Ex-partner reveals reasons for ending relationship with Yoruba movie star, says decision followed months of unresolved issues

The former partner of popular Yoruba actor Akin Olaiya has spoken publicly for the first time about her decision to end their relationship, citing ongoing disagreements that could not be resolved. The revelation was made on Wednesday in Lagos, bringing fresh attention to the private life of the Nollywood figure.

According to her account, the split came after several months of attempting to address differences that arose during their time together. While she did not provide explicit details about the nature of the disagreements, she emphasised that mutual understanding became increasingly difficult, leading her to conclude that separation was the best option for both parties.

The development is significant given Akin Olaiya’s popularity within the Yoruba film industry and his active presence on social media, where speculation about his personal life has circulated in recent weeks. Many fans have wondered about the status of his relationship following hints and indirect posts from both individuals.

As at press time, Akin Olaiya had not issued an official statement regarding his ex-partner’s comments. Industry observers note that public breakups among high-profile actors often attract wide reactions from both supporters and critics online. Some colleagues have called for privacy and respect for those involved while others expect further clarifications in due course.

It remains unclear whether either party will share additional information on the matter. For now, attention remains focused on how this development may affect future collaborations or public appearances involving the actor.

Source: https://www.premiumtimesng.com/news/890289-actor-akin-olaiyas-ex-breaks-silence-speaks-on-why-she-quit.html

Partnership aims to expand credit guarantees and financial literacy for small businesses as government targets job creation

The National Credit Guarantee Company Limited (NCGC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) signed a Memorandum of Understanding (MoU) on Monday at the NCGC headquarters in Abuja, sealing a new partnership designed to improve access to finance for Micro, Small and Medium Enterprises (MSMEs) across the country.

The agreement outlines plans for joint programmes in financial literacy, credit guarantee support, capacity building, and other initiatives focused on strengthening small business growth. Key officials present at the ceremony included Minister of State for Finance, Dr. Doris Uzoka-Anite; Permanent Secretary of the Ministry of Finance, Lydia Jafiya; NCGC Managing Director/CEO, Dr. Bonaventure Okhaimo; ED Strategy and Operations, Tinuola Aigwedo; and ED Risk Management, Prof. Ezekiel Oseni.

MSMEs account for a significant portion of Nigeria’s economic activity and job creation. However, many face serious obstacles in accessing affordable credit due to high risk perceptions among lenders. The NCGC was established by government to provide credit guarantees that reduce these risks and encourage more lending from banks and other financial institutions.

Speaking at the event, Okhaimo said the partnership with SMEDAN would create a stronger framework for expanding finance options available to MSMEs nationwide. According to him: “Small businesses are central to Nigeria’s economic development agenda. This collaboration will help us deliver more targeted support so they can access finance, grow their operations and employ more people.”

Minister Uzoka-Anite described the agreement as an important milestone in government’s efforts to stimulate inclusive economic growth. She noted that enhanced cooperation between key agencies like NCGC and SMEDAN is expected to unlock new opportunities for entrepreneurs while also supporting President Bola Tinubu’s Renewed Hope Agenda on job creation.

With this MoU now in place, both agencies are set to roll out joint initiatives targeting MSMEs in every geopolitical zone. Officials say further details on implementation timelines will be released in coming weeks.

Source: https://guardian.ng/business-services/ncgc-smedan-sign-agreement-on-msme-financing-support/

Aviation body says high levies hinder growth, seeks government intervention after strained Nigeria–South Africa trade ties

The Airline Operators of Nigeria (AON) has called on the federal government to urgently review multiple aviation taxes and charges that it says are stifling the sector’s growth, while also advocating an economic boycott of South African businesses in response to perceived unfair treatment. The AON made this appeal in Lagos on Wednesday, highlighting concerns over rising costs and what it described as unfavourable bilateral relations with South Africa.

According to the AON, domestic airlines are grappling with numerous levies, taxes and statutory fees imposed by regulatory agencies, which they argue are driving up operational costs and making air travel less affordable for Nigerians. The group said these charges have become a major obstacle for indigenous carriers trying to compete both locally and internationally.

The call for a boycott of South African interests follows recent tensions between Nigeria and South Africa over trade and diplomatic issues. The AON warned that continued patronage of South African businesses by Nigerians undermines local industry, especially given what it described as South Africa’s restrictive policies towards Nigerian airlines and investments.

In a statement made available after its meeting, the association urged the federal government to initiate policy reforms that would harmonise aviation taxes and ensure a more conducive environment for operators. The group also appealed for reciprocal actions in Nigeria’s dealings with countries that impose barriers on Nigerian businesses. “We can no longer fold our hands while Nigerian airlines suffer under the weight of excessive charges and lack of reciprocity,” the AON said.

It is expected that the Ministry of Aviation will engage stakeholders on possible tax reforms in coming weeks. Industry observers say a review of levies could lower fares for travellers and boost competitiveness among Nigerian airlines. The government has not issued an official response as at press time.

Source: https://www.premiumtimesng.com/business/business-news/890284-aon-seeks-review-of-aviation-taxes-economic-boycott-of-south-africa.html