societyreelnews

Friday, 17 February 2017

BEST ONLINE BUSINESS IN 2017 – THE TRADE COIN CLUB

When Bitcoin Came into the lime light, it was barely nothing. I remember an article in 2013 where a man bought a burger with 10,000 Bitcoin.
If that individual still has the 10,000 Bitcoin (or BTC) in 2017, the he would be $10,344,400 (NGN 3,620,540,000) richer. I guess the man’s second and even third Generation won’t need to labour so much
To cut the long story short, if you have not invested in Bitcoins yet, you need to. In the next couple of years, Bitcoin is going to be worth up to $2000 per Bitcoin. As at the time of this post, 1BTC - $1035.Hence if you have just 1BTC, you have a whooping NGN 450,000 (using 450 as the exchange rate).

Friday, 3 February 2017

‘Buhari Should Sack All His Ministers And Economic Advisers’ -AMPON Chairman, Wole Arisekola

Publisher and Chairman of the Association of Online Media Practitioners of Nigeria (AMPON) Wole Arisekola has queried the approach of the Buhari administration to its anti-corruption crusade.
Though many see the war against corruption as timely; especially to restore the nation’s dignity, retrieve her collective wealth stolen by the few, and put the nation on the path of greatness, others see the war as lopsided, vendetta, apparently, targeted at the opposition to the government.
In his recently expressed open mind opinion, tagged ‘School of Thought’, Arisekola averred that the war against graft must be fought within known conventions, rather than on spontaneous intuition without concrete evidence.
Goje“I give you a very good example. Look at the case of Danjuma Goje, former Gombe State governor. He has no reason to be in court. He is one of the best Governors that this country has ever produced. When his state was collecting the lowest allocation in the country, he built roads, built an airport, built a university. He did so many wonderful things in that state. Can you compare Gombe State with Zamfara State now? They were created at the same time. But the difference is clear because Goje transformed the state. But every day, you read on the pages of newspapers that Danjuma Goje is being taken to court. Why? You are supposed to judge people on the basis of their performance. There is no former Governor in this country that can claim he outperformed Danjuma Goje. He is an example of good governance in this country. And you have so many people that spent about 99 per cent of their allocations on frivolities walking freely in town”, he said.

Friday, 6 January 2017

Algerian Winger, Riyad Mahrez Wins GLO-CAF African Player Of The Year 2016 …Full List of Winners

History was made on Thursday, 5 January 2017 at the International Conference Centre in Abuja with the coronation of Algerian winger Riyad Mahrez as African Player of the Year 2016 and Ugandan goalie, Denis Onyango as African Player of the Year – Based in Africa 2016.
Mahrez, 25, becomes the first Algerian and the maiden North African to win the prestigious individual honour in African football since its inception by the Confederation Africaine de Football (CAF) in 1992.

Poor Performance, Lack of Market Confidence made Skye Bank Emerged Worst Performing Stocks In 2016

Sequel to change of management that recently took place with Skye bank, the financial institution has been plagued with many odds. Most recent is the poor performance of the bank in the latest Nigeria stock marketing rating.

Forte Oil Plc, Skye Bank and others have emerged the worst performing stocks in 2016 in percentage terms after statistics obtained from the Nigerian Stock Exchange (NSE) showed their depreciation value, which dropped by 74.42 per cent and 68.35 per cent respectively.

Monday, 12 December 2016

LIST OF BUHARI’S UNDER PERFORMING MINISTERS!

When their names made President Muhammadu Buhari’s ministerial list, many Nigerians, acquainted of their impressive resumes, were full of high expectations about the positive contributions they would make to the administration. But not so anymore, as just a little over a year after their appointment as ministers, they are seen to have gone into hibernation. This report spotlights those ministers that Nigerians have ‘forgotten,’ either on account of what is believed to be their poor visibility or underperformance.
Dr. Kayode Fayemi
Though the name of the ministry has since been changed from the Ministry of Solid Minerals Development to the Ministry of Mines and Steel Development, observers believe that not much has changed or been witnessed in this sector full of economic potentials.
The Minister of Mines and Steel Development Dr. Kayode Fayemi had on assumption of office pledged his commitment to developing the solid minerals sector, while ironically pointing at the government’s own inadequacies at identifying what is good for Nigeria and mustering the will to promote it.
He initially came across as one of the top five in Buhari’s cabinet that have the expertise and experience to see the government deliver on all its promises to the Nigerian voter.
Also, given the policy of the Buhari-administration on diversification, Nigerians expected his ministry to be in the lead in generating non-oil revenue for the nation.

He identified limited infrastructure, insufficient geological data, limited corporate federalism, illegal artisanal mining community challenges, weak institutional capacity and insufficient funding as the bane of the sector and promised to take these numerous challenges head on, and deliver on the Federal Government’s vision, of building a mining sector that Nigerians can be proud of 30 years or more from now.
However, with over a year in office, Fayemi has not recorded any visible success in addressing the challenges he identified as bedeviling the solid mineral sector.
Abdulrahman Bello Dambazau

Friday, 11 November 2016

N1.8M Scandal Rocks Sheriff Olaniran's Lotto Company, SureBet247!

With the recession plaguing Nigerian, many has resorted to alternative means of livelihood and one of such ways is playing of Lotto. while others are making their customers smiles. Surebet247 is allegedly defrauding its customers. information at our disposal has it that popular lotto company, Surebet247 has refused to reward a winner who claimed to have won N1.8M in a game played
Kunle Asulegan, winner of the game narrated how he placed a bet at the Blue Cottage, Oke-Ado, Ibadan on the 27th of September, 2016 and valid receipts of the games he placed was issued to him, but to his utmost surprise when he got there to check the results the second day, the computer showed ‘bet won’ and when he went to the centre to redeem his money the Surebet agents told him they have contacted their headquarters.
Asulegan expressed his disappointment when he got to the headquarters and he was told there was a mistake on the system.

A depressed Asulegan stated that all his efforts to redeem his money or talk to someone in position of authority in the company was blocked and he had to ask his lawyer to write the company which since then has refused to reply to the letter.
The lotto player explained to a reputable online news platform, Papermacheonline that this wasn’t the first time he was placing bets at Surebet, in his words ‘I usually win some and lost some, but now that I won big why are they finding it hard to give me my money?’.
Asulegan provided Papermacheonline the receipts of the games he played and allegedly won and also showed a copy of the letter his lawyer sent to Surebet’s head office in Lagos with a threat that he would toe all legal means to redeem his money.
Societyreelnews made a call across to the owner of the lotto company, Sheriff Olaniran to confirm the incident.
“There is no where in this country that our customers played bet and win and never gets there reward promptly. The guy in question, If he has won and he didn’t get his claim(Money) then he should go to the lottery board and make his complaint. What even gave him, the assurance that he won in the first place? Mr. Journalist, make your findings very well and write your report and put into consideration the legal implication of your action” His words.

Wednesday, 9 November 2016

Kwara High Court Jails Student Ten Years For Cultism

A Kwara State High Court, sitting in Ilorin and presided over by Justice Sikiru Oyinloye, has sentenced a student of Federal Polytechnic, Offa, Fatai Olasile, to ten years’ imprisonment and a fine of N50, 000 for membership of a secret cult and involvement in cult-related activities in the state.
Olasile was arraigned on a two-count charge bordering on membership of Eiye secret cult, contrary to section 2 of Secret Cult and Secret Societies Law of Kwara State.
He was also sentenced to 10 years’ imprisonment for unlawful possession of a locally made pistol punishable under section 3 (1) of the Robbery and Firearms Act, 2004.
The prosecution, led by Barrister Kamaldeen Ajibade, the State Attorney General and Commissioner for Justice, called three witnesses and tendered exhibits to prove its case.
Another person identified as Mohammed Kehinde and two others were also arraigned on a three-count charge of criminal conspiracy, initiation of new members to secret cult and membership of the secret cult.
After a careful analysis of the case and the evidence presented by the prosecution, led by Barrister Ajibade, Justice Oyinloye found the first and second accused persons guilty and sentenced them to 10 years’ imprisonment each with a fine of N50, 000. The third accused person was however discharged and acquitted of the said offences.