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Jay-Z's protégé Malik Cox, popularly known as Memphis Bleek has filed for Chapter 13 bankruptcy, and he claims that he has just $100 in cash. He filed the paperwork in the US Federal Court in New Jersey on March 14th. He told the court that his assets totaled just $274,190, and his liabilities total $384,804.91. See the list of his assets after the cut... – Keyport, N.J. home worth $250,000; – a 2014 Chevy Impala worth $14,000; – household goods worth $2,970; – wedding rings for him and his wife worth $5,000; – $2,000 in clothes; – pictures worth $120; He says he has $0 in his Chase business account, $100 in cash on hand and ownership of his company “Get Low Touring,” which is worth $0. Bleek’s liabilities include $335,000 owed on the N.J. home, $24,000 on the Chevy Impala, $9,000 owed to the IRS and $13,000 to Monmouth County Superior Court.

As part of the ongoing probe of the laundering of over $200billion loot in the United Arab Emirates (UAE) by former political office holders, operatives of the EFCC today,  July 13th 2016 , stormed the office of a Dubai property firm, The First Group Company, in Abuja.  According to Sahara Reporters, the real estate development company located on the seventh floor of the Bank of Industry building of the Central Business District, Abuja, is same one featured in its investigations into the alleged properties belonging to Army Chief of Staff Tukur Buratai. The EFCC team raided the company’s seventh-floor office after obtaining a search warrant. The company is also being investigated for allegedly defrauding unsuspecting Nigerians by luring them to invest in real estate in Dubai. A prominent Nigerian is alleged to have lost about $402, 000 in a phony real estate transaction with the company. Sources from the EFCC have told SaharaReporters that Th

President Buhari traveled to Zamfara state for a one-day working visit to commission some projects and launch a special military task force to fight bandits. He put on a Military Uniform during the launch. More photos below..

Theresa May has formally become the UK's new prime minister. She is the second woman ever to hold the post after Margaret Thatcher. The former home secretary travelled to Buckingham Palace where she officially accepted the Queen's invitation to form a new government. In his farewell statement outside Downing Street, Mr Cameron said Mrs May would provide "strong and stable leadership" and wished her well in her negotiations with the EU. Before Mrs May's visit to Buckingham Palace, the Queen accepted Mr Cameron's resignation as prime minister. Mrs May, 59, suddenly won the Conservative leadership contest after rival candidate Andrea Leadsom pulled out on Monday. One of her first tasks will be to appoint her new ministerial team.

ExxonMobil yesterday refuted the claim by Niger Delta Avengers that one of its facilities which is the Qua Iboe 48″ crude oil export pipeline was attacked. Read their full statement below… According to the statement released by the company, none of it’s facilities were attacked but the Avengers in response have asked them to stop lying and deceiving their investors, adding that the effect of their attack on ExxonMobil’s facilities shall be seen in the upcoming days. ExxonMobile can deny and fool the general public about their Export Pipeline blown yesterday. How long can they lie to their investors? Just in matter of days the whole world will see the truth. Qua Iboe 48” crude oil export pipeline is down so said the Avengers. Brig.Gen Mudoch Agbinibo Spokesperson

On Monday, 27th day of June, 2016 the Federal High Court sitting in Abuja (Per Hon. Justice O. E. Abang) nullified the nomination of Dr. Okezie Victor Ikpeazu as the candidate of the People’s Democratic Party for the 2015 Gubernatorial Election of Abia State and also his subsequent election as Governor of Abia State. The Court ordered the Independent National Electoral Commission to issue a Certificate of Return to Dr. Sampson Uchechukwu Ogah, who scored the second highest number of votes in the primaries that produced Dr. Okezie Victor Ikpeazu. A thorough scrutiny of the judgment of the court will reveal that, contrary to widespread opinion that Dr. Sampson Uchechukwu Ogah’s case was that Dr. Okezie Victor Ikpeazu presented forged tax papers to the Independent National Electoral Commission, his case was simply that Dr. Okezie Victor Ikpeazu apparently rushed to pay all his backlog of taxes just before the elections, yet he swore to a false affidavit and supplied a false

Following the recent draconian action taken by the Asset Management Corporation of Nigeria (AMCON), experts in the Nigerian financial service sector have called on the federal government and relevant agencies to caution the corporation before it further damage the nation’s economy.  AMCON, they stressed, has deviated from its original mandate of working with indebted companies to get them back on their feet and pay back the loans that AMCON took over from banks In setting up an asset management corporation, the idea was to take none-performing loans (NPLs) out of the banks and put them where they will be managed for a very long period of time.  For instance, in the case of the United States of America, after the Resolution Trust Company of America bought loans from the SMEs, after the five-year period, all those loans were transferred to Deposit Insurance Corporation and many of those loans still exist. Contrary to global standards, the experts who do not want t

There was little drama, Wednesday, at a function in Delta state when suddenly, some heavily armed militants, suspected to be members of Niger Delta Avengers, came face-to-face with some Nigerian military personnel, asking them to pass over their request to the Governor.  The militants who began shooting sporadically in the air where however cheered by a jubilating crowd while the outnumbered soldiers looked on. Watch:

Today, David Cameron Finally leaves Downing St, after resigning as the PM of the UK. In The Photo, you can see him, his wife and children leaving happily

The Senator representing Sokoto North in the Nigerian Senate, Aliyu Wamakko, has denied reports that he hosted a series of meetings at his Abuja home to discuss how to impeach President Muhammadu Buhari from office. Mr. Wamakko in a statement late Tuesday said his attention was drawn to a “false and malicious” story published by an online newspaper that a series of meetings were held at his residence to strategise on the impeachment proceedings of President Buhari. “To set the records straight, a meeting was only held in my residence towards finding amicable solution to the frosty relationship between the Executive and Legislature,” he said. The former Sokoto governor said those at the meeting had observed the growing disharmony between the two arms of government and resolved that finding amicable solution to the impasse will move the nation forward and give the president focus to pursue his Change Agenda. “As a principled politician, I have no caus

In a statement released on Tuesday by Laolu Akande, the vice president's spokesman, Prof. Yemi Osinbajo, has disclosed that President Muhammadu Buhari had already adopted two of the recommendations in the report submitted after the national confab convened during the administration of Goodluck Jonathan, his predecessor. He made the disclosure and said that Nigerians require a deeper and better understanding of the restructuring debate, following widespread criticism of his recent comments on the subject, and noted that the restructuring debate, as it currently is, has many meanings and interpretations. “He (Osinbajo) wholly supports the idea of having State Police across the country as articulated in the APC’s Roadmap to a New Nigeria… Different groups are taking different approaches and at times this confuses the debate and reduces it to mere political rhetoric. “Restructuring debate should go deeper than what we see on newspaper headlines and we ne

The Federal Government will rely on the testimony of 15 witnesses, among them Senators and National Assembly bureaucrats, at the trial of the President of the Senate, Bukola Saraki, his deputy, Ike Ekweremadu and other alleged conspirators over the ongoing case of alleged forgery. Messrs. Saraki and Ekweremadu, alongside the former Clerk to the National Assembly, Salisu Maikasuwa and his deputy, Benedict Efeturi, are accused of forging the Senate Standing Rules with which the upper chamber’s presiding officers were elected last year. The four accused persons were on June 27 arraigned before Justice Haliru Yusuf of the Federal Capital Territory High Court, Jabi, on a two-count charge of conspiracy and forgery, contrary to Sections 97 and 362 of the Penal Code Law respectively. They were however granted bail before the court adjourned its proceedings to July 12. Prosecution’s case against Saraki and his alleged conspirators According to court documents obtained by PREMIUM

The counsel to Governor Ayodele Fayose of Ekiti State, Mike Ozekhome, has replied the wife of President Muhammadu Buhari, Aisha Buhari, through her counsel, Mary Ekpere & Co, justifying the governor’s claim that Mrs. Buhari was mentioned in the Halliburton scandal (sic). PREMIUM TIMES has repeatedly explained that no Aisha Buhari was named in the Halliburton bribery scandal and that Mr. Fayose was merely confusing the Williams Jefferson bribery case with the Halliburton bribery scandal. But in a letter dated July 8, 2016, Mr. Ozekhome affirmed that the statement made regarding the involvement of Mrs. Buhari in the Halliburton scandal was “correct and justified in law, having regards to a court judgment convicting one Mr William Jefferson for bribery in the Halliburton case”. The counsel to the president’s wife, Mary Ekpere & Co had written a letter dated June 22, 2016, to Mr. Fayose, demanding a retraction of the governor’s statement that the

Nigerian gay rights activist, Bisi Alimi took to his Instagram to share photo of a young man who he claims is constantly threatening him with death. The young man named Danjuma Tunde also threatened to attack his family members. His post below: "This young man has for the past three months been threatening me with death. He has sent messages to my inbox, he has threatened to attack my family and has promised that if I ever visit Nigeria, he will make sure I get burnt alive.  His latest comment on a picture I posted few weeks ago reads "Bastard gay.... Don't ever come to Nigeria... U will be burnt". I still don't know what will make a good looking, young and promising man, full of such intense hate. If anything happens to my family, @danjuma_tunde should be held accountable"

Strong media reports have further affirmed the altercation between Senators Dino Melaye and Remi Tinubu of the same All Progressives Congress at a senate plenary session yesterday, 12th of July, 2016. A report by Premium Times revealed that the warring duo were seen exchanging words in a fierce confrontation that almost led to a physical challenge. The odd event took place on Tuesday during a closed door meeting when Remi Tinubu of Lagos State countered Dino Melaye's proposition that the senate should sanction lawmakers who volunteered as prosecution witnesses in the celebrated forgery of the Senate Standing Rules implicating the senate principal officers namely Bukola Saraki and his Deputy Senate President, Ike Ekweremadu and other clerks of the house. The Kogi senator is said to have accused the senators of being used by the presidency to destabilise the Senate and warned them to be ready to face the consequences of their action. “You should go and tell tho

While speaking on a Channels Television programme,  'Sunrise Daily',  yesterday, Brig. Gen. Paul Boroh (rtd), the Senior Adviser to the President on Niger Delta Matters and Coordinator of the Amnesty Programme, has revealed why the President Muhammadu Buhari-led Federal Government is not contemplating on adding more Niger Delta militants into the amnesty programme. The presidential adviser who disclosed that his mandate was to reintegrate only 30,000 ex-agitators already captured, said:  “Amnesty programme worldwide has a limit because it is a master piece strategy to resolve militancy. When that of Nigeria was established in 2009, it was supposed to exist for a particular time. “I do not intend to bring in more into the programme because that is not my mandate. My mandate is to reintegrate 30,000 ex-agitators into the programme that are already in the programme. “But this number is bloated because communities affected during the conflicts, governme

Attorney General of the Federation and Chief Justice of Nigeria, Abubakar Malami, has honored the invitation of the Nigerian senate. He is presently before the senate Committee on Judiciary, Human Rights and Legal Matters. Another photo below...