See full Details of the New FOREX Management Guidelines

The Central Bank of Nigeria (CBN) has unveiled new guidelines in the management of Foreign Exchange (FX) which will be determined by the market and primary dealers.

The CBN Governor, Godwin Emefiele, made the announcement on Wednesday in Abuja at a briefing to unveil the Framework for Re-introduction of Managed Float Exchange Rate System.

He said the re-introduction of a flexible inter-bank exchange rate market will restore the automatic adjustment mechanism of the exchange rate.

Lagos taskforce arrest notorious ‘Awawaa Boys’ deadly leader

Tobi Akinbayo a.k.a (Scorpion), 28, and two others, Muyideen Olayinka and Ibrahim Olaniran were arrested yesterday at Aluminium Village, Dopemu, Agege, Lagos State, after reported cases of rape, armed robbery and killing of innocent citizens by the ‘Awawaa Boys’ became worrysome.

Scorpion confessed that he and his boys raped, burgled and killed innocent citizens who confronted them during any of their operations. He added that they forcefully raped one Rufia Ogunbowale the daughter of Taiwo Iyabo on the 5th of May, 2016.

Any Student Wearing Unauthorized Uniform In Osun Will Be Expelled -Aregbesola Warns

Osun State governor, Rauf Aregbesola, has restated that no student is allowed to put on unauthorized uniforms to school in the state.

Aregbesola’s warning is coming following the instruction of the Christian Association of Nigeria in the state that students should appear in school in church garments.
The Christian body said since the state government has refused to ban the use of hijab by the Muslim counterparts, they would also follow the same trend.
Following the order, DAILY POST gathered that some students of Baptist High School, Iwo stormed the school wearing different church garments.

Boko Haram Kills 4 Vigilantes While Others Surrender To Military - photos

Some elements of Boko Haram terrorists on 6 motorcycles yesterday attacked Kutuva village in which they killed 4 persons and abducted 4 women from the village.

Consequently, the local vigilante in Kaya mobilized immediately to the village and trailed the terrorists up to their suspected hideout located somewhere south of Sabon Garin Bale.

The vigilantes did their best by engaging the terrorists, unfortunately they escaped into the bush.

EFCC Freezes Tompolo’s N3billion Account

THE EFCC has frozen a bank account belonging to a wanted ex-militant, Government Ekemupolo, who is popularly known as Tompolo. The anti-graft agency found N3bn in the account and had frozen it pending outcome of court processes.


An operative of the anti-graft agency, who spoke to Punch on condition of anonymity, said: "During investigations into the fraud at NIMASA (Nigerian Maritime Administration and Safety Agency), we traced about N3bn to a bank account, which is owned by Tompolo.

The Orlando massacre: the lies, the exploitation and unasked questions

This article was written for the Unz Review:http://www.unz.com/tsaker/the-orlando-massacre-the-lies-the-exploitation-and-unasked-questions/

The “Islamic homophobe” thesis bites the dust in less than 24 hours

Right from the start, the Orlando shooting made no sense to me and I said so pretty clearly in an article I posted the same day. You can read the full article here, so I will only mention my main conclusion: that this event had nothing to do with homosexuality, Islam or guns and that:

Warsaw NATO Summit Ultimatum to Russia: Waiting for Yalta-2 Part II: by Scott Humor

Waiting for Yalta – 2 Part I: What the Kerry-Lavrov pact brings to the table

The U.S. only fails at everything

Children can be brutally honest, sometimes. A small son comes into his mother’s room and asks, “Mom, have you ever seen my dad naked?” And she is like, “Huh? What?” “Dad is in a shower now. Come quick and look at this horror.”

Rainbow 94.1 FM OAP & Stand Up Comedian, ‘Atol-Atol’ Is Dead

As Nigerian Entertainment industry battles with the reality of OJB Jezreel's death, Felix Ochuko, popularly known as ATOL-ATOL is dead.


He died last night after a brief illness. Until Ochuko’s death, he worked with Rainbow FM Lagos, he was also a “stand up” comedian and event host.FELIX OCHUKO ATOL-ATOLFELIX OCHUKO ATOL-ATOL.

Fake doctor runs Abuja hospital for 10 years undetected .

According to Daily Trust, Victor Moffat Akpan ran a private hospital, Luna Maternity & Surgery, for 10 years in Gwarimpa, Abuja, and offered surgeries and antenatal care, using forged certificates. He opened the hospital in 2006 as a “surgeon” using a forged practice licence, 4 years after MDCN refused to grant him licence to practice as a homeopath. .

Below the Radar: Russia's S-400, S-500 Set to Become Invisible to Enemies

In an age when stealth is the game-changing capability everyone aspires to achieve, Russia's top-of-the-line air defense systems, the S-400 and the S-500, will receive an upgrade that will allow them to hide from enemy satellites, spy planes and radars, Izvestiya newspaper reported, citing an anonymous source in the Russian Defense Ministry.

Russian Top Secret Hypersonic Glider Can Penetrate Any Missile Defense

Russia's new Yu-74 ultra-maneuverable hypersonic glide vehicles may become yet another response to the deployment of NATO's missile installations in Eastern Europe, according to military analysts.


Going head to head with the United States and China, Russia has been developing its own hypersonic weapons during the past few years.
A hypersonic weapon usually has a speed between 3,840 miles per hour (Mach 5) and 7,680 miles per hour (Mach 10). Furthermore, these systems use sophisticated technologies for maneuvering and boast allow the rapid delivery of warheads, precise targeting and survivability against wide range of missile defense systems.

Kill List: Smashing the ‘B’ in BRICS

The stakes could not be higher. Not only the future of the BRICS, but the future of a new multipolar world is in the balance. And it all hinges on what happens in Brazil in the next few months.

by Pepe Escobar for Sputnik News

Let’s start with the Kafkaesque internal turmoil. The coup against President Dilma Rousseff remains an unrivalled media theatre/political tragicomedy gift that keeps on giving. It also doubles as a case of information war converted into a strategic tool of political control.

300-level Business Administration student of ANSU allegedly commits suicide over girlfriend .

According to ANSUtalktalk, Prosper, a student of Anambra State University, died yesterday after reportedly drinking ‘Sniper’ shortly after sending his girlfriend a text message saying that by this morning he should have been dead. His lodge mate was quoted as saying: “Around 12:23am, we started hearing noise from him snoring heavily.

How 11-yr-old girl lured me into turning her into my sex slave – 65-year-old man

Akinlolu Ogunlade who was arrested and paraded by the Oyo State Commissioner of Police, Mr. Leye Oyebade, recently, has claimed that pressures from an 11- year-old girl, Bisi, made him keep her as sex slave for four days. According to him, he had rejected many invitations from her before he finally succumbed.

The commissioner described the suspect as a serial rapist, but Ogunlade said, “I am 65 yrs old and I work as a plumber. I was arrested at Akobo area. The little girl came over to me and started disturbing me to have sex with her and I told her that she was too small.

Trump or Clinton? Uncertainty Leaves Investors Jittery Amid Sluggish Growth

Investors are massively reallocating capital into safe haven assets, putting economies and financial markets in danger of disinvestment in places due to a multitude of risks, the most prominent of which being whether the US economy would undergo a structural readjustment anytime soon.

Ukrainian Politicians Call for Occupation of Russian Regions

A growing number of Ukrainian politicians appear eager and willing to wage a campaign against history itself in an attempt to aggravate Russia.


Some politicians, apparently unsatisfied with merely accusing Moscow of aggression, sometimes even advocate acts that would essentially constitute a military action against Russia.
Pavlo Zhebrivskyi, Kiev-appointed head of military and civilian administration in the Ukrainian-controlled areas of the Donetsk region, declared that Ukraine must reclaim the "indigenous Ukrainian territories", referring to the Kursk, Bryansk, Voronezh, Rostov and Krasnodar Regions of Russia, according to RIA Novosti.

A Sign of Trouble? What is Behind Soros’s Jump Into Gold

After a long hiatus, billionaire George Soros has returned to trading, getting rid of stocks and buying gold and shares of gold miners; and when you see the richest people in society taking clear financial and investment decisions, then it makes sense to at least pay attention.

“Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil,” says an article in The Wall Street Journal (WSJ).

Why the West is so Worried of Phantom Russian Sub Patrols in the Atlantic

Commenting on the recent remarks of US Vice Adm. James Foggo III that an “effective, skilled, and technologically advanced Russian submarine force is challenging” the US in the Atlantic, German newspaper Die Welt provided its reasons for the US concerns.

Clinton Approved Drone Assassinations With Her Cell Phone, Emails Reveal

Mirror mirror on the wall show me where the bombs will fall.

As Hillary Clinton climbs to become the first female major US party presidential nominee, more and more incidents from the notorious email scandal are being revealed. This time it turns out she used her cell phone to approve drone assassinations in Pakistan and many other countries.

According to a new FBI report, during 2011-2012, Hillary Clinton, who served as a Secretary of State at the time of events, used her cell phone to approve of drone strikes that killed as many as 1,000 civilians, including up to 200 children in Pakistan alone.

Mohammed Idiagbon: "Envious Colleagues Set Me Up" - UNILORIN Lecturer Says

A former Head of English Department, University of Ilorin, Dr Muhammed Idiagbon, who was accused of sexually harassing a female student of the school, says his ordeal is a set-up by his colleagues.

He said his co-workers, who were envious of his success and achievements, were behind the incident.

Idiagbon, who said this in a text message to our correspondent on Thursday, promised to give a detailed account of what happened in a press conference.
He said, “The allegation is harassment and not rape. It is a conspiracy; a set-up by my colleagues over my rise to stardom. I will address the media at the appropriate time.”

Ondo State Is Broke,I Can't Pay Workers, Mimiko Says.

Ondo State Governor Olusegun Mimiko announced on Thursday that the State government is “broke” and therefore cannot afford to pay the striking civil servants’ their salaries.

Mr. Mimiko announced this while addressing the protesting workers, explaining that the State treasury is empty and that the government is struggling to survive.

“So, we can no longer pay salaries, even when they are due,” the embattled governor said to the workers.

The protesting workers in a deliberate action had earlier shut down the entrance to the government house to prevent Mr. Mimiko and his convoy from entering the building.

How We Killed Colonel Samaila Inusa In Kaduna - Suspects Confess

The suspected killers of kidnapped Colonel Samaila Inusa, yesterday opened up on how they killed the later military officer.

The suspects were paraded by Kaduna State Police Commissioner Adamu Ibrahim.
Col. Inusa was abducted on the highway and taken away. His body was later found.

Prime suspect Emeka Okeke, 44, told reporters that they did not originally plan to kill the officer but he died during a struggle with the gun.
“Me and my group specialise in car snatching, we are not kidnappers,” Okoke said

Desmond Nunugwo Dies In EFCC Custody

Desmond Nunugwo, a suspect who was arrested by the Economic and Financial Crimes Commission (EFCC), over allegations of fraud, has died after spending six hours in EFCC custody.

Wilson Uwujaren, EFCC spokesman, disclosed this on Friday, saying Nunugwo was taken into custody on Thursday, but died a few hours later. Uwujaren said Nunugwo’s demise was confirmed at a hospital where he was rushed to after he suddenly took ill.

Who Wants Our President Dead?

by Olalekan Waheed Adigun

What started as a big joke suddenly became a reality. In a desperate bid to stop the emergence of President Muhammadu Buhari the heat of the 2015 presidential election, Mr. Ayodele Fayose, the Ekiti state Governor, did the unthinkable. He single-handedly placed an “obituary” of a living person on the front pages of The Punch and The Sun (January 19, 2015). What was his reason for this: “Will you allow history to repeat itself? Enough of State burials.”

Niger Delta Avengers Give Nigerian Government Condition For Ceasefire.

According to a statement issued by the spokesperson for the Niger Delta Avengers (NDA), Brigadier-General Mudoch Agbinibo, the Niger Delta region has sustained Nigeria for a long time but has received little in return.Mr. Agbinibo’s statement lamented the neglect of the region by successive governments and emphasized that Niger Delta must be given the right to control its own resources and possibly be carved out from Nigeria.