Residents of Magodo Phase II Estate have protested the marking of their properties and a planned takeover of the estate. The residents on Tuesday converged in front of the estate and displayed various placards lamenting over the situation and seeking the Lagos State government’s intervention. Some officials were seen escorted by heavily armed riot police […]
Theranos founder Elizabeth Holmes has been convicted of defrauding investors after a months-long landmark trial in California. Prosecutors said Holmes knowingly lied about technology she said could detect diseases with a few drops of blood. Jurors found Holmes guilty of conspiracy to commit fraud against investors and three charges of wire fraud. She denied the […]
By Emmanuella Anokam The Organisation of the Petroleum Exporting Countries (OPEC) says World total oil demand in 2021 is pegged at 96.5 million barrel per day (mb/d( and at 100.6 mb/d in 2022, surpassing pre-pandemic levels. OPEC Secretary General, Mr Mohammad Barkindo, disclosed this on Monday at the 58th virtual Meeting of the Joint Technical […]
Dr Doyin Salami has been appointed as the Chief Economic Adviser to the President (CEAP), the Presidency has announced. The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, made the announcement in a statement on Tuesday in Abuja. Adesina stated that until his appointment, Dr Salami was the Chairman of the […]
The Duke of York’s lawyers will argue in a US court later that a civil sexual assault lawsuit should be dismissed. Virginia Giuffre is suing him for allegedly sexually assaulting her 20 years ago, when she was a teenager. A document made public on Monday showed convicted sex offender Jeffrey Epstein paid her $500,000 (£371,000) […]
The Presidency has denied reports suggesting that the executive and legislative arm of government might be at loggerheads following an episode on Friday at the State House during the signing of the 2022 Budget and Finance Bill by President Muhammadu Buhari. Emerging reports had suggested that the insertion in the 2022 Appropriation Act, of 6,576 […]
Crisis-hit Chinese real estate giant Evergrande has suspended trade in its shares in Hong Kong as investors await news on its restructuring plan. The statement to the stock exchange did not give a reason for the trading halt. Evergrande has more than $300bn (£222bn) of debt and is scrambling to raise cash by selling assets […]
South African police said Monday they had charged a man with arson over a fire that caused extensive damage to the national parliament building in Cape Town, as firefighters struggled to extinguish the last remains of the blaze. The fire broke out early on Sunday at the parliamentary complex, some of which dates back to […]
An agreement between Virginia Giuffre and sex offender Jeffrey Epstein, which could be key to a civil case involving the Duke of York, is to be made public for the first time later. The 2009 settlement between Epstein and Ms Giuffre is to be released on Monday after an order by judges in the US. […]
Brazilian President Jair Bolsonaro was admitted to hospital in the early hours of Monday with abdominal pain and was being examined to see if surgery might be necessary, Bolsonaro’s doctor Antonio Luiz Macedo told the news website UOL from the Bahamas. The Brazilian TV network Globo showed images of Bolsonaro walking down the stairs of […]