Chimamanda Adichie disagrees with Buhari on Nigeria Governance

“He had an opportunity to make real reforms early on, to boldly reshape Nigeria’s path. He wasted it,”

The largest cities in Nigeria: ranked 1 to 10.

List of largest cities in Nigeria is different from the list of most loved cities in Nigeria

Ankara Dresses, Prints, Latest Fashion Trends

It started as a movement in Africa, Ankara, the African prints has become the latest fashion trends in the globe. Ankara Inspired by the locals and designers in Africa has become the next big thing. Osas eye brings you a collection of the best Ankara dresses

Who will bring back Nigeria’s lost girls?

If Nigerian President Goodluck Jonathan can free the missing girls, he would have done it before now. He can't. He failed

African Clothing, Traditional Men's Fashion Styles

African wear continues to rock the fashion trend. From Nigeria to South Africa, Osas eye gives you look at some of the jaw dropping traditional wear by African designers for men

Tuesday, May 24, 2016

Nigeria on course for recession as economy collapse

Nigeria on course for recession

Nigeria draws close to recession, as official figures from Nigerian Bureau of Statistics (NBS) showed that the economy contracted by 0.36% between January and March 2016. This decline in growth compared to the 2.11 percent recorded in the fourth quarter of 2015 and 3.69 percent in the first quarter of 2015 show Nigeria is on course for recession.

Nigeria is Africa’s biggest oil exporter and has been affected by a slump in global crude prices which accounts for about 70 percent of the country’s income.

Investments have also fallen in Nigeria as investors expect a devaluation of the country's currency 'naira' due to the slump in oil revenues.

Africa analyst at Capital Economics, John Ashbourne told Reuters: “This is probably the economy’s worst performance since the mid-1990s”, in relation to the GDP figures.

Speculation has been rife that the naira may soon be devalued after the country’s vice president said last week that currency policies needed to changed to encourage investment.

The central bank has imposed currency restrictions but maintained the naira’s peg against the dollar and President Muhammadu Buhari has rejected calls by the International Monetary Fund (IMF) for a more flexible exchange rate. The naira has been officially set at 199 to the dollar since March 2015.

The governor of Nigeria’s central bank on Tuesday said Africa’s largest economy is headed into an imminent recession, adding that he would partially loosen the local currency’s peg to the dollar, a policy he said had helped bring about the hardship. “Options are very limited,” said the governor. “To avoid complicating conditions, the committee decided on the least risky option.”

Thursday, May 19, 2016

Nigerian Chibok teen rescued after 2 years

Chibok teen rescued after 2years
Amina Ali Nkeki, a Chibok teen who was rescued 2 years after Boko Haram terrorists kidnapped her along with 276 schoolgirls more than two years ago, met with Nigerian President Muhammadu Buhari at the presidential villa in Abuja on Thursday.

Nigerian Chibok teen rescued

"Like all Nigerians and many others around the world, I am delighted that Amina Ali is free, but it is tinged with deep sorrow with what she had to go through," President Buhari said.

"She is receiving high-level medical attention and the best doctors in the state are attending to her. The governor ordered for her release from the military as he wanted to make sure she and her baby daughter received urgent medical and psychological attention," he said.

Amina was said to have been discovered by Nigerian vigilantes fighting the terror group Boko Haram which abducted the girls two years ago. She was found wandering on the edge of the Sambisa Forest with her baby and a man thought to be a fighter for the group. Officials separated the 19-year-old from the man and that man is currently in military detention being interrogated.

American Presidency: Donald Trump and Vladimir Putin by a street artist

This photo of  Donald Trump presidency has gone viral. American's most hated couples: Trump vs. Putin. Is that Palin working off? He’s just not that into you. That would appear to be the upshot of a kiss shared by Donald Trump and Vladimir Putin as imagined by a street artist in Lithuania last week. Photos of the lip-locking mural featuring the Russian President and the Republican front runner for the White House have gone viral over the past few days.

Donald Trump and Vladimir Putin by a street artist
 At first glance, the image (which sprawls across the back of a BBQ restaurant in the Baltic capital Vilnius) lampoons the curiously flattering relationship that has emerged between Putin and Trump, following complimentary remarks that each has made about the other in recent months.