Nigeria rewards thieves with govt appointments – Kano Emir, Sanusi
12 Aug
Politics

Nigeria rewards thieves with govt appointments – Kano Emir, Sanusi

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The Emir of Kano, Muhammadu Sanusi II, has expressed concern over the loss of moral values in Nigerian society, especially how people in power are treated. Speaking on Channels Television’s Politics Today on Wednesday, Sanusi said the country must stop honouring people who have stolen public funds by giving them more opportunities in government. He explained that when a society respects wealth no matter how it is made, and rewards those known to have stolen money, it creates a system that continues to promote corruption. “A society in which material wealth, no matter how you get it, is respected, is glorified, where people who are known to have stolen money get rewarded with ministerial appointments, that society will continue to reproduce itself.” Sanusi criticised the way people who misuse public office are treated, saying they are often celebrated instead...
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‘We Have Been Ruled By People Who Have No Values’ – Sanusi
12 Aug
Politics

‘We Have Been Ruled By People Who Have No Values’ – Sanusi

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The Emir of Kano, Muhammadu Sanusi II, has raised serious concerns over the decay of moral and societal values in Nigeria, blaming both leaders and citizens for enabling a system that rewards corruption.Speaking during an interview on Channels Television’s Politics Today on Wednesday, the former Central Bank of Nigeria (CBN) governor stated that Nigeria has continued to honour individuals who looted public funds by offering them even more political opportunities. Sanusi stated, “The entire value system of the country has been eroded.” Sanusi didn’t hold back in his criticism of Nigeria’s leadership culture, stating that many people in public office lack proper upbringing and moral grounding, which is evident in their conduct and poor sense of service. He said, “Many people go into government to make money but you don’t go into government to make money. “We have been...
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HK rises in global smart city index
12 Aug
Science & Technology

HK rises in global smart city index

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Hong Kong has come in eighth out of 73 cities in a smart city index. The ranking, compiled by Polytechnic University researchers, considered how factors such as infrastructure or the use of technology improved living standards. The findings were disclosed at the fourth International Conference on Urban Informatics which opened on Wednesday at the university. Professor John Shi, president of the International Society for Urban Informatics (ISUI), said this is an improvement compared with 2023, when the SAR ranked ninth out of 50 cities. According to Shi, the city stands out for its economy and having a good business environment as well as its free flow of capital. The ISUI Smart City Index is compiled by ISUI and the Otto Poon Charitable Foundation Smart Cities Research Institute. Unlike similar indexes, the ISUI index is based on publicly...
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Firefly Aerospace prices shares at $45, above the expected range
12 Aug
Science & Technology

Firefly Aerospace prices shares at $45, above the expected range

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The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty ImagesFirefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will debut on the Nasdaq Thursday under the ticker symbol "FLY." The offering raised $868 million and values the company at about $6.3 billion. Fireflyfiled its initial prospectus in Julyandupped its IPO rangethis week to $41 to $43 a share, from an initial range of $35 to $39. The space technology sector has seen rising investor interest over the last few years as billionaire investors such as Elon Musk and Jeff Bezos put their money behind SpaceX and Blue Origin, respectively. So far this year, space...
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