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Christmas celebrated under pandemic’s shadow

Hundreds of millions across the world celebrated pared-down Christmas festivities on Friday due to coronavirus restrictions, as Pope Francis called for vaccines for everyone, describing them as “glimmers of hope in this period of darkness and uncertainty”. The pandemic has claimed more than 1.7 million lives and is still running rampant in much of the world, but the recent launching of mass vaccine campaigns has boosted hopes that 2021 could bring a respite. Like so many across the globe, the pope was forced to break with normal Christmas tradition, holding his annual “Urbi et Orbi” speech by video from the apostolic palace, to prevent a crowd from gathering in St Peter’s Square. “I call on everyone, on leaders of states, on businesses, on international organisations, to promote cooperatio...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...

Plateau United coach seeks financial support to achieve Champions League Semi final target

Plateau United coach Abdu Maikaba has stated that they need the required support to meet the target of semi-finals of the 2020/2021 CAF Champions League. The former Akwa United coach admitted the 2017 NPFL champions will require even more backing and hard work to realize their last-four ambition in the competition – a feat which was last achieved by a Nigerian club – Sunshine Stars in 2012. “They (Plateau State Government) gave us enough support, but actually, we have to work very hard to achieve that target,” he said. “Getting to the semi-finals (of the CAF Champions League) is not an easy task, and we have to work very, very hard. We have to be given all the necessary support to get there. “In terms of personnel, like the replacement of players, I have to get the support to make the repl...

Akwa Ibom council polls: Protests trail ‘imposition’ of candidates by PDP

File Photo A storm of protests has broken out in Akwa Ibom State over alleged imposition of unpopular candidates on the faithful by the hierarchy of the Peoples Democratic Party (PDP). The selection process of aspirants to fly the flag of the ruling PDP in the state has been dogged by alleged underhand dealings, fetish oath-taking, among other dubious means. Specifically, youth from Mbo and Urue Offong/Oruko local government areas of the state have spoken against the imposition of Chairmanship candidates on them. The youth in Mbo have questioned the rationale for picking the incumbent chairman, Asukwo Eyo for a second term when his record in the first term was nothing to write home about even as their counterparts in Urue Offng/Oruko also faulted the imposition of Mrs Precious Selong as th...

South African Airways to continue honouring flight obligations

South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month. This is despite the clash in the expectations of the way forward for the ailing airlines which is already under business rescue. In a statement, the airline says while the disputes are being ironed out ,evacuee passenger and cargo flights will continue all through May on a charter basis. A meeting between public enterprises minister Pravin Gordhan and the business rescue practitioners are meeting today to chart the way forward. Earlier it was announced that May 8 (today) will be the last day of operations for the airline. South Africa Airways which was last run profitably in 2011, has been under business rescue since early this year aft...