"We looked at the numbers for the Excess Crude Account. The last time the former Minister of Finance and Coordinating Minister of the Economy, Mrs Ngozi Okonjo-Iweala, reported to the council, and it is in the minutes, she reported by November 2014 that we had $4.1 bn. Today, the Accountant-General Office reported we have $2.0bn.
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Wednesday, 1 July 2015
Ngozi Okonjo-Iweala replies Oshiomole over allegations she spent $2.1bn oil fund without approval
Immediate past Minister of Finance Ngozi Okonjo Iweala has responded to allegations that she spent $2.1 billion from the Excess Crude Account without the approval of the National Economic Council. While speaking to newsmen after the inauguration of the National Economic Council on Monday June 29th, Governor Adams Oshiomole accused the former minister of spending $2.1 billion from the Excess Crude Account without the necessary authorization.
Ben Affleck & Jennifer Garner divorcing after 10 years of marriage
"After much thought and careful consideration, we have made the difficult decision to divorce. We go forward with love and friendship for one another and a commitment to co-parenting our children whose privacy we ask to be respected during this difficult time."The pair have three children together; Violet, 9, Seraphina, 6, and Samuel, 3.
Actress Kate Henshaw stuns for Made Magazine new issue
Pics: Christina Milian steps out in see-through lace pants
CBN extends BVN registration to October 31st
Central Bank of Nigeria has extended the deadline for the Bank Verification Number, BVN, registration to October 31st. The Apex bank had earlier fixed yesterday June 30th as the deadline for the registration. Hopefully more Nigerians would have completed their registration before the new deadline elapses
Pics: Kylie Jenner gets a passionate hug from boyfriend, Tyga
Big sister Khloe Kardashian shared the photo of three of them getting their sandwich hug-on on her instagram page and captioned it 'a Michael sandwich'. Tyga's real name is Michael Ray Nguyen-Stevenson. See more photos after the cut...
Governor Ambode visits Chief of Naval staff (photos)
Governor Akinwunmi Ambode yesterday visited Chief of Naval staff, Rear Admiral Usman Jibrin at Defence at Headquarters in Abuja. See more photos after the cut...
More photos of Richard Mofe Damijo
Chrissy Teigen poses topless for W magazine's list of 10 sexiest supermodels on social media
John Legend's wife, Chrissy Teigen has been named one of the 10 sexiest supermodels on social media. Chrissy, who went topless for the magazine, revealed she prefers posing naked than in clothes.
She told the publication:
She told the publication:
‘The most uncomfortable I’ve ever been on set was having to model coats. I actually am better in less clothing.
Liberia announces fresh Ebola case
Liberia has been hit with a fresh case of Ebola. According to the Liberian Deputy Health Minister, Tolbert Nyensuah, a 19 year old man died of the deadly virus. And they are saying it's possible he infected close friends or relatives before he died.
"A new case of Ebola has been reported in Margibi County. The person has died and was confirmed positive before death. He has been buried" Nyensuah saidFamily members of the deceased have been quarantined so as to stop the spread of the virus. Liberia was declared Ebola free on May 9th by the World Health Organization. A total of 11,207 people died from Ebola in Liberia, Guinea and Sierra Leone since the outbreak began in December 2013.
Pics: Yemi Osinbajo in Abidjan for West African Energy leaders summit
Vice President Yemi Osinbajo arrived Abidjan, Cote D'Ivoire for the launch of West Africa Energy Leaders Group yesterday June 30th. More photos after the cut...
Caitlyn Jenner makes a glamorous debut as she parties in NYC
FG orders probe on NNPC over unaccounted N3.8trillion
The Federal government on Monday June 29th constituted a four-man committee to probe NNPC over N3.8 trillion unaccounted for by the corporation in the last three years. According to the Edo state governor, who is part of the 4-man probe committee, investigations by the federal government show that NNPC made N8.1 trillion from 2012-2015, paid N4.3 trillion to the federal government and withheld N3.8 trillion which the management of the corporation have not accounted for.
The probe panel was constituted by the National Economic Council which was inaugurated by President Buhari on Monday June 29th.
The probe panel was constituted by the National Economic Council which was inaugurated by President Buhari on Monday June 29th.
APC insists on Deputy Senate President Ike Ekweremadu's removal
A member of the ruling party who spoke on condition of anonymity with Punch, said Ekweremadu serving as deputy senate president will adversely affect President Buhari's administration.
Naomi Campbell, 45, stuns in new campaign photos and on the runway
Tuesday, 30 June 2015
Kylie Jenner moves into her $2.7m Calabasas home
The 17-year-old star who had been waiting patiently for renovations to be completed shared a photo on her Instagram showing the very stylish interior of one of the rooms in the 4,900 square foot home.
Ngozi Okonjo-Iweala spent $2.1bn without approval - FG
The National Economic Council, chaired by Vice-President Yemi Osinbajo, on Monday accused former Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, of spending $2.1bn from the Excess Crude Account without authorisation.
“We looked at the numbers for the Excess Crude Account. The last time the former Minister of Finance and Coordinating Minister of the Economy, Mrs Ngozi Okonjo-Iweala, reported to the council, and it is in the minutes, she reported by November 2014 that we had $4.1 bn.
Photos: Kim Kardashian leaves London in figure fitting jumper
Forbes releases the World's Highest-Paid Superstars of 2015 list
Forbes yesterday released its Top100 list of the highest paid celebrities in the world. See below..
1. Floyd Mayweather: $300 million
2. Manny Pacquiao: $160 million
3. Katy Perry: $135 million
4. One Direction: $130 million
5. Howard Stern: $95 million
6. Garth Brooks: $90 million
7. James Patterson: $89 million
8. Robert Downey Jr.: $80 million
9. Taylor Swift: $80 million
10. Cristiano Ronaldo: $79.5 million
1. Floyd Mayweather: $300 million
2. Manny Pacquiao: $160 million
3. Katy Perry: $135 million
4. One Direction: $130 million
5. Howard Stern: $95 million
6. Garth Brooks: $90 million
7. James Patterson: $89 million
8. Robert Downey Jr.: $80 million
9. Taylor Swift: $80 million
10. Cristiano Ronaldo: $79.5 million
Aisha Buhari's brother denies being arrested over N300m fraud
Younger brother to Aisha Buhari, Musa Yola, has denied media reports that he was arrested on the order of President Buhari over a N300 million oil block fraud. Sahara Reporters had published a report yesterday claiming Yola was arrested last week on the order of the President for defrauding a businessman of N300 million with the promise to help him secure an oil block. Speaking with Premium Times, Mr Yola said he was shocked at the reports.
“As we speak, I am in the President’s office and I was with him last night. I simply don’t know or understand who is behind these malicious rumours,” he said.
Pics: 30 Days in Atlanta wins the highest number of awards in Ghana
Photos: Pres. Buhari inaugurates National Economic Council
President Buhari yesterday inaugurated the National Economic Council which will be chaired by VP Yemi Osinbajo, while all the 36 state governors and the Governor of the central bank Godwin Emefiele are to serve as members. The team will be responsible for advising President Buhari on all issues relating to the Nigerian economy. See more photos after the cut...
Check out new photos of Nollywood legend, Richard Mofe-Damijo
You can’t blackmail us, PDP tells Buhari
Press statement from the PDP...
The Peoples Democratic Party (PDP) says no amount of intimidation, blackmail and propaganda by the Presidency would stop it from standing shoulder to shoulder with Nigerians in demanding that President Muhammadu Buhari kick-starts government and commence implementation of his campaign promises for which he was voted into office.
The party said Presidency’s excuse of clearing the so-called Augean Stable is lame and diversionary noting that it stands by its statement that the delay is creating loopholes
Man alleges that Aisha Buhari's brother has been involved in a fraudulent act before
According to Olusegun Dada, the immediate younger brother of Mrs Aisha Buhari, who was allegedly arrested last week for obtaining N300million from a businessman with a promise to get him an oil block from the new administration, was allegedly involved in a fraudulent act during President Buhari's campaign a few months ago. See more of his tweets after the cut..
I don't have any houses outside Nigeria - Aliko Dangote
Africa's richest man, Aliko Dangote says he does not own a house outside Nigeria
"Somebody asked me, how many houses do you have abroad? I said, well, to tell you the good news, I don’t even have a nine-inch block outside Nigeria, and that is the truth. I don’t have a house anywhere abroad.” - he told Senior Media executives during an interview session over the weekend
President Buhari may not name ministers until September - Report
President Buhari may not name his cabinet members until late August or early September, this is according to a source in the presidency who spoke with Punch. President Buhari is reportedly majorly concerned with cleaning the alleged rot the Jonathan administration left behind before bringing in new ministers.
“Mr. President is reluctant to build on a rotten foundation he inherited from the Peoples Democratic Party administration. You cannot even begin to imagine the situation we have met on the ground; almost everything is in a state of decay. There is absolutely no way the new government can can hope to achieve anything long lasting without first building a new foundation.
Red Carpet pictures from the 2015 BET Awards
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