Friday, October 23, 2015

Zara Clothing  Tycoon, Amancio Ortega overthrows Bill Gates as the richest man in the world - Forbes 

Spanish clothing magnate Amancio Ortega, 79, over took Microsoft founder Bill Gates for the first time ever in the Forbes rich list. According to Forbes’s real-time tracker, the elusive multibillionaire founder of European clothing retailer Zara smashed past Bill Gates to become the wealthiest person on the planet, with a fortune of $79.8 billion (€71.83 billion or £51.84 billion). Bill Gates’ estimated net worth is $79.5bn as of this afternoon. He’s expected to take back his top position from Ortega.

The elusive Ortega isn’t as much of a household name as Gates, but he’s quietly ascended the wealth rankings in recent years, as his company continues to perform well and expand.

Unlike many of the richest people in the world, Ortega has a fascinating rags-to-riches story. Born in 1936 during the Spanish Civil War, Ortega’s father earned 300 pesetas a month, a meager salary.  Ortega’s biographer described his memories of a childhood during which his family could not always afford enough food. He left school in his early teens, working his way up from the absolute bottom rung as a messenger boy in a shop.

It wasn’t until he was 40 years old that Ortega got around to setting up Zara, the fast-fashion retailer that has gone from strength to strength — first growing in Spain, then neighbouring Portugal and France, then London. Now it’s all over the globe.

According to Forbes, Ortega’s wealth rose by 5.3%, another $4 billion, over the last 24 hours. That’s partly down to a surge in Inditex shares, the parent company that owns Zara.

In the last 10 years, the market value of Inditex has risen by about 570%, the main driver of Ortega’s climb up the ranks.

n an odd turn of events, Ortega hasMario Draghi to thank for his new rank — the head of the European Central Bank’s hints that the ECB would boost its quantitative-easing programme on Thursday sent shares in the eurozone surging upwards.

Source: Business Insider


Michael Jackson's doctor who was rumored to be biological dad of his kids passes on

Late Michael Jackson's longtime physician Dr. Arnold Klein, has died. The man rumored for years to be the biological father of Michael's two oldest children, Prince and Paris, passed away Thursday night in California according to TMZ. He was 70 years old. Klein, who was one time the biggest dermatologist in Hollywood, was admitted to the hospital four days ago suffering severe abdominal pains. He was also suffering from Multiple Sclerosis & confined to a wheelchair at the time of his death. Klein hinted on many occasion that he was the biological father Prince and Paris.

Pastor assassinated in Bayelsa state

The head pastor of The Land of Peace Ministry, Alawari Ogili, was allegedly assassinated by known gunmen at his residence along DSP Alamieyeseigha Way, Opolo, Yenagoa, the state capital on Wednesday 21st.

Sources told The Nation that the armed men scaled through the fence of the deceased and lured him out of his house by stopping his generator. When he came out, he was shot multiple times and the assassins left without taking any of his belongings.

I Haven’t Found The Right Man – Genevieve


Most up to date motion picture maker in town, Genevieve Nnaji, talks with CHUX OHAI about her new film and plans for what’s to come

At a time many  motion picture fans in Africa are thinking about whether she has given it up with film acting, celebrated performing artist, Genevieve Nnaji, simply declared the arrival of her own movie after what appears like a long rest from the lighted screen.

Titled ‘Street to Yesterday’, the film is delivered by the performing artist – funded straight from her own pocket with extra backing from AfricanMagic, as she claims in a meeting with our journalist. Be that as it may, it is written and coordinated by Ishaya Bak

Explaining why it has taken her a long time to join the growing ranks of new generation movie producers in the country, Genevieve says, “I chose to be an actress. Acting was what I had always wanted to do. I don’t think that I ever imagined myself producing a film. I love acting. If the Nigerian movie industry was as stable as it should be, I probably would have been on the set of a movie every day of my life and not be bothered about what goes on behind the camera. So it is a matter of choice and preference.”

Genevieve plays the lead role in ‘Road to Yesterday’ alongside Ghanaian actor, Majid Michel. Chioma Omeruah, Ebele Okaro and Oris Ehuero, among others featured in the movie.

Apart from Majid and Ebele, most of the actors and actresses are not part of the regular Nollywood crowd. Genevieve tells our correspondent that the departure from the ‘old’ crowd is deliberate.

She says, “It is part of our effort to open up Nollywood to more newcomers and to create opportunities for people who are very talented and who have the passion for this job. This is why we have somebody like Ishaya Bako in the team.”

But to the disappointment of those who have for long expected Genevieve to choose a life partner and finally walk down the aisle, marriage does not seem to be in her agenda yet. Asked when she would finally take the plunge, the actress replies that contrary to speculations, she has not ruled out marriage. But that she would make up her mind as soon as she meets the right person.

“I haven’t found the right man yet. When he comes, I’ll get married,” she says.


NIS Tragedy: Abba Moro Visits EFCC Again For Questioning

Former Minister of Interior, Mr. Abba Moro, was again at the Economic Governance Unit of the EFCC on Thursday for questioning over last year’s Nigeria Immigration Service, NIS, recruitment tragedy.

The former minister, who arrived the commission by 11 am on Thursday, was allowed to leave around 4.20pm after being interrogated by operatives of the agency.

A top operative of the commission told Punch that Moro was asked to go on administrative bail after the interrogation on Tuesday and was directed to return on Thursday for a continuation of the exercise.

The source said, “The former Minister of Interior, Mr. Abba Moro, returned to the commission on Thursday.

“You know that the man came here on Tuesday and was asked to return on Thursday and he kept his word.

“He came by 11 am and left the office after his interrogation by 4.20 pm.”

The report said that the anti-graft agency was still continuing with the investigation into the recruitment which led to the death of 19 Nigerians across the country.

The EFCC had reopened investigations into the NIS recruitment scandal with the interrogation of the immediate past Comptroller General of Customs, Mr. David Paradang, on September 15, 2015.

EFCC spokesman, Mr. Wilson Uwujaren, confirmed to the newspaper that Moro was at the commission to keep his appointment with the operatives but would not say anything further.

“Yes. It is true that he came today,” he said.

Daily Post.


Fayemi To Nigerians: Don’t Expect Miracle From Govt

For those expecting immediate dividends to validate confidence in newly elected government, former Ekiti State Governor Dr. Kayode Fayemi yesterday warned them to desist.
Government, the minister-designate said, needs time to deliver such dividends to their people.
Fayemi, who spoke as guest speaker at the 2015 Akintola Williams Distinguished Lecture Series in Lagos, said long-term visioning and succession planning were essential to avoid failed leadership.
He presented a paper titled: “Leadership factors and good corporate governance: Key to national growth and development”.

He warned politicians who often make “wild promises” before they are voted into office.
Participants at the lecture included the renowned chartered accountant in whose name the lecture was held, Mr. Akintola Williams, former Head of Interim National Government Chief Ernest Shonekan, Ogun State Governor Ibikunle Amosun and one- time Lagos State Commissioner for Finance, Mr. Wale Edun.

DHQ: No Mercenaries For Fight Against Boko Haram

Nigeria does not need mercenaries in its fight against Boko Haram, the Defence Headquarters (DHQ) said yesterday.  The country has the capacity to handle the insurgents on its own, Acting Director of Defence Information (DDI) Col. Rabe Abubakar said.

How Market Leadership Tussle Demotes Akure’s Eze Ndigbo

UNTIL last week, the Eze Ndigbo of Akure, Gregory Iloehike was a man about town. He used to go about in Akure, the Ondo state capital with all the paraphernalia of a traditional ruler and served as the voice of the Igbo in the metropolis. But his over bloated ego of many years was deflated when he reportedly “ disrespected the town’s monarch’’ by uttering uncomplimentary remarks to the Deji of Akureland, Oba Aladelusi Aladetoyinbo, who invited him to the palace in Akure to find a lasting solution to a leadership tussle in a popular market in the ancient town.

PDP Senators Kick As Senate Screens Amaechi …Vow To Oppose Ex-Gov’s Confirmation

•I’ve never taken bribe in my life – Amaechi

AFTER three postponements, a former Governor of Rivers State and President Muhammadu Buhari’s ministerial nominee, Rotimi Amaechi, was finally screened on Thursday by the Senate but the exercise left the Peoples Democratic Party members of the Senate alleging betrayal.
The opposition senators have also threatened to oppose Amaechi’s confirmation when the time comes.
They said their All Progressives Congress colleagues in the upper legislative chamber betrayed the agreement they had not to screen the ex-Rivers governor given the report of the panel that investigated the petitions against him.

Jonathan’s Critics Should Move On – Aide

A former Special Assistant to ex-President Goodluck Jonathan on New Media, Reno Omokri, has advised critics of the past government to desist from castigating the policies of the immediate past government.
Omokri, who stated this on his official Twitter handle on Thursday, said since the elections were over, politicians must build “rapprochement and reconciliation” rather than encourage bitterness.
He said it was foolish for Nigerians to curse their leaders.
He said, “Elections are over. We must build rapprochement and reconciliation. When siblings fight to death, strangers inherit their father’s estate. I have moved on. Former President Goodluck Jonathan has moved on. He will be leading Commonwealth observers next week. Haters and critics should also move on.

Hillary Clinton grilled 11 Hours Over Benghazi Attack

Hillary Clinton stood her ground through a grueling 11 hours of questioning over the 2012 Benghazi attacks, parrying Republican blows at a high-stakes congressional hearing that could impact her bid for the White House.
Partisan fireworks exploded repeatedly between Republican and Democrat members of the House Select Committee on Benghazi during the marathon grilling that at times took on the character of an interrogation.
But the Democratic frontrunner for president was relentlessly composed as she accused her rivals of exploiting the deadly attacks in Libya — which came under her watch as secretary of state — for political gain.

Kifasi Hands Over To Oyo-Ita As HSCF

The outgoing Head of the Civil Service of the Federation (HCSF), Mr Danladi Kifasi has called for more attention towards the provision of welfare support for civil servants.

Kifasi made the call while presenting his hand-over notes to the Acting HCSF, Mrs Winifred Oyo-Ita yesterday in Abuja.

According to Kifasi, the desire to motivate civil servants for higher productivity has always been constrained by lean budgetary allocation.

He said it had become imperative to adjust expenditure to meet critical needs, sustain operations and ensure effective service delivery to the public.

Kifasi maintained that he had kept faith with the oath of allegiance he took on assumption of office 13 months ago, serving the country dutifully and faithfully.

In her remarks, Oyo-Ita thanked Mr. President for the opportunity given her to serve as head of service and given recommended Kifasi for his insight and service to the nation.

She stressed the need for civil servants to be innovative and to reposition themselves to deliver timely and quality services to meet the desire of the people. (NAN)


Check out Top 5 Sports Personalities Making Nigeria Proud

Nigeria is a sports loving country. This can be observed during the weekends when people in cities like Lagos, Kano and Port Harcourt flood various stadiums and bars to watch the English premiership and other local and international sports tourneys.

Patriots donning the green white green national colour are always proud to step out to represent this country and put the nation in the headlines of the international sports media.

While many remain fans for the rest of their lives, a few others rise through the ranks to global acclaim as superstars in track and field events.

Blessing Okaghare

This Sapele born athlete is Nigeria’s best-known track and field sports personality. She first came to limelight when she won a bronze medal in the long jump event at the Beijing Olympics in China in 2008.

Her versatility led her to add 100 and 200 metres to her list of events. She compete in these events and has been very successful so far.

Her sterling performances in Africa and at international events have won Nigeria international acclaim and recognition.

Chika Chukwumerije

Chika is the son of late Senator Uche Chukwumerije. He is best known for fighting in the sports of Taekwondo. His prowess in Taekwondo saw him inducted into the World’s Taekwondo Hall of Fame in New Jersey, as an ‘outstanding male African Olympic player’ in 2009.

He won a gold medal at the 2007-all Africa games and in honour of his immense contribution to Nigerian sports, he captained Nigeria to the 2012 Olympic Games in London. His dedication to training and determination to win has endeared him to many.

Chika has fought 39 registered fights and won 20 out of them according to, Africa’s Number 1 rounds up 5 sports personalities making Nigeria proud around the world in various international sports.

Asisat Oshoala

If you peruse a list of female football players in Nigeria, Oshoala will be number one on that list.

Her dribbling skills, eye for goals and team play won her the first ever BBC Female World Footballer of the year. She defeated female football superstars like Marta-Brazil, Nadine Kessler-Germany, and Kim Little Scotland to emerge the winner.

According to the Guardian: “Oshoala, who became the first African footballer in the Women’s Super League when she signed for Liverpool in January, won the Golden Boot and Golden Ball at the 2014 Under-20 World Cup, where she scored seven goals in six matches.

Aruna Quadri

He played table tennis as a hobby when he was young. But, today he is known all over the world as one of the best ping pong players. The peak of his career came in 2014 when he was declared the International Table Tennis Federation, ITTF, star player of the year.

This was indeed a well-deserved award as he defeated the best including the Chinese players, the purported owners of the ping pong game to scoop the award. It was a moment to savour for many Nigerians!

John Mickel Obi

Mickel Obi came to the consciousness of football fans across the world at the 2005 U-20 FIFA World Cup in Netherlands.

His telegraphic passes and sleek ball distribution made football pundits name him a talent for the future. He won the silver medal alongside other team members at the tourney. He was even billed to replace Austin ‘Jay Jay’ Okocha in the in midfield position of the National team.

Today, Mickel Obi plays for Chelsea, one of the top teams in England. He is a key player for the team and has won the English Premiership, the Champions league and the African Nations cup. He is one of the few decorated Nigerian players after the great Kanu Nwankwo.

Ogunfowoke Adeniyi

Travel/Technology Writer




Photos: Ambode chairs Lagos state inaugural executive council meeting

Lagos state governor Akinwunmi Ambode and his newly sworn in commissioners and special advisers, had their inaugural executive council meeting at the Lagos House in Ikeja, yesterday October 22nd. Continue to see more photos..

Dayo Adeneye nominated as a commissioner in Ogun state

At a plenary yesterday October 22nd, the Speaker, Rt.Hon. Surajudeen Ishola Adekunbi read out ta letter from the Governor of Ogun State, Sen. Ibikunle Amosun, wherein names of five additional commissioner nominees to be screened today October 23 by 11am. were contained. The following names are: Mrs. Modupeola Mujota. Mr. Adedayo Adeneye. Mrs.Adenrele Adesina 4.Mr. Babajide Odubanjo. 5.Mr. Adewale Oshinowo‎. Big congrats to him.

Grandmother rescued from collapsed building dies

The 82-year-old woman, Alhaja Mistura Ahmodu,  who was rescued from a three-storey building that collapsed on Swamp Street, Lagos Island, on Wednesday, is dead.
Her granddaughter, Shukura Ishola, told PUNCH Metro on Thursday she died around 5pm on Wednesday at the Lagos Island General Hospital, alleging that medical personnel at the hospital did not attend to her immediately they got there.

One stabbed as armed robbers rob motorists in Lagos traffic

One man was stabbed during an armed robbery incident along the Costain-Eko bridge yesterday night. Motorists who were in traffic as they returned from work were robbed of their valuables by robbers who were armed with pistols, hammers, cutlasses and other dangerous weapons. The robbers smashed the glasses of motorists and demanded for their phones, bags and other valuables. In some cases, the motorists were the ones who had to wind down their car windows and hand over their belongings so that there cars will not destroyed. Also at Oshodi yesterday night, a lady was robbed of her belongings by some hoodlums. The spate of armed robbers attacking motorist in Lagos has increased in recent times. Please the government needs to work on the security of our lives and property.

Robert Mugabe wins World's Nobel Peace Price

Zimbabwe's president, Robert Mugabe has been awarded the Confucius prize, China's version of the Nobel prize. The 91-year old beat off competition from Bill Gates and South Korea's president Park Geun-Hye.  A statement from the prize committee declared that Mugabe had helped to improve the welfare of his people, despite his continual use of intimidation and detainment.
'Ever since Robert Mugabe was sworn in as the president of Zimbabwe in the 1980s, he has worked hard to bring political and economic order to the country and to improve the welfare of the Zimbabwean people by overcoming hardship,' the statement said.

Photos: NDLEA smash cult group in Abia

Operatives of the National Drug Law Enforcement Agency (NDLEA) in Abia State command have smashed a group of suspected cultists located in Aba. The suspected cultist are identified as Valentine Obinna, 23 years old; Amadi Amaechi, 24 years; Okonkwo Pascal, 30 years; Dike Chizoba, 30 years; Prince Lucky Chukwu,25 years; Chimezie Kingsley, 24 years; Emmanuel Kanu, 21 years; and Nwanakwere Peter, 22 years.

Photos: EFCC arraigns former Adamawa Commissioner for N20m Land Fraud

A former Adamawa State Commissioner for Finance and Local Government and Chieftaincy Affairs, John Elias, was yesterday October 22nd arraigned before Justice B.B Aliyu of Federal High Court Yola, Adamawa State over a N20 million fraud. A statement from EFCC states that Elias allegedly sold and appropriated some properties, which are under interim forfeiture to the Federal Government.

Oby Ezekwesili's son Vs Ohimai : U're a Grasshopper... No Home training!

One of Oby’s child – Chine Ezekwesili began the dramatization by offending Ohimai Amaize over his choice to leave PDP which he reported on twitter yesterday. The previous Special Adviser wasn’t going to take it and took to twitter to reply Chine. Online networking is sweet and depleting. haha. See their offending tweets to one another bellow.


Many feared Dead As Suicide Bomber Explodes Itself in Maiduguri

A suicide bomber assaulted a mosque in Jiddari-Polo close Federal High Court in Old GRA Maiduguri, Borno toward the beginning of today. Many are feared dead while numerous others are said to be injured. more details later


Dozens Dead After Truck Collides With Bus in France

A bus and a truck have collided in Gironde province in southwestern France, leaving 42 people dead.

The incident took place in the town of Puisseguin. Both vehicles were on fire after the collision. French President Francois Hollande twitted that the government "is fully mobilised on this terrible tragedy".

Photos: NDLEA arrest student, 4 others over possesion of 10. 255kg narcotics

A 26 year old student Okonkwo Daniel Anagor and four others identified as Lawal Monsuru Ademola, Ogbonna Donatus Chigozie, Okoro Chibueze Augustine and Okpue Ernest Ifeanyi have been arrested by officials of the National Drug Law Enforcement Agency (NDLEA) for suspected drug trafficking.

EFCC arraigns two businessmen for failure to declare over $4m found on them

The Economic and Financial Crimes Commission, EFCC, yesterday arraigned two businessmen identified as Ojukwu Nnamdi Rowland and Ngene Linus Chibuike before Justice Ibrahim Buba of the Federal High Court, Lagos on one count charge bordering on bulk cash movement and money laundering.
Ojukwu and Ngene who are businessmen and were traveling to China for business, were arrested after failing to declare US$2,917,272 (Two Million, Nine Hundred and Seventeen Thousand, Two Hundred and Seventy Two United States Dollars) and US$2,506,998 (Two Million, Five Hundred and Six Thousand, Nine Hundred and Ninety Eight United States Dollars) found on them respectively at the Muritala Mohammed International Airport on October 8th.

7 inmates get combined total of 20yrs in solitary confinement after recording & uploading rap video while in prison (photos)

Seven inmates at Kershaw correctional institution, South Carolina have been given at least 1000 days each in solitary confinement amounting to a total of twenty years. Their offence? The men who are serving sentences for crimes ranging from manslaughter to robbery recorded a six minute music video and uploaded it to WorldHipHop where it went viral. They have also seen privileges taken away, including visitation hours.