Shares in Chinese technology giant Alibaba have fallen sharply after a report that its financial affiliate Ant Group is again under scrutiny. Regulators want to break up Alipay, which is China’s biggest payments app with more than a billion users, according to the Financial Times. A separate platform for the app’s profitable lending […]
A BBC Panorama investigation has found evidence that suggests one of Britain’s biggest companies paid a bribe to the former Zimbabwean leader Robert Mugabe. Documents show British American Tobacco (BAT) was involved in negotiations to pay between $300,000 and $500,000 to Mugabe’s Zanu-PF party in 2013. The documents also reveal BAT was paying […]
The Nigeria Women’s Volleyball Senior Team on Sunday defeated their counterparts Senegal 3-0 in their first game in the ongoing 202I African Seniors Nations Championship in Kigali, Rwanda. The News Agency of Nigeria (NAN) reports that Nigeria beat the Senegalese team in all the set 25-16, 25-18, 25-22 in their opening game on […]
The UK needs to be better prepared for future economic shocks, says the TUC. “Covid is not going to be a one-off,” the union federation’s general secretary, Frances O’Grady, will tell its annual congress later on Monday. “Climate chaos is here already and the longer we put off getting to net zero, the […]
By Abimbola Dolapo A medical practitioner, Dr Nathaniel Adewole, has warned Nigerians on the use of concoction in treating infections. Adewole told the News Agency of Nigeria (NAN) in Abuja that people should carry out tests before treating any type of infection. He said that the test results would direct the medical personnel on the appropriate medication […]
The Central Bank of Nigeria (CBN) has asked Nigerians to ignore reports that domiciliary account operators have been directed to convert their holdings into naira. In a statement on Saturday, CBN’s Director of Corporate Communications, Osita Nwanisobi, said the purported directive was not from the bank. According to him, the nation’s financial regulator is aware […]
The UEFA head has once again censured Real Madrid, Barcelona and Juventus – remaining clubs of the breakaway European Super League (ESL). “I wouldn’t mind if they left,” Aleksander Ceferin said in an interview with Germany’s Der Spiegel on Friday. “These people tried to kill football with their incompetent directors,” he added. In April, a […]
As Beijing cracks down on its entertainment industry, from storied stars to their fan clubs, some non-Chinese filmmakers are scaling back projects they hoped would attract audiences in what has been a lucrative market. In February 2020, Chinese authorities released “Detailed Rules for Reviewing Internet Variety Program Content.” Addressing TV and internet program makers, the guidelines say […]
A Tunisian man died in a hospital Saturday after setting himself on fire, witnesses and medics said, days after another burned himself alive to protest living conditions. Both acts recall the self-immolation of Mohamed Bouazizi, the street seller whose suicide by fire on Dec. 17, 2010, launched Tunisia’s revolution that in turn sparked the Arab […]
By Lucy Ogalue The Federal Government says Nigerian Maritime Administration and Safety Agency (NIMASA) mandate, is not to generate revenue. It said the mandate of the agency was to act as regulator of maritime safety and security. The Minister of Transportation, Mr Rotimi Amaechi, explained this in a statement by the ministry ‘s Director of […]