More than two dozen artworks of legendary boxer Muhammad Ali was sold for nearly $1 million at Bonhams auction house in New York on Wednesday. According to the BBC, a total of 26 artworks by the champion boxer, including the rare collection of drawings, sketches and paintings, were auctioned. One of the most anticipated works, […]
By Kingsley Okoye The Senate on Wednesday approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The revised document was received and referred to the Committee on Finance on Oct. 5 for speedy consideration ahead of Oct. 7 budget presentation to the National Assembly by President Buhari. The […]
By Taiye Agbaje The Nigeria Diaspora Network (NDM), on Wednesday, urged youths to embrace hard work and shun any involvement in cybercrime, popularly commonly known as “yahoo, yahoo.” A Coordinator of the UK Chapter of the NDN, Deji Adebayo, who gave the advice, said such act cannot not guarantee the young people a good future. […]
A federal jury in San Francisco has ordered Tesla to pay a former Black contractor $137 million over claims that he was subjected to racial discrimination at work. Owen Diaz, who worked as a contract elevator operator at Tesla’s factory in Fremont, Calif., from 2015 to 2016, said in his lawsuit that he and others […]
A Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that financial strains in the country’s outsized property sector are spreading beyond the troubled Evergrande conglomerate. Fantasia Holdings, a Shenzhen-based developer, missed repaying $206 million worth of bonds that matured Monday, the company said in a stock exchange […]
The record prices of natural gas and coal, due to the supply-demand imbalances in global markets, can create additional economic risks for import-dependent economies that will have to face higher energy bills to meet increasing demand in their domestic markets. European natural gas prices surged by over 600% compared to September 2020, hitting over €100 […]
Windows 11, the latest version of Microsoft’s computer operating system, launches worldwide on Tuesday as a free upgrade for Windows 10 users. Windows chief product officer Panos Panay, told the BBC the latest version was built to be “clean and fresh and simpler” for the user. He promised that the new operating system would not […]
Social media services Facebook, WhatsApp and Instagram are back up and running after an outage that lasted almost six hours, Facebook says. It blamed an internal technical issue, which not only affected Facebook’s services, but reportedly also employees’ work passes and email. The services were down from about 16:00 GMT until around 22:00 on Monday. […]
The Director General of the Abuja Chamber of Commerce and Industry (ACCI), Ms Victoria Akai, has described the Dangote Group as the Flagship and the epicenter for Africa’s industrialisation. Speaking on the sideline of the Abuja International Trade Fair that was declared opened Monday, the DG said the conglomerate has placed Nigeria on the continental […]
UN Secretary-General António Guterres has urged greater support for vulnerable nations as they tackle the challenges of debt distress, lack of investment, unfair trade and the climate emergency. Guterres said this at the opening of the fifteenth session of the United Nations Conference on Trade and Development (UNCTD), which took place in Bridgetown, in Barbados. […]