News
Insecurity: We’re Reaping What We Sowed – Bishop Kukah
The Catholic Bishop of Sokoto Diocese, Matthew Kukah, on Friday, said Nigeria is reaping what it sowed following bandits and terrorists’ attacks across the country, most especially in the North.
He blamed the insurgency on the government’s inability to prioritize education of the young generation, warning that the situation may get worse.
The Catholic Bishop spoke in Abeokuta , Ogun State, while delivering a lecture at the 42nd Actualisation conference of Rotary International, District 9110.
The four-day conference attracted thousands of Rotarians from Lagos and Abeokuta.
The clergyman in his lecture described rising security challenges in Nigeria as the consequences of the young generation not having proper education.
He said “We are facing the challenges that are the consequences of our children not having education. Now everybody is fearing bandits, everybody is fearing Boko Haram, we are reaping today what we sowed yesterday and it will actually grow worse.
“We have millions of children, at least between 10 and 12 or 15 million children that are on the streets who are begging, each of these children are growing by the day, the Almajiri that is 10 now, in 10 years time he will be 20 years so unless we quickly do something the situation may go worse.”
He called on philanthropists, religious bodies and other humanitarian organisations to channel their efforts towards combating illiteracy.
Kukah said Nigeria “must try to combat illiteracy because there is no substitute for education and if we who are educated believe that we are secured then we must think again.”
In his goodwill message, former President Olusegun Obasanjo charged the Rotary club to redouble their efforts in creating a better world.
Obasanjo who spoke in a pre-recorded video, called on the club to continue to put service to humanity above every other thing.
The former President urged participants to use the opportunity of the conference to reignite the passion for helping the less privileged and impacting the society positively.
The District Governor, Ifeyinwa Ejezie, noted Rotary Club under her watch has done a lot in the area of its focus including basic education and literacy, maternal and child health as well as economic empowerment.
She said the District has taken the issue of mental health to another level by educating alot of people, adding that drug abuse among the youths was equally addressed by the club.
Ejezie reiterated the Rotary Club’s commitment to humanitarian activities within the district and across the world.
By Kayode Sanni-Arewa
Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.
Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.
Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.
“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.
On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).
“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.
“Together, we can give Esther a chance to live a healthy life again.
By Kayode Sanni-Arewa
The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.
This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.
The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.
Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government
Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.
The value of any nation’s currency is determined by aggregate supply and demand.
The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.
The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.
Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics
By Kayode Sanni-Arewa
The Chairman of FBN Holdings, Femi Otedola, has hosted music icons Burna Boy and Wizkid at his Lagos residence.
Otedola disclosed this in a post on his X handle on Wednesday.
Sharing a photo from the gathering, Otedola described the meeting as a privilege, expressing admiration for the impact of Afrobeats on the global stage.
He wrote, “A true privilege to host some of our biggest music icons @wizkidayo @burnaboy at my Lagos home. Always inspiring to share ideas and celebrate the global movement that is Afrobeats …F.Ote”.
Reacting to the post, Netizens applauded the gathering, describing it as a gathering of talent and vision
An X user, Ken Giami, who tweets as #ken_giami, “An incredible gathering of talent and vision! Afrobeats continues to shape global culture, and it’s always inspiring to see icons like #wizkidayo and #burnaboy leading the movement. Here’s to more growth and global impact!
Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs
Naira again falls against Dollar – February 26
Billionaire Otedola Hosts Burna Boy, Wizkid, At Lagos Residence (Photos)
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