Headline

Ovation Set to Disburse Cash Palliatives to 1004 Lucky Nigerians

Published

5 years ago

February 17, 2021

Eric

By Eric Elezuo

The Ovation Media Group, owners of the lively brands; Ovation International Magazine, The Boss Newspaper and Ovation International Television, has made good its promise to distribute cash palliative to lucky Nigerians as a total of 1004 persons have been selected via a rigorous selection process.

According to the Chairman, Ovation Media Group, Chief Dele Momodu, whose joy knows no bounds at the prospects of putting smiles on the faces of Nigerians, the 1004 lucky winners of the palliative were selected from over 10,000 applications received

Momodu told The Boss that the transparent, but “rigorous process was designed and coordinated by an IT guru, Ms Farida Bedwei, in Accra, Ghana.”

He added that “Each of the winners will receive N5,000. This initiative started last year and has received consistent support from kind donors who are mostly domiciled abroad.”

According to Chief Momodu: “We believe government alone can’t solve all problems. It is our responsibility to also support our fellow citizens. These palliatives will reach Nigerians in every part of the country. Since it was started last year, we’ve received good news about those who have set up small scale businesses with the little we offered them.

We are very grateful to our friends and partners. May God bless them mightily…”

Recall that Dele Momodu, a renowned journalist and philanthropist, started reaching out to Nigerians publicly with sustainable palliatives during the peak of the COVID-19 induced lockdown in 2020.

The palliatives at this stage involve the sum of Five Million, Twenty Thousand Naira (N5, 020, 000) for the 1004 beneficiaries, at N5000 each.

Below are the lists:

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Headline

Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

Published

11 hours ago

December 19, 2025

Eric

President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.

Headline

Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

Published

2 days ago

December 18, 2025

Eric

Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles.

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

Headline

Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

Published

2 days ago

December 18, 2025

Eric

Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.