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Balance

After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeks

Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance. According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month but has ramped up daily transfers to 7.34 million XRP (worth $2.39 million), since Sunday, June 26. At the current rate of selling his wallet may be depleted within the next two to three weeks to the delight of the crypto community. On Wednesday, Mason Versluis, a tik tok influencer and youtuber known as Crypto Mason shared the news to his 115,000 followers on Twitter, highlighting that 22 million of XRP has been released in the past three days. Je...

Yahaya Bello: Nigeria deserves the best captain no matter where he comes from

The Governor of Kogi State, Alhaji Yahaya Bello, has said that rather engage on the unconstitutional issue of rotational presidency, what Nigerians should focus on is look for that Nigerian, no matter where he comes, who can be the captain to pilot the country to the promised land. The governor who stated this at the First Annual Governor Yahaya Bello (GYB) Seminar for Nigeria’s Political and Crime Correspondents/Editors at the Transcorp Hilton, Abuja, said that even after 16 years of Peoples Democratic Party (PDP) and another six years of All Progressives Congress (APC), in the country, the problems of the nation has not been solved by the rotational presidency that has taken place over the years. Bello insisted that the political party must not limit the choice of Nigerians to any region...

PSC: Why Ibrahim Magu’s name was dropped promotion list

The Police Service Commission (PSC) on Thursday said it dropped the name of former Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, from promotion list because it is still awaiting clearance from the Office of Attorney General. The PSC had promoted 24 CPs, 35 DCPs, 52 ACPs, 50 CSPs and dropped Magu from promotion. A statement issued by Ikechukwu Ani, Head, Press and Public Relations of PSC said the decisions were the high-points of the Commission’s 12th Plenary Meeting held on Tuesday and Wednesday, which was presided over by the Commission’s Chairman, Musiliu Smith, a retired Inspector General of Police. “The Commission declined the promotion of CP Magu pending clearance from the office of the Attorney General of the Federation and Minister of Justice and the Offic...

French far right irked by election results, southern region in play

France’s far right performed worse than predicted in Sunday’s regional elections, exit polls showed, leaving victory in the southern battleground of Provence-Alpes-Cote d’Azur and a platform for the 2022 presidential election in the balance. Marine Le Pen’s Rassemblement National expressed frustration at a record low turnout,as the centre right made its first comeback at the ballot box since a disastrous showing in the 2017 presidential election and President Emmanuel Macron’s party finished fifth. The high abstention rate in Sunday’s first-round vote, projected at 68.5% by pollster Elabe, coincided with a sunny Sunday and emergence from months of tough COVID-19 curbs. “This evening the government won because for the last few weeks it has been in search of a massive abstention rate,” said ...

Euro 2020: Wales set for hostile crowd as Italy eye knockouts

Wales are bracing for a hostile reception when they face Turkey in Baku at Euro 2020 on Wednesday while rejuvenated Italy can seal their place in the last-16 with victory against Switzerland. After drawing 1-1 with the Swiss in their opening Group A game, Wales play in the capital of Azerbaijan, with locals expected to get behind their Turkish neighbours, who will also have several thousand travelling fans on their side. Wales captain Gareth Bale, who experienced a dizzying run to the semi-finals at Euro 2016, said he was unfazed by the prospect of an aggressive atmosphere. “Hostility is no problem,” said the Real Madrid forward. “This is what we do for a living. We’re used to playing in away games and being in front of hostile crowds.” Turkey are desperate to shake off the disappointment ...

Rapid spread of Delta variant throws England’s re-opening into doubt

British Prime Minister Boris Johnson’s hopes of ending England’s coronavirus lockdown on June 21 hung in the balance on Friday as data showed a further rise in cases of the rapidly spreading Delta variant. Johnson is due to announce on Monday whether the planned lifting of restrictions, which would see an end to limits on social contact, can go ahead on time. But the rapid spread of the Delta variant, officially a “variant of concern”, has thrown those plans into jeopardy, prompting speculation that the June 21 date will be pushed back, or that some restrictions will remain. “We have to be really careful. We had a very big opening on the 17th of May where people could meet friends indoors, in a restaurant, in a pub, and socialise indoors as well,” COVID-19 vaccines minister Nadhim Zahawi t...

Pastor Adeboye hails Kogi governor’s handling of coronavirus

Pastor Enoch Adeboye, General Overseer, Redeem Christian Church of God, has lauded the governance and leadership style of Governor Yahaya Bello of Kogi State, describing him as a man of faith. Speaking when he visited Bello on Saturday in Lokoja, Adeboye also commended the governor for his religious tolerance. Adeboye said that the show of faith by Bello in handling the Coronavirus pandemic was a rare demonstration from a political leader. “We have heard and seen your show of faith in God, particularly in dealing with the Coronavirus. It takes the man of faith to have acted the way you did and we are very, very pleased with you. “We have also heard the news of how you have been relating to people of every faith to the extent that you built the first chapel in the Government House, Lokoja, ...

How To Live A Healthy, Happy & Balanced Life

To promote mental health, balance is very essential as this will affect the way we think, fell and act everyday. Mental health determines the choices we make, the way we handle stress and relate with others in our community. Here are some useful tips on how to balance our daily living. Exercise Daily Exercise is important to keep us physically healthy but it can as well keep us mentally healthy. Research shows that people who exercise regularly have better mental health and emotional well-being. Exercise may also help in treating some mental health conditions, like depression and anxiety. For example, research suggests physical activity can be as effective as antidepressants for mild depression. It can boost your mood, concentration and alertness and may even help give you a positive outlo...

NNPC begins work on Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement on Friday by the Group General Manager, Group Public Affairs Division of the NNPC, Dr Kennie Obateru, quoted the NNPC Chief Operating Officer, Refineries & Petrochemicals, Engr Mustapha Yakubu, as saying that everything was being done to ensure that the project is delivered hitch-free and on schedule. Speaking at the Technical Kick-off Meeting for the project held at the Port Harcourt Refinery Complex, Alesa Eleme, Rivers State, Engr Yakubu said everything about the project had been carefully worked out to ensure that the target of at least 90% refining capacity is achieved when operational. “I...

FIFA supremo urges restraint in punishing Super League clubs

FIFA president Gianni Infantino says he is not in favour of sanctions against the 12 clubs that tried to launch a European Super League, preferring “dialogue” on football reform. The plan to create a closed competition was “unacceptable” and “unimaginable”, the world football boss told French sports daily L’Equipe in an interview published on Wednesday. “Certain actions should have consequences, and everyone must assume their responsibilities,” said Infantino, who has publically joined the opposition to the project. “But you always have to be careful when you talk about sanctions. “It’s said quickly that you have to punish. It’s even popular — or populist — sometimes. “By punishing a club, for example, you are also punishing players, coaches and fans, who have nothing to do with it.” He sa...

IMF, World Bank advocate flexible fiscal support, debt relief

Against the backdrop of a pandemic impacted global and national economies, the International Monetary Fund (IMF) and World Bank have urged fiscal authorities to execute flexible and supportive fiscal policies to support economic recovery and cushion the long-term impact of the pandemic. In a paper that was titled: ‘Tailoring Government Support’, IMF staff said until the pandemic is brought under control, fiscal policy will have to remain flexible and supportive. It advised governments to prioritize certain policy measures that include targeted support to vulnerable households, investment in health system and more focused support to viable firms, warning that if the pandemic persists, widespread corporate insolvencies could result, destroying millions of jobs, particularly in contact-intens...

Ibadan polytechnic students threaten public protest over extortion, mass failure

File Photo Students of The Polytechnic, Ibadan, Oyo State, have threatened to publicly protest continuous extortions by lecturers as well as the recurrent mass failures typifying their examinations, saying their future was hanging in the balance. A source told newsmen that the students are from the Urban and Regional Planning Department. Through their association, the aggrieved students this week raised a petition to the school management to look into the anomalies of their lecturers and take action, otherwise they would lead a public protest. In a copy of their petition titled, “Lamentations of the Urban and Regional Planning Students,” the students decried the harsh learning conditions in the department and the resultant mass failure and extra academic years that students suffered They s...