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Oluwo of Iwo Speaks on Brawl with Ooni – Business Post Nigeria

By Modupe Gbadeyanka
Paramount traditional ruler of Iwo land in Osun State, Oba AbdulRasheed Adewale Akanbi, has reacted to news making the rounds that the Ooni of Ife, Oba Adeyeye Ogunwusi, ordered his guards to push him (Oluwo) out of the way at a recent event held in Port Harcourt, Rivers State.
Reacting to the issue, the stylish monarch said it was unfortunate such happened and said “respect begets respect.”
According to him, “Anytime when Emperor Telu arrives, he does not need to scare his children (the black race) with all kind of old-scare tactics/ways that does not fit into 21st century.
“All those noise is meant for the palace to show and entertain our visitors about our old way that should never be forgotten as well as educate them about the new and improved in which love must set in.
“I will never tell my security detail to push another King no matter what ‘class’ of Oba!!! Even if my security detail made a mistake of pushing anyone, I will scold that detail about how an Oba must respect his children and everyone regardless of their status in the society, not to talk of pushing an Oba with no apologies!
“Anytime I meet other kings, I, Oluwo of Iwo Land, exchange pleasantries with them with a smile and even touch each other as a sign of respect, that is, respect which is reciprocal.
“Oluwo doesn’t tell his entourage to push other Kings out of the way because he wants to pass just as Governor Aregbesola will never ask his security details to push Governor Akeredolu out of the way because he wants to pass.”
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By Modupe Gbadeyanka Over the weekend, Ecobank Nigeria carted away the Electronic Data Rendition Compliance and Integrity award at the 2019 edition of the Central Bank of Nigeria (CBN) Electronic Payment Incentive Scheme (EPIS) Efficiency Awards. The CBN EPIS Efficiency Awards is organised to celebrate financial institutions, merchants and other stakeholders at the forefront of driving electronic payment in Nigeria. Now in its fourth edition, the awards are based on objective analysis of all E-payments data collated by the Nigeria Inter-Bank Settlement System (NIBSS) over a full calendar year. According to the NIBSS, the annual award puts into consideration electronic
By Aduragbemi Omiyale No fewer than 6,000 Nigerians across six locations across the country would be fed by Airtel Nigeria through its long-running community feeding programme known as 5 Days of Love. Every December, the telecommunications giant puts smiles on the faces of people, who are mainly not its subscribers. It is a way the company gives back to society and celebrate Christmas with the people. The Airtel 5 Days of Love initiative began in 10 orphanages across Nigeria in 2015 and has since expanded into several towns and cities across the country, with Airtel partnering with leading fast-food vendors
By – Aduragbemi Omiyale
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 0.33 per cent on Tuesday on the back of sustained bargain-hunting in the banking space, which closed higher by 0.67 per cent, especially because of interest in GTCO, UBA, Access Holdings and others. The sector was mainly responsible for the growth reported by the domestic bourse during the session, as the energy counter lost 1.03 per cent and the insurance index depreciated by 0.49 per cent, while the consumer goods and industrial goods sectors closed flat each. At the close of business, the All-Share Index (ASI) gained 237.35 points
By – Dipo Olowookere
By Adedapo Adesanya Technology solutions company, Tingo Mobile, has announced the launch of Tingo ePOS, an innovative electronic point-of-sale system designed to revolutionise financial transactions in Nigeria. The new product helps users withdraw money with a single tap while also helping merchants receive instant payments for businesses with zero maintenance cost, zero operational cost, and zero network issues. This was disclosed at a press briefing held at Tingo’s head office in Lagos on Tuesday, December 12, 2023. Tingo executives revealed that Tingo ePOS was established so that the debit card issued to customers can be used at POS terminals and
By – Adedapo Adesanya
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By – Adedapo Adesanya
By Adedapo Adesanya Nigeria’s total gas output dipped by 3.7 per cent to 166.458 billion standard cubic feet (SCF) of gas in October 2023 from the 172.77 billion SCF (BCF) of gas produced in September 2023. According to the latest data released by the Nigerian National Petroleum Company (NNPC) Limited in its gas production and utilisation report, out of this total gas output, 9.796 billion SCF was flared, representing 5.9 per cent of total gas output. The volume of gas flared in October was 4.1 per cent lower than the 10.21 billion SCF of gas flared in September 2023. Giving
By – Adedapo Adesanya
By Adedapo Adesanya The federal government may return to the National Assembly for the appropriation of extra revenue for the 2024 budget if the country records a solid revenue performance next year, according to the country’s Minister of Finance and Coordinating Minister of Economy, Mr Wale Edun. The Minister made this known on Monday when he appeared before the Senate Committee on Finance to defend his ministry’s budget. Speaking at the red chamber, Mr Edun affirmed that the President Bola Tinubu-led government would rely on savings to boost the availability of funds to finance the 2024 budget, while also indicating
By – Adedapo Adesanya
By Adedapo Adesanya The Director-General (DG) of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has urged countries to prioritise subsidies that tackle the climate crisis, saying governments must start to distinguish between the good subsidies they need to fight the crisis and the bad ones that are increasing greenhouse gas emissions. According to the former Nigerian minister of finance, she said subsidies and other incentives to burn fossil fuels and encourage poor agricultural practices, amounting to about $1.7 trillion a year, are distorting world trade and hampering the fight against climate breakdown. In an interview with the Guardian, she
By – Adedapo Adesanya
By Adedapo Adesanya Nigeria won the most awards at the Confederations of African Football (CAF) Awards on Monday with Napoli’s striker, Victor Osimhen, named as the African men’s footballer of the year while his compatriot, Barcelona forward Asisat Oshoala, claimed the top prize in the women’s category. The Napoli striker is the first Nigerian player to win the award since Nwankwo Kanu in 1999, ending a 24-year wait after players like Jay Jay Okocha, John Mikel Obi, and Vincent Enyeama were ignored for the prize in recent years. Osimhen scored 26 goals, topping the Serie A scoring charts as he
By – Adedapo Adesanya
By Adedapo Adesanya FrieslandCampina Wamco Nigeria Plc triggered a 0.33 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Monday, December 11, putting an end to the recent positive run at the alternative bourse. According to data obtained from the exchange, the NASD Unlisted Security Index (NSI) decreased by 2.95 points to close at 883.55 basis points compared with last Friday’s 886.50 basis points, as the market capitalisation went down by N4 billion to settle at N1.197 trillion, in contrast to the previous trading day’s N1.201 trillion. FrieslandCampina Wamco Plc shed N2.34 during the trading day to quote
By – Adedapo Adesanya
By Adedapo Adesanya  The latest set of data released by the National Bureau of Statistics (NBS) showed that Nigeria recorded a rise in the Value Added Tax (VAT) and the Company Income Tax (CIT) paid to the nation’s purse in the third quarter of the year. VAT, which is a levy paid on goods and services produced within or imported into the country, saw a 21.3 per cent rise in value to N948.07 billion from N781.35 billion in the preceding quarter, Q2 of 2023. Comparatively, on a year-on-year basis, VAT collections in Q3 2023 increased by 51.6 per cent from
By – Adedapo Adesanya
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