Getty Images Netflix is still growing as people continue to shelter in place around the country, but the company is now seeing the slowed subscriber growth executives predicted would arrive three months ago. On top of announcing that longtime chief content officer Ted Sarandos would join CEO Reed Hastings as co-CEO, the company made a few impressive announcements. Netflix added 10.2 million subscribers in its second quarter, beating the company’s own estimates that it made in its first quarter, which suggested it could add around 7.5 million. Netflix noted that it added 26 million paid new subscribers in the first two quarters of 2020 alone; in 2019, the company added 28 million subscribers in total. The company’s revenue grew 25 percent year over year, but missed its revenue goals for the...
President Muhammadu Buhari has read the riot act to ministers, ministries, departments and agencies, warning that any disrespect to the National Assembly will not be tolerated. According to a statement by Senior Special Assistant on Media and Publicity, Garba Shehu, Buhari issued the warning after meeting Senate President Senator Ahmed Lawan and Speaker of the House of Representatives, Femi Gbajabiamila at the State House, Abuja. Garba said the meeting, which lasted for almost an hour, was characterized by an engaging discussion on a range of key issues of National importance particularly the role of the Legislature as a critical component in supporting their common goal and commitment towards improving the lives of the people of Nigeria. The statement read in part: “In the course of their...
The Federal Government is probing reported violations of COVID-19 safety protocols by some high profile Nigerians accessing some of the newly-reopened airports in the country. The probe, government said, involving Adamawa State governor, Ahmadu Fintiri and the former governor of Zamfara State, Abdulaziz Yari, is with a view to sanctioning violators if it is established that they indeed violated the rules, or apologise to them should the result of the investigations exonerate them. Chairman of the Presidential Task Force on COVID-19, PTF, and Secretary to the Government of the Federation, SGF, Mr. Boss Mustapha, who did not mention the names of alleged violators of safety protocols, urged them to desist from flouting the guidelines. He said: “You will all recall that the aviation sector reo...
The Appeal Court on Thursday stayed proceedings in the appeal filed before it by Abott Ogbobula, the former Rivers State Caretaker Committee of the All Progressives Congress (APC) Ogbobula is challenging the judgment of the High Court of Rivers State which affirmed Igo Aguma’s appointment as the party’s Caretaker Committee Chairman in Rivers state. A three-member panel of the appellate Court chaired by Justice Steven Adah in a ruling held that the Court can’t continue in the hearing of the case, as the first respondent has proved to the Court that an appeal has been entered. Ada said: “An affidavit is evidence of proof. The affidavit is showing that an appeal is before the Supreme Court. “The notice of appeal and other processes have been brought to our notice in respect of the ruling of t...
Source: The Washington Post / Getty Kanye West hasn’t decided to drop out of the 2020 Presidential Race after all. According to TMZ, Kanye West has indeed continued with his presidential run by officially registering as a candidate. On Thursday (Jul 16), Yeezy completed the first round of paperwork with the Federal Election Commission. Filing out the State of Candidacy form, Kanye reveals that he met the minimum requirement of raising at least $5000 in campaign-related expenses, which allowed him to officially add his name to the ballot under the federal campaign law. The latest filings mark the second set of forms necessary for West to be added to the national ballot. Since the paperwork was just completed, the “Ultralight Beam” rapper missed the opportunity to be added to...
Zambian Health Minister Chitalu Chilufya on Thursday pleaded not guilty to corruption charges on the first day of a trial for allegedly using ill-gotten gains to acquire property and assets. Chilufya, 47, was arrested last month and charged with four counts of possession of property “suspected of being proceeds of crime”. “I understand the charges and I plead not guilty,” Chilufya told judge Lameck Mwale at the magistrate court in Zambia’s capital Lusaka. Graft investigators homed in on the minister in May after the minister allegedly amassed a sudden fortune. According to court documents, Chilufya bought around $215,000-worth of shares in a lakeside lodge in 2017. He is also accused of using $165,000 to purchase a guest house and $52,000 for a boat. The trial is set to resume on August 4....
AHA Taxis Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol. The Nigeria Labour Congress (NLC), United Labour Congress (ULC) and some other oil marketing groups had threatened to embark on a nationwide strike over the hike in petrol price, while they called on the government to revert to the previous price. In a statement in Abuja, National President of PETROAN, Dr. Billy Gillis-Harry, stated that while its members are not happy with the way certain things are in the downstream petroleum industry at the moment, they do not think any stree...