• Senate vows to reject FG’s proposed forex punishment

    Senate vows to reject FG’s proposed forex punishment

    Senate has vowed to oppose a recommendation by the Nigerian Law Reform Commission (NLRC) to jail, for two years, hoarders of foreign currency, especially American dollars.

    The Federal Government is seeking a review of the Nigerian Foreign Exchange Act, to empower the Central Bank of Nigeria (CBN) to jail people for up to two years  or fine them 20 per cent of the amount of foreign currency held in their possession for more than 30 days.

    A draft was published on NLRC’s […]

  • Proposed $30bn external loans not solution to forex supply crisis, says MAN

    Proposed $30bn external loans not solution to forex supply crisis, says MAN

    According to reports, the plan by the Federal Government to borrow $30 billion external loans to tackle the country’s infrastructural needs will not address the supply gap in the foreign exchange market currently hurting private sector operators.

    Chairman, Apapa branch of Manufacturers Association of Nigeria, MAN, Mr. Babatunde Odunayo, who disclosed this at the association’s 45th Annual General Meeting, AGM, in Lagos, said infrastructure and project-tied loans served a different purpose and benefit only lender countries.

    He said government should, instead, negotiate […]

  • Proposed Development Bank takes off in January, says Adeosun

    Proposed Development Bank takes off in January, says Adeosun

    Development Bank, planned to provide funding for existing and start up Small and Medium Enterprises (SMEs), will commence operation in January 2017 with a capital of $1.3 billion, the Minister of Finance, Mrs. Kemi Adeosun has disclosed.

    Adeosun, who described the sector as a “very critical sector” stated that it accounts for 50 per cent of the nation’s Gross Domestic Product (GDP), adding that investing in the sector will catalyse more “activities in the economy.”

    The minister stated this in Lagos yesterday […]

  • Stakeholders divided over proposed scrapping of JAMB cut-off points

    Stakeholders divided over proposed scrapping of JAMB cut-off points

    It was gathered that the recent call by the Joint Admissions and Matriculation Board (JAMB) for the scrapping of unified cut off point, thus giving individual institutions of higher learning the freedom to decide their cut-off points has generated serious debate amongst stakeholders in the education sector.

    Though the decision is still at the level of consultation, following Dr. Fabian Benjamin’s call, Head, Public Relations, JAMB, for a public debate on the issue, interested parties have began to bare their minds […]

  • See How Kenyan Lesbian Rapper Openly Proposed to Her Girlfriend (Photos)

    See How Kenyan Lesbian Rapper Openly Proposed to Her Girlfriend (Photos)

    A Kenyan lesbian rapper has left many people in shock as she openly proposed to her girlfriend in an elaborate event.

    Although the homosexuality is considered a taboo in Kenya, a popular rapper in the country defied the odds to propose to her girlfriend. The female rapper, Grammo Suspect has left many of her country men guessing as she popped the question in an elaborate ceremony.

    According to reports, Grammo Suspect publicly proposed to the girlfriend recently and has […]

  • Nigerian Man Who Proposed to White Girlfriend on Olumo Rock Shares Their Romantic Love Story (Photo)

    Nigerian Man Who Proposed to White Girlfriend on Olumo Rock Shares Their Romantic Love Story (Photo)

    This wonderful love story of how a Nigerian man who proposed to his white girlfriend at Olumo Rock in Abeokuta fell in love will make you smile.

    The love story of a Nigerian man who caught our attention after proposing to his white girlfriend on top of Olumo Rock, Abeokuta, Ogun state is finally out. Everyone was delighted after the incident, but no one knew the true story behind the wonderful act.

    The couple. Shila Tietjen and Ola Egunjobi are students of […]

  • The Romantic Moment a Nigerian Man Proposed to His Girlfriend with a Brand New Car (Photos/Video)

    The Romantic Moment a Nigerian Man Proposed to His Girlfriend with a Brand New Car (Photos/Video)

    Anybody who tells you that Nigerian men aren’t romantic, just show them this post and several others like this. A sweet and romantic proposal by a man and his lover is currently buzzing all over the internet.

    The video clip of the marriage proposal by a Nigerian man to his lady love identified as Seno Usoro is currently making rounds online and has already gone viral on social media

    The casually dressed lady who was captured on camera and wasn’t even wearing […]

  • How a Kenyan Man Proposed to His Girlfriend Has Got Everyone Talking (Photos+Video)

    How a Kenyan Man Proposed to His Girlfriend Has Got Everyone Talking (Photos+Video)

    A Kenyan man has left the world stunned after the sweet and endearing way he proposed to his girlfriend went viral.

    A Kenyan man has left everybody stunned after taking an unusual step to propose to his girlfriend. The well cordinated proposal has since gone viral due to it being regarded as one of the most brilliant proposals ever witnessed in the country.

    Geoffrey Gitaka, popularly known as GG with the help of his biker friends staged a proposal to his girlfriend, […]

  • The Crazy way This Nigerian Man Proposed to His Girlfriend Will Leave You in Shock (Photo)

    The Crazy way This Nigerian Man Proposed to His Girlfriend Will Leave You in Shock (Photo)

    The unbelievable way this man proposed to the girlfriend has left people totally in shock and agony.

    A man has left many people shocked after he revealed the unbelievable way he proposed to his girlfriend and she accepted.

    The man identified as YomaVictor wrote: “Took bae to 27th floor of the Burj Al Arab for dinner, then asked her to marry me or I push her down..SHE SAID

  • See How Woman Proposed to Her Boyfriend in Public by Giving Him Expensive Motorbike and Apartment (Photos)

    See How Woman Proposed to Her Boyfriend in Public by Giving Him Expensive Motorbike and Apartment (Photos)

    A love-struck woman has left her boyfriend blushing after she proposed to him with an expensive power bike and apartment.

    A Chinese woman in love has shocked his boyfriend by proposing to him in public with an expensive bike and offering him a new motorbike and joint ownership of an apartment.

    According to reports, the woman was seen inside a shopping centre in Chengdu, south-west China on the evening of the 24th August wearing a wedding dress and riding […]

  • See the Surprising and Romantic Way This Nigerian Man Proposed to His Girl (Photos)

    See the Surprising and Romantic Way This Nigerian Man Proposed to His Girl (Photos)

    A Nigerian lawyer has shocked his girlfriend with a marriage proposal in a planned party setting.

    This young barrister took his woman to a supposed small party, only for her to open one of the chafing dishes to see her man’s marriage proposal written on a paper with her picture on it and an engagement ring in a small red