Business
Wazupnaija – Naija Entertainment blogs & Forums – Business
2023: Group begs Yahaya Bello to join presidential race
As the preparations for Nigeria’s presidency in 2023 intensifies, a diaspora group known as Governor Yahaya Bello Solidarity Movement, has joined the voices calling on Kogi State Governor, Alhaji Yahaya Bello to join the race. Coordinator of the group, Joy Robinson, in a statement issued in Abuja said, that their decision to back the governor is because there’s need for what she called a competent, energetic, detribalised, progressive, courageous and a religious leader to oversee the affairs of the country. The group noted that anybody with such qualities would assist in taking the country away from the current social and economic problems facing the country, saying Bello possessed all these in addition to being a youth with a track record of performance. According to it, “After considerin...
Research: Nigeria records nearly 30,000 tobacco smoking-related deaths
An Abuja-based Centre for the Study of Economies of Africa (CSEA) has reported that a research it conducted had revealed that 28,876 deaths related to tobacco smoking are recorded annually in Nigeria. Marco Castradori, a research associate with the CSEA, revealed this, on Monday, in Kano, at a report dissemination workshop on the health burden and economic cost of smoking in Nigeria. According to Mr Castradori, the number represents around 16 per cent of deaths from smoking-related diseases and above five per cent of all cases of deaths. “Among the disease analysed, nearly 737,366 events are expected each year, of which 127,859 representing 17 per cent are attributable to cigarette consumption. “In terms of costs, these conditions burden the Nigerian healthcare system with nearly N634 bill...
IGP sues Sahara Reporters, publisher over tenure extension bribe report
The Inspector-General of Police, Mohammed Adamu, has instructed his team of lawyers to commence legal action against the publisher of Sahara Reporters, Omoyele Sowore, over a report by the medium wherein the IGP was alleged to have expended N2 billion on his purported quest to get a one-year tenure extension at the helms of the Nigeria Police Force, spokesman, Frank Mba said on Monday. Adamu was due to retire from the service on February 1 but his tenure has now been extended by President Muhammadu Buhari, albeit under controversial circumstances. Mba, in a statement in Abuja said the three-month extension of tenure of the Inspector General of Police (I-G), Mohammed Adamu, is strictly the prerogative of the President which needed no bribe to effect. He said the reports in some sections of ...
Kano arrests, fines 200 for violating coronavirus protocols
About 200 people have been arrested, fined or incarcerated for violating safety protocols as the joint team of security agencies, mobile courts and COVID-19 marshals continue to sensitize and enforce safety protocols in the state. This was announced in Monday by the Kano state commissioner for Information, Malam Muhammad Garba, while addressing newsmen. “Of the total figure of the violators, 102 were fined N5,000 each, while 25 others have been remanded in prison by the 21 Mobile Courts set up to deal with non-compliance to safety protocols which had been identified as a huge challenge to curbing the spread of the virus. “The enforcement measure became necessary to preserve public safety and ensure full compliance with the Coronavirus prevention protocols, particularly the use of a face ma...
Big Business squirms as Biden tightens climate regulations
BlackRock CEO Larry Fink, who has been hailed by some as a corporate leader in fighting climate change, is putting his weight behind a call for companies to abide by a voluntary global standard instead and is warning against the potential shortfalls of government intervention. And Republican lawmakers are emerging as allies to businesses resistant to the looming transparency rules. “This is about solving a societal problem that does not align simply with the SEC’s mission,” said Rep. Patrick McHenry, the top Republican on the House Financial Services Committee. “I’d like the Securities and Exchange Commission to stick to what they do and then for us in the elected class to make these large-scale societal decisions.” At the heart of the clash is a broader argument about how much control the...
Tokyo 2021: Japan, medical experts disagree over safe Olympics
Japanese infectious disease specialist Atsuo Hamada wants to see the Olympics happen in Tokyo this summer, but admits if they were being held anywhere else, he’d probably support a cancellation. “Even without the coronavirus pandemic, the Olympics as a mass gathering fosters all sorts of infectious diseases,” Hamada, a professor at Tokyo Medical University, told AFP. With less than six months until the pandemic-postponed Games, organisers say they’re confident the event will be safe. But some medical experts aren’t so sure, and think cancellation is safer. “I do understand the athletes’ sentiments,” said Michael Head, a senior research fellow in global health at Britain’s University of Southampton. “But I think from… the global public health point of view, there’s nothing about the Olympic...
Somali opposition leaders ‘no longer recognise president’
Jack Hill/Reuters Somalia’s opposition leaders have announced that they no longer recognise President Mohamed Abdullahi Mohamed, after his term expired without a political agreement on a path toward elections to replace him. The Horn of Africa nation was supposed to hold indirect elections before February 8 but the deadline was missed as the central government and federal states failed to break a deadlock over how to proceed with a vote. It now confronts a political crisis alongside a violent Islamist insurgency, a locust invasion and serious food shortages. A coalition of opposition candidates urged the president, better known by his nickname Farmajo, to “respect the constitution” and ensure a peaceful transfer of power in the fragile country. “Starting from 8th February 2021, the council...
Lagos partners IITA to train 13,548 youths in agribusiness
Lagos State government says it is collaborating with the International Institute of Tropical Agriculture (IITA) and the Africa Projects Development Centre (APDC) to train 13,548 youths in the state in the various agricultural value chains in a five-stage model within the next five years. The State Commissioner for Agriculture, Ms. Abisola Olusanya, disclosed this recently at the opening of the Young Africa Works Agribusiness Internship Orientation Training held at the Lagos State Agricultural Development Authority, Oko-Oba, Agege. She noted that participants of the training programme would be trained to build skills and secure fulfilling work opportunities within the agriculture value chains. Olusanya noted that the Young Africa Works Project of the IITA was a strategic approach to agribus...
Nigerian government gets revenue boost as oil prices near $60
File Photo Nigeria revenue profile may get a further boost in the days ahead as oil prices near $60 per barrel in a move propelled by the Organisation of Petroleum Exporting Countries (OPEC). U.S. West Texas Intermediate crude oil futures rose to their highest levels in nearly a year on Friday with Brent traders zeroing in on the psychological $60 a barrel level on economic revival hopes led by strong compliance with the planned output cuts by OPEC+. Also contributing to the gains were a government report that showed another draw in crude stockpiles, optimism over a speedier U.S. economic recovery on the prospect of additional stimulus from Washington and a successful rollout of the U.S. vaccination program. OPEC+ maintained its oil output policy at a meeting last Wednesday, a sign produce...
The Kid Laroi Sets Australian Chart Record
F*ck Love (Savage) debuted at No. 3 in August 2020 under its original title, F*ck Love, and returned to that peak position in November after the release of the deluxe edition, F*ck Love (Savage). “Huge congratulations to The Kid Laroi on hitting the top of the ARIA Albums Chart,” comments ARIA’s newly appointed CEO, Annabelle Herd. “This is an incredible feat for an artist of any age and, with audiences around the world embracing his music, it is obviously just the beginning.” The mixtape climbs to the top for the first time in its 28th week on the chart. Also, The Kid Laroi (real name Charlton Howard) becomes the second male indigenous solo artist to top the chart after Geoffrey Gurrumul Yunupingu did so in April 2018 with his posthumous release Djarimirri (Child Of The Rainbow). The...
Celeste Snags U.K. No. 1 With ‘Not Your Muse’
With her hot start, Celeste becomes the first British female artist to top the tally with their debut album in more than five years, since Jess Glynne’s I Cry When I Laugh in November 2015. Not Your Muse leads an all-new Top 4. Celeste’s debut holds off Money Can’t Buy Happiness (Since 93), the second album from London rapper Fredo. It’s new at No. 2 and is the U.K.’s most-streamed album of the week. Also new is singer, songwriter and poet Arlo Parks’ first LP Collapsed In Sunbeams (Transgressive), which starts at No. 3, while Steven Wilson’s The Future Bites (SW Records) opens at No. 4. Harry Styles completes the Top 5 with Fine Line (Columbia), up 6-5. U.K. rapper Chip bags a Top 10 entry with his new mixtape Snakes & Ladders, new at No 7, while post-punk outfit Goat Girl ...
Official: Akwa Ibom teachers to face sack over truancy, laxity
Akwa Ibom state Government has stated its determination and readiness to henceforth disengage any teacher under its employ displaying acts of truancy and academic laxity. Chairman of the State Secondary Education Board (SSEB), Dr Ekaette Ebong Okon, who made this known weekend while interacting with newsmen in Uyo, said government has discovered that secondary school teachers posted to rural areas always abandon their work for farming and trading activities. Dr. Ebong who did not particularly mention the schools involved, described the development where some teachers do not work for and still receive monthly salaries as unfortunate. Her words, “We have to persuade teachers in our schools to do their work. I am not afraid to tell you that most people who take up government jobs as teachers ...
