Music stars Dammy Krane and Wizkid fight at Quilox club

According to sources at the club, in the early hours of today Jan. 15th, Dammy Krane, who called Wizkid out on social media a few days ago for allegedly stealing his slangs and lyrics, was attacked by the singer at Obafemi Martin's All Black party at Quilox night club. Continue..

The two were said to be sitting on the same table with Obafemi Martin and others when the fight broke out. They said Wizkid didn't like a comment Dammy Krane made at the table and without warning, punched Dammy in the face, some claim he hit Dammy with a glass cup. Dammy picked up a bottle and threw it at Wizkid but missed and before he could do anything else, others got involved and separated the two. Club owner Shina Peller then took them to his office to settle issues.

The two music artists are yet to say anything about the incident on their respective social media pages.. 

Photo Of How Dangote Settled Don Jazzy And Olamide Beef

The media was awakened in the New Year after YBNL boss, Olamide and Mavin records boss, Don Jazzy, pulled some dirty New Year beef on each other at the Headies Award night.

What got many wondering was barely 48hours into the viral beef which circulated the internet, the duo were seen together after they had agreed on allowing peace to reign.

Many had wondered how it was possible that they suddenly forgave each other and a picture emerged showing the two singers shake hands. Though in part of several tweets made by Olamide, he had warned Don Jazzy not to come to the mainland and fans wondered where they met each other to have the peace talk.

While news emanated some days back that the peace meeting was facilitated by Nigeria’s business mogul, Aliko Dangote, many were still in doubt but pictures have surfaced online to show that the billionaire businessman was truly the brain behind the peace talk.

So since Olamide had warned Don Jazzy not to step his feet on the mainland, Olamide had no choice but to go over to the Island to meet Dangote and Don Jazzy for the peace talk.

Kylie Jenner poses in a sheer top revealing black bra in a sultry new photoshoot

The 18year old reality tv star looked stunning as she showcased her amazing body in a photoshoot in celebration of being named the latest brand ambassador for skin care and beauty line Nip + Fab. More photos after the cut.

2016 budget reportedly goes missing at National Assembly

According to a report by Daily Trust, the 2016 budget proposal submitted to the National Assembly by President Buhari on December 22nd is missing. The disappearance of the budget document was announced by Senator Ali Ndume during a closed door session that lasted 90 minutes today January 12th. This comes amid rumors that the budget was withdrawn from the Legislature by the Presidency. The Senators were supposed to commence the consideration of the N6.08tr budget today. 

Pics: Ciara wears sexy see-through dress as she performed at the College Football Playoff National Championship Game

The 30-year-old singer performed the National Anthem in this beautiful see-through outfit at the College Football Playoff National Championship between the Clemson Tigers and the Alabama Crimson Tide in Glendale, Arizona, last night. More pics and video of her performance after the cut.

 Video below...

Ciara comes in at the 10:20 mark

Billionaire businessman Okwudili Umeyiora & wife step out in style

The billionaire car merchant and his stunning wife Fifi stepped out looking stylish for a wedding in Lagos over the weekend.More photos after the cut...

Photo credit: Fifi and Dave Sucre's Instagram  page.

Bayelsa election: We have a lot of reservations- APC National chair says

APC National Chairman John Odigie-Oyegun has expressed his reservations on the governorship election in Bayelsa state which was concluded on Saturday January 9th. Speaking after a meeting with President Buhari at the villa yesterday January 11th, Oyegun said the party was saddened at the level of bloodbath witnessed during the election.

"The Bayelsa election has come and gone. We have very deep regrets that there was so much blood that was spilt in the process. We have a lot of reservations, some of which our candidate has very eloquently expressed.”he said

He also spoke on the current fight against corruption by the current administration

"The APC is not in any way apologetic. We promised change and there is a lot of rot in the system. This must be cleansed and whoever and whatever ox is being gored, where ever the tree is going to fall, so, let it be. We must get use to the fact that in the process of cleansing this nation, there is going to be a lot of bullets to bite. The APC has not been in office at national level for the last 10 to 16 years. So, the issue of whether somebody is PDP or not PDP does not arise. We have a nation to cleanse. The president has committed himself to that and that and we should fight it whatever way it comes. We are not being apologetic about that at all. It has nothing to do with witch-hunting. It just happens that the dramatis personae of the period all happened to be on one side of the political divide.”he said

"The rate of defection from PDP to APC is shameful"-Abike Dabiri

Abike Dabiri has described the mass defection of members of the PDP to APC as shameful. The former lawmaker who represented Ikorodu Federal Constituency made her view known in a series of tweets on Monday, January 11. More after the cut...

As shared by the singer/nudist on instagram today. More when you continue...

Iranian goalkeeper arrested for posting 'Indecent' photos of himself with women..despite claiming he was hacked

The Goalkeeper for Iranian team, Persepolis and member of Iranian national team, Sosha Makani, was arrested for posting indecent photos of himself with women not veiled in Islamic hijab. In the photos, some women appeared to be dancing with him and some looked like they were posing as fans.

According to the Iranian cyber law, posting indecent photos online is a crime that is punishable by law.

In the effort for the Iranian government to control the public and private lives of its citizens, it prohibits mingling with the opposite sex and unrelated couples. The law regarding Internet crimes in Iran says if someone directly posts indecent photos of himself or others online, then a crime has been committed. Those who are caught posting indecent photos face legal action. Also, any person who posts or publishes pictures of others on the Internet without their permission, in such a way that causes them harm or disrepute, will be punishable from 91 days to two years in prison or fined from five million rials (about $168) to 40 million rials (about $1340) or both.

Makani has since denied posting these pictures, claiming that his social media accounts were hacked, and somehow the hacker managed to acquire the photos and shared them. He faces up to 2-years in jail if found guilty.

Makani’s lawyer, Behnam Ali-Mohammadi, said that the presiding Judge, Judge Hosseinzadeh has asked the Iranian Cyber Police (FATA) to investigate the case.

Below are the 'Indecent' photos that led to his arrest...

Photos: Buhari holds meeting with APC National Working Committee

Pres. Buhari held a closed door meeting with members of the APC's National Working Committee at the state house yesterday night. Details of the meeting was not made known to newsmen as both the presidency nor the party members spoke to state house correspondents. Continue to see more photos from the meeting after the cut..

See what Davido shared on his snapchat...lol

He shared a photo of money in his pocket and condom, saying "who's it gon be tonight"! Happy to see a condom there...lol  

Kiss Daniel involved in auto crash

The singer was involved in a car crash last night while apparently using his phone. Thank God he's fine. 

Army chief who exposed election rigging in Ekiti and Osun state now Army's Dir of Intelligence

According to Sahara Reporters, the Army Chief who exposed the Ekiti & Osun state election rigging, Capt Sagir Koli is now the new Army Director of Intelligence. 

Shehu Sani's suspension invalid- APC national body says

The leadership of the APC says the suspension of Senator Shehu Sani from Tudun Wada ward of the All Progressives Congress in Kaduna state is invalid and not binding. The APC members in the ward had in December last year, suspended Sani over allegations of him working against the state governor, Nasir El Rufai.

Speaking to newsmen at the Northwest Zonal meeting of the party yesterday January 11th, the vice chairman of the party and zonal chairman North West, Alhaji Inuwa Abdulkadir said the ward chairman had written to the national body distancing himself from the reported suspension

“We wish to state here that the purported suspension is invalid and not binding and is of no effect, the right procedure was not followed, and the national body is in receipt of a letter from the ward chairman dissociating himself from the suspension and giving an insight into the matter.”he said

CBN stops payment of forex to Bureau De Change operators

Below is the press statement from Central Bank of Nigeria on Foreign Exchange deposits in commercial banks and sales to Bureau De Change by Governor of Central Bank, Godwin Emefiele.

1. Good afternoon ladies and gentlemen and welcome to the Central Bank of Nigeria (CBN). The Management of the Bank has called this Press Conference to give you updates on recent developments in our Foreign Exchange Market as well as the decisions we have taken to ensure that we continue to strive to attain our mandates as set out in the CBN Act of 2 007. In order to do so, let me first give you a brief overview of both the global and domestic contexts. 2. As we all know by now, Nigeria has been dealing with the effects of three serious and simultaneous global shocks, which began around the third qua rter of 2014. These include: 2  The over 7 0 percent drop in the price of crude oil, which contributes the largest share of our Foreign Exchange Reserves;  Geopolitical tensions along critical trading routes in the world including between Russia and Western Pow ers, Saudi Arabia and Iran, etc; and  Normalization of Monetary Policy by the United States’ Federal Reserve Bank . 3. In the aftermath of these shocks, growth in the global economy in the first two quarters of 2015 was less than envisaged thereby leading to a weak outlook for the rest of the year. Indeed, estimates of global growth for 2015 have been revised from almost 4 percent to 3.1 percent. T he challenges of the se global developments are having lopsided effec ts in many emerging and d eveloping countrie s. Within this context, and especially when juxtaposed with comparable countries, the Nigerian economy remains moderately robust. Nonetheless, the se strong global headwinds are impacting the domestic 3 economy considerably. In 2015, GDP growth decelerated fr om 3.9 percent in the first qu arter to 2.4 percent in the second quarter. However , it has increased slight ly to 2.8 percent in the third quarter. 4. Al though headline inflation remained single digit, it stayed slightly above the Bank’s tole rance range of 6 — 9 percent, having r i se n marginally from 9.3 percent in October to 9.4 percent in November 2015 . A breakdown of the inflation dynamics indicates that the underlying pressure derives largely from the lingering base effects of unfavourable energy prices and exchange rate pass - through, which may have been exacerbated by delayed harvests. 5. Following the drop in crude prices from a peak of US114 barr el in July 2014 to as low as US$ 3 3 /barrel in January 2016 , the country’s reserves has suffered great pres sure from speculative attacks, round tripping and front loading activities by actors in the FX market . This fall in oil prices also implies that the CBN’s monthly foreign 4 earnings has fallen from as high as US$3.2 billion to cu rrent levels of as low as US$ 1 billion . Yet, the demand for foreign exchange by mostly domestic importers has risen significantly . For example, the last we had oil prices at about US$50 per barrel for an extended period of time was in 2005 . At that time , our average import bill was N 1 48.3 billion per month. In stark contrast, our average import bill for the first nine months of 2015 is N917.6 billion per month , even though oil prices are now less than US$35 per barrel . The net effect of these combined forces unfortunately is the deplet ion of our foreign exchange reserves . As of June 2014, the stock of Foreign Exchange Reserves stood at about US$37.3 billion but has declined to around US$28.0 billion as of today. 6. To avoid further depletion in the reserves , the CBN took a number of countervailing actions including the prioritization of the most critical needs for foreign exchange. In this regard, and in order of priority, we decided to provide the available but highly limited foreign exchange to meet the following needs: 5  Matured Lett ers of Credit from Commercial Banks  Importation of Petroleum Products  Importation of critical Raw Materials, Plants, and Equipment, and  Payments for School Fees, BTA, PTA, and related expenses 7. In total disregard of the difficulties that the Bank is fa cing in meeting its mandate of “maintaining the country’s foreign exchange reserves to safeguard the value of the Naira”, we have continued to observe that stakeholders in some of the subsectors have not been helpful in this direction. In particular, we ha ve noted with grave concern that Bureau de Change (BDC) operators have abandoned the original objective of their establishment, which was to serve retail end users who need US$5,000 or less. Instead, they have become wholesale dealers in foreign exchange t o the tune of millions of dollars per transaction. Thereafter, they use fake documentations like passport 6 numbers, BVNs, boarding passes, and flight tickets to render weekly returns to the CBN. 8. Despite the fact that Nigeria is the only country in the world where the Central Bank sells dollars directly to BDCs, operators in this segment have not reciprocated the Bank’s gesture to help maintain stability in the market. Whereas the Bank has continued to sell US Dollars at about N197 per dollar to these op erators, they have in turned become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar. Given this rent - seeking behaviour, it is not surprising that since the CBN began to sell foreign exchange to BDCs, the number of operators have risen from a mere 74 in 2005 to 2,786 BDCs t oday. In addition, the CBN receives close to 150 new applications for BDC licenses every month. 9. Rather than help to achieve the laudable objectives for which they were licensed, the Bank has noted the following unintended outcomes: 7  Avalanche of rent - seeking operators only interested in widening margins and profits from the foreign exchange market, regardless of prevailing official and interbank rates;  Potential financing of unauthorized tr ansactions with foreign exchange procured from the CBN;  Gradual dollarization of the Nigerian economy with attendant adverse consequences on the conduct of monetary policy and subtle subversion of cashless policy initiative; and  Prevailing ownership of sev eral BDCs by the same promoters in order to illegally buy foreign currencies multiple times from the CBN. 10. More disturbing, though, is the financial burden being placed on the Bank and our limited foreign exchange . The CBN sells US$60,000 to each BDC per week. This amount translates to US$167 million per week, and about US$8.6 billion per year. In order to curtail this reserve 8 depletion, we have reduced the amount of weekly sales to US$10,000 per BDC, which translates into US$28.4 million depletion of the foreign reserve per week and US$1.476 billion per annum. This is a huge hemorrhage on our scarce foreign exchange reserves, and cannot continue especially because we are also concerned that BDCs have become a conduit for illicit trade and f inancial flo ws . 11. In view of the above, the Management of the Central Bank of Nigeria has reached the following decision, which take immediate effect: a) The Bank would henceforth discontinue its sales of foreign exchange to BDCs. Operators in this segment of the ma rket would now need to source their foreign exchange from autonomous source. They must however note that the CBN would deploy more resources to monitoring these sources to ensure that no operator is in violation of our anti - money laundering laws; 9 b) The Bank would now permit commercial banks in the country begin accepting cash deposits of foreign exchange from their customers. 12. In closing, let me note very importantly that these measures are not intended to be punitive on anyone or any group. Rather it is meant to ensure that the CBN is better able to carry out its mandate in an effective and efficient manner, which guarantees preservation of our scarce commonwealth, and that our hard - earned financial system stability remain intact to the benefit of all Ni gerians. Thank you and let me take questions. 

WTF? Chinese company creates lifelike black 'sex doll' that men can use instead of real women

No, it's not this one, this is a real woman. A pervert in China is trying to stop...or let me say reduce the need for a woman. They just created a lifelike sex doll, with a huge butt and big vagina that men can use to satisfy themselves if they can't find a woman or just don't want woman trouble. See it here

Ben Murray Bruce calls on Buhari to congratulate Dickson over his reelection as Bayelsa gov

Senator Ben Murray Bruce has called on President Buhari to congratulate the Bayelsa state governor, Seraike Dickson (PDP) on his re-election as the governor of Bayelsa state. 

Beyonce and Jay Z spotted out and about in LA last night

Dope couple...but isn't it freezing in LA right now? 

Alleged thief caught and tied up in Abuja this morning (photos)

This alleged thief was caught burgling an office in Abuja last night. The man and his group had allegedly attacked the office several times to steal laptops and some valuable office equipment, which had led to some staff being sacked for carelessness. Fortunately, he was caught this time by office staff, who kept him with them till this morning and handed him to the police. They said the painful part was that this guy claimed to be a graduate and he spoke very good English. Sad!

Pics: Unilag buys new mattresses, fumigates hostels after students' protest against bed bug infestation

The management of the University of Lagos have yielded to the demands of the students of the school who last year staged a protest over the infestation of Bed bug in their hostels. Yesterday the school management brought in new mattresses and also called in fumigators to fumigate the hostels.