Don Escada's Blog

CBN under pressure to devalue naira again

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DEVELOPMENTS in the foreign exchange market are putting the Central Bank of Nigeria under intense pressure to further devalue the naira.</div>
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The currency has been experiencing free fall since November 25, 2014 when the          CBN Monetary Policy Committee devalued it by eight per cent from 155 to 168 against the United States dollar.</div>
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Following Saturday’s announcement of the postponement of the general elections by six weeks, the naira on Monday plunged from 188 to 200 against the dollar.</div>
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The Bankers’ Committee gave the hint of further devaluation on Thursday just as the nation’s External Reserves dropped by $1bn in 12 days.</div>
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CBN under pressure to devalue naira again

DEVELOPMENTS in the foreign exchange market are putting the Central Bank of Nigeria under intense pressure to further devalue the naira. ...

Ballot boxes were destroyed as NLC delegates trade punches

09:07 Don Escada 0

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The National Delegates Conference of the Nigeria Labour Congress ended in crisis on Thursday as participants failed to elect   a new president to succeed Abdulwahed Omar.</div>
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The election was progressing smoothly until some discrepancies were observed in the ballot papers.</div>
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The discovery led to allegations   that culminated in fisticuffs and throwing of chairs at each other by some of the delegates at the International Conference Centre, the venue of the conference in Abuja.</div>
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Ballot boxes were destroyed as NLC delegates trade punches

The National Delegates Conference of the Nigeria Labour Congress ended in crisis on Thursday as participants failed to elect a new pres...

Don Jazzy again! If you like fire your "katapot" odeshi!

09:03 Don Escada 1

Don Jazzy again! If you like fire your "katapot" odeshi!

An instagram post by Don Jazzy this morning. I suppose its from a music shoot. See more pics and post after the cut...

PDP has confidence in Jega says Mu’azu

08:41 Don Escada 0

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The National Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu, said on Thursday that the leadership of the party and its governors had confidence in the Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega.</div>
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Mu’azu spoke at a press briefing in Abuja. The briefing which held at the national headquarters of the party, had in attendance some PDP governors, led by the Chairman of the PDP Governors’ Forum, Godswill Akpabio of Akwa Ibom State.</div>
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PDP has confidence in Jega says Mu’azu

The National Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu, said on Thursday that the leadership of the party and its gov...

APC director’s home invaded by Security men

08:38 Don Escada 0

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A combined team of security operatives have surrounded the residence of the Director of Media of the All Progressives Congress Presidential Campaign Organisation, Mallam Garba Shehu.</div>
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The operatives, who were armed to the teeth, took positions around the house located at area 11, Garki Abuja, as early as 5.35a.m on Thursday morning.</div>
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One of Shehu’s colleagues at the Atiku Media Office, who pleaded anonymity, called The PUNCH at about 6am.</div>
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APC director’s home invaded by Security men

A combined team of security operatives have surrounded the residence of the Director of Media of the All Progressives Congress Presidenti...

HAPPY BIRTHDAY TO YOUR BLOG AUTHOR

08:27 Don Escada 6

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I want to use this opportunity to thank all of you who has been viewing this blog because the number of our viewers keeps increasing everyday. I will make sure that you are updated with current news and entertainments and also ask you to comment on the posts that you find interesting because that is the only way together we can build this blog to be what you want. You can also send in your stories. Thank you ALL.</div>
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One pic after the cut...</div>

HAPPY BIRTHDAY TO YOUR BLOG AUTHOR

I want to use this opportunity to thank all of you who has been viewing this blog because the number of our viewers keeps increasing ever...

Late Muna Obiekwe's Step- Sister Opens Up on the Actor’s Death and why he didn't ask for help

21:07 Don Escada 1

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Muna  was sick from last year October.It wasn't a normal Kidney failure.It was a high BP that prompted the failure .So he did not give us time to do the kidney transplant because his two kidneys failed.Assuming it was a normal kidney failure ,it was supposed to be one kidney.My uncles were planning to come back to Nigeria and operate on him/do the transplant..Then he died on Sunday</div>
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Through out the one year he was sick, we were going for the dialysis .My uncles in Lagos were taking him for the dialysis .</div>
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Late Muna Obiekwe's Step- Sister Opens Up on the Actor’s Death and why he didn't ask for help

Muna was sick from last year October.It wasn't a normal Kidney failure.It was a high BP that prompted the failure .So he did not giv...

Duncan Mighty Port Harcourt's 1st son finally gives a ford focus to his errand boy Achinike Chukwu

20:58 Don Escada 0

Duncan Mighty Port Harcourt's 1st son finally gives a ford focus to his errand boy Achinike Chukwu

Pourt Harcourt's 1st son Duncan Mighty finally gives a ford focus to his errand boy. Its i...

Eden Hazard signs long-term Chelsea contract, commits until 2020

20:42 Don Escada 2

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Eden Hazard has signed a new contract that ties him to Chelsea until 2020.</div>
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Jose Mourinho had said last week that he expected Hazard, 24, to commit to the club and the Belgium international has now put pen to paper a five-and-a-half-year deal.</div>
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"I am very happy to sign a new contract with Chelsea," Hazard, who has scored 13 goals in 36 appearances this season, told his club's official website. "Since I came here in 2012 I have always felt good and the club has been very supportive to me.<br>
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Eden Hazard signs long-term Chelsea contract, commits until 2020

Eden Hazard has signed a new contract that ties him to Chelsea until 2020. Jose Mourinho had said last week that he expected Hazard, ...

Going Epic tomorrow at club KONG Rosebank..The best club in Africa..don't miss it!!

20:34 Don Escada 0

Going Epic tomorrow at club KONG Rosebank..The best club in Africa..don't miss it!!

17-year-old undergoes penis reduction surgery. Wahala dey!

20:05 Don Escada 2

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<b>A teenager has undergone what surgeons claim is the world's first penis reduction surgery</b>.</div>
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The 17-year-old's flaccid manhood measured seven inches in length but had a circumference of 10 inches - which is about the size of a grapefruit, UK’s daily mirror reported Thursday.</div>
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Before the life-changing operation, surgeons said it was shaped like a 'rugby ball' and restricted his ability to play sports or have sex.</div>
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17-year-old undergoes penis reduction surgery. Wahala dey!

A teenager has undergone what surgeons claim is the world's first penis reduction surgery . The 17-year-old's flaccid manhood...

Jim Iyke's valentine kiss to fans, friends and foes

19:51 Don Escada 0

Jim Iyke's valentine kiss to fans, friends and foes

See post after the cut...

Leaders agree to Ukraine cease-fire

19:41 Don Escada 0

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The leaders of Russia, Ukraine, France and Germany on Thursday announced a cease-fire in eastern Ukraine following marathon talks in the Belarusian capital of Minsk.</div>
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Russian President Vladimir Putin said the agreement envisages the cease-fire starting Sunday, a special status for rebel regions, provisions on border controls and humanitarian issues.</div>
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But Ukrainian President Petro Poroshenko said the talks did not include any agreement on autonomy or federalization for eastern Ukraine, a longtime demand of Russia.</div>
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The deal requires the Ukrainian parliament to give wide powers to the eastern regions as a condition for restoring Ukraine's full control over the border — a provision certain to trigger heated political debate in Ukraine.</div>
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Leaders agree to Ukraine cease-fire

The leaders of Russia, Ukraine, France and Germany on Thursday announced a cease-fire in eastern Ukraine following marathon talks in the ...

POPE FRANCIS SAYS COUPLES WHO REFUSE TO HAVE CHILDREN ARE SELFISH

19:34 Don Escada 0

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Pope Francis  has caused quite a stir after he  branded couples who choose not to have children 'selfish' and said they are part of a 'greedy generation.' </div>
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He made the remarks in front of a large crowd during his weekly general audience in St Peter's Square, Rome. </div>
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'According to the Guardian  the pontiff said... </div>
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A society with a greedy generation, that doesn't want to surround itself with children, that considers them above all worrisome, a weight, a risk, is a depressed society, </div>
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'The choice to not have children is selfish. Life rejuvenates and acquires energy when it multiplies: It is enriched, not impoverished.'</div>

POPE FRANCIS SAYS COUPLES WHO REFUSE TO HAVE CHILDREN ARE SELFISH

Pope Francis has caused quite a stir after he branded couples who choose not to have children 'selfish' and said they are part ...

Female suicide bomber attacks market in northeast Nigeria

19:20 Don Escada 2

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At least seven people were killed on Thursday when a female suicide bomber blew herself up at a crowded market in northeast Nigeria, witnesses and a health official said.</div>
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The mid-afternoon attack in Biu, 180 kilometres (110 miles) south of the Borno state capital Maiduguri is the latest in a spate of similar attacks in the troubled region.</div>
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The Boko Haram group has been blamed for using women and young girls as human bombs as part of its deadly campaign to create a hardline Islamic state in the country's far northeast.</div>
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Female suicide bomber attacks market in northeast Nigeria

At least seven people were killed on Thursday when a female suicide bomber blew herself up at a crowded market in northeast Nigeria, witn...

EXCLUSIVE! UK Slips Down wealth List as Mexico and Nigeria Climb (PICTURED)

19:09 Don Escada 0

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This is an IG post from Mr Reuben Abati <span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px; line-height: 16.1200008392334px;">Special Adviser on Media and Publicity to President Goodluck Jonathan. See full analysis after the cut..</span></div>
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EXCLUSIVE! UK Slips Down wealth List as Mexico and Nigeria Climb (PICTURED)

This is an IG post from Mr Reuben Abati Special Adviser on Media and Publicity to President Goodluck Jonathan. See full analysis afte...

Couples do you know how to write poem? Then here's an opportunity for you from Denrele

18:51 Don Escada 1

Couples do you know how to write poem? Then here's an opportunity for you from Denrele

An instagram post from Denrele..See post after the cut...

La Liga clubs ready to strike if collective bargaining for TV rights law is not passed

14:56 Don Escada 0

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvE059MSbDnktGOOQ2r9KRIZ0T9jXCo8Em6B8VGcujjBKbodA-EhSF-sNAF14_ZPvVQ2NCkYlr1NMzUgeqE3nxr59JEYoL_wXl3u5YpDAm73o7pxKFftEJ5uEhP4XrIyubdF3a4EA9I80/s1600/zz.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="244" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvE059MSbDnktGOOQ2r9KRIZ0T9jXCo8Em6B8VGcujjBKbodA-EhSF-sNAF14_ZPvVQ2NCkYlr1NMzUgeqE3nxr59JEYoL_wXl3u5YpDAm73o7pxKFftEJ5uEhP4XrIyubdF3a4EA9I80/s1600/zz.jpg" width="320"></a></div>
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 Espanyol president Joan Collet has said Spain's top-flight clubs are ready to shut down La Liga if the government does not pass a law mandating collective bargaining for TV rights soon.</div>
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'We are ready to halt La Liga if this (law) does not come out in one, two or three weeks,' Collet told Spanish radio.</div>
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'I have already spoken with clubs like Valencia,' he added. 'We would have to hold another assembly but we are ready if the government doesn't get a move on.'</div>
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La Liga clubs ready to strike if collective bargaining for TV rights law is not passed

Espanyol president Joan Collet has said Spain's top-flight clubs are ready to shut down La Liga if the government does not pass a la...

Police free power-drunk cop, who frame tortured couple

14:48 Don Escada 1

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEio_Tv_y9VEOMIgUxw3eA2JjJAx6h5vYEW9d1kKT0yjuxlWcubYwWPynvcTaTAoAvf1kjwBNW1dksR5pS-DQtWBQfdoiWEa5or53u1wYAV5B_tRZehyQQ1evx-aXrH_d4Hy5ysxlyPP-is/s1600/zz.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEio_Tv_y9VEOMIgUxw3eA2JjJAx6h5vYEW9d1kKT0yjuxlWcubYwWPynvcTaTAoAvf1kjwBNW1dksR5pS-DQtWBQfdoiWEa5or53u1wYAV5B_tRZehyQQ1evx-aXrH_d4Hy5ysxlyPP-is/s1600/zz.jpg" width="320"></a></div>
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The power-drunk cop who tortured a couple in the Ikoyi area of Lagos State, Dada Ogunsanya, has been freed by the police.</div>
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However, one of the victims of the torture, Ejeh Smith, is currently being detained in the Ikoyi Police Division.</div>
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PUNCH Metro gathered on Wednesday that the police at the Ikoyi division were mounting pressure on him to admit that he was a criminal.</div>
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Police free power-drunk cop, who frame tortured couple

The power-drunk cop who tortured a couple in the Ikoyi area of Lagos State, Dada Ogunsanya, has been freed by the police. However, on...

Sambisa forest invaded by soldiers

14:45 Don Escada 0

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAdd76OsnL-NUiLDc0yPThXSAqdz1mw8mzjFD16YqUgQIrZShP4L1IvrJX8i2KMvhMD_UuXGOyi5kIgO8ypfbDwNHGCTIX6GlhVUpl53Jl4AkWdr447I8XsfoSASJjp2AlJSfhIcjNuB4/s1600/zz.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAdd76OsnL-NUiLDc0yPThXSAqdz1mw8mzjFD16YqUgQIrZShP4L1IvrJX8i2KMvhMD_UuXGOyi5kIgO8ypfbDwNHGCTIX6GlhVUpl53Jl4AkWdr447I8XsfoSASJjp2AlJSfhIcjNuB4/s1600/zz.jpg" width="320"></a></div>
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The military has commenced an operation in   Sambisa Forest in Borno State to flush out   Boko Haram insurgents.</div>
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The forest is widely believed to   host   some of the training camps and facilities of   Boko Haram in the North-East.</div>
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It was learnt that the military high command decided to invade the vast forest in order to make the North-West safe for the general elections.</div>
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A reliable source in the Army told one of our correspondents in Abuja   that   Air Force jets started the raid on Monday. He added that surveillance activities and raids were also ongoing as of the time he spoke on Wednesday.</div>
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Sambisa forest invaded by soldiers

The military has commenced an operation in Sambisa Forest in Borno State to flush out Boko Haram insurgents. The forest is widely...