Connect with us

News

Democrats Take Over Congress In US Midterm Election

Published

on

Democrats seized control of the lower house of Congress in midterm elections Tuesday, dealing a stern rebuke to Donald Trump almost two years into his polarizing, rollercoaster presidency.

Fox and NBC television networks called the result in the US House of Representatives, while confirming expectations that Trump’s Republicans will retain control of the Senate.

The result upends the balance of power in Washington, where Trump has enjoyed an easy ride from Republican dominance of both houses of Congress since his shock election in 2016.

Democrats will now be able to block legislation and light a fire under Trump’s feet with investigations of his opaque finances and Russian interference in his 2016 election, and possibly push for impeachment.

The verdicts in the House and Senate were based on incomplete results as vote counting continued across the country and some states were still voting in a congressional election cast as an unofficial referendum on Trump.

Giddy predictions by Democrats of a so-called “blue wave” landslide in the House were still premature, even if a majority appeared guaranteed.

Trump was watching the results roll in from the White House, where he spent the day holed up with friends and family.

Americans voted enthusiastically, with long lines quickly forming at polling stations from New York to California and from Missouri to Georgia.

All 435 seats in the House of Representatives, 35 seats in the 100-member Senate and 36 governorships were up for grabs.

Democrats quickly made important gains in the House, but Republicans defended in crucial races, like incumbent Andy Barr of Kentucky, whose House seat had seemed at risk.

In the Senate, Republican Mike Braun snatched the seat from Democratic Senator Joe Donnelly, but corruption scandal-tainted Senator Bob Menendez saved his seat for the Democrats in New Jersey.

Pollsters, gun shy after getting their 2016 presidential prediction wrong, urged caution.

Trump had fought hard before polling day, crisscrossing the country to claim that Democrats would introduce socialism and making incendiary attacks on illegal immigration that opponents denounced as racist.

Even so, Democrats were highly confident, with Nancy Pelosi, the party’s top leader in the House, saying “it’s just a question of the size of the victory.”

Former vice president Joe Biden, often touted as a possible Democratic candidate to take on Trump in 2020, said he’d have been “dumbfounded” not to win the House.

Results were to continue trickling in through the night, with the last polls closing in Alaska at 0600 GMT Wednesday.

News

Access Bank Appoints Uche Orji as Independent Non-Executive Director

Published

on

Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

Continue Reading

News

Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

Published

on

Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

Continue Reading

News

EFCC Tasks Corps Members on Corruption

Published

on

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

Continue Reading

Trending

Copyright © 2021 All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from August24news.com
This Website is designed and Managed by: August 24 Communications Nigerian Limited (RC: 798585)