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A Nigerian couple is seeking answers after their baby was severely inj¥red at a daycare center in Okota, Lagos.

The dad, who shared graphic images of the baby’s face covered in br¥ises, told activist Harrison Gwamnishu that the child was att@cked on his first day at daycare.

“The owner of the school said another child did this to him, but doctors said it was an animal.

The woman doesn’t want to tell us the truth about what happened to our baby.

We have gone to the police, but she is using her money to cover it up because she is a wealthy woman. Please help us,” he said.

NB: We can’t post the GRAPHIC Images due to IG community guidelines. However, you can click the link in our bio to watch the video.

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Edo State governor, Godwin Obaseki, has announced an indefinite postponement of the resumption of all schools in the state due to the recent increase in fuel prices.

This was disclosed in a memo issued by the Permanent Secretary of the Ministry of Education, Ojo Akin-Longe, on Saturday, September 7.

“The Edo State Government hereby announces that the resumption of all public and private schools in Edo State, initially scheduled for Monday, September 9, 2024, has been postponed until further notice

This decision has been made in response to the rising tension and challenges resulting from the recent fuel price increase,” the memo reads.

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The Nigeria Labour Congress (NLC) has stated that Nigerians may end up buying petrol at N5000 per litre.

NLC’s spokesperson, Benson Upah disclosed this in an interview with Daily Trust on Saturday, September 7.

Accto him, “We are planning to have a meeting with the appropriate organs of the Nigerian Labour Congress (NLC). Those organs will take the decisions. We will take decisions that we believe would be in the best interest of our members and possibly, this country.

“Nonetheless, the mood, I can tell you, is that of anger and I want to say that it is not only within the Nigerian Labour Congress that you have anger. Virtually every Nigerian is angry, except that first one per cent that is maintained by the state. You know, that one per cent has everything; we give them everything, those are the only ones who are not complaining. Every other Nigerian is complaining. So, our mood is reflective of the general mood of the country.

“After the announcement, the next day, a Senior Special Assistant to the President on Print Media, Mr Abdulaziz Abdulaziz, said we were lying and there was no agreement. We want to reiterate that we feel betrayed by the present increase in the pump price of petroleum products.

The president acted in breach of his promise to labour leaders and he knows the truth. But let us even look at this matter; what has happened goes beyond the parameters of minimum wage and negotiation. It negatively affects the generality of Nigerians. Since the first wave of price increase, occasioned by the removal of fuel subsidy on May 29, 2023, Nigerians have been trying to reorder their lives to accept the fate they never bargained for. [SWIPE]

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The Sokoto state government has clarified that the sum of N1.2 billion was spent on drilling not renovating solar powered boreholes as reported earlier.

While paying a thank-you visit to Wurno local government area, Governor Ahmed Aliyu was earlier reported to have said N1.2 billion was spent on renovating 25 boreholes in the area.

However, clarifying the issue in a statement, Abubakar Bawa, the governor’s spokesman, explained: “The attention of the Sokoto State Government has been drawn to a misconception being circulated about its interventions in providing potable drinking water to the rural dwellers through sinking of boreholes across the state.

In the misconception, which the enemies of progress are spreading, it was said the Sokoto State Government spent N1.2 billion to renovate boreholes in some areas of Wurno Local Government.

The fact of the matter is that the state government, in collaboration with the World Bank, under the ACReSAL programme drilled 25 boreholes domiciled in Munki, Marnona, Dinawa, Lugu and Wurno, perimeter fencing as well as a 40-kilometer shelter belt, all at the cost of N 1.2 billion.

As against the insinuation that it was the renovation of the 25 boreholes that gulped N 1.2 billion, the fact is that, it is actually the drilling of 25 nos solar-powered boreholes and other projects that gulped the said amount and not the renovation. [SWIPE]

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Broadcom (AVGO) shares tumbled Friday after the company’s outlook disappointed investors, but analysts were broadly bullish on the stock, suggesting that its recent losses could present an opportunity to buy the dip.

“One bump doesn't make a trend,” Jefferies analysts wrote in a note published following the results. “Guidance came in a bit lighter than expected, but management has been messaging lumpiness in AI revenue and growth is set to reaccelerate" in the fourth quarter.

“We believe the story is well-positioned into next year, and would buy any weakness," they wrote.

Broadcom stock fell about 10% on Friday, leaving it up more than 20% for the year. The latest move, after the company reported results late yesterday, in some ways resembled investors' reaction to Nvidia's (NVDA) latest quarterly numbers, which may have disappointed those looking for even more upbeat signals.

Bank of America analysts called Broadcom a “top compute pick,” citing the chipmaker's potential for growth driven by surging artificial intelligence demand.

“We continue to see [Broadcom] as a high-quality tale of transformation, from a mid-single digit growth to a mid-teens growth company driven by [a] shift to growthier AI and VMWare segments,” the analysts said. 

Bank of America, Jefferies, and every other analyst covering Broadcom tracked by Visible Alpha held a "buy" or equivalent rating for the stock, with a consensus price target of $193.42 suggesting about 40% upside from Friday's close.

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