Instagram hacked by 10-year-old boy

 

 A 10-year-old Finnish boy named Jani has been given $10,000 (£7,000) after he found a security flaw in image-sharing social network Instagram.

The boy, who technically is not allowed to even join the site for another three years, discovered a bug that allowed him to delete comments made by other users.

The issue was "quickly" fixed after being discovered, said Facebook, which owns Instagram.
Jani was paid soon after - making him the youngest ever recipient of the firm's "bug bounty" prize.
After discovering the flaw in February, he emailed Facebook.

Security engineers at the company set up a test account for Jani to prove his theory - which he did.
The boy, from Helsinki, told Finnish newspaper Iltalehti he planned to use the money to buy a new bike, football equipment and computers for his brothers.

Facebook told the BBC it had paid $4.3m to bug bounty recipients since 2011.

Many companies offer a financial incentive for security professionals - and young children, evidently - to share flaws with the company, rather than selling them on the black market.

Click the link to get the full gist....http://www.bbc.com/news/technology

Elneny Beats Iwobi, Sanchez To Arsenal Player Of The Month

Egypt’s Mohamed Elneny beat off competition from Nigeria youngster Alex Iwobi and Alexis Sanchez to emerge winner of Arsenal’s Player of the Month for April.
Elneny was also involved recently when Egypt beat Iwobi and Nigeria in a key Africa Cup of Nations qualifier in Alexandria.

The former Basel midfielder polled 40.2% of the votes to come tops.
It was his second award since joining Arsenal in January, as he won the award in March.

Sanchez finished second with 32.3% after finding the back of the net five times for Arsenal in April.
Iwobi, who scored one goal and got three assists in April, was third after polling 16.3% votes.

Elneny joins the quartet of Francis Coquelin, Theo Walcott, Mesut Ozil (four times winner) and Petr Cech as the winners of the award this season.

Sakho Suspended By Liverpool After Failing Drugs Test

Mamadou Sakho has been stood down from first team action by Liverpool after the defender failed a drug test.

The France defender has been cited for taking something which is on UEFA’s banned substance list and although he is still eligible to play, the club have decided he will not be available for selection while an investigation is ongoing, but stress that he has not been suspended.

In a statement on the club’s website, Liverpool confirmed that they are “investigating a possible anti-doping rule violation” and that Sakho will respond to UEFA on the matter.

The positive test came after the Reds’ 1-1 draw against Manchester United at Old Trafford in the Europa League last month and it is believed that Sakho did not know the composition of the supplement and has told the club he acted in good faith.
The 26-year-old has until Tuesday to respond to the charge and will likely ask for a B sample to be tested.

Omg! Prostitute Disgraces Married Man in Public for Getting Her Pregnant (Photos)

 

 

A horny married businessman has been publicly disgraced and his vehicle damaged by a pregnant prostitute who claims he is the father of her unborn baby.

 

According to H-Metro, Simbarashe Mufandaedza’s Honda CRV window was shattered by the self-confessed hooker identified as Emily after he was caught in the company of another thigh vendor along Josiah Chinamano Avenue on Friday.

 

Emily was arrested and taken to Fife Avenue Police Base before being transferred to Harare Central Police Station in Harare, Zimbabwe where she is in custody. She is expected to appear in court today.

 

However, Emily told H-Metro that Mufandaedza is failing to be responsible, squandering money buying illicit drugs and exchanging prostitutes while failing to buy preparation for the expected baby. 

 

“It is true I damaged his vehicle because he is not being responsible enough with the preparation for the baby I am carrying,” said Emily.

 

“He is the one responsible for my pregnancy and is the one paying rentals for my apartment at Franton Court but look he is hooking up with more prostitutes here in the Avenues.

 

“As we speak his BMW is parked at Hendon Court where it was detained after his failure to pay for the drugs he took…but he continues to squander more money.

 

“I cannot hook up more men to get enough money when he is the one responsible for this pregnancy” said Emily before she was arrested.

Get Natural Sexy Pink Lips in 1 week

Get Natural Sexy Pink Lips in 1 week

 

The first thing that catches my eyes on a lady is her lips, people can tell a lot about you from the way you talk and move their lips.
The way your lips look makes a perfect first inpression.
with this few tips you can have the most attractive looking pink lips ever :-D

1. Brush your lips

• All you need to do is dampen a soft-bristled toothbrush and gently rub your lips using small circular motions.
• This sloughs off dead skin and stimulates blood flow to the lips, making them soft and pink.

 2. Remove Makeup before Sleeping

• one of the most common reasons people have tedious lips is because of the fact that they do not take off their makeup. That is the reason why you should not forget to remove it before going to bed. Simply put a bit of olive oil or almond oil on a cotton ball as well as rub your lips with it gently. Thus we have learned above how to get pink lips.

3. Moisturize Your Lips

• The fact that the skin of your lips have a small quantity of sebum (an oil), you have to keep your lips moisturized provided you desire them to remain healthy and hence pink. Moreover, it significantly important to note that if you are going outside, attempt applying a bit of petroleum jelly or else lip balm as well if you are inside, use some coco butter. On the other hand, if you desire your lips to be soft as well as pink, you have to keep them moisturized.

4. Drink Water

• In addition to moisturizing your lips on the outside, you should make an effort to hydrate them from within.
• You can do this by drinking plenty of water everyday, somewhere between 6 and 8 glasses.
• Also try to eat fruit with a high water content, such as melon, tomato and cucumber.

5. Stop Smoking

• i dont even need to tell you the amount of damage smoking have on your lips

Hon. Omosede Igbinedion invited 9-year-old fast rising comedienne Emmanuella Samuel to her Abuja home to meet her young son Prince Alexander Akenzua, grandson of late Oba of Benin, who she says is a big fan.

comedienne Emmanuella visits Omosede Igbinedion and her son in Abuja

 Hon. Omosede Igbinedion invited 9-year-old fast rising comedienne Emmanuella Samuel to her Abuja home to meet her young son Prince Alexander Akenzua, grandson of late Oba of Benin, who she says is a big fan.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Skip to content Home About Us Advertise With Us contact us Search for: Wednesday 04 May Vanguard Logo Vanguard News A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc Home News Sports Politics Business Tech Entertainment Allure Editorial Viewpoint Forum More Breaking News Translate Select Language​▼ Photos: Buhari receives Cameroun president, Paul Biya On May 3, 20165:38 pmIn NewsComments 31 0 1 0 President Muhammadu Buhari, Tuesday, received President Paul Biya of Cameroon and his wife, Mrs. Chantalle Biya during an official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the fore-courts of the Presidential Villa, Abuja. President Muhammadu Buhari welcoming President Paul Biya of Cameroon during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari welcoming President Paul Biya of Cameroon during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon during an official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 Cameroon 3: President Buhari with L-R: Wife of the President Mrs Aisha Buhari, H.E. Paul Biya, President of the Republic of Cameroun and his spouse Mrs Chantal Biya as President Buhari receives in State Visit H.E. Paul Biya, President of the Republic of Cameroun in Statehouse on 3rd May 2016 Cameroon 3: President Buhari with L-R: Wife of the President Mrs Aisha Buhari, H.E. Paul Biya, President of the Republic of Cameroun and his spouse Mrs Chantal Biya as President Buhari receives in State Visit H.E. Paul Biya, President of the Republic of Cameroun in Statehouse on 3rd May 2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari (r) introduces the Special Assistant Foreign Affairs, Hon. Abike Dabiri Erewa to President Paul Biya of Cameroon while others watched during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari (r) introduces the Special Assistant Foreign Affairs, Hon. Abike Dabiri Erewa to President Paul Biya of Cameroon while others watched during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 31 0 1 0 Tony Chinonso View all posts by Tony Chinonso → Previous Post Justice-Ayotunde-Philips Ambode nominates ex-Lagos CJ, Philips as LASIEC chairman Next Post stock echange NSE records 3.2% growth You might also like Predicted to go on relegation, Leicester celebrate miracle title triumph Predicted to go on relegation, Leicester celebrate miracle title triumph Pandemonium in Ikorodu as strange images appear in mosque Pandemonium in Ikorodu as strange images appear in mosque Why I asked for a divorce from my ex Why I asked for a divorce from my ex 2 arrested with corpse of 2 2 arrested with corpse of 2 Tiwa Savage's husband accuses her of infidelity Tiwa Savage's husband accuses her of infidelity Super Super Just five more governors! Just five more governors! Capital Oil boss, Ifeanyi Uba, to remain in custody Capital Oil boss, Ifeanyi Uba, to remain in custody Recommended by Disclaimer Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof. 5 comments Livefyre Sign in 8 people listening burning spear Newest | Oldest burning spear burning spear 8 hours ago ---------------- CAMPAIGN PROMISES --------------------------------- ■ Pledged to end the insurgency within MONTHS if elected. ■ Vowed BOKO HARAM would be history within WEEKS of his administration." ■ Pledged in ONE MONTH, to BRING BACK all MISSING GIRLS in Boko Haram’s captivity. ■ Pledged to stabilize global oil prices at $100 a barrel. ■ Vowed to reduce FUEL PRICES to N45/ litre, in the first year. ■ Vowed that all refineries will be working at 100% full capacity in his first year, ■ Pledged FREE EDUCATION for all Nigerians. ■ Promised payment of N5000.00 to 25 million jobless Nigerians EACH MONTH. ■ Promised ALLOWANCES after YOUTH SERVICE until graduates are EMPLOYED. --------------------------------- EXCERPTS FROM INAUGURATION SPEECH (May 29, 2015). --------------------------------- ■ “ A few people have privately voiced fears that on coming back to office I shall go after them. These fears are groundless. There will be no paying off old scores. The past is prologue.” --------------- ■ “We cannot claim to have defeated Boko Haram without rescuing the Chibok girls and all other innocent persons held hostage by insurgents. This government will do all it can to rescue them alive. --------------- ■ It is only when the three arms act constitutionally that government will be enabled to serve the country optimally and avoid the confusion all too often bedeviling governance today. -------------- Culled from Anthony Ogbo FlagShare LikeReply eddie_bank eddie_bank @eddie_bankfrom Twitter 11h @OlufemiAjasa oga all I see here is the VP Reply on TwitterRetweetLikeFlagShare LikeReply OlufemiAjasa OlufemiAjasa @OlufemiAjasafrom Twitter 11h @eddie_bank see link... Reply on TwitterRetweetLikeFlagShare LikeReply stackCrawler stackCrawler 10 hours ago @eddie_bank @OlufemiAjasa really FlagShare LikeReply NOgbada NOgbada @NOgbadafrom Twitter 11h @vanguardngrnews Earn on social media social media with a Revshare program earn genuine money watching ads winthrillsnetwork.com/ppc.php?id=884… Reply on TwitterRetweetLikeFlagShare LikeReply Latest News 5:18 amHerdsmen must be disarmed immediately – Ogbe 4:32 amTroops rescue 80yr-old-man from Boko Haram hideout 4:30 amKill the grazing Bill in national interest 4:02 amMad woman becomes Choir Mistress after 35 years of insanity 3:59 amLASG commences implementation of national policy on MSMEs 3:58 amRampaging herdsmen: Delta lawmaker calls for vigilance 3:58 amCheck migration of health workers, WHO urges Fg 3:55 amCODAF to FG: Stop shifting goal post on cleanup of Ogoniland 3:50 amHerdsmen attacks: Enugu Assembly wants all security chiefs redeployed 3:43 amWorld Press Freedom Day: Nwulu tasks media owners on salary 3:39 amAfrica’s growth lowest in 15 years -IMF 3:06 amClimate change bill scales second reading in SenateI 3:06 amEnugu West Youth Assembly lauds Senator Ekweremadu 3:05 amEconomic downturn: Passenger traffic, aircraft movements tumble 2:56 amSouth West PDP crisis deepens 2:35 amLabour’s new minimum wage demand: Maximum trouble 2:32 amMay Day: Emulate Ayade, Oshiomhole, Labour tells govs View All Sponsored Diabetes1 See These 2 Myths About Diabetes You Don’t Know…(Please Read) If you have diabetes, what I’m about to share with you in this post could prevent you from having a premature heart atta... Read More Buy Lekki Plots and Save 1m Today Read More Even Bodybuilders Get A Helping Hand Read More Editorial grazing-bill Kill the grazing Bill in national interest Those behind the controversial and dangerous grazing Bill are pushing the erroneous argument that it will help in checki... Read More New minimum wage: how realistic? Read More Cartoons SARGE SUNDAY 28TH FEBRUARY 2016 Locked up Locked up Most Commented We don’t want Fulani herdsmen to leave our land — UMAHI44 Again, Buhari returns budget to National Assembly39 Photos: Nigerians in UK protest Fulani herdsmen killings in Enugu, others165 Buhari returns budget for the 3rd time, demands final copy129 IGP redeploys Enugu Police commissioner over herdsmen attacks68 Download Official News App E-editions Candid Notes jonathan Jonathan: To arrest or not? I MET Robert Azibola in the trenches in the dark days of General Sani Abacha.He was one of the young activists then who... Read More Talking Point nlc Labour’s new minimum wage demand: Maximum trouble NIGERIA’s labour movement is surely in a state of intellectual crisis. The leadership of the leading associations of wor... Read More Owei Lakemfa •Odia Ofeimun Like Obama, Odia Ofeimun turns to politics BARACK Obama was a phenomenon when he turned to politics. His Presidential victory seemed assured that July 24, 2008 day... Read More Broken Links SENATE CHAMBER Is the National Assembly a budget rubber-stamping body?d In a Presidential system of government, political theorists have long propounded that separation of power is the chess g... Read More Sobowale On Business BAIL-OUT Bailing out states: FG’s exercise in futility Readers would permit me if the APC spokesman is not identified. He is a long term associate and one of those who have he... Read More People & Politics President Buhari Buhari: too little, too late SOMETIMES when you examine the way things are done in this country, especially at the level of government, you get this... Read More Sweet Crude Education Environment Motoring Metro Interview Labour Law & Human Rights Bus Stop Parliament Crime Guard Crime Alert Homes & Property Investors Forum Insurance and You Features Worship Conference Hall Life Style Health Travel & Tourism Human Angle Is It Beyond Pardon? The Arts Tummy Talk Woman Columns Monday Sport Bassey People And Politics Rational Perspectives Sobowale on Business Broken Links Owei Lakemfa Tuesday Femi Aribisala Dispatches from America Wednesday Talking Point For Crying Out Loud Tip of a New Dawn Thursday People Politics Is’haq Modibbo Kawu The Hub Friday Sweet Sour Lipstick Owei Lakemfa Saturday The Passing Scene My World Frank & Fair Marriage & Family Oil & Gas Summiteer Bits & Pieces Sunday Frankly Speaking Sunday Perspectives Nigeria Today The Orbit Outside Looking In Joyful Homes Article of Faith © 2016 Vanguard Media Limited, Nigeria Home About Us Advertise With Us contact us Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/

Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/

Skip to content Home About Us Advertise With Us contact us Search for: Wednesday 04 May Vanguard Logo Vanguard News A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc Home News Sports Politics Business Tech Entertainment Allure Editorial Viewpoint Forum More Breaking News Translate Select Language​▼ Photos: Buhari receives Cameroun president, Paul Biya On May 3, 20165:38 pmIn NewsComments 31 0 1 0 President Muhammadu Buhari, Tuesday, received President Paul Biya of Cameroon and his wife, Mrs. Chantalle Biya during an official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the fore-courts of the Presidential Villa, Abuja. President Muhammadu Buhari welcoming President Paul Biya of Cameroon during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari welcoming President Paul Biya of Cameroon during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon during an official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 Cameroon 3: President Buhari with L-R: Wife of the President Mrs Aisha Buhari, H.E. Paul Biya, President of the Republic of Cameroun and his spouse Mrs Chantal Biya as President Buhari receives in State Visit H.E. Paul Biya, President of the Republic of Cameroun in Statehouse on 3rd May 2016 Cameroon 3: President Buhari with L-R: Wife of the President Mrs Aisha Buhari, H.E. Paul Biya, President of the Republic of Cameroun and his spouse Mrs Chantal Biya as President Buhari receives in State Visit H.E. Paul Biya, President of the Republic of Cameroun in Statehouse on 3rd May 2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 : President Muhammadu Buhari welcoming President Paul Biya of Cameroon while his wife, Mrs. Chantalle Biya and the Wife of the President, Hajia Aisha Bulgari (l) during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari (r) introduces the Special Assistant Foreign Affairs, Hon. Abike Dabiri Erewa to President Paul Biya of Cameroon while others watched during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 President Muhammadu Buhari (r) introduces the Special Assistant Foreign Affairs, Hon. Abike Dabiri Erewa to President Paul Biya of Cameroon while others watched during official welcome formalities for the Cameroonian Leaders as they commenced a two-day visit to Nigeria at the forecourts of the Presidential Villa, Abuja. Photo by Abayomi Adeshida 03/05/2016 31 0 1 0 Tony Chinonso View all posts by Tony Chinonso → Previous Post Justice-Ayotunde-Philips Ambode nominates ex-Lagos CJ, Philips as LASIEC chairman Next Post stock echange NSE records 3.2% growth You might also like Predicted to go on relegation, Leicester celebrate miracle title triumph Predicted to go on relegation, Leicester celebrate miracle title triumph Pandemonium in Ikorodu as strange images appear in mosque Pandemonium in Ikorodu as strange images appear in mosque Why I asked for a divorce from my ex Why I asked for a divorce from my ex 2 arrested with corpse of 2 2 arrested with corpse of 2 Tiwa Savage's husband accuses her of infidelity Tiwa Savage's husband accuses her of infidelity Super Super Just five more governors! Just five more governors! Capital Oil boss, Ifeanyi Uba, to remain in custody Capital Oil boss, Ifeanyi Uba, to remain in custody Recommended by Disclaimer Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof. 5 comments Livefyre Sign in 8 people listening burning spear Newest | Oldest burning spear burning spear 8 hours ago ---------------- CAMPAIGN PROMISES --------------------------------- ■ Pledged to end the insurgency within MONTHS if elected. ■ Vowed BOKO HARAM would be history within WEEKS of his administration." ■ Pledged in ONE MONTH, to BRING BACK all MISSING GIRLS in Boko Haram’s captivity. ■ Pledged to stabilize global oil prices at $100 a barrel. ■ Vowed to reduce FUEL PRICES to N45/ litre, in the first year. ■ Vowed that all refineries will be working at 100% full capacity in his first year, ■ Pledged FREE EDUCATION for all Nigerians. ■ Promised payment of N5000.00 to 25 million jobless Nigerians EACH MONTH. ■ Promised ALLOWANCES after YOUTH SERVICE until graduates are EMPLOYED. --------------------------------- EXCERPTS FROM INAUGURATION SPEECH (May 29, 2015). --------------------------------- ■ “ A few people have privately voiced fears that on coming back to office I shall go after them. These fears are groundless. There will be no paying off old scores. The past is prologue.” --------------- ■ “We cannot claim to have defeated Boko Haram without rescuing the Chibok girls and all other innocent persons held hostage by insurgents. This government will do all it can to rescue them alive. --------------- ■ It is only when the three arms act constitutionally that government will be enabled to serve the country optimally and avoid the confusion all too often bedeviling governance today. -------------- Culled from Anthony Ogbo FlagShare LikeReply eddie_bank eddie_bank @eddie_bankfrom Twitter 11h @OlufemiAjasa oga all I see here is the VP Reply on TwitterRetweetLikeFlagShare LikeReply OlufemiAjasa OlufemiAjasa @OlufemiAjasafrom Twitter 11h @eddie_bank see link... Reply on TwitterRetweetLikeFlagShare LikeReply stackCrawler stackCrawler 10 hours ago @eddie_bank @OlufemiAjasa really FlagShare LikeReply NOgbada NOgbada @NOgbadafrom Twitter 11h @vanguardngrnews Earn on social media social media with a Revshare program earn genuine money watching ads winthrillsnetwork.com/ppc.php?id=884… Reply on TwitterRetweetLikeFlagShare LikeReply Latest News 5:18 amHerdsmen must be disarmed immediately – Ogbe 4:32 amTroops rescue 80yr-old-man from Boko Haram hideout 4:30 amKill the grazing Bill in national interest 4:02 amMad woman becomes Choir Mistress after 35 years of insanity 3:59 amLASG commences implementation of national policy on MSMEs 3:58 amRampaging herdsmen: Delta lawmaker calls for vigilance 3:58 amCheck migration of health workers, WHO urges Fg 3:55 amCODAF to FG: Stop shifting goal post on cleanup of Ogoniland 3:50 amHerdsmen attacks: Enugu Assembly wants all security chiefs redeployed 3:43 amWorld Press Freedom Day: Nwulu tasks media owners on salary 3:39 amAfrica’s growth lowest in 15 years -IMF 3:06 amClimate change bill scales second reading in SenateI 3:06 amEnugu West Youth Assembly lauds Senator Ekweremadu 3:05 amEconomic downturn: Passenger traffic, aircraft movements tumble 2:56 amSouth West PDP crisis deepens 2:35 amLabour’s new minimum wage demand: Maximum trouble 2:32 amMay Day: Emulate Ayade, Oshiomhole, Labour tells govs View All Sponsored Diabetes1 See These 2 Myths About Diabetes You Don’t Know…(Please Read) If you have diabetes, what I’m about to share with you in this post could prevent you from having a premature heart atta... Read More Buy Lekki Plots and Save 1m Today Read More Even Bodybuilders Get A Helping Hand Read More Editorial grazing-bill Kill the grazing Bill in national interest Those behind the controversial and dangerous grazing Bill are pushing the erroneous argument that it will help in checki... Read More New minimum wage: how realistic? Read More Cartoons SARGE SUNDAY 28TH FEBRUARY 2016 Locked up Locked up Most Commented We don’t want Fulani herdsmen to leave our land — UMAHI44 Again, Buhari returns budget to National Assembly39 Photos: Nigerians in UK protest Fulani herdsmen killings in Enugu, others165 Buhari returns budget for the 3rd time, demands final copy129 IGP redeploys Enugu Police commissioner over herdsmen attacks68 Download Official News App E-editions Candid Notes jonathan Jonathan: To arrest or not? I MET Robert Azibola in the trenches in the dark days of General Sani Abacha.He was one of the young activists then who... Read More Talking Point nlc Labour’s new minimum wage demand: Maximum trouble NIGERIA’s labour movement is surely in a state of intellectual crisis. The leadership of the leading associations of wor... Read More Owei Lakemfa •Odia Ofeimun Like Obama, Odia Ofeimun turns to politics BARACK Obama was a phenomenon when he turned to politics. His Presidential victory seemed assured that July 24, 2008 day... Read More Broken Links SENATE CHAMBER Is the National Assembly a budget rubber-stamping body?d In a Presidential system of government, political theorists have long propounded that separation of power is the chess g... Read More Sobowale On Business BAIL-OUT Bailing out states: FG’s exercise in futility Readers would permit me if the APC spokesman is not identified. He is a long term associate and one of those who have he... Read More People & Politics President Buhari Buhari: too little, too late SOMETIMES when you examine the way things are done in this country, especially at the level of government, you get this... Read More Sweet Crude Education Environment Motoring Metro Interview Labour Law & Human Rights Bus Stop Parliament Crime Guard Crime Alert Homes & Property Investors Forum Insurance and You Features Worship Conference Hall Life Style Health Travel & Tourism Human Angle Is It Beyond Pardon? The Arts Tummy Talk Woman Columns Monday Sport Bassey People And Politics Rational Perspectives Sobowale on Business Broken Links Owei Lakemfa Tuesday Femi Aribisala Dispatches from America Wednesday Talking Point For Crying Out Loud Tip of a New Dawn Thursday People Politics Is’haq Modibbo Kawu The Hub Friday Sweet Sour Lipstick Owei Lakemfa Saturday The Passing Scene My World Frank & Fair Marriage & Family Oil & Gas Summiteer Bits & Pieces Sunday Frankly Speaking Sunday Perspectives Nigeria Today The Orbit Outside Looking In Joyful Homes Article of Faith © 2016 Vanguard Media Limited, Nigeria Home About Us Advertise With Us contact us Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/ Read more at: http://www.vanguardngr.com/2016/05/buhari-receives-cameroun-president-statehouse/

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Nigerian Billionaire Femi Otedola Loses $400 Million In 9 Weeks

Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that period.

In late February the share price of Forte Oil hit an all-time high of N342 per share after the Lagos-based utilities and petroleum marketing company released its impressive 2015 FY results and declared an attractive dividend of N3.45 per share. However, as at close of trading today (Tuesday), its share price has dropped to N193.46 after recording consistent daily losses over the past few weeks. Otedola, who is the company’s controlling shareholder, has seen his paper net worth drop from $1.6 billion when FORBES published its annual ranking of the World’s Billionaires in March, to $1.2 billion today, according to the FORBES’ real-time billionaire scorecard.

 

 Lagos, NIGERIA: Nigerian businessmen Aliko Dangote (L) and Femi Otedola arrive for the opening of the second Lagos domestic airport MM2 07 April 2007. AFP PHOTO / PIUS UTOMI EKPEI

 

A source at Forte Oil says that the drop in the company’s share price is not unconnected to massive sell-offs of bonus shares from some of the company’s retail investors. Last year, Forte Oil offered investors a bonus of 1 new share for every 5 ordinary shares they held. In total, Forte Oil declared roughly 216 million bonus shares for the 2014 business year. The bonus shares were only issued to investors a couple of weeks ago and they have been scrabbling to sell off their bonus shares on the market to cash in. This mass sell-off has precipitated the drop in the share price.

“This is only temporary. As you’ll see, even though investors are selling off their bonus shares, there are institutional investors who are buying up all the shares on offer as evidenced by the volume of the transactions in the last few days. When all those bonus shares are cleared up by institutional investors, you’ll see the share price rising again,” the source said.
Of the 216 million bonus shares which have been issued, Femi Otedola received approximately 170 million.

Forte Oil PLC is primarily engaged in the distribution of petroleum products such as diesel, aviation fuel and Premium Motor Spirit (PMS). The company has over 500 company-owned, dealer-assisted and dealer-developed gas stations spread across the country, oil storage depots in Lagos and Rivers states, a Power plant and a Joint User Hydrant Installation facility in Lagos. The company also sells its own range of automobile lubricants. In 2014 the company was included in the Morgan Stanley Capital International Frontier Market 100 Index.