Digital World Acquisition Corp, the special-purpose acquisition company that will take former US President Donald Trump’s planned social media platform public, saw its stock price soar more than 800% just in two days of trading. The company, which trades on the Nasdaq under ticker DWAC, saw its stock price jump 356.8% on Thursday and an […]
Author: umunna
FAAN deploys new equipment at airports to improve safety
The Federal Airports Authority of Nigerian (FAAN) says it has deployed new equipment at Nnamdi Azikiwe International Airport, Abuja (NAIA) and Murtala Mohammed International Airport (MMIA) Lagos for the safety of flying public. FAAN Aviation Security Services Director, Group Capt. Usman Sodiq, made this known during an interview with the News Agency of Nigeria (NAN) […]
Trade with Turkey set to ‘rise dramatically’: Nigerian official
Over the next few years, trade between Turkey and Nigeria will rise “dramatically” from its current level of $2 billion, according to Nigeria’s top trade official. Speaking to Anadolu Agency on the sidelines of the Third Turkey-Africa Economic and Business Forum in Istanbul, which ended Friday, Richard Adeniyi Adebayo, Nigeria’s industry, trade and investment minister, […]
Zoom gets more popular despite worries about links to China
Very few companies can boast of having their name also used as a verb. Zoom is one of them. The popularity of the videoconferencing platform continues to grow around the world despite continued questions about whether Chinese authorities are monitoring the calls. Since Zoom became a household word last year during the pandemic, internet users […]
The Gravedigger’s Wife: Somali love story wins Africa’s top film prize at Fespaco
A Somali film exploring what people will do for love has won the grand prize at the prestigious Pan-African film festival in Burkina Faso. The Gravedigger’s Wife, written and directed by Finish-Somali director Khadar Ahmed, beat off competition at Fespaco from 16 other movies. It focuses on Guled, whose job it is to wait outside […]
Another whistleblower accuses Facebook of wrongdoing: Report
A former Facebook worker reportedly told U.S. authorities Friday the platform has put profits before stopping problematic content, weeks after another whistleblower helped stoke the firm’s latest crisis with similar claims. The unnamed new whistleblower filed a complaint with the U.S. Securities and Exchange Commission, the federal financial regulator, that could add to the company’s […]
Alec Baldwin says he’s ‘fully cooperating with police’ after fatal shooting on ‘Rust’ set
Alec Baldwin has made his first public statement since a fatal shooting on the set of his new film on Thursday. “There are no words to convey my shock and sadness regarding the tragic accident that took the life of Halyna Hutchins, a wife, mother and deeply admired colleague of ours,” Baldwin tweeted on Friday. […]
CBN supports healthcare sector with N200bn to drive economic recovery
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Friday said the apex bank had earmarked N200 billion to support the healthcare sector to drive the recovery of Nigeria’s economy. Emefiele said this at the inauguration of Duchess International Hospital, the newly built 100-suits state-of-the-art health facility in Ikeja, Lagos. “To further drive the […]
Taxi-hailing firm reveals 4,158 reports of sexual assault
Lyft, the US taxi-hailing app, has said that 4,158 incidents of sexual assault were reported to the firm between 2017 and 2019. In its first-ever safety report, Lyft also detailed the number of motor vehicle deaths and fatal physical assaults during the period. Those instances were far outweighed by the volume of sexual attacks reported […]
Toymaker Mattel says price rise has not hit demand
Higher prices in the run-up to Christmas have not dulled people’s appetites for toys, Barbie maker Mattel has said. The toy giant raised prices after soaring shipping and raw materials costs. The toymaker said its third quarter sales grew 8% to $1.8bn (£1.1bn), and that it expected a strong Christmas. Mattel is working hard to […]