50-year-old Liz Hurley flaunts her amazing figure in a gown at an event in Rome (Photos)

50-year-old Actress & Model, Elizabeth Hurley stepped out showcasing her impressive body in a white Valentino gown, at the opening of Sofia Coppola's take on La Traviata in Rome, which took place in the Teatro Dell'Opera Di Roma. More photos

Nigeria is headed for a 'full-blown economic crisis- Business Insider reports

Business Insider, an American Business magazine, reports that Nigeria is heading for a full blown economic crisis due to lower oil prices and the government's Foreign exchange and Price Control policies. Read the report below...

Nigeria's economic crisis is getting worse. On Friday the Nigerian Bureau of Statistics revealed that the country's economy shrank by 0.4% year-over-year in the first quarter — way worse than expected.
Economists were expecting the country to grow by 1.8% year-over-year, according to the Bloomberg consensus. And now analysts aren't feeling too good about the situation going forward. "We have long warned of a slow-burning crisis in Nigeria," Capital Economics' Africa economist John Ashbourne said. "It now seems that this view was too optimistic: the country is headed into a full-blown economic crisis." Nigeria continues to suffer from numerous economic headaches, (which analysts have more or less deemed a failure). The biggest drop in growth was in Nigeria's manufacturing sector, which Ashbourne wrote was crushed by the country's FX policies.
"This is very bad news for Nigeria's government, which has justified the current FX system as a method of promoting non-oil industries," Ashbourne said. "It is now clear that these policies have — as we'd long argued — made a bad situation worse."
Still, the scariest thing about this latest gross-domestic-product number is that it doesn't factor in any of the debilitating problems Nigeria has seen in the second quarter, including but not limited to the fuel-shortage crisis and some of the oil-production disruptions by theNiger Delta Avengers. In short, Ashbourne concluded grimly, "the worst is yet to come."

Photos of Femi Fani Kayode at Lagos Magistrate Court today, to be detained by EFCC for 21 days

EFCC today arraigned former PDP Presidential campaign spokesperson, Femi Fani-Kayode in an Ikeja magistrate court where they secured an order of remand to keep him in their custody for another three weeks. A statement released by the agency reads;




EFCC press statement

The EFCC on Monday, May 23, 2016, secured an order from Justice B. O. Osunsanmi of Magistrate Court of Lagos State, sitting at Ikeja to remand the former Minster of Aviation, Femi Fani – Kayode. Justice Osunsanmi gave the order of remand after the Commission’s counsel, Nkeruwam Anana moved an application before the court urging his lordship to remand the suspect pending conclusion of investigations in the matter involving fraudulent conversion of the sum of N840, 000, 000. 00 (Eight Hundred and Forty Million Naira) transferred from Ministry of External Affairs to Jointrust Dimensions Nigeria Limited account. Anana quoted the company’s account number as 1010740698 domiciled in Zenith Bank Plc.
Fani Kayode is also suspected to have conspired with a former Minister of Finance and PDP campaign leader Nenadi Esther Usman, and Jointrust Dimensions Limited to perpetrate this heinous crime by fraudulently converting to their personal use and the use of others the total sum of N1, 500, 000, 000.00 ( One Billion, Five Hundred Million Naira only).
The order of remand, however was in accordance with section 264(1) of the Administration of Criminal Justice Law of Lagos State, 2011 which states that "Any person arrested for any offence triable on information shall within a reasonable time of arrest be brought before a Magistrate for remand and the Magistrate shall have powers to remand such a person after examining the reasons for the arrests exhibited in the request form filed by the police, and if satisfied that there is probable cause to remand such person pending legal of the Director of Public Prosecutions or the arraignment of such person before the appropriate court or tribunal".
Justice Osunsanmi granted the application of the prosecution to remand Femi Fani Kayode in EFCC custody for 21 days pending when investigations be concluded in order that the suspect will not influence or interfere with the investigation process

Reno Omokri sympathizes with Lagos govt over the cancellation of Pres. Buhari's state visit

President Buhari yesterday night cancelled his visit to Lagos. According presidential spokesperson Shehu Garba, the cancellation was due to scheduling difficulties

DOWNLOAD MUSIC 2Wizzi ft. Timaya x Orezi – Bend Down (prod. Popito)

2Wizzi ft. Timaya x Orezi – Bend Down (prod. Popito)


Sleek Records Nation presents the long awaited audio to that monster collaboration of her front man 2wizzi, the single features industry heavyweights Timaya and Orezi… The energetic rapper 2wizzi never ceases to impress his fans(2wizzicians) with his catchy commercial rap style. He is surely the next big name in the industry… Song was produced by Popito, Mixed and mastered by SRN in house producer Tei. Download and groove.

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VIDEO: Slay X Pepenazi – Dishanku

VIDEO: Slay X Pepenazi – Dishanku
Castro Music Empire artiste Slay releases a brand new video for his Pepenaziassisted single Dishanku released 2 months ago, the video sees both artistes looking fresh and dapper, the video was shot in Lagos Nigeria by new Director C.A.S.

VIDEO: Criss Waddle ft. StoneBwoy – Bie Gya (Open Fire)

VIDEO: Criss Waddle ft. StoneBwoy – Bie Gya (Open Fire)

AMG’s Criss Waddle and BHIM Nation head honcho, Stonebwoy collaborate on this tune titled “Bie Gya“.

Video shot in Atlanta