ELON MUSK FACES CIVIL SECURITIES FRAUD SUIT OVER TWITTER PURCHASE AS HE EYES SPACEX IPO. (PHOTO).

-
Image
 Elon Musk faces civil securities fraud suit over Twitter purchase as he eyes SpaceX IPO  Since acquiring Twitter for roughly $44 billion in late 2022, Elon Musk has renamed the platform X, merged it with his artificial intelligence company xAI, and integrated both into his defense and space company, SpaceX. Musk’s next major move could be taking SpaceX public in what would likely be a record-setting IPO, but first, he is confronting legal challenges from his past. On Wednesday, Musk appeared in federal court in San Francisco to face allegations of civil securities fraud tied to his Twitter purchase. Investors filed a class action in October 2022, claiming Musk manipulated Twitter’s stock to pressure the board into selling at a lower price than initially promised. Musk’s legal team denies any intent to harm Twitter or its shareholders. During the hearing, Musk acknowledged that his tweets can affect stock prices, sometimes unpredictably, and described the market as “manic depr...
Post a Comment

GOV. INUWA YAHAYA VISITS NMDPRA CEO, EXPRESSES CONFIDENCE IN HIS ABILITY TO PROVIDE EFFECTIVE LEADERSHIP. (PHOTO).

-


 Governor Inuwa Yahaya Visits NMDPRA CEO, Expresses Confidence in His Ability to Provide Effective Leadership


Gombe State Governor, Muhammadu Inuwa Yahaya, CON, has visited the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Aliyu Mohammed, at the Authority’s headquarters in Abuja.


A statement by Ismaila Uba Misilli, Director General Press Affairs, Government House 

Gombe indicates that the visit was to identify with the NMDPRA helmsman following his recent appointment by President Bola Ahmed Tinubu, GCFR, and to reaffirm the Governor’s confidence in his capacity to provide effective leadership in one of the most strategic sectors of the nation’s economy.


Governor Inuwa Yahaya described Engr. Mohammed as a worthy ambassador of Gombe State, whose remarkable rise in the oil and gas industry reflects years of exceptional technical competence and uncommon professionalism.


The governor urged him to deliver on the critical national mandate entrusted to him.


“As an illustrious son of Gombe State, I encourage you to continue to project the values of diligence, integrity and service that define our people. I am confident that your depth of experience, industry insight and managerial acumen will translate into impactful reforms that will strengthen the midstream and downstream petroleum sectors, enhance energy security and contribute significantly to national economic growth,” the Governor stated.


He also stressed the strategic importance of effective regulation in ensuring stability in petroleum supply, improving investor confidence and promoting sustainable development. He expressed optimism that NMDPRA, under Engr. Mohammed’s leadership, would record remarkable progress.


In his response, Engr. Saidu Aliyu Mohammed thanked the Governor for the visit, describing it as a profound source of encouragement and motivation.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.

-
Image
                Lagos State Governor,Mr Akinwunmi Ambode on friday officially launched the one year long activities to mark the 50 years anniversary of the State which will climax on May 28,2017,just as he said the activities lined up would showcase to the world the unique achievements,culture,heritage and the tourism potentials of the state.Governor Ambode,who spoke at a special children programme tagged ''Vision of the Child'' to officially kick start the one year long activities for the Golden Jubilee of the State,said the celebration was put together to provide historical opportunity to propel the State into unimaginable greatness as well as put it on highest pedestal in the league of the world megacity states.The Governor,who assured that the events would be the biggest celebration in the 50 years history of the state,added that Lagosians should expect nothing short of world class events.He said ''This golden jubilee celebration will show Lag...
Read more