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Gunmen abduct graduate, one other in Ondo community
Gunmen suspected to be kidnappers have created tension in Ikaram Akoko, in Akoko North West council area of Ondo State, following the abduction of two residents of the community including a graduate, identified as Gbodi. It was gathered that the two victims were abducted within 24 hours in the community while the abductors of one of the victims demanded N10m to secure the freedom of the victim. Gbodi, the HND graduate, was abducted along Okeagbe Ikaram highway while returning from his farm which is few kilometres from his residence, Ikaram, the other victim was kidnapped very close to where some construction workers were abducted recently along Ikaram/Akunu highway. Speaking on the kidnap of the two men, the traditional ruler of the town, the Akala of Ikaram, Oba Andrew Momodu, who confirm...
Colonial Pipeline restarts operations after cyberattack
“It will take several days for the product delivery supply chain to return to normal,” the company said in a statement. “Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period.” The pipeline shipments were stopped on Friday after the attack that used ransomware from the cyber gang DarkSide. It was the latest strike on U.S. companies, and the biggest ever cyber assault on U.S. energy infrastructure, and it drew concerns from lawmakers about the lack of attention that has been paid to vulnerabilities in the critical U.S. infrastructure. “This attack and ongoing outage simply underscore the vulnerabilities we have highlighted, and how crucial it is that Congress act to enha...
Vivendi Sets Date for Universal Music Group Spinoff
Shares of Universal Music Group will begin trading on the Amsterdam Euronext market “before or by” Sept. 27, parent company Vivendi revealed on Wednesday (May 12). Vivendi’s proposal for the UMG share distribution will be put to a vote at the company’s shareholders’ meeting on June 22. Vivendi’s largest institutional shareholders “have been calling for the split or distribution” of UMG to better reflect the fast-appreciating value of its music division, according to Wednesday’s report. Vivendi’s own valuation suggests UMG is being grossly undervalued: on Wednesday, Vivendi’s market value on Wednesday was 32.4 billion euros ($39.11 billion), slightly below Vivendi’s estimate of 33 billion euros ($39.84 billion) for UMG — even though UMG accounted for 45.8% of Vivendi’s first-quarter revenue...
Two people killed in Sudan rally over 2019 protest killings
At least two people have been killed and dozens wounded as Sudanese security forces cracked down on a rally that demanded justice for protesters killed during anti-government demonstrations two years ago, according to the army. Prime Minister Abdalla Hamdok on Wednesday said he was “shocked” by the killings, calling it a “crime to use live bullets against peaceful protesters”. Hundreds gathered on Tuesday evening outside the army headquarters in the capital, Khartoum, at the site where thousands gathered in 2019 initially demanding the removal of then-President Omar al-Bashir and urging a transfer to civilian rule. The demonstration on Tuesday started shortly before iftar, the evening meal which breaks the fast during the holy month of Ramadan. It marked two years since the bloody dispersa...
Edo governor: Nigeria’s unity must be on social justice, equity
The Governor of Edo State, Godwin Obaseki, has called for unity in Nigeria in order for the country to overcome its many challenges. He identified equity, social justice and fairness as imperative in the pursuit of the nation’s unity. Obaseki noted that “Nigeria is one indivisible entity that must remain united irrespective of our regional or political differences.” The governor who spoke to journalists after a closed-door meeting with Southern Governors in Asaba, Delta State, reiterated the need for Nigerians to imbibe the spirit of love, tolerance and peaceful coexistence. According to him, “the meeting is geared towards solidifying the cooperation between Southern Nigeria. “We looked at issues affecting us, ranging from security, economy, regional cooperation and certain positions and h...
Femi Falana: Southern governors should legalise open grazing ban to prosecute offenders
Naijaloaded Human rights lawyer, Femi Falana (SAN), has urged southern governors in the country to back their ban on open grazing with a legal instrument to enable the prosecution of offenders. Falana spoke on Wednesday evening while featuring on Channels Television’s ‘Politics Today’ programme monitored by newsmen. Newsmen had earlier reported that about 17 southern governors met on Tuesday in Asaba, Delta State, and resolved to ban open grazing and movement of cattle by foot in the region. The governors also called on President Muhammadu Buhari to address the nation and convoke a national dialogue to address widespread agitations amongst various groups in the region. Speaking on the television programme on Wednesday, Falana said the ban on open grazing, night grazing, underage grazing wa...
World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa
The World Bank says Nigeria is responsible for over 40 percent of diaspora remittances in Sub Saharan Africa (SSA). In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, “Remittances to Sub-Saharan Africa declined by an estimated 12.5 percent in 2020 to $42 billion,” the statement read. “The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, which alone accounted for over 40 percent of remittance flows to the region. “Excluding Nigeria, remittance flows to Sub-Saharan African increased by 2.3 percent. “Remittance growth was reported in Zambia (37 percent), ...
White House seeks to calm panic buying as southeast gas stations run dry
Context: The administration is trying to ease the supply panic that started this weekend but reached fever pitch on Tuesday. Drivers in the Southeast have flocked to gasoline stations to hoard fuel in a reaction to the continued outage at the Colonial Pipeline. That 5,500-mile conduit supplies the East Coast with nearly half its fuel supplies and is currently offline after hackers succeeded in hitting its business computer system with a ransomware attack Friday. Colonial could announce by the end of today whether its computer systems were sufficiently sound to begin the days-long task of restarting the pipeline. The surge in gasoline demand in some regions has drained retail outlets of their supplies, with about three quarters of the gas stations in Pensacola, Fla., and Raleigh, N.C., and ...
Event & Arena Marketing Conference Sets Finalists for First Impact Award
Director of marketing for KLOS-FM Wendy Ellis was nominated for the Impact Award for the creation of meal distribution service California Love Drop. Ellis teamed up with Wahoo’s Fish Tacos co-founder Wing Lam and Blue-C co-founder Eric Morley to deliver nearly 20,000 meals at 61 different locations since April 2020. Another Macon Centreplex nominee, Peyton Jeter stood out among the Impact Award submissions for her pivotal role in the creation of the venue’s Racial Reform and Inclusion Committee. The hard work of the Committee became a standard that Spectra Venue Management rolled out to the entire Management portfolio and led Peyton to be a Regional Champion where other venues can use her as a resource to get their venue’s committee up and ...
VP Osinbajo: Nigerian government democratising broadband connectivity
It’s the first in sub-Saharan Africa and one of the three such cutting-edge facilities on the continent, with top prime global certifications for smart card manufacturing and it is based in Lagos, Vice President Yemi Osinbajo, SAN, relished yesterday afternoon while touring SecureID company’s premises, and affirmed Nigeria’s extremely bright economic future, which he said cannot be aborted despite current challenges. According to him, “the economic future of our nation is extremely bright. Yes, we have challenges today and they may look daunting. But let me assure you that these issues will be resolved. The march of this nation to its manifest destiny as Africa’s leading economic power will not be aborted. We are more than able to overcome.” An impressed Prof. Osinbajo said the Buhari Admi...
African Union mission urges return to ‘constitutional order’ in Chad
An African Union mission recommended on Wednesday that Chad’s military share power with a civilian president, as one of three options towards restoring constitutional order following last month’s killing of president Idriss Deby. A military council led by Deby’s son Mahamat Idriss Deby seized power in April after his father was killed while visiting troops opposing a rebel insurgency. The African Union, which could suspend Chad over the military takeover, sent a fact-finding mission to develop strategies for a return to constitutional order and democratic governance. In a report, the mission recommended the AU’s security council could support the military transition as it stands, while appointing a special envoy to ensure the military keep their promise to organise elections with 18 months...
Southampton confirm Arsenal target to leave club on free transfer
Southampton have confirmed that Arsenal and AC Milan target Ryan Bertrand will leave the club for free this summer. Bertrand has spent the last six years of his career on Southampton’s books, scoring eight goals in 240 appearances, but he will walk through the St Mary’s exit doors at the end of the 2020-21 season after failing to reach an extension agreement with the club. The Saints have announced the 31-year-old’s departure, thanking him for his sterling contribution to their cause while insisting he will always hold a special place in the heart of the club’s supporters. “Southampton Football Club can today confirm that Ryan Bertrand will leave the club when his contract expires at the end of the season,” a statement on the club’s official website read. “Bertrand was a key part of the te...