Monthly Archives: June 2012

You Receive More Than You Give!

Yes, it’s a universal law.
The words “What you do comes back to you” are an excellent paraphrase of the truth, “You reap what you sow” You plant the seeds (sow), and then later you gather the resulting harvest (reap). The harvest that you reap depends on the kind of seeds you sow If you sow corn, you will not reap yams.
There is a law that governs everything in the universe and it is the law of attraction and it is really a very basic law that is expressed in the golden rule. Do unto others as you would have them do unto you. Sowing and reaping is how this rule is applied. Continue reading


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Take Action On Your Plans

Yes, focused actions.
Success comes by taking action and that means immediate action, daily action, weekly action, monthly action and so forth. The importance of taking action can not be stressed enough if you are to succeed in achieving your goals.

Just as blood is necessary to keep you alive, action is just as necessary for success in achieving your goals. You can not sit and plan till its perfect because it will never be a perfect time and a perfect plan in place, there is always unforeseen things you will have to adjust to.

Remember you do not have to get it right, you just have to get it going and once you get it going you can make the necessary adjustments. Continue reading

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Quote Of The Day! Wed Jun 27, 2012

“Every suffering is a seed, because suffering impels us to seek wisdom.”


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Jimoh Ibrahim Stole “Air Nigeria” From Nigeria, Using Nigeria’s Money Says Former Airline Finance Director To Reps

A former Air Nigeria Executive Director of Finance, Mr. John I. Nnorom, has written to the House of Representatives about how business mogul Jimoh Ibrahim fraudulently acquired Air Nigeria with a Bank of Industry loan of N35.5Billion, and has sustained a pattern of manipulation, money-laundering, and forgery.

“[Ibrahim] did not invest one single kobo in the Airline,” he said in the gripping account which was sent to the Chairman of the Committee on Privatization, on the subject of the businessman’s application to acquire Virgin Nigeria when it was on the verge of a financial crisis.

“What UBA did was to grant him loan amounting to N35.5Billion that is the equal to the amount being owed by old virgin Nigeria Ltd, with three properties whose market values were less than N15Billion. The properties are 159/160 Broad Street, Lagos, Nigeria Re-insurance Corporate Head Office building at Marina Street, Lagos and Nicon Insurance Corporate Head Office building in Abuja. The actual market value of these properties at that time was about N15Billion but Jimoh Ibrahim presented a forged valuation report to UBA worth N75Billion.” Continue reading

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PFAs Merge Ahead Of Saturday Recapitalisation Deadline

Three Pension Fund Administrators, which are not likely to meet the Saturday recapitalisation deadline set by the National Pension Commission, have been acquired by bigger players in the industry.

According to PenCom, Amana Capital Pension Limited has been acquired by Sigma Pension Limited; First Alliance Pension has been acquired by ARM Pension Managers Limited; while Crib Pension Fund Managers Limited has been acquired by OAK Pensions Limited.

In order to meet the new capital requirement of N1bn, many of the PFAs have been raising money through right issues and capitalisation of their existing reserves. Continue reading

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Ibori’s Mistress Released From UK Prison

Udoamaka Okoronkwo-Onuigbo, the mistress of a former governor of Delta State, James Ibori, has been released from a United Kingdom Prison after serving two years.

Okoronkwo-Onuigbo, who was tried alongside Ibori’s sister, Christine Ibori-Ibie, was found guilty of money laundering and mortgage fraud and was sentenced to five years by Judge Christopher Hardy of a Southwark London Crown Court on June 7, 2010. Continue reading

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Husband Suspected Of Killing Banker-Wife Slumps In Court

Inspector Benson Ajie, a police witness in the on-going trial of Mr. Akolade Arowolo, accused of killing his banker-wife, Titilayo Arowolo, yesterday, disclosed to an Ikeja High Court that he indeed, struggled with his wife while armed with a knife, which led to the injury he sustained.

However, the continuation of the evidence of the witnesses ended suddenly when the accused person slumped in court, before he was resuscitated outside the court room.

Akolade was noted to have slumped by his counsel, Mr. Olanrewaju Ajanaku, while he was to show him a document inside the dock. Continue reading

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