Warning of a potential new Cold War, the head of the United Nations implored China and the United States to repair their “completely dysfunctional” relationship before problems between the two large and deeply influential countries spill over even further into the rest of the planet. U.N. Secretary-General Antonio Guterres spoke to The Associated […]
Month: September 2021
NPA MD says Nigeria poised to become Africa’s maritime hub
Acting Managing Director of the Nigerian Ports Authority (NPA) Mohammed Bello-Koko says the organisation is poised to leverage Nigeria’s status as Africa’s biggest economy to actualise the country’s maritime hub status in the region. In a statement issued on Sunday in Lagos by NPA General Manager, Corporate and Strategic Communications, Mr Olaseni Alakija, […]
Evergrande: Embattled China property giant sparks economy fears
Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a key test this week. Major banks have reportedly been told that they won’t receive interest payments on loans that are due Monday, while interest payments of $84m (£61m) […]
Emmy Awards 2021: The Crown and Ted Lasso sweep major categories
Netflix’s royal drama The Crown and Apple TV comedy Ted Lasso were the big winners at Sunday’s Emmy Awards. The Crown’s prizes included best drama series and four acting wins – for Gillian Anderson, Olivia Colman, Josh O’Connor and Tobias Menzies. “What a lovely end to the most extraordinary journey with this lovely […]
2021 African Women’s Senior Nations Championship ends abruptly
The 2021 African Women’s Senior Nations Volleyball Championship, on Saturday ended abruptly following a disappointing end by the Rwanda Volleyball Federation and Rwanda Ministry of Sports. This comes on the heels of an order from the Rwanda Volleyball Federation to all its participating teams and officials to vacate the country within 24 hours. […]
US debt limit struggle raises specter of catastrophic default
Unless Congress votes to increase the amount of money the U.S. Treasury is allowed to borrow above its current debt of $28.5 trillion, the United States will default on its financial obligations sometime in the next several weeks, experts warn. Few experts consider that likely to happen, but if it did, it could […]
Manny Pacquiao: Boxing star to run for Philippines president
Philippine boxing star Manny Pacquiao says he is to run for president in next year’s election. He was nominated as a candidate by a faction of the ruling party, PDP-Laban. On top of a glittering career as a fighter, Mr Pacquiao, 42, is a senator in the Philippines’ parliament. Incumbent Rodrigo Duterte is […]
CIA warned children were possibly present seconds before US missile killed 10
Just after the US military launched a Hellfire missile to stop a white Toyota Corolla it believed to be an imminent threat to US troops leading the evacuation at the Kabul airport, the CIA issued an urgent warning: Civilians were likely in the area, including possibly children inside the vehicle, according to three […]
Notre Dame cathedral in to reopen in 2024
The Notre Dame cathedral is on track to reopen to the public in 2024 as the cathedral has now been entirely secured, two years after the disastrous fire that destroyed large parts of the 850-year-old building. In a statement Saturday, the public body responsible for its conservation and restoration said the securing of the cathedral […]
CBN cannot continue selling Dollars to people who buy arms – Emefiele
The Central Bank of Nigeria (CBN) says it cannot continue to sell dollars to people who purchase arms to hurt Nigerians. CBN Governor, Godwin Emefiele, stated this on Friday after the Monetary Policy Committee (MPC) meeting which was held in Abuja, the nation’s capital. Emefiele explained that the financial markets regulator is determined […]