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There is no cure for Ebola. But don’t tell that to traders. Shares of a US-based company working on a drug to treat the infectious disease surged nearly 40% last week. Tekmira Pharmaceuticals popped on much higher trading volume than usual because investors are hopeful that health agencies in the United States might approve its drug, known as TKM-Ebola. But investors buying this stock now need to be extremely careful. CNN reported Monday that two Americans who were infected with the Ebola virus in Liberia were treated with a drug made by privately-held San Diego company Mapp Biopharmaceutical. Shares of Tekmira, which were up as much as 26% at one point Monday, gave up all of their gains following the CNN report and finished the day down 7%. Meanwhile, shares of BioCryst Pharmaceuticals (BCRX), another small biotech working on a drug that could be used to treat Ebola, were up more than 5% Monday. Jason Kolbert, an analyst with Maxim Group who covers Tekmira, said in an interview t...

According to Sahara Reporters, the All Progressives Congress (APC) has aired major concern on the Aug. 9 gubernatorial election in Osun State, claiming around half a million unclaimed and misplaced Permanent Voters Cards (PVCs), have been duplicated by by fraudsters with intent to rig the process. ”These cloned cards, mostly in the hands of persons from states other than Osun, are to be used along with the authentic PVCs issued to the electorate in Osun state during the Aug. 9 Osun governorship election,” the party said in a statement issued Monday by Alhaji Lai Mohammed, its National Publicity Secretary. “Already, we can confirm that the hundreds of thousands of people in possession of these cloned cards all over Nigeria, especially in the states neighboring Osun, are being induced monetarily and instructed to super impose their photographs on the cloned PVCs. The party also suggests that security agents in on the scheme will be present at polling centers in order to harrass and ar...