Facebook founder Mark Zuckerberg has apologised to European Parliament lawmakers for its role in the Cambridge Analytica scandal and for allowing fake news to proliferate on its platform. Cambridge Analytica, which denies any wrongdoing, is accused of acquiring data from 87 million Facebook profiles for use in political campaigns. In opening remarks, shared ahead of the hearing, Mr Zuckerberg apologised for Facebook’s tools being used “for harm”. “That was a mistake,” he added. Mr Zuckerberg has been criticised for not taking enough care over how third-parties such as the political…
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FBNQuest receives awards for impactful deals
Investment banking and asset management subsidiary of FBN Holdings Plc, FBNQuest Merchant Bank, has received accolades from global financial and capital market awarding institutions in recognition of the impact and size of transactions delivered by the Investment Banking business in 2017. The firm has won five awards in various categories of the EMEAFinance Achievement Awards, including ‘Best Local Currency Bond House’ and ‘Best Social Development Bond’ for its role in Mixta Real Estate’s $4.5b Senior Guaranteed Fixed Rate Bonds; Most Innovative Naira Bond for the US$300m Inaugural SEC-Registered Diaspora Bond;…
Read More15 revenue-generating agencies looted N8.1trn under Jonathan – Lai Mohammed
An allegation has been made by Minister for Information, Alhaji Lai Mohammed, that 15 revenue generating agencies of the federal government failed to remit N8.1 trillion to the Federation Account between 2010 and 2015. The minister made the allegation on Monday in Osogbo, Osun State, while commissioning the Channelization, De-silting, Flood Control and Development of Okoko and Ogbagba Rivers, phases one and two, on behalf of President Muhammadu Buhari. He said the discovery by the auditing firm KPMG is many times worse than the N1.34 trillion carted away by 55…
Read More100 Secondary Students Trafficked To Libya From Edo State
No fewer than 100 students of Idogbo Secondary School, Benin, have been trafficked to Libya in the last four months. This was disclosed in Benin on Sunday during an advocacy programme by the Senior Special Assistant to Gov Godwin Obaseki on Human trafficking and illegal migration, Mr Solomon Okoduwa. Okoduwa said this fact was disclosed to him by some teachers in the school, concerned about how the institution has become the harvesting ground for traffickers. Okoduwa said government will not allow the evil to continue to thrive in the state.…
Read MoreGunmen invade Nasarawa, Kaduna, abduct women
Gunmen have reportedly launched fresh attack at the weekend on Umaisha, headquarters of Opanda chiefdom, in Toto council area of Nasarawa State, killing scores and burning down many homes. The national president and secretary of Egbura National Development Association (ENDA), Professors Ibrahim Aguye, and Yusuf Aboki, at a press briefing yesterday in Lafia, said the incident occurred in a broad daylight shortly after the indigenes commenced their prayers. According to them, “apart from Ugya which has experienced sustained attacks by suspected Bassa indigenes in the surrounding villages of Kolo, Katakpa…
Read MoreNCEF accuses CAN of corruption
National Christian Elders Forum, NCEF, is accusing the leadership of the Christian Association of Nigeria (CAN) of corruption and abuse of office. The forum alleged that the leadership of the umbrella organisation for Christians in Nigeria collected N25 million or N40 million from the Presidency during a visit to President Muhammadu Buhari, criticising the action and calling for sanction. It also alleged that the CAN leadership bought official vehicles at questionable prices. The CAN President, Rev. (Dr) Samson Olasupo Ayokunle, dismissed the allegations, branding them as “a catalogue of lies”…
Read MorePrince Harry marries Meghan Markle
Prince Harry, now Duke of Sussex, married his American beau, actress Meghan Markle on Saturday in St George’s Chapel at Windsor Castle. The ceremony capped a week-long frenzy that engulfed the whole of England and the rest of world. Thousands of people, who travelled from far and near, camped on the open grounds of the Long Walk, the Carriage Procession route, outside the Windsor Castle ahead of the Big Day, just to catch a glimpse of their beloved Prince Harry and Meghan Markle. The mixed multitude had white faces, blacks…
Read MoreHazard Penalty Gives Chelsea FA Cup Final Victory Over Man Utd
Eden Hazard’s first-half penalty decided the FA Cup final in Chelsea’s favour at Wembley to leave Jose Mourinho and Manchester United empty-handed this season. Hazard – in a moment which did not bode well for the World Cup meeting between England and Belgium in Russia in June – twisted and tore past Phil Jones before drawing a clumsy foul from the United defender after 22 minutes. He calmly dispatched the penalty which was to prove to be the decisive moment in a final that was hard fought rather than distinguished.…
Read MoreCannabis reduces seizures in patients with severe epilepsy -Study
A new study has revealed that Cannabidiol (CBD), a compound derived from the cannabis plant that does not produce a “high” and has been an increasing focus of medical research, significantly reduce the number of dangerous seizures in patients with a severe form of epilepsy called Lennox-Gastaut syndrome. In the new study comparing two doses of CBD to a placebo, the researchers reported a 41.9 percent reduction in “drop seizures” — a type of seizure that results in severe loss of muscle control and balance — in patients taking a…
Read MoreI Stopped Visiting My Family When I Was Asked To Quit Music –mr. Real
Street hop crooner ‘Legbegbe’ Mr. Real,revealed that the road to stardom was not rosy. He further disclosed that his family members advised him against pursuing a career in music. He said, “I have been doing music for over 10 years now. But you know in life when it is not your time, there is nothing you can do about it. All this while, I have been working and waiting on God for a breakthrough. Once God says it is your time to shine, no man on earth can stop you…
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