Daily Sun Newspaper Headlines Today Saturday 1st August 2020

Nigeria news today headlines : Saturday 1st August 2020

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Uzodimma Signs Into Law, N108.3b 2020 Revised Budget

OWERRI – Governor of Imo State, Sen­ator Hope Uzodimma has signed into law the state’s 2020 revised budget of one hundred and eight billion, three hundred and eight five million, eight hundred and thirty six thousand, one hun­dred and thirty Naira only (N108,385,836,130). The Governor, while sign­ing the revised budget at the Government House Owerri …

Ekiti Deputy Gov, Osun Speaker Mourn Pa Fasanmi

 YAQOUB POPOOLA AND GBENGA FATUROTI ADO-EKITI / OSOGBO – Late Afenifere leader, Pa Ayo Fasanmi has been described as a man who used his position and influence in defense of com­mon man till death. Ekiti State Deputy Governor, Otunba Bisi Egbeyemi, stated this while extolling the virtues of the late politician. A statement by Egbeyemi …



Theatre Exposed Me To Lots Of Opportunities – Adedimeji

 For the dearth of an adequate qualifier, a bundle of talent describes humility personified actor, Lateef Adedimeji. Starting from a stereotypical role of the ‘crying boy,’ he has since evolved into a multifaceted brand demanded by some of the biggest producers and directors. Acknowledging the fact that he is still burgeoning, the multiple award-winning actor, …

AFWL Seeks To Archive African Heritage Through Fashion – Ademiluyi

 Life as a princess is a breeze, that’s what many believe. But when one sees a true princess like Ronke Ademiluyi, great-granddaughter of Ooni Ajagun Ademiluyi, one realises that the life of a princess is one of purpose. Having found the Africa Fashion Week London (AFWL) that promotes African heritage through fashion, even with a …

Facebook Smashes Quarterly Revenue Forecasts

Social media giant Facebook smashed quarterly revenue estimates overnight and forecast similar growth to come despite multiple corporations boycotting the internet giant and the impact of the Covid-19 pandemic. Facebook posted revenue growth of 11% on Thursday, up to $18.7bn, the firm’s slowest ever growth but still well and truly above analysts’ expectations for a 3% gain. …

Europe’s Economies Record Crashes In Second Quarter

The eurozone economy shrunk by a historic 12.1% between April 1 and June 30, according to a preliminary flash published by the EU statistics service on Friday. According to Eurostat, these were “by far the sharpest declines observed” since the series began in 1995. The drop in the region’s GDP is compared to the first …

Gold Price Increase Rs750 To Rs123,500 Per Tola

The price of 24 karat gold increased by Rs. 750 on Friday and was traded at Rs. 123,500 as against its trading at Rs. 122,750 the previous day, Karachi Sarafa Association reported. Likewise the price of 10 gram gold also witnessed increase of Rs. 643 and was trade at Rs. 105,881 against its sale at …



Amazon Gets FCC Approval For $10bn Internet Satellite Constellation Launch

Amazon received approval from the US Federal Communications Commission to launch and operate a planned constellation of 3,236 internet satellites in which it has invested $10bn. The constellation is part of Amazon’s Project Kuiper, an initiative to create a satellite-based broadband internet service designed to provide high-speed, low latency connections to US-based households. Amazon said that …

Bank Of America Defers US$7.7B Commercial Loans Amid Pandemic

Bank of America Corp. has deferred US$7.7 billion of loans for commercial clients in response to the coronavirus pandemic. About two per cent of clients’ commercial loans had been modified as of July 23, mainly consisting of payment deferrals of as long as 90 days, according to a quarterly regulatory filing Friday. Interest continues to accrue on …

Taliban Announce Eid Ceasefire After Bloody Spring

A holiday ceasefire has been touted for the weekend, with hopes high that the much-mentioned intra-Afghan talks could soon begin. Then on Thursday night, a car bomb blew in Afghanistan’s Logar province, killing more than a dozen people, a reminder that the situation in Afghanistan remains violent. The context within which the planned-for temporary halting of hostilities …

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