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Rivers government bans meeting of Igbo group in Oyigbo
The Rivers State Government has stopped a planned meeting of some Igbo residents in the Oyigbo Local Government Area, citing fears that the gathering could spark fresh unrest in the area.
Canadian banks shrink workforce to cover big tech investments
Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies
Facebook hopes tiny labels on posts will stop users confusing satire with reality
Facebook is adding additional labels to posts from Pages that appear in users’ News Feeds in a bid to reduce confusion about their origin. These labels will include “public official,” “fan page,” and “satire page.” The company says it’s already started testing the deployment of these labels in the US, and will gradually add them to more posts.
Folorunso Alakija drops out of 2021 Forbes list of billionaires
Nigeria now has only three billionaires on 2021 Forbes list of world billionaires, with the dropping off of Executive Vice Chairman of Famfa Oil Limited, Folorunso Alakija.
EU and UK regulators still recommend AstraZeneca shot despite possible link to blood clots
European and British regulators said on Wednesday they had found possible links between AstraZeneca’s vaccine and very rare cases of blood clots, but reaffirmed its importance in protecting people against COVID-19.
U.K. to open first LGBT+ retirement home as market grows
Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet.
NSE resumes Easter holidays with N78 billion loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend.
Forbes: Kim Kardashian officially a billionaire
American reality tv star, Kim Kardashian, is officially a billionaire.
GameStop plans $1 billion share sale after Reddit-fuelled rally
GameStop Corp on Monday increased the value of new stock it may sell from $100m to $1bn, as the United States video game retailer seeks to capitalise on a surge in its shares from a Reddit-driven rally this year.
Gbaramatu oil spill: Chevron’s failure to accept responsibility deliberate – Comrade Mulade
Coordinator of Center for Peace and Environmental Justice (CEPEJ), Comrade Sheriff Mulade, has stated that Chevron Nigeria Limited failure to accept responsibility for the Gbaramatu oil spill was a deliberate plan to undermine the wellbeing and environment of the people living in the affected communities.
Mastercard buys $100 million stake in Airtel Africa’s mobile money
Mastercard has sealed a pact with wireless operator Airtel Africa that will see it procure a minority interest in the telco’s mobile money division, Airtel Mobile Commerce BV (AMC BV).
NSE: Investors lose N118 billion on renewed profit taking
Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.
Ekiti reduces stake in Wema Bank
Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019.
Akwa Ibom: Police confirm three officers dead, four missing in Essien Udim
The police in Akwa Ibom State, Nigeria’s South-south, have confirmed that three of their officers have been killed, while four are missing in Essien Udim Local Government Area of the state during a violent clash between security operatives and some hoodlums.
Akwa Ibom, Abia border crisis claims seven lives
No fewer than seven indigenes of Ikpanya clan in Ibiono Ibom Local Government Area of Akwa Ibom State have been reportedly killed after days of attacks launched by assailants from Ugbo community, Arochukwu in Abia State
Traffic in Suez Canal resumes after stranded ship refloated
Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said.
Suez Canal Authority says stranded ship partially refloated
The stranded container ship that blocked the Suez Canal for nearly a week was almost fully re-floated on Monday and has restarted its engines, a shipping source with knowledge of the matter said, raising hopes the busy waterway will soon be reopened.
Segun Oni: Count me out of appointment sharing before election
Former governor of Ekiti State, Chief Segun Oni, has debunked what he called the “subtle blackmail” doing the round that he shares elective and appointive positions, even before election.
Judge’s transfer stalls suit against former President Obasanjo’s ex-aide
The transfer of Justice Ijeoma Ojukwu of the Federal High Court (FHC), Abuja, to Calabar Division of the court has stalled the commencement of hearing in a suit filed against Green Energy International Ltd and its Chairman, Prof. Anthony Adegbulugbe.
Fresh travel warning for Britons hits airline stocks
Britons were warned not to book summer holidays abroad by government ministers as COVID-19 cases in parts of Europe soar, sending travel and airline stocks down by as much as 8% on Monday.
Nigerian media ‘obsessed with bad news’
Several policy makers and media managers have accused the Nigerian media of allowing its obsession for bad news and screaming headlines to obstruct the principal mandate of setting the right agenda toward building a united and virile nation.
NGX market capitalisation closes N20.02tn as index depreciates 0.69%
The NSE All-Share Index and Market Capitalisation depreciated by 0.69% to close the week ended March 19, 2021 at 38,382.39 and N20.082trillion respectively.
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Former diplomat unfolds blueprint to salvage troubled Nigeria
Amid increasing social discontent in Nigeria in recent times, a scholar and former diplomat, Nnamdi Onochie, has unfolded a blueprint to put Nigeria back on track to achieve peace, prosperity and progress for survival as an entity.
Vaccination: Low turnout hits FCT, Taraba, Abia, seven others
The statistics, however, showed that the Federal Capital Territory (FCT) as well as states such as Abia, Anambra, Akwa Ibom, Ebonyi, Enugu, Rivers, Sokoto, Kogi and Taraba were still below 50 per cent of the target.
Nigeria records 57 new coronavirus infections
Nigeria has the least death toll among the top six most affected countries in Africa – South Africa, Tunisia, Ethiopia, Morocco, and Egypt.
Alibaba accepts record fine, vows to change
Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country’s anti-monopoly regulator.
NSF: Minister charges team FCT to win more medals
Minister of State, FCT, Dr. Ramatu Tijjani Aliyu, has charged Team FCT to work harder and win more medals for the nation’s capital at the ongoing Edo 2020 National Sports Festival in Benin City, Edo State.
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PACN: Report of liquidity issues in Wema Bank never from us
PanAfrican Capital Holdings Limited, PACN, has stated that recent media reports to the effect that liquidity crisis had hit one of the nation’s oldest banks, Wema Bank did not in any way represent its position or from them.
Mallam Sanusi: Nigeria’s political structure economically unsustainable
He spoke on Thursday at an online roundtable event titled ‘Debt Relief for a Green and Inclusive Recovery in Nigeria?’ organised by the Heinrich Böll Foundation and the Centre for the Studies of the Economies of Africa (CSEA).
President Buhari appoints Usman Baba as acting IGP
President Muhammadu Buhari has approved the appointment of the Deputy Inspector-General, DIG, Usman Alkali Baba, as the Acting Inspector-General of Police, IGP.
NLC condemns mass sack of council workers in Kaduna
The Nigerian Labour Congress (NLC), Kaduna State Council, has condemned the mass sack of workers in the state public service.
World leaders mourn Prince Philip
Current and former world leaders joined a chorus of condolences from around the world following the death of Prince Philip on Friday at the age of 99.