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Recording Academy Has 1,345 New Voting Members—About 12% of Its Total
The Academy reports that 40% of those who accepted their invitations are female. Breaking it down by race, 53% are white, 23% are African American, 9% are Hispanic, 3% are Asian American and 5% are “other.” By age, 55% of new acceptances are age 39 or younger. Before this year’s freshman class joined the academy, women accounted for 26% of the academy’s overall membership. People from “traditionally under-represented communities” (meaning: non-white) accounted for 25%. People who are age 39 or younger accounted for 25%. Counting the new members, women continue to account for 26% of the academy’s overall membership. People from traditionally-underrepresented communities (non-white) now account for 27%. People who are 39 or younger now account for 28%. (If you’re puzzled why the percen...
Edo governor presents N153.4 billion 2021 budget
Governor Godwin Obaseki of Edo State on Tuesday presented a budget of N153.4 billion for 2021 to the state House of Assembly for approval. Presenting the budget christened ‘MEGA Budget ‘, Obaseki said that it was made up of N94.8 billion recurrent expenditure and N58.6 billion capital expenditure. “Mr Speaker, you will note that the recurrent component is larger than the capital. It is to help us deal with the social and economic consequences of COVID-19. “The total receipts of N153 billion expected for 2021 comprise of N71 billion from the federation account and N36 billion Internally Generated Revenue (IGR). “We also expect N9.8 billion from aids and grants; most of them have already been finalised. We expect to raise N15.3 billion as loan and 13.8 billion as capital development fund rec...
Gunmen kidnap Edo deputy governor’s brother
A younger brother of the Deputy Governor of Edo State identified as Frederick Shaibu has been kidnapped by gunmen while taking his kids to school in Irhiri, Benin. As of the time of filing this report, it was gathered that the kidnappers are yet to make contact with the family. A family source told newsmen that the incident happened on Monday. The source said, “They attacked him and took him away. It happened in the Aruogba area, Irhiri around 07 am when he was driving his children to school. The children were left by the gunmen who took their father away. But the incident has been reported to security agencies, they have not made any contact with the family. “It is believed that the kidnappers came through the Ogba River because people who witnessed the incident said they went through the...
ICPC indicts 88 MDAs for procurement act violations
File Photo The Independent Corrupt Practices and Other Related Offences Commission has indicted 88 Ministries, Departments and Agencies for violating the provisions of the Public Procurement Act, 2007 in the last three years. The anti-graft agency also said 53 MDAs were guilty of tax default, noting that they had been on the Federal Inland Revenue Service tax defaulters list for three years. It classified 132 MDAs that did not respond to its assessment as ‘corruption high-risk MDAs’ stressing that they “will be treated as such.” This was contained in the ICPC Ethics and Compliance Scorecard of Federal MDAs 2020 made available to newsmen on Tuesday. The commission in its assessment found that none of the MDAs attained full compliance with ethical and accountability standards for efficiency ...
CAC withdraws registration of ‘Enough is Enough’
The Corporate Affairs Commission, CAC, Tuesday cancelled the registration of the Business name ‘Enough is Enough’ with immediate effect. The commission disclosed this on its Twitter handle, @cacnigeria1. “Based on the provisions of Section 579 (2) of the Companies and Allied Matters Act, (CAMA), the Corporate Affairs Commission has cancelled the registration of the Business name “Enough is Enough BN 2210728” with immediate effect. “The Business Name “Enough is Enough” which was registered in 2012 to engage in General Contracts, Sales of Sport Equipment/Promotion deviated from its main objectives over the cause of time. “Consequently, the Commission has removed it from its database and advised the proprietors to surrender the certificate earlier issued to them.” Get more stories like this o...
The hangover awaiting Biden: Deep wounds from Covid-19
The environment could force the Biden team to wait for the Federal Reserve to lead the way just as the central bank did in the past decade — an approach that could again make investors richer, but only slowly help the types of workers Biden wants to support most. The Biden win and vaccine news already drove Wall Street to huge gains this week. But the economy is still over 10 million short of the number of jobs from before the epidemic hit. Small businesses that have survived are increasingly worried they may fail this winter without more federal help. “The jobs numbers have been positive over the last few months, but they are slowing and we are only about halfway back,” said Beth Ann Bovino, chief U.S. economist at S&P Global Ratings Services. “The glass is really still half empty. Ev...
PENGASSAN Strike: No need for panic buying – NNPC
The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll and Personnel Information System (IPPIS). Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, quoted Mallam Mele Kyari as saying, in a release, that the industrial action embarked upon by PENGASSAN would not lead to scarcity of petroleum products as all fuel stations and petrol depots in the country have enough stock of products to service consumers and are open for business. While expressing hope that the industrial dispute wo...
Mike Pompeo: Donald Trump will get ‘second term’
The U.S Secretary of State, Mike Pompeo, perhaps, shocked Americans and the world on Tuesday, when he predicted that President Donald Trump “would win a second term in office” despite the victory of his opponent, Joe Biden, at the recently held presidential polls. The New York Post reported that Mr Pompeo, during a briefing at the State Department’s headquarters, Pompeo was asked by a reporter whether government officials were “preparing to engage” with Mr Biden’s transition team. “There will be a smooth transition to a second Trump administration,” Mr Pompeo said with a smile. “The world should have every confidence that the transition necessary to make sure that the State Department is functional today, successful today and successful with the president who’s in office on Jan. 20 a minut...
Hillary Clinton: US Presidents have always accepted defeat
In an apparent reference to President Donald Trump’s refusal to accept defeat, former US First Lady and Secretary of State, Hillary Clinton, has said the willingness of American Presidents to accept defeat distinguishes American democracy. She said this in post on her Facebook page, where she posted a letter written by then outgoing President George H W Bush to then incoming President Bill Clinton, in 1993. “Here’s how it’s done in America, “she wrote. Continuing, the former presidential candidate said: ‘This is the gracious letter George H.W. Bush left for Bill in the Oval Office on the day of Bill’s inauguration.” Quoting the letter, she said:”Your success now is our country’s success,” President Bush wrote. “I am rooting hard for you.”” “Since the very beginning, American presidents ...
Norwegian Air furloughs staff, pleads for help to survive in 2021
Norwegian Air’s cash crisis could force the debt-laden budget airline to halt operations early next year, the company warned as it issued another plea for rescue funding after reporting quarterly results on Tuesday. The rapid expansion of the pioneer in low-fare transatlantic flights has left it with heavy debts and problems that have been compounded by the COVID-19 pandemic. It is now serving domestic routes only, with just six of its 140 aircraft flying. “Norwegian is dependent on additional working capital in order to continue operating through the first quarter of 2021 and beyond,” the carrier said. The company held cash and cash equivalents of 3.4 billion kroner ($380m) at the end of September, down from 4.98 billion kroner ($550m) three months earlier. Its latest plea comes after Nor...
Spotify Scoops Up Podcast Ad Platform Megaphone in $235M Acquisition
It is little surprise that Spotify is making another big acquisition in the podcast space, following big deals with companies like Gimlet, Anchor and Parcast in the past two years. Since the beginning of 2019, CEO Daniel Ek has referred to audio as the future of the company, envisioning a world where Spotify was less dependent on music — and the content costs of such music — to gain and retain users, listener hours and, ideally, subscribers. In the past two months, Spotify announced a partnership with Chernin Entertainment to provide a pathway for its podcasts to turn into film and TV projects, and, through its Anchor platform, now allows music to be embedded into its shows without further licensing requirements. In late October, the company announced in its third quarter earni...
Racism on the Road: The Oral History of Black Artists Touring in the Segregated South
“We were happy, we were singing, we were joyful, we were away from home for the first time, youngsters on a magical show,” recalls Martha Reeves, lead singer of the girl group Martha Reeves and the Vandellas, who toured through the South as part of Motown’s pioneering tours in the early ’60s. “But being met with the hatred, it was alarming — especially when the bus was shot at.” Below, Billboard presents an oral history of Black touring artists in the ’50s and ’60s, including interviews with Rock and Roll Hall of Famers and one-hit wonders, stars from the Motown and Stax soul labels, and veterans of the Motown Revue and Dick Clark’s Caravan of Stars. All remain shocked and angry at the racism they experienced, mostly in the South, but a...
