News
Maersk To Slash 3,500 Jobs As Profits, Revenue Plunge

Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit and revenue plunged in the third quarter due to a sharp fall in freight rates.
Maersk’s net profit nosedived to $521 million between July and September against $8.9 billion a year earlier.
“Our industry is facing a new normal with subdued demand, prices back in line with historical levels and inflationary pressure on our cost base,” CEO Vincent Clerc said.
The company had already begun to cut costs, reducing staff levels from 110,000 at the start of 2023 “to around 103,500 today.”
“Maersk is intensifying those measures and today introduce plans to further decrease the workforce by 3,500 positions, with up to 2,500 to be carried out in the coming months and the remaining to extend into 2024,” the company said.
“This will reduce the global workforce to below 100,000 positions,” it added.
READ ALSO: Controversy Emerges Over Cargo Scanners
Revenue for the period fell to $12.1 billion, compared to $22.8 billion a year earlier, especially in its shipping business.
“Ocean results have reached break-even levels due to continuing challenging market conditions resulting in substantially lower freight rates compared to the abnormally high rates in 2022,” the company said in its quarterly earnings report.
News
Anambra Poll: CDD Releases Post-election Findings, Recommends improved INEC’s Operational Capacity

The Centre for Democracy and Development (CDD-West Africa), has released its post-election findings on the just concluded Anambra governorship election, recommending improvement in INEC’s operational capacity, prioritised voter education, issue-based campaigns, amongst others.
In a post-election press briefing held in Akwa on Sunday, the CDD said the “2025 Anambra election reveals that Nigeria’s electoral challenges are deeply linked to wider governance failures; weak institutions, elite dominance, economic hardship, insecurity, and lack of accountability continue to shape voter behaviour and electoral outcomes.”
In the post-election statement signed by Dr. Dauda Garuba, Director, CDD, and Professor Victor Adetula, Chair,
CDD-West Africa Election Analysis Centre, recommended that the “ongoing electoral reforms must target improving INEC’s operational capacity through timely funding, decentralised planning, and consistent communication.
READ ALSO: CDD Assesses Anambra Guber Poll, Says Vote Buying Prominent In South, Central
“Such operational issues include logistics, mandatory real-time result publication via IReV, early voting for essential personnel and adequate personnel training.”
The CDD, while urging political parties to prioritise voter education and conduct issue-based campaigns, the organisation urged politicians to uphold internal democracy and adhere to transparent campaign financing.
“Elections cannot be treated as temporary security events. The government at all levels must develop a more sustainable security architecture that addresses root causes and provides year-round safety for residents.
“Only then can we safeguard electoral processes without relying on massive deployments that strain national resources and offer no long-term protection.”
READ ALSO:Tinubu’s ‘Balablu’: CDD Tackles Campaign Director, Alake On Claim
The CDD, while decrying the prevalent of vote trading in the election, said conscious steps must be taken to discourage this “through deliberate efforts to deliver good governance while promoting civic education across all strata of society to discourage transactional politics.”
“The National Orientation Agency must take centre stage on this. Ongoing reforms of the electoral act must take into consideration the need to arrest and prosecute electoral offenders.”
The CDD said that “as the country prepares for the 2026 off-cycle elections and the 2027 general elections, these reforms must be prioritised.”
It added: “Nigeria’s democratic survival depends not just on voting but on the strength of the institutions and the governance practices that surround it.”
News
UPDATED: INEC Declares Soludo Winner Of Anambra Guber Poll

The candidate of the All Progressives Grand Alliance, Prof. Chukwuma Soludo, has been declared the winner of the Saturday, November 8, 2025, Anambra State governorship election by the Returning Officer of the Independent National Electoral Commission, Prof. Edoba Omoregie.
Soludo, who polled a total of 422,664 votes, defeated his closest rival, the candidate of the All Progressives Congress, Nicholas Ukachukwu, who scored 99,445 votes, while the candidate of the Young Progressives Party, Sir Paul Chukwuma, came third with 37,753 votes.
According to INEC, a total of 16 candidates from various political parties participated in the election.
The state had 2,788,864 registered voters, out of which 598,229 were accredited. A total of 595,298 votes were cast, while 11,244 votes were rejected across the 21 local government areas.
READ ALSO:BREAKING: Soludo Sweeps Anambra Guber Election
From the results announced, Soludo of APGA won in all 21 local government areas of the state in a landslide victory.
Announcing the results at the INEC headquarters in Awka on Sunday, Omoregie said, “The number of registered voters was 2,788,864, while accredited voters were 598,229. The total valid votes stood at 584,054, rejected votes were 11,244, and the total votes cast amounted to 595,298.”
He added, “After collating the results as tallied into Form EC8E, it is now my privilege to declare the figures each candidate scored according to their political parties.
“There were a few areas affected by incidents, leading to cancellations in some wards across Anambra West, Anaocha, Awka South, and Onitsha South LGAs, amounting to 10,481 affected votes. However, the margin of lead between the top candidates did not affect the overall outcome of the election.
READ ALSO:Yiaga, Kukah Centre, CEMESO, Others, Assess Anambra Guber, Advocate Electoral Laws Enforcement
“I, Prof. Edoba Omoregie, Returning Officer for the 2025 Anambra State Governorship Election, hereby declare that the election was peaceful. Chukwuma Soludo of the All Progressives Grand Alliance, having scored 422,664 votes — the highest number of valid votes cast and having satisfied the requirements of the law — is hereby declared the winner and returned elected.”
Breakdown of results:
Total registered voters: 2,788,864
Total accredited voters: 598,229
Total valid votes: 584,054
Rejected votes: 11,244
Total votes cast: 595,298
Votes by political parties:
A – 224
AA – 1,145
AAC – 292
ADC – 8,208
APC – 99,445
APGA – 422,664
APM – 892
APP – 73
BP – 126
LP – 10,576
NNPP – 525
NRM – 36
PDP – 1,401
SDP – 241
YPP – 37,753
ZLP – 453
News
BREAKING: Soludo Sweeps Anambra Guber Election

The candidate of the All Progressives Grand Alliance (APGA) in the Anambra governorship election, Prof. Charles Soludo has been declared winner of the poll.
Returning Officer of the election, Prof. Edoba declared Soludo winner having polled
422,664 votes to defeat his closest opponent.
READ ALSO:AnambraDecides: CTA Frowns at Logistic Challenge, Ill-treatment Meted On Security Personnel
More details coming
News5 days agoTinubu Directs Education Minister To End ASUU Strike
Headline3 days agoMexican President Pledges Tougher Sexual‑harassment Laws After Being Groped
News3 days agoEdo Sets Up Special Court To Prosecute Govt-owned Land Encroachers
Metro4 days agoAmotekun Arrests 16 Illegal Immigrants, 22 Others In Ondo
News5 days agoOPINION: US And FFK’s Drum Of War
News4 days ago[JUST IN] Trump’s Threat: Nigeria Ready To Work With US, Other Countries To Wipe Out Terrorists – FG
News5 days agoPHOTOS: Tinubu Receives Catholic Archbishop Kaigama In Aso Rock
Politics4 days agoAgege LG Chairman Resigns
News4 days agoFULL TEXT: DSS Gives Update On Prosecution Of Owo Church Attackers, Other Terror Suspects
Headline4 days agoMan Grabs Mexico’s President While Meeting Citizens On The Street










