EFCC TO ARREST FANI KAYODE.

Reports from a Punch news source have exclusively revealed that the
Economic and Financial Crimes Commission has plans to arraign former
aviation minister Chief Femi Fani-Kayode for an alleged 1.5bn naira
fraud. Also in the list of people to be arrested on wednesday 15th
June, 2016 are: a former Minister of Finance- Senator Nenadi Usman, a
firm- Joint Trust Dimensions Limited; and one Jimoh Yusuf for an
alleged 1.5bn fraud.

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LADIES, YOU WON'T DIE IF YOU DON'T DATE A GUY WHO HAS A CAR! -Ghanian Actress.
A Ghanian actress named princess Shyngle has an advice to give to
ladies who think not having a good dose of material stuff under the
their hood idealy doesn't make life worth living. In an instagram post
on monday, she expressed concerns about girls who go about milking so
many guys dry. Or who think that by whatever means, they must strive
to belong. Read her post below:

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NIGER DELTA AVENGERS GIVE CONDITIONS FOR DIALOGUE.

The Niger Delta Avengers, a military group in the Niger Delta
that has been responsible for the attacks on oil facilities and
pipelines, recently indicated their readiness to dialogue with the
President. In a statement posted on their official website

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RETIRED ARMY OFFICER HANGS HIMSELF.

A retired officer of the Nigerian army has reportedly committed
suicide for reasons yet unknown. Captain Friday William tied a rope on
a mango tree outside his apartment and hung himself on it.
One of his neighbours who spoke up said they were shocked when
they woke up in the morning and found the Captain's body dangling from
the mango tree.
It was also discovered that before he hung himself, he had sent a
text message to his first son at about 10pm that night. Probably a few
minutes before tying the rope. He sent a text message to his son
consoling him about his father's death and also instructing him to
take good care of his siblings.
A few of his neighbours wondered why he did it as they felt he
was doing well, had three cars, an apartment house, and a good home
with children. He had made good money from his retirement benefits
years ago.
His son did not get his text message until the following morning
when he was called and given the tragic news.

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"I AND FLAVOUR ARE NO MORE TOGETHER"- BABY MAMA

Former beauty queen, Anna Ebiere Banner has revealed that she
is no longer in any relationship with the father of her baby- Nigerian
highlife singer Flavour N'abania.
She revealed in an interview with blogger- Stella Dimokorkus
that she had decided to drop everything she had with and for the
singer and concentrate on her future and her career.
Anna and Flavour welcomed their daughter in August 2015, and
the 2013 Miss Nigeria beauty queen said she fell all through in love
with Flavour and never had any dreams of becoming a baby mama or even
becoming pregnant. She also talked about the fears she felt as a young
girl when she discovered she was pregnant.
"I was afraid but I wanted to keep it, I was afraid of an abortion.
I don't regret my decision, I fall in love with my baby every day".
Anna said she had spoken to her friends about her decision to leave
the singer. Recently Flavour denied being in a relationship with
Chidinma(another Nigerian singer). Described by many as a chronic
womaniser, Flavour once said that it was difficult to maintain a good
marriage as a successful musician. He also has a daughter from a
second baby mama.

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NWAKALI SIGNS FOR ARSENAL.

Young Nigerian starlet Chinedu Nwakali will be going to England
later this month to complete the signing of his Arsenal contract. This
was revealed by the Diamond Football Academy, Umuahia. Diamond is one
of the two football academies that own a share in Nwakali's football
rights. The other is ASJ.
The president of the academy, Mr.Akpugo said that Nwakali had to
come back home for the U20 team schedule, but will be returning to
London later in June to finalise a deal with the EPL club.
He also added that the most valuable player of 2015 FIFA U-17
world cup had agreed a five year deal with his soon-to-be employers.
Chinedu Nwakali 18, converted a wonderful free kick in the U-20
match against Burundi on saturday. He has been linked to Chelsea, Real
Madrid and Manchester City in the past.

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BANKS MOVE TO TO REDUCE WITHDRAWAL LIMIT TO N10,000.

CBN GOVERNOR: Godwin Emefiele


Banks in the federation put forward a proposal to the CBN to
limit customer's over-the-counter withdrawal to N10,000. The proposal
was sent to the Central Bank of Nigeria by the committee for payment
systems and infrastructure last week. This proposal is as a result of
the decline in deposit received by the bank over a period of two
years.
But a report from the CBN deputy governor on Economic policy,
Dr.Alade Sarah attributed the reduction in deposit to the introduction
of the Treasury Single Account system(TSA).
She also added that the decline was also as a result of the decline
in interest and non interest income to the banks which had declined
substantially. Not just interest but also GDP, Gross profit,Gross
credit and industry asset values have also reduced. All these decrease
were largely due to TSA.

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