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Instablog9ja
Man Who Went Missing Due To The Flood In Maiduguri Reportedly Found D3ad Hours Later
~0.2 mins read

A man who went missing due to the flood in Maiduguri has reportedly been found d3ad hours later.

The man was last seen yesterday afternoon wearing blue Jallabiya behind Lagos house.

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Investopedia
McDonald's $5 Value Meal Is Sticking Around
~0.9 mins read

McDonald's (MCD) said its “Summer of Value” is extending into fall.

The golden arches are keeping in place the popular $5 value meal promotion—it comes with a McDouble or McChicken sandwich, drink, french fries and a 10-piece McNuggets—into December.

The offering was expected to run for just four weeks following its June 25 launch, but many locations kept it going into August. A memo from Chief Marketing Officer Tariq Hassan and National Field President Myra Doria in July said the promotion “is meeting the objective of driving guests back to our restaurants," according to .

McDonald’s second-quarter results, reported in July, missed expectations, but the company said it has seen sales growth among lower-income consumers during the value meal's cycle. Other food chains have launched similar deals, seeking to get inflation-weary diners in the door with options emphasizing value.

Shares of McDonalds were little changed Thursday. They're up about 15% since the $5 meal promotion launched, and down slightly for the year.

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Gistlegit
IGP Bans State Security Network From Participating In Election
~1.5 mins read
 
IGP Bans Edo State Security Network from Participating in September 21 Governorship Election
 
The Inspector-General of Police (IGP), Kayode Egbetokun, has issued a directive prohibiting the Edo State Security Network (ESSN) from participating in the upcoming governorship election scheduled for September 21, 2024. The announcement was made during a stakeholders' meeting organized by the Independent National Electoral Commission (INEC) in Benin, Edo State.
 
In his address, the IGP emphasized that the responsibility for maintaining law and order during the election would be placed solely on the Nigeria Police Force, with support from other national security agencies. He underscored that no private or state-run security outfits would be permitted to operate during or after the election.
 
Egbetokun also stated that security aides assigned to high-profile individuals (VIPs) would be temporarily withdrawn for the duration of the election. He highlighted several election-related offenses, warning that anyone found in violation of these laws would face severe legal consequences. 
 
"We will strictly enforce the Electoral Act and all other relevant laws to ensure a peaceful and orderly election. No acts of hooliganism, violence, or possession of weapons will be tolerated. Anyone caught will be charged accordingly," Egbetokun warned.
 
Speaking on voter security, the IGP assured the public that the police, along with other national security agencies, are fully prepared to ensure that the election is conducted in a secure and peaceful environment.
 
Adding to the discussion, the Chairman of INEC, Prof. Mahmood Yakubu, informed stakeholders that efforts were being made to distribute uncollected Permanent Voter Cards (PVCs) across Edo State. He stated that the commission had initiated the collection process in all 18 local government areas in preparation for the election.
 
Prof. Yakubu reaffirmed INEC's commitment to conducting a free, fair, and credible election, urging eligible voters to pick up their PVCs and participate in the democratic process.
 
The upcoming Edo State governorship election has drawn significant attention, and security remains a top priority for both INEC and law enforcement agencies as they work to ensure a smooth electoral process.
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Instablog9ja
I’m Tired Of Taking A Salary For Doing Nothing — Islamic Singer Ibraheem Labaeka Resigns As Kwara Governor’s Special Assistant
~0.9 mins read

Islamic singer Ibraheem Labaeka had resigns as Kwara Governor’s Special Assistant.

He said he is tired of taking a salary for doing nothing .

He added Having served in this capacity for a period of 1 year and 7 months. wish to respectfully tender my resignation.

Your Excellency, as you may recall, I was offered an appointment to serve as your Special Assistant. Artist, on 6th January 2023. I accepted the offer because I saw it as a call to service and an opportunity to showcase my talents. Regrettably. I have not been able to achieve any of these things. Aside from the fact that I don’t have a specific schedule of duty, circumstances have not availed me the opportunity to perform my responsibilities maximally.

Therefore, since my appointment is based on public trust. I cannot continue to break that trust by taking a salary for doing nothing.

As an Islamic cleric, it is against my beliefs, and I haven’t been at peace with myself. So. I want my salary to be stopped immediately.

I am grateful for the confidence reposed in me, and I hope that one day. I will be abie to fully utilize my talents for the development of our state.

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Investopedia
5 Things To Know Before The Stock Market Opens
~2.3 mins read

Investors will be focused on whether Adobe (ADBE) can keep its artificial intelligence (AI)-driven momentum when the software maker reports after the bell; August wholesale prices are due; SpaceX Polaris Dawn mission completes first commercial spacewalk; Norfolk Southern (NSC) fires Chief Executive Officer (CEO) Alan Shaw over a relationship with its legal chief; and China weakness sent global oil demand growth in the first half of the year to its lowest since the pandemic, the IEA says. U.S. stock futures are edging higher after major indexes surged Wednesday on a rally by Nvidia (NVDA). Here's what investors need to know today.

Adobe (ADBE) is expected by analysts to post rising third-quarter revenue and earnings from the year-ago period when it reports results after the bell, partly fueled by demand for artificial intelligence (AI). Analysts are projecting quarterly revenue of $5.37 billion, up 10% year-over-year, and profit of $1.57 billion, up 12%, according to estimates compiled by Visible Alpha. The company could also provide updates on its AI integration and monetization efforts.

The Producer Price Index (PPI) for August is due at 8:30 a.m. ET, likely reinforcing investor expectations of an interest-rate cut by the Federal Reserve at its meeting next week. Sticky rents, even as overall consumer inflation cooled in August, has dampened expectations of an aggressive cut by the Fed. Economists surveyed by and expect wholesale prices to have grown monthly by 0.2% in August, up from 0.1% in July, while "core" PPI—which excludes volatile food and energy prices—is also seen having grown by 0.2%, down from 0.3% last month.

The astronauts on board the Polaris Dawn flight from SpaceX that launched earlier this week spent time outside of their spacecraft Thursday morning, the first commercial spacewalk. The four-person crew is in the midst of a five-day orbit after launching Tuesday morning, and the company has said the group is orbiting higher above the Earth than any space exploration missions since the Apollo missions decades ago.

Norfolk Southern (NSC) fired CEO Alan Shaw over a relationship with the railroad freight firm's top legal officer. The company had been investigating allegations of misconduct against Shaw, and said Wednesday he had been fired because it found he broke company policies "by engaging in a consensual relationship" with Chief Legal Officer Nabanita Nag, who also has been let go. Shaw, who was terminated "for cause, effective immediately," will be succeeded by Chief Financial Officer (CFO) Mark George. 

Global oil demand in the first half of the year grew at the slowest level since 2020, when the COVID-19 pandemic struck, according to the latest monthly report from the International Energy Agency (IEA). The Paris-based organization attributed the slump to a "rapidly slowing China" and the country's transition to electric vehicles (EVs), adding that demand outside China remains "tepid at best." Crude oil futures have been hit recently as OPEC—a dominant coalition of oil-producing nations—cut back on its demand outlook and growth projections, and the IEA warned that OPEC and its allies "may be staring at a substantial surplus."

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Gistlegit
APC Campaign Council Accuses Obaseki Of Planning Protests To Disrupt Edo Elections
~1.1 mins read


APC Campaign Council Accuses Governor Obaseki of alledgedly Orchestrating Mass Protests to Disrupt Edo Elections
 
 
The Edo State Governorship All Progressives Congress (APC) Campaign Council has raised serious allegations against Governor Godwin Obaseki, accusing him of orchestrating mass protests to disrupt the state and the upcoming election. According to a statement by Prince Kassim Afegbua, the Director of Media for the campaign council, these protests are allegedly planned for sometime in September before the Elections 
 
The statement claims that Obaseki outlined these plans during a meeting at the Edo State Government House in Benin City on September 8, 2024. Afegbua further alleged that individuals connected to the killing of Inspector Akor Onu, who have yet to surrender to the police, were involved in this meeting. Additionally, the statement accuses an Assistant Commissioner of Police of shielding these individuals and collaborating with Obaseki's Chief Security Officer to obstruct law enforcement efforts.


Moreover, the APC Campaign Council highlighted the arrest of seven APC members and three PDP members by the Commander of the 4th Brigade at Inikorogha last week. According to the council, while the PDP members were released immediately, the APC members remained detained until their legal team intervened.
 
The statement also claims that Obaseki is encouraging other PDP-governed states to delay school resumption as part of a coordinated protest against the APC-led Federal Government. The APC Campaign Council has called on security agencies, particularly the Inspector General of Police, to take immediate action to prevent a breakdown of law and order in light of the forthcoming Edo governorship election.
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