Nigerian President Buhari Signs Amended Banking Bill Into Law
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Nigerian President Muhammadu Buhari signed into law an amended banks and other financial institutions bill that seeks to improve loan recovery and the overall resilience of the country’s financial system, according to a presidency statement.
A key feature of the law is the introduction of “a credit tribunal to improve loan recovery and address the incidence of high non-performing loans within the financial system,” Garba Shehu, the president’s spokesman, said in the emailed statement.
The law also strengthens the regulatory institutions to improve their supervisory role while providing them with more tools to manage “failing institutions and systemic distress,” according to the statement.
Miami Marlins Hire Kim Ng as Baseball’s First Female GM
TheMiami Marlins have named Kim Ng as their general manager, making her the first woman to lead personnel operations for a major men’s U.S. sports team.
Ng has long been a candidate for a general manager job. She interviewed for the Los Angeles Dodgers position in 2005 and for the same role with the Seattle Mariners, San Diego Padres and San Francisco Giants since then.
With the Marlins, Ng will team up with Derek Jeter, the team’s chief executive officer. Ng was part of theNew York Yankees front office when Jeter was wearing pinstripes, serving as an assistant general manager. At the time, she was one of theyoungest executives in the sport’s history.
Ng has worked in Major League Baseball’s league office since 2011. At the Marlins, she replaces Michael Hill, who wasone of just two Black executives to lead a baseball operations department last season.
Spare a Thought for the Indies
Bob Eckstein is a cartoonist, co-author of “The Elements of Stress” and editor of “All’s Fair in Love & War: The Ultimate Cartoon Book.”
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Boris Johnson's top advisor Cummings quits immediately, reports say
- Dominic Cummings, the most powerful adviser to British Prime Minister Boris Johnson, has quit immediately after deciding not to stay in post until Christmas, reports said on Friday.
- Cummings left No. 10 Downing Street carrying a box, photos by a Reuters photographer showed.
Dominic Cummings, the most powerful adviser to British Prime Minister Boris Johnson, has quit immediately after deciding not to stay in post until Christmas, reports said on Friday.
"Dom Cummings has left No10 for good tonight, having decided not to stay until xmas," Times Radio Chief Political Commentator Tom Newton Dunn said on Twitter. The BBC and Sky News also later reported the same.
There was no immediate response to a request for comment from Johnson's office.
Cummings left No. 10 Downing Street carrying a box, photos by a Reuters photographer showed.
Ex-Wirecard Chief Markus Braun to Testify in German Parliament
Markus Braun, the former chief executive officer of Wirecard AG, will testify to a German parliamentary committee investigating accounting fraud at the company, one of the country’s biggest corporate scandals.
Braun is a prime suspect in the Munich criminal probe over Wirecard and has beenin jail since July. He’s asked lawmakers to question him by video instead of appearing in person at the Berlin hearings, a lawyer for Braun said. Braun is concerned about the risk of coronavirus infection.
Munich prosecutors are investigating the former executive over allegations that he and others conspired to obtain about 3.2 billion euros ($3.8 billion) in fraudulent loans while the company knew about massive losses as early as 2015.
Handelsblatt reported Braun’s decision to testify earlier on Friday.
Suspects in criminal probes have the right not to testify, and usually invoke that privilege when called by parliamentary committees while their cases are still pending. Braun’s questioning is scheduled for Nov. 19.
Libya talks set December 2021 date for elections
TUNIS (Reuters) – Libyan participants in political talks taking place in Tunis have set 24 December 2021 as the date for parliamentary and presidential elections, the acting U.N. Libya envoy Stephanie Williams said on Friday.
Trump Takes Credit For ‘Most Secure Election Ever’ But Says It Was ‘Rigged’
Donald Trump attempted to have it both ways Friday as far as election security is concerned.
The president was happy to take credit for holding an election that the Department of Homeland Security called the “most secure in American history” while still insisting it was “rigged.”
Yes. He seriously said that. Here’s the tweet.
“For years the Dems have been preaching how unsafe and rigged our elections have been. Now they are saying what a wonderful job the Trump Administration did in making 2020 the most secure election ever. Actually this is true, except for what the Democrats did. Rigged Election!”
Not surprisingly, Twitter put a note marking the president’s claim as “disputed.”
Other Twitter users also chimed in.
Some people found the inherent contradiction in the president’s tweet hard to handle.
But one person sympathized with the president and offered a message of hope.