Business

Kayode Olorundare

Kayode Olorundare

Governor Aiyedatiwa of itOndo is expected to be declared as the winner of the 2024 gubernatorial election in Ondo. In the ruling expected on Wednesday the tribunal' judgment is being expected.

Wednesday, 17 January 2024 12:03

MAKINDE RECONCILES WITH EX-ALGON CHAIRMAN

The troubled fired council officials and the Oyo state government's never-ending troubles could finally come to an end. The situation occurred in the context of Oloye Adebayo Adelabu, the Minister of Power, intervening during his professional visit to the governor's office on Monday.

Adebayo Adelabu

                                                                                                                         Oloye Adebayo Adelabu

The former chairman of the fired ALGON members, Prince Ayodeji Abass-Aleshinloye, who was fired by the governor upon taking office, was in the minister's entourage during the visit.

Prince Ayodeji Abass Aleshinloye

"Today, peace has been brokered between the State government and the sacked members of the Association of Local Governments of Nigeria (ALGON), as Governor Seyi Makinde promises to release the fund immediately," a source with access to the meeting told journalists. Chief Adelabu, the Minister of Power, brokered a peace deal by pleading with the state administration and Prince Aleshinloye, the ex-ALGON envoy, to accept it.

                                                                                     

During a business visit to state governor Engr. Seyi Makinde earlier today, the minister made the statement at the state secretariat on Monday.

 

This occurred while the Minister was visiting the state for work and the previous chairman of ALGON was traveling with him.

 

Earlier in the courtesy visit, the governor made light of the situation by jokingly stating, "I can see Aleshinloye in this office that he did not follow the Minister on the working visit but he only came here to remind me of their money." Aleshinloye was seated in one corner of the Executive Chamber. Everyone laughed at the teasing.

 

The report claims that Chief Adelabu interfered in the situation at a private meeting between Prince Abass-Aleshinloye and the Governor, during which the Governor pledged to promptly discharge the loan.

Tuesday, 16 January 2024 12:49

LIONEL MESSI WINS AGAIN

Lionel Messi: Argentina's striker triumphs over Erling Haaland The year's top male FIFA player Erling Haaland is beaten by Lionel Messi to win men's player of the year; the duo need a vote tie-break since the national team captains made the ultimate choice; the World Cup 2022 performance was not included in the 2023 award; Pep Guardiola, the manager of Manchester City, was named the best men's coach.

 

After a vote tie-break, Lionel Messi of Inter Miami defeated Erling Haaland of Manchester City to win the men's player of the year award at The Best FIFA Awards 2023. Because the two players were deadlocked on points, the vote was cast by the national team captains, and Messi was chosen by all four of them: Andy Robertson of Scotland, Harry Kane of England, Aaron Ramsey of Wales, and Jonny Evans of Northern Ireland. The most outstanding performance between December 19, 2022, and August 20, 2023, was honored with the 2023 award.

 

Only Messi's performance in the 2022 World Cup was taken into account for the accolade, he received after leading Argentina to victory in Qatar.

 

The 36-year-old joined Major League Soccer team Inter Miami after winning the 2023 Leagues Cup, which was a match between MLS and Liga MX teams in Mexico, with 10 goals. The 36-year-old had previously won the Ligue 1 title with Paris Saint-Germain in 2023.

 

Despite Haaland's victory at Man City, Messi won the title because he scored 30 goals in all competitions between the end of the World Cup and August 20, 2023.

 

None of the three finalists attended the London awards presentation, and PSG forward Kylian Mbappe came in third in the vote.

Pep Guardiola, the manager of Manchester City, won The Best FIFA Awards 2023 for best men's coach. Guardiola led City to a treble last season, which included victories in the FA Cup, Premier League, and Champions League. The shortlist also included Barcelona's Xavi, Inter Milan manager Simone Inzaghi, former Celtic manager Ange Postecoglou, who is currently managing Tottenham, Luciano Spalletti, who led Napoli to the Serie A championship, and others. Guardiola stated:

Gardiola

"I want to share this trophy and moment with our owners at Manchester City."I want to express my gratitude to all of our players—who have collectively contributed to our club for eight years—on behalf of my backroom crew and myself. "Thanks so much for this incredible journey because they don't know what it means every morning to go there and live with them, winning or losing it doesn't matter - living with them has been incredible."

 

Six members of Guardiola's City club were included in the men's team of the year: midfielders Bernardo Silva and Kevin De Bruyne, forward Erling Haaland, and defenders John Stones, Kyle Walker, and Ruben Dias. Jude Bellingham, a midfielder for Real Madrid and England, was also there. City goalie Ederson earned the men's best goalkeeper title, although he did not make the squad of the year, with Real Madrid's Thibaut Courtois in goal.

Tuesday, 16 January 2024 12:31

MOURINHO SACKED AGAIN

In a statement released Monday morning, Roma stated that Mourinho and his technical staff will leave the team immediately. Mourinho was named as the 60th manager in Roma's history in May 2021. He guided the group to the Europa League final in Budapest the previous season and the Conference League title in Tirana on May 25, 2022. Dan and Ryan Friedkin remarked, "We thank Jose on behalf of all of us at AS Roma for the passion and commitment he has shown since he arrived in the Giallorossi."

Mourinho 1

Although we will always cherish our wonderful memories of his guidance, we think rapid change is required for the club's best interests."We hope the best for José's future and those of his associates." We'll contact you soon with further information on the new first-team technical guidelines.

 

After taking over at the Stadio Olimpico in the summer of 2021, the Portuguese maverick won the first-ever UEFA Conference League in his first season as manager. However, Roma has only won once in their previous five Serie A games, and they are now sitting in ninth position in the standings.

 

The last nail in Mourinho's coffin was driven on Sunday night as they lost to AC Milan handily at San Siro, dropping them to fourth place, five points below Fiorentina and 13 points behind the Rossoneri. Their Coppa Italia elimination by rivals Lazio earlier last week further exacerbated their league problems.

When the two boxers square off on March 8, Francis Ngannun of Cameroon has vowed to test Anthony Joshua's shin as a form of combat.

On Monday night, January 15, Francis Ngannou, the former heavyweight champion of the UFC, committed to investigating if Anthony Joshua's chin is not as powerful as he has been told. Joshua glanced at Ngannou as the former heavyweight champion of the UFC described his strategy for their ten-round boxing contest on March 8 at Kingdom Arena in Riyadh, Saudi Arabia, during a press conference in London.

Boxing 2

Ngannou believes that Joshua won't be able to bounce back if he gives him a left hook similar to the one he gave Tyson Fury in the third round of their battle on October 28.

 

In June 2019 at Madison Square Garden in New York, Anthony Joshua—who had 27 wins and 3 losses—was downed four times by Andy Ruiz Jr., who defeated the former IBF, IBO, WBA, and WBO champion via seventh-round technical knockout. Joshua had been knocked down by Wladimir Klitschko in the sixth round of their fight, but he bounced back and stopped the former IBF, IBO, WBA, and WBO champion from Ukraine in the eleventh round. Joshua also defeated Klitschko in April 2017 at London's Wembley Stadium.

 

What do you think I'm going to do when I fight him? Ngannou stated. It's to locate and search for his chin. That is, after all, what occurs during a battle. .. You attempt to punch someone in the chin or wherever else you can hit them in a fight, right? And, indeed, from what I've heard, he lacks a chin. I'm not sure if it is accurate or not. I'm hoping to have a chance to try that out. That's what I hope. That's my wish at this point.

 

In his lone professional boxing contest, Fury was defeated by Cameroonian Ngannou in the third round. However, Fury rallied, outscoring Ngannou on two scorecards and winning their ten-round bout via split decision (96-93, 95-94, 94-95). Joshua's 34-year-old promoter, Eddie Hearn, praised Ngannou for his impressive performance against Fury. Despite this, Ngannou doubted Hearn's sincerity. "I've been sitting here listening to people talk, and Eddie even gave me some praise, which is nice," Ngannou remarked.

 

However, I'm not sure whether he's sincere or if he's simply trying to get me to sleep with his buddy, which isn't going to happen. As a novice, I will put in a lot of training, do my hardest, and enter the battle as the underdog to win. I thus don't use my last battle as a guide and assume that I win this one as well as everything. You see, I am well aware of my whereabouts. As a beginning, I am. And I will emerge a better person and, indeed, improve with time. That's my perspective, then. I'm getting ready for a really difficult battle.

In the competition's Saudi Arabian final, Carlo Ancelotti's team defeated Barcelona 4-1, with Vinicius Junior scoring a hat-trick in the first half. This resulted in the title of Spanish Super Cup Champions for the team.

Madrird 2

Jude Bellingham, a midfielder for Real Madrid, went to the stands following his team's 4-1 victory against Barcelona in Saudi Arabia and bought a GTA-themed poster featuring Vinicius Junior, Rodrygo, and him from a fan.

In exchange for $12.5 billion, Adebayo Ogunlesi, the chairman and CEO of Global Infrastructure Partners (GIP) and a former Credit Suisse executive, will join BlackRock's board and global executive committee.

Trinity Plaza 123

This is BlackRock's power move, propelling the company to become the biggest independent infrastructure manager globally. BlackRock will purchase GIP for a total consideration of $3 billion in cash and around 12 million shares of BlackRock's common stock, according to the announcement released on Friday.

 

 

The integrated infrastructure platform will be run by the GIP management team, which is headed by Bayo Ogunlesi and four of its founding partners. According to the release, "They will bring with them a proven track record of creating and managing high-performing private markets firms, as well as skilled investment and operationally oriented business improvement teams.

 

worldwide investment options for customers, and we are quite enthusiastic about the prospects that lay ahead of us," he continued. Bloomberg claims that Fink, 71, primarily founded BlackRock on the assumption that investors of all sizes would choose to participate in public company indexes at a lower cost as opposed to hiring stock pickers.

 

Adebayo OgunlesiThe GIP acquisition represents a renewed belief among the largest institutions that they will have to pay greater fees to invest in illiquid funds supporting large-scale, intricate projects.

Monday, 15 January 2024 12:46

YETUNDE ONI, THE NEW CEO OF UNION BANK.

The Central Bank of Nigeria appointed new executive directors to oversee the operations of the deposit money banks, just hours after the financial regulatory body had dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank, and Polaris Bank due to purported violations of corporate governance and regulatory noncompliance.

Trinity Plaza 123

The appointment is effective immediately, according to a statement released on Thursday morning by Sidi Hakama, the interim director of corporate communications. The announcement states that Union Bank has named Yetunde Oni, the first female CEO of Standard Chartered Bank in Sierra Leone, as its new CEO. Yetunde Oni, the recently appointed MD and CEO of Union Bank, brings to the forefront her extensive 25-year career in the banking sector.

The government of Lagos State has reiterated its commitment to building a new international airport in the Lekki Epe corridor within the next year or two.

Airport 1

The airport is anticipated to handle around 5 million passengers annually and about 350 aircraft at a time.

The state commissioner for information and strategy, Gbenga Omotoso, who made this revelation, said that Lekki people won't have to travel to Ikeja once the airport is built.

 

Anticipated to be completed in a year or two, and it will be located along the Lekki Epe corridor. It will be an international airport with a capacity of 350 aircraft at a time. "We are already in talks with investors because this project is beyond what the state can finance with its balance sheet, and it will serve approximately 5 million passengers."Thus, all of the tasks associated with the airport as well as the other notable projects I've mentioned, such as the Food and Logistics Hub and the Fourth Mainland Bridge, are presently on the table.

Monday, 15 January 2024 12:28

TINUBU COMMENDS GTB FOUNDER AT 70

A valuable asset to Nigeria is Adeola At 70, Tinubu praises GTB founder On Wednesday, President Bola Tinubu celebrated the 70th birthday of Mr. Fola Adeola, a prominent businessman and lifelong friend. As he praised the patriotism of the Guaranty Trust Bank Founder in "promoting initiatives for the economic advancement of Nigeria," he called him "a great asset to the nation." President Tinubu's congratulations are in a statement headlined "President Tinubu celebrates top business leader, Fola Adeola, at 70," which was signed by his Special Adviser on Media and Publicity, Ajuri Ngelale. Adeola completed his HND in accounting at Yaba College of Technology.

Adeola GTB

In addition, he holds degrees from the Lagos Business School, Harvard Business School, London School of Accountancy, and the International Institute for Management Development.

 

 

Adeola served as the Divisional Head and Deputy General Manager of the Financial Services Division of the Continental Merchant Bank Limited from 1986 to 1990 when he and Tayo Aderinokun founded GTB Plc.

Former vice president and Peoples Democratic Party presidential candidate Atiku Abubakar said that while Betta Edu's suspension as the Minister of Humanitarian Affairs and Poverty Alleviation is praiseworthy, it is insufficient. Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission, was given instructions by President Bola Tinubu on Monday to look into any financial transactions involving the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.

Betta Edu 1

On December 20, 2023, a leaked memo revealed that Edu had instructed Oluwatoyin Madein, the Accountant-General of the Federation, to transfer N585 million to a private account owned by Oniyelu Bridget. The ministry claimed that Bridget is currently the Project Accountant for Grants for Vulnerable Groups. This action brought criticism upon Edu. In response, Atiku said in a statement released on Tuesday by his Special Assistant for Public Communication, Phrank Shaibu, that it was regrettable that a program intended to help over 100 million Nigerians escape extreme poverty had purportedly turned into a money-making venture for APC administrations.

 

"We think this is a belated move, but Tinubu deserves commendation for suspending Edu," he added. Initially, it was inappropriate for him to designate her as a minister of such a delicate ministry. Because Tinubu prioritized politics over ability, this controversy resulted. What background did Betta have in the field of development? How could Imaan Ibrahim, with her extensive background, go unnoticed? How did Femi Gbajabiamila, the President's Chief of Staff, act as Betta Edu's referee when she was being cleared by the Senate? Atiku, who demanded that the ministry be reformed, said that Betta Edu was not the only one involved in the transactions. 14

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