Author: Ifetayo Adeniyi

States to earn more naira after exchange rate reform Weakening naira should reflect true market realities – VP Osinbajo The VP’s media aide further noted thus, “for context, the vice president’s point was that the naira exchange rate benefits only those who can obtain the dollar at N410/$1, some of who simply turn round to sell to the parallel market at N570/$1. Disbursement from the Federation Account Allocation Committee (FAAC) to the federal, state and local governments will rise on the back of the FX unification move, according to experts. On Wednesday, June 14, the Central Bank of…

“How Kcee Accommodated, Fed Me For Two Years” – Iyanya Popular singer, Iyanya Onoyom Mbuk, better known as Iyanya, has recounted how his colleague, Kcee allowed him to stay under his roof for two years. The ‘Kukere’ crooner disclosed this during a recent interview with Naija FM 102.7, Lagos. He also noted that it was also Kcee that bought him his first flight ticket when he could not afford it. Speaking about the person with better dancing skills, Iyanya stated that Kcee was a better dancer than him. He said, “Kcee was the person who bought me my first [flight]…

TINUBU RETIRES ALL SERVICE CHIEFS, IGP, ADVISERS, COMPTROLLER GENERAL OF CUSTOMS, APPOINTS NEW ONES President Bola Ahmed Tinubu, GCFR, has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from Service as well as their replacements with immediate effect. A release from the office of the Secretary to the Government of the Federation states that the newly appointed Officers are: S/N NAME APPOINTMENTS 1 Mallam Nuhu Ribadu National Security Adviser 2 Maj. Gen. C.G Musa Chief of Defence Staff 3 Maj. T. A Lagbaja Chief of Army Staff 4 Rear Admirral E.…

Hilda Baci Receives Guinness World Record Plaque Nigerian chef and Guinness World Record holder for marathon cooking, Hilda Effiong Bassey, aka Hilda Baci, has announced the arrival of her award plaque. Baci revealed this in a post on her Instagram page on Monday. She was certified as the new record holder for the longest cooking by an individual with 93 hours and 11 minutes. In the video, she received the award plaque packaged in a box and delivered by a dispatch rider. She simply wrote, “Our plaque is here 😆😆😆😆😆#guinnessworldrecords.” Credit: Instagram | hildabaci …

South Africa’s Rupert overtakes Dangote as Africa’s richest man South African businessman, Johann Rupert has taken over from Nigeria’s Aliko Dangote, as Africa’s richest man, following the Central Bank of Nigeria (CBN’s) depreciation of the Naira. ASHENEWS earlier reported that the President of the Dangote Group, lost $3.12 billion fortune to the devaluation of Nigeria’s currency. According to Forbes Magazine in its Real-time global Billionaires Ranking, while Rupert, the chairman of Swiss-based luxury goods company, Richemont, and South Africa-based company, Remgro, currently boasts of a $12 billion net worth, Dangote’s net worth is put at $10.8 billion. Rupert took…

3 millennials tell us what fatherhood is like for them Here’s how three millennials are coping with fatherhood. Millennials tells us about fatherhood [GettyImages] Being a father is a unique experience. We asked young millennial fathers how they feel about being fathers, how they felt when they saw their child and how they are coping with the challenges of fatherhood. Here was their reply: Dayo, 28 “When my son was born, I felt good, really good. I felt responsible all of a sudden. I was also full of admiration for my wife, women dey try abeg. “Fatherhood…

Marketers explain reasons cooking gas prices continue to fall NAN survey in Lagos indicated that the price of cooking gas is trending downwards to N8,700 currently from N10,500 in April and May Former President, Nigeria Liquefied Petroleum Gas Association (NLPGA), Nuhu Yakubu, has attributed the decrease in the retail price of cooking gas in the country to the fall in price of the product at the international market. Yakubu said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos, against the backdrop of reduction in price of Liquefied Petroleum Gas (LPG)…

Nuhu Ribadu and NSA’s Statutory Mandates Recently when President Bola Ahmed Tinubu announced his Special Advisers and named Mallam Nuhu Ribadu as the adviser on security, many were confused if this designation would be the same as that of the National Security Adviser (NSA). In my previous article entitled, ‘The person needed as President Tinubu’s NSA,’ I mentioned that while most past holders of the position were retired Army officers, national security issues are actually beyond the exclusive ken of the military. Security has evolved to largely encompass developmental issues, which now involves more holistic approaches that could…

Sola Sobowale Bags Honourary Doctorate Degree From Estam University (Photos) Nollywood veteran actress Sola Sobowale is now a Doctor of Philosophy as she bags honourary doctorate degree from Estam University. Taking to social media, Sola Sobowale broke the good news as she announced that she has stepped into a new dispensation as she is now a Doctor. She went on to express her gratitude to Estam University as she dropped super cute snaps of herself receiving the degree with others. Over the years, the screen goddess has become a source of inspiration to a lot of young actors out…

Osimhen Hits Brace As Super Eagles Fly Past Leone Stars To Book AFCON Victor James Osimhen of Nigeria during the 2019 Africa Cup of Nations Finals, 3rd and 4th place match between Tunisia and Nigeria at Al Salam Stadium, Cairo, Egypt on 17 July 2019 ©Samuel Shivambu/BackpagePix Red-hot Victor Osimhen grabbed a brace on Sunday as the Super Eagles of Nigeria beat the Leone Stars of Sierra Leone 3-2 to qualify for next year’s African Nations Cup (AFCON) tournament in Cote d Ivoire with a game to spare. The match, which was played in Liberia, saw the…