Falling Crude Prices - Saudi Arabia, Oman, Bahrain Assets May Fall In 5 Years If...!

Against the back drop of the fall in oil prices, Saudi Arabia, the island nation of Bahrain, and Oman in the Arabian Peninsula may run out of financial assets needed to support spending within five years, despite measures being considered by oil exporting nations says the International Monetary Fund (IMF) on Wednesday, October 21st. 


While Kuwait, Qatar and the United Arab Emirates have relatively more financial assets to support them for more over 20 years.

Saudi authorities are reportedly planning on measures to curtail spending, the oil rich nation strongly believes that the kingdom’s economy, is strong enough to weather the plunge in crude prices.

Construction Of 114 Local Government Roads- Lagos State Government Releases Invitation To Bid!

Based on the approval granted to Local Governments and Council Development Areas to execute projects, the Lagos state government on Tuesday 20th October released invitation for bids for the construction of 114 local government roads across the state. 

Below is the  invitation. 

List Of Lagos State Commissioners And Special Advisers!

Below is a list of appointed Lagos state Honorable Commissioners and Special advisers as released on Monday, October 19, 2015.



A good name they say is the best legacy one can hand over to his/her posterity.


We hope the individuals listed herein see this as a 'call to duty' and put in their very best to see that indeed 'Eko o'ni baje'. 

Oprah Makes $71.6 Million Gains In Papars For Weight Watchers International!

Weight Watchers International a company that recorded losses in years gained monumentally in a single day of trading, as news of media mogul, Oprah Winfrey joining it's board of directors filtered the air on Monday, 19th October. 

Information states that WWI stock, which closed at $6.79 on Friday 16th October, changed hands for $13.92 on Monday afternoon with Oprah's entrance. 

Man Intentionally Drove SUV Into Lake Killing Wife And Three Kids!

A 27 -year-old father of three deliberately drove his estranged wife's SUV into an Arizona lake, killing himself, wife and their three kids Reighn, 3, Nazyiah, 2, and Zariyah, 1. 

Glenn Baxter it was gathered, separated with his 25 year-old wife Danica Baxter several months after they got married in April 2012. Since then, his effort at reviving their relationship was turned down by Danica. 

His motive for this rather cruel action at about 12:15am on Sunday, October 24th, is not known, but investigating officers revealed that it was no accident, as surveillance footage captured the car being driven into Temple Town lake. Glenn and Danisa Baxter with two of their children were taken to a hospital after they were pulled from the vehicle, where they later died. 3-year-old Reighn was later found strapped at the back seat of the SUV.

Lamar Odom To Be Transferred To Los Angeles!

Lamar Odom who has been taken off life support, and breathing on his own is being transferred to a Los Angeles hospital to continue treatment. 

Odom regained consciousness on Friday October 16, after he was found unresponsive on Tuesday October 13th, at the Love Ranch, in Crystal, West Nevada.

Alibaba Pays $4.3bn To Buy Off Youku Tudou!

As part of an effort to extend its reach beyond retail, having paid $1.2bn for an 18% stake in May 2014, Alibaba launched a $4.3bn bid to buy out China's video - hosting site Youku Tudou.  

Alibaba revealed it submitted a non-binding proposal to purchase the outstanding 82% of Youku Tudou shares.