Sunday, September 8, 2013

For how long will CBN continue to defend the naira?

Nigerians’ penchant for foreign goods has continued to put pressure on the nation’s external reserves and the exchange rate. In the last four months – April to August- a total of $14.95 billion left the shores of Nigeria as payments made by Central Bank of Nigeria on behalf of the public. Of this amount, cash sales to Bureaux de Change, where those who purchase foreign exchange in small quantity buy from, amounted to $2.2 billion while letters of credit for direct importation amounted to $157.5 million.

No peace in Nigeria’s 53yrs of Hausa, Igbo rulership — Gen. Alabi-Isiama -

A former Principal General Staff Officer (PGSO) of the Nigerian Army and Chief of Staff of 3 Marine Commando Division (3MCDO) during the 1967-70 Nigeria-Biafra war, Brigadier-General Godwin Alabi-Isama, is a reporter’s delight anytime. He canvasses his views with passion and emotion, not minding whose ox is gored. He was at his best, literally shooting from the hips, during a visit to the corporate headquarters of Vanguard in Apapa, Lagos. 

Confirmed: UK has been sending gas chemicals to Syria for 6 years

British companies sold chemicals to Syria that could have been used to produce the deadly nerve agent that killed 1,400 people, The Mail on Sunday revealed today. Between July 2004 and May 2010 the Government issued five export licences to two companies, allowing them to sell Syria sodium fluoride, which is used to make sarin. Our source has previously reported on US companies adding chemicals used for sarin production to toothpastes and shampoos on a daily basis and UK pharmacies legally selling these chemicals to Syrians.
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(PHOTOS ) Shark Comsumed 600 US Sailors

The whitetip shark is notorious for targeting shipwreck survivors
As the shark swam closer to the boat, seasoned skipper David Bond noticed the beast was about 14ft long and probably weighed more than 1,000lb.
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Students don’t want ASUU to end strike – ASUU president, Dr Isa Fagge -( True Or False ??)

The Academic Staff Union of Universities has said it is continuing its nationwide strike on the advice of university students.
In a telephone interview with SUNDAY PUNCH, the President of the union, Dr. Isa Fagge, said students were tired of the incessant industrial actions by the university lecturers due to the Federal Government’s failure to implement the agreement it had with ASUU since 2009.

Fagge said the union had decided to heed the advice of the students to continue the strike until the Federal Government fully implemented the agreement.
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Privacy Fraud: NSA can track BlackBerry, iOS, and Android data ( Full Update)

The US National Security Agency (NSA) snoops on people by accessing user data from smart phones manufactured by all companies, new documents reveal. American spies can tap into iOS, Android, and even BlackBerry systems.
The US spying agency can get access to such data as contact lists, SMS traffic, notes and location information about where a user has been, said the documents obtained by Der Spiegel.
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Woman takes on $-ex Addict Husband With Hot Water; Newly Married Wife nabbedIn Katsina -

Woman Attacks S-ex Addict Husband With Hot Water To Defend Self; Newly Married Bride Arrested In Katsina
According to Sunday Sun, a newly married bride, Jamila Saidu Umar is now cooling her heels in police cell in Katsina State after being arrested for pouring hot water on her husband, Aminu Umar, during an argument over s-ex.
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Again: New Baby Factory Discovered In Imo

A woman named Mrs. Celine Eze from Umuezeala-Ogwara in Ehime Mbano Local Government Area of Imo State, has been arrested by security operatives for her alleged involvement in running a baby factory and child trafficking.
According to information available to, Mrs. Eze, a professional nurse, was arrested at her home in the community by security operatives from police headquarters, Owerri.

Weird: Brave Man Murders 6 People In Front Of Girlfriend To Prove He Is Still A Man.

A Russian man who killed 6 colleagues in a shooting spree at his work place has revealed he did it because he could not made love with his female colleague.

30-year-old Dmitry Vinogradov accused the 6 colleagues of convincing his girlfriend, Anna Kaznikova to end the relationship before he shot them.

Just In: Turkey scrambles warplanes after blast on Syria border

Several Turkish F-16 warplanes took off from base in southeastern Diyarbakir after large explosion close to Syrian border, local media reported on Sunday.

Turkey’s Sabah newspaper reported that the warplanes were headed toward Syrian border, according to Bloomberg news agency.


Female rep. receives a hot slap from Nairobi governor after meeting with Pres Jonathan (Watch)


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