Apple chief executive Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job. A company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of the shares for more than $750m (£550m). It is part of a deal […]
Month: August 2021
Crowds return to Kabul Airport after bombings
Crowds of people desperate to leave Afghanistan returned to Kabul’s airport Friday as evacuation flights out of the country resumed, a day after horrendous bombings just outside the airport killed over 100 people. At least 90 Afghans died in the attack, according to the Afghan news agency Pajhwok. Including the 13 American servicemen, more than […]
US Supreme Court rules to allow evictions to resume during pandemic
The Supreme Court’s conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic. The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in […]
Fuel spillage: NEMA restricts movement around Ikotun, Igando Lagos
By Solomon Asowata The National Emergency Management Agency (NEMA) has restricted movement around Ikotun and Igando areas of Lagos State, following a spillage of petrol from a ruptured pipeline in the area. The pipeline leakage was purportedly from activities of vandals. Mr Ibrahim Farinloye, Acting Zonal Coordinator, South West Zonal Office, NEMA, confirmed the development […]
Despite increase in vaccinations, COVID-19 continues to surge in US
More Americans are getting vaccinated against the COVID-19 virus, but the virus is continuing to surge. The U.S. Centers for Disease Control and Prevention said Thursday that the United States had administered 365,767,674 doses of COVID-19 vaccine, with 202,961,676 people having received at least one dose and 172,171,009 people fully vaccinated. The data, released Thursday morning, […]
YouTube says it removed 1 million ‘Dangerous’ videos on COVID-19
YouTube said Wednesday it has removed more than one million videos with “dangerous coronavirus misinformation” since the start of the COVID-19 pandemic. The statement by the Google-owned video platform comes as social media platforms are under fire from political leaders for failing to stem the spread of false and harmful misinformation and disinformation […]
Nigeria’s GDP records 5% growth for second quarter
Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real terms in the second quarter of 2021, the National Bureau of Statistics (NBS) has said. The NBS disclosed this in the latest report on the nation’s GDP entitled Nigerian Gross Domestic Product Report (Q2 2021) released on Thursday. It explained that the […]
South Korea becomes first major Asian economy to raise interest rates
South Korea has become the first major Asian economy to raise interest rates since the coronavirus pandemic began. The Bank of Korea increased its base rate of interest from a record low of 0.5% to 0.75%. The move is aimed at helping curb the country’s household debt and home prices, which soared in […]
CAF seeks British Government’s exemption for African players during international window
The Confederation of African Football (CAF) has requested the British Government to grant an exemption to African players for the international window. “CAF has noted the current circumstances in place in Britain regarding the lack of sporting exemptions for players returning from several African countries after the international window next week. “CAF, acting […]
Reps commend NNPC GMD, clarify revenue projection for 2022-2024
Abuja, Aug. 26, 2021(NAN) The House of Representatives has commended the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on perspective on some issues surrounding the operations of the NNPC and the Oil Industry. Rep James Faleke, Chairman, House Committee on Finance gave the commendation at an interactive session on […]