Business
Wazupnaija – Naija Entertainment blogs & Forums – Business
Okomu Oil Palm wants central bank to review anchor borrowers programme
Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...
Israeli court limits use of spy agency to track coronavirus cases
Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy. The government began using the Shin Bet’s surveillance technologies in March 2020, when Covid-19 infections began to spike. But the supreme court quickly blocked such practice, saying legislation was needed to authorise the programme. Tracking was discontinued in June but the following month, amid another infection surge, parliament passed a law allowing the surveillance when “an epidemiological investigation cannot be completed otherwise”. Initially approved for three weeks, that has measure has been repeatedly extended since while details of how information was obtained were kept secret. Critics crie...
Senator Omo-Agege: Delta council polls can only be rigged if electorates sleep
Ahead of the March 6 Delta State local government council polls, Deputy Senate President, Senator Ovie Omo-Agege, weekend, reiterated that the elections could only be rigged if electorates go to sleep, insisting that “every vote must count”. Speaking at Oviri-Ogor, Ughelli North Local Government Area, Delta State, while commissioning a 20 lock-up-store market built by community, Omo-Agege said: “They will tell you that results are written in local government elections, that it is over. It is a lie. “You can only write results, you can only rig elections when everybody has gone to sleep. On that day we are going to insist that everybody must cast their votes; every vote must count.” Urging the people to vote massively for the chairmanship candidate of the All Progressives Congress, APC, in ...
Biden’s bubble risk: A reckoning in markets as the economy recovers
The scenarios are hotly debated across Wall Street, and plenty of market professionals fear the market risks are among the greatest they’ve seen in their lives. Their theories generally hold that the recent spike in bond yields (a signal from investors that they expect higher inflation) will eventually force the Fed to pump the brakes, pulling cash out of the financial system and potentially leading to a much faster and more dangerous popping of bubbles. “The Fed has inflated asset prices and [Chair Jerome] Powell could wake up one day and say, ‘I may be losing control of the bond market and maybe I should be less dovish,’” said Peter Boockvar, chief investment officer at the Bleakley Advisory Group. “And if rates jump and inflation becomes a problem, that’s going to do real damage to the ...
Mogwai, Olivia Rodrigo Rule U.K. Charts
Released independently through the act’s label Rock Action, Every Country’s Sun ends the chart week some 2,900 combined sales ahead of the second-placed effort, Ghetts’ new arrival Conflict of Interest (Warner Records), the OCC reports. “It is 25 years this week since the release of our first single ‘Tuner/Lower,’ the first release on our own label Rock Action Records,” reads a statement from Mogwai. “We didn’t start the band or the label to get into the charts. None of us ever envisaged either the band or the label being in a position where having a No. 1 record would be a possibility.” Dua Lipa’s Future Nostalgia (Warner Records) continues to climb following the release of its “Moonlight Edition.” It’s up 4-3, while The Weeknd’s The Highlights (Republi...
Tash Sultana Lands First Australian No. 1 With ‘Terra Firma’
“I’ve had the most incredible, emotional and overwhelming week after releasing Terra Firma and I’m just really lost for words that it’s No. 1. Like I really am lost for words.” comments Sultana, the Melbourne-based singer, songwriter and multi-instrumentalist. “I was really unsatisfied with the work I’ve done in the past prior to Terra Firma and my mission for this record was to try to be better than I was the day before, the month before, the year before,” they continue. “I produced, arranged, composed, co-engineered and played everything on this record and did it all in my own studio. This was my mission, my entire soul, the air in my lungs and to have it received this way is so much more than I ever expected.” Further down the national albums chart, Ariana Grande’s Positions...
Kano governor donates N3 million to man who lost seven family members in fire incident
Kano State Governor, Dr Abdullahi Umar Ganduje, has donated N3 million to Malam Abdulrahman Ibrahim Wailari to ameliorate the loss he suffered in a fire disaster that engulfed his house recently. Wailari, a resident of Kumbotso local government area of Kano state, had lost seven members of his family to the inferno. The donation was announced during the flag off ceremony for the distribution of care and maintenance items to 1500 households in the state. The money was meant to enable the victim rebuild his house. Mallam Abdulrahman lost his mother, his two children, his sister and her three children lin the tragic incident which occurred last week. 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 shoul...
Anglican Communion in Nigeria affirms rejection of homosexuality
The Church of Nigeria (Anglican Communion) on Sunday affirmed its rejection of homosexuality, vowing to defend the gospel of Jesus Christ. The Primate, Archbishop Henry Ndukuba, made the position of the church known in a statement on Sunday in Abuja. “The Church of Nigeria affirms its total rejection of homosexuality, and will surely stand to defend the truth of the gospel based on the injunctions and ethical principles of the Holy Bible,’’ Ndukuba said. The statement is entitled, ‘‘Church of Nigeria’s Position on the Recent Developments in Anglican Church in North America (ACNA)”. He condemned recent signing of a letter which, he said, recognised and promoted homosexuality in ACNA. The cleric called for sanctions against bishops, priests and laity in ACNA Province who signed the letter. N...
IPMAN advises Nigerian to stop panic buying of petrol
AHA Taxis The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol. Alhaji Suleiman Yakubu, the National Public Relations Officer of IPMAN, gave the advice in an interview with newsmen on Sunday in Abuja. Yakubu fielded questions on the long fuel queues recorded at some filling stations in Abuja. He decried the panic purchases and long queues witnessed in various filling stations across the nation’s federal capital. Yakubu however said that crude oil price has gone up and it has affected the price products. He assured Nigerians that normal supply of petroleum products would soon be restored since loading have commenced at various deports. “We want to assure the buyers that g...
NANS asks Nigerian government to declare abductors of students terrorists
Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists. Newsmen averred that the abduction of over 300 schoolgirls from Government Girls Junior Secondary School, Jangebe, Maru Local Government Area of Zamfara State in the early hours of Friday, was an indictment and clear indication of the failure of the nation’s security apparatuses. Again, NANS advised the government to convey a National Security Summit towards galvanizing the best brains in providing ideas and innovation to combating the country’s multi-faceted security challenges. In a statement in Ado-Ekiti, on Sunday, NANS National President, Com. Su...
Primate Ayodele: President Buhari has broken Nigeria’s unity
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country. The popular prophet frowned at the method the government has chosen to fight banditry: negotiating with bandits in order to stop terrorising the ordinary citizens. Ayodele during a live service in his church on Sunday made it known that Nigeria has broken already with the means through which the government is fighting insecurity. He explained that terrorism will continue to grow bigger and tougher in Nigeria because the government has invited terrorism already by negotiating with bandits. He explained that the unity of Nigeria has been broken, and it’s only God that can bring the country back. Ayodele said: “‘Gi...
Zamfara governor: Abducted schoolgirls will be released soon
Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon. Matawalle stated this in Gusau on Sunday while receiving the federal government delegation which was in the state for sympathy visit over the abduction of the children. “We are using the leaders of the repentant bandits to rescue the schoolgirls from the kidnappers. “Very soon we are going to witness the release of the abductees”, the governor said He said his administration “is going to continue with peace process with bandits considering its impacts in addressing security challenges facing the state”. He commended President Muhammadu Buhari for sending the delegation to symphathise the state over what he described as “ugly act”. Newsme...
