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☆ Nigeria swears in lawmakers, focus shifts to president's cabinet nominees
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

ABUJA, June 13 (Reuters) - Nigeria's new lawmakers were sworn in on Tuesday following February elections, setting the stage for President Bola Tinubu to submit cabinet nominees in a process likely to signal how he intends to tackle a struggling economy and growing insecurity. The swearing-in ceremony in the capital Abuja also saw Tinubu's allies elected as Senate President and House Speaker, to mark the official start of legislative duties for newly elected officials. Nigeria's Senate wields significant influence in Nigeria's bicameral legislature, including scrutinizing and confirming the president's cabinet nominees. Tinubu has up to the end of July to name his cabinet but his aides say the president could submit some names as soon as next week. His choice of finance, petroleum and defence ministers as well as national security adviser would be closely watched.

Persons: Bola Tinubu, Tinubu, Godwin Emefiele, Elisha Bala, Camillus Eboh, William Maclean Organizations: Senate, Thomson Locations: ABUJA, Abuja, Gbogbo

☆ Nigeria's security agency detains suspended central bank governor
▼ + stars: | 2023-06-10 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +2 min

LAGOS, June 10 (Reuters) - Nigeria's suspended central bank Governor Godwin Emefiele has been detained and is being held in custody for investigative reasons, the police's Department of State Services (DSS) said on Saturday. The country's new President Bola Tinubu suspended Emefiele with immediate effect on Friday, a measure the government said was linked to an ongoing probe of the governor's office and to planned reforms in the financial sector. "The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN) is now in its custody for some investigative reasons," the DSS statement said. Under Nigerian law, the permanent removal of a central bank governor from office would require a vote by the Senate. Economic analysts expect a series of changes at the central bank, including a gradual devaluation of the naira.

Persons: Godwin Emefiele, Bola Tinubu, Tinubu, Mr Godwin Emefiele, Emefiele, Razia Khan, MacDonald Dzirutwe, Alex Richardson, Mike Harrison, Helen Popper Our Organizations: police's Department of State Services, of State Services, Central Bank of Nigeria, Senate, Standard Chartered, Thomson Locations: LAGOS, Africa, Middle East, Nigeria

☆ Nigeria's President Tinubu suspends central bank governor
▼ + stars: | 2023-06-09 | by ( Felix Onuah | ) www.reuters.com time to read: +2 min

ABUJA, June 9 (Reuters) - Nigeria's President Bola Tinubu has suspended central bank Governor Godwin Emefiele with immediate effect, following ongoing investigation of his office and planned reforms in the financial sector, the head of the government said on Friday. Tinubu criticised Emefiele's handling of the currency and monetary policy at his inauguration last week and called on the central bank to work towards a unified exchange rate. "President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, from office with immediate effect," the government said in a statement. Emefiele has been directed to hand over operations to the deputy governor, who will act as the central bank governor pending the conclusion of investigation and the reforms, the statement said. On Wednesday, the central bank allowed the naira to weaken by 2% on the official market to a record low.

Persons: Bola Tinubu, Godwin Emefiele, Tinubu, Bola Ahmed Tinubu, Mr Godwin Emefiele, Emefiele, Muhammadu Buhari, Felix Onuah, Chijioke Ohuocha, Marguerita Choy, Chris Reese Organizations: Central Bank Governor, Financial, Thomson Locations: ABUJA, Nigeria

☆ 2023 layoff tracker: The latest on which companies have announced job cuts
▼ + stars: | 2023-04-25 | by ( Jennifer Korn | ) edition.cnn.com time to read: +20 min

New York CNN —BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. With 11,000 job cuts announced in November and the 10,000 announced in March, Meta’s headcount will fall to around 66,000 — a total reduction of about 25%. The company announced in January that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. IndeedJob listing website Indeed.com announced cuts of approximately 2,200 employees, representing almost 15% of its total workforce, the company said in March. The cuts come after the company announced several rounds of job cuts throughout the pandemic due to falling demand, followed by rapid hiring last year.

☆ ABC News staffers were stunned at the departures of veteran colleagues and 'outraged' about how the exits were handled
▼ + stars: | 2023-04-01 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +6 min

Some ABC News staff were in tears on Thursday after layoffs of respected news veterans. Kim Godwin has made positive changes as ABC News president and has faced a string of complex situations. ABC News staffers are in shock over the departure of multiple senior-level colleagues, most notably Wendy Fisher, SVP news gathering. ABC News alone lost 50 staffers on Thursday as part of the slim-down and a leadership reorganization by division President Kim Godwin. A second ABC News insider said it was unprecedented to dismiss longtime veterans in such a manner.

☆ ABC News lays off several senior executives amid broader Disney cost-cutting in ‘shock’ to newsroom
▼ + stars: | 2023-03-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —ABC News on Thursday stunned staffers, laying off several senior executives and restructuring its newsroom amid a broader workforce reduction being carried out by its parent company Disney, people familiar with the matter told CNN. “Throughout the company, teams are being impacted by the downsizing that was announced several weeks ago, including our own ABC News family,” ABC News President Kim Godwin told staffers in a memo. The C-suite bloodbath astonished staffers at the network, people familiar with the matter told CNN. Godwin said she promoted London bureau chief Katie den Daas to vice president of newsgathering and that executive vice president Derek Medina will now oversee talent strategy. Godwin also said that investigating and enterprise units will be overseen by executive editor and senior vice president of news Stacia Deshishku.

☆ ABC News lays off senior executives in Disney's cost-cutting drive
▼ + stars: | 2023-03-30 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

March 30 (Reuters) - Walt Disney Co's (DIS.N) ABC News laid off several senior executives on Thursday, as it restructures its newsroom, two sources confirmed. Among those to lose their jobs in the restructuring were Wendy Fisher, senior vice president of news gathering; Galen Gordon, senior vice president of talent; Alison Rudnick, vice president of corporate communications; and David Herndon, executive director and Los Angeles bureau chief. Godwin named London bureau chief Katie den Daas as vice president of newsgathering, overseeing domestic and international teams. The business and operations team will expand to include talent, production and business affairs, reporting to ABC News Executive Vice President Derek Medina. Stacia Deshishku, executive editor and senior vice president of News, will assume responsibility for the investigative and enterprise reporting unit.

☆ Disney layoffs are expected to hit ABC News this week, sources say, with scores of roles to be eliminated following cuts from TV, engineering, and metaverse teams
▼ + stars: | 2023-03-29 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Cuts at Disney's ABC News are coming before the end of the week, according to sources. Disney firings are expected to affect its ABC News division this week, according to two company insiders familiar with the situation. TV production and acquisition execs at Hulu, Freeform, and 20th Television were also impacted, according to a report in Deadline. Leaders will be communicating the news directly to the first group of impacted employees over the next four days. I want to thank each of you again for all your many achievements here at The Walt Disney Company.

☆ U.S. military conducts first maritime drills with West African forces
▼ + stars: | 2023-03-16 | by ( Cooper Inveen | ) www.reuters.com time to read: +2 min

SOGAKOPE, Ghana, March 16 (Reuters) - The West African troops silently pulled their small boats up to a rust-stained ferry and swarmed up its sides on grappling hooks to disarm the mock kidnappers onboard. The drill in Ghana's Volta river on Saturday was carried out during the first ever maritime exercises organised by the U.S. military under its long-running Flintlock programme to bolster the skills of West African forces. Around 350 troops took part in the drills including servicemen from Ivory Coast, Ghana and Nigeria on the Gulf of Guinea. Illegal, unreported and unregulated (IUU) fishing has spread along West Africa's coasts, sapping an estimated $9.4 billion per year through illicit financial flows, according to a 2022 report by the Financial Transparency Coalition of non-governmental organisations. Of the top 10 companies they found involved in IUU fishing in the region, eight were Chinese and a third of all vessels sported Chinese flags, it said.

☆ Long Covid disabled them. Then they met a ‘broken’ Social Security disability process
▼ + stars: | 2023-02-25 | by ( Morgan Stephens | ) edition.cnn.com time to read: +12 min

And two Congressional bills addressing the long Covid crisis — The “Covid-19 Long Haulers Act,” which would’ve collected data on long Covid patients with the goal of creating better care and treatment, and “The Care For Long Covid Act” would’ve improved research, centralized data and resources for people with Long Covid — died without making it out of committee. Disabled by long Covid since March 2020, she lives with her spouse and their 7-year-old son in Portland, Ore. “We didn’t design our life to be a single-income household.”Other long Covid patients have rearranged their finances, too. His company’s private long-term disability insurance pays a smaller percentage of the monthly benefit payout when federal disability pays a portion. “They’re not only dealing with long Covid complications, but they’re dealing with financial complications,” she said of her clients.

[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.

☆ Tuesday Morning says it wants to close 265 stores as part of its bankruptcy filing. See if your local store is on the list.
▼ + stars: | 2023-02-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +30 min

Camarillo: Camarillo Village Square, 2450 Las Posas Road, Ste HCamarillo Village Square, 2450 Las Posas Road, Ste H Roseville: Fairway Commons Shopping Center, 5771A Five Star Blvd. San Diego: Pacific Plaza Shopping Center, 1772‐D Garnet AvenuePacific Plaza Shopping Center, 1772‐D Garnet Avenue Woodland Hills: Pride Shopping Center, 22950 Victory Blvd. Winston-Salem: Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947 Matthews: Windsor Square Shopping Center, 9945 E. Independence Blvd. ; Westhill Village Shopping Center, 7525 WestheimerWeslayan Plaza West Shopping Center, 5442‐A Weslayan Street; Westheimer Commons, 12568 Westheimer Rd. ; Westhill Village Shopping Center, 7525 Westheimer El Paso: West Towne Marketplace, 6450 N. Desert Blvd., Ste.

Abuja, Nigeria CNN —Nigeria was forced Wednesday to delay plans to replace its banknotes with a redesigned currency after chaotic scenes at ATMs as millions of people struggled to get their hands on the new cash. The new naira notes are, however, “fortified with security features that make them difficult to counterfeit,” President Buhari said last year. Across the country, banks have increasingly become targets of mounting anger over the frustrating search for the new naira notes. Angry Nigerians vandalise Bank premises over frenzy of new naira notes. Nigerians are desperately relying on their banks to distribute new bills after the February 10 deadline to exchange the old currency saw many scrambling to deposit their old notes.

☆ Nigeria's central bank extends deadline to turn in old naira notes
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +1 min

ABUJA, Jan 29 (Reuters) - Nigeria's central bank will extend by 10 days a deadline for swapping old naira currency notes, it said in a statement on Sunday. Nigerians will now have until Feb. 10 to turn in 1,000 ($2.17), 500 and 200 naira notes. The central bank (CBN) started releasing newly designed notes last month but many say they cannot find them at banks or cash machines. Nigerian legislators and opposition presidential candidate Atiku Abubakar had called on the central bank to extend the Jan 31 deadline. About 1.3 trillion naira in old notes has been deposited into the bank since the announcement in October, the bank has said.

☆ 3 of TikTok's most popular financial influencers want you to know one thing: There's no one quick way to get rich
▼ + stars: | 2023-01-29 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Most young Americans are on TikTok, and surveys have found that roughly a third of them are seeking financial guidance on the platform. The 34-year-old uses his knowledge to dole out investing advice for his over 500,000 followers across TikTok, Instagram, and Patreon. He produces what he hopes is "entertaining but also educational" financial content for his 1.6 million TikTok followers, he told Insider. He says "absolutely nothing" he posts should be taken as financial advice, however. That said, he shares his investing tips and opinions with his audience, as well as what has helped him personally as a crypto investor.

☆ Amy Robach and T.J. Holmes to officially 'move on' from ABC following relationship scandal
▼ + stars: | 2023-01-28 | by ( Maria Noyen | ) www.businessinsider.com time to read: +2 min

Amy Robach and T.J. Holmes are officially leaving ABC News, a rep for the network confirmed to Insider. ABC News president Kim Godwin called the scandal a "distraction" in a memo sent to staff on Friday. CNN reported that ABC News president Kim Godwin sent a memo informing staff of Robach and Holmes's employment status on Friday. "After several productive conversations with Amy Robach and T.J. Holmes, about different options, we all agreed it's best for everyone that they move on from ABC News," the spokesperson said. At the time, both Holmes and Robach were legally married to other people.

☆ 'GMA3's T.J. Holmes and Amy Robach no longer with ABC News following their romance scandal
▼ + stars: | 2023-01-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

“GMA3” co-anchors T.J. Holmes and Amy Robach are no longer with ABC News, a spokesperson for the network said Friday, after news of their affair surfaced in December. "After several productive conversations with Amy Robach and T.J. Holmes about different options, we all agreed it’s best for everyone that they move on from ABC News," an ABC News spokesperson said in a statement. Gio Benitez and Stephanie Ramos filled in for Holmes and Robach for the week while the company made a decision. On Dec. 2, while hosting "GMA3" with Robach, Holmes poked fun about the “great week” the pair had. “I am very excited about the weekend.”Both Holmes and Robach deactivated their Instagram accounts since their relationship made news.

☆ Nigeria launches domestic card scheme in cashless bid
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +1 min

ABUJA, Jan 26 (Reuters) - Nigeria's central bank on Thursday launched a domestic card scheme to rival foreign cards like Mastercard and Visa, hoping to enhance its drive to make Africa's biggest economy a cashless society and save the country foreign transaction fees. The announcement by Central Bank of Nigeria (CBN) governor Godwin Emefiele follows the bank's decision last year to phase out old higher denomination bank notes. Emefiele told a virtual launch of the "AfriGo" card scheme that although penetration of card payments in Nigeria had grown over the years, many citizens remained excluded. AfriGo is owned by CBN and Nigerian banks and Emefiele said that Nigeria was joining China, Russia, India and Turkey in launching a domestic card scheme. International card service providers like Mastercard and Visa would not be stopped in Nigeria, he added.

☆ Whoopi Goldberg faces backlash after repeating false Holocaust comments
▼ + stars: | 2022-12-27 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +4 min

Why believe what they’re saying?”“It wasn’t originally [about race],” Goldberg continued. While the Auschwitz Memorial's tweet did not mention Goldberg by name, several other Jewish leaders used the tweet to call out the inaccuracy of Goldberg's comments. A Holocaust survivor, Lucy Lipiner, condemned Goldberg's comments in a tweet, writing that she "continues to use the Holocaust as her punching bag." "We told her that her comments harm us and she simply doesn't care," Lipiner wrote, referencing Goldberg's comments on "The View" in January. Those earlier comments led ABC News to suspend Goldberg for two weeks, with president Kim Godwin calling the comments “wrong and hurtful.” Goldberg apologized for those comments within hours.

☆ Here's how the US government is developing 5G for underwater Navy sensors and bomb disposal on land
▼ + stars: | 2022-12-20 | by ( Clara Mcmichael | ) www.businessinsider.com time to read: +5 min

The US government is working to integrate 5G into technology that addresses environmental hazards. The Navy is working with an Energy Department subsidiary on 5G tech meant to detect marine life. This article is part of "How 5G Is Changing Everything," a series about transformational 5G tech across industries. The lab collaborates with other government agencies to weave the latest 5G technology into their operations and has worked on projects ranging from underwater sensors to land-based bomb-disposal robots. The Navy is particularly interested in working on 5G underwater, where it could enable faster data collection and analysis, more efficient environmental monitoring, and better communication with the Navy's underwater assets.

☆ NFL roundup: Patriots fumble away game to Raiders on last play
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +9 min

Carr completed 20 of 38 passes for 231 yards, three touchdowns and one interception. Bengals 34, Buccaneers 23Joe Burrow threw four touchdown passes to help Cincinnati overcome a 17-point deficit and upend host Tampa Bay for its sixth straight win. Chicago regained possession trailing 17-13 with 8:25 to play after Jake Elliott's 38-yard field goal attempt bounced off the right upright. Saints 21, Falcons 18Andy Dalton threw two touchdown passes and Taysom Hill threw another one as host New Orleans defeated Atlanta. Dalton completed 11 of 17 passes for 151 yards and connected with Juwan Johnson for touchdowns of 19 and 22 yards.

Dr. Sheila Cannon, associate dean of the school of nursing at Fayetteville State, organized the recent training with funding from the state Legislature. That $1.5 million appropriation for Fayetteville State came on the heels of a news report last year that showed few sexual assault nurse examiners worked in rural North Carolina hospitals, which meant some patients had to travel hours from home or wait days for care. The reporting spurred a flurry of action at the state and federal level to pay for training and supporting sexual assault nurse examiners. Cornell Watson for NBC NewsIt was a struggle to get this program to Fayetteville State University at all. “I want to learn my script of how I move through things so I can be more efficient and the patient can feel more comfortable and confident in what I’m doing,” Godwin said.

☆ 'GMA3' anchors T.J. Holmes and Amy Robach taken off air after news of their relationship surfaces
▼ + stars: | 2022-12-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +1 min

"GMA3" co-anchors T.J. Holmes and Amy Robach have been taken off the air temporarily after news of their romantic relationship surfaced last week. But on Friday, while hosting the afternoon extension of “Good Morning America” with Robach, Holmes poked fun about the “great week” the pair had. Both Holmes and Robach deactivated their Instagram accounts since their relationship made news. NBC News reached out to Robach and Holmes’ representative, Matthew Hiltzik, who said the journalists have no comment at this time. T.J. Holmes was briefly a contributing anchor on MSNBC.

☆ Amy Robach and T.J. Holmes have reportedly been taken off 'GMA3'
▼ + stars: | 2022-12-05 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

"GMA3" co-anchors Amy Robach and T.J. Holmes have been temporarily removed from the show, according to reports. The pair have been engaged in an affair for some time, tabloids reported last week. Page Six first reported that Robach and Holmes had been engaged in a "months-long affair." Both of them are married to others, though People reported last week that they had separated from their spouses in August. Godwin said that Robach and Holmes' relationship had become "an internal and an external distraction," according to the Post.

☆ Nigerians unimpressed with resigned Naira banknotes
▼ + stars: | 2022-11-25 | by ( Nimi Princewill | ) edition.cnn.com time to read: +4 min

The Central Bank of Nigeria (CBN) says that the redesigned notes will replace notes currently in circulation by Jan. 2023. But many locals are not impressed, describing the supposedly redesigned banknotes as a mere color revamp, given their similarities to the old notes. “Snapchat filter, waste of time and resources, so a whole CBN cannot employ experts to redesign the naira notes. The Nigerian leader added that replacing the current currency with the redesigned notes will help to combat the hoarding of funds outside of the banking system. Old naira notes will be completely phased away by the end of January next year, the CBN says, as locals scramble to deposit their old notes at commercial banks.

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