Gist Carrier, Ojodu Berger, Lagos (2025)

04/12/2023

A Big congratulation to BLord the one and Lonely Boss Man

08/11/2023

Nigerian Exchange Extends Rally, Hits N38.9T

The Nigerian Exchange (NGX) extended the previous day's rally, having popped higher in the past two days amidst improved buying sentiment.

As a result, key performance indicators advanced to an all-time high with year-to-date return crossing 38%. Data from the Exchange showed that market performance indicators grew by +0.23% amidst stockbrokers' prediction that the local bourse would cross N40 trillion in market capitalisation in 2023.

Stockbrokers reported that after the closing session, the year-to-date return has advanced to 38.09%. It was noted that the market index or the All-Share Index increased by 159.71 basis points.

This represents an increase of +0.23% above Tuesday's record performance to close at 70,773.31 points. Data from the exchange showed that market activities improved further.

Total volume and total value traded for today increased by +24.27% and +79.88% respectively, according to Atlass Portfolios Limited.

Stock market analysts said approximately 558.34 million units valued at ₦9,794.18 million were transacted in 6,401 deals.

FBNH was the most traded stock in terms of volume, accounting for 37.70% of the total volume of trades, followed by UBA (9.65%), UNIVINSURE (7.85%), FIDELITYBBK (4.00%), and UNITYBNK (3.24%) to complete the top 5 on the volume chart.

Likewise, FBNH was also the most traded stock in value terms, with 41.30% of the total value of trades on the exchange.

JAPAULGOLD topped the advancers’ chart with a price appreciation of 9.87 percent, trailed by MECURE (9.80%), PRESTIGE (+9.76%), CORNERST (+9.72%), OMATEK (+9.62%), and twenty-three others.

Twenty-three stocks depreciated, according to a market update released by stockbrokers. CAVERTON was the top loser, with a price depreciation of -9.87%. Other losers include MEYER (-9.85%), SCOA (-9.60%), THOMASWY (-8.60%), UNITYBNK (-7.00%), and FIDELITYBK (-3.19%).

Based on the trading pattern, the market breadth closed positive, recording 28 gainers and 23 losers. In addition, the market sector performance was positive.

Today, three of the five major market sectors closed in green. The indices were led by the Insurance sector which grew by +2.67%, followed by the Industrial sector (+0.87%), and the Banking sector (+0.26%).

On the other hand, the Consumer goods sector dropped by -0.06%. The Oil & Gas sector closed flat. Overall, equities market capitalisation increased by ₦87.78 billion, representing a growth of +0.23%, to close at ₦38.89 trillion from ₦38.80 trillion yesterday.

08/11/2023

Rema's 'Calm Down' reaches 700 million views on YouTube in road to 1 billion

Rema's 'Calm Down' with Selena Gomez edges closer to 1 billion views.
Calm Down' has emerged as Afrobeats' biggest global export with the song topping charts in multiple countries and setting record-breaking streaming numbers.
In another landmark feat, 'Calm Down' music video with Selena Gomez has now reached 700 million views.
While both the videos of the original and the remake have cumulatively surpassed 1 billion views, the Selena Gomez-assisted version continues to aim for the lofty heights of becoming the first Nigerian music video to reach 1 billion views.

The single released in February 2022 as one of the lead singles off Rema's debut album 'Calm Down' has enjoyed unprecedented success across Africa and beyond.
The single topped charts in North Africa, India, and the Middle East which earned Rema a Guinness world record.

The single also reached a Nigerian peak position of NO. 3 on the Billboard Hot 100 and the UK Singles Chart while also charting in multiple countries across Europe.

'Calm Down' recently won the maiden Afrobeats category at the 2023 MTV EMAs where he fended off competition from other superstars like Davido, Burna Boy, and Asake.
As Afrobeats continues to grow internationally, Rema's 'Calm Down' has become the continent's biggest exported song which has earned Rema international recognition and commercial success that positions him to be Afrobeats' biggest act yet.

08/11/2023

'Adire' rakes in ₦8 million in opening weekend

New rankings in a shocking turn of events during the last weekend.
According to the Cinema Exhibitors Association of Nigeria (CEAN), the FilmOne Studios feature's earnings between October 3 - 5, 2023, placed it in the third position on the Nigerian box office charts.
Adire featuring Kehinde Bankole made its theatrical debut over the weekend, taking home a gross of ₦8 million.
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Adire follows the life of a young female fashion entrepreneur played by Kehinde Bankole, who has a dark past of being a s*x worker and must now contend with its consequences. It is solely created and written by Jack'enneth Opukeme who doubled as an actor in the film.
Directed by Adeoluwa Owu, also known as Captain Degzy, the cast includes Femi Branch, Kelechi Udegbe, Funlola Aofiyebi-Raimi, Ibrahim Chatta, Yemi Blaq, Yvonne Jegede, Lizzy Jay, Mike Afolarin, Tomi Ojo, Damilola Ogunsi, Onyinye Odokoro, Ifeanyi Kalu and Layi Wasabi.

The latest records released show that Adire displaces Small Talk by Biodun Stephen which was in the third position as of last week but is now fourth with ₦3.8 million.
However, in a shocking turn of events, Merry Men has crashed from the top of the chart to the second spot with a weekend gross of ₦10.7 million. American action Freelance, which recorded a gross of ₦13.2 million, kicked the crime thriller from the first position after three weeks of its reign.

So far, the third movie in the Merry Men franchise by Ay Makun has recorded a total gross of ₦94.8 million since its debut on October 13, 2023. It is still showing in cinemas nationwide alongside others like Adire and Small Talk.

08/11/2023

'BBNaija' winner Ilebaye's outfit at star-studded event causes stir
IBUKUNOLUWA DARAMOLA

The Gen Z baddie stepped out and showed out, and now her outfit has sparked a moral debate.

But the topic of conversation among social media users is the fact that she was topless under the blazer and had nothing but ni**le covers on. Though the covers stood firm protecting her, social media users have been buzzing, stating that she was essentially 'naked' at the event.

Davido held a party to commemorate the launch of his limited edition Martel drink and the event was attended by influential people including fellow Big Brother Naija winner Mercy Eke. In the clips posted to the internet, both ladies mingled, sang, danced and greeted the man of the hour Davido, however, social media users were more fixated on Ilebaye's fit.

Her outfit sparked discourse on Twitter, with some trolling her for being indecent, while others came to her defence noting that her chest was covered.

Despite the fact that she is trending, Ilebaye has not responded to the online criticisms.

COMMENTS:
A Promise on Twitter said, "I know she didn't dress like this when she was in the house (BBN) but after she pulled out as the winner with 120m she has forgotten about the word "DECENCY" Can you imagine what she is wearing showing her breast. So really Money can change someone"

Another Twitter user, Nina Blue, came to the 22-year-old's defense saying, "What is wrong with her outfit? You people should let Ilebaye breathe abeg."

08/11/2023

Kwara United will be ready for Shooting Stars clash – Coach Dogo.

Kwara United head coach, Kabiru Dogo, is optimistic that the team will adequately prepare for the matchday eight clash against Shooting Stars.

Dogo said the team will work on the lapses in their away defeat against Enyimba in Aba.

The Harmony Boys will host Shooting Stars at the Kwara State Sports Complex on Sunday.

He said, “You know the rivalry between Kwara United and Shooting stars. We will go back home to work on the challenges we noticed in our game against Enyimba.

“We hope for a positive result in the Derby game against Shooting Stars.”

Kwara United are 14th on the table with eight points.

08/11/2023

Messi didn’t deserve to win Ballon d’Or over Haaland, others – Singer Bayanni.

Nigerian singer, Oladokun Abimbola Elijah, better known as Bayanni, has said Argentine footballer, Lionel Messi didn’t deserved to win the 2023 men’s Ballon d’Or.

According to him, anyone else could have won it but not Messi.

DAILY POST recalls that Messi saw off competition from Erling Haaland, Kylian Mbappe and others to win a record-extending eighth award.

Reacting in a recent interview with Cool FM Nigeria, Lagos, Bayanni said the Inter Miami player didn’t do enough to win the award, arguing that a lot of other players have won the World Cup in the past and weren’t handed the Ballon d’Or.

He said, “Based on what I’ve been hearing from people, Messi won the Ballon d’Or because he won the World Cup. But many people collected World Cup trophies in the past and they didn’t win the Ballon d’Or.

“What I’m saying is that it should have been Haaland or somebody else but not Messi.”

08/11/2023

I refused to give him my son’s placenta – Mohbad’s wife on r/ship with father inlaw.

Omowunmi Aloba, wife of late singer, Ilerioluwa Aloba, also known as Mohbad, has narrated that her problem with her father-in-law began after she gave birth to her son.

Wunmi told the Lagos coroner’s inquest on Wednesday that her relationship with Mohbad’s father was strained because she refused to give him her son, Liam’s placenta.

According to her, she only supported Mohbad in this decision and it led to a series of arguments.

Wunmi also debunked Mohbad’s father’s claim that he saw a blood-soaked bucket in Mohbad’s room.

She insisted that the “blood” was from a minor cut and what was soaked up was water.

08/11/2023

Nobody Is Ripping Me”: Young Duu Defends Carter Efe After Nigerians Blasted Singer Online

Upcoming Nigerian musician Young Duu, has finally reacted to claims that Carter Efe is trying to cheat him.

It was earlier reported that many social media users accused the skit maker of trying to rip Young Duu after his name was not added to their new song together.

Young Duu defended Carter Efe against critics.

The upcoming musician went on his Instagram Live to address the issue.

According to the former Zeh Nation signee, Carter Efe was not trying to cheat him.

He noted that many people have ripped him in the past, but that was not the case with the Machala singer

08/11/2023

Haaland scores twice as Manchester City clinchs Champions League last 16 place
Erling Haaland scored twice as holders Manchester City cruised into the last 16 of the Champions League with two group games remaining.

This was after a 3-0 victory over Swiss side Young Boys on Tuesday.

Pep Guardiola’s side maintained their 100 per cent record and led Group G with 12 points from four games.

Young Boys, who were reduced to 10 men when Sandro Lauper was shown a red card in the 53rd minute, are fourth in the group with one point.

“Still the job is not done because we have to finish first because it’s better in the last-16 to have the weapon of the second game at home,” Guardiola said.

“But the first step to qualify is done, (and) we scored two fantastic goals.”

Haaland now has 39 Champions League goals from 34 appearances and is on course to smash the record for fewest appearances to reach 40 goals, which is 45 games by Ruud van Nistelrooy.

The 23-year-old injured his ankle in Saturday’s 6-1 trouncing of Bournemouth in the Premier League, raising questions about whether he would even play on Tuesday.

The one negative on the night was the loss of John Stones, who recently returned from a hip injury but was replaced at halftime after suffering what Guardiola said was a muscle issue.

“He will be awhile out, it’s a pity, it’s bad news for us,” Guardiola said.

City applied pressure from kickoff and Haaland broke the deadlock with a penalty in the 23rd minute after Lauper’s tackle on Matheus Nunes in the box.

The Norwegian striker pumped a fist in the air after sending goalkeeper Anthony Racioppi the wrong way.

Phil Foden doubled City’s lead seconds before halftime when Jack Grealish spotted him out wide.

The England midfielder cut into the box and beat Racioppi with a low shot.

Haaland’s second goal – and fourth in two games against Young Boys – was a beautiful left-footed rocket from 20 yards out in the 51st minute.

Haaland had traded shirts with Young Boys captain Mohamed Ali Camara as they walked off the field at halftime.

He was substituted to a standing ovation from the home crowd a few minutes after his goal.

The score could have been more lopsided as City had numerous near misses including Rico Lewis’s attempt that looked destined for the net before it was cleared off the line by Loris Benito.

Belgian forward Jeremy Doku sent in a pinpoint cross after coming on late in the game, but Nunes could not finish.

“We knew it’s very difficult here, to get a point or a win, you need to have the kind of a game, the perfect game in every phase of the game,” Young Boys manager Raphael Wicky said.

City are unbeaten in their last 17 Champions League games since losing 3-1 away to Real Madrid in the semi-finals in May 2022.

“To qualify with two games to spare, that is what we wanted to do,” Grealish told TNT Sports.

“He (Guardiola) gives us so much. In my opinion, he is the best manager in the world.

“He has shown that over the years. You can have the best manager in the world, but you also need the team.

“And that is what we have, a brilliant team on the pitch but also off the pitch we have a brilliant team that is so close.

“We love being with each other every day and playing with each other.”

City host RB Leipzig on Nov. 28 and then cap the group stage with a visit to Red Star Belgrade on Dec. 13.

08/11/2023

Brent Rebounds, after Significant Price Slumps in Oil Market

Brent crude oil price rose moderately midweek while West Texas Intermediate (WTI) slumped further following a significant price slump on Tuesday amidst conflict in the Middle East.

ICE Brent traded at $81.72 per barrel. a 0.13% rise from the closing price of $81.61 a barrel in the previous trading session on Tuesday.

The American benchmark West Texas Intermediate (WTI) traded at the same time at $77.32 per barrel, down 0.06% from Tuesday's close of $77.37 per barrel.

The American Petroleum Institute's (API) announcement on Tuesday of an estimated rise in US crude oil stockpiles of 11.9 million barrels, against the market expectation of a decline of 300,000 barrels, indicated a fall in the world's biggest oil-consuming country's oil demand, driving prices down.

Economic data in China, the world's biggest crude oil importer, raised doubts about the demand outlook. China's customs office reported a year-over-year drop of 6.4% in the country's exports to $274.8 billion, marking the sixth straight month of export declines from China.

Chinese October trade data released yesterday showed a fall in the trade surplus last month with weaker exports. However, imports were stronger, including crude oil. Crude oil imports averaged 11.58MMbbls/d in the month, up 3.7% month on month and 13.5% higher year on year

Analysts said this leaves cumulative imports for the year at 11.41MMbbls/d, up 14.4% year on year, adding that stronger imports over the course of this year may reflect a recovery in domestic demand, while there will also be a fair amount of stock building.

The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and traded to its lowest level since July. Meanwhile, WTI settled below US$80 for the first time since August.

The market is clearly less concerned about the potential for Middle Eastern supply disruptions and is instead focused on an easing in the balance, ING commodities strategists said in a note.

They noted that there are clear demand concerns hovering over the market, and supply dynamics have also played a role. For example, Russian seaborne crude oil exports have grown in recent months, which suggests that Russia is not sticking to its additional voluntary cut.

The recent price weakness is likely to lead to growing noise from OPEC+ and in particular from Saudi Arabia, said ING commodities strategist on Wednesday.

Whilst Saudi Arabia and Russia confirmed that they would continue with their additional voluntary cuts through until the year-end, it is increasingly likely that they will extend this into the New Year if this downward pressure continues.

“The Saudis would like to keep Brent above US$80, as this is roughly where their fiscal breakeven price is. Our oil balance shows that the market will be in surplus in 1Q24, so further cuts are something we could certainly see”.

The weakness seen yesterday is likely to continue today, according to ING. The API released inventory numbers overnight which were bearish. US crude oil inventories increased by 11.9MMbbls over the last week, while Cushing crude oil stocks grew by 1.1MMbbls.

For refined products, gasoline inventories fell by 400Mbbls and distillate fuel oil stocks increased by 1MMbbls. The more widely followed EIA inventory report will be released later today.

In the EIA’s latest Short-Term Energy Outlook, there was little change to US crude oil production estimates. US crude oil output is expected to average 12.9MMbbls/d this year, up 1MMbbls/d YoY, while supply growth is expected to be much more modest next year, increasing by less than 250Mbbls/d to average 13.15MMbbls/d

08/11/2023

Rashford is fit but Casemiro and Martinez are out long-term, says Ten Hag
Manchester United striker Marcus Rashford is 100 per cent ready to face FC Copenhagen in Wednesday’s Champions League trip after missing last weekend’s 1-0 win at Fulham, manager Erik Ten Hag said.

However, United have been hit with a double injury blow as Brazil midfielder Casemiro and Argentina defender Lisandro Martinez are likely to be sidelined until late December.

“Casemiro and Martinez are really strong injuries, I don’t expect them back before Christmas,” Ten Hag told a news conference on Tuesday.

Casemiro picked up a hamstring injury in the League Cup fourth-round loss at home to Newcastle United last week.

Also, Martinez has had a second operation on a recurring foot problem he first suffered against Sevilla in April.

Rashford, who suffered a knock in training before the Premier League clash, was criticised by Ten Hag for attending his birthday party celebrations.

This was hours after last month’s 3-0 home defeat by Manchester City, calling it “unacceptable”.

“Rashy missed a game because of a small knock. He is 100 per cent (ready). Marcus is very committed to Manchester United.

“He is putting in a lot of work in training to get back to fitness,” Ten Hag said of the England international.

Despite the intense criticism over his side’s performances, the Dutchman was confident they will continue to improve.

“The only thing for us is (to get) three points (at Copenhagen). We have to put ourselves in a position to go through (to the last 16),” he said.

United are third in Group A with three points above the Danish champions who have one point.

Bayern Munich leads the table with nine points ahead of Galatasaray on four.

Ten Hag believes United can get back to winning ways but they need a settled team to produce their best football.

“Getting more to our best eleven and getting routines into the team,” he said.

“So far, we have had to change a lot of things. The balance in midfield is not there.

“I am sure that when we have it, we will play better,” he added.

08/11/2023

Dunnie Becomes Spotify’s Equal Africa Ambassador for November
Spotify, an online streaming platform, has announced Afro-fusion singer and songwriter, Dunni Lawal, popularly known as “Dunnie” as its EQUAL Africa ambassador for November.

Phiona Okumu, Spotify’s Head of Music for sub-Saharan Africa, disclosed this in a statement on Tuesday in Lagos.

She said Spotify’s partnership with Dunnie signalled its dedication to fostering diversity, equality and inclusion within the music community.

“Spotify is thrilled to announce Dunnie, the multi-talented Nigerian artiste and producer, as its EQUAL Africa ambassador for November.

“This announcement underscores Spotify’s commitment to promoting diversity and inclusivity in the music industry.

“We are delighted to have Dunnie as our EQUAL Africa ambassador for November 2023.

“She embodies the spirit of diversity and creativity that we aim to champion with this initiative.

“Dunnie’s music has touched the hearts of many, and we believe that her story and her voice will inspire others within and beyond the African music community,” she said.

Okumu described Dunnie as a record producer who had captured the hearts of audiences with her soulful and melodious sound, earning her a dedicated fanbase.

She said with an impressive musical background, Dunnie first gained recognition as a finalist on the popular music show ‘StarThe Winner Is’ in 2014.

She said since then, Dunnie had consistently exceeded expectations by writing, producing, and providing background vocals for both international and local award-winning artistes.

She said some of the artists were: Burna Boy, Yemi Alade, Kidi, Falz, Oxlade, Becca, Busiswa and Sean Tizzle, among others.

“Dunnie gained fame for her hit singles, including Oveedose featuring Oxlade, ALREADY Won featuring Chike, and her recent release, DND.

“Her past collaborations have been highly successful, leading to a nomination at the All Africa Music Awards in 2021 for her outstanding feature in “Love Song” by Busiswa.

“Notably, Dunnie recently produced two songs, ‘Nobody Holy’ and ‘Dues,’ for Nigerian superstar Wande Coal’s latest album, “Legend or No Legend.”

Responding, Dunnie expressed her enthusiasm for the opportunity.

She said: “My experience working in a male-dominated industry has been a learning curve and although challenging

“It has been a blessing being part of the people breaking barriers in an uncharted territory.

“I am immensely honoured and grateful to be part of the EQUAL programme and I hope to inspire more women to know that they too can do whatever they put their mind to.

08/11/2023

Xbusta Promises an Unforgettable Experience at a Music Concert

Budding musician, Okafor Golden Chinedu, popularly known as Xbusta, says his forthcoming music concert titled “Xbusta Live in Concert,” will be an unforgettable experience and a testament to the power of resilience.

Xbusta disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos.

According to him, the “Xbusta Live in Concert,” is not just about the music but an opportunity to connect with fans.

“This coming concert is a testament of not giving-up the dream but also to motivate music artistes to always believe and put God first.

“Despite all the odds of not having a proper record label and the current hard state of the country, we didn’t see that as a barrier but had our faith in God.

”I’m eagerly looking forward to connecting with my fans. We’ve put our hearts and souls into making this concert an unforgettable experience.

“This concert is more than just music; it’s an occasion for fans to witness an exceptional live performance and celebrate the extraordinary talent that I’m bringing to the stage,” he said.

NAN reports that Xbusta Live in Concert is scheduled to hold on Thursday at Terra Kulture, Victoria Island, Lagos.

The concert will also feature performing artistes like Ice-Prince, Majeed, Hot kid, Lyta, Efe Money, Dandizzy, JayWillz and others.

Xbusta also a rapper, song writer and general entertainer, hails from Orlu Local Government Area, Imo State, Nigeria.

He has shared stage with the likes of Kcee, Skiibi, MI, Praize, Olamide, Phyno, Dr Sid, Naeto C, Harrysong and Davido and among others.

He was signed to the Five Star Music Group in 2016. He has also worked with Vector, Splash, 2face and many other legends.

08/11/2023

Customs Service Increases Monthly Revenue Collection from N202bn To N334bn

Controller-General of Nigeria Customs Service, Mr Adewale Adeniyi, says the service has recorded an impressive surge in monthly revenue collection from N202 billion to N333.9 billion in the past four months.

Adeniyi made the declaration on Wednesday in Abuja at a national workshop on legislative compliance.

The workshop has: “The imperatives of legislative compliance in deepening democracy and good governance’’ as its theme.

He said the service collected an average revenue of N202 billion in the first half of the year.

He added that in the past four months, however, monthly revenue collection surged to N333.9 billion between July and October, showing a 65.5 per cent increase.

Adeniyi explained that the Customs partnership with the National Assembly had yielded positive outcomes through a review and enhancement of tariff structures and regulations.

He said the NCS had managed to optimise revenue collection and ensured that funds were available for national development projects.

“One of our early achievements has been a remarkable boost in monthly revenue collection.

“I am delighted to announce that we have consistently exceeded the monthly target collection of N307 billion, marking a remarkable departure from previous performances.

“The joint efforts of the NCS and the legislative arm of government have allowed us to respond effectively to public concerns and petitions,’’ he said.

Speaking on challenges faced by the Customs Service, Adeniyi said it often encountered budgetary constraints that limited its capacity to effectively enforce compliance.

The limitations, he explained, could affect the acquisition of modern technology; the organisation of training and the recruitment of personnel required for effective enforcement.

He stressed that inadequate infrastructure and technology at border posts could impede the Customs Service's ability to inspect and regulate trade effectively, leaving room for non-compliance.