Stock Market Lost N1.732tn In One Year Under Buhari

The Nigerian stock market crashed by N1.732tn within one year of the Muhammadu Buhari-led Federal Government.

The Nigerian Stock Exchange data showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that of May 27, 2016 was N9.926tn.


Market capitalisation is the total market value of the shares outstanding of a publicly traded company.

The NSE All-Share Index also crashed to 28,902.25 basis points from 34,310.37 basis points.

Nigeria To Begin Exporting Rice From Kebbi State(photos)

Nigeria to begin exporting rice from Kebbi State



The Buhari led administration said Nigerian farmers would begin exporting rice in months.

The statement was made on behalf of the president by the Acting Director, Corporate Communication of the Central Bank of Nigeria, Isaac Okoroafor.

Power Sector Loses N2bn Daily, As Generation Falls To 2,020MW

The power sector has been losing an average of N2bn daily since the resurgence of pipeline bombings by militants in the Niger Delta, latest electricity supply statistics have shown.

This is coming as the number of functional gas-fired power generating turbines across the country has dropped from 50 that were operational in April to about 30 as of the end of last week.

How Nigerian Woman Kidney & Buttocks Were Illegally Removed In Italy (Graphic Photo)

This is one of the many pathetic stories about Nigerians in the Diaspora. And it is a story that will bring tears to many eyes.

Ms Julie Osamese felt a little feverish when she walked into the Ospedale Maria Vittoria Cibrario Hospital in Turin, Italy sometime in November 2008.

Her only complaint was a slight increase in body temperature, and that she explained to the doctor who attended to her.

Tests were conducted, following which she was given medication to use and instructed to return for evaluation after a week.

37yrs Old Man Sentenced To 6-Months Jaill Term For Touching Teenager's jugs In Lagos

An Ikeja magistrate’s Court, weekend, sentenced a 37-year-old man, Ibrahim Abu, to six months imprisonment for touching the Bosom  of a 17-year-old girl (names withheld) without her consent. Abu, who lives at 6, Mosque Close, Isheri-Olofin, Lagos State, was arraigned before Magistrate Osusanmi and sentenced last Friday for sexually assaulting the girl Monday last week.

Vanguard gathered that the girl was asked by her parents to learn hairdressing, while awaiting the release of her Senior Secondary Certificate Examination, SSCE, result.

Buhari: How Jonathan’s Phone Call Left Me Dumbfounded.

President Muhammadu Buhari has provided a detailed explanation on what happened after former President Goodluck Jonathan called to accept defeat in the 2015 general election.
Jonathan reached out to his rival while the Independent National Electoral Commission (INEC) was still compiling the result of the election.
The act, which is the first of its kind in the history of the nation, has earned Jonathan accolades within and outside the shores of Nigeria.

Who will get Mecca after Saudis are ousted, by Scott

The following is a translation/ interpretation of Cat Motya posts regarding the issue of management of Mecca.

Please, keep in mind that in Russian classic literature, folklore and fairytales,  cats are learned and wise creature whose main duty is to tell tales about life in faraway lands.   Take, for example, Alesander Pushkin’s poem, Ruslan and Ludmila.  The story of their love was told to Pushkin by a learned cat.

That the Iranian government was about to make a decision to advise its people not take part in the Hajj was known in Russia for quite some time.

“After two series of negotiations without any results because of obstacles raised by the Saudis, Iranian pilgrims will unfortunately not be able to take part in the Hajj,” said Iran’s Culture Minister Ali Jannati on Iran’s TV.

Military Deploy Fighter Jets , Surveillance Aircrafts To Track Avengers

THE military deployed fighter jets and surveillance aircrafts in the creeks of Delta State this morning to comb for members of the Niger Delta Avengers. Some residents of riverine communities in Warri South West local government called Vanguard on phone at about 10.00am, saying that fighter jets and surveillance aircrafts were flying about in their area.
It was gathered that the fighter jets belong to the Nigeria Airforce and that the security agencies were now strongly collaborating to outwit the militants. Earlier today at about 4. 30am, soldiers swooped on Kurutie community in search of the Avengers .

Four Dead, 19 Injured in Explosion in Turkey's Silopi

Four were killed and 19 injured in an explosion in Silopi, a town in southeastern Turkey, N-TV reported.

According to NTV television, an improvised bomb placed in a sewer exploded on a street of the Silopi township as a police car was passing by. There are five policemen among the wounded.

Authorities suspect Kurdistan Workers' Party (PKK) involvement in the attack, NTV said.

NATO Attempts to Use Confrontational Approach in Black Sea - Moscow

NATO attempts to use confrontational approaches in the Black Sea and Moscow will prepare measures to neutralize any potential threats, Russia's envoy to the alliance said Monday.


MOSCOW (Sputnik) — NATO has been increasing its military presence in Eastern Europe and the Black Sea since the outbreak of the conflict in southeastern Ukraine in April 2014.
Russia has repeatedly expressed concerns over NATO's military buildup along its western borders, warning that the alliance's expansion undermines regional and global security.

Buhari Cancels Visit To Calabar

Barely one week after President Muhammadu Buhari called off a much-hyped visit to Lagos State, he equally dashed the hopes of Cross Riverians as he shunned the commissioning of the much-publicized Monorail and Garment factory projects in the state.

And as in the Lagos instance, no reasons were given for suspending the president’s visit to commission the two legacy projects alongside his wife, thereby causing some embarrassment to the government and people of the state.

In One Year, Buhari Succeeded In Running Nigeria Aground – Fayose Blasts

Ekiti State Governor, Mr Ayodele Fayose, has lamented that in just one year of the All Progressives Congress (APC) government of President Mohammadu Buhari, the country’s economy was ruined so much that States could no longer pay workers’ salaries.

He said millions of jobs were lost, prices of essential commodities skyrocketed to the extent that Nigerians could no longer afford common tomato to cook and the middle class wiped away completely.

Charlyboy Writes A Letter To Buhari On Behalf Of Frustrated & Abandoned Youths

My Dear Presido,

You know how hard and for how long you have fought for this your job, now that you have it, we cant wait to see how our lives will CHANGE!! People already don begin dey throw stones, but me know say many things spoil, one year no fit balance anything.

How far? You see say this matter no dey as easy as you think am, but I know say many of your yarns before you enter, Na political, rhetorical acrobatic, jingoism. Na him make I talk say I go ride my bike reach China if one dollar equal to one Naira. I know that was part of your sound bites during your campaign.

Lai Mohammed And Kemi Adeosun On Channels TV

Channels television with conjuction with DM Nigeria limited will host the Minister of information and culture,Lai Mohammed, Minister of finance,Kemi Adeosun,Prof. Itse Sagay,chairman of the presidential advisory committee on anti corruption and also Col Sani Usman. The show will also have social media activists,social and political analyst. The programme is to examine to journey of Buhari's administration so far Show start by 6pm

Soldiers Avert Attacks On Pipelines At Gulobokri, Ewele

The Nigerian army on Sunday said troops on patrol in the Niger-Delta region averted attacks by militants on some critical oil infrastructures.

A statement by Army spokesman Colonel Sani Usman, said troops of 343 Artillery Regiment and of 2 Brigade, 82 Division of the Nigerian Army in the early hours of today carried out patrol within the general area of Gulobokri and Eweleso, around Brass area in Bayelsa State.

Usman said the patrol team encountered some armed militants in two speed boats with intent to blow up Nigeria Agip Oil Company (NAOC) pipeline in Gulobokri.

Buhari Set To Attend ECOWAS Summit In Senegal on Friday

President Muhammadu Buhari is scheduled to embark on a one-day trip to Dakar, Senegal for the 49th Extra-Ordinary Summit of the Economic Community of West African States (ECOWAS).  According to an itinerary exclusively obtained by SaharaReporters, President Buhari will depart Abuja on Friday June 3rd  and return to Abuja on June 4th after the conclusion of the summit. The ECOWAS meeting would be Mr. Buhari's first trip out of Abuja after his last-minute cancelation last week of a planned trip to Lagos, Nigeria’s commercial hub.
The president had blamed an ear infection for canceling the visit to Lagos where he was scheduled to commission some projects finished by Governor Ambode.
A source at the Presidency told SaharaReporters that the ECOWAS meeting would focus on issues of regional security and economic development.

My Way or Highway: Beijing Issues Four ‘Bottom Lines’ on South China Sea

China's Ministries of Foreign Affairs and National Defense announced four bottom lines on issues related to the South China Sea.

China will never accept nor recognize any resolution on the South China Sea no matter what kind of ruling the International Tribunal makes.

Pentagon Hopes Its Supergun Will Help to Counter Russia, China

It might not look as impressive as the F-35 fighter jet or the Zumwalt-class destroyer, but US defense officials insist that the Navy's newest weapon, the railgun, will not only become a force to be reckoned with – it will change the way we fight and alter the balance of power in the world as a result. Russian experts remain unconvinced.

The railgun's capabilities are impressive. It can fire a projectile at an initial speed of 4,500 miles an hour, piercing seven steel plates and leave a 5-inch hole, Julian E. Barnes wrote for the Wall Street Journal. The weapon has a maximum range of 125 miles.

My Way or Highway: Beijing Issues Four ‘Bottom Lines’ on South China Sea

China's Ministries of Foreign Affairs and National Defense announced four bottom lines on issues related to the South China Sea.

China will never accept nor recognize any resolution on the South China Sea no matter what kind of ruling the International Tribunal makes.

Bomb Blast At Military Checkpoint In Biu, Many Feared killed - Mezie Times

A powerful explosion believed to be from a suicide car bomb this morning rocked a military checkpoint along the Biu-Damaturu road, killing unspecified number of persons, witnesses told MEZIE TIMES. The explosion occurred at the time Nigeria’s President Muhammadu Buhari was delivering his nationwide Democracy Day speech. Though details of the blast is still sketchy as at the time of going to press, an eyewitness account said several persons were feared killed and many injured. The same checkpoint had been hit by bomb blast in the past believed to be from the dreaded Boko Haram sect.

Buhari Fails To Keep Promise To Release Details Of Looters, Recovered Assets

President Muhammadu Buhari on Sunday failed to give specific details of recovered loot as part of his anti-corruption war during his Democracy Day speech, consequently reneging on an earlier promise he made to that effect.

Mr. Buhari had on May 14 said in London that he would personally provide specific details of all recovered stolen public funds because he believed that what Nigerians were being fed through the media were not detailed enough.

Stolen Assets: Buhari Makes U-turn, Says Information Ministry “ll Publish Names

*says militants attacks in Niger Delta would not deter formal engagements with leaders

By Levinus Nwabughiogu
ABUJA-
President Mohammadu Buhari has shifted the responsibility of naming the looters of national assets and the details of the loot to the Ministry of Information.

Recall that the president had at various times in the recent times assured Nigerians that he would make public the details of the money recovered from looters during his Democracy Day national address.

Senate: 12 Controversies In 12 Months

1 Emergence of Saraki
The emergence of Senator Abubakar Bukola Saraki (APC, Kwara Central), as the Senate President on June 9, 2015, in what was described as an “apparent disregard” to the directive of the All Progressives Congress (APC), laid the foundation of the controversies that has enveloped the upper chamber.

Saraki, a former governor of Kwara State, edged out Senator Ahmad Lawan (APC, Yobe North), the preferred candidate of the APC to clinch the Senate’s plum job, after allegedly resting on the strength of senators of the Peoples Democratic Party, (PDP). The alliance apparently paved the way for the emergence of Senator Ike Ekweremadu, (PDP, Enugu West), as the Deputy Senate President, a development that dealt a serious blow to the APC’s control
of the upper chamber.

Understanding Buhari In 365 Days: Chronicles Of His Achievements- Breaking Times

As General Buhari celebrates his one year in Office as president of Nigeria, I have been searching frantically like many of his supporters including the conscienceless social media Influencers for achievements of the APC led federal government.

Here is what the scorecard looks like after 365 days

SMS Alert Charge: Is First Bank Stealing My Money?

Got this this morning from First Bank. I never request for SMS alert service, i only requested for email alert. See what i got.

This is a transaction notification on your account.

TRANSACTION DETAILS
Account Number: XXXXXXXXXXX

Amount: N56.00 DR

Transaction Narrative: 23-Apr-2016 to 22-MAY-2016 SMS Alert Charge

Anybody ever receive this?