Nigerian CEO’s last words on video haunt viewers after death

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February 17, 2024

Video of Late Access Bank CEO Herbert Wigwe's last birthday gets Nigerians talking (Watch)

A video gone viral. A nation in mourning. The sudden passing of Herbert Wigwe, Access Bank’s CEO, has left a gaping hole in Nigeria’s financial landscape and a void in the hearts of countless people. But amidst the grief, a heartwarming video of his birthday celebration has emerged, offering a glimpse into the kind of man he was – a leader who inspired, a philanthropist who helped, and a human being who left an indelible mark.

The footage isn’t just balloons and cake. It’s the genuine joy on his employees’ faces, the infectious laughter, the sheer unadulterated love radiating from the room. It’s a stark contrast to the cold reality of the helicopter crash that took him, his wife, and son away.

Tribute from the masses

Wigwe wasn’t just a suit in a boardroom. He was “the helper to millions,” as many called him. Sujimoto81, a fellow entrepreneur, echoed this sentiment: “His fire, determination, and generosity captivated my admiration.” People saw in him not just a successful businessman, but a beacon of hope, a hand extended in times of need.

One social media comment, perhaps grasping at straws in the face of tragedy, noted: “The look in his eyes… like he felt like he was about to go home.” Whether a premonition or simply wishful thinking, it adds another layer to the bittersweetness.

His passing resonates deeply beyond the corporate world. Nigerians, ordinary people whose lives he touched, are pouring out their grief. The video, though tinged with sadness, serves as a testament to the impact he had. It’s not just about his achievements, but about the warmth he brought to the world.

Tears flow freely, yes. But amidst the sobs, there’s a smile, a memory, a reminder of the good he did. This birthday song turned eulogy paints a picture of a life well-lived, a legacy of kindness, and a man who will be remembered not just for his success, but for the love he shared. Perhaps that’s how he would have wanted it – not just remembered for his climb to the top, but for the hand he extended on the way up.

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Read this: Bolaji Agbede Leads Access Holdings as CEO

Inter Milian are 10 points clear: In Seria A!

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David Abi

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February 17, 2024

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1O Points clear!

Inter Milan extended their lead in Serie A to 10 points on Friday, defeating Salernitana 4-0 ahead of their Champions League match against Atletico Madrid.

Simone Inzaghi is on track to secure his first league title as a coach with a dominant Inter squad that easily dispatched Salernitana, who are currently at the bottom of the league.

Duo scores 2 goals in 2 minutes!

Inter’s star strike duo Marcus Thuram and Lautaro Martinez kicked off the scoring with two goals in just two minutes during the first half. Denzel Dumfries added a third goal shortly before halftime, while Marko Arnautovic sealed the victory with a late goal.

Once again, Inter displayed their strength, fielding a lineup close to Inzaghi’s preferred starting XI. They aim to surpass local rivals AC Milan in winning 20 league titles.

“It’s fantastic because the team is performing at a very high level… I’m really happy about that,” said Inter captain Martinez to DAZN.

Juventus could reduce the Gap!

Juventus could reduce the gap to seven points with one more game played if they win against struggling Verona on Saturday.

However, Inter has won all eight matches since the start of the year and appears superior to their rivals as they prepare for Atletico Madrid’s visit in the first leg of their last 16 tie on Tuesday.

“This team is definitely different from last year; we’ve had many changes, but we must continue to strive for improvement and focus on the next game,” Martinez added.

“Tuesday is crucial for us… so we need to maintain the same mindset, rest a bit, and approach the game with serious intensity.”

Salernitana faced a tough challenge in their first match under Inzaghi’s former Lazio teammate, Fabio Liverani, who took over from Filippo Inzaghi earlier this week.

Liverani faces a significant challenge as Salernitana are currently six points behind Sassuolo, who are just above the relegation zone. Sassuolo will face Champions League contenders Atalanta on Saturday night.

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WE ARE NOT INSTERESTED IN EMPTY TALKS NLC!

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David Abi

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February 17, 2024

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Nationwide strike Lums(NLC)

The Nigeria Labour Congress (NLC) has instructed its members and affiliate unions to mobilize for a two-day nationwide protest on February 27 and 28 if the federal government doesn’t fulfill the agreements signed in October 2023.

The two-day nationwide protest, as outlined in the communique signed by NLC President Comrade Joe Ajaero and Acting General Secretary Comrade Ismail Bello, is scheduled to occur following the expiration of the 14-day ultimatum previously issued by the organization.

Comrade Ajaero of the NLC, addressing newsmen at the end of the union’s National Executive Council (NEC) meeting in Abuja, instructed his members to standby for an indefinite strike. This strike would commence seven days after the nationwide protest if the government still fails to meet its demands.

Ajaero stated that Labour no longer has interest in empty talks.

Ajaero emphasized that Labor seeks action, not mere government dialogue, urging immediate implementation of agreements to restore faith in democracy as Nigerians face survival challenges.

A communique read by the Congress President at the end of the meeting noted that on Monday, 29th May 2023, President Bola Tinubu announced during his inaugural speech the withdrawal of Subsidy on Premium Motor Spirit (PMS) in Nigeria.

That singular pronouncement immediately caused the price of the product, central to transportation and power in Nigeria, to escalate nationwide. This threw the nation into turmoil and confusion, leaving citizens stranded and increasing suffering, hardship, and angst among the populace.

October 2 Agreement!

“We held a series of meetings with the federal government, ultimately resulting in the signing of an Agreement, now referred to as the October 2 Agreement.” This Agreement contained several safeguards which we had believed if implemented conscientiously would have gone a long way to ameliorate the suffering and hardship that the ill-conceived and ill-implemented policies of the government have foisted on the masses and workers.

“The NEC-in-session considered the unfortunate state of our nation; the huge suffering pervading the nation, the general crisis of living, the outrage expressed by the majority, and the increased attendant fears of the continued consequences of these Policies and the persistent refusal of the Government to implement the tenets of the October Agreement.

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“Veekee James Responds to Twerking Videos”

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David Abi

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February 16, 2024

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TwerkAtoon Video of Veekee James.

Celebrity fashion designer Veekee James has taken to social media to react to the trending old videos of her making the rounds on social media.

Veekee James has been one of the trending conversations online as video of her twerking resurfaced online.

The celebrity fashionista has become a topic of discussion after getting to her lover Femi Atere in a star-studded wedding.https://www.intelregion.com/entertainment/celebrity-designer-veekee-james-reacts-as-her-old-videos-twerking-so-hard-resurfaces-online/

VeekJames Biography, Net worth Etc

Naijaeyes discovered that old clips of Veekee James twerking in a tight-fitting short dress surfaced, before she embraced a more conservative lifestyle.

One of the videos depicts Veekee James energetically jumping and moving her waist in a surprising manner, which caught the attention of many online users.

Other video shows her sensually moving her backside until her short dress reveals more than expected, igniting a frenzy on the internet.https://naijaeyesblog.com/

Now her bio.

Veekee James, also known as Victoria James, is a well-known Nigerian fashion designer, entrepreneur, makeup artist, content creator, social media influencer, and public figure. Born on June 26, 1996, in Ajegunle, Lagos State, Nigeria, she is originally from Akwa-Ibom State.

Veekee, the fashion designer, turned 27 in 2023 and her zodiac sign is Cancer, based on her birthdate. Victoria James is the CEO of VEEKEE JAMES, a popular fashion brand in Nigeria.

Family

The serial entrepreneur grew up alongside her two brothers, her father and mother. Her mother was a tailor who made great designs, she learnt the craft from her mother.

Education

The fashionista completed her primary and secondary school in Lagos state. Also, she went to the University of Uyo to pursue a degree in Biochemistry, but she dropped out of the school to focus on her fashion business.

Career

Victoria James is a Nigerian fashion designer, stylist and professional makeup artiste. Victoria is known for making custom dresses for brides and celebrities for red-carpet events. A very popular in the Nigeria entertainment industry as many rely on her to make gorgeous dresses for their events.

veekeejames has made a name for herself in the fashion industry while attracting many high profile client.

Some of her clients includes; the likes of Mercy Chinwo, Osas Ighodaro and many more personalities/celebrities.

Her social media handle is @veekee_james.

“Davido Laments over Professions”

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David Abi

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February 16, 2024

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DAVIDO LAMENTS OVER CHOICE OF PROFESSION

Nigerian Afrobeats superstar Davido stirred a heated debate online after he expressed his astonishment at the lavish lifestyle of footballers
Naijaeyes, reported that the singer recently received a luxury Rolex watch from Dutch football sensation Memphis Depay
Following that, the DMW boss took to social media to think about the career path he had chosen. “Footballers Dey enjoy ooooo … be like I chose wrong profession.https://naijaeyesblog.com/

THE REVELATION

The revelation came after he received a high-end Rolex timepiece as a gift from Dutch football sensation Memphis Depay for his 30th birthday. The Grammy-nominated singer shared a moment of reflection and joked that he may have chosen the wrong profession. Read more: https://www.legit.ng/entertainment/celebrities/1579125-i-chose-wrong-profession-davido-cries-money-footballers-make/

Davido Linkup with Juventus Star Paul Pogba

Davido links up with Paul Pogba naijaeyes got a clip showing the moment Davido linked up with former Manchester United midfielder Paul Pogba. In the viral clip, both superstars exchanged pleasantries after sharing a warm hug. In another report, Manchester United football club handed Davido one of their jerseys. Man Utd shared a lovely picture of the DMW label boss posing with one of their jerseys with the iconic number 7 and the singer’s name on it. http://naijaeyes blog.com/

There has been a worldwide debate about whose money is more, Football Money, Or Music Money?

We will take a survey for all to see who is the king when it comes to making money from your craft.

It was gathered that Christiano is the richest sportsman in the world, with an estimate that you should google yourself. lol either way we are proud of our music.

We ask who is Davido in the music industry. Here is a short bio. According to Wikipedia,

David Adedeji Adeleke OON, who is known professionally as Davido, is a Nigerian-American singer, songwriter, and record producer. He is regarded as one of the most important Afrobeats artists of the 21st century and is credited alongside Burna Boy and Wizkid for popularizing the genre globally.

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BREAKING! House of Reps moves to end sports betting.

By

David Abi

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February 16, 2024

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Forget yellow cards and penalties, the House of Representatives is brandishing a red card to the booming sports betting industry. In a move that surprised many, lawmakers voted to halt sports betting nationwide, citing its detrimental impact on individuals and society.

The decision came after a passionate plea from Rep. Kelechi Nwogu, who painted a grim picture of the industry’s dark side. He highlighted the alarming statistic that 60 million young Nigerians – a staggering number! – are actively placing bets, often with tragic consequences.

Mental health issues like depression and anxiety, strained relationships due to financial woes, and even suicides were linked to excessive gambling by Rep. Nwogu. He argued that weak regulations have allowed this problem to fester, leaving individuals and families vulnerable.

But the fight isn’t over yet. This is just the first whistle blow. The House has mandated a multi-pronged approach to tackle the issue. The National Lottery Regulatory Commission (NLRC) is under the spotlight, urged to adhere to its 2005 mandate and tighten regulations. Public awareness campaigns will be launched to educate Nigerians, especially young people, about the dangers of excessive gambling. Additionally, a public hearing will delve deeper into the “dangerous effects” of sports betting, paving the way for further legislative action.

This move has sparked heated debate. Some hail it as a necessary intervention, while others worry about the economic impact and potential job losses. Regardless of your stance, one thing is undeniable: the Nigerian government is taking a bold step to confront the dark side of the sports betting boom. Will this be a game-changer? Only time will tell, but the stakes are high – the well-being of millions of Nigerians hangs in the balance.

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Tinubu calls crisis talks: Governors meet as Nigeria boils

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David Abi

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February 16, 2024

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Tensions simmered as President Bola Ahmed Tinubu convened an emergency meeting with state governors at the Presidential Villa. With Vice President Kashim Shettima, Chief Nyesom Wike of the FCT, and police chief Kayode Egbetokun in attendance, the room hummed with the weight of national hardship.

The specter of skyrocketing food prices, escalating insecurity, and a teetering economy cast a long shadow. Though details remain under wraps, Tinubu’s directive to his economic team speaks volumes: find solutions, and fast.

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The urgency extends beyond this meeting. A 102,000-ton emergency stockpile of essentials like rice and maize underscores the gravity of the situation. These measures aim to quell simmering public discontent, evident in protests and rising crime.

But this is just the first course. Next comes the National Economic Council meeting, helmed by VP Shettima. Can this collaborative effort cook up solutions palatable to all?

Not everyone will stay for dessert. After this marathon session, Tinubu embarks on a diplomatic mission to Ethiopia for the African Union summit. Education for the 21st century tops the agenda – a poignant contrast to the immediate challenges back home.

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But even on the world stage, Nigeria’s woes won’t be forgotten. Tinubu, chair of the regional ECOWAS body, will attend an extraordinary summit, ensuring Nigeria’s voice is heard.

Will solutions be found at these high-level talks? Only time will tell. But one thing is certain: the pressure cooker is boiling, and Nigerians are waiting for the heat to be turned down.

Read this: Peseiro hails Tinubu: “Honored, proud”

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Naija lady aces Petroleum Eng, wins top student award!

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David Abi

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February 16, 2024

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Precious Okon isn’t just another graduate. This Nigerian phenom has emerged as the valedictorian of Nile University, Abuja, with a mind-blowing 5.00/5.00 GPA in Petroleum and Gas Engineering. Forget Dean’s list, she rewrote it!

But her brilliance goes beyond textbooks. Precious juggled her studies with a leadership trifecta: President of the SPE Nile University Chapter, Nile Christian Fellowship, and an Energy4Me Ambassador. Oh, and she planted 100 trees for Earth Day!

Her dedication earned her not just the university’s top student award, but also the 2022 SPE Student Chapter Excellence Award (second-highest globally!) and the 2021 Girl in STEM Leadership Award. Talk about breaking barriers!

Precious’ story is an inspiration to aspiring engineers and leaders everywhere. This young woman is setting the bar high, proving that academic excellence and social impact can go hand-in-hand. Watch out, world – Precious Okon is just getting started!

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INEOS fuels Utd change: Ashworth, Wilcox targeted

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David Abi

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February 16, 2024

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An Applaud

Manchester United manager Erik ten Hag is riding a wave of optimism fueled by INEOS’ recent investment, and his sights are set on a key figure to spearhead the club’s footballing renaissance: Dan Ashworth, currently the sporting director at Newcastle United.

Ten Hag, impressed by INEOS’ ambition, expressed his alignment with their goals for the club. “The players and staff are aligned with the ambitions of INEOS,” he declared, “We want to win and achieve the highest.” However, a major hurdle lies in their quest for Ashworth – Newcastle wouldn’t let him go easily.

Ashworth, known for his astute transfer dealings and talent development during his stints at West Brom, Brighton, and now Newcastle, has emerged as the top target for the proposed new football operations role at Old Trafford. He boasts a track record of identifying hidden gems like Moises Caicedo, Kaoru Mitoma, and Bruno Guimaraes, highlighting his potential value to United’s struggling transfer strategy.

While formal talks haven’t commenced, Ashworth reportedly remains open to the idea. However, Newcastle wouldn’t budge without a fight. Understandably, they’d demand significant compensation for this valuable asset, and a gardening leave wouldn’t be out of the question.

What’s coming!

Ten Hag, recognizing the need for targeted recruitment, stressed the importance of a sporting director like Ashworth. “It’s important to have the right players and the right characters,” he stated, “Developing a good team means having good communication to get the right players.”

Meanwhile, another name floats on United’s radar: Jason Wilcox, Southampton’s director of football. His connection with incoming CEO Omar Berrada from their Manchester City days makes him a potential collaborator for Ashworth in the new structure.

Whether United can convince Newcastle to relinquish Ashworth, or if Wilcox emerges as a viable alternative, remains to be seen. But one thing’s clear: Ten Hag and INEOS are determined to shake things up at Old Trafford, and a revamped football operation might just be the first domino to fall.

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Mbappe bids adieu to PSG: Summer transfer confirmed!

By

David Abi

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February 16, 2024

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Mbappe confirms PSG exit, and Real Madrid beckons with (partial) open arms

Mbappe’s Parisian reign ends this summer! The French wunderkind has informed PSG president Nasser Al-Khelaifi of his decision to leave, setting the stage for a potential mega-transfer to Real Madrid. But hold your horses, Madridistas, there’s a twist: Mbappe might need to tighten his belt for this dream move.

PSG sighs of relief, whispers of “hasta la vista, baby”: Let’s be honest, this wasn’t a surprise. Mbappe declined the contract extension, costing PSG a whopping £180m annually. While relieved to close this chapter, the club’s new direction focuses on a “more youthful squad focused on the collective,” with Neymar, Messi, Ramos, and Verratti already shown the door.

Real Madrid: Ready to splash, but not THAT much: They may be prepared to make Mbappe their highest-paid player ever, but let’s face it, no one, not even Real, can match his current PSG earnings. Talks are ongoing, and despite the pay cut, the club remains optimistic about securing him by March/April. Remember, even their current top earner gets “only” £20m per year.

Is Mbappe’s future blanca-tinged? While Real Madrid seems like the frontrunner, stay tuned! The transfer saga continues, and Spanish football expert Alvaro Montero offers his insights and juicy details in the attached video. He dives deep into the ongoing negotiations and Real Madrid’s perspective, revealing how they believe Mbappe’s current salary is partly due to their rejected 2021 offer.

Don’t miss out! Watch the video to unravel the full story: Mbappe’s departure, the potential pay cut, and Real Madrid’s tempting (yet slightly discounted) offer. This transfer window promises fireworks, and you won’t want to miss a spark!

Watch the full commentary here:

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Madrid’s Mbappe gamble: Pay cut or lost dream?

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David Abi

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February 16, 2024

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The summer transfer window is heating up, and Spanish football expert Alvaro Montero delves into the potential destinations of four highly sought-after players: Kylian Mbappé, Martin Ødegaard, Cristiano Ronaldo, and Pierre-Emerick Aubameyang.

Mbappé to Madrid: A Dream Realized?

The news that French wunderkind Kylian Mbappé will leave Paris Saint-Germain has sent shockwaves through the football world. Real Madrid has long been his dream club, and according to Montero, this dream is close to becoming reality. “There’s almost an agreement in place,” he suggests, citing Mbappé’s rejection of PSG’s renewal offers and Real Madrid’s financial muscle. The transfer would mark a significant coup for the Spanish giants, bolstering their attack with one of the most exciting young talents in the game.

Ødegaard Seeks Greener Pastures at Arsenal?

Another player linked with a move away is Martin Ødegaard. The Norwegian midfielder, currently on loan at Arsenal, has impressed with his creativity and leadership. While Real Madrid holds his official registration, Montero believes their patience with Ødegaard has worn thin. Arsenal, meanwhile, are keen to make the loan permanent, and their financial strength positions them well in the race for his signature. A transfer to the Emirates could provide Ødegaard with the platform to fully blossom into the star he’s long been touted to be.

Ronaldo’s Return to Madrid: A Bridge Too Far?

With Mbappé potentially arriving, questions swirl around Cristiano Ronaldo’s future. Rumors of a sensational return to Real Madrid have captured the imagination of fans, but Montero throws cold water on this possibility. “Real Madrid are looking towards the future,” he explains, highlighting their pursuit of younger talents like Mbappé and Erling Haaland. While a Ronaldo return would undoubtedly generate excitement, it seems Real Madrid’s focus lies elsewhere.

Aubameyang: A Lifeline for Barcelona’s Attack?

Barcelona, reeling from the loss of Lionel Messi, are desperately in need of attacking firepower. Pierre-Emerick Aubameyang emerges as a potential solution. His experience in La Liga with Barcelona’s rivals, Real Madrid, and his proven goalscoring record make him an attractive option. However, Barcelona’s well-documented financial woes cast a shadow over their transfer ambitions. Can they afford Aubameyang, and would he be willing to join a club in such turmoil?

Montero’s analysis paints a picture of a transfer window brimming with possibilities. While some deals seem all but certain, others remain shrouded in uncertainty. One thing is for sure: the coming weeks promise to be a rollercoaster ride for fans and clubs alike as the transfer dominoes continue to fall.

Watch the full commentary here:

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Tiwa Savage Overjoyed by Shocking Valentine’s Surprise!

By

David Abi

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February 15, 2024

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Nigerian Songstress Tiwa Savage Receives Luxurious Valentine’s Day Surprise

February 14th saw renowned Nigerian singer and songwriter Tiwa Savage the recipient of a lavish and unexpected Valentine’s Day surprise. Sharing the experience on her Instagram account, Savage documented her speechless reaction as she discovered her home transformed into a romantic haven, adorned with an abundance of beautiful roses, vibrant red balloons, and flickering candles.

The video, which quickly garnered significant attention, sparked curiosity and conversation amongst fans. Many expressed delight for the singer, showering her with congratulatory messages and well wishes. Others, fueled by the air of mystery surrounding the sender, playfully speculated about the identity of the anonymous admirer.

Sensational Moment

“Wow wow wow… abeg thank you to whoever this is from ooo,” Savage wrote in her caption, expressing her overwhelming gratitude. “I was not expecting anything like this from anyone wow #postanddelete ❤️,” she added, hinting at the possibility of deleting the post later.

However, not everyone was convinced by the seemingly spontaneous gesture. Some commenters raised questions about the authenticity of the surprise, suggesting the elaborate setup could be a publicity stunt or even a potential safety risk.

“She fit buy am by her self just to put on a face,” commented one user, expressing skepticism. “These days you don’t even know what’s real anymore! Everything na content,” they added, highlighting the prevalent cynicism towards online displays of affection.

Diary of a secret lover

Regardless of the speculation, Savage’s genuine emotions in the video resonated with many viewers. The joy and surprise visible on her face offered a heartwarming glimpse into her personal life, reminding viewers of the enduring power of unexpected acts of love and appreciation.

The incident also ignited discussions about the evolving nature of Valentine’s Day celebrations in Nigeria. While traditional expressions of love remain popular, there’s a growing trend towards personalized and unique experiences, often shared on social media platforms. This shift reflects the desire for deeper connections and the evolving cultural landscape within the country.

Whether orchestrated by a secret admirer or a self-celebratory gesture, Tiwa Savage’s Valentine’s Day surprise served as a spark of joy and intrigue for her fans and followers. It ignited conversations about authenticity, online presence, and the ever-changing expressions of love in today’s world. And while the mystery of the anonymous sender may remain unsolved, the message of love and appreciation undeniably reached its intended recipient, leaving a lasting mark on her special day.

Tiwa Savage gets surprised by an anonymous person #tiwasavage | Instagram

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Cisco Takes a Breather: Job Cuts, and Restructuring Twist

By

David Abi

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February 15, 2024

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Remember that awkward moment when you realize your party outfit is a little too tight? That’s kind of where Cisco, the tech giant connecting the world with its networking gear, finds itself. They’ve grown fast, but now the economic belt is tightening, and they need to adjust.

This week, they made some tough decisions, like saying goodbye to 4,000 employees, about 5% of their crew. That’s like having to tell your closest party buddy they can’t come anymore. It’s tough, but sometimes necessary. Why? Well, the economy has turned into a bit of a buzzkill, and businesses are spending less on tech, including Cisco’s equipment.

It’s not just the party mood that’s dampened. Cisco’s customers, like phone companies and cable providers, are also holding onto their cash. They’ve got some “tech clutter” lying around, like leftover party decorations, and they don’t need the newest gadgets just yet. So, Cisco needs to adjust its plans and lower its sales expectations for the year.

Grey to Blue

But hey, don’t think they’re just moping in the corner! Cisco’s not one to sit out the fun entirely. They’re making some bold moves to stay ahead of the curve. Think of it like learning a new dance move to impress everyone at the next party. They’re investing big in artificial intelligence (AI), like a fancy new dance routine, and even partnering with another tech giant, Nvidia, to create even cooler stuff. Imagine two party animals joining forces to throw the ultimate bash!

Even with the changes, Cisco’s still got the moves. They just reported strong earnings for the past quarter, proving they’re still a force to be reckoned with. And they’re not just looking at tonight’s party; they’re planning for the future, investing in new tech and partnerships that could make them the ultimate party hosts when the good times return.

So, what does this mean for you? For Cisco employees, it’s definitely a bittersweet moment. But remember, they’re making tough decisions to ensure the company’s future success, and who knows, maybe those AI projects could lead to even more exciting opportunities down the road.

For everyone else, this is a reminder that even the coolest tech companies can hit a rough patch. But it’s also a reminder that with a little innovation and adaptation, even the most awkward moments can become stepping stones to something bigger and better. So, keep an eye on Cisco, and see what tech magic they unveil next!

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Bulls charge! Uber, Lyft, Nvidia lift Wall St (+0.96%)

By

David Abi

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February 15, 2024

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Imagine Wall Street as a giant mood board. One day it’s awash in vibrant optimism, the next, shrouded in gloomy grey. Tuesday was the latter, with investors frowning over inflation worries. But Wednesday? Wednesday brought a collective “whew!” as stocks climbed higher, fueled by some unexpected heroes: the ride-hailing rivals, Uber and Lyft, and the tech titan behind the brains of AI, Nvidia.

Nvidia, the company that crafts powerful chips powering everything from self-driving cars to advanced medical imaging, stole the show. They zoomed past Google’s parent company, Alphabet, to become the third most valuable company in the US market. Think of it like a game of musical chairs, and Nvidia grabbed the coveted third seat just before their big earnings report next week. Investors are practically bouncing on the edge of their seats, eager to see what AI magic Nvidia has cooked up.

Speaking of magic, Uber and Lyft performed some financial wizardry of their own. Uber, the ride-hailing app synonymous with late-night pickups and questionable surge pricing, announced a $7 billion buyback plan, basically saying, “Hey, we believe in ourselves!” Their stock responded with a celebratory jump of nearly 15%, reaching a record high. Lyft joined the party, soaring an impressive 35% after exceeding profit expectations and even promising positive cash flow for the first time ever! Talk about a Cinderella story!

Bulls Shows

But the party wasn’t limited to just these three. Social media giant Meta Platforms (remember Facebook?) and electric car leader Tesla joined in, both gaining over 2%. Even the smaller companies got a piece of the pie. Super Micro Computer, a company that builds the servers that power the digital world, saw its stock rise 11%, riding the wave of excitement surrounding AI.

Remember the inflation jitters that had everyone feeling down on Tuesday? Wednesday saw investors put those worries on hold, focusing instead on the positive news from companies like Uber and Lyft proving they could turn a profit. It’s a reminder that the market can be unpredictable, but it’s also a place where unexpected heroes can emerge, sending positive vibes through the financial world.

This rollercoaster ride might not be over, but one thing’s for sure: Wall Street is back to its lively self, showing us that even in the midst of uncertainty, there’s always room for a little bit of hope and a whole lot of surprises. So, keep your eye on the market, folks, you never know who the next star will be!

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Japan: New Law to Tame “Smart” AI

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David Abi

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February 15, 2024

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Picture this: you’re scrolling through the news, and suddenly, you see a headline about your neighbor winning the lottery. Seems fishy, right? That’s the kind of trouble Japan wants to avoid with “generative AI,” the super-smart robots that can write text, create images, or even compose music. While they’re like a digital Swiss army knife, they can also be misused to spread fake news, steal ideas, or even invade your privacy.

That’s where the human touch comes in. Japan’s government, worried about these potential robot rascals, is drafting a new law by the end of 2024 to rein them in. Think of it as teaching them manners, making sure they play fair and don’t hurt anyone’s feelings.

So, what kind of rules are we talking about? Imagine the AI getting a stern lecture from its digital mom:

No lying! Spreading fake news online is a big no-no.
Respect people! Don’t write anything that hurts someone’s feelings or steals their creative work.
Be accountable! If you cause trouble, whoever made you needs to take responsibility.

Japan isn’t alone in this AI rulebook quest. The European Union and other countries are also brainstorming ways to keep these smart robots on the right track. It’s a tricky issue, but everyone agrees: AI needs boundaries to ensure it’s used for good, not for mischief.

So, what does this mean for you? Well, it’s like raising a puppy – you want it to grow up well-behaved and helpful. By setting clear rules, we can make sure AI becomes a force for good, helping us in ways we never imagined. And who knows, maybe one day your friendly neighborhood AI will even write you a personalized poem (without stealing anyone else’s ideas, of course!).

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