Beauty Queen “Beauty Tukura” indeed looks good in just about anything. But when it comes to posing for a photoshoot, the reality star proves time and again that you can be comfortable, fun, or even tell a beautiful story without uttering words.
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Nigerian artist Timaya, born Inetimi Alfred Timaya Odon, asserts that Nigerian awards lack credibility.
In light of the 66th Grammys where Nigerian nominees were overlooked, Timaya, in an interview with The Beat 99.9 FM, contends that local awards like the Hip-hop and Hip TV awards (The Headies) are even less credible than the Grammys.
He emphasizes the need for a credible homegrown award and stands firm on the significance of the Grammys despite recent setbacks for Nigerian artists.
Four women and two men faced charges in a Tinubu Chief Magistrates’ Court, accused of assaulting and blackmailing the renowned Nollywood actress, Lizzy Anjorin-Lawal.
The police charged Qudus Jokogbola, Siri Olawale, Edu Shakirat, Fausat Mohammed, Kafayat Ahmed, and Opere Morenike with conspiracy, breach of peace, and causing bodily harm.
According to Inspector Samuel Isholla, the defendants and two others at large committed the alleged offenses on February 5, 2024, around 1:30 p.m. at Oba Akintoye Market, Lagos Island, Lagos State.
Counsel to the defendants, S. Ade Oshodi, and Ademola Olabiyi, announced their appearance for the defendants and nominal complainant’s lawyer, respectively.
Isholla informed the court that the defendants conspired and forcefully attacked Anjorin-Lawal, causing bodily injuries and a breach of public peace.
The prosecutor detailed that the charges against the defendants contravened sections 168(d), 170(b) 411, and 413(2) of the Criminal Laws of Lagos State, 2015, with Section 413(2) stipulating a two-year jail term for causing injury or harm.
Despite the not guilty pleas, Oshodi requested bail for his clients, emphasizing they were market men and women.
The prosecutor suggested bail be granted at the court’s discretion, with terms ensuring their court attendance.
Magistrate A.A Paul granted each defendant bail at N200,000, with one surety in a like sum. The sureties must be Lagos State residents with evidence of tax payment, among other conditions.
The defendants were ordered to be remanded in the custody of the Nigerian Correctional Services until they meet their bail terms.
The case was adjourned until March 11 for mention.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the apex bank will cease providing Ways and Means to the Federal Government until prior loans are settled, as part of measures to address the ongoing economic challenges.
This decision, disclosed during a meeting with the Senate Committees on Finance, Appropriations, Banking, Insurance, and Other Financial Institutions, aims to curb inflationary pressures.
Cardoso emphasized the importance of adhering to the law, citing Section 38 of the CBN Act (2007), restricting further Ways and Means advances until the outstanding balance as of December 31, 2023, is fully repaid.
He highlighted the cessation of quasi-fiscal measures and commended fiscal authorities for discontinuing Ways and Means advances.
The CBN governor underscored the adoption of an inflation-targeting framework, expressing optimism that these measures, coupled with collaboration with fiscal authorities, would lead to price stability, potentially lowering policy rates, stimulating investment, and creating job opportunities.
Cardoso acknowledged early signs of success, with significant foreign exchange inflows, such as the recent oversubscription of the Nigeria Treasury Bill auction.
He urged moderation in the demand for foreign exchange to sustain these positive outcomes.
Addressing the Naira’s depreciation, Cardoso advised Nigerians to reduce their quest for dollars and foreign goods consumption.
He stressed the need for a collective effort to stabilize the exchange rate, outlining comprehensive strategies to enhance liquidity in the foreign exchange markets.
Cardoso assured Senators that inflationary pressures are expected to decline in 2024, targeting a rate of 21.4 percent, aided by improved agricultural productivity and global supply chain easing.
The economic team, including the Ministers of Finance, Budget and National Planning, and Agriculture, provided additional insights in response to Senators’ questions on the state of the economy.
Senators raised concerns about the $3.3 billion loan for Naira rescue and called for a forensic investigation into past transactions and the bank’s compliance.
Senator Adetokunbo Abiru emphasized the need for special measures to address inflation and support critical sectors like agriculture and manufacturing.
He also urged the CBN governor to provide the committee with an audited account of the apex bank and its budget.
Senator Orji Uzor Kalu called for the ban of dollar use in Nigeria and urged swift action to strengthen the Naira.
He emphasized the importance of holding those who defaulted on documents accountable, addressing the concerns of the Nigerian Labour Congress and Trade Union Congress.
In response, the CBN governor outlined ongoing efforts, including liquidity-enhancing strategies, inflation-targeting policies, and measures to promote the Naira’s stability.
He acknowledged the challenges but assured Senators of the CBN’s commitment to addressing them in collaboration with relevant stakeholders.
Vice President Kashim Shettima is set to lead a delegation from the Federal Government to the 2023 African Cup of Nations (AFCON) final this Sunday, where the Super Eagles will face hosts, Côte d’Ivoire, in their pursuit of continental glory.
Following his representation of President Bola Tinubu at the semifinals, where Nigeria emerged victorious against South Africa, Shettima is returning to Abidjan for the title decider.
In a statement released on Saturday by Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications, it was emphasized that President Bola Ahmed Tinubu recognizes the unifying power of football.
Tinubu believes Shettima’s presence at the finals, accompanied by the delegation, underscores the government’s steadfast support for the Super Eagles and its commitment to their success.
The Federal Government is urging all Nigerians, both at home and abroad, to come together in support of the Super Eagles.
They are encouraged to raise their voices in support, creating a wave of national pride to propel the team to glory.
The statement notes that football, with its unifying force, plays a significant role in fostering national pride and unity.
After defeating South Africa 4-2 in penalties, the Super Eagles are vying for their fourth AFCON trophy since their last triumph in 2013.
The Economic and Financial Crimes Commission (EFCC) has issued a declaration of wanted status for Margaret Emefiele, wife of former Central Bank of Nigeria Governor Godwin Emefiele, along with three others – Eric Odoh, Anita Omoile, and her husband Jonathan Omoile.
They are accused of conspiring with the ex-CBN Governor in alleged money laundering activities, converting substantial amounts of government funds and committing offenses under Sections 411, 287, and 314 of the Criminal Law of Lagos State.
The EFCC disclosed details of the money laundering accusations through a late-night mugshot release.
Emefiele, Odoh, and the Omoile couple are sought for economic and financial crimes, urging anyone with information on their whereabouts to contact the EFCC or the nearest police station.
Additionally, an EFCC document revealed that the former CBN Governor, Godwin Emefiele, faces prosecution for ₦1.8bn and $6.2m fraud.
The government has amended charges against him, accusing him of impersonating the Secretary to the Government of the Federation and illegally obtaining $6.2m.
The amended charge alleges that Emefiele, in collaboration with Odoh Ocheme, sought the funds from the CBN, falsely claiming it was at the SGF’s request.
Further accusations include forgery of a document and conferring corrupt advantages by awarding a renovation contract for the CBN Governor’s residence to his wife and brother-in-law.
These allegations are detailed in a total of 20 counts against Emefiele, with the trial ongoing.
Renowned actor Kareem Adepoju, widely known as Baba Wande, expresses his joy at being part of the reimagining of the iconic Yoruba movie, ‘Ti Oluwa Ni Ile,’ now revitalized on stage in the new production titled ‘Asiyanbi: Ti Oluwa Nile.’ Originally authored by Baba Wande, ‘Ti Oluwa Ni Ile’ evolved into a three-part film under the skilled direction of cinematographer Tunde Kelani.
Baba Wande, the creator of the story, commends the producers for their innovative approach to this historical project.
Despite owning the narrative, he appreciates the opportunity to contribute and fully supports the play’s revival by the international cultural organization, Aroogba Groove.
The executive producer, Dotun Taylor, undertook the project to preserve the essence and cultural significance of the original movies while injecting a fresh perspective for the stage adaptation.
Directed by Ropo Ewenla and written by Shola Balogun, the play boasts a stellar cast including Aisha Lawal, Baba Kamo, Dele Omo Woli, Mummy G.O, Baba Alariya, Ozain, Iya Mufu, Layi Wasabi, Yaw, Lekan Kingkong, and Jude Chukwuka.
On Tuesday, Spotify, the music streaming giant, proudly declared that it surpassed 600 million monthly users by the end of 2023, anticipating a profitable first quarter of 2024.
Daniel Ek, the CEO, expressed enthusiasm, stating that Spotify had a robust quarter, capping off a phenomenal year marked by remarkable growth.
As of the conclusion of 2023, the platform boasted 602 million monthly active users, reflecting a substantial 23% increase compared to the previous year.
Additionally, paying subscribers, a pivotal source of revenue, experienced a 15% surge, reaching 236 million.
Despite an operating loss of 446 million euros in 2023, the company showed improvement from the 659 million euros loss in 2022.
Notably, Spotify, a dominant force in the online music market, has yet to achieve a full-year net profit, occasionally achieving quarterly profits.
In an effort to reduce costs, Spotify announced a staff reduction of approximately 17% in December 2023, following earlier cuts in January and June of the same year.
The company, listed on the New York Stock Exchange, responded to market trends by raising prices for premium subscribers in July, aligning with similar moves by competitors like Apple and Amazon.
Spotify’s strategic investments in market expansion and exclusive content, such as podcasts, have contributed to its sustained growth.
Recently renewing a deal with Joe Rogan for his chart-topping podcast, the company projects reaching 618 million monthly active users and achieving an operating profit of 180 million euros in the first quarter of 2024.
President Bola Tinubu has officially endorsed the Electricity Act (Amendment) Bill, 2024, into law, as disclosed by his Special Adviser on Media and Publicity, Ajuri Ngelale, in a statement released on Friday titled ‘President Tinubu assents to Electricity Act (amendment) bill.’
The comprehensive legislation, passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, addresses crucial issues such as the development and environmental concerns of host communities.
Notably, it allocates five percent of the actual annual operating expenditures of power generating companies from the preceding year for the development of their respective host communities, a significant step in fostering community development.
Spearheaded by Babajimi Benson, who represents Ikorodu Federal Constituency of Lagos State, the bill also outlines a meticulous process for the management and administration of the allocated funds.
Specifically, a reputable Trustee/Manager will be jointly appointed by the respective power generation companies (GENCO) and their host communities to oversee infrastructure development in the designated areas.
Vice President Kashim Shettima, in a meeting with the Super Eagles following their victorious match against South Africa’s Bafana Bafana, assured the team of rewards from the Federal Government, acknowledging their dedication and commitment.
The promise was made in the dressing room after their hard-fought semi-final victory, with the VP joined by Governors Dapo Abiodun and Duoye Diri, Minister for Youths Dr. Jamila Ibrahim, oil mogul Wale Tinubu, FIFA Council member Amaju Pinnick, and NFF President Ibrahim Musa Gusau.
The Super Eagles advancing to the AFCON final after a 4-2 penalty victory over Bafana Bafana, highlighting Nigeria’s record for the highest number of AFCON semi-final appearances at 15.
President Bola Tinubu extended his congratulations to the Super Eagles for advancing to the Africa Cup of Nations final in Ivory Coast with a 4-2 penalty win against South Africa.
William Troost-Ekong’s penalty and a subsequent VAR decision leading to South Africa’s equalizing penalty marked a thrilling encounter at the Stade de la Paix.
Tinubu praised the team on Twitter, expressing pride in being Nigerian and encouraging them to succeed in the final.
Other notable figures, including Peter Obi, Lagos State Governor Babajide Sanwo-Olu, Enugu State Governor Peter Mbah, and Minister for Sports Senator John Enoh, also celebrated the team’s victory and wished them success in the upcoming final.
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