Benefit
US Democrat Senate wins push stocks higher despite Capitol chaos
Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say. Global stock markets rose and bonds nursed losses on Thursday in anticipation of a big-borrowing and big-spending Democratic administration driving growth, following runoff elections that gave the party control of both houses of the United States Congress. On Wednesday, US Treasury bonds had suffered their steepest selloff in months after Democratic Party victories in two races in the state of Georgia handed them narrow control of the Senate and the power to pass their agenda. US S&P 500 futures rose 0.6 percent and Nasdaq 100 futures rose 0.9 percent as markets seemed to shake off a late fade that pulled Wall Street indexes back from fresh record peaks when chaotic protest...
Sokoto border communities warned against aiding smuggling
Border communities in Sokoto State have been warned against aiding the smuggling of illicit items into the country. The Area Comptroller of Nigeria Customs Service (NCS), Abdulhamid Ma’aji, gave the warning at Illela during a sensitisation meeting held Tuesday with youths and community leaders at Illela town, a border community in the northern state. The border post was among four major international borders announced for reopening by the Federal Government in late December 2020. Ma’aji, while officially reopening the border’s gate, described the event as a remarkable day, urging the people to observe all the guidelines layout by the Ibrahin l Government. According to him, ‘now that these borders have been reopened, I want you to note that those illicit items that have been prohibited rema...
Court orders Governor Obaseki to open defence in ‘certificate forgery’ case
The All Progressives Congress, APC, on Monday, closed the forgery case it instituted against Governor Godwin Obaseki of Edo State, after it called a total of six witnesses and tendered 17 Exhibits. Lead counsel to the APC, Chief Akin Olujimi, SAN, announced decision of the party to rest its case, shortly after the court discharged the sixth witness, PW-6, Dr. Mikano Asekome, who is an Associate Professor in Banking and Finance Department at Benson Idahosa University, Benin city, Edo state. The PW-6 told the court that he was on December 23, 2020, summoned to appear as witness in the matter. The witness went ahead and tendered in evidence, the original copy of his certificate in Agricultural-Economics, which the University of Ibadan awarded to him on July 31, 1978. Under cross-examination, ...
Apple loses copyright infringement claims against security startup
A federal judge in Florida on Tuesday dismissed Apple’s copyright infringement claims against a Florida startup whose software helps security researchers find vulnerabilities in Apple products including the iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium LLC, saying its software emulating the iOS operating system that runs on the iPhone and iPad amounted to “fair use” because it was “transformative” and helped developers find security flaws. Apple accused Corellium of essentially replicating iOS to create “virtual” iOS-operated devices, whose “sole function” was to run unauthorized copies of the system on non-Apple hardware. But the Fort Lauderdale-based judge said Corellium “adds something new to iOS” by letting users see and halt running processes, take live snapshot...
Nigerian government says 300,000 mass housing scheme strictly for low income earners
The Federal Government says its Social Housing Programme, one of the components of the National Economic Sustainability Plan (NESP), is targeted at low income earners. Imeh Okon, Senior Special Assistant to the President on Infrastructure, who made this clarification on Tuesday in Abuja, said the scheme was not meant for politicians or highly placed persons. The 300,000 social housing programme is a component of the NESP designed by the Vice President Yemi Osinbajo-led committee constituted by President Muhammadu Buhari to cushion the effects of COVID-19 on Nigerians. She explained that one of the objectives of the administration was to provide houses for citizens across the country. Okon said that the houses would be durable and of high quality not minding the low prices. “It is a social ...
Vice Chancellor blames cultism in schools on idleness among students
Prof. Chinedum Nwajiuba, the Vice Chancellor, Alex-Ekwueme Federal University, Ndufu Alike Ikwo (FUNAI), Ebonyi, has said that idleness among students leads them into cultism. Nwajiuba said this in an interview with newsmen in his office on Monday. He spoke on preparations for the institution’s fifth convocation and his impending disengagement from office after completing his five-year tenure. He said that the institution had no record of cultism because the students “are too serious” to engage in such an act. “Our students do not have to be dancing inside bushes at night because they begin academic activities from the first week of a every new semester. “We duly concluded the first semester of the 2019 academic session, re-opened on Oct. 2019 and our lecturers were already in classes upon...
Nigerian government to implement NIPSS recommendations on population growth
President Muhammadu Buhari has assured that his administration will look into the 12-point recommendations by graduates of National Institute for Policy and Strategic Studies (NIPSS) on Population Growth and Human Capital Development in Nigeria, with view of implementing them. The President gave the assurance at the graduation ceremony of the Senior Executive Course 42, held Saturday at the Institute in Jos. The President, represented by Plateau State Governor, Simon Lalong, charged the graduates to live up to expectations of leading Nigeria out of its problems. “The times levy a demand on institutions such as this one and on its graduates for innovation and creative intelligence in addressing our national challenges. “It is my conviction that the elites both individually and collectively ...
Nigerian government commences N30,000 grants to Uber drivers, Keke NAPEP riders
The federal government has commenced the disbursement of N30,000 grants for transporters as a measure to support those affected by COVID-19 pandemic under its economic sustainability plan (ESP). This was disclosed in a statement signed by Laolu Akande, senior special assistant to the vice president on media and publicity, on Sunday. The funds are being disbursed under the federal government’s micro, small and medium enterprise (MSME) survival fund scheme for artisans and transporters. The transport support track opened on November 30, 2020, after the artisans’ support track launched on October 1, 2020. According to the statement, the artisans track is under federal government’s survival fund, while the transport track is a different scheme also under the same fund. Those to benefit from th...
India’s Serum Institute seeks approval for COVID-19 vaccine
The Serum Institute of India, the world’s largest vaccine producer by volume, has sought government approval for emergency-use authorisation of the coronavirus vaccine that it has developed in partnership with the University of Oxford and British drugmaker AstraZeneca. “As promised, before the end of 2020, @SerumInstIndia has applied for emergency use authorisation for the first made-in-India vaccine, COVISHIELD,” the company CEO Adar Poonawalla tweeted on Monday. The experimental vaccine can be stored at two to eight degrees Celsius and can be distributed more easily in India, which has the world’s second-highest number of infections at 9.6 million. The company has applied to the Drugs Controller General of India (DCGI), with Poonawalla saying the vaccine will “save countless lives” witho...
Senate moves to make law schools beneficiaries of education tax fund
The Senate has begun moves to ensure that all the Nigerian Law Schools are beneficiaries of Education tax funds with the amendment of Tertiary Education Trust Fund Act 2007. Consequently, the Senate has come up with ” A bill for an Act to amend the Tertiary Education Trust Fund Act 2007.” The Bill Scaled second reading yesterday in the Senate. In his lead debate on the bill, Senator Micheal Opeyemi Bamidele, APC Ekiti Central, sponsor of said that the bill which was read for the first time on the floor of the Senate on Thursday, 28th May, 2020, seeks to amend sections 4, 7 and 20 of the Tertiary Education Trust Fund (Establishment, Etc.) Act, 2011 (hereinafter referred to as the “principal Act”) He said that amendment also seeks to add the Nigerian Law School, as one of the benefiting tert...
Heck Yes! Napoleon Dynamite Cast to Reunite for Benefit Livestream
Warm up those pocket tater tots because the cast of Napoleon Dynamite is set to reunite for a special livestream next month. Officially dubbed “Cyber Dynamite”, the pre-recorded broadcast will feature Napoleon himself (Jon Heder), as well as class president Pedro (Efrem Ramirez), Uncle Rico (Jon Gries), and sideways ponytail’d gal pal Deb (Tina Majorino). Mean girl Summer (Haylie Duff) and Kip’s internet boo LaFawnduh (Shondrella Avery) are also expected to appear, as will a number of other “surprise” cast members. A liger perhaps? The virtual reunion is set to be more than just a quick hit of nostalgia for fans of the 2004 cult classic, though. It will also serve as a fundraiser for The Hunger Project, which works to end hunger across the globe. Editors’ Picks “Cyber Dynamite” offic...
NDPHC to complete four NIPPs with 2000MWs combined capacity
The Niger Delta Power Holding Company (NDPHC) has unfolded plans to complete four Nigerian National Integrated Power Project (NIPPs) with 2000MegaWatts combined capacity. The post NDPHC to complete four NIPPs with 2000MWs combined capacity appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
