Business

My daughter excited I’ll see Burna Boy, Rema In Nigeria — Bill Gates

Published

3 years ago

June 21, 2023

542 Views

The youngest daughter of American business mogul, Bill Gates, known as Phoebe said she is excited that her dad would see Nigerian music stars – Burna Boy and Rema when he visit Nigeria with her Dad.

Recall that Gates and Aliko Dangote had visited President Bola Tinubu on Monday, as part of the Gates Foundation’s commitment to working closely with communities and leaders to support innovation.

While delivering his opening address at an event in Lagos State, Bill Gates made the revelation disclosing Phoebe’s gladness over his visit to Nigeria and the possibility of meeting Afrobeats stars such as Burna Boy and Rema.

He said: “When my daughter Phoebe heard I was coming to Nigeria, she said, “You’re lucky because you get to see Burna Boy and Rema, so I had to look them up…because I’m so ‘hip’. But I remember the last time I was here, I got to see Davido & Wizkid perform,”.

Gates said Nigeria is filled with creative minds and Afrobeats from Nigeria are popular everywhere.

“Of course, being here in Nigeria, I can’t help but mention the amazing creativity that goes on here.

“Afrobeats from Nigeria are popular everywhere. When my daughter Phoebe heard I was coming to Nigeria, she said, ‘You’re lucky to go see Burna Boy and Rema,” he said.

He further recalled his last visit to Nigeria seeing Davido and Wizkid perform.

“But I also remember, the last time I was here, I did get to see Davido and Wizkid perform and I was quite impressed with that. So, my kids think I’ve come to a very hip place,” he added.

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Business

Naira Exchange Rates Friday, 3 July 2026

Published

2 hours ago

July 3, 2026

OCHEFA

17 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 397 Sell ₦1,405

GREAT BRITISH POUND (GBP) Buy ₦1,850 Sell: ₦1,865

EURO (EUR) Buy ₦1, 580 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,370.15

GREAT BRITISH POUND (GBP) ₦1,832.17

EURO (EUR) ₦1,568.28

SWISS FRANC (CHF) ₦1,1705.44

JAPANESE YEN (JPN) ₦8. 51

CHINESE YUAN (CNY) ₦201. 80

WEST AFRICAN CFA (XOF) ₦2.38

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 98

SAUDI RIYAL (SAR) ₦364.91

SOUTH AFRICAN RAND (ZAR) ₦84. 32

Business

Issue: Cloning Nigerian Investment Promotion Commission (NIPC)

Published

1 day ago

July 2, 2026

OCHEFA

44 Views

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

The Presidency says a man identified as Prince Adeniyi Adeyemi Matthew allegedly created and operated fake government agencies, forged appointment letters, and falsely claimed to have been appointed by Femi Gbajabiamila.
According to the statement:
The Office of the Chief of Staff discovered the alleged scheme after complaints from the Nigerian Investment Promotion Commission (NIPC) that an unauthorized body was operating in a way that conflicted with its functions.

The Chief of Staff petitioned the Department of State Services and the Nigeria Police Force in October 2025 to investigate alleged forged appointment letters.

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

Investigators allege Adeyemi operated from an office in the Federal Secretariat Complex, held meetings with diplomats, and sought diplomatic support to obtain U.S. visas for members of the alleged organization.
Police reportedly recovered forged documents and other exhibits during searches of his office and residence.

The investigation allegedly found that Adeyemi operated 34 bank accounts, including several in the names of fictitious organizations, and used forged documents to open a Central Bank of Nigeria account.

The Presidency says no government funds were paid into that account.
Police charged Adeyemi and two others before the Federal High Court on multiple counts, including forgery, impersonation, and obtaining by false pretence. The case is scheduled for hearing on July 27.

The Presidency also denied claims that Gbajabiamila appointed Adeyemi, stating that appointments to federal offices are issued through the Office of the Secretary to the Government of the Federation, not the Office of the Chief of Staff.

Current status

The Presidency maintains that:
the agencies in question are fictitious,
the appointment letter was forged,
Adeyemi is an impostor,
and the allegations against him should be resolved by the court.

As the case is pending before the court, the allegations remain subject to judicial determination.