* Jumia posts $192m loss, eyes stock market for succour * INEC presents certificates of return to senators-elect, Okorocha missing

MARCH 14, 2019 Nigeria requires effective child protection services - Viola Okolie Out of the corner of my eye, I catch something flicker across the [Forward](  [SABI-EVENING-NEWS](  MARCH 14, 2019 [***] [VIOLA]( Nigeria requires effective child protection services - Viola Okolie Out of the corner of my eye, I catch something flicker across the bottom of the screen on the news ticker: A school building has just collapsed in Lagos. Scores of children feared dead!Because life no dey wait for person, I breathed out a small word of prayer that the casualties may not be so many and that God grant comfort to the bereaved, then pressed on with my day after filing away that news item at the back of my mind and telling myself I would need to come back to it soon. [Read more]( [***] [Jumia]( Jumia posts $192m loss, eyes stock market for succour Huge losses of $192m (170m euros) in 2018 and the difficulties in raising additional funds from its current investors have been identified as reasons behind the decision of e-commerce giant Jumia to list its shares on the stock market in order to keep the business afloat. Jumia is presently putting together an Initial Public Offer (IPO) in New York this year which will reportedly see the business valued at $1.5 billion, with reports indicating that some of its current investors are set to divest their stake in the business after it emerged that the MTN Group, Jumia's biggest shareholder, is looking to raise up to $600 million from the sale of its shares during the IPO. [Read more]( [***] [Sabinews 2 ]( [***] [Rochas-Okorocha]( INEC presents certificates of return to senators-elect, Okorocha missing The Independent National Electoral Commission (INEC) on Thursday presented certificates of return to senators-elect. However, the outgoing governor of Imo state, Rochas Okorocha was conspicuously absent due to the pending review of his electoral victory by the commission.Okorocha was declared the winner of the Imo West senatorial election but the INEC presiding officer claimed he was forced to make the announcement under coercion. [Read more]( [***] [Scene-of-building-collapse-at-Itafaji-on-Lagos-Island]( Lagos Building Collapse: Over 50 persons rescued from trappings The Lagos State Emergency Management Agency (LASEMA) today confirmed that over 50 people have been rescued from beneath the debris of the collapsed building in Itafaji, Lagos Island. This was according to a statement by the General Manager, Adeshina Tiamiyu who explained the number of casualties cannot be ascertained until the rescue operation is over.“So far, we have been able to rescue over 40 people. When we finish the rescue operation we can give an accurate number of the victims in collaboration with the medical personnel,” he stated. [Read more]( [***] [inec]( Adamawa Rerun: Court stops INEC from conducting supplementary elections A High Court sitting in Yola, the capital of Adamawa state has issued an order mandating the Independent National Electoral Commission (INEC) from conducting supplementary governorship election in the state. This order was given by Justice Abdulaziz Waziri following a motion ex parte filed by Movement of Restoration for Defence of Democracy (MRPD). The party claimed its party logo was excluded from the ballot paper for the March 9 governorship election conducted in the state. [Read more]( [***] [Buhari-and-Senate]( Buhari rejects NASDRA bill President Muhammadu Buhari has rejected the National Oil Spill Detection and Response Agency, NOSDRA, Amendment Bill 2018. The President in a letter to the Senate, read by the Senate President, Bukola Saraki cited three reasons for rejecting the bill. According to the President’s letter, the bill will undermine the powers of the Minister of Petroleum and the Ministry of Petroleum. [Read more]( [***] [HEADLINES]( [My INEC certificate cannot be touched or seized, says Okorocha]( [Lagos collapsed building: No new casualty has been brought in —MD, General Hospital]( [Osinbajo, Adamawa, Bauchi governors hold meeting]( [Senate: I’ve forgiven Theodore Orji, says Kalu]( [Police arrest Oyo APC lawmaker over Rep member’s death]( [Senate decries high debt profile, as senators begin debate on 2019 budget]( [Kalu promises harmonious relationship with Orji in Senate]( [House committee chair mourns slain member]( [***] [Nigerian-Stock-Exchange-NSE]( NSE fine 36 quoted companies for failing to file financial statements on time The Nigerian Stock Exchange (NSE) is taking a firmer stance against companies that fail to post their audited financial statements within the regulatory time frame for them. It has fined 36 quoted companies for failing in this regard concerning their duty of timely disclosure.The companies include Abbey Mortgage Bank Plc., Academy Press Plc., International Breweries Plc., Mutual Benefit Assurance Plc. and NPF Microfinance Bank Plc. Others are AG Leventis Plc., PZ Cussons Nigeria Plc., Meyer Plc., Presco Plc. and Royal Exchange Plc., among others. [Read more]( [***] [spotlight-series]( Google may be quitting it's VR film division, Spotlight Series As Virtual reality eases to augmented reality, Google is deciding to quit it's VR film division, Spotlight Stories, six years after building out its content, according to Variety reports. Google hasn't yet confirmed the news.'Google Spotlight Stories means storytelling for VR. We are artists and technologists making immersive stories for mobile 360, mobile VR and room-scale VR headsets, and building the innovative tech that makes it possible,' the group’s site reads. [Read more]( [***] [ford-and-autonomous-vehicles]( Ford prepares to situate autonomous vehicle program in Austin As Ford gears up to launch its robotaxi service in 2021, the automaker is ramping up preparations to open an autonomous vehicle program in Austin, according to reports from those familiar with the development. A new job listing for an autonomous vehicles 'market specialist' based in Austin validates the information. Austin is the fifth city to join the automaker’s testing program, which already includes Detroit, Miami, Pittsburgh and Washington, DC.Ford didn’t confirm or deny that Austin was the next city. [Read more]( [***] [Ibadan Obas-in-Council congratulates Makinde]( [FG bans boeing 737 max airplanes]( [Hundreds surrender at Islamic State enclave as SDF advance]( [Beto O'Rourke is a risk Democrats might want to take]( [New Avengers: Endgame trailer features Captain Marvel at last]( [Empire Boss: ‘It’s too early to consider continuing without Jussie Smollett’]( [Spotify: Apple's App store abuses its power to 'stifle' rivals]( [Telegram benefits from what is said to be Facebook’s most severe global outage]( [***] [neymar]( Neymar risks Euro ban after foul-mouthed ref rant [Read more]( [***] [satguru-Mahrajii]( I am the ‘living perfect master’ of this age- Satguru Maharaji Ji [Read more]( [***] [warder-warden]( Traffic warden trends on social media for rendering amiable service in Kogi state (Photos) [Read more]( [***] [burna-boy]( Stefflon Don can’t get enough of Burna boy’s big joystick[Read more]( [***] [adesua-etomi]( Adesua Etomi appears on first Vogue Magazine cover (Photos) [Read more]( [***] [Sabinews.com]( [Facebook]( [Instagram]( [Twitter](  ©2019 Sabinews | Gbagada Lagos [Like](  [Tweet](  [Pin](  [+1](  [in](  [Web Version](  [Preferences](  [Forward](  [Unsubscribe](   [Powered by Mad Mimi®A GoDaddy® company]()