Saturday 27 February 2016

Oprah Winfrey loses $24 million in one day

Oprah Winfrey  has lost $24 million thanks to Weight Watchers.Last year,she bought a 10 percent stake in the weight loss company for $43.2 million, joined the company's board of directors, became a spokesmodel for the brand and began its diet plan. 

According to Reuters,on Thursday, the company reported a 21 percent drop in fourth-quarter net revenue, which sent its shares down more than 27 percent in extended trading. As a result, Winfrey's stake plunged by about $24 million.. However, she has still gained almost $75 million since she made her investment, the news wire added. 

On the day Winfrey first invested in Weight Watchers, its shares doubled in value, while she made $70 million in just a day and also single-handedly generated $700 million in stock market value in two days, Forbes had reported. In January, after she tweeted a video saying she lost 26 pounds on the diet program while still eating bread every day, company stocks rallied more than 16 percent and she made $12 million.

Don’t kill Rev King-Igbo group begs FG

Ndigbo Cultural Society of Nigeria (NCSN) has called on the Federal Government of Nigeria not to  carry out the death sentence passed on Rev. Chukwuemeka Ezeugo, the General Overseer of Christian Praying Assembly, by the Supreme Court on Friday.

General Overseer of the Christian Praying Assembly, Rev. Chukwuemeka Ezeugo, a.k.a Reverend King Leader of the group, Chief Udo Udeogaranya, made the appeal after the Supreme Court threw out Rev King’s appeal against the death sentence passed on him in 2007 by a Lagos High Court . 
According to Udeogaranya, the President Muhammadu Buhari-led Federal Government should “commute the sentence and grant him pardon as Nigeria stands to gain nothing by shedding blood.

“This plea is premised on the ground that many Nigerians still hold Rev. Ezeugo as their spiritual leader even in various prisons and that the initial trial in Lagos as purportedly put forward by his lawyer Mr. Olalekan Ojo and published by national dailies was a miscarriage of justice in which the lawyer made certain points that demanded a second thought. “

Ojo argued that his client did not commit the crime and was not at the scene of the incident. He insisted that the deceased, Ann Uzoh, had in two statements she made after the incident and before her death, stated that she got burnt in a generator accident and that the cleric was not responsible for her injuries. “

Ojo said the Investigating Police Officer, IPO, had tendered statements which stated that Ezeugo was not responsible for the burns that led to Uzoh’s death. He alleged that the trial Judge refused to admit in evidence, the statements he said exonerated Ezeugo of the crime. “The lawyer further contended had those ‘vital exhibits’ been admitted rather than expunged by the trial judge, they would have operated to cast serious doubt on the case of the prosecution. He maintained that Justice Oyewole’s refusal to admit the exhibits in evidence ‘occasioned a great miscarriage of justice’ against his client.”

Vanguard 

Psquare's Paul Okoye takes his son swimming (Photos)

The musician said its time to take a break from too much music talk and play with all that matters,his son,Andre.

Lady gets down on one knee, proposes to her girlfriend (Photos)

A South African lady named Tshepo Maleka proposed to her girlfriend Ingrid Maphefo yesterday,26th Febuary .The excited bride to be who shared the photos wrote "I SAID YES"

Hmmmmmmm!!!

Twitter Facebook Favorites More