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Instablog9ja
P.I.T.A.H Brown Calls Out Senior Colleagues And Friends Over N5Million Drinks At His Song Release Party
~0.4 mins read

P.I.T.A.H Brown has called out senior colleagues and friends over N5Million drinks at his song release party.

He said before the party he and his manager went and discuss with Blackbox and told him he has 2million Naira for the party. After the party he was sent a bill of 5 million Naira, so he is calling on his senior colleagues and friends who took drinks behind his back to send him the money of the champagne they took.

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Investopedia
This Fed Official Says Rate Cuts Are ‘Coming’—But He Needs More Data To Be Sure
~1.7 mins read

At least one Federal Reserve official wants to see more data before making any decisions on the central bank's influential interest rate. 

Atlanta Federal Reserve Bank President Raphael Bostic told an audience Tuesday that interest rates were likely on their way, but didn’t specifically address whether he thinks the U.S. central bank will cut its influential fed funds rates at its September meeting. 

Bostic’s comments come as Federal Reserve officials are keeping a close eye on economic data, looking for the confidence to cut its decades-high interest rate designed to tame inflation.

Bostic still wants to see “a little more data" before making that decision, he said in Atlanta at the Conference of African American Financial Professionals.

After rising in the first quarter of the year, inflation has resumed its path toward the Fed's annual goal of 2%. Bostic said the past four months of data have given him more confidence that price pressures were easing sustainably.

While recent data has alarmed some market watchers, Bostic predicted the economy will withstand the weaknesses. 

“A recession is not in my outlook,” Bostic said. “I think there’s still enough momentum in the economy where we could see slowing but not see labor markets deteriorate to a level of considerable concern.”

A lot of economic data released this week could influence the Fed's decision on rates.

Key inflation and consumer spending data will follow a measure of July's wholesale price increases that came in lower than expected.

Bostic said he is paying attention to the data because if the Fed cuts interest rates before inflation is under control, it would create too much market uncertainty.

“We have to be sure that trend is real,” Bostic said.

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Favoursplashy

See What Charly Boy Tells Paul, Peter Okoye Veteran Singer
~1.9 mins read
You Are Too Mature And Professional To Be Engaging In Petty Fights - Charly Boy Tells Paul, Peter Okoye
Veteran singer, Charles Oputa, better known as Charly Boy, has reacted to the feud between music duo and twin brothers, Peter and Paul Okoye of PSquare.
Recall that Peter, in a statement on Monday, explained the cause of their fallout and the involvement of their older brother Jude Okoye and his wife, Ifeoma.
The singer explained that he, Paul and Jude own a management company called Northside Entertainment, which they use to manage all P-Square affairs.
However, he came across a company with a similar name called Northside Music.
He investigated the company and was shocked to discover that the founder and director of the company were Jude and Ifeoma Okoye.
Peter said the address used to register the company was Ifeoma’s family home, and he asked his twin brother, Paul, who denied knowing anything about the company.
This prompted his decision to involve his lawyers and instructed them to file a petition against the suspect, Jude, but told them to exclude his twin brother.
Peter said he filed the petition because he discovered that “millions of dollars and hundreds of millions of Naira were being secretly diverted into this secret company’s account, Northside Music from our own Northside Entertainment.”
He said the investigation by EFCC found that Jude’s secret company had been collecting Northside Entertainment’s royalties for years.
Reacting via his Instagram page, Charly Boy stated that it was too childish and unprofessional for the duo to engage in petty fights of sibling rivalry.
The entertainer cum activist urged the twin brothers to resolve their issue quietly without broadcasting it on social media.
He wrote, “Peter and Paul, please, like this no just good at all. I publicly don’t get involved in peoples wahala even if I have all the facts.
“You guys should be able at your age to lean on one another never to be seen as up in arms against one another.
“If you have a twin by your side, you are indeed fortunate, because twins whether fraternal or identical, are lucky to have one another.
“Whatever the trouble may be, could you guys resolve it quietly without broadcasting all over. It makes you guys look childish.
“You both are far too matured and professional to be engaging in petty fights of sibling rivalry.
“As a twin you guys much watch yourself live two lives. One for him and one for yourself. Biko, stop coming to the public exposing what I believe you guys can solve in the privacy of your homes.
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Favoursplashy

The FCT High Courthas Issued A Fresh Status Quo Injunction In Favor Of Prophet Jeremiah Omoto Fufeyin
~1.4 mins read
The FCT High Court, presided over by Justice Nwosu Iheme, on monday 12th Aug, 2024 has issued a fresh status quo injunction in favor of Prophet Jeremiah Omoto Fufeyin of the Deliverance Mercy Land International Ministry, Warri, Delta State. The order is against Mr. Martins Vincent Otse, widely known as “Very Dark Man,” a prominent YouTuber, blogger, and self-proclaimed freedom fighter who operates on various social media platforms, including Facebook.
The court’s decision comes as part of ongoing legal proceedings initiated by Prophet Jeremiah, who filed a lawsuit against Mr. Otse for alleged defamation.
The plaintiff’s legal team, led by Joel Karatu Esq., presented evidence of multiple libelous posts and videos made by “Very Dark Man” on social media, which they claim have caused significant damage to the Prophet’s reputation both within his church community and among his global business partners.
During today’s hearing, the court reiterated its earlier injunction, barring Mr. Otse from publishing or disseminating any further defamatory content about Prophet Jeremiah on any social media platform, including Facebook and YouTube. Justice Iheme expressed concern over the continued publication of defamatory material, despite previous court orders, and issued a stern warning to Mr. Otse’s counsel, Ademola Oyedoku Esq., to properly advise and guide his client. The judge also criticized the inadequacy of a motion filed by Mr. Otse’s legal team in an attempt to regularize a court process, deeming it incompetent.
The court has adjourned the case to Friday, August 16, 2024, at 12 PM, for a definite hearing of all applications.
In documents submitted to the court, Prophet Jeremiah’s legal team highlighted the extensive damage caused by the defamatory posts, stating that the content had been widely circulated among his family, church members, and friends, all of whom are active on social media. The plaintiff intends to present additional evidence of defamation during the trial.
This case continues to attract significant public attention as it underscores the challenges of navigating defamation and free speech in the age of social media.
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Instablog9ja
Singer Adekunle Gold Replies A Tr%ll Who Tried His Luck To See If He’d Get N1 Million On X
~0.2 mins read

Singer Adekunle Gold has replied a tr%ll who tried his luck to see if he could get N1 million on X.

The tr%ll has said he was cr@zy and he admitted that he was right.

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Instablog9ja
Friends, Cleric Reportedly B3head A 14-year-old Boy For Money Rit¥al In Oyo State
~1.4 mins read

The Police Command in Oyo State said it has commenced investigation into the k+lling of a 14-year-old, Malik Kareem, for alleged money rit¥al in Ibadan.

The command’s Public Relations Officer, SP Adewale Osifeso, stated this during an interview on Monday in Ibadan. Mr Osifeso said that the command was aware of the incident and had immediately commenced investigation with a view to bringing the perpetrators to justice He assured members of the public that an update on the investigation on the matter would be made available once it was concluded.

It is reported that the victim was b3headed for rit¥al purposes on Saturday evening in the Olorisaoko community within the Akinyele Local Government Area. According to reports, the victim had recently completed his final subject for the West Africa Examination Council at Iyana Community Grammar School, Olode, Moniya, Ibadan.

Sources indicate that the victim, along with three peers, sought the services of a now-absconded Muslim cleric for a money rit¥al on the same day. It was learnt that the three boys had bargained with the cleric to k+ll their friend as part of the rit¥al.

A family source disclosed, “I was at home when one of my brothers came rushing to inform me of the tragic incident. We immediately went to the scene, only to find the cleric had fled, and the victim’s body was discovered without a head. The victim was found in a pool of bl%od at the cleric’s house. His head had already been b¥rned. The three boys had previously arranged with the cleric to use their friend for the rit¥al. When they arrived, he was str3ngled, decapitated, and cremated. According to what we were told, they planned to use the remains in their rit¥al.”

It was further gathered that the cleric’s house was subsequently set ablaze by unidentified youths from the community.

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