Category Archives: Breaking News

Facebook, Twitter lose $51bn in value after booting out President Trump

Facebook and Twitter , the two largest social media platforms to permanently ban President Donald Trump for his role in last week’s Capitol riots, saw $51.2 billion in combined market value erased over the last two trading sessions.

Companies across sectors have responded to the president’s rhetoric in recent days by pausing political donations, making statements decrying his inflammatory remarks, and pulling products with links to right-wing movements.

Facebook and Twitter possibly took the biggest retaliatory steps when they indefinitely banned Trump from their platforms on Thursday and Friday, respectively.

Both companies cited the risk of additional violence for their bans, but investors largely balked at the action. Facebook tumbled 4% on Monday and another 2.2% on Tuesday as shareholders dumped the stock, likely fearing the ban could drive users off the platform. By the time markets closed on Tuesday, Facebook’s market cap sat $47.6 billion below its Friday level.

Twitter plunged 6.4% to start the week and dipped another 2.4% as the sell-off continued into Tuesday’s close. The declines saw Twitter’s market cap drop by $3.5 billion.

To be sure, Twitter rose as much as 2.9% on Wednesday while Facebook wavered at its previous closing level. And analysts haven’t lowered the stocks’ median price targets following the bans, signaling the slides were likely knee-jerk reactions that will reverse over time.

Other tech giants responding to last week’s insurrection have fared better through the week. Apple and Google have both climbed slightly since announcing after Friday’s close they would remove right-wing social network Parler from their app stores. Amazon shares are up 1.6% since announcing on Sunday that it kicked Parler off of its web hosting service.

Still, the actions could come back to bite tech companies in the final week of Trump’s presidency. CNN reported on Monday that Trump might retaliate against tech giants for their bans. It’s not yet clear what the president’s actions would look like and if they will materialize before President-elect Joe Biden is inaugurated.

Facebook traded at $251.70 per share as of 10:25 a.m. ET Wednesday, down roughly 8% year-to-date.

Twitter traded at $47.94 per share, down 12% year-to-date.

BREAKING: Former Military Governor of Imo, Lagos States, Rear Admiral Ndubuisi Kanu Is Dead

Jungle Journalist Media Ltd has just learnt that Rear Admiral (retired) Ndubuisi Godwin Kanu is dead.

The new of his demise broke out this morning from a family source. Kanu was appointed military governor of Imo State of Nigeria in March 1976 during the military regime of General Olusegun Obasanjo.

He was the first governor after the decree that established the state from part of the old East Central state. He was transferred to become governor of Lagos State in 1977, leaving office in July 1978.

UNICEF, WHO, IFRC and MSF announce the establishment of a global Ebola vaccine stockpile

The four leading international health and humanitarian organizations announced today the establishment of a global Ebola vaccine stockpile to ensure outbreak response.

The effort to establish the stockpile was led by the International Coordinating Group (ICG) on Vaccine Provision, which includes the World Health Organization (WHO), UNICEF, the International Federation of Red Cross and Red Crescent Societies (IFRC), and Médecins Sans Frontières (MSF), with financial support from Gavi, the Vaccine Alliance. The stockpile will allow countries, with the support of humanitarian organizations, to contain future Ebola epidemics by ensuring timely access to vaccines for populations at risk during outbreaks.

The injectable single-dose Ebola vaccine (rVSV∆G-ZEBOV-GP, live) is manufactured by Merck, Sharp & Dohme (MSD) Corp. and developed with financial support from the US government. The European Medicines Agency licensed the Ebola vaccine in November 2019, and the vaccine is now prequalified by WHO, and licensed by the US Food and Drug Administration as well as in eight African countries.
Before achieving licensure, the vaccine was administered to more than 350,000 people in Guinea and in the 2018-2020 Ebola outbreaks in the Democratic Republic of the Congo under a protocol for “compassionate use”.

The vaccine, which is recommended by the Strategic Advisory Group of Experts (SAGE) on Immunization for use in Ebola outbreaks as part of a broader set of Ebola outbreak response tools, protects against the Zaire ebolavirus species which is most commonly known to cause outbreaks.

“The COVID-19 pandemic is reminding us of the incredible power of vaccines to save lives from deadly viruses,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “Ebola vaccines have made one of the most feared diseases on earth preventable. This new stockpile is an excellent example of solidarity, science and cooperation between international organizations and the private sector to save lives.”

UNICEF manages the stockpile on behalf of the ICG which, as with stockpiles of cholera, meningitis and yellow fever vaccines, will be the decision-making body for its allocation and release.
The stockpile is stored in Switzerland and ready to be shipped to countries for emergency response. The decision to allocate the vaccine will be made within 48 hours of receiving a request from a country; vaccines will be made available together with ultra-cold chain packaging by the manufacturer for shipment to countries within 48 hours of the decision. The targeted overall delivery time from the stockpile to countries is seven days.

“We are proud to be part of this unprecedented effort to help bring potential Ebola outbreaks quickly under control,” said Henrietta Fore, UNICEF Executive Director. “We know that when it comes to disease outbreaks, preparedness is key. This Ebola vaccine stockpile is a remarkable achievement – one that will allow us to deliver vaccines to those who need them the most as quickly as possible.”

As Ebola outbreaks are relatively rare and unpredictable, there is no natural market for the vaccine. Vaccines are only secured through the establishment of the stockpile and are available in limited quantities. The Ebola vaccine is reserved for outbreak response to protect people at the highest risk of contracting Ebola – including healthcare and frontline workers.

“This is an important milestone. Over the past decade alone we have seen Ebola devastate communities in West and Central Africa, always hitting the poorest and most vulnerable the hardest,” said IFRC Secretary General, Jagan Chapagain. “Through each outbreak, our volunteers have risked their lives to save lives. With this stockpile, it is my hope that the impact of this terrible disease will be dramatically reduced.”

“The creation of an Ebola vaccine stockpile under the ICG is a positive step”, said Dr Natalie Roberts, Programme Manager, MSF Foundation. “Vaccination is one of the most effective measures to respond to outbreaks of vaccine preventable diseases, and Ebola is no exception. An Ebola vaccine stockpile can increase transparency in the management of existing global stocks and the timely deployment of the vaccine where it’s most needed, something MSF has called for during recent outbreaks in the Democratic Republic of Congo.”

An initial 6,890 doses are now available for outbreak response with further quantities to be delivered into the stockpile this month and throughout 2021 and beyond. Depending on the rate of vaccine deployment, it could take 2 to 3 years to reach the SAGE-recommended level of 500,000 doses for the emergency stockpile of Ebola vaccines. WHO, UNICEF, Gavi and vaccine manufacturers are continuously assessing options to increase vaccine supply should global demand increase.

PHOTOS: Barr. Ebizi Eradiri, 1st class Law Graduate is the New Face of Bayelsa Girl, says Gov Diri

Bayelsa State Governor, Senator Douye Diri, has honoured the young lady who graduated with First Class Honours at both Niger Delta University, Amassoma and the Nigerian Law School, Miss. Ebizi Blessing Eradiri.

She has been awarded academic scholarships for her Masters and Ph.D in any University in the world as well as automatic employment as lecturer in the Faculty of Law, Niger Delta University.

Gov. Diri, who received her in his office in Yenagoa in company of the Deputy Governor, Senator Lawrence Ewhrudjakpo and other top government functionaries, also announced her as the “New Face of Bayelsa Girl”.

His Royal Majesty, King Bubaraye Dakolo, King of Ekpetiama Clan, led the team from the Kingdom and Eradiri’s family to the Government House for the reception.

More photos:

Schools may not resume January 18 due to Covid-19, says FG

The Federal Government has said that it is currently reviewing the January 18, 2021 resumption date for schools across the country due to the spike in Covid-19 cases.

It said that the date was not sacrosanct, hence the likely announcement of a new date, depending on the country’s Covid-19 indicator.

This disclosure was made by the Minister for Education, Adamu Adamu, at the resumed briefing of the Presidential Task Force (PTF) on Covid-19 in Abuja on Monday, January 11, 2021.

Adamu, in his statement, said, “When we decided on that date, it was just a target toward what we are working on. Of course, we are keeping it in view and looking at what is happening in the society and then it is supposed to be subject to constant review.

“Even today at the PTF meeting, we looked at the rising figures and thought we should probably take another look at it. On the Jan.18, 2021 date for school’s resumption, we are reviewing it,” he said.

The Minister also added that the issue was considered at the PTF meeting held on Monday, and the ministry would take it up on Tuesday.

Recall that the Presidential Task Force on Covid-19, in December 2020, directed that schools across the country should remain closed until January 18, 2021, due to the surge in Covid-19 cases.

The Director-General of the National Centre for Disease Control (NCDC), Dr Chikwe Ihekweazu, had warned that a significant rise in Covid-19 infections appeared imminent by January 2021 due to continued violations of safety protocols, especially during the Christmas period.

Delta State announces sale of forms into School of Nursing and Midwifery

It is hereby announced for the information of the general public particularly Deltans, that the Delta State Common Entrance Examination Committee (Nursing and Midwifery), has commenced the sales of forms and process of Entrance Examination into the following available programmes in the various State Schools of Nursing and Midwifery.

i. POST BASIC NURSING PROGRAMME for the award of Registered Nurse (R.N.)

· Schools – State Schools of Nursing Agbor, Eku and Warri

· Duration – 18 months

· Entry Qualification-Registered Midwives (R.M.)

· Application Form- Forms are obtainable in all the State Schools of Nursing. Application with enclosed receipt of payment and 2 passport photographs (coloured with white background) must be routed through the Principal of the school of applicant’s choice.

· Entrance Examination Date and Venue – Date: Saturday, January 30, 2021; Time: 10am prompt; Venue: State School of Midwifery, Asaba

ii. BASIC MIDWIFERY PROGRAMME for the award of Registered Midwifery (R.M.) Certificate

• Schools – State Schools of Midwifery, Asaba and Sapele

• Duration- 3 years

• Entry Qualification– Applicants must be between 17 and 25 years of age and must have five credits at SSCE/WASC O/L. NECO in English Language, Mathematics, Biology, Physics and Chemistry at not more than two sittings

• Application Form- Forms are obtainable in all the State Schools of Nursing and Midwifery. Application with enclosed receipt of payment and 2 passport photographs (coloured with white background) must be routed through the Principal of the school of applicant’s choice

• Entrance Examination Date and Venue – Date: Saturday, February 13, 2021; Time: 10am prompt; Venue: State School of Midwifery, Asaba

iii. BASIC NURSING PROGRAMME for the award of Registered Nurse (R.N.) Certificate

• Schools – State Schools of Nursing Agbor, Eku and Warri

• Duration –3 years

• Entry Qualification– Applicants must be between 17 and 25 years of age and must have five credits at SSCE/WASC O/L. NECO in English Language, Mathematics, Biology, Physics and Chemistry at not more than two sittings

• Application Form- Forms are obtainable in all the State Schools of Nursing and Midwifery. Application with enclosed receipt of payment and 2 passport photographs (coloured with white background) must be routed through the Principal of the school of applicant’s choice

• Entrance Examination Date and Venue – Date: Saturday, March 6, 2021; Time: 10am prompt; Venue: Federal College of Education (Technical), off Ibusa Road, Asaba.

. Candidates should endeavor to bring along with them writing materials and photocopy of their filled forms.

Due to the activities of scammers/fraudsters on the prowl, applicants should please note that forms are not sold or filled online but through a non-refundable fee of N10, 000.00 (ten thousand naira) only, payable to:

Account Name: Ministry of Health, Department of Nursing and Midwifery; Account

Number: 1015649624,

Bank: Zenith Bank.

Accordingly, interested candidates are by this announcement advised to obtain their forms and submit same as directed above.

Theresa Adiabua Oliko,

State Director of Information

NPHCDA, NCDC announces plan for COVID -19 vaccine distribution in Nigeria

The National Primary Health Care Development Agency, NCDC, has announced a distribution plan for the COVID-19 vaccine in the country, saying that the rate of infection in each state was the criterion used in the distribution.

It revealed the plan alongside the publication of the latest infection rates for the disease by the Nigeria Centre for Disease Control on its verified website.

Based on the rate of infection in the states, the distribution list of the COVID-19 vaccine indicated that Kano State will receive three thousand, five hundred and fifty-seven the highest, followed by Lagos, three thousand, one hundred and thirty-one.

The least vaccine, six hundred and sixty-one will go to Nasarawa State while Anambra State will receive one thousand, three hundred and seventy-nine among other states.

The NPHCDA said that though all of the states were getting less than four thousand vaccines from the first batch, the federal government had advised that frontline workers, like those in the health and security sectors, be given priority, as well as the elderly.

The agency said that the vaccine, expected to be administered in January and February, would be done in compliance with WHO standards as the federal government was also sourcing for more vaccines from other countries like Russia.

WAEC says January 29 is  deadline for WASSCE registration

The West African Examinations Council, WAEC Nigeria, has pegged the deadline for the registration of the West African Senior School Certificate Examination, WASSCE, for private candidates, 2021-First Series on 29th January, 2021.

This was disclosed over the weekend by the WAEC Head of Public Affairs, Mr. Demianus Ojijeogu, who confirmed that the report from its Zonal WAEC office, Benin City, Edo State was true.

Mr. Ojijeogu, who explained that this information applies to Nigerians, who want to sit for WASSCE this year, noted that the pin can be gotten from any WAEC office nearest to them.

Turkey Presidency quits WhatsApp, switches to local app BiP over privacy change

Turkish President Recep Tayyip Erdogan’s media office says it is quitting WhatsApp after the messaging app’s move to oblige many of its users to agree to a controversial new privacy policy.

In statements made through WhatsApp on Sunday, presidency officials said that media office will update journalists via BiP, a unit of Turkish communication company Turkcell, from Monday.

Following WhatsApp’s forced update in its privacy policy this week, users in Turkey have objected to it on Twitter with the hashtag #DeletingWhatsapp.

According to Turkish state media quoting Turkcell, BiP gained more than 1.12 million users in just 24 hours, boasting more than 53 million users worldwide.

Alternations made to WhatsApp’s terms and services will be effective from February 8 and they will allow it to share data with parent company Facebook and its other subsidiaries.

Users have to agree to the new terms in order to be able to keep using the application after the deadline.

On Saturday, Ali Taha Koc, head of the Turkish Presidential Digital Transformation Office, criticised WhatsApp’s new terms of services and the exemption from the new data-sharing rules for users in the United Kingdom and the European Union.

He called on Turks to use “national and local” apps such as BiP and Dedi.

“The distinction between EU member countries and others in terms of data privacy is unacceptable! As we have cited in the Information and Communication Security Guideline, foreign origin applications bear significant risks regarding data security,” Koc said in a tweet.

“That’s why we need to protect our digital data with local and national software and develop them in line with our needs. Let’s not forget that Turkey’s data would stay in Turkey thanks to local and national solutions.”

New rules
The firm said the updated terms will allow additional sharing of information between WhatsApp and Facebook and its other applications like Instagram and Messenger such as contacts and profile data but not the content of messages which remain encrypted.

Facebook aims to monetise WhatsApp by allowing businesses to contact their clients via the platform and to sell them products directly using the service, as they already do in India.

Facebook has come under increasing pressure from regulators as it tries to integrate its services.

In 2017, the EU fined the US social media giant 110 million euros (then $120m) for providing incorrect and misleading information about its 2014 takeover of WhatsApp concerning the ability to link accounts between the services.

Federal and state regulators in the US have accused Facebook of using its acquisitions of WhatsApp and Instagram to crush competition and filed antitrust lawsuits last month that aim to force the company to divest from them.

In November, Turkey fined global social media companies, including Facebook, Twitter and Instagram, 10 million lira ($1.18m) each for not complying with a new social media law.

The new law, which came into effect in October, requires platforms with more than one million daily users in Turkey to appoint a representative accountable to Turkish courts, abide by orders to remove “offensive” content within 48 hours and store user data inside Turkey.

BREAKING: Prof George Obiozor emerges President of Ohanaeze Ndigbo, as other candidates boycott election

Professor George Obiozor has emerged President General of the Igbo socio-cultural group, Ohanaeze Ndigbo.

Obiozor, a former Nigerian ambassador to the United States, Israel, and Cyprus, emerged in an election held at Dan Anyim stadium in Owerri, the Imo state capital, on Sunday.

This is as other candidates for the position of the President General boycotted the election.

The Board of Trustee member representing Rivers State at Ohanaeze Ndigbo, Dr Jackson Omenazu, who spoke to newsmen at the venue of the election, declared the process that brought Obiozor to power as fraudulent.