Dangote loses N240 billion in five hours due to coronavirus

Africa’s richest man Aliko Dangote suffered a huge loss due to coronavirus on Wednesday March 11, as he lost N240 billion in five hours.



Dangote’s firms under the parent-company 'Dangote Group', suffered huge losses just after the World Health Organisation (WHO) declared coronavirus a pandemic (spreading in multiple countries around the world at the same time).



The Nation reported that Dangote Cement Plc which is Nigeria’s most capitalised quoted company and accounts for more than 20 per cent of the total market capitalisation, led the decline with the maximum daily allowable drop of 10 per cent or N17, which is equivalent to net depreciation of N289.68 billion.



Dangote Sugar Refinery (DSR) Plc and NASCON Allied Industries Plc lost N1.8 billion and N3.05 billion. Dangote Cement’s share price dropped by N17 from N170 to close at N153. NASCON Allied Industries declined by N1.15 to close at N3.05 while DSR lost 15 kobo to close at N9.75 per share.

NBA suspends its season after player tests positive for coronavirus

The National Basketball Association is suspending its season after a player tested positive for coronavirus.



The league made the announcement on Wednesday night after the NBA game between the Utah Jazz and Oklahoma City Thunder was abruptly postponed.



The players from both teams were already on the court at the Chesapeake Energy Arena in Oklahoma City for warm-ups when they were called back to the locker rooms to inform them about a player who has been infected with coronavirus.



The NBA said the affected player was not in the arena and the test results were reported shortly before tip-off.



"The NBA is suspending gameplay following the conclusion of tonight's schedule of games until further notice," the NBA said in a statement. "The NBA will use this hiatus to determine next steps for moving forward in regard to the coronavirus pandemic."



“A player on the Utah Jazz preliminarily tested positive for COVID-19. The test result was reported shortly prior to the tipoff,” according to the news release.



“At that time, tonight’s game was canceled. The affected player was not in the arena.”



In a statement, the Utah Jazz said a player on the team tested negative for influenza, strep throat and an upper respiratory infection Wednesday morning.



"The individual's symptoms diminished over the course of today, however, in a precautionary measure, and in consultation and cooperation with NBA medical staff and Oklahoma health officials, the decision was made to test for COVID-19," the team said.



The player is in the care of health officials in Oklahoma City, the team said.



"We wish this player a full and speedy recovery, and appreciate the work of health officials in Oklahoma to test a member of the Utah Jazz for COVID-19, as well as their prudent decision to test the entire team at this time," Utah Gov. Gary Herbert and Lt. Gov. Spencer Cox said in a joint statement.



They also added that they are working to identify individuals who have had close enough contact with the player as to have been potentially exposed.

My father is a master chess player in politics and not your mate - Governor Ganduje's daughter, Fatima comments on Sanusi's dethronement

Governor Abdullahi Ganduje's daughter, Fatima took to her Instastory to make a direct comment on the dethronement of Sanusi Lamido Sanusi as the Emir of Kano.



Fatima described her father as a master chess player in politics with a Doctorate Degree in Public Administration.



She further stated that the dethronement of Emir Sanusi is democracy, while pointing out that Kano indigenes got what they wanted and never rioted.



Fatima wrote;

My father is a master chess player in politics and not your mate - Governor Ganduje's daughter, Fatima comments on Sanusi's dethronement

Governor Abdullahi Ganduje's daughter, Fatima took to her Instastory to make a direct comment on the dethronement of Sanusi Lamido Sanusi as the Emir of Kano.



Fatima described her father as a master chess player in politics with a Doctorate Degree in Public Administration.



She further stated that the dethronement of Emir Sanusi is democracy, while pointing out that Kano indigenes got what they wanted and never rioted.



Fatima wrote;

Sanusi brought his problems on himself - Islamic professor says

A Professor of Islamic Political Thoughts at Yusuf Maitama Sule University, Kano, Professor Umar Muhammad Labdo, has said that the dethroned Emir Muhammadu Sanusi II caused his removal as emir.



Professor Labdo made this statement in an interview with Daily Trust.



Listing the things Sanusi did to bring ''problems upon himself, ''Labdo said the former Emir of Kano involved himself in politics during the last general elections. This, he said, was against the custom of the emirate.



Labdo said: “It is unfortunate that the emirate is being played with by politicians, but Sanusi invited this to himself. He is too vocal against the custom. Traditional rulers have ways of contributing to governance not publicly."



He went on to say that Sanusi tried to introduce “western things” into the emirate.



He said: “He is pro-women against men. He told women to retaliate if their husbands slapped them. This is against our culture in Africa. He is too blunt; he talks without considering the feelings of his people."

"I prayed and he was dethroned. My God is not dead" Reno Omokri reacts to rumour that Lamido Sanusi will contest in the 2023 presidential election

Reno Omokri has reacted to rumours that dethroned Emir of Kano, Sanusi Lamido Sanusi, has political ambitions come 2023.



The former media aide to ex-president Goodluck Jonathan shared a photo of the banner being circulated with Sanusi's face ahead of 2023.



In the caption, Reno recalled how those who attacked him ended up losing after he prayed for them. He then hinted that the same will be Sanusi's fate come 2023.



He wrote: "Is Sanusi Lamido Sanusi considering running for President. Maina sued me to court. I prayed to my God. 2 weeks later, he was arrested. Sanusi paid journalists to attack me. I prayed and he was dethroned. We await his Presidential run. My God is not dead!"

Coachella reportedly postponed until October after authorities in the area confirm three new cases of coronavirus

One of the world's biggest music festivals, the Coachella festival, scheduled to take place next month, has reportedly been postponed to October in light of the coronavirus outbreak.


According to the Riverside County Department of Public Health, there are three new cases of coronavirus already confirmed in the Coachella Valley region and according to a report by Entertainment Tonight, the festival has been postponed by a further six months as fears of the virsu spreading around the US increases daily.
An online petition asking organizers to cancel the event has already gathered 16,000 signatures as at Monday.



''As a highly inclusive community, we are responsible to protect each and every community member, which include the ones who are elderly, fragile, or the ones who suffers from chronic diseases, cancer, immune system diseases and other form of disabilities,' wrote Stella Young, the woman behind the petition.



'The lives of these people should not be downplayed and we shouldn't risk their lives since they have a higher chance catching COVID-19 and develop critical situations that need to be hospitalized,' Young wrote.

Coachella draws about 250,000 people over two weekends and this year's event is to be headlined by Rage Against The Machine, Frank Ocean and Travis Scott.