naira

D’Banj’s 1 Million Naira Jacket To Hennesy 2013 Finale – Cool Or Not?

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D’Banj showed off his swag in this uniquely
designed sequined two-piece jacket said to be worth
over a whooping one million naira!
He wore it the 2013 Hennessy Finale which took
place on Saturday 19th October 2013 at the Federal
Palace Hotel, Victoria Island, Lagos.
A lot of people are criticizing both the outfit and its price. What’s your take folks?

Blood Of GOLD: The Gold HTC One is a whopping 702,680 thousand Naira, limited edition plated in real gold + Photo

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If you fancy paying the cost of a used car or a
plot of land on a smartphone, the Gold HTC One may be
just your thing.
The device, which is made with REAL 18 carat
gold (the emphasis is HTC’s) is an ultra limited
edition created to celebrate the
18th anniversary of the MOBO awards,
dedicated to black music in the UK. Only five
units of the Gold HTC One have been
manufactured, and one of them will be
presented to the winner of the Best Newcomer
category at the MOBO awards ceremony on
October 19.
Provided you’d be able to secure a unit, the Gold
HTC will drain your bank account at a whopping
702,680 thousand naira ONLY. Don’t fret if you
can’t pay such a ridiculous amount though, just
paint your Tecno Phantom A+ with a gold
colour….ijs.

PHOTOS- D’Banj Storms The Nokia Lumia Party In 18k Gold Italian Leather Buscemi Shoes

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For the Soundcity Nokia Lumia party that held 2 nights ago in Lagos Civic Centre, D’Banj stepped out in grand style.
He wore Jon Buscemi’s luxury, high quality shoe which features a full grain Italian leather upper that comes equipped with 18K gold plated detailing on the ankle strap with a working lock and clochette.
The shoe will set you back over 700 dollars (about 120,000 Naira to be exact).

FG orders 53 gold-plated iPhones worth 662 Million Naira for Independence Day Anniversary

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Word going around is that the Federal Government (FG) of Nigeria has placed orders for 53 gold-plated customised iPhones from Gold and Co, a British luxury products company, for the celebration of the country’s 53rd Independence anniversary.
A Bristol-born businessman based in Dubai, Mr. Amjad Ali, told The Independent of the United
Kingdom on Wednesday that the Nigerian government had joined his growing list of clients, including royal families, governments and minted
customers across Russia, China and the Middle East.
The 42-year-old entrepreneur, who grew up in Glasgow, specifically said his company, Gold and Co, was working ahead to fulfil an order from the Nigerian government for 53 gold iPhones to mark the country’s 53rdyear of independence on October 1st.
“We will engrave them with the coat of arms, a shield and two horses,” he said, while referring to
the Nigerian orders.

Iyanya Scores $350,000 Endorsement Deal With Nigeria’s Zinox Computers

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Singer Iyanya seems to be on a roll, barely weeks after signing with MTN for 60 million naira, the Kukere crooner has just reportedly signed a deal with Zinox computers for $350,000. FACT: Zinox Computers Founded in 2001 by a team of ICT Technocrats led by Mr. Leo Stan Ekeh, is the pioneer manufacturer of Nigeria’s First Internationally Certified Branded Computers.
Iyanya himself, quite astonished at the way his bank account is growing, tweeted “Money dey this country sha…” (for the ‘broken/pidgin english’ anaemics, he said “there really is money in this country”) which I now reply to with a “DUH”…… BTW, Congrats.

Ice Prince’s son on the hood of his father’s newly acquired 40 million naira Bentley (Photo)

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Can’t seem to decide if its mere coincidence or the universe subtly telling me to do a post on nigerian celebrity kids. Bottom line however is that I just stumbled across this Photo of Ice Prince’s cute son Jamaal having fun on the hood of daddy’s new white Bentley GT Coupe rumoured to be worth 40 million naira (this includes cost of shipping it into Nigeria), shortly after re-watching the hour long E! Special ‘Blinging Up Baby’……ijs. Newaize, see the photo below.

I Did Not Expend 1.5 Billion Naira from State’s Treasury for my Son’s Wedding – Nasarawa Governor

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Umar Tanko Al-Makura, the governor of Nasarawa State, has denied speculations doing the rounds that he used over 1.5 billion naira from the state treasury for his son’s wedding
ceremony which took place in the United States about a week ago; Governor Al-Makura called them malicious and silly.
Sani Musa Mairiga, the senior special assistant of Governor Al-Makura, announced in a press statement where Governor Umar Tanko Al-Makura described the allegations as baseless,
unwarranted and unfounded. “This is the handiwork of mischief makers and enemies of progress for inflaming the social media with incongruous reports
that the state government sponsored the wedding ceremony and shouldered all expenses of those who attended the wedding Fatihat of Abdul Tanko Al-
Makura and his bride Aneesa”.
The press statement further put rational scrutiny on how such a stupendous amount of money would be spent on wedding sponsorship when the state receives about the same amount in monthly allocation from the federation account.
“How on Earth would a wedding ceremony consume such amount of money which amounts to 70 per
cent of the monthly allocation that is accrued to the state from the federation account? Al-Makura was not
a pauper before becoming governor, so spending such amount of money from his personal account is nothing, but as a prudent and accountable leader he cannot afford that extravagance” the
statement said.
He therefore urged members of the public to “disregard the misrepresentations of facts made to
hoodwink them in order to achieve the cheap political goals of his enemies” and appealed to the people of
Nasarawa State to give their maximum support to the government of Umar Tanko Al-Makura in its quest to transform the state.

ASUU: STRIKE TO BE CALLED OFF SOON AS PRESIDENT JONATHAN APPROVES 400 BILLION NAIRA

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The end to the present strike by the
Academic Staff Union of Universities
(ASUU) may be in sight as President
Goodluck Jonathan has approved
N400 billion for the infrastructural
development of Nigerian universities.
The document to this effect is expected to
be made available today at the meeting of
the presidential committee on
implementation of the NEEDS assessment
in the universities with the leaders of the
four university-based unions – the Senior
Staff Association of Nigerian Universities
(SSANU), the Non-Academic Staff Union of
Educational and Associated Institutions
(NASU), the National Association of
Academic Technologists (NAAT) and the
Academic Staff Union of Universities
(ASUU).
The President of SSANU, Samson Ugwoke,
made the revelation while addressing his
union members at the SSANU National
Executive Committee (NEC) meeting held
at the weekend at the University of Abuja.
Ugwoke, briefing the SSANU members on
the activities of the NEEDS assesment
implementation committee, led by Benue
State Governor, Gabriel Suswam. He noted
that the fund was different from the N100
billion Governor Suswam had raised from
donor agencies and big companies to
tackle the problems of Nigerian
universities in 2013.
The labour leader said: “Let me give you a
tip on what the NEEDS assessment
committee is doing. The president has
approved that within the next four years;
N400 billion would be expended in
infrastructural development of Nigerian
universities, to transform the universities
to international standard.
“N100 billion has already been raised by
Suswam committee out of which 61
universities have been pencilled down, as
contained in the NEEDS assessement
committee. The N100 billion is expected
to address needs of the universities in the
areas which include re-furbishing and
renovation of lecture theatres and lecture
halls, re-furbishing and renovation of
laboratories/libraries and the renovation of
hostels.
“The second category is building of new international standard hostels, self-
contained rooms and also the state-of-
the-art laboratories as well as classrooms,
lecture theatres and the halls.”
Ugwoke pointed out that the money had
been shared and out of the N100 billion,
N96 billion had been sent to universities.
He added: “The committee is meeting
again on Monday, and by Monday (today),
the document will be out. This time
around, it is not only by giving university
money, but it will be monitored to ensure
that the money is used to transform the
universities, to bail universities out of the
present situation enabling them develop to an
internationally recognized university
standard.”. Source: Daily Sun Newspaper

CBN To Reprint N5, N10, N20 & N50 On Paper By September 2013

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Deputy Director, Operations of The Central Bank of Nigeria (CBN), Dr Tunde Lemo, has said the
bank will take delivery of new Naira notes
before the end of September for circulation.
The News Agency Of Nigeria reports that The Apex bank had earlier said that new Naira notes would be in circulation by June, and that
the smaller denomination notes (N5, N10, N20, and N50) would be reprinted on paper.
“The public will get a large quantity of the new notes to replace the old and mutilated notes, particularly the higher denomination notes in the first instance, then later the lower
denominations,’’ he said.
On the scarcity of the lower denomination notes, Lemo blamed commercial banks for what he called “poor circulation’’.
“For the lower denomination; well, I think the banks are really the ones that are not allowing the lower denomination in circulation, largely, because of the carrying value. Most people don’t require small
denomination. But for buying things in the market, if you look at the veracity, you find out that the N50 circulate more than the smaller ones,’’ he said.
Meanwhile, Lemo has urged law enforcement agencies to arrest all illegal hawkers of new Naira notes.
He also called on commercial banks to keep watchful eyes on their staff to avoid being used as conduit for illegal transfer of new notes to unauthorised hands. Lemo said this should be done to ensure effective protection of the currency from abuse.
“We have done all we can do in the sense that we have criminalised this in the 2007 Act. It is clear that if you hawk notes, if you abuse the currency, it is a criminal offence and it is
punishable. Hence, we expect law enforcement agencies to do
the arrest. We don’t have power to arrest. We know it is going on,’’ he said. Lemo said commercial banks should “dispense and pay their customers with new notes’’.
He said the apex bank had carried out
sensitisation campaigns to inform the public and warn them about the dangers of patronising hawkers. “I think that is the limit the central bank can go,’’ the deputy governor
said.
Naira notes are reportedly sold at Dei Dei along Kubwa Express Road, Abuja, as well as other locations across the country.

PHOTO: Davido Acquires 20 Million Naira Mercedes Jeep

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While on tour in the United States, Nigerian Music Sensation, Davido acquired a Mercedes Benz G- Class G55 AMG. Little wonder why he is called “Omo Baba Olowo” (Son of a rich Dad).

Nokia Lumia 625 Launches in September for 49 thousand Naira (only)

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Nokia has cranked out another cheap Lumia phone, but this one has a few superpowers snuck up its sleeves — it’s massive, and has 4G capabilities although i doubt there is any 4G
network in Nigeria to make use ofthis beauty.
While it looks a lot like Nokia’s previous Lumia efforts, this is actually the biggest Windows Phone ever made by Nokia. It has a 4.7-inch display, guaranteed to stretch your palms to
exciting new proportions.
The display resolution isn’t quite as enticing as the size however — that panel packs 480×800 pixels, which isn’t a particularly high resolution.
That could mean that photos, video and web pages don’t look as pin-sharp as they will on competing mobiles; that drop in resolution will be keeping the price down, however. Also expect to see Nokia’s usual line-up of own-brand maps software and other Windows-flavoured treats.
The camera in ‘normal’ mode will be a 5MP snapper with a front-facing VGA option plus the other lenses seen on Nokia phones, such as Cinemagraph and Panorama modes.
There’s only 8GB of internal user memory, but continuing in the confusing style of Windows Phone handsets there’s a microSD slot available for up to 64GB of storage Battery life is taken care of with the 2000mAh power pack on the
rear.
Are you impressed with the Lumia 625 specs and design? Will you be getting one when it’s launched in Nigeria? Feel free to share your views in the comment section….