Teenage prostitutes get food in exchange for unprotected Sex

Poverty has driven scores of young girls in Murambinda, some barely in their teens, to prostitution to raise money for food for their families and for their school fees.

Some of them are pushed into selling their bodies by desperate guardians or parents who have no other source of livelihood. Murambinda is in Buhera,…

Kanye West and Kim Kardashian set to exchange vows

Kim Kardashian and Kanye West are apparently planning to exchange vows in a commitment ceremony.

The reality TV star and the rapper – who are expecting their first child together – can’t go ahead and tie the knot because Kim’s divorce from basketball player Kris Humphries hasn’t been finalised, so they’ve reportedly decided to hold a commitment ceremony during which they…

EASYKOBO.COM boosts investor confidence through Nigeria’s 1st Virtual Stock Exchange Trials

Sep 28 (Lagos) –Easykobo.com Finance website welcomes you to the new and improved Easykobo.com was formed during the financial crisis to bring a fresh approach to investing in the Nigeria capital markets, website was upgraded last month.

Easykobo.com now features Nigeria’s first free Stock trials simulation with exciting prizes for winners…

Joke of the Day: Exchange Rate

Today’s joke by JokesBlogger.com

“A Chinese man walked into the currency exchange in New York City with 2000 yuan and walked out with $ 317.

The following week, he walked in with another 2000 yuan, and was handed $ 287.

He asked the teller why he got less money that week than the previous week.

The teller said, “Fluctuations.”

The Chinese man…

Nigerian Stock Exchange Watch: Market Performs Well Despite Negative Close

The Nigerian Stock Exchange recorded a good performance today despite closing in the negative. A block trade in Dangote Cement (-3.93%) caused the All Share Index to fall 0.91%.

On a sector-by-sector basis, all the major sub-indices closed in the green, Banking (+0.5%), Insurance (+0.35%), Oil & Gas (+0.1%), and Consumer Goods (+0.06%).

Driving the performance in the banking sub-sector were the following participants: Access (+4.20%), First Bank (+0.51%), GTBank (+0.29%),…

Nigerian Stock Exchange Brief: ASI (+1.11%) Rallies Big, Market Cap Crosses N 7 trillion mark

The All share index (ASI) rallied big gaining  111 basis points. The strong performance was buoyed by the banking sub-index whic was up a whopping 2.06%.

Market Capitalization crossed the N 7 trillion mark for the first time in several weeks and the Year-to-Date return of the market increased to 5.79%.

The Consumer Goods sub-index was up 1.5% whilst the Oil & Gas sub-index also appreciated 1.21%; the Insurance sub-index…

Nigerian Stock Exchange Watch: Market Capitalization Falls Beneath N 7 trillion

The All Share Index shed 0.81% in the second trading day in June sending the market capitalization of the bourse beneath N 7 trillion.

Bearish sentiments prevailed across virtually all sectors with banking retreating by -1.56%, Consumer Goods (-1.15%) and Oil & Gas (-0.5%).

Selling pressure forced the prices of bluechip stocks down. Zenith (-1.49%), UBA (-2.5%), GTBank (-1.25%), Access (-4.93%),…

Nigerian Stock Exchange Watch: ASI (-0.04%) Declines Marginally, Dangote Flour (+5%) Gains Maximum Points

The All Share Index declined marginally, shedding 0.04% to close at 22,170.96. Market activity improved over previous sessions but was not remarkable.

The banking sub-sector was largely in bearish territory with top tier banks GTBank (-1.03%) and Zenith (-1.36%) shedding some points, whilst First Bank and UBA remained unchanged.

On the flip side Access (+1.39%), Diamond (+1.52%), Stanbic (+0.33%), and Union…

Nigerian Stock Exchange Watch: Market YTD Performance Hits (+7.77%), First Bank (+2.83%) Carries ASI (+0.15%)

The All Share Index gained 0.15% to close at 22,342.13 as the year-to-date performance of the bourse improved to 7.77%.

The gainers outweighed to losers in the banking sub-sector today as key bank stocks including First Bank (+2.83%), Zenith (+0.20%) and Access(+0.44%) recorded price appreciation. Also in the green were FCMB (+4.42%) and Fidelity (+1.56%).

UBA (-1.68%) reversed on yesterdays gain…

Nigerian Stock Exchange Watch: Bearish Sentiments Prevail on ASI (-0.32%)

Bearish Sentiments prevailed across the entire Stock Exchange as the All Share Index dropped 0.32% to close at 22,309.61.

The top-tier banks, UBA (+4.25%), First Bank (+0.86%), GTBank (+0.31%), Access (+0.29%) all recorded positive uptick with the exception of Zenith Bank which traded flat today.

The story was quite different across the rest of the banking sub-sector as virtually all the…