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Showing posts from October 5, 2015

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

SHELL NIGERIA TO START UP PRODUCTION,FROM BONGA PHASE 3.

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                  This was contained in a statement issued and signed by Mr Precious Okolobo,the Corporate Media Relations Manager today monday.The statement quoted Mr Andrew Brown,Shell's Upstream International Director,as saying ''This new start up is another important milestone for Bonga,adding valuable new production to this major facility''.Brown said that Bonga Phase 3 is an expansion of the Bonga Main development,with peak production expected to be some 50,000 barrels of oil equivalent.He said that this would be transported through existing pipelines to the Bonga floating production storage and offloading {FPSO} facility.Brown said that the FPSO had the capacity to produce more than 200,000 barrels of oil and 150 million standard cubic feet of gas a day.According to the statement,the Bonga field,which began producing oil and gas in 2005,was Nigeria's first deep water development in depths of more than 1,000 metres.Bonga has produced over 600 million barre

ACTRESS GENEVIEVE,SHOWS OFF HER CROSS WEIRD NAILS DESIGN.YOU LIKE?.

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                        Nollywood actress Genevieve,shows of her religious crazy nails on facebook about 16 minutes ago.Like seriously,people are beginning to go crazy about weird nails design.My concern is the horrible cross nails she is showing off and some people will think is cute.What happened to the elegant nails people do paint back in the days?.The site of these nails like seriously,is horrible.What do you think?.More photos below.                                                                                                                                                           

ANOTHER ISLAMIST GROUP APART FROM BOKO HARAM,IS CLAIMING THEY WERE BEHIND ABUJA FRIDAY BOMB BLAST.

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                   It was reported today monday by Reuters that some Islamist militants yesterday sunday via twitter said they were behind the suicide bombings near the Nigerian capital Abuja which killed at least 15 people.According to the statement,they said they had conducted the suicide bombings.The authenticity of the statement,which did not mention Boko Haram and was issued under the name Islamic state West Africa,could not be verified.Are they trying to tell we Nigerians that we are battling with two Islamist group,not one?.One more photo below.                                                                                                                                                                                                                                                                                                 

F.G CONFIRMS TODAY THAT DIEZANI WAS ARRESTED IN LONDON.

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                          It was confirmed monday today by the Federal Government that former oil Minister Diezani Alison Madueke was indeed arrested in London on suspicion of bribery and money laundering.Presidential spokesman Garba Shehu said ''Nigeria is aware of the arrest of the former petroleum minister in London on money laundering charges.The government has been informed and the DSS {Department of State Services} is collaborating with the relevant security agencies in the UK to handle the ''.

197 NIGERIANS WHO WERE DISPLACED IN CENTRAL AFRICAN REPUBLIC,RECEIVED BY NEMA OVER THE WEEKEND

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                    Over the weekend,NEMA {National Emergency Management Agency} received 197 Nigerians that were displaced by the crises in Central African Republic who have been taking refuge in the Republic of Cameroon under the International Organization for Migration {IOM}.Director General of NEMA Muhammad Sani Sidi who received the returnees in Sahuda border post near Mubi in Adamawa state said about two years agofollowing the escalation of the crises in the Central African Republic,the Federal Government through NEMA had evacuated its citizens through the airport,these could not be reached because they had crossed over to the Republic of Cameroon.He said under international charter which Nigeria was signatory,the Nigerians were free to decide when to return back home especially given the cover of the International Organization which had opened camps for them in that country.According to him,as IOM was closing the camps they informed the Nigerian government of the development by