Good morning, readers! This is a summary of some top news stories
1-.The reality of the news that the price of Premium Motor Spirit (PMS), otherwise known as petrol is now hovering between N160 to N162 per litre dawned on Nigerians on Thursday morning, after filling stations and independent marketers adjusted their retail pump price from N148. The Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) informed marketers and stakeholders of the new adjustment to the ex-depot price on Wednesday.
2-.Two candidates have emerged as winners in the All Progressives Congress (APC) Primary election for the Imo North Senatorial District by-election. The elections conducted by two factions of the party were across the six local government areas and 64 wards, through the direct mode of primaries on Thursday. The parallel results after the conduct of the exercise produced Ifeanyi Ararume as the winner of one of the APC factions scoring 22,944 votes, while Frank Ibezim emerged winner of the other APC faction with 13,637 votes.
3-.The Minority Caucus in the House of Representatives has rejected the reported increase in the pump price of fuel from N148 to N151.56. Minority Leader of the House, Ndidu Elumelu, made the position of the lawmakers known in a statement on Wednesday. He described the announced price as unacceptable, saying it would result in an increase in the already high cost of consumer goods and services, as well as worsen the current economic hardship being suffered by Nigerians.
4-.Facebook says it will ban political advertising the week before the US election, one of its most sweeping moves against disinformation yet as CEO Mark Zuckerberg warned of a “risk of civil unrest” after the vote. The social media giant also vowed to fact check any premature claims of victory, stating that if a candidate tries to declare himself the winner before final votes are tallied “we’ll add a label to their posts directing people to the official results.” And it promised to “add an informational label” to any content seeking to delegitimize the results or claim that “lawful voting methods” will lead to fraud.
5-.Former French president Nicolas Sarkozy will stand trial in March on charges of campaign finance violations during his failed 2012 re-election bid, prosecutors said Thursday. Sarkozy, who already faces a separate trial for corruption involving a judge, is accused of spending nearly double the legal campaign spending limit of 22.5 million euros ($26.6 million). The trial was ordered last year after his lawyers failed with legal manoeuvres to avoid prosecution. If convicted he risks a one-year prison sentence.
6-.Spanish striker Diego Costa and Colombian defender Santiago Arias have both tested positive for Covid-19, their club Atletico Madrid said Thursday. Before the resumption of training on Friday, the entire first-team squad underwent tests except for Costa and Arias.
7-.England men’s and women’s senior players have been paid the same match fee for representing their country since January 2020, the Football Association confirmed on Thursday. Brazil on Wednesday joined Australia, Norway and New Zealand on the list of football associations who had publicly committed to paying their men and women players the same amount for earning a senior cap.
8-.The demand for goods and services from China is still on the high as the Asian country tops the list of import trading partners by 31.41% in the second quarter of 2020, the latest data from Nigeria’s statistics agency shows. This is despite the sharp fall in the value of the country’s total trade to N6.24 billion, representing 27.30% in Q2, against the 27.46% level recorded in the corresponding quarter, and 27.46% year-on-year
9-.The Central Bank of Nigeria has said that it will resume sales of foreign exchange to operators of Bureau de Change (BDCs) from Monday, September 7, 2020. According to a statement from the apex bank on Wednesday, the decision to inject liquidity into the FOREX market is crucial to boosting the naira against the dollar.
10-.Zimbabwe wildlife authorities on Thursday said they suspect ten more elephants succumbed to a bacterial infection that killed 12 young pachyderms last week. The latest carcasses were discovered on Tuesday and Wednesday near the northwestern Pandamasuwe Forest, where the previous 12 were found.