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☆ U.S. imposes election-related visa restrictions on Nigerians
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, May 15 (Reuters) - The United States has imposed entry restrictions on more Nigerians for undermining the democratic process during the African nation's 2023 election cycle, U.S. Secretary of State Antony Blinken said on Monday. "These individuals have been involved in intimidation of voters through threats and physical violence, the manipulation of vote results, and other activity that undermines Nigeria’s democratic process," Blinken said in a statement. The action is the latest in a series of visa restrictions imposed on Nigerian individuals in recent years. Nigeria's election tribunal this month was to begin hearing opposition petitions challenging president-elect Bola Tinubu's victory in the disputed February presidential vote, court records showed. Atiku and Obi want the tribunal to invalidate Tinubu's victory, arguing that the vote was fraught with irregularities, among other criticisms.

☆ Can the UK afford to host Ukraine’s Eurovision? It can’t afford not to
▼ + stars: | 2023-05-12 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

watch nowThe U.K. will host the 67th Eurovision Song Contest on May 13. What is the Eurovision Song Contest? The U.K. is hosting the 67th edition of the Eurovision Song Contest in 2023, as the war remains ongoing in Ukraine, 2022's winners. For one, the competition can be a great advert for the host city — and country — which can endure well after the party is over. Electro-pop duo Tvorchi is representing Ukraine in the 2023 Eurovision Song Contest.

☆ Meet Fashion Nova's billionaire CEO who owns the biggest modern home in the US —a $126 million LA megamansion
▼ + stars: | 2023-04-28 | by ( Áine Cain | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Richard Saghian is best known as the fashion mogul behind Fashion Nova, but he's also snapped up pricey real estate. Within a year, he bought a $40 million home on Malibu's "Billionaire's Beach" and shelled out $126 million for the biggest modern home in the US. The billionaire exec has shelled out $40 million for a 6,000-square-foot home on Malibu's exclusive "Billionaire's Beach," The Real Deal reported. Less than a year prior, Saghian bid $126 million at auction for a Los Angeles megamansion. Nicknamed "The One," the 105,000-square-foot property is considered the biggest modern home in the US.

☆ A small-cap fund manager who's beaten 90% of his peers over the last year shares 5 stocks he's betting on now — and how he weeds out downside risk in a volatile area of the market
▼ + stars: | 2023-04-25 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Investors look to small-cap stocks for big upside potential. 5 stocks Harden is betting on nowHarden shared five holdings that he's put through this process and are among those he's most bullish on right now. Next, Harden listed two regional banks: Metropolitan Bank (MCB) and Merchants Bancorp (MBIN). The iShares US Regional Banks ETF (IAT) is down 26% year-to-date. "I don't think there's any money in having a calendar," he said.

☆ Ukraine says it seized assets of billionaire accused of aiding Russia
▼ + stars: | 2023-04-13 | by ( Max Hunder | ) www.reuters.com time to read: +4 min

The Security Service of Ukraine (SBU) has accused Novynskyi of "aiding" Russia, which invaded Ukraine last year. The representative, who did not want to be named, on Friday said the billionaire denies the charge. The SBU said it had seized assets including ownership deeds to 40 Ukrainian enterprises and 30 natural gas wells. "The property of pro-Russian oligarch Vadym Novynskyi, who is involved in aiding the aggressor country, was seized," the SBU said in a statement. The details of the accusations against him for aiding Russia have not been spelled out by the SBU.

☆ Nigeria gets World Bank funding for social program ahead of fuel subsidy cut
▼ + stars: | 2023-04-05 | by ( Felix Onuah | ) www.reuters.com time to read: +2 min

[1/2] A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. ChristoABUJA, April 5 (Reuters) - Nigeria has secured $800 million from the World Bank to scale up its national social program ahead of the removal of its costly but popular subsidies on petrol in June, Finance Minister Zainab Ahmed said on Wednesday. Ahmed said the government was considering cash transfers and mass transit buses for workers to ease the pain of the subsidy removal on the most vulnerable segment of its population. She added that the country has registered ten million households, which is equivalent to 50 million people on its vulnerable list. Ahmed said discussions were going on at different levels of government and with members of the incoming administration of President-elect Bola Tinubu on the subsidy removal.

☆ Fact Check-Video purporting to show post-election clash in Lagos, Nigeria, dates to at least October 2022
▼ + stars: | 2023-03-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

“It seems Ndigbo have waken up to defend themselves from Tinubu's APC thugs in Lagos,” wrote one person who shared the video on Twitter. However, another online search of keyframes also revealed that the clip was shared online as early as October 2022 (here ) (here ) (here ). TVC News Nigeria reported that a clash broke out between traders and road transport workers at Alaba International market on Oct. 19 (here ). Corroborating videos said to show the market has been shared online (here ) and other local outlets reported on the clashes (here ) (here ). Video showing clashes in Alaba International Market in Lagos, Nigeria dates to at least October 2022.

☆ Six Nigerian states challenge election in Supreme Court
▼ + stars: | 2023-03-03 | by ( Camillus Eboh | ) www.reuters.com time to read: +3 min

ABUJA, March 3 (Reuters) - Six opposition-led Nigerian states have asked the Supreme Court to throw out the result of last weekend's presidential vote, saying the electoral body broke the law and its own rules during the count, court papers showed. Six of Nigeria's 36 states - Adamawa, Akwa Ibom, Bayelsa, Delta, Edo and Sokoto - said in court papers dated Feb. 28 that the election commission had failed to transmit results through an electronic system meant to show transparency. They sought a court declaration that all presidential election results announced by the chairman of the Independent National Electoral Commission (INEC) "were invalid, null and void, and of no effect whatsoever". Those materials included ballot papers and voting machines, the order from the appeals court showed. There have been numerous legal challenges to the outcome of past Nigerian presidential elections but none has succeeded.

☆ Nigeria's Obi says he, not Tinubu, won presidential election
▼ + stars: | 2023-03-02 | by ( Camillus Eboh | ) www.reuters.com time to read: +5 min

Summary Presidential election marred by technical problemsWinner Tinubu says vote was credibleChallenger Obi vows to overturn result in courtAfter vibrant campaign, turnout was record lowABUJA, March 2 (Reuters) - Nigerian presidential candidate Peter Obi said on Thursday he had won Saturday's election, called Bola Tinubu's victory fraudulent and promised to claim the top job through legal means. Tinubu, the ruling party candidate, was declared president-elect of Africa's most populous nation on Wednesday, having won 37% of the vote. He said the election was credible and the reported problems had had no impact on the overall outcome. "We won the election and we will prove it to Nigerians," he said. While neither generated the visible enthusiasm directed at Obi, both had powerful political machines and decades of networking behind them.

☆ Bola Tinubu: From godfather of Lagos to Nigeria's president-elect
▼ + stars: | 2023-03-01 | by ( Tim Cocks | ) www.reuters.com time to read: +4 min

And since he bowed out as Lagos governor in 2007, Tinubu has picked every subsequent winning candidate to run Africa's biggest city. That power will now be tested as Tinubu attempts to tackle Nigeria's crises and improve on Buhari's lacklustre record. Many of these problems worsened under Buhari, on whose party ticket Tinubu ran. A spokesman for Tinubu's campaign did not respond to repeated requests for comment. A biography on his campaign website says Tinubu was born in Lagos in 1952, to a Muslim family from the Yoruba ethnic group, the majority in southwest Nigeria.

☆ Explainer: Nigeria election: what to expect from president-elect Bola Tinubu
▼ + stars: | 2023-03-01 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +5 min

LAGOS, March 1 (Reuters) - Nigeria's president-elect Bola Tinubu has promised to tackle a litany of problems, including escalating violence, double-digit inflation and industrial-scale oil theft. Tinubu says he will build on Buhari's public infrastructure programme to create jobs and remove legal limits on government spending. Tinubu says he will set up a surveillance unit to protect the country's pipelines and attract new investors with tax incentives. Africa's top producer of crude oil depends on imported refined fuels, something Tinubu wants to end by increasing domestic refining through joint ventures with private investors. Tinubu wants to recruit more soldiers and police officers, while paying and equipping them better.

☆ Nigerian ruling party candidate declared winner in highly disputed election
▼ + stars: | 2023-03-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

ABUJA, Nigeria - March 1, 2023: Ruling party candidate Bola Tinubu, addresses supporters during celebrations at his campaign headquarters. Tinubu won Nigeria's highly disputed weekend election, electoral authorities said on Wednesday, securing the former Lagos governor the presidency of Africa's most populous democracy. Nigeria's ruling party candidate Bola Tinubu was declared the winner of the country's presidential election on Wednesday after polling was marred by transparency concerns and widespread technical problems. The APC, PDP and Labour Party won 12 states apiece, while the New Nigerian Peoples Party (NNPP) candidate Rabiu Kwankwaso claimed one state. However, the PDP, Labour Party and several other opposition parties had already rejected the results by the time Tinubu was declared president-elect on Wednesday.

☆ Nigeria's Tinubu has unassailable lead in provisional election results - Reuters tally
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +1 min

LAGOS, Feb 28 (Reuters) - Nigeria's ruling party candidate Bola Tinubu has an unassailable lead in the presidential election held over the weekend, a Reuters tally of provisional results from all 36 states and the federal capital Abuja showed on Tuesday. Tinubu of the governing All Progressives Congress (APC) of outgoing president Muhammadu Buhari got about 35% of the vote, trailed by Atiku Abubakar of the main opposition People's Democratic Party (PDP) with 30%. Peter Obi of the Labour Party, an outsider popular with the youth and educated voters, got 26%. Tinubu's potential victory extends the All Progressives Congress party's (APC) grip on power in Africa's top oil producer and most populous nation, though he inherits a litany of problems from outgoing President Muhammadu Buhari. Reporting by Hamza Ibrahim in Kano, Ahmed Kingimi in Maiduguri, Anamesere Igboeroteonwu in Onitsha Tife Owolabi in Yenagoa, Tim Cocks and Macdonald Dzirutwe in Lagos; Writing by Tim CocksOur Standards: The Thomson Reuters Trust Principles.

☆ Nigeria's Peter Obi wins in Lagos state in presidential election
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

LAGOS, Feb 27 (Reuters) - Nigerian presidential candidate Peter Obi, whose campaign attracted young people and urban voters fed up with corrupt politics, won most votes in the commercial hub of Lagos state, where Africa's biggest city is located. Nigeria's electoral commission began announcing state-by-state results in the national elections on Sunday, though it is not expected to name a victor in the race to succeed President Muhammadu Buhari for several days. Obi of the Labour Party got 582,454 votes, just ahead of 572,606 for former Lagos governor Bola Tinubu for the governing All Progressives Congress party, electoral commission data showed on Monday. He was most popular with the youth, but especially urban, relatively educated voters with access to smartphones and social media. Reporting by MacDonald Dzirutwe; Writing by Tim Cocks; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Tommy Fury defeats Jake Paul in Saudi showdown
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +2 min

"Tonight I made my own legacy, I made my own legacy," Fury said, finally stepping out of the shadow of his illustrious boxing family. "All the way through these two and a half years, I had a dream, a vision, and no-one believed me. A short left hand downed Fury in the eighth and final round to shift the momentum in Paul's favour to set up a grandstand finish in which both men chased a knockout punch that never materialised. "All respect to Tommy, he won, don't judge me by my wins, judge me by my losses. I'll come back, I thought I deserve that rematch, it was a great fight, a close fight," Paul said in the ring as his boxing record slipped to six wins and one loss.

☆ 'Unpredictable' election in Africa's largest economy is set to resonate around the world
▼ + stars: | 2023-02-22 | by ( Elliot Smith | ) www.cnbc.com time to read: +8 min

After 24 years of uninterrupted democracy since ending military dictatorship in 1999, Africa's most populous nation and largest economy is conducting its seventh election. Muhammadu Buhari, Nigeria's president, speaks during the U.S.-Africa Business Forum in New York. Leena Koni Hoffmann, associate fellow of the Africa Programme at Chatham House, told CNBC on Monday that the presidential election will be the "most unpredictable" since the transition to civilian rule. Alongside the Covid-19 pandemic and war in Ukraine, Koni Hoffmann noted "missed opportunities" and "self-inflicted crises" under Buhari's regime. Economists panned the decision, which Koni Hoffmann suggested rendered Nigeria and its neighbors more vulnerable to the damage of the pandemic.

[1/6] Godwin Nnamdi, 27-year-old fitness trainer and first-time voter, poses for a portrait at a gym in Lagos, Nigeria February 15, 2023. But his active social media campaign and promises to break with Nigeria's gerontocratic past have endeared him to many younger voters. The young and tech-savvy, first-time voters rallying around Obi call themselves the "Obi-dients" - a somewhat incongruous choice for an anti-establishment movement. The former banker has promised jobs, skills training and funding to young Nigerians, but so too have Tinubu and Atiku. If Obi loses, Ndukwe said he would join the wave of skilled Nigerians leaving the country in its perpetual brain drain.

☆ Fashion Nova founder joins 'Billionaire's Beach' with all-cash purchase of $40 million Malibu property — a 20-minute drive from his $126 million Bel-Air mega-mansion
▼ + stars: | 2023-01-06 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Fashion Nova founder Richard Saghian is now a resident of Malibu's exclusive Billionaire's Beach. Saghian paid $40 million in an all-cash deal for the Malibu beachfront home. Less than a year ago, Saghian purchased "The One" in Bel-Air for $126 million, the largest modern home in the US. According to the listed addresses for both properties, Saghian's new home is just a 20-minute drive from his megamansion in Bel-Air. The fashion executive secured his new Malibu home for $20 million less than its June asking price of $69 million, according to The Real Deal.

☆ Inside Malibu's largest home for sale: $58.8 million
▼ + stars: | 2022-12-19 | by ( Ray Parisi | ) www.cnbc.com time to read: 1 min

The Bali-inspired residence at 11870 Ellice St is perched above the Pacific Coast Highway in Malibu is on the market for $58,808,000. The modern glass-and-concrete architecture, called the Kaizen House, is built around an open-air courtyard with lush palms and a koi-filled pond at its center. CNBC's Ray Parisi tours the six-bedroom-ten-bath mansion with co-listing agent Branden Williams president and co-founder of the Beverly Hills Estates Group.

☆ Ukrainian intelligence announces seizure of propaganda in Russian Orthodox church, blurs face of cat 'agent'
▼ + stars: | 2022-12-08 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Ukrainian intelligence said Thursday its agents had seized propaganda found inside Russian Orthodox churches. In a statement, Ukraine's SBU also said it found Russian passports and looted icons. It also released a photo of those agents that included a cat whose face was blurred. The SBU also claimed to have found documents indicating that Russian Orthodox priests were collaborating with the Russian government and its occupation authorities in Kherson. Ukrainian President Volodymyr Zelenskyy has accused the Russian Orthodox Church of seeking to "weaken Ukraine from within" amid calls from some to ban the organization.

☆ FUBU's Daymond John says retail is 'very challenging,' discusses Build Black with Shopify pitch contest
▼ + stars: | 2022-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFUBU's Daymond John says retail is 'very challenging,' discusses Build Black with Shopify pitch contestCramer spoke with the FUBU chief executive on Monday.

☆ Top Wall Street analysts name their best stock ideas to ride out the market turbulence
▼ + stars: | 2022-09-25 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

To choose the right stocks, staying aware of what Wall Street analysts are saying can be of help. related investing news Analysts name the top 'high conviction' stocks for playing the market turbulence The perils and promise of quantum computing are nearing. The North American housing market has slowed considerably, with the ill effects trickling down to construction equipment demand. He holds the 782nd position among almost 8,000 analysts tracked on TipRanks and has a success rate of 52%. According to the law, a $3 per kg production tax credit will be provided to developers producing green hydrogen (hydrogen produced with electrolyzers sourced from clean energy).

☆ Meet Fashion Nova's billionaire CEO, who just bought a $40 million beach home after buying the biggest modern home in the US last year for $126 million
▼ + stars: | 2022-03-08 | by ( Áine Cain | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Richard Saghian is best known as the fashion mogul behind fast fashion brand Fashion Nova. Saghian is also snapping up pricey real estate. But that isn't his first big real estate purchase in LA. Last year, he shelled out $126 million for a Bel-Air megamansion, the biggest modern home in the US. The billionaire exec recently shelled out $40 million for a 6,000-square-foot home on Malibu's exclusive "Billionaire's Beach," The Real Deal reported.

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