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MONEY: NIGERIA: Naira Appreciates Against Dollar After Buhari's Visit to China


President of the Association of the Bureaux de Change Operators in Nigeria, Aminu Gwadabe, has stated that the federal government's recent deal with China is favoring the Naira.
The Industrial and Commercial Bank of China Ltd and the Central Bank of Nigeria signed a deal on Yuan transactions last week during President Muhammadu Buhari's visit to the Asian country. The deal was struck to resuscitate the current currency slump in Nigeria. It means the Yuan will now flow freely around Nigerian banks and will even be included in the country's foreign exchange reserves.

Since the announcement, the Naira had appreciated by 10 naira against the dollar, Aminu Gwadabe said. According to him, the dollar was now changing for 310 as against the former rate of 320 and predicted that once the policy is in force, the price of dollar will continue to fall.

"You know more than 50 percent of foreign businesses in Nigeria is with China and before now, Nigerians doing business in China have to change their money to dollar, then from dollar to Yuan," he added.

"You can all testify to the number of made in China things in the country. So if small and large businesses can convert straight to Yuan, it's better," he told reporters.

He added that this new policy will help the informal payment sector and also urged the CBN to monitor the development closely for effective implementation of the policy.

Elsewhere? Mum leaves her 14 month old daughter in hot car while she auditioned at a strip club


A 24 year old Tennessee mother, Kelsey McMurtry has been arrested for leaving her 14-month-old daughter in a very hot car while she danced at a strip club, authorities said. A good Samaritan who saw the toddler when her mum left her in the car said she had been inside for 30 minutes, before the police were called. 
 
The temperature inside the car was above 100 degrees and the little girl was wearing a coat according to the arrest warrant.

According to the affidavit, McMurtry, who worked as a bikini and lingerie model and as a ring girl during boxing and MMA events, had left her daughter in the care of a friend, 19 year old Summer Taylor. Rather than watch the child,  Taylor left her in PT Cruiser, then went inside the strip club to watch McMurtry's audition according to the warrant.

When police arrived and found the child in the car all alone, they pulled McMurtry outside and had her remove the girl from the vehicle. The toddler was wearing a medium to heavy coat and was drenched in sweat.
The little girl was taken to the hospital and into custody by the Department of Children’s Services.
McMurtry, who had an outstanding warrant, initially gave police a fake name when they confronted her.

She’s since been charged with a felony charge of child neglect of a child 8 or less, criminal impersonation and the outstanding charge of no driver’s license. She’s held on a $40,000 bond.
Taylor was also charged with felony child neglect of a child 8 or less. She’s held on $10,000 bond.

Both women are due in court Monday afternoon.

source:lindaikejisblog

BRAZIL: Brazilian lawmakers vote to impeach President Dilma Rousseff


Brazil's lower house of Congress voted late Sunday to impeach President Dilma Rousseff, with at least 342 of 513 deputies voting in favor, to move her impeachment for fiscal irresponsibility forward. That threshold was passed shortly after 11 p.m. Brasília time Sunday, delivering a major blow to a long-embattled leader who repeatedly said there was a coup to remove her as president.
Rousseff is accused of mismanaging the federal budget to maintain spending and shore up support. She has said previous presidents used similar maneuvers and stressed that she has not been charged with any crimes or implicated in any corruption scandals.

The measure now goes to the Senate. If by a simple majority the Senate votes to take it up and put the president on trial, Rousseff will be temporarily suspended.

By default, if impeached, her vice-president, Michel Temer, would become president. He abandoned her side weeks ago. Third in line is Eduardo Cunha, president of the lower house who administered the vote today but both men work under a cloud of corruption accusations. So until then Rousseff remains in power until the impeachment proceeding is complete, which could take weeks. If she is impeached, the Senate would have 180 days to conduct a trial against Rousseff.


About 60 percent of the 594 members of Congress are facing corruption and other charges.

In the streets of São Paulo, massive balloons floated above the thousands of Brazilians gathered in what looked by all appearances to be a celebration for the impeachment process. In Rio de Janeiro, pro-government protesters filled the beachside road in Copacabana, while those against the government gathered in front of massive TV screens propped up on the beach to watch the voting. In Brasília, despite oppressive heat, Brazilians gathered in front of the Congressional building. A wall was constructed to separate the two sides.

Rousseff has hinted that she would appeal to the Supreme Federal Tribunal, Brazil's highest court, on the grounds that the accusations are false.

They argued the only way  is to remove Rousseff, the country's first female president, whose popularity ratings have dropped below 10 percent in recent months.

The deepening crisis comes as Brazil grapples with problems on multiple fronts. The economy is contracting, inflation is around 10 percent and an outbreak of the Zika virus, which can cause devastating birth defects, has ravaged parts of northeastern states. Rio de Janeiro is gearing up to host the Olympics in August, but sharp budget cuts have fueled worries about whether the country will be ready.
There is a "Car Wash" investigation into a kickback scheme in the Chamber of Deputies that has seen dozens of top politicians and businessmen in jail already.
.

While Rousseff herself has not been implicated, the kickbacks at state oil company Petrobras allegedly happened on her watch and that of former President Luiz Ignacio Lula da Silva. While many lawmakers and regular citizens blame her for letting the graft happen, many sitting lawmakers are accused in the scandal.

Critics said she comes off as stand-offish and arrogant, and her unwillingness to engage in back-slapping and wooing of opposition leaders cost her as the economy started to decline and she was unable to gather support for reforms.
"Impeachment is the way that the political system found to get rid of an incompetent leader," said Luciano Dias, a political consultant based in Brasilia.

'I felt like a monster, I was thinking suicide' : Chris Brown talks about life after Rihanna assault(VIDEO)


The 26 year old music star in his new documentary called Welcome To My life, revealed how he felt after his problem with Rihanna. Chris says the assault on Rihanna changed his life forever as he watched the media go after him and seven years on, his actions on that night still haunt him.
Speaking in the trailer for the new documentary, he said: 
"I went from being on top of the world, number one songs, being kind of like America's sweetheart, to being public enemy number one.
 "I felt like a f***ing monster. I was thinking about suicide and everything else. I wasn't sleeping, I wasn't eating. I just was getting high."
Other stars like Usher, Jennifer Lopez, Ludacris also spoke about how anger got the best of him.

His mother, Joyce Hawkins, also talks about the incident. She said:
"That was the worst day of my life and probably his life...I felt like I was going to lose my child."



source:lindaikejisblog

BLIZZRAD IN U.SA.: Hundreds of Flights Canceled in Denver as Blizzard Hits Colorado


 A powerful blizzard swept through Colorado on Saturday, dumping at least 2 feet (61 cm) of snow in some parts of the state and forcing the cancellation of most of the scheduled flights at the Denver airport, officials said.
United Airlines [UALCO.UL] canceled all of its flights to and from Denver International Airport, the airport said in a statement.

All told, more than 800 flights were grounded on Saturday, or more than 65 percent of all scheduled take-offs and landings at the airport, the FlightAware airline tracking website showed. Dozens of other flights were delayed.
Denver International is the fourth-largest hub for United Airlines and Southwest Airlines, and the primary hub for Frontier Airlines, according to its website.
A representative for the airport did not immediately return a call or email seeking comment.
The heavy snow began falling on Friday night and was expected to continue through Sunday, the National Weather Service said.
source:breitbart

NIGERIA: Boko Haram crippled, can no longer take territory – Buhari

In a statement made available to the News Agency of Nigeria (NAN) on Saturday in Abuja, the president made the remark at the 13th summit of the Organisation of Islamic Countries (OIC) in Istanbul, Turkey.

Represented by the Minister of Education, Malam Adamu Adamu, Buhari said government forces had taken over all the territories seized by the insurgents and destroyed their camps.
The president also said that most of the leaders of the terrorist group had been arrested, while many others had surrendered.
He commended Nigeria’s neighbouring countries, Niger, Chad, Cameroon and Benin and the international community for their support in the fight against insurgency in the country.
Buhari also commended the OIC for its efforts in ensuring peace world wide.
On the theme of the summit: “Unity and Solidarity for Justice and Peace,” Buhari noted that the current precarious situation in the Muslim world was a source of great concern.
“A multiplicity of crises and conflicts litter the entire landscape of the Muslim World – from West and North Africa through Central Asia to the Indian subcontinent; from Jammu and Kashmir to Jakarta. And from the Arabian Peninsula and the Near East to the Balkans; many member-states are embroiled in conflicts threatening their very existence and taking an unacceptable toll in human lives and destruction of critical infrastructure. Muslim minorities in non-member-states like Myammar, Philippines, Thailand and China; and Muslim migrants in the West are still facing serious political, cultural and economic challenges or outright persecution,” he said.
The president, therefore, called on member-states of the organization to rededicate themselves to the struggle for peace and justice for Palestinians.
He said that Nigeria stood in full solidarity with the Palestinians in their legitimate quest for an independent state.
“The situation in Palestine remains bleak; the scourge of terrorism and violent extremism remains unabated. The drums of Islamaphobia, especially in the countries with minority or migrant Muslims, are being beaten to achieve mischievous political objectives. Nigeria identifies with and fully supports the just struggle of the people of Palestine against the unjust occupation of their land and the oppression of their people by Israel,” he said.
Buhari urged the Muslim world to take the path of knowledge, stating that the future lay with the cultivation of knowledge as the mainstay of the economy.
“Nigeria fully supports all OIC efforts towards cooperation in education, science and technology; it also supports measures put in place to develop intra-OIC trade, socio-economic infrastructures, micro-finance sector, agriculture and health. Nigeria is already in the process of signing the statute of the newly created Specialized Institution for Food and Security based in Astana, Kazakhstan.
It is to share our experiences in the areas of food security and the introduction of an e-platform for agricultural services in rural areas,” he added.

source:bellanaija 

NATURAL DISASTER: A Magnitude-7.8 earthquake rocks Ecuador.(about 200 reported dead)

About 200 reported dead as mag. 7.8 earthquake rocks somewhere around Muisne, Ecuador on Saturday 16th April, 2016. And evacuation from and around the epicentre have been initiated... Japan was also rocked by two earthquake(Thursday & Saturday). Read here


source:cnn

NIGERIA: Nigeria Military Repels Boko Haram Attack, Rescues 455 Hostages

The Nigerian military has successfully repelled an attack by the Boko Haram terrorists against their positions in parts of Borno state, and rescued 455 hostages.
The Director of Army Public Relations (DAPR), Col. Sani Usman, said in a statement on Saturday that the terrorists had in the early hours of Friday, armed with five gun trucks, motorcycles and two Golf cars laden with Improvised Explosive Devices (IEDs) from Sambisa forest axis attempted an attack on 121 Task Force Battalion at Pulka.

"The ever alert and vigilant troops rose to the occasion and successfully repelled the attack and killed seven Boko Haram terrorists, wounded several others and recovered 4 AK-47 rifles, three AK-47 rifle magazine and 92 rounds of 7.62mm (NATO) belt ammunition.
"We wish to state that our troops are hale and hearty," Usman remarked.
In a related development, he said, troops of 3 Battalion caught a suspected Boko Haram terrorists' spy near the Battalion Headquarters at Gamboru Ngala.
According to him, the suspect confessed on interrogation that he was sent to spy on the troops from Wulge.
Consequent upon this, he said, the troops organised a fighting patrol comprising elements of Army Headquarters Strike Group and Civilian JTF to Wulge and Walamari.
"The troops had encounter with Boko Haram terrorists in which they killed 27 of them, recovered five motorcycles and 8 bicycles. They also cleared 12 terrorists' camps and recovered an AK-47 rifles as well as a Dane gun," he disclosed.
Usman said that the troops also rescued 455 persons and escorted them to Gamboru Internally Displaced Persons' (IDPs) camp.
He however confirmed that they lost one of the Civilian JTF, adding that the troops' morale remains very high.

source:allafrica

NATURAL DISASTER: PRELIMINARY 7.0 MAGNITUDE EARTHQUAKE HITS JAPAN


A preliminary 7.0 magnitude earthquake hits Japan on Saturday barely 50 hours after a lesser earthquake hit the same region killing 9 people.
The quake shook the Kumamoto region and several aftershocks soon followed. Japan's Meteorological Agency issued an advisory for a tsunami up to 1 meter (3 feet) high along the coast west of the epicenter in Kumamoto; the advisory was lifted less than an hour later.
There were varying reports on the number of injured. The government's chief spokesman, Yoshihide Suga, said at least 860 people had been injured, 53 seriously. Kumamoto prefecture tallied 784 injured.

source:abc30

Dubai set to build another tower higher than Burj Khalifa


Dubai is set to build a tower higher than the existing record-braaking skyscraper, the Burj Khalifa, which is presently the world's tallest building. Construction for the new tower which is to be known as The Tower at Dubai Creek, will start at the end of June this year and is hoped to be finished before Dubai hosts the World Expo in 2020. The tower is said to cost around $1 billion and will be a notch taller than Burj Khalifa which opened in January 2010 and stands at 828 meters high.





source:lindaikejisblog