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Old sins, they say, have long shadows. This wise saying may have been responsible for the suspension yesterday, of Sanusi Lamido Sanusi, the governor of the Central Bank of Nigeria (CBN). A statement from the presidency, which announced his suspension, had accused him of “financial recklessness and misconduct, which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of focused economic management, prudence, transparency and financial discipline.” The statement adds: “Being also deeply concerned about far-reaching irregularities under Mallam Sanusi’s watch, which have distracted the Central Bank away from the pursuit and achievement of its statutory mandate; and being determined to urgently reposition the Central Bank of Nigeria for greater efficiency, respect for due process and accountability, President Goodluck Jonathan has ordered the immediate suspension of Sanusi.”

Is  Beyonce  the queen of shade? That seems to be the question many fans are asking now that a second  vintage interview has surfaced online that seems to capture the singer throwing shade at another member of  Destiny’s Child . In the newly surfaced clip, which was posted on  Vine , Beyonce is seen sitting next to  former  band mate  Farrah Franklin , who was only in the group for five months before getting kicked out. “When push came to shove I was able to sing and dance,” the singer says as Beyonce gives her a sideways glance. Last month, Beyonce quickly became a trending topic after a  video  surfaced online in which the diva made a suggestive  facial expression  when  Kelly Rowland  introduced herself as the foursome’s “second lead vocalist” during an interview.

 Ukraine's President and opposition leaders agreed Friday to a deal meant to end the country's political crisis and end bloody fighting that has left parts of the  city center  a war zone. President Viktor Yanukovych, opposition leaders and representatives of the  European Union  signed the deal Friday afternoon after a night of difficult negotiations that stretched well into the day. "Good compromise for Ukraine. Gives peace a chance. Opens the way to reform and to Europe," Polish  Foreign Minister  Radoslaw Sikorski said on Twitter before the signing was completed.

Foremost  search engine , Google, on Friday announced that three Nigerians had made it to the top 10 finalists in its “Africa Connected” competition. In a statement made available to the News Agency of Nigeria in Lagos, Google said the three Nigerian finalists were Eric Obuh, a social crusader; Eseoghene Odiete, a  fashion designer , and Mayowa Adegbile, a philanthropist. It said the top 10 finalists also include two Kenyans, a Senegalese, a South African, a Zimbabwean and a Ghanaian. Five successful winners from among the finalists would now be selected by the online voting public. According to Google, the winners would go home with $25,000 (N4,065,000) each and would also have the opportunity to work with a Google sponsor over a six-month period, to further their  online businesses . It said the competition was launched in August last year, calling entrepreneurs, creative innovators and web-lovers to share stories of how the web has transformed their lives and work. Th

Sanusi Lamido Sanusi 19th February, 2014 Reference: Mallam Sanusi Lamido Sanusi Governor,  Central Bank of Nigeria, Abuja. SUSPENSION FROM OFFICE 1.    Following the Report of the Financial Reporting Council of Nigeria on the Audited Financial Statements of the Central Bank of Nigeria (CBN) for the year ended 31st December 2012, and other related issues, I write to convey to you His Excellency, Mr. President’s decision that you be suspended from office as Governor of the Central Bank of Nigeria with effect from Thursday 20th February 2014. 2.    The decision is predicated on the loss of confidence in your ability to lead the Apex Bank towards the achievement of its statutory mandate. Of particular concern is the fact that, under your watch, the bank has carried out its functions in a manner characterised by disregard for due process and accountability.

Godwin Emefiele Not much is known about the Group Managing Director/ Chief Executive Officer , Zenith Bank Plc, Mr. Godwin Emefiele, who has been nominated by President Goodluck Jonathan to succeed Mr. Lamido Sanusi as the Governor of the Central Bank of Nigeria in June. This is apparently because of his little public profile. Emefiele is an economic and  finance professional  with experience in banking and academics. His calm demeanour bodes well for the role of an economic manager and bank regulator, according to analysts. His nomination came few hours after the Presidency announced the suspension of Sanusi as the CBN governor, and appointed Mrs. Sarah Alade, a deputy governor at the central bank, as the acting governor. Emefiele, who took over from Jim Ovia at the helm of Zenith Bank, is credited with taking the bank to a higher level, with its rating as one of the top three banks in the country and ranked among 500 global brands. Under his leadership, the bank is c

A Lagos  High Court  in Ikeja has sentenced to death Akolade Arowolo for the murder of his banker wife, Titilayo, who he repeatedly stabbed to death at their residence in Isolo, Lagos, on June 24, 2011. Justice Lateefat Okunnu, in her judgment on Friday, held that even though there was no eyewitness to the incident, the circumstantial evidence adduced by the prosecution had proved the murder charge against the convict beyond all  reasonable doubt . “I pronouce the defendant guilty and accordingly sentenced to death,” the court held. Okunnu relied on the testimony of the  forensic pathologist , Prof. John Obafunwa, who testified that there were at least 76 stab wounds found on the deceased. Contrary to the convict’s claim during trial, Obafunwa had testified that the injuries must have been caused by sharp weapon applied on the deceased could not have been self-inflicted. The judge said, “Applying the eliminating induction by eliminating other factors; judging by this cas

Operatives of the State   Security Service   (SSS) Thursday afternoon seized the international passport of the suspended Governor of Central   Bank of Nigeria   (CBN), Mallam Sanusi Lamido. President Goodluck Jonathan Thursday morning suspended Sanusi and appointed the  Managing Director  of Zenith Bank, Mr. Godwin Emefiele in his stead. It was gathered that Sanusi heard of his suspension in Niamey, capital of Niger Republic, while attending a  conference  of Governors of Central Banks of  West African  sub-region. On the advice of friends,  the suspended bank chief  jetted  into Lagos, instead of Abuja. However, on touchdown at the Murtala Muhammed Internal airport. Lagos, Sanusi was accosted by SSS officials. He was briefly questioned and his  passport  seized.

The photos of  Oscar Pistorius  and girlfriend Reeva Steenkamp appear to show a young  couple in love . The series of images, come as the Olympic runner faces a bleak anniversary: one year since he shot his girlfriend dead at his home on Valentine's Day. Pistorius will go on trial accused of Steenkamp's murder early next month. He denies the charge, saying he mistook her for a home invader. The intimate pictures -- some of the final images of the 29-year-old model, taken in the weeks and months before her death -- show the couple looking relaxed and happy .

  A familly sits outside their destroyed house, on February 11 in Bujumbura, after flooding and landslides caused by a night of torrential rain swept away hundreds of homes and killed at scores of people. At least 69 people, including children, have been killed in the central Africa nation of Burundi because of torrential rains, an aid group said Thursday. The rains have triggered mudslides, swept away some homes and caused others to collapse, the International Federation of  Red Cross  and Red Crescent Societies said in a statement. More than 180 people have been injured, the group said, adding that it would expect to see more casualties as rescue teams reach more of the affected areas.

eive - A U.S. government warning this week to airlines about possible shoe bombs represents a credible threat linked to al Qaeda, officials told CNN. Recent intelligence points to tactics believed to be tied to al Qaeda in the Arabian Peninsula and its master bomb-maker Ibrahim al Asiri, a federal law enforcement official said. Counterterrorism officials don't believe there is an active plot in the works. But the law enforcement source said the United States periodically receives information on attempts by those believed to have been trained by Asiri to try to develop bombs that could defeat screening systems. It's not a new threat, but one viewed as ongoing because they know the al Qaeda unit based in Yemen is constantly trying to improve its bombs. Another U.S. official said the Homeland Security Department would not have taken steps to warn carriers about flights bound for the United States had it not been credible. "This is not just some flip comment on

Mark Zuckerberg and crew could've built four new World Trade Center skyscrapers, at a cost of $3.94 billion each. HIDE CAPTION Four World Trade Centers ($16B)  Facebook's acquisition of the hugely popular messaging service WhatsApp for $19 billion is one of the largest tech deals in history. It dwarfs Facebook's acquisition of Instagram for $1 billion in 2012 -- and even that was considered an astonishing number by many. What would you do if you had that kind of money?Since $19 billion is a sum most of us can hardly comprehend (and because it's fun to imagine), we came up with a list of other things Mark Zuckerberg and his team could have purchased for $19 billion.

  SA ARE 370/6 AFTER 132 OVERS   BATSMEN IN :  JP Duminy 88*, Vernon Philander 3* BATSMEN OUT :  Graeme Smith 9, Hashim Amla 0, Faf du Plessis 55, Dean Elgar 83, Quinton de Kock, AB de Villiers 116 14:10 -  What score should the Proteas aim for? I'm thinking 450 to get enought time to bowl at the Aussies later in the day. Send your thoughts to:  news@sport24.co.za 14:01 -  Philander off the mark - off his 17th ball.

Lagos hosted Africa’s largest social media gathering and the event has claimed its place as the biggest new media and business conference. Data enables people to make informed conversations on social media such as twitter and facebook.  The event which is in its second year attracts some of the continent’s most forward thinkers, brands, learners and creators to explore a wide range of topics including education, business, entertainment, art banking and politics. “There are some conversations that are going on on social media. Conversations that have to do with governance, that have to do with policy planning, that have to do with products. What we want to do, is to have data that makes those conversations really rich,” Oge Modie, CEO NOI Polls told CNBC Africa. Using the theme, ‘connecting Africa through data on social media’, NOI Polls will be sharing some of its ideas on the use of polling data to support policy planning. Connecting Africa through social media S

After the suspension of Sanusi Lamido Sanusi yesterday, there is much uncertainty about the future of the Nigerian financial markets. Sanusi Lamido Sanusi. PHOTO: WEF “Naturally we expect reactions in the financial markets, but hopefully markets would be assured by the fact that Sarah Alade who has been in charge of monetary policy and who has been part of the team at the central bank is holding forth at least in the interim,” Opeyemi Agbaje, CEO, RTC Advisory Services told CNBC Africa. Dr Sarah Alade who is the current Deputy Governor of the Central Bank has been appointed by the presidency to serve within an acting capacity.

Before Blue Ivy was able to walk  or speak her  first word , the heir to hip-hop’s most talked about couple had already acquired herself a legion of haters. Lex.   @AyooDimples Follow Beyoncé has all this money and she can't take blue ivy to get hair hair braided or something? She don't know how to put 2 puff puffs? Like. 3:11 PM - 5 Feb 2014