Why OPEC members are cutting petroleum prices – Ibe Kachikwu

The current practice by the Organisation of the Petroleum Exporting Countries (OPEC) members of cutting the prices of their crude oil goes beyond just retaining market share.

Many are also desperate to meet economic development targets, which are being frustrated by the twin problems of oil price crash and market glut.

Explaining why more members are finding price-cuts more attractive, Nigeria’s Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, said that such members “just want to cash into the system to help their development.”

Nigeria Army in search for pro-Biafra publishers in Aba

Soldiers have launched a manhunt for publishers of pro-Biafra newspapers in Aba, Abia state.

A vendor who spoke on the condition of anonymity said that a group of soldiers accosted him and some of his colleagues demanding them to disclose the identity of the publishers of the Biafra newspapers circulating in the city.

It was gathered that one of the vendors identified as Emeka is suspected to have been arrested by soldiers.

Chevron says it spends $3.6 billion on local content in Nigeria

Chevron Nigeria spent $3.6 billion on Nigeria content in 2015 as part of its commitment to local capacity building in boosting local economies and creating job opportunities.

The company said in its 2015 Corporate Responsibility Report that it consistently reserves significant portions of job scopes to benefit indigenous companies and community contractors from areas close to its operations.

According to the report, Chevron established the first and only simulation training facility for operations and maintenance training in Nigeria, which is operated by a local contractor.

Federal Government initiate steps to counter Shekau’s threat on Abuja

Recent clampdown in Abuja, the Federal Capital Territory (FCT), on hawkers, beggars and other miscreants at busy bus stops and hubs may not just be about maintaining law and order in the FCT after all.

Rather, as it was gathered, the renewed raid since last week is response to recent Boko Haram leader, Abubakar Shekau’s threat to attack President Muhammadu Buhari, Tukur Buratai, Chief of Army Staff (COAS) and Sani Usman, spokesman of the Nigerian Army.

Balogun Fulani of Ilorin Dies At 76

The Balogun Fulani of Ilorin , Alhaji Mahmud Durosinlorun Atiku, is dead.

He was one of the four high chiefs of Ilorin Emirate and the most senior.

He died in the early hours of on Tuesday at the age of 76 and has since been buried according to Islamic rites .

Drake Hails Eminem in Detroit, brand Him “Greatest Rapper to Ever Get on the Microphone”

It looks like all of those rumors about Eminem being on the verge of going at Drake on wax were, to put it mildly, a little off base. On Tuesday night, Drizzy brought Eminem onstage during the Canadian’s show at Joe Louis Arena in Detroit. The entrance, with Em coming up from underneath the stage, was very dramatic.

Drake paid tribute to the hometown hero, bowing down to Eminem and calling him “the greatest rapper ever to get on the microphone.”

Taylor Swift Pledges $1million To Louisiana Flood Relief After Historic Flooding

Due to torrential rains, Louisiana has suffered some of its worst flooding in years which has left 11 people dead and damaged 40000 homes. Taylor Swift has announced she will be donating $1million to help with disaster relief efforts.

‘We began The 1989 World Tour in Louisiana, and the wonderful fans there made us feel completely at home. The fact that so many people in Louisiana have been forced out of their own homes this week is heartbreaking,’ the 26-year-old said in a statement.

Oba of Lagos To President Buhari: You Are No Longer A Military Man

The Oba of Lagos, Oba Rilwan Akiolu has reminded President Muhammadu Buhari not to forget that he is no longer a military man.

The monarch said the ongoing economic hardship in the nation could not be totally blamed on former President Goodluck Jonathan.

He spoke in Lagos during the unveiling of SunTrust Bank Limited, the first commercial bank to be licensed by the Central Bank of Nigeria in 15 years.

LMAO! Watch How Japanese Erect Penis Cost Him A Medal in Pole Vaulter at #Rio2016

Hiroki Ogita, a Japanese pole vaulter, has two major reasons to be upset after the pole vault qualifications at the Rio Olympics: the 28-year-old failed to make the pole vault finals and he sustained what looked like a serious penis injury.

Watch video below:

Scientists says Laziness Is Actually A Sign Of High Intelligence

Brainy people spend more time lounging around than their less intelligent counterparts, a new study has found.

People with a high IQ rarely get bored, leading them to spend more time lost in thought, according to scientists Florida Gulf Coast University.

The results suggest that less intelligent people are more prone to boredom, and may use physical activity as a way of alleviating it.

US to send FBI To Assist Nigerian Military To Counter Terrorism

The counter-terrorism war of the Federal Government got a boost yesterday with a promise from the United States (U.S.) Government to send officials from its Federal Bureau of Investigation (FBI) and other security experts to the country.

They (FBI) operatives are to offer technical assistance to the Federal Government to deal with terrorism.

Acting Deputy Chief of Mission, U.S. Embassy in Nigeria, Alan Tousignant, made the disclosure yesterday in Abuja when he led a security delegation to Interior Minister Abdulrahman Dambazzau.

CBN Increases Bureau De Change (BDC) Weekly Supply To $50,000

The Central Bank of Nigeria (CBN) has increased the weekly supply of Bureau De Change (BDC) operators from licensed banks from 30,000 dollars to 50,000 dollars.

Mr Kennedy Uzoka, Group Managing Director (GMD) United Bank for Africa (UBA), disclosed this on Tuesday in Abuja while addressing a media conference on the outcome of the 328th Bankers’ Committee meeting.

Airforce Releases Video to debunk reports that they Killed Chibok Girls during Operation (WATCH)

The attention of the Nigerian Air Force has been drawn to the latest video released online by the Boko Haram Terrorists (BHT) group alleging the killing of some of the abducted Chibok school girls by Nigerian Air Force fighter jets. It is pertinent to state that the video is not only a ruse but another mischievous effort by the dying sect to draw public attention to itself.

Bayelsa State | Thugs attack protesting council workers, journalists

There was pandemonium at the secretariat of Yenagoa Local Government Area, Bayelsa State, on Tuesday as thugs descended heavily on workers protesting backlog of unpaid salaries.

The thugs reportedly used bottles, stones and other weapons in the attack that injured the workers who were demanding the release of the Federal Government’s bailout fund.

Journalists were not also spared in the attack as some of them sustained injuries and had to scale the fence to escape the violence.

Sports Minister says Nigeria will not leave #Rio2016 without medals

Minister of Sports, Solomon Dalung, has said Nigeria will not leave the ongoing Olympics in Rio, Brazil without a medal. A statement by the press officer of Team Nigeria, Tony Ubani, said Dalung said this after receiving a N30 million assistance to the Nigerian Team from a commercial bank.

So Sad! Nigerian Footballer dies during training at Azerbaijani club

20 year old Nigerian footballer, Michael Umanyika died yesterday August 15th while training with Azerbaijani First Division club, Zagatala PFK. Azerbaijani is a a country in the Transcaucasian region, situated between Southwest Asia and Southeastern Europe.

Johnny Depp settle domestic violence case with Amber Heard

According to TMZ, Amber Heard has dismissed her domestic violence restraining order petition against her estranged husband, Johnny Depp, as the case has settled. Read the report below:

Amber and Johnny filed legal docs Tuesday in which Amber withdrew her request for a restraining order. She had alleged Johnny brutalized her on May 21 but now the case is over. She dismissed the case with prejudice, meaning she can never re-file it.

Paul Pogba has a new pink hairdo ... (See Photos/Video)

Paul Labile Pogba, the world's most expensive player, who plays for English club Manchester United and the France national team, shared a look at his new pink hairdo, via his Instagram page.

Watch video below:

What Should I Do? I need S*x Four Times Everyday, But My Boyfriend is Lazy

Please, don't Judge me.

I have been dating this guy for 5 months now and it’s been crazy! We have s*x like thrice in a week and it’s killing me because I want it over four times a day everyday!

I live with him in his hostel in school.

Pls Help! Everytime I Meet My Cousin We Always End Up Having S*x

A girl is in need of urgent help to stop a very bad habit. According to Yoanswers, the girl has been sleeping with her cousin for a long time now and can't seem to stop.

Read below:

Somebody please help me. I am really close with my big cousin and we have always had a connection. I am 15 and he is 17 and we have quite a big family so there is quite a lot of family get-togethers.

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From a Tea Boy to a Millionaire Businessman ... Read Inspiring Story of a Teenager (PHOTO)

A former tea boy at a finance firm has made a shocking transformation after successufully working his way up the ladder of success.

Dailymail reports that Robert Mfune, a college student made a thousands of pounds trading from his bedroom while working part-time shifts at McDonald's. He was just 16 when he learned the basics of binary trading by running errands at a finance firm after classes.

See the Nigerian Man Contesting for State Election in Germany (Photo)

A Nigerian citizen is currently vying for a public office in Germany, Europe with the news proudly being discussed in the Nigerian media space. 

Mr Charles Njoku is a Nigerian of South Eastern Origin who is running for a public office in Germany.

Yay or Nay! See the controversial semi-nude dress that has got everyone talking (PHOTOS)

This bizarre dress was proudly worn by a shameless young lady which reveals her body parts, has met condemnations, mixed reactions and criticisms by angry online users who found it inappropriate.

The identity of the lady and where she wore the dress to was not ascertained as at the time of filing this report.

Crisis rocks Ondo APC as Members Impeach Chairman Over Tinubu's Endorsement

Some members of the All Progressives Congress in Ondo State on Tuesday, has claimed that they have impeached the chairman for his involvement in the endorsement of an aspirant ahead of the governorship primaries. 

The All Progressives Congress in Ondo State on Tuesday erupted in a crisis with some members claiming they have impeached the chairman, Isaacs Kekemeke, for his involvement in the endorsement of an aspirant ahead of the governorship primaries slated for August 27.

See Uncompleted Church Building that is Now a Renowned S*x Ground (PHOTOS)

This is the uncompleted church building that is causing some controversy. The church group’s house of worship (name withheld) was started some time ago, and is still not finished after seven years.

However, according to Daily Sun SA, ever since the walls went up, strange noises started coming from the place at night.

Fearing ghosts had moved in, residents went to look in the day – and found out that the holy ground had become a place where people have s*x at night.

IBB at 75: I'm not an 'Evil Genius' as Portrayed - IBB Says

To mark his 75th birthday, Former Head of States Ibrahim Badamasi Babangida (IBB), has said he is not the evil genius that many people consider him to be. 

While speaking with journalists at his residence in Minna, Niger state, on Tuesday, former Nigerian head of state, Ibrahim Badamasi Babangida (IBB), says he is not the evil genius that many people consider him to be, adding that he would make the national assembly optional if he had the chance to, because of a need to cut down the cost of governance.

Say What | Female Athlete 'Dives' Across Finish Line to Win Gold Medal at #Rio2016

Female Olympian, Shaunae Miller, representing the Bahamas has shocked the world with a dive feat which earned her a place in the competition’s Gold ranking table.

The sprinter who pulled what has been described as one of the wildest and most spectacular finishes in the Rio 2016 competition finished first in the women’s 400m race as she dived her way across the finish line.

Running Bride: She Ran away from Her Wedding after Discovering Her Man Isn’t A Chevron Staff

According to a Facebook user who shared the photos yesterday,a bride just discovered that her man is not a Chevron staff as he claims to be and called off her wedding in Akwa Ibom.Below is what she wrote…..

‘THIS AFTERNOON AT EKET

Manchester City signs Spanish defender

Manchester City has completed the signing of Pablo Mari from Spanish outfit Gimnastic, it was announced on Monday. 

Gimnastic confirmed in a statement the 22-year-old Mari had been signed by Pep Guardiola's side. 

However, reports in Spain suggest the defender will be loaned out to second division side Girona for the 2015-16 season.