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Found 9 results

  1. Twitter user, @tashidahbakward is currently trending on the social media platform. She had declared she will supply milk to anyone who gives her money. The Nigerian lady shared a suggestive picture of herself with the above message as the caption.
  2. A Lady on IG has raised alarm about a man who bought stuff from her Mother’s Supermarket with fake 95k. According to her they never realized it was fake money till he left. Apparently, he also did same to a nearby shop. See her post below!
  3. Why It’s More Rewarding To Use Your Money To Buy Liquor In Quilox – Daddy Freeze Writing on his instagram page, the popular Cool fm OAP Daddy Freeze launched another assault on GOs who receive huge tithes with nothing to show for it by their members. “There was an accident along the Lagos Ibadan expressway and my good friend from the same hood as I, SHINA was passing by. Not only did he stop to help, he siphoned fuel with his mouth because the ambulance on the scene did not have enough fuel. He also gave one of his vehicles to take the injured to the hospital. How many of your fake ass Daddy GOs would do this? How many of them would use those their dirty, lying ass mouths anointed by satan himself to draw fuel? How many will even stop? Many of the accidents along that road are caused by the traffic around the numerous satanic institutions set up where developed countries would have set up factories. When Jesus was alive he drank alcohol and was accused to be in the presence of sinners (possibly in Night Clubs) so enjoying a bottle of Champagne or Henny with coke and ice at quilox in responsibility and moderation is actually Christ like.” he said.
  4. An alleged internet fraudster who was desperate to make money has reportedly used his sister’s son for money ritual. A Yahoo Boy (internet fraudster) who allegedly used his nephew for money rituals has been arrested by security agents. The man identified as Tunde Owolabi aka Money Talks reportedly used his elder sister’s 7-year-old son for a ritual. The sad incident happened in Ikoyi, Lagos state. He confessed after he had taken shocked security operatives to the place where he buried the boy. He was forced to exhume the dead body following the shocking incident. He is now in police custody. Watch video below:
  5. Atiku Abubakar former Vice President stated in an event in Lagos on Friday that the “snake of corruption” swallowing money in government agencies and ministries will kill Nigeria if it is not killed. Atiku stated this while receiving the Man of the Year Award. He advised the federal government to crusade against corruption instead of engaging in media warfare or propaganda. “We must try to identify why, though we have been ostensibly fighting corruption for the past few years, Transparency International, the official global anti-corruption monitoring agency, has not increased our Corruption Perception Index rating, “Not to belabour the point, but we have to kill the snake of corruption that swallows the commonwealth that should lift our people up from poverty. Whether that snake is in a JAMB office or any other government office, we must kill it or it will kill us “This month of February 2018, according to the World Poverty Clock, Nigeria has just overtaken India as the world’s capital of extreme poverty. There are more extremely poor people in Nigeria than there are in India, a country that has six times Nigeria’s population. “When people do not have jobs and the means to start a business are beyond their reach, they are incrementally much more likely to engage in criminal behaviours like terrorism, kidnapping, militancy and armed robbery”. Atiku has shown interest in contesting for the presidency in 2019 through Peoples Democratic Party (PDP), he has also been subjected to corrupt investigations in and outside of Nigeria. Source – Herald
  6. Tolani Otedola, the first daughter of billionaire Femi Otedola, who learned the rudiments of music in England and has completed her education, has decided to take her music to the next level in Nigeria. In a recent interview, she somewhat accepted that she takes advantage of her father's name but she is trying to work hard and hopes that her music speaks for her. In the chat with GoldMyneTV, she said, "If you want to be good at anything, you have to learn it in school or somewhere. I have been preparing myself for the music industry. At a time, I was working, I was in the university and I was studying music too. I had to learn how to play instruments and how to write music." According to her, she will never take it personally if anyone who attributes her success to her father's fame. "If you tell me I am taking advantage of my father's fame, I will not argue with you. I have already accepted that people will form their own opinions about me and I don't intend to fight it. I will try to work hard and hope that my music speaks for me. "It's a mistake for people to think that since we were born into a wealthy home, we don't need to work for anything. My father takes care of us, but his money is not ours. Parents like to support their children, but I don't think they want us to depend on them forever. One day, my parents will not be around again and I will need to take care of myself." Inset: L-R: Femi Otedola, Tolani and Dangote By the way, Billionaire CEO of Forte Oil, Femi Otedola, is blessed with four children, three daughters, and a son. It notable to know that his three daughters possess interests in entertainment. Florence is DJ Cuppy, Temi is a fashion entrepreneur and Tolani, is a singer.
  7. The Oyo State Police Command on February 8th paraded four suspects, who were nabbed with human parts in the Ayegun area of Ibadan. The suspects include an Islamic cleric, (Alfa) Sulaiman Hamed, 35, Tope Akinyele, 45, who claimed to be the pastor of a church in Ojagbo, in the Oranyan area of Ibadan and two other accomplices, Olapade Saheed, 32, and Olatunji Abiodun, 26. While briefing newsmen at the Command headquarters, the state Commissioner of Police, Abiodun Odude, stated that the Alfa, participated in the Fidau prayers for a dead man but later paid Saheed and Abiodun N2,500, to exhume the corpse because he needed the body parts for making money charm for his clients. Saheed and Abiodun were later caught with the deceased's head and other body parts, leading to the arrest of Hamed and Akinyele. Saheed admitted that the Alfa paid them N1,500 to do the job and that he took them to the grave of the deceased.
  8. How Do Banks Make Money ?

    What if you are surprised by your little ones at home with the question ‘how do banks make money?’ What would be your answer? One fact is certain, banks are after all businesses and as businesses go, they have expenses to cover and need funds for their effective functioning. This rules out the idea of banks not making money away. The first thing you need to know is that the bank is like a shop that buys and sells money in various forms like loans, deposits, certificates of deposit and many other types of financial products. The bank’s fundamental business is borrowing and lending money and they earn from the interest that they derive from independent customers. The interest at which they lend money is always higher than what they borrow money at. This difference in interest rate is the main profit earned by commercial banks. The money they lend out are essentially from other customers who deposit theirs in banks as longterm saves. This means that the rate of interest that a bank charges is entirely dependent on the demand and supply for a particular amount, the number of people who are ready to borrow the amount and the exact amount that the bank can spare as loan. Banks also charge customers a certain amount as charges or fees for taking care of the bank accounts of individual customers. Other charges levied by the bank like charges levied for overdraft facilities or cheque facilities and the likes also add to their income. Upcoming companies often seek the advice from established financial institutions like investment banks for effective execution of their plans. The bank provides crucial advice in terms of what rate the issue should be priced, the total number of shares issued, conducts the due diligence of the interested company and many such associated services. And of course, all of this is for a price, this is the advisory fee that the bank charges in return for its services and the time it spends to finalize the deal for the specific company. Banks, especially the investment banks are active traders in the equity, forex and commodity markets. Banks with people's funds invest in various securities trading as well as open positions in the debt market as well. It is easy to see that some individuals are scared to keep their precious jewellery, important documents at home. They are nervous of theft, and the bank comes to the aid of all such customers. They have vaults of various sizes and dimension to suit the needs of many different types of customers who require these vault services. The bank charges annual fees for the maintenance, upkeep and also monthly rental in return for these services. While customers are happy that their precious documents and jewelry are in safe hands, the banks use this opportunity to maximise it's profit base. Also, when an individual or a company defaults on a specific loan, the bank impounds on the collateral that was given in exchange of the loan amount and puts it up for sale. These are wide range of products ranging from houses, cars and other personal belongings including jewellery. Auctioning these properties is an easy way for the bank to recover the defaulted loan amount as well as let go of the collateral that it had taken over. There are many other services that a bank caters to and levies charges on like teller services, checking statements and account balance, accessing the bank account from any ATM which might not belong to the parent bank and the like. In conclusion, as all businesses are, banks rakes in significant sum by meer numbers of customers. Banks certainly makes sure their business of trading money becomes a means of making money!
  9. Do you know the networth of Ray Hushpuppi this 2017? Keep reading to find out, and also to learn about his source of wealth! You may be surprised and even shocked! In the world of Nigerian celebrities, there are some select ones who live the bohemian way of life and spend a lot of money. But at the same time, no one really knows the real sources of their income. For example, singers make big money from concerts, radio rotations and CD sales. Actors receive royalties for filming. Famous athletes receive money for outstanding sporting achievements. They are all popular people and should remain in the public eye to maintain the interest of people. However, there are some individuals who spend huge sums on luxuries and at the same time constantly expose their wealth for the public to see; and where they get all the money they flaunt from remains absolutely unclear. One of the popular “dark horses” in Nigeria leading a luxurious lifestyle and constantly sharing photo reports on Instagram and other social networks, is Ray Hushpuppi. The real name of this young man is Raymond Igbalodely; he is also known as Aja 4 and Aja Puppi This guy achieved great wealth after moving to Malaysia. But what is the source of Hushpuppi’s wealth – super-profitable business, influential acquaintances or patrons? How did he get so much money? And why does he flaunt his luxurious life, causing admiration, envy and even censure? His numerous photos in private jets, with premium cars, at expensive boutiques of the most fashionable brands, in chic hotels and clubs impress a lot of people. His followers seem really interested in even the tiniest details about him like how many pairs of shoes he has, what kind of watches he wears and what cars are in his garage. They wonder the entire size of Hushpuppi’s net worth. But this guy is not that simple to figure out. He shows the world only a beautiful outer shell while the inside is reliably hidden from prying eyes. It is believed that his net worth is about 20 million US dollars. This is fabulous money; but only Raymond himself probably knows how much his net worth is. We can say for sure that a person living such a lavish life must own a fortune. Aja 4 has outpaced a lot of Nigerian celebrities. On the Internet, his financial capabilities are constantly compared with the incomes of Davido and other Nigerian stars e fuels such comparisons by showing off huge bills from nightclub. In addition, he shows photos of his purchases from the most expensive boutiques in Nigeria and abroad. With such a large quantity of clothes and footwear from leading world brands, Ray Hushpuppi could easily open a personal exhibition or auction of luxury items. He also has a strong love for the Gucci brand. This year, on his birthday, Raymond Igbalodely received a birthday cake with a personal congratulatory message from a Gucci store in Dubai as a VIP client; he did not waste time on sharing pictures of the cake on his social media page. According to rumors, Raymond has his own private jet, Rolls Royce, the newest Range Rover, a gold watch laced with diamonds, and many other attributes of a posh life. A few months ago, he put up a photo of him sleeping in the embrace of half a million US dollars. He also compared the photo with another one taken in 2010, where he was lying in bed with N1m. The huge difference shows how much his wealth has grown with time. Hushpuppi also likes to give advice to his less fortunate fans on Instagram on how to succeed and go from being an ordinary guy into a beautiful prince. This instagram star has over 650,000 subscribers who like his posts daily. It is evident that Raymond Igbalodely is either a very rich man or one who very skillfully creates the illusion of having great wealth. Whatever the case may be, the exact amount of his net worth, as well as sources of the income, may remain unknown for a very long time.

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Board startup date: November 26, 2017 14:51:27