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Attempted Military Coup In DR Congo Fulfils Primate Ayodele’s Prophecy (VIDEO)

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Despite the scarcity of true prophets in the world today, Primate Ayodele’s ministry is a proof that God still speaks to his servants and that there are still prophets who are truly called of God.

Primate Ayodele isn’t a just-come in the prophetic ministry, since the inception of his ministry in 1994, He has become a force to reckon with not just in Nigeria and Africa but globally.

Popularly referred to as ‘A prophet of doom’ due to the fact that his prophetic warnings come to pass, Primate Ayodele’s unwavering connection to God continually surfaces with the manner of his prophecies and how they accurately come to pass.

In December, there was an election in DR Congo which the president, Felix Tshisekedi won by a landslide. Of course, Primate Ayodele prophesied the outcome of the election but as usual, He went further to reveal the things that would happen after the election. Among his revelations was that there will be an attempted coup in the country.

These were his words

‘’As a matter of fact, there’s every tendency of the military taking over in DR Congo. Let them wake up, this election….it will be serious, it won’t be just an election.’’

In fulfillment of this prophecy, Three people have been reported killed in the Democratic Republic of Congo’s (DR Congo) capital following a shootout between armed men in military uniform and guards of a top politician, an incident the army described as an attempted coup.

The armed men attacked the Kinshasa residence of Vital Kamerhe, a federal legislator and a candidate for speaker of the National Assembly of DR Congo, but were stopped by his guards, Kamerhe’s spokesman Michel Moto Muhima said on social media.

The army said the group of people behind the attempted coup were mostly foreigners or Congolese citizens based abroad, Al Jazeera’s Alain Uaykani reported. Uaykani added that the army also said some of the suspects held US and Canadian passports.

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As FX Headwinds, Subscription Fee Issues Take Toll on Multichoice Results as published by Thisday Newspaper

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The latest performance report of Multichoice, where it posted losses for the second time may be an eye opener that the company at the centre of a storm in Nigeria over the controversial review of subscription fees is indeed under serious pressure caused by the crisis in the foreign exchange market and other operating challenges, writes Festus Akanbi

For Multichoice, Africa’s leading entertainment company, this is certainly not a time to cheer. This is because its latest financial results have shown that contrary to popular belief, the company is not making enormous profits from its DStv satellite television service. The performance result which was in red confirmed that while the satellite television service contributes significantly to Multichoice’s revenue, the truth is that the company is not solely reliant on it.
 MultiChoice reported loss-making for the year ended 31 March 2024 after incurring a net loss of 4.1 billion rand ($225.8 million at current exchange rate). The company recorded a loss for the second year running, its audited accounts released on Wednesday showed.

According to the company, the substantial net foreign exchange translation losses resulted from losses on, “USD-denominated non-quasi equity loans between MultiChoice Africa Holdings B.V. and MultiChoice Nigeria Limited.”
This, it added, “follows the depreciation of the Naira against the Dollar from a closing rate of N464.50 in FY23 to N1 308.00 in FY24.”
According to the income statement, revenue dropped 5.9 per cent to 55 billion rands due to a slide in subscription fees.

“The combination of foreign exchange headwinds and a lower subscriber base resulted in a net decline in group revenues of five per cent to ZAR56.0 billion,” MultiChoice said.

Counting the Gains of Diversification
The report showed that general and administrative expenses jumped to 18.4 billion rands from 16.6 billion rands a year earlier after surges in employee costs and software license expenses, weakening operating profit.

The report showed however that Multichoice’s diversification strategy has led to significant growth in other segments, such as Showmax, SuperSportBet, and Moment. These new revenue streams have contributed to the company’s overall performance, offsetting some of the challenges faced by DStv.

According to the financial results, several of the company’s other products and services also performed well. Showmax, in particular, has shown impressive growth, with a successful relaunch across 44 markets in sub-Saharan Africa and a significant increase in active users.

Highlighting the company’s achievements in the face of adversity, Multichoice Group Chief Executive Officer, CEO, Calvo Mawela, said despite a tough year, the company delivered a trading profit margin of 26 per cent in South Africa and a 48 per cent increase in trading profit in Africa.

“We’ve just published our results for the past financial year, which ended in March 2024. The year has been like no other in terms of economic turmoil, but we showed resilience and navigated significant headwinds – managing our business with focus, dedication, and tenacity,” said Mawela.

Emphasis on Efficiency
He added that the company’s financial results were a testament to its ability to adapt and innovate in a rapidly changing market, noting that the emphasis on efficiency has positioned the company for future growth, despite the challenges faced by its satellite television service.

“KingMakers delivered strong growth in the online business in Nigeria by growing monthly active online users by 37 per cent and online gross gaming revenues by 26 per cent, year-on-year in constant currency. The business launched BetKing Casino and a virtual football sportsbook service, BetKing FootballGO, in Nigeria and SuperSportBet in South Africa”, the CEO stated.
He continued: “SuperSport continues to bring fans the best of sports from across the globe. In the past year, we broadcast over 34,000 action-packed sports events, more live sports than any other broadcaster in the world. Highlights of the year were the Rugby World Cup, Cricket World Cup, Netball World Cup, FIFA Women’s World Cup, and AFCON.

“Also, SuperSport Schools continues to grow strongly and more than doubled its registered user base during the year. Showcasing South Africa’s talent of the future, the platform displayed 49,000 hours of live programming across 43 different sports, covering 1,100 schools and 14,500 teams.”

Mawela emphasised the company’s commitment to creating authentic African stories. “We are the largest producer of original content on the African continent and remain committed to creating and growing authentic African stories. We produced over 6,500 hours of local content, to bring our local content library to 84,000 hours of content. More than half of our general entertainment budget is spent on local content.”

Commitment to Innovation
With a cost savings target of ZAR2 billion (108.9 million) set for the upcoming year, the company is poised to continue its trajectory of growth and innovation.
“We know that nobody else has the content we have for the customers we serve. This puts us in a great position to prosper – by better understanding our customers’ entertainment choices, identifying their needs, and tapping into the growth opportunities that arise along the way.

“In the year ahead, our focus will be to drive scale in Showmax, Moment, and SuperSportBet and to grow DStv Insurance, DStv Internet, and DStv Stream. We are purposefully pursuing our vision of becoming Africa’s entertainment platform of choice with determination and vigour. Significant progress has been made towards achieving this strategic objective. Our combined efforts will put our business in a strong position to prosper once the macro-economic environment stabilises,” the Multichoice boss assured

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All On Announces $395,000 Grant to Ceesolar Energy for Mini-Grid Power Project in Niger Delta.

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Lagos, Nigeria – 20-06-2024- In its commitment to sustainable development and economic growth in the Niger Delta, All On, the Shell funded leading Nigerian impact investment company, announces a $395,000 grant awarded to Ceesolar Energy Limited, a renewable energy firm specialising in solar system design and construction, energy system deployment. This marks the first beneficiary of the Niger Delta Grant program, a collaborative initiative designed to bridge the energy gap in the Niger Delta region.

The Niger Delta, despite its abundance of natural resources, faces significant energy access challenges. Recognising this disparity, All On established the Niger Delta Grant program to empower off-grid developers to bring clean, reliable power to underserved communities.

Ceesolar Energy Limited will utilise the grant to bring off-grid power to the Oweighoroha community in Bayelsa State. Their project will provide essential electricity for 430 connections, empowering residents with both social and productive-use applications.

“We are delighted to announce the grant to Ceesolar Energy,” said Caroline Eboumbou, All On’s Chief Executive Officer. “This signing signifies our unwavering commitment, alongside Shell, to fostering a brighter future for the Niger Delta This decision reflects Bayelsa’s critical importance to All on, which is determined to address the significant lack of access to commercial electrification opportunities that the communities have endured.

The presence of Country Chair of the Sustainable Energy for Change Initiative, Shell Companies in Nigeria (SCiN), Osagie Okunbor, at the signing ceremony underscored the program’s significance and the commitment of Shell’s All On in driving positive change across the Niger Delta.

“The Niger Delta holds immense potential,” said Country Chair of the Sustainable Energy for Change Initiative, Shell Companies in Nigeria (SCiN), Osagie Okunbor. “By providing grants, we can empower developers and contribute to closing the energy gap, one community at a time. Our aim is to ensure that the project is sustainable; this is the reason we went through the rigorous selection process. Protecting the mini grid is crucial; we seek the cooperation of the leaders and residents of the community to prevent vandalism because the success of this project will pave the way for more initiatives not from All On alone but from other organisations.”

Following a rigorous selection process conducted by All On and the Renewable Energy Association of Nigeria (REAN), Ceesolar Energy emerged from a shortlist of 15 developers. Their proven track record operating in the Niger Delta and their existing project pipeline within Bayelsa State made them a compelling choice.

The Chief Executive Officer, Ceesolar Energy Limited, Chibueze Ekeh, said, “We are excited and honoured be awarded this grant. At Ceesolar Energy we are passionate about reducing carbon footprints through sustainable energy impacts. The Niger Delta is a region that needs sustainable energy impact; hence, this grant is timely to provide the impact to 2,000 people in the Oweighoroha community through the provision of mini grids.”

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IMPROVEMENT SOCIETY OF NIGERIA CELEBRATES 91ST FOUNDER’S DAY ANNIVERSARY

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The Improvement Society of Nigeria, is proud to celebrate her 91st Founder’s Day anniversary, commemorating nearly a Century of dedicated service and impactful contributions to community development and national progress.

The celebration will take place on 22nd and 23rd June, 2024 at The African church Cathedral, Ifako, featuring a day of inspiring speeches, inauguration of new National Executive members,Bible Quiz and Fundraising.

The African Church Improvement Society came to life on 18th June 1933 in The African Church Cathedral Bethel, Lagos now The African Church Arch Cathedral Bethel, Lagos, having been founded by Late Elders T. G. A. Williams, J. A. Johnson and Bro. B.  O. Adesigbin among others.

It has blossomed from such humble beginnings into a giant spreading into Dioceses of The African Church.

President General, Bro. Adebiyi Abiodun Aderibigbe said that: by the special grace of God, we have remained focused on our mission and vision, which are geared toward promoting unity among members and positively contributing to the development of The African Church.

Looking forward, Improvement Society of Nigeria plans to expand its reach and deepen its impact with new initiatives focused on digital literacy, renewable energy in the Vineyard, continue wining souls for Christ and entrepreneurship training for the youth.  These initiatives aim to equip the next generation with the skills and opportunities needed to thrive in a rapidly changing world.

The Improvement Society of Nigeria is a leading Society in The African Church  committed to fostering relationship and enhancing the quality of life for all members of the Church.

Publicity Secretary -General

Ms. Abosede Adegboyega

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