CBN Sells Another $250m To Prop Up Naira Value

The central bank of Nigeria on Monday sold another $250 million to reduce market illiquidity and prop up the Naira value.

The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, said $100 million was injected into the interbank market, while both the Small and Medium Enterprises and Invisible segments were appropriated $85 million and $65 million respectively.

Okorafor further stated that the apex bank would inject more liquidity into the foreign exchange market in the coming days, noting that the intervention was necessary to enhance Naira stability by ensuring that pressures on the market from those seeking forex for school fees and vacation were eased.

The Naira improved by N3 from N370 per US dollar to N367 on the parallel market.


On the Investors’ window, the local currency closes at N359.58 against the US dollar, better than the N366.79 recorded on Friday.

Also, the Naira remain moderately stable against the British pound and the Euro-single currencies, traded at N478 and N433 respectively.

Traders were optimistic that the Naira would remain stable in the days ahead.

“While intermittent intervention is imperative to forex stability, reviving the manufacturing sector through the federal government diversification agenda remains key to long term sustainability and economic growth,” said Samed Olukoya, a foreign exchange research analyst at Investors king Ltd.

Inflation rate declined for a sixth consecutive month in July to 16.05 percent from 16.10 percent in June. The lowest since July 2016.

Oshi Agabi Creates Koniku Kore, Computer That Can Smell Explosives, Cancer Cells

NIGERIAN SCIENTIST CREATES A COMPUTER THAT CAN SMELL EXPLOSIVES AND CANCER CELLS

Silicon Valley-based Oshi Agabi has unveiled a computer based not on silicon but on mice neurons at the TEDGlobal conference in Tanzania. The system has been trained to recognise the smell of explosives and could be used to replace traditional airport security, he said. .

Eventually the modem-sized device - dubbed Koniku Kore - could provide the brain for future robots. Agabi is attempting to reverse-engineer biology, which already accomplishes this function with a fraction of the power it would take a silicon-based processor.

EYES OF LAGOS learnt that, He launched his start-up Koniku over a year ago, has raised $1m (£800,000) in funding and claims it is already making profits of $10m in deals with the security industry. Koniku Kore is an amalgam of living neurons and silicon, with olfactory capabilities — basically sensors that can detect and recognise smells. .

"You can give the neurons instructions about what to do - in our case we tell it to provide a receptor that can detect explosives." He envisages a future where such devices can be discreetly used at various points in airports, eliminating the need for queues to get through airport security. .



As well as being used for bomb detection, the device could be used to detect illness by sensing markers of a disease in the air molecules that a patient gives off. .

A self-described "scrawny, nerdy kid," Agabi grew up in the suburb of Surulere in Lagos, Nigeria and obtained a Bachelors degree in Physics from University of Lagos. .

He went on to do further studies in physics and neuroscience in Sweden and Switzerland. "One of the things growing up in Lagos imparts in you is grit," he says. "Lagos is a place that demands grit. Growing up there gave me an unconventional way of always looking at problems."

‘A world first’

Agabi said the Koniku Kore device is “a world first” and able to do just that, essentially through breathing in and smelling the air.

He said “major brands”, including those in the travel industry, had signed up and the start-up’s current revenues of $8 million (7 million euros) were expected to leap to $30 million by 2018.

One of the main challenges was finding a way to keep the neurons alive, a secret Agabi did not wish to expand on, saying only they could be kept alive for two years in a lab environment and two months in the device.

As AI improves in leaps and bounds, scientists are trying to make and succeeding in making machines more like our brains, able to learn and understand their surroundings: a prospect that is terrifying for many.

Musk, who has repeatedly warned about the perils of AI making humans obsolete, is working on a new project to implant “neural lace” brain-interface technology to prevent humans becoming like a “house cat” to potential machine masters.

However, Agabi, who grew up in Lagos where he helped his mother sell food on the streets, believes the future of AI lies in making machines more alive.

He believes his company could build a cognitive humanoid system based on synthetic living neurons in the next five to seven years. “It’s not science fiction,” he told AFP.

“We want to build a brain of biological neurons - an autonomous system that has intelligence. We do not want to build a human brain.”

Agabi did a bachelors degree in theoretical physics in Lagos before taking an interest in neuroscience and bio-engineering for his PhD in London.

African innovation at TED

He spoke at the opening session of the four-day TEDGlobal conference, putting African ideas, innovation and creativity in the spotlight with a variety of speakers who each get an 18-minute window to get across their message of choice.

TED - originally known as Technology, Entertainment and Design - has built a global following for its online videos of inspiring talks devoted to “ideas worth spreading”.

The annual international version is taking place in Africa for the first time in a decade with a new crop of “TED Fellows” from the continent to take to the stage.

“This gathering couldn’t come a moment too soon,” said TEDGlobal co-curator Emeka Okafor. “Africa has experienced spectacular economic, demographic and creative growth, but both opportunity and danger are rising at an exponential rate. Our conference will gather the idea catalysts, problem-solvers and change-makers already hard at work here charting Africa’s own path to modernity.”

source : http://www.eyesoflagos.com/2017/08/nigerian-scientist-creates-computer.html

UEFA Champions League Draw Today At 5pm

The draws would be held at the Grimaldi Forum in Monaco unlike previous held in Nyon, Switzerland.

Pot 1 contains the title holders and the champions of the top seven associations based on their 2016 UEFA country coefficients.[4] If the title holders are one of the champions of the top seven associations, the champions of the association ranked eighth are also seeded into Pot 1.

Pot 2, 3 and 4 contain the remaining teams, seeded based on their 2017 UEFA club coefficients.[5]
On 17 July 2014, the UEFA emergency panel ruled that Ukrainian and Russian clubs would not be drawn against each other "until further notice" due to the political unrest between the countries.[6]

Moreover, the draw is controlled for teams from the same association in order to split the teams evenly into the two sets of four groups (A–D, E–H) for maximum television coverage. On each matchday, one set of four groups play their matches on Tuesday, while the other set of four groups play their matches on Wednesday, with the two sets of groups alternating between each matchday.

The fixtures are decided after the draw, using a computer draw not shown to public, with the following match sequence (Regulations Article 16.02).


As well as deciding the make-up of the groups, the occasion will also see the presentation of a number of awards, including the UEFA Men's Player of the Year and Women's Player of the Year. The best goalkeeper, defender, midfielder and forward from last season's competition will also have their performances recognised at the ceremony.
UEFA Youth League

The youth teams of the 32 Champions League group stage participants also take part in the UEFA Youth League. However, unlike the Champions League, the Youth League features a total of 64 teams, with the youth domestic champions of the top 32 leagues also entering. Red Bull Salzburg won the 2016-17 Youth League, defeating Benfica in the final.

POT 1

REAL MADRID 

BAYERN MUNICH

JUVENTUS

BENFICA

CHELSEA 

SHAKTAR DONESTK 

MONACO 

SPARTAK MOSCOW 

POT 2

BARCELONA 

ATHELTICO MADRID 

PARIS ST GERMAIN 

BORUSSIA DORTMUND 

SEVILLA 

MANCHESTER CITY 

PORTO 

MANCHESTER UNITED 

POT 3 

NAPOLI 

TOTTENHAM 

BASEL 

ANDERLECHT 

ROMA

BESIKTAS

LIVERPOOL 

POT 4

CELTIC 

FEYENOORD

MARIBOR 

RB LEIZPIG 

SPORTING LISBON 

APOEL NICOSIA 

QARABAG

2018 World Cup Qualifiers: Mikel Obi, Odion Ighalo return for Nigeria (FULL LIST)

Team captain Mikel John Obi and forward Odion Ighalo are back in the Super Eagles. Also, Israel-based marksman, Anthony Nwakaeme, gets a first call as Super Eagles’ Technical Adviser, Gernot Rohr, on Tuesday released his list of players for the 2018 FIFA World Cup qualifying duels with Cameroon’s Indomitable Lions.

Germany-based defender Leon Balogun returns after missing the World Cup qualifier against Algeria and the Africa Cup qualifier against South Africa, while Chelsea of England’s wing back Victor Moses is also back after sitting out the duel with the Bafana Bafana in June due to injury.

Rohr has largely kept faith with his regular army, including goalkeepers Daniel Akpeyi, Ikechukwu Ezenwa and Dele Alampasu, defenders William Ekong, Elderson Echiejile and Abdullahi Shehu, midfielders Ogenyi Onazi, John Ogu, Wilfred Ndidi and Oghenekaro Etebo, and forwards Ahmed Musa, Moses Simon, Alex Iwobi and Kelechi Iheanacho.


Nigeria welcome the reigning African champions to the Godswill Akpabio International Stadium, Uyo on Friday, September 1, before flying to Yaounde for a quickfire return session on Monday, September 4.

The Super Eagles are top of Africa’s 2018 FIFA World Cup Qualifying Group B with six points, after wins over Zambia and Algeria in their first two matches, while the Lions lie second with only two points following 1-1 draws with Algeria and Zambia.

Seven other players have been placed on standby, but any of them would be contacted to move to camp only in the case there is any issue with any player on the list of 23.

THE FULL LIST

Goalkeepers: Daniel Akpeyi (Chippa United, South Africa); Ikechukwu Ezenwa (FC IfeanyiUbah); Dele Alampasu (Cesarense FC, Portugal)

Defenders: William Ekong (Bursaspor FC, Turkey); Abdullahi Shehu (Anorthosis Famagusta, Cyprus); Leon Balogun (FSV Mainz 05, Germany); Tyronne Ebuehi (ADO Den Haag, The Netherlands); Elderson Echiejile (Sivasspor FC, Turkey); Chidozie Awaziem (Nantes FC, France); Ola Aina (Hull City, England)

Midfielders: Mikel John Obi (Tianjin Teda, China); Ogenyi Onazi (Trabzonspor FC, Turkey); Wilfred Ndidi (Leicester City, England); Oghenekaro Etebo (CD Feirense, Portugal); John Ogu (Hapoel Be’er Sheva, Israel); Mikel Agu (Bursaspor FC, Turkey)

Forwards: Ahmed Musa (Leicester City, England); Kelechi Iheanacho (Leicester City, England); Moses Simon (KAA Gent, Belgium); Alex Iwobi (Arsenal FC, England); Odion Ighalo (Chang Chun-Yatai, China); Victor Moses (Chelsea FC, England); Anthony Nwakaeme (Hapoel Be’er Sheva, Israel)


STANDBY: Uche Agbo (Standard Liege, Belgium); Henry Onyekuru (Anderlecht FC, Belgium); Kenneth Omeruo (Chelsea FC, England); Aaron Samuel (CSKA Moscow, Russia); Alhassan Ibrahim (Akwa United); Stephen Eze (FC IfeanyiUbah); Ifeanyi Ifeanyi (Akwa United)

I WENT TO HIS HOUSE WITHOUT MY PANTIES AND THIS HAPPENED – GIRL NARRATES (READ )

A lady who is a dating a very successful young man is apparently begging to have s*x with him after observing the reluctance of the man to make the first move.

This lady who wrote her story to a relationship blogger and adviser, Joro Olumofin is scared that her man might be gay.
According to her, he has failed to have s*x with her despite all her efforts to seduce him. She recently approached him without her undies but the man only caressed her and left.
Read the full story below:-

What do you think the Babe should do for the Guy to Knack him?
Webvibez love doctors, Please advice her, She needs serious Knacking
Drop your comments.

My Lord, I Have Two Husbands, Can I Divorce One? - Woman Asks Ibadan Court

A middle aged woman married to two husbands in Ibadan has gotten the leave of a Customary Court to divorce one of the husbands .
The woman , Modinat Mufutau , on Tuesday told an Idi -Ogungun Customary Court , Agodi in Ibadan how she alternated two husbands in order to satisfy herself and get enough money to take care of her three children .
Modinat had begged the court to dissolve her 12 years relationship to one of her husbands , Ajadi Mufutau , for alleged lack of care and maltreatment .
She told the court that she met Mufutau in 2005 , and he impregnated her without marriage formalities.
The petitioner said that at the beginning of the relationship Mufutau pretended to be a nice and responsible man.
“ But when he impregnated me , he began maltreating and beating me whenever I demanded money for antenatal care.
“ I left his house after delivery and hooked up with another man , Saheed , who impregnated me two years later but turned me into a punching bag after delivery of my second child for him .
“ Later, I settled down with Mufutau , got pregnant for him again , but Saheed , who I have the second child for begged me to continue with him.

“ I decided to date two of them without any problem until they met each other in my rented apartment and fought.
“ My Lord , I have made up my mind to divorce Mufutau because he had stopped giving me money for the maintenance of the two kids I had for him since he fought his rival , Saheed , in my apartment, ” Modinat said .
Mufutau did not contest the petition for dissolution .
He said , “Modinat is a shameless woman. I was not aware that she still dates Saheed until I met him in the apartment I rented for her and she did not see anything bad in her action.
“ I just pray the court to allow the first child be in my custody so that I can properly take care of the child and I promise to support her for the care of my second child , ” Mufutau said .
President of the court , Chief Mukaila Balogun, and the court’ s assessors , Aare Samotu and Ganiyu Alao, agreed and dissolved the union .
The court awarded the custody of their first child to the respondent and the second child to the petitioner .
Balogun ordered Mufutau to pay N3,500 as monthly allowance for the upkeep of the second child and warned both parties against fomenting trouble .

Source : punchng

Forex Transactions On Investors & Exporters Window Hit $7.62bn

The total turnover of forex transactions on the Investors and Exporters window stood at US$7.62 billion as at August 11, a report has shown.
The increase, according to the monthly analysis by FSDH Merchant Bank Limited, has been consistent since April 2017.
They projected that the turnover in August 2017 would also be higher than that of July 2017.
The report pointed out that the implementation of the Investors’ and Exporters’ Foreign Exchange (FX) window has increased the supply of foreign exchange into the Nigerian economy.
In addition, it has attracted more investments into Nigeria.
“Consequently, we observed relative stability in the foreign exchange market. Companies and individuals are now able to access more foreign exchange in the market than before to carry out eligible transactions and economic activities are gradually picking up,” they added.
The Central Bank of Nigeria (CBN) introduced the special window for investors, exporters and end-users of forex on April 21, 2017 as part of its efforts to deepen the forex market and accommodate all forex obligations.
According to the CBN, the objective of the window is to increase liquidity in the forex market and ensure timely execution and settlement of eligible transactions.
The eligible transactions in the window are: invisible transactions such as loan repayment, capital repatriation, management services fees, consultancy fees, software subscription, technology transfer agreements, personal home remittances and any other eligible invisible transactions.
Another one is the Bills for Collection as well as any other trade-related obligations (at the instance of the customers).

The CBN stipulates that the supply of foreign currency to the window shall be through portfolio investors, exporters, authorised dealers and other parties with foreign currency to exchange to naira.
The CBN is also a market participant in the window to promote liquidity and professional market conducts.
“The introduction of the window has encouraged exporters to bring back their export proceeds to the country and through the official sources, thus increasing the stock of foreign exchange in the country. “Another important gain of the window is that it has attracted more foreign capital into Nigeria for various forms of investment.
“Our analysis of the capital importation data from the CBN between January and May, 2017 shows that there was a growth in capital importation in 2017 compared with 2016.
“The total capital importation in the five months ended May 2017 stood at US$2.09 billion representing a growth of 82.78% compared with the US$1.42 billion recorded in the corresponding period of 2016,” it added.
According to the report, Other Investments (OI) – Loans attracted the highest capital of US$886 million between January and May in 2017, followed by Foreign Direct Investment (FDI) – Equity of US$436 million and closely followed by Foreign Portfolio Investment (FPI) – Equity of US$413 million.
The report also revealed that capital imported into Nigeria increased significantly from US$244 million in March to US$563 million in April 2017, following the commencement of the programme.
The increased supply of forex led to an appreciation in the value of the naira as in the parallel market, the value of the naira appreciated by 7.87 per cent from N396/US$ on April 25, 2017 to N367.50/US$ as at August 11, 2017.
At the I&E window, the naira gained 2.82% from N374.96/US$ on April 25, 2017 to N364.78/US$ as at August 11, 2017. In the inter-bank market it also gained 0.1 per cent from N305.9/US$ on April 25, 2017 to N305.65/US$ on August 11, 2017.
“Although we commend the initiative and note the gains the Nigerian economy recorded since its implementation, we believe that the gains could be short-lived in the absence of complementary measures that will improve the competitiveness of the Nigerian economy.
“There is the need for concerted efforts to improve physical and human infrastructure in order to increase local production to meet local consumption and boost exports to generate diversified foreign exchange earnings,” it stated.
CBN Governor, Mr. Godwin Emefiele, had told Arise TV that the I & E window was opened up for more and more people who are interested.
“That was why we introduced the I & E window. We said if you wanted forex, you can go to that market and buy it once it fits the pricing structure of the goods or whatever you want to do.
“And that has helped to some extent in complementing the flow of forex into the market and has resulted in the appreciation that we have seen. It is the market that determines the direction of the exchange rate,” he had said.

Lady Shares Photo Of Herself And Sister Kissing In A Car, Sparks Outrage On IG

A lady has sparked serious debate on her Instagram page after she shared a photo of herself kissing her sister, Sonia inside a car. The lady named Jessica shared the photo with caption, "I love u sis".
However, many of her followers found the photo in bad taste and criticised her. Some even labeled her action incestuous despite efforts from other followers to defend the kiss as just an innocent sisters' kiss.
Meanwhile, Jessica's brother Cyril also commented to defend his sisters' action as just having fun and blast the Internet trolls.

China's Online Court Heard Its First Case Yesterday

The judge, defendant and plaintiff all met via video chat.
The Hangzhou Internet Court, a new online court in China that will hear internet-related civil cases, had its first trial yesterday. It was a copyright infringement case was between a novelist and a web company that offered her novel to online subscribers without her permission and everyone met via video chat. The judge and both sets of legal agents connected through the web from different parts of the country and the whole thing took around 30 minutes to conclude.
The whole process from beginning to end is done through the internet. The judge presiding over the cases is stationed in a Hangzhou-based courtroom where members of the public can watch a projection of the video feed. A computer program transcribes the trial. Anyone wanting to submit a case can file all required petitions and necessary documents online where they can also pay any fees. Court notifications are delivered online and anyone without a computer can use terminals made available at the courthouse.
China isn't the only country looking into online hearings. Canada recently launched an online tribunal for small claims disputes and the UK just began an online court pilot program. "The internet court breaks geographic boundaries and greatly saves time in traditional hearings," said Wang Jiangqiao, the online court's vice president.

Michael Asemota Returns N150 million Wrongly Paid Into His Account In Qatar

A Nigerian expatriate in Qatar became a millionaire for several hours after a bank mistakenly deposited more than QR1.5 million ($411,127.99) into his account recently.
The man, Michael Asemota, had opened an account with a cheque of QR150,200 with an undisclosed commercial bank, where heis the sole signatory of the account.
As he got back home, he received an alert showing that a QR1,502,000 had been credited into his account by mistake instead of QR150,200. Asemota went back to the bank and returned the money.
Speaking to Qatar Tribune, Asemota said,
”After opening the account with the bank, I checked my balance to make withdrawals for a supply job and found the huge sum. I was amazed and decided to contact the bank.
I went to see the manager to report the error of QR1,502,000 deposited into my account. After checking for confirmation, the manager gave me a warm handshake in appreciation.” .
Asked why he alerted the bank about the error, Asemota said,
”I knew the money did not belong to me and shouldn’t be in my account in the first place, so there were no motives and temptations to keep it.”

This is amazing

This is really wonderful

Grace Mugabe Assaults Gabriella Engels, Model In Hotel With Her Two Sons

Zimbabwe's President Mugabe's wife, Grace Mugabe, has been accused of assaulting a 20-year-old South African model, Gabriella Engels, she found at a hotel in Sandton‚ Johannesburg‚ around 9pm on Sunday night visiting the Zimbabwean president’s two sons.
“We were chilling in a hotel room‚ and they were in the room next door‚” Engels said.
“She came in and started hitting us. The front of my forehead is busted open. I’m a model and I make my money based on my looks‚” she said.
According to Gabriella Engels who suffered gashes to her forehead and scalp, she was beaten with an extension chord alongside her two friends while the two sons ran away and the Mugabe bodyguards looked on.
“What is a girl compared to a woman beating you and 10+ bodyguards standing back‚ leaving her to do this sh*t‚” she tweeted about the incident.
However after she reported the incident to the Police on Sunday Night, she was shown away by the police officer on duty‚ who told her to first seek medical attention.

Gabriella’s mother‚ Debbie‚ said they were going to the police station to open an assault case on Monday.
“When she got home I was already sleeping. She was in so much shock‚ she couldn’t tell me what happened‚” Debbie said.
“I rushed her to the hospital to get stitches and when she eventually calmed down‚ she told me she was assaulted by Mugabe’s wife‚” she said.
Garnet Basson‚ CEO of The Capital hotel group‚ where the alleged assault took place‚ said there was an incident that prompted management to ask guests to leave the hotel, as Zimbabwean news had reported before now that Grace was in South Africa for treatment following a “freak accident” in which she injured her right ankle.
“What happened in the hotel room‚ I don’t have a comment on ... I can’t disclose the name. We did have guests removed from the premises due to a scenario where we thought it was not good for them to stay there.
“It was almost a forceful exit‚ but it wasn’t. It was a decent exit after about a half an hour of discussions.”
Here are more photos and tweets

Photo of the day

I am speechless

Types of robots by application

Nowadays, robots do a lot of different tasks in many fields and the number of jobs entrusted to robots is growing steadily. That's why in my opinion one of the best ways how to divide robots into types is a division by their application.
There are:

*Industrial robots - Industrial robots are robots used in an industrial manufacturing environment. Usually these are articulated arms specifically developed for such applications as welding, material handling, painting and others. If we judge purely by application this type could also include some automated guided vehicles and other robots.

*Domestic or household robots - Robots used at home. This type of robots includes many quite different devices such as robotic vacuum cleaners, robotic pool cleaners, sweepers, gutter cleaners and other robots that can do different chores. Also, some surveillance and telepresence robots could be regarded as household robots if used in that environment.

*Medical robots - Robots used in medicine and medical institutions. First and foremost - surgery robots. Also, some automated guided vehicles and maybe lifting aides.

*Service robots - Robots that don’t fall into other types by usage. These could be different data gathering robots, robots made to show off technologies, robots used for research, etc.



*Military robots - Robots used in military. This type of robots includes bomb disposal robots, different transportation robots, reconnaissance drones. Often robots initially created for military purposes can be used in law enforcement, search and rescue and other related fields.

*Entertainment robots - These are robots used for entertainment. This is a very broad category. It starts with toy robots such as robosapien or the running alarm clock and ends with real heavyweights such as articulated robot arms used as motion simulators.

*Space robots - I’d like to single out robots used in space as a separate type. This type would include robots used on the International Space Station, Canadarm that was used in Shuttles, as well as Mars rovers and other robots used in space.

*Hobby and competition robots - Robots that you create. Line followers, sumo-bots, robots made just for fun and robots made for competition.

Now, as you can see there are examples that fit into more than one of these types. For example, there can be a deep sea exploration robot that can gather some valuable information that can be used for military purposes.

Also, I have seen that a division into two types is used, accordingly - industrial and service robots. However, I can not see how a Mars exploration rover fits into one of these general types. Therefore I have used "service robots" in a narrower manner. In my version a term "service robots" serves as "others". This is basically a type where robots that don't fit into other types should fall in.

Types of robots by locomotion and kinematics

As you can understand, robot's application alone does not provide enough information when talking about a specific robot. For example an industrial robot - usually, when talking about industrial robots we think of stationary robots in a work cell that do a specific task. That's alright, but if there is an AGV (Automated Guided Vehicle) in a factory? It’s also a robotic device working in an industrial environment. So, I propose to use both these classifications together.

So there are:

1. Stationary robots (including robotic arms with a global axis of movement)

1.1 Cartesian/Gantry robots

1.2 Cylindrical robots

1.3 Spherical robots

1.4 SCARA robots

1.5 Articulated robots (robotic arms)

1.6 Parallel robots


2. Wheeled robots

2.1 Single wheel (ball) robots

2.2 Two-wheel robots

2.3 Three and more wheel robots


3. Legged robots

3.1 Bipedal robots (humanoid robots)

3.2 Tripedal robots

3.3 quadrupedal robots

3.4 hexapod robots

3.5 other number of legs


4. Swimming robots

5. Flying robots

6. Mobile spherical robots (robotic balls)

7. Swarm robots

8. Others

Wondering about others? Yes, there are others. For example snake-like robots. There are many fields of research that deal with different innovative types of robots. Someday they will be very useful. However, by now I'll put them under the "others" type.

Of course, nothing of this is carved in stone, especially in robotics where everything changes almost monthly nowadays. Still, in my opinion these types of classification do their job well enough.

As you may have noticed, I use the classification by application as the main outline of this site. So if a certain type of robots interests you it’s possible to find more info about it on the left hand navigation menu if it’s there.

NIGERIA’S MANUFACTURING INVESTMENT HITS N3.7TRN IN 3 YEARS

Manufacturers in the country under the auspice of Manufacturers Association of Nigeria (MAN) have disclosed that Nigeria’s cumulative manufacturing investment stood at N3.79 trillion in 2016. This is according to a survey conducted by MAN and made available to EYES OF LAGOS in Lagos.
It indicated that in the second half of 2016, manufacturing investment increased to N448.94 billion from N309.33 billion recorded in the corresponding period of 2015, indicating N139.61 billion increases over the period. It also increased by N283.33 billion when compared with N165.61 billion recorded in the preceding period.
The association’s survey also indicated that manufacturing investment totaled N614.55 billion in 2016 as against N489.45 billion of 2015; depicting N125.1 billion increase over the period.
A breakdown of MAN’s findings showed that plant and machinery ranked highest with investment worth N189.84 billion; trailed by land and building worth N86.58 billion; assets under construction followed with investment worth N64.48 billion; motor vehicle was N58.05 billion; while furniture and equipment had investments worth N49.97 billion in the review period.

Besides, the sectoral group analysis showed that the highest proportion of total manufacturing investment in the period under review (38.0 per cent of N448.943 billion) went into the non-metallic mineral products group as investment in the sector surged to N170.81 billion from N1.15 billion of the corresponding periods of 2015; thereby indicating N169.66 billion increase over the period.
It also increased by N120.35 billion when compared with N50.46 billion of the preceding half. The survey also noted that investment in the sector totaled N221.27 billion in 2016 as against N18.82 billion total of 2015; translating to N202.45 billion increases over the period.
In addition, data generated from MAN survey also showed that 69.9 per cent of total manufacturing investment in the review period, which stood at N448.94 billion, went to Ogun; thus retaining the zone as the investment haven of the nation.
Breakdown revealed that investment in Ogun increased to N313.62 billion in the review period from N302.26 billion of the corresponding half of 2015; indicating N11.36 billion increase over the period. It also increased by N259.07 billion when compared with N54.55 billion recorded in the preceding half.
However, investment in the zones totaled N368.16 billion in 2016 as against N430.55 billion recorded in the 2015; depicting N62.39 billion decline over the period. Meanwhile, the association has also disclosed that its members suffered limited availability of borrowable funds and also high interest rate in the second half of 2016, which consequently affected their cost of goods produced in the country.
Particularly, a survey conducted by MAN showed that average cost of borrowing from the commercial banks increased to 23.3 per cent from 21.9 per cent recorded in the corresponding half of 2015; translating to 1.4 per centage point decline over the period.
In addition, it also declined by 1.9 per centage point when compared with 21.4 per cent recorded in the preceding half. According to the association, “high cost of borrowing was consistent across sectoral groups and industrial zones and was a major challenge to manufacturing in the period under review.”




source : www.eyesoflagos.com

Explicit video of woman getting felt up by a group of men goes viral and people are asking if it's sexual assault

A very vulgar video shot at the Caribana music festival in Toronto has gone viral and it shows a woman getting touched inappropriately by a group of men. The video got mixed reactions with some people saying she was "taken advantage of" by the men while others think she was a willing participant.

The video is being circulated under the hashtag #ThotVideo. It shows a woman with her breasts out of her top while men surrounded her, groping her breasts and other parts of her body and sticking their fingers into her mouth. At a point in the video, some of the men are seen sucking on her boobs.



The people who filmed the event said the girl was having fun and she did not appear drunk but people online still insist the men took advantage of her. They are calling it a possible sexual assault. Watch the video below and tell us what you think.

Go here  and here to see the videos. 

"I Masturbated On The Plane" - Princess Vitarah Lands In Germany

Nigerian Pussy singer Princess Vitarah just landed Germany and wants all her fans and those who care to know that she masturbated on the plane!

Nigerian Man Is Searching For A Husband For His Mother (Photos)

Twitter user, @Chimsom_BFAB wants to see his mother smile more as he has started a search for a husband for her. According to the US-Based Nigerian, only Christians are allowed.
view photos bellow

Winter from the Bad Girls Club goes completely naked in new photos

Kailey "Winter" Wilkey, who rose to fame when she appeared on season 16 of Bad Girls Club, has released new photos of herself in nothing but her birthday suit.

The reality star appeared bold in the photos, posing with only her limbs covering her private parts. Her naked body was covered in large tattoos. With muted makeup and a wet hairstyle look, Winter looked as natural as possible.

See more photos below.

7 most expensive South Indian celebrity weddings

Every girl has grand plans for her dream wedding with flowers, colours and lights, which comes straight out of Yashraj films. While for many some of these plans might not come true, here are some brides who got the ten fold of big-fat Indian wedding. We have already told you about the costliest Bollywood wedding, here are 7 most expensive South Indian wedding.

1. Brahmani Reddy and Rajeev Reddy: The mining baron and former Karnataka minister Gali Janardhana Reddy did not cut any corners to make his daughter Brahani’s wedding a dream come true. Brahmani married Rajeev Reddy, son of a Hyderabad-based businessman — Vikram Deva Reddy, last year in November at the most expensive south Indian wedding. G. J. Reddy spent Rs. 500 crore to make it a wedding to be remembered. It was certainly one of the most talked about wedding of the year.

2. NTR Junior and Laksmi: Nandamuri Taraka Rama Rao Junior aka South Indian actor NTR Junior married Lakshmi Rao, daughter of famous businessman Mr. Narne Srinivas Rao, on May 5, 2011. Lakshmi Rao who also runs a well-reputed studio by the name Studio N. The whole wedding fest cost around Rs. 100 crore including Rs. 18 crore spent on Kalyana Mandap and wedding invites which cost Rs. 3000 per invite. With a special song composed by Arjun and Geetha Madhuri and sung by Chaitanya Krishna, it sure was an expensive wedding worth remembering.

3. Allu Arjun and Sneha Reddy: Another grand South Indian wedding was of Tollywood star Allu Arjun and Sneha Reddy, daughter of prominent Telangana educationist, Kanchara Chandrasekhar Reddy. Allu and NTR Junior are said to be best friends and their wedding was a grand shindig. While NTR spent Rs. 100 crore on his wedding, Allu’s wedding cost an arm and leg and total amount spent on the wedding is said to be around Rs 90-100 crores. Allu and Sneha’s wedding invites cost Rs. 1200 each and Sneha’s Sari at engagement ceremony was worth Rs. 1 lakh. The wedding surely held couple’s expensive tastes.

4. Ram Charan Tej & Upasana Kamineni: Ram Charan Tej, son of politician K. Chiranjeevi, married his long-time girlfriend and grand daughter of Apollo Hospital’s Chairman, Pratap C. Reddy in a glittering ceremony. The budget had to have run in crores as the celebrities like Amitabh Bachchan, Rajnikanth, Bonny Kapoor and wife, Shri Devi attended the grand celebration. The couple’s wedding card was designed by the bride’s aunt and cost Rs. 1200 each. The venue of the wedding Temple Tree resembled a grandeur opera hall with the pearl strung halls and small balconies. The couple gave grandeur a new definition.

5. Dhanush and Aishwarya: The south-Indian actor and the voice behind the hit Kolaveri Di song, Dhanush married quite young to the ‘Thalaiva’s’ daughter, Aishwarya. Rajnikanth’s daughter who studied law and is a known director married Tamil Nadu Boy in a lavish wedding. Dhanush’s father too is a powerful figure in South Indian film Industry being a former director and producer. The joining of these two powerful families was a star studded for various Tollywood and B-town celebs like Amitabh Bachchan with wife Jaya, Hema Malini and others were present to see the couple join in holy matrimony.

6. Surya and Jyothika: The South Indian heartthrob, Surya married actress Jyothika in a beautiful yet expensive ceremony on September 11, 2006. The couple looked coy and joyous on the occasion. The wedding costs a mint including Jyothika’s sari which cost Rs. 3 lakh and diamond necklace. Various megastars like Kamal Hassan, Dhanush and Aishwarya and others attended the wedding of these two actors.

7. Sneha & Prasanna: The Kollywood actors tied the knot in a beautiful traditional wedding ceremony. It was a grand affair and the money spent on the wedding made it one of the most expensive South Indian weddings. Sneha’s 22k gold jewellery, including Todu, cost Rs. 2 lakh and her Addgai Patkam was for Rs. 6 lakh. It sure made for a golden wedding.

Mark Zuckerberg aims for YouTube's audience by launching a new video service on Facebook called 'Watch'

Everyone in the tech industry and beyond knows that Mark Zuckerberg is not here to play and he has just proved it yet again by announcing the launch of a new video platform called "Watch" that will feature live and recorded show episodes which clearly strays into YouTube's territory.

The new service will feature some live events that Facebook has acquired streaming rights for, including a weekly Major League Baseball game. Other shows will be produced by video partners including National Geographic, Time Inc., NASA and the NBA.

The shows that have been announced suggest that Facebook is primarily taking its cues from YouTube. A blog post about the new Facebook service stressed that it is organized around "friends and communities.

Users will be able to personalize their feeds and follow shows they like, much like YouTube's channel subscription model. They will also be able to comment in real time, and a tab will show what their friends are watching.

Facebook will initially make the platform available on its desktop and app versions to a "limited group of people" in the United States, before rolling it out globally.

Nigerian man says he is not gay but wouldn't mind having sex with Davido

Lol...Things we see on Facebook!

New MTN Night Plan ; Get 500MB For Just N25, 4GB For N200, 10GB For N500

MTN MTN MTN!!! I told you all, MTN are not playing at all.
MTN has launched another "splufik" awesome night data plan that is just wow!!! The new night plan is the most perfect replacement for the now insanely increased fee for Airtel's Unlimited Night plan.
With the new MTN night plan, subscribers on the MTN network gets 500MB worth of Internet data for just N25!!
Dang!!
Cool, right?

Subscribing for the night plan to get 500MB for just N25 is quite simple, just follow the easy steps below :

- Migrate to MTN iPulse tariff by dialing simple ussd code *406#

If you already are on the MTN continue to the second step
- A minimum airtime worth of N30 is required to be on you MTN SIM
- Text "NIGHT" without the quotes to 131
- You will get a response sms informing you that you have successfully subscribed to Free Night Browsing between 00:00 and
04:00 and that the token sum of N25 has been deducted from your account.

NB : the MTN night plan works within the night time of 12am – 4am.
It is also important to know that the night plan cannot be accumulated and you connot resubscribe for the plan once you have exhausted the given 500MB, not until the next day.
However, we can be wise about this and subscribe on multiple MTN sims *winks*
Doing this, you can get an awesome 2GB worth of Internet data for just N100, 4GB worth of Internet data for just N200 and so on.
Dope right? I know!
Do not forget to share this with friends using the share button
#cheers
#enjoy

Speaker Loses N9.2M To Facebook Hackers

Three men, accused of cyber crime and theft of N9.2million, property of Lagos State House Speaker, have been sent to Ikoyi Prison by a Federal High Court in Lagos, after they were docked today.

The men, Frank Nwokobia, 27, Ezeoke Kanayochukwu, 25, and Godwin Essien, 28, were charged by the State Criminal Investigation and Intelligence Department (SCIID), of the Lagos State Police Command, Panti-Yaba,of the Nigerian Police Force.

The police said the three men conspired to hack the Facebook account of the Speaker of Lagos State House of Assembly, Mudashiru Obasa, and also gained access to his account at Guaranty Trust Bank, where they stole his N9, 188,100.

The men, arrested in Delta state, were all arraigned before Justice (Professor) Chuka Obiozor, on five count charge of conspiracy, impersonation, and theft.

The Police prosecutor Barrister Williams Olu Ologun informed the court that the three accused were arrested in Delta State, after Obasa, petitioned the police that his Facebook account had been hacked into and that the sum of N9.188,100 million had been withdrawn from his account by unidentified individuals.

He also stated that upon the arrest of the accused , they voluntarily made statement admitting being into cyber crime business.



The offences alleged to have been committed by the accused persons are contrary to sections 27(1)(b) and 22(2)(b)(ii) of Cybercrimes Prohibition and Prevention Act, 2015.

The three accused pleaded not guilty to the charges.

Upon their pleas of not-guilty, their lawyer, Mr. Ali Abba,urged the court to admit them to bail in liberal terms,as they have credible sureties, and that they will always attend court for their trial.

Justice Chuka Obiozor, admitted the accused to bail in the sum of N5 million with one surety each.

The surety must be recommended by their lawyer,who must be resident of Lagos State, with landed property and three year tax payment.

The judge also stated that the property title documents and tax payment must be verified by the court’s Deputy Chief Registrar (DCR).

Thereafter, Justice Obiozor ordered that the three accused be remanded in the prison custody ,pending the perfection of their bail conditions.

N47.2 Billion and $487.5 Million in cash and properties have so far been traced to Diezani- EFCC claims, shares photos of seized properties

In a post it tagged "Diezani Alison-Madueke: What an Appetite!", EFCC says it has so far traced N47.2 Billion and $487.5 Million in cash and properties to Former Minister of Petroleum Resources, Diezani Alison Madueke. The post reads

"DIEZANI ALISON-MADUEKE: What an Appetite!
N47.2 Billion and $487.5 Million in cash and properties have so far been traced to the former Minister of Petroleum Resources in the Ex-President Goodluck Jonathan’s administration, Mrs. Diezani Alison-Madueke. This followed painstaking investigations by operatives of Nigeria's Economic and Financial Crimes Commission, EFCC".

View photos below 

Video: Burn survivor, Kechi Okwuchi, in a new performance, gets standing ovation from all judges on America's Got Talent 2017

Kechi gave a beautiful live performance last night on the America's Got Talent 2017 stage. Watch the video clip below

Dubai's Billionaire’s teenage son gets a £200,000 Ferrari covered in Louis Vuitton print, despite being too young to drive (Photos/Video)

Rashed Saif Belhasa, 15, the son of Dubai construction mogul Saif Ahmed Belhasas, has taken delivery of a brand new £200,000 Ferrari wrapped in Louis Vuitton print despite being too young to drive it.

Rashed who's nicknamed Money Kicks took to his social media accounts to flaunt his Ferrari F12 Berlinetta with its 6.3-litre V12 engine. But he will not be able to drive the super car until he turns 18, according to the legal driving age in Dubai.

The rich kid who has 659,000 followers on Instagram and 750,000 followers on his Youtube channel is known for flaunting his expensive purchases on social media.

At 15, Rashed owns a $1million dollar trainer collection and a Yeezy-inspired Cadillac Escalade. He also has a matching set of shoes and bag to go with the Louis Vuitton/Supreme wrap.

On his Instagram page, Money Kicks has photos of famous celebrities, including, Kelvin Hart, French Montana, Fat Joe, Kid ink, Brazil's Ronaldo and Zlatan Ibrahimovic among many others.

Photo of a 100 year-old man being led to the polling unit by his 70-year-old son in Kenya

A 70-year-old man led his 100-year-old father identified as Mzee to the polling station in Wajir County, Kenya to vote in the general elections on Wednesday

Photo credit: Ahmed Kadar

BREAKING: Court orders forfeiture of N7.64bn Diezani loot to FG

A Federal High Court sitting in Lagos on Wednesday ordered the interim forfeiture of the sum of N7,646,700,000 allegedly kept in Sterling Bank Plc by former Petroleum Resources Minister, Diezani Alison-Madueke.

The Economic and Financial Crimes Commission, EFCC, told Justice Chuka Obiozor-led court via an ex parte application that the N7.6bn was part of the sum of $153,310,000 which Diezani allegedly siphoned from the coffers of the Nigerian National Petroleum Corporation sometime in 2014.


The Commission also alleged that the former Petroleum Minister stashed the money in three Nigerian banks.

However, the Federal Government had since February 2016, through an order granted by another judge, Justice Muslim Hassan also of the Federal High Court, taken possession of part of the money from the other banks.



The anti-graft agency told the court that the Federal Government had recovered N23.4bn, $5m and another N9.08bn out of the $153.3m.

It, therefore, prayed the court to order Sterling Bank to deliver up to the Federal Government the N7.6bn still in its custody.

Justice Obiozor granted the order and directed the commission to cause it to be published

The judge then adjourned till August 28, 2017 for Sterling Bank and any other interested party to appear before the court to know why the funds should not be permanently forfeited to the Federal Government.

Secondary School Students Caught In The Act, Video Gone Viral (Download) I8+

End time student.

See their I8+ leaked video that has got social media buzzing.




We cant upload the video here, DOWNLOAD it here to watch (V!ewer’s D!scretion)