Naira Gains =N=16, As Ringgit Weakens Past 3.90 Per Dollar!

For the first time in 17 years, Malaysian Ringgit weakened past 3.90 per dollar Thursday, August 6th......



As Nigerian Naira gains N16, closes at N215/dollar.

U.S Places $5million On Guzman's Head!

The U.S State Department on Wednesday announced a $5 million reward for information leading to the recapture of Mexican drug kingpins Joaquin "El Chapo" Guzman who escaped from one of Mexican's most secured prisons in July, through a sophisticated mile long tunnel, that opened up in his cell's shower.

The Drug Enforcement Administration on their part, set up a tip line for information about the kingpin,  The tip line is being managed by the DEA's San Diego field office.

 Joaquin "El Chapo" Guzman is Mexican drug lord, and head of the Sinaloa Cartel, a criminal organization named after the Mexican Pacific coast state of Sinaloa city, where it was formed.

Forbes Reveals 2015 Tech Billionaires!

William Henry "Bill" Gates: 

American business magnate, philanthropist, investor, computer programmer, and inventor. Gates co-founded Microsoft, the world’s largest PC software company, with Paul Allen in 1975. 

Lawrence Joseph "Larry" Ellison: 

American programmer, internet entrepreneur, businessman and philanthropist. He was the chief executive officer of the software company Oracle Corporation between its foundation in 1977 and 2014

Jeffrey Preston "Jeff" Bezos: 

American business magnate and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com.

Mark Elliot Zuckerberg: 

American computer programmer and Internet entrepreneur. Best known as one of five co-founders of the social networking website Facebook. He is the chairman and chief executive of Facebook, Inc.

Lawrence "Larry" Page:

American computer scientist and internet entrepreneur who cofounded Google Inc. with Sergey Brin, and is the corporation's current CEO. Page is the inventor of PageRank, Google's best-known search ranking algorithm. 

Sergey Mikhaylovich Brin: 

American computer scientist and internet entrepreneur who, together with Larry Page, co-founded Google, one of the world's most profitable Internet companies. 

Jack Ma or Ma Yun: 

Chinese business magnate and philanthropist. He is the founder and executive chairman of Alibaba Group, a family of highly successful Internet-based businesses. 

Steven Anthony "Steve" Ballmer: 

American businessman who was the chief executive officer of Microsoft from January 2000 to February 2014, and is the current owner of the Los Angeles Clippers. 

Laurene Powell Jobs: 

American business executive and the founder of Emerson Collective, which advocates for policies concerning education and immigration reform, social justice, and environmental conservation

Michael Saul Dell: 

American business magnate, investor, philanthropist, and author. He is the founder and CEO of Dell Inc., one of the world’s leading sellers of personal computers.

Azim Hashim Premji: 

Indian business tycoon, investor and philanthropist, who is the chairman of Wipro Limited, informally known as the Czar of the Indian IT Industry

Paul Gardner Allen: 

American philanthropist, investor and innovator, best known as the co-founder of Microsoft alongside Bill Gates

Ma Huateng "Pony Ma": 

Chinese entrepreneur who founded Tencent Inc., one of the largest internet companies in China. Time magazine called him one of the world's most influential people in 2007 and 2014.

Robin Li or Li Yanhong: 

Chinese Internet entrepreneur. He co-founded the Chinese search engine Baidu and is ranked as the second richest man in mainland China with a net worth of US$12.231 billion as of December 2013.

Shiv Nadar: 

Indian industrialist and philanthropist. He is the founder and chairman of HCL and the Shiv Nadar Foundation. His personal wealth is estimated at $11.1 billiona as of 2014. 

Lei Jun: 

Chinese businessman who is known for founding Xiaomi Inc, one of China's largest technology companies. 

Hasso Plattner: 

German billionaire businessman. A co-founder of SAP AG software company, Since May 2003, he has served as Chairman of the Supervisory Board of SAP AG.

Eric Emerson Schmidt: 

American software engineer, businessman, as well as the executive chairman of Google. Forbes ranked Schmidt as the 138th-richest person in the world, with an estimated wealth of $8.3 billion in 2013.


Hiroshi Mikitani:



Japanese mogul, the co-founder and CEO of Rakuten. 

Klaus Tschira: 

German entrepreneur.

Kim Kardashian West Debuts Shorter Hair!

Reality show super star, and socialite Kim Kardashian West, in a picture she shared on her Instagram page August 3rd, debuts her shorter hair.

See Picture below:

Nigeria Cleared To Export Shrimps To The United States!

Mr Jack Forrester, the Fisheries Gear Specialist of the US Department of Commerce,  disclosed  Tuesday, 4th of August,  that Nigeria has  been re-certified to export shrimps to the United States of America and commended for maintaining international best practices in shrimps production.

This was made known by the Nigerian Federal Ministry of Information, during the United States Turtle Excluder Device (TED) inspection team’s visit to re-certify Nigeria’s export rights.

I Owe No One - Abike Dabiri Responds To Punch's Publication on N143.81bn Bank Debtors!

Following a publication on Punch Newspaper, Tuesday, August 4, 2015, which revealed names of prominent individuals, whose company owe Nigerian Deposit Money Banks huge sum of money, tagged "Some Directors of Debtor Firms"; House of Representatives Committee on the Diaspora, Hon. Abike Dabiri, on Teusday August 4, expressed shock on her twitter page, over seeing her name associated with 'Thriller Endeavors', a company which owes N122m. 

The Twits below:

"Shocked to see my pic in Punch .Said to owe 100m linked to some co.I OWE no one, not even myself ?Haba!Punch".

"Must be mistaken identity.Also writing Diamond bank and CBN to set the records straight .Definitely NOT ME.!!"
"Never even heard the name of the co! Will get to the bottom of this!"
"As to detractors, you can't get me Will remain my calm, honest self ,Shame on you".

Exert from the publication: 

"Diamond Bank Plc has N47.17bn as its total NPLs, with companies belonging to prominent Nigerians owing sizeable amounts.

These include Sir Emeka Offor’s Global ScanSystem Limited, which the bank says owes N181m; a former Chairman, House of Representatives Committee on the Diaspora, Mrs. Abike Dabiri-Erewa’s Thriller Eneavours, which owes N122m; and a former Delta State Commissioner for Sports Solomon Ogba’s Delta Mega Trend Limited, which owes N89m".

Multiple Accident Along Ikorodu Road!

There was a multiple accident in the early hours of Tuesday, 4th of August, when a trailer, loaded with petrol lost control, and ran into a car, consequently resulting in a multiple accident, around Obanikoro bus stop, on Ikorodu road, Lagos. 

There is no official reports on numbers of casualties at the time of filling this report.