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Saturday, 17 March 2018

Arik Air: Airline operates PH flight from MMA2, ending 10-year dispute

Arik airplane avoids crash after strange smoke filled cabin midair

The News Agency of Nigeria (NAN) reports that MMA2 terminal is operated by Bi-Courtney Aviation Services Limited (BASL).

An Arik Air flight to Port Harcourt on Saturday took off from the Murtala Muhammed Airport 2, (MMA2) Lagos, signalling the end of a 10-year rift between the airline and operators of the MMA 2 terminal.

The News Agency of Nigeria (NAN) reports that MMA2 terminal is operated by Bi-Courtney Aviation Services Limited (BASL).

Arik had since February 2008 shunned a directive to move its domestic operations to MMA 2.

This led to litigation between the airline and BASL until a recent agreement brokered by the new management of the airline appointed by the Asset Management Company of Nigeria (AMCON).

Mr Murat Ozcan, Vice President, Ground Operations, Arik Air, said on Saturday that the airline was delighted to move its daily Port Harcourt flights from the General Aviation Terminal (GAT) to MMA 2.

According to him, the decision to move all outbound and inbound Lagos-Port Harcourt flights to MMA2 is informed by the need to enhance passenger flying experience.

“The MMA2 offers spacious ticketing and departure experience, modern and functional escalators and lifts.

“The terminal also has automated check-in, generous waiting space, lounges, restaurants and shops.

“We are daily reviewing our operations in order to give customers value for their money and enhance their travel experience.

“By moving some of our operations to MMA2, we are delighting customers with seamless travel,” Ozcan said.

Also, Capt. Abdullahi Mahmood, Chief Pilot, Arik Air, said the passengers of the airline were guaranteed better services because of the facilities available at the MMA 2.

As an experienced pilot who has flown to a lot of countries across the world, I can say the MMA 2 is a very standard and modern airport and Arik Air is delighted with this partnership, ” he said.

On his part, the Chief Executive Officer of BASL, Capt. Jari Williams, assured the management of Arik Air of seamless passenger facilitation at the terminal.

“MMA2 remains a safe, secured and efficient passenger-friendly terminal to provide exceptional services to Arik’s guests to Port Harcourt and the best destination for other flying passengers and shoppers.

” We want to assure all the passengers who will be flying Arik Air from this Saturday of seamless facilitation as we welcome all of them to our terminal,” he said.

Williams, represented by the spokesperson for BASL, Mr Steve Omolale, said with this move, Arik Air had joined Dana, Aero, Med-View, Azman and First Nation airlines, which had been operating scheduled flights from MMA2 over the years.

NAN reports that the high point of the ceremony was the presentation of 15 Economy and five Business Class Tickets to the first set of passengers who checked in for the three flights scheduled for the day.

Arik Air: Airline operates PH flight from MMA2, ending 10-year dispute



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Kamusoko starts as Ajib dropped on the bench

Thaban Kamusoko akionesha umahiri dhidi ya APR

Yanga field a strong squad to face Rollers

Kamusoko starts as Ajib dropped on the bench



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Sports: Inside the most inspirational group text in the NFL and how it got started

The ATU business combine created a bond between 29 NFL players.

A group text message started to relay logistics for the ATU business combine took a life of its own and become the bond for 29 NFL players.

  • In February and March, 29 NFL players took part in the ATU business combine, a week-long event designed to help them find post-playing careers.
  • In the midst of attending panels, conferences, and networking events with CEOs and business leaders, the players formed a bond through a group text.
  • Weeks later, the group text is still going strong, with players sharing business ideas, deals, and contacts, as well the occasional jokes and GIFs.


In late February, Kaleb Thornhill sent a text to 29 NFL players informing them of the plans for the week.

These 29 NFL players would soon descend upon New York City for the Athletes Transition U (ATU) business combine, a week-long event designed to help players find interests outside of football and make contacts for possible post-playing careers.

Thornhill wanted to keep everyone in the loop for the week. New York can be overwhelming on its own, let alone when organizing a packed schedule with a massive group of players. But that text designed to lay out logistics would soon evolve into something more significant — a bond amongst the players, many of them usually competitors.

"Kaleb started it. Just kinda linked everybody up so we could have a place where we could all receive information and talk things out, let everybody know where everyone's going or schedule's gonna be," former NFL running back Justin Forsett said, adding, "It kinda took a life of its own."

The group text and friendships blossom.

Thornhill, the director of player engagement for the Miami Dolphins, ran a similar business combine last year with the franchise, initiated by the team owner Stephen Ross. The combine was popular among players who participated.

Chicago Bears cornerback Prince Amukamara first heard of the combine from former Dolphins linebacker Spencer Paysinger, who raved about the experience.

"I really brushed it off like, 'Yeah, yeah, okay, cool,'" Amukamara said. But when former Dolphins defensive lineman Ndamukong Suh similarly glowed about it, Amukamara took note and wanted to participate in this year's combine.

Thornhill formed ATU as an umbrella for the combine and this year, expanded the model to include players from all NFL teams. He packed a morning-to-night schedule with speakers, panels, conferences, exercises, and networking events with CEOs, founders, and companies in finance, tech, real estate, marketing, media, and more.

The 29-man roster included players like Tennessee Titans linebacker Derrick Morgan, Seattle Seahawks defensive end Cliff Avril, Kansas City Chiefs safety Eric Berry, New England Patriots wide receiver Chris Hogan, Philadelphia Eagles defensive end Brandon Graham, Oakland Raiders quarterback E.J. Manuel, Forsett, Amukamara, Suh, Paysinger, and many others.

Because of the program's infancy, players had to pay a $5,000 fee. Thornhill hopes that one day it'll be fully funded.

As the itinerary unfolded, the group text sprouted legs. Players shared photos and videos from events that they liked, such as a session on athletes' branding, with speakers like Uninterrupted CEO Maverick Carter. There were also panels about venture capital and investments, real estate events with companies like Compass Real Estate, and "deep dives" in which the players job-shadowed different companies and took part in one-day internships.

"I would say Wednesday, Thursday is when we broke loose and were going back and forth, chatting about jokes or contacts or 'What's next?' or 'Man, I'm really interested in this,'" Thornhill said. "That's really what we wanted to create is its own ecosystem that lives and breathes and has its life of its own."

After events, players would share the contacts they made, aiding participants who might have failed to secure a number or business card of someone they wanted to talk to.

Thornhill said it was fun for him to see players break off into different sub-groups with their group chats. The players who took part in the "deep dives" together formed groups, sometimes relaying pictures and videos from their experiences back into the main group text.

Morgan said having 29 business-centric athletes in the same group had its benefits. They share ideas and "deals" with each other, with different players weighing in and lending their expertise.

"If somebody's presented with a deal," Morgan said, "just shoot it in there. 'Hey I got this real estate deal, are you interested in that?' Boom, open it up, whatever it is. I think that's the purpose of it moving forward."

Of course, the group also strayed from strictly business as they it closer. Forsett drew laughs when he sent a picture in the group chat mocking Avril for wearing Louis Vuitton slippers with his suit.

Amukamara gained a reputation as one of the most vocal and funny members of the group, known for cracking wise and sending timely GIFs.

The group text didn't stop at the end of the combine. Two weeks later, players say it's still going strong.

"It's just nonstop blowing up each other with ideas and talking," said Suh. "It's super cool, and I never thought I'd have the opportunity to really see some of the other guys that are interested [in business]."

This past week all of the members of the group spoke up to wish Houston Texans linebacker Jelani Jenkins a happy birthday, sending more GIFs, photos, videos, and well-wishes.

"I've been in a whole bunch of group texts, and it dies down for a little bit," Amukamara said. "But this one is like fully alive."

More than just a group chat.

While players enjoyed socializing with one another, the combine was much more than a group text.

Amukamara said early in his career when he played with the Giants, that veteran players encouraged him to network with local business and community leaders at team events. He followed their instructions but was never quite sure where to go from there.

"Once I got those business cards, I never knew what the next step was," he said. "How do I follow up? What does my follow-up look like? Do I call them, do I email them, what do I say?"

He added: "I think the combine for me, it really just affirmed that I was on the right track and that what I was doing was pretty good. Of course, I learned a lot. Even though it was like information overload within those five days, it was definitely information needed."

Forsett was particularly attentive at the combine, as his football career is already over. Forsett has ingrained himself in the business community since retiring, appearing on "Shark Tank" in 2018 to pitch his business, Shower Pill, a disinfectant wipe. Forsett said he focused on what would come after football throughout his career, motivated, in part, by being cut six times during his playing days. The end of football was never far away.

Forsett enjoyed listening to Jesse Itzler, an entrepreneur, co-founder of Marquis Jet, and part owner of the Atlanta Hawks, speak at the combine. Forsett hit it off with Itzler — another favorite among the players — and according to Thornhill, plans to re-connect with Itzler over dinner sometime soon.

"There are so many takeaways just as a businessman, as a husband, as a father," Forsett said of the combine experience. "I was able to grow from this event."

Morgan appreciated the opportunity to network with business leaders after the events. He also benefitted from meeting like-minded players around the league. He and Suh share an interest in real estate and have some future projects planned.

"The more and more I'm in this league, I'm realizing how important your network is and how valuable that is," Morgan said.

"We can really create something with purpose."

The ATU business combine is a passion project for Thornhill with real stakes. He believes the program, which he hopes to expand to all 32 NFL owners and their teams, and possibly to universities, can be life-changing.

"I just don't want to get another phone call with a guy either saying he's held a gun to his head or he's staring at the wall aimlessly with nothing to hit every day he wakes up," Thornhill said.

"They haven't been given the skills to bridge the gap to be able to attain that next purpose in their life. I think that drives me is knowing that I can help people find their passion potential and really their earning potential within that. We can really create something with purpose. And I think that if you create purpose, they have their finances intact, that gives you options."

Thornhill said when the combine ended, a player whom he declined to name approached him in tears.

"It was almost like an 'ah-ha' moment in his life where he was just so thankful for the opportunity and really didn't know what was next but knew there was a possibility … He no longer had to be stressed about what was gonna happen after [football] because he knew the process of what he needed to do right now," Thornhill said.

Morgan noted that good football careers typically only last 10-12 years. A typical career only lasts three years. "Even if you fall somewhere at the end of that spectrum, you're still gonna be 31, 32 years old." He has been active in trying to prepare for life after football.

Said Forsett of his post-playing career, "I wanted it to be a smooth transition after hearing some of the horror stories."

The participants are like a fraternity now, linked through a group text that's still going.

"I actually feel like it's like a team of our own in a sense," Amukamara said. "And yeah, guys are throwing ideas left and right, and I think that's more what it was about. Even though we were networking with the CEOs and other people from the companies, this also helped us network with each other. Guys that we wouldn't necessarily know or be talking to."

"That was what we really wanted to create was just a team beyond the team," Thornhill said. "This team will never go away. This team will be an infrastructure that will support them."

Forsett called the five-day event "life-changing."

"That event was a game-changer for me," he said. "I'd even say just a life-changing event, just in terms of the relationships, the type of information that was given to me.

"I feel like every pro athlete needs to go through something like this, go through this program."

Sports: Inside the most inspirational group text in the NFL and how it got started



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Rudiger talks up FA Cup importance as Chelsea chase down final trophy

The Blues have one last chance to get their hands on some silverware this season, with a quarter-final clash with Leicester presenting the next hurdle

Rudiger talks up FA Cup importance as Chelsea chase down final trophy



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World: With a Nevada senate candidate's exit, the Bannon revolt fizzles

With a nevada senate candidate's exit, the bannon revolt fizzles

WASHINGTON — President Donald Trump persuaded a conservative businessman in Nevada to drop his primary challenge to a sitting Republican senator Friday, effectively ending a populist revolt that Steve Bannon once promised would scorch establishment Republican senators from coast to coast this year.

Danny Tarkanian, a perennial candidate who had Bannon’s backing, withdrew from his race against Sen. Dean Heller after a tweet from the president.

At Trump’s suggestion, he said he would run for an open seat in the House instead. His decision to drop out gives a significant boost to Heller, widely considered one of the most vulnerable Republican senators on the ballot this year.

Earlier this week, another Bannon-backed candidate, state Sen. Chris McDaniel of Mississippi, dropped his challenge to Sen. Roger Wicker, opting instead to run for the seat left open by the retirement of the state’s senior senator, Thad Cochran.

By making clear he would support Heller and Wicker in their primaries, Trump effectively starved their challengers of the political oxygen they needed to win over conservative activists. In his tweet, Trump said it “would be great for the Republican Party of Nevada, and it’s unity” if Heller could run unopposed.

In an interview, Tarkanian said he at first resisted Trump’s entreaties, which were conveyed to him by the president’s 2020 campaign manager, Brad Parscale. He said Trump had reached out to him by telephone last week, but the two never connected; he later told Parscale that if the president wanted him out, Trump should say so. So the president did, on Twitter.

Tarkanian, whose father, Jerry Tarkanian, was a legendary basketball coach at the University of Nevada, Las Vegas, said he “did not think it was the right decision,” but he added: “I grew up in an athletic family. When the coach tells you to do something, many times you don’t agree with it, but it’s your responsibility to do it.”

It was a striking illustration of how much Trump has tightened his grip on the Republican Party: It is difficult to take on the party establishment when the face of the party is a president beloved by primary voters.

“This is one of those moments where the president of the United States has correctly and fully utilized the influence he has as the titular head of the Republican Party,” said Scott Jennings, a Republican strategist who is close to Sen. Mitch McConnell, the majority leader. “It’s the hand of Donald Trump, recognizing that we cannot afford to lose Senate seats because we are fighting with ourselves.”

By ending their primaries against the two senators, McDaniel and Tarkanian snuffed out what was left of Bannon’s vision for remaking Congress with candidates in his populist mold. At one time, Bannon envisioned primaries in Mississippi, Nebraska, Arizona, Wyoming and Nevada.

Now he has none.

With Bannon exiled by the president and Trump getting along with congressional leaders and taking counsel from largely mainstream Republicans in the post-Bannon White House, there is little political space for right-wing insurgents to oust incumbents.

Perhaps no one is happier about that than McConnell, whom Bannon had once threatened to unseat. Chris Pack, spokesman for the Senate Leadership Fund, a political action committee McConnell helped found to ensure the re-election of incumbents, was succinct Friday.

“Who is Steve Bannon?” Pack asked wryly.

Bannon declined to comment.

Democrats said Friday that the dynamics of the Nevada race had not changed much and that they remained optimistic about their chances to pick up a Senate seat in a state won by Hillary Clinton. Tarkanian, party strategists said, has already caused lasting damage to Heller by forcing him into positions he will later regret in his campaign against Rep. Jacky Rosen, the Democrat whose seat Tarkanian is now seeking. (Tarkanian lost to Rosen by about 1 percentage point in 2016.)

Last year, for instance, Heller agonized for weeks over Republicans’ drive to repeal the Affordable Care Act, before finally siding with party leadership and voting to undo President Barack Obama’s signature health care law. Tarkanian pounced, accusing Heller of having “no convictions.” And Democrats are still reminding the senator of that vote.

“Nevadans learned today what Senator Heller got for selling out their health care and putting himself and his party first,” Lauren Passalacqua, spokeswoman for the Democratic Senatorial Campaign Committee, said Friday, adding that “no amount of Trump tweets” could save him.

While Trump is often described as the ultimate insurgent, he is driven far more by personal interaction and whether he feels respected than by any ideological impulses. Wicker and Heller have spent months courting the president and taking care to note, publicly and privately, that they are in his corner.

Their lobbying paid off. Trump reiterated his support for Wicker when McDaniel got in the race late last month, and on Friday the president showed Tarkanian to the door. McDaniel and Tarkanian had little choice but to give up their primaries: They were trying to carry a sort of pre-Trump message that was focused on purifying the Senate of moderation, hoping to link the incumbents to a flaccid establishment embodied by McConnell.

This approach proved effective at times during the Obama years and was nearly enough to lift McDaniel in 2014, when he came close to unseating Cochran.

But while McConnell is deeply unpopular among rank-and-file conservatives, he is not the animating force in today’s party — Trump is. While the challengers could easily persuade primary voters to oppose McConnell’s preferred candidates, it is a far more difficult task to get them to oppose their president.

The one Republican senator who may have lost his seat in a primary this year was the one who has become one of Trump’s most outspoken critics: Jeff Flake of Arizona, who is retiring. In that race, the establishment Republican, Rep. Martha McSally, is facing a primary challenge from Joe Arpaio, the controversial former sheriff of Maricopa County, and Kelli Ward, an osteopathic physician and former state senator who drew backing from Bannon last fall.

Yet in another sign of how he is veering closer to the congressional leadership, Trump has not offered support to either of the hard-liners, something White House officials assured McSally he would not do before she agreed to enter the race.

And more recently, in another sign of Bannon’s diminished influence, Ward disavowed him. “I am distancing myself from Steve Bannon,” she told CNN in an interview in January, adding, “I support the president.”

This article originally appeared in The New York Times.

SHERYL GAY STOLBERG and JONATHAN MARTIN © 2018 The New York Times

World: With a Nevada senate candidate's exit, the Bannon revolt fizzles



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Carvajal sees Morata returning to Real Madrid after Chelsea struggle

The misfiring frontman has previously hinted at a third spell with the Blancos, and a man currently at Santiago Bernabeu would welcome him back

Carvajal sees Morata returning to Real Madrid after Chelsea struggle



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I lost a brother, confidant, Dogara mourns Wakili

Saraki mourns as Sen. Ali Wakili dies at 58

Buhari congratulates China’s president on re-election

Lallana among England's top four talents? Liverpool boss Klopp thinks so

The Reds midfielder has endured an injury-ravaged campaign at Anfield, but his manager considers him to be among the finest players in the country

Lallana among England's top four talents? Liverpool boss Klopp thinks so



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Wakanda Forever 1&2: Nollywood just released a spin-off of the Black Panther sequel

After Black Panther movie grossed over $1bn, Nollywood has now made its own version of Wakanda forever

Four weeks after the release of the Black Panther sequel, Nigeria has produced its own version of the game-changing movie.

Marvel's introductory film to Wakanda superhero Black Panther continues to break records, recently crossing the $1 billion mark in worldwide sales, the studio is confirming that a sequel is definitely on-track to happen.

Nigeria, Africa’s largest economy, is also a cultural powerhouse that boasts the continent’s biggest film industry, known as Nollywood. Lagos is the country’s filmmaking hub.

Just two days ago, Nollywood’s Wakanda Forever was released.

The Nigerian version of Wakanda Forever 1&2 is set in a village in Nigeria and weaves traditional storytelling with juju/voodoo and comedic special effects to explore family and lineage in an African society.

It has already garnered thousands of views on YouTube, winning the attention of a global audience desperate to connect with the African continent.

The superhero Black Panther has received global attention not only for its spot on acting or storyline but also it represents a symbol of black power and solidarity.

Film fans, actors and comic enthusiasts around the world keep flocking to screenings of Marvel superhero movie “Black Panther” which opened in Africa’s most populous country.

 

Wakanda Forever 1&2: Nollywood just released a spin-off of the Black Panther sequel



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Russia expels 23 British diplomats, shuts Council, Consulate

World: Turnover at a constant clip: The Trump administration's major departures

Turnover at a constant clip: the trump administration's major departures

President Donald Trump’s record-breaking staff churn does not appear to be ending anytime soon. On Friday, Andrew G. McCabe, the former FBI deputy director, was fired after the Justice Department rejected an appeal two days before he was set to retire. And reports indicate that Trump

The possible shake-ups come after Trump’s dismissal of Secretary of State Rex Tillerson via Twitter and at least two dozen other departures during his tenure — so far.

Andrew McCabe, fired March 16, 2018

FBI deputy director

McCabe was fired after the Justice Department rejected an appeal that would have let him retire. He is accused in a yet-to-be-released internal report of failing to be forthcoming about a conversation he authorized between FBI officials and a journalist.

Rick Dearborn, resigned March 16, 2018

White House deputy chief of staff

Dearborn had been overseeing a broad cross section of departments, including the political department.

Gary D. Cohn, resignation announced March 6, 2018

Director of White House National Economic Council

The announcement of the resignation of Cohn, Trump’s top economic adviser, came as Cohn seemed poised to lose an internal struggle over the president’s plan to impose large tariffs on steel and aluminum imports.

Hope Hicks, resignation announced Feb. 27, 2018

White House communications director

Hicks, one of Trump’s most trusted advisers, announced in early March that she would resign in the coming weeks.

Rex Tillerson, fired March 13, 2018

Secretary of State

Tillerson learned he had been fired when a top aide showed him a tweet from Trump announcing that he would be replaced by Mike Pompeo, the CIA director.

John McEntee, forced out March 12, 2018

Trump’s personal aide

McEntee, who served as Trump’s personal assistant since Trump won the presidency, was forced out of his position and escorted from the White House after an investigation into his finances caused his security clearance to be revoked.

Rachel L. Brand, resigned Feb. 9, 2018

Associate attorney general

The No. 3 official at the Justice Department stepped down after nine months to take a job at Walmart.

David Sorensen, forced out Feb. 9, 2018

White House speechwriter

Sorensen resigned after a news report detailed accusations from a former wife who said he had abused her during their marriage.

Rob Porter, forced out Feb. 7, 2018

White House staff secretary

Porter resigned one day after his two former wives accused him in interviews of physical abuse during their marriages.

Brenda Fitzgerald, forced out Jan. 31, 2018

Director of the Centers for Disease Control and Prevention

Fitzgerald resigned over troubling financial investments in tobacco and health care companies that posed potential conflicts of interest.

Carl Higbie, forced out Jan. 18, 2018

Chief of external affairs for the Corporation for National and Community Service

Resigned under pressure after CNN surfaced disparaging remarks he had made in the past about black people, Muslims, gays and veterans with post-traumatic stress disorder.

Dina H. Powell, resignation announced Dec. 8, 2017

White House deputy national security adviser

One of the most influential women in the Trump administration, Powell is returning to Goldman Sachs.

Omarosa Manigault Newman, fired Dec. 13, 2017

Director of communications for the White House Office of Public Liaison

A former contestant on Trump’s reality TV show “The Apprentice,” Newman was fired by Trump’s chief of staff, John F. Kelly.

Tom Price, forced out Sept. 29, 2017

Secretary of Health and Human Services

Price resigned under pressure after racking up hundreds of thousands of dollars in travel bills for chartered flights.

Keith Schiller, resigned Sept. 20, 2017

Director of Oval Office operations

Trump’s longtime aide and former bodyguard decided to leave the White House soon after Kelly arrived.

Sebastian Gorka, forced out Aug. 25, 2017

Adviser

Gorka was forced at shortly after Steve Bannon left the White House.

George Sifakis, resignation announced Aug. 18, 2017

Director of White House Office of Public Liaison

Sifakis stepped down soon after Reince Priebus, Trump’s first chief of staff, was forced out.

Steve Bannon, forced out Aug. 18, 2017

Chief strategist

Trump’s populist chief strategist was pushed out shortly after Kelly took over as chief of staff.

Anthony Scaramucci, fired July 31, 2017

White House communications director

Scaramucci was fired on Kelly’s first day in the White House. His dismissal came days after he unloaded a crude verbal tirade against other members of the president’s staff in a conversation with a reporter for The New Yorker.

Reince Priebus, forced out July 28, 2017

White House chief of staff

Priebus was forced out after a stormy six-month tenure.

Sean Spicer, resigned July 21, 2017

White House press secretary

Spicer resigned after telling Trump he vehemently disagreed with his appointment of Scaramucci as his new communications director.

Mike Dubke, resigned June 2, 2017

White House communications director

Dubke told colleagues he was resigning for reasons that were “personal.”

K.T. McFarland, forced out May 19, 2017

White House deputy national security adviser

Lt. Gen. H.R. McMaster pushed McFarland out after he took over for Michael Flynn, Trump’s first national security adviser. She was nominated as ambassador to Singapore but withdrew her nomination after it stalled in the Senate.

James B. Comey, fired May 9, 2017

FBI director

Trump said on national television that he fired Comey because he was frustrated over the FBI’s investigation into Russia’s meddling in the 2016 campaign and its possible contacts with Trump’s advisers.

Katie Walsh, forced out March 30, 2017

White House deputy chief of staff

Walsh was forced out by Jared Kushner, the president’s son-in-law and a top White House adviser, and other West Wing officials.

Michael Flynn, forced out Feb. 13, 2017

White House national security adviser

Flynn was forced to resign amid questions about whether he lied to administration officials about the nature of his conversations with the Russian ambassador to the United States.

DENISE YU and KAREN YOURISH © 2018 The New York Times

World: Turnover at a constant clip: The Trump administration's major departures



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Villarreal defender Semedo denied bail on attempted murder charge

Villarreal defender Ruben Semedo

The Portuguese has been denied bail because a judge feels he represents “an obvious risk to the integrity” of his alleged victim

Villarreal defender Semedo denied bail on attempted murder charge



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World: Qualcomm's former chairman said to explore taking company private

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SAN FRANCISCO — Qualcomm was co-founded in 1985 by Irwin Jacobs, who took the company public and made it a mobile chips behemoth. He later passed the baton to his son Paul.

Now Paul Jacobs is trying to make sure that Qualcomm stays a family business — but he will have to do it from outside the company.

On Friday, Qualcomm said Jacobs, a company director, would not be renominated for election at its annual shareholder meeting next Friday.

The company’s board said it had reached that decision because Jacobs wanted to explore making his own bid for Qualcomm. He confirmed late Friday that he wanted to take the company private.

The split, which means no member of the Jacobs family will be involved at the top echelons of Qualcomm for the first time in 33 years, was not friendly. In a statement, Jacobs said of the directors that it was “unfortunate and disappointing they are attempting to remove me from the board at this time.”

The boardroom high jinks followed months of turmoil at Qualcomm, which recently sidestepped a hostile $117 billion acquisition bid from rival semiconductor maker Broadcom and has been dealing with a litany of regulatory and legal troubles around the world. The developments have raised questions about Qualcomm’s prospects and brought fresh scrutiny from Wall Street.

Jacobs was chairman of Qualcomm from 2009 until March 9, when he was replaced. The change was widely seen as a move to placate shareholders who had been voicing their displeasure by voting for a slate of six candidates proposed by Broadcom for the 11-seat board as part of its bid to acquire the company.

On Tuesday, Jacobs sent the board a letter saying he wanted to explore taking the chipmaker private and he intended to talk to potential funding sources, according to people briefed on the situation, who declined to be named because the discussions were confidential. That led to the board’s decision Friday during its regularly scheduled meeting.

“Qualcomm is focused on executing its business plan and maximizing value for shareholders as an independent company,” the company said in a statement. “There can be no assurance that Dr. Jacobs can or will make a proposal, but, if he does, the board will of course evaluate it consistent with its fiduciary duties to shareholders.”

Jacobs, in turn, said there were “clear merits to exploring a path to take the company private in order to maximize the company’s long-term performance, deliver superior value to all stockholders and bolster a critical contributor to American technology.”

His potential bid was earlier reported by The Financial Times.

In aiming to take Qualcomm private, Jacobs would be following a playbook used by Michael Dell. Dell, who founded Dell Computer in his university dorm room and built it into a personal computing colossus, took his company private in a $24.9 billion deal in 2013 after it had been battered by competition from Apple and the rise of mobile devices. Dell has since been working to turn Dell around, away from the prying eyes of Wall Street.

Yet any takeover attempt of Qualcomm by Jacobs faces extraordinarily tough obstacles. As an owner of fewer than 1 percent of Qualcomm shares, Jacobs would have to find investors to buy equity in a transaction, as well as bankers willing to fund debt. Since Qualcomm’s directors had rejected Broadcom’s $117 billion offer as inadequate, the total price tag would likely have to be higher.

If Jacobs reached out to foreign investors to raise funding, that would also most likely be problematic. President Donald Trump blocked Singapore-based Broadcom’s bid for Qualcomm this week partly because the White House does not want to cede U.S. primacy in fifth-generation wireless technology, known as 5G, which Qualcomm has been developing.

Jacobs is friends with Masayoshi Son, head of the Japanese conglomerate SoftBank, which would seem a likely candidate to help any buyout. But SoftBank has a heavy debt load, and any move related to foreign investors could raise the same concerns that thwarted Broadcom.

Not renominating Jacobs to Qualcomm’s board opens a new chapter for the company, which the Jacobs family had made an institution in its hometown, San Diego.

Jacobs served as Qualcomm’s chief executive from 2005 to 2014, a time when revenue and profits surged as its technology became a foundation for third-generation cellular networks. As a result, Qualcomm began charging patent royalties for nearly all mobile phones that used 3G technology.

The company was also able to garner a strong position in the next generation of cellphone networks — known as 4G — because it scooped rivals in delivering chips that could work with 4G networks.

But rivals such as Taiwan’s Mediatek have cut into that lead recently. Qualcomm has also lately been hurt as Apple, a longtime customer, sued it over the royalty payments and stopped paying the company.

Apart from expanding Qualcomm, Jacobs is associated with some of the company’s most famous failures, including a plan for broadcast cellular technology called MediaFlo and a technology for mobile-device displays called Mirasol. Qualcomm announced in 2013 that Jacobs would give up the chief executive position to Steve Mollenkopf after Mollenkopf was mentioned as a possible candidate to be chief executive of Microsoft.

This article originally appeared in The New York Times.

DON CLARK © 2018 The New York Times

World: Qualcomm's former chairman said to explore taking company private



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Is the BBC dead? Benzema & Bale now mere supporting actors on Real's Ronaldo show

Real Madrid Ronaldo Bale Benzema

Only one member of Los Blancos’ famous forward line is fully firing right now and with changes likely in the summer, the trident could soon be history

Is the BBC dead? Benzema & Bale now mere supporting actors on Real's Ronaldo show



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Shan George: How Nollywood actress mum’s illness inspired her latest movie

Nollywood actress, Shan George and mother

According to her, being the only child hasn’t been easy, as she begged for help and was turned down severally. Shan George, has also said her mother’s illness inspired her new movie, ‘Grey Shadows.’

Nollywood veteran actress, singer and film producer. , Shan George who had recently taking her bedridden mother home 6 years after she stayed in the hospital.

According to her, being the only child hasn’t been easy, as she begged for help and was turned down severally.

Shan George, has also said that her mother’s illness inspired her new movie, ‘Grey Shadows.’

According to Shan, the movie which was recently premiered focused on how sick people are treated in the country. Read further in an interview with The Nation

READ ALSO: Actress says mum has been bedridden for 6 years

Actually, to put it in a very simple sense, it’s about the negligence of medical practitioners towards sick people generally,

People that are working now in the medical sector really don’t seem to bother much about sick people because I’m imagining if you were passionate about an ill person and they bring a sick person to you, you won’t first be asking for money physically.

The actress also revealed that her mum’s illness motivated her to produce the movie which she said is expected to be public by April.

My mum was sick for six years. So, since 2011 till towards the end of 2017, my mum had been bedridden. I saw a lot while I was in the hospital trying to take care of my mum.

READ ALSO: Actress mourns as sister dies in car accident

We actually went from one hospital to another to another to another.

She spent time in a lot of different hospitals. And a lot of different reasons led to her being in different hospitals in those seven years which she ended up at the Calabar Teaching Hospital finally.

And I had to also move to Calabar based on the fact that my mum was moved to Calabar by her doctor in Abuja.

They moved us to Calabar so, they we practically moved there. I mean, being that we’re also from Cross River State, it was a bit easier.

I got a lot of experiences from there. Also, other peoples’ own. And put them into make a movie.  You know how e bi na.”

Shan George: How Nollywood actress mum’s illness inspired her latest movie



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'Tiresome Pogba must improve attitude' – Petit calls for end to Mourinho 'duel'

The Manchester United midfielder has been told to stop “sulking” and improve relations with his manager by delivering with performances on the field

'Tiresome Pogba must improve attitude' – Petit calls for end to Mourinho 'duel'



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Avocado Pear: The health benefits of this fruit are priceless

6 priceless health benefits of avocado pear

Avocado pear also helps prevent and combat cancer, aids great vision, prevent osteoporosis, and other chronic diseases.

Fruits are natures gifts to man, and avocado pear is a priceless one.

Priceless because the avocado pear stands out among the fruit species. From its unique taste to its endless nutritional value, the evergreen fruit is loaded with a lot of health benefits that guarantee our well being.

And as described by Chris Gunnar, avocado is loaded with heart-healthy monounsaturated fatty acids; with 77% of its calories coming from fat, thus making it one of the fattiest plant foods in existence.

However, it is important to note that avocado pear doesn't just contain any fat…the majority of the fat in avocado is oleic acid.

And oleic acid, on the other hand, has a lot of health benefits which include, lowering blood pressure, weight loss, protecting cells from free radical damage, prevents type 2 diabetes, as well as ulcerative colitis and generates brain myelin.

Avocado pear also helps prevent and combat cancer, aids great vision, prevent osteoporosis, and other chronic diseases.

ALSO READ: The health benefits of dates will surprise you

Here are six health benefits of the avocado pear

1. Regulates the blood pressure

A significant risk factor for heart attack, stroke, and kidney disease, is due to the rising blood pressure of the body that is lacking in potassium.

While bananas are known to be rich in potassium, studies have shown that the avocado pear far outpaces the banana in potassium value, thus making it a truly underestimated superfood when it comes to lowering blood pressure.

 

2. It treats arthritis

Arthritis is a painful condition that is caused by swelling and inflammation of the bone joints. And this pain could often be worsened by staple foods such as wheat, corn, sugar, etc.

However, avocado is one fruit scientifically renowned for it anti-inflammatory properties and painkilling.

Laced with a substantial amount of monounsaturated fats, phytosterols and antioxidants like vitamin E, vitamin C, and carotenoids, the evergreen fruit have a palliative effect on arthritis symptoms.

3. It prevents cancer

Studies have shown that adequate intake of folate from food tends to protect against colon, stomach, pancreatic, and cervical cancers.

Although the mechanism behind this apparent reduction in risk is currently unknown, researchers believe that folate protects against undesirable mutations in DNA and RNA during cell division.

It has also been suggested that avocados may even have a role to play in cancer treatment, with some research finding that phytochemicals extracted from avocado can selectively inhibit the growth of precancerous and cancerous cells and cause the death of cancer cells.

In addition, the delicious food has also been shown to decrease chromosomal damage caused by cyclophosphamide, a chemotherapy drug.

4. Eye protection

According to recent studies, certain antioxidants such as lutein and zeaxanthin are needed for a healthy eye.

And avocado pear is particularly notorious for extracting such antioxidants from other food sources, while it also has them in high quantities.

These nutrients are front liners in addressing the risk of cataracts and macular degeneration, especially among the folks.

5. Avocado helps to reduce bad breath

More often than it is known, bad breath is not an exclusive issue of an unhealthy mouth, but also an imbalance in your stomach and intestinal system.

Well, if you're suffering from this condition, the avocado juice is a natural cleanser for both your mouth and intestine. 

It also helps to remove the microbes that are the cause of bad breath.

 

6. Excellent food during pregnancy

For expectant mothers, the health benefits of avocado pear cannot be overemphasized.

Loaded with folic acid, avocado pears does not only help in forming the nervous system of the unborn child, it also ensures healthy brains, cells, and blood.

In addition, it helps to reduce the cholesterol levels of the pregnant mother and reducing the risk of depression as well.

In conclusion, it is important to note that the health benefits of avocado pear are almost endless.

With its cancer-protecting features, skin care potentials, helping on weight loss, and normalizing sugar levels, it has been discovered that people who consistently eat avocados are usually blessed with robust health.

ALSO READ: The health benefits of cucumber will leave you speechless

 

 

Avocado Pear: The health benefits of this fruit are priceless



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Hunt for clues after Miami bridge collapse kills six

EXCLUSIVE: FKF to name Dutch coach for Harambee Stars

 Ruud Krol - Coach - Tunisia

Goal understands that a deal has already been struck between the federation and the former star and will be unveiled in May

EXCLUSIVE: FKF to name Dutch coach for Harambee Stars



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Politics: The '90s were 'a crazy time': John Kelly suggests Larry Kudlow's past cocaine addiction won't bar him from obtaining security clearance

John Kelly

Larry Kudlow entered a treatment program and said he was sober for 23 years.

  • White House chief of staff John Kelly suggested that Larry Kudlow's past substance-abuse wouldn't complicate his path to a security clearance once he's officially installed as President Donald Trump's new chief economic adviser.
  • Kudlow was fired from Bear Stearns in the mid 1990s as he struggled with cocaine addiction.
  • Kelly reportedly joked that the 1990s were "a crazy time."

White House chief of staff John Kelly reportedly suggested that Larry Kudlow's past substance-abuse wouldn't complicate his path to a security clearance once he's officially installed as President Donald Trump's newest chief economic adviser.

Kudlow was fired from Bear Stearns in the mid 1990s as he struggled with cocaine addiction.

During the off-the-record meeting with reporters on Friday, Kelly reportedly joked that the 1990s were "a crazy time" and downplayed the effects of Kudlow's history of substance-abuse, in part because that struggle was public knowledge, sources familiar with the meeting told Axios reporter Jonathan Swan.

Kudlow, a CNBC commentator, was rumored to have a hefty cocaine habit and faced "voluntary termination" before beginning a rehabilitation program.

"I went into drug rehab," Kudlow told The New York Times in 1994. "I had an alcohol and substance-abuse problem that needed to be taken care of."

Kudlow said he was sober for 23 years and that continuing his run was "my No. 1 job," according to The Times.

Questions surrounding Kudlow's ability to qualify for a security clearance come after Kelly overhauled the process — during which some senior administration officials saw their clearances get revoked or downgraded, including that of Trump's son-in-law and senior adviser Jared Kushner.

Despite the speculation, Kudlow apparently has Trump's vote. "I've known him a long time," Trump said of Kudlow on Tuesday. "We don't agree on everything but in this case I think that's good. I want to have a divergent opinion — we agree on most."

Politics: The '90s were 'a crazy time': John Kelly suggests Larry Kudlow's past cocaine addiction won't bar him from obtaining security clearance



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Transfer news & rumours LIVE: Man City prepare Kane and Isco swoop

Goal takes a look at the biggest transfer news and rumours from the Premier League, La Liga, Serie A and beyond

Transfer news & rumours LIVE: Man City prepare Kane and Isco swoop



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England snubs Tammy Abraham

Mourinho tells struggling Manchester United stars to 'grow up'

Manchester United manager Jose Mourinho

After seeing the Red Devils crash out of the Champions League to Sevilla, the manager believes his charges need to mature to reach the top

Mourinho tells struggling Manchester United stars to 'grow up'



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Sports: Texas did everything wrong in the final 20 seconds to blow a big shot at an upset and advancing in the NCAA Tournament

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The Texas Longhorns blew a 14-point second-half lead and lost in overtime to Nevada in the first round of the NCAA Tournament.

  • The Texas Longhorns blew a 14-point second-half lead and lost in overtime to Nevada in the first round of the NCAA Tournament.
  • Texas had a good chance to win the game in regulation but committed several blunders in the final 20 seconds.

Texas blew a 14-point second-half lead against Nevada, but it was the shenanigans in the final 20 seconds that kept the tenth-seeded Longhorns from pulling off the upset and advancing in the NCAA Tournament.

The first blunder came with 18.3 seconds to go with Texas still up by one point. Nevada fouled to stop the clock and send Texas to the free throw line.

In a one-and-one situation, Kerwin Roach II missed the first free throw and gave the ball back to Nevada with a shot to win the game.

Nevada then pushed the ball up the court and decided to go for the win without calling a timeout.

The move worked.

After Jordan Caroline drove the basket and had his shot blocked by Mohamed Bamba, he got the rebound and drew a foul when Bamba leaned into him with his body on the next attempt.

To make matters worse, it was the fifth foul on Bamba, something that would prove costly later.

And Texas wasn't done.

Before Caroline's first free throw attempt, Texas coach Shaka Smart called timeout.

The announcers theorized that Smart was both icing the shooter and setting a play if Nevada made both free throws.

The problem was that it was the Longhorns' final timeout, meaning they would not be able to advance the ball to the other end of the court after Nevada's second free throw attempt. If Texas trailed, they would have to go the full length of the court in 3.8 seconds for the win. Even if the game were tied or Texas still had the lead, it would have been nice to get the ball out of their end of the court.

At first, it did appear that icing the shooter was a good idea as Caroline missed his first attempt.

Caroline made the second, and the game was tied.

But now we saw the first repercussion of Bamba fouling out.

On the ensuing inbounds by Texas — from under their basket and without a chance to set up a play because they were out of timeouts — Dylan Osetkowski tried to pass the ball to backup Jericho Sims, who replaced Bamba in the lineup.

Miscommunication on the play led to Osetkowski throwing the ball too deep and Sims being forced to reach for the pass. He couldn't control it, and the ball went out of bounds giving it back to Nevada.

Texas would survive Nevada's shot to win it in regulation. But the circus that ensued before the miss cost Texas their own chance to win the game.

Instead, the game went to OT, Texas was without one of their top players in Bamba, and Nevada outscored the Longhorns 19-15 in the 5-minute extra period to advance.

Sports: Texas did everything wrong in the final 20 seconds to blow a big shot at an upset and advancing in the NCAA Tournament



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Friday, 16 March 2018

Finance: These 35 cars dominated the 2018 Geneva Motor Show

The Lamborghini Huracan Performante Spyder.

Cars featured at the 2018 Geneva Motor Show include those made by Aston Martin, Audi, Lambo, Ferrari, Bentley, BMW, Mercedes, Lexus, and Porsche.

  • The Geneva Motor Show is the first major European car show of 2018.
  • It will be packed with the latest offerings from Audi, Aston Martin, Bentley, BMW, Mercedes, Jaguar, Land Rover, Lexus, Ferrari, Lamborghini, Porsche, Volvo, and VW.
  • The show is open to the public from March 8 to the 18 at the Palexpo in Geneva, Switzerland.

The 2018 Geneva Motor Show is the first major European car show of the year. Usually, Geneva is a big to do. Car makers pull out all the stops to show off their latest and greatest.

Aston Martin CEO Dr. Andy Palmer offered up a spot on description of the show when he said, "Geneva is a highlight of the industry calendar and a motor show with a rich history and great atmosphere."

And what rich atmosphere it is.

The world's top brands will be there. From Ferrari to McLaren and Aston Martin to Bentley, Geneva will be packed with the next generation of exotics. In addition, there will be a host of production-ready models from mass-market luxury brands, such as Jaguar, Land Rover, Mercedes-Benz, Lexus, and BMW.

The 2018 Geneva Motor Show opens to the public until 18 at the Palexpo Arena in Geneva, Switzerland.

Here's a closer look at the 35 coolest cars at the show:

Geneva will mark the auto show debut of Aston Martin's new Vantage sports car.

Dr. Andy Palmer wasn't kidding when he said he had a big surprises in store for everyone. In fact, he had a couple. The first one was the debut of the 1,100 horsepower Aston Martin Valkyrie AMR Pro track-only hypercar.

And then Aston Martin unveiled the futuristic Lagonda Vision Concept electric car.

Bentley introduced a new plug-in hybrid version of its Bentayga SUV.

BMW rolled out its new X4 crossover …

… its new Z4 sports car, and …

… the new 8 Series Gran Coupe.

The Bavarians also showed off its updated i8 hybrid.

Audi unveiled an all-new A6 sedan and …

… an e-tron electric SUV prototype.

Jaguar introduced the production version of its I-PACE electric hatchback/crossover. It's a tweener that's expected to slot in between the Model 3 and Model X.

The $295,000 limited-edition two-door Range Rover SV Coupe made its world debut.

Ferrari's new 711 horsepower 488 Pista graced an auto show stand for the first time in Geneva.

As did Lamborghini's rival Huracan Performante Spyder.

As well as McLaren's 789 horsepower Senna supercar and …

… Porsche's new 520 horsepower, naturally aspirated GT3 RS.

Lamborghini's new Urus SUV also graced the Geneva show stands.

Hennessey's 1,600 horsepower Venom F5 and …

… Pagani's stunning Huayra Roadster both made an appearance.

Koenigsegg's insane Regera hybrid hypercar made a return trip to the show where it debuted in 2015.

Rimac's new C2 electric supercar made its auto show debut in Geneva.

Porsche also introduced its Mission E Cross Turismo concept. An all-electric crossover wagon designed to take on the Tesla Model X.

Rolls-Royce showed off its new flagship Phantom limo and …

… an updated Dawn convertible.

Mercedes-Benz unveiled a new AMG version of its revamped G-Class SUV as well as …

… an updated C-Class.

The new Mercedes-AMG GT four-door coupe arrived in production guise.

Volvo's stunning V60 wagon is also making its auto show debut.

At the same time, the public got its first look at the new all-electric offering from Volvo's performance offshoot, Polestar.

Volkswagen unveiled the new autonomous ID Vizzion concept car.

Toyota gave the public its first look at the next-generation Supra that was co-developed with BMW.

Toyota's premium division introduced the new UX crossover that will become the smallest member of the Lexus family of SUVs.

Nearly 15 years after its debut, the Maserati Birdcage is still a stunning sight.

Legendary Italian design houses Italdesign and …

… Pininfarina both showed off sleek supercar concepts.

Finance: These 35 cars dominated the 2018 Geneva Motor Show



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Police arrest 100 over violence at Ojota, Lagos