Headline
Ikoyi Building: Read What A Cleric Said About Developer, Femi Osibona

Pastor Matthew Ashimolowo, the Senior Pastor of Kingsway International Christian Centre, KICC, has described Nigeria real estate developers, Mr. Femi Osibona, as a hard working man.
The cleric made the commendation in a video clip that has since gone viral, since the collapse of the 21-storey building on Gerrard Road, Ikoyi, Lagos, because the property was one of Osibona’s projects.
Ashimolowo also added that Femi had sent him a video that he was building three towers together on Alexander Road, Ikoyi.
Recall that Osibona, who was in the building at the time of collapse, was said to have died in the rubble. As of press time, his whereabouts could not be accounted for.
READ ALSO: Ikoyi Building: 48hrs After, ‘We Don’t Have Manifest Of People On Site, Sanwo-Olu Laments
The developer was reportedly on a visit to the site of the building when it collapsed.
Osibona, the Managing Director of Four Score Properties, was the builder of 360 Degrees Towers in Ikoyi.
According to Ashimolowo in the video, “He said after listening to my tapes, he built 12 apartments in London, in a part called London fields and had sold eight.
“He came again and said to me Pastor Matthew, lay hands on me; where else should I go again?
“He said he wants to go to South Africa, that I should pray for him. Ladies and gentlemen, he went to South Africa and built 125 houses in Centurion close to Johannesburg.
“He broke through exponentially, then he called me and said pastor where are you sir? I want to come to you.
“I said I was in Ghana preaching. He took a plane and came to Ghana from South Africa.
“He said where should I go again? I said look I am not your financial adviser go and meet your financial adviser.
“He said you are doing better than them. So I laid hands on him and prayed for him.
“I said go to Nigeria your country. Femi comes to Lagos, buys a land in Ikoyi; he builds 40 apartments and sells each one for like a million dollars.
“As I’m talking to you now, Femi sent me a video that he is building three towers together on Alexander Road in Ikoyi.
“One is 14 floors, one is 16 floors and one is 21 floors; this guy used to sell shirts and tie in Abuja.
“He didn’t even have the shirt and tie. He went to others to get for me during that crisis.
READ ALSO: Ikoyi Building: RCCG Pastor, 22 Artisans Stuck In Rubble
“Now he has three towers; I’m even wondering who should be laying hands on who— whether me the pastor, or him.”
Headline
Saudi Arabia’s Grand Mufti Is Dead
The Grand Mufti of Saudi Arabia, Sheikh Abdulaziz, has died at the age of 82.
According to a statement from the Royal Court, the revered cleric passed away on Tuesday morning.
Born in Mecca in November 1943, Sheikh Abdulaziz rose to become one of the most influential religious authorities in the Kingdom.
He served as head of the General Presidency of Scholarly Research and Ifta, as well as the Supreme Council of the Muslim World League.
READ ALSO:
He was the third cleric to occupy the office of Grand Mufti after Sheikh Mohammed bin Ibrahim Al Shaikh and Sheikh Abdulaziz bin Baz.
In its tribute, the Royal Court said King Salman and Crown Prince Mohammed bin Salman had extended condolences to the Sheikh’s family, the people of Saudi Arabia, and the wider Muslim world.
“With his passing, the Kingdom and the Islamic world have lost a distinguished scholar who made significant contributions to the service of science, Islam, and Muslims,” the statement read.
READ ALSO:Brazilian Jazz Legend, Hermeto Pascoal, Is Dead
A funeral prayer is scheduled to be held at the Imam Turki bin Abdullah Mosque in Riyadh after the Asr prayer on Tuesday.
King Salman has also directed that funeral prayers be observed simultaneously at the Grand Mosque in Makkah, the Prophet’s Mosque in Medina, and in all mosques across the Kingdom.
The Grand Mufti is regarded as Saudi Arabia’s most senior and authoritative religious figure. Appointed by the King, the officeholder also chairs the Permanent Committee for Islamic Research and Issuing Fatwas.
Headline
Antitrust Trial: US Asks Court To Break Up Google’s Ad Business
Google faces a fresh federal court test on Monday as US government lawyers ask a judge to order the breakup of the search engine giant’s ad technology business.
The lawsuit is Google’s second such test this year, following a similar government demand to split up its empire that was shot down by a judge earlier this month.
Monday’s case focuses specifically on Google’s ad tech “stack” — the tools that website publishers use to sell ads and that advertisers use to buy them.
In a landmark decision earlier this year, Federal Judge Leonie Brinkema agreed with the US Department of Justice (DOJ) that Google maintained an illegal grip on this market.
READ ALSO:Google Fined $36m In Australia Over Anticompetitive Search Deals
Monday’s trial is set to determine what penalties and changes Google must implement to undo its monopoly.
According to filings, the US government will argue that Google should spin off its ad publisher and exchange operations. The DOJ will also ask that after the divestitures are complete, Google be banned from operating an ad exchange for 10 years.
Google will argue that the divestiture demands go far beyond the court’s findings, are technically unfeasible, and would be harmful to the market and smaller businesses.
“We’ve said from the start that DOJ’s case misunderstands how digital advertising works and ignores how the landscape has dramatically evolved, with increasing competition and new entrants,” said Lee-Anne Mulholland, Google’s Vice President of Regulatory Affairs.
READ ALSO:Google Introduces Initiative To Equip 1,000 Nigerian Developers
In a similar case in Europe, the European Commission, the EU’s antitrust enforcer, earlier this month fined Google 2.95 billion euros ($3.47 billion) over its control of the ad tech market.
Brussels ordered behavioral changes, drawing criticism that it was going easy on Google as it had previously indicated that a divestiture may be necessary.
This remedy phase of the US trial follows a first trial that found Google operated an illegal monopoly. It is expected to last about a week, with the court set to meet again for closing arguments a few weeks later.
The trial begins in the same month that a separate judge rejected a government demand that Google divest its Chrome browser, in an opinion that was largely seen as a victory for the tech giant.
That was part of a different case, also brought by the US Department of Justice, in which the tech giant was found responsible for operating an illegal monopoly, this time in the online search space.
READ ALSO:Iran Hackers Target Harris And Trump Campaigns – Google
Instead of a major breakup of its business, Google was required to share data with rivals as part of its remedies.
The US government had pushed for Chrome’s divestment, arguing the browser serves as a crucial gateway to the internet that brings in a third of all Google web searches.
Shares in Google-parent Alphabet have skyrocketed by more than 20 percent since that decision.
Judge Brinkema has said in pre-trial hearings that she will closely examine the outcome of the search trial when assessing her path forward in her own case.
These cases are part of a broader bipartisan government campaign against the world’s largest technology companies. The US currently has five pending antitrust cases against such companies.
AFP
Headline
Google Faces Court Battle Over Breakup Of Ad Tech Business
Google faces a fresh federal court test on Monday as US government lawyers ask a judge to order the breakup of the search engine giant’s ad technology business.
The lawsuit is Google’s second such test this year after the California-based tech juggernaut saw a similar government demand to split up its empire shot down by a judge earlier this month.
Monday’s case focuses specifically on Google’s ad tech “stack” — the tools that website publishers use to sell ads and that advertisers use to buy them.
In a landmark decision earlier this year, Federal Judge Leonie Brinkema agreed with the US Department of Justice (DOJ) that Google maintained an illegal grip on this market.
Monday’s trial is set to determine what penalties and changes Google must implement to undo its monopoly.
According to filings, the US government will argue that Google should spin off its ad publisher and exchange operations. The DOJ will also ask that after the divestitures are complete, Google be banned from operating an ad exchange for 10 years.
READ ALSO:Google Fined $36m In Australia Over Anticompetitive Search Deals
Google will argue that the divestiture demands go far beyond the court’s findings, are technically unfeasible, and would be harmful to the market and smaller businesses.
“We’ve said from the start that DOJ’s case misunderstands how digital advertising works and ignores how the landscape has dramatically evolved, with increasing competition and new entrants,” said Lee-Anne Mulholland, Google’s Vice President of Regulatory Affairs.
In a similar case in Europe, the European Commission, the EU’s antitrust enforcer, earlier this month fined Google 2.95 billion euros ($3.47 billion) over its control of the ad tech market.
Brussels ordered behavioral changes, drawing criticism that it was going easy on Google as it had previously indicated that a divestiture may be necessary.
This remedy phase of the US trial follows a first trial that found Google operated an illegal monopoly. It is expected to last about a week, with the court set to meet again for closing arguments a few weeks later.
READ ALSO:Perplexity AI Makes $34.5bn Surprise Bid For Google’s Chrome Browser
The trial begins in the same month that a separate judge rejected a government demand that Google divest its Chrome browser, in an opinion that was largely seen as a victory for the tech giant.
That was part of a different case, also brought by the US Department of Justice, in which the tech giant was found responsible for operating an illegal monopoly, this time in the online search space.
Instead of a major breakup of its business, Google was required to share data with rivals as part of its remedies.
The US government had pushed for Chrome’s divestment, arguing the browser serves as a crucial gateway to the internet that brings in a third of all Google web searches.
Shares in Google-parent Alphabet have skyrocketed by more than 20 percent since that decision.
Judge Brinkema has said in pre-trial hearings that she will closely examine the outcome of the search trial when assessing her path forward in her own case.
These cases are part of a broader bipartisan government campaign against the world’s largest technology companies. The US currently has five pending antitrust cases against such companies.
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