Day: October 31, 2019

Twitter to ban all political advertising by November

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Social media platform, Twitter says it will ban all political advertising worldwide, saying that the reach of such messages “should be earned, not bought”. “While internet advertising is incredibly powerful and very effective for commercial advertisers, that power brings significant risks to politics,” says the company’s CEO Jack Dorsey in a tweet. Although, it’s rival, Facebook recently ruled out a ban on political ads. The ban by Twitter will be enforced from 22 November, with full details released by 15 November. Mr Dorsey explained his position in a thread of…

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First governor of Lagos State, Mobolaji Johnson dies at 83

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Brig. Gen. Mobolaji Olufunso Johnson, the first governor of Lagos State, is dead. According to reports, Johnson, died on Wednesday, afternoon around 4:00 pm at the age of 83. Johnson was Lagos State governor between May 1967 and July 1975 under Gen. Yakubu Gowon who was then, the military Head of State. Four years after he left office, 1979 precisely, he became a director of a foremost construction company in Nigeria, Julius Berger Nigeria. In 1996, he emerged its (Julius Berger Plc) chairman until 2009. Share on: WhatsApp

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3rd Quarter: Union Bank’s profit rises by N15.6 bn

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One of Nigeria’s oldest financial institutions, Union Bank Nigeria Plc has recorded a profit before tax of N15.6 billion for its unaudited financial statement for the period ended September 30, 2019, Q3’19 representing a growth of five per cent from N14.9 billion recorded in the corresponding period of 2018. In its financial statement sent to the Nigerian Stock Exchange, its gross earnings was down by four per cent to ₦117.2 billion from N122.2 billion in Q3’18, a situation attributed to a decrease in average earning assets.  The Bank’s interest income was…

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Court of Appeal Judge, Chioma Nwosu abducted, police orderly shot dead

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Unknown gunmen, on Wednesday, October 30, 2019 kidnapped one of the justices of the Benin Court of Appeal, Justice Chioma Nwabuzor, after killing the police orderly attached to her. The incident was said to have occurred along the Benin Agbor Expressway while in company of her driver and her orderly who died during the attack, while the driver escaped death, but with injuries. DSP Chidi Nwabuzor, the Edo State Police Command spokesman said that the incident occurred at about 11.30 a.m., along the Benin-Agbor expressway, at Christ Chosen Church of…

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