Ogbonge Gossiper

  Reactions to the Central Bank of Nigeria's (CBN) removal of the three commercial banks' previous boards of directors and appointment of new directors and management have remained polarized. According to certain stakeholders, the development has little to no detrimental effects on the industry. The CBN fired the management teams and board of Union Bank, Keystone, and Polaris on Wednesday, January 10, citing serious infractions of financial norms. The CBN claims that the banks' and their boards' failure to abide by the "provisions of Section 12 (c), (f), (g), and (h) of the Banks and Other Financial Institutions Act, 2020" was the reason for the dismissal. As a result, the CBN named new executive directors to lead these financial institutions on Thursday, January 11. “It is a known fact in the banking industry that those three banks were funded by a special purpose vehicle that they may not have generated from their balance sheet. It did not come ...

  Access Bank, in a groundbreaking collaboration with Asolar, has unveiled a revolutionary green energy initiative aimed at addressing Nigeria's acute power supply challenges. This strategic move is not only geared towards narrowing the electricity access gap for 85 million Nigerians but also aligns with the nation's ambitious goal of generating 30,000MW by 2030, with a substantial 3,000MW sourced from renewable energy. The initiative, showcased at the Access Bank Branch in Garki, Abuja, introduces an array of solar-powered appliances, including TV sets and Air Conditioners. This innovative approach is poised to make a significant impact on small and medium enterprises (SMEs) and rural communities that grapple with power supply constraints. Currently, Nigeria faces a glaring disparity between power supply and demand, with the existing system struggling to meet the nation's needs. Victor Etuokwu, the Deputy Managing Director of Access Bank, emphasized the pivo...

  The sudden and mysterious death of Nigerian singer and songwriter, Mohbad, has left his fans and the entire music industry in shock. Many have been left wondering what could have led to his untimely demise. The authorities have conducted an autopsy to determine the cause of death, but the results have not been made public. In this article, we will delve into the mystery surrounding Mohbad's death, and try to unravel what really killed him. The Mysterious Death of Mohbad Mohbad was a talented musician who had just started to make a name for himself in the Nigerian music industry. He had a large and dedicated fan base who were eagerly anticipating his next release. However, on the morning of his death, news broke that he had passed away in his sleep. The news sent shock waves through the music industry, and fans took to social media to express their grief and disbelief. Overview of the Autopsy Process An autopsy is a medical examination of a deceased person's body ...

 Bitter leaf is one of the many natural herbs and leaves that are useful to our skin’s condition and to every woman’s natural beauty in general, and it is one of these distinctive herbs and leaves. Bitter leaf has many benefits, including preventing skin aging and fighting free radicals. It is high in Vitamin C, calcium, zinc, iron, and copper, and its extract can help to smooth the skin and prevent many skin diseases. Bitter Leaf: How to Use It for Pimples, Dark Spots, Acne, Blackheads, and a Glowy Face 1. Use a face mask 2. Consumption of bitter leaf extract What is the best way to apply a bitter leaf face mask? 1. Cut and wash 15-20 bitterleaf leaves, then pound them in a mortar or a non-breakable bowl. 2. Lighten the bitterleaf paste with a few drops of water. 3. Apply the paste to your face, making sure the liquid gets into every crevice. 4. Allow the juice to absorb into your skin pores for 20 minutes before washing it off. 5. Use on a daily basis unt...

  There is currently panic and confusion in Ibadan, Oyo state capital, following an explosion on Tuesday evening.  A loud bang was heard and vibration was felt across several locations in Ibadan at about 7:45 p.m. The exact cause and location of the explosion are unknown at press time. Unconfirmed reports say the explosion emanated from a gas plant around the UI-Bodija axis of the city.

  In a pivotal moment for the Labor Party, Mr. Paul Agbonze Obazele took the stage to deliver an impassioned speech during a crucial meeting with the party’s Edo Central Senatorial leader, the executive committee members, women leaders, and local government area chairman  Ogbonge Gossiper reports that this gathering, marked by Mr. Obazele’s insightful address, also saw the presence of fellow Labor Party governorship aspirants, further solidifying the party’s stance in the senatorial district.  

  FBN) has projected that Nigeria will record positive economic growth as a result of the planned expenditure of the federal government especially the over N9 trillion allocated to capital expenditure. The bank states this in its outlook for 2024 themed “Current Realities and Prospects” While presenting the introductory address, Dr Adesola Adeduntan, the CEO of First Bank Group, emphasized that 2024 presents a chance for businesses to renew, strategize, and adapt to the prevailing opportunities in the current landscape. Adeduntan also highlighted the fast start to the beginning of the year, marked by President Bola Tinubu signing the 2024 appropriation bill into law, allocating N9.9 trillion for capital expenditure. He started, “So by implication, we believe there will be significant spending that is planned that will allow and should create enough stimulus within the economy that allows significant and serious players to be able to tap into the growth and the aspira...

BASICALLY, there are seven reasons why degree holders are poor. *1. THEY DON’T THINK BEYOND THEIR CERTIFICATES* Albert Einstein said, “Education is not the learning of facts, but the training of the mind to think.” Have you ever heard  creativity term “Think outside the box”? One of the major reasons why most graduates are poor is simply because they can’t see and think beyond their certificates.  I have seen engineering students work as bankers. I have seen medical doctors with great skills in web and graphic designs. I have seen lawyers that are very dexterous with finances. The list is endless! The basic truth of life is that the skills that are needed to be much sought after and become more successful in life are not really found within the walls of the classrooms. Your certificate is just a proof that you are teachable, it does not suggest what you are totally capable of doing. You are full of possibilities when you think beyond your degrees and certificates. *2. THEY PRI...

Access holdings plc has announced the acquisition of Megatech Insurance Brokers Limited, an insurance brokerage company licensed and regulated by the National Insurance Commission. The Group stated this in a notice to the investing public and the Nigerian Exchange Limited. According to the statement signed by Sunday Ekwochi, the Company Secretary the group said: Access Holdings Plc is pleased to inform the investing public and the Nigerian Exchange Limited that it has obtained all required regulatory approvals for the acquisition of Megatech Insurance Brokers Limited, an insurance brokerage company licensed and regulated by the National Insurance Commission. The group noted that the acquisition of the Company complements Access Holdings’ bouquet of product offerings in pursuit of its vision of building a globally connected community of ecosystems inspired by Africa for the world. It added that Megatech will strive to create a world where risk is efficiently managed so th...

 As the political landscape in Edo State undergoes a significant shift, the MOE 2024 campaign emerges as a formidable force, promising to lead the state into a new era of prosperity and effective governance. Under the banner of #Restoration2024, the MOE campaign asserts its commitment to transforming Edo into an economic hub. Supporters are voicing their desire for a leader who not only comprehends the intricate needs of the state but also possesses the vision to set a robust agenda for sustainable development. The campaign strategically taps into the shared value of development as a unifying force among the people of Edo. Utilizing hashtags like #Collectively and #MOE2024, supporters are actively rallying fellow citizens to unite in endorsing MOE's candidacy. The call to action is encapsulated in the trending hashtag #NOMINATEMOE2024, symbolizing the collective push for MOE to secure the gubernatorial nomination in the upcoming September 2024 elections. With a surge ...

Renewable energy is a type of energy that is generated from natural resources, such as sunlight, wind, rain, tides, and geothermal heat. These sources are naturally replenished on a human timescale, unlike fossil fuels, which take millions of years to form.  Solar energy is the most abundant energy resource on earth. Over 173,000 terawatts of solar energy strikes the Earth continuously. That's more than 10,000 times the world's total energy use. The challenge lies in capturing this energy. Photovoltaic (PV) solar panels convert sunlight directly into electricity, while concentrated solar power systems use mirrors or lenses to focus a large area of sunlight into a small beam. Wind energy, on the other hand, is harnessed by wind turbines that convert the kinetic energy in wind into mechanical power. This mechanical power can be used for specific tasks, or a generator can convert it into electricity. Hydropower is the most mature, reliable and cost-effective renewable power genera...

Title: The Evolution and Influence of Music Genres Music, an intrinsic part of human culture, has been a form of expression for thousands of years. The earliest known musical instruments, such as flutes made from bird bones and mammoth ivory, date back over 40,000 years, signifying the deep-rooted history of music in human civilization. As societies evolved, so did their music. Each era and region developed its unique sound, leading to the creation of various music genres. From the classical compositions of Mozart and Beethoven in the 18th century to the advent of Jazz in the late 19th century, music has been a mirror reflecting societal changes. Jazz, a genre that originated in the African-American communities of New Orleans, United States, around the late 19th and early 20th centuries, is a perfect example of music's evolution. Born out of a mix of African and European music traditions, Jazz became a form of resistance and expression for the African-American community. Its improv...

Title: "The Marvel of Modern Architecture: A Deep Dive into Lagos' Skyline Evolution" Lagos, the bustling metropolis of Nigeria, is a city that never ceases to amaze with its dynamic skyline. From colonial-era structures to modern high-rises, Lagos' architecture is as diverse as its people. The city's architectural journey began with traditional Nigerian structures, characterized by their use of local materials and techniques. As Lagos grew into a major trading hub during the colonial era, European architectural influences began to emerge. This period saw the construction of iconic buildings like the Old Secretariat and the Cathedral Church of Christ. However, it was in the post-independence era that Lagos' architecture truly began to evolve. Inspired by the need for rapid urbanization and the desire to create a distinct Nigerian identity, architects started experimenting with new forms and materials. This led to the construction of landmarks like the National...

  Title: "The Labyrinth of Languages: Unraveling the Intricacies of Linguistic Diversity in Nigeria" Nigeria, a vibrant nation located in West Africa, is a linguistic paradise, boasting over 520 languages. This linguistic diversity is a testament to the country's rich cultural heritage and ethnic multiplicity. However, it also presents unique challenges and opportunities. Firstly, let's delve into the primary languages spoken in Nigeria: Hausa, Igbo, and Yoruba, along with English, the country's official language. These languages, each with its own distinct phonetics, syntax, and semantics, represent the major ethnic groups in Nigeria. They are not just modes of communication but also vital tools for cultural expression and identity. Hausa, predominantly spoken in Northern Nigeria, is characterized by its Arabic influences. Igbo, the language of the Igbo people in the southeast, is noted for its tonal nature. Yoruba, spoken in the southwestern part, is rich in pro...

Title: Nollywood: A Beacon of African Culture Nollywood, the film industry of Nigeria, has grown exponentially over the years. It's now the second-largest film industry in the world in terms of output, showcasing the rich culture, traditions, and narratives of Nigeria and broader Africa to a global audience. Nollywood films often reflect societal issues, cultural norms, and historical events, offering a nuanced portrayal of African life. They have helped to challenge stereotypes and reshape perceptions about Africa worldwide. However, Nollywood also faces challenges. These include piracy, lack of funding, and the need for technical improvement. Addressing these issues is crucial for Nollywood's continued growth and its ability to represent African culture on the global stage. In conclusion, Nollywood plays a significant role in promoting African culture. With its unique storytelling and authentic representation, it has the potential to further elevate African narratives in the ...

Title: Entrepreneurship: A Catalyst for Diversifying Nigeria's Economy Entrepreneurship is a critical component of a diversified economy. It fosters innovation, creates jobs, and can drive economic growth. In Nigeria, the rise of entrepreneurship presents an opportunity to diversify the economy beyond oil. Start-ups in fields such as technology, agriculture, and renewable energy are demonstrating the potential of entrepr eneurship. They're solving local problems, creating value, and contributing to economic development. However, entrepreneurs in Nigeria face several challenges. These include access to capital, lack of infrastructure, and regulatory hurdles. Addressing these challenges is vital for entrepreneurship to thrive and for it to play a role in economic diversification. Government and private sector initiatives can play a significant role here. They can provide funding, mentorship, and training for entrepreneurs. They can also invest in infrastructure and create policie...

Title: The Digital Revolution: Transforming Education in Nigeria The advent of digital technology has revolutionized various sectors around the world, and education is no exception. In Nigeria, this transformation is increasingly evident as traditional classrooms give way to digital platforms. Digital technology can democratize education, breaking down geographical and socio-economic barriers. Online learning platforms, educational apps, and digital libraries can provide access to quality education for everyone, regardless of their location or income. Moreover, digital technology can make learning more interactive and engaging. Virtual reality, for instance, can bring historical events to life, while coding games can make learning programming fun for students. However, the shift to digital education also presents challenges. Not everyone has access to the necessary devices or reliable internet. There's also the issue of digital literacy - both students and teachers need to be comfo...

  Nigeria, like many other nations, faces a myriad of challenges that span across economic, social, and political sectors. Here's an in-depth look at some of these issues: 1. Economic Challenges: Nigeria has a predominantly oil-based economy, which makes it vulnerable to fluctuations in global oil prices. The removal of petroleum subsidies, for instance, has had a mixed impact on the economy. Furthermore, despite being Africa's largest economy, a significant portion of the population still lives in poverty. Income inequality and unemployment, particularly among the youth, remain persistent problems. 2. Political Challenges: The country has made significant strides in democratic governance since the end of military rule in 1999. However, it still grapples with issues like corruption, weak institutions, and a lack of transparency in government operations. These challenges hinder the efficient delivery of public services and undermine trust in the government. 3. Security Challenge...

  The removal of the petroleum subsidy in Nigeria is a complex issue with both potential benefits and drawbacks. Let's delve into both sides: Benefits: 1. Economic Stability: Subsidies can strain the national budget. By removing them, the government could reallocate funds to other sectors like education, healthcare, and infrastructure. 2. Market Efficiency: It could lead to a more efficient petroleum market, encouraging competition and potentially leading to better services. 3. Discourage Corruption: Subsidies have often been associated with corruption and fraud. Their removal could help mitigate these issues. Drawbacks: 1. Increased Prices: The immediate effect of removing subsidies is usually an increase in fuel prices, which can lead to higher costs of living, particularly for low-income households. 2. Inflation: Higher fuel prices can lead to inflation, as the cost of transport affects the price of goods and services. 3. Social Unrest: The removal of subsidies can lead to publi...

 Absolutely, let's take a trip down memory lane to January 13, 2014, a day that will forever be etched in the annals of football history. It was the day when Cristiano Ronaldo, the Portuguese powerhouse, clinched his second Ballon d'Or, cementing his status as one of the greatest footballers of his generation. The ceremony, held in Zurich, was a star-studded affair. The air was thick with anticipation, as Ronaldo was up against two formidable contenders - Lionel Messi, who had won the award for the last four years, and Franck Ribéry, who had enjoyed a stellar season with Bayern Munich. However, it was Ronaldo's year to shine. His performances for Real Madrid had been nothing short of spectacular. With a staggering 69 goals in 59 appearances for club and country that year, Ronaldo was a force to be reckoned with. His speed, skill, and scoring prowess had captivated fans and critics alike. When his name was announced as the winner, the room erupted in applause. Ronaldo, visib...

"Today, we celebrate not just a player, but a leader, a warrior, and an inspiration - Declan Rice. From his early days at West Ham's academy to his meteoric rise in the Premier League, Declan has shown us what it truly means to be dedicated to the beautiful game. His vision on the pitch, his tenacity in the midfield, and his unwavering loyalty to his club are the qualities that set him apart.  Every time he steps onto the pitch, he embodies the spirit of the game - the passion, the excitement, the will to win. His performances are a testament to his hard work, his love for football, and his commitment to his team. He's not just a player, he's a role model for aspiring footballers everywhere. So, here's to Declan - to his past achievements and to his future triumphs. As he turns a year older, we wish him nothing but the best. May he continue to inspire us with his incredible skills, his indomitable spirit, and his love for the game.  Happy Birthday, Declan Rice! Her...

 President Bola Tinubu has approved the appointment of eleven (11) new Chief Executive Officers for agencies under the Federal Ministry of Art, Culture, and Creative Economy:   (1) Tola Akerele — Director-General, National Theatre   (2) Dr. Shaibu Husseini — Director-General, National Films and Censors Board   (3) Mr. Obi Asika — Director-General, National Council for Arts and Culture    (4) Aisha Adamu Augie — Director-General, Centre for Black and African Arts and Culture    (5) Ekpolador-Ebi Koinyan — Chief Conservator, National War Museum   (6) Ahmed Sodangi — Director-General, National Gallery of Art   (7) Chaliya Shagaya — Director-General, National Institute of Archeology and Museums Studies   (8) Hajiya Khaltume Bulama Gana — Artistic Director, National Troupe of Nigeria    (9) Otunba Biodun Ajiboye — Director-General, National Institute for Cultural Orientation    (10) Ali Nuhu — Managing-Director, Nig...

Eben Enasco Reporting. Few or no opportunities are left for youths in Nigeria to emerge as candidates for elective offices because they have limited experience and resources. The perception across the political space is that the only narrow way perhaps, is when they are hugely backed by political heavyweights. Those without such backgrounds, seldom make headway except miraculously. This, according to a sentiment shared by most citizens has grossly affected the ambitions of the majority of youths who are desirous to test the water. However, a 2008 Political Science graduate of Ambrose Alli University, AAU, Ekpoma, Michael Osaghae Ehigiade, MOE, is convinced that he can muscle his way to the seat of power in the 2024 governorship election in the state. Ehigiade who hails from Ebelle Community in Igueben Local Government Council and preparing to contest the available seat after Governor Godwin Obaseki's tenure would have expired in 2024, under the All Progressive Congress, APC, believ...

  Hi guys, Welcome to The Clever Way. On this website, I teach people how to make money online as a/an website owner, Internet Newbie, Smartphone user, Desktop user and Affiliate Marketer or you probably have been looking for ways to make money online but you have not seen, you are in the right place...................................................................... So,guys before I go into business I would like to share my experience with you when I was still an internet newbie searching for ways to make money online. I got the interest of making money online in the year 2010.In the year 2010 I discovered a website more like a news platform where people go to read news, share news and get paid. So,on that news platform they pay you 7$ for each news you read and 3$ for each news you share. On this particular news they publish 15 scripts of news every single day. Which means every 24hrs I was liable to get 105$, meant their payment threshold was 2000$. So, with the a...

 A  Unity Bank customer, Mr. Musa Dayyabu, has emerged winner of One Million Naira in the ongoing cash reward Promo by Unity Bank Plc and CashToken Rewards Africa. CashToken Rewards Africa is a Cash-Reward-as-a-Service company that rewards customers for patronage and loyalty. From Left: Eghomwanre Iyamu, Head, e-Business; Aisha Lawan Gana, Prize Winner, Musa Dayyabu; and Aminu Moyi, Zonal Head, North West 1 during the official cheque presentation to the winner in Kano recently.  Mr. Dayyabu, a customer of the Bank from Bello Road Branch, Kano, won the cash prize after he activated his Unity Bank Verve card and having carried out transactions, received CashTokens and qualified for the weekly national consumer draw. It was in this draw, he emerged as the lucky winner of One Million Naira cash.   The Unity Bank and CashToken Rewards promo launched in November 2023, is a cash reward program that offers ...

In a transformative move for Edo State,  Michael Osaghae Ehijiade , popularly known as MOE, is emerging as the beacon of change in the political landscape. The campaign, aptly titled  "MOE GOVERNMENT FOR ALL,"  envisions a system that transcends individual interests, focusing on the collective well-being of the people and the true essence of democracy. The core philosophy behind MOE's candidacy is the belief that revitalizing Edo State does not require magic or rocket science but the strategic placement of competent sons and daughters of Edo extraction in key positions to contribute to the state's development. MOE aims to turn the theoretical definition of democracy into a practical reality, promising good governance that reflects the aspirations of the people. Under the rallying cries of #supportgoodRepresentation, #Identifywithagoodproject, and #MOEistheway, the campaign seeks to unite Edo people in support of a shared vision for a better government. A Ne...

  In a recent development, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has voiced its unease regarding a noticeable decline in crude oil production and a conspicuous lack of investment in the nation's oil sector. Gbenga Komolafe, the Chief Executive of NUPRC, expressed these apprehensions during a meeting with Felix Ogbe, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), held at the NUPRC office this Tuesday. Komolafe pointed out that the Nigerian upstream sector is currently facing substantial pressure due to diminishing crude oil production and a notable absence of significant investments in recent years. He emphasized the evolving global energy landscape, highlighting the emergence of several new oil-producing countries, intensifying competition for investment capital. In response to these challenges, he stressed the imperative need for strategic measures to establish an investor-friendly environment in Nig...