Warren Buffett donates $3.4 billion to five charities

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Warren Buffett has donated roughly 3.4 billion dollars of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his longstanding plan to give away his fortune. Buffett’s 13th annual donation comprised about 17.7 million Class “B” shares of Berkshire, valued at 192 dollars each as of Monday’s market close. The largest block went to the Bill & Melinda Gates Foundation. Buffett’s own foundation, named for his late first wife Susan, and charities run by his children Howard, Susan and Peter received the rest. Buffett, 87, has since…

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Nigeria to host 2021 WAFU Cup of Nations

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Nigeria have been confirmed as the hosts of the 2021 edition of the WAFU Cup of Nations. According to a report, Nigeria will host the third edition of the competition in September 2021. Senegal will stage the second edition of the competition in September, 2019. The first WAFU tournament, hosted by Fox Sports, was held in September 2017 and saw the host nation Ghana crowned champions in what was a very successful event. The Black Stars defeated Nigeria 4-1 in the final. The West African Union is made up of…

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Ekiti guber: Kayode Fayemi promises workers better welfare

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The Ekiti State governor-elect, Dr Kayode Fayemi, on Sunday assured all the workers in the state that his administration would make their welfare a top priority and not pay lip service to it. Fayemi gave the assurance at a news conference held at the party’s secretariat in Ado-Ekiti. He promised to pay all outstanding salaries and assured the civil servants that their subsequent salaries would be paid as and when due. He also promised to turn around the fortunes of Ekiti and set a standard for other governors in the…

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Ayodele Fayose: In the end, a high-powered nothing

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The people of the politically significant State of Ekiti have spoken against their Governor, outgoing governor, Mr. Ayodele Fayose, who told them that the governorship election they just had was a referendum on President Muhammadu Buhari. He said candidates Kayode Fayemi and Olusola Eleka were pawns and that he and President Buhari were the actual contestants. In what observers said was the most intense, and a most angry campaign, the people gave their verdict: Dr. Kayode Fayemi, the one-time governor, declared persona-non-grata is now persona-grata again. President Buhari has won…

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Haiti premier resigns after days of protests

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Jack Guy Lafontant, Haiti’s embattled prime minister, has announced his resignation following days of violent protests sparked by a now-abandoned plan to raise fuel prices. “I submitted my resignation to the president of the republic”, who has “accepted my resignation”, Lafontant said on Saturday in the lower house of Haiti’s legislature. Haiti’s parliament was debating a vote of no-confidence against Lafontant. The unrest started after the government unveiled a proposal to remove fuel subsidies which in turn would have hiked fuel prices: 38 percent for gasoline, 47 percent for diesel…

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APC moves to sack heads of federal agencies loyal to opposition

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The governing All Progressives Congress (APC) has commenced the profiling of opposition members currently heading various agencies and parastatals of the Federal Government as it pushes through a recent threat to sack remnants of PDP members still holding plum jobs in the administration of President Muhammadu Buhari. Recall that Comrade Adams Oshiomhole, National Chairman of the APC, had threatened to unmask and call for the sack of all PDP members who were still holding political appointments in the administration despite the change of government in 2015. In what appears a…

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Keeping father’s protest torch lit, Femi Kuti sees hope

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Femi Kuti has spent his life railing in song against the ills holding back Africa. But these days he is feeling some optimism. The 56-year-old carries forward the legacy of his legendary father, Afrobeat music pioneer Fela Kuti, whose searing attacks on government corruption and incompetence made him a scourge of Nigeria’s former military leaders. Fela’s nightclub, the New Afrika Shrine, became a visible target of authorities eager to suppress dissent but earlier this month it received a very establishment guest, French President Emmanuel Macron, who took off his jacket…

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APC’s Kayode Fayemi wins Ekiti guber poll

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Governorship candidate of the All Progressives Congress (APC) in the Saturday July 14, 2018 governorship poll, Dr. Kayode Fayemi, has won the keenly contested exercise with close margin. He won in 12 out of the 16 local government areas of the state, to defeat the governorship candidate of the Peoples Democratic Party (PDP), Prof Kolapo Olusola, who won in four local government areas. The other candidates were far behind the two leading candidates. The APC defeated PDP in Ilejemeje Local Government after it polled 4,153 and PDP scored 3,937 votes.…

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France show class in becoming new World Champions

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France lived up to their promise on Sunday in Moscow by winning their second FIFA World Cup title with a 4-2 defeat of Croatia in the 2018 edition’s final match. The 1998 winners were one of the favourites from the onset, but not all favourites reached this stage, and they were up against a pre-tournament underdog in the final match. But, Croatia’s path to this Luzhniki Stadium was strewn with the scalps of many favourites, such as Argentina, Russia and England and they needed respect. However, France did not fail…

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China’s economy slows down in Q2

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Chinese growth slowed slightly in the second quarter as the world’s number two economy faced a snowballing trade fight with the United States. The economy expanded by 6.7 percent in April-June, down from 6.8 percent in the first quarter and in line with a 6.7 percent rate tipped in an AFP survey of economists. Despite the quarterly deceleration, growth was still higher than the annual target of around 6.5 percent set by the government. China faced an “extremely complex environment both at home and abroad”, said Mao Shengyong, a spokesman…

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