Transnational Corporation of Nigeria PLC (TRANSC.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2011 interim results for the half year.For more information about Transnational Corporation of Nigeria PLC (TRANSC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Transnational Corporation of Nigeria PLC (TRANSC.ng) company page on AfricanFinancials.Document: Transnational Corporation of Nigeria PLC (TRANSC.ng) 2011 interim results for the half year.Company ProfileTransnational Corporation of Nigeria Plc is a diversified conglomerate with business interests in the power generation, hospitality, agriculture and oil and gas sectors. It owns and operates Transcorp Hilton Hotel in Abuja and Transcorp Hotel in Calabar. In the agriculture sector, the company produces orange and pineapple concentrates, mango puree and orange peel oil. It also grows food crops and fodder crops. In the energy sector, the company is involved in upstream petroleum development and has interests in exploring, refining and marketing oil and gas. Other business interests include generating electric power; maritime operations and supplying products for the mining and construction sectors which includes stone, sand, lime and iron. Transnational Corporation of Nigeria Plc’s head office is in Lagos, Nigeria. Transnational Corporation of Nigeria Plc is listed on the Nigerian Stock Exchange
Associated Bus Company Plc (ABCTRA.ng) listed on the Nigerian Stock Exchange under the Transport sector has released it’s 2017 interim results for the third quarter.For more information about Associated Bus Company Plc (ABCTRA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Associated Bus Company Plc (ABCTRA.ng) company page on AfricanFinancials.Document: Associated Bus Company Plc (ABCTRA.ng) 2017 interim results for the third quarter.Company ProfileAssociated Bus Company (ABC) Plc is a leading road passenger transportation company in Nigeria offering a luxury bus service for the discerning traveller. Known as ABC Transport, the company operates a luxury bus service and covers the most important routes between the major towns and cities of Nigeria as well as international travel options in West Africa. Associated Bus Company also owns and operates a budget hotel. Operations within and outside Nigeria are managed through ultra-modern terminals with comfortable lounges in major cities such as Lagos (Jibowu & Amuwo-Odofin), Aba, Owerri, Port-Harcourt, Abuja, Enugu, Onitsha, Umuahia, Jos, Mbaise, Bolade, and Accra (Ghana). Luxury buses owned and operated by the ABC Bus Company bear the distinguished Reindeer logo which has been adopted to symbolise strength, speed and efficiency. ABC Bus Company was awarded the prestigious title of Best Transporter in Nigeria by the Chartered Institute of Transport. The company consistently wins the National Bus Operator of the Year Award along with other accolades by renowned bodies. Capital Alliance Private Equity (CAPE) has a 30% stake in ABC Transport. The company’s head office is in Lagos, Nigeria. Associated Bus Company (ABC) Plc is listed on the Nigerian Stock Exchange
Nation Media Group (NMG.rw) listed on the Rwanda Stock Exchange under the Printing & Publishing sector has released it’s 2020 annual report.For more information about Nation Media Group reports, abridged reports, interim earnings results and earnings presentations visit the Nation Media Group company page on AfricanFinancials.Nation Media Group Annual Report DocumentCompany ProfileNation Media Group is the largest independent media house in East and Central Africa with interests in print, broadcasting and digital media. Nation Media Group operates in Kenya, Uganda, Tanzania and Rwanda. Multi-media platforms include newspaper and magazine publications, radio and television broadcasting, and digital marketing publications. Nation Media Group generates and distributes content created to inform, educate and entertain consumers to a multi-cultural audience across East and Central Africa. The media house was founded in 1960 in a turbulent political era by His Highness the Aga Khan and became a voice for African people. Nation Media Group is listed on the Rwanda Stock Exchange
Where could the Lloyds share price be in 5 years’ time? Jonathan Smith | Monday, 15th June, 2020 | More on: LLOY Our 6 ‘Best Buys Now’ Shares The stock market crash of 2020 ended the longest equity bull market in history. As we begin a new economic cycle (likely characterised by a looming recession) it’s worth casting our gaze further out. For example, thinking about where the Lloyds Banking Group (LSE:LLOY) share price could be in five years’ time.This is important because right now, the Lloyds share price is volatile. The share price was down around 15% last week, compounding a fall of over 50% year to date. But volatility often presents opportunity, especially when you’re buying for the long term.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Fundamental valuesA good starting point is looking at some fundamental measures of the worth of Lloyds. One metric I like to use is the price-to-book ratio. This measures the market value versus the book value of a company. The market value is simply what investors think the company is worth, whereas the book value is a tangible number that shows the net asset value. In theory, the ratio should be one, in that the actual value of the business is the same as investors’ perception of it. Yet it doesn’t always happen like this in real life. For Lloyds, the ratio is 0.52. This means the share price reflects only half the actual value of the net assets for the business! Now you can argue that with bad debt and loan defaults from the pandemic, liabilities will likely increase for the bank. But is the business really worth half the net asset value? I think not. So using fundamental analysis, I’d say in five years time the Lloyds share price should move closer to a 1-to-1 ratio. If the net assets stay the same, then this would see the share price double to around 65p. Technical analysisThe other side of the coin when trying to predict share price movements we have technical studies. These look more into charting and past price patterns when trying to predict where a share price will be in five years time. A good example is the Relative Strength Index (RSI). It measures how overbought or oversold a share price is from past prices. It’s a scale from 0-100, but anything below 30 is oversold, and above 70 overbought. The Lloyds share price reached the lowest RSI level in years back in the middle of March when it hit 18. It has recovered a bit back up to the mid 30s, but still a long way off from a middle-of-the-range reading. By comparison, the last RSI reading of 50 (fair value) was in January, when the share price was around 60p.From this we can conclude that if the technicals return to a fair value level over the next five years, then this should put the share price back at circa 60p.Lloyds share price, buy now?So if fundamentals suggest around 65p is a fair price, with technicals not far behind at 60p, should I buy more now? Well it does look attractive from my point of view. Buying at current levels just over 31p could be a solid longer-term play, reaping large profits for shrewd investors. 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Jonathan Smith owns shares in Lloyds Banking Group. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address See all posts by Jonathan Smith
LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS The 2016/17 Aviva Premiership season is fast approaching, so we take a close look at which teams are bolstering their roster, and with who… TAGS: HighlightSaracensWasps By Alex ShawFollowing on from our look at the ins and outs at the first six Aviva Premiership clubs this off-season, we now turn our attentions to Newcastle Falcons, Northampton Saints, Sale Sharks, Saracens, Wasps and Worcester Warriors.Reigning champions Saracens have been busy refreshing their squad in an attempt to retain their title, whilst both Newcastle and Worcester have been looking to make the savvy signings which they hope will once again keep them out of the relegation spot in the Premiership table.Newcastle FalconsThe side from the North-East have had a busy offseason, albeit without signing too many household names. Winger Vereniki Goneva arrives from Leicester, bringing with him proven try-scoring ability, whilst Kyle Cooper (Sharks) will look to fill the shoes of influential hooker George McGuigan, who has taken the well-trod path south to Leicester. The North American trio of Nick Civetta (RC I Medicei), Evan Olmstead (London Scottish) and David Tameilau (San Francisco Rush) all arrive at Kingston Park, as do former U20 notables Andrew Davidson (Glasgow Hawks) and Harrison Orr (Ealing Trailfinders). The club’s English-qualified quota has also been boosted by the signings of Sam Egerton (England 7s), Joel Hodgson (Yorkshire Carnegie), Sam Lockwood (Jersey) and Ben Sowrey (Worcester).Flying Fijian: Vereniki Goneva will join Newcastle FalconsThere has been plenty of upheaval in Newcastle ahead of the new season, with the Italian duo of Joshua Furno and Giovanbattista Venditti (both Zebre) joining McGuigan in departing the club. Todd Clever and the two Tuilagi brothers, Anitelea and Alesana, have all been released, whilst Kane Thompson, Gonzalo Tiesi, Scott Macleod and Rob Hawkins have all retired. Eric Fry (Sacramento Express), Ruki Tipuna (Rangataua) and Richard Mayhew (Yorkshire Carnegie), all of whom provided valuable depth for the Falcons last season, have also left the club.Northampton SaintsThere’s been relatively little business of note in Northampton ahead of the 2016/17 season, with the signing of Louis Picamoles from Toulouse the clear standout addition and one which is already being billed as potentially the signing of the season. The Frenchman will add to the wealth of options in Northampton’s back row and help guarantee them the front-foot ball they missed at times last season following the departure of Samu Manoa.Pyrenees powerhouse: Picamoles takes the place of Samu Manoa at the base of the Saints’ scrumScrum-half Nic Groom arrives from the Stormers, filling the void left by Kahn Fotuali’i’s move to Bath. The South African will compete with Lee Dickson for playing time and given the age of Fotuali’i, should be seen as a positive move for the future. Promising loosehead Danny Hobbs-Awoyemi has left for London Irish, whilst Jon Fisher heads to Bristol, with opportunities few and far between for the two players in Northampton’s deep pack. Hooker Charlie Clare arrives from Bedford Blues and will help Saints during Dylan Hartley’s duties with England.Sale SharksEvery year Sale have to deal with a high turnover of players and it’s been no different in 2016. Standout players Danny Cipriani and Tommy Taylor have both left for Wasps, whilst experienced heads Chris Cusiter and Mark Easter have both retired from rugby. AJ MacGinty (Connacht) and Rob Webber (Bath) are the men tasked with filling in for Cipriani and Taylor, and Mike Phillips (Racing 92) will be the latest in a long line of stellar scrum-halves to ply their trade in the North-West. Kieran Longbottom (Saracens) and Halani Aulika (London Irish) have been brought in to bolster an impressive scrum from last season and help mitigate the loss of Vadim Cobilas to Bordeaux. Having successfully avoid relegation upon their return to the Premiership in 2015/16, Worcester have taken strides this year to further distance themselves from a return to the Championship. The signing of Ben Te’o from Leinster has been the marquee piece of business from the Warriors this year, but the additions of Jackson Willison (Grenoble) and Biyi Alo (Saracens) should also bolster their chances of having a successful 2016/17 season.Big Ben: Ben Te’o will beef up Worcester’s back lineFrancois Hougaard’s deal has been extended, whilst on-loan back rower Marco Mama (Bristol) made his move a permanent one. Will Spencer (Bath) and Matt Williams (Northampton) also arrive at the club, with the former helping make up for the departure of Darren O’Shea to Munster. Other losses this summer include Charlie Mulchrone (Harlequins), Andy Symons (Gloucester) and Ben Sowrey (Newcastle). Star-spangled: AJ MacGinty will take up fly-half duties following the departure of Danny CiprianiRugby League convert Joshua Charnley (Wigan Warriors) will hope to replicate his impressive try-scoring record in the 15-a-side code, alongside the likes of Nev Edwards and Will Addison, and comes with big expectations, with the last man to make the Wigan-to-Sale move none other than Jason Robinson. Lou Reed (Cardiff Blues), Dan Mugford (Nottingham) and Laurence Pearce (Leicester) complete Sale’s cadre of summer recruits.SaracensThe reigning Premiership and European champions have made some eye-catching additions this summer and if they can gel quickly, the men from North London look a strong candidate to retain their titles. Veteran Springbok Schalk Burger (Stormers) will replace the retiring Jacques Burger, with his leadership and versatility making him invaluable for periods when Saracens have to do without Billy Vunipola and Maro Itoje. Likewise, full-back Sean Maitland (London Irish) and fly-half Alex Lozowski (Wasps) should show their worth when Alex Goode and Owen Farrell are on international duty. Lozowski will also have to fill the sizeable shoes of retiring fly-half Charlie Hodgson.Veteran: Schalk Burger replaces his namesake Jacques in the back rowVincent Koch (Stormers) replaces the departing Kieran Longbottom after a stellar 2015 Super Rugby season, whilst incoming Fijian Savenaca Rawaca (Fiji 7s) has all the potential in the world, whether that’s in the midfield or out on the wing. Lock Mark Flanagan (Bedford Blues) wraps up Saracens’ summer signings, with highly-promising youngsters Aaron Morris (Harlequins) and Biyi Alo (Worcester) completing the notable departures.WaspsThe Coventry-based outfit have gone all out to show they are no longer shopping in the budget section of the supermarket, bringing in Kurtley Beale (Waratahs), Danny Cipriani (Sale) and Kyle Eastmond (Bath) to spearhead their new-look back line. Charles Piutau has completed his long-awaited move to Ulster, whilst George Smith has returned to Australia, meaning that two of Wasps’ star performers last season will not be at their disposal in 2016/17. The freed up resources have been ploughed into the tight five, with Marty Moore (Leinster), Tommy Taylor (Sale) and Matt Symons (London Irish) all arriving at the Ricoh Arena.X-Factor: Kurtley Beale joins an already star-studded back line at WaspsBradley Davies (Ospreys), Alex Lozowski (Saracens), Lorenzo Cittadini (Bayonne), Carlo Festuccia (Zebre) and Ruaridh Jackson (Harlequins) have all moved on, with Andrea Masi, Ben Jacobs, James Downey and Ed Shervington all retiring. The multitude of openings these moves have created have resulted in the arrivals of Tom Woolstencroft (Bath), Marcus Garratt (Cornish Pirates), Craig Hampson (Bristol), Guy Armitage (London Welsh), Tom Cruse (London Irish) and Nick de Luca (Biarritz).Worcester Warriors
300 most powerful people in Britain Advertisement 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 14 October 2000 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Channel 4 has listed the 300 most powerful and influential people in Britain. The list is published in today’s Observer (in the Business section) and makes a useful read for prospect researchers. Don’t expect much biographical information in the published listing.Find out more in Brand New World at The Observer, but they don’t publish the list online. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
U.S.-NATO plans to overturn the Syrian government and recognize a dysfunctional regime of imperialist collaborators have suffered a serious setback. Under the pretext of fighting the terrorist force called the Islamic State, the Pentagon has pulled 13 other countries into bombing raids and military actions in Syria. With U.S. coordination, jet bombers from NATO members Britain, France, Turkey, Canada, Belgium and Netherlands have conducted military actions in Syria in the past year.In addition, Israel, Qatar, United Arab Emirates, Saudi Arabia, Jordan, Bahrain and Australia have also used their aircraft to bomb inside Syria. All these countries wring their hands and express frustration that the Islamic State has continued to grow. All are determined to overthrow the government of Syria. Meanwhile, Syria’s people have been devastated by this war imposed from the outside, with 12 million of Syria’s 23 million people displaced and homeless.A Russian Su-34 jet.Photo: militarytimes.comA no-fly zone and ground actions were under active discussion in almost every country, but both have faced intense opposition in imperialist Europe and the U.S.However, the destruction is just beginning. Combatants from 80 countries, including mercenaries, organized into 1,000 armed opposition groups and comprising more than 100,000 reactionary and fanatical fighters, are operating in Syria. That Saudi Arabian money equips and pays them is hardly a secret. Units operate openly from bases in Turkey and Jordan. Truck convoys of hundreds of trucks resupply these units. Yet despite all this assistance over more than four years, these mercenary forces have failed to overturn the Syrian government.The no-fly zones under discussion were intended to create an area of safety for a U.S.-organized opposition army to build strength. Tens of thousands of Syrian refugees would be dumped in this “Protected Zone.” In 2011, the Pentagon war machine and its NATO co-conspirators declared a no-fly zone in Libya in order to authorize seven months of relentless bombing of that country, leading to the brutal overthrow of the Libyan government. They’ve been unable to repeat this in Syria.Russia and Iran’s aid: a game changerIn the midst of all this outside intervention, Russia and Iran’s intervention into the war and Russia’s air strikes on the Islamic State have suddenly raised wild protest and screams among the imperialists. This is because both Russia and Iran, along with Lebanon’s Hezbollah forces, aim to defend Syria’s sovereignty, not to overthrow the Bashar al-Assad government. Russia’s entrance into the war has closed off Western plans to create a no-fly zone in Syria.An Oct. 8 article in the New York Times exposed Washington and EU thinking behind the massive publicity given to the refugee crisis and now their enormous frustration with Russia’s assistance to Syria. “First, [Russian President Putin] has closed off Western options that might have threatened the current regime in Damascus, the Syrian capital. This summer’s large flow of refugees stemming from the Syrian conflict had begun to focus European minds on how to resolve the underlying problem. Britain, France, Jordan, Turkey and Washington had begun at long last to talk seriously about creating so-called no-fly zones over Syria.“Those zones were intended to create areas of safety inside Syria for opposition forces and for thousands of displaced people, reducing the refugee flow. The tactic was intended to prevent the Syrian air force from attacking rebels and their supporters opposed to President Bashar al-Assad, who was steadily losing ground as his officials admitted to shortages of manpower.“The presence of sophisticated Russian warplanes and Russian personnel on the ground makes it almost impossible for the United States and its allies to risk such a no-fly zone.”What could possibly be clearer?This article exposes Washington’s cynical thinking and NATO’s military plans. This also puts in perspective the barrage of corporate media that was suddenly so overwhelmingly sympathetic to the wave of desperate refugees. The flow of refugees was intended to break down the resistance in Europe and promote NATO involvement.The United Nations’ drastic cut-off in meager food assistance to war refugees in camps in Jordan, Turkey, Iraq and Syria also pushed desperate people into the dangerous trek to Europe. The U.N. agency needed a mere $236 million to keep the program funded through November, but didn’t get it. According to NationalPriorities.org, the U.S. government has spent that much on wars in Iraq, Afghanistan and Syria every 28 hours since 2001.Was this preventable cut-off in food to refugees also intended to provoke migration in order to “focus European minds … at long last to talk seriously about creating so-called no-fly zones over Syria”?Despite the words of U.S. diplomats urging cooperation with Russian and Iranian forces, any cooperation is unlikely, as the goals of the two sides are diametrically opposed. The U.S. and Western forces are still determined to pursue “regime change” in Syria; Russia and Iran know that their own sovereignty and the stability of the entire region are connected to Syria’s ability to defend itself from colonial-style subjugation.The U.S. response has been to increase the shipment of military equipment to the various reactionary forces and escalate the growing confrontation. The only way to resolve this conflict is for the U.S., NATO — including Turkey — and the Gulf monarchies to get out of Syria and stay out! FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
STAFF REPORT First Heatwave Expected Next Week Community News Councilmember Rivas to Conduct Interviews for Police Oversight on Saturday 13 candidates will be publicly interviewed on zoom By ANDRÉ COLEMAN, Managing Editor Published on Tuesday, March 23, 2021 | 3:23 pm More Cool Stuff Your email address will not be published. Required fields are marked * Name (required) Mail (required) (not be published) Website faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News HerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyKeep Your Skin Flawless With These Indian Beauty RemediesHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyEverything You Need To Know About This Two-Hour ProcedureHerbeautyHerbeauty Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. District 5 City Councilmember Jessica RivasIf you’re looking for oversight of the police oversight commission selection process, look no further than District 5.From 10 a.m. to 1:30 p.m. Saturday, March 27, District 5 City Councilmember Jessica Rivas will interview 13 candidates during a Zoom meeting open to the public.“To make the best choice for our community, I am opening up the process to the public,” Rivas said.Candidates will be interviewed consecutively and will answer the same set of questions.The public is invited to watch and submit comments or questions via chat or email to [email protected]“I truly value your opinion and it will be an important factor in my decision,” Rivas said.Council members from each of the city’s seven districts will nominate one of the 11 commissioners, and the mayor will nominate another.In addition, three at-large commissioners from community-based groups will be nominated.The council will have final approval on all the commissioners and an auditor.Nominees are required to live in the city, though they are not required to be residents of the district represented by the nominating councilmember.Another goal is for at least 50 percent of the commission’s appointees to be women.In addition, practicing attorneys would not be able to serve if they or their firm or entity currently have pending criminal or civil cases involving Pasadena police officers.There has also been discussion about whether current or former police officers would be eligible to serve on the commission, and that’s a debate that will be revisited.Commissioners’ terms will be for three years and staggered.“I truly value your opinion, and it will be an important factor in my decision,” Rivas said on her flier.The event can be viewed at https://us02web.zoom.us/j/82219750999. Make a comment STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday 21 recommended0 commentsShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Subscribe
Arranmore progress and potential flagged as population grows Police dealing with security alert in Derry By News Highland – November 13, 2017 Nine til Noon Show – Listen back to Monday’s Programme Important message for people attending LUH’s INR clinic Google+ Facebook Twitter Pinterest Google+ Homepage BannerNews News, Sport and Obituaries on Monday May 24th Pinterest Facebook WhatsApp WhatsApp Police in Derry are currently dealing with a security alert in the Montgomery Close area.The PSNI have advised that the Rossdowney Road is currently closed.There are no further details at this time. RELATED ARTICLESMORE FROM AUTHOR Twitter Previous articleDonegal’s only emergency hostel running at capacityNext articlePSNI need to get to grips with armed gangs in Derry – Duffy News Highland DL Debate – 24/05/21 Loganair’s new Derry – Liverpool air service takes off from CODA
BlakeDavidTaylor/iStock(NEW YORK) — A suspect has been arrested in connection with a string of “suspicious” fires at historically black churches in Louisiana, authorities announced Wednesday.Three churches with predominantly African American congregations caught fire over a 10-day span in St. Landry Parish, Louisiana, this month, destroying the buildings and sparking fears about a possible racist motive. U.S. Attorney David Joseph announced the arrest in a statement late Wednesday, saying the unidentified suspect had been taken into state custody.“A suspect has been identified in connection with the three church burnings in Opelousas, Louisiana, and is in state custody,” Joseph said. “The U.S. Attorney’s Office, ATF, and FBI are working with state and local law enforcement and stand shoulder-to-shoulder with the victims and those St. Landry Parish residents affected by these despicable acts.”Authorities are expected to announce more details about the arrest at a press conference at 10 a.m. local time Thursday. The state’s fire marshal said investigators had identified “suspicious elements” in the case last week.“There is clearly something happening in this community,” State Fire Marshal Browning said in a statement. “That’s why it’s imperative that the citizens of this community be part of our effort to figure out what it is.”The blaze at the St. Mary Baptist Church was reported on March 26, followed by Greater Union Baptist Church on April 2 and Mount Pleasant Baptist Church last Thursday. Officials have not determined the exact cause of the fires.A fourth fire was reported on March 31 at Vivian United Pentecostal Church in Vivian, about 220 miles northwest of St. Landry Parish. The state fire marshal confirmed that blaze was intentionally set inside the church and caused a small amount of damage before it burned itself out.One local elected official said the fires appeared intentional and the NAACP categorized them as “domestic terrorism.”“For decades, African-American churches have served as the epicenter of survival and a symbol of hope for many in the African-American community,” NAACP President and CEO Derrick Johnson said. “As a consequence, these houses of faith have historically been the targets of violence.”Johnson noted that the fires had occurred within the same time span of another suspicious blaze in Tennessee, where a social justice training center was burned and tagged with anti-Semitic slurs.“What is happening in Tennessee and Louisiana is domestic terrorism and we must not turn a blind eye to any incident where people are targeted because of the color of their skin and their faith,” Johnson said. “The spike in church burnings in the Southern states is a reflection of emboldened racial rhetoric and tension spreading across the country.”Copyright © 2019, ABC Radio. All rights reserved.