CHECK OUT THE NEWEST AND FASTEST MONEY MAKING SCHEME (sowtoreap)

Have you ever wonder, how you can make your spare five thousand (#5,000) naira to hit up to five million (#5,000,000) within a short period of time; moving from Level 1 to level 9.

SowtoReap is a financial opportunity that will bring financial freedom to thousands of people who are striving to be better than their financial state. SowtoReap is not a High Yield Investment Program (HYIP) but a platform where people voluntarily give donations and receive donations.r. We urge you to read all instructions first below before you get started!

Visit the website and register on if you are ready and serious.

#NoTimeForPlay, it's a 10hrs system, option to delete Cyber Beggers!

https://www.sowtoreap.com.ng

Forex: Industries, aviation, others get N1bn allocation in December

The Central Bank of Nigeria (CBN) yesterday disclosed that it has given access to requests for foreign exchange valued at N1,00373,891.75 through the inter-bank window to enable respective industries procure industrial raw materials and machine spare-parts.

The apex bank said this was done in line with its determination to ensure seamless flow of activities in critical sectors of the Nigeria economy.

In the forex utilization figures published for the month of December, 2016, reveals that the industrial raw material group got the highest share of N483,075,669.82, approximating to 48.1 per cent.

Figures from the CBN report for the month December also showed that the petroleum and the aviation sectors received N372,116,111.79 and N123,666,001.06 or 37.1% and 12.2% respectively, while agriculture received N24,516,109.09 or 2.1%.

Commenting on the development, the Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, reiterated the commitment and resolve of the Bank to continue to ease the foreign exchange pressure of these critical sectors through forward sales under the new Flexible Exchange regime.

It will be recalled that the CBN in the month of September and October 2016, supported these critical sectors with $660million and $867million equivalent of forex to source industrial raw materials and spare-parts through the interbank Forex market.

Chinese wealth a big threat to premiership – Wenger

Arsenal manager Arsene Wenger has warned the Premier League not to underestimate the enormous spending power of Chinese football after the Asian country secured another high-profile signing on Friday.

Wenger joins Chelsea counterpart Antonio Conte in expressing concern that a growing number of players could be lured to the Far East by the riches on offer in the Chinese Super League.

The Frenchman raised the issue on the same day Chelsea midfielder Oscar was set to become the world’s highest-paid player, earning a reported $490 760 per week, after he agreed to join Shanghai SIPG in the 16-team competition.

“It’s (Oscar’s move) a surprise to me but when I was in Japan they had many Brazilian players like Leonardo, Jorginho and Dunga. The competition was well organised,” the former Nagoya Grampus manager Wenger told reporters on Friday.

Graziano Pelle, Ezequiel Lavezzi and Jackson Martinez are all recent arrivals in China, while Shanghai SIPG manager Andre Villas-Boas is also on a lucrative contract since replacing former England boss Sven Goran-Eriksson.

Additionally, Argentine striker Carlos Tevez is on the brink of a big-money move to Shanghai Shenhua, while influential Arsenal winger Alexis Sanchez has been linked with a transfer to Hebei China Fortune by the British media.

“At the moment, I think Oscar moves because he doesn’t play… China gives him that opportunity and they invest a lot of money to create a big force,” Wenger added. “It could become a problem in future for the Premier League.”

Check out the pencil drawings of this talented 7-year-old boy

his young boy was seen on the streets of Kampala, Uganda. According to the person who spotted the drawings and plans to visit the boy's family, he wrote:

"He doesn't go to school. His family can not afford to.  He sits and draws pictures. People pass, some kind enough to drop a few coins.  His mum collects the money and thanks them. I sat with them for bout 30mins and watched him draw. Fascinating. A gift I've always envied."

Court orders freezing of Ex-First Lady, Patience Jonathan’s multiple accounts

Justice Mojisola Olatoregun of a Federal High Court in Lagos has ordered the freezing of multiple accounts of former First Lady, Patience Jonathan, over allegations of receiving proceeds from fraud. One of the account domiciled with Skye Bank plc has a balance of $5,316.66...


According to Vanguard, the order comes sequel to a further affidavit in support of Ex-parte originating summons sworn to by Abdulahi Tukur, an operative of the Economic and Financial Crimes Commission (EFCC), and filed before the court by EFCC prosecutor, Rotimi Oyedepo requesting the court to urgently direct the managers of the bank accounts contained in the schedule filed with the summons (FHC/L/CS/1343/16) to, in the interim, forfeit the money in the accounts, to prevent further tampering with such.

Also affected by the order are five companies which are Finchley Top Homes Limited, Aribawa Aruera, Magel Resort Limited, AM -PM Global Network Limited Pansy Oil and Gas Limited. Finchley Top Homes Limited is alleged to have fraudulently open account number 1102001996 domiciled with Ecobank Plc and has a current balance of N226,376,700.23 and a fixed deposit with a balance of N1,099,511,484.88.

The company also fraudulently opened other accounts These are account 1771731336, domiciled with Skye Bank and with a current balance of N14,173,848.85; Fidelity Bank account 4011019539 with a current balance of N1,800,494,000; Stanbic Bank account 0016901361 with a current balance of N40,594,12.88; and Diamond Bank account 0019213687 with a current balance of N39,418,712.12.

Aribawa Aruera Reachout Foundation opened account number 1222014221 with Ecobank and has a closing balance of N479,893,431.01, while Magel Resort Limited accounts (4011019546/5250059782) with Fidelity Bank has a subsisting balance of N1,000,494,000. The company also operates two other accounts (1011744356) in Zenith Bank, which has a balance of N858,923,982, and 0024351590 with Diamond Bank and has a balance of N174,166,207.00. AM-PM Global Network Limited opened account number 0026718889 at Diamond Bank and has a balance of N7,213,303.50.

The account opened by Pansy Oil and Gas Limited at Fidelity Bank (4011019577) has a current balance of N1,809,666,494.68, while that at Diamond Bank (0026838491) has a balance of N55,930,024.50. Also affected is one Esther Oba. Esther Oba has a balance of $429,381.87 in her account while the companies collectively havea balances totaling N7,418,829,290.94 (seven billion four hundred and eighteen million eight hundred and twenty nine thousand two hundred and ninety naira ninety four kobo) in six commercial banks.

Esther Oba was found to have opened account number 0019213689 with Diamond Bank and has a current balance of $429,381.87. EFCC said it carried out analyses after receiving an intelligence report, which showed that the accounts ought to be investigated. As such, Mr. Tukur averred that it would serve the course of justice to grant the application for such.

Russian central bank loses $31 million in cyber attack

Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example of an increase of cyber attacks on financial institutions around the world.

Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles.

Sychyov was commenting on a central bank report released earlier in the day, that told about hackers breaking into accounts there by faking a client’s credentials. The bank provided few other details in its lengthy report.

Financial controllers around the world have recently urged banks to beef up cyber security in the wake of a string of high-profile heists on banks around the world.

Fears about attacks on banks have mounted since February when unknown cyber criminals stole $81 million in funds that Bangladesh’s central bank had on deposit at the New York Fed. Law enforcement agencies around the world are looking for the criminals who stole the money using fraudulent wire-transfer requests sent over the SWIFT bank messaging network.

Separately, Russia said on Friday that it had uncovered a plot by foreign spy agencies to sow chaos in the country’s banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust.

Man reportedly collapsed and died during fight with his brother

According to Abia Facts Newspaper, two brothers were fighting yesterday when one collapsed and died. The man wearing a red t-shirt was reportedly beating his brother, when he collapsed. He's pictured lying lifeless on the ground.