Friday 21 November 2014

IYANYA OFFERED NICKI MINAJ N50M FOR COLLABO


Iyanya Mbuk is offering Young Money Queen, Nicki Minaj $300,000 to feature her in his new song. 

According to theNet the secret was spilled by a top industry source who said the deal is at an advanced stage. 

The source also revealed that the Your Waist Crooner who just returned from United Kingdom where he went to perform at a high class wedding is due to go back to Los Angeles to finalize the deal.

Thursday 20 November 2014

Elumelu, Kalu join Africa’s top 50 richest persons


Two Nigerians, Tony Elumelu and Orji Uzor Kalu, with four other persons have joined Forbes list of 50 richest people in Africa.

According to Forbes, Elumelu, a Nigerian investor and founder of African investment firm, Heirs Holdings, joins the rich list with a net worth of $1 billion.

“Elumelu made his fortune when he bought into a struggling Nigerian commercial bank and transformed it into the United Bank for Africa, a leading commercial bank with a presence in 19 African countries,” Forbes said.

Forbes said Elumelu owns a controlling stake in Transcorp, a listed Nigerian conglomerate that has interests in insurance, healthcare, hotels, power production, energy and agriculture, adding that he is a proponent of Africapitalism, an economic philosophy that propagates that the African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth.

On Kalu, Forbes said, “He is better known in Nigeria as a politician. But the former governor of Abia state, located in Nigeria’s southeastern region, is also one of the country’s most successful businessmen.

“He made his first million at age 20 by trading agricultural commodities, and then found his way into the circles of influential military personnel who awarded him lucrative contracts to import and supply arms and ammunition to Nigeria’s defense forces.

He made a killing reinvesting his profits into expanding Slok Group, his privately-held trading and manufacturing empire.
“The Slok Group, a West African conglomerate in which he owns more than 90 per cent, has interests in shipping, banking, aviation, steel and manufacturing. 

His country home in Igbere, Abia State, has 400 rooms and is one of the largest private

Synagogue: Police witness identifies mystery aircraft, says collapse looked like controlled demolition



The proceeding  of the coroner court investigating the collapse of a guest house belonging to the Synagogue Church of All Nations continued yesterday with the police witness, DSP Olushola Agboyi, officially identifying the aircraft which allegedly hovered over the building as Hercules CH 130 belonging to the Nigerian Air Force.

The police investigator, who is of the Homicide Section, Criminal Investigation Department, Panti, Yaba, also insisted that the incident could have been sabotage.
Led in evidence by police lawyer, Mr. Chukwu Agwu, Agboyi testified that the aircraft was on a circuit training mission and was flying very low.
The witness said he led the team that investigated the collapse and also a member of the Federal Government’s panel.

Agboyi disclosed: “I recorded statements from 34 witnesses who claimed the aircraft was flying very low and had caused panic among residents of the Ikotun area.”
However, the witness noted that the police had not completely ruled out the possibility of structural defects as being responsible for the collapse, as they are still waiting for the final report of the investigating team put up by the Federal Government.

To support his argument, he disclosed that his team wrote to the Lagos State Ministry of Works to analyse the materials used for the building, adding that they were still awaiting the report.
He maintained that the preliminary reports suggested that the collapse could have been caused by internal sabotage from lodgers or visitors to the church.
He said: “The saboteur, undetected, could have used explosives or chemical substances to bring down the building.”

He told the coroner led by Magistrate Oyetade Komolafe that the Bomb Disposal Unit of the Police visited the scene of the incident but was yet to present their report.
Agboyi disclosed he interviewed one of the survivors, Mr Taiwo Temitayo Taiwo, who claimed “he heard a thunderous noise and saw lightening moments before the building came crashing.”
He said after watching the footages of the incident, he was of the view that it was consistent with controlled demolitions.

“The building came down in seconds. From the analysis of experts, the collapse looked like controlled demolition. It should be subjected to the testing of experts outside the country,” the witness suggested.
He explained further that the Federal Government inter-agency panel investigating the incident had yet to conclude its findings.

David Mark padlocks down National Assembly


Nigerian security forces fired teargas on Thursday inside the parliament complex as opposition lawmakers, including the speaker of the lower house, arrived for a key vote on emergency rule in the northeast.

The leader of the Senate, David Mark, later ordered the immediate closure of both chambers until next week over the incident. This was as a result of the confusion that engulfed the complex earlier today.

Multiple reports, including from eye witnesses, indicated that security agents tried to block House of Representatives Speaker Aminu Tambuwal, who defected to the opposition last month, from entering the building.

The ruling Peoples Democratic Party (PDP) has tried to remove Tambuwal from the speaker’s chair since his defection and stripped him of his security detail.

Lawmakers had been scheduled to vote Thursday on President Goodluck Jonathan’s request to extend the state of emergency in the northeast region hit hardest by Boko Haram.