Politics
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NSE market capitalisation opens week with N162 billion loss
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day. Specifically, the market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion. Also, the All-Share Index (ASI) shed 310.07 points or 1.27 per cent to close at 24,026.05 compared with 24,336.12 achieved on Friday. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are Nestle, Beta Glass, BUA Cement, Julius Berger and C & I Leasing. In spite of the decline on the first trading day, analysts at Afrinvest Limited expected bargain hunting to drive gains in the next trading session. Analysts at APT Securities and Funds Limited, on their expectations, said, “We expect a slowdown in mark...
Ex-SSG: I’m not leaving APC, but won’t support Governor Akeredolu’s re-election
Former Secretary to the Ondo State Government, Honourable Ifedayo Abegunde, said he would not defect to another party and would also not support Governor Rotimi Akeredolu’s reelection. Abegunde, who resigned his appointment today (Monday) said he would remain in the APC but support another governorship aspirant. He said that he would not be joining his friend the defected deputy governor Hon Agboola Ajayi in the opposition PDP as mist people in the state would want to believe. Abegunde said: “I will remain in the APC. I won’t support governor Akeredolu in his second term bid but will throw all my weight behind Dr Olusegun Abraham. According to him, Olusegun Abraham is the messiah that Ondo State needs now. Meanwhile, governor Akeredolu will Tomorrow (Tuesday), July 7, 2020, swear in the ne...
Motorists Urge ‘all-in-one’ Navigation App to Roll-out Across Africa
Image sourced from Forbes African motorists are calling for the introduction of NEXIT – a navigation app that allows users to search for any combination of restaurants, hotels, shopping malls, attractions and petrol stations based on specifications like price and distance. According to Vanguard Nigeria, the app – which is currently only available in the US – “provides turn-by-turn navigation and the ability to find exactly what the user is looking for, when it is needed, particularly on the go” and is useful on long journeys or road trips. “I’ve read about this app. I [hope it] will be introduced here. It’s a harrowing experience for [roadtrippers] to just branch off at any restaurant on the way, not knowing their hygiene level or how affordable their food can be,” says Nigerian motorist, ...
Top 10 Most Popular Android Apps in Nigeria
Sourced from Gadgets Now. In this tech-reliant world, smartphones and apps have become essential. Whether it’s to make communicating with remote-working colleagues more convenient or keeping up with friends and family on social media – apps play a huge role in our day-to-day interactions with the world. Here’s a closer look at the top 10 android apps used by Nigerians: 10. WhatsApp Business WhatsApp Business enables users to have a business presence on WhatsApp, communicate more efficiently with customers and ultimately help grow business. 9. Telegram Telegram is a communication tool with over 400k users – it connects users via a unique, distributed network of data centres around the globe. /* custom css */ .tdi_3_bce.td-a-rec-img{ text-align: left; }.tdi_3_bce.td-a-rec-img img{ margin: 0 ...
New Malware Steals Facebook Credentials from African Mobile Users
Sourced from Republic Title Anti-fraud firm, Evina has revealed that a certain malware uses javascript to retrieve the login credentials of Facebook users. The company confirms that social media users in Africa are amongst those who have been targeted. This malware launches a browser that loads Facebook at the same time a mobile user is trying to open the platform – by displaying in the foreground, the user believes the fraudulent browser is legitimate. Malware and ransomware that targets hundreds of millions of mobile users worldwide can have devastating personal, productivity and financial consequences. “This new malware is particularly dangerous as it could effectively ruin your online and offline life by making off with the credentials of one of your most valued pieces of digital real ...
Vodacom Nigeria Appoints New MD
Vodacom Business Africa announced that it has appointed Valentine Chime as the new managing director for its Nigeria operations. Chime joins the Company from Aruwa Capital, a private equity company investing across West Africa. Prior to this, he was at Kaizen Venture Partners, a private equity company focused on distressed assets. He has held various C-suite positions in a number of portfolio companies in different sectors. As MD, Chime will drive the Company’s vision of becoming Africa’s leading cloud and digital service provider, bringing to market a very relevant suite of next-generation technology solutions in the fields of Edge AI, SD-WAN/NFV and Cloud. “Vodacom Business Africa is well-known and very respected in the industry, and I look forward to taking up this mission. COVID-19 has...
Neil Young Again Lashes Out At Trump Over Unauthorized Use of Music
Neil Young considers Donald Trump “a disgrace to my country,” so you can understand his furor over the repeated, unauthorized use of his music at campaign events. Last night, during Trump’s super racist Fourth of July celebration at Mount Rushmore, at least three of Young’s songs played aloud: “Keep on Rockin in the Free World”, “Like a Hurricane”, and “Cowgirl in the Sand” Young responded to a clip of “Rockin in the Free World” being played by writing simply, “This is NOT Ok with me…” He later quote tweeted a second clip, writing, “I stand in solidarity with the Lakota Sioux & this is NOT ok with me.” (For context, the Lakota Sioux was the indigenous group of people who were forced off their land and saw their spiritual shrine “The Six Grandfathers” turned into Mount Ru...
Barcelona outclass Villarreal after recent disappointments
Barcelona responded to a trying week by thrashing Villarreal 4-1 away to stay alive in the Liga title race, producing one of their best displays under coach Quique Setien. The Catalans had drawn their last two matches to hand more momentum to league leaders Real Madrid but Sunday’s win took them to 73 points after 34 games, four behind their arch-rivals who won 1-0 at Athletic Bilbao earlier on Sunday. An own goal from Pau Torres put Barca in front in the third minute, with Villarreal’s Gerard Moreno levelling on the rebound in the 14th before the visitors restored their lead through an outstanding curling strike from Luis Suarez six minutes later. Antoine Griezmann stretched Barca’s advantage just before the break with a sublime chip, having been dropped from the starting lineup in the la...
Ondo SSG Ifedayo Abegunde resigns appointment
The Secretary to Ondo State Government, Mr Ifedayo Abegunde, has resigned his appointment. Abegunde said he would communicate his next line of action within the next 24 hours. It was, however, gathered that he would be defecting to the opposition Peoples Democratic Party soon. Abegunde is a close friend to the defected deputy governor, Hon Agboola Ajayi. 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 should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Jose Mourinho claims Arsenal are ‘in trouble’ ahead of upcoming derby
Jose Mourinho has hit back at Arsenal after their social media account taunted his side after they failed to beat Sheffield United on Thursday evening. The Gunners moved to taunt our rivals with a post of our side beating Sheffield United the morning after Spurs were beaten 3-1 by the same side below. The Spurs boss moved to react to the post, claiming that we wouldn’t be enjoying their misfortune in such a way if they had more to celebrate themselves. “I think if they were top of the league or fighting for top four in a really good moment they wouldn’t enjoy the problems of others,” he said ahead of his side’s game with Everton on Monday night. “You only enjoy the problems of others when you are also in trouble. “In the end it says more about them, they don’t have much to celebrate, they ...
Pep Guardiola ‘interfered in medical matters’ at Bayern Munich – ex-team doctor
Getty Images Pep Guardiola “interfered in medical matters” at Bayern Munich, according to former team doctor Hans-Wilhelm Muller-Wohlfahrt, who says the highly-rated coach thought he “knew everything better than I did”. Guardiola was drafted in to replace Jupp Heynckes in the Allianz Arena hot seat in the summer of 2013, inheriting a treble-winning squad brimming with world-class talent. The Spaniard had already established himself as arguably the finest manager in Europe by that time, after assembling one of the greatest teams in history at Barcelona between 2008 and 2012. As expected, Bayern continued to dominate the domestic scene in Germany with Guardiola at the helm, but he was unable to deliver success in Europe. The 49-year-old picked up seven major trophies during his time at the A...
Facebook and Instagram Now Remind Users to Wear ‘Face Coverings’
Facebook and Instagram have taken it upon themselves to remind users to wear face masks, this comes after a surge in positive COVID-19 cases in the US – there’s no word yet on whether or not this alert will rollout worldwide. Essentially, the social platforms will plaster an alert at the top of the respective apps – Facebook users will then be able to navigate the reminder for more tips by opting to visit the COVID-19 Information Center while Instagram users will be directed to the Centers for Disease Control and Prevention for more information. “With the rise in COVID-19 cases in the US, we’re putting an alert at the top of Facebook and Instagram to remind everyone to wear face coverings and find more prevention tips from the CDC in our COVID-19 Information Center,” reads a statement from...
