Instagram, the Afrobeats star made it clear that he has no involvement in any cryptocurrency ventures, describing such schemes as fraudulent.
His comments come amid growing traction of a meme coin allegedly linked to him, which has been circulating on social media platform X (formerly Twitter).
“I don’t do any internet ‘coin’ business. I see it as fraud and I have no interest in any of that,” Burna Boy wrote. “So if you see anyone using my name for such, please disregard or report them.”
The singer urged fans to remain vigilant and to report anyone promoting the crypto project under false pretenses.
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