Economic Recession | Nigeria Has No Other Option than to Borrow - Adeosun

Kemi Adeosun, minister of finance, says Nigeria, at this point, has no choice but to borrow to invest in the Nigerian economy. 

While speaking at a town hall meeting in Abuja, the Minister of Finance, Kemi Adeosun, said Nigeria at this point (economic recession) has no choice but to borrow to invest in the Nigerian economy, adding that the federal government is very conscious and conservative about its borrowing, so as not to leave a heavy debt burden for future generations.

Appeal Court yet to decides on Governor Ikpeazu's Sack

The appellate court in Abuja has remained indecisive concerning the Abia State governorship crisis between two chieftains of the People's Democratic Party, Uche Sampson Ogah and Governor Okezie Ikpeazu. 

Court of Appeal has reserved judgment in an appeal by Okezie Ikpeazu against the judgement of a Federal High Court, Abuja, which sacked him as governor of Abia.

Presidency dissociates itself from the ongoing Budget Padding Controversy

The budget padding controversy took a different turn on Tuesday as the Presidency denied knowledge of any padding in the budget presented to the President for his ascent.

Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, and his counterpart in the House of Representatives, Hon. Ismail Kawu, told newsmen in Abuja that the budget signed by the President which is being implemented was not a padded budget.

Anambra State | Police discover stash of ammunition

The Police on Tuesday uncovered a cache of ammunition buried at a construction site at Umuowelle, Agulu in Anaocha council area of Anambra State.

The Police Public Relations Officer in the state, ASP Nkeiru Nwode, said the ammunition were unearthed by some labourers who were digging the foundation of the building .

Nwode said the workers reported to Neni Police Division which went to the place and cordoned it off.

N4.9bn Fraud | EFCC charges 3 companies linked to Jonathan’s ex-aide

The Economic and Financial Crimes Commission (EFCC) has charged three companies linked to former Senior Special Assistant to ex-President Goodluck Jonathan on Domestic Affairs, Waripamo-Owei Dudafa.

They are Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited and Trans Ocean Property and Investment Company Limited.

They were charged before Justice Abdulazeez Anka of the Federal High Court in Lagos, along with Sombre Omeibi, who is said to be at large.

OMG! This Couples decides to cut a spice GOAT instead of usual Wedding CAKE, People Reacts

Okay, this is totally Strange and New! This picture above is currently making rounds online with so many people wondering how possible it is.Many have asked if it was a film shoot or even a photo session. As at the time of filing this report, where or when the event happened is yet to be ascertained.

Not sure if it stunts or not but let's just say the couples are obsessed with goat meat ... And it is their wedding so they can do whatever pleases them.

Turkish NBA Superstar ‘disowned by family’ after supporting US-based preacher

The family of one of the most prominent Turkish basketball players in the NBA on Tuesday publicly disowned him after he openly supported the US-based preacher who Ankara blames for last month’s failed coup.

Enes Kanter, 24, a centre for the NBA outfit Oklahoma City Thunder, has backed exiled cleric Fethullah Gulen in Twitter postings after the attempted putsch aimed at ousting President Recep Tayyip Erdogan.

Since the coup, Turkey has embarked on a massive purge of all elements linked to Gulen from a range of institutions, detaining or sacking of tens of thousands of people.

#Rio2016: Nigeria's D’Tigers suffer second defeat to Lithuania

Nigeria’s D’Tigers’ chances of making it to the quarter-finals of the men’s basketball event of Rio 2016 was dealt a severe blow when they lost 89-80 in their second game to world No.3 Lithuania on Tuesday night.

D’Tigers, who lost their opening match to Argentina, started brilliantly in the opening minutes of the game with Ike Diogu hitting the first bucket of the game.

Managers who think Pogba's deal is outrageous are not at top clubs - Mourinho

Manchester United manager Jose Mourinho has hit out at some of his critical counterparts by pointing out they will never have his issue of spending a world-record fee because they are not at one of the world’s top clubs.

Mourinho had already described comments from the likes of Arsenal boss Arsene Wenger and Liverpool’s Jurgen Klopp about United’s transfer business as “unethical”, and he returned to the subject on Tuesday in an MUTV interview.

Ondo State medical workers suspend indefinite strike

Medical workers in Ondo State under the auspices of National Association of Government General Medical and Dental Practitioners have suspended their industrial action on Tuesday.

The association, which is an affiliate of the Nigerian Medical Association, embarked on a strike action over two months ago following the inability of the state government to pay its members their five months salaries.

#Rio2016: Nigeria’s Aruna Quadri knocks out by China’s Ma Long

Aruna Quadri’s hopes of winning Nigeria’s and Africa’s first men’s singles table tennis Olympic medal were dashed here at Rio 2016 on Tuesday night at the Riocetnro Pavilion 3.

The Nigerian star had stopped some big names on his way to the quarter-finals, but reaching the semi-finals became a step too far as he came up against world No.1 Ma Long on Tuesday.

Guys! See the 10 most expensive cultures to marry from in Nigeria

In Nigeria, marriage is definitely a big deal considering the kind of money and energy people invest into it to make it happen.

That is the period where every bride gets to feel like a queen because of the way they are celebrated. It is usually a royal event and depending on how big the wedding is, you will be shocked to find the important dignitaries in the society there.

Marriage is treated with great respect and as such some cultures in Nigeria ensure that whoever comes to marry their daughters fulfill all the traditional rites to the latter.

In most cases, these traditional rites can be termed as expensive cultures to marry from and so are dreaded.

Zidane hails Sergio Ramos after Real Madrid’s Super Cup victory

Zinedine Zidane hailed the work of Sergio Ramos as the captain delivered a stoppage-time equaliser that allowed Real Madrid to go on and beat Sevilla 3-2 in the UEFA Super Cup on Tuesday.

Ramos had allowed Sevilla to take the lead in the second half when he tripped up Vitolo in the box for a penalty, but he redeemed himself with a 93rd-minute header.

Zidane, who was full of praise for the opposition after the hard-fought game, said he has complete trust in Ramos’ ability.

Security Man beaten to stupor for not Feeding Dogs

A 47-year-old man, simply identified as Nwokedi Henry alleg­edly beat his security man, Shehu Garuba to coma yesterday morning in Sulieman Barua Road behind Sarafinna in Suleja, Niger State.

Henry was a dog trainer. He allegedly beat the se­curity man to coma for not serving food to the dogs.

Henry narrated to our correspondent, the way and manner his security has tor­tured his dogs in his absence.

#Rio2016: Siasia rests Etobo, Mikel for last group B match

Nigeria U-23 team will face Colombia tonight in their last group B match at the ongoing Rio Olympics without the top stars as Head coach, Samson Siasia; has decided to give other players the opportunity to prove their worth.

Nigeria arrived Sao Paulo yesterday for the game against Colombia which holds at the Arena dos Corinthians at 11pm (Nigerian time).

SHOCKING! 150 Courses Unaccredited In Nigerian Universities (See Full List)

At least 150 undergraduate academic programmes in Nigeria’s public and private universities are unaccredited.

According to Premium Times, the 2016 accreditation status report by the National Universities Commission (NUC), exclusively obtained by this newspaper, the unaccredited courses are domiciled in 37 of 143 universities in the country.

The Quality Assurance Department of the NUC is in charge of accrediting courses in the universities.

For a course to be accredited, the NUC says, it must meet the Benchmark Minimum Academic Standards (BMAS) that has been drawn up by the commission.

CBN Governor denies reducing foreign exchange rate for pilgrims

The Central Bank of Nigeria (CBN) has debunked claims in certain quarters suggesting that prospective pilgrims have been granted concessionary foreign exchange rate for the 2016 pilgrimage.

This is contained in a statement in Abuja on Tuesday by the bank's acting Director of Communications, Mr Isaac Okorafor.

According to the statement, the CBN Governor, Mr Godwin Emefiele, said there was no preferential exchange rate of any sort to intending pilgrims.

NFF set to pay Siasia, Others $60,000

The Nigeria Football Federation(NFF) President, Amaju Pinnick has disclosed he has directed that a grant of $60,000 recently received from the Confederation of African Football (CAF) be used to clear the unpaid salaries of Nigeria Olympic team coach Samson Siasia and his assistants.

Before the Olympics in Rio, Siasia told the media he has not received his salary for five months.

47-Year-Old Man Arrested for Raping an 18-Month-Old Baby

Emmanuel Magbatie, a 47-year-old man, has been arrested for allegedly having carnal knowledge of an 18-month-old girl in Owutu axis of Ikorodu, Lagos State.

This came barely a week after the Lagos State Government sought compulsory psychiatric test for rape and other domestic violence offenders in the country.

It was gathered that Magbatie, an artisan, who reside in same building as the victim’s parents, defiled the girl last week Wednesday, August 3, 2016.

Wow! Checkout this Incredible makeup photos of Anna Banner

Former MBGN look stunning in her makeup. The makeup was done by celebrity makeup artish Davesucre

Minister of Power inspects power projects in Borno state

Minister of Power, Works and Housing, Babatunde Fashola, inspected some power projects in Borno state yesterday August 8th.

OMG! Woman who went on 16 years hunger strike set to end it today (See Her Photos)

Human rights activist Irom Sharmila, also known as the "Iron lady of Manipur," has decided to end her fasting she started in 2000, today Tuesday.

She started her strike in 2000, after 10 civilians were allegedly killed by Indian soldiers in the country's northeastern Manipur state and has been protesting the killings using her hunger strike ever since.

Wow! Epic throwback Photo of Sound Sultan ...

The "Orobo" crooner shared these photos on social media with the caption ''10yrs btw these pics ??? Fine wine. God is good.''

NNPC MD debunks Petrol Pump Price increment rumors

NNPC Group Managing Director, Maikanti Baru has ruled out the possibility of any increment in petrol pump price. Baru said this today to state house correspondents while reacting to media reports that oil marketers may soon increase pump price of petrol due to the scarcity of dollar and high exchange rates. According to Baru, he has not gotten any presidential directive to increase the pump price of petrol 

More beautiful photo of Alex Iwobi and his girlfriend

She is a pretty woman ... 

I support death penalty for coup plotters - Turkey's President says

Turkey's President Recep Tayyip Erdogan says he will support the reintroduction of the death penalty after last month’s failed coup, as long as the Turkish public and parliament approve the measure.

The streets of Istanbul were overflowing with supporters of Turkish President Recep Tayyip Erdogan on Sunday night with more than a million people attending a rally in the wake of last month’s failed military coup. Turkish government sources said five million people arrived to support the president, and the event was broadcast to thousands more at smaller rallies across the country.

Unbelievable! See what Fraudsters did to Super Eagles Ogenyi Onazi's credit Cards

Ogenyi Eddy Onazi is not in his best of moods currently following the massive fraud committed on his finances.

It happened that a fraudster had been using his credit card to withdraw funds for the past three months until a discovery back Mastercard.

Aww! Actress Nadia Buari's twin daughters are so beautiful (PHOTO)

Ghanaian Actress Nadia Buari pictured playing with her twin daughters ... We still doesn't know who their dad is, does anyone know?

Checkout this cute Photo of Actress Uche Jombo and her son Matthew at a US Airport

Nollywood Actress Uche Jombo and her son are in California, US. She shared the photo on her Instagram page. Very cute Baby!

OMG! See what Man United Goalkeeper Sergio Romero did to his wife in Public

Argentina and Man United goalkeeper was spotted caring his wife bag as they went shopping recently. The Goal Stopper who earns about £50,000 per week cut a caring figure as he held his wife's handbag through out while she was shopping in Cheshire on Monday.