Renowned singer Joseph Akinfenwa Donus, better known as Joeboy, has revealed his intention to keep his girlfriend’s identity a secret, allowing people to speculate about her.
He disclosed their three-year relationship in a recent interview with The Beat 99.9 FM, Lagos, expressing his plan to propose when the time is right.
Emphasizing that he values his girlfriend’s understanding nature, Joeboy assured there is no rush to unveil her identity, leaving everyone intrigued.
In the vibrant landscape of Nigerian cinema, Venita Akpofure is establishing herself as the reigning queen of the big screen. With a career spanning over a decade, Venita has seamlessly navigated her way through the industry.
As February 2024 unfolds, Venita Akpofure has already graced the screens in two cinema releases: “The Silent Intruder” and “All’s Fair in Love.” Now, she eagerly anticipates her upcoming role in another cinematic masterpiece slated for release on March 8th, 2024, titled “Insecure,” distributed by FilmOne Nigeria.
With each new project, anticipation mounts as Venita Akpofure gears up for her next cinematic venture. While her specific role in “Insecure” remains shrouded in mystery, fans are eagerly awaiting her performance. Save the date for this highly anticipated release.
Venita Akpofure’s journey from reality TV fame to reigning Cinema Queen is a testament to her unwavering talent and dedication. As her star continues to ascend, audiences eagerly anticipate what she will bring to the silver screen next.
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In a remarkable career transition, reality star turned actor, Ijeoma Josephina Otabor, popularly known as Phyna, is making waves in the Nigerian film industry. From gracing our screens as a reality TV personality, she has now secured a pivotal role in the highly anticipated return of the iconic movie franchise, ‘Isakaba.’
Phyna’s journey from reality television to the silver screen has been nothing short of inspiring. While many might have dismissed her as just another waka pass actor, she has defied expectations and proven her mettle.
In December 2023, Phyna made a significant impact with her performances in three distinct movies: ‘Shattered Innocence,’ ‘Osato,’ and ‘Ada Omo Daddy’
Now, as we step into 2024, Phyna is gearing up for her most challenging role yet. She is set to feature in the upcoming ‘Isakaba’ movie, not as a mere supporting character but as one of the main leads. The anticipation surrounding her performance is palpable.
Fans and industry insiders alike are eager to witness Phyna’s transformation from reality star to a force to be reckoned with in Nollywood. Her dedication, passion, and commitment to her craft have earned her this well-deserved opportunity.
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Yesterday, during an extraordinary Instagram Live session, popular Nigerian actress and philanthropist, @toyin_abraham, demonstrated remarkable generosity that will forever be etched in the hearts of her fans. In a mere 15 minutes, she transformed the life of Adams Ibukun Rita, one of her devoted followers, into that of a millionaire.
As the virtual audience watched in awe, Toyin Abraham announced her account number.
With grace and warmth, Adams Ibukun Rita a staggering 2,150,000 naira donations from Toyin Abraham fans. The unexpected windfall left Adams speechless, tears streaming down her face as she expressed her gratitude.
The impact of this act of kindness extends far beyond the monetary value. Adams Ibukun Rita, now a millionaire, has newfound opportunities and possibilities.
Toyin Abraham’s fans flooded social media with messages of admiration and appreciation. Her selflessness serves as a beacon of hope, reminding us all that acts of kindness can create ripples of positivity.
To Toyin Abraham, we say: “You will not lack.” Her legacy of compassion and benevolence will continue to inspire generations to come.
Yesterday during an extraordinary Instagram Live giveaway, @toyin_abraham1 swiftly turned Adams Ibukun Rita, one of her fans, into a millionaire in just 15 minutes. She did not only demonstrated remarkable generosity but also raised a substantial sum of 2,150,000 naira, leaving a… https://t.co/lfbNQuy63g pic.twitter.com/9110dT1CSX
— Hon. Lagos Landlord & Osun, Kwara Tenant🇳🇬 🇬🇭 (@_chiefagbabiaka) February 16, 2024
The Nigerian stock exchange continued its positive trading trend, marking a second consecutive day of gains, with an impressive N329bn increase.
The All-Share Index and market capitalization saw a 0.58% rise, closing at 104,100 points and N56.961tn, respectively, pushing the year-to-date gain to an impressive 39.22%.
Despite this positive momentum, market breadth reflected a negative sentiment, with 24 gainers and 27 losers by the end of the trading session.
Notable contributors to the All-Share Index’s upward movement included University Press (9.96%), Juli Plc (9.84%), Mutual Benefits Assurance (9.38%), Daar Communications (8.82%), and Honeywell Flour Mill (7.50%).
Sub-sector performance showed positivity, with the insurance, consumer goods, and industrial goods indices rising by 0.18%, 0.22%, and 1.95%, respectively.
On the flip side, the banking index declined by 1.32%, while the oil and gas sector experienced lackluster performance.
Despite the ASI’s rise, trading activities on the NGX were subdued compared to the previous day, with the total traded value dropping by 42.89% to N6.91bn.
The volume of traded equities also fell by 33.35% to 284.49 million units, accompanied by a 5.62% decrease in the number of deals to 8,168.
Major decliners included Unilever, Julius Berger, and Morison, which lost 9.80%, 9.64%, and 9.60%, respectively.
Guaranty Trust Holding Company emerged as the most traded security in terms of both volume and value, with 56.61 million units worth N2.22bn changing hands in 326 deals.
The Nigerian capital market community expressed condolences by visiting the families of the late Abimbola Ogunbanjo, former Chairman of the Nigerian Exchange Group, and Herbert Wigwe, the late Group Chief Executive Officer of Access Holdings. The tragic helicopter crash in the US claimed their lives.
A statement from the Nigerian Exchange Limited revealed that the delegation, led by NGX Group Chairman Dr Umaru Kwairanga, included representatives from the Chartered Institute of Stockbrokers, Association of Dealing Houses of Nigeria, Central Securities Clearing System Plc, and NG Clearing, along with key stakeholders.
During the visit to Ogunbanjo’s home, Kwairanga highlighted the deceased’s impactful leadership in the capital market, emphasizing his kindness and humility.
Temi Popoola, the Group CEO-designate of NGX Group, acknowledged Ogunbanjo’s significant contributions to the Nigerian capital market.
At Wigwe’s parents’ home, Kwairanga stressed the importance of carrying on and actualizing the late Access Holdings GCEO’s dreams.
Aigboje Aig-Imokhuede, Chairman of Coronation Group, expressed gratitude for the acknowledgment of Wigwe’s contributions and pledged to uphold his legacy.
The outgoing Group CEO of NGX, Oscar Onyema, expressed deep sorrow, acknowledging the painful loss and offering condolences to the grieving family.
The Kaduna Electricity Distribution Company has declared a 10% salary hike for its employees, despite grappling with a N110bn debt and other challenges.
The Nigerian Electricity Regulatory Commission dissolved the board in January due to the debt.
Umar Hashidu, appointed as the administrator, announced the salary increase as a strategic move to motivate staff and improve overall company performance.
Hashidu acknowledged the industry’s precarious state, urging collective efforts to overcome challenges.
Former MD Yusuf Yahaya had resigned before the board dissolution.
The Senate has emphasized that Nigerians, through their representatives, will decide on the adoption of state and local policing and the type of government structure.
According to Senate spokesperson Yemi Adaramodu, the Senate is committed to reflecting the views of the people.
President Bola Tinubu’s meeting with state governors aimed to establish state and community police systems, addressing security challenges.
The Senate has formed a Constitution Review committee to engage stakeholders and incorporate Nigerians’ opinions into legislative decisions, emphasizing the importance of public input in shaping laws.
Adaramodu clarified that Nigerians would determine the system of government, dismissing the idea of adopting the parliamentary system without considering public preferences.
The House of Representatives, presenting bills for constitutional amendments, seeks input from Nigerians to shape discussions on the proposed parliamentary system.
While some lawmakers support the shift, others like Oluwole Oke express concerns about potential complexities, regionalism, and the impact on federalism.
Constitutional lawyer Mike Ozekhome sees the proposed shift to a parliamentary system as a positive move, emphasizing its cost-effectiveness and accountability compared to the current presidential system.
However, Senior Advocate of Nigeria Kayode Ajulo notes the significant constitutional implications, urging careful consideration of the potential changes in governance structure and the balance of powers among branches.
Deputy Spokesman Philip Agbese urges caution regarding state police adoption, citing concerns about potential anarchy and political misuse of such power.
He advocates for a thorough constitutional amendment before considering this drastic step to avoid exacerbating existing challenges.
The naira experienced a renewed decline in both the official and parallel foreign exchange markets on Friday.
The national currency depreciated to N1,670/$ from the previous day’s N1,600/$ at the parallel market, while the official rate closed at N1,537/$, up from N1,498/$.
This widening gap of N133 between the official and parallel markets raised concerns about potential round-tripping activities.
Despite efforts to boost forex supply, including a total transaction volume of $3.83bn in eleven days through the Nigerian Autonomous Foreign Exchange, the rates indicate challenges persist.
Commercial banks, CBN, and international oil firms were major sellers at NAFEM.
The liquidity improvement at NAFEM followed the CBN’s directive for banks to sell excess dollar stock.
However, the gap between official and parallel market rates is increasing, prompting worries about the resurgence of roundtripping.
Despite these challenges, the Central Bank Governor, Olayemi Cardoso, confirmed positive results in FX transactions.
Recent reforms aimed at enhancing liquidity were acknowledged, but concerns about the growing gap between market rates persist.
In response to the CBN’s circular, banking institutions and IMTOs are adjusting operations.
The revised remittance framework is expected to stimulate increased remittance inflows and boost the country’s foreign exchange reserves.
On the official FX market, the naira started at an all-time low of N1,534/$, impacting the prices of goods and services.
While the naira gained marginally on Tuesday, it closed the week at N1,537/$.
In the parallel market, the naira depreciated to N1,670 on Friday, reflecting strong demand for dollars.
Speculators and individuals traveling for business, tourism, education, and health were cited as contributing to the increased demand.
Bureau De Change operators noted a consistent rise, with the dollar approaching N1,700. Despite starting at N1,610 on Friday, it briefly surged to N1,680 due to market demand.
The President of NACCIMA, Dele Oye, urged the government to address naira devaluation and inflation.
A stable currency is essential for affordable agricultural inputs and increased consumer purchasing power.
Oye commended efforts to boost local food production but emphasized the multifaceted issue of rising food costs, including the impact of the depreciating value of the naira.
He appealed for enhanced security and infrastructure in farming communities to mitigate risks faced by farmers and increase efficiency in the agricultural value chain.
The plea comes amid a protracted inflationary pressure and exchange rate crisis in the Nigerian economy, with January 2024 recording an inflation rate of 29.90 percent.
The Nigeria Labour Congress has announced its readiness to conduct a two-day nationwide protest on February 27 and February 28, 2024.
The decision, disclosed by NLC’s National President, Joe Ajaero, comes a week after the expiration of a 14-day ultimatum issued to the Federal Government, set to end on February 23.
Ajaero emphasized the urgency during a press briefing in Abuja, following an emergency National Executive Council meeting addressing economic concerns and insecurity matters.
The protest stems from the government’s alleged failure to meet demands ranging from wage increases to enhanced access to public utilities.
The NLC urges the Federal Government to adhere to the ultimatum, expressing concern over the impact of reforms on millions of workers, including heightened inflation and insecurity following recent policy changes.
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