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Instablog9ja
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The Ooni of Ife, Oba Adeyeye Ogunwusi has disclosed how Oluwo of Iwo, Oba Abdul-Rasheed Akanbi chased out him out of his palace in Iwo.
The monarch revealed this in a trending video on social media at the weekend. Ooni who spoke in Yoruba language disclosed he visited Oluwo at his palace in Iwo but was chased away like a baby.
His words, “When I visited Oluwo, he chased me out like a child, since that incident, I have always maintained myself going close to him. Now that you people (attendees) are imploring that I visit him again, what if he does what he likes to me?
But I have to contain his excesses as an elder, although I am a young person sitting on the throne of the elders. Oluwo, I greet you.”
The Ooni is known for pursuing a unity agenda among traditional rulers in the region and Nigeria but Oluwo has been on the other side, especially with his war against idol worshipping among Yoruba traditional rulers. The Ooni has condemned traditional rulers advocating against Yoruba tradition without referring Oluwo, but Oba Akanbi has always described idol worshipping as alien to Yoruba tradition and culture.
Instablog9ja
1 h
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The National Drug Law Enforcement Agency (NDLEA) says Oyelola Yisa Ashiru, deputy majority leader of the senate, is “bad-mouthing” it because dr¥gs were allegedly found in his home.
Last week, Ashiru, senator representing Kwara south, said the agency is the “most corr¥pt and compromised government agency” in the country and there is a need to establish a new organisation to curb drug addiction and trafficking. The senator was contributing to a debate on a bill seeking to establish an institute for drug awareness and rehabilitation.
During that debate, Kawu Sumaila, senator representing Kano south, alleged that the homes of some politicians are being used to stockpile narcotics.Addressing a press conference in Abuja on Monday, Femi Babafemi, NDLEA’s director of media, said Ashiru’s outburst was because of his grouse with the agency.
“The personal house of the senator in GRA Ilorin, the capital of Kwara State, had been raided in recent past, where dr¥gs and illicit substances were recovered while two of his aides: Ibrahim Mohammed and Muhammed Yahaya were arrested,” Babafemi said.
“Based on credible intelligence and surveillance which confirmed that the senators house was being used as a dr¥g joint for dr¥g dealers and users, the house was raided by our operatives at 1:30pm on February 4, 2024 during which the two aides were arrested, while a third suspect escaped arrest
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Instablog9ja
2 hrs
9
OAP Ope making reference to Halleluyah Challenge, has said, we’ve really become our parents.
She said see youths waking to pray and praise in the middle of the night, We have really become our parents.
Healthwatch
3 hrs
22
Do you follow certain social media creators, music artists, actors, athletes, or other famous people? Are you a huge fan of particular fictional characters from a book, TV show, or movie? Perhaps you check in with them daily because you feel a connection, care about them, or just love keeping up with the minutiae of their lives.
These one-sided emotional ties to people you don't actually know (or those who don't actually exist) are called parasocial relationships. Like all relationships, they come with risks and benefits, says Arthur C. Brooks, a social scientist, best-selling author, and professor at both the Harvard Kennedy School and the Harvard Business School.
Why do we develop parasocial relationships?
Parasocial relationships tend to occur because of our natural tendency to link to others.
"Humans have evolved to thrive in groups, probably because 250,000 years ago you needed to rely on other people to survive by building social relationships. And so we become attracted to and care about people if we have a regular enough exposure to them," says Brooks.
We are all exposed regularly to tiny details about celebrities and fictional characters, watching their days unfold on social media or learning about them from a TV show or book. What hooks us is the emotional connection, especially if the person is exciting or compelling.
"That's the secret to the success of the Harry Potter book series and the TV show Breaking Bad. The writing is supposed to engage you emotionally," Brooks says. "People can form a bond even if the characters are psychopaths."
The upsides of parasocial relationships
Parasocial relationships can be a nice complement to your life. They might entertain you, inspire you, educate you, or bring you comfort. You might feel less lonely or like you're part of a tight group or a cultural moment, a feeling the shows Friends and Game of Thrones fostered for many people.
Bonding emotionally with famous or fictional people might also shape people's values. For example, children might learn lessons about right and wrong from characters they connect with on shows such as Sesame Street or Bluey. Teens or adults might feel moved to work harder if they're attached to champion athletes, or do good deeds if they admire selfless leaders.
One study of more than 300 people ages 18 to 35 even found that parasocial relationships might help reduce the stigma of mental health conditions. All participants watched one video of someone who shared personal information aimed at creating a social bond. Then, some participants also watched a video of the content creator sharing his challenges with bipolar disorder. Those who saw both videos scored lower on measures of prejudice about mental health conditions than those who only saw the first video.
The downsides of parasocial relationships
While parasocial relationships can enrich your life, these one-sided affairs can also hurt you.
Navigating parasocial relationships
A dollop of parasocial relationships in your life is fine as long as they don't crowd out real-life bonds or warp your thinking and values. But how would you know if this was becoming an issue?
Two red alerts:
Shifting from parasocial relationship to deeper connections
Parasocial relationships fill a need. Social scrolling, streaming shows, or following celebs may tamp down loneliness or offer curated moments of joy and connection. But if you're leaning too hard on these one-sided relationships, Brooks advises taking a hard look at what's missing from your life.
Forging warm connections in real life is worthwhile, though it isn't always easy. "It's a tall order for people who are shut-ins or introverted or don't have social skills, but you can start small. Have dinner with a friend. Spend more time with your family. Get more human eye contact. Touch, such as a hug, releases the bonding hormone oxytocin in the brain," Brooks suggests. "You'll care less about the characters and get what you really need."
Source: Harvard Health Publishing
Boeing, Union Reach Tentative Deal To End 5-Week Long Strike
Boeing (BA) And The Union Represent...
Investopedia
3 hrs
14
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Boeing (BA) and the union representing its machinists reached a tentative deal that could end the five-week long strike that has hobbled the aircraft maker’s operations.
The union said it plans to hold a vote on the new settlement Wednesday, according to a statement Saturday.
The deal includes a 35% bump in wages over four years, up from Boeing’s past offers of 30% and 25%, but still below the union's stated goal of 40%. The agreement also includes a boost to members’ 401(k) plans, among other benefits, though it will not bring back the traditional pension plans workers wanted.
Boeing’s operations have taken an estimated $1 billion hit a month from the strike, exacerbating the plane maker’s financial difficulties after burning through billions of dollars earlier this year to contend with production pauses to address several safety issues and investigations.
Last week, Boeing announced a series of measures to curb costs, including cutting around 10% of its workforce or 17,000 people, and postponing the launch of its first 777x jetliner.
The aircraft maker also said earlier this week it plans to sell as much as $25 billion in debt or stock, and made a deal with banks to receive a $10 billion credit line, among other moves to shore up its finances.
Boeing's stock price has lost more than 40% of its value in 2024 through Friday’s close, making it one of the worst-performing stocks in the S&P 500 so far this year.
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Investopedia
4 hrs
11
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Some investors want to spice up their retirement plans with exposure to private equity. Experts say that might not be right for everyone.
A recent survey by asset management company Schroders found that more than a third of investors participating in workplace retirement savings plans like 401(k)s would invest in private equity or private debt if they had access to it. Fourth-fifths, meanwhile, said they would put more money in their retirement plans if they had access to private market investments.
Private equity is an alternative investment that involves companies that aren’t available on public stock exchanges. The Department of Labor said in 2020 that defined contribution (DC) plans are allowed exposure to private equity through investing in a diversified fund.
Private equity investors acquire all or parts of the companies they invest in. While financial advisers say it can offer the potential for strong returns, they also urge caution.
Retail investors could score high returns—one that's uncorrelated with public-market performance, which can make them attractive as an alternative to traditional stock markets—through private-market funds, said Andrew Herzog, a CFP at The Watchman Group.
Private equity funds are considered long-term investments. When private equity firms invest in private companies, they take an active role in the management of the companies in an attempt to boost their valuations. It can take years for returns to be realized.
“The downside would be the illiquidity—many times your money is locked up for years at a time,” said Herzog.
In addition to lower liquidity, private equity investments can be complicated in defined contribution plans because they have higher fees and lack price transparency, and are less liquid, according to Morningstar researchers.
"I wouldn't recommend it," said Herzog.
Those issues are likely among the reasons retirement plan sponsors have been slow to have private equity as an option in their offerings. A report by Cerulli Associates earlier this year found that nearly half of defined-contribution asset managers were not planning to add private equity to workplace retirement plans.
Not all retirement experts think investors should avoid private equity completely. Kim Abmeyer, founder of Abmeyer Wealth Management, believes that the illiquidity of private equity investments can make them better for those who are further away from retirement.
And as more companies are funded by private equity, Abmeyer said, being able to invest in them through a retirement account gives workers access to otherwise untapped markets.
“Private equity and alternatives like that are intended for longer time horizons. There's no requirement to start taking distributions until [you’re] 73 years old,” said Abmeyer. “So you've got a nice runway for an investment like that to play out.”
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