Author: Akintayo Adams

Governor Sèyí Mákindé of Oyo State, Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, His Imperial Majesty Ọọ̀ni Adéyẹyè Babátúndé Ẹnitàn Ògúnwùsì, Ojaja II, and former Presidential Aide Laolu Akande will headline the Loyola College Old Boys Association’s 70th Anniversary Lecture and celebrations. The event is scheduled for July 19, 2024, at the Nigerian Institute of International Affairs, Lagos. Mr. Edun will deliver the keynote lecture titled “Reconstructing the Nigerian Economy for Sustainable Growth and Investment,” providing insightful perspectives on initiatives to foster sustainable economic growth and investment under the current administration. The Association emphasised…

The naira depreciated against the dollar at the foreign exchange market to end the week on a negative note. FMDQ data revealed that the naira depreciated to ₦1,563.80 against the dollar on Friday from the ₦1,554.65 traded on Thursday. This represents ₦9.15 loss against the dollar at the foreign exchange market on Friday compared to ₦1,554.65 traded the previous day. Similarly, at the parallel foreign exchange market, the naira depreciated to ₦1,560 against the dollar on Friday from ₦1,550 on Thursday. The development comes as FX transaction turnover dropped to $126.50 million on Friday from $348.82 million on Thursday. Get…

Senator Bola Ahmed Tinubu, President of the Federal Republic of Nigeria has lauded the Ibadan Kingship model. The President, who was represented by Adebayo Adelabu, Minister of Power at the Coronation of the 43rd Olúbàdàn, Ọba Owólabí Olàkúlẹ́hìn said Nigeria can learn from the stability of the Ibadan monarchy and its rancour-free kingship model. “The nation remains grateful for this abiding legacy of the Olubadan dynasty, which has been a beacon of stability with its unique succession route to the throne, a tradition established since 1851. “The whole country can learn from this rancour-free lbadan kingship model. We must recognize…

Nigerian music star David Adeleke, popularly known as Davido, has launched a new social media application called Chatter. The musician announced the app’s release on his social media accounts, sharing a brief history of its development and its features, created in collaboration with a friend. The well-known Nigerian musician announced that he and his close friend Sir Banko own the app. Davido posted about Chatter, describing it as a social audiovisual utility platform that connects content creators to a lively community and helps them amplify their voices. The app’s user base extends beyond content creators, also catering to networkers and…

A Nigerian photographer, Iluyomade, experienced a life-changing moment after requesting a birthday shoutout from the famous Afrobeat singer, Olamide. Iluyomade had posted on the X platform to announce his birthday and expressed a wish for Olamide to celebrate him. To his surprise, the rapper responded with a birthday wish. But that wasn’t all – Olamide took it a step further by reaching out to Zlatan Ibile, asking him to sign Iluyomade as a model for his fashion label, ZTTW. “Today is my birthday @Olamide if it’s just a repost of this it’s will really make my day. God bless you…

Chairman of the Nigeria Governors’ Forum (NGF) and Governor of Kwara, AbdulRazaq AbdulRahman, has responded to the Supreme Court judgment granting full autonomy to Local Government Areas. He described it as a significant relief for governors. However, AbdulRahman stated that the governors will convene next week to discuss the judgment and formulate a resolution. After meeting with President Bola Tinubu at the Presidential Villa on Friday, AbdulRahman noted that many people are unaware of the burdens state governors bear, particularly in terms of financially assisting local governments. “We welcome the ruling of the Supreme Court. Compliance is a given and…

Several corps members in Ekiti State sustained injuries following the collapse of a wall in one of the hostels at the National Youth Service Corps (NYSC) orientation camp in the Ise-Emure area of the state. The incident occurred in the women’s section on Friday morning, during the three-week compulsory orientation exercise for those posted to the state. One of the sources said, “Yes, the wall of one of the female hostels collapsed this morning (Friday). It was the bathroom wall which caved in when they were planning to take their bath. “But thank God, people rushed down there to retrieve…

Oba Owólabí Akinloyè Olàkúlẹ́hìn – Ìgè Olàkúlẹ́hìn 1, made history on Friday, July 12, 2024, when the 89-year-old was crowned as the 43rd Olúbàdàn of Ìbàdànland. The new Olúbàdàn was crowned at the Lábọ́sìndẹ́ compound, the family traditionally mandated to crown every Olúbàdàn of Ibadanland. He immediately moved to Ile Osemeji at Oja Oba area of the city after his crowning as the new Olubadan. Ile Osemeji is regarded as the place where the divination on the future of Ibadan was revealed. The official presentation of the staff of office to the new Ìbàdàn monarch and other paraphernalia of office…

Justice James Omotosho of the Federal High Court in Abuja has granted bail to the former Minister of Power, Saleh Mamman, in the amount of ₦10 billion, with two sureties in like sum. While ruling on a bail application by the defendant, Justice Omotosho held that the sureties must own properties in Abuja with a minimum value of ₦750 million. The court also required that sureties submit certified land documents to the court along with a three-year tax levy. Additionally, the court mandated that the defendants submit bank statements and international passports to the court. Alternatively, the court held that…

President Bola Tinubu has named the National Arts Theatre in Iganmu, Lagos, after Nobel Laureate, Professor Olúwọlé Akinwande ‘Wole’ Soyinka. Tinubu announced this in a letter he wrote to the iconic figure in commemoration of his 90th birthday. “I am pleased to join admirers around the world in celebrating the 90th birthday of Nigeria’s iconic son and the world-renowned Professor Akinwande Oluwole Babatunde, famously known as Wole Soyinka. “Tomorrow the 13th July will be the climax of the series of local and international activities held in his honour. To underscore the global relevance of the literary giant, a symposium, along…