TIME
Northeast elders asks President Buhari to sack service chiefs
The Coalition of North East Elders for Peace and Development, Monday asked President Muhammadu Buhari to sack his service chiefs, accusing the military of deploying massive strength during the #EndSARS protests in parts of the country, thereby leaving the zone at the mercy of Boko Haram, an Islamic State of West Africa Province (ISWAP) terrorists. According to the elders, scores of civilians were killed as a result of the strategic and operational blunders, which they argued, was avoidable, had greater tact been adopted. In a statement signed by the chairman, Engr. Zana Goni, the North East elders said pro-active intelligence would have revealed this lapse to the military high command, had the service chiefs not been lethargic in their responsibilities. Consequently, the elders, for the um...
Nigerian government exempts Dangote from border closure – report
The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors after a year-long blockade. The administration of the President Muhammadu Buhari gave its authorisation for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months, Michel Puchercos, chief executive officer, said on an investor call in Lagos. The export was made possible “through authorisation given by this administration,” he said. The exemption to Dangote Cement is seen as a softening of the government’s position on a border closure that started in ...
Arabic inscriptions on naira doesn’t threaten Nigeria’s secular status – central bank tells court
The Central Bank of Nigeria has vehemently opposed a suit before the Federal High Court in Lagos praying that the Arabic inscriptions on naira notes be removed. A Lagos-based lawyer, Chief Malcolm Omirhobo, who filed the suit before Justice Mohammed Liman, contended that having Arabic inscriptions on the naira notes portrays Nigeria as an Islamic state, contrary to the country’s constitutional status of a secular state. Omirhobo, who said he does not know what the Arabic inscriptions mean, is praying the court to order the CBN to replace the Arabic inscriptions with either English language, which is the country’s official language, or any of Nigeria’s three main indigenous languages – Hausa, Yoruba or Igbo. According to the lawyer, with the Arabic inscriptions on the naira note, the CBN ha...
Traders burn 10-year-old boy for ‘stealing’ food
A 10-year-old boy, Ifeanyi, was on Saturday thrown into a fire for allegedly stealing a small measure of uncooked rice in a market at Inikiri Benard village, Effium community, in the Ohaukwu Local Government Area of Ebonyi State. Newsmen gathered that the lad’s mother was late, while his father was mentally-challenged. A community source said, “The boy was thrown into a fire by two traders who accused him of stealing rice from a shop at the market to cook for himself and his father.” The Chairman of Human Rights Defenders, Ebonyi State chapter, Mr Sam Nweke, condemned the inhuman act meted out to the kid. He said, “HURIDE got a call from one Mr George Etamesor, on the grave abuse of this poor boy. This was because he was caught trying to steal some rice in their village market. They tied h...
#EndSARS: 15 policemen arrested protester in Lagos – sister
No fewer than 15 armed policemen arrested a promoter of the #EndSARS protest, Eromosele Adene, after invading his apartment on Adeleke Street, in the Allen area of Ikeja, Lagos State, on Saturday. PUNCH Metro gathered that a protest had been slated to hold at the Allen Junction in Ikeja when the policemen besieged Eromosele’s house and whisked him away. His sister, Florence, who spoke to newsmen on Sunday, said one of the policemen deceived her by claiming that he had a parcel to deliver to their father around 7am on Saturday. “When I met them, they told me that they were actually looking for my brother and instructed me to take them to our house, but I refused. They said they did a business with him and sent money to his Zenith Bank’s account but the commodity was not delivered. I told th...
Nigerian doctor named one of TIME’s Most Influential People in the world
TIME named Nigerian physician Tunji Funsho to the 2020 TIME100, its annual list of the 100 most influential people in the world. The full list and related tributes are available now at time.com/time100, and Mr Funsho’s TIME100 profile is available here. The list, now in its seventeenth year, recognizes the activism, innovation and achievement of the world’s most influential individuals. Mr Funsho, a cardiologist based in Lagos, Nigeria, is the first Rotary member to receive this honour for the organisation’s work to eradicate polio, having played an essential role in ensuring Africa’s certification as wild polio-free in August of 2020. “I’m honored to be recognized by TIME for my part in ensuring that no child in Africa will ever again be paralyzed by wild polio, a disease that once disabl...
Stock market volatility hits Norway’s sovereign wealth fund
Norway’s Central Bank on Tuesday said its pension fund lost 188 billion kroner ( 21 billion dollars equivalent) in the first half of 2020 amid stock market volatility during the coronavirus pandemic. The bank said the return on the sovereign wealth fund fell by 3.4 per cent during the January-to-June period. The Deputy Chief Executive of Norges Bank Investment Management, Trond Grande, said there were major fluctuations in the equity market. “The year started with optimism, but the outlook of the equity market quickly turned when the coronavirus started to spread globally. “The sharp decline in global stock markets during the first quarter is, however, limited by a massive monetary and financial policy response. “Even though markets recovered well in the second quarter, we are still witnes...
US coronavirus death toll hits 100,000, cases now 1.7million
The coronavirus death toll in the United States hit 100,000 on Tuesday. According to renowned data website Worldmeters, the toll hit the mark around 6:00pm Nigerian time. On May 17, the figure reached 90,000; half of the number died in just one month. As at April 19, John Hopkins University and Worldometers, put their individual tallies at 40,000. America is currently the worst-hit country in the world. The U.S. has recorded 1,710,000 cases of coronavirus since the outbreak. Globally, over 5,630,000 cases have been recorded with nearly 350,000 deaths. 2,400,000 patients have recovered. President Donald Trump and his administration’s officials insist that China knows more than it is telling about the virus. The American leader recently suggested that Beijing wanted him lose the presidential...
