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Thursday

Mercedes replaces Lewis Hamilton with George Russell for Sakhir Grand Prix

British race driver, George Russell, will take Lewis Hamilton’s place at Mercedes for this weekend’s Sakhir Grand Prix after the seven-time champion tested positive for coronavirus. Mercedes has backed Russell’s career since 2017 and he is effectively on a three-year loan at Williams, where he has posted some impressive races since making his F1 debut last season. Jack Aitken, a 25-year-old British-Korean, will race in Russell’s place at Williams for his F1 debut while Russell is away at Mercedes. Mercedes had approached Williams to see if a deal to release Russell was possible as soon as it became apparent that Hamilton’s absence from the first race of his career was confirmed after the positive COVID-19 test and retest. And the confirmation of an agreement arrived on Wednesday morning. T...

South Korea coronavirus outbreak adds new stress to gruelling, eight-hour exam

From avoiding family members to skipping extra study at “cram schools”, the coronavirus has forced nearly half a million South Korean test-takers and proctors to rethink their strategies ahead of a hyper-competitive university entrance exam this week. The gruelling, almost eight-hour test on Thursday is seen as a life-defining event for high school seniors. A degree from a prestigious university is seen as a minimum requirement for securing one of the coveted but limited corporate jobs in Asia’s fourth-largest economy. This year teachers, proctors and students drastically changed their study and teaching practices to try to ensure those taking the test don’t ruin their chances by getting sick. “We take caution not just in classes but also during lunch, sitting facing the walls, eating alon...

Joe Biden picks diverse team of top economic advisers

President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House. While Biden’s transition to the presidency on Jan. 20 appeared to be hitting its stride, he himself was hobbling after fracturing his foot while playing with his dog on Saturday and will wear a protective boot for several weeks, his doctors said. The incoming administration has been hampered for weeks by Republican President Donald Trump, who has refused to concede to Biden, a Democrat. Trump has said without providing evidence that the Nov. 3 vote was fraudulent, claims that state and federal election officials have dismissed. Biden named leading members of an economic tea...

Court admits Senator Ndume to bail citing ‘good behaviour’

Justice Okon Abang of the Federal High Court, Abuja, yesterday, on grounds of “good behaviour”, admitted Senator Ali Ndume to bail over his suretyship for former Chairman of the defunct Pension Reform Task Team, Mr. Abdulrasheed Maina. Maina, who is standing trial on a 12-count charge of alleged N2 billion money laundering, was assumed to have jumped bail following his failure to appear in court for his trial on four different adjournments. It would be recalled that Justice Abang had admitted Maina to bail in the sum of N500 million and a surety in like sum, who must be a serving Senator and must attend every court proceedings relating to the matter. Ndume had stood surety for Maina in his alleged money laundering trial and was consistent in attending Maina’s trial until sometime in Septem...

Naira weakens to lowest in three years

The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...

Police arrest wanted pirate after attack on passenger boat in Rivers

The Police Command in Rivers has arrested one Daniel George, suspected to be a pirate, over his alleged involvement in the attack on a passenger boat in Bonny waterways. Newsmen report that the attack happened in the early hours of Thursday, with many of the passengers aboard the boat sustaining injuries. A fisherman resident in Bonny, who gave his name simply as Tamuno, said some of the passengers jumped into the river to escape being robbed of their belongings during the attack. However, the command’s Public Relations Officer, SP Nnamdi Omoni, who confirmed the arrest on Friday in Port Harcourt, said the attack resulted in the death of one passenger. “George, an indigene of Asarama community in Andoni Local Government Area, who has been on our wanted list, has been arrested. “The suspect...

Ondo governors’s chief of staff’s wife kidnapped

Barely 24 after a first-class traditional ruler was murdered in Ondo, the wife of the Chief of Staff to the Ondo state governor, Chief Olugbenga Ale has been abducted by suspected gunmen. Vanguard gathered that Mrs Ale was abducted at Owena in Idanre council area of the state on Thursday night. A source said that the victim was returning from Lagos to Akure when she was abducted by the bandits who laid siege on the highway and took her into the forest. Vanguard was unable to confirm if other occupants in the vehicle in which she was travelling were kidnapped or escaped into the bush. A top government source who confirmed to Vanguard said ” it is true that the woman was abducted at Owena along Ondo Road. “The case has been reported to the security agencies especially the Amotekun and army t...

Governor Akeredolu: We are in a serious security crisis

Governor Rotimi Akeredolu of Ondo state has said that the murder of the first class traditional ruler in the state, the Olufon of Ifon, Oba Isreal Adewusi was an indication that the country was in a serious security crisis beyond the ordinary. Akeredolu who led a top government delegation to the affected area on Thursday night described the murder of the monarch as heinous. A statement by the information and Orientation commissioner Donald Ojogo said “With a heavy heart, the Ondo State Government hereby confirms the unfortunate incident around Elegbeka, Owo-Ifon road in Ondo State to be true. Truly, Ondo has lost a great one-a deep cut, too sad. “This is a heinous crime, an incident which has, again, confirmed that we are indeed, in a serious security crisis beyond the ordinary. “Already, ...

Leeds boss kicks against fans returning to stadiums

Marcelo Bielsa has demanded Premier League chiefs block fans returning to grounds until all 20 top-flight clubs can reopen their turnstiles. Under the new Covid tier system, half of Premier League clubs will still not be allowed supporters from Wednesday, while the other ten can have 2,000. Leeds are in Tier 3 and must keep fans locked out – with boss Bielsa saying: “If fans are not allowed in all stadiums, then they should not be allowed until everyone can. “Clubs shouldn’t have to deal with the consequences of being in a category. It should be about trying to maintain the competition as equally as possible.” Arsenal will become the first Prem team to welcome fans back since March when they host Rapid Vienna in the Europa League on Thursday. While West Ham’s Prem clash with Manchester Uni...

INEC chief wants Senate to accelerate Electoral Act amendment

The nominee for the position of Chairperson for the Independent National Electoral Commission (INEC), Mahmood Yakubu, has appealed to the National Assembly to expeditiously pass the Electoral Act Amendment Bill before the end of first quarter of 2021. Yakubu made the call in Abuja on Thursday when he appeared before the Senate Committee on INEC for screening. President Muhammadu Buhari had on Wednesday sought Senate’s confirmation of Yakubu as INEC chairperson for a second term. Yakubu said the passage of the Electoral Act was critical for the success of the 2023 general elections and ultimately the nation’s electoral system. He said that INEC under his leadership had recommended some areas of amendments in the Electoral Act. He said that if confirmed, INEC under his watch would consolidat...

Senator Lawan urges South Africa to secure business interests of Nigerians

President of the Senate Ahmad Lawan has urged the South African authorities to reciprocate Nigerian Government’s gesture by ensuring that business interests of Nigerians in South Africa are secured. Mr Ezrel Tabiowo, his Special Assistant on press, in a statement said lawan made the call in Abuja on Thursday when he received a delegation led by High Commissioner of South Africa to Nigeria, Mr Thamsanga Mseleku. Other members on the delegation include: Mr Bobby Moroe, Minister Plenipotentiary; and Ms Boipelo Lefatshe, First Secretary, Political. According lawan efforts by both countries to secure the business interests of their nationals would create better chances of employment for their citizens and guarantee stronger economic prospects for Nigeria and South Africa. “For quite some time n...