OP, don't get it twisted. Your first love does not always mean the person you kissed first or had sex with first. The first love is the person you fell truly in love before others.
Lagos is Beautiful said Morocco Beach Soccer Team for the 2016 CAF African Nations Beach Soccer Tournament at the Eko Atlantic Beach on Victoria Island.
The tournament starts today and ends on December 18.
It was an evening to remember yesterday in the megacity of Lagos as the great Lion of Negritude, Nobel laureate Prof. Wole Soyinka, Alhaji Lai Mohammed, Honourable Minister of Information and Culture, H.E. Consul General Chao Xiaoliang of Consulate General of the People's Republic of China in Nigeria; Nike Davies-Okundaye of Nike Centre for Arts and Culture, Nollywood divas Stephanie Linus, Kate Henshaw and Hilda Dokubo, Chief Diana Chen, Chairman of CIG Motors and Chief host of the event: Mr. Yu Jun, GM of GAC Motors, Mr. Ekene Mkparu, CEO of Film House Cinemas with other VIPs and invited guests graced the grand occasion of the unveiling of GS4 brand of GAC Motor of China at the poolside of the Eko Hotel & Suites on Victoria Island, Lagos, Nigeria. Darey Art- Alade eas the celebrity MC and performing guest artiste with a live band playing popular R&B bestselling songs and hit songs of ASA (Ásha) performed by the tall black beauty, Amaka whose voice captivated the audience. She sang Anita Baker's hit love songs in the same high contralto. The "Jeka Jo" dance act also thrilled the guests with their energetic choreography. The event was organized by Mr. Linus Idahosa, Cofounder and CEO of Del- York International.
Majority of Nigerian bloggers are actually desperate idiots and they are among the most popular, because majority of Nigerians are the idiots applauding them.
Since one has made fame and fortune from spreading gossip, lies and rumours, then that's their formula for success.
dipoolowoo: **Affirms Country’s B1 Rating With Stable Outlook
By Modupe Gbadeyanka
Moody's Investors Service on Friday affirmed the B1 long-term issuer rating of the government of Nigeria with a stable outlook just as it forecasts that real GDP growth will rise to 2.5 percent in 2017 and accelerate further in 2018 to 4 percent.
The global rating firm disclosed that the key drivers for these were the medium term growth prospects remain robust despite the current challenging environment, with the rebound in oil production helping to rebalance the economy over the next two years; and the government's balance sheet, which it said remains strong relative to its peers, resilient to the contractionary environment and temporarily elevated interest payments while the authorities pursue their efforts to grow non-oil taxes.
The long-term local-currency bond and deposit ceilings remain unchanged at Ba1. The long-term foreign-currency bond and deposit ceilings remain unchanged at Ba3 and B2, respectively.
Moody's said it expects Nigeria's medium term growth to remain robust, driven by the recovery in oil output and also over the near term, it expects Nigeria's economic growth and US dollar earnings to improve in 2017, supported by a recovery in oil production.
According to Moody’s, after an estimated -1.5 percent real GDP growth in 2016, it forecasts real GDP growth to rise to 2.5% in 2017 and accelerate further in 2018 to 4%. A rebound in oil production to two million barrels per day (mbpd) will, if sustained, enhance economic growth and support the US dollar supply in the economy.
It noted that Nigeria has made significant gains in terms of governance and transparency in the oil sector. Improved availability of data, progress in restructuring the Nigerian National Petroleum Company (NNPC), rising effectiveness of operations at the refineries and a readiness to tackle difficult issues with partners (such as funding issues at the Joint Ventures) speak to a material improvement in the operating environment. The Petroleum Investment Bill (PIB bill), which had been blocked for 8 years in parliament, has been reactivated with a portion of the law drafted and passed by the Senate. Moreover, militant activity in the Niger Delta is set to wane following the resumption of payments from the government, though it will remain a threat to the recovery of the economy.
Moody’s further said the economy is also likely to benefit from the more timely implementation of the 2017 budget than its predecessor and in particular from the increase in capital spending on infrastructure which that will allow.
It also said the scarcity of Dollars, worsened by the soft capital controls imposed by the Central Bank of Nigeria (CBN), is likely to continue to negatively affect important sectors of the economy especially in services and manufacturing sectors.
“We do not expect the current policy mix to significantly change over the short term but a gradual easing of restrictions is possible as foreign currency receipts improve with rising oil production,” the firm said on Friday in a statement obtained by Business Post.
In 2017 and 2018, we expect Nigeria's balance of payments to move back into surplus, supported by government external borrowings and a falling current account deficit. The latter is quickly reducing, supported by falling imports and increased oil production.
Depreciation of the naira, soft capital controls and current dollar scarcity have been relatively effective at constraining imports. We expect foreign exchange reserves to grow modestly in 2017. While improved foreign investor sentiment should support the rebalancing of the economy over the medium term, with the return of portfolio investors improving dollar liquidity in the country, the continued existence of a parallel, unofficial foreign exchange market is likely to act as a strong deterrent over the near term.
RESILIENT GOVERNMENT BALANCE SHEET STRONGER THAN PEERS' DESPITE TURBULENCE
Moody's says it expects the medium-term impact of the oil price shock on Nigeria's government balance sheet to be contained, and recent erosion of debt affordability to be reversed.
The effect of the recent downturn on the government's budget sheet has been contained as the authorities have been able to offset the shortfall in revenue with large cuts in capital expenditure. As a result, Moody's forecasts a budget deficit of 3 percent of GDP in 2016, comprised of a 2 percent of GDP federal government budget deficit and around 1% of arrears split between federal, state and municipality levels of government, it explained.
Moody's forecasts the federal government deficit to remain around 2% of GDP in 2017 and 2018, with large capital expenditure outlays resuming as the government's cash flow situation improves. Based on these underlying projections, Nigeria's balance sheet will continue to compare favourably with peers', with government debt remaining well below 20% of GDP over the coming years against 55% median for B1-rated peers.
By end-2016, Moody's estimates the government debt stock will be comprised of 85% domestic borrowing and 15% external debt, resulting in a manageable external debt profile. Government external debt amounts to just 2.9% of GDP, with interest payments set to remain low, at around $330 million dollars per annum. Domestic debt has increased significantly in recent years, reaching its current level of NGN10 trillion. Around 30% of this debt is comprised of costly T-bills, which have increased refinancing risk and interest rate exposure. However, Moody's expects the ratio of interest payments to government revenues to peak at 20% for general government, and close to 40% of revenues for federal government in 2017.
Although debt service costs are high, Nigeria's domestic capital market is sufficiently developed to accommodate the yearly public sector borrowing requirements of around NGN5.5 trillion. This is another positive credit feature that distinguishes Nigeria from many similarly rated peers. The country's banking sector is well-capitalised and liquid and the national pension fund still has additional capacity. Should banking sector liquidity decline, the Central Bank of Nigeria has tools at its disposal to support appetite for government securities, including lowering the cash reserve requirement ratio from its presently high level of 22.5%. However, appetite for government securities remains strong, with all instruments remain oversubscribed.
Moody's expects the recent increase in debt service costs to prove temporary, as a result of i) the government' initiatives to expand the non-oil revenue base, and ii) efforts to improve the structure of government debt.
Measures by the Federal Revenue Inland Service are expected to increase non-oil revenue to around NGN4 trillion in 2016 from NGN2.5 trillion in 2015. These include a tax amnesty on penalties and interest on tax liabilities due in 2013, 2014 and 2015. However, not all the initiatives have proven successful: the independent re-appropriation of revenues from the ministries departments and agencies (MDAs) has yielded disappointing results so far. Such outcomes highlight the considerable execution risks inherent in the transition to a less oil-dependent federal budget, and the implications for the government balance sheet should it not meet its objectives.
The government's medium-term debt strategy should also help to lower the interest burden. The debt strategy is geared towards exchanging costly short-term debt with long-term concessional borrowing. Although a portion of future external borrowings are expected to be raised through the Eurobond markets, this is likely to be complemented with ongoing support from other multilateral institutions including the African Development Bank and the World Bank. The combined effect of these measures should help to bring interest payments/general government revenues down to 16.8% by 2018, from an estimated 19.8% in 2016.
RATIONALE FOR THE OUTLOOK AT STABLE
The stable outlook is driven by Moody's view that the downside risks posed by the weakening of the country's fiscal strength, and the external and economic pressures anticipated this year and next, are balanced by Nigeria's strengths, which exceed those of sovereigns rated below B1. In 2016, Nigeria's external vulnerability indicator of 31% will remain far below the expected B1 median of 51%, while its debt-to-GDP of 16.6% will remain far below the expected B1 median of 55%. Set against that, its expected debt servicing burden in terms of interest payments to revenue of 19% is more than double the B1 median of 9%. To a large extent, Moody's believes that this reflects Nigeria's underdeveloped public sector revenue base, a credit weakness that the administration is attempting to address.
WHAT COULD CHANGE THE RATING UP
Positive pressure on Nigeria's issuer rating will be exerted upon: 1) successful implementation of structural reforms by the Buhari administration, in particular with respect to public resource management and the broadening of the revenue base; 2) strong improvement in institutional strength with respect to corruption, government effectiveness, and the rule of law; 3) the rebuilding of large financial buffers sufficient to shelter the economy against a prolonged period of oil price and production volatility.
WHAT COULD CHANGE THE RATING DOWN
Nigeria's B1 issuer rating could be downgraded in the event of 1) a greater-than-anticipated deterioration in the government's balance sheet or continued erosion of debt affordability, for example resulting from the failure to implement revenue reform; and 2) lower than expected medium term growth, for example as a result of delays in implementing key structural reforms, especially in the oil sector, or continued militancy in the Niger Delta, which undermine the level of oil production over the medium-term.
GDP per capita (PPP basis, US$): 6,184 (2015 Actual) (also known as Per Capita Income)
Real GDP growth (% change): -1.5% (2016 Estimate) (also known as GDP Growth)
Gen. Gov. Financial Balance/GDP: -2.9% (2016 Estimate) (also known as Fiscal Balance)
Current Account Balance/GDP: -0.6% (2016 Estimate) (also known as External Balance)
External debt/GDP: 4.2% (2016 Estimate)
Level of economic development: Low level of economic resilience
Default history: No default events (on bonds or loans) have been recorded since 1983.
On 7 December 2016, a rating committee was called to discuss the ratings of the Government of Nigeria. The main points raised during the discussion were: The issuer's economic fundamentals, including its economic strength, have not materially changed. The issuer's fiscal or financial strength, including its debt profile, has not materially changed. The issuer's susceptibility to event risks has not materially changed. Other views raised included: the issuer's institutional strength/framework, have not materially changed. The issuer's governance and/or management, have not materially changed.
The principal methodology used in these ratings was Sovereign Bond Ratings published in December 2015. Please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.
The weighting of all rating factors is described in the methodology used in this credit rating action, if applicable.
"Or those eighteen who died when the tower in Siloam fell on them--do you think they were more guilty than all the others living in Jerusalem?"
Read more from Luke 13, of the Holy Bible.
We must be very vigilant 24/7 to avoid reoccurrences. Before any building collapses, there will be signs of cracks on the walls, ceiling and tremors. But the members of this church must have ignored these signs of danger.
To me these female suicide bombers were also victims, because they were kidnapped and forced to destroy themselves and others.
The late Osama bin Laden of All Qaeda never used any of his children as suicide bombers. Abubakar Shekau of Boko Haram has never used any of his children as suicide bombers.
I blame failure of the military intelligence for these terrorist attacks by suicide bombers.
Lest we forget, members of the Boko Haram have families who go to the banks and markets in town. And they are not invisible spirits.
It is failure of military intelligence that made Boko Haram to kidnap more than 270 school girls and drive away for hours like they were on excursion and the Nigerian Armed Forces were moping until the Boko Haram terrorists reached their headquarters in the Sambisa forests.
Then Abubakar Shekau had the space and time to produce his videos in broad daylight for hours without any military surveillance tracking him and his foot soldiers.
Boko Haram will attack and escape in a convoy of Toyota Hilux trucks and motorcycles and the Nigerian Armed Forces cannot stop them on the road?
I will advise the Federal Government to have a military pact with Israel asap, because the Israeli military can help the Nigerian military to destroy the Boko Haram.
Pascalville: Somebody pls Send the link of the first story when they found the boy in the wall...someone pls....I didn't read that...am confused ..how can someone be in a wall
. I have explained the Juju ritual of cultists using humans for the foundation and construction of houses and other building. They are often buried alive in the foundation or pillars of the buildings.
Remember the boy that was found in a fence which concealed him.
It is beyond imagination, it is unexplainable, The boy sang for like 3 days before the people around discover it was a human and began to break the wall.
The video shows people demanding for baba ijebu number from the small boy. (it is a known fact that mentally challenged people can give you winning lottery numbers if you ask or if they just say it). How can Nigerians be thinking of winning lottery numbers when there is a small boy that needs help??
Yorubas and Baba Ijebu Juju are like 5&6. The richest Yoruba people have questionable riches.
Brymo: The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it. Albert Einstein
papauju: Plumy question is how did he get in there, did he change to bird and or rat to enter there? Or was put in there by someone?
He was buried alive in the construction of the building for rituals of human sacrifice. It is common practice among cultists in Nigeria. Sometimes, they bury thir victims alive in the foundation of the building. Others use cows. But the most wicked cultists use humans. That is why cases of missing children and adults are common in these parts.
opeyemiieblog: Controversial blogger and daughter of a former governor of Oyo State, Kemi Omololu-Olunloyo is currently gushing over her handsome man on social media.
Kemi Omololu Olunloyo - a Nigerian journalist, pharmacist, gun violence activist and social media personality seems to have jokingly unveiled the face of her secret lover named Hakeem in a social media public message today, the 9th of December, 2016.
The 52 year old single mother who is based in Ibadan, Oyo State after being deported from Canada showered the handsome Hakeem with sweet and erotic praises in a post that has elicited reactions amidst questions about her love life.
In a catchy message, Madam Kemi described Hakeem - a farmer as the "grey hair in her pussy"
From all indications, it seems Hakeem recently visited her in Ibadan and has today returned to his base in Lagos.
NextGovernor: APC and Buhari taking Nigeria back to the dark days of OBJ's INEC. During GEJ the most populated and accepted candidates win elections but today the unpopular and rejected ones win election. God will judge APC.
You are a Satanic Liar. You don't know Almighty God.
The bloodiest elections in Rivers State happened under former President Goodluck Jonathan, when his wife Dame Patience Jonathan imposed Wike on the PDP to succeed RT. Hon. Rotimi Chibuike Amaechi as Governor against the popular will of the majority and then they stockpiled arms for the militants and their political thugs to attack and kill anyone opposed to them.
Rivers State was a peaceful place until the People's Democratic Party (PDP) turned the state to bloody chaos since 1999 when APC never existed. 2004 and 2015 have been reported as the bloodiest periods in political violence in Rivers State.
The political crisis in Rivers State is caused by cultists who are the political leaders of the PDP, their assassins made up of militants and political thugs engaged in kidnappings, armed robberies, crude oil theft and illegal refineries in the Niger Delta. These demonic people don't want to be dislodged from their evil clutches of political power in the south-south.
Anyone supporting them is either a fellow member of their Satanic cults or a beneficiary of their blood money.
Ikpa I can't degrade to ur level, if you can so stupid to attribute death in Rivers Election to PMB, it says a lot about ur Iq... during GEJ tenure how many people died in Rivers state election ? shebi Edo and Ondo are not states
the Idiosyncrasies exhibited by we South Southerner is appealing... Ikpa use wood mfo here mkpor, iniegher she Isong Inam do... kuba enter ndisime Inam ikod.
Many ignorant comments. INEC recently conducted elections successfully in Edo and Ondo. But the case of Rivers State is always turned to bloody clashes by demonic youths who chose to be bloody fools of power greedy politicians whose precious children are kept far away from the chaos. Only fools are always blaming and insulting President Muhammadu Buhari. Is he omnipresent?
Webmasters / Re: What Nigerians Searched For On Google In 2016 by Orikinla(m): 11:44am On Dec 14, 2016 
dey deceive urself 
