<span class="localtime" data-ltformat="F j, Y | g:ia" data-lttime="2021-04-28T16:15:55+00:00“>April 28, 2021 | 12:15pm ET Randy Quaid, the 70-year-old actor best known for his character Cousin Eddie in the National Lampoon’s Vacation franchise, wants to run for Governor of California. He announced his intent to run Tuesday on Twitter with an informal statement bashing the state’s district attorneys. “I’m seriously considering running for governor,” tweeted Quaid on Tuesday. “The prosecutorial corruption in California (esp Santa Barbara & the Bell scandal) is rampant; and I promise that if elected I will clean up the District Attorney Offices throughout the state. #RandyQuaid4CAGOV” Quaid is a longtime Republican and has been a vocal supporter of Don...
Absa has appointed Deon Raju as the new Group Chief Risk Officer – effective 1 June 2021. Raju is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. He has been with Absa for more than 20 years, having held roles including in Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets. He is a seasoned banking professional with deep institutional knowledge of the Group, as well extensive and diversified banking experience in business, finance and risk management. Raju is a Chartered Accountant and a Chartered Financial Analyst. He holds a BCom (Honours) from the University of Natal and is currently completing an MSc in Finance at the University of Michigan (Dearborn). “De...
MTN Ghana has revealed its results for the quarter ended 31 March. The telco’s subscriberbase grew by 0.6 million to 25.0 million, as it improved its network and customerexperience. Continued demand for data and increased adoption of more digital payment services supported the active data subscribers’ growth of 0.4 million to reach 11.2 million and MoMo users growth of 0.1 million to reach 10.7 million. Most notably, MTN Ghana revealed that it would spend around $149 million in total CAPEX in the year to meet the heightened need for reliable and resilient voice, data and digital services. “We remain in line with our medium-term target to improve our margins and prudently manage our costs. EBITDA grew by 24.6%, with a corresponding margin expansion of 1.2 percentage points to 54.6%. Th...
A judicial panel of police brutality and other related matters has recommended about N755 million as compensations for petitioners. The Chairman of the panel, Salisu Sidiq, revealed this while submitting the committee’s reports and recommendations to Governor Rotimi Akeredolu. The panel inaugurated on October 20, 2020, sought to address issues that led to #EndSARS protests in the state. Mr Sidiq said it received and heard 77 petitions, out of which 14 were criminal, and 63 were civil matters. He added, “Mr Governor sir, the panel, after careful consideration of its limitations in line with extant Supreme Court judgments on the powers of panels of inquiry to entertain res-judicata cases I suggest that it is high time a review is carried out on Section 84 of the Sheriffs and Civil Process Ac...
Nigerian universities have been charged to always comply with global best practices in terms of corporate governance, operations, benchmark, quality assurance and judicious application of resources for impact. The Chairman of the federal government Visitation panel to the Federal University of Petroleum Resources (FUPRE), Effurun, Prof. Ikenna Onyido, stated this yesterday at the institution. Onyido argued that it was important for the federal government to at interval check the books of the various universities owned by it to ascertain compliance to the various regulations and assess their development in line with available regulations overtime. The Emeritus Professor and former Vice-Chancellor of Michael Okpara University of Agriculture Umudike, who led a seven-member team to FUPRE, stre...
The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
Malawi’s highest court on Wednesday outlawed the death penalty and ordered the re-sentencing of all convicts facing execution. Capital punishment has long been mandatory in Malawi for prisoners convicted of murder or treason, and optional for rape. Violent robberies, house break-ins and burglaries could also be punishable by death or life imprisonment. Executions have however not been carried out since Malawi’s first democratically elected president, Bakili Muluzi, opposed the punishment when he took office in 1994. In a landmark ruling on Wednesday, Supreme Court judges hearing an appeal by a murder convict declared the death penalty “unconstitutional”, de facto abolishing the punishment. “The death penalty… is tainted by the unconstitutionality discussed,” the judgement said. Malawi last...
File Photo The Nigeria Union of Journalists (NUJ), Ondo State Council, has appealed to the Federal Government to adequately fund the Nigeria Immigration Service (NIS) to boost its performance. The union said that the funding would enable the agency to fully perform its primary responsibilities of providing internal security as well as to overcome challenges of issuing passports to citizens. The NUJ Chairman, Mr Adetona Aderoboye, made the appeal when he led members of the union executive council on a courtesy visit to the state Conptroller of NIS, Ibong Osato Aideyan, at her office on Wednesday in Akure. “In view of the current security challenges facing the nation, it has become expedient for the federal government to give adequate backing to the agency. “It is for it to be able to proper...