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Politics

Political news and analysis

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Scotiabank's Warrier on Hedge Funds' Tough July

Mithra Warrier, managing director and global head of financing sales at Scotiabank, joined the program to provide insights as the market approached the close. The discussion highlighted a difficult July for hedge funds, referencing performance data from major firms such as Verition, Balysansy, Schonfeld Partners, Millennium, Point72, and Coatue. The segment focused on the factors contributing to the tough month for these funds and the broader implications for investors and market participants. (Source: Bloomberg)

Omilia raises $67M to scale its customer support platform

The Series B is the company's second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million.

Suncor Says Zebedee to Succeed Kruger as CEO Next April

Canadian oil sands firm Suncor Energy Inc. said Chief Executive Officer Rich Kruger will be stepping down next April and replaced by Peter Zebedee, and in a surprise move, its chief financial officer has left the company.

Celsius Shares Slump as Namesake Brand Sales Tumble

Celsius Holdings Inc. shares tumbled after the energy drink maker’s second-quarter sales missed expectations and sales of its namesake brand fell.

APCI Urges Schools to Prioritise Student Safety, Launches National Anti-Bullying Week

Funmi Ogundare The African Principals Conference Initiative (APCI) has urged schools and education stakeholders to prioritise student safety, well-being and a positive school culture as they prepare for the 2026/2027

This Day Live•8/6/2026

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Politics

Ex-Nigeria’s Finance Minister, Kemi Adeosun loses husband

Former Minister of Finance, Kemi Adeosun, has lost her husband, Anthony Adeniyi Adeosun. A statement by C. A. Adeosun, for and on behalf of the family said the ex-minister’s husband passed on Wednesday at the age of 62 years in Lagos. According to the statement, the deceased is survived by his wife; children; and siblings, including Adewale Adeosun, founder […] Ex-Nigeria’s Finance Minister, Kemi Adeosun loses husband

Daily Post Nigeria•8/6/2026

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Politics

Tempoe secures legendary Spotify plaque as ‘Love Nwantiti’ makes history

The plaque recognises Love Nwantiti (Ah Ah Ah), produced by Tempoe and performed by CKay, for surpassing one billion streams on Spotify, making it the first solo Nigerian song to reach the milestone on the platform.

P.M.News•8/6/2026

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Politics

‘Infantino thinks he’s Jesus, untouchable’ – Brazil asks FIFA president to resign

Former Manchester United forward, Alan Brazil, has called for under-fire FIFA president Gianni Infantino to resign from his role. Brazil stated this while speaking on Infantino’s controversial plan to sell FIFA World Cup minority stakes to private investors. Infantino’s plan has since been shelved after strong opposition from several confederations. Speaking on the developments, Brazil […] ‘Infantino thinks he’s Jesus, untouchable’ – Brazil asks FIFA president to resign

Daily Post Nigeria•8/6/2026

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Politics

‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs. The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months to June, substantially beating expert forecasts for ¥77.8bn. Continue reading...

The Guardian•8/6/2026

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‘Morocco feels emboldened’: Trump’s influence in spotlight after Ceuta disaster

Washington-Rabat ties under scrutiny as questions swirl over what led to deadly influx into tiny Spanish territory The cosy relationship between Washington and Rabat has long been flaunted by both sides, from Morocco’s announcement this year that it would be the first African state to join Donald Trump’s Board of Peace to the congratulatory message recently sent by Trump to mark King Mohammed VI’s 27 years in power. The latest example landed this week. As Spain grappled with the aftermath of the sudden influx – and swift return – of more than 70,000 people into Ceuta, Morocco’s monarch confirmed he had named a $1bn highway flanking the disputed territory of Western Sahara after Trump. Continue reading...

The Guardian•8/6/2026

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Politics

Debt-Fueled Solar Firm GoldenPeaks Accused of Fraudulent Lending

The collapse of solar-power developer GoldenPeaks Capital followed a number of seemingly “fraudulent” transactions between some entities, according to a court-appointed administrator overseeing the group’s key Polish subsidiary.

Bloomberg•8/6/2026

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Politics

‘Joke taken too far’ – Fayose reacts to EFCC freezing Osun Govt’s accounts

Isaac Fayose, younger brother to former Ekiti State Governor, Ayodele Fayose, has described the freezing of Osun state government’s account as a joke taken too far. Fayose made this statement in a video posted on his verified Facebook page on Thursday. Recall that the Economic and Financial Crimes Commission, EFCC, on Wednesday froze Osun state […] ‘Joke taken too far’ – Fayose reacts to EFCC freezing Osun Govt’s accounts

Daily Post Nigeria•8/6/2026

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