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The Magic of Joseph and Jacob, and Modakeke Edifices: The Dele Momodu Legacies

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By Eric Elezuo

The cities of Modakeke in Osun State and Ihievbe, in Edo State, will never be the same again as the influential Chairman of Ovation Media Group, Aare Dele Momodu, added a touch of class and magic to their ambience with the construction two Dubai-styled two magnificent and exquisite family homes in the two states.

The imposing mansions, unveiled to commemorate the 65th birthday of accomplished journalist, Dele Momodu, are situated at Ihievbe in Edo State and at Modakeke in Osun State. With these, Aare Dele Momodu has proven without doubt that one can be successful irrespective of family background leveraging on his consistency, determination, prayers and the grace of God.

The Modakeke home is an expansive edifice beautifully built for the comfort of residents and has a mausoleum dedicated for his deceased father and an area for church purposes included.

Speaking on the reasons behind the project, Aare Dele Momodu expressed gratitude to God and his family in Modakeke whom he has built the magnificent home for in appreciation for raising and taking good care of him since his father’s passing.

He said, “My biological father was buried outside but today, this man seated here is my father. If you are happy and grateful to God, you will cry, people think these are tears of pain but they are tears of gratitude and joy. When my father died, we were living in Ore in Benin side. He got this land after they chased him from his original land as they began constructing the road, so they gave him money as compensation and he bought this land but unfortunately, he passed on.

“I was 13 when my brother was abroad, he was my greatest inspiration. When people say I write well, I only said thank you. I started living with him at age of 16 when he came back from America after completing his PhD in 1975. I used his name to brag everywhere that in our family, we are family of scholars. I lived with Mama Adeniran of the blessed memory, and she took care of me and I kept praying within myself that one day, I will make this place (Modakeke), a place of worship and I want to tap blessings from this family and today, I believe we have achieved that.

“In Nigeria, a lot of people have lost hope and believe that every politician is doing some magic of stealing money, and I have never been involved in that.”

He revealed that the completion of the beautifully built houses in Edo and Osun States was through the help of God and his cousin Friday Arogha, who is also a builder in Lagos, adding that he has learnt discipline from his family and whoever has discipline and is determined and consistent, can conquer the moon.

He went further to pay glowing tribute to the builder, who fits the description of Man Friday for his thoughtfulness, loyalty,  and above all, prudence in the management of resources to see to the successful completion of the project.

“My cousin Friday saw to the building of this mansions from start to finish, including the fittings and furnishings, and is worthy of celebrating,” Momodu said.

Arriving at his Ihievbe mansion in Edo State, Momodu flanked and ably supported by family members, was warmly welcomed and received by the people of the community, comprising men, women and children, who sang praises to God, and to their successful son, Momodu.

The reception did not only concentrate on heartfelt songs, but considered more of sumptuous dishes, elaborate dances and free flow of beverages to the satisfaction of guests and well wishers.

Describing the project as a symbolic return to his hometown and a personal milestone decades after the death of his father, Momodu wrote via his social media handles: “THIS IS NOT BANANA ISLAND LAGOS BUT MY COUNTRY HOME IN IHIEVBE, OWAN EAST LOCAL GOVERNMENT, EDO STATE…

“This is a journey of about 52 years since my Dad passed on.

“Today is the first time I’m stepping into the house my cousin built for me in absentia… From Foundation to Completion, I never visited here. I only gave instructions and paid intermittently in trickles.

“I fixed the concrete Road and the solar powered street lights, painted the entire street, trying to replicate the White House in Washington DC. Please, don’t laugh…IHIEVBE is no longer a village but a township in Lagos.

Momodu

“Massive thanks to the uncommon builder, FRIDAY AROGHA, my cousin who made this magic possible… And MRS SIMI ALEGBE, who decorated the property so brilliantly for a befitting retirement from the hustle and bustle of Lagos…”

Momodu’s 45 years of steadfast hardwork and professionalism has paid off as he has other property in Lagos, Ibadan, Oyo State, Accra, Ghana and London, United Kingdom.

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Court Reserves Ruling in Times Multimedia Suit Against Afreximbank Over CAX IP Dispute

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By Andrew Orolua

The Federal High Court sitting in Lagos has reserved ruling in the intellectual property suit between Times Multimedia Ltd. and the African Export-Import Bank, Afreximbank, and others, following arguments on a preliminary objection challenging the court’s jurisdiction.

The matter came up on Thursday, July 2, 2026, before Honourable Justice Osiagor.

Times Multimedia Ltd., a Nigerian media and events company, is the originator and registered proprietor of “CAX” – the Creative Africa Exchange.

Court documents state that Times Multimedia conceived CAX in 2017/2018 as a continental trade and investment platform designed to finance, market, and monetize Africa’s creative and cultural industries. In 2018, the company formally presented the CAX concept, framework, and business model to Afreximbank for partnership and institutional backing.

Following engagements with Times Multimedia on the CAX proposal, Afreximbank in 2020 launched its own initiative known as the Creative Africa Nexus, CANEX. Times Multimedia alleges that CANEX substantially adopted the core concept, objectives, and structure of CAX without license, attribution, or contractual agreement, leading to the present suit for intellectual property infringement.

Afreximbank and other defendants filed a Notice of Preliminary Objection, contending that the bank enjoys immunity from judicial proceedings in Nigeria under the _Afreximbank Establishment Agreement, 1993_, Section 9 of the _Diplomatic Immunities and Privileges Act_, Cap D1, LFN 2004, and the _African Export-Import Bank (Privileges and Immunities) Order, 2014_.

Afreximbank was established in October 1993 by African governments and investors to promote intra-African trade. Nigeria is a founding signatory. Article 50 of the Establishment Agreement provides that the Bank enjoys immunity from legal process except to the extent that it expressly waives such immunity.

Counsel to Times Multimedia Ltd. opposed the objection. Counsel argued that the immunity claimed by Afreximbank is not absolute, and that the same Establishment Agreement contains provisions contemplating circumstances where the bank may be sued or subjected to judicial proceedings, particularly in respect of commercial transactions.

The claimant’s legal team further urged the court to interpret the relevant instruments holistically and to avoid any construction that would unjustifiably deny an aggrieved Nigerian entity access to court in the absence of a clear and express exclusion of the court’s jurisdiction, as guaranteed under Section 6(6)(b) of the 1999 Constitution.

Counsel for both sides argued extensively for over one hour. At the end of proceedings, Justice Osiagor reserved the matter for ruling and adjourned the case to Monday, 29 September 2026.

The ruling will determine whether the suit can proceed against Afreximbank before the Federal High Court.

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Fake Agency Scandal: NDC Demands Gbajabiamila’s Sack

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The Nigeria Democratic Congress (NDC) has called on President Bola Tinubu to immediately remove his Chief of Staff, Femi Gbajabiamila, over allegations linking him to an alleged multi-billion-naira corruption scandal involving a purported non-existent  government agency, the Presidential Foreign Intervention Promotion Council (PFIPC).

In a statement issued on Friday by its National Publicity Secretary, Osa Director, the opposition party described the allegations as grave and said Gbajabiamila’s continued stay in office could compromise any credible investigation into the matter.

The NDC’s demand follows allegations made by Prince Mathew Adeniyi Adeyemi, who claims to be the Director-General of the PFIPC, an agency the Presidency has publicly denied exists.

According to the party, the allegations raise serious concerns about transparency, accountability and integrity within the Tinubu administration.

The NDC alleged that despite the Presidency’s denial of the agency’s existence, the PFIPC purportedly secured budgetary allocations in the 2026 Appropriation Act and opened a domiciliary account, a Pound Sterling account and a Treasury Single Account (TSA) domiciled with the Central Bank of Nigeria.

The party questioned how an agency described as non-existent could allegedly establish multiple high-level government financial accounts without official approval or the required documentation.

It also called on the Office of the Accountant-General of the Federation to explain whether forged documents were used in processing the accounts.

The statement further alleged that the Head of the Civil Service of the Federation approved 314 staff positions for the purported agency, describing the development as another issue requiring urgent explanation.

According to the NDC, the allegations also include claims that Gbajabiamila demanded 48 per cent of the agency’s take-off grant, reportedly valued at N27.39 billion, a request Adeyemi allegedly rejected.

The party also cited Adeyemi’s claim that he secured his appointment through the Chief of Staff after allegedly paying N600 million, of which N400 million was allegedly paid through proxies, while N200 million remained outstanding.

It said the alleged unpaid balance reportedly contributed to the Presidency’s subsequent denial of the agency’s existence.

The NDC further alleged that the claims point to a wider pattern of institutional corruption, including the alleged sale of public appointments.

The party also linked the controversy to the death of Babatunde Tanimola, whom it described as an intermediary between Adeyemi and the Chief of Staff.

According to the statement, Tanimola reportedly died in a fire incident at a hotel in Utako, Abuja, on October 22, 2025, a day after the police reportedly received a petition from the Chief of Staff.

The NDC also referenced Adeyemi’s claims that he survived multiple assassination attempts, including an attack along the Abuja-Kaduna Expressway on September 7, 2025, and alleged that certain individuals within government are plotting to eliminate him.

Against the backdrop of the allegations, the party demanded the immediate removal of Gbajabiamila to allow what it described as a full and impartial investigation.

It also called on President Tinubu to establish an independent investigative panel to examine the alleged operations of the PFIPC, including its budgetary allocations, financial transactions, account openings and staff recruitment.

The NDC further urged investigators to probe the circumstances surrounding Tanimola’s death and the alleged assassination attempts on Adeyemi, while recommending that Adeyemi be granted witness protection.

The party also demanded that the Chief of Staff produce all official documents signed since assuming office for forensic examination.

In addition, it called for the questioning of officials of the Central Bank of Nigeria (CBN), the Office of the Accountant-General of the Federation, and the Office of the Head of the Civil Service of the Federation over their alleged roles in the matter.

The opposition party also urged the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Nigeria Police Force to commence what it described as a thorough investigation without fear or favour.

“The NDC will not accept the usual tactic of issuing a mere defensive press release from the Presidency as a deflective ploy. Nigerians deserve to know the truth through a transparent process that promotes fairness and justice,” the statement said.

The Presidency has previously maintained that the PFIPC is not a recognised government agency.

As of the time of filing this report, neither the Presidency nor Chief of Staff Femi Gbajabiamila had responded to the fresh allegations contained in the NDC statement.

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Glo-sponsored African Voices Features Former CNN Anchor, Isha Sesay

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Accomplished journalist and former Cable News Network (CNN) International anchor, Isha Sesay, will this week return to the studios of the global news network, not as an interviewer, but as the subject of its celebrated 30-minute magazine programme, African Voices, sponsored by telecommunications giant, Globacom.

The episode will shine a spotlight on the remarkable journey of the distinguished broadcaster whose career has traversed some of the most influential corridors of international journalism.

The 50-year-old British-Sierra Leonean media personality, born on January 6, 1976, rose to prominence through an illustrious career at CNN, which she joined as a news anchor in 2005 after distinguished stints with the British Broadcasting Corporation (BBC) and Sky News. Over the years, Sesay became one of the most recognisable and respected faces in global television news, bringing clarity and composure to some of the world’s most consequential stories.

An alumna of Trinity College, Cambridge, United Kingdom, Sesay steadily carved a distinctive niche for herself in broadcast journalism. In 2009, she became the host of the inaugural edition of International Desk, CNN’s weekly news programme, further cementing her reputation as a journalist of substance and international standing.

Her career afforded her the opportunity to engage with numerous eminent personalities, including former Nigerian President Olusegun Obasanjo and his successor, the late President Umaru Yar’Adua, among other notable global figures.

Sesay also contributed to Anderson Cooper 360° as presenter of the 360 Bulletin, a role she assumed on January 17, 2011. Subsequently, she was reassigned as anchor of another flagship news programme, CNN NewsCenter, continuing a professional trajectory that reflected both versatility and excellence.

Beyond the newsroom, Sesay has demonstrated a deep commitment to social impact. In 2014, she launched her educational and humanitarian non-profit advocacy initiative for the African girl-child. The organisation, aptly named Women Everywhere Can Lead, has since provided educational support and empowerment opportunities aimed at nurturing a new generation of female leaders across the continent.

More recently, Sesay captured public attention with her personal journey into motherhood, welcoming her first child through In-Vitro Fertilisation (IVF) as a single mother. Her experience has resonated with many women around the world, adding another compelling chapter to a life story already rich in courage, resilience and inspiration.

On this edition of African Voices, Sesay will share insights into her distinguished career, her enduring advocacy for girls’ education and empowerment, as well as her new and deeply personal adventure into motherhood. The programme will air on Saturday at 7.30am.

Repeat broadcasts will follow at 11.00am on the same day, while additional screenings are scheduled for Sunday at 3.30am and 6.00pm. Further rebroadcasts will air on Monday at 3.00am and 5.45pm, and on Tuesday at 5.45 pm, with the same time belt continuing into the following week until Monday at 3.00am

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