celebrity radar - gossips
Africa Akinwunmi Adesina (AFDB): Any conspiracy from the Western Block? By Jimoh Ibrahim OFR, CFR
Please wait a minute; it is about corporate governance! Yes, in a simple bank matter, and what is more, as Wolfensohn will say, corporate governance is about promoting corporate fairness, transparency, and accountability. Every day we keep struggling on which of the rules of ethics or governance will secure corporate sustainability and profitability. The strategy is unending from its trajectory from the 1776 Adam Smith “it is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self -interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessity but of their advantages” In 1932 we were inodiated with the corporate governance of Berle and Means, which centered on the separation of ownership from the control that produces a condition where the interest of the owner and ultimate manager may, and often do diverge. Or desire to maximized shareholders’ value. And, could this be the desire of the Western block interest in AFDB? We are no longer in the 1980 days of mergers and acquisitions. Or, Junk Bonds and poison pills no one is interested in selling her shares in AFDB. (at least I do know that the Nigeria shares is not for sale!) it may be that the 1900 rise of institutional investors is the thinking of Donald Trump on corporate governance as a businessman. The challenge with an institutional investor is the high cost of monitoring and the free-rider problem, liquidity versus dialogue, who own the institutional investor share, and who is the ultimate beneficiary of the shares in the end? Or the challenge of the company versus index investing, effective market hypothesis, portfolio diversification. Will individual action make a difference concerning AFDB ethical issues? Or a case of rationale apathy or outright apathy ignorance, and what is the active oversight of the US going to add any value to AFDB? We left those issues to the events of the 1990s. A new challenge to corporate governance in the 2000s was the case of activism, and Hedge Funds and Private equity—the 2010 issues of pooled Funds and stewardship cannot be wholly left out since trust is of a challenge. In 2020 we are not even sure what response to corporate governance will be with COVID 19. The problems of managing corporations from home include presenting an integrated fiduciary relationship between the management and the Board at a time when the Directors can be held responsible for the management’s actions, and defense of I did not do what the management did can no longer stand! Liberalism has a way of making everyone wealthy from the absolute gain advantage through collective action. The assurances of collective resources to pursue share gains so is the West, NATO, and North America Free Trade Agreement (NAFTA). It is against such authoritarian regimes that liberalism thinks, liberals will not go into war against one another, and the principle of collectivism and collaboration is in the best interest of economic harmony. Yes, the democratic peace theory and the campaign for the establishment of the liberal domestic democratic Government worldwide. The US will not buy Nigeria oil, yet we are hoping for wealth creation among two liberals with absolute gains and collective interest. The US may cross the border to control Nigeria’s investment in AFDB and wishing to remove the Nigerian elected president in a bank in which Nigeria has the highest interest. Is the relative gains principle of liberalism in international units strengthen US interest against Nigeria? The US aims at spreading liberal democracy that widening the zone of peace inhabited by world democratic states. Yet, the US is questioning the Nigerian appointment and praxis of a Nigerian bank president in a bank in which Nigeria has the highest shares! What is more of a nonsensical or absurd idea or talk of a President of AFDB asking to explain why he employed a female staff? He favors the highest shareholder, why his personal team is known to him before resuming to work, what he has to say about a staff that proceeded on medical leave on health ground after the bank physician-approved a health leave for him. What a nonsense. And notwithstanding the clearance from the Board room, a ‘powerful’ shareholder wants independent probe of the nonsense allegations! In global governance, the US can violate global governance principles without question; all she needs to say is that she is doing so on a humanitarian grant! Adesina, a Human being need not have an altruistic feeling so conceived the US. If he invites a colleague who both of them made first class in the university to work with him, then the US must trump up a limited war at least for a start. The US power as a hegemon cannot be challenged. (yet international society is anarchic in the sense that there is no central Government) At least without the UN resolution, the US invaded Iraq for violation of the UN directives for ten years. Where did the US get the authority to invade Iraq? Never worry, it is all about providing stability as hegemon to the new world, (But the US does not give central Government for the global society) Who invade Panama in the face of article 2 (4) and (7) of the UN chapter? It all in the protection of global governance principles. (maybe.) In Nigeria, out of the list of liberal states? Alexander Dumas ‘all for one and one for all’ now comes to the unwillingness of other western nations to protect Nigeria in the face of the US launch of the attack on Nigeria as one significant investment in Africa’s continent. Where did we go wrong! The US indeed must be a powerful country battling so many issues at the same time. From the challenges of power shift, the WHO imbroglio, the debt crises, outdating infrastructure, and more importantly, COVID 19 and now to Femi Adesina query to explain why he employed Nigerians and allow a sick director to go on leave at AFDB. Also, less I forget why he employed his personal staff like the chief of staff from people he already knows!! There is no specific allegation on fraud yet. The US is about launching a limited war in AFDB. Again, will the war be not, however, absolute? If what is left from the remains of liberalism is anything relevant from the battle of COVID19 to Africa Development Bank (AFDB), then America will soon remember Winston Churchill golden worlds ‘to jaw jaw is always better than to war war! At least after the upcoming August re-election of Akinwunmi Adesina. Yes, liberalism is all about collaboration, collectivism, and interdependence. It is all about the harmony of interest. No one will forget too soon that liberalism is a normative theory that has its own phenomenon of what ought to be rather than what it is. And, it is not contending the fact that there are specific regulations in respect of what is in the procedural setting of AFDB rather than what it ought to be. The processes and procedures of the African Development Bank are not for reforms (at least for now).
The US should be applying the procedure after the change, not using what ought to be as Yasick for today’s judgment. For unjust orders are inherently unstable because they invite rebellion by the people they oppress. We say that liberal theory is often prescriptive, recommending specific policy for just order not in the content of what is established to be known to us as AFDB rules of ethics coded and written praxis.
celebrity radar - gossips
Opinions divided over Pasuma Jaiye Kuti proposed wedding
Opinions divided over Pasuma Jaiye Kuti proposed wedding
The current threading in *entertainment* world of speculated society marriage between oganla Fuji, Wasiu Alabi Pasuma with Nollywood icon, and widely acclaimed Queen of the tube jaiyeola Kuti has brought out different opinions amongst the fans and entertainment personnel.
What started as a rumour and mirage is gradually turning to reality and some fans are saying it’s not possible for Jaiye Kuti who is one of the scandal free Nollywood actress to be involved in such an unholy union with Pasuma
Most people who spoke with our correspondence, are of opinion that such a marriage can only happen in a mirage sessions and in Nollywood movies that apart Jaiye Kuti been responsible and married with children, Pasuma is someone who have vowed not to married and have a woman under his roof.
But to some also, it’s not impossible as artistes are known to be engaging and married to each other after denied and counter claims, which made and at the end they will go ahead and married . With this most people believe that truly there’s marriage in offspring for both celebrities While both parties refused to comment on the trend controversial issues about the whole issue , the world is anxiously waiting if this well circulated story of Pasuma getting married to Jaiye Kuti will come to pass or it will turn out to be a mirage.
Either way the die is cast as all eyes will be on Jaiye Kuti and Pasuma with searchlight on Nigeria entertainment industry once again
celebrity radar - gossips
PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE
PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE
President Bola Ahmed Tinubu has congratulated his Senior Special Assistant on Digital Engagement, Strategy and New Media, Mr Otega Ogra, on his election to the Executive Committee of the World Federation of Advertisers (WFA).
The election took place today at the organisation’s Annual General Meeting, held during the Global Marketing Week Conference in Stockholm, Sweden.
President Tinubu described the development as a significant step for Nigeria’s growing influence in global communications.
He noted that Mr Ogra’s emergence as the only representative from West Africa and Sub-Saharan Africa on the Executive Committee reflects the depth of Nigerian expertise and the contribution of a new generation of young Nigerian professionals to global industry standards.
Mr Ogra was elected to the Executive Committee on the platform of the Advertisers Association of Nigeria (ADVAN), underscoring the role of Nigeria’s organised advertising and marketing industry in shaping representation at the global level.
The WFA is the leading global body for advertisers, representing over 150 multinational and Fortune 500 companies, alongside national advertiser associations across more than 60 countries, with a combined annual marketing spend running into hundreds of billions of dollars. Its Executive Committee is the organisation’s highest decision-making body, responsible for setting priorities and guiding global policy on responsible advertising, media transparency, sustainability, and the evolution of digital ecosystems.
President Tinubu noted that Mr Ogra’s election is both a personal distinction and a strategic opportunity for Nigeria and the African continent, placing them at the centre of global conversations on brand trust, platform accountability, innovation and the future of marketing and communications.
The President commended Mr Ogra, who also serves as Vice President of ADVAN, for his sustained contributions to strengthening Nigeria’s marketing and communications ecosystem, drawing on a career spanning leadership roles across the banking, manufacturing, and public sectors.
“Otega’s election reflects the growing recognition of Nigerian expertise and affirms our capacity to contribute meaningfully to the frameworks shaping global markets,” the President said.
President Tinubu added that the achievement aligns with his administration’s Renewed Hope Agenda, particularly in advancing the creative economy, strengthening digital governance, and positioning Nigeria as a competitive hub for innovation and enterprise.
Josh Faulks, CEO of the Australian advertiser association (AANA), and Simon Michaelides, Director General of the UK advertiser association (ISBA), also join the leadership team.
Current members of the executive committee, David Wheldon, President and Philip Myers, Deputy President, who is also the Chief Institutional Affairs and Corporate Communications Officer at Ferrero, continue in their current roles, as do all regional vice presidents.
celebrity radar - gossips
Hold Peter Okoye Responsible If Any Harm Comes To Our Member – NASRE Fires Back At Singer
Hold Peter Okoye Responsible If Any Harm Comes To Our Member – NASRE Fires Back At Singer
The Nigerian Association of Social and Resourceful Editors (NASRE) has raised alarm over an alleged threat by Afrobeat artist Peter Okoye (Mr P) against journalist and NASRE Directorate member, Mr Bayo Adetu, warning that the singer will be held responsible should any harm come to the journalist or his family.
In a press statement issued on April 20, 2026, NASRE’s leadership, led by Comrade Femi Oyewale, expressed concern over the incident reportedly occurring at the Ikoyi High Court during proceedings in the ongoing legal dispute involving P-Square and their elder brother, Jude Okoye.
NASRE views the alleged statement as inappropriate and unacceptable, stating that any language suggesting intimidation against a journalist performing lawful duties raises serious concerns about press freedom, safety, and professional ethics.
The association has therefore called on Mr Peter Okoye to retract the alleged statement and issue a public apology to Mr Bayo Adetu, while also urging all parties involved in the ongoing legal matter to conduct themselves with restraint, respect, and strict adherence to the rule of law.
Read the statement below:
PRESS STATEMENT
For Immediate Release
NASRE RAISES ALARM OVER ALLEGED THREAT BY PETER OKOYE (MR P) AGAINST BAYO ADETU IN COURT, WARNS OF CONSEQUENCES
The leadership of the Nigerian Association of Social and Resourceful Editors (NASRE), led by Comrade Femi Oyewale, expresses concern over an alleged threat issued by popular Afrobeat artist Peter Okoye, widely known as Mr P, against journalist and NASRE Directorate member, Mr Bayo Adetu.
The incident reportedly occurred at the Ikoyi High Court during proceedings in the ongoing legal dispute involving the music duo P-Square and their elder brother, Jude Okoye. Eyewitnesses present in court stated that Mr Peter Okoye drew the attention of Justice Alexander Owoeye to Mr Adetu’s presence, noting that he was formerly P-Square’s publicist but now works with his brothers. The remark reportedly generated reactions in the courtroom.
It is further alleged that after the court session, Mr Peter Okoye confronted Mr Adetu in the presence of others and said, “You, Bayo, I will set you up.”
NASRE views this alleged statement as inappropriate and unacceptable. Any language suggesting harm or intimidation directed at a journalist performing lawful duties raises serious concerns regarding press freedom, safety, and professional ethics.
We state unequivocally that should anything happen to Mr Bayo Adetu or any member of his family, Mr Peter Okoye will be held accountable. Such statements, when directed at a media professional, are taken with utmost seriousness.
NASRE will not tolerate any form of intimidation, harassment, or threat against its members. We are fully prepared to activate all lawful media and legal channels to protect our members and safeguard the integrity of the profession. Mr Peter Okoye must be aware that utterances of this nature carry consequences and he will be held responsible for any outcome arising from this matter.
We therefore call on Mr Peter Okoye to retract the alleged statement and issue a public apology to Mr Bayo Adetu. We also urge all parties involved in the ongoing matter to conduct themselves with restraint, respect, and strict adherence to the rule of law.
The safety of journalists remains paramount, and the media will not be silenced.
Signed:
Lateef Owodunni
Media Director, NASRE
April 20, 2026
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