February 2020

BMO

World Bank Report: BMO Blames PDP For Poverty Level

February 13, 2020 3:31 am

The Buhari Media Organization (BMO) said the recent World Bank report on the poverty level in Nigeria between 2011 and 2016 was a glaring reflection of the level the country sank in the not too distant past, under a succession of clueless, unfocussed and uncaring governments.

According to BMO, the report entitled “Advancing social protection in a dynamic Nigeria,” showed how previous Nigeria governments had little or no concrete plan to lift millions of Nigerians out of poverty.

In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO said that the Bretton Wood institution was emphatic

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Oyo

Oyo Seals Petroleum Station Under Construction

February 13, 2020 3:31 am

Oyo State Government, on Thursday said it has sealed a petroleum station under construction in Ibadan, the state capital.

The government said that the petroleum station was sealed based on negative impact the facility would have on a nearby Primary School and persons living within the premises.

Commissioner for Environment and Natural Resources,  Oyo, Kehinde Ayoola, in a statement made available to DAILY POST revealed that the State Government issued the directive, following petitions received from residents and business owners.

The petroleum station, which is under construction at Apata area within Ibadan metropolis is situated very close to St. Michael’s

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World Bank To Boost Electricity In Nigeria With $500m

World Bank: 87% Of Poor Nigerians Are In The North

February 13, 2020 3:28 am

The World Bank has estimated that 87% of all the poor people in Nigeria are in the north.

In a report titled, ‘Advancing social protection in a dynamic Nigeria’, the Bretton Wood institution said the south-south zone recorded the most significant drop in poverty between 2011 and 2016.

“Poverty in the northern regions of the country has been increasing especially in the north-west zone. Almost half of all poor lived in the north-west and the north accounts for 87 percent of all poor in the country in 2016.

“Poverty rates in the southern zones were around 12 percent with little …

\Nigerian Presidents Not Prepared For Power – Bishop Kukah

Nigeria Is Not Worth Dying For, Says Kukah

February 13, 2020 3:28 am

Matthew Kukah, Catholic bishop of Sokoto diocese, says Nigeria is on the crossroads and its future hangs “precariously” in a balance.

Kukah said this in Kaduna during his homily at the funeral mass of Michael Nnadi, a student of the Catholic Good Shepherd Seminary, Kaduna, who was abducted and subsequently murdered.

Gunmen had invaded the seminary on January 8, abducting four students, including Nnadi. Three of the students were released after a ransom was paid, but Nnadi did not make it out alive.

Lamenting over the nationwide insecurity, Kukah said: “Our nation is like a ship stranded on the high …

Soldiers

‘FG Is Setting Our Killers Free’– Soldiers Cry Out

February 13, 2020 3:26 am

Some soldiers at the war front in the north-east have expressed disappointment over the release of 1,400 ”repentant” Boko Haram suspects.  

Babakura Jato, commissioner of information in Borno state, on Monday said that 1,400 had been released in three tranches since Operation Safe Corridor programme was launched.

Operation Safe Corridor is an initiative for the deradicalisation and rehabilitation of all ex-Boko Haram members.

Jato said the majority of them are cleared suspects.

Read Also: Boko Haram: What Buhari Said In Borno On Wednesday

“These were people who were suspected of being members of Boko Haram and it was discovered that …

CBN

CBN To Stop Burning Banknotes, Adopts Recycling

February 13, 2020 3:24 am

The Central Bank of Nigeria (CBN) says it will end the process of burning banknotes and adopt recycling.

In a document published on its website, the apex bank called on recycling companies to submit proposals for a contract to recycle wasted banknotes.

“Section 18(d) of the CBN act 2007 authorises the apex bank to arrange for the destruction of currency notes and coins withdrawn from circulation under the provision of section 20(3) of the said act or otherwise found by the bank to be unfit for use,” the call for proposal read.

“The CBN generates 100 tons of paper banknote …

Cruise Ship

Japan Cruise Ship Virus Cases Climb To 174

February 12, 2020 5:18 pm

Another 39 people aboard the Diamond Princess cruise ship in Japan have tested positive for the new coronavirus, authorities said Wednesday, as thousands more steel themselves for a second week in quarantine.

With 174 confirmed cases, the ship that arrived with over 3,700 passengers and crew has become the largest single cluster of the newly named COVID-19 virus outside its origin in China, where it has killed more than 1,100.

Passengers and crew are now halfway through a 14-day quarantine that is due to end on February 19 and have been mostly confined to their quarters, aside from being allowed …

Softbank

SoftBank Group Nine-Month Net Profit Down Nearly 70%

February 12, 2020 5:17 pm

Major Japanese technology investor SoftBank Group said Wednesday its net profit plunged nearly 70 percent for the nine months to December as investments in sharing economy companies including WeWork and Uber took a hit.

Bottom-line profit fell 69.0 percent to 476.6 billion yen ($4.3 billion) for the period, as the firm suffered an operating loss of 13.0 billion yen.

The operating loss was largely “due to a decrease in the fair values of investments including Uber and WeWork and its three affiliates,” the company said in a statement.

The company did not publish its outlook for the year to March …

Facebook and Google dominate the fast-growing segment of digital political ad spending, which now accounts for nearly 20 percent of campaign advertising dollars, according to a survey

Political Ad Spending Surges; Facebook Dominates Digital

February 12, 2020 5:16 pm

Political ad spending is surging for the US election, with digital campaigns — led by Facebook — accounting for nearly one-fifth of the total, researchers said Wednesday.

A report by eMarketer predicted total campaign media spending jumping 63 percent from four years ago to $6.89 billion, attributing the rise to the “intensity” of the presidential race as well as many congressional contests.

The forecast for the 2019-2020 election cycle covers spending on federal, state and local ads, including political action committee ads for candidates and lobbying activities.

Political ad spending, which is generally highest during presidential campaigns, is likely to …

Daulatdia is one of about 12 legal but frowned upon brothel areas operating in Bangladesh

Brothels Of Daulatdia: Girls To Get ‘Honourable’ Funeral

February 12, 2020 5:16 pm

Often treated as less than human in life, there has been little dignity in death for the sex workers of one of the world’s biggest brothels: their bodies frequently tossed into unmarked graves or dumped in the river.

Until now.

On Thursday, Hamida Begum became the first sex worker from Bangladesh bordello Daulatdia to receive a formal Islamic funeral, breaking a longstanding taboo in Muslim majority Bangladesh where prostitution is legal but regarded by many as immoral.

Scores of women gathered at the graveside, weeping for the 65-year-old’s passing but also because of the symbolic breakthrough her burial represented.

“I …

Russia

Turkey, Russia Trade Accusations As Syria Tensions Rise

February 12, 2020 5:14 pm

Turkey’s president accused Russia of committing “massacres” in its support of the Syrian government on Wednesday, escalating a war of words as more Turkish reinforcements arrived on the ground.

Recep Tayyip Erdogan threatened to strike Syrian regime forces “everywhere” if its soldiers come under renewed attack, but Russia hit back and accused the Turks of failing to “neutralise terrorists” in the northwestern province of Idlib.

Turkey has shored up its positions in recent days in Idlib — the last rebel bastion in Syria — with hundreds of vehicles carrying artillery and soldiers.

And a new convoy of Turkish armoured vehicles

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Boko Haram Strikes Again In Borno After Buhari’s Visit

February 12, 2020 3:44 pm

A number of Borno State residents fled their homes Wednesday evening.

This followed an attack by Boko Haram at Jiddari-Polo area, near Maiduguri, the state capital.

A video on social media shows people of different ages trekking inward the city centre away from the violence.

It was gathered that soldiers are engaging them.

The fresh battle occured few hours after President Muhammadu Buhari left Borno on a sympathy visit.

Buhari, was booed, during the visit.

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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