SHOCKING AS govt warns Nigerians Stay away from Bitcoin, Swisscoin, others,

cryptocurrencies

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has warned Nigerians against investing in digital currencies, otherwise known as crypto currencies.
In a circular issued at the weekend, SEC stated that crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies and their promoters have no legal standing in Nigeria to provide comfort for any investor.
The Commission stated that none of the persons, companies or entities promoting crypto currencies has been recognized or authorized by it or by other regulatory agencies in Nigeria to receive deposits from the public or to provide any investment or other financial services in or from Nigeria.

According to the Commission, the public should also be aware that any investment opportunities promoted by these persons, companies or entities are likely to be of a risky nature with a high risk of loss of money, whilst others may be outright fraudulent pyramid schemes.
“Given that these instruments and the persons, companies or entities that promote them have neither been authorised, nor any guidelines and regulations developed for them by any of the regulatory authorities in Nigeria, there is no protection available to users or investors in these virtual currencies from financial losses if the virtual currencies fail or the companies promoting them go out of business,” SEC stated.
The Commission urged the public and consumers of financial services to ascertain that the entity with whom the investment or transaction is being made is authorized by the Commission or other financial services regulatory authority as applicable to provide such services before making any financial commitment.

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See How This Old Man Was Caught Looking At Yemi Alade’s BUTT - Photo

Men will always be men, irrespective of the age.

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See How Osun State University Students Invested Their School Fees In MMM

Labode Popoola, vice chancellor of Osun State University has revealed that several students have been unable to pay their school fees due to their investment in Mavrodi Mondial Moneybox, a popular Ponzi scheme.

He told told Saturday told Punch that students owe an estimated N2bn in school fees.

The professor said the institution would ensure that the undergraduates pay their tuition regardless of whether they are able to recoup their money from MMM.

He noted that the school’s registration portal would only be re-opened if many students pay their outstanding fees.

Popoola said:

“Some of them (students) used their school fees to invest in MMM. But whether MMM comes back or not, it is their headache. I have told them that we are not going to open the portal.

“If I see that a critical mass of the students pay, then we will decide to open the portal just for about 48 hours. But they must pay first.

“This is how we accumulated a debt profile of over N2bn, we cannot continue this way. They just have to pay the money.” 

“If I see that a critical mass of the students pay, then we will decide to open the portal just for about 48 hours. But they must pay first.

“This is how we accumulated a debt profile of over N2bn, we cannot continue this way. They just have to pay the money.”

The MMM Ponzi scheme went on break in December and recently announced the resumption of activities but it’s yet to be determined whether investors have started getting paid.

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I’m Waiting For Ambode To Arrest Me Like Pretty Mike – Bobrisky Rakes

Following the arrest of popular Lagos club owner, Mike Eze-Nwalie Nwogu, aka Pretty Mike for dehumanizing young girls by turning them into human puppies with chains round their necks. 

Intersexual cross-dressing, bleaching advocate, born Idris Okuneye, popularly known as Bobrisky, has openly dared Governor Akinwunmi Ambode to come and arrest him.

Recall that Governor Ambode had ordered the arrest of Pretty Mike after he made the photos of him attending a wedding with two ladies whom he chained to the neck went viral.

But Bobrisky, fondly called “Africa’s First Male Barbie, on his snapchat made it known that no one can come arrest him for being him.

Bobrisky was replying a comment after the question ‘Who is next to be arrested for indecent act’ and posted alongside Pretty Mike’s photo.

Someone mentioned Bobrisky and the cross-dresser immediately fired back, saying he is waiting for the Lagos state government to come arrest him.

He wrote @bobrisky222: You are all mad. I am waiting for him to come and arrest me.”

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BREAKING! This Woman And Her Son Went Out On Christmas Eve And Never Returned Home

A 33-year-old woman identified as Thandi Monne and her seven-year-old son Bophelo went out on Christmas Eve and that was the last time they were seen.

The South African woman drove away from her mum’s home in Sasolburg, Free State with Bophelo in her silver-gray VW Polo Vivo and the two have not been seen since.

According to her family, her phone is off and she is not at her apartment in Zamdela. Thandi’s mum, Daphne Chabangu (52), said her daughter lived with her boyfriend, but they can’t get hold of him either.

Daphne said: “We couldn’t reach her on Christmas Eve so we went to look for her. Her landlord said they realised before Christmas that Thandi had left without giving notice.”

The mum said they called Thandi’s friends and other relatives, but nobody knew where she was.

“We informed the cops about her disappearance, as her car is also missing. The cops searched for her at her friend’s house, but she wasn’t there. We finally opened a missing persons’ case last week,” she said.

The registration number of Thandi’s Polo is FNX 089 FS.

Police spokeswoman Lieutenant Livhuhani Hani said two missing persons’ cases have been opened.

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You Won’t Believe What Nnamdi Kanu Called Our President

Leader of the Indigenous People of Biafra (IPOB),Nnamdi Kanu, says he is a freedom fighter and not a coupist.

Speaking before Binta Nyako‎, justice of the federal high court, Abuja, on Thursday, Ifeanyi Ejiofor, counsel to Kanu, said his client committed no crime by advocating self-determination for the Igbo.

‎He said the Biafra agitation predated the administration of President Muhammadu Buhari, and that it was laughable that Kanu was accused of treason when all he did was ask for an independent state for the Igbo.

He, therefore, urged the court to quash the charges against his client.

“The Biafra agitation predates this present administration. The fact that the Honourable Justice Ademola decided that there was no incriminating evidence against the first defendants, he ordered his release but this was blatantly refused,” Ejiofor said.

“He’s a freedom fighter unlike people who overthrew a legitimate government in 1983. The court has no option but to discharge the charges. The court should trash the charges.‎”

But Shuaibu Labaran, counsel to the federal government and the prosecution,‎ urged the court to dismiss the application of the defence.

‎He said Kanu’s application to quash the charges against him lacked substance.

“We submit that the application has no substance, and should be discountenanced,” he said. “We urge your lordship to refuse the application.‎”

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4 Things You Never Knew About Olamide

Its only few artists that can release back-to-back commercially successful albums like Olamide Adedeji, one of the most successful Nigerian rappers.

Olamide’s 2011 debut album ‘Rapsodi’ thrust him into national prominence and ever since he has become the face of indigenous hip-hop.

Below are four things you never knew about the rapper who recently released his sixth album, ‘The Glory’.

1. Olamide Adedeji says he fell in love with music at “first sight” before the age of 11. His first performance after discovering his talent was at a “hood jam festival” in Ladi Lak, a community in Bariga, Lagos.

2. Olamide’s best childhood experience was with his father. The rapper has fond memories of being taken to the amusement park to go on rides.

3. At some point, the indigenous rapper was the most featured artiste in Nigeria but nowadays, he has his eyes set on foreign collaboration. Beyond these shores, Olamide says he would love to work with American hip-hop artiste, Jay-Z.

4. Before meeting ID Cabasa, Olamide was known as G-Dog (a hardcore rapper who flowed in the English language). ID Cabasa advised the rapper to change his stage name to ‘Olamide’ and helped him develop his indigenous style of music.

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See Photos of Edo State Politician That Uses Tricycle ‘Keke’ For His Wedding To Avoid Buhari’s Probe

Edo State politician, Hon Theophilus Momoh, some days ago got people talking after using a fairly used tricycle popular called Keke Napep.. When asked why he used keke for his wedding.He responded..

Why will I use a flashy car ? As you can see, I am a politician and I don’t want Buhari to probe me, so I had to use Keke Maruwa.

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Happy New Year to You All - Read This

Finally, 2016 has come to an end, and a new being starts with 2017 which we believe is filled with so many great things. Our prayer to you all is that every end is just a new beginning. 

Keep your spirits and determination unshaken, and you shall always walk the glory road.

With courage, faith, and efforts you shall conquer everything you desire. As 2016 has come to an end, so shall it will take away all the pain and mistakes. May the new year renew all the happiness and good tidings and hope the joyful spirit which comes from CHRIST ONLY keep glowing in your hearts forever!

Now you have a brand new beginning to look forward to… TeamBnaija wishes you a very Happy 2017!!!

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Checkout Pastor Adeboye’s 9 Prophecies For 2017

The General Overseer of The Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, has revealed his prophecy for 2017, noting that the new year will be a year of surprises.

Read his prophecies below;

For Nigeria

1. 2017 will be a year of surprises both for the oppressed and the oppressor. Surprise is a two edged sword

2. Those deliberately making life for the common man will be relocated

3. The downward plunge will slow down, stop and reversal will begin

For individuals

4. It will be a year of surprises

5. For prophets both true and false it will be a year of surprises

6. There will be quite a large number of weddings

7. Soul winners will see their prophecies fulfilled almost as soon they are uttered

At the international scene
8. There will be surprises for many world governments

9. They are coming in twos: monster earthquakes, monster floods, hurricanes and typhoons, monster tornadoes and monster fire outbreaks

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