Entertainment

Why businesses fail in Nigeria — Entrepreneur

Published

8 months ago

May 11, 2024

By Kayode Sanni-Arewa

An entrepreneur in Nigeria, Mrs. Odunayo Adams Oyebolu, has revealed why many businesses as well as business owners struggle in Nigeria.

Oyebolu, who is the MD/CEO of Everything Essentials Ltd. highlighted challenges of exchange rate, inability to account for profits in business, as some of the problems she faced coupled with what other business men and women face in Nigeria.

She noted that these challenges are not peculiar to Nigeria alone, but also around the world people go through the same thing.

According to her, “a lot of businesses in Nigeria are currently passing through these same challenges but do not know how to come out of it. Some of these businesses have even shut down due to the headaches that come with these challenges.

“Staff misappropriation, theft, indiscipline, inability to account for money that comes in and out of the business, not being able to separate your business as an entity from you as a person, inability to invest as a business, just the way you do as a person, inability to stay afloat of the recurring economic crises and a lot more”.

Worried by these challenges, Oyebolu said she has decided to organize a conference for business owners in Nigeria to address these teeming problems.

“The conference will help them hold their hands and make sure they do not give up in their businesses” she stated, highlighting the importance of the conference.

She added that: “I will be at the conference with a number of other industry experts who can help you have peace of mind in your business on Friday, June 7, 1024 at Venue NIMR, 6, Edmund Cresent behind Presbyterian church, Yaba”.

Entertainment

I received N80m tax bill after revealing my weekly income – Food critic Opeyemi Famakin

Published

9 hours ago

January 19, 2025

Kayode Sanni-Arewa

Celebrity food critic, Opeyemi Famakin, has revealed why he would no longer discuss his finances.

He said that he received N80 million tax bill hours after revealing his income in an interview.

Famakin disclosed that the Lagos State Internal Revenue Service, LIRS, contacted him through email in less than 48 hours after the revelation.

He made this known in his latest interview with media personality, Chude Jideonwo, while discussing his financial journey as a food critic.

Narrating the unexpected encounter and the timing, Famakin suggested that his public statement prompted the attention from the tax authority.

“Two days after I mentioned my finances, LIRS sent me an email, they billed me N80 million, I paid it o. It was like play.

“However, I would never talk about my finances again. Even though I told them ‘allegedly,’ they said no, but let’s not discuss it. I’m now a proud tax payer.”

The food critic had sparked online reactions in 2022, after claiming to be the highest paid food critic in Nigeria with N9 million earning in a bad week.

Entertainment

Funke Akindele express shock after fan ask about sex life

Published

1 day ago

January 18, 2025

Kayode Sanni-Arewa

Actress and producer Funke Akindele has expressed shock after a fan questioned her under her comment section about her sex life.

The producer took to her page to share some photos promoting songs from the soundtrack of her latest movie, “Everybody loves Jenifa”.

The photos shared online by Funke Akindele triggered diverse reactions from her fans. However, a comment from one of her fans caught the attention of many.

The fan asked Funke Akindele if she makes time for sex and intimacy amid her hard work. She asked:

“Mama hope u Dey get time dey collect preek u, u are trying with the hard work. Create time to collect preek and massage. I love u and all u do.”

Surprised, the actress responded, saying saying. “judasthebeadmaker ha!!! Madamu 😂😂😂😂🏃‍♀️‍➡️

Entertainment

I just asked Dami if anyone else slept with her after we broke up and she fainted – Portable breaks silence

Published

2 days ago

January 17, 2025

Austin Ojomah

*Unfollow her again

By Francesca Hangeior

Controversial Nigerian singer Portable is currently the talk of the internet following his reconciliation with his girlfriend, Queen Dami.

Recall that the former Oyo Queen had reconciled with Portable, months after their social media spat, which left many dragging her.

Defending his woman, Portable slammed trolls for trying to destroy his home.

According to reports online, the mother of one has been reportedly rushed to the hospital after fainting. A clip making rounds online showed the beauty entrepreneur lying on the lap of her friend as she was been driven to the hospital.

Reacting to the video, Portable revealed that Dami fainted after he queried her over her body count. He stated that he asked her if she had slept with anyone else during their fallout and she fainted.

“I asked her if anyone slept with her when we broke up, and she fainted. Why will she faint? No be you say you wan love me back? Before you say you no love me, now love don come. So love dey go dey come? Love come na scam, love no come na scam. I just asked her if they tear her or no tear her. And she fainted”.

The lovebirds have since unfollowed each other on Instagram.