I’ve proved doubters wrong – Peter Okoye

Peter Okoye of the former Psquare fame has said that he loves the fact that he has moved on with his career after the break-up controversy.

Mr P, as he now prefers to be called, was a recent guest on Hot 93.3 FM, on a show hosted by Sensei Uche and Misi. He spoke about his new single, ‘Ebeano‘, the possibility of a P-Square reunion and more.

Peter said he was enjoying every bit of his career after breaking up with his brother, Paul.

 He said, “I left a Psquare who has almost a million subscribers on Youtube to start my own and I wasn’t afraid to start afresh. I know there’s something good out there, but I’ve moved on, and I love it, I love the energy.

 “When people come to my show expecting to see Psquare, I ask myself: Am I giving them the same energy? The answer is ‘Yes, I am’. Most people that doubted me because of what has been said out there had all been proved wrong. I’m a multi-instrumentalist. I produce songs but I don’t want to brag about it. I’m a studio engineer as well, I also direct music videos but I don’t brag about these things. It is not about the money. I’m enjoying myself doing what I’m doing.”



















































































































Rainbowgist

OAU sacks Prof over sex-for-mark scandal

The Governing Council of the Obafemi Awolowo University, Ile Ife, has dismissed Prof. Richard Akindele, who was accused of demanding sex to upgrade the mark of a female postgraduate student, Monica Osagie.

Osagie was a postgraduate student in the Department of Management and Accounting and was said to have completed her programme in 2018.

The Vice-Chancellor of the university, Prof. Eyitope Ogunbodede, announced the verdict of the council at a press conference at the university on Wednesday.

The council, led by its Chairman, Dr. Yemi Ogunbiyi, had held a meeting earlier in the day and approved the sacking of the professor.

The Senate of the university had on June 14 claimed it had established that the prof had an inappropriate relationship with the student and compromised his position as a teacher and an examiner by demanding to have sex with the student to upgrade her scores.

The vice-chancellor said the Senate, as well as the Governing Council, found the lecturer liable of all the allegations levelled against him and subsequently ordered his sacking.

Ogunbodede said, “Professor Akindele had an inappropriate relationship with his student, Miss Osagie. This was established through their conversation in an audio recording; his reply to the query; oral evidence and the printed WhatsApp conversation tendered before the committee.

“He had acted in a manner that is seen to have compromised his position as a teacher and examiner, in that his conversation with Miss Osagie was about examination scores and inducement of favour for the alteration of examination scores.

“He offered to change Miss Osagie’s purported 33 per cent result to a pass mark in consideration for sexual favours; this was established in the audio recording which he admitted.”

He stated that the prof’s claim that Miss Osagie knew she had passed with a score of 45 but was seeking to score an A, which led to him being sexually harassed by Miss Osagie was not supported by any evidence.

He added, “Professor Akindele’s action in requesting for sexual favours from Miss Osagie to change her examination scores was scandalous behaviour that has brought ridicule to the name of the university and has tarnished the reputation of the university as it portrays the university as an institution where its teachers and examiners trade marks for sexual favours.

“From the evidence, Miss Osagie had no idea that she scored 45, a pass mark as later claimed by Professor Akindele, although she later found out she did not fail the course.

“Professor Akindele operated in a position of power and authority over Miss Osagie and as such sexually harassed her. Professor Akindele was liable for all the allegations of misconduct levelled against him.”

He concluded, “Accordingly, the Senate recommends that Professor Richard Akindele, having been found liable on all allegations against him, should be dismissed from the services of the university.

“The council, at its meeting of today, Wednesday, 20th of June, 2018, having considered the recommendation of the Senate, as well as the report of the Joint Committee of Council and Senate, decided that Professor Richard I. Akindele should be dismissed from the services of the university for gross misconduct.”

Asked if the university would press for the prosecution of Akindele, the vice-chancellor said the university had meted out the maximum penalty to the lecturer and as such was not considering prosecution because it was not within its power to prosecute.

Ogunbodede said the OAU had a zero-tolerance for sexual harassment and would not even think of covering up such behaviour.

























































































































Rainbowgist

Five things you can use as bank collateral

When people cannot qualify for an unsecured personal loan, they opt for a secured loan. Sometimes it is more beneficial to choose a secured loan. That way, you can easily get approved when trying to take out a loan. Since you do not have any collateral as a guarantee that you will pay back the loan.

Secured loans are also called collateral loans as they are backed by the borrower’s asset. This asset acts as a collateral that the lender can take from you when you can no longer pay for your loan. So, what can you actually use as a collateral for a secured loan plan?

Here are some assets you may have that can be accepted as a collateral:

A house: If you own a property, then you are good to go. A home or a real estate property is one of the most common assets used as collateral by people. For instance, mortgages are used as loans secured by the property. That is why a lender can take possession of a mortgaged property whose owner has defaulted on a mortgage. But the mortgage is not the only secured loan that people can use as a collateral – home equity loan is a type of personal loan secured by the home’s equity.

A car: A car is another usual type of secured loan collateral. About every car loans that are used to purchase a car are secured by the vehicle’s value. But if you own a car, vehicle, or even a boat, you can use that as a collateral for a secured cash loan.

A savings account: If you are an existing customer at a bank you want to loan a cash with, the bank may offer you a savings-secured or certificate-secured loan. This allows you to keep your liquid cash in a deposit account, usually a savings account or certificate of deposit, while also getting out a cash to fund something you need. The best thing about this loan is that borrowers can frequently get interest in their deposits, while using it as a collateral for a secured loan.

Investments: Investments and stocks are also assets that can be used as a collateral. Investments that are used as loans are often called securities-based loans or stock-based loans. These are often offered by private banks (especially if you have investments in this company) or brokerages. These are the same with other collateral loans. The debtor’s investments or stock holdings are used as collateral against the loan. Most of the time, the bank will extend credit up to the full amount of the investment’s value.

Future paycheques: I bet you didn’t know you can use your future income to secure a cash advance loan. This means that you can borrow money in advance, but you have to pay it back as soon as possible when you get your paycheque. This is also different from payday loans as it costs higher APRs, and is actually more costly to borrow.

When getting a secured loan make sure to prepare for the right collateral needed by your chosen bank company. It is either you make it or break it, that is why you have to keep in mind the acceptable asset that can be used as a collateral by different banks.

Taking out a cash loan can be a financial rescue or put you on a debt. Make smart decisions.

Why collateral is important

When you are ready to apply for a loan, the lender likes to know that you have a little skin in the game. By having something at stake besides the retention of the item you borrow money to buy, you not only give the financial institution assurance of your willingness to pay back a loan, but you also help minimise the lender’s risk by providing something of value to back the loan.

Collateral is an item of value that you own and pledge to back a loan that you take. If you should default on the loan, the lender can then take ownership of the collateral in order to offset its losses, according to www.northshorebank.com.

When you put something up for collateral, it must have a value in an amount that is comparable to the amount of your loan. In other words, if you are taking out a loan for N110,000, collateral worth N1,000 will not be very convincing to a financial institution. In addition to value, there must be sufficient equity in the item that you pledge. If you owe money to another lender on the item you pledge as collateral, then it may not be accepted, because it is not technically yours to promise in the event of non-payment.

When buying a home, the collateral is generally the underlying property and its equity. When you make a down payment of at least 20 per cent, you create equity immediately that works to offset the lender’s risk. And each month you make a payment, you pay a little bit of the principal back and create even more equity. If you are unable to make a down payment, you may instead be asked to pay for private mortgage insurance, which offsets the lender’s risk in a different manner.

How collateral helps you

Collateral covers a multitude of sins. If you have a low credit score, you might normally be declined a loan, but with collateral, your lender might be more likely to take that risk because the lender can take ownership of the asset pledged and thus reduce the risk it takes on by loaning to you.







































































































Rainbowgist

Prophet demands N750,000 to pray for Super Eagles so they can win World Cup

While speaking during a live television interview, a Benin, Edo State-based cleric identified as Prophet Tommy Yisa Aika, predicted that Nigeria will be the first in Africa to lift the World Cup.

The man of God went further to demand that Nigerians should pay him N750,000 to pray for the Super Eagles to win the 2018 World Cup in Russia.

He said that God is interested in Nigeria’s Super Eagles conquering the world at the Russia 2018 World Cup “but because we have disobeyed God as a result of our nonchalance towards His directive that we should not engage a Whiteman to lead our team we may lose this golden opportunity which may not come to us again for another sixty years.”

To appease God, Prophet Aika volunteered to intervene with his over 60 prayer warriors, who are already on standby, to undertake ceaseless prayer sessions “so that what has been destroyed can be readjusted to grant the Super Eagles divine favour all through the tournament.”

He is asking for the sum of N750,000 for the prayers which will bring the Super Eagles victory.

He said: “What I need is a token N750,000 (seven hundred and fifty thousand naira) to get some spiritual materials and also to give my prayer warriors as honourarium.

“This (none inclusion of a Whiteman in the Super Eagles team) has been the message that I have been passing to our Football authorities in the last couple of years but which has always been disregarded. Those who know me can attest to this.”













































































































































Rainbowgist

Eagles hold crisis meeting …as Rohr plans changes

The Super Eagles held a crisis  meeting behind under-fire  Nigeria coach  Gernot Rohr on Monday night as  they try to  turn things around their precarious position at the Russia 2018 World Cup ahead of their next fixture against Iceland on Friday.

Nigeria are  in grave danger of an early World Cup exit after opening their campaign in the tournament with a  2-0 defeat to Croatia in Kaliningrad on Saturday. The three-time African champions must win the clash  at  Volgograd Arena to keep alive their hopes of advancing to the second round of the championship.

A below-par Croat side fired by La Liga stars Lukas Modric and Ivan Rakitc ran out winners after an analogue Nigerian team failed to deal with dead ball situations.

New Stoke City midfielder Oghenekaro Etebo, who was the shining light in the hapless Rohr’s side, inadvertently directed the ball into his own net, while William Troost-Ekong gave away a needless penalty converted by the Man-of-Match Real Madrid midfielder Modric.

Our correspondent learnt that the players were not happy with Rohr’s team approach to the encounter in which China-based forward Odion Ighalo was isolated, Chelsea wing-back Victor Moses rendered a mediocrity showing and young Arsenal attacker Alex Iwobi was anonymous until he was substituted.

Camp sources told our correspondent on Tuesday that the seething players allegedly held a meeting where they  resolved to give their all against the  fearless Nordic side who made  Argentina superstar Lionel Messi look ordinary in their 1-1 draw  at the Spartak Stadium in Moscow on Saturday.

“The players reviewed their performances in the match against Croatia and resolved to hold talks with the coach before the game,” the source said.

The source also claimed that captain Mikel Obi  has come under pressure from his colleagues to persuade Rohr  to  feature players in their natural positions and also to play two strikers upfront.

Meanwhile, Israel-based John Ogucould land a starting role with Leicester City midfielder Wilfred Ndidi dropping to the bench.

Ndidi, whose fitness has a question mark,   emerged as  one of the flops against  Croatia, a tie  in which Etebo was a revelation.

It was also learnt that Rohr wants players who can match the combative and athletic Iceland side, with  players of an  average 1.90m in height.

It was also learnt that the former Gabon manager could retain striker Odion Ighalo in his line-up and hand  Ahmed Musa a starting role  as he seeks to break down Iceland’s.





































































Rainbowgist

First Bank to help 10,000 visually impaired Nigerians

First Bank of Nigeria Limited on Tuesday unveiled plans to deepen its intervention in the health sector with the empowerment of 10,000 visually impaired Nigerians.

The 10,000 visually impaired low-income Nigerians, according to the bank, will be provided with free pairs of eye glasses.

The glasses are to be distributed to them within a period of two years.

Speaking in Abuja during the launch of a partnership with Vision Spring, the firm that will supply the glasses, the Executive Director, Public Sector, First Bank Nigeria, Mr Abdullahi Ibrahim, said the initiative was in line with the Corporate Social Responsibility objective of the lender.

He said under the partnership, the bank would provide the financial support for the company to provide 10,000 pairs of glasses to Nigerians who were earning less than $4 per day.

Ibrahim explained that the partnership was designed to advance social impact by providing vision screening as well as eye glasses for low-income earners.

Ibrahim expressed confidence that a committed, well-funded and well-implemented programme for the visually impaired would enhance the goal of the bank in promoting quality education, good health and welfare for the stakeholders.

He said, “The First Bank and Vision Spring partnership launch is one of the key activities of the bank’s 2018 Corporate Responsibility and Sustainability Week.

“In partnering Vision Spring by providing eye glasses for the bank’s stakeholders with impaired vision such as customers, local community members and students where the bank operates, the bank will be advancing social and economic impact.”

Ibrahim added, “With good vision, the beneficiaries can work and earn, they can also acquire knowledge. Good vision can equally enable beneficiaries to stay safe as they go about their day to day activities.

“Our goal is to empower 10,000 people in two years by providing screening and discounted eye glasses. We are beginning with 2,000 people and will scale up subsequently.”

Apart from empowering the visually impaired, Ibrahim explained that the bank had designed programmes for small and medium enterprises to thrive and develop the national economy.





















































































































































































Rainbowgist

Daddy Freeze’s message to Chimamanda causes controversy

Popular On-Air Personality, Daddy Freeze, has again ignited a discourse following  celebrated writer, Chimamanda Ngozi-Adichie’s  take on chivalry and feminism.

The OAP generated mixed reactions after he wrote an open letter to Chimamanda following her recent comments on chivalry.

He downplayed her feminist ideologies, stating that the female gender had the innate belief that men must bear the greater weight of a physical burden.

Freeze backed his allegation by sighting an incident he witnessed some days ago. He said, “Dear Chimamanda, yesterday, while driving home from our online church service held on the radio, I saw a broken down ‘Danfo’ bus. All the women remained on the bus, while the men assisted the conductor in pushing the bus, as the driver tried his best to jump-start it.”

Freeze,  however, said wisdom was important when tampering with the innate characteristics of both genders, to avoid stirring up unwanted consequences.

“The other day you spoke of chivalry in a cute way, although your understanding of the word seemed questionable, your motives were nonetheless benign,” he said.

In an interview with Trevor Noah on Comedy Central’s The Daily Show Tonight, Chinmamanda had said, “I think gestures like holding the door shouldn’t be gendered. I think it’s lovely to hold the door but we should hold the door for everyone like I hold the door for everyone both men and women. So, I think the idea of holding the door for a woman because she’s a woman. I have a problem with it.”

She stressed that her issue with chivalry was how people made women look weak and in need of protection, adding that women and children were not meant to be classified in the dame group.

However, Freeze’s position sparked mixed reactions amongst the male and female folk in Nigeria .

While a number of women on several blogs and social media are undecided on his view, the males  are.

While one of the commentators cautioned Chimamanda on what he saw as extreme feminism,  another said, “I can never understand why everyone seems to misunderstand Chimamanda. Listen to what she said! She says that she herself likes the idea of chivalry and likes it when men open the door for her but she hopes they are opening the door not because they think she’s weak but because they are polite and ultimately we should all be opening door for one another regardless of gender.”

For Ibitox, Chimamanda has a lot to learn from Freeze’s views. He said, “I must give you kudos for this brilliant and well articulated write-up. I hope and pray the lady in question gets to see this and probably meet you for some good lectures about humanity in general.”





















































































Rainbowgist