Chief Executive
‘Patriots rule Hong Kong’ as sweeping pro-Beijing electoral rules passed
Hong Kong’s legislature approved the biggest overhaul of its political system in the quarter century since British rule on Thursday, in a decisive step to assert Beijing’s authority over the autonomous city. The changes will reduce the proportion of seats in the legislature that are filled by direct elections from half to less than a quarter. A new body will be empowered to vet candidates and bar those deemed insufficiently patriotic towards China from standing. “These 600-or-so pages of the legislation come down to just a few words: patriots ruling Hong Kong,” said Peter Shiu, a pro-Beijing lawmaker. Most of the changes were announced by China in March, though Hong Kong authorities later contributed further details, such as redrawing constituency boundaries and criminalising calls for bal...
Nigerian government grants approval for $2.9 billion Escravos seaport
The Federal Government has granted approval for the establishment of the Escravos Seaport Industrial Complex, ESIC, to Mercury Marine Concession Company, MMCC. The proposed $2.9 billion project is majorly designed to boost economic/national development of Nigeria particularly, Delta State.Chairman, Chief Executive of the firm, Rear-Admiral Andrew Okoji, who confirmed the approval, weekend, said the Federal Ministry of Transport has directed the firm to pay N1 billion, apparently to express its interest. He said: ‘‘It is going to be a lease for about 50 years, the investment for the port is coming from abroad. “We have gotten provisional approval from the Federal Government through the Federal Ministry of Transportation, as they have told us to lodge in $1 billion as evidence of capacity to...
Analysts: Printing currency could hurt economy
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...
U.K. to open first LGBT+ retirement home as market grows
Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet. There is a critical need for housing for older LGBT+ people, said Anna Kear, Chief Executive of Tonic Housing, as many say it would be “terrifying” to live in a predominantly straight home where other residents did not accept them. “People say that if they get to that stage, they would rather (die by) suicide than go into a heterosexual care home or sheltered housing environment, which is just awful,” she told the Thomson Reuters Foundation. With an ageing population, the demand for specialist housing for older people is growing, with private retirement units acco...
US workers enticed with bonuses, time off to get coronavirus vaccine
As Covid-19 vaccination drives get into gear across the United States, some businesses are offering transportation, paid time off and bonuses of up to $500 to encourage workers to get the jab. Labor-intensive industries like slaughterhouses, supermarkets, and farms, whose workers are at higher risk of contracting the virus, have taken the lead, with several large grocery chains offering two to four hours of paid leave time for employees to get vaccinated. “Providing accommodations so employees can receive this critical vaccine is one more way we can support them and eliminate the need to choose between earning their wages and protecting their well-being,” Jason Hart, CEO of supermarket chain Aldi, said in January. Others have taken advantage of Centers for Disease Control and Prevention re...
Ole Gunnar Solskjaer set to land new deal at Manchester United
Manchester United gaffer Ole Gunnar Solskjaer is reportedly set to be handed with a bumper new contract to extend his Old Trafford stay. Solskjaer will enter the final 12 months of his three-year contract later this month. After a difficult 18 months, United have made massive strides under Solskjaer this season. The Red Devils are second in the Premier League table. However, they are a whopping 17 points behind rivals City with two games in hand. According to a report in the Daily Mirror, the 48-year-old will see his current £7m per year salary boosted to £9m. The report adds that talks to finalise the bumper new contract are ‘imminent’. United have already bolstered their senior management team, adding two new pieces in March. John Murtough was confirmed as the club’s new football directo...
NDLEA intercepts container containing two million capsules of Tramadol in Apapa port
The National Drug Law Enforcement Agency (NDLEA) has announced the interception of a container load of Tramadol at the Apapa seaport in Lagos, just as 90 persons including an Indian were caught in its dragnet during raids of some drug cartels in parts of Lagos where a total of 614.396 kilograms of various hard drugs were reportedly seized. A breakdown showed that at the Apapa seaport, about two million capsules of Tramadol (precisely 1,994,400 capsules) tucked in 554 cartons were intercepted in the container, which was falsely declared to contain ceramic tiles. NDLEA Apapa Seaport Area Commander Samuel Gadzama said one of the containers bearing the illicit drug had been intercepted and seized in Kenya, according to a statement by its Director of Media and Advocacy, Mr Femi Babafemi on Wedn...
Indonesian plane crashes after take-off with 62 aboard
A Sriwijaya Air plane crashed into the sea on Saturday minutes after taking off from Indonesia’s capital Jakarta. The plane was on a domestic flight with 62 people on board and their fate was not known. The Boeing 737-500, en route to Pontianak in West Kalimantan, disappeared from radar screens after taking off just after 2.30 p.m. (0730 GMT) – 30 minutes after the scheduled time because of heavy rain. Indonesian Transport Minister, Budi Karya, told a news conference that 62 people had been aboard Flight SJ 182, including 12 crew. The detik.com website quoted him as saying the plane crashed near Laki Island, some 20 kilometres (12 miles) from the airport. Rescue agency Basarnas said in a statement it would send a team to the Thousand Islands area to help in the search for victims “after th...
First Americans vaccinated as U.S. death toll passes 300,000
An intensive care unit nurse became the first person in the United States to receive the Pfizer/BioNTech COVID-19 vaccine on Monday, calling it a sign that “healing is coming,” as the U.S. coronavirus death toll crossed a staggering 300,000 lives lost. Sandra Lindsay, who has treated some of the sickest COVID-19 patients for months, was given the vaccine at Long Island Jewish Medical Center in the New York City borough of Queens, an early epicenter of the country’s COVID-19 outbreak, receiving applause on a livestream with New York Governor Andrew Cuomo. “It didn’t feel any different from taking any other vaccine,” Lindsay said. “I feel hopeful today, relieved. I feel like healing is coming. I hope this marks the beginning of the end of a very painful time in our history. “I want to instil...
Interpol raises the alarm over fake coronavirus vaccines
The International Criminal Police Organisation (INTERPOL) has alerted Nigeria, South Africa, the United Kingdom, the United States, and 190 other countries of threat from organised criminal groups during the upcoming COVID-19 vaccination campaigns, including fake vaccines and the theft of supplies. The alert came as the UK yesterday became the first country in the world to approve the Pfizer/BioNTech coronavirus vaccine for widespread use. The need for a vaccine has become more urgent globally and nationally with Nigeria recording over 67,000 COVID-19 infections and over 1,000 associated fatalities, according to the Nigeria Centre for Disease Control. The World Health Organisation (WHO) has so far identified 49 “candidate vaccines” at the stage of clinical trials in humans. Hopes are high ...
Senator Kalu: I’ll buy 35% stake in Arsenal FC
The representative of Abia North Senatorial District, Orji Uzor Kalu, has declared his interest in investing in Premier League club, Arsenal FC. The post Senator Kalu: I’ll buy 35% stake in Arsenal FC 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.
Hollywood-backed Quibi to shutter six months after launch
Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch. The announcement highlights the dominance that Netflix, Amazon’s Prime Video, Disney+ and Apple TV+ hold over smaller streaming service providers, which struggle to keep up against their large content budgets and vast libraries of shows. “The world has changed dramatically since Quibi launched and our standalone business model is no longer viable,” founder Jeffrey Katzenberg said in a statement. Los Angeles-based Quibi offers entertainment and news in episodes of 10 minutes or less on mobile phones, initially promoted for on-the-go viewing. The service was priced at $5 a month with advertisements, or $8 a month without them. “Our failure...
