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Justin Bieber, Ariana Grande & J Balvin to Reap Millions in HYBE Deal to Buy Ithaca Holdings
This isn’t the first time artists have received shares from HYBE. When the company went public last October on the Korean stock exchange, the seven members of BTS each got shares valued at $8 million. But sources say the equity being awarded to Ithaca’s artists is coming out of Braun’s stake. HYBE, the company behind powerhouse K-pop group BTS, said Friday (April 2) that it would pay $1.05 billion in cash and shares to acquire Ithaca Holdings, in a move designed to help the Korean company establish a strong U.S. presence in music and entertainment while also heightening its profile for American financial investors. According to terms of the deal, which is expected to close in about a month, ...
Former Delta acting governor passes on
Former Acting Governor of Delta State, Rt Hon Sam Obi, is dead. He died in the early hours of Saturday. Circumstances leading to his sudden was not known as at press time, but a dependable source confirmed that his body has been deposited in a mortuary in Asaba. The late Sam Obi represented the Ika North East State Constituency in the Delta State House of Assembly for three terms (2003-2015) and became Acting Governor in 2010 after Court nullified the 2007 election of former Governor Emmanuel Uduaghan and ordered a rerun. Until his death, he was the General Overseer of Oracle of God Ministry, Asaba. 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 t...
Nigerian army urges journalists to protect national interests
The Commander, Sector 2, Operation Lafiya Dole, Adamu Nura, has appealed to journalists to prioritise Nigeria’s national interest in their reporting. Nura made the appeal, on Friday, while hosting members of the Nigeria Union of Journalists (NUJ), who paid him a courtesy visit in Damaturu. “National interest is more important than any other interests, including public interest; because when you protect national interest, public interest will automatically be covered,” he said. He, therefore, enjoined journalists to always cooperate with security agencies, to protect the national interest in their reporting “and avoid giving any form of publicity to terrorists”. “Security is everybody’s business, without security nothing can be achieved,” he said. He added that the sector was ready to build...
PDP condemns attack on ex-CBn governor, urges security beef up in Anambra
File Photo Peoples Democratic Party (PDP) has condemned the recent attack on the former Central Bank of Nigeria Governor, Chief Chukwuma Charles Soludo, describing it as callous, intimidation and unnecessary. The party said the killing of the three policemen attached to the former CBN governor was criminal and uncalled for, saying the police officers were doing their legitimate duty at the time of the incident. Honourable Ikechukwu Emenike, the Anambra South PDP Youth leader, who stated this in an interview with newsmen in Isuofoa, yesterday, said the gunmen disrupted Soludo’s interactive session with youths of Isuofia, who were gathered at the Isuofia Civic Center, shot dead three policemen and abducted Engineer Emeka Ezenwanne, the commissioner for Public Utility in the state who jumped ...
Expert: Corporal punishment impedes autistic child’s development
Baerbel Jaja, Head, Government Special School, Lafia, Nasarawa State, says corporal and psychological punishments should not be meted to special needs persons. Jaja told newsmen in Lafia on Friday that corporal and psychological punishments hamper the overall functionality and the development of such persons. She said: “If you flog an autistic child, that’s the end of the development for that child. “You have killed his spirit. “Even for a normal child, if you keep flogging him, you have actually killed the spirit of that child and that will make him not to function well. “If an autistic child does not function the way you want, you have to be patient with him. “You cannot use force on any of this special need kids because it doesn’t work; it will rather close up the little you have achiev...
Biden’s union allies wonder where they fit in with green energy future
“The jobs that he talked about yesterday were construction jobs,” said Phil Smith, a spokesman for the United Mine Workers of America, a day after the Biden speech. “We’re not seeing anything concrete that our members can look at and say, ‘OK, that’s where I’m gonna fit in.'” The complaints underscore the difficulty Biden will have in pursuing his two most ambitious goals: reviving the labor market by generating millions of jobs for unions — which traditionally thrive in old-line industries — and transforming the U.S. into a clean economy where electric vehicles and battery storage replace coal, natural gas and oil as energy sources. Environmentalists defend the plan as a necessary move away from old technologies to battle climate change. And...
Zamfara governor: We rescued 2000 kidnapped victims through dialogue
The Zamfara State Governor, Bello Mohammad Matawalle, says his administration has secured the release of over 2000 kidnapped victims. He said this was achieved through dialogue and peace process initiated in the state. He said since he assumed office, over 62 bandits have accepted and embraced peace. The Governor, through his newly appointed Commissioner for Information, Alhaji Ibrahim Magaji Dosera, disclosed this at a news briefing in Kaduna on Friday. He said the repentant bandits are also helping in campaigning and convincing those who are yet to accept the dialogue and reconciliation process to do so. “They (repentant bandits) are also helping in the identification of the leaders of the recalcitrant bandits, including their camps and location for dialogue and reconciliation. Since the...
Namibian president caught in new fishing corruption allegations
Informante The president of Namibia has been implicated in new allegations of corruption involving the country’s lucrative fishing industry by an investigation released by the Organized Crime and Corruption Reporting Project (OCCRP) and The Namibian newspaper. According to a lawyer who allegedly arranged the deal, President Hage Geingob instructed his close associates to embezzle millions of dollars from a state-run fishing enterprise in order to bribe electors at the 2017 congress of the ruling SWAPO (South West Africa People’s Organization) party, reports the new investigation released on Friday. The lawyer, who is not named by the OCCRP, claims that Hage Geingob – elected as President of Namibia in 2014 and re-elected in 2019 – allegedly asked James Hatuikulipi, then chairman of the sta...
Niger’s new president blasts terrorists for war crimes
Niger’s new president Mohamed Bazoum lashed out on Friday at jihadists who have carried out devastating attacks on his country, accusing them of “war crimes” after he took the helm of the troubled nation. The inauguration marked the first-ever transition between elected presidents in Niger’s six decades of independence from France — a historic moment that has been widely praised. But the Sahel country’s problems were deeply underscored in the run-up to Friday’s ceremony, after a string of jihadist massacres and an alleged attempted coup just two days before the handover. Bazoum hit out at “terrorist groups whose barbarity has exceeded every limit.” These groups “carry out large-scale massacres of innocent civilians, and in doing so, commit real war crimes,” Bazoum declared. Niger is being ...
Ibadan polytechnic students threaten public protest over extortion, mass failure
File Photo Students of The Polytechnic, Ibadan, Oyo State, have threatened to publicly protest continuous extortions by lecturers as well as the recurrent mass failures typifying their examinations, saying their future was hanging in the balance. A source told newsmen that the students are from the Urban and Regional Planning Department. Through their association, the aggrieved students this week raised a petition to the school management to look into the anomalies of their lecturers and take action, otherwise they would lead a public protest. In a copy of their petition titled, “Lamentations of the Urban and Regional Planning Students,” the students decried the harsh learning conditions in the department and the resultant mass failure and extra academic years that students suffered They s...
Easter: With God’s help, Nigeria will triumph over insecurity – NILDS chief
The director-general, National Institute for Legislative and Democratic Studies (NILDS), Prof. Abubakar O. Sulaiman, has felicitated Nigerians, particularly of the Christian faith as the world celebrates Easter. The DG urged Nigerians to emulate the virtues and teachings of Jesus Christ, as he assured them of God’s ability to see them through whatever challenges or difficulties they might be experiencing; emphasizing that the insecurity in Nigeria would soon be a thing of the past and Nigeria would surely be victorious. According to a statement by the media office of NILDS on Friday, Prof Sulaiman noted that the crucifixion and resurrection is a strong message to the people and charged them to remain hopeful for a better Nigeria. He further urged the citizenry to strictly observe the publi...
Easter: Abuja airport records high traffic
The Nnamdi Azikiwe International Airport, Abuja, on Friday witnessed increased traffic due to huge number of passengers travelling to different parts of the country to celebrate Easter. According to NAN reports, flights from Abuja to other routes were fully booked before Thursday. Also, booking and check-in counters of many airlines were crowded with travelers rushing to board their flights. Many of the airline officials who spoke with NAN in separate interviews said there was upsurge in traffic, but ticket fare still remained same. The Max Air Station Manager, Kehinde Ogunyale, said that more people had chosen to fly home for the Easter celebration than the previous years. Ogunyele further said that Max Air also possibly experienced unique increase in passengers due to reduction in flight...
