Stock Exchange Collapse: Okereke-Onyuike Blames CBN, SEC

It was another day of revelations at the House of Representatives ad-hoc Committee probe on the near collapse of the Capital Market, as the immediate past Director-General of the Nigerian Stock Exchange (NSE), Professor Ndidi Okereke-Onyuike made her presentations.

According to her, the government regulators; the Central bank of Nigeria (CBN) and the Security and Exchange Commission (SEC), failed to provide any guide lines for margin loans which she said banks used to speculate on share prices, leading to the crisis.

Allison-Madueke Faces Sack By Jonathan Over Subsidy

Following the massive corruption that have taken place in the petroleum ministry under her watch as Minister of Petroleum, some of which she cannot justifiably separate herself from, President Goodluck Jonathan is said to be finally ready to wield the big stick. Those who will be shown the way out already know themselves and are said to be fighting for a second chance.

Hours After Death Rumour, Mr Latin Welcomes Baby Girl

I'm sure you guys heard the nasty rumour yesterday that Mr Latin had passed on. Well, the popular comic actor had since cleared the air that he is alive, and hours later he and his wife who is based in Dublin welcomed a bouncing baby girl... Congrats to them!

Pastor Caught Trying To Use His Mother For Money Rituals

This is where the woman's throat was slashed.

Residents of Agboku, a community in the Ado-Odo area of Ogun State were thrown into confusion on Thursday, 13th April, when news filtered out about the kidnap of a 70- year-old-woman, madam Aduke Karimu Sawo. The kidnappers were said to be money rituals. But what alarmed people of the area was when it became clear that they were sent by Pastor Rafiu Sawo, the biological son of the woman.

Born a Muslim 35 years ago, Rafiu Sawo is now a Christian and the founder of Celestial Church of Christ [Oke Itura Parish], Owode, Ogun state, which he shepherds. The old woman was reportedly kidnapped and taken away on a chartered motorcycle to a thick forest, near Ayede village where her throat was slashed with knife.

Heavy Bomb Blast Rocks The City Of Kano

People are running in different directions. There is total pandemonium in the premises of the College of Education here in Kano. I dont know what to say but there is problem everywhere, a source in Kano told Olufamous.com.

Another source say the explosion occurred from a bomb planted at the Federal College of Education in Kano around 1:20pm on Tuesday. The federal college of education is located opposite the old site of the Bayero University campus, where about three time bombs were recovered early Tuesday.

Tiwa Savage Lands Mouth Watering Deal With PEPSI

Naija leading female singer, Tiwa Savage, has landed a major endorsement deal with popular beverage company Pepsi, which is said to be worth several millions of Naira.

"Yea, the deal is true, I can confirm that but that’s all I can say for now’, Tunji ‘T-Billz’ Balogun  told NET in a phone conversation. Balogun later explained he signed a non-disclosure agreement with the parties involved, saying "I’m still surprise how the news got out so soon".

Time Bombs Discovered Inside Bayero University

It's very unfortunate to hear that explosives were successfully planted on the premises of Bayero University in Kano barely two weeks after the institution came under Boko Haram attack. 

A police source revealed that the bombs were found hidden at the faculty of law and faculty of sciences respectively earlier ton Tuesday by university security personnel. The source also revealed that this would be the fourth time locally made bombs concealed to create maximum casualty is found  in the city of Kano.

Mr Latin Cries Out: I AM NOT DEAD

News of a rumoured death of popular Yoruba comic actor, Mr Latin (real name Bolaji Amusan) went viral on the internet on Tuesday. But when a call was put through to Mr Latin's mobile phone by Nigeria Films to know the true state of things, he was the one who picked.

The actor said he is not dead but alive. He wondered where the story emanated from. When asked where he was, he said he was in his house at Abeokuta.

Many Governors Betrayed Me -Jonathan Opens Up

“At the end of the day, by the day we announced the deregulation, almost everything was on my head. Everything was Jonathan to the extent that the House of Representatives had to meet on a Sunday to discuss it and it became an issue.

“At a point, some of the governors (I will not call the names) who participated in pressurising me, started shooting back.”