Calculation
South-West PDP congress: Seyi Makinde, Ayo Fayose’s groups fight over 756 delegates
Governor Seyi Makinde of Oyo State and a former governor of Ekiti State, Ayodele Fayose, are to test their popularity with 756 delegates that will elect officials of the Peoples Democratic Party in the South-West on Monday. While Makinde is backing a former Deputy Governor of Oyo State, Taofeek Arapaja, for the position of chairman, Fayose is mobilising for Dr Eddy Olafeso. Olafeso, who is from Ondo State, is a former occupant of the office. He resigned to contest the party’s governorship ticket in the last Ondo State election, which he lost to Eyitayo Jegede (SAN). Makinde had wanted the congress to hold in Ibadan, but the Fayose faction wanted it in another venue, saying the Oyo State capital was not safe for it and its supporters. However, two days ago, the National Working Committee of...
Ex-President Obasanjo urges Nigerian youths to make it uncomfortable for old leaders to remain in government
Former President Olusegun Obasanjo has urged youths to mobilise and make it uncomfortable for old leaders to remain in government. He stated this on Sunday during a virtual interview with academic and historian, Toyin Falola. Obasanjo, who was Nigeria’s president between 1999 and 2007 under the banner of the Peoples Democratic Party, also apologised to youths, saying his generation had done a lot of wrongs in Nigeria but the youths can change the fortunes of the country by taking over leadership. Many Nigerians have lamented the persistent recycling of leaders since post-independence Nigeria till date as some leaders who ruled Nigeria during the military era have been in charge in the last 21 years since the country returned to democracy in 1999. Responding to a question by a youth during ...
Report: Jack Ma’s Ant Group considers overhaul due to regulatory pressure
Chinese financial technology giant Ant Group plans reorganisation that would allow it to be regulated more like a bank, Bloomberg reports. Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval, said the people, who asked not be named because the matter is private. The plans are still under discussion and subject to change, the people said. Ant declined to comment. The operations that Ant is looking to fold into the holding company include wealth managemen...
