Zuckerberg urged to quit Facebook board

Mark Zuckerberg the founder of Facebook  should quit the Facebook board to protect user privacy said investor Scott Stringer. Stringer oversees New York City’s pension fund investments with an almost one billion dollars  stake in the social media platform. The financial officer said an independent chairman for the board was needed to ensure privacy safeguards after revelations that data was harvested from more than 50 million Facebook accounts by Cambridge Analytica. Earlier, the Facebook CEO defended his leadership following criticism from Apple’s Tim Cook. Mark Zuckerberg said that Cook’s suggestion that his company did not care about…

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Expert hails Unilever, PZ, Nestle, NB, others

Based on stock performance last week on the floor of the Nigerian Stock Exchange, capital market analysts have advised shareholders to channel their investments to the shares of Unilever Plc, PZ Cussons Industries Plc, which fall under the conglomerates, and Nigeria Breweries, for better return on investment. An economist and a fund manager, Mr. Oluwaseyi Ogunseye, said looking at the sectors that gained last week, and the gains garnered by the stocks in different sectors, it showed clearly that most of the stocks are competing favourably. “The reason for this…

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