The most striking and relevant news in Nigeria and the world, weekly. By Oyemaja Feeds, a division of The Oyemaja Group
Tanzanian plane crashes into Lake Victoria (6th November, 2022)(Africa):A Tanzanian Plane carrying 43 people has crashed into Lake Victoria on its attempt to land in the lakeside town of Bukoba. Of the 43 passengers, 19 are confirmed dead.
Chris Evans named Sexiest Man Alive (8th November, 2022) (Entertainment): Chris Evans, Hollywood actor and producer, has been named the Sexiest Man Alive 2022, by People’s Magazine. Several others including Idris Elba, Brad Pitt, Michael Jordan, Chris Hemsworth, etc have previously held the title; the most recent being Paul Rudd - 2021.
Court sentences EFCC boss, Abdulrasheed Bawa, for contempt of court (8th November, 2022)(Politics): A High Court of the Federal Capital Territory (FCT), Nigeria, has convicted the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, for contempt of court for agency’s failure to comply with an earlier order of the court to return to an applicant his Range Rover and the sum of 40 million Naira.
Elon Musk sells nearly 4 billion dollars in Tesla Stock (9th November, 2022)(Finance, Tech): Tesla boss, Elon Musk, sells nearly $4 billion worth of Tesla shares. This comes barely a week after his purchase of Twitter for 44 billion dollars and firing Twitter’s top executives and staff.
Meta sacks over 11,000 employees (9th November, 2022)(Tech): Meta, the parent company to Facebook and Instagram, has sacked over 11,000 of its employees. This accounts to about 13% of its total workforce, globally. This was announced by Mark Zuckerberg, the CEO of Meta. This also happens just moments after Twitter laid off about 50% of its total workforce.
Crypto company, FTX, files for bankruptcy (11th, November, 2022)(Tech, Finance, Cryptocurrency): FTX has filed for bankruptcy following a series of events including a Coindesk publication that a majority of Sam Bankman-Fried’s (CEO of FTX) trading giant Alameda Research is hinged on a coin devised by FTX’s sister company and not an independent asset; Alameda Research using FTX’s customer deposits as loans for trading; Binance’s CEO ( Changpeng Zhao) announcing the sale of Binance’s crypto tokens linked to FTX and triggering mass withdrawal worth billions by FTX’s customers. It has subsequently been reported that over 1 billion dollars of clients’ funds have mysteriously gone missing since FTX filed for bankruptcy.