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

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 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...
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NDLEA UNVEILS DGITAL DRUG INTEGRITY TEST FOR TERTIARY INSTITUTIONS. (PHOTO).

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 NDLEA UNVEILS DGITAL DRUG INTEGRITY TEST FOR TERTIARY INSTITUTIONS


Nigeria is taking a new step towards protecting young people and promoting integrity across its  tertiary institutions, as the National Drug Law Enforcement Agency rolls out a digital Drug Integrity Test aimed at early detection of drug use, strengthening student wellbeing, and aligning the country with global best practices.


Fatima Sanusi Karaye reports that 

following rising concern over drug abuse in Nigerian schools, the National Drug Law Enforcement Agency (NDLEA) has introduced a new Drug Integrity Test for tertiary institutions.


The move aligns with resolutions from the 68th National Council on Education in Akure, aimed at strengthening student protection and early intervention.


The evidence-based, non-punitive test is designed to detect early drug use, support counselling and rehabilitation, and promote campus-wide wellbeing, to be implemented via a centralised digital platform ensuring transparency, secure certification, and real-time monitoring.


The agency says drug abuse is increasingly disrupting learning, damaging young people’s health and placing many students at risk of dropping out of school.

Several foreign embassies now recognise the certification as part of visa requirements, placing Nigerian institutions on a globally accepted standard.

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