Popular Billionaire Makes N658b in 1 Day, Equivalent to Debt of All Nigerian States

The 36 states of Nigeria have an estimated total debt, including unpaid salaries, of N658 billion, which is about $3.3 billion. The figure is apparently a huge burden to a country like Nigeria, weighed down by revenue shortfalls, under-develpment and leakages.

But to Spanish billionaire, Amancio Ortega, Europe’s richest man and second richest man in the world, it is all in a day’s job, or rather, just part of the day’s takings.

On Monday, the billionaire added $3.3 billion to his fortune, as shares in Inditex, owner of Zara, the world’s largest clothing retailer, rose 3.9 percent.

TIME TO MAKE AN EXAMPLE OF OGBENI RAUF AREGBESOLA FOR FINANCIAL RECKLESSNESS : Assembly confirms judge’s call for Aregbesola’s impeachment ...

Speaker, Osun State House of Assembly, Honourable Najeem Salaam


The Speaker of the Osun State House of Assembly, Mr. Najeem Salaam, said on Wednesday that the assembly had received a petition from Justice Folahanmi Oloyede, calling for the impeachment of Governor Rauf Aregbesola because of alleged financial recklessness.
Oloyede is a serving judge in the Osun State judiciary.
The judge’s petition read in part, “Consequently, the admitted inability of Mr. Governor and his deputy to pay pensions, salaries and allowances for periods ranging from eight to 11 months now as a consequence of their own decision to accumulate debts beyond the capacity of the state’s internally generated revenue, whilst the very ‘actors’, Mr. Governor and his deputy, continue to enjoy their security allowances in hundreds of millions, is a violation of their oaths of office.
“Their action in this respect is as illegal as it is immoral and unconscionable. It is an evidence of their inability to discharge the functions of their office. There is therefore no legal or moral basis for their continued stay in office.

Photo: Alibaba's Wife Surprises Him With A Mercedes-Benz S500 As Birthday Gift

She surprised him with the gift yesterday as the comedian clocked 50. The comedian and his family also moved into their new home as he celebrated his birthday yesterday, which doubled as their house warming ceremony.

Charly Boy To Celebrate His Grand Daughter Tomorrow On Air (Photos)

AIT will tomorrow air a show, O&M where Charly Boy celebrated his teen granddaughter. The show would air, tomorrow, 26^th June, 2015 at 11pm. The young lady’s mother is Yvonne Oputa who is Charly Boy’s first daughter and his second child. See a photo of the young lady and her mom after the cut.

Pictured! Actresses Fight Dirty Over Lesbianism Tale

Blood of Jesus! Two Nollywood actresses Biodun Okeowo and another one named Wura Gold are currently in the middle of a fierce battle to wash their hands off a lesbianism tale and it all depends on who can lie most. According to the most popular one, Biodun Okeowo, Wura Gold was her close friend until the day she asked her to become her lover. The mother of two said she was forced to distance herself from Wura ever since that day and that was how hell was let loose. Wura has been bad mouthing me and saying all sorts of things against me she alleged.  BestofNollywood however reached out to them and both ladies pushed the blame on each other. Hear Biodun first;

Former Senate President, David Mark Sworn-In As New Senate Leader

David Mark, the immediate past Senate President is now the new senate leader after been elected today. He has now been sworn-in.

FG Ban Sale Of Unregistered Local Gin

The Director-General of NAFDAC, Dr Paul Orhii has said, the Federal Government through its agency NAFDAC, is set to ban, destroy and confiscate unregistered gins popularly known as ogogoro and bitters or other illegal alcoholic beverages produced in the country. Orhii said this was necessary because investigations by NAFDAC and other partners had linked the deaths in Ondo and Rivers states to the methanol contamination in the local gin.

I Couldn’t Penetrate Into My Victim Until The 5th Time, Man Explains How He Defiled 11-Year Old Pupil

Nkan be.. The police have arrested a 38-year-old motorcyclist, Obinna Ekusaba, for allegedly raping a primary six pupil for six months in the Kirikiri area of Lagos State. It was learnt that the incident happened from December, 2014, to May, 2015, on Karimu Street, Kirikiri Town.

Punch correspondent learnt that the victim’s mother sold cigarette and alcoholic drinks in a motor park on the street. Ekusaba, who usually parked his motorcycle at the park, was said to be one of her numerous customers.

She was said to be away on the fateful day when the suspect called the 11-year-old to bring a bottle of drink into an uncompleted building in the motor park.

Photos: Bukola Saraki Emerges As Senate President!

Senator Bukola Saraki has emerged as the Senate President. He is currently taking the oath of office as seen in the photo above. This is presently on NTA Abuja live. Another photo after the cut.

Inauguration: SEE The Vintage Car Desmond Elliot Rode

Nollywood actor/producer turned politician, Desmond Elliot, was inaugurated into the Lagos State House of Assembly on June 8, Monday.
Desmond, who is representing Surulere constituency 1 at the House, contested on the platform of the All Progressives Congress (APC) and won, defeating the candidate of the Peoples Democratic Party (PDP).

Desmond Elliot with his pretty wife, Vicky heading for inauguration

He was driven to his inauguration at the Lagos House of Assembly in an unusual car. It was a vintage Mercedes Benz car, not the type you see every day.

Charly Boy releases interesting new photos

Nice. See more photos after the cut...

Diddy's current mood (photo)

The business mogul and rapper, who is worth over $700m, shared his current mood by posting this photo on his instagram page.

Eedris Abdulkareem Punished Me, He Never Recognised Me- Timaya

Oh dear, life oh life. Please be nice to people you meet in life when you are on top, cus no one knows tomorrow. Absolutely no one. Timaya has said he owes Eedris Abdulakareem no thanks while he worked as a member of his band, and neither was Eedris nice to him like he now claims. According to Timaya, he stays outside the gate of Eedris Abdulkareeem from morning till night whenever he goes to see him, because they would not allow him in, and eventually, he sends someone to tell him to come back next week. He says Eedirs can’t take the glory of his career or reign and he should quit telling people he made him, because he never learnt from him. Timaya made these statements while answering a question from Saturday Beats if it was true that Eedris trained him and made him like the one time popular singer claims. Below is what Timaya said;

GF Hits Too Hard On Man While On Top Of Him Having S3x And Alas His P*n*s Broke

One man's romantic night in with his girlfriend was ruined after he fractured his penis while having s3x. Alan Parke heard his penis 'snap' during intercourse with his girlfriend Clarissa and 'saw blood spurt everywhere', he claimed while speaking to Irish Mirrior.

'I've never known pain like it. It was absolutely excruciating,' Mr Parke expatiated.

'We were just having s3x, I was on the bottom and Clarissa was on top. All of a sudden I heard something snap. Clarissa was trying to calm me down because I was jumping around. It was the worst pain I've ever experienced,' he said.

More Heart Breaking Photos From Ghana’s Flood

 Here are more heart breaking photos from the flood that killed many on Wednesday in Ghana.