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A Comprehensive Guide to Gold Investment Companies
In pursuance of his administration’s policy thrust of consultation in governance, Comrade Governor Nasir Idris has embarked on periodic consultations with the stakeholders of the All Progressive Congress (APC) at the Local Government level, with the leadership of the state chapter making the arrangements. A statement issued by the Special Adviser on Communication and Strategy to the Kebbi State Governor stated that the tour is expected to take the governor to the 21 Local Government Councils. The consultation tour is aimed at interfacing with the stakeholders with a view to reviewing the development achieved so far, getting feedback from the people and unveiling proposed additional projects and programmes for the communities. Although the tour was specifically for consultation with stakeholders, it was surprisingly turned into a carnival kind of at Gwandu, Argungu and Augie Local government, the first phase of the tour where the turnout that received the governor’s entourage was massive. The entourage includes the Minister of Budget and Economic Planning Senator Atiku Abubakar Bagudu, former Governor Sa’idu Dakingari, former Deputy Governor and National Organising Secretary of the party Suleiman Muhammad Argungu former Deputy Governor Alhaji Bello Dantani and former Deputy Senate Leader, Senator Bala ibn Na’Allah. Others included members of the National and State Assemblies, members of the state working committee of the party, commissioners, Special Advisers, and heads of critical agencies of the state government. Apparently carried away by the joyful-full-looking amount crowd, Comrade Governor Nasir changed the pattern of the tour to a community Consultative forum with community leaders, organized farmers, traders and voluntary Associations, regardless of political affiliation in attendance. Supported by commissioners and political leaders, Comrade Governor Nasir summarised the achievements recorded in agriculture, education, health care, security, and other infrastructural facilities. He also unfolded the road map for the way forward in all sectors of development. In their contributions, various speakers acknowledged and appreciated the development achieved in various sectors and reaffirmed their loyalty, total support, and absolute confidence in Comrade Nasir’s administration. At Gwandu, Senator Bagudu told the gathering that he felt fulfilled because God had answered his consistent prayers that Comrade Nasir be granted the wisdom to perform much more than him when he served. He further declared “I must be extremely happy that my successor, brother, and humble leader is rapidly transforming our dear state. While speaking at Argungu, the National Organising Secretary of the party, Suleiman Muhammad Argungu lends credence to Senator Bagudu’s assertion, adding that the National Leadership of the party has identified Comrade Governor Nasir among the three performing state Governors of the party, in view of the verifiable People’s oriented projects in different sectors executed by his administration across the state. It could be recalled that at a stakeholders meeting, a few months ago, there was a unanimous vote of absolute confidence in Comrade Governor Nasir in recognition of his administration’s remarkable achievements in socio-economic development, promotion of peaceful coexistence, and ensuring the security of people’s lives and properties. As it could be clearly understood within the political environment of the state, there is no gain in saying that almost all the heavyweight grassroots politicians of substance with political relevance, and impeccable track records of selfless services to humanity, have remained solidly behind Comrade Governor Nasir Idris. Undoubtedly, their conviction of his leadership capacity, must have been informed by his respect for elders, humility, exhibition of political maturity, youthful but effective democratic experience, having led the nation’s apex workers union, the Nigerian Labour Congress,(NLC) as deputy National President. Also believed to have been other factors included transparency in governance, accommodating disposition, sincerity of purpose in politics as well as generosity to politicians and vulnerable people which have unarguably made him be recognised as a selfless people’s servant and role model for the present generation of politicians. After all is said and done, Comrade Governor Nasir Idris Kauran Gwandu remains the undisputable political leader, reliable and committed governor the people of Kebbi State need now and in future.
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NEW YORK and LONDON , Dec. 12, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that it has priced an underwritten public offering of 1,200,000 shares of its 8.00% Series A Preferred Stock Due 2029 (the "Preferred Shares") at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $28.8 million after payment of underwriting discounts and estimated offering expenses payable by the Company. The Preferred Shares are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 180,000 Preferred Shares pursuant to the same terms and conditions. The offering is expected to close on December 18, 2024 , subject to customary closing conditions. The Company intends to list the Preferred Shares on the New York Stock Exchange within 30 days of the original issue date under the symbol "PDPA." Lucid Capital Markets, LLC ("Lucid"), B. Riley Securities, Inc. and Kingswood Capital Partners, LLC are acting as joint book-running managers and InspereX LLC and Janney Montgomery Scott LLC are acting as lead managers for the offering. Investors should consider the Company's investment objectives, risks, charges and expenses carefully before investing. The preliminary prospectus, which has been filed with the Securities and Exchange Commission ("SEC"), contains this and other information about the Company and should be read carefully before investing. The information in the preliminary prospectus and this press release is not complete and may be changed. The preliminary prospectus and this press release are not offers to sell these securities and are not soliciting an offer to buy these securities in any state where such offer or sale is not permitted. A registration statement relating to these securities is on file with and has been declared effective by the SEC. Copies of the preliminary prospectus (and the final prospectus, when available) may be obtained by writing to Lucid Capital Markets, LLC, 570 Lexington Avenue, New York, New York 10022, by calling Lucid toll-free at 646-362-0256 or by sending an e-mail to Lucid at prospectus@lucid.com . Copies also may be obtained on the SEC's website at www.sec.gov . Egan-Jones Ratings Company is a nationally recognized statistical rating organization (NRSRO). A security rating is not a recommendation to buy, sell or hold securities, and any such rating may be subject to revision or withdrawal at any time by the applicable rating agency. About Pearl Diver Credit Company Inc. Pearl Diver Credit Company Inc. (NYSE: PDCC) is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio's total return, with a secondary objective of generating high current income. The Company seeks to achieve these objectives by investing primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a large number of distinct US companies across several industry sectors. The Company is externally managed by Pearl Diver Capital LLP. For more information, visit www.pearldivercreditcompany.com . Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company's other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Investor Contact: Info@Pearldivercap.com UK: +44 (0)20 3967 8032 US: +1 617 872 0945 View original content to download multimedia: https://www.prnewswire.com/news-releases/pearl-diver-credit-company-inc-prices-offering-of-series-a-preferred-stock-302330836.html SOURCE Pearl Diver Credit Company Inc.The report builds on Governor Kathy Hochul's efforts to advance New York's global reputation as the place where businesses come to grow, innovate, and create the future of emerging technologies. NEW YORK , Dec. 12, 2024 /PRNewswire/ -- (NYSE: IBM ) – The Emerging Technology Advisory Board (ETAB) today released its first report to elevate New York as an AI leader. The report provided recommendations to bolster the State's commitment to responsible development and implementation of AI. First introduced by Governor Kathy Hochul in June 2024 , the ETAB was established as an independent advisory board to chart the course for a thriving emerging technology ecosystem in New York State . The Advisory Board is co-chaired by IBM Chief Executive Officer Arvind Krishna and Girls Who Code Chief Executive Officer Dr. Tarika Barrett and is comprised of leaders from the private sector and nonprofit and foundation organizations. With input from over 40 external stakeholders and experts, the report details how New York is well-positioned to be at the forefront of AI advancement. This includes leveraging its robust economy, extensive tech talent pool, academic excellence, legacy for innovation, and groundbreaking investments in AI and AI-adjacent industries. In reviewing the state's current landscape, the Advisory Board also identified potential challenges, such as ensuring the workforce is equipped with the skills and resources necessary to succeed in the age of AI. The ETAB took a deeper look at how these challenges could impact New York organizations and communities – and, based on these insights, proposed three ambitions for the State of New York : Guided by these ambitions, the report sets forth nine recommendations – each backed by a thorough framework and next steps – designed to foster public-private partnerships and balance priorities of timely impact and sufficient scale necessary to help drive responsible AI adoption in New York . " New York State is furthering its legacy of innovation and invention for the rest of the world to follow, setting a standard of greatness – and we've only just begun," Governor Hochul said. "Since the beginning of my administration I have been laser-focused on bringing good paying jobs to this state, which is why we need ethical and responsible AI that improves the lives of all New Yorkers and delivers accessible, equitable and future proof jobs with it. I want to thank the members of the Emerging Technology Advisory Board, who took the time to form these recommendations. I look forward to reviewing the report and to working with experts and stakeholders from every sector as we forge an equitable and dynamic future for AI in New York ." "The Emerging Technology Advisory Board has delivered on its first goal to provide a blueprint that positions New York as a frontrunner in trustworthy AI," said Arvind Krishna . "This comprehensive set of recommendations will help drive an innovative AI ecosystem, ensure responsible AI deployment at scale, foster a resilient workforce, and empower all New Yorkers with equitable access to the benefits of AI." "The recommendations of the Emerging Technology Advisory Board reflect a collective effort to ensure that the advancement of artificial intelligence benefits industries and workers across New York ," said Tarika Barrett . "These comprehensive proposals aim not only to foster economic growth and innovation but also to uphold our commitment to a technological future that mirrors the diversity and values of our communities." As the Emerging Technology Advisory Board shares its recommendations with the State of New York , it underscores the joint effort, commitment and close collaboration it will take between the State's leadership, Advisory Board institutions, private sector, nonprofit organizations, philanthropic organizations, thought leaders and advocates to fortify New York as an innovation hub for future technologies. Read the full report here . About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information. About Girls Who Code Girls Who Code is an international nonprofit organization working to close the gender gap in technology, and is leading the movement to inspire, educate, and equip students who identify as girls or nonbinary with the computing skills needed to pursue 21st century opportunities. Since launching in 2012, Girls Who Code has reached 670,000 students through our in-person and virtual programming, and 218,000 of our alumni are college or career-aged. Girls Who Code has sparked culture change through marketing campaigns and advocacy efforts, generating 14 Billion engagements globally. In 2019, the organization was named the #1 Most Innovative Non-Profit on Fast Company's Most Innovative Companies list, and in 2023 was named one of Fast Company's Brands That Matter. The organization was also named one of NonProfit Times' Best Nonprofits to Work For in 2022 and 2023. Media Contact Caitlin O'Neill , IBM Corporate Communications caitlin.oneill@ibm.com View original content to download multimedia: https://www.prnewswire.com/news-releases/new-york-emerging-technology-advisory-board-publishes-first-report-outlining-vision-to-elevate-leadership-in-ai-302330851.html SOURCE IBM
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Wall Street stocks declined on Wednesday, retreating from records after pricing data showed an uptick in inflation, as leading companies fell after earnings reports. After three straight closing records for the Dow and Tuesday's record for the S&P 500, both dropped along with the Nasdaq in the final full trading session of the week. The Dow Jones finished down 0.3 percent at 44,722. The S&P 500 fell 0.4 percent to 5,998, while the Nasdaq shed 0.6 percent to 19,060. Despite Wednesday's lacklustre session, investors are optimistic about the upcoming period. A note from CFRA Research pointed out that December has historically been the strongest month of the year for the S&P 500 since World War II. "We project additional new highs through year-end as the S&P approaches our 6,145 target level," CFRA said in the note. "However, the year ahead could offer additional challenges, which will likely lead to a below-average full-year gain." The personal consumption expenditures price index rose 2.3 percent in the 12 months to October, up from 2.1 percent in September, the Commerce Department announced. The benchmark is closely watched by the Federal Reserve. Futures markets currently place the odds at about two-thirds that the Fed will cut interest rates again in December by a quarter of a percentage point. Among individual companies, both Dell Technologies and HP Inc. fell sharply on disappointment with their profit outlooks. Dell slumped 12.3 percent and HP lost 11.4 percent. Department store Nordstrom also retreated, sinking 8.2 percent as it reported a 4.6 percent increase in revenues. But the company also reported lower profits in a move attributed to higher costs. Markets will be closed on Thursday and open for only a half-day on Friday. (AFP)