Interest Rates Will Go Up - CBN Governor

Godwin Emefiele, governor of the Central Bank of Nigeria has revealed that the country’s monetary policy rate would still have to go up.

He said based on rising inflation rates, the monetary policy rate (MPR) would have to rise.

He was speaking on Saturday at the International Monetary Fund headquarters in Washington.

“Truly, Nigerians really expect that if they want to access finance, they should do so under a low interest regime,” he said.

Presidency: "No loan deal during Buhari’s visit to China"

The Presidency has said President Muhammadu Buhari did not sign any loan agreement with the Peoples Republic of China during his one-week working visit to the Asian country.

Special Adviser to the President on Media and Publicity, Femi Adesina, revealed to Punch Newspapers on Saturday, that “there was no loan deal during the President’s visit to China. All that is coming are investments into Nigeria.”

Rather, the presidential spokesperson said Buhari’s trip yielded over $6bn additional investments for Nigeria.

Harrysong set to Release New Album titled "Spontaneous"

Five Star Music Artist, Harrysong has disclosed his plans to release new album soon. 

The "Reggae Blues" crooner disclose this to Channels Television lately. Mr Songz said; ‘we are working on the new album titled ‘Spontaneous’ and I have a lot of my friends on it. The album is basically going to be about Harrysong all the way, from where I started to where I am right now to where I am going.’

The Five Star Music act also unvieled names of notable artiste who featured on “Spontaneous,” they include; Patoranking, Duncan Mighty, MI Abaga, Kcee, Yemi Alade, Seyi Shay and others.

Wizkid sends shout out to his real G Davido

In the past few weeks it seems everything has been going the right way between Africa biggest star, Wizkid and Davido. Both has been hanging out together. The pics above is one of such hangout in a private jet.

And to tie the knot more, Davido was signed to Pepsi which Wizkid has been a brand ambassador for the past 2 years. To recognize this, Wizkid took to his Instagram page to send his shout out to his homeboy Davido. See post below:

Rihanna launch ‘Fenty Beauty’ Makeup Line

"Work" singer and work hitmaker, Rihanna’s empire is expanding to include a complete makeup collection. The line, called ‘Fenty Beauty by Rihanna,’ comes in collaboration with the Kendo division of LVMH and is set to arrive Fall 2017.

It’s estimated that LVMH paid as much as $10 million to make the deal.

via WWD:

50 Cent to Pay $23 Million to Settle Bankruptcy Debts

Curtis Jackson aka 50 Cent may be ‘bankrupt,’ but the rapper has offered to pay $23 million to help settle some of his debt.

via TMZ:

50 and his lawyers submitted their plan to a bankruptcy judge, and according to the docs … he will pay the $23 mil over the next 5 years.

Jennifer Lopez stuns on cover of W Magazine, talks about her past relationship

Jennifer Lopez in a recent interview with W Magazine for its May 2016 cover story, opened up about the resentment and failure she grappled with following her 2011 split from her third ex-husband, Marc Anthony. The superstar whose famous exes also include Sean "Diddy" Combs and Ben Affleck seemingly threw shade at her musician ex and his skills in the sack in the no-holds-barred piece.

via US Magazine:

Khloe Kardashian Shares Emotional Instagram Post About Lamar Odom

Khloe Kardashian broke her silence regarding her complicated relationship with not-so-estranged husband Lamar Odom.

After pausing her life to help rehabilitate Lamar back to health, the complicated couple is said to be on the rocks after Lamar was spotted drinking at a bar despite his issues with substance and alcohol abuse.

Khloe took to Instagram this morning to write a not-so-cryptic post about her situation.

She wrote:

Blac Chyna and Rob Kardashian have been Offered Millions for TV Telecast of their Wedding

Rob Kardashian and Blac Chyna have been offered massive amounts of money to televise their wedding, Yes a huge millions of dollars but there is just one thing that is sealing a deal and her name is Kris Jenner.

via TMZ:

Several big-time TV producers tell us pitchmen are putting together offers for Rob and Chyna. We’re told the most lucrative path would be an episodic docusoap leading up to the big day. They’re looking at $150k-$200k each per episode, plus another $500k each for the finale.

Ciara Looks Absolutely Stunning on the Cover of ESSENCE Magazine

Ciara features on two two covers of the May issue of ESSENCE magazine and the singer who was recently in Nigeria for Darey's Concept look stunning.

In the mag, she talks about how she was ready for a family when she and ex-Future planned to have baby Future but their breakup wasn’t quite how she saw things going.

“I’d always wanted to have my own family,” she said. “And my pregnancy was planned when I was at a point in my life when I was finally ready to take on the responsibility.”

“That wasn’t necessarily part of my vision. But the moment I realized I was going to be a single mother, I had to reflect and reorganize my thoughts. I decided to trust that God had a plan for me, and move forward one day at a time.”

Veteran US Radio and TV Personality Doug Banks Dies

Veteran radio show host and TV personality, Doug Banks, has died. He was in his late 50s.

Doug hosted radio shows at stations in L.A., San Francisco, Las Vegas, Detroit and finally Chicago’s V103 according to his website before signing on to do a nationally syndicated show.

Oh Dear! Ciara Refuses to mention Future’s Name During ‘Billboard Music Awards’ Nominations (VIDEO)

Oh dear, Ciara just show to the world how much she doesn't want to associate with her baby father, Future anymore. Ciara who appeared with Ludacris on ‘Good Morning America’ yesterday to announce the Billboard Music Awards nominations.

When it came time to announce the nominations for Best Rap Artist, Ciara couldn’t help but skip over her ex Future’s name leaving Ludacris to fill-in the blank.

Watch below:

PHOTO: Woman set apartment ablaze after finding out her boyfriend is gay

A woman accused of setting her apartment on fire after she discovered her boyfriend was gay and cheating on her says it was a complete accident.

According to NJ.com, Lakishette Williams, 25, appeared for a bail reconsideration hearing Friday four months after she was charged with aggravated arson for the incident.

Police said at the time that they pulled Williams from her apartment on North Gouverneur Avenue and found that she had started fires in two rooms. 

Prosecutors said Friday that police found evidence of the first fire on a stovetop in the kitchen where they discovered remnants of charred paper on a burner.

More Sanctions For Suspended Lawmakers in Nasarawa

The Nasarawa State House of Assembly has relieved two of the suspended lawmakers of their principal offices and also dismissed them from their various committees.

The decision is coming days after their suspension and other issues led to a crisis that resulted in fisticuffs.

During a sitting of the House members, the Speaker, Abdullahi Balarabe, made it clear that their dismissal was a decision of the All Progressives Congress’ caucus of the House which is the majority in the house. All suspended lawmakers are members of the party.

He said that two lawmakers had been appointed to occupy the principal offices and some others to chair their various committees.

135 Indian hemp dealers nab by NDLEA in Delta

No fewer than 135 Indian hemp sellers have been arrested by the National Drugs Law Enforcement Agency, Delta State command. The suspects were caught on Monday with 160 bags of Indian hemp.

Mr. Frank Hannachor, the state commander of the agency, confirmed that operatives of the agency acted on a tip-off in Obiaruku and Kwale community where Indian hemp smoking and cultivation have been beehive of activities in the past three years and arrested the suspects, adding that the suspects were handed over to the police for prosecution.

Kanye West’s ‘The Life of Pablo’ make its way to No. 1 on Billboard 200 Chart

Kanye West’s ‘The Life of Pablo’ may have landed an unconventional release, but Kanye West still earned his 7th No. 1 on the Billboard 200 chart with 94,000 equivalent albums sold.

Of that 94,000 albums, 28,000 of those were pure album sales. The rest were in streaming equivalent albums.

via Billboard:

The Billboard 200 chart ranks the most popular albums of the week in the U.S. based on multi-metric consumption, which includes traditional album sales, track equivalent albums (TEA) and streaming equivalent albums (SEA). The new April 23-dated chart (where The Life of Pablo is No. 1) will be posted in full to Billboard’s websites on Tuesday, April 12.

Governor Fayose: "FG imposing more hardships on Nigeria with VAT increment:

See press statement from the Ekiti State Governor ...

Ekiti State Governor, Mr Ayodele Fayose has said that the Federal Government was planning to impose more hardships on Nigerians by increasing Value Added Tax (VAT) from the current five per cent to 10 per cent, describing the move as insensitive to the plight of Nigerians who are suffering from the bad economic policies of the President Mohammadu Buhari led All Progressives Congress (APC) government. 

Vice President Yemi Osinbajo had said on Thursday, in Lagos that the current five per cent VAT rate in the country was very low, and went on to add that the Federal Government would increase the taxpayer base this year. Reacting through his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose said any increment in VAT or any other tax being paid by Nigerians at this time will further make life unbearable for the people.

SPOTTED: Buhari, Osinbajo and Minister of Budget and National Planning scrutinizing the 2016 budget

So this is suppose to be a picture of President Buhari, VP Osinbajo and Minister of Budget doing serious scrutiny on our already overdue budget and one photographer was there flashing light in their eyes when they are doing serious business, or the photographer think we are still doing election that he can capture scene and use it to win vote? Better let Mr President work so we can have our budget ... Lol MP done vest today. But this is really serious business.

See another photo below:

Lagos RRS arrest teenage suspected to be member of notorious robbery group

Operatives of the Lagos State Rapid Response Squad (RRS) today arrested 13-year-old Opeyemi Johnson who is believed to be a suspected member of the notorious Awawa cult group for robbery. Opeyemi, a Junior Secondary School (JSS) student, was arrested around Fagba in Agege this morning after he, alongside 20 others attacked some road users and dispossessed them of their belongings.‎ Other gang members fled as RRS men on patrol tried to catch them.

Luck however ran out on Opeyemi who was caught and later led the police to arrest another suspect, Mohammed Korede, 19.

When interrogated, Opeyemi said their leader, a certain ‘Ijaomode’ ordered them to rob anyone they saw on the road from the carnival. 

Lai Mohammed: "The Change You Voted For Is Real"

The Minister of Information, Mr Lai Mohammed, has assured Nigerians that the change they voted for is real and good life awaits all citizens once the planning stage is over.

He said that he was aware that many Nigerians are already doubting the APC’s promise of ‘change’ but the 2016 budget is a statement that clearly explains the Nigerian government’s economic direction and plan for the citizens.

He said this in response to questions about the economic policies of the Buhari-led administration while speaking on Sunday Politics on Channels Television.

Kanye West finally speaks about Rob & Blac Chyna's Engagement

Kanye West who touched down at LAX on Friday, was questioned by paparazzi about Blac Chyna and Rob Kardashian’s engagement.

According to lovebscott, We expected ‘Ye to give everyone the silent treatment — but he didn’t. In fact, he answered everyone’s questions to the best of his ability…and his answers were very, very, telling.

Let’s just say he’s happy for Rob. Emphasis on Rob.

Watch below:

Ludacris and Ciara to Headline 2016 Billboard Music Awards

Ludacris and Ciara has been chosen to headline the 2016 Billboard Music Awards, this was reveal via post by  Billboard:

See below:

The 2016 Billboard Music Awards will be held May 22 at the brand-new T-Mobile Arena in Las Vegas with a live broadcast at 8 p.m. ET on ABC.

“It is my honor to host the Billboard Music Awards for the third year and a pleasure to host with my good friend Ciara,” Ludacris said in a statement. “I’m looking forward to another great show in a new and exciting venue.” 

Court threw out Rick Ross's copyright suit against LMFAO

A judge completely threw out Rick Ross's copyright lawsuit against LMFAO because his copyright filings were so sloppy and incomplete. Lol maybe his legal team should work harder and get more evidence before filling for such case

According to gossip site TMZ, Ross famously released the song, “Hustlin'” back in 2006. Enter LMFAO, which recorded “Party Rock Anthem” in 2011. Rick was furious, claiming it’s a blatant ripoff, so he sued the group.

"I took dance class from Jennifer Lopez back then" - Kerry Washington

America Actress Kerry Washington made a surprise revelation at the "The Tonight Show" starring Jimmy Fallon when she said that while growing up in the Bronx, she took a dance class taught by none other than Jennifer Lopez.

According to Kerry, she initially just went for the “candy at the end of class,” but her teacher “had an awesome substitute teacher named Jennifer, who would sometimes step in and teach but she left to move to L.A. and be on In Living Color.”

Mother & Son on the run after admitting their Incestuous Relationship

51-year-old Kim West and 32-year-old Ben Ford, are mother and son and recently made their romantic relationship public in British tabloid New Day.

To make this even more nasty, the two say for the last two years they’ve been having “incredible and mind-blowing” sex.

Neither Kim nor Ben thought this plan through because incest is a crime and it carries a 15-year prison sentence…so now they’re on the run.

via NYP:

See Gobe! Teacher Arrested After Video of Her slapping a Student Goes Viral (VIDEO)

Mary Hastings, a teacher at Ozen High School was arrested on Friday for assaulting a student after a video of her repeatedly slapping a student in the back of the head was posted to Twitter. She’s been charged with assault and posted a $2,500 bond.

Read the story via 12 News Now:

DMX Accused of Sexual Assault but Rapper Says the Woman Tried to Steal His $30,000 Watch

DMX has been accused of sexual assault by a woman he claims stole his watch from his hotel room.

via TMZ:

Sources close to ‘X’ tell TMZ he met a girl at a bar in Hollywood Friday night and brought her and a group of people back to his hotel room in Orange County. We’re told it wasn’t long before X’s team noticed the girl had vanished … and so had his $30k watch, so they called the cops. 

"I'm not contemplating any resignation" - Senate President

Embattled Nigerian Senate president, senator Bukola Saraki has vowed to fight on amid growing calls for his resignation following allegations of financial fraud as contained in the Panama Papers scandal.

The former governor of Kwara State has pointed fingers at political opponents who, according to him, are still bitter over his emergence as Senate president, Premium Times reports.

“There’s a case in the Tribunal and a resultant appeal at the Court of Appeal,” he said in a statement. “The underlining philosophy of our legal system is that an accused person is presumed innocent until found guilty.”

Actress Ibinabo Fiberesima shows Appreciation to God in Her first post since release from Jail

Nollywood actress, Ibinabo Fiberesima has finally made her first official statement since after the court granted him bail last week. She really didn't have much to say than to give thanks to God and appreciated his goodness in her life.

See what she posted below:

Kim Kardashian Cries for Rob Kardashian over Blac Chyna (VIDEO)

This is so hilarious, it seems there is no going back between Rob and Blac Chyna. We can only imagine how the Kardashian family would crying to Rob everyday on his decision to get engage to Blac Chyna. So Rob posted this clip he received from his sister Kim via Snapchat, obviously its about Blac Chyna that she wants to talk about.

Check it out: