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BLACKBERRY STOPS MAKING HANDSETS: lost its break-evenness to competition.

Blackberry

BlackBerry, the Canadian firm that helped pioneer the smartphone market, said Wednesday it will stop making hand sets, outsourcing production to an Indonesian partner.

Hand sets with the BlackBerry name will be produced under license by PT Tiphone Mobile Indonesia Tbk, allowing the Canadian firm to concentrate on software and services, a statement by the firms said.

BlackBerry, which a decade ago was among the largest smartphone makers, has seen its global market share slip to less than one percent amid domination by Apple and Android devices.

As the market shifted, BlackBerry has sought to refocus on software, including security applications, and the latest announcement takes the company out of the handset market entirely.

“We are reaching an inflection point with our strategy. Our financial foundation is strong, and our pivot to software is taking hold,” said chief executive John Chen, pointing to a doubling of software revenue in the last fiscal year.

“The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital.”

The Waterloo, Ontario-based company has made several efforts in recent years to find new customer niches as its smartphone handset sales continued to stagnate in the face of competition.

It had hoped its first Android-operating smartphone launched last year would help restore the company to its former glory.

But sales were lackluster.

Earlier this year, BlackBerry announced it was killing off its Classic smartphone with a physical keyboard — once the workhorse of the smartphone market — as part of a modernization of its lineup.

But the company has continued to bleed red, posting on Wednesday a US$372 million loss in its second quarter ending August 31, and US$334 million in revenues.

N3.2bn fraud: EFCC re-araigns ex-governor Kalu with two others.

O U Kalu

The Economic and Financial Crimes Commission has re-arraigned a former governor of Abia, Orji Kalu and two others on a 34-count amended charge bordering on fraud.

Kalu, his company, Slok Nigeria Limited and his former Commissioner for Finance, Jones Udeogo, were re-arraigned before Justice Anwuri Chikere of the Federal High Court, Abuja on Tuesday.

The defendants’ plea that the court should await the pending appeal by Slok before the Supreme Court failed.

Chikere had refused the defendants’ objection to their arraignment and ordered that the charge be read to them.

Kalu and others were, in the amended charge, accused of diverting about N3.2 billion from the Abia government’s treasury during Kalu’s tenure as governor.

They all pleaded not guilty to the charges and Chikere allowed them on bail on the terms attached to the bail granted them on April 30, 2008.

They had, eight years earlier been arraigned before Justice Adamu Bello, who is now retired.

The court adjourned the case till Dec. 6 for commencement of trial.

MIKEL OBI'S MANSION: ASOKORO....

Check out Mikel at the left foot of the house in Chelsea attire!

The house is a concrete built edifice; cement cast from the foundation to the top without bricks laying. Such kind of a house implies bullet proof architectural design. As it is, you can be sure of it as a western world mediterrano-style-mansion on the Nigerian landscape. Feel free and assume....

With annual salary of approximately $6million(N1.14bn) outside revenue from endorsement and commercials, you would be plunged into what is left of such accruals than how to marshal it's spending.

KEEP YOUR HOPES FLYING: its about a few steps closer to tackling RECESION as FG is to receive over $1.8Billion from AFDB.

Dr. Akinwunmi Adesina and President Buhari

The Federal Government is to receive funds in excess of $1.8 Billion from the African Development Bank to help tackle recession.

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, made this known in Abuja on Monday.

Dr. Adesina in Abuja announced different economic stimulus packages amounting to billions of dollars to help address the nation’s economic crisis.

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'NIGERIANS WILL SEE PROMISED CHANGE BY 2018', ...OSIBANJO(VP).

Prof. Yemi Osibanjo(VP)

Yemi Osibanjo has assured Nigerians that they will witness the change promised by the Muhammadu Buhari administration in another couple of years.

Osinbajo made the statement on Sunday, September 11, 2016, after a church programme in Abeokuta, Ogun State.

“There are lots of people who will say where is the change they promised. People will condemn and shout, but we are very focused, calm and extremely confident that God is on our side and this country will not be the same," he said:

“In another couple of years, we will see the difference. All of us have a part to play in the change. Nigerians must be patriotic in our dealings and daily activities. We should be committed to the nation."

FAZE REVEALS HOW HE MEETS BLACKFACE & 2FACE!

Faze

Things might not be so rosy between former band mates, Faze disclosed that he would forever be grateful to Blackface for believing in him.

“Blackface was the first person to believe in me and he was also the first person to believe in my talent. He gave me the required push to succeed as an artiste and made me realise that I had a talent which could be expanded. When I first started out, I used to go for talent hunt competitions and Blackface always urged me that I would win, surprisingly, I always won in those competitions. He is part of my success story because he made me believe that I could break through in the industry,” he said

The singer said Blackface did not only encourage him to be a great singer but was also the reason he joined the Plantashun Boys and later began living with them.

“Blackface was the one that urged me to join the Plantashun Boys because the combination of himself and Tuface was not strong enough. He felt that if a third party with their kind of flavour came into play, it would make the band better. He was the one that made the decision and he was right. Shortly after I joined Plantashun Boys, Blackface advised me to move in with them at FESTAC. He said that if I was going to be a part of them, I would have to stay with them so that we could all understand ourselves better and connect easily. Right now, I am very close to Tuface and Blackface and we are like family.

FEDERAL GOVERNMENT RELEASES FRESH N350b TO STIMULATE ECONOMY!

The Minister Finance; Mrs. Kemi Adeosun

The Federal Government, in a bid to stimulate economic activities, on Friday said that it would release additional N350bn for capital projects captured in the 2016 budget.

The Minister of Finance, Mrs. Kemi Adeosun, gave the figure while briefing journalists on intervention measures being taken by the government to reflate the economy which is currently in recession.

She said that the provision of the additional N350bn brought the total capital releases made by the government to N760bn.

She said since the economy is currently in recession, the level of consumer demand would be reduced drastically hence the need for government to step in by injecting liquidity.

BURNA BOY WENT VIRAL IN MAKURDI, BENUE STATE WITH HIS PERFORMANCE!

Burna Boy

Over the weekend, Burna Boy practically shut down Makurdi, the capital city of Benue State in his typical electrifying style at the Star Larger sponsored show, Star Music Trek 2016.

The controversial singer who was to perform at the show tagged My City Rocks, alongside superstars like 2Baba, Ice Prince, Wande Coal and Cynthia Morgan, delivered a jaw dropping performance that left fans asking for more. The energy was infectious as the audience screamed excitedly, singing along as he performed.

The fire cracking performance lasted for forty minutes and saw the songster dish out many of his hit songs. From his On A Spaceship album, he performed hit songs like Duro Ni Be and Rizzla. Other hit singles like Check and Balance,Yawa Dey, Don Gorgon, Soke , Like To Party, Run My Race were not left out.

NOW YOU FARM ANTELOPE TO LEVERAGE THE ECONOMIC 'RESOURCEFULNESS'.

Antelope farming does not require millions of naira to start. With about N300, 000 to N500, 000, one can kick-start with one family of antelope called a pair- depending on the specie and age. This comprises one male and one female. They are reared in a pen or free-range system. I advise new entrants to buy them at the breeding stock stage of eight to nine months. If you buy at this stage and rear them for seven months, they will start making babies at 15 months and you can start making profit.

This is indeed a development! Already, we have grass cutter farming which is known to the concerned farmers. Now, it is Antelope farming. What a development!. I encourage the concerned and the interested to take advantage of this. 

WORLD FOOTBALL LEGEND; PELE VISIT LAGOS, NIGERIA.

Pele

Brazil’s football legend, Edson Arantes do Nascimentor, popularly known as “Pele’’ will be the country in August for a two-day programme on youth development and empowerment.

The facilitators of the visit, Winihin Jemide Series (WJS) and Youth Experience Days Africa (YEDA), made the disclosure at a news conference on July 15 in Lagos.

The football great, is renowned for many achievements, including scoring 1,281 goals in his professional career.

MY RELATIONSHIP WITH ONYEKA- King Sunny Ade.

Onyeka and Sunny Ade.

The song, Wait for me, by Onyeka Onwenu and King Sunny Ade, would remain evergreen and of course, many years ago, so many people believed that the duo would have had one or two things going on between them for them to have released such song.

However, KSA, as Sunny Ade is fondly called, during a press parley on his 70th birthday, said there was nothing between him and the Elegant Stallion, Onyeka.

According to KSA, the song was just a gimmick to drive home a message for a healthy relationship among the youth back then.

EZURUIKE SET PARALYMPIC RECORD, WINS GOLD: LATIFAT TIJANI WINS SILVER!

Rolland Ezuruike

Team Nigeria’s Rolland Ezuruike on Friday won the country’s first gold of the Rio 2016 Paralympics after setting a new Games record.

The 40-year-old lifted 200kg in the men’s -54kg weight class in the Power lifting event hours after Latifat Tijani won the country’s first medal at the Games – a silver in the women’s -45kg weight category of the same event.

Latifat Tijani

For Tijani, she could have clinched gold if not for the outstanding Chinese, Hu Dandan, who won gold.

It was a close call between the two as Tijani set the tone for breaking the Paralympic record with her first lift of 101kg before Dandan further broke the record with a lift of102kg.

The 2014 Commonwealth Games silver medallist was largely unchallenged in the event as he led throughout his three attempts. Ezuruike broke the Paralympic record with his first lift of 185kg and never looked like he was going to lose his lead.

ORUBEBE GETS #10M BAIL FOR ALLEGED DIVERSION OF #2.3bn!

Godsday Orubebe

An Abuja High Court on Wednesday granted bail to Godsday Orubebe, a former Niger Delta Affairs Minister, in the sum of #10 million for allegedly diverting N2.3 billion.

The court also granted bail in the sum of N20 million each to Oludare Alaba and Ephraim Zeri, Director of contract in the ministry.

Orubebe, Alaba and Zeri were arraingned on a six-count charge by the Independent Corrupt Practices and other related offences Commission (ICPC).

ABANDONED BABY FOUND CRAWLING ON THE ROAD!

...yet to determine his identity.

Resident of Shodipo Crescent in the Ikeja Government Reserved Area of Lagos State were shocked on Wednesday to findan. Abandoned baby boy crawling on the road.

...learnt that the about-nine-month-old baby, Was seen crawling by resident who quickly alerted some policemen on patrol in the area. 

NIGER STATE POLICE COMMAND EXCLUDES BUSINESS MEN & ENTERTAINERS FROM POLICE PROTECTION!

Suleiman Isah; state head-police division.

Niger State Police Command on Wednesday confirmed that businessmen and entertainers are not constitutionally entitled to private Police protection in the state.

The Police Public Relations Officer, Bala Elkana, in an interview with our correspondent in Minna, said that the primary role of the Police is to protect lives and property of the people. “We are not part of anything short of that,” he said.

EID-EL-KABIR: FEDRAL GOVERNMENT DECLARES MONDAY & TUESDAY AS PUBLIC HOLIDAYS!

A. Dambazau

The Federal Government has declared Monday and Tuesday, September 12 and 13 as public holidays to mark the Eid-el-Kabir.

The Minister of Interior, Retired Lt.-Gen. Abdulrahman Dambazau, made the declaration on behalf of the Federal Government in a statement signed by the acting Permanent Secretary in the ministry, Muhammadu Maccido.

VLADIMIR PUTIN BUILDS NUCLEAR AS CHANCE OF WAR!

VLADIMIR PUTIN

VLADIMIR Putin could be preparing for all-out nuclear war with the West after investing heavily in top-secret nuclear bunkers.

The new facilities, built in strategic locations around Moscow, have raised concerns that the Russian leader could be prepping for a devastating radioactive battle with the West.

Putin has allegedly also ordered a 400-square mile facility to be carved into a secluded region of the Ural mountains, from which he could direct the conflict.

OGUN STATE PERMENENT SECRETARY DIES 24HOURS AFTER SWEARING IN!

Mrs OLUBUNMI ODUMUSI

Odumusi, 57, was said to have died in her sleep around midnight on Friday, September 2, after a prolonged cancer battle.

A newly sworn in Permanent Secretary of the Ogun State Ministry of Information and Strategy, Mrs Olubunmi Odumusi has died.

CHECK OUT THE RICHEST ACTION MOVIE STAR IN THE WORLD!

SHARUK KHAN

A lot of actors have had their niches somewhat in the movie industry.
However, it was Shah Rukh Khan, who was the only Indian actor in the top 10 combined rich list of 'Bollywood' and 'Hollywood' stars. Khan was found to be richer than Hollywood giants like Tom Cruise, Tom Hanks, Clint Eastwood or Adam Sandler.

Wealth X said "Khan is estimated to be worth $600 million. Immensely popular around the globe as well as in his home country, India, Khan is also a producer, TV host, co-owner of an Indian cricket club and a philanthropist. He has appeared in more than 50 Bollywood films and is a regular at the annual Cannes Film Festival".

JERRY SEINFELD

Wealth-X's Hollywood and Bollywood Rich List released on Wednesday puts comedian Jerry Seinfeld right on top of the rich list. With an estimated net worth of $820 million, the 60-year-old comedian emerged as the wealthiest actor.

NOW, HUMAN DEAD BODIES ARE TURNED INTO DIAMONDS. Check it...!

Algordanza, a Swiss company, has taken a fascinating and unexpected approach to memorializing our loved ones who have passed; They will compress and super-heat your loved one’s cremated ashes and turn them into a man-made diamond that can be worn and cherished.
It all begins with a chemical process that extracts the carbon from the departed’s ashes. This carbon is then heated to convert it into graphite. That graphite is then heated to as many as 2,700 degrees Fehrenheit and subjected to forces as high as 870,000 pounds per square inch. The color of the finished diamond, which can range from white to dark blue, depends on the boron content of the ashes of the deceased. The prices begin at 4,259 Swiss Francs ($4,474 USD) for a small diamond with no additional service.

BOKO HARAM VICTIMS (the IDPs).

An internally displaced person (IDP) is someone who is forced to flee his or her home but who remains within his or her country's borders. They are often referred to as refugees, although they do not fall within the current legal definition of a refugee.

Federal Government says it remains committed in its efforts to ensure that all IDPs are well catered for wherever they are.

FG says that through NEMA, it has distributed thousands of bags of essential food and non-food items to Nigerians in Cameroon, Chad and Niger, according to a report by the Presidency.

After all, Bakasi camp in the area of Damboa Road, Maiduguri, Borno State suffered famine the whole of June. Could any NEMA explain this?

SINGER CHRIS BROWN ARRESTED FOR GUN POINT ASSUALT

Police in Los Angeles have arrested the US singer Chris Brown on suspicion of assault with a deadly weapon.

A woman made a call to police, saying he had threatened her with a gun at his mansion in Los Angeles.