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First major winter snow hits, renders 330,000 French homes without power

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Some 330,000 homes have been left without power after the first major snows of the winter hit south-eastern France, electricity network operator Enedis said on Friday morning.

A 63-year-old man was killed on Thursday evening when a tree fell on him as he tried to clear another fallen tree from a roadway in Isere department, public broadcaster FranceInfo reported.

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Local authorities said the A7 motorway in Isere was closed to heavy goods vehicles, but restrictions imposed on other routes on Thursday were lifted.

State railway company SNCF cancelled all trains between Grenoble and the Rhone Valley town of Valence.

Several other lines in the region would be out of action until the afternoon or suffer disturbances, it said.

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Banditry: Gov. Matawalle advocates N/West security committee

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Gov. Bello Matawalle of Zamfara on Tuesday advocated for a NorthWest Security and Peace Committee to address the security challenges of the region.
Matawalle made the call in Gusau while presenting 200 new operational vehicles to various security agencies in the state.
“I recently wrote to Mr President to offer our suggestion on the need to form a North West Security and Peace Committee to effectively handle the intractable security challenges bedevilling the sub-region over the years,” he said.
The governor said the need for the regional security committee was informed by his state experience within the last one year of peacebuilding through dialogue and reconciliation.
“The need for the committee is underscored by the fact that the Northwestern states of Sokoto, Kebbi, Zamfara, Katsina as well as  Kaduna and Niger in the North-central share common borders and have forested areas sprawling across these borders.
“This allows for free interstate movements of bandits and causing damage to people’s lives and properties.
“The setbacks suffered by our peace process, which was gaining traction, is partly a result of this interstate movement of bandits.
“It is only through a united approach by all the affected states that we can effectively root out banditry in the subregion,” Matawalle said.
The governor announced plans to organize a joint security collaboration with the neighboring states of Kaduna, Kebbi, Sokoto, Niger, and Katsina in order to block the existing porous borders so as to impede infiltration of miscreants or armed bandits into the state.
The Newsmen reports that the 200 new vehicles fully fitted with communication gadgets were presented to the Lt-Gen. Tukur Burutai, the Chief of Army Staff (COAD).
Burutai was represented by the General Officer Commanding (GOC) 3 Division of the Nigerian Army, Jos, Maj.-Gen. Nuhu Angbazo.
The COAS thanked the governor for providing the vehicles, saying they will facilitate the fight against crime in the state.
NAN also reports that the vehicles would be distributed to the Nigeria Police, Army, Air Force, Civil Defence Corps, Nigeria Immigration Service, Nigeria Correctional Service.
Others include the Federal Road Safety Corps, the Joint Task Force of Operation Hadarin Daji, Hisbah Commission, Zamfara Road Traffic Agency (ZAROTA) and EFCC Sokoto Zone.
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Aderinto joins race for 13th UI vice chancellorship

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Prof. Adeyinka Aderinto, the immediate past Deputy Vice-Chancellor (Academic), University of Ibadan, has formally joined the race for the 13th Vice Chancellorship slot of Nigeria’s premier university.

Aderinto, currently Head, Department of Sociology, disclosed this on Tuesday in Ibadan.

Newsmen reports that Aderinto is perceived as a strong contender to the position set to be vacated by incumbent Vice-Chancellor, Prof Idowu Olayinka, towards the end of the year.

Aderinto broke the news of his intention on the Faculty of the Social Sciences Whatsapp platform immediately after submitting his application.

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He also used the opportunity to solicit their support and prayers to enable him to actualise his dream.

“Dear Colleagues, I wish to inform you that I have just submitted my application for the position of the VC of our University.

“I seek your support in prayers. God bless you,” he said.

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Newsmen reports that though there was no academic work in the university due to the ongoing strike, political meetings and mobilization had kicked off informally.

Aderinto informed that he had started to receive wide support in the university with many praying for a successful outing.

Aderinto, the best graduating student for his set, had served the university in several capacities such as Examinations Officer, Sub-dean, Dean Postgraduate School, and Director of Special Duties in the office of the Vice-Chancellor.

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He had also been acting Head of Sociology at the Lagos State University (LASU).

Newsmen investigation revealed no fewer than seven other aspirants, including Former Dean, Faculty of Arts, Prof Remi Raji, incumbent Deputy Vice-Chancellor (Administration), Prof. Kayode Adebowale, Provost, College of Medicine, Prof. Bunmi Olaopa, and Former Chief Medical Director, UCH, Prof. Temitope Alonge, among others.

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Investors’ interest in Airtel Africa, BUA Cement lift trading by 0.30%

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The nation’s bourse halted negative trend on Tuesday due to investors’ interest in Airtel Africa, BUA Cement, and 15 other equities.

Consequently, the All-Share Index rose by 71.43 points or 0.30 percent to close higher at 24,097.48 compared with 24,026.05 achieved on Monday.

Accordingly, Month-to-Date and Year-to-Date losses moderated to -1.6 percent and -10.2 percent, respectively.

Also, the market capitalization appreciated by N37 billion to close at N12.570 trillion against N12.533 trillion recorded on Monday.

The upturn was accounted for by gains recorded in large and medium capitalized stocks, amongst which are; Airtel Africa, BUA Cement, Zenith Bank, Red Star Express, and PZ Cussons.

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Analysts at Afrinvest Limited said that “Given the low prices, we expect bargain hunting to continue in the near term.”

A breakdown of the price movement table shows that Red Star Express led the gainers’ table in percentage terms, growing by 9.76 percent, to close at N3.26, per share.

Wapic Insurance trailed with 6.06 percent to close at 35k, while C & I Leasing rose by 5.26 percent to close at N4, per share.

PZ Cussons increased by five percent to close at N4.20, while Mutual Benefits Assurance appreciated by 4.76 percent to close at 22k, per share.

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On the other hand, Okomu Oil dominated the losers’ chart in percentage terms, dropping 9.95 percent, to close at N69.70 per share.

Unilever Nigeria and MRS Oil followed with a loss of 9.78 percent each to close at N12.45 per share each.

AXA Mansard dipped 9.66 percent to close at N1.59, while Custodian Investment shed 9.09 percent to close at N5, per share.

An analysis of the activity chart shows that Guaranty Trust Bank emerged investors’ delight, accounting for 19.72 million shares valued at N413.82 million.

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Access Bank came second with 13.01 million shares worth N81.06 million, while MTN traded 10.23 million shares valued at N1.18 billion.

United Bank for Africa sold 10.19 million shares worth N61.98 million, while Japaul Oil & Maritime Services transacted 9.62 million shares valued at N2.05 million.

In all, the total volume of shares traded dropped by 18.01 percent with an exchange of 155.53 million shares, worth N2.60 billion achieved in 4,060 deals.

This was in contrast with a total of 189.69 million shares worth N2.78 billion exchanged in 4,216 deals on Monday.

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