Dogara Gave $25,000 to each Rep, says Jibrin

Former Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin, on Wednesday alleged that the Speaker, Mr. Yakubu Dogara, handed out $25,000 to lawmakers so that they could pass a vote of confidence on the speaker.

Jibrin claimed that Dogara opened a register at his Asokoro guest house where each member who signed was handed the cash.

NIDF set to pay 37th coupon to investors

Investors in the Nigerian International Debt Fund (NIDF) – an NSE listed mutual fund that invests in fixed income securities of Federal and State Governments - will get N3.32 per note as the Fund Managers, Afrinvest Asset Management Limited (AAML), commence payment of the interim coupon for the 2016 financial year on July 28, 2016.

This represents the 37th coupon since the creation of the Fund in 1997.

Dr. Dre Accused Of Pulling Gun On Road Raged Motorcyclist

Dr. Dre got into it with a motorcyclist outside his home today in Malibu, California when the biker pulled in front of his home and cussed out the West Coast legend when he was asked to leave, reports TMZ.

The N.W.A rapper-producer reportedly pulled out his phone to record the incident and the man called 911, claiming someone pulled a gun on him, according to the celebrity news site.

Verizon buys Yahoo’s core Business for $5bn in Digital ad push

US internet firm Yahoo has being acquired by American telecoms giant Verizon Communications for nearly $5bn (£3.8bn) in cash.

Yahoo will be combined with AOL, another faded internet star, which Verizon bought last year.

Not included in the deal: Yahoo’s 15% stake in Chinese retailing giant Alibaba, worth $32 billion, and its 36% stake in Yahoo Japan, worth about $8 billion. When the transaction closes — which is expected in the first quarter of 2017 — Yahoo will change its name and become a publicly traded investment company, the company said.

Afrinvest Makes New Appointments

Leading wealth advisory firm, Afrinvest (West Africa) Limited, has announced the appointment of Elkin Pianim as a Director of the firm while Michael Chu’di Ejekam has been named a Director for its broker-dealer subsidiary, Afrinvest Securities Limited (ASL).

A Ghanaian national, Pianim’s appointment further reflects the pan-African outlook of Afrinvest, which also has Ms. Fatumata Soukouna, a Liberian national on the board of ASL and Dr. Fidelis Nde-Che, a Cameroonian, as Chairman of its Board of Directors.

11 Dead as Commercial Bus Explodes in Lagos

About 11 persons have been confirmed dead on Thursday after a commercial bus with 14 passengers on board went up in flames on the Otedola Bridge in the Berger area of Lagos.

It was learnt that the deceased comprised eight males and three females while three persons were rescued from the wreckage alive.

Senator Oluremi Tinubu now Chairperson, Senate Committee on Environment as Saraki Reshuffles Senate Chairmen.

Senate President, Bukola Saraki on Thursday reshuffled the leadership of senate committees.

Amongst the members reshuffled are Sen. Oluremi Tinubu, who previously chaired the Committee on Women Affairs. She is now the Chairperson, Senate Committee on Environment.

While former Chairman of the Senate Committee on National Population, Kabiru Marafa, will now operate as the Chairman, Senate Committee on Downstream Petroleum.

The Senate President made the announcement shortly before the Senate adjourned on Thursday.

view other members reshuffled after the cut

We are in Talks with the Niger, Delta Militants - Presidency

President Muhammadu Buhari on Thursday in Abuja said that his administration is talking to Niger Delta militants through oil companies and law-enforcement agencies to find a lasting solution to insecurity in the region.

Speaking at a farewell audience with Mr. Michael Zinner, the outgoing Ambassador of Germany to Nigeria at the State House, President Buhari said that government is studying the instruments of the Amnesty Programme inherited from the previous administration with a view to carrying out commitments made that were undelivered.

Gucci Mane's "Everybody Looking" Album is Here

The full-length album is the first from Gucci since his early release from prison in May and his confidence around the project has been sky-high. He called it “Album Of The Year” on Instagram recently, and collaborator Mike WiLL Made-It echoed the praise, describing it as the best he’s heard since 50 Cent’s Get Rich Or Die Tryin.

Gucci’s been generous with verses ahead of the official release, starting with “First Day Out Tha Feds” just after gaining his freedom and then following it up with “Waybach,” “Back On Road,” “No Sleep,” “Pussy Print,” and a slew of guest appearances for the likes of Kanye West and Migos.

The Game & Los Angeles Police Department Initiate #StopTheViolence Campaign

The Game continues on his movement to put an end to inner-city violence with the promotion of unity in a new public service announcement featuring Los Angeles Police Department Chief Charlie Beck.

In a 48-second PSA clip posted to the LAPD‘s official Twitter account, the police chief recited some staggering statistics about the L.A. community.

“Last year in the city of Los Angeles, almost a thousand people were shot,” Beck says. “Almost 300 of them died. 80 percent of the victims, and 80 percent of the shooters, were young men of color.”

Cam'ron To Drop "Killa Season 2" This Fall

Cam'ron's new album 'This fall' will be the return of Killa Season, according to a photo uploaded to the official Cam’ron Facebook page on Tuesday (July 19).

The post doesn’t provide too many details other than a name and a time frame for its release.

Cam mentioned a November release for a new album titled Killa Pink in a Forbes interview a few months ago, but the messaging now seems to indicate that we’re getting Killa Season 2.

Rapper 50 Cent's "Power" Granted Two More Seasons

50 Cent is being rewarded handsomely after the Season 3 premiere of “Power” broke the Starz record for the most-watched episode of an original series in the network’s history. The show is slated for 10 episodes of the third season and then will air Seasons 4 and 5, according to The Hollywood Reporter.

Sunday’s Season 3 premiere brought 2.2 million viewers to the subscription cable channel, setting a new benchmark and following the footsteps of the Season 2 premiere, which set the record at the time with 1.43 million people tuning in. This is the first season “Power” is being aired on Sunday instead of Saturday.

Didi Akinyelure, Nigerian Business journalist wins BBC World News award

Nigeria’s  business journalist with CNBC Africa, Didi Akinyelure, has won the  BBC World News Komla Dumor Award.

The award, instituted in 2015 in honour of Komla Dumor, a presenter for BBC World News, who died aged 41 in 2014, seeks to “celebrate African journalism and reward exceptional talent,” BBC says.

African Union fails to elect new leader

African heads of state meeting in Kigali failed on Monday to elect a new head of the African Union and will try again in January, an official said.

Current AU Commission President Nkosazana Dlamini-Zuma was due to stand down but leaders were unable to agree on a successor to lead the executive branch of the continental body during its 27th summit meeting, being held in the Rwandan capital.

Taylor Swift may Sue Kanye West Over Recorded Phone Call

Taylor Swift is not only angry  at Kanye West for taping a phone call in which the two discussed the emcee’s “Famous” lyrics, she’s willing to see him prosecuted for it.

TMZ reported on Monday that the pop-country star threatened the rapper with criminal prosecution months ago for allegedly secretly recording their conversation. That’s illegal in the state of California, where West was reportedly located for his end of the telephone discussion.