OPRAH WINFREY: WHITNEY HOUSTON FELL OFF STAGE, BEGGED AUDIENCE NOT TO LEAK. (PHOTO).

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 Oprah Winfrey: Whitney Houston fell off stage, begged audience not to leak At the Cannes Lions Festival, Oprah Winfrey transformed her acceptance of the LionHeart Award into a powerful reflection on purpose, responsibility, and legacy.  Speaking with festival chair Phil Thomas, she recounted her improbable journey from rural Mississippi to becoming one of the most influential figures in media.  Winfrey highlighted her philanthropic work, including the school she founded in South Africa, and shared personal stories about her friendship with Maya Angelou and her childhood experiences that shaped her drive to give back. She also revisited memorable moments from The Oprah Winfrey Show, including her interview with Whitney Houston. Winfrey described how she paused filming to ask Houston about her intentions, creating one of the most impactful conversations of her career.  Later, when Houston relapsed and fell off stage during a performance, Winfrey pleaded with the audie...
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NIGERIA'S FOREIGN RESERVES DECREASE TO $24BN RECORD LOW IN 2024- IMF. (PHOTO).

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 Nigeria’s foreign reserves decrease to $24bn record low in 2024 – IMF


International Monetary Fund says Nigeria’s foreign reserves dropped to a record low of $24 billion in 2024 from $33 billion last year.


IMF’s latest country report for Nigeria disclosed this, signalling potential challenges for Africa’s largest economy.


It noted that the first half of 2023 witnessed a surplus in the current account, yet there was a notable decline in reserves.


“Through 2024–25, the financial account will likely deteriorate, with no projected issuance of Eurobonds, large Fund and Eurobond repayments of $3.5 billion, and portfolio outflows.


“Hence, despite a current account surplus, officially reported reserves are projected to decline to $24 billion in 2024 before increasing again to $38 billion in 2028 as portfolio inflows resume,” the report stated.


But Central Bank of Nigeria data showed Nigeria’s foreign reserves stood at $33.12 billion as of February 8, 2024.

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