Nigerian Actor Bolanle Ninolowo, Wife End Marriage

Image

By Modupe Gbadeyanka

A popular Nigerian actor, Bolanle Ninolowo, has announced an end to his marriage, citing “an irreconcilable marriage dissolution” as the reason for the action.

The actor, who asked for privacy and prayers from his fans “during this process as we heal and move on with our independent lives,” said he made efforts to keep the union intact, particularly because of his children.”

However, he said since the centre could no longer hold, “my wife and I decided to go our separate ways,” though they will “jointly” take care of their children, who said they both “love most.”

The heavily-built actor said he actually fought hard “never to be separate from” his family, especially his children, but could not force the union to remain as one, noting that he had to “accept the sad reality,” of divorce and move on with his life.

Bolale Ninolowo is an entertainer who flaunts his family on social media, winning the hearts of his fans because of the show of love between him and his wife.

Though the actor said he is heartbroken, he stressed that he is not shattered because he stands tall “as I break this sad news to the same world who adores my beautiful family and I.”

Share
Related Stories
Image
13-October-2023

Your Ultimate Watchlist on Africa Magic Showcase on GOtv Supa +

Save yourself the hassle of creating a watchlist because we’ve got you covered with a weekend of compelling stories lined up just for you on Africa Magic Showcase on GOtv Supa +.Join in as we Embark on a journey of intense redemption in Slum King, explore unbreakable bonds in Flawsome, and delve into thrilling heists in Chronicles, and much more. Your weekend is about to get a lot more exciting with these shows; Slum King: Delve deep into the life of Edafe, also known as Maje Esu Umukoro. A young man haunted by the scars of his past and yearning

Image
10-November-2023

Afreximbank Floats $1bn African Film Fund

By Adedapo Adesanya  The African Export-Import Bank (Afreximbank) is establishing a $1 billion African Film Fund in 2024 to support the continent’s movie industry. This information was disclosed by the Executive Vice President for Intra-African Trade Bank at Afreximbank, Mrs Kanayo Awani, in Cairo, Egypt, during her address at the opening of the 2023 Creative Africa Nexus (CANEX) Summit held as part of the third Intra-African Trade Fair (IATF2023). IATF2023 is Africa’s largest trade and investment fair opened yesterday and will run till November 15, 2023. Mrs Awani said that the fund would oversee film financing, co-finance with large studios,

Image
19-October-2023

Why Investing in Local Content is a Catalyst for Growth

Today, more and more people want to see their heritage come to life. They want their stories told and their experiences reflected on screen. With a growing appetite for African content, businesses have a great opportunity to invest in local productions – and consequently local people. The desire for local content and the drive to consume content allows broadcasters to improve the skills of local production crews, invest in better equipment and facilities, and highlight local talent on- and off-screen, and also adjacent industries. In Nigeria, for instance, MultiChoice plays a pivotal role in empowering talent and driving economic development.

Image
17-November-2023

Top Five TV Shows on GOtv

Get ready to dive into a world filled with love, laughter, competition, and captivating stories. Experience an exclusive glimpse into the lives of one of Nigeria’s prestigious families, the Irabors. Engage in lively discussions on hot and trending topics with the dynamic radio duo, Gbemi and Toolz and you can also join the ultimate family game show hosted by the delightful Stephanie Coker and rising sensation Darasimi Nadi on Indomie Love Bowl. Whether you’re a fan of romance, reality, or pure entertainment, there’s something for everyone. So, grab your remote, get comfortable because your weekend is about to get a

More Stories
Image
25-September-2018

Selloffs at T-Bills Market as Lending Rate Jump to 19.42%

By Dipo Olowookere There was a selling pressure on the treasury bills space on Tuesday as investors reacted to the directive to five states by the federal government to return the amount they got recently from the Paris Club refund to them. One of the states was Osun State, which received N17 billion few days to the September 22, 2018 governorship election, which was declared inconclusive by the Independent National Electoral Commission (INEC), with a supplementary poll slated for this Thursday. The reversal of the Paris Fund refund, according to analysts at Zedcrest Research, led to a significant decline in

Image
22-January-2021

Why We Must Sell National Assets—Finance Minister

By Ahmed Rahma The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has explained why the federal government is bent on selling some national assets despite oppositions to this. Mrs Ahmed, while speaking on Friday on Channels Television’s Sunrise Daily, disclosed that the sale of these “moribund” government properties would benefit Nigerians and boost the nation’s economy. She argued that some of these controversial governments assets were currently moribund and provide little or no value to Nigerians in their current state. “There are some government assets that are dead that can be sold to the private sector to

Image
16-August-2018

Bunmi Lawson Resigns as Interim Managing Director of Fortis MFB

By Dipo Olowookere Mrs Bunmi Lawson has resigned her appointment as the interim Managing Director of Fortis Microfinance Bank Plc. This information was revealed by the interim management committee of Fortis Microfinance Bank Plc yesterday. In a statement its scribe, Mr Victor Emerson, the financial institution disclosed that the resignation took effect from Friday, August 3, 2018. However, the lender did not explain in the statement why Mrs Lawson was quitting the position at the firm. “Following the said resignation, it is expected that the Central Bank of Nigeria (CBN) will announce the appointment of a new Interim Managing Director

Image
17-April-2022

Improving Service Experience to Increase Customer Satisfaction

By Otori Emmanuel Customer satisfaction should be a business aim as it is vital to success for all brands. Customer satisfaction can be improved through user experience, which can have a favourable impact on your company’s return on investment (ROI). A happy customer is a satisfied customer. Customers that are dissatisfied with your service are less likely to return. From research, after a series of poor experiences, 59 per cent of customers will abandon the company, and 18 per cent tend to leave after one poor experience. It is worthy to note that 98 per cent of customers who have

Image
12-May-2020

SEC Monitors Impact of COVID-19 on Capital Market, Reopens Abuja Office

By Dipo Olowookere The Securities and Exchange Commission (SEC) has announced the reopening of its head office in Abuja following the easing of lockdown in the city as well as in Lagos and Ogun States. A statement issued on Monday by the Head of Corporate Communication at SEC, Mrs Efe Ebelo, disclosed that the office will be opened to members of the public between 10am and 1pm on Mondays, Wednesdays and Fridays. However, she said due to the need to protect its stakeholders and members of staff, the commission issued some guidelines among which is that stakeholders are strongly advised

Image
24-December-2022

NASD’s Key Performance Indicators Remain Unchanged Friday

By Adedapo Adesanya The key performance indicators at the NASD Over-the-Counter (OTC) Securities Exchange maintained stability on Friday as they remained unchanged at the close of business. Business Post reports that the flat outcome occurred as there was no single price gainer or loser, with prices of stocks on the platform retaining their previous day’s rates. It was observed that investors were reluctant to trade their unlisted shares during the session, though the bourse witnessed a significant increase in activity level, this was caused by the bulk trade at the final session of the market before the Christmas break. Yesterday,

Image
01-December-2017

Hungary to Purchase Crude Oil, LNG from Nigeria

By Modupe Gbadeyanka At a time that international crude oil market is getting more competitive, the Hungarian Government has indicated interest to purchase crude oil and Liquefied Natural Gas (LNG) from Nigeria. The Hungarian Ambassador to Nigeria, Professor Gabor Ternak, who disclosed this during a courtesy call on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, Tuesday, in Abuja, said the decision to import crude oil and LNG from Nigeria was informed by the need to bridge the current supply gap being experienced in Hungary. “Hungary depends on oil importation to serve its energy

Image
09-August-2019

Buying Interest in 9 Stocks Lift NSE Index by 0.05%

By Dipo Olowookere Bulls resurfaced at the local equity market on Thursday as a result of invitations from nine stocks led by MTN Nigeria during the trading session. Investors reacted positively to news of MTN Nigeria being added to the MSCI Frontier Markets Index as well as the raising of $140.24 million from the sale of some assets by its parent company based in South Africa as part of its divestment plan announced in March 2019. The Nigerian Stock Exchange (NSE), which was like closing bearish again, ended 0.05 percent higher to reduce the year-to-date loss to 12.74 percent. The

Ad
Ad
Recent Stories
Image
28-November-2023

Zenith Bank Lights Up Ajose Adeogun Street With Beautiful Decorations

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

Image
28-November-2023

FG Rehabilitate TinCan, Onne Port, Others With $1.1bn

By Adedapo Adesanya  The federal government, through the Nigerian Ports Authority (NPA), has announced plans to invest $1.1 billion to fully rehabilitate decaying port infrastructure at TinCan, Apapa, Rivers, Delta, Calabar, and Onne ports as part of efforts to improve the efficiency of the nation’s existing ports. Out of the estimated 47,000 kilometres of coastline in Africa, Nigeria makes up about 853 kilometres, creating the perfect opportunity to get access to its much-needed revenue. This coastline and a 200 nautical mile exclusive economic zone make up Nigeria’s coastline in the Gulf of Guinea. The coastline equals a maritime area of

Image
28-November-2023

EFCC Educates Public About Ways to Prevent ATM Card Swap Fraud

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians of unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swap fraud. The commission issued the alert on Monday in a statement by the Head of Media and Publicity, Mr Dele Oyewale. According to the EFCC, fraudsters engaged in this activity typically keep a debit card from the same bank and, under the guise of assisting a confused bank customer at an ATM point, swiftly swap the card while memorising the PIN used with fake cards. “These cards get stuck in the machine due to a

Image
28-November-2023

NCAA Suspends United Nigeria Airlines Wet-Lease Aircraft

By Aduragbemi Omiyale One of the wet-lease aircraft in the operations of United Nigeria Airlines has been suspended by the Nigeria Civil Aviation Authority (NCAA). A wet-leased is a leasing arrangement whereby one airline (the lessor) provides an aircraft, complete crew, maintenance, and insurance (ACMI) to another airline or other type of business acting as a broker of air travel (the lessee), which pays by hours operated. The regulator decided to suspend the plane after one of the flights of the airline destined for Abuja from Lagos landed in Asaba, Delta State, over the weekend. While the company claimed the

Image
28-November-2023

BFREE Plans $40m to Acquire Bad Loans from Union Bank

By Modupe Gbadeyanka A cutting-edge German-Nigerian financial technology (fintech) firm, BFREE, plans to put down $40 million to acquire some distressed loan portfolios in Union Bank of Nigeria. A statement from the Nigerian lender said both parties signed a Memorandum of Understanding (MOU) in Berlin on November 21, 2023, at the German-Nigerian Business Forum. It was disclosed that BFREE would partner with its international financing partners to refinance bad loans from Union Bank, particularly those delayed in repayment or already written off. Union Bank expressed its optimism that this strategic partnership with BFREE would not only bolster the bank’s financial

Image
28-November-2023

Unlisted Securities Close 0.84% Higher

By Adedapo Adesanya The duo of Aradel Holdings Plc and 11 Plc landed the NASD Over-the-Counter (OTC) Securities Exchange in the green territory by 0.84 per cent on Monday, November 27. The two energy stocks overpowered losses posted by two other securities admitted to the alternative stock exchange, leaving the NASD Unlisted Security Index (NSI) closing higher by 7.22 points to 864.51 basis points from 857/29 points, as the market capitalisation of the exchange increased by N9.78 billion to N1.171 trillion from N1.162 trillion. Aradel Holdings Plc saw its share price continue to soar as it rose by N28.80 to

Image
28-November-2023

Naira Falls at Across FX Market Segments as CBN Vows to Clear Backlogs

By Adedapo Adesanya The Naira depreciated in the opening session of the week in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, November 27 against the Dollar by N19.71 or 2.5 per cent as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, said the lender was committed to clearing a backlog of foreign exchange (forex). “We have initiated the payment of unsettled forward foreign exchange obligations, and these payments will continue until all obligations are cleared,” he told bankers last Friday during a dinner speech in Lagos. However, his assurance could not ease the pressure

Image
28-November-2023

Tinubu Reshuffles NNPC Board, Retains Kyari as CEO

By Adedapo Adesanya President Bola Tinubu has announced the reappointment of Mr Mele Kolo Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. This move comes as part of a larger reshuffle, where President Tinubu has unveiled a new board and management team for the NNPC Limited which will commence their duties from December 1, 2023. Mr Kyari’s reappointment comes after recent calls to have him sacked. Having spent four years under the immediate past administration of Mr Muhammadu, the renewed appointment shows the current government has confidence in his ability to steer the

Image
28-November-2023

Investors’ Bullish Optimism Further Lifts NGX Index by 0.17%

By Dipo Olowookere The positive momentum witnessed at the Nigerian Exchange (NGX) Limited continued on Monday with a 0.17 per cent leap at the close of business. Buying pressure, particularly in a few blue-chip equities, kept the bulls at Customs Street during the trading session, though the consumer goods space succumbed to profit-taking by 0.99 per cent. But hope was kept alive by the gains reported by the other key sectors of the market, with the banking counter growing by 1.71 per cent, and the industrial goods index appreciating by 0.01 per cent, while the insurance and energy sectors remained

Image
28-November-2023

Brent Crude Slides Below $80 Per Barrel Ahead OPEC+ Meeting

By Adedapo Adesanya Brent crude benchmark dipped below $80 a barrel on Monday, precisely losing 60 cents of 0.7 per cent to trade at $79.98 a barrel as investors await this week’s meeting of the Organisation of the Petroleum Exporting Countries and their allies (OPEC+). The group is anticipated to maintain its ceiling on crude oil production by member countries into 2024. This affected the oil market, with the West Texas Intermediate (WTI) crude futures declining yesterday by 68 cents or 0.9 per cent to trade at $74.86 per barrel. Last week, the 23-man OPEC+ postponed its Sunday ministerial meeting