FG Will Punish Banks, Importers Caught Round-tripping – Buhari

                       

President Muhammadu Buhari has said that banks, importers and individuals involved in round-tripping of dollars they buy from the Central Bank of Nigeria’s (CBN) official market and resell in the parallel market will be made to face the law when caught.

The president gave the warning in an interview monitored on Al Jazeera television at the weekend.

Forex round-tripping or arbitrage refers to a process whereby funds obtained from the official forex market (at lower rates) and diverted to other markets and sold at a higher rate by forex dealer, banks and end users.

Pastor Sambulo Pours Hot Water On Church Members To Demonstrate 'miracle' -

                        

A South African pastor, Apostle Thamsanqa Sambulo, claimed he performed a miracle and an apostle of God after he allegedly poured boiling water on himself and members of his church.

The KwaZulu Natal-based young pastor is the founder of Thy Word Kingdom Harvest Ministries which has been making headlines because of lots of reasons.

He has been having revivals across the country and he recently performed a miracle which left everyone shocked.

Olamide Announces Street Soccer

                          

Buhari Receives Jacob Zuma, At The State House

                        

President Buhari received visiting South African President, Jacob Zuma, at the state house today March 8th. Zuma is on a two day state visit to Nigeria.

Cows Spotted On BRT Lane In Lagos (Photos)

                         

This days cows do stroll in Lagos. Not just strolling in Lagos they are walking Majestically in the famous BRT lane, we recall how everyone hailed Fashola for arresting an Army officer who ventured there. 

Lagos Assembly Orders Relocation Of Mile 12 And Owode Markets

                         

Smarting from the last week’s crisis in the Mile 12 market area of Lagos, the State House of Assembly yesterday told the state government to begin arrangements for the relocation of the popular foodstuff market. 

The market, which is due to be moved to Parafa, in Ikorodu, according to the House, has overstayed its welcome in the area and should no longer be tolerated in the heart of the city.

EFCC Arraigns Bolaji Quadri For One Thousand US Dollars Fraud

                                 

The Economic and Financial Crimes Commission (EFCC) today March 7, arraigned one Bolaji Quadri (aka Philip Coffert) before honorable Justice Oluwatoyin Ipaye of the Lagos State High Court on a 6-count charge of forgery and obtaining money under false pretence.

The defendant allegedly duped one Raedeena Collins of the sum of $1000 by falsely claiming to be on Phillips Coffert. At the point of his arrest, several fraudulent documents were found in his possession including forged cashier’s cheque from international banks in both United States and United Kingdom.

Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot

                         

Representatives of the Swiss government are expected in Nigeria on Tuesday to discuss with their Nigerian counterparts the repatriation of another tranche of huge public funds stolen by late Head of State, Sani Abacha. 

The delegation will be led by the Swiss Minister for Foreign Affairs, Didier Burkhalter, who is expected to meet with Vice President Yemi Osinbajo, and the Minister for Foreign Affairs, Geoffrey Onyeama, over the repatriation of the $321million confiscated from the family of late former head of state, Sani Abacha.

How Ooni Ogunwusi Met Wuraola, His Mother's Namesake

                        

All roads will lead to Benin City this Saturday, 12th March 2016 as the Ooni of Ife, H.I.M Oba Adeyeye Ogunwusi and the beautiful Wuraola Otiti Obanor will hold their traditional marriage. Ooni's wife-to-be bears the same name as his late mother Princess Margaret 'Wuraola' Ogunwusi. Many have been wondering if the charming first-class king ascended the throne without a wife. Let's tell you that the 41-year-old king was married to Bukola Bombata who stepped out with him during his coronation in December 2015. 

2 Other Victims Of Ocholi Accident -

                  

click for another pics....

UNIPORT Lecturers Opt-out Of Rivers Re-run Election Over Wike’s Warning -

                        

Some lecturers of the University of Port Harcourt (UNIPORT) who were listed to serve as ad hoc staff of the Independent National Electoral Commission (INEC) in the March 19 State and National Assembly re-run elections in Rivers State have opted out of the exercise over an alleged threat by the State Governor, Chief Nyesom Wike.

INEC had shortlisted about 300 lecturers from UNIPORT to serve in the election as ad hoc staff.

The lecturers, who met with the Vice Chancellor of the university, Professor Ndowa Lale, on Monday, said their decision to stay away from the exercise was as a result of the statement credited to the governor that those who planned to rig the re-run elections should be ready for the consequences.

Abba Kyari Meets Ambode After The Rescue Of Kidnapped Lagos Schoolgirls

              

The brave and gallant police officer who led the opearton to rescue the abducted school girls in Lagos, has been is pictured with Lagos state governor, Akinwunmi Ambode, who expressed his gratitude after the rescue operation. 

Rivers APC Alleges Wike Wants To Bribe Ogonis For Votes With Blood Money

                        

The Rivers State Chapter of All Progressives Congress [APC] said its attention has been drawn to the announcement by the Secretary to the Rivers State Government [SSG], Chief Kenneth Kobani that the Rivers State Government will pay compensation to some families in Ogoni over the recent crisis in the area.

The APC in a statement signed by its State Chairman, Chief Davies I. Ikanya JP said while the APC is not averse to government providing assistance to citizens especially during crisis, however, we believe that the offer by the Rivers State Government is in bad faith. We are convinced that the government simply wants to bribe and induce the people to vote for PDP candidates in the forthcoming rerun elections under the guise of providing compensation to affected families.

Badeh, Metuh Sit Beside Each Other In Court (photos)

                      

                      

Former chief of Defence Staff, Alex Badeh, appeared in court on Monday for hearing on corruption charges slammed on him by the Economic and Financial Crimes Commission, EFCC.

Justice Okon Abang, of the federal high court, Abuja, however, remanded him in prison pending the determination of his application for bail.

OH DEAR! Pastor Catches His Wife With Choirmaster In Hotel

                      

                    

Some marriage these days is worse than boyfriend and girlfriend relationship! A middle aged pastor in a new generation church in Asaba, Delta State, has revealed how he caught his own wife live having s*x with the choirmaster of his church. Just imagine the nonsense!

The pastor who spoke to the press in Asaba said that report of his wife dating the choirmaster had got to his ears but he was finding it difficult to believe until he eventually caught them live in the act.