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Access Holdings, Art X Collective To Inspire Africa’s Emerging Talent With The Access Art X Prize 2023

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Access Holdings, a trailblazing financial institution, and ART X Collective, a leading cultural enterprise, have announced commencement of the highly anticipated entry call for the Access ART X Prize 2023.

The applications, which became open to the public on Wednesday, September 20, 2023 will run through Wednesday, October 18, 2023. Entries will be exclusively available for submission at ARTXLAGOS.COM/PRIZE. Through the 2023 edition, ART X Collective and Access Holdings will be empowering emerging artists by selecting two outstanding talents, each receiving a healthy $10,000 grant towards an exhibition at ART X Lagos 2024.

Aimed at fostering creativity and elevating emerging talent across Africa, the transformative opportunity will see the Nigerian winner embark on a 3-month residency at Gasworks, London, while the African/Diasporan winner will participate in a 3-month residency at Yinka Shonibare’s GAS Foundation in Lagos. Both recipients will also receive personalised mentorship support, a hallmark of the partners’ shared commitment to nurturing artistic growth, and providing an invaluable opportunity for cultural exchange.

Speaking on the initiative’s essence, Herbert Wigwe, Group Managing Director of Access Holdings Plc, said, “Access Holdings is proud to, once again, champion the Access ART X Prize, a beacon of support for emerging African artists. We believe in the transformative power of art to shape culture, foster diversity, drive meaningful change, and influence the global perception of our continent.

“The Access ART X Prize is, however, not just about recognising talent; it is about empowering the next generation of African artists to tell their stories and inspire the world. Through this initiative, we reaffirm our commitment to nurturing creativity and driving the growth of the African art industry, fostering a brighter, more inclusive future for all,” Wigwe added.

Since its inception in 2016, the Access ART X Prize has illuminated the paths of early career artists, providing them with diverse opportunities to showcase their talents. In a watershed moment last year, the Access ART X Prize transcended its Nigerian roots and expanded its horizons to encompass early-career artists from across the African continent and its diaspora. This groundbreaking move was inspired by a profound dedication to fostering inclusivity and diversity within the African art scene as well as facilitating cross-cultural exchange. The result was a celebration of remarkable talent, with the 2022 Access ART X Prize proudly awarded to two exceptional talents: Dafe Oboro (Nigerian Prize-winner) and Belinda Kazeem-Kamiński (Africa/Diaspora Prize-winner).

The rigorous evaluation process for submissions by early-career artists is overseen by a distinguished panel of renowned artists and cultural practitioners. These experts will be assessing creativity, originality, and technical skill with meticulous care, ensuring that the most exceptional talents rise to the top.

The Access ART X Prize 2023 will be judged by an esteemed jury which includes Babajide Adeniyi-Jones (Photographer), Barthélémy Toguo (Artist), Daudi Karungi (Founder, Afriart Gallery), Emeka Ogboh (Artist), Gabi Ngcobo (Artist and Curatorial Director, University of Pretoria), and Yesomi Umolu (Director of Curatorial Affairs and Public Practice, Serpentine Galleries). The curator of the 2023 edition is the highly regarded Jumoke Sanwo.

Tokini Peterside-Schwebig, Founder and CEO of ART X Collective said:

“We are honoured to have such a diverse and experienced jury for the Access ART X Prize 2023. Their expertise and perspectives will ensure a fair and comprehensive evaluation of the submissions, ultimately bolstering this exceptional platform for early career artists to showcase their work and engage in meaningful dialogue with the global art community.

We are proud of our contribution to the visual art landscape across Nigeria, Africa and the Diaspora, over the past seven years, and remain steadfast in our commitment to propel our artists forward, to live out their potential as narrative changemakers for our continent and for its culture. Through the creation and production of initiatives such as the Access ART X Prize, and our flagship art fair, ART X Lagos, our organisation seeks consistently to champion the redefinition of the narrative about our continent, and its people.

We would like to thank Access Holdings, which has consistently stood with us as we have strived to promote and elevate the next generation of African artists. Their commitment to fostering creativity and providing pivotal opportunities for artists, is invaluable in driving the growth and development of the African art industry.”

For more information on the Access ART X Prize, please visit ARTXLAGOS.COM/PRIZE

About Access Holdings Plc

Access Holdings Plc is a leading multinational financial services group that offers commercial banking, lending, payment, insurance, and asset management services. Headquartered in Lagos, Nigeria, Access Holdings operates through a network of more than 700 branches and service outlets, spanning three continents, 19 countries, and 60+ million customers.

Access transitioned into a holding company to drive rapid growth and become a full-scale ecosystem player offering interconnected services across customer needs. Established in 2022, Access Holdings Plc consists of the Access Bank Group; Access Pensions; a Payment and Switching Services Company; a Digital Lending Company, and an Insurance Brokerage Company. The banking vertical serves its various markets through four business segments: Retail, Business, Commercial and Corporate, and has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last eighteen years, becoming one of Africa’s largest retail banks by customer base and Sub-Saharan Africa’s largest bank by total assets.

Access Holdings strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.

About ART X Collective

ART X Collective creates platforms and experiences that celebrate, leverage and amplify Africa’s culture. Working closely with exceptional creatives and cultural entrepreneurs, the company seeks to develop energised, empowered and evolving identities for Africa through culture, taking inspiration from its homes – Lagos, Nigeria and Africa. The company was created by Tokini Peterside-Schwebig and its flagship platforms include: ART X Lagos – the leading international art fair in West Africa; the ART X Prize – an annual award for emerging artists in Africa and its Diaspora; and ART X Live! – a dynamic launchpad and accelerator for Africa’s fastest-rising musicians and visual artists.

BIG STORY

JUST IN: Nigeria’s Inflation Rate Rises To 33.8% As Food Prices’ Surge Continues

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The National Bureau of Statistics (NBS) reports that Nigeria’s inflation rate reached 33.88 percent in October, up from 32.7 percent in September.

This data is outlined in the NBS’ latest consumer price index (CPI) report for October, published on Friday.

The CPI tracks the rate of change in the prices of goods and services.

According to the NBS, the headline inflation rate in October increased by “1.18% points when compared to the September 2024 headline inflation rate.”

“On a year-on-year basis, the Headline inflation rate was 6.55% points higher than the rate recorded in October 2023 (27.33%),” the NBS stated.

“This indicates that the Headline inflation rate (on a year-on-year basis) increased in October 2024 compared to the same month in the previous year (i.e., October 2023).”

“Additionally, on a month-on-month basis, the headline inflation rate in October 2024 was 2.64%, which was 0.12% higher than the rate recorded in September 2024 (2.52%).”

“This means that in October 2024, the rate of increase in the average price level was higher than the rate of increase in the average price level in September 2024.”

  • ‘INCREASE IN RICE, YAM PUSHED FOOD INFLATION RATE TO 39.16%’

The NBS also revealed that the food inflation rate in October soared to 39.16 percent, up from 33.77 percent in September.

On a year-on-year basis, the food inflation rate was 7.64 percent higher compared to the rate recorded in October 2023 (31.52 percent).

“The rise in food inflation on a year-on-year basis was driven by increases in prices of items such as guinea corn, rice, maize grains, etc. (Bread and Cereals Class), Yam, Water Yam, Coco Yam, etc. (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable Oil, etc. (Oil and Fats Class), and Milo Lipton, Bourvita, etc. (Coffee, Tea & Cocoa Class),” the bureau explained.

The report also highlighted that the month-on-month food inflation rate in October was 2.94 percent, showing an increase of 0.3 percent compared to the 2.64 percent recorded in September.

“The rise can be attributed to the rate of increase in the average prices of Palm Oil, Vegetable oil, etc. (Oil & Fats Class), Mudfish, Croaker (Apo), Fresh fish (Obokun), etc. (Fish Class), Dried Beef, Goat Meat, Mutton, Skin meat, etc. (Meat Class), and Bread, Guinea Corn flour, Plantain flour, Rice, etc. (Bread and Cereals Class),” the NBS added.

“The average annual rate of food inflation for the twelve months ending October 2024, compared to the previous twelve-month average, was 38.12%, an 11.79% point increase from the average annual rate of change recorded in October 2023 (26.33%).”

The report also noted that Sokoto state (52.18 percent), Edo (46.55 percent), and Borno (45.85 percent) experienced the highest food inflation in October, while Kwara (31.68 percent), Kogi (33.30 percent), and Rivers (33.87 percent) recorded the slowest increases in food inflation on a year-on-year basis.

In terms of month-on-month food inflation, Adamawa (5.08 percent), Sokoto (4.86 percent), and Yobe (4.34 percent) states had the highest rates.

According to the NBS, states such as Kwara (1.11 percent), Ondo (1.31 percent), and Kogi (1.50 percent) had the slowest rise in food inflation in October 2024.

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BIG STORY

Blackmailing Of GTCO, CEO: Court Constrained To Grant Bloggers Bail Due To History Of Being Serial Offenders

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Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of the four bloggers charged with defaming and cyberstalking the management of GTCO (Guaranty Trust Holding Company), including its Group CEO, Mr. Segun Agbaje.

The four accused—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—are facing 10 amended charges for allegedly publishing false information about the company through various social media platforms.

At the resumed hearing of the matter on the 13th and 14th of November, Justice Faji also dismissed the bail applications, citing the serious nature of the alleged offences, which include charges that could lead to up to 14 years in prison.

The judge also held that one of the defendants – Precious Eze has shown the tendency to commit a similar offence again if let out as he is currently charged with a similar offence in another court and was only on bail when he went ahead to commit the alleged offence for which he is now standing trial.

Justice Faaji also highlighted the potentially destabilizing impact such actions could have on the banking sector, particularly since some of the charges involve cross-border activities on the Internet.

The defense counsel, Afolabi Adeniyi, had at the last hearing of the matter while moving an application for bail for the accused persons argued that the defendants should be granted bail on liberal terms, emphasizing that the charges were bailable and that the accused were willing to face trial.

Opposing the application, the prosecution Counsel, Chief Aribisala, SAN, urged the court to reject the bail request, highlighting the risk of the defendants absconding and stressing the need for an expedited trial.

In delivering his ruling, Justice Faji not only denied bail but also ordered an accelerated trial, underlining the gravity of the charges.

He also noted that the defendants’ actions challenged the authority of regulatory bodies, including the Central Bank of Nigeria (CBN), which had approved GTCO’s audited statements.

The matter has been adjourned until the 10th and 12th of December for continuation of the trial.

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UPDATE: Friends Of Late Band Boy Insist “Overnight Beating” Led To His Demise, Not Suicide [VIDEOS]

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Friends and acquaintances of the late 26-year-old Lagos-based guitarist, Lekan, have raised new concerns regarding the circumstances of his tragic death, claiming that it was the severe beating he endured, rather than suicide, that ultimately led to his passing.

Lekan was found lifeless inside his room after allegedly consuming an insecticide liquid, sniper, following accusations of stealing money from his band leader, Sam Omo-Oba.

While initial reports suggested that Lekan took his own life in the wake of the allegations, his friends believe the brutal torture he faced at the hands of his boss is to blame for his untimely death.

According to a close friend of the deceased, who spoke in a video by a social media personality “Dr. Oyinlomo Diamond”, the beating began late at night and continued throughout the following morning.

A friend of the late guitarist also mentioned that there was no Snipper in the room where Lekan was found dead.

Recall that in a video that circulated on social media, Lekan is seen denying the theft allegations while being repeatedly slapped and punched by Sam Omo-Oba and other members of the band.

Despite the physical assault, Lekan maintained his innocence, but it appeared that the torture only intensified after his refusal to confess.

 

See videos below:

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