22 Jun 2015

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Naira Depreciates Further Against Major Currencies

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The Naira on Friday at the parallel market depreciated against three international currencies at the close of trading for the week. A on Friday in Lagos showed that the Naira depreciated by N1 or 0.45 per cent against the dollar due to high demand. It sold for N221 against the dollar from the N220 it sold on Monday, June 15.


The Naira also lost N27 to sell at N352 to the pound, representing 8.31 per cent depreciation from the N325 it traded on June 15.Besides, the Naira against the euro went for N245 compared with the N238 it sold on June 15, representing N7 or 2.97 per cent drop. The Naira against the dollar at Central Bank of Nigeria (CBN) official rate remained at N196.90, the rate since June 11.

But it fell by N7.96 or 2.61 per cent to the pound, selling for N313.31 from the N305.31 it sold on June 15. The currency also depreciated against the euro to sell for N224.58 compared with the N220.74 it traded on Monday.

A bureau de change operator, Mr Harrison Owoh said that the depreciation in all segments was due to a shortfall between demand and the foreign exchange available for sale. Owoh, who is the Managing Director of HJ Trust Investment Ltd., Lagos, said that a further shortfall in forex supply may lead to further depreciation.
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Aisha Buhari' Official Portrait Changed

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President Buhari' wife 'Aisha Buhari' New Official portrait.

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Niger Delta Militants Are Taking Up Arms, We Will Deal With Them - Alex Bade (Chief Of Defence STAFF)

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Chief of Defence Staff, Air Chief Marshall Alex Badeh on Friday revealed that intelligence reports available to the Armed Forces showed that the Youths from the Niger Delta region have started taking up arms and engaging in criminal activities along the creeks and the water ways of the region.
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Igbo Groups Asks Deputy Senate President Ekweremadu To Step Down

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A pan-Igbo group based in the United Kingdom, Concerned Diaspora Enugu West, has urged the Deputy Senate President, Senator Ike Ekweremadu, to step down immediately.
The group said in a statement by its convener, Mr. Ignatius Ozoilo, that Ekweremadu had been the Deputy Senate President since 2007 but had failed to make a mark in the Senate.

The group also berated Ekweremadu for saying that his emergence as the Deputy Senate President despite being in the opposition would be beneficial to the people of the South-East.
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Full List Of 2015 African Movie Academy Awards (AMAA) Nominees

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The full 2015 African Movie Academy Awards (AMAA) nominees list has been revealed. Movies from around Africa and the diaspora will slug it out in 28 different categories.
Kunle Afolayan‘s October 1 got 8 nominations including Best Director and Best Film while A Place in the Stars, Love or Something Like That, Invasion 1897 and Iyore all picked up nominations.
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Seems Kim Kardashian & Kanye are Having another Baby!

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Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf


Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed she is having another baby with Kanye and its a boy.
she posted the lovely picture above on her instagram.Congrats to them!

Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf

Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
 
 

Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
Kim Kardashian has revealed her second child will be a baby boy. Late on Sunday, Kim posted this sweet picture on Instagram of her daughter North sitting on Kanye West’s lap, playing with a pop-up book, with the caption you seeabove. - See more at: http://www.lailasblog.com/#sthash.HGrdARH6.dpuf
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See What a Young Girl Did to her Dad's Car for Father's Day....lol

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What will you do if you were her dad?

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Finally President Buhari Moves Into Presidential Villa

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President Muhammadu Buhari on Sunday evening finally moved into his official residence in the Presidential Villa, Abuja.

Buhari and the Vice President, Yemi Osinbajo have lived outside the Villa and used the Defence House, Abuja as their offices since their inauguration three weeks ago in order to allow renovation works to be carried out at the facility.
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Presidency Orders Retirement Of Civil Servants With 30 Years In Service And Above

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Civil servants who have served up to 30 years may have to leave the service before the end of 2015, this is to pave way for fresh bloods into the system as a way of ensuring maximal output and restructuring of the civil service, LEADERSHIP Sunday gathered on good authority.
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‘I Was Raped By My Step-father,’maheeda Says On Father’s Day Yesterday

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While others celebrate their fathers On Sunday, June 21, 2015, Maheeda has announced that the celebration isn’t for her. Maheeda revealed that she won’t be celebrating the Father’s Day as her father left her at the tender age of five months while her step-father, who is supposed to be a father figure raped her while she was growing up.
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