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Financial Decisions You Shouldn’t Be In A Rush To Make As Entry Level Employee

Follow @NigeriaPI There are very few things in life that is as satisfying as getting a job soon after graduating from University. As such, it isn’t strange to see entry level employees suddenly feel they have ‘arrived’ and can now enjoy all the “good things” that comes with life. Unfortunately we all have limitations in life which makes our wants are always limited to choices. It is why no matter how much we earn it is never enough to cater for all our needs. Whilst your newly earned salaries puts you at the start of financial independence, there are certain financial decisions you may be tempted to make that can put you quickly on the path of financial ruin and take away money that would have been better served for investment purposes. Here are some example; Consumer Loans – The moment you pick up that plum job and start seeing your bank accounts swell, banks, shops, and businesses that offer all sorts of consumer products will approach you. In Nigeria, it is a given to be offered debit cards once you open a bank account. What follows next are credit cards and all kinds promos that makes acquiring things you need and don’t need pretty easy to acquire. For those who find it hard being frugal it’s the easiest way into financial ruin. You must try to avoid them except where necessary and start by learning to live according to your means. Cars Cars are an important aspect of life and as Nigerians, we depend on them a lot to commute and carry on with our daily livelihood. Due...

Man abandons wife in hospital over unpaid N520,000 bill

Follow @NigeriaPI A mother of seven, Mrs. Uzoamaka Onu, 39, has been abandoned by her husband at the New Mayor Hospital and Fertility Centre, Nkpor in Anambra over a bill of N520,000. The woman had stayed in the hospital for four months following the non- payment of the bill. Uzoamaka, a food vendor from Okpoto community in Ishielu Local Government Area of Ebonyi, told the News Agency of Nigeria that her husband had absconded and abandoned her to her fate. She said that she had lived in the hospital for four months and every attempt to reach her husband had failed. “My husband stopped visiting the hospital after I successfully underwent a surgery on my right breast,” Uzoamaka said. She said she did not blame her husband for absconding because he had suffered a lot since 2013 when signs of cancer started manifesting. “My husband sells rat poison and cannot afford the money to pay the balance and I think that is why he has run away. “I am appealing to good spirited Nigerians to come to my aid and help me to get back home. “My problem started in 2013 when I started experiencing excruciating pain in my body, specifically in my lungs. “I started visiting patent medicine stores for solution, but unfortunately that compounded my problems. “However, it was on the advice of some friends and family members that I decided to visit General Hospital, Abakiliki where I was diagnosed with breast cancer,” Uzoamaka said. She said she had visited the University of Nigeria Teaching Hospital, Enugu and Lagos State University Teaching Hospital for solution. Uzoamaka said...

Read The Shocking Story Of How A Jealous Lady Brutally Murdered Her Ex ’ s New Girlfriend And Bragged About It.

Follow @NigeriaPI Read The Shocking Story OfHow A Jealous Lady BrutallyMurdered Her Ex ’ s NewGirlfriend And Bragged About It. Read the murderous ex’s online ranting that preceded the cold blooded murder of mother of one, Kendra.   This is the tweets of the lady before the murder case This is the murdered Kendra This is their alleged boyfriend Pics of the lady who took the deadly act a day to the victim birthday. This is very...

DRIVER, OKADA RIDER ALLEGEDLY RAPE 2 TEENAGERS

Follow @NigeriaPI Two men,  a driver,  Innocent (surname withheld), 30, and an Okada rider, Lateef (surname withheld), 27, have been accused of raping two teenage girls, aged 13. Innocent allegedly committed the offence sometimes in August, in Lekki- Ajah area of the state. Innocent was a driver to the aunt of one of the 13-year-old girls, who was allegedly raped. Lateef, on the other hand, was an Okada rider, who forcefully had sexual intercourse with a 13-year -old girl (names withheld). “Lateef on September 12, at about 4 p.m at Oja Oba Market, on Lagos Island, forcefully had canal knowledge of a 13-year-old girl. He had sexual intercourse with her without her consent,” the police told an Igbosere Magistrate Court. Both men, however, denied the allegations against them. However the defendants’ counsels, Darnell Abbe and Emmanuel Ubanney, urged the court to grant them bail in the most liberal terms, but the magistrate declined granting them  bail, saying  the court did not have the jurisdiction to hear the matter. Both men were remanded in prison while the case was adjourned till October...

Varsity student defrauds seven ladies on Facebook

Follow @NigeriaPI The police in Lagos State have arrested a 26-year-old undergraduate, Ademola Adebayo, for allegedly defrauding seven ladies he met on Facebook. Our correspondent learnt that Adebayo, a 400-Level student of Computer Science, allegedly lured the ladies by uploading some rich pictures on Facebook, and asking his victims to meet him at a location, usually a hotel on the pretext that he had deals for them. PUNCH Metro gathered that when the ladies showed up at the agreed location, the suspect would dispose them of their phones and other valuables. The police alleged that Adebayo worked with an accomplice, 35-year-old Toheeb Fetuga, who had also been arrested. It was learnt that the suspect was arrested by the Special Anti-Robbery Squad, Ikeja, where one of the victims reported the matter. Adebayo told PUNCH Metro that he had defrauded seven ladies of their valuables. He said, “One of the ladies I defrauded was Rita. She came to a hotel in the Oyingbo area. We had met on Facebook and I agreed to do a deal with her. She was a woman willing to have a sexual affair with me for money. “I invited her to the hotel and asked how much she would take. She said $1,000, and I said it was okay. I collected her phone. I asked her to come for the money at a hotel in the Victoria Island area. So, she believed me and left. “I checked the contacts on her phone and that was where I got the contacts of other ladies I defrauded. I was trying to lure another friend of hers when I...

JSS 2 Student Commits Suicide In Makurdi, Benue State Over Boyfriend

Follow @NigeriaPI Jessica Beer, a Junior Secondary School (JSS) II student of Gyegeh Memorial College Logo1 , Makurdi, Benue state, has committed suicide. The female student according sources drank substance believed to be poison and was rushed to a clinic in Akpehe, before doctors confirmed her dead on arrival . A close friend of the deceased, who would rather want to remain anonymous, told the Nation that the girl committed suicide because her boyfriend by name Labi, a pork meat seller at Wurukum Market in Makurdi impregnated and abadoned her and then impregnated another girl. Residents of Akpehe who were startled by the news rushed to the clinic to catch a glimpse of the remains of the...

Patience Jonathan May Forfeit Her Hotel To FG Over $20m Accounts

Follow @NigeriaPI Dame Patience Jonathan, the wife of former President Goodluck Jonathan, may forfeit to the Federal Government, a N10bn hotel allegedly belonging to her if she fails to explain how she came about some funds allegedly traced to her accounts. “This is one of the questions she may have to answer as the Economic and Financial Crimes Commission continues investigation into the $20m found in five accounts she has laid claim to,” a source told our correspondent on Monday. The hotel, which is known as Aridolf Resort Wellness and Spa, Yenagoa, was inaugurated by Patience in April 2015, barely a month before the end of her husband’s tenure. According to a UK business newspaper, The Financial Times, the hotel, which has imported state-of-the-art furniture, can compete with other luxury hotels in developed countries. The report dated April 21, 2015, states in part, “The Aridolf Hotel in Yenagoa is an unlikely monument to kitsch on a reclaimed swamp in Nigeria’s oil-producing Niger Delta. In the lobby, Louis XIV furniture is accompanied by bowls of plastic fruit, faux Dutch landscapes and a grotesquely gaudy chandelier. The hotel is redolent of the riches on display in a region that for half a century has generated the bulk of Nigeria’s wealth. “The Aridolf, which is owned by Patience Jonathan, wife of the former President, is symptomatic of how superficial progress has been in addressing the festering sense of marginalisation in the region, which remains desperately impoverished despite benefiting from a tide of petrodollars in recent years.” The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, told our correspondent that the EFCC...

Boko Haram Terrorists Disguising As Mad Men And Women – Army Raises Alarm

Follow @NigeriaPI THE Nigerian Army on Monday raised the alarm concerning members of the Boko Haram terrorist group disguising as mad men. This was also as the Army announced the killing of a female suicide bomber at a checkpoint in Borno State. These were contained in a statement in the early hours of Monday by the spokesman of the Nigerian Army, Colonel Sani Usman. The statement reads in full: On Sunday 11th September 2016, evening, a suspected female suicide bomber was seen approaching troops check point located at Kara Cattle market axis, Dikwa, towards Antul and Mukdala, Dikwa Local Government Area, Borno State. She was challenged from afar by the vigilant duty sentry, she refused to stop claiming to be coming from Monguno to see her parents in Dikwa. Troops sensing the direction of approach was suspicious and abnormal, fired a shot at her and the sentry gallant sentry was proven right as she was carrying a Person Borne Improvised Explosive Device (PBIED) which exploded with a loud bang, killing her instantly and causing minor injury on 2 soldiers and a Civilian JTF assisting them. The injured soldiers and the civilian have been treated and have continued with their duties. This incident has shown that there are a few of the remnants of the Boko Haram terrorists that are determined to carry out criminal acts to create panic and insecurity in some areas. In a related development, there is also very reliable information that remnants of the Boko Haram terrorists now disguise or pretend to be mad men or women in order to gain access to some locations, especially...

Nigerians Ignore SEC’s Warning On MMM, Say “MMM Is Not A Scam”

Follow @NigeriaPI Weeks after the Nigerian Security and Exchange Commission (SEC) warned the general public against falling prey to an online investment scheme tagged, “MMM Federal Republic of Nigeria,” many people remain immovable in their quest for its breadth-taking gains. In a survey by The Guardian, most of the respondents, who were mostly students of tertiary institutions, described the scheme as a less-risky venture, which if successful, leaves participants smiling. The MMM, according to information on its website, is a trending financial scheme which promises to create a community of people providing financial help to one another on the principle of gratuitousness, reciprocity and benevolence. Registered members help each other by providing a certain sum of money (as ordered by the operators of the scheme) and such paid amount is expected to yield a 30 per cent increase at the end of the month. At any month end, members could withdraw their invested amount as well as the added interest through a similar means of being paid by another participant. By operation, the scheme, which platform is Nigeria., has no central system or account. However, SEC, in a recent statement on its website, disclosed that the system was a ponzi scheme, alleging that the facilitators were online fraudsters who promise high rates of return with little risk to investors. It added: “The platform has embarked on aggressive online media campaign to lure the investing public to participate in what it called ‘mutual aid and financial network’ with a monthly investment return of 30 per cent. “The operation of this investment scheme has no tangible business model, hence it is...

EFCC Arraigns Impostor for N37m Fraud…..docks three others for N18m Fraud

Follow @NigeriaPI The Economic and Financial Crimes Commission, EFCC, on Monday, September 5, 2016 arraigned one Jules Suinner before Justice Babs Kuewumi of the Federal High Court sitting in Ikoyi, Lagos on a three-count charge bordering on conspiracy to obtain money by false pretence to the tune of N37million( Thirty-Seven Million Naira).   Suinner, together with his cohort, allegedly hijacked the email address and letterhead of a company named Greenview Development Nigeria Limited and used same to write a letter to Access Bank Plc to transfer the sum of N25, 000,000 (Twenty Five Million Naira) to the account of ICT Aid Foundation Cooperative Society domiciled with United Bank For Africa, UBA. The money was allegedly transferred on July 14, 2015. Also, the suspected fraudsters, on July 22, 2015, allegedly wrote to Access Bank to transfer of the sum of N12, 000,000 (Twelve Million Naira)| to the account of one Tee-EM Nigeria Limited domiciled with UBA. One of the charges reads:  “That you, Jules Suinner, on or about the  13th day of July 2015, in Abuja, within the jurisdiction of this Honourable Court, with intent to obtain money under false pretence, conspired with ICT Aid Foundation Cooperative Society (still at large) and others (still at large) to fraudulently impersonate officials of Greenview Development Nigeria Limited.” The suspect pleaded not guilty to the charges when they were read to him. Justice Kuewumi ordered the suspect to be remanded in prison custody and adjourned to September 14, 2016 for commencement of trial. Meanwhile, the trio of Idorenyin Okon, Usen Akpan and Ukpai Onyike were also arraigned before Justice  Kuewumi on a four-count...

Woman Accuses Husband Of Using Their Child For Money Rituals

Follow @NigeriaPI Funmilayo Adedeji, a mother of two has accused her husband, Emmanuel Adedeji of using their son for money ritual. Speaking at Igando customary court, the wife, Funmilayo said she is not sure about the source of sudden wealth of her husband. She said, “he started showing signs of prosperity immediately we gave birth to the boy. My husband’s wealth became noticeable and started booming after the birth of our baby. “Our son is now 12 years old, but he can neither walk nor talk.” The husband, Adedeji, who had approached the court seeking an end to their 16-year-old marriage over defamation of his character by his wife denied using his son for money rituals. He said, “My wife won’t stop accusing me of using my physically challenged son for money ritual. It is God that has blessed me with wealth; I never used my son for any ritual,” he said. Adedeji said that his wife was also ‘good at fighting,’ claiming she had the habit of beating him in public. Apart from the beating, Adedeji also claimed that curses from his wife were beginning to affect his life and business negatively. The marriage was eventual dissolved. The magistrate, Mr Adegboyega Omilola, while giving his judgement said, “Since the petitioner insisted on a divorce after several interventions, the court has no choice but to dissolve the union in spite of the fact that the wife still claims she loves her husband. “The court hereby pronounces the marriage between Emmanuel Adedeji and Funmilayo Adedeji dissolved today; both parties, henceforth, cease to be husband and...

EFCC To Sieze Diezani’s Properties

Follow @NigeriaPI The Economic and Financial Crimes Commission (EFCC) is set to sieze N3billion properties of former Minister of Petroleum, Diezani Alison-Madueke. According to reports, the properties are said to be located in Port Harcourt, the Rivers State capital. According to a popular daily, an EFCC source said: “Based on latest intelligence, we have been able to trace more choice assets to Mrs. Alison-Madueke in Port Harcourt. We have drafted more operatives in Rivers State. “We have identified more than five of such assets but we need to verify the ownership by going through some documents before attaching the properties in line with our mandate. The Economic and Financial Crimes Commission (EFCC) is set to sieze N3billion properties of former Minister of Petroleum, Diezani Alison-Madueke. According to reports, the properties are said to be located in Port Harcourt, the Rivers State capital. According to a popular daily, an EFCC source said: “Based on latest intelligence, we have been able to trace more choice assets to Mrs. Alison-Madueke in Port Harcourt. We have drafted more operatives in Rivers State. “We have identified more than five of such assets but we need to verify the ownership by going through some documents before attaching the properties in line with our...

Missing Varsity Students Yet To Be Found

Follow @NigeriaPI Two students of the Osun State University (UNIOSUN) in Osogbo, identified as Samuel Eke (25) and Robert Akinduro (26), who were declared missing are yet to be found. It was earlier reported that the two Computer Science 400 level students reportedly left the school last week, leaving friends with no clue of their whereabouts. It was later gathered that the two students had left their hostel at Suzy area to Citadel Hostel about 11p.m. on Monday, they had not been seen by their parents, fellow students, and relatives till date. The President, Nigerian Association of Computer Science Students (NACOSS) in the university, Mr Yusuf Oluwakalo, said Eke and Akinduro were said to have gone to Citadel Hostel to sort out their project issue but did not reach the hostel. He said: “On Monday, they left their hostel to meet another guy at Citadel Hostel to sort out their project issue. Whether they took a motorcycle or trekked, nobody knew, but the guy at Citadel Hostel confirmed they had contacted him via AhataApp message that they were on their way.” Akinduro stressed that since they were nowhere to be found and their parents never saw them, the institution authorities had reported the matter at Okebale Police Station. “Subsequently, the matter has been reported to the Commissioner of Police in Osun, Mr Femi Oyeleye,” he added. The family, NACOSS members, and friends, however, appealed to the general public to help in the search and contact the Police station or the school authority if there is any useful information about the missing...

I want divorce to regain my sanity —Husband •He is not caring —Wife

Follow @NigeriaPI Worried by his wife’s alleged adulterous acts, Mr Azeez Adeshina has approached the Ikorodu customary court in Lagos State to dissolve his 22-year-old marriage. According to the News Agency of Nigeria (NAN), Adeshina, a 40-year-old man, told the court that his wife, Oluwatoyin, was an ‘unrepentant adulterer.’ He asked the court to dissolve the union since the woman stopped liking him since 2007. “I caught her red-handed committing adultery. “She incited some people to beat me almost to the point of death and the people confirmed this to me after carrying out her orders. “I cannot imagine being associated with a person that is not under my roof and still bears my name. “My estranged wife does not care about her image as a wife; she takes pleasure in living outside my home so that she can continue with her adulterous acts. “I need to move on in life and regain my sanity and that is why I want to divorce her,” he told the court. The petitioner also said he wanted to be separated from Oluwatoyin because she had been endangering the lives of their four children. Adeshina added: “I have always told her that I do not want her to cross highways with my children where there is a pedestrian bridge but she refused. “I do not love her again and I do not want her to bear my name any longer.” Meanwhile, the respondent, Oluwatoyin who is also 40 years old, accused the petitioner of failing to pay her dowry. “He is not a caring person and he finds it difficult to care for...