Datong Badi Musa the President of Independent National Electoral Commission (INEC) Staff Multipurpose Cooperative Society Ltd, Plateau State, set the tone for the 15th Annual General Meeting with a stirring call to action, urging members to prioritize savings amidst economic challenges. Addressing a distinguished audience at the INEC State Office in Jos on Saturday, February 24th, 2024, President Musa expressed gratitude for their presence and emphasized the cooperative’s commitment to unity, collaboration, and mutual support.
He underscored the significance of the occasion, emphasizing the cooperative’s commitment to unity, collaboration, and mutual support. Reflecting on the operating environment, The Cooperative President acknowledged the prevailing peace amidst economic challenges such as rising inflation, which has impacted savings and loan demands. He urged members to prioritize savings, citing the necessity of financial strength and stability for the cooperative and its members.
Despite economic hurdles, Datong Badi highlighted the cooperative’s resilience and success in maintaining a zero-balance account and bolstering investments in federal government bonds. However, he somberly noted the loss of 28 members through retirement or transfer, as well as the passing of two members, Selzing George Audu and Yahaya Abubakar Aliyu.
Datong Badi appealed to management to collaborate with the cooperative in endorsing loan applicants to ensure the prioritization of cooperative loan repayments. He expressed profound appreciation to stakeholders, including the Resident Electoral Commissioner, Associate Professor Oliver Tersoo Agundu, and the management team, for their support and conducive working environment. Special recognition was extended to the external auditors, Y.G. Jugu & Co., and the Executive Committee for their dedication and loyalty.
In a separate remark, Kundu Yagba, representing diaspora members, commended the cooperative’s management for effective communication and transparency, urging continued steadfastness.
Also delivering a goodwill message, Former President Gimba Ishaku lauded the current executive committee’s performance and encouraged increased savings and utilization of cooperative loans to enhance members’ welfare.
In conclusion, the Cooperative President, Datong Badi expressed optimism for the cooperative’s future and called for collective efforts to realize its prosperity. The meeting concluded with goodwill messages and a commitment to the continued success of the INEC Staff Multipurpose Cooperative Society Ltd, Plateau State.
Dangote Cement Plc has put its proposed listing on the London Stock Exchange on hold, citing current market conditions and the company’s strategic priorities.
The company disclosed this in a regulatory filing signed by Edward Imoedemhe, the company secretary, following a meeting of its board of directors on Tuesday.
In May, Dangote Cement announced it was in early talks over a potential London listing, a move that would help widen its access to overseas investors and capital.
The company later, in July, explained that the faster and more practical listing process in the United Kingdom influenced its preference for London over Dubai for the secondary listing.
On Tuesday, the cement producer said it will not proceed with the secondary listing, noting that its shares remain listed on the Nigerian Exchange Group, and that the decision will not affect the company’s operations.
“The Company’s ordinary shares remain listed on the NGX, and this decision does not in any way affect the Company’s operations or business plans,” Dangote Cement added.
The company said it will remain focused on delivering sustainable value to its shareholders and building on its strong market position.
Dangote Cement is majority-owned by Africa’s richest man, Aliko Dangote, who launched the continent’s largest-ever initial public offering in September for his oil refinery.
Dangote Cement, with a production capacity of 55 million tonnes per annum, has a footprint in 11 African countries, including Cameroon, Ethiopia, Zambia, Tanzania, and Côte d’Ivoire, among others.
The corporation’s nine-month profit in 2026 jumped 31 per cent, while its revenue hit N3.8 trillion, boosted by improved revenue from cement and clinker sales.
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Over the past few years, X has released a number of features to make itself a friendlier hub for influencers. The latest effort to attract social media talent? Its own clipping tool.
Clipping is the pivotal social media technique by which longer videos are spliced into TikTok-attention-span length “clips” and then strategically posted to engage as many eyeballs (and, thus, derive as much ad revenue) as possible.
On Monday, X announced the tool, which, from what we can tell, appears to be little more than a straightforward video-trimming feature that lets users edit videos and post them to X.
The site says that every clip includes a “Clip from” label that links back to the original video from which it was derived, allowing X users to see more about the creator and the creator’s content.
“Grab your favorite moment from any video, add your take, and post it without leaving X,” the company posted.
The platform added that both creators and clippers can “earn from views on the clip through Original Content Rewards,” X’s rewards program. The program is only available for eligible creators and pays out based on specific levels of audience engagement.
Over the last several years, X has tried to compete with other social sites by expanding the kind of content it supports. To take on sites like YouTube, X introduced long-form videos in 2022 (when the site was still known as Twitter), and they have since taken off on the platform. To be more like Substack, it long ago dispensed with the site’s traditional character limits and introduced long-form blog posts, which are available to premium subscribers.
X has kept at it this year. In March, it added a feature called “exclusive threads” that lets creators put parts of a thread behind a paywall so only subscribers can read them, and in July it launched a live-streaming studio and set aside $1 million for creators who go live.
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