Thursday, 28 April 2016

EFCC: Bank MD detained over alleged Diezani's $115m Cash

Nigerian petroleum resources minister Diezani Alison-Madueke listens to a question following a speech at the IHS CERAWeek energy conference Tuesday, March 4, 2014, in Houston. (AP Photo/Pat Sullivan)

Managing Director of a leading Nigerian commercial bank has been detained by the Economic and Financial Crimes Commission, EFCC, for allegedly helping former Petroleum Minister, Diezani Allison-Madueke to launder $115 million cash.

Photos: Flooded Lagos roads

 After heavy downpour over the night, this is how Lagos looks like; What's the weather like in your vicinity? Comment below. More photos after cut;

Alicia keys to perform at first Champions League live Show

 Alicia Keys is to become the first singer to play live at the opening ceremony of the Champions League Final. The show will see the singer perform to around 80,000 people in Milan’s Stadio Giuseppe Meazza on 28 May and to TV audiences in over 220 countries.

Reason Why you should stop hugging your dog

 You need to stop hugging your dog. I don't care how floppy his ears are or how far his tongue lolls. Shut it down.

Here's Why so many people join Boko Haram, despite its notorious violence

Just over two years ago, the extremist Islamist group Boko Haram became infamous worldwide for kidnapping nearly 300 Nigerian schoolgirls, most of whom are still missing today. However, within the Lake Chad Basin region, a region straddling Nigeria, Chad, Niger, and Cameroon in West Africa, Boko Haram already was widely known for the brutality it had visited on its neighbors.
So why would anyone join?

Wednesday, 27 April 2016

The Presidency talks on the recent turmoil in Nigeria( Attacks by Fulani Herdsmen)

In a recent interview with Radio Continental, Special Adviser to President Buhari on Media and Publicity, Femi Adesina spoke on president Buhari's take on the recent attacks by Fulani herdsmen in some parts of the country. Adesina said contrary to public opinion, president Buhari had addressed the issue before...

Tuesday, 26 April 2016

Bill Gates talks about pushing a new clean Energy, but its not Solar or Wind

Bill Gates is looking for an energy miracle.
Clean energy may still be in its early stages, but Gates sees a lot of different paths to getting us there other than with solar and wind energy.

Man kills his daughter of 2 years after she interrupted his video game


A 31 year old Texas man, Anthony Michael Sanders was charged on Friday with capital murder for biting and smothering his two-year-old daughter in a 'fit of rage' after she interrupted his video-game playing on December 12, 2015.
Sanders killed his daughter, Ellie Sanders while her mom was out of the house at an art show. Photo of his daughter after cut;

Monday, 25 April 2016

Men Arrested for repackaging expired Digestive biscuits in Lagos


The Lagos State Environmental Sanitation and Special Offences Unit (Taskforce) today paraded two suspects identified as Rabiu Olalekan and Hakeem Tiamiyu for repackaging expired digestive biscuits.

Check out this funny post from Twitter

lol...

Venezuela court rejects bill to cut President's term









Nicholas Maduro, Venezuelan President
CARACAS, Venezuela (AFP) — Venezuela's Supreme Court on Monday rejected a proposed constitutional reform to cut short the term of President Nicolas Maduro, according to a written judgement.
The court ruled that such an amendment could not be applied retroactively or immediately to Maduro's current term, as proposed in a bill by opposition lawmakers who blame him for a

"I strongly believe everybody must die"- IBB

Image result for photo of IBB
Reporting from Minna—Former Military President, General Ibrahim Badamasi Babangida, yesterday, said he was not dead, but alive and in good health.
It would be recalled that the media was agog that the elder statesman was dead.
Babangida, who spoke to newsmen at his residence in Minna, said the rumour of his death

Buhari Appeals to Nigerians

Buhari Budget
President Buhari through a statement by the Presidential spokesman, Mallam Garba Shehu appealed to Nigerians to be patient with him over the difficulties in the land, adding that the change he promised will be achieved soon.
As part of the change, the President ordered the release of 10,000 tons of grains from the national strategic grains reserves to help alleviate hard times people were suffering.
The statement reads in full after cut;

Friday, 22 April 2016

The Nigerian Conflict you've never heard of

The jihadi group Boko Haram are usually characterized as the biggest threat to Nigeria’s state security and even as one of the world’s deadliest militant groups.
But in the first four months of 2016, Boko Haram have actually been responsible for less deaths—208 to be precise—than other sectarian groups in Nigeria combined, which have accounted for 438 deaths so far, according to the Council on Foreign Relations’ Nigeria Security Tracker. A huge chunk of these are down to an ongoing conflict between

Thursday, 21 April 2016

Economic Rent: Reason why Musicians earn more money than Graduates and higher degree holders 2

This article is linked to my previous post; Economic Rent: Reason why Musicians earn more money than Graduates and higher degree holders. But before proceeding, we should understand that Economic rent cannot necessarily be described as 'profit' because while profit comes with effort, Economic rent comes with little or no effort. We gave examples with

Economic Rent: Reason Why Musicians earn more money than Graduates and higher degree holders

Image result for picture of tuface idibia
 Just recently, I saw a post on Facebook which reads..."After four years in the university with 1 extra year for carryovers, 2 years of Masters Degree and I'm still broke while someone is making money with 'Skiboroboskibo osheee (lil kesh's slogan) lolzzz. It is funny though but it is true. So many entertainers are making more money than many graduates, the reason for this is