Monday, April 10

Did Timaya just shade Peter Okoye of P-Square? Nigerians react

It seems  Timaya a.k.a "egberi papa 1" just subbed Peter Okoye of P-Square in a post he shared on his Instagram page. Timaya revealed that his next single is just with Paul Okoye alone, because he's the realest and the best. Some have interpreted that as a sub, and have reacted to the post.

Here's what he wrote;


The stress test conducted by the Central Bank of Nigeria (CBN) has confirmed the resilience of large banks to withstand stresses over smaller banks, even as it singled out Zenith Bank Plc for its strength in comparison to others

Citing a Financial Stability Report for December 2016, published recently, rating agency, Fitch, said in its review of the regulatory test highlighted disparities in capital strength in the Nigerian banking industry. The apex bank’s test showed that 3 big banks failed, with their capital adequacy ratio haven significantly fallen below the regulatory requirement.

The rating agency said in its analysis of the CBN report: “… medium and large banks collectively could withstand a 100% increase in non-performing loans (NPLs) but small banks (assets less than NGN500 billion) would struggle to withstand even modest NPL deterioration.

“In our own assessment of the banks we rate, which are mostly large (assets more than NGN1 trillion), capacity to absorb losses through capital varies considerably.

“Zenith Bank Plc is stronger than the rest, while capital weaknesses at First Bank National and Diamond Bank have a significant influence on their ratings,” it added.

“All Nigerian bank ratings are in the highly speculative 'B' range, but even so capitalisation is an important differentiator. The scores we assign, based on capitalisation and leverage metrics across the sector, are low, but vary considerably,” the agency explained.

The apex bank’s stress test focused on the ability of banks' capital adequacy ratios to withstand a number of impairments arising from Non-Performing Loans and Fitch noted in its analysis that small banks were particularly badly hit in the stress tests.

“They already had very weak starting capital positions, with an average capital adequacy ratio (CAR) of just 3.14% at end-2016, following sharp falls in 2016 due to rises in NPLs. Medium and large banks had stronger starting positions, with CARs of 12.75% and 15.47%, respectively, at end-2016,” the agency stated.

The agency also stated: “CBN figures show that NPLs represented 14% of total sector loans at end-2016, a very sharp increase on 5.3% at end-2015. Unreserved NPLs represented a high 38.4% of total end-2016 regulatory capital (end-2015: 5.9%), signaling considerable weakening in the overall capital position of Nigeria's banking sector.

“Reported NPL ratios do not tell the whole asset quality story. Restructuring, particularly of loans extended to the troubled upstream oil sector, is fairly common practice in Nigeria, and restructured loans at some rated banks account for as much as 20% of total loans,” it added.

It further noted that there was good ground to belief that that capital buffers at banks may be weaker than reported ratios suggest.

The banks, the agency noted, remain profitable, with results boosted by wide margins and currency revaluation gains, large in some cases.

“These are one-off gains but they have been realised and provide a strong boost to capital, which is positive, especially in light of weak asset quality,” it said.
The CAR is the ratio of bank’s assets to its risks. It is placed at 10 per cent for national banks and 15 per cent for banks with international subsidiaries and 16 per cent for Systematically Important Banks (SIBs).

Rivers State's FRSC commander cuts hair of female staff with scissors (photos)

As a way of instilling discipline in female staff of the Federal agency, the Sector Commander of the Federal Road Safety Corps in Rivers, Andrew Kumapayi, allegedly used scissors on the hair of some of the female staff of the agency, while carrying out a general inspection on staff of the FRSC headquarters in Port Harcourt.

He also inspected uniforms and finger nails, as well as the hairdo of

Marrying a poor man leads to hell fire, arrest your boyfriend if he uses your photo as DP -Counselor

Controversial Ghanaian Christian counselor, George Lutterodt, has dropped yet another one. In his new counselling post,  he advised ladies to get any man or even their boyfriends arrested, if they in anyway use their pictures as DPs (Display Photos) on social media platforms.

According to him, no man has the right to use a lady’s photo as his DP, thus he charged women to be vigilant and call for the arrest of any man, who is yet to marry

Uche Maduagwu reacts to reports of sleeping at an audition in his famous shirt

Controversial Nollywood actor, Uche Maduagwu, who claims to be an A-list actor was busted today after being pictured dozing off, while gate-crashing for a movie role in his famous shirt.

The actor who has reacted to the report, alleged he was fornicating with an actress, who forced her to one movie audition she went for. According to him, he slept off because the sex he had got him tired.

Here's what he wrote;

"Wow... Finally after months of pressure, I finally offered an upcoming actress my sweet "banana"... 🍌🍌four rounds in the toilet, and more back in

#BBNaija: Bisola officially reacts to Thin Tall Tony being married, releases video

Yesterday, Bisola who was the first runner-up in the Big Brother Naija competition, jokingly told Ebuka the show's host, that she will kill Tony if the wedding band she saw on his finger meant he's married.

Well the beautiful mother of one, released a video after learning that Thin Tall Tony, who she had a fling with while still in the house, is married. According to Bisola, she never

Hilarious tweets about President Buhari & Big Brother Naija that will leave you laughing hard

So I came across this tweets about Big Brother Naija and President Buhari and I decided not to laugh alone.

Charlyboy embarks on a one man street protest (photos)

Son of famous Justice Oputa and former President of Performing Musicians Association of Nigeria (PMAN), Charlyboy, has embarked on a one-man street protest, after nobody showed up for the protest he's been calling the Nigerian youths to embark on with him. 

The Area Fada as he's called,  embarked on a one-man march to the

#BBNaija: These celebrities think Bisola will go places after Big Brother Naija

Alot of celebrities has lined up their interest in working with the runner up of the Big Brother Naija 2017, Bisola Aiyeola, with some declaring she would go places.

Alex Iwobi's hot Girlfriend sets the Internet on fire, online users react (Photos)

'Iwobi has completed life at 20, unreal.' a user said. 'Iwobi is the luckiest' another said after Nigerian footballer, Alex Iwobi's girlfriend  dropped some hot photos of her.

The Arsenal forward has been labelled a lucky man by online users who were wowed by his girlfriend's cuteness. His model partner, Clarisse Juliette dropped some photos of her and her audience exploded.

Reactions and more photos of her is after the

"Fucking cunts" -Nigerian lady puts the Nigerian Police on blast for beating her male friend

An assault incident that happened in Ikorodu area of Lagos, has left a Twitter user, @SkusSkus, angry with the Nigerian Police who she referred to as "fucking cunts".

According to the lady, her male friend who went to buy plantain in his neighbourhood, was beaten black and blue by officers of the Nigerian Police, who also used scissors on his hair.

She went further to disclose that the guy's phone was seized, even after they went through his phone and found nothing in it. He was then asked to bring 50K to

What the? Musician plunges into the sea to avoid paying after eating

A musician who racked up a large bill in a seafood restaurant has been brought to court for refusing to pay his humongous bill by jumping into the waters.

According to PUNCH

'He allegedly consumed two lobsters, a baby octopus, 21 vodka oyster shots and “a number of Coronas.”
The expensive meal that sent 2Pec running. Photo: BBC
The rapper, Terry Peck, known locally as 2Pec, appeared before a Queensland court in Australia. 
As reported by the BBC, the Police set off in hot pursuit of the man on jet skis.

#BBNaija: Nigerians blast the hell out of Thin Tall Tony for congratulating Efe

Nigerians have got no chill, and one the celebrities that has gotten on their bad side is ex-housemate of Big Brother Naija, Thin Tall Tony, who they alleged never supported Efe who had his back in the house, after his eviction.

The ex-housemate, who talked about how Efe thinks he's got street sense, while he's got none on a radio show immediately he got to Nigeria after his eviction, was put on blast by Nigerians who said Efe needs to be careful of him.

Here's Thin Tall Tony's post on Instagram that got most Nigerians pissed on Instagram;

#BBNaija: Meet Lady who claims she is engaged to Efe (Photo)

This lady claims to be engaged to Big Brother Naija 2017 winner, Efe during their service year, and she needs him back.

Dear N25 million, is this what you can do? Choi!!

Checkout the 'Based on Logistics' T-shirts an Igbo man launched after #BBNaija

Mr. Edozie David Onochie, an Igbo man from Anambra State but based in Imo State with an Aba business mentality has given Nigerians a slight surprise after he launched branded polos and caps based on BBN winner's, slangs.

Mr Edozie used Efe's popular slangs #BasedOnLogistics and #WhoIbe.

Nigerians what have you not shocked us with yet?

More photos after the cut

Painful: Popular Nigerian musician, Tony Grey is dead

Popular Nigerian musician, Tony Grey is dead.

According to TopCelebritiesNg

The Ozimba crooner based in Warri, Delta State has been lying critically ill for months now and need funds for necessary medical attention abroad after being diagnosed of prostate cancer and diabetes.

Chairman of Onuesoke Foundation, Chief Sunny Onuesoke and the friends of Tony Grey in conjunction with his Foundation tried to rescue the musician who had touched the lives of many through his music by contributing the sum of N512,000 for his treatment.

#BBNaija: 'Based on Logistics 1 & 2' - Checkout this hilarious Nollywood movie

Just when you think you've seen all the crazy aftermaths of Efe's victory yesterday, Nollywood makes you start afresh.

Though it looks like its an old Movie, but then again, it fits.

Lmao!! Grab a copy Now

Man loses 3 cousins in a boat mishap in Adamawa State

According to Facebook user, Timawus Mathias, he lost his 3 footballer cousins in a boat mishap in Adamawa state on Sunday.

He shared the above photo and wrote;

Suspects who killed Jumia delivery man arraigned in court (Photos)

The suspected killers of Jumia delivery man, Chukwuma Eleje, were today arraigned before the Port Harcourt magistrate court in Rivers state.

Chukwuma Eleje was on March 25th, killed by the suspects when he went to their residence in the Ada-George area of Port Harcourt to deliver iphones and a motorcycle they ordered form the online store.

The presiding judge ordered that the suspects be remanded in prison.

Haters will say it's photoshop...

Lol! Paris things... See full photo below...

Kanu Nwankwo's wife, Amara is hot!!!! (Photos)

The hot mother of 3 shared the stunning photos from a recent event she organized abroad.

Skales reacts to comments that BBN winner, Efe is richer than him

After announcing Efe's victory yesterday, most Twitter users started bashing and trolling different people, TBoss of course got the highest trolling on social media yesterday.

Singer, Skales also got a pinch of it. Most people said Efe is now richer than him.

Well, his reply is so humbling. See after the cut...

Apt reply for guy who said he'd rather f*ck his homie than a black woman


Wait oh!! Did Wizkid just give Davido one of his fans as a girlfriend? (screenshot)

If you've seen Wizkid's "come closer" video, where he featured Drake, you must have noticed that the Nigerian music star, now has a new hairstyle. Well, one of his fans who had a chat with him (not confirmed), telling him how much she loves his new hairstyle, and will do anything for him, got a reply she never expected.

Well, the screenshot shared below and on social media, reveals that he told the girl he's not interested. He further told her to meet Davido who has "30Billion" in his account, LMAO.  

Here's the screenshot;

#BBNaija: Sapele market women drank to celebrate Efe this morning (photos)

Efe is really Nigeria's favourite housemate on the Big Brother Naija Reality TV Show, and his fans are not letting go of the fun of realizing that their votes, counted for their favourite housemate.

Sapele market women in Delta State pictured below, drank to celebrate Efe, who is also from the State. More photos after the cut;

Must read!!! This guy's greatest turn on are sagged boobs

Lol! This quite hilarious. Read after the cut...

#BBNaija: This couple just broke up because of Efe and TBoss (photo)

A female die-hard fan of Efe, has just written to "break or makeup", revealing that she just broke up with her boyfriend, because of the just concluded Big Brother Naija Reality TV Show. According to her, her Boyfriend was supporting TBoss to win, but transferred the aggression he felt because of TBoss' eviction to her.

She went further to reveal the guy pushed her so hard, and further told her

Facebook man shares photos of all the girls he has slept with, Facebook users come for him

A Ugandan Man and a Facebook user, Alex Baale Gattusso, did what no one expected by sharing a photo of all the girls he has slept with. He also did put all the women he has slept with on blast.

The photo he shared, got him on the bad side of some Facebook users who ripped him apart. According to some of those who commented, sharing the photos makes him an idiot, and it's unthinkable to imagine that some people are supporting him.

However we couldn't get a screenshot of some of the comments on the post, because it was pulled down, but here are some of the comments culled from Ugandanblog;

See the epic replies Adekunle Gold got after he tweeted that Efe and Marvis should get married

So, singer Adekunle Gold tweeted that Efe and Marvis should just marry and he got an epic reply. See below...

DJ Khaled's son, Asahd out here balling before he crawling! (Photos)

DJ Khaled's son, Asahd Tuck Khaled is sure balling more than most adults as his dad takes to almost everywhere he goes and have even started dressing him like the boss that he is.

Asahd should be the world's busiest kid currently. See more photos of him balling below...

North West steps out with a £4,000 designer bag (Photos)

She is the daughter of two of the world's most lavish fashionistas, so this is not surprising.

North West on Sunday headed to church with her aunt Kourtney alongside cousins Mason, seven and Penelope, four.

The three-year-old superstar offspring looked adorable in a velvet dress while she tucked a sequinned Fendi handbag in the nook of her elbow, although her accessory was no normal kids' bag carrying a whopping £4,000 price tag.

Mercy Johnson oozing hotness in stunning new photos

Hot mother of three!

Just look at how this Facebook user declared a hale and hearty baby dead

A Nigerian lady stole the photo of a baby who is very well alive and made a post on Facebook declaring her dead.

The mum has cried out asking people to help tell her to take the photo down as her daughter is not dead. See after the cut...

Man tortures and locks up his daughters after a pastor told him they are responsible for his financial troubles (Photos)

A man in Delta State, locked up and tortured his daughters for 9 months, after a pastor told him they're responsible for his financial troubles.

Read the report according to Victor Ibeh who shared the story....

#BBNaija: Let's talk about Uriel's look to the finale show (Photos)

So, former Big Brother Naija housemate, Uriel Ngozi Oputa wore this outfit to the show finale viewing center last night, and it got some people talking.

Cool, Very cool or not cool at all? What do you think of her outfit?

#BBNaija: Desmond Elliot shares lessons learnt from the show

Actor and member, Lagos state house of Assembly, Desmond Elliot shared lessons he believes Nigerians should learn from the show.

He wrote;

Lady given this Mercedes for her birthday is happy she lost the keys, didn't drive it for 21 years

A 1996 Mercedes is set to sell for more than £50,000 at auction after its owner lost her car keys and didn't drive it - for 21 YEARS.

The lady who owned the SL500 sports car parked it in a garage in Knightsbridge, central London, having driven it just 75 miles.

But she somehow lost the keys to her birthday present and, instead of getting a replacement set, decided to never drive it again.

As a result, the 21-year-old car is in brand-new condition and is expected to sell for £55,000 on Wednesday when it is auctioned by Coys at the Royal Horticultural Society in London.

This is around TEN TIMES the price of a normal SL500 of the same age.

Actress Regina Daniels controls wheels of a moving car with her leg over money (photos/video)

A footage shared by 16-year-old Nigerian actress, Regina Daniels, who was on a road trip with a male friend who she referred to as 'Best',  reveals her controlling the steering of the car in motion with her legs.

She further demanded for money from the guy, who definitely looked more concerned about their safety, than her request.

More photos after the cut;

Photos From Funke Akindele's husband, JJC Skillz' 40th Backyard Birthday Party

Funke Akindele's husband,  music producer, JJC Skillz last week celebrated a backyard birthday party at their home.

His kids, crew members and some friends were in attendance. See more below...

See the reply Toke Makinwa got from a fan after she asked who won #BBNaija


Nigerians slams Toke Makinwa for saying she's happy Janet Jackson is getting paid in her divorce

Nigerian OAP, Toke Makinwa, whose tweets disclosed how sad she was that sister to late pop star, Janet Jackson is going through another divorce, has been dragged out by Nigerians after her tweets also disclosed how happy she was, that Janet is getting paid.

Toke, who went through a bitter separation from her  ex-husband, Maje Ayida, was called out by Nigerians for thinking that getting divorced, is all about getting paid.

Here are some of the replies she got;

Little boy represents his elder brother who couldn't make it to his own marriage introduction (Photos)

A little boy represented his elder brother based in Dubai as the groom for his marriage introduction ceremony.

Most people who thought it was actually the the boy getting marriage slammed the woman and she replied below...

Toke Makinwa enchanting in new photos, shows off sexy legs

The Best selling author who is currently in Los Angeles, California, shared the below photos and hey, she was gorgeous.

#BBNaija: Where does TBoss go from here? Nigerians answer

Nigeria Newsdesk re-tweeted YNaija's tweet on what the future holds for TBoss, and some funny Nigerian followers, had this to say on where TBoss goes from here (BBNaija). 
Image may contain: 1 person

What do you think about this? Do you see TBoss becoming a

Be ready for real war if you launch airstrikes on Syria again -Putin warns Trump

It seems Russsian President, Vladimir Putin, and America's President Donald Trump, are not best friends anymore, as they've now resorted to issuing threats to each other.

Coming after the United States airforce launched an airstrike on Syria, the Russian Government has warned the United States to back off or be prepared for real war.

The fallout comes after President Trump in the early hours of Friday morning,  ordered airstrikes (pictured) on a Syrian airbase in the first direct attack by the US against Assad.

The onslaught of 59 cruise missiles followed a suspected chemical attack on

If you don't have 365 braziers for the whole year, you are an incomplete woman - IG User

As posted by self-acclaimed most beautiful girl on Instagram. This is serious... lol!!

#BBNaija: Watch the emotional thing Tboss did to Efe after he Won (Video)

Just came across this Emotional video and then asked myself  'How is it possible that I missed such a precious moment?'

Below is the Video of the emotional moment Efe had with Tboss after he won.

Watch the video after the cut

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