Resignation
Genesis director to step down and move into advisory role
On Wednesday, Matthew Ballensweig, managing director of cryptocurrency broker Genesis, announced via Linkedin that he was formally leaving his post after over five years of tenure. Ballensweig is also the co-head of sales and trading. As told by Ballensweig, he has been transitioning his core responsibilities to a handful of trusted colleagues who will be taking the front-line role. “I am forever thankful to both Digital Currency Group [Genesis’ parent company] and Genesis for giving me the opportunity to build a capital markets business from the ground up. We built an eight-person company huddled in a small office in New York City back in 2017 to a sell-side trading behemoth doing billions in volumes in multiple countries today.” Ballensweig will stay with the firm...
Altron Group Chief Executive Mteto Nyati to Step Down
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Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure. Delong unilaterally resigned two days prior, citing internal structural chaos among developers behind the popular DEX. In explaining his decision, Delong outlined failures to scale operations, lack of organization skills, problematic contributors, and poor communication as the primary reasons. On Twitter and among blockchain personalities alike, Delong received mostly praises for coming public with his experience and learning from his mistakes. According to Delong, he did not inform the Sushi community when problems began to surface amongst developers he managed, nor did he engage with users enough to build rapport for the pr...
Dutch FA opens talks with Louis van Gaal over return to national team
Louis van Gaal has moved a step closer to returning as Netherlands coach for a third time after meeting with Dutch football association officials to discuss the job, local media reported on Friday. The reports said the 69-year-old held talks at his home in Portugal on Thursday with KNVB directors Nico-Jan Hoogma and Eric Gudde, who are responsible for the choice of a new coach after Frank de Boer’s resignation. De Boer resigned after their Euro 2020 last-16 defeat to Czech Republic on June 27 and the KNVB said it would move swiftly to find a replacement, with the team set to resume their World Cup qualification campaign in September. Van Gaal, who officially retired in 2019 but stepped away from the game two years earlier after leaving Manchester United, had two previous spells at the helm...
Isa Pantami: PDP lambasts APC for ‘supporting terrorism through silence’
The Peoples Democratic Party has accused the All Progressives Congress and its leaders of a “conspiratorial silence in the face of the worrisome revelation in which a member of the Federal Executive Council and Minister of Communications and Digital Economy, Isa Pantami, has been accused of affiliation with terrorist groups.” Pantami has been under fire of late over sermons he delivered in the past that allegedly had him sympathising with terrorist organisations – Al-Qaeda and the Taliban – a thing he says he has repented of. He has, however, received the backing of the Presidency which declared that calls for his resignation or sacking are tantamount to cancel culture. The ruling All Progressives Congress is yet to issue a statement on the comments made by the Minister concerning the terr...
PDP wins all seats in Rivers council election
File Photo In line with expectation and trends in other parts of the country, the ruling Peoples Democratic Party, PDP, in Rivers has been declared the winner of all the chairpersons and councillorship seats contested for in the State local government election held on Saturday. The announcement that the PDP won all the seats contested for in the 23 Local Government Areas of Rivers was made by the State Independent Electoral Commission, RSIEC, in Port Harcourt on Sunday. However, one of the parties that participated in the election, the Social Democratic Party, SDP has described the poll as a ‘sham’ while calling for the resignation of Chairman of RSIEC, Justice George Omereji [rtd]. The party also called for cancellation of all the results of the election. The SDP councillorship candidate ...
Chad president kicks off campaign for sixth term
President Idriss Deby of Chad kicked off his campaign for a sixth term on Saturday, calling for unity after rival protests were banned. The first rally since the start of the official election period on Thursday was held by Deby’s Patriotic Salvation Movement (MPS) at a packed stadium in the capital, N’Djamena. Deby, who has ruled for 30 years and is widely deemed a shoo-in for another term, said he had fought for national unity, while also drawing a line in the sand for his opponents. “People must know that democracy is not synonymous with disorder,” the incumbent warned. “Those who believe that should go elsewhere.” On Thursday, three opposition candidates quit the race ahead of the April 11 ballot with one of them — Mahamat Yosko Brahim — saying the climate was “not favourable for fair ...
Thai prosecutor indicts 18 over anti-government protests
A Thai prosecutor on Monday indicted 18 activists for their roles in anti-government rallies last year by a protest movement that has brought unprecedented challenges to the royal palace and military-dominated establishment. The youth-led movement sprang up last year calling for the resignation of Prime Minister Prayuth Chan-ocha, a former junta leader, and reform of the powerful Thai monarchy, breaking a longstanding taboo under the country’s lese majeste law. Those indicted included three prominent leaders charged with sedition and lese majeste during rallies in September, where tens of thousands escalated calls for monarchy reforms. The other 15 protesters face trial for sedition and breaching a ban on public assembly. “There is sufficient evidence that the accused have committed wrongd...
Ex-pope Benedict chides ‘fanatical’ Catholics who reject his resignation
Former pope Benedict has chided conservative Roman Catholics who have not accepted his decision to resign as “fanatical”, telling them that there is only one pope and it is Francis. Benedict, now 93, in 2013 became the first pope in more than 600 years to resign instead of ruling for life, saying he no longer had the strength to govern the 1.3 billion-member Church. Some hardline conservatives unhappy with the more liberal Pope Francis have often voiced doubts about whether Benedict stepped down willingly, even though he has said several times in the past eight years that he did. “It was a difficult decision. But it was a fully conscious choice and I think I did well (to resign),” he told Italy’s Corriere della Sera in a interview published on Monday. “Some of my more fanatical friends are...
Former NAF chief Nsikak Eduok laid to rest in Akwa Ibom
It was a harvest of tributes for a former Chief of Air Staff, late Air Marshall Nsikak Eduok as his remains were laid to rest in his hometown in Ibesikpo Asutan, Akwa Ibom state on Saturday. Chief of Air Staff, Oladayo Amao who spoke at the Ibom Hall grounds Uyo during the funeral service conducted by United Evangelical Church, Founded as Qua Iboe Church, described late AM Eduok as a man of valour, integrity and a great achiever with unprecedented strive for success. Based on these sterling attributes, the Force has decided to immortalise him by naming Ultrafit Gymnasium center at the Nigerian Air Force Base Yola after him. According to him, late Eduok was one of the best hands the force had, one who changed the landscape of the service and was mentor to many retired and serving officers. ...
2023: APC’ll win Delta if leaders are less cantankerous – Cairo Ojougboh
Immediate past Interim Executive Director of Project, EDP on the board of the Niger Delta Development Commission, NDDC, Dr Cairo Ojougboh, has said the All Progressives Congress, APC has a better prospect to win Delta State in 2023 if the leaders of the party could cooperate, began to be less cantankerous and do not match their ambition with hostility with other party members. Ojougboh who stated this while speaking on the sidelines of sensitisation of party members in Ika South on the registration/revalidation exercise of the party said the APC remained the most popular party in Delta but lamented that members have not been able to utilise such popularity to win elections over the years because of squabbles among leaders. Hear him: “APC is the most popular party in Delta State for a very ...
Guatemalan president says graft fighter biased, ahead of Harris visit
Guatemala’s President Alejandro Giammattei criticized the country’s best-known graft prosecutor for what he said was a left-wing politicization of the fight against corruption, a view at odds with strong U.S. backing for his work. Speaking in an interview with Reuters late on Tuesday, Giammattei nonetheless expressed hope that a visit to Guatemala next week by U.S. Vice President Kamala Harris will produce shared strategies to create prosperity in rural areas prone to emigration. Harris, a Democrat, is in charge of Washington efforts to tackle the causes of mass migration from Honduras, Guatemala and El Salvador, collectively dubbed the Northern Triangle, including a focus on corruption and poor governance that she says limit opportunities. There is a $4 billion U.S. aid package to the reg...