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Kemi Akindoju Announces First Co-Executive Produced Feature Film

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Nollywood star actress Kemi Lala Akindoju is set to co-executive produce her first feature film.

Akindoju confirmed the exciting news via Twitter on Tuesday, May 4, 2021. She wrote: “Co-executive produced my first feature. Not an easy feat, but I won’t have it any other way. Y’all will soon see “The Make It Happen Productions” on your screens. I’m actually tickled.” The actress did not share more details on the forthcoming project.

Prior to her announcement, the actress who recently welcomed a son with husband Chef Fregz, has worked on several projects as casting director and producer. Her latest project as a casting director is the Arie Esiri and Chuko Esiri directed ‘Eyimofe’ which recently premiered in cinemas.

Nigeria’s visa policy worth emulation in Africa, says Tanzanian envoy

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The new Nigeria Visa Policy 2020 (NVP 2020) is worthy of emulation in Africa.
Dr Benson Bana, Tanzanian High Commissioner to Nigeria, said this known on the sidelines of the Tanzania-Nigeria Tourism, Investment and Trade (TN-TIT) forum, on Tuesday in Abuja.

He noted that the aim is was to copy what works for Nigeria and fit such into the context of Tanzania. The envoy disclosed that the Tanzanian government has set up a team to study Nigeria’s visa policy, with a view to revising it in that country.

The News Agency of Nigeria (NAN) on Feb. 4, 2020, President Muhammadu Buhari, officially launched the NVP 2020 as the new guidelines for entry and exit of migrants.

The NVP 2020 is geared towards attainment of the Federal Government’s Economic Recovery and Growth Plan (ERGP) and adoption of Security, Economy, and Transparency (SET) as the government’s policy thrust on ERGP.

Bloomberg Remove Bill Gates From Billionaire List After Divorce

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Bloomberg has yanked Bill Gates, co-Founder of Microsoft, off its billionaire list. The highly respected business platform took the action shortly after the news

Bloomberg has yanked Bill Gates, co-Founder of Microsoft, off its billionaire list.

The highly respected business platform took the action shortly after the news of Gates divorce to his wife of 27 years, went viral.

Bill and Melinda announced their decision to go separate ways on Monday night, seeking privacy.

VERIZON SELLS OFF AOL AND YAHOO FOR $5BILLION

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Verizon has sold off its media group properties to apollo global management, the parent company of the venetian resort and casino.

The sale was reportedly at a loss for verizon who acquired AOL and yahoo! in 2015 and 2017 respectively for nearly $9billion combined but sold them both for $5billion.

However, verizon remains with 10% stake in the media group.

Guru Gowrappan, who will stay on as chief executive of the media company, says the transaction allows Verizon to focus on long-term growth.

“We are excited to be joining forces with Apollo,” Gowrappan said in the release. “The past two quarters of double-digit growth have demonstrated our ability to transform our media ecosystem. With Apollo’s sector expertise and strategic insight, Yahoo will be well positioned to capitalize on market opportunities, media and transaction experience and continue to grow our full stack digital advertising platform”.

Even though players like Google and Facebook have since surpassed Yahoo and AOL, they still include such assets as Yahoo News, Yahoo Finance and AOL’s TechCrunch and Engadget under their belt. Also going for them, is Verizon’s hold on advertising technology which shapes user data into profit.

David Sambur, Apollo’s partner and co-head of private equity, said “Apollo has a long track record of investing in technology and media companies and we look forward to drawing on that experience to help Yahoo continue to thrive.”

DR Congo announces end to Ebola outbreak

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The Democratic Republic of Congo on Monday announced the end of a nearly three-month outbreak of Ebola that claimed six lives out of 12 known cases.

The outbreak, the DRC’s 12th since the disease was first identified in 1976, was rolled back thanks to a campaign to vaccinate hundreds of people, the new health minister Jean-Jacques Mbungani said.

The disease was first detected on February 7 in the eastern province of North Kivu, where a 22-month epidemic ended last June after inflicting a death toll of 2,287, the worst in the DRC’s history.

Mbungani urged the population to remain vigilant, and said surveillance teams will continue to work with the local health authorities to watch for any further cases.

A much-feared viral disease that can lead to internal bleeding and organ failure, Ebola killed some 11,000 people in West Africa between 2013 and 2016.

The DRC is also fighting the coronavirus pandemic, which has caused nearly 30,000 cases locally, of which 768 have been fatal.

Lebanon And Israel Resume Indirect Talks On Maritime Border

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Lebanon and Israel on Tuesday resumed indirect talks with U.S. mediation over their disputed maritime border after a nearly six-month pause.

Lebanon has sunk deeper into it economic and financial crisis that started in late 2019 which was a culmination of decades of corruption and mismanagement by the political class.

Resumption of talks comes after a new U.S. administration took over and Lebanon is eager to resolve the border dispute with Israel, paving the way for potential lucrative oil and gas deals.

Local media said the talks resumed at a U.N. post along the border known as Ras Naqoura, on the edge of the Lebanese border town of Naqoura. The Lebanese delegation will speak through U.N. and U.S. officials to the Israelis.

The U.S. has been mediating the issue for about a decade, but only late last year was a breakthrough reached on an agreement for a framework for U.S.-mediated talks.

In the second round of talks, the Lebanese delegation offered a new map that pushes for an additional 1,430 square kilometers (550 square miles) for Lebanon.

Already, American Ambassador John Desrocher, who serves as the U.S. mediator, arrived in Beirut Monday night to take part in the talks.

Israel and Lebanon have no diplomatic relations and are technically in a state of war. They each claim about 860 square kilometers of the Mediterranean Sea as being within their own exclusive economic zones.

Lebanon’s leadership is not united behind the army command’s decision regarding the extended area.

On the other hand, Israel already has developed a natural gas industry elsewhere in its economic waters, producing enough gas for domestic consumption and to export to Egypt and Jordan.

G7 Foreign Ministers Call For Solidarity To Tackle Global Threats

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G7 foreign ministers are meeting in London for their first face-to-face talks in over two years on Tuesday, with calls for urgent joined-up action to tackle the most pressing global threats.

China, Myanmar, Libya, Syria and Russia are all on the formal agenda as the ministers from the club of wealthy democracies prepare for a leaders’ meeting in Cornwall, southwest England, next month.

They are also set to discuss violence in Ethiopia, Iran and North Korea, Somalia, the Sahel and western Balkans, as part of pressing geopolitical issues that threaten democracy, freedoms and human rights.

Britain’s Foreign Secretary Dominic Raab met his US counterpart Secretary of State Antony Blinken on Monday with both pushing a firm line on the need for a more unified approach.

Raab said in a statement that he UK’s presidency of the G7 is an opportunity to bring together open, democratic societies and demonstrate much needed unity to face shared challenges and rising threats.

On the other hand, Blinken hammered home the need for a common stance, as he reaffirmed US commitment to the “international rules-based order” to tackle issues from climate change to post-pandemic recovery.

Blinken told a joint news conference with Raab on Monday evening that not a single one the challenges faced can be effectively met by any one country acting alone.

Ministers from the G7 will also meet counterparts from the European Union, as well as delegates from India, Australia, South Africa, South Korea and ASEAN chair Brunei.

France Rejects UK’s Post-Brexit Changes To Fishing Licenses

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France has called on the European Commission to intervene after rejecting Britain’s provisional changes to fishing licenses under the Brexit agreement, which would affect fishing rights in the Channel Islands.

France’s ministry for maritime affairs on Monday said it considered the new requirements put forth by the UK as “null and void” and called for a strict compliance on fisheries as negotiated under the Brexit agreement.

The Ministry stated that if the UK wants to introduce new provisions then it has to submit these to the European Commission, who then notifies them to enable dialogue.

The ministry added that at this stage, these new technical measures are not applicable to their fishermen as they stand.

On Friday, the UK published a list of 41 fishing vessels equipped with Vessel Monitoring Systems (VMS) and authorised to fish in waters around Jersey Island since Saturday.

The European Commission had been informed of the new provisions and was expected to dialogue with the UK to understand what the changes mean.

In the meantime, in a joint statement the regional fisheries committees of Brittany and Normandy have threatened “a suspension of all economic relations with Jersey, including the ferry link between Jersey and the Continent”.

US Economy To Grow At Fastest Rate Since 1980’s – Fed Chief

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The US economy is likely to expand by seven percent this year as it bounces back from the Covid-19 pandemic, its fastest rate since the early 1980s, according to a top official.

New York Fed President John Williams said it was a welcome progress after the toughest period for the economy in living memory and a winter when the pandemic was particularly severe.

Williams made the statements in a speech to be delivered to the Women in Housing and Finance annual conference, noting stronger employment growth would be needed to make the bounceback complete.

He warned against the tendency to “overreact” to price spikes caused by the unique circumstances of the recovering economy this year, while predicting inflation would return to the central bank’s two percent target in 2022.

While expressing optimism that the economy was now headed in the right direction, there is still a long way to go to achieve a robust and full economic recovery.

He credited the Fed’s stimulative policies, including interest rates near zero, with having “positive effects” on the economy, helping Americans to purchase homes and big-ticket goods.

Williams said he expects to see “real GDP increasing around seven percent this year,” calling it “welcome progress after the toughest period for the economy in living memory.”

Meanwhile, conditions so far are not enough for the Fed to alter policy, reiterating the decision of the central bank’s policy-setting Federal Open Markets Committee last week.

Hong Kong Leader Flags Fake News Laws Amid Media Freedom Worries

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Hong Kong is reportedly working on “fake news” legislation to tackle “misinformation, hatred and lies,” as worries grow over media freedoms in the global financial hub.

Speaking at her weekly news conference on Tuesday, Hong Kong leader Carrie Lam said government was researching “fake news”, but added she had no timetable for the legislation.

She said the fake news law needs a lot of research, especially on how overseas governments are tackling the trend of spreading inaccurate information, misinformation, hatred and lies on the social media.

Under Beijing’s directions, Hong Kong has taken a swift authoritarian turn after imposing a sweeping national security law in 2020, with a fresh drive for “patriotism” spilling into most aspects of life in the city.

Also, a major overhaul of public broadcaster RTHK, led by a newly appointed bureaucrat with no media experience, is widely perceived to signal government influence on journalism as they have other sectors, such as education.

A day before la’s comments,  RTHK reported the broadcaster would not renew the contract of its journalist Nabela Qoser, known for her tough questioning of Lam and other officials during mass 2019 anti-government protests. RTHK has also begun removing some of its archives from its Youtube and social media channels, prompting online activists to back up some of the content on blockchain platforms.