Widow whose son was allegedly killed by Osun police officer month to graduation cries, says “world has ended”

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The mother of 20-year-old Ayomide Taiwo, has narrated her ordeal after an officer from the Osun State Police Command allegedly killed her son over alleged N50 bribe.

Ayomide, a fashion designer died on August 9, 2020, days after one Inspector Ago Egharevba, attached to Obokun Divisional Police Headquarters, hit him on the head with the butt of his gun.

The Widow, Yemisi Taiwo weeping while narrating her ordeal said that her husband died a few months after Ayomide was born on September 8, 2000 in Iragbiji, Boripe Local Government Area of Osun State and since then, the care of the family fell on her shoulders.

Due to lack of financial resources Ayomide discontinued his education and enrolled as an apprentice with a fashion designer in the same town towards the end of 2016. At the end of the training in 2019, he embarked on petty sewing to raise funds for

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500 High Schools Across the Country to Teach Personal Finance Curriculum, Thanks to Jackson Charitable Foundation

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NASHVILLE, Tenn.–(BUSINESS WIRE)–For a third consecutive year, Jackson Charitable Foundation, the charitable-giving arm of Jackson National Life Insurance Company® (Jackson®), is making it possible for even more high schools across the country to teach Ramsey Education’s Foundations in Personal Finance curriculum.

Jackson’s $1 million contribution ensures that during the 2020-2021 school year, more than 40,000 high school students at 500 schools nationwide have access to proven money principles that are helping to shape the lives of millions. Since 2018, Jackson’s sponsorship has helped ensure 100,000 high school students benefit from this important curriculum.

“Financial education is always important, but when there are economic disruptions, like what we’re seeing as a result of the COVID-19 pandemic, it shines a spotlight on economic disparities and financial fragility,” said Danielle Robinson, executive director, Jackson Charitable Foundation. “By providing these resources for teachers and students, we hope to be part of a

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Ebury and MarketFinance join forces for CBILS lending

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  • UK fintechs Ebury and MarketFinance have teamed up to expedite the final stretch of CBILS lending.
  • And the collaboration will be mutually beneficial amid increased UK neobank SMB focus.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.

MarketFinance will provide government-backed funds to Ebury’s small- and medium-sized business (SMB) customers, as the Coronavirus Business Interruption Loan Scheme (CBILS) winds down at the end of this month, according to AltFi.

Areas UK SMBs would like the government to focus on over the next five years

Ebury and MarketFinance have teamed up to expedite the CBILS.

Business Insider Intelligence


The government-backed scheme allows eligible SMBs to access loans of up to £150,000 ($191,500) and revolving credit facilities up to £5 million ($6.4 million) each. They have until the end of the month to apply and the British Business Bank extended the approval timeline for lenders by two months until November, and

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Dai Ichi Life Insurance Company Ltd Takes $207,000 Position in West Pharmaceutical Services Inc. (NYSE:WST)

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Dai Ichi Life Insurance Company Ltd bought a new stake in shares of West Pharmaceutical Services Inc. (NYSE:WST) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 912 shares of the medical instruments supplier’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its holdings in West Pharmaceutical Services by 416.4% in the first quarter. The Manufacturers Life Insurance Company now owns 535,941 shares of the medical instruments supplier’s stock worth $81,597,000 after buying an additional 432,151 shares during the period. Victory Capital Management Inc. raised its stake in shares of West Pharmaceutical Services by 226.0% in the first quarter. Victory Capital Management Inc. now owns 563,548 shares of the medical instruments supplier’s stock worth $85,800,000 after purchasing

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KBA and Huawei Ink sign collaboration Agreement to promote a tech-driven financial sector

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Kenya Bankers Association CEO Dr. Habil Olaka and Huawei Kenya Chief Executive Officer Mr. Will Meng during the signing a memorandum of understanding. Under the agreement, the two organizations will organize financial ICT-related activities.

Kenya Bankers Association (KBA) has taken a deeper dive into the technology world after signing a collaboration agreement with tech-firm Huawei Kenya that seeks to deepen financial inclusion in the financial sector.

Working with Huawei, KBA will lead an industrywide capacity building initiative geared at promoting knowledge on Financial Technology Innovation (Fintech), digital transformation and other and other ICT-related programmes within the Kenyan banking industry.

The move its to ensure that there is technology becomes the future of the financial sector making it affordable, efficient, and in line with the KBA strategic plan for 2020-2023.

“This partnership will further focus on research and knowledge-sharing activities, which will supplement the research initiatives that continue to be spearheaded

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Politics creates economic illusion in Houdini’s hometown

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Scott Rice sits in his living room watching a Fox News Channel interview with President Donald Trump in Appleton, Wis., Aug. 20, 2020. Nothing can shake Rice’s faith that Trump will save the U.S. economy, not seeing businesses close or friends furloughed, not even his own hellish bout with the coronavirus. But in Appleton, a city of 75,000 people along the Fox River, the health of economy isn’t judged on jobs numbers, personal bank accounts or union contracts. Instead, it’s viewed through partisan lenses, filtered through the facts voters want to see and hear, and those they don’t.

AP

Nothing can shake Scott Rice’s faith that President Donald Trump will save the U.S. economy — not seeing businesses close or friends furloughed, not even his own hellish bout with the novel coronavirus.

Rice reveres the president the way Wisconsin loves the Green Bay Packers. He has

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OPEC and BP Signal Pessimism in Oil Markets

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Here’s what you need to know:

The Organization of the Petroleum Exporting Countries said Monday that it was cutting back slightly its forecast for demand for crude for 2020 and 2021, another sign of new pessimism in the oil markets.

The trim amounts to around a half-percent of global demand, or 400,000 barrels a day. In its Monthly Oil Report, OPEC pointed to weak consumption of transportation fuels like gasoline and jet fuel, and disappointing demand in India as reasons for the revision. Oil prices, which collapsed in April but regained strength through the summer, slipped downward last week on word that oil production has begun to exceed demand.

In further bad news for OPEC, the energy giant BP issued a report that supported the idea that demand for fossil fuels has reached its limit. The central scenario of BP’s annual Energy Outlook, which was led by the company’s chief

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Dai Ichi Life Insurance Company Ltd Lowers Holdings in Hartford Financial Services Group Inc (NYSE:HIG)

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Dai Ichi Life Insurance Company Ltd trimmed its holdings in Hartford Financial Services Group Inc (NYSE:HIG) by 13.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,155 shares of the insurance provider’s stock after selling 9,871 shares during the quarter. Dai Ichi Life Insurance Company Ltd’s holdings in Hartford Financial Services Group were worth $2,396,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Quantum Capital Management boosted its holdings in Hartford Financial Services Group by 4.4% in the second quarter. Quantum Capital Management now owns 6,908 shares of the insurance provider’s stock valued at $266,000 after purchasing an additional 288 shares during the last quarter. Regent Investment Management LLC boosted its stake in shares of Hartford Financial Services Group by 4.0%

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Hacking away at the system

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Author: Charlotte Gifford


August 20, 2020

To the outside world, Kim Hyon Woo was a developer working for Chosun Expo Joint Venture, a China-based company that supplies freelancing software development and gambling-related products. But in reality, Kim didn’t exist. The person who controlled his email accounts – a man named Park Jin Hyok – was born and educated in North Korea.

Chosun Expo was also not what it seemed. As a matter of fact, it was a front company for Lab 110, a top-secret arm of the Democratic People’s Republic of Korea’s (DPRK’s) military intelligence agency. When Chosun Expo wasn’t carrying out normal business operations, it was facilitating some of the world’s highest-profile cyberattacks, including the Sony Pictures hack of 2014 and the WannaCry ransomware attack of 2017, the latter of which affected more than 200,000 systems across 150 countries and crippled hospitals in the UK, ultimately costing the

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Broadcasting Joe Biden’s Economic Program

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A few days ago, Bernie Sanders warned Joe Biden’s campaign that it needed to broaden its focus from attacking Donald Trump. “You got to give people an alternative or reason to vote for you other than saying, ‘I’m not Donald Trump,’ ” Sanders, who is supporting Biden, told PBS. “And that means talking about an economics program, which Biden has. It’s not as strong as I would like it—it’s not the Bernie Sanders program, despite what Trump will tell you. But it is a strong program that will improve the lives of many millions of people.”

Given the lead that Biden holds in the opinion polls, it can be argued that he must be doing something right. Still, Sanders’s point is a legitimate one. Even if focussing on the incumbent—a strategy that was on full display at the Democratic National Convention—is the best way to challenge a rogue President like

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