Author: damazah@gmail.com

Kayode Tokede Billionaire investor,  Mr. Olufemi Otedola, has acquired additional N222.21  billion worth of First Holdco Plc shares on the Nigerian Exchange Limited (NGX). According to a disclosure on the Exchange yesterday, the chairman of First Holdco acquired further 1,779,094,976 shares of the group at N124.90 per share.  The transaction on the NGX takes Otedola‘s position to 11,763,018,192 shares from 9,277,792,037 as of June 30 2026 unaudited results, making him the largest shareholder of the oldest financial institution in Nigeria. The purchase also carries a consequence beyond its size. Nigerian takeover rules oblige a shareholder crossing 30 per cent of…

Everyone knows that great gimmicks are the key to hiring top developers for your startup. That’s why small AI startup LemonLime—which “optimizes your existing data to work with AI”—has so many of them. Want a job interview? Score a perfect 7/7 on the company’s own “Is it a Lemon or a Lime?” game. Or—hear me out—get something permanently tattooed on your flesh. LemonLime has tried both tactics in the past few weeks. The tattoo stunt generated the most publicity, of course, much of it negative. According to a writeup in Inc., seven people took the deal and got tattooed with…

Andy Burnham was told he could face the first revolt of his premiership as Labour MPs and climate experts condemned his apparent support for renewed drilling for oil and gas.As the UK suffers through drought, fires and heatwaves, the prime minister gave the strongest indication yet on Friday he was minded to allow new drilling. His comments came just hours before the UN secretary-general warned “every new fossil fuel project” made heatwaves more dangerous.Speaking at a community centre in Sheffield on Friday, Burnham repeated he would be “pragmatic” about oil and gas and that decisions on new drilling would be…

Calcareous marine plankton can indicate past and present ocean acidification

By Adegboyega Adeleye Chelsea winger Mykhailo Mudryk has described the last 20 months as “the most difficult period” of his career after the Court of Arbitration for Sport (CAS) cleared him to resume playing with immediate effect, bringing an end to his long-running anti-doping case. The 25-year-old made the remarks in a statement shared on his Instagram handle after CAS partially upheld his appeal against a four-year ban, allowing him to return to competitive football. The ruling followed an agreement between Mudryk, the Football Association, and the World Anti-Doping Agency (WADA). Earlier on Friday, the BBC reported that Chelsea are…

MNI versus MNIPR in NIPSS deserves attention beyond the institution at its centre. It is a case study in how institutional bullying operates in Nigerian professional life — through intimidation disguised as discipline, through hierarchy mistaken for superiority, and through the expectation that those who are wronged will remain silent. We often assume adulthood comes with an automatic claim to dignity. After years of education, professional growth and personal achievement, we expect institutions to treat adults as reasoning beings capable of dialogue, disagreement and independent judgment. Yet after reading Yushau A. Shuaib’s MNI versus MNIPR in NIPSS: Tackling Institutional Bullying,…

The Tanimu Turaki-led Interim National Working Committee (INWC) of the Peoples Democratic Party (PDP) says it has submitted the names of its presidential candidate, Goodluck Jonathan, manually to the Independent National Electoral Commission (INEC) ahead of the 2027 general elections. The National Publicity Secretary of the faction, Ini Ememobong, said at a news conference in Abuja on Thursday that, in addition to Mr Jonathan, its presidential candidate, the faction also submitted the names of other flag bearers to INEC. Mr Ememobong said the names were submitted manually following the inability of the faction to have access to INEC’s digital portal. He said the names also submitted were…

The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of ₦535 billion in June 2026, while its crude oil and condensate production rose to 1.72 million barrels per day, the company’s latest monthly report stated. The profit figure recorded is ₦73 billion (15.8 per cent) higher than the ₦462 billion posted in May. According to the company’s Monthly Report Summary published on Friday, NNPC generated ₦4.389 trillion in revenue during the month and made statutory payments of ₦6.286 trillion between January and June. A review of the report’s graphical representation indicated that crude oil and condensate…

Syrian lawyer Nouha al-Masri is seeking justice for her brother, who died in the 2011 Daraa crackdown that sparked Syria’s uprising. She’s a prosecutor in the trial of ex-Assad official Atef Najib, who’s accused of murder, torture and responsibility for massacres. Al Jazeera’s Hannah Raslan reports from Damascus.Published On 31 Jul 202631 Jul 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

Leopold AschenbrennerPhoto: Josh EdelsonTwo years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly.In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super intelligence.But this week, the limits of Aschenbrenner’s vision were on display when the AI-themed hedge fund he runs — named Situational Awareness, also the title of his viral June 2024 manifesto — ran into the harsh reality of tumbling semiconductor stocks and Wall Street margin calls.At its peak…