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Nigerian airlines record low patronage over insecurity
Nigerian airlines have confirmed that passenger traffic has reduced in the last four weeks. This, they attributed to the growing insecurity in different parts of the country. Those who spoke to newsmen insisted that high airfares could be a factor, but insecurity was also identified as major reason. They noted that even at the peak of high cost of tickets in May and April, passenger traffic was still high. Newsmen learnt that some airlines that resumed flights to some destinations in the north had to withdraw, while the south-east airports, which used to be lucrative routes after Lagos and Abuja have recorded reduction in passenger movement. Head of Communications, Dana Air, Kingsley Ezenwa, told newsmen that there is slight reduction in the airline’s load factor in its flights to Enugu, O...
Lagos governor asks security agencies to crush criminals
Lagos State Government has tightened the noose on criminal elements, as Governor Babajide Sanwo-Olu fortifies the armoury of the State Police Command with new hardware and gadgets. One hundred and fifty units of double cabin vehicles, 30 patrol saloon cars, four high-capacity troop carriers and two anti-riot water cannon vehicles are part of the crime-fighting equipment donated to the police, yesterday, by the Lagos Government to strengthen security responses across the state. President Muhammadu Buhari took inventory and inaugurated the security equipment before Governor Sanwo-Olu handed over the gears to the Inspector-General of Police (IG), Mr. Alkali Usman, for the use of Lagos Police Command. The equipment and gadgets were procured through the Lagos State Security Trust Fund (LSSTF) –...
European Commission Guidance Muddies the Waters for EU Copyright Directive
They include the requirement for platforms that rely on user-generated content — such as YouTube, TikTok or Facebook — to obtain “fair remuneration” license deals with rights holders and to make “best efforts” to remove unlicensed content and, most importantly, ensure that it stays down. But the document also introduces exceptions that music execs say streaming platforms could use to try and avoid liability for hosting unlicensed content — potentially replacing one safe harbor with another. “The guidance risks creating uncertainty and ambiguity by going beyond the scope of the directive,” says European authors group GESAC, which represents the rights of more than one million musicians, creators and rights holders. GESAC notes that while the guidanc...
House backs bill to prohibit bank employees from operating foreign accounts
A bill seeking to prohibit bank employees from operating foreign accounts has passed second reading at the house of representatives. The bank employees’ declaration of assets act amendment bill also seeks to mandate the bankers to declare assets of their spouses and children less than 18 years old. The Economic and Financial Crimes Commission (EFCC) had in March ordered those in the banking sector to declare their assets in accordance with the act, raising questions as to the legality of such directive. Newsmen reported that the bank employees’ declaration of assets act requires bank board members, managing director, general managers, clerks, cashiers, messengers, cleaners, drivers, and any other category of workers — whether part‐time, casual or temporary — to declare their assets. Leadin...
President Buhari inaugurates police equipment in Lagos
President Muhammadu Buhari on Thursday inaugurated security equipment for the police and other security agencies in Lagos State. Governor Babajide Sanwo-Olu of Lagos officially handed over the patrol vehicles and various security equipment to the Inspector-General of Police, Usman Baba. The security equipment include 150 double cabin vehicles, 30 saloon patrol vehicles, 1000 ballistic vests, 1000 ballistic helmets, 1000 handheld police radios/walkie talkies and 100 security patrol bikes. Others are two Armored Personnel Carriers (APCs), four high capacity troop carriers, two anti-riot water cannon vehicles, office/command furniture and other ancillary support resources. Speaking at the handing over ceremony, Sanwo-Olu said that the state, local governments and corporate organisations contr...
Nigerian Army reshuffles senior officers in major shakeup
The Nigerian Army has redeployed some of its senior officers in a major shakeup. Outgoing Army spokesperson, Mohammed Yerima, a brigadier general, made this known in a statement on Thursday. Notable amongst the new appointments was that of C.G. Musa, a major general, who was named the new Theatre Commander of Operation Hadin Kai, the counter insurgency operation in the North-east region. Also, Onyema Nwachukwu, a brigadier general, has now been appointed as the army spokesperson. Another brigadier general, A.M. Umar, was named the chief of staff to the COAS. The reshuffle, considered normal when there is a new leadership in the force, was expected when the Chief of Army Staff (COAS), Faruk Yahaya, a major general, was appointed on May 27. He replaced the late COAS, Ibrahim Attahiru, who di...
Euro 2020: Manchester United skipper boosts England squad
Manchester United defender, Harry Maguire, was in England training ahead of their Euros kickoff. And Liverpool midfielder Jordan Henderson was also seen sprinting at the Three Lions base in a major boost for boss Gareth Southgate, reports the Sun. Both had injury doubts hanging over them heading into the tournament. It’s too early to tell whether either man could feature in Sunday’s opener against Croatia at Wembley. But seeing two senior men and leaders back among the rest of the group is a shot in the arm for Southgate. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by ch...
Price surge sparks new attacks on Biden but shrugs from Wall Street
“It’s probably time to be a little worried,” said Jack Ablin, chief investment officer at Cresset Capital. “Obviously, the Fed wants to see some inflation. But one of the mistakes they can make is letting it run too hot. And this economy is so totally accustomed to very low interest rates that even a pretty small increase from the Fed could cause it to roll over.” Concerns over inflation were rekindled on Thursday as the Labor Department reported that consumer prices rose by 5 percent in May from a year ago, the quickest pace in nearly 13 years. The so-called core rate of inflation, which excludes volatile food and energy prices, rose 3.8 percent, the sharpest rise since June 1992. Democrats and many economists say that since the numbers are year-over-year comparisons, they look worse than...
Soaring prices draw both shrugs and screaming in Washington
“It’s probably time to be a little worried,” said Jack Ablin, chief investment officer at Cresset Capital. “Obviously, the Fed wants to see some inflation. But one of the mistakes they can make is letting it run too hot. And this economy is so totally accustomed to very low interest rates that even a pretty small increase from the Fed could cause it to roll over.” Concerns over inflation were rekindled on Thursday as the Labor Department reported that consumer prices rose by 5 percent in May from a year ago, the quickest pace in nearly 13 years. The so-called core rate of inflation, which excludes volatile food and energy prices, rose 3.8 percent, the sharpest rise since June 1992. Democrats and many economists say that since the numbers are year-over-year comparisons, they look worse than...
4 climate obstacles facing Biden at the G-7
There must be “no exemptions” or “wishy-washiness” on the extent of the ban, said Han Chen, manager of the international energy policy program at the Natural Resources Defense Council. “Some [Japanese] ministries are interpreting it as saying that you can have plants with lower emissions.” Whether Germany can commit to an earlier domestic coal phaseout will also be telling, said Steve Herz, a senior attorney and international climate adviser with the Sierra Club. Germany in recent years expended much political capital on a laborious effort among civil society groups, unions, power companies and local governments to broker a coal exit by 2038. But the European Commission’s strengthened climate targets and the German constitutional court’s April ruling tha...
4 climate obstacles Biden facing at the G-7
There must be “no exemptions” or “wishy-washiness” on the extent of the ban, said Han Chen, manager of the international energy policy program at the Natural Resources Defense Council. “Some [Japanese] ministries are interpreting it as saying that you can have plants with lower emissions.” Whether Germany can commit to an earlier domestic coal phaseout will also be telling, said Steve Herz, a senior attorney and international climate adviser with the Sierra Club. Germany in recent years expended much political capital on a laborious effort among civil society groups, unions, power companies and local governments to broker a coal exit by 2038. But the European Commission’s strengthened climate targets and the German constitutional court’s April ruling tha...
Turkish side Trabzonspor in love with Ademola Lookman
Trabzonspor are interested in adding Nigerian wing wizard, Ademola Lookman, to their playing personnel and have registered their interest with the player’s parent club RB Leipzig, says Turkish publications Fotomac. Lookman is not short of suitors after impressing last term during a loan spell in the Premier League with Fulham. The former Everton ace scored four goals and added another four assists in 34 matches for the Cottagers. It was not enough, though, to help the London-based side avoid relegation to the Championship just a year after celebrating a long-overdue promotion. Fulham paid €2 million to Leipzig last summer before they could get the Super Eagles hopeful, and Trabzonspor may need to cough up an equivalent sum to acquire the services of the 23-year-old. A couple of years ago, ...
