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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...

Thunderstorms that swept across Southern California on Sunday led to the death of one person and caused mountain mudslides that stranded more than 2,000 others, authorities said. A body was found in a car that was sweptinto a rain-swollen creek in Mount Baldy and overturned, San Bernardino County Fire spokesman Chris Prater said. Further east, flash floods brought thick debris flows that cut off access to two towns. About 1,500 residents of Oak Glen,and another 1,000 residents of Forest Falls in the San Bernardino Mountains were unable to get out because the roadswere covered with mud, rock and debris, authorities said. The stranded include 500 children and adults who had arrived at a Forest Falls campground Sunday morning. "Our concern is that they're isolated at that campground and no longer have access out of the mountain," Kyle Hauducoeur, another county fire spokesman, said.Authorities made reverse 911 calls to urge residents to stay put while crews clear the roa...

Best of Nollywood nomination list for 2014 is out. Check out thenominees list after the cut. 1.  Actor in Leading Role (English)· Kanayo O. Kanayo - Apaye· Joseph Benjamin- Don’t Cry for me· Gbenga Akinnade- Render to Ceaser· Tope Teleda- A Mile from Home· Femi Jacobs- The MeetingBob Manuel Udokwu- Dining with a Long Spoon 2.  Actor in Leading Role (Yoruba)· Odunade Adekola- Ina Loju Ekun· Niyi Johnson- Oritoke· Yinka Quadri- Aremo Ite· Muyiwa Ademola- Eja Nla· Femi Adebayo- Fifehanmi 3.  Actor in Leading Role(Hausa)· Yakubu Mohammed- Duniya Han· Sani Danja- Byrin Zuciya· Ibrahim Maishunk- Aduniya· Adam A Zango- Ruwan Jakara· Sadik Sani- Hadarin Gabas 1.Actor in Leading Role(Igbo)· Okey Bakasi- Onye Ozi 1.Actress in Leading Role (English)· Omoni Oboli- Being Mrs Elliot· Ivie Okubaye- Black Silhouette· Mary Lazarus- Don’t Cry for Me· Clari...

A former Governor of Lagos State, Asiwaju Bola Tinubu, has predicted that the end of the Peoples Democratic Party will bedisgraceful. He alleged that the impeachment of some All Progressive Congress governors was an attempt to turn Nigeria into a one-party state but vowed that the PDP’s joy over the impeachment would be short-lived. Tinubu’s media aide, Sunday Dare, said this on his Facebook page in a note titled, “PDP, Jonathan are building on quicksand,” on Monday. He said it was unfortunate that the PDP-led Federal Government had trivialised the attempt on thelife of a former military Head of State, Maj. Gen Muhammadu Buhari (retd.).He berated the Publicity Secretary of the PDP, Olisa Metuh, for politicising the incident and expressed dissatisfaction in is life and dishonour the innocent lives lostin order to score cheap political points is both offensive and unconscionable. “The sun sets soon for the PDP and the party’s end will be ugly. Under ...

The scientist who helped discover the Ebola virus has saidhe would sit next to an infected patient on the London Underground and that the outbreak in West Africa was unlikely to trigger a major global pandemic.Professor Peter Piot, director of the London School of Hygiene and Tropical Medicine, told AFP that a lack of trust in authorities in West Africa had contributed to the world’s largest ever outbreak of the pathogen. The former executive director of the United Nations HIV/AIDS programme UNAIDS said he did not believe the viruswould give rise to a major pandemic, even if an infected person flew to Europe or the US.“Spreading in the population here, I’m not that worried about it,” he said.“I wouldn’t be worried to sit next to someone with Ebola virus on the Tube as long as they don’t vomit on you or something. This is an infection that requires very close contact.”Piot discovered Ebola in 1976, asa 27-year-old researcher working in An...

Manchester United defeated European champions Real Madrid 3-1 in front of a record US crowd of 109,318 in Michigan. Two goals from Ashley Young and one from Javier Hernandez secured new United manager Louis van Gaal his fourth win of the US summer tour.Gareth Bale’s penalty was all Real could muster in reply, even after the second-half introduction of former United star Cristiano Ronaldo.United now face Liverpool in Monday’s International Champions Cup final. Van Gaal has presided over wins against the Los Angles Galaxy,Roma and Inter Milan in the United States. United will now meet their great English rivals, who qualified for the final after Manchester City lost 5-4 on penalties to Olympiakos following a 2-2 draw in Minneapolis, in Miami.

Ex Vice President of Nigeria, Atiku Abubakar, has come hard on current President, Goodluck Jonathan, over the escalating security challenges facing the country and said that the President lacks the political will to quench the uprising. Boko Haram have been killing people and destroying properties in the nation since 2009 and with the Nigerian military looking unable to stop them. Atiku said that the current situation is worrisome and appalling and said this needs to end so that the local citizens who are the victims of such attacks could live in peace. While speaking with the Voice of America, VOA, the APC man said: “The security situation in the country, I must admit is appalling. I have never seen it this bad – not even during the civil war did we have this sense of insecurity all over the country.” Atiku also said that Nigeria deserves a leader with exceptional political will to resolve the current crisis threatening the nation, he said: “What we need to...

The All Progressives Congress (APC) has alerted Nigerians to a devilish plan involving an unscrupulous INEC official and PDP stalwarts to rig the Aug. 9th gubernatorial election in Osun State. In a statement issued in Lagos on Saturday by its National Publicity Secretary, Alhaji Lai Mohammed, the partysaid under the plan, some INEC IT staff has allegedly handed over the entire electoral register for the state to a Special Assistant to a top PDP national official, with a view to manipulating it to disenfranchise many voters.”For those who may see this as outlandish, they should recall that an INECofficial tampered with the voters register used during the last gubernatorial electionin Anambra State to remove the names of many voters,” it said.APC said the plan to tamper with the electoral register for Osun, coupled with INEC’s delay in issuing Permanent Voters Register to registered voters, especially those who are APC members in the state, highlight the desperation of ...

Ghana has officially banned flights from 4 West African countries; Guinea, Sierra Leone, Liberia, and Nigeria,citing concerns about the rapid spread of the Ebola virus, which has claimed several lives. Charles Asare, Managing Director of the Ghana Airport Company, said the measure was part of a set of emergency management plans officials are rolling out to combat the spread of the virus. Continue..The government there has also implemented strict restrictions on the movement and management of Liberian refugees in camps in the country. Health Minister, Kwaku Agyeman-Mensah, urged Ghanaians to bear with the government as they work to contain the virus. "Preparedness is not an event but a process," he said. Source: Sahara Reporters