Report predicts naira devaluation on Sanusi’s suspension

Click banner for more info

The naira is at risk of being devalued after President Goodluck Jonathan suspended the Central Bank Governor, Mr. Lamido Sanusi, last week, eroding confidence in monetary policy and sending the naira to a record low.

Bloomberg reported that the naira, which rose for the first time in six days on Monday, posted its biggest five-day drop in eight months last week.

The yield on Nigeria’s July 2023 dollar bond had its steepest one-day jump on record after Sanusi’s removal on February 20. The security has lost 2.3 per cent this year, compared with a 0.6 per cent drop in the JPMorgan Chase & Co. index of African sovereign debt.

Major Hamza Al-Mustapha launches NGO for Peace and Unity in Nigeria

Click banner for more info

Major Hamza Al-Mustapha, former Chief Security Officer to ex-Head of State, Late General Sani Abacha has launched a platform known as the Al-Mustapha Peace, Unity and Development Initiative which he seeks to use to promote peace in Nigeria, especially in the North.  The former prime suspect in the assassination case of late MKO Abiola's wife, Kudirat Abiola, who was let off the hook in June 2013, is currently on a nationwide tour soliciting the support of eminent members of the society.

Photo Post: 700 people STRIP N*KED to set new world record for the largest n*de ocean swim (Pics)

Click banner for more info

 See more pics bellow

Gov. Fashola Hands Over Imota Asphalt Plant, Commissions, Inspects Projects In Ikorodu, Agbowa.

Click banner for more info

The CHOICE Estate Housing Site at Agbowa in Ikorodu during Governor Fashola’s inspection tour on Thursday, February 20, 2014. INSET: Lagos State Governor, Mr. Babatunde Fashola SAN (middle) fielding questions from newsmen shortly after his inspection tour of CHOICE Estate Housing Site at Agbowa in Ikorodu, Lagos on Thursday, February 20, 2014. With him is the Commissioner for Information and Strategy, Mr. Aderemi Ibirogba (left).

With partnership we will find solutions to our problems instead of talking” he says

Lagos State Governor, Mr. Babatunde Fashola (SAN), Thursday handed over the Imota Asphalt Plant in Agbowa, Epe Local Government Area, assuring that his administration would continue to find solutions to its developmental problems in the State instead of talking about them.

Police Rescues Two ESUT Students From Kidnappers Den, Nabs One Suspect

Click banner for more info

The police in Enugu State, on Tuesday freed two students of the Enugu State University of Science and Technology, ESUT, from kidnappers’ den.

The students, Alexander Afamefuna Akadieze of Amankwo Oghe, a third year student of department of political science and Miracle Chukwuemeka, a second year student of department of sociology, regained their freedom after one week.

LASRAB Undertakes Badagry Records Survey

Click banner for more info

Lagos State Records & Archives Bureau (LASRAB) has carried out records survey and accessioning of Badagry Local Government to determine historical records of enduring value for preservation and use of future generations.

The survey was undertaken by Archivists of the Bureau led by Mr. Bolaji Uthman, the Director General - LASRAB. The exercise was conducted round the entire Local Government which include the Local Government Headquarters, Ajara Badagry and other parts of the Local Governments which include Ajido, Ere, Wawu and boundary town of Ikoga that is the boundary between Lagos and Ogun State.

Gov. Fashola Appoints Kasim acting CEO Ibile Holdings

Click banner for more info

Lagos State Governor, Mr. Babatunde Raji Fashola has approved the appointment of Fauziyyah Kikelomo Kasim as the Acting Chief Executive Officer of Ibile Holdings Limited. The appointment takes immediate effect.

According to a statement issued by the Head of Service, Mrs. Oluseyi Williams, Kikelomo Kasim was until her appointment a finance and investment practitioner,

Fashola Meets Okunnu, Shasore, other National confab rep. of Lagos

Click banner for more info

Lagos State Governor, Mr. Babatunde Fashola SAN (right) at a meeting with the Lagos Confab Committee members-former Federal Commissioner for Works and Housing, Alhaji Femi Okunnu SAN (3rd left), Mrs. Funmilayo Osinowo-Bashorun (middle), former Lagos State Special Adviser on Education and Chairman, Board of CG-EKO LLP, Prof. Tunde Samuel (2nd left), and the Chief of Staff, Mr. Lanre Babalola (left) at the Lagos House, Ikeja, on Monday, February 24, 2014.

Lagos State Governor, Mr Babatunde Fashola (SAN) on Monday publicly presented the six representatives of the State at the forthcoming National Conference, declaring that the position of the Governors in the South West is to allow their people who want to express themselves to do so distinct from what the political tendencies may be.

Video: El-Rufai Speaks on Lamido Sanusi's Suspension

Click banner for more info

Elrufai Speaks on Sanusi Lamido's Suspension; His Own Alleged N5billion Contract from CBN 

BigSin -Video: Pastor Nabbed Pants Down With Married Woman Returns To Church

Click banner for more info

Terrible: Guard Rapes Woman Returning From T.B Joshua’s Church In Lagos

Click banner for more info

Over the weekend, a 24-year-old lady, Tivere, was molested by a security guard – Kelly Ochuko- on Mutiatu Street, Ikotun, Lagos State, while returning from a vigil at the Synagogue Church of All Nation.

The incident happened around 2am.

Police source say Tivere had travelled to Lagos from Sapele, Delta State, to participate in Pastor Temitope Joshua’s midnight programme. Around 2am, she had left for her lodge when a 27-year-old Ochukwo allegedly accosted her.

Heartless: Man Nearly Killed His Wife With Cutlass In A Fresh Fight (Pictured)

Click banner for more info

Photo: Man Who Cut Off One Of His Wife’s Fingers Before Now, Almost Killed Her With Cutlass In A Fresh Fight

A spy policeman and an elder in Celestial Church of Christ at Afromedia Estate in Lagos, Mr Michael Okoli happens to be cooling off at a Police station for trying to kill his wife. Based on Mr Okoli, he kept the amount of N70,000 in the home for part of their residence rent, before leaving for work the following day. 

President of Uganda signs Anti- Gay Bill into law

Click banner for more info

It's my job to keep you updated, so here's what's up at the moment, dearies - Uganda's President Museveni has signed the country's anti-gay bill into law, despite warnings from US President Barack Obama that it would “complicate our valued relationship” and will mark a “step backward” for all Ugandans and reflect poorly on the country’s commitment to protect the human rights of its people.”

Boko Haram Hit men attack 2 villages in Borno , Govt seals border with cameroon

Click banner for more info

Boko Haram members yesterday Sunday Feb. 23rd attacked two villages, Mairari village of Konduga LGA and Izge village in Gwoza LGA in Borno state killing many people.

This is the second time the sect men are attacking Izge village. They had attacked the village on the 16th of February killing 63 people.  In this recent attack, the men came at about 2am, chanting war songs while they killed elderly people in the village and burnt down most of the standing buildings in the village. Most of the men, women and youths fled the village immediately they heard the sect men coming. 

"Elrufai Is Weeping For Multi billion Contract Not Sanusi" - Reno Omokri

Click banner for more info

Reno Omokri says 

"If Malam Nasir Elrufai can deny that his firm, Elrufai and Partners didn't get a major contract from the CBN under Sanusi Lamido Sanusi, then I produce a solemn oath to resign from my job as Special Assistant New Media to President Jonathan."

Sanusi Is Still CBN Governor - Pres. GEJ Insists

Click banner for more info

President Goodluck Jonathan has noted that Sanusi Lamido Sanusi is still the governor of the Central Bank of Nigeria.  Jonathan made this statement during the presidential media chat held on Monday evening. The President also stressed the fact that Sanusi was only suspended to give room for investigation into the allegation of financial recklessness levelled against him.  He assured that Sanusi will be restored to his position if he is not guilty at the end of the investigation.

Pics Post: Ugly Accident On Benin-Airport Road, Edo State [Graphic Pics]

Click banner for more info

 See more pics bellow

EME first lady, Niyola involved in fatal car crash

Click banner for more info

Nigerian singer Eniola Akinbo, popularly known as Niyola, miraculously survived a fatal car accident yesterday at about 7PM. The EME record label first lady, who was driving with a friend of hers, had the accident while driving in a Honda CRV from Lekki, Lagos, where she had just finished a meeting. 

Star Actress, Omotola Jalade Ekeinde's Legs In Mini Dress

Click banner for more info

Omotola Jalade Ekeinde shared the above photo with the caption "#Nofilter #birthdaygirl #steppingout #morning #firstday #ghana #36 #work #play #letsgooooo"

 #lovelylegs

R.I.P: Nollywood Actress, Ijeoma Okori Buried Amid Tears

Click banner for more info

The remains of Nollywood actress, Ijeoma Okori, who died during childbirth in early February 2014, was finally laid to rest on Saturday, February 22, 2014 in her hometown in Imo State.

It was gathered that many could not hold back tears as the late 27-year-old woman laid to rest. The deceased was a member of the Actors Guild of Nigeria (AGN) Rivers State chapter before her untimely death.